0001085146-14-001672.txt : 20140813 0001085146-14-001672.hdr.sgml : 20140813 20140813161944 ACCESSION NUMBER: 0001085146-14-001672 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140630 FILED AS OF DATE: 20140813 DATE AS OF CHANGE: 20140813 EFFECTIVENESS DATE: 20140813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Endowment Management, LP CENTRAL INDEX KEY: 0001512237 IRS NUMBER: 651297607 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14333 FILM NUMBER: 141037751 BUSINESS ADDRESS: STREET 1: 550 S. TRYON ST. STREET 2: SUITE 3500 CITY: CHARLOTTE STATE: NC ZIP: 28202 BUSINESS PHONE: 704-333-8282 MAIL ADDRESS: STREET 1: 550 S. TRYON ST. STREET 2: SUITE 3500 CITY: CHARLOTTE STATE: NC ZIP: 28202 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001512237 XXXXXXXX 06-30-2014 06-30-2014 false Global Endowment Management, LP

550 S. TRYON ST. SUITE 3500 CHARLOTTE NC 28202

13F HOLDINGS REPORT 028-14333 N Michael D. Smith 704-333-8282 /s/ Michael D. Smith Charlotte NC 08-12-2014 1 238 659987 1 0001037766 028-13011 CALEDONIA INVESTMENTS PLC INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M CO COM 88579Y101 255 1780 SH SOLE 1780 0 0 ABBOTT LABS COM 002824100 281 6870 SH SOLE 6870 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 320 3960 SH SOLE 3960 0 0 ACCESS MIDSTREAM PARTNERS L UNIT 00434L109 2221 34950 SH SOLE 34950 0 0 ACTUANT CORP CL A NEW 00508X203 3792 109700 SH SOLE 109700 0 0 AEROPOSTALE COM 007865108 3728 1068200 SH SOLE 1068200 0 0 ALLIANZGI EQUITY & CONV INCO COM 018829101 1307 64722 SH SOLE 64722 0 0 ALPHA NATURAL RESOURCES INC COM 02076X102 1020 275010 SH SOLE 275010 0 0 ALTRIA GROUP INC COM 02209S103 305 7280 SH SOLE 7280 0 0 AMAZON COM INC COM 023135106 19081 58750 SH SOLE 58750 0 0 AMERICAN CAP LTD COM 02503Y103 306 20000 SH SOLE 20000 0 0 AMERICAN CAP MTG INVT CORP COM 02504A104 3564 178000 SH SOLE 178000 0 0 AMERICAN HOMES 4 RENT CL A 02665T306 586 33000 SH SOLE 33000 0 0 AMERICAN RESIDENTIAL PPTYS I COM 02927E303 581 31000 SH SOLE 31000 0 0 AMERICAN RLTY CAP PPTYS INC COM 02917T104 2698 215300 SH SOLE 215300 0 0 AMERICAN TOWER CORP NEW COM 03027X100 4081 45350 SH SOLE 45350 0 0 ANWORTH MORTGAGE ASSET CP COM 037347101 3429 664600 SH SOLE 664600 0 0 APOLLO RESIDENTIAL MTG INC COM 03763V102 3316 198300 SH SOLE 198300 0 0 APPLE INC COM 037833100 397 4270 SH SOLE 4270 0 0 ATLAS ENERGY LP COM UNITS LP 04930A104 1243 27700 SH SOLE 27700 0 0 AUTOZONE INC COM 053332102 365 680 SH SOLE 680 0 0 AVALONBAY CMNTYS INC COM 053484101 3949 27770 SH SOLE 27770 0 0 AVIV REIT INC MD COM 05381L101 3465 123000 SH SOLE 123000 0 0 BARD C R INC COM 067383109 250 1750 SH SOLE 1750 0 0 BARRICK GOLD CORP COM 067901108 9060 495100 SH SOLE 495100 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 61761 488000 SH SOLE 488000 0 0 BLACKROCK BUILD AMER BD TR SHS 09248X100 1582 72900 SH SOLE 72900 0 0 BLACKROCK CR ALLCTN INC TR