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Global Endowment Management, LP — 13F Holdings & Portfolio

CIK 1512237 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Global Endowment Management, LP manages $986.5M in 13F-reported U.S. long-equity assets across 72 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VT (21.18%), VTI (11.90%), BND (10.89%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 60, added to 40, and trimmed 17.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
224 W TREMONT AVE
CHARLOTTE, NC 28203
Phone
(704) 333-8282
Filing Manager
Global Endowment Management, LP
CHARLOTTE, NC
Signatory
Michael D. Smith
Chief Investment Officer
Loading holdings…
AUM

$986.5M

Long-equity book

Holdings

72

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+6 / −60 / ↑40 / ↓17

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VANGUARD INTL EQUITY INDEX F$68.1M +48.3%
  • DARLING INGREDIENTS INC$13.7M +2371.1%
  • VANGUARD INDEX FDS$10.1M +9.4%
  • ISHARES INC$9.8M +1989.8%
  • ALPHABET INC$7.0M +24.3%
Show all 40 →

Top Trims

  • STATE STR SPDR S&P 500 ETF T-$13.8M -71.1%
  • VANGUARD STAR FDS-$6.9M -6.3%
  • ISHARES TR-$3.0M -90.5%
  • SPROTT ASSET MANAGEMENT LP-$2.1M -14.9%
  • VANGUARD INDEX FDS-$1.6M -55.7%
Show all 17 →

New Positions

  • TURNING PT BRANDS INC$10.8M
  • VANGUARD MALVERN FDS$10.0M
  • SPDR SERIES TRUST$2.2M
  • ISHARES INC$1.4M
  • SPDR SERIES TRUST$463.0K
Show all 6 →

Exited Positions

  • SELECT SECTOR SPDR TR$9.0M
  • TXO PARTNERS LP$4.2M
  • BERKSHIRE HATHAWAY INC DEL$3.8M
  • VANGUARD CHARLOTTE FDS$2.9M
  • ISHARES TR$2.4M
Show all 60 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INTL EQUITY INDEX F VT 922042742 $209.0M 21.18% 1,331,484 SH
2 VANGUARD INDEX FDS VTI 922908769 $117.4M 11.90% 317,307 SH
3 VANGUARD BD INDEX FDS BND 921937835 $107.4M 10.89% 1,463,086 SH
4 VANGUARD STAR FDS VXUS 921909768 $104.1M 10.55% 1,217,344 SH
5 J P MORGAN EXCHANGE TRADED F BBRE 46641Q738 $45.8M 4.65% 427,282 SH
6 ISHARES TR AGG 464287226 $35.9M 3.64% 362,472 SH
7 ALPHABET INC GOOGL 02079K305 $35.8M 3.62% 100,042 SH
8 NVIDIA CORPORATION NVDA 67066G104 $24.9M 2.53% 124,579 SH
9 APPLE INC AAPL 037833100 $21.6M 2.19% 74,820 SH
10 ISHARES TR IYR 464287739 $20.9M 2.11% 204,000 SH
11 MICROSOFT CORP MSFT 594918104 $18.4M 1.86% 49,241 SH
12 ISHARES TR AAXJ 464288182 $17.9M 1.81% 150,034 SH
13 VANGUARD INDEX FDS VOO 922908363 $17.9M 1.81% 26,062 SH
14 VANGUARD INTL EQUITY INDEX F VWO 922042858 $17.8M 1.80% 298,000 SH
15 DARLING INGREDIENTS INC DAR 237266101 $14.3M 1.45% 261,500 SH
16 SCHWAB STRATEGIC TR SCHX 808524201 $13.7M 1.39% 465,798 SH
17 ISHARES TR TIP 464287176 $12.0M 1.22% 109,883 SH
18 SPROTT ASSET MANAGEMENT LP PHYS 85207H104 $11.9M 1.21% 396,000 SH
19 BARCLAYS BANK PLC DJP 06738C778 $11.1M 1.13% 254,683 SH
20 ISHARES INC EWJ 46434G822 $10.9M 1.11% 116,963 SH
21 TURNING PT BRANDS INC TPB 90041L105 $10.8M 1.09% 126,808 SH
22 ISHARES INC EWY 464286772 $10.3M 1.04% 50,923 SH
23 VANGUARD MALVERN FDS VTG 922020680 $10.0M 1.02% 133,210 SH
24 MORGAN STANLEY ETF TRUST CVLC 61774R205 $7.2M 0.73% 76,392 SH
25 SPDR INDEX SHS FDS SPDW 78463X889 $6.0M 0.61% 119,538 SH
26 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.6M 0.57% 7,500 SH
27 ISHARES TR EAGG 46435U549 $4.4M 0.45% 93,604 SH
28 SPDR SERIES TRUST JNK 78468R622 $3.9M 0.39% 40,340 SH
29 SPDR SERIES TRUST SPAB 78464A649 $3.8M 0.39% 148,926 SH
30 VANECK ETF TRUST GDX 92189F106 $3.0M 0.31% 40,000 SH
31 INVESCO DB COMMDY INDX TRCK DBC 46138B103 $2.9M 0.29% 107,752 SH
32 ISHARES TR HYG 464288513 $2.7M 0.27% 33,266 SH
33 SPDR INDEX SHS FDS SPEM 78463X509 $2.7M 0.27% 51,206 SH
34 FRANKLIN TEMPLETON ETF TR FLKR 35473P710 $2.2M 0.22% 33,565 SH
35 SPDR SERIES TRUST SPHY 78468R606 $2.2M 0.22% 94,519 SH
36 VANGUARD INTL EQUITY INDEX F VGK 922042874 $2.2M 0.22% 25,000 SH
37 KRANESHARES TRUST KWEB 500767306 $2.2M 0.22% 90,000 SH
38 COGENT COMM HOLDINGS INC CCOI 19239V302 $2.2M 0.22% 158,582 SH
39 SPDR SERIES TRUST SPYM 78464A854 $2.2M 0.22% 24,926 SH
40 VANGUARD TAX-MANAGED FDS VEA 921943858 $2.1M 0.22% 30,000 SH
41 SPDR SERIES TRUST SPIB 78464A375 $1.8M 0.18% 54,077 SH
42 WISDOMTREE TR DXJ 97717W851 $1.7M 0.18% 10,000 SH
43 ISHARES TR EWU 46435G334 $1.7M 0.17% 37,000 SH
44 AMAZON COM INC AMZN 023135106 $1.6M 0.17% 6,896 SH
45 VANECK ETF TRUST ANGL 92189F437 $1.5M 0.15% 50,000 SH
46 ISHARES INC EWT 46434G772 $1.4M 0.14% 13,000 SH
47 VANGUARD INDEX FDS VNQ 922908553 $1.3M 0.13% 13,000 SH
48 ISHARES INC EWP 464286764 $1.2M 0.12% 20,000 SH
49 SPDR INDEX SHS FDS FEZ 78463X202 $1.2M 0.12% 17,160 SH
50 ISHARES INC EWC 464286509 $1.2M 0.12% 20,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $986.5M 72 0001512237-26-000004
2026-03-31 2026-05-14 $896.1M 126 0001512237-26-000003
2025-12-31 2026-02-13 $801.1M 138 0001512237-26-000002
2025-09-30 2025-11-13 $798.6M 128 0001512237-25-000007