Global Endowment Management

Global Endowment Management as of Dec. 31, 2015

Portfolio Holdings for Global Endowment Management

Global Endowment Management holds 207 positions in its portfolio as reported in the December 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.B) 13.2 $72M 546k 132.04
Amazon (AMZN) 9.9 $54M 79k 675.89
Oaktree Cap 5.0 $27M 567k 47.72
Spdr S&p 500 Etf (SPY) 4.9 $27M 130k 203.89
Genpact (G) 3.1 $17M 670k 24.98
Jd (JD) 2.9 $16M 490k 32.26
Alphabet Inc Class A cs (GOOGL) 2.6 $14M 18k 778.00
Philip Morris International (PM) 2.4 $13M 150k 87.91
Vanguard Total Bond Market ETF (BND) 2.4 $13M 160k 80.76
WisdomTree Japan Total Dividend (DXJ) 1.7 $9.1M 182k 50.08
Credit Acceptance (CACC) 1.6 $8.6M 40k 214.02
Vanguard Europe Pacific ETF (VEA) 1.6 $8.5M 232k 36.72
Zillow Group Inc Cl C Cap Stk (Z) 1.6 $8.4M 360k 23.48
Colfax Corporation 1.5 $8.1M 348k 23.35
Colony Financial 1.5 $8.0M 410k 19.48
Fortress Investment 1.5 $7.9M 1.6M 5.09
KKR & Co 1.5 $7.9M 509k 15.59
Baidu (BIDU) 1.4 $7.6M 40k 189.05
Ubs Group (UBS) 1.3 $6.9M 354k 19.37
Blackstone 1.2 $6.4M 219k 29.24
Vanguard Emerging Markets ETF (VWO) 1.0 $5.4M 165k 32.71
Berkshire Hathaway (BRK.A) 0.9 $4.9M 25.00 197800.00
Apollo Global Management 'a' 0.9 $4.7M 311k 15.18
Zillow Group Inc Cl A (ZG) 0.9 $4.7M 181k 26.04
Mplx (MPLX) 0.8 $4.3M 109k 39.33
Trupanion (TRUP) 0.7 $3.7M 384k 9.76
Enterprise Products Partners (EPD) 0.7 $3.6M 141k 25.58
Tallgrass Energy Partners 0.6 $3.2M 79k 41.21
Energy Transfer Partners 0.5 $2.9M 87k 33.73
Newmont Mining Corporation (NEM) 0.5 $2.8M 156k 17.99
Sunoco Logistics Partners 0.5 $2.8M 109k 25.71
Kinder Morgan (KMI) 0.5 $2.8M 191k 14.92
Kimco Realty Corporation (KIM) 0.5 $2.8M 106k 26.46
Eqt Midstream Partners 0.5 $2.8M 37k 75.45
CarMax (KMX) 0.5 $2.7M 50k 53.98
Public Storage (PSA) 0.5 $2.7M 11k 247.64
Digital Realty Trust (DLR) 0.5 $2.7M 35k 75.62
Western Gas Partners 0.5 $2.7M 56k 47.53
Tesoro Logistics Lp us equity 0.5 $2.7M 53k 50.31
Equity One 0.5 $2.6M 96k 27.15
Store Capital Corp reit 0.5 $2.6M 112k 23.20
Equity Residential (EQR) 0.5 $2.5M 31k 81.59
Duke Realty Corporation 0.5 $2.5M 121k 21.02
National Retail Properties (NNN) 0.5 $2.6M 65k 40.05
Dct Industrial Trust Inc reit usd.01 0.5 $2.6M 69k 37.37
Healthcare Tr Amer Inc cl a 0.5 $2.5M 95k 26.97
Paramount Group Inc reit (PGRE) 0.5 $2.5M 140k 18.10
Taubman Centers 0.5 $2.5M 33k 76.73
Federal Realty Inv. Trust 0.5 $2.5M 17k 146.10
Simon Property (SPG) 0.5 $2.4M 13k 194.43
Piedmont Office Realty Trust (PDM) 0.5 $2.4M 129k 18.88
Post Properties 0.4 $2.4M 41k 59.16
