Q1 2026 · 13F-HR
MAKENA CAPITAL MANAGEMENT LLCholdings as filed
Filed 2026-05-11 · accession 0001359262-26-000004
$866.1M
Reported value
27
Positions
2026-03-31
Period end
The Brief · MAKENA CAPITAL MANAGEMENT LLC · Q1 2026
AI · grounded in 13F
MAKENA CAPITAL MANAGEMENT LLC closed its position in FERG for a reduction of $19.38M. The fund established new positions in NVDA for $18.52M and JCI for $14.83M. Additionally, the fund exited USFD for $16.83M and trimmed its holding in MSFT by 20.37%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908363 | VOO | VANGUARD INDEX FDS | $264.6M | 30.5% | 442,737 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $97.6M | 11.3% | 1,077,876 | Common | SOLE |
| 46434G103 | IEMG | ISHARES INC | $48.3M | 5.57% | 692,123 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $30.7M | 3.54% | 147,183 | Common | SOLE |
| 40171V100 | GWRE | GUIDEWIRE SOFTWARE INC | $30.0M | 3.46% | 200,643 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $28.3M | 3.27% | 83,726 | Common | SOLE |
| 922475108 | VEEV | VEEVA SYS INC | $27.3M | 3.15% | 155,298 | Common | SOLE |
| 92826C839 | V | VISA INC | $27.2M | 3.14% | 90,061 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $25.5M | 2.94% | 173,873 | Common | SOLE |
| 576323109 | MTZ | MASTEC INC | $25.5M | 2.94% | 79,225 | Common | SOLE |
| 530909308 | LLYVK | LIBERTY LIVE HOLDINGS INC | $21.6M | 2.50% | 229,851 | Common | SOLE |
| 615369105 | MCO | MOODYS CORP | $21.4M | 2.47% | 49,058 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $20.6M | 2.38% | 55,744 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $19.8M | 2.29% | 188,799 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $19.6M | 2.26% | 46,029 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $18.9M | 2.19% | 66,763 | Common | SOLE |
| 88023U101 | SGI | SOMNIGROUP INTERNATIONAL INC | $18.6M | 2.14% | 251,222 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $18.5M | 2.14% | 106,176 | Common | SOLE |
| 74275K108 | PCOR | PROCORE TECHNOLOGIES INC | $18.3M | 2.11% | 320,681 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $17.7M | 2.04% | 61,488 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $16.7M | 1.92% | 882,766 | Common | SOLE |
| G51502105 | JCI | JOHNSON CONTROLS INTERNATION | $14.8M | 1.71% | 113,237 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $12.5M | 1.44% | 152,348 | Common | SOLE |
| 336433107 | FSLR | FIRST SOLAR INC | $11.4M | 1.32% | 57,851 | Common | SOLE |
| 140475203 | SNDA | SONIDA SENIOR LIVING INC | $6.0M | 0.69% | 185,000 | Common | SOLE |
| 58507V107 | MDLN | MEDLINE INC | $4.2M | 0.48% | 93,949 | Common | SOLE |
| 316841105 | FIG | FIGMA INC | $594,309 | 0.07% | 28,113 | Common | SOLE |
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.