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
AMEREN CORPORATION COM 023608102 9,062 214,395 SH   SOLE   214,395 0 0
AMERICAN ELECTRIC POWER COM 025537101 18,439 324,296 SH   SOLE   324,296 0 0
ALLETE INC COM 018522300 2,019 39,997 SH   SOLE   39,997 0 0
ATMOS ENERGY CORP COM 049560105 10,963 188,436 SH   SOLE   188,436 0 0
AVISTA CORP COM 05379B107 1,696 50,995 SH   SOLE   50,995 0 0
AMERICAN WATER WORKS CO INC COM 030420103 58,375 1,059,820 SH   SOLE   1,059,820 0 0
AMERICAN STATES WATER CO COM 029899101 1,346 32,505 SH   SOLE   32,505 0 0
AMERICAN EXPRESS CO COM 025816109 44,592 601,535 SH   SOLE   601,535 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 631,255 16,124,011 SH   SOLE   16,124,011 0 0
CMS ENERGY CORP COM 125896100 8,506 240,839 SH   SOLE   240,839 0 0
CLECO CORPORATION COM 12561W105 2,644 49,664 SH   SOLE   49,664 0 0
CENTERPOINT ENERGY INC COM 15189T107 6,652 368,745 SH   SOLE   368,745 0 0
CALIFORNIA WATER SERVICE COM 130788102 928 41,935 SH   SOLE   41,935 0 0
DUKE ENERGY CORP COM 26441C204 18,263 253,865 SH   SOLE   253,865 0 0
EBAY INC COM 278642103 837,816 34,280,518 SH   SOLE   34,280,518 0 0
CONSOLIDATED EDISON INC COM 209115104 16,552 247,605 SH   SOLE   247,605 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 862 39,145 SH   SOLE   39,145 0 0
EL PASO ELECTRIC CO COM 283677854 1,305 35,436 SH   SOLE   35,436 0 0
GOOGLE INC CLASS A 38259P508 415,975 651,620 SH   SOLE   651,620 0 0
GOOGLE INC CLASS C 38259P706 287,733 472,919 SH   SOLE   472,919 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,512 129,960 SH   SOLE   129,960 0 0
IDACORP INC COM 451107106 2,706 41,819 SH   SOLE   41,819 0 0
ITC HOLDINGS CORP COM 465685105 50,932 1,527,669 SH   SOLE   1,527,669 0 0
THE LACLEDE GROUP INC COM 505597104 1,813 33,240 SH   SOLE   33,240 0 0
ALLIANT ENERGY CORP COM 018802108 7,134 121,965 SH   SOLE   121,965 0 0
LOWES COS INC COM 548661107 1,294,251 18,779,036 SH   SOLE   18,779,036 0 0
MASTERCARD INC CLASS A 57636Q104 623,109 6,914,219 SH   SOLE   6,914,219 0 0
MICROSOFT CORP COM 594918104 1,641,724 37,092,720 SH   SOLE   37,092,720 0 0
NISOURCE INC COM 65473P105 5,069 273,265 SH   SOLE   273,265 0 0
NORTHWESTERN CORP COM 668074305 2,042 37,925 SH   SOLE   37,925 0 0
NORTHWEST NATURAL GAS CO COM 667655104 1,144 24,944 SH   SOLE   24,944 0 0
ORACLE CORP COM 68389X105 682,289 18,889,499 SH   SOLE   18,889,499 0 0
P G AND E CORP COM 69331C108 18,356 347,656 SH   SOLE   347,656 0 0
PNM RESOURCES INC COM 69349H107 1,902 67,801 SH   SOLE   67,801 0 0
PINNACLE WEST CAPITAL COM 723484101 6,120 95,415 SH   SOLE   95,415 0 0
PIEDMONT NATURAL GAS CO COM 720186105 2,596 64,793 SH   SOLE   64,793 0 0
PORTLAND GENERAL ELECTRIC CO COM 736508847 2,673 72,312 SH   SOLE   72,312 0 0
SCANA CORP COM 80589M102 6,881 122,306 SH   SOLE   122,306 0 0
SJW CORP COM 784305104 465 15,126 SH   SOLE   15,126 0 0
THE SOUTHERN CO COM 842587107 36,889 825,260 SH   SOLE   825,260 0 0
SEMPRA ENERGY COM 816851109 48,019 496,472 SH   SOLE   496,472 0 0
QUESTAR CORP COM 748356102 2,901 149,445 SH   SOLE   149,445 0 0
STATE STREET CORP COM 857477103 574,048 8,541,104 SH   SOLE   8,541,104 0 0
SOUTHWEST GAS CORP COM 844895102 7,253 124,371 SH   SOLE   124,371 0 0
TECO ENERGY INC COM 872375100 5,283 201,164 SH   SOLE   201,164 0 0
TARGET CORP COM 87612E106 900,206 11,444,261 SH   SOLE   11,444,261 0 0
UIL HOLDINGS CORP COM 902748102 2,500 49,719 SH   SOLE   49,719 0 0
VISA INC CLASS A 92826C839 1,174,585 16,861,688 SH   SOLE   16,861,688 0 0
VECTREN CORPORATION COM 92240G101 2,782 66,234 SH   SOLE   66,234 0 0
WELLS FARGO AND CO COM 949746101 609,569 11,870,865 SH   SOLE   11,870,865 0 0
WESTAR ENERGY INC COM 95709T100 26,462 688,410 SH   SOLE   688,410 0 0
AQUA AMERICA INC COM 03836W103 4,091 154,557 SH   SOLE   154,557 0 0
XCEL ENERGY INC COM 98389B100 36,315 1,025,544 SH   SOLE   1,025,544 0 0
CROWN CASTLE INTL CORP COM 228227104 85,868 1,088,723 SH   SOLE   1,088,723 0 0
YUM BRANDS INC COM 988498101 1,046,909 13,094,551 SH   SOLE   13,094,551 0 0
AMERICAN TOWER CORP COM 03027X100 17,202 195,518 SH   SOLE   195,518 0 0
PPL CORPORATION COM 69351T106 18,088 549,942 SH   SOLE   549,942 0 0
HOME DEPOT INC COM 437076102 1,003,336 8,687,642 SH   SOLE   8,687,642 0 0
EDISON INTERNATIONAL COM 281020107 17,326 274,711 SH   SOLE   274,711 0 0
ONE GAS INC COM 68235P108 1,875 41,358 SH   SOLE   41,358 0 0
EVERSOURCE ENERGY COM 30040W108 46,533 919,264 SH   SOLE   919,264 0 0
INTEL CORP COM 458140100 983,948 32,645,922 SH   SOLE   32,645,922 0 0
INTL BUSINESS MACHINES CORP COM 459200101 1,004,724 6,930,563 SH   SOLE   6,930,563 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,068 36,081 SH   SOLE   36,081 0 0
QUALCOMM INC COM 747525103 462,548 8,608,753 SH   SOLE   8,608,753 0 0
WEC ENERGY GROUP INC COM 92939U106 55,068 1,054,529 SH   SOLE   1,054,529 0 0
PAYPAL HOLDINGS INC COM 70450Y103 1,021,578 32,911,656 SH   SOLE   32,911,656 0 0