Elm3 Financial Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Elm3 Financial Group, LLC reported 101 stock positions worth $113.8 million. Its top holding was Invesco Aaa Clo F/R Note ETF (ICLO) at 7.4% of the portfolio, followed by Amazon.com (AMZN, 6.7%) and Nvidia (NVDA, 4.9%). Compared with Q4 2024, it opened 15 new positions, sold out of 4, added to 28 and reduced 56. The biggest buy was a new position in iShares MSCI USA Momentum Fa (MTUM) and the biggest sale Invesco Aaa Clo F/R Note ETF (ICLO, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- ALPHARETTA, GA
- CIK
- 0002011201
- Portfolio Value
- $113.8M (Q1 2025)
- SEC Filing
- 0002011201-25-000001 ↗ filed May 6, 2025
Holdings Value
Holdings 101 stocks · $113.8M
| ICLO Invesco Aaa Clo F/R Note ETF | 7.43% | 331,625 | $8.5M | Reduce -30.3% |
| AMZN Amazon.com Inc. | 6.65% | 39,775 | $7.6M | Add +91.2% |
| NVDA Nvidia Corp. | 4.87% | 51,099 | $5.5M | Reduce -6.8% |
| LLY Eli Lilly & Co. | 4.66% | 6,417 | $5.3M | Reduce -6.9% |
| BRLN Ishare Fltng RT LN Av ETF-Ui | 4.62% | 101,364 | $5.3M | Reduce -17.2% |
| MSFT Microsoft Corp. | 3.92% | 11,892 | $4.5M | Reduce -8.1% |
| MTUM iShares MSCI USA Momentum Fa | 3.74% | 21,066 | $4.3M | New |
| AAPL Apple Inc. | 3.43% | 17,547 | $3.9M | Reduce -0.4% |
| QQQ Invesco QQQ Trust Series 1 | 3.33% | 8,088 | $3.8M | Reduce -19.9% |
| XMMO Invesco S&P Midcap Momentum | 2.91% | 29,068 | $3.3M | Add +13.8% |
| AVGO Broadcom Inc. | 2.71% | 18,425 | $3.1M | Reduce -4.9% |
| QQQM Invesco Nasdaq 100 ETF | 2.71% | 15,965 | $3.1M | Reduce -10.8% |
| LONZ PIMCO Senior Loan Active ETF | 2.17% | 48,896 | $2.5M | Reduce -2.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.77% | 28,362 | $2.0M | Reduce -15.3% |
| JAAA Janus Henderson Aaa Clo ETF | 1.77% | 39,776 | $2.0M | Reduce -33.9% |
| BXSL Blackstone Secured Lending F | 1.67% | 58,878 | $1.9M | Add +70.0% |
| THYF T Rowe Price US High Yield | 1.57% | 34,873 | $1.8M | Add +12.6% |
| HD Home Depot Inc. | 1.37% | 4,259 | $1.6M | Add +118.2% |
| PDI PIMCO Dynamic Income Fund | 1.33% | 76,381 | $1.5M | Reduce -4.5% |
| PTY PIMCO Corporate & Income Opp | 1.27% | 99,634 | $1.4M | Add +15.5% |
| GOOGL Alphabet Inc. Class A | 1.24% | 9,112 | $1.4M | Reduce -2.0% |
| PGR Progressive Corp. | 1.19% | 4,783 | $1.4M | Reduce -11.4% |
| FTEC Fidelity MSCI Info Tech Indx | 1.08% | 7,599 | $1.2M | Reduce -1.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.96% | 15,756 | $1.1M | Reduce -23.3% |
| JQUA JPMorgan US Quality Factor | 0.96% | 19,316 | $1.1M | Reduce -5.1% |
| HWM Howmet Aerospace Inc. | 0.96% | 8,394 | $1.1M | Reduce -0.6% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.92% | 20,142 | $1.0M | Reduce -41.4% |
| TDG Transdigm Group Inc. | 0.88% | 721 | $998K | Reduce -8.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.85% | 3,533 | $971K | Add +282.4% |
