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
3M CO COM 88579Y101 515 3,000 SH   SOLE   0 0 3,000
ABBOTT LABORATORIES COM 002824100 351 9,100 SH   SOLE   0 0 9,100
ABBVIE INC COM 00287Y109 433 7,000 SH   SOLE   0 0 7,000
ABBVIE INC COM 00287Y109 1,817 29,400 SH   SOLE   29,400 0 0
ACCENTURE PLC-CL A COM G1151C101 358 3,200 SH   SOLE   0 0 3,200
ADOBE SYSTEMS INC COM 00724F101 293 3,100 SH   SOLE   0 0 3,100
AETNA INC COM 00817Y108 545 4,500 SH   SOLE   0 0 4,500
AGRIUM INC COM 008916108 16,083 179,938 SH   SOLE   179,938 0 0
ALCOA INC COM 013817101 4,265 468,700 SH   SOLE   468,700 0 0
ALLERGAN PLC COM G0177J108 692 3,000 SH   SOLE   0 0 3,000
ALPHABET INC-CL A COM 02079K305 1,460 2,100 SH   SOLE   0 0 2,100
ALPHABET INC-CL C COM 02079K107 1,508 2,204 SH   SOLE   0 0 2,204
ALTRIA GROUP INC COM 02209S103 2,625 38,700 SH   SOLE   38,700 0 0
AMAZON.COM INC COM 023135106 1,431 2,000 SH   SOLE   0 0 2,000
AMERICAN ELECTRIC POWER COM 025537101 454 6,600 SH   SOLE   0 0 6,600
AMERICAN EXPRESS CO COM 025816109 364 6,100 SH   SOLE   0 0 6,100
AMERICAN INTERNATIONAL GROUP COM 026874784 412 8,000 SH   SOLE   0 0 8,000
AMERICAN TOWER CORP COM 03027X100 542 4,800 SH   SOLE   0 0 4,800
AMERISOURCEBERGEN CORP COM 03073E105 317 4,100 SH   SOLE   0 0 4,100
AMGEN INC COM 031162100 630 4,200 SH   SOLE   0 0 4,200
ANADARKO PETROLEUM CORP COM 032511107 367 6,900 SH   SOLE   0 0 6,900
ANADARKO PETROLEUM CORP COM 032511107 20,959 394,036 SH   SOLE   394,036 0 0
ANGLOGOLD ASHANTI-SPON ADR COM 035128206 17,648 985,900 SH   SOLE   985,900 0 0
ANTHEM INC COM 036752103 302 2,300 SH   SOLE   0 0 2,300
APPLE INC COM 037833100 2,681 28,400 SH   SOLE   0 0 28,400
ARCHER-DANIELS-MIDLAND CO COM 039483102 129 3,100 SH   SOLE   0 0 3,100
ARCHER-DANIELS-MIDLAND CO COM 039483102 17,796 427,999 SH   SOLE   427,999 0 0
AT&T INC COM 00206R102 1,991 46,800 SH   SOLE   0 0 46,800
AT&T INC COM 00206R102 4,020 94,500 SH   SOLE   94,500 0 0
AUTOMATIC DATA PROCESSING COM 053015103 205 2,300 SH   SOLE   0 0 2,300
AVALONBAY COMMUNITIES INC COM 053484101 748 4,200 SH   SOLE   0 0 4,200
BAKER HUGHES INC COM 057224107 262 5,800 SH   SOLE   0 0 5,800
BAKER HUGHES INC COM 057224107 6,696 148,445 SH   SOLE   148,445 0 0
BANCO BRADESCO-ADR COM 059460303 601 78,342 SH   SOLE   0 0 78,342
BANK OF AMERICA CORP COM 060505104 1,440 109,200 SH   SOLE   0 0 109,200
BANK OF MONTREAL COM 063671101 263 3,200 SH   SOLE   0 0 3,200
BANK OF NEW YORK MELLON CORP COM 064058100 300 7,900 SH   SOLE   0 0 7,900
BANK OF NOVA SCOTIA COM 064149107 394 6,100 SH   SOLE   0 0 6,100
BARRICK GOLD CORP COM 067901108 374 13,900 SH   SOLE   0 0 13,900
