Elmwood Wealth Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Elmwood Wealth Management, Inc. reported 171 stock positions worth $316.6 million. Its top holding was Apple (AAPL) at 3.0% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 3.0%) and iShares Treasury Floating Ra (TFLO, 2.7%). Compared with Q3 2025, it opened 37 new positions, sold out of 6, added to 74 and reduced 46. The biggest buy was a new position in Innov Eq DD 15 Buf ETF - Nov (DDFN) and the biggest sale iShares Treasury Floating Ra (TFLO, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001731927
- Portfolio Value
- $316.6M (Q4 2025)
- SEC Filing
- 0001731927-26-000001 ↗ filed Jan 8, 2026
Holdings Value
Holdings 171 stocks · $316.6M
| AAPL Apple Inc. | 2.97% | 34,638 | $9.4M | Add +33.8% |
| VEA Vanguard Ftse Developed ETF | 2.97% | 150,662 | $9.4M | Add +1.7% |
| TFLO iShares Treasury Floating Ra | 2.72% | 170,699 | $8.6M | Reduce -20.7% |
| CALI Ishrs SH-TRM Ca Muni Act ETF | 2.62% | 164,258 | $8.3M | Add +6.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 2.48% | 154,332 | $7.9M | Add +6.0% |
| JPST JPMorgan Ultra-Short Income | 2.30% | 143,812 | $7.3M | Add +1.8% |
| LOUP Innovator Deepwater Frontier | 2.21% | 91,581 | $7.0M | Add +1.3% |
| NVDA Nvidia Corp. | 2.16% | 36,590 | $6.8M | Add +28.0% |
| SUB iShares Short-Term National | 2.12% | 62,958 | $6.7M | Add +2.5% |
| IDVO Amplify CWP Intl Enh DVD Inc. | 2.05% | 169,383 | $6.5M | Add +1.0% |
| TOTL SS Doubleline TR Tact ETF | 2.00% | 157,623 | $6.3M | Add +2.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.99% | 70,468 | $6.3M | Add +3.4% |
| AIRR First Trust Rba American Ind | 1.81% | 58,203 | $5.7M | Add +2.1% |
| GOOG Alphabet Inc. Class C | 1.71% | 17,287 | $5.4M | Add +52.4% |
| VGSH Vanguard Short-Term Treasury | 1.64% | 88,198 | $5.2M | Reduce -0.4% |
| PAPR Innovator U.S. Equity Power | 1.55% | 125,048 | $4.9M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 1.52% | 15,335 | $4.8M | Add +0.6% |
| USFR Wisdomtree Floating Rate Tre | 1.49% | 93,613 | $4.7M | Reduce -27.8% |
| SCHX Schwab US Large-Cap ETF | 1.48% | 174,493 | $4.7M | Reduce -1.7% |
| MEAR Ishrs Short Mat Muni Act ETF | 1.42% | 89,290 | $4.5M | Add +9.7% |
| AMZN Amazon.com Inc. | 1.40% | 19,146 | $4.4M | Add +4.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.34% | 8,462 | $4.3M | Add +49.9% |
| DFCA Dimensional Calfornia MB ETF | 1.30% | 82,164 | $4.1M | Add +30.8% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 1.30% | 77,923 | $4.1M | Reduce -0.9% |
| IEMG iShares Core MSCI Emerging | 1.29% | 60,849 | $4.1M | Add +7.5% |
| PJAN Innovator U.S. Equity Power | 1.28% | 86,345 | $4.1M | Add +0.1% |
| MSFT Microsoft Corp. | 1.26% | 8,259 | $4.0M | Add +0.4% |
| CMF iShares California Muni Bond | 1.23% | 68,040 | $3.9M | Add +3.7% |
| JPIB JPMorgan Intl BND ETF | 1.23% | 79,812 | $3.9M | Add +3.7% |
| SCHC Schwab Intl Small-Cap Equity | 1.20% | 83,249 | $3.8M | Add +1.6% |
