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 3,015 51,500 SH   SOLE   51,500 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 14,909 99,600 SH   SOLE   99,600 0 0
AECOM COM 00766T100 12,769 414,300 SH   SOLE   414,300 0 0
AES CORP COM 00130H105 3,097 241,000 SH   SOLE   241,000 0 0
AETNA INC NEW COM 00817Y108 6,147 57,700 SH   SOLE   57,700 0 0
AGL RES INC COM 001204106 58,444 1,177,116 SH   SOLE   1,177,116 0 0
ALASKA AIR GROUP INC COM 011659109 2,396 36,200 SH   SOLE   36,200 0 0
ALBEMARLE CORP COM 012653101 2,135 40,400 SH   SOLE   40,400 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADR 01609W102 205 2,465 SH   SOLE   2,465 0 0
ALLETE INC COM NEW 018522300 224 4,250 SH   SOLE   4,250 0 0
ALLIANT ENERGY CORP COM 018802108 6,861 108,904 SH   SOLE   108,904 0 0
ALTRIA GROUP INC COM 02209S103 2,686 53,700 SH   SOLE   53,700 0 0
AMEDISYS INC COM 023436108 5,190 193,800 SH   SOLE   193,800 0 0
AMEREN CORP COM 023608102 9,811 232,490 SH   SOLE   232,490 0 0
AMERICAN EXPRESS CO COM 025816109 3,125 40,000 SH   SOLE   40,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 2,794 51,000 SH   SOLE   51,000 0 0
AMERICAN WOODMARK CORP COM 030506109 6,781 123,900 SH   SOLE   123,900 0 0
AMTRUST FINL SVCS INC COM 032359309 6,046 106,100 SH   SOLE   106,100 0 0
APPLE INC COM 037833100 2,869 23,061 SH   SOLE   23,061 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 6,116 73,600 SH   SOLE   73,600 0 0
ASSOCIATED BANC CORP COM 045487105 5,022 270,000 SH   SOLE   270,000 0 0
ASTORIA FINL CORP COM 046265104 9,065 700,000 SH   SOLE   700,000 0 0
AT&T INC COM 00206R102 8,504 260,450 SH   SOLE   260,450 0 0
ATLAS AIR WORLDWIDE HLDGS INC COM NEW 049164205 5,365 124,700 SH   SOLE   124,700 0 0
ATMOS ENERGY CORP COM 049560105 67,688 1,224,006 SH   SOLE   1,224,006 0 0
AUTOZONE INC COM 053332102 2,729 4,000 SH   SOLE   4,000 0 0
AVALONBAY CMNTYS INC COM 053484101 2,527 14,500 SH   SOLE   14,500 0 0
AVISTA CORP COM 05379B107 5,075 148,472 SH   SOLE   148,472 0 0
BALL CORP COM 058498106 20,606 291,700 SH   SOLE   291,700 0 0
BANK AMER CORP COM 060505104 3,309 215,000 SH   SOLE   215,000 0 0
BANK N S HALIFAX COM 064149107 2,727 54,300 SH   SOLE   54,300 0 0
BANKUNITED INC COM 06652K103 9,331 285,000 SH   SOLE   285,000 0 0
BANNER CORP COM NEW 06652V208 9,295 202,500 SH   SOLE   202,500 0 0
BARD C R INC COM 067383109 2,226 13,300 SH   SOLE   13,300 0 0
BAXTER INTL INC COM 071813109 2,809 41,000 SH   SOLE   41,000 0 0
BCE INC COM NEW 05534B760 2,749 64,900 SH   SOLE   64,900 0 0
BED BATH & BEYOND INC COM 075896100 2,449 31,900 SH   SOLE   31,900 0 0
BENEFICIAL BANCORP INC COM 08171T102 1,801 159,494 SH   SOLE   159,494 0 0
BERKSHIRE HATHAWAY INC CL A 084670108 11,310 52 SH   SOLE   52 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,185 29,000 SH   SOLE   29,000 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 4,432 160,000 SH   SOLE   160,000 0 0
