Chief Investment Officer

0001085146-24-002436.txt : 20240513 0001085146-24-002436.hdr.sgml : 20240513 20240513135538 ACCESSION NUMBER: 0001085146-24-002436 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 EFFECTIVENESS DATE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Endowment Management, LP CENTRAL INDEX KEY: 0001512237 ORGANIZATION NAME: IRS NUMBER: 651297607 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14333 FILM NUMBER: 24938246 BUSINESS ADDRESS: STREET 1: 224 W TREMONT AVE CITY: CHARLOTTE STATE: NC ZIP: 28203 BUSINESS PHONE: 704-333-8282 MAIL ADDRESS: STREET 1: 224 W TREMONT AVE CITY: CHARLOTTE STATE: NC ZIP: 28203 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001512237 XXXXXXXX 03-31-2024 03-31-2024 false Global Endowment Management, LP

224 W TREMONT AVE CHARLOTTE NC 28203

13F HOLDINGS REPORT 028-14333 N Michael D. Smith Chief Investment Officer 704-333-8282 /s/ Michael D. Smith Charlotte NC 05-13-2024 0 128 959781564 false INFORMATION TABLE 2 infotable.xml INFORMATION TABLE ABRDN JAPAN EQUITY FUND INC COM 00306J109 BBG001S73FJ4 138829 22284 SH SOLE 22284 0 0 ADAMS DIVERSIFIED EQUITY FD COM 006212104 BBG001S5NDV7 1326950 67979 SH SOLE 67979 0 0 AECOM COM 00766T100 BBG001SKTTF1 970992 9900 SH SOLE 9900 0 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 573164 7921 SH SOLE 7921 0 0 ALLY FINL INC COM 02005N100 BBG001S5RLN4 3977861 98001 SH SOLE 98001 0 0 ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 3526781 23367 SH SOLE 23367 0 0 AMAZON COM INC COM 023135106 BBG001S5PQL7 8004723 44377 SH SOLE 44377 0 0 ANSYS INC COM 03662Q105 BBG001S926L8 485677 1399 SH SOLE 1399 0 0 APOGEE THERAPEUTICS INC COM 03770N101 BBG01H51WZL7 518111 7797 SH SOLE 7797 0 0 APPFOLIO INC COM CL A 03783C100 BBG008GC8CS3 1895703 7683 SH SOLE 7683 0 0 APPLE INC COM 037833100 BBG001S5N8V8 16054815 93625 SH SOLE 93625 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 10328812 24562 SH SOLE 24562 0 0 BROOKFIELD CORP CL A LTD VT SH 11271J107 BBG001SF86D7 1426888 34079 SH SOLE 34079 0 0 COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 BBG001SC5GP2 993604 15209 SH SOLE 15209 0 0 COUPANG INC CL A 22266T109 BBG00XMJRPR7 1968766 110667 SH SOLE 110667 0 0 CREDIT ACCEP CORP MICH COM 225310101 BBG001S71KS5 1757238 3186 SH SOLE 3186 0 0 CRH PLC ORD G25508105 BBG001S61NK9 816623 9467 SH SOLE 9467 0 0 DBX ETF TR XTRACK HRVST CSI 233051879 BBG005HJL932 1371990 57000 SH SOLE 57000 0 0 ENSTAR GROUP LIMITED SHS G3075P101 BBG001SKW104 1290276 4152 SH SOLE 4152 0 0 EQUITABLE HLDGS INC COM 29452E101 BBG00J7CBWL8 871645 22932 SH SOLE 22932 0 0 EXPEDIA GROUP INC COM NEW 30212P303 BBG001SP8VM0 612574 4447 SH SOLE 4447 0 0 FAIR ISAAC CORP COM 303250104 BBG001S8ZT61 471103 377 SH SOLE 377 0 0 FIRST CTZNS BANCSHARES INC N CL A 31946M103 BBG001S5R2V7 1442070 882 SH SOLE 882 0 0 FORTREA HLDGS INC COMMON STOCK 34965K107 BBG01GZF9W47 978653 24381 SH SOLE 24381 