Pear Tree Quality Fund Holdings as of March 31, 2013 Security Name 3M CO ABBOTT LABORATORIES AMGEN INC ANHEUSER BUSCH INBEV SPN ADR APPLE INC ASTRAZENECA PLC SPONS ADR BAXTER INTERNATIONAL INC BP PLC SPONS ADR BRISTOL MYERS SQUIBB CO BRITISH AMERICAN TOB SP ADR CHEVRON CORP CHURCH + DWIGHT CO INC CISCO SYSTEMS INC COCA COLA CO/THE COLGATE PALMOLIVE CO COSTCO WHOLESALE CORP CVS CAREMARK CORP ELI LILLY + CO EMC CORP/MA EXPRESS SCRIPTS HOLDING CO EXXON MOBIL CORP GILEAD SCIENCES INC GLAXOSMITHKLINE PLC SPON ADR GOOGLE INC CL A HENNES + MAURITZ AB UNSP ADR HENRY SCHEIN INC HEWLETT PACKARD CO INTL BUSINESS MACHINES CORP INTUITIVE SURGICAL INC JOHNSON + JOHNSON LABORATORY CRP OF AMER HLDGS LORILLARD INC MASTERCARD INC CLASS A MCDONALD S CORP MEDTRONIC INC MERCK + CO. INC. MICROSOFT CORP NESTLE SA SPONS ADR FOR REG NIKE INC CL B NOVARTIS AG ADR NOVO NORDISK A/S SPONS ADR NTT DOCOMO INC SPON ADR ORACLE CORP PEPSICO INC PFIZER INC PHILIP MORRIS INTERNATIONAL
CUSIP Number '88579Y101 '002824100 '031162100 '03524A108 '037833100 '046353108 '071813109 '055622104 '110122108 '110448107 '166764100 '171340102 '17275R102 '191216100 '194162103 '22160K105 '126650100 '532457108 '268648102 '30219G108 '30231G102 '375558103 '37733W105 '38259P508 '425883105 '806407102 '428236103 '459200101 '46120E602 '478160104 '50540R409 '544147101 '57636Q104 '580135101 '585055106 '58933Y105 '594918104 '641069406 '654106103 '66987V109 '670100205 '62942M201 '68389X105 '713448108 '717081103 '718172109
Shares/Par Value Base Market Value 8,741 929,256 41,897 1,479,802 3,165 324,444 7,087 705,511 4,924 2,179,510 11,705 585,016 1,386 100,679 20,978 888,418 11,409 469,937 12,870 1,377,734 29,016 3,447,681 5,427 350,747 212,767 4,448,958 117,167 4,738,233 20,515 2,421,385 1,559 165,425 2,039 112,125 1,405 79,790 11,500 274,735 48,984 2,823,928 10,569 952,373 2,405 117,677 23,679 1,110,782 5,860 4,653,016 552 3,936 444 41,092 149,463 3,563,198 14,287 3,047,417 27 13,262 68,151 5,556,351 7,021 633,294 13,165 531,208 2,929 1,584,970 21,699 2,163,173 20,414 958,641 8,437 373,169 139,565 3,992,955 26,675 1,933,137 7,214 425,698 21,356 1,521,401 1,718 277,457 47,512 706,503 154,246 4,988,316 38,543 3,049,137 149,276 4,308,105 41,884 3,883,066
Pear Tree Quality Fund Holdings as of March 31, 2013 Security Name PRAXAIR INC PROCTER + GAMBLE CO/THE QUALCOMM INC QUEST DIAGNOSTICS INC RECKITT BENCKISER GROUP PLC ROCHE HOLDINGS LTD SPONS ADR ROYAL DUTCH SHELL PLC ADR SANOFI ADR SAP AG SPONSORED ADR SYSCO CORP TAKEDA PHARMACEUTIC SP ADR TARGET CORP TESCO PLC SPONSORED ADR TJX COMPANIES INC TOTAL SA SPON ADR UNILEVER N V NY SHARES UNITEDHEALTH GROUP INC VISA INC CLASS A SHARES WAL MART STORES INC YAHOO INC YUM BRANDS INC ZIMMER HOLDINGS INC
CUSIP Number '74005P104 '742718109 '747525103 '74834L100 'G74079107 '771195104 '780259206 '80105N105 '803054204 '871829107 '874060205 '87612E106 '881575302 '872540109 '89151E109 '904784709 '91324P102 '92826C839 '931142103 '984332106 '988498101 '98956P102
STATE STREET REPO
'85799F003
US DOLLAR
'USD
Other Assets - Liabilities Total Net Assets
Shares/Par Value Base Market Value 298 33,239 37,637 2,900,307 13,975 935,626 7,974 450,132 1,070 76,505 25,319 1,483,693 19,097 1,244,361 28,313 1,446,228 12,640 1,018,026 13,506 475,006 9,046 246,504 36,021 2,465,637 41,846 731,050 4,525 211,544 20,367 977,209 44,487 1,823,967 11,505 658,201 7,424 1,260,892 40,205 3,008,540 355 8,353 2,750 197,835 15,230 1,145,601 101,091,103 300,954
300,954
20,717
20,717
190,380 101,603,154
IMPORTANT LEGAL INFORMATION:
Investors should read the prospectus carefully before investing because it contains more complete information on the Pear Tree Funds’ investment objectives, risks, charges and expenses. Please consider this information carefully. For a prospectus and other information, visit www.peartreefunds.com or call (800) 326-2151. The Portfolio is actively managed and holdings are subject to change without notice and may not represent current or future portfolio composition.
