The Rise and Fall of Makena Capital Management LLC: A Q3 2022 vs. Q4 2022 Holdings Comparison

Makena Capital Management LLC is a leading investment management firm with a diverse portfolio of holdings across different industries. As one of the largest institutional investors in the market, its portfolio has a significant impact on the performance of the market. With the release of its Q3 2022 and Q4 2022 13F filings, Makena Capital Management LLC shows a mixed performance across different companies.

Let's take a closer look at some of the significant changes in the portfolio.

The Winners

Microsoft Corp (MSFT) has been one of the significant winners in the portfolio, with an increase of 19% in shares held. This represents a positive shift in confidence, with Q4 2022 being the highest number of shares held by Makena Capital Management in Microsoft.

Cold Realty Trust (COLD) and Peak Properties Inc (PEAK) have also performed well in the portfolio, with a 40.9% and 21.7% increase in shares held, respectively. This indicates a positive outlook on the real estate sector and a long-term view on these companies' potential for growth.

The Losers

On the other hand, some companies have experienced a significant drop in the number of shares held by Makena Capital Management LLC. Builders FirstSource Inc (BLDR) saw a sharp decrease of 29.8% in shares held, indicating a lack of confidence in the company's growth potential.

Vici Properties Inc (VICI) also experienced a drop of 34.6% in shares held. This could be due to the continuing uncertainty surrounding the hospitality industry during the pandemic, which has made many investors cautious about investing in related companies.

UnitedHealth Group Inc (UNH) and Liberty Broadband Corp (LBRDK) also experienced a decline in shares held of 14.5% and 32.6%, respectively.

The Holds

Several companies held a stable number of shares in the portfolio. Alphabet Inc (GOOGL) and Equity Lifestyle Properties Inc (ELS) hold the highest number of shares in the portfolio but have not experienced significant growth or decline in the number of shares held. This stable position suggests that these companies are established and reliable performers with long-term potential.

Conclusion

Overall, the Q3 2022 and Q4 2022 13F filings by Makena Capital Management LLC show a mixed portfolio performance. The winners, such as Microsoft Corp and Cold Realty Trust, demonstrate investors' faith in the potential for growth in specific industries. On the other hand, the losers, including Builders FirstSource Inc and Vici Properties Inc, highlight continuing risks and uncertainties in the market.

Investors will need to pay close attention to the company's future holdings, as well as the market trends, to make informed decisions on their investment strategies. Only time will tell if these shifts in holdings will lead to greater gains or losses for Makena Capital Management LLC and its investors.