MAKENA CAPITAL MANAGEMENT LLC Diversified Active

Location: Menlo Park, CA

CIK: 0001359262 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $527M (100.0% shares, 0.0% debt)

Holdings (42)

SNOW SNOWFLAKE INC 20.1%

Value $106M Shares 687,612 Est. Cost $311.19 Unrealized -52.9%

MSFT MICROSOFT CORP 3.9%

Value $20.56M Shares 71,310 Est. Cost $242.55 Unrealized +2.8%

AMZN AMAZON COM INC 3.6%

Value $18.96M Shares 183,570 Est. Cost $117.37 Unrealized -17.7%

V VISA INC 3.3%

Value $17.31M Shares 76,791 Est. Cost $204.68 Unrealized +6.4%

GOOGL ALPHABET INC 3.0%

Value $16.03M Shares 154,573 Est. Cost $107.78 Unrealized -11.7%

UNH UNITEDHEALTH GROUP INC 2.9%

Value $15.21M Shares 32,194 Est. Cost $362.58 Unrealized +26.1%

INTU INTUIT 2.8%

Value $14.89M Shares 33,406 Est. Cost $496.18 Unrealized -18.7%

ALIT ALIGHT INC 2.4%

Value $12.89M Shares 1,399,203 Est. Cost $8.77 Unrealized 0.0%

FR FIRST INDL RLTY TR INC 2.4%

Value $12.47M Shares 234,441 Est. Cost $50.88 Unrealized —

MELI MERCADOLIBRE INC 2.3%

Value $12.07M Shares 9,155 Est. Cost $1137.53 Unrealized 0.0%

DDOG DATADOG INC 2.3%

Value $12.06M Shares 166,031 Est. Cost $102.51 Unrealized -28.4%

HLT HILTON WORLDWIDE HLDGS INC 2.2%

Value $11.76M Shares 83,498 Est. Cost $134.42 Unrealized +3.9%

XLP SELECT SECTOR SPDR TR 2.2%

Value $11.51M Shares 154,003 Est. Cost $70.55 Unrealized —

COLD AMERICOLD REALTY TRUST INC 2.2%

Value $11.37M Shares 399,514 Est. Cost $29.65 Unrealized —

UDR UDR INC 2.1%

Value $11.22M Shares 273,242 Est. Cost $34.74 Unrealized +5.7%

ELS EQUITY LIFESTYLE PPTYS INC 2.1%

Value $11.08M Shares 165,069 Est. Cost $71.14 Unrealized —

— JAMF HLDG CORP 2.1%

Value $10.98M Shares 565,252 Est. Cost $31.20 Unrealized —

GDDY GODADDY INC 2.1%

Value $10.95M Shares 140,861 Est. Cost $77.75 Unrealized -0.7%

SUI SUN CMNTYS INC 2.0%

Value $10.39M Shares 73,746 Est. Cost $143.00 Unrealized —

INVH INVITATION HOMES INC 1.9%

Value $10.27M Shares 328,948 Est. Cost $31.95 Unrealized -11.8%

AMH AMERICAN HOMES 4 RENT 1.9%

Value $10.12M Shares 321,826 Est. Cost $34.81 Unrealized —

WELL WELLTOWER INC 1.9%

Value $10.07M Shares 140,519 Est. Cost $59.61 Unrealized +13.7%

REXR REXFORD INDL RLTY INC 1.9%

Value $10.03M Shares 168,171 Est. Cost $70.87 Unrealized —

TEAM ATLASSIAN CORPORATION 1.8%

Value $9.577M Shares 55,977 Est. Cost $159.19 Unrealized +0.2%

POST POST HLDGS INC 1.7%

Value $9.153M Shares 101,843 Est. Cost $69.42 Unrealized +31.0%

WAB WABTEC 1.7%

Value $9.141M Shares 90,449 Est. Cost $86.69 Unrealized +15.9%

CCI CROWN CASTLE INC 1.7%

Value $9.013M Shares 67,344 Est. Cost $147.36 Unrealized -20.2%

APLE APPLE HOSPITALITY REIT INC 1.7%

Value $8.893M Shares 572,988 Est. Cost $15.78 Unrealized —

VICI VICI PPTYS INC 1.6%

Value $8.688M Shares 266,347 Est. Cost $24.17 Unrealized +16.3%

SBAC SBA COMMUNICATIONS CORP NEW 1.6%

Value $8.315M Shares 31,850 Est. Cost $263.49 Unrealized -0.9%

— SITE CTRS CORP 1.5%

Value $8.105M Shares 660,019 Est. Cost $13.66 Unrealized —

DOC HEALTHPEAK PROPERTIES INC 1.5%

Value $7.985M Shares 363,464 Est. Cost $23.37 Unrealized -11.2%

UBER UBER TECHNOLOGIES INC 1.5%

Value $7.984M Shares 251,864 Est. Cost $41.86 Unrealized -24.2%

BRBR BELLRING BRANDS INC 1.5%

Value $7.69M Shares 226,172 Est. Cost $24.93 Unrealized +18.5%

MRNA MODERNA INC 1.4%

Value $7.418M Shares 48,300 Est. Cost $168.36 Unrealized -2.0%

SCHW SCHWAB CHARLES CORP 1.4%

Value $7.336M Shares 140,054 Est. Cost $53.74 Unrealized +30.7%

— GMS INC 1.3%