Pear Tree Quality Fund Holdings as of March 31, 2013 Security Name
CUSIP Number
Shares/Par Value
Base Market Value
The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Forms N-CSR and N-Q for the Fund are available on the SEC website at www.sec.gov. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund. Reference to specific securities or holdings should not be considered recommendations for action by investors.
Pear Tree Columbia Small Cap Fund Holdings as of March 31, 2013 Security Name 8X8 INC ACACIA RESEARCH CORP ACCURAY INC ACTUANT CORP A ALLIANCE DATA SYSTEMS CORP AMERICAN CAMPUS COMMUNITIES BIO REFERENCE LABS INC BRANDYWINE REALTY TRUST BUILDERS FIRSTSOURCE INC CALLAWAY GOLF COMPANY CAMPUS CREST COMMUNITIES INC CARDTRONICS INC CATAMARAN CORP CINEMARK HOLDINGS INC CIRRUS LOGIC INC COBIZ FINANCIAL INC CORE LABORATORIES N.V. DAWSON GEOPHYSICAL CO EDUCATION REALTY TRUST INC EPR PROPERTIES EXTRA SPACE STORAGE INC FERRO CORP FIFTH + PACIFIC COS INC FINISAR CORPORATION FIRST CASH FINL SVCS INC FNB CORP HAIN CELESTIAL GROUP INC HANCOCK HOLDING CO HEALTHWAYS INC HEARTLAND PAYMENT SYSTEMS IN HENRY SCHEIN INC HERCULES TECHNOLOGY GROWTH HERSHA HOSPITALITY TRUST HMS HOLDINGS CORP HORNBECK OFFSHORE SERVICES ICG GROUP INC IMAX CORP INTERNAP NETWORK SERVICES KFORCE INC LINN CO LLC LIVEPERSON INC MDC HOLDINGS INC MEDASSETS INC MEDLEY CAPITAL CORP NATIONAL CINEMEDIA INC NATUS MEDICAL INC
CUSIP Number '282914100 '003881307 '004397105 '00508X203 '018581108 '024835100 '09057G602 '105368203 '12008R107 '131193104 '13466Y105 '14161H108 '148887102 '17243V102 '172755100 '190897108 'N22717107 '239359102 '28140H104 '26884U109 '30225T102 '315405100 '316645100 '31787A507 '31942D107 '302520101 '405217100 '410120109 '422245100 '42235N108 '806407102 '427096508 '427825104 '40425J101 '440543106 '44928D108 '45245E109 '45885A300 '493732101 '535782106 '538146101 '552676108 '584045108 '58503F106 '635309107 '639050103
Shares/Par Value Base Market Value 120,986 828,754 142,906 4,311,474 132,879 616,559 20,639 631,966 23,402 3,788,550 32,821 1,488,104 30,205 784,726 89,407 1,327,694 136,848 801,929 74,209 491,264 44,014 611,795 43,181 1,185,750 39,670 2,103,700 87,852 2,586,363 56,992 1,296,568 110,620 893,810 20,191 2,784,743 31,246 937,380 48,335 508,968 104,827 5,456,245 22,542 885,224 162,999 1,100,243 63,437 1,197,691 51,484 679,074 38,074 2,221,237 170,575 2,063,958 18,632 1,138,043 32,102 992,594 88,610 1,085,473 44,922 1,481,078 20,508 1,898,015 83,886 1,027,604 814,523 4,756,814 25,507 692,515 40,912 1,900,772 152,498 1,903,175 90,996 2,432,323 178,262 1,666,750 163,167 2,671,044 26,577 1,037,832 52,168 708,441 26,515 971,775 23,828 458,689 70,584 1,118,756 60,678 957,499 98,782 1,327,630
Pear Tree Columbia Small Cap Fund Holdings as of March 31, 2013 Security Name NCI BUILDING SYSTEMS INC NICE SYSTEMS LTD SPONS ADR NU SKIN ENTERPRISES INC A OSI SYSTEMS INC PIER 1 IMPORTS INC PINNACLE FINANCIAL PARTNERS POLYPORE INTERNATIONAL INC POPULAR INC PROTO LABS INC REGAL ENTERTAINMENT GROUP A SBA COMMUNICATIONS CORP CL A SILVER STANDARD RESOURCES SINCLAIR BROADCAST GROUP A SMITH + WESSON HOLDING CORP SODASTREAM INTERNATIONAL LTD SOLTA MEDICAL INC SPIRIT AIRLINES INC STANDARD PACIFIC CORP SUSQUEHANNA BANCSHARES INC SYNERON MEDICAL LTD TIVO INC TREE.COM INC TREX COMPANY INC UBIQUITI NETWORKS INC UNITED BANKSHARES INC UNITED NATURAL FOODS INC VERA BRADLEY INC VERINT SYSTEMS INC WASTE CONNECTIONS INC
