13F HOLDINGS REPORT

Global Endowment Management, LP

Quarter ended Q1 2023 · Filed February 13, 2023 · Accession 0001085146-23-001150

Total Value

$902.8M

Positions

107

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (107)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD BD INDEX FDS	921937835	3,221,900	$231.5M	25.64%
2	VANGUARD STAR FDS	921909768	2,258,922	$116.8M	12.94%
3	VANGUARD INDEX FDS	922908769	499,755	$95.5M	10.58%
4	SPDR S&P 500 ETF TR	SPY	147,000	$56.2M	6.23%
5	AMAZON COM INC	AMZN	589,868	$49.5M	5.49%
6	J P MORGAN EXCHANGE TRADED F	46641Q738	571,320	$46.6M	5.16%
7	VANGUARD WORLD FD	921910873	310,536	$41.1M	4.55%
8	VANGUARD INTL EQUITY INDEX F	922042858	337,700	$13.2M	1.46%
9	GLOBAL X FDS	37954Y293	301,700	$12.3M	1.36%
10	VANGUARD INTL EQUITY INDEX F	922042742	135,900	$11.7M	1.30%
11	INVESCO EXCHANGE TRADED FD T	IVZ	150,000	$11.7M	1.30%
12	ISHARES TR	464287176	99,550	$10.6M	1.17%
13	VANGUARD INDEX FDS	922908363	24,461	$8.6M	0.95%
14	VANGUARD INDEX FDS	922908553	102,600	$8.5M	0.94%
15	ISHARES TR	464287432	75,000	$7.5M	0.83%
16	ISHARES TR	464287440	74,870	$7.2M	0.79%
17	VANGUARD TAX-MANAGED FDS	921943858	168,300	$7.1M	0.78%
18	SPROTT PHYSICAL GOLD TR	SII	476,000	$6.7M	0.74%
19	CREDIT ACCEP CORP MICH	225310101	13,676	$6.5M	0.72%
20	WISDOMTREE TR	WT	100,000	$6.4M	0.71%
21	CHEVRON CORP NEW	CVX	33,660	$6.0M	0.67%
22	BERKSHIRE HATHAWAY INC DEL	BRK-A	19,000	$5.9M	0.65%
23	OCCIDENTAL PETE CORP	674599105	83,710	$5.3M	0.58%
24	ISHARES TR	464288182	78,901	$5.1M	0.57%
25	ISHARES INC	464286103	213,600	$4.7M	0.53%
26	ISHARES INC	46434G822	85,960	$4.7M	0.52%
27	ISHARES TR	46435G334	140,000	$4.3M	0.48%
28	KKR & CO INC	KKRT	79,336	$3.7M	0.41%
29	WORKDAY INC	WDAY	21,707	$3.6M	0.40%
30	MICROSOFT CORP	MSFT	14,386	$3.5M	0.38%
31	ISHARES TR	46434V407	83,380	$3.4M	0.38%
32	SPDR GOLD TR	GLD	20,000	$3.4M	0.38%
33	ISHARES TR	464288513	45,000	$3.3M	0.37%
34	ISHARES TR	464288661	28,700	$3.3M	0.37%
35	BROOKFIELD CORP	11271J107	101,259	$3.2M	0.35%
36	VANGUARD WHITEHALL FDS	921946885	52,000	$3.2M	0.35%
37	ALPHABET INC	GOOG	35,085	$3.1M	0.34%
38	ISHARES INC	46434G764	63,900	$3.0M	0.34%
39	INVESCO DB COMMDY INDX TRCK	IVZ	120,000	$3.0M	0.33%
40	VANGUARD WORLD FDS	92204A801	17,120	$2.9M	0.32%
41	SMARTSHEET INC	83200N103	70,099	$2.8M	0.31%
42	META PLATFORMS INC	META	22,550	$2.7M	0.30%
43	ISHARES TR	46429B598	64,180	$2.7M	0.30%
44	SALESFORCE INC	CRM	19,442	$2.6M	0.29%
45	DYNATRACE INC	DT	67,135	$2.6M	0.28%
46	ISHARES TR	46429B507	54,400	$2.5M	0.28%
47	KRANESHARES TR	500767553	105,000	$2.4M	0.27%
48	GODADDY INC	GDDY	31,899	$2.4M	0.26%
49	VANGUARD MALVERN FDS	922020805	50,000	$2.3M	0.26%
50	WIX COM LTD	WIX	28,983	$2.2M	0.25%
51	ARCO PLATFORM LTD	G04553106	159,056	$2.1M	0.24%
52	JAMF HLDG CORP	47074L105	95,275	$2.0M	0.22%
