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
ABBVIE INC COM 00287Y109 380,321 6,030,141 SH   SOLE   6,030,141 0 0
AETNA INC NEW COM 00817Y108 597,998 5,179,716 SH   SOLE   5,179,716 0 0
ALPHABET INC CAP STK CL A 02079K305 298,989 371,849 SH   SOLE   371,849 0 0
ANTHEM INC COM 036752103 701,390 5,597,242 SH   SOLE   5,597,242 0 0
APPLE INC COM 037833100 76,785 679,213 SH   SOLE   679,213 0 0
ASBURY AUTOMOTIVE GROUP INC COM 043436104 54,263 974,731 SH   SOLE   974,731 0 0
AUTONATION INC COM 05329W102 91,859 1,885,833 SH   SOLE   1,885,833 0 0
AVIS BUDGET GROUP COM 053774105 283,875 8,298,004 SH   SOLE   8,298,004 0 0
B/E AEROSPACE INC COM 073302101 44,135 854,335 SH   SOLE   854,335 0 0
BROOKDALE SR LIVING INC COM 112463104 290,201 16,630,415 SH   SOLE   16,630,415 0 0
CBS CORP NEW CL B 124857202 739,013 13,500,427 SH   SOLE   13,500,427 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 181,581 672,597 SH   SOLE   672,597 0 0
CIGNA CORPORATION COM 125509109 780,799 5,991,396 SH   SOLE   5,991,396 0 0
CITIGROUP INC *W EXP 01/04/201 172967226 419 8,031,020 SH   SOLE   8,031,020 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 56,095 1,405,892 SH   SOLE   1,405,892 0 0
COMPUTER SCIENCES CORP COM 205363104 398,981 7,641,847 SH   SOLE   7,641,847 0 0
DOW CHEM CO COM 260543103 305,858 5,901,185 SH   SOLE   5,901,185 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 122,018 1,821,983 SH   SOLE   1,821,983 0 0
ENDO INTL PLC SHS G30401106 85,653 4,250,784 SH   SOLE   4,250,784 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 45,207 640,960 SH   SOLE   640,960 0 0
F M C CORP COM NEW 302491303 503,486 10,415,525 SH   SOLE   10,415,525 0 0
FIRST DATA CORP NEW COM CL A 32008D106 151,835 11,537,629 SH   SOLE   11,537,629 0 0
FLEX LTD ORD Y2573F102 530,779 38,970,589 SH   SOLE   38,970,589 0 0
HCA HOLDINGS INC COM 40412C101 1,209,247 15,988,990 SH   SOLE   15,988,990 0 0
HEALTHSOUTH CORP COM NEW 421924309 290,878 7,169,780 SH   SOLE   7,169,780 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 265,167 6,602,768 SH   SOLE   6,602,768 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 68,563 3,013,739 SH   SOLE   3,013,739 0 0
HUMANA INC COM 444859102 1,685,616 9,529,175 SH   SOLE   9,529,175 0 0
IMS HEALTH HLDGS INC COM 44970B109 232,751 7,426,648 SH   SOLE   7,426,648 0 0
KINDRED HEALTHCARE INC COM 494580103 20,437 1,999,713 SH   SOLE   1,999,713 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409 579,069 4,212,026 SH   SOLE   4,212,026 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 146,518 4,286,651 SH   SOLE   4,286,651 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 175,795 5,320,677 SH   SOLE   5,320,677 0 0
LIFEPOINT HEALTH INC COM 53219L109 14,808 250,000 SH   SOLE   250,000 0 0
MANPOWERGROUP INC COM 56418H100 207,387 2,870,015 SH   SOLE   2,870,015 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 60,680 4,572,703 SH   SOLE   4,572,703 0 0
MERITOR INC COM 59001K100 90,451 8,126,817 SH   SOLE   8,126,817 0 0
PHH CORP COM NEW 693320202 68,195 4,719,361 SH   SOLE   4,719,361 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 83,489 10,294,598 SH   SOLE   10,294,598 0 0
QUINTILES TRANSNATIO HLDGS I COM 74876Y101 274,114 3,381,622 SH   SOLE   3,381,622 0 0
REALOGY HLDGS CORP COM 75605Y106 155,226 6,002,557 SH   SOLE   6,002,557 0 0
TAILORED BRANDS INC COM 87403A107 37,680 2,400,000 SH   SOLE   2,400,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 405,393 17,890,230 SH   SOLE   17,890,230 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 100,124 2,176,144 SH   SOLE   2,176,144 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 427,285 2,686,316 SH   SOLE   2,686,316 0 0
TIME WARNER INC COM NEW 887317303 100,077 1,257,086 SH   SOLE   1,257,086 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 117,107 950,390 SH   SOLE   950,390 0 0
VEREIT INC COM 92339V100 149,225 14,390,111 SH   SOLE   14,390,111 0 0
WILLIAMS COS INC DEL COM 969457100 259,317 8,438,558 SH   SOLE   8,438,558 0 0
WILLIS TOWERS WATSON PUB LTD SHS G96629103 35,576 267,951 SH   SOLE   267,951 0 0