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
ALASKA AIR GROUP INC COM 011659109 175,906 2,710,000 SH   SOLE N/A 2,710,000 0 0
ALLEGIANT TRAVEL CO COM 01748X102 243,198 1,625,000 SH   SOLE N/A 1,625,000 0 0
AMERISOURCEBERGEN CORP COM 03073E105 6,175 75,000 SH   SOLE N/A 75,000 0 0
ANTHEM INC COM 036752103 4,802 20,000 SH   SOLE N/A 20,000 0 0
AVIS BUDGET GROUP INC COM 053774105 12,850 4,547 SH Put SOLE N/A 4,547 0 0
AVIS BUDGET GROUP INC COM 053774105 6,359 225,000 SH   SOLE N/A 225,000 0 0
BONANZA CREEK ENERGY INC COM NEW 097793400 13,472 601,714 SH   SOLE N/A 601,714 0 0
BOOKING HLDGS INC COM 09857L108 309,825 157,864 SH   SOLE N/A 157,864 0 0
BOYD GAMING CORP COM 103304101 58,059 2,424,195 SH   SOLE N/A 2,424,195 0 0
CARVANA CO CL A 146869102 22,770 345,000 SH   SOLE N/A 345,000 0 0
CHEGG INC COM 163092109 1,498 50,000 SH   SOLE N/A 50,000 0 0
CHURCHILL DOWNS INC COM 171484108 266,163 2,155,951 SH   SOLE N/A 2,155,951 0 0
CONTROLADORA VUELA CIA DE AV SPON ADR RP 10 21240E105 14,674 1,465,886 SH   SOLE N/A 1,465,886 0 0
DAVITA INC COM 23918K108 237,354 4,159,000 SH   SOLE N/A 4,159,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 489,600 8,500,000 SH   SOLE N/A 8,500,000 0 0
DESPEGAR COM CORP ORD SHS G27358103 2,078 183,526 SH   SOLE N/A 183,526 0 0
DOVER MOTORSPORTS INC COM 260174107 1,168 590,000 SH   SOLE N/A 590,000 0 0
EHEALTH INC COM 28238P109 35,475 531,142 SH   SOLE N/A 531,142 0 0
EVERQUOTE INC COM CL A 30041R108 2,668 125,000 SH   SOLE N/A 125,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303 1,281,549 9,534,627 SH   SOLE N/A 9,534,627 0 0
FACEBOOK INC CL A 30303M102 63,717 357,800 SH   SOLE N/A 357,800 0 0
FLEX LTD ORD Y2573F102 104 9,910 SH   SOLE N/A 9,910 0 0
GREENSKY INC CL A 39572G100 5,564 812,871 SH   SOLE N/A 812,871 0 0
GROUPON INC COM 399473107 150,676 56,645,000 SH   SOLE N/A 56,645,000 0 0
GRUBHUB INC COM 400110102 19,674 350,000 SH   SOLE N/A 350,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 11,336 8,000 SH Call SOLE N/A 8,000 0 0
HERTZ GLOBAL HLDGS INC COM 42806J106 110,369 7,974,607 SH   SOLE N/A 7,974,607 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 30,306 2,132,747 SH   SOLE N/A 2,132,747 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,180 200 SH Put SOLE N/A 1,200 0 0
JETBLUE AWYS CORP COM 477143101 167,142 9,978,600 SH   SOLE N/A 9,978,600 0 0
LENDINGTREE INC NEW COM 52603B107 8,195 26,400 SH   SOLE N/A 26,400 0 0
MAKEMYTRIP LIMITED MAURITIUS SHS V5633W109 2,296 101,200 SH   SOLE N/A 101,200 0 0
MGM RESORTS INTERNATIONAL COM 552953101 1,940 70,000 SH   SOLE N/A 70,000 0 0
PENN NATL GAMING INC COM 707569109 2,980 160,000 SH   SOLE N/A 160,000 0 0
PENNYMAC FINL SVCS INC COM 70932M107 28,861 950,000 SH   SOLE N/A 950,000 0 0
PURECYCLE CORP COM NEW 746228303 61,505 5,982,970 SH   SOLE N/A 5,982,970 0 0
QUINSTREET INC COM 74874Q100 22,255 1,767,697 SH   SOLE N/A 1,767,697 0 0
REALOGY HLDGS CORP COM 75605Y106 2,338 350,000 SH   SOLE N/A 350,000 0 0
RED ROCK RESORTS INC CL A 75700L108 35,965 1,771,257 SH   SOLE N/A 1,771,257 0 0
SELECT MED HLDGS CORP COM 81619Q105 9,407 567,708 SH   SOLE N/A 567,708 0 0
SKYWEST INC COM 830879102 26,340 458,884 SH   SOLE N/A 458,884 0 0
STARS GROUP INC COM 85570W100 6,802 454,100 SH   SOLE N/A 454,100 0 0
SYNCHRONY FINL COM 87165B103 95,282 2,795,000 SH   SOLE N/A 2,795,000 0 0
TRIPADVISOR INC COM 896945201 89,119 2,304,017 SH   SOLE N/A 2,304,017 0 0
TRIVAGO N V SPON ADS A SHS 89686D105 86,432 21,029,796 SH   SOLE N/A 21,029,796 0 0
TRUECAR INC COM 89785L107 35,018 10,299,504 SH   SOLE N/A 10,299,504 0 0
TWIN RIV WORLDWIDE HLDGS INC COM 90171V204 36,927 1,617,481 SH   SOLE N/A 1,617,481 0 0
UNITED AIRLINES HLDGS INC COM 910047109 1,241,841 14,046,389 SH   SOLE N/A 14,046,389 0 0
VISA INC COM CL A 92826C839 77,405 450,000 SH   SOLE N/A 450,000 0 0
WEBSTER FINL CORP CONN COM 947890109 9,847 210,100 SH   SOLE N/A 210,100 0 0
WEX INC COM 96208T104 146,501 725,000 SH   SOLE N/A 725,000 0 0
ZIX CORP COM 98974P100 521 71,900 SH   SOLE N/A 71,900 0 0