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 9,006 195,231 SH   SOLE   195,231 0 0
AMERICAN ELECTRIC POWER COM 025537101 18,701 307,983 SH   SOLE   307,983 0 0
ALLETE INC COM 018522300 2,103 38,132 SH   SOLE   38,132 0 0
ATMOS ENERGY CORP COM 049560105 9,067 162,666 SH   SOLE   162,666 0 0
AVISTA CORP COM 05379B107 1,902 53,814 SH   SOLE   53,814 0 0
AMERICAN WATER WORKS CO INC COM 030420103 43,984 825,207 SH   SOLE   825,207 0 0
AMERICAN STATES WATER CO COM 029899101 1,523 40,452 SH   SOLE   40,452 0 0
AMERICAN EXPRESS CO COM 025816109 153,942 1,654,574 SH   SOLE   1,654,574 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 617,358 15,217,113 SH   SOLE   15,217,113 0 0
CMS ENERGY CORP COM 125896100 8,053 231,744 SH   SOLE   231,744 0 0
CLECO CORPORATION COM 12561W105 2,723 49,931 SH   SOLE   49,931 0 0
CENTERPOINT ENERGY INC COM 15189T107 8,386 357,901 SH   SOLE   357,901 0 0
CALIFORNIA WATER SERVICE COM 130788102 1,080 43,892 SH   SOLE   43,892 0 0
DTE ENERGY COMPANY COM 233331107 12,459 144,255 SH   SOLE   144,255 0 0
DIRECTV COM 25490A309 601,280 6,935,179 SH   SOLE   6,935,179 0 0
DUKE ENERGY CORP COM 26441C204 18,115 216,848 SH   SOLE   216,848 0 0
EBAY INC COM 278642103 1,300,455 23,172,763 SH   SOLE   23,172,763 0 0
CONSOLIDATED EDISON INC COM 209115104 15,632 236,817 SH   SOLE   236,817 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 1,112 37,407 SH   SOLE   37,407 0 0
EL PASO ELECTRIC CO COM 283677854 1,512 37,753 SH   SOLE   37,753 0 0
GOOGLE INC CLASS A 38259P508 443,978 836,652 SH   SOLE   836,652 0 0
GOOGLE INC CLASS C 38259P706 235,007 446,441 SH   SOLE   446,441 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,606 126,916 SH   SOLE   126,916 0 0
IDACORP INC COM 451107106 2,788 42,117 SH   SOLE   42,117 0 0
ITC HOLDINGS CORP COM 465685105 24,249 599,769 SH   SOLE   599,769 0 0
THE LACLEDE GROUP INC COM 505597104 1,845 34,683 SH   SOLE   34,683 0 0
ALLIANT ENERGY CORP COM 018802108 6,093 91,747 SH   SOLE   91,747 0 0
LOWES COS INC COM 548661107 1,220,484 17,739,591 SH   SOLE   17,739,591 0 0
MASTERCARD INC CLASS A 57636Q104 563,214 6,536,844 SH   SOLE   6,536,844 0 0
MCDONALDS CORP COM 580135101 296,896 3,168,585 SH   SOLE   3,168,585 0 0
MICROSOFT CORP COM 594918104 1,264,698 27,227,088 SH   SOLE   27,227,088 0 0
NISOURCE INC COM 65473P105 11,131 262,409 SH   SOLE   262,409 0 0
NORTHEAST UTILITIES COM 664397106 34,819 650,578 SH   SOLE   650,578 0 0
NORTHWESTERN CORP COM 668074305 2,035 35,959 SH   SOLE   35,959 0 0
NORTHWEST NATURAL GAS CO COM 667655104 1,391 27,867 SH   SOLE   27,867 0 0
ORACLE CORP COM 68389X105 1,097,204 24,398,583 SH   SOLE   24,398,583 0 0
P G AND E CORP COM 69331C108 17,476 328,246 SH   SOLE   328,246 0 0
PNM RESOURCES INC COM 69349H107 2,105 71,031 SH   SOLE   71,031 0 0
PINNACLE WEST CAPITAL COM 723484101 6,143 89,930 SH   SOLE   89,930 0 0
PIEDMONT NATURAL GAS CO COM 720186105 2,530 64,185 SH   SOLE   64,185 0 0
PEPCO HOLDINGS INC COM 713291102 5,667 210,429 SH   SOLE   210,429 0 0
PORTLAND GENERAL ELECTRIC CO COM 736508847 2,544 67,257 SH   SOLE   67,257 0 0
SCANA CORP COM 80589M102 6,974 115,466 SH   SOLE   115,466 0 0
SJW CORP COM 784305104 567 17,640 SH   SOLE   17,640 0 0
THE SOUTHERN CO COM 842587107 39,208 798,366 SH   SOLE   798,366 0 0
SEMPRA ENERGY COM 816851109 17,881 160,570 SH   SOLE   160,570 0 0
QUESTAR CORP COM 748356102 3,685 145,773 SH   SOLE   145,773 0 0
STATE STREET CORP COM 857477103 632,686 8,059,700 SH   SOLE   8,059,700 0 0
SOUTHWEST GAS CORP COM 844895102 6,423 103,923 SH   SOLE   103,923 0 0
TECO ENERGY INC COM 872375100 3,981 194,306 SH   SOLE   194,306 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 5,136 65,978 SH   SOLE   65,978 0 0
TARGET CORP COM 87612E106 925,548 12,192,698 SH   SOLE   12,192,698 0 0
UIL HOLDINGS CORP COM 902748102 2,178 50,027 SH   SOLE   50,027 0 0
US BANCORP COM 902973304 227,908 5,070,246 SH   SOLE   5,070,246 0 0
VISA INC CLASS A 92826C839 1,044,120 3,982,150 SH   SOLE   3,982,150 0 0
VECTREN CORPORATION COM 92240G101 3,234 69,948 SH   SOLE   69,948 0 0
WISCONSIN ENERGY CORP COM 976657106 29,981 568,468 SH   SOLE   568,468 0 0
WELLS FARGO AND CO COM 949746101 529,136 9,652,240 SH   SOLE   9,652,240 0 0
WALMART STORES INC COM 931142103 477,838 5,564,021 SH   SOLE   5,564,021 0 0
WESTAR ENERGY INC COM 95709T100 19,173 464,916 SH   SOLE   464,916 0 0
AQUA AMERICA INC COM 03836W103 3,934 147,334 SH   SOLE   147,334 0 0
XCEL ENERGY INC COM 98389B100 33,032 919,595 SH   SOLE   919,595 0 0
CROWN CASTLE INTL CORP COM 228227104 73,798 937,711 SH   SOLE   937,711 0 0
YUM BRANDS INC COM 988498101 964,194 13,235,338 SH   SOLE   13,235,338 0 0
AMERICAN TOWER CORP COM 03027X100 17,700 179,056 SH   SOLE   179,056 0 0
PPL CORPORATION COM 69351T106 17,341 477,330 SH   SOLE   477,330 0 0
HOME DEPOT INC COM 437076102 861,350 8,205,679 SH   SOLE   8,205,679 0 0
EDISON INTERNATIONAL COM 281020107 17,002 259,659 SH   SOLE   259,659 0 0
ONE GAS INC COM 68235P108 1,786 43,338 SH   SOLE   43,338 0 0