Global Endowment Management

Global Endowment Management as of Dec. 31, 2014

Portfolio Holdings for Global Endowment Management

Global Endowment Management holds 246 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway Inc Del Cl B New (BRK.B) 6.1 $37M 244k 150.15
Amazon (AMZN) 4.9 $29M 94k 310.36
Oaktree Cap Group Unit Cl A 4.8 $29M 557k 51.83
Spdr S&p 500 Etf Tr Tr Unit (SPY) 3.8 $23M 110k 205.50
Zillow Cl A 3.6 $22M 204k 105.89
Yadkin Finl Corp 2.4 $14M 724k 19.65
Genpact SHS (G) 2.1 $13M 670k 18.93
Violin Memory 1.9 $11M 2.3M 4.79
Vanguard Bd Index Total Bnd Mrkt (BND) 1.4 $8.1M 98k 82.37
Vanguard Tax Managed Intl Ftse Dev Mkt Etf (VEA) 1.3 $7.6M 200k 37.88
Range Resources (RRC) 1.2 $7.2M 135k 53.46
Trulia 1.2 $7.1M 155k 46.03
Gulfport Energy Corp Com New 1.1 $6.4M 154k 41.74
Vanguard Intl Equity Index F Ftse Emr Mkt Etf (VWO) 1.0 $6.1M 152k 40.02
Bank of New York Mellon Corporation (BK) 0.9 $5.4M 134k 40.57
L Brands 0.9 $5.3M 61k 86.55
Six Flags Entertainment (SIX) 0.9 $5.3M 122k 43.15
Wisdomtree Tr Japn Hedge Eqt (DXJ) 0.9 $5.1M 104k 49.23
Autoliv (ALV) 0.8 $4.8M 45k 106.12
EOG Resources (EOG) 0.8 $4.7M 51k 92.08
Pioneer Natural Resources (PXD) 0.8 $4.5M 31k 148.84
Shutterfly 0.8 $4.5M 108k 41.69
FleetCor Technologies 0.7 $4.2M 28k 148.72
TransDigm Group Incorporated (TDG) 0.7 $4.1M 21k 196.33
Anadarko Petroleum Corporation 0.6 $3.8M 47k 82.50
Charter Communications Inc D Cl A New 0.6 $3.8M 23k 166.64
Twenty First Centy Fox CL B 0.6 $3.8M 102k 36.89
Wells Fargo & Company (WFC) 0.6 $3.7M 68k 54.82
Kofax Com Usd 0.6 $3.6M 518k 7.03
Teekay Shipping Marshall Isl (TK) 0.6 $3.6M 72k 50.90
Horsehead Holding 0.6 $3.6M 229k 15.83
Post Properties 0.6 $3.3M 57k 58.76
General Dynamics Corporation (GD) 0.5 $3.3M 24k 137.62
General Motors Company (GM) 0.5 $3.3M 94k 34.91
Dollar General (DG) 0.5 $3.2M 46k 70.70
Vitesse Semiconductor Corp Com New 0.5 $3.2M 858k 3.78
Google Cl A 0.5 $3.2M 6.0k 530.67
Rice Energy 0.5 $3.2M 151k 20.97
Douglas Emmett (DEI) 0.5 $3.1M 110k 28.40
Charles Schwab Corporation (SCHW) 0.5 $3.1M 103k 30.19
Nuveen Select Quality Municipal Fund 0.5 $3.1M 222k 13.96
Ocwen Finl Corp Com New 0.5 $3.1M 205k 15.10
Goldcorp 0.5 $3.1M 166k 18.52
Liberty Interactive Corp Int Com Ser A 0.5 $3.1M 104k 29.42
Concho Resources 0.5 $3.1M 31k 99.77
Colfax Corporation 0.5 $3.0M 59k 51.58
Equity Lifestyle Properties (ELS) 0.5 $3.0M 59k 51.54
Healthcare Tr Amer Cl A New 0.5 $3.0M 112k 26.94
Vornado Rlty Tr Sh Ben Int (VNO) 0.5 $3.0M 26k 117.70
Health Care REIT 0.5 $3.0M 40k 75.65
