Elm Partners Management LLC
- SEC CIK
- 0001743941
- Latest filing
- Jul 28, 2026
Holdings in Q3 2025
Holdings as of Sep 30, 2025, filed Nov 4, 2025. Long positions only; changes compare share counts with Q2 2025.
- Positions
- 146
- +49 vs. Q2 2025
- Portfolio value
- $1.99B
- +$268.7M (+15.6%) vs. Q2 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 941,228 | $308.9M | 15.5% | +97,160+11.5% | Added | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 4,100,547 | $222.2M | 11.2% | +335,558+8.9% | Added | – |
| Series Portfolios Tr81752T429 | ELM MARKET NAVIG | 6,048,885 | $165.3M | 8.3% | −198,906−3.2% | Reduced | – |
| Vanguard Intl Equity Index F922042874 | FTSE EUROPE ETF | 1,890,674 | $150.9M | 7.6% | +53,057+2.9% | Added | – |
| Schwab US Tips ETF808524870 | ETF | 5,506,675 | $148.4M | 7.5% | +1,019,152+22.7% | Added | – |
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 1,501,164 | $99.0M | 5.0% | +1,664+0.1% | Added | – |
| Vanguard Intl Equity Index F922042866 | FTSE PACIFIC ETF | 1,125,155 | $98.8M | 5.0% | +84,555+8.1% | Added | – |
| iShares Tr46436E718 | 0-3 MTH TREASURY | 805,218 | $81.1M | 4.1% | −454,921−36.1% | Reduced | – |
| iShares Core MSCI Europe ETF46434V738 | ETF | 1,044,161 | $71.1M | 3.6% | +46,298+4.6% | Added | – |
| iShares Tr464287150 | CORE S&P TTL STK | 410,381 | $59.8M | 3.0% | +28,357+7.4% | Added | – |
| Vanguard S&P 500 ETF922908363 | ETF | 90,620 | $55.5M | 2.8% | +4,483+5.2% | Added | – |
| Vanguard Scottsdale FDS92206C102 | SHORT TERM TREAS | 840,034 | $49.4M | 2.5% | +469,566+126.7% | Added | – |
| iShares Tr46429B747 | 0-5 YR TIPS ETF | 443,839 | $45.9M | 2.3% | −3,998−0.9% | Reduced | – |
| Vanguard Total Bond Market ETF921937835 | ETF | 570,315 | $42.4M | 2.1% | +136,872+31.6% | Added | – |
| J P Morgan Exchange Traded F46641Q191 | BETA EURO ET NE | 500,790 | $34.9M | 1.8% | +139,677+38.7% | Added | – |
| iShares Tr46434V696 | CORE MSCI PAC | 473,347 | $34.8M | 1.7% | −3,515−0.7% | Reduced | – |
| SPDR Index Shs FDS78463X509 | ST PORT MARK ETF | 709,547 | $33.2M | 1.7% | +29,102+4.3% | Added | – |
| NVDANVIDIA Corp | Stock | 132,503 | $24.7M | 1.2% | +12,028+10.0% | Added | History |
| J P Morgan Exchange Traded F46641Q225 | BETA CDA ETF NEW | 275,880 | $24.1M | 1.2% | +13,884+5.3% | Added | – |
| Vanguard Morningstar Value ETF922908744 | ETF | 114,943 | $21.4M | 1.1% | +51,164+80.2% | Added | – |
| Vanguard Morningstar Small-Cap ETF922908751 | ETF | 77,009 | $19.6M | 1.0% | +51,353+200.2% | Added | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 181,911 | $18.2M | 0.9% | −7,500−4.0% | Reduced | – |
| Schwab U.S. REIT ETF808524847 | ETF | 564,041 | $12.2M | 0.6% | +218,309+63.1% | Added | – |
| iShares Core S&P 500 ETF464287200 | ETF | 14,700 | $9.84M | 0.5% | +511+3.6% | Added | – |
| Vanguard Mun BD FDS922907746 | TAX EXEMPT BD | 134,823 | $6.75M | 0.3% | −64,729−32.4% | Reduced | – |
| AAPLApple Inc. | Stock | 24,783 | $6.31M | 0.3% | +17,429+237.0% | Added | History |
| Vanguard Real Estate ETF922908553 | ETF | 66,243 | $6.06M | 0.3% | +4,120+6.6% | Added | – |
| iShares Inc464286509 | MSCI CDA ETF | 115,833 | $5.86M | 0.3% | −1,339−1.1% | Reduced | – |
| iShares Tr464288414 | NATIONAL MUN ETF | 50,152 | $5.34M | 0.3% | −12,629−20.1% | Reduced | – |
| Dimensional ETF Trust25434V401 | US EQUI MARK ETF | 70,637 | $5.12M | 0.3% | +70,637 | New | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 7,063 | $4.71M | 0.2% | +5,001+242.5% | Added | History |
