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 562 3,700 SH   SOLE   0 0 3,700
ABBOTT LABORATORIES COM 002824100 412 9,100 SH   SOLE   0 0 9,100
ABBVIE INC COM 00287Y109 1,561 26,100 SH   SOLE   17,000 0 9,100
ACCENTURE PLC-CL A COM G1151C101 360 3,400 SH   SOLE   0 0 3,400
AETNA INC COM 00817Y108 1,122 10,300 SH   SOLE   1,000 0 9,300
AGRIUM INC COM 008916108 14,646 162,338 SH   SOLE   162,338 0 0
ALCOA INC COM 013817101 4,751 477,000 SH   SOLE   477,000 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 2,048 7,400 SH   SOLE   0 0 7,400
ALLY FINANCIAL INC COM 02005N100 1,875 100,591 SH   SOLE   0 0 100,591
ALPHABET INC-CL A COM 02079K305 1,423 1,800 SH   SOLE   0 0 1,800
ALPHABET INC-CL C COM 02079K107 1,391 1,804 SH   SOLE   0 0 1,804
ALTRIA GROUP INC COM 02209S103 1,317 22,400 SH   SOLE   22,400 0 0
AMAZON.COM INC COM 023135106 2,687 3,900 SH   SOLE   0 0 3,900
AMERICAN ELECTRIC POWER COM 025537101 106 1,800 SH   SOLE   1,800 0 0
AMERICAN EXPRESS CO COM 025816109 428 6,100 SH   SOLE   0 0 6,100
AMERICAN INTERNATIONAL GROUP COM 026874784 500 8,000 SH   SOLE   0 0 8,000
AMERICAN TOWER CORP COM 03027X100 471 4,800 SH   SOLE   0 0 4,800
AMGEN INC COM 031162100 686 4,200 SH   SOLE   0 0 4,200
ANADARKO PETROLEUM CORP COM 032511107 15,503 320,436 SH   SOLE   317,236 0 3,200
ANGLOGOLD ASHANTI-SPON ADR COM 035128206 5,831 829,500 SH   SOLE   829,500 0 0
APPLE INC COM 037833100 3,187 29,700 SH   SOLE   0 0 29,700
ARCHER-DANIELS-MIDLAND CO COM 039483102 27,321 740,799 SH   SOLE   740,799 0 0
AT&T INC COM 00206R102 3,676 105,800 SH   SOLE   70,400 0 35,400
AXIALL CORP COM 05463D100 5,213 336,542 SH   SOLE   336,542 0 0
BAKER HUGHES INC COM 057224107 10,550 230,545 SH   SOLE   230,545 0 0
BANCO BRADESCO-ADR COM 059460303 256 53,120 SH   SOLE   0 0 53,120
BANK OF AMERICA CORP COM 060505104 977 57,300 SH   SOLE   0 0 57,300
BANK OF NEW YORK MELLON CORP COM 064058100 326 7,900 SH   SOLE   0 0 7,900
BANK OF NOVA SCOTIA COM 064149107 386 6,700 SH   SOLE   0 0 6,700
BARRICK GOLD CORP COM 067901108 8,956 1,215,200 SH   SOLE   1,215,200 0 0
BCE INC COM 05534B760 168 3,100 SH   SOLE   3,100 0 0
BERKSHIRE HATHAWAY INC-CL B COM 084670702 2,785 20,900 SH   SOLE   0 0 20,900
BHP BILLITON PLC-ADR COM 05545E209 29,452 1,290,612 SH   SOLE   1,290,612 0 0
BIOGEN INC COM 09062X103 401 1,300 SH   SOLE   0 0 1,300
BLACKROCK INC COM 09247X101 239 700 SH   SOLE   0 0 700
BP PLC-SPONS ADR COM 055622104 22,510 718,938 SH   SOLE   718,938 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 653 9,400 SH   SOLE   0 0 9,400
