Data as of Q4 2025 (Dec 31, 2025)

Global Endowment Management, LP

โ€ขCIK: 1512237โ€ขFiling: Q4 2025

**Global Endowment Management, LP** manages $801M across a diversified portfolio of 138 positions. The fund maintains significant core allocations, notably in BND ($139.2M), VTI ($94.4M), and VXUS ($89.9M). Technology exposure is evident with top holdings including GOOGL ($31.3M), MSFT ($24.5M), and NVDA ($23.2M). This structure suggests a balanced approach blending fixed income stability with substantial growth tilts toward global equities and mega-cap technology leaders.

Total AUM
$801.1M
QoQ Performance
+0.3%
Positions
92
Top 10 Concentration
67.0%
Latest Filing
Q4 2025

Top Holdings Allocation

BND
VTI
VXUS
BBRE
VT
BND17.4%
VTI11.8%
VXUS11.2%
BBRE5.8%
VT5.8%
GOOGL3.9%
MSFT3.1%
NVDA2.9%

๐Ÿ“ˆ Biggest Buys

BBRE
J P MORGAN EXCHANGE TRADED F
+32.9%
5.8% of portfolio
SPY
SPDR S&P 500 ETF TR
+23.7%
2.5% of portfolio
EWJ
ISHARES INC
+31.4%
1.1% of portfolio
IYR
ISHARES TR
+16.8%
1.9% of portfolio
VT
VANGUARD INTL EQUITY INDEX F
+4.6%
5.8% of portfolio

๐Ÿ“‰ Biggest Sells

TXO
TXO PARTNERS LP
-30.4%
2.5% of portfolio
VTI
VANGUARD INDEX FDS
-8.3%
11.8% of portfolio
BND
VANGUARD BD INDEX FDS
-3.0%
17.4% of portfolio
META
META PLATFORMS INC
-58.7%
0.3% of portfolio
AMZN
AMAZON COM INC
-44.2%
0.4% of portfolio

Sector Breakdown

Other81.4%
Technology13.0%
ETF4.4%
Financial0.6%
Consumer0.4%
Materials0.1%
Industrial0.1%
Healthcare0.0%

๐Ÿšช Exited Positionssold since Q3 2025

GQ9
SPDR GOLD TR
SOLD
$3.9M
COF
CAPITAL ONE FINL CORP
SOLD
$479.2K
FERG
FERGUSON ENTERPRISES INC
SOLD
$455.2K
FICO
FAIR ISAAC CORP
SOLD
$347.2K

Changes from Q3 2025

NEW14 new positions
โ†‘33 increased
โ†“51 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023