Elm3 Financial Group, LLC
Long book
$118.4M
Q1 2026
Positions
117
Top-10 weight
38%
concentration
Last quarter
+14.9%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsElm3 Financial Group, LLC is a wealth-management firm allocating client money, running a $118.4M US long book across 117 positions.
The portfolio is moderately concentrated (top 10 ≈ 38% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: AMAZON.COM INC, NVIDIA CORP, BROADCOM INC, INVESCO QQQ TRUST SERIES 1, ELI LILLY & CO.
Over the last 6 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 3 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-4.7%
Q1 2025
+12.3%
Q2 2025
+7.0%
Q3 2025
+2.4%
Q4 2025
-3.3%
Q1 2026
+14.9%
Sector allocation
Technology 48%
Consumer discretionary 20%
Industrials 10%
Financials 7%
Healthcare 7%
Utilities 4%
Other 3%
Services media 1%
Long book by quarter
What does Elm3 Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 36.7K | $7.6M | 6.5% | -0.4% |
| NVDA NVIDIA CORP | Technology | 41.3K | $7.2M | 6.1% | -2.8% |
| AVGO BROADCOM INC | Technology | 16.3K | $5.1M | 4.3% | -0.9% |
| LLY ELI LILLY & CO | Healthcare | 4.0K | $3.7M | 3.1% | -1.8% |
| MSFT MICROSOFT CORP | Technology | 10.0K | $3.7M | 3.1% | -1.4% |
| AAPL APPLE INC | Technology | 13.2K | $3.4M | 2.8% | -1.3% |
| GOOGL ALPHABET INC-CL A | Technology | 8.2K | $2.3M | 2.0% | -0.9% |
| HWM HOWMET AEROSPACE INC | Industrials | 7.7K | $1.8M | 1.5% | -2.6% |
| WRB WR BERKLEY CORP | Financials | 23.3K | $1.5M | 1.3% | -3.9% |
| HD HOME DEPOT INC | Consumer discretionary | 4.3K | $1.4M | 1.2% | -25.0% |
| STRL STERLING INFRASTRUCTURE INC | Industrials | 2.6K | $1.1M | 0.9% | -2.7% |
| PGR PROGRESSIVE CORP | Financials | 4.1K | $812K | 0.7% | -4.0% |
| KLAC KLA CORP | Other | 540 | $795K | 0.7% | -0.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 714 | $712K | 0.6% | Held |
| BXSL BLACKSTONE SECURED LENDING F | — | 29.8K | $707K | 0.6% | -16.1% |
| TDG TRANSDIGM GROUP INC | Industrials | 587 | $680K | 0.6% | -1.2% |
| DTM DT MIDSTREAM INC | Utilities | 4.8K | $643K | 0.5% | +0.2% |
| GOOG ALPHABET INC-CL C | Technology | 2.0K | $570K | 0.5% | -1.4% |
| VRT VERTIV HOLDINGS CO-A | Technology | 2.3K | $567K | 0.5% | -2.6% |
| JPM JPMORGAN CHASE & CO | Financials | 1.8K | $533K | 0.5% | +0.5% |
| META META PLATFORMS INC-CLASS A | Technology | 925 | $529K | 0.4% | -0.2% |
| MOD MODINE MANUFACTURING CO | Industrials | 2.2K | $482K | 0.4% | -5.4% |
| ACGL ARCH CAPITAL GROUP LTD | Financials | 4.8K | $456K | 0.4% | -6.3% |
| ATO ATMOS ENERGY CORP | Utilities | 2.4K | $448K | 0.4% | +7.3% |
| PANW PALO ALTO NETWORKS INC | Technology | 2.8K | $444K | 0.4% | -10.4% |
| NDAQ NASDAQ INC | Financials | 5.1K | $431K | 0.4% | -1.7% |
| CEG CONSTELLATION ENERGY | Utilities | 1.5K | $409K | 0.3% | +4.5% |
| ANET ARISTA NETWORKS INC | Technology | 2.7K | $329K | 0.3% | -2.5% |
| PH PARKER HANNIFIN CORP | Industrials | 358 | $320K | 0.3% | +19.3% |
| SPGI S&P GLOBAL INC | Services media | 720 | $306K | 0.3% | -1.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 500 | $302K | 0.3% | -0.8% |
| EME EMCOR GROUP INC | Industrials | 398 | $294K | 0.2% | New |
| LNG CHENIERE ENERGY INC | Utilities | 1.0K | $293K | 0.2% | Held |
| MCK MCKESSON CORP | Consumer discretionary | 326 | $282K | 0.2% | -4.7% |
| MPC MARATHON PETROLEUM CORP | Energy | 1.1K | $274K | 0.2% | New |
| AZO AUTOZONE INC | Consumer discretionary | 74 | $250K | 0.2% | -2.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 13, 2026 | 117 | $118.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 113 | $120.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 111 | $122.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 23, 2025 | 108 | $120.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 101 | $113.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 27, 2025 | 90 | $117.3M | canonical | SEC ↗ |