Blackhill Capital 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS COM	COM	002824100	18,117	372,710	SH		SOLE		372,710	0	0
ABBVIE INC COM	COM	00287Y109	14,767	203,660	SH		SOLE		203,660	0	0
ALPHABET INC CAP STK CL C	COM	02079K107	757	833	SH		SOLE		833	0	0
ALPHABET INC CL A	COM	02079K305	717	771	SH		SOLE		771	0	0
ALTRIA GROUP INC COM	COM	02209S103	127	1,700	SH		SOLE		1,700	0	0
AMAZON COM INC	COM	023135106	77	80	SH		SOLE		80	0	0
AMERICAN STS WTR CO COM	COM	029899101	512	10,800	SH		SOLE		10,800	0	0
AMERICAN WTR WKS CO INC NEW COM	COM	030420103	468	6,000	SH		SOLE		6,000	0	0
APPLE INC COM	COM	037833100	9,472	65,772	SH		SOLE		65,772	0	0
AQUA AMER INC COM	COM	03836W103	867	26,041	SH		SOLE		26,041	0	0
BANK OF NEW YORK MELLON CORP COM	COM	064058100	51	1,000	SH		SOLE		1,000	0	0
BAXTER INTL INC COM	COM	071813109	6,896	113,900	SH		SOLE		113,900	0	0
BERKSHIRE HATHAWAY INC DEL CL A	COM	084670108	1,528	6	SH		SOLE		6	0	0
BERKSHIRE HATHAWAY INC DEL CL B NEW	COM	084670702	4,141	24,450	SH		SOLE		24,450	0	0
BOARDWALK PIPELINE PARTNERS LP COM UNIT LT	COM	096627104	180	10,000	SH		SOLE		10,000	0	0
BRISTOL MYERS SQUIBB CO COM	COM	110122108	26,095	468,325	SH		SOLE		468,325	0	0
BUCKEYE PARTNERS L P UNIT LTD PARTNERSHIP	COM	118230101	1,731	27,074	SH		SOLE		27,074	0	0
CAFEPRESS INC COM	COM	12769A103	235	94,605	SH		SOLE		94,605	0	0
CALIFORNIA WTR SVC GROUP INC	COM	130788102	280	7,600	SH		SOLE		7,600	0	0
CATERPILLAR INC COM	COM	149123101	6,448	60,005	SH		SOLE		60,005	0	0
CELGENE CORP	COM	151020104	3,221	24,800	SH		SOLE		24,800	0	0
CERNER CORP COM	COM	156782104	53	800	SH		SOLE		800	0	0
CHEVRON CORP NEW COM	COM	166764100	1,205	11,550	SH		SOLE		11,550	0	0
COACH INC COM	COM	189754104	3,030	64,000	SH		SOLE		64,000	0	0
COLGATE PALMOLIVE CO COM	COM	194162103	371	5,000	SH		SOLE		5,000	0	0
CONNECTICUT WTR SVC INC COM	COM	207797101	222	4,000	SH		SOLE		4,000	0	0
CONSOLIDATED EDISON INC COM	COM	209115104	20	253	SH		SOLE		253	0	0
DISNEY WALT CO DISNEY COM	COM	254687106	24,905	234,400	SH		SOLE		234,400	0	0
ENBRIDGE ENERGY MGMT L L C SHS UNITS REPST	COM	29250X103	1,496	97,088	SH		SOLE		97,088	0	0
ENBRIDGE ENERGY PARTNERS LP COM	COM	29250R106	774	48,400	SH		SOLE		48,400	0	0
ENERGY TRANSFER EQUITY LP COM UNITS REPSTG	COM	29273V100	1,236	68,800	SH		SOLE		68,800	0	0
ENERGY TRANSFER PARTNERS L P NEW UNIT LTD	COM	29278N103	2,161	105,965	SH		SOLE		105,965	0	0
ENTERPRISE PRODS PARTNERS L P COM UNIT	COM	293792107	4,567	168,650	SH		SOLE		168,650	0	0
EXPRESS SCRIPTS HLDG CO COM	COM	30219G108	9,954	155,921	SH		SOLE		155,921	0	0
FACEBOOK INC CL A	COM	30303M102	60	400	SH		SOLE		400	0	0
GENERAL ELECTRIC CO COM	COM	369604103	8,838	327,200	SH		SOLE		327,200	0	0
GENERAL MILLS INC COM	COM	370334104	288	5,200	SH		SOLE		5,200	0	0
GOLDMAN SACHS GROUP INC COM	COM	38141G104	44	200	SH		SOLE		200	0	0
