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 7,938 210,662 SH   SOLE   210,662 0 0
AMERICAN ELECTRIC POWER COM 025537101 17,677 333,725 SH   SOLE   333,725 0 0
ALLETE INC COM 018522300 1,855 39,997 SH   SOLE   39,997 0 0
ATMOS ENERGY CORP COM 049560105 9,043 176,350 SH   SOLE   176,350 0 0
AVISTA CORP COM 05379B107 1,563 50,995 SH   SOLE   50,995 0 0
AMERICAN WATER WORKS CO INC COM 030420103 44,806 921,364 SH   SOLE   921,364 0 0
AMERICAN STATES WATER CO COM 029899101 1,095 29,274 SH   SOLE   29,274 0 0
AMERICAN EXPRESS CO COM 025816109 135,998 1,749,849 SH   SOLE   1,749,849 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 671,295 15,994,640 SH   SOLE   15,994,640 0 0
CMS ENERGY CORP COM 125896100 7,622 239,375 SH   SOLE   239,375 0 0
CLECO CORPORATION COM 12561W105 2,787 51,750 SH   SOLE   51,750 0 0
CENTERPOINT ENERGY INC COM 15189T107 7,032 369,529 SH   SOLE   369,529 0 0
CALIFORNIA WATER SERVICE COM 130788102 995 40,483 SH   SOLE   40,483 0 0
DUKE ENERGY CORP COM 26441C204 17,698 250,605 SH   SOLE   250,605 0 0
EBAY INC COM 278642103 1,780,720 29,560,433 SH   SOLE   29,560,433 0 0
CONSOLIDATED EDISON INC COM 209115104 14,721 254,333 SH   SOLE   254,333 0 0
EMPIRE DISTRICT ELECTRIC CO COM 291641108 853 39,145 SH   SOLE   39,145 0 0
EL PASO ELECTRIC CO COM 283677854 1,228 35,436 SH   SOLE   35,436 0 0
GOOGLE INC CLASS A 38259P508 474,931 879,437 SH   SOLE   879,437 0 0
GOOGLE INC CLASS C 38259P706 244,137 469,034 SH   SOLE   469,034 0 0
GREAT PLAINS ENERGY INC COM 391164100 3,113 128,867 SH   SOLE   128,867 0 0
IDACORP INC COM 451107106 2,445 43,556 SH   SOLE   43,556 0 0
ITC HOLDINGS CORP COM 465685105 25,819 802,332 SH   SOLE   802,332 0 0
THE LACLEDE GROUP INC COM 505597104 1,730 33,240 SH   SOLE   33,240 0 0
ALLIANT ENERGY CORP COM 018802108 5,772 100,005 SH   SOLE   100,005 0 0
LOWES COS INC COM 548661107 1,247,081 18,621,490 SH   SOLE   18,621,490 0 0
MASTERCARD INC CLASS A 57636Q104 642,275 6,870,724 SH   SOLE   6,870,724 0 0
MICROSOFT CORP COM 594918104 1,663,890 37,687,211 SH   SOLE   37,687,211 0 0
NISOURCE INC COM 65473P105 12,436 272,773 SH   SOLE   272,773 0 0
NORTHWESTERN CORP COM 668074305 1,849 37,925 SH   SOLE   37,925 0 0
NORTHWEST NATURAL GAS CO COM 667655104 1,052 24,944 SH   SOLE   24,944 0 0
ORACLE CORP COM 68389X105 602,573 14,952,187 SH   SOLE   14,952,187 0 0
P G AND E CORP COM 69331C108 17,744 361,385 SH   SOLE   361,385 0 0
PNM RESOURCES INC COM 69349H107 1,729 70,271 SH   SOLE   70,271 0 0
PINNACLE WEST CAPITAL COM 723484101 5,537 97,329 SH   SOLE   97,329 0 0
PIEDMONT NATURAL GAS CO COM 720186105 2,382 67,464 SH   SOLE   67,464 0 0
PORTLAND GENERAL ELECTRIC CO COM 736508847 2,304 69,490 SH   SOLE   69,490 0 0
SCANA CORP COM 80589M102 6,241 123,220 SH   SOLE   123,220 0 0
SJW CORP COM 784305104 464 15,126 SH   SOLE   15,126 0 0
THE SOUTHERN CO COM 842587107 32,931 785,938 SH   SOLE   785,938 0 0
SEMPRA ENERGY COM 816851109 17,396 175,820 SH   SOLE   175,820 0 0
QUESTAR CORP COM 748356102 3,251 155,498 SH   SOLE   155,498 0 0
STATE STREET CORP COM 857477103 652,717 8,476,849 SH   SOLE   8,476,849 0 0
SOUTHWEST GAS CORP COM 844895102 5,762 108,290 SH   SOLE   108,290 0 0
TECO ENERGY INC COM 872375100 3,579 202,661 SH   SOLE   202,661 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 4,726 67,845 SH   SOLE   67,845 0 0
TARGET CORP COM 87612E106 927,560 11,362,979 SH   SOLE   11,362,979 0 0
UIL HOLDINGS CORP COM 902748102 2,367 51,669 SH   SOLE   51,669 0 0
VISA INC CLASS A 92826C839 1,124,669 16,748,608 SH   SOLE   16,748,608 0 0
VECTREN CORPORATION COM 92240G101 2,658 69,075 SH   SOLE   69,075 0 0
WELLS FARGO AND CO COM 949746101 570,318 10,140,796 SH   SOLE   10,140,796 0 0
WESTAR ENERGY INC COM 95709T100 19,845 579,937 SH   SOLE   579,937 0 0
AQUA AMERICA INC COM 03836W103 3,815 155,765 SH   SOLE   155,765 0 0
XCEL ENERGY INC COM 98389B100 30,172 937,593 SH   SOLE   937,593 0 0
CROWN CASTLE INTL CORP COM 228227104 90,448 1,126,371 SH   SOLE   1,126,371 0 0
YUM BRANDS INC COM 988498101 1,272,608 14,127,536 SH   SOLE   14,127,536 0 0
AMERICAN TOWER CORP COM 03027X100 18,662 200,046 SH   SOLE   200,046 0 0
PPL CORPORATION COM 69351T106 16,033 544,034 SH   SOLE   544,034 0 0
HOME DEPOT INC COM 437076102 957,445 8,615,544 SH   SOLE   8,615,544 0 0
EDISON INTERNATIONAL COM 281020107 15,470 278,337 SH   SOLE   278,337 0 0
ONE GAS INC COM 68235P108 1,760 41,358 SH   SOLE   41,358 0 0
EVERSOURCE ENERGY COM 30040W108 29,360 646,555 SH   SOLE   646,555 0 0
INTEL CORP COM 458140100 981,630 32,274,551 SH   SOLE   32,274,551 0 0
INTL BUSINESS MACHINES CORP COM 459200101 1,120,188 6,886,682 SH   SOLE   6,886,682 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,170 34,186 SH   SOLE   34,186 0 0
QUALCOMM INC COM 747525103 303,371 4,843,860 SH   SOLE   4,843,860 0 0
WEC ENERGY GROUP INC COM 92939U106 27,989 622,402 SH   SOLE   622,402 0 0