| VIG Vanguard Dividend Apprec ETF | 1.13% | 16,274 | $3.6M | Add +195.2% |
| ELD Wisdomtree Emrg MKTS Debt | 1.11% | 120,838 | $3.5M | Add +7.0% |
| FLOT iShares Floating Rate Bond E | 1.09% | 67,709 | $3.4M | Add +13.0% |
| GSIE Goldman Sachs Activebeta Int | 1.06% | 78,162 | $3.4M | Reduce -0.9% |
| VRP Invesco Variable Rate Prefer | 1.06% | 137,705 | $3.4M | Reduce -1.2% |
| GSLC Goldman Activebeta US LC ETF | 1.06% | 25,304 | $3.3M | Reduce -3.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.04% | 65,380 | $3.3M | Add +2.6% |
| MA Mastercard Inc. Class A | 1.03% | 5,718 | $3.3M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.02% | 10,029 | $3.2M | Add +0.4% |
| POCT Innovator U.S. Equity Power | 0.99% | 71,554 | $3.1M | Add +4.6% |
| PWZ Invesco California Amt-Free | 0.98% | 128,675 | $3.1M | Add +3.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.97% | 63,870 | $3.1M | Add +6.9% |
| COST Costco Wholesale Corp. | 0.91% | 3,355 | $2.9M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.91% | 4,211 | $2.9M | Add +304.9% |
| DDFN Innov Eq DD 15 Buf ETF - Nov | 0.89% | 147,395 | $2.8M | New |
| PJUL Innovator U.S. Equity Power | 0.87% | 59,413 | $2.8M | Add +0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.84% | 49,483 | $2.7M | Add +9.3% |
| EUSA iShares MSCI USA Equal Weigh | 0.78% | 23,811 | $2.5M | Reduce -1.6% |
| SCZ iShares MSCI Eafe Small-Cap | 0.76% | 31,037 | $2.4M | Reduce -0.1% |
| CRM Salesforce Inc. | 0.64% | 7,589 | $2.0M | Reduce -6.4% |
| ULST SS Ultra Short TM Bond ETF | 0.63% | 49,215 | $2.0M | Reduce -1.9% |
| ABT Abbott Laboratories | 0.63% | 15,868 | $2.0M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.59% | 5,662 | $1.9M | Add +1.0% |
| SHM SS SPDR N Ice St Muni ETF | 0.58% | 38,509 | $1.8M | Add +12.2% |
| ROK Rockwell Automation Inc. | 0.56% | 4,575 | $1.8M | Add +0.1% |
| INTU Intuit Inc. | 0.52% | 2,476 | $1.6M | Reduce -1.2% |
| SCHW Schwab (charles) Corp. | 0.52% | 16,364 | $1.6M | No change |
| TRV The Travelers Cos Inc. | 0.50% | 5,408 | $1.6M | Reduce -0.4% |
| COR Cencora Inc. | 0.46% | 4,314 | $1.5M | Reduce -0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 12,613 | $1.4M | Add +10.9% |
| V Visa Inc. Class A | 0.45% | 4,060 | $1.4M | Add +6.8% |
| SCHA Schwab US Small-Cap ETF | 0.45% | 49,962 | $1.4M | Reduce -0.2% |
| DHR Danaher Corp. | 0.45% | 6,205 | $1.4M | Reduce -1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.45% | 15,510 | $1.4M | Reduce -36.1% |
| PEP Pepsico Inc. | 0.42% | 9,271 | $1.3M | Add +0.2% |
| ACWI iShares MSCI Acwi ETF | 0.42% | 9,306 | $1.3M | New |
| MUB iShares National Muni Bond E | 0.41% | 12,215 | $1.3M | No change |
| MCHP Microchip Technology Inc. | 0.41% | 20,511 | $1.3M | Add +1.3% |
| UNP Union Pacific Corp. | 0.41% | 5,560 | $1.3M | Reduce -1.1% |
| EOCT Innovator Emer MKT PWR Buff | 0.39% | 38,829 | $1.2M | New |