| VCIT Vanguard Int-Term Corporate | 0.84% | 11,722 | $958K | Reduce -33.4% |
| ACGL Arch Capital Group Ltd. | 0.84% | 9,943 | $956K | Reduce -21.8% |
| FDEV Fidelity Intl Multifact ETF | 0.77% | 29,832 | $876K | New |
| VCLT Vanguard Long-Term Corp. Bond | 0.74% | 11,159 | $847K | Reduce -24.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.72% | 22,988 | $819K | Add +8.6% |
| COST Costco Wholesale Corp. | 0.69% | 833 | $788K | Reduce -2.0% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.69% | 8,536 | $781K | Add +2.1% |
| IWY iShares Russell Top 200 Grow | 0.65% | 3,527 | $744K | Reduce -23.5% |
| FLBL Franklin Senior Loan ETF | 0.65% | 30,689 | $739K | Add +9.4% |
| IVV iShares Core S&P 500 ETF | 0.55% | 1,119 | $629K | Reduce -19.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 1,122 | $627K | Reduce -23.3% |
| EWY iShares MSCI South Korea ETF | 0.54% | 11,419 | $617K | New |
| EWT iShares MSCI Taiwan ETF | 0.53% | 12,709 | $603K | New |
| JCPB JPMorgan Core Plus Bond ETF | 0.53% | 12,708 | $598K | Reduce -46.5% |
| IWP iShares Russell Mid-Cap Grow | 0.52% | 5,019 | $590K | Add +94.6% |
| FLDR Fidelity Low Durat Fact ETF | 0.52% | 11,743 | $589K | Add +3.7% |
| DTM DT Midstream Inc. | 0.50% | 5,839 | $563K | Reduce -5.5% |
| QGRW Wisdomtree US Quality Growth | 0.49% | 12,771 | $561K | Reduce -40.3% |
| DPG Duff & Phelps Utility & Inc. | 0.48% | 44,933 | $550K | Reduce -16.6% |
| EPOL iShares MSCI Poland ETF | 0.47% | 19,241 | $539K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.47% | 2,394 | $531K | Add +67.2% |
| AZO AutoZone Inc. | 0.45% | 134 | $511K | Reduce -4.3% |
| SPGI S&P Global Inc. | 0.43% | 972 | $494K | Reduce -5.6% |
| LMT Lockheed Martin Corp. | 0.43% | 1,105 | $494K | Reduce -15.8% |
| BKLN Invesco Senior Loan ETF | 0.43% | 23,439 | $485K | Add +38.4% |
| PANW Palo Alto Networks Inc. | 0.43% | 2,838 | $484K | Reduce -4.8% |
| EWD iShares MSCI Sweden ETF | 0.42% | 11,442 | $481K | New |
| PPA Invesco Aerospace & Defense | 0.41% | 4,003 | $467K | Reduce -3.6% |
| VXUS Vanguard Total Intl Stock | 0.39% | 7,104 | $441K | New |
| FBCG Fidelity Blue Chip Grow ETF | 0.39% | 11,009 | $440K | Add +107.8% |
| STRL Sterling Infrastructure Inc. | 0.38% | 3,801 | $430K | Reduce -21.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.36% | 1,590 | $411K | Add +35.5% |
| META Meta Platforms Inc. Class A | 0.36% | 713 | $411K | Add +19.0% |
| JPM JPMorgan Chase & Co. | 0.36% | 1,655 | $406K | Reduce -1.2% |
| MPC Marathon Petroleum Corp. | 0.35% | 2,711 | $395K | Reduce -34.1% |
| PSX Phillips 66 | 0.35% | 3,196 | $395K | Reduce -34.5% |
| PCN PIMCO Corporate & Income STR | 0.33% | 27,690 | $378K | Reduce -2.5% |
| SMH Vaneck Semiconductor ETF | 0.33% | 1,786 | $378K | Reduce -13.5% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 0.33% | 8,557 | $372K | Add +25.2% |
| BIT BlackRock Multi-Sector Inc. | 0.32% | 25,535 | $370K | Add +10.1% |
