Cliffwater LLC Q3 2022 vs. Q4 2022: A Look at the Top Holdings

As an investor, keeping track of the performance of companies in your portfolio is essential. This also holds for Cliffwater LLC, one of the notable investment firms in America. Their recently released Q3 2022 and Q4 2022 13F holdings comparison highlights some of the portfolio changes in top holdings. In this blog post, we will be discussing the significant stock changes that have occurred in the Cliffwater LLC's portfolio.

VANGUARD INDEX FDS (VTI)

Q3 2022: 397,928 Shares

Q4 2022: 393,606 Shares

Change %: 5.4

The Vanguard Index Fund is a passive investment strategy designed to track the CRSP US Total Market Index. As of Q3 2022, VTI was Cliffwater's top holding, with 397,928 shares, valued at $71,416,000. However, in Q4 2022, Cliffwater reduced its position in the fund by 4,322 shares. The fund has a dividend yield of 1.32% and holds a total of 3699 stocks.

VANGUARD TAX-MANAGED FDS (VEA)

Q3 2022: 781,278 Shares

Q4 2022: 779,944 Shares

Change %: 15.2

Vanguard Tax-Managed Funds is designed to provide a tax-efficient version of the existing Vanguard fund. As of Q3 2022, Cliffwater held 781,278 shares, valued at approximately $28,407,000. Interestingly in Q4, the holding reduced insignificantly to 779,944 shares. The fund holds 2588 stocks, with a dividend yield of 2.47%.

BLACKROCK TCP CAPITAL CORP (TCPC)

Q3 2022: 1,279,269 Shares

Q4 2022: 1,279,269 Shares

Change %: 18.4

BlackRock TCP Capital Corp is a specialized finance company that offers financing solutions to middle-market companies in North America. As of Q3, 2022, Cliffwater held 1,279,269 shares of TCPC, valued at $13,982,000. In Q4, the company retained the same number of shares, valued at approximately $16,553,000. With a dividend yield of 10.28%, the stock appears to remain an attractive investment option.

ARES CAPITAL CORP (ARCC)

Q3 2022: 930,797 Shares

Q4 2022: 1,029,484 Shares

Change %: 21

Ares Capital Corp is a finance company that targets mid-market companies in North America and Europe. As of Q3 2022, Cliffwater invested in 930,797 shares of ARCC, worth $15,712,000. However, in Q4, they increased their holding to 1,029,484 shares worth $19,014,000. With a dividend yield of 7.66%, the increase in shares suggests Cliffwater may have confidence in the company's performance prospects.

GOLUB CAP BDC INC (GBDC)

Q3 2022: 1,212,460 Shares

Q4 2022: 1,339,707 Shares

Change %: 17.4

Golub Capital BDC, Inc. is a New York-based investment company that invests in debt securities. As of Q3, 2022, Cliffwater held 1,212,460 shares of GBDC, valued at approximately $15,022,000. In Q4, they increased their holding to 1,339,707 shares, valued at $17,630,000. The stock holds a dividend yield of 7.68% and appears to be a fantastic option for investors seeking to diversify their investment portfolio.

Conclusion

Investing in stocks requires keeping track of market changes to make informed investment decisions. Cliffwater LLC's Q3 2022 and Q4 2022 13F holdings comparison showed some significant changes in the firm's holdings. Even though they reduced their holding in some stocks, they increased in others, suggesting confidence in the general performance of the market. While these holdings may serve as a helpful guide, investors should always do their research before investing in any company.