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 29,177 207,273 SH   SOLE 207,273 0 0
American Electric Power Co Inc COM 025537101 32,358 461,653 SH   SOLE 461,653 0 0
American International Group Inc COM 026874784 54,937 1,038,721 SH   SOLE 1,038,721 0 0
American Tower Corp REIT 03027X100 145,571 1,281,324 SH   SOLE 1,281,324 0 0
Bank of America Corp COM 060505104 52,914 3,987,500 SH   SOLE 3,987,500 0 0
Bank of Montreal COM 063671101 71,443 1,127,047 SH   SOLE 1,127,047 0 0
Bank of New York Mellon Corp/The COM 064058100 218,928 5,635,235 SH   SOLE 5,635,235 0 0
Bank of Nova Scotia COM 064149107 36,824 751,365 SH   SOLE 751,365 0 0
Berkshire Hathaway Inc COM 084670702 172,905 1,194,175 SH   SOLE 1,194,175 0 0
CME Group Inc/IL COM 12572Q105 84,310 865,600 SH   SOLE 865,600 0 0
Chevron Corp COM 166764100 196,914 1,878,412 SH   SOLE 1,878,412 0 0
ConocoPhillips COM 20825C104 20,333 466,365 SH   SOLE 466,365 0 0
Crown Castle International Corp REIT 22822V101 58,532 577,066 SH   SOLE 577,066 0 0
Dominion Resources Inc/VA COM 25746U109 31,939 409,836 SH   SOLE   409,836 0 0
Exxon Mobil Corp COM 30231G102 48,574 518,182 SH   SOLE 518,182 0 0
IntercontinentalExchange Inc COM 45866F104 69,934 273,224 SH   SOLE 273,224 0 0
Kinder Morgan Inc/DE COM 49456B101 198,463 10,601,649 SH   SOLE 10,601,649 0 0
NextEra Energy Inc COM 65339F101 114,699 879,588 SH   SOLE 879,588 0 0
NorthWestern Corp COM 668074305 23,694 375,682 SH   SOLE 375,682 0 0
PPL Corp COM 69351T106 46,306 1,226,679 SH   SOLE 1,226,679 0 0
Royal Bank of Canada COM 780087102 117,606 1,990,292 SH   SOLE 1,990,292 0 0
Schlumberger Ltd COM 806857108 131,129 1,658,184 SH   SOLE 1,658,184 0 0
Southern Co/The COM 842587107 56,276 1,049,320 SH   SOLE 1,049,320 0 0
State Street Corp COM 857477103 104,058 1,929,843 SH   SOLE 1,929,843 0 0
Suncor Energy Inc COM 867224107 114,594 4,132,505 SH   SOLE 4,132,505 0 0
Toronto-Dominion Bank/The COM 891160509 70,215 1,635,572 SH   SOLE 1,635,572 0 0
US Bancorp/MN COM 902973304 109,102 2,705,230 SH   SOLE 2,705,230 0 0
Verizon Communications Inc COM 92343V104 58,653 1,050,364 SH   SOLE 1,050,364 0 0
Wells Fargo & Co COM 949746101 210,216 4,441,505 SH   SOLE 4,441,505 0 0
Zions Bancorporation COM 989701107 100,032 3,980,584 SH   SOLE 3,980,584 0 0
Aon PLC COM G0408V102 56,601 518,182 SH   SOLE 518,182 0 0