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
AIR PRODS & CHEMS INC COM 009158106 638 3,985 SH   SOLE   3,985 0 0
ALCOA CORP COM 032511107 586 22,058 SH   SOLE   22,058 0 0
ANADARKO PETE CORP COM 03349M105 558 12,716 SH   SOLE   12,716 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 492 23,813 SH   SOLE   23,813 0 0
Archer Daniels Midland Co COM 039483102 381 9,302 SH   SOLE   9,302 0 0
Barrick Gold Corp COM 067901108 753 55,620 SH   SOLE   55,620 0 0
BHP Billiton Ltd SPONSORED ADR 088606108 831 17,200 SH   SOLE   17,200 0 0
BP PLC SPONSORED ADR 055622104 1,214 32,020 SH   SOLE   32,020 0 0
Bunge LTD COM G16962105 785 14,680 SH   SOLE   14,680 0 0
CANADIAN NATL RY CO COM 136375102 482 6,500 SH   SOLE   6,500 0 0
CANADIAN NATL RES LTD COM 136375102 582 24,100 SH   SOLE   24,100 0 0
Caterpillar Ord Shs COM 149123101 590 4,640 SH   SOLE   4,640 0 0
CF INDS HLDGS INC COM 125269100 598 13,748 SH   SOLE   13,748 0 0
Cheniere Energy Inc COM NEW 16411R208 227 3,830 SH   SOLE   3,830 0 0
Chevron Corp New COM 166764100 711 6,535 SH   SOLE   6,535 0 0
Deere & Co COM 244199105 1,043 6,995 SH   SOLE   6,995 0 0
DowDuPont Inc COM 26078J100 1,120 20,945 SH   SOLE   20,945 0 0
Enbridge Inc COM 29250N105 773 24,855 SH   SOLE   24,855 0 0
ENI S P A SPONSORED ADR 26874R108 201 6,440 SH   SOLE   6,440 0 0
EOG RES INC COM 26875P101 501 5,745 SH   SOLE   5,745 0 0
Exxon Mobil Corp COM 30231G102 524 7,685 SH   SOLE   7,685 0 0
FREEPORT-MCMORAN INC CL B 35671D857 373 36,170 SH   SOLE   36,170 0 0
GOLDCORP INC NEW COM 380956409 605 61,715 SH   SOLE   61,715 0 0
GREEN PLAINS INC COM 393222104 193 14,685 SH   SOLE   14,685 0 0
Halliburton Co COM 406216101 244 9,160 SH   SOLE   9,160 0 0
INTL PAPER CO COM 460146103 502 12,431 SH   SOLE   12,431 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 526 5,507 SH   SOLE   5,507 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 700 8,415 SH   SOLE   8,415 0 0
Marathon Pete Corp COM 56585A102 1,093 18,521 SH   SOLE   18,521 0 0
MONDELEZ INTL INC CL A 609207105 285 7,119 SH   SOLE   7,119 0 0
Mosaic Co New COM 61945C103 208 7,108 SH   SOLE   7,108 0 0
Nabors Industries Ltd SHS 629568106 94 47,050 SH   SOLE   47,050 0 0
Newmont Mining Corp COM 651639106 417 12,035 SH   SOLE   12,035 0 0
Noble Energy Inc COM 655044105 253 13,490 SH   SOLE   13,490 0 0
Nutrien Ord Shs COM 67077M108 748 15,912 SH   SOLE   15,912 0 0
Packaging Corp Amer COM 695156109 275 3,290 SH   SOLE   3,290 0 0
Pembina Pipeline Corp COM 706327103 312 10,480 SH   SOLE   10,480 0 0
PIONEER NAT RES CO COM 723787107 769 5,845 SH   SOLE   5,845 0 0
POSCO SPONSORED ADR 693483109 265 4,830 SH   SOLE   4,830 0 0
Rio Tinto PLC SPONSORED ADR 767204100 835 17,215 SH   SOLE   17,215 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,125 19,305 SH   SOLE   19,305 0 0
Schlumberger Ltd COM 806857108 517 14,339 SH   SOLE   14,339 0 0
Southern Copper Corp COM 84265V105 227 7,385 SH   SOLE   7,385 0 0
Steel Dynamics Inc COM 858119100 227 7,540 SH   SOLE   7,540 0 0
Suncor Energy Inc New COM 867224107 891 31,875 SH   SOLE   31,875 0 0
Total S A SPONSORED ADR 89151E109 909 17,429 SH   SOLE   17,429 0 0
Transcanada Corp COM 89353D107 892 24,955 SH   SOLE   24,955 0 0
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 327 58,250 SH   SOLE   58,250 0 0
ULTRAPAR PARTICIPACOES S A SP ADR REP COM 90400P101 587 43,370 SH   SOLE   43,370 0 0
UNITED STATES STL CORP NEW COM 912909108 297 16,290 SH   SOLE   16,290 0 0
Vale S A ADR 91912E105 787 59,660 SH   SOLE   59,660 0 0
Vulcan MATLS Co COM 929160109 274 2,775 SH   SOLE   2,775 0 0
Westrock Co COM 96145D105 428 11,334 SH   SOLE   11,334 0 0
Weyerhaeuser Co COM 962166104 417 19,090 SH   SOLE   19,090 0 0
Williams Cos Inc Del COM 969457100 243 11,020 SH   SOLE   11,020 0 0
Zoetis Inc CL A 98978V103 508 5,939 SH   SOLE   5,939 0 0