Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SANDERSON FARMS INC	90,580	$7.215M	4.6%	$83.51	—	COM	800013104
CF	CF INDS HLDGS INC	23,728	$6.731M	4.2%	$31.53	+39.5%	COM	125269100
SPY	SPDR S&P 500 ETF TR	30,000	$6.193M	3.9%	—	—	Put	78462F103
—	MONSANTO CO NEW	51,208	$5.763M	3.6%	$110.93	—	COM	61166W101
MOS	MOSAIC CO NEW	115,417	$5.316M	3.4%	$36.82	+6.6%	COM	61945C103
PPC	PILGRIMS PRIDE CORP NEW	206,982	$4.676M	2.9%	$28.10	+1.2%	COM	72147K108
FMC	FMC CORP	73,876	$4.229M	2.7%	$43.71	-6.5%	COM NEW	302491303
AGCO	AGCO CORP	82,025	$3.908M	2.5%	$43.16	-13.7%	COM	001084102
HRL	HORMEL FOODS CORP	64,703	$3.678M	2.3%	$18.20	+16.3%	COM	440452100
—	CNOOC LTD	18,859	$2.675M	1.7%	$137.57	—	SPONS ADR	126132109
SCCO	SOUTHERN COPPER CORP	86,422	$2.522M	1.6%	$19.51	-3.3%	COM	84265V105
RYN	RAYONIER INC	84,528	$2.279M	1.4%	$31.75	—	COM	754907103
RIO	RIO TINTO PLC	50,174	$2.077M	1.3%	$46.96	—	SPONS ADR	767204100
SU	SUNCOR ENERGY INC NEW	62,884	$1.836M	1.2%	$24.95	-18.8%	COM	867224107
—	JOY GLOBAL INC	44,573	$1.746M	1.1%	$55.50	—	COM	481165108
—	MARATHON OIL CORP	65,053	$1.699M	1.1%	$35.69	—	COM	565849106
RES	RPC INC	131,755	$1.688M	1.1%	$10.82	0.0%	COM	749660106
OII	OCEANEERING INTL INC	31,198	$1.683M	1.1%	$69.70	-23.5%	COM	675232102
XOM	EXXON MOBIL CORP	19,222	$1.634M	1.0%	$59.35	-6.4%	COM	30231G102
RS	RELIANCE STEEL & ALUMINUM CO	26,511	$1.619M	1.0%	$67.77	-17.0%	COM	759509102
—	CONTINENTAL RESOURCES INC	37,052	$1.618M	1.0%	$66.66	—	COM	212015101
CVE	CENOVUS ENERGY INC	91,487	$1.54M	1.0%	$19.47	-23.5%	COM	15135U109
OXY	OCCIDENTAL PETE CORP DEL	20,669	$1.509M	1.0%	$59.82	-6.8%	COM	674599105
HP	HELMERICH & PAYNE INC	21,777	$1.482M	0.9%	$87.07	-24.8%	COM	423452101
MPC	MARATHON PETE CORP	14,249	$1.459M	0.9%	$27.39	+25.6%	COM	56585A102
VALE	VALE SA	254,682	$1.439M	0.9%	$11.00	—	ADR	91912E105
—	SILVER WHEATON CORP	72,517	$1.379M	0.9%	$23.37	—	COM	828336107
—	DRIL-QUIP INC	20,000	$1.368M	0.9%	$78.92	—	COM	262037104
VLO	VALERO ENERGY CORP NEW	19,755	$1.257M	0.8%	$30.19	+21.1%	COM	91913Y100
—	WESTERN REFNG INC	24,410	$1.206M	0.8%	$49.41	—	COM	959319104
—	ANGLOGOLD ASHANTI	127,718	$1.193M	0.8%	$12.89	—	SPON ADR	035128206
IMO	IMPERIAL OIL LTD	29,932	$1.193M	0.8%	$37.01	-17.5%	COM NEW	453038408
SLB	SCHLUMBERGER LTD	13,796	$1.151M	0.7%	$74.46	-17.6%	COM	806857108
DE	DEERE & CO	13,125	$1.151M	0.7%	$69.07	+5.7%	COM	244199105
