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Asset Manager ← All Institutions

Elm Partners Management LLC

Q3 2025 · Filed 2025-11-04
Market Value
$2.0B
+15.6%
Holdings
149
+49
New Purchases
52
Added To
73
Closed
3
Reduced
15
Top 10 Concentration
70.6%
Turnover
36.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VGSH 2.48% 1.26% +1.22% $49M
VB 0.98% 0.35% +0.63% $20M
VTI 15.51% 14.89% +0.62% $309M
SCHP 7.45% 6.95% +0.50% $148M
VTV 1.08% 0.65% +0.42% $21M
VWO 11.16% 10.81% +0.35% $222M
BBEU 1.75% 1.41% +0.34% $35M
BND 2.13% 1.85% +0.28% $42M
DFUS 0.26% 0.00% +0.26% $5M
AAPL 0.32% 0.09% +0.23% $6M
SCHH 0.61% 0.42% +0.19% $12M
IWF 0.18% 0.00% +0.18% $4M
SPY 0.24% 0.07% +0.16% $5M
NVDA 1.24% 1.11% +0.14% $25M
MSFT 0.14% 0.04% +0.10% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SGOV 4.07% 7.37% -3.29% $81M
ELM 8.30% 9.39% -1.09% $165M
VGK 7.58% 8.27% -0.69% $151M
STIP 2.30% 2.68% -0.37% $46M
IEUR 3.57% 3.84% -0.26% $71M
IEMG 4.97% 5.23% -0.26% $99M
VTEB 0.34% 0.57% -0.23% $7M
AGG 0.92% 1.09% -0.17% $18M
IPAC 1.75% 1.90% -0.16% $35M
MUB 0.27% 0.38% -0.11% $5M
BN 0.11% 0.17% -0.06% $2M
KMI 0.00% 0.06% -0.06% $0
VOO 2.79% 2.84% -0.05% $55M
CRWD 0.22% 0.27% -0.04% $4M
CTRA 0.00% 0.04% -0.04% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 44 $515M 25.8%
Large Cap 87 $1.1B 57.4%
Mid Cap 15 $167M 8.4%
Small Cap 3 $167M 8.4%

Portfolio Analytics

Avg Market Cap
$359.6B
Median Market Cap
$91.4B
Avg P/E
41.2
Median P/E
26.6
Avg Dividend Yield
0.01%
Avg Beta
0.93
# Stocks
63
# ETFs / Funds
86