COM 092508100 1375 100000 SH SOLE 100000 0 0 BLACKROCK ENERGY & RES TR COM 09250U101 512 19000 SH SOLE 19000 0 0 BLACKROCK GLOBAL OPP EQTY TR COM 092501105 242 16100 SH SOLE 16100 0 0 BLACKROCK INCOME TR INC COM 09247F100 274 41321 SH SOLE 41321 0 0 BLACKROCK INTL GRWTH & INC T COM BENE INTER 092524107 296 35900 SH SOLE 35900 0 0 BLACKROCK MUNIASSETS FD INC COM 09254J102 500 39000 SH SOLE 39000 0 0 BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 1621 116800 SH SOLE 116800 0 0 BLACKROCK MUNIYIELD CALI QLT COM 09254N103 787 53400 SH SOLE 53400 0 0 BLACKROCK REAL ASSET EQUITY COM 09254B109 197 21000 SH SOLE 21000 0 0 BLACKROCK RES & COMM STRAT T SHS 09257A108 534 43000 SH SOLE 43000 0 0 BOSTON PROPERTIES INC COM 101121101 3796 32120 SH SOLE 32120 0 0 CAMDEN PPTY TR SH BEN INT 133131102 3920 55090 SH SOLE 55090 0 0 CAMPBELL SOUP CO COM 134429109 247 5390 SH SOLE 5390 0 0 CBL & ASSOC PPTYS INC COM 124830100 3995 210240 SH SOLE 210240 0 0 CBRE CLARION GLOBAL REAL EST COM 12504G100 1549 170000 SH SOLE 170000 0 0 CENTRAL GOLDTRUST TR UNIT 153546106 475 10000 SH SOLE 10000 0 0 CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 3896 24600 SH SOLE 24600 0 0 CHATHAM LODGING TR COM 16208T102 219 10000 SH SOLE 10000 0 0 CLOROX CO DEL COM 189054109 242 2650 SH SOLE 2650 0 0 COHEN & STEERS INFRASTRUCTUR COM 19248A109 490 20000 SH SOLE 20000 0 0 CORESITE RLTY CORP COM 21870Q105 3525 106600 SH SOLE 106600 0 0 COUSINS PPTYS INC COM 222795106 4076 327390 SH SOLE 327390 0 0 CRESTWOOD MIDSTREAM PARTNERS UNIT LTD PARTNER 226378107 1289 58420 SH SOLE 58420 0 0 CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 5002 78100 SH SOLE 78100 0 0 CUBESMART COM 229663109 3780 206340 SH SOLE 206340 0 0 DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 963 16900 SH SOLE 16900 0 0 DCT INDUSTRIAL TRUST INC COM 233153105 535 65200 SH SOLE 65200 0 0 DOUBLELINE INCOME SOLUTIONS COM 258622109 674 30000 SH SOLE 30000 0 0 DOUGLAS EMMETT INC COM 25960P109 413 14650 SH SOLE 14650 0 0 DUPONT FABROS TECHNOLOGY INC COM 26613Q106 518 19200 SH SOLE 19200 0 0 EATON VANCE MUN BD FD COM 27827X101 1044 84000 SH SOLE 84000 0 0 EATON VANCE TAX MNGD GBL DV COM 27829F108 519 50000 SH SOLE 50000 0 0 EDUCATION RLTY TR INC COM 28140H104 3999 372380 SH SOLE 372380 0 0 ELLINGTON FINANCIAL LLC COM 288522303 2446 101900 SH SOLE 101900 0 0 ELLINGTON RESIDENTIAL MTG RE COM SHS BEN INT 288578107 896 52600 SH SOLE 52600 0 0 EMERSON ELEC CO COM 291011104 220 3320 SH SOLE 3320 0 0 ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 1639 39340 SH SOLE 39340 0 0 ENTERPRISE PRODS PARTNERS L COM 293792107 1880 24010 SH SOLE 24010 0 0 EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 1896 19600 SH SOLE 19600 0 0 EQUINIX INC COM NEW 29444U502 3298 15700 SH SOLE 15700 0 0 EQUITY LIFESTYLE PPTYS INC COM 29472R108 3987 90290 SH SOLE 90290 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 