BARRICK GOLD CORP COM 067901108 25,551 1,230,200 SH   SOLE   1,230,200 0 0
BCE INC COM 05534B760 1,010 16,600 SH   SOLE   16,600 0 0
BECTON DICKINSON AND CO COM 075887109 185 1,100 SH   SOLE   0 0 1,100
BERKSHIRE HATHAWAY INC-CL B COM 084670702 1,734 12,200 SH   SOLE   0 0 12,200
BEST BUY CO INC COM 086516101 500 16,400 SH   SOLE   16,400 0 0
BHP BILLITON PLC-ADR COM 05545E209 43,825 1,796,112 SH   SOLE   1,796,112 0 0
BIOGEN INC COM 09062X103 478 2,000 SH   SOLE   0 0 2,000
BLACKROCK INC COM 09247X101 303 900 SH   SOLE   0 0 900
BOSTON PROPERTIES INC COM 101121101 316 2,400 SH   SOLE   0 0 2,400
BP PLC-SPONS ADR COM 055622104 25,363 729,038 SH   SOLE   729,038 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 686 9,400 SH   SOLE   0 0 9,400
BROADCOM LTD COM Y09827109 450 2,900 SH   SOLE   0 0 2,900
CABOT OIL & GAS CORP COM 127097103 11,963 471,157 SH   SOLE   471,157 0 0
CAN IMPERIAL BK OF COMMERCE COM 136069101 196 2,000 SH   SOLE   0 0 2,000
CAN IMPERIAL BK OF COMMERCE COM 136069101 616 6,300 SH   SOLE   6,300 0 0
CANADIAN NATL RAILWAY CO COM 136375102 342 4,500 SH   SOLE   0 0 4,500
CANADIAN NATURAL RESOURCES COM 136385101 218 5,500 SH   SOLE   0 0 5,500
CANADIAN NATURAL RESOURCES COM 136385101 12,094 395,730 SH   SOLE   395,730 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 502 8,100 SH   SOLE   0 0 8,100
CARDINAL HEALTH INC COM 14149Y108 185 2,400 SH   SOLE   0 0 2,400
CASEY'S GENERAL STORES INC COM 147528103 283 2,200 SH   SOLE   0 0 2,200
CATERPILLAR INC COM 149123101 505 6,800 SH   SOLE   0 0 6,800
CELGENE CORP COM 151020104 563 5,700 SH   SOLE   0 0 5,700
CF INDUSTRIES HOLDINGS INC COM 125269100 8,736 358,930 SH   SOLE   358,930 0 0
CHARTER COMMUNICATIONS INC-A COM 16119P108 178 782 SH   SOLE   0 0 782
CHEVRON CORP COM 166764100 993 9,600 SH   SOLE   0 0 9,600
CHEVRON CORP COM 166764100 25,320 244,830 SH   SOLE   244,830 0 0
CHEVRON CORP COM 166764100 3,527 34,100 SH   SOLE   34,100 0 0
CHINA PETROLEUM & CHEM-ADR COM 16941R108 5,195 72,890 SH   SOLE   72,890 0 0
CHUBB LTD COM H1467J104 307 2,400 SH   SOLE   0 0 2,400
CIMAREX ENERGY CO COM 171798101 4,748 40,200 SH   SOLE   40,200 0 0
CISCO SYSTEMS INC COM 17275R102 1,060 37,500 SH   SOLE   0 0 37,500
CISCO SYSTEMS INC COM 17275R102 2,391 84,600 SH   SOLE   84,600 0 0
CITIGROUP INC COM 172967424 628 14,900 SH   SOLE   0 0 14,900
CITIZENS FINANCIAL GROUP COM 174610105 673 34,500 SH   SOLE   0 0 34,500
CNOOC LTD-SPON ADR COM 126132109 5,644 45,852 SH   SOLE   45,852 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 1,527 1,114,312 SH   SOLE   1,114,312 0 0
COCA-COLA CO/THE COM 191216100 1,991 44,800 SH   SOLE   0 0 44,800
COGNIZANT TECH SOLUTIONS-A COM 192446102 423 7,408 SH   SOLE   0 0 7,408
