0001085146-19-001499.txt : 20190514 0001085146-19-001499.hdr.sgml : 20190514 20190514104307 ACCESSION NUMBER: 0001085146-19-001499 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190514 DATE AS OF CHANGE: 20190514 EFFECTIVENESS DATE: 20190514 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: 19821014 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 03-31-2019 03-31-2019 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 05-10-2019 1 207 707669 1 Kinney Asset Management, LLC INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M CO COM 88579Y101 308 1480 SH SOLE 1480 0 0 ABERDEEN JAPAN EQUITY FD INC COM 00306J109 139 20000 SH SOLE 20000 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1218 6920 SH SOLE 6920 0 0 ADAMS DIVERSIFIED EQUITY FD COM 006212104 1040 72000 SH SOLE 72000 0 0 ADVANSIX INC COM 00773T101 608 21280 SH SOLE 21280 0 0 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 913 6400 SH SOLE 6400 0 0 ALLERGAN PLC SHS G0177J108 4106 28040 SH SOLE 28040 0 0 ALLIANCE DATA SYSTEMS CORP COM 018581108 1523 8700 SH SOLE 8700 0 0 ALLIANZGI EQUITY & CONV INCO COM 018829101 1291 60000 SH SOLE 60000 0 0 ALPHABET INC CAP STK CL C 02079K107 3415 2910 SH SOLE 2910 0 0 ALPHABET INC CAP STK CL A 02079K305 6249 5310 SH SOLE 5310 0 0 ALTABA INC COM 021346101 984 13270 SH SOLE 13270 0 0 ALTRIA GROUP INC COM 02209S103 371 6460 SH SOLE 6460 0 0 AMAZON COM INC COM 023135106 77966 43782 SH SOLE 43782 0 0 AMC NETWORKS INC CL A 00164V103 377 6640 SH SOLE 6640 0 0 AMERICAN CAMPUS CMNTYS INC COM 024835100 200 4200 SH SOLE 4200 0 0 AMERISOURCEBERGEN CORP COM 03073E105 4111 51700 SH SOLE 51700 0 0 AMETEK INC NEW COM 031100100 1116 13450 SH SOLE 13450 0 0 APARTMENT INVT & MGMT CO CL A 03748R754 923 18334 SH SOLE 18334 0 0 APPLE INC COM 037833100 389 2050 SH SOLE 2050 0 0 APPLIED MATLS INC COM 038222105 4097 103300 SH SOLE 103300 0 0 ARCH CAP GROUP LTD ORD G0450A105 1078 33350 SH SOLE 33350 0 0 AUDENTES THERAPEUTICS INC COM 05070R104 15279 391581 SH SOLE 391581 0 0 AUTOZONE INC COM 053332102 358 350 SH SOLE 350 0 0 BANK AMER CORP COM 060505104 1145 41500 SH SOLE 41500 0 0 BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 1769 78050 SH SOLE 78050 0 0 BARCLAYS BK PLC ETN+ SEL MLP 06742C723 3887 190000 SH SOLE 190000 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 180359 897800 SH SOLE 897800 0 0 BIOGEN INC COM 09062X103 258 1090 SH SOLE 1090 0 0 BOOKING HLDGS INC COM 09857L108 803 460 SH SOLE 460 0 0 BRANDYWINE RLTY TR SH BEN INT NEW 105368203 693 43700 SH SOLE 43700 0 0 BRIXMOR PPTY GROUP INC COM 11120U105 924 50300 SH SOLE 50300 0 0 CAMPBELL SOUP CO COM 134429109 4416 115800 SH SOLE 115800 0 0 CARDINAL HEALTH INC COM 14149Y108 4006 83200 SH SOLE 83200 0 0 CARMAX INC COM 143130102 970 13900 SH SOLE 13900 0 0 CARVANA CO CL A 