CRUZ Full Holdings

Ticker	Name	CUSIP	ETF Weight	Shares
MAR	Marriott Intl Inc New	571903202	8.32%	22,893
HLT	Hilton Worldwide Hldgs Inc	43300A203	7.84%	26,356
NCLH	Norwegian Cruise Line Hldg Ltd Shs	G66721104	7.60%	210,989
RCL	Royal Caribbean Group	V7780T103	7.38%	53,665
CCL	Carnival Corp	143658300	6.67%	211,494
DAL	Delta Air Lines Inc Del	247361702	6.32%	73,953
LUV	Southwest Airls Co	844741108	4.96%	51,330
UAL	United Airls Hldgs Inc	910047109	3.53%	36,163
IHG	Intercontinental Hotels Group Sponsored Ads	45857P806	3.39%	25,217
RYAAY	Ryanair Holdings Plc	783513203	2.77%	15,291
AAL	American Airls Group Inc	02376R102	2.75%	74,130
HST	Host Hotels & Resorts Inc	44107P104	2.72%	60,155
AC FP	Accor Sa	5852842	2.15%	29,832
WTB LN	Whitbread	B1KJJ40	2.08%	28,683
WH	Wyndham Hotels & Resorts Inc Com	98311A105	1.85%	10,812
HTHT	Huazhu Group Ltd	44332N106	1.58%	24,819
ALK	Alaska Air Group Inc	011659109	1.47%	14,365
SIA SP	Singapore Airlines	6811734	1.33%	160,000
LHA GR	Deutsche Lufthansa	5287488	1.26%	80,589
RHP	Ryman Hospitality Pptys Inc	78377T107	1.24%	6,283
CHH	Choice Hotels Intl Inc	169905106	1.24%	4,389
MINT-R TB	Minor Intl	B018C28	1.21%	587,100
003490 KS	Korean Air Lines	6496766	1.21%	23,923
IAG SM	Intl Cons Airline	B5282K0	1.12%	334,584
PK	Park Hotels & Resorts Inc	700517105	1.10%	26,941
APLE	Apple Hospitality Reit Inc	03784Y200	1.09%	29,783
QAN AU	Qantas Airways	6710347	1.06%	127,145
9202 JP	Ana Holdings Inc	6014908	0.92%	21,500
AC CN	Air Canada	BSDHYK1	0.90%	25,002
H	Hyatt Hotels Corp	448579102	0.87%	4,818
2618 TT	Eva Airways	6186023	0.87%	359,000
2610 TT	China Airlines	6189657	0.75%	393,000
9201 JP	Japan Airlines Co	B8BRV46	0.74%	19,800
EZJ LN	Easyjet	B7KR2P8	0.71%	52,144
8985 JP	Japan Hotel Reit I	B1530B1	0.70%	600
JBLU	Jetblue Awys Corp	477143101	0.69%	32,590
PEB	Pebblebrook Hotel Tr	70509V100	0.63%	12,594
8963 JP	Invincible Investm	B00STP1	0.61%	832
SHO	Sunstone Hotel Invs Inc New	867892101	0.61%	23,545
WIZZ LN	Wizz Air Hldgs Plc	BN574F9	0.56%	6,942
69 HK	Shangri-la Asia	6771032	0.50%	312,000
SAVE	Spirit Airls Inc	848577102	0.50%	11,490
ALGT	Allegiant Travel Co	01748X102	0.45%	1,406
4681 JP	Resorttrust Inc	6044132	0.43%	12,700
RLJ	Rlj Lodging Tr	74965L101	0.42%	13,931
AF FP	Air France-klm	4916039	0.39%	43,320
753 HK	Air China Ltd	B04KNF1	0.36%	250,000
VLRS	Controladora Vuela Comp De Avi Spon Adr Rp 10	21240E105	0.36%	11,715
DRH	Diamondrock Hospitality Co	252784301	0.35%	16,000
CPA	Copa Holdings Sa	P31076105	0.32%	2,071
05501U106	Azul S A	05501U106	0.31%	10,861
SVC	Service Property Trust	81761L102	0.25%	17,164
SKYW	Skywest Inc	830879102	0.24%	4,237
180640 KS	Hanjin Kal Corp	BCGD8Q8	0.16%	1,649
Cash&Other	Cash & Other	Cash&Other	0.16%	71,090