MAKENA CAPITAL MANAGEMENT LLC
13F filer · CIK 1359262 · Menlo Park, CA
Summary
MAKENA CAPITAL MANAGEMENT LLC reported $951.85M across 26 positions in its 13F for 2026 Q2, filed Aug 10, 2026. The largest holdings are VOO (30.5%), IEFA (10.3%), IEMG (5.1%). Versus 2026 Q1, leaving options aside, it opened 2 new positions, added to 12, trimmed 10 and sold out of 3.
Reported value$951.85M
Positions26
Report period2026 Q2
FiledAug 10, 2026
New positions2
Added12
Trimmed10
Sold out3
Top 25 holdings
By reported value, options listed separately · change vs 2026 Q1
Weight 30.5%Value $289.99MPrice $703.61Shares 422K -4.63%Since Jun 30 +2.45%
Weight 10.3%Value $98.31MPrice $97.93Shares 1.02M -5.57%Since Jun 30 +1.40%
Weight 5.1%Value $48.93MPrice $81.62Shares 591K -14.67%Since Jun 30 -1.47%
Weight 3.8%Value $35.93MPrice $279.96Shares 202K +30.37%Since Jun 30 +57.75%
Weight 3.7%Value $34.82MPrice $145.18Shares 283K +41.04%Since Jun 30 +17.98%
Weight 3.6%Value $34.12MPrice $452.88Shares 71K -14.66%Since Jun 30 -5.17%
Weight 3.3%Value $31.29MPrice $171.26Shares 197K +13.42%Since Jun 30 +7.94%
Weight 3.3%Value $30.96MPrice $367.74Shares 90K +0.21%Since Jun 30 +7.18%
Weight 3.3%Value $30.94MPrice $246.67Shares 130K -11.80%Since Jun 30 +3.50%
Weight 2.8%Value $27.03MPrice $460.08Shares 60K +21.63%Since Jun 30 +1.58%
Weight 2.7%Value $25.33MPrice $99.92Shares 240K +4.32%Since Jun 30 -5.41%
Weight 2.6%Value $25.15MPrice $204.09Shares 60K -23.70%Since Jun 30 -50.95%
Weight 2.6%Value $25.12MPrice $318.24Shares 67K +0.68%Since Jun 30 -14.85%
Weight 2.6%Value $24.45MPrice $1712Shares 14KSince Jun 30 +0.88%
Weight 2.4%Value $22.64MPrice $395.92Shares 56K +20.79%Since Jun 30 -2.78%
Weight 2.3%Value $22.03MPrice $83.75Shares 206K +9.03%Since Jun 30 -21.73%
Weight 2.1%Value $20.22MPrice $49.06Shares 498K +55.21%Since Jun 30 +20.78%
Weight 2.0%Value $19.04MPrice $13.75Shares 1.10M +24.16%Since Jun 30 -20.84%
Weight 2.0%Value $18.95MPrice $228.86Shares 95K -10.78%Since Jun 30 +14.38%
Weight 2.0%Value $18.81MPrice $342.75Shares 53K -14.42%Since Jun 30 -4.09%
Weight 1.7%Value $16.36MPrice $64.17Shares 234KSince Jun 30 -8.30%
Weight 1.6%Value $15.21MPrice $148.89Shares 104K -8.06%Since Jun 30 +1.90%
Weight 1.4%Value $13.65MPrice $172.97Shares 58KSince Jun 30 -26.70%
Weight 1.2%Value $11.20MPrice $82.28Shares 135K -11.51%Since Jun 30 -0.95%
Weight 0.8%Value $7.55MPrice $37.61Shares 185KSince Jun 30 -7.82%
| Stock | Weight | Value | Since Jun 30 | Shares change | Action |
|---|---|---|---|---|---|
| 30.5% | $289.99M | +2.45% | -4.63% | Trim | |
| 10.3% | $98.31M | +1.40% | -5.57% | Trim | |
| 5.1% | $48.93M | -1.47% | -14.67% | Trim | |
| 3.8% | $35.93M | +57.75% | +30.37% | Add | |
| 3.7% | $34.82M | +17.98% | +41.04% | Add | |
| 3.6% | $34.12M | -5.17% | -14.66% | Trim | |
| 3.3% | $31.29M | +7.94% | +13.42% | Add | |
| 3.3% | $30.96M | +7.18% | +0.21% | Add | |
| 3.3% | $30.94M | +3.50% | -11.80% | Trim | |
| 2.8% | $27.03M | +1.58% | +21.63% | Add | |
| 2.7% | $25.33M | -5.41% | +4.32% | Add | |
| 2.6% | $25.15M | -50.95% | -23.70% | Trim | |
| 2.6% | $25.12M | -14.85% | +0.68% | Add | |
| 2.6% | $24.45M | +0.88% | — | New | |
| 2.4% | $22.64M | -2.78% | +20.79% | Add | |
| 2.3% | $22.03M | -21.73% | +9.03% | Add | |
| 2.1% | $20.22M | +20.78% | +55.21% | Add | |
| 2.0% | $19.04M | -20.84% | +24.16% | Add | |
| 2.0% | $18.95M | +14.38% | -10.78% | Trim | |
| 2.0% | $18.81M | -4.09% | -14.42% | Trim | |
| 1.7% | $16.36M | -8.30% | — | New | |
| 1.6% | $15.21M | +1.90% | -8.06% | Trim | |
| 1.4% | $13.65M | -26.70% | — | Hold | |
| 1.2% | $11.20M | -0.95% | -11.51% | Trim | |
| 0.8% | $7.55M | -7.82% | — | Hold |
Weight is the share of the reported 13F value, including options at notional value. “Since Jun 30” compares the latest close with the quarter-end price implied by the filing (value ÷ shares).
Largest buys in 2026 Q2
Largest sells in 2026 Q2
Source: SEC Form 13F, values as reported by the filer. Filings lag up to 45 days after quarter end and cover only certain long positions. Research only, not investment advice.