Top Holdings (149 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VTI 15.51% 941,228 $309M $328.17 $52M +97,160 +11.5%
2 VWO 11.16% 4,100,547 $222M $54.18 $36M +335,558 +8.9%
3 ELM 8.30% 6,048,885 $165M $27.33 $4M -198,906 -3.2%
4 VGK 7.58% 1,890,674 $151M $79.80 $8M +53,057 +2.9%
5 SCHP 7.45% 5,506,675 $148M $26.95 $29M +1,019,152 +22.7%
6 IEMG 4.97% 1,501,164 $99M $65.92 $9M +1,664 +0.1%
7 VPL 4.96% 1,125,155 $99M $87.84 $13M +84,555 +8.1%
8 SGOV 4.07% 805,218 $81M $100.70 -$46M -454,921 -36.1%
9 IEUR 3.57% 1,044,161 $71M $68.12 $5M +46,298 +4.6%
10 ITOT 3.00% 410,381 $60M $145.65 $8M +28,357 +7.4%
11 VOO 2.79% 90,620 $55M $612.38 $7M +4,483 +5.2%
12 VGSH 2.48% 840,034 $49M $58.85 $28M +469,566 +126.8%
13 STIP 2.30% 443,839 $46M $103.36 -$212K -3,998 -0.9%
14 BND 2.13% 570,315 $42M $74.37 $10M +136,872 +31.6%
15 BBEU 1.75% 500,790 $35M $69.61 $10M +139,677 +38.7%
16 IPAC 1.75% 473,347 $35M $73.43 $2M -3,515 -0.7%
17 SPEM 1.67% 709,547 $33M $46.81 $4M +29,102 +4.3%
18 NVDA 1.24% 132,503 $25M $186.58 $6M +12,028 +10.0%
19 BBCA 1.21% 275,880 $24M $87.23 $3M +13,884 +5.3%
20 VTV 1.08% 114,943 $21M $186.49 $10M +51,164 +80.2%
21 VB 0.98% 77,009 $20M $254.28 $14M +51,353 +200.2%
22 AGG 0.92% 181,911 $18M $100.25 -$553K -7,500 -4.0%
23 SCHH 0.61% 564,041 $12M $21.57 $5M +218,309 +63.1%
24 IVV 0.49% 14,700 $10M $669.31 $1M +511 +3.6%
25 VTEB 0.34% 134,823 $7M $50.07 -$3M -64,729 -32.4%
26 AAPL 0.32% 24,783 $6M $254.63 $5M +17,429 +237.0%
27 VNQ 0.30% 66,243 $6M $91.42 $523K +4,120 +6.6%
28 EWC 0.29% 115,833 $6M $50.55 $442K -1,339 -1.1%
29 MUB 0.27% 50,152 $5M $106.49 -$1M -12,629 -20.1%
30 DFUS 0.26% 70,637 $5M $72.44 +70,637 NEW
31 SPY 0.24% 7,063 $5M $666.22 $3M +5,001 +242.5%
32 BRK-A 0.23% 6 $5M $754,200.00 $881K +1 +20.0%
33 IUSV 0.23% 45,162 $5M $99.95 $186K -577 -1.3%
34 CRWD 0.22% 9,094 $4M $490.38 -$124K +94 +1.0%
35 IWF 0.18% 7,849 $4M $468.42 +7,849 NEW
36 SCHF 0.18% 154,882 $4M $23.28 $244K +2,787 +1.8%
37 VGT 0.18% 4,720 $4M $746.65 $582K +285 +6.4%
38 XLK 0.16% 11,417 $3M $281.86 $641K +1,241 +12.2%
39 VEA 0.16% 52,366 $3M $59.92 $2M +32,354 +161.7%
40 SPLG 0.15% 39,098 $3M $78.34 $611K +5,367 +15.9%
41 LLY 0.15% 3,901 $3M $763.00 $162K +290 +8.0%
42 IBM 0.15% 10,375 $3M $282.17 $139K +915 +9.7%
43 VRT 0.14% 19,053 $3M $150.86 $428K
44 MSFT 0.14% 5,295 $3M $517.97 $2M +3,889 +276.6%
45 VFH 0.14% 20,825 $3M $131.24 $2M +11,594 +125.6%
46 VCR 0.13% 6,678 $3M $396.15 $323K +268 +4.2%
47 SCHB 0.12% 94,412 $2M $25.71 $294K +4,887 +5.5%
48 IJR 0.12% 20,289 $2M $118.83 $215K +196 +1.0%
49 COHR 0.11% 19,998 $2M $107.72 $370K
50 NFLX 0.11% 1,783 $2M $1,199.22 -$328K -58 -3.1%
51 BN 0.11% 46,541 $2M $45.72 -$751K -4 -0.0%
52 VOX 0.10% 10,756 $2M $187.73 $338K +925 +9.4%