—	HOLLYFRONTIER CORP	28,340	$1.141M	0.7%	$47.08	—	COM	436106108
—	ENCANA CORP	102,116	$1.139M	0.7%	$16.03	—	COM	292505104
INGR	INGREDION INC	14,499	$1.128M	0.7%	$72.37	+13.0%	COM	457187102
—	RANDGOLD RES LTD	16,226	$1.124M	0.7%	$72.21	—	ADR	752344309
FNV	FRANCO NEVADA CORP	22,967	$1.113M	0.7%	$46.00	+0.1%	COM	351858105
BVN	COMPANIA DE MINAS BUENAVENTUR	107,893	$1.093M	0.7%	$10.76	—	SPONS ADR	204448104
—	CORE LABORATORIES NV	10,322	$1.079M	0.7%	$136.06	—	COM	N22717107
—	GOLDCORP INC NEW	58,343	$1.057M	0.7%	$21.73	—	COM	380956409
TECK	TECK RESOURCES LTD	74,793	$1.025M	0.6%	$14.08	0.0%	CL B	878742204
EC	ECOPETROL SA	66,732	$1.016M	0.6%	$28.07	—	SPONS ADR	279158109
CVX	CHEVRON CORP NEW	9,566	$1.004M	0.6%	$73.54	-9.0%	COM	166764100
—	HESS CORP	14,254	$967K	0.6%	$83.89	—	COM	42809H107
—	CAMERON INTERNATIONAL CORP	21,285	$960K	0.6%	$59.70	—	COM	13342B105
GGB	GERDAU SA	282,357	$904K	0.6%	$4.52	—	SPONS ADR REP PFD	373737105
ADM	ARCHER-DANIELS-MIDLAND CO	19,003	$901K	0.6%	$26.39	+31.0%	COM	039483102
—	POTASH CORP SASK INC	27,703	$893K	0.6%	$31.28	—	COM	73755L107
SBS	COMPANHIA DE SANEAMENTO BASI	164,086	$889K	0.6%	$7.99	—	SPONS ADR	20441A102
PSX	PHILLIPS 66	10,779	$847K	0.5%	$41.80	+17.8%	COM	718546104
BP	BP PLC	21,477	$840K	0.5%	$42.03	—	SPONS ADR	055622104
PAAS	PAN AMERICAN SILVER CORP	91,464	$802K	0.5%	$11.47	-10.4%	COM	697900108
SQM	SOCIEDAD QUIMICA Y MINERA DE C	43,776	$799K	0.5%	$29.31	—	SPON ADR SER B	833635105
CALM	CAL MAINE FOODS INC	20,208	$789K	0.5%	$26.57	0.0%	COM NEW	128030202
HLX	HELIX ENERGY SOLUTIONS GRP I	52,611	$787K	0.5%	$16.89	0.0%	COM	42330P107
BHP	BHP BILLITON LTD	16,787	$780K	0.5%	$30.71	—	SPONS ADR	088606108
—	CIMAREX ENERGY CO	6,740	$776K	0.5%	$115.13	—	COM	171798101
EOG	EOG RES INC	8,465	$776K	0.5%	$70.42	-6.0%	COM	26875P101
WY	WEYERHAEUSER CO	22,454	$744K	0.5%	$19.29	+18.5%	COM	962166104
OIS	OIL STS INTL INC	18,080	$719K	0.5%	$54.63	-22.5%	COM	678026105
PBF	PBF ENERGY INC	20,977	$712K	0.4%	$29.01	0.0%	CLA	69318G106
GFI	GOLD FIELDS LTD NEW	166,768	$669K	0.4%	$3.76	—	SPONS ADR	38059T106
—	ENERGEN CORP	10,115	$668K	0.4%	$70.58	—	COM	29265N108
—	BARRICK GOLD CORP	60,577	$664K	0.4%	$17.53	—	COM	067901108
—	KOSMOS ENERGY LTD	81,131	$642K	0.4%	$8.53	—	SHS	G5315B107
AEM	AGNICO-EAGLE MINES LTD	22,865	$639K	0.4%	$25.34	+0.1%	COM	008474108
