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
3M CO COM 88579Y101   1,591,050 15,000 SH   SOLE   15,000 0 0
AAR CORP COM 000361105   7,783,100 130,000 SH   SOLE   130,000 0 0
AAR CORP PUT 000361955   1,796,100 30,000 SH Put SOLE   300 0 0
ALASKA AIR GROUP INC COM 011659109   4,513,950 105,000 SH   SOLE   105,000 0 0
ALBEMARLE CORP COM 012653101   922,180 7,000 SH   SOLE   7,000 0 0
ALCOA CORP COM 013872106   1,351,600 40,000 SH   SOLE   40,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   2,916,500 190,000 SH   SOLE   190,000 0 0
ARCADIUM LITHIUM PLC COM SHS G0508H110   1,019,487 236,540 SH   SOLE   236,540 0 0
ATKORE INC COM 047649108   4,759,000 25,000 SH   SOLE   25,000 0 0
ATMUS FILTRATION TECHNOLOGIE COM 04956D107   645,000 20,000 SH   SOLE   20,000 0 0
AXALTA COATING SYS LTD COM G0750C108   533,905 15,525 SH   SOLE   15,525 0 0
BARCLAYS BANK PLC IPTH SR B S&P 06748F324   2,182,203 168,250 SH   SOLE   168,250 0 0
BORGWARNER INC COM 099724106   521,100 15,000 SH   SOLE   15,000 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   3,022,900 185,000 SH   SOLE   185,000 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   871,950 15,000 SH   SOLE   15,000 0 0
CHEMOURS CO COM 163851108   656,500 25,000 SH   SOLE   25,000 0 0
CHEVRON CORP NEW COM 166764100   3,154,800 20,000 SH   SOLE   20,000 0 0
COMPASS MINERALS INTL INC COM 20451N101   178,586 11,346 SH   SOLE   11,346 0 0
CUMMINS INC COM 231021106   2,946,500 10,000 SH   SOLE   10,000 0 0
DUPONT DE NEMOURS INC COM 26614N102   1,533,400 20,000 SH   SOLE   20,000 0 0
EASTMAN CHEM CO COM 277432100   3,708,140 37,000 SH   SOLE   37,000 0 0
EATON CORP PLC SHS G29183103   1,563,400 5,000 SH   SOLE   5,000 0 0
ESAB CORPORATION COM 29605J106   2,211,400 20,000 SH   SOLE   20,000 0 0
FLOWSERVE CORP COM 34354P105   2,981,260 65,264 SH   SOLE   65,264 0 0
FMC CORP COM NEW 302491303   1,719,900 27,000 SH   SOLE   27,000 0 0
FRONTIER GROUP HLDGS INC COM 35909R108   400,926 49,436 SH   SOLE   49,436 0 0
FUELCELL ENERGY INC COM 35952H601   11,900 10,000 SH   SOLE   10,000 0 0
GATES INDL CORP PLC ORD SHS G39108108   3,101,889 175,149 SH   SOLE   175,149 0 0
GENERAC HLDGS INC COM 368736104   1,261,400 10,000 SH   SOLE   10,000 0 0
GENERAL ELECTRIC CO COM NEW 369604301   5,265,900 30,000 SH   SOLE   30,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101   1,235,700 90,000 SH   SOLE   90,000 0 0
HAYWARD HLDGS INC COM 421298100   765,500 50,000 SH   SOLE   50,000 0 0
HUBBELL INC COM 443510607   2,490,300 6,000 SH   SOLE   6,000 0 0
HUNTSMAN CORP COM 447011107   1,301,500 50,000 SH   SOLE   50,000 0 0
INTERNATIONAL PAPER CO COM 460146103   780,400 20,000 SH   SOLE   20,000 0 0
JETBLUE AWYS CORP COM 477143101   964,600 130,000 SH   SOLE   130,000 0 0
