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 327 56,045 SH   SOLE   56,045 0 0
AGCO CORP COM 001084102 2,948 38,948 SH   SOLE   38,948 0 0
AK STL HLDG CORP COM 001547108 1,459 642,702 SH   SOLE   642,702 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 606 104,468 SH   SOLE   104,468 0 0
ALCOA CORP COM 013872106 977 48,694 SH   SOLE   48,694 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 454 28,358 SH   SOLE   28,358 0 0
AMERICAN STS WTR CO COM 029899101 1,014 11,288 SH   SOLE   11,288 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 3,893 31,337 SH   SOLE   31,337 0 0
ANDERSONS INC COM 034164103 327 14,574 SH   SOLE   14,574 0 0
ANTERO RES CORP COM 03674X106 926 306,705 SH   SOLE   306,705 0 0
APACHE CORP COM 037411105 323 12,621 SH   SOLE   12,621 0 0
AQUA AMERICA INC COM 03836W103 1,938 43,228 SH   SOLE   43,228 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 868 60,977 SH   SOLE   60,977 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,288 31,364 SH   SOLE   31,364 0 0
ARCHROCK INC COM 03957W106 250 25,065 SH   SOLE   25,065 0 0
B2GOLD CORP COM 11777Q209 205 63,100 SH   SOLE   63,100 0 0
BAKER HUGHES A GE CO CL A 05722G100 490 21,125 SH   SOLE   21,125 0 0
BAYTEX ENERGY CORP COM 07317Q105 29 19,466 SH   SOLE   19,466 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 330 14,731 SH   SOLE   14,731 0 0
BP PLC SPONSORED ADR 055622104 587 15,453 SH   SOLE   15,453 0 0
BRF SA SPONSORED ADR 10552T107 2,608 284,669 SH   SOLE   284,669 0 0
BUNGE LIMITED COM G16962105 3,423 60,451 SH   SOLE   60,451 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 269 25,041 SH   SOLE   25,041 0 0
CAL MAINE FOODS INC COM NEW 128030202 1,096 27,422 SH   SOLE   27,422 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 816 15,426 SH   SOLE   15,426 0 0
CALLON PETE CO DEL COM 13123X102 1,342 309,244 SH   SOLE   309,244 0 0
CAMECO CORP COM 13321L108 610 64,263 SH   SOLE   64,263 0 0
CANADIAN SOLAR INC COM 136635109 703 37,211 SH   SOLE   37,211 0 0
CARRIZO OIL & GAS INC COM 144577103 371 43,248 SH   SOLE   43,248 0 0
CENOVUS ENERGY INC COM 15135U109 153 16,266 SH   SOLE   16,266 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 692 153,271 SH   SOLE   153,271 0 0
CENTURY ALUM CO COM 156431108 1,052 158,511 SH   SOLE   158,511 0 0
CHEVRON CORP NEW COM 166764100 713 6,012 SH   SOLE   6,012 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 364 6,209 SH   SOLE   6,209 0 0
CIMAREX ENERGY CO COM 171798101 1,331 27,759 SH   SOLE   27,759 0 0
CLEVELAND CLIFFS INC COM 185899101 473 65,524 SH   SOLE   65,524 0 0
CNH INDL N V SHS N20944109 1,684 165,945 SH   SOLE   165,945 0 0
CNOOC LTD SPONSORED ADR 126132109 1,087 7,142 SH   SOLE   7,142 0 0
CNX RESOURCES CORPORATION COM 12653C108 391 53,797 SH   SOLE   53,797 0 0
COEUR MNG INC COM NEW 192108504 67 14,012 SH   SOLE   14,012 0 0
COMMERCIAL METALS CO COM 201723103 1,103 63,457 SH   SOLE   63,457 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 2,176 183,145 SH   SOLE   183,145 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 236 15,577 SH   SOLE   15,577 0 0
