WINDHAM CAPITAL MANAGEMENT, LLC

Filed: 5/1/2023ACC: 0000950123-23-003534

📋 What this filing means

WINDHAM CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 86 equity positions with a total reported market value of $251.40M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$251.40M

Total AUM (reported)

3.16M

Total Shares

Allocation by class

STK MRK ETF$46.03M18.3%

SHRT NAT MUN ETF$26.17M10.4%

PORTFOLIO SHORT$11.98M4.8%

FTSE DEV MKT ETF$10.47M4.2%

ALLWRLD EX US$9.53M3.8%

VALUE ETF$9.14M3.6%

TR UNIT$6.28M2.5%

Portfolio Concentration

Top 3$84.18M33.5%

4–10$48.89M19.4%

11–25$54.65M21.7%

Rest$63.68M25.3%

Top 3 weight

33.5%

Top 10 weight

52.9%

Voting Authority Distribution

Total shares with voting rights: 3.16M

Sole

Full voting authority

2.04M

% of voting shares64.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.12M

% of voting shares35.4%

Investment Discretion (by position count)

Sole86

Shared0

Other0

Dominant voting typeSole · 64.6% of voting shares

Institutional Holdings86

Rows:

VANGUARD INDEX FDS

SOLE

STK MRK ETF

Shares225.52K

TypeSH

Market value$46.03M

18.31%

Sole

98.25K

Shared

0.00

None

127.27K

ISHARES TR

SOLE

SHRT NAT MUN ETF

Shares249.99K

TypeSH

Market value$26.17M

10.41%

Sole

179.46K

Shared

0.00

None

70.53K

SPDR SER TR

SOLE

PORTFOLIO SHORT

Shares404.38K

TypeSH

Market value$11.98M

4.77%

Sole

369.43K

Shared

0.00

None

34.95K

VANGUARD TAX-MANAGED INTL FD

SOLE

FTSE DEV MKT ETF

Shares231.75K

TypeSH

Market value$10.47M

4.16%

Sole

175.94K

Shared

0.00

None

55.81K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares66.22K

TypeSH

Market value$9.14M

3.64%

Sole

15.42K

Shared

0.00

None

50.79K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares15.35K

TypeSH

Market value$6.28M

2.50%

Sole

15.35K

Shared

0.00

None

0.00

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares128.99K

TypeSH

Market value$6.17M

2.45%

Sole

118.22K

Shared

0.00

None

10.77K

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares55.06K

TypeSH

Market value$6.02M

2.39%

Sole

50.81K

Shared

0.00

None

4.25K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares22.90K

TypeSH

Market value$5.71M

2.27%

Sole

5.95K

Shared

0.00

None

16.95K

SPDR SER TR

SOLE

FTSE INT GVT ETF

Shares118.02K

TypeSH

Market value$5.10M

2.03%

Sole

24.12K

Shared

0.00

None

93.90K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares15.30K

TypeSH

Market value$4.91M

1.95%

Sole

15.30K

Shared

0.00

None

0.00

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares129.59K

TypeSH

Market value$4.50M

1.79%

Sole

45.55K

Shared

0.00

None

84.04K

VANGUARD INTL EQUITY INDEX F

SOLE

EMR MKT ETF

Shares72.47K

TypeSH

Market value$4.42M

1.76%

Sole

31.89K

Shared

0.00

None

40.59K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares10.01K

TypeSH

Market value$4.11M

1.64%

Sole

0.00

Shared

0.00

None

10.01K

ISHARES TR

SOLE

MIN VOL USA ETF

Shares55.88K

TypeSH

Market value$4.07M

1.62%

Sole

55.88K

Shared

0.00

None

0.00

ISHARES TR

SOLE

TIPS BD ETF

Shares36.24K

TypeSH

Market value$4.00M

1.59%

Sole

0.00

Shared

0.00

None

