Elmwood Wealth Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), Elmwood Wealth Management, Inc. reported 128 stock positions worth $243.8 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 3.1% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 2.9%) and iShares Treasury Floating Ra (TFLO, 2.9%). Compared with Q4 2024, it opened 4 new positions, sold out of 4, added to 34 and reduced 72. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale Caribou Biosciences (CRBU, shares −77%).

Most Recent 13F
Q2 2026
Location
BERKELEY, CA
CIK
0001731927
Portfolio Value
$243.8M (Q1 2025)
SEC Filing
0001731927-25-000002 ↗ filed Apr 28, 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 Q4 2024 Q1 2025: $243.8M $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 · $243.8M

USFR Wisdomtree Floating Rate Tre 3.12% 151,240 $7.6M Reduce -7.4%
VEA Vanguard Ftse Developed ETF 2.94% 140,894 $7.2M Reduce -0.4%
TFLO iShares Treasury Floating Ra 2.91% 139,822 $7.1M Reduce -12.4%
CALI Ishrs SH-TRM Ca Muni Act ETF 2.87% 138,905 $7.0M Add +11.3%
SUB iShares Short-Term National 2.63% 60,641 $6.4M Add +2.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 2.55% 122,330 $6.2M Add +14.1%
TOTL SS Doubleline TR Tact ETF 2.47% 149,574 $6.0M Reduce -6.7%
JPST JPMorgan Ultra-Short Income 2.29% 110,260 $5.6M Reduce -6.1%
VGSH Vanguard Short-Term Treasury 2.24% 93,022 $5.5M Reduce -7.7%
AAPL Apple Inc. 2.16% 23,680 $5.3M Reduce -1.3%
IDVO Amplify CWP Intl Enh DVD Inc. 2.06% 159,875 $5.0M Add +1.0%
BIL SS SPDR BB 1-3M T-Bill ETF 1.95% 51,742 $4.7M Reduce -19.5%
IEFA iShares Core MSCI Eafe ETF 1.94% 62,407 $4.7M Add +0.2%
SCHX Schwab US Large-Cap ETF 1.60% 176,231 $3.9M Add +7.5%
GPIX GLDM SA S&P 500 PR in ETF-US 1.59% 83,207 $3.9M Add +10.0%
MEAR Ishrs Short Mat Muni Act ETF 1.56% 75,730 $3.8M Add +10.8%
CMF iShares California Muni Bond 1.50% 65,165 $3.7M Reduce -0.0%
VRP Invesco Variable Rate Prefer 1.47% 148,190 $3.6M Reduce -2.8%
JPIB JPMorgan Intl BND ETF 1.43% 72,795 $3.5M Add +9.1%
PAPR Innovator U.S. Equity Power 1.43% 97,530 $3.5M Reduce -2.4%
PJAN Innovator U.S. Equity Power 1.42% 83,723 $3.5M Reduce -4.1%
COST Costco Wholesale Corp. 1.38% 3,545 $3.4M Reduce -3.4%
LOUP Innovator Deepwater Frontier 1.36% 73,225 $3.3M Add +53.4%
PJUL Innovator U.S. Equity Power 1.33% 80,712 $3.2M Reduce -5.5%
AMZN Amazon.com Inc. 1.29% 16,547 $3.1M Reduce -2.3%
VWO Vanguard Ftse Emerging Marke 1.29% 69,393 $3.1M Add +3.5%
VTEB Vanguard Tax-Exempt Bond ETF 1.28% 62,690 $3.1M Reduce -7.1%
AIRR First Trust Rba American Ind 1.27% 45,555 $3.1M Add +91.4%
MA Mastercard Inc. Class A 1.26% 5,610 $3.1M Reduce -3.2%
IEMG iShares Core MSCI Emerging 1.25% 56,623 $3.1M Add +1.6%
MLN Vaneck Long Muni ETF 1.25% 175,709 $3.1M Reduce -4.0%
ELD Wisdomtree Emrg MKTS Debt 1.19% 108,206 $2.9M Reduce -1.4%
GSIE Goldman Sachs Activebeta Int 1.17% 79,774 $2.8M Reduce -0.6%
UNH Unitedhealth Group Inc. 1.17% 5,428 $2.8M Reduce -3.1%
BRK.B Berkshire Hathaway Inc. Class B 1.16% 5,309 $2.8M Reduce -2.9%
SCHC Schwab Intl Small-Cap Equity 1.15% 78,344 $2.8M Add +0.2%
GSLC Goldman Activebeta US LC ETF 1.15% 25,423 $2.8M Add +7.8%
POCT Innovator U.S. Equity Power 1.08% 68,018 $2.6M Reduce -7.0%
BNDX Vanguard Total Intl Bond ETF 1.07% 53,495 $2.6M Add +6.4%
NDIV Amp Egy&nat Re Cov Cal-Usdin 1.06% 89,425 $2.6M Add +0.1%
MSFT Microsoft Corp. 0.99% 6,436 $2.4M Reduce -1.9%
JPM JPMorgan Chase & Co. 0.99% 9,817 $2.4M Reduce -3.4%