CUSIP Number '628852204 '653656108 '67018T105 '671044105 '720279108 '72346Q104 '73179V103 '733174700 '743713109 '758766109 '78388J106 '82823L106 '829226109 '831756101 'M9068E105 '83438K103 '848577102 '85375C101 '869099101 'M87245102 '888706108 '894675107 '89531P105 '90347A100 '909907107 '911163103 '92335C106 '92343X100 '941053100
STATE STREET REPO
'85799F003
Other Assets - Liabilities Total Net Assets
Shares/Par Value Base Market Value 44,816 778,454 44,464 1,637,609 69,905 3,089,801 23,463 1,461,510 85,888 1,975,424 33,755 788,517 11,030 443,185 23,179 639,972 23,137 1,136,027 141,800 2,363,806 14,904 1,073,386 48,705 513,838 15,109 305,806 56,048 504,432 69,905 3,470,084 277,502 610,504 45,185 1,145,892 251,617 2,173,971 60,631 753,643 83,253 850,846 86,264 1,068,811 7,468 138,083 39,547 1,944,921 22,923 314,504 17,750 472,328 46,311 2,278,501 80,868 1,910,911 13,436 491,086 41,508 1,493,458 107,639,898 1,768,889
1,768,889 (133,272) 109,275,516
IMPORTANT LEGAL INFORMATION:
Investors should read the prospectus carefully before investing because it contains more complete information on the Pear Tree Funds’ investment objectives, risks, charges and expenses. Please consider this information carefully. For a prospectus and other information, visit www.peartreefunds.com or call (800) 326-2151. The Portfolio is actively managed and holdings are subject to change without notice and may not represent current or future portfolio composition.
Pear Tree Columbia Small Cap Fund Holdings as of March 31, 2013 Security Name
CUSIP Number
Shares/Par Value
Base Market Value
The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Forms N-CSR and N-Q for the Fund are available on the SEC website at www.sec.gov. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund. Reference to specific securities or holdings should not be considered recommendations for action by investors.
Pear Tree PanAgora Dynamic Emerging Markets Fund Holdings as of March 31, 2013 Security Name AFFIN HOLDINGS BERHAD AKR CORPORINDO TBK PT ALFA S.A.B. A ALLAHABAD BANK AMERICA MOVIL SAB DE C SER L ANDHRA BANK ANEKA TAMBANG PERSERO TBK PT ARCELIK AS ASTRA AGRO LESTARI TBK PT ASUSTEK COMPUTER INC BAJAJ HOLDINGS AND INVESTMEN BANCO BRADESCO SA PREF BANCO DO BRASIL S.A. BANCO ESTADO RIO GRAN PREF B BANCO SANTANDER CHILE ADR BANGKOK BANK PUBLIC CO NVDR BANK BUKOPIN TBK PT BANK OF BARODA BANK OF CHINA LTD H BARLOWORLD LTD BBVA BANCO CONTINENTAL SA CO BERJAYA SPORTS TOTO BHD BM+FBOVESPA SA BRITISH AMERICAN TOBACCO BHD CENTRAL CHINA REAL ESTATE CEZ AS CHAILEASE HOLDING CO LTD CHAMBAL FERTILISERS + CHEM CHAMPION REIT CHICONY ELECTRONICS CO LTD CHINA CONSTRUCTION BANK H CHINA MOBILE LTD CHINA PETROLEUM + CHEMICAL H CHINA SHENHUA ENERGY CO H CHINA YUCHAI INTL LTD CHINA ZHONGWANG HOLDINGS LTD CHONGQING RURAL COMMERCIAL H CHUNGHWA TELECOM CO LTD CIA CERVECERIAS UNIDAS ADR CNOOC LTD COMFORTDELGRO CORP LTD COMPAL ELECTRONICS COMPANHIA DE BEBIDAS PRF ADR COSCO INTERNATIONAL HOLDINGS CP ALL PCL FOREIGN DAELIM INDUSTRIAL CO LTD