DVN	DEVON ENERGY CORP NEW	10,288	$620K	0.4%	$42.08	-1.2%	COM	25179M103
—	INTREPID POTASH INC	53,461	$617K	0.4%	$16.01	—	COM	46121Y102
SM	SM ENERGY CO	11,893	$615K	0.4%	$63.08	-38.8%	COM	78454L100
CMC	COMMERCIAL METALS CO	37,937	$614K	0.4%	$13.87	-16.2%	COM	201723103
NVRI	HARSCO CORP	35,202	$608K	0.4%	$22.28	-26.0%	COM	415864107
—	ELDORADO GOLD CORP NEW	129,175	$593K	0.4%	$5.16	—	COM	284902103
—	TESORO CORP	6,441	$588K	0.4%	$59.51	—	COM	881609101
LNN	LINDSAY CORP	7,658	$584K	0.4%	$72.88	+0.6%	COM	535555106
WOR	WORTHINGTON /INDS/NC	21,493	$572K	0.4%	$21.72	-20.9%	COM	981811102
E	ENI SPA	16,393	$567K	0.4%	$45.57	—	SPONS ADR	26874R108
—	ALAMOS GOLD INC	94,523	$553K	0.3%	$8.36	—	COM	011527108
—	DRESSER-RAND GROUP INC	6,704	$539K	0.3%	$74.35	—	COM	261608103
CVI	CVR ENERGY INC	12,494	$532K	0.3%	$16.38	0.0%	COM	12662P108
HAL	HALLIBURTON CO	11,969	$525K	0.3%	$38.88	-13.0%	COM	406216101
—	STATOIL ASA	29,543	$520K	0.3%	$17.55	—	SPONS ADR	85771P102
MUR	MURPHY OIL CORP	11,016	$513K	0.3%	$38.04	-15.8%	COM	626717102
—	CVR REFINING LP	24,412	$506K	0.3%	$20.73	—	COMUNIT REP LT	12663P107
STLD	STEEL DYNAMICS INC	24,457	$492K	0.3%	$16.97	-13.1%	COM	858119100
—	FMC TECHNOLOGIES INC	13,209	$489K	0.3%	$54.84	—	COM	30249U101
—	EP ENERGY CORP	46,562	$488K	0.3%	$17.01	—	CLA	268785102
—	SOUTHWESTERN ENERGY CO	20,981	$487K	0.3%	$35.46	—	COM	845467109
—	AQUA AMERICA INC	18,203	$480K	0.3%	$25.83	—	COM	03836W103
—	NEWFIELD EXPL CO	13,607	$477K	0.3%	$44.17	—	COM	651290108
—	SUPERIOR ENERGY SVS INC	21,185	$473K	0.3%	$34.44	—	COM	868157108
CNH	CNH INDL NV	57,480	$469K	0.3%	$7.42	-24.3%	SHS	N20944109
WKC	WORLD FUEL SVS CORP	8,104	$466K	0.3%	$51.93	0.0%	COM	981475106
PCH	POTLATCH CORP NEW	11,590	$464K	0.3%	$40.28	—	COM	737630103
ANDE	ANDERSONS INC	11,155	$461K	0.3%	$43.45	-17.7%	COM	034164103
—	TURQUOISE HILL RES LTD	146,987	$459K	0.3%	$3.34	—	COM	900435108
NUE	NUCOR CORP	9,630	$458K	0.3%	$36.44	-1.4%	COM	670346105
—	PETROCHINA CO LTD	4,087	$455K	0.3%	$125.82	—	SPONS ADR	71646E100
—	BAKER HUGHES INC	7,119	$453K	0.3%	$52.07	—	COM	057224107
—	TOTAL SA	9,057	$450K	0.3%	$65.39	—	SPONS ADR	89151E109
—	APACHE CORP	7,317	$441K	0.3%	$88.82	—	COM	037411105
PTEN	PATTERSON UTI ENERGY INC	23,108	$434K	0.3%	$17.15	0.0%	COM	703481101
KGC	KINROSS GOLD CORP	191,405	$429K	0.3%	$4.36	-33.3%	COM NO PAR	496902404
