Largest positions
| Issuer | Class | Value | Share |
|---|---|---|---|
| Vanguard Index FdsTOTAL STK MKT | TOTAL STK MKT | $113,633,733 | 28.3% |
| Vanguard Scottsdale FdsINTER TERM TREAS | INTER TERM TREAS | $70,807,082 | 17.6% |
| Blue Owl Technology Fin Corp.COMMON STOCK | COMMON STOCK | $61,157,684 | 15.2% |
| Vanguard Tax-managed FdsVAN FTSE DEV MKT | VAN FTSE DEV MKT | $54,782,771 | 13.6% |
| Vanguard Scottsdale FdsVNG RUS3000IDX | VNG RUS3000IDX | $42,858,353 | 10.7% |
| Vanguard Intl Equity Index FFTSE EMR MKT ETF | FTSE EMR MKT ETF | $12,434,621 | 3.1% |
| Cvb Finl Corp.COM | COM | $9,296,170 | 2.3% |
| SPDR S&P 500 ETF TRTR UNIT | TR UNIT | $8,029,271 | 2.0% |
| Vanguard Scottsdale FdsSHRT TRM CORP BD | SHRT TRM CORP BD | $7,074,370 | 1.8% |
| Vanguard Index FdsREAL ESTATE ETF | REAL ESTATE ETF | $6,742,675 | 1.7% |
| Forbright Inc.CL A COM | CL A COM | $5,126,852 | 1.3% |
| iShares TRMSCI EMG MKT ETF | MSCI EMG MKT ETF | $2,763,764 | 0.7% |
| Carlyle Secured Lending Inc.COM | COM | $2,183,069 | 0.5% |
| Xeris Biopharma Holdings Inc.COM | COM | $2,084,211 | 0.5% |
| Barings Bdc Inc.COM | COM | $1,079,936 | 0.3% |
| Carvana COCL A | CL A | $613,772 | 0.2% |
| Toast Inc.CL A | CL A | $266,822 | 0.1% |
| Rubrik Inc..CL A | CL A | $255,612 | 0.1% |
| NU Hldgs LtdORD SHS CL A | ORD SHS CL A | $126,720 | 0.0% |
| Oscar Health Inc.CL A | CL A | $126,372 | 0.0% |
| Invesco Exch Traded FD TR IISR LN ETF | SR LN ETF | $120,224 | 0.0% |
| iShares TRCORE MSCI EAFE | CORE MSCI EAFE | $100,057 | 0.0% |
- Class
- TOTAL STK MKT
- Share
- 28.3%
- Class
- INTER TERM TREAS
- Share
- 17.6%
- Class
- COMMON STOCK
- Share
- 15.2%
- Class
- VAN FTSE DEV MKT
- Share
- 13.6%
- Class
- VNG RUS3000IDX
- Share
- 10.7%
- Class
- FTSE EMR MKT ETF
- Share
- 3.1%
- Class
- COM
- Share
- 2.3%
- Class
- TR UNIT
- Share
- 2.0%
- Class
- SHRT TRM CORP BD
- Share
- 1.8%
- Class
- REAL ESTATE ETF
- Share
- 1.7%
- Class
- CL A COM
- Share
- 1.3%
- Class
- MSCI EMG MKT ETF
- Share
- 0.7%
- Class
- COM
- Share
- 0.5%
- Class
- COM
- Share
- 0.5%
- Class
- COM
- Share
- 0.3%
- Class
- CL A
- Share
- 0.2%
- Class
- CL A
- Share
- 0.1%
- Class
- CL A
- Share
- 0.1%
- Class
- ORD SHS CL A
- Share
- 0.0%
- Class
- CL A
- Share
- 0.0%
- Class
- SR LN ETF
- Share
- 0.0%
- Class
- CORE MSCI EAFE
- Share
- 0.0%
The share class is shown on a wider screen.
The 22 largest of 22 positions by value, with holdings of the same security combined. Share counts and quarter-on-quarter changes for each position are on EDGAR. View the full information table on EDGAR
This filing
- Form
- 13F-HR
- CIK
- 1659851
- File number
- 028-18848
- Options
- 0 call, 0 put
- In the 25 largest
- 100.0%
- Prior quarter
- $377,360,423 at 31 March 2026
- Positions opened
- 2
- Positions closed
- 0
Common questions
What are Cliffwater’s 13F holdings worth?
$401,664,141 across 22 positions for the quarter ended 30 June 2026.
What is Cliffwater’s largest 13F holding?
VANGUARD INDEX FDS (TOTAL STK MKT) was the largest position at $113,633,733, or 28.3% of reported 13F value, as of 30 June 2026.
How concentrated is Cliffwater’s 13F portfolio?
The ten largest positions accounted for 96.3% of reported value and the twenty-five largest for 100.0%, across 22 positions as of 30 June 2026.
Does Form 13F show everything Cliffwater manages?
No. Form 13F covers only long positions in exchange-traded securities over which the manager has investment discretion, valued at quarter end. It excludes cash, most bonds, private funds, and any assets the firm does not have discretion over, so it is neither the firm's total assets nor any individual client's portfolio.
How often does Cliffwater file its 13F?
Every quarter. Managers file within 45 days of each quarter's end, so the figures are a snapshot that changes between filings. This page shows the quarter ended 30 June 2026.
Answered from this filing and the prior quarter's.