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
AMEREN CORPORATION COM 023608102 13,019 360,030 SH   SOLE   360,030 0 0
AMERICAN ELECTRIC POWER COM 025537101 22,624 484,044 SH   SOLE   484,044 0 0
ALLETE INC COM 018522300 2,946 59,067 SH   SOLE   59,067 0 0
ATMOS ENERGY CORP COM 049560105 9,269 204,068 SH   SOLE   204,068 0 0
AVISTA CORP COM 05379B107 2,389 84,755 SH   SOLE   84,755 0 0
AMERICAN WATER WORKS CO INC COM 030420103 29,906 707,675 SH   SOLE   707,675 0 0
AMERICAN STATES WATER CO COM 029899101 1,810 63,001 SH   SOLE   63,001 0 0
AMERICAN EXPRESS CO COM 025816109 423,417 4,666,777 SH   SOLE   4,666,777 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 608,394 17,412,525 SH   SOLE   17,412,525 0 0
CMS ENERGY CORP COM 125896100 10,398 388,419 SH   SOLE   388,419 0 0
CLECO CORPORATION COM 12561W105 3,967 85,089 SH   SOLE   85,089 0 0
CENTERPOINT ENERGY INC COM 15189T107 14,489 625,082 SH   SOLE   625,082 0 0
CALIFORNIA WATER SERVICE COM 130788102 1,668 72,318 SH   SOLE   72,318 0 0
DTE ENERGY COMPANY COM 233331107 17,311 260,748 SH   SOLE   260,748 0 0
DIRECTV COM 25490A309 701,183 10,153,237 SH   SOLE   10,153,237 0 0
DUKE ENERGY CORP COM 26441C204 22,296 323,077 SH   SOLE   323,077 0 0
EBAY INC COM 278642103 1,054,978 19,228,624 SH   SOLE   19,226,824 0 0
CONSOLIDATED EDISON INC COM 209115104 23,192 419,532 SH   SOLE   419,532 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 1,518 66,882 SH   SOLE   66,882 0 0
EL PASO ELECTRIC CO COM 283677854 2,011 57,285 SH   SOLE   57,285 0 0
GOOGLE INC CLASS A 38259P508 642,329 573,145 SH   SOLE   573,145 0 0
GREAT PLAINS ENERGY INC COM 391164100 5,437 224,303 SH   SOLE   224,303 0 0
IDACORP INC COM 451107106 3,774 72,804 SH   SOLE   72,804 0 0
ITC HOLDINGS CORP COM 465685105 25,424 265,333 SH   SOLE   265,333 0 0
JOHNSON AND JOHNSON COM 478160104 250,526 2,735,299 SH   SOLE   2,735,299 0 0
THE COCA COLA COMPANY COM 191216100 171,208 4,144,472 SH   SOLE   4,144,472 0 0
THE LACLEDE GROUP INC COM 505597104 2,209 48,496 SH   SOLE   48,496 0 0
ALLIANT ENERGY CORP COM 018802108 9,967 193,157 SH   SOLE   193,157 0 0
LOWES COS INC COM 548661107 804,288 16,231,837 SH   SOLE   16,231,837 0 0
MASTERCARD INC CLASS A 57636Q104 513,529 614,666 SH   SOLE   614,666 0 0
MCDONALDS CORP COM 580135101 288,992 2,978,373 SH   SOLE   2,978,373 0 0
MGE ENERGY INC COM 55277P104 2,003 34,712 SH   SOLE   34,712 0 0
MICROSOFT CORP COM 594918104 939,594 25,116,119 SH   SOLE   25,116,119 0 0
NISOURCE INC COM 65473P105 15,115 459,700 SH   SOLE   459,700 0 0
NORTHEAST UTILITIES COM 664397106 29,079 685,988 SH   SOLE   685,988 0 0
NORTHWESTERN CORP COM 668074305 2,484 57,346 SH   SOLE   57,346 0 0
NORTHWEST NATURAL GAS CO COM 667655104 1,898 44,330 SH   SOLE   44,330 0 0
ORACLE CORP COM 68389X105 942,825 24,642,567 SH   SOLE   24,642,567 0 0
P G AND E CORP COM 69331C108 23,519 583,890 SH   SOLE   583,890 0 0
PNM RESOURCES INC COM 69349H107 2,759 114,377 SH   SOLE   114,377 0 0
PINNACLE WEST CAPITAL COM 723484101 8,181 154,594 SH   SOLE   154,594 0 0
PIEDMONT NATURAL GAS CO COM 720186105 3,973 119,819 SH   SOLE   119,819 0 0
PEPCO HOLDINGS INC COM 713291102 6,942 362,866 SH   SOLE   362,866 0 0
PORTLAND GENERAL ELECTRIC CO COM 736508847 3,348 110,849 SH   SOLE   110,849 0 0
SCANA CORP COM 80589M102 9,349 199,212 SH   SOLE   199,212 0 0
SJW CORP COM 784305104 810 27,195 SH   SOLE   27,195 0 0
THE SOUTHERN CO COM 842587107 38,200 929,211 SH   SOLE   929,211 0 0
SEMPRA ENERGY COM 816851109 24,156 269,119 SH   SOLE   269,119 0 0
QUESTAR CORP COM 748356102 5,951 258,855 SH   SOLE   258,855 0 0
STATE STREET CORP COM 857477103 294,992 4,019,514 SH   SOLE   4,019,514 0 0
SOUTHWEST GAS CORP COM 844895102 20,898 373,772 SH   SOLE   373,772 0 0
TECO ENERGY INC COM 872375100 5,392 312,734 SH   SOLE   312,734 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 6,165 113,312 SH   SOLE   113,312 0 0
TARGET CORP COM 87612E106 803,462 12,698,946 SH   SOLE   12,698,946 0 0
UIL HOLDINGS CORP COM 902748102 3,210 82,839 SH   SOLE   82,839 0 0
UNS ENERGY CORP COM 903119105 3,556 59,417 SH   SOLE   59,417 0 0
US BANCORP COM 902973304 461,012 11,411,195 SH   SOLE   11,411,195 0 0
VISA INC CLASS A 92826C839 775,564 3,482,864 SH   SOLE   3,482,864 0 0
VECTREN CORPORATION COM 92240G101 4,315 121,559 SH   SOLE   121,559 0 0
WISCONSIN ENERGY CORP COM 976657106 28,891 698,871 SH   SOLE   698,871 0 0
WELLS FARGO AND CO COM 949746101 652,984 14,382,913 SH   SOLE   14,382,913 0 0
WALMART STORES INC COM 931142103 576,847 7,330,630 SH   SOLE   7,330,630 0 0
WESTAR ENERGY INC COM 95709T100 14,740 458,193 SH   SOLE   458,193 0 0
AQUA AMERICA INC COM 03836W103 6,166 261,388 SH   SOLE   261,388 0 0
XCEL ENERGY INC COM 98389B100 31,980 1,144,586 SH   SOLE   1,144,586 0 0
YUM BRANDS INC COM 988498101 682,289 9,023,796 SH   SOLE   9,023,796 0 0