Global Endowment Management

Global Endowment Management as of March 31, 2011

Portfolio Holdings for Global Endowment Management

Global Endowment Management holds 153 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Colgate-Palmolive Company (CL) 2.8 $4.7M 58k 80.77
Spdr S&p 500 Etf (SPY) 2.4 $4.1M 31k 132.52
Paychex (PAYX) 1.9 $3.2M 102k 31.36
Philip Morris International (PM) 1.9 $3.1M 47k 65.63
Automatic Data Processing (ADP) 1.8 $3.1M 60k 51.31
Microsoft Corporation (MSFT) 1.7 $2.9M 114k 25.36
Lockheed Martin Corporation (LMT) 1.7 $2.9M 36k 80.39
Honeywell International (HON) 1.7 $2.9M 49k 59.71
International Business Machines (IBM) 1.7 $2.9M 18k 163.09
Kinder Morgan Energy Partners 1.7 $2.8M 38k 74.10
Cme (CME) 1.6 $2.8M 9.2k 301.61
Medtronic 1.6 $2.8M 70k 39.30
Emerson Electric (EMR) 1.6 $2.8M 47k 58.43
Enterprise Products Partners (EPD) 1.6 $2.7M 64k 43.07
Pepsi (PEP) 1.5 $2.6M 40k 64.41
Johnson & Johnson (JNJ) 1.5 $2.6M 43k 59.26
Sherwin-Williams Company (SHW) 1.5 $2.6M 31k 84.00
United Technologies Corporation 1.5 $2.5M 30k 84.65
Exxon Mobil Corporation (XOM) 1.5 $2.5M 30k 84.13
Campbell Soup Company (CPB) 1.5 $2.5M 76k 33.11
Hershey Company (HSY) 1.5 $2.5M 46k 54.36
3M Company (MMM) 1.5 $2.5M 26k 93.48
Kellogg Company (K) 1.5 $2.5M 46k 53.98
Stanley Black & Decker (SWK) 1.4 $2.4M 32k 76.60
Altria (MO) 1.4 $2.4M 92k 26.03
Abbott Laboratories (ABT) 1.4 $2.3M 48k 49.06
Texas Instruments Incorporated (TXN) 1.4 $2.3M 67k 34.55
Coca-Cola Company (KO) 1.4 $2.3M 34k 66.35
Magellan Midstream Partners 1.3 $2.2M 36k 59.86
Plains All American Pipeline (PAA) 1.3 $2.1M 33k 63.72
Nike (NKE) 1.2 $2.1M 28k 75.68
Google 1.2 $2.1M 3.5k 586.26
Enbridge Energy Partners 1.2 $2.0M 32k 64.63
Wal-Mart Stores (WMT) 1.1 $1.9M 36k 52.06
Shaw 1.1 $1.9M 52k 35.41
Hallmark Financial Services 1.1 $1.8M 220k 8.38
Six Flags Entertainment (SIX) 1.0 $1.8M 24k 72.02
Vanguard Total Bond Market ETF (BND) 0.9 $1.5M 19k 80.00
Williams Partners 0.9 $1.5M 29k 51.82
Oneok Partners 0.9 $1.5M 18k 82.36
MarkWest Energy Partners 0.8 $1.4M 29k 48.47
NuStar Energy (NS) 0.8 $1.4M 20k 67.88
Williams Companies (WMB) 0.8 $1.3M 43k 31.17
Buckeye Partners 0.8 $1.3M 21k 63.56
El Paso Pipeline Partners 0.8 $1.3M 37k 36.24
iShares Dow Jones US Real Estate (IYR) 0.8 $1.3M 22k 59.41
Utilities SPDR (XLU) 0.8 $1.3M 41k 31.90
Jp Morgan Alerian Mlp Index (AMJ) 0.8 $1.3M 34k 37.96
Vodafone 0.7 $1.2M 43k 28.75
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.7 $1.2M 13k 93.03
