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 681 4,075 SH   SOLE   4,075 0 0
AK STL HLDG CORP COM 013872106 917 22,688 SH   SOLE   22,688 0 0
ALCOA CORP COM 032511107 1,123 16,656 SH   SOLE   16,656 0 0
ANADARKO PETE CORP COM 03349M105 1,100 7,167 SH   SOLE   7,167 0 0
Andeavor COM 03349M105 579 25,800 SH   SOLE   25,800 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 765 24,773 SH   SOLE   24,773 0 0
Archer Daniels Midland Co COM 039483102 484 9,612 SH   SOLE   9,612 0 0
Barrick Gold Corp COM 067901108 627 56,570 SH   SOLE   56,570 0 0
BHP Billiton Ltd SPONSORED ADR 088606108 1,085 21,770 SH   SOLE   21,770 0 0
BP PLC SPONSORED ADR 055622104 1,297 28,140 SH   SOLE   28,140 0 0
Bunge LTD COM G16962105 1,029 14,980 SH   SOLE   14,980 0 0
CANADIAN NATL RY CO COM 136375102 584 6,500 SH   SOLE   6,500 0 0
Caterpillar Ord Shs COM 149123101 779 5,110 SH   SOLE   5,110 0 0
CF INDS HLDGS INC COM 125269100 767 14,088 SH   SOLE   14,088 0 0
Cheniere Energy Inc COM NEW 16411R208 214 3,080 SH   SOLE   3,080 0 0
Chevron Corp New COM 166764100 975 7,975 SH   SOLE   7,975 0 0
CNX RESOURCES CORPORATION COM 12653C108 172 12,045 SH   SOLE   12,045 0 0
Deere & Co COM 244199105 1,077 7,165 SH   SOLE   7,165 0 0
Domtar Corp COM NEW 257559203 575 11,000 SH   SOLE   11,000 0 0
DowDuPont Inc COM 26078J100 1,364 21,215 SH   SOLE   21,215 0 0
Enbridge Inc COM 29250N105 763 23,620 SH   SOLE   23,620 0 0
ENI S P A SPONSORED ADR 26874R108 258 6,850 SH   SOLE   6,850 0 0
EOG RES INC COM 26875P101 761 5,965 SH   SOLE   5,965 0 0
Exxon Mobil Corp COM 30231G102 1,082 12,725 SH   SOLE   12,725 0 0
FREEPORT-MCMORAN INC CL B 35671D857 536 38,490 SH   SOLE   38,490 0 0
GOLDCORP INC NEW COM 380956409 644 63,145 SH   SOLE   63,145 0 0
GREEN PLAINS INC COM 393222104 243 14,125 SH   SOLE   14,125 0 0
Halliburton Co COM 406216101 395 9,750 SH   SOLE   9,750 0 0
INTL PAPER CO COM 460146103 709 14,431 SH   SOLE   14,431 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 631 5,567 SH   SOLE   5,567 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 874 8,525 SH   SOLE   8,525 0 0
Macquarie Infrastructure Cor COM 55608B105 228 4,935 SH   SOLE   4,935 0 0
Marathon Pete Corp COM 56585A102 803 10,045 SH   SOLE   10,045 0 0
MONDELEZ INTL INC CL A 609207105 534 12,434 SH   SOLE   12,434 0 0
Nabors Industries Ltd SHS 629568106 420 68,130 SH   SOLE   68,130 0 0
Newmont Mining Corp COM 651639106 375 12,405 SH   SOLE   12,405 0 0
Nucor Ord Shs COM 670346105 215 3,390 SH   SOLE   3,390 0 0
Nutrien Ord Shs COM 67077M108 942 16,312 SH   SOLE   16,312 0 0
Packaging Corp Amer COM 695156109 368 3,350 SH   SOLE   3,350 0 0
Pembina Pipeline Corp COM 706327103 356 10,480 SH   SOLE   10,480 0 0
Phillips 66 COM 718546104 212 1,880 SH   SOLE   1,880 0 0
PIONEER NAT RES CO COM 723787107 1,050 6,025 SH   SOLE   6,025 0 0
Rio Tinto PLC SPONSORED ADR 767204100 909 17,815 SH   SOLE   17,815 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,107 16,245 SH   SOLE   16,245 0 0
Schlumberger Ltd COM 806857108 896 14,709 SH   SOLE   14,709 0 0
Sherwin Williams Co COM 824348106 228 500 SH   SOLE   500 0 0
Southern Copper Corp COM 84265V105 328 7,595 SH   SOLE   7,595 0 0
Steel Dynamics Inc COM 858119100 362 8,020 SH   SOLE   8,020 0 0
Suncor Energy Inc New COM 867224107 1,586 40,955 SH   SOLE   40,955 0 0
Total S A SPONSORED ADR 89151E109 1,162 18,049 SH   SOLE   18,049 0 0
Transcanada Corp COM 89353D107 1,028 25,390 SH   SOLE   25,390 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 288 59,740 SH   SOLE   59,740 0 0
ULTRAPAR PARTICIPACOES S A SP ADR REP COM 90400P101 181 19,550 SH   SOLE   19,550 0 0
UNITED STATES STL CORP NEW COM 912909108 507 16,620 SH   SOLE   16,620 0 0
Vale S A ADR 91912E105 851 57,350 SH   SOLE   57,350 0 0
VALERO ENERGY CORP NEW COM 91913Y100 203 1,780 SH   SOLE   1,780 0 0
Vulcan MATLS Co COM 929160109 326 2,935 SH   SOLE   2,935 0 0
Weatherford Intl PLC ORD SHS 947074100 335 123,645 SH   SOLE   123,645 0 0
Westrock Co COM 96145D105 627 11,724 SH   SOLE   11,724 0 0
Weyerhaeuser Co COM 962166104 630 19,510 SH   SOLE   19,510 0 0
Williams Cos Inc Del COM 969457100 319 11,730 SH   SOLE   11,730 0 0
Zoetis Inc CL A 98978V103 544 5,939 SH   SOLE   5,939 0 0