Elm Partners Management LLC
- SEC CIK
- 0001743941
- Latest filing
- Jul 28, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 10, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 154
- +8 vs. Q3 2025
- Portfolio value
- $2.20B
- +$212.9M (+10.7%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Vanguard Morningstar Total Stock Market ETF922908769 | ETF | 996,018 | $333.9M | 15.2% | +54,790+5.8% | Added | – |
| Vanguard Ftse Emerging Markets ETF922042858 | ETF | 4,625,697 | $248.7M | 11.3% | +525,150+12.8% | Added | – |
| Schwab US Tips ETF808524870 | ETF | 7,072,390 | $187.3M | 8.5% | +1,565,715+28.4% | Added | – |
| Vanguard Intl Equity Index F922042874 | FTSE EUROPE ETF | 2,196,125 | $183.6M | 8.3% | +305,451+16.2% | Added | – |
| Series Portfolios Tr81752T429 | ELM MARKET NAVIG | 4,496,630 | $122.5M | 5.6% | −1,552,255−25.7% | Reduced | – |
| Vanguard Intl Equity Index F922042866 | FTSE PACIFIC ETF | 1,207,832 | $109.2M | 5.0% | +82,677+7.3% | Added | – |
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 1,484,000 | $99.8M | 4.5% | −17,164−1.1% | Reduced | – |
| Vanguard Scottsdale FDS92206C102 | SHORT TERM TREAS | 1,328,709 | $78.0M | 3.5% | +488,675+58.2% | Added | – |
| Vanguard S&P 500 ETF922908363 | ETF | 120,434 | $75.5M | 3.4% | +29,814+32.9% | Added | – |
| Vanguard Total Bond Market ETF921937835 | ETF | 991,972 | $73.5M | 3.3% | +421,657+73.9% | Added | – |
| iShares Core MSCI Europe ETF46434V738 | ETF | 961,294 | $68.2M | 3.1% | −82,867−7.9% | Reduced | – |
| iShares Tr464287150 | CORE S&P TTL STK | 404,268 | $60.1M | 2.7% | −6,113−1.5% | Reduced | – |
| iShares Tr46436E718 | 0-3 MTH TREASURY | 479,084 | $48.1M | 2.2% | −326,134−40.5% | Reduced | – |
| iShares Tr46429B747 | 0-5 YR TIPS ETF | 428,603 | $43.9M | 2.0% | −15,236−3.4% | Reduced | – |
| SPDR Index Shs FDS78463X509 | ST PORT MARK ETF | 876,410 | $41.0M | 1.9% | +166,863+23.5% | Added | – |
| J P Morgan Exchange Traded F46641Q191 | BETA EURO ET NE | 556,073 | $40.8M | 1.8% | +55,283+11.0% | Added | – |
| iShares Tr46434V696 | CORE MSCI PAC | 489,530 | $35.8M | 1.6% | +16,183+3.4% | Added | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 291,724 | $29.1M | 1.3% | +109,813+60.4% | Added | – |
| J P Morgan Exchange Traded F46641Q225 | BETA CDA ETF NEW | 295,147 | $27.4M | 1.2% | +19,267+7.0% | Added | – |
| Vanguard Morningstar Value ETF922908744 | ETF | 125,961 | $24.1M | 1.1% | +11,018+9.6% | Added | – |
| Vanguard Mun BD FDS922907746 | TAX EXEMPT BD | 452,643 | $22.8M | 1.0% | +317,820+235.7% | Added | – |
| NVDANVIDIA Corp | Stock | 110,132 | $20.5M | 0.9% | −22,371−16.9% | Reduced | History |
| Vanguard Morningstar Small-Cap ETF922908751 | ETF | 74,845 | $19.3M | 0.9% | −2,164−2.8% | Reduced | – |
| iShares Tr464288414 | NATIONAL MUN ETF | 130,108 | $13.9M | 0.6% | +79,956+159.4% | Added | – |
| Schwab U.S. REIT ETF808524847 | ETF | 627,312 | $13.1M | 0.6% | +63,271+11.2% | Added | – |
| iShares Core S&P 500 ETF464287200 | ETF | 14,610 | $10.0M | 0.5% | −90−0.6% | Reduced | – |
| Vanguard Real Estate ETF922908553 | ETF | 96,023 | $8.50M | 0.4% | +29,780+45.0% | Added | – |
| Vanguard Instl Index FD922040845 | 0 3 MO TR BI ETF | 108,898 | $8.21M | 0.4% | +108,898 | New | – |
| iShares Inc464286509 | MSCI CDA ETF | 112,477 | $6.07M | 0.3% | −3,356−2.9% | Reduced | – |
| AAPLApple Inc. | Stock | 19,832 | $5.39M | 0.2% | −4,951−20.0% | Reduced | History |
| Dimensional ETF Trust25434V401 | US EQUI MARK ETF | 70,637 | $5.24M | 0.2% | 00.0% | Unchanged | – |
