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Portfolio (Quarterly) Guide ↗

Elm Partners Management LLC

· CIK 0001743941
13F Portfolio $2.2B AUM Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 154 New
Page 8 of 8  ·  154 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 PM PHILIP MORRIS INTL INC Consumer Defensive 1,501.0 $241K 0.01% NEW $160.40 +17.8%
142 VRTX VERTEX PHARMACEUTICALS INC Healthcare 531.0 $241K 0.01% NEW $453.36 -4.2%
143 DE DEERE & CO Industrials 515.0 $240K 0.01% NEW $465.58 +13.7%
144 MU MICRON TECHNOLOGY INC Technology 840.0 $240K 0.01% NEW $285.41 +163.1%
145 JNJ JOHNSON & JOHNSON Healthcare 1,147.0 $238K 0.01% NEW $207.13 +13.1%
146 NEE NEXTERA ENERGY INC Utilities 2,933.0 $235K 0.01% NEW $80.28 +10.3%
147 VAW VANGUARD WORLD FD 1,120.0 $232K 0.01% NEW $207.55 +9.7%
148 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 828.0 $228K 0.01% NEW $275.39 +195.1%
149 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 637.0 $223K 0.01% NEW $350.55 +12.6%
150 SLV ISHARES SILVER TR Financial Services 3,427.0 $221K 0.01% NEW $64.42 +6.1%
151 IJJ ISHARES TR 1,645.0 $217K 0.01% NEW $131.61 +7.1%
152 TSLA TESLA INC Consumer Cyclical 461.0 $207K 0.01% NEW $449.72 -5.3%
153 URA GLOBAL X FDS 4,687.0 $200K 0.01% NEW $42.73 +14.6%
154 SAN BANCO SANTANDER SA Financial Services 16,760.0 $197K 0.01% NEW $11.73 +2.6%
Page 8 of 8  ·  154 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 51.6%
Financial Services 15.6%
Healthcare 8.7%
Industrials 6.8%
Communication Services 6.6%
Utilities 3.4%
Consumer Cyclical 3.0%
Consumer Defensive 2.3%
Energy 1.1%
Real Estate 0.6%