Elm Partners Management
Philadelphia, PAfiles as Elm Partners Management LLC
$2.8bn in 161 US stocks at the end of 30 June 2026. The top 10 are 71.0% of the money. It changed about 10.8% of the portfolio this quarter.
Value
$2.8bn
Stocks
161
Top 10 share
71.0%
Turnover
10.8%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRIWV<0.1% of the fund
- Vanguard World FDVPU<0.1% of the fund
- Vanguard World FDVDE<0.1% of the fund
- Vanguard Index FDSVV<0.1% of the fund
- Applied MaterialsAMAT<0.1% of the fund
- Dimensional ETF TrustDFAC<0.1% of the fund
- Novo Nordisk A SNVO<0.1% of the fund
- eBayEBAY<0.1% of the fund
- Elevance HealthELV<0.1% of the fund
- Cisco SystemsCSCO<0.1% of the fund
- Carlisle CompaniesCSL<0.1% of the fund
- Ishares TRIJT<0.1% of the fund
- AflacAFL<0.1% of the fund
- Select Sector Spdr TRXLB<0.1% of the fund
Added
Bought more of a stock they already held.
- Vanguard Index FDSVTI15.5% of the fund+21%
- Vanguard Instl Index FDVBIL10.4% of the fund+107%
- Vanguard Intl Equity Index FVGK7.4% of the fund+10%
- Series Portfolios TRELM6.5% of the fund+3%
- Vanguard Intl Equity Index FVPL5.2% of the fund+2%
- Vanguard Index FDSVOO3.5% of the fund+33%
- Vanguard Scottsdale FDSVGSH3.3% of the fund+35%
- J P Morgan Exchange Traded FBBEU1.8% of the fund+4%
- Spdr Index SHS FDSSPEM1.8% of the fund+18%
- Ishares TRIPAC1.6% of the fund+5%
- Schwab Strategic TRSCHH1.5% of the fund+80%
- Vanguard Index FDSVTV1.3% of the fund+18%
- Vanguard Index FDSVB1.0% of the fund+10%
- Spdr Series TrustSPYM0.8% of the fund+24%
- Vanguard Index FDSVNQ0.7% of the fund+104%
- Ishares TRIVV0.4% of the fund+3%
- Vanguard World FDVGT0.3% of the fund+894%
- Ishares TRIUSV0.2% of the fund+12%
- Select Sector Spdr TRXLK0.2% of the fund+14%
- Vanguard Tax-Managed FDSVEA0.2% of the fund+10%
- Ishares TRIJR0.2% of the fund+33%
- Vanguard World FDVFH0.1% of the fund+25%
- Vanguard World FDVIS0.1% of the fund+35%
- Select Sector Spdr TRXLF0.1% of the fund+16%
- Vanguard World FDVOX<0.1% of the fund+26%
Cut
Sold some of their stake.
- Vanguard Intl Equity Index FVWO9.7% of the fund-2%
- IsharesIEMG5.0% of the fund-5%
- Schwab Strategic TRSCHP4.6% of the fund-41%
- Ishares TRIEUR2.7% of the fund-9%
- Ishares TRITOT2.4% of the fund-6%
- Vanguard BD Index FDSBND1.3% of the fund-34%
- Ishares TRAGG0.8% of the fund-14%
- Ishares TRSGOV0.8% of the fund-25%
- NvidiaNVDA0.8% of the fund-3%
- Vanguard MUN BD FDSVTEB0.5% of the fund-29%
- Ishares TRSTIP0.4% of the fund-36%
- Ishares TRMUB0.4% of the fund-26%
- IsharesEWC0.2% of the fund-2%
- CoherentCOHR0.1% of the fund-55%
- International Business MachinesIBM<0.1% of the fund-10%
- Berkshire HathawayBRK-B<0.1% of the fund-5%
- Ishares TRIWM<0.1% of the fund-18%
- Vertiv HoldingsVRT<0.1% of the fund-87%
- ExxonMobil HoldingsXOM<0.1% of the fund-5%
- VistraVST<0.1% of the fund-3%
- Ishares TRIWD<0.1% of the fund-5%
- Ishares TRIWO<0.1% of the fund-25%
- Spdr Series TrustSPYV<0.1% of the fund-13%
- NetflixNFLX<0.1% of the fund-20%
- Walt DisneyDIS<0.1% of the fund-10%
Sold out
Sold their entire stake.
