SCHEDULE 13G
Amendment Number *
Name of Issuer Digital Realty Trust Inc.
Title of Class of Securities common stock
CUSIP Number 253868103
Date of Event which Requires Filing of this Statement 12/31/04
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons
(entities only).
K.G. Redding & Associates, LLC
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) / /
3. SEC Use Only
4. Citizenship or Place of Organization Delaware
5. Sole Voting Power 1,124,000
----------------------------------------------------------
Number of
Shares 6. Shared Voting Power 0
Beneficially ----------------------------------------------------------
Owned by
Each 7. Sole Dispositive Power 2,418,400
Reporting ----------------------------------------------------------
Person With
8. Shared Dispositive Power 0
----------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,418,400
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) / /
11. Percent of Class Represented by Amount in Row (9) 11.3%
12. Type of Reporting Person (See Instructions) IA
Item 1.
(a) Name of Issuer
Digital Realty Trust Inc.
(b) Address of Issuer's Principal Executive Offices
2730 Sand Hill Road, Suite 280
Menlo Park, CA 94025
Item 2.
(a) Name of Person Filing
K.G. Redding & Associates, LLC
(b) Address of Principal Business Office or, if none, Residence
One North Wacker Drive, Suite 4343, Chicago, IL 60606-2841
(c) Citizenship
a Delaware Limited Liability Company
(d) Title of Class of Securities
common stock
(e) CUSIP Number
253868103
Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
/ / Not applicable
/ / (a) Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
/ / (b) Bank as defined in section 3(a)(6) of
the Act (15 U.S.C. 78c).
/ / (c) Insurance company as defined
in section 3(a)(19) of the Act (15 U.S.C. 78c).
/ / (d) Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8).
/X/ (e) An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
/ / (f) An employee benefit plan or endowment fund in
accordance with section240.13d-1(b)(1)(ii)(F);
/ / (g) A parent holding company or control person in
accordance with section 240.13d-1(b)(1)(ii)(G);
/ / (h) A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
/ / (i) A church plan that is excluded from the definition of
an investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3);
/ / (j) Group, in accordance with ss.240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 2,418,400
(b) Percent of class: 11.3%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 1,124,000.
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of
2,418,400.
(iv) Shared power to dispose or to direct the disposition of
0.
INSTRUCTION. For computations regarding securities which represent a right to
acquire an underlying security SEE section.240.13d3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following .
INSTRUCTION: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
All securities reported upon this Schedule are owned by investment advisory
clients of K. G. Redding & Associates, LLC, no one of which to the knowledge of
K. G. Redding & Associates, LLC owns 5% or more of the class.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule
13d-1(d), attach an exhibit stating the identification of the relevant
subsidiary.
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to ss.240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to ss.240.13d-1(c) or ss.240.13d-1(d), attach an exhibit stating the
identity of each member of the group.
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the date
of the dissolution and that all further filings with respect to transactions in
the security reported on will be filed, if required, by members of the group, in
their individual capacity. See Item 5.
Item 10. Certification
(a) The following certification shall be included if the statement
is filed pursuant to section.240.13d-1(b):
/X/ By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
(b) The following certification shall be included if the statement is
filed pursuant to section 240.13d-1(c):
/ / By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
/ / Not applicable
Date: February 8, 2005
Signature: Kim G. Redding
Name/Title: Chief Executive Officer