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
AMEREN CORPORATION COM 023608102 9,025 208,763 SH   SOLE   208,763 0 0
AMERICAN ELECTRIC POWER COM 025537101 18,760 321,957 SH   SOLE   321,957 0 0
ALLETE INC COM 018522300 2,033 39,997 SH   SOLE   39,997 0 0
ATMOS ENERGY CORP COM 049560105 24,336 386,038 SH   SOLE   386,038 0 0
AVISTA CORP COM 05379B107 1,762 49,817 SH   SOLE   49,817 0 0
AMERICAN WATER WORKS CO INC COM 030420103 65,495 1,096,148 SH   SOLE   1,096,148 0 0
AMERICAN STATES WATER CO COM 029899101 1,346 32,505 SH   SOLE   32,505 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 500,262 12,136,388 SH   SOLE   12,136,388 0 0
CMS ENERGY CORP COM 125896100 8,441 233,951 SH   SOLE   233,951 0 0
CLECO CORPORATION COM 12561W105 2,593 49,664 SH   SOLE   49,664 0 0
CENTERPOINT ENERGY INC COM 15189T107 3,945 214,876 SH   SOLE   214,876 0 0
CALIFORNIA WATER SERVICE COM 130788102 947 40,709 SH   SOLE   40,709 0 0
DUKE ENERGY CORP COM 26441C204 18,400 257,738 SH   SOLE   257,738 0 0
EBAY INC COM 278642103 968,442 35,241,719 SH   SOLE   35,241,719 0 0
CONSOLIDATED EDISON INC COM 209115104 15,701 244,295 SH   SOLE   244,295 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 1,099 39,145 SH   SOLE   39,145 0 0
EL PASO ELECTRIC CO COM 283677854 1,308 33,975 SH   SOLE   33,975 0 0
ALPHABET INC CLASS A 02079K305 182,797 234,954 SH   SOLE   234,954 0 0
ALPHABET INC CLASS C 02079K107 368,308 485,331 SH   SOLE   485,331 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,639 133,234 SH   SOLE   133,234 0 0
IDACORP INC COM 451107106 2,787 40,985 SH   SOLE   40,985 0 0
ITC HOLDINGS CORP COM 465685105 62,459 1,591,311 SH   SOLE   1,591,311 0 0
THE LACLEDE GROUP INC COM 505597104 1,975 33,240 SH   SOLE   33,240 0 0
ALLIANT ENERGY CORP COM 018802108 10,164 162,750 SH   SOLE   162,750 0 0
LOWES COS INC COM 548661107 1,135,398 14,931,590 SH   SOLE   14,931,590 0 0
MASTERCARD INC CLASS A 57636Q104 691,958 7,107,206 SH   SOLE   7,107,206 0 0
MICROSOFT CORP COM 594918104 1,664,607 30,003,736 SH   SOLE   30,003,736 0 0
NISOURCE INC COM 65473P105 5,240 268,603 SH   SOLE   268,603 0 0
NORTHWESTERN CORP COM 668074305 2,057 37,925 SH   SOLE   37,925 0 0
NORTHWEST NATURAL GAS CO COM 667655104 1,195 23,606 SH   SOLE   23,606 0 0
ORACLE CORP COM 68389X105 964,481 26,402,424 SH   SOLE   26,402,424 0 0
P G AND E CORP COM 69331C108 18,152 341,263 SH   SOLE   341,263 0 0
PNM RESOURCES INC COM 69349H107 2,073 67,801 SH   SOLE   67,801 0 0
PINNACLE WEST CAPITAL COM 723484101 6,033 93,557 SH   SOLE   93,557 0 0
PIEDMONT NATURAL GAS CO COM 720186105 3,694 64,793 SH   SOLE   64,793 0 0
PORTLAND GENERAL ELECTRIC CO COM 736508847 2,630 72,312 SH   SOLE   72,312 0 0
SCANA CORP COM 80589M102 7,152 118,234 SH   SOLE   118,234 0 0
SJW CORP COM 784305104 448 15,126 SH   SOLE   15,126 0 0
THE SOUTHERN CO COM 842587107 39,026 834,058 SH   SOLE   834,058 0 0
SEMPRA ENERGY COM 816851109 48,435 515,207 SH   SOLE   515,207 0 0
QUESTAR CORP COM 748356102 2,833 145,423 SH   SOLE   145,423 0 0
STATE STREET CORP COM 857477103 449,755 6,777,504 SH   SOLE   6,777,504 0 0
SOUTHWEST GAS CORP COM 844895102 2,098 38,038 SH   SOLE   38,038 0 0
TECO ENERGY INC COM 872375100 5,361 201,164 SH   SOLE   201,164 0 0
TARGET CORP COM 87612E106 853,730 11,757,745 SH   SOLE   11,757,745 0 0
VISA INC CLASS A 92826C839 1,207,999 15,577,035 SH   SOLE   15,577,035 0 0
VECTREN CORPORATION COM 92240G101 1,806 42,582 SH   SOLE   42,582 0 0
WELLS FARGO AND CO COM 949746101 1,015,708 18,684,847 SH   SOLE   18,684,847 0 0
WESTAR ENERGY INC COM 95709T100 30,050 708,566 SH   SOLE   708,566 0 0
AQUA AMERICA INC COM 03836W103 4,531 152,035 SH   SOLE   152,035 0 0
XCEL ENERGY INC COM 98389B100 35,789 996,629 SH   SOLE   996,629 0 0
CROWN CASTLE INTL CORP COM 228227104 96,845 1,120,240 SH   SOLE   1,120,240 0 0
YUM BRANDS INC COM 988498101 982,533 13,450,147 SH   SOLE   13,450,147 0 0
AMERICAN TOWER CORP COM 03027X100 17,965 185,299 SH   SOLE   185,299 0 0
PPL CORPORATION COM 69351T106 18,184 532,785 SH   SOLE   532,785 0 0
HOME DEPOT INC COM 437076102 851,709 6,440,145 SH   SOLE   6,440,145 0 0
EDISON INTERNATIONAL COM 281020107 16,126 272,356 SH   SOLE   272,356 0 0
ONE GAS INC COM 68235P108 2,075 41,358 SH   SOLE   41,358 0 0
EVERSOURCE ENERGY COM 30040W108 47,542 930,910 SH   SOLE   930,910 0 0
INTEL CORP COM 458140100 1,156,137 33,559,853 SH   SOLE   33,559,853 0 0
INTL BUSINESS MACHINES CORP COM 459200101 964,890 7,011,266 SH   SOLE   7,011,266 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,814 30,884 SH   SOLE   30,884 0 0
QUALCOMM INC COM 747525103 441,766 8,837,977 SH   SOLE   8,837,977 0 0
WEC ENERGY GROUP INC COM 92939U106 54,811 1,068,230 SH   SOLE   1,068,230 0 0
PAYPAL HOLDINGS INC COM 70450Y103 1,017,048 28,095,258 SH   SOLE   28,095,258 0 0
APPLE INC COM 037833100 745,014 7,077,847 SH   SOLE   7,077,847 0 0
CVS HEALTH CORP COM 126650100 963,905 9,858,907 SH   SOLE   9,858,907 0 0