13F-HR 1 gemsmanagement13f1q13.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 ----------------- FORM 13F ----------------- FORM 13F COVER PAGE Report for the Quarter Ended: March 31, 2013 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Gems Management Limited. Address: Centreville House, Suite 2B, 2nd Terrace West PO BOx CB 12809 Nassau, Bahamas Form 13F File Number: 028-15152 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Cedric Lancelot Carroll Title: Managing Director Phone: (242) 326-1904 Signature, Place, and Date of Signing: Cedric Lancelot Carroll Nassau, Bahamas 9 May 2013 ------------------------ ------------------------ ------------------------ [Signature] [City, State] [Date] Report type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this report manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holding are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 43 ------------- Form 13F Information Table Value Total: $71,358 ------------- (thousands) List of Other Included Managers: N/A Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE Form 13F Information Table For the quarter ended March 31, 2013

TITLE OF VALUE SH OR PRN SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) AMOUNT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ~~AMERICAN~~ADOBE ~~CAPITAL~~SYS ~~AGENCY~~INC ~~CORP~~ COM ~~02503X105~~00724F101 151,~~895~~207 ~~550~~27,~~000~~731 SH SOLE ~~550~~27,~~000~~731 ~~ERICSSON~~AMERICAN ~~ADR~~CAPITAL BAGENCY ~~SEK~~CORP 10COM ~~294821608~~02503X105 118,~~080~~029 ~~106~~550,~~928~~000 SH SOLE ~~106~~550,~~928~~000 ~~CURRENCYSHARES~~APPLE ~~EURO~~INC TRCOM ~~EURO~~037833100 ~~SHS~~841 ~~23130C108 469 3~~1,~~584~~900 SH SOLE 31,~~584~~900 ~~ISHARES~~CITIGROUP TRINC ~~FTSE~~COM ~~CHINA25~~NEW ~~IDX~~172967424 ~~464287184~~474 210,~~506~~725 ~~61,962~~ SH SOLE 6110,~~962~~725 ~~GLOBAL~~CREDIT XSUISSE ~~FDS~~NASSAU ~~FTSE~~BRH ~~COLOMBIA20~~INVRS ~~37950E200~~VIX ~~928~~STERM 4122542D795 9,~~705~~873 423,570 SH SOLE 41423,~~705~~570 ~~GOOGLE~~DELL INC CLCOM A24702R101 ~~38259P508~~ 1,~~094~~170 181,~~546~~681 SH SOLE 181,~~546~~681 ~~CLAYMORE~~HEWLETT ~~EXCHANGE~~PACKARD ~~TRD~~CO FDCOM TR428236103 ~~GUGG CHN SML CAP 18383Q853 341 14~~1,~~197~~196 ~~SH SOLE 14~~50,~~197~~170 ~~CLAYMORE EXCHANGE TRD FD TR GUGG FRNTR MKT 18383Q838 474 23,965~~ SH SOLE 2350,~~965~~170 ISHARES TRINC HIGH YLD CORP 464288513 31,~~390~~068 3611,~~317~~320 SH SOLE 3611,~~317~~320 ISHARES TRINC ~~JPMORGAN~~MSCI ~~USD~~JAPAN ~~464288281~~464286848 ~~470~~1,035 395,~~831~~794 SH SOLE 395,~~831~~794 ~~JUNIPER~~ISHARES ~~NETWORKS~~ INC ~~COM~~MSCI ~~48203R104~~MEXICO CAP 464286822 1,~~081~~399 5418,~~954~~757 SH SOLE 5418,~~954~~757 ~~MARKET~~ISHARES ~~VECTORS~~INC ~~ETF~~MSCI TRTURKEY ~~BRAZL~~FD ~~SMCP~~464286715 ~~ETF~~1,409 ~~57060U613 339 7~~19,~~959~~799 SH SOLE 719,~~959~~799 ~~MARKET~~ISHARES ~~VECTORS~~INC ~~ETF~~NASDQ TRBIO EMINDX LC464287556 ~~CURR~~457 ~~DBT 57060U522 479 17~~2,~~435~~860 SH SOLE 172,~~435~~860 ~~MARKET~~ISHARES ~~VECTORS~~INC ~~ETF~~RUSSELL TR2000 ~~RUSSIA~~464287655 ~~ETF~~453 ~~57060U506 2~~4,~~024~~785 ~~67,694~~ SH SOLE 674,~~694~~785 ~~MARKET~~ISHARES ~~VECTORS ETF~~ TR ~~RUSSIA~~DJ ~~SMALLCP~~HOME ~~57060U399~~CONSTN ~~339~~464288752 222,~~252~~017 84,440 SH SOLE 2284,~~252~~440 ~~MARKET~~ISHARES ~~VECTORS ETF~~ TR ~~VIETNAM~~PHILL ~~ETF~~INVSTMRK ~~57060U761~~46429B408 ~~957~~1,424 5334,~~180~~604 SH SOLE 5334,~~180~~604 ~~MASTERCARD~~ISHARES ~~INC~~TR CLRUSSELL AMCP ~~57636Q104~~VL ~~1,081~~464287473 2453 7,~~201~~944 SH SOLE 27,~~201~~944 ~~MOBILE~~ISHARES ~~TELESYSTEMS~~TR ~~OJSC~~TRANSP ~~SPONSORED~~AVE ~~ADR~~IDX ~~607409109~~464287192 ~~1,066~~524 574,~~135~~711 SH SOLE 574,~~135~~711 ~~ISHARES~~JPMORGAN ~~INC~~CHASE ~~MSCI~~& ~~AUSTRALIA~~CO ~~464286103~~ALERIAN ~~479~~ML 19ETN 46625H365 655 14,~~044~~408 SH SOLE 1914,~~044~~408 ~~ISHARES~~LEGG MASON INC ~~MSCI~~COM ~~BRAZIL~~524901105 ~~464286400~~528 216,~~015~~425 ~~36,015~~ SH SOLE 3616,~~015~~425 ~~ISHARES~~MARKET ~~INC~~VECTORS ~~MSCI~~ETF ~~BRIC~~TR ~~INDX~~PHARMACEUTICAL ~~464286657~~57060U217 ~~477~~455 1110,~~673~~108 SH SOLE 1110,~~673~~108 ~~ISHARES~~MICRON TECHNOLOGY INC ~~MSCI~~COM ~~JAPAN~~595112103 ~~464286848~~1,185 ~~474 48~~118,~~625~~776 SH SOLE 48118,~~625~~776 ~~ISHARES~~MOTOROLA SOLUTIONS INC ~~MSCI~~COM ~~PAC~~NEW J620076307 ~~IDX~~1,192 ~~464286665 795 16~~18,~~868~~612 SH SOLE 1618,~~868~~612 ~~ISHARES~~NETFLIX INC ~~MSCI~~COM ~~STH~~64110L106 ~~AFRCA~~1,168 ~~464286780 936 13~~6,~~070~~169 SH SOLE 136,~~070~~169 ~~ISHARES~~PIMCO ~~INC~~ETF ~~MSCI~~TR ~~THAILAND~~0-5 ~~464286624~~HIGH ~~937~~YIELD 1172201R783 1,~~359~~771 16,940 SH SOLE 1116,~~359~~940 ~~ISHARES~~PLANTRONICS INC ~~MSCI~~NEW ~~TURKEY~~COM FD727493108 ~~464286715~~1,201 ~~931 13~~27,~~947~~170 SH SOLE 1327,~~947~~170 PROSHARES TR PSHS ~~ULTSHRT~~ULT ~~QQQ~~S&P ~~74347X237~~500 ~~575~~74347R107 1,457 19,~~392~~967 SH SOLE 19,~~392~~967 ~~NETFLIX~~PROSHARES ~~INC~~TR ~~COM~~PSHS ~~64110L106~~ULTRA ~~1,104~~DOW30 1174347R305 951 10,~~922~~822 SH SOLE 1110,~~922~~822 ~~NOKIA~~PROSHARES ~~CORP~~TR ~~SPONSORED~~PSHS ~~ADR~~ULTRA ~~654902204~~O&G ~~1,104~~74347R719 ~~279,528~~388 ~~SH SOLE 279~~6,~~528~~971 ~~ORACLE CORP COM 68389X105 1,075 32,253~~ SH SOLE 326,~~253~~971 ~~PLANTRONICS~~PROSHARES ~~INC~~TR ~~NEW~~PSHS ~~COM~~ULTRUSS2000 ~~727493108~~74347R842 ~~1,092~~869 2915,~~608~~191 SH SOLE 2915,~~608~~191 ~~ISHARES~~PROSHARES TR ~~S&P~~ULT ~~EURO~~R/EST ~~PLUS~~NEW ~~464287861~~74347X625 ~~612~~488 156,~~579~~040 SH SOLE 156,~~579~~040 ~~SPDR~~PROSHARES ~~SERIES~~TR ~~TRUST~~ULTRA ~~S&P~~FNCLS ~~HOMEBUILD~~NEW ~~78464A888~~74347X633 ~~398~~454 145,~~969~~375 SH SOLE 145,~~969~~375 ~~ISHARES~~SELECT TRSECTOR ~~S&P~~SPDR ~~LTN~~TR AMSBI 40CONS ~~464287390~~STPLS ~~476~~81369Y308 10461 11,~~859~~580 SH SOLE 1011,~~859~~580 SELECT SECTOR SPDR TR SBI ~~MATERIALS~~HEALTHCARE ~~81369Y100~~81369Y209 ~~528~~456 149,~~071~~907 SH SOLE 149,~~071~~907 ~~SPDR~~SELECT ~~SERIES~~SECTOR ~~TRUST~~SPDR ~~BRC~~TR ~~HGH~~SBI ~~YLD~~INT-UTILS BD81369Y886 ~~78464A417~~463 311,~~392~~841 ~~83,320~~ SH SOLE 8311,~~320~~841 ~~SPDR~~SILVER ~~INDEX~~BAY ~~SHS~~RLTY ~~FDS~~TR DJCORP ~~INTL~~COM RL82735Q102 ~~ETF~~534 ~~78463X863 1~~25,~~268~~800 ~~30,677~~ SH SOLE 3025,~~677~~800 ~~SPRINT~~SONY ~~NEXTEL~~ CORP ~~COM~~ADR ~~SER~~NEW 1835699307 ~~852061100~~ 1,~~061~~167 ~~187~~67,063 SH SOLE ~~187~~67,063 ~~PROSHARES~~SPDR TRSERIES ~~PSHS~~TRUST ~~ULT~~BRC ~~BASMATL~~HGH ~~74347R776~~YLD ~~268~~BD 778464A417 1,~~318~~070 26,039 SH SOLE 726,~~318~~039 ~~PROSHARES~~SPDR TRSERIES ~~ULTRA~~TRUST ~~FNCLS~~S&P ~~NEW~~HOMEBUILD ~~74347X633~~78464A888 ~~332~~3,516 4116,~~899~~966 SH SOLE 4116,~~899~~966 ~~PROSHARES~~SPDR TRSERIES ~~PSHS~~TRUST ~~TECHNOLOGY~~S&P ~~74347X153~~REGL ~~579~~BKG 1578464A698 450 14,~~654~~168 SH SOLE 1514,~~654~~168 ~~PROSHARES~~SYMANTEC TRCORP IICOM ~~ULTRASHORT~~871503108 ~~YEN N 74347W569~~ 1,~~034~~190 2048,~~368~~227 SH SOLE 2048,~~368~~227 ~~INVESCO~~UNITED SRSTATES ~~INCOME~~NATL TRGAS ~~COM~~FUND ~~46131H107~~UNIT ~~575~~PAR ~~111~~$0.001 912318201 844 38,~~069~~572 SH SOLE ~~111~~38,~~069~~572 ~~VANGUARD~~WISDOMTREE ~~TAX~~TRUST ~~MANAGED~~JAPN ~~INTL~~HEDGE FDEQT ~~MSCI~~97717W851 ~~EAFE ETF 921943858 1~~4,~~180~~236 3398,~~486~~079 SH SOLE 3398,~~486~~079 ~~VANGUARD~~YAHOO ~~INTL~~INC ~~EQUITY~~COM ~~INDEX~~984332106 ~~F MSCI EMR MKT ETF 922042858~~ 1,~~268~~180 2850,~~470~~149 SH SOLE 2850,~~470~~149

Filing Compare · GEMS MANAGEMENT LTD