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 3,460 51,500 SH   SOLE   51,500 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 20,071 126,000 SH   SOLE   126,000 0 0
AECOM COM 00766T100 17,341 524,200 SH   SOLE   524,200 0 0
AETNA INC NEW COM 00817Y108 6,845 53,700 SH   SOLE   53,700 0 0
AGL RES INC COM 001204106 55,994 1,202,616 SH   SOLE   1,202,616 0 0
ALASKA AIR GROUP INC COM 011659109 2,268 35,200 SH   SOLE   35,200 0 0
ALBEMARLE CORP COM 012653101 2,172 39,300 SH   SOLE   39,300 0 0
ALLIANT ENERGY CORP COM 018802108 6,286 108,904 SH   SOLE   108,904 0 0
ALTRIA GROUP INC COM 02209S103 2,626 53,700 SH   SOLE   53,700 0 0
AMAZON COM INC COM 023135106 204 471 SH   SOLE   471 0 0
AMEDISYS INC COM 023436108 7,171 180,500 SH   SOLE   180,500 0 0
AMEREN CORP COM 023608102 9,212 244,490 SH   SOLE   244,490 0 0
AMERICAN EXPRESS CO COM 025816109 2,876 37,000 SH   SOLE   37,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 2,473 40,000 SH   SOLE   40,000 0 0
AMERICAN WOODMARK CORP COM 030506109 6,330 115,400 SH   SOLE   115,400 0 0
AMTRUST FINL SVCS INC COM 032359309 6,472 98,800 SH   SOLE   98,800 0 0
APPLE INC COM 037833100 2,817 22,461 SH   SOLE   22,461 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 6,207 68,500 SH   SOLE   68,500 0 0
ASSOCIATED BANC CORP COM 045487105 4,763 235,000 SH   SOLE   235,000 0 0
ASTORIA FINL CORP COM 046265104 9,515 690,000 SH   SOLE   690,000 0 0
AT&T INC COM 00206R102 8,386 236,100 SH   SOLE   236,100 0 0
ATLAS AIR WORLDWIDE HLDGS INC COM NEW COM NEW 049164205 6,381 116,100 SH   SOLE   116,100 0 0
ATMOS ENERGY CORP COM 049560105 61,784 1,204,840 SH   SOLE   1,204,840 0 0
AUTOZONE INC COM 053332102 2,601 3,900 SH   SOLE   3,900 0 0
AVALONBAY CMNTYS INC COM 053484101 1,119 7,000 SH   SOLE   7,000 0 0
AVISTA CORP COM 05379B107 4,397 143,472 SH   SOLE   143,472 0 0
BALL CORP COM 058498106 24,026 342,500 SH   SOLE   342,500 0 0
BANK AMER CORP COM 060505104 3,608 212,000 SH   SOLE   212,000 0 0
BANK N S HALIFAX COM 064149107 2,804 54,300 SH   SOLE   54,300 0 0
BANKUNITED INC COM 06652K103 8,893 247,500 SH   SOLE   247,500 0 0
BANNER CORP COM NEW 06652V208 8,747 182,500 SH   SOLE   182,500 0 0
BARD C R INC COM 067383109 2,202 12,900 SH   SOLE   12,900 0 0
BAXTER INTL INC COM 071813109 2,867 41,000 SH   SOLE   41,000 0 0
BCE INC COM NEW 05534B760 2,758 64,900 SH   SOLE   64,900 0 0
BED BATH & BEYOND INC COM 075896100 2,138 31,000 SH   SOLE   31,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 2,373 190,000 SH   SOLE   190,000 0 0
BERKSHIRE HATHAWAY INC - CL A CL A 084670108 9,423 46 SH   SOLE   46 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,811 28,000 SH   SOLE   28,000 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 4,414 155,000 SH   SOLE   155,000 0 0
BLACK HILLS CORP COM 092113109 5,105 116,959 SH   SOLE   116,959 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 3,270 80,000 SH   SOLE   80,000 0 0