53	ISHARES INC	464286509	59,840	$2.0M	0.22%
54	KRANESHARES TR	500767678	50,000	$1.8M	0.20%
55	SS&C TECHNOLOGIES HLDGS INC	SSNC	31,563	$1.6M	0.18%
56	ISHARES INC	464286806	63,220	$1.6M	0.17%
57	ADOBE SYSTEMS INCORPORATED	ADBE	4,457	$1.5M	0.17%
58	SPDR SER TR	78464A870	17,000	$1.4M	0.16%
59	VANECK ETF TRUST	92189F437	50,000	$1.4M	0.15%
60	ISHARES INC	464286772	23,500	$1.3M	0.15%
61	APPLE INC	AAPL	10,165	$1.3M	0.15%
62	TRANSDIGM GROUP INC	TDG	2,041	$1.3M	0.14%
63	SPDR SER TR	78468R556	9,140	$1.2M	0.14%
64	ISHARES INC	464286822	25,000	$1.2M	0.14%
65	ISHARES TR	464288588	13,300	$1.2M	0.14%
66	DBX ETF TR	233051879	40,800	$1.1M	0.13%
67	VIRTUS EQUITY & CONV INCM FD	92841M101	60,000	$1.1M	0.12%
68	PIMCO ETF TR	72201R882	12,000	$1.0M	0.12%
69	SUSTAINABLE DEVELP ACQU I CO	86934L202	100,000	$1.0M	0.11%
70	ADAMS DIVERSIFIED EQUITY FD	006212104	63,677	$925,864	0.10%
71	APPLOVIN CORP	APP	86,890	$914,952	0.10%
72	ISHARES INC	464286764	37,000	$894,660	0.10%
73	MISTER CAR WASH INC	MCW	83,088	$766,903	0.08%
74	BROOKFIELD ASSET MANAGMT LTD	113004105	25,315	$725,781	0.08%
75	ISHARES INC	464286749	16,000	$670,880	0.07%
76	GOLUB CAP BDC INC	38173M102	50,000	$658,000	0.07%
77	SELECT SECTOR SPDR TR	81369Y605	19,030	$650,826	0.07%
78	GLOBAL X FDS	37950E259	18,660	$633,880	0.07%
79	ISHARES INC	46434G830	22,650	$610,191	0.07%
80	VANECK ETF TRUST	92189F106	20,000	$573,200	0.06%
81	SELECT SECTOR SPDR TR	81369Y209	4,000	$543,400	0.06%
82	SPDR SER TR	78464A581	5,750	$516,868	0.06%
83	UNITED STS OIL FD LP	UNTCW	7,000	$490,770	0.05%
84	SELECT SECTOR SPDR TR	81369Y852	10,000	$479,900	0.05%
85	SPDR SER TR	78464A599	4,000	$434,880	0.05%
86	SIMPLIFY EXCHANGE TRADED FUN	82889N855	6,000	$429,660	0.05%
87	ISHARES INC	464286871	20,000	$420,200	0.05%
88	ISHARES INC	464286640	14,000	$379,260	0.04%
89	AMERICAN HOMES 4 RENT	AMH-PG	11,783	$355,140	0.04%
90	CAMDEN PPTY TR	133131102	3,112	$348,171	0.04%
91	KRANESHARES TR	500767702	10,658	$330,025	0.04%
92	APARTMENT INCOME REIT CORP	APA	9,578	$328,621	0.04%
93	VANECK ETF TRUST	92189F817	26,320	$311,629	0.03%
94	AVALONBAY CMNTYS INC	AWX	1,795	$289,928	0.03%
95	EQUITY RESIDENTIAL	EQR	4,814	$284,026	0.03%
96	PHYSICIANS RLTY TR	71943U104	19,512	$282,339	0.03%
97	ISHARES INC	46434G772	7,000	$281,120	0.03%
98	INVITATION HOMES INC	INVH	9,452	$280,157	0.03%
99	ISHARES TR	46434V464	1,871	$258,469	0.03%
100	ISHARES TR	46429B309	10,400	$232,856	0.03%
101	ISHARES TR	464288612	2,247	$230,228	0.03%
102	NEWMONT CORP	NEMCL	4,858	$229,298	0.03%
103	CARVANA CO	CVNA	40,218	$190,633	0.02%
104	BARRICK GOLD CORP	067901108	10,920	$187,606	0.02%
105	NUVEEN S&P 500 BUY-WRITE INC	NU	10,000	$126,500	0.01%
106	ABRDN JAPAN EQUITY FUND INC	JEQ	20,000	$105,600	0.01%
107	NUVEEN CR STRATEGIES INCOME	NU	20,000	$101,800	0.01%