| Quarter | Filling ID |
|---|---|
| Q4 25 | 0002002654-26-000001 |
| Q3 25 | 0002002654-25-000006 |
| Q2 25 | 0002002654-25-000004 |
| Q1 25 | 0002002654-25-000003 |
| Q4 24 | 0002002654-25-000001 |
| Q3 24 | 0002002654-24-000005 |
| Q2 24 | 0002002654-24-000004 |
| Q1 24 | 0002002654-24-000002 |
| Q4 23 | 0002002654-24-000001 |
| Q3 23 | 0002002654-23-000008 |
| Q2 23 | 0002002654-23-000007 |
| Q1 23 | 0002002654-23-000006 |
| Q4 22 | 0002002654-23-000005 |
| Q3 22 | 0002002654-23-000004 |
| Q2 22 | 0002002654-23-000003 |
| Q1 22 | 0002002654-23-000002 |
| Q4 21 | 0002002654-23-000001 |
| Name | Title | CUSIP | Ticker | Value | Shares | Share Price | Investment | % of Portfolio |
|---|---|---|---|---|---|---|---|---|
| EVERSOURCE ENERGY | COM | 30040W108 | ES | $258,816,318 | 3,843,997 | SOLE | ||
| WELLTOWER INC | COM | 95040Q104 | WELL | $207,275,327 | 1,116,725 | SOLE | ||
| XCEL ENERGY INC | COM | 98389B100 | XEL | $202,328,613 | 2,739,353 | SOLE | ||
| NISOURCE INC | COM | 65473P105 | NI | $161,615,376 | 3,870,100 | SOLE | ||
| KODIAK GAS SVCS INC | COM | 50012A108 | KGS | $159,756,082 | 4,271,553 | SOLE | ||
| ENTERGY CORP NEW | COM | 29364G103 | ETR | $153,616,164 | 1,661,973 | SOLE | ||
| TARGA RES CORP | COM | 87612G101 | TRGP | $144,266,639 | 781,933 | SOLE | ||
| TXNM ENERGY INC | NOTE 5.750% 6/0 | 69349HAF4 | $127,549,456 | 95,022,000 | SOLE | |||
| SEMPRA | COM | 816851109 | SRE | $124,427,097 | 1,409,300 | SOLE | ||
| PG&E CORP | COM | 69331C108 | PCG | $117,114,528 | 7,287,774 | SOLE | ||
| KINDER MORGAN INC DEL | COM | 49456B101 | KMI | $110,394,342 | 4,015,800 | SOLE | ||
| TXNM ENERGY INC | COM | 69349H107 | TXNM | $109,640,860 | 1,862,107 | SOLE | ||
| IDACORP INC | COM | 451107106 | IDA | $101,310,268 | 800,492 | SOLE | ||
| ADT INC DEL | COM | 00090Q103 | ADT | $99,787,535 | 12,365,246 | SOLE | ||
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 | KNTK | $98,611,170 | 2,735,400 | SOLE | ||
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | DUK | $75,357,708 | 642,929 | SOLE | ||
| AMEREN CORP | COM | 023608102 | AEE | $71,294,548 | 713,945 | SOLE | ||
| VIPER ENERGY INC | CL A | 64361Q101 | VNOM | $67,216,200 | 1,740,000 | SOLE | ||
| CARETRUST REIT INC | COM | 14174T107 | CTRE | $63,706,507 | 1,761,795 | SOLE | ||
| CHENIERE ENERGY INC | COM NEW | 16411R208 | LNG | $60,105,388 | 309,200 | SOLE | ||
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 | $59,155,840 | 2,227,253 | SOLE | |||
| CMS ENERGY CORP | COM | 125896100 | CMS | $51,923,025 | 742,500 | SOLE | ||
| RYAN SPECIALTY HOLDINGS INC | CL A | 78351F107 | RYAN | $51,630,000 | 1,000,000 | SOLE | ||
| AUTOZONE INC | COM | 053332102 | AZO | $47,481,000 | 14,000 | SOLE | ||
| SMITHFIELD FOODS INC | COM | 832248207 | SFD | $46,669,700 | 2,090,000 | SOLE | ||
| EATON CORP PLC | SHS | G29183103 | $43,317,360 | 136,000 | SOLE | |||
| TRANSDIGM GROUP INC | COM | 893641100 | TDG | $38,898,113 | 29,250 | SOLE | ||
| CENTERPOINT ENERGY INC | COM | 15189T107 | CNP | $38,535,534 | 1,005,100 | SOLE | ||
| NVENT ELECTRIC PLC | SHS | G6700G107 | $38,238,750 | 375,000 | SOLE | |||
| QUANTA SVCS INC | COM | 74762E102 | PWR | $36,824,735 | 87,250 | SOLE | ||
| UL SOLUTIONS INC | CLASS A COM SHS | 903731107 | ULS | $35,076,139 | 444,790 | SOLE | ||
| JAMES RIV GROUP HOLDINGS INC | COM SHS | 46990A102 | JRVR | $29,202,818 | 4,591,638 | SOLE | ||
| PARKER-HANNIFIN CORP | COM | 701094104 | PH | $26,368,800 | 30,000 | SOLE | ||
| STEWART INFORMATION SVCS COR | COM | 860372101 | STC | $24,900,636 | 354,407 | SOLE | ||
| ITT INC | COM | 45073V108 | ITT | $24,725,175 | 142,500 | SOLE | ||
| AIR PRODS & CHEMS INC | COM | 009158106 | APD | $24,702,000 | 100,000 | SOLE | ||
| WASTE MGMT INC DEL | COM | 94106L109 | WM | $24,168,100 | 110,000 | SOLE | ||
| YORK WTR CO | COM | 987184108 | YORW | $23,620,472 | 741,849 | SOLE | ||
| GRUPO AEROMEXICO SAB DE CV | SPONSORED ADS | 40054J109 | $23,286,384 | 1,060,400 | SOLE | |||
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | VRT | $22,000,958 | 135,800 | SOLE | ||
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | CARR | $20,475,500 | 387,500 | SOLE | ||
| AMRIZE LTD | SHS | H2927K103 | $19,793,280 | 366,000 | SOLE | |||
| SMARTSTOP SELF STORAG REIT I | COMMON STOCK | 83192D402 | SMA | $19,538,610 | 631,500 | SOLE | ||
| ALLIANCE LAUNDRY HLDGS INC | COM | 01862Q107 | $19,332,500 | 950,000 | SOLE | |||
| BLACK HILLS CORP | COM | 092113109 | BKH | $19,162,280 | 276,034 | SOLE | ||
| LOAR HOLDINGS INC | COM SHS | 53947R105 | LOAR | $18,700,000 | 275,000 | SOLE | ||
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 | PRMB | $18,437,143 | 1,127,654 | SOLE | ||
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 | $18,433,231 | 4,463,252 | SOLE | |||
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 | BLDR | $17,748,525 | 172,500 | SOLE | ||
| TITAN AMER SA | COMMON SHARES | B9151N105 | $16,312,382 | 989,829 | SOLE |