Filed: 5/13/2026ACC: 0001104659-26-059985
📋 What this filing means
CLIFFWATER LLC filed this quarterly 13F‑HR report disclosing 20 equity positions with a total reported market value of $377.36M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
20
Positions
$377.36M
Total AUM (reported)
9.18M
Total Shares
Allocation by class
TOTAL STK MKT$103.18M27.3%
COMMON STOCK$73.21M19.4%
VNG RUS3000IDX$59.10M15.7%
VAN FTSE DEV MKT$49.35M13.1%
INTER TERM TREAS$45.97M12.2%
COM$11.30M3.0%
FTSE EMR MKT ETF$11.26M3.0%
Portfolio Concentration
Top 3$235.49M62.4%
4–10$134.87M35.7%
11–25$7.00M1.9%
Top 3 weight
62.4%
Top 10 weight
98.1%
Voting Authority Distribution
Total shares with voting rights: 9.18M
Sole
Full voting authority
9.18M
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)
Sole20
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings20
Rows:
VANGUARD INDEX FDS
SOLEShares321.61K
TypeSH
Market value$103.18M
27.34%
Sole
321.61K
Shared
0.00
None
0.00
BLUE OWL TECHNOLOGY FIN CORP
SOLEShares5.91M
TypeSH
Market value$73.21M
19.40%
Sole
5.91M
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares205.50K
TypeSH
Market value$59.10M
15.66%
Sole
205.50K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares770.18K
TypeSH
Market value$49.35M
13.08%
Sole
770.18K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares772.03K
TypeSH
Market value$45.97M
12.18%
Sole
772.03K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares208.32K
TypeSH
Market value$11.26M
2.98%
Sole
208.32K
Shared
0.00
None
0.00
CVB FINL CORP
SOLEShares412.25K
TypeSH
Market value$7.99M
2.12%
Sole
412.25K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares89.52K
TypeSH
Market value$7.10M
1.88%
Sole
89.52K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares10.75K
TypeSH
Market value$6.99M
1.85%
Sole
10.75K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares69.92K
TypeSH
Market value$6.20M
1.64%
Sole
69.92K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares40.40K
TypeSH
Market value$2.29M
0.61%
Sole
40.40K
Shared
0.00
None
0.00
CARLYLE SECURED LENDING INC
SOLEShares207.32K
TypeSH
Market value$2.27M
0.60%
Sole
207.32K
Shared
0.00
None
0.00
BARINGS BDC INC
SOLEShares126.75K
TypeSH
Market value$1.04M
0.28%
Sole
126.75K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares1.86K
TypeSH
Market value$586.3K
0.16%
Sole
1.86K
Shared
0.00
None
0.00
TOAST INC
SOLEShares9.59K
TypeSH
Market value$254.3K
0.07%
Sole
9.59K
Shared
0.00
None
0.00
RUBRIK INC.
SOLEShares3.18K
TypeSH
Market value$155.9K
0.04%
Sole
3.18K
Shared
0.00
None
0.00
NU HLDGS LTD
SOLEShares9.48K
TypeSH
Market value$136.3K
0.04%
Sole
9.48K
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares5.90K
TypeSH
Market value$120.5K
0.03%
Sole
5.90K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.04K
TypeSH
Market value$93.8K
0.02%
Sole
1.04K
Shared
0.00
None
0.00
OSCAR HEALTH INC
SOLEShares4.43K
TypeSH
Market value$50.8K
0.01%
Sole
4.43K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 321.61K | SH | $103.18M 27.34% | 321.61K | 0.00 | 0.00 |
BLUE OWL TECHNOLOGY FIN CORPSOLE | COMMON STOCK | 5.91M | SH | $73.21M 19.40% | 5.91M | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS3000IDX | 205.50K | SH | $59.10M 15.66% | 205.50K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 770.18K | SH | $49.35M 13.08% | 770.18K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 772.03K | SH | $45.97M 12.18% | 772.03K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 208.32K | SH | $11.26M 2.98% | 208.32K | 0.00 | 0.00 |
CVB FINL CORPSOLE | COM | 412.25K | SH | $7.99M 2.12% | 412.25K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 89.52K | SH | $7.10M 1.88% | 89.52K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 10.75K | SH | $6.99M 1.85% | 10.75K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 69.92K | SH | $6.20M 1.64% | 69.92K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 40.40K | SH | $2.29M 0.61% | 40.40K | 0.00 | 0.00 |
CARLYLE SECURED LENDING INCSOLE | COM | 207.32K | SH | $2.27M 0.60% | 207.32K | 0.00 | 0.00 |
BARINGS BDC INCSOLE | COM | 126.75K | SH | $1.04M 0.28% | 126.75K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 1.86K | SH | $586.3K 0.16% | 1.86K | 0.00 | 0.00 |
TOAST INCSOLE | CL A | 9.59K | SH | $254.3K 0.07% | 9.59K | 0.00 | 0.00 |
RUBRIK INC.SOLE | CL A | 3.18K | SH | $155.9K 0.04% | 3.18K | 0.00 | 0.00 |
NU HLDGS LTDSOLE | ORD SHS CL A | 9.48K | SH | $136.3K 0.04% | 9.48K | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | SR LN ETF | 5.90K | SH | $120.5K 0.03% | 5.90K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE MSCI EAFE | 1.04K | SH | $93.8K 0.02% | 1.04K | 0.00 | 0.00 |
OSCAR HEALTH INCSOLE | CL A | 4.43K | SH | $50.8K 0.01% | 4.43K | 0.00 | 0.00 |