COMPASS MINERALS INTL INC COM 20451N101 2,055 36,375 SH   SOLE   36,375 0 0
CONCHO RES INC COM 20605P101 1,644 24,213 SH   SOLE   24,213 0 0
CONOCOPHILLIPS COM 20825C104 1,612 28,292 SH   SOLE   28,292 0 0
CONSOL ENERGY INC NEW COM 20854L108 382 24,418 SH   SOLE   24,418 0 0
CONTINENTAL RESOURCES INC COM 212015101 2,640 85,744 SH   SOLE   85,744 0 0
CORE LABORATORIES N V COM N22717107 497 10,665 SH   SOLE   10,665 0 0
CRESCENT PT ENERGY CORP COM 22576C101 188 43,900 SH   SOLE   43,900 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 265 5,742 SH   SOLE   5,742 0 0
DARLING INGREDIENTS INC COM 237266101 1,942 101,513 SH   SOLE   101,513 0 0
DEAN FOODS CO NEW COM NEW 242370203 59 50,918 SH   SOLE   50,918 0 0
DEERE & CO COM 244199105 3,311 19,630 SH   SOLE   19,630 0 0
DENBURY RES INC COM NEW 247916208 13 10,797 SH   SOLE   10,797 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,715 71,265 SH   SOLE   71,265 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 170 30,572 SH   SOLE   30,572 0 0
DIAMONDBACK ENERGY INC COM 25278X109 606 6,735 SH   SOLE   6,735 0 0
ENCANA CORP COM 292505104 1,102 239,568 SH   SOLE   239,568 0 0
ENERPLUS CORP COM 292766102 127 17,000 SH   SOLE   17,000 0 0
ENERPLUS CORP COM 292766102 348 46,764 SH   SOLE   46,764 0 0
ENI S P A SPONSORED ADR 26874R108 360 11,804 SH   SOLE   11,804 0 0
ENPHASE ENERGY INC COM 29355A107 847 38,106 SH   SOLE   38,106 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 327 11,457 SH   SOLE   11,457 0 0
EOG RES INC COM 26875P101 1,882 25,356 SH   SOLE   25,356 0 0
EVOQUA WATER TECHNOLOGIES CO COM 30057T105 1,266 74,372 SH   SOLE   74,372 0 0
EXTRACTION OIL AND GAS INC COM 30227M105 870 295,794 SH   SOLE   295,794 0 0
EXXON MOBIL CORP COM 30231G102 703 9,957 SH   SOLE   9,957 0 0
F M C CORP COM NEW 302491303 2,828 32,253 SH   SOLE   32,253 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 111 12,179 SH   SOLE   12,179 0 0
FORTUNA SILVER MINES INC COM 349915108 147 47,714 SH   SOLE   47,714 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 18 11,414 SH   SOLE   11,414 0 0
FRANKS INTL N V COM N33462107 221 46,545 SH   SOLE   46,545 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 686 20,113 SH   SOLE   20,113 0 0
FTS INTERNATIONAL INC COM 30283W104 61 27,168 SH   SOLE   27,168 0 0
GEOPARK LTD USD SHS G38327105 239 12,980 SH   SOLE   12,980 0 0
GERDAU S A SPON ADR REP PFD 373737105 1,140 361,791 SH   SOLE   361,791 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 904 183,820 SH   SOLE   183,820 0 0
GREEN PLAINS INC COM 393222104 438 41,368 SH   SOLE   41,368 0 0
GULFPORT ENERGY CORP COM NEW 402635304 1,379 508,947 SH   SOLE   508,947 0 0
HALCON RES CORP COM 40537Q605 9 129,488 SH   SOLE   129,488 0 0
HALLIBURTON CO COM 406216101 346 18,354 SH   SOLE   18,354 0 0
HARSCO CORP COM 415864107 656 34,613 SH   SOLE   34,613 0 0
HECLA MNG CO COM 422704106 169 96,216 SH   SOLE   96,216 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 511 63,420 SH   SOLE   63,420 0 0
HELMERICH & PAYNE INC COM 423452101 392 9,791 SH   SOLE   9,791 0 0
