SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Elm Partners Management LLC

CIK 0001743941 · 50 S 16TH ST., SUITE 1700, PHILADELPHIA, PA, 19102 · (800) 459-7591

Reported Value
$374M
Q1 2019
Positions
39
Filings on Record
31
2019–present window
Filed
May 14, 2019
original filing

Summary

Elm Partners Management LLC reported $374M in U.S.-listed holdings across 39 positions for Q1 2019.

Its largest position, Ishares Core S P 500 Etf, represents 11.3% of the portfolio.

Compared with Q4 2018, the fund opened 7 new positions and exited 0.

Portfolio Metrics

Turnover
+21.3%
vs prior filed quarter
Top-10 Concentration
+68.4%
share of reported value
Largest Position
+11.3%
Ishares Core S P 500 Etf

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $290MQ4 ’18Q1 ’19: $374MQ2 ’19: $447MQ3 ’19: $442MQ4 ’19: $457MQ4 ’19Q1 ’20: $455MQ2 ’20: $560MQ3 ’20: $594MQ4 ’20: $669MQ4 ’20Q1 ’21: $703MQ2 ’21: $760MQ3 ’21: $749MQ4 ’21: $811MQ4 ’21Q1 ’22: $791MQ2 ’22: $767MQ3 ’22: $741MQ4 ’22: $864MQ4 ’22Q1 ’23: $951MQ2 ’23: $993MQ3 ’23: $967MQ4 ’23: $1.1BQ4 ’23Q1 ’24: $1.3BQ2 ’24: $1.3BQ3 ’24: $1.4BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.6BQ2 ’25: $1.7BQ3 ’25: $2.0BQ4 ’25: $2.2BQ4 ’25Q1 ’26: $2.3Bfilingsflow.com

Portfolio Composition

By security type
ETP: 98.6%Other: 1.4%
  • ETP · 98.6% · $368M
  • Other · 1.4% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD GLBL EX-US REAL ESTNEW+142.3K142.3K+$8M$8M
IAUUSDISHARES GOLD TRUSTNEW+489.3K489.3K+$6M$6M
VANGUARD INTERMEDIATE-TERM TNEW+43.0K43.0K+$3M$3M
ISHARES MSCI SOUTH KOREA ETFNEW+10.0K10.0K+$610,000$610,000
SCHWAB US LARGE-CAP ETFNEW+484484+$33,000$33,000
VANGUARD TOTAL INTL STOCKNEW+450450+$23,000$23,000
SCHWAB US SMALL-CAP ETFNEW+258258+$18,000$18,000
ISHARES CORE U.S. AGGREGATEADDED+64.3K64.3K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES CORE S&P 500 ETFETF11.30%$42M148.4K
2SPDR BBG BARC 1-3 MONTH TBILETF9.20%$34M375.0K
3ISHARES CORE MSCI EMERGINGETF8.98%$34M648.7K
4VANGUARD FTSE EMERGING MARKEETF7.91%$30M695.5K
5VANGUARD TOTAL STOCK MKT ETFETF7.18%$27M185.5K
6VANGUARD SHORT-TERM BOND ETFETF5.79%$22M271.6K
7VANGUARD FTSE EUROPE ETFETF5.21%$19M362.8K
8VANGUARD REAL ESTATE ETFETF4.79%$18M205.9K
9VANGUARD S&P 500 ETFETF4.31%$16M62.0K
10VANGUARD FTSE PACIFIC ETFETF3.77%$14M214.1K
11VANGUARD FTSE ALL WO X-US SCETF3.10%$12M111.3K
12VTVVANGUARD VALUE ETFhistory →ETF2.37%$9M82.2K
13XTRACKERS USD HIGH YIELD CORETF2.37%$9M178.0K
14VANGUARD GLBL EX-US REAL ESTETF2.27%$8M142.3K
15ISHARES CORE MSCI EUROPEETF2.26%$8M184.1K
16ISHARES CORE U.S. AGGREGATEETF1.88%$7M64.3K
17VANGUARD SMALL-CAP ETFETF1.84%$7M44.9K
18IAUUSDISHARES GOLD TRUSThistory →ETF1.62%$6M489.3K
19ISHARES MSCI EAFE SMALL-CAPETF1.58%$6M102.6K
20ISHARES MSCI EAFE VALUE ETFETF1.46%$5M111.7K
21ISHARES NATIONAL MUNI BOND EETF1.46%$5M48.9K
22JPMORGAN BETABUILDERS CANADAETF1.35%$5M211.1K
23VANGUARD TAX-EXEMPT BOND ETFETF1.32%$5M94.8K
24ISHARES CORE S&P SMALL-CAP EETF1.32%$5M63.9K
25ISHARES CORE MSCI PACIFIC ETETF1.31%$5M88.3K
26ISHARES CORE S&P TOTAL U.S.ETF1.16%$4M67.1K
27VANGUARD INTERMEDIATE-TERM TETF0.74%$3M43.0K
28ISHARES CORE S&P U.S. VALUEETF0.60%$2M40.9K
29ISHARES MSCI CANADA ETFETF0.57%$2M76.6K
30ISHARES RUSSELL 1000 VALUE EETF0.38%$1M11.5K
31ISHARES MSCI SOUTH KOREA ETFETF0.16%$610,00010.0K
32ISHARES IBOXX HIGH YLD CORPETF0.16%$610,0007.1K
33SCHWAB INTL SMALL-CAP EQUITYETF0.12%$439,00013.6K
34ISHARES TIPS BOND ETFETF0.10%$361,0003.2K
35SCHWAB EMERGING MARKETS EQUIETF0.03%$130,0005.0K
36SCHWAB US LARGE-CAP ETFETF0.01%$33,000484
37VANGUARD TOTAL INTL STOCKETF0.01%$23,000450
38SCHWAB US SMALL-CAP ETFETF0.00%$18,000258

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.3B158May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.2B154Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.0B149Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B97Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.6B66May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.5B68Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.4B60Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.3B60Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B61Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B52Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$967M47Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$993M41Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$951M39Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$864M35Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$741M36Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$767M32Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$791M51Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$811M33Jan 21, 202213F-HRchanges · EDGAR ↗
Q3 2021$749M35Oct 26, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2021$760M42Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$703M42Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$669M41Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$594M42Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$560M45Jul 22, 202013F-HRchanges · EDGAR ↗
Q1 2020$455M41May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$457M42Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$442M41Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$447M41Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$374M39May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$290M31Jan 11, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.