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Portfolio (Quarterly) Guide ↗

Global Endowment Management, LP

· CIK 0001512237
13F Portfolio $896.1B AUM 126 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 7 New 45 Added 26 Reduced 19 Exited
Page 1 of 2  ·  26 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 BND VANGUARD BD INDEX FDS 1,491,319.0 $109.8M 12.26% -388K -20.6% $73.64 -1.6%
2 BBRE J P MORGAN EXCHANGE TRADED F 436,557.0 $41.8M 4.66% -66K -13.1% $95.69 +8.7%
3 MSFT MICROSOFT CORP Technology 50,073.0 $18.5M 2.07% -604.0 -1.2% $370.16 +13.0%
4 AAXJ ISHARES TR 157,970.0 $15.2M 1.70% -7K -4.5% $96.29 +16.6%
5 TXO PARTNERS LP 333,822.0 $4.2M 0.47% -1.5M -82.1% $12.58
6 VNQ VANGUARD INDEX FDS 31,900.0 $2.8M 0.32% -6K -16.1% $88.71 +7.6%
7 LTPZ PIMCO ETF TR 20,000.0 $1.0M 0.11% -10K -33.3% $51.05 -2.3%
8 EWS ISHARES INC 30,000.0 $847K 0.10% -10K -25.0% $28.23 +3.8%
9 AVGO BROADCOM INC Technology 2,722.0 $842K 0.09% -924.0 -25.3% $309.33 +33.5%
10 ARGT GLOBAL X FDS 7,000.0 $653K 0.07% -3K -30.0% $93.29 -4.9%
11 GVI ISHARES TR 5,769.0 $615K 0.07% -99.0 -1.7% $106.60 -1.1%
12 SCHG SCHWAB STRATEGIC TR 18,368.0 $535K 0.06% -8K -29.6% $29.13 +16.6%
13 XLK SELECT SECTOR SPDR TR 4,000.0 $532K 0.06% -2K -33.3% $133.00 +30.8%
14 CACC CREDIT ACCEP CORP MICH Financial Services 1,249.0 $529K 0.06% -63.0 -4.8% $423.54 +30.4%
15 EWY ISHARES INC 4,000.0 $492K 0.06% -5K -55.6% $123.00 +44.7%
16 CVNA CARVANA CO Consumer Cyclical 1,509.0 $474K 0.05% -339.0 -18.3% $314.12 -80.2%
17 KRE SPDR SERIES TRUST 6,000.0 $391K 0.04% -2K -25.0% $65.17 +3.9%
18 GE GE AEROSPACE Industrials 1,349.0 $383K 0.04% -793.0 -37.0% $283.91 +1.0%
19 V VISA INC Financial Services 1,228.0 $371K 0.04% -721.0 -37.0% $302.12 +9.3%
20 SHYG ISHARES TR 8,276.0 $350K 0.04% -4K -35.2% $42.29 -0.3%
Page 1 of 2  ·  26 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 40.7%
Financial Services 31.6%
Communication Services 20.2%
Consumer Cyclical 3.6%
Healthcare 1.7%
Basic Materials 1.0%
Consumer Defensive 0.5%
Industrials 0.2%
Real Estate 0.2%
Utilities 0.2%