BLACK HILLS CORP COM 092113109 5,799 114,959 SH   SOLE   114,959 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 4,006 103,000 SH   SOLE   103,000 0 0
BLOCK H & R INC COM 093671105 2,296 71,600 SH   SOLE   71,600 0 0
BLUE HILLS BANCORP INC COM 095573101 4,032 305,000 SH   SOLE   305,000 0 0
BOEING CO COM 097023105 2,671 17,800 SH   SOLE   17,800 0 0
BRINKER INTL INC COM 109641100 15,599 253,400 SH   SOLE   253,400 0 0
CAMPBELL SOUP CO COM 134429109 2,318 49,800 SH   SOLE   49,800 0 0
CAPITAL BK FINL CORP COM 139794101 6,212 225,000 SH   SOLE   225,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 3,862 49,000 SH   SOLE   49,000 0 0
CARMAX INC COM 143130102 5,818 84,300 SH   SOLE   84,300 0 0
CATERPILLAR INC DEL COM 149123101 5,250 65,600 SH   SOLE   65,600 0 0
CDW CORP COM 12514G108 5,620 150,900 SH   SOLE   150,900 0 0
CENOVUS ENERGY INC COM 15135U109 2,356 139,600 SH   SOLE   139,600 0 0
CENTENE CORP DEL COM 15135B101 23,469 332,000 SH   SOLE   332,000 0 0
CENTERPOINT ENERGY INC COM 15189T107 23,956 1,173,726 SH   SOLE   1,173,726 0 0
CENTURYLINK INC COM 156700106 2,488 72,000 SH   SOLE   72,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 105,505 1,363,117 SH   SOLE   1,363,117 0 0
CHESAPEAKE UTILS CORP COM 165303108 7,381 145,837 SH   SOLE   145,837 0 0
CHEVRON CORP NEW COM 166764100 8,236 78,450 SH   SOLE   78,450 0 0
CIGNA CORPORATION COM 125509109 6,135 47,400 SH   SOLE   47,400 0 0
CISCO SYS INC COM 17275R102 6,522 236,960 SH   SOLE   236,960 0 0
CITIGROUP INC COM NEW 172967424 3,916 76,000 SH   SOLE   76,000 0 0
CLIFTON BANCORP INC COM 186873105 9,524 675,000 SH   SOLE   675,000 0 0
CMS ENERGY CORP COM 125896100 34,618 991,648 SH   SOLE   991,648 0 0
COACH INC COM 189754104 2,685 64,800 SH   SOLE   64,800 0 0
COCA COLA CO COM 191216100 6,679 164,700 SH   SOLE   164,700 0 0
COCA COLA ENTERPRISES INC COM 19122T109 2,378 53,800 SH   SOLE   53,800 0 0
COMERICA INC COM 200340107 1,580 35,000 SH   SOLE   35,000 0 0
CONOCOPHILLIPS COM 20825C104 2,621 42,100 SH   SOLE   42,100 0 0
CONSOLIDATED EDISON INC COM 209115104 35,611 583,786 SH   SOLE   583,786 0 0
CORE MARK HOLDING CO INC COM 218681104 5,271 81,944 SH   SOLE   81,944 0 0
CORNING NAT GAS HLDG CORP COM 219387107 640 31,637 SH   SOLE   31,637 0 0
COVENANT TRANS INC - CL A CL A 22284P105 5,979 180,300 SH   SOLE   180,300 0 0
CRACKER BARREL OLD CTRY STORE COM 22410J106 5,842 38,400 SH   SOLE   38,400 0 0
CUSTOMERS BANCORP INC COM 23204G100 4,750 195,000 SH   SOLE   195,000 0 0
CVS HEALTH CORP COM 126650100 5,728 55,500 SH   SOLE   55,500 0 0
DEERE & CO COM 244199105 2,350 26,800 SH   SOLE   26,800 0 0
DELTA NAT GAS INC COM 247748106 1,700 87,392 SH   SOLE   87,392 0 0
DISCOVER FINL SVCS COM 254709108 3,606 64,000 SH   SOLE   64,000 0 0
DOMINION RES INC VA NEW COM 25746U109 106,230 1,498,946 SH   SOLE   1,498,946 0 0
DOVER CORP COM 260003108 2,302 33,300 SH   SOLE   33,300 0 0
DOW CHEM CO COM 260543103 2,840 59,200 SH   SOLE   59,200 0 0
