13F HOLDINGS REPORT
Global Endowment Management, LP
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001085146-25-004969
Total Value
$751.2M
Positions
128
Other Managers
0
Confidential Omitted
No
Holdings (128)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD BD INDEX FDS | 921937835 | 2,031,788 | $149.6M | 19.91% |
| 2 | VANGUARD INDEX FDS | 922908769 | 340,983 | $103.6M | 13.80% |
| 3 | VANGUARD STAR FDS | 921909768 | 1,252,430 | $86.5M | 11.52% |
| 4 | SPDR S&P 500 ETF TR | SPY | 89,363 | $55.2M | 7.35% |
| 5 | VANGUARD INTL EQUITY INDEX F | 922042742 | 302,086 | $38.8M | 5.17% |
| 6 | J P MORGAN EXCHANGE TRADED F | 46641Q738 | 389,210 | $35.9M | 4.77% |
| 7 | TXO PARTNERS LP | TXO | 1,733,760 | $26.1M | 3.47% |
| 8 | NVIDIA CORPORATION | NVDA | 120,938 | $19.1M | 2.54% |
| 9 | APPLE INC | AAPL | 77,012 | $15.8M | 2.10% |
| 10 | VANGUARD INTL EQUITY INDEX F | 922042858 | 298,000 | $14.7M | 1.96% |
| 11 | ISHARES TR | 464288182 | 169,272 | $14.0M | 1.86% |
| 12 | VANGUARD INDEX FDS | 922908363 | 24,605 | $14.0M | 1.86% |
| 13 | ISHARES TR | 464287226 | 136,465 | $13.5M | 1.80% |
| 14 | SPROTT PHYSICAL GOLD TR | SII | 396,000 | $10.0M | 1.34% |
| 15 | SCHWAB STRATEGIC TR | 808524201 | 373,488 | $9.1M | 1.22% |
| 16 | ISHARES TR | 464287739 | 93,880 | $8.9M | 1.18% |
| 17 | SELECT SECTOR SPDR TR | 81369Y209 | 65,144 | $8.8M | 1.17% |
| 18 | ISHARES TR | 464287176 | 65,197 | $7.2M | 0.96% |
| 19 | ISHARES INC | 46434G822 | 85,801 | $6.4M | 0.86% |
| 20 | META PLATFORMS INC | META | 8,015 | $5.9M | 0.79% |
| 21 | AMAZON COM INC | AMZN | 21,165 | $4.6M | 0.62% |
| 22 | MICROSOFT CORP | MSFT | 8,115 | $4.0M | 0.54% |
| 23 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 8,201 | $4.0M | 0.53% |
| 24 | BARCLAYS BANK PLC | VXZ | 108,550 | $3.7M | 0.49% |
| 25 | SPDR INDEX SHS FDS | 78463X889 | 83,912 | $3.4M | 0.45% |
| 26 | VANGUARD INDEX FDS | 922908553 | 38,000 | $3.4M | 0.45% |
| 27 | SPDR GOLD TR | GLD | 11,000 | $3.4M | 0.45% |
| 28 | ISHARES TR | 464287457 | 40,000 | $3.3M | 0.44% |
| 29 | SPDR SERIES TRUST | 78464A649 | 113,772 | $2.9M | 0.39% |
| 30 | VANECK ETF TRUST | 92189F106 | 55,000 | $2.9M | 0.38% |
| 31 | VANGUARD TAX-MANAGED FDS | 921943858 | 48,000 | $2.7M | 0.36% |
| 32 | VANGUARD SCOTTSDALE FDS | 92206C706 | 44,700 | $2.7M | 0.36% |
| 33 | VANGUARD SCOTTSDALE FDS | 92206C847 | 46,770 | $2.6M | 0.35% |
| 34 | VANGUARD CHARLOTTE FDS | 92203J407 | 52,331 | $2.6M | 0.34% |
| 35 | ISHARES TR | 464288661 | 20,000 | $2.4M | 0.32% |
| 36 | INVESCO DB COMMDY INDX TRCK | IVZ | 103,088 | $2.2M | 0.30% |
| 37 | ALPHABET INC | GOOG | 12,446 | $2.2M | 0.29% |
| 38 | ISHARES TR | 464288513 | 24,840 | $2.0M | 0.27% |
| 39 | ISHARES TR | 46435G334 | 50,000 | $2.0M | 0.26% |
| 40 | ISHARES TR | 46429B598 | 35,000 | $1.9M | 0.26% |
