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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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
NOBLE CORP PLC ORD SHS A G65431127   6,537,301 231,491 SH   SOLE   231,491 0 0
SEADRILL LTD COM G7997W102   4,410,220 127,463 SH   SOLE   127,463 0 0
VALARIS LTD CL A G9460G101   1,572,077 31,192 SH   SOLE   31,192 0 0
ETFS GOLD TR PHYSCL GOLD SHS 00326A104   14,900,579 362,721 SH   SOLE   362,721 0 0
ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS 003260106   2,122,133 11,383 SH   SOLE   11,383 0 0
ALLEGIANT TRAVEL CO COM 01748X102   10,786,143 126,494 SH   SOLE   126,494 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101   10,748,539 109,791 SH   SOLE   109,791 0 0
ANTERO RESOURCES CORP COM 03674X106   3,418,156 99,192 SH   SOLE   99,192 0 0
AUTONATION INC COM 05329W102   9,711,167 47,032 SH   SOLE   47,032 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107   8,636,998 83,944 SH   SOLE   83,944 0 0
COMPASS MINERALS INTL INC COM 20451N101   469,494 23,905 SH   SOLE   23,905 0 0
D R HORTON INC COM 23331A109   8,620,196 59,850 SH   SOLE   59,850 0 0
DAVITA INC COM 23918K108   971,025 8,547 SH   SOLE   8,547 0 0
EOG RES INC COM 26875P101   4,341,953 41,348 SH   SOLE   41,348 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   1,637,210 99,285 SH   SOLE   99,285 0 0
HELMERICH & PAYNE INC COM 423452101   3,389,890 118,197 SH   SOLE   118,197 0 0
OPENLANE INC COM 48238T109   1,430,512 48,036 SH   SOLE   48,036 0 0
NATURAL RESOURCE PARTNERS L COM UNIT LTD PAR 63900P608   6,820,501 65,330 SH   SOLE   65,330 0 0
VIPER ENERGY INC CL A 64361Q101   9,717,886 251,563 SH   SOLE   251,563 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105   1,548,817 86,237 SH   SOLE   86,237 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR 85207H104   14,898,063 451,183 SH   SOLE   451,183 0 0
SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER 85207K107   2,492,142 105,376 SH   SOLE   105,376 0 0
TRIPLE FLAG PRECIOUS METAL COM 89679M104   2,415,493 72,712 SH   SOLE   72,712 0 0