Makena Capital Management LLC — Q1 2016 13F Holdings

Name: Makena Capital Management LLC — 13F Holdings, Q1 2016
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	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	35.92%	—	+4.59%
2	EFA	Ishares Msci Eafe ETF	ETF-Other	27.12%	—	-33.02%
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	12.22%	—	+32.76%
4	IGE	Ishares North American Natur	ETF-Other	4.77%	—	+53.99%
5	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	2.99%	—	-12.49%
6	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	2.91%	+1.25%	+161.48%
7	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	2.55%	—	+2.14%
8	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.77%	—	-14.43%
9	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	1.56%	—	-4.64%
10	SUI	Sun Communities INC	Stock-Real Estate	1.54%	—	—
11	TIP	Ishares Tips Bond ETF	ETF-Other	1.35%	—	-15.19%
12	IYR	Ishares US Real Estate ETF	ETF-Other	0.92%	—	-5.65%
13	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.91%	—	-6.12%
14	DJP	Ipath Bloomberg Commodity In	ETF-Commodities	0.74%	—	-6.93%
15	XOPUSD	Spdr S&p Oil & Gas Exp & Pr	ETF-Other	0.70%	—	+1188.88%
16	TLT	Ishares 20+ Year Treasury Bd	ETF-Gov Bonds	0.61%	—	-20.73%
17	IJK	Ishares S&p Mid-cap 400 Grow	ETF-Other	0.48%	—	-5.97%
18	HEWJ	Isha Curr Hedged Msci Japan	ETF-Other	0.43%	—	-0.25%
19	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.34%	—	-32.64%
20	HEDJ	Wisdomtree Europe Hedged Equ	ETF-Other	0.15%	—	—

Position changes disclosed by Makena Capital Management LLC for the quarter ending Q1 2016, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	EEM	Ishares Msci Emerging Market	+6%	+4.59%	Add
2	IVV	Ishares Core S&p 500 ETF	+3.8%	+32.76%	Add
3	IGE	Ishares North American Natur	+2.1%	+53.99%	Add
4	IEFA	Ishares Core Msci Eafe ETF	+1.9%	+161.48%	Add
5	VWO	Vanguard Ftse Emerging Marke	+0.4%	+2.14%	Add
6	XOPUSD	Spdr S&p Oil & Gas Exp & Pr	+0.3%	+1188.88%	Add
7	IYR	Ishares US Real Estate ETF	+0.1%	-5.65%	Trim
8	IWM	Ishares Russell 2000 ETF	0%	-4.64%	Trim
9	IJK	Ishares S&p Mid-cap 400 Grow	0%	-5.97%	Trim
10	HEDJ	Wisdomtree Europe Hedged Equ	0%	—	Unchanged
11	DJP	Ipath Bloomberg Commodity In	—	-6.93%	Trim
12	VEA	Vanguard Ftse Developed ETF	0%	-6.12%	Trim
13	HEWJ	Isha Curr Hedged Msci Japan	0%	-0.25%	Trim
14	TLT	Ishares 20+ Year Treasury Bd	-0.1%	-20.73%	Trim
15	TIP	Ishares Tips Bond ETF	-0.1%	-15.19%	Trim
16	BNDX	Vanguard Total Intl Bond ETF	-0.1%	-12.49%	Trim
17	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	-0.1%	-14.43%	Trim
18	AGG	Ishares Core U.s. Aggregate	-0.1%	-32.64%	Trim
19	EFA	Ishares Msci Eafe ETF	-15.5%	-33.02%	Trim
20	SUI	Sun Communities INC	—	NEW	New buy