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 8,468 44,664 SH   SOLE   44,664 0 0
American Electric Power Co Inc COM 025537101 13,570 197,851 SH   SOLE   197,851 0 0
American Tower Corp REIT 03027X100 64,428 443,292 SH   SOLE   443,292 0 0
Aon PLC COM G0408V102 26,959 192,109 SH   SOLE   192,109 0 0
Bank of America Corp COM 060505104 121,074 4,037,123 SH   SOLE   4,037,123 0 0
Bank of New York Mellon Corp/The COM 064058100 118,478 2,299,205 SH   SOLE   2,299,205 0 0
Berkshire Hathaway Inc COM 084670702 168,121 842,799 SH   SOLE   842,799 0 0
Chevron Corp COM 166764100 152,391 1,336,297 SH   SOLE   1,336,297 0 0
Citigroup Inc COM 172967424 76,918 1,139,524 SH   SOLE   1,139,524 0 0
CME Group Inc/IL COM 12572Q105 61,120 377,888 SH   SOLE   377,888 0 0
Dominion Resources Inc/VA COM 25746U109 24,176 358,529 SH   SOLE   358,529 0 0
Duke Energy Corp COM 26441C204 14,707 189,843 SH   SOLE   189,843 0 0
Exxon Mobil Corp COM 30231G102 14,094 188,899 SH   SOLE   188,899 0 0
First Republic Bank/CA COM 33616C100 50,469 544,965 SH   SOLE   544,965 0 0
Goldman Sachs Group Inc/The COM 38141G104 37,678 149,600 SH   SOLE   149,600 0 0
IntercontinentalExchange Inc COM 45866F104 78,634 1,084,305 SH   SOLE   1,084,305 0 0
JPMorgan Chase & Co COM 46625H100 157,394 1,431,250 SH   SOLE   1,431,250 0 0
Kinder Morgan Inc/DE COM 49456B101 123,577 8,205,613 SH   SOLE   8,205,613 0 0
NextEra Energy Inc COM 65339F101 82,283 503,786 SH   SOLE   503,786 0 0
Northern Trust Corp COM 665859104 44,977 436,122 SH   SOLE   436,122 0 0
NorthWestern Corp COM 668074305 9,145 169,980 SH   SOLE   169,980 0 0
PPL Corp COM 69351T106 21,015 742,853 SH   SOLE   742,853 0 0
Prologis Inc REIT 74340W103 67,001 1,063,675 SH   SOLE   1,063,675 0 0
Royal Bank of Canada COM 780087102 98,665 1,276,552 SH   SOLE   1,276,552 0 0
Schlumberger Ltd COM 806857108 56,890 878,202 SH   SOLE   878,202 0 0
Southern Co/The COM 842587107 55,410 1,240,714 SH   SOLE   1,240,714 0 0
Suncor Energy Inc COM 867224107 42,633 1,234,298 SH   SOLE   1,234,298 0 0
Toronto-Dominion Bank/The COM 891160509 60,597 1,065,899 SH   SOLE   1,065,899 0 0
US Bancorp/MN COM 902973304 52,597 1,041,527 SH   SOLE   1,041,527 0 0
Wells Fargo & Co COM 949746101 124,272 2,371,156 SH   SOLE   2,371,156 0 0
Zions Bancorporation COM 989701107 155,227 2,943,807 SH   SOLE   2,943,807 0 0