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
BAYTEX ENERGY CORP COM 07317Q105 421 21,000 SH   SOLE   21,000 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 4,639 61,431 SH   SOLE   61,431 0 0
CANADIAN NAT RES LTD COM 136385101 912 23,500 SH   SOLE   23,500 0 0
CANADIAN NATL RY CO COM 136375102 6,523 76,900 SH   SOLE   76,900 0 0
CANADIAN PAC RY LTD COM 13645T100 7,154 30,850 SH   SOLE   30,850 0 0
CENOVUS ENERGY INC COM 15135U109 1,070 50,100 SH   SOLE   50,100 0 0
CRESCENT PT ENERGY CORP COM 22576C101 1,008 35,700 SH   SOLE   35,700 0 0
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 6,029 163,160 SH   SOLE   163,160 0 0
ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 3,894 107,043 SH   SOLE   107,043 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 8,718 242,100 SH   SOLE   242,100 0 0
ENBRIDGE INC COM 29250N105 6,355 104,100 SH   SOLE   104,100 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 18,314 289,040 SH   SOLE   289,040 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 1,923 34,500 SH   SOLE   34,500 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 31,508 956,820 SH   SOLE   956,820 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 1,390 17,900 SH   SOLE   17,900 0 0
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 654 14,700 SH   SOLE   14,700 0 0
KINDER MORGAN INC DEL COM 49456B101 4,527 107,633 SH   SOLE   107,633 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 22,774 296,880 SH   SOLE   296,880 0 0
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 10,557 159,720 SH   SOLE   159,720 0 0
MPLX LP COM UNIT REP LTD 55336V100 7,870 107,430 SH   SOLE   107,430 0 0
NUSTAR ENERGY LP UNIT COM 67058H102 407 6,700 SH   SOLE   6,700 0 0
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 1,888 53,322 SH   SOLE   53,322 0 0
ONEOK INC NEW COM 682680103 347 7,200 SH   SOLE   7,200 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 3,685 90,240 SH   SOLE   90,240 0 0
PEMBINA PIPELINE CORP COM 706327103 5,426 135,587 SH   SOLE   135,587 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 14,977 307,100 SH   SOLE   307,100 0 0
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 2,369 83,500 SH   SOLE   83,500 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 4,457 86,060 SH   SOLE   86,060 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,739 47,000 SH   SOLE   47,000 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 11,323 273,900 SH   SOLE   273,900 0 0
TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 1,148 22,700 SH   SOLE   22,700 0 0
TARGA RES CORP COM 87612G101 2,098 21,900 SH   SOLE   21,900 0 0
TARGA RESOURCES PARTNERS LP COM UNIT 87611X105 6,615 159,940 SH   SOLE   159,940 0 0
TRANSCANADA CORP COM 89353D107 1,576 29,100 SH   SOLE   29,100 0 0
WESTERN GAS EQUITY PARTNERS COMUNT LTD PT 95825R103 2,022 33,700 SH   SOLE   33,700 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 9,522 144,600 SH   SOLE   144,600 0 0
WILLIAMS COS INC DEL COM 969457100 734 14,500 SH   SOLE   14,500 0 0