Institutional
Cliffwater LLC
CIK 0001659851
$377.4M
Reported AUM
20
Positions
Q1 2026
Period
2026-05-13
Filed
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | VTI | VANGUARD INDEX FDS | $363.38 | -2.68% | 24.59% | 71.45% | $103.2M | 27.34% | −22,406 | −6.5% |
| 2 | OTF | BLUE OWL TECHNOLOGY FIN CORP | $11.29 | -1.74% | -21.11% | -17.82% | $73.2M | 19.40% | — | HELD |
| 3 | VTHR | VANGUARD SCOTTSDALE FDS | $325.21 | -2.58% | 24.24% | 71.43% | $59.1M | 15.66% | — | HELD |
| 4 | VEA | VANGUARD TAX-MANAGED FDS | $69.17 | -3.72% | 26.80% | 55.20% | $49.4M | 13.08% | — | HELD |
| 5 | VGIT | VANGUARD SCOTTSDALE FDS | $58.56 | -0.41% | 3.95% | -1.09% | $46.0M | 12.18% | — | HELD |
| 6 | VWO | VANGUARD INTL EQUITY INDEX F | $58.03 | -3.78% | 23.65% | 32.53% | $11.3M | 2.98% | — | HELD |
| 7 | CVBF | CVB FINL CORP | $20.50 | 0.29% | 12.40% | 30.45% | $8.0M | 2.12% | — | HELD |
| 8 | VCSH | VANGUARD SCOTTSDALE FDS | $78.61 | -0.29% | 4.93% | 11.78% | $7.1M | 1.88% | −692 | −0.8% |
| 9 | SPY | SPDR S&P 500 ETF TR | $737.55 | -2.58% | 24.51% | 79.50% | $7.0M | 1.85% | −1,452 | −11.9% |
| 10 | VNQ | VANGUARD INDEX FDS | $96.79 | 0.72% | 11.98% | 9.39% | $6.2M | 1.64% | — | HELD |
| 11 | EEM | ISHARES TR | $64.59 | -6.53% | 40.98% | 40.06% | $2.3M | 0.61% | — | HELD |
| 12 | CGBD | CARLYLE SECURED LENDING INC | $10.64 | -1.39% | -13.70% | 40.92% | $2.3M | 0.60% | — | HELD |
| 13 | BBDC | BARINGS BDC INC | $8.34 | -0.95% | 9.69% | 34.23% | $1.0M | 0.28% | — | HELD |
| 14 | CVNA | CARVANA CO | $66.51 | 0.48% | -2.61% | -1.48% | $586K | 0.16% | — | HELD |
| 15 | TOST | TOAST INC | $24.64 | -2.30% | -44.01% | -53.70% | $254K | 0.07% | — | HELD |
| 16 | RBRK | RUBRIK INC. | $73.41 | -4.66% | -25.02% | 140.85% | $156K | 0.04% | — | HELD |
| 17 | NU | NU HLDGS LTD | $11.97 | -1.24% | -1.48% | 61.32% | $136K | 0.04% | — | HELD |
| 18 | BKLN | INVESCO EXCH TRADED FD TR II | $20.46 | -0.20% | 4.40% | 29.18% | $120K | 0.03% | — | HELD |
| 19 | IEFA | ISHARES TR | $95.56 | -2.60% | 18.86% | 46.61% | $94K | 0.02% | — | HELD |
| 20 | OSCR | OSCAR HEALTH INC | $24.51 | 3.86% | 58.95% | 44.77% | $51K | 0.01% | — | HELD |
| 21 | ACWX | ISHARES TR | $73.92 | -3.88% | 25.80% | 48.90% | — | — | −1,048,621 | EXITED |
| 22 | IWM | ISHARES TR | $281.65 | -3.55% | 34.35% | 35.27% | — | — | −1,213 | EXITED |
Source: SEC EDGAR · accession 0001104659-26-059985. 13F discloses long positions only — shorts, foreign equities, and options are excluded.