Cubesmart (CUBE) 0.5 $3.0M 135k 22.07
Tempur-Pedic International (TPX) 0.5 $3.0M 54k 54.92
Barrick Gold Corp (GOLD) 0.5 $3.0M 276k 10.75
Actuant Corp Cl A New 0.5 $3.0M 109k 27.24
Nuveen Divid Adv Mun Fd 3 Com Sh Ben Int (NZF) 0.5 $3.0M 215k 13.78
Education Rlty Tr Com New 0.5 $3.0M 81k 36.59
Microsoft Corporation (MSFT) 0.5 $3.0M 64k 46.46
Equity Residential Sh Ben Int (EQR) 0.5 $2.9M 41k 71.85
Newmont Mining Corporation (NEM) 0.5 $2.9M 156k 18.90
Wesco Aircraft Holdings 0.5 $2.9M 210k 13.98
American Assets Trust Inc reit (AAT) 0.5 $2.9M 74k 39.81
CoreSite Realty 0.5 $2.9M 75k 39.05
Guidance Software 0.5 $2.9M 404k 7.25
Retail Pptys Amer Cl A 0.5 $2.9M 175k 16.69
Taubman Centers 0.5 $2.9M 38k 76.42
Tanger Factory Outlet Centers (SKT) 0.5 $2.9M 79k 36.97
Spirit Realty reit 0.5 $2.9M 244k 11.89
Sunstone Hotel Investors (SHO) 0.5 $2.9M 175k 16.51
Kimco Realty Corporation (KIM) 0.5 $2.9M 115k 25.14
Strategic Hotels & Resorts 0.5 $2.9M 218k 13.23
Nuveen Munpl Markt Opp Fund 0.5 $2.9M 212k 13.63
Boston Properties (BXP) 0.5 $2.9M 22k 128.68
Diamondback Energy (FANG) 0.5 $2.8M 47k 59.77
Prologis (PLD) 0.5 $2.8M 64k 43.03
Masonite International (DOOR) 0.5 $2.8M 45k 61.47
Nuveen Premium Income Muni Fund 2 0.5 $2.7M 193k 14.16
Credit Acceptance (CACC) 0.5 $2.7M 20k 136.40
Alexandria Real Estate Equities (ARE) 0.4 $2.7M 30k 88.75
Lear Corp Com New (LEA) 0.4 $2.7M 27k 98.07
WABCO Holdings 0.4 $2.7M 26k 104.77
Camden Ppty Tr Sh Ben Int (CPT) 0.4 $2.7M 36k 73.85
Nuveen Dividend Advantage Municipal Fd 2 0.4 $2.6M 186k 14.11
Exterran Holdings 0.4 $2.6M 80k 32.58
American Tower Reit (AMT) 0.4 $2.6M 26k 98.84
Simon Property (SPG) 0.4 $2.6M 14k 182.08
Aeropostale 0.4 $2.5M 1.1M 2.32
Yandex N V Shs Class A (YNDX) 0.4 $2.5M 138k 17.96
Nuveen Municipal Advantage Fund 0.4 $2.5M 181k 13.66
Ishares Tr Msci Utd Kngdm 0.4 $2.4M 135k 18.03
News Corp Cl A (NWSA) 0.4 $2.4M 154k 15.69
Hallmark Finl Svcs Inc Ec Com New 0.4 $2.3M 193k 12.09
Xoom 0.4 $2.3M 132k 17.51
Berkshire Hathaway Inc Del Cl A (BRK.A) 0.4 $2.3M 10.00 226000.00
PS Business Parks 0.4 $2.3M 28k 79.54
Nuveen Premium Income Municipal Fund 0.4 $2.2M 162k 13.86
Aviv Reit 0.4 $2.2M 64k 34.48
Southwestern Energy Company (SWN) 0.4 $2.1M 78k 27.29
Powershares Qqq Trust Unit Ser 1 0.3 $2.1M 20k 103.25
Kinder Morgan (KMI) 0.3 $2.1M 49k 42.33
Invesco Van Kampen Municipal Trust (VKQ) 0.3 $2.1M 162k 12.66
Putnam Mun Opportunities Tr Sh Ben Int (PMO) 0.3 $1.9M 162k 11.99
Antero Res (AR) 0.3 $1.9M 46k 40.58
Energy Transfer Equity Com Ut Ltd Ptn (ET) 0.3 $1.9M 33k 57.40