4009 63630 SH SOLE 63630 0 0 ESSEX PPTY TR INC COM 297178105 1053 5695 SH SOLE 5695 0 0 EXTRA SPACE STORAGE INC COM 30225T102 593 11141 SH SOLE 11141 0 0 FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 3897 32230 SH SOLE 32230 0 0 FIRST TR ENERGY INFRASTRCTR COM 33738C103 285 12000 SH SOLE 12000 0 0 FLAHERTY&CRMN PFD SEC INCOM COM 338478100 196 10000 SH SOLE 10000 0 0 FLEETCOR TECHNOLOGIES INC COM 339041105 4758 36100 SH SOLE 36100 0 0 FORT DEARBORN INCOME SECS IN COM 347200107 264 17698 SH SOLE 17698 0 0 GENERAL DYNAMICS CORP COM 369550108 3345 28700 SH SOLE 28700 0 0 GENERAL MTRS CO COM 37045V100 2704 74500 SH SOLE 74500 0 0 GENPACT LIMITED SHS G3922B107 11745 670000 SH SOLE 670000 0 0 GOLDCORP INC NEW COM 380956409 4641 166300 SH SOLE 166300 0 0 GOOGLE INC CL A 38259P508 2905 4969 SH OTR 0 0 4969 GOOGLE INC CL C 38259P706 2859 4969 SH OTR 0 0 4969 GRACE W R & CO DEL NEW COM 38388F108 1418 15000 SH SOLE 15000 0 0 GUIDANCE SOFTWARE INC COM 401692108 2447 268300 SH SOLE 268300 0 0 HALLMARK FINL SVCS INC EC COM NEW 40624Q203 2072 192715 SH SOLE 192715 0 0 HATTERAS FINL CORP COM 41902R103 396 20000 SH SOLE 20000 0 0 HEALTH CARE REIT INC COM 42217K106 3778 60290 SH SOLE 60290 0 0 HEALTHCARE TR AMER INC CL A 42225P105 3919 325520 SH SOLE 325520 0 0 HORMEL FOODS CORP COM 440452100 289 5850 SH SOLE 5850 0 0 HORSEHEAD HLDG CORP COM 440694305 2996 164100 SH SOLE 164100 0 0 INTEL CORP COM 458140100 297 9620 SH SOLE 9620 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 315 1740 SH SOLE 1740 0 0 INTUIT COM 461202103 325 4040 SH SOLE 4040 0 0 INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 1901 167450 SH SOLE 167450 0 0 INVESCO CALIF VALUE MUN INC COM 46132H106 1777 143500 SH SOLE 143500 0 0 INVESCO MORTGAGE CAPITAL INC COM 46131B100 474 27300 SH SOLE 27300 0 0 INVESCO MUN OPPORTUNITY TR COM 46132C107 2606 206830 SH SOLE 206830 0 0 INVESCO MUN TR COM 46131J103 2583 206270 SH SOLE 206270 0 0 INVESCO TR INVT GRADE MUNS COM 46131M106 2397 183950 SH SOLE 183950 0 0 ISHARES MSCI CDA ETF 464286509 802 24890 SH SOLE 24890 0 0 ISHARES MSCI SINGAP ETF 464286673 264 19540 SH SOLE 19540 0 0 ISHARES MSCI UK ETF 464286699 2821 135120 SH SOLE 135120 0 0 ISHARES MSCI FRANCE ETF 464286707 658 22570 SH SOLE 22570 0 0 ISHARES MSCI TURKEY ETF 464286715 278 5000 SH SOLE 5000 0 0 ISHARES MSCI SZ CAP ETF 464286749 860 25050 SH SOLE 25050 0 0 ISHARES MSCI SWEDEN ETF 464286756 391 11090 SH SOLE 11090 0 0 ISHARES MSCI SPAN CP ETF 464286764 283 6600 SH SOLE 6600 0 0 ISHARES MSCI GERMANY ETF 464286806 1800 57530 SH SOLE 57530 0 0 ISHARES MSCI NETHERL ETF 464286814 232 9060 SH SOLE 9060 0 0 ISHARES MSCI MALAYSI ETF 464286830 188 11870 SH SOLE 11870 0 0 ISHARES MSCI JAPAN ETF 464286848 248 20600 SH SOLE 20600 0 0 ISHARES MSCI ITALCPD ETF 464286855 518 29790 SH SOLE 29790 0 0 ISHARES IBOXX INV CP ETF 464287242 847 7100 SH SOLE 7100 0 0 ISHARES 7-10 Y TR