Semaphore Management

Semaphore Management as of March 31, 2013

Portfolio Holdings for Semaphore Management

Semaphore Management holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                {C}					{C}
				                     Value     Shares/  SH/ Put/ Invstmt Other              Voting Authoriy
Name of Issuer                 Title of Cl Cusip     (x$1000)  Prn Amt  Prn Call Dscretn Managers     Sole      Shared    None
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