SEDOL Number '6009454 '6048156 '2043423 '6708289 '2667470 '6580368 '6053859 'B03MP18 '6092498 '6051046 '6124142 'B00FM53 '2328595 'B23F8S9 '2136646 '6368360 'B18THH1 '6099778 'B154564 '6079123 '2080174 '6331566 'B2RHNV9 '6752349 'B2RDS34 '5624030 'B58J1S8 '6099938 'B14WZ47 '6140579 'B0LMTQ3 '6073556 '6291819 'B09N7M0 '2186191 'B3VZ220 'B4Q1Y57 '6287841 '2217596 'B00G0S5 '6603737 '6225744 '2634797 '6806280 'B08YDF9 '6249584
Shares/Par Value Base Market Value 191,000 210,337 1,296,078 666,878 1,046,290 2,555,701 29,921 69,917 1,258,270 1,336,877 253,412 447,376 2,183,989 307,905 120,877 868,417 230,648 439,103 145,488 1,739,385 14,136 236,944 30,589 517,920 142,212 1,936,033 71,030 617,177 9,882 281,341 151,836 1,176,943 3,526,000 326,565 19,608 244,027 6,366,392 2,952,473 77,302 807,528 98,675 276,214 233,254 310,352 298,524 2,019,425 28,544 573,000 297,371 95,387 18,425 540,472 108,000 299,413 379,300 349,640 595,000 308,896 142,271 374,441 4,837,422 3,950,874 290,779 3,077,235 2,015,239 2,372,809 208,105 756,000 17,977 287,452 278,800 94,099 1,034,687 554,488 483,600 1,500,814 16,650 550,782 1,396,218 2,679,967 293,000 451,096 739,765 524,472 43,066 1,822,984 205,193 87,494 1,247,712 1,970,520 15,552 1,281,789
Pear Tree PanAgora Dynamic Emerging Markets Fund Holdings as of March 31, 2013 Security Name DAIRY FARM INTL HLDGS LTD DAISHIN SECURITIES CO LTD DAOU TECHNOLOGY INC DBS GROUP HOLDINGS LTD DIGI.COM BHD DONGFENG MOTOR GRP CO LTD H DRB HICOM BHD ECOPETROL SA SPONSORED ADR EGIS PHARMACEUTICALS PLC EIS ECZACIBASI ILAC VE SINAI ELECTRICITY GEN PUB CO FOR R ELETROPAULO METROPOLI PREF EMBRAER SA ADR ENERSIS S.A. SPONS ADR EZ TEC EMPREENDIMENTOS E PAR FARGLORY LAND DEVELOPMENT CO FIRST INTL BANK ISRAEL FIRSTRAND LTD FORD OTOMOTIV SANAYI AS FORMOSA CHEMICALS + FIBRE FOUNTAINHEAD PROPERTY TRUST GAZPROM OAO SPON ADR GENTING MALAYSIA BHD GIANT INTERACTIVE GROUP ADR GIORDANO INTERNATIONAL LTD GITANJALI GEMS LTD GOLD FIELDS LTD SPONS ADR GOLDEN AGRI RESOURCES LTD GRASIM INDUSTRIES LTD GREAT WALL MOTOR COMPANY H GRUMA S.A.B. B GRUPO HERDEZ SAB SERIES GRUPO MEXICO SAB DE CV SER B GS HOME SHOPPING INC GUJARAT STATE FERT + CHEMICA HEXAWARE TECHNOLOGIES LTD HIGHWEALTH CONSTRUCTION CORP HOLCIM INDONESIA TBK PT HON HAI PRECISION INDUSTRY HONG LEONG FINANCIAL GROUP HYUNDAI MOTOR CO IMPERIAL HOLDINGS LTD IND + COMM BK OF CHINA H INDIABULLS FINANCIAL SERVICE INDIAN BANK INDO TAMBANGRAYA MEGAH TBK P
SEDOL Number '6180274 '6251200 '6113612 '6175203 '6086242 'B0PH5N3 '6269816 'B3D6J19 '4040499 'B03MRP6 '6304643 'B66HFL2 '2611916 '2314947 'B1YW5V4 '6203687 '6123815 '6606996 'B03MSR5 '6348715 '6838863 '5140989 'B1VXKN7 'B28RPV2 '6282040 'B0Z3SK9 '2416326 '6164472 '6099927 '6718255 '2392545 '2962959 '2643674 '6204828 'B71NQN1 'B07LTC0 '6154075 '6016614 '6438564 '6436450 '6451055 'B095WZ4 'B1G1QD8 'B02L7L0 'B1SFSX2 'B29SK75
