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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APPLIED DIGITAL CORP COM NEW 038169207   38,244,152 5,005,779 SH   SOLE   5,005,779 0 0
BITDEER TECHNOLOGIES GROUP CL A ORD SHS G11448100   5,796,725 267,500 SH   SOLE   267,500 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300   4,027,072 161,600 SH   SOLE   161,600 0 0
CIPHER MINING INC COM 17253J106   3,145,456 677,900 SH   SOLE   677,900 0 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209   3,859,974 962,587 SH   SOLE   962,587 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   7,949,700 131,400 SH   SOLE   131,400 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   10,084,128 40,800 SH   SOLE   40,800 0 0
HYATT HOTELS CORP COM CL A 448579102   10,109,512 64,400 SH   SOLE   64,400 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101   22,608,670 267,400 SH   SOLE   267,400 0 0
MARRIOTT INTL INC NEW CL A 571903202   14,588,562 52,300 SH   SOLE   52,300 0 0
MARTIN MARIETTA MATLS INC COM 573284106   2,944,050 5,700 SH   SOLE   5,700 0 0
NORFOLK SOUTHN CORP COM 655844108   2,041,890 8,700 SH   SOLE   8,700 0 0
NORWEGIAN CRUISE LINE HLDG L SHS G66721104   4,883,554 189,800 SH   SOLE   189,800 0 0
ROYAL CARIBBEAN GROUP COM V7780T103   3,944,799 17,100 SH   SOLE   17,100 0 0
UNITED AIRLS HLDGS INC COM 910047109   19,711,300 203,000 SH   SOLE   203,000 0 0
US FOODS HLDG CORP COM 912008109   19,873,379 294,595 SH   SOLE   294,595 0 0
VULCAN MATLS CO COM 929160109   3,292,544 12,800 SH   SOLE   12,800 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   937,347 9,300 SH   SOLE   9,300 0 0