Filed: 2/13/2024ACC: 0001104659-24-015651
📋 What this filing means
CLIFFWATER LLC filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $349.74M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$349.74M
Total AUM (reported)
10.39M
Total Shares
Allocation by class
TOTAL STK MKT$93.51M26.7%
COM$89.88M25.7%
INTER TERM TREAS$45.34M13.0%
VAN FTSE DEV MKT$37.66M10.8%
COMMON STOCK$37.66M10.8%
VNG RUS3000IDX$15.12M4.3%
FTSE EMR MKT ETF$8.69M2.5%
Portfolio Concentration
Top 3$176.51M50.5%
4–10$111.12M31.8%
11–25$62.11M17.8%
Top 3 weight
50.5%
Top 10 weight
82.2%
Voting Authority Distribution
Total shares with voting rights: 10.39M
Sole
Full voting authority
10.39M
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)
Sole23
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings23
Rows:
VANGUARD INDEX FDS
SOLEShares394.18K
TypeSH
Market value$93.51M
26.74%
Sole
394.18K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares764.29K
TypeSH
Market value$45.34M
12.96%
Sole
764.29K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares786.25K
TypeSH
Market value$37.66M
10.77%
Sole
786.25K
Shared
0.00
None
0.00
FRANKLIN BSP RLTY TR INC
SOLEShares2.20M
TypeSH
Market value$29.67M
8.48%
Sole
2.20M
Shared
0.00
None
0.00
SIXTH STREET SPECIALTY LENDI
SOLEShares821.25K
TypeSH
Market value$17.74M
5.07%
Sole
821.25K
Shared
0.00
None
0.00
ARES CAPITAL CORP
SOLEShares779.95K
TypeSH
Market value$15.62M
4.47%
Sole
779.95K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares71.05K
TypeSH
Market value$15.12M
4.32%
Sole
71.05K
Shared
0.00
None
0.00
Blue Owl Capital Corporation
SOLEShares816.23K
TypeSH
Market value$12.05M
3.44%
Sole
816.23K
Shared
0.00
None
0.00
GOLUB CAP BDC INC
SOLEShares757.08K
TypeSH
Market value$11.43M
3.27%
Sole
757.08K
Shared
0.00
None
0.00
NEW MTN FIN CORP
SOLEShares746.12K
TypeSH
Market value$9.49M
2.71%
Sole
746.12K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares211.34K
TypeSH
Market value$8.69M
2.48%
Sole
211.34K
Shared
0.00
None
0.00
CVB FINL CORP
SOLEShares412.25K
TypeSH
Market value$8.32M
2.38%
Sole
412.25K
Shared
0.00
None
0.00
BLACKSTONE SECD LENDING FD
SOLEShares289.08K
TypeSH
Market value$7.99M
2.28%
Sole
289.08K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares101.91K
TypeSH
Market value$7.86M
2.25%
Sole
101.91K
Shared
0.00
None
0.00
BLACKROCK TCP CAPITAL CORP
SOLEShares628.93K
TypeSH
Market value$7.26M
2.08%
Sole
628.93K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares69.92K
TypeSH
Market value$6.18M
1.77%
Sole
69.92K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares12.20K
TypeSH
Market value$5.80M
1.66%
Sole
12.20K
Shared
0.00
None
0.00
OAKTREE SPECIALTY LENDING CO
SOLEShares281.99K
TypeSH
Market value$5.76M
1.65%
Sole
281.99K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares40.40K
TypeSH
Market value$1.62M
0.46%
Sole
40.40K
Shared
0.00
None
0.00
STELLUS CAP INVT CORP
SOLEShares97.19K
TypeSH
Market value$1.24M
0.35%
Sole
97.19K
Shared
0.00
None
0.00
BARINGS BDC INC
SOLEShares113.30K
TypeSH
Market value$972.1K
0.28%
Sole
113.30K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.73K
TypeSH
Market value$347.0K
0.10%
Sole
1.73K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.04K
TypeSH
Market value$72.9K
0.02%
Sole
1.04K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 394.18K | SH | $93.51M 26.74% | 394.18K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 764.29K | SH | $45.34M 12.96% | 764.29K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 786.25K | SH | $37.66M 10.77% | 786.25K | 0.00 | 0.00 |
FRANKLIN BSP RLTY TR INCSOLE | COMMON STOCK | 2.20M | SH | $29.67M 8.48% | 2.20M | 0.00 | 0.00 |
SIXTH STREET SPECIALTY LENDISOLE | COM | 821.25K | SH | $17.74M 5.07% | 821.25K | 0.00 | 0.00 |
ARES CAPITAL CORPSOLE | COM | 779.95K | SH | $15.62M 4.47% | 779.95K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS3000IDX | 71.05K | SH | $15.12M 4.32% | 71.05K | 0.00 | 0.00 |
Blue Owl Capital CorporationSOLE | COM | 816.23K | SH | $12.05M 3.44% | 816.23K | 0.00 | 0.00 |
GOLUB CAP BDC INCSOLE | COM | 757.08K | SH | $11.43M 3.27% | 757.08K | 0.00 | 0.00 |
NEW MTN FIN CORPSOLE | COM | 746.12K | SH | $9.49M 2.71% | 746.12K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 211.34K | SH | $8.69M 2.48% | 211.34K | 0.00 | 0.00 |
CVB FINL CORPSOLE | COM | 412.25K | SH | $8.32M 2.38% | 412.25K | 0.00 | 0.00 |
BLACKSTONE SECD LENDING FDSOLE | COMMON STOCK | 289.08K | SH | $7.99M 2.28% | 289.08K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 101.91K | SH | $7.86M 2.25% | 101.91K | 0.00 | 0.00 |
BLACKROCK TCP CAPITAL CORPSOLE | COM | 628.93K | SH | $7.26M 2.08% | 628.93K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 69.92K | SH | $6.18M 1.77% | 69.92K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 12.20K | SH | $5.80M 1.66% | 12.20K | 0.00 | 0.00 |
OAKTREE SPECIALTY LENDING COSOLE | COM | 281.99K | SH | $5.76M 1.65% | 281.99K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 40.40K | SH | $1.62M 0.46% | 40.40K | 0.00 | 0.00 |
STELLUS CAP INVT CORPSOLE | COM | 97.19K | SH | $1.24M 0.35% | 97.19K | 0.00 | 0.00 |
BARINGS BDC INCSOLE | COM | 113.30K | SH | $972.1K 0.28% | 113.30K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 1.73K | SH | $347.0K 0.10% | 1.73K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE MSCI EAFE | 1.04K | SH | $72.9K 0.02% | 1.04K | 0.00 | 0.00 |