| BRK.ABerkshire Hathaway Inc | CL A | 6 | $4.53M | 0.2% | +1+20.0% | Added | History |
| iShares Core S&P US Value ETF464287663 | ETF | 45,162 | $4.51M | 0.2% | −577−1.3% | Reduced | – |
| CRWDCrowdStrike Holdings, Inc. | Stock | 9,094 | $4.46M | 0.2% | +94+1.0% | Added | History |
| iShares Russell 1000 Growth ETF464287614 | ETF | 7,849 | $3.68M | 0.2% | +7,849 | New | – |
| Schwab International Equity ETF808524805 | ETF | 154,882 | $3.61M | 0.2% | +2,787+1.8% | Added | – |
| Vanguard Information Technology ETF92204A702 | ETF | 4,720 | $3.52M | 0.2% | +285+6.4% | Added | – |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 11,417 | $3.22M | 0.2% | +1,241+12.2% | Added | – |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 52,366 | $3.14M | 0.2% | +32,354+161.7% | Added | – |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 39,098 | $3.06M | 0.2% | +5,367+15.9% | Added | – |
| LLYEli Lilly & Co | Stock | 3,901 | $2.98M | 0.1% | +290+8.0% | Added | History |
| IBMInternational Business Machines Corp | Stock | 10,375 | $2.93M | 0.1% | +915+9.7% | Added | History |
| VRTVertiv Holdings Co | COM CL A | 19,053 | $2.87M | 0.1% | 00.0% | Unchanged | History |
| MSFTMicrosoft Corp | Stock | 5,295 | $2.74M | 0.1% | +3,889+276.6% | Added | History |
| Vanguard Financials ETF92204A405 | ETF | 20,825 | $2.73M | 0.1% | +11,594+125.6% | Added | – |
| Vanguard Consumer Discretionary ETF92204A108 | ETF | 6,678 | $2.65M | 0.1% | +268+4.2% | Added | – |
| Schwab U.S. Broad Market ETF808524102 | ETF | 94,412 | $2.43M | 0.1% | +4,887+5.5% | Added | – |
| iShares Core S&P Small Cap ETF464287804 | ETF | 20,289 | $2.41M | 0.1% | +196+1.0% | Added | – |
| COHRCoherent Corp. | COM | 19,998 | $2.15M | 0.1% | 00.0% | Unchanged | History |
| NFLXNetflix Inc | Stock | 1,783 | $2.14M | 0.1% | −58−3.2% | Reduced | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 46,541 | $2.13M | 0.1% | −40.0% | Reduced | History |
| Vanguard Communication Services ETF92204A884 | ETF | 10,756 | $2.02M | 0.1% | +925+9.4% | Added | – |
| GOOGLAlphabet Inc. | Stock | 7,487 | $1.82M | 0.1% | +7,487 | New | History |
| AMZNAmazon Com Inc | Stock | 7,246 | $1.59M | 0.1% | +7,246 | New | History |
| iShares S&P 500 Value ETF464287408 | ETF | 7,697 | $1.59M | 0.1% | +2,319+43.1% | Added | – |
| RTXRTX Corp | Stock | 9,299 | $1.56M | 0.1% | +632+7.3% | Added | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 28,739 | $1.55M | 0.1% | +3,919+15.8% | Added | – |
| Vanguard Industrials ETF92204A603 | ETF | 4,909 | $1.45M | 0.1% | +366+8.1% | Added | – |
| Franklin Templeton ETF Tr35473P827 | FTSE CANADA | 30,759 | $1.40M | 0.1% | +10.0% | Added | – |
| Vanguard Health Care ETF92204A504 | ETF | 5,217 | $1.35M | 0.1% | +598+12.9% | Added | – |
| Vanguard Star FDS921909768 | VG TL INTL STK F | 18,348 | $1.35M | 0.1% | +13,786+302.2% | Added | – |
| AMDAdvanced Micro Devices Inc | Stock | 7,702 | $1.25M | 0.1% | +1,001+14.9% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 3,910 | $1.23M | 0.1% | +3,910 | New | History |
| AVGOBroadcom Inc. | Stock | 3,631 | $1.20M | 0.1% | +2,825+350.5% | Added | History |
| DUKDuke Energy CORP | Stock | 9,171 | $1.13M | 0.1% | +39+0.4% | Added | History |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 12,794 | $1.12M | 0.1% | +2,555+25.0% | Added | – |
| ABBVAbbVie Inc. | Stock | 4,546 | $1.05M | 0.1% | +2,609+134.7% | Added | History |
| State Street Industrial Select Sector SPDR ETF81369Y704 | ETF | 6,823 | $1.05M | 0.1% | +75+1.1% | Added | – |
