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Portfolio (Quarterly) Guide ↗

Elm Partners Management LLC

· CIK 0001743941
13F Portfolio $2.3B AUM 158 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 11 New 68 Added 33 Reduced 7 Exited
Page 4 of 4  ·  68 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 DE DEERE & CO Industrials 616.0 $342K 0.01% +101.0 +19.6% $555.51 -4.3%
62 VAW VANGUARD WORLD FD 1,524.0 $336K 0.01% +404.0 +36.1% $220.18 +2.9%
63 NEE NEXTERA ENERGY INC Utilities 3,418.0 $315K 0.01% +485.0 +16.5% $92.06 -2.6%
64 JNJ JOHNSON & JOHNSON Healthcare 1,289.0 $313K 0.01% +142.0 +12.4% $242.49 -4.4%
65 XLP SELECT SECTOR SPDR TR 3,758.0 $308K 0.01% +60.0 +1.6% $81.88 +3.4%
66 VRTX VERTEX PHARMACEUTICALS INC Healthcare 636.0 $282K 0.01% +105.0 +19.8% $443.16 -2.9%
67 IWF ISHARES TR 2,342.0 $241K 0.01% +653.0 +38.7% $102.74 +21.4%
68 VUG VANGUARD INDEX FDS 3,361.0 $235K 0.01% +947.0 +39.2% $70.01 +25.0%
Page 4 of 4  ·  68 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 49.4%
Financial Services 13.7%
Industrials 9.3%
Healthcare 7.8%
Communication Services 5.9%
Utilities 4.0%
Consumer Defensive 3.3%
Consumer Cyclical 3.0%
Energy 2.3%
Real Estate 0.6%