Cliffwater LLC
CIK 0001659851
Annualised vol
0.248623%
Beta
0.005277
HHI
1670.465867
Top-10 weight
96.303526%
VaR 95%
0.021116%
VaR 99%
0.040262%
Max drawdown
0.570297%
Matched value
1.645602%
Returns of reported holdings
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Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| FRBT | NEW | 280,309 | - | - | 5,126,852 |
| CGBD | UNCHANGED | 207,319 | 207,319 | 0.0% | 2,183,069 |
| XERS | NEW | 263,158 | - | - | 2,084,211 |
| BBDC | UNCHANGED | 126,753 | 126,753 | 0.0% | 1,079,936 |
| CVNA | ADDED | 9,325 | 1,865 | 400.0% | 613,772 |
| TOST | UNCHANGED | 9,591 | 9,591 | 0.0% | 266,822 |
| RBRK | UNCHANGED | 3,184 | 3,184 | 0.0% | 255,612 |
| OSCR | UNCHANGED | 4,431 | 4,431 | 0.0% | 126,372 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | 113,633,733 | 28.29 | 307085.0 | |
| - | VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 | 70,807,082 | 17.63 | 1200527.0 | |
| - | BLUE OWL TECHNOLOGY FIN CORP | COMMON STOCK | 095924106 | 61,157,684 | 15.23 | 5908955.0 | |
| - | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 54,782,771 | 13.64 | 768881.0 | |
| - | VANGUARD SCOTTSDALE FDS | VNG RUS3000IDX | 92206C599 | 42,858,353 | 10.67 | 129315.0 | |
| - | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | 12,434,621 | 3.1 | 208320.0 | |
| - | CVB FINL CORP | COM | 126600105 | 9,296,170 | 2.31 | 412247.0 | |
| - | SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 8,029,271 | 2.0 | 10752.0 | |
| - | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | 7,074,370 | 1.76 | 89515.0 | |
| - | VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | 6,742,675 | 1.68 | 69923.0 | |
| FRBT | NEW | FORBRIGHT INC | CL A COM | 34520K105 | 5,126,852 | 1.28 | 280309.0 |
| - | ISHARES TR | MSCI EMG MKT ETF | 464287234 | 2,763,764 | 0.69 | 40400.0 | |
| CGBD | UNCHANGED | CARLYLE SECURED LENDING INC | COM | 872280102 | 2,183,069 | 0.54 | 207319.0 |
| XERS | NEW | XERIS BIOPHARMA HOLDINGS INC | COM | 98422E103 | 2,084,211 | 0.52 | 263158.0 |
| BBDC | UNCHANGED | BARINGS BDC INC | COM | 06759L103 | 1,079,936 | 0.27 | 126753.0 |
| CVNA | ADDED | CARVANA CO | CL A | 146869102 | 613,772 | 0.15 | 9325.0 |
| TOST | UNCHANGED | TOAST INC | CL A | 888787108 | 266,822 | 0.07 | 9591.0 |
| RBRK | UNCHANGED | RUBRIK INC. | CL A | 781154109 | 255,612 | 0.06 | 3184.0 |
| - | NU HLDGS LTD | ORD SHS CL A | G6683N103 | 126,720 | 0.03 | 9485.0 | |
| OSCR | UNCHANGED | OSCAR HEALTH INC | CL A | 687793109 | 126,372 | 0.03 | 4431.0 |
| - | INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | 120,224 | 0.03 | 5902.0 | |
| - | ISHARES TR | CORE MSCI EAFE | 46432F842 | 100,057 | 0.02 | 1036.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 401,664,141 | 22 | 0.248623 | 0.005277 | 0.570297 |
| 2026-03-31 | 2026-05-13 | 377,360,423 | 20 | 0.193986 | 0.004688 | 0.579707 |
| 2025-12-31 | 2026-02-12 | 476,389,762 | 22 | 0.198827 | 0.004869 | 0.616202 |
| 2025-09-30 | 2025-11-13 | 474,694,010 | 22 | 0.177426 | 0.004239 | 0.526937 |
| 2025-03-31 | 2025-05-14 | 382,539,035 | 23 | 0.101984 | 0.001288 | 0.230369 |
| 2024-12-31 | 2025-02-14 | 408,723,083 | 19 | 0.031966 | 4.66E-4 | 0.082627 |