Elmwood Wealth Management, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), Elmwood Wealth Management, Inc. reported 128 stock positions worth $247.8 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 3.3% of the portfolio, followed by iShares Treasury Floating Ra (TFLO, 3.3%) and Vanguard Ftse Developed ETF (VEA, 2.7%). Compared with Q3 2024, it opened 9 new positions, sold out of 7, added to 52 and reduced 45. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +132%) and the biggest sale an exit from State Street SPDR Bloomberg (BWZ).

Most Recent 13F
Q2 2026
Location
BERKELEY, CA
CIK
0001731927
Portfolio Value
$247.8M (Q4 2024)
SEC Filing
0001731927-25-000001 ↗ filed Jan 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $233.7M Q1 2024 Q2 2024: $224.6M Q2 2024 Q3 2024: $242.5M Q3 2024 Q4 2024: $247.8M $247.8M Q4 2024 Q1 2025: $243.8M Q1 2025 Q2 2025: $252.3M Q2 2025 Q3 2025: $282.3M Q3 2025 Q4 2025: $316.6M Q4 2025 Q1 2026: $361.6M Q1 2026 Q2 2026: $399.8M Q2 2026

Holdings 128 stocks · $247.8M
USFR Wisdomtree Floating Rate Tre 3.32% 163,350 $8.2M Add +131.8%
TFLO iShares Treasury Floating Ra 3.25% 159,604 $8.1M Reduce -2.2%
VEA Vanguard Ftse Developed ETF 2.73% 141,468 $6.8M Reduce -0.7%
TOTL SS Doubleline TR Tact ETF 2.55% 160,374 $6.3M Reduce -0.2%
SUB iShares Short-Term National 2.53% 59,429 $6.3M Add +6.5%
CALI Ishrs SH-TRM Ca Muni Act ETF 2.53% 124,817 $6.3M Add +6.4%
AAPL Apple Inc. 2.42% 23,982 $6.0M Add +2.1%
JPST JPMorgan Ultra-Short Income 2.39% 117,408 $5.9M Reduce -2.7%
BIL SS SPDR BB 1-3M T-Bill ETF 2.37% 64,300 $5.9M Add +138.3%
VGSH Vanguard Short-Term Treasury 2.37% 100,749 $5.9M Reduce -6.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 2.19% 107,219 $5.4M Add +10.8%
IDVO Amplify CWP Intl Enh DVD Inc. 1.91% 158,224 $4.7M Add +3.5%
IEFA iShares Core MSCI Eafe ETF 1.77% 62,308 $4.4M Reduce -4.4%
SCHX Schwab US Large-Cap ETF 1.53% 163,876 $3.8M Reduce -1.5%
GPIX GLDM SA S&P 500 PR in ETF-US 1.51% 75,673 $3.7M Add +1.8%
CMF iShares California Muni Bond 1.51% 65,190 $3.7M Add +1.6%
AMZN Amazon.com Inc. 1.50% 16,931 $3.7M Reduce -0.1%
VRP Invesco Variable Rate Prefer 1.49% 152,510 $3.7M Add +2.1%
PJAN Innovator U.S. Equity Power 1.49% 87,308 $3.7M Reduce -2.0%
PAPR Innovator U.S. Equity Power 1.48% 99,964 $3.7M Reduce -1.1%
PJUL Innovator U.S. Equity Power 1.42% 85,397 $3.5M Add +0.6%
MEAR Ishrs Short Mat Muni Act ETF 1.38% 68,325 $3.4M Add +15.0%
VTEB Vanguard Tax-Exempt Bond ETF 1.37% 67,491 $3.4M Add +8.9%
COST Costco Wholesale Corp. 1.36% 3,668 $3.4M Reduce -1.5%
MLN Vaneck Long Muni ETF 1.32% 183,123 $3.3M Reduce -0.7%
CRBU Caribou Biosciences Inc. 1.30% 2,025,740 $3.2M Reduce -6.9%
JPIB JPMorgan Intl BND ETF 1.27% 66,723 $3.2M New
MA Mastercard Inc. Class A 1.23% 5,795 $3.1M Reduce -0.3%
VWO Vanguard Ftse Emerging Marke 1.19% 67,028 $3.0M Add +12.6%
