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
SMITH A O COM 831865209 2,803 65,643 SH   SOLE   65,643 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 2,802 30,867 SH   SOLE   30,867 0 0
CADIZ INC COM NEW 127537207 30,562 2,967,162 SH   SOLE   2,967,162 0 0
REXNORD CORP NEW COM 76169B102 3,418 148,951 SH   SOLE   148,951 0 0
XYLEM INC COM 98419M100 4,225 63,318 SH   SOLE   63,318 0 0
PENTAIR PLC SHS G7S00T104 2,297 60,793 SH   SOLE   60,793 0 0
ARTESIAN RESOURCES CORP CL A 043113208 2,371 68,004 SH   SOLE   68,004 0 0
GLOBAL WTR RES INC COM 379463102 4,664 459,912 SH   SOLE   459,912 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 380 60,151 SH   SOLE   60,151 0 0
MASCO CORP COM 574599106 1,577 53,948 SH   SOLE   53,948 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 3,904 483,800 SH   SOLE   483,800 0 0
SJW GROUP COM 784305104 3,360 60,412 SH   SOLE   60,412 0 0
ITRON INC COM 465741106 943 19,934 SH   SOLE   19,934 0 0