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
ADIENT PLC ORD SHS G0084W101 68,913 2,839,442 SH   SOLE 2,839,442 0 0
ALLY FINL INC COM 02005N100 89,647 2,892,770 SH   SOLE 2,892,770 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 75,771 2,323,547 SH   SOLE 2,323,547 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 40,140 2,039,633 SH   SOLE 2,039,633 0 0
CLEARWAY ENERGY INC CL A 18539C105 391 24,176 SH   SOLE 24,176 0 0
CLEARWAY ENERGY INC CL C 18539C204 31,733 1,882,139 SH   SOLE 1,882,139 0 0
CM FIN INC COM 12574Q103 29,056 3,818,186 SH   SOLE 3,818,186 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 108,620 1,914,012 SH   SOLE 1,914,012 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 4,630 3,704,019 SH   SOLE 3,704,019 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 76,068 4,003,576 SH   SOLE 4,003,576 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 79,442 2,994,406 SH   SOLE 2,994,406 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 1,010 10,000 SH   SOLE 10,000 0 0
OVERSEAS SHIPHOLDING GROUP I CL A NEW 69036R863 16,749 8,908,857 SH   SOLE 8,908,857 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 1,341 25,000 SH   SOLE 25,000 0 0
SPHERE 3D CORP NEW COM 84841L308 228 145,301 SH   SOLE 145,301 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 35,101 1,699,002 SH   SOLE 1,699,002 0 0
UNITED CONTL HLDGS INC COM 910047109 181,102 2,068,556 SH   SOLE 2,068,556 0 0