146869102 2062 35500 SH SOLE 35500 0 0 CATERPILLAR INC DEL COM 149123101 4268 31500 SH SOLE 31500 0 0 CDW CORP COM 12514G108 881 9140 SH SOLE 9140 0 0 CELGENE CORP COM 151020104 527 5590 SH SOLE 5590 0 0 CHARTER COMMUNICATIONS INC N CL A 16119P108 968 2790 SH SOLE 2790 0 0 CIMPRESS N V SHS EURO N20146101 1724 21520 SH SOLE 21520 0 0 CITIGROUP INC COM NEW 172967424 962 15460 SH SOLE 15460 0 0 CLOROX CO DEL COM 189054109 278 1730 SH SOLE 1730 0 0 COMCAST CORP NEW CL A 20030N101 448 11200 SH SOLE 11200 0 0 COMPASS MINERALS INTL INC COM 20451N101 4225 77700 SH SOLE 77700 0 0 CORESITE RLTY CORP COM 21870Q105 909 8490 SH SOLE 8490 0 0 CORNERSTONE ONDEMAND INC COM 21925Y103 2080 37980 SH SOLE 37980 0 0 CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 917 33600 SH SOLE 33600 0 0 CREDIT ACCEP CORP MICH COM 225310101 17052 37730 SH SOLE 37730 0 0 CROWN HOLDINGS INC COM 228368106 734 13450 SH SOLE 13450 0 0 CUBESMART COM 229663109 916 28600 SH SOLE 28600 0 0 DBX ETF TR XTRACK HRVST CSI 233051879 960 33400 SH SOLE 33400 0 0 DEERE & CO COM 244199105 997 6240 SH SOLE 6240 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 796 15400 SH SOLE 15400 0 0 DISCOVERY INC COM SER A 25470F104 343 12690 SH SOLE 12690 0 0 DISNEY WALT CO COM DISNEY 254687106 361 3250 SH SOLE 3250 0 0 DUKE REALTY CORP COM NEW 264411505 908 29700 SH SOLE 29700 0 0 ELLINGTON FINANCIAL INC COM 28852N109 537 30000 SH SOLE 30000 0 0 EMERSON ELEC CO COM 291011104 4259 62200 SH SOLE 62200 0 0 EMPIRE ST RLTY TR INC CL A 292104106 908 57500 SH SOLE 57500 0 0 EQT CORP COM 26884L109 860 41500 SH SOLE 41500 0 0 EQUINIX INC COM 29444U700 952 2100 SH SOLE 2100 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 904 12000 SH SOLE 12000 0 0 EXPEDIA GROUP INC COM NEW 30212P303 1640 13780 SH SOLE 13780 0 0 F5 NETWORKS INC COM 315616102 303 1930 SH SOLE 1930 0 0 FACEBOOK INC CL A 30303M102 9829 58970 SH SOLE 58970 0 0 FASTENAL CO COM 311900104 1784 27750 SH SOLE 27750 0 0 GARTNER INC COM 366651107 911 6010 SH SOLE 6010 0 0 GCI LIBERTY INC COM CLASS A 36164V305 859 15450 SH SOLE 15450 0 0 GENERAL DYNAMICS CORP COM 369550108 4165 24600 SH SOLE 24600 0 0 GENERAL MLS INC COM 370334104 4539 87700 SH SOLE 87700 0 0 GENERAL MTRS CO COM 37045V100 999 26930 SH SOLE 26930 0 0 GENPACT LIMITED SHS G3922B107 20466 581750 SH SOLE 581750 0 0 GILEAD SCIENCES INC COM 375558103 4161 64000 SH SOLE 64000 0 0 GOLDMAN SACHS GROUP INC COM 38141G104 756 3940 SH SOLE 3940 0 0 GRANITE PT MTG TR INC COM 38741L107 371 20000 SH SOLE 20000 0 0 GRUBHUB INC COM 400110102 851 12250 SH SOLE 12250 0 0 GTT COMMUNICATIONS INC COM 362393100 711 20500 SH SOLE 20500 0 0 GUIDEWIRE SOFTWARE INC COM 40171V100 4333 44600 SH SOLE 44600 0 0 GULFPORT ENERGY CORP COM NEW 402635304 1460 182090 SH SOLE 182090 0 0 HCP INC COM 40414L109 898 