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
Estimated average burden
hours per response: 23.8
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
ALLY FINL INC COM 02005N100 2,422 106,901 SH   SOLE 0 106,901 0 0
ALPHABET INC CAP STK CL A 02079K305 3,762 3,600 SH   SOLE 0 3,600 0 0
ALTABA INC COM 021346101 1,268 21,888 SH   SOLE 0 21,888 0 0
AON PLC SHS CL A G0408V102 20,357 140,046 SH   SOLE 0 140,046 0 0
APPLE INC COM 037833100 1,090 6,910 SH   SOLE 0 6,910 0 0
ARAMARK COM 03852U106 3,632 125,354 SH   SOLE 0 125,354 0 0
ATHENE HLDG LTD CL A G0684D107 1,394 35,000 SH   SOLE 0 35,000 0 0
ATKORE INTL GROUP INC COM 047649108 5,289 266,590 SH   SOLE 0 266,590 0 0
AVAYA HLDGS CORP COM 05351X101 1,650 113,356 SH   SOLE 0 113,356 0 0
AXALTA COATING SYS LTD COM G0750C108 4,222 180,279 SH   SOLE 0 180,279 0 0
BALL CORP COM 058498106 13,097 284,844 SH   SOLE 0 284,844 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,422 21,656 SH   SOLE 0 21,656 0 0
BRIGHTSPHERE INVESTMNT GRP P SHS G1644T109 739 69,241 SH   SOLE 0 69,241 0 0
BRIGHTVIEW HLDGS INC COM 10948C107 255 25,000 SH   SOLE 0 25,000 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 6,668 982,012 SH   SOLE 0 982,012 0 0
CHURCHILL DOWNS INC COM 171484108 11,242 46,087 SH   SOLE 0 46,087 0 0
CITIGROUP INC COM NEW 172967424 2,670 51,295 SH   SOLE 0 51,295 0 0
DISCOVER FINL SVCS COM 254709108 843 14,292 SH   SOLE 0 14,292 0 0
ECHOSTAR CORP CL A 278768106 411 11,183 SH   SOLE 0 11,183 0 0
ENCORE CAP GROUP INC COM 292554102 893 38,000 SH   SOLE 0 38,000 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 6,817 439,808 SH   SOLE 0 439,808 0 0
EZCORP INC CL A NON VTG 302301106 77 10,000 SH   SOLE 0 10,000 0 0
FACEBOOK INC CL A 30303M102 890 6,791 SH   SOLE 0 6,791 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 2,771 191,645 SH   SOLE 0 191,645 0 0
FLEX LTD ORD Y2573F102 2,597 341,289 SH   SOLE 0 341,289 0 0
F M C CORP COM NEW 302491303 17,009 229,973 SH   SOLE 0 229,973 0 0
FREDS INC CL A 356108100 113 59,894 SH   SOLE 0 59,894 0 0
GLOBAL SHIP LEASE INC NEW SHS A Y27183105 149 239,679 SH   SOLE 0 239,679 0 0
HD SUPPLY HLDGS INC COM 40416M105 13,632 363,331 SH   SOLE 0 363,331 0 0
HILTON GRAND VACATIONS INC COM 43283X105 12,504 473,829 SH   SOLE 0 473,829 0 0
HOWARD HUGHES CORP COM 44267D107 732 7,500 SH   SOLE 0 7,500 0 0
HUNTSMAN CORP COM 447011107 2,991 155,060 SH   SOLE 0 155,060 0 0
IAC INTERACTIVECORP COM 44919P508 24,853 135,781 SH   SOLE 0 135,781 0 0
IHS MARKIT LTD SHS G47567105 9,802 204,346 SH   SOLE 0 204,346 0 0
INTREPID POTASH INC COM 46121Y102 961 369,564 SH   SOLE 0 369,564 0 0
IQVIA HLDGS INC COM 46266C105 20,733 178,470 SH   SOLE 0 178,470 0 0
KAR AUCTION SVCS INC COM 48238T109 1,156 24,227 SH   SOLE 0 24,227 0 0
KRATON CORPORATION COM 50077C106 3,472 158,964 SH   SOLE 0 158,964 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 461 12,522 SH   SOLE 0 12,522 0 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 3,218 12,020 SH   SOLE 0 12,020 0 0
MARATHON OIL CORP COM 565849106 405 6,859 SH   SOLE 0 6,859 0 0
MEDALLION FINL CORP COM 583928106 556 118,465 SH   SOLE 0 118,465 0 0
MICRON TECHNOLOGY INC COM 595112103 407 12,837 SH   SOLE 0 12,837 0 0
MICROSOFT CORP COM 594918104 3,819 37,600 SH   SOLE 0 37,600 0 0
NEWMARK GROUP INC CL A 65158N102 3,288 410,000 SH   SOLE 0 410,000 0 0
NOMAD FOODS LTD USD ORD SHS G6564A105 7,388 441,871 SH   SOLE 0 441,871 0 0
OLIN CORP COM PAR $1 680665205 1,341 66,702 SH   SOLE 0 66,702 0 0
PERSPECTA INC COM 715347100 5,818 337,876 SH   SOLE 0 337,876 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 5,431 755,372 SH   SOLE 0 755,372 0 0
ROAN RES INC CL A COM 769755109 390 46,584 SH   SOLE 0 46,584 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 9,874 148,058 SH   SOLE 0 148,058 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 879 7,249 SH   SOLE 0 7,249 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,657 50,644 SH   SOLE 0 50,644 0 0
SPX CORP COM 784635104 17,432 622,355 SH   SOLE 0 622,355 0 0
STATE STR CORP COM 857477103 668 10,590 SH   SOLE 0 10,590 0 0
TIVO CORP COM 88870P106 886 94,169 SH   SOLE 0 94,169 0 0
TOLL BROTHERS INC COM 889478103 530 16,109 SH   SOLE 0 16,109 0 0
TRONOX LTD SHS CL A Q9235V101 2,159 277,526 SH   SOLE 0 277,526 0 0
VOYA FINL INC COM 929089100 16,541 412,079 SH   SOLE 0 412,079 0 0
WILLSCOT CORP COM 971375126 11,440 1,214,465 SH   SOLE 0 1,214,465 0 0