0 0 FRONTIER GROUP HLDGS INC COM 35909R108 BBG00GCTTKY4 665134 82014 SH SOLE 82014 0 0 GARRETT MOTION INC COM 366505105 BBG00HY28Q04 858438 86362 SH SOLE 86362 0 0 GEN DIGITAL INC COM 668771108 BBG001S5QG38 935222 41751 SH SOLE 41751 0 0 GENERAL ELECTRIC CO COM NEW 369604301 BBG001S5PVD5 1653844 9422 SH SOLE 9422 0 0 GLOBAL X FDS GB MSCI AR ETF 37950E259 BBG001V0LJT6 1003721 18660 SH SOLE 18660 0 0 GLOBAL X FDS GLB X MLP ENRG I 37954Y293 BBG004Y67XK8 5388900 110000 SH SOLE 110000 0 0 GODADDY INC CL A 380237107 BBG006MDLXZ9 940302 7923 SH SOLE 7923 0 0 GOLUB CAP BDC INC COM 38173M102 BBG001T63BY7 831500 50000 SH SOLE 50000 0 0 HUMANA INC COM 444859102 BBG001S5S1X6 839409 2421 SH SOLE 2421 0 0 IAC INC COM NEW 44891N208 BBG00S1LR2D2 1161105 21768 SH SOLE 21768 0 0 INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 BBG001SQ4YC7 636635 5699 SH SOLE 5699 0 0 INTERCONTINENTAL EXCHANGE IN COM 45866F104 BBG001SDJ4R0 514538 3744 SH SOLE 3744 0 0 INTUIT COM 461202103 BBG001S6TWR2 479050 737 SH SOLE 737 0 0 INVESCO DB COMMDY INDX TRCK UNIT 46138B103 BBG001SNZTS4 6427006 279800 SH SOLE 279800 0 0 INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 BBG001V0MBC0 1797750 85000 SH SOLE 85000 0 0 INVESCO EXCHANGE TRADED FD T S&P500 EQL ENR 46137V365 BBG00KJR2MS4 407092 4900 SH SOLE 4900 0 0 ISHARES INC MSCI AUST ETF 464286103 BBG001S6ZW40 2026855 82192 SH SOLE 82192 0 0 ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 2107300 65000 SH SOLE 65000 0 0 ISHARES INC MSCI CDA ETF 464286509 BBG001S8R7V0 2290675 59840 SH SOLE 59840 0 0 ISHARES INC MSCI CHILE ETF 464286640 BBG001T0LL05 371980 14000 SH SOLE 14000 0 0 ISHARES INC MSCI HONG KG ETF 464286871 BBG001S5VWX4 311000 20000 SH SOLE 20000 0 0 ISHARES INC MSCI ITALY ETF 46434G830 BBG001S8SYM0 377200 10000 SH SOLE 10000 0 0 ISHARES INC MSCI JPN ETF NEW 46434G822 BBG001S8SYN9 19164610 268600 SH SOLE 268600 0 0 ISHARES INC MSCI MEXICO ETF 464286822 BBG001S8SYQ6 1732750 25000 SH SOLE 25000 0 0 ISHARES INC MSCI SINGPOR ETF 46434G780 BBG001S8SYS4 1836000 100000 SH SOLE 100000 0 0 ISHARES INC MSCI SPAIN ETF 464286764 BBG001S8SYT3 1286800 40000 SH SOLE 40000 0 0 ISHARES INC MSCI STH KOR ETF 464286772 BBG001SF9FC7 1577085 23500 SH SOLE 23500 0 0 ISHARES INC MSCI SWITZERLAND 464286749 BBG001S8SYW9 761600 16000 SH SOLE 16000 0 0 ISHARES INC MSCI TAIWAN ETF 46434G772 BBG001SFGL81 340760 7000 SH SOLE 7000 0 0 ISHARES TR 1 3 YR TREAS BD 464287457 BBG001SKXPR1 9098025 111250 SH SOLE 111250 0 0 ISHARES TR 10-20 YR TRS ETF 464288653 BBG001SSD830 2122656 20210 SH SOLE 20210 0 0 ISHARES TR 20 YR TR BD ETF 464287432 BBG001S8MLN3 3216134 33990 SH SOLE 33990 0 0 ISHARES TR 3 7 YR TREAS BD 464288661 BBG001SSD812 10094000 87160 SH SOLE 87160 0 0 ISHARES TR 7-10 YR TRSY BD 464287440 BBG001S80936 2769752 29260 SH SOLE 29260 0 0 ISHARES TR CHINA LG-CAP ETF 464287184 BBG001SMDNB1 1371990 57000 SH SOLE 57000 0 0 ISHARES TR CORE US AGGBD