| 41 | SPDR INDEX SHS FDS | 78463X509 | 41,627 | $1.8M | 0.24% |
| 42 | KRANESHARES TRUST | 500767306 | 50,000 | $1.7M | 0.23% |
| 43 | PIMCO ETF TR | 72201R304 | 30,000 | $1.6M | 0.21% |
| 44 | VANECK ETF TRUST | 92189F437 | 50,000 | $1.5M | 0.19% |
| 45 | ISHARES INC | 464286806 | 33,500 | $1.4M | 0.19% |
| 46 | VANGUARD INTL EQUITY INDEX F | 922042874 | 18,000 | $1.4M | 0.19% |
| 47 | ISHARES INC | 464286764 | 30,000 | $1.3M | 0.18% |
| 48 | GOLUB CAP BDC INC | 38173M102 | 90,000 | $1.3M | 0.18% |
| 49 | PDD HOLDINGS INC | PDD | 12,337 | $1.3M | 0.17% |
| 50 | ISHARES INC | 464286103 | 40,000 | $1.1M | 0.14% |
| 51 | ISHARES INC | 46434G780 | 40,000 | $1.0M | 0.14% |
| 52 | GLOBAL X FDS | 37950E259 | 12,000 | $1.0M | 0.14% |
| 53 | GE AEROSPACE | 369604301 | 3,615 | $930,465 | 0.12% |
| 54 | CARVANA CO | CVNA | 2,736 | $921,923 | 0.12% |
| 55 | SELECT SECTOR SPDR TR | 81369Y852 | 8,000 | $868,240 | 0.12% |
| 56 | MOODYS CORP | MCO | 1,625 | $815,084 | 0.11% |
| 57 | SCHWAB STRATEGIC TR | 808524300 | 27,260 | $796,265 | 0.11% |
| 58 | VISA INC | V | 2,166 | $769,038 | 0.10% |
| 59 | SELECT SECTOR SPDR TR | 81369Y803 | 3,000 | $759,690 | 0.10% |
| 60 | FRANKLIN TEMPLETON ETF TR | FGDL | 29,000 | $708,760 | 0.09% |
| 61 | LOUISIANA PAC CORP | LPX | 7,967 | $685,082 | 0.09% |
| 62 | COUPANG INC | CPNG | 21,600 | $647,136 | 0.09% |
| 63 | VEEVA SYS INC | VEEV | 2,101 | $605,046 | 0.08% |
| 64 | MERCADOLIBRE INC | MELI | 231 | $603,749 | 0.08% |
| 65 | CREDIT ACCEP CORP MICH | 225310101 | 1,179 | $600,618 | 0.08% |
| 66 | WARNER BROS DISCOVERY INC | WBD | 51,561 | $590,889 | 0.08% |
| 67 | ISHARES TR | 464288612 | 5,334 | $569,618 | 0.08% |
| 68 | WIX COM LTD | WIX | 3,500 | $554,610 | 0.07% |
| 69 | 2023 ETF SERIES TRUST II | 90139K100 | 16,000 | $548,160 | 0.07% |
| 70 | SPDR SERIES TRUST | 78464A375 | 15,463 | $519,248 | 0.07% |
| 71 | FERGUSON ENTERPRISES INC | FERG | 2,333 | $508,011 | 0.07% |
| 72 | APPFOLIO INC | APPF | 2,194 | $505,234 | 0.07% |
| 73 | SPDR SERIES TRUST | 78464A599 | 2,600 | $493,532 | 0.07% |
| 74 | CAPITAL ONE FINL CORP | 14040H105 | 2,312 | $491,901 | 0.07% |
| 75 | SPDR SERIES TRUST | 78468R622 | 5,000 | $486,350 | 0.06% |
| 76 | ISHARES INC | 46434G830 | 10,000 | $481,400 | 0.06% |
| 77 | PIMCO MUN INCOME FD | 72200R107 | 60,000 | $478,800 | 0.06% |
| 78 | EA SERIES TRUST | 02072L672 | 9,000 | $478,178 | 0.06% |
| 79 | ISHARES INC | 46434G772 | 8,000 | $459,200 | 0.06% |
| 80 | CROWN HLDGS INC | CCK | 4,439 | $457,128 | 0.06% |
| 81 | ISHARES BITCOIN TRUST ETF | IBIT | 7,363 | $450,689 | 0.06% |
| 82 | NYLI MACKAY DEFINEDTERM MUNI | MMD | 30,000 | $443,700 | 0.06% |
| 83 | ISHARES INC | 464286640 | 14,000 | $440,300 | 0.06% |
| 84 | ISHARES INC | 464286772 | 6,110 | $438,576 | 0.06% |
