Global Endowment Management, LP
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Global Endowment Management, LP reported 72 stock positions worth $986.5 million. Its top holding was Vanguard Tot World STK ETF (VT) at 21.2% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 11.9%) and Vanguard Total Bond Market (BND, 10.9%). Compared with Q1 2026, it opened 6 new positions, sold out of 60, added to 23 and reduced 24. The biggest buy was Vanguard Tot World STK ETF (VT, shares +31%) and the biggest sale Vanguard Total Intl Stock (VXUS, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001512237
- Portfolio Value
- $986.5M (Q2 2026)
- SEC Filing
- 0001512237-26-000004 ↗ filed Aug 14, 2026
Holdings Value
Holdings 72 stocks · $986.5M
| VT Vanguard Tot World STK ETF | 21.18% | 1,331,484 | $209.0M | Add +30.7% |
| VTI VG Morningstar TS MKT ETF-US | 11.90% | 317,307 | $117.4M | Reduce -5.1% |
| BND Vanguard Total Bond Market | 10.89% | 1,463,086 | $107.4M | Reduce -1.9% |
| VXUS Vanguard Total Intl Stock | 10.55% | 1,217,344 | $104.1M | Reduce -15.4% |
| BBRE JPM Betabldrs MSCI US REIT filed as J P MORGAN EXCHANGE TRADED F | 4.65% | 427,282 | $45.8M | Reduce -2.1% |
| AGG iShares Core U.S. Aggregate | 3.64% | 362,472 | $35.9M | Add +8.3% |
| GOOGL Alphabet Inc. Class A | 3.62% | 100,042 | $35.8M | No change |
| NVDA Nvidia Corp. | 2.53% | 124,579 | $24.9M | No change |
| AAPL Apple Inc. | 2.19% | 74,820 | $21.6M | Reduce -5.6% |
| IYR iShares US Real Estate ETF | 2.11% | 204,000 | $20.9M | No change |
| MSFT Microsoft Corp. | 1.86% | 49,241 | $18.4M | Reduce -1.7% |
| AAXJ iShares MSCI All Country Asi | 1.81% | 150,034 | $17.9M | Reduce -5.0% |
| VOO Vanguard S&P 500 ETF | 1.81% | 26,062 | $17.9M | Add +3.1% |
| VWO Vanguard Ftse Emerging Marke | 1.80% | 298,000 | $17.8M | No change |
| DAR Darling Ingredients Inc. | 1.45% | 261,500 | $14.3M | Add +2698.6% |
| SCHX Schwab US Large-Cap ETF | 1.39% | 465,798 | $13.7M | Add +20.1% |
| TIP iShares Tips Bond ETF | 1.22% | 109,883 | $12.0M | Add +9.3% |
| PHYS Sprott Physical Gold Trust | 1.21% | 396,000 | $11.9M | No change |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 1.13% | 254,683 | $11.1M | Add +28.2% |
| EWJ iShares MSCI Japan ETF | 1.11% | 116,963 | $10.9M | Reduce -5.2% |
| TPB Turning Point Brands Inc. | 1.09% | 126,808 | $10.8M | New |
| EWY iShares MSCI South Korea ETF | 1.04% | 50,923 | $10.3M | Add +1173.1% |
| VTG Vanguard Total Treasury ETF | 1.02% | 133,210 | $10.0M | New |
| CVLC Calvert US L-C CR Resp Index | 0.73% | 76,392 | $7.2M | Add +23.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.61% | 119,538 | $6.0M | Add +13.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 7,500 | $5.6M | Reduce -74.9% |
| EAGG iShares ESG Aware US Aggrega | 0.45% | 93,604 | $4.4M | Add +37.1% |
| JNK SS SPDR BB High Yield Bond | 0.39% | 40,340 | $3.9M | Add +13.5% |
| SPAB SS SPDR P Agg Bond ETF | 0.39% | 148,926 | $3.8M | Reduce -12.5% |
| GDX Vaneck Gold Miners ETF | 0.31% | 40,000 | $3.0M | Reduce -20.0% |
| DBC Invesco DB Commodity Index T | 0.29% | 107,752 | $2.9M | Add +16.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.27% | 33,266 | $2.7M | Add +24.5% |
| SPEM State Street SP PTF Em ETF | 0.27% | 51,206 | $2.7M | Add +14.3% |
| FLKR Franklin Ftse South Korea | 0.22% | 33,565 | $2.2M | Reduce -1.0% |
| SPHY SS SPDR P High Yield ETF | 0.22% | 94,519 | $2.2M | New |
| VGK Vanguard Ftse Europe ETF | 0.22% | 25,000 | $2.2M | No change |
| KWEB Kranesh Csi China Internet | 0.22% | 90,000 | $2.2M | Add +16.9% |
| CCOI Cogent Communications Holdin | 0.22% | 158,582 | $2.2M | Add +759.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.22% | 24,926 | $2.2M | Add +93.0% |
| VEA Vanguard Ftse Developed ETF | 0.22% | 30,000 | $2.1M | Reduce -37.5% |
| SPIB SS SPDR P Int C Corp. ETF | 0.18% | 54,077 | $1.8M | Add +45.9% |
