Filed: 11/13/2024ACC: 0001104659-24-117022
📋 What this filing means
CLIFFWATER LLC filed this quarterly 13F‑HR report disclosing 23 equity positions with a total reported market value of $432.42M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
23
Positions
$432.42M
Total AUM (reported)
8.83M
Total Shares
Allocation by class
TOTAL STK MKT$99.66M23.0%
MSCI ACWI EX US$80.42M18.6%
VNG RUS3000IDX$50.90M11.8%
INTER TERM TREAS$46.39M10.7%
COM SHS$42.01M9.7%
VAN FTSE DEV MKT$40.93M9.5%
COMMON STOCK$28.80M6.7%
Portfolio Concentration
Top 3$230.99M53.4%
4–10$183.48M42.4%
11–25$17.95M4.2%
Top 3 weight
53.4%
Top 10 weight
95.8%
Voting Authority Distribution
Total shares with voting rights: 8.83M
Sole
Full voting authority
8.83M
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
SOLEShares351.96K
TypeSH
Market value$99.66M
23.05%
Sole
351.96K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.41M
TypeSH
Market value$80.42M
18.60%
Sole
1.41M
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares200.67K
TypeSH
Market value$50.90M
11.77%
Sole
200.67K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares767.86K
TypeSH
Market value$46.39M
10.73%
Sole
767.86K
Shared
0.00
None
0.00
MORGAN STANLEY DIRECT LENDIN
SOLEShares2.12M
TypeSH
Market value$42.01M
9.72%
Sole
2.12M
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares775.03K
TypeSH
Market value$40.93M
9.47%
Sole
775.03K
Shared
0.00
None
0.00
FRANKLIN BSP RLTY TR INC
SOLEShares2.20M
TypeSH
Market value$28.68M
6.63%
Sole
2.20M
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares210.94K
TypeSH
Market value$10.09M
2.33%
Sole
210.94K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares100.95K
TypeSH
Market value$8.02M
1.85%
Sole
100.95K
Shared
0.00
None
0.00
CVB FINL CORP
SOLEShares412.25K
TypeSH
Market value$7.35M
1.70%
Sole
412.25K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares12.20K
TypeSH
Market value$7.00M
1.62%
Sole
12.20K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares69.92K
TypeSH
Market value$6.81M
1.58%
Sole
69.92K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares40.40K
TypeSH
Market value$1.85M
0.43%
Sole
40.40K
Shared
0.00
None
0.00
BARINGS BDC INC
SOLEShares119.61K
TypeSH
Market value$1.17M
0.27%
Sole
119.61K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.21K
TypeSH
Market value$267.9K
0.06%
Sole
1.21K
Shared
0.00
None
0.00
SIXTH STREET SPECIALTY LENDI
SOLEShares8.50K
TypeSH
Market value$174.5K
0.04%
Sole
8.50K
Shared
0.00
None
0.00
NEW MTN FIN CORP
SOLEShares12.06K
TypeSH
Market value$144.4K
0.03%
Sole
12.06K
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares5.90K
TypeSH
Market value$124.0K
0.03%
Sole
5.90K
Shared
0.00
None
0.00
BLACKSTONE SECD LENDING FD
SOLEShares4.13K
TypeSH
Market value$121.1K
0.03%
Sole
4.13K
Shared
0.00
None
0.00
BLUE OWL CAPITAL CORPORATION
SOLEShares8.30K
TypeSH
Market value$120.9K
0.03%
Sole
8.30K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.04K
TypeSH
Market value$80.9K
0.02%
Sole
1.04K
Shared
0.00
None
0.00
OAKTREE SPECIALTY LENDING CO
SOLEShares4.15K
TypeSH
Market value$67.8K
0.02%
Sole
4.15K
Shared
0.00
None
0.00
STELLUS CAP INVT CORP
SOLEShares981.00
TypeSH
Market value$13.3K
<0.01%
Sole
981.00
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 351.96K | SH | $99.66M 23.05% | 351.96K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI ACWI EX US | 1.41M | SH | $80.42M 18.60% | 1.41M | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS3000IDX | 200.67K | SH | $50.90M 11.77% | 200.67K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 767.86K | SH | $46.39M 10.73% | 767.86K | 0.00 | 0.00 |
MORGAN STANLEY DIRECT LENDINSOLE | COM SHS | 2.12M | SH | $42.01M 9.72% | 2.12M | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 775.03K | SH | $40.93M 9.47% | 775.03K | 0.00 | 0.00 |
FRANKLIN BSP RLTY TR INCSOLE | COMMON STOCK | 2.20M | SH | $28.68M 6.63% | 2.20M | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 210.94K | SH | $10.09M 2.33% | 210.94K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 100.95K | SH | $8.02M 1.85% | 100.95K | 0.00 | 0.00 |
CVB FINL CORPSOLE | COM | 412.25K | SH | $7.35M 1.70% | 412.25K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 12.20K | SH | $7.00M 1.62% | 12.20K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 69.92K | SH | $6.81M 1.58% | 69.92K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 40.40K | SH | $1.85M 0.43% | 40.40K | 0.00 | 0.00 |
BARINGS BDC INCSOLE | COM | 119.61K | SH | $1.17M 0.27% | 119.61K | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 1.21K | SH | $267.9K 0.06% | 1.21K | 0.00 | 0.00 |
SIXTH STREET SPECIALTY LENDISOLE | COM | 8.50K | SH | $174.5K 0.04% | 8.50K | 0.00 | 0.00 |
NEW MTN FIN CORPSOLE | COM | 12.06K | SH | $144.4K 0.03% | 12.06K | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | SR LN ETF | 5.90K | SH | $124.0K 0.03% | 5.90K | 0.00 | 0.00 |
BLACKSTONE SECD LENDING FDSOLE | COMMON STOCK | 4.13K | SH | $121.1K 0.03% | 4.13K | 0.00 | 0.00 |
BLUE OWL CAPITAL CORPORATIONSOLE | COM | 8.30K | SH | $120.9K 0.03% | 8.30K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE MSCI EAFE | 1.04K | SH | $80.9K 0.02% | 1.04K | 0.00 | 0.00 |
OAKTREE SPECIALTY LENDING COSOLE | COM | 4.15K | SH | $67.8K 0.02% | 4.15K | 0.00 | 0.00 |
STELLUS CAP INVT CORPSOLE | COM | 981.00 | SH | $13.3K <0.01% | 981.00 | 0.00 | 0.00 |