CABOT OIL & GAS CORP COM 127097103 8,787 516,557 SH   SOLE   516,557 0 0
CANADIAN NATL RAILWAY CO COM 136375102 353 4,500 SH   SOLE   0 0 4,500
CANADIAN NATURAL RESOURCES COM 136385101 9,163 419,930 SH   SOLE   419,930 0 0
CAPITAL ONE FINANCIAL CORP COM 14040H105 2,116 28,900 SH   SOLE   0 0 28,900
CELGENE CORP COM 151020104 555 4,600 SH   SOLE   0 0 4,600
CF INDUSTRIES HOLDINGS INC COM 125269100 5,570 135,330 SH   SOLE   135,330 0 0
CHEVRON CORP COM 166764100 30,921 343,230 SH   SOLE   327,130 0 16,100
CHINA PETROLEUM & CHEM-ADR COM 16941R108 4,442 73,990 SH   SOLE   73,990 0 0
CISCO SYSTEMS INC COM 17275R102 2,357 85,600 SH   SOLE   58,700 0 26,900
CITIGROUP INC COM 172967424 2,803 53,600 SH   SOLE   0 0 53,600
CNOOC LTD-SPON ADR COM 126132109 4,744 45,452 SH   SOLE   45,452 0 0
COBALT INTERNATIONAL ENERGY COM 19075F106 3,076 583,712 SH   SOLE   583,712 0 0
COCA-COLA CO/THE COM 191216100 932 21,400 SH   SOLE   0 0 21,400
COGNIZANT TECH SOLUTIONS-A COM 192446102 586 9,608 SH   SOLE   0 0 9,608
COLGATE-PALMOLIVE CO COM 194162103 351 5,200 SH   SOLE   0 0 5,200
COMCAST CORP-CLASS A COM 20030N101 686 12,100 SH   SOLE   0 0 12,100
CONCHO RESOURCES INC COM 20605P101 9,698 105,900 SH   SOLE   105,900 0 0
CONOCOPHILLIPS COM 20825C104 8,215 176,268 SH   SOLE   137,200 0 39,068
COSTCO WHOLESALE CORP COM 22160K105 439 2,700 SH   SOLE   0 0 2,700
CVS HEALTH CORP COM 126650100 2,419 24,500 SH   SOLE   0 0 24,500
DIAMONDBACK ENERGY INC COM 25278X109 5,724 86,700 SH   SOLE   86,700 0 0
DICK'S SPORTING GOODS INC COM 253393102 841 23,886 SH   SOLE   0 0 23,886
DOLLAR GENERAL CORP COM 256677105 2,502 34,700 SH   SOLE   0 0 34,700
DOMINION RESOURCES INC/VA COM 25746U109 227 3,300 SH   SOLE   0 0 3,300
DOW CHEMICAL CO/THE COM 260543103 20,430 395,468 SH   SOLE   388,468 0 7,000
DRIL-QUIP INC COM 262037104 6,850 115,249 SH   SOLE   115,249 0 0
DU PONT (E.I.) DE NEMOURS COM 263534109 364 5,400 SH   SOLE   0 0 5,400
DUKE ENERGY CORP COM 26441C204 513 7,100 SH   SOLE   0 0 7,100
ELDORADO GOLD CORP COM 284902103 5,507 1,835,783 SH   SOLE   1,835,783 0 0
ELI LILLY & CO COM 532457108 465 5,400 SH   SOLE   0 0 5,400
EOG RESOURCES INC COM 26875P101 8,494 120,300 SH   SOLE   113,400 0 6,900
EQT CORP COM 26884L109 9,154 178,064 SH   SOLE   178,064 0 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 422 4,800 SH   SOLE   0 0 4,800
EXXON MOBIL CORP COM 30231G102 43,117 551,993 SH   SOLE   522,421 0 29,572
FACEBOOK INC-A COM 30303M102 1,158 10,900 SH   SOLE   0 0 10,900
FEDEX CORP COM 31428X106 269 1,800 SH   SOLE   0 0 1,800