EUSA iShares MSCI USA Equal Weigh 0.94% 24,360 $2.3M Add +12.4%
NVDA Nvidia Corp. 0.91% 20,500 $2.2M Add +1.7%
CRM Salesforce Inc. 0.89% 8,077 $2.2M Reduce -1.0%
DFCA Dimensional Calfornia MB ETF 0.84% 41,390 $2.1M Add +135.4%
GOOGL Alphabet Inc. Class A 0.83% 13,139 $2.0M Reduce -1.7%
ABT Abbott Laboratories 0.83% 15,276 $2.0M Reduce -1.7%
SCZ iShares MSCI Eafe Small-Cap 0.83% 31,691 $2.0M Reduce -4.4%
FLOT iShares Floating Rate Bond E 0.76% 36,323 $1.9M Reduce -3.9%
ULST SS Ultra Short TM Bond ETF 0.75% 45,264 $1.8M Add +15.5%
PIO Invesco Global Water ETF 0.74% 45,038 $1.8M Reduce -1.5%
GOOG Alphabet Inc. Class C 0.73% 11,321 $1.8M Add +14.6%
VCIT Vanguard Int-Term Corporate 0.70% 20,886 $1.7M Reduce -8.8%
JAAA Janus Henderson Aaa Clo ETF 0.66% 31,625 $1.6M New
INTU Intuit Inc. 0.63% 2,482 $1.5M Reduce -5.5%
TRV The Travelers Cos Inc. 0.59% 5,463 $1.4M Reduce -5.7%
PEP Pepsico Inc. 0.57% 9,350 $1.4M Reduce -8.2%
MRSH Marsh & McLennan Cos 0.57% 5,722 $1.4M Reduce -6.4%
ARKG ARK Genomic Revolution ETF 0.56% 65,503 $1.4M Add +5.3%
V Visa Inc. Class A 0.55% 3,860 $1.4M Reduce -0.3%
DHR Danaher Corp. 0.54% 6,429 $1.3M Reduce -4.8%
UNP Union Pacific Corp. 0.54% 5,536 $1.3M Reduce -0.3%
MUB iShares National Muni Bond E 0.53% 12,270 $1.3M No change
SCHW Schwab (charles) Corp. 0.53% 16,364 $1.3M Reduce -5.7%
SHM SS SPDR N Ice St Muni ETF 0.51% 26,213 $1.2M Add +29.8%
COR Cencora Inc. 0.51% 4,469 $1.2M Reduce -3.9%
SCHA Schwab US Small-Cap ETF 0.50% 52,374 $1.2M Reduce -0.9%
ROK Rockwell Automation Inc. 0.49% 4,617 $1.2M Reduce -2.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.47% 11,652 $1.2M Reduce -13.4%
PG The Procter & Gamble Co. 0.47% 6,747 $1.1M Reduce -1.7%
ECL Ecolab Inc. 0.45% 4,322 $1.1M Reduce -2.5%
VIG Vanguard Dividend Apprec ETF 0.45% 5,613 $1.1M No change
TLTE NT Emg MKTS Ftilt ETF 0.41% 19,240 $1.0M Reduce -1.5%
MCHP Microchip Technology Inc. 0.41% 20,458 $990K Reduce -0.5%
D Dominion Energy Inc. 0.40% 17,205 $965K Reduce -0.4%
HON Honeywell International Inc. 0.39% 4,528 $959K No change
SCHO Schwab Short-Term US Treas 0.38% 38,000 $925K Reduce -20.9%
JNJ Johnson & Johnson 0.36% 5,342 $886K Reduce -0.3%
MKC McCormick & Co.-Non VTG SHRS 0.36% 10,628 $875K Reduce -5.8%
GEM Goldman Sachs Activebeta Em 0.34% 25,233 $837K Reduce -5.6%
RSP Invesco S&P 500 Equal Weight 0.33% 4,616 $800K Add +0.1%
VTI VG Morningstar TS MKT ETF-US 0.30% 2,636 $725K No change
NKE Nike Inc. Class B 0.27% 10,243 $650K Reduce -1.2%
ETN Eaton Corp. PLC 0.26% 2,355 $640K Add +3.7%
ACN Accenture PLC Class A 0.26% 2,042 $637K Reduce -1.0%
PANW Palo Alto Networks Inc. 0.26% 3,697 $631K Add +34.3%
PWZ Invesco California Amt-Free 0.24% 24,425 $583K New
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 1,019 $570K No change
LLY Eli Lilly & Co. 0.22% 638 $527K Add +3.4%
GSST Goldman Sachs Ultra Short Bo 0.21% 10,368 $524K Reduce -25.1%
PM Philip Morris International 0.21% 3,273 $520K No change
TBIL F/M US Treasury 3 Month Bill 0.21% 10,315 $516K No change
CVX Chevron Corp. 0.21% 3,068 $513K Reduce -10.2%
VXUS Vanguard Total Intl Stock 0.21% 8,105 $503K Reduce -0.6%
BX Blackstone Inc. 0.20% 3,551 $496K Add +30.7%
NTLA Intellia Therapeutics Inc. 0.20% 67,789 $482K Add +0.0%
SBUX Starbucks Corp. 0.20% 4,861 $477K Reduce -2.0%
PULS Pgim Ultra Short Bond ETF 0.19% 9,256 $460K Reduce -13.9%
C Citigroup Inc. 0.19% 6,400 $454K Reduce -1.5%