BLOCK H & R INC COM 093671105 2,067 69,700 SH   SOLE   69,700 0 0
BLUE HILLS BANCORP INC COM 095573101 3,640 260,000 SH   SOLE   260,000 0 0
BOEING CO COM 097023105 2,400 17,300 SH   SOLE   17,300 0 0
BRINKER INTL INC COM 109641100 18,483 320,600 SH   SOLE   320,600 0 0
CAMPBELL SOUP CO COM 134429109 2,306 48,400 SH   SOLE   48,400 0 0
CAPITAL BK FINL CORP COM 139794101 5,305 182,500 SH   SOLE   182,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 4,047 46,000 SH   SOLE   46,000 0 0
CARMAX INC COM 143130102 5,197 78,500 SH   SOLE   78,500 0 0
CATERPILLAR INC DEL COM 149123101 6,272 73,950 SH   SOLE   73,950 0 0
CDW CORP COM 12514G108 4,816 140,500 SH   SOLE   140,500 0 0
CENOVUS ENERGY INC COM 15135U109 2,235 139,600 SH   SOLE   139,600 0 0
CENTENE CORP DEL COM 15135B101 31,879 396,500 SH   SOLE   396,500 0 0
CENTERPOINT ENERGY INC COM 15189T107 22,916 1,204,226 SH   SOLE   1,204,226 0 0
CENTURYLINK INC COM 156700106 2,115 72,000 SH   SOLE   72,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 94,790 1,368,617 SH   SOLE   1,368,617 0 0
CHESAPEAKE UTILS CORP COM 165303108 7,651 142,085 SH   SOLE   142,085 0 0
CHEVRON CORP NEW COM 166764100 7,693 79,750 SH   SOLE   79,750 0 0
CIGNA CORPORATION COM 125509109 7,144 44,100 SH   SOLE   44,100 0 0
CISCO SYS INC COM 17275R102 5,460 198,840 SH   SOLE   198,840 0 0
CITIGROUP INC COM NEW 172967424 4,088 74,000 SH   SOLE   74,000 0 0
CITIZENS FINL GROUP INC COM 174610105 819 30,000 SH   SOLE   30,000 0 0
CLIFTON BANCORP INC COM 186873105 9,233 660,000 SH   SOLE   660,000 0 0
CMS ENERGY CORP COM 125896100 31,415 986,648 SH   SOLE   986,648 0 0
COACH INC COM 189754104 2,180 63,000 SH   SOLE   63,000 0 0
COCA COLA CO COM 191216100 6,712 171,100 SH   SOLE   171,100 0 0
COCA COLA ENTERPRISES INC NEW COM COM 19122T109 2,272 52,300 SH   SOLE   52,300 0 0
COMERICA INC COM 200340107 1,796 35,000 SH   SOLE   35,000 0 0
COMMUNICATIONS SALES&LEAS INC COM COM 20341J104 7,892 319,240 SH   SOLE   319,240 0 0
CONOCOPHILLIPS COM 20825C104 2,585 42,100 SH   SOLE   42,100 0 0
CONSOLIDATED EDISON INC COM 209115104 33,182 573,286 SH   SOLE   573,286 0 0
CORE MARK HOLDING CO INC COM 218681104 4,523 76,344 SH   SOLE   76,344 0 0
CORNING NAT GAS HLDG CORP COM 219387107 617 31,637 SH   SOLE   31,637 0 0
COVENANT TRANS INC - CL A CL A 22284P105 4,208 167,900 SH   SOLE   167,900 0 0
CRACKER BARREL OLD CTRY STORE COM COM 22410J106 5,325 35,700 SH   SOLE   35,700 0 0
CUSTOMERS BANCORP INC COM 23204G100 4,437 165,000 SH   SOLE   165,000 0 0
CVS HEALTH CORP COM 126650100 5,422 51,700 SH   SOLE   51,700 0 0
DEERE & CO COM 244199105 2,533 26,100 SH   SOLE   26,100 0 0
DELTA NAT GAS INC COM 247748106 1,716 85,392 SH   SOLE   85,392 0 0
DISCOVER FINL SVCS COM 254709108 3,630 63,000 SH   SOLE   63,000 0 0
DOMINION RES INC VA NEW COM 25746U109 96,590 1,444,446 SH   SOLE   1,444,446 0 0
DOVER CORP COM 260003108 2,274 32,400 SH   SOLE   32,400 0 0
DOW CHEM CO COM 260543103 3,029 59,200 SH   SOLE   59,200 0 0
