Q2 2026 13F · SEC CIK 1743941

Elm Partners Management LLC

Wealth managerFiled 2026-10-07 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $3.4B
Reported positions: 160
Top holdings a year, 3 yrs: +12.4%
Assets under management: $3.0B

Elm Partners Management LLC is a wealth manager that reported 160 positions worth $3.4B in its Q2 2026 13F, filed 2026-10-07. Its largest holdings were Vanguard Index Fds (VTI, 16.8%), Vanguard Instl Index Fd (VBIL, 12.8%), Vanguard Intl Equity Index F (VWO, 10.3%). A portfolio copying its top holdings returned 12.4% a year over the last 3 years, against 20.4% for the S&P 500.

Elm Partners Management LLC holdings largest 50 of 160 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Elm Partners Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VTIVanguard Index Fds	16.8%	13.0%	1,524,998	+58.8%	$564.3M
VBILVanguard Instl Index Fd	12.8%	6.0%	5,697,819	+209.2%	$431.2M
VWOVanguard Intl Equity Index F	10.3%	10.5%	5,784,057	+24.9%	$345.3M
VGKVanguard Ftse Europe ETF	6.5%	7.3%	2,462,659	+16.3%	$218.0M
ELMSeries Portfolios Tr	5.4%	6.9%	6,168,649	+2.7%	$180.7M
VPLVanguard Intl Equity Index F	5.3%	5.0%	1,529,637	+24.8%	$177.0M
SCHPSchwab Strategic Tr	5.0%	9.3%	6,341,129	-21.4%	$168.0M
IEMGIshares Inc	4.4%	5.2%	1,795,090	+0.2%	$148.7M
IEURIshares Core Msci Europeetf	3.1%	3.3%	1,365,137	+21.9%	$102.6M
VOOVanguard Index Fds	2.9%	2.7%	141,560	+32.6%	$97.2M
VGSHVanguard Scottsdale Fds	2.7%	3.0%	1,571,335	+34.8%	$91.5M
BBEUJ P Morgan Exchange Traded F	2.4%	1.9%	1,050,129	+66.1%	$81.7M
ITOTIshares Tr	2.0%	2.6%	406,864	-5.7%	$66.8M
SPEMSpdr Index Shs Fds	1.5%	1.6%	973,914	+17.8%	$50.4M
SCHHSchwab Strategic Tr	1.4%	0.9%	1,946,919	+92.7%	$46.1M
IPACIshares Tr	1.3%	1.6%	552,211	+8.7%	$45.2M
VTVVanguard Index Fds	1.3%	1.2%	206,603	+48.4%	$45.0M
BNDVanguard Bd Index Fds	1.3%	2.4%	599,378	-19.6%	$44.0M
BBCAJ P Morgan Exchange Traded F	1.2%	1.3%	418,926	+30.6%	$41.6M
VBVanguard Index Fds	1.1%	0.9%	124,998	+46.3%	$37.9M
AGGIshares Tr	1.1%	1.2%	369,207	+33.9%	$36.5M
VNQVanguard Index Fds	0.9%	0.4%	323,939	+244.7%	$31.2M
SPLGSpdr Series Trust	0.7%	0.7%	261,395	+23.7%	$23.0M
SGOVIshares Tr	0.6%	1.2%	212,608	-25.2%	$21.4M
NVDANvidia Corporation	0.6%	0.8%	106,905	-3.4%	$21.4M
VTEBVanguard Mun Bd Fds	0.4%	0.8%	267,541	-28.7%	$13.5M
STIPIshares Tr	0.4%	0.8%	115,464	-35.6%	$11.8M
IVVIshares Tr	0.3%	0.4%	15,186	+3.0%	$11.4M
MUBIshares Tr	0.3%	0.6%	103,433	-26.3%	$11.1M
SCHBSchwab Strategic Tr	0.2%	0.1%	288,202	+179.8%	$8.3M
AAPLApple Inc	0.2%	0.3%	26,182	+1.5%	$7.6M
VGTVanguard World Fd	0.2%	—	63,210	—	$7.6M
DFUSDimensional ETF Trust	0.2%	0.3%	85,046	+0.0%	$7.0M
EWCIshares Inc	0.2%	0.3%	109,490	-2.3%	$6.3M
IUSVIshares Tr	0.2%	0.2%	55,571	+11.7%	$6.1M
XLKSelect Sector Spdr Tr	0.2%	0.1%	30,630	+13.9%	$5.8M
CRWDCrowdstrike Hldgs Inc	0.2%	0.1%	7,596	+0.0%	$5.8M
SCHFSchwab Strategic Tr	0.2%	0.2%	200,155	+1.5%	$5.5M
VEAVanguard Ftse Developed Markets Index Fu	0.1%	0.2%	65,799	+9.6%	$4.7M
SPYState Str Spdr S&p 500 ETF T	0.1%	0.2%	6,182	-0.2%	$4.6M
LLYEli Lilly & Co	0.1%	0.1%	3,843	-0.9%	$4.6M
AMDAdvanced Micro Devices Inc	0.1%	—	7,857	—	$4.6M
BRK-ABerkshire Hathaway Inc Del	0.1%	0.2%	6	+0.0%	$4.5M
IJRIshares Tr	0.1%	0.1%	29,913	+32.9%	$4.4M
VFHVanguard World Fd	0.1%	0.1%	29,352	+25.0%	$3.9M
VISVanguard Industrials ETF	0.1%	0.1%	9,447	+35.4%	$3.4M
XLFSelect Sector Spdr Tr	0.1%	0.1%	60,083	+15.5%	$3.2M
LRCXLam Research Corp	0.1%	—	7,264	—	$3.1M
BNBrookfield Corp	0.1%	0.1%	69,812	+0.0%	$3.0M
COHRCoherent Corp	0.1%	0.2%	7,208	-54.9%	$2.8M