Corporate Office Properties Trust (CDP) 0.4 $2.4M 111k 21.83
Utilities SPDR (XLU) 0.4 $2.4M 55k 43.29
Omega Healthcare Investors (OHI) 0.4 $2.3M 66k 34.99
Equity Commonwealth (EQC) 0.4 $2.4M 85k 27.72
Tanger Factory Outlet Centers (SKT) 0.4 $2.3M 70k 32.70
Host Hotels & Resorts (HST) 0.4 $2.2M 146k 15.34
Enable Midstream 0.4 $2.2M 237k 9.20
Ishares msci uk 0.4 $2.2M 135k 16.14
Technology SPDR (XLK) 0.4 $2.1M 50k 42.84
DiamondRock Hospitality Company (DRH) 0.4 $2.0M 212k 9.65
Barrick Gold Corp (GOLD) 0.4 $2.0M 276k 7.38
Rice Midstream Partners Lp unit ltd partn 0.4 $2.0M 149k 13.49
Goldcorp 0.3 $1.9M 166k 11.56
Energy Transfer Equity (ET) 0.3 $1.9M 140k 13.74
Western Refng Logistics 0.3 $1.9M 77k 24.53
PowerShares QQQ Trust, Series 1 0.3 $1.7M 15k 111.87
Nuveen Quality Pref. Inc. Fund II 0.3 $1.7M 185k 9.11
SPDR Gold Trust (GLD) 0.3 $1.6M 16k 101.44
iShares MSCI Japan Index 0.3 $1.6M 130k 12.12
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.3 $1.6M 15k 105.59
Fifth Str Asset Mgmt 0.3 $1.6M 489k 3.26
iShares MSCI Germany Index Fund (EWG) 0.3 $1.5M 58k 26.20
Central Gold-Trust 0.3 $1.5M 40k 37.70
iShares FTSE/Xinhua China 25 Index (FXI) 0.3 $1.4M 40k 35.30
Spectra Energy Partners 0.3 $1.4M 30k 47.70
Two Harbors Investment 0.2 $1.3M 162k 8.10
Williams Companies (WMB) 0.2 $1.3M 51k 25.71
Cbre Clarion Global Real Estat re (IGR) 0.2 $1.3M 170k 7.64
Plains Gp Hldgs L P shs a rep ltpn 0.2 $1.3M 137k 9.45
BlackRock Credit All Inc Trust IV (BTZ) 0.2 $1.2M 100k 12.34
Delek Logistics Partners (DKL) 0.2 $1.2M 34k 35.70
Energy Select Sector SPDR (XLE) 0.2 $1.1M 19k 60.54
iShares MSCI Spain Index (EWP) 0.2 $1.1M 38k 28.28
Pimco Dynamic Credit Income other 0.2 $1.1M 60k 18.03
Allianzgi Equity & Conv In 0.2 $1.1M 60k 17.97
WisdomTree Europe SmallCap Div (DFE) 0.2 $1.0M 18k 56.00
Solar Cap (SLRC) 0.2 $871k 53k 16.43
Morgan Stanley China A Share Fund (CAF) 0.1 $796k 40k 19.90
Tallgrass Energy Gp Lp master ltd part 0.1 $806k 51k 15.96
iShares MSCI Switzerland Index Fund (EWL) 0.1 $778k 25k 31.06
Targa Res Corp (TRGP) 0.1 $779k 29k 27.06
Nuveen Mortgage opportunity trm fd2 0.1 $780k 35k 22.29
Health Care SPDR (XLV) 0.1 $721k 10k 72.10
Financial Select Sector SPDR (XLF) 0.1 $713k 30k 23.77
Nuveen Multi-Strategy Income & Growth (JPC) 0.1 $694k 76k 9.16
Nuveen Municipal Advantage Fund 0.1 $701k 51k 13.86
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 0.1 $718k 50k 14.36
Nuveen Munpl Markt Opp Fund 0.1 $674k 49k 13.78
Nuveen Insured Tax-Free Adv Munici (NEA) 0.1 $644k 47k 13.85
Nuveen Premium Income Municipal Fund 0.1 $635k 45k 14.11
Consumer Discretionary SPDR (XLY) 0.1 $625k 8.0k 78.12
