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 386 56,045 SH   SOLE   56,045 0 0
AGCO CORP COM 001084102 3,216 46,244 SH   SOLE   46,244 0 0
AGNICO EAGLE MINES LTD COM 008474108 227 5,214 SH   SOLE   5,214 0 0
AK STL HLDG CORP COM 001547108 1,337 486,108 SH   SOLE   486,108 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 318 62,527 SH   SOLE   62,527 0 0
ALCOA CORP COM 013872106 1,697 60,247 SH   SOLE   60,247 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 546 26,817 SH   SOLE   26,817 0 0
AMERICAN STS WTR CO COM 029899101 705 9,886 SH   SOLE   9,886 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 3,141 30,128 SH   SOLE   30,128 0 0
ANADARKO PETE CORP COM 032511107 835 18,356 SH   SOLE   18,356 0 0
ANDERSONS INC COM 034164103 466 14,465 SH   SOLE   14,465 0 0
ANTERO RES CORP COM 03674X106 930 105,376 SH   SOLE   105,376 0 0
APACHE CORP COM 037411105 1,566 45,184 SH   SOLE   45,184 0 0
AQUA AMERICA INC COM 03836W103 1,853 50,843 SH   SOLE   50,843 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 426 20,906 SH   SOLE   20,906 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,319 30,586 SH   SOLE   30,586 0 0
ARCHROCK INC COM 03957W106 201 20,513 SH   SOLE   20,513 0 0
B2GOLD CORP COM 11777Q209 147 52,500 SH   SOLE   52,500 0 0
BAKER HUGHES A GE CO CL A 05722G100 689 24,868 SH   SOLE   24,868 0 0
BAYTEX ENERGY CORP COM 07317Q105 33 19,466 SH   SOLE   19,466 0 0
BHP GROUP LTD SPONSORED ADS 088606108 279 5,106 SH   SOLE   5,106 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 315 13,885 SH   SOLE   13,885 0 0
BP PLC SPONSORED ADR 055622104 654 14,957 SH   SOLE   14,957 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 553 20,785 SH   SOLE   20,785 0 0
BRF SA SPONSORED ADR 10552T107 1,505 258,571 SH   SOLE   258,571 0 0
BUNGE LIMITED COM G16962105 2,342 44,130 SH   SOLE   44,130 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 293 18,856 SH   SOLE   18,856 0 0
CAL MAINE FOODS INC COM NEW 128030202 1,538 34,455 SH   SOLE   34,455 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 234 9,092 SH   SOLE   9,092 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 786 14,478 SH   SOLE   14,478 0 0
CALLON PETE CO DEL COM 13123X102 1,310 173,453 SH   SOLE   173,453 0 0
CAMECO CORP COM 13321L108 707 60,008 SH   SOLE   60,008 0 0
CANADIAN SOLAR INC COM 136635109 610 32,743 SH   SOLE   32,743 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 568 12,392 SH   SOLE   12,392 0 0
CARRIZO OIL & GAS INC COM 144577103 2,283 183,082 SH   SOLE   183,082 0 0
CENOVUS ENERGY INC COM 15135U109 166 19,066 SH   SOLE   19,066 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 676 76,913 SH   SOLE   76,913 0 0
CENTURY ALUM CO COM 156431108 1,163 130,922 SH   SOLE   130,922 0 0
CF INDS HLDGS INC COM 125269100 2,348 57,444 SH   SOLE   57,444 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,909 615,714 SH   SOLE   615,714 0 0
CHEVRON CORP NEW COM 166764100 897 7,280 SH   SOLE   7,280 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 496 6,234 SH   SOLE   6,234 0 0
CIMAREX ENERGY CO COM 171798101 1,093 15,643 SH   SOLE   15,643 0 0
CLEVELAND CLIFFS INC COM 185899101 1,265 126,654 SH   SOLE   126,654 0 0
CNH INDL N V SHS N20944109 1,460 143,171 SH   SOLE   143,171 0 0
CNOOC LTD SPONSORED ADR 126132109 1,754 9,441 SH   SOLE   9,441 0 0
CNX RESOURCES CORPORATION COM 12653C108 182 16,884 SH   SOLE   16,884 0 0
