INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

TIFF ADVISORY SERVICES, LLC's Holding History (CIK: 0001271347)

Note: Option positions (PUT/CALL) are excluded.

Q3 2013
Shares 1,399 Value ($000) $259 Avg Close $111.55 Range $106.48 - $117.56
Q2 2013
Shares 1,399 Value ($000) $267 Avg Close $118.94 Range $109.29 - $125.13