| Vanguard Financials ETF92204A405 | ETF | 37,784 | $5.04M | 0.2% | +16,959+81.4% | Added | – |
| iShares Core S&P US Value ETF464287663 | ETF | 45,133 | $4.63M | 0.2% | −29−0.1% | Reduced | – |
| BRK.ABerkshire Hathaway Inc | CL A | 6 | $4.53M | 0.2% | 00.0% | Unchanged | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 6,364 | $4.34M | 0.2% | −699−9.9% | Reduced | History |
| CRWDCrowdStrike Holdings, Inc. | Stock | 9,094 | $4.26M | 0.2% | 00.0% | Unchanged | History |
| LLYEli Lilly & Co | Stock | 3,837 | $4.12M | 0.2% | −64−1.6% | Reduced | History |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 27,373 | $3.94M | 0.2% | +4,539+19.9% | AddedConverted for a 2-for-1 split | – |
| Schwab International Equity ETF808524805 | ETF | 163,644 | $3.93M | 0.2% | +8,762+5.7% | Added | – |
| Vanguard Information Technology ETF92204A702 | ETF | 5,170 | $3.90M | 0.2% | +450+9.5% | Added | – |
| COHRCoherent Corp. | COM | 19,998 | $3.69M | 0.2% | 00.0% | Unchanged | History |
| Vanguard Ftse Developed Markets ETF921943858 | ETF | 59,046 | $3.69M | 0.2% | +6,680+12.8% | Added | – |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 42,976 | $3.45M | 0.2% | +3,878+9.9% | Added | – |
| BNBROOKFIELD Corp | CL A LTD VT SH | 69,811 | $3.20M | 0.1% | +23,270+50.0% | Added | History |
| IBMInternational Business Machines Corp | Stock | 10,778 | $3.19M | 0.1% | +403+3.9% | Added | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 57,384 | $3.14M | 0.1% | +28,645+99.7% | Added | – |
| VRTVertiv Holdings Co | COM CL A | 19,053 | $3.09M | 0.1% | 00.0% | Unchanged | History |
| Vanguard Consumer Discretionary ETF92204A108 | ETF | 7,496 | $2.95M | 0.1% | +818+12.2% | Added | – |
| Vanguard Health Care ETF92204A504 | ETF | 10,005 | $2.88M | 0.1% | +4,788+91.8% | Added | – |
| Schwab U.S. Broad Market ETF808524102 | ETF | 106,827 | $2.80M | 0.1% | +12,415+13.1% | Added | – |
| MSFTMicrosoft Corp | Stock | 5,331 | $2.58M | 0.1% | +36+0.7% | Added | History |
| iShares Core S&P Small Cap ETF464287804 | ETF | 21,045 | $2.53M | 0.1% | +756+3.7% | Added | – |
| Vanguard Communication Services ETF92204A884 | ETF | 12,864 | $2.49M | 0.1% | +2,108+19.6% | Added | – |
| GOOGLAlphabet Inc. | Stock | 7,361 | $2.30M | 0.1% | −126−1.7% | Reduced | History |
| Vanguard Industrials ETF92204A603 | ETF | 6,882 | $2.05M | 0.1% | +1,973+40.2% | Added | – |
| RTXRTX Corp | Stock | 9,347 | $1.71M | 0.1% | +48+0.5% | Added | History |
| AMDAdvanced Micro Devices Inc | Stock | 7,998 | $1.71M | 0.1% | +296+3.8% | Added | History |
| iShares S&P 500 Value ETF464287408 | ETF | 7,791 | $1.65M | 0.1% | +94+1.2% | Added | – |
| GOOGAlphabet Inc. | Stock | 4,977 | $1.56M | 0.1% | +4,977 | New | History |
| Franklin Templeton ETF Tr35473P827 | FTSE CANADA | 30,762 | $1.49M | 0.1% | +30.0% | Added | – |
| Vanguard Star FDS921909768 | VG TL INTL STK F | 18,391 | $1.39M | 0.1% | +43+0.2% | Added | – |
| JPMJPMorgan Chase & Co | Stock | 4,114 | $1.33M | 0.1% | +204+5.2% | Added | History |
| AVGOBroadcom Inc. | Stock | 3,600 | $1.25M | 0.1% | −31−0.9% | Reduced | History |
| LRCXLam Research Corp | Stock | 7,250 | $1.24M | 0.1% | +2,240+44.7% | Added | History |
| State Street Industrial Select Sector SPDR ETF81369Y704 | ETF | 7,789 | $1.21M | 0.1% | +966+14.2% | Added | – |
| Vanguard Morningstar Growth ETF922908736 | ETF | 2,414 | $1.18M | 0.1% | +711+41.7% | Added | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 12,848 | $1.15M | 0.1% | +54+0.4% | Added | – |
