Global Endowment Management, LP

Portfolio Overview

Global Endowment Management, LP disclosed 72 positions worth $986.5M in its Form 13F-HR for Q2 2026, led by $DOV (DOVER Corp) at 21.2% of the equity portfolio. During the quarter the fund opened 6 new positions and exited 60 — including a new stake in $TPB. The portfolio is most concentrated in Other (62.4% of disclosed assets). All figures are sourced directly from Global Endowment Management, LP’s Form 13F-HR filing with the SEC under CIK 1512237.

• 

  DOVER Corp

  $DOV

  58.1#1,040

  Quality

  $209.0M1,331,484 sh

• VANGUARD INDEX FDS - TOTAL STK MKT

  —

  Quality

  $117.4M317,307 sh

• VANGUARD BD INDEX FDS - TOTAL BND MRKT

  —

  Quality

  $107.4M1,463,086 sh

• VANGUARD STAR FDS - VG TL INTL STK F

  —

  Quality

  $104.1M1,217,344 sh

• J P MORGAN EXCHANGE TRADED F - BETBULD MSCI

  —

  Quality

  $45.8M427,282 sh

• ISHARES TR - CORE US AGGBD ET

  —

  Quality

  $35.9M362,472 sh
• 

  Alphabet Inc.

  $GOOG

  78.2

  Quality

  $35.8M100,042 sh
• 

  NVIDIA CORP

  $NVDA

  85.9

  Quality

  $24.9M124,579 sh
• 

  Apple Inc.

  $AAPL

  76.4

  Quality

  $21.6M74,820 sh

• ISHARES TR - U.S. REAL ES ETF

  —

  Quality

  $20.9M204,000 sh

Company	Quality	Value	Shares
DOVER Corp$DOV	58.1#1,040	$209.0M	1,331,484
VANGUARD INDEX FDS - TOTAL STK MKT	—	$117.4M	317,307
VANGUARD BD INDEX FDS - TOTAL BND MRKT	—	$107.4M	1,463,086
VANGUARD STAR FDS - VG TL INTL STK F	—	$104.1M	1,217,344
J P MORGAN EXCHANGE TRADED F - BETBULD MSCI	—	$45.8M	427,282
ISHARES TR - CORE US AGGBD ET	—	$35.9M	362,472
Alphabet Inc.$GOOG	78.2	$35.8M	100,042
NVIDIA CORP$NVDA	85.9	$24.9M	124,579
Apple Inc.$AAPL	76.4	$21.6M	74,820
ISHARES TR - U.S. REAL ES ETF	—	$20.9M	204,000

Showing top 10 of 72 holdings.

Full Holdings — Global Endowment Management, LP (Q2 2026)