Invesco Van Kampen Muni Opp Trust (VMO) 0.3 $1.9M 145k 12.86
Nuveen Insured Quality Muncipal Fund 0.3 $1.8M 140k 13.18
Nuveen Insured Tax-Free Adv Munici (NEA) 0.3 $1.8M 133k 13.81
Spdr Gold Trust Gold Shs (GLD) 0.3 $1.8M 16k 113.56
Invesco Van Kampen Trust For Inv Grd Mun (VGM) 0.3 $1.7M 130k 13.29
Oasis Petroleum 0.3 $1.7M 104k 16.54
Wisdomtree Tr Europe Hedged Eq (HEDJ) 0.3 $1.7M 31k 55.62
Nuveen Quality Income Municipal Fund 0.3 $1.7M 120k 13.97
Access Midstream Partners L Unit 0.3 $1.7M 31k 54.21
Select Sector Spdr Tr Technology (XLK) 0.3 $1.7M 40k 41.35
Nuveen Quality Pref. Inc. Fund II 0.3 $1.6M 185k 8.90
Central Goldtrust Tr Unit 0.3 $1.6M 40k 40.65
Two Harbors Investment 0.3 $1.6M 162k 10.02
Anheuser Busch Inbev Sa Sponsored Adr (BUD) 0.3 $1.6M 14k 112.34
Ishares Msci Germany Etf (EWG) 0.3 $1.6M 58k 27.41
Morningstar (MORN) 0.3 $1.6M 24k 64.71
Cbre Clarion Global Real Estat re (IGR) 0.3 $1.5M 170k 8.99
Semgroup Corp Cl A 0.2 $1.5M 22k 68.38
Sunoco Logistics Prtnrs Com Units 0.2 $1.5M 35k 41.78
Select Sector Spdr Tr Sbi Int-energy (XLE) 0.2 $1.5M 19k 79.14
Select Sector Spdr Tr Sbi Int-inds (XLI) 0.2 $1.4M 26k 56.59
Eqt Midstream Partners Unit Ltd Partn 0.2 $1.4M 16k 88.00
CarMax (KMX) 0.2 $1.4M 21k 66.59
Invesco Van Kampen Cal Val Mun Inc Trust (VCV) 0.2 $1.4M 106k 12.86
Tesoro Logistics Com Unit Lp 0.2 $1.3M 23k 58.86
MPLX Com Unit Rep Ltd (MPLX) 0.2 $1.3M 18k 73.53
BlackRock Credit All Inc Trust IV (BTZ) 0.2 $1.3M 100k 12.92
Allianzgi Equity & Conv In 0.2 $1.2M 60k 20.68
Pimco Dynamic Cr Income Com Shs 0.2 $1.2M 60k 20.65
MCG Capital Corporation 0.2 $1.2M 323k 3.83
BlackRock MuniHolding Insured Investm 0.2 $1.2M 85k 14.28
Tallgrass Energy Partners Com Unit 0.2 $1.2M 27k 44.70
Essex Property Trust (ESS) 0.2 $1.2M 5.7k 206.67
Energy Transfer Prtnrs Unit Ltd Partn 0.2 $1.2M 18k 65.02
Support 0.2 $1.1M 531k 2.11
Nuveen Div. Advantage Muni. Fund (NAD) 0.2 $1.1M 77k 14.33
Enterprise Products Partners (EPD) 0.2 $1.1M 30k 36.09
Ishares Tr China Lg-cap Etf (FXI) 0.2 $1.1M 26k 41.62
Select Sector Spdr Tr Sbi Int-utils (XLU) 0.2 $1.1M 22k 47.23
Markwest Energy Partners Unit Ltd Partn 0.2 $1.0M 15k 67.14
Plains All Amern Pipeline L Unit Ltd Partn (PAA) 0.2 $1.0M 20k 51.33
Nustar Energy Unit Com (NS) 0.2 $1.0M 18k 57.77
Regency Energy Partners Com Units L P 0.2 $991k 41k 23.99
Western Gas Equity Partners Comunt Ltd Pt 0.2 $982k 16k 60.25
Arcos Dorados Holdings Shs Class -a - (ARCO) 0.2 $974k 180k 5.41
Crestwood Midstream Partners Unit Ltd Partner 0.2 $946k 62k 15.19
