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
ALASKA AIR GROUP INC COM 011659109 7,838 97,353 SH   SOLE   97,353 0 0
AMAG PHARMACEUTICALS INC COM 00163U106 314 10,400 SH   SOLE   10,400 0 0
ALPHABET INC COM 20795305 1,011 1,300 SH   SOLE   1,300 0 0
BANK AMER CORP COM 060505104 8,011 476,000 SH   SOLE   476,000 0 0
CENTENE CORP DEL COM 15135B101 395 6,000 SH   SOLE   6,000 0 0
CF INDS HLDGS INC COM 125269100 10,203 250,018 SH   SOLE   250,018 0 0
CHEMOURS CO COM 163851108 402 75,000 SH   SOLE   75,000 0 0
CINER RESOURCES LP COM 172464109 225 10,100 SH   SOLE   10,100 0 0
CVR PARTNERS LP COM 126633106 1,182 147,563 SH   SOLE   147,563 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 11,593 228,701 SH   SOLE   228,701 0 0
DISH NETWORK CORP CL A 25470M109 229 4,000 SH   SOLE   4,000 0 0
FACEBOOK INC COM 30303M102 523 5,000 SH   SOLE   5,000 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 280 20,000 SH   SOLE   20,000 0 0
GENERAL MTRS CO COM 37045V100 816 24,000 SH   SOLE   24,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 264 8,075 SH   SOLE   8,075 0 0
JETBLUE AIRWAYS CORP COM 477143101 8,205 362,244 SH   SOLE   362,244 0 0
LIFEPOINT HEALTH INC COM 53219L109 440 6,000 SH   SOLE   6,000 0 0
MARATHON PETE CORP COM 56585A102 2,592 50,000 SH   SOLE   50,000 0 0
MICRON TECHNOLOGY INC COM 595112103 12,046 850,700 SH   SOLE   850,700 0 0
MOLINA HEALTHCARE INC COM 60855R100 7,858 130,680 SH   SOLE   130,680 0 0
MYLAN N V SHS EURO N59465109 541 10,000 SH   SOLE   10,000 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 1,791 69,258 SH   SOLE   69,258 0 0
NXP SEMICONDUCTORS N V COM N6596X109 5,115 60,707 SH   SOLE   60,707 0 0
OCH ZIFF CAP MGMT GROUP CL A 67551U105 1,977 317,310 SH   SOLE   317,310 0 0
OCI PARTNERS LP COM UNIT REP LP 67091N108 557 78,105 SH   SOLE   78,105 0 0
PBF ENERGY INC CL A 69318G106 995 27,032 SH   SOLE   27,032 0 0
QORVO INC COM 74736K101 764 15,000 SH   SOLE   15,000 0 0
RENTECH NITROGEN PARTNERS L COM UNIT 760113100 2,400 226,434 SH   SOLE   226,434 0 0
RITE AID CORP COM 767754104 4,175 532,522 SH   SOLE   532,522 0 0
SANDISK CORP COM 80004C101 12,359 162,639 SH   SOLE   162,639 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 911 28,003 SH   SOLE   28,003 0 0
SOUTHWEST AIRLS CO COM 844741108 12,404 288,072 SH   SOLE   288,072 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 228 10,000 SH   SOLE   10,000 0 0
TESORO CORP COM 881609101 1,328 12,600 SH   SOLE   12,600 0 0
T MOBILE US INC COM 872590104 1,941 49,619 SH   SOLE   49,619 0 0
TRONOX LTD SHS CL A Q9235V101 2,727 697,540 SH   SOLE   697,540 0 0
UNITED CONTL HLDGS INC COM 910047109 12,549 219,000 SH   SOLE   219,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 7,071 100,000 SH   SOLE   100,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,639 122,000 SH   SOLE   122,000 0 0
WISDOMTREE TR INDIA ERNGS FD 97717W422 794 40,000 SH   SOLE   40,000 0 0