ELM PARTNERS MANAGEMENT LLC

Filed: 8/5/2025ACC: 0001172661-25-002872

📋 What this filing means

ELM PARTNERS MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 97 equity positions with a total reported market value of $1.72B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.72B

Total AUM (reported)

27.52M

Total Shares

Allocation by class

TOTAL STK MKT$256.54M14.9%

FTSE EMR MKT ETF$186.22M10.8%

ELM MARKET NAVIG$161.76M9.4%

FTSE EUROPE ETF$142.42M8.3%

0-3 MNTH TREASRY$126.88M7.4%

US TIPS ETF$119.73M7.0%

CORE MSCI EMKT$90.01M5.2%

Portfolio Concentration

Top 3$604.51M35.1%

4–10$682.20M39.6%

11–25$337.62M19.6%

Rest$98.06M5.7%

Top 3 weight

35.1%

Top 10 weight

74.7%

Voting Authority Distribution

Total shares with voting rights: 27.52M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

27.52M

% of voting shares100.0%

Investment Discretion (by position count)

Sole97

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings97

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares844.07K

TypeSH

Market value$256.54M

14.89%

Sole

0.00

Shared

0.00

None

844.07K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares3.76M

TypeSH

Market value$186.22M

10.81%

Sole

0.00

Shared

0.00

None

3.76M

SERIES PORTFOLIOS TR

SOLE

ELM MARKET NAVIG

Shares6.25M

TypeSH

Market value$161.76M

9.39%

Sole

0.00

Shared

0.00

None

6.25M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EUROPE ETF

Shares1.84M

TypeSH

Market value$142.42M

8.27%

Sole

0.00

Shared

0.00

None

1.84M

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares1.26M

TypeSH

Market value$126.88M

7.37%

Sole

0.00

Shared

0.00

None

1.26M

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares4.49M

TypeSH

Market value$119.73M

6.95%

Sole

0.00

Shared

0.00

None

4.49M

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.50M

TypeSH

Market value$90.01M

5.23%

Sole

0.00

Shared

0.00

None

1.50M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE PACIFIC ETF

Shares1.04M

TypeSH

Market value$85.52M

4.96%

Sole

0.00

Shared

0.00

None

1.04M

ISHARES TR

SOLE

CORE MSCI EURO

Shares997.86K

TypeSH

Market value$66.06M

3.84%

Sole

0.00

Shared

0.00

None

997.86K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares382.02K

TypeSH

Market value$51.59M

3.00%

Sole

0.00

Shared

0.00

None

382.02K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares86.14K

TypeSH

Market value$48.93M

2.84%

Sole

0.00

Shared

0.00

None

86.14K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares447.84K

TypeSH

Market value$46.09M

2.68%

Sole

0.00

Shared

0.00

None

447.84K

ISHARES TR

SOLE

CORE MSCI PAC

Shares476.86K

TypeSH

Market value$32.76M

1.90%

Sole

0.00

Shared

0.00

None

476.86K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares433.44K

TypeSH

Market value$31.91M

1.85%

Sole

0.00

Shared

0.00

None

433.44K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares680.45K

TypeSH

Market value$29.08M

1.69%

Sole

0.00

Shared

0.00

None

680.45K

J P MORGAN EXCHANGE TRADED F

SOLE

BETABUILDERS EUR

Shares361.11K

TypeSH

Market value$24.36M

1.41%

Sole

0.00

Shared

0.00

None

361.11K

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares370.47K

TypeSH

Market value$21.78M

1.26%

Sole

0.00

Shared

0.00

None

370.47K

J P MORGAN EXCHANGE TRADED F

SOLE

BETABUILDERS CDA

Shares262K

TypeSH

Market value$21.14M

1.23%

Sole

0.00

Shared

0.00

None

262K

NVIDIA CORPORATION

SOLE

COM

Shares120.47K

TypeSH

Market value$19.03M

1.11%

Sole

0.00

Shared

0.00

None

120.47K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares189.41K

TypeSH

Market value$18.79M

1.09%

Sole

0.00

Shared

0.00

None

189.41K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares63.78K

TypeSH

Market value$11.27M

0.65%

Sole

0.00

Shared

0.00

None

63.78K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares199.55K

TypeSH

Market value$9.78M

0.57%

Sole

0.00

Shared

0.00

None

199.55K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares14.19K

TypeSH

Market value$8.81M

0.51%

Sole

0.00

Shared

0.00

None

14.19K

SCHWAB STRATEGIC TR

SOLE

US REIT ETF

Shares345.73K

TypeSH

Market value$7.32M

0.42%

Sole

0.00

Shared

0.00

None

345.73K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares62.78K

TypeSH

Market value$6.56M

0.38%

Sole

0.00

Shared

0.00

None

62.78K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	844.07K	SH	$256.54M 14.89%	844.07K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	3.76M	SH	$186.22M 10.81%	3.76M
SERIES PORTFOLIOS TRSOLE	ELM MARKET NAVIG	6.25M	SH	$161.76M 9.39%	6.25M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EUROPE ETF	1.84M	SH	$142.42M 8.27%	1.84M
ISHARES TRSOLE	0-3 MNTH TREASRY	1.26M	SH	$126.88M 7.37%	1.26M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	4.49M	SH	$119.73M 6.95%	4.49M
ISHARES INCSOLE	CORE MSCI EMKT	1.50M	SH	$90.01M 5.23%	1.50M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE PACIFIC ETF	1.04M	SH	$85.52M 4.96%	1.04M
ISHARES TRSOLE	CORE MSCI EURO	997.86K	SH	$66.06M 3.84%	997.86K
ISHARES TRSOLE	CORE S&P TTL STK	382.02K	SH	$51.59M 3.00%	382.02K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	86.14K	SH	$48.93M 2.84%	86.14K
ISHARES TRSOLE	0-5 YR TIPS ETF	447.84K	SH	$46.09M 2.68%	447.84K
ISHARES TRSOLE	CORE MSCI PAC	476.86K	SH	$32.76M 1.90%	476.86K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	433.44K	SH	$31.91M 1.85%	433.44K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	680.45K	SH	$29.08M 1.69%	680.45K
J P MORGAN EXCHANGE TRADED FSOLE	BETABUILDERS EUR	361.11K	SH	$24.36M 1.41%	361.11K
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	370.47K	SH	$21.78M 1.26%	370.47K
J P MORGAN EXCHANGE TRADED FSOLE	BETABUILDERS CDA	262K	SH	$21.14M 1.23%	262K
NVIDIA CORPORATIONSOLE	COM	120.47K	SH	$19.03M 1.11%	120.47K
ISHARES TRSOLE	CORE US AGGBD ET	189.41K	SH	$18.79M 1.09%	189.41K
VANGUARD INDEX FDSSOLE	VALUE ETF	63.78K	SH	$11.27M 0.65%	63.78K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	199.55K	SH	$9.78M 0.57%	199.55K
ISHARES TRSOLE	CORE S&P500 ETF	14.19K	SH	$8.81M 0.51%	14.19K
SCHWAB STRATEGIC TRSOLE	US REIT ETF	345.73K	SH	$7.32M 0.42%	345.73K
ISHARES TRSOLE	NATIONAL MUN ETF	62.78K	SH	$6.56M 0.38%	62.78K

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