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
ADECOAGRO S A COM L00849106 400 56,045 SH   SOLE   56,045 0 0
AGCO CORP COM 001084102 3,170 40,868 SH   SOLE   40,868 0 0
AK STL HLDG CORP COM 001547108 369 155,686 SH   SOLE   155,686 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 632 104,468 SH   SOLE   104,468 0 0
ALCOA CORP COM 013872106 1,272 54,344 SH   SOLE   54,344 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 482 28,358 SH   SOLE   28,358 0 0
AMERICAN STS WTR CO COM 029899101 849 11,288 SH   SOLE   11,288 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 3,831 33,025 SH   SOLE   33,025 0 0
ANDERSONS INC COM 034164103 397 14,574 SH   SOLE   14,574 0 0
ANTERO RES CORP COM 03674X106 592 107,106 SH   SOLE   107,106 0 0
APACHE CORP COM 037411105 764 26,358 SH   SOLE   26,358 0 0
AQUA AMERICA INC COM 03836W103 2,189 52,905 SH   SOLE   52,905 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 633 35,090 SH   SOLE   35,090 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 1,353 33,150 SH   SOLE   33,150 0 0
ARCHROCK INC COM 03957W106 266 25,065 SH   SOLE   25,065 0 0
B2GOLD CORP COM 11777Q209 192 63,100 SH   SOLE   63,100 0 0
BAKER HUGHES A GE CO CL A 05722G100 712 28,899 SH   SOLE   28,899 0 0
BAYTEX ENERGY CORP COM 07317Q105 30 19,466 SH   SOLE   19,466 0 0
BHP GROUP LTD SPONSORED ADS 088606108 297 5,106 SH   SOLE   5,106 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 308 14,731 SH   SOLE   14,731 0 0
BP PLC SPONSORED ADR 055622104 653 15,665 SH   SOLE   15,665 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 336 21,701 SH   SOLE   21,701 0 0
BRF SA SPONSORED ADR 10552T107 2,110 277,604 SH   SOLE   277,604 0 0
BUNGE LIMITED COM G16962105 2,624 47,101 SH   SOLE   47,101 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 358 30,370 SH   SOLE   30,370 0 0
CAL MAINE FOODS INC COM NEW 128030202 1,540 36,921 SH   SOLE   36,921 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 781 15,426 SH   SOLE   15,426 0 0
CALLON PETE CO DEL COM 13123X102 1,783 270,568 SH   SOLE   270,568 0 0
CAMECO CORP COM 13321L108 686 63,929 SH   SOLE   63,929 0 0
CANADIAN SOLAR INC COM 136635109 752 34,452 SH   SOLE   34,452 0 0
CARPENTER TECHNOLOGY CORP COM 144285103 596 12,423 SH   SOLE   12,423 0 0
CARRIZO OIL & GAS INC COM 144577103 506 50,509 SH   SOLE   50,509 0 0
CENOVUS ENERGY INC COM 15135U109 144 16,366 SH   SOLE   16,366 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 1,026 135,113 SH   SOLE   135,113 0 0
CENTURY ALUM CO COM 156431108 905 130,922 SH   SOLE   130,922 0 0
CF INDS HLDGS INC COM 125269100 3,464 74,169 SH   SOLE   74,169 0 0
CHEVRON CORP NEW COM 166764100 913 7,338 SH   SOLE   7,338 0 0
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 423 6,209 SH   SOLE   6,209 0 0
CIMAREX ENERGY CO COM 171798101 1,643 27,694 SH   SOLE   27,694 0 0
CLEVELAND CLIFFS INC COM 185899101 1,351 126,654 SH   SOLE   126,654 0 0
CNH INDL N V SHS N20944109 1,896 184,389 SH   SOLE   184,389 0 0
CNOOC LTD SPONSORED ADR 126132109 1,610 9,450 SH   SOLE   9,450 0 0
CNX RESOURCES CORPORATION COM 12653C108 691 94,532 SH   SOLE   94,532 0 0
COEUR MNG INC COM NEW 192108504 61 14,012 SH   SOLE   14,012 0 0
