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 7,002 42,019 SH   DFND 1,2 42,019 0 0
AEROJET ROCKETDYNE HLDGS INC COM 007800105 686 41,871 SH   DFND 1,2 41,871 0 0
ALBEMARLE CORP COM 012653101 6,701 104,820 SH   DFND 1,2 104,820 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 2,024 75,000 SH   DFND 1,2 75,000 0 0
AMERICAN ELEC PWR INC COM 025537101 6,625 99,770 SH   DFND 1,2 99,770 0 0
ANADARKO PETE CORP COM 032511107 3,646 78,290 SH   DFND 1,2 78,290 0 0
ANTERO RES CORP COM 03674X106 5,568 223,865 SH   DFND 1,2 223,865 0 0
AVANGRID INC COM 05351W103 3,546 88,398 SH   DFND 1,2 88,398 0 0
AVERY DENNISON CORP COM 053611109 2,122 29,423 SH   DFND 1,2 29,423 0 0
BERRY PLASTICS GROUP INC COM 08579W103 1,325 36,650 SH   DFND 1,2 36,650 0 0
BONANZA CREEK ENERGY INC COM 097793103 38 24,118 SH   DFND 1,2 24,118 0 0
CABOT OIL & GAS CORP COM 127097103 11,096 488,615 SH   DFND 1,2 488,615 0 0
CALLON PETE CO DEL COM 13123X102 1,240 140,146 SH   DFND 1,2 140,146 0 0
CHESAPEAKE ENERGY CORP COM 165167107 368 89,392 SH   DFND 1,2 89,392 0 0
CIMAREX ENERGY CO COM 171798101 6,470 66,514 SH   DFND 1,2 66,514 0 0
CLEAN ENERGY FUELS CORP COM 184499101 700 238,929 SH   DFND 1,2 238,929 0 0
CONSOL ENERGY INC COM 20854P109 1,778 157,483 SH   DFND 1,2 157,483 0 0
CONTINENTAL RESOURCES INC COM 212015101 2,423 79,801 SH   DFND 1,2 79,801 0 0
DANAHER CORP DEL COM 235851102 5,365 56,558 SH   DFND 1,2 56,558 0 0
DENBURY RES INC COM NEW 247916208 905 407,542 SH   DFND 1,2 407,542 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 3,028 139,347 SH   DFND 1,2 139,347 0 0
DIAMONDBACK ENERGY INC COM 25278X109 3,710 48,068 SH   DFND 1,2 48,068 0 0
DYCOM INDS INC COM 267475101 2,288 35,386 SH   DFND 1,2 35,386 0 0
DYNEGY INC NEW DEL COM 26817R108 3,698 257,350 SH   DFND 1,2 257,350 0 0
ENERGEN CORP COM 29265N108 6,962 190,265 SH   DFND 1,2 190,265 0 0
EP ENERGY CORP CL A 268785102 387 85,563 SH   DFND 1,2 85,563 0 0
FTI CONSULTING INC COM 302941109 1,183 33,325 SH   DFND 1,2 33,325 0 0
GENERAL DYNAMICS CORP COM 369550108 926 7,048 SH   DFND 1,2 7,048 0 0
GENERAL ELECTRIC CO COM 369604103 5,381 169,258 SH   DFND 1,2 169,258 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 854 25,905 SH   DFND 1,2 25,905 0 0
GRACO INC COM 384109104 1,027 12,229 SH   DFND 1,2 12,229 0 0
GULFPORT ENERGY CORP COM NEW 402635304 9,371 330,669 SH   DFND 1,2 330,669 0 0
HESS CORP COM 42809H107 1,376 26,126 SH   DFND 1,2 26,126 0 0
HONEYWELL INTL INC COM 438516106 5,592 49,902 SH   DFND 1,2 49,902 0 0
ILLINOIS TOOL WKS INC COM 452308109 6,359 62,074 SH   DFND 1,2 62,074 0 0
ISHARES TR 20 YR TR BD ETF 464287432 6,793 52,013 SH   DFND 1,2 52,013 0 0
KAR AUCTION SVCS INC COM 48238T109 4,238 111,121 SH   DFND 1,2 111,121 0 0
LOCKHEED MARTIN CORP COM 539830109 1,140 5,146 SH   DFND 1,2 5,146 0 0
