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
American Electric Power Co Inc COM 025537101 12,788 184,665 SH   SOLE   184,665 0 0
American Tower Corp REIT 03027X100 59,703 414,115 SH   SOLE   414,115 0 0
Aon PLC COM G0408V102 24,623 179,505 SH   SOLE   179,505 0 0
Bank of America Corp COM 060505104 106,314 3,771,340 SH   SOLE   3,771,340 0 0
Bank of New York Mellon Corp/The COM 064058100 107,521 1,993,714 SH   SOLE   1,993,714 0 0
Berkshire Hathaway Inc COM 084670702 146,933 787,208 SH   SOLE   787,208 0 0
Chevron Corp COM 166764100 157,819 1,248,272 SH   SOLE   1,248,272 0 0
Citigroup Inc COM 172967424 46,728 698,264 SH   SOLE   698,264 0 0
CME Group Inc/IL COM 12572Q105 57,862 352,991 SH   SOLE   352,991 0 0
Dominion Resources Inc/VA COM 25746U109 38,710 567,769 SH   SOLE   567,769 0 0
Duke Energy Corp COM 26441C204 14,015 177,228 SH   SOLE   177,228 0 0
Exxon Mobil Corp COM 30231G102 10,769 130,178 SH   SOLE   130,178 0 0
First Republic Bank/CA COM 33616C100 49,279 509,134 SH   SOLE   509,134 0 0
Goldman Sachs Group Inc/The COM 38141G104 30,825 139,752 SH   SOLE   139,752 0 0
IntercontinentalExchange Inc COM 45866F104 74,498 1,012,881 SH   SOLE   1,012,881 0 0
JPMorgan Chase & Co COM 46625H100 139,323 1,337,064 SH   SOLE   1,337,064 0 0
Kinder Morgan Inc/DE COM 49456B101 135,442 7,665,084 SH   SOLE   7,665,084 0 0
Magellan Midstream Partners LP COM 559080106 21,095 305,363 SH   SOLE   305,363 0 0
NextEra Energy Inc COM 65339F101 78,611 470,636 SH   SOLE   470,636 0 0
Northern Trust Corp COM 665859104 41,918 407,411 SH   SOLE   407,411 0 0
NorthWestern Corp COM 668074305 9,088 158,742 SH   SOLE   158,742 0 0
PPL Corp COM 69351T106 30,122 1,055,052 SH   SOLE   1,055,052 0 0
Prologis Inc REIT 74340W103 65,269 993,584 SH   SOLE   993,584 0 0
Royal Bank of Canada COM 780087102 89,796 1,192,506 SH   SOLE   1,192,506 0 0
Schlumberger Ltd COM 806857108 54,981 820,254 SH   SOLE   820,254 0 0
Southern Co/The COM 842587107 53,670 1,158,933 SH   SOLE   1,158,933 0 0
Suncor Energy Inc COM 867224107 46,904 1,152,987 SH   SOLE   1,152,987 0 0
Toronto-Dominion Bank/The COM 891160509 57,612 995,711 SH   SOLE   995,711 0 0
US Bancorp/MN COM 902973304 48,667 972,947 SH   SOLE   972,947 0 0
Wells Fargo & Co COM 949746101 122,800 2,214,998 SH   SOLE   2,214,998 0 0
Zions Bancorporation COM 989701107 116,344 2,208,099 SH   SOLE   2,208,099 0 0