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
ADVANCED DRAIN SYS INC DEL COM 00790R104 41,129 1,402,300 SH   SOLE N/A 1,402,300 0 0
ALASKA AIR GROUP INC COM 011659109 293,309 4,552,364 SH   SOLE N/A 4,552,364 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 159,740 4,000,000 SH   SOLE N/A 4,000,000 0 0
ANADARKO PETE CORP COM 032511107 14,632 187,444 SH   SOLE N/A 187,444 0 0
ANGIES LIST INC COM 034754101 3,394 551,000 SH   SOLE N/A 551,000 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 21,372 460,000 SH   SOLE N/A 460,000 0 0
ASHFORD HOSPITALITY PRIME IN COM 044102101 3,398 226,258 SH   SOLE N/A 226,258 0 0
AVIS BUDGET GROUP COM 053774105 17,009 385,869 SH   SOLE N/A 385,869 0 0
BOYD GAMING CORP COM 103304101 114,578 7,664,055 SH   SOLE N/A 7,664,055 0 0
CANADIAN PAC RY LTD COM 13645T100 52,876 330,000 SH   SOLE N/A 330,000 0 0
CHEGG INC COM 163092109 58,800 7,500,000 SH   SOLE N/A 7,500,000 0 0
CHURCHILL DOWNS INC COM 171484108 160,882 1,286,544 SH   SOLE N/A 1,286,544 0 0
CLEAN HARBORS INC COM 184496107 51,716 962,337 SH   SOLE N/A 962,337 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 13,051 1,093,062 SH   SOLE N/A 1,093,062 0 0
COPA HOLDINGS SA CL A P31076105 92,088 1,115,000 SH   SOLE N/A 1,115,000 0 0
COSTAR GROUP INC COM 22160N109 10,868 54,000 SH   SOLE N/A 54,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 507,987 12,365,809 SH   SOLE N/A 12,365,809 0 0
DOVER MOTORSPORTS INC COM 260174107 1,485 671,931 SH   SOLE N/A 671,931 0 0
EAGLE MATERIALS INC COM 26969P108 14,472 189,600 SH   SOLE N/A 189,600 0 0
ELDORADO RESORTS INC COM 28470R102 29,524 3,775,395 SH   SOLE N/A 3,775,395 0 0
ENSIGN GROUP INC COM 29358P101 12,765 250,000 SH   SOLE N/A 250,000 0 0
EVINE LIVE INC CL A 300487105 11,413 4,242,900 SH   SOLE N/A 4,242,900 0 0
EXPEDIA INC DEL COM NEW 30212P303 411,134 3,759,800 SH   SOLE N/A 3,759,800 0 0
FIRST MARBLEHEAD CORP COM NEW 320771207 346 60,000 SH   SOLE N/A 60,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 6,303 100,000 SH   SOLE N/A 100,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 4,469 240,000 SH   SOLE N/A 240,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 135,234 3,688,863 SH   SOLE N/A 3,688,863 0 0
GENERAL MTRS CO COM 37045V100 76,777 2,303,550 SH   SOLE N/A 2,303,550 0 0
GENESEE & WYO INC CL A 371559105 27,530 361,382 SH   SOLE N/A 361,382 0 0
GLOBAL EAGLE ACQUISITION COR COM 37951D102 377,334 28,981,072 SH   SOLE N/A 28,981,072 0 0
GREENBRIER COS INC COM 393657101 44,302 945,614 SH   SOLE N/A 945,614 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 37,168 2,051,200 SH   SOLE N/A 2,051,200 0 0
INTERCONTINENTALEXCHANGE GRO COM 45866F104 11,404 51,000 SH   SOLE N/A 51,000 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 3,092 174,100 SH   SOLE N/A 174,100 0 0
INVESCO LTD SHS G491BT108 19,120 510,000 SH   SOLE N/A 510,000 0 0
