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
AGCO CORP COM 001084102 1,862,412 15,559 SH SOLE 15,559 0 0
AGNICO EAGLE MINES LTD COM 008474108 2,617,700 16,881 SH SOLE 16,881 0 0
AMER STATES WTR CO COM 029899101 2,328,266 28,177 SH SOLE 28,177 0 0
AMERESCO INC CL A 02361E108 712,577 25,818 SH SOLE 25,818 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,212,773 9,217 SH SOLE 9,217 0 0
ANTERO RESOURCES CORP COM 03674X106 829,796 23,614 SH SOLE 23,614 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 3,196,805 41,843 SH SOLE 41,843 0 0
ARCHROCK INC COM 03957W106 2,114,437 51,939 SH SOLE 51,939 0 0
ARRAY TECHNOLOGIES INC COM SHS 04271T100 2,945,275 397,473 SH SOLE 397,473 0 0
ATLAS ENERGY SOLUTIONS INC COM NEW 642045108 428,322 25,787 SH SOLE 25,787 0 0
AYA GOLD & SILVER INC COM 05466C109 1,291,817 68,316 SH SOLE 68,316 0 0
B2GOLD CORP COM 11777Q209 998,786 267,055 SH SOLE 267,055 0 0
BAKER HUGHES COMPANY CL A 05722G100 261,350 4,709 SH SOLE 4,709 0 0
BARRICK MNG CORP COM SHS 06849F108 214,944 5,852 SH SOLE 5,852 0 0
BAYTEX ENERGY CORP COM 07317Q105 3,684,358 921,077 SH SOLE 921,077 0 0
BHP BILLITON LIMITED SPONSORED ADS 088606108 653,400 7,843 SH SOLE 7,843 0 0
BKV CORP COM 05603J108 906,847 33,145 SH SOLE 33,145 0 0
BLOOM ENERGY CORP COM CL A 093712107 1,324,615 4,376 SH SOLE 4,376 0 0
CAL MAINE FOODS INC COM NEW 128030202 215,417 2,674 SH SOLE 2,674 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 666,479 12,606 SH SOLE 12,606 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 2,050,014 42,138 SH SOLE 42,138 0 0
CAMECO CORP COM 13321L108 233,158 2,289 SH SOLE 2,289 0 0
CANADIAN NAT RES LTD MED TER COM 136385101 3,071,273 77,739 SH SOLE 77,739 0 0
CANADIAN SOLAR INC COM 136635109 593,701 37,060 SH SOLE 37,060 0 0
CENOVUS ENERGY INC COM 15135U109 368,901 14,815 SH SOLE 14,815 0 0
CENTERRA GOLD INC COM 152006102 806,167 50,917 SH SOLE 50,917 0 0
CENTURY ALUM CO COM 156431108 539,375 11,723 SH SOLE 11,723 0 0
CF INDUSTRIES HOLD COM 125269100 2,353,681 21,741 SH SOLE 21,741 0 0
CHEVRON CORPORATION COM 166764100 867,754 5,235 SH SOLE 5,235 0 0
CHORD ENERGY CORPORATION COM NEW 674215207 2,301,659 20,137 SH SOLE 20,137 0 0
CNH INDL N V SHS N20944109 5,082,708 244,880 SH SOLE 244,880 0 0
COEUR MNG INC COM NEW 192108504 341,871 20,948 SH SOLE 20,948 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 146,754 25,390 SH SOLE 25,390 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 204,151 6,970 SH SOLE 6,970 0 0
COMPASS MINERALS INTL INC COM 20451N101 981,747 31,537 SH SOLE 31,537 0 0
CONOCOPHILLIPS COM 20825C104 1,314,158 12,641 SH SOLE 12,641 0 0
CORTEVA INC COM 22052L104 4,253,894 50,229 SH SOLE 50,229 0 0
CRESCENT ENERGY COMPANY CL A COM 44952J104 414,708 42,231 SH SOLE 42,231 0 0
DAQO NEW ENERGY CORP SPNSRD ADS NEW 23703Q203 1,976,645 147,621 SH SOLE 147,621 0 0
DARLING INGREDIENTS INC COM 237266101 2,030,935 37,183 SH SOLE 37,183 0 0
