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 59,940 2,737,000 SH   SOLE N/A 2,737,000 0 0
ALASKA AIR GROUP INC COM 011659109 415,208 4,502,364 SH   SOLE N/A 4,502,364 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 70,487 1,666,351 SH   SOLE N/A 1,666,351 0 0
ARALEZ PHARMACEUTICALS INC COM 03852X100 13,696 6,400,000 SH   SOLE N/A 6,400,000 0 0
AVIS BUDGET GROUP COM 053774105 136,718 4,621,960 SH   SOLE N/A 4,621,960 0 0
BANKRATE INC DEL COM 06647F102 2,015 208,794 SH   SOLE N/A 208,794 0 0
BAZAARVOICE INC COM 073271108 387 90,000 SH   SOLE N/A 90,000 0 0
BMC STK HLDGS INC COM 05591B109 20,458 905,200 SH   SOLE N/A 905,200 0 0
BOYD GAMING CORP COM 103304101 203,740 9,256,701 SH   SOLE N/A 9,256,701 0 0
CANADIAN PAC RY LTD COM 13645T100 36,208 246,450 SH   SOLE N/A 246,450 0 0
CHEGG INC COM 163092109 73,450 8,702,598 SH   SOLE N/A 8,702,598 0 0
CHURCHILL DOWNS INC COM 171484108 129,171 813,165 SH   SOLE N/A 813,165 0 0
CIGNA CORPORATION COM 125509109 505,391 3,450,000 SH   SOLE N/A 3,450,000 0 0
CONNS INC COM 208242107 24,763 2,830,000 SH   SOLE N/A 2,830,000 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 3,485 250,000 SH   SOLE N/A 250,000 0 0
COSTAR GROUP INC COM 22160N109 23,830 115,000 SH   SOLE N/A 115,000 0 0
CSX CORP COM 126408103 52,602 1,130,000 SH   SOLE N/A 1,130,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,966 40,000 SH   SOLE N/A 40,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 508,585 11,065,809 SH   SOLE N/A 11,065,809 0 0
DOVER MOTORSPORTS INC COM 260174107 1,478 671,931 SH   SOLE N/A 671,931 0 0
DYCOM INDS INC COM 267475101 65,530 705,000 SH   SOLE N/A 705,000 0 0
EAGLE MATERIALS INC COM 26969P108 26,692 274,781 SH   SOLE N/A 274,781 0 0
ELDORADO RESORTS INC COM 28470R102 75,984 4,015,000 SH   SOLE N/A 4,015,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 985,764 7,812,983 SH   SOLE N/A 7,812,983 0 0
FACEBOOK INC CL A 30303M102 5,682 40,000 SH   SOLE N/A 40,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 7,505 80,000 SH   SOLE N/A 80,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 155,296 4,646,797 SH   SOLE N/A 4,646,797 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 92,450 28,981,072 SH   SOLE N/A 28,981,072 0 0
GRUBHUB INC COM 400110102 220,922 6,717,000 SH   SOLE N/A 6,717,000 0 0
HCA HOLDINGS INC COM 40412C101 177,980 2,000,000 SH   SOLE N/A 2,000,000 0 0
HERC HLDGS INC COM 42704L104 63,997 1,309,000 SH   SOLE N/A 1,309,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 103,286 5,888,576 SH   SOLE N/A 5,888,576 0 0
HUBSPOT INC COM 443573100 242 4,000 SH   SOLE N/A 4,000 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 41,475 1,750,000 SH   SOLE N/A 1,750,000 0 0
INTREXON CORP COM 46122T102 3,496 176,410 SH   SOLE N/A 176,410 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 106,653 4,046,000 SH   SOLE N/A 4,046,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 65,814 3,193,290 SH   SOLE N/A 3,193,290 0 0
LENDINGTREE INC NEW COM 52603B107 10,337 82,469 SH   SOLE N/A 82,469 0 0