- Alnylam PharmaceuticalsALNY-100%
- Select Sector Spdr TRXLV-100%
- PrologisPLD-100%
- dLocalDLO-100%
- MercadoLibreMELI-100%
- Vanguard Whitehall FDSVWOB-100%
- Vanguard BD Index FDSBSV-100%
- Goldman Sachs GroupGS-100%
- Vanguard Scottsdale FDSVGIT-100%
- Ishares Silver TRSLV-100%
- Wells Fargo & CompanyWFC-100%
Holdings
- Vanguard Index FDSVTI
- Share
- 15.5%
- Value
- $432m
- Shares
- 1,166,423
+21%
- Vanguard Instl Index FDVBIL
- Share
- 10.4%
- Value
- $289m
- Shares
- 3,821,836
+107%
- Vanguard Intl Equity Index FVWO
- Share
- 9.7%
- Value
- $270m
- Shares
- 4,517,800
-2%
- Vanguard Intl Equity Index FVGK
- Share
- 7.4%
- Value
- $206m
- Shares
- 2,330,086
+10%
- Series Portfolios TRELM
- Share
- 6.5%
- Value
- $181m
- Shares
- 6,168,649
+3%
- Vanguard Intl Equity Index FVPL
- Share
- 5.2%
- Value
- $145m
- Shares
- 1,250,547
+2%
- IsharesIEMG
- Share
- 5.0%
- Value
- $140m
- Shares
- 1,692,950
-5%
- Schwab Strategic TRSCHP
- Share
- 4.6%
- Value
- $127m
- Shares
- 4,788,290
-41%
- Vanguard Index FDSVOO
- Share
- 3.5%
- Value
- $97m
- Shares
- 141,560
+33%
- Vanguard Scottsdale FDSVGSH
- Share
- 3.3%
- Value
- $91m
- Shares
- 1,571,335
+35%
- Ishares TRIEUR
- Share
- 2.7%
- Value
- $77m
- Shares
- 1,017,711
-9%
- Ishares TRITOT
- Share
- 2.4%
- Value
- $67m
- Shares
- 406,864
-6%
- J P Morgan Exchange Traded FBBEU
- Share
- 1.8%
- Value
- $51m
- Shares
- 656,570
+4%
- Spdr Index SHS FDSSPEM
- Share
- 1.8%
- Value
- $50m
- Shares
- 973,914
+18%
- Ishares TRIPAC
- Share
- 1.6%
- Value
- $44m
- Shares
- 533,830
+5%
- Schwab Strategic TRSCHH
- Share
- 1.5%
- Value
- $43m
- Shares
- 1,816,239
+80%
- Vanguard BD Index FDSBND
- Share
- 1.3%
- Value
- $36m
- Shares
- 488,939
-34%
- Vanguard Index FDSVTV
- Share
- 1.3%
- Value
- $36m
- Shares
- 164,329
+18%
- J P Morgan Exchange Traded FBBCA
- Share
- 1.1%
- Value
- $32m
- Shares
- 317,028
Held
- Vanguard Index FDSVB
- Share
- 1.0%
- Value
- $29m
- Shares
- 94,216
+10%
- Ishares TRAGG
- Share
- 0.8%
- Value
- $23m
- Shares
- 236,071
-14%
- Spdr Series TrustSPYM
- Share
- 0.8%
- Value
- $23m
- Shares
- 261,395
+24%
- Ishares TRSGOV
- Share
- 0.8%
- Value
- $21m
- Shares
- 212,608
-25%
- Vanguard Index FDSVNQ
- Share
- 0.7%
- Value
- $18m
- Shares
- 191,483
+104%
- Vanguard MUN BD FDSVTEB
- Share
- 0.5%
- Value
- $14m
- Shares
- 267,541
-29%
- Ishares TRSTIP
- Share
- 0.4%
- Value
- $12m
- Shares
- 115,464
-36%
- Ishares TRIVV
- Share
- 0.4%
- Value
- $11m
- Shares
- 15,186
+3%
- Ishares TRMUB
- Share
- 0.4%
- Value
- $11m
- Shares
- 103,433
-26%
- Vanguard World FDVGT
- Share
- 0.3%
- Value
- $8m
- Shares
- 63,210
+894%
- Dimensional ETF TrustDFUS
- Share
- 0.3%
- Value
- $7m
- Shares
- 85,046
Held
- IsharesEWC
- Share
- 0.2%
- Value
- $6m
- Shares
- 109,490
-2%
- Ishares TRIUSV
- Share
- 0.2%
- Value
- $6m
- Shares
- 55,571
+12%
- Select Sector Spdr TRXLK
- Share
- 0.2%
- Value
- $6m
