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
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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
Affiliated Managers Group Inc COM 008252108 45,901 282,645 SH   SOLE 282,645 0 0
American Electric Power Co Inc COM 025537101 39,412 593,554 SH   SOLE 593,554 0 0
American International Group Inc COM 026874784 72,184 1,335,498 SH   SOLE 1,335,498 0 0
American Tower Corp REIT 03027X100 169,748 1,658,184 SH   SOLE 1,658,184 0 0
Bank of America Corp COM 060505104 65,065 4,812,500 SH   SOLE 4,812,500 0 0
Bank of Montreal COM 063671101 82,553 1,360,230 SH   SOLE 1,360,230 0 0
Bank of New York Mellon Corp/The COM 064058100 250,485 6,801,146 SH   SOLE 6,801,146 0 0
Bank of Nova Scotia COM 064149107 44,307 906,819 SH   SOLE 906,819 0 0
Berkshire Hathaway Inc COM 084670702 195,495 1,377,894 SH   SOLE 1,377,894 0 0
CME Group Inc/IL COM 12572Q105 106,896 1,112,915 SH   SOLE 1,112,915 0 0
Chevron Corp COM 166764100 216,276 2,267,049 SH   SOLE 2,267,049 0 0
ConocoPhillips COM 20825C104 25,610 635,951 SH   SOLE 635,951 0 0
Crown Castle International Corp REIT 22822V101 64,178 741,943 SH   SOLE 741,943 0 0
Dominion Resources Inc/VA COM 25746U109 37,157 494,629 SH   SOLE   494,629 0 0
Exxon Mobil Corp COM 30231G102 59,066 706,613 SH   SOLE 706,613 0 0
IntercontinentalExchange Inc COM 45866F104 77,538 329,752 SH   SOLE 329,752 0 0
Kinder Morgan Inc/DE COM 49456B101 171,771 9,617,604 SH   SOLE 9,617,604 0 0
NextEra Energy Inc COM 65339F101 125,627 1,061,572 SH   SOLE 1,061,572 0 0
NorthWestern Corp COM 668074305 27,997 453,410 SH   SOLE 453,410 0 0
PPL Corp COM 69351T106 52,726 1,384,960 SH   SOLE 1,384,960 0 0
Questar Corp COM 748356102 11,694 471,512 SH   SOLE 471,512 0 0
Royal Bank of Canada COM 780087102 132,186 2,296,491 SH   SOLE 2,296,491 0 0
Schlumberger Ltd COM 806857108 166,761 2,261,160 SH   SOLE 2,261,160 0 0
Southern Co/The COM 842587107 70,730 1,367,295 SH   SOLE 1,367,295 0 0
State Street Corp COM 857477103 136,299 2,329,121 SH   SOLE 2,329,121 0 0
Suncor Energy Inc COM 867224107 138,703 4,987,507 SH   SOLE 4,987,507 0 0
Toronto-Dominion Bank/The COM 891160509 79,644 1,846,614 SH   SOLE 1,846,614 0 0
US Bancorp/MN COM 902973304 149,735 3,688,950 SH   SOLE 3,688,950 0 0
Verizon Communications Inc COM 92343V104 128,398 2,374,218 SH   SOLE 2,374,218 0 0
Wells Fargo & Co COM 949746101 242,448 5,013,416 SH   SOLE 5,013,416 0 0
Zions Bancorporation COM 989701107 111,196 4,592,981 SH   SOLE 4,592,981 0 0
Aon PLC COM G0408V102 73,806 706,613 SH   SOLE 706,613 0 0