Filed: 8/12/2026ACC: 0001104659-26-094702
📋 What this filing means
CLIFFWATER LLC filed this quarterly 13F‑HR report disclosing 22 equity positions with a total reported market value of $401.66M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
22
Positions
$401.66M
Total AUM (reported)
10.07M
Total Shares
Allocation by class
TOTAL STK MKT$113.63M28.3%
INTER TERM TREAS$70.81M17.6%
COMMON STOCK$61.16M15.2%
VAN FTSE DEV MKT$54.78M13.6%
VNG RUS3000IDX$42.86M10.7%
COM$14.64M3.6%
FTSE EMR MKT ETF$12.43M3.1%
Portfolio Concentration
Top 3$245.60M61.1%
4–10$141.22M35.2%
11–25$14.85M3.7%
Top 3 weight
61.1%
Top 10 weight
96.3%
Voting Authority Distribution
Total shares with voting rights: 10.07M
Sole
Full voting authority
10.07M
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)
Sole22
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings22
Rows:
VANGUARD INDEX FDS
SOLEShares307.08K
TypeSH
Market value$113.63M
28.29%
Sole
307.08K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares1.20M
TypeSH
Market value$70.81M
17.63%
Sole
1.20M
Shared
0.00
None
0.00
BLUE OWL TECHNOLOGY FIN CORP
SOLEShares5.91M
TypeSH
Market value$61.16M
15.23%
Sole
5.91M
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares768.88K
TypeSH
Market value$54.78M
13.64%
Sole
768.88K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares129.31K
TypeSH
Market value$42.86M
10.67%
Sole
129.31K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares208.32K
TypeSH
Market value$12.43M
3.10%
Sole
208.32K
Shared
0.00
None
0.00
CVB FINL CORP
SOLEShares412.25K
TypeSH
Market value$9.30M
2.31%
Sole
412.25K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares10.75K
TypeSH
Market value$8.03M
2.00%
Sole
10.75K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares89.52K
TypeSH
Market value$7.07M
1.76%
Sole
89.52K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares69.92K
TypeSH
Market value$6.74M
1.68%
Sole
69.92K
Shared
0.00
None
0.00
FORBRIGHT INC
SOLEShares280.31K
TypeSH
Market value$5.13M
1.28%
Sole
280.31K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares40.40K
TypeSH
Market value$2.76M
0.69%
Sole
40.40K
Shared
0.00
None
0.00
CARLYLE SECURED LENDING INC
SOLEShares207.32K
TypeSH
Market value$2.18M
0.54%
Sole
207.32K
Shared
0.00
None
0.00
XERIS BIOPHARMA HOLDINGS INC
SOLEShares263.16K
TypeSH
Market value$2.08M
0.52%
Sole
263.16K
Shared
0.00
None
0.00
BARINGS BDC INC
SOLEShares126.75K
TypeSH
Market value$1.08M
0.27%
Sole
126.75K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares9.32K
TypeSH
Market value$613.8K
0.15%
Sole
9.32K
Shared
0.00
None
0.00
TOAST INC
SOLEShares9.59K
TypeSH
Market value$266.8K
0.07%
Sole
9.59K
Shared
0.00
None
0.00
RUBRIK INC.
SOLEShares3.18K
TypeSH
Market value$255.6K
0.06%
Sole
3.18K
Shared
0.00
None
0.00
NU HLDGS LTD
SOLEShares9.48K
TypeSH
Market value$126.7K
0.03%
Sole
9.48K
Shared
0.00
None
0.00
OSCAR HEALTH INC
SOLEShares4.43K
TypeSH
Market value$126.4K
0.03%
Sole
4.43K
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares5.90K
TypeSH
Market value$120.2K
0.03%
Sole
5.90K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares1.04K
TypeSH
Market value$100.1K
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 | 307.08K | SH | $113.63M 28.29% | 307.08K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 1.20M | SH | $70.81M 17.63% | 1.20M | 0.00 | 0.00 |
BLUE OWL TECHNOLOGY FIN CORPSOLE | COMMON STOCK | 5.91M | SH | $61.16M 15.23% | 5.91M | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 768.88K | SH | $54.78M 13.64% | 768.88K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS3000IDX | 129.31K | SH | $42.86M 10.67% | 129.31K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 208.32K | SH | $12.43M 3.10% | 208.32K | 0.00 | 0.00 |
CVB FINL CORPSOLE | COM | 412.25K | SH | $9.30M 2.31% | 412.25K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 10.75K | SH | $8.03M 2.00% | 10.75K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 89.52K | SH | $7.07M 1.76% | 89.52K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 69.92K | SH | $6.74M 1.68% | 69.92K | 0.00 | 0.00 |
FORBRIGHT INCSOLE | CL A COM | 280.31K | SH | $5.13M 1.28% | 280.31K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 40.40K | SH | $2.76M 0.69% | 40.40K | 0.00 | 0.00 |
CARLYLE SECURED LENDING INCSOLE | COM | 207.32K | SH | $2.18M 0.54% | 207.32K | 0.00 | 0.00 |
XERIS BIOPHARMA HOLDINGS INCSOLE | COM | 263.16K | SH | $2.08M 0.52% | 263.16K | 0.00 | 0.00 |
BARINGS BDC INCSOLE | COM | 126.75K | SH | $1.08M 0.27% | 126.75K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 9.32K | SH | $613.8K 0.15% | 9.32K | 0.00 | 0.00 |
TOAST INCSOLE | CL A | 9.59K | SH | $266.8K 0.07% | 9.59K | 0.00 | 0.00 |
RUBRIK INC.SOLE | CL A | 3.18K | SH | $255.6K 0.06% | 3.18K | 0.00 | 0.00 |
NU HLDGS LTDSOLE | ORD SHS CL A | 9.48K | SH | $126.7K 0.03% | 9.48K | 0.00 | 0.00 |
OSCAR HEALTH INCSOLE | CL A | 4.43K | SH | $126.4K 0.03% | 4.43K | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | SR LN ETF | 5.90K | SH | $120.2K 0.03% | 5.90K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE MSCI EAFE | 1.04K | SH | $100.1K 0.02% | 1.04K | 0.00 | 0.00 |