Fund Holdings

Elm Partners Management LLC

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
VANGUARD INSTL INDEX FD108,8981,842,620+1,733,7228,214,187139,357,3316.04%+131,143,144
SPDR INDEX SHS FDS
ST PORT MARK ETF
0826,995+826,995037,603,4751.63%+37,603,475
SERIES PORTFOLIOS TR
ELM MAR NAV ETF
4,496,6306,006,305+1,509,675122,533,179159,647,5916.92%+37,114,412
SCHWAB STRATEGIC TR7,072,3908,065,801+993,411187,347,608214,388,9859.29%+27,041,377
ISHARES INC
CORE MSCI EMKT
1,484,0001,791,143+307,14399,754,460120,579,7395.23%+20,825,279
SPDR SERIES TRUST
ST STR P500ETF
42,976211,312+168,3363,447,54015,717,3910.68%+12,269,851
SCHWAB STRATEGIC TR627,3121,010,445+383,13313,104,54821,391,1170.93%+8,286,569
ISHARES TR
CORE MSCI EURO
961,2941,119,616+158,32268,232,67176,257,0673.31%+8,024,396
VANGUARD INTL EQUITY INDEX F1,207,8321,225,262+17,430109,188,023115,676,9775.01%+6,488,954
J P MORGAN EXCHANGE TRADED F
BETA EURO ET NE
556,073632,274+76,20140,760,17744,360,3491.92%+3,600,172
VANGUARD INDEX FDS125,961139,209+13,24824,057,33826,871,6041.16%+2,814,266
VANGUARD INDEX FDS74,84585,423+10,57819,306,25221,683,7660.94%+2,377,514
J P MORGAN EXCHANGE TRADED F
BETA CDA ETF NEW
295,147320,704+25,55727,448,66029,395,7371.27%+1,947,077
ISHARES TR
CORE MSCI PAC
489,530507,836+18,30635,838,52437,711,9351.63%+1,873,411
VERTIV HOLDINGS CO(VRT)19,05319,05303,086,7774,462,5940.19%+1,375,817
APPLE INC(AAPL)19,83225,791+5,9595,391,5566,360,8140.28%+969,258
SCHWAB STRATEGIC TR35,81570,129+34,3141,020,0071,969,2240.09%+949,217
ISHARES TR130,108140,396+10,28813,935,82714,874,9040.64%+939,077
SCHWAB STRATEGIC TR163,644197,275+33,6313,933,9974,728,6750.20%+794,678
VANGUARD INTL EQUITY INDEX F9,16219,868+10,706673,9871,445,4270.06%+771,440
SELECT SECTOR SPDR TR
ST STR CARE ETF
04,389+4,3890631,2260.03%+631,226
DIMENSIONAL ETF TRUST
US EQUI MARK ETF
70,63785,046+14,4095,239,1465,858,8190.25%+619,673
VANGUARD SPECIALIZED FUNDS4,5217,223+2,702993,5951,521,9470.07%+528,352
SELECT SECTOR SPDR TR
ST STR SVC ETF
2,2206,512+4,292261,338703,0360.03%+441,698
VANGUARD WORLD FD
CONSUM STP ETF
1,6143,456+1,842340,941774,3900.03%+433,449
ISHARES TR45,13349,756+4,6234,627,9164,998,9660.22%+371,050
COSTCO WHOLESALE CORPORATION(COST)1,1541,349+195995,1431,344,2230.06%+349,080
EXXON MOBIL CORP5,6445,991+347679,1651,027,2360.04%+348,071
SELECT SECTOR SPDR TR
ST STR INDL ETF
7,7899,877+2,0881,208,2301,546,8370.07%+338,607
ISHARES TR2,7724,150+1,378682,356994,3820.04%+312,026
CHEVRON CORPORATION(CVX)01,354+1,3540285,3720.01%+285,372
VANGUARD INTL EQUITY INDEX F01,896+1,8960268,1660.01%+268,166
VANGUARD BD INDEX FDS03,341+3,3410261,6000.01%+261,600
SCHWAB STRATEGIC TR08,008+8,0080244,0920.01%+244,092
BLUE OWL TECHNOLOGY FIN CORP21,98543,972+21,987319,662551,4090.02%+231,747
COCA COLA CO(KO)02,937+2,9370224,0270.01%+224,027
VANGUARD SCOTTSDALE FDS
INTER TERM TREAS
03,712+3,7120220,6040.01%+220,604
ISHARES TR04,025+4,0250220,3610.01%+220,361
TJX COS INC NEW(TJX)01,413+1,4130220,0800.01%+220,080
KINDER MORGAN INC DEL(KMI)06,479+6,4790218,0270.01%+218,027
SELECT SECTOR SPDR TR
ST STR DISCR ETF
3,0785,541+2,463367,544585,4620.03%+217,918
LAM RESEARCH CORP(LRCX)7,2507,25001,241,0551,449,4930.06%+208,438
WELLS FARGO & CO(WFC)02,708+2,7080207,9680.01%+207,968
ISHARES TR21,04522,514+1,4692,529,1392,721,2200.12%+192,081
VALERO ENERGY CORP(VLO)1,6891,820+131274,952455,4910.02%+180,539