36.24K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares24.33K

TypeSH

Market value$3.86M

1.54%

Sole

24.33K

Shared

0.00

None

0.00

VANGUARD WORLD FDS

SOLE

HEALTH CAR ETF

Shares14.55K

TypeSH

Market value$3.47M

1.38%

Sole

13.80K

Shared

0.00

None

747.00

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares35.65K

TypeSH

Market value$3.28M

1.31%

Sole

35K

Shared

0.00

None

653.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares8.69K

TypeSH

Market value$3.27M

1.30%

Sole

8.69K

Shared

0.00

None

0.00

VANGUARD CHARLOTTE FDS

SOLE

INTL BD IDX ETF

Shares62.59K

TypeSH

Market value$3.06M

1.22%

Sole

62.59K

Shared

0.00

None

0.00

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares30.28K

TypeSH

Market value$3.03M

1.21%

Sole

979.00

Shared

0.00

None

29.30K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares16.98K

TypeSH

Market value$3.03M

1.20%

Sole

689.00

Shared

0.00

None

16.29K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares13.99K

TypeSH

Market value$2.95M

1.17%

Sole

Shared

0.00

None

7.99K

INVESCO EXCH TRADED FD TR II

SOLE

EMRNG MKT SVRG

Shares139.87K

TypeSH

Market value$2.68M

1.07%

Sole

40.49K

Shared

0.00

None

99.38K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	STK MRK ETF	225.52K	SH	$46.03M 18.31%	98.25K	127.27K
ISHARES TRSOLE	SHRT NAT MUN ETF	249.99K	SH	$26.17M 10.41%	179.46K	70.53K
SPDR SER TRSOLE	PORTFOLIO SHORT	404.38K	SH	$11.98M 4.77%	369.43K	34.95K
VANGUARD TAX-MANAGED INTL FDSOLE	FTSE DEV MKT ETF	231.75K	SH	$10.47M 4.16%	175.94K	55.81K
VANGUARD INDEX FDSSOLE	VALUE ETF	66.22K	SH	$9.14M 3.64%	15.42K	50.79K
SPDR S&P 500 ETF TRSOLE	TR UNIT	15.35K	SH	$6.28M 2.50%	15.35K	0.00
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	128.99K	SH	$6.17M 2.45%	118.22K	10.77K
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	55.06K	SH	$6.02M 2.39%	50.81K	4.25K
VANGUARD INDEX FDSSOLE	GROWTH ETF	22.90K	SH	$5.71M 2.27%	5.95K	16.95K
SPDR SER TRSOLE	FTSE INT GVT ETF	118.02K	SH	$5.10M 2.03%	24.12K	93.90K
INVESCO QQQ TRSOLE	UNIT SER 1	15.30K	SH	$4.91M 1.95%	15.30K	0.00
DBX ETF TRSOLE	XTRACK USD HIGH	129.59K	SH	$4.50M 1.79%	45.55K	84.04K
VANGUARD INTL EQUITY INDEX FSOLE	EMR MKT ETF	72.47K	SH	$4.42M 1.76%	31.89K	40.59K
ISHARES TRSOLE	CORE S&P500 ETF	10.01K	SH	$4.11M 1.64%	0.00	10.01K
ISHARES TRSOLE	MIN VOL USA ETF	55.88K	SH	$4.07M 1.62%	55.88K	0.00
ISHARES TRSOLE	TIPS BD ETF	36.24K	SH	$4.00M 1.59%	0.00	36.24K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	24.33K	SH	$3.86M 1.54%	24.33K	0.00
VANGUARD WORLD FDSSOLE	HEALTH CAR ETF	14.55K	SH	$3.47M 1.38%	13.80K	747.00
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	35.65K	SH	$3.28M 1.31%	35K	653.00
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	8.69K	SH	$3.27M 1.30%	8.69K	0.00
VANGUARD CHARLOTTE FDSSOLE	INTL BD IDX ETF	62.59K	SH	$3.06M 1.22%	62.59K	0.00
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	30.28K	SH	$3.03M 1.21%	979.00	29.30K
ISHARES TRSOLE	RUSSELL 2000 ETF	16.98K	SH	$3.03M 1.20%	689.00	16.29K
VANGUARD INDEX FDSSOLE	MID CAP ETF	13.99K	SH	$2.95M 1.17%	6K	7.99K
INVESCO EXCH TRADED FD TR IISOLE	EMRNG MKT SVRG	139.87K	SH	$2.68M 1.07%	40.49K	99.38K

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