Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,153,200	$237M	8.2%	—	—	PUT	78462F103
SPY	SPDR S&P 500 ETF TR	982,500	$202M	7.0%	—	—	CALL	78462F103
—	CALPINE CORP	8,654,764	$192M	6.6%	$21.16	—	—	131347304
FE	FIRSTENERGY CORP	4,720,181	$184M	6.4%	$20.72	+11.4%	—	337932107
PCG	PG&E CORP	2,198,687	$117M	4.1%	$37.47	+18.6%	—	69331C108
NEE	NEXTERA ENERGY INC	1,081,232	$115M	4.0%	$17.98	+5.0%	—	65339F101
—	DYNEGY INC NEW DEL	3,619,129	$110M	3.8%	$26.61	—	—	26817R108
EXC	EXELON CORP	2,693,597	$99.88M	3.5%	$16.22	+6.6%	—	30161N101
EXC	EXELON CORP	2,626,400	$97.39M	3.4%	$16.22	+6.6%	CALL	30161N101
—	LACLEDE GROUP INC	1,792,107	$95.34M	3.3%	$48.61	—	—	505597104
D	DOMINION RES INC VA NEW	1,096,074	$84.29M	2.9%	$43.13	+4.5%	—	25746U109
DUK	DUKE ENERGY CORP NEW	851,907	$71.17M	2.5%	$44.71	+14.0%	—	26441C204
OGE	OGE ENERGY CORP	1,995,834	$70.81M	2.5%	$36.50	-1.1%	—	670837103
ATO	ATMOS ENERGY CORP	1,199,159	$66.84M	2.3%	$37.98	+5.9%	—	049560105
—	CANADIAN PAC RY LTD	312,325	$60.18M	2.1%	$193.00	—	—	13645T100
PPL	PPL CORP	1,328,435	$48.26M	1.7%	$18.20	+9.0%	—	69351T106
STLD	STEEL DYNAMICS INC	2,367,957	$46.74M	1.6%	$16.58	+2.3%	—	858119100
R	RYDER SYS INC	499,361	$46.37M	1.6%	$87.52	+2.0%	—	783549108
—	ASHLAND INC NEW	342,047	$40.96M	1.4%	$98.98	—	—	044209104
PWR	QUANTA SVCS INC	1,142,096	$32.42M	1.1%	$31.63	-2.6%	—	74762E102
—	EL PASO ELEC CO	762,334	$30.54M	1.1%	$38.58	—	—	283677854
TECK	TECK RESOURCES LTD	2,169,009	$29.59M	1.0%	$22.54	-32.3%	—	878742204
—	SUNEDISON INC	1,496,027	$29.19M	1.0%	$21.69	—	—	86732Y109
CF	CF INDS HLDGS INC	98,833	$26.94M	0.9%	$38.51	+0.5%	—	125269100
PPG	PPG INDS INC	108,693	$25.12M	0.9%	$76.71	+11.1%	—	693506107
RS	RELIANCE STEEL & ALUMINUM CO	404,186	$24.76M	0.9%	$69.95	-9.3%	—	759509102
MTZ	MASTEC INC	1,037,878	$23.47M	0.8%	$24.73	0.0%	—	576323109
—	TERRAFORM PWR INC	759,489	$23.45M	0.8%	$28.96	—	—	88104R100
SWX	SOUTHWEST GAS CORP	366,500	$22.65M	0.8%	$51.98	+9.2%	—	844895102
—	DU PONT E I DE NEMOURS & CO	300,000	$22.18M	0.8%	—	—	CALL	263534109
RIO	RIO TINTO PLC	469,355	$21.62M	0.8%	$46.06	—	—	767204100
MPC	MARATHON PETE CORP	210,372	$18.99M	0.7%	$30.77	+1.9%	—	56585A102
—	FERRO CORP	1,452,959	$18.83M	0.7%	$13.55	—	—	315405100
—	SWIFT TRANSN CO	645,807	$18.49M	0.6%	$21.63	—	—	87074U101
NWE	NORTHWESTERN CORP	304,649	$17.24M	0.6%	$33.16	0.0%	—	668074305
—	QUESTAR CORP	660,900	$16.71M	0.6%	$24.04	—	—	748356102
—	BABCOCK & WILCOX CO NEW	544,999	$16.51M	0.6%	$31.45	—	—	05615F102
RIG	TRANSOCEAN LTD	900,000	$16.5M	0.6%	—	—	PUT	H8817H100
WMB	WILLIAMS COS INC DEL	343,991	$15.46M	0.5%	$23.75	+14.4%	—	969457100
HUN	HUNTSMAN CORP	666,000	$15.17M	0.5%	$23.96	+1.2%	—	447011107
—	ARCELORMITTAL SA LUXEMBOURG	1,331,900	$14.69M	0.5%	$12.82	—	—	03938L104
