Makena Capital Management’s Health Care Select Sector SPDR Fund XLV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$30.2M	Buy	224,158 +45,671	+26%	+$6.16M	3.03%	7
2025 Q1	$26.1M	Buy	178,487 +68,600	+62%	+$10M	2.69%	7
2024 Q4	$15.1M	Buy	109,887 +33,076	+43%	+$4.55M	2.45%	8
2024 Q3	$11.8M	Sell	76,811 -17,290	-18%	-$2.66M	2.84%	12
2024 Q2	$13.7M	Buy	+94,101	New	+$13.7M	3.18%	9