DTE ENERGY CO COM 233331107 32,837 406,954 SH   SOLE   406,954 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 14,537 189,337 SH   SOLE   189,337 0 0
EMERSON ELEC CO COM 291011104 2,820 49,800 SH   SOLE   49,800 0 0
EMPIRE DIST ELEC CO COM 291641108 709 28,575 SH   SOLE   28,575 0 0
ENBRIDGE INC ADR 29250N105 105,928 2,184,077 SH   SOLE   2,184,077 0 0
ENCORE CAP GROUP INC COM 292554102 3,535 85,000 SH   SOLE   85,000 0 0
ENTERGY CORP NEW COM 29364G103 1,325 17,100 SH   SOLE   17,100 0 0
EPLUS INC COM 294268107 6,120 70,400 SH   SOLE   70,400 0 0
EQT CORP COM 26884L109 43,153 520,732 SH   SOLE   520,732 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 2,881 37,000 SH   SOLE   37,000 0 0
ERIE INDTY CO CL A 29530P102 5,466 62,640 SH   SOLE   62,640 0 0
EVERSOURCE ENERGY COM 30040W108 19,348 382,975 SH   SOLE   382,975 0 0
EXELON CORP COM 30161N101 19,826 589,881 SH   SOLE   589,881 0 0
EXXON MOBIL CORP COM 30231G102 6,715 79,000 SH   SOLE   79,000 0 0
F M C CORP COM NEW 302491303 2,307 40,300 SH   SOLE   40,300 0 0
FIFTH THIRD BANCORP COM 316773100 3,299 175,000 SH   SOLE   175,000 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 653 45,000 SH   SOLE   45,000 0 0
FLOWSERVE CORP COM 34354P105 2,350 41,600 SH   SOLE   41,600 0 0
FLUOR CORP NEW COM 343412102 2,452 42,900 SH   SOLE   42,900 0 0
FLUSHING FINL CORP COM 343873105 8,128 405,000 SH   SOLE   405,000 0 0
FMC TECHNOLOGIES INC COM 30249U101 2,221 60,000 SH   SOLE   60,000 0 0
FOOT LOCKER INC COM 344849104 17,968 285,200 SH   SOLE   285,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 2,896 179,400 SH   SOLE   179,400 0 0
FRANKLIN RES INC COM 354613101 2,325 45,300 SH   SOLE   45,300 0 0
FREEPORT-MCMORAN INC COM 35671D857 2,772 146,300 SH   SOLE   146,300 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 14,863 2,108,200 SH   SOLE   2,108,200 0 0
FULTON FINL CORP PA COM 360271100 4,381 355,000 SH   SOLE   355,000 0 0
GAP INC DEL COM 364760108 2,504 57,800 SH   SOLE   57,800 0 0
GAS NAT INC COM 367204104 909 91,250 SH   SOLE   91,250 0 0
GENERAL ELECTRIC CO COM 369604103 8,739 352,250 SH   SOLE   352,250 0 0
GENERAL MLS INC COM 370334104 3,051 53,900 SH   SOLE   53,900 0 0
GENERAL MTRS CO COM 37045V100 2,974 79,300 SH   SOLE   79,300 0 0
G-III APPAREL GROUP LTD COM 36237H101 6,061 53,800 SH   SOLE   53,800 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,632 14,000 SH   SOLE   14,000 0 0
HARLEY DAVIDSON INC COM 412822108 2,241 36,900 SH   SOLE   36,900 0 0
HCA HOLDINGS INC COM 40412C101 8,666 115,200 SH   SOLE   115,200 0 0
HCP INC COM 40414L109 2,679 62,000 SH   SOLE   62,000 0 0
HD SUPPLY HLDGS INC COM 40416M105 15,278 490,400 SH   SOLE   490,400 0 0
HEALTH NET INC COM 42222G108 23,633 390,700 SH   SOLE   390,700 0 0
HELMERICH & PAYNE INC COM 423452101 2,573 37,800 SH   SOLE   37,800 0 0
HINGHAM INSTN SVGS MASS COM 433323102 9,306 94,000 SH   SOLE   94,000 0 0
HNI CORP COM 404251100 6,201 112,400 SH   SOLE   112,400 0 0