KALU	KAISER ALUMINUM CORP	5,554	$427K	0.3%	$52.19	0.0%	COM PAR $0.01	483007704
—	ROYAL DUTCH SHELL PLC	7,015	$418K	0.3%	$65.67	—	SPONS ADR B	780259206
NGD	NEW GOLD INC CDA	121,184	$411K	0.3%	$5.80	-32.1%	COM	644535106
COP	CONOCOPHILLIPS	6,507	$405K	0.3%	$46.02	-1.0%	COM	20825C104
—	PIONEER NAT RES CO	2,444	$400K	0.3%	$190.29	—	COM	723787107
AG	FIRST MAJESTIC SILVER CORP	73,352	$397K	0.3%	$9.11	-36.2%	COM	32076V103
AWR	AMERICAN STS WTR CO	9,897	$395K	0.2%	$25.71	+24.9%	COM	029899101
WMB	WILLIAMS COS INC DEL	7,776	$393K	0.2%	$24.17	+3.2%	COM	969457100
KMI	KINDER MORGAN INC DEL	9,354	$393K	0.2%	$20.18	+18.3%	COM	49456B101
CRS	CARPENTER TECHNOLOGY CORP	9,819	$382K	0.2%	$51.76	-35.7%	COM	144285103
—	YAMANA GOLD INC	105,539	$379K	0.2%	$4.84	—	COM	98462Y100
—	TRANSCANADA CORP	8,734	$373K	0.2%	$47.73	—	COM	89353D107
—	NATIONAL OILWELL VARCO INC	7,241	$362K	0.2%	$78.23	—	COM	637071101
PKX	POSCO	6,534	$357K	0.2%	$73.88	—	SPONS ADR	693483109
EPD	ENTERPRISE PRODS PARTNERS	10,676	$352K	0.2%	$56.84	—	COM	293792107
BTG	B2GOLD CORP	220,552	$329K	0.2%	$1.93	-27.3%	COM	11777Q209
—	AURICO GOLD INC	118,121	$327K	0.2%	$3.83	—	COM	05155C105
HL	HECLA MNG CO	109,738	$327K	0.2%	$2.98	+1.5%	COM	422704106
CJESEUR	C&J ENERGY SVCS LTD	28,442	$317K	0.2%	$11.15	—	SHS	G3164Q101
PBR	PETROLEO BRASILEIRO SA PETRO	51,070	$307K	0.2%	$13.62	—	SPONS ADR	71654V408
—	FORUM ENERGY TECHNOLOGIES IN	15,556	$305K	0.2%	$20.70	—	COM	34984V100
—	ISRAEL CHEMICALS LTD	42,343	$301K	0.2%	$7.20	—	SHS	M5920A109
—	SILVER STD RES INC	65,217	$295K	0.2%	$8.66	—	COM	82823L106
EQT	EQT CORP	3,493	$289K	0.2%	$52.61	-26.0%	COM	26884L109
ATI	ALLEGHENY TECHNOLOGIES INC	9,407	$282K	0.2%	$26.04	+14.4%	COM	01741R102
HBM	HUDBAY MINERALS INC	33,812	$276K	0.2%	$8.46	-6.4%	COM	443628102
—	CHESAPEAKE ENERGY CORP	18,970	$269K	0.2%	$24.48	—	COM	165167107
—	WEATHERFORD INTL PLC	21,778	$268K	0.2%	$20.80	—	ORD SHS	G48833100
CCJ	CAMECO CORP	19,077	$266K	0.2%	$16.73	-20.2%	COM	13321L108
NPKI	NEWPARK RESOURCES INC	28,502	$260K	0.2%	$11.07	-17.5%	COM PAR $.01 NEW	651718504
SXC	SUNCOKE ENERGY INC	17,318	$259K	0.2%	$21.01	-18.8%	COM	86722A103
TSN	TYSON FOODS INC	6,760	$259K	0.2%	$30.96	+0.5%	CL A	902494103
—	ENERPLUS CORP	24,960	$253K	0.2%	$17.02	—	COM	292766102
—	NOBLE ENERGY INC	5,082	$249K	0.2%	$67.03	—	COM	655044105
—	CRESCENT PT ENERGY CORP	11,181	$249K	0.2%	$35.74	—	COM	22576C101
