Global Endowment Management’s AMERICAN RESIDENTIAL PPTYS INC COM ARPI Stock Holding History

Global Endowment Management’s Portfolio ARPI Stock Details ARPI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q3	–	Sell	-31,000	Closed	-$574K	–	269
2015 Q2	$574K	Hold	31,000	–	–	0.08%	170
2015 Q1	$558K	Hold	31,000	–	–	0.09%	170
2014 Q4	$545K	Hold	31,000	–	–	0.09%	181
2014 Q3	$569K	Hold	31,000	–	–	0.09%	173
2014 Q2	$581K	Buy	+31,000	New	+$563K	0.09%	167

Other funds holding ARPI

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

SCM

Scopia Capital Management New York $146M AUM 25.93% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

LPC

Long Pond Capital New York $1.05B AUM 16.49% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Forward Management San Francisco, California $907M AUM 0.46% 1-Year Est. Return

CIMLRA

CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $6.75B AUM 8.88% 1-Year Est. Return

Global Endowment Management's ARPI Position: Q3 2015 in Review

Global Endowment Management sold out of AMERICAN RESIDENTIAL PPTYS INC COM (ARPI) in Q3 2015, closing a stake of 31,000 shares — an estimated $574K sold.

Global Endowment Management first reported a position in ARPI in Q2 2014 and held it in 5 quarters. The position peaked at $581K in Q2 2014. 100 funds tracked by Wall St. Rank hold ARPI as of Q3 2015.

Global Endowment Management reported no remaining AMERICAN RESIDENTIAL PPTYS INC COM position as of Q3 2015 after selling out during the quarter.
Global Endowment Management sold 31,000 AMERICAN RESIDENTIAL PPTYS INC COM shares in Q3 2015, an estimated $574K.
Global Endowment Management first reported a position in AMERICAN RESIDENTIAL PPTYS INC COM in Q2 2014 and held it in 5 quarters.
Global Endowment Management's AMERICAN RESIDENTIAL PPTYS INC COM position peaked at $581K in Q2 2014.
100 funds tracked by Wall St. Rank held AMERICAN RESIDENTIAL PPTYS INC COM as of Q3 2015.

Based on Global Endowment Management's 13F filing for Q3 2015, filed 9 Nov 2015.