Elm Partners Management LLC

CIK

1743941

Location

Philadelphia, PA

Portfolio Value

Micro $85,380,117

Diversification

Diversified

Filing Date

Global Rank

#5,995 / 8,603 ▲ 148 · as of Mar 2026

Top Industry

Semiconductors 28.6%

3Y Alpha vs SPY

+5.3%

Period ended 3 months ago

Filed May 13, 2026 · 57d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+100.5%

SPY

+76.0%

Annualised alpha

+5.4%

Max drawdown

−22.9%

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

71 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

22.6%

−1.1 pts

Top 5

45.0%

+1.1 pts

Top 10

60.3%

−0.3 pts

HHI

730

Diversified−30

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	49.1%	$41,941,434	16
Financial Services	9.9%	$8,465,650	11
Industrials	9.7%	$8,314,863	6
Healthcare	8.0%	$6,836,879	8
Unclassified	6.3%	$5,416,661	5
Communication Services	4.2%	$3,549,330	4
Utilities	4.0%	$3,416,194	5
Consumer Defensive	3.3%	$2,820,916	5
Consumer Cyclical	3.1%	$2,623,840	6
Energy	1.1%	$947,067	3
Real Estate	0.6%	$532,685	1
Basic Materials	0.6%	$514,598	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OTF	Blue Owl Technology Finance Corp.	+21,987	43,972	$544,813
AAPL	Apple Inc.	+5,959	25,791	$6,545,497
NVDA	Nvidia Corp	+526	110,658	$19,298,755
WMT	Walmart Inc.	+494	4,526	$562,491
NEE	Nextera Energy Inc	+485	3,418	$317,463
BRK-B	Berkshire Hathaway Inc	+472	2,582	$1,237,294
AMZN	Amazon Com Inc	+414	4,813	$1,002,403
BAC	Bank Of America Corp /De/	+387	10,549	$514,263
IAU	Ishares Gold Trust	+296	6,210	$547,473
DUK	Duke Energy CORP	+209	9,463	$1,239,085
COST	Costco Wholesale Corp /New	+195	1,349	$1,344,184
SRE	Sempra	+186	6,339	$615,960
AVGO	Broadcom Inc.	+178	3,778	$1,169,328
MA	Mastercard Inc	+171	791	$395,231
LIN	Linde PLC	+167	1,038	$514,598
PG	PROCTER & GAMBLE Co	+155	3,065	$442,708
JNJ	Johnson & Johnson	+142	1,289	$315,083
VLO	Valero Energy Corp/Tx	+131	1,820	$449,685
META	Meta Platforms, Inc.	+114	1,433	$819,862
VRTX	Vertex Pharmaceuticals Inc / Ma	+105	636	$283,999
DE	Deere & Co	+101	616	$346,992
VST	Vistra Corp.	+94	2,895	$435,205
RTX	RTX Corp	+91	9,438	$1,820,590
ABBV	AbbVie Inc.	+88	4,673	$1,016,330
LLY	ELI LILLY & Co	+40	3,877	$3,565,948
No positions match the current search.

Trimmed

Positions the filer reduced

11 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	−5,940	3,823	$367,581
COHR	Coherent Corp.	−4,000	15,998	$3,810,883
CRWD	CrowdStrike Holdings, Inc.	−1,500	7,594	$741,193
IBM	International Business Machines Corp	−401	10,377	$2,515,281
SPY	Spdr S&P 500 ETF Trust	−170	6,194	$4,028,205
AMD	Advanced Micro Devices Inc	−147	7,851	$1,597,128
DIS	Walt Disney Co	−83	2,484	$239,407
QQQ	Invesco Qqq Trust, Series 1	−63	427	$246,455
GS	Goldman Sachs Group Inc	−63	293	$247,875
V	Visa Inc.	−42	1,265	$382,333
ORCL	Oracle Corp	−2	2,890	$425,147
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
CVX	Chevron Corp	1,354	$280,142
TJX	Tjx Companies Inc /De/	1,413	$225,656
KO	Coca Cola Co	2,937	$223,358
KMI	Kinder Morgan, Inc.	6,479	$217,240
WFC	Wells Fargo & Company/Mn	2,708	$215,583
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
BTC	Grayscale Bitcoin Mini Trust ETF	27,600	$1,068,948
PLTR	Palantir Technologies Inc.	1,716	$305,019
NVO	Novo Nordisk A S	5,330	$271,190
LMND	Lemonade, Inc.	3,800	$270,484
ELV	Elevance Health, Inc.	637	$223,300
TSLA	Tesla, Inc.	461	$207,320
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

