Q3 2025 · 13F-HR
Cliffwater LLCholdings as filed
Filed 2025-11-13 · accession 0001104659-25-111024
$474.7M
Reported value
22
Positions
2025-09-30
Period end
The Brief · Cliffwater LLC · Q3 2025
AI · grounded in 13F
Cliffwater LLC established a new position in VTI valued at $114.2M. The fund also initiated new stakes in OTF for $81.9M and VTHR for $69.4M. Other new additions include ACWX at $68.2M, VGIT at $46.3M, and VEA at $46.1M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $114.2M | 24.1% | 348,104 | Common | SOLE |
| 095924106 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $81.9M | 17.2% | 5,923,955 | Common | SOLE |
| 92206C599 | VTHR | VANGUARD SCOTTSDALE FDS | $69.4M | 14.6% | 235,936 | Common | SOLE |
| 464288240 | ACWX | ISHARES TR | $68.2M | 14.4% | 1,048,621 | Common | SOLE |
| 92206C706 | VGIT | VANGUARD SCOTTSDALE FDS | $46.3M | 9.76% | 772,030 | Common | SOLE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $46.1M | 9.72% | 770,181 | Common | SOLE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $11.3M | 2.38% | 208,320 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $8.1M | 1.71% | 12,204 | Common | SOLE |
| 126600105 | CVBF | CVB FINL CORP | $7.8M | 1.64% | 412,247 | Common | SOLE |
| 92206C409 | VCSH | VANGUARD SCOTTSDALE FDS | $7.2M | 1.52% | 90,207 | Common | SOLE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $6.4M | 1.35% | 69,923 | Common | SOLE |
| 872280102 | CGBD | CARLYLE SECURED LENDING INC | $2.6M | 0.55% | 207,319 | Common | SOLE |
| 464287234 | EEM | ISHARES TR | $2.2M | 0.45% | 40,400 | Common | SOLE |
| 06759L103 | BBDC | BARINGS BDC INC | $1.1M | 0.23% | 126,753 | Common | SOLE |
| 146869102 | CVNA | CARVANA CO | $703,553 | 0.15% | 1,865 | Common | SOLE |
| 464287655 | IWM | ISHARES TR | $293,497 | 0.06% | 1,213 | Common | SOLE |
| 781154109 | RBRK | RUBRIK INC. | $261,884 | 0.06% | 3,184 | Common | SOLE |
| 888787108 | TOST | TOAST INC | $163,419 | 0.03% | 4,476 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $123,529 | 0.03% | 5,902 | Common | SOLE |
| 46432F842 | IEFA | ISHARES TR | $90,453 | 0.02% | 1,036 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $87,607 | 0.02% | 5,472 | Common | SOLE |
| 687793109 | OSCR | OSCAR HEALTH INC | $83,879 | 0.02% | 4,431 | 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.