Name,Ticker,Title of class,Class,Change,CUSIP,Value,Shares or principal amount,Weighting Level 3 Communications Inc.,LVLT,,Sell,52729N308,1612607000.0,27194043.0,17.703 FedEx Corporation,FDX,,Sell,31428X106,1024498000.0,4714024.0,11.247 Wynn Resorts Limited,WYNN,,Sell,983134107,901868000.0,6724341.0,9.901 CONSOL Energy Inc.,CNX,,Buy,20854P109,760701000.0,50917034.0,8.351 Alphabet Inc. CL C,GOOG,,Sell,02079K107,697277000.0,767309.0,7.655 United Technologies Corporatio,UTX,,Sell,913017109,634330000.0,5194741.0,6.964 Scripps Networks Interactive,SNI,,Sell,811065101,482798000.0,7067745.0,5.3 Graham Holdings Company,GHC,,Sell,384637104,459586000.0,766424.0,5.045 ViaSat Inc.,VSAT,,Sell,92552V100,348593000.0,5265756.0,3.827 T. Rowe Price Group Inc.,TROW,,Sell,74144T108,289213000.0,3897211.0,3.175 CNH Industrial NV,CNHI,,Sell,N20944109,226393000.0,19893916.0,2.485 Chesapeake Energy Corporation,CHK,,Sell,165167107,216414000.0,43543954.0,2.376 Yum China Holding Inc.,YUMC,,Sell,98850P109,201996000.0,5122913.0,2.218 Liberty Media Corp - C,FWONK,,Sell,531229854,188027000.0,5134549.0,2.064 Sonic Corp.,SONC,,Sell,835451105,170513000.0,6436879.0,1.872 Everest Re Group Ltd.,RE,,Sell,G3223R108,166444000.0,653772.0,1.827 Actuant Corporation,EPAC,,Sell,00508X203,145140000.0,5900024.0,1.593 Deltic Timber Corp,DEL,, ,247850100,136445000.0,1827558.0,1.498 Park Hotels & Resorts Inc.,PK,,New,700517105,110520000.0,4099385.0,1.213 Franklin Resources Inc.,BEN,, ,354613101,107297000.0,2395550.0,1.178 "Baidu, Inc. ADR",BIDU,,Buy,056752108,78465000.0,438696.0,0.861 Eastman Kodak Company,KODK,,Buy,277461406,45136000.0,4960000.0,0.496 E.I. du Pont de Nemours and Co,DD,,Sell,263534109,24476000.0,303260.0,0.269 Melco Resorts & Entertainment,MLCO,,Sell,585464100,20496000.0,912962.0,0.225 Liberty Media Corp - A,FWONA,, ,531229870,19525000.0,557374.0,0.214 Belmond Ltd Class A,BEL,,Buy,G1154H107,14374000.0,1080741.0,0.158 Vipshop Holdings Ltd-ADR,VIPS,,Buy,92763W103,13542000.0,1283649.0,0.149 SEACOR Marine Holdings Inc.,SMHI,,New,78413P101,12070000.0,592815.0,0.133 Infosys Limited ADR,INFY,,New,456788108,341000.0,22712.0,0.004 Ralph Lauren Corporation,RL,,Exit,751212101,0.0,-13600.0,-0.011 "Intrawest Resorts Holdings, In",SNOW,,Exit,46090K109,0.0,-471032.0,-0.12 SEACOR Holdings Inc.,CKH,,Exit,811904101,0.0,-787168.0,-0.554