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MCM

Makena Capital Management Portfolio holdings

AUM $866M
1-Year Est. Return 17.79%
This Fund
S&P 500
This Quarter Est. Return
+12.35%
1 Year Est. Return
+17.79%
3 Year Est. Return
+74.29%
5 Year Est. Return
+61.44%
10 Year Est. Return
–
AUM
$416M
AUM Growth
-$15.2M
Cap. Flow
-$56.7M
Cap. Flow %
-13.61%
Top 10 Hldgs %
36.41%
Holding
43
New
5
Increased
6
Reduced
28
Closed
4

Top Buys

Rank Stock Value
1
LLYVK icon
Liberty Live Group Series C
LLYVK
+$7.96M
2
CPNG icon
Coupang
CPNG
+$6.49M
3
SHW icon
Sherwin-Williams
SHW
+$6.36M
4
SNDA icon
Sonida Senior Living
SNDA
+$5.3M
5
GWRE icon
Guidewire Software
GWRE
+$5.23M

Top Sells

Rank Stock Value
1
CRM icon
Salesforce
CRM
+$14.4M
2
INTU icon
Intuit
INTU
+$10.1M
3
GTM
ZoomInfo Technologies
GTM
+$10.1M
4
PLNT icon
Planet Fitness
PLNT
+$6.7M
5
USFD icon
US Foods
USFD
+$6.42M

Sector Composition

Rank Sector Weight
1 Real Estate 37.69%
2 Technology 13.4%
3 Consumer Discretionary 13.18%
4 Communication Services 9.34%
5 Financials 7.3%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AMZN icon
1
Amazon
AMZN
$2.96T
$18.3M 4.4%
98,317
-21,344
-18% -$3.89M
MSFT icon
2
Microsoft
MSFT
$3.71T
$18.2M 4.36%
42,239
-6,181
-13% -$2.64M
GWRE icon
3
Guidewire Software
GWRE
$14.2B
$16.5M 3.95%
89,967
+34,422
+62% +$5.23M
GE icon
4
GE Aerospace
GE
$384B
$16.3M 3.91%
86,422
-29,576
-25% -$5.01M
GOOGL icon
5
Alphabet (Google) Class A
GOOGL
$4.33T
$15.2M 3.66%
91,834
+314
+0.3% +$52.7K
EQIX icon
6
Equinix
EQIX
$103B
$14.7M 3.53%
16,556
-470
-3% -$385K
META icon
7
Meta Platforms (Facebook)
META
$1.51T
$13.4M 3.22%
23,450
-6,417
-21% -$3.3M
PCOR icon
8
Procore
PCOR
$8.67B
$13.4M 3.21%
216,899
-48,295
-18% -$2.96M
WELL icon
9
Welltower
WELL
$171B
$13M 3.12%
101,577
-2,850
-3% -$333K
PLD icon
10
Prologis
PLD
$133B
$12.6M 3.04%
100,095
-2,268
-2% -$281K
BRX icon
11
Brixmor Property Group
BRX
$9.32B
$12M 2.88%
429,869
-9,487
-2% -$245K
XLV icon
12
State Street Health Care Select Sector SPDR ETF
XLV
$43.3B
$11.8M 2.84%
76,811
-17,290
-18% -$2.62M
V icon
13
Visa
V
$677B
$11.8M 2.84%
43,010
-18,515
-30% -$5.01M
SGI
14
Somnigroup International
SGI
$13.7B
$11.2M 2.69%
205,205
+9,554
+5% +$485K
CPT icon
15
Camden Property Trust
CPT
$11.3B
$10.8M 2.59%
87,378
-2,116
-2% -$250K
MTZ icon
16
MasTec
MTZ
$21.9B
$10.7M 2.58%
87,146
+25,532
+41% +$2.79M
IRT icon
17
Independence Realty Trust
IRT
$4.07B
$10.7M 2.57%
522,320
-13,377
-2% -$263K
MCO icon
18
Moody's
MCO
$82.7B
$10.5M 2.52%
22,072
+1,287
+6% +$596K
EQR icon
19
Equity Residential
EQR
$25.1B
$10.4M 2.51%
140,138
-3,282
-2% -$237K
LLYVK icon
20
Liberty Live Group Series C
LLYVK
$9.46B
$10.2M 2.45%
+199,147
New +$7.96M
CRH icon
21
CRH
CRH
$66.8B
$9.88M 2.37%
106,482
-41,924
-28% -$3.52M
GIL icon
22
Gildan
GIL
$10.6B
$9.78M 2.35%
207,633
-148,113
-42% -$6.26M
IVT icon
23
InvenTrust Properties
IVT
$2.59B
$9.52M 2.29%
335,628
-7,410
-2% -$206K
AMH icon
24
American Homes 4 Rent
AMH
$12.5B
$9.42M 2.26%
245,381
-6,606
-3% -$252K
EGP icon
25
EastGroup Properties
EGP
$10.9B
$9.19M 2.21%
49,200
-1,296
-3% -$239K
1
2

Similar funds

EI
EAM Investors Solana Beach, California $866M AUM 377.14% 1-Year Est. Return
OMG
One Madison Group New York $866M AUM 33.81% 1-Year Est. Return
RWM
RMG Wealth Management Platteville, Wisconsin $866M AUM 11.95% 1-Year Est. Return
HP
Havemeyer Place Greenwich, Connecticut $867M AUM
WFAL
Wedbush Fund Advisers, LLC Pasadena, California $863M AUM
WCM
Wallace Capital Management Dallas, Texas $871M AUM 13.69% 1-Year Est. Return
TSS
Two Sigma Securities New York $861M AUM 21.33% 1-Year Est. Return
F1I
Fund 1 Investments Rincon, Puerto Rico $872M AUM 50.95% 1-Year Est. Return

Makena Capital Management's Q3 2024 Portfolio in Review

As of Q3 2024, Makena Capital Management held 43 positions worth $416M, down 3.5% from $432M the previous quarter. Its ten largest holdings account for 36% of the portfolio.

Makena Capital Management withdrew a net $56.7M in Q3 2024, closing 4 positions and reducing 28 holdings. Its most notable exit was Salesforce, an estimated $14.4M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 38% of assets, up from 33% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Makena Capital Management opened a new position in Liberty Live Group Series C worth $10.2M.

  • Makena Capital Management's largest Q3 2024 buy was Liberty Live Group Series C: 199,147 shares worth $10.2M.
  • Makena Capital Management added most to Guidewire Software in Q3 2024, an estimated $5.23M increase.
  • Makena Capital Management's biggest Q3 2024 reduction was US Foods, cutting an estimated $6.42M.
  • Makena Capital Management fully exited Salesforce in Q3 2024, selling an estimated $14.4M.
  • Makena Capital Management's ten largest holdings make up 36% of its $416M portfolio in Q3 2024.
  • Makena Capital Management opened 5 new positions and closed 4 in Q3 2024.
  • Makena Capital Management's portfolio value fell 3.5% quarter-over-quarter to $416M.

Based on Makena Capital Management's 13F filing for Q3 2024, filed 8 Nov 2024.