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
Expires: July 31, 2015
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
ALBEMARLE CORP COM 012653101 957,472 15,278 SH SOLE 15,278 0 0
ALCOA CORP COM 013872106 1,576,159 53,411 SH SOLE 53,411 0 0
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108 17,170,190 656,855 SH SOLE 656,855 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 1,437,699 53,477 SH SOLE 53,477 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 374,157 7,089 SH SOLE 7,089 0 0
BARRICK MNG CORP COM SHS 06849F108 5,294,523 215,805 SH SOLE 215,805 0 0
BHP GROUP LTD SPONSORED ADS 088606108 1,316,945 27,385 SH SOLE 27,385 0 0
CAMECO CORP COM 13321L108 501,572 6,757 SH SOLE 6,757 0 0
CANADIAN NAT RES LTD COM 136385101 1,860,199 59,242 SH SOLE 59,242 0 0
CENOVUS ENERGY INC COM 15135U109 88,119,451 6,300,950 SH SOLE 6,300,950 0 0
CF INDS HLDGS INC COM 125269100 713,736 7,758 SH SOLE 7,758 0 0
CHENIERE ENERGY INC COM NEW 16411R208 75,802,419 311,278 SH SOLE 311,278 0 0
CHEVRON CORP NEW COM 166764100 3,039,065 21,224 SH SOLE 21,224 0 0
CONOCOPHILLIPS COM 20825C104 2,985,829 33,272 SH SOLE 33,272 0 0
CONSTELLATION ENERGY CORP COM 21037T109 743,962 2,305 SH SOLE 2,305 0 0
CRH PLC ORD G25508105 568,426 6,192 SH SOLE 6,192 0 0
CROWN HLDGS INC COM 228368106 968,630 9,406 SH SOLE 9,406 0 0
DARLING INGREDIENTS INC COM 237266101 1,219,847 32,152 SH SOLE 32,152 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,615,274 11,756 SH SOLE 11,756 0 0
DOW INC COM 260557103 748,378 28,262 SH SOLE 28,262 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107 38,570,497 350,928 SH SOLE 350,928 0 0
ENBRIDGE INC COM 29250N105 21,032,564 464,099 SH SOLE 464,099 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 86,893,573 4,792,806 SH SOLE 4,792,806 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 53,963,261 1,740,189 SH SOLE 1,740,189 0 0
EOG RES INC COM 26875P101 554,632 4,637 SH SOLE 4,637 0 0
EXPAND ENERGY CORPORATION COM 165167735 1,133,032 9,689 SH SOLE 9,689 0 0
EXXON MOBIL CORP COM 30231G102 6,227,175 57,766 SH SOLE 57,766 0 0
FMC CORP COM NEW 302491303 564,251 13,515 SH SOLE 13,515 0 0
FREEPORT-MCMORAN INC CL B 35671D857 3,869,464 89,261 SH SOLE 89,261 0 0
HALLIBURTON CO COM 406216101 1,476,490 72,448 SH SOLE 72,448 0 0
HESS CORP COM 42809H107 2,952,010 21,308 SH SOLE 21,308 0 0
KINDER MORGAN INC DEL COM 49456B101 43,648,828 1,484,654 SH SOLE 1,484,654 0 0
MARATHON PETE CORP COM 56585A102 46,602,327 280,551 SH SOLE 280,551 0 0
MARTIN MARIETTA MATLS INC COM 573284106 553,352 1,008 SH SOLE 1,008 0 0
MATADOR RES CO COM 576485205 2,030,295 42,546 SH SOLE 42,546 0 0
MOSAIC CO NEW COM 61945C103 910,431 24,957 SH SOLE 24,957 0 0
MURPHY USA INC COM 626755102 809,532 1,990 SH SOLE 1,990 0 0
NEWMONT CORP COM 651639106 5,564,354 95,509 SH SOLE 95,509 0 0
NUCOR CORP COM 670346105 2,736,144 21,122 SH SOLE 21,122 0 0
NUTRIEN LTD COM 67077M108 3,969,052 50,060 SH SOLE 50,060 0 0
ONEOK INC NEW COM 682680103 77,447,116 948,758 SH SOLE 948,758 0 0
PBF ENERGY INC CL A 69318G106 51,744,146 2,387,824 SH SOLE 2,387,824 0 0
PEMBINA PIPELINE CORP COM 706327103 69,663,077 1,851,164 SH SOLE 1,851,164 0 0
PHILLIPS 66 COM 718546104 55,710,714 466,980 SH SOLE 466,980 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 52,581,720 2,704,194 SH SOLE 2,704,194 0 0
POSCO HOLDINGS INC SPONSORED ADR 693483109 1,209,874 24,951 SH SOLE 24,951 0 0
RIO TINTO PLC SPONSORED ADR 767204100 905,107 15,517 SH SOLE 15,517 0 0
SEALED AIR CORP NEW COM 81211K100 2,793,538 90,027 SH SOLE 90,027 0 0
SHELL PLC SPON ADS 780259305 1,349,351 52,591 SH SOLE 52,591 0 0
SOUTH BOW CORP COM 83671M105 41,705,271 1,604,864 SH SOLE 1,604,864 0 0
SUNCOR ENERGY INC NEW COM 867224107 67,976,037 1,791,431 SH SOLE 1,791,431 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109 50,030,874 933,586 SH SOLE 933,586 0 0
TARGA RES CORP COM 87612G101 75,879,905 435,891 SH SOLE 435,891 0 0
TC ENERGY CORP COM 87807B107 10,970,451 224,854 SH SOLE 224,854 0 0
TECK RESOURCES LTD CL B 878742204 2,267,233 47,177 SH SOLE 47,177 0 0
TOTALENERGIES SE SPONSORED ADS 89151E109 923,183 15,038 SH SOLE 15,038 0 0
VALE S A SPONSORED ADS 91912E105 974,661 100,377 SH SOLE 100,377 0 0
VALERO ENERGY CORP COM 91913Y100 24,149,091 179,654 SH SOLE 179,654 0 0
VIPER ENERGY INC CL A 927959106 13,183,371 345,748 SH SOLE 345,748 0 0
VISTRA CORP COM 92840M102 983,780 5,076 SH SOLE 5,076 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103 52,569,306 1,358,380 SH SOLE 1,358,380 0 0
WESTLAKE CORPORATION COM 960413102 1,374,637 18,104 SH SOLE 18,104 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104 617,588 24,040 SH SOLE 24,040 0 0
WILLIAMS COS INC COM 969457100 47,853,997 761,885 SH SOLE 761,885 0 0