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 4,400 99,198 SH   DFND 99,198 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,494 17,677 SH   DFND 17,677 0 0
ANSYS INC COM 03662Q105 1,602 17,652 SH   DFND 17,652 0 0
AQUA AMERICA INC COM 03836W103 1,433 40,183 SH   DFND 40,183 0 0
AVANGRID INC COM 05351W103 691 15,000 SH   DFND 15,000 0 0
CALGON CARBON CORP COM 129603106 803 61,120 SH   DFND 61,120 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 1,020 29,221 SH   DFND 29,221 0 0
CANADIAN SOLAR INC COM 136635109 484 32,000 SH   DFND 32,000 0 0
CONSOLIDATED WATER CO INC ORD G23773107 386 29,531 SH   DFND 29,531 0 0
CRANE CO COM 224399105 1,292 22,782 SH   DFND 22,782 0 0
DANAHER CORP DEL COM 235851102 7,572 74,961 SH   DFND 74,961 0 0
EATON CORP PLC SHS G29183103 573 9,600 SH   DFND 9,600 0 0
ENPHASE ENERGY INC COM 29355A107 229 115,000 SH   DFND 115,000 0 0
FIRST SOLAR INC COM 336433107 291 6,000 SH   DFND 6,000 0 0
FLOWSERVE CORP COM 34354P105 1,562 34,591 SH   DFND 34,591 0 0
FUELCELL ENERGY INC COM NEW 35952H502 152 24,500 SH   DFND 24,500 0 0
HEXCEL CORP NEW COM 428291108 321 7,700 SH   DFND 7,700 0 0
IDEAL PWR INC COM 451622104 85 17,258 SH   DFND 17,258 0 0
IDEX CORP COM 45167R104 1,625 19,799 SH   DFND 19,799 0 0
ITRON INC COM 465741106 1,285 29,830 SH   DFND 29,830 0 0
IXYS CORP COM 46600W106 144 14,000 SH   DFND 14,000 0 0
MASCO CORP COM 574599106 2,343 75,740 SH   DFND 75,740 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 787 15,500 SH   DFND 15,500 0 0
MONOLITHIC PWR SYS INC COM 609839105 581 8,500 SH   DFND 8,500 0 0
MUELLER WTR PRODS INC COM SER A 624758108 694 60,777 SH   DFND 60,777 0 0
NEW JERSEY RES COM 646025106 578 15,000 SH   DFND 15,000 0 0
NORTHWEST NAT GAS CO COM 667655104 421 6,500 SH   DFND 6,500 0 0
ON SEMICONDUCTOR CORP COM 682189105 670 76,000 SH   DFND 76,000 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 264 11,500 SH   DFND 11,500 0 0
PENTAIR PLC SHS G7S00T104 2,706 46,431 SH   DFND 46,431 0 0
PERKINELMER INC COM 714046109 2,596 49,535 SH   DFND 49,535 0 0
POWER INTEGRATIONS INC COM 739276103 576 11,500 SH   DFND 11,500 0 0
PRAXAIR INC COM 74005P104 242 2,150 SH   DFND 2,150 0 0
PTC INC COM 69370C100 256 6,800 SH   DFND 6,800 0 0
REPUBLIC SVCS INC COM 760759100 2,360 45,990 SH   DFND 45,990 0 0
ROCKWELL AUTOMATION INC COM 773903109 494 4,300 SH   DFND 4,300 0 0
SEALED AIR CORP NEW COM 81211K100 1,948 42,379 SH   DFND 42,379 0 0
SILVER SPRING NETWORKS INC COM 82817Q103 425 35,000 SH   DFND 35,000 0 0
SMITH A O COM 831865209 4,151 47,116 SH   DFND 47,116 0 0
SPX FLOW INC COM 78469X107 986 37,824 SH   DFND 37,824 0 0
SUNPOWER CORP COM 867652406 434 28,000 SH   DFND 28,000 0 0
SUNRUN INC COM 86771W105 113 19,000 SH   DFND 19,000 0 0
TETRA TECH INC NEW COM 88162G103 2,161 70,264 SH   DFND 70,264 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 8,147 55,135 SH   DFND 55,135 0 0
TRIMBLE NAVIGATION LTD COM 896239100 2,218 91,076 SH   DFND 91,076 0 0
UGI CORP NEW COM 902681105 498 11,000 SH   DFND 11,000 0 0
VALMONT INDS INC COM 920253101 2,291 16,942 SH   DFND 16,942 0 0
WASTE MGMT INC DEL COM 94106L109 2,711 40,920 SH   DFND 40,920 0 0
WATERS CORP COM 941848103 4,479 31,853 SH   DFND 31,853 0 0
WGL HLDGS INC COM 92924F106 205 2,900 SH   DFND 2,900 0 0
XILINX INC COM 983919101 784 17,000 SH   DFND 17,000 0 0
XYLEM INC COM 98419M100 5,759 128,979 SH   DFND 128,979 0 0