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
ALASKA AIR GROUP INC COM 011659109 368 5,000 SH   SOLE   5,000 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 1,942 180,000 SH   SOLE   180,000 0 0
AMAG PHARMACEUTICALS INC COM 00163U106 596 45,000 SH   SOLE   45,000 0 0
ANDEAVOR COM 03349M105 686 6,000 SH   SOLE   6,000 0 0
APPLIED MATLS INC COM 038222105 363 7,100 SH   SOLE   7,100 0 0
BANK AMER CORP COM 060505104 4,130 139,900 SH   SOLE   139,900 0 0
CANADIAN NAT RES LTD COM 136385101 893 25,000 SH   SOLE   25,000 0 0
CENOVUS ENERGY INC COM 15135U109 1,685 184,600 SH   SOLE   184,600 0 0
CENTURYLINK INC COM 156700106 1,751 105,000 SH   SOLE   105,000 0 0
CF INDS HLDGS INC COM 125269100 4,679 110,000 SH   SOLE   110,000 0 0
CHEMOURS CO COM 163851108 3,805 76,010 SH   SOLE   76,010 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 2,274 45,000 SH   SOLE   45,000 0 0
CITIGROUP INC COM NEW 172967424 2,976 40,000 SH   SOLE   40,000 0 0
COMMSCOPE HLDG CO INC COM 20337X109 378 10,000 SH   SOLE   10,000 0 0
CONTINENTAL RESOURCES INC COM 212015101 1,791 33,816 SH   SOLE   33,816 0 0
CVR PARTNERS LP COM 126633106 1,549 472,274 SH   SOLE   472,274 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 823 14,700 SH   SOLE   14,700 0 0
EMERGE ENERGY SVCS LP COM REP PARTN 29102H108 194 26,971 SH   SOLE   26,971 0 0
FAIRMOUNT SANTROL HLDGS INC COM 30555Q108 1,229 235,000 SH   SOLE   235,000 0 0
GENERAL MTRS CO COM 37045V100 205 5,000 SH   SOLE   5,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 743 23,000 SH   SOLE   23,000 0 0
HOLLYFRONTIER CORP COM 436106108 717 14,000 SH   SOLE   14,000 0 0
INTEL CORP COM 458140100 1,939 42,000 SH   SOLE   42,000 0 0
MICRON TECHNOLOGY INC COM 595112103 34,741 844,858 SH   SOLE   844,858 0 0
MICROSOFT CORP COM 594918104 2,609 30,500 SH   SOLE   30,500 0 0
NRG YIELD INC CL C 62942X405 5,293 280,046 SH   SOLE   280,046 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 589 8,000 SH   SOLE   8,000 0 0
OCH ZIFF CAP MGMT GROUP CL A 67551U105 484 193,626 SH   SOLE   193,626 0 0
OCI PARTNERS LP COM UNIT REP LP 67091N108 566 70,300 SH   SOLE   70,300 0 0
OLIN CORP COM PAR $1 680665205 857 24,097 SH   SOLE   24,097 0 0
PATTERN ENERGY GROUP INC CL A 70338P100 3,399 158,200 SH   SOLE   158,200 0 0
PBF ENERGY INC CL A 69318G106 958 27,032 SH   SOLE   27,032 0 0
PRECISION DRILLING CORP COM 2010 74022D308 632 209,322 SH   SOLE   209,322 0 0
RITE AID CORP COM 767754104 197 100,000 SH   SOLE   100,000 0 0
SOUTHWEST AIRLS CO COM 844741108 327 5,000 SH   SOLE   5,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,285 35,000 SH   SOLE   35,000 0 0
TRONOX LTD SHS CL A Q9235V101 4,077 198,790 SH   SOLE   198,790 0 0
UNITED CONTL HLDGS INC COM 910047109 1,517 22,500 SH   SOLE   22,500 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 3,070 58,000 SH   SOLE   58,000 0 0