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
ABBVIE INC COM 00287Y109 2,980 50,300 SH   SOLE   50,300 0 0
AETNA INC NEW COM 00817Y108 6,271 58,000 SH   SOLE   58,000 0 0
AGL RES INC COM 001204106 52,116 816,730 SH   SOLE   816,730 0 0
ALASKA AIR GROUP INC COM 011659109 2,794 34,700 SH   SOLE   34,700 0 0
ALBEMARLE CORP COM 012653101 2,168 38,700 SH   SOLE   38,700 0 0
ALLIANT ENERGY CORP COM 018802108 4,553 72,904 SH   SOLE   72,904 0 0
ALLY FINL INC COM 02005N100 932 50,000 SH   SOLE   50,000 0 0
ALPHABET INC CAP STK CL C 02079K107 202 266 SH   SOLE   266 0 0
ALTRIA GROUP INC COM 02209S103 3,056 52,500 SH   SOLE   52,500 0 0
AMEDISYS INC COM 023436108 7,667 195,000 SH   SOLE   195,000 0 0
AMEREN CORP COM 023608102 7,284 168,490 SH   SOLE   168,490 0 0
AMERICAN WOODMARK CORP COM 030506109 9,974 124,700 SH   SOLE   124,700 0 0
AMTRUST FINL SVCS INC COM 032359309 38,210 620,500 SH   SOLE   620,500 0 0
APPLE INC COM 037833100 2,330 22,131 SH   SOLE   22,131 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 4,997 74,100 SH   SOLE   74,100 0 0
ASSOCIATED BANC CORP COM 045487105 3,094 165,000 SH   SOLE   165,000 0 0
ASTORIA FINL CORP COM 046265104 7,846 495,000 SH   SOLE   495,000 0 0
AT&T INC COM 00206R102 3,107 90,300 SH   SOLE   90,300 0 0
ATLAS AIR WORLDWIDE HLDGS INC COM NEW 049164205 5,188 125,500 SH   SOLE   125,500 0 0
ATMOS ENERGY CORP COM 049560105 85,280 1,352,788 SH   SOLE   1,352,788 0 0
AUTONATION INC COM 05329W102 32,765 549,200 SH   SOLE   549,200 0 0
AUTOZONE INC COM 053332102 2,819 3,800 SH   SOLE   3,800 0 0
AVANGRID INC COM 05351W103 6,696 174,368 SH   SOLE   174,368 0 0
AVERY DENNISON CORP COM 053611109 33,185 529,600 SH   SOLE   529,600 0 0
AVISTA CORP COM 05379B107 3,465 97,972 SH   SOLE   97,972 0 0
BALL CORP COM 058498106 5,818 80,000 SH   SOLE   80,000 0 0
BANK AMER CORP COM 060505104 4,696 279,000 SH   SOLE   279,000 0 0
BANK N S HALIFAX COM 064149107 2,143 53,000 SH   SOLE   53,000 0 0
BANKUNITED INC COM 06652K103 9,556 265,000 SH   SOLE   265,000 0 0
BANNER CORP COM NEW 06652V208 8,599 187,500 SH   SOLE   187,500 0 0
BARD C R INC COM 067383109 2,406 12,700 SH   SOLE   12,700 0 0
BAXALTA INC COM 07177M103 1,417 36,300 SH   SOLE   36,300 0 0
BAXTER INTL INC COM 071813109 1,682 44,100 SH   SOLE   44,100 0 0
BB&T CORP COM 054937107 4,159 110,000 SH   SOLE   110,000 0 0
BCE INC COM NEW 05534B760 2,449 63,400 SH   SOLE   63,400 0 0
BED BATH & BEYOND INC COM 075896100 1,472 30,500 SH   SOLE   30,500 0 0
BENEFICIAL BANCORP INC COM 08171T102 2,198 165,000 SH   SOLE   165,000 0 0
BERKSHIRE HATHAWAY INC CL A 084670108 6,330 32 SH   SOLE   32 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,377 18,000 SH   SOLE   18,000 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 3,057 105,000 SH   SOLE   105,000 0 0
BLACK HILLS CORP COM 092113109 3,805 81,959 SH   SOLE   81,959 0 0
