Q2 2025 · 13F-HR
Cliffwater LLCholdings as filed
Filed 2025-08-13 · accession 0001104659-25-077496
$486.3M
Reported value
24
Positions
2025-06-30
Period end
The Brief · Cliffwater LLC · Q2 2025
AI · grounded in 13F
Cliffwater LLC established a new position in VTI valued at $106.4M. The fund also initiated new stakes in OTF for $101.8M and VTHR for $64.4M. Additional new positions include ACWX at $63.9M, VEA at $44M, and VGIT at $42.5M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $106.4M | 21.9% | 350,195 | Common | SOLE |
| 095924106 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $101.8M | 20.9% | 6,678,147 | Common | SOLE |
| 92206C599 | VTHR | VANGUARD SCOTTSDALE FDS | $64.4M | 13.2% | 235,936 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $63.9M | 13.1% | 1,048,621 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $44.0M | 9.04% | 771,122 | Common | SOLE |
| 92206C706 | VGIT | VANGUARD SCOTTSDALE FDS | $42.5M | 8.73% | 710,087 | Common | SOLE |
| 35243J101 | FBRT | FRANKLIN BSP RLTY TR INC | $10.9M | 2.25% | 1,022,788 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $10.3M | 2.12% | 208,613 | Common | SOLE |
| 126600105 | CVBF | CVB FINL CORP | $8.2M | 1.68% | 412,247 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $7.7M | 1.58% | 96,812 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $7.5M | 1.55% | 12,204 | Common | SOLE |
| 872280102 | CGBD | CARLYLE SECURED LENDING INC | $7.5M | 1.54% | 548,617 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $6.2M | 1.28% | 69,923 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $1.9M | 0.40% | 40,400 | Common | SOLE |
| 06759L103 | BBDC | BARINGS BDC INC | $1.2M | 0.24% | 126,753 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $628,430 | 0.13% | 1,865 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $285,255 | 0.06% | 3,184 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $261,753 | 0.05% | 1,213 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $198,242 | 0.04% | 4,476 | Common | SOLE |
| 70439P108 | PAY | PAYMENTUS HOLDINGS INC | $124,090 | 0.03% | 3,789 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $123,470 | 0.03% | 5,902 | Common | SOLE |
| 687793109 | OSCR | OSCAR HEALTH INC | $95,001 | 0.02% | 4,431 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $86,485 | 0.02% | 1,036 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $75,076 | 0.02% | 5,472 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.