Latest Cliffwater LLC Stock Portfolio

Cliffwater LLC Performance:

2025 Q1: -0.26%YTD: -0.26%2024: -0.31%

Performance for 2025 Q1 is -0.26%, and YTD is -0.26%, and 2024 is -0.31%.

About Cliffwater LLC and 13F Hedge Fund Stock Holdings

Cliffwater LLC is a hedge fund based in MARINA DEL REY, CA. On 28-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $14.3 Billions. In it's latest 13F Holdings report, Cliffwater LLC reported an equity portfolio of $382.5 Millions as of 31 Mar, 2025.

The top stock holdings of Cliffwater LLC are VB, BNDW, AAXJ. The fund has invested 25.2% of it's portfolio in VANGUARD INDEX FDS and 16.9% of portfolio in VANGUARD SCOTTSDALE FDS.

They significantly reduced their stock positions in MORGAN STANLEY DIRECT LENDIN, VANGUARD SCOTTSDALE FDS (BNDW) and VANGUARD INDEX FDS (VB). Cliffwater LLC opened new stock positions in TEMPUS AI INC and OSCAR HEALTH INC (OSCR). The fund showed a lot of confidence in some stocks as they added substantially to BARINGS BDC INC (BBDC).

Cliffwater LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cliffwater LLC made a return of -0.26% in the last quarter. In trailing 12 months, it's portfolio return was -0.38%.

New Buys

Ticker	$ Bought
tempus ai inc	666,870
tectonic therapeutic inc	272,185
rubrik inc.	194,160
oscar health inc	58,090

New stocks bought by Cliffwater LLC

Additions

Ticker	% Inc.
barings bdc inc	5.97

Additions to existing portfolio by Cliffwater LLC

Reductions

Ticker	% Reduced
morgan stanley direct lendin	-83.25
vanguard scottsdale fds	-0.76
vanguard index fds	-0.08
vanguard tax-managed fds	-0.05

Cliffwater LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by Cliffwater LLC

Sector Distribution

Cliffwater LLC has about 90.3% of it's holdings in Others sector.

Sector	%
Others	90.3
Real Estate	7.3
Financial Services	2.3

Market Cap. Distribution

Cliffwater LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	90.3
SMALL-CAP	7.6
MID-CAP	2

Stocks belong to which Index?

About 9.3% of the stocks held by Cliffwater LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	90.7
RUSSELL 2000	9.3

Top 5 Winners (%)		%
IJR	ishares tr	4.5 %
FBRT	franklin bsp rlty tr inc	1.6 %

Top 5 Winners ($)		$
FBRT	franklin bsp rlty tr inc	0.4 M
IJR	ishares tr	0.1 M

Top 5 Losers (%)		%
CVBF	cvb finl corp	-13.8 %
OSCR	oscar health inc	-10.3 %
IJR	ishares tr	-9.7 %
TOST	toast inc	-9.0 %
SPY	spdr s&p 500 etf tr	-4.5 %

Top 5 Losers ($)		$
CVBF	cvb finl corp	-1.2 M
SPY	spdr s&p 500 etf tr	-0.3 M
IJR	ishares tr	0.0 M
TOST	toast inc	0.0 M
OSCR	oscar health inc	0.0 M

Cliffwater LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Cliffwater LLC

Cliffwater LLC has 23 stocks in it's portfolio. About 95.8% of the portfolio is in top 10 stocks. CVBF proved to be the most loss making stock for the portfolio. FBRT was the most profitable stock for Cliffwater LLC last quarter.

Last Reported on: 14 May, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	VB	vanguard index fds	25.18	350,519	96,336,600	reduced	-0.08
Historical Trend of VANGUARD INDEX FDS Position Held By Cliffwater LLC What % of Portfolio is VB?: Number of VB shares held: Change in No. of Shares Held:
	BNDW	vanguard scottsdale fds	16.91	262,086	64,672,300	unchanged	0.00

	AAXJ	ishares tr	15.93	1,098,680	60,921,600	unchanged	0.00

	BNDW	vanguard scottsdale fds	11.92	767,859	45,610,800	unchanged	0.00

	VEA	vanguard tax-managed fds	10.28	773,638	39,324,000	reduced	-0.05

	FBRT	franklin bsp rlty tr inc	7.31	2,196,170	27,979,200	unchanged	0.00

	VEU	vanguard intl equity index f	2.48	209,303	9,473,050	unchanged	0.00

	BNDW	vanguard scottsdale fds	2.05	99,427	7,848,770	reduced	-0.76

	CVBF	cvb finl corp	1.99	412,247	7,610,080	unchanged	0.00

	SPY	spdr s&p 500 etf tr	1.78	12,204	6,826,800	unchanged	0.00

	VB	vanguard index fds	1.66	69,923	6,330,830	unchanged	0.00

		morgan stanley direct lendin	1.26	242,195	4,834,210	reduced	-83.25

	IJR	ishares tr	0.46	40,400	1,765,480	unchanged	0.00

	BBDC	barings bdc inc	0.32	126,753	1,209,220	added	5.97

		tempus ai inc	0.17	13,824	666,870	new

		tectonic therapeutic inc	0.07	15,369	272,185	new

	IJR	ishares tr	0.06	1,213	241,981	unchanged	0.00

		rubrik inc.	0.05	3,184	194,160	new

	BAB	invesco exch traded fd tr ii	0.03	5,902	122,171	unchanged	0.00

	TOST	toast inc	0.03	3,197	106,044	unchanged	0.00