Fund HoldingsElm Partners Management LLC

Total Portfolio Value
$2.20B
Total Bought
$315.58M
Total Sold
$118.14M
Net Transaction
+$197.44M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
SCHWAB STRATEGIC TR5,506,6757,072,390+1,565,715148,405187,3488.50%+38,943
VANGUARD INTL EQUITY INDEX F1,890,6742,196,125+305,451150,876183,6188.33%+32,742
VANGUARD BD INDEX FDS570,315991,972+421,65742,41473,4753.33%+31,061
VANGUARD SCOTTSDALE FDS
SHORT TERM TREAS
840,0341,328,709+488,67549,43678,0353.54%+28,599
VANGUARD INTL EQUITY INDEX F4,100,5474,625,697+525,150222,168248,67711.28%+26,510
VANGUARD INDEX FDS941,228996,018+54,790308,883333,93515.15%+25,052
VANGUARD INDEX FDS90,620120,434+29,81455,49475,5283.43%+20,034
VANGUARD MUN BD FDS0452,643+452,643022,7631.03%+22,763
ISHARES TR0291,724+291,724029,1371.32%+29,137
VANGUARD INTL EQUITY INDEX F1,125,1551,207,832+82,67798,834109,1884.95%+10,354
ISHARES TR0130,108+130,108013,9360.63%+13,936
VANGUARD INSTL INDEX FD0108,898+108,89808,2140.37%+8,214
SPDR INDEX SHS FDS
ST PORT MARK ETF
709,547876,410+166,86333,21441,0251.86%+7,811
J P MORGAN EXCHANGE TRADED F
BETA EURO ET NE
500,790556,073+55,28334,86040,7601.85%+5,900
SELECT SECTOR SPDR TR
ST STR TECHN ETF
027,373+27,37303,9410.18%+3,941
SPDR SERIES TRUST
ST STR P500ETF
042,976+42,97603,4480.16%+3,448
J P MORGAN EXCHANGE TRADED F
BETA CDA ETF NEW
275,880295,147+19,26724,06527,4491.25%+3,384
SELECT SECTOR SPDR TR
ST STR FINL ETF
057,384+57,38403,1430.14%+3,143
VANGUARD INDEX FDS114,943125,961+11,01821,43624,0571.09%+2,622
VANGUARD INDEX FDS66,24396,023+29,7806,0568,4970.39%+2,441
VANGUARD WORLD FD
FINANCIALS ETF
20,82537,784+16,9592,7335,0440.23%+2,311
ALPHABET INC(GOOG)04,977+4,97701,5620.07%+1,562
COHERENT CORP(COHR)19,99819,99802,1543,6910.17%+1,537
VANGUARD WORLD FD
HEALTH CAR ETF
010,005+10,00502,8800.13%+2,880
SELECT SECTOR SPDR TR
ST STR INDL ETF
07,789+7,78901,2080.05%+1,208
ELI LILLY & CO(LLY)03,837+3,83704,1240.19%+4,124
ISHARES TR
CORE MSCI PAC
473,347489,530+16,18334,75835,8391.63%+1,081
BROOKFIELD CORP(BN)069,811+69,81103,2040.15%+3,204
GRAYSCALE BITCOIN MINI TR ET(BTC)027,600+27,60001,0690.05%+1,069
SCHWAB STRATEGIC TR564,041627,312+63,27112,16613,1050.59%+938
ALNYLAM PHARMACEUTICALS INC(ALNY)02,008+2,00807980.04%+798
ISHARES INC
CORE MSCI EMKT
1,501,1641,484,000-17,16498,95799,7544.53%+798
SPDR SERIES TRUST
ST STR BLO 1 ETF
06,683+6,68306110.03%+611
VANGUARD WORLD FD
INDUSTRIAL ETF
06,882+6,88202,0530.09%+2,053
LAM RESEARCH CORP(LRCX)5,0107,250+2,2406711,2410.06%+570
VANGUARD TAX-MANAGED FDS52,36659,046+6,6803,1383,6890.17%+551
PROLOGIS INC.(PLD)04,028+4,02805140.02%+514
ALPHABET INC(GOOG)7,4877,361-1261,8212,3040.10%+483
VANGUARD WORLD FD
COMM SRVC ETF
10,75612,864+2,1082,0192,4910.11%+472
ADVANCED MICRO DEVICES INC(AMD)7,7027,998+2961,2461,7130.08%+467
DLOCAL LTD(DLO)032,000+32,00004520.02%+452
MERCADOLIBRE INC(MELI)0224+22404510.02%+451
SCHWAB STRATEGIC TR94,412106,827+12,4152,4272,8020.13%+375
VANGUARD WORLD FD
INF TECH ETF