| GOOG Alphabet Inc. Class C | 0.32% | 2,339 | $365K | Add +1.1% |
| MOD Modine Manufacturing Co. | 0.32% | 4,684 | $359K | Reduce -20.3% |
| KLAC KLA Corp. | 0.31% | 527 | $358K | Reduce -8.0% |
| UNH Unitedhealth Group Inc. | 0.31% | 681 | $357K | Reduce -14.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.31% | 2,137 | $355K | Add +4.5% |
| FLOT iShares Floating Rate Bond E | 0.30% | 6,663 | $340K | Reduce -1.5% |
| FHLC Fidelity MSCI Health Care | 0.26% | 4,356 | $298K | Add +19.1% |
| NDAQ Nasdaq Inc. | 0.26% | 3,917 | $297K | Add +3.1% |
| PFN PIMCO Income Strategy FD II | 0.26% | 38,642 | $291K | Add +0.0% |
| HYT BlackRock Corp. Hi YLD | 0.26% | 30,362 | $291K | Add +1.7% |
| BND Vanguard Total Bond Market | 0.25% | 3,927 | $288K | New |
| PPH Vaneck Pharmaceutical ETF | 0.25% | 3,130 | $285K | Reduce -16.6% |
| DLR Digital Realty Trust Inc. | 0.24% | 1,944 | $278K | Reduce -5.2% |
| FICO Fair Isaac Corp. | 0.23% | 145 | $267K | New |
| SMIN iShares MSCI India Small-Cap | 0.23% | 3,842 | $262K | Reduce -30.1% |
| LNG Cheniere Energy Inc. | 0.21% | 1,025 | $237K | New |
| ORLY O'reilly Automotive Inc. | 0.21% | 165 | $236K | Reduce -6.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.20% | 673 | $232K | New |
| MCK McKesson Corp. | 0.20% | 344 | $232K | New |
| XOM Exxon Mobil Corp. | 0.20% | 1,886 | $224K | Add +0.6% |
| VRT Vertiv Holdings Co. Class A | 0.20% | 3,082 | $223K | Add +17.5% |
| FELG Fidelity Enh LRG Cap GWTH | 0.19% | 6,989 | $220K | New |
| GOF Guggenheim Strategic Opport | 0.19% | 13,677 | $213K | Add +0.2% |
| GDE Wisdomtree Efficient Gold PL | 0.19% | 5,131 | $211K | New |
| ANGL Vaneck Fallen Angel High YLD | 0.18% | 7,039 | $203K | Reduce -2.6% |
| PH Parker Hannifin Corp. | 0.18% | 332 | $202K | Reduce -9.8% |
| PSCI Invesco S&P Smallcap Industr | 0.18% | 1,692 | $201K | Reduce -7.0% |
| FENY Fidelity MSCI Energy Index | 0.18% | 7,846 | $200K | New |
| PFL PIMCO Income Strategy Fund | 0.17% | 21,885 | $188K | Reduce -12.8% |
| BTZ BlackRock Credit Allocation | 0.12% | 12,400 | $133K | No change |
| XAWFX Alliancebernstein GL Hi Inc. | 0.10% | 10,880 | $117K | Reduce -8.4% |
| JPC Nuveen Prefered & Income Opp | 0.08% | 10,910 | $87K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| ICLO Invesco Aaa Clo F/R Note ETF | Reduce -30.3% | 7.43% | −2.98 |
| NVDA Nvidia Corp. | Reduce -6.8% | 4.87% | −1.41 |
| AVGO Broadcom Inc. | Reduce -4.9% | 2.71% | −1.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -19.9% | 3.33% | −1.07 |
| BRLN Ishare Fltng RT LN Av ETF-Ui | Reduce -17.2% | 4.62% | −0.84 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -33.9% | 1.77% | −0.83 |
| MSFT Microsoft Corp. | Reduce -8.1% | 3.92% | −0.73 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Reduce -41.4% | 0.92% | −0.60 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -23.3% | 0.96% | −0.55 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -10.8% | 2.71% | −0.51 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -46.5% | 0.53% | −0.41 |
