MAKENA CAPITAL MANAGEMENT LLC Diversified Active

Location: Menlo Park, CA

CIK: 0001359262 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 11, 2026

Total Value: $866M (100.0% shares, 0.0% debt)

Holdings (27)

VOO VANGUARD INDEX FDS 30.5%

Value $265M Shares 442,737 Est. Cost $530.21 Unrealized —

IEFA ISHARES TR 11.3%

Value $97.58M Shares 1,077,876 Est. Cost $75.58 Unrealized —

IEMG ISHARES INC 5.6%

Value $48.28M Shares 692,123 Est. Cost $55.96 Unrealized —

AMZN AMAZON COM INC 3.5%

Value $30.65M Shares 147,183 Est. Cost $159.03 Unrealized +42.6%

GWRE GUIDEWIRE SOFTWARE INC 3.5%

Value $30.01M Shares 200,643 Est. Cost $161.11 Unrealized -6.8%

TSM TAIWAN SEMICONDUCTOR MANUFAC 3.3%

Value $28.3M Shares 83,726 Est. Cost $226.49 Unrealized —

VEEV VEEVA SYS INC 3.1%

Value $27.28M Shares 155,298 Est. Cost $241.69 Unrealized -15.6%

V VISA INC 3.1%

Value $27.22M Shares 90,061 Est. Cost $284.69 Unrealized +15.6%

XLV SELECT SECTOR SPDR TR 2.9%

Value $25.49M Shares 173,873 Est. Cost $142.24 Unrealized —

MTZ MASTEC INC 2.9%

Value $25.49M Shares 79,225 Est. Cost $120.80 Unrealized +107.1%

LLYVK LIBERTY LIVE HOLDINGS INC 2.5%

Value $21.63M Shares 229,851 Est. Cost $85.87 Unrealized +0.9%

MCO MOODYS CORP 2.5%

Value $21.4M Shares 49,058 Est. Cost $449.35 Unrealized +9.0%

MSFT MICROSOFT CORP 2.4%

Value $20.63M Shares 55,744 Est. Cost $328.33 Unrealized +32.4%

CRH CRH PLC 2.3%

Value $19.85M Shares 188,799 Est. Cost $120.68 Unrealized +3.0%

SPGI S&P GLOBAL INC 2.3%

Value $19.58M Shares 46,029 Est. Cost $480.39 Unrealized +1.0%

GE GE AEROSPACE 2.2%

Value $18.95M Shares 66,763 Est. Cost $133.25 Unrealized +138.8%

SGI SOMNIGROUP INTERNATIONAL INC 2.1%

Value $18.57M Shares 251,222 Est. Cost $56.85 Unrealized +61.8%

NVDA NVIDIA CORPORATION 2.1%

Value $18.52M Shares 106,176 Est. Cost $186.63 Unrealized 0.0%

PCOR PROCORE TECHNOLOGIES INC 2.1%

Value $18.28M Shares 320,681 Est. Cost $66.30 Unrealized -9.1%

GOOGL ALPHABET INC 2.0%

Value $17.68M Shares 61,488 Est. Cost $166.78 Unrealized +93.8%

CPNG COUPANG INC 1.9%

Value $16.67M Shares 882,766 Est. Cost $23.12 Unrealized -14.1%

JCI JOHNSON CONTROLS INTERNATION 1.7%

Value $14.83M Shares 113,237 Est. Cost $126.06 Unrealized 0.0%

XLP SELECT SECTOR SPDR TR 1.4%

Value $12.49M Shares 152,348 Est. Cost $76.21 Unrealized —

FSLR FIRST SOLAR INC 1.3%

Value $11.41M Shares 57,851 Est. Cost $248.47 Unrealized -4.6%

SNDA SONIDA SENIOR LIVING INC 0.7%

Value $5.966M Shares 185,000 Est. Cost $28.67 Unrealized +14.8%

MDLN MEDLINE INC 0.5%

Value $4.181M Shares 93,949 Est. Cost $44.84 Unrealized 0.0%

FIG FIGMA INC 0.1%

Value $594K Shares 28,113 Est. Cost $45.19 Unrealized -37.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VOO	VANGUARD INDEX FDS	442,737	$265M	30.5%	$530.21	—	S&P 500 ETF SHS	922908363
IEFA	ISHARES TR	1,077,876	$97.58M	11.3%	$75.58	—	CORE MSCI EAFE	46432F842
IEMG	ISHARES INC	692,123	$48.28M	5.6%	$55.96	—	CORE MSCI EMKT	46434G103
AMZN	AMAZON COM INC	147,183	$30.65M	3.5%	$159.03	+42.6%	COM	023135106
GWRE	GUIDEWIRE SOFTWARE INC	200,643	$30.01M	3.5%	$161.11	-6.8%	COM	40171V100
TSM	TAIWAN SEMICONDUCTOR MANUFAC	83,726	$28.3M	3.3%	$226.49	—	SPONSORED ADS	874039100
VEEV	VEEVA SYS INC	155,298	$27.28M	3.1%	$241.69	-15.6%	CL A COM	922475108
V	VISA INC	90,061	$27.22M	3.1%	$284.69	+15.6%	COM CL A	92826C839
XLV	SELECT SECTOR SPDR TR	173,873	$25.49M	2.9%	$142.24	—	STATE STREET HEA	81369Y209
MTZ	MASTEC INC	79,225	$25.49M	2.9%	$120.80	+107.1%	COM	576323109
LLYVK	LIBERTY LIVE HOLDINGS INC	229,851	$21.63M	2.5%	$85.87	+0.9%	COM SHS SER C	530909308
MCO	MOODYS CORP	49,058	$21.4M	2.5%	$449.35	+9.0%	COM	615369105
MSFT	MICROSOFT CORP	55,744	$20.63M	2.4%	$328.33	+32.4%	COM	594918104
CRH	CRH PLC	188,799	$19.85M	2.3%	$120.68	+3.0%	ORD	G25508105
SPGI	S&P GLOBAL INC	46,029	$19.58M	2.3%	$480.39	+1.0%	COM	78409V104
GE	GE AEROSPACE	66,763	$18.95M	2.2%	$133.25	+138.8%	COM NEW	369604301
SGI	SOMNIGROUP INTERNATIONAL INC	251,222	$18.57M	2.1%	$56.85	+61.8%	COM	88023U101
NVDA	NVIDIA CORPORATION	106,176	$18.52M	2.1%	$186.63	0.0%	COM	67066G104
PCOR	PROCORE TECHNOLOGIES INC	320,681	$18.28M	2.1%	$66.30	-9.1%	COM	74275K108
GOOGL	ALPHABET INC	61,488	$17.68M	2.0%	$166.78	+93.8%	CAP STK CL A	02079K305
CPNG	COUPANG INC	882,766	$16.67M	1.9%	$23.12	-14.1%	CL A	22266T109
JCI	JOHNSON CONTROLS INTERNATION	113,237	$14.83M	1.7%	$126.06	0.0%	SHS	G51502105
XLP	SELECT SECTOR SPDR TR	152,348	$12.49M	1.4%	$76.21	—	STATE STREET CON	81369Y308
FSLR	FIRST SOLAR INC	57,851	$11.41M	1.3%	$248.47	-4.6%	COM	336433107
SNDA	SONIDA SENIOR LIVING INC	185,000	$5.966M	0.7%	$28.67	+14.8%	COM	140475203
MDLN	MEDLINE INC	93,949	$4.181M	0.5%	$44.84	0.0%	COM CL A	58507V107
FIG	FIGMA INC	28,113	$594K	0.1%	$45.19	-37.1%	CLASS A COM STK	316841105