INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Palisades Investment Partners, LLC's Holding History (CIK: 0001427373)

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

Q2 2013
Shares 2,547 Value ($000) $487 Avg Close $118.94 Range $109.29 - $125.13