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 61,112 2,540,000 SH   SOLE N/A 2,540,000 0 0
ALASKA AIR GROUP INC COM 011659109 299,819 4,552,364 SH   SOLE N/A 4,552,364 0 0
ALPHABET INC CAP STK CL A 02079K305 583 750 SH   SOLE N/A 750 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 36,504 997,099 SH   SOLE N/A 997,099 0 0
AMERISOURCEBERGEN CORP COM 03073E105 2,682 33,198 SH   SOLE N/A 33,198 0 0
ANADARKO PETE CORP COM 032511107 11,876 187,444 SH   SOLE N/A 187,444 0 0
ARALEZ PHARMACEUTICALS INC COM 03852X100 31,040 6,400,000 SH   SOLE N/A 6,400,000 0 0
AVIS BUDGET GROUP COM 053774105 47,411 1,385,869 SH   SOLE N/A 1,385,869 0 0
BMC STK HLDGS INC COM 05591B109 13,475 760,000 SH   SOLE N/A 760,000 0 0
BOYD GAMING CORP COM 103304101 158,422 8,009,200 SH   SOLE N/A 8,009,200 0 0
CANADIAN PAC RY LTD COM 13645T100 94,895 621,450 SH   SOLE N/A 621,450 0 0
CHAMPIONS ONCOLOGY INC COM NEW 15870P307 646 384,282 SH   SOLE N/A 384,282 0 0
CHEGG INC COM 163092109 61,701 8,702,598 SH   SOLE N/A 8,702,598 0 0
CHURCHILL DOWNS INC COM 171484108 207,610 1,418,586 SH   SOLE N/A 1,418,586 0 0
CIGNA CORPORATION COM 125509109 393,272 3,017,739 SH   SOLE N/A 3,017,739 0 0
COMERICA INC COM 200340107 8,300 175,400 SH   SOLE N/A 175,400 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 56,320 3,238,670 SH   SOLE N/A 3,238,670 0 0
COSTAR GROUP INC COM 22160N109 18,405 85,000 SH   SOLE N/A 85,000 0 0
CSX CORP COM 126408103 7,625 250,000 SH   SOLE N/A 250,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,863 40,000 SH   SOLE N/A 40,000 0 0
DAVITA INC COM 23918K108 33,035 500,000 SH   SOLE N/A 500,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 451,294 11,465,809 SH   SOLE N/A 11,465,809 0 0
DICKS SPORTING GOODS INC COM 253393102 19,852 350,000 SH   SOLE N/A 350,000 0 0
DOVER CORP COM 260003108 1,660 671,931 SH   SOLE N/A 671,931 0 0
DYCOM INDS INC COM 267475101 38,028 465,000 SH   SOLE N/A 465,000 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 3,058 105,000 SH   SOLE N/A 105,000 0 0
EAGLE MATERIALS INC COM 26969P108 47,986 620,781 SH   SOLE N/A 620,781 0 0
ELDORADO RESORTS INC COM 28470R102 65,590 4,665,000 SH   SOLE N/A 4,665,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 828,715 7,100,027 SH   SOLE N/A 7,100,027 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 6,169 80,000 SH   SOLE N/A 80,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 126,089 3,769,478 SH   SOLE N/A 3,769,478 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 240,833 28,981,072 SH   SOLE N/A 28,981,072 0 0
GRUBHUB INC COM 400110102 234,510 5,455,000 SH   SOLE N/A 5,455,000 0 0
HCA HOLDINGS INC COM 40412C101 151,260 2,000,000 SH   SOLE N/A 2,000,000 0 0
HERC HLDGS INC COM 42704L104 43,776 1,299,000 SH   SOLE N/A 1,299,000 0 0
HYATT HOTELS CORP COM CL A 448579102 4,922 100,000 SH Put SOLE N/A 100,000 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 8,081 30,000 SH   SOLE N/A 30,000 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 67,045 2,750,000 SH   SOLE N/A 2,750,000 0 0
INVESCO LTD SHS G491BT108 38,306 1,225,000 SH   SOLE N/A 1,225,000 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 11,141 650,000 SH   SOLE N/A 650,000 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 83,370 3,741,900 SH   SOLE N/A 3,741,900 0 0
JETBLUE AIRWAYS CORP COM 477143101 58,487 3,392,490 SH   SOLE N/A 3,392,490 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 1,297 54,973 SH   SOLE N/A 54,973 0 0
