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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGCO CORP COM 001084102   1,734,334 18,553 SH   SOLE   18,553 0 0
AGNICO EAGLE MINES LTD COM 008474108   2,653,403 33,933 SH   SOLE   33,933 0 0
ALBEMARLE CORP COM 012653101   305,498 3,549 SH   SOLE   3,549 0 0
ALCOA CORP COM 013872106   3,468,620 91,811 SH   SOLE   91,811 0 0
FINANCIAL INVS TR CORECOMMODITY NA 31761T886   280,222,151 12,094,180 SH   SOLE   12,094,180 0 0
ANTERO RESOURCES CORP COM 03674X106   495,677 14,142 SH   SOLE   14,142 0 0
APA CORPORATION COM 03743Q108   450,994 19,532 SH   SOLE   19,532 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   5,521,988 109,303 SH   SOLE   109,303 0 0
ARRAY TECHNOLOGIES INC COM SHS 04271T100   2,193,281 363,126 SH   SOLE   363,126 0 0
ATI INC COM 01741R102   1,375,945 24,999 SH   SOLE   24,999 0 0
B2GOLD CORP COM 11777Q209   2,937,796 1,204,067 SH   SOLE   1,204,067 0 0
BAKER HUGHES COMPANY CL A 05722G100   1,628,904 39,710 SH   SOLE   39,710 0 0
BARRICK GOLD CORP COM 067901108   169,384 10,928 SH   SOLE   10,928 0 0
BAYTEX ENERGY CORP COM 07317Q105   2,286,594 892,515 SH   SOLE   892,515 0 0
BEYOND MEAT INC COM 08862E109   643,810 171,226 SH   SOLE   171,226 0 0
BHP GROUP LTD SPONSORED ADS 088606108   357,777 7,327 SH   SOLE   7,327 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   288,817 19,782 SH   SOLE   19,782 0 0
CALIFORNIA WTR SVC GROUP COM 130788102   1,597,112 35,233 SH   SOLE   35,233 0 0
CAL MAINE FOODS INC COM NEW 128030202   7,175,994 69,724 SH   SOLE   69,724 0 0
CANADIAN NAT RES LTD COM 136385101   909,742 29,513 SH   SOLE   29,513 0 0
CANADIAN SOLAR INC COM 136635109   242,105 21,772 SH   SOLE   21,772 0 0
CENOVUS ENERGY INC COM 15135U109   3,617,628 239,122 SH   SOLE   239,122 0 0
CENTERRA GOLD INC COM 152006102   2,353,215 414,344 SH   SOLE   414,344 0 0
CENTURY ALUM CO COM 156431108   1,434,807 78,749 SH   SOLE   78,749 0 0
CF INDS HLDGS INC COM 125269100   1,291,404 15,136 SH   SOLE   15,136 0 0
CHAMPIONX CORPORATION COM 15872M104   1,976,414 72,689 SH   SOLE   72,689 0 0
CHEVRON CORP NEW COM 166764100   303,585 2,096 SH   SOLE   2,096 0 0
CHORD ENERGY CORPORATION COM NEW 674215207   1,693,119 14,481 SH   SOLE   14,481 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104   1,896,872 164,659 SH   SOLE   164,659 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102   2,213,283 154,451 SH   SOLE   154,451 0 0
CIVITAS RESOURCES INC COM NEW 17888H103   1,972,272 42,997 SH   SOLE   42,997 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   169,745 18,058 SH   SOLE   18,058 0 0
CNH INDL N V SHS N20944109   5,124,627 452,306 SH   SOLE   452,306 0 0
CNX RES CORP COM 12653C108   380,451 10,375 SH   SOLE   10,375 0 0
COMPASS MINERALS INTL INC COM 20451N101   774,686 68,861 SH   SOLE   68,861 0 0
CONOCOPHILLIPS COM 20825C104   4,723,368 47,629 SH   SOLE   47,629 0 0
CORE LABORATORIES INC COM 21867A105   235,122 13,583 SH   SOLE   13,583 0 0
CORTEVA INC COM 22052L104   4,439,804 77,946 SH   SOLE   77,946 0 0
COTERRA ENERGY INC COM 127097103   4,517,694 176,887 SH   SOLE   176,887 0 0
CRESCENT ENERGY COMPANY CL A COM 44952J104   608,127 41,624 SH   SOLE   41,624 0 0
DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203   2,622,223 134,888 SH   SOLE   134,888 0 0