4,7205,170+4503,5243,8970.18%+373
SELECT SECTOR SPDR TR
ST STR DISCR ETF
03,078+3,07803680.02%+368
VANGUARD INDEX FDS1,7032,414+7118171,1780.05%+361
SELECT SECTOR SPDR TR
ST STR UTIL ETF
07,932+7,93203390.02%+339
ISHARES TR410,381404,268-6,11359,77260,1112.73%+339
SCHWAB STRATEGIC TR154,882163,644+8,7623,6063,9340.18%+328
MERCK & CO INC(MRK)03,108+3,10803270.01%+327
VANGUARD WORLD FD
CONSUM DIS ETF
6,6787,496+8182,6452,9530.13%+307
SELECT SECTOR SPDR TR
ST STR STAPL ETF
03,698+3,69802870.01%+287
VANGUARD INTL EQUITY INDEX F5,5269,162+3,6363946740.03%+280
SPDR SERIES TRUST
ST STR P500VAL
04,710+4,71002680.01%+268
INTERNATIONAL BUSINESS MACHS(IBM)010,778+10,77803,1930.14%+3,193
SELECT SECTOR SPDR TR
ST STR SVC ETF
02,220+2,22002610.01%+261
MICRON TECHNOLOGY INC(MU)0840+84002400.01%+240
JOHNSON & JOHNSON(JNJ)01,147+1,14702380.01%+238
SEAGATE TECHNOLOGY HLDNGS PL
ORD SHS
0828+82802280.01%+228
ISHARES SILVER TR(SLV)03,427+3,42702210.01%+221
VANGUARD SPECIALIZED FUNDS3,5894,521+9327749940.05%+219
VERTIV HOLDINGS CO(VRT)19,05319,05302,8743,0870.14%+212
ISHARES INC115,833112,477-3,3565,8556,0660.28%+211
ISHARES TR05,116+5,11605620.03%+562
MARKEL GROUP INC(MKL)0349+34907500.03%+750
BLUE OWL TECHNOLOGY FIN CORP021,985+21,98503200.01%+320
SCHWAB STRATEGIC TR017,881+17,88105290.02%+529
ISHARES TR14,70014,610-909,83910,0070.45%+168
ISHARES GOLD TR(IAU)05,914+5,91404800.02%+480
RTX CORPORATION(RTX)9,2999,347+481,5561,7140.08%+158
BERKSHIRE HATHAWAY INC DEL1,8092,110+3019101,0610.05%+151
ISHARES TR2,2582,772+5145466820.03%+136
DIMENSIONAL ETF TRUST
US EQUI MARK ETF
70,63770,63705,1175,2390.24%+122
ISHARES TR20,28921,045+7562,4112,5290.11%+118
SPDR GOLD TR(GLD)603838+2352153330.02%+118
SCHWAB STRATEGIC TR035,815+35,81501,0200.05%+1,020
ISHARES TR045,133+45,13304,6280.21%+4,628
BANK AMERICA CORP8,93510,162+1,2274615590.03%+98
JPMORGAN CHASE & CO.(JPM)3,9104,114+2041,2331,3260.06%+92
FRANKLIN TEMPLETON ETF TR
FTSE CANADA
030,762+30,76201,4860.07%+1,486
CATERPILLAR INC(CAT)693723+303314140.02%+84
LEMONADE INC(LMND)03,800+3,80002700.01%+270
TAIWAN SEMICONDUCTOR MFG LTD(TSM)01,614+1,61404900.02%+490
ISHARES TR7,6977,791+941,5891,6520.07%+63
EXXON MOBIL CORP5,4885,644+1566196790.03%+60
PALANTIR TECHNOLOGIES INC(PLTR)1,3411,716+3752453050.01%+60
WALMART INC(WMT)3,7824,032+2503904490.02%+59
DISNEY WALT CO(DIS)2,1032,567+4642412920.01%+51
BROADCOM INC(AVGO)3,6313,600-311,1981,2460.06%+48
THERMO FISHER SCIENTIFIC INC(TMO)50050002432900.01%+47
MASTERCARD INCORPORATED(MA)550620+703133540.02%+41
VANGUARD STAR FDS18,34818,391+431,3481,3870.06%+40
GOLDMAN SACHS GROUP INC(GS)0356+35603130.01%+313
INVESCO QQQ TR441490+492653010.01%+36
DEERE & CO(DE)0515+51502400.01%+240
COSTCO WHSL CORP NEW(COST)01,154+1,15409950.05%+995
VERTEX PHARMACEUTICALS INC(VRTX)530531+12082410.01%+33
ASML HOLDING N V
N Y REGISTRY SHS
34134103313630.02%+32
ISHARES TR
CORE MSCI EAFE
12,79412,848+541,1171,1490.05%+32
GILEAD SCIENCES INC(GILD)02,576+2,57603160.01%+316
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