Q2 2025 · 13F-HR
MAKENA CAPITAL MANAGEMENT LLCholdings as filed
Filed 2025-08-13 · accession 0001359262-25-000005
$998.3M
Reported value
24
Positions
2025-06-30
Period end
The Brief · MAKENA CAPITAL MANAGEMENT LLC · Q2 2025
AI · grounded in 13F
MAKENA CAPITAL MANAGEMENT LLC established a new position in VOO valued at $344.3M. The fund also initiated new stakes in IEFA for $110.3M and IEMG for $46.8M. Additional new positions include MSFT at $38.9M, AMZN at $38.6M, and GE at $32.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908363 | VOO | VANGUARD INDEX FDS | $344.3M | 34.5% | 606,092 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $110.3M | 11.0% | 1,322,675 | Common | NONE |
| 46434G103 | IEMG | ISHARES INC | $46.8M | 4.69% | 779,675 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $38.9M | 3.89% | 78,159 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $38.6M | 3.86% | 175,877 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $32.5M | 3.25% | 126,218 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $30.2M | 3.03% | 224,158 | Common | NONE |
| 615369105 | MCO | MOODYS CORP | $28.7M | 2.87% | 57,185 | Common | NONE |
| 40171V100 | GWRE | GUIDEWIRE SOFTWARE INC | $28.1M | 2.82% | 119,525 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $28.0M | 2.80% | 123,589 | Common | NONE |
| 88023U101 | SGI | SOMNIGROUP INTERNATIONAL INC | $28.0M | 2.80% | 410,797 | Common | NONE |
| 531229722 | LLYVK* | LIBERTY MEDIA CORP DEL | $26.4M | 2.64% | 325,246 | Common | NONE |
| 92826C839 | V | VISA INC | $26.3M | 2.63% | 74,051 | Common | NONE |
| 576323109 | MTZ | MASTEC INC | $25.9M | 2.59% | 151,806 | Common | NONE |
| 22266T109 | CPNG | COUPANG INC | $25.8M | 2.58% | 861,271 | Common | NONE |
| 922475108 | VEEV | VEEVA SYS INC | $21.8M | 2.18% | 75,637 | Common | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $21.3M | 2.14% | 40,444 | Common | NONE |
| 824348106 | SHW | SHERWIN WILLIAMS CO | $19.2M | 1.93% | 56,023 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $18.5M | 1.85% | 104,925 | Common | NONE |
| 912008109 | USFD | US FOODS HLDG CORP | $17.9M | 1.79% | 232,316 | Common | NONE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $12.6M | 1.26% | 120,696 | Common | NONE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $12.0M | 1.20% | 175,233 | Common | NONE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $11.7M | 1.17% | 144,483 | Common | NONE |
| 140475203 | SNDA | SONIDA SENIOR LIVING INC | $4.6M | 0.46% | 185,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.