MASONITE INTL CORP NEW COM 575385109 30,115 380,000 SH   SOLE N/A 380,000 0 0
MCKESSON CORP COM 58155Q103 397,337 2,680,000 SH   SOLE N/A 2,680,000 0 0
MGM RESORTS INTERNATIONAL COM 552953101 190,288 6,944,800 SH   SOLE N/A 6,944,800 0 0
OLLIES BARGAIN OUTLT HLDGS I COM 681116109 13,710 409,265 SH   SOLE N/A 409,265 0 0
OWENS CORNING NEW COM 690742101 156,786 2,554,762 SH   SOLE N/A 2,554,762 0 0
PENN NATL GAMING INC COM 707569109 54,531 2,958,813 SH   SOLE N/A 2,958,813 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 8,440 495,000 SH   SOLE N/A 495,000 0 0
PGT INNOVATIONS INC COM 69336V101 12,485 1,161,394 SH   SOLE N/A 1,161,394 0 0
PIER 1 IMPORTS INC COM 720279108 6,375 890,400 SH   SOLE N/A 890,400 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 6,118 313,428 SH   SOLE N/A 313,428 0 0
PRICELINE GRP INC COM NEW 741503403 245,645 138,005 SH   SOLE N/A 138,005 0 0
PROVIDENCE SVC CORP COM 743815102 22,220 500,000 SH   SOLE N/A 500,000 0 0
PURECYCLE CORP COM NEW 746228303 33,205 5,982,970 SH   SOLE N/A 5,982,970 0 0
Q2 HLDGS INC COM 74736L109 5,750 165,000 SH   SOLE N/A 165,000 0 0
RED ROCK RESORTS INC CL A 75700L108 41,691 1,879,671 SH   SOLE N/A 1,879,671 0 0
RITE AID CORP COM 767754104 38,250 9,000,000 SH   SOLE N/A 9,000,000 0 0
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 433 63,000 SH   SOLE N/A 63,000 0 0
ROBERT HALF INTL INC COM 770323103 244 5,000 SH   SOLE N/A 5,000 0 0
SELECT MED HLDGS CORP COM 81619Q105 7,036 527,058 SH   SOLE N/A 527,058 0 0
SEMGROUP CORP CL A 81663A105 17,190 477,500 SH   SOLE N/A 477,500 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 44,777 1,072,500 SH   SOLE N/A 1,072,500 0 0
SOUTHWEST AIRLS CO COM 844741108 302,034 5,618,200 SH   SOLE N/A 5,618,200 0 0
STONE ENERGY CORP COM PAR 861642403 6,293 288,141 SH   SOLE N/A 288,141 0 0
TEMPUR SEALY INTL INC COM 88023U101 95,150 2,048,000 SH   SOLE N/A 2,048,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 9,741 550,000 SH   SOLE N/A 550,000 0 0
TRIPADVISOR INC COM 896945201 205,355 4,757,990 SH   SOLE N/A 4,757,990 0 0
TRIVAGO N V SPON ADS A SHS 89686D105 73,245 5,621,290 SH   SOLE N/A 5,621,290 0 0
TRUECAR INC COM 89785L107 74,696 4,828,447 SH   SOLE N/A 4,828,447 0 0
TUESDAY MORNING CORP COM NEW 899035505 16,268 4,338,114 SH   SOLE N/A 4,338,114 0 0
UNITED CONTL HLDGS INC COM 910047109 1,151,058 16,294,711 SH   SOLE N/A 16,294,711 0 0
VISA INC COM CL A 92826C839 35,548 400,000 SH   SOLE N/A 400,000 0 0
WEBSTER FINL CORP CONN COM 947890109 8,006 160,000 SH   SOLE N/A 160,000 0 0
WEX INC COM 96208T104 50,819 491,000 SH   SOLE N/A 491,000 0 0
WHITING PETE CORP NEW COM 966387102 55,956 5,915,000 SH   SOLE N/A 5,915,000 0 0
WILLIAMS COS INC DEL COM 969457100 123,982 4,190,000 SH   SOLE N/A 4,190,000 0 0
WIX COM LTD SHS M98068105 272 4,000 SH   SOLE N/A 4,000 0 0
XENIA HOTELS & RESORTS INC COM 984017103 8,095 474,211 SH   SOLE N/A 474,211 0 0
ZILLOW GROUP INC CL A 98954M101 54,702 1,617,910 SH   SOLE N/A 1,617,910 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 130,708 3,882,041 SH   SOLE N/A 3,882,041 0 0