Partners Group Holding AG Activity Q4 2011-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
	Buy	NU Holdings Ltd/Cayman Islands	$60,558,815	+33.3%	8,352,940	+45.0%	5.67%	+50.2%
AMT	Buy	American Tower Corpreit	$52,795,850	-4.6%	321,045	+12.5%	4.94%	+7.5%
AWK	Sell	American Water Works Co Inc	$44,925,648	-16.5%	362,801	-3.8%	4.20%	-5.9%
KKR	Sell	KKR & Co Inc	$43,682,346	+3.5%	709,129	-5.9%	4.09%	+16.6%
RSG	Sell	Republic Services Inc	$40,798,760	-11.6%	286,287	-5.0%	3.82%	-0.4%
UNP	Sell	Union Pacific Corp	$39,510,125	-8.2%	194,029	-7.8%	3.70%	+3.4%
CNI	Sell	Canadian National Railway Co	$38,252,170	-11.3%	353,317	-0.7%	3.58%	0.0%
CMS	Sell	CMS Energy Corp	$38,120,818	-13.4%	717,771	-4.1%	3.57%	-2.4%
BX	Sell	Blackstone Inc	$37,879,776	+1.6%	353,554	-11.8%	3.55%	+14.5%
CCI	Sell	Crown Castle Increit	$31,507,391	-36.2%	342,360	-21.0%	2.95%	-28.1%
EQIX	Sell	Equinix Increit	$30,234,930	-17.8%	41,631	-11.3%	2.83%	-7.4%
ATO	Sell	Atmos Energy Corp	$30,140,051	-14.0%	284,528	-5.5%	2.82%	-3.1%
ARES	Sell	Ares Management Corp	$24,100,486	-1.9%	234,281	-8.1%	2.26%	+10.5%
	Sell	Apollo Global Management Inc	$23,325,213	+14.2%	259,862	-2.3%	2.18%	+28.6%
WM	Sell	Waste Management Inc	$20,593,120	-15.8%	135,090	-4.2%	1.93%	-5.1%
WMB	Sell	Williams Cos Inc/The	$19,014,299	-8.3%	564,390	-11.2%	1.78%	+3.3%
TRP	Sell	TC Energy Corp	$18,170,142	-15.1%	528,494	-0.1%	1.70%	-4.3%
SRE	Buy	Sempra	$18,081,762	-6.7%	265,791	+99.6%	1.69%	+5.2%
	Sell	Oaktree Specialty Lending Corp	$17,873,763	-8.3%	888,358	-11.5%	1.67%	+3.3%
SBAC	New	SBA Communications Corpreit	$17,818,133	–	89,015	–	1.67%	–
CSX	Sell	CSX Corp	$17,079,749	-15.6%	555,439	-6.4%	1.60%	-4.9%
ENB	Sell	Enbridge Inc	$16,965,407	-11.0%	511,636	-0.3%	1.59%	+0.3%
	Buy	Brookfield Corp	$16,940,147	-4.2%	541,738	+3.1%	1.59%	+7.9%
FTS	Sell	Fortis Inc/Canada	$14,259,550	-12.2%	375,519	-0.2%	1.34%	-1.0%
	Buy	Brookfield Asset Management Lt	$14,265,319	+6.9%	427,874	+4.6%	1.34%	+20.4%
ARCC	Buy	Ares Capital Corp	$11,298,480	+6.0%	580,302	+2.3%	1.06%	+19.5%
GBDC	Sell	Golub Capital BDC Inc	$9,052,916	-2.7%	617,104	-10.5%	0.85%	+9.6%
TSLX	Buy	Sixth Street Specialty Lending	$8,886,883	+11.9%	434,779	+2.3%	0.83%	+26.1%
ORCC	New	Blue Owl Capital Corp	$5,646,548	–	407,693	–	0.53%	–
PLD	Sell	Prologis Increit	$2,934,516	-46.0%	26,152	-40.9%	0.28%	-39.0%
ELS	Sell	Equity LifeStyle Properties Inreit	$1,777,382	-42.2%	27,898	-39.3%	0.17%	-34.9%
MAA	Sell	Mid-America Apartment Communitreit	$1,654,053	-47.6%	12,857	-38.1%	0.16%	-40.8%
ZIP	New	ZipRecruiter Inc	$779,026	–	64,973	–	0.07%	–
EPD	Sell	Enterprise Products Partners Lmlp	$557,198	-13.1%	20,358	-16.4%	0.05%	-1.9%
ET	Sell	Energy Transfer LPmlp	$465,403	-9.6%	33,172	-18.2%	0.04%	+2.3%
CXM	New	Sprinklr Inc.	$194,923	–	14,084	–	0.02%	–
	Exit	Robinhood Mkts Inc.	$0	–	-135,688	–	-0.11%	–
OWL	Exit	Blue Owl Capital Corporation	$0	–	-414,847	–	-0.46%	–
ZI	Exit	ZoomInfo Technologies Inc	$0	–	-315,471	–	-0.66%	–

Q2 2023

			Value		Shares		↓ Weighting
CLVT	New	Clarivate PLC	$243,806,552	–	25,583,059	–	20.25%	–
EDR	New	Endeavor Group Holdings Inc	$58,630,192	–	2,451,095	–	4.87%	–
AMT	New	American Tower Corpreit	$55,320,997	–	285,248	–	4.60%	–
AWK	New	American Water Works Co Inc	$53,815,894	–	376,994	–	4.47%	–
CCI	New	Crown Castle Increit	$49,373,734	–	433,331	–	4.10%	–
RSG	New	Republic Services Inc	$46,146,904	–	301,279	–	3.83%	–
	New	NU Holdings Ltd/Cayman Islands	$45,441,579	–	5,759,389	–	3.78%	–
CMS	New	CMS Energy Corp	$43,994,585	–	748,844	–	3.66%	–
CNI	New	Canadian National Railway Co	$43,108,680	–	355,643	–	3.58%	–
UNP	New	Union Pacific Corp	$43,047,546	–	210,378	–	3.58%	–
KKR	New	KKR & Co Inc	$42,204,008	–	753,643	–	3.51%	–
BX	New	Blackstone Inc	$37,277,437	–	400,962	–	3.10%	–
EQIX	New	Equinix Increit	$36,793,440	–	46,934	–	3.06%	–
ATO	New	Atmos Energy Corp	$35,042,073	–	301,204	–	2.91%	–
ADT	New	ADT Inc	$32,826,876	–	5,443,926	–	2.73%	–
ARES	New	Ares Management Corp	$24,575,898	–	255,069	–	2.04%	–
WM	New	Waste Management Inc	$24,465,400	–	141,076	–	2.03%	–
TRP	New	TC Energy Corp	$21,394,291	–	528,844	–	1.78%	–
WMB	New	Williams Cos Inc/The	$20,745,697	–	635,786	–	1.72%	–
	New	Apollo Global Management Inc	$20,421,475	–	265,870	–	1.70%	–
CSX	New	CSX Corp	$20,243,329	–	593,646	–	1.68%	–
	New	Oaktree Specialty Lending Corp	$19,496,723	–	1,003,434	–	1.62%	–
SRE	New	Sempra Energy	$19,382,397	–	133,130	–	1.61%	–
ENB	New	Enbridge Inc	$19,066,039	–	513,074	–	1.58%	–
	New	Brookfield Corp	$17,688,964	–	525,675	–	1.47%	–
FTS	New	Fortis Inc/Canada	$16,235,938	–	376,379	–	1.35%	–
CG	New	Carlyle Group Inc/The	$15,643,327	–	489,619	–	1.30%	–
GB	New	Global Blue Group Holding AG	$13,523,485	–	2,771,206	–	1.12%	–
	New	Brookfield Asset Management Lt	$13,348,966	–	409,101	–	1.11%	–
ARCC	New	Ares Capital Corp	$10,655,377	–	567,077	–	0.88%	–
GBDC	New	Golub Capital BDC Inc	$9,305,456	–	689,293	–	0.77%	–
ZI	New	ZoomInfo Technologies Inc	$8,009,809	–	315,471	–	0.66%	–
TSLX	New	Sixth Street Specialty Lending	$7,942,783	–	424,975	–	0.66%	–
	New	TPG Inc	$7,941,837	–	271,423	–	0.66%	–
OWL	New	Blue Owl Capital Corporation	$5,575,544	–	414,847	–	0.46%	–
	New	Life Time Group Holdings Inc	$5,463,874	–	277,777	–	0.45%	–
PLD	New	Prologis Increit	$5,430,915	–	44,287	–	0.45%	–
MAA	New	Mid-America Apartment Communitreit	$3,156,410	–	20,785	–	0.26%	–
ELS	New	Equity LifeStyle Properties Inreit	$3,074,331	–	45,961	–	0.26%	–
	New	Robinhood Mkts Inc.	$1,354,166	–	135,688	–	0.11%	–
	New	Bright Health Group Inc	$1,083,242	–	88,645	–	0.09%	–
EPD	New	Enterprise Products Partners Lmlp	$641,464	–	24,344	–	0.05%	–
ET	New	Energy Transfer LPmlp	$515,087	–	40,558	–	0.04%	–
KMI	New	Kinder Morgan Inc	$301,522	–	17,510	–	0.02%	–
OKE	New	ONEOK Inc	$209,971	–	3,402	–	0.02%	–

Q4 2022

			Value		Shares		↓ Weighting
GDRX	Exit	GoodRx Holdings Inc	$0	–	-14,503	–	-0.01%	–
ELAN	Exit	Elanco Animal Health Inc	$0	–	-14,021	–	-0.01%	–
MDRX	Exit	Allscripts Healthcare Solution	$0	–	-11,137	–	-0.01%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-20,531	–	-0.02%	–
TDOC	Exit	Teladoc Health Inc	$0	–	-8,443	–	-0.02%	–
TNDM	Exit	Tandem Diabetes Care Inc	$0	–	-4,647	–	-0.02%	–
ROKU	Exit	Roku Inc	$0	–	-4,093	–	-0.02%	–
AMWL	Exit	American Well Corp	$0	–	-68,242	–	-0.02%	–
FARO	Exit	FARO Technologies Inc	$0	–	-9,536	–	-0.02%	–
CHWY	Exit	Chewy Inc	$0	–	-9,230	–	-0.02%	–
HSKA	Exit	Heska Corp	$0	–	-3,904	–	-0.02%	–
WOOF	Exit	Petco Health & Wellness Co Inc	$0	–	-26,169	–	-0.02%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-6,461	–	-0.02%	–
OMCL	Exit	Omnicell Inc	$0	–	-3,682	–	-0.02%	–
CGNX	Exit	Cognex Corp	$0	–	-8,623	–	-0.02%	–
DXCM	Exit	Dexcom Inc	$0	–	-4,320	–	-0.02%	–
DDD	Exit	3D Systems Corp	$0	–	-43,771	–	-0.02%	–
FIS	Exit	Fidelity National Information	$0	–	-4,922	–	-0.03%	–
AXP	Exit	American Express Co	$0	–	-2,739	–	-0.03%	–
GPN	Exit	Global Payments Inc	$0	–	-3,594	–	-0.03%	–
MA	Exit	Mastercard Inc	$0	–	-1,419	–	-0.03%	–
IQV	Exit	IQVIA Holdings Inc	$0	–	-2,225	–	-0.03%	–
PYPL	Exit	PayPal Holdings Inc	$0	–	-4,526	–	-0.03%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-1,555	–	-0.03%	–
TER	Exit	Teradyne Inc	$0	–	-5,675	–	-0.03%	–
STNE	Exit	StoneCo Ltd	$0	–	-44,300	–	-0.03%	–
TWTR	Exit	Twitter Inc	$0	–	-9,548	–	-0.03%	–
NFLX	Exit	Netflix Inc	$0	–	-1,808	–	-0.03%	–
V	Exit	Visa Inc	$0	–	-2,377	–	-0.03%	–
IRBT	Exit	iRobot Corp	$0	–	-8,267	–	-0.03%	–
ZTS	Exit	Zoetis Inc	$0	–	-3,122	–	-0.03%	–
FISV	Exit	Fiserv Inc	$0	–	-5,071	–	-0.03%	–
SCWX	Exit	SecureWorks Corp	$0	–	-61,773	–	-0.04%	–
ROK	Exit	Rockwell Automation Inc	$0	–	-2,343	–	-0.04%	–
KAI	Exit	Kadant Inc	$0	–	-3,178	–	-0.04%	–
NOVT	Exit	Novanta Inc	$0	–	-4,828	–	-0.04%	–
AQN	Exit	Algonquin Power & Utilities Co	$0	–	-52,850	–	-0.04%	–
FTNT	Exit	Fortinet Inc	$0	–	-11,960	–	-0.04%	–
CHNG	Exit	Change Healthcare Inc	$0	–	-22,208	–	-0.04%	–
CRWD	Exit	Crowdstrike Holdings Inc	$0	–	-3,718	–	-0.04%	–
CHKP	Exit	Check Point Software Technolog	$0	–	-5,700	–	-0.04%	–
PANW	Exit	Palo Alto Networks Inc	$0	–	-3,951	–	-0.05%	–
DT	Exit	Dynatrace Inc	$0	–	-19,454	–	-0.05%	–
FB	Exit	Meta Platforms Inc	$0	–	-5,074	–	-0.05%	–
CYBR	Exit	CyberArk Software Ltd	$0	–	-4,700	–	-0.05%	–
ETSY	Exit	Etsy Inc	$0	–	-7,498	–	-0.05%	–
IDXX	Exit	IDEXX Laboratories Inc	$0	–	-2,322	–	-0.05%	–
PING	Exit	Ping Identity Holding Corp	$0	–	-28,179	–	-0.06%	–
TRUP	Exit	Trupanion Inc	$0	–	-13,502	–	-0.06%	–
ONEM	Exit	1Life Healthcare Inc	$0	–	-53,861	–	-0.06%	–
ABNB	Exit	Airbnb Inc	$0	–	-8,727	–	-0.06%	–
GOOG	Exit	Alphabet Inc	$0	–	-10,715	–	-0.07%	–
ET	Exit	Energy Transfer LPmlp	$0	–	-94,275	–	-0.07%	–
BKNG	Exit	Booking Holdings Inc	$0	–	-664	–	-0.08%	–
AMZN	Exit	Amazon.com Inc	$0	–	-10,301	–	-0.08%	–
	Exit	HashiCorp Inc	$0	–	-38,118	–	-0.09%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-51,879	–	-0.09%	–
	Exit	Life Time Group Holdings Inc	$0	–	-277,777	–	-0.19%	–
XPEV	Exit	Xpeng Incads	$0	–	-226,140	–	-0.19%	–
ELS	Exit	Equity LifeStyle Properties Inreit	$0	–	-58,337	–	-0.26%	–
	Exit	Annaly Capital Management Increit	$0	–	-220,583	–	-0.27%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-37,338	–	-0.41%	–
PLD	Exit	Prologis Increit	$0	–	-58,190	–	-0.42%	–
BHG	Exit	Bright Health Group Inc	$0	–	-7,091,646	–	-0.53%	–
GBDC	Exit	Golub Capital BDC Inc	$0	–	-627,121	–	-0.55%	–
ORCC	Exit	Owl Rock Capital Corp	$0	–	-847,283	–	-0.62%	–
ZI	Exit	ZoomInfo Technologies Inc	$0	–	-240,504	–	-0.71%	–
	Exit	TPG Inc	$0	–	-406,615	–	-0.80%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-397,166	–	-0.80%	–
CSX	Exit	CSX Corp	$0	–	-473,220	–	-0.89%	–
GB	Exit	Global Blue Group Holding AG	$0	–	-2,771,206	–	-0.91%	–
SRE	Exit	Sempra Energy	$0	–	-87,514	–	-0.93%	–
CG	Exit	Carlyle Group Inc/The	$0	–	-508,072	–	-0.93%	–
	Exit	Brookfield Business Corp	$0	–	-602,885	–	-0.95%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-2,661,874	–	-1.13%	–
BAM	Exit	Brookfield Asset Management In	$0	–	-444,144	–	-1.28%	–
ARCC	Exit	Ares Capital Corp	$0	–	-1,147,860	–	-1.37%	–
	Exit	Apollo Global Management Inc	$0	–	-449,802	–	-1.48%	–
ARES	Exit	Ares Management Corp	$0	–	-411,778	–	-1.80%	–
	Exit	NU Holdings Ltd/Cayman Islands	$0	–	-5,804,628	–	-1.80%	–
FTS	Exit	Fortis Inc/Canada	$0	–	-669,045	–	-1.81%	–
ENB	Exit	Enbridge Inc	$0	–	-685,592	–	-1.81%	–
TRP	Exit	TC Energy Corp	$0	–	-656,268	–	-1.89%	–
WM	Exit	Waste Management Inc	$0	–	-202,124	–	-2.29%	–
KKR	Exit	KKR & Co Inc	$0	–	-860,260	–	-2.61%	–
BX	Exit	Blackstone Inc	$0	–	-458,227	–	-2.71%	–
EQIX	Exit	Equinix Increit	$0	–	-68,216	–	-2.74%	–
CMS	Exit	CMS Energy Corp	$0	–	-783,221	–	-3.22%	–
EDR	Exit	Endeavor Group Holdings Inc	$0	–	-2,451,095	–	-3.50%	–
ADT	Exit	ADT Inc	$0	–	-6,652,530	–	-3.52%	–
UNP	Exit	Union Pacific Corp	$0	–	-260,759	–	-3.59%	–
ATO	Exit	Atmos Energy Corp	$0	–	-528,980	–	-3.80%	–
CCI	Exit	Crown Castle Increit	$0	–	-402,477	–	-4.11%	–
RSG	Exit	Republic Services Inc	$0	–	-430,747	–	-4.14%	–
CNI	Exit	Canadian National Railway Co	$0	–	-542,563	–	-4.18%	–
AMT	Exit	American Tower Corpreit	$0	–	-298,120	–	-4.52%	–
AWK	Exit	American Water Works Co Inc	$0	–	-499,000	–	-4.58%	–
MPLN	Exit	Multiplan Corp	$0	–	-27,239,966	–	-5.50%	–
CLVT	Exit	Clarivate PLC	$0	–	-27,403,284	–	-18.16%	–

Q3 2022

			Value		Shares		↓ Weighting
MPLN	Sell	Multiplan Corp	$77,906,000	-53.2%	27,239,966	-10.1%	5.50%	-43.8%
AWK	Sell	American Water Works Co Inc	$64,950,000	-14.3%	499,000	-2.0%	4.58%	+2.8%
AMT	Sell	American Tower Corpreit	$64,006,000	-20.6%	298,120	-5.5%	4.52%	-4.7%
CNI	Sell	Canadian National Railway Co	$59,245,000	-6.2%	542,563	-3.6%	4.18%	+12.4%
RSG	Sell	Republic Services Inc	$58,599,000	-3.9%	430,747	-7.6%	4.14%	+15.2%
CCI	Sell	Crown Castle Increit	$58,178,000	-16.5%	402,477	-2.8%	4.11%	+0.1%
ATO	Sell	Atmos Energy Corp	$53,877,000	-16.2%	528,980	-7.7%	3.80%	+0.6%
UNP	Sell	Union Pacific Corp	$50,801,000	-8.7%	260,759	-0.0%	3.59%	+9.5%
CMS	Sell	CMS Energy Corp	$45,615,000	-14.6%	783,221	-1.0%	3.22%	+2.5%
EQIX	Sell	Equinix Increit	$38,804,000	-13.5%	68,216	-0.1%	2.74%	+3.7%
BX	Buy	Blackstone Inc	$38,354,000	-0.5%	458,227	+8.4%	2.71%	+19.3%
KKR	Buy	KKR & Co Inc	$36,991,000	-6.5%	860,260	+0.7%	2.61%	+12.2%
WM	Sell	Waste Management Inc	$32,382,000	+4.5%	202,124	-0.2%	2.29%	+25.3%
TRP	Buy	TC Energy Corp	$26,728,000	+2.2%	656,268	+29.8%	1.89%	+22.5%
FTS	Sell	Fortis Inc/Canada	$25,701,000	-18.7%	669,045	-0.0%	1.81%	-2.5%
ENB	Buy	Enbridge Inc	$25,704,000	-10.5%	685,592	+0.7%	1.81%	+7.3%
	New	NU Holdings Ltd/Cayman Islands	$25,540,000	–	5,804,628	–	1.80%	–
ARES	Sell	Ares Management Corp	$25,510,000	+1.7%	411,778	-6.7%	1.80%	+22.0%
	Sell	Apollo Global Management Inc	$20,916,000	-10.3%	449,802	-6.5%	1.48%	+7.6%
ARCC	Sell	Ares Capital Corp	$19,376,000	-8.1%	1,147,860	-2.4%	1.37%	+10.3%
BAM	Buy	Brookfield Asset Management In	$18,161,000	+18.9%	444,144	+29.3%	1.28%	+42.6%
OCSL	Sell	Oaktree Specialty Lending Corp	$15,971,000	-12.1%	2,661,874	-4.1%	1.13%	+5.4%
SRE	Sell	Sempra Energy	$13,122,000	-0.6%	87,514	-0.3%	0.93%	+19.2%
CSX	Sell	CSX Corp	$12,607,000	-8.5%	473,220	-0.2%	0.89%	+9.7%
	Buy	TPG Inc	$11,320,000	+167.9%	406,615	+130.1%	0.80%	+220.9%
ZI	New	ZoomInfo Technologies Inc	$10,019,000	–	240,504	–	0.71%	–
GBDC	Sell	Golub Capital BDC Inc	$7,770,000	-6.3%	627,121	-2.0%	0.55%	+12.3%
	New	Annaly Capital Management Increit	$3,785,000	–	220,583	–	0.27%	–
XPEV	New	Xpeng Incads	$2,702,000	–	226,140	–	0.19%	–
	New	HashiCorp Inc	$1,227,000	–	38,118	–	0.09%	–
EPD	Sell	Enterprise Products Partners Lmlp	$1,234,000	-6.9%	51,879	-4.7%	0.09%	+11.5%
AMZN	Buy	Amazon.com Inc	$1,164,000	+138.0%	10,301	+123.9%	0.08%	+182.8%
BKNG	Buy	Booking Holdings Inc	$1,091,000	+107.8%	664	+121.3%	0.08%	+148.4%
GOOG	Buy	Alphabet Inc	$1,030,000	-91.4%	10,715	+95.5%	0.07%	-89.6%
ET	Sell	Energy Transfer LPmlp	$1,040,000	-3.2%	94,275	-12.4%	0.07%	+15.9%
ABNB	Buy	Airbnb Inc	$917,000	+156.9%	8,727	+118.0%	0.06%	+209.5%
TRUP	Buy	Trupanion Inc	$802,000	+83.1%	13,502	+85.8%	0.06%	+119.2%
ETSY	New	Etsy Inc	$751,000	–	7,498	–	0.05%	–
IDXX	Buy	IDEXX Laboratories Inc	$757,000	+84.6%	2,322	+98.8%	0.05%	+120.8%
FB	Buy	Meta Platforms Inc	$688,000	+27.9%	5,074	+52.2%	0.05%	+53.1%
PANW	Buy	Palo Alto Networks Inc	$647,000	-0.6%	3,951	+200.0%	0.05%	+21.1%
STNE	New	StoneCo Ltd	$422,000	–	44,300	–	0.03%	–
MMP	Sell	Magellan Midstream Partners LPmlp	$307,000	-13.0%	6,461	-12.7%	0.02%	+4.8%
HSKA	Sell	Heska Corp	$285,000	-29.3%	3,904	-8.4%	0.02%	-16.7%
CHWY	Sell	Chewy Inc	$284,000	-43.4%	9,230	-36.1%	0.02%	-33.3%
PAA	Sell	Plains All American Pipeline Lmlp	$216,000	-12.6%	20,531	-18.3%	0.02%	0.0%
ELAN	Sell	Elanco Animal Health Inc	$174,000	-47.0%	14,021	-16.0%	0.01%	-36.8%
MRSN	Exit	Mersana Therapeutics, Inc.	$0	–	-37,473	–	-0.01%	–
SNAP	Exit	Snap Inc	$0	–	-13,967	–	-0.01%	–
	Exit	Nuvei Corp	$0	–	-6,979	–	-0.02%	–
FRPT	Exit	Freshpet Inc	$0	–	-5,436	–	-0.02%	–
TRIP	Exit	TripAdvisor Inc	$0	–	-16,849	–	-0.02%	–
EBAY	Exit	eBay Inc	$0	–	-8,351	–	-0.02%	–
TRHC	Exit	StoneCo Ltd	$0	–	-44,300	–	-0.02%	–
EXPE	Exit	Expedia Group Inc	$0	–	-3,750	–	-0.02%	–
PDCO	Exit	Patterson Cos Inc	$0	–	-12,518	–	-0.02%	–
TSCO	Exit	Tractor Supply Co	$0	–	-1,975	–	-0.02%	–
CENT	Exit	Central Garden & Pet Co	$0	–	-10,148	–	-0.02%	–
MMYT	Exit	MakeMyTrip Ltd	$0	–	-16,500	–	-0.02%	–
SPOT	Exit	Spotify Technology SA	$0	–	-5,233	–	-0.03%	–
CVET	Exit	Covetrus Inc	$0	–	-24,718	–	-0.03%	–
TME	Exit	Tencent Music Entertainment Gradr	$0	–	-161,400	–	-0.05%	–
NGM	Exit	NGM Biopharmaceuticals, Inc.	$0	–	-177,255	–	-0.13%	–
DDOG	Exit	Datadog Inc.	$0	–	-52,390	–	-0.29%	–
NLY	Exit	Annaly Capital Management Increit	$0	–	-882,335	–	-0.31%	–

