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
ACUITY BRANDS INC COM 00508Y102 35,523 301,783 SH   SOLE N/A 301,783 0 0
AIXTRON SE SPONSORED ADR 009606104 21,884 1,446,377 SH   SOLE N/A 1,446,377 0 0
ALASKA AIR GROUP INC COM 011659109 204,741 4,702,364 SH   SOLE N/A 4,702,364 0 0
ALLEGIANT TRAVEL CO COM 01748X102 47,609 385,000 SH   SOLE N/A 385,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 104,666 2,950,000 SH   SOLE N/A 2,950,000 0 0
ANADARKO PETE CORP COM 032511107 19,014 187,444 SH   SOLE N/A 187,444 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 14,574 280,000 SH   SOLE N/A 280,000 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 3,446 226,258 SH   SOLE N/A 226,258 0 0
BALLY TECHNOLOGIES INC COM 05874B107 76,805 951,740 SH   SOLE N/A 951,740 0 0
BOYD GAMING CORP COM 103304101 85,477 8,413,055 SH   SOLE N/A 8,413,055 0 0
CANADIAN PAC RY LTD COM 13645T100 34,233 165,000 SH   SOLE N/A 165,000 0 0
CHEGG INC COM 163092109 40,639 6,512,700 SH   SOLE N/A 6,512,700 0 0
CHURCHILL DOWNS INC COM 171484108 125,438 1,286,544 SH   SOLE N/A 1,286,544 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 5,237 603,370 SH   SOLE N/A 603,370 0 0
COPA HOLDINGS SA CL A P31076105 13,411 125,000 SH   SOLE N/A 125,000 0 0
COSTAR GROUP INC COM 22160N109 5,288 34,000 SH   SOLE N/A 34,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 276,179 7,639,800 SH   SOLE N/A 7,639,800 0 0
DOVER MOTORSPORTS INC COM 260174107 1,552 671,931 SH   SOLE N/A 671,931 0 0
EAGLE MATERIALS INC COM 26969P108 9,633 94,600 SH   SOLE N/A 94,600 0 0
ELDORADO RESORTS INC COM 28470R102 10,106 2,400,411 SH   SOLE N/A 2,400,411 0 0
EXPEDIA INC DEL COM NEW 30212P303 300,081 3,424,800 SH   SOLE N/A 3,424,800 0 0
FACEBOOK INC CL A 30303M102 10,868 137,500 SH   SOLE N/A 137,500 0 0
FIRST MARBLEHEAD CORP COM NEW 320771207 170 60,000 SH   SOLE N/A 60,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 3,457 70,000 SH   SOLE N/A 70,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 17,631 540,000 SH   SOLE N/A 540,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 98,964 3,202,716 SH   SOLE N/A 3,202,716 0 0
GENERAL MTRS CO COM 37045V100 45,308 1,418,550 SH   SOLE N/A 1,418,550 0 0
GENESEE & WYO INC CL A 371559105 17,288 181,382 SH   SOLE N/A 181,382 0 0
GLOBAL EAGLE ACQUISITION COR COM 37951D102 325,168 28,981,072 SH   SOLE N/A 28,981,072 0 0
GREENBRIER COS INC COM 393657101 124,284 1,693,700 SH   SOLE N/A 1,693,700 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 2,539 100,000 SH   SOLE N/A 100,000 0 0
INTERCONTINENTALEXCHANGE GRO COM 45866F104 9,753 50,000 SH   SOLE N/A 50,000 0 0
INVESCO LTD SHS G491BT108 19,740 500,000 SH   SOLE N/A 500,000 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 7,011 934,839 SH   SOLE N/A 934,839 0 0
JPMORGAN CHASE & CO COM 46625H100 4,819 80,000 SH   SOLE N/A 80,000 0 0
KLA-TENCOR CORP COM 482480100 6,381 81,000 SH   SOLE N/A 81,000 0 0
LAS VEGAS SANDS CORP COM 517834107 16,797 270,000 SH   SOLE N/A 270,000 0 0
LAS VEGAS SANDS CORP COM 517834107 9,332 150,000 SH Call SOLE N/A 150,000 0 0
MAGELLAN HEALTH SVCS INC COM NEW 559079207 21,892 400,000 SH   SOLE N/A 400,000 0 0
MASONITE INTL CORP NEW COM 575385109 7,199 130,000 SH   SOLE N/A 130,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 109,590 4,168,519 SH   SOLE N/A 4,168,519 0 0
MOLINA HEALTHCARE INC COM 60855R100 12,690 300,000 SH   SOLE N/A 300,000 0 0
MUELLER INDS INC COM 624756102 11,787 413,000 SH   SOLE N/A 413,000 0 0
ORBITZ WORLDWIDE INC COM 68557K109 129,855 16,500,000 SH   SOLE N/A 16,500,000 0 0
OWENS CORNING NEW COM 690742101 36,029 1,134,762 SH   SOLE N/A 1,134,762 0 0
PENN NATL GAMING INC COM 707569109 88,103 7,859,300 SH   SOLE N/A 7,859,300 0 0
PGT INC COM 69336V101 8,865 951,172 SH   SOLE N/A 951,172 0 0
PINNACLE ENTMT INC COM 723456109 10,036 400,000 SH   SOLE N/A 400,000 0 0
POZEN INC COM 73941U102 24,690 3,363,699 SH   SOLE N/A 3,363,699 0 0
PRICELINE COM INC COM NEW 741503403 245,619 212,000 SH   SOLE N/A 212,000 0 0
PURECYCLE CORP COM NEW 746228303 38,710 5,982,970 SH   SOLE N/A 5,982,970 0 0
QUNAR CAYMAN IS LTD SPNS ADR CL B 74906P104 3,010 108,843 SH   SOLE N/A 108,843 0 0
RITE AID CORP COM 767754104 24,200 5,000,000 SH   SOLE N/A 5,000,000 0 0
RMG NETWORKS HLDG CORP COM 74966K102 1,835 1,112,293 SH   SOLE N/A 1,112,293 0 0
SALESFORCE COM INC COM 79466L302 25,658 446,000 SH   SOLE N/A 446,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 32,310 3,000,000 SH   SOLE N/A 3,000,000 0 0
SILICON LABORATORIES INC COM 826919102 9,103 224,000 SH   SOLE N/A 224,000 0 0
SOUTHWEST AIRLS CO COM 844741108 186,917 5,535,000 SH   SOLE N/A 5,535,000 0 0
SPIRIT AIRLS INC COM 848577102 86,425 1,250,000 SH   SOLE N/A 1,250,000 0 0
STONE ENERGY CORP COM 861642106 39,743 1,267,321 SH   SOLE N/A 1,267,321 0 0
TRIPADVISOR INC COM 896945201 190,861 2,087,742 SH   SOLE N/A 2,087,742 0 0
UNITED CONTL HLDGS INC COM 910047109 37,432 800,000 SH   SOLE N/A 800,000 0 0
UNITED RENTALS INC COM 911363109 103,858 934,813 SH   SOLE N/A 934,813 0 0
VALUEVISION MEDIA INC CL A 92047K107 18,275 3,562,300 SH   SOLE N/A 3,562,300 0 0
VEECO INSTRS INC DEL COM 922417100 32,695 935,465 SH   SOLE N/A 935,465 0 0
VIGGLE INC COM NEW 92672V204 4,868 1,375,000 SH   SOLE N/A 1,375,000 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 12,159 70,000 SH   SOLE N/A 70,000 0 0
VISA INC COM CL A 92826C839 9,175 43,000 SH   SOLE N/A 43,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 30,170 500,000 SH   SOLE N/A 500,000 0 0