Ipath Dow Jones-aig Commodity (DJP) 0.7 $1.2M 24k 51.33
Corporate Executive Board Company 0.7 $1.1M 28k 40.36
General Dynamics Corporation (GD) 0.7 $1.1M 14k 76.53
Liberty Global 0.7 $1.1M 26k 41.41
iShares MSCI Japan Index 0.7 $1.1M 106k 10.31
Energy Transfer Equity (ET) 0.7 $1.1M 24k 45.00
AbitibiBowater 0.7 $1.1M 40k 26.87
Pioneer Natural Resources (PXD) 0.6 $1.1M 11k 101.89
National Fuel Gas (NFG) 0.6 $1.1M 14k 73.97
Potash Corp. Of Saskatchewan I 0.6 $1.0M 17k 58.95
Lowe's Companies (LOW) 0.6 $978k 37k 26.43
Crown Castle International 0.6 $961k 23k 42.54
Interactive Intelligence 0.6 $961k 25k 38.72
Energy Select Sector SPDR (XLE) 0.6 $942k 12k 79.83
Accelrys 0.6 $932k 117k 8.00
Baker Hughes Incorporated 0.6 $925k 13k 73.41
Zhongpin 0.6 $924k 61k 15.19
Erie Indemnity Company (ERIE) 0.5 $910k 13k 71.09
Wells Fargo & Company (WFC) 0.5 $840k 27k 31.70
Sunoco Logistics Partners 0.5 $842k 9.7k 86.80
Jacobs Engineering 0.5 $806k 16k 51.45
Nordion 0.5 $814k 69k 11.81
Enzon Pharmaceuticals (ENZN) 0.5 $796k 73k 10.90
TransDigm Group Incorporated (TDG) 0.5 $788k 9.4k 83.83
Guidance Software 0.5 $791k 94k 8.38
WellCare Health Plans 0.5 $772k 18k 41.96
Qlt 0.5 $767k 110k 6.95
Move 0.5 $760k 318k 2.39
Minerals Technologies (MTX) 0.5 $761k 11k 68.56
Electro Scientific Industries 0.4 $734k 42k 17.35
SLM Corporation (SLM) 0.4 $724k 47k 15.31
Amazon (AMZN) 0.4 $703k 3.9k 180.26
Packaging Corporation of America (PKG) 0.4 $696k 24k 28.88
Liberty Media 0.4 $683k 43k 16.03
Life Technologies 0.4 $691k 13k 52.43
Charter Communications 0.4 $663k 13k 50.61
Apple (AAPL) 0.4 $662k 1.9k 348.42
Duncan Energy Partners (DEP) 0.4 $660k 16k 40.49
iShares MSCI United Kingdom Index 0.4 $640k 36k 17.93
Qualcomm (QCOM) 0.4 $625k 11k 54.82
iShares MSCI EAFE Index Fund (EFA) 0.4 $613k 10k 60.10
Western Gas Partners 0.4 $611k 18k 34.91
TC Pipelines 0.4 $598k 12k 52.00
Holly Energy Partners 0.4 $597k 10k 57.96
Enbridge (ENB) 0.3 $571k 9.3k 61.40
Alliance Holdings GP 0.3 $567k 11k 52.50
Genesis Energy (GEL) 0.3 $552k 20k 28.31
Intl Fcstone 0.3 $552k 22k 25.42
Spectra Energy Partners 0.3 $532k 16k 32.84
NuStar GP Holdings 0.3 $525k 14k 36.46
First Industrial Realty Trust (FR) 0.3 $461k 39k 11.88
Nationwide Health Properties 0.3 $430k 10k 42.57
Digital Realty Trust (DLR) 0.2 $413k 7.1k 58.17
Extra Space Storage (EXR) 0.2 $427k 21k 20.73
Equity Residential (EQR) 0.2 $395k 7.0k 56.43
BRE Properties 0.2 $396k 8.4k 47.14
AMB Property Corporation 0.2 $410k 11k 35.96