- Shares
- 30,630
+14%
- Schwab Strategic TRSCHF
- Share
- 0.2%
- Value
- $6m
- Shares
- 200,155
Held
- Vanguard Tax-Managed FDSVEA
- Share
- 0.2%
- Value
- $5m
- Shares
- 65,799
+10%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $5m
- Shares
- 6,182
Held
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.2%
- Value
- $4m
- Shares
- 6
Held
- Ishares TRIJR
- Share
- 0.2%
- Value
- $4m
- Shares
- 29,913
+33%
- Vanguard World FDVFH
- Share
- 0.1%
- Value
- $4m
- Shares
- 29,352
+25%
- Vanguard World FDVIS
- Share
- 0.1%
- Value
- $3m
- Shares
- 9,447
+35%
- Select Sector Spdr TRXLF
- Share
- 0.1%
- Value
- $3m
- Shares
- 60,083
+16%
- Schwab Strategic TRSCHB
- Share
- 0.1%
- Value
- $3m
- Shares
- 102,915
Held
- BrookfieldBN
- Share
- 0.1%
- Value
- $3m
- Shares
- 69,812
Held
- Vanguard World FDVOX
- Share
- <0.1%
- Value
- $3m
- Shares
- 15,034
+26%
- Vanguard World FDVCR
- Share
- <0.1%
- Value
- $3m
- Shares
- 6,792
Held
- Schwab Strategic TRSCHA
- Share
- <0.1%
- Value
- $3m
- Shares
- 71,857
+2%
- Vanguard World FDVHT
- Share
- <0.1%
- Value
- $3m
- Shares
- 8,621
+18%
- Select Sector Spdr TRXLI
- Share
- <0.1%
- Value
- $2m
- Shares
- 10,958
+11%
- Vanguard Index FDSVUG
- Share
- <0.1%
- Value
- $2m
- Shares
- 22,697
+575%
- Vanguard Specialized FundsVIG
- Share
- <0.1%
- Value
- $2m
- Shares
- 7,439
+3%
- Ishares TRIVE
- Share
- <0.1%
- Value
- $2m
- Shares
- 7,745
Held
- Franklin Templeton ETF TRFLCA
- Share
- <0.1%
- Value
- $2m
- Shares
- 32,895
+45%
- Vanguard Intl Equity Index FVEU
- Share
- <0.1%
- Value
- $2m
- Shares
- 19,868
Held
- Vanguard Star FDSVXUS
- Share
- <0.1%
- Value
- $2m
- Shares
- 18,928
+3%
- Select Sector Spdr TRXLY
- Share
- <0.1%
- Value
- $2m
- Shares
- 13,559
+145%
- Ishares TRIEFA
- Share
- <0.1%
- Value
- $1m
- Shares
- 15,497
+21%
- Ishares TRIWF
- Share
- <0.1%
- Value
- $1m
- Shares
- 8,621
+268%
- Ishares TRTIP
- Share
- <0.1%
- Value
- $1m
- Shares
- 9,410
+97%
- Ishares TRIWM
- Share
- <0.1%
- Value
- $1m
- Shares
- 3,390
-18%
- Select Sector Spdr TRXLC
- Share
- <0.1%
- Value
- $897,642
- Shares
- 8,379
+29%
- Vanguard World FDVDC
- Share
- <0.1%
- Value
- $879,415
- Shares
- 3,900
+13%
- Vanguard Index FDSVBR
- Share
- <0.1%
- Value
- $838,384
- Shares
- 3,450
Held
- Ishares TRIWV
- Share
- <0.1%
- Value
- $831,906
- Shares
- 1,951
New
- Ishares TRIUSG
- Share
- <0.1%
- Value
- $771,132
- Shares
- 4,100
Held
- Ishares TROEF
- Share
- <0.1%
- Value
- $762,107
- Shares
- 2,083
Held
- Vanguard Index FDSVOE
- Share
- <0.1%
- Value
- $706,191
- Shares
- 3,574
Held
- Ishares TRIVW
- Share
- <0.1%
- Value
- $639,215
- Shares
- 4,648
+5%
- Schwab Strategic TRSCHV
- Share
- <0.1%
- Value
- $623,099
- Shares
- 17,900
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVTI | 15.5% | $432m | 1,166,423 | +21% |
| Vanguard Instl Index FDVBIL | 10.4% | $289m | 3,821,836 | +107% |