BD ETF 464287440 414 4000 SH SOLE 4000 0 0 ISHARES TR MSCI PHILIPS ETF 46429B408 368 10000 SH SOLE 10000 0 0 KINDER MORGAN INC DEL *W EXP 05/25/201 49456B119 274 98586 SH SOLE 98586 0 0 LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 1322 30100 SH SOLE 30100 0 0 LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 2449 83400 SH SOLE 83400 0 0 MACERICH CO COM 554382101 3829 57370 SH SOLE 57370 0 0 MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608B105 4676 74965 SH SOLE 74965 0 0 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 3209 38188 SH SOLE 38188 0 0 MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 2326 32490 SH SOLE 32490 0 0 MASONITE INTL CORP NEW COM 575385109 2200 39100 SH SOLE 39100 0 0 MATTEL INC COM 577081102 240 6150 SH SOLE 6150 0 0 MCG CAPITAL CORP COM 58047P107 1266 322900 SH SOLE 322900 0 0 MFA FINL INC COM 55272X102 3826 466000 SH SOLE 466000 0 0 MFS CHARTER INCOME TR SH BEN INT 552727109 185 20000 SH SOLE 20000 0 0 MFS INVT GRADE MUN TR SH BEN INT 59318B108 111 12000 SH SOLE 12000 0 0 MORGAN STANLEY EM MKTS DM DE COM 617477104 799 60000 SH SOLE 60000 0 0 MORGAN STANLEY EMER MKTS DEB COM 61744H105 102 10000 SH SOLE 10000 0 0 MPLX LP COM UNIT REP LTD 55336V100 1445 22400 SH SOLE 22400 0 0 NCR CORP NEW COM 62886E108 3923 111800 SH SOLE 111800 0 0 NEWMONT MINING CORP COM 651639106 3969 156000 SH SOLE 156000 0 0 NEWS CORP NEW CL A 65249B109 6302 351300 SH SOLE 351300 0 0 NRG ENERGY INC COM NEW 629377508 3850 103500 SH SOLE 103500 0 0 NUVEEN AMT-FREE MUN INCOME F COM 670657105 2463 182690 SH SOLE 182690 0 0 NUVEEN CAL AMT-FREE MUN INC COM 670651108 845 62000 SH SOLE 62000 0 0 NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 2868 206300 SH SOLE 206300 0 0 NUVEEN DIVID ADV MUN FD 3 COM SH BEN INT 67070X101 3651 266900 SH SOLE 266900 0 0 NUVEEN DIVID ADVANTAGE MUN F COM 67066V101 1516 107240 SH SOLE 107240 0 0 NUVEEN DIVID ADVANTAGE MUN I COM 67071L106 1553 109700 SH SOLE 109700 0 0 NUVEEN ENERGY MLP TOTL RTRNF COM 67074U103 267 12000 SH SOLE 12000 0 0 NUVEEN INVT QUALITY MUN FD I COM 67062E103 862 58700 SH SOLE 58700 0 0 NUVEEN MD PREM INCOME MUN FD COM 67061Q107 980 76100 SH SOLE 76100 0 0 NUVEEN MTG OPPTY TERM FD 2 COM 67074R100 833 35000 SH SOLE 35000 0 0 NUVEEN MUN ADVANTAGE FD INC COM 67062H106 3315 246680 SH SOLE 246680 0 0 NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 3255 243800 SH SOLE 243800 0 0 NUVEEN PERFORMANCE PLUS MUN COM 67062P108 953 65000 SH SOLE 65000 0 0 NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 735 75800 SH SOLE 75800 0 0 NUVEEN PREM INCOME MUN FD COM 67062T100 2741 201700 SH SOLE 201700 0 0 NUVEEN PREM INCOME MUN FD 2 COM 67063W102 3369 243430 SH SOLE 243430 0 0 NUVEEN PREMIER MUN INCOME FD COM 670988104 669 49100 SH SOLE 49100 0 0 NUVEEN QUALITY INCOME MUN FD COM 670977107 2487 181250 SH SOLE 181250 0 0 NUVEEN QUALITY MUN FD INC COM 67062N103 2282 