All 72 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$DOV	DOVER Corp	$209.0M	21.2%	+31%	58.1
2	—	VANGUARD INDEX FDS - TOTAL STK MKT	$117.4M	11.9%	-5%	—
3	—	VANGUARD BD INDEX FDS - TOTAL BND MRKT	$107.4M	10.9%	-2%	—
4	—	VANGUARD STAR FDS - VG TL INTL STK F	$104.1M	10.6%	-15%	—
5	—	J P MORGAN EXCHANGE TRADED F - BETBULD MSCI	$45.8M	4.7%	-2%	—
6	—	ISHARES TR - CORE US AGGBD ET	$35.9M	3.6%	+8%	—
7	$GOOG	Alphabet Inc.	$35.8M	3.6%	+0%	78.2
8	$NVDA	NVIDIA CORP	$24.9M	2.5%	+0%	85.9
9	$AAPL	Apple Inc.	$21.6M	2.2%	-6%	76.4
10	—	ISHARES TR - U.S. REAL ES ETF	$20.9M	2.1%	+0%	—
11	$MSFT	MICROSOFT CORP	$18.4M	1.9%	-2%	79.8
12	—	ISHARES TR - MSCI AC ASIA ETF	$17.9M	1.8%	-5%	—
13	—	VANGUARD INDEX FDS - S&P 500 ETF SHS	$17.9M	1.8%	+3%	—
14	—	VANGUARD INTL EQUITY INDEX F - FTSE EMR MKT ETF	$17.8M	1.8%	+0%	—
15	$DAR	DARLING INGREDIENTS INC.	$14.3M	1.4%	+2699%	63.5
16	—	SCHWAB STRATEGIC TR - US LRG CAP ETF	$13.7M	1.4%	+20%	—
17	—	ISHARES TR - TIPS BD ETF	$12.0M	1.2%	+9%	—
18	$PHYS	Sprott Physical Gold Trust	$11.9M	1.2%	+0%	—
19	$DJP	BARCLAYS BANK PLC	$11.1M	1.1%	+28%	—
20	—	ISHARES INC - MSCI JAPAN ETF	$10.9M	1.1%	-5%	—
21	$TPB	Turning Point Brands, Inc.	$10.8M	1.1%	NEW	51.8
22	—	ISHARES INC - MSCI STH KOR ETF	$10.3M	1.0%	+1173%	—
23	—	VANGUARD MALVERN FDS - TOTAL TREASURY	$10.0M	1.0%	NEW	—
24	—	MORGAN STANLEY ETF TRUST - CALVERT US LARCP	$7.2M	0.7%	+24%	—
25	—	SPDR INDEX SHS FDS - ST STR PO EX ETF	$6.0M	0.6%	+14%	—
26	$SPY	SPDR S&P 500 ETF TRUST	$5.6M	0.6%	-75%	—
27	—	ISHARES TR - ESG AWR US AGRGT	$4.4M	0.5%	+37%	—
28	—	SPDR SERIES TRUST - ST BLOO HIGH ETF	$3.9M	0.4%	+13%	—
29	—	SPDR SERIES TRUST - ST STR AGGRE ETF	$3.8M	0.4%	-13%	—
30	—	VANECK ETF TRUST - GOLD MINERS ETF	$3.0M	0.3%	-20%	—
31	$DBC	Invesco DB Commodity Index Tracking Fund	$2.9M	0.3%	+16%	—
32	—	ISHARES TR - IBOXX HI YD ETF	$2.7M	0.3%	+25%	—
33	—	SPDR INDEX SHS FDS - ST PORT MARK ETF	$2.7M	0.3%	+14%	—
34	—	FRANKLIN TEMPLETON ETF TR - FTSE SOUTH KOREA	$2.2M	0.2%	-1%	—
35	—	SPDR SERIES TRUST - ST PORT HIGH ETF	$2.2M	0.2%	NEW	—
36	—	VANGUARD INTL EQUITY INDEX F - FTSE EUROPE ETF	$2.2M	0.2%	+0%	—
37	—	KRANESHARES TRUST - CSI CHI INTERNET	$2.2M	0.2%	+17%	—
38	$CCOI	COGENT COMMUNICATIONS HOLDINGS, INC.	$2.2M	0.2%	+760%	29.3
39	—	SPDR SERIES TRUST - ST STR P500ETF	$2.2M	0.2%	+93%	—
40	—	VANGUARD TAX-MANAGED FDS - VAN FTSE DEV MKT	$2.1M	0.2%	-38%	—
41	—	SPDR SERIES TRUST - ST INTER BD ETF	$1.8M	0.2%	+46%	—
42	$WT	WisdomTree, Inc.	$1.7M	0.2%	+0%	59.9
43	—	ISHARES TR - MSCI UK ETF NEW	$1.7M	0.2%	-26%	—
44	$AMZN	AMAZON COM INC	$1.6M	0.2%	-45%	68.7
45	—	VANECK ETF TRUST - FALLEN ANGEL HG	$1.5M	0.1%	+0%	—
46	—	ISHARES INC - MSCI TAIWAN ETF	$1.4M	0.1%	NEW	—
47	—	VANGUARD INDEX FDS - REAL ESTATE ETF	$1.3M	0.1%	-59%	—
48	—	ISHARES INC - MSCI SPAIN ETF	$1.2M	0.1%	-33%	—
49	$STT	STATE STREET CORP	$1.2M	0.1%	+0%	71.5
50	—	ISHARES INC - MSCI CDA ETF	$1.2M	0.1%	+300%	—
51	—	ISHARES INC - MSCI AUST ETF	$1.1M	0.1%	+0%	—
52	$SYRE	Spyre Therapeutics, Inc.	$1.1M	0.1%	-33%	—
53	$AVGO	Broadcom Inc.	$1.0M	0.1%	+0%	84.5
54	—	PIMCO ETF TR - 15+ YR US TIPS	$1.0M	0.1%	+0%	—
55	$META	Meta Platforms, Inc.	$1.0M	0.1%	-46%	79.6
56	—	DBX ETF TR - XTRACK HRVST CSI	$953,000	0.1%	+30%	—
57	—	ISHARES INC - MSCI SINGPOR ETF	$888,000	0.1%	+0%	—
58	—	EA SERIES TRUST - STRIVE US SEMICO	$854,000	0.1%	+0%	—
59	—	ISHARES TR - INTRM GOV CR ETF	$729,000	0.1%	+19%	—
60	—	GMO ETF TRUST - US QUALITY ETF	$666,000	0.1%	+0%	—
61	—	ISHARES TR - 0-5 YR TIPS ETF	$628,000	0.1%	+118%	—
62	—	INVESCO EXCH TRADED FD TR II - CHINA TECHNLGY	$570,000	0.1%	+0%	—
63	—	GLOBAL X FDS - GB MSCI AR ETF	$548,000	0.1%	-14%	—
64	—	SCHWAB STRATEGIC TR - US LCAP GR ETF	$496,000	0.1%	-20%	—
65	$PML	PIMCO MUNICIPAL INCOME FUND II	$490,000	0.1%	+0%	—
66	—	SPDR SERIES TRUST - SP O&G EXPL PRO	$463,000	0.1%	NEW	—
67	$MMD	NYLI MacKay DefinedTerm Muni Opportunities Fund	$409,000	0.0%	-12%	—
68	$YMM	Full Truck Alliance Co. Ltd.	$350,000	0.0%	+0%	—
69	—	SIMPLIFY EXCHANGE TRADED FUN - SIMPLIFY INTERST	$347,000	0.0%	NEW	—
70	—	ROUNDHILL ETF TRUST - HUMAN ROBOT ETF	$344,000	0.0%	+0%	—
71	—	ISHARES TR - 0-5YR HI YL CP	$316,000	0.0%	-10%	—
72	—	ISHARES TR - 1 3 YR TREAS BD	$315,000	0.0%	-90%	—