MAKENA CAPITAL MANAGEMENT LLC
CIK: 0001359262Latest portfolio: $834.5M · Q4 2025
Holdings
26
Total Value
$834.5M
New Positions
4
Closed Positions
2
Top Holdings
View All 26 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | VOOVANGUARD INDEX FDS | 401,937 | $252.1M | 30.21% | -107,821 | |
| 2 | AQLTISHARES TR | 934,336 | $83.6M | 10.02% | -232,774 | |
| 3 | IEMGISHARES INC | 578,596 | $38.9M | 4.66% | -145,250 | |
| 4 | AMZNAMAZON COM INC | 147,183 | $34.0M | 4.07% | -26,227 | |
| 5 | MSFTMICROSOFT CORP | 70,000 | $33.9M | 4.06% | -4,517 | |
| 6 | XLVSELECT SECTOR SPDR TR | 182,397 | $28.2M | 3.38% | -53,012 | |
| 7 | VVISA INC | 80,424 | $28.2M | 3.38% | -14,067 | |
| 8 | GWREGUIDEWIRE SOFTWARE INC | 139,315 | $28.0M | 3.36% | +1K | |
| 9 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 84,495 | $25.7M | 3.08% | -8,454 | |
| 10 | VEEVVEEVA SYS INC | 113,799 | $25.4M | 3.04% | +27K | |
| 11 | GEGE AEROSPACE | 72,847 | $22.4M | 2.69% | -13,289 | |
| 12 | LLYVKLIBERTY LIVE HOLDINGS INC | 269,418 | $22.4M | 2.68% | NEW | |
| 13 | MTZMASTEC INC | 102,423 | $22.3M | 2.67% | -19,662 | |
| 14 | MCOMOODYS CORP | 38,598 | $19.7M | 2.36% | -28,021 | |
| 15 | TPDSOMNIGROUP INTERNATIONAL INC | 218,934 | $19.5M | 2.34% | -126,420 | |
| 16 | FERGFERGUSON ENTERPRISES INC | 87,063 | $19.4M | 2.32% | +2K | |
| 17 | GOOGLALPHABET INC | 54,435 | $17.0M | 2.04% | -22,859 | |
| 18 | SPGIS&P GLOBAL INC | 32,469 | $17.0M | 2.03% | -19,686 | |
| 19 | PCORPROCORE TECHNOLOGIES INC | 232,527 | $16.9M | 2.03% | +59K | |
| 20 | USFDUS FOODS HLDG CORP | 223,384 | $16.8M | 2.02% | -29,291 | |
| 21 | RHCRH PLC | 132,428 | $16.5M | 1.98% | NEW | |
| 22 | CPNGCOUPANG INC | 691,386 | $16.3M | 1.95% | +99K | |
| 23 | XLFISELECT SECTOR SPDR TR | 151,503 | $11.8M | 1.41% | -6,140 | |
| 24 | FSLRFIRST SOLAR INC | 43,539 | $11.4M | 1.36% | NEW | |
| 25 | SNDASONIDA SENIOR LIVING INC | 185,000 | $6.0M | 0.72% | — |
Quarterly Changes
Sector Breakdown
Financial Services0.0% ($2.5206638893282356e+21T)
Technology0.0% ($338532800325677.1T)
Unknown0.0% ($835762.0T)
Consumer Cyclical0.0% ($339721.7T)
Industrials0.0% ($224392.2T)
Communication Services0.0% ($2.2T)
Healthcare0.0% ($254.0B)
Consumer Defensive0.0% ($16.8M)
Energy0.0% ($11.4M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 3, 2026 | $834.5M | 26 |
| Q3 2025 | Nov 10, 2025 | $968.5B | 24 |
| Q2 2025 | Aug 13, 2025 | $998.3B | 0 |
| Q1 2025 | May 13, 2025 | $968.7B | 25 |
| Q4 2024 | Feb 12, 2025 | $616.5B | 41 |
| Q3 2024 | Nov 8, 2024 | $416.4B | 39 |
| Q2 2024 | Aug 14, 2024 | $431.6B | 38 |
| Q1 2024 | May 14, 2024 | $429.6B | 39 |
| Q4 2023 | Feb 12, 2024 | $441.5B | 41 |
| Q3 2023 | Nov 13, 2023 | $467.1B | 40 |
| Q2 2023 | Aug 11, 2023 | $523.4B | 42 |
| Q1 2023 | May 15, 2023 | $527.4B | 42 |
| Q4 2022 | Feb 13, 2023 | $532.3B | 42 |
| Q3 2022 | Nov 9, 2022 | $600.1M | 45 |
| Q2 2022 | Aug 12, 2022 | $613.0M | 44 |
| Q1 2022 | May 12, 2022 | $824.2M | 44 |
| Q4 2021 | Feb 10, 2022 | $884.4M | 47 |
| Q3 2021 | Nov 12, 2021 | $592.1M | 43 |
| Q2 2021 | Aug 13, 2021 | $676.9M | 42 |
| Q1 2021 | May 12, 2021 | $630.9M | 42 |
| Q4 2020 | Feb 12, 2021 | $180.1M | 49 |
| Q3 2020 | Nov 10, 2020 | $170.5M | 63 |
| Q2 2020 | Aug 12, 2020 | $163.8M | 62 |
| Q1 2020 | May 14, 2020 | $103.2M | 49 |
| Q4 2019 | Feb 6, 2020 | $113.2M | 40 |
| Q3 2018 | Nov 13, 2018 | $68.8M | 16 |
| Q2 2018 | Aug 15, 2018 | $75.7M | 16 |
| Q1 2018 | May 11, 2018 | $433.6M | 18 |
| Q4 2017 | Feb 12, 2018 | $402.9M | 17 |
| Q3 2017 | Nov 8, 2017 | $711.3M | 18 |
| Q2 2017 | Aug 8, 2017 | $729.0M | 23 |
| Q1 2017 | May 10, 2017 | $711.7M | 23 |
| Q4 2016 | Feb 9, 2017 | $471.4M | 22 |
| Q3 2016 | Nov 14, 2016 | $1.1B | 21 |
| Q2 2016 | Aug 15, 2016 | $812.2M | 20 |
| Q1 2016 | May 13, 2016 | $905.9M | 21 |
| Q4 2015 | Feb 9, 2016 | $976.7M | 20 |
| Q3 2015 | Nov 6, 2015 | $1.1B | 20 |
| Q2 2015 | Aug 11, 2015 | $1.2B | 21 |
| Q1 2015 | May 14, 2015 | $916.4M | 11 |
Fund Information
MAKENA CAPITAL MANAGEMENT LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $834.5M across 26 holdings. The largest position is VANGUARD INDEX FDS (VOO), representing 30.2% of the portfolio. Compared to the previous quarter, the fund opened 4 new positions and closed 2 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.