COMMERCIAL METALS CO COM 201723103 1,126 63,091 SH   SOLE   63,091 0 0
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 2,457 201,870 SH   SOLE   201,870 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 260 15,577 SH   SOLE   15,577 0 0
COMPASS MINERALS INTL INC COM 20451N101 2,332 42,431 SH   SOLE   42,431 0 0
CONCHO RES INC COM 20605P101 2,135 20,694 SH   SOLE   20,694 0 0
CONOCOPHILLIPS COM 20825C104 1,892 31,024 SH   SOLE   31,024 0 0
CONSOL ENERGY INC NEW COM 20854L108 650 24,418 SH   SOLE   24,418 0 0
CONTINENTAL RESOURCES INC COM 212015101 3,343 79,419 SH   SOLE   79,419 0 0
CORE LABORATORIES N V COM N22717107 558 10,665 SH   SOLE   10,665 0 0
CRESCENT PT ENERGY CORP COM 22576C101 526 159,000 SH   SOLE   159,000 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 243 5,742 SH   SOLE   5,742 0 0
DARLING INGREDIENTS INC COM 237266101 2,138 107,482 SH   SOLE   107,482 0 0
DEAN FOODS CO NEW COM NEW 242370203 47 50,918 SH   SOLE   50,918 0 0
DEERE & CO COM 244199105 2,692 16,247 SH   SOLE   16,247 0 0
DENBURY RES INC COM NEW 247916208 13 10,797 SH   SOLE   10,797 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,805 63,274 SH   SOLE   63,274 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 271 30,572 SH   SOLE   30,572 0 0
DIAMONDBACK ENERGY INC COM 25278X109 949 8,712 SH   SOLE   8,712 0 0
ENCANA CORP COM 292505104 1,083 211,075 SH   SOLE   211,075 0 0
ENERPLUS CORP COM 292766102 480 63,764 SH   SOLE   63,764 0 0
ENI S P A SPONSORED ADR 26874R108 390 11,804 SH   SOLE   11,804 0 0
ENPHASE ENERGY INC COM 29355A107 1,411 77,427 SH   SOLE   77,427 0 0
ENSCO PLC SHS CLASS A G3157S106 353 41,351 SH   SOLE   41,351 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 331 11,457 SH   SOLE   11,457 0 0
EOG RES INC COM 26875P101 2,234 23,981 SH   SOLE   23,981 0 0
EVOQUA WATER TECHNOLOGIES CO COM 30057T105 1,008 70,796 SH   SOLE   70,796 0 0
EXTRACTION OIL AND GAS INC COM 30227M105 1,257 290,392 SH   SOLE   290,392 0 0
EXXON MOBIL CORP COM 30231G102 757 9,885 SH   SOLE   9,885 0 0
F M C CORP COM NEW 302491303 2,923 35,240 SH   SOLE   35,240 0 0
FIRST MAJESTIC SILVER CORP COM 32076V103 96 12,179 SH   SOLE   12,179 0 0
FORTUNA SILVER MINES INC COM 349915108 136 47,714 SH   SOLE   47,714 0 0
FORUM ENERGY TECHNOLOGIES IN COM 34984V100 39 11,414 SH   SOLE   11,414 0 0
FRANKS INTL N V COM N33462107 254 46,545 SH   SOLE   46,545 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 542 20,113 SH   SOLE   20,113 0 0
FTS INTERNATIONAL INC COM 30283W104 290 52,040 SH   SOLE   52,040 0 0
GEOPARK LTD USD SHS G38327105 241 12,980 SH   SOLE   12,980 0 0
GERDAU S A SPON ADR REP PFD 373737105 1,764 453,425 SH   SOLE   453,425 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 994 183,820 SH   SOLE   183,820 0 0
GRAN TIERRA ENERGY INC COM 38500T101 145 91,477 SH   SOLE   91,477 0 0
GREEN PLAINS INC COM 393222104 446 41,368 SH   SOLE   41,368 0 0
GULFPORT ENERGY CORP COM NEW 402635304 994 202,460 SH   SOLE   202,460 0 0
HALCON RES CORP COM 40537Q605 23 129,488 SH   SOLE   129,488 0 0
HALLIBURTON CO COM 406216101 437 19,202 SH   SOLE   19,202 0 0
HARSCO CORP COM 415864107 950 34,613 SH   SOLE   34,613 0 0
