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
TECK RESOURCES LTD CL B 878742204 130,300 7,179,078 SH   DFND 1 7,179,078 0 0
MICHAELS COS INC COM 59408Q106 116,879 8,983,819 SH   DFND 1 8,983,819 0 0
SINCLAIR BROADCAST GROUP INC CL A 829226109 112,923 3,545,470 SH   DFND 1 3,545,470 0 0
BED BATH & BEYOND INC COM 075896100 108,297 6,097,786 SH   DFND 1 6,097,786 0 0
MACYS INC COM 55616P104 90,868 8,077,155 SH   DFND 1 8,077,155 0 0
SABRE CORP COM 78573M104 85,727 7,132,038 SH   DFND 1 7,132,038 0 0
ENDO INTL PLC SHS G30401106 78,864 10,983,875 SH   DFND 1 10,983,875 0 0
SIGNET JEWELERS LIMITED SHS G81276100 72,149 2,645,725 SH   DFND 1 2,645,725 0 0
VIACOMCBS INC CL B 92556H206 69,633 1,868,840 SH   DFND 1 1,868,840 0 0
QURATE RETAIL INC COM SER A 74915M100 69,157 6,304,152 SH   DFND 1 6,304,152 0 0
MSG NETWORK INC CL A 553573106 58,558 3,972,758 SH   DFND 1 3,972,758 0 0
AMC NETWORKS INC CL A 00164V103 54,965 1,536,612 SH   DFND 1 1,536,612 0 0
COTY INC COM CL A 222070203 48,743 6,943,494 SH   DFND 1 6,943,494 0 0
BALLYS CORPORATION COM 05875B106 44,299 881,919 SH   DFND 1 881,919 0 0
CANOPY GROWTH CORP COM 138035100 39,484 1,602,453 SH   DFND 1 1,602,453 0 0
BOYD GAMING CORP COM 103304101 38,535 897,822 SH   DFND 1 897,822 0 0
FOX CORP CL A COM 35137L105 37,329 1,281,914 SH   DFND 1 1,281,914 0 0
FOSSIL GROUP INC COM 34988V106 36,906 4,256,762 SH   DFND 1 4,256,762 0 0
IHEARTMEDIA INC COM CL A 45174J509 22,954 1,768,431 SH   DFND 1 1,768,431 0 0
CAPRI HOLDINGS LIMITED SHS G1890L107 20,309 483,541 SH   DFND 1 483,541 0 0
LIONS GATE ENTMNT CORP CL A VTG 535919401 19,780 1,739,682 SH   DFND 1 1,739,682 0 0
CARS COM INC COM 14575E105 19,356 1,712,896 SH   DFND 1 1,712,896 0 0
FREEPORT-MCMORAN INC COM 35671D857 18,473 709,953 SH   DFND 1 709,953 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 16,491 973,505 SH   DFND 1 973,505 0 0
CHICOS FAS INC COM 168615102 16,343 10,278,849 SH   DFND 1 10,278,849 0 0
NATIONAL OILWELL VARCO INC COM 637071101 14,877 1,083,512 SH   DFND 1 1,083,512 0 0
WARRIOR MET COAL INC COM 93627C101 14,034 658,234 SH   DFND 1 658,234 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 13,987 350,723 SH   DFND 1 350,723 0 0
GUESS INC COM 401617105 13,290 587,515 SH   DFND 1 587,515 0 0
MOLSON COORS BEVERAGE CO CL B 60871R209 12,032 266,245 SH   DFND 1 266,245 0 0
INVESCO LTD SHS G491BT108 11,428 655,674 SH   DFND 1 655,674 0 0
ABERCROMBIE & FITCH CO CL A 002896207 8,601 422,465 SH   DFND 1 422,465 0 0
KINROSS GOLD CORP COM 496902404 8,290 1,129,406 SH   DFND 1 1,129,406 0 0
DILLARDS INC CL A 254067101 7,584 120,283 SH   DFND 1 120,283 0 0
SUNCOKE ENERGY INC COM 86722A103 6,693 1,538,663 SH   DFND 1 1,538,663 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 5,902 54,052 SH   DFND 1 54,052 0 0
WW INTL INC COM 98262P101 5,542 227,138 SH   DFND 1 227,138 0 0
EXPRESS INC COM 30219E103 5,512 6,057,100 SH   DFND 1 6,057,100 0 0
BARRICK GOLD CORP COM 067901108 5,467 239,982 SH   DFND 1 239,982 0 0
DESPEGAR COM CORP ORD SHS G27358103 4,182 326,454 SH   DFND 1 326,454 0 0
OVERSTOCK COM INC DEL COM 690370101 4,106 85,600 SH   DFND 1 85,600 0 0
PHILIP MORRIS INTL INC COM 718172109 4,096 49,474 SH   DFND 1 49,474 0 0
MOVADO GROUP INC COM 624580106 3,604 216,837 SH   DFND 1 216,837 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108 3,543 34,840 SH   DFND 1 34,840 0 0
DISCOVERY INC COM SER C 25470F302 3,446 131,594 SH   DFND 1 131,594 0 0
BAIDU INC SPON ADR REP A 056752108 3,184 14,724 SH   DFND 1 14,724 0 0
DISNEY WALT CO COM 254687106 2,947 16,264 SH   DFND 1 16,264 0 0
GRAY TELEVISION INC COM 389375106 2,776 155,197 SH   DFND 1 155,197 0 0
AUTOHOME INC SP ADR RP CL A 05278C107 2,335 23,441 SH   DFND 1 23,441 0 0
EXPEDIA GROUP INC COM NEW 30212P303 2,019 15,246 SH   DFND 1 15,246 0 0
WEIBO CORP SPONSORED ADR 948596101 1,915 46,707 SH   DFND 1 46,707 0 0
IAMGOLD CORP COM 450913108 1,900 517,840 SH   DFND 1 517,840 0 0
BOOKING HOLDINGS INC COM 09857L108 1,886 847 SH   DFND 1 847 0 0
JD.COM INC SPON ADR CL A 47215P106 1,869 21,266 SH   DFND 1 21,266 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,842 7,915 SH   DFND 1 7,915 0 0
TWITTER INC COM 90184L102 1,276 23,557 SH   DFND 1 23,557 0 0
TRIPADVISOR INC COM 896945201 1,265 43,951 SH   DFND 1 43,951 0 0
ARCH RESOURCES INC CL A 03940R107 1,039 23,733 SH   DFND 1 23,733 0 0
OVINTIV INC COM 69047Q102 792 55,155 SH   DFND 1 55,155 0 0
RANGE RES CORP COM 75281A109 741 110,592 SH   DFND 1 110,592 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 581 7,665 SH   DFND 1 7,665 0 0
DINE BRANDS GLOBAL INC COM 254423106 503 8,678 SH   DFND 1 8,678 0 0
FRANKLIN RESOURCES INC COM 354613101 381 15,261 SH   DFND 1 15,261 0 0
AMBEV SA SPONSORED ADR 02319V103 308 100,694 SH   DFND 1 100,694 0 0
PAN AMERN SILVER CORP COM 697900108 305 8,841 SH   DFND 1 8,841 0 0