71 positions · $85,380,117 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 71 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	110,658	+526	$19,298,755	−6.0%	22.60%
AAPL	Apple Inc. Technology	Added	25,791	+5,959	$6,545,497	+21.4%	7.67%
VRT	Vertiv Holdings Co Industrials	Held	19,053	0	$4,774,300	+54.7%	5.59%
SPY	Spdr S&P 500 ETF Trust	Reduced	6,194	-170	$4,028,205	−7.2%	4.72%
COHR	Coherent Corp. Technology	Reduced	15,998	-4,000	$3,810,883	+3.2%	4.46%
LLY	ELI LILLY & Co Healthcare	Added	3,877	+40	$3,565,948	−13.5%	4.18%
BN	BROOKFIELD Corp /ON/ Financial Services	Held	69,811	0	$2,825,251	−11.8%	3.31%
IBM	International Business Machines Corp Technology	Reduced	10,377	-401	$2,515,281	−21.2%	2.95%
GOOGL	Alphabet Inc. Communication Services	Added	7,381	+20	$2,122,480	−7.9%	2.49%
MSFT	Microsoft Corp Technology	Added	5,364	+33	$1,985,591	−23.0%	2.33%
RTX	RTX Corp Industrials	Added	9,438	+91	$1,820,590	+6.2%	2.13%
AMD	Advanced Micro Devices Inc Technology	Reduced	7,851	-147	$1,597,128	−6.8%	1.87%
LRCX	Lam Research Corp Technology	Held	7,250	0	$1,549,035	+24.8%	1.81%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,349	+195	$1,344,184	+35.1%	1.57%
DUK	Duke Energy CORP Utilities	Added	9,463	+209	$1,239,085	+14.2%	1.45%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	2,582	+472	$1,237,294	+16.7%	1.45%
JPM	Jpmorgan Chase & Co Financial Services	Added	4,138	+24	$1,217,234	−8.2%	1.43%
AVGO	Broadcom Inc. Technology	Added	3,778	+178	$1,169,328	−6.2%	1.37%
ABBV	AbbVie Inc. Healthcare	Added	4,673	+88	$1,016,330	−3.0%	1.19%
AMZN	Amazon Com Inc Consumer Cyclical	Added	4,813	+414	$1,002,403	−1.3%	1.17%
META	Meta Platforms, Inc. Communication Services	Added	1,433	+114	$819,862	−5.8%	0.96%
D	Dominion Energy, Inc Utilities	Held	13,078	0	$808,481	+5.5%	0.95%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	7,594	-1,500	$741,193	−30.5%	0.87%
MKL	Markel Group Inc. Financial Services	Added	364	+15	$696,721	−7.1%	0.82%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Added	2,043	+35	$675,967	−15.3%	0.79%
SRE	Sempra Utilities	Added	6,339	+186	$615,960	+13.4%	0.72%
WMT	Walmart Inc. Consumer Defensive	Added	4,526	+494	$562,491	+25.2%	0.66%
IAU	Ishares Gold Trust	Added	6,210	+296	$547,473	+14.0%	0.64%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	1,614	0	$545,451	+11.2%	0.64%
OTF	Blue Owl Technology Finance Corp. Financial Services	Added	43,972	+21,987	$544,813	+70.4%	0.64%
CAT	Caterpillar Inc Industrials	Added	754	+31	$534,178	+29.0%	0.63%
PLD	Prologis, Inc. Real Estate	Added	4,030	+2	$532,685	+3.6%	0.62%
LIN	Linde PLC Basic Materials	Added	1,038	+167	$514,598	+38.6%	0.60%
BAC	Bank Of America Corp /De/ Financial Services	Added	10,549	+387	$514,263	−8.0%	0.60%
ETN	Eaton Corp plc Industrials	Held	1,333	0	$476,774	+12.3%	0.56%
ASML	Asml Holding NV Technology	Held	341	0	$450,403	+23.5%	0.53%
VLO	Valero Energy Corp/Tx Energy	Added	1,820	+131	$449,685	+63.6%	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	3,065	+155	$442,708	+6.2%	0.52%
VST	Vistra Corp. Utilities	Added	2,895	+94	$435,205	−3.7%	0.51%
ORCL	Oracle Corp Technology	Reduced	2,890	-2	$425,147	−24.6%	0.50%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Held	4,605	0	$425,087	+1.2%	0.50%
DLO	dLocal Ltd Technology	Held	32,000	0	$415,040	−8.3%	0.49%
MA	Mastercard Inc Financial Services	Added	791	+171	$395,231	+11.7%	0.46%
MELI	Mercadolibre Inc Consumer Cyclical	Held	224	0	$387,300	−14.2%	0.45%
V	Visa Inc. Financial Services	Reduced	1,265	-42	$382,333	−16.6%	0.45%
MRK	Merck & Co., Inc. Healthcare	Held	3,108	0	$373,861	+14.3%	0.44%
NFLX	Netflix Inc Communication Services	Reduced	3,823	-5,940	$367,581	−59.8%	0.43%
LMT	Lockheed Martin Corp Industrials	Held	599	0	$362,029	+25.0%	0.42%
GLD	Spdr Gold Trust	Added	839	+1	$361,013	+8.7%	0.42%
GILD	Gilead Sciences, Inc. Healthcare	Added	2,579	+3	$359,435	+13.7%	0.42%