Elm Partners Management LLC

Based on the SEC 13F filing data provided for Elm Partners Management LLC as of September 30, 2025, here is a comprehensive financial analysis.

1. Portfolio Overview

The most striking feature of this filing is the dramatic reduction in portfolio size, with total assets under management (AUM) falling by 62.0%, from $1.72 billion to $654.54 million. This significant capital reduction suggests either substantial client redemptions, a strategic pivot in fund offerings, or a large di...