FMC TECHNOLOGIES INC COM 30249U101 7,256 248,832 SH   SOLE   248,832 0 0
FNF GROUP COM 31620R303 1,019 29,400 SH   SOLE   0 0 29,400
FORD MOTOR CO COM 345370860 283 20,000 SH   SOLE   0 0 20,000
FREEPORT-MCMORAN INC COM 35671D857 10,960 1,618,947 SH   SOLE   1,618,947 0 0
FRONTIER COMMUNICATIONS CORP COM 35906A108 0 1 SH   SOLE   0 0 1
GENERAL DYNAMICS CORP COM 369550108 139 1,000 SH   SOLE   1,000 0 0
GENERAL ELECTRIC CO COM 369604103 1,596 51,400 SH   SOLE   0 0 51,400
GENERAL MOTORS CO COM 37045V100 371 10,800 SH   SOLE   2,600 0 8,200
GILEAD SCIENCES INC COM 375558103 899 8,800 SH   SOLE   0 0 8,800
GOLDCORP INC COM 380956409 10,340 897,563 SH   SOLE   897,563 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 382 2,100 SH   SOLE   0 0 2,100
GULFPORT ENERGY CORP COM 402635304 4,824 209,000 SH   SOLE   209,000 0 0
HALLIBURTON CO COM 406216101 11,543 338,200 SH   SOLE   338,200 0 0
HCA HOLDINGS INC COM 40412C101 944 13,800 SH   SOLE   0 0 13,800
HESS CORP COM 42809H107 6,477 134,470 SH   SOLE   134,470 0 0
HOLLYFRONTIER CORP COM 436106108 3,989 100,200 SH   SOLE   100,200 0 0
HOME DEPOT INC COM 437076102 1,040 7,800 SH   SOLE   0 0 7,800
HP INC COM 40434L105 992 83,800 SH   SOLE   0 0 83,800
INTEL CORP COM 458140100 1,441 41,200 SH   SOLE   14,900 0 26,300
INTERNATIONAL PAPER CO COM 460146103 22,967 601,219 SH   SOLE   601,219 0 0
INTL BUSINESS MACHINES CORP COM 459200101 2,368 17,000 SH   SOLE   11,600 0 5,400
ISRAEL CHEMICALS LTD COM M5920A109 2,926 720,583 SH   SOLE   720,583 0 0
JOHNSON & JOHNSON COM 478160104 1,629 15,700 SH   SOLE   0 0 15,700
JPMORGAN CHASE & CO COM 46625H100 1,342 20,149 SH   SOLE   0 0 20,149
KINDER MORGAN INC COM 49456B101 2,215 152,400 SH   SOLE   142,600 0 9,800
LEGGETT & PLATT INC COM 524660107 502 11,800 SH   SOLE   11,800 0 0
LIBERTY INTERACTIVE CORP Q-A COM 53071M104 2,126 78,200 SH   SOLE   0 0 78,200
LOWE'S COS INC COM 548661107 515 6,700 SH   SOLE   0 0 6,700
LYONDELLBASELL INDU-CL A COM N53745100 667 7,600 SH   SOLE   7,600 0 0
MARATHON OIL CORP COM 565849106 8,007 646,780 SH   SOLE   646,780 0 0
MARTIN MARIETTA MATERIALS COM 573284106 9,241 67,311 SH   SOLE   67,311 0 0
MASTERCARD INC-CLASS A COM 57636Q104 554 5,600 SH   SOLE   0 0 5,600
MCDONALD'S CORP COM 580135101 1,971 16,500 SH   SOLE   10,700 0 5,800
MCKESSON CORP COM 58155Q103 238 1,200 SH   SOLE   0 0 1,200
MEDTRONIC PLC COM G5960L103 612 7,900 SH   SOLE   0 0 7,900
MERCK & CO. INC. COM 58933Y105 2,566 48,200 SH   SOLE   32,100 0 16,100
METLIFE INC COM 59156R108 266 5,460 SH   SOLE   0 0 5,460
MICROSOFT CORP COM 594918104 2,911 51,700 SH   SOLE   700 0 51,000
