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
AES CORP COM 00130H105 120 11,113 SH   SOLE   11,113 0 0
AES CORP COM 00130H105 1,480 136,617 SH   DFND 1 0 136,617 0
ALLIANT ENERGY CORP COM 018802108 7,325 171,900 SH   DFND 1 0 171,900 0
ALLIANT ENERGY CORP COM 018802108 682 16,016 SH   SOLE   16,016 0 0
AMEREN CORP COM 023608102 7,079 120,000 SH   DFND 1 0 120,000 0
AMEREN CORP COM 023608102 576 9,761 SH   SOLE   9,761 0 0
AMERICAN ELEC PWR INC COM 025537101 3,495 47,500 SH   DFND 1 0 47,500 0
AMERICAN ELEC PWR INC COM 025537101 195 2,644 SH   SOLE   2,644 0 0
ATMOS ENERGY CORP COM 049560105 5,007 58,300 SH   DFND 1 0 58,300 0
ATMOS ENERGY CORP COM 049560105 407 4,742 SH   SOLE   4,742 0 0
CENTERPOINT ENERGY INC COM 15189T107 6,806 240,000 SH   DFND 1 0 240,000 0
CENTERPOINT ENERGY INC COM 15189T107 554 19,522 SH   SOLE   19,522 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 228 7,701 SH   SOLE   7,701 0 0
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 2,806 94,678 SH   DFND 1 0 94,678 0
COMMERCIAL METALS CO COM 201723103 4,291 201,270 SH   DFND 1 0 201,270 0
COMMERCIAL METALS CO COM 201723103 349 16,371 SH   SOLE   16,371 0 0
CONSOLIDATED EDISON INC COM 209115104 6,371 75,000 SH   DFND 1 0 75,000 0
CONSOLIDATED EDISON INC COM 209115104 518 6,101 SH   SOLE   6,101 0 0
DRYSHIPS INC COM PAR NEW Y2109Q705 126 35,553 SH   DFND 1 0 35,553 0
DRYSHIPS INC COM PAR NEW Y2109Q705 10 2,892 SH   SOLE   2,892 0 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 13,959 1,249,655 SH   DFND 1 0 1,249,655 0
ENEL AMERICAS S A SPONSORED ADR 29274F104 1,096 98,087 SH   SOLE   98,087 0 0
ENTERGY CORP NEW COM 29364G103 10,141 124,600 SH   DFND 1 0 124,600 0
ENTERGY CORP NEW COM 29364G103 825 10,135 SH   SOLE   10,135 0 0
EXELON CORP COM 30161N101 11,232 285,000 SH   DFND 1 0 285,000 0
EXELON CORP COM 30161N101 914 23,183 SH   SOLE   23,183 0 0
GOLDEN OCEAN GROUP LTD SHS NEW G39637205 330 40,636 SH   DFND 1 0 40,636 0
GOLDEN OCEAN GROUP LTD SHS NEW G39637205 27 3,305 SH   SOLE   3,305 0 0
GREAT PLAINS ENERGY INC COM 391164100 1,014 31,463 SH   SOLE   31,463 0 0
GREAT PLAINS ENERGY INC COM 391164100 12,406 384,793 SH   DFND 1 0 384,793 0
NEW JERSEY RES COM 646025106 2,742 68,200 SH   DFND 1 0 68,200 0
NEW JERSEY RES COM 646025106 223 5,548 SH   SOLE   5,548 0 0
NEXTERA ENERGY INC COM 65339F101 1,952 12,500 SH   DFND 1 0 12,500 0
NEXTERA ENERGY INC COM 65339F101 159 1,017 SH   SOLE   1,017 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 341 138,717 SH   DFND 1 0 138,717 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 28 11,283 SH   SOLE   11,283 0 0
NRG ENERGY INC COM NEW 629377508 1,915 67,249 SH   DFND 1 0 67,249 0
NRG ENERGY INC COM NEW 629377508 248 8,724 SH   SOLE   8,724 0 0
NRG YIELD INC CL A NEW 62942X306 3,768 199,400 SH   DFND 1 0 199,400 0
NRG YIELD INC CL A NEW 62942X306 315 16,675 SH   SOLE   16,675 0 0
NRG YIELD INC CL C 62942X405 3,768 199,400 SH   DFND 1 0 199,400 0
NRG YIELD INC CL C 62942X405 315 16,675 SH   SOLE   16,675 0 0
OGE ENERGY CORP COM 670837103 499 15,172 SH   SOLE   15,172 0 0
OGE ENERGY CORP COM 670837103 6,138 186,518 SH   DFND 1 0 186,518 0
PEABODY ENERGY CORP NEW COM 704551100 2,035 51,688 SH   DFND 1 0 51,688 0
PEABODY ENERGY CORP NEW COM 704551100 166 4,204 SH   SOLE   4,204 0 0
PROSHARES TR ULTRAPRO SHORT S 74348A442 4,847 142,100 SH   SOLE   142,100 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 5,155 100,090 SH   DFND 1 0 100,090 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 457 8,866 SH   SOLE   8,866 0 0
SCANA CORP NEW COM 80589M102 796 20,000 SH   DFND 1 0 20,000 0
SCANA CORP NEW COM 80589M102 65 1,627 SH   SOLE   1,627 0 0
SOUTHERN CO COM 842587107 6,011 125,000 SH   DFND 1 0 125,000 0
SOUTHERN CO COM 842587107 215 4,474 SH   SOLE   4,474 0 0
TECHNIPFMC PLC COM G87110105 3,539 113,038 SH   DFND 1 0 113,038 0
TECHNIPFMC PLC COM G87110105 184 5,888 SH   SOLE   5,888 0 0
TECK RESOURCES LTD CL B 878742204 10,879 415,723 SH   DFND 1 0 415,723 0
TECK RESOURCES LTD CL B 878742204 886 33,872 SH   SOLE   33,872 0 0
TURQUOISE HILL RES LTD COM 900435108 71 20,557 SH   SOLE   20,557 0 0
TURQUOISE HILL RES LTD COM 900435108 976 284,443 SH   DFND 1 0 284,443 0