IEMG iShares Core MSCI Emerging 1.17% 55,737 $2.9M Add +11.2%
POCT Innovator U.S. Equity Power 1.17% 73,148 $2.9M Add +0.4%
UNH Unitedhealth Group Inc. 1.14% 5,603 $2.8M Reduce -2.1%
ELD Wisdomtree Emrg MKTS Debt 1.12% 109,748 $2.8M Add +5.5%
MSFT Microsoft Corp. 1.12% 6,560 $2.8M Add +3.5%
CRM Salesforce Inc. 1.10% 8,162 $2.7M Add +23.2%
GSLC Goldman Activebeta US LC ETF 1.10% 23,581 $2.7M Add +3.5%
NVDA Nvidia Corp. 1.09% 20,153 $2.7M Add +0.8%
SCHC Schwab Intl Small-Cap Equity 1.08% 78,197 $2.7M Add +5.1%
GSIE Goldman Sachs Activebeta Int 1.08% 80,279 $2.7M Reduce -4.0%
LOUP Innovator Deepwater Frontier 1.03% 47,726 $2.5M Add +12.9%
GOOGL Alphabet Inc. Class A 1.02% 13,364 $2.5M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.00% 5,469 $2.5M Add +1.5%
NDIV Amp Egy&nat Re Cov Cal-Usdin 1.00% 89,381 $2.5M Add +3.3%
BNDX Vanguard Total Intl Bond ETF 0.99% 50,260 $2.5M Reduce -3.4%
JPM JPMorgan Chase & Co. 0.98% 10,164 $2.4M Add +0.1%
EUSA iShares MSCI USA Equal Weigh 0.83% 21,666 $2.1M Add +6.7%
SCZ iShares MSCI Eafe Small-Cap 0.81% 33,141 $2.0M Reduce -1.4%
FLOT iShares Floating Rate Bond E 0.78% 37,793 $1.9M New
GOOG Alphabet Inc. Class C 0.76% 9,882 $1.9M Add +3.0%
VCIT Vanguard Int-Term Corporate 0.74% 22,909 $1.8M Reduce -3.8%
AIRR First Trust Rba American Ind 0.74% 23,805 $1.8M New
PIO Invesco Global Water ETF 0.72% 45,738 $1.8M Reduce -0.5%
ABT Abbott Laboratories 0.71% 15,541 $1.8M Reduce -2.3%
GXDW Global X Dorsey Wright Thema 0.70% 73,507 $1.7M Add +0.7%
INTU Intuit Inc. 0.67% 2,625 $1.6M No change
ULST SS Ultra Short TM Bond ETF 0.64% 39,187 $1.6M Reduce -8.1%
DHR Danaher Corp. 0.63% 6,755 $1.6M Reduce -0.7%
PEP Pepsico Inc. 0.63% 10,189 $1.5M Reduce -0.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.60% 13,460 $1.5M Add +2.3%
ARKG ARK Genomic Revolution ETF 0.59% 62,191 $1.5M Add +7.7%
TRV The Travelers Cos Inc. 0.56% 5,792 $1.4M Add +0.2%
SCHA Schwab US Small-Cap ETF 0.55% 52,849 $1.4M Reduce -6.6%
ROK Rockwell Automation Inc. 0.54% 4,717 $1.3M No change
MUB iShares National Muni Bond E 0.53% 12,270 $1.3M No change
MRSH Marsh & McLennan Cos 0.52% 6,116 $1.3M Add +0.1%
SCHW Schwab (charles) Corp. 0.52% 17,346 $1.3M Add +16.1%
UNP Union Pacific Corp. 0.51% 5,550 $1.3M Add +1.4%
V Visa Inc. Class A 0.49% 3,871 $1.2M Reduce -2.3%
MCHP Microchip Technology Inc. 0.48% 20,558 $1.2M Add +1.5%
SCHO Schwab Short-Term US Treas 0.47% 48,038 $1.2M No change
PG The Procter & Gamble Co. 0.46% 6,866 $1.2M Reduce -3.0%
VIG Vanguard Dividend Apprec ETF 0.44% 5,613 $1.1M No change
COR Cencora Inc. 0.42% 4,649 $1.0M No change
ECL Ecolab Inc. 0.42% 4,432 $1.0M No change
HON Honeywell International Inc. 0.41% 4,528 $1.0M No change
TLTE NT Emg MKTS Ftilt ETF 0.40% 19,540 $996K Reduce -5.9%
SHM SS SPDR N Ice St Muni ETF 0.39% 20,193 $957K Add +49.3%
D Dominion Energy Inc. 0.38% 17,279 $931K Reduce -4.3%
