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

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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
Affiliated Managers Group Inc COM 008252108 9,167 44,664 SH   SOLE   44,664 0 0
American Electric Power Co Inc COM 025537101 14,556 197,851 SH   SOLE   197,851 0 0
American Tower Corp REIT 03027X100 63,244 443,292 SH   SOLE   443,292 0 0
Bank of America Corp COM 060505104 102,294 3,465,223 SH   SOLE   3,465,223 0 0
Bank of New York Mellon Corp/The COM 064058100 157,902 2,931,705 SH   SOLE   2,931,705 0 0
Berkshire Hathaway Inc COM 084670702 167,059 842,799 SH   SOLE   842,799 0 0
CME Group Inc/IL COM 12572Q105 60,302 412,888 SH   SOLE   412,888 0 0
Chevron Corp COM 166764100 137,684 1,099,797 SH   SOLE   1,099,797 0 0
Citigroup Inc COM 172967424 84,792 1,139,524 SH   SOLE   1,139,524 0 0
Dominion Resources Inc/VA COM 25746U109 16,895 208,429 SH   SOLE   208,429 0 0
Duke Energy Corp COM 26441C204 15,967 189,843 SH   SOLE   189,843 0 0
Exxon Mobil Corp COM 30231G102 15,800 188,899 SH   SOLE   188,899 0 0
First Republic Bank/CA COM 33616C100 33,354 384,965 SH   SOLE   384,965 0 0
IntercontinentalExchange Inc COM 45866F104 76,508 1,084,305 SH   SOLE   1,084,305 0 0
JPMorgan Chase & Co COM 46625H100 136,012 1,271,850 SH   SOLE   1,271,850 0 0
Kinder Morgan Inc/DE COM 49456B101 148,276 8,205,613 SH   SOLE   8,205,613 0 0
NextEra Energy Inc COM 65339F101 78,686 503,786 SH   SOLE   503,786 0 0
Northern Trust Corp COM 665859104 43,564 436,122 SH   SOLE   436,122 0 0
NorthWestern Corp COM 668074305 10,148 169,980 SH   SOLE   169,980 0 0
PPL Corp COM 69351T106 22,992 742,853 SH   SOLE   742,853 0 0
Prologis Inc REIT 74340W103 68,618 1,063,675 SH   SOLE   1,063,675 0 0
Royal Bank of Canada COM 780087102 104,230 1,276,552 SH   SOLE   1,276,552 0 0
Schlumberger Ltd COM 806857108 46,708 693,102 SH   SOLE   693,102 0 0
Simon Property Group Inc REIT 828806109 5,166 30,081 SH   SOLE   30,081 0 0
Southern Co/The COM 842587107 59,666 1,240,714 SH   SOLE   1,240,714 0 0
Suncor Energy Inc COM 867224107 60,672 1,652,298 SH   SOLE   1,652,298 0 0
Toronto-Dominion Bank/The COM 891160509 62,440 1,065,899 SH   SOLE   1,065,899 0 0
US Bancorp/MN COM 902973304 55,805 1,041,527 SH   SOLE   1,041,527 0 0
Wells Fargo & Co COM 949746101 143,858 2,371,156 SH   SOLE   2,371,156 0 0
Zions Bancorporation COM 989701107 149,634 2,943,807 SH   SOLE   2,943,807 0 0
Aon PLC COM G0408V102 25,743 192,109 SH   SOLE   192,109 0 0