ELM ADVISORS, LLC

CIK

1362987

Location

BURLINGAME, CA

Portfolio Value

Micro $13,235,358

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,293 / 6,760 ▼ 771

Top Industry

Consumer Electronics 25.0%

3Y Alpha vs SPY

-2.1%

Period ended 4 years ago

Filed Apr 1, 2022 · 4y

9 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+68.2%

SPY

+76.5%

Annualised alpha

-1.9%

Max drawdown

−18.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

14 positions · as of Mar 31, 2022 · Δ vs Dec 31, 2021

Top Position

37.1%

+16.2 pts

Top 5

81.0%

+25.4 pts

Top 10

93.5%

+27.5 pts

HHI

2,034

Moderately concentrated+1,159

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2022

Sector	% Portfolio	Value	Positions
Unclassified	67.0%	$8,867,059	3
Technology	11.5%	$1,521,868	3
Financial Services	7.9%	$1,042,831	2
Industrials	5.4%	$713,797	2
Consumer Cyclical	4.5%	$600,256	2
Consumer Defensive	1.9%	$248,559	1
Energy	1.8%	$240,988	1

Last Quarter's Activity

Export CSV

Mar 31, 2022 vs Dec 31, 2021

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	−27,676	6,265	$1,093,931
SPY	Spdr S&P 500 ETF Trust	−11,649	10,867	$4,907,971
MDY	Spdr S&P Midcap 400 ETF Trust	−8,714	5,582	$2,737,691
CVX	Chevron Corp	−3,300	1,480	$240,988
QQQ	Invesco Qqq Trust, Series 1	−2,648	3,369	$1,221,397
MSFT	Microsoft Corp	−1,816	657	$202,559
AMAT	Applied Materials Inc /De	−1,600	1,710	$225,378
JPM	Jpmorgan Chase & Co	−1,554	2,058	$280,546
MCD	Mcdonalds Corp	−1,050	1,551	$383,531
DE	Deere & Co	−750	1,189	$493,981
BRK-B	Berkshire Hathaway Inc	−715	2,160	$762,285
DOV	DOVER Corp	−670	1,401	$219,816
PEP	Pepsico Inc	−600	1,485	$248,559
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SHW	Sherwin Williams Co	5,775	$2,033,724
PG	PROCTER & GAMBLE Co	7,023	$1,148,822
WM	Waste Management Inc	6,760	$1,128,244
COST	Costco Wholesale Corp /New	1,904	$1,080,900
UNP	Union Pacific Corp	4,152	$1,046,013
GD	General Dynamics Corp	4,375	$912,056
JNJ	Johnson & Johnson	4,969	$850,046
INTC	Intel Corp	15,950	$821,425
IBM	International Business Machines Corp	5,722	$764,802
DJCO	Daily Journal Corp	2,120	$756,267
MRK	Merck & Co., Inc.	8,401	$643,852
WEC	Wec Energy Group, Inc.	6,322	$613,676
KO	Coca Cola Co	9,676	$572,915
GPC	Genuine Parts Co	3,780	$529,956
MMM	3M Co	3,265	$484,918
FDX	Fedex Corp	1,700	$439,688
A	Agilent Technologies, Inc.	2,649	$422,912
HPQ	Hp Inc	10,632	$400,507
LOW	Lowes Companies Inc	1,375	$355,410
CMCSA	Comcast Corp	6,885	$324,762
ORI	Old Republic International Corp	12,330	$303,071
CL	Colgate Palmolive Co	3,443	$293,825
CWT	California Water Service Group	4,032	$289,739
BAC	Bank Of America Corp /De/	6,375	$283,623
PYPL	PayPal Holdings, Inc.	1,450	$273,441
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

14 positions · $13,235,358 total · as of Mar 31, 2022

All sectors Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	10,867	-11,649	$4,907,971	−54.1%	37.08%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	5,582	-8,714	$2,737,691	−63.0%	20.68%
QQQ	Invesco Qqq Trust, Series 1	Reduced	3,369	-2,648	$1,221,397	−49.0%	9.23%
AAPL	Apple Inc. Technology	Reduced	6,265	-27,676	$1,093,931	−81.8%	8.27%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,160	-715	$762,285	−11.3%	5.76%
DE	Deere & Co Industrials	Reduced	1,189	-750	$493,981	−25.7%	3.73%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	1,551	-1,050	$383,531	−45.0%	2.90%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	2,058	-1,554	$280,546	−51.0%	2.12%
PEP	Pepsico Inc Consumer Defensive	Reduced	1,485	-600	$248,559	−31.4%	1.88%
CVX	Chevron Corp Energy	Reduced	1,480	-3,300	$240,988	−57.0%	1.82%
AMAT	Applied Materials Inc /De Technology	Reduced	1,710	-1,600	$225,378	−56.7%	1.70%
DOV	DOVER Corp Industrials	Reduced	1,401	-670	$219,816	−41.6%	1.66%
AZO	Autozone Inc Consumer Cyclical	Held	106	0	$216,725	−2.5%	1.64%
MSFT	Microsoft Corp Technology	Reduced	657	-1,816	$202,559	−75.6%	1.53%