Makena Capital Management LLC — Q4 2015 13F Holdings

Name: Makena Capital Management LLC — 13F Holdings, Q4 2015
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001359262

Total reported value

$866.1M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	EFA	Ishares Msci Eafe ETF	ETF-Other	42.61%	—	-18.19%
2	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	29.94%	—	—
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	8.47%	—	+10.16%
4	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	3.08%	—	-0.10%
5	IGE	Ishares North American Natur	ETF-Other	2.72%	—	-30.68%
6	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	2.19%	—	-76.18%
7	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.89%	—	+1.64%
8	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	1.54%	—	-5.52%
9	TIP	Ishares Tips Bond ETF	ETF-Other	1.41%	—	+0.97%
10	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	1.06%	+1.25%	-55.67%
11	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.92%	—	-5.19%
12	IYR	Ishares US Real Estate ETF	ETF-Other	0.87%	—	-6.29%
13	DJP	Ipath Bloomberg Commodity In	ETF-Commodities	0.74%	—	+6.99%
14	TLT	Ishares 20+ Year Treasury Bd	ETF-Gov Bonds	0.66%	—	-2.90%
15	IJK	Ishares S&p Mid-cap 400 Grow	ETF-Other	0.47%	—	—
16	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.46%	—	—
17	HEWJ	Isha Curr Hedged Msci Japan	ETF-Other	0.45%	—	-8.53%
18	XOPUSD	Spdr S&p Oil & Gas Exp & Pr	ETF-Other	0.38%	—	-92.22%
19	HEDJ	Wisdomtree Europe Hedged Equ	ETF-Other	0.14%	—	—

Position changes disclosed by Makena Capital Management LLC for the quarter ending Q4 2015, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	EFA	Ishares Msci Eafe ETF	+2.2%	-18.19%	Trim
2	EEM	Ishares Msci Emerging Market	+2%	—	Unchanged
3	IVV	Ishares Core S&p 500 ETF	+1.9%	+10.16%	Add
4	BNDX	Vanguard Total Intl Bond ETF	+0.3%	-0.10%	Trim
5	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	+0.1%	+1.64%	Add
6	TIP	Ishares Tips Bond ETF	+0.1%	+0.97%	Add
7	IWM	Ishares Russell 2000 ETF	+0.1%	-5.52%	Trim
8	VEA	Vanguard Ftse Developed ETF	+0.1%	-5.19%	Trim
9	IYR	Ishares US Real Estate ETF	+0.1%	-6.29%	Trim
10	IJK	Ishares S&p Mid-cap 400 Grow	+0.1%	—	Unchanged
11	AGG	Ishares Core U.s. Aggregate	0%	—	Unchanged
12	DJP	Ipath Bloomberg Commodity In	0%	+6.99%	Add
13	TLT	Ishares 20+ Year Treasury Bd	0%	-2.90%	Trim
14	HEWJ	Isha Curr Hedged Msci Japan	0%	-8.53%	Trim
15	HEDJ	Wisdomtree Europe Hedged Equ	0%	—	Unchanged
16	XOPUSD	Spdr S&p Oil & Gas Exp & Pr	-0.6%	-92.22%	Trim
17	IGE	Ishares North American Natur	-1%	-30.68%	Trim
18	IEFA	Ishares Core Msci Eafe ETF	-1.1%	-55.67%	Trim
19	VWO	Vanguard Ftse Emerging Marke	-4.3%	-76.18%	Trim