Q1 2025 · 13F-HR
Global Endowment Management, LPholdings as filed
Filed 2025-05-13 · accession 0001085146-25-003043
$769.3M
Reported value
142
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 921937835 | BND | VANGUARD BD INDEX FDS | $149.0M | 19.4% | 2,027,950 | Common | SOLE |
| 922908769 | VTI | VANGUARD INDEX FDS | $108.0M | 14.0% | 393,124 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $82.7M | 10.7% | 1,331,290 | Common | SOLE |
| 46641Q738 | BBRE | J P MORGAN EXCHANGE TRADED F | $43.6M | 5.66% | 463,443 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $42.0M | 5.46% | 75,083 | Common | SOLE |
| 87313P103 | TXO | TXO PARTNERS LP | $38.0M | 4.94% | 1,985,130 | Common | SOLE |
| 922042742 | VT | VANGUARD INTL EQUITY INDEX F | $34.7M | 4.51% | 299,101 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $17.1M | 2.22% | 77,012 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $13.5M | 1.75% | 298,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $13.1M | 1.70% | 120,938 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $12.7M | 1.66% | 24,784 | Common | SOLE |
| 464288182 | AAXJ | ISHARES TR | $12.6M | 1.64% | 170,667 | Common | SOLE |
| 61774R205 | CVLC | MORGAN STANLEY ETF TRUST | $12.2M | 1.59% | 177,349 | Common | SOLE |
| 85207H104 | PHYS | SPROTT PHYSICAL GOLD TR | $9.5M | 1.24% | 396,000 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $9.3M | 1.21% | 63,644 | Common | SOLE |
| 464287226 | AGG | ISHARES TR | $8.6M | 1.11% | 86,579 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $8.5M | 1.10% | 103,674 | Common | SOLE |
| 78464A854 | SPYM | SPDR SER TR | $8.1M | 1.06% | 123,634 | Common | SOLE |
| 46435U549 | EAGG | ISHARES TR | $8.0M | 1.04% | 169,079 | Common | SOLE |
| 46434G822 | EWJ | ISHARES INC | $7.6M | 0.99% | 110,993 | Common | SOLE |
| 464287176 | TIP | ISHARES TR | $6.9M | 0.90% | 62,519 | Common | SOLE |
| 464287739 | IYR | ISHARES TR | $6.6M | 0.86% | 68,880 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $5.4M | 0.70% | 10,111 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $4.8M | 0.62% | 8,338 | Common | SOLE |
| 46138B103 | DBC | INVESCO DB COMMDY INDX TRCK | $4.4M | 0.58% | 196,736 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $4.0M | 0.52% | 21,149 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $3.8M | 0.49% | 13,182 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $3.8M | 0.49% | 41,930 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $3.3M | 0.43% | 40,000 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $3.2M | 0.42% | 8,563 | Common | SOLE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $3.2M | 0.42% | 87,808 | Common | SOLE |
| 78464A649 | SPAB | SPDR SER TR | $2.8M | 0.36% | 109,679 | Common | SOLE |
| 92206C847 | VGLT | VANGUARD SCOTTSDALE FDS | $2.7M | 0.35% | 46,770 | Common | SOLE |
| 92206C706 | VGIT | VANGUARD SCOTTSDALE FDS | $2.7M | 0.35% | 44,700 | Common | SOLE |
| 92189F106 | GDX | VANECK ETF TRUST | $2.5M | 0.33% | 55,000 | Common | SOLE |
| 37954Y293 | MLPX | GLOBAL X FDS | $2.5M | 0.32% | 39,000 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $2.4M | 0.32% | 48,000 | Common | SOLE |
| 464288661 | IEI | ISHARES TR | $2.4M | 0.31% | 20,000 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $2.0M | 0.26% | 12,784 | Common | SOLE |
| 06738C778 | DJP | BARCLAYS BANK PLC | $1.9M | 0.25% | 54,000 | Common | SOLE |
| 46435G334 | EWU | ISHARES TR | $1.9M | 0.24% | 50,000 | Common | SOLE |
| 46429B598 | INDA | ISHARES TR | $1.8M | 0.23% | 35,000 | Common | SOLE |
| 464288513 | HYG | ISHARES TR | $1.8M | 0.23% | 22,753 | Common | SOLE |
| 500767306 | KWEB | KRANESHARES TRUST | $1.7M | 0.23% | 50,000 | Common | SOLE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $1.7M | 0.22% | 43,580 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.6M | 0.21% | 3,481 | Common | SOLE |
