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
ADECOAGRO S A COM L00849106 749 101,848 SH   SOLE   101,848 0 0
ADVANTAGE OIL & GAS LTD COM 00765F101 587 210,700 SH   SOLE   210,700 0 0
AGCO CORP COM 001084102 3,433 56,471 SH   SOLE   56,471 0 0
AGNICO EAGLE MINES LTD COM 008474108 1,250 36,537 SH   SOLE   36,537 0 0
AK STL HLDG CORP COM 001547108 727 148,274 SH   SOLE   148,274 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 663 143,799 SH   SOLE   143,799 0 0
ALCOA CORP COM 013872106 551 13,646 SH   SOLE   13,646 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 127 4,301 SH   SOLE   4,301 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 731 35,827 SH   SOLE   35,827 0 0
AMERICAN STS WTR CO COM 029899101 668 10,928 SH   SOLE   10,928 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,505 17,108 SH   SOLE   17,108 0 0
ANADARKO PETE CORP COM 032511107 814 12,074 SH   SOLE   12,074 0 0
ANDERSONS INC COM 034164103 478 12,700 SH   SOLE   12,700 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 594 69,265 SH   SOLE   69,265 0 0
ANTERO RES CORP COM 03674X106 761 42,996 SH   SOLE   42,996 0 0
APACHE CORP COM 037411105 1,881 39,469 SH   SOLE   39,469 0 0
AQUA AMERICA INC COM 03836W103 1,512 40,964 SH   SOLE   40,964 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 33 1,079 SH   SOLE   1,079 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,573 31,298 SH   SOLE   31,298 0 0
ARCHROCK INC COM 03957W106 137 11,236 SH   SOLE   11,236 0 0
B2GOLD CORP COM 11777Q209 13 5,700 SH   SOLE   5,700 0 0
BAKER HUGHES A GE CO CL A 05722G100 752 22,216 SH   SOLE   22,216 0 0
BARRICK GOLD CORP COM 067901108 2 212 SH   SOLE   212 0 0
BASIC ENERGY SVCS INC NEW COM NEW 06985P209 2 193 SH   SOLE   193 0 0
BAYTEX ENERGY CORP COM 07317Q105 859 296,026 SH   SOLE   296,026 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 148 2,974 SH   SOLE   2,974 0 0
BHP BILLITON PLC SPONSORED ADR 05545E209 10 234 SH   SOLE   234 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 517 17,356 SH   SOLE   17,356 0 0
BP PLC SPONSORED ADR 055622104 2,256 48,930 SH   SOLE   48,930 0 0
BRF SA SPONSORED ADR 10552T107 1,640 299,292 SH   SOLE   299,292 0 0
BRISTOW GROUP INC COM 110394103 344 28,381 SH   SOLE   28,381 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 40 1,114 SH   SOLE   1,114 0 0
BUNGE LIMITED COM G16962105 4,095 59,603 SH   SOLE   59,603 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 663 31,884 SH   SOLE   31,884 0 0
CABOT OIL & GAS CORP COM 127097103 515 22,885 SH   SOLE   22,885 0 0
CAL MAINE FOODS INC COM NEW 128030202 2,029 42,001 SH   SOLE   42,001 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 644 13,265 SH   SOLE   13,265 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 592 13,805 SH   SOLE   13,805 0 0
CALLON PETE CO DEL COM 13123X102 970 80,941 SH   SOLE   80,941 0 0
CAMECO CORP COM 13321L108 673 59,020 SH   SOLE   59,020 0 0
CANADIAN NAT RES LTD COM 136385101 277 8,469 SH   SOLE   8,469 0 0
CANADIAN SOLAR INC COM 136635109 443 30,565 SH   SOLE   30,565 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 731 12,392 SH   SOLE   12,392 0 0
