Instuitional Investor - Global Endowment Management, Lp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	2,334,551	$167,877,563	21.47%
2.	Vanguard Index Fds		339,574	$98,411,941	12.58%
3.	Vanguard Star Fds		1,503,642	$88,609,623	11.33%
4.	J P Morgan Exchange Traded F		526,475	$49,299,119	6.3%
5.	Txo Partners Lp		1,985,130	$33,429,589	4.27%