MASONITE INTL CORP NEW COM 575385109 15,356 247,000 SH   SOLE N/A 247,000 0 0
MCKESSON CORP COM 58155Q103 176,755 1,060,000 SH   SOLE N/A 1,060,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 173,282 6,657,000 SH   SOLE N/A 6,657,000 0 0
NEWFIELD EXPL CO COM 651290108 8,801 202,500 SH   SOLE N/A 202,500 0 0
OLLIES BARGAIN OUTLT HLDGS I COM 681116109 13,192 503,313 SH   SOLE N/A 503,313 0 0
OWENS CORNING NEW COM 690742101 138,267 2,589,762 SH   SOLE N/A 2,589,762 0 0
PENN NATL GAMING INC COM 707569109 45,378 3,344,013 SH   SOLE N/A 3,344,013 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 7,751 455,700 SH   SOLE N/A 455,700 0 0
PGT INC COM 69336V101 12,230 1,146,172 SH   SOLE N/A 1,146,172 0 0
PIER 1 IMPORTS INC COM 720279108 4,240 1,000,000 SH   SOLE N/A 1,000,000 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 3,868 313,428 SH   SOLE N/A 313,428 0 0
PRICELINE GRP INC COM NEW 741503403 203,073 138,005 SH   SOLE N/A 138,005 0 0
PROVIDENCE SVC CORP COM 743815102 12,161 250,066 SH   SOLE N/A 250,066 0 0
PURECYCLE CORP COM NEW 746228303 34,342 5,982,970 SH   SOLE N/A 5,982,970 0 0
Q2 HLDGS INC COM 74736L109 4,729 165,000 SH   SOLE N/A 165,000 0 0
RED ROCK RESORTS INC CL A 75700L108 12,621 535,000 SH   SOLE N/A 535,000 0 0
RITE AID CORP COM 767754104 61,035 7,936,922 SH   SOLE N/A 7,936,922 0 0
RMG NETWORKS HLDG CORP COM 74966K102 1,916 2,177,434 SH   SOLE N/A 2,177,434 0 0
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 2,633 330,000 SH   SOLE N/A 330,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 34,085 3,024,413 SH   SOLE N/A 3,024,413 0 0
SEMGROUP CORP CL A 81663A105 11,580 327,500 SH   SOLE N/A 327,500 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 36,122 1,072,500 SH   SOLE N/A 1,072,500 0 0
SOUTHWEST AIRLS CO COM 844741108 213,631 5,493,200 SH   SOLE N/A 5,493,200 0 0
SPORTSMANS WHSE HLDGS INC COM 84920Y106 1,698 161,419 SH   SOLE N/A 161,419 0 0
STIFEL FINL CORP COM 860630102 13,458 350,000 SH   SOLE N/A 350,000 0 0
STONE ENERGY CORP NOTE 1.750% 3/0 861642AN6 2,435 4,509,000 PRN   SOLE N/A 4,509,000 0 0
TRIPADVISOR INC COM 896945201 204,576 3,237,990 SH   SOLE N/A 3,237,990 0 0
TRUECAR INC COM 89785L107 47,498 5,031,568 SH   SOLE N/A 5,031,568 0 0
TUESDAY MORNING CORP COM NEW 899035505 13,682 2,288,000 SH   SOLE N/A 2,288,000 0 0
UNION PAC CORP COM 907818108 4,877 50,000 SH   SOLE N/A 50,000 0 0
UNITED CONTL HLDGS INC COM 910047109 854,983 16,294,711 SH   SOLE N/A 16,294,711 0 0
VISA INC COM CL A 92826C839 23,570 285,000 SH   SOLE N/A 285,000 0 0
WAYFAIR INC CL A 94419L101 11,811 300,000 SH   SOLE N/A 300,000 0 0
WEBSTER FINL CORP CONN COM 947890109 6,082 160,000 SH   SOLE N/A 160,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 55,466 473,701 SH   SOLE N/A 473,701 0 0
WEX INC COM 96208T104 47,019 435,000 SH   SOLE N/A 435,000 0 0
WHITING PETE CORP NEW COM 966387102 28,842 3,300,000 SH   SOLE N/A 3,300,000 0 0
WILLIAMS COS INC DEL COM 969457100 75,596 2,460,000 SH   SOLE N/A 2,460,000 0 0
WYNN RESORTS LTD COM 983134107 30,752 315,668 SH   SOLE N/A 315,668 0 0
XENIA HOTELS & RESORTS INC COM 984017103 7,199 474,211 SH   SOLE N/A 474,211 0 0
ZILLOW GROUP INC CL A 98954M101 55,737 1,617,910 SH   SOLE N/A 1,617,910 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 134,513 3,882,041 SH   SOLE N/A 3,882,041 0 0