—	UNITED STATES STEEL CORP	10,160	$248K	0.2%	$24.41	—	COM	912909108
MTDR	MATADOR RES CO	11,262	$247K	0.2%	$21.57	0.0%	COM	576485205
—	STILLWATER MINING CO	18,812	$243K	0.2%	$12.92	—	COM	86074Q102
—	ENSCO PLC	11,553	$243K	0.2%	$54.70	—	SHS CLASS A	G3157S106
—	TAHOE RES INC	21,400	$232K	0.1%	$10.84	—	COM	873868103
RGLD	ROYAL GOLD INC	3,601	$227K	0.1%	$68.70	0.0%	COM	780287108
CNQ	CANADIAN NAT RES LTD	7,378	$227K	0.1%	$9.89	-8.3%	COM	136385101
—	CALGON CARBON CORP	10,613	$224K	0.1%	$19.41	—	COM	129603106
FCX	FREEPORT MCMORAN INC	11,786	$223K	0.1%	$26.90	-34.5%	CLB	35671D857
—	PLUM CREEK TIMBER CO INC	4,937	$215K	0.1%	$46.52	—	COM	729251108
—	PRIMERO MINING CORP	63,300	$213K	0.1%	$3.97	—	COM	74164W106
—	SPECTRA ENERGY CORP	5,869	$212K	0.1%	$42.43	—	COM	847560109
—	NABORS INDS LTD	15,495	$212K	0.1%	$29.39	—	SHS	G6359F103
HMY	HARMONY GOLD MNG LTD	115,855	$202K	0.1%	$3.05	—	SPONS ADR	413216300
CENX	CENTURY ALUM CO	14,515	$200K	0.1%	$14.18	+42.0%	COM	156431108
AWK	AMERICAN WTR WKS CO INC NEW	3,695	$200K	0.1%	$43.91	0.0%	COM	030420103
—	ARCELORMITTAL SA LUXEMBOURG	20,523	$193K	0.1%	$13.68	—	NY REGISTRY SH	03938L104
—	NORTHERN OIL & GAS INC NEV	24,042	$185K	0.1%	$5.64	—	COM	665531109
CWT	CALIFORNIA WTR SVC GROUP	7,154	$175K	0.1%	$19.68	0.0%	COM	130788102
DAR	DARLING INGREDIENTS INC	12,409	$174K	0.1%	$20.10	-18.2%	COM	237266101
VET	VERMILION ENERGY INC	4,100	$172K	0.1%	$43.94	0.0%	COM	923725105
RIG	TRANSOCEAN LTD	11,240	$165K	0.1%	$44.21	-63.3%	REG SHS	H8817H100
—	GRAN TIERRA ENERGY INC	59,672	$163K	0.1%	$5.41	—	COM	38500T101
—	MAGELLAN MIDSTREAM PTNS LP	2,054	$158K	0.1%	$76.92	—	COM UNIT RP LP	559080106
—	SYNERGY RESOURCES CORP	13,220	$157K	0.1%	$11.88	—	COM	87164P103
—	NOBLE CORP PLC	10,838	$155K	0.1%	$33.54	—	SHS USD	G65431101
—	BHP BILLITON PLC	3,461	$153K	0.1%	$44.21	—	SPONS ADR	05545E209
PAA	PLAINS ALL AMERN PIPELINE LP	3,090	$151K	0.1%	$48.87	—	UNIT LTD PARTN	726503105
—	ENERGY TRANSFER PTNRS LP	2,591	$144K	0.1%	$55.58	—	UNIT LTD PARTN	29273R109
—	ATWOOD OCEANICS	5,012	$141K	0.1%	$51.65	—	COM	050095108
—	PRECISION DRILLING CORP	21,793	$138K	0.1%	$14.16	—	COM 2010	74022D308
—	DELEK US HOLDINGS INC	3,432	$136K	0.1%	$39.63	—	COM	246647101
CDE	COEUR D MNG INC	27,514	$130K	0.1%	$8.84	-34.3%	COM NEW	192108504
—	TALISMAN ENERGY INC	16,943	$130K	0.1%	$7.80	—	COM	87425E103
