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
ALCOA INC COM 013817101 5,692 614,000 SH   SOLE   614,000 0 0
ANADARKO PETE CORP COM 032511107 14,644 275,000 SH   SOLE   275,000 0 0
BAKER HUGHES INC COM 057224107 4,066 90,100 SH   SOLE   90,100 0 0
CF INDS HLDGS INC COM 125269100 6,356 263,745 SH   SOLE   263,745 0 0
CHEVRON CORP NEW COM 166764100 61,975 591,200 SH   SOLE   591,200 0 0
CIMAREX ENERGY CO COM 171798101 11,467 96,100 SH   SOLE   96,100 0 0
CONCHO RES INC COM 20605P101 12,333 103,400 SH   SOLE   103,400 0 0
CONOCOPHILLIPS COM 20825C104 21,412 491,100 SH   SOLE   491,100 0 0
DOW CHEM CO COM 260543103 22,323 449,056 SH   SOLE   449,056 0 0
DU PONT E I DE NEMOURS CO COM 263534109 9,577 147,800 SH   SOLE   147,800 0 0
EASTMAN CHEM CO COM 277432100 8,100 119,300 SH   SOLE   119,300 0 0
EOG RES INC COM 26875P101 26,886 322,300 SH   SOLE   322,300 0 0
EQT CORP COM 26884L109 10,352 133,700 SH   SOLE   133,700 0 0
EXXON MOBIL CORP COM 30231G102 131,679 1,404,730 SH   SOLE   1,404,730 0 0
FIRST SOLAR INC COM 336433107 3,481 71,800 SH   SOLE   71,800 0 0
FREEPORT-MCMORAN INC CL B 35671D857 2,763 248,000 SH   SOLE   248,000 0 0
HALLIBURTON CO COM 406216101 22,952 506,770 SH   SOLE   506,770 0 0
HB FULLER CO COM 359694106 7,817 177,700 SH   SOLE   177,700 0 0
KINDER MORGAN INC DEL COM 49456B101 10,128 541,000 SH   SOLE   541,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 17,935 241,000 SH   SOLE   241,000 0 0
MARATHON OIL CORP COM 565849106 11,148 742,700 SH   SOLE   742,700 0 0
MARATHON PETE CORP COM 56585A102 13,396 352,900 SH   SOLE   352,900 0 0
MONSANTO CO NEW COM 61166W101 13,702 132,500 SH   SOLE   132,500 0 0
NATIONAL OILWELL VARCO INC COM 637071101 4,492 133,500 SH   SOLE   133,500 0 0
NOBLE ENERGY INC COM 655044105 10,844 302,300 SH   SOLE   302,300 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 24,300 321,600 SH   SOLE   321,600 0 0
OIL STS INTL INC COM 678026105 5,590 170,000 SH   SOLE   170,000 0 0
PACKAGING CORP AMER COM 695156109 5,515 82,400 SH   SOLE   82,400 0 0
PBF ENERGY INC COM 69318G106 4,259 179,100 SH   SOLE   179,100 0 0
PHILLIPS 66 COM 718546104 2,473 31,175 SH   SOLE   31,175 0 0
PIONEER NAT RES CO COM 723787107 13,548 89,600 SH   SOLE   89,600 0 0
PPG INDS INC COM 693506107 13,748 132,000 SH   SOLE   132,000 0 0
RSP PERMIAN INC COM 74978Q105 5,129 147,000 SH   SOLE   147,000 0 0
SCHLUMBERGER LTD COM 806857108 44,506 562,800 SH   SOLE   562,800 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 4,454 35,200 SH   SOLE   35,200 0 0
SPECTRA ENERGY CORP COM 847560109 16,718 456,400 SH   SOLE   456,400 0 0
VALERO ENERGY CORP COM 91913Y100 15,999 313,700 SH   SOLE   313,700 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 6,770 1,219,800 SH   SOLE   1,219,800 0 0
WHITING PETE CORP NEW COM 966387102 2,329 251,500 SH   SOLE   251,500 0 0
WILLIAMS COS INC DEL COM 969457100 5,247 242,600 SH   SOLE   242,600 0 0