Elm Partners Management LLC has filed a restatement of its Form 13F-HR for the period ending December 31, 2025. The filing, dated October 7, 2026, lists the firm's equity securities holdings as of the close of business on the specified date.
The report identifies 154 separate equity securities held by the firm. The largest position disclosed in the filing is in NVIDIA Corporation, for which the firm holds 11,032 shares. Other notable individual stock holdings include shares in Apple Inc. (19,832 shares), Microsoft Corporation (5,331 shares), and Alphabet Inc. Class A (7,361 shares).
A significant portion of the portfolio is allocated to exchange-traded funds (ETFs). The filing lists numerous positions in ETFs, including the iShares Core S&P 500 ETF (14,610 shares), the iShares Core S&P 500 ETF (404,268 shares), and the iShares Core MSCI Emerging Markets ETF (1,484,000 shares). The firm also holds positions in various other ETFs tracking global markets, sectors, and fixed income instruments.
The filing indicates that the firm holds these securities in its capacity as an investment adviser and does not report any changes in the number of shares held for the majority of the listed positions.
