WINDHAM CAPITAL MANAGEMENT, LLC

Filed: 2/9/2023ACC: 0000950123-23-001247

📋 What this filing means

WINDHAM CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 75 equity positions with a total reported market value of $260.36M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$260.36M

Total AUM (reported)

3.44M

Total Shares

Allocation by class

STK MRK ETF$51.99M20.0%

SHRT NAT MUN ETF$34.04M13.1%

PORTFOLIO SHORT$13.74M5.3%

VALUE ETF$11.87M4.6%

FTSE DEV MKT ETF$9.51M3.7%

FTSE INT GVT ETF$9.37M3.6%

ALLWRLD EX US$8.90M3.4%

Portfolio Concentration

Top 3$99.77M38.3%

4–10$57.45M22.1%

11–25$54.35M20.9%

Rest$48.78M18.7%

Top 3 weight

38.3%

Top 10 weight

60.4%

Voting Authority Distribution

Total shares with voting rights: 3.44M

Sole

Full voting authority

2.05M

% of voting shares59.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.39M

% of voting shares40.4%

Investment Discretion (by position count)

Sole75

Shared0

Other0

Dominant voting typeSole · 59.6% of voting shares

Institutional Holdings75

Rows:

VANGUARD INDEX FDS

SOLE

STK MRK ETF

Shares271.93K

TypeSH

Market value$51.99M

19.97%

Sole

94.83K

Shared

0.00

None

177.10K

ISHARES TR

SOLE

SHRT NAT MUN ETF

Shares326.50K

TypeSH

Market value$34.04M

13.08%

Sole

196.27K

Shared

0.00

None

130.23K

SPDR SER TR

SOLE

PORTFOLIO SHORT

Shares467.64K

TypeSH

Market value$13.74M

5.28%

Sole

432.68K

Shared

0.00

None

34.95K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares84.55K

TypeSH

Market value$11.87M

4.56%

Sole

15.48K

Shared

0.00

None

69.07K

VANGUARD TAX-MANAGED INTL FD

SOLE

FTSE DEV MKT ETF

Shares226.61K

TypeSH

Market value$9.51M

3.65%

Sole

170.27K

Shared

0.00

None

56.34K

SPDR SER TR

SOLE

FTSE INT GVT ETF

Shares227.48K

TypeSH

Market value$9.37M

3.60%

Sole

24.27K

Shared

0.00

None

203.22K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares35.25K

TypeSH

Market value$7.51M

2.89%

Sole

5.99K

Shared

0.00

None

29.26K

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares221.53K

TypeSH

Market value$7.47M

2.87%

Sole

45.83K

Shared

0.00

None

175.70K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares127.30K

TypeSH

Market value$5.95M

2.28%

Sole

115.61K

Shared

0.00

None

11.69K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares15.10K

TypeSH

Market value$5.78M

2.22%

Sole

15.10K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares53.67K

TypeSH

Market value$5.52M

2.12%

Sole

49.42K

Shared

0.00

None

4.25K

INVESCO EXCH TRADED FD TR II

SOLE

EMRNG MKT SVRG

Shares231.21K

TypeSH

Market value$4.32M

1.66%

Sole

40.76K

Shared

0.00

None

190.45K

VANGUARD INTL EQUITY INDEX F

SOLE

EMR MKT ETF

Shares76.96K

TypeSH

Market value$4.27M

1.64%

Sole

30.28K

Shared

0.00

None

46.68K

VANGUARD WORLD FDS

SOLE

HEALTH CAR ETF

Shares16.35K

TypeSH

Market value$4.06M

1.56%

Sole

13.80K

Shared

0.00

None

2.55K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares10.06K

TypeSH

Market value$3.87M

1.49%

Sole

0.00

Shared

0.00

None

10.06K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares14.50K

TypeSH

