Instuitional Investor - Cliffwater Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		394,179	$93,507,142	26.73%
2.	Vanguard Scottsdale Funds		764,293	$45,337,861	12.96%
3.	Vanguard Tax-Managed Fds		786,251	$37,661,423	10.76%
4.	Franklin Bsp Realty Trust Inc.	FBRT	2,196,171	$29,670,270	8.48%
5.	Sixth Street Specialty Lendi		821,247	$17,738,935	5.07%