| QGRW Wisdomtree US Quality Growth | Reduce -40.3% | 0.49% | −0.41 |
| VCIT Vanguard Int-Term Corporate | Reduce -33.4% | 0.84% | −0.36 |
| AAPL Apple Inc. | Reduce -0.4% | 3.43% | −0.34 |
| STRL Sterling Infrastructure Inc. | Reduce -21.2% | 0.38% | −0.31 |
| IWY iShares Russell Top 200 Grow | Reduce -23.5% | 0.65% | −0.27 |
| MOD Modine Manufacturing Co. | Reduce -20.3% | 0.32% | −0.27 |
| GOOGL Alphabet Inc. Class A | Reduce -2.0% | 1.24% | −0.26 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.22 |
| EPI Wisdomtree India Earnings | Sold out | 0.00% | −0.21 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -24.3% | 0.74% | −0.20 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.18 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -23.3% | 0.55% | −0.18 |
| ACGL Arch Capital Group Ltd. | Reduce -21.8% | 0.84% | −0.16 |
| IVV iShares Core S&P 500 ETF | Reduce -19.4% | 0.55% | −0.14 |
| MPC Marathon Petroleum Corp. | Reduce -34.1% | 0.35% | −0.14 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -1.1% | 1.08% | −0.13 |
| SMIN iShares MSCI India Small-Cap | Reduce -30.1% | 0.23% | −0.13 |
| PSX Phillips 66 | Reduce -34.5% | 0.35% | −0.13 |
| LMT Lockheed Martin Corp. | Reduce -15.8% | 0.43% | −0.11 |
| SMH Vaneck Semiconductor ETF | Reduce -13.5% | 0.33% | −0.09 |
| DLR Digital Realty Trust Inc. | Reduce -5.2% | 0.24% | −0.07 |
| DPG Duff & Phelps Utility & Inc. | Reduce -16.6% | 0.48% | −0.05 |
| PANW Palo Alto Networks Inc. | Reduce -4.8% | 0.43% | −0.04 |
| JQUA JPMorgan US Quality Factor | Reduce -5.1% | 0.96% | −0.04 |
| PSCI Invesco S&P Smallcap Industr | Reduce -7.0% | 0.18% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -14.6% | 0.31% | −0.03 |
| DTM DT Midstream Inc. | Reduce -5.5% | 0.50% | −0.03 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -2.9% | 2.17% | −0.03 |
| PPH Vaneck Pharmaceutical ETF | Reduce -16.6% | 0.25% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -9.8% | 0.18% | −0.02 |
| PFL PIMCO Income Strategy Fund | Reduce -12.8% | 0.17% | −0.01 |
| XAWFX Alliancebernstein GL Hi Inc. | Reduce -8.4% | 0.10% | −0.01 |
| SPGI S&P Global Inc. | Reduce -5.6% | 0.43% | −0.00 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -2.6% | 0.18% | +0.00 |
| PPA Invesco Aerospace & Defense | Reduce -3.6% | 0.41% | +0.00 |
| FLOT iShares Floating Rate Bond E | Reduce -1.5% | 0.30% | +0.01 |
| KLAC KLA Corp. | Reduce -8.0% | 0.31% | +0.01 |
| PCN PIMCO Corporate & Income STR | Reduce -2.5% | 0.33% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| MTUM iShares MSCI USA Momentum Fa | New | 3.74% | +3.74 |
| AMZN Amazon.com Inc. | Add +91.2% | 6.65% | +2.76 |
| FDEV Fidelity Intl Multifact ETF | New | 0.77% | +0.77 |
