<SEC-DOCUMENT>0001172661-19-000696.txt : 20190214
<SEC-HEADER>0001172661-19-000696.hdr.sgml : 20190214
<ACCEPTANCE-DATETIME>20190214131336
ACCESSION NUMBER: 0001172661-19-000696
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20181231
FILED AS OF DATE: 20190214
DATE AS OF CHANGE: 20190214
EFFECTIVENESS DATE: 20190214
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Lomas Capital Management, LLC
CENTRAL INDEX KEY: 0001559972
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-15278
FILM NUMBER: 19603869
BUSINESS ADDRESS:
STREET 1: 650 MADISON AVE
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (646) 569-3200
MAIL ADDRESS:
STREET 1: 650 MADISON AVE
STREET 2: 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xsi:schemaLocation="http://www.sec.gov/edgar/thirteenffiler eis_13F_Filer.xsd" xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:ns1="http://www.sec.gov/edgar/common" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>13F-HR</submissionType>
<filerInfo>
<liveTestFlag>LIVE</liveTestFlag>
<flags>
<confirmingCopyFlag>false</confirmingCopyFlag>
<returnCopyFlag>true</returnCopyFlag>
<overrideInternetFlag>false</overrideInternetFlag>
</flags>
<filer>
<credentials>
<cik>0001559972</cik>
<ccc>XXXXXXXX</ccc>
</credentials>
</filer>
<periodOfReport>12-31-2018</periodOfReport>
</filerInfo>
</headerData>
<formData>
<coverPage>
<reportCalendarOrQuarter>12-31-2018</reportCalendarOrQuarter>
<isAmendment>false</isAmendment>
<filingManager>
<name>Lomas Capital Management, LLC</name>
<address>
<ns1:street1>650 Madison Ave</ns1:street1>
<ns1:street2>15th Floor</ns1:street2>
<ns1:city>New York</ns1:city>
<ns1:stateOrCountry>NY</ns1:stateOrCountry>
<ns1:zipCode>10022</ns1:zipCode>
</address>
</filingManager>
<reportType>13F HOLDINGS REPORT</reportType>
<form13FFileNumber>028-15278</form13FFileNumber>
<provideInfoForInstruction5>N</provideInfoForInstruction5>
</coverPage>
<signatureBlock>
<name>John Del Virginia</name>
<title>Chief Financial Officer</title>
<phone>646-569-3211</phone>
<signature>/s/ John Del Virginia</signature>
<city>New York</city>
<stateOrCountry>NY</stateOrCountry>
<signatureDate>02-14-2019</signatureDate>
</signatureBlock>
<summaryPage>
<otherIncludedManagersCount>0</otherIncludedManagersCount>
<tableEntryTotal>31</tableEntryTotal>
<tableValueTotal>752366</tableValueTotal>
</summaryPage>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>INFORMATION TABLE
<SEQUENCE>2
<FILENAME>infotable.xml
<TEXT>
<XML>
<?xml version="1.0" ?>
<informationTable xsi:schemaLocation="http://www.sec.gov/edgar/document/thirteenf/informationtable eis_13FDocument.xsd" xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:n1="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<infoTable>
<nameOfIssuer>ALIBABA GROUP HLDG LTD</nameOfIssuer>
<titleOfClass>SPONSORED ADS</titleOfClass>
<cusip>01609W102</cusip>
<value>39282</value>
<shrsOrPrnAmt>
<sshPrnamt>286584</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>286584</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>ALLEGHANY CORP DEL</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>017175100</cusip>
<value>13006</value>
<shrsOrPrnAmt>
<sshPrnamt>20865</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>20865</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>ALLEGION PUB LTD CO</nameOfIssuer>
<titleOfClass>ORD SHS</titleOfClass>
<cusip>G0176J109</cusip>
<value>14052</value>
<shrsOrPrnAmt>
<sshPrnamt>176295</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>176295</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>ALPHABET INC</nameOfIssuer>
<titleOfClass>CAP STK CL C</titleOfClass>
<cusip>02079K107</cusip>
<value>50350</value>
<shrsOrPrnAmt>
<sshPrnamt>48619</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>48619</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>AON PLC</nameOfIssuer>
<titleOfClass>SHS CL A</titleOfClass>
<cusip>G0408V102</cusip>
<value>9096</value>
<shrsOrPrnAmt>
<sshPrnamt>62572</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>62572</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>ATHENE HLDG LTD</nameOfIssuer>
<titleOfClass>CL A</titleOfClass>
<cusip>G0684D107</cusip>
<value>6564</value>
<shrsOrPrnAmt>
<sshPrnamt>164802</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>164802</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>AXIS CAPITAL HOLDINGS LTD</nameOfIssuer>
<titleOfClass>SHS</titleOfClass>
<cusip>G0692U109</cusip>
<value>6249</value>
<shrsOrPrnAmt>
<sshPrnamt>121022</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>121022</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>BARRICK GOLD CORP</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>067901108</cusip>
<value>32414</value>
<shrsOrPrnAmt>
<sshPrnamt>2393921</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>2393921</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>BERRY GLOBAL GROUP INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>08579W103</cusip>
<value>39950</value>
<shrsOrPrnAmt>
<sshPrnamt>840525</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>840525</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>BOOKING HLDGS INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>09857L108</cusip>
<value>6748</value>
<shrsOrPrnAmt>
<sshPrnamt>3918</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>3918</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>BOYD GAMING CORP</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>103304101</cusip>
