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
ALTICE USA INC CL A 02156K103 14,599 679,647 SH   SOLE   679,647 0 0
CONSTELLIUM NV CL A N22035104 22,623 2,835,002 SH   SOLE   2,835,002 0 0
DOWDUPONT INC COM 26078J100 24,400 457,700 SH   SOLE   457,700 0 0
ENZO BIOCHEM INC COM 294100102 12,521 4,586,419 SH   SOLE   4,586,419 0 0
FRONTLINE LTD SHS NEW G3682E192 35,810 5,543,410 SH   SOLE   5,543,410 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131 15,072 2,020,398 SH   SOLE   2,020,398 0 0
GENTHERM INC COM 37253A103 9,962 270,257 SH   SOLE   270,257 0 0
KKR & CO INC CL A 48251W104 9,260 394,200 SH   SOLE   394,200 0 0
KRATON CORPORATION COM 50077C106 22,714 705,832 SH   SOLE   705,832 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 20,685 2,795,256 SH   SOLE   2,795,256 0 0
NAVIOS MARITIME CONTAINERS LP COM UNIT RP LP Y62151108 12,066 5,048,651 SH   SOLE   5,048,651 0 0
NAVIOS MARITIME PARTNERS LP UNIT LPI Y62267102 9,116 10,017,188 SH   SOLE   10,017,188 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 13,492 757,580 SH   SOLE   757,580 0 0
SAFE BULKERS INC COM Y7388L103 1,052 720,367 SH   SOLE   720,367 0 0
SCORPIO BULKERS INC COM Y7546A122 22,775 5,930,905 SH   SOLE   5,930,905 0 0
SCORPIO TANKERS INC SHS Y7542C106 26,978 1,359,761 SH   SOLE   1,359,761 0 0
STAR BULK CARRIERS CORP SHS PAR Y8162K204 9,531 1,448,412 SH   SOLE   1,448,412 0 0
XPERI CORPORATION COM 98421B100 16,136 689,556 SH   SOLE   689,556 0 0