BERKSHIRE HATHAWAY INC DEL2,1102,582+4721,060,7551,225,7260.05%+164,971
DUKE ENERGY CORP NEW(DUK)9,2549,463+2091,084,6611,246,3720.05%+161,711
LINDE PLC(LIN)8711,038+167371,391518,2400.02%+146,849
ISHARES TR7681,245+477248,072374,7700.02%+126,698
WALMART INC(WMT)4,0324,526+494449,230558,9880.02%+109,758
VANGUARD WORLD FD
MATERIALS ETF
1,1201,524+404232,456335,5540.01%+103,098
DEERE & CO(DE)515616+101239,773342,1950.01%+102,422
CATERPILLAR INC(CAT)723754+31414,238503,3050.02%+89,067
ALPHABET INC(GOOG)4,9776,018+1,0411,561,8041,643,8870.07%+82,083
NEXTERA ENERGY INC(NEE)2,9333,418+485235,461314,6560.01%+79,195
JOHNSON & JOHNSON(JNJ)1,1471,289+142237,578312,5710.01%+74,993
SEAGATE TECHNOLOGY HLDNGS PL
ORD SHS
8288280228,023300,0920.01%+72,069
SEMPRA(SRE)6,1536,339+186543,248612,2210.03%+68,973
LOCKHEED MARTIN CORP(LMT)5995990289,718358,5430.02%+68,825
ASML HLDG NV
N Y REGISTRY SHS
3413410363,165426,5910.02%+63,426
VANGUARD WORLD FD
INDUSTRIAL ETF
6,8826,977+952,053,4512,106,2900.09%+52,839
RTX CORPORATION(RTX)9,3479,438+911,714,2211,766,3030.08%+52,082
ISHARES GOLD TR(IAU)5,9146,210+296480,039527,4150.02%+47,376
DOMINION ENERGY INC(D)13,07813,0780766,240808,7440.04%+42,504
VERTEX PHARMACEUTICALS INC(VRTX)531636+105240,734281,8500.01%+41,116
MERCK & CO INC(MRK)3,1083,1080327,154367,0640.02%+39,910
MASTERCARD INCORPORATED(MA)620791+171354,142390,9250.02%+36,783
GILEAD SCIENCES INC(GILD)2,5762,579+3316,185351,6300.02%+35,445
VANGUARD TAX-MANAGED FDS59,04660,019+9733,688,6243,722,9700.16%+34,346
EATON CORP PLC(ETN)1,3331,3330424,574457,9250.02%+33,351
MICRON TECHNOLOGY INC(MU)8408400239,744270,3120.01%+30,568
PROCTER & GAMBLE CO(PG)2,9103,065+155417,039443,5740.02%+26,535
SELECT SECTOR SPDR TR
ST STR STAPL ETF
3,6983,758+60287,261307,7130.01%+20,452
TAIWAN SEMICONDUCTOR MANUFAC(TSM)1,6141,6140490,478510,8310.02%+20,353
SPDR GOLD TR(GLD)838839+1332,504347,8330.02%+15,329
GLOBAL X FDS
GLOBAL X URANIUM
4,6874,6870200,276212,2740.01%+11,998
VANGUARD INDEX FDS3,5843,556-28635,736645,3150.03%+9,579
ISHARES TR2,2762,2760412,434420,6500.02%+8,216
PHILIP MORRIS INTL INC(PM)1,5011,5010240,760247,4500.01%+6,690
SCHWAB STRATEGIC TR17,88117,882+1529,462534,6720.02%+5,210
PROLOGIS INC.(PLD)4,0284,030+2514,214518,9830.02%+4,769
OREILLY AUTOMOTIVE INC(ORLY)4,6054,6050420,022424,1670.02%+4,145
MCDONALDS CORP(MCD)8858850270,488273,0560.01%+2,568
ISHARES TR1,9461,9460274,502276,8960.01%+2,394
VANGUARD INDEX FDS3,4713,4710735,206736,8610.03%+1,655
ISHARES TR3,2153,219+4311,555312,9650.01%+1,410
ISHARES TR1,7821,785+3375,008373,8940.02%-1,114
VANGUARD SCOTTSDALE FDS
SHRT TRM CORP BD
3,2553,2550259,521257,2750.01%-2,246
ISHARES TR1,6451,651+6216,503213,6340.01%-2,869
ISHARES SILVER TR(SLV)3,4273,4270220,767217,6830.01%-3,084
SPDR SERIES TRUST
ST STR P500VAL
4,7104,7100267,575262,0640.01%-5,511
VANGUARD WHITEHALL FDS4,7544,755+1320,630309,6930.01%-10,937
LOWES COS INC(LOW)1,3041,305+1314,476303,5210.01%-10,955
VANGUARD STAR FDS18,39118,388-31,387,4291,372,3210.06%-15,108
BANCO SANTANDER SA(SAN)16,76016,7600196,595179,3320.01%-17,263
SCHWAB STRATEGIC TR9,7069,708+2261,191241,9360.01%-19,255
ISHARES TR
CORE MSCI EAFE
12,84812,84801,149,3911,126,6500.05%-22,741
VISTRA CORP(VST)2,8012,895+94451,952427,1890.02%-24,763
ISHARES TR7,7917,811+201,652,2561,621,7700.07%-30,486
ISHARES TR5,1164,787-329562,294528,2400.02%-34,054
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