Cliffwater LLC — Q2 2021 13F Holdings

Name: Cliffwater LLC — 13F Holdings, Q2 2021
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	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	24.62%	+3.13%	+2.78%
2	VEA	Vanguard Ftse Developed ETF	ETF-Other	21.96%	+2.98%	-12.04%
3	VTHR	Vanguard Russell 3000	ETF-Other	4.81%	+2.70%	-7.77%
4	NMFC	New Mountain Finance CORP	Stock-Other	4.09%	—	-34.67%
5	TSLX	Sixth Street Specialty Lendi	Stock-Other	4.02%	—	-25.97%
6	ARCC	Ares Capital CORP	Stock-Financials	3.97%	—	-31.23%
7	OBDC	Blue Owl Capital CORP	Stock-Financials	3.96%	—	-28.23%
8	TCPC	Blackrock Tcp Capital CORP	Stock-Other	3.92%	—	-31.84%
9	GBDC	Golub Capital Bdc INC	Stock-Financials	3.92%	—	-31.27%
10	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	3.75%	+0.37%	-10.91%
11	BBDC	Barings Bdc INC	Stock-Other	3.10%	+0.04%	-12.95%
12	VWO	Vanguard Ftse Emerging Marke	ETF-Emerging Markets	3.00%	+0.63%	-1.07%
13	CVBF	Cvb Financial CORP	Stock-Other	2.67%	+0.51%	+62.42%
14	VNQ	Vanguard Real Estate ETF	ETF-Other	1.73%	+0.34%	+8.94%
15	GSBD	Goldman Sachs Bdc INC	Stock-Other	1.72%	—	-29.08%
16	FSC1EUR	Oaktree Specialty Lending Co	Stock-Other	1.68%	—	-26.91%
17	SLRC	Slr Investment CORP	Stock-Other	1.67%	—	-23.61%
18	MRCC	Monroe Capital CORP	Stock-Other	1.48%	—	-22.33%
19	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.38%	+0.10%	—
20	CCAP	Crescent Capital Bdc INC	Stock-Other	1.14%	—	-46.11%
21	SCM	Stellus Capital Investment C	Stock-Other	0.80%	—	-8.72%
22	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	0.47%	+0.15%	+83.52%
23	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.10%	-0.06%	EXIT
24	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.02%	—	+3.19%

Position changes disclosed by Cliffwater LLC for the quarter ending Q2 2021, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VEA	Vanguard Ftse Developed ETF	—	EXIT	Sold out
2	VTI	Vanguard Total Stock Mkt ETF	—	EXIT	Sold out
3	NMFC	New Mountain Finance CORP	—	EXIT	Sold out
4	TCPC	Blackrock Tcp Capital CORP	—	EXIT	Sold out
5	ARCC	Ares Capital CORP	—	EXIT	Sold out
6	GBDC	Golub Capital Bdc INC	—	EXIT	Sold out
7	OBDC	Blue Owl Capital CORP	—	EXIT	Sold out
8	TSLX	Sixth Street Specialty Lendi	—	EXIT	Sold out
9	VTHR	Vanguard Russell 3000	—	EXIT	Sold out
10	VCSH	Vanguard S/t CORP Bond ETF	—	EXIT	Sold out
11	BBDC	Barings Bdc INC	—	EXIT	Sold out
12	VWO	Vanguard Ftse Emerging Marke	—	EXIT	Sold out
13	GSBD	Goldman Sachs Bdc INC	—	EXIT	Sold out
14	FSC1EUR	Oaktree Specialty Lending Co	—	EXIT	Sold out
15	SLRC	Slr Investment CORP	—	EXIT	Sold out
16	CCAP	Crescent Capital Bdc INC	—	EXIT	Sold out
17	MRCC	Monroe Capital CORP	—	EXIT	Sold out
18	CVBF	Cvb Financial CORP	—	EXIT	Sold out
19	VNQ	Vanguard Real Estate ETF	—	EXIT	Sold out
20	SPY	Ss Spdr S&p 500 ETF Trust-us	—	EXIT	Sold out
21	SCM	Stellus Capital Investment C	—	EXIT	Sold out
22	EEM	Ishares Msci Emerging Market	—	EXIT	Sold out
23	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
24	IEFA	Ishares Core Msci Eafe ETF	—	EXIT	Sold out