Lane Five Capital Management

Lane Five Capital Management as of March 31, 2013

Portfolio Holdings for Lane Five Capital Management

Lane Five Capital Management holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                SHARES/
                                  TITLE              VALUE      PRN    SH/   PUT/   INVESMENT    OTHER  VOTING AUTHORITY
DESCRIPTION                       OF CLASS  CUSIP    X1000     AMOUNT  PRN   CALL   DISCRETION MANAGERS  SOLE SHARES NONE
-----------                      --------   -----    ------    ------  ---   ----  ----------  -------- ---- ------ ----
{S}                             {C}         {C}      {C}      {C}       {C}   {C}   {C}         {C}      {C}  {C}    {C}
Active Network Inc.              Common  00506D100   5,056   1,206,666 SH             SOLE      No   1,206,666
Ambassadors Group Inc.           Common  023177108   5,125   1,189,000 SH             SOLE      No   1,189,000
American International Group     Common  026874784   5,689     146,550 SH             SOLE      No     146,550
American Public Education, Inc.  Common  02913V103   3,972     113,844 SH             SOLE      No     113,844
Bed, Bath & Beyond Inc.          Common  075896100   3,221      50,000 SH             SOLE      No      50,000
Berkshire Hills Bancorp Inc      Common  084680107   2,147      84,094 SH             SOLE      No      84,094
Capitol Fed Financing Inc.       Common  14057J101   2,684     222,364 SH             SOLE      No     222,364
Corinthian Colleges Inc.         Common  218868107   5,179   2,460,236 SH             SOLE      No   2,460,236
DeVry Inc.                       Common  251893103   5,403     170,185 SH             SOLE      No     170,185
DirecTV                          Common  25490A101   4,607      81,420 SH             SOLE      No      81,420
Ebay Inc.                        Common  278642103   2,711      50,000 SH             SOLE      No      50,000
Intralinks Holdings, Inc.        Common  46118H104   5,601     880,550 SH             SOLE      No     880,550
Learning Tree International Inc. Common  522015106   1,790     483,778 SH             SOLE      No     483,778
Legg Mason, Inc.                 Common  524901105   3,858     120,000 SH             SOLE      No     120,000
Markel Corp                      Common  570535104   8,343      16,570 SH             SOLE      No      16,570
Market Leader, Inc.              Common  57056R103   2,750     306,822 SH             SOLE      No     306,822
Mastercard Inc.                  Common  57636Q104   2,441       4,512 SH             SOLE      No       4,512
Monotype Imaging Holdings Inc    Common  61022P100   8,329     350,701 SH             SOLE      No     350,701
Quicksilver Inc.                 Common  74838C106   4,360     718,324 SH             SOLE      No     718,324
SBA Communications Corp Cl A     Common  78388J106   5,543      76,996 SH             SOLE      No      76,996
TIVO Inc.                        Common  888706108   1,017      82,100 SH             SOLE      No      82,100
True Religion Apparel Inc.       Common  89784N104     652      25,000 SH             SOLE      No      25,000
Viacom Inc. - Class B            Common  92553P201   3,962      64,450 SH             SOLE      No      64,450
                                                    94,440   8,904,162                               8,904,162