Q2 2022

			Value		Shares		↓ Weighting
CLVT	New	Clarivate PLC	$379,810,000	–	27,403,284	–	22.35%	–
MPLN	New	Multiplan Corp	$166,401,000	–	30,309,824	–	9.79%	–
AMT	New	American Tower Corpreit	$80,601,000	–	315,354	–	4.74%	–
AWK	New	American Water Works Co Inc	$75,748,000	–	509,165	–	4.46%	–
CCI	New	Crown Castle International Correit	$69,687,000	–	413,866	–	4.10%	–
ATO	New	Atmos Energy Corp	$64,276,000	–	573,380	–	3.78%	–
CNI	New	Canadian National Railway Co	$63,194,000	–	562,571	–	3.72%	–
RSG	New	Republic Services Inc	$60,995,000	–	466,075	–	3.59%	–
UNP	New	Union Pacific Corp	$55,630,000	–	260,829	–	3.27%	–
CMS	New	CMS Energy Corp	$53,399,000	–	791,097	–	3.14%	–
EDR	New	Endeavor Group Holdings Inc	$50,395,000	–	2,451,095	–	2.97%	–
EQIX	New	Equinix Increit	$44,882,000	–	68,312	–	2.64%	–
ADT	New	ADT Inc	$40,913,000	–	6,652,530	–	2.41%	–
KKR	New	KKR & Co Inc	$39,543,000	–	854,243	–	2.33%	–
BX	New	Blackstone Inc	$38,558,000	–	422,647	–	2.27%	–
FTS	New	Fortis Inc/Canada	$31,612,000	–	669,357	–	1.86%	–
WM	New	Waste Management Inc	$30,993,000	–	202,593	–	1.82%	–
ENB	New	Enbridge Inc	$28,720,000	–	680,729	–	1.69%	–
TRP	New	TC Energy Corp	$26,164,000	–	505,554	–	1.54%	–
ARES	New	Ares Management Corp	$25,086,000	–	441,194	–	1.48%	–
	New	Apollo Global Management Inc	$23,317,000	–	480,963	–	1.37%	–
ARCC	New	Ares Capital Corp	$21,080,000	–	1,175,685	–	1.24%	–
OCSL	New	Oaktree Specialty Lending Corp	$18,173,000	–	2,774,503	–	1.07%	–
CG	New	Carlyle Group Inc/The	$16,086,000	–	508,072	–	0.95%	–
BAM	New	Brookfield Asset Management In	$15,277,000	–	343,527	–	0.90%	–
CSX	New	CSX Corp	$13,785,000	–	474,370	–	0.81%	–
	New	Brookfield Business Corp	$13,776,000	–	602,885	–	0.81%	–
GB	New	Global Blue Group Holding AG	$13,634,000	–	2,771,206	–	0.80%	–
SRE	New	Sempra Energy	$13,196,000	–	87,812	–	0.78%	–
BHG	New	Bright Health Group Inc	$12,907,000	–	7,091,646	–	0.76%	–
WMB	New	Williams Cos Inc/The	$12,396,000	–	397,166	–	0.73%	–
GOOG	New	Alphabet Inc	$11,987,000	–	5,480	–	0.70%	–
ORCC	New	Owl Rock Capital Corp	$10,447,000	–	847,283	–	0.62%	–
GBDC	New	Golub Capital BDC Inc	$8,290,000	–	639,650	–	0.49%	–
PLD	New	Prologis Increit	$6,846,000	–	58,190	–	0.40%	–
MAA	New	Mid-America Apartment Communitreit	$6,522,000	–	37,338	–	0.38%	–
NLY	New	Annaly Capital Management Increit	$5,215,000	–	882,335	–	0.31%	–
DDOG	New	Datadog Inc.	$4,990,000	–	52,390	–	0.29%	–
	New	TPG Inc	$4,225,000	–	176,714	–	0.25%	–
ELS	New	Equity LifeStyle Properties Inreit	$4,111,000	–	58,337	–	0.24%	–
	New	Life Time Group Holdings Inc	$3,578,000	–	277,777	–	0.21%	–
NGM	New	NGM Biopharmaceuticals, Inc.	$2,272,000	–	177,255	–	0.13%	–
EPD	New	Enterprise Products Partners Lmlp	$1,326,000	–	54,421	–	0.08%	–
ET	New	Energy Transfer LPmlp	$1,074,000	–	107,581	–	0.06%	–
TME	New	Tencent Music Entertainment Gradr	$810,000	–	161,400	–	0.05%	–
DT	New	Dynatrace Inc	$767,000	–	19,454	–	0.04%	–
AQN	New	Algonquin Power & Utilities Co	$710,000	–	52,850	–	0.04%	–
CHKP	New	Check Point Software Technolog	$694,000	–	5,700	–	0.04%	–
FTNT	New	Fortinet Inc	$677,000	–	11,960	–	0.04%	–
SCWX	New	SecureWorks Corp	$671,000	–	61,773	–	0.04%	–
PANW	New	Palo Alto Networks Inc	$651,000	–	1,317	–	0.04%	–
CRWD	New	Crowdstrike Holdings Inc	$627,000	–	3,718	–	0.04%	–
CYBR	New	CyberArk Software Ltd	$601,000	–	4,700	–	0.04%	–
NOVT	New	Novanta Inc	$585,000	–	4,828	–	0.03%	–
KAI	New	Kadant Inc	$580,000	–	3,178	–	0.03%	–
FB	New	Meta Platforms Inc	$538,000	–	3,334	–	0.03%	–
ZTS	New	Zoetis Inc	$537,000	–	3,122	–	0.03%	–
BKNG	New	Booking Holdings Inc	$525,000	–	300	–	0.03%	–
TER	New	Teradyne Inc	$508,000	–	5,675	–	0.03%	–
PING	New	Ping Identity Holding Corp	$511,000	–	28,179	–	0.03%	–
CVET	New	Covetrus Inc	$513,000	–	24,718	–	0.03%	–
CHWY	New	Chewy Inc	$502,000	–	14,453	–	0.03%	–
CHNG	New	Change Healthcare Inc	$512,000	–	22,208	–	0.03%	–
SPOT	New	Spotify Technology SA	$491,000	–	5,233	–	0.03%	–
AMZN	New	Amazon.com Inc	$489,000	–	4,600	–	0.03%	–
V	New	Visa Inc	$468,000	–	2,377	–	0.03%	–
IQV	New	IQVIA Holdings Inc	$483,000	–	2,225	–	0.03%	–
ROK	New	Rockwell Automation Inc	$467,000	–	2,343	–	0.03%	–
FISV	New	Fiserv Inc	$451,000	–	5,071	–	0.03%	–
FIS	New	Fidelity National Information	$451,000	–	4,922	–	0.03%	–
ZBRA	New	Zebra Technologies Corp	$457,000	–	1,555	–	0.03%	–
TRUP	New	Trupanion Inc	$438,000	–	7,265	–	0.03%	–
MA	New	Mastercard Inc	$448,000	–	1,419	–	0.03%	–
ONEM	New	1Life Healthcare Inc	$422,000	–	53,861	–	0.02%	–
OMCL	New	Omnicell Inc	$419,000	–	3,682	–	0.02%	–
DDD	New	3D Systems Corp	$425,000	–	43,771	–	0.02%	–
CENT	New	Central Garden & Pet Co	$430,000	–	10,148	–	0.02%	–
MMYT	New	MakeMyTrip Ltd	$424,000	–	16,500	–	0.02%	–
IDXX	New	IDEXX Laboratories Inc	$410,000	–	1,168	–	0.02%	–
HSKA	New	Heska Corp	$403,000	–	4,264	–	0.02%	–
WOOF	New	Petco Health & Wellness Co Inc	$386,000	–	26,169	–	0.02%	–
TSCO	New	Tractor Supply Co	$383,000	–	1,975	–	0.02%	–
GPN	New	Global Payments Inc	$398,000	–	3,594	–	0.02%	–
AXP	New	American Express Co	$380,000	–	2,739	–	0.02%	–
CGNX	New	Cognex Corp	$367,000	–	8,623	–	0.02%	–
PDCO	New	Patterson Cos Inc	$379,000	–	12,518	–	0.02%	–
EXPE	New	Expedia Group Inc	$356,000	–	3,750	–	0.02%	–
ABNB	New	Airbnb Inc	$357,000	–	4,003	–	0.02%	–
TWTR	New	Twitter Inc	$357,000	–	9,548	–	0.02%	–
MMP	New	Magellan Midstream Partners LPmlp	$353,000	–	7,398	–	0.02%	–
TRHC	New	StoneCo Ltd	$341,000	–	44,300	–	0.02%	–
ROKU	New	Roku Inc	$336,000	–	4,093	–	0.02%	–
EBAY	New	eBay Inc	$348,000	–	8,351	–	0.02%	–
ELAN	New	Elanco Animal Health Inc	$328,000	–	16,696	–	0.02%	–
NFLX	New	Netflix Inc	$316,000	–	1,808	–	0.02%	–
DXCM	New	Dexcom Inc	$322,000	–	4,320	–	0.02%	–
PYPL	New	PayPal Holdings Inc	$316,000	–	4,526	–	0.02%	–
IRBT	New	iRobot Corp	$304,000	–	8,267	–	0.02%	–
TRIP	New	TripAdvisor Inc	$300,000	–	16,849	–	0.02%	–
FARO	New	FARO Technologies Inc	$294,000	–	9,536	–	0.02%	–
FRPT	New	Freshpet Inc	$282,000	–	5,436	–	0.02%	–
AMWL	New	American Well Corp	$295,000	–	68,242	–	0.02%	–
TDOC	New	Teladoc Health Inc	$280,000	–	8,443	–	0.02%	–
TNDM	New	Tandem Diabetes Care Inc	$275,000	–	4,647	–	0.02%	–
	New	Nuvei Corp	$252,000	–	6,979	–	0.02%	–
PAA	New	Plains All American Pipeline Lmlp	$247,000	–	25,124	–	0.02%	–
SNAP	New	Snap Inc	$183,000	–	13,967	–	0.01%	–
MDRX	New	Allscripts Healthcare Solution	$165,000	–	11,137	–	0.01%	–
MRSN	New	Mersana Therapeutics, Inc.	$173,000	–	37,473	–	0.01%	–
GDRX	New	GoodRx Holdings Inc	$86,000	–	14,503	–	0.01%	–

Q4 2021

			Value		Shares		↓ Weighting
SBS	Exit	Cia de Saneamento Basico do Esadr	$0	–	-16,700	–	-0.01%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-25,124	–	-0.02%	–
OKE	Exit	ONEOK Inc	$0	–	-5,341	–	-0.02%	–
DM	Exit	Desktop Metal Inc	$0	–	-53,289	–	-0.03%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-8,892	–	-0.03%	–
TER	Exit	Teradyne Inc	$0	–	-3,862	–	-0.03%	–
CGNX	Exit	Cognex Corp	$0	–	-5,220	–	-0.03%	–
ZBRA	Exit	Zebra Technologies Corp	$0	–	-824	–	-0.03%	–
KAI	Exit	Kadant Inc	$0	–	-2,112	–	-0.03%	–
NOVT	Exit	Novanta Inc	$0	–	-2,749	–	-0.03%	–
BRKS	Exit	Brooks Automation Inc	$0	–	-4,238	–	-0.03%	–
IDXX	Exit	IDEXX Laboratories Inc	$0	–	-697	–	-0.03%	–
DDD	Exit	3D Systems Corp	$0	–	-15,808	–	-0.03%	–
TRUP	Exit	Trupanion Inc	$0	–	-5,577	–	-0.03%	–
ROK	Exit	Rockwell Automation Inc	$0	–	-1,523	–	-0.03%	–
CVET	Exit	Covetrus Inc	$0	–	-24,718	–	-0.03%	–
IRBT	Exit	iRobot Corp	$0	–	-5,659	–	-0.03%	–
FARO	Exit	FARO Technologies Inc	$0	–	-6,816	–	-0.03%	–
OMCL	Exit	Omnicell Inc	$0	–	-2,987	–	-0.03%	–
ZTS	Exit	Zoetis Inc	$0	–	-2,313	–	-0.03%	–
CHWY	Exit	Chewy Inc	$0	–	-6,782	–	-0.03%	–
WOOF	Exit	Petco Health & Wellness Co Inc	$0	–	-21,449	–	-0.03%	–
TSCO	Exit	Tractor Supply Co	$0	–	-2,248	–	-0.03%	–
NUAN	Exit	Nuance Communications Inc	$0	–	-8,345	–	-0.03%	–
ELAN	Exit	Elanco Animal Health Inc	$0	–	-14,514	–	-0.03%	–
FRPT	Exit	Freshpet Inc	$0	–	-3,173	–	-0.03%	–
PDCO	Exit	Patterson Cos Inc	$0	–	-15,564	–	-0.03%	–
SNAP	Exit	Snap Inc	$0	–	-6,469	–	-0.03%	–
PETQ	Exit	PetIQ Inc	$0	–	-19,190	–	-0.03%	–
SJM	Exit	J M Smucker Co/The	$0	–	-3,976	–	-0.03%	–
HSKA	Exit	Heska Corp	$0	–	-1,837	–	-0.03%	–
RVLV	Exit	Revolve Group Inc	$0	–	-7,809	–	-0.03%	–
TWTR	Exit	Twitter Inc	$0	–	-7,998	–	-0.03%	–
CENT	Exit	Central Garden & Pet Co	$0	–	-10,148	–	-0.03%	–
NEOG	Exit	Neogen Corp	$0	–	-11,115	–	-0.03%	–
PING	Exit	Ping Identity Holding Corp	$0	–	-20,431	–	-0.04%	–
TRIP	Exit	TripAdvisor Inc	$0	–	-14,681	–	-0.04%	–
GOOG	Exit	Alphabet Inc	$0	–	-188	–	-0.04%	–
EXPE	Exit	Expedia Group Inc	$0	–	-3,126	–	-0.04%	–
FB	Exit	Facebook Inc	$0	–	-1,523	–	-0.04%	–
EBAY	Exit	eBay Inc	$0	–	-7,365	–	-0.04%	–
WMG	Exit	Warner Music Group Corp	$0	–	-12,160	–	-0.04%	–
AMZN	Exit	Amazon.com Inc	$0	–	-157	–	-0.04%	–
CYBR	Exit	CyberArk Software Ltd	$0	–	-3,300	–	-0.04%	–
CRWD	Exit	Crowdstrike Holdings Inc	$0	–	-2,103	–	-0.04%	–
FTNT	Exit	Fortinet Inc	$0	–	-1,765	–	-0.04%	–
ABNB	Exit	Airbnb Inc	$0	–	-3,057	–	-0.04%	–
ROKU	Exit	Roku Inc	$0	–	-1,670	–	-0.04%	–
BKNG	Exit	Booking Holdings Inc	$0	–	-216	–	-0.04%	–
REAL	Exit	RealReal Inc/The	$0	–	-39,558	–	-0.04%	–
SCWX	Exit	SecureWorks Corp	$0	–	-26,061	–	-0.04%	–
EFX	Exit	Equifax Inc	$0	–	-2,073	–	-0.04%	–
PANW	Exit	Palo Alto Networks Inc	$0	–	-1,122	–	-0.04%	–
ALLT	Exit	Allot Ltd	$0	–	-35,700	–	-0.04%	–
DT	Exit	Dynatrace Inc	$0	–	-7,441	–	-0.04%	–
DSP	Exit	Viant Technology Inc	$0	–	-43,390	–	-0.04%	–
MIME	Exit	Mimecast Ltd	$0	–	-8,264	–	-0.04%	–
CHKP	Exit	Check Point Software Technolog	$0	–	-4,700	–	-0.04%	–
TME	Exit	Tencent Music Entertainment Gradr	$0	–	-75,900	–	-0.04%	–
MMYT	Exit	MakeMyTrip Ltd	$0	–	-20,400	–	-0.04%	–
NFLX	Exit	Netflix Inc	$0	–	-908	–	-0.04%	–
OSH	Exit	Oak Street Health Inc	$0	–	-13,637	–	-0.04%	–
GDRX	Exit	GoodRx Holdings Inc	$0	–	-14,503	–	-0.04%	–
HIMS	Exit	Hims & Hers Health Inc	$0	–	-79,012	–	-0.04%	–
IQV	Exit	IQVIA Holdings Inc	$0	–	-2,446	–	-0.04%	–
PHR	Exit	Phreesia Inc	$0	–	-9,793	–	-0.04%	–
SDGR	Exit	Schrodinger Inc/United States	$0	–	-11,044	–	-0.04%	–
AMWL	Exit	American Well Corp	$0	–	-65,641	–	-0.04%	–
ONEM	Exit	1Life Healthcare Inc	$0	–	-29,837	–	-0.04%	–
TDOC	Exit	Teladoc Health Inc	$0	–	-4,744	–	-0.04%	–
NVTA	Exit	Invitae Corp	$0	–	-21,291	–	-0.04%	–
TNDM	Exit	Tandem Diabetes Care Inc	$0	–	-5,171	–	-0.04%	–
CERN	Exit	Cerner Corp	$0	–	-8,770	–	-0.04%	–
DXCM	Exit	Dexcom Inc	$0	–	-1,141	–	-0.04%	–
SQ	Exit	Square Inc	$0	–	-2,633	–	-0.04%	–
CHNG	Exit	Change Healthcare Inc	$0	–	-29,949	–	-0.04%	–
HQY	Exit	HealthEquity Inc	$0	–	-9,682	–	-0.04%	–
MDRX	Exit	Allscripts Healthcare Solution	$0	–	-46,715	–	-0.04%	–
ACCD	Exit	Accolade Inc	$0	–	-14,863	–	-0.04%	–
PYPL	Exit	PayPal Holdings Inc	$0	–	-2,485	–	-0.04%	–
V	Exit	Visa Inc	$0	–	-2,985	–	-0.05%	–
AXP	Exit	American Express Co	$0	–	-3,934	–	-0.05%	–
GPN	Exit	Global Payments Inc	$0	–	-4,276	–	-0.05%	–
MA	Exit	Mastercard Inc	$0	–	-1,930	–	-0.05%	–
FIS	Exit	Fidelity National Information	$0	–	-5,664	–	-0.05%	–
FISV	Exit	Fiserv Inc	$0	–	-6,299	–	-0.05%	–
	Exit	Amplitude Inc	$0	–	-14,234	–	-0.05%	–
AQN	Exit	Algonquin Power & Utilities Co	$0	–	-59,165	–	-0.06%	–
ET	Exit	Energy Transfer LPmlp	$0	–	-109,558	–	-0.07%	–
TRHC	Exit	Tabula Rasa HealthCare Inc	$0	–	-39,143	–	-0.08%	–
SOFI	Exit	SoFi Technologies Inc	$0	–	-77,086	–	-0.08%	–
OPEN	Exit	Opendoor Technologies Inc	$0	–	-59,586	–	-0.08%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-69,812	–	-0.10%	–
CHPT	Exit	ChargePoint Holdings Inc	$0	–	-100,166	–	-0.15%	–
ZLAB	Exit	Zai Lab Ltdadr	$0	–	-31,158	–	-0.23%	–
RBLX	Exit	ROBLOX Corp	$0	–	-47,917	–	-0.25%	–
SPOT	Exit	Spotify Technology SA	$0	–	-20,970	–	-0.33%	–
BAM	Exit	Brookfield Asset Management In	$0	–	-118,125	–	-0.44%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-33,927	–	-0.44%	–
NLY	Exit	Annaly Capital Management Increit	$0	–	-803,416	–	-0.47%	–
PLD	Exit	Prologis Increit	$0	–	-64,857	–	-0.57%	–
BE	Exit	Bloom Energy Corp	$0	–	-449,962	–	-0.59%	–
SLRC	Exit	SLR Investment Corp	$0	–	-557,068	–	-0.74%	–
OGS	Exit	ONE Gas Inc	$0	–	-174,069	–	-0.77%	–
SRE	Exit	Sempra Energy	$0	–	-97,741	–	-0.86%	–
BBU	Exit	Brookfield Business Partners Lltd part	$0	–	-283,438	–	-0.91%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-565,920	–	-1.02%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-2,441,057	–	-1.20%	–
GB	Exit	Global Blue Group Holding AG	$0	–	-2,771,206	–	-1.25%	–
CG	Exit	Carlyle Group Inc/The	$0	–	-387,805	–	-1.28%	–
ARCC	Exit	Ares Capital Corp	$0	–	-1,062,030	–	-1.50%	–
ARES	Exit	Ares Management Corp	$0	–	-359,918	–	-1.85%	–
ENB	Exit	Enbridge Inc	$0	–	-773,148	–	-2.16%	–
WM	Exit	Waste Management Inc	$0	–	-212,131	–	-2.21%	–
FTS	Exit	Fortis Inc/Canada	$0	–	-720,179	–	-2.24%	–
TRP	Exit	TC Energy Corp	$0	–	-734,087	–	-2.48%	–
CLVT	Exit	Clarivate PLC	$0	–	-1,820,225	–	-2.78%	–
APO	Exit	Apollo Global Management Inc	$0	–	-670,771	–	-2.88%	–
EQIX	Exit	Equinix Increit	$0	–	-60,018	–	-3.30%	–
CMS	Exit	CMS Energy Corp	$0	–	-801,705	–	-3.33%	–
KKR	Exit	KKR & Co Inc	$0	–	-852,573	–	-3.61%	–
BX	Exit	Blackstone Inc	$0	–	-450,297	–	-3.65%	–
ADT	Exit	ADT Inc	$0	–	-6,652,530	–	-3.75%	–
BHG	Exit	Bright Health Group Inc	$0	–	-7,091,646	–	-4.03%	–
ATO	Exit	Atmos Energy Corp	$0	–	-683,066	–	-4.20%	–
UNP	Exit	Union Pacific Corp	$0	–	-310,417	–	-4.24%	–
RSG	Exit	Republic Services Inc	$0	–	-529,419	–	-4.43%	–
CNI	Exit	Canadian National Railway Co	$0	–	-579,757	–	-4.71%	–
CCI	Exit	Crown Castle International Correit	$0	–	-404,402	–	-4.88%	–
AMT	Exit	American Tower Corpreit	$0	–	-282,159	–	-5.21%	–
AWK	Exit	American Water Works Co Inc	$0	–	-473,318	–	-5.57%	–
MPLN	Exit	Multiplan Corp	$0	–	-30,309,824	–	-11.88%	–