—	SANDSTORM GOLD LTD	39,467	$129K	0.1%	$3.27	—	COM NEW	80013R206
—	SYNGENTA AG	1,881	$128K	0.1%	$68.05	—	SPONS ADR	87160A100
—	TIDEWATER INC	6,631	$127K	0.1%	$32.42	—	COM	886423102
—	NORTHERN TIER ENERGY LP	4,983	$126K	0.1%	$25.29	—	COM UN REPR PART	665826103
—	SESA STERLITE LTD	10,001	$124K	0.1%	$19.36	—	SPONS ADR	78413F103
—	ROSETTA RESOURCES INC	6,884	$117K	0.1%	$17.00	—	COM	777779307
TX	TERNIUM SA	6,486	$117K	0.1%	$18.04	—	SPONS ADR	880890108
—	RENTECH NITROGEN PARTNERS LP	7,631	$115K	0.1%	$15.07	—	COM UNIT	760113100
—	DIAMOND OFFSHORE DRILLING	4,113	$110K	0.1%	$26.74	—	COM	25271C102
—	CST BRANDS INC	2,472	$108K	0.1%	$43.69	—	COM	12646R105
AVD	AMERICAN VANGUARD CORP	10,126	$108K	0.1%	$17.01	-37.1%	COM	030371108
—	BELLATRIX EXPLORATION LTD	42,845	$104K	0.1%	$3.64	—	COM	078314101
—	CVR PARTNERS LP	7,942	$104K	0.1%	$13.09	—	COM	126633106
—	PENGROWTH ENERGY CORP	34,692	$104K	0.1%	$7.18	—	COM	70706P104
—	CARRIZO OIL & GAS INC	2,073	$103K	0.1%	$49.69	—	COM	144577103
—	WHITING PETE CORP NEW	3,065	$95,000	0.1%	$31.00	—	COM	966387102
—	MARKWEST ENERGY PARTNERS LP	1,427	$94,000	0.1%	$65.87	—	UNT LTD PARTN	570759100
—	TRIANGLE PETE CORP	18,535	$93,000	0.1%	$11.76	—	COM NEW	89600B201
—	CLOUD PEAK ENERGY INC	15,658	$91,000	0.1%	$9.20	—	COM	18911Q102
—	RIO ALTO MINING LTD NEW	35,500	$89,000	0.1%	$2.51	—	COM	76689T104
—	VANGUARD NAT RES KKC	6,127	$86,000	0.1%	$14.04	—	COM UNIT	92205F106
—	LAREDO PETROLEUM IN	6,375	$83,000	0.1%	$13.02	—	COM	516806106
TS	TENARIS SA	2,743	$77,000	0.0%	$28.07	—	SPONS ADR	88031M109
RYAM	RAYONIER ADVANCED MATERIALS INC	5,125	$76,000	0.0%	$18.22	0.0%	COM	75508B104
—	BUCKEYE PARTNERS LP	977	$74,000	0.0%	$75.74	—	UNIT LTD PARTN	118230101
—	ATLAS RESOURCE PARTNERS LP	9,237	$71,000	0.0%	$7.69	—	COM UNIT LTD PR	04941A101
WTI	W&T OFFSHORE INC	13,451	$69,000	0.0%	$16.05	-63.8%	COM	92922P106
—	CLIFFS NAT RES INC	14,399	$69,000	0.0%	$7.15	—	COM	18683K101
—	EXTERRAN HLDGS INC	1,922	$65,000	0.0%	$33.82	—	COM	30225X103
—	CALIFORNIA RES CORP	7,731	$59,000	0.0%	$7.63	—	COM	13057Q107
—	SEADRILL LTD	5,978	$56,000	0.0%	$9.37	—	SHS	G7945E105
—	AK STEEL HOLDING CORP	12,132	$54,000	0.0%	$5.93	—	COM	001547108
—	BREITBURN ENERGY PARTNERS LP	9,511	$52,000	0.0%	$5.47	—	COM UT LTD PTN	106776107
IAG	IAMGOLD CORP	27,673	$52,000	0.0%	$2.46	0.0%	COM	450913108
—	PEABODY ENERGY CORP	10,180	$50,000	0.0%	$16.31	—	COM	704549104