DTE ENERGY CO COM 233331107 28,882 386,954 SH   SOLE   386,954 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 11,605 164,337 SH   SOLE   164,337 0 0
EMERSON ELEC CO COM 291011104 2,760 49,800 SH   SOLE   49,800 0 0
EMPIRE DIST ELEC CO COM 291641108 601 27,575 SH   SOLE   27,575 0 0
ENBRIDGE INC COM 29250N105 96,092 2,053,697 SH   SOLE   2,053,697 0 0
ENCORE CAP GROUP INC COM 292554102 2,564 60,000 SH   SOLE   60,000 0 0
ENTERGY CORP NEW COM 29364G103 1,206 17,100 SH   SOLE   17,100 0 0
EPLUS INC COM 294268107 5,021 65,500 SH   SOLE   65,500 0 0
EQT CORP COM 26884L109 34,304 421,732 SH   SOLE   421,732 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 982 14,000 SH   SOLE   14,000 0 0
ERIE INDTY CO CL A 29530P102 4,780 58,240 SH   SOLE   58,240 0 0
EVERSOURCE ENERGY COM 30040W108 17,255 379,975 SH   SOLE   379,975 0 0
EXELON CORP COM 30161N101 17,183 546,881 SH   SOLE   546,881 0 0
EXXON MOBIL CORP COM 30231G102 7,234 86,950 SH   SOLE   86,950 0 0
F M C CORP COM NEW 302491303 2,060 39,200 SH   SOLE   39,200 0 0
FACEBOOK INC CL A 30303M102 207 2,410 SH   SOLE   2,410 0 0
FIFTH THIRD BANCORP COM 316773100 3,935 189,000 SH   SOLE   189,000 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 554 30,000 SH   SOLE   30,000 0 0
FLOWSERVE CORP COM 34354P105 2,127 40,400 SH   SOLE   40,400 0 0
FLUOR CORP NEW COM 343412102 2,211 41,700 SH   SOLE   41,700 0 0
FLUSHING FINL CORP COM 343873105 8,509 405,000 SH   SOLE   405,000 0 0
FMC TECHNOLOGIES INC COM 30249U101 2,423 58,400 SH   SOLE   58,400 0 0
FOOT LOCKER INC COM 344849104 23,293 347,600 SH   SOLE   347,600 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,693 179,400 SH   SOLE   179,400 0 0
FRANKLIN RES INC COM 354613101 2,157 44,000 SH   SOLE   44,000 0 0
FREEPORT-MCMORAN INC COM 35671D857 2,724 146,300 SH   SOLE   146,300 0 0
FRONTIER COMMUNICATIONS CORP COM COM 35906A108 13,203 2,667,200 SH   SOLE   2,667,200 0 0
FULTON FINL CORP PA COM 360271100 3,983 305,000 SH   SOLE   305,000 0 0
GAP INC DEL COM 364760108 2,145 56,200 SH   SOLE   56,200 0 0
GAS NAT INC COM 367204104 814 79,032 SH   SOLE   79,032 0 0
GENERAL ELECTRIC CO COM 369604103 9,281 349,300 SH   SOLE   349,300 0 0
GENERAL MLS INC COM 370334104 3,003 53,900 SH   SOLE   53,900 0 0
GENERAL MTRS CO COM 37045V100 2,643 79,300 SH   SOLE   79,300 0 0
G-III APPAREL GROUP LTD COM 36237H101 7,112 101,100 SH   SOLE   101,100 0 0
GILEAD SCIENCES INC COM 375558103 211 1,798 SH   SOLE   1,798 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 3,654 17,500 SH   SOLE   17,500 0 0
HARLEY DAVIDSON INC COM 412822108 2,023 35,900 SH   SOLE   35,900 0 0
HCA HOLDINGS INC COM 40412C101 9,870 108,800 SH   SOLE   108,800 0 0
HCP INC COM 40414L109 1,276 35,000 SH   SOLE   35,000 0 0
HD SUPPLY HLDGS INC COM 40416M105 21,826 620,400 SH   SOLE   620,400 0 0
HEALTH NET INC COM 42222G108 29,559 461,000 SH   SOLE   461,000 0 0
HELMERICH & PAYNE INC COM 423452101 2,584 36,700 SH   SOLE   36,700 0 0