BLOCK H & R INC COM 093671105 2,288 68,700 SH   SOLE   68,700 0 0
BOEING CO COM 097023105 2,472 17,100 SH   SOLE   17,100 0 0
BOYD GAMING CORP COM 103304101 33,870 1,704,600 SH   SOLE   1,704,600 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 6,440 560,000 SH   SOLE   560,000 0 0
CAMPBELL SOUP CO COM 134429109 2,507 47,700 SH   SOLE   47,700 0 0
CAPITAL BK FINL CORP COM 139794101 4,941 154,500 SH   SOLE   154,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 4,547 63,000 SH   SOLE   63,000 0 0
CARMAX INC COM 143130102 4,577 84,800 SH   SOLE   84,800 0 0
CASEYS GEN STORES INC COM 147528103 38,339 318,300 SH   SOLE   318,300 0 0
CATERPILLAR INC DEL COM 149123101 8,991 132,300 SH   SOLE   132,300 0 0
CDW CORP COM 12514G108 39,152 931,300 SH   SOLE   931,300 0 0
CENOVUS ENERGY INC COM 15135U109 1,720 136,300 SH   SOLE   136,300 0 0
CENTERPOINT ENERGY INC COM 15189T107 14,619 796,226 SH   SOLE   796,226 0 0
CENTURYLINK INC COM 156700106 1,769 70,300 SH   SOLE   70,300 0 0
CHENIERE ENERGY INC COM NEW 16411R208 58,152 1,561,117 SH   SOLE   1,561,117 0 0
CHESAPEAKE UTILS CORP COM 165303108 5,880 103,608 SH   SOLE   103,608 0 0
CHEVRON CORP NEW COM 166764100 7,593 84,400 SH   SOLE   84,400 0 0
CIENA CORP COM NEW 171779309 29,465 1,424,100 SH   SOLE   1,424,100 0 0
CISCO SYS INC COM 17275R102 1,186 43,690 SH   SOLE   43,690 0 0
CITIGROUP INC COM NEW 172967424 4,554 88,000 SH   SOLE   88,000 0 0
CITIZENS FINL GROUP INC COM 174610105 4,452 170,000 SH   SOLE   170,000 0 0
CLIFTON BANCORP INC COM 186873105 9,321 650,000 SH   SOLE   650,000 0 0
CMS ENERGY CORP COM 125896100 24,287 673,148 SH   SOLE   673,148 0 0
COACH INC COM 189754104 2,033 62,100 SH   SOLE   62,100 0 0
COCA COLA CO COM 191216100 4,068 94,700 SH   SOLE   94,700 0 0
COCA COLA ENTERPRISES INC NEW COM 19122T109 2,541 51,600 SH   SOLE   51,600 0 0
COLUMBIA PIPELINE GROUP INC COM 198280109 50,512 2,525,582 SH   SOLE   2,525,582 0 0
CONOCOPHILLIPS COM 20825C104 1,919 41,100 SH   SOLE   41,100 0 0
CONSOLIDATED EDISON INC COM 209115104 24,602 382,786 SH   SOLE   382,786 0 0
CORE MARK HOLDING CO INC COM 218681104 6,764 82,544 SH   SOLE   82,544 0 0
CORNING NAT GAS HLDG CORP COM 219387107 348 21,567 SH   SOLE   21,567 0 0
COVENANT TRANS INC - CL A CL A 22284P105 3,427 181,400 SH   SOLE   181,400 0 0
CRACKER BARREL OLD CTRY STORE COM 22410J106 4,896 38,600 SH   SOLE   38,600 0 0
CULLEN FROST BANKERS INC COM 229899109 2,700 45,000 SH   SOLE   45,000 0 0
CUSTOMERS BANCORP INC COM 23204G100 3,947 145,000 SH   SOLE   145,000 0 0
CVS HEALTH CORP COM 126650100 5,456 55,800 SH   SOLE   55,800 0 0
DEERE & CO COM 244199105 1,960 25,700 SH   SOLE   25,700 0 0
DELTA NAT GAS INC COM 247748106 1,235 58,860 SH   SOLE   58,860 0 0
DISCOVER FINL SVCS COM 254709108 3,110 58,000 SH   SOLE   58,000 0 0
DOMINION RES INC VA NEW COM 25746U109 67,467 997,446 SH   SOLE   997,446 0 0
DOVER CORP COM 260003108 1,956 31,900 SH   SOLE   31,900 0 0