DEERE & CO COM 244199105 1,243,921 1,961 SH SOLE 1,961 0 0
DEL MONTE CORP ORD G36738105 828,299 28,347 SH SOLE 28,347 0 0
DEVON ENERGY CORP NEW COM 25179M103 682,482 16,517 SH SOLE 16,517 0 0
DIAMONDBACK ENERGY INC COM 25278X109 747,944 4,255 SH SOLE 4,255 0 0
DIVERSIFIED ENERGY CO COMMON STOCK 25520W107 480,970 34,702 SH SOLE 34,702 0 0
ENERFLEX LTD COM 29269R105 1,807,908 73,731 SH SOLE 73,731 0 0
ENERGY RECOVERY INC COM 29270J100 789,196 87,494 SH SOLE 87,494 0 0
ENPHASE ENERGY INC COM 29355A107 3,490,624 70,890 SH SOLE 70,890 0 0
EOG RES INC COM 26875P101 4,023,187 31,012 SH SOLE 31,012 0 0
EQUINOR ASA SPONSORED ADR 29446M102 311,990 9,936 SH SOLE 9,936 0 0
ERO COPPER CORP COM 296006109 1,561,771 58,580 SH SOLE 58,580 0 0
ESSENTIAL UTILS INC COM 29670G102 3,326,687 86,836 SH SOLE 86,836 0 0
EXPRO GROUP HOLDINGS NV COM N3144W105 1,589,030 107,585 SH SOLE 107,585 0 0
EXXON MOBIL CORP COM 30231G102 1,951,815 14,276 SH SOLE 14,276 0 0
FINANCIAL INVS TR CORE NAT RES ETF 31761T886 319,192,145 8,559,725 SH SOLE 8,559,725 0 0
FIRST SOLAR INC COM 336433107 4,065,591 17,230 SH SOLE 17,230 0 0
FLUENCE ENERGY INC COM CL A 34379V103 647,989 32,595 SH SOLE 32,595 0 0
FMC CORP COM NEW 302491303 1,055,528 91,785 SH SOLE 91,785 0 0
GEOPARK LTD USD SHS G38327105 1,135,098 124,736 SH SOLE 124,736 0 0
GERDAU SA SPON ADR REP PFD 373737105 195,568 48,408 SH SOLE 48,408 0 0
GREEN PLAINS INC COM 393222104 1,274,525 82,869 SH SOLE 82,869 0 0
H2O AMERICA COM 784305104 1,474,341 24,261 SH SOLE 24,261 0 0
HALLIBURTON CO COM 406216101 2,541,225 74,852 SH SOLE 74,852 0 0
HECLA MINING COMPANY COM 422704106 606,816 39,327 SH SOLE 39,327 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 2,092,557 239,423 SH SOLE 239,423 0 0
HELMERICH & PAYNE INC COM 423452101 2,436,020 74,405 SH SOLE 74,405 0 0
HORMEL FOODS CORP COM 440452100 738,048 29,736 SH SOLE 29,736 0 0
HUDBAY MINERALS INC COM 443628102 1,164,985 49,412 SH SOLE 49,412 0 0
ICL GROUP LTD SHS M53213100 332,161 66,699 SH SOLE 66,699 0 0
INGREDION INC COM 457187102 2,675,463 28,249 SH SOLE 28,249 0 0
INNOVEX INTERNATIONAL INC COM 457651107 568,416 22,920 SH SOLE 22,920 0 0
JBS N.V. CL A SHS N4732M103 379,994 32,067 SH SOLE 32,067 0 0
KODIAK GAS SVCS INC COM 50012A108 1,579,383 21,022 SH SOLE 21,022 0 0
KOSMOS ENERGY LTD COM 500688106 380,279 180,227 SH SOLE 180,227 0 0
LIBERTY ENERGY INC COM CL A 53115L104 3,040,476 116,093 SH SOLE 116,093 0 0
MAGNOLIA OIL & GAS CORP CL A 559663109 1,837,053 71,816 SH SOLE 71,816 0 0
MATADOR RES CO COM 576485205 1,898,460 38,137 SH SOLE 38,137 0 0
MOSAIC CO COM 61945C103 312,807 14,762 SH SOLE 14,762 0 0
MP MATERIALS CORP COM CL A 553368101 2,532,044 45,207 SH SOLE 45,207 0 0
MURPHY OIL CORP COM 626717102 243,842 7,489 SH SOLE 7,489 0 0
NABORS INDUSTRIES LTD SHS G6359F137 1,112,628 13,244 SH SOLE 13,244 0 0
NATIONAL FUEL GAS CO COM 636180101 269,463 3,490 SH SOLE 3,490 0 0
NEXGEN ENERGY LTD COM 65340P106 130,414 13,897 SH SOLE 13,897 0 0