Retail Opportunity Investments (ROIC) 0.2 $401k 37k 10.93
AvalonBay Communities (AVB) 0.2 $384k 3.2k 120.00
Glimcher Realty Trust 0.2 $385k 42k 9.25
Taubman Centers 0.2 $386k 7.2k 53.61
Alexandria Real Estate Equities (ARE) 0.2 $390k 5.0k 78.00
Boston Properties (BXP) 0.2 $389k 4.1k 94.88
Leap Wireless International 0.2 $370k 24k 15.48
Washington Real Estate Investment Trust (ELME) 0.2 $364k 12k 31.11
Vornado Realty Trust (VNO) 0.2 $376k 4.3k 87.44
American Campus Communities 0.2 $376k 11k 32.98
Equity Lifestyle Properties (ELS) 0.2 $375k 6.5k 57.69
Corporate Office Properties Trust (CDP) 0.2 $376k 10k 36.15
HCP 0.2 $372k 9.8k 37.96
Regency Centers Corporation (REG) 0.2 $370k 8.5k 43.53
Equity One 0.2 $368k 20k 18.78
Hyatt Hotels Corporation (H) 0.2 $344k 8.0k 43.00
Marriott International (MAR) 0.2 $313k 8.8k 35.57
SPDR S&P Metals and Mining (XME) 0.2 $312k 4.2k 74.29
iShares FTSE/Xinhua China 25 Index (FXI) 0.2 $310k 6.9k 44.93
Solar Cap (SLRC) 0.2 $310k 13k 23.85
iShares MSCI Canada Index (EWC) 0.2 $309k 9.2k 33.59
iShares MSCI Brazil Index (EWZ) 0.1 $248k 3.2k 77.50
iShares MSCI Sweden Index (EWD) 0.1 $228k 7.0k 32.81
iShares MSCI France Index (EWQ) 0.1 $240k 8.9k 26.97
iShares MSCI Italy Index 0.1 $211k 11k 18.59
Fluor Corporation (FLR) 0.1 $198k 2.7k 73.61
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.1 $160k 2.6k 62.75
iShares MSCI Malaysia Index Fund 0.1 $168k 11k 14.74
iShares MSCI Chile Inv. Mt. Idx (ECH) 0.1 $162k 2.3k 72.00
iShares MSCI Austria Investable Mkt (EWO) 0.1 $173k 7.4k 23.38
MSCI Indonesia Investable Market Ind (EIDO) 0.1 $163k 5.5k 29.91
Ishares Tr msci russ indx 0.1 $160k 5.2k 30.77
iShares MSCI BRIC Index Fund (BKF) 0.1 $158k 3.2k 50.16
iShares MSCI Germany Index Fund (EWG) 0.1 $157k 6.1k 25.95
iShares MSCI Switzerland Index Fund (EWL) 0.1 $156k 6.2k 25.37
Vanguard Emerging Markets ETF (VWO) 0.1 $127k 2.6k 48.85
iShares MSCI Spain Index (EWP) 0.1 $127k 3.0k 42.33
iShares MSCI Netherlands Investable (EWN) 0.1 $129k 5.6k 23.04
iShares MSCI Belgium Investable Mkt (EWK) 0.1 $123k 8.7k 14.14
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $85k 4.5k 18.89
iShares MSCI Australia Index Fund (EWA) 0.0 $69k 2.6k 26.54
iShares MSCI Singapore Index Fund 0.0 $51k 3.7k 13.78
Market Vector Russia ETF Trust 0.0 $29k 700.00 41.43
iShares MSCI South Korea Index Fund (EWY) 0.0 $39k 600.00 65.00
iShares MSCI Taiwan Index 0.0 $29k 2.0k 14.87
iShares S&P India Nifty 50 Index Fund (INDY) 0.0 $13k 450.00 28.89