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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Active Network Inc. Common 00506D100 5,655 747,003 SH   SOLE   747,003 0 0
Ambassadors Group Inc. Common 023177108 4,223 1,189,000 SH   SOLE   1,189,000 0 0
American International Group Common 026874784 4,271 95,550 SH   SOLE   95,550 0 0
American Public Education, Inc. Common 02913V103 2,835 76,299 SH   SOLE   76,299 0 0
Atlas Financial Holdings Inc. Common G06207115 2,091 233,681 SH   SOLE   233,681 0 0
Bed, Bath & Beyond Inc. Common 075896100 2,373 33,450 SH   SOLE   33,450 0 0
Berkshire Hills Bancorp Inc Common 084680107 1,561 56,243 SH   SOLE   56,243 0 0
Capitol Fed Financing Inc. Common 14057J101 1,810 149,055 SH   SOLE   149,055 0 0
Carpetright PLC Foreign 0177294GB 1,112 125,000 SH   SOLE   125,000 0 0
Corinthian Colleges Inc. Common 218868107 3,677 1,641,454 SH   SOLE   1,641,454 0 0
Curtiss-Wright Corp Common 231561110 741 20,000 SH   SOLE   20,000 0 0
DeVry Inc. Common 251893103 3,574 115,215 SH   SOLE   115,215 0 0
DirecTV Common 25490A101 3,358 54,485 SH   SOLE   54,485 0 0
Ebay Inc. Common 278642103 1,738 33,600 SH   SOLE   33,600 0 0
Intralinks Holdings, Inc. Common 46118H104 5,271 725,995 SH   SOLE   725,995 0 0
Learning Tree International Inc. Common 522015106 1,567 483,778 SH   SOLE   483,778 0 0
Lululemon Athletica Inc. Common 550021109 786 12,000 SH   SOLE   12,000 0 0
Markel Corp Common 570535104 5,839 11,080 SH   SOLE   11,080 0 0
Mastercard Inc. Common 57636Q104 1,740 3,029 SH   SOLE   3,029 0 0
Monotype Imaging Holdings Inc Common 61022P100 2,569 101,108 SH   SOLE   101,108 0 0
Quicksilver Inc. Common 74838C106 4,276 663,949 SH   SOLE   663,949 0 0
SBA Communications Corp Cl A Common 78388J106 3,824 51,588 SH   SOLE   51,588 0 0
TIVO Inc. Common 888706108 1,657 149,942 SH   SOLE   149,942 0 0
Viacom Inc. - Class B Common 92553P201 2,934 43,123 SH   SOLE   43,123 0 0