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Portfolio (Quarterly) Guide ↗

Global Endowment Management, LP

· CIK 0001512237
13F Portfolio $896M AUM 126 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 7 New 45 Added 26 Reduced 19 Exited
Page 5 of 7  ·  126 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 CIBR FIRST TR EXCHANGE-TRADED FD 8,000.0 $501K 0.06% +4K +100.0% $62.62 +28.4%
82 EWY ISHARES INC 4,000.0 $492K 0.06% -5K -55.6% $123.00 +41.5%
83 PML PIMCO MUN INCOME FD II Financial Services 64,352.0 $487K 0.05% $7.57 -3.4%
84 VEEV VEEVA SYS INC Healthcare 2,757.0 $484K 0.05% +1K +98.5% $175.55 -6.7%
85 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 1,429.0 $483K 0.05% $338.00 +17.1%
86 CVNA CARVANA CO Consumer Cyclical 1,509.0 $474K 0.05% -339.0 -18.3% $314.12 -79.0%
87 EWL ISHARES INC 8,000.0 $470K 0.05% $58.75 +4.9%
88 CQQQ INVESCO EXCH TRADED FD TR II 10,000.0 $460K 0.05% $46.00 +14.7%
89 ENSG ENSIGN GROUP INC Healthcare 2,258.0 $455K 0.05% $201.51 -12.3%
90 CRH PLC 4,311.0 $453K 0.05% +465.0 +12.1% $105.08
91 APPF APPFOLIO INC Technology 2,859.0 $451K 0.05% +1K +78.3% $157.75 +1.3%
92 MMD NYLI MACKAY DEFINEDTERM MUNI Financial Services 30,000.0 $446K 0.05% $14.87 +0.7%
93 IBIT ISHARES BITCOIN TRUST ETF Financial Services 11,541.0 $443K 0.05% $38.38 +13.3%
94 MELI MERCADOLIBRE INC Consumer Cyclical 250.0 $432K 0.05% +58.0 +30.2% $1728.00 -8.2%
95 KRE SPDR SERIES TRUST 6,000.0 $391K 0.04% -2K -25.0% $65.17 +3.7%
96 URA GLOBAL X FDS 8,000.0 $387K 0.04% $48.38 -2.4%
97 GE GE AEROSPACE Industrials 1,349.0 $383K 0.04% -793.0 -37.0% $283.91 +0.7%
98 ENVA ENOVA INTL INC Financial Services 2,811.0 $382K 0.04% +399.0 +16.5% $135.89 +21.6%
99 LPX LOUISIANA PAC CORP Basic Materials 5,201.0 $378K 0.04% $72.68 -3.1%
100 V VISA INC Financial Services 1,228.0 $371K 0.04% -721.0 -37.0% $302.12 +10.1%
Page 5 of 7  ·  126 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%