Name,Ticker,Title of class,Class,Change,CUSIP,Value,Shares or principal amount,Weighting BOOKING HOLDINGS INC,BKNG,,Sell,09857L108,277301000.0,162100.0,10.515 UNITED AIRLS HLDGS INC,UAL,,Buy,910047109,265431000.0,7638291.0,10.065 EXPEDIA GROUP INC,EXPE,,Buy,30212P303,231390000.0,2523617.0,8.774 SYNCHRONY FINANCIAL,SYF,,Buy,87165B103,172068000.0,6575000.0,6.525 CHURCHILL DOWNS INC,CHDN,,Sell,171484108,167706000.0,1023720.0,6.359 TRIPADVISOR INC,TRIP,,Buy,896945201,164855000.0,8415258.0,6.251 ALLEGIANT TRAVEL CO,ALGT,,Sell,01748X102,150413000.0,1255535.0,5.703 WEX INC,WEX,,Buy,96208T104,120626000.0,868000.0,4.574 DELTA AIR LINES INC DEL,DAL,,Buy,247361702,107839000.0,3526450.0,4.089 DAVITA INC,DVA,,Sell,23918K108,104183000.0,1216385.0,3.95 SABRE CORP,SABR,,Buy,78573M104,96192000.0,14776044.0,3.647 SOUTHWEST AIRLS CO,LUV,,Buy,844741108,96143000.0,2563800.0,3.646 VISA INC,V,, ,92826C839,89987000.0,450000.0,3.412 ALASKA AIR GROUP INC,ALK,,Buy,011659109,75481000.0,2060625.0,2.862 TWIN RIV WORLDWIDE HLDGS INC,TRWH,,Buy,90171V204,72300000.0,2752184.0,2.741 BOYD GAMING CORP,BYD,,Sell,103304101,52312000.0,1704537.0,1.984 TRUECAR INC,TRUE,, ,89785L107,51498000.0,10299504.0,1.953 PENNYMAC FINL SVCS INC NEW,PFSI,,Sell,70932M107,44264000.0,761600.0,1.678 TRIVAGO N V,TRVG,,Buy,89686D105,32906000.0,21229796.0,1.248 SCHWAB CHARLES CORP,SCHW,,Buy,808513105,32607000.0,900000.0,1.236 RED ROCK RESORTS INC,RRR,cl a,Buy,75700L108,28550000.0,1669619.0,1.083 AMERICAN AIRLS GROUP INC,AAL,,Sell,02376R102,24814000.0,2019000.0,0.941 JETBLUE AWYS CORP,JBLU,, ,477143101,22660000.0,2000000.0,0.859 GROUPON INC,GRPN,, ,399473206,19192000.0,940775.0,0.728 CARVANA CO,CVNA,cl a,Sell,146869102,17845000.0,80000.0,0.677 SPIRIT AIRLS INC,SAVE,, ,848577102,16100000.0,1000000.0,0.61 PENN NATL GAMING INC,PENN,,Sell,707569109,14635000.0,201300.0,0.555 AVIS BUDGET GROUP,CAR,,New,053774105,13735000.0,521850.0,0.521 CONTROLADORA VUELA COMP DE A,VLRS,spon adr rp 10,Buy,21240E105,12509000.0,1735000.0,0.474 LENDINGTREE INC NEW,TREE,,Sell,52603B107,9207000.0,30000.0,0.349 PURECYCLE CORP,PCYO,,Sell,746228303,9010000.0,1000000.0,0.342 GAMING & LEISURE PPTYS INC,GLPI,,Sell,36467J108,9006000.0,243869.0,0.341 CHEGG INC,CHGG,, ,163092109,8930000.0,125000.0,0.339 CARGURUS INC,CARG,, ,141788109,8652000.0,400000.0,0.328 EVERQUOTE INC,EVER,, ,30041R108,4830000.0,125000.0,0.183 SKYWEST INC,SKYW,, ,830879102,4299000.0,143984.0,0.163 ANGI HOMESERVICES INC,ANGI,, ,00183L102,2219000.0,200000.0,0.084 MAKEMYTRIP LIMITED MAURITIUS,MMYT,, ,V5633W109,2017000.0,131288.0,0.076 MGM GROWTH PPTYS LLC,MGP,,Sell,55303A105,1212000.0,43300.0,0.046 DESPEGAR COM CORP,DESP,, ,G27358103,1167000.0,183526.0,0.044 TRIP COM GROUP LTD,TCOM,ads, ,89677Q107,623000.0,20000.0,0.024 ZIX CORP,ZIXI,, ,98974P100,420000.0,71900.0,0.016 FLEX LTD,FLEX,ord, ,Y2573F102,110000.0,9910.0,0.004 DOVER MOTORSPORTS INC,DVD,,Exit,260174107,0.0,-590000.0,-0.035 PLAINS GP HLDGS L P,PAGP,ltd partnr int a,Exit,72651A207,0.0,-120000.0,-0.041 REDFIN CORP,RDFN,,Exit,75737F108,0.0,-127800.0,-0.206 PENN NATL GAMING INC,,note 2.750% 5/1,Exit,707569AU3,0.0,-12000000.0,-0.693