NOBLE CORP PLC ORD SHS A G65431127 937,458 28,771 SH SOLE 28,771 0 0
NOV INC COM 62955J103 2,155,491 116,199 SH SOLE 116,199 0 0
NUTRIEN LTD COM 67077M108 4,185,481 66,492 SH SOLE 66,492 0 0
OBSIDIAN ENERGY LTD COM 674482203 466,744 57,105 SH SOLE 57,105 0 0
OCCIDENTAL PETE CORP COM 674599105 3,373,089 69,448 SH SOLE 69,448 0 0
OCEANAGOLD CORP COM NEW 675222400 1,423,047 56,860 SH SOLE 56,860 0 0
OCEANEERING INTL INC COM 675232102 1,929,441 47,617 SH SOLE 47,617 0 0
ORLA MNG LTD NEW COM 68634K106 1,008,243 102,987 SH SOLE 102,987 0 0
ORMAT TECHNOLOGIES INC COM 686688102 577,279 5,301 SH SOLE 5,301 0 0
PATTERSON-UTI ENERGY INC COM 703481101 3,263,150 355,463 SH SOLE 355,463 0 0
PERMIAN RESOURCES CORP CLASS A COM 71424F105 3,175,394 172,482 SH SOLE 172,482 0 0
PETROLEO BRASILEIRO S A SPONSORED ADR 71654V408 383,267 23,717 SH SOLE 23,717 0 0
PILGRIMS PRIDE CORP COM 72147K108 2,314,437 82,335 SH SOLE 82,335 0 0
PRECISION DRILLING CORP COM NEW 74022D407 1,012,632 13,206 SH SOLE 13,206 0 0
PROPETRO HLDG CORP COM 74347M108 1,631,749 113,790 SH SOLE 113,790 0 0
RAMACO RES INC COM CL A 75134P600 308,233 23,298 SH SOLE 23,298 0 0
RENEW ENERGY GLOBAL PLC CL A SHS G7500M104 405,100 64,816 SH SOLE 64,816 0 0
SELECT WATER SOLUTIONS INC CL A COM 81617J301 1,816,142 90,898 SH SOLE 90,898 0 0
SHOALS TECHNOLOGIES GROUP IN CL A 82489W107 1,583,911 159,991 SH SOLE 159,991 0 0
SKEENA RES LTD NEW COM 83056P715 429,146 16,097 SH SOLE 16,097 0 0
SLB LIMITED COM STK 806857108 2,498,512 53,743 SH SOLE 53,743 0 0
SM ENERGY COMPANY COM 78454L100 3,988,132 152,802 SH SOLE 152,802 0 0
SOLAREDGE TECHNOLOGIES INC COM 83417M104 723,721 12,384 SH SOLE 12,384 0 0
SOUTHERN COPPER CORP COM 84265V105 1,217,380 6,986 SH SOLE 6,986 0 0
SUNCOKE ENERGY INC COM 86722A103 557,390 69,241 SH SOLE 69,241 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,180,945 40,602 SH SOLE 40,602 0 0
TALOS ENERGY INC COM 87484T108 2,842,149 220,151 SH SOLE 220,151 0 0
TECK RESOURCES LTD CL B 878742204 3,719,350 62,552 SH SOLE 62,552 0 0
TERNIUM SA SPONSORED ADS 880890108 754,765 17,676 SH SOLE 17,676 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 648,869 57,270 SH SOLE 57,270 0 0
TIDEWATER INC NEW COM 88642R109 2,110,372 31,673 SH SOLE 31,673 0 0
TRIPLE FLAG PRECIOUS METAL COM 89679M104 701,448 23,405 SH SOLE 23,405 0 0
TYSON FOODS INC CL A 902494103 2,754,927 48,121 SH SOLE 48,121 0 0
URANIUM ENERGY CORP COM 916896103 758,086 71,115 SH SOLE 71,115 0 0
VAALCO ENERGY INC COM NEW 91851C201 895,655 176,310 SH SOLE 176,310 0 0
VALARIS LTD CL A G9460G101 744,876 10,260 SH SOLE 10,260 0 0
VALE S A SPONSORED ADS 91912E105 206,755 13,747 SH SOLE 13,747 0 0
VERALTO CORP COM SHS 92338C103 2,629,096 29,647 SH SOLE 29,647 0 0
VERMILION ENERGY INC COM 923725105 694,640 74,356 SH SOLE 74,356 0 0
WARRIOR MET COAL INC COM 93627C101 773,374 9,529 SH SOLE 9,529 0 0
WEST FRASER TIMBER CO LTD COM 952845105 817,311 12,092 SH SOLE 12,092 0 0