COEUR MNG INC COM NEW 192108504 57 14,012 SH   SOLE   14,012 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 1,900 179,585 SH   SOLE   179,585 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 240 13,867 SH   SOLE   13,867 0 0
COMPASS MINERALS INTL INC COM 20451N101 1,918 35,281 SH   SOLE   35,281 0 0
COMSTOCK RES INC COM 205768302 91 13,183 SH   SOLE   13,183 0 0
CONCHO RES INC COM 20605P101 797 7,184 SH   SOLE   7,184 0 0
CONOCOPHILLIPS COM 20825C104 918 13,757 SH   SOLE   13,757 0 0
CONSOL ENERGY INC NEW COM 20854L108 433 12,649 SH   SOLE   12,649 0 0
CONTINENTAL RESOURCES INC COM 212015101 2,424 54,133 SH   SOLE   54,133 0 0
CORE LABORATORIES N V COM N22717107 634 9,196 SH   SOLE   9,196 0 0
CRESCENT PT ENERGY CORP COM 22576C101 666 205,400 SH   SOLE   205,400 0 0
DARLING INGREDIENTS INC COM 237266101 2,278 105,224 SH   SOLE   105,224 0 0
DEAN FOODS CO NEW COM NEW 242370203 130 42,948 SH   SOLE   42,948 0 0
DEERE & CO COM 244199105 3,035 18,987 SH   SOLE   18,987 0 0
DENBURY RES INC COM NEW 247916208 22 10,797 SH   SOLE   10,797 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,352 42,830 SH   SOLE   42,830 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 323 30,789 SH   SOLE   30,789 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,115 10,984 SH   SOLE   10,984 0 0
ENCANA CORP COM 292505104 1,470 203,011 SH   SOLE   203,011 0 0
ENERGY RECOVERY INC COM 29270J100 389 44,505 SH   SOLE   44,505 0 0
ENERPLUS CORP COM 292766102 484 57,570 SH   SOLE   57,570 0 0
ENI S P A SPONSORED ADR 26874R108 416 11,804 SH   SOLE   11,804 0 0
ENPHASE ENERGY INC COM 29355A107 1,017 110,138 SH   SOLE   110,138 0 0
ENSCO PLC SHS CLASS A G3157S106 77 19,586 SH   SOLE   19,586 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 333 11,457 SH   SOLE   11,457 0 0
EOG RES INC COM 26875P101 1,551 16,293 SH   SOLE   16,293 0 0
EVOQUA WATER TECHNOLOGIES CO COM 30057T105 767 60,981 SH   SOLE   60,981 0 0
EXTRACTION OIL AND GAS INC COM 30227M105 1,208 285,613 SH   SOLE   285,613 0 0
EXXON MOBIL CORP COM 30231G102 431 5,340 SH   SOLE   5,340 0 0
F M C CORP COM NEW 302491303 2,095 27,276 SH   SOLE   27,276 0 0
FORTUNA SILVER MINES INC COM 349915108 138 41,060 SH   SOLE   41,060 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 121 23,687 SH   SOLE   23,687 0 0
FRANKS INTL N V COM N33462107 289 46,545 SH   SOLE   46,545 0 0
FREEPORT-MCMORAN INC CL B 35671D857 2,031 157,593 SH   SOLE   157,593 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 518 19,177 SH   SOLE   19,177 0 0
FTS INTERNATIONAL INC COM 30283W104 485 48,483 SH   SOLE   48,483 0 0
GEOPARK LTD USD SHS G38327105 224 12,980 SH   SOLE   12,980 0 0
GERDAU S A SPON ADR REP PFD 373737105 303 78,132 SH   SOLE   78,132 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 554 148,492 SH   SOLE   148,492 0 0
GRAN TIERRA ENERGY INC COM 38500T101 208 91,477 SH   SOLE   91,477 0 0
GREEN PLAINS INC COM 393222104 670 40,142 SH   SOLE   40,142 0 0
GULFPORT ENERGY CORP COM NEW 402635304 1,401 174,713 SH   SOLE   174,713 0 0
HALCON RES CORP COM PAR NEW 40537Q605 96 71,447 SH   SOLE   71,447 0 0
HALLIBURTON CO COM 406216101 475 16,218 SH   SOLE   16,218 0 0
HARSCO CORP COM 415864107 674 33,439 SH   SOLE   33,439 0 0
HECLA MNG CO COM 422704106 193 83,971 SH   SOLE   83,971 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 435 54,954 SH   SOLE   54,954 0 0
HELMERICH & PAYNE INC COM 423452101 423 7,607 SH   SOLE   7,607 0 0