POR	PORTLAND GEN ELEC CO	382,578	$14.47M	0.5%	$24.12	0.0%	—	736508847
—	TRANSCANADA CORP	293,400	$14.41M	0.5%	$49.10	—	—	89353D107
NJR	NEW JERSEY RES	225,330	$13.79M	0.5%	$17.87	+10.2%	—	646025106
—	POLYONE CORP	363,500	$13.78M	0.5%	$35.89	—	—	73179P106
—	AGL RES INC	239,000	$13.03M	0.5%	$54.51	—	—	001204106
ALB	ALBEMARLE CORP	214,837	$12.92M	0.4%	$54.91	-8.9%	—	012653101
—	OCEAN RIG UDW INC	1,330,507	$12.35M	0.4%	$15.56	—	—	Y64354205
—	TECO ENERGY INC	567,000	$11.62M	0.4%	$18.24	—	—	872375100
—	GRACE W R & CO DEL NEW	120,100	$11.46M	0.4%	$95.20	—	—	38388F108
—	PACIFIC DRILLING SA LUXEMBOU	2,393,642	$11.11M	0.4%	$10.07	—	—	L7257P106
APD	AIR PRODS & CHEMS INC	71,913	$10.37M	0.4%	$82.56	+16.6%	—	009158106
—	HOLLYFRONTIER CORP	263,000	$9.857M	0.3%	$37.48	—	—	436106108
FE	FIRSTENERGY CORP	250,000	$9.748M	0.3%	$20.72	+11.4%	PUT	337932107
—	GRACE W R & CO DEL NEW	100,000	$9.539M	0.3%	$95.20	—	CALL	38388F108
—	DOW CHEM CO	205,000	$9.35M	0.3%	$50.46	—	CALL	260543103
MOS	MOSAIC CO NEW	200,758	$9.165M	0.3%	$35.46	0.0%	—	61945C103
TXNM	PNM RES INC	308,171	$9.131M	0.3%	$27.94	+1.4%	—	69349H107
—	SPECTRA ENERGY CORP	250,000	$9.075M	0.3%	—	—	CALL	847560109
NI	NISOURCE INC	200,000	$8.484M	0.3%	—	—	CALL	65473P105
HNRG	HALLADOR ENERGY COMPANY	715,045	$7.873M	0.3%	$9.29	+20.6%	—	40609P105
HUBG	HUB GROUP INC	203,881	$7.764M	0.3%	$22.76	-18.3%	—	443320106
—	TRANSOCEAN PARTNERS LLC	528,228	$7.723M	0.3%	$20.08	—	—	Y8977Y100
OKE	ONEOK INC NEW	138,000	$6.871M	0.2%	$27.77	0.0%	—	682680103
HUN	HUNTSMAN CORP	300,000	$6.834M	0.2%	$23.96	+1.2%	CALL	447011107
LYB	LYONDELLBASELL INDUSTRIES N	84,880	$6.739M	0.2%	$47.78	0.0%	—	N53745100
AXTA	AXALTA COATING SYS LTD	255,200	$6.64M	0.2%	$24.63	0.0%	—	G0750C108
JKS	JINKOSOLAR HLDG CO LTD	316,614	$6.24M	0.2%	$19.71	—	—	47759T100
OGS	ONE GAS INC	148,430	$6.118M	0.2%	$38.82	0.0%	—	68235P108
HON	HONEYWELL INTL INC	60,173	$6.012M	0.2%	$68.28	0.0%	—	438516106
—	AIRGAS INC	50,000	$5.759M	0.2%	$115.17	—	CALL	009363102
FMC	F M C CORP	100,000	$5.703M	0.2%	—	—	CALL	302491303
—	ISRAEL CHEMICALS LTD	757,400	$5.491M	0.2%	$7.23	—	—	M5920A109
ETN	EATON CORP PLC	80,000	$5.437M	0.2%	$50.65	0.0%	—	G29183103
TAC	TRANSALTA CORP	599,600	$5.432M	0.2%	$9.59	0.0%	—	89346D107
—	GREAT PLAINS ENERGY INC	183,000	$5.199M	0.2%	$28.41	—	—	391164100
—	INGERSOLL-RAND PLC	80,297	$5.09M	0.2%	$57.51	—	—	G47791101
TKR	TIMKEN CO	118,000	$5.036M	0.2%	$45.43	-7.5%	—	887389104
—	BUNGE LIMITED	53,200	$4.836M	0.2%	$87.97	—	—	G16962105
CNP	CENTERPOINT ENERGY INC	196,900	$4.613M	0.2%	$16.40	-1.0%	—	15189T107
—	DELEK US HLDGS INC	154,462	$4.214M	0.1%	$27.28	—	—	246647101
PCAR	PACCAR INC	59,000	$4.013M	0.1%	$28.21	0.0%	—	693718108