Shares/Par Value Base Market Value 10,800 130,680 17,151 151,224 89,225 1,423,462 49,000 631,952 414,051 619,104 780,881 1,096,482 1,041,699 851,122 17,581 958,516 1,899 144,186 131,796 186,459 62,179 331,225 40,680 199,531 7,764 276,942 40,692 782,914 60,035 807,771 306,302 567,482 5,585 80,050 354,798 1,245,251 27,935 406,019 191,000 439,455 44,420 43,382 240,094 2,052,804 542,209 633,876 106,939 695,104 402,000 399,791 87,208 945,088 114,823 889,878 1,459,327 682,258 10,406 537,819 601,980 2,043,397 210,207 930,494 32,954 121,436 299,398 1,206,895 642 110,674 31,990 34,462 145,863 226,376 162,916 341,060 522,500 193,568 387,372 1,079,110 99,655 480,816 9,262 1,864,720 66,468 1,523,096 2,105,911 1,475,805 172,508 839,179 140,982 464,320 29,620 108,208
Pear Tree PanAgora Dynamic Emerging Markets Fund Holdings as of March 31, 2013 Security Name INDOFOOD AGRI RESOURCES LTD INDOFOOD CBP SUKSES MAKMUR T INDS KLABIN PAPEL E CELU PRF INDUSTRIAS CH S.A.B. SER B INTERCORP FINANCIAL SER INC INVESTEC LTD ITAU UNIBANCO HOLDING S PREF JCY INTERNATIONAL BHD KCC CORP KGHM POLSKA MIEDZ SA KIA MOTORS CORPORATION KIATNAKIN BANK PCL FOR KLCC PROPERTY HOLDINGS BHD KOREA EXCHANGE BANK KOREA ZINC CO LTD KRUNG THAI BANK PUB CO FOREI KT+G CORP KUALA LUMPUR KEPONG BHD KULIM MALAYSIA BHD KWG PROPERTY HOLDING LTD LAFARGE MALAYAN CEMENT BHD LENOVO GROUP LTD LG DISPLAY CO LTD LIBERTY HOLDINGS LTD LITE ON TECHNOLOGY CORP LUKOIL OAO SPON ADR MALAYSIA BUILDING SOCIETY MANILA ELECTRIC COMPANY MEGAWORLD CORP MERITZ FIRE + MARINE INSURAN MIZRAHI TEFAHOT BANK LTD MMC NORILSK NICKEL JSC ADR MSTAR SEMICONDUCTOR INC MTN GROUP LTD NONGSHIM CO LTD OIL + NATURAL GAS CORP LTD OIL INDIA LTD ORGANIZACION SORIANA S.A.B B PARKSON HOLDINGS BHD PEGATRON CORP PETROBRAS PETROLEO BRAS PETROCHINA CO LTD H PETROLEO BRASILEIRO SPON ADR PGE SA PHISON ELECTRONICS CORP POU CHEN
SEDOL Number 'B1QNF48 'B4LD3M8 '2813347 '2454810 'B1YZ331 'B17BBR6 'B037HR3 'B62JK51 '6490917 '5263251 '6490928 '6491095 'B02FW17 '6495042 '6495428 '6492838 '6175076 '6497446 '6497628 'B1YBF00 '6556518 '6218089 'B01VZN9 '6515058 '6519481 '3189876 '6556789 'B247XZ6 '6563648 'B0YCFG2 '6916703 'B114RK6 'B4N97J9 '6563206 '6638115 '6139362 'B409HQ9 'B1S9HM6 '6030409 'B4PLX17 '2682365 '6226576 '2683410 'B544PW9 '6728469 '6696157
Shares/Par Value Base Market Value 252,941 251,799 312,500 308,721 143,881 995,432 29,088 254,125 3,786 151,440 132,791 930,099 47,563 848,956 402,700 68,276 2,160 593,097 40,010 1,941,176 10,609 530,164 199,500 470,053 78,800 167,448 76,230 513,179 4,253 1,349,370 3,225,613 2,753,639 23,246 1,600,435 58,300 393,876 237,200 278,834 395,919 248,385 54,580 175,558 1,267,489 1,257,259 25,110 719,943 87,087 1,139,081 807,844 1,302,168 41,213 2,654,117 539,312 477,221 50,280 402,388 6,281,300 598,732 5,460 58,644 137,759 1,470,743 32,496 548,857 31,000 253,992 50,835 894,750 3,114 873,241 140,610 807,828 19,730 184,449 53,500 209,202 169,900 257,881 832,416 1,286,100 89,183 745,274 1,383,778 1,818,263 84,344 1,530,844 169,648 873,159 133,015 1,023,107 854,631 926,011