HESS CORP COM 42809H107 224 3,710 SH   SOLE   3,710 0 0
HI CRUSH INC COM 428337109 22 12,594 SH   SOLE   12,594 0 0
HIGHPOINT RES CORP COM 43114K108 95 59,445 SH   SOLE   59,445 0 0
HOLLYFRONTIER CORP COM 436106108 1,282 23,894 SH   SOLE   23,894 0 0
HORMEL FOODS CORP COM 440452100 1,347 30,800 SH   SOLE   30,800 0 0
HUDBAY MINERALS INC COM 443628102 743 205,800 SH   SOLE   205,800 0 0
IAMGOLD CORP COM 450913108 112 32,780 SH   SOLE   32,780 0 0
INGREDION INC COM 457187102 2,355 28,810 SH   SOLE   28,810 0 0
ISRAEL CHEMICALS LTD SHS M5920A109 221 44,463 SH   SOLE   44,463 0 0
JAGGED PEAK ENERGY INC COM 47009K107 768 105,805 SH   SOLE   105,805 0 0
KEANE GROUP INC COM 48669A108 577 95,141 SH   SOLE   95,141 0 0
KOSMOS ENERGY LTD COM 500688106 412 66,035 SH   SOLE   66,035 0 0
LAREDO PETROLEUM INC COM 516806106 1,671 693,217 SH   SOLE   693,217 0 0
MARATHON OIL CORP COM 565849106 1,498 122,120 SH   SOLE   122,120 0 0
MARATHON PETE CORP COM 56585A102 1,605 26,426 SH   SOLE   26,426 0 0
MATADOR RES CO COM 576485205 1,271 76,919 SH   SOLE   76,919 0 0
MCDERMOTT INTL INC COM 580037703 42 20,632 SH   SOLE   20,632 0 0
MURPHY OIL CORP COM 626717102 529 23,941 SH   SOLE   23,941 0 0
NABORS INDUSTRIES LTD SHS G6359F103 470 251,568 SH   SOLE   251,568 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 212 5,586 SH   SOLE   5,586 0 0
NOBLE ENERGY INC COM 655044105 990 44,092 SH   SOLE   44,092 0 0
OASIS PETE INC NEW COM 674215108 271 78,329 SH   SOLE   78,329 0 0
OCCIDENTAL PETE CORP COM 674599105 1,267 28,499 SH   SOLE   28,499 0 0
OCEANEERING INTL INC COM 675232102 370 27,277 SH   SOLE   27,277 0 0
OIL STS INTL INC COM 678026105 435 32,679 SH   SOLE   32,679 0 0
PARSLEY ENERGY INC CL A 701877102 1,638 97,484 SH   SOLE   97,484 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,034 120,896 SH   SOLE   120,896 0 0
PDC ENERGY INC COM 69327R101 1,146 41,283 SH   SOLE   41,283 0 0
PENTAIR PLC SHS G7S00T104 1,343 35,530 SH   SOLE   35,530 0 0
PETROCHINA CO LTD SPONSORED ADR 71646E100 481 9,463 SH   SOLE   9,463 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 340 23,477 SH   SOLE   23,477 0 0
PHILLIPS 66 COM 718546104 931 9,088 SH   SOLE   9,088 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 4,106 128,128 SH   SOLE   128,128 0 0
PIONEER NAT RES CO COM 723787107 1,776 14,119 SH   SOLE   14,119 0 0
POSCO SPONSORED ADR 693483109 530 11,236 SH   SOLE   11,236 0 0
POTLATCHDELTIC CORPORATION COM 737630103 1,478 35,966 SH   SOLE   35,966 0 0
PRECISION DRILLING CORP COM 2010 74022D308 65 56,583 SH   SOLE   56,583 0 0
PRETIUM RES INC COM 74139C102 127 11,076 SH   SOLE   11,076 0 0
PROPETRO HLDG CORP COM 74347M108 403 44,342 SH   SOLE   44,342 0 0
QEP RES INC COM 74733V100 248 67,003 SH   SOLE   67,003 0 0
RANGE RES CORP COM 75281A109 92 24,123 SH   SOLE   24,123 0 0
RAYONIER INC COM 754907103 1,514 53,697 SH   SOLE   53,697 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 754 50,261 SH   SOLE   50,261 0 0
REXNORD CORP NEW COM 76169B102 516 19,092 SH   SOLE   19,092 0 0
RING ENERGY INC COM 76680V108 60 36,755 SH   SOLE   36,755 0 0
