Makena Capital Management’s iShares North American Natural Resources ETF IGE Stock Holding History

Makena Capital Management’s Portfolio IGE Stock Details IGE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-49,493	Closed	-$1.57M	–	24
2017 Q2	$1.57M	Hold	49,493	–	–	0.22%	19
2017 Q1	$1.7M	Sell	49,493 -35,914	-42%	-$1.26M	0.24%	19
2016 Q4	$3.07M	Sell	85,407 -19,756	-19%	-$688K	0.65%	18
2016 Q3	$3.62M	Sell	105,163 -42,550	-29%	-$1.43M	0.34%	16
2016 Q2	$4.91M	Sell	147,713 -1,307,066	-90%	-$41.8M	0.6%	14
2016 Q1	$43.3M	Buy	1,454,779 +510,034	+54%	+$13.9M	4.77%	4
2015 Q4	$26.6M	Sell	944,745 -418,189	-31%	-$13M	2.72%	5
2015 Q3	$39.6M	Buy	1,362,934 +644,078	+90%	+$20.7M	3.71%	5
2015 Q2	$26.1M	Sell	718,856 -147,949	-17%	-$5.72M	2.24%	8
2015 Q1	$32.5M	Sell	866,805 -618,754	-42%	-$23.3M	3.54%	4
2014 Q4	$56.9M	Buy	1,485,559 +1,295,060	+680%	+$52.5M	5.92%	3
2014 Q3	$8.53M	Hold	190,499	–	–	0.75%	9
2014 Q2	$9.52M	Sell	190,499 -140,000	-42%	-$6.56M	0.87%	6
2014 Q1	$14.6M	Buy	330,499 +42,550	+15%	+$1.82M	1.6%	3
2013 Q4	$12.5M	Hold	287,949	–	–	0.51%	6
2013 Q3	$11.9M	Buy	287,949 +98,449	+52%	+$4.02M	0.74%	4
2013 Q2	$7.25M	Buy	+189,500	New	+$7.48M	0.4%	4

Other funds holding IGE

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

MML Investors Services Springfield, Massachusetts $49B AUM 25.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

TSS

Two Sigma Securities New York $861M AUM 21.33% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

TFF

The Family Firm Bethesda, Maryland $415M AUM 12.42% 1-Year Est. Return

VIA

Virtus Investment Advisers Hartford, Connecticut $363M AUM 34.89% 1-Year Est. Return

Makena Capital Management's IGE Position: Q3 2017 in Review

Makena Capital Management sold out of iShares North American Natural Resources ETF (IGE) in Q3 2017, closing a stake of 49,493 shares — an estimated $1.57M sold.

Makena Capital Management first reported a position in IGE in Q2 2013 and held it in 17 quarters. The position peaked at $56.9M in Q4 2014. 128 funds tracked by Wall St. Rank hold IGE as of Q3 2017.

Makena Capital Management reported no remaining iShares North American Natural Resources ETF position as of Q3 2017 after selling out during the quarter.
Makena Capital Management sold 49,493 iShares North American Natural Resources ETF shares in Q3 2017, an estimated $1.57M.
Makena Capital Management first reported a position in iShares North American Natural Resources ETF in Q2 2013 and held it in 17 quarters.
Makena Capital Management's iShares North American Natural Resources ETF position peaked at $56.9M in Q4 2014.
128 funds tracked by Wall St. Rank held iShares North American Natural Resources ETF as of Q3 2017.

Based on Makena Capital Management's 13F filing for Q3 2017, filed 8 Nov 2017.