Elm Partners Management LLC

SEC CIK: 0001743941
Latest filing: Jul 28, 2026

SEC filings (opens in a new tab)

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Jan 21, 2022. Long positions only; changes compare share counts with Q3 2021.

Positions: 33; −2 vs. Q3 2021
Portfolio value: $811.3M; +$62.2M (+8.3%) vs. Q3 2021
Filed: Jan 21, 2022; SEC

Holdings of Elm Partners Management LLC in Q4 2021
Security	Class	Shares	Value	% of portfolio	Share change	Action	History
Vanguard Morningstar Total Stock Market ETF922908769	ETF	669,935	$161.7M	19.9%	+45,408+7.3%	Added	–
Vanguard Ftse Emerging Markets ETF922042858	ETF	1,521,612	$75.3M	9.3%	−89,168−5.5%	Reduced	–
iShares Tr464287150	CORE S&P TTL STK	658,502	$70.4M	8.7%	−3,531−0.5%	Reduced	–
iShares Core MSCI Emerging Markets ETF46434G103	ETF	1,105,134	$66.2M	8.2%	+69,461+6.7%	Added	–
Vanguard Intl Equity Index F922042874	FTSE EUROPE ETF	958,202	$65.4M	8.1%	−334,364−25.9%	Reduced	–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663	ETF	581,031	$53.1M	6.5%	+433,688+294.3%	Added	–
iShares Core MSCI Europe ETF46434V738	ETF	721,958	$42.0M	5.2%	+2030.0%	Added	–
Vanguard Real Estate ETF922908553	ETF	318,526	$37.0M	4.6%	+5,378+1.7%	Added	–
Vanguard Scottsdale FDS92206C102	SHORT TERM TREAS	498,021	$30.3M	3.7%	+425,851+590.1%	Added	–
Vanguard S&P 500 ETF922908363	ETF	65,567	$28.6M	3.5%	−80−0.1%	Reduced	–
Vanguard Intl Equity Index F922042866	FTSE PACIFIC ETF	366,860	$28.6M	3.5%	−110,725−23.2%	Reduced	–
iShares Tr46434V696	CORE MSCI PAC	440,282	$28.1M	3.5%	+29,786+7.3%	Added	–
J P Morgan Exchange Traded F46641Q225	BETA CDA ETF NEW	328,841	$22.1M	2.7%	+328,841	New	–
iShares Core S&P 500 ETF464287200	ETF	42,428	$20.2M	2.5%	−566−1.3%	Reduced	–
Vanguard Morningstar Small-Cap ETF922908751	ETF	70,012	$15.8M	2.0%	−7,498−9.7%	Reduced	–
Schwab U.S. REIT ETF808524847	ETF	255,000	$13.4M	1.7%	00.0%	Unchanged	–
Vanguard Morningstar Value ETF922908744	ETF	83,614	$12.3M	1.5%	−7,038−7.8%	Reduced	–
Vanguard Intl Equity Index F922042676	GLB EX US ETF	192,077	$10.4M	1.3%	00.0%	Unchanged	–
iShares Tr464288273	EAFE SML CP ETF	69,273	$5.06M	0.6%	−338−0.5%	Reduced	–
iShares Inc464286509	MSCI CDA ETF	111,550	$4.29M	0.5%	−361−0.3%	Reduced	–
iShares Core S&P US Value ETF464287663	ETF	53,102	$4.05M	0.5%	−574−1.1%	Reduced	–
IAUiShares Gold Trust	ETF	87,161	$3.03M	0.4%	00.0%	Unchanged	History
iShares Core S&P Small Cap ETF464287804	ETF	26,000	$2.98M	0.4%	−1,673−6.0%	Reduced	–
Schwab International Small-Cap Equity ETF808524888	ETF	62,277	$2.55M	0.3%	00.0%	Unchanged	–
DBX ETF Tr233051432	XTRACK USD HIGH	58,477	$2.33M	0.3%	−141,749−70.8%	Reduced	–
iShares Tr464288414	NATIONAL MUN ETF	12,545	$1.46M	0.2%	−2,006−13.8%	Reduced	–
iShares Tips Bond ETF464287176	ETF	10,563	$1.36M	0.2%	−35,443−77.0%	Reduced	–
iShares Tr464288513	IBOXX HI YD ETF	10,386	$904.0K	0.1%	−9,538−47.9%	Reduced	–
SPYSPDR S&P 500 ETF Trust	ETF	1,441	$684.0K	0.1%	−113−7.3%	Reduced	History
Schwab U.S. Broad Market ETF808524102	ETF	5,138	$581.0K	0.1%	−1,714−25.0%	Reduced	–
Vanguard Total Bond Market ETF921937835	ETF	6,228	$528.0K	0.1%	+699+12.6%	Added	–
iShares Russell 1000 Value ETF464287598	ETF	1,820	$306.0K	<0.1%	+20+1.1%	Added	–
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718	ETF	1,829	$245.0K	<0.1%	−44−2.3%	Reduced	–

Sold out since Q3 2021 (3)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Elm Partners Management LLC sold out since Q3 2021
Security	Class	Shares in Q3 2021	Value in Q3 2021	% of portfolio in Q3 2021	History
J P Morgan Exchange-Traded F46641Q209	DIV RTN INT EQ	319,898	$20.1M	2.7%	–
Vanguard Mun BD FDS922907746	TAX EXEMPT BD	20,085	$1.10M	0.1%	–
Vanguard Scottsdale FDS92206C706	INTER TERM TREAS	14,500	$979.0K	0.1%	–