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
BUNGE LIMITED COM G16962105 4,583 55,500 SH   SOLE   55,500 0 0
CAMECO CORP COM 13321L108 1,326 50,000 SH   SOLE   50,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 12,410 74,800 SH   SOLE   74,800 0 0
CONSTELLATION ENERGY CORP COM 21037T109 7,154 86,000 SH   SOLE   86,000 0 0
DENBURY INC COM 24790A101 8,195 95,000 SH   SOLE   95,000 0 0
DIGIMARC CORP NEW COM 25381B101 1,161 85,670 SH   SOLE   85,670 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 8,074 495,958 SH   SOLE   495,958 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 4,715 134,200 SH   SOLE   134,200 0 0
PLANET FITNESS INC CL A 72703H101 6,579 114,100 SH   SOLE   114,100 0 0
SCHWAB CHARLES CORP COM 808513105 5,788 80,532 SH   SOLE   80,532 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,607 4,500 SH   SOLE   4,500 0 0
TERMINIX GLOBAL HOLDINGS INC COM 88087E100 12,773 333,585 SH   SOLE   333,585 0 0
VERISIGN INC COM 92343E102 10,505 60,475 SH   SOLE   60,475 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 7,733 270,300 SH   SOLE   270,300 0 0