| JNJ Johnson & Johnson | 0.38% | 5,782 | $1.2M | Add +2.0% |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 6,245 | $1.2M | Add +35.3% |
| PG The Procter & Gamble Co. | 0.38% | 8,337 | $1.2M | Add +17.3% |
| XLI SS Industrial Select Sector | 0.37% | 7,617 | $1.2M | New |
| DFIV Dimensional International Va | 0.37% | 23,442 | $1.2M | New |
| ECL Ecolab Inc. | 0.35% | 4,265 | $1.1M | Reduce -1.4% |
| CSM Proshares Large Cap Core Plu | 0.35% | 13,881 | $1.1M | New |
| MRSH Marsh & McLennan Cos | 0.34% | 5,867 | $1.1M | Add +2.5% |
| RSPT Invesco S&P 500 Equal Weight | 0.34% | 23,391 | $1.1M | New |
| XLK SS Technology Select Sector | 0.33% | 7,271 | $1.0M | New |
| GEM Goldman Sachs Activebeta Em | 0.33% | 25,050 | $1.0M | Reduce -0.7% |
| D Dominion Energy Inc. | 0.32% | 17,439 | $1.0M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.32% | 36,548 | $1.0M | New |
| TSLA Tesla Inc. | 0.30% | 2,143 | $964K | No change |
| IWD iShares Russell 1000 Value E | 0.30% | 4,507 | $948K | New |
| SCHO Schwab Short-Term US Treas | 0.29% | 38,000 | $926K | No change |
| HON Honeywell International Inc. | 0.29% | 4,639 | $905K | Add +5.0% |
| XLF SS Financial Select Sector | 0.29% | 16,507 | $904K | New |
| LLY Eli Lilly & Co. | 0.28% | 816 | $877K | Add +5.8% |
| PIO Invesco Global Water ETF | 0.27% | 19,613 | $866K | Reduce -31.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 2,563 | $859K | Add +5.1% |
| MLN Vaneck Long Muni ETF | 0.27% | 48,335 | $847K | Add +9.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 2,661 | $809K | Add +0.0% |
| C Citigroup Inc. | 0.25% | 6,845 | $799K | Add +1.3% |
| ETN Eaton Corp. PLC | 0.24% | 2,406 | $766K | Add +0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 3,973 | $759K | New |
| NDIV Amp Egy&nat Re Cov Cal-Usdin | 0.23% | 26,914 | $726K | Reduce -58.0% |
| PANW Palo Alto Networks Inc. | 0.23% | 3,867 | $712K | Reduce -1.6% |
| NTLA Intellia Therapeutics Inc. | 0.22% | 77,924 | $701K | Reduce -0.2% |
| MKC McCormick & Co.-Non VTG SHRS | 0.22% | 10,229 | $697K | Reduce -0.9% |
Portfolio Sells Q3 2025 → Q4 2025
| TFLO iShares Treasury Floating Ra | Reduce -20.7% | 2.72% | −1.14 |
| USFR Wisdomtree Floating Rate Tre | Reduce -27.8% | 1.49% | −0.82 |
| DDFL Invtr Eq D Di 15 B ETF - Jul | Sold out | 0.00% | −0.64 |
| NDIV Amp Egy&nat Re Cov Cal-Usdin | Reduce -58.0% | 0.23% | −0.42 |
| EJUL Innovator Emerging Markets P | Sold out | 0.00% | −0.38 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -36.1% | 0.45% | −0.34 |
| NTLA Intellia Therapeutics Inc. | Reduce -0.2% | 0.22% | −0.26 |
| VGSH Vanguard Short-Term Treasury | Reduce -0.4% | 1.64% | −0.21 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.91% | −0.20 |
| PIO Invesco Global Water ETF | Reduce -31.2% | 0.27% | −0.18 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.7% | 1.48% | −0.17 |
| PAPR Innovator U.S. Equity Power | Reduce -0.9% | 1.55% | −0.17 |
| DDFS Innovato Equ Du Di 15 Bu ETF | Sold out | 0.00% | −0.17 |