Value $7.088M Shares 122,446 Est. Cost $57.89 Unrealized —

LBRDK LIBERTY BROADBAND CORP 1.2%

Value $6.239M Shares 76,368 Est. Cost $135.74 Unrealized -40.5%

— RADIUS GLOBAL INFRASTRCTRE I 1.1%

Value $5.578M Shares 380,240 Est. Cost $14.74 Unrealized —

Value $4.775M Shares 19,605 Est. Cost $290.30 Unrealized 0.0%

CLBT CELLEBRITE DI LTD 0.8%

Value $3.956M Shares 649,554 Est. Cost $9.42 Unrealized -42.5%

RIVN RIVIAN AUTOMOTIVE INC 0.4%

Value $2.18M Shares 140,854 Est. Cost $29.44 Unrealized -42.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SNOW	SNOWFLAKE INC	687,612	$106M	20.1%	$311.19	-52.9%	CL A	833445109
MSFT	MICROSOFT CORP	71,310	$20.56M	3.9%	$242.55	+2.8%	COM	594918104
AMZN	AMAZON COM INC	183,570	$18.96M	3.6%	$117.37	-17.7%	COM	023135106
V	VISA INC	76,791	$17.31M	3.3%	$204.68	+6.4%	COM CL A	92826C839
GOOGL	ALPHABET INC	154,573	$16.03M	3.0%	$107.78	-11.7%	CAP STK CL A	02079K305
UNH	UNITEDHEALTH GROUP INC	32,194	$15.21M	2.9%	$362.58	+26.1%	COM	91324P102
INTU	INTUIT	33,406	$14.89M	2.8%	$496.18	-18.7%	COM	461202103
ALIT	ALIGHT INC	1,399,203	$12.89M	2.4%	$8.77	0.0%	COM CL A	01626W101
FR	FIRST INDL RLTY TR INC	234,441	$12.47M	2.4%	$50.88	—	COM	32054K103
MELI	MERCADOLIBRE INC	9,155	$12.07M	2.3%	$1137.53	0.0%	COM	58733R102
DDOG	DATADOG INC	166,031	$12.06M	2.3%	$102.51	-28.4%	CL A COM	23804L103
HLT	HILTON WORLDWIDE HLDGS INC	83,498	$11.76M	2.2%	$134.42	+3.9%	COM	43300A203
XLP	SELECT SECTOR SPDR TR	154,003	$11.51M	2.2%	$70.55	—	SBI CONS STPLS	81369Y308
COLD	AMERICOLD REALTY TRUST INC	399,514	$11.37M	2.2%	$29.65	—	COM	03064D108
UDR	UDR INC	273,242	$11.22M	2.1%	$34.74	+5.7%	COM	902653104
ELS	EQUITY LIFESTYLE PPTYS INC	165,069	$11.08M	2.1%	$71.14	—	COM	29472R108
—	JAMF HLDG CORP	565,252	$10.98M	2.1%	$31.20	—	COM	47074L105
GDDY	GODADDY INC	140,861	$10.95M	2.1%	$77.75	-0.7%	CL A	380237107
SUI	SUN CMNTYS INC	73,746	$10.39M	2.0%	$143.00	—	COM	866674104
INVH	INVITATION HOMES INC	328,948	$10.27M	1.9%	$31.95	-11.8%	COM	46187W107
AMH	AMERICAN HOMES 4 RENT	321,826	$10.12M	1.9%	$34.81	—	CL A	02665T306
WELL	WELLTOWER INC	140,519	$10.07M	1.9%	$59.61	+13.7%	COM	95040Q104
REXR	REXFORD INDL RLTY INC	168,171	$10.03M	1.9%	$70.87	—	COM	76169C100
TEAM	ATLASSIAN CORPORATION	55,977	$9.577M	1.8%	$159.19	+0.2%	CL A	049468101
POST	POST HLDGS INC	101,843	$9.153M	1.7%	$69.42	+31.0%	COM	737446104
WAB	WABTEC	90,449	$9.141M	1.7%	$86.69	+15.9%	COM	929740108
CCI	CROWN CASTLE INC	67,344	$9.013M	1.7%	$147.36	-20.2%	COM	22822V101
APLE	APPLE HOSPITALITY REIT INC	572,988	$8.893M	1.7%	$15.78	—	COM NEW	03784Y200
VICI	VICI PPTYS INC	266,347	$8.688M	1.6%	$24.17	+16.3%	COM	925652109
SBAC	SBA COMMUNICATIONS CORP NEW	31,850	$8.315M	1.6%	$263.49	-0.9%	CL A	78410G104
—	SITE CTRS CORP	660,019	$8.105M	1.5%	$13.66	—	COM	82981J109
DOC	HEALTHPEAK PROPERTIES INC	363,464	$7.985M	1.5%	$23.37	-11.2%	COM	42250P103
UBER	UBER TECHNOLOGIES INC	251,864	$7.984M	1.5%	$41.86	-24.2%	COM	90353T100
BRBR	BELLRING BRANDS INC	226,172	$7.69M	1.5%	$24.93	+18.5%	COMMON STOCK	07831C103
MRNA	MODERNA INC	48,300	$7.418M	1.4%	$168.36	-2.0%	COM	60770K107
SCHW	SCHWAB CHARLES CORP	140,054	$7.336M	1.4%	$53.74	+30.7%	COM	808513105
—	GMS INC	122,446	$7.088M	1.3%	$57.89	—	COM	36251C103
LBRDK	LIBERTY BROADBAND CORP	76,368	$6.239M	1.2%	$135.74	-40.5%	COM SER C	530307305
—	RADIUS GLOBAL INFRASTRCTRE I	380,240	$5.578M	1.1%	$14.74	—	COM CL A	750481103
RH	RH	19,605	$4.775M	0.9%	$290.30	0.0%	COM	74967X103
CLBT	CELLEBRITE DI LTD	649,554	$3.956M	0.8%	$9.42	-42.5%	ORDINARY SHARES	M2197Q107
RIVN	RIVIAN AUTOMOTIVE INC	140,854	$2.18M	0.4%	$29.44	-42.6%	COM CL A	76954A103