28700 SH SOLE 28700 0 0 HEALTHCARE TR AMER INC CL A NEW 42225P501 688 24060 SH SOLE 24060 0 0 HERBALIFE NUTRITION LTD COM SHS G4412G101 1071 20200 SH SOLE 20200 0 0 HIGHWOODS PPTYS INC COM 431284108 206 4400 SH SOLE 4400 0 0 HOME DEPOT INC COM 437076102 349 1820 SH SOLE 1820 0 0 HONEYWELL INTL INC COM 438516106 329 2070 SH SOLE 2070 0 0 HORMEL FOODS CORP COM 440452100 311 6940 SH SOLE 6940 0 0 HOST HOTELS & RESORTS INC COM 44107P104 859 45460 SH SOLE 45460 0 0 INTEL CORP COM 458140100 4141 77100 SH SOLE 77100 0 0 INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 1096 21130 SH SOLE 21130 0 0 INVESCO MORTGAGE CAPITAL INC COM 46131B100 474 30000 SH SOLE 30000 0 0 INVESCO QUALITY MUNI INC TRS COM 46133G107 354 29200 SH SOLE 29200 0 0 INVITATION HOMES INC COM 46187W107 932 38300 SH SOLE 38300 0 0 ISHARES INC MSCI SWITZERLAND 464286749 886 25050 SH SOLE 25050 0 0 ISHARES INC MSCI STH KOR ETF 464286772 1067 17500 SH SOLE 17500 0 0 ISHARES INC MSCI GERMANY ETF 464286806 1069 39700 SH SOLE 39700 0 0 ISHARES INC MSCI NETHERL ETF 464286814 271 9060 SH SOLE 9060 0 0 ISHARES INC MSCI HONG KG ETF 464286871 262 10000 SH SOLE 10000 0 0 ISHARES INC MSCI JPN ETF NEW 46434G822 3792 69300 SH SOLE 69300 0 0 ISHARES INC MSCI ITALY ETF 46434G830 1390 50000 SH SOLE 50000 0 0 ISHARES TR TIPS BD ETF 464287176 2940 26000 SH SOLE 26000 0 0 ISHARES TR CHINA LG-CAP ETF 464287184 3542 80000 SH SOLE 80000 0 0 ISHARES TR 20 YR TR BD ETF 464287432 2219 17550 SH SOLE 17550 0 0 ISHARES TR BARCLAYS 7 10 YR 464287440 8715 81700 SH SOLE 81700 0 0 ISHARES TR NASDAQ BIOTECH 464287556 274 2450 SH SOLE 2450 0 0 ISHARES TR JPMORGAN USD EMG 464288281 1651 15000 SH SOLE 15000 0 0 ISHARES TR 3 7 YR TREAS BD 464288661 1873 15200 SH SOLE 15200 0 0 ISHARES TR MSCI IRELAND ETF 46429B507 1045 25100 SH SOLE 25100 0 0 ISHARES TR MSCI INDIA ETF 46429B598 1600 45400 SH SOLE 45400 0 0 ISHARES TR MSCI CHINA ETF 46429B671 936 15000 SH SOLE 15000 0 0 ISHARES TR MSCI UK ETF NEW 46435G334 3202 97000 SH SOLE 97000 0 0 JBG SMITH PPTYS COM 46590V100 1025 24800 SH SOLE 24800 0 0 JP MORGAN EXCHANGE TRADED FD BETBULD MSCI 46641Q738 10446 125000 SH SOLE 125000 0 0 JPMORGAN CHASE & CO COM 46625H100 749 7400 SH SOLE 7400 0 0 JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1786 70000 SH SOLE 70000 0 0 KELLOGG CO COM 487836108 4435 77300 SH SOLE 77300 0 0 KEURIG DR PEPPER INC COM 49271V100 383 13700 SH SOLE 13700 0 0 KINDER MORGAN INC DEL COM 49456B101 1039 51930 SH SOLE 51930 0 0 L BRANDS INC COM 501797104 805 29200 SH SOLE 29200 0 0 LAM RESEARCH CORP COM 512807108 970 5420 SH SOLE 5420 0 0 LEAR CORP COM NEW 521865204 404 2980 SH SOLE 2980 0 0 LENNAR CORP CL A 526057104 461 9400 SH SOLE 9400 0 0 LIBERTY BROADBAND CORP COM SER C 530307305 1165 12700 SH SOLE 12700 0 0 LIBERTY GLOBAL PLC SHS CL A G5480U104 