| Vanguard Intl Equity Index FVWO | 9.7% | $270m | 4,517,800 | -2% |
| Vanguard Intl Equity Index FVGK | 7.4% | $206m | 2,330,086 | +10% |
| Series Portfolios TRELM | 6.5% | $181m | 6,168,649 | +3% |
| Vanguard Intl Equity Index FVPL | 5.2% | $145m | 1,250,547 | +2% |
| IsharesIEMG | 5.0% | $140m | 1,692,950 | -5% |
| Schwab Strategic TRSCHP | 4.6% | $127m | 4,788,290 | -41% |
| Vanguard Index FDSVOO | 3.5% | $97m | 141,560 | +33% |
| Vanguard Scottsdale FDSVGSH | 3.3% | $91m | 1,571,335 | +35% |
| Ishares TRIEUR | 2.7% | $77m | 1,017,711 | -9% |
| Ishares TRITOT | 2.4% | $67m | 406,864 | -6% |
| J P Morgan Exchange Traded FBBEU | 1.8% | $51m | 656,570 | +4% |
| Spdr Index SHS FDSSPEM | 1.8% | $50m | 973,914 | +18% |
| Ishares TRIPAC | 1.6% | $44m | 533,830 | +5% |
| Schwab Strategic TRSCHH | 1.5% | $43m | 1,816,239 | +80% |
| Vanguard BD Index FDSBND | 1.3% | $36m | 488,939 | -34% |
| Vanguard Index FDSVTV | 1.3% | $36m | 164,329 | +18% |
| J P Morgan Exchange Traded FBBCA | 1.1% | $32m | 317,028 | Held |
| Vanguard Index FDSVB | 1.0% | $29m | 94,216 | +10% |
| Ishares TRAGG | 0.8% | $23m | 236,071 | -14% |
| Spdr Series TrustSPYM | 0.8% | $23m | 261,395 | +24% |
| Ishares TRSGOV | 0.8% | $21m | 212,608 | -25% |
| NvidiaNVDA | 0.8% | $21m | 106,905 | -3% |
| Vanguard Index FDSVNQ | 0.7% | $18m | 191,483 | +104% |
| Vanguard MUN BD FDSVTEB | 0.5% | $14m | 267,541 | -29% |
| Ishares TRSTIP | 0.4% | $12m | 115,464 | -36% |
| Ishares TRIVV | 0.4% | $11m | 15,186 | +3% |
| Ishares TRMUB | 0.4% | $11m | 103,433 | -26% |
| AppleAAPL | 0.3% | $8m | 26,182 | Held |
| Vanguard World FDVGT | 0.3% | $8m | 63,210 | +894% |
| Dimensional ETF TrustDFUS | 0.3% | $7m | 85,046 | Held |
| IsharesEWC | 0.2% | $6m | 109,490 | -2% |
| Ishares TRIUSV | 0.2% | $6m | 55,571 | +12% |
| Select Sector Spdr TRXLK | 0.2% | $6m | 30,630 | +14% |
| CrowdStrike HoldingsCRWD | 0.2% | $6m | 7,596 | Held |
| Schwab Strategic TRSCHF | 0.2% | $6m | 200,155 | Held |
| Vanguard Tax-Managed FDSVEA | 0.2% | $5m | 65,799 | +10% |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $5m | 6,182 | Held |
| Eli LillyLLY | 0.2% | $5m | 3,843 | Held |
| Advanced Micro DevicesAMD | 0.2% | $5m | 7,857 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.2% | $4m | 6 | Held |
| Ishares TRIJR | 0.2% | $4m | 29,913 | +33% |
| Vanguard World FDVFH | 0.1% | $4m | 29,352 | +25% |
| Vanguard World FDVIS | 0.1% | $3m | 9,447 | +35% |
| Select Sector Spdr TRXLF | 0.1% | $3m | 60,083 | +16% |
| Lam ResearchLRCX | 0.1% | $3m | 7,264 | Held |
| Schwab Strategic TRSCHB | 0.1% | $3m | 102,915 | Held |
| BrookfieldBN | 0.1% | $3m | 69,812 | Held |
| CoherentCOHR | 0.1% | $3m | 7,208 | -55% |
| Vanguard World FDVOX | <0.1% | $3m | 15,034 | +26% |
| Vanguard World FDVCR | <0.1% | $3m | 6,792 | Held |
| AlphabetGOOGL | <0.1% | $3m | 7,428 | Held |
| International Business MachinesIBM | <0.1% | $3m | 9,303 | -10% |
