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Portfolio (Quarterly) Guide ↗

Global Endowment Management, LP

· CIK 0001512237
13F Portfolio $801M AUM Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 138 New
Page 2 of 7  ·  138 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 TIP ISHARES TR 74,381.0 $8.2M 1.02% NEW $109.91 +0.2%
22 DJP BARCLAYS BANK PLC Financial Services 151,240.0 $5.7M 0.71% NEW $37.61 +35.2%
23 GDX VANECK ETF TRUST 50,000.0 $4.3M 0.54% NEW $85.78 -1.9%
24 BERKSHIRE HATHAWAY INC DEL 7,925.0 $4.0M 0.50% NEW $502.59
25 SPDW SPDR INDEX SHS FDS 89,674.0 $4.0M 0.50% NEW $44.42 +10.7%
26 SPAB SPDR SERIES TRUST 148,581.0 $3.8M 0.48% NEW $25.75 -2.2%
27 CVLC MORGAN STANLEY ETF TRUST 42,101.0 $3.5M 0.44% NEW $84.25 +8.4%
28 JNK SPDR SERIES TRUST 35,550.0 $3.5M 0.43% NEW $97.22 -1.6%
29 VNQ VANGUARD INDEX FDS 38,000.0 $3.4M 0.42% NEW $88.50 +7.9%
30 SHY ISHARES TR 40,000.0 $3.3M 0.41% NEW $82.83 -0.9%
31 VEA VANGUARD TAX-MANAGED FDS 48,000.0 $3.0M 0.37% NEW $62.48 +10.6%
32 AMZN AMAZON COM INC Consumer Cyclical 12,478.0 $2.9M 0.36% NEW $230.81 +12.9%
33 BNDX VANGUARD CHARLOTTE FDS 56,764.0 $2.7M 0.34% NEW $48.32 -1.2%
34 VGIT VANGUARD SCOTTSDALE FDS 44,700.0 $2.7M 0.33% NEW $59.93 -2.4%
35 KWEB KRANESHARES TRUST 77,000.0 $2.6M 0.33% NEW $34.05 -17.8%
36 VGLT VANGUARD SCOTTSDALE FDS 46,770.0 $2.6M 0.33% NEW $55.81 -4.6%
37 IEI ISHARES TR 20,000.0 $2.4M 0.30% NEW $119.35 -2.2%
38 EAGG ISHARES TR 49,674.0 $2.4M 0.30% NEW $47.85 -2.2%
39 EWU ISHARES TR 50,000.0 $2.2M 0.27% NEW $43.98 +5.8%
40 HYG ISHARES TR 26,715.0 $2.2M 0.27% NEW $80.63 -1.5%
Page 2 of 7  ·  138 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 44.3%
Financial Services 27.8%
Communication Services 20.9%
Consumer Cyclical 3.6%
Healthcare 1.7%
Basic Materials 0.8%
Industrials 0.4%
Consumer Defensive 0.3%
Utilities 0.2%
Real Estate 0.1%