What Elm Partners Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: +12.4% /yr; S&P 500 +20.4%
5 years: +3.1% /yr; S&P 500 +10.1%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$3.4B	160
Q1 2026	$2.3B	158
Q4 2024	$1.5B	68
Q3 2024	$1.4B	60
Q2 2024	$1.3B	60
Q1 2024	$1.3B	61
Q4 2023	$1.1B	52
Q3 2023	$966.9M	47
Q2 2023	$992.7M	41
Q1 2023	$950.7M	39
Q4 2022	$864.4M	34
Q3 2022	$740.9M	35

Questions about Elm Partners Management LLC's portfolio

What stocks does Elm Partners Management LLC own?

Elm Partners Management LLC's latest 13F, for Q2 2026 and filed Oct 7, 2026, lists 160 positions worth $3.4B. The largest are Vanguard Index Fds (VTI) at 16.8%, Vanguard Instl Index Fd (VBIL) at 12.8%, Vanguard Intl Equity Index F (VWO) at 10.3%, Vanguard Ftse Europe ETF (VGK) at 6.5% and Series Portfolios Tr (ELM) at 5.4%.

What did Elm Partners Management LLC buy last quarter?

In Q2 2026, Elm Partners Management LLC added Vanguard Index Fds (VNQ) (+244.7% shares), Vanguard Instl Index Fd (VBIL) (+209.2% shares) and Schwab Strategic Tr (SCHB) (+179.8% shares), compared with its Q1 2026 filing.

What did Elm Partners Management LLC sell last quarter?

In Q2 2026, Elm Partners Management LLC cut from its top 50 Vertiv Holdings Co (VRT), cut from its top 50 International Business Machs (IBM), cut from its top 50 Vanguard Consumer Discretionary ETF (VCR), Coherent Corp (COHR) (-54.9% shares), Ishares Tr (STIP) (-35.6% shares) and Vanguard Mun Bd Fds (VTEB) (-28.7% shares), compared with its Q1 2026 filing.

How has Elm Partners Management LLC's portfolio performed?

A portfolio copying Elm Partners Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 5 years: +3.1% a year against +10.1%.

When is Elm Partners Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Elm Partners Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Elm Partners Management LLC manage?

Elm Partners Management LLC reported $3.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $3.4B.