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
AERCAP HOLDINGS NV SHS N00985106 36,598 675,869 SH   SOLE 1,2 675,869 0 0
AETNA INC NEW COM 00817Y108 10,313 56,200 SH   SOLE 1,2 56,200 0 0
ANDEAVOR COM 03349M105 6,165 47,000 SH   SOLE 1,2 47,000 0 0
APPLIED MATLS INC COM 038222105 20,712 448,414 SH   SOLE 1,2 448,414 0 0
ARCH COAL INC CL A 039380407 3,608 46,000 SH   SOLE 1,2 46,000 0 0
AVIS BUDGET GROUP COM 053774105 16,689 513,498 SH   SOLE 1,2 513,498 0 0
BOEING CO COM 097023105 5,200 15,500 SH   SOLE 1,2 15,500 0 0
CENTENNIAL RESOURCE DEV INC CL A 15136A102 2,294 127,000 SH   SOLE 1,2 127,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 7,106 109,000 SH   SOLE 1,2 109,000 0 0
CITIGROUP INC COM NEW 172967424 3,346 50,000 SH   SOLE 1,2 50,000 0 0
COMSTOCK RES INC NOTE 7.750% 4/0 205768AM6 1,063 1,079,001 SH   SOLE 1,2 1,079,001 0 0
DELEK US HLDGS INC NEW COM 24665A103 9,812 195,582 SH   SOLE 1,2 195,582 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 24,912 502,862 SH   SOLE 1,2 502,862 0 0
DOWDUPONT INC COM 26078J100 4,680 71,000 SH   SOLE 1,2 71,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 2,780 36,000 SH   SOLE 1,2 36,000 0 0
FIRST DATA CORP NEW COM CL A 32008D106 4,185 199,937 SH   SOLE 1,2 199,937 0 0
FIVE POINT HOLDINGS LLC COM CL A 33833Q106 5,843 519,354 SH   SOLE 1,2 519,354 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 9,927 336,975 SH   SOLE 1,2 336,975 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 11,646 52,800 SH   SOLE 1,2 52,800 0 0
GRAFTECH INTL LTD COM 384313508 5,806 322,728 SH   SOLE 1,2 322,728 0 0
GULFPORT ENERGY CORP COM NEW 402635304 2,209 175,771 SH   SOLE 1,2 175,771 0 0
LENNAR CORP CL A 526057104 26,271 500,402 SH   SOLE 1,2 500,402 0 0
MICRON TECHNOLOGY INC COM 595112103 13,794 263,053 SH   SOLE 1,2 263,053 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 1,778 101,661 SH   SOLE 1,2 101,661 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 12,369 168,521 SH   SOLE 1,2 168,521 0 0
NOBLE ENERGY INC COM 655044105 21,170 600,045 SH   SOLE 1,2 600,045 0 0
NORFOLK SOUTHERN CORP COM 655844108 11,484 76,118 SH   SOLE 1,2 76,118 0 0
NRG ENERGY INC COM NEW 629377508 25,980 846,268 SH   SOLE 1,2 846,268 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,350 75,000 SH   SOLE 1,2 75,000 0 0
PENN VA CORP NEW COM 70788V102 14,730 173,514 SH   SOLE 1,2 173,514 0 0
PUMA BIOTECHNOLOGY INC COM 74587V107 592 10,000 SH   SOLE 1,2 10,000 0 0
RSP PERMIAN INC COM 74978Q105 8,506 193,228 SH   SOLE 1,2 193,228 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 39,332 331,500 SH   SOLE 1,2 331,500 0 0
STARWOOD PPTY TR INC COM 85571B105 20,284 934,316 SH   SOLE 1,2 934,316 0 0
TEEKAY TANKERS LTD CL A Y8565N102 90 77,232 SH   SOLE 1,2 77,232 0 0
TESLA INC COM 88160R101 2,401 7,000 SH   SOLE 1,2 7,000 0 0
TRONOX LTD SHS CL A Q9235V101 10,716 544,537 SH   SOLE 1,2 544,537 0 0
UNION PAC CORP COM 907818108 8,501 60,000 SH   SOLE 1,2 60,000 0 0
UNITED CONTL HLDGS INC COM 910047109 14,852 213,000 SH   SOLE 1,2 213,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 8,002 64,000 SH   SOLE 1,2 64,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 9,651 87,080 SH   SOLE 1,2 87,080 0 0
WMIH CORP COM 92936P100 323 241,306 SH   SOLE 1,2 241,306 0 0
WPX ENERGY INC COM 98212B103 1,403 77,802 SH   SOLE 1,2 77,802 0 0