Q3 2021

			Value		Shares		↓ Weighting
AWK	Sell	American Water Works Co Inc	$80,010,000	-6.6%	473,318	-14.8%	5.57%	+6.0%
AMT	Sell	American Tower Corpreit	$74,888,000	-15.5%	282,159	-13.9%	5.21%	-4.1%
CCI	Sell	Crown Castle International Correit	$70,091,000	-19.9%	404,402	-9.8%	4.88%	-9.1%
CNI	Sell	Canadian National Railway Co	$67,681,000	-3.8%	579,757	-12.8%	4.71%	+9.1%
RSG	Sell	Republic Services Inc	$63,562,000	-6.5%	529,419	-14.3%	4.43%	+6.2%
UNP	Buy	Union Pacific Corp	$60,845,000	-6.4%	310,417	+5.0%	4.24%	+6.2%
ATO	Sell	Atmos Energy Corp	$60,246,000	-12.3%	683,066	-4.4%	4.20%	-0.4%
BHG	New	Bright Health Group Inc	$57,868,000	–	7,091,646	–	4.03%	–
BX	Sell	Blackstone Inc	$52,388,000	+0.4%	450,297	-16.2%	3.65%	+13.9%
KKR	Sell	KKR & Co Inc	$51,905,000	-11.1%	852,573	-13.5%	3.61%	+0.9%
CMS	Sell	CMS Energy Corp	$47,886,000	-8.5%	801,705	-9.5%	3.33%	+3.9%
EQIX	Sell	Equinix Increit	$47,422,000	-12.9%	60,018	-11.5%	3.30%	-1.2%
APO	Sell	Apollo Global Management Inc	$41,313,000	-10.5%	670,771	-9.7%	2.88%	+1.5%
CLVT	Sell	Clarivate PLC	$39,863,000	-44.0%	1,820,225	-29.6%	2.78%	-36.4%
TRP	Sell	TC Energy Corp	$35,592,000	-16.3%	734,087	-14.3%	2.48%	-5.1%
FTS	Sell	Fortis Inc/Canada	$32,185,000	+0.1%	720,179	-0.5%	2.24%	+13.6%
WM	Sell	Waste Management Inc	$31,684,000	-8.1%	212,131	-13.8%	2.21%	+4.4%
ENB	Sell	Enbridge Inc	$31,029,000	-5.8%	773,148	-5.7%	2.16%	+6.9%
ARES	Sell	Ares Management Corp	$26,573,000	-8.5%	359,918	-21.2%	1.85%	+3.8%
ARCC	Sell	Ares Capital Corp	$21,591,000	-2.9%	1,062,030	-6.4%	1.50%	+10.2%
CG	Sell	Carlyle Group Inc/The	$18,335,000	-34.2%	387,805	-35.3%	1.28%	-25.4%
OCSL	Sell	Oaktree Specialty Lending Corp	$17,234,000	-1.0%	2,441,057	-6.2%	1.20%	+12.4%
WMB	Sell	Williams Cos Inc/The	$14,680,000	-11.0%	565,920	-8.9%	1.02%	+1.0%
BBU	Sell	Brookfield Business Partners Lltd part	$13,030,000	-17.2%	283,438	-16.5%	0.91%	-6.1%
OGS	Sell	ONE Gas Inc	$11,031,000	-29.7%	174,069	-17.8%	0.77%	-20.2%
SLRC	Sell	SLR Investment Corp	$10,657,000	+1.6%	557,068	-1.0%	0.74%	+15.2%
PLD	Sell	Prologis Increit	$8,135,000	+3.6%	64,857	-1.3%	0.57%	+17.4%
NLY	Buy	Annaly Capital Management Increit	$6,765,000	+2.4%	803,416	+8.0%	0.47%	+16.3%
MAA	Buy	Mid-America Apartment Communitreit	$6,336,000	+11.3%	33,927	+0.4%	0.44%	+26.4%
BAM	Buy	Brookfield Asset Management In	$6,321,000	+14.4%	118,125	+9.0%	0.44%	+29.8%
SPOT	Buy	Spotify Technology SA	$4,725,000	-8.0%	20,970	+12.5%	0.33%	+4.4%
RBLX	Buy	ROBLOX Corp	$3,620,000	-3.1%	47,917	+15.5%	0.25%	+10.0%
ZLAB	New	Zai Lab Ltdadr	$3,284,000	–	31,158	–	0.23%	–
CHPT	New	ChargePoint Holdings Inc	$2,155,000	–	100,166	–	0.15%	–
EPD	Sell	Enterprise Products Partners Lmlp	$1,511,000	-11.9%	69,812	-1.8%	0.10%	0.0%
SOFI	New	SoFi Technologies Inc	$1,224,000	–	77,086	–	0.08%	–
OPEN	New	Opendoor Technologies Inc	$1,223,000	–	59,586	–	0.08%	–
TRHC	New	Tabula Rasa HealthCare Inc	$1,174,000	–	39,143	–	0.08%	–
ET	Buy	Energy Transfer LPmlp	$1,050,000	-7.7%	109,558	+2.3%	0.07%	+4.3%
AQN	Buy	Algonquin Power & Utilities Co	$874,000	+5.0%	59,165	+6.3%	0.06%	+19.6%
	New	Amplitude Inc	$775,000	–	14,234	–	0.05%	–
FIS	New	Fidelity National Information	$689,000	–	5,664	–	0.05%	–
FISV	New	Fiserv Inc	$683,000	–	6,299	–	0.05%	–
MA	New	Mastercard Inc	$671,000	–	1,930	–	0.05%	–
GPN	New	Global Payments Inc	$674,000	–	4,276	–	0.05%	–
V	New	Visa Inc	$665,000	–	2,985	–	0.05%	–
AXP	New	American Express Co	$659,000	–	3,934	–	0.05%	–
PYPL	New	PayPal Holdings Inc	$647,000	–	2,485	–	0.04%	–
ACCD	New	Accolade Inc	$627,000	–	14,863	–	0.04%	–
MDRX	New	Allscripts Healthcare Solution	$625,000	–	46,715	–	0.04%	–
CHNG	New	Change Healthcare Inc	$627,000	–	29,949	–	0.04%	–
HQY	New	HealthEquity Inc	$627,000	–	9,682	–	0.04%	–
SQ	New	Square Inc	$631,000	–	2,633	–	0.04%	–
DXCM	New	Dexcom Inc	$624,000	–	1,141	–	0.04%	–
CERN	New	Cerner Corp	$618,000	–	8,770	–	0.04%	–
TNDM	New	Tandem Diabetes Care Inc	$617,000	–	5,171	–	0.04%	–
ONEM	New	1Life Healthcare Inc	$604,000	–	29,837	–	0.04%	–
AMWL	New	American Well Corp	$598,000	–	65,641	–	0.04%	–
SDGR	New	Schrodinger Inc/United States	$604,000	–	11,044	–	0.04%	–
TDOC	New	Teladoc Health Inc	$602,000	–	4,744	–	0.04%	–
NVTA	New	Invitae Corp	$605,000	–	21,291	–	0.04%	–
PHR	New	Phreesia Inc	$604,000	–	9,793	–	0.04%	–
GDRX	New	GoodRx Holdings Inc	$595,000	–	14,503	–	0.04%	–
HIMS	New	Hims & Hers Health Inc	$596,000	–	79,012	–	0.04%	–
IQV	New	IQVIA Holdings Inc	$586,000	–	2,446	–	0.04%	–
OSH	New	Oak Street Health Inc	$580,000	–	13,637	–	0.04%	–
NFLX	New	Netflix Inc	$554,000	–	908	–	0.04%	–
MMYT	New	MakeMyTrip Ltd	$555,000	–	20,400	–	0.04%	–
TME	New	Tencent Music Entertainment Gradr	$550,000	–	75,900	–	0.04%	–
CHKP	New	Check Point Software Technolog	$531,000	–	4,700	–	0.04%	–
DSP	New	Viant Technology Inc	$530,000	–	43,390	–	0.04%	–
DT	New	Dynatrace Inc	$528,000	–	7,441	–	0.04%	–
MIME	New	Mimecast Ltd	$526,000	–	8,264	–	0.04%	–
EFX	New	Equifax Inc	$525,000	–	2,073	–	0.04%	–
PANW	New	Palo Alto Networks Inc	$537,000	–	1,122	–	0.04%	–
ALLT	New	Allot Ltd	$531,000	–	35,700	–	0.04%	–
SCWX	New	SecureWorks Corp	$518,000	–	26,061	–	0.04%	–
CYBR	New	CyberArk Software Ltd	$521,000	–	3,300	–	0.04%	–
FTNT	New	Fortinet Inc	$515,000	–	1,765	–	0.04%	–
FB	New	Facebook Inc	$517,000	–	1,523	–	0.04%	–
ABNB	New	Airbnb Inc	$513,000	–	3,057	–	0.04%	–
AMZN	New	Amazon.com Inc	$516,000	–	157	–	0.04%	–
EXPE	New	Expedia Group Inc	$512,000	–	3,126	–	0.04%	–
BKNG	New	Booking Holdings Inc	$513,000	–	216	–	0.04%	–
WMG	New	Warner Music Group Corp	$520,000	–	12,160	–	0.04%	–
EBAY	New	eBay Inc	$513,000	–	7,365	–	0.04%	–
REAL	New	RealReal Inc/The	$521,000	–	39,558	–	0.04%	–
ROKU	New	Roku Inc	$523,000	–	1,670	–	0.04%	–
CRWD	New	Crowdstrike Holdings Inc	$517,000	–	2,103	–	0.04%	–
PING	New	Ping Identity Holding Corp	$502,000	–	20,431	–	0.04%	–
TRIP	New	TripAdvisor Inc	$497,000	–	14,681	–	0.04%	–
GOOG	New	Alphabet Inc	$501,000	–	188	–	0.04%	–
RVLV	New	Revolve Group Inc	$482,000	–	7,809	–	0.03%	–
NEOG	New	Neogen Corp	$483,000	–	11,115	–	0.03%	–
CENT	New	Central Garden & Pet Co	$487,000	–	10,148	–	0.03%	–
TWTR	New	Twitter Inc	$483,000	–	7,998	–	0.03%	–
SJM	New	J M Smucker Co/The	$477,000	–	3,976	–	0.03%	–
PETQ	New	PetIQ Inc	$479,000	–	19,190	–	0.03%	–
PDCO	New	Patterson Cos Inc	$469,000	–	15,564	–	0.03%	–
HSKA	New	Heska Corp	$475,000	–	1,837	–	0.03%	–
SNAP	New	Snap Inc	$478,000	–	6,469	–	0.03%	–
WOOF	New	Petco Health & Wellness Co Inc	$453,000	–	21,449	–	0.03%	–
CHWY	New	Chewy Inc	$462,000	–	6,782	–	0.03%	–
NUAN	New	Nuance Communications Inc	$459,000	–	8,345	–	0.03%	–
TSCO	New	Tractor Supply Co	$455,000	–	2,248	–	0.03%	–
ELAN	New	Elanco Animal Health Inc	$463,000	–	14,514	–	0.03%	–
FRPT	New	Freshpet Inc	$453,000	–	3,173	–	0.03%	–
OMCL	New	Omnicell Inc	$443,000	–	2,987	–	0.03%	–
ZTS	New	Zoetis Inc	$449,000	–	2,313	–	0.03%	–
CVET	New	Covetrus Inc	$448,000	–	24,718	–	0.03%	–
FARO	New	FARO Technologies Inc	$449,000	–	6,816	–	0.03%	–
IRBT	New	iRobot Corp	$444,000	–	5,659	–	0.03%	–
ROK	New	Rockwell Automation Inc	$448,000	–	1,523	–	0.03%	–
DDD	New	3D Systems Corp	$436,000	–	15,808	–	0.03%	–
TRUP	New	Trupanion Inc	$433,000	–	5,577	–	0.03%	–
IDXX	New	IDEXX Laboratories Inc	$433,000	–	697	–	0.03%	–
BRKS	New	Brooks Automation Inc	$434,000	–	4,238	–	0.03%	–
ZBRA	New	Zebra Technologies Corp	$425,000	–	824	–	0.03%	–
NOVT	New	Novanta Inc	$425,000	–	2,749	–	0.03%	–
KAI	New	Kadant Inc	$431,000	–	2,112	–	0.03%	–
CGNX	New	Cognex Corp	$419,000	–	5,220	–	0.03%	–
TER	New	Teradyne Inc	$422,000	–	3,862	–	0.03%	–
DM	New	Desktop Metal Inc	$382,000	–	53,289	–	0.03%	–
BILL	Exit	Bill Com Holdings, Inc	$0	–	-5,048	–	-0.06%	–
FTCH	Exit	Farfetch Limited	$0	–	-110,678	–	-0.34%	–
ZI	Exit	Zoominfo Technologies Inc	$0	–	-106,891	–	-0.34%	–

Q2 2021

			Value		Shares		↓ Weighting
MPLN	New	Multiplan Corp	$288,550,000	–	30,309,824	–	17.70%	–
AMT	New	American Tower Corpreit	$88,574,000	–	327,883	–	5.44%	–
CCI	New	Crown Castle International Correit	$87,485,000	–	448,410	–	5.37%	–
AWK	New	American Water Works Co Inc	$85,644,000	–	555,664	–	5.26%	–
ADT	New	ADT Inc	$71,781,000	–	6,652,530	–	4.40%	–
CLVT	New	Clarivate PLC	$71,158,000	–	2,584,751	–	4.37%	–
CNI	New	Canadian National Railway Co	$70,386,000	–	664,897	–	4.32%	–
ATO	New	Atmos Energy Corp	$68,669,000	–	714,481	–	4.21%	–
RSG	New	Republic Services Inc	$67,952,000	–	617,686	–	4.17%	–
UNP	New	Union Pacific Corp	$65,031,000	–	295,689	–	3.99%	–
KKR	New	KKR & Co Inc	$58,371,000	–	985,335	–	3.58%	–
EQIX	New	Equinix Increit	$54,442,000	–	67,832	–	3.34%	–
CMS	New	CMS Energy Corp	$52,312,000	–	885,440	–	3.21%	–
BX	New	Blackstone Group Inc/The	$52,188,000	–	537,246	–	3.20%	–
APO	New	Apollo Global Management Inc	$46,179,000	–	742,421	–	2.83%	–
TRP	New	TC Energy Corp	$42,534,000	–	856,702	–	2.61%	–
WM	New	Waste Management Inc	$34,461,000	–	245,959	–	2.11%	–
ENB	New	Enbridge Inc	$32,936,000	–	819,757	–	2.02%	–
FTS	New	Fortis Inc/Canada	$32,140,000	–	723,681	–	1.97%	–
ARES	New	Ares Management Corp	$29,050,000	–	456,827	–	1.78%	–
CG	New	Carlyle Group Inc/The	$27,880,000	–	599,837	–	1.71%	–
GB	New	Global Blue Group Holding AG	$27,490,000	–	2,771,206	–	1.69%	–
ARCC	New	Ares Capital Corp	$22,228,000	–	1,134,679	–	1.36%	–
OCSL	New	Oaktree Specialty Lending Corp	$17,408,000	–	2,602,100	–	1.07%	–
WMB	New	Williams Cos Inc/The	$16,496,000	–	621,321	–	1.01%	–
BBU	New	Brookfield Business Partners Lltd part	$15,742,000	–	339,431	–	0.97%	–
OGS	New	ONE Gas Inc	$15,687,000	–	211,637	–	0.96%	–
SRE	New	Sempra Energy	$12,949,000	–	97,741	–	0.80%	–
BE	New	Bloom Energy Corp	$12,090,000	–	449,962	–	0.74%	–
SLRC	New	SLR Investment Corp	$10,493,000	–	562,939	–	0.64%	–
PLD	New	Prologis Increit	$7,852,000	–	65,693	–	0.48%	–
NLY	New	Annaly Capital Management Increit	$6,604,000	–	743,695	–	0.40%	–
MAA	New	Mid-America Apartment Communitreit	$5,693,000	–	33,803	–	0.35%	–
ZI	New	Zoominfo Technologies Inc	$5,577,000	–	106,891	–	0.34%	–
FTCH	New	Farfetch Limited	$5,574,000	–	110,678	–	0.34%	–
BAM	New	Brookfield Asset Management In	$5,523,000	–	108,330	–	0.34%	–
SPOT	New	Spotify Technology SA	$5,136,000	–	18,635	–	0.32%	–
RBLX	New	Roblox Corporation	$3,734,000	–	41,496	–	0.23%	–
EPD	New	Enterprise Products Partners Lmlp	$1,716,000	–	71,105	–	0.10%	–
ET	New	Energy Transfer LPmlp	$1,138,000	–	107,068	–	0.07%	–
BILL	New	Bill Com Holdings, Inc	$925,000	–	5,048	–	0.06%	–
AQN	New	Algonquin Power & Utilities Co	$832,000	–	55,641	–	0.05%	–
MMP	New	Magellan Midstream Partners LPmlp	$435,000	–	8,892	–	0.03%	–
OKE	New	ONEOK Inc	$297,000	–	5,341	–	0.02%	–
PAA	New	Plains All American Pipeline Lmlp	$285,000	–	25,124	–	0.02%	–
SBS	New	Cia de Saneamento Basico do Esadr	$124,000	–	16,700	–	0.01%	–

Q4 2020

			Value		Shares		↓ Weighting
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-40,516	–	-0.03%	–
OKE	Exit	ONEOK Inc	$0	–	-9,567	–	-0.03%	–
CHRS	Exit	Coherus BioSciences Inc	$0	–	-14,513	–	-0.03%	–
SBS	Exit	Cia de Saneamento Basico do Esadr	$0	–	-32,600	–	-0.03%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-11,387	–	-0.04%	–
NTNX	Exit	Nutanix Inc	$0	–	-21,245	–	-0.05%	–
AQN	Exit	Algonquin Power & Utilities Co	$0	–	-36,478	–	-0.06%	–
MRSN	Exit	Mersana Therapeutics Inc	$0	–	-41,721	–	-0.08%	–
ET	Exit	Energy Transfer LPmlp	$0	–	-183,428	–	-0.11%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-93,864	–	-0.16%	–
NLY	Exit	Annaly Capital Management Increit	$0	–	-347,919	–	-0.27%	–
PLD	Exit	Prologis Increit	$0	–	-34,667	–	-0.38%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-936,751	–	-0.50%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-42,255	–	-0.54%	–
BBU	Exit	Brookfield Business Partners Lltd part	$0	–	-303,796	–	-1.01%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-512,089	–	-1.10%	–
SLRC	Exit	Solar Capital Ltd	$0	–	-969,462	–	-1.68%	–
ARCC	Exit	Ares Capital Corp	$0	–	-1,119,507	–	-1.71%	–
CG	Exit	Carlyle Group Inc/The	$0	–	-648,099	–	-1.75%	–
BE	Exit	Bloom Energy Corp	$0	–	-899,926	–	-1.77%	–
SRE	Exit	Sempra Energy	$0	–	-139,821	–	-1.81%	–
OGS	Exit	ONE Gas Inc	$0	–	-246,729	–	-1.86%	–
ARES	Exit	Ares Management Corp	$0	–	-426,007	–	-1.88%	–
WM	Exit	Waste Management Inc	$0	–	-173,081	–	-2.14%	–
EQIX	Exit	Equinix Increit	$0	–	-33,385	–	-2.78%	–
APO	Exit	Apollo Global Management Inc	$0	–	-589,828	–	-2.89%	–
ENB	Exit	Enbridge Inc	$0	–	-915,651	–	-2.93%	–
KKR	Exit	KKR & Co Inc	$0	–	-827,914	–	-3.11%	–
FTS	Exit	Fortis Inc/Canada	$0	–	-726,233	–	-3.25%	–
BX	Exit	Blackstone Group Inc/The	$0	–	-624,011	–	-3.56%	–
CMS	Exit	CMS Energy Corp	$0	–	-532,503	–	-3.58%	–
TRP	Exit	TC Energy Corp	$0	–	-800,631	–	-3.68%	–
UNP	Exit	Union Pacific Corp	$0	–	-207,307	–	-4.47%	–
AMT	Exit	American Tower Corpreit	$0	–	-191,050	–	-5.06%	–
RSG	Exit	Republic Services Inc	$0	–	-521,882	–	-5.33%	–
CNI	Exit	Canadian National Railway Co	$0	–	-482,216	–	-5.62%	–
ATO	Exit	Atmos Energy Corp	$0	–	-546,672	–	-5.72%	–
ADT	Exit	ADT Inc	$0	–	-6,652,530	–	-5.95%	–
AWK	Exit	American Water Works Co Inc	$0	–	-395,932	–	-6.28%	–
CCI	Exit	Crown Castle International Correit	$0	–	-355,074	–	-6.47%	–
CLVT	Exit	Clarivate PLC	$0	–	-3,033,395	–	-10.29%	–

Q3 2020

			Value		Shares		↓ Weighting
CLVT	Sell	Clarivate PLC	$94,005,000	+38.8%	3,033,395	-0.0%	10.29%	+34.0%
CCI	Buy	Crown Castle International Correit	$59,120,000	+10.7%	355,074	+11.3%	6.47%	+6.9%
AWK	Sell	American Water Works Co Inc	$57,363,000	+3.5%	395,932	-8.1%	6.28%	-0.1%
ADT	Sell	ADT Inc	$54,351,000	-4.4%	6,652,530	-6.6%	5.95%	-7.7%
ATO	Buy	Atmos Energy Corp	$52,256,000	+6.0%	546,672	+10.4%	5.72%	+2.3%
CNI	Sell	Canadian National Railway Co	$51,350,000	+3.8%	482,216	-13.8%	5.62%	+0.2%
RSG	Sell	Republic Services Inc	$48,718,000	+4.8%	521,882	-7.8%	5.33%	+1.2%
AMT	Buy	American Tower Corpreit	$46,183,000	+8.2%	191,050	+15.7%	5.06%	+4.4%
UNP	Sell	Union Pacific Corp	$40,813,000	+10.0%	207,307	-5.5%	4.47%	+6.2%
TRP	Sell	TC Energy Corp	$33,607,000	-4.9%	800,631	-3.2%	3.68%	-8.2%
CMS	Sell	CMS Energy Corp	$32,701,000	-1.3%	532,503	-6.1%	3.58%	-4.7%
BX	Buy	Blackstone Group Inc/The	$32,573,000	+16.0%	624,011	+26.0%	3.56%	+12.0%
FTS	Buy	Fortis Inc/Canada	$29,688,000	+8.3%	726,233	+0.7%	3.25%	+4.5%
KKR	Sell	KKR & Co Inc	$28,431,000	+6.5%	827,914	-4.2%	3.11%	+2.8%
ENB	Sell	Enbridge Inc	$26,747,000	-5.1%	915,651	-1.2%	2.93%	-8.4%
APO	Buy	Apollo Global Management Inc	$26,395,000	+6.1%	589,828	+18.3%	2.89%	+2.4%
EQIX	Buy	Equinix Increit	$25,377,000	+3009.9%	33,385	+2773.1%	2.78%	+2887.1%
WM	New	Waste Management Inc	$19,588,000	–	173,081	–	2.14%	–
ARES	Buy	Ares Management Corp	$17,219,000	+5.8%	426,007	+3.9%	1.88%	+2.1%
OGS	Buy	ONE Gas Inc	$17,027,000	+1.3%	246,729	+13.1%	1.86%	-2.2%
CG	Buy	Carlyle Group Inc/The	$15,989,000	+15.8%	648,099	+30.9%	1.75%	+11.7%
ARCC	Sell	Ares Capital Corp	$15,617,000	-12.3%	1,119,507	-9.2%	1.71%	-15.4%
SLRC	Buy	Solar Capital Ltd	$15,366,000	+4.5%	969,462	+5.6%	1.68%	+0.9%
WMB	Sell	Williams Cos Inc/The	$10,063,000	-59.3%	512,089	-60.6%	1.10%	-60.7%
BBU	Buy	Brookfield Business Partners Lltd part	$9,266,000	+15.9%	303,796	+17.0%	1.01%	+11.9%
MAA	Buy	Mid-America Apartment Communitreit	$4,899,000	+29.2%	42,255	+27.8%	0.54%	+24.7%
OCSL	Buy	Oaktree Specialty Lending Corp	$4,534,000	+17.8%	936,751	+8.8%	0.50%	+13.8%
PLD	Buy	Prologis Increit	$3,488,000	+199.9%	34,667	+178.1%	0.38%	+189.4%
NLY	Sell	Annaly Capital Management Increit	$2,477,000	-3.9%	347,919	-11.4%	0.27%	-7.2%
EPD	Buy	Enterprise Products Partners Lmlp	$1,482,000	-12.5%	93,864	+0.7%	0.16%	-15.6%
ET	Buy	Energy Transfer LPmlp	$994,000	-6.8%	183,428	+22.4%	0.11%	-9.9%
MRSN	New	Mersana Therapeutics Inc	$777,000	–	41,721	–	0.08%	–
AQN	New	Algonquin Power & Utilities Co	$530,000	–	36,478	–	0.06%	–
NTNX	New	Nutanix Inc	$471,000	–	21,245	–	0.05%	–
MMP	Buy	Magellan Midstream Partners LPmlp	$389,000	-12.4%	11,387	+10.8%	0.04%	-14.0%
CHRS	New	Coherus BioSciences Inc	$266,000	–	14,513	–	0.03%	–
PAA	Buy	Plains All American Pipeline Lmlp	$242,000	-2.4%	40,516	+44.3%	0.03%	-7.1%
ARDX	Exit	Ardelyx Inc	$0	–	-49,246	–	-0.04%	–
SNAP	Exit	Snap Inc	$0	–	-14,912	–	-0.04%	–
INSM	Exit	Insmed Inc	$0	–	-15,578	–	-0.05%	–
EPZM	Exit	Epizyme Inc	$0	–	-33,327	–	-0.06%	–
ATRA	Exit	Atara Biotherapeutics Inc	$0	–	-90,405	–	-0.15%	–
STAG	Exit	STAG Industrial Increit	$0	–	-55,207	–	-0.18%	–
GO	Exit	Grocery Outlet Holding Corp	$0	–	-84,073	–	-0.39%	–
NET	Exit	Cloudflare Inc	$0	–	-111,192	–	-0.45%	–
HOME	Exit	At Home Group Inc	$0	–	-622,549	–	-0.46%	–
BABA	Exit	Alibaba Group Holding Ltdadr	$0	–	-61,159	–	-1.50%	–
CDAY	Exit	Ceridian HCM Holding Inc	$0	–	-194,790	–	-1.75%	–
CRWD	Exit	Crowdstrike Holdings Inc	$0	–	-203,249	–	-2.31%	–

Q2 2020

			Value		Shares		↓ Weighting
CLVT	New	Clarivate PLC	$67,736,000	–	3,033,396	–	7.68%	–
ADT	New	ADT Inc	$56,829,000	–	7,121,436	–	6.44%	–
AWK	New	American Water Works Co Inc	$55,448,000	–	430,962	–	6.29%	–
CCI	New	Crown Castle International Correit	$53,392,000	–	319,043	–	6.05%	–
CNI	New	Canadian National Railway Co	$49,479,000	–	559,287	–	5.61%	–
ATO	New	Atmos Energy Corp	$49,321,000	–	495,291	–	5.59%	–
RSG	New	Republic Services Inc	$46,467,000	–	566,331	–	5.27%	–
AMT	New	American Tower Corpreit	$42,686,000	–	165,105	–	4.84%	–
UNP	New	Union Pacific Corp	$37,087,000	–	219,360	–	4.21%	–
TRP	New	TC Energy Corp	$35,348,000	–	827,416	–	4.01%	–
CMS	New	CMS Energy Corp	$33,129,000	–	567,076	–	3.76%	–
ENB	New	Enbridge Inc	$28,183,000	–	926,918	–	3.20%	–
BX	New	Blackstone Group Inc/The	$28,071,000	–	495,428	–	3.18%	–
FTS	New	Fortis Inc/Canada	$27,418,000	–	720,971	–	3.11%	–
KKR	New	KKR & Co Inc	$26,684,000	–	864,110	–	3.03%	–
APO	New	Apollo Global Management Inc	$24,881,000	–	498,421	–	2.82%	–
WMB	New	Williams Cos Inc/The	$24,733,000	–	1,300,389	–	2.80%	–
CRWD	New	Crowdstrike Holdings Inc	$20,384,000	–	203,249	–	2.31%	–
ARCC	New	Ares Capital Corp	$17,811,000	–	1,232,608	–	2.02%	–
OGS	New	ONE Gas Inc	$16,805,000	–	218,104	–	1.91%	–
SRE	New	Sempra Energy	$16,391,000	–	139,821	–	1.86%	–
ARES	New	Ares Management Corp	$16,278,000	–	410,037	–	1.85%	–
CDAY	New	Ceridian HCM Holding Inc	$15,441,000	–	194,790	–	1.75%	–
SLRC	New	Solar Capital Ltd	$14,699,000	–	918,093	–	1.67%	–
CG	New	Carlyle Group Inc/The	$13,812,000	–	495,037	–	1.57%	–
BABA	New	Alibaba Group Holding Ltdadr	$13,192,000	–	61,159	–	1.50%	–
BE	New	Bloom Energy Corp	$9,791,000	–	899,926	–	1.11%	–
BBU	New	Brookfield Business Partners Lltd part	$7,994,000	–	259,694	–	0.91%	–
HOME	New	At Home Group Inc	$4,040,000	–	622,549	–	0.46%	–
NET	New	Cloudflare Inc	$3,997,000	–	111,192	–	0.45%	–
OCSL	New	Oaktree Specialty Lending Corp	$3,848,000	–	860,874	–	0.44%	–
MAA	New	Mid-America Apartment Communitreit	$3,792,000	–	33,070	–	0.43%	–
GO	New	Grocery Outlet Holding Corp	$3,430,000	–	84,073	–	0.39%	–
NLY	New	Annaly Capital Management Increit	$2,577,000	–	392,866	–	0.29%	–
EPD	New	Enterprise Products Partners Lmlp	$1,694,000	–	93,232	–	0.19%	–
STAG	New	STAG Industrial Increit	$1,619,000	–	55,207	–	0.18%	–
ATRA	New	Atara Biotherapeutics Inc	$1,317,000	–	90,405	–	0.15%	–
PLD	New	Prologis Increit	$1,163,000	–	12,466	–	0.13%	–
ET	New	Energy Transfer LPmlp	$1,067,000	–	149,890	–	0.12%	–
EQIX	New	Equinix Increit	$816,000	–	1,162	–	0.09%	–
EPZM	New	Epizyme Inc	$535,000	–	33,327	–	0.06%	–
MMP	New	Magellan Midstream Partners LPmlp	$444,000	–	10,280	–	0.05%	–
INSM	New	Insmed Inc	$429,000	–	15,578	–	0.05%	–
SNAP	New	Snap Inc	$350,000	–	14,912	–	0.04%	–
ARDX	New	Ardelyx Inc	$341,000	–	49,246	–	0.04%	–
SBS	New	Cia de Saneamento Basico do Esadr	$343,000	–	32,600	–	0.04%	–
OKE	New	ONEOK Inc	$318,000	–	9,567	–	0.04%	–
PAA	New	Plains All American Pipeline Lmlp	$248,000	–	28,078	–	0.03%	–

Q4 2019

			Value		Shares		↓ Weighting
AVLR	Exit	Avalara Inc	$0	–	-4,079	–	-0.03%	–
MIC	Exit	Macquarie Infrastructure Corp	$0	–	-8,827	–	-0.04%	–
SBS	Exit	Cia de Saneamento Basico do Esadr	$0	–	-37,400	–	-0.05%	–
ZUO	Exit	Zuora Inc	$0	–	-31,270	–	-0.06%	–
OKE	Exit	ONEOK Inc	$0	–	-6,700	–	-0.06%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-28,078	–	-0.07%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-11,114	–	-0.09%	–
LYFT	Exit	Lyft Inc	$0	–	-19,489	–	-0.09%	–
AR	Exit	Antero Resources Corp	$0	–	-358,979	–	-0.13%	–
HIW	Exit	Highwoods Properties Increit	$0	–	-24,970	–	-0.13%	–
SNH	Exit	Senior Housing Properties Trusreit	$0	–	-123,083	–	-0.13%	–
ET	Exit	Energy Transfer LPmlp	$0	–	-121,635	–	-0.18%	–
STAG	Exit	STAG Industrial Increit	$0	–	-84,097	–	-0.29%	–
NLY	Exit	Annaly Capital Management Increit	$0	–	-308,050	–	-0.32%	–
BJ	Exit	BJ's Wholesale Club Holdings I	$0	–	-107,325	–	-0.32%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-97,504	–	-0.32%	–
SPOT	Exit	Spotify Technology SA	$0	–	-24,789	–	-0.33%	–
BCSF	Exit	Bain Capital Specialty Finance	$0	–	-149,051	–	-0.33%	–
BE	Exit	Bloom Energy Corp	$0	–	-907,260	–	-0.34%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-26,843	–	-0.40%	–
WOW	Exit	WideOpenWest Inc	$0	–	-609,958	–	-0.44%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-798,638	–	-0.48%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-191,401	–	-0.57%	–
ESTC	Exit	Elastic NV	$0	–	-69,594	–	-0.67%	–
BBU	Exit	Brookfield Business Partners Lltd part	$0	–	-162,212	–	-0.73%	–
HOME	Exit	At Home Group Inc	$0	–	-895,087	–	-1.00%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-425,957	–	-1.02%	–
UNVR	Exit	Univar Solutions Inc	$0	–	-427,878	–	-1.03%	–
SMAR	Exit	Smartsheet Inc	$0	–	-283,561	–	-1.19%	–
EIX	Exit	Edison International	$0	–	-139,488	–	-1.22%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-908,506	–	-1.44%	–
AQUA	Exit	Evoqua Water Technologies Corp	$0	–	-762,704	–	-1.51%	–
ARES	Exit	Ares Management Corp	$0	–	-549,422	–	-1.71%	–
SLRC	Exit	Solar Capital Ltd	$0	–	-748,137	–	-1.80%	–
TRP	Exit	TC Energy Corp	$0	–	-353,395	–	-2.12%	–
APO	Exit	Apollo Global Management Inc	$0	–	-515,204	–	-2.26%	–
CMS	Exit	CMS Energy Corp	$0	–	-333,048	–	-2.47%	–
ARCC	Exit	Ares Capital Corp	$0	–	-1,238,663	–	-2.68%	–
BX	Exit	Blackstone Group Inc/The	$0	–	-504,786	–	-2.86%	–
FTS	Exit	Fortis Inc/Canada	$0	–	-616,361	–	-3.01%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-1,153,200	–	-3.22%	–
KKR	Exit	KKR & Co Inc	$0	–	-1,115,598	–	-3.48%	–
AMT	Exit	American Tower Corpreit	$0	–	-147,876	–	-3.80%	–
CDAY	Exit	Ceridian HCM Holding Inc	$0	–	-681,062	–	-3.91%	–
CNI	Exit	Canadian National Railway Co	$0	–	-454,954	–	-4.72%	–
RSG	Exit	Republic Services Inc	$0	–	-484,948	–	-4.88%	–
UNP	Exit	Union Pacific Corp	$0	–	-260,542	–	-4.90%	–
AWK	Exit	American Water Works Co Inc	$0	–	-344,106	–	-4.97%	–
ADT	Exit	ADT Inc	$0	–	-7,082,238	–	-5.16%	–
ENB	Exit	Enbridge Inc	$0	–	-1,298,518	–	-5.27%	–
ATO	Exit	Atmos Energy Corp	$0	–	-402,033	–	-5.32%	–
CCI	Exit	Crown Castle International Correit	$0	–	-359,395	–	-5.80%	–
CLVT	Exit	Clarivate Analytics PLC	$0	–	-5,437,037	–	-10.66%	–

Q3 2019

			Value		Shares		↓ Weighting
CLVT	Sell	Clarivate Analytics PLC	$91,723,000	-9.7%	5,437,037	-17.7%	10.66%	-14.5%
CCI	Buy	Crown Castle International Correit	$49,959,000	+24.6%	359,395	+16.8%	5.80%	+18.0%
ATO	Buy	Atmos Energy Corp	$45,788,000	+9.2%	402,033	+1.2%	5.32%	+3.5%
ENB	Buy	Enbridge Inc	$45,343,000	+13.7%	1,298,518	+17.2%	5.27%	+7.8%
ADT	Buy	ADT Inc	$44,406,000	+3.6%	7,082,238	+1.1%	5.16%	-1.8%
AWK	Buy	American Water Works Co Inc	$42,748,000	+7.5%	344,106	+0.4%	4.97%	+1.9%
UNP	Buy	Union Pacific Corp	$42,203,000	-1.9%	260,542	+2.4%	4.90%	-7.0%
RSG	Buy	Republic Services Inc	$41,972,000	+0.9%	484,948	+1.0%	4.88%	-4.4%
CNI	Buy	Canadian National Railway Co	$40,642,000	+4.2%	454,954	+7.8%	4.72%	-1.3%
CDAY	Sell	Ceridian HCM Holding Inc	$33,624,000	-39.8%	681,062	-38.8%	3.91%	-43.0%
AMT	Buy	American Tower Corpreit	$32,700,000	+11.6%	147,876	+3.2%	3.80%	+5.7%
KKR	Buy	KKR & Co Inc	$29,954,000	+6.9%	1,115,598	+0.6%	3.48%	+1.3%
WMB	Buy	Williams Cos Inc/The	$27,746,000	+0.6%	1,153,200	+17.3%	3.22%	-4.7%
FTS	Buy	Fortis Inc/Canada	$25,924,000	+7.2%	616,361	+0.5%	3.01%	+1.6%
BX	New	Blackstone Group Inc/The	$24,654,000	–	504,786	–	2.86%	–
ARCC	Sell	Ares Capital Corp	$23,082,000	+2.3%	1,238,663	-1.5%	2.68%	-3.0%
CMS	Buy	CMS Energy Corp	$21,298,000	+12.4%	333,048	+1.8%	2.47%	+6.5%
APO	New	Apollo Global Management Inc	$19,485,000	–	515,204	–	2.26%	–
TRP	Buy	TC Energy Corp	$18,205,000	+6.0%	353,395	+1.9%	2.12%	+0.4%
SLRC	Buy	Solar Capital Ltd	$15,449,000	+19.2%	748,137	+18.5%	1.80%	+12.9%
ARES	Sell	Ares Management Corp	$14,730,000	-3.1%	549,422	-5.5%	1.71%	-8.2%
NMFC	Buy	New Mountain Finance Corp	$12,383,000	+12.0%	908,506	+14.8%	1.44%	+6.1%
EIX	Sell	Edison International	$10,520,000	-42.4%	139,488	-48.5%	1.22%	-45.4%
SMAR	New	Smartsheet Inc	$10,217,000	–	283,561	–	1.19%	–
BBU	Buy	Brookfield Business Partners Lltd part	$6,322,000	+15.1%	162,212	+14.9%	0.73%	+9.1%
ESTC	Buy	Elastic NV	$5,730,000	+508.9%	69,594	+452.4%	0.67%	+479.1%
CG	Sell	Carlyle Group LP/Themlp	$4,892,000	+5.8%	191,401	-6.4%	0.57%	+0.2%
OCSL	Buy	Oaktree Specialty Lending Corp	$4,137,000	+15.0%	798,638	+20.4%	0.48%	+9.1%
WOW	New	WideOpenWest Inc	$3,757,000	–	609,958	–	0.44%	–
MAA	Buy	Mid-America Apartment Communitreit	$3,490,000	+20.7%	26,843	+9.3%	0.40%	+14.4%
BE	Buy	Bloom Energy Corp	$2,949,000	-73.3%	907,260	+0.8%	0.34%	-74.7%
BCSF	Buy	Bain Capital Specialty Finance	$2,827,000	+33.9%	149,051	+31.4%	0.33%	+26.6%
BJ	New	BJ's Wholesale Club Holdings I	$2,776,000	–	107,325	–	0.32%	–
NLY	Buy	Annaly Capital Management Increit	$2,711,000	+11.4%	308,050	+15.6%	0.32%	+5.7%
STAG	Buy	STAG Industrial Increit	$2,479,000	+7.3%	84,097	+10.1%	0.29%	+1.8%
HIW	Buy	Highwoods Properties Increit	$1,122,000	+14.1%	24,970	+4.9%	0.13%	+7.4%
LYFT	New	Lyft Inc	$796,000	–	19,489	–	0.09%	–
ZUO	New	Zuora Inc	$471,000	–	31,270	–	0.06%	–
SBS	Sell	Cia de Saneamento Basico do Esadr	$444,000	-17.8%	37,400	-15.8%	0.05%	-21.2%
MIC	Buy	Macquarie Infrastructure Corp	$348,000	+18.0%	8,827	+21.2%	0.04%	+11.1%
AVLR	New	Avalara Inc	$274,000	–	4,079	–	0.03%	–
NTNX	Exit	Nutanix Inc	$0	–	-49,964	–	-0.16%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-527,189	–	-2.22%	–

Q2 2019

			Value		Shares		↓ Weighting
CLVT	New	Clarivate Analytics PLC	$101,601,000	–	6,606,031	–	12.46%	–
CDAY	New	Ceridian HCM Holding Inc	$55,867,000	–	1,112,889	–	6.85%	–
UNP	New	Union Pacific Corp	$43,019,000	–	254,384	–	5.27%	–
ADT	New	ADT Inc	$42,866,000	–	7,004,168	–	5.26%	–
ATO	New	Atmos Energy Corp	$41,923,000	–	397,146	–	5.14%	–
RSG	New	Republic Services Inc	$41,597,000	–	480,109	–	5.10%	–
CCI	New	Crown Castle International Correit	$40,111,000	–	307,717	–	4.92%	–
ENB	New	Enbridge Inc	$39,882,000	–	1,107,766	–	4.89%	–
AWK	New	American Water Works Co Inc	$39,750,000	–	342,674	–	4.87%	–
CNI	New	Canadian National Railway Co	$39,006,000	–	421,844	–	4.78%	–
AMT	New	American Tower Corpreit	$29,309,000	–	143,355	–	3.59%	–
KKR	New	KKR & Co Inc	$28,031,000	–	1,109,256	–	3.44%	–
WMB	New	Williams Cos Inc/The	$27,576,000	–	983,439	–	3.38%	–
FTS	New	Fortis Inc/Canada	$24,186,000	–	613,078	–	2.96%	–
ARCC	New	Ares Capital Corp	$22,553,000	–	1,257,110	–	2.76%	–
CMS	New	CMS Energy Corp	$18,940,000	–	327,053	–	2.32%	–
EIX	New	Edison International	$18,250,000	–	270,733	–	2.24%	–
APO	New	Apollo Global Management LLCmlp	$18,083,000	–	527,189	–	2.22%	–
TRP	New	TC Energy Corp	$17,181,000	–	346,891	–	2.11%	–
ARES	New	Ares Management Corp	$15,208,000	–	581,105	–	1.86%	–
SLRC	New	Solar Capital Ltd	$12,966,000	–	631,567	–	1.59%	–
NMFC	New	New Mountain Finance Corp	$11,058,000	–	791,543	–	1.36%	–
BE	New	Bloom Energy Corp	$11,042,000	–	899,926	–	1.35%	–
AQUA	New	Evoqua Water Technologies Corp	$10,861,000	–	762,704	–	1.33%	–
UNVR	New	Univar Inc	$9,430,000	–	427,878	–	1.16%	–
KMI	New	Kinder Morgan Inc/DE	$8,894,000	–	425,957	–	1.09%	–
HOME	New	At Home Group Inc	$5,961,000	–	895,087	–	0.73%	–
BBU	New	Brookfield Business Partners Lltd part	$5,493,000	–	141,214	–	0.67%	–
CG	New	Carlyle Group LP/Themlp	$4,624,000	–	204,497	–	0.57%	–
SPOT	New	Spotify Technology SA	$3,625,000	–	24,789	–	0.44%	–
OCSL	New	Oaktree Specialty Lending Corp	$3,596,000	–	663,480	–	0.44%	–
MAA	New	Mid-America Apartment Communitreit	$2,891,000	–	24,550	–	0.35%	–
EPD	New	Enterprise Products Partners Lmlp	$2,815,000	–	97,504	–	0.34%	–
NLY	New	Annaly Capital Management Increit	$2,433,000	–	266,450	–	0.30%	–
STAG	New	STAG Industrial Increit	$2,310,000	–	76,384	–	0.28%	–
BCSF	New	Bain Capital Specialty Finance	$2,112,000	–	113,412	–	0.26%	–
AR	New	Antero Resources Corp	$1,985,000	–	358,979	–	0.24%	–
ET	New	Energy Transfer LPmlp	$1,713,000	–	121,635	–	0.21%	–
NTNX	New	Nutanix Inc	$1,296,000	–	49,964	–	0.16%	–
SNH	New	Senior Housing Properties Trusreit	$1,018,000	–	123,083	–	0.12%	–
HIW	New	Highwoods Properties Increit	$983,000	–	23,795	–	0.12%	–
ESTC	New	Elastic NV	$941,000	–	12,598	–	0.12%	–
MMP	New	Magellan Midstream Partners LPmlp	$711,000	–	11,114	–	0.09%	–
PAA	New	Plains All American Pipeline Lmlp	$684,000	–	28,078	–	0.08%	–
SBS	New	Cia de Saneamento Basico do Esadr	$540,000	–	44,400	–	0.07%	–
OKE	New	ONEOK Inc	$461,000	–	6,700	–	0.06%	–
MIC	New	Macquarie Infrastructure Corp	$295,000	–	7,282	–	0.04%	–

Q4 2018

			Value		Shares		↓ Weighting
MIC	Exit	Macquarie Infrastructure Corp	$0	–	-7,600	–	-0.04%	–
TRXC	Exit	TransEnterix Inc	$0	–	-61,538	–	-0.04%	–
YEXT	Exit	Yext Inc	$0	–	-17,604	–	-0.05%	–
SFIX	Exit	Stitch Fix Inc	$0	–	-11,283	–	-0.06%	–
OKE	Exit	ONEOK Inc	$0	–	-8,400	–	-0.07%	–
HIW	Exit	Highwoods Properties Increit	$0	–	-13,958	–	-0.08%	–
STAG	Exit	STAG Industrial Increit	$0	–	-24,200	–	-0.08%	–
SBS	Exit	Cia de Saneamento Basico do Esadr	$0	–	-120,000	–	-0.08%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-28,078	–	-0.08%	–
ZUO	Exit	Zuora Inc	$0	–	-31,270	–	-0.08%	–
ETP	Exit	Energy Transfer Partners LPmlp	$0	–	-66,472	–	-0.17%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-24,521	–	-0.20%	–
SNH	Exit	Senior Housing Properties Trusreit	$0	–	-138,806	–	-0.29%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-85,758	–	-0.29%	–
IQV	Exit	IQVIA Holdings Inc	$0	–	-31,225	–	-0.48%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-42,138	–	-0.50%	–
TWO	Exit	Two Harbors Investment Corpreit	$0	–	-314,307	–	-0.55%	–
GSBD	Exit	Goldman Sachs BDC Inc	$0	–	-238,000	–	-0.62%	–
ARES	Exit	Ares Management LP	$0	–	-241,473	–	-0.66%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-1,440,737	–	-0.84%	–
BBU	Exit	Brookfield Business Partners Lltd part	$0	–	-169,224	–	-0.91%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-257,742	–	-1.05%	–
CMS	Exit	CMS Energy Corp	$0	–	-226,600	–	-1.31%	–
UNVR	Exit	Univar Inc	$0	–	-427,878	–	-1.55%	–
SLRC	Exit	Solar Capital Ltd	$0	–	-633,781	–	-1.60%	–
AQUA	Exit	Evoqua Water Technologies Corp	$0	–	-762,704	–	-1.60%	–
FIS	Exit	Fidelity National Information	$0	–	-128,868	–	-1.66%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-1,106,030	–	-1.76%	–
EIX	Exit	Edison International	$0	–	-231,663	–	-1.85%	–
FTS	Exit	Fortis Inc/Canada	$0	–	-562,778	–	-2.15%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-1,027,687	–	-2.15%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-676,962	–	-2.17%	–
TRP	Exit	TransCanada Corp	$0	–	-549,630	–	-2.62%	–
BIP	Exit	Brookfield Infrastructure Partltd part	$0	–	-633,345	–	-2.98%	–
AMT	Exit	American Tower Corpreit	$0	–	-175,720	–	-3.01%	–
ARCC	Exit	Ares Capital Corp	$0	–	-1,547,192	–	-3.13%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-1,324,346	–	-3.52%	–
BE	Exit	Bloom Energy Corp	$0	–	-899,927	–	-3.61%	–
CNI	Exit	Canadian National Railway Co	$0	–	-408,641	–	-4.31%	–
RSG	Exit	Republic Services Inc	$0	–	-544,633	–	-4.66%	–
ATO	Exit	Atmos Energy Corp	$0	–	-429,686	–	-4.75%	–
KKR	Exit	KKR & Co Inc	$0	–	-1,502,144	–	-4.83%	–
CCI	Exit	Crown Castle International Correit	$0	–	-396,433	–	-5.20%	–
AWK	Exit	American Water Works Co Inc	$0	–	-512,696	–	-5.31%	–
UNP	Exit	Union Pacific Corp	$0	–	-287,278	–	-5.51%	–
ENB	Exit	Enbridge Inc	$0	–	-1,657,349	–	-6.30%	–
HOME	Exit	At Home Group Inc	$0	–	-2,017,385	–	-7.50%	–
ADT	Exit	ADT Inc	$0	–	-7,004,168	–	-7.75%	–

Q3 2018

			Value		Shares		↓ Weighting
HOME	Sell	At Home Group Inc	$63,608,000	-46.8%	2,017,385	-33.9%	7.50%	-45.8%
ENB	Sell	Enbridge Inc	$53,514,000	-17.0%	1,657,349	-7.5%	6.30%	-15.4%
UNP	Sell	Union Pacific Corp	$46,777,000	-4.5%	287,278	-16.9%	5.51%	-2.6%
AWK	Sell	American Water Works Co Inc	$45,102,000	-6.0%	512,696	-8.8%	5.31%	-4.2%
CCI	Sell	Crown Castle International Correit	$44,135,000	-5.9%	396,433	-8.8%	5.20%	-4.0%
KKR	Buy	KKR & Co Inc	$40,963,000	+359.7%	1,502,144	+318.9%	4.83%	+368.5%
ATO	Sell	Atmos Energy Corp	$40,352,000	-17.8%	429,686	-21.1%	4.75%	-16.2%
RSG	Sell	Republic Services Inc	$39,573,000	-8.5%	544,633	-13.9%	4.66%	-6.7%
CNI	Buy	Canadian National Railway Co	$36,613,000	+10.8%	408,641	+1.9%	4.31%	+13.0%
BE	New	Bloom Energy Corp	$30,670,000	–	899,927	–	3.61%	–
CG	Buy	Carlyle Group LP/Themlp	$29,864,000	+6.1%	1,324,346	+0.2%	3.52%	+8.1%
ARCC	Sell	Ares Capital Corp	$26,596,000	+3.6%	1,547,192	-0.8%	3.13%	+5.6%
AMT	Buy	American Tower Corpreit	$25,532,000	+11.9%	175,720	+11.1%	3.01%	+14.1%
BIP	Sell	Brookfield Infrastructure Partltd part	$25,258,000	-3.6%	633,345	-7.1%	2.98%	-1.7%
TRP	Buy	TransCanada Corp	$22,209,000	-7.2%	549,630	+0.1%	2.62%	-5.4%
WMB	Buy	Williams Cos Inc/The	$18,407,000	+51.5%	676,962	+51.0%	2.17%	+54.4%
FTS	Sell	Fortis Inc/Canada	$18,224,000	-6.3%	562,778	-6.9%	2.15%	-4.5%
KMI	Sell	Kinder Morgan Inc/DE	$18,221,000	-13.6%	1,027,687	-13.8%	2.15%	-11.9%
EIX	Sell	Edison International	$15,679,000	-2.3%	231,663	-8.6%	1.85%	-0.4%
NMFC	Buy	New Mountain Finance Corp	$14,931,000	+5.2%	1,106,030	+6.0%	1.76%	+7.2%
SLRC	Sell	Solar Capital Ltd	$13,550,000	+3.0%	633,781	-1.5%	1.60%	+5.1%
CMS	Buy	CMS Energy Corp	$11,103,000	+40.6%	226,600	+35.7%	1.31%	+43.3%
APO	Sell	Apollo Global Management LLCmlp	$8,905,000	-0.1%	257,742	-7.9%	1.05%	+1.7%
BBU	Sell	Brookfield Business Partners Lltd part	$7,747,000	+13.4%	169,224	-4.4%	0.91%	+15.6%
OCSL	Sell	Oaktree Specialty Lending Corp	$7,146,000	+2.2%	1,440,737	-1.5%	0.84%	+4.2%
ARES	Buy	Ares Management LP	$5,602,000	+14.0%	241,473	+1.7%	0.66%	+16.2%
GSBD	Buy	Goldman Sachs BDC Inc	$5,279,000	+208.9%	238,000	+185.2%	0.62%	+214.1%
TWO	Buy	Two Harbors Investment Corpreit	$4,693,000	+40.8%	314,307	+49.0%	0.55%	+43.6%
MAA	Buy	Mid-America Apartment Communitreit	$4,221,000	+4.7%	42,138	+5.2%	0.50%	+6.7%
IQV	New	IQVIA Holdings Inc	$4,051,000	–	31,225	–	0.48%	–
EPD	Sell	Enterprise Products Partners Lmlp	$2,464,000	-3.2%	85,758	-6.8%	0.29%	-1.4%
SNH	Buy	Senior Housing Properties Trusreit	$2,437,000	+14.1%	138,806	+17.6%	0.29%	+16.2%
MMP	Sell	Magellan Midstream Partners LPmlp	$1,661,000	-10.3%	24,521	-8.5%	0.20%	-8.4%
ETP	Sell	Energy Transfer Partners LPmlp	$1,480,000	-13.3%	66,472	-25.9%	0.17%	-11.7%
ZUO	New	Zuora Inc	$723,000	–	31,270	–	0.08%	–
PAA	Sell	Plains All American Pipeline Lmlp	$702,000	-12.1%	28,078	-16.9%	0.08%	-9.8%
HIW	Buy	Highwoods Properties Increit	$660,000	-0.8%	13,958	+6.5%	0.08%	+1.3%
YEXT	New	Yext Inc	$417,000	–	17,604	–	0.05%	–
TRXC	New	TransEnterix Inc	$357,000	–	61,538	–	0.04%	–
CBLAQ	Exit	CBL US Equityreit	$0	–	-40,000	–	-0.03%	–
HCP	Exit	HCP US Equityreit	$0	–	-12,600	–	-0.04%	–
MDB	Exit	MDB US Equity	$0	–	-32,107	–	-0.18%	–
ROKU	Exit	ROKU US Equity	$0	–	-166,812	–	-0.82%	–
BX	Exit	BX US Equitymlp	$0	–	-401,000	–	-1.49%	–

Q2 2018

			Value		Shares		↓ Weighting
HOME	New	HOME US Equity	$119,520,000	–	3,052,869	–	13.82%	–
ENB	New	ENB CN Equity	$64,466,000	–	1,791,061	–	7.45%	–
ADT	New	ADT US Equity	$60,586,000	–	7,004,168	–	7.00%	–
ATO	New	ATO US Equity	$49,102,000	–	544,730	–	5.68%	–
UNP	New	UNP US Equity	$48,962,000	–	345,580	–	5.66%	–
AWK	New	AWK US Equity	$47,978,000	–	561,930	–	5.55%	–
CCI	New	CCI US Equityreit	$46,879,000	–	434,790	–	5.42%	–
RSG	New	RSG US Equity	$43,230,000	–	632,381	–	5.00%	–
CNI	New	CNR CN Equity	$33,036,000	–	401,180	–	3.82%	–
CG	New	CG US Equitymlp	$28,160,000	–	1,322,067	–	3.26%	–
BIP	New	BIP US Equityltd part	$26,190,000	–	682,031	–	3.03%	–
ARCC	New	ARCC US Equity	$25,669,000	–	1,560,410	–	2.97%	–
TRP	New	TRP CN Equity	$23,923,000	–	549,200	–	2.76%	–
AMT	New	AMT US Equityreit	$22,811,000	–	158,220	–	2.64%	–
KMI	New	KMI US Equity	$21,077,000	–	1,192,787	–	2.44%	–
FTS	New	FTS CN Equity	$19,452,000	–	604,500	–	2.25%	–
EIX	New	EIX US Equity	$16,042,000	–	253,550	–	1.85%	–
AQUA	New	AQUA US Equity	$15,635,000	–	762,704	–	1.81%	–
NMFC	New	NMFC US Equity	$14,193,000	–	1,043,626	–	1.64%	–
FIS	New	FIS US Equity	$13,664,000	–	128,868	–	1.58%	–
SLRC	New	SLRC US Equity	$13,152,000	–	643,467	–	1.52%	–
BX	New	BX US Equitymlp	$12,900,000	–	401,000	–	1.49%	–
WMB	New	WMB US Equity	$12,151,000	–	448,200	–	1.40%	–
UNVR	New	UNVR US Equity	$11,228,000	–	427,878	–	1.30%	–
APO	New	APO US Equitymlp	$8,915,000	–	279,742	–	1.03%	–
KKR	New	KKR US Equity	$8,911,000	–	358,600	–	1.03%	–
CMS	New	CMS US Equity	$7,896,000	–	167,000	–	0.91%	–
ROKU	New	ROKU US Equity	$7,110,000	–	166,812	–	0.82%	–
OCSL	New	OCSL US Equity	$6,992,000	–	1,462,737	–	0.81%	–
BBU	New	BBU-U CN Equityltd part	$6,831,000	–	177,024	–	0.79%	–
ARES	New	ARES US Equity	$4,914,000	–	237,373	–	0.57%	–
MAA	New	MAA US Equityreit	$4,031,000	–	40,040	–	0.47%	–
TWO	New	TWO US Equityreit	$3,334,000	–	211,000	–	0.38%	–
EPD	New	EPD US Equitymlp	$2,546,000	–	92,000	–	0.29%	–
SNH	New	SNH US Equityreit	$2,135,000	–	118,000	–	0.25%	–
MMP	New	MMP US Equitymlp	$1,851,000	–	26,800	–	0.21%	–
GSBD	New	GSBD US Equity	$1,709,000	–	83,445	–	0.20%	–
ETP	New	ETP US Equitymlp	$1,708,000	–	89,700	–	0.20%	–
MDB	New	MDB US Equity	$1,593,000	–	32,107	–	0.18%	–
PAA	New	PAA US Equitymlp	$799,000	–	33,800	–	0.09%	–
SBS	New	SBS US Equityadr	$721,000	–	120,000	–	0.08%	–
HIW	New	HIW US EQUITYreit	$665,000	–	13,100	–	0.08%	–
STAG	New	STAG US EQUITYreit	$659,000	–	24,200	–	0.08%	–
OKE	New	OKE US Equity	$587,000	–	8,400	–	0.07%	–
HCP	New	HCP US Equityreit	$325,000	–	12,600	–	0.04%	–
MIC	New	MIC US Equity	$321,000	–	7,600	–	0.04%	–
SFIX	New	SFIX US Equity	$310,000	–	11,283	–	0.04%	–
CBLAQ	New	CBL US Equityreit	$223,000	–	40,000	–	0.03%	–

Q4 2017

			Value		Shares		↓ Weighting
CXRXF	Exit	Concordia International Corp	$0	–	-68,194	–	-0.01%	–
OCSL	Exit	Oaktree Specialty Lending Corp	$0	–	-66,000	–	-0.04%	–
TWO	Exit	Two Harbors Investment Corpreit	$0	–	-44,100	–	-0.05%	–
MIC	Exit	Macquarie Infrastructure Corp	$0	–	-6,700	–	-0.05%	–
HIW	Exit	Highwoods Properties Increit	$0	–	-10,000	–	-0.06%	–
HCP	Exit	HCP Increit	$0	–	-19,500	–	-0.06%	–
ETP	Exit	Energy Transfer Partners LPmlp	$0	–	-32,700	–	-0.07%	–
CBLAQ	Exit	CBL & Associates Properties Inreit	$0	–	-79,000	–	-0.07%	–
PNNT	Exit	PennantPark Investment Corp	$0	–	-90,000	–	-0.08%	–
BPL	Exit	Buckeye Partners LPmlp	$0	–	-12,500	–	-0.08%	–
OKE	Exit	ONEOK Inc	$0	–	-13,000	–	-0.08%	–
BWP	Exit	Boardwalk Pipeline Partners LPmlp	$0	–	-66,000	–	-0.11%	–
WEX	Exit	WEX Inc	$0	–	-9,546	–	-0.12%	–
ET	Exit	Energy Transfer Equity LPmlp	$0	–	-62,600	–	-0.12%	–
WPZ	Exit	Williams Partners LPmlp	$0	–	-36,889	–	-0.16%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-70,000	–	-0.16%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-35,800	–	-0.28%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-109,000	–	-0.32%	–
BBU	Exit	Brookfield Business Partners Lltd part	$0	–	-110,100	–	-0.36%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-43,840	–	-0.52%	–
SLRC	Exit	Solar Capital Ltd	$0	–	-233,524	–	-0.56%	–
KKR	Exit	KKR & Co LPltd part	$0	–	-249,300	–	-0.56%	–
LNTH	Exit	Lantheus Holdings Inc	$0	–	-314,680	–	-0.62%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-462,167	–	-0.73%	–
USFD	Exit	US Foods Holding Corp	$0	–	-319,644	–	-0.95%	–
FIS	Exit	Fidelity National Information	$0	–	-128,868	–	-1.33%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-441,200	–	-1.47%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-566,124	–	-1.48%	–
ARCC	Exit	Ares Capital Corp	$0	–	-903,738	–	-1.64%	–
SRE	Exit	Sempra Energy	$0	–	-142,680	–	-1.80%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-572,568	–	-1.91%	–
CZR	Exit	Caesars Entertainment Corp	$0	–	-1,370,273	–	-2.03%	–
AMT	Exit	American Tower Corpreit	$0	–	-144,300	–	-2.19%	–
ES	Exit	Eversource Energy	$0	–	-329,226	–	-2.21%	–
UNVR	Exit	Univar Inc	$0	–	-797,982	–	-2.56%	–
TRP	Exit	TransCanada Corp	$0	–	-593,700	–	-3.24%	–
CNI	Exit	Canadian National Railway Co	$0	–	-360,400	–	-3.30%	–
BIP	Exit	Brookfield Infrastructure Partltd part	$0	–	-838,331	–	-4.01%	–
AWK	Exit	American Water Works Co Inc	$0	–	-478,040	–	-4.29%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-2,110,187	–	-4.49%	–
ATO	Exit	Atmos Energy Corp	$0	–	-512,800	–	-4.77%	–
UNP	Exit	Union Pacific Corp	$0	–	-389,800	–	-5.01%	–
CCI	Exit	Crown Castle International Correit	$0	–	-459,330	–	-5.09%	–
RSG	Exit	Republic Services Inc	$0	–	-729,631	–	-5.34%	–
ENB	Exit	Enbridge Inc	$0	–	-1,478,161	–	-6.82%	–
HOME	Exit	At Home Group Inc	$0	–	-5,237,797	–	-13.26%	–
BKFS	Exit	Black Knight Financial Service	$0	–	-3,256,908	–	-15.54%	–

Q3 2017

			Value		Shares		↓ Weighting
ENB	Buy	Enbridge Inc	$61,510,000	+31.4%	1,478,161	+24.2%	6.82%	+36.7%
RSG	Buy	Republic Services Inc	$48,199,000	+8.6%	729,631	+4.8%	5.34%	+13.0%
CCI	Buy	Crown Castle International Correit	$45,924,000	+0.6%	459,330	+0.8%	5.09%	+4.7%
UNP	Buy	Union Pacific Corp	$45,205,000	+30.3%	389,800	+22.4%	5.01%	+35.6%
ATO	Buy	Atmos Energy Corp	$42,993,000	+1.8%	512,800	+0.7%	4.77%	+5.9%
KMI	Sell	Kinder Morgan Inc/DE	$40,473,000	-4.5%	2,110,187	-5.2%	4.49%	-0.7%
AWK	Sell	American Water Works Co Inc	$38,678,000	-14.9%	478,040	-18.4%	4.29%	-11.5%
BIP	Sell	Brookfield Infrastructure Partltd part	$36,166,000	-0.6%	838,331	-5.8%	4.01%	+3.4%
CNI	Buy	Canadian National Railway Co	$29,747,000	+21.5%	360,400	+19.3%	3.30%	+26.3%
TRP	Sell	TransCanada Corp	$29,232,000	-29.2%	593,700	-31.5%	3.24%	-26.4%
ES	Sell	Eversource Energy	$19,898,000	-1.9%	329,226	-1.5%	2.21%	+2.0%
AMT	New	American Tower Corpreit	$19,723,000	–	144,300	–	2.19%	–
CZR	New	Caesars Entertainment Corp	$18,292,000	–	1,370,273	–	2.03%	–
APO	Buy	Apollo Global Management LLCmlp	$17,234,000	+22.5%	572,568	+7.6%	1.91%	+27.4%
SRE	Buy	Sempra Energy	$16,284,000	+3.6%	142,680	+1.6%	1.80%	+7.7%
ARCC	Sell	Ares Capital Corp	$14,812,000	-6.7%	903,738	-6.8%	1.64%	-3.0%
CG	Sell	Carlyle Group LP/Themlp	$13,361,000	+19.0%	566,124	-2.4%	1.48%	+23.7%
WMB	Buy	Williams Cos Inc/The	$13,240,000	+51.8%	441,200	+53.1%	1.47%	+57.8%
USFD	New	US Foods Holding Corp	$8,535,000	–	319,644	–	0.95%	–
NMFC	Sell	New Mountain Finance Corp	$6,586,000	-2.9%	462,167	-0.8%	0.73%	+1.0%
LNTH	Sell	Lantheus Holdings Inc	$5,601,000	-16.0%	314,680	-16.7%	0.62%	-12.7%
KKR	Buy	KKR & Co LPltd part	$5,068,000	+25.1%	249,300	+13.4%	0.56%	+30.1%
SLRC	Buy	Solar Capital Ltd	$5,053,000	+288.7%	233,524	+292.9%	0.56%	+302.9%
MAA	Buy	Mid-America Apartment Communitreit	$4,686,000	+26.7%	43,840	+23.8%	0.52%	+32.0%
BBU	New	Brookfield Business Partners Lltd part	$3,252,000	–	110,100	–	0.36%	–
EPD	Sell	Enterprise Products Partners Lmlp	$2,842,000	-9.9%	109,000	-7.9%	0.32%	-6.2%
MMP	Sell	Magellan Midstream Partners LPmlp	$2,544,000	-7.6%	35,800	-8.4%	0.28%	-3.8%
PAA	Buy	Plains All American Pipeline Lmlp	$1,483,000	+4.8%	70,000	+27.3%	0.16%	+8.6%
WPZ	Buy	Williams Partners LPmlp	$1,435,000	+19.5%	36,889	+21.4%	0.16%	+24.2%
ET	Sell	Energy Transfer Equity LPmlp	$1,088,000	-9.0%	62,600	-7.4%	0.12%	-4.7%
WEX	New	WEX Inc	$1,071,000	–	9,546	–	0.12%	–
BWP	Sell	Boardwalk Pipeline Partners LPmlp	$970,000	-24.7%	66,000	-8.3%	0.11%	-21.2%
OKE	Sell	ONEOK Inc	$720,000	-6.7%	13,000	-13.3%	0.08%	-2.4%
PNNT	Buy	PennantPark Investment Corp	$676,000	+52.6%	90,000	+50.0%	0.08%	+59.6%
CBLAQ	New	CBL & Associates Properties Inreit	$663,000	–	79,000	–	0.07%	–
HCP	New	HCP Increit	$543,000	–	19,500	–	0.06%	–
HIW	New	Highwoods Properties Increit	$521,000	–	10,000	–	0.06%	–
MIC	New	Macquarie Infrastructure Corp	$484,000	–	6,700	–	0.05%	–
TWO	Buy	Two Harbors Investment Corpreit	$445,000	+169.7%	44,100	+165.7%	0.05%	+172.2%
OCSL	New	Oaktree Specialty Lending Corp	$361,000	–	66,000	–	0.04%	–
GRPN	Exit	Groupon Inc	$0	–	-137,213	–	-0.06%	–
FSC	Exit	Fifth Street Finance Corp	$0	–	-215,000	–	-0.11%	–
NTNX	Exit	Nutanix Inc	$0	–	-93,973	–	-0.20%	–
CACQ	Exit	Caesars Acquisition Co	$0	–	-1,370,273	–	-2.78%	–
NORD	Exit	Nord Anglia Education Inc	$0	–	-2,847,233	–	-9.89%	–

Q2 2017

			Value		Shares		↓ Weighting
BKFS	New	Black Knight Financial Service	$133,370,000	–	3,256,908	–	14.22%	–
HOME	New	At Home Group Inc	$121,988,000	–	5,237,797	–	13.00%	–
NORD	New	Nord Anglia Education Inc	$92,734,000	–	2,847,233	–	9.89%	–
ENB	New	Enbridge Inc	$46,801,000	–	1,189,911	–	4.99%	–
CCI	New	Crown Castle International Correit	$45,632,000	–	455,500	–	4.86%	–
AWK	New	American Water Works Co Inc	$45,448,000	–	586,040	–	4.84%	–
RSG	New	Republic Services Inc	$44,370,000	–	696,220	–	4.73%	–
KMI	New	Kinder Morgan Inc/DE	$42,368,000	–	2,224,937	–	4.52%	–
ATO	New	Atmos Energy Corp	$42,234,000	–	509,150	–	4.50%	–
TRP	New	TransCanada Corp	$41,297,000	–	866,300	–	4.40%	–
BIP	New	Brookfield Infrastructure Partltd part	$36,391,000	–	889,531	–	3.88%	–
UNP	New	Union Pacific Corp	$34,682,000	–	318,450	–	3.70%	–
CACQ	New	Caesars Acquisition Co	$26,104,000	–	1,370,273	–	2.78%	–
CNI	New	Canadian National Railway Co	$24,493,000	–	302,200	–	2.61%	–
UNVR	New	Univar Inc	$23,301,000	–	797,982	–	2.48%	–
ES	New	Eversource Energy	$20,285,000	–	334,126	–	2.16%	–
ARCC	New	Ares Capital Corp	$15,881,000	–	969,547	–	1.69%	–
SRE	New	Sempra Energy	$15,720,000	–	140,450	–	1.68%	–
APO	New	Apollo Global Management LLCmlp	$14,073,000	–	532,068	–	1.50%	–
CG	New	Carlyle Group LP/Themlp	$11,225,000	–	580,124	–	1.20%	–
FIS	New	Fidelity National Information	$11,005,000	–	128,868	–	1.17%	–
WMB	New	Williams Cos Inc/The	$8,724,000	–	288,100	–	0.93%	–
NMFC	New	New Mountain Finance Corp	$6,782,000	–	466,100	–	0.72%	–
LNTH	New	Lantheus Holdings Inc	$6,665,000	–	377,616	–	0.71%	–
KKR	New	KKR & Co LPmlp	$4,052,000	–	219,800	–	0.43%	–
MAA	New	Mid-America Apartment Communitreit	$3,698,000	–	35,400	–	0.39%	–
EPD	New	Enterprise Products Partners Lmlp	$3,155,000	–	118,300	–	0.34%	–
MMP	New	Magellan Midstream Partners LPmlp	$2,752,000	–	39,100	–	0.29%	–
NTNX	New	Nutanix Inc	$1,894,000	–	93,973	–	0.20%	–
PAA	New	Plains All American Pipeline Lmlp	$1,415,000	–	55,000	–	0.15%	–
SLRC	New	Solar Capital Ltd	$1,300,000	–	59,436	–	0.14%	–
BWP	New	Boardwalk Pipeline Partners LPmlp	$1,289,000	–	72,000	–	0.14%	–
WPZ	New	Williams Partners LPmlp	$1,201,000	–	30,389	–	0.13%	–
ET	New	Energy Transfer Equity LPmlp	$1,195,000	–	67,600	–	0.13%	–
FSC	New	Fifth Street Finance Corp	$1,045,000	–	215,000	–	0.11%	–
BPL	New	Buckeye Partners LPmlp	$782,000	–	12,500	–	0.08%	–
OKE	New	ONEOK Inc	$772,000	–	15,000	–	0.08%	–
ETP	New	Energy Transfer Partners LPmlp	$650,000	–	32,700	–	0.07%	–
GRPN	New	Groupon Inc	$527,000	–	137,213	–	0.06%	–
PNNT	New	PennantPark Investment Corp	$443,000	–	60,000	–	0.05%	–
TWO	New	Two Harbors Investment Corpreit	$165,000	–	16,600	–	0.02%	–
CXRXF	New	Concordia International Corp	$106,000	–	68,194	–	0.01%	–

Q4 2016

			Value		Shares		↓ Weighting
FIS	Exit	Fidelity National Information	$0	–	-3,060	–	-0.06%	–
TWO	Exit	Two Harbors Investment Corpreit	$0	–	-33,000	–	-0.07%	–
AR	Exit	Antero Resources Corp	$0	–	-14,787	–	-0.10%	–
NEP	Exit	NextEra Energy Partners LPltd part	$0	–	-20,000	–	-0.14%	–
WPZ	Exit	Williams Partners LPmlp	$0	–	-15,389	–	-0.14%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-22,500	–	-0.17%	–
PNNT	Exit	PennantPark Investment Corp	$0	–	-104,400	–	-0.19%	–
OKE	Exit	ONEOK Inc	$0	–	-17,000	–	-0.21%	–
ETP	Exit	Energy Transfer Partners LPmlp	$0	–	-28,000	–	-0.25%	–
ET	Exit	Energy Transfer Equity LPmlp	$0	–	-64,900	–	-0.27%	–
BWP	Exit	Boardwalk Pipeline Partners LPmlp	$0	–	-68,000	–	-0.29%	–
MIC	Exit	Macquarie Infrastructure Corp	$0	–	-14,400	–	-0.29%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-66,000	–	-0.50%	–
EA	Exit	Electronic Arts Inc	$0	–	-26,677	–	-0.56%	–
TCAP	Exit	Triangle Capital Corp	$0	–	-148,500	–	-0.72%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-108,400	–	-0.72%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-42,300	–	-0.72%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-323,300	–	-1.09%	–
ARCC	Exit	Ares Capital Corp	$0	–	-362,200	–	-1.38%	–
AVGTF	Exit	AVG Technologies NV	$0	–	-254,121	–	-1.56%	–
ACAS	Exit	American Capital Ltd	$0	–	-423,046	–	-1.75%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-480,000	–	-1.83%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-500,300	–	-2.20%	–
KKR	Exit	KKR & Co LPmlp	$0	–	-701,300	–	-2.45%	–
ES	Exit	Eversource Energy	$0	–	-228,126	–	-3.03%	–
CNI	Exit	Canadian National Railway Co	$0	–	-228,100	–	-3.66%	–
SE	Exit	Spectra Energy Corp	$0	–	-378,700	–	-3.97%	–
TRP	Exit	TransCanada Corp	$0	–	-342,000	–	-3.99%	–
SRE	Exit	Sempra Energy	$0	–	-159,900	–	-4.20%	–
RSG	Exit	Republic Services Inc	$0	–	-448,000	–	-5.54%	–
BIP	Exit	Brookfield Infrastructure Partltd part	$0	–	-798,196	–	-6.78%	–
ATO	Exit	Atmos Energy Corp	$0	–	-400,150	–	-7.31%	–
UNP	Exit	Union Pacific Corp	$0	–	-330,450	–	-7.90%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-1,401,637	–	-7.95%	–
ENB	Exit	Enbridge Inc	$0	–	-843,211	–	-9.15%	–
CCI	Exit	Crown Castle International Correit	$0	–	-407,000	–	-9.40%	–
AWK	Exit	American Water Works Co Inc	$0	–	-514,790	–	-9.45%	–

Q3 2016

			Value		Shares		↓ Weighting
AWK	Buy	American Water Works Co Inc	$38,527,000	+21.7%	514,790	+12.0%	9.45%	+19.0%
CCI	Buy	Crown Castle International Correit	$38,343,000	+20.8%	407,000	+11.0%	9.40%	+18.2%
ENB	Buy	Enbridge Inc	$37,295,000	+24.0%	843,211	+9.1%	9.15%	+21.3%
KMI	Buy	Kinder Morgan Inc/DE	$32,420,000	+46.9%	1,401,637	+13.4%	7.95%	+43.7%
UNP	Buy	Union Pacific Corp	$32,229,000	+42.4%	330,450	+16.1%	7.90%	+39.3%
ATO	Sell	Atmos Energy Corp	$29,799,000	-3.3%	400,150	-3.6%	7.31%	-5.4%
BIP	Buy	Brookfield Infrastructure Partltd part	$27,650,000	+1.5%	798,196	+23.4%	6.78%	-0.7%
RSG	Sell	Republic Services Inc	$22,602,000	+5.7%	448,000	-0.2%	5.54%	+3.4%
SRE	Buy	Sempra Energy	$17,140,000	+3.4%	159,900	+0.4%	4.20%	+1.2%
TRP	Buy	TransCanada Corp	$16,266,000	+26.3%	342,000	+4.4%	3.99%	+23.6%
SE	Buy	Spectra Energy Corp	$16,189,000	+42.4%	378,700	+2.0%	3.97%	+39.3%
CNI	New	Canadian National Railway Co	$14,918,000	–	228,100	–	3.66%	–
ES	Buy	Eversource Energy	$12,360,000	+0.6%	228,126	+8.4%	3.03%	-1.6%
KKR	Sell	KKR & Co LPmlp	$10,001,000	-55.2%	701,300	-53.9%	2.45%	-56.2%
APO	Sell	Apollo Global Management LLCmlp	$8,985,000	+3.6%	500,300	-1.3%	2.20%	+1.3%
ACAS	Sell	American Capital Ltd	$7,154,000	+2.3%	423,046	-7.8%	1.75%	0.0%
ARCC	Buy	Ares Capital Corp	$5,614,000	+25.8%	362,200	+20.4%	1.38%	+23.1%
NMFC	Buy	New Mountain Finance Corp	$4,449,000	+34.7%	323,300	+23.7%	1.09%	+31.8%
MMP	Buy	Magellan Midstream Partners LPmlp	$2,956,000	+13.6%	42,300	+11.9%	0.72%	+11.2%
EPD	Buy	Enterprise Products Partners Lmlp	$2,950,000	+28.3%	108,400	+16.1%	0.72%	+25.3%
EA	New	Electronic Arts Inc	$2,278,000	–	26,677	–	0.56%	–
PAA	Sell	Plains All American Pipeline Lmlp	$2,037,000	+24.5%	66,000	-15.4%	0.50%	+22.0%
ET	Sell	Energy Transfer Equity LPmlp	$1,090,000	+78.1%	64,900	-24.4%	0.27%	+74.5%
ETP	Sell	Energy Transfer Partners LPmlp	$1,036,000	-2.9%	28,000	-15.2%	0.25%	-4.9%
NEP	New	NextEra Energy Partners LPltd part	$559,000	–	20,000	–	0.14%	–
AR	New	Antero Resources Corp	$399,000	–	14,787	–	0.10%	–
TWO	Buy	Two Harbors Investment Corpreit	$281,000	+121.3%	33,000	+106.2%	0.07%	+115.6%
FIS	New	Fidelity National Information	$236,000	–	3,060	–	0.06%	–
PAGP	Exit	Plains GP Holdings LP	$0	–	-37,200	–	-0.08%	–
XCO	Exit	EXCO Resources Inc	$0	–	-1,657,894	–	-0.41%	–
CXRX	Exit	Concordia Healthcare Corp	$0	–	-68,194	–	-0.44%	–
BETR	Exit	Amplify Snack Brands Inc	$0	–	-445,015	–	-1.60%	–
WEX	Exit	WEX Inc	$0	–	-207,453	–	-4.34%	–
NXPI	Exit	NXP Semiconductors NV	$0	–	-326,701	–	-6.64%	–

Q2 2016

			Value		Shares		↓ Weighting
CCI	New	Crown Castle International Correit	$31,728,000	–	366,800	–	7.95%	–
AWK	New	American Water Works Co Inc	$31,669,000	–	459,440	–	7.94%	–
ATO	New	Atmos Energy Corp	$30,825,000	–	415,100	–	7.73%	–
ENB	New	Enbridge Inc	$30,085,000	–	773,200	–	7.54%	–
BIP	New	Brookfield Infrastructure Partltd part	$27,252,000	–	646,856	–	6.83%	–
NXPI	New	NXP Semiconductors NV	$26,486,000	–	326,701	–	6.64%	–
UNP	New	Union Pacific Corp	$22,636,000	–	284,550	–	5.67%	–
KKR	New	KKR & Co LPmlp	$22,328,000	–	1,519,936	–	5.60%	–
KMI	New	Kinder Morgan Inc/DE	$22,070,000	–	1,235,737	–	5.53%	–
RSG	New	Republic Services Inc	$21,381,000	–	448,700	–	5.36%	–
WEX	New	WEX Inc	$17,293,000	–	207,453	–	4.34%	–
SRE	New	Sempra Energy	$16,575,000	–	159,300	–	4.16%	–
TRP	New	TransCanada Corp	$12,878,000	–	327,600	–	3.23%	–
ES	New	Eversource Energy	$12,282,000	–	210,526	–	3.08%	–
SE	New	Spectra Energy Corp	$11,365,000	–	371,400	–	2.85%	–
APO	New	Apollo Global Management LLCmlp	$8,676,000	–	506,800	–	2.18%	–
CG	New	Carlyle Group LP/Themlp	$8,102,000	–	480,000	–	2.03%	–
ACAS	New	American Capital Ltd	$6,996,000	–	459,046	–	1.75%	–
BETR	New	Amplify Snack Brands Inc	$6,373,000	–	445,015	–	1.60%	–
AVGTF	New	AVG Technologies NV	$5,273,000	–	254,121	–	1.32%	–
ARCC	New	Ares Capital Corp	$4,464,000	–	300,800	–	1.12%	–
NMFC	New	New Mountain Finance Corp	$3,303,000	–	261,300	–	0.83%	–
TCAP	New	Triangle Capital Corp	$3,056,000	–	148,500	–	0.77%	–
MMP	New	Magellan Midstream Partners LPmlp	$2,601,000	–	37,800	–	0.65%	–
EPD	New	Enterprise Products Partners Lmlp	$2,300,000	–	93,400	–	0.58%	–
CXRX	New	Concordia Healthcare Corp	$1,746,000	–	68,194	–	0.44%	–
XCO	New	EXCO Resources Inc	$1,640,000	–	1,657,894	–	0.41%	–
PAA	New	Plains All American Pipeline Lmlp	$1,636,000	–	78,000	–	0.41%	–
ETP	New	Energy Transfer Partners LPmlp	$1,067,000	–	33,000	–	0.27%	–
BWP	New	Boardwalk Pipeline Partners LPmlp	$1,002,000	–	68,000	–	0.25%	–
MIC	New	Macquarie Infrastructure Corp	$971,000	–	14,400	–	0.24%	–
PNNT	New	PennantPark Investment Corp	$633,000	–	104,400	–	0.16%	–
ET	New	Energy Transfer Equity LPmlp	$612,000	–	85,900	–	0.15%	–
OKE	New	ONEOK Inc	$508,000	–	17,000	–	0.13%	–
WMB	New	Williams Cos Inc/The	$362,000	–	22,500	–	0.09%	–
PAGP	New	Plains GP Holdings LP	$323,000	–	37,200	–	0.08%	–
WPZ	New	Williams Partners LPmlp	$315,000	–	15,389	–	0.08%	–
TWO	New	Two Harbors Investment Corpreit	$127,000	–	16,000	–	0.03%	–