MOHAWK INDUSTRIES INC COM 608190104 2,108 11,100 SH   SOLE   0 0 11,100
MONDELEZ INTERNATIONAL INC-A COM 609207105 437 9,600 SH   SOLE   0 0 9,600
MONSANTO CO COM 61166W101 26,483 267,800 SH   SOLE   264,900 0 2,900
MORGAN STANLEY COM 617446448 300 9,300 SH   SOLE   0 0 9,300
MOSAIC CO/THE COM 61945C103 20,623 727,429 SH   SOLE   727,429 0 0
NETFLIX INC COM 64110L106 245 2,100 SH   SOLE   0 0 2,100
NEXTERA ENERGY INC COM 65339F101 262 2,500 SH   SOLE   0 0 2,500
NIKE INC -CL B COM 654106103 506 8,000 SH   SOLE   0 0 8,000
NOBLE ENERGY INC COM 655044105 11,177 346,900 SH   SOLE   346,900 0 0
NUCOR CORP COM 670346105 16,094 398,962 SH   SOLE   398,962 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 16,768 250,200 SH   SOLE   245,500 0 4,700
OCEANEERING INTL INC COM 675232102 7,384 197,157 SH   SOLE   197,157 0 0
ORACLE CORP COM 68389X105 738 20,000 SH   SOLE   0 0 20,000
PACKAGING CORP OF AMERICA COM 695156109 474 7,400 SH   SOLE   7,400 0 0
PAYPAL HOLDINGS INC COM 70450Y103 230 6,300 SH   SOLE   0 0 6,300
PEPSICO INC COM 713448108 900 8,900 SH   SOLE   0 0 8,900
PETROCHINA CO LTD -ADR COM 71646E100 5,218 79,333 SH   SOLE   79,333 0 0
PETROLEO BRASILEIRO-SPON ADR COM 71654V408 3,091 727,300 SH   SOLE   727,300 0 0
PFIZER INC COM 717081103 3,463 105,741 SH   SOLE   70,700 0 35,041
PHILLIPS 66 COM 718546104 6,069 74,000 SH   SOLE   74,000 0 0
PIONEER NATURAL RESOURCES CO COM 723787107 12,385 99,500 SH   SOLE   99,500 0 0
PNC FINANCIAL SERVICES GROUP COM 693475105 288 3,000 SH   SOLE   0 0 3,000
POTASH CORP OF SASKATCHEWAN COM 73755L107 16,554 949,196 SH   SOLE   949,196 0 0
PRICELINE GROUP INC/THE COM 741503403 387 300 SH   SOLE   0 0 300
PROCTER & GAMBLE CO/THE COM 742718109 1,184 14,788 SH   SOLE   0 0 14,788
QORVO INC COM 74736K101 976 18,900 SH   SOLE   0 0 18,900
QUALCOMM INC COM 747525103 449 8,900 SH   SOLE   0 0 8,900
RANDGOLD RESOURCES LTD-ADR COM 752344309 7,207 116,143 SH   SOLE   116,143 0 0
REYNOLDS AMERICAN INC COM 761713106 303 6,500 SH   SOLE   6,500 0 0
RICE ENERGY INC COM 762760106 3,018 296,200 SH   SOLE   296,200 0 0
RIO TINTO PLC-SPON ADR COM 767204100 27,053 929,964 SH   SOLE   929,964 0 0
ROWAN COMPANIES PLC-A COM G7665A101 4,086 243,500 SH   SOLE   243,500 0 0
ROYAL BANK OF CANADA COM 780087102 649 8,600 SH   SOLE   0 0 8,600
ROYAL DUTCH SHELL-SPON ADR-A COM 780259206 32,950 716,450 SH   SOLE   716,450 0 0
SCHLUMBERGER LTD COM 806857108 16,482 236,671 SH   SOLE   236,671 0 0
SEAGATE TECHNOLOGY COM G7945M107 416 11,200 SH   SOLE   11,200 0 0