Select Sector Spdr Tr Sbi Int-finl (XLF) 0.2 $940k 38k 24.74
Wisdomtree Tr Europe Smcp Dv (DFE) 0.2 $926k 18k 51.44
Teekay Offshore Partners Partnership Un 0.2 $921k 34k 26.77
Plains Gp Hldgs Shs A Rep Ltpn 0.2 $920k 36k 25.69
Nuveen Insd Dividend Advantage (NVG) 0.2 $899k 64k 14.11
Ishares Msci Span Cp Etf (EWP) 0.1 $831k 24k 34.62
Oneok Partners Unit Ltd Partn 0.1 $828k 21k 39.62
Nuveen Mortgage opportunity trm fd2 0.1 $811k 35k 23.17
Ishares Msci Sz Cap Etf (EWL) 0.1 $794k 25k 31.70
Targa Res Corp (TRGP) 0.1 $792k 7.5k 106.02
Apartment Invt & Mgmt Cl A 0.1 $762k 21k 37.17
Nuveen Maryland Premium Income Municipal 0.1 $735k 58k 12.65
Store Capital Corp reit 0.1 $730k 34k 21.60
Nuveen Multi-Strategy Income & Growth (JPC) 0.1 $725k 76k 9.56
Dct Industrial Trust Com New 0.1 $724k 20k 35.66
General Growth Properties 0.1 $720k 26k 28.12
Ishares Msci Cda Etf (EWC) 0.1 $718k 25k 28.85
First Industrial Realty Trust (FR) 0.1 $711k 35k 20.55
Lasalle Hotel Pptys Com Sh Ben Int 0.1 $704k 17k 40.46
Equity Comwlth Com Sh Ben Int (EQC) 0.1 $701k 27k 25.68
AvalonBay Communities (AVB) 0.1 $701k 4.3k 163.44
Ishares Tr 7-10 Y Tr Bd Etf (IEF) 0.1 $689k 6.5k 106.00
Regency Centers Corporation (REG) 0.1 $665k 10k 63.82
Morgan Stanley Emerging Markets Domestic (EDD) 0.1 $634k 60k 10.57
Putnam Premier Income Tr Sh Ben Int (PPT) 0.1 $630k 120k 5.25
Select Sector Spdr Tr Sbi Cons Discr (XLY) 0.1 $606k 8.4k 72.14
Doubleline Income Solutions (DSL) 0.1 $597k 30k 19.90
Putnam Managed Municipal Income Trust (PMM) 0.1 $580k 80k 7.25
Blackrock Res & Comm Strat T SHS (BCX) 0.1 $572k 59k 9.71
Ishares Msci France Etf (EWQ) 0.1 $556k 23k 24.63
Colony Financial 0.1 $548k 23k 23.83
American Residential Pptys I 0.1 $545k 31k 17.58
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.1 $501k 34k 14.74
Nuveen Qual Preferred Inc. Fund III 0.1 $500k 60k 8.33
Nuveen Investment Quality Munl Fund 0.1 $498k 33k 15.23
Solar Cap (SLRC) 0.1 $490k 27k 18.01
Nuveen Premier Mun Income 0.1 $490k 35k 13.96
Eaton Vance Tax-Managed Global Dive Eq (EXG) 0.1 $475k 50k 9.50
Apple (AAPL) 0.1 $471k 4.3k 110.30
Cohen & Steers infrastucture Fund (UTF) 0.1 $454k 20k 22.70
Nuveen Cr Strategies Incm Com Shs (JQC) 0.1 $439k 50k 8.78
Templeton Global Income Fund (SABA) 0.1 $431k 60k 7.18
Invesco Mortgage Capital 0.1 $422k 27k 15.46
AutoZone (AZO) 0.1 $421k 680.00 619.12
Kinder Morgan Inc Del *w Exp 05/25/201 0.1 $420k 99k 4.26
Ishares Msci Italcpd Etf 0.1 $405k 30k 13.60
Nuveen Performance Plus Municipal Fund 0.1 $398k 27k 14.74