CARRIZO OIL & GAS INC COM 144577103 1,210 48,017 SH   SOLE   48,017 0 0
CENOVUS ENERGY INC COM 15135U109 1,574 156,850 SH   SOLE   156,850 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 534 24,458 SH   SOLE   24,458 0 0
CENTURY ALUM CO COM 156431108 249 20,835 SH   SOLE   20,835 0 0
CF INDS HLDGS INC COM 125269100 1,956 35,922 SH   SOLE   35,922 0 0
CHESAPEAKE ENERGY CORP COM 165167107 61 13,560 SH   SOLE   13,560 0 0
CHEVRON CORP NEW COM 166764100 1,218 9,960 SH   SOLE   9,960 0 0
CIMAREX ENERGY CO COM 171798101 383 4,122 SH   SOLE   4,122 0 0
CLEVELAND CLIFFS INC COM 185899101 581 45,861 SH   SOLE   45,861 0 0
CNH INDL N V SHS N20944109 2,075 172,746 SH   SOLE   172,746 0 0
CNOOC LTD SPONSORED ADR 126132109 2,071 10,486 SH   SOLE   10,486 0 0
CNX RESOURCES CORPORATION COM 12653C108 238 16,656 SH   SOLE   16,656 0 0
COEUR MNG INC COM NEW 192108504 33 6,155 SH   SOLE   6,155 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 1,305 221,206 SH   SOLE   221,206 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 532 39,683 SH   SOLE   39,683 0 0
COMPASS MINERALS INTL INC COM 20451N101 1,943 28,915 SH   SOLE   28,915 0 0
CONCHO RES INC COM 20605P101 819 5,364 SH   SOLE   5,364 0 0
CONOCOPHILLIPS COM 20825C104 651 8,407 SH   SOLE   8,407 0 0
CONTINENTAL RESOURCES INC COM 212015101 2,914 42,679 SH   SOLE   42,679 0 0
CORE LABORATORIES N V COM N22717107 852 7,354 SH   SOLE   7,354 0 0
CRESCENT PT ENERGY CORP COM 22576C101 3,308 520,078 SH   SOLE   520,078 0 0
DARLING INGREDIENTS INC COM 237266101 1,449 75,007 SH   SOLE   75,007 0 0
DEERE & CO COM 244199105 3,742 24,890 SH   SOLE   24,890 0 0
DENBURY RES INC COM NEW 247916208 631 101,764 SH   SOLE   101,764 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,670 41,818 SH   SOLE   41,818 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 1,023 51,133 SH   SOLE   51,133 0 0
DIAMONDBACK ENERGY INC COM 25278X109 347 2,570 SH   SOLE   2,570 0 0
DRIL-QUIP INC COM 262037104 1,018 19,487 SH   SOLE   19,487 0 0
ECOPETROL S A SPONSORED ADS 279158109 268 9,942 SH   SOLE   9,942 0 0
ELDORADO GOLD CORP NEW COM 284902103 1 1,668 SH   SOLE   1,668 0 0
ENCANA CORP COM 292505104 1,165 88,836 SH   SOLE   88,836 0 0
ENERGEN CORP COM 29265N108 383 4,444 SH   SOLE   4,444 0 0
ENERGY RECOVERY INC COM 29270J100 399 44,620 SH   SOLE   44,620 0 0
ENERGY TRANSFER PARTNERS LP UNIT LTD PRT INT 29278N103 93 4,189 SH   SOLE   4,189 0 0
ENERPLUS CORP COM 292766102 2,146 173,887 SH   SOLE   173,887 0 0
ENI S P A SPONSORED ADR 26874R108 361 9,583 SH   SOLE   9,583 0 0
ENPHASE ENERGY INC COM 29355A107 93 19,167 SH   SOLE   19,167 0 0
ENSCO PLC SHS CLASS A G3157S106 204 24,126 SH   SOLE   24,126 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 329 11,457 SH   SOLE   11,457 0 0
EOG RES INC COM 26875P101 1,902 14,910 SH   SOLE   14,910 0 0
EQT CORP COM 26884L109 396 8,952 SH   SOLE   8,952 0 0
EQUINOR ASA SPONSORED ADR 29446M102 53 1,865 SH   SOLE   1,865 0 0
EXTERRAN CORP COM 30227H106 140 5,281 SH   SOLE   5,281 0 0
EXTRACTION OIL AND GAS INC COM 30227M105 703 62,282 SH   SOLE   62,282 0 0