COLGATE-PALMOLIVE CO COM 194162103 575 8,000 SH   SOLE   0 0 8,000
COMCAST CORP-CLASS A COM 20030N101 818 12,800 SH   SOLE   0 0 12,800
CONCHO RESOURCES INC COM 20605P101 374 3,100 SH   SOLE   0 0 3,100
CONCHO RESOURCES INC COM 20605P101 16,243 134,800 SH   SOLE   134,800 0 0
CONOCOPHILLIPS COM 20825C104 275 6,268 SH   SOLE   0 0 6,268
CONOCOPHILLIPS COM 20825C104 6,060 138,000 SH   SOLE   138,000 0 0
CONSOLIDATED EDISON INC COM 209115104 451 5,700 SH   SOLE   0 0 5,700
COSTCO WHOLESALE CORP COM 22160K105 550 3,500 SH   SOLE   0 0 3,500
CVS HEALTH CORP COM 126650100 812 8,600 SH   SOLE   0 0 8,600
DANAHER CORP COM 235851102 320 3,200 SH   SOLE   0 0 3,200
DARDEN RESTAURANTS INC COM 237194105 778 11,800 SH   SOLE   11,800 0 0
DELTA AIR LINES INC COM 247361702 373 10,300 SH   SOLE   0 0 10,300
DEVON ENERGY CORP COM 25179M103 341 9,300 SH   SOLE   0 0 9,300
DIAMONDBACK ENERGY INC COM 25278X109 291 3,200 SH   SOLE   0 0 3,200
DIAMONDBACK ENERGY INC COM 25278X109 5,175 57,000 SH   SOLE   57,000 0 0
DOLLAR GENERAL CORP COM 256677105 281 3,000 SH   SOLE   0 0 3,000
DOMINION RESOURCES INC/VA COM 25746U109 604 7,900 SH   SOLE   0 0 7,900
DOW CHEMICAL CO/THE COM 260543103 346 7,000 SH   SOLE   0 0 7,000
DOW CHEMICAL CO/THE COM 260543103 16,864 341,368 SH   SOLE   341,368 0 0
DOW CHEMICAL CO/THE COM 260543103 1,309 26,500 SH   SOLE   26,500 0 0
DRIL-QUIP INC COM 262037104 6,740 117,649 SH   SOLE   117,649 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 345 5,400 SH   SOLE   0 0 5,400
DUKE ENERGY CORP COM 26441C204 707 8,400 SH   SOLE   0 0 8,400
ECOLAB INC COM 278865100 269 2,300 SH   SOLE   0 0 2,300
EDISON INTERNATIONAL COM 281020107 205 2,700 SH   SOLE   0 0 2,700
ELDORADO GOLD CORP COM 284902103 8,440 1,875,583 SH   SOLE   1,875,583 0 0
ELI LILLY & CO COM 532457108 766 9,800 SH   SOLE   0 0 9,800
EMC CORP/MA COM 268648102 274 10,100 SH   SOLE   0 0 10,100
ENBRIDGE INC COM 29250N105 246 4,500 SH   SOLE   0 0 4,500
ENTERGY CORP COM 29364G103 678 8,600 SH   SOLE   8,600 0 0
EOG RESOURCES INC COM 26875P101 417 5,000 SH   SOLE   0 0 5,000
EOG RESOURCES INC COM 26875P101 8,661 103,800 SH   SOLE   103,800 0 0
EQT CORP COM 26884L109 13,027 169,264 SH   SOLE   169,264 0 0
EQUITY RESIDENTIAL COM 29476L107 435 6,400 SH   SOLE   0 0 6,400
EXELON CORP COM 30161N101 313 8,900 SH   SOLE   0 0 8,900
EXPRESS SCRIPTS HOLDING CO COM 30219G108 469 6,200 SH   SOLE   0 0 6,200
EXXON MOBIL CORP COM 30231G102 2,364 25,572 SH   SOLE   0 0 25,572
EXXON MOBIL CORP COM 30231G102 36,366 393,321 SH   SOLE   393,321 0 0
EXXON MOBIL CORP COM 30231G102 5,538 59,900 SH   SOLE   59,900 0 0