Show all 128 holdings

Portfolio Sells Q4 2024 → Q1 2025

CRBU Caribou Biosciences Inc. Reduce -76.9% 0.18% −1.12
GXDW Global X Dorsey Wright Thema Sold out 0.00% −0.70
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -19.5% 1.95% −0.43
TFLO iShares Treasury Floating Ra Reduce -12.4% 2.91% −0.34
AAPL Apple Inc. Reduce -1.3% 2.16% −0.27
CRM Salesforce Inc. Reduce -1.0% 0.89% −0.21
AMZN Amazon.com Inc. Reduce -2.3% 1.29% −0.21
USFR Wisdomtree Floating Rate Tre Reduce -7.4% 3.12% −0.19
GOOGL Alphabet Inc. Class A Reduce -1.7% 0.83% −0.19
PLD Prologis Inc. Sold out 0.00% −0.18
DIS The Walt Disney Co. Reduce -13.4% 0.47% −0.13
VGSH Vanguard Short-Term Treasury Reduce -7.7% 2.24% −0.13
MSFT Microsoft Corp. Reduce -1.9% 0.99% −0.12
TSLA Tesla Inc. Sold out 0.00% −0.12
JPST JPMorgan Ultra-Short Income Reduce -6.1% 2.29% −0.10
VTEB Vanguard Tax-Exempt Bond ETF Reduce -7.1% 1.28% −0.09
PJUL Innovator U.S. Equity Power Reduce -5.5% 1.33% −0.09
SCHO Schwab Short-Term US Treas Reduce -20.9% 0.38% −0.09
DHR Danaher Corp. Reduce -4.8% 0.54% −0.09
POCT Innovator U.S. Equity Power Reduce -7.0% 1.08% −0.08
AXP American Express Co. Sold out 0.00% −0.08
TOTL SS Doubleline TR Tact ETF Reduce -6.7% 2.47% −0.08
MCHP Microchip Technology Inc. Reduce -0.5% 0.41% −0.07
MLN Vaneck Long Muni ETF Reduce -4.0% 1.25% −0.07
GSST Goldman Sachs Ultra Short Bo Reduce -25.1% 0.21% −0.07
PJAN Innovator U.S. Equity Power Reduce -4.1% 1.42% −0.06
ROK Rockwell Automation Inc. Reduce -2.1% 0.49% −0.05
PAPR Innovator U.S. Equity Power Reduce -2.4% 1.43% −0.05
PEP Pepsico Inc. Reduce -8.2% 0.57% −0.05
NKE Nike Inc. Class B Reduce -1.2% 0.27% −0.05
SCHA Schwab US Small-Cap ETF Reduce -0.9% 0.50% −0.05
PAUG Innovator U.S. Equity Power Reduce -29.1% 0.11% −0.05
VCIT Vanguard Int-Term Corporate Reduce -8.8% 0.70% −0.04
INTU Intuit Inc. Reduce -5.5% 0.63% −0.04
ACN Accenture PLC Class A Reduce -1.0% 0.26% −0.03
PULS Pgim Ultra Short Bond ETF Reduce -13.9% 0.19% −0.03
PJUN Innovator U.S. Equity Power Reduce -14.5% 0.12% −0.02
FLOT iShares Floating Rate Bond E Reduce -3.9% 0.76% −0.02
VRP Invesco Variable Rate Prefer Reduce -2.8% 1.47% −0.02
KAUG Inv US SML Cap PB ETF - Aug Reduce -8.0% 0.09% −0.01
KOCT Innovator U.S. Small Cap Pow Reduce -7.3% 0.09% −0.01
MRK Merck & Co. Inc. Reduce -0.9% 0.10% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -6.3% 0.14% −0.01
CMF iShares California Muni Bond Reduce -0.0% 1.50% −0.00
GEM Goldman Sachs Activebeta Em Reduce -5.6% 0.34% −0.00
C Citigroup Inc. Reduce -1.5% 0.19% +0.00
JPM JPMorgan Chase & Co. Reduce -3.4% 0.99% +0.00
VEU Vanguard Ftse All-World Ex-U Reduce -1.4% 0.12% +0.01
PG The Procter & Gamble Co. Reduce -1.7% 0.47% +0.01
SCHW Schwab (charles) Corp. Reduce -5.7% 0.53% +0.01