DFCA Dimensional Calfornia MB ETF 0.35% 17,580 $880K New
MKC McCormick & Co.-Non VTG SHRS 0.35% 11,278 $860K Reduce -1.5%
GEM Goldman Sachs Activebeta Em 0.34% 26,733 $853K Add +3.9%
RSP Invesco S&P 500 Equal Weight 0.33% 4,610 $808K Reduce -12.2%
NTLA Intellia Therapeutics Inc. 0.32% 67,774 $790K No change
NKE Nike Inc. Class B 0.32% 10,368 $785K Reduce -1.8%
JNJ Johnson & Johnson 0.31% 5,360 $775K Add +0.5%
VTI VG Morningstar TS MKT ETF-US 0.31% 2,636 $764K Reduce -7.3%
ETN Eaton Corp. PLC 0.30% 2,270 $753K Add +0.2%
ACN Accenture PLC Class A 0.29% 2,062 $725K Add +0.7%
GSST Goldman Sachs Ultra Short Bo 0.28% 13,843 $695K Reduce -14.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.24% 1,019 $597K Reduce -25.5%
PULS Pgim Ultra Short Bond ETF 0.21% 10,756 $533K Add +10.1%
TBIL F/M US Treasury 3 Month Bill 0.21% 10,315 $514K No change
PANW Palo Alto Networks Inc. 0.20% 2,752 $501K Add +1.9%
CVX Chevron Corp. 0.20% 3,418 $495K Add +0.3%
VXUS Vanguard Total Intl Stock 0.19% 8,156 $481K Reduce -0.9%
LLY Eli Lilly & Co. 0.19% 617 $476K Add +5.5%
BX Blackstone Inc. 0.19% 2,716 $468K New
DLR Digital Realty Trust Inc. 0.19% 2,597 $461K Add +0.6%
C Citigroup Inc. 0.18% 6,500 $458K No change
PLD Prologis Inc. 0.18% 4,318 $456K New
SBUX Starbucks Corp. 0.18% 4,961 $453K Reduce -2.5%
XENE Xenon Pharmaceuticals Inc. 0.17% 11,007 $431K Add +44.7%
PAUG Innovator U.S. Equity Power 0.16% 10,300 $397K No change
PM Philip Morris International 0.16% 3,273 $394K No change
VB Vanguard Most SM-Cap ETF-Usd 0.15% 1,572 $378K Reduce -6.7%
ABBV Abbvie Inc. 0.15% 2,106 $374K Reduce -3.6%
AMT American Tower Corp. 0.15% 2,037 $374K No change
BSV Vanguard Short-Term Bond ETF 0.15% 4,725 $365K Reduce -67.9%
PJUN Innovator U.S. Equity Power 0.14% 9,300 $349K No change
SO The Southern Co. 0.13% 4,000 $329K No change
SCHM Schwab US Mid Cap ETF 0.13% 11,479 $318K No change
URI United Rentals Inc. 0.13% 446 $314K No change
DUK Duke Energy Corp. 0.12% 2,711 $292K No change
TSLA Tesla Inc. 0.12% 713 $288K Reduce -15.9%
VEU Vanguard Ftse All-World Ex-U 0.11% 4,892 $281K Add +0.0%
TSM Taiwan Semiconductor-SP ADR 0.11% 1,405 $277K Add +3.7%
PFE Pfizer Inc. 0.11% 10,326 $274K Reduce -0.5%
USXF iShares ESG Advance MSCI USA 0.11% 5,322 $265K No change
MRK Merck & Co. Inc. 0.11% 2,656 $264K Add +0.3%
NVS Novartis AG-Sponsored ADR 0.11% 2,702 $263K Add +1.6%
KAUG Inv US SML Cap PB ETF - Aug 0.10% 10,000 $251K New
NSC Norfolk Southern Corp. 0.10% 1,070 $251K No change
KOCT Innovator U.S. Small Cap Pow 0.10% 8,200 $251K Add +17.1%
CI The Cigna Group 0.10% 894 $247K Reduce -5.1%
BND Vanguard Total Bond Market 0.10% 3,336 $240K Reduce -1.4%
MO Altria Group Inc. 0.10% 4,550 $238K No change
AXP American Express Co. 0.08% 675 $200K New
GERN Geron Corp. 0.04% 26,200 $93K New

Portfolio Sells Q3 2024 → Q4 2024
