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
ALPHABET INC CAP STK CL C 02079K107 3,721 2,539 SH   SOLE 2,539 0 0 0
AON PLC SHS CL A G0403H108 14,719 71,349 SH   SOLE 71,349 0 0 0
API GROUP CORP COM STK 00187Y100 707 49,718 SH   SOLE 49,718 0 0 0
APPLE INC COM 037833100 2,244 19,377 SH   SOLE 19,377 0 0 0
BAUDAX BIO INC COM 07160F107 1,199 432,752 SH   SOLE 432,752 0 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,886 18,251 SH   SOLE 18,251 0 0 0
BERRY GLOBAL GROUP INC COM 08579W103 773 16,000 SH   SOLE 16,000 0 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 201 248,478 SH   SOLE 248,478 0 0 0
CHANGE HEALTHCARE INC COM 15912K100 284 19,594 SH   SOLE 19,594 0 0 0
CHEMOURS CO COM 163851108 1,811 86,601 SH   SOLE 86,601 0 0 0
CHURCHILL DOWNS INC COM 171484108 9,288 56,695 SH   SOLE 56,695 0 0 0
CITIGROUP INC COM NEW 172967424 625 14,488 SH   SOLE 14,488 0 0 0
CONCRETE PUMPING HLDGS INC COM 206704108 68 19,029 SH   SOLE 19,029 0 0 0
CROWN HLDGS INC COM 228368106 758 9,865 SH   SOLE 9,865 0 0 0
CUSTOMERS BANCORP INC COM 23204G100 227 20,266 SH   SOLE 20,266 0 0 0
DISCOVER FINL SVCS COM 254709108 361 6,243 SH   SOLE 6,243 0 0 0
ENCORE CAP GROUP INC COM 292554102 838 21,703 SH   SOLE 21,703 0 0 0
ENZO BIOCHEM INC COM 294100102 42 19,729 SH   SOLE 19,729 0 0 0
F M C CORP COM NEW 302491303 3,480 32,860 SH   SOLE 32,860 0 0 0
GODADDY INC CL A 380237107 22,188 292,058 SH   SOLE 292,058 0 0 0
GRANITE CONSTR INC COM 387328107 208 11,838 SH   SOLE 11,838 0 0 0
GS ACQUISITION HLDGS CORP II COM CL A 36258Q105 514 45,793 SH   SOLE 45,793 0 0 0
HD SUPPLY HLDGS INC COM 40416M105 9,440 228,896 SH   SOLE 228,896 0 0 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 502 289,925 SH   SOLE 289,925 0 0 0
IAC INTERACTIVECORP NEW COM 44891N109 18,119 151,273 SH   SOLE 151,273 0 0 0
IHS MARKIT LTD SHS G47567105 13,155 167,553 SH   SOLE 167,553 0 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 1,414 5,088 SH   SOLE 5,088 0 0 0
IQVIA HLDGS INC COM 46266C105 16,353 103,741 SH   SOLE 103,741 0 0 0
ISTAR INC COM 45031U101 244 20,637 SH   SOLE 20,637 0 0 0
KALEYRA INC COM 483379103 152 20,000 SH   SOLE 20,000 0 0 0
LKQ CORP COM 501889208 274 9,865 SH   SOLE 9,865 0 0 0
MADISON SQUARE GRDN ENTERTNM CL A 55826T102 204 2,984 SH   SOLE 2,984 0 0 0
MADISON SQUARE GRDN SPRT COR CL A 55825T103 449 2,984 SH   SOLE 2,984 0 0 0
MATCH GROUP INC NEW COM 57667L107 11,682 105,576 SH   SOLE 105,576 0 0 0
MEDALLION FINL CORP COM 583928106 27 10,648 SH   SOLE 10,648 0 0 0
MICROSOFT CORP COM 594918104 8,727 41,492 SH   SOLE 41,492 0 0 0
MORGAN STANLEY COM NEW 617446448 477 9,865 SH   SOLE 9,865 0 0 0
NATURES SUNSHINE PRODS INC COM 639027101 690 59,642 SH   SOLE 59,642 0 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 1,665 18,706 SH   SOLE 18,706 0 0 0
NEWS CORP NEW CL A 65249B109 3,005 214,331 SH   SOLE 214,331 0 0 0
PG&E CORP COM 69331C108 695 73,985 SH   SOLE 73,985 0 0 0
PERSHING SQUARE TONTINE HLDG COM CL A 71531R109 17,527 772,435 SH   SOLE 772,435 0 0 0
PERSHING SQUARE TONTINE HLDG *W EXP 07/24/202 71531R117 639 89,157 SH   SOLE 89,157 0 0 0
PERSPECTA INC COM 715347100 7,930 407,709 SH   SOLE 407,709 0 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 209 49,991 SH   SOLE 49,991 0 0 0
RAMACO RES INC COM 75134P303 72 20,518 SH   SOLE 20,518 0 0 0
SPDR GOLD SHARES GOLD SHS 78463V107 812 4,582 SH   SOLE 4,582 0 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 13,337 39,825 SH   SOLE 39,825 0 0 0
SPX CORP COM 784635104 16,679 359,615 SH   SOLE 359,615 0 0 0
STATE STR CORP COM 857477103 366 6,161 SH   SOLE 6,161 0 0 0
VERTIV HOLDINGS CO COM CL A 92537N108 35,095 2,026,290 SH   SOLE 2,026,290 0 0 0
VOYA FINANCIAL INC COM 929089100 8,401 175,281 SH   SOLE 175,281 0 0 0
WILLIAMS COS INC COM 969457100 286 14,555 SH   SOLE 14,555 0 0 0
WILLSCOT CORP COM 971375126 23,596 1,414,639 SH   SOLE 1,414,639 0 0 0