HECLA MNG CO COM 422704106 173 96,216 SH   SOLE   96,216 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 545 63,173 SH   SOLE   63,173 0 0
HELMERICH & PAYNE INC COM 423452101 496 9,791 SH   SOLE   9,791 0 0
HESS CORP COM 42809H107 222 3,491 SH   SOLE   3,491 0 0
HI CRUSH INC COM 428337109 31 12,594 SH   SOLE   12,594 0 0
HIGHPOINT RES CORP COM 43114K108 108 59,445 SH   SOLE   59,445 0 0
HOLLYFRONTIER CORP COM 436106108 1,098 23,735 SH   SOLE   23,735 0 0
HORMEL FOODS CORP COM 440452100 1,240 30,595 SH   SOLE   30,595 0 0
HUDBAY MINERALS INC COM 443628102 1,449 267,600 SH   SOLE   267,600 0 0
IAMGOLD CORP COM 450913108 107 31,631 SH   SOLE   31,631 0 0
INGREDION INC COM 457187102 1,940 23,518 SH   SOLE   23,518 0 0
ISRAEL CHEMICALS LTD SHS M5920A109 233 44,463 SH   SOLE   44,463 0 0
JAGGED PEAK ENERGY INC COM 47009K107 875 105,805 SH   SOLE   105,805 0 0
JINKOSOLAR HLDG CO LTD SPONSORED ADR 47759T100 203 9,361 SH   SOLE   9,361 0 0
KEANE GROUP INC COM 48669A108 639 95,141 SH   SOLE   95,141 0 0
KOSMOS ENERGY LTD COM 500688106 414 66,035 SH   SOLE   66,035 0 0
LAREDO PETROLEUM INC COM 516806106 1,837 633,436 SH   SOLE   633,436 0 0
MARATHON OIL CORP COM 565849106 1,262 88,810 SH   SOLE   88,810 0 0
MARATHON PETE CORP COM 56585A102 1,467 26,251 SH   SOLE   26,251 0 0
MATADOR RES CO COM 576485205 1,347 67,732 SH   SOLE   67,732 0 0
MCDERMOTT INTL INC COM 580037703 199 20,632 SH   SOLE   20,632 0 0
MOSAIC CO NEW COM 61945C103 2,227 88,983 SH   SOLE   88,983 0 0
MURPHY OIL CORP COM 626717102 913 37,054 SH   SOLE   37,054 0 0
NABORS INDUSTRIES LTD SHS G6359F103 796 274,543 SH   SOLE   274,543 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 215 5,586 SH   SOLE   5,586 0 0
NOBLE CORP PLC SHS USD G65431101 101 53,876 SH   SOLE   53,876 0 0
NOBLE ENERGY INC COM 655044105 879 39,252 SH   SOLE   39,252 0 0
NUTRIEN LTD COM 67077M108 2,999 56,099 SH   SOLE   56,099 0 0
OASIS PETE INC NEW COM 674215108 680 119,740 SH   SOLE   119,740 0 0
OCCIDENTAL PETE CORP COM 674599105 1,323 26,304 SH   SOLE   26,304 0 0
OCEANEERING INTL INC COM 675232102 1,269 62,225 SH   SOLE   62,225 0 0
OIL STS INTL INC COM 678026105 613 33,507 SH   SOLE   33,507 0 0
PARSLEY ENERGY INC CL A 701877102 1,619 85,166 SH   SOLE   85,166 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,310 113,798 SH   SOLE   113,798 0 0
PDC ENERGY INC COM 69327R101 1,266 35,104 SH   SOLE   35,104 0 0
PETROCHINA CO LTD SPONSORED ADR 71646E100 521 9,463 SH   SOLE   9,463 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 366 23,477 SH   SOLE   23,477 0 0
PHILLIPS 66 COM 718546104 844 9,027 SH   SOLE   9,027 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 2,317 91,250 SH   SOLE   91,250 0 0
PIONEER NAT RES CO COM 723787107 1,014 6,592 SH   SOLE   6,592 0 0
POSCO SPONSORED ADR 693483109 596 11,236 SH   SOLE   11,236 0 0
POTLATCHDELTIC CORPORATION COM 737630103 1,682 43,162 SH   SOLE   43,162 0 0
PRECISION DRILLING CORP COM 2010 74022D308 107 56,583 SH   SOLE   56,583 0 0
PRETIUM RES INC COM 74139C102 114 11,349 SH   SOLE   11,349 0 0
PROPETRO HLDG CORP COM 74347M108 538 25,990 SH   SOLE   25,990 0 0
QEP RES INC COM 74733V100 484 67,003 SH   SOLE   67,003 0 0