748 30010 SH SOLE 30010 0 0 LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 752 19670 SH SOLE 19670 0 0 LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 364 10380 SH SOLE 10380 0 0 LIBERTY PPTY TR SH BEN INT 531172104 1884 38900 SH SOLE 38900 0 0 LOCKHEED MARTIN CORP COM 539830109 330 1100 SH SOLE 1100 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 388 4620 SH SOLE 4620 0 0 MACERICH CO COM 554382101 583 13450 SH SOLE 13450 0 0 MANHATTAN ASSOCS INC COM 562750109 842 15280 SH SOLE 15280 0 0 MCKESSON CORP COM 58155Q103 4095 34990 SH SOLE 34990 0 0 MICROCHIP TECHNOLOGY INC COM 595017104 3990 48100 SH SOLE 48100 0 0 MICROSOFT CORP COM 594918104 602 5100 SH SOLE 5100 0 0 MOHAWK INDS INC COM 608190104 1884 14932 SH OTR 1 0 0 14932 MONRO INC COM 610236101 670 7740 SH SOLE 7740 0 0 MORGAN STANLEY CHINA A SH FD COM 617468103 934 40000 SH SOLE 40000 0 0 MORGAN STANLEY EM MKTS DM DE COM 617477104 166 25000 SH SOLE 25000 0 0 MPLX LP COM UNIT REP LTD 55336V100 591 17970 SH SOLE 17970 0 0 NUVEEN MARYLAND QLT MUN INC COM 67061Q107 188 15000 SH SOLE 15000 0 0 NUVEEN PFD & INCM OPPORTNYS COM 67073B106 762 80000 SH SOLE 80000 0 0 NUVEEN QUALITY MUNCP INCOME COM 67066V101 1086 80000 SH SOLE 80000 0 0 OAKTREE CAP GROUP LLC UNIT CL A 674001201 497 10000 SH SOLE 10000 0 0 ORACLE CORP COM 68389X105 305 5670 SH SOLE 5670 0 0 PACKAGING CORP AMER COM 695156109 396 3980 SH SOLE 3980 0 0 POST HLDGS INC COM 737446104 1279 11690 SH SOLE 11690 0 0 PTC INC COM 69370C100 977 10600 SH SOLE 10600 0 0 QURATE RETAIL INC COM SER A 74915M100 4457 278923 SH OTR 1 0 0 278923 QURATE RETAIL INC COM SER A 74915M100 857 53630 SH SOLE 53630 0 0 REALPAGE INC COM 75606N109 630 10380 SH SOLE 10380 0 0 RETAIL PPTYS AMER INC CL A 76131V202 682 56000 SH SOLE 56000 0 0 RYANAIR HLDGS PLC SPONSORED ADS 783513203 2640 35231 SH OTR 1 0 0 35231 S&P GLOBAL INC COM 78409V104 392 1860 SH SOLE 1860 0 0 SABRA HEALTH CARE REIT INC COM 78573L106 949 48800 SH SOLE 48800 0 0 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 633 6900 SH SOLE 6900 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 853 15200 SH SOLE 15200 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 565 21990 SH SOLE 21990 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 854 11380 SH SOLE 11380 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1578 21320 SH SOLE 21320 0 0 SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 904 19320 SH SOLE 19320 0 0 SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1899 32650 SH SOLE 32650 0 0 SIMON PPTY GROUP INC NEW COM 828806109 910 5000 SH SOLE 5000 0 0 SITE CENTERS CORP COM 82981J109 913 67000 SH SOLE 67000 0 0 SOLAR CAP LTD COM 83413U100 729 35000 SH SOLE 35000 0 0 SOUTHWEST AIRLS CO COM 844741108 293 5640 SH SOLE 5640 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 