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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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
ADVANCED DRAIN SYS INC DEL COM 00790R104 42,600 2,000,000 SH   SOLE N/A 2,000,000 0 0
ALASKA AIR GROUP INC COM 011659109 373,385 4,552,364 SH   SOLE N/A 4,552,364 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 41,010 1,000,000 SH   SOLE N/A 1,000,000 0 0
ANADARKO PETE CORP COM 032511107 8,729 187,444 SH   SOLE N/A 187,444 0 0
ARALEZ PHARMACEUTICALS INC COM 03852X100 19,046 5,365,000 SH   SOLE N/A 5,365,000 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 5,397 175,000 SH   SOLE N/A 175,000 0 0
AVIS BUDGET GROUP COM 053774105 37,917 1,385,869 SH   SOLE N/A 1,385,869 0 0
BOYD GAMING CORP COM 103304101 153,736 7,441,246 SH   SOLE N/A 7,441,246 0 0
CANADIAN PAC RY LTD COM 13645T100 93,075 701,450 SH   SOLE N/A 701,450 0 0
CHAMPIONS ONCOLOGY INC COM NEW 15870P307 3,034 833,333 SH   SOLE N/A 833,333 0 0
CHEGG INC COM 163092109 39,255 8,801,613 SH   SOLE N/A 8,801,613 0 0
CHURCHILL DOWNS INC COM 171484108 190,343 1,287,144 SH   SOLE N/A 1,287,144 0 0
CIGNA CORPORATION COM 125509109 288,204 2,100,000 SH   SOLE N/A 2,100,000 0 0
CLEAN HARBORS INC COM 184496107 34,538 700,000 SH   SOLE N/A 700,000 0 0
COMERICA INC COM 200340107 6,627 175,000 SH   SOLE N/A 175,000 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 66,810 3,170,844 SH   SOLE N/A 3,170,844 0 0
COSTAR GROUP INC COM 22160N109 15,242 81,000 SH   SOLE N/A 81,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 46,473 1,050,000 SH   SOLE N/A 1,050,000 0 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 42,879 584,335 SH   SOLE N/A 584,335 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 558,156 11,465,809 SH   SOLE N/A 11,465,809 0 0
DOVER MOTORSPORTS INC COM 260174107 1,525 671,931 SH   SOLE N/A 671,931 0 0
EAGLE MATERIALS INC COM 26969P108 37,914 540,781 SH   SOLE N/A 540,781 0 0
ELDORADO RESORTS INC COM 28470R102 40,633 3,551,839 SH   SOLE N/A 3,551,839 0 0
EXPEDIA INC DEL COM NEW 30212P303 465,765 4,319,840 SH   SOLE N/A 4,319,840 0 0
FIRST MARBLEHEAD CORP COM NEW 320771207 228 60,000 SH   SOLE N/A 60,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 5,331 80,000 SH   SOLE N/A 80,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 4,886 472,500 SH   SOLE N/A 472,500 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 146,182 4,727,763 SH   SOLE N/A 4,727,763 0 0
GENERAL MTRS CO COM 37045V100 78,687 2,503,550 SH   SOLE N/A 2,503,550 0 0
GENESEE & WYO INC CL A 371559105 29,556 471,382 SH   SOLE N/A 471,382 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 246,919 28,981,072 SH   SOLE N/A 28,981,072 0 0
GOLDEN ENTMT INC COM 381013101 2,752 253,887 SH   SOLE N/A 253,887 0 0
GRUBHUB INC COM 400110102 137,084 5,455,000 SH   SOLE N/A 5,455,000 0 0
HCA HOLDINGS INC COM 40412C101 156,100 2,000,000 SH   SOLE N/A 2,000,000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 21,060 2,000,000 SH   SOLE N/A 2,000,000 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 7,054 30,000 SH   SOLE N/A 30,000 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 60,413 3,310,328 SH   SOLE N/A 3,310,328 0 0