174100 SH SOLE 174100 0 0 NUVEEN QUALITY PFD INC FD 3 COM 67072W101 521 60000 SH SOLE 60000 0 0 NUVEEN QUALITY PFD INCOME FD COM 67072C105 1806 200000 SH SOLE 200000 0 0 NUVEEN SELECT QUALITY MUN FD COM 670973106 3410 246020 SH SOLE 246020 0 0 OAKTREE CAP GROUP LLC UNIT CL A 674001201 9748 195000 SH SOLE 195000 0 0 ONEOK INC NEW COM 682680103 1650 24230 SH SOLE 24230 0 0 ORACLE CORP COM 68389X105 314 7750 SH SOLE 7750 0 0 PENNYMAC MTG INVT TR COM 70931T103 3203 146000 SH SOLE 146000 0 0 PHILIP MORRIS INTL INC COM 718172109 271 3220 SH SOLE 3220 0 0 PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 1945 32390 SH SOLE 32390 0 0 POST HLDGS INC COM 737446104 4297 84400 SH SOLE 84400 0 0 POST PPTYS INC COM 737464107 548 10254 SH SOLE 10254 0 0 POWERSHARES ETF TR II BUILD AMER ETF 73937B407 736 25100 SH SOLE 25100 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 1878 20000 SH SOLE 20000 0 0 PROLOGIS INC COM 74340W103 3796 92380 SH SOLE 92380 0 0 PS BUSINESS PKS INC CALIF COM 69360J107 3173 38000 SH SOLE 38000 0 0 PUTNAM MANAGED MUN INCOM TR COM 746823103 918 128000 SH SOLE 128000 0 0 PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 2330 198270 SH SOLE 198270 0 0 PUTNAM PREMIER INCOME TR SH BEN INT 746853100 666 120000 SH SOLE 120000 0 0 QUALCOMM INC COM 747525103 235 2970 SH SOLE 2970 0 0 REGENCY CTRS CORP COM 758849103 3999 71820 SH SOLE 71820 0 0 REGENCY ENERGY PARTNERS L P COM UNITS L P 75885Y107 1691 52500 SH SOLE 52500 0 0 RESOLUTE FST PRODS INC COM 76117W109 4405 262500 SH SOLE 262500 0 0 RETAIL PPTYS AMER INC CL A 76131V202 4109 267160 SH SOLE 267160 0 0 ROCKWELL COLLINS INC COM 774341101 263 3370 SH SOLE 3370 0 0 SCHWAB CHARLES CORP NEW COM 808513105 2141 79500 SH SOLE 79500 0 0 SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 320 3940 SH SOLE 3940 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 561 8400 SH SOLE 8400 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2743 27400 SH SOLE 27400 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 864 38000 SH SOLE 38000 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 1379 25500 SH SOLE 25500 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1534 40000 SH SOLE 40000 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 3204 72400 SH SOLE 72400 0 0 SHUTTERFLY INC COM 82568P304 4366 101400 SH SOLE 101400 0 0 SIGMA ALDRICH CORP COM 826552101 269 2650 SH SOLE 2650 0 0 SIGNET JEWELERS LIMITED SHS G81276100 3539 32000 SH SOLE 32000 0 0 SIMON PPTY GROUP INC NEW COM 828806109 3665 22040 SH SOLE 22040 0 0 SIX FLAGS ENTMT CORP NEW COM 83001A102 3127 73500 SH SOLE 73500 0 0 SOLAR CAP LTD COM 83413U100 579 27200 SH SOLE 27200 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 1665 13000 SH SOLE 13000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 21431 109500 SH SOLE 109500 0 0 SPDR SERIES TRUST S&P METALS MNG 78464A755 919 21751 SH SOLE 21751 0 0 SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 2197 65200 SH SOLE 65200 0 0 SPIRIT RLTY CAP INC NEW COM 84860W102 3974 349800 SH SOLE 349800 0 0 STRATEGIC HOTELS & RESORTS I COM 86272T106 4242 362280 SH SOLE 362280 0 0 SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 2171 46086 SH SOLE 46086 0 0 SUNSTONE HOTEL INVS INC NEW COM 867892101 4067 272400 SH SOLE 272400 0 0 SUPPORT COM INC COM 86858W101 1538 567400 SH SOLE 567400 0 0 TARGA RES CORP COM 87612G101 1950 13970 SH SOLE 13970 0 0 TEMPLETON GLOBAL INCOME FD COM 880198106 496 60000 SH SOLE 60000 0 0 TEMPUR SEALY INTL INC COM 88023U101 3719 62300 SH SOLE 62300 0 0 TESORO LOGISTICS LP COM UNIT LP 88160T107 1637 22300 SH SOLE 22300 0 0 TEXAS INSTRS INC COM 882508104 271 5670 SH SOLE 5670 0 0 TIME WARNER CABLE INC COM 88732J207 3948 26800 SH SOLE 26800 0 0 TRANSDIGM GROUP INC COM 893641100 3496 20900 SH SOLE 20900 0 0 TRULIA INC COM 897888103 7794 164500 SH SOLE 164500 0 0 TRULIA INC COM 897888103 15014 316894 SH OTR 0 0 316894 TWO HBRS INVT CORP COM 90187B101 5308 506500 SH SOLE 506500 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 8070 98150 SH SOLE 98150 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 5564 129000 SH SOLE 129000 0 0 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 8518 200000 SH SOLE 200000 0 0 VANTAGESOUTH BANCSHARES INC COM 92209W105 7000 1176471 SH SOLE 1176471 0 0 VENTAS INC COM 92276F100 522 8140 SH SOLE 8140 0 0 VIOLIN MEMORY INC COM 92763A101 6645 1500000 SH SOLE 1500000 0 0 VISA INC COM CL A 92826C839 238 1130 SH SOLE 1130 0 0 VITESSE SEMICONDUCTOR CORP COM NEW 928497304 2782 806412 SH SOLE 806412 0 0 VORNADO RLTY TR SH BEN INT 929042109 3968 37180 SH SOLE 37180 0 0 WELLS FARGO & CO NEW COM 949746101 4257 81000 SH SOLE 81000 0 0 WESCO AIRCRAFT HLDGS INC COM 950814103 2739 137200 SH SOLE 137200 0 0 WESTERN ASSET EMRG MKT DEBT COM 95766A101 184 10000 SH SOLE 10000 0 0 WESTERN ASSET GLB HI INCOME COM 95766B109 212 16500 SH SOLE 16500 0 0 WESTERN ASSET MUN HI INCM FD COM 95766N103 132 17900 SH SOLE 17900 0 0 WESTERN GAS EQUITY PARTNERS COMUNT LTD PT 95825R103 1937 30900 SH SOLE 30900 0 0 WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 1612 21075 SH SOLE 21075 0 0 WILLIAMS COS INC DEL COM 969457100 1625 27920 SH SOLE 27920 0 0 WISDOMTREE TR JAPN HEDGE EQT 97717W851 5133 104000 SH SOLE 104000 0 0 WISDOMTREE TR EUROPE SMCP DV 97717W869 1088 18000 SH SOLE 18000 0 0 WISDOMTREE TR EUROPE HEDGED EQ 97717X701 1838 31450 SH SOLE 31450 0 0 WORLD WRESTLING ENTMT INC CL A 98156Q108 1383 115900 SH SOLE 115900 0 0 YELP INC CL A 985817105 5756 75071 SH OTR 0 0 75071 ZAIS FINL CORP COM 98886K108 869 52300 SH SOLE 52300 0 0 ZHAOPIN LTD SPONSORED ADR 98954L103 160 10446 SH OTR 0 0 10446 ZILLOW INC CL A 98954A107 30129 210798 SH OTR 0 0 210798 ZILLOW INC CL A 98954A107 18409 128800 SH SOLE 128800 0 0 ZYNGA INC CL A 98986T108 2305 718000 SH SOLE 718000 0 0