DOW CHEM CO COM 260543103 2,976 57,800 SH   SOLE   57,800 0 0
DTE ENERGY CO COM 233331107 21,808 271,954 SH   SOLE   271,954 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 330 4,950 SH   SOLE   4,950 0 0
DUKE ENERGY CORP NEW COM 26441C204 8,876 124,337 SH   SOLE   124,337 0 0
DYCOM INDS INC COM 267475101 30,356 433,900 SH   SOLE   433,900 0 0
EMERSON ELEC CO COM 291011104 2,325 48,600 SH   SOLE   48,600 0 0
EMPIRE DIST ELEC CO COM 291641108 528 18,825 SH   SOLE   18,825 0 0
ENBRIDGE INC COM 29250N105 52,799 1,590,821 SH   SOLE   1,590,821 0 0
ENTERGY CORP NEW COM 29364G103 711 10,400 SH   SOLE   10,400 0 0
EPLUS INC COM 294268107 6,603 70,800 SH   SOLE   70,800 0 0
EQT CORP COM 26884L109 14,895 285,732 SH   SOLE   285,732 0 0
ERIE INDTY CO CL A 29530P102 6,029 63,040 SH   SOLE   63,040 0 0
EVERSOURCE ENERGY COM 30040W108 13,277 259,975 SH   SOLE   259,975 0 0
EXELON CORP COM 30161N101 10,862 391,131 SH   SOLE   391,131 0 0
EXPEDITORS INTL WASH INC COM 302130109 30,889 684,900 SH   SOLE   684,900 0 0
EXPRESS INC COM 30219E103 30,910 1,788,800 SH   SOLE   1,788,800 0 0
EXXON MOBIL CORP COM 30231G102 9,518 122,100 SH   SOLE   122,100 0 0
F M C CORP COM NEW 302491303 1,514 38,700 SH   SOLE   38,700 0 0
FIFTH THIRD BANCORP COM 316773100 4,724 235,000 SH   SOLE   235,000 0 0
1ST SOURCE CORP COM 336901103 1,852 60,000 SH   SOLE   60,000 0 0
FIRST CONN BANCORP INC MD COM 319850103 2,960 170,000 SH   SOLE   170,000 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 2,170 200,000 SH   SOLE   200,000 0 0
FIRST REP BK SAN FRANCISCO CAL COM 33616C100 1,652 25,000 SH   SOLE   25,000 0 0
FLOWSERVE CORP COM 34354P105 1,679 39,900 SH   SOLE   39,900 0 0
FLUOR CORP NEW COM 343412102 1,941 41,100 SH   SOLE   41,100 0 0
FLUSHING FINL CORP COM 343873105 10,387 480,000 SH   SOLE   480,000 0 0
FMC TECHNOLOGIES INC COM 30249U101 1,668 57,500 SH   SOLE   57,500 0 0
FOOT LOCKER INC COM 344849104 2,812 43,200 SH   SOLE   43,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,469 175,200 SH   SOLE   175,200 0 0
FRANKLIN RES INC COM 354613101 1,598 43,400 SH   SOLE   43,400 0 0
FREEPORT-MCMORAN INC COM 35671D857 968 143,000 SH   SOLE   143,000 0 0
FULTON FINL CORP PA COM 360271100 3,513 270,000 SH   SOLE   270,000 0 0
GAMESTOP CORP NEW CL A 36467W109 21,125 753,400 SH   SOLE   753,400 0 0
GAP INC DEL COM 364760108 1,368 55,400 SH   SOLE   55,400 0 0
GAS NAT INC COM 367204104 375 50,388 SH   SOLE   50,388 0 0
GENERAL ELECTRIC CO COM 369604103 8,615 276,550 SH   SOLE   276,550 0 0
GENERAL MLS INC COM 370334104 3,033 52,600 SH   SOLE   52,600 0 0
GENERAL MTRS CO COM 37045V100 2,636 77,500 SH   SOLE   77,500 0 0
G-III APPAREL GROUP LTD COM 36237H101 4,793 108,300 SH   SOLE   108,300 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,523 14,000 SH   SOLE   14,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 33,941 1,038,900 SH   SOLE   1,038,900 0 0
