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GKM ADVISERS LLC
> IBM
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2009 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 72,520 | -6,399 | 7,026,000 | 384,000 | $96.88 |
| 12/31/2008 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 78,919 | -16,335 | 6,642,000 | -4,499,000 | $84.16 |
| 09/30/2008 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 95,254 | 95,254 | 11,141,000 | 11,141,000 | $116.96 |
| 06/30/2008 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 93,978 | -174 | 11,139,000 | 298,000 | $118.53 |
| 03/31/2008 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 94,152 | 1,325 | 10,841,000 | 806,000 | $115.14 |
| 12/31/2007 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 92,827 | 92,827 | 10,035,000 | 10,035,000 | $108.10 |
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