| Schwab Strategic TRSCHA | <0.1% | $3m | 71,857 | +2% |
| Vanguard World FDVHT | <0.1% | $3m | 8,621 | +18% |
| MicrosoftMSFT | <0.1% | $2m | 6,508 | +21% |
| AlphabetGOOG | <0.1% | $2m | 6,563 | +9% |
| Select Sector Spdr TRXLI | <0.1% | $2m | 10,958 | +11% |
| Vanguard Index FDSVUG | <0.1% | $2m | 22,697 | +575% |
| RTXRTX | <0.1% | $2m | 9,440 | Held |
| Vanguard Specialized FundsVIG | <0.1% | $2m | 7,439 | +3% |
| Ishares TRIVE | <0.1% | $2m | 7,745 | Held |
| Franklin Templeton ETF TRFLCA | <0.1% | $2m | 32,895 | +45% |
| Vanguard Intl Equity Index FVEU | <0.1% | $2m | 19,868 | Held |
| Vanguard Star FDSVXUS | <0.1% | $2m | 18,928 | +3% |
| BroadcomAVGO | <0.1% | $2m | 4,217 | +12% |
| Select Sector Spdr TRXLY | <0.1% | $2m | 13,559 | +145% |
| Ishares TRIEFA | <0.1% | $1m | 15,497 | +21% |
| Amazon.comAMZN | <0.1% | $1m | 6,079 | +26% |
| JPMorgan ChaseJPM | <0.1% | $1m | 4,138 | Held |
| Costco WholesaleCOST | <0.1% | $1m | 1,351 | Held |
| Micron TechnologyMU | <0.1% | $1m | 1,075 | +28% |
| Berkshire HathawayBRK-B | <0.1% | $1m | 2,462 | -5% |
| AbbVieABBV | <0.1% | $1m | 4,815 | +3% |
| Duke EnergyDUK | <0.1% | $1m | 9,463 | Held |
| Ishares TRIWF | <0.1% | $1m | 8,621 | +268% |
| Ishares TRTIP | <0.1% | $1m | 9,410 | +97% |
| Ishares TRIWM | <0.1% | $1m | 3,390 | -18% |
| Select Sector Spdr TRXLC | <0.1% | $897,642 | 8,379 | +29% |
| Dominion EnergyD | <0.1% | $893,097 | 13,078 | Held |
| Vanguard World FDVDC | <0.1% | $879,415 | 3,900 | +13% |
| Vanguard Index FDSVBR | <0.1% | $838,384 | 3,450 | Held |
| Ishares TRIWV | <0.1% | $831,906 | 1,951 | New |
| Vertiv HoldingsVRT | <0.1% | $806,089 | 2,408 | -87% |
| CaterpillarCAT | <0.1% | $804,975 | 756 | Held |
| Seagate Technology HoldingsSTX | <0.1% | $802,436 | 832 | Held |
| Meta PlatformsMETA | <0.1% | $800,013 | 1,420 | Held |
| ExxonMobil HoldingsXOM | <0.1% | $776,518 | 5,680 | -5% |
| Taiwan Semiconductor ManufacturingTSM | <0.1% | $774,213 | 1,621 | Held |
| Ishares TRIUSG | <0.1% | $771,132 | 4,100 | Held |
| Ishares TROEF | <0.1% | $762,107 | 2,083 | Held |
| Markel GroupMKL | <0.1% | $710,896 | 364 | Held |
| Vanguard Index FDSVOE | <0.1% | $706,191 | 3,574 | Held |
| Blue Owl Technology FinanceOTF | <0.1% | $682,665 | 65,958 | +50% |
| ASML Holding NVASML | <0.1% | $678,556 | 341 | Held |
| Ishares TRIVW | <0.1% | $639,215 | 4,648 | +5% |
| Bank of AmericaBAC | <0.1% | $634,495 | 11,135 | +6% |
| Schwab Strategic TRSCHV | <0.1% | $623,099 | 17,900 | Held |
| SempraSRE | <0.1% | $588,135 | 6,344 | Held |
Showing the largest 100 of 161.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 61.8% since 30 June 2025.
Where the money is
Technology2.0%
Health care0.3%
Media & telecom0.2%
Industrials0.2%
Financial services0.2%
Utilities0.1%
Real estate0.1%
Retail & consumer0.1%
Everyday goods0.1%
Energy0.1%
Materials0.0%
Other96.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.