— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Elm Partners Management LLC

Q2 2025 · Filed 2025-08-05
Market Value
$1.7B
+10.9%
Holdings
100
+22
New Purchases
34
Added To
31
Closed
3
Reduced
31
Top 10 Concentration
74.7%
Turnover
37.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VTI 14.89% 7.17% +7.72% $257M
VOO 2.84% 0.76% +2.08% $49M
IEUR 3.84% 2.11% +1.73% $66M
VPL 4.96% 3.29% +1.67% $86M
VWO 10.81% 9.34% +1.47% $186M
NVDA 1.11% 0.00% +1.11% $19M
BBEU 1.41% 0.37% +1.05% $24M
SPEM 1.69% 0.74% +0.95% $29M
SGOV 7.37% 6.95% +0.41% $127M
IPAC 1.90% 1.53% +0.37% $33M
IEMG 5.23% 4.88% +0.35% $90M
CRWD 0.27% 0.00% +0.27% $5M
BRK-A 0.21% 0.00% +0.21% $4M
VGSH 1.26% 1.09% +0.18% $22M
BN 0.17% 0.00% +0.17% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ELM 9.39% 17.23% -7.84% $162M
SCHP 6.95% 13.86% -6.91% $120M
ITOT 3.00% 4.64% -1.65% $52M
BND 1.85% 2.94% -1.09% $32M
STIP 2.68% 3.71% -1.03% $46M
VGK 8.27% 8.76% -0.49% $142M
AGG 1.09% 1.55% -0.45% $19M
IVV 0.51% 0.96% -0.45% $9M
VTV 0.65% 1.06% -0.41% $11M
SPLG 0.14% 0.55% -0.40% $2M
SCHH 0.42% 0.67% -0.24% $7M
VB 0.35% 0.57% -0.21% $6M
VNQ 0.32% 0.50% -0.18% $6M
BIL 0.05% 0.16% -0.11% $840K
SCHA 0.05% 0.13% -0.09% $783K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 25 $398M 23.1%
Large Cap 61 $1.0B 59.2%
Mid Cap 12 $142M 8.2%
Small Cap 2 $163M 9.5%

Portfolio Analytics

Avg Market Cap
$340.1B
Median Market Cap
$60.3B
Avg P/E
40.8
Median P/E
29.3
Avg Dividend Yield
0.02%
Avg Beta
0.93
# Stocks
32
# ETFs / Funds
68

