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
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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 Products and Chemicals, Inc. COM 009158106 8,785 34,300 SH   SOLE   34,300 0 0
Albemarle Corporation COM 012653101 1,971 9,000 SH   SOLE   9,000 0 0
Amcor plc COM G0250X107 1,450 125,100 SH   SOLE   125,100 0 0
APA Corporation COM 03743Q108 1,279 59,700 SH   SOLE   59,700 0 0
Avery Dennison Corporation COM 053611109 1,140 5,500 SH   SOLE   5,500 0 0
Baker Hughes Company COM 05722G100 4,251 171,900 SH   SOLE   171,900 0 0
Ball Corporation COM 058498106 2,618 29,100 SH   SOLE   29,100 0 0
Cabot Oil & Gas Corporation COM 127097103 2,226 102,300 SH   SOLE   102,300 0 0
Canadian Natural Resources Limited COM 136385101 1,747 47,800 SH   SOLE   47,800 0 0
Celanese Corporation COM 150870103 4,459 29,600 SH   SOLE   29,600 0 0
Cenovus Energy Inc. COM 15135U109 1,979 196,700 SH   SOLE   196,700 0 0
CF Industries Holdings, Inc. COM 125269100 2,473 44,300 SH   SOLE   44,300 0 0
Chevron Corporation COM 166764100 56,933 561,191 SH   SOLE   561,191 0 0
ConocoPhillips COM 20825C104 32,714 482,726 SH   SOLE   482,726 0 0
Corteva Inc. COM 22052L104 2,788 66,245 SH   SOLE   66,245 0 0
Devon Energy Corporation COM 25179M103 9,598 270,300 SH   SOLE   270,300 0 0
Diamondback Energy, Inc. COM 25278X109 10,016 105,800 SH   SOLE   105,800 0 0
Dow, Inc. COM 260557103 3,784 65,745 SH   SOLE   65,745 0 0
DuPont de Nemours, Inc. COM 26614N102 3,025 44,487 SH   SOLE   44,487 0 0
Eastman Chemical Company COM 277432100 897 8,900 SH   SOLE   8,900 0 0
Ecolab Inc. COM 278865100 6,592 31,600 SH   SOLE   31,600 0 0
EOG Resources, Inc. COM 26875P101 18,390 229,100 SH   SOLE   229,100 0 0
Exxon Mobil Corporation COM 30231G102 74,915 1,273,630 SH   SOLE   1,273,630 0 0
FMC Corporation COM 302491303 961 10,500 SH   SOLE   10,500 0 0
Freeport-McMoRan, Inc. COM 35671D857 7,329 225,300 SH   SOLE   225,300 0 0
Halliburton Company COM 406216101 3,681 170,270 SH   SOLE   170,270 0 0
Hess Corporation COM 42809H107 6,686 85,600 SH   SOLE   85,600 0 0
International Flavors & Fragrances Inc. COM 459506101 2,809 21,006 SH   SOLE   21,006 0 0
International Paper Company COM 460146103 1,577 28,200 SH   SOLE   28,200 0 0
Kinder Morgan, Inc. COM 49456B101 7,769 464,400 SH   SOLE   464,400 0 0
Linde plc COM G5494J103 17,456 59,500 SH   SOLE   59,500 0 0
LyondellBasell Industries N.V. COM N53745100 5,002 53,300 SH   SOLE   53,300 0 0
Marathon Oil Corporation COM 565849106 5,489 401,500 SH   SOLE   401,500 0 0
Marathon Petroleum Corporation COM 56585A102 16,564 267,985 SH   SOLE   267,985 0 0
Martin Marietta Materials, Inc. COM 573284106 1,538 4,500 SH   SOLE   4,500 0 0
Mosaic Company COM 61945C103 750 21,001 SH   SOLE   21,001 0 0
Newmont Corporation COM 651639106 5,142 94,700 SH   SOLE   94,700 0 0
Nucor Corporation COM 670346105 2,078 21,100 SH   SOLE   21,100 0 0
Occidental Petroleum Corporation COM 674599105 4,764 161,051 SH   SOLE   161,051 0 0
ONEOK, Inc. COM 682680103 10,792 186,100 SH   SOLE   186,100 0 0
Packaging Corporation of America COM 695156109 1,045 7,600 SH   SOLE   7,600 0 0
Phillips 66 COM 718546104 7,898 112,775 SH   SOLE   112,775 0 0
Pioneer Natural Resources Company COM 723787107 8,775 52,700 SH   SOLE   52,700 0 0
PPG Industries, Inc. COM 693506107 2,817 19,700 SH   SOLE   19,700 0 0
Schlumberger N.V. COM 806857108 16,776 566,000 SH   SOLE   566,000 0 0
Sealed Air Corporation COM 81211K100 3,244 59,200 SH   SOLE   59,200 0 0
Sherwin-Williams Company COM 824348106 10,462 37,400 SH   SOLE   37,400 0 0
Steel Dynamics, Inc. COM 858119100 2,105 36,000 SH   SOLE   36,000 0 0
Valero Energy Corporation COM 91913Y100 12,018 170,300 SH   SOLE   170,300 0 0
Vulcan Materials Company COM 929160109 1,658 9,800 SH   SOLE   9,800 0 0
WestRock Company COM 96145D105 1,106 22,200 SH   SOLE   22,200 0 0
Williams Companies, Inc. COM 969457100 9,393 362,100 SH   SOLE   362,100 0 0
Whiting Petroleum Corporation COM 966387508 28 476 SH   SOLE   476 0 0