EXXON MOBIL CORP COM 30231G102 659 7,751 SH   SOLE   7,751 0 0
F M C CORP COM NEW 302491303 2,862 32,830 SH   SOLE   32,830 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 64 11,291 SH   SOLE   11,291 0 0
FIRST SOLAR INC COM 336433107 357 7,371 SH   SOLE   7,371 0 0
FORTUNA SILVER MINES INC COM 349915108 490 112,155 SH   SOLE   112,155 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 255 24,658 SH   SOLE   24,658 0 0
FRANCO NEVADA CORP COM 351858105 213 3,408 SH   SOLE   3,408 0 0
FRANKS INTL N V COM N33462107 513 59,052 SH   SOLE   59,052 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,319 94,726 SH   SOLE   94,726 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 561 16,545 SH   SOLE   16,545 0 0
GERDAU S A SPON ADR REP PFD 373737105 802 190,570 SH   SOLE   190,570 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 1,277 527,802 SH   SOLE   527,802 0 0
GOLDCORP INC NEW COM 380956409 305 29,899 SH   SOLE   29,899 0 0
GULFPORT ENERGY CORP COM NEW 402635304 678 65,098 SH   SOLE   65,098 0 0
HALCON RES CORP COM PAR NEW 40537Q605 722 161,425 SH   SOLE   161,425 0 0
HALLIBURTON CO COM 406216101 783 19,330 SH   SOLE   19,330 0 0
HARSCO CORP COM 415864107 869 30,440 SH   SOLE   30,440 0 0
HECLA MNG CO COM 422704106 1,008 361,371 SH   SOLE   361,371 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 566 57,279 SH   SOLE   57,279 0 0
HELMERICH & PAYNE INC COM 423452101 504 7,325 SH   SOLE   7,325 0 0
HESS CORP COM 42809H107 162 2,265 SH   SOLE   2,265 0 0
HOLLYFRONTIER CORP COM 436106108 2,126 30,414 SH   SOLE   30,414 0 0
HUDBAY MINERALS INC COM 443628102 2,335 461,300 SH   SOLE   461,300 0 0
IAMGOLD CORP COM 450913108 879 238,984 SH   SOLE   238,984 0 0
IMPERIAL OIL LTD COM NEW 453038408 292 9,023 SH   SOLE   9,023 0 0
INGREDION INC COM 457187102 3,954 37,675 SH   SOLE   37,675 0 0
ISRAEL CHEMICALS LTD SHS M5920A109 481 78,803 SH   SOLE   78,803 0 0
JAGGED PEAK ENERGY INC COM 47009K107 263 19,042 SH   SOLE   19,042 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 223 20,669 SH   SOLE   20,669 0 0
KAISER ALUMINUM CORP COM PAR $0.01 483007704 0 4 SH   SOLE   4 0 0
KINDER MORGAN INC DEL COM 49456B101 111 6,268 SH   SOLE   6,268 0 0
KINROSS GOLD CORP COM NO PAR 496902404 1,221 452,406 SH   SOLE   452,406 0 0
KIRKLAND LAKE GOLD LTD COM 49741E100 267 14,100 SH   SOLE   14,100 0 0
KOSMOS ENERGY LTD SHS G5315B107 926 99,041 SH   SOLE   99,041 0 0
LAREDO PETROLEUM INC COM 516806106 621 75,981 SH   SOLE   75,981 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 151 2,234 SH   SOLE   2,234 0 0
MARATHON OIL CORP COM 565849106 281 12,075 SH   SOLE   12,075 0 0
MARATHON PETE CORP COM 56585A102 2,690 33,637 SH   SOLE   33,637 0 0
MATADOR RES CO COM 576485205 1,210 36,610 SH   SOLE   36,610 0 0
MCDERMOTT INTL INC COM 580037703 573 31,107 SH   SOLE   31,107 0 0
MOSAIC CO NEW COM 61945C103 1,578 48,596 SH   SOLE   48,596 0 0
MPLX LP COM UNIT REP LTD 55336V100 59 1,690 SH   SOLE   1,690 0 0
MURPHY OIL CORP COM 626717102 2,731 81,916 SH   SOLE   81,916 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,684 273,346 SH   SOLE   273,346 0 0