BWZ State Street SPDR Bloomberg Sold out 0.00% −1.37
ICLN iShares Global Clean Energy Sold out 0.00% −1.27
TLTW iShares 20+ Bond Buywrite Sold out 0.00% −0.70
CRBU Caribou Biosciences Inc. Reduce -6.9% 1.30% −0.46
VEA Vanguard Ftse Developed ETF Reduce -0.7% 2.73% −0.37
BSV Vanguard Short-Term Bond ETF Reduce -67.9% 0.15% −0.33
IEFA iShares Core MSCI Eafe ETF Reduce -4.4% 1.77% −0.33
VGSH Vanguard Short-Term Treasury Reduce -6.6% 2.37% −0.26
UNH Unitedhealth Group Inc. Reduce -2.1% 1.14% −0.24
UBER Uber Technologies Inc. Sold out 0.00% −0.23
TOTL SS Doubleline TR Tact ETF Reduce -0.2% 2.55% −0.19
CVS CVS Health Corp. Sold out 0.00% −0.19
GSIE Goldman Sachs Activebeta Int Reduce -4.0% 1.08% −0.17
DHR Danaher Corp. Reduce -0.7% 0.63% −0.15
TFLO iShares Treasury Floating Ra Reduce -2.2% 3.25% −0.15
JPST JPMorgan Ultra-Short Income Reduce -2.7% 2.39% −0.14
SCZ iShares MSCI Eafe Small-Cap Reduce -1.4% 0.81% −0.13
PIO Invesco Global Water ETF Reduce -0.5% 0.72% −0.10
PEP Pepsico Inc. Reduce -0.0% 0.63% −0.09
TLTE NT Emg MKTS Ftilt ETF Reduce -5.9% 0.40% −0.09
RTX RTX Corp. Sold out 0.00% −0.09
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.09
BNDX Vanguard Total Intl Bond ETF Reduce -3.4% 0.99% −0.08
SPY SS SPDR S&P 500 ETF Trust-US Reduce -25.5% 0.24% −0.08
VCIT Vanguard Int-Term Corporate Reduce -3.8% 0.74% −0.08
ULST SS Ultra Short TM Bond ETF Reduce -8.1% 0.64% −0.08
MLN Vaneck Long Muni ETF Reduce -0.7% 1.32% −0.07
NKE Nike Inc. Class B Reduce -1.8% 0.32% −0.07
RSP Invesco S&P 500 Equal Weight Reduce -12.2% 0.33% −0.06
GSST Goldman Sachs Ultra Short Bo Reduce -14.1% 0.28% −0.06
D Dominion Energy Inc. Reduce -4.3% 0.38% −0.05
SCHA Schwab US Small-Cap ETF Reduce -6.6% 0.55% −0.05
MKC McCormick & Co.-Non VTG SHRS Reduce -1.5% 0.35% −0.04
PG The Procter & Gamble Co. Reduce -3.0% 0.46% −0.04
ABT Abbott Laboratories Reduce -2.3% 0.71% −0.04
CI The Cigna Group Reduce -5.1% 0.10% −0.03
PJAN Innovator U.S. Equity Power Reduce -2.0% 1.49% −0.03
ABBV Abbvie Inc. Reduce -3.6% 0.15% −0.03
VXUS Vanguard Total Intl Stock Reduce -0.9% 0.19% −0.03
VTI VG Morningstar TS MKT ETF-US Reduce -7.3% 0.31% −0.02
SBUX Starbucks Corp. Reduce -2.5% 0.18% −0.02
SCHX Schwab US Large-Cap ETF Reduce -1.5% 1.53% −0.02
PAPR Innovator U.S. Equity Power Reduce -1.1% 1.48% −0.02
PFE Pfizer Inc. Reduce -0.5% 0.11% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -6.7% 0.15% −0.01
BND Vanguard Total Bond Market Reduce -1.4% 0.10% −0.01
COST Costco Wholesale Corp. Reduce -1.5% 1.36% −0.01
TSLA Tesla Inc. Reduce -15.9% 0.12% +0.02
V Visa Inc. Class A Reduce -2.3% 0.49% +0.04
MA Mastercard Inc. Class A Reduce -0.3% 1.23% +0.05

Portfolio Buys Q3 2024 → Q4 2024
USFR Wisdomtree Floating Rate Tre Add +131.8% 3.32% +1.86
BIL SS SPDR BB 1-3M T-Bill ETF Add +138.3% 2.37% +1.35
JPIB JPMorgan Intl BND ETF New 1.27% +1.27