53 GOOGL 0.09% 7,487 $2M $243.26 +7,487 NEW
54 AMZN 0.08% 7,246 $2M $219.57 +7,246 NEW
55 IVE 0.08% 7,697 $2M $206.50 $538K +2,319 +43.1%
56 RTX 0.08% 9,299 $2M $167.33 $290K +632 +7.3%
57 XLF 0.08% 28,739 $2M $53.87 $248K +3,919 +15.8%
58 VIS 0.07% 4,909 $1M $296.29 $182K +366 +8.1%
59 FLCA 0.07% 30,759 $1M $45.40 $112K +1
60 VHT 0.07% 5,217 $1M $259.60 $207K +598 +12.9%
61 VXUS 0.07% 18,348 $1M $73.46 $1M +13,786 +302.2%
62 AMD 0.06% 7,702 $1M $161.79 $295K +1,001 +14.9%
63 JPM 0.06% 3,910 $1M $315.45 +3,910 NEW
64 AVGO 0.06% 3,631 $1M $329.87 $976K +2,825 +350.5%
65 DUK 0.06% 9,171 $1M $123.75 $57K +39 +0.4%
66 IEFA 0.06% 12,794 $1M $87.31 $262K +2,555 +24.9%
67 ABBV 0.05% 4,546 $1M $231.54 $693K +2,609 +134.7%
68 XLI 0.05% 6,823 $1M $154.23 $57K +75 +1.1%
69 META 0.05% 1,328 $975K $734.15 $745K +1,017 +327.0%
70 VBR 0.05% 4,622 $965K $208.71 $373K +1,588 +52.3%
71 COST 0.05% 1,039 $962K $925.63 $78K +146 +16.4%
72 BRK-B 0.05% 1,809 $910K $502.83 $308K +571 +46.1%
73 SCHA 0.05% 32,403 $904K $27.90 $121K +1,446 +4.7%
74 VUG 0.04% 1,703 $817K $479.70 +1,703 NEW
75 ORCL 0.04% 2,892 $813K $281.27 +2,892 NEW
76 D 0.04% 13,078 $800K $61.17 $61K +9 +0.1%
77 XLC 0.04% 6,607 $782K $118.37 $65K
78 VIG 0.04% 3,589 $774K $215.79 +3,589 NEW
79 TSLA 0.04% 1,669 $742K $444.72 +1,669 NEW
80 IUSG 0.03% 4,175 $687K $164.53 +4,175 NEW
81 LRCX 0.03% 5,010 $671K $133.90 +5,010 NEW
82 OEF 0.03% 1,989 $662K $332.84 $57K
83 BIL 0.03% 6,992 $641K $91.75 -$199K -2,168 -23.7%
84 VOE 0.03% 3,583 $625K $174.56 $172K +825 +29.9%
85 XLV 0.03% 4,446 $619K $139.17 $34K +108 +2.5%
86 XOM 0.03% 5,488 $619K $112.74 +5,488 NEW
87 MKL 0.03% 299 $571K $1,911.36 $168K +97 +48.0%
88 SRE 0.03% 6,342 $571K $89.98 $112K +294 +4.9%
89 IWO 0.03% 1,738 $556K $320.04 +1,738 NEW
90 VST 0.03% 2,801 $549K $195.95 -$175K -935 -25.0%
91 IWM 0.03% 2,258 $546K $241.96 +2,258 NEW
92 IVW 0.03% 4,401 $531K $120.73 +4,401 NEW
93 ETN 0.03% 1,332 $499K $374.25 $276K +709 +113.8%
94 ORLY 0.02% 4,605 $496K $107.81 +4,605 NEW
95 BAC 0.02% 8,935 $461K $51.59 +8,935 NEW
96 PG 0.02% 2,956 $454K $153.65 +2,956 NEW
97 V 0.02% 1,307 $446K $341.43 +1,307 NEW
98 TSM 0.02% 1,525 $426K $279.29 $84K +14 +0.9%
99 LIN 0.02% 871 $414K $475.00 $155K +320 +58.1%
100 IWN 0.02% 2,276 $402K $176.81 +2,276 NEW

New Positions

SymbolValue% Port
DFUS $5M 0.26%
IWF $4M 0.18%
GOOGL $2M 0.09%
AMZN $2M 0.08%
JPM $1M 0.06%
VUG $817K 0.04%
ORCL $813K 0.04%
VIG $774K 0.04%
TSLA $742K 0.04%
IUSG $687K 0.03%
LRCX $671K 0.03%
XOM $619K 0.03%
IWO $556K 0.03%
IWM $546K 0.03%
IVW $531K 0.03%

Sold Out Positions

SymbolValue% Port
KMI —%
XLP —%
CTRA —%
View SEC EDGAR Filings for Elm Partners Management LLC →

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