ET 464287226 BBG001SM1QT8 10646078 108700 SH SOLE 108700 0 0 ISHARES TR IBOXX HI YD ETF 464288513 BBG001ST0ZQ7 2603955 33500 SH SOLE 33500 0 0 ISHARES TR LATN AMER 40 ETF 464287390 BBG001SJRVW2 1422000 50000 SH SOLE 50000 0 0 ISHARES TR MSCI INDIA ETF 46429B598 BBG002DMN4B6 2387224 46273 SH SOLE 46273 0 0 ISHARES TR MSCI INDONIA ETF 46429B309 BBG001S56QM7 234312 10400 SH SOLE 10400 0 0 ISHARES TR MSCI IRELAND ETF 46429B507 BBG001S56P85 3772167 54400 SH SOLE 54400 0 0 ISHARES TR MSCI UK ETF NEW 46435G334 BBG001S8SYX8 4207830 123000 SH SOLE 123000 0 0 ISHARES TR TIPS BD ETF 464287176 BBG001SD9RM5 9645418 89800 SH SOLE 89800 0 0 ISHARES TR U.S. REAL ES ETF 464287739 BBG001SFGXJ3 5663700 63000 SH SOLE 63000 0 0 J P MORGAN EXCHANGE TRADED F BETBULD MSCI 46641Q738 BBG00L53HC42 58943872 666183 SH SOLE 666183 0 0 KASPI KZ JSC SPONSORED ADS 48581R205 BBG00QD4Z4X6 2841400 22088 SH SOLE 22088 0 0 KELLANOVA COM 487836108 BBG001S5SJL0 796560 13904 SH SOLE 13904 0 0 KRANESHARES TRUST CALIFORNIA CARB 500767553 BBG012TH9ZK6 1174650 41000 SH SOLE 41000 0 0 KRANESHARES TRUST CSI CHI INTERNET 500767306 BBG004XB9HZ5 1968750 75000 SH SOLE 75000 0 0 KRANESHARES TRUST GLOBAL CARB STRA 500767678 BBG00WC70964 461400 15000 SH SOLE 15000 0 0 LAUDER ESTEE COS INC CL A 518439104 BBG001S8L5H6 490814 3184 SH SOLE 3184 0 0 LINDE PLC SHS G54950103 BBG01FND0CH6 533504 1149 SH SOLE 1149 0 0 MERCADOLIBRE INC COM 58733R102 BBG001SM32G3 1496840 990 SH SOLE 990 0 0 META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 8962350 18457 SH SOLE 18457 0 0 MICROSOFT CORP COM 594918104 BBG001S5TD05 6100020 14499 SH SOLE 14499 0 0 MOODYS CORP COM 615369105 BBG001S5VP87 1278134 3252 SH SOLE 3252 0 0 NEW AMER HIGH INCOME FD INC COM NEW 641876800 BBG001S5S2K8 728000 100000 SH SOLE 100000 0 0 NUVEEN CR STRATEGIES INCOME COM SHS 67073D102 BBG001SLL7N6 111400 20000 SH SOLE 20000 0 0 NUVEEN S&P 500 BUY-WRITE INC COM 6706ER101 BBG001S7ZM04 132300 10000 SH SOLE 10000 0 0 OTIS WORLDWIDE CORP COM 68902V107 BBG00RP60LN7 516700 5205 SH SOLE 5205 0 0 ROYAL GOLD INC COM 780287108 BBG001S5VNX4 752542 6178 SH SOLE 6178 0 0 SALESFORCE INC COM 79466L302 BBG001SDLP09 912575 3030 SH SOLE 3030 0 0 SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 BBG00L5F9FV7 816600 10000 SH SOLE 10000 0 0 SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 801544 19030 SH SOLE 19030 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 BBG001S7T107 17678027 231509 SH SOLE 231509 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 BBG001S7SCQ6 19717671 133471 SH SOLE 133471 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 BBG001S7TCZ5 208270 1000 SH SOLE 1000 0 0 SEMRUSH HLDGS INC CL A COM 81686C104 BBG00Z6S6285 662669 49975 SH SOLE 49975 0 0 SIMPLIFY EXCHANGE TRADED FUN SIMPLIFY INTERST 82889N855 BBG010Z8GX02 376320 8400 SH SOLE 8400 0 0 SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 3620672 17600 SH SOLE 17600 