13F-HR 1 lane_13fhr-033108.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2008 -------------------- Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Lane Five Capital Management LP -------------------------------------------------- Address: 1122 Kenilworth Drive, Suite 313 -------------------------------------------------- Towson, MD 21204 -------------------------------------------------- Form 13F File Number: ________________________ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Scott J. Liotta -------------------------------------------------- Title: CFO -------------------------------------------------- Phone: 443-921-2060 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Scott J. Liotta Towson, Maryland May 9, 2008 ------------------------- ------------------------- ------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ----------- Form 13F Information Table Entry Total: 18 ----------- Form 13F Information Table Value Total: 109,890 ----------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE.
Form 13F Information Table as of March 31, 2008 Shares/ Title of Value PRN SH/ PUT/ Invesment Other Voting Authority Description Class Cusip x1000 Amount PRN CALL Discretion Managers Sole Shares None ------------------------ ----------- --------- ------- --------- --- ---- ---------- -------- --------- ----- ---- Amazon.Com, Inc. Common 023135106 2,852 40,000 SH SOLE No 40,000 Ambassadors Group Inc. Common 023177108 4,137 219,010 SH SOLE No 219,010 ABX Air, Inc. Common 00080S101 4,116 1,400,000 SH SOLE No 1,400,000 American Science & Engineering Inc. Common 029429107 5,593 102,500 SH SOLE No 102,500 Blue Nile Inc. Common 09578R103 3,671 67,800 SH SOLE No 67,800 DeVry Inc. Common 251893103 3,766 90,000 SH SOLE No 90,000 Fannie Mae (Federal National Mortgage Association) Common 313586109 1,711 65,000 SH SOLE No 65,000 GP Strategies Corp. Common 36225V104 1,037 109,200 SH SOLE No 109,200 Housevalues Inc. Common 44183Y102 2,498 1,058,297 SH SOLE No 1,058,297 Healthsouth Corp. Common-New 421924309 7,116 400,000 SH SOLE No 400,000 Learning Tree International Inc. Common 522015106 15,422 1,100,000 SH SOLE No 1,100,000 LandAmerica Financial Group, Inc. Common 514936103 5,921 150,000 SH SOLE No 150,000 Millicom International Cellular SA Shs-New L6388F110 6,004 63,500 SH SOLE No 63,500 NII Holdings Inc. Class B-New 62913F201 5,962 187,600 SH SOLE No 187,600 Republic Services Inc. Common 760759100 4,678 160,000 SH SOLE No 160,000 Titan International Inc. Common 88830M102 6,887 225,000 SH SOLE No 225,000 Williams Controls Inc. Common-New 969465608 7,422 540,584 SH SOLE No 540,584 Renault (Regie-Natl) -Ord Eur Foreign F77098105 21,097 190,000 SH SOLE No 190,000 109,890