Fund Holdings

Global Endowment Management, LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
VANGUARD INTL EQUITY INDEX F329,1711,018,695+689,52446,433,000140,906,00015.72%+94,473,000
VANGUARD STAR FDS1,191,8401,439,639+247,79989,913,000111,011,00012.39%+21,098,000
ISHARES TR141,206334,661+193,45514,104,00033,222,0003.71%+19,118,000
VANGUARD INDEX FDS281,603334,452+52,84994,413,000107,296,00011.97%+12,883,000
SPDR INDEX SHS FDS
ST STR PO EX ETF
0105,046+105,04604,796,0000.54%+4,796,000
ISHARES TR158,940204,000+45,06014,923,00019,290,0002.15%+4,367,000
BARCLAYS BANK PLC(DJP)151,240198,685+47,4455,688,0009,565,0001.07%+3,877,000
ISHARES TR74,381100,485+26,1048,175,00011,089,0001.24%+2,914,000
SPDR INDEX SHS FDS
ST PORT MARK ETF
044,805+44,80502,102,0000.23%+2,102,000
VANGUARD INTL EQUITY INDEX F5,00025,000+20,000418,0002,061,0000.23%+1,643,000
WISDOMTREE TR(WT)010,000+10,00001,586,0000.18%+1,586,000
MORGAN STANLEY ETF TRUST
CALVERT US LARCP
42,10161,692+19,5913,547,0004,939,0000.55%+1,392,000
ISHARES INC
MSCI JAPAN ETF
112,581123,377+10,7969,091,00010,418,0001.16%+1,327,000
SPDR INDEX SHS FDS
ST STR EU 50 ETF
017,160+17,16001,065,0000.12%+1,065,000
SPROTT ASSET MANAGEMENT LP(PHYS)396,000396,000013,076,00014,034,0001.57%+958,000
ISHARES TR
ESG AWR US AGRGT
49,67468,254+18,5802,377,0003,245,0000.36%+868,000
INVESCO DB COMMDY INDX TRCK(DBC)87,86292,547+4,6851,965,0002,679,0000.30%+714,000
ALAMOS GOLD INC013,738+13,7380610,0000.07%+610,000
ISHARES TR07,500+7,5000600,0000.07%+600,000
SPDR SERIES TRUST
ST INTER BD ETF
20,23037,054+16,824684,0001,243,0000.14%+559,000
SPDR SERIES TRUST
ST STR AGGRE ETF
148,581170,255+21,6743,826,0004,362,0000.49%+536,000
FRANKLIN TEMPLETON ETF TR
FTSE SOUTH KOREA
29,00033,895+4,895929,0001,351,0000.15%+422,000
SOLSTICE ADVANCED MATLS INC(SOLS)04,368+4,3680333,0000.04%+333,000
DBX ETF TR10,00020,000+10,000329,000653,0000.07%+324,000
SPYRE THERAPEUTICS INC(SYRE)18,18418,1840596,000917,0000.10%+321,000
VANECK ETF TRUST
GOLD MINERS ETF
50,00050,00004,289,0004,589,0000.51%+300,000
ISHARES TR
0-5 YR TIPS ETF
02,817+2,8170291,0000.03%+291,000
CLEARWATER ANALYTICS HLDGS I011,093+11,0930262,0000.03%+262,000
LIBERTY MEDIA CORP DEL(FWONA)03,066+3,0660261,0000.03%+261,000
DARLING INGREDIENTS INC(DAR)9,2229,344+122332,000578,0000.06%+246,000
FIRST TR EXCHANGE-TRADED FD
NASDAQ CYB ETF
4,0008,000+4,000286,000501,0000.06%+215,000
COUPANG INC(CPNG)14,24027,185+12,945336,000513,0000.06%+177,000
VEEVA SYS INC(VEEV)1,3892,757+1,368310,000484,0000.05%+174,000
SCHWAB STRATEGIC TR363,887387,945+24,0589,792,0009,947,0001.11%+155,000
VANGUARD CHARLOTTE FDS
TOTAL INT BD ETF
56,76460,287+3,5232,743,0002,897,0000.32%+154,000
VANGUARD INTL EQUITY INDEX F298,000298,000016,020,00016,107,0001.80%+87,000
COGENT COMM HOLDINGS INC12,29718,442+6,145265,000347,0000.04%+82,000
ISHARES TR
MSCI UK ETF NEW
50,00050,00002,199,0002,278,0000.25%+79,000
APPFOLIO INC(APPF)1,6032,859+1,256373,000451,0000.05%+78,000
VANGUARD TAX-MANAGED FDS48,00048,00002,999,0003,076,0000.34%+77,000
HEALTHCARE RLTY TR(HR)11,84115,921+4,080201,000270,0000.03%+69,000
MATCH GROUP INC NEW(MTCH)6,5149,101+2,587210,000279,0000.03%+69,000
APOGEE THERAPEUTICS INC(APGE)7,7977,7970589,000656,0000.07%+67,000
ENSIGN GROUP INC(ENSG)2,2582,2580393,000455,0000.05%+62,000
ISHARES INC40,00040,00001,048,0001,110,0000.12%+62,000
TAIWAN SEMICONDUCTOR MANUFAC(TSM)1,4291,4290434,000483,0000.05%+49,000
SPDR SERIES TRUST