HINGHAM INSTN SVGS MASS COM 433323102 10,360 90,000 SH   SOLE   90,000 0 0
HNI CORP COM 404251100 5,355 104,700 SH   SOLE   104,700 0 0
HUNTINGTON BANCSHARES INC COM 446150104 792 70,000 SH   SOLE   70,000 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 4,233 37,600 SH   SOLE   37,600 0 0
INDEPENDENT BANK CORP MASS COM 453836108 5,861 125,000 SH   SOLE   125,000 0 0
INGLES MKTS INC CL A 457030104 5,943 124,400 SH   SOLE   124,400 0 0
INTEL CORP COM 458140100 2,245 73,800 SH   SOLE   73,800 0 0
INTERNATIONAL BUSINESS MACHS COM COM 459200101 2,521 15,500 SH   SOLE   15,500 0 0
INTL PAPER CO COM 460146103 2,508 52,700 SH   SOLE   52,700 0 0
INVESTORS BANCORP INC NEW COM 46146L101 9,471 770,000 SH   SOLE   770,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 37,995 1,830,200 SH   SOLE   1,830,200 0 0
JOHNSON & JOHNSON COM 478160104 2,183 22,400 SH   SOLE   22,400 0 0
JONES LANG LASALLE INC COM 48020Q107 5,609 32,800 SH   SOLE   32,800 0 0
JPMORGAN CHASE & CO. COM 46625H100 3,998 59,000 SH   SOLE   59,000 0 0
KEARNY FINL CORP MD COM 48716P108 167 15,000 SH   SOLE   15,000 0 0
KELLOGG CO COM 487836108 4,784 76,300 SH   SOLE   76,300 0 0
KEYCORP NEW COM 493267108 3,229 215,000 SH   SOLE   215,000 0 0
KIMBERLY CLARK CORP COM 494368103 2,798 26,400 SH   SOLE   26,400 0 0
KINDER MORGAN INC DEL COM 49456B101 95,427 2,485,725 SH   SOLE   2,485,725 0 0
KROGER CO COM 501044101 5,358 73,900 SH   SOLE   73,900 0 0
LACLEDE GROUP INC COM 505597104 23,278 447,132 SH   SOLE   447,132 0 0
LAS VEGAS SANDS CORP COM 517834107 4,936 93,900 SH   SOLE   93,900 0 0
LEAR CORP COM NEW 521865204 8,071 71,900 SH   SOLE   71,900 0 0
LIFEPOINT HEALTH INC COM 53219L109 21,296 244,920 SH   SOLE   244,920 0 0
LIVE NATION ENTERTAINMENT INC COM COM 538034109 19,328 703,100 SH   SOLE   703,100 0 0
LOWES COS INC COM 548661107 4,808 71,800 SH   SOLE   71,800 0 0
LYDALL INC DEL COM 550819106 4,910 166,100 SH   SOLE   166,100 0 0
LYONDELLBASELL INDUSTRIES N V SHS - A - N53745100 3,344 32,300 SH   SOLE   32,300 0 0
MACYS INC COM 55616P104 2,422 35,900 SH   SOLE   35,900 0 0
MANULIFE FINL CORP COM 56501R106 3,039 163,500 SH   SOLE   163,500 0 0
MARATHON OIL CORP COM 565849106 2,678 100,900 SH   SOLE   100,900 0 0
MARATHON PETE CORP COM 56585A102 2,950 56,400 SH   SOLE   56,400 0 0
MASCO CORP COM 574599106 19,205 720,100 SH   SOLE   720,100 0 0
MASTERCARD INC CL A 57636Q104 3,491 37,345 SH   SOLE   37,345 0 0
MCDONALDS CORP COM 580135101 11,399 119,900 SH   SOLE   119,900 0 0
MDU RES GROUP INC COM 552690109 17,438 892,907 SH   SOLE   892,907 0 0
MERCER INTL INC COM 588056101 5,185 379,000 SH   SOLE   379,000 0 0
MERCK & CO INC NEW COM 58933Y105 8,875 155,900 SH   SOLE   155,900 0 0
MERIDIAN BANCORP INC MD COM 58958U103 4,358 325,000 SH   SOLE   325,000 0 0
METLIFE INC COM 59156R108 3,505 62,600 SH   SOLE   62,600 0 0
MGE ENERGY INC COM 55277P104 2,666 68,823 SH   SOLE   68,823 0 0
