Makena Capital Management’s Vanguard S&P 500 ETF VOO Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$290M	Sell	422,234 -20,503	-5%	-$13.7M	30.47%	1
2026 Q1	$265M	Buy	442,737 +40,800	+10%	+$25.5M	30.55%	1
2025 Q4	$252M	Sell	401,937 -107,821	-21%	-$67M	30.21%	1
2025 Q3	$312M	Sell	509,758 -96,334	-16%	-$56.8M	32.23%	1
2025 Q2	$344M	Sell	606,092 -143,356	-19%	-$75.3M	34.49%	1
2025 Q1	$385M	Buy	749,448 +464,592	+163%	+$251M	39.76%	1
2024 Q4	$153M	Buy	+284,856	New	+$154M	24.9%	1

Other funds holding VOO

Vanguard Global Advisers Malvern, Pennsylvania $215B AUM

Raymond James Financial St Petersburg, Florida $369B AUM 28.27% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $177B AUM 39.86% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Jones Financial Companies Des Peres, Missouri $250B AUM 21.32% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

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

Acorns Advisers Irvine, California $15.3B AUM 18.32% 1-Year Est. Return

Makena Capital Management's VOO Position: Q2 2026 in Review

Makena Capital Management reduced its Vanguard S&P 500 ETF (VOO) stake by 4.6% in Q2 2026, selling an estimated $13.7M and leaving 422,234 shares worth $290M. The position accounts for 30.47% of the portfolio, ranked #1.

Makena Capital Management first reported a position in VOO in Q4 2024 and has held it in 7 quarters since. The position peaked at $385M in Q1 2025. 3,983 funds tracked by Wall St. Rank hold VOO as of Q2 2026.

Makena Capital Management held 422,234 shares of Vanguard S&P 500 ETF worth $290M as of Q2 2026.
Makena Capital Management sold 20,503 Vanguard S&P 500 ETF shares in Q2 2026, an estimated $13.7M.
Vanguard S&P 500 ETF made up 30.47% of Makena Capital Management's portfolio in Q2 2026, its #1 holding.
Makena Capital Management first reported a position in Vanguard S&P 500 ETF in Q4 2024 and has held it in 7 quarters since.
Makena Capital Management's Vanguard S&P 500 ETF position peaked at $385M in Q1 2025.
3,983 funds tracked by Wall St. Rank held Vanguard S&P 500 ETF as of Q2 2026.

Based on Makena Capital Management's 13F filing for Q2 2026, filed 10 Aug 2026.