SIMON PROPERTY GROUP INC COM 828806109 351 1,800 SH   SOLE   0 0 1,800
SM ENERGY CO COM 78454L100 4,934 270,807 SH   SOLE   270,807 0 0
SNAP-ON INC COM 833034101 2,241 13,000 SH   SOLE   0 0 13,000
SOUTHERN CO/THE COM 842587107 241 5,100 SH   SOLE   0 0 5,100
SOUTHERN COPPER CORP COM 84265V105 14,318 543,570 SH   SOLE   543,570 0 0
SPECTRA ENERGY CORP COM 847560109 560 23,600 SH   SOLE   23,600 0 0
STARBUCKS CORP COM 855244109 523 8,600 SH   SOLE   0 0 8,600
STEEL DYNAMICS INC COM 858119100 6,473 360,600 SH   SOLE   360,600 0 0
STEELCASE INC-CL A COM 858155203 1,744 116,440 SH   SOLE   0 0 116,440
SUNCOR ENERGY INC COM 867224107 336 9,400 SH   SOLE   0 0 9,400
SUPERIOR ENERGY SERVICES INC COM 868157108 8,015 598,592 SH   SOLE   598,592 0 0
SYNGENTA AG-ADR COM 87160A100 17,711 222,523 SH   SOLE   222,523 0 0
TAHOE RESOURCES INC COM 873868103 6,428 753,600 SH   SOLE   753,600 0 0
TECK RESOURCES LTD-CLS B COM 878742204 3,641 955,651 SH   SOLE   955,651 0 0
TEXAS INSTRUMENTS INC COM 882508104 382 6,800 SH   SOLE   0 0 6,800
THERMO FISHER SCIENTIFIC INC COM 883556102 300 2,100 SH   SOLE   0 0 2,100
TIME WARNER INC COM 887317303 291 4,511 SH   SOLE   0 0 4,511
TORONTO-DOMINION BANK COM 891160509 605 11,000 SH   SOLE   0 0 11,000
TOTAL SA-SPON ADR COM 89151E109 29,666 656,912 SH   SOLE   656,912 0 0
TRANSCANADA CORP COM 89353D107 796 17,600 SH   SOLE   17,600 0 0
TWENTY-FIRST CENTURY FOX-A COM 90130A101 238 8,700 SH   SOLE   0 0 8,700
UNION PACIFIC CORP COM 907818108 408 5,200 SH   SOLE   0 0 5,200
UNITED PARCEL SERVICE-CL B COM 911312106 427 4,400 SH   SOLE   0 0 4,400
UNITEDHEALTH GROUP INC COM 91324P102 714 6,000 SH   SOLE   0 0 6,000
US BANCORP COM 902973304 456 10,600 SH   SOLE   0 0 10,600
VALEANT PHARMACEUTICALS INTE COM 91911K102 241 1,700 SH   SOLE   0 0 1,700
VERIZON COMMUNICATIONS INC COM 92343V104 1,062 22,700 SH   SOLE   0 0 22,700
VISA INC-CLASS A SHARES COM 92826C839 878 11,200 SH   SOLE   0 0 11,200
WALGREENS BOOTS ALLIANCE INC COM 931427108 467 5,400 SH   SOLE   0 0 5,400
WAL-MART STORES INC COM 931142103 589 9,549 SH   SOLE   0 0 9,549
WALT DISNEY CO/THE COM 254687106 989 9,300 SH   SOLE   0 0 9,300
WASTE MANAGEMENT INC COM 94106L109 740 13,700 SH   SOLE   13,700 0 0
WEATHERFORD INTERNATIONAL PL COM H27013103 2,995 363,000 SH   SOLE   363,000 0 0
WELLS FARGO & CO COM 949746101 1,520 27,700 SH   SOLE   0 0 27,700
WEST CORP COM 952355204 1,797 81,400 SH   SOLE   0 0 81,400
WEYERHAEUSER CO COM 962166104 20,049 660,807 SH   SOLE   660,807 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 2,008 19,600 SH   SOLE   0 0 19,600