| DXJ Wisdomtree Japan Hedged Eq | 0.18% | 10,000 | $1.7M | No change |
| EWU iShares MSCI United Kingdom | 0.17% | 37,000 | $1.7M | Reduce -26.0% |
| AMZN Amazon.com Inc. | 0.17% | 6,896 | $1.6M | Reduce -45.5% |
| ANGL Vaneck Fallen Angel High YLD | 0.15% | 50,000 | $1.5M | No change |
| EWT iShares MSCI Taiwan ETF | 0.14% | 13,000 | $1.4M | New |
| VNQ Vanguard Real Estate ETF | 0.13% | 13,000 | $1.3M | Reduce -59.3% |
| EWP iShares MSCI Spain ETF | 0.12% | 20,000 | $1.2M | Reduce -33.3% |
| FEZ State Street SPDR Euro Stoxx | 0.12% | 17,160 | $1.2M | No change |
| EWC iShares MSCI Canada ETF | 0.12% | 20,000 | $1.2M | Add +300.0% |
| EWA iShares MSCI Australia ETF | 0.11% | 40,000 | $1.1M | No change |
| SYRE Spyre Therapeutics Inc. | 0.11% | 12,123 | $1.1M | Reduce -33.3% |
| AVGO Broadcom Inc. | 0.10% | 2,722 | $1.0M | No change |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.10% | 20,000 | $1.0M | No change |
| META Meta Platforms Inc. Class A | 0.10% | 1,785 | $1.0M | Reduce -46.4% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.10% | 26,000 | $953K | Add +30.0% |
| EWS iShares MSCI Singapore ETF | 0.09% | 30,000 | $888K | No change |
| SHOC Shoc US Semicon Equity ETF | 0.09% | 7,000 | $854K | No change |
| GVI iShares Intermediate Governm | 0.07% | 6,872 | $729K | Add +19.1% |
| QLTY GMO U.S. Quality ETF | 0.07% | 16,000 | $666K | No change |
| STIP iShares 0-5 Year Tips Bond E | 0.06% | 6,151 | $628K | Add +118.3% |
| CQQQ Invesco China Technology ETF | 0.06% | 10,000 | $570K | No change |
| ARGT Global X MSCI Argentina ETF | 0.06% | 6,000 | $548K | Reduce -14.3% |
| SCHG Schwab US Large-Cap Growth | 0.05% | 14,654 | $496K | Reduce -20.2% |
| PML PIMCO Municipal Income FD II | 0.05% | 64,352 | $490K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.05% | 3,000 | $463K | New |
| MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI | 0.04% | 26,413 | $409K | Reduce -12.0% |
| URA Global X Uranium ETF | 0.04% | 8,000 | $350K | No change |
| PFIX Simplify Interest Rate Hedge | 0.04% | 8,000 | $347K | New |
| HUMN Roundhill Humanoid Robotics | 0.03% | 9,760 | $344K | No change |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.03% | 7,459 | $316K | Reduce -9.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.03% | 3,842 | $315K | Reduce -90.4% |
Portfolio Sells Q1 2026 → Q2 2026
| VXUS Vanguard Total Intl Stock | Reduce -15.4% | 10.55% | −1.84 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -74.9% | 0.57% | −1.60 |
| BND Vanguard Total Bond Market | Reduce -1.9% | 10.89% | −1.37 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −1.01 |
| TXO Txo Partners LP | Sold out | 0.00% | −0.47 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.42 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -90.4% | 0.03% | −0.34 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.32 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.26 |
| MSFT Microsoft Corp. | Reduce -1.7% | 1.86% | −0.21 |
| GDX Vaneck Gold Miners ETF | Reduce -20.0% | 0.31% | −0.21 |
| VNQ Vanguard Real Estate ETF | Reduce -59.3% | 0.13% | −0.19 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -45.5% | 0.17% | −0.13 |
| VEA Vanguard Ftse Developed ETF | Reduce -37.5% | 0.22% | −0.13 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.12 |
| EIRL iShares MSCI Ireland ETF | Sold out | 0.00% | −0.12 |
| META Meta Platforms Inc. Class A | Reduce -46.4% | 0.10% | −0.11 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.11 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -12.5% | 0.39% | −0.10 |
| CROX Crocs Inc. | Sold out | 0.00% | −0.10 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.10 |
| GBDC Golub Capital BDC Inc. | Sold out | 0.00% | −0.10 |
| EWU iShares MSCI United Kingdom | Reduce -26.0% | 0.17% | −0.08 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.08 |