| VRP Invesco Variable Rate Prefer | Reduce -1.2% | 1.06% | −0.16 |
| GPIX GLDM SA S&P 500 PR in ETF-US | Reduce -0.9% | 1.30% | −0.15 |
| GSLC Goldman Activebeta US LC ETF | Reduce -3.6% | 1.06% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -0.1% | 1.03% | −0.12 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.12 |
| EUSA iShares MSCI USA Equal Weigh | Reduce -1.6% | 0.78% | −0.11 |
| ULST SS Ultra Short TM Bond ETF | Reduce -1.9% | 0.63% | −0.09 |
| GSIE Goldman Sachs Activebeta Int | Reduce -0.9% | 1.06% | −0.09 |
| INTU Intuit Inc. | Reduce -1.2% | 0.52% | −0.09 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -0.1% | 0.76% | −0.08 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.08 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.07 |
| ECL Ecolab Inc. | Reduce -1.4% | 0.35% | −0.07 |
| UNP Union Pacific Corp. | Reduce -1.1% | 0.41% | −0.06 |
| BALT Inn Defined Wealth Shield | Reduce -40.2% | 0.07% | −0.06 |
| PANW Palo Alto Networks Inc. | Reduce -1.6% | 0.23% | −0.06 |
| NKE Nike Inc. Class B | Reduce -0.9% | 0.21% | −0.05 |
| CRM Salesforce Inc. | Reduce -6.4% | 0.64% | −0.05 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.2% | 0.45% | −0.05 |
| TRV The Travelers Cos Inc. | Reduce -0.4% | 0.50% | −0.04 |
| CVX Chevron Corp. | Reduce -7.3% | 0.17% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.2% | 0.19% | −0.04 |
| GEM Goldman Sachs Activebeta Em | Reduce -0.7% | 0.33% | −0.03 |
| MO Altria Group Inc. | Reduce -5.6% | 0.08% | −0.03 |
| SO The Southern Co. | Reduce -4.3% | 0.11% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -0.7% | 0.11% | −0.03 |
| PM Philip Morris International | Reduce -1.9% | 0.18% | −0.03 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -5.3% | 0.14% | −0.03 |
| DUK Duke Energy Corp. | Reduce -6.5% | 0.10% | −0.03 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.9% | 0.22% | −0.02 |
| PULS Pgim Ultra Short Bond ETF | Reduce -3.3% | 0.14% | −0.02 |
| COR Cencora Inc. | Reduce -0.9% | 0.46% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.3% | 0.11% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -3.4% | 0.10% | −0.01 |
| MCD McDonald's Corp. | Reduce -2.9% | 0.06% | −0.01 |
| WIT Wipro Ltd.-ADR | Reduce -20.0% | 0.02% | −0.01 |
| XENE Xenon Pharmaceuticals Inc. | Reduce -1.4% | 0.15% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| DDFN Innov Eq DD 15 Buf ETF - Nov | New | 0.89% | +0.89 |
| GOOG Alphabet Inc. Class C | Add +52.4% | 1.71% | +0.73 |
| VIG Vanguard Dividend Apprec ETF | Add +195.2% | 1.13% | +0.71 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +304.9% | 0.91% | +0.66 |
| AAPL Apple Inc. | Add +33.8% | 2.97% | +0.64 |
| ACWI iShares MSCI Acwi ETF | New | 0.42% | +0.42 |
| EOCT Innovator Emer MKT PWR Buff | New | 0.39% | +0.39 |
| XLI SS Industrial Select Sector | New | 0.37% | +0.37 |
| DFIV Dimensional International Va | New | 0.37% | +0.37 |
