GLOBAL ENDOWMENT MANAGEMENT, LP Information

550 S. TRYON ST., CHARLOTTE, North Carolina, 28202, (704) 333-8282

Report Date: 12/31/2014

Position Statistics

Total Positions 289
New Positions 46
Increased Positions 77
Decreased Positions 96
Positions with Activity 173
Sold Out Positions 45
Total Mkt Value (in $ millions) 625

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 2.75%
Capital Goods 2.35%
Conglomerates 0.36%
Consumer Cyclical 3.78%
Consumer/Non-Cyclical 0.52%
Energy 8.9%
Financial 39.7%
Healthcare 0.15%
Services 31.6%
Technology 3.29%
Transportation 0.7%
Utilities 2.08%

289 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INVESCO MUN TR COM 2,045 New 162,270
WISDOMTREE TR EUROPE HEDGED EQ 2,007 -1,218 (37.78) 30,800
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 1,954 New 162,270
INVESCO MUN OPPORTUNITY TR COM 1,861 New 144,830
NUVEEN QUALITY MUN FD INC COM 1,851 New 140,100
OASIS PETE INC NEW COM 1,847 1,847 New 103,830
NUVEEN AMT-FREE MUN INCOME FD COM 1,847 New 132,690
SEMGROUP CORP CL A 1,841 -205 (10) 21,600
MORNINGSTAR INC COM 1,833 1,833 New 24,000
SPDR GOLD TRUST GOLD SHS 1,809 New 16,000
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 1,731 1,731 New 14,260
ISHARES MSCI GERMANY ETF 1,726 New 57,530
INVESCO TR INVT GRADE MUNS COM 1,724 New 129,950
SELECT SECTOR SPDR TR TECHNOLOGY 1,724 New 40,000
NUVEEN QUALITY PFD INCOME FD 2 COM 1,713 -139 (7.5) 185,000
TWO HBRS INVT CORP COM 1,702 -3,636 (68.12) 161,500
CENTRAL GOLDTRUST TR UNIT 1,662 1,247 300 40,000
NUVEEN QUALITY INCOME MUN FD COM 1,657 New 119,950
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 1,633 298 22.34 32,546
SUNOCO LOGISTICS PRTNRS L P COM UNITS 1,575 36 2.32 35,326