MICRON TECHNOLOGY INC COM 595112103 1,482 78,655 SH   SOLE   78,655 0 0
MICROSOFT CORP COM 594918104 3,168 71,755 SH   SOLE   71,755 0 0
MOHAWK INDS INC COM 608190104 24,072 126,100 SH   SOLE   126,100 0 0
MORGAN STANLEY COM 617446448 3,569 92,000 SH   SOLE   92,000 0 0
MULTI COLOR CORP COM 625383104 4,944 77,400 SH   SOLE   77,400 0 0
MURPHY USA INC COM 626755102 4,203 75,300 SH   SOLE   75,300 0 0
NATIONAL FUEL GAS CO N J COM 636180101 27,438 465,924 SH   SOLE   465,924 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 94,842 1,468,823 SH   SOLE   1,468,823 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,612 54,100 SH   SOLE   54,100 0 0
NEW JERSEY RES COM 646025106 20,081 728,884 SH   SOLE   728,884 0 0
NISOURCE INC COM 65473P105 94,149 2,065,131 SH   SOLE   2,065,131 0 0
NORDSTROM INC COM 655664100 2,235 30,000 SH   SOLE   30,000 0 0
NORTHROP GRUMMAN CORP COM 666807102 5,029 31,700 SH   SOLE   31,700 0 0
NORTHWEST NAT GAS CO COM 667655104 13,074 309,951 SH   SOLE   309,951 0 0
NORTHWESTERN CORP COM NEW 668074305 8,322 170,698 SH   SOLE   170,698 0 0
NVR INC COM 62944T105 19,851 14,814 SH   SOLE   14,814 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,730 35,100 SH   SOLE   35,100 0 0
OCEANFIRST FINL CORP COM 675234108 4,215 226,000 SH   SOLE   226,000 0 0
OMNICOM GROUP INC COM 681919106 2,140 30,800 SH   SOLE   30,800 0 0
One 1 800 FLOWERS COM CL A 68243Q106 4,685 447,900 SH   SOLE   447,900 0 0
ONE GAS INC COM 68235P108 25,729 604,525 SH   SOLE   604,525 0 0
OPUS BK IRVINE CALIF COM 684000102 1,447 40,000 SH   SOLE   40,000 0 0
PACCAR INC COM 693718108 2,246 35,200 SH   SOLE   35,200 0 0
PACWEST BANCORP DEL COM 695263103 5,144 110,000 SH   SOLE   110,000 0 0
PATRICK INDS INC COM 703343103 5,316 139,700 SH   SOLE   139,700 0 0
PENNEY J C INC COM 708160106 15,196 1,794,100 SH   SOLE   1,794,100 0 0
PEPCO HOLDINGS INC COM 713291102 2,624 97,404 SH   SOLE   97,404 0 0
PFIZER INC COM 717081103 9,846 293,650 SH   SOLE   293,650 0 0
PG&E CORP COM 69331C108 69,049 1,406,299 SH   SOLE   1,406,299 0 0
PHILIP MORRIS INTL INC COM 718172109 2,830 35,300 SH   SOLE   35,300 0 0
PIEDMONT NAT GAS INC COM 720186105 30,613 866,965 SH   SOLE   866,965 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 13,676 595,400 SH   SOLE   595,400 0 0
PINNACLE FOODS INC DEL COM 72348P104 23,731 521,100 SH   SOLE   521,100 0 0
PLAINS GP HLDGS L P SH A REP LTPN 72651A108 34,168 1,322,277 SH   SOLE   1,322,277 0 0
PNC FINL SVCS GROUP INC COM 693475105 3,061 32,000 SH   SOLE   32,000 0 0
POPULAR INC COM NEW 733174700 3,247 112,500 SH   SOLE   112,500 0 0
PPL CORP COM 69351T106 19,972 677,719 SH   SOLE   677,719 0 0
PROCTER & GAMBLE CO COM 742718109 8,239 105,300 SH   SOLE   105,300 0 0
PROGRESSIVE CORP OHIO COM 743315103 2,402 86,300 SH   SOLE   86,300 0 0
PROVIDENT FINL SVCS INC COM 74386T105 9,495 500,000 SH   SOLE   500,000 0 0
PRUDENTIAL FINL INC COM 744320102 3,238 37,000 SH   SOLE   37,000 0 0