Pear Tree PanAgora Dynamic Emerging Markets Fund Holdings as of March 31, 2013 Security Name PP LONDON SUMATRA INDONES PT PRESIDENT CHAIN STORE CORP RADIANT OPTO ELECTRONICS COR REUNERT LTD RICHTER GEDEON NYRT RIZAL COMMERCIAL BANKING RMB HOLDINGS LTD RURAL ELECTRIFICATION CORP SAMSUNG ELECTRONICS CO LTD SAMSUNG HEAVY INDUSTRIES SAO MARTINHO SA SASOL LTD SBERBANK SPONSORED ADR SEVERSTAL GDR REG S SIAM MAKRO PUBLIC CO FOREIGN SIBANYE GOLD SPON ADR SK HOLDINGS CO LTD SK INNOVATION CO LTD SK TELECOM CO LTD ADR SKYWORTH DIGITAL HLDGS LTD SOHO CHINA LTD SOUTH INDIAN BANK LTD SUL AMERICA SA UNITS SYNDICATE BANK TAIWAN SEMICONDUCTOR MANUFAC TATA CHEMICALS LTD TECO ELECTRIC + MACHINERY TEKFEN HOLDING AS TELEKOM MALAYSIA BHD TELEKOMUNIKASI INDONESIA PER TENCENT HOLDINGS LTD TOFAS TURK OTOMOBIL FABRIKA TONGAAT HULETT LTD TUPRAS TURKIYE PETROL RAFINE TURK SISE VE CAM FABRIKALARI TVS MOTOR CO LTD U MING MARINE TRANSPORT CORP UCO BANK ULKER BISKUVI SANAYI AS UMW HOLDINGS BHD UNI PRESIDENT ENTERPRISES CO UNITED MICROELECTRONICS CORP UOL GROUP LTD VALE SA VALE SA PREF YUEXIU REAL ESTATE INVESTMEN
SEDOL Number '6535670 '6704986 '6520278 '6728726 '4042387 '6850124 '6755821 'B2Q7WL3 '6771720 '6772217 'B1P3R43 '6777450 'B5SC091 'B1G4YH7 '6798796 'B9G7XT7 '6988371 'B232R05 '2495648 '6228828 'B27WLD2 '6349967 'B27WYK0 '6674001 '6889106 '6101167 '6879851 'B29D241 '6868398 'B02ZK79 'B01CT30 'B03MY33 'B1ZBDG1 'B03MYT9 'B03MXR0 '6726548 '6911377 '6721792 'B03MYX3 '6910824 '6700393 '6916628 '6916844 '2196286 '2257127 'B0TLGM7
Shares/Par Value Base Market Value 1,482,340 294,409 105,915 587,974 251,990 990,179 31,269 261,585 1,411 197,691 126,900 217,667 254,948 1,156,019 172,142 668,297 6,129 8,411,813 42,521 1,329,976 14,418 203,433 27,651 1,227,688 129,680 1,662,498 39,700 352,735 40,295 732,011 28,705 162,183 12,490 1,914,026 11,997 1,746,822 34,465 615,890 1,786,000 1,207,899 1,220,979 1,016,087 458,831 208,521 55,112 551,844 166,229 337,352 845,270 2,840,887 34,131 202,211 1,198,983 966,324 57,812 246,009 253,578 441,397 616,958 698,383 1,600 50,869 153,067 1,103,910 9,294 145,319 31,228 949,179 406,101 702,457 155,385 92,488 135,246 211,219 319,644 330,524 28,244 213,059 230,093 991,261 508,702 962,880 1,381,401 517,405 93,000 523,247 57,653 997,887 110,271 1,817,843 215,088 121,915
Pear Tree PanAgora Dynamic Emerging Markets Fund Holdings as of March 31, 2013 Security Name
SEDOL Number
BRAZILIAN REAL EGYPTIAN POUND INDONESIAN RUPIAH MALAYSIAN RINGGIT MEXICAN PESO (NEW) SOUTH KOREAN WON
' ' ' ' ' '
128,297 256 41,474,496 65,026 77,843 9,710,982
63,628 38 4,268 21,000 6,309 8,728 103,971
STATE STREET REPO
'
679,945
679,945
Other Assets - Liabilities Market to Market Total Net Assets
Shares/Par Value
Base Market Value 154,420,994
234,254 (7,089) 155,432,075
IMPORTANT LEGAL INFORMATION:
Investors should read the prospectus carefully before investing because it contains more complete information on the Pear Tree Funds’ investment objectives, risks, charges and expenses. Please consider this information carefully. For a prospectus and other information, visit www.peartreefunds.com or call (800) 326-2151. The Portfolio is actively managed and holdings are subject to change without notice and may not represent current or future portfolio composition. The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Forms N-CSR and N-Q for the Fund are available on the SEC website at www.sec.gov. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund. Reference to specific securities or holdings should not be considered recommendations for action by investors.