RANGE RES CORP COM 75281A109 168 24,123 SH   SOLE   24,123 0 0
RAYONIER INC COM 754907103 1,874 61,850 SH   SOLE   61,850 0 0
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 797 50,261 SH   SOLE   50,261 0 0
REXNORD CORP NEW COM 76169B102 580 19,195 SH   SOLE   19,195 0 0
RING ENERGY INC COM 76680V108 119 36,755 SH   SOLE   36,755 0 0
RIO TINTO PLC SPONSORED ADR 767204100 3,864 61,978 SH   SOLE   61,978 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 695 10,687 SH   SOLE   10,687 0 0
RPC INC COM 749660106 1,502 208,310 SH   SOLE   208,310 0 0
SANDERSON FARMS INC COM 800013104 1,030 7,544 SH   SOLE   7,544 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 233 42,029 SH   SOLE   42,029 0 0
SCHLUMBERGER LTD COM 806857108 778 19,573 SH   SOLE   19,573 0 0
SCHNITZER STL INDS CL A 806882106 633 24,185 SH   SOLE   24,185 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 427 36,801 SH   SOLE   36,801 0 0
SIBANYE STILLWATER SPONSORED ADR 825724206 82 17,217 SH   SOLE   17,217 0 0
SJW GROUP COM 784305104 496 8,165 SH   SOLE   8,165 0 0
SM ENERGY CO COM 78454L100 1,425 113,801 SH   SOLE   113,801 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 2,385 76,676 SH   SOLE   76,676 0 0
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 328 21,863 SH   SOLE   21,863 0 0
SOUTHERN COPPER CORP COM 84265V105 1,020 26,244 SH   SOLE   26,244 0 0
SOUTHWESTERN ENERGY CO COM 845467109 102 32,128 SH   SOLE   32,128 0 0
SRC ENERGY INC COM 78470V108 2,247 452,948 SH   SOLE   452,948 0 0
STEEL DYNAMICS INC COM 858119100 1,170 38,758 SH   SOLE   38,758 0 0
SUNCOKE ENERGY INC COM 86722A103 158 17,835 SH   SOLE   17,835 0 0
SUNCOR ENERGY INC NEW COM 867224107 431 13,810 SH   SOLE   13,810 0 0
SUNPOWER CORP COM 867652406 128 11,999 SH   SOLE   11,999 0 0
TECK RESOURCES LTD CL B 878742204 5,094 220,885 SH   SOLE   220,885 0 0
TELLURIAN INC NEW COM 87968A104 817 104,063 SH   SOLE   104,063 0 0
TERNIUM SA SPONSORED ADS 880890108 781 34,832 SH   SOLE   34,832 0 0
TOTAL S A SPONSORED ADS 89151E109 1,233 22,099 SH   SOLE   22,099 0 0
TPI COMPOSITES INC COM 87266J104 526 21,287 SH   SOLE   21,287 0 0
TRANSOCEAN LTD REG SHS H8817H100 147 22,975 SH   SOLE   22,975 0 0
TYSON FOODS INC CL A 902494103 2,852 35,319 SH   SOLE   35,319 0 0
U S SILICA HLDGS INC COM 90346E103 248 19,355 SH   SOLE   19,355 0 0
UNIT CORP COM 909218109 382 42,922 SH   SOLE   42,922 0 0
UNITED STATES STL CORP NEW COM 912909108 3,806 248,585 SH   SOLE   248,585 0 0
VALE S A SPONSORED ADS 91912E105 341 25,404 SH   SOLE   25,404 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,458 17,028 SH   SOLE   17,028 0 0
VEDANTA LTD SPONSORED ADR 92242Y100 548 53,882 SH   SOLE   53,882 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 1,975 64,080 SH   SOLE   64,080 0 0
W & T OFFSHORE INC COM 92922P106 2,142 431,844 SH   SOLE   431,844 0 0
WARRIOR MET COAL INC COM 93627C101 1,923 73,624 SH   SOLE   73,624 0 0
WHITING PETE CORP NEW COM NEW 966387409 1,205 64,504 SH   SOLE   64,504 0 0
WPX ENERGY INC COM 98212B103 1,907 165,664 SH   SOLE   165,664 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,101 60,465 SH   SOLE   60,465 0 0