JOHNSON CTLS INTL PLC SHS G51502105   1,306,400 20,000 SH   SOLE   20,000 0 0
LESLIES INC COM 527064109   1,609,400 247,600 SH   SOLE   247,600 0 0
LOUISIANA PAC CORP COM 546347105   2,517,300 30,000 SH   SOLE   30,000 0 0
MASTEC INC COM 576323109   1,398,750 15,000 SH   SOLE   15,000 0 0
MOBILEYE GLOBAL INC COMMON CLASS A 60741F104   1,607,500 50,000 SH   SOLE   50,000 0 0
MOSAIC CO NEW COM 61945C103   3,895,200 120,000 SH   SOLE   120,000 0 0
MP MATERIALS CORP COM CL A 553368101   143,000 10,000 SH   SOLE   10,000 0 0
MSC INDL DIRECT INC CALL 553530906   970,400 10,000 SH Call SOLE   100 0 0
NORDSON CORP COM 655663102   2,745,400 10,000 SH   SOLE   10,000 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104   941,850 45,000 SH   SOLE   45,000 0 0
NUTRIEN LTD COM 67077M108   1,357,750 25,000 SH   SOLE   25,000 0 0
NVENT ELECTRIC PLC SHS G6700G107   3,393,000 45,000 SH   SOLE   45,000 0 0
OCCIDENTAL PETE CORP COM 674599105   1,299,800 20,000 SH   SOLE   20,000 0 0
ORION S.A. COM L72967109   9,479,524 403,041 SH   SOLE   403,041 0 0
PHINIA INC COMMON STOCK 71880K101   960,750 25,000 SH   SOLE   25,000 0 0
PURECYCLE TECHNOLOGIES INC COM 74623V103   217,700 35,000 SH   SOLE   35,000 0 0
REGAL REXNORD CORPORATION COM 758750103   1,801,000 10,000 SH   SOLE   10,000 0 0
SAIA INC COM 78709Y105   2,047,500 3,500 SH   SOLE   3,500 0 0
SCHNEIDER NATIONAL INC CL B 80689H102   1,245,200 55,000 SH   SOLE   55,000 0 0
SEALED AIR CORP NEW COM 81211K100   2,046,000 55,000 SH   SOLE   55,000 0 0
SIGMA LITHIUM CORPORATION COM 826599102   129,600 10,000 SH   SOLE   10,000 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109   1,354,789 37,560 SH   SOLE   37,560 0 0
SPIRIT AEROSYSTEMS HLDGS INC PUT 848574959   1,803,500 50,000 SH Put SOLE   500 0 0
STANDARD LITHIUM LTD COM 853606101   29,500 25,000 SH   SOLE   25,000 0 0
STANLEY BLACK & DECKER INC COM 854502101   2,448,250 25,000 SH   SOLE   25,000 0 0
TRIUMPH GROUP INC NEW COM 896818101   526,400 35,000 SH   SOLE   35,000 0 0
TRONOX HOLDINGS PLC SHS G9087Q102   1,047,420 60,370 SH   SOLE   60,370 0 0
UNITED AIRLS HLDGS INC COM 910047109   2,633,400 55,000 SH   SOLE   55,000 0 0
UNITED STATES STL CORP NEW COM 912909108   815,600 20,000 SH   SOLE   20,000 0 0
VALE S A SPONSORED ADS 91912E105   1,828,500 150,000 SH   SOLE   150,000 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607   2,690,640 8,000 SH   SOLE   8,000 0 0
VONTIER CORPORATION COM 928881101   453,600 10,000 SH   SOLE   10,000 0 0
WEST FRASER TIMBER CO LTD COM 952845105   431,746 5,000 SH   SOLE   5,000 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   1,795,500 50,000 SH   SOLE   50,000 0 0
XPO INC COM 983793100   1,830,450 15,000 SH   SOLE   15,000 0 0
ZEBRA TECHNOLOGIES CORPORATI CL A 989207105   3,768,000 12,500 SH   SOLE   12,500 0 0