FACEBOOK INC-A COM 30303M102 2,397 21,000 SH   SOLE   0 0 21,000
FEDEX CORP COM 31428X106 481 3,200 SH   SOLE   0 0 3,200
FIRST DATA CORP- CLASS A COM 32008D106 585 52,500 SH   SOLE   0 0 52,500
FMC TECHNOLOGIES INC COM 30249U101 5,711 220,832 SH   SOLE   220,832 0 0
FNF GROUP COM 31620R303 887 24,200 SH   SOLE   0 0 24,200
FORD MOTOR CO COM 345370860 240 19,100 SH   SOLE   0 0 19,100
FREEPORT-MCMORAN INC COM 35671D857 17,667 1,640,347 SH   SOLE   1,640,347 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 0 1 SH   SOLE   0 0 1
GENERAL ELECTRIC CO COM 369604103 1,424 46,600 SH   SOLE   0 0 46,600
GENERAL MILLS INC COM 370334104 210 3,100 SH   SOLE   0 0 3,100
GENERAL MOTORS CO COM 37045V100 304 10,800 SH   SOLE   0 0 10,800
GENERAL MOTORS CO COM 37045V100 1,034 36,700 SH   SOLE   36,700 0 0
GILEAD SCIENCES INC COM 375558103 724 8,800 SH   SOLE   0 0 8,800
GOLDCORP INC COM 380956409 17,004 904,963 SH   SOLE   904,963 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 597 4,100 SH   SOLE   0 0 4,100
GULFPORT ENERGY CORP COM 402635304 7,663 243,100 SH   SOLE   243,100 0 0
HALLIBURTON CO COM 406216101 379 8,500 SH   SOLE   0 0 8,500
HALLIBURTON CO COM 406216101 21,533 482,900 SH   SOLE   482,900 0 0
HANESBRANDS INC COM 410345102 229 8,700 SH   SOLE   0 0 8,700
HCA HOLDINGS INC COM 40412C101 416 5,400 SH   SOLE   0 0 5,400
HELMERICH & PAYNE COM 423452101 146 2,200 SH   SOLE   2,200 0 0
HESS CORP COM 42809H107 6,971 120,670 SH   SOLE   120,670 0 0
HOLLYFRONTIER CORP COM 436106108 3,433 143,300 SH   SOLE   143,300 0 0
HOME DEPOT INC COM 437076102 1,656 13,000 SH   SOLE   0 0 13,000
INTEL CORP COM 458140100 840 26,300 SH   SOLE   0 0 26,300
INTEL CORP COM 458140100 2,647 82,900 SH   SOLE   82,900 0 0
INTERNATIONAL PAPER CO COM 460146103 25,254 613,419 SH   SOLE   613,419 0 0
INTL BUSINESS MACHINES CORP COM 459200101 802 5,400 SH   SOLE   0 0 5,400
INTL BUSINESS MACHINES CORP COM 459200101 1,440 9,700 SH   SOLE   9,700 0 0
ISRAEL CHEMICALS LTD COM M5920A109 2,807 714,283 SH   SOLE   714,283 0 0
JOHNSON & JOHNSON COM 478160104 1,647 13,800 SH   SOLE   0 0 13,800
JPMORGAN CHASE & CO COM 46625H100 1,331 21,749 SH   SOLE   0 0 21,749
KIMBERLY-CLARK CORP COM 494368103 364 2,700 SH   SOLE   0 0 2,700
KINDER MORGAN INC COM 49456B101 182 9,800 SH   SOLE   0 0 9,800
KINDER MORGAN INC COM 49456B101 4,045 218,300 SH   SOLE   218,300 0 0
KLA-TENCOR CORP COM 482480100 793 11,000 SH   SOLE   11,000 0 0
KRAFT HEINZ CO/THE COM 500754106 258 3,000 SH   SOLE   0 0 3,000
KROGER CO COM 501044101 747 20,500 SH   SOLE   0 0 20,500
L BRANDS INC COM 501797104 282 4,200 SH   SOLE   0 0 4,200
LIBERTY INTERACTIVE CORP Q-A COM 53071M104 478 19,100 SH   SOLE   0 0 19,100