| HD Home Depot Inc. | Add +118.2% | 1.37% | +0.72 |
| BXSL Blackstone Secured Lending F | Add +70.0% | 1.67% | +0.72 |
| VTI VG Morningstar TS MKT ETF-US | Add +282.4% | 0.85% | +0.63 |
| EWY iShares MSCI South Korea ETF | New | 0.54% | +0.54 |
| EWT iShares MSCI Taiwan ETF | New | 0.53% | +0.53 |
| EPOL iShares MSCI Poland ETF | New | 0.47% | +0.47 |
| EWD iShares MSCI Sweden ETF | New | 0.42% | +0.42 |
| VXUS Vanguard Total Intl Stock | New | 0.39% | +0.39 |
| BND Vanguard Total Bond Market | New | 0.25% | +0.25 |
| IWP iShares Russell Mid-Cap Grow | Add +94.6% | 0.52% | +0.24 |
| FICO Fair Isaac Corp. | New | 0.23% | +0.23 |
| XMMO Invesco S&P Midcap Momentum | Add +13.8% | 2.91% | +0.22 |
| PTY PIMCO Corporate & Income Opp | Add +15.5% | 1.27% | +0.21 |
| LNG Cheniere Energy Inc. | New | 0.21% | +0.21 |
| AJG Arthur J Gallagher & Co. | New | 0.20% | +0.20 |
| MCK McKesson Corp. | New | 0.20% | +0.20 |
| THYF T Rowe Price US High Yield | Add +12.6% | 1.57% | +0.20 |
| FELG Fidelity Enh LRG Cap GWTH | New | 0.19% | +0.19 |
| GDE Wisdomtree Efficient Gold PL | New | 0.19% | +0.19 |
| FBCG Fidelity Blue Chip Grow ETF | Add +107.8% | 0.39% | +0.18 |
| FENY Fidelity MSCI Energy Index | New | 0.18% | +0.18 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +67.2% | 0.47% | +0.17 |
| BKLN Invesco Senior Loan ETF | Add +38.4% | 0.43% | +0.12 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +35.5% | 0.36% | +0.10 |
| CGDV Cap Group Dividend Value | Add +8.6% | 0.72% | +0.08 |
| FLBL Franklin Senior Loan ETF | Add +9.4% | 0.65% | +0.07 |
| META Meta Platforms Inc. Class A | Add +19.0% | 0.36% | +0.06 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +25.2% | 0.33% | +0.06 |
| FHLC Fidelity MSCI Health Care | Add +19.1% | 0.26% | +0.06 |
| BIT BlackRock Multi-Sector Inc. | Add +10.1% | 0.32% | +0.04 |
| FLDR Fidelity Low Durat Fact ETF | Add +3.7% | 0.52% | +0.04 |
| XOM Exxon Mobil Corp. | Add +0.6% | 0.20% | +0.03 |
| NDAQ Nasdaq Inc. | Add +3.1% | 0.26% | +0.01 |
| PFN PIMCO Income Strategy FD II | Add +0.0% | 0.26% | +0.01 |
| GOF Guggenheim Strategic Opport | Add +0.2% | 0.19% | +0.01 |
| HYT BlackRock Corp. Hi YLD | Add +1.7% | 0.26% | +0.01 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +2.1% | 0.69% | −0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.5% | 0.31% | −0.03 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 0.32% | −0.05 |
| VRT Vertiv Holdings Co. Class A | Add +17.5% | 0.20% | −0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 135 | $146.0M | AMZN, NVDA, AVGO, LLY, QQQ |
| Q1 2026 | 117 | $118.4M | AMZN, NVDA, AVGO, QQQ, LLY |
| Q4 2025 | 113 | $120.6M | AMZN, NVDA, AVGO, MSFT, LLY |
| Q3 2025 | 111 | $122.0M | NVDA, AMZN, AVGO, ICLO, MSFT |
| Q2 2025 | 108 | $120.3M | AMZN, NVDA, ICLO, MSFT, AVGO |
| Q1 2025 | 101 | $113.8M | ICLO, AMZN, NVDA, LLY, BRLN |
| Q4 2024 | 90 | $117.3M | ICLO, NVDA, BRLN, MSFT, LLY |