3416 28000 SH SOLE 28000 0 0 SPDR INDEX SHS FDS EURO STOXX 50 78463X202 6950 190000 SH SOLE 190000 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 41525 147000 SH SOLE 147000 0 0 SPDR SERIES TRUST OILGAS EQUIP 78464A748 647 56000 SH SOLE 56000 0 0 SPECTRUM BRANDS HLDGS INC NE COM 84790A105 696 12700 SH SOLE 12700 0 0 SPIRIT RLTY CAP INC NEW COM NEW 84860W300 489 12300 SH SOLE 12300 0 0 STORE CAP CORP COM 862121100 914 27300 SH SOLE 27300 0 0 SUN CMNTYS INC COM 866674104 910 7680 SH SOLE 7680 0 0 SUNSTONE HOTEL INVS INC NEW COM 867892101 855 59400 SH SOLE 59400 0 0 TABLEAU SOFTWARE INC CL A 87336U105 832 6540 SH SOLE 6540 0 0 TANGER FACTORY OUTLET CTRS I COM 875465106 885 42200 SH SOLE 42200 0 0 TEXAS INSTRS INC COM 882508104 342 3220 SH SOLE 3220 0 0 THE CHARLES SCHWAB CORPORATI COM 808513105 2144 50150 SH SOLE 50150 0 0 TRANSDIGM GROUP INC COM 893641100 2093 4610 SH SOLE 4610 0 0 TRIPADVISOR INC COM 896945201 748 14540 SH SOLE 14540 0 0 TWO HBRS INVT CORP COM NEW 90187B408 271 20000 SH SOLE 20000 0 0 TYLER TECHNOLOGIES INC COM 902252105 1430 7000 SH SOLE 7000 0 0 UNITED CONTL HLDGS INC COM 910047109 3283 41160 SH SOLE 41160 0 0 UNITED TECHNOLOGIES CORP COM 913017109 278 2160 SH SOLE 2160 0 0 UNITEDHEALTH GROUP INC COM 91324P102 749 3030 SH SOLE 3030 0 0 VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 9529 425000 SH SOLE 425000 0 0 VANECK VECTORS ETF TR VIETNAM ETF 92189F817 331 20000 SH SOLE 20000 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 5829 71800 SH SOLE 71800 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 2550 60000 SH SOLE 60000 0 0 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 5526 135200 SH SOLE 135200 0 0 VANGUARD WORLD FDS MATERIALS ETF 92204A801 1785 14500 SH SOLE 14500 0 0 VERINT SYS INC COM 92343X100 1159 19360 SH SOLE 19360 0 0 VISA INC COM CL A 92826C839 10673 68330 SH SOLE 68330 0 0 WABCO HLDGS INC COM 92927K102 1114 8450 SH SOLE 8450 0 0 WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 933 32900 SH SOLE 32900 0 0 WAYFAIR INC CL A 94419L101 950 6400 SH SOLE 6400 0 0 WEINGARTEN RLTY INVS SH BEN INT 948741103 203 6900 SH SOLE 6900 0 0 WELLS FARGO CO NEW COM 949746101 5379 111310 SH SOLE 111310 0 0 WESTERN UN CO COM 959802109 4204 227600 SH SOLE 227600 0 0 WILEY JOHN & SONS INC CL A 968223206 4272 96600 SH SOLE 96600 0 0 WISDOMTREE TR JAPN HEDGE EQT 97717W851 3178 62800 SH SOLE 62800 0 0 WORKDAY INC CL A 98138H101 1014 5260 SH SOLE 5260 0 0 WORLD ACCEP CORP DEL COM 981419104 1113 9500 SH SOLE 9500 0 0 XPO LOGISTICS INC COM 983793100 1827 34000 SH SOLE 34000 0 0 ZEBRA TECHNOLOGIES CORP CL A 989207105 1067 5090 SH SOLE 5090 0 0 ZILLOW GROUP INC CL A 98954M101 6017 175941 SH SOLE 175941 0 0 ZILLOW GROUP INC CL C CAP STK 98954M200 15235 438572 SH SOLE 438572 0 0