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 7,477 115,195 SH   SOLE 0 115,195 0 0
AXALTA COATING SYS LTD COM G0750C108 20,285 672,793 SH   SOLE 0 672,793 0 0
BORGWARNER INC COM 099724106 8,196 223,444 SH   SOLE 0 223,444 0 0
CELANESE CORP DEL COM 150870103 3,209 26,237 SH   SOLE 0 26,237 0 0
CF INDS HLDGS INC COM 125269100 5,371 109,169 SH   SOLE 0 109,169 0 0
COPA HOLDINGS SA CL A P31076105 7,926 80,266 SH   SOLE 0 80,266 0 0
DEERE & CO COM 244199105 8,905 52,792 SH   SOLE 0 52,792 0 0
DOVER CORP COM 260003108 9,006 90,463 SH   SOLE 0 90,463 0 0
EMERSON ELEC CO COM 291011104 3,412 51,027 SH   SOLE 0 51,027 0 0
HUNTSMAN CORP COM 447011107 11,896 511,418 SH   SOLE 0 511,418 0 0
INGERSOLL-RAND PLC SHS G47791101 620 5,036 SH   SOLE 0 5,036 0 0
LINDE PLC SHS G5494J103 999 5,155 SH   SOLE 0 5,155 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104 6,747 130,328 SH   SOLE 0 130,328 0 0
ROCKWELL AUTOMATION INC COM 773903109 7,526 45,668 SH   SOLE 0 45,668 0 0
ROYAL CARIBBEAN CRUISES LTD COM V7780T103 2,741 25,305 SH   SOLE 0 25,305 0 0
SCHLUMBERGER LTD COM 806857108 10,877 318,312 SH   SOLE 0 318,312 0 0
SHERWIN WILLIAMS CO COM 824348106 11,497 20,909 SH   SOLE 0 20,909 0 0
TENNECO INC CL A VTG COM STK 880349105 1,076 85,920 SH   SOLE 0 85,920 0 0
TESLA INC COM 88160R101 19,961 82,869 SH   SOLE 0 82,869 0 0
TEXTRON INC COM 883203101 3,214 65,653 SH   SOLE 0 65,653 0 0
TRIMBLE INC COM 896239100 9,984 257,257 SH   SOLE 0 257,257 0 0
UNITED AIRLINES HLDGS INC COM 910047109 6,248 70,666 SH   SOLE 0 70,666 0 0
UNITED RENTALS INC COM 911363109 4,541 36,431 SH   SOLE 0 36,431 0 0
UNITED TECHNOLOGIES CORP COM 913017109 17,311 126,803 SH   SOLE 0 126,803 0 0
VISTEON CORP COM NEW 92839U206 10,154 123,022 SH   SOLE 0 123,022 0 0
WHIRLPOOL CORP COM 963320106 10,661 67,324 SH   SOLE 0 67,324 0 0
GRACE W R & CO DEL NEW COM 38388F108 7,663 114,784 SH   SOLE 0 114,784 0 0