Pear Tree Polaris Foreign Value Fund Holdings as of March 31, 2013 Security Name ASAHI GROUP HOLDINGS LTD BARRATT DEVELOPMENTS PLC BASF SE BBA AVIATION PLC BELLWAY PLC BHP BILLITON PLC ADR CHRISTIAN DIOR CRH PLC DEUTSCHE TELEKOM AG REG DNB ASA DUNI AB FREENET AG GREENCORE GROUP PLC GUANGDONG INVESTMENT LTD HANNOVER RUECKVERSICHERU REG IMERYS SA INFOSYS LTD SP ADR INVESTOR AB B SHS IRISH BANK RESOLUTION CORP KDDI CORP KONE OYJ B KONECRANES OYJ LOOMIS AB B LOTTOMATICA GROUP SPA MAUREL ET PROM MEIJI HOLDINGS CO LTD METHANEX CORP METHANEX CORP MUENCHENER RUECKVER AG REG NOVARTIS AG REG PERSIMMON PLC REXAM PLC SAMSUNG ELECTRONICS CO LTD SASOL LTD SHOWA DENKO K K SOLVAY SA STANDARD CHARTERED PLC SVENSKA HANDELSBANKEN A SHS SYMRISE AG TAYLOR WIMPEY PLC TEVA PHARMACEUTICAL SP ADR THAI OIL PCL FRGN TRANSGENE SA TREVI FINANZIARIA INDUSTRIAL WINCOR NIXDORF AG YIT OYJ
SEDOL Number '6054409 '0081180 '5086577 'B1FP891 '0090498 '2878993 '4061393 '4182249 '5842359 '4263304 'B03RSL4 'B1SK0S6 '0386410 '6913168 '4511809 'B011GL4 '2398822 '5679591 'B076LH4 '6248990 'B09M9D2 'B11WFP1 'B3K7KL2 'B0V3WR8 'B05DY78 'B60DQV3 '2654416 '2578378 '5294121 '7103065 '0682538 'B943Z35 '6771720 '6777450 '6805469 '4821100 '0408284 '5703661 'B1JB4K8 '0878230 '2883878 'B0305J0 '5429075 '5731446 'B012VF6 'B11BQV1
Shares/Par Value Base Market Value 715,900 17,124,645 5,339,856 22,224,872 198,900 17,449,430 1,524,038 5,959,005 966,606 19,036,634 303,700 17,632,822 109,173 18,140,452 764,908 16,913,790 1,760,815 18,644,711 1,178,592 17,307,570 1,179,500 11,247,155 714,939 17,401,688 9,781,283 15,706,409 12,897,800 11,331,568 219,400 17,239,143 275,883 17,992,924 416,745 22,466,723 621,556 17,990,901 374,908 464,200 19,107,147 239,400 18,859,810 455,280 15,054,086 305,900 5,692,695 812,365 19,121,073 1,005,806 17,603,891 345,600 16,044,927 364,490 14,849,393 170,817 6,940,295 100,930 18,909,244 277,850 19,790,889 1,244,373 20,198,959 2,458,530 19,692,401 16,285 22,350,526 380,435 16,891,083 12,144,000 18,212,125 116,647 15,824,925 742,141 19,196,818 447,400 19,163,473 446,150 17,708,366 17,822,024 24,599,235 544,919 21,622,386 8,271,400 18,500,143 142,827 1,520,420 1,131,526 7,773,506 382,950 19,055,150 840,216 17,532,462
Pear Tree Polaris Foreign Value Fund Holdings as of March 31, 2013 Security Name
SEDOL Number
EXXON MOBIL CORP SSGA FDS
' '
50,000,000 84,750,083
50,000,000 84,750,083 134,750,083
EURO CURRENCY SWEDISH KRONA
' '
535,638 4,088,118
687,812 628,748 1,316,560
Other Assets - Liabilities Market to Market Total Net Assets
Shares/Par Value
Base Market Value 753,625,869
(4,151,291) (66,621) 885,474,600
IMPORTANT LEGAL INFORMATION:
Investors should read the prospectus carefully before investing because it contains more complete information on the Pear Tree Funds’ investment objectives, risks, charges and expenses. Please consider this information carefully. For a prospectus and other information, visit www.peartreefunds.com or call (800) 326-2151. The Portfolio is actively managed and holdings are subject to change without notice and may not represent current or future portfolio composition.
The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Forms N-CSR and N-Q for the Fund are available on the SEC website at www.sec.gov. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund. Reference to specific securities or holdings should not be considered recommendations for action by investors.
