MAKENA CAPITAL MANAGEMENT LLC
Fund of Funds
MAKENA CAPITAL MANAGEMENT LLC is a Fund of Funds based in Menlo Park, CA led by Jackson Jacob Garton, reporting $23.9B in AUM as of Q3 2025 with 51% ETF concentration, 70% concentrated in top 10 holdings, and 31% allocation to VOO.
CIOJackson Jacob Garton
- Portfolio Value
- $997.6M
- Positions
- 25
- Top Holding
- VOO at 31.29%
- Last Reported
- Q3 2025
Top Holdings
Largest long holdings in MAKENA CAPITAL MANAGEMENT LLC's portfolio (69.8% of total portfolio)
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| Holding | Sector | Position | Weight | Traded | Ownership |
|---|---|---|---|---|---|
ETF ETF | $312.2M | 31.29% | -$59.0M Sold | — 509.8K shares | |
ETF ETF | $101.9M | 10.21% | -$13.6M Sold | — 1.2M shares | |
ETF ETF | $47.7M | 4.78% | -$3.7M Sold | — 723.8K shares | |
Software - Infrastructure Technology | $38.6M | 3.87% | -$1.9M Sold | 0.00% 74.5K shares | |
Specialty Retail Consumer Cyclical | $38.1M | 3.82% | -$541.7K Sold | 0.00% 173.4K shares | |
ETF ETF | $32.8M | 3.28% | +$1.6M Bought | — 235.4K shares | |
Financial - Credit Services Financial Services | $32.3M | 3.23% | +$7.0M Bought | 0.00% 94.5K shares | |
Financial - Data & Stock Exchanges Financial Services | $31.7M | 3.18% | +$4.5M Bought | 0.04% 66.6K shares | |
Software - Application Technology | $31.7M | 3.18% | +$4.2M Bought | 0.16% 137.8K shares | |
Unknown Unknown | $29.1M | 2.92% | -$5.5M Sold | — 345.4K shares |
Changes
Portfolio activity, position movements, and quarter-over-quarter changes in MAKENA CAPITAL MANAGEMENT LLC's latest filing
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Market Value
Q/Q Change
Net Flows % of MV
Turnover Ratio
New Purchases
Added To
Sold Out Of
Reduced Holdings
Increased Positions
| Position | Shares Δ |
|---|---|
New | |
New | |
+28.96% | |
+27.6% | |
+16.5% |
Decreased Positions
| Position | Shares Δ |
|---|---|
Sold | |
Sold | |
-31.76% | |
-31.27% | |
-26.33% |
Analytics
Portfolio insights and performance metrics for MAKENA CAPITAL MANAGEMENT LLC
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