CTRA	CABOT OIL & GAS CORP	1,707	$50,000	0.0%	$20.55	0.0%	COM	127097103
—	QEP RES IN	2,347	$49,000	0.0%	$20.88	—	COM	74733V100
DNOW	NOW INC	2,195	$47,000	0.0%	$23.25	0.0%	COM	67011P100
—	WALTER ENERGY	68,768	$43,000	0.0%	$5.45	—	COM	93317Q105
—	ANADARKO PETROLEUM CORP	494	$41,000	0.0%	$83.00	—	COM	032511107
RRC	RANGE RES CORP	762	$40,000	0.0%	$49.61	0.0%	COM	75281A109
NEM	NEWMONT MINING CORP	1,856	$40,000	0.0%	$18.26	0.0%	COM	651639106
—	CHINA PETE & CHEM CORP	464	$37,000	0.0%	$79.74	—	SPONS ADR H SHS	16941R108
—	CIVEO CORP	14,255	$36,000	0.0%	$25.04	—	COM	178787107
EXK	ENDEAVOUR SILVER CORP	18,980	$36,000	0.0%	$4.46	-47.7%	COM	29258Y103
—	RSP PERMIAN INC	1,332	$34,000	0.0%	$25.53	—	COM	74978Q105
—	WPX ENERGY INC	2,984	$33,000	0.0%	$11.06	—	COM	98212B103
—	MCEWEN MNG INC	29,851	$30,000	0.0%	$2.88	—	COM	58039P107
—	AGRIUM INC	261	$27,000	0.0%	$84.04	—	COM	008916108
—	SIBANYE GOLD LTD	2,515	$21,000	0.0%	$8.35	—	SPONS ADR	825724206
—	DENBURY RES INC	2,866	$21,000	0.0%	$7.33	—	COM NEW	247916208
SID	COMPANHIA SIDERURGICA NACION	11,610	$20,000	0.0%	$2.83	—	SPONS ADR	20440W105
—	LINN ENERGY LLC	1,829	$20,000	0.0%	$10.93	—	UNIT LTD LIAB	536020100
—	BRISTOW GROUP INC	289	$16,000	0.0%	$55.36	—	COM	110394103
—	STONE ENERGY CORP	1,000	$15,000	0.0%	$15.00	—	COM	861642106
BTE	BAYTEX ENERGY CORP	945	$15,000	0.0%	$14.54	0.0%	COM	07317Q105
AR	ANTERO RES CORP	417	$15,000	0.0%	$37.53	0.0%	COM	03674X106
—	GULFPORT ENERGY CORP	335	$15,000	0.0%	$44.78	—	COM NEW	402635304
—	RICE ENERGY INC	604	$13,000	0.0%	$21.52	—	COM	762760106
—	SANCHEZ ENERGY CORP	640	$8,000	0.0%	$12.50	—	COM	79970Y105
—	CONCHO RES INC	72	$8,000	0.0%	$111.11	—	COM	20605P101
—	MAGNUM HUNTER RES CORP DEL	2,927	$8,000	0.0%	$2.73	—	COM	55973B102
—	BARRETT BILL CORP	793	$7,000	0.0%	$8.83	—	COM	06846N104
—	ULTRA PETROLEUM CORP	469	$7,000	0.0%	$14.93	—	COM	903914109
—	PDC ENERGY INC	138	$7,000	0.0%	$50.72	—	COM	69327R101
—	BONANZA CREEK ENERGY INC	186	$5,000	0.0%	$26.88	—	COM	097793103
—	CONSOL ENERGY INC	176	$5,000	0.0%	$28.41	—	COM	20854P109
PGN1EUR	PARAGON OFFSHORE PLC	3,058	$4,000	0.0%	$1.31	—	SHS	G6S01W108
—	SEVENTY SEVEN ENERGY INC	656	$3,000	0.0%	$4.57	—	COM	818097107
—	ALCOA INC	135	$2,000	0.0%	$14.81	—	COM	013817101
—	OASIS PETE INC NEW	56	$1,000	0.0%	$16.54	—	COM	674215108
—	PENN VA CORP	61	$0	0.0%	—	—	COM	707882106