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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102   886,877 63,078 SH   SOLE 0 63,078 0 0
ACRES COMMERCIAL REALTY CORP COM NEW 00489Q102   276,293 19,651 SH   OTR 1 19,651 0 0
ARCHER AVIATION INC COM CL A 03945R102   1,628,397 352,467 SH   SOLE 0 352,467 0 0
ARCHER AVIATION INC COM CL A 03945R102   507,207 109,785 SH   OTR 1 109,785 0 0
BEAZER HOMES USA INC COM NEW 07556Q881   3,819,199 116,439 SH   SOLE 0 116,439 0 0
BEAZER HOMES USA INC COM NEW 07556Q881   1,199,201 36,561 SH   OTR 1 36,561 0 0
BOWMAN CONSULTING GROUP LTD COM 103002101   1,062,835 30,550 SH   SOLE 0 30,550 0 0
BOWMAN CONSULTING GROUP LTD COM 103002101   328,766 9,450 SH   OTR 1 9,450 0 0
BOYD GAMING CORP COM 103304101   7,922,756 117,688 SH   SOLE 0 117,688 0 0
BOYD GAMING CORP COM 103304101   2,595,186 38,550 SH   OTR 1 38,550 0 0
BOYD GAMING CORP COM 103304101   7,183,044 106,700 SH Put SOLE 0 0 0 106,700
BOYD GAMING CORP COM 103304101   2,376,396 35,300 SH Put OTR 1 0 0 35,300
CATO CORP NEW CL A 149205106   1,413,385 244,954 SH   SOLE 0 244,954 0 0
CATO CORP NEW CL A 149205106   480,185 83,221 SH   OTR 1 83,221 0 0
FIRSTCASH HOLDINGS INC COM 33768G107   3,384,784 26,539 SH   SOLE 0 26,539 0 0
FIRSTCASH HOLDINGS INC COM 33768G107   1,053,608 8,261 SH   OTR 1 8,261 0 0
INSPIRED ENTMT INC COM 45782N108   2,740,814 277,973 SH   SOLE 0 277,973 0 0
INSPIRED ENTMT INC COM 45782N108   894,174 90,687 SH   OTR 1 90,687 0 0
INSPIRED ENTMT INC COM 45782N108   3,734,968 378,800 SH Call SOLE 0 0 0 378,800
INSPIRED ENTMT INC COM 45782N108   1,195,032 121,200 SH Call OTR 1 0 0 121,200
ISHARES TR RUSSELL 2000 ETF UNIT 464287655   8,033,460 38,200 SH Put SOLE 0 0 0 38,200
ISHARES TR RUSSELL 2000 ETF UNIT 464287655   2,481,540 11,800 SH Put OTR 1 0 0 11,800
KARAT PACKAGING INC COM 48563L101   970,222 33,912 SH   SOLE 0 33,912 0 0
KARAT PACKAGING INC COM 48563L101   293,882 10,272 SH   OTR 1 10,272 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   4,793,514 112,471 SH   SOLE 0 112,471 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   1,420,482 33,329 SH   OTR 1 33,329 0 0
SCORPIO TANKERS INC SHS Y7542C130   3,284,288 45,902 SH   SOLE 0 45,902 0 0
SCORPIO TANKERS INC SHS Y7542C130   1,023,022 14,298 SH   OTR 1 14,298 0 0
TERRAN ORBITAL CORPORATION COM 88105P103   587,673 448,605 SH   SOLE 0 448,605 0 0
TERRAN ORBITAL CORPORATION COM 88105P103   195,314 149,095 SH   OTR 1 149,095 0 0
TPG RE FIN TR INC COM 87266M107   8,935,591 1,157,460 SH   SOLE 0 1,157,460 0 0
TPG RE FIN TR INC COM 87266M107   2,715,618 351,764 SH   OTR 1 351,764 0 0
TPG RE FIN TR INC COM 87266M107   5,878,780 761,500 SH Call SOLE 0 0 0 761,500
TPG RE FIN TR INC COM 87266M107   1,841,220 238,500 SH Call OTR 1 0 0 238,500
TSAKOS ENERGY NAVIGATION LTD SHS G9108L173   2,881,410 113,486 SH   SOLE 0 113,486 0 0
TSAKOS ENERGY NAVIGATION LTD SHS G9108L173   901,700 35,514 SH   OTR 1 35,514 0 0
ZIM INTEGRATED SHIPPING SERV SHS M9T951109   399,740 39,500 SH Call SOLE 0 0 0 39,500
ZIM INTEGRATED SHIPPING SERV SHS M9T951109   126,500 12,500 SH Call OTR 1 0 0 12,500