The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AIR PRODS & CHEMS INC COM 009158106 9,324 71,626 SH   SOLE   71,626 0 0
ALLETE INC COM NEW 018522300 1,088 24,500 SH   SOLE   24,500 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 2,142 50,000 SH Put SOLE   50,000 0 0
ATLANTIC PWR CORP COM NEW 04878Q863 845 355,000 SH   SOLE   355,000 0 0
CLECO CORP NEW COM 12561W105 241 5,000 SH   SOLE   5,000 0 0
CMS ENERGY CORP COM 125896100 786 26,500 SH   SOLE   26,500 0 0
DOMINION RES INC VA NEW COM 25746U109 14,228 205,936 SH   SOLE   205,936 0 0
EXELON CORP COM 30161N101 5,117 150,100 SH   SOLE   150,100 0 0
FIRST SOLAR INC COM 336433107 511 7,771 SH   SOLE   7,771 0 0
ITC HLDGS CORP COM 465685105 556 15,600 SH   SOLE   15,600 0 0
KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 728 200,000 SH   SOLE   200,000 0 0
KIRBY CORP COM 497266106 5,460 46,327 SH   SOLE   46,327 0 0
NEXTERA ENERGY INC COM 65339F101 544 5,790 SH   SOLE   5,790 0 0
NISOURCE INC COM 65473P105 13,125 320,287 SH   SOLE   320,287 0 0
OGE ENERGY CORP COM 670837103 563 15,182 SH   SOLE   15,182 0 0
OTTER TAIL CORP COM 689648103 693 26,000 SH   SOLE   26,000 0 0
PINNACLE WEST CAP CORP COM 723484101 1,129 20,655 SH   SOLE   20,655 0 0
PNM RES INC COM 69349H107 598 24,000 SH   SOLE   24,000 0 0
QUESTAR CORP COM 748356102 390 17,500 SH   SOLE   17,500 0 0
SEMGROUP CORP CL A 81663A105 11,529 138,457 SH   SOLE   138,457 0 0
SEMPRA ENERGY COM 816851109 16,388 155,509 SH   SOLE   155,509 0 0
SJW CORP COM 784305104 390 14,500 SH   SOLE   14,500 0 0
SOUTHWEST GAS CORP COM 844895102 947 19,500 SH   SOLE   19,500 0 0
UNITED RENTALS INC COM 911363109 9,134 82,214 SH   SOLE   82,214 0 0
UNITED STATES STL CORP NEW COM 912909108 4,082 104,216 SH   SOLE   104,216 0 0
WESTLAKE CHEM CORP COM 960413102 6,172 71,276 SH   SOLE   71,276 0 0
WGL HLDGS INC COM 92924F106 863 20,500 SH   SOLE   20,500 0 0
XPO LOGISTICS INC COM 983793100 346 9,178 SH   SOLE   9,178 0 0