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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
VENATOR MATLS PLC SHS G9329Z100   2,571 555,241 SH   SOLE   555,241 0 0
WELBILT INC COM 949090104   7,748 476,822 SH   SOLE   476,822 0 0
GENERAL ELECTRIC CO COM 369604103   6,237 475,000 SH   SOLE   475,000 0 0
TRONOX HOLDINGS PLC SHS G9087Q102   7,869 430,000 SH   SOLE   430,000 0 0
CHEMOURS CO COM 163851108   9,769 350,000 SH   SOLE   350,000 0 0
EVOQUA WATER TECHNOLOGIES CO COM 30057T105   8,863 337,000 SH   SOLE   337,000 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104   7,725 280,000 SH   SOLE   280,000 0 0
ORION ENGINEERED CARBONS S A COM L72967109   5,127 260,000 SH   SOLE   260,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   9,656 200,000 SH   SOLE   200,000 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   15,454 200,000 SH   SOLE   200,000 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   5,175 195,000 SH   SOLE   195,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   4,183 175,000 SH   SOLE   175,000 0 0
UNITED AIRLS HLDGS INC COM 910047109   9,494 165,000 SH   SOLE   165,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857   5,269 160,000 SH   SOLE   160,000 0 0
AAR CORP COM 000361105   5,814 139,586 SH   SOLE   139,586 0 0
UNITED STATES STL CORP NEW COM 912909108   3,402 130,000 SH   SOLE   130,000 0 0
OLIN CORP COM PAR $1 680665205   4,799 126,392 SH   SOLE   126,392 0 0
AIR LEASE CORP CL A 00912X302   5,880 120,000 SH   SOLE   120,000 0 0
CHARGEPOINT HOLDINGS INC COM CL A 15961R105   3,071 115,000 SH   SOLE   115,000 0 0
HUNTSMAN CORP COM 447011107   3,171 110,000 SH   SOLE   110,000 0 0
ELEMENT SOLUTIONS INC COM 28618M106   1,966 107,500 SH   SOLE   107,500 0 0
MOSAIC CO NEW COM 61945C103   3,161 100,000 SH   SOLE   100,000 0 0
SABRE CORP COM 78573M104   1,481 100,000 SH   SOLE   100,000 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109   4,865 100,000 SH   SOLE   100,000 0 0
ARCONIC CORPORATION COM 03966V107   2,412 95,000 SH   SOLE   95,000 0 0
LIVENT CORP COM 53814L108   1,559 90,000 SH   SOLE   90,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106   2,600 80,000 SH   SOLE   80,000 0 0
COMMERCIAL METALS CO COM 201723103   2,313 75,000 SH   SOLE   75,000 0 0
APA CORPORATION COM 03743Q108   1,164 65,000 SH   SOLE   65,000 0 0
WEST FRASER TIMBER CO LTD COM 952845105   4,325 60,125 SH   SOLE   60,125 0 0
ALASKA AIR GROUP INC COM 011659109   4,153 60,000 SH   SOLE   60,000 0 0
TEREX CORP NEW COM 880779103   2,764 60,000 SH   SOLE   60,000 0 0
INGERSOLL RAND INC COM 45687V106   2,707 55,000 SH   SOLE   55,000 0 0
MIDDLEBY CORP COM 596278101   9,116 55,000 SH   SOLE   55,000 0 0
CONSTELLIUM SE CL A SHS F21107101   694 47,229 SH   SOLE   47,229 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   1,167 40,000 SH   SOLE   40,000 0 0
PLUG POWER INC COM NEW 72919P202   1,434 40,000 SH   SOLE   40,000 0 0
TERADYNE INC COM 880770102   4,867 40,000 SH   SOLE   40,000 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   1,424 40,000 SH   SOLE   40,000 0 0
DOMTAR CORP COM NEW 257559203   1,467 39,700 SH   SOLE   39,700 0 0
BOEING CO COM 097023105   8,915 35,000 SH   SOLE   35,000 0 0
ROCKWELL AUTOMATION INC COM 773903109   9,290 35,000 SH   SOLE   35,000 0 0
ALTO INGREDIENTS INC COM 021513106   163 30,000 SH   SOLE   30,000 0 0
MP MATERIALS CORP COM CL A 553368101   1,079 30,000 SH   SOLE   30,000 0 0
SUMMIT MATLS INC CL A 86614U100   841 30,000 SH   SOLE   30,000 0 0
XL FLEET CORP COM CL A 9837FR100   269 30,000 SH   SOLE   30,000 0 0
AERCAP HOLDINGS NV SHS N00985106   1,762 30,000 SH   SOLE   30,000 0 0
KRATON CORPORATION COM 50077C106   915 25,000 SH   SOLE   25,000 0 0
OIL STS INTL INC COM 678026105   151 25,000 SH   SOLE   25,000 0 0
TRANSDIGM GROUP INC COM 893641100   13,228 22,500 SH   SOLE   22,500 0 0
ALBEMARLE CORP COM 012653101   2,922 20,000 SH   SOLE   20,000 0 0
ALCOA CORP COM 013872106   650 20,000 SH   SOLE   20,000 0 0
DOW INC COM 260557103   1,279 20,000 SH   SOLE   20,000 0 0
DUPONT DE NEMOURS INC COM 26614N102   1,546 20,000 SH   SOLE   20,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101   351 20,000 SH   SOLE   20,000 0 0
O-I GLASS INC COM 67098H104   295 20,000 SH   SOLE   20,000 0 0
VULCAN MATLS CO COM 929160109   3,375 20,000 SH   SOLE   20,000 0 0
SCORPIO TANKERS INC SHS Y7542C130   369 20,000 SH   SOLE   20,000 0 0
AXALTA COATING SYS LTD COM G0750C108   459 15,525 SH   SOLE   15,525 0 0
CF INDS HLDGS INC COM 125269100   681 15,000 SH   SOLE   15,000 0 0
NLIGHT INC COM 65487K100   486 15,000 SH   SOLE   15,000 0 0
SPX FLOW INC COM 78469X107   950 15,000 SH   SOLE   15,000 0 0
BARRICK GOLD CORP COM 067901108   198 10,000 SH   SOLE   10,000 0 0
GRACE W R & CO DEL NEW COM 38388F108   599 10,000 SH   SOLE   10,000 0 0
HEXCEL CORP NEW COM 428291108   560 10,000 SH   SOLE   10,000 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   1,396 10,000 SH   SOLE   10,000 0 0
JELD-WEN HLDG INC COM 47580P103   277 10,000 SH   SOLE   10,000 0 0
LYFT INC CL A COM 55087P104   632 10,000 SH   SOLE   10,000 0 0
PARKER-HANNIFIN CORP COM 701094104   3,154 10,000 SH   SOLE   10,000 0 0
ROYAL CARIBBEAN GROUP COM V7780T103   856 10,000 SH   SOLE   10,000 0 0
HEICO CORP NEW COM 422806109   944 7,500 SH   SOLE   7,500 0 0
IPG PHOTONICS CORP COM 44980X109   1,582 7,500 SH   SOLE   7,500 0 0
HARSCO CORP COM 415864107   86 5,000 SH   SOLE   5,000 0 0
TAYLOR MORRISON HOME CORP COM 87724P106   154 5,000 SH   SOLE   5,000 0 0
AIR TRANSPORT SERVICES GRP I COM 00922R105   73 2,500 SH   SOLE   2,500 0 0
DOMTAR CORP CALL 257559903   3,695 100,000 SH Call SOLE   100,000 0 0
BEACON ROOFING SUPPLY INC COM 073685109   33 638 SH   SOLE   638 0 0