FLOT iShares Floating Rate Bond E New 0.78% +0.78
AIRR First Trust Rba American Ind New 0.74% +0.74
DFCA Dimensional Calfornia MB ETF New 0.35% +0.35
CRM Salesforce Inc. Add +23.2% 1.10% +0.35
LOUP Innovator Deepwater Frontier Add +12.9% 1.03% +0.20
BX Blackstone Inc. New 0.19% +0.19
PLD Prologis Inc. New 0.18% +0.18
AAPL Apple Inc. Add +2.1% 2.42% +0.17
JMST JPM Ultra-Short Muni Income Add +10.8% 2.19% +0.16
MEAR Ishrs Short Mat Muni Act ETF Add +15.0% 1.38% +0.14
SCHW Schwab (charles) Corp. Add +16.1% 0.52% +0.12
SHM SS SPDR N Ice St Muni ETF Add +49.3% 0.39% +0.12
KAUG Inv US SML Cap PB ETF - Aug New 0.10% +0.10
JPM JPMorgan Chase & Co. Add +0.1% 0.98% +0.10
GOOG Alphabet Inc. Class C Add +3.0% 0.76% +0.10
NVDA Nvidia Corp. Add +0.8% 1.09% +0.09
SUB iShares Short-Term National Add +6.5% 2.53% +0.09
DIS The Walt Disney Co. Add +2.3% 0.60% +0.08
CALI Ishrs SH-TRM Ca Muni Act ETF Add +6.4% 2.53% +0.08
AXP American Express Co. New 0.08% +0.08
VTEB Vanguard Tax-Exempt Bond ETF Add +8.9% 1.37% +0.06
XENE Xenon Pharmaceuticals Inc. Add +44.7% 0.17% +0.05
GERN Geron Corp. New 0.04% +0.04
GSLC Goldman Activebeta US LC ETF Add +3.5% 1.10% +0.03
EUSA iShares MSCI USA Equal Weigh Add +6.7% 0.83% +0.03
VWO Vanguard Ftse Emerging Marke Add +12.6% 1.19% +0.02
TSM Taiwan Semiconductor-SP ADR Add +3.7% 0.11% +0.01
PULS Pgim Ultra Short Bond ETF Add +10.1% 0.21% +0.01
DLR Digital Realty Trust Inc. Add +0.6% 0.19% +0.01
KOCT Innovator U.S. Small Cap Pow Add +17.1% 0.10% +0.01
PANW Palo Alto Networks Inc. Add +1.9% 0.20% +0.01
GPIX GLDM SA S&P 500 PR in ETF-US Add +1.8% 1.51% +0.01
TRV The Travelers Cos Inc. Add +0.2% 0.56% +0.00
PJUL Innovator U.S. Equity Power Add +0.6% 1.42% +0.00
POCT Innovator U.S. Equity Power Add +0.4% 1.17% −0.00
ETN Eaton Corp. PLC Add +0.2% 0.30% −0.01
ACN Accenture PLC Class A Add +0.7% 0.29% −0.01
CVX Chevron Corp. Add +0.3% 0.20% −0.01
MSFT Microsoft Corp. Add +3.5% 1.12% −0.01
IEMG iShares Core MSCI Emerging Add +11.2% 1.17% −0.01
VEU Vanguard Ftse All-World Ex-U Add +0.0% 0.11% −0.01
VRP Invesco Variable Rate Prefer Add +2.1% 1.49% −0.02
MRK Merck & Co. Inc. Add +0.3% 0.11% −0.02
ARKG ARK Genomic Revolution ETF Add +7.7% 0.59% −0.02
NVS Novartis AG-Sponsored ADR Add +1.6% 0.11% −0.02
NDIV Amp Egy&nat Re Cov Cal-Usdin Add +3.3% 1.00% −0.02
LLY Eli Lilly & Co. Add +5.5% 0.19% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 200$399.8MCALI, LOUP, VEA, TFLO, AAPL
Q1 2026 178$361.6MTFLO, CALI, VEA, JPST, AAPL
Q4 2025 171$316.6MAAPL, VEA, TFLO, CALI, JMST
Q3 2025 140$282.3MTFLO, VEA, CALI, JMST, JPST
Q2 2025 129$252.3MTFLO, VEA, CALI, JMST, SUB
Q1 2025 128$243.8MUSFR, VEA, TFLO, CALI, SUB
Q4 2024 128$247.8MUSFR, TFLO, VEA, TOTL, SUB
Q3 2024 126$242.5MTFLO, VEA, TOTL, VGSH, JPST
Q2 2024 123$224.6MVGSH, TOTL, JPST, VEA, TFLO
Q1 2024 122$233.7MCRBU, VGSH, JPST, TOTL, TFLO