Windham Capital Management

Windham Capital Management as of March 31, 2011

Portfolio Holdings for Windham Capital Management

Windham Capital Management holds 76 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Total Stock Market ETF (VTI) 14.3 $25M 364k 68.71
Vanguard Europe Pacific ETF (VEA) 11.9 $21M 556k 37.31
Vanguard Total Bond Market ETF (BND) 5.7 $10M 125k 80.02
Ipath Dow Jones-aig Commodity (DJP) 5.4 $9.5M 185k 51.35
Vanguard Emerging Markets ETF (VWO) 5.0 $8.7M 178k 48.95
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 4.8 $8.4M 141k 59.83
iShares S&P Natl AMTFr Mncpl Bd (MUB) 4.0 $7.1M 71k 99.45
iShares Barclays TIPS Bond Fund (TIP) 4.0 $6.9M 63k 109.16
Vanguard REIT ETF (VNQ) 3.6 $6.3M 108k 58.47
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 3.1 $5.5M 231k 23.83
Vanguard Small-Cap ETF (VB) 3.0 $5.1M 65k 78.99
Vanguard FTSE All Wld Ex USSml Cap (VSS) 2.9 $5.0M 49k 101.93
SPDR Nuveen Barclays Capital Municpl Bnd 2.8 $4.8M 219k 21.99
SPDR DJ International Real Estate ETF (RWX) 2.5 $4.4M 114k 39.03
Jp Morgan Alerian Mlp Index (AMJ) 2.5 $4.3M 113k 37.97
SPDR DB Int'l Govt Infl Pro Bond (WIP) 2.4 $4.2M 69k 60.45
iShares IBoxx $ Invest Grade Corp Bd (LQD) 2.0 $3.5M 33k 108.20
PowerShares Emerging Markets Sovere 2.0 $3.5M 133k 26.42
Vanguard Growth ETF (VUG) 2.0 $3.5M 54k 64.30
Vanguard Value ETF (VTV) 1.8 $3.2M 56k 56.72
iShares MSCI EAFE Value Index (EFV) 1.6 $2.7M 51k 53.01
Vanguard Mid-Cap ETF (VO) 1.5 $2.7M 33k 80.55
iShares MSCI EAFE Growth Index (EFG) 1.5 $2.6M 42k 62.24
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 1.5 $2.6M 25k 104.44
Vanguard Short-Term Bond ETF (BSV) 1.1 $1.9M 24k 80.16
SPDR Barclays Capital High Yield B 1.0 $1.7M 41k 40.51
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.8 $1.3M 12k 106.63
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 0.7 $1.3M 24k 53.42
PowerShares DB Com Indx Trckng Fund 0.7 $1.2M 40k 30.51
iShares S&P/Citigroup 1-3 Year Int Trsry (ISHG) 0.7 $1.1M 11k 107.24
iShares S&P/Citi Intl Treasury Bond (IGOV) 0.6 $1.1M 10k 104.50
iShares FTSE EPRA/NAREIT Dev Gl Real ETF (IFGL) 0.3 $568k 18k 31.36
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 0.2 $434k 4.1k 104.87
iShares S&P 500 Index (IVV) 0.2 $419k 3.1k 133.01
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $400k 4.3k 91.96
iShares S&P GSCI Commodity-Indexed (GSG) 0.2 $402k 11k 37.35
iShares Lehman MBS Bond Fund (MBB) 0.2 $360k 3.4k 105.33
Vanguard FTSE All-World ex-US ETF (VEU) 0.2 $320k 6.5k 49.32
iShares MSCI EAFE Index Fund (EFA) 0.1 $238k 4.0k 60.08
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.1 $252k 2.7k 93.01
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.1 $233k 5.4k 43.34
Spdr S&p 500 Etf (SPY) 0.1 $185k 1.4k 132.59
iShares MSCI United Kingdom Index 0.0 $69k 3.8k 17.91
iShares S&P World Ex-US Prop Index (WPS) 0.0 $61k 1.8k 34.17
Financial Select Sector SPDR (XLF) 0.0 $47k 2.9k 16.39
SPDR S&P Emerging Europe 0.0 $44k 808.00 54.98
Energy Select Sector SPDR (XLE) 0.0 $30k 370.00 79.75
Utilities SPDR (XLU) 0.0 $28k 875.00 31.87
Alerian Mlp Etf 0.0 $26k 1.6k 16.36
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $42k 1.1k 39.65
iShares MSCI Switzerland Index Fund (EWL) 0.0 $34k 1.3k 25.29
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $34k 815.00 42.15
Hsbc Usa Inc s^p cti etn 23 0.0 $26k 2.9k 9.18
Vanguard Total World Stock Idx (VT) 0.0 $43k 864.00 49.86
Health Care SPDR (XLV) 0.0 $16k 485.00 33.11
Industrial SPDR (XLI) 0.0 $14k 370.00 37.66
Materials SPDR (XLB) 0.0 $17k 423.00 40.02
Consumer Staples Select Sect. SPDR (XLP) 0.0 $10k 340.00 29.92
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.0 $19k 294.00 62.85
iShares MSCI Thailand Index Fund (THD) 0.0 $15k 221.00 66.81
Market Vectors Indonesia Index 0.0 $11k 360.00 29.94
SPDR S&P China (GXC) 0.0 $19k 238.00 80.35
iShares MSCI Singapore Index Fund 0.0 $9.0k 656.00 13.67
iShares MSCI Spain Index (EWP) 0.0 $11k 258.00 42.42
iShares MSCI Belgium Investable Mkt (EWK) 0.0 $13k 913.00 14.11
iShares MSCI Netherlands Investable (EWN) 0.0 $16k 691.00 23.05
SPDR S&P Emerging Markets Small Cap (EWX) 0.0 $19k 357.00 53.86
SPDR S&P Emerging Middle Est & Afrca ETF 0.0 $23k 312.00 75.16
iShares S&P Global Infrastructure Index (IGF) 0.0 $11k 290.00 36.93
iShares MSCI Hong Kong Index Fund (EWH) 0.0 $5.0k 266.00 18.93
Technology SPDR (XLK) 0.0 $5.6k 215.00 26.06
IPATH MSCI India Index Etn 0.0 $6.0k 80.00 75.00
iShares MSCI Germany Index Fund (EWG) 0.0 $4.1k 157.00 25.95
iShares MSCI Australia Index Fund (EWA) 0.0 $3.0k 98.00 30.61
PowerShares DB Agriculture Fund 0.0 $5.9k 173.00 34.23
iShares MSCI Sweden Index (EWD) 0.0 $4.3k 131.00 32.79