GEM

Global Endowment Management Portfolio holdings

AUM $751M
This Quarter Return
+3.9%
1 Year Return
+11.47%
3 Year Return
+32.65%
5 Year Return
+50.86%
10 Year Return
+150.34%
AUM
$638M
AUM Growth
+$638M
Cap. Flow
+$23.2M
Cap. Flow %
3.64%
Top 10 Hldgs %
33.15%
Holding
268
New
22
Increased
62
Reduced
46
Closed
32

Top Buys

1
FIG
Fortress Investment Group Llc
FIG
$8.98M
2
KKR icon
KKR & Co
KKR
$8.47M
3
CLNY
Colony Capital, Inc.
CLNY
$7.39M
4
BX icon
Blackstone
BX
$6.22M
5
BND icon
Vanguard Total Bond Market
BND
$5.46M

Top Sells

1
TRLA
TRULIA INC (DEL)
TRLA
$7.12M
2
EOG icon
EOG Resources
EOG
$4.69M
3
PXD
Pioneer Natural Resource Co.
PXD
$4.55M
4
RRC icon
Range Resources
RRC
$3.86M
5
GPOR
Gulfport Energy Corp.
GPOR
$3.85M

Sector Composition

1 Financials 17.4%
2 Real Estate 13.34%
3 Consumer Discretionary 10.13%
4 Communication Services 8.43%
5 Energy 4.96%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
VMO icon
101
Invesco Municipal Opportunity Trust
VMO
$619M
$1.88M 0.29%
144,830
– –
NQI
102
DELISTED
NUVEEN QUALITY MUNICIPAL FUND INC
NQI
$1.88M 0.29%
140,087
-13
-0% -$174
NEA icon
103
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.29B
$1.84M 0.29%
132,690
– –
BUD icon
104
AB InBev
BUD
$116B
$1.83M 0.29%
14,990
+730
+5% +$89K
GLD icon
105
SPDR Gold Trust
GLD
$111B
$1.82M 0.28%
16,000
– –
NWSA icon
106
News Corp Class A
NWSA
$16.3B
$1.8M 0.28%
112,100
-42,200
-27% -$676K
PMO
107
Putnam Municipal Opportunities Trust
PMO
$276M
$1.79M 0.28%
146,170
-16,100
-10% -$197K
WPZ
108
DELISTED
Williams Partners L.P.
WPZ
$1.77M 0.28%
35,906
+5,246
+17% +$166K
VGM icon
109
Invesco Trust Investment Grade Municipals
VGM
$517M
$1.75M 0.27%
129,950
– –
EWG icon
110
iShares MSCI Germany ETF
EWG
$2.49B
$1.72M 0.27%
57,530
– –
TWO
111
Two Harbors Investment
TWO
$1.05B
$1.72M 0.27%
161,500
– –
JPS
112
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
$1.7M 0.27%
185,000
– –
NQU
113
DELISTED
NUVEEN QUALITY INCOME MUNI FD
NQU
$1.68M 0.26%
119,950
– –
EWJ icon
114
iShares MSCI Japan ETF
EWJ
$15.2B
$1.62M 0.25%
129,600
+109,000
+529% +$1.37M
GTU
115
DELISTED
CENTRAL GOLD TR (CANADA)
GTU
$1.61M 0.25%
40,000
– –
IEF icon
116
iShares 7-10 Year Treasury Bond ETF
IEF
$35.6B
$1.61M 0.25%
14,850
+8,350
+128% +$905K
ET icon
117
Energy Transfer Partners
ET
$60.3B
$1.55M 0.24%
24,430
-8,220
-25% -$521K
IGR
118
CBRE Global Real Estate Income Fund
IGR
$702M
$1.52M 0.24%
170,000
– –
XLE icon
119
Energy Select Sector SPDR Fund
XLE
$27.1B
$1.44M 0.23%
18,600
– –
KMX icon
120
CarMax
KMX
$9.04B
$1.42M 0.22%
20,500
– –
CTCM
121
DELISTED
CTC MEDIA INC COM STK
CTCM
$1.41M 0.22%
+357,000
New +$1.41M
VCV icon
122
Invesco California Value Municipal Income Trust
VCV
$489M
$1.41M 0.22%
105,200
-300
-0.3% -$4.01K
WMB icon
123
Williams Companies
WMB
$70.5B
$1.37M 0.22%
+27,140
New +$1.37M
BTZ icon
124
BlackRock Credit Allocation Income Trust
BTZ
$1.02B
$1.35M 0.21%
100,000
– –
EWP icon
125
iShares MSCI Spain ETF
EWP
$1.34B
$1.33M 0.21%
38,300
+14,300
+60% +$497K
3 4
5
6 7