Name,Ticker,Title of class,Class,Change,CUSIP,Value,Shares or principal amount,Weighting CALIFORNIA RES CORP,CRC,,Sell,13057Q305,345676000.0,7727387.0,15.962 VALARIS LIMITED,VAL,cl a,Sell,G9460G101,307903000.0,5924574.0,14.218 BAUSCH HEALTH COS INC,BHC,,Buy,071734107,182205000.0,7973974.0,8.414 ISHARES INC,EWZ,msci brazil etf,New,464286400,178677000.0,4715000.0,8.251 NOBLE CORP NEW,NE,,Sell,G6610J209,114189000.0,3255134.0,5.273 FRONTIER COMMUNICATIONS PARE,FYBR,,Sell,35909D109,107202000.0,3870488.0,4.95 MACYS INC,M,,Buy,55616P104,104299000.0,4281563.0,4.816 BUILDERS FIRSTSOURCE INC,BLDR,,Buy,12008R107,95439000.0,1478753.0,4.407 ONEMAIN HLDGS INC,OMF,,Buy,68268W103,82563000.0,1741476.0,3.813 VODAFONE GROUP PLC NEW,VOD,sponsored adr,Sell,92857W308,79782000.0,4777100.0,3.684 ABERCROMBIE & FITCH CO,ANF,cl a,Buy,002896207,52670000.0,1646465.0,2.432 NEXSTAR MEDIA GROUP INC,NXST,cl a,Buy,65336K103,52279000.0,277372.0,2.414 VODAFONE GROUP PLC NEW,VOD,sponsored adr,Sell,92857W308,50961000.0,3066272.0,2.353 ALGOMA STL GROUP INC,,,Buy,015658107,50651000.0,4502337.0,2.339 CAPRI HOLDINGS LIMITED,CPRI,,Buy,G1890L107,49295000.0,959230.0,2.276 SLM CORP,SLM,,New,78442P106,34870000.0,1899262.0,1.61 COTERRA ENERGY INC,COG,,Sell,127097103,34342000.0,1273350.0,1.586 BOYD GAMING CORP,BYD,,New,103304101,32054000.0,487287.0,1.48 COTY INC,COTY,,New,222070203,31085000.0,3457716.0,1.435 MGM RESORTS INTERNATIONAL,MGM,,New,552953101,23502000.0,560378.0,1.085 NORWEGIAN CRUISE LINE HLDG L,NCLH,,Buy,G66721104,23368000.0,1068000.0,1.079 NATURAL RESOURCE PARTNERS L,NRP,, ,63900P608,23228000.0,543469.0,1.073 FOX CORP,FOXA,,Sell,35137L105,20871000.0,529040.0,0.964 TIM S A,TIMB,sponsored adr,Buy,88706T108,18443000.0,1271946.0,0.852 LAS VEGAS SANDS CORP,LVS,,Sell,517834107,17988000.0,462765.0,0.831 IHEARTMEDIA INC,IHRT,,New,45174J509,13819000.0,730000.0,0.638 LIBERTY LATIN AMERICA LTD,LILAK,, ,G9001E128,12690000.0,1323271.0,0.586 THRYV HLDGS INC,THRY,,Sell,886029206,11641000.0,413993.0,0.538 HALLIBURTON CO,HAL,,New,406216101,9922000.0,262000.0,0.458 BERKSHIRE GREY INC,,, ,084656107,3845000.0,1335000.0,0.178 BERKSHIRE GREY INC,,*w exp 07/21/202, ,084656115,46000.0,111666.0,0.002 AMBAC FINL GROUP INC,AMBCWS,*w exp 04/30/202, ,023139116,46000.0,39906.0,0.002 OCCIDENTAL PETE CORP,OXYWS,*w exp 08/03/202,Exit,674599162,0.0,-10156.0,-0.006 COMCAST CORP NEW,CMCSA,cl a,Exit,20030N101,0.0,-268756.0,-0.589 ALCOA CORP,AA,,Exit,013872106,0.0,-229755.0,-0.596 CENTURY ALUM CO,CENX,,Exit,156431108,0.0,-882520.0,-0.637 PULTE GROUP INC,PHM,,Exit,745867101,0.0,-286415.0,-0.713 NRG ENERGY INC,NRG,,Exit,629377508,0.0,-391737.0,-0.735 FOOT LOCKER INC,FL,,Exit,344849104,0.0,-648482.0,-1.232 DELL TECHNOLOGIES INC,DELL,cl c,Exit,24703L202,0.0,-521430.0,-1.276 FIRST AMERN FINL CORP,FAF,,Exit,31847R102,0.0,-393154.0,-1.34 AERCAP HOLDINGS NV,AER,,Exit,N00985106,0.0,-501631.0,-1.43 POPULAR INC,BPOP,,Exit,733174700,0.0,-462673.0,-1.653 TEGNA INC,TGNA,,Exit,87901J105,0.0,-2330773.0,-1.884 TENET HEALTHCARE CORP,THC,,Exit,88033G407,0.0,-657284.0,-2.339 SELECT SECTOR SPDR TR,XLE,energy,Exit,81369Y506,0.0,-2600000.0,-6.682