HUNTINGTON BANCSHARES INC COM 446150104 1,547 140,000 SH   SOLE   140,000 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 5,662 40,400 SH   SOLE   40,400 0 0
INDEPENDENT BANK CORP MASS COM 453836108 6,054 138,000 SH   SOLE   138,000 0 0
INGLES MKTS INC CL A 457030104 6,611 133,600 SH   SOLE   133,600 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 32,127 446,088 SH   SOLE   446,088 0 0
INTEL CORP COM 458140100 3,428 109,615 SH   SOLE   109,615 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,391 14,900 SH   SOLE   14,900 0 0
INTL PAPER CO COM 460146103 2,924 52,700 SH   SOLE   52,700 0 0
INVESTORS BANCORP INC NEW COM 46146L101 9,493 810,000 SH   SOLE   810,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 29,218 1,517,800 SH   SOLE   1,517,800 0 0
JOHNSON & JOHNSON COM 478160104 2,324 23,100 SH   SOLE   23,100 0 0
JONES LANG LASALLE INC COM 48020Q107 5,998 35,200 SH   SOLE   35,200 0 0
JPMORGAN CHASE & CO. COM 46625H100 3,635 60,000 SH   SOLE   60,000 0 0
KELLOGG CO COM 487836108 5,098 77,300 SH   SOLE   77,300 0 0
KEYCORP NEW COM 493267108 3,186 225,000 SH   SOLE   225,000 0 0
KIMBERLY CLARK CORP COM 494368103 2,828 26,400 SH   SOLE   26,400 0 0
KINDER MORGAN INC DEL COM 49456B101 107,704 2,560,725 SH   SOLE   2,560,725 0 0
KITE RLTY GROUP TR COM NEW 49803T300 563 20,000 SH   SOLE   20,000 0 0
KROGER CO COM 501044101 6,079 79,300 SH   SOLE   79,300 0 0
LACLEDE GROUP INC COM 505597104 26,174 511,011 SH   SOLE   511,011 0 0
LAS VEGAS SANDS CORP COM 517834107 5,234 95,100 SH   SOLE   95,100 0 0
LEAR CORP COM NEW 521865204 8,444 76,200 SH   SOLE   76,200 0 0
LIFEPOINT HOSPITALS INC COM 53219L109 14,221 193,620 SH   SOLE   193,620 0 0
LIVE NATION ENTERTAINMENT INC COM 538034109 14,020 555,700 SH   SOLE   555,700 0 0
LOWES COS INC COM 548661107 5,735 77,100 SH   SOLE   77,100 0 0
LYDALL INC DEL COM 550819106 5,656 178,300 SH   SOLE   178,300 0 0
LYONDELLBASELL INDUSTRIES SHS - A - N53745100 2,836 32,300 SH   SOLE   32,300 0 0
MACYS INC COM 55616P104 2,395 36,900 SH   SOLE   36,900 0 0
MANULIFE FINL CORP COM 56501R106 2,781 163,500 SH   SOLE   163,500 0 0
MARATHON OIL CORP COM 565849106 2,634 100,900 SH   SOLE   100,900 0 0
MARATHON PETE CORP COM 56585A102 2,969 29,000 SH   SOLE   29,000 0 0
MASCO CORP COM 574599106 15,198 569,200 SH   SOLE   569,200 0 0
MASTERCARD INC CL A 57636Q104 3,850 44,560 SH   SOLE   44,560 0 0
MCDONALDS CORP COM 580135101 11,849 121,600 SH   SOLE   121,600 0 0
MDU RES GROUP INC COM 552690109 18,788 880,407 SH   SOLE   880,407 0 0
MERCER INTL INC COM 588056101 6,252 407,000 SH   SOLE   407,000 0 0
MERCK & CO INC NEW COM 58933Y105 9,251 160,950 SH   SOLE   160,950 0 0
MERIDIAN BANCORP INC MD COM 58958U103 4,149 315,000 SH   SOLE   315,000 0 0
METLIFE INC COM 59156R108 3,544 70,100 SH   SOLE   70,100 0 0
MGE ENERGY INC COM 55277P104 2,659 59,996 SH   SOLE   59,996 0 0
MICRON TECHNOLOGY INC COM 595112103 2,185 80,555 SH   SOLE   80,555 0 0
MICROSOFT CORP COM 594918104 2,934 72,180 SH   SOLE   72,180 0 0