HANOVER INS GROUP INC COM 410867105 32,829 403,600 SH   SOLE   403,600 0 0
HARLEY DAVIDSON INC COM 412822108 1,602 35,300 SH   SOLE   35,300 0 0
HAWAIIAN HOLDINGS INC COM 419879101 34,811 985,300 SH   SOLE   985,300 0 0
HCA HOLDINGS INC COM 40412C101 7,737 114,400 SH   SOLE   114,400 0 0
HELMERICH & PAYNE INC COM 423452101 1,939 36,200 SH   SOLE   36,200 0 0
HINGHAM INSTN SVGS MASS COM 433323102 9,884 82,500 SH   SOLE   82,500 0 0
HNI CORP COM 404251100 4,078 113,100 SH   SOLE   113,100 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 5,150 40,600 SH   SOLE   40,600 0 0
IBERIABANK CORP COM 450828108 8,811 160,000 SH   SOLE   160,000 0 0
INDEPENDENT BANK CORP MASS COM 453836108 10,374 223,000 SH   SOLE   223,000 0 0
INGLES MKTS INC CL A 457030104 5,929 134,500 SH   SOLE   134,500 0 0
INGREDION INC COM 457187102 34,809 363,200 SH   SOLE   363,200 0 0
INTEL CORP COM 458140100 2,557 74,225 SH   SOLE   74,225 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 6,145 44,650 SH   SOLE   44,650 0 0
INTERPUBLIC GROUP COS INC COM 460690100 34,510 1,482,400 SH   SOLE   1,482,400 0 0
INTL PAPER CO COM 460146103 1,942 51,500 SH   SOLE   51,500 0 0
INVESTORS BANCORP INC NEW COM 46146L101 7,713 620,000 SH   SOLE   620,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 38,100 1,682,100 SH   SOLE   1,682,100 0 0
JOHNSON & JOHNSON COM 478160104 2,270 22,100 SH   SOLE   22,100 0 0
JONES LANG LASALLE INC COM 48020Q107 5,659 35,400 SH   SOLE   35,400 0 0
JPMORGAN CHASE & CO. COM 46625H100 4,490 68,000 SH   SOLE   68,000 0 0
KEARNY FINL CORP MD COM 48716P108 9,249 730,000 SH   SOLE   730,000 0 0
KELLOGG CO COM 487836108 5,413 74,900 SH   SOLE   74,900 0 0
KEYCORP NEW COM 493267108 4,379 332,000 SH   SOLE   332,000 0 0
KIMBERLY CLARK CORP COM 494368103 3,284 25,800 SH   SOLE   25,800 0 0
KINDER MORGAN INC DEL COM 49456B101 64,130 4,298,225 SH   SOLE   4,298,225 0 0
KROGER CO COM 501044101 6,676 159,600 SH   SOLE   159,600 0 0
LACLEDE GROUP INC COM 505597104 18,565 312,492 SH   SOLE   312,492 0 0
LAS VEGAS SANDS CORP COM 517834107 4,042 92,200 SH   SOLE   92,200 0 0
LEAR CORP COM NEW 521865204 43,101 350,900 SH   SOLE   350,900 0 0
LENNAR CORP CL A 526057104 33,802 691,100 SH   SOLE   691,100 0 0
LITHIA MTRS INC CL A 536797103 31,598 296,218 SH   SOLE   296,218 0 0
LOWES COS INC COM 548661107 5,901 77,600 SH   SOLE   77,600 0 0
LYDALL INC DEL COM 550819106 6,369 179,500 SH   SOLE   179,500 0 0
LYONDELLBASELL INDUSTRIES N V SHS - A - N53745100 2,746 31,600 SH   SOLE   31,600 0 0
M & T BK CORP COM 55261F104 3,999 33,000 SH   SOLE   33,000 0 0
MACYS INC COM 55616P104 1,238 35,400 SH   SOLE   35,400 0 0
MANPOWERGROUP INC COM 56418H100 31,575 374,600 SH   SOLE   374,600 0 0
MANULIFE FINL CORP COM 56501R106 2,394 159,800 SH   SOLE   159,800 0 0
MARATHON OIL CORP COM 565849106 1,240 98,500 SH   SOLE   98,500 0 0