DARLING INGREDIENTS INC COM 237266101   4,514,561 134,003 SH   SOLE   134,003 0 0
DEERE & CO COM 244199105   3,755,677 8,864 SH   SOLE   8,864 0 0
DEVON ENERGY CORP NEW COM 25179M103   4,581,414 139,976 SH   SOLE   139,976 0 0
DNOW INC COM 67011P100   1,242,078 95,471 SH   SOLE   95,471 0 0
DOLE PLC ORD SHS G27907107   824,139 60,867 SH   SOLE   60,867 0 0
ELDORADO GOLD CORP NEW COM 284902509   1,392,412 93,639 SH   SOLE   93,639 0 0
ENERFLEX LTD COM 29269R105   343,766 34,600 SH   SOLE   34,600 0 0
ENPHASE ENERGY INC COM 29355A107   518,534 7,550 SH   SOLE   7,550 0 0
EOG RES INC COM 26875P101   3,135,229 25,577 SH   SOLE   25,577 0 0
EQT CORP COM 26884L109   230,688 5,003 SH   SOLE   5,003 0 0
ERO COPPER CORP COM 296006109   653,535 48,570 SH   SOLE   48,570 0 0
EXPRO GROUP HOLDINGS NV COM N3144W105   843,483 67,641 SH   SOLE   67,641 0 0
EXXON MOBIL CORP COM 30231G102   389,081 3,617 SH   SOLE   3,617 0 0
FIRST SOLAR INC COM 336433107   1,280,207 7,264 SH   SOLE   7,264 0 0
FLEX LNG LTD SHS G35947202   830,428 36,200 SH   SOLE   36,200 0 0
FLUENCE ENERGY INC COM CL A 34379V103   160,594 10,113 SH   SOLE   10,113 0 0
FMC CORP COM NEW 302491303   5,439,702 111,905 SH   SOLE   111,905 0 0
FRANCO NEV CORP COM 351858105   454,956 3,869 SH   SOLE   3,869 0 0
FREEPORT-MCMORAN INC CL B 35671D857   2,098,360 55,104 SH   SOLE   55,104 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105   948,278 28,554 SH   SOLE   28,554 0 0
GEOPARK LTD USD SHS G38327105   2,194,107 236,689 SH   SOLE   236,689 0 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   1,152,822 87,335 SH   SOLE   87,335 0 0
HALLIBURTON CO COM 406216101   2,143,986 78,852 SH   SOLE   78,852 0 0
HECLA MNG CO COM 422704106   276,222 56,257 SH   SOLE   56,257 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107   1,209,512 129,776 SH   SOLE   129,776 0 0
HELMERICH & PAYNE INC COM 423452101   3,422,586 106,889 SH   SOLE   106,889 0 0
HESS CORP COM 42809H107   245,802 1,848 SH   SOLE   1,848 0 0
HIGHPEAK ENERGY INC COM 43114Q105   829,462 56,426 SH   SOLE   56,426 0 0
HORMEL FOODS CORP COM 440452100   7,075,786 225,559 SH   SOLE   225,559 0 0
HUDBAY MINERALS INC COM 443628102   2,236,789 276,299 SH   SOLE   276,299 0 0
ICL GROUP LTD SHS M53213100   388,037 78,550 SH   SOLE   78,550 0 0
IMPERIAL OIL LTD COM NEW 453038408   625,537 10,170 SH   SOLE   10,170 0 0
INGREDION INC COM 457187102   6,010,547 43,694 SH   SOLE   43,694 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100   1,532,819 61,559 SH   SOLE   61,559 0 0
KINROSS GOLD CORP COM 496902404   96,538 10,414 SH   SOLE   10,414 0 0
KOSMOS ENERGY LTD COM 500688106   107,826 31,528 SH   SOLE   31,528 0 0
LIBERTY ENERGY INC COM CL A 53115L104   2,717,252 136,614 SH   SOLE   136,614 0 0
MAGNOLIA OIL & GAS CORP CL A 559663109   3,274,135 140,040 SH   SOLE   140,040 0 0
MATADOR RES CO COM 576485205   260,596 4,632 SH   SOLE   4,632 0 0
METALLUS INC COM 887399103   296,235 20,965 SH   SOLE   20,965 0 0
MOSAIC CO NEW COM 61945C103   2,183,048 88,814 SH   SOLE   88,814 0 0
MP MATERIALS CORP COM CL A 553368101   570,492 36,570 SH   SOLE   36,570 0 0
MURPHY OIL CORP COM 626717102   6,974,688 230,492 SH   SOLE   230,492 0 0
NABORS INDUSTRIES LTD SHS G6359F137   1,658,616 29,012 SH   SOLE   29,012 0 0
