Global Endowment Management, LP

Endowment

CIK

1512237

Location

CHARLOTTE, NC

Portfolio Value

Small $156,013,937

Diversification

Diversified

Filing Date

Global Rank

#4,741 / 8,603 ▼ 288 · as of Mar 2026

Top Industry

Internet Content & Information 23.2%

3Y Alpha vs SPY

-2.9%

Period ended 3 months ago

Filed May 14, 2026 · 56d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+61.6%

SPY

+76.0%

Annualised alpha

-3.4%

Max drawdown

−20.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

54 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

18.4%

+1.8 pts

Top 5

69.6%

+5.6 pts

Top 10

87.1%

+0.2 pts

HHI

1,101

Diversified+89

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	41.1%	$64,190,296	13
Communication Services	20.2%	$31,590,747	5
Unclassified	14.4%	$22,529,435	3
Financial Services	13.5%	$21,109,853	9
Consumer Cyclical	3.4%	$5,230,824	6
Energy	2.7%	$4,199,480	1
Healthcare	2.1%	$3,265,855	7
Basic Materials	1.1%	$1,698,617	4
Consumer Defensive	0.5%	$835,698	2
Industrials	0.5%	$761,177	2
Utilities	0.2%	$331,458	1
Real Estate	0.2%	$270,497	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
CPNG	Coupang, Inc.	+12,945	27,185	$513,252
CCOI	Cogent Communications Holdings, Inc.	+6,145	18,442	$347,447
DBC	Invesco DB Commodity Index Tracking Fund	+4,685	92,547	$2,679,235
HR	Healthcare Realty Trust Inc	+4,080	15,921	$270,497
GEN	Gen Digital Inc.	+3,295	11,715	$220,593
MTCH	Match Group, Inc.	+2,587	9,101	$279,491
BILL	BILL Holdings, Inc.	+2,377	7,097	$271,815
KVUE	Kenvue Inc.	+2,145	14,952	$257,772
VEEV	Veeva Systems Inc	+1,368	2,757	$484,294
APPF	Appfolio Inc	+1,256	2,859	$451,207
SPY	Spdr S&P 500 ETF Trust	+989	29,841	$19,406,795
KSPI	Joint Stock Co Kaspi.kz	+824	6,915	$512,194
QRVO	Qorvo, Inc.	+816	3,338	$258,361
CRH	Crh Public Ltd Co	+465	4,311	$453,172
CRM	Salesforce, Inc.	+440	1,339	$249,951
ENVA	Enova International, Inc.	+399	2,811	$381,818
ADSK	Autodesk, Inc.	+365	1,092	$261,424
HUM	Humana Inc	+281	1,499	$259,911
PCG	PG&E Corp	+263	18,865	$331,458
AMZN	Amazon Com Inc	+172	12,650	$2,634,615
META	Meta Platforms, Inc.	+150	3,327	$1,903,476
DAR	Darling Ingredients Inc.	+122	9,344	$577,926
MELI	Mercadolibre Inc	+58	250	$432,255
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
TXO	TXO Partners, L.P.	−1,534,476	333,822	$4,199,480
HTGC	Hercules Capital, Inc.	−8,000	12,000	$177,240
SHC	Sotera Health Co	−3,444	16,024	$229,784
WBD	Warner Bros. Discovery, Inc.	−2,913	10,643	$292,256
AVGO	Broadcom Inc.	−924	2,722	$842,486
GE	General Electric Co	−793	1,349	$382,805
V	Visa Inc.	−721	1,228	$371,150
MSFT	Microsoft Corp	−604	50,073	$18,535,522
ILMN	Illumina, Inc.	−372	2,137	$263,406
CVNA	Carvana Co.	−339	1,509	$94,879
APD	Air Products & Chemicals, Inc.	−137	1,041	$302,400
CACC	Credit Acceptance Corp	−63	1,249	$528,901
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
AGI	Alamos Gold Inc	13,738	$610,379
SOLS	Solstice Advanced Materials Inc.	4,368	$332,666
CWAN	Clearwater Analytics Holdings, Inc.	11,093	$262,349
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
ALIT	Alight, Inc. / Delaware	93,980	$3,665,220
RGLD	Royal Gold Inc	2,475	$550,167
PPLI	People Inc	9,088	$355,340
USO	United States Oil Fund, LP	5,000	$345,800
NWSA	News Corp	11,280	$294,633
ICE	Intercontinental Exchange, Inc.	1,635	$264,804
MCO	Moodys Corp /De/	499	$254,914
INTU	Intuit Inc.	379	$251,057
MRSH	Marsh & Mclennan Companies, Inc.	1,352	$250,823
WAT	Waters Corp /De/	655	$248,788
FLUT	Flutter Entertainment plc	1,094	$235,253
BDX	Becton Dickinson & Co	1,218	$185,831
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