| 85 | ISHARES INC | 464286749 | 8,000 | $438,480 | 0.06% |
| 86 | ISHARES TR | 46434V407 | 9,637 | $415,740 | 0.06% |
| 87 | SHIFT4 PMTS INC | 82452J109 | 4,147 | $411,009 | 0.05% |
| 88 | ROYAL GOLD INC | RGLD | 2,244 | $399,073 | 0.05% |
| 89 | FIRST ADVANTAGE CORP NEW | FA | 23,107 | $383,807 | 0.05% |
| 90 | QORVO INC | QRVO | 4,510 | $382,944 | 0.05% |
| 91 | CRH PLC | CRH | 4,094 | $375,829 | 0.05% |
| 92 | ENOVA INTL INC | 29357K103 | 3,307 | $368,797 | 0.05% |
| 93 | HERCULES CAPITAL INC | HCXY | 20,000 | $365,600 | 0.05% |
| 94 | GEN DIGITAL INC | GENVR | 12,376 | $363,854 | 0.05% |
| 95 | PG&E CORP | PCG-PX | 25,506 | $355,554 | 0.05% |
| 96 | AUTODESK INC | ADSK | 1,139 | $352,600 | 0.05% |
| 97 | OSCAR HEALTH INC | OSCR | 16,214 | $347,628 | 0.05% |
| 98 | ALIGHT INC | ALIT | 60,750 | $343,845 | 0.05% |
| 99 | SPDR SERIES TRUST | 78468R556 | 2,700 | $339,660 | 0.05% |
| 100 | APOGEE THERAPEUTICS INC | APGE | 7,797 | $338,624 | 0.05% |
| 101 | HEALTHCARE RLTY TR | 42226K105 | 21,178 | $335,883 | 0.04% |
| 102 | NEWS CORP NEW | NWSLL | 11,167 | $331,883 | 0.04% |
| 103 | BECTON DICKINSON & CO | BDX | 1,910 | $328,998 | 0.04% |
| 104 | IAC INC | IAC | 8,757 | $326,986 | 0.04% |
| 105 | MATCH GROUP INC NEW | MTCH | 10,526 | $325,148 | 0.04% |
| 106 | KASPI KZ JSC | 48581R205 | 3,792 | $321,903 | 0.04% |
| 107 | SPDR SERIES TRUST | 78464A367 | 13,903 | $313,791 | 0.04% |
| 108 | ENSTAR GROUP LIMITED | G3075P101 | 928 | $312,142 | 0.04% |
| 109 | STRIDE INC | LRN | 2,132 | $309,545 | 0.04% |
| 110 | INTUIT | INTU | 393 | $309,539 | 0.04% |
| 111 | GLOBAL X FDS | 37954Y871 | 7,920 | $307,375 | 0.04% |
| 112 | KENVUE INC | KVUE | 13,491 | $282,367 | 0.04% |
| 113 | DBX ETF TR | 233051879 | 10,000 | $275,400 | 0.04% |
| 114 | SPYRE THERAPEUTICS INC | SYRE | 18,184 | $272,214 | 0.04% |
| 115 | COGENT COMMUNICATIONS HLDGS | CCOI | 5,523 | $266,264 | 0.04% |
| 116 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 1,426 | $261,628 | 0.03% |
| 117 | WATERS CORP | 941848103 | 712 | $248,516 | 0.03% |
| 118 | ALLY FINL INC | 02005N100 | 6,342 | $247,021 | 0.03% |
| 119 | MARSH & MCLENNAN COS INC | 571748102 | 1,095 | $239,411 | 0.03% |
| 120 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 4,276 | $236,933 | 0.03% |
| 121 | ISHARES INC | 464286509 | 5,000 | $231,000 | 0.03% |
| 122 | STELLANTIS N.V | STLA | 21,702 | $217,671 | 0.03% |
| 123 | FAIR ISAAC CORP | FICO | 119 | $217,527 | 0.03% |
| 124 | ALIBABA GROUP HLDG LTD | BBAAY | 1,909 | $216,500 | 0.03% |
| 125 | SIMPLIFY EXCHANGE TRADED FUN | 82889N855 | 4,000 | $211,360 | 0.03% |
| 126 | KRANESHARES TRUST | 500767553 | 13,389 | $207,797 | 0.03% |
| 127 | FRONTIER GROUP HLDGS INC | ULCC | 54,707 | $198,586 | 0.03% |
| 128 | UPWORK INC | UPWK | 14,334 | $192,649 | 0.03% |