HESS CORP COM 42809H107 1,203 19,973 SH   SOLE   19,973 0 0
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 214 47,995 SH   SOLE   47,995 0 0
HIGHPOINT RES CORP COM 43114K108 530 239,977 SH   SOLE   239,977 0 0
HOLLYFRONTIER CORP COM 436106108 1,169 23,735 SH   SOLE   23,735 0 0
HORMEL FOODS CORP COM 440452100 1,369 30,595 SH   SOLE   30,595 0 0
HUDBAY MINERALS INC COM 443628102 1,952 273,100 SH   SOLE   273,100 0 0
IAMGOLD CORP COM 450913108 387 111,565 SH   SOLE   111,565 0 0
INGREDION INC COM 457187102 1,962 20,718 SH   SOLE   20,718 0 0
ISRAEL CHEMICALS LTD SHS M5920A109 196 37,747 SH   SOLE   37,747 0 0
JAGGED PEAK ENERGY INC COM 47009K107 508 48,551 SH   SOLE   48,551 0 0
KEANE GROUP INC COM 48669A108 430 39,456 SH   SOLE   39,456 0 0
KINROSS GOLD CORP COM 496902404 280 81,342 SH   SOLE   81,342 0 0
KOSMOS ENERGY LTD COM 500688106 971 155,892 SH   SOLE   155,892 0 0
LAREDO PETROLEUM INC COM 516806106 1,168 377,996 SH   SOLE   377,996 0 0
LIVENT CORP COM 53814L108 232 18,900 SH   SOLE   18,900 0 0
MARATHON OIL CORP COM 565849106 447 26,770 SH   SOLE   26,770 0 0
MARATHON PETE CORP COM 56585A102 1,571 26,251 SH   SOLE   26,251 0 0
MATADOR RES CO COM 576485205 1,229 63,598 SH   SOLE   63,598 0 0
MCDERMOTT INTL INC COM 580037703 154 20,632 SH   SOLE   20,632 0 0
MOSAIC CO NEW COM 61945C103 842 30,843 SH   SOLE   30,843 0 0
MURPHY OIL CORP COM 626717102 450 15,364 SH   SOLE   15,364 0 0
NABORS INDUSTRIES LTD SHS G6359F103 890 258,613 SH   SOLE   258,613 0 0
NEWMONT MNG CORP COM 651639106 593 16,590 SH   SOLE   16,590 0 0
NOBLE CORP PLC SHS USD G65431101 155 53,876 SH   SOLE   53,876 0 0
NOBLE ENERGY INC COM 655044105 1,192 48,207 SH   SOLE   48,207 0 0
NORTHERN OIL & GAS INC NEV COM 665531109 384 140,177 SH   SOLE   140,177 0 0
NUTRIEN LTD COM 67077M108 2,600 49,271 SH   SOLE   49,271 0 0
OASIS PETE INC NEW COM 674215108 1,669 276,329 SH   SOLE   276,329 0 0
OCCIDENTAL PETE CORP COM 674599105 635 9,592 SH   SOLE   9,592 0 0
OCEANEERING INTL INC COM 675232102 972 61,612 SH   SOLE   61,612 0 0
OIL STS INTL INC COM 678026105 544 32,065 SH   SOLE   32,065 0 0
PAN AMERICAN SILVER CORP PAN AMERICAN SILVER CORP 697900108 314 23,711 SH   SOLE   23,711 0 0
PARSLEY ENERGY INC CL A 701877102 1,048 54,304 SH   SOLE   54,304 0 0
PATTERSON UTI ENERGY INC COM 703481101 885 63,119 SH   SOLE   63,119 0 0
PDC ENERGY INC COM 69327R101 1,360 33,443 SH   SOLE   33,443 0 0
PENTAIR PLC SHS G7S00T104 2,274 51,079 SH   SOLE   51,079 0 0
PETROCHINA CO LTD SPONSORED ADR 71646E100 622 9,501 SH   SOLE   9,501 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 369 23,174 SH   SOLE   23,174 0 0
PHILLIPS 66 COM 718546104 859 9,027 SH   SOLE   9,027 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 2,257 101,238 SH   SOLE   101,238 0 0
PIONEER NAT RES CO COM 723787107 1,184 7,772 SH   SOLE   7,772 0 0
POSCO SPONSORED ADR 693483109 569 10,308 SH   SOLE   10,308 0 0
POTLATCHDELTIC CORPORATION COM 737630103 895 23,686 SH   SOLE   23,686 0 0
PRECISION DRILLING CORP COM 2010 74022D308 114 47,646 SH   SOLE   47,646 0 0
PRETIUM RES INC COM 74139C102 97 11,303 SH   SOLE   11,303 0 0
PROPETRO HLDG CORP COM 74347M108 542 24,039 SH   SOLE   24,039 0 0
QEP RES INC COM 74733V100 512 65,774 SH   SOLE   65,774 0 0
RANGE RES CORP COM 75281A109 271 24,123 SH   SOLE   24,123 0 0
RAYONIER INC COM 754907103 1,110 35,226 SH   SOLE   35,226 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 515 23,466 SH   SOLE   23,466 0 0