MARATHON PETE CORP COM 56585A102 2,887 55,700 SH   SOLE   55,700 0 0
MASTERCARD INC CL A 57636Q104 1,771 18,195 SH   SOLE   18,195 0 0
MCDONALDS CORP COM 580135101 9,634 81,550 SH   SOLE   81,550 0 0
MDU RES GROUP INC COM 552690109 10,981 599,407 SH   SOLE   599,407 0 0
MERCER INTL INC COM 588056101 3,707 409,600 SH   SOLE   409,600 0 0
MERCK & CO INC NEW COM 58933Y105 7,371 139,550 SH   SOLE   139,550 0 0
MERIDIAN BANCORP INC MD COM 58958U103 5,499 390,000 SH   SOLE   390,000 0 0
METLIFE INC COM 59156R108 2,714 56,300 SH   SOLE   56,300 0 0
MGE ENERGY INC COM 55277P104 2,183 47,054 SH   SOLE   47,054 0 0
MICRON TECHNOLOGY INC COM 595112103 1,069 75,500 SH   SOLE   75,500 0 0
MICROSOFT CORP COM 594918104 3,656 65,900 SH   SOLE   65,900 0 0
MORGAN STANLEY COM 617446448 3,499 110,000 SH   SOLE   110,000 0 0
MULTI COLOR CORP COM 625383104 5,000 83,600 SH   SOLE   83,600 0 0
MURPHY USA INC COM 626755102 4,938 81,300 SH   SOLE   81,300 0 0
NATIONAL FUEL GAS CO N J COM 636180101 13,720 320,924 SH   SOLE   320,924 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 66,693 959,058 SH   SOLE   959,058 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,772 52,900 SH   SOLE   52,900 0 0
NEW JERSEY RES COM 646025106 14,960 453,884 SH   SOLE   453,884 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 2,693 165,000 SH   SOLE   165,000 0 0
NISOURCE INC COM 65473P105 24,585 1,260,131 SH   SOLE   1,260,131 0 0
NORDSTROM INC COM 655664100 1,474 29,600 SH   SOLE   29,600 0 0
NORTHROP GRUMMAN CORP COM 666807102 6,457 34,200 SH   SOLE   34,200 0 0
NORTHWEST NAT GAS CO COM 667655104 11,321 223,700 SH   SOLE   223,700 0 0
NORTHWESTERN CORP COM NEW 668074305 5,870 108,198 SH   SOLE   108,198 0 0
NVR INC COM 62944T105 34,690 21,114 SH   SOLE   21,114 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,319 34,300 SH   SOLE   34,300 0 0
OCEANFIRST FINL CORP COM 675234108 6,795 339,246 SH   SOLE   339,246 0 0
OMNICOM GROUP INC COM 681919106 2,300 30,400 SH   SOLE   30,400 0 0
1 800 FLOWERS COM CL A 68243Q106 3,524 484,100 SH   SOLE   484,100 0 0
ONE GAS INC COM 68235P108 20,325 405,125 SH   SOLE   405,125 0 0
OPUS BK IRVINE CALIF COM 684000102 5,453 147,500 SH   SOLE   147,500 0 0
OWENS & MINOR INC NEW COM 690732102 34,552 960,300 SH   SOLE   960,300 0 0
PACCAR INC COM 693718108 1,645 34,700 SH   SOLE   34,700 0 0
PACWEST BANCORP DEL COM 695263103 5,495 127,500 SH   SOLE   127,500 0 0
PATRICK INDS INC COM 703343103 6,564 150,900 SH   SOLE   150,900 0 0
PENNEY J C INC COM 708160106 25,774 3,870,000 SH   SOLE   3,870,000 0 0
PEPCO HOLDINGS INC COM 713291102 1,870 71,904 SH   SOLE   71,904 0 0
PFIZER INC COM 717081103 7,720 239,150 SH   SOLE   239,150 0 0
PG&E CORP COM 69331C108 51,291 964,299 SH   SOLE   964,299 0 0
PHILIP MORRIS INTL INC COM 718172109 3,033 34,500 SH   SOLE   34,500 0 0
PIEDMONT NAT GAS INC COM 720186105 34,005 596,361 SH   SOLE   596,361 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 1,385 62,700 SH   SOLE   62,700 0 0
