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    <nameOfIssuer>ABEONA THERAPEUTICS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00289Y107</cusip>
    <value>1697</value>
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    <nameOfIssuer>AETNA INC NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00817Y108</cusip>
    <value>30053</value>
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    <nameOfIssuer>ALEXION PHARMACEUTICALS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>015351109</cusip>
    <value>8986</value>
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      <sshPrnamt>73447</sshPrnamt>
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      <Sole>73447</Sole>
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      <None>0</None>
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    <nameOfIssuer>AVALONBAY CMNTYS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>053484101</cusip>
    <value>27280</value>
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      <Sole>153992</Sole>
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    <nameOfIssuer>CAMDEN PPTY TR</nameOfIssuer>
    <titleOfClass>SH BEN INT</titleOfClass>
    <cusip>133131102</cusip>
    <value>1060</value>
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      <sshPrnamt>12611</sshPrnamt>
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      <Sole>12611</Sole>
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      <None>0</None>
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    <nameOfIssuer>CIGNA CORPORATION</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>125509109</cusip>
    <value>3021</value>
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      <sshPrnamt>22649</sshPrnamt>
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      <Sole>22649</Sole>
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      <None>0</None>
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    <nameOfIssuer>CONSOL ENERGY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>20854P109</cusip>
    <value>9483</value>
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      <sshPrnamt>520161</sshPrnamt>
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      <Sole>520161</Sole>
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      <None>0</None>
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    <nameOfIssuer>DOW CHEM CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>260543103</cusip>
    <value>15208</value>
    <shrsOrPrnAmt>
      <sshPrnamt>265783</sshPrnamt>
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      <Sole>265783</Sole>
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      <None>0</None>
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    <nameOfIssuer>EXELON CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>30161N101</cusip>
    <value>27339</value>
    <shrsOrPrnAmt>
      <sshPrnamt>770331</sshPrnamt>
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    <votingAuthority>
      <Sole>770331</Sole>
      <Shared>0</Shared>
      <None>0</None>
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    <nameOfIssuer>HALLIBURTON CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>406216101</cusip>
    <value>10260</value>
    <shrsOrPrnAmt>
      <sshPrnamt>189689</sshPrnamt>
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    <votingAuthority>
      <Sole>189689</Sole>
      <Shared>0</Shared>
      <None>0</None>
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    <nameOfIssuer>HUMANA INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>444859102</cusip>
    <value>2978</value>
    <shrsOrPrnAmt>
      <sshPrnamt>14598</sshPrnamt>
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    <votingAuthority>
      <Sole>14598</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>JETBLUE AIRWAYS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>477143101</cusip>
    <value>7663</value>
    <shrsOrPrnAmt>
      <sshPrnamt>341798</sshPrnamt>
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      <Sole>341798</Sole>
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      <None>0</None>
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    <nameOfIssuer>MARTIN MARIETTA MATLS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>573284106</cusip>
    <value>742</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3351</sshPrnamt>
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      <Sole>3351</Sole>
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      <None>0</None>
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    <nameOfIssuer>MGIC INVT CORP WIS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>552848103</cusip>
    <value>13710</value>
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      <Sole>1345473</Sole>
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      <None>0</None>
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    <nameOfIssuer>MGM RESORTS INTERNATIONAL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>552953101</cusip>
    <value>11917</value>
    <shrsOrPrnAmt>
      <sshPrnamt>413350</sshPrnamt>
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      <Sole>413350</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUCOR CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>670346105</cusip>
    <value>9523</value>
    <shrsOrPrnAmt>
      <sshPrnamt>160000</sshPrnamt>
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    <votingAuthority>
      <Sole>160000</Sole>
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      <None>0</None>
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    <nameOfIssuer>PRAXAIR INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>74005P104</cusip>
    <value>9240</value>
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      <sshPrnamt>78843</sshPrnamt>
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      <Sole>78843</Sole>
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    <nameOfIssuer>RADIAN GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>750236101</cusip>
    <value>17491</value>
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      <sshPrnamt>972804</sshPrnamt>
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      <Sole>972804</Sole>
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      <None>0</None>
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    <nameOfIssuer>SCHLUMBERGER LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>806857108</cusip>
    <value>9762</value>
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      <sshPrnamt>116279</sshPrnamt>
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      <Sole>116279</Sole>
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      <None>0</None>
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    <nameOfIssuer>SOUTHWEST AIRLS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>844741108</cusip>
    <value>8789</value>
    <shrsOrPrnAmt>
      <sshPrnamt>176352</sshPrnamt>
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      <Sole>176352</Sole>
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    <nameOfIssuer>SYNCHRONY FINL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>87165B103</cusip>
    <value>39279</value>
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      <sshPrnamt>1082964</sshPrnamt>
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      <Sole>1082964</Sole>
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    <nameOfIssuer>VULCAN MATLS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>929160109</cusip>
    <value>1500</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11987</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
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      <Sole>11987</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>WAYFAIR INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>94419L101</cusip>
    <value>5258</value>
    <shrsOrPrnAmt>
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      <sshPrnamtType>SH</sshPrnamtType>
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    <votingAuthority>
      <Sole>150000</Sole>
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      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>WESTLAKE CHEM CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>960413102</cusip>
    <value>13056</value>
    <shrsOrPrnAmt>
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      <Sole>233192</Sole>
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    </votingAuthority>
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    <nameOfIssuer>SPDR S&amp;P500 ETF TRUST</nameOfIssuer>
    <titleOfClass>TR UNIT</titleOfClass>
    <cusip>78462F103</cusip>
    <value>165189</value>
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    <putCall>Put</putCall>
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      <None>0</None>
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