ST STR P500ETF
11,73112,914+1,183941,000988,0000.11%+47,000
AUTODESK INC7271,092+365215,000261,0000.03%+46,000
GLOBAL X FDS
GLOBAL X URANIUM
8,0008,0000342,000387,0000.04%+45,000
MERCADOLIBRE INC(MELI)192250+58387,000432,0000.05%+45,000
QORVO INC(QRVO)2,5223,338+816213,000258,0000.03%+45,000
SELECT SECTOR SPDR TR
ST STR INDL ETF
6,5006,50001,008,0001,051,0000.12%+43,000
KENVUE INC(KVUE)12,80714,952+2,145221,000258,0000.03%+37,000
KASPI KZ JSC(KSPI)6,0916,915+824476,000512,0000.06%+36,000
PG&E CORP(PCG)18,60218,865+263299,000331,0000.04%+32,000
EA SERIES TRUST
STRIVE US SEMICO
7,0007,0000480,000504,0000.06%+24,000
ISHARES INC3,0003,0000208,000226,0000.03%+18,000
BILL HOLDINGS INC4,7207,097+2,377257,000272,0000.03%+15,000
ISHARES INC30,00030,00001,617,0001,629,0000.18%+12,000
SALESFORCE INC(CRM)8991,339+440238,000250,0000.03%+12,000
AIR PRODUCTS AND CHEMICALS I1,1781,041-137291,000302,0000.03%+11,000
ISHARES INC5,0005,0000270,000274,0000.03%+4,000
ISHARES TR1,1401,1400245,000249,0000.03%+4,000
ENOVA INTL INC(ENVA)2,4122,811+399379,000382,0000.04%+3,000
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
5,0005,0000958,000960,0000.11%+2,000
PIMCO MUN INCOME FD II64,35264,3520485,000487,0000.05%+2,000
NYLI MACKAY DEFINEDTERM MUNI30,00030,0000446,000446,0000.05%0
GEN DIGITAL INC(GEN)8,42011,715+3,295229,000221,0000.02%-8,000
ISHARES INC14,00014,0000566,000557,0000.06%-9,000
ISHARES INC
MSCI ITALY ETF
10,00010,0000543,000534,0000.06%-9,000
ISHARES INC8,0008,0000480,000470,0000.05%-10,000
ISHARES TR40,00040,00003,313,0003,303,0000.37%-10,000
ISHARES TR20,00020,00002,387,0002,372,0000.26%-15,000
ISHARES TR5,8685,769-99630,000615,0000.07%-15,000
ROUNDHILL ETF TRUST
HUMAN ROBOT ETF
9,7609,7600291,000275,0000.03%-16,000
CRH PLC
ORD
3,8464,311+465480,000453,0000.05%-27,000
CROCS INC(CROX)10,91510,9150933,000906,0000.10%-27,000
ISHARES TR26,71526,71502,154,0002,125,0000.24%-29,000
VANECK ETF TRUST
FALLEN ANGEL HG
50,00050,00001,468,0001,436,0000.16%-32,000
ISHARES TR14,00014,0000536,000503,0000.06%-33,000
GMO ETF TRUST
US QUALITY ETF
16,00016,0000615,000579,0000.06%-36,000
LOUISIANA PAC CORP(LPX)5,2015,2010420,000378,0000.04%-42,000
HUMANA INC(HUM)1,2181,499+281312,000260,0000.03%-52,000
CREDIT ACCEP CORP MICH(CACC)1,3121,249-63582,000529,0000.06%-53,000
SPDR SERIES TRUST
ST BLOO HIGH ETF
35,55035,55003,456,0003,403,0000.38%-53,000
SELECT SECTOR SPDR TR
ST STR SVC ETF
8,0008,0000942,000887,0000.10%-55,000
INVESCO EXCH TRADED FD TR II10,00010,0000520,000460,0000.05%-60,000
GOLUB CAP BDC INC(GBDC)70,00070,0000950,000886,0000.10%-64,000
ILLUMINA INC(ILMN)2,5092,137-372329,000263,0000.03%-66,000
ISHARES TR
MSCI IRELAND ETF
15,00015,00001,103,0001,033,0000.12%-70,000
PDD HOLDINGS INC(PDD)6,3586,3580721,000650,0000.07%-71,000
ISHARES INC33,50033,50001,424,0001,329,0000.15%-95,000
WARNER BROS DISCOVERY INC(WBD)13,55610,643-2,913391,000292,0000.03%-99,000
ISHARES TR
MSCI INDIA ETF
15,50015,5000838,000726,0000.08%-112,000
SOTERA HEALTH CO(SHC)19,46816,024-3,444343,000230,0000.03%-113,000
SPDR SERIES TRUST
ST STR SP REGBNK
8,0006,000-2,000518,000391,0000.04%-127,000
ISHARES BITCOIN TRUST ETF(IBIT)11,54111,5410573,000443,0000.05%-130,000
SPDR SERIES TRUST
ST LONG BD ETF
18,08010,442-7,638409,000232,0000.03%-177,000
ALIGHT INC(ALIT)93,9800-93,980183,0000-183,000
BERKSHIRE HATHAWAY INC DEL7,9257,92503,983,0003,798,0000.42%-185,000
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