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 53,354 2,590,000 SH   SOLE N/A 2,590,000 0 0
ALASKA AIR GROUP INC COM 011659109 399,495 4,502,364 SH   SOLE N/A 4,502,364 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 77,802 1,666,351 SH   SOLE N/A 1,666,351 0 0
ARALEZ PHARMACEUTICALS INC COM 03852X100 28,224 6,400,000 SH   SOLE N/A 6,400,000 0 0
AVIS BUDGET GROUP COM 053774105 50,834 1,385,869 SH   SOLE N/A 1,385,869 0 0
BMC STK HLDGS INC COM 05591B109 15,698 805,000 SH   SOLE N/A 805,000 0 0
BOYD GAMING CORP COM 103304101 184,616 9,152,986 SH   SOLE N/A 9,152,986 0 0
CANADIAN PAC RY LTD COM 13645T100 84,441 591,450 SH   SOLE N/A 591,450 0 0
CHEGG INC COM 163092109 64,225 8,702,598 SH   SOLE N/A 8,702,598 0 0
CHURCHILL DOWNS INC COM 171484108 122,341 813,165 SH   SOLE N/A 813,165 0 0
CIGNA CORPORATION COM 125509109 453,526 3,400,000 SH   SOLE N/A 3,400,000 0 0
COMERICA INC COM 200340107 6,423 94,300 SH   SOLE N/A 94,300 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 37,144 2,469,670 SH   SOLE N/A 2,469,670 0 0
COSTAR GROUP INC COM 22160N109 21,676 115,000 SH   SOLE N/A 115,000 0 0
CSX CORP COM 126408103 30,541 850,000 SH   SOLE N/A 850,000 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,600 40,000 SH   SOLE N/A 40,000 0 0
DAVITA INC COM 23918K108 38,520 600,000 SH   SOLE N/A 600,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 544,327 11,065,809 SH   SOLE N/A 11,065,809 0 0
DOVER CORP COM 260003108 1,545 671,931 SH   SOLE N/A 671,931 0 0
DYCOM INDS INC COM 267475101 56,203 700,000 SH   SOLE N/A 700,000 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 3,638 105,000 SH   SOLE N/A 105,000 0 0
EAGLE MATERIALS INC COM 26969P108 34,957 354,781 SH   SOLE N/A 354,781 0 0
ELDORADO RESORTS INC COM 28470R102 79,072 4,665,000 SH   SOLE N/A 4,665,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 804,291 7,100,027 SH   SOLE N/A 7,100,027 0 0
FACEBOOK INC CL A 30303M102 4,602 40,000 SH   SOLE N/A 40,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 7,371 80,000 SH   SOLE N/A 80,000 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 140,754 4,596,797 SH   SOLE N/A 4,596,797 0 0
GLOBAL EAGLE ENTMT INC COM 37951D102 187,218 28,981,072 SH   SOLE N/A 28,981,072 0 0
GRUBHUB INC COM 400110102 205,217 5,455,000 SH   SOLE N/A 5,455,000 0 0
HCA HOLDINGS INC COM 40412C101 148,040 2,000,000 SH   SOLE N/A 2,000,000 0 0
HERC HLDGS INC COM 42704L104 52,168 1,299,000 SH   SOLE N/A 1,299,000 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 12,695 225,000 SH   SOLE N/A 225,000 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 70,180 2,750,000 SH   SOLE N/A 2,750,000 0 0
INVESCO LTD SHS G491BT108 37,167 1,225,000 SH   SOLE N/A 1,225,000 0 0
INVESTMENT TECHNOLOGY GRP NE COM 46145F105 12,732 645,000 SH   SOLE N/A 645,000 0 0
ISLE OF CAPRI CASINOS INC COM 464592104 99,896 4,046,000 SH   SOLE N/A 4,046,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 73,818 3,292,490 SH   SOLE N/A 3,292,490 0 0