Top Holdings (100 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VTI 14.89% 844,068 $257M $303.93 $145M +438,708 +108.2%
2 VWO 10.81% 3,764,989 $186M $49.46 $41M +560,232 +17.5%
3 ELM 9.39% 6,247,791 $162M $25.89 -$106M -4,621,023 -42.5%
4 VGK 8.27% 1,837,617 $142M $77.50 $6M -100,271 -5.2%
5 SGOV 7.37% 1,260,139 $127M $100.69 $19M +187,364 +17.5%
6 SCHP 6.95% 4,487,523 $120M $26.68 -$96M -3,517,179 -43.9%
7 IEMG 5.23% 1,499,500 $90M $60.03 $14M +96,225 +6.9%
8 VPL 4.96% 1,040,600 $86M $82.18 $34M +334,547 +47.4%
9 IEUR 3.84% 997,863 $66M $66.20 $33M +454,272 +83.6%
10 ITOT 3.00% 382,024 $52M $135.04 -$20M -208,762 -35.3%
11 VOO 2.84% 86,137 $49M $568.03 $37M +63,265 +276.6%
12 STIP 2.68% 447,837 $46M $102.91 -$12M -108,881 -19.6%
13 IPAC 1.90% 476,862 $33M $68.70 $9M +95,041 +24.9%
14 BND 1.85% 433,443 $32M $73.63 -$14M -188,898 -30.4%
15 SPEM 1.69% 680,445 $29M $42.74 $18M +389,991 +134.3%
16 BBEU 1.41% 361,113 $24M $67.46 $19M +268,744 +290.9%
17 VGSH 1.26% 370,468 $22M $58.78 $5M +82,415 +28.6%
18 BBCA 1.23% 261,996 $21M $80.70 $1M -12,794 -4.7%
19 NVDA 1.11% 120,475 $19M $157.99 +120,475 NEW
20 AGG 1.09% 189,411 $19M $99.20 -$5M -53,208 -21.9%
21 VTV 0.65% 63,779 $11M $176.74 -$5M -31,656 -33.2%
22 VTEB 0.57% 199,552 $10M $49.03 -$353K -4,743 -2.3%
23 IVV 0.51% 14,189 $9M $620.89 -$6M -12,420 -46.7%
24 SCHH 0.42% 345,732 $7M $21.16 -$3M -134,819 -28.1%
25 MUB 0.38% 62,781 $7M $104.48 -$266K -1,955 -3.0%
26 VB 0.35% 25,656 $6M $236.98 -$3M -14,029 -35.4%
27 VNQ 0.32% 62,123 $6M $89.06 -$2M -24,354 -28.2%
28 EWC 0.31% 117,172 $5M $46.20 $517K -2,993 -2.5%
29 CRWD 0.27% 9,000 $5M $509.31 +9,000 NEW
30 IUSV 0.25% 45,739 $4M $94.63 -$380K -5,275 -10.3%
31 BRK-A 0.21% 5 $4M $728,800.00 +5 NEW
32 SCHF 0.20% 152,095 $3M $22.10 $544K +9,642 +6.8%
33 VGT 0.17% 4,435 $3M $663.30 $2M +2,091 +89.2%
34 BN 0.17% 46,545 $3M $61.85 +46,545 NEW
35 LLY 0.16% 3,611 $3M $779.53 +3,611 NEW
36 IBM 0.16% 9,460 $3M $294.77 +9,460 NEW
37 XLK 0.15% 10,176 $3M $253.23 $2M +8,617 +552.7%
38 NFLX 0.14% 1,841 $2M $1,339.46 +1,841 NEW
39 SPLG 0.14% 33,731 $2M $72.69 -$6M -95,035 -73.8%
40 VRT 0.14% 19,053 $2M $128.41 +19,053 NEW
41 VCR 0.13% 6,410 $2M $362.32 $2M +5,232 +444.1%
42 IJR 0.13% 20,093 $2M $109.29 $71K -228 -1.1%
43 SCHB 0.12% 89,525 $2M $23.83 $205K -61 -0.1%
44 COHR 0.10% 19,998 $2M $89.21 +19,998 NEW
45 VOX 0.10% 9,831 $2M $171.03 $1M +7,809 +386.2%
46 AAPL 0.09% 7,354 $2M $205.17 $1M +6,092 +482.7%
47 XLF 0.08% 24,820 $1M $52.37 $638K +11,543 +86.9%
48 FLCA 0.07% 30,758 $1M $41.75 $867K +19,548 +174.4%
49 SPY 0.07% 2,062 $1M $617.85 -$273K -703 -25.4%
50 VIS 0.07% 4,543 $1M $280.07 $738K +2,386 +110.6%
51 RTX 0.07% 8,667 $1M $146.02 +8,667 NEW