HALYARD HEALTH INC COM	COM	40650V100	367	9,351	SH		SOLE		9,351	0	0
HARLEY DAVIDSON INC COM	COM	412822108	2	30	SH		SOLE		30	0	0
HERSHEY CO COM	COM	427866108	64	600	SH		SOLE		600	0	0
IDEXX LABS INC COM	COM	45168D104	97	600	SH		SOLE		600	0	0
JOHNSON & JOHNSON COM	COM	478160104	25,664	194,000	SH		SOLE		194,000	0	0
JP MORGAN CHASE & CO COM ISIN#US46625H1005	COM	46625H100	82	900	SH		SOLE		900	0	0
KIMBERLY CLARK CORP COM	COM	494368103	13,337	103,300	SH		SOLE		103,300	0	0
KINDER MORGAN INC DEL COM	COM	49456B101	11,222	585,696	SH		SOLE		585,696	0	0
LILLY ELI & CO COM	COM	532457108	12,667	153,915	SH		SOLE		153,915	0	0
MAGELLAN MIDSTREAM PARTNERS LP COM UNIT RE	COM	559080106	5,046	70,800	SH		SOLE		70,800	0	0
MASTERCARD INC CL A COM	COM	56736Q104	2,429	20,000	SH		SOLE		20,000	0	0
MCDONALDS CORP	COM	580135101	705	4,600	SH		SOLE		4,600	0	0
MEDTRONIC PLC SHS ISIN#IE00BTN1Y115	COM	G5960L103	2,123	23,920	SH		SOLE		23,920	0	0
MERCK & CO INC NEW COM	COM	58933Y105	10,094	157,500	SH		SOLE		157,500	0	0
MIDDLESEX WTR CO COM	COM	596680108	264	6,666	SH		SOLE		6,666	0	0
NIKE INC CL B	COM	654106103	83	1,400	SH		SOLE		1,400	0	0
NORFOLK SOUTHN CORP COM	COM	655844108	24	200	SH		SOLE		200	0	0
ONEOK PARTNERS L P UNIT C/A EFF 7/3/17 1	COM	68268N103	2,165	42,400	SH		SOLE		42,400	0	0
PEPSICO INC COM	COM	713448108	115	1,000	SH		SOLE		1,000	0	0
PFIZER INC COM	COM	717081103	15,634	465,428	SH		SOLE		465,428	0	0
PHILIP MORRIS INTL INC COM	COM	718172109	11,865	101,024	SH		SOLE		101,024	0	0
PLAINS ALL AMERICAN PIPELINE L P UNIT LTD	COM	726503105	1,768	67,300	SH		SOLE		67,300	0	0
POTLATCH CORP NEW COM	COM	737630103	366	8,000	SH		SOLE		8,000	0	0
PROCTER & GAMBLE CO COM	COM	742718109	4,082	46,841	SH		SOLE		46,841	0	0
RAYONIER INC COM	COM	754907103	237	8,250	SH		SOLE		8,250	0	0
SCHLUMBERGER LTD COM ISIN# AN8068571086	COM	806857108	982	14,920	SH		SOLE		14,920	0	0
SPDR S&P 500 ETF TR TR UNIT	COM	78462F103	222	917	SH		SOLE		917	0	0
SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STAN	COM	78467Y107	207	651	SH		SOLE		651	0	0
TARGA RES CORP COM	COM	87612G101	140	3,100	SH		SOLE		3,100	0	0
TC PIPELINES LP UNIT COM LTD PARTNERSHIP I	COM	87233Q108	6,944	126,250	SH		SOLE		126,250	0	0
TOOTSIE ROLL INDS INC	COM	890516107	35	1,011	SH		SOLE		1,011	0	0
TREMOR VIDEO INC COM	COM	89484Q100	64	25,523	SH		SOLE		25,523	0	0
V F CORP COM	COM	918204108	415	7,200	SH		SOLE		7,200	0	0
VCA INC COM	COM	918194101	92	1,000	SH		SOLE		1,000	0	0
WEYERHAEUSER CO	COM	962166104	879	26,240	SH		SOLE		26,240	0	0
WILLIAMS PARTNERS LP NEW COM UNIT LTD PART	COM	96949L105	2,151	53,618	SH		SOLE		53,618	0	0
WILLIAMS SONOMA INC COM	COM	969904101	195,303	4,026,866	SH		SOLE		4,026,866	0	0
ZIMMER BIOMET HLDGS INC COM	COM	98956P102	13,848	107,850	SH		SOLE		107,850	0	0
ZOETIS INC CL A	COM	98978V103	24,542	393,420	SH		SOLE		393,420	0	0