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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Air Products and Chemicals, Inc. COM 009158106   6,192,992 20,800 SH   SOLE   20,800 0 0
Albemarle Corporation COM 012653101   681,912 7,200 SH   SOLE   7,200 0 0
Amcor plc COM G0250X107   1,046,892 92,400 SH   SOLE   92,400 0 0
APA Corporation COM 03743Q108   1,369,760 56,000 SH   SOLE   56,000 0 0
Avery Dennison Corporation COM 053611109   1,390,788 6,300 SH   SOLE   6,300 0 0
Baker Hughes Company COM 05722G100   14,416,620 398,800 SH   SOLE   398,800 0 0
Ball Corporation COM 058498106   1,582,303 23,300 SH   SOLE   23,300 0 0
Celanese Corporation COM 150870103   934,997 6,877 SH   SOLE   6,877 0 0
Cenovus Energy Inc. COM 15135U109   4,097,177 244,900 SH   SOLE   244,900 0 0
CF Industries Holdings, Inc. COM 125269100   1,147,060 13,369 SH   SOLE   13,369 0 0
Chesapeake Energy Corporation COM 165167735   4,564,875 55,500 SH   SOLE   55,500 0 0
Chevron Corporation COM 166764100   76,296,316 518,071 SH   SOLE   518,071 0 0
Chord Energy Corporation COM 674215207   29,302 225 SH   SOLE   225 0 0
ConocoPhillips COM 20825C104   36,803,361 349,576 SH   SOLE   349,576 0 0
Corteva Inc. COM 22052L104   5,405,447 91,945 SH   SOLE   91,945 0 0
Coterra Energy Inc. COM 127097103   3,015,305 125,900 SH   SOLE   125,900 0 0
Devon Energy Corporation COM 25179M103   4,936,944 126,200 SH   SOLE   126,200 0 0
Diamondback Energy, Inc. COM 25278X109   16,015,960 92,900 SH   SOLE   92,900 0 0
Dow, Inc. COM 260557103   3,493,315 63,945 SH   SOLE   63,945 0 0
DuPont de Nemours, Inc. COM 26614N102   2,987,502 33,526 SH   SOLE   33,526 0 0
Eastman Chemical Company COM 277432100   6,022,910 53,800 SH   SOLE   53,800 0 0
Ecolab Inc. COM 278865100   12,613,302 49,400 SH   SOLE   49,400 0 0
EOG Resources, Inc. COM 26875P101   26,757,804 217,667 SH   SOLE   217,667 0 0
EQT Corporation COM 26884L109   2,000,544 54,600 SH   SOLE   54,600 0 0
Exxon Mobil Corporation COM 30231G102   174,652,525 1,489,955 SH   SOLE   1,489,955 0 0
First Solar, Inc. COM 336433107   3,766,544 15,100 SH   SOLE   15,100 0 0
FMC Corporation COM 302491303   478,395 7,255 SH   SOLE   7,255 0 0
Freeport-McMoRan, Inc. COM 35671D857   12,699,648 254,400 SH   SOLE   254,400 0 0
Halliburton Company COM 406216101   5,152,105 177,353 SH   SOLE   177,353 0 0
Hess Corporation COM 42809H107   19,037,666 140,189 SH   SOLE   140,189 0 0
International Flavors & Fragrances Inc. COM 459506101   6,884,038 65,606 SH   SOLE   65,606 0 0
International Paper Company COM 460146103   1,050,275 21,500 SH   SOLE   21,500 0 0
Itron, Inc. COM 465741106   3,022,723 28,300 SH   SOLE   28,300 0 0
Kinder Morgan, Inc. COM 49456B101   9,838,709 445,392 SH   SOLE   445,392 0 0
Linde plc COM G54950103   32,235,736 67,600 SH   SOLE   67,600 0 0
LyondellBasell Industries N.V. COM N53745100   1,975,540 20,600 SH   SOLE   20,600 0 0
Marathon Oil Corporation COM 565849106   2,540,502 95,400 SH   SOLE   95,400 0 0
Marathon Petroleum Corporation COM 56585A102   22,695,318 139,312 SH   SOLE   139,312 0 0
Martin Marietta Materials, Inc. COM 573284106   2,637,425 4,900 SH   SOLE   4,900 0 0
Mosaic Company COM 61945C103   567,763 21,201 SH   SOLE   21,201 0 0
Newmont Corporation COM 651639106   9,091,845 170,100 SH   SOLE   170,100 0 0
Nucor Corporation COM 670346105   3,397,684 22,600 SH   SOLE   22,600 0 0
Occidental Petroleum Corporation COM 674599105   7,733,629 150,051 SH   SOLE   150,051 0 0
ONEOK, Inc. COM 682680103   17,114,214 187,800 SH   SOLE   187,800 0 0
Packaging Corporation of America COM 695156109   1,270,860 5,900 SH   SOLE   5,900 0 0
Phillips 66 COM 718546104   12,957,684 98,575 SH   SOLE   98,575 0 0
PPG Industries, Inc. COM 693506107   6,503,786 49,100 SH   SOLE   49,100 0 0
Schlumberger N.V. COM 806857108   15,854,289 377,933 SH   SOLE   377,933 0 0
Sherwin-Williams Company COM 824348106   8,473,074 22,200 SH   SOLE   22,200 0 0
Smurfit Westrock plc COM G8267P108   2,041,046 41,300 SH   SOLE   41,300 0 0
Steel Dynamics, Inc. COM 858119100   1,579,278 12,526 SH   SOLE   12,526 0 0
Targa Resources Corp. COM 87612G101   8,717,789 58,900 SH   SOLE   58,900 0 0
TechnipFMC plc COM G87110105   4,501,068 171,600 SH   SOLE   171,600 0 0
Williams Companies, Inc. COM 969457100   20,330,228 445,350 SH   SOLE   445,350 0 0
Valero Energy Corporation COM 91913Y100   16,352,133 121,100 SH   SOLE   121,100 0 0
Vulcan Materials Company COM 929160109   6,360,922 25,400 SH   SOLE   25,400 0 0