13F HOLDINGS REPORT
Cliffwater LLC
Quarter ended Q4 2025 · Filed February 12, 2026 · Accession 0001104659-26-014313
Total Value
$476.4M
Positions
22
Other Managers
0
Confidential Omitted
No
Holdings (22)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 344,018 | $115.3M | 24.21% |
| 2 | BLUE OWL TECHNOLOGY FIN CORP | OTF | 5,908,955 | $85.9M | 18.03% |
| 3 | ISHARES TR | 464288240 | 1,048,621 | $70.4M | 14.78% |
| 4 | VANGUARD SCOTTSDALE FDS | 92206C599 | 205,503 | $61.7M | 12.96% |
| 5 | VANGUARD TAX-MANAGED FDS | 921943858 | 770,181 | $48.1M | 10.10% |
| 6 | VANGUARD SCOTTSDALE FDS | 92206C706 | 772,030 | $46.3M | 9.71% |
| 7 | VANGUARD INTL EQUITY INDEX F | 922042858 | 208,320 | $11.2M | 2.35% |
| 8 | SPDR S&P 500 ETF TR | SPY | 12,204 | $8.3M | 1.75% |
| 9 | CVB FINL CORP | 126600105 | 412,247 | $7.7M | 1.61% |
| 10 | VANGUARD SCOTTSDALE FDS | 92206C409 | 90,207 | $7.2M | 1.51% |
| 11 | VANGUARD INDEX FDS | 922908553 | 69,923 | $6.2M | 1.30% |
| 12 | CARLYLE SECURED LENDING INC | CGBD | 207,319 | $2.6M | 0.54% |
| 13 | ISHARES TR | 464287234 | 40,400 | $2.2M | 0.46% |
| 14 | BARINGS BDC INC | BBDC | 126,753 | $1.2M | 0.24% |
| 15 | CARVANA CO | CVNA | 1,865 | $787,067 | 0.17% |
| 16 | TOAST INC | TOST | 9,591 | $340,576 | 0.07% |
| 17 | ISHARES TR | 464287655 | 1,213 | $298,592 | 0.06% |
| 18 | RUBRIK INC. | RBRK | 3,184 | $243,512 | 0.05% |
| 19 | NU HLDGS LTD | NU | 9,485 | $158,779 | 0.03% |
| 20 | INVESCO EXCH TRADED FD TR II | IVZ | 5,902 | $123,942 | 0.03% |
| 21 | ISHARES TR | 46432F842 | 1,036 | $92,681 | 0.02% |
| 22 | OSCAR HEALTH INC | OSCR | 4,431 | $63,673 | 0.01% |