Makena Capital Management 13F annual report
Makena Capital Management is an investment fund managing more than $442 billion ran by William Mcgrath. There are currently 41 companies in Mr. Mcgrath’s portfolio. The largest investments include Microsoft and Amazon.com, together worth $44.2 billion.
$442 billion Assets Under Management (AUM)
As of 5th February 2024, Makena Capital Management’s top holding is 59,211 shares of Microsoft currently worth over $22.3 billion and making up 5.0% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Makena Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 144,288 shares of Amazon.com worth $21.9 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is General Electric Co worth $19.1 billion and the next is Procore Technologies worth $17.5 billion, with 252,517 shares owned.
Currently, Makena Capital Management's portfolio is worth at least $442 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Makena Capital Management
The Makena Capital Management office and employees reside in Menlo Park, California. According to the last 13-F report filed with the SEC, William Mcgrath serves as the General Counsel & Chief Compliance Officer at Makena Capital Management.
Recent trades
In the most recent 13F filing, Makena Capital Management revealed that it had opened a new position in
Humana and bought 37,317 shares worth $17.1 billion.
This means they effectively own approximately 0.1% of the company.
Humana makes up
100.0%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in General Electric Co by buying
31,107 additional shares.
This makes their stake in General Electric Co total 149,855 shares worth $19.1 billion.
General Electric Co dropped approximately 0.1% in the past year.
On the other hand, there are companies that Makena Capital Management is getting rid of from its portfolio.
Makena Capital Management closed its position in Cellebrite Di Ltd on 12th February 2024.
It sold the previously owned 3,149,554 shares for $24.1 billion.
William Mcgrath also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $22.3 billion and 59,211 shares.
One of the average hedge funds
The two most similar investment funds to Makena Capital Management are Bright Rock Capital Management and Ml & R Wealth Management. They manage $442 billion and $441 billion respectively.
William Mcgrath investment strategy
Makena Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 29.0% of
the total portfolio value.
The fund focuses on investments in the United States as
58.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
56% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $193 billion.
The complete list of Makena Capital Management trades based on 13F SEC filings
These positions were updated on February 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Cellebrite Di Ltd |
Closed
3,149,554
|
$24,094,088,000 | |
| Snowflake Inc. |
Closed
153,028
|
$23,378,088,000 | |
| Microsoft Corporation |
7.01%
59,211
|
$22,265,704,000 | 5.04% |
| Amazon.com Inc. |
6.56%
144,288
|
$21,923,119,000 | 4.97% |
| General Electric Co. |
26.20%
149,855
|
$19,125,994,000 | 4.33% |
| Unitedhealth Group Inc |
Closed
34,788
|
$17,539,762,000 | |
| Procore Technologies, Inc. |
21.50%
252,517
|
$17,479,227,000 | 3.96% |
| Visa Inc |
6.31%
65,681
|
$17,100,048,000 | 3.87% |
| Humana Inc. |
Opened
37,317
|
$17,084,096,000 | 3.87% |
| Intuit Inc |
16.92%
24,711
|
$15,445,116,000 | 3.50% |
| Meta Platforms Inc |
Opened
43,337
|
$15,339,565,000 | 3.47% |
| Schwab Charles Corp |
Closed
263,086
|
$14,443,421,000 | |
| Alphabet Inc |
7.82%
97,696
|
$13,768,297,000 | 3.12% |
| Salesforce Inc |
Opened
51,519
|
$13,556,710,000 | 3.07% |
| Us Foods Hldg Corp |
Opened
298,317
|
$13,546,575,000 | 3.07% |
| Gildan Activewear Inc |
12.95%
407,276
|
$13,464,545,000 | 3.05% |
| Boston Properties, Inc. |
57.17%
186,649
|
$13,097,160,000 | 2.97% |
| Alight Inc. |
Closed
1,779,824
|
$12,618,952,000 | |
| Workday Inc |
Closed
57,956
|
$12,451,847,000 | |
| CRH Plc |
Opened
173,457
|
$11,996,286,000 | 2.72% |
| Prologis Inc |
0.39%
86,978
|
$11,594,167,000 | 2.63% |
| Post Holdings Inc |
Closed
132,019
|
$11,319,309,000 | |
| Uber Technologies Inc |
Closed
232,736
|
$10,703,529,000 | |
| Tempur Sealy International Inc |
37.24%
205,995
|
$10,499,565,000 | 2.38% |
| Select Sector Spdr Tr |
1.88%
144,250
|
$10,390,328,000 | 2.35% |
| First Indl Rlty Tr Inc |
2.61%
196,068
|
$10,326,902,000 | 2.34% |
| Datadog Inc |
48.84%
84,719
|
$10,283,192,000 | 2.33% |
| Americold Realty Trust Inc |
Closed
338,026
|
$10,279,371,000 | |
| Avalonbay Cmntys Inc |
2.26%
54,805
|
$10,260,592,000 | 2.32% |
| Atlassian Corporation |
21.66%
42,781
|
$10,175,889,000 | 2.30% |
| MercadoLibre Inc |
42.95%
6,351
|
$9,980,851,000 | 2.26% |
| UDR Inc |
2.48%
258,896
|
$9,913,128,000 | 2.25% |
| ZoomInfo Technologies Inc. |
Opened
532,873
|
$9,852,822,000 | 2.23% |
| Sun Cmntys Inc |
Closed
80,742
|
$9,555,008,000 | |
| Alexandria Real Estate Eq In |
Opened
72,704
|
$9,216,686,000 | 2.09% |
| Walmart Inc |
27.30%
55,057
|
$8,679,736,000 | 1.97% |
| Welltower Inc. |
32.12%
92,182
|
$8,312,051,000 | 1.88% |
| Extra Space Storage Inc. |
Opened
49,980
|
$8,013,293,000 | 1.81% |
| Public Storage |
Opened
25,841
|
$7,881,505,000 | 1.79% |
| Terreno Rlty Corp |
2.15%
119,568
|
$7,493,327,000 | 1.70% |
| Rexford Indl Rlty Inc |
Opened
132,677
|
$7,443,180,000 | 1.69% |
| Jamf Hldg Corp |
Closed
410,314
|
$7,246,145,000 | |
| Mid-amer Apt Cmntys Inc |
Opened
53,638
|
$7,212,165,000 | 1.63% |
| Invitation Homes Inc |
32.83%
208,466
|
$7,110,775,000 | 1.61% |
| Brixmor Ppty Group Inc |
Opened
304,042
|
$7,075,057,000 | 1.60% |
| Liberty Broadband Corp |
Closed
76,639
|
$6,998,673,000 | |
| S&P Global Inc |
Opened
15,807
|
$6,963,300,000 | 1.58% |
| American Homes 4 Rent |
35.51%
192,617
|
$6,926,507,000 | 1.57% |
| Moodys Corp |
Opened
17,663
|
$6,898,461,000 | 1.56% |
| GMS Inc |
17.24%
82,826
|
$6,827,347,000 | 1.55% |
| Vici Pptys Inc |
Closed
227,594
|
$6,622,985,000 | |
| Inventrust Pptys Corp |
Opened
253,650
|
$6,427,491,000 | 1.46% |
| Highwoods Pptys Inc |
Closed
292,970
|
$6,038,112,000 | |
| Rivian Automotive, Inc. |
Closed
140,854
|
$3,419,935,000 | |
| Spdr S&p 500 Etf Tr |
Opened
625
|
$297,069,000 | 0.07% |
| Site Ctrs Corp |
96.78%
20,000
|
$272,600,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 56 holdings | |||
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