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
ALTICE USA INC CL A 02156K103 37,086 1,356,460 SH   SOLE   1,356,460 0 0
BAUSCH HEALTH COS INC COM 071734107 9,589 320,500 SH   SOLE   320,500 0 0
BLACKSTONE GROUP INC COM CL A 09260D107 27,970 500,000 SH Put SOLE   500,000 0 0
CROWN HOLDINGS INC COM 228368106 711 9,795 SH   SOLE   9,795 0 0
CROWN HOLDINGS INC COM 228368106 18,135 250,000 SH Call SOLE   250,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 11,428 49,700 SH   SOLE   49,700 0 0
LAUREATE EDUCATION INC CL A 518613203 15,239 865,380 SH   SOLE   865,380 0 0
LENNAR CORP CL A 526057104 12,968 232,448 SH   SOLE   232,448 0 0
LYON WILLIAM HOMES CL A NEW 552074700 31,862 1,594,702 SH   SOLE   1,594,702 0 0
PLAYA HOTELS & RESORTS NV SHS N70544106 23,210 2,763,047 SH   SOLE   2,763,047 0 0
POST HLDGS INC COM 737446104 12,374 113,416 SH   SOLE   113,416 0 0
RED ROCK RESORTS INC CL A 75700L108 11,459 478,466 SH   SOLE   478,466 0 0
VICI PPTYS INC COM 925652109 23,909 935,783 SH   SOLE   935,783 0 0
WILLSCOT CORP COM 971375126 26,912 1,455,513 SH   SOLE   1,455,513 0 0
ZENDESK INC COM 98936J101 23,423 305,659 SH   SOLE   305,659 0 0