MOHAWK INDS INC COM 608190104 18,519 99,700 SH   SOLE   99,700 0 0
MORGAN STANLEY COM 617446448 3,212 90,000 SH   SOLE   90,000 0 0
MULTI COLOR CORP COM 625383104 5,761 83,100 SH   SOLE   83,100 0 0
MURPHY USA INC COM 626755102 5,847 80,800 SH   SOLE   80,800 0 0
NATIONAL FUEL GAS CO N J COM 636180101 31,427 520,924 SH   SOLE   520,924 0 0
NATIONAL GRID PLC SPON ADR NEW 636274300 105,671 1,635,523 SH   SOLE   1,635,523 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,704 54,100 SH   SOLE   54,100 0 0
NEW JERSEY RES COM 646025106 22,577 726,884 SH   SOLE   726,884 0 0
NISOURCE INC COM 65473P105 104,621 2,369,131 SH   SOLE   2,369,131 0 0
NORDSTROM INC COM 655664100 2,482 30,900 SH   SOLE   30,900 0 0
NORTHROP GRUMMAN CORP COM 666807102 5,473 34,000 SH   SOLE   34,000 0 0
NORTHWEST NAT GAS CO COM 667655104 14,766 307,951 SH   SOLE   307,951 0 0
NORTHWESTERN CORP COM NEW 668074305 9,585 178,198 SH   SOLE   178,198 0 0
NVR INC COM 62944T105 15,564 11,714 SH   SOLE   11,714 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,562 35,100 SH   SOLE   35,100 0 0
OCEANFIRST FINL CORP COM 675234108 3,817 221,000 SH   SOLE   221,000 0 0
OMNICOM GROUP INC COM 681919106 2,472 31,700 SH   SOLE   31,700 0 0
1 800 FLOWERS COM CL A 68243Q106 5,690 481,000 SH   SOLE   481,000 0 0
ONE GAS INC COM 68235P108 25,485 589,525 SH   SOLE   589,525 0 0
ONEOK INC NEW COM 682680103 48,438 1,004,098 SH   SOLE   1,004,098 0 0
ORACLE CORP COM 68389X105 211 4,900 SH   SOLE   4,900 0 0
PACCAR INC COM 693718108 2,286 36,200 SH   SOLE   36,200 0 0
PACWEST BANCORP DEL COM 695263103 3,517 75,000 SH   SOLE   75,000 0 0
PATRICK INDS INC COM 703343103 6,227 100,000 SH   SOLE   100,000 0 0
PENNEY J C INC COM 708160106 11,926 1,418,100 SH   SOLE   1,418,100 0 0
PEPCO HOLDINGS INC COM 713291102 2,815 104,904 SH   SOLE   104,904 0 0
PFIZER INC COM 717081103 10,397 298,850 SH   SOLE   298,850 0 0
PG&E CORP COM 69331C108 77,100 1,452,799 SH   SOLE   1,452,799 0 0
PHILIP MORRIS INTL INC COM 718172109 2,659 35,300 SH   SOLE   35,300 0 0
PIEDMONT NAT GAS INC COM 720186105 34,724 940,782 SH   SOLE   940,782 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 10,972 485,700 SH   SOLE   485,700 0 0
PINNACLE FOODS INC DEL COM 72348P104 16,810 411,900 SH   SOLE   411,900 0 0
PLAINS GP HLDGS L P SH A REP LTPN 72651A108 35,811 1,262,277 SH   SOLE   1,262,277 0 0
PNC FINL SVCS GROUP INC COM 693475105 3,170 34,000 SH   SOLE   34,000 0 0
POPULAR INC COM NEW 733174700 4,815 140,000 SH   SOLE   140,000 0 0
PPL CORP COM 69351T106 4,663 138,535 SH   SOLE   138,535 0 0
PROCTER & GAMBLE CO COM 742718109 8,255 100,750 SH   SOLE   100,750 0 0
PROGRESSIVE CORP OHIO COM 743315103 2,413 88,700 SH   SOLE   88,700 0 0
PROLOGIS INC COM 74340W103 1,873 43,000 SH   SOLE   43,000 0 0
PROVIDENT FINL SVCS INC COM 74386T105 9,325 500,000 SH   SOLE   500,000 0 0
PRUDENTIAL FINL INC COM 744320102 2,971 37,000 SH   SOLE   37,000 0 0
