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 27,924 600,000 SH   SOLE 2 600,000 0 0
ANTERO RES CORP COM 03674X106 1,492 168,962 SH   SOLE 2 168,962 0 0
CROWN HOLDINGS INC COM 228368106 2,729 50,000 SH   SOLE 2 50,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 17,045 330,000 SH   SOLE 2 330,000 0 0
DXC TECHNOLOGY CO COM 23355L106 1,286 20,000 SH   SOLE 2 20,000 0 0
ENCANA CORP COM 292505104 10,418 1,439,000 SH   SOLE 2 1,439,000 0 0
FIRST DATA CORP NEW COM CL A 32008D106 10,666 406,000 SH   SOLE 2 406,000 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 844 40,000 SH   SOLE 2 40,000 0 0
GOLDCORP INC NEW COM 380956409 2,543 222,302 SH   SOLE 2 222,302 0 0
GRAFTECH INTL LTD COM 384313508 7,820 611,409 SH   SOLE 2 611,409 0 0
ISHARES TR 20 YR TR BD ETF 464287432 5,058 40,000 SH   SOLE 2 40,000 0 0
KINDER MORGAN INC DEL COM 49456B101 11,806 590,000 SH   SOLE 2 590,000 0 0
KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 980 30,000 SH   SOLE 2 30,000 0 0
MARATHON PETE CORP COM 56585A102 6,135 102,508 SH   SOLE 2 102,508 0 0
MAXWELL TECHNOLOGIES INC COM 577767106 224 50,000 SH   SOLE 2 50,000 0 0
MR COOPER GROUP INC COM 62482R107 1,439 150,000 SH   SOLE 2 150,000 0 0
NEWMONT MNG CORP COM 651639106 3,812 106,556 SH   SOLE 2 106,556 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 19,496 179,900 SH   SOLE 2 179,900 0 0
NRG ENERGY INC COM NEW 629377508 10,851 255,435 SH   SOLE 2 255,435 0 0
PDC ENERGY INC COM 69327R101 1,448 35,590 SH   SOLE 2 35,590 0 0
PIONEER NAT RES CO COM 723787107 1,827 12,000 SH   SOLE 2 12,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 37,213 305,000 SH   SOLE 2 305,000 0 0
SPIRIT AIRLS INC COM 848577102 4,400 83,242 SH   SOLE 2 83,242 0 0
STARWOOD PPTY TR INC COM 85571B105 18,774 840,000 SH   SOLE 2 840,000 0 0
TEEKAY LNG PARTNERS L P PRTNRSP UNITS Y8564M105 14,960 1,000,000 SH   SOLE 2 1,000,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,545 30,000 SH   SOLE 2 30,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 2,605 9,657 SH   SOLE 2 9,657 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 3,388 83,663 SH   SOLE 2 83,663 0 0