REXNORD CORP NEW COM 76169B102 1,717 68,311 SH   SOLE   68,311 0 0
RING ENERGY INC COM 76680V108 312 53,199 SH   SOLE   53,199 0 0
RIO TINTO PLC SPONSORED ADR 767204100 3,305 56,166 SH   SOLE   56,166 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 797 73,838 SH   SOLE   73,838 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 705 11,264 SH   SOLE   11,264 0 0
RPC INC COM 749660106 1,267 111,025 SH   SOLE   111,025 0 0
SANDERSON FARMS INC COM 800013104 1,050 7,963 SH   SOLE   7,963 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 198 36,047 SH   SOLE   36,047 0 0
SCHLUMBERGER LTD COM 806857108 746 17,117 SH   SOLE   17,117 0 0
SCHNITZER STL INDS CL A 806882106 567 23,643 SH   SOLE   23,643 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 409 34,057 SH   SOLE   34,057 0 0
SIBANYE STILLWATER SPONSORED ADR 825724206 46 11,190 SH   SOLE   11,190 0 0
SJW GROUP COM 784305104 502 8,125 SH   SOLE   8,125 0 0
SM ENERGY CO COM 78454L100 694 39,672 SH   SOLE   39,672 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 2,131 55,449 SH   SOLE   55,449 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 656 17,414 SH   SOLE   17,414 0 0
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 359 21,863 SH   SOLE   21,863 0 0
SOUTHERN COPPER CORP COM 84265V105 3,105 78,250 SH   SOLE   78,250 0 0
SOUTHWESTERN ENERGY CO COM 845467109 151 32,128 SH   SOLE   32,128 0 0
SRC ENERGY INC COM 78470V108 1,301 254,137 SH   SOLE   254,137 0 0
STEEL DYNAMICS INC COM 858119100 1,185 33,604 SH   SOLE   33,604 0 0
SUNCOKE ENERGY INC COM 86722A103 146 17,185 SH   SOLE   17,185 0 0
SUNCOR ENERGY INC NEW COM 867224107 483 14,910 SH   SOLE   14,910 0 0
SUNPOWER CORP COM 867652406 73 11,232 SH   SOLE   11,232 0 0
SUNRUN INC COM 86771W105 678 48,202 SH   SOLE   48,202 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 416 89,143 SH   SOLE   89,143 0 0
TECHNIPFMC PLC COM G87110105 1,030 43,788 SH   SOLE   43,788 0 0
TECK RESOURCES LTD CL B 878742204 4,632 199,816 SH   SOLE   199,816 0 0
TELLURIAN INC NEW COM 87968A104 1,115 99,588 SH   SOLE   99,588 0 0
TERNIUM SA SPONSORED ADS 880890108 843 30,973 SH   SOLE   30,973 0 0
TOTAL S A SPONSORED ADS 89151E109 861 15,474 SH   SOLE   15,474 0 0
TPI COMPOSITES INC COM 87266J104 586 20,459 SH   SOLE   20,459 0 0
TRANSOCEAN LTD REG SHS H8817H100 200 22,975 SH   SOLE   22,975 0 0
TYSON FOODS INC CL A 902494103 2,687 38,705 SH   SOLE   38,705 0 0
U S SILICA HLDGS INC COM 90346E103 318 18,324 SH   SOLE   18,324 0 0
UNIT CORP COM 909218109 586 41,172 SH   SOLE   41,172 0 0
UNITED STATES STL CORP NEW COM 912909108 1,831 93,920 SH   SOLE   93,920 0 0
VALE S A SPONSORED ADS 91912E105 415 31,773 SH   SOLE   31,773 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,444 17,028 SH   SOLE   17,028 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 534 50,523 SH   SOLE   50,523 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 1,062 32,031 SH   SOLE   32,031 0 0
W & T OFFSHORE INC COM 92922P106 1,483 214,902 SH   SOLE   214,902 0 0
WARRIOR MET COAL INC COM 93627C101 2,387 78,529 SH   SOLE   78,529 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 220 9,246 SH   SOLE   9,246 0 0
WHITING PETE CORP NEW COM NEW 966387409 1,148 43,935 SH   SOLE   43,935 0 0
WPX ENERGY INC COM 98212B103 942 71,890 SH   SOLE   71,890 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 806 57,524 SH   SOLE   57,524 0 0