PUBLIC STORAGE COM 74460D109 2,563 13,000 SH   SOLE   13,000 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 53,858 1,284,790 SH   SOLE   1,284,790 0 0
QUESTAR CORP COM 748356102 37,213 1,559,619 SH   SOLE   1,559,619 0 0
RADIAN GROUP INC COM 750236101 2,267 135,000 SH   SOLE   135,000 0 0
REGIONS FINL CORP NEW COM 7591EP100 3,430 363,000 SH   SOLE   363,000 0 0
REINSURANCE GROUP AMER INC COM NEW 759351604 15,758 169,100 SH   SOLE   169,100 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 5,481 398,600 SH   SOLE   398,600 0 0
RGC RES INC COM 74955L103 1,220 58,219 SH   SOLE   58,219 0 0
RITE AID CORP COM 767754104 2,773 319,100 SH   SOLE   319,100 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 2,807 46,500 SH   SOLE   46,500 0 0
RPM INTL INC COM 749685103 14,253 297,000 SH   SOLE   297,000 0 0
RYDER SYS INC COM 783549108 14,309 150,800 SH   SOLE   150,800 0 0
SANDISK CORP COM 80004C101 1,883 29,600 SH   SOLE   29,600 0 0
SCANA CORP NEW COM 80589M102 16,413 298,466 SH   SOLE   298,466 0 0
SCIENCE APPLICATNS INTL CP COM 808625107 5,428 105,700 SH   SOLE   105,700 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 2,461 47,300 SH   SOLE   47,300 0 0
SEALED AIR CORP NEW COM 81211K100 23,559 517,100 SH   SOLE   517,100 0 0
SEMPRA ENERGY COM 816851109 105,579 968,440 SH   SOLE   968,440 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 3,464 105,000 SH   SOLE   105,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109 2,250 11,500 SH   SOLE   11,500 0 0
SKECHERS U S A INC CL A 830566105 24,413 339,500 SH   SOLE   339,500 0 0
SOUTH JERSEY INDS INC COM 838518108 13,344 245,828 SH   SOLE   245,828 0 0
SOUTHERN COPPER CORP COM 84265V105 2,521 86,400 SH   SOLE   86,400 0 0
SOUTHWEST AIRLS CO COM 844741108 2,538 57,300 SH   SOLE   57,300 0 0
SOUTHWEST GAS CORP COM 844895102 31,741 545,667 SH   SOLE   545,667 0 0
SPECTRA ENERGY CORP COM 847560109 107,639 2,975,915 SH   SOLE   2,975,915 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 6,030 115,500 SH   SOLE   115,500 0 0
SQUARE 1 FINL INC CL A 85223W101 3,882 145,000 SH   SOLE   145,000 0 0
STAPLES INC COM 855030102 8,333 511,700 SH   SOLE   511,700 0 0
STEEL DYNAMICS INC COM 858119100 12,458 619,800 SH   SOLE   619,800 0 0
STONEGATE MTG CORP COM 86181Q300 162 15,000 SH   SOLE   15,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,650 90,600 SH   SOLE   90,600 0 0
SUNTRUST BKS INC COM 867914103 3,410 83,000 SH   SOLE   83,000 0 0
SUPER MICRO COMPUTER INC COM 86800U104 4,746 142,900 SH   SOLE   142,900 0 0
SYNCHRONY FINL COM 87165B103 2,185 72,000 SH   SOLE   72,000 0 0
SYNOVUS FINL CORP COM NEW 87161C501 9,523 340,000 SH   SOLE   340,000 0 0
SYSCO CORP COM 871829107 2,686 71,200 SH   SOLE   71,200 0 0
TAKE-TWO INTERACTIVE SOFTWARE COM 874054109 14,881 584,600 SH   SOLE   584,600 0 0
TECO ENERGY INC COM 872375100 7,454 384,236 SH   SOLE   384,236 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 11,496 232,200 SH   SOLE   232,200 0 0