LUMBER LIQUIDATORS HLDGS INC COM 55003T107 2,346 178,821 SH   DFND 1,2 178,821 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 5,866 86,977 SH   DFND 1,2 86,977 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 12,918 485,452 SH   DFND 1,2 485,452 0 0
MASCO CORP COM 574599106 1,495 47,525 SH   DFND 1,2 47,525 0 0
MOHAWK INDS INC COM 608190104 3,290 17,235 SH   DFND 1,2 17,235 0 0
NAVISTAR INTL CORP NEW COM 63934E108 1,032 82,443 SH   DFND 1,2 82,443 0 0
NEWFIELD EXPL CO COM 651290108 9,705 291,876 SH   DFND 1,2 291,876 0 0
NEXTERA ENERGY INC COM 65339F101 3,592 30,354 SH   DFND 1,2 30,354 0 0
NEXTERA ENERGY PARTNERS LP COM UNIT PART IN 65341B106 4,877 179,385 SH   DFND 1,2 179,385 0 0
NOBLE ENERGY INC COM 655044105 5,338 169,960 SH   DFND 1,2 169,960 0 0
OWENS CORNING NEW COM 690742101 1,073 22,688 SH   DFND 1,2 22,688 0 0
PARSLEY ENERGY INC CL A 701877102 3,179 140,642 SH   DFND 1,2 140,642 0 0
PHILLIPS 66 COM 718546104 4,124 47,621 SH   DFND 1,2 47,621 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 692 27,230 SH   DFND 1,2 27,230 0 0
PIONEER NAT RES CO COM 723787107 9,120 64,798 SH   DFND 1,2 64,798 0 0
QEP RES INC COM 74733V100 9,864 699,087 SH   DFND 1,2 699,087 0 0
RANGE RES CORP COM 75281A109 1,188 36,676 SH   DFND 1,2 36,676 0 0
REPUBLIC SVCS INC COM 760759100 4,502 94,488 SH   DFND 1,2 94,488 0 0
ROPER TECHNOLOGIES INC COM 776696106 2,256 12,343 SH   DFND 1,2 12,343 0 0
RSP PERMIAN INC COM 74978Q105 6,830 235,203 SH   DFND 1,2 235,203 0 0
SABRE CORP COM 78573M104 3,252 112,457 SH   DFND 1,2 112,457 0 0
SCHLUMBERGER LTD COM 806857108 4,845 65,700 SH   DFND 1,2 65,700 0 0
SEADRILL LIMITED SHS G7945E105 1,399 423,918 SH   DFND 1,2 423,918 0 0
SEALED AIR CORP NEW COM 81211K100 878 18,298 SH   DFND 1,2 18,298 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 8,225 148,284 SH   DFND 1,2 148,284 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 5,525 111,352 SH   DFND 1,2 111,352 0 0
SEMPRA ENERGY COM 816851109 2,601 25,000 SH   DFND 1,2 25,000 0 0
SHERWIN WILLIAMS CO COM 824348106 3,696 12,983 SH   DFND 1,2 12,983 0 0
SMITH A O COM 831865209 656 8,593 SH   DFND 1,2 8,593 0 0
SOUTHWESTERN ENERGY CO COM 845467109 2,483 307,734 SH   DFND 1,2 307,734 0 0
STEEL DYNAMICS INC COM 858119100 3,082 136,902 SH   DFND 1,2 136,902 0 0
TEREX CORP NEW COM 880779103 1,658 66,657 SH   DFND 1,2 66,657 0 0
TRANSOCEAN LTD REG SHS H8817H100 554 60,577 SH   DFND 1,2 60,577 0 0
TRONOX LTD SHS CL A Q9235V101 626 97,908 SH   DFND 1,2 97,908 0 0
UNITED STATES STL CORP NEW COM 912909108 2,206 137,442 SH   DFND 1,2 137,442 0 0
VALE S A ADR 91912E105 671 159,495 SH   DFND 1,2 159,495 0 0
VISTA OUTDOOR INC COM 928377100 2,985 57,505 SH   DFND 1,2 57,505 0 0
WASTE CONNECTIONS INC COM 941053100 4,006 62,015 SH   DFND 1,2 62,015 0 0
WASTE MGMT INC DEL COM 94106L109 4,385 74,317 SH   DFND 1,2 74,317 0 0
XPO LOGISTICS INC COM 983793100 874 28,465 SH   DFND 1,2 28,465 0 0
XYLEM INC COM 98419M100 6,191 151,371 SH   DFND 1,2 151,371 0 0