Instuitional Investor - Union Square Park Capital Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustPUT	SPY	73,500	$45,411,975	19.08%
2.	Ishares TrustPUT	IEF	175,000	$37,763,250	15.87%
3.	Rh	RH	50,000	$9,450,500	3.97%
4.	Caesars Entertainment Inc.	CZR	310,000	$8,800,900	3.7%
5.	Paypal Holdings Inc.CALL	PYPL	100,000	$7,432,000	3.12%