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   5,618,032 20,600 SH   SOLE   20,600 0 0
Albemarle Corporation COM 012653101   583,776 7,200 SH   SOLE   7,200 0 0
Amcor plc COM G0250X107   1,606,552 196,400 SH   SOLE   196,400 0 0
APA Corporation COM 03743Q108   1,359,680 56,000 SH   SOLE   56,000 0 0
Avery Dennison Corporation COM 053611109   875,718 5,400 SH   SOLE   5,400 0 0
Baker Hughes Company COM 05722G100   18,362,568 376,900 SH   SOLE   376,900 0 0
Ball Corporation COM 058498106   1,174,786 23,300 SH   SOLE   23,300 0 0
Canadian Natural Resources Limited COM 136385101   3,100,120 97,000 SH   SOLE   97,000 0 0
Cenovus Energy Inc. COM 15135U109   3,875,419 228,100 SH   SOLE   228,100 0 0
CF Industries Holdings, Inc. COM 125269100   4,625,739 51,569 SH   SOLE   51,569 0 0
Cheniere Energy, Inc. COM 16411R208   4,135,648 17,600 SH   SOLE   17,600 0 0
Chevron Corporation COM 166764100   98,255,710 632,724 SH   SOLE   632,724 0 0
Chord Energy Corporation COM 674215207   22,358 225 SH   SOLE   225 0 0
ConocoPhillips COM 20825C104   42,310,391 447,303 SH   SOLE   447,303 0 0
Corteva Inc. COM 22052L104   6,218,240 91,945 SH   SOLE   91,945 0 0
Coterra Energy Inc. COM 127097103   2,856,920 120,800 SH   SOLE   120,800 0 0
Crown Holdings, Inc. COM 228368106   3,129,516 32,400 SH   SOLE   32,400 0 0
Devon Energy Corporation COM 25179M103   10,496,964 299,400 SH   SOLE   299,400 0 0
Diamondback Energy, Inc. COM 25278X109   5,080,050 35,500 SH   SOLE   35,500 0 0
Dow, Inc. COM 260557103   1,466,259 63,945 SH   SOLE   63,945 0 0
DuPont de Nemours, Inc. COM 26614N102   6,124,965 78,626 SH   SOLE   78,626 0 0
Eastman Chemical Company COM 277432100   529,620 8,400 SH   SOLE   8,400 0 0
Ecolab Inc. COM 278865100   12,159,384 44,400 SH   SOLE   44,400 0 0
EOG Resources, Inc. COM 26875P101   15,850,068 141,367 SH   SOLE   141,367 0 0
EQT Corporation COM 26884L109   12,001,815 220,500 SH   SOLE   220,500 0 0
Expand Energy Corporation COM 165167735   4,929,536 46,400 SH   SOLE   46,400 0 0
Exxon Mobil Corporation COM 30231G102   146,739,051 1,301,455 SH   SOLE   1,301,455 0 0
Freeport-McMoRan, Inc. COM 35671D857   8,714,684 222,200 SH   SOLE   222,200 0 0
Halliburton Company COM 406216101   3,895,484 158,353 SH   SOLE   158,353 0 0
International Flavors & Fragrances Inc. COM 459506101   1,243,477 20,206 SH   SOLE   20,206 0 0
International Paper Company COM 460146103   1,897,760 40,900 SH   SOLE   40,900 0 0
Kinder Morgan, Inc. COM 49456B101   19,723,351 696,692 SH   SOLE   696,692 0 0
Linde plc COM G54950103   29,212,500 61,500 SH   SOLE   61,500 0 0
LyondellBasell Industries N.V. COM N53745100   1,010,224 20,600 SH   SOLE   20,600 0 0
Marathon Petroleum Corporation COM 56585A102   21,685,563 112,512 SH   SOLE   112,512 0 0
Martin Marietta Materials, Inc. COM 573284106   3,403,512 5,400 SH   SOLE   5,400 0 0
Mosaic Company COM 61945C103   735,251 21,201 SH   SOLE   21,201 0 0
Newmont Corporation COM 651639106   10,564,043 125,300 SH   SOLE   125,300 0 0
Nucor Corporation COM 670346105   7,313,220 54,000 SH   SOLE   54,000 0 0
Occidental Petroleum Corporation COM 674599105   11,833,810 250,451 SH   SOLE   250,451 0 0
ONEOK, Inc. COM 682680103   12,295,445 168,500 SH   SOLE   168,500 0 0
Ovintiv Inc. COM 69047Q102   2,939,664 72,800 SH   SOLE   72,800 0 0
Packaging Corporation of America COM 695156109   1,612,682 7,400 SH   SOLE   7,400 0 0
Phillips 66 COM 718546104   21,691,789 159,475 SH   SOLE   159,475 0 0
PPG Industries, Inc. COM 693506107   1,902,491 18,100 SH   SOLE   18,100 0 0
Schlumberger N.V. COM 806857108   12,209,358 355,233 SH   SOLE   355,233 0 0
Sherwin-Williams Company COM 824348106   8,725,752 25,200 SH   SOLE   25,200 0 0
Smurfit Westrock plc COM G8267P108   1,758,141 41,300 SH   SOLE   41,300 0 0
Steel Dynamics, Inc. COM 858119100   1,537,355 11,026 SH   SOLE   11,026 0 0
Targa Resources Corp. COM 87612G101   6,969,664 41,600 SH   SOLE   41,600 0 0
TechnipFMC plc COM G87110105   2,477,460 62,800 SH   SOLE   62,800 0 0
Texas Pacific Land Corporation COM 88262P102   4,808,246 5,150 SH   SOLE   5,150 0 0
Valero Energy Corporation COM 91913Y100   15,136,114 88,900 SH   SOLE   88,900 0 0
Vulcan Materials Company COM 929160109   8,182,692 26,600 SH   SOLE   26,600 0 0
Williams Companies, Inc. COM 969457100   22,175,668 350,050 SH   SOLE   350,050 0 0