LENDINGTREE INC NEW COM 52603B107 8,358 82,469 SH   SOLE N/A 82,469 0 0
MASONITE INTL CORP NEW COM 575385109 17,569 267,000 SH   SOLE N/A 267,000 0 0
MCKESSON CORP COM 58155Q103 280,991 2,000,650 SH   SOLE N/A 2,000,650 0 0
MGM RESORTS INTERNATIONAL COM 552953101 191,570 6,644,800 SH   SOLE N/A 6,644,800 0 0
OLLIES BARGAIN OUTLT HLDGS I COM 681116109 10,932 384,265 SH   SOLE N/A 384,265 0 0
OWENS CORNING NEW COM 690742101 134,559 2,609,762 SH   SOLE N/A 2,609,762 0 0
PENN NATL GAMING INC COM 707569109 46,114 3,344,013 SH   SOLE N/A 3,344,013 0 0
PENNYMAC FINL SVCS INC CL A 70932B101 7,443 447,000 SH   SOLE N/A 447,000 0 0
PGT INNOVATIONS INC COM 69336V101 13,124 1,146,172 SH   SOLE N/A 1,146,172 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 4,545 313,428 SH   SOLE N/A 313,428 0 0
PRICELINE GRP INC COM NEW 741503403 202,324 138,005 SH   SOLE N/A 138,005 0 0
PROVIDENCE SVC CORP COM 743815102 19,025 500,000 SH   SOLE N/A 500,000 0 0
PURECYCLE CORP COM NEW 746228303 32,906 5,982,970 SH   SOLE N/A 5,982,970 0 0
Q2 HLDGS INC COM 74736L109 4,760 165,000 SH   SOLE N/A 165,000 0 0
RED ROCK RESORTS INC CL A 75700L108 25,161 1,085,000 SH   SOLE N/A 1,085,000 0 0
RITE AID CORP COM 767754104 74,160 9,000,000 SH   SOLE N/A 9,000,000 0 0
ROADRUNNER TRNSN SVCS HLDG I COM 76973Q105 3,429 330,000 SH   SOLE N/A 330,000 0 0
SCIENTIFIC GAMES CORP CL A 80874P109 41,835 2,988,213 SH   SOLE N/A 2,988,213 0 0
SEMGROUP CORP CL A 81663A105 15,761 377,500 SH   SOLE N/A 377,500 0 0
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 40,401 1,072,500 SH   SOLE N/A 1,072,500 0 0
SOUTHWEST AIRLS CO COM 844741108 280,011 5,618,200 SH   SOLE N/A 5,618,200 0 0
STIFEL FINL CORP COM 860630102 18,731 375,000 SH   SOLE N/A 375,000 0 0
TRIPADVISOR INC COM 896945201 151,143 3,259,490 SH   SOLE N/A 3,259,490 0 0
TRIVAGO N V SPON ADS A SHS 89686D105 20,563 1,750,000 SH   SOLE N/A 1,750,000 0 0
TRUECAR INC COM 89785L107 61,606 4,928,447 SH   SOLE N/A 4,928,447 0 0
TUESDAY MORNING CORP COM NEW 899035505 18,922 3,504,155 SH   SOLE N/A 3,504,155 0 0
UNITED CONTL HLDGS INC COM 910047109 1,187,559 16,294,711 SH   SOLE N/A 16,294,711 0 0
VISA INC COM CL A 92826C839 29,258 375,000 SH   SOLE N/A 375,000 0 0
WEBSTER FINL CORP CONN COM 947890109 8,685 160,000 SH   SOLE N/A 160,000 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 64,935 473,701 SH   SOLE N/A 473,701 0 0
WEX INC COM 96208T104 52,452 470,000 SH   SOLE N/A 470,000 0 0
WHITING PETE CORP NEW COM 966387102 41,169 3,425,000 SH   SOLE N/A 3,425,000 0 0
WILLIAMS COS INC DEL COM 969457100 80,341 2,580,000 SH   SOLE N/A 2,580,000 0 0
WYNN RESORTS LTD COM 983134107 865 10,000 SH   SOLE N/A 10,000 0 0
XENIA HOTELS & RESORTS INC COM 984017103 9,209 474,211 SH   SOLE N/A 474,211 0 0
ZILLOW GROUP INC CL A 98954M101 58,973 1,617,910 SH   SOLE N/A 1,617,910 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 141,578 3,882,041 SH   SOLE N/A 3,882,041 0 0
ZYNGA INC CL A 98986T108 1,928 750,000 SH   SOLE N/A 750,000 0 0