13F HOLDINGS REPORT
Cliffwater LLC
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0001104659-25-111024
Total Value
$474.7M
Positions
22
Other Managers
0
Confidential Omitted
No
Holdings (22)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 348,104 | $114.2M | 24.07% |
| 2 | BLUE OWL TECHNOLOGY FIN CORP | OTF | 5,923,955 | $81.9M | 17.25% |
| 3 | VANGUARD SCOTTSDALE FDS | 92206C599 | 235,936 | $69.4M | 14.63% |
| 4 | ISHARES TR | 464288240 | 1,048,621 | $68.2M | 14.36% |
| 5 | VANGUARD SCOTTSDALE FDS | 92206C706 | 772,030 | $46.3M | 9.76% |
| 6 | VANGUARD TAX-MANAGED FDS | 921943858 | 770,181 | $46.1M | 9.72% |
| 7 | VANGUARD INTL EQUITY INDEX F | 922042858 | 208,320 | $11.3M | 2.38% |
| 8 | SPDR S&P 500 ETF TR | SPY | 12,204 | $8.1M | 1.71% |
| 9 | CVB FINL CORP | 126600105 | 412,247 | $7.8M | 1.64% |
| 10 | VANGUARD SCOTTSDALE FDS | 92206C409 | 90,207 | $7.2M | 1.52% |
| 11 | VANGUARD INDEX FDS | 922908553 | 69,923 | $6.4M | 1.35% |
| 12 | CARLYLE SECURED LENDING INC | CGBD | 207,319 | $2.6M | 0.55% |
| 13 | ISHARES TR | 464287234 | 40,400 | $2.2M | 0.45% |
| 14 | BARINGS BDC INC | BBDC | 126,753 | $1.1M | 0.23% |
| 15 | CARVANA CO | CVNA | 1,865 | $703,553 | 0.15% |
| 16 | ISHARES TR | 464287655 | 1,213 | $293,497 | 0.06% |
| 17 | RUBRIK INC. | RBRK | 3,184 | $261,884 | 0.06% |
| 18 | TOAST INC | TOST | 4,476 | $163,419 | 0.03% |
| 19 | INVESCO EXCH TRADED FD TR II | IVZ | 5,902 | $123,529 | 0.03% |
| 20 | ISHARES TR | 46432F842 | 1,036 | $90,453 | 0.02% |
| 21 | NU HLDGS LTD | NU | 5,472 | $87,607 | 0.02% |
| 22 | OSCAR HEALTH INC | OSCR | 4,431 | $83,879 | 0.02% |