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 BBG001S72SM3 54273743 103760 SH SOLE 103760 0 0 SPDR SER TR BLOOMBERG HIGH Y 78468R622 BBG001SQS7X7 285600 3000 SH SOLE 3000 0 0 SPDR SER TR BLOOMBERG SHT TE 78468R408 BBG002QLYD04 1261000 50000 SH SOLE 50000 0 0 SPDR SER TR COMP SOFTWARE 78464A599 BBG0024LG5C2 623964 4000 SH SOLE 4000 0 0 SPDR SER TR HLTH CR EQUIP 78464A581 BBG001V08KL6 505655 5750 SH SOLE 5750 0 0 SPDR SER TR S&P BIOTECH 78464A870 BBG001SQDKG3 493428 5200 SH SOLE 5200 0 0 SPDR SER TR S&P OILGAS EXP 78468R556 BBG001SB12P9 3098600 20000 SH SOLE 20000 0 0 SPROTT PHYSICAL GOLD TR UNIT 85207H104 BBG001T66XM9 8234800 476000 SH SOLE 476000 0 0 SPYRE THERAPEUTICS INC COM NEW 00773J202 BBG0067L94C1 689719 18184 SH SOLE 18184 0 0 STELLANTIS N.V SHS N82405106 BBG0078ZLDH8 661060 23359 SH SOLE 23359 0 0 TRANSDIGM GROUP INC COM 893641100 BBG001SPV1C1 1452056 1179 SH SOLE 1179 0 0 TXO PARTNERS LP COM UNIT 87313P103 BBG004DFHP63 37243809 2074864 SH SOLE 2074864 0 0 UNITED STS OIL FD LP UNITS 91232N207 BBG001SQNKR0 1417140 18000 SH SOLE 18000 0 0 UPWORK INC COM 91688F104 BBG00FBJ63B7 564181 46018 SH SOLE 46018 0 0 VANECK ETF TRUST FALLEN ANGEL HG 92189F437 BBG002VZY7Y3 1451000 50000 SH SOLE 50000 0 0 VANECK ETF TRUST GOLD MINERS ETF 92189F106 BBG001SR42Z0 1581000 50000 SH SOLE 50000 0 0 VANECK ETF TRUST VANECK VIETNAM 92189F817 BBG001T5CFW2 365848 26320 SH SOLE 26320 0 0 VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 BBG001SK7DK4 234587637 3229900 SH SOLE 3229900 0 0 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 BBG001SMD2X3 14218436 164413 SH SOLE 164413 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 BBG001SHTB03 88255283 339574 SH SOLE 339574 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 BBG001SHTTZ6 14523429 347700 SH SOLE 347700 0 0 VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 BBG001T2YZG9 22100000 200000 SH SOLE 200000 0 0 VANGUARD MALVERN FDS STRM INFPROIDX 922020805 BBG003H12XS7 2394500 50000 SH SOLE 50000 0 0 VANGUARD STAR FDS VG TL INTL STK F 921909768 BBG001TJR1D8 129333008 2144826 SH SOLE 2144826 0 0 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 BBG001SSPWL4 3662410 73000 SH SOLE 73000 0 0 VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 BBG004N1LYJ5 4887718 76550 SH SOLE 76550 0 0 VANGUARD WORLD FD MATERIALS ETF 92204A801 BBG001SHTTP7 1410567 6900 SH SOLE 6900 0 0 VIRTUS EQUITY & CONV INCM FD COM 92841M101 BBG001SHZGR6 1343400 60000 SH SOLE 60000 0 0 VISA INC COM CL A 92826C839 BBG001SRCFY3 1310839 4697 SH SOLE 4697 0 0 WARNER BROS DISCOVERY INC COM SER A 934423104 BBG011386VG3 651197 74593 SH SOLE 74593 0 0 WATERS CORP COM 941848103 BBG001S8MDG9 507051 1473 SH SOLE 1473 0 0 WIX COM LTD SHS M98068105 BBG004336Q89 2851198 20739 SH SOLE 20739 0 0 WORKDAY INC CL A 98138H101 BBG001T21KQ7 1256559 4607 SH SOLE 4607 0 0 ZOETIS INC CL A 98978V103 BBG0039320P7 418795 2475 SH SOLE 2475 0 0