Putnam Premier Income Trust (PPT) 0.1 $594k 120k 4.95
Nuveen Premium Income Muni Fund 2 0.1 $573k 40k 14.46
Nuveen Select Quality Municipal Fund 0.1 $610k 43k 14.05
Vanguard Long Term Corporate Bond ETF (VCLT) 0.1 $615k 7.3k 84.25
Teekay Shipping Marshall Isl 0.1 $536k 54k 9.87
Teekay Offshore Partners 0.1 $566k 87k 6.49
Hatteras Financial 0.1 $526k 40k 13.15
iShares MSCI Canada Index (EWC) 0.1 $535k 25k 21.49
iShares MSCI France Index (EWQ) 0.1 $546k 23k 24.19
Invesco Van Kampen Municipal Trust (VKQ) 0.1 $555k 44k 12.77
Nuveen Quality Income Municipal Fund 0.1 $566k 40k 14.17
AutoZone (AZO) 0.1 $504k 680.00 741.18
Hormel Foods Corporation (HRL) 0.1 $516k 6.5k 79.14
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.1 $498k 10k 49.80
Invesco Mortgage Capital 0.1 $496k 40k 12.40
Nuveen Qual Preferred Inc. Fund III 0.1 $509k 60k 8.48
Macquarie Global Infr Total Rtrn Fnd 0.1 $476k 25k 19.04
Ishares Inc msci india index (INDA) 0.1 $496k 18k 27.56
Doubleline Income Solutions (DSL) 0.1 $487k 30k 16.23
Bank of New York Mellon Corporation (BK) 0.1 $433k 11k 41.24
Home Depot (HD) 0.1 $440k 3.3k 132.13
Lockheed Martin Corporation (LMT) 0.1 $419k 1.9k 217.10
Altria (MO) 0.1 $441k 7.6k 58.26
Apple (AAPL) 0.1 $449k 4.3k 105.15
Accenture (ACN) 0.1 $414k 4.0k 104.55
AvalonBay Communities (AVB) 0.1 $460k 2.5k 184.00
American Capital Agency 0.1 $434k 25k 17.36
Six Flags Entertainment (SIX) 0.1 $429k 7.8k 55.00
iShares MSCI Italy Index 0.1 $409k 30k 13.73
Eaton Vance Tax-Managed Global Dive Eq (EXG) 0.1 $443k 50k 8.86
Morgan Stanley Emerging Markets Domestic (EDD) 0.1 $408k 60k 6.80
Blackrock Res & Commodities Strategy Tr (BCX) 0.1 $419k 59k 7.12
F5 Networks (FFIV) 0.1 $359k 3.7k 97.03
Shutterfly 0.1 $405k 9.1k 44.51
Templeton Global Income Fund 0.1 $381k 60k 6.35
Nuveen Multi-Strategy Inc & Growth Fd 2 (JQC) 0.1 $392k 50k 7.84
Cohen & Steers infrastucture Fund (UTF) 0.1 $382k 20k 19.10
Nuveen Dividend Advantage Municipal Fd 2 0.1 $406k 29k 14.15
Nuveen Nasdaq 100 Dynamic Over (QQQX) 0.1 $387k 20k 19.35
3M Company (MMM) 0.1 $333k 2.2k 150.68
Genuine Parts Company (GPC) 0.1 $320k 3.7k 86.02
C.R. Bard 0.1 $332k 1.8k 189.71
Rockwell Collins 0.1 $328k 3.6k 92.39
Merck & Co (MRK) 0.1 $316k 6.0k 52.84
Texas Instruments Incorporated (TXN) 0.1 $311k 5.7k 54.85
Biogen Idec (BIIB) 0.1 $300k 980.00 306.12
Clorox Company (CLX) 0.1 $311k 2.5k 126.94
Ocwen Financial Corporation 0.1 $315k 45k 6.97
Ishares Tr Phill Invstmrk (EPHE) 0.1 $337k 10k 33.70
AllianceBernstein Global Hgh Incm (AWF) 0.1 $323k 30k 10.77
Industries N shs - a - (LYB) 0.1 $333k 3.8k 86.95
