ELM PARTNERS MANAGEMENT LLC

Filed: 2/10/2026ACC: 0001172661-26-000562

📋 What this filing means

ELM PARTNERS MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 154 equity positions with a total reported market value of $2.20B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

154

Positions

$2.20B

Total AUM (reported)

32.52M

Total Shares

Allocation by class

TOTAL STK MKT$333.93M15.2%

FTSE EMR MKT ETF$248.68M11.3%

US TIPS ETF$187.35M8.5%

FTSE EUROPE ETF$183.62M8.3%

ELM MARKET NAVIG$122.53M5.6%

FTSE PACIFIC ETF$109.19M5.0%

CORE MSCI EMKT$99.75M4.5%

Portfolio Concentration

Top 3$769.96M34.9%

4–10$742.13M33.7%

11–25$508.23M23.1%

Rest$183.69M8.3%

Top 3 weight

34.9%

Top 10 weight

68.6%

Voting Authority Distribution

Total shares with voting rights: 32.52M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

32.52M

% of voting shares100.0%

Investment Discretion (by position count)

Sole154

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings154

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares996.02K

TypeSH

Market value$333.93M

15.15%

Sole

0.00

Shared

0.00

None

996.02K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares4.63M

TypeSH

Market value$248.68M

11.28%

Sole

0.00

Shared

0.00

None

4.63M

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares7.07M

TypeSH

Market value$187.35M

8.50%

Sole

0.00

Shared

0.00

None

7.07M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EUROPE ETF

Shares2.20M

TypeSH

Market value$183.62M

8.33%

Sole

0.00

Shared

0.00

None

2.20M

SERIES PORTFOLIOS TR

SOLE

ELM MARKET NAVIG

Shares4.50M

TypeSH

Market value$122.53M

5.56%

Sole

0.00

Shared

0.00

None

4.50M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE PACIFIC ETF

Shares1.21M

TypeSH

Market value$109.19M

4.95%

Sole

0.00

Shared

0.00

None

1.21M

ISHARES INC

SOLE

CORE MSCI EMKT

Shares1.48M

TypeSH

Market value$99.75M

4.53%

Sole

0.00

Shared

0.00

None

1.48M

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares1.33M

TypeSH

Market value$78.04M

3.54%

Sole

0.00

Shared

0.00

None

1.33M

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares120.43K

TypeSH

Market value$75.53M

3.43%

Sole

0.00

Shared

0.00

None

120.43K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares991.97K

TypeSH

Market value$73.48M

3.33%

Sole

0.00

Shared

0.00

None

991.97K

ISHARES TR

SOLE

CORE MSCI EURO

Shares961.29K

TypeSH

Market value$68.23M

3.10%

Sole

0.00

Shared

0.00

None

961.29K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares404.27K

TypeSH

Market value$60.11M

2.73%

Sole

0.00

Shared

0.00

None

404.27K

ISHARES TR

SOLE

0-3 MNTH TREASRY

Shares479.08K

TypeSH

Market value$48.09M

2.18%

Sole

0.00

Shared

0.00

None

479.08K

ISHARES TR

SOLE

0-5 YR TIPS ETF

Shares428.60K

TypeSH

Market value$43.88M

1.99%

Sole

0.00

Shared

0.00

None

428.60K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares876.41K

TypeSH

Market value$41.02M

1.86%

Sole

0.00

Shared

0.00

None

876.41K

J P MORGAN EXCHANGE TRADED F

SOLE

BETABUILDERS EUR

Shares556.07K

TypeSH

Market value$40.76M

1.85%

Sole

0.00

Shared

0.00

None

556.07K

ISHARES TR

SOLE

CORE MSCI PAC

Shares489.53K

TypeSH

Market value$35.84M

1.63%

Sole

0.00

Shared

0.00

None

489.53K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares291.72K

TypeSH

Market value$29.14M

1.32%

Sole

0.00

Shared

0.00

None

291.72K

J P MORGAN EXCHANGE TRADED F

SOLE

BETABUILDERS CDA

Shares295.15K

TypeSH

Market value$27.45M

1.25%

Sole

0.00

Shared

0.00

None

295.15K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares125.96K

TypeSH

Market value$24.06M

1.09%

Sole

0.00

Shared

0.00

None

125.96K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares452.64K

TypeSH

Market value$22.76M

1.03%

Sole

0.00

Shared

0.00

None

452.64K

NVIDIA CORPORATION

SOLE

COM

Shares110.13K

TypeSH

Market value$20.54M

0.93%

Sole

0.00

Shared

0.00

None

110.13K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares74.84K

TypeSH

Market value$19.31M

0.88%

Sole

0.00

Shared

0.00

None

74.84K

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares130.11K

TypeSH

Market value$13.94M

0.63%

Sole

0.00

Shared

0.00

None

130.11K

SCHWAB STRATEGIC TR

SOLE

US REIT ETF

Shares627.31K

TypeSH

Market value$13.10M

0.59%

Sole

0.00

Shared

0.00

None

627.31K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	996.02K	SH	$333.93M 15.15%	996.02K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	4.63M	SH	$248.68M 11.28%	4.63M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	7.07M	SH	$187.35M 8.50%	7.07M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EUROPE ETF	2.20M	SH	$183.62M 8.33%	2.20M
SERIES PORTFOLIOS TRSOLE	ELM MARKET NAVIG	4.50M	SH	$122.53M 5.56%	4.50M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE PACIFIC ETF	1.21M	SH	$109.19M 4.95%	1.21M
ISHARES INCSOLE	CORE MSCI EMKT	1.48M	SH	$99.75M 4.53%	1.48M
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	1.33M	SH	$78.04M 3.54%	1.33M
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	120.43K	SH	$75.53M 3.43%	120.43K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	991.97K	SH	$73.48M 3.33%	991.97K
ISHARES TRSOLE	CORE MSCI EURO	961.29K	SH	$68.23M 3.10%	961.29K
ISHARES TRSOLE	CORE S&P TTL STK	404.27K	SH	$60.11M 2.73%	404.27K
ISHARES TRSOLE	0-3 MNTH TREASRY	479.08K	SH	$48.09M 2.18%	479.08K
ISHARES TRSOLE	0-5 YR TIPS ETF	428.60K	SH	$43.88M 1.99%	428.60K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	876.41K	SH	$41.02M 1.86%	876.41K
J P MORGAN EXCHANGE TRADED FSOLE	BETABUILDERS EUR	556.07K	SH	$40.76M 1.85%	556.07K
ISHARES TRSOLE	CORE MSCI PAC	489.53K	SH	$35.84M 1.63%	489.53K
ISHARES TRSOLE	CORE US AGGBD ET	291.72K	SH	$29.14M 1.32%	291.72K
J P MORGAN EXCHANGE TRADED FSOLE	BETABUILDERS CDA	295.15K	SH	$27.45M 1.25%	295.15K
VANGUARD INDEX FDSSOLE	VALUE ETF	125.96K	SH	$24.06M 1.09%	125.96K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	452.64K	SH	$22.76M 1.03%	452.64K
NVIDIA CORPORATIONSOLE	COM	110.13K	SH	$20.54M 0.93%	110.13K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	74.84K	SH	$19.31M 0.88%	74.84K
ISHARES TRSOLE	NATIONAL MUN ETF	130.11K	SH	$13.94M 0.63%	130.11K
SCHWAB STRATEGIC TRSOLE	US REIT ETF	627.31K	SH	$13.10M 0.59%	627.31K

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