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
AECOM COM 00766T100 8,172 129,400 SH   SOLE   129,400 0 0
AERCAP HOLDINGS NV SHS N00985106 7,267 125,700 SH   SOLE   125,700 0 0
APPLIED MATLS INC COM 038222105 10,208 79,300 SH   SOLE   79,300 0 0
ANTHEM INC COM 036752103 11,221 30,100 SH   SOLE   30,100 0 0
ARAMARK COM 03852U106 5,212 158,600 SH   SOLE   158,600 0 0
AMERICAN EXPRESS CO COM 025816109 7,510 44,830 SH   SOLE   44,830 0 0
AXALTA COATING SYS LTD COM G0750C108 4,711 161,400 SH   SOLE   161,400 0 0
BK OF AMERICA CORP COM 060505104 9,260 218,142 SH   SOLE   218,142 0 0
BELDEN INC COM 077454106 3,483 59,777 SH   SOLE   59,777 0 0
BAUSCH HEALTH COS INC COM 071734107 5,715 205,200 SH   SOLE   205,200 0 0
CENTENE CORP DEL COM 15135B101 8,399 134,800 SH   SOLE   134,800 0 0
CNH INDL N V SHS N20944109 6,179 372,000 SH   SOLE   372,000 0 0
CORTEVA INC COM 22052L104 9,287 220,700 SH   SOLE   220,700 0 0
FACEBOOK INC CL A 30303M102 5,668 16,700 SH   SOLE   16,700 0 0
FEDEX CORP COM 31428X106 5,723 26,100 SH   SOLE   26,100 0 0
FISERV INC COM 337738108 5,377 49,559 SH   SOLE   49,559 0 0
ALPHABET INC CAP STK CL C 02079K107 3,326 1,248 SH   SOLE   1,248 0 0
ALPHABET INC CAP STK CL A 02079K305 4,919 1,840 SH   SOLE   1,840 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 7,417 19,619 SH   SOLE   19,619 0 0
HILTON GRAND VACATIONS INC COM 43283X105 8,724 183,400 SH   SOLE   183,400 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 8,475 322,000 SH   SOLE   322,000 0 0
MANPOWERGROUP INC WIS COM 56418H100 7,883 72,800 SH   SOLE   72,800 0 0
MCKESSON CORP COM 58155Q103 7,616 38,200 SH   SOLE   38,200 0 0
MOODYS CORP COM 615369105 5,596 15,758 SH   SOLE   15,758 0 0
MOSAIC CO NEW COM 61945C103 7,848 219,700 SH   SOLE   219,700 0 0
MICROSOFT CORP COM 594918104 4,143 14,695 SH   SOLE   14,695 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 3,707 138,800 SH   SOLE   138,800 0 0
NIELSEN HLDGS PLC SHS EUR G6518L108 7,661 399,200 SH   SOLE   399,200 0 0
ORACLE CORP COM 68389X105 7,911 90,800 SH   SOLE   90,800 0 0
PLANTRONICS INC NEW COM 727493108 4,649 180,831 SH   SOLE   180,831 0 0
ROBERT HALF INTL INC COM 770323103 9,079 90,493 SH   SOLE   90,493 0 0
REALOGY HLDGS CORP COM 75605Y106 6,175 352,044 SH   SOLE   352,044 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 4,176 94,500 SH   SOLE   94,500 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 5,177 74,600 SH   SOLE   74,600 0 0
STAGWELL INC COM CL A 85256A109 10,352 1,349,619 SH   SOLE   1,349,619 0 0
TEREX CORP NEW COM 880779103 1,576 37,424 SH   SOLE   37,424 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 3,775 146,420 SH   SOLE   146,420 0 0
TRIPADVISOR INC COM 896945201 4,600 135,900 SH   SOLE   135,900 0 0
ULTA BEAUTY INC COM 90384S303 3,754 10,400 SH   SOLE   10,400 0 0
VONTIER CORPORATION COM 928881101 6,418 191,000 SH   SOLE   191,000 0 0
WPP PLC NEW ADR 92937A102 5,955 441,800 SH   SOLE   441,800 0 0
WW INTL INC COM 98262P101 3,924 215,000 SH   SOLE   215,000 0 0
WYNN RESORTS LTD COM 983134107 3,221 38,000 SH   SOLE   38,000 0 0