LOWE'S COS INC COM 548661107 373 4,800 SH   SOLE   0 0 4,800
LYONDELLBASELL INDU-CL A COM N53745100 252 3,400 SH   SOLE   0 0 3,400
MANULIFE FINANCIAL CORP COM 56501R106 174 10,000 SH   SOLE   0 0 10,000
MARATHON PETROLEUM CORP COM 56585A102 272 7,300 SH   SOLE   7,300 0 0
MARTIN MARIETTA MATERIALS COM 573284106 9,559 51,611 SH   SOLE   51,611 0 0
MASTERCARD INC-CLASS A COM 57636Q104 516 5,600 SH   SOLE   0 0 5,600
MATADOR RESOURCES CO COM 576485205 4,437 209,600 SH   SOLE   209,600 0 0
MAXIM INTEGRATED PRODUCTS COM 57772K101 196 5,600 SH   SOLE   5,600 0 0
MCDONALD'S CORP COM 580135101 597 5,000 SH   SOLE   0 0 5,000
MCDONALD'S CORP COM 580135101 2,115 17,700 SH   SOLE   17,700 0 0
MCKESSON CORP COM 58155Q103 293 1,600 SH   SOLE   0 0 1,600
MEDTRONIC PLC COM G5960L103 812 9,500 SH   SOLE   0 0 9,500
MERCK & CO. INC. COM 58933Y105 1,033 18,100 SH   SOLE   0 0 18,100
MERCK & CO. INC. COM 58933Y105 1,820 31,900 SH   SOLE   31,900 0 0
METLIFE INC COM 59156R108 281 7,160 SH   SOLE   0 0 7,160
MICROSOFT CORP COM 594918104 3,027 59,900 SH   SOLE   0 0 59,900
MICROSOFT CORP COM 594918104 293 5,800 SH   SOLE   5,800 0 0
MOHAWK INDUSTRIES INC COM 608190104 904 4,800 SH   SOLE   0 0 4,800
MONDELEZ INTERNATIONAL INC-A COM 609207105 533 12,400 SH   SOLE   0 0 12,400
MONSANTO CO COM 61166W101 300 2,900 SH   SOLE   0 0 2,900
MONSANTO CO COM 61166W101 27,278 263,500 SH   SOLE   263,500 0 0
MORGAN STANLEY COM 617446448 505 20,000 SH   SOLE   0 0 20,000
MOSAIC CO/THE COM 61945C103 21,301 831,429 SH   SOLE   831,429 0 0
NETFLIX INC COM 64110L106 191 2,100 SH   SOLE   0 0 2,100
NEWMONT MINING CORP COM 651639106 6,528 173,200 SH   SOLE   173,200 0 0
NEXTERA ENERGY INC COM 65339F101 690 5,400 SH   SOLE   0 0 5,400
NIKE INC -CL B COM 654106103 871 15,800 SH   SOLE   0 0 15,800
NOBLE ENERGY INC COM 655044105 16,841 463,800 SH   SOLE   463,800 0 0
NUCOR CORP COM 670346105 19,219 401,062 SH   SOLE   401,062 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 300 4,000 SH   SOLE   0 0 4,000
OCCIDENTAL PETROLEUM CORP COM 674599105 17,729 236,100 SH   SOLE   236,100 0 0
OCEANEERING INTL INC COM 675232102 5,817 197,057 SH   SOLE   197,057 0 0
OIL STATES INTERNATIONAL INC COM 678026105 4,049 127,200 SH   SOLE   127,200 0 0
ORACLE CORP COM 68389X105 669 16,500 SH   SOLE   0 0 16,500
P G & E CORP COM 69331C108 426 6,800 SH   SOLE   0 0 6,800
PACKAGING CORP OF AMERICA COM 695156109 731 11,100 SH   SOLE   11,100 0 0
PARSLEY ENERGY INC-CLASS A COM 701877102 303 11,500 SH   SOLE   0 0 11,500
PAYCHEX INC COM 704326107 909 16,200 SH   SOLE   16,200 0 0
PAYPAL HOLDINGS INC COM 70450Y103 497 13,900 SH   SOLE   0 0 13,900
