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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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ARCOSA INC COM 039653100   11,960,641 139,304 SH   SOLE   139,304 0 0
AVID BIOSERVICES INC COM 05368M106   7,035,000 1,050,000 SH   SOLE   1,050,000 0 0
AXALTA COATING SYS LTD COM G0750C108   2,579,250 75,000 SH Put SOLE   75,000 0 0
BROOKFIELD BUSINESS PARTNERS UNIT LTD L P G16234109   503,766 22,800 SH   SOLE   22,800 0 0
CAMPING WORLD HLDGS INC CL A 13462K109   2,297,625 82,500 SH Call SOLE   82,500 0 0
CAVCO INDS INC DEL COM 149568107   7,382,610 18,500 SH   SOLE   18,500 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106   5,415,366 129,245 SH   SOLE   129,245 0 0
CONTEXTLOGIC INC CL A NEW 21077C305   584,756 102,769 SH   SOLE   102,769 0 0
DMC GLOBAL INC COM 23291C103   7,186,723 368,739 SH   SOLE   368,739 0 0
ELI LILLY & CO COM 532457108   2,956,248 3,800 SH Put SOLE   3,800 0 0
FERROGLOBE PLC SHS G33856108   6,266,334 1,258,300 SH   SOLE   1,258,300 0 0
FLEX LTD ORD Y2573F102   5,501,703 192,300 SH   SOLE   192,300 0 0
FLUOR CORP NEW COM 343412102   5,158,160 122,000 SH   SOLE   122,000 0 0
GARRETT MOTION INC COM 366505105   4,970,000 500,000 SH   SOLE   500,000 0 0
GREEN PLAINS INC COM 393222104   3,024,073 130,799 SH   SOLE   130,799 0 0
HCI GROUP INC COM 40416E103   5,235,208 45,100 SH   SOLE   45,100 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   11,100,250 25,000 SH Put SOLE   25,000 0 0
INVESTMENT MANAGERS SER TR I AXS SHORT INNOV 46144X628   4,609,920 171,500 SH Call SOLE   171,500 0 0
ISHARES TR IBOXX HI YD ETF 464288513   22,153,050 285,000 SH Put SOLE   285,000 0 0
KBR INC COM 48242W106   5,538,420 87,000 SH   SOLE   87,000 0 0
KNIFE RIVER CORP COMMON STOCK 498894104   2,635,100 32,500 SH Put SOLE   32,500 0 0
MACYS INC COM 55616P104   1,499,250 75,000 SH Put SOLE   75,000 0 0
MDU RES GROUP INC COM 552690109   14,922,608 592,167 SH   SOLE   592,167 0 0
MODIVCARE INC COM 60783X104   4,337,640 184,974 SH   SOLE   184,974 0 0
NUVEI CORPORATION SUB VTG SHS 67079A102   4,399,012 139,100 SH   SOLE   139,100 0 0
ORTHOFIX MED INC COM 68752M108   9,047,368 623,097 SH   SOLE   623,097 0 0
PETIQ INC COM CL A 71639T106   7,779,219 425,559 SH   SOLE   425,559 0 0
RADNET INC COM 750491102   5,109,300 105,000 SH   SOLE   105,000 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   3,915,975 52,500 SH Call SOLE   52,500 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   3,157,320 42,329 SH   SOLE   42,329 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   34,261,085 65,500 SH Put SOLE   65,500 0 0
STONERIDGE INC COM 86183P102   6,960,971 377,493 SH   SOLE   377,493 0 0
TFI INTL INC COM 87241L109   637,840 4,000 SH   SOLE   4,000 0 0
VSE CORP COM 918284100   7,085,840 88,573 SH   SOLE   88,573 0 0