INVESCO LTD SHS G491BT108 23,693 770,000 SH   SOLE N/A 770,000 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 14,206 642,800 SH   SOLE N/A 642,800 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 29,281 2,091,500 SH   SOLE N/A 2,091,500 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 1,447 79,973 SH   SOLE N/A 79,973 0 0
MASONITE INTL CORP NEW COM 575385109 17,816 272,000 SH   SOLE N/A 272,000 0 0
MCKESSON CORP COM 58155Q103 157,250 1,000,000 SH   SOLE N/A 1,000,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 1,651 100,000 SH   SOLE N/A 100,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 125,574 5,857,000 SH   SOLE N/A 5,857,000 0 0
NEWFIELD EXPL CO COM 651290108 6,733 202,500 SH   SOLE N/A 202,500 0 0
OLLIES BARGAIN OUTLT HLDGS I COM 681116109 3,413 145,675 SH   SOLE N/A 145,675 0 0
OWENS CORNING NEW COM 690742101 110,860 2,344,762 SH   SOLE N/A 2,344,762 0 0
PARTY CITY HOLDCO INC COM 702149105 2,276 151,300 SH   SOLE N/A 151,300 0 0
PENN NATL GAMING INC COM 707569109 79,645 4,772,013 SH   SOLE N/A 4,772,013 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 3,940 335,000 SH   SOLE N/A 335,000 0 0
PGT INC COM 69336V101 11,278 1,146,172 SH   SOLE N/A 1,146,172 0 0
PINNACLE ENTMT INC COM 723456109 83,365 2,375,058 SH   SOLE N/A 2,375,058 0 0
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 11,297 1,299,974 SH   SOLE N/A 1,299,974 0 0
PRICELINE GRP INC COM NEW 741503403 176,143 136,655 SH   SOLE N/A 136,655 0 0
PROVIDENCE SVC CORP COM 743815102 7,664 150,066 SH   SOLE N/A 150,066 0 0
PURECYCLE CORP COM NEW 746228303 26,983 5,982,970 SH   SOLE N/A 5,982,970 0 0
Q2 HLDGS INC COM 74736L109 3,967 165,000 SH   SOLE N/A 165,000 0 0
RITE AID CORP COM 767754104 59,796 7,336,922 SH   SOLE N/A 7,336,922 0 0
RMG NETWORKS HLDG CORP COM 74966K102 3,027 2,587,293 SH   SOLE N/A 2,587,293 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 37,720 4,000,000 SH   SOLE N/A 4,000,000 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 42,296 1,122,500 SH   SOLE N/A 1,122,500 0 0
SOUTHWEST AIRLS CO COM 844741108 166,208 3,710,000 SH   SOLE N/A 3,710,000 0 0
STAPLES INC COM 855030102 7,170 650,000 SH   SOLE N/A 650,000 0 0
STATE STR CORP COM 857477103 10,534 180,000 SH   SOLE N/A 180,000 0 0
STIFEL FINL CORP COM 860630102 8,880 300,000 SH   SOLE N/A 300,000 0 0
TRIPADVISOR INC COM 896945201 212,666 3,197,990 SH   SOLE N/A 3,197,990 0 0
TRUECAR INC COM 89785L107 28,126 5,031,568 SH   SOLE N/A 5,031,568 0 0
TUESDAY MORNING CORP COM NEW 899035505 6,928 847,000 SH   SOLE N/A 847,000 0 0
UNITED CONTL HLDGS INC COM 910047109 861,368 14,389,711 SH   SOLE N/A 14,389,711 0 0
UNITED RENTALS INC COM 911363109 46,953 755,000 SH   SOLE N/A 755,000 0 0
VIRGIN AMER INC COM VTG 92765X208 30,462 790,000 SH   SOLE N/A 790,000 0 0
VISA INC COM CL A 92826C839 21,414 280,000 SH   SOLE N/A 280,000 0 0
WEBSTER FINL CORP CONN COM 947890109 4,224 117,673 SH   SOLE N/A 117,673 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 90,311 973,701 SH   SOLE N/A 973,701 0 0
WEX INC COM 96208T104 33,344 400,000 SH   SOLE N/A 400,000 0 0
WYNN RESORTS LTD COM 983134107 28,559 305,668 SH   SOLE N/A 305,668 0 0
ZILLOW GROUP INC CL A 98954M101 41,337 1,617,910 SH   SOLE N/A 1,617,910 0 0
ZILLOW INC CL C 98954M200 92,121 3,882,041 SH   SOLE N/A 3,882,041 0 0