Global Endowment Management’s Globalstar GSAT Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-37,167	Closed	-$2.04M	–	256
2014 Q3	$2.04M	Buy	+37,167	New	+$2.04M	0.31%	102