TERADATA CORP DEL COM 88076W103 2,379 53,900 SH   SOLE   53,900 0 0
TESORO CORP COM 881609101 5,760 63,100 SH   SOLE   63,100 0 0
THOMSON REUTERS CORP COM 884903105 2,912 71,800 SH   SOLE   71,800 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 2,794 65,200 SH   SOLE   65,200 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 6,137 361,400 SH   SOLE   361,400 0 0
TRANSCANADA CORP COM 89353D107 104,725 2,451,427 SH   SOLE   2,451,427 0 0
TRAVELCENTERS AMER LLC COM 894174101 7,149 409,900 SH   SOLE   409,900 0 0
TRAVELERS COMPANIES INC COM 89417E109 541 5,000 SH   SOLE   5,000 0 0
U S CONCRETE INC COM NEW 90333L201 6,278 185,300 SH   SOLE   185,300 0 0
UGI CORP NEW COM NEW 902681105 26,991 828,202 SH   SOLE   828,202 0 0
UIL HLDG CORP COM 902748102 14,070 273,633 SH   SOLE   273,633 0 0
UMPQUA HLDGS CORP COM 904214103 4,381 255,000 SH   SOLE   255,000 0 0
UNITED CONTL HLDGS INC COM 910047109 5,615 83,500 SH   SOLE   83,500 0 0
UNITED FINL BANCORP INC NEW COM 910304104 4,537 365,000 SH   SOLE   365,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 5,950 50,300 SH   SOLE   50,300 0 0
UNITIL CORP COM 913259107 3,160 90,871 SH   SOLE   90,871 0 0
US BANCORP DEL COM NEW 902973304 3,144 72,000 SH   SOLE   72,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 6,527 102,600 SH   SOLE   102,600 0 0
VALSPAR CORP COM 920355104 14,478 172,300 SH   SOLE   172,300 0 0
VECTREN CORP COM 92240G101 19,573 443,428 SH   SOLE   443,428 0 0
VENTAS INC COM 92276F100 2,629 36,000 SH   SOLE   36,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,372 233,850 SH   SOLE   233,850 0 0
VIACOM INC NEW CL B 92553P201 2,404 35,200 SH   SOLE   35,200 0 0
VISA INC CL A 92826C839 4,003 61,200 SH   SOLE   61,200 0 0
VORNADO RLTY TR SH BEN INT 929042109 2,128 19,000 SH   SOLE   19,000 0 0
VOYA FINL INC COM 929089100 14,808 343,500 SH   SOLE   343,500 0 0
WASHINGTON FED INC COM 938824109 9,540 437,500 SH   SOLE   437,500 0 0
WASTE MGMT INC DEL COM 94106L109 2,950 54,400 SH   SOLE   54,400 0 0
WEBSTER FINL CORP CONN COM 947890109 834 22,500 SH   SOLE   22,500 0 0
WELLS FARGO & CO NEW COM 949746101 3,210 59,000 SH   SOLE   59,000 0 0
WEST CORP COM 952355204 5,538 164,200 SH   SOLE   164,200 0 0
WESTERN UN CO COM 959802109 2,857 137,300 SH   SOLE   137,300 0 0
WEYERHAEUSER CO COM 962166104 2,715 81,900 SH   SOLE   81,900 0 0
WGL HLDGS INC COM 92924F106 31,005 549,737 SH   SOLE   549,737 0 0
WILLIAMS COS INC DEL COM 969457100 109,707 2,168,557 SH   SOLE   2,168,557 0 0
WINDSTREAM HLDGS INC COM 97382A101 9,337 1,261,800 SH   SOLE   1,261,800 0 0
WINTRUST FINL CORP COM 97650W108 8,106 170,000 SH   SOLE   170,000 0 0
WISCONSIN ENERGY CORP COM 976657106 10,408 210,260 SH   SOLE   210,260 0 0
WSFS FINL CORP COM 929328102 5,672 75,000 SH   SOLE   75,000 0 0
XCEL ENERGY INC COM 98389B100 22,936 658,899 SH   SOLE   658,899 0 0
ZIONS BANCORPORATION COM 989701107 5,130 190,000 SH   SOLE   190,000 0 0
ZUMIEZ INC COM 989817101 6,046 150,200 SH   SOLE   150,200 0 0