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
ABERCROMBIE & FITCH CO CL A 002896207 15,215 720,410 SH   SOLE   720,410 0 0
ALASKA AIR GROUP INC COM 011659109 1,977 28,704 SH   SOLE   28,704 0 0
APPLE INC COM 037833100 3,942 17,461 SH   SOLE   17,461 0 0
B2GOLD CORP COM 11777Q209 22,791 10,032,050 SH   SOLE   10,032,050 0 0
BALL CORP COM 058498106 12,685 288,352 SH   SOLE   288,352 0 0
BELMOND LTD CL A G1154H107 19,070 1,044,934 SH   SOLE   1,044,934 0 0
BOEING CO COM 097023105 45,601 122,617 SH   SOLE   122,617 0 0
BOOKING HLDGS INC COM 09857L108 1,986 1,001 SH   SOLE   1,001 0 0
BRUNSWICK CORP COM 117043109 56,458 842,408 SH   SOLE   842,408 0 0
CAMPING WORLD HLDGS INC CL A 13462K109 709 33,257 SH   SOLE   33,257 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 6,490 101,767 SH   SOLE   101,767 0 0
CATERPILLAR INC DEL COM 149123101 215,246 1,411,544 SH   SOLE   1,411,544 0 0
CATERPILLAR INC DEL COM 149123101 24,208 158,751 SH   OTR 1 158,751 0 0
CHILDRENS PL INC COM 168905107 16,711 130,756 SH   SOLE   130,756 0 0
CONSTELLATION BRANDS INC CL A 21036P108 43,036 199,591 SH   SOLE   199,591 0 0
D R HORTON INC COM 23331A109 16,198 384,021 SH   SOLE   384,021 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 86,646 1,498,296 SH   SOLE   1,498,296 0 0
DIREXION SHS ETF TR DAILY JR BULL 3X 25460E851 24,757 3,345,603 SH   SOLE   3,345,603 0 0
HALLIBURTON CO COM 406216101 3,657 90,240 SH   SOLE   90,240 0 0
HARLEY DAVIDSON INC COM 412822108 310 6,853 SH   SOLE   6,853 0 0
HESS CORP COM 42809H107 183,404 2,562,231 SH   SOLE   2,562,231 0 0
HUAZHU GROUP LTD SPONSORED ADS 44332N106 340 10,533 SH   SOLE   10,533 0 0
HUDSON LTD COM CL A G46408103 2,879 127,615 SH   SOLE   127,615 0 0
KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 46,450 1,347,165 SH   SOLE   1,347,165 0 0
KRATOS DEFENSE & SEC SOLUTIO COM NEW 50077B207 14,345 970,591 SH   SOLE   970,591 0 0
LAS VEGAS SANDS CORP COM 517834107 5,790 97,583 SH   SOLE   97,583 0 0
MACYS INC COM 55616P104 40,601 1,169,045 SH   SOLE   1,169,045 0 0
MARINEMAX INC COM 567908108 27,509 1,294,553 SH   SOLE   1,294,553 0 0
MARRIOTT INTL INC NEW CL A 571903202 4,895 37,075 SH   SOLE   37,075 0 0
MICROSOFT CORP COM 594918104 6,908 60,398 SH   SOLE   60,398 0 0
NAVISTAR INTL CORP NEW COM 63934E108 15,722 408,374 SH   SOLE   408,374 0 0
NETAPP INC COM 64110D104 28,691 334,047 SH   SOLE   334,047 0 0
NEWFIELD EXPL CO COM 651290108 52,535 1,822,222 SH   SOLE   1,822,222 0 0
NORFOLK SOUTHERN CORP COM 655844108 143,578 795,445 SH   SOLE   795,445 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 2,347 40,866 SH   SOLE   40,866 0 0
NVR INC COM 62944T105 103,912 42,056 SH   SOLE   42,056 0 0
RIO TINTO PLC SPONSORED ADR 767204100 16,629 325,933 SH   OTR 1 325,933 0 0
RIO TINTO PLC SPONSORED ADR 767204100 156,542 3,068,247 SH   SOLE   3,068,247 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 59,220 455,747 SH   SOLE   455,747 0 0
SEAWORLD ENTMT INC COM 81282V100 5,029 160,019 SH   SOLE   160,019 0 0
SIMPLY GOOD FOODS CO COM 82900L102 6,704 344,704 SH   SOLE   344,704 0 0
SOUTHWEST AIRLS CO COM 844741108 106,839 1,710,796 SH   SOLE   1,710,796 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 634,692 2,400,500 SH   SOLE   2,400,500 0 0
STANLEY BLACK & DECKER INC COM 854502101 543 3,708 SH   SOLE   3,708 0 0
STAR BULK CARRIERS CORP SHS PAR Y8162K204 60,064 4,156,675 SH   SOLE   4,156,675 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 100,554 728,706 SH   SOLE   728,706 0 0
TECK RESOURCES LTD CL B 878742204 16,440 682,144 SH   OTR 1 682,144 0 0
TECK RESOURCES LTD CL B 878742204 347,652 14,425,377 SH   SOLE   14,425,377 0 0
THOR INDS INC COM 885160101 29,535 352,872 SH   SOLE   352,872 0 0
UNIFI INC COM NEW 904677200 42,790 1,510,402 SH   SOLE   1,510,402 0 0
UNITED CONTL HLDGS INC COM 910047109 3,949 44,337 SH   SOLE   44,337 0 0
UNITED RENTALS INC COM 911363109 12,116 74,061 SH   SOLE   74,061 0 0
VALE S A ADR 91912E105 72,683 4,897,782 SH   SOLE   4,897,782 0 0
WARRIOR MET COAL INC COM 93627C101 51,261 1,895,751 SH   SOLE   1,895,751 0 0