Cliffwater LLC — Q1 2019 13F Holdings

Name: Cliffwater LLC — 13F Holdings, Q1 2019
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001659851

Total reported value

$377.4M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	CVBF	Cvb Financial CORP	Stock-Other	49.65%	+0.51%	-0.62%
2	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	15.52%	+3.13%	+80.75%
3	VEA	Vanguard Ftse Developed ETF	ETF-Other	13.47%	+2.98%	+50.06%
4	TSLXUSD	Tpg Specialty Lending INC	Stock-Other	2.56%	—	-26.08%
5	ARCC	Ares Capital CORP	Stock-Financials	2.55%	—	-28.14%
6	NMFC	New Mountain Finance CORP	Stock-Other	2.51%	—	-18.87%
7	TCPC	Blackrock Tcp Capital CORP	Stock-Other	2.48%	—	-21.96%
8	GBDC	Golub Capital Bdc INC	Stock-Financials	2.47%	—	-18.34%
9	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	2.00%	+0.10%	-7.57%
10	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	1.57%	+0.37%	-1.94%
11	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	1.29%	+0.63%	+71.25%
12	VNQ	Vanguard Real Estate ETF	ETF-Other	0.80%	+0.34%	—
13	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.77%	-0.06%	EXIT
14	SLRC	Slr Investment CORP	Stock-Other	0.69%	—	-22.53%
15	GSBD	Goldman Sachs Bdc INC	Stock-Other	0.68%	—	-18.31%
16	MRCC	Monroe Capital CORP	Stock-Other	0.68%	—	-12.01%
17	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	0.30%	+0.15%	-33.28%
18	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.02%	—	—

Position changes disclosed by Cliffwater LLC for the quarter ending Q1 2019, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VTI	Vanguard Total Stock Mkt ETF	+6.9%	+80.75%	Add
2	VEA	Vanguard Ftse Developed ETF	+4.2%	+50.06%	Add
3	VWO	Vanguard Ftse Emerging Marke	+0.5%	+71.25%	Add
4	VNQ	Vanguard Real Estate ETF	0%	—	Unchanged
5	IEFA	Ishares Core Msci Eafe ETF	—	—	Unchanged
6	MRCC	Monroe Capital CORP	0%	-12.01%	Trim
7	EEM	Ishares Msci Emerging Market	-0.2%	-33.28%	Trim
8	GSBD	Goldman Sachs Bdc INC	-0.2%	-18.31%	Trim
9	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.2%	-7.57%	Trim
10	VCSH	Vanguard S/t CORP Bond ETF	-0.2%	-1.94%	Trim
11	IWM	Ishares Russell 2000 ETF	-0.2%	-23.58%	Trim
12	SLRC	Slr Investment CORP	-0.3%	-22.53%	Trim
13	GBDC	Golub Capital Bdc INC	-0.7%	-18.34%	Trim
14	NMFC	New Mountain Finance CORP	-0.8%	-18.87%	Trim
15	TCPC	Blackrock Tcp Capital CORP	-0.9%	-21.96%	Trim
16	TSLXUSD	Tpg Specialty Lending INC	-1%	-26.08%	Trim
17	ARCC	Ares Capital CORP	-1.1%	-28.14%	Trim
18	CVBF	Cvb Financial CORP	-5.2%	-0.62%	Trim
19	TCRDUSD	First Eagle Alternative Capi	—	EXIT	Sold out
20	FSICUSD	Fs Kkr Capital CORP	—	EXIT	Sold out