Teachers Insurance and Annuity Association of America

Teachers Insurance & Annuity Association Of America as of Sept. 30, 2003

Portfolio Holdings for Teachers Insurance & Annuity Association Of America

Teachers Insurance & Annuity Association Of America holds 32 positions in its portfolio as reported in the September 2003 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Kimco Realty Corporation (KIM) 8.6 $19M 471k 40.97
United Dominion Rlty Tr 6.5 $15M 800k 18.31
PS Business Parks 6.5 $15M 385k 37.74
ProLogis 5.8 $13M 430k 30.25
Equity Office Properties Tr 4.9 $11M 400k 27.53
Ashford Hospitality Trust 4.6 $10M 1.2M 8.97
BRE Properties 4.6 $10M 315k 32.98
Prentiss Pptys Tr sh ben int 4.1 $9.3M 300k 31.00
Boston Properties (BXP) 4.0 $9.0M 207k 43.47
LTC Properties (LTC) 3.5 $8.0M 290k 27.50
Host Hotels & Resorts (HST) 3.4 $7.8M 723k 10.73
Macerich Company (MAC) 3.4 $7.6M 200k 37.75
Health Care REIT 3.3 $7.4M 240k 30.85
Public Storage (PSA) 3.2 $7.2M 185k 39.23
Simon Property (SPG) 3.1 $7.0M 161k 43.58
Ramco-Gershenson Properties Trust 2.8 $6.4M 250k 25.45
Entertainment Properties Trust 2.7 $6.0M 200k 30.00
Equity Residential (EQR) 2.6 $6.0M 204k 29.28
Meristar Hospitality Corp 2.5 $5.7M 800k 7.08
AvalonBay Communities (AVB) 2.4 $5.4M 115k 46.80
Archstone Smith Tr 2.3 $5.3M 200k 26.38
Equity One 2.3 $5.1M 300k 17.00
Alexandria Real Estate Equities (ARE) 1.6 $3.6M 76k 48.03
Mission West Properties 1.6 $3.6M 290k 12.36
Apartment Investment and Management 1.6 $3.5M 90k 39.36
Post Properties 1.6 $3.5M 130k 27.23
Winston Hotels 1.5 $3.5M 380k 9.10
Chelsea Ppty Group 1.4 $3.1M 65k 47.91
Reckson Assocs Rlty Corp 1.0 $2.3M 99k 23.11
GABLES RESIDENTIAL Trust 1.0 $2.3M 70k 32.31
Hilton Hotels Corporation 0.8 $1.9M 115k 16.22
Manufactured Home Cmntys 0.8 $1.8M 47k 39.17