NATIONAL OILWELL VARCO INC COM 637071101 199 4,617 SH   SOLE   4,617 0 0
NEVSUN RES LTD COM 64156L101 180 40,700 SH   SOLE   40,700 0 0
NEW GOLD INC CDA COM 644535106 1 1,367 SH   SOLE   1,367 0 0
NEWFIELD EXPL CO COM 651290108 1,524 52,855 SH   SOLE   52,855 0 0
NEWMONT MINING CORP COM 651639106 552 18,271 SH   SOLE   18,271 0 0
NOBLE CORP PLC SHS USD G65431101 720 102,388 SH   SOLE   102,388 0 0
NOBLE ENERGY INC COM 655044105 1,536 49,231 SH   SOLE   49,231 0 0
NUTRIEN LTD COM 67077M108 1,517 26,295 SH   SOLE   26,295 0 0
OASIS PETE INC NEW COM 674215108 48 3,400 SH   SOLE   3,400 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 48 585 SH   SOLE   585 0 0
OCEANEERING INTL INC COM 675232102 2,113 76,554 SH   SOLE   76,554 0 0
OIL STS INTL INC COM 678026105 1,226 36,934 SH   SOLE   36,934 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 253 33,369 SH   SOLE   33,369 0 0
PAN AMERICAN SILVER CORP COM 697900108 118 8,018 SH   SOLE   8,018 0 0
PARSLEY ENERGY INC CL A 701877102 618 21,113 SH   SOLE   21,113 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,167 68,177 SH   SOLE   68,177 0 0
PDC ENERGY INC COM 69327R101 1,543 31,525 SH   SOLE   31,525 0 0
PETROCHINA CO LTD SPONSORED ADR 71646E100 510 6,260 SH   SOLE   6,260 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 601 49,812 SH   SOLE   49,812 0 0
PHILLIPS 66 COM 718546104 1,304 11,568 SH   SOLE   11,568 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 5,103 282,079 SH   SOLE   282,079 0 0
PIONEER NAT RES CO COM 723787107 860 4,935 SH   SOLE   4,935 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 83 3,331 SH   SOLE   3,331 0 0
POSCO SPONSORED ADR 693483109 528 8,006 SH   SOLE   8,006 0 0
POTLATCHDELTIC CORPORATION COM 737630103 2,285 55,803 SH   SOLE   55,803 0 0
PRECISION DRILLING CORP COM 2010 74022D308 500 144,463 SH   SOLE   144,463 0 0
PRETIUM RES INC COM 74139C102 273 35,809 SH   SOLE   35,809 0 0
PROPETRO HLDG CORP COM 74347M108 366 22,209 SH   SOLE   22,209 0 0
QEP RES INC COM 74733V100 861 76,085 SH   SOLE   76,085 0 0
RANDGOLD RES LTD ADR 752344309 1,561 22,126 SH   SOLE   22,126 0 0
RANGE RES CORP COM 75281A109 543 31,968 SH   SOLE   31,968 0 0
RAYONIER INC COM 754907103 2,522 74,601 SH   SOLE   74,601 0 0
RESOLUTE ENERGY CORP COM NEW 76116A306 8 205 SH   SOLE   205 0 0
REXNORD CORP NEW COM 76169B102 2,594 84,220 SH   SOLE   84,220 0 0
RING ENERGY INC COM 76680V108 163 16,482 SH   SOLE   16,482 0 0
RIO TINTO PLC SPONSORED ADR 767204100 2,184 42,814 SH   SOLE   42,814 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 3,164 168,007 SH   SOLE   168,007 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 305 4,477 SH   SOLE   4,477 0 0
ROYAL GOLD INC COM 780287108 459 5,962 SH   SOLE   5,962 0 0
RPC INC COM 749660106 1,435 92,708 SH   SOLE   92,708 0 0
SANDERSON FARMS INC COM 800013104 2,783 26,922 SH   SOLE   26,922 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869 48 4,382 SH   SOLE   4,382 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 591 158,568 SH   SOLE   158,568 0 0