—	TERRAFORM PWR INC	127,000	$3.921M	0.1%	$28.96	—	CALL	88104R100
CMS	CMS ENERGY CORP	111,865	$3.887M	0.1%	$23.42	0.0%	—	125896100
TEX	TEREX CORP NEW	125,000	$3.485M	0.1%	$28.59	0.0%	—	880779103
PTC	PTC INC	91,649	$3.359M	0.1%	$33.89	+9.2%	—	69370C100
SDLPEUR	SEADRILL PARTNERS LLC	200,903	$3.261M	0.1%	$23.12	—	—	Y7545W109
ECL	ECOLAB INC	31,185	$3.259M	0.1%	$96.70	0.0%	—	278865100
—	AXIALL CORP	76,138	$3.234M	0.1%	$41.25	—	—	05463D100
DQ	DAQO NEW ENERGY CORP	118,150	$3.112M	0.1%	$33.79	—	—	23703Q203
WLK	WESTLAKE CHEM CORP	45,000	$2.749M	0.1%	$57.80	0.0%	—	960413102
TTEK	TETRA TECH INC NEW	102,931	$2.748M	0.1%	$5.39	-3.1%	—	88162G103
—	TRINSEO S A	152,900	$2.668M	0.1%	$17.45	—	—	L9340P101
—	PRAXAIR INC	20,100	$2.604M	0.1%	—	—	CALL	74005P104
—	HERCULES OFFSHORE INC	2,579,900	$2.58M	0.1%	$1.00	—	—	427093109
IEX	IDEX CORP	32,894	$2.56M	0.1%	$64.42	0.0%	—	45167R104
—	TESORO CORP	34,300	$2.55M	0.1%	$74.34	—	—	881609101
LII	LENNOX INTL INC	23,695	$2.253M	0.1%	$75.37	+3.2%	—	526107107
—	AIRGAS INC	18,000	$2.073M	0.1%	$115.17	—	—	009363102
BDC	BELDEN INC	24,769	$1.952M	0.1%	$68.91	-0.7%	—	077454106
DHR	DANAHER CORP DEL	22,600	$1.937M	0.1%	$32.68	+0.7%	—	235851102
—	TRONOX LTD	76,900	$1.836M	0.1%	$24.85	—	—	Q9235V101
URI	UNITED RENTALS INC	18,000	$1.836M	0.1%	$93.73	+10.7%	—	911363109
RYZ	RYERSON HLDG CORP	170,580	$1.694M	0.1%	$11.44	-1.5%	—	783754104
—	ATWOOD OCEANICS INC	55,500	$1.575M	0.1%	$51.83	—	—	050095108
UPS	UNITED PARCEL SERVICE INC	14,000	$1.556M	0.1%	$70.93	0.0%	—	911312106
ACM	AECOM TECHNOLOGY CORP DELAWA	38,293	$1.163M	0.0%	$30.01	0.0%	—	00766T100
ESE	ESCO TECHNOLOGIES INC	25,399	$937K	0.0%	$33.04	+2.9%	—	296315104
ALLE	ALLEGION PUB LTD CO	16,799	$932K	0.0%	$43.11	+6.7%	—	G0176J109
—	YINGLI GREEN ENERGY HLDG CO	387,826	$911K	0.0%	$2.58	—	—	98584B103
APH	AMPHENOL CORP NEW	16,630	$895K	0.0%	$11.51	0.0%	—	032095101
—	MONSANTO CO NEW	6,397	$764K	0.0%	$112.05	—	—	61166W101
—	TYCO INTL PLC	17,000	$746K	0.0%	$43.88	—	—	G91442106
LEA	LEAR CORP	5,200	$510K	0.0%	$75.60	0.0%	—	521865204
XIFR	NEXTERA ENERGY PARTNERS LP	15,012	$507K	0.0%	$34.25	0.0%	—	65341B106
—	LIQTECH INTL INC	423,846	$462K	0.0%	$2.25	—	—	53632A102
—	JOHNSON CTLS INC	9,500	$459K	0.0%	$48.32	—	—	478366107
THR	THERMON GROUP HLDGS INC	18,678	$452K	0.0%	$23.79	0.0%	—	88362T103
GWW	GRAINGER W W INC	1,693	$432K	0.0%	$204.90	+0.5%	—	384802104
PNR	PENTAIR PLC	5,753	$382K	0.0%	$41.21	-11.8%	—	G7S00T104
—	EXA CORP	29,210	$342K	0.0%	$11.07	—	—	300614500
FLS	FLOWSERVE CORP	5,552	$332K	0.0%	$51.25	0.0%	—	34354P105
WERN	WERNER ENTERPRISES INC	10,100	$315K	0.0%	$28.17	0.0%	—	950755108
PBF	PBF ENERGY INC	10,000	$266K	0.0%	$26.05	0.0%	—	69318G106
—	CAPSTONE TURBINE CORP	158,955	$118K	0.0%	$1.23	—	—	14067D102