PUBLIC STORAGE COM 74460D109 1,106 6,000 SH   SOLE   6,000 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 40,391 1,028,290 SH   SOLE   1,028,290 0 0
QUESTAR CORP COM 748356102 31,628 1,512,586 SH   SOLE   1,512,586 0 0
RADIAN GROUP INC COM 750236101 375 20,000 SH   SOLE   20,000 0 0
REGIONS FINL CORP NEW COM 7591EP100 3,626 350,000 SH   SOLE   350,000 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 20,293 213,900 SH   SOLE   213,900 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 3,830 417,200 SH   SOLE   417,200 0 0
RGC RES INC COM 74955L103 1,164 58,219 SH   SOLE   58,219 0 0
RITE AID CORP COM 767754104 2,592 310,400 SH   SOLE   310,400 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 2,843 46,500 SH   SOLE   46,500 0 0
RPM INTL INC COM 749685103 18,398 375,700 SH   SOLE   375,700 0 0
RYDER SYS INC COM 783549108 16,661 190,700 SH   SOLE   190,700 0 0
SANDISK CORP COM 80004C101 1,677 28,800 SH   SOLE   28,800 0 0
SCANA CORP NEW COM 80589M102 12,382 244,466 SH   SOLE   244,466 0 0
SCIENCE APPLICATNS INTL CP NEW COM COM 808625107 5,200 98,400 SH   SOLE   98,400 0 0
SEAGATE TECHNOLOGY PLC SHS - A - G7945M107 2,247 47,300 SH   SOLE   47,300 0 0
SEALED AIR CORP NEW COM 81211K100 31,542 613,900 SH   SOLE   613,900 0 0
SEMPRA ENERGY COM 816851109 95,263 962,840 SH   SOLE   962,840 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 4,508 120,000 SH   SOLE   120,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109 865 5,000 SH   SOLE   5,000 0 0
SKECHERS U S A INC CL A 830566105 39,480 359,600 SH   SOLE   359,600 0 0
SOUTH JERSEY INDS INC COM 838518108 12,826 518,656 SH   SOLE   518,656 0 0
SOUTHERN COPPER CORP COM 84265V105 2,470 84,000 SH   SOLE   84,000 0 0
SOUTHWEST AIRLS CO COM 844741108 1,843 55,700 SH   SOLE   55,700 0 0
SOUTHWEST GAS CORP COM 844895102 25,920 487,119 SH   SOLE   487,119 0 0
SPECTRA ENERGY CORP COM 847560109 97,814 3,000,415 SH   SOLE   3,000,415 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A COM CL A 848574109 5,930 107,600 SH   SOLE   107,600 0 0
SQUARE 1 FINL INC CL A 85223W101 1,094 40,000 SH   SOLE   40,000 0 0
STAPLES INC COM 855030102 7,470 487,900 SH   SOLE   487,900 0 0
STEEL DYNAMICS INC COM 858119100 16,243 784,100 SH   SOLE   784,100 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,493 90,600 SH   SOLE   90,600 0 0
SUNTRUST BKS INC COM 867914103 3,356 78,000 SH   SOLE   78,000 0 0
SUPER MICRO COMPUTER INC COM 86800U104 3,937 133,100 SH   SOLE   133,100 0 0
SYNCHRONY FINL COM 87165B103 3,194 97,000 SH   SOLE   97,000 0 0
SYNOVUS FINL CORP COM NEW 87161C501 9,554 310,000 SH   SOLE   310,000 0 0
SYSCO CORP COM 871829107 2,570 71,200 SH   SOLE   71,200 0 0
TAKE-TWO INTERACTIVE SOFTWARE COM COM 874054109 20,391 739,600 SH   SOLE   739,600 0 0
TECO ENERGY INC COM 872375100 12,681 718,051 SH   SOLE   718,051 0 0
TENET HEALTHCARE CORP COM 88033G407 17,005 293,800 SH   SOLE   293,800 0 0
TERADATA CORP DEL COM 88076W103 1,939 52,400 SH   SOLE   52,400 0 0