| METAMeta Platforms, Inc. | Stock | 1,328 | $974.9K | <0.1% | +1,017+327.0% | Added | History |
| Vanguard Morningstar Small-Cap Value ETF922908611 | ETF | 4,622 | $964.6K | <0.1% | +1,588+52.3% | Added | – |
| COSTCostco Wholesale Corp | Stock | 1,039 | $961.7K | <0.1% | +146+16.3% | Added | History |
| BRK.BBerkshire Hathaway Inc | Stock | 1,809 | $909.6K | <0.1% | +571+46.1% | Added | History |
| Schwab U.S. Small-Cap ETF808524607 | ETF | 32,403 | $904.0K | <0.1% | +1,446+4.7% | Added | – |
| Vanguard Morningstar Growth ETF922908736 | ETF | 1,703 | $816.9K | <0.1% | +1,703 | New | – |
| ORCLOracle Corp | Stock | 2,892 | $813.4K | <0.1% | +2,892 | New | History |
| DDominion Energy, Inc | Stock | 13,078 | $800.0K | <0.1% | +9+0.1% | Added | History |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | ETF | 6,607 | $782.1K | <0.1% | 00.0% | Unchanged | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 3,589 | $774.5K | <0.1% | +3,589 | New | – |
| TSLATesla, Inc. | Stock | 1,669 | $742.2K | <0.1% | +1,669 | New | History |
| iShares Core S&P U.S. Growth ETF464287671 | ETF | 4,175 | $686.9K | <0.1% | +4,175 | New | – |
| LRCXLam Research Corp | Stock | 5,010 | $670.8K | <0.1% | +5,010 | New | History |
| iShares S&P 100 ETF464287101 | ETF | 1,989 | $662.0K | <0.1% | 00.0% | Unchanged | – |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 6,992 | $641.5K | <0.1% | −2,168−23.7% | Reduced | – |
| Vanguard Morningstar Mid-Cap Value ETF922908512 | ETF | 3,583 | $625.5K | <0.1% | +825+29.9% | Added | – |
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 4,446 | $618.8K | <0.1% | +108+2.5% | Added | – |
| XOMExxonMobil Holdings Corp | COM | 5,488 | $618.7K | <0.1% | +5,488 | New | History |
| MKLMarkel Group Inc. | COM | 299 | $571.5K | <0.1% | +97+48.0% | Added | History |
| SRESempra | Stock | 6,342 | $570.7K | <0.1% | +294+4.9% | Added | History |
| iShares Russell 2000 Growth ETF464287648 | ETF | 1,738 | $556.2K | <0.1% | +1,738 | New | – |
| VSTVistra Corp. | Stock | 2,801 | $548.9K | <0.1% | −935−25.0% | Reduced | History |
| iShares Russell 2000 ETF464287655 | ETF | 2,258 | $546.3K | <0.1% | +2,258 | New | – |
| iShares S&P 500 Growth ETF464287309 | ETF | 4,401 | $531.3K | <0.1% | +4,401 | New | – |
| ETNEaton Corp plc | Stock | 1,332 | $498.5K | <0.1% | +709+113.8% | Added | History |
| ORLYO Reilly Automotive Inc | Stock | 4,605 | $496.5K | <0.1% | +4,605 | New | History |
| BACBank of America Corp | Stock | 8,935 | $461.0K | <0.1% | +8,935 | New | History |
| PGProcter & Gamble Co | Stock | 2,956 | $454.2K | <0.1% | +2,956 | New | History |
| VVisa Inc. | Stock | 1,307 | $446.2K | <0.1% | +1,307 | New | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 1,525 | $425.9K | <0.1% | +14+0.9% | Added | History |
| LINLinde PLC | Stock | 871 | $413.7K | <0.1% | +320+58.1% | Added | History |
| iShares Tr464287630 | RUS 2000 VAL ETF | 2,276 | $402.4K | <0.1% | +2,276 | New | – |
Options (3)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
Sold out since Q2 2025 (3)
Positions held at the end of Q2 2025 that are gone from this filing.
| Security | Class | Shares in Q2 2025 | Value in Q2 2025 | % of portfolio in Q2 2025 | History |
|---|---|---|---|---|---|
| KMIKinder Morgan, Inc. | Stock | 33,722 | $991.4K | 0.1% | History |
| CTRACoterra Energy Inc. | Stock | 27,540 | $699.0K | <0.1% | History |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 5,784 | $468.3K | <0.1% | – |