Q4 2015

			Value		Shares		↓ Weighting
AINV	Exit	Apollo Investment Corp	$0	–	-130,900	–	-0.20%	–
BKCC	Exit	BlackRock Capital Investment C	$0	–	-88,200	–	-0.22%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-22,500	–	-0.24%	–
WPZ	Exit	Williams Partners LPmlp	$0	–	-26,389	–	-0.24%	–
PSEC	Exit	Prospect Capital Corp	$0	–	-137,700	–	-0.28%	–
MIC	Exit	Macquarie Infrastructure Corp	$0	–	-13,200	–	-0.28%	–
OKE	Exit	ONEOK Inc	$0	–	-32,000	–	-0.29%	–
XCO	Exit	EXCO Resources Inc	$0	–	-1,657,894	–	-0.35%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-92,100	–	-0.36%	–
PNNT	Exit	PennantPark Investment Corp	$0	–	-270,900	–	-0.50%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-128,400	–	-0.63%	–
FSC	Exit	Fifth Street Finance Corp	$0	–	-365,300	–	-0.64%	–
ARCC	Exit	Ares Capital Corp	$0	–	-174,800	–	-0.72%	–
ET	Exit	Energy Transfer Equity LPmlp	$0	–	-122,900	–	-0.73%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-47,400	–	-0.81%	–
KMI	Exit	Kinder Morgan Inc/DE	$0	–	-103,737	–	-0.82%	–
ZAYO	Exit	Zayo Group Holdings Inc	$0	–	-150,295	–	-1.08%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-141,000	–	-1.22%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-204,900	–	-1.45%	–
AVGTF	Exit	AVG Technologies NV	$0	–	-254,121	–	-1.57%	–
SE	Exit	Spectra Energy Corp	$0	–	-328,400	–	-2.46%	–
PAGP	Exit	Plains GP Holdings LP	$0	–	-517,200	–	-2.58%	–
ES	Exit	Eversource Energy	$0	–	-210,326	–	-3.03%	–
KKR	Exit	KKR & Co LPmlp	$0	–	-730,836	–	-3.49%	–
ACAS	Exit	American Capital Ltd	$0	–	-1,020,046	–	-3.53%	–
JD	Exit	JD.com Incput	$0	–	-2,700,000	–	-3.73%	–
ITC	Exit	ITC Holdings Corp	$0	–	-413,413	–	-3.92%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-182,700	–	-3.98%	–
SRE	Exit	Sempra Energy	$0	–	-146,300	–	-4.03%	–
RSG	Exit	Republic Services Inc	$0	–	-393,400	–	-4.62%	–
ATO	Exit	Atmos Energy Corp	$0	–	-287,100	–	-4.76%	–
TRP	Exit	TransCanada Corp	$0	–	-552,200	–	-4.97%	–
UNP	Exit	Union Pacific Corp	$0	–	-226,100	–	-5.69%	–
ENB	Exit	Enbridge Inc	$0	–	-578,100	–	-6.11%	–
CCI	Exit	Crown Castle International Correit	$0	–	-318,500	–	-7.15%	–
BABA	Exit	Alibaba Group Holding Ltdput	$0	–	-430,000	–	-7.22%	–
BIP	Exit	Brookfield Infrastructure Partltd part	$0	–	-724,156	–	-7.58%	–
AWK	Exit	American Water Works Co Inc	$0	–	-542,140	–	-8.50%	–

Q3 2015

			Value		Shares		↓ Weighting
AWK	Sell	American Water Works Co Inc	$29,861,000	-22.3%	542,140	-31.4%	8.50%	-11.9%
BIP	Buy	Brookfield Infrastructure Partltd part	$26,627,000	+9.9%	724,156	+33.4%	7.58%	+24.6%
CCI	Sell	Crown Castle International Correit	$25,120,000	-5.3%	318,500	-3.6%	7.15%	+7.4%
ENB	Buy	Enbridge Inc	$21,465,000	-14.9%	578,100	+7.3%	6.11%	-3.4%
UNP	Buy	Union Pacific Corp	$19,990,000	-0.6%	226,100	+7.2%	5.69%	+12.7%
TRP	Buy	TransCanada Corp	$17,438,000	-20.5%	552,200	+2.3%	4.97%	-9.8%
ATO	Buy	Atmos Energy Corp	$16,703,000	+79.7%	287,100	+58.4%	4.76%	+103.8%
RSG	Sell	Republic Services Inc	$16,208,000	-5.6%	393,400	-10.3%	4.62%	+7.0%
SRE	Sell	Sempra Energy	$14,150,000	-21.7%	146,300	-19.9%	4.03%	-11.2%
NSC	Buy	Norfolk Southern Corp	$13,958,000	-2.6%	182,700	+11.4%	3.98%	+10.5%
ITC	Sell	ITC Holdings Corp	$13,783,000	-21.8%	413,413	-24.5%	3.92%	-11.3%
JD	Sell	JD.com Incput	$13,105,000	+73.1%	2,700,000	-22.9%	3.73%	+96.4%
ACAS	Sell	American Capital Ltd	$12,404,000	-14.0%	1,020,046	-4.2%	3.53%	-2.5%
KKR	Buy	KKR & Co LPmlp	$12,263,000	-20.1%	730,836	+8.8%	3.49%	-9.4%
ES	New	Eversource Energy	$10,647,000	–	210,326	–	3.03%	–
PAGP	Buy	Plains GP Holdings LP	$9,051,000	+2.7%	517,200	+51.7%	2.58%	+16.5%
SE	Sell	Spectra Energy Corp	$8,627,000	-20.0%	328,400	-0.8%	2.46%	-9.3%
AVGTF	Sell	AVG Technologies NV	$5,527,000	-36.2%	254,121	-20.2%	1.57%	-27.6%
EPD	Sell	Enterprise Products Partners Lmlp	$5,102,000	-21.3%	204,900	-5.5%	1.45%	-10.7%
PAA	Buy	Plains All American Pipeline Lmlp	$4,284,000	-29.3%	141,000	+1.4%	1.22%	-19.8%
ZAYO	New	Zayo Group Holdings Inc	$3,811,000	–	150,295	–	1.08%	–
MMP	Sell	Magellan Midstream Partners LPmlp	$2,849,000	-29.9%	47,400	-14.4%	0.81%	-20.6%
ET	Buy	Energy Transfer Equity LPmlp	$2,558,000	-32.1%	122,900	+109.4%	0.73%	-23.0%
ARCC	Buy	Ares Capital Corp	$2,531,000	+47.0%	174,800	+67.1%	0.72%	+66.9%
FSC	Buy	Fifth Street Finance Corp	$2,254,000	+39.7%	365,300	+48.3%	0.64%	+58.5%
APO	Sell	Apollo Global Management LLCmlp	$2,206,000	-39.2%	128,400	-21.6%	0.63%	-31.1%
PNNT	Buy	PennantPark Investment Corp	$1,753,000	+63.8%	270,900	+122.2%	0.50%	+85.5%
NMFC	Buy	New Mountain Finance Corp	$1,252,000	+67.4%	92,100	+78.5%	0.36%	+89.9%
MIC	Buy	Macquarie Infrastructure Corp	$986,000	+109.3%	13,200	+131.6%	0.28%	+138.1%
PSEC	Buy	Prospect Capital Corp	$982,000	+39.9%	137,700	+44.6%	0.28%	+59.1%
WPZ	Sell	Williams Partners LPmlp	$842,000	-40.8%	26,389	-10.2%	0.24%	-32.8%
WMB	Sell	Williams Cos Inc/The	$829,000	-51.0%	22,500	-23.7%	0.24%	-44.5%
BKCC	Sell	BlackRock Capital Investment C	$781,000	-15.6%	88,200	-12.8%	0.22%	-4.3%
AINV	Buy	Apollo Investment Corp	$717,000	-1.6%	130,900	+27.2%	0.20%	+11.5%
SCTY	Exit	SolarCity Corp	$0	–	-9,740	–	-0.13%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-149,347	–	-1.06%	–
CNP	Exit	CenterPoint Energy Inc	$0	–	-910,900	–	-4.35%	–

Q2 2015

			Value		Shares		↓ Weighting
AWK	New	American Water Works Co Inc	$38,425,000	–	790,140	–	9.65%	–
BABA	New	Alibaba Group Holding Ltdput	$35,376,000	–	430,000	–	8.88%	–
CCI	New	Crown Castle International Correit	$26,531,000	–	330,400	–	6.66%	–
ENB	New	Enbridge Inc	$25,210,000	–	538,800	–	6.33%	–
BIP	New	Brookfield Infrastructure Partltd part	$24,232,000	–	542,955	–	6.08%	–
TRP	New	TransCanada Corp	$21,935,000	–	540,000	–	5.51%	–
UNP	New	Union Pacific Corp	$20,114,000	–	210,900	–	5.05%	–
SRE	New	Sempra Energy	$18,066,000	–	182,600	–	4.54%	–
ITC	New	ITC Holdings Corp	$17,632,000	–	547,913	–	4.43%	–
CNP	New	CenterPoint Energy Inc	$17,334,000	–	910,900	–	4.35%	–
RSG	New	Republic Services Inc	$17,172,000	–	438,400	–	4.31%	–
KKR	New	KKR & Co LPmlp	$15,347,000	–	671,636	–	3.85%	–
ACAS	New	American Capital Ltd	$14,431,000	–	1,065,046	–	3.62%	–
NSC	New	Norfolk Southern Corp	$14,327,000	–	164,000	–	3.60%	–
SE	New	Spectra Energy Corp	$10,787,000	–	330,900	–	2.71%	–
ATO	New	Atmos Energy Corp	$9,297,000	–	181,300	–	2.33%	–
PAGP	New	Plains GP Holdings LP	$8,811,000	–	341,000	–	2.21%	–
AVGTF	New	AVG Technologies NV	$8,664,000	–	318,421	–	2.18%	–
JD	New	JD.com Incput	$7,569,000	–	3,500,000	–	1.90%	–
EPD	New	Enterprise Products Partners Lmlp	$6,483,000	–	216,900	–	1.63%	–
PAA	New	Plains All American Pipeline Lmlp	$6,056,000	–	139,000	–	1.52%	–
CG	New	Carlyle Group LP/Themlp	$4,204,000	–	149,347	–	1.06%	–
MMP	New	Magellan Midstream Partners LPmlp	$4,065,000	–	55,400	–	1.02%	–
KMI	New	Kinder Morgan Inc/DE	$3,982,000	–	103,737	–	1.00%	–
ET	New	Energy Transfer Equity LPmlp	$3,767,000	–	58,700	–	0.95%	–
APO	New	Apollo Global Management LLCmlp	$3,627,000	–	163,742	–	0.91%	–
XCO	New	EXCO Resources Inc	$1,956,000	–	1,657,894	–	0.49%	–
ARCC	New	Ares Capital Corp	$1,722,000	–	104,600	–	0.43%	–
WMB	New	Williams Cos Inc/The	$1,693,000	–	29,500	–	0.42%	–
FSC	New	Fifth Street Finance Corp	$1,613,000	–	246,300	–	0.40%	–
WPZ	New	Williams Partners LPmlp	$1,423,000	–	29,389	–	0.36%	–
OKE	New	ONEOK Inc	$1,263,000	–	32,000	–	0.32%	–
PNNT	New	PennantPark Investment Corp	$1,070,000	–	121,900	–	0.27%	–
BKCC	New	BlackRock Capital Investment C	$925,000	–	101,200	–	0.23%	–
NMFC	New	New Mountain Finance Corp	$748,000	–	51,600	–	0.19%	–
AINV	New	Apollo Investment Corp	$729,000	–	102,900	–	0.18%	–
PSEC	New	Prospect Capital Corp	$702,000	–	95,200	–	0.18%	–
SCTY	New	SolarCity Corp	$522,000	–	9,740	–	0.13%	–
MIC	New	Macquarie Infrastructure Corp	$471,000	–	5,700	–	0.12%	–

Q4 2014

			Value		Shares		↓ Weighting
PSEC	Exit	Prospect Capital Corp	$0	–	-23,700	–	-0.05%	–
BKCC	Exit	BlackRock Kelso Capital Corp	$0	–	-28,900	–	-0.05%	–
NMFC	Exit	New Mountain Finance Corp	$0	–	-20,500	–	-0.07%	–
CYS	Exit	CYS Investments Increit	$0	–	-37,900	–	-0.07%	–
STAG	Exit	STAG Industrial Increit	$0	–	-15,300	–	-0.07%	–
HCP	Exit	HCP Increit	$0	–	-8,100	–	-0.07%	–
MAA	Exit	Mid-America Apartment Communitreit	$0	–	-5,800	–	-0.08%	–
TWO	Exit	Two Harbors Investment Corpreit	$0	–	-41,600	–	-0.09%	–
PNNT	Exit	PennantPark Investment Corp	$0	–	-38,900	–	-0.09%	–
AINV	Exit	Apollo Investment Corp	$0	–	-61,900	–	-0.11%	–
FSC	Exit	Fifth Street Finance Corp	$0	–	-65,600	–	-0.13%	–
ARCC	Exit	Ares Capital Corp	$0	–	-45,500	–	-0.16%	–
HZNP	Exit	Horizon Pharma Plc	$0	–	-82,010	–	-0.22%	–
CRTO	Exit	Criteo SAadr	$0	–	-33,785	–	-0.25%	–
4945SC	Exit	Kinder Morgan Energy Partnersmlp	$0	–	-20,450	–	-0.42%	–
2108SC	Exit	El Paso Pipeline Partners LPmlp	$0	–	-49,800	–	-0.44%	–
NLSN	Exit	Nielsen NV	$0	–	-81,980	–	-0.79%	–
ET	Exit	Energy Transfer Equity LPmlp	$0	–	-65,500	–	-0.88%	–
XCO	Exit	EXCO Resources Inc	$0	–	-1,657,894	–	-1.21%	–
WPZ	Exit	Williams Partners LPmlp	$0	–	-111,900	–	-1.30%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-72,200	–	-1.33%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-275,742	–	-1.44%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-221,347	–	-1.47%	–
ITC	Exit	ITC Holdings Corp	$0	–	-209,700	–	-1.63%	–
CNP	Exit	CenterPoint Energy Inc	$0	–	-333,800	–	-1.78%	–
ANGO	Exit	AngioDynamics Inc	$0	–	-615,866	–	-1.85%	–
ATO	Exit	Atmos Energy Corp	$0	–	-184,700	–	-1.92%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-162,000	–	-2.08%	–
SERV	Exit	ServiceMaster Global Holdings	$0	–	-399,924	–	-2.11%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-251,700	–	-2.22%	–
AVGTF	Exit	AVG Technologies NV	$0	–	-636,844	–	-2.31%	–
ED	Exit	Consolidated Edison Inc	$0	–	-211,800	–	-2.62%	–
PAGP	Exit	Plains GP Holdings LPmlp	$0	–	-396,000	–	-2.65%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-221,391	–	-2.68%	–
ACAS	Exit	American Capital Ltd	$0	–	-1,020,046	–	-3.16%	–
KKR	Exit	KKR & Co LPmlp	$0	–	-686,636	–	-3.34%	–
CZR	Exit	Caesars Entertainment Corp	$0	–	-1,375,095	–	-3.78%	–
SRE	Exit	Sempra Energy	$0	–	-179,600	–	-4.13%	–
UNP	Exit	Union Pacific Corp	$0	–	-179,200	–	-4.24%	–
BIP	Exit	Brookfield Infrastructure Partmlp	$0	–	-621,555	–	-5.16%	–
TRP	Exit	TransCanada Corp	$0	–	-459,600	–	-5.17%	–
CCI	Exit	Crown Castle International Correit	$0	–	-295,500	–	-5.20%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-229,300	–	-5.59%	–
RSG	Exit	Republic Services Inc	$0	–	-679,700	–	-5.79%	–
FSL	Exit	Freescale Semiconductor Ltd	$0	–	-1,387,171	–	-5.92%	–
AWK	Exit	American Water Works Co Inc	$0	–	-632,900	–	-6.67%	–
ENB	Exit	Enbridge Inc	$0	–	-689,800	–	-7.21%	–

Q3 2014

			Value		Shares		↓ Weighting
ENB	Sell	Enbridge Inc	$33,028,000	-4.3%	689,800	-5.1%	7.21%	-13.6%
AWK	Buy	American Water Works Co Inc	$30,525,000	+25.0%	632,900	+28.1%	6.67%	+12.8%
FSL	New	Freescale Semiconductor Ltd	$27,091,000	–	1,387,171	–	5.92%	–
RSG	Sell	Republic Services Inc	$26,522,000	-7.4%	679,700	-9.9%	5.79%	-16.5%
NSC	Sell	Norfolk Southern Corp	$25,590,000	+3.6%	229,300	-4.4%	5.59%	-6.6%
CCI	Sell	Crown Castle International Correit	$23,797,000	+4.6%	295,500	-3.6%	5.20%	-5.7%
TRP	Buy	TransCanada Corp	$23,683,000	+12.4%	459,600	+4.1%	5.17%	+1.4%
BIP	Buy	Brookfield Infrastructure Partmlp	$23,619,000	-5.2%	621,555	+4.1%	5.16%	-14.5%
UNP	Sell	Union Pacific Corp	$19,429,000	+5.3%	179,200	-3.1%	4.24%	-5.0%
SRE	Sell	Sempra Energy	$18,926,000	-1.1%	179,600	-1.8%	4.13%	-10.8%
CZR	New	Caesars Entertainment Corp	$17,299,000	–	1,375,095	–	3.78%	–
KKR	Sell	KKR & Co LPmlp	$15,312,000	-16.4%	686,636	-8.8%	3.34%	-24.6%
ACAS	Sell	American Capital Ltd	$14,444,000	-34.3%	1,020,046	-29.1%	3.16%	-40.7%
WMB	Buy	Williams Cos Inc/The	$12,254,000	+5.0%	221,391	+10.5%	2.68%	-5.2%
PAGP	Buy	Plains GP Holdings LPmlp	$12,137,000	+35.5%	396,000	+41.4%	2.65%	+22.2%
ED	Sell	Consolidated Edison Inc	$12,001,000	-6.6%	211,800	-4.8%	2.62%	-15.7%
EPD	Buy	Enterprise Products Partners Lmlp	$10,144,000	-14.3%	251,700	+66.6%	2.22%	-22.6%
SERV	New	ServiceMaster Global Holdings	$9,678,000	–	399,924	–	2.11%	–
PAA	Sell	Plains All American Pipeline Lmlp	$9,535,000	-8.3%	162,000	-6.5%	2.08%	-17.3%
ATO	Buy	Atmos Energy Corp	$8,810,000	-7.7%	184,700	+3.4%	1.92%	-16.7%
ANGO	New	AngioDynamics Inc	$8,450,000	–	615,866	–	1.85%	–
CNP	Buy	CenterPoint Energy Inc	$8,168,000	+0.8%	333,800	+5.2%	1.78%	-9.1%
ITC	Sell	ITC Holdings Corp	$7,472,000	-37.3%	209,700	-35.8%	1.63%	-43.4%
CG	Sell	Carlyle Group LP/Themlp	$6,742,000	-16.7%	221,347	-7.1%	1.47%	-24.8%
MMP	Sell	Magellan Midstream Partners LPmlp	$6,078,000	-12.5%	72,200	-12.7%	1.33%	-21.1%
WPZ	Sell	Williams Partners LPmlp	$5,936,000	-14.5%	111,900	-12.5%	1.30%	-22.9%
ET	Sell	Energy Transfer Equity LPmlp	$4,041,000	-23.0%	65,500	-26.4%	0.88%	-30.5%
NLSN	New	Nielsen NV	$3,634,000	–	81,980	–	0.79%	–
2108SC	Sell	El Paso Pipeline Partners LPmlp	$2,000,000	-19.8%	49,800	-27.6%	0.44%	-27.6%
4945SC	Sell	Kinder Morgan Energy Partnersmlp	$1,908,000	-17.0%	20,450	-26.8%	0.42%	-25.0%
CRTO	New	Criteo SAadr	$1,137,000	–	33,785	–	0.25%	–
HZNP	New	Horizon Pharma Plc	$1,007,000	–	82,010	–	0.22%	–
ARCC	Sell	Ares Capital Corp	$735,000	-43.9%	45,500	-37.9%	0.16%	-49.2%
FSC	Sell	Fifth Street Finance Corp	$602,000	-31.0%	65,600	-26.1%	0.13%	-37.9%
AINV	Sell	Apollo Investment Corp	$506,000	-27.3%	61,900	-23.4%	0.11%	-34.3%
PNNT	Sell	PennantPark Investment Corp	$424,000	-35.2%	38,900	-31.9%	0.09%	-41.1%
MAA	Buy	Mid-America Apartment Communitreit	$381,000	+4.4%	5,800	+16.0%	0.08%	-5.7%
HCP	Sell	HCP Increit	$322,000	-25.8%	8,100	-22.9%	0.07%	-33.3%
STAG	New	STAG Industrial Increit	$317,000	–	15,300	–	0.07%	–
CYS	Buy	CYS Investments Increit	$312,000	+5.1%	37,900	+15.2%	0.07%	-5.6%
NMFC	Sell	New Mountain Finance Corp	$301,000	-27.1%	20,500	-26.3%	0.07%	-34.0%
BKCC	Sell	BlackRock Kelso Capital Corp	$247,000	-15.1%	28,900	-9.4%	0.05%	-22.9%
PSEC	Buy	Prospect Capital Corp	$235,000	+4.4%	23,700	+11.8%	0.05%	-5.6%
BOXC	Exit	Brookfield Canada Office Propereit	$0	–	-8,800	–	-0.06%	–
BV	Exit	Bazaarvoice Inc	$0	–	-47,647	–	-0.09%	–

