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
AMERICAN WTR WKS CO INC NEW COM 030420103 16,433 308,320 SH   SOLE   308,320 0 0
SMITH A O COM 831865209 12,063 213,844 SH   SOLE   213,844 0 0
ITRON INC COM 465741106 2,425 57,331 SH   SOLE   57,331 0 0
ADVANCED DRAIN SYS INC DEL COM 00790R104 17,541 763,305 SH   SOLE   763,305 0 0
MUELLER WTR PRODS INC COM SER A 624758108 2,936 286,760 SH   SOLE   286,760 0 0
CADIZ INC COM NEW 127537207 26,858 2,398,060 SH   SOLE   2,398,060 0 0
LIMONEIRA CO COM 532746104 2,152 86,164 SH   SOLE   86,164 0 0
CONNECTICUT WTR SVC INC COM 207797101 557 15,341 SH   SOLE   15,341 0 0
NORTHWEST PIPE CO COM 667746101 13,877 460,740 SH   SOLE   460,740 0 0
REXNORD CORP NEW COM 76169B102 19,205 680,801 SH   SOLE   680,801 0 0
TETRA TECH INC NEW COM 88162G103 9,466 354,526 SH   SOLE   354,526 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 6,491 263,756 SH   SOLE   263,756 0 0
MIDDLESEX WATER CO COM 596680108 2,206 95,653 SH   SOLE   95,653 0 0
AQUA AMERICA INC COM 03836W103 8,171 306,043 SH   SOLE   306,043 0 0
NUVERRA ENVIRONMENTAL SOLUTI COM NEW 67091K203 4,610 830,605 SH   SOLE   830,605 0 0
LAYNE CHRISTENSEN CO COM 521050104 8,711 913,066 SH   SOLE   913,066 0 0
PENTAIR PLC SHS G7S00T104 28,258 425,449 SH   SOLE   425,449 0 0
SJW CORP COM 784305104 3,575 111,311 SH   SOLE   111,311 0 0
CALGON CARBON CORP COM 129603106 283 13,600 SH   SOLE   13,600 0 0
ENERGY RECOVERY INC COM 29270J100 246 46,700 SH   SOLE   46,700 0 0
FLOWSERVE CORP COM 34354P105 10,988 183,659 SH   SOLE   183,659 0 0
HD SUPPLY HLDS INC COM 40416M105 10,531 357,093 SH   SOLE   357,093 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 88 14,007 SH   SOLE   14,007 0 0
XYLEM INC COM 98419M100 4,337 113,928 SH   SOLE   113,928 0 0