Market value$3.86M

1.48%

Sole

14.50K

Shared

0.00

None

0.00

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares21.87K

TypeSH

Market value$3.81M

1.46%

Sole

694.00

Shared

0.00

None

21.18K

ISHARES TR

SOLE

MIN VOL USA ETF

Shares52.70K

TypeSH

Market value$3.80M

1.46%

Sole

52.70K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares23.90K

TypeSH

Market value$3.80M

1.46%

Sole

23.90K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares36.70K

TypeSH

Market value$3.16M

1.22%

Sole

35K

Shared

0.00

None

1.70K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares8.50K

TypeSH

Market value$2.99M

1.15%

Sole

8.50K

Shared

0.00

None

0.00

VANGUARD CHARLOTTE FDS

SOLE

INTL BD IDX ETF

Shares62.59K

TypeSH

Market value$2.97M

1.14%

Sole

62.59K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares13.99K

TypeSH

Market value$2.85M

1.10%

Sole

Shared

0.00

None

7.99K

VANGUARD INDEX FDS

SOLE

REIT ETF

Shares32.11K

TypeSH

Market value$2.65M

1.02%

Sole

22.50K

Shared

0.00

None

9.61K

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares22.50K

TypeSH

Market value$2.43M

0.94%

Sole

22.50K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	STK MRK ETF	271.93K	SH	$51.99M 19.97%	94.83K	177.10K
ISHARES TRSOLE	SHRT NAT MUN ETF	326.50K	SH	$34.04M 13.08%	196.27K	130.23K
SPDR SER TRSOLE	PORTFOLIO SHORT	467.64K	SH	$13.74M 5.28%	432.68K	34.95K
VANGUARD INDEX FDSSOLE	VALUE ETF	84.55K	SH	$11.87M 4.56%	15.48K	69.07K
VANGUARD TAX-MANAGED INTL FDSOLE	FTSE DEV MKT ETF	226.61K	SH	$9.51M 3.65%	170.27K	56.34K
SPDR SER TRSOLE	FTSE INT GVT ETF	227.48K	SH	$9.37M 3.60%	24.27K	203.22K
VANGUARD INDEX FDSSOLE	GROWTH ETF	35.25K	SH	$7.51M 2.89%	5.99K	29.26K
DBX ETF TRSOLE	XTRACK USD HIGH	221.53K	SH	$7.47M 2.87%	45.83K	175.70K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	127.30K	SH	$5.95M 2.28%	115.61K	11.69K
SPDR S&P 500 ETF TRSOLE	TR UNIT	15.10K	SH	$5.78M 2.22%	15.10K	0.00
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	53.67K	SH	$5.52M 2.12%	49.42K	4.25K
INVESCO EXCH TRADED FD TR IISOLE	EMRNG MKT SVRG	231.21K	SH	$4.32M 1.66%	40.76K	190.45K
VANGUARD INTL EQUITY INDEX FSOLE	EMR MKT ETF	76.96K	SH	$4.27M 1.64%	30.28K	46.68K
VANGUARD WORLD FDSSOLE	HEALTH CAR ETF	16.35K	SH	$4.06M 1.56%	13.80K	2.55K
ISHARES TRSOLE	CORE S&P500 ETF	10.06K	SH	$3.87M 1.49%	0.00	10.06K
INVESCO QQQ TRSOLE	UNIT SER 1	14.50K	SH	$3.86M 1.48%	14.50K	0.00
ISHARES TRSOLE	RUSSELL 2000 ETF	21.87K	SH	$3.81M 1.46%	694.00	21.18K
ISHARES TRSOLE	MIN VOL USA ETF	52.70K	SH	$3.80M 1.46%	52.70K	0.00
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	23.90K	SH	$3.80M 1.46%	23.90K	0.00
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	36.70K	SH	$3.16M 1.22%	35K	1.70K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	8.50K	SH	$2.99M 1.15%	8.50K	0.00
VANGUARD CHARLOTTE FDSSOLE	INTL BD IDX ETF	62.59K	SH	$2.97M 1.14%	62.59K	0.00
VANGUARD INDEX FDSSOLE	MID CAP ETF	13.99K	SH	$2.85M 1.10%	6K	7.99K
VANGUARD INDEX FDSSOLE	REIT ETF	32.11K	SH	$2.65M 1.02%	22.50K	9.61K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	22.50K	SH	$2.43M 0.94%	22.50K	0.00

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