PLAINS GP HLDGS L P SH A REP LTPN 72651A108 8,427 891,777 SH   SOLE   891,777 0 0
PNC FINL SVCS GROUP INC COM 693475105 3,812 40,000 SH   SOLE   40,000 0 0
POOL CORPORATION COM 73278L105 34,332 425,000 SH   SOLE   425,000 0 0
PPL CORP COM 69351T106 16,714 489,719 SH   SOLE   489,719 0 0
PROCTER & GAMBLE CO COM 742718109 7,881 99,250 SH   SOLE   99,250 0 0
PROGRESSIVE CORP OHIO COM 743315103 2,706 85,100 SH   SOLE   85,100 0 0
PROVIDENT FINL SVCS INC COM 74386T105 10,277 510,000 SH   SOLE   510,000 0 0
PRUDENTIAL FINL INC COM 744320102 2,939 36,100 SH   SOLE   36,100 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 26,920 695,790 SH   SOLE   695,790 0 0
QUESTAR CORP COM 748356102 20,151 1,034,426 SH   SOLE   1,034,426 0 0
REGIONS FINL CORP NEW COM 7591EP100 4,080 425,000 SH   SOLE   425,000 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 1,772 450,800 SH   SOLE   450,800 0 0
RGC RES INC COM 74955L103 848 40,273 SH   SOLE   40,273 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 2,438 45,500 SH   SOLE   45,500 0 0
SCANA CORP NEW COM 80589M102 10,160 167,966 SH   SOLE   167,966 0 0
SCIENCE APPLICATNS INTL CP NEW COM 808625107 4,871 106,400 SH   SOLE   106,400 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 1,694 46,200 SH   SOLE   46,200 0 0
SEALED AIR CORP NEW COM 81211K100 5,419 121,500 SH   SOLE   121,500 0 0
SEMPRA ENERGY COM 816851109 66,356 705,840 SH   SOLE   705,840 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 7,581 159,500 SH   SOLE   159,500 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 36,145 1,110,800 SH   SOLE   1,110,800 0 0
SKECHERS U S A INC CL A 830566105 7,571 250,600 SH   SOLE   250,600 0 0
SOUTH JERSEY INDS INC COM 838518108 8,459 359,671 SH   SOLE   359,671 0 0
SOUTHERN COPPER CORP COM 84265V105 2,163 82,800 SH   SOLE   82,800 0 0
SOUTHWEST AIRLS CO COM 844741108 2,364 54,900 SH   SOLE   54,900 0 0
SOUTHWEST GAS CORP COM 844895102 18,007 326,445 SH   SOLE   326,445 0 0
SPECTRA ENERGY CORP COM 847560109 68,897 2,877,915 SH   SOLE   2,877,915 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 5,818 116,200 SH   SOLE   116,200 0 0
STAPLES INC COM 855030102 4,830 510,000 SH   SOLE   510,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,283 88,500 SH   SOLE   88,500 0 0
SUNTRUST BKS INC COM 867914103 4,627 108,000 SH   SOLE   108,000 0 0
SUPER MICRO COMPUTER INC COM 86800U104 3,525 143,800 SH   SOLE   143,800 0 0
SYNCHRONY FINL COM 87165B103 4,531 149,000 SH   SOLE   149,000 0 0
SYNNEX CORP COM 87162W100 35,118 390,500 SH   SOLE   390,500 0 0
SYNOVUS FINL CORP COM NEW 87161C501 9,228 285,000 SH   SOLE   285,000 0 0
SYSCO CORP COM 871829107 2,854 69,600 SH   SOLE   69,600 0 0
TECH DATA CORP COM 878237106 31,238 470,600 SH   SOLE   470,600 0 0
TECO ENERGY INC COM 872375100 13,007 488,051 SH   SOLE   488,051 0 0