| DUKDuke Energy CORP | Stock | 9,254 | $1.08M | <0.1% | +83+0.9% | Added | History |
| BTCGrayscale Bitcoin Mini Trust ETF | ETF | 27,600 | $1.07M | <0.1% | +27,600 | New | History |
| BRK.BBerkshire Hathaway Inc | Stock | 2,110 | $1.06M | <0.1% | +301+16.6% | Added | History |
| ABBVAbbVie Inc. | Stock | 4,585 | $1.05M | <0.1% | +39+0.9% | Added | History |
| Schwab U.S. Small-Cap ETF808524607 | ETF | 35,815 | $1.02M | <0.1% | +3,412+10.5% | Added | – |
| AMZNAmazon Com Inc | Stock | 4,399 | $1.02M | <0.1% | −2,847−39.3% | Reduced | History |
| COSTCostco Wholesale Corp | Stock | 1,154 | $995.1K | <0.1% | +115+11.1% | Added | History |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 4,521 | $993.6K | <0.1% | +932+26.0% | Added | – |
| NFLXNetflix Inc | Stock | 9,763 | $915.4K | <0.1% | −8,067−45.2% | ReducedConverted for a 10-for-1 split | History |
| METAMeta Platforms, Inc. | Stock | 1,319 | $870.4K | <0.1% | −9−0.7% | Reduced | History |
| iShares Russell 1000 Growth ETF464287614 | ETF | 1,689 | $799.5K | <0.1% | −6,160−78.5% | Reduced | – |
| ALNYAlnylam Pharmaceuticals, Inc. | COM | 2,008 | $798.5K | <0.1% | +2,008 | New | History |
| DDominion Energy, Inc | Stock | 13,078 | $766.2K | <0.1% | 00.0% | Unchanged | History |
| MKLMarkel Group Inc. | COM | 349 | $750.2K | <0.1% | +50+16.7% | Added | History |
| Vanguard Morningstar Small-Cap Value ETF922908611 | ETF | 3,471 | $735.2K | <0.1% | −1,151−24.9% | Reduced | – |
| iShares Core S&P U.S. Growth ETF464287671 | ETF | 4,148 | $696.6K | <0.1% | −27−0.6% | Reduced | – |
| iShares Russell 2000 ETF464287655 | ETF | 2,772 | $682.4K | <0.1% | +514+22.8% | Added | – |
| iShares S&P 100 ETF464287101 | ETF | 1,989 | $682.2K | <0.1% | 00.0% | Unchanged | – |
| XOMExxonMobil Holdings Corp | COM | 5,644 | $679.2K | <0.1% | +156+2.8% | Added | History |
| Vanguard Ftse All-World Ex-US Index Fund922042775 | ETF | 9,162 | $674.0K | <0.1% | +3,636+65.8% | Added | – |
| Vanguard Morningstar Mid-Cap Value ETF922908512 | ETF | 3,584 | $635.7K | <0.1% | +10.0% | Added | – |
| State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663 | ETF | 6,683 | $610.7K | <0.1% | −309−4.4% | Reduced | – |
| ORCLOracle Corp | Stock | 2,892 | $563.7K | <0.1% | 00.0% | Unchanged | History |
| iShares Tips Bond ETF464287176 | ETF | 5,116 | $562.3K | <0.1% | +1,950+61.6% | Added | – |
| BACBank of America Corp | Stock | 10,162 | $558.9K | <0.1% | +1,227+13.7% | Added | History |
| SRESempra | Stock | 6,153 | $543.2K | <0.1% | −189−3.0% | Reduced | History |
| iShares S&P 500 Growth ETF464287309 | ETF | 4,406 | $543.1K | <0.1% | +5+0.1% | Added | – |
| Schwab U.S. Large-Cap Value ETF808524409 | ETF | 17,881 | $529.5K | <0.1% | +5,666+46.4% | Added | – |
| PLDPrologis, Inc. | REIT | 4,028 | $514.2K | <0.1% | +4,028 | New | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 1,614 | $490.5K | <0.1% | +89+5.8% | Added | History |
| IAUiShares Gold Trust | ETF | 5,914 | $480.0K | <0.1% | +1,600+37.1% | Added | History |
| VVisa Inc. | Stock | 1,307 | $458.4K | <0.1% | 00.0% | Unchanged | History |
| DLOdLocal Ltd | CLASS A COM | 32,000 | $452.5K | <0.1% | +32,000 | New | History |
Sold out since Q3 2025 (5)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 4,446 | $618.8K | <0.1% | – |
| Vanguard Total International Bond ETF92203J407 | ETF | 7,187 | $355.5K | <0.1% | – |
| Vanguard Energy ETF92204A306 | ETF | 2,535 | $319.1K | <0.1% | – |
| iShares Tr46435G243 | ESG AWRE 1 5 YR | 10,819 | $273.8K | <0.1% | – |
| EBAYeBay Inc | COM | 2,246 | $204.3K | <0.1% | History |