54 positions · $156,013,937 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 54 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Held	100,042	0	$28,768,077	−8.1%	18.44%
NVDA	Nvidia Corp Technology	Held	124,579	0	$21,726,577	−6.5%	13.93%
AAPL	Apple Inc. Technology	Held	79,258	0	$20,114,887	−6.6%	12.89%
SPY	Spdr S&P 500 ETF Trust	Added	29,841	+989	$19,406,795	−1.4%	12.44%
MSFT	Microsoft Corp Technology	Reduced	50,073	-604	$18,535,522	−24.4%	11.88%
PHYS	Sprott Physical Gold Trust Financial Services	Held	396,000	0	$14,034,240	+7.3%	9.00%
TXO	TXO Partners, L.P. Energy	Reduced	333,822	-1,534,476	$4,199,480	−78.9%	2.69%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	7,925	0	$3,797,660	−4.7%	2.43%
DBC	Invesco DB Commodity Index Tracking Fund	Added	92,547	+4,685	$2,679,235	+36.4%	1.72%
AMZN	Amazon Com Inc Consumer Cyclical	Added	12,650	+172	$2,634,615	−8.5%	1.69%
META	Meta Platforms, Inc. Communication Services	Added	3,327	+150	$1,903,476	−9.2%	1.22%
SYRE	Spyre Therapeutics, Inc. Healthcare	Held	18,184	0	$917,200	+54.0%	0.59%
CROX	Crocs, Inc. Consumer Cyclical	Held	10,915	0	$906,163	−2.9%	0.58%
GBDC	GOLUB CAPITAL BDC, Inc. Financial Services	Held	70,000	0	$886,200	−6.7%	0.57%
AVGO	Broadcom Inc. Technology	Reduced	2,722	-924	$842,486	−33.2%	0.54%
APGE	Apogee Therapeutics, Inc. Healthcare	Held	7,797	0	$656,273	+11.5%	0.42%
PDD	PDD Holdings Inc. Consumer Cyclical	Held	6,358	0	$649,660	−9.9%	0.42%
AGI	Alamos Gold Inc Basic Materials	NEW	13,738	NEW	$610,379	NEW	0.39%
DAR	Darling Ingredients Inc. Consumer Defensive	Added	9,344	+122	$577,926	+74.1%	0.37%
CACC	Credit Acceptance Corp Financial Services	Reduced	1,249	-63	$528,901	−9.1%	0.34%
CPNG	Coupang, Inc. Consumer Cyclical	Added	27,185	+12,945	$513,252	+52.8%	0.33%
KSPI	Joint Stock Co Kaspi.kz Technology	Added	6,915	+824	$512,194	+7.6%	0.33%
PML	Pimco Municipal Income Fund II Financial Services	Held	64,352	0	$487,144	+0.4%	0.31%
VEEV	Veeva Systems Inc Healthcare	Added	2,757	+1,368	$484,294	+56.2%	0.31%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	1,429	0	$482,930	+11.2%	0.31%
ENSG	Ensign Group, Inc Healthcare	Held	2,258	0	$454,987	+15.7%	0.29%
CRH	Crh Public Ltd Co Basic Materials	Added	4,311	+465	$453,172	−5.6%	0.29%
APPF	Appfolio Inc Technology	Added	2,859	+1,256	$451,207	+21.0%	0.29%
MMD	NYLI MacKay DefinedTerm Muni Opportunities Fund Financial Services	Held	30,000	0	$445,500	−0.1%	0.29%
IBIT	iShares Bitcoin Trust ETF	Held	11,541	0	$443,405	−22.6%	0.28%
MELI	Mercadolibre Inc Consumer Cyclical	Added	250	+58	$432,255	+11.8%	0.28%
GE	General Electric Co Industrials	Reduced	1,349	-793	$382,805	−42.0%	0.25%
ENVA	Enova International, Inc. Financial Services	Added	2,811	+399	$381,818	+0.7%	0.24%
LPX	Louisiana-Pacific Corp Industrials	Held	5,201	0	$378,372	−9.9%	0.24%
V	Visa Inc. Financial Services	Reduced	1,228	-721	$371,150	−45.7%	0.24%
CCOI	Cogent Communications Holdings, Inc. Communication Services	Added	18,442	+6,145	$347,447	+31.1%	0.22%
SOLS	Solstice Advanced Materials Inc. Basic Materials	NEW	4,368	NEW	$332,666	NEW	0.21%
PCG	PG&E Corp Utilities	Added	18,865	+263	$331,458	+10.9%	0.21%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	1,041	-137	$302,400	+3.9%	0.19%
WBD	Warner Bros. Discovery, Inc. Communication Services	Reduced	10,643	-2,913	$292,256	−25.2%	0.19%
MTCH	Match Group, Inc. Communication Services	Added	9,101	+2,587	$279,491	+32.9%	0.18%
BILL	BILL Holdings, Inc. Technology	Added	7,097	+2,377	$271,815	+5.6%	0.17%
HR	Healthcare Realty Trust Inc Real Estate	Added	15,921	+4,080	$270,497	+34.8%	0.17%
ILMN	Illumina, Inc. Healthcare	Reduced	2,137	-372	$263,406	−20.0%	0.17%
CWAN	Clearwater Analytics Holdings, Inc. Technology	NEW	11,093	NEW	$262,349	NEW	0.17%
ADSK	Autodesk, Inc. Technology	Added	1,092	+365	$261,424	+21.5%	0.17%
HUM	Humana Inc Healthcare	Added	1,499	+281	$259,911	−16.7%	0.17%
QRVO	Qorvo, Inc. Technology	Added	3,338	+816	$258,361	+21.2%	0.17%
KVUE	Kenvue Inc. Consumer Defensive	Added	14,952	+2,145	$257,772	+16.7%	0.17%
CRM	Salesforce, Inc. Technology	Added	1,339	+440	$249,951	+5.0%	0.16%