Filed: 8/14/2023ACC: 0001104659-23-090829
📋 What this filing means
CLIFFWATER LLC filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $304.59M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
26
Positions
$304.59M
Total AUM (reported)
11.14M
Total Shares
Allocation by class
COM$94.91M31.2%
TOTAL STK MKT$83.80M27.5%
COMMON STOCK$38.26M12.6%
VAN FTSE DEV MKT$35.36M11.6%
VNG RUS3000IDX$20.58M6.8%
SHRT TRM CORP BD$9.09M3.0%
FTSE EMR MKT ETF$8.41M2.8%
Portfolio Concentration
Top 3$150.26M49.3%
4–10$91.74M30.1%
11–25$62.52M20.5%
Rest$69.9K0.0%
Top 3 weight
49.3%
Top 10 weight
79.5%
Voting Authority Distribution
Total shares with voting rights: 11.14M
Sole
Full voting authority
11.14M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:
VANGUARD INDEX FDS
SOLEShares380.42K
TypeSH
Market value$83.80M
27.51%
Sole
380.42K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares765.75K
TypeSH
Market value$35.36M
11.61%
Sole
765.75K
Shared
0.00
None
0.00
FRANKLIN BSP RLTY TR INC
SOLEShares2.20M
TypeSH
Market value$31.10M
10.21%
Sole
2.20M
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares104.23K
TypeSH
Market value$20.58M
6.76%
Sole
104.23K
Shared
0.00
None
0.00
SIXTH STREET SPECIALTY LENDI
SOLEShares767.19K
TypeSH
Market value$14.34M
4.71%
Sole
767.19K
Shared
0.00
None
0.00
ARES CAPITAL CORP
SOLEShares687.21K
TypeSH
Market value$12.91M
4.24%
Sole
687.21K
Shared
0.00
None
0.00
OWL ROCK CAPITAL CORPORATION
SOLEShares957.65K
TypeSH
Market value$12.85M
4.22%
Sole
957.65K
Shared
0.00
None
0.00
GOLUB CAP BDC INC
SOLEShares863.66K
TypeSH
Market value$11.66M
3.83%
Sole
863.66K
Shared
0.00
None
0.00
NEW MTN FIN CORP
SOLEShares829.13K
TypeSH
Market value$10.31M
3.39%
Sole
829.13K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares120.11K
TypeSH
Market value$9.09M
2.98%
Sole
120.11K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares206.68K
TypeSH
Market value$8.41M
2.76%
Sole
206.68K
Shared
0.00
None
0.00
BLACKROCK TCP CAPITAL CORP
SOLEShares688.58K
TypeSH
Market value$7.51M
2.47%
Sole
688.58K
Shared
0.00
None
0.00
BARINGS BDC INC
SOLEShares920.73K
TypeSH
Market value$7.22M
2.37%
Sole
920.73K
Shared
0.00
None
0.00
BLACKSTONE SECD LENDING FD
SOLEShares261.73K
TypeSH
Market value$7.16M
2.35%
Sole
261.73K
Shared
0.00
None
0.00
OAKTREE SPECIALTY LENDING CO
SOLEShares351.50K
TypeSH
Market value$6.83M
2.24%
Sole
351.50K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares69.92K
TypeSH
Market value$5.84M
1.92%
Sole
69.92K
Shared
0.00
None
0.00
CVB FINL CORP
SOLEShares412.25K
TypeSH
Market value$5.47M
1.80%
Sole
412.25K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares12.20K
TypeSH
Market value$5.41M
1.78%
Sole
12.20K
Shared
0.00
None
0.00
SLR INVESTMENT CORP
SOLEShares143.17K
TypeSH
Market value$2.04M
0.67%
Sole
143.17K
Shared
0.00
None
0.00
STELLUS CAP INVT CORP
SOLEShares126.19K
TypeSH
Market value$1.78M
0.58%
Sole
126.19K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares40.40K
TypeSH
Market value$1.60M
0.52%
Sole
40.40K
Shared
0.00
None
0.00
CRESCENT CAP BDC INC
SOLEShares88.27K
TypeSH
Market value$1.34M
0.44%
Sole
88.27K
Shared
0.00
None
0.00
GOLDMAN SACHS BDC INC
SOLEShares67.85K
TypeSH
Market value$940.4K
0.31%
Sole
67.85K
Shared
0.00
None
0.00
MONROE CAP CORP
SOLEShares78.44K
TypeSH
Market value$641.6K
0.21%
Sole
78.44K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.73K
TypeSH
Market value$323.8K
0.11%
Sole
1.73K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 380.42K | SH | $83.80M 27.51% | 380.42K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 765.75K | SH | $35.36M 11.61% | 765.75K | 0.00 | 0.00 |
FRANKLIN BSP RLTY TR INCSOLE | COMMON STOCK | 2.20M | SH | $31.10M 10.21% | 2.20M | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS3000IDX | 104.23K | SH | $20.58M 6.76% | 104.23K | 0.00 | 0.00 |
SIXTH STREET SPECIALTY LENDISOLE | COM | 767.19K | SH | $14.34M 4.71% | 767.19K | 0.00 | 0.00 |
ARES CAPITAL CORPSOLE | COM | 687.21K | SH | $12.91M 4.24% | 687.21K | 0.00 | 0.00 |
OWL ROCK CAPITAL CORPORATIONSOLE | COM | 957.65K | SH | $12.85M 4.22% | 957.65K | 0.00 | 0.00 |
GOLUB CAP BDC INCSOLE | COM | 863.66K | SH | $11.66M 3.83% | 863.66K | 0.00 | 0.00 |
NEW MTN FIN CORPSOLE | COM | 829.13K | SH | $10.31M 3.39% | 829.13K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 120.11K | SH | $9.09M 2.98% | 120.11K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 206.68K | SH | $8.41M 2.76% | 206.68K | 0.00 | 0.00 |
BLACKROCK TCP CAPITAL CORPSOLE | COM | 688.58K | SH | $7.51M 2.47% | 688.58K | 0.00 | 0.00 |
BARINGS BDC INCSOLE | COM | 920.73K | SH | $7.22M 2.37% | 920.73K | 0.00 | 0.00 |
BLACKSTONE SECD LENDING FDSOLE | COMMON STOCK | 261.73K | SH | $7.16M 2.35% | 261.73K | 0.00 | 0.00 |
OAKTREE SPECIALTY LENDING COSOLE | COM | 351.50K | SH | $6.83M 2.24% | 351.50K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 69.92K | SH | $5.84M 1.92% | 69.92K | 0.00 | 0.00 |
CVB FINL CORPSOLE | COM | 412.25K | SH | $5.47M 1.80% | 412.25K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 12.20K | SH | $5.41M 1.78% | 12.20K | 0.00 | 0.00 |
SLR INVESTMENT CORPSOLE | COM | 143.17K | SH | $2.04M 0.67% | 143.17K | 0.00 | 0.00 |
STELLUS CAP INVT CORPSOLE | COM | 126.19K | SH | $1.78M 0.58% | 126.19K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 40.40K | SH | $1.60M 0.52% | 40.40K | 0.00 | 0.00 |
CRESCENT CAP BDC INCSOLE | COM | 88.27K | SH | $1.34M 0.44% | 88.27K | 0.00 | 0.00 |
GOLDMAN SACHS BDC INCSOLE | SHS | 67.85K | SH | $940.4K 0.31% | 67.85K | 0.00 | 0.00 |
MONROE CAP CORPSOLE | COM | 78.44K | SH | $641.6K 0.21% | 78.44K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 1.73K | SH | $323.8K 0.11% | 1.73K | 0.00 | 0.00 |
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