LAKES ENTMNT INC COM NEW 51206P208 5,979 658,457 SH   SOLE N/A 658,457 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 1,574 79,973 SH   SOLE N/A 79,973 0 0
MASONITE INTL CORP NEW COM 575385109 19,070 272,000 SH   SOLE N/A 272,000 0 0
MELCO CROWN ENTMT LTD ADR 585464100 88,797 4,523,519 SH   SOLE N/A 4,523,519 0 0
MGM RESORTS INTERNATIONAL COM 552953101 6,572 360,100 SH   SOLE N/A 360,100 0 0
MUELLER INDS INC COM 624756102 11,110 320,000 SH   SOLE N/A 320,000 0 0
NEWFIELD EXPL CO COM 651290108 7,314 202,500 SH   SOLE N/A 202,500 0 0
OWENS CORNING NEW COM 690742101 64,134 1,554,762 SH   SOLE N/A 1,554,762 0 0
PENN NATL GAMING INC COM 707569109 118,198 6,441,300 SH   SOLE N/A 6,441,300 0 0
PGT INC COM 69336V101 14,527 1,001,172 SH   SOLE N/A 1,001,172 0 0
PINNACLE ENTMT INC COM 723456109 46,951 1,259,407 SH   SOLE N/A 1,259,407 0 0
POZEN INC COM 73941U102 39,835 3,863,699 SH   SOLE N/A 3,863,699 0 0
PRICELINE COM INC COM NEW 741503403 97,176 84,400 SH   SOLE N/A 84,400 0 0
PROVIDENCE SVC CORP COM 743815102 6,645 150,066 SH   SOLE N/A 150,066 0 0
PURECYCLE CORP COM NEW 746228303 31,111 5,982,970 SH   SOLE N/A 5,982,970 0 0
Q2 HLDGS INC COM 74736L109 3,531 125,000 SH   SOLE N/A 125,000 0 0
QUNAR CAYMAN IS LTD SPNS ADR CL B 74906P104 109,757 2,561,416 SH   SOLE N/A 2,561,416 0 0
RITE AID CORP COM 767754104 57,163 6,845,922 SH   SOLE N/A 6,845,922 0 0
RMG NETWORKS HLDG CORP COM 74966K102 3,053 3,587,293 SH   SOLE N/A 3,587,293 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 47,675 3,067,900 SH   SOLE N/A 3,067,900 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 32,824 907,500 SH   SOLE N/A 907,500 0 0
SOUTHWEST AIRLS CO COM 844741108 137,257 4,148,000 SH   SOLE N/A 4,148,000 0 0
SPIRIT AIRLS INC COM 848577102 21,729 349,900 SH   SOLE N/A 349,900 0 0
STATE STR CORP COM 857477103 4,443 57,700 SH   SOLE N/A 57,700 0 0
STIFEL FINL CORP COM 860630102 6,929 120,000 SH   SOLE N/A 120,000 0 0
STONE ENERGY CORP COM 861642106 11,331 900,000 SH   SOLE N/A 900,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 22,729 392,700 SH   SOLE N/A 392,700 0 0
TRIPADVISOR INC COM 896945201 107,390 1,232,390 SH   SOLE N/A 1,232,390 0 0
TRUECAR INC COM 89785L107 98,138 8,185,000 SH   SOLE N/A 8,185,000 0 0
UNITED CONTL HLDGS INC COM 910047109 140,086 2,642,632 SH   SOLE N/A 2,642,632 0 0
UNITED RENTALS INC COM 911363109 72,741 830,184 SH   SOLE N/A 830,184 0 0
VANTIV INC CL A 92210H105 3,437 90,000 SH   SOLE N/A 90,000 0 0
VIRGIN AMER INC COM VTG 92765X208 62,228 2,264,492 SH   SOLE N/A 2,264,492 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 5,687 43,000 SH   SOLE N/A 43,000 0 0
VISA INC COM CL A 92826C839 17,325 258,000 SH   SOLE N/A 258,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 42,415 500,000 SH   SOLE N/A 500,000 0 0
WEX INC COM 96208T104 9,346 82,000 SH   SOLE N/A 82,000 0 0
WYNN RESORTS LTD COM 983134107 4,934 50,000 SH   SOLE N/A 50,000 0 0