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
API GROUP CORP COM STK 00187Y100   180,349,407 5,013,884 SH   DFND 1 5,013,884 0 0
ARMSTRONG WORLD INDS INC NEW COM 04247X102   86,980,842 615,445 SH   DFND 1 615,445 0 0
ATKORE INC COM 047649108   217,583,691 2,607,354 SH   DFND 1 2,607,354 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   200,210,880 2,933,063 SH   DFND 1 2,933,063 0 0
CARRIER GLOBAL CORPORATION COM 14448C104   54,130,180 793,000 SH Put DFND 1 793,000 0 0
CHART INDS INC COM 16115Q308   91,774,574 480,898 SH   DFND 1 480,898 0 0
CONSENSUS CLOUD SOLUTIONS IN COM 20848V105   38,498,134 1,613,501 SH   DFND 1 1,613,501 0 0
CRH PLC ORD G25508105   161,631,977 1,746,995 SH   DFND 1 1,746,995 0 0
DARLING INGREDIENTS INC COM 237266101   224,659,845 6,668,443 SH   DFND 1 6,668,443 0 0
DAVITA INC COM 23918K108   107,303,172 717,507 SH   DFND 1 717,507 0 0
ELEMENT SOLUTIONS INC COM 28618M106   68,317,568 2,686,495 SH   DFND 1 2,686,495 0 0
ENTEGRIS INC COM 29362U104   50,506,137 509,854 SH   DFND 1 509,854 0 0
ENVISTA HOLDINGS CORPORATION COM 29415F104   90,550,115 4,694,148 SH   DFND 1 4,694,148 0 0
FORTIVE CORP COM 34959J108   181,002,825 2,413,371 SH   DFND 1 2,413,371 0 0
GAMING & LEISURE PPTYS INC COM 36467J108   101,040,740 2,098,022 SH   DFND 1 2,098,022 0 0
GARRETT MOTION INC COM 366505105   40,068,449 4,437,259 SH   DFND 1 4,437,259 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107   70,851,094 906,256 SH   DFND 1 906,256 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107   18,208,122 232,900 SH Put DFND 1 232,900 0 0
KENVUE INC COM 49177J102   116,582,294 5,460,529 SH   DFND 1 5,460,529 0 0
LAMB WESTON HLDGS INC COM 513272104   89,921,837 1,345,531 SH   DFND 1 1,345,531 0 0
MASTERBRAND INC COMMON STOCK 57638P104   138,642,735 9,489,578 SH   DFND 1 9,489,578 0 0
MERCER INTL INC COM 588056101   6,743,061 1,037,394 SH   DFND 1 1,037,394 0 0
OTIS WORLDWIDE CORP COM 68902V107   70,545,482 761,748 SH   DFND 1 761,748 0 0
PENTAIR PLC SHS G7S00T104   134,066,570 1,332,140 SH   DFND 1 1,332,140 0 0
RENTOKIL INITIAL PLC SPONSORED ADR 760125104   158,452,889 6,258,013 SH   DFND 1 6,258,013 0 0
REVELYST INC COM SHS 690045109   95,763,458 4,979,899 SH   DFND 1 4,979,899 0 0
S&P GLOBAL INC COM 78409V104   143,210,519 287,554 SH   DFND 1 287,554 0 0
SELECT SECTOR SPDR TR INDL 81369Y704   625,860,000 4,750,000 SH Call DFND 1 4,750,000 0 0
SELECT SECTOR SPDR TR INDL 81369Y704   856,440,000 6,500,000 SH Put DFND 1 6,500,000 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100   147,245,000 1,750,000 SH Call DFND 1 1,750,000 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100   210,350,000 2,500,000 SH Put DFND 1 2,500,000 0 0
TKO GROUP HOLDINGS INC CL A 87256C101   113,441,297 798,264 SH   DFND 1 798,264 0 0
TKO GROUP HOLDINGS INC CL A 87256C101   14,211,000 100,000 SH Put DFND 1 100,000 0 0
VERALTO CORP COM SHS 92338C103   122,762,148 1,205,323 SH   DFND 1 1,205,323 0 0
VICI PPTYS INC COM 925652109   88,265,610 3,021,760 SH   DFND 1 3,021,760 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   74,006,670 734,266 SH   DFND 1 734,266 0 0
YETI HLDGS INC COM 98585X104   135,355,680 3,514,819 SH   DFND 1 3,514,819 0 0