| APGE Apogee Therapeutics Inc. | Sold out | 0.00% | −0.07 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.1% | 11.90% | −0.07 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.07 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.07 |
| ECH iShares MSCI Chile ETF | Sold out | 0.00% | −0.06 |
| EWP iShares MSCI Spain ETF | Reduce -33.3% | 0.12% | −0.06 |
| EWI iShares MSCI Italy ETF | Sold out | 0.00% | −0.06 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.06 |
| CACC Credit Acceptance Corp. | Sold out | 0.00% | −0.06 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.06 |
| KSPI JSC Kaspi.kz ADR | Sold out | 0.00% | −0.06 |
| EWJ iShares MSCI Japan ETF | Reduce -5.2% | 1.11% | −0.06 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.06 |
| CIBR First Trust Nasdaq Cybersecu | Sold out | 0.00% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.05 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.05 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.05 |
| EWL iShares MSCI Switzerland ETF | Sold out | 0.00% | −0.05 |
| ENSG The Ensign Group Inc. | Sold out | 0.00% | −0.05 |
| CRH CRH PLC | Sold out | 0.00% | −0.05 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.05 |
| AAPL Apple Inc. | Reduce -5.6% | 2.19% | −0.05 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.05 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q1 2026 → Q2 2026
| VT Vanguard Tot World STK ETF | Add +30.7% | 21.18% | +5.46 |
| DAR Darling Ingredients Inc. | Add +2698.6% | 1.45% | +1.38 |
| TPB Turning Point Brands Inc. | New | 1.09% | +1.09 |
| VTG Vanguard Total Treasury ETF | New | 1.02% | +1.02 |
| EWY iShares MSCI South Korea ETF | Add +1173.1% | 1.04% | +0.99 |
| SCHX Schwab US Large-Cap ETF | Add +20.1% | 1.39% | +0.28 |
| SPHY SS SPDR P High Yield ETF | New | 0.22% | +0.22 |
| CCOI Cogent Communications Holdin | Add +759.9% | 0.22% | +0.18 |
| CVLC Calvert US L-C CR Resp Index | Add +23.8% | 0.73% | +0.18 |
| EWT iShares MSCI Taiwan ETF | New | 0.14% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 1.81% | +0.13 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +93.0% | 0.22% | +0.11 |
| EAGG iShares ESG Aware US Aggrega | Add +37.1% | 0.45% | +0.09 |
| EWC iShares MSCI Canada ETF | Add +300.0% | 0.12% | +0.09 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +13.8% | 0.61% | +0.08 |
| DJP Ipath Bloomberg Commodity Inc. | Add +28.2% | 1.13% | +0.06 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.05% | +0.05 |
| SPIB SS SPDR P Int C Corp. ETF | Add +45.9% | 0.18% | +0.04 |
| PFIX Simplify Interest Rate Hedge | New | 0.04% | +0.04 |
| SPEM State Street SP PTF Em ETF | Add +14.3% | 0.27% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +24.5% | 0.27% | +0.03 |
| STIP iShares 0-5 Year Tips Bond E | Add +118.3% | 0.06% | +0.03 |
| ASHR Xtrackers Harvest Csi 300 CH | Add +30.0% | 0.10% | +0.02 |
| JNK SS SPDR BB High Yield Bond | Add +13.5% | 0.39% | +0.01 |
| GVI iShares Intermediate Governm | Add +19.1% | 0.07% | +0.01 |
| DBC Invesco DB Commodity Index T | Add +16.4% | 0.29% | −0.01 |
| TIP iShares Tips Bond ETF | Add +9.3% | 1.22% | −0.02 |
| KWEB Kranesh Csi China Internet | Add +16.9% | 0.22% | −0.02 |
| AGG iShares Core U.S. Aggregate | Add +8.3% | 3.64% | −0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 72 | $986.5M | VT, VTI, BND, VXUS, BBRE |
| Q1 2026 | 126 | $896.1M | VT, VXUS, BND, VTI, BBRE |
| Q4 2025 | 138 | $801.1M | BND, VTI, VXUS, BBRE, VT |
| Q3 2025 | 128 | $798.6M | BND, VTI, VXUS, VT, TXO |
| Q2 2025 | 128 | $751.2M | BND, VTI, VXUS, SPY, VT |
| Q1 2025 | 142 | $769.3M | BND, VTI, VXUS, BBRE, SPY |
| Q4 2024 | 140 | $781.8M | BND, VTI, VXUS, BBRE, TXO |
| Q3 2024 | 131 | $990.2M | BND, VXUS, VTI, BBRE, TXO |
| Q2 2024 | 122 | $944.9M | BND, VXUS, VTI, BBRE, SPY |
| Q1 2024 | 128 | $959.8M | BND, VXUS, VTI, BBRE, SPY |