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
AIR PRODS & CHEMS INC COM 009158106 3,782 26,300 SH   SOLE   26,300 0 0
ANADARKO PETE CORP COM 032511107 18,723 268,500 SH   SOLE   268,500 0 0
ARCONIC INC COM 03965L100 1,861 100,366 SH   SOLE   100,366 0 0
BAKER HUGHES INC COM 057224107 5,854 90,100 SH   SOLE   90,100 0 0
CALLON PETE CO DEL COM 13123X102 3,792 246,700 SH   SOLE   246,700 0 0
CHEVRON CORP NEW COM 166764100 67,748 575,600 SH   SOLE   575,600 0 0
CIMAREX ENERGY CO COM 171798101 10,682 78,600 SH   SOLE   78,600 0 0
CONCHO RES INC COM 20605P101 11,457 86,400 SH   SOLE   86,400 0 0
CONOCOPHILLIPS COM 20825C104 27,136 541,200 SH   SOLE   541,200 0 0
DOW CHEM CO COM 260543103 25,489 445,456 SH   SOLE   445,456 0 0
DU PONT E I DE NEMOURS CO COM 263534109 10,849 147,800 SH   SOLE   147,800 0 0
EASTMAN CHEM CO COM 277432100 8,672 115,300 SH   SOLE   115,300 0 0
EOG RES INC COM 26875P101 19,765 195,500 SH   SOLE   195,500 0 0
EQT CORP COM 26884L109 7,044 107,700 SH   SOLE   107,700 0 0
EXXON MOBIL CORP COM 30231G102 127,215 1,409,430 SH   SOLE   1,409,430 0 0
FORUM ENERGY TECHNOLOGIES I COM 34984V100 3,344 152,000 SH   SOLE   152,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 4,733 358,800 SH   SOLE   358,800 0 0
HALLIBURTON CO COM 406216101 25,199 465,870 SH   SOLE   465,870 0 0
HB FULLER CO COM 359694106 7,966 164,900 SH   SOLE   164,900 0 0
HOLLYFRONTIER CORP COM 436106108 5,807 177,250 SH   SOLE   177,250 0 0
KINDER MORGAN INC DEL COM 49456B101 13,803 666,500 SH   SOLE   666,500 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 19,609 228,600 SH   SOLE   228,600 0 0
MARATHON OIL CORP COM 565849106 10,454 603,900 SH   SOLE   603,900 0 0
MARATHON PETE CORP COM 56585A102 14,571 289,400 SH   SOLE   289,400 0 0
MONSANTO CO NEW COM 61166W101 15,824 150,400 SH   SOLE   150,400 0 0
NATIONAL OILWELL VARCO INC COM 637071101 4,998 133,500 SH   SOLE   133,500 0 0
NOBLE ENERGY INC COM 655044105 11,060 290,600 SH   SOLE   290,600 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 26,982 378,800 SH   SOLE   378,800 0 0
OIL STS INTL INC COM 678026105 6,630 170,000 SH   SOLE   170,000 0 0
PACKAGING CORP AMER COM 695156109 4,478 52,800 SH   SOLE   52,800 0 0
PHILLIPS 66 COM 718546104 4,448 51,475 SH   SOLE   51,475 0 0
PIONEER NAT RES CO COM 723787107 14,550 80,800 SH   SOLE   80,800 0 0
PPG INDS INC COM 693506107 11,921 125,800 SH   SOLE   125,800 0 0
RANGE RES CORP COM 75281A109 4,999 145,500 SH   SOLE   145,500 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 2,227 28,000 SH   SOLE   28,000 0 0
RSP PERMIAN INC COM 74978Q105 6,104 136,800 SH   SOLE   136,800 0 0
SCHLUMBERGER LTD COM 806857108 43,721 520,800 SH   SOLE   520,800 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2,977 59,900 SH   SOLE   59,900 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,858 35,200 SH   SOLE   35,200 0 0
SPECTRA ENERGY CORP COM 847560109 7,515 182,900 SH   SOLE   182,900 0 0
STEEL DYNAMICS INC COM 858119100 1,982 55,700 SH   SOLE   55,700 0 0
TARGA RES CORP COM 87612G101 5,058 90,200 SH   SOLE   90,200 0 0
VALERO ENERGY CORP COM 91913Y100 20,510 300,200 SH   SOLE   300,200 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 5,682 1,138,600 SH   SOLE   1,138,600 0 0
WHITING PETE CORP NEW COM 966387102 3,023 251,500 SH   SOLE   251,500 0 0
WILLIAMS COS INC DEL COM 969457100 7,555 242,600 SH   SOLE   242,600 0 0