PEPSICO INC COM 713448108 1,021 9,900 SH   SOLE   0 0 9,900
PETROCHINA CO LTD -ADR COM 71646E100 5,460 81,033 SH   SOLE   81,033 0 0
PETROLEO BRASILEIRO-SPON ADR COM 71654V408 5,182 721,700 SH   SOLE   721,700 0 0
PFIZER INC COM 717081103 1,339 38,241 SH   SOLE   0 0 38,241
PFIZER INC COM 717081103 147 4,200 SH   SOLE   4,200 0 0
PHILIP MORRIS INTERNATIONAL COM 718172109 483 4,900 SH   SOLE   4,900 0 0
PHILLIPS 66 COM 718546104 542 6,800 SH   SOLE   0 0 6,800
PHILLIPS 66 COM 718546104 3,873 48,600 SH   SOLE   48,600 0 0
PIONEER NATURAL RESOURCES CO COM 723787107 243 1,600 SH   SOLE   0 0 1,600
PIONEER NATURAL RESOURCES CO COM 723787107 16,816 110,900 SH   SOLE   110,900 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 313 3,900 SH   SOLE   0 0 3,900
POTASH CORP OF SASKATCHEWAN COM 73755L107 13,304 829,396 SH   SOLE   829,396 0 0
PPG INDUSTRIES INC COM 693506107 143 1,400 SH   SOLE   0 0 1,400
PPL CORP COM 69351T106 363 9,800 SH   SOLE   0 0 9,800
PRAXAIR INC COM 74005P104 243 2,200 SH   SOLE   0 0 2,200
PRICELINE GROUP INC/THE COM 741503403 372 300 SH   SOLE   0 0 300
PROCTER & GAMBLE CO/THE COM 742718109 1,593 18,988 SH   SOLE   0 0 18,988
PUBLIC SERVICE ENTERPRISE GP COM 744573106 249 5,500 SH   SOLE   0 0 5,500
PUBLIC STORAGE COM 74460D109 381 1,500 SH   SOLE   0 0 1,500
QUALCOMM INC COM 747525103 439 8,200 SH   SOLE   0 0 8,200
QUALCOMM INC COM 747525103 412 7,700 SH   SOLE   7,700 0 0
RANDGOLD RESOURCES LTD-ADR COM 752344309 7,304 67,843 SH   SOLE   67,843 0 0
REGENERON PHARMACEUTICALS COM 75886F107 348 1,000 SH   SOLE   0 0 1,000
REYNOLDS AMERICAN INC COM 761713106 487 9,200 SH   SOLE   9,200 0 0
RICE ENERGY INC COM 762760106 2,788 123,900 SH   SOLE   123,900 0 0
RIO TINTO PLC-SPON ADR COM 767204100 28,176 940,764 SH   SOLE   940,764 0 0
ROBERT HALF INTL INC COM 770323103 289 7,900 SH   SOLE   0 0 7,900
ROWAN COMPANIES PLC-A COM G7665A101 5,221 293,000 SH   SOLE   293,000 0 0
ROYAL BANK OF CANADA COM 780087102 661 8,600 SH   SOLE   0 0 8,600
ROYAL DUTCH SHELL-SPON ADR-A COM 780259206 38,866 716,550 SH   SOLE   716,550 0 0
SALESFORCE.COM INC COM 79466L302 300 3,800 SH   SOLE   0 0 3,800
SCHLUMBERGER LTD COM 806857108 693 8,900 SH   SOLE   0 0 8,900
SCHLUMBERGER LTD COM 806857108 26,514 340,671 SH   SOLE   340,671 0 0
SEMPRA ENERGY COM 816851109 267 2,400 SH   SOLE   0 0 2,400
SHERWIN-WILLIAMS CO/THE COM 824348106 116 400 SH   SOLE   0 0 400
SIMON PROPERTY GROUP INC COM 828806109 344 1,600 SH   SOLE   0 0 1,600
SM ENERGY CO COM 78454L100 4,803 172,907 SH   SOLE   172,907 0 0
SNAP-ON INC COM 833034101 493 3,200 SH   SOLE   0 0 3,200
SOUTHERN CO/THE COM 842587107 214 4,100 SH   SOLE   0 0 4,100
