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
AGILENT TECHNOLOGIES INC COM 00846U101 4,192 105,201 SH   DFND 105,201 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 3,144 45,620 SH   DFND 45,620 0 0
ANSYS INC COM 03662Q105 1,822 20,374 SH   DFND 20,374 0 0
AQUA AMERICA INC COM 03836W103 1,873 58,842 SH   DFND 58,842 0 0
AVANGRID INC COM 05351W103 782 19,500 SH   DFND 19,500 0 0
CALGON CARBON CORP COM 129603106 528 37,671 SH   DFND 37,671 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 1,027 38,442 SH   DFND 38,442 0 0
CANADIAN SOLAR INC COM 136635109 598 31,000 SH   DFND 31,000 0 0
CONSOLIDATED WATER CO INC ORD G23773107 489 40,136 SH   DFND 40,136 0 0
CRANE CO COM 224399105 1,227 22,782 SH   DFND 22,782 0 0
DANAHER CORP DEL COM 235851102 6,890 72,623 SH   DFND 72,623 0 0
ENPHASE ENERGY INC COM 29355A107 326 140,000 SH   DFND 140,000 0 0
FIRST SOLAR INC COM 336433107 890 13,000 SH   DFND 13,000 0 0
FLOWSERVE CORP COM 34354P105 842 18,965 SH   DFND 18,965 0 0
FUELCELL ENERGY INC COM NEW 35952H502 74 11,000 SH   DFND 11,000 0 0
HEXCEL CORP NEW COM 428291108 437 10,000 SH   DFND 10,000 0 0
IDEAL PWR INC COM 451622104 78 17,258 SH   DFND 17,258 0 0
IDEX CORP COM 45167R104 1,640 19,799 SH   DFND 19,799 0 0
IXYS CORP COM 46600W106 202 18,000 SH   DFND 18,000 0 0
MASCO CORP COM 574599106 1,433 45,551 SH   DFND 45,551 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 819 17,000 SH   DFND 17,000 0 0
MONOLITHIC PWR SYS INC COM 609839105 477 7,500 SH   DFND 7,500 0 0
MUELLER WTR PRODS INC COM SER A 624758108 1,100 111,206 SH   DFND 111,206 0 0
NEW JERSEY RES COM 646025106 619 17,000 SH   DFND 17,000 0 0
NORTHWEST NAT GAS CO COM 667655104 350 6,500 SH   DFND 6,500 0 0
ON SEMICONDUCTOR CORP COM 682189105 738 77,000 SH   DFND 77,000 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 248 13,000 SH   DFND 13,000 0 0
PENTAIR PLC SHS G7S00T104 1,982 36,520 SH   DFND 36,520 0 0
PERKINELMER INC COM 714046109 2,450 49,535 SH   DFND 49,535 0 0
POWER INTEGRATIONS INC COM 739276103 720 14,500 SH   DFND 14,500 0 0
PRAXAIR INC COM 74005P104 217 1,900 SH   DFND 1,900 0 0
PTC INC COM 69370C100 398 12,000 SH   DFND 12,000 0 0
REPUBLIC SVCS INC COM 760759100 2,191 45,990 SH   DFND 45,990 0 0
ROCKWELL AUTOMATION INC COM 773903109 592 5,200 SH   DFND 5,200 0 0
ROPER TECHNOLOGIES INC COM 776696106 422 2,308 SH   DFND 2,308 0 0
SEALED AIR CORP NEW COM 81211K100 3,040 63,327 SH   DFND 63,327 0 0
SILVER SPRING NETWORKS INC COM 82817Q103 504 34,158 SH   DFND 34,158 0 0
SJW CORP COM 784305104 265 7,284 SH   DFND 7,284 0 0
SMITH A O COM 831865209 5,071 66,456 SH   DFND 66,456 0 0
SPX FLOW INC COM 78469X107 1,139 45,422 SH   DFND 45,422 0 0
SUNPOWER CORP COM 867652406 402 18,000 SH   DFND 18,000 0 0
SUNRUN INC COM 86771W105 408 63,000 SH   DFND 63,000 0 0
TETRA TECH INC NEW COM 88162G103 2,043 68,556 SH   DFND 68,556 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 6,407 45,249 SH   DFND 45,249 0 0
TRIMBLE NAVIGATION LTD COM 896239100 2,027 81,701 SH   DFND 81,701 0 0
UGI CORP NEW COM 902681105 564 14,000 SH   DFND 14,000 0 0
WASTE MGMT INC DEL COM 94106L109 2,414 40,920 SH   DFND 40,920 0 0
WATERS CORP COM 941848103 4,191 31,777 SH   DFND 31,777 0 0
WGL HLDGS INC COM 92924F106 232 3,200 SH   DFND 3,200 0 0
XILINX INC COM 983919101 783 16,500 SH   DFND 16,500 0 0
XYLEM INC COM 98419M100 5,981 146,204 SH   DFND 146,204 0 0