Portfolio Buys Q4 2024 → Q1 2025

JAAA Janus Henderson Aaa Clo ETF New 0.66% +0.66
AIRR First Trust Rba American Ind Add +91.4% 1.27% +0.53
DFCA Dimensional Calfornia MB ETF Add +135.4% 0.84% +0.49
JMST JPM Ultra-Short Muni Income Add +14.1% 2.55% +0.36
CALI Ishrs SH-TRM Ca Muni Act ETF Add +11.3% 2.87% +0.34
LOUP Innovator Deepwater Frontier Add +53.4% 1.36% +0.34
PWZ Invesco California Amt-Free New 0.24% +0.24
MEAR Ishrs Short Mat Muni Act ETF Add +10.8% 1.56% +0.18
IEFA iShares Core MSCI Eafe ETF Add +0.2% 1.94% +0.17
JPIB JPMorgan Intl BND ETF Add +9.1% 1.43% +0.16
IDVO Amplify CWP Intl Enh DVD Inc. Add +1.0% 2.06% +0.16
BALT Inn Defined Wealth Shield New 0.14% +0.14
SHM SS SPDR N Ice St Muni ETF Add +29.8% 0.51% +0.13
ULST SS Ultra Short TM Bond ETF Add +15.5% 0.75% +0.12
EUSA iShares MSCI USA Equal Weigh Add +12.4% 0.94% +0.10
SUB iShares Short-Term National Add +2.0% 2.63% +0.10
VWO Vanguard Ftse Emerging Marke Add +3.5% 1.29% +0.10
RTX RTX Corp. New 0.09% +0.09
GPIX GLDM SA S&P 500 PR in ETF-US Add +10.0% 1.59% +0.08
IEMG iShares Core MSCI Emerging Add +1.6% 1.25% +0.08
BNDX Vanguard Total Intl Bond ETF Add +6.4% 1.07% +0.08
SCHC Schwab Intl Small-Cap Equity Add +0.2% 1.15% +0.07
NDIV Amp Egy&nat Re Cov Cal-Usdin Add +0.1% 1.06% +0.06
SCHX Schwab US Large-Cap ETF Add +7.5% 1.60% +0.06
PANW Palo Alto Networks Inc. Add +34.3% 0.26% +0.06
GSLC Goldman Activebeta US LC ETF Add +7.8% 1.15% +0.05
AMT American Tower Corp. Add +2.5% 0.19% +0.04
LLY Eli Lilly & Co. Add +3.4% 0.22% +0.02
BX Blackstone Inc. Add +30.7% 0.20% +0.01
RSP Invesco S&P 500 Equal Weight Add +0.1% 0.33% +0.00
DLR Digital Realty Trust Inc. Add +17.8% 0.18% −0.01
TSM Taiwan Semiconductor-SP ADR Add +0.1% 0.10% −0.02
GERN Geron Corp. Add +8.0% 0.02% −0.02
ARKG ARK Genomic Revolution ETF Add +5.3% 0.56% −0.03
GOOG Alphabet Inc. Class C Add +14.6% 0.73% −0.03
ETN Eaton Corp. PLC Add +3.7% 0.26% −0.04
NTLA Intellia Therapeutics Inc. Add +0.0% 0.20% −0.12
NVDA Nvidia Corp. Add +1.7% 0.91% −0.18

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