NATIONAL FUEL GAS CO COM 636180101   367,964 6,064 SH   SOLE   6,064 0 0
NEXGEN ENERGY LTD COM 65340P106   112,137 17,037 SH   SOLE   17,037 0 0
NOBLE CORP PLC ORD SHS A G65431127   1,508,142 48,030 SH   SOLE   48,030 0 0
NOV INC COM 62955J103   628,720 43,063 SH   SOLE   43,063 0 0
NPK INTERNATIONAL INC COM SHS 651718504   522,457 68,117 SH   SOLE   68,117 0 0
NUTRIEN LTD COM 67077M108   4,839,208 108,161 SH   SOLE   108,161 0 0
OCCIDENTAL PETE CORP COM 674599105   3,516,114 71,162 SH   SOLE   71,162 0 0
OCEANEERING INTL INC COM 675232102   1,434,974 55,022 SH   SOLE   55,022 0 0
PAN AMERN SILVER CORP COM 697900108   263,640 13,039 SH   SOLE   13,039 0 0
PATTERSON-UTI ENERGY INC COM 703481101   2,455,417 297,266 SH   SOLE   297,266 0 0
PERMIAN RESOURCES CORP CLASS A COM 71424F105   446,283 31,035 SH   SOLE   31,035 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408   515,069 40,052 SH   SOLE   40,052 0 0
PILGRIMS PRIDE CORP COM 72147K108   4,170,842 91,889 SH   SOLE   91,889 0 0
POTLATCHDELTIC CORPORATION COM 737630103   1,302,511 33,185 SH   SOLE   33,185 0 0
PROPETRO HLDG CORP COM 74347M108   3,026,764 324,412 SH   SOLE   324,412 0 0
RAMACO RES INC COM CL A 75134P600   210,453 20,512 SH   SOLE   20,512 0 0
RAYONIER INC COM 754907103   354,099 13,567 SH   SOLE   13,567 0 0
RIO TINTO PLC SPONSORED ADR 767204100   307,282 5,225 SH   SOLE   5,225 0 0
ROYAL GOLD INC COM 780287108   237,594 1,802 SH   SOLE   1,802 0 0
RPC INC COM 749660106   2,153,226 362,496 SH   SOLE   362,496 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869   2,121,501 181,170 SH   SOLE   181,170 0 0
SCHLUMBERGER LTD COM STK 806857108   2,021,937 52,737 SH   SOLE   52,737 0 0
SELECT WATER SOLUTIONS INC CL A COM 81617J301   1,335,386 100,860 SH   SOLE   100,860 0 0
SHOALS TECHNOLOGIES GROUP IN CL A 82489W107   449,954 81,366 SH   SOLE   81,366 0 0
SM ENERGY CO COM 78454L100   4,062,513 104,812 SH   SOLE   104,812 0 0
SOUTHERN COPPER CORP COM 84265V105   2,608,961 28,629 SH   SOLE   28,629 0 0
SUNCOKE ENERGY INC COM 86722A103   570,588 53,326 SH   SOLE   53,326 0 0
SUNCOR ENERGY INC NEW COM 867224107   1,296,626 36,397 SH   SOLE   36,397 0 0
TALOS ENERGY INC COM 87484T108   259,393 26,714 SH   SOLE   26,714 0 0
TECK RESOURCES LTD CL B 878742204   4,889,099 120,631 SH   SOLE   120,631 0 0
TIDEWATER INC NEW COM 88642R109   1,109,792 20,285 SH   SOLE   20,285 0 0
NOBLE CORP PLC ORD SHS A G65431127   156,570 41,752 SH   SOLE   41,752 0 0
TYSON FOODS INC CL A 902494103   5,874,906 102,279 SH   SOLE   102,279 0 0
UNITED STATES STL CORP NEW COM 912909108   253,973 7,472 SH   SOLE   7,472 0 0
VAALCO ENERGY INC COM NEW 91851C201   1,419,629 324,858 SH   SOLE   324,858 0 0
VALE S A SPONSORED ADS 91912E105   189,330 21,345 SH   SOLE   21,345 0 0
VERALTO CORP COM SHS 92338C103   4,030,205 39,570 SH   SOLE   39,570 0 0
VEREN INC COM NEW 92340V107   1,709,649 333,208 SH   SOLE   333,208 0 0
VERMILION ENERGY INC COM 923725105   3,419,936 364,060 SH   SOLE   364,060 0 0
VITAL ENERGY INC COM 516806205   854,072 27,622 SH   SOLE   27,622 0 0
WARRIOR MET COAL INC COM 93627C101   2,716,285 50,079 SH   SOLE   50,079 0 0
WEST FRASER TIMBER CO LTD COM 952845105   1,812,517 20,960 SH   SOLE   20,960 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   301,109 5,354 SH   SOLE   5,354 0 0