Pear Tree Polaris Foreign Value Small Cap Fund Holdings as of March 31, 2013 Security Name ABG SUNDAL COLLIER HOLDING ALTERNATIVE NETWORKS PLC ASTRAL MEDIA INC A AUSTAL LTD BBA AVIATION PLC BML INC BONDUELLE SCA BREADTALK GROUP LTD CHARACTER GROUP PLC CHINA HONGXING SPORTS LTD CHUGOKU MARINE PAINTS LTD CLARKSON PLC CLICKS GROUP LTD DAICEL CORP DAIICHIKOSHO CO LTD DE LONGHI SPA DRAEGERWERK AG PREF DUNI AB EQUATORIAL ENERGIA SA ORD FREENET AG GALLIFORD TRY PLC GLANBIA PLC GREENCORE GROUP PLC HALFORDS GROUP PLC HANA MICROELECTRONICS FOREIG HOLTEK SEMICONDUCTOR INC IFG GROUP PLC JP MORGAN STRUCTURED PRDCT WTS JP MORGAN STRUCTURED PRODUCTS JP MORGAN STRUCTURED PRODUCTS JP MORGAN STRUCTURED PRS WTS JPMORGAN CHASE BANK KINEPOLIS KRBL LTD LIC HOUSING FINANCE LTD LOOMIS AB B M1 LTD MANAPPURAM FINANCE LTD MANILA WATER COMPANY NIIT TECHNOLOGIES LTD NOLATO AB B SHS RATCHABURI ELEC GEN HODG FOR RESTAURANT GROUP PLC SAMSON HOLDING LTD SICHUAN EXPRESSWAY CO H SOUTH INDIAN BANK LTD
SEDOL Number '4333058 'B05KXX8 '2060273 '6137162 'B1FP891 '6197876 '5481989 '6630025 '0897611 'B1WN188 '6196000 '0201836 '6105578 '6250542 '6253132 '7169517 '5169218 'B03RSL4 'B128R96 'B1SK0S6 'B3Y2J50 '4058629 '0386410 'B012TP2 'B407NK9 '6548980 '4373355 'B5NNHN2 'B5NQB51 'B5NQ452 'B5MNH55 ' '5439524 'B02VC93 '6101026 'B3K7KL2 'B04KJ97 '6570400 'B0684C7 'B02PD81 '4589710 '6294249 'B0YG1K0 'B0LMBV2 '6055877 '6349967
Shares/Par Value Base Market Value 1,859,000 1,513,973 488,200 2,357,358 22,800 1,100,558 552,530 383,067 419,011 1,638,337 98,700 2,644,387 55,600 1,407,214 2,815,100 2,144,341 496,900 954,465 10,258,400 82,689 445,600 2,360,230 64,500 1,522,968 232,300 1,468,325 312,500 2,479,526 83,600 2,243,382 118,910 1,875,061 16,900 2,186,404 156,400 1,491,357 296,237 2,982,424 127,700 3,108,231 193,828 2,701,842 189,900 2,258,299 1,379,652 2,215,392 266,687 1,306,777 2,059,080 1,757,794 1,508,600 1,775,862 829,985 1,513,412 1,679,000 671,936 807,100 326,714 276,900 1,446,415 2,535,250 1,152,271 204,200 846,674 15,900 2,000,883 1,475,200 590,351 146,600 607,844 82,300 1,531,575 987,300 2,355,641 1,064,700 423,137 4,081,170 4,000,167 83,400 435,644 129,700 2,014,719 1,220,000 2,478,743 250,600 1,780,471 10,475,800 1,997,280 4,380,960 1,422,197 553,320 251,463
Pear Tree Polaris Foreign Value Small Cap Fund Holdings as of March 31, 2013 SPAREBANK 1 NORD NORGE SPAREBANK 1 SMN SPAREBANK 1 SR BANK ASA TEXWINCA HOLDINGS LTD THAI UNION FROZEN PROD FOREI TREVI FINANZIARIA INDUSTRIAL UNIPRES CORP UNITED DRUG PLC USHA MARTIN LTD VETROPACK HOLDING AG BR VITEC GROUP PLC/THE VST HOLDINGS LTD VTECH HOLDINGS LTD WETHERSPOON (J.D.) PLC XINHUA WINSHARE PUBLISHING H
'B06T259 'B0LGG75 'B40JTQ3 '6039558 '6422716 '5731446 '6985695 '3302480 '6142854 '5166060 '0929666 '6527031 '6928560 '0163895 'B1XCJB3
EURO CURRENCY SSGA FDS Other Assets - Liabilities Market to Market Total Net Assets
250,931 247,265 243,300 1,720,300 821,274 233,100 73,900 705,359 323,760 1,086 151,582 7,922,800 115,700 196,400 2,701,500
1,630,567 1,962,858 2,085,727 1,815,006 1,787,817 1,601,381 1,693,050 2,905,766 131,053 2,178,996 1,506,461 2,061,674 1,413,711 1,602,952 1,496,454 101,681,276
'
1
1
'
13,268,135
13,268,135 317,226 (1,277) 115,265,361
IMPORTANT LEGAL INFORMATION:
Investors should read the prospectus carefully before investing because it contains more complete information on the Pear Tree Funds’ investment objectives, risks, charges and expenses. Please consider this information carefully. For a prospectus and other information, visit www.peartreefunds.com or call (800) 326-2151. The Portfolio is actively managed and holdings are subject to change without notice and may not represent current or future portfolio composition. The portfolio data is “as of” the date indicated and we disclaim any responsibility to update the information. Unlike the fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. Forms N-CSR and N-Q for the Fund are available on the SEC website at www.sec.gov.
Pear Tree Polaris Foreign Value Small Cap Fund Holdings as of March 31, 2013
The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund. Reference to specific securities or holdings should not be considered recommendations for action by investors.