52 VFH 0.07% 9,231 $1M $127.30 $320K +2,072 +28.9%
53 VHT 0.07% 4,619 $1M $248.34 $651K +2,747 +146.7%
54 VEA 0.07% 20,012 $1M $57.01 $257K +2,620 +15.1%
55 DUK 0.06% 9,132 $1M $118.00 +9,132 NEW
56 IVE 0.06% 5,378 $1M $195.44 $105K +412 +8.3%
57 XLI 0.06% 6,748 $995K $147.52 $768K +5,015 +289.4%
58 KMI 0.06% 33,722 $991K $29.40 +33,722 NEW
59 AMD 0.06% 6,701 $951K $141.90 +6,701 NEW
60 COST 0.05% 893 $884K $989.94 +893 NEW
61 IEFA 0.05% 10,239 $855K $83.48 $135K +725 +7.6%
62 BIL 0.05% 9,160 $840K $91.73 -$2M -17,722 -65.9%
63 SCHA 0.05% 30,957 $783K $25.30 -$1M -56,766 -64.7%
64 D 0.04% 13,069 $739K $56.52 +13,069 NEW
65 VST 0.04% 3,736 $724K $193.82 +3,736 NEW
66 XLC 0.04% 6,607 $717K $108.53 $24K -578 -8.0%
67 MSFT 0.04% 1,406 $699K $497.28 $399K +607 +76.0%
68 CTRA 0.04% 27,540 $699K $25.38 +27,540 NEW
69 OEF 0.04% 1,989 $605K $304.35 $75K +29 +1.5%
70 BRK-B 0.03% 1,238 $602K $485.90 +1,238 NEW
71 VBR 0.03% 3,034 $592K $195.03 -$96K -659 -17.8%
72 XLV 0.03% 4,338 $585K $134.79 +4,338 NEW
73 TIP 0.03% 5,310 $584K $110.04 $334K +3,060 +136.0%
74 XLP 0.03% 5,784 $468K $80.97 +5,784 NEW
75 SRE 0.03% 6,048 $458K $75.77 +6,048 NEW
76 VOE 0.03% 2,758 $454K $164.45 $36K +156 +6.0%
77 MKL 0.02% 202 $403K $1,997.36 +202 NEW
78 VCSH 0.02% 4,707 $374K $79.50 -$471K -6,003 -56.0%
79 ABBV 0.02% 1,937 $360K $185.62 $115K +771 +66.1%
80 TSM 0.02% 1,511 $342K $226.49 +1,511 NEW
81 SCHV 0.02% 12,099 $335K $27.67 $13K
82 XLY 0.02% 1,506 $327K $217.33 -$55K -431 -22.2%
83 VXUS 0.02% 4,562 $315K $69.08 -$115K -2,370 -34.2%
84 VDE 0.02% 2,378 $283K $119.12 +2,378 NEW
85 VAW 0.02% 1,444 $281K $194.83 +1,444 NEW
86 IAU 0.02% 4,314 $269K $62.36 +4,314 NEW
87 XLU 0.02% 3,273 $267K $81.66 +3,273 NEW
88 LIN 0.02% 551 $259K $469.19 +551 NEW
89 VWOB 0.01% 3,944 $258K $65.35 +3,944 NEW
90 IWS 0.01% 1,903 $251K $132.15 -$155K -1,326 -41.1%
91 GILD 0.01% 2,128 $236K $110.87 +2,128 NEW
92 GS 0.01% 326 $231K $707.76 -$22K -137 -29.6%
93 META 0.01% 311 $230K $738.71 +311 NEW
94 ETN 0.01% 623 $222K $356.99 +623 NEW
95 APH 0.01% 2,252 $222K $98.75 +2,252 NEW
96 AVGO 0.01% 806 $222K $275.48 +806 NEW
97 IWD 0.01% 1,130 $219K $194.23 -$78K -453 -28.6%
98 DXJ —% -$220K -2,000 -100.0% SOLD
99 IWN —% -$228K -1,508 -100.0% SOLD
100 STNE —% -$329K -31,436 -100.0% SOLD

New Positions

SymbolValue% Port
NVDA $19M 1.11%
CRWD $5M 0.27%
BRK-A $4M 0.21%
BN $3M 0.17%
LLY $3M 0.16%
IBM $3M 0.16%
NFLX $2M 0.14%
VRT $2M 0.14%
COHR $2M 0.10%
RTX $1M 0.07%
DUK $1M 0.06%
KMI $991K 0.06%
AMD $951K 0.06%
COST $884K 0.05%
D $739K 0.04%

Sold Out Positions

SymbolValue% Port
STNE —%
IWN —%
DXJ —%
View SEC EDGAR Filings for Elm Partners Management LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms