MAKENA CAPITAL MANAGEMENT LLC
•CIK: 1359262•Filing: Q4 2025
**MAKENA CAPITAL MANAGEMENT LLC** Manages $834M across a concentrated portfolio of 26 positions. The fund exhibits significant exposure to broad market indices, notably VOO ($252.1M) and IEFA ($83.6M). Core technology and sector allocations are evident through substantial holdings in AMZN ($34.0M), MSFT ($33.9M), and XLV ($28.2M). This structure suggests a systematic, large-cap growth orientation across global equity themes.
Total AUM
$834.5M
QoQ Performance
-13.8%
Positions
25
Top 10 Concentration
69.3%
Latest Filing
Q4 2025
Top Holdings Allocation
VOO
IEFA
VOO30.2%
IEFA10.0%
IEMG4.7%
AMZN4.1%
MSFT4.1%
XLV3.4%
V3.4%
GWRE3.4%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other48.9%
ETF30.2%
Technology6.1%
Consumer4.1%
Financial3.4%
Industrial2.7%
Communication2.7%
Materials2.0%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW4 new positions
↑5 increased
↓16 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023