| 006212104 | ADX | ADAMS DIVERSIFIED EQUITY FD | $1.5M | 0.19% | 77,652 | Common | SOLE |
| 389930207 | BTC | GRAYSCALE BITCOIN MINI TR ET | $1.4M | 0.19% | 39,593 | Common | SOLE |
| 92189F437 | ANGL | VANECK ETF TRUST | $1.4M | 0.19% | 50,000 | Common | SOLE |
| 78468R622 | JNK | SPDR SER TR | $1.4M | 0.19% | 15,096 | Common | SOLE |
| 92841M101 | XNIEX | VIRTUS EQUITY & CONV INCM FD | $1.3M | 0.17% | 60,000 | Common | SOLE |
| 922042874 | VGK | VANGUARD INTL EQUITY INDEX F | $1.3M | 0.16% | 18,000 | Common | SOLE |
| 38173M102 | GBDC | GOLUB CAP BDC INC | $1.2M | 0.16% | 80,000 | Common | SOLE |
| 464286764 | EWP | ISHARES INC | $1.1M | 0.15% | 30,000 | Common | SOLE |
| 37954Y871 | URA | GLOBAL X FDS | $991,565 | 0.13% | 43,262 | Common | SOLE |
| 37950E259 | ARGT | GLOBAL X FDS | $969,240 | 0.13% | 12,000 | Common | SOLE |
| 81369Y852 | XLC | SELECT SECTOR SPDR TR | $964,500 | 0.13% | 10,000 | Common | SOLE |
| 46434G780 | EWS | ISHARES INC | $950,400 | 0.12% | 40,000 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $947,884 | 0.12% | 19,030 | Common | SOLE |
| 464286103 | EWA | ISHARES INC | $937,600 | 0.12% | 40,000 | Common | SOLE |
| 46429B507 | EIRL | ISHARES TR | $886,800 | 0.12% | 15,000 | Common | SOLE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $871,974 | 0.11% | 17,861 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $825,920 | 0.11% | 4,000 | Common | SOLE |
| M98068105 | WIX | WIX COM LTD | $791,739 | 0.10% | 4,846 | Common | SOLE |
| 546347105 | LPX | LOUISIANA PAC CORP | $732,805 | 0.10% | 7,967 | Common | SOLE |
| 92826C839 | V | VISA INC | $677,790 | 0.09% | 1,934 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $650,569 | 0.08% | 1,397 | Common | SOLE |
| 78464A599 | XSW | SPDR SER TR | $639,440 | 0.08% | 4,000 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $628,871 | 0.08% | 3,142 | Common | SOLE |
| 225310101 | CACC | CREDIT ACCEP CORP MICH | $608,777 | 0.08% | 1,179 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $572,043 | 0.07% | 2,736 | Common | SOLE |
| 92204A801 | VAW | VANGUARD WORLD FD | $566,430 | 0.07% | 3,000 | Common | SOLE |
| 233051879 | ASHR | DBX ETF TR | $531,400 | 0.07% | 20,000 | Common | SOLE |
| 78468R556 | XOP | SPDR SER TR | $526,840 | 0.07% | 4,000 | Common | SOLE |
| 464288612 | GVI | ISHARES TR | $517,272 | 0.07% | 4,879 | Common | SOLE |
| 86333M108 | LRN | STRIDE INC | $502,964 | 0.07% | 3,976 | Common | SOLE |
| 78464A375 | SPIB | SPDR SER TR | $500,860 | 0.07% | 15,068 | Common | SOLE |
| 90139K100 | QLTY | 2023 ETF SERIES TRUST II | $500,160 | 0.07% | 16,000 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $492,600 | 0.06% | 65,245 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $490,784 | 0.06% | 3,063 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $487,555 | 0.06% | 5,251 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $486,655 | 0.06% | 2,101 | Common | SOLE |
| 03783C100 | APPF | APPFOLIO INC | $482,461 | 0.06% | 2,194 | Common | SOLE |
| 722304102 | PDD | PDD HOLDINGS INC | $477,542 | 0.06% | 4,035 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $476,369 | 0.06% | 5,830 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $473,688 | 0.06% | 21,600 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $450,934 | 0.06% | 5,126 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $450,651 | 0.06% | 231 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $428,836 | 0.06% | 844 | Common | SOLE |
| 46434G830 | EWI | ISHARES INC | $423,200 | 0.06% | 10,000 | Common | SOLE |
| 464286749 | EWL | ISHARES INC | $414,320 | 0.05% | 8,000 | Common | SOLE |
| 46436E866 | — | ISHARES TR | $403,600 | 0.05% | 17,270 | Common | SOLE |
| 02072L672 | SHOC | EA SERIES TRUST | $397,000 | 0.05% | 10,000 | Common | SOLE |
| 46434V407 | SHYG | ISHARES TR | $394,373 | 0.05% | 9,275 | Common | SOLE |
| 427096508 | HTGC | HERCULES CAPITAL INC | $384,200 | 0.05% | 20,000 | Common | SOLE |