SOUTHERN COPPER CORP COM 84265V105 7,615 288,770 SH   SOLE   288,770 0 0
SPDR S&P 500 ETF TRUST COM 78462F103 2,625 12,700 SH   SOLE   0 0 12,700
SPECTRA ENERGY CORP COM 847560109 1,068 29,800 SH   SOLE   29,800 0 0
STARBUCKS CORP COM 855244109 488 8,600 SH   SOLE   0 0 8,600
STEEL DYNAMICS INC COM 858119100 8,378 354,700 SH   SOLE   354,700 0 0
STRYKER CORP COM 863667101 202 1,700 SH   SOLE   0 0 1,700
SUNCOR ENERGY INC COM 867224107 647 18,200 SH   SOLE   0 0 18,200
SUPERIOR ENERGY SERVICES INC COM 868157108 12,753 710,092 SH   SOLE   710,092 0 0
SYMANTEC CORP COM 871503108 169 8,300 SH   SOLE   8,300 0 0
SYNERGY RESOURCES CORP COM 87164P103 4,658 676,100 SH   SOLE   676,100 0 0
SYNGENTA AG-ADR COM 87160A100 17,391 225,123 SH   SOLE   225,123 0 0
TAHOE RESOURCES INC COM 873868103 13,456 906,750 SH   SOLE   906,750 0 0
TARGET CORP COM 87612E106 224 3,200 SH   SOLE   0 0 3,200
TECK RESOURCES LTD-CLS B COM 878742204 5,674 452,151 SH   SOLE   452,151 0 0
TELUS CORP COM 87971M103 997 23,800 SH   SOLE   23,800 0 0
TEXAS INSTRUMENTS INC COM 882508104 331 5,400 SH   SOLE   0 0 5,400
THERMO FISHER SCIENTIFIC INC COM 883556102 319 2,200 SH   SOLE   0 0 2,200
TIME WARNER INC COM 887317303 431 6,011 SH   SOLE   0 0 6,011
TJX COMPANIES INC COM 872540109 397 5,200 SH   SOLE   0 0 5,200
TORONTO-DOMINION BANK COM 891160509 611 11,000 SH   SOLE   0 0 11,000
TOTAL SA-SPON ADR COM 89151E109 31,452 659,512 SH   SOLE   659,512 0 0
TWENTY-FIRST CENTURY FOX-A COM 90130A101 235 8,700 SH   SOLE   0 0 8,700
UNION PACIFIC CORP COM 907818108 371 4,300 SH   SOLE   0 0 4,300
UNITED PARCEL SERVICE-CL B COM 911312106 372 3,500 SH   SOLE   0 0 3,500
UNITEDHEALTH GROUP INC COM 91324P102 689 4,900 SH   SOLE   0 0 4,900
US BANCORP COM 902973304 563 14,200 SH   SOLE   0 0 14,200
VALERO ENERGY CORP COM 91913Y100 410 7,900 SH   SOLE   0 0 7,900
VALERO ENERGY CORP COM 91913Y100 5,763 111,000 SH   SOLE   111,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,459 26,500 SH   SOLE   0 0 26,500
VISA INC-CLASS A SHARES COM 92826C839 959 12,500 SH   SOLE   0 0 12,500
WALGREENS BOOTS ALLIANCE INC COM 931427108 649 7,800 SH   SOLE   0 0 7,800
WAL-MART STORES INC COM 931142103 851 11,749 SH   SOLE   0 0 11,749
WALT DISNEY CO/THE COM 254687106 902 9,300 SH   SOLE   0 0 9,300
WEATHERFORD INTERNATIONAL PL COM H27013103 4,188 761,500 SH   SOLE   761,500 0 0
WELLS FARGO & CO COM 949746101 1,433 30,500 SH   SOLE   0 0 30,500
WELLTOWER INC COM 95040Q104 136 1,800 SH   SOLE   0 0 1,800
WEYERHAEUSER CO COM 962166104 19,722 674,707 SH   SOLE   674,707 0 0
XCEL ENERGY INC COM 98389B100 346 7,900 SH   SOLE   0 0 7,900
ZIMMER BIOMET HOLDINGS INC COM 98956P102 286 2,400 SH   SOLE   0 0 2,400