Institutional Manager · CIK 0001731927

Elmwood Wealth Management, Inc.

BERKELEY, CA · File #028-18747

Latest AUM

$316.6M

Positions

174

Top-10 Concentration

33.5%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	INNOVATOR ETFS TRUST	INHD	+147,395	+$2.8M	$0
ADD	VANGUARD SPECIALIZED FUNDS	921908844	+10,761	+$2.4M	+$22,037
REDUCE	ISHARES TR	46434V860	-44,680	-$2.3M	-$27,999
ADD	SPDR S&P 500 ETF TR	SPY	+3,171	+$2.2M	+$16,391
ADD	ALPHABET INC	GOOG	+5,942	+$1.9M	+$796,998
EXITED	INNOVATOR ETFS TRUST	45784N536	-89,857	-$1.8M	$0
REDUCE	WISDOMTREE TR	WT	-35,985	-$1.8M	+$6,481
ADD	BERKSHIRE HATHAWAY INC DEL	BRK-A	+2,816	+$1.4M	-$567
NEW	ISHARES TR	464288257	+9,306	+$1.3M	$0
NEW	INNOVATOR ETFS TRUST	INHD	+38,829	+$1.2M	$0

Sector Allocation

11.1%$35.0M

9.1%$28.8M

8.2%$26.0M

2.6%$8.4M

Consumer Discretionary

2.1%$6.7M

Industrials

1.4%$4.6M

Consumer Staples

0.5%$1.6M

Utilities

0.4%$1.4M

Communication Services

0.2%$580,701

Energy

0.2%$538,984

Filing History

Jan 8, 202613F HOLDINGS REPORTQ/E Dec 2025174 pos · $316.6M
Nov 6, 202513F HOLDINGS REPORTQ/E Sep 2025143 pos · $282.3M
Jul 28, 202513F HOLDINGS REPORTQ/E Jun 2025132 pos · $252.3M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 2025129 pos · $243.8M
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024129 pos · $247.8M
Oct 11, 202413F HOLDINGS REPORTQ/E Sep 2024128 pos · $242.5M
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 2024123 pos · $224.6M
May 13, 202413F HOLDINGS REPORTQ/E Mar 2024123 pos · $233.7M
Nov 15, 202313F HOLDINGS REPORTQ/E Dec 2023117 pos · $207.3M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD TAX-MANAGED FDS	921943858	150,662	$9.4M	4.07%
2	APPLE INC	AAPL	33,841	$9.2M	3.98%
3	ISHARES TR	46434V860	170,699	$8.6M	3.73%
4	BLACKROCK ETF TRUST II	BLK	164,258	$8.3M	3.59%
5	J P MORGAN EXCHANGE TRADED F	46641Q654	154,332	$7.9M	3.40%
6	J P MORGAN EXCHANGE TRADED F	46641Q837	143,812	$7.3M	3.15%
7	INNOVATOR ETFS TRUST	INHD	91,581	$7.0M	3.03%
8	ISHARES TR	464288158	62,958	$6.7M	2.91%
9	NVIDIA CORPORATION	NVDA	35,206	$6.6M	2.84%
10	AMPLIFY ETF TR	032108722	169,383	$6.5M	2.81%
11	SSGA ACTIVE ETF TR	78467V848	157,623	$6.3M	2.75%
12	ISHARES TR	46432F842	70,468	$6.3M	2.73%
13	FIRST TR EXCHANGE TRADED FD	33738R704	58,203	$5.7M	2.48%
14	ALPHABET INC	GOOG	17,287	$5.4M	2.35%
15	VANGUARD SCOTTSDALE FDS	92206C102	88,198	$5.2M	2.24%
16	INNOVATOR ETFS TRUST	INHD	125,048	$4.9M	2.12%
17	ALPHABET INC	GOOG	15,335	$4.8M	2.08%
18	WISDOMTREE TR	WT	93,613	$4.7M	2.04%
19	SCHWAB STRATEGIC TR	808524201	174,493	$4.7M	2.03%
20	ISHARES U S ETF TR	46431W838	89,290	$4.5M	1.94%