Q2 2014

			Value		Shares		↓ Weighting
ENB	New	Enbridge Inc	$34,506,000	–	726,900	–	8.35%	–
RSG	New	Republic Services Inc	$28,648,000	–	754,500	–	6.94%	–
BIP	New	Brookfield Infrastructure Partmlp	$24,909,000	–	597,055	–	6.03%	–
NSC	New	Norfolk Southern Corp	$24,707,000	–	239,800	–	5.98%	–
AWK	New	American Water Works Co Inc	$24,423,000	–	493,900	–	5.91%	–
CCI	New	Crown Castle International Correit	$22,761,000	–	306,500	–	5.51%	–
ACAS	New	American Capital Ltd	$21,983,000	–	1,437,746	–	5.32%	–
TRP	New	TransCanada Corp	$21,073,000	–	441,600	–	5.10%	–
SRE	New	Sempra Energy	$19,141,000	–	182,800	–	4.63%	–
UNP	New	Union Pacific Corp	$18,454,000	–	185,000	–	4.47%	–
KKR	New	KKR & Co LPmlp	$18,312,000	–	752,636	–	4.43%	–
ED	New	Consolidated Edison Inc	$12,847,000	–	222,500	–	3.11%	–
AVGTF	New	AVG Technologies NV	$12,820,000	–	636,844	–	3.10%	–
ITC	New	ITC Holdings Corp	$11,918,000	–	326,700	–	2.88%	–
EPD	New	Enterprise Products Partners Lmlp	$11,830,000	–	151,100	–	2.86%	–
WMB	New	Williams Cos Inc/The	$11,665,000	–	200,391	–	2.82%	–
PAA	New	Plains All American Pipeline Lmlp	$10,401,000	–	173,200	–	2.52%	–
XCO	New	EXCO Resources Inc	$9,765,000	–	1,657,894	–	2.36%	–
ATO	New	Atmos Energy Corp	$9,543,000	–	178,700	–	2.31%	–
PAGP	New	Plains GP Holdings LPmlp	$8,957,000	–	280,000	–	2.17%	–
CNP	New	CenterPoint Energy Inc	$8,104,000	–	317,300	–	1.96%	–
CG	New	Carlyle Group LP/Themlp	$8,094,000	–	238,347	–	1.96%	–
APO	New	Apollo Global Management LLCmlp	$7,644,000	–	275,742	–	1.85%	–
MMP	New	Magellan Midstream Partners LPmlp	$6,950,000	–	82,700	–	1.68%	–
WPZ	New	Williams Partners LPmlp	$6,944,000	–	127,900	–	1.68%	–
ET	New	Energy Transfer Equity LPmlp	$5,246,000	–	89,000	–	1.27%	–
2108SC	New	El Paso Pipeline Partners LPmlp	$2,493,000	–	68,800	–	0.60%	–
4945SC	New	Kinder Morgan Energy Partnersmlp	$2,298,000	–	27,950	–	0.56%	–
ARCC	New	Ares Capital Corp	$1,309,000	–	73,300	–	0.32%	–
FSC	New	Fifth Street Finance Corp	$873,000	–	88,800	–	0.21%	–
AINV	New	Apollo Investment Corp	$696,000	–	80,850	–	0.17%	–
PNNT	New	PennantPark Investment Corp	$654,000	–	57,100	–	0.16%	–
TWO	New	Two Harbors Investment Corpreit	$436,000	–	41,600	–	0.11%	–
HCP	New	HCP Increit	$434,000	–	10,500	–	0.10%	–
NMFC	New	New Mountain Finance Corp	$413,000	–	27,800	–	0.10%	–
BV	New	Bazaarvoice Inc	$376,000	–	47,647	–	0.09%	–
MAA	New	Mid-America Apartment Communitreit	$365,000	–	5,000	–	0.09%	–
CYS	New	CYS Investments Increit	$297,000	–	32,900	–	0.07%	–
BKCC	New	BlackRock Kelso Capital Corp	$291,000	–	31,900	–	0.07%	–
BOXC	New	Brookfield Canada Office Propereit	$226,000	–	8,800	–	0.06%	–
PSEC	New	Prospect Capital Corp	$225,000	–	21,200	–	0.05%	–

Q4 2013

			Value		Shares		↓ Weighting
ESSX	Exit	Essex Rental Corp	$0	–	-21,074	–	-0.02%	–
SIRI	Exit	Sirius XM Radio Inc	$0	–	-25,000	–	-0.03%	–
AINV	Exit	Apollo Investment Corp	$0	–	-16,050	–	-0.04%	–
HMA	Exit	Health Management Associates I	$0	–	-12,100	–	-0.04%	–
DELL	Exit	Dell Inc	$0	–	-11,300	–	-0.04%	–
AVID	Exit	Avid Technology Inc	$0	–	-32,744	–	-0.05%	–
YHOO	Exit	Yahoo! Inc	$0	–	-7,000	–	-0.06%	–
IXC	Exit	iShares Global Energy ETFetp	$0	–	-5,600	–	-0.06%	–
FSC	Exit	Fifth Street Finance Corp	$0	–	-24,700	–	-0.07%	–
IXJ	Exit	iShares Global Healthcare ETFetp	$0	–	-3,200	–	-0.07%	–
EMC	Exit	EMC Corp/MA	$0	–	-10,000	–	-0.07%	–
INTC	Exit	Intel Corp	$0	–	-11,400	–	-0.07%	–
MSFT	Exit	Microsoft Corp	$0	–	-9,000	–	-0.08%	–
SLRC	Exit	Solar Capital Ltd	$0	–	-13,500	–	-0.08%	–
PNNT	Exit	PennantPark Investment Corp	$0	–	-26,700	–	-0.08%	–
ACAS	Exit	American Capital Ltd	$0	–	-37,700	–	-0.14%	–
ARCC	Exit	Ares Capital Corp	$0	–	-30,200	–	-0.14%	–
CCK	Exit	Crown Holdings Inc	$0	–	-12,700	–	-0.15%	–
GLD	Exit	SPDR Gold Sharesetp	$0	–	-4,800	–	-0.17%	–
BRF	Exit	Market Vectors Brazil Small-Caetp	$0	–	-20,750	–	-0.19%	–
OAK	Exit	Oaktree Capital Group LLCmlp	$0	–	-16,250	–	-0.24%	–
BWP	Exit	Boardwalk Pipeline Partners LPmlp	$0	–	-29,900	–	-0.25%	–
QQQ	Exit	Powershares QQQ Trust Series 1etp	$0	–	-14,070	–	-0.31%	–
LPI	Exit	Laredo Petroleum Holdings Inc	$0	–	-39,797	–	-0.33%	–
CARB	Exit	Carbonite Inc	$0	–	-139,912	–	-0.58%	–
WPZ	Exit	Williams Partners LPmlp	$0	–	-66,900	–	-0.98%	–
4945SC	Exit	Kinder Morgan Energy Partnersmlp	$0	–	-44,550	–	-0.99%	–
2108SC	Exit	El Paso Pipeline Partners LPmlp	$0	–	-87,800	–	-1.03%	–
MMP	Exit	Magellan Midstream Partners LPmlp	$0	–	-69,800	–	-1.09%	–
SPY	Exit	SPDR S&P 500 ETF Trustetp	$0	–	-25,305	–	-1.18%	–
WMB	Exit	Williams Cos Inc/The	$0	–	-131,200	–	-1.32%	–
ET	Exit	Energy Transfer Equity LPmlp	$0	–	-73,500	–	-1.34%	–
CG	Exit	Carlyle Group LP/Themlp	$0	–	-247,347	–	-1.77%	–
GRPN	Exit	Groupon Inc	$0	–	-625,681	–	-1.95%	–
PAA	Exit	Plains All American Pipeline Lmlp	$0	–	-146,300	–	-2.14%	–
KMR	Exit	Kinder Morgan Management LLC	$0	–	-134,324	–	-2.75%	–
ITC	Exit	ITC Holdings Corp	$0	–	-112,050	–	-2.92%	–
XCO	Exit	EXCO Resources Inc	$0	–	-1,657,894	–	-3.10%	–
APO	Exit	Apollo Global Management LLCmlp	$0	–	-399,714	–	-3.14%	–
EPD	Exit	Enterprise Products Partners Lmlp	$0	–	-189,600	–	-3.22%	–
CNP	Exit	CenterPoint Energy Inc	$0	–	-593,200	–	-3.95%	–
ATO	Exit	Atmos Energy Corp	$0	–	-338,500	–	-4.01%	–
AVGTF	Exit	AVG Technologies NV	$0	–	-636,844	–	-4.24%	–
UNP	Exit	Union Pacific Corp	$0	–	-101,100	–	-4.36%	–
KKR	Exit	KKR & Co LPmlp	$0	–	-765,636	–	-4.38%	–
BIP	Exit	Brookfield Infrastructure Partmlp	$0	–	-473,855	–	-5.01%	–
TRP	Exit	TransCanada Corp	$0	–	-416,300	–	-5.08%	–
RSG	Exit	Republic Services Inc	$0	–	-591,500	–	-5.48%	–
NSC	Exit	Norfolk Southern Corp	$0	–	-255,400	–	-5.49%	–
SRE	Exit	Sempra Energy	$0	–	-232,200	–	-5.52%	–
CCI	Exit	Crown Castle International Cor	$0	–	-278,700	–	-5.66%	–
ENB	Exit	Enbridge Inc	$0	–	-605,100	–	-7.02%	–
AWK	Exit	American Water Works Co Inc	$0	–	-652,300	–	-7.48%	–

Q3 2013

			Value		Shares		↓ Weighting
AWK	Buy	American Water Works Co Inc	$26,927,000	+54.7%	652,300	+55.3%	7.48%	+20.7%
ENB	Buy	Enbridge Inc	$25,257,000	+18.8%	605,100	+32.4%	7.02%	-7.4%
CCI	Buy	Crown Castle International Cor	$20,353,000	+84.4%	278,700	+75.8%	5.66%	+43.8%
SRE	Buy	Sempra Energy	$19,876,000	+37.9%	232,200	+28.8%	5.52%	+7.5%
NSC	Buy	Norfolk Southern Corp	$19,755,000	+12.1%	255,400	+11.7%	5.49%	-12.6%
RSG	Buy	Republic Services Inc	$19,732,000	+37.4%	591,500	+35.9%	5.48%	+7.2%
TRP	Buy	TransCanada Corp	$18,292,000	+13.6%	416,300	+23.8%	5.08%	-11.5%
BIP	Buy	Brookfield Infrastructure Partmlp	$18,016,000	+199.6%	473,855	+199.9%	5.01%	+133.6%
KKR	Sell	KKR & Co LPmlp	$15,757,000	+5.4%	765,636	-1.0%	4.38%	-17.8%
UNP	Buy	Union Pacific Corp	$15,705,000	+36.8%	101,100	+25.4%	4.36%	+6.7%
ATO	Buy	Atmos Energy Corp	$14,417,000	+57.3%	338,500	+57.7%	4.01%	+22.7%
CNP	Sell	CenterPoint Energy Inc	$14,219,000	-0.2%	593,200	-0.3%	3.95%	-22.2%
EPD	Buy	Enterprise Products Partners Lmlp	$11,573,000	+40.3%	189,600	+38.6%	3.22%	+9.4%
APO	Buy	Apollo Global Management LLCmlp	$11,296,000	+66.9%	399,714	+27.8%	3.14%	+30.1%
ITC	Sell	ITC Holdings Corp	$10,517,000	-10.8%	112,050	-15.2%	2.92%	-30.5%
KMR	Buy	Kinder Morgan Management LLC	$9,895,000	+107.8%	134,324	+144.2%	2.75%	+62.0%
PAA	Buy	Plains All American Pipeline Lmlp	$7,704,000	+40.5%	146,300	+50.7%	2.14%	+9.6%
GRPN	New	Groupon Inc	$7,015,000	–	625,681	–	1.95%	–
CG	Buy	Carlyle Group LP/Themlp	$6,362,000	-9.3%	247,347	+6.7%	1.77%	-29.3%
ET	Buy	Energy Transfer Equity LPmlp	$4,835,000	+40.6%	73,500	+25.0%	1.34%	+9.6%
WMB	New	Williams Cos Inc/The	$4,770,000	–	131,200	–	1.32%	–
MMP	Buy	Magellan Midstream Partners LPmlp	$3,939,000	+42.6%	69,800	+35.0%	1.09%	+11.2%
2108SC	Buy	El Paso Pipeline Partners LPmlp	$3,707,000	+35.2%	87,800	+40.5%	1.03%	+5.4%
4945SC	Buy	Kinder Morgan Energy Partnersmlp	$3,556,000	+79.3%	44,550	+101.6%	0.99%	+39.7%
WPZ	Buy	Williams Partners LPmlp	$3,538,000	+27.9%	66,900	+25.3%	0.98%	-0.3%
CARB	New	Carbonite Inc	$2,099,000	–	139,912	–	0.58%	–
LPI	New	Laredo Petroleum Holdings Inc	$1,181,000	–	39,797	–	0.33%	–
BWP	Buy	Boardwalk Pipeline Partners LPmlp	$908,000	+29.7%	29,900	+25.1%	0.25%	+1.2%
OAK	Sell	Oaktree Capital Group LLCmlp	$851,000	-33.3%	16,250	-35.0%	0.24%	-48.0%
BRF	Sell	Market Vectors Brazil Small-Caetp	$693,000	-25.3%	20,750	-9.8%	0.19%	-41.7%
ARCC	Buy	Ares Capital Corp	$522,000	+23.7%	30,200	+29.6%	0.14%	-3.3%
ACAS	Buy	American Capital Ltd	$518,000	+5.3%	37,700	+11.9%	0.14%	-17.7%
PNNT	Buy	PennantPark Investment Corp	$301,000	+6.4%	26,700	+6.5%	0.08%	-16.8%
SLRC	New	Solar Capital Ltd	$299,000	–	13,500	–	0.08%	–
MSFT	Sell	Microsoft Corp	$300,000	-22.3%	9,000	-33.3%	0.08%	-39.9%
INTC	Buy	Intel Corp	$261,000	+19.7%	11,400	+14.0%	0.07%	-6.4%
FSC	Buy	Fifth Street Finance Corp	$254,000	+1.6%	24,700	+8.8%	0.07%	-20.2%
YHOO	New	Yahoo! Inc	$232,000	–	7,000	–	0.06%	–
HMA	New	Health Management Associates I	$155,000	–	12,100	–	0.04%	–
DELL	Buy	Dell Inc	$155,000	-3.1%	11,300	+0.9%	0.04%	-24.6%
AINV	Buy	Apollo Investment Corp	$131,000	+20.2%	16,050	+23.0%	0.04%	-7.7%
ESSX	New	Essex Rental Corp	$72,000	–	21,074	–	0.02%	–
HNZ	Exit	HJ Heinz Co	$0	–	-4,300	–	-0.11%	–
HCBK	Exit	Hudson City Bancorp Inc	$0	–	-36,600	–	-0.11%	–
BRY	Exit	Berry Petroleum Co	$0	–	-6,900	–	-0.11%	–
CLWR	Exit	Clearwire Corp	$0	–	-98,800	–	-0.11%	–
ALTE	Exit	Alterra Capital Holdings Ltd	$0	–	-10,200	–	-0.11%	–
CVH	Exit	Coventry Health Care Inc	$0	–	-6,900	–	-0.12%	–
NYX	Exit	NYSE Euronext	$0	–	-8,500	–	-0.12%	–
PXP	Exit	Plains Exploration & Productio	$0	–	-7,000	–	-0.12%	–
CPNO	Exit	Copano Energy LLCmlp	$0	–	-8,200	–	-0.12%	–
SPLK	Exit	Splunk Inc	$0	–	-13,270	–	-0.19%	–
TNAV	Exit	Telenav Inc	$0	–	-143,550	–	-0.33%	–
EVER	Exit	EverBank Financial Corp	$0	–	-76,326	–	-0.42%	–
ONE	Exit	Higher One Holdings Inc	$0	–	-202,931	–	-0.64%	–
OPK	Exit	Opko Health Inc	$0	–	-306,124	–	-0.83%	–
AMT	Exit	American Tower Corpreit	$0	–	-156,500	–	-4.29%	–

Q2 2013

			Value		Shares		↓ Weighting
ENB	New	Enbridge Inc	$21,264,000	–	456,900	–	7.58%	–
NSC	New	Norfolk Southern Corp	$17,628,000	–	228,700	–	6.28%	–
AWK	New	American Water Works Co Inc	$17,401,000	–	419,900	–	6.20%	–
TRP	New	TransCanada Corp	$16,108,000	–	336,350	–	5.74%	–
KKR	New	KKR & Co LPmlp	$14,946,000	–	773,636	–	5.33%	–
SRE	New	Sempra Energy	$14,413,000	–	180,300	–	5.14%	–
RSG	New	Republic Services Inc	$14,358,000	–	435,100	–	5.12%	–
CNP	New	CenterPoint Energy Inc	$14,251,000	–	594,800	–	5.08%	–
AMT	New	American Tower Corpreit	$12,038,000	–	156,500	–	4.29%	–
XCO	New	EXCO Resources Inc	$11,821,000	–	1,657,894	–	4.21%	–
ITC	New	ITC Holdings Corp	$11,791,000	–	132,100	–	4.20%	–
UNP	New	Union Pacific Corp	$11,478,000	–	80,600	–	4.09%	–
CCI	New	Crown Castle International Cor	$11,038,000	–	158,500	–	3.93%	–
ATO	New	Atmos Energy Corp	$9,166,000	–	214,700	–	3.27%	–
AVGTF	New	AVG Technologies NV	$8,865,000	–	636,844	–	3.16%	–
EPD	New	Enterprise Products Partners Lmlp	$8,248,000	–	136,800	–	2.94%	–
CG	New	Carlyle Group LP/Themlp	$7,013,000	–	231,847	–	2.50%	–
APO	New	Apollo Global Management LLCmlp	$6,768,000	–	312,742	–	2.41%	–
BIP	New	Brookfield Infrastructure Partmlp	$6,013,000	–	158,000	–	2.14%	–
PAA	New	Plains All American Pipeline Lmlp	$5,484,000	–	97,100	–	1.95%	–
KMR	New	Kinder Morgan Management LLC	$4,761,000	–	55,000	–	1.70%	–
SPY	New	SPDR S&P 500 ETF Trustetp	$3,964,000	–	25,305	–	1.41%	–
ET	New	Energy Transfer Equity LPmlp	$3,439,000	–	58,800	–	1.22%	–
WPZ	New	Williams Partners LPmlp	$2,766,000	–	53,400	–	0.99%	–
MMP	New	Magellan Midstream Partners LPmlp	$2,762,000	–	51,700	–	0.98%	–
2108SC	New	El Paso Pipeline Partners LPmlp	$2,741,000	–	62,500	–	0.98%	–
OPK	New	Opko Health Inc	$2,336,000	–	306,124	–	0.83%	–
4945SC	New	Kinder Morgan Energy Partnersmlp	$1,983,000	–	22,100	–	0.71%	–
ONE	New	Higher One Holdings Inc	$1,804,000	–	202,931	–	0.64%	–
OAK	New	Oaktree Capital Group LLCmlp	$1,275,000	–	25,000	–	0.45%	–
EVER	New	EverBank Financial Corp	$1,175,000	–	76,326	–	0.42%	–
QQQ	New	Powershares QQQ Trust Series 1etp	$970,000	–	14,070	–	0.35%	–
BRF	New	Market Vectors Brazil Small-Caetp	$928,000	–	23,000	–	0.33%	–
TNAV	New	Telenav Inc	$926,000	–	143,550	–	0.33%	–
GLD	New	SPDR Gold Sharesetp	$741,000	–	4,800	–	0.26%	–
BWP	New	Boardwalk Pipeline Partners LPmlp	$700,000	–	23,900	–	0.25%	–
SPLK	New	Splunk Inc	$531,000	–	13,270	–	0.19%	–
CCK	New	Crown Holdings Inc	$528,000	–	12,700	–	0.19%	–
ACAS	New	American Capital Ltd	$492,000	–	33,700	–	0.18%	–
ARCC	New	Ares Capital Corp	$422,000	–	23,300	–	0.15%	–
MSFT	New	Microsoft Corp	$386,000	–	13,500	–	0.14%	–
PXP	New	Plains Exploration & Productio	$332,000	–	7,000	–	0.12%	–
CPNO	New	Copano Energy LLCmlp	$332,000	–	8,200	–	0.12%	–
NYX	New	NYSE Euronext	$328,000	–	8,500	–	0.12%	–
CVH	New	Coventry Health Care Inc	$325,000	–	6,900	–	0.12%	–
BRY	New	Berry Petroleum Co	$319,000	–	6,900	–	0.11%	–
CLWR	New	Clearwire Corp	$320,000	–	98,800	–	0.11%	–
ALTE	New	Alterra Capital Holdings Ltd	$321,000	–	10,200	–	0.11%	–
HCBK	New	Hudson City Bancorp Inc	$316,000	–	36,600	–	0.11%	–
HNZ	New	HJ Heinz Co	$311,000	–	4,300	–	0.11%	–
PNNT	New	PennantPark Investment Corp	$283,000	–	25,064	–	0.10%	–
FSC	New	Fifth Street Finance Corp	$250,000	–	22,700	–	0.09%	–
EMC	New	EMC Corp/MA	$239,000	–	10,000	–	0.08%	–
IXJ	New	iShares S&P Global Healthcareetp	$236,000	–	3,200	–	0.08%	–
IXC	New	iShares S&P Global Energy Sectetp	$224,000	–	5,600	–	0.08%	–
INTC	New	Intel Corp	$218,000	–	10,000	–	0.08%	–
AVID	New	Avid Technology Inc	$205,000	–	32,744	–	0.07%	–
DELL	New	Dell Inc	$160,000	–	11,200	–	0.06%	–
AINV	New	Apollo Investment Corp	$109,000	–	13,050	–	0.04%	–
SIRI	New	Sirius XM Radio Inc	$77,000	–	25,000	–	0.03%	–

Compare quarters

Export Partners Group Holding AG's holdings