Ishares Tr Msci Philips Etf (EPHE) 0.1 $382k 10k 38.20
AllianceBernstein Global Hgh Incm (AWF) 0.1 $373k 30k 12.43
Intuit (INTU) 0.1 $372k 4.0k 92.08
Hatteras Financial 0.1 $369k 20k 18.45
Sigma-Aldrich Corporation 0.1 $364k 2.7k 137.36
Altria (MO) 0.1 $359k 7.3k 49.31
Blackrock Muniyield California Ins Fund 0.1 $356k 23k 15.21
Accenture Plc Ireland Shs Class A (ACN) 0.1 $354k 4.0k 89.39
Ishares Msci Sweden Etf (EWD) 0.1 $351k 11k 31.65
Oracle Corporation (ORCL) 0.1 $349k 7.8k 45.03
Intel Corporation (INTC) 0.1 $349k 9.6k 36.28
Ishares Msci Taiwan Etf 0.1 $310k 21k 15.12
Abbott Laboratories (ABT) 0.1 $309k 6.9k 44.98
Hormel Foods Corporation (HRL) 0.1 $305k 5.9k 52.14
Texas Instruments Incorporated (TXN) 0.1 $303k 5.7k 53.44
Scripps Networks Interact In Cl A Com 0.0 $297k 3.9k 75.38
Visa Com Cl A (V) 0.0 $296k 1.1k 261.95
American Capital 0.0 $292k 20k 14.60
C.R. Bard 0.0 $292k 1.8k 166.86
3M Company (MMM) 0.0 $292k 1.8k 164.04
Chatham Lodging Trust (CLDT) 0.0 $290k 10k 29.00
Ishares Tr Msci India Etf (INDA) 0.0 $285k 9.5k 30.00
Rockwell Collins 0.0 $285k 3.4k 84.57
Endo Intl SHS (ENDPQ) 0.0 $284k 3.9k 72.08
International Business Machines (IBM) 0.0 $279k 1.7k 160.34
Clorox Company (CLX) 0.0 $276k 2.7k 104.15
Ishares Msci Turkey Etf (TUR) 0.0 $272k 5.0k 54.40
BlackRock Income Trust 0.0 $264k 41k 6.39
Philip Morris International (PM) 0.0 $262k 3.2k 81.37
BlackRock Debt Strategies Fund 0.0 $260k 70k 3.71
Eaton Vance Municipal Bond Fund (EIM) 0.0 $257k 20k 12.85
Fortress Investment Group Ll Cl A 0.0 $257k 32k 8.03
Perrigo SHS (PRGO) 0.0 $256k 1.5k 167.32
First Tr High Income L/s (FSD) 0.0 $256k 16k 16.00
Ishares Msci Singap Etf 0.0 $256k 20k 13.10
Fort Dearborn Income Securities 0.0 $251k 18k 14.18
Campbell Soup Company (CPB) 0.0 $237k 5.4k 43.97
Ishares Msci Japan Etf 0.0 $232k 21k 11.26
Qualcomm (QCOM) 0.0 $221k 3.0k 74.41
Ishares Msci Netherl Etf (EWN) 0.0 $217k 9.1k 23.95
BlackRock Global Opportunities Equity Tr (BOE) 0.0 $211k 16k 13.11
Emerson Electric (EMR) 0.0 $205k 3.3k 61.75
Blackrock Intl Grwth & Inc T Com Bene Inter (BGY) 0.0 $202k 30k 6.73
Mfs Charter Income Tr Sh Ben Int (MCR) 0.0 $184k 20k 9.20
Western Asset Global High Income Fnd (EHI) 0.0 $183k 17k 11.09
Ishares Msci Malaysi Etf 0.0 $160k 12k 13.48
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.0 $158k 10k 15.80
Western Asset Municipal Hgh Incm Fnd (MHF) 0.0 $138k 18k 7.71
Mfs Invt Grade Mun Tr Sh Ben Int (CXH) 0.0 $113k 12k 9.42
Morgan Stanley Emerging Markets Debt (MSD) 0.0 $91k 10k 9.10