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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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 10,193 33,500 SH   SOLE   33,500 0 0
Albemarle Corporation COM 012653101 2,104 9,000 SH   SOLE   9,000 0 0
Amcor plc COM G0250X107 1,502 125,100 SH   SOLE   125,100 0 0
APA Corporation COM 03743Q108 1,605 59,700 SH   SOLE   59,700 0 0
Avery Dennison Corporation COM 053611109 1,191 5,500 SH   SOLE   5,500 0 0
Baker Hughes Company COM 05722G100 4,136 171,900 SH   SOLE   171,900 0 0
Ball Corporation COM 058498106 2,801 29,100 SH   SOLE   29,100 0 0
Canadian Natural Resources Limited COM 136385101 2,020 47,800 SH   SOLE   47,800 0 0
Celanese Corporation COM 150870103 4,722 28,100 SH   SOLE   28,100 0 0
Cenovus Energy Inc. COM 15135U109 2,170 176,700 SH   SOLE   176,700 0 0
CF Industries Holdings, Inc. COM 125269100 3,136 44,300 SH   SOLE   44,300 0 0
Cheniere Energy, Inc. COM 16411R208 2,637 26,000 SH   SOLE   26,000 0 0
Chevron Corporation COM 166764100 65,093 554,691 SH   SOLE   554,691 0 0
ConocoPhillips COM 20825C104 34,165 473,326 SH   SOLE   473,326 0 0
Corteva Inc. COM 22052L104 3,132 66,245 SH   SOLE   66,245 0 0
Coterra Energy Inc. COM 127097103 2,918 153,600 SH   SOLE   153,600 0 0
Devon Energy Corporation COM 25179M103 11,153 253,200 SH   SOLE   253,200 0 0
Diamondback Energy, Inc. COM 25278X109 10,688 99,100 SH   SOLE   99,100 0 0
Dow, Inc. COM 260557103 3,729 65,745 SH   SOLE   65,745 0 0
DuPont de Nemours, Inc. COM 26614N102 3,594 44,487 SH   SOLE   44,487 0 0
Eastman Chemical Company COM 277432100 1,076 8,900 SH   SOLE   8,900 0 0
Ecolab Inc. COM 278865100 7,929 33,800 SH   SOLE   33,800 0 0
EOG Resources, Inc. COM 26875P101 21,257 239,300 SH   SOLE   239,300 0 0
Exxon Mobil Corporation COM 30231G102 74,856 1,223,330 SH   SOLE   1,223,330 0 0
FMC Corporation COM 302491303 1,154 10,500 SH   SOLE   10,500 0 0
Freeport-McMoRan, Inc. COM 35671D857 9,402 225,300 SH   SOLE   225,300 0 0
Halliburton Company COM 406216101 3,894 170,270 SH   SOLE   170,270 0 0
Hess Corporation COM 42809H107 4,953 66,900 SH   SOLE   66,900 0 0
International Flavors & Fragrances Inc. COM 459506101 3,165 21,006 SH   SOLE   21,006 0 0
International Paper Company COM 460146103 1,325 28,200 SH   SOLE   28,200 0 0
Kinder Morgan, Inc. COM 49456B101 7,365 464,400 SH   SOLE   464,400 0 0
Linde plc COM G5494J103 20,128 58,100 SH   SOLE   58,100 0 0
LyondellBasell Industries N.V. COM N53745100 4,667 50,600 SH   SOLE   50,600 0 0
Marathon Oil Corporation COM 565849106 7,545 459,500 SH   SOLE   459,500 0 0
Marathon Petroleum Corporation COM 56585A102 17,308 270,485 SH   SOLE   270,485 0 0
Martin Marietta Materials, Inc. COM 573284106 1,982 4,500 SH   SOLE   4,500 0 0
Mosaic Company COM 61945C103 825 21,001 SH   SOLE   21,001 0 0
Newmont Corporation COM 651639106 5,613 90,500 SH   SOLE   90,500 0 0
Nucor Corporation COM 670346105 2,409 21,100 SH   SOLE   21,100 0 0
Occidental Petroleum Corporation COM 674599105 5,588 192,751 SH   SOLE   192,751 0 0
ONEOK, Inc. COM 682680103 10,236 174,200 SH   SOLE   174,200 0 0
Packaging Corporation of America COM 695156109 1,035 7,600 SH   SOLE   7,600 0 0
Phillips 66 COM 718546104 7,288 100,575 SH   SOLE   100,575 0 0
Pioneer Natural Resources Company COM 723787107 10,058 55,300 SH   SOLE   55,300 0 0
PPG Industries, Inc. COM 693506107 3,397 19,700 SH   SOLE   19,700 0 0
Quanta Services, Inc. COM 74762E102 1,857 16,200 SH   SOLE   16,200 0 0
Schlumberger N.V. COM 806857108 15,619 521,500 SH   SOLE   521,500 0 0
Sealed Air Corporation COM 81211K100 3,745 55,500 SH   SOLE   55,500 0 0
Sherwin-Williams Company COM 824348106 12,924 36,700 SH   SOLE   36,700 0 0
Steel Dynamics, Inc. COM 858119100 1,539 24,800 SH   SOLE   24,800 0 0
Sylvamo Corporation COM 871332102 71 2,563 SH   SOLE   2,563 0 0
Valero Energy Corporation COM 91913Y100 12,596 167,700 SH   SOLE   167,700 0 0
Vulcan Materials Company COM 929160109 2,034 9,800 SH   SOLE   9,800 0 0
WestRock Company COM 96145D105 985 22,200 SH   SOLE   22,200 0 0
Whiting Petroleum Corporation COM 966387508 29 452 SH   SOLE   452 0 0
Williams Companies, Inc. COM 969457100 8,559 328,700 SH   SOLE   328,700 0 0