TERADATA CORP DEL COM 88076W103 1,366 51,700 SH   SOLE   51,700 0 0
TESORO CORP COM 881609101 6,691 63,500 SH   SOLE   63,500 0 0
THOMSON REUTERS CORP COM 884903105 2,657 70,200 SH   SOLE   70,200 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 2,495 63,700 SH   SOLE   63,700 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 5,114 363,700 SH   SOLE   363,700 0 0
TRANSCANADA CORP COM 89353D107 66,463 2,039,368 SH   SOLE   2,039,368 0 0
TRAVELCENTERS AMER LLC COM 894174101 3,878 412,500 SH   SOLE   412,500 0 0
U S CONCRETE INC COM NEW 90333L201 9,821 186,500 SH   SOLE   186,500 0 0
UGI CORP NEW COM NEW 902681105 10,310 305,402 SH   SOLE   305,402 0 0
UMPQUA HLDGS CORP COM 904214103 3,776 237,500 SH   SOLE   237,500 0 0
UNION BANKSHARES CORP NEW COM 90539J109 1,641 65,000 SH   SOLE   65,000 0 0
UNITED CONTL HLDGS INC COM 910047109 4,819 84,100 SH   SOLE   84,100 0 0
UNITED FINL BANCORP INC NEW COM 910304104 4,959 385,000 SH   SOLE   385,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 5,953 50,600 SH   SOLE   50,600 0 0
UNITIL CORP COM 913259107 2,297 64,015 SH   SOLE   64,015 0 0
US BANCORP DEL COM NEW 902973304 4,310 101,000 SH   SOLE   101,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 7,022 99,300 SH   SOLE   99,300 0 0
VECTREN CORP COM 92240G101 13,711 323,228 SH   SOLE   323,228 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 10,062 217,700 SH   SOLE   217,700 0 0
VIACOM INC NEW CL B 92553P201 1,387 33,700 SH   SOLE   33,700 0 0
VISA INC CL A 92826C839 3,907 50,385 SH   SOLE   50,385 0 0
WAL-MART STORES INC COM 931142103 2,651 43,250 SH   SOLE   43,250 0 0
WASHINGTON FED INC COM 938824109 9,937 417,000 SH   SOLE   417,000 0 0
WASTE MGMT INC DEL COM 94106L109 2,834 53,100 SH   SOLE   53,100 0 0
WAYFAIR INC CL A 94419L101 38,051 799,047 SH   SOLE   799,047 0 0
WEBSTER FINL CORP CONN COM 947890109 5,579 150,000 SH   SOLE   150,000 0 0
WEC ENERGY GROUP INC COM 92939U106 39,154 763,090 SH   SOLE   763,090 0 0
WELLS FARGO & CO NEW COM 949746101 4,077 75,000 SH   SOLE   75,000 0 0
WEST CORP COM 952355204 3,566 165,300 SH   SOLE   165,300 0 0
WESTERN ALLIANCE BANCORP COM 957638109 4,142 115,500 SH   SOLE   115,500 0 0
WESTERN UN CO COM 959802109 2,357 131,600 SH   SOLE   131,600 0 0
WEYERHAEUSER CO COM 962166104 2,398 80,000 SH   SOLE   80,000 0 0
WGL HLDGS INC COM 92924F106 27,665 439,192 SH   SOLE   439,192 0 0
WILLIAMS COS INC DEL COM 969457100 69,006 2,685,057 SH   SOLE   2,685,057 0 0
WILSHIRE BANCORP INC COM 97186T108 4,620 400,000 SH   SOLE   400,000 0 0
WINTRUST FINL CORP COM 97650W108 9,098 187,500 SH   SOLE   187,500 0 0
WSFS FINL CORP COM 929328102 10,517 325,000 SH   SOLE   325,000 0 0
XCEL ENERGY INC COM 98389B100 16,533 460,399 SH   SOLE   460,399 0 0
YADKIN FINL CORP COM 984305102 9,942 395,000 SH   SOLE   395,000 0 0
ZUMIEZ INC COM 989817101 2,286 151,200 SH   SOLE   151,200 0 0