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
ABBOTT LABS COM 002824100 288 6,400 SH   DFND 6,400 0 0
ABENGOA YIELD PLC ORD SHS G00349103 410 15,000 SH   DFND 15,000 0 0
AECOM TECHNOLOGY CORP DELAWA COM 00766T100 977 32,171 SH   DFND 32,171 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 3,507 85,653 SH   DFND 85,653 0 0
AMERICAN STS WTR CO COM 029899101 623 16,546 SH   DFND 16,546 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 5,661 106,205 SH   DFND 106,205 0 0
AQUA AMERICA INC COM 03836W103 3,379 126,555 SH   DFND 126,555 0 0
CALGON CARBON CORP COM 129603106 1,800 86,665 SH   DFND 86,665 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 1,138 46,242 SH   DFND 46,242 0 0
CANADIAN SOLAR INC COM 136635109 1,379 57,000 SH   DFND 57,000 0 0
CHUBB CORP COM 171232101 383 3,700 SH   DFND 3,700 0 0
CISCO SYS INC COM 17275R102 392 14,100 SH   DFND 14,100 0 0
COLGATE PALMOLIVE CO COM 194162103 228 3,300 SH   DFND 3,300 0 0
CONSOLIDATED WATER CO INC ORD G23773107 576 53,934 SH   DFND 53,934 0 0
CONTROL4 CORP COM 21240D107 446 29,000 SH   DFND 29,000 0 0
DANAHER CORP DEL COM 235851102 8,662 101,056 SH   DFND 101,056 0 0
DISCOVER FINL SVCS COM 254709108 223 3,400 SH   DFND 3,400 0 0
DOLLAR TREE INC COM 256746108 267 3,800 SH   DFND 3,800 0 0
EMERSON ELEC CO COM 291011104 253 4,100 SH   DFND 4,100 0 0
ENERNOC INC COM 292764107 327 21,189 SH   DFND 21,189 0 0
ENPHASE ENERGY INC COM 29355A107 557 39,000 SH   DFND 39,000 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 861 51,000 SH   DFND 51,000 0 0
FLOWSERVE CORP COM 34354P105 2,487 41,568 SH   DFND 41,568 0 0
FOSSIL GROUP INC COM 34988V106 321 2,900 SH   DFND 2,900 0 0
FUELCELL ENERGY INC COM 35952H106 293 190,000 SH   DFND 190,000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 229 5,500 SH   DFND 5,500 0 0
HEXCEL CORP NEW COM 428291108 290 7,000 SH   DFND 7,000 0 0
HONEYWELL INTL INC COM 438516106 600 6,000 SH   DFND 6,000 0 0
HYDROGENICS CORP NEW COM NEW 448883207 226 17,000 SH   DFND 17,000 0 0
IDEX CORP COM 45167R104 1,962 25,204 SH   DFND 25,204 0 0
ILLINOIS TOOL WKS INC COM 452308109 284 3,000 SH   DFND 3,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 257 1,600 SH   DFND 1,600 0 0
JOHNSON & JOHNSON COM 478160104 272 2,600 SH   DFND 2,600 0 0
L BRANDS INC COM 501797104 459 5,300 SH   DFND 5,300 0 0
MASTERCARD INC CL A 57636Q104 302 3,500 SH   DFND 3,500 0 0
MICROSOFT CORP COM 594918104 390 8,400 SH   DFND 8,400 0 0
MONOLITHIC PWR SYS INC COM 609839105 870 17,500 SH   DFND 17,500 0 0
NEW JERSEY RES COM 646025106 826 13,500 SH   DFND 13,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 258 3,200 SH   DFND 3,200 0 0
ORACLE CORP COM 68389X105 306 6,800 SH   DFND 6,800 0 0
PALL CORP COM 696429307 1,606 15,871 SH   DFND 15,871 0 0
PARKER HANNIFIN CORP COM 701094104 1,704 13,210 SH   DFND 13,210 0 0
PENTAIR PLC SHS G7S00T104 3,072 46,250 SH   DFND 46,250 0 0
PEPSICO INC COM 713448108 208 2,200 SH   DFND 2,200 0 0
PERKINELMER INC COM 714046109 3,775 86,325 SH   DFND 86,325 0 0
PFIZER INC COM 717081103 265 8,500 SH   DFND 8,500 0 0
PIEDMONT NAT GAS INC COM 720186105 276 7,000 SH   DFND 7,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 246 2,700 SH   DFND 2,700 0 0
POLYPORE INTL INC COM 73179V103 541 11,500 SH   DFND 11,500 0 0
POWER INTEGRATIONS INC COM 739276103 310 6,000 SH   DFND 6,000 0 0
PRAXAIR INC COM 74005P104 505 3,900 SH   DFND 3,900 0 0
QUESTAR CORP COM 748356102 657 26,000 SH   DFND 26,000 0 0
REPUBLIC SVCS INC COM 760759100 1,436 35,656 SH   DFND 35,656 0 0
REXNORD CORP NEW COM 76169B102 1,068 37,881 SH   DFND 37,881 0 0
ROCKWOOD HLDGS INC COM 774415103 630 8,000 SH   DFND 8,000 0 0
SEALED AIR CORP NEW COM 81211K100 2,759 65,026 SH   DFND 65,026 0 0
SMITH A O COM 831865209 4,031 71,465 SH   DFND 71,465 0 0
SPX CORP COM 784635104 2,136 24,859 SH   DFND 24,859 0 0
SUNEDISON INC COM 86732Y109 683 35,000 SH   DFND 35,000 0 0
SUNPOWER CORP COM 867652406 439 17,000 SH   DFND 17,000 0 0
TETRA TECH INC NEW COM 88162G103 1,536 57,487 SH   DFND 57,487 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 5,732 45,747 SH   DFND 45,747 0 0
TRIMBLE NAVIGATION LTD COM 896239100 1,313 49,490 SH   DFND 49,490 0 0
UGI CORP NEW COM 902681105 684 18,000 SH   DFND 18,000 0 0
UIL HLDG CORP COM 902748102 827 19,000 SH   DFND 19,000 0 0
UNITEDHEALTH GROUP INC COM 91324P102 334 3,300 SH   DFND 3,300 0 0
VMWARE INC CL A COM 928563402 330 4,000 SH   DFND 4,000 0 0
WASTE MGMT INC DEL COM 94106L109 2,312 45,068 SH   DFND 45,068 0 0
WATERS CORP COM 941848103 4,945 43,863 SH   DFND 43,863 0 0
WELLS FARGO & CO NEW COM 949746101 400 7,300 SH   DFND 7,300 0 0
XYLEM INC COM 98419M100 5,059 132,858 SH   DFND 132,858 0 0