RIO TINTO PLC SPONSORED ADR 767204100 3,207 61,561 SH   SOLE   61,561 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 412 7,007 SH   SOLE   7,007 0 0
RPC INC COM 749660106 1,246 222,034 SH   SOLE   222,034 0 0
SANDERSON FARMS INC COM 800013104 4,723 31,208 SH   SOLE   31,208 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 237 42,029 SH   SOLE   42,029 0 0
SCHLUMBERGER LTD COM 806857108 569 16,641 SH   SOLE   16,641 0 0
SCHNITZER STL INDS CL A 806882106 501 24,265 SH   SOLE   24,265 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 319 36,801 SH   SOLE   36,801 0 0
SIBANYE STILLWATER SPONSORED ADR 825724206 93 17,217 SH   SOLE   17,217 0 0
SJW GROUP COM 784305104 558 8,165 SH   SOLE   8,165 0 0
SM ENERGY CO COM 78454L100 1,221 126,038 SH   SOLE   126,038 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 1,293 15,443 SH   SOLE   15,443 0 0
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 293 21,863 SH   SOLE   21,863 0 0
SOUTHWESTERN ENERGY CO COM 845467109 62 32,128 SH   SOLE   32,128 0 0
SRC ENERGY INC COM 78470V108 2,260 484,935 SH   SOLE   484,935 0 0
STEEL DYNAMICS INC COM 858119100 1,431 48,019 SH   SOLE   48,019 0 0
SUNCOKE ENERGY INC COM 86722A103 101 17,835 SH   SOLE   17,835 0 0
SUNCOR ENERGY INC NEW COM 867224107 619 19,610 SH   SOLE   19,610 0 0
SUNPOWER CORP COM 867652406 132 11,999 SH   SOLE   11,999 0 0
SUNRUN INC COM 86771W105 633 37,888 SH   SOLE   37,888 0 0
TECK RESOURCES LTD CL B 878742204 3,248 200,105 SH   SOLE   200,105 0 0
TELLURIAN INC NEW COM 87968A104 865 104,063 SH   SOLE   104,063 0 0
TENARIS S A SPONSORED ADS 88031M109 1,553 73,324 SH   SOLE   73,324 0 0
TERNIUM SA SPONSORED ADS 880890108 668 34,832 SH   SOLE   34,832 0 0
TOTAL S A SPONSORED ADS 89151E109 741 14,243 SH   SOLE   14,243 0 0
TPI COMPOSITES INC COM 87266J104 399 21,287 SH   SOLE   21,287 0 0
TRANSOCEAN LTD REG SHS H8817H100 103 22,975 SH   SOLE   22,975 0 0
TYSON FOODS INC CL A 902494103 5,719 66,392 SH   SOLE   66,392 0 0
U S SILICA HLDGS INC COM 90346E103 278 29,080 SH   SOLE   29,080 0 0
UNIT CORP COM 909218109 46 13,473 SH   SOLE   13,473 0 0
UNITED STATES STL CORP NEW COM 912909108 2,885 249,764 SH   SOLE   249,764 0 0
VALARIS PLC SHS CLASS A G9402V109 199 41,351 SH   SOLE   41,351 0 0
VALE S A SPONSORED ADS 91912E105 126 10,957 SH   SOLE   10,957 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,461 17,141 SH   SOLE   17,141 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 468 53,882 SH   SOLE   53,882 0 0
VERMILION ENERGY INC COM 923725105 268 16,111 SH   SOLE   16,111 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 884 31,932 SH   SOLE   31,932 0 0
W & T OFFSHORE INC COM 92922P106 1,008 230,600 SH   SOLE   230,600 0 0
WARRIOR MET COAL INC COM 93627C101 912 46,699 SH   SOLE   46,699 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 219 8,362 SH   SOLE   8,362 0 0
WHITING PETE CORP NEW COM NEW 966387409 537 66,924 SH   SOLE   66,924 0 0
WPX ENERGY INC COM 98212B103 1,683 158,882 SH   SOLE   158,882 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 621 67,136 SH   SOLE   67,136 0 0