SASOL LTD SPONSORED ADR 803866300 57 1,463 SH   SOLE   1,463 0 0
SCHLUMBERGER LTD COM 806857108 938 15,403 SH   SOLE   15,403 0 0
SCHNITZER STL INDS CL A 806882106 598 22,101 SH   SOLE   22,101 0 0
SIBANYE STILLWATER SPONSORED ADR 825724206 138 55,379 SH   SOLE   55,379 0 0
SM ENERGY CO COM 78454L100 39 1,239 SH   SOLE   1,239 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 3,313 72,466 SH   SOLE   72,466 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 137 3,641 SH   SOLE   3,641 0 0
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 162 8,599 SH   SOLE   8,599 0 0
SOUTHERN COPPER CORP COM 84265V105 1,453 33,684 SH   SOLE   33,684 0 0
SOUTHWESTERN ENERGY CO COM 845467109 164 32,128 SH   SOLE   32,128 0 0
SRC ENERGY INC COM 78470V108 1,255 141,156 SH   SOLE   141,156 0 0
SSR MNG INC COM 784730103 304 34,899 SH   SOLE   34,899 0 0
SUNCOKE ENERGY INC COM 86722A103 208 17,933 SH   SOLE   17,933 0 0
SUNCOR ENERGY INC NEW COM 867224107 403 10,410 SH   SOLE   10,410 0 0
SUNPOWER CORP COM 867652406 9 1,181 SH   SOLE   1,181 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 1,053 108,156 SH   SOLE   108,156 0 0
TAHOE RES INC COM 873868103 335 121,200 SH   SOLE   121,200 0 0
TECHNIPFMC PLC COM G87110105 1,389 44,435 SH   SOLE   44,435 0 0
TECK RESOURCES LTD CL B 878742204 179 7,443 SH   SOLE   7,443 0 0
TENARIS S A SPONSORED ADR 88031M109 152 4,535 SH   SOLE   4,535 0 0
TERNIUM SA SPON ADR 880890108 761 25,139 SH   SOLE   25,139 0 0
TIMKENSTEEL CORP COM 887399103 127 8,517 SH   SOLE   8,517 0 0
TOTAL S A SPONSORED ADR 89151E109 1,070 16,618 SH   SOLE   16,618 0 0
TPI COMPOSITES INC COM 87266J104 190 6,672 SH   SOLE   6,672 0 0
TRANSOCEAN LTD REG SHS H8817H100 501 35,920 SH   SOLE   35,920 0 0
TURQUOISE HILL RES LTD COM 900435108 446 210,362 SH   SOLE   210,362 0 0
TYSON FOODS INC CL A 902494103 4,811 80,809 SH   SOLE   80,809 0 0
U S SILICA HLDGS INC COM 90346E103 452 24,030 SH   SOLE   24,030 0 0
UNITED STATES STL CORP NEW COM 912909108 738 24,222 SH   SOLE   24,222 0 0
VALE S A ADR 91912E105 2,466 166,206 SH   SOLE   166,206 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,482 21,818 SH   SOLE   21,818 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 526 41,057 SH   SOLE   41,057 0 0
VERMILION ENERGY INC COM 923725105 1,850 56,174 SH   SOLE   56,174 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 415 9,850 SH   SOLE   9,850 0 0
W & T OFFSHORE INC COM 92922P106 1,609 166,890 SH   SOLE   166,890 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 86 31,847 SH   SOLE   31,847 0 0
WEYERHAEUSER CO COM 962166104 1,524 47,219 SH   SOLE   47,219 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 911 52,035 SH   SOLE   52,035 0 0
WHITING PETE CORP NEW COM NEW 966387409 36 672 SH   SOLE   672 0 0
WILDHORSE RESOURCE DEV CORP COM 96812T102 1,184 50,080 SH   SOLE   50,080 0 0
WILLIAMS COS INC DEL COM 969457100 54 1,999 SH   SOLE   1,999 0 0
WPX ENERGY INC COM 98212B103 158 7,865 SH   SOLE   7,865 0 0
YAMANA GOLD INC COM 98462Y100 120 48,122 SH   SOLE   48,122 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 746 48,281 SH   SOLE   48,281 0 0