13F HOLDINGS REPORT
MAKENA CAPITAL MANAGEMENT LLC
Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001359262-25-000005
Total Value
$998.3M
Positions
24
Other Managers
0
Confidential Omitted
No
Holdings (24)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 606,092 | $344.3M | 34.49% |
| 2 | ISHARES TR | 46432F842 | 1,322,675 | $110.3M | 11.05% |
| 3 | ISHARES INC | 46434G103 | 779,675 | $46.8M | 4.69% |
| 4 | MICROSOFT CORP | MSFT | 78,159 | $38.9M | 3.89% |
| 5 | AMAZON COM INC | AMZN | 175,877 | $38.6M | 3.86% |
| 6 | GE AEROSPACE | 369604301 | 126,218 | $32.5M | 3.25% |
| 7 | SELECT SECTOR SPDR TR | 81369Y209 | 224,158 | $30.2M | 3.03% |
| 8 | MOODYS CORP | MCO | 57,185 | $28.7M | 2.87% |
| 9 | GUIDEWIRE SOFTWARE INC | GWRE | 119,525 | $28.1M | 2.82% |
| 10 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 123,589 | $28.0M | 2.80% |
| 11 | SOMNIGROUP INTERNATIONAL INC | SGI | 410,797 | $28.0M | 2.80% |
| 12 | LIBERTY MEDIA CORP DEL | FWONB | 325,246 | $26.4M | 2.64% |
| 13 | VISA INC | V | 74,051 | $26.3M | 2.63% |
| 14 | MASTEC INC | MTZ | 151,806 | $25.9M | 2.59% |
| 15 | COUPANG INC | CPNG | 861,271 | $25.8M | 2.58% |
| 16 | VEEVA SYS INC | VEEV | 75,637 | $21.8M | 2.18% |
| 17 | S&P GLOBAL INC | SPGI | 40,444 | $21.3M | 2.14% |
| 18 | SHERWIN WILLIAMS CO | SHW | 56,023 | $19.2M | 1.93% |
| 19 | ALPHABET INC | GOOG | 104,925 | $18.5M | 1.85% |
| 20 | US FOODS HLDG CORP | USFD | 232,316 | $17.9M | 1.79% |
| 21 | LIBERTY MEDIA CORP DEL | FWONB | 120,696 | $12.6M | 1.26% |
| 22 | PROCORE TECHNOLOGIES INC | PCOR | 175,233 | $12.0M | 1.20% |
| 23 | SELECT SECTOR SPDR TR | 81369Y308 | 144,483 | $11.7M | 1.17% |
| 24 | SONIDA SENIOR LIVING INC | SNDA | 185,000 | $4.6M | 0.46% |