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
ALPHABET INC CAP STK CL A 02079K305 107,852 40,341 SH   SOLE   40,341 0 0
AMERANT BANCORP INC CL A 023576101 34,604 1,398,711 SH   SOLE   1,398,711 0 0
AMERANT BANCORP INC CL B 023576200 625 26,911 SH   SOLE   26,911 0 0
BM TECHNOLOGIES INC CL A COM 05591L107 227 25,548 SH   SOLE   25,548 0 0
CHATHAM LODGING TR COM 16208T102 796 65,011 SH   SOLE   65,011 0 0
CHEFS WHSE INC COM 163086101 9,038 277,505 SH   SOLE   277,505 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 162 33,336 SH   SOLE   33,336 0 0
CRESUD S A C I F Y A *W EXP 03/08/202 P3311R259 11 50,710 SH   SOLE   50,710 0 0
CYBIN INC COM 23256X100 6,265 2,858,267 SH   SOLE   2,858,267 0 0
FIRST AMERN FINL CORP COM 31847R102 105,223 1,569,323 SH   SOLE   1,569,323 0 0
GRUPO AEROPORTUARIO DEL CENT SPON ADR 400501102 15,171 323,822 SH   SOLE   323,822 0 0
GRUPO AEROPORTUARIO DEL SURE SPON ADR SER B 40051E202 21,377 114,315 SH   SOLE   114,315 0 0
HOST HOTELS & RESORTS INC COM 44107P104 6,532 400,000 SH   SOLE   400,000 0 0
IRSA INVERSIONES Y REP S A GLOBL DEP RCPT 450047204 671 164,122 SH   SOLE   164,122 0 0
IRSA INVERSIONES Y REP S A *W EXP 05/25/202 P5880C134 46 199,336 SH   SOLE   199,336 0 0
IRSA PROPIEDADES COMERCIALES SPONSORED ADR 463588103 81 27,479 SH   SOLE   27,479 0 0
OUTFRONT MEDIA INC COM 69007J106 102,765 4,077,978 SH   SOLE   4,077,978 0 0
PARK HOTELS & RESORTS INC COM 700517105 48,817 2,550,540 SH   SOLE   2,550,540 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 12,625 563,352 SH   SOLE   563,352 0 0
PERFORMANCE FOOD GROUP CO COM 71377A103 53,242 1,145,971 SH   SOLE   1,145,971 0 0
PROPERTY SOLUTIONS ACQUISITI UNIT 03/01/2026 74350A207 4,950 500,000 SH   SOLE   500,000 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 5,622 67,173 SH   SOLE   67,173 0 0
SABRE CORP COM 78573M104 90,866 7,674,507 SH   SOLE   7,674,507 0 0
SABRE GLBL INC NOTE 4.000% 4/1 78573NAE2 1,724 1,000,000 PRN   SOLE   1,000,000 0 0
SUPERNOVA PARTNERS ACQUISTN UNIT 99/99/9999 G8T86C113 4,975 500,000 SH   SOLE   500,000 0 0
SYSCO CORP COM 871829107 61,986 789,631 SH   SOLE   789,631 0 0
TUSIMPLE HLDGS INC CL A 90089L108 9,282 249,999 SH   SOLE   249,999 0 0