Sib

Sib as of March 31, 2012

Portfolio Holdings for Sib

Sib holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing

                {S}                             {C}           {C}          {C}            {C}               {C}          {C}           {C}

                                                                  FORM 13F INFORMATION TABLE

             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     (x$1000)   PRN AMT PRN CALL    DISCRETION    MANAGERS   SOLE SHARED NONE
          --------------        --------------    -----     --------   ----------------    ----------    --------   ----------------

ABB LTD                         SPONSORED ADR   000375204     3,322    162,750 SH           Sole            N/A           162,750

AMERICAN AXLE & MFG HLDGS IN         COM        024061103     2,230    190,400 SH           Sole            N/A           190,400

AMERICAN EAGLE OUTFITTERS NE         COM        02553E106     4,754    276,543 SH           Sole            N/A           276,543

CARMAX INC                           COM        143130102     3,077     88,788 SH           Sole            N/A            88,788

CARNIVAL CORP                     PAIRED CTF    143658300     1,904     59,350 SH           Sole            N/A            59,350

CARTER INC                           COM        146229109     5,327    107,030 SH           Sole            N/A           107,030

COACH INC                            COM        189754104     7,968    103,100 SH           Sole            N/A           103,100

DICKS SPORTING GOODS INC             COM        253393102     3,376     70,210 SH           Sole            N/A            70,210

FRESH MKT INC                        COM        35804H106        48      1,000 SH           Sole            N/A             1,000

HEARTLAND EXPRESS INC                COM        422347104     3,992    276,092 SH           Sole            N/A           276,092

HUNT J B TRANS SVCS INC              COM        445658107    11,763    216,360 SH           Sole            N/A           216,360

KNIGHT TRANSN INC                    COM        499064103     6,550    370,877 SH           Sole            N/A           370,877

LENNAR CORP                          CL A       526057104       152      5,600 SH           Sole            N/A             5,600

LOWES COS INC                        COM        548661107     4,255    135,600 SH           Sole            N/A           135,600

LULULEMON ATHLETICA INC              COM        550021109    16,497    220,756 SH           Sole            N/A           220,756

OLD DOMINION FGHT LINES INC          COM        679580100    10,080    211,457 SH           Sole            N/A           211,457

PULTE GROUP INC                      COM        745867101       416     46,995 SH           Sole            N/A            46,995

QUANTA SVCS INC                      COM        74762E102     6,523    312,108 SH           Sole            N/A           312,108

RYANAIR HLDGS PLC               SPONSORED ADR   783513104    10,493    289,218 SH           Sole            N/A           289,218

SAFE BULKERS INC                     COM        Y7388L103       788    118,000 SH           Sole            N/A           118,000

SOUTHWESTERN ENERGY CO               COM        845467109     4,838    158,102 SH           Sole            N/A           158,102

STAPLES INC                          COM        855030102     2,081    128,545 SH           Sole            N/A           128,545

TEAVANA HLDGS INC                    COM        87819P102     2,785    141,205 SH           Sole            N/A           141,205

TEXAS ROADHOUSE INC                  COM        882681109     4,084    245,430 SH           Sole            N/A           245,430

THOR INDS INC                        COM        885160101     1,908     60,460 SH           Sole            N/A            60,460

TOLL BROTHERS INC                    COM        889478103     1,786     74,440 SH           Sole            N/A            74,440

URBAN OUTFITTERS INC                 COM        917047102     7,479    256,905 SH           Sole            N/A           256,905

                             TOTAL                          128,476