TESORO CORP COM 881609101 4,963 58,800 SH   SOLE   58,800 0 0
TEXAS CAPITAL BANCSHARES INC COM COM 88224Q107 311 5,000 SH   SOLE   5,000 0 0
THOMSON REUTERS CORP COM 884903105 2,733 71,800 SH   SOLE   71,800 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 2,772 65,200 SH   SOLE   65,200 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 5,196 336,500 SH   SOLE   336,500 0 0
TRANSCANADA CORP COM 89353D107 93,078 2,291,427 SH   SOLE   2,291,427 0 0
TRAVELCENTERS AMER LLC COM 894174101 5,668 381,700 SH   SOLE   381,700 0 0
U S CONCRETE INC COM NEW 90333L201 6,536 172,500 SH   SOLE   172,500 0 0
UGI CORP NEW COM NEW 902681105 32,524 944,102 SH   SOLE   944,102 0 0
UIL HLDG CORP COM 902748102 12,663 276,368 SH   SOLE   276,368 0 0
UMPQUA HLDGS CORP COM 904214103 4,677 260,000 SH   SOLE   260,000 0 0
UNITED CONTL HLDGS INC COM 910047109 4,124 77,800 SH   SOLE   77,800 0 0
UNITED FINL BANCORP INC NEW COM 910304104 4,371 325,000 SH   SOLE   325,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 5,722 46,900 SH   SOLE   46,900 0 0
UNITIL CORP COM 913259107 3,182 96,371 SH   SOLE   96,371 0 0
US BANCORP DEL COM NEW 902973304 3,038 70,000 SH   SOLE   70,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 6,335 101,200 SH   SOLE   101,200 0 0
VALSPAR CORP COM 920355104 17,837 218,000 SH   SOLE   218,000 0 0
VECTREN CORP COM 92240G101 18,618 483,828 SH   SOLE   483,828 0 0
VENTAS INC COM 92276F100 1,242 20,000 SH   SOLE   20,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 10,723 230,050 SH   SOLE   230,050 0 0
VIACOM INC NEW CL B 92553P201 2,211 34,200 SH   SOLE   34,200 0 0
VISA INC CL A 92826C839 3,624 53,975 SH   SOLE   53,975 0 0
VORNADO RLTY TR SH BEN INT 929042109 1,139 12,000 SH   SOLE   12,000 0 0
VOYA FINL INC COM 929089100 20,196 434,600 SH   SOLE   434,600 0 0
WASHINGTON FED INC COM 938824109 9,574 410,000 SH   SOLE   410,000 0 0
WASTE MGMT INC DEL COM 94106L109 2,521 54,400 SH   SOLE   54,400 0 0
WEBSTER FINL CORP CONN COM 947890109 2,966 75,000 SH   SOLE   75,000 0 0
WEC ENERGY GROUP INC COM 92939U106 39,915 887,590 SH   SOLE   887,590 0 0
WELLS FARGO & CO NEW COM 949746101 3,318 59,000 SH   SOLE   59,000 0 0
WEST CORP COM 952355204 4,602 152,900 SH   SOLE   152,900 0 0
WESTERN UN CO COM 959802109 2,716 133,600 SH   SOLE   133,600 0 0
WEYERHAEUSER CO COM 962166104 2,580 81,900 SH   SOLE   81,900 0 0
WGL HLDGS INC COM 92924F106 31,371 577,837 SH   SOLE   577,837 0 0
WILLIAMS COS INC DEL COM 969457100 97,337 1,696,057 SH   SOLE   1,696,057 0 0
WINDSTREAM HLDGS INC COM 97382A200 1,698 266,066 SH   SOLE   266,066 0 0
WINTRUST FINL CORP COM 97650W108 8,541 160,000 SH   SOLE   160,000 0 0
WSFS FINL CORP COM 929328102 7,385 270,000 SH   SOLE   270,000 0 0
XCEL ENERGY INC COM 98389B100 21,300 661,899 SH   SOLE   661,899 0 0
ZIONS BANCORPORATION COM 989701107 3,015 95,000 SH   SOLE   95,000 0 0
ZUMIEZ INC COM 989817101 3,726 139,900 SH   SOLE   139,900 0 0