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 420 13,621 SH   DFND 1, 2 13,621 0 0
AMERICAN AIRLS GROUP INC CALL 02376R902 1,409 107,800 SH Call DFND 1, 2 107,800 0 0
BJS RESTAURANTS INC COM 09180C106 205 9,811 SH   DFND 1, 2 9,811 0 0
BOYD GAMING CORP COM 103304101 438 20,938 SH   DFND 1, 2 20,938 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 539 32,815 SH   DFND 1, 2 32,815 0 0
CHEESECAKE FACTORY INC COM 163072101 210 9,144 SH   DFND 1, 2 9,144 0 0
CINEMARK HOLDINGS INC COM 17243V102 1,754 151,885 SH   DFND 1, 2 151,885 0 0
CITIGROUP INC COM NEW 172967424 367 7,181 SH   DFND 1, 2 7,181 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 280 269,528 SH   DFND 1, 2 269,528 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 205 1,848 SH   DFND 1, 2 1,848 0 0
DARDEN RESTAURANTS INC COM 237194105 226 2,977 SH   DFND 1, 2 2,977 0 0
DAVE & BUSTERS ENTMT INC COM 238337109 161 12,105 SH   DFND 1, 2 12,105 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 4,206 149,964 SH   DFND 1, 2 149,964 0 0
DINE BRANDS GLOBAL INC COM 254423106 207 4,927 SH   DFND 1, 2 4,927 0 0
EAGLE PT CR CO LLC COM 269808101 979 137,753 SH   DFND 1, 2 137,753 0 0
ELDORADO RESORTS INC COM 28470R102 473 11,797 SH   DFND 1, 2 11,797 0 0
FTS INTERNATIONAL INC COM NEW 30283W203 621 89,999 SH   DFND 1, 2 89,999 0 0
GOLDEN ENTMT INC COM 381013101 745 83,566 SH   DFND 1, 2 83,566 0 0
GRAY TELEVISION INC COM 389375106 311 22,319 SH   DFND 1, 2 22,319 0 0
HILTON GRAND VACATIONS INC COM 43283X105 294 15,053 SH   DFND 1, 2 15,053 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 312 4,251 SH   DFND 1, 2 4,251 0 0
HOVNANIAN ENTERPRISES INC CL A NEW 442487401 2,339 100,000 SH   DFND 1, 2 100,000 0 0
HYATT HOTELS CORP COM CL A 448579102 312 6,211 SH   DFND 1, 2 6,211 0 0
JPMORGAN CHASE & CO COM 46625H100 358 3,806 SH   DFND 1, 2 3,806 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 437 13,770 SH   DFND 1, 2 13,770 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 406 9,169 SH   DFND 1, 2 9,169 0 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 422 2,872 SH   DFND 1, 2 2,872 0 0
MARRIOTT INTL INC NEW CL A 571903202 309 3,601 SH   DFND 1, 2 3,601 0 0
MARRIOTT VACTINS WORLDWID CO COM 57164Y107 307 3,738 SH   DFND 1, 2 3,738 0 0
MGM RESORTS INTERNATIONAL COM 552953101 394 23,479 SH   DFND 1, 2 23,479 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 561 15,819 SH   DFND 1, 2 15,819 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 312 3,725 SH   DFND 1, 2 3,725 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 534 32,512 SH   DFND 1, 2 32,512 0 0
NORWEGIAN CRUISE LINE HLDG L CALL G66721904 1,438 87,500 SH Call DFND 1, 2 87,500 0 0
OASIS PETE INC NEW COM 674215108 263 350,000 SH   DFND 1, 2 350,000 0 0
OUTFRONT MEDIA INC COM 69007J106 292 20,576 SH   DFND 1, 2 20,576 0 0
OXFORD LANE CAP CORP COM 691543102 1,810 440,368 SH   DFND 1, 2 440,368 0 0
PERFORMANCE FOOD GROUP CO COM 71377A103 237 8,149 SH   DFND 1, 2 8,149 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 634 175,239 SH   DFND 1, 2 175,239 0 0
REALTY INCOME CORP COM 756109104 544 9,148 SH   DFND 1, 2 9,148 0 0
RED ROCK RESORTS INC CL A 75700L108 338 30,964 SH   DFND 1, 2 30,964 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 539 10,717 SH   DFND 1, 2 10,717 0 0
SABRE CORP COM 78573M104 428 53,136 SH   DFND 1, 2 53,136 0 0
SCHLUMBERGER LTD CALL 806857908 15,080 820,000 SH Call DFND 1, 2 820,000 0 0
SEAWORLD ENTMT INC COM 81282V100 383 25,880 SH   DFND 1, 2 25,880 0 0
SEAWORLD ENTMT INC CALL 81282V900 735 49,600 SH Call DFND 1, 2 49,600 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 301 16,291 SH   DFND 1, 2 16,291 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 390 20,291 SH   DFND 1, 2 20,291 0 0
SOUTHWEST AIRLS CO COM 844741108 4,308 126,051 SH   DFND 1, 2 126,051 0 0
STORE CAP CORP COM 862121100 554 23,257 SH   DFND 1, 2 23,257 0 0
TEGNA INC COM 87901J105 318 28,564 SH   DFND 1, 2 28,564 0 0
TIDEWATER INC NEW *W EXP 07/31/202 88642R117 37 66,892 SH   DFND 1, 2 66,892 0 0
TIDEWATER INC NEW *W EXP 07/31/202 88642R125 28 72,315 SH   DFND 1, 2 72,315 0 0
TRANSDIGM GROUP INC COM 893641100 2,214 5,008 SH   DFND 1, 2 5,008 0 0
TUPPERWARE BRANDS CORP COM 899896104 7,125 1,500,000 SH   DFND 1, 2 1,500,000 0 0
TWIN RIV WORLDWIDE HLDGS INC COM 90171V204 365 16,354 SH   DFND 1, 2 16,354 0 0
UNITED RENTALS INC COM 911363109 2,100 14,090 SH   DFND 1, 2 14,090 0 0
US FOODS HLDG CORP COM 912008109 220 11,131 SH   DFND 1, 2 11,131 0 0
VALARIS PLC SHS CLASS A G9402V109 1,043 1,600,000 SH   DFND 1, 2 1,600,000 0 0
VEREIT INC COM 92339V100 667 103,658 SH   DFND 1, 2 103,658 0 0
VIACOMCBS INC CL B 92556H206 322 13,802 SH   DFND 1, 2 13,802 0 0
WELBILT INC COM 949090104 755 123,972 SH   DFND 1, 2 123,972 0 0
WELLS FARGO CO NEW COM 949746101 347 13,556 SH   DFND 1, 2 13,556 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 297 10,545 SH   DFND 1, 2 10,545 0 0