| 46434G772 | EWT | ISHARES INC | $379,840 | 0.05% | 8,000 | Common | SOLE |
| G3075P101 | ESGRUSD | ENSTAR GROUP LIMITED | $379,578 | 0.05% | 1,142 | Common | SOLE |
| 65249B109 | NWSA | NEWS CORP NEW | $375,772 | 0.05% | 13,805 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $363,752 | 0.05% | 5,933 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $359,009 | 0.05% | 6,850 | Common | SOLE |
| 29357K103 | ENVA | ENOVA INTL INC | $358,431 | 0.05% | 3,712 | Common | SOLE |
| 228368106 | CCK | CROWN HLDGS INC | $345,079 | 0.04% | 3,866 | Common | SOLE |
| 254709108 | DFSEUR | DISCOVER FINL SVCS | $339,010 | 0.04% | 1,986 | Common | SOLE |
| 35473P710 | FLKR | FRANKLIN TEMPLETON ETF TR | $335,622 | 0.04% | 18,300 | Common | SOLE |
| 464286772 | EWY | ISHARES INC | $330,184 | 0.04% | 6,110 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $329,282 | 0.04% | 30,688 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $327,670 | 0.04% | 7,000 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $325,723 | 0.04% | 1,231 | Common | SOLE |
| 366505105 | GTX | GARRETT MOTION INC | $320,127 | 0.04% | 38,247 | Common | SOLE |
| 78464A367 | SPLB | SPDR SER TR | $295,193 | 0.04% | 13,079 | Common | SOLE |
| 00773J202 | SYRE | SPYRE THERAPEUTICS INC | $293,399 | 0.04% | 18,184 | Common | SOLE |
| 03770N101 | APGE | APOGEE THERAPEUTICS INC | $291,296 | 0.04% | 7,797 | Common | SOLE |
| 82889N855 | PFIX | SIMPLIFY EXCHANGE TRADED FUN | $290,760 | 0.04% | 6,000 | Common | SOLE |
| 44891N208 | IAC | IAC INC | $290,334 | 0.04% | 7,671 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $274,642 | 0.04% | 2,077 | Common | SOLE |
| G27358103 | DESP1EUR | DESPEGAR COM CORP | $270,801 | 0.04% | 14,412 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $268,565 | 0.03% | 7,364 | Common | SOLE |
| 91688F104 | UPWK | UPWORK INC | $258,834 | 0.03% | 19,834 | Common | SOLE |
| 687793109 | OSCR | OSCAR HEALTH INC | $254,714 | 0.03% | 19,429 | Common | SOLE |
| 45841N107 | IBKR | INTERACTIVE BROKERS GROUP IN | $254,512 | 0.03% | 1,537 | Common | SOLE |
| 500767553 | KCCA | KRANESHARES TRUST | $249,600 | 0.03% | 15,000 | Common | SOLE |
| N82405106 | STLA | STELLANTIS N.V | $249,232 | 0.03% | 22,233 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $242,174 | 0.03% | 10,099 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $240,614 | 0.03% | 986 | Common | SOLE |
| 98978V103 | ZTS | ZOETIS INC | $238,084 | 0.03% | 1,446 | Common | SOLE |
| 42226K105 | HR | HEALTHCARE RLTY TR | $237,918 | 0.03% | 14,078 | Common | SOLE |
| 941848103 | WAT | WATERS CORP | $233,305 | 0.03% | 633 | Common | SOLE |
| 57667L107 | MTCH | MATCH GROUP INC NEW | $232,752 | 0.03% | 7,460 | Common | SOLE |
| 461202103 | INTU | INTUIT | $231,474 | 0.03% | 377 | Common | SOLE |
| 717081103 | PFE | PFIZER INC | $231,354 | 0.03% | 9,130 | Common | SOLE |
| 65249B208 | NWS | NEWS CORP NEW | $229,415 | 0.03% | 7,554 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $229,080 | 0.03% | 1,328 | Common | SOLE |
| 380237107 | GDDY | GODADDY INC | $228,237 | 0.03% | 1,267 | Common | SOLE |
| 303250104 | FICO | FAIR ISAAC CORP | $224,988 | 0.03% | 122 | Common | SOLE |
| 35909R108 | ULCC | FRONTIER GROUP HLDGS INC | $224,066 | 0.03% | 51,628 | Common | SOLE |
| 668771108 | GEN | GEN DIGITAL INC | $223,838 | 0.03% | 8,434 | Common | SOLE |
| 052769106 | ADSK | AUTODESK INC | $223,577 | 0.03% | 854 | Common | SOLE |
| 01626W101 | ALIT | ALIGHT INC | $223,484 | 0.03% | 37,687 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $216,835 | 0.03% | 808 | Common | SOLE |
| 464286509 | EWC | ISHARES INC | $203,750 | 0.03% | 5,000 | Common | SOLE |
| 46435GAA0 | IBDR | ISHARES TR | $201,185 | 0.03% | 8,310 | Common | SOLE |
| 6706ER101 | XBXMX | NUVEEN S&P 500 BUY-WRITE INC | $131,200 | 0.02% | 10,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.