| CSM Proshares Large Cap Core Plu | New | 0.35% | +0.35 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +49.9% | 1.34% | +0.34 |
| RSPT Invesco S&P 500 Equal Weight | New | 0.34% | +0.34 |
| XLK SS Technology Select Sector | New | 0.33% | +0.33 |
| SCHD Schwab US DVD Equity ETF | New | 0.32% | +0.32 |
| IWD iShares Russell 1000 Value E | New | 0.30% | +0.30 |
| XLF SS Financial Select Sector | New | 0.29% | +0.29 |
| NVDA Nvidia Corp. | Add +28.0% | 2.16% | +0.27 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.24% | +0.24 |
| TDIV FT Nasdaq Tech DVD Index FD | New | 0.21% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 1.52% | +0.20 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.20% | +0.20 |
| DFCA Dimensional Calfornia MB ETF | Add +30.8% | 1.30% | +0.19 |
| XLV SS Health Care Select Sector | New | 0.19% | +0.19 |
| VGK Vanguard Ftse Europe ETF | New | 0.18% | +0.18 |
| VT Vanguard Tot World STK ETF | New | 0.17% | +0.17 |
| VOO Vanguard S&P 500 ETF | New | 0.13% | +0.13 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.13% | +0.13 |
| PRF Invesco Rafi US 1000 ETF | New | 0.13% | +0.13 |
| RSPH Invesco S&P 500 Equal Weight | New | 0.12% | +0.12 |
| OUSA Alps Oshares US Quality Divi | New | 0.12% | +0.12 |
| TMO Thermo Fisher Scientific Inc. | New | 0.10% | +0.10 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.09% | +0.09 |
| VYM Vanguard High DVD Yield ETF | New | 0.09% | +0.09 |
| IWM iShares Russell 2000 ETF | New | 0.09% | +0.09 |
| FCOM Fidelity MSCI Comm Serv Indx | New | 0.09% | +0.09 |
| BAC Bank of America Corp. | New | 0.09% | +0.09 |
| DSI iShares ESG MSCI KLD 400 ETF | New | 0.08% | +0.08 |
| BMY Bristol-Myers Squibb Co. | New | 0.08% | +0.08 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | New | 0.07% | +0.07 |
| LLY Eli Lilly & Co. | Add +5.8% | 0.28% | +0.07 |
| XLE SS Energy Select Sector | New | 0.07% | +0.07 |
| RSP Invesco S&P 500 Equal Weight | Add +35.3% | 0.38% | +0.07 |
| XLY SS Consumer Disc Select Sect | New | 0.07% | +0.07 |
| VOX Vanguard Communication Servi | New | 0.07% | +0.07 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.06% | +0.06 |
| DDTN Invtr Eq DD 10 Buf ETF Nov | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | Add +31.8% | 0.14% | +0.04 |
| KOCT Innovator U.S. Small Cap Pow | Add +38.5% | 0.09% | +0.02 |
| C Citigroup Inc. | Add +1.3% | 0.25% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 200 | $399.8M | CALI, LOUP, VEA, TFLO, AAPL |
| Q1 2026 | 178 | $361.6M | TFLO, CALI, VEA, JPST, AAPL |
| Q4 2025 | 171 | $316.6M | AAPL, VEA, TFLO, CALI, JMST |
| Q3 2025 | 140 | $282.3M | TFLO, VEA, CALI, JMST, JPST |
| Q2 2025 | 129 | $252.3M | TFLO, VEA, CALI, JMST, SUB |
| Q1 2025 | 128 | $243.8M | USFR, VEA, TFLO, CALI, SUB |
| Q4 2024 | 128 | $247.8M | USFR, TFLO, VEA, TOTL, SUB |
| Q3 2024 | 126 | $242.5M | TFLO, VEA, TOTL, VGSH, JPST |
| Q2 2024 | 123 | $224.6M | VGSH, TOTL, JPST, VEA, TFLO |
| Q1 2024 | 122 | $233.7M | CRBU, VGSH, JPST, TOTL, TFLO |