<value>22232</value>
<shrsOrPrnAmt>
<sshPrnamt>1069874</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>1069874</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>CANNAE HLDGS INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>13765N107</cusip>
<value>14650</value>
<shrsOrPrnAmt>
<sshPrnamt>855730</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>855730</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>CERAGON NETWORKS LTD</nameOfIssuer>
<titleOfClass>ORD</titleOfClass>
<cusip>M22013102</cusip>
<value>1898</value>
<shrsOrPrnAmt>
<sshPrnamt>502140</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>502140</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>DOWDUPONT INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>26078J100</cusip>
<value>39928</value>
<shrsOrPrnAmt>
<sshPrnamt>746586</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>746586</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>FACEBOOK INC</nameOfIssuer>
<titleOfClass>CL A</titleOfClass>
<cusip>30303M102</cusip>
<value>56483</value>
<shrsOrPrnAmt>
<sshPrnamt>430870</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>430870</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>M & T BK CORP</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>55261F104</cusip>
<value>6046</value>
<shrsOrPrnAmt>
<sshPrnamt>42239</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>42239</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>65339F101</cusip>
<value>42909</value>
<shrsOrPrnAmt>
<sshPrnamt>246859</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>246859</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>NORTHERN TR CORP</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>665859104</cusip>
<value>6266</value>
<shrsOrPrnAmt>
<sshPrnamt>74957</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>74957</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
<titleOfClass>COM NEW</titleOfClass>
<cusip>629377508</cusip>
<value>13570</value>
<shrsOrPrnAmt>
<sshPrnamt>342693</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>342693</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>NUVECTRA CORP</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>67075N108</cusip>
<value>5872</value>
<shrsOrPrnAmt>
<sshPrnamt>359394</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>359394</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>NVR INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>62944T105</cusip>
<value>12736</value>
<shrsOrPrnAmt>
<sshPrnamt>5226</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>5226</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>PDVWIRELESS INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>69290R104</cusip>
<value>12157</value>
<shrsOrPrnAmt>
<sshPrnamt>325156</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>325156</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>RED ROCK RESORTS INC</nameOfIssuer>
<titleOfClass>CL A</titleOfClass>
<cusip>75700L108</cusip>
<value>48480</value>
<shrsOrPrnAmt>
<sshPrnamt>2387034</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>2387034</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>RENAISSANCERE HOLDINGS LTD</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>G7496G103</cusip>
<value>6535</value>
<shrsOrPrnAmt>
<sshPrnamt>48878</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>48878</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>SIMPLY GOOD FOODS CO</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>82900L102</cusip>
<value>36215</value>
<shrsOrPrnAmt>
<sshPrnamt>1916111</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>1916111</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>SPOTIFY TECHNOLOGY S A</nameOfIssuer>
<titleOfClass>SHS</titleOfClass>
<cusip>L8681T102</cusip>
<value>53429</value>
<shrsOrPrnAmt>
<sshPrnamt>470740</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>470740</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>TAKE-TWO INTERACTIVE SOFTWAR</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>874054109</cusip>
<value>39922</value>
<shrsOrPrnAmt>
<sshPrnamt>387815</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>387815</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>TWENTY FIRST CENTY FOX INC</nameOfIssuer>
<titleOfClass>CL B</titleOfClass>
<cusip>90130A200</cusip>
<value>49885</value>
<shrsOrPrnAmt>
<sshPrnamt>1044068</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>1044068</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>VISA INC</nameOfIssuer>
<titleOfClass>COM CL A</titleOfClass>
<cusip>92826C839</cusip>
<value>32798</value>
<shrsOrPrnAmt>
<sshPrnamt>248582</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>248582</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>VOYA FINL INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>929089100</cusip>
<value>27520</value>
<shrsOrPrnAmt>
<sshPrnamt>685609</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>685609</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>
<nameOfIssuer>WEYERHAEUSER CO</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>962166104</cusip>
<value>5124</value>
<shrsOrPrnAmt>
<sshPrnamt>234422</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>SOLE</investmentDiscretion>
<votingAuthority>
<Sole>234422</Sole>
<Shared>0</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
</informationTable>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>