iShares MSCI Sweden Index (EWD) 0.1 $324k 11k 29.22
Ellington Financial 0.1 $321k 19k 16.79
Rice Energy 0.1 $324k 30k 10.91
Fiat Chrysler Auto 0.1 $344k 25k 13.98
Time Warner Cable 0.1 $260k 1.4k 185.71
Range Resources (RRC) 0.1 $285k 12k 24.57
PPG Industries (PPG) 0.1 $285k 2.9k 98.96
Wells Fargo & Company (WFC) 0.1 $299k 5.5k 54.36
Qualcomm (QCOM) 0.1 $298k 6.0k 49.92
Oracle Corporation (ORCL) 0.1 $282k 7.7k 36.58
American Capital 0.1 $276k 20k 13.80
Lam Research Corporation 0.1 $270k 3.4k 79.41
Macquarie Infrastructure Company 0.1 $290k 4.0k 72.50
Gulfport Energy Corporation 0.1 $258k 11k 24.57
TransDigm Group Incorporated (TDG) 0.1 $297k 1.3k 228.46
Market Vectors Gold Miners ETF 0.1 $252k 18k 13.74
iShares MSCI Taiwan Index 0.1 $262k 21k 12.78
BlackRock Income Trust 0.1 $264k 41k 6.39
FleetCor Technologies 0.1 $286k 2.0k 143.00
iShares MSCI Austria Investable Mkt (EWO) 0.1 $266k 17k 15.65
Nuveen Div. Advantage Muni. Fund (NAD) 0.1 $256k 18k 14.54
Western Asset Global High Income Fnd (EHI) 0.1 $262k 30k 8.73
Morgan Stanley Emerging Markets Debt (MSD) 0.1 $257k 30k 8.57
L Brands 0.1 $259k 2.7k 95.93
Equinix (EQIX) 0.1 $250k 827.00 302.30
Polaris Industries (PII) 0.0 $244k 2.8k 85.92
Pioneer Natural Resources 0.0 $226k 1.8k 125.56
Industrial SPDR (XLI) 0.0 $212k 4.0k 53.00
Tempur-Pedic International (SGI) 0.0 $211k 3.0k 70.33
Aspen Technology 0.0 $215k 5.7k 37.72
Market Vectors Agribusiness 0.0 $232k 5.0k 46.40
Avago Technologies 0.0 $218k 1.5k 145.33
BlackRock Global Opportunities Equity Tr (BOE) 0.0 $205k 16k 12.73
iShares MSCI Singapore Index Fund 0.0 $201k 20k 10.29
BlackRock Debt Strategies Fund 0.0 $236k 70k 3.37
iShares MSCI Netherlands Investable (EWN) 0.0 $216k 9.1k 23.84
First Tr High Income L/s (FSD) 0.0 $225k 16k 14.06
Pvh Corporation (PVH) 0.0 $228k 3.1k 73.55
Wesco Aircraft Holdings 0.0 $235k 20k 11.99
Fox News 0.0 $215k 7.9k 27.22
National Gen Hldgs 0.0 $220k 10k 21.89
Iron Mountain (IRM) 0.0 $235k 8.7k 27.01
Capstead Mortgage Corporation 0.0 $175k 20k 8.75
GulfMark Offshore 0.0 $180k 39k 4.66
iShares MSCI Malaysia Index Fund 0.0 $155k 20k 7.75
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.0 $137k 10k 13.70
MFS Charter Income Trust (MCR) 0.0 $152k 20k 7.60
SPDR S&P Metals and Mining (XME) 0.0 $150k 10k 15.00
BLACKROCK INTL GRWTH & INC T COM Bene Inter (BGY) 0.0 $187k 30k 6.23
Western Asset Municipal Hgh Incm Fnd (MHF) 0.0 $140k 18k 7.82
Global X Fds ftse greec 0.0 $159k 20k 7.95
Clough Gbl Opps Fund Sh Ben Int closed-end fund (GLO) 0.0 $104k 10k 10.40
MFS Investment Grade Municipal Trust (CXH) 0.0 $118k 12k 9.83