# EDGAR Filing Document

**Accession Number:** 0001743941
**File Stem:** 0001951757-23-000072
**Filing Date:** 2023-1
**Character Count:** 7504
**Document Hash:** 1608c7341c885690a1149623d7912607
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000072.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001951757-23-000072

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elm Partners Management LLC
- **CENTRAL INDEX KEY:** 0001743941
- **IRS NUMBER:** 301071383
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18958
- **FILM NUMBER:** 23556036

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 LUDLOW STREET
- **STREET 2:** SUITE 700
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19107
- **BUSINESS PHONE:** (800) 459-7591

**MAIL ADDRESS:**
- **STREET 1:** 1100 LUDLOW STREET
- **STREET 2:** SUITE 700
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19107

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Elm Partners Management LLC<br>**Address:** 1100 LUDLOW STREET<br>SUITE 700<br>PHILADELPHIA, PA 19107

**Form 13F File Number:** 028-18958

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** JAMES WHITE<br>**Title:** CHIEF EXECUTIVE OFFICER AND CHIEF COMPLIANCE OFFICER<br>**Phone:** (800) 459-7591

**Signature, Place, and Date of Signing:**

JAMES WHITE  PHILADELPHIA, PA  01-26-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 35

**Form 13F Information Table Value Total:** $864364921

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| iShares Core U.S. Aggregate Bond ETF | ETF | 464287226 |  | 283114 | 2919 | SH |  | SOLE |  | 0 | 0 | 2919 |
| JPMorgan BetaBuilders Canada ETF | ETF | 46641Q225 |  | 12540875 | 218902 | SH |  | SOLE |  | 0 | 0 | 218902 |
| SPDR Bloomberg 1-3 Month T-Bill ETF | ETF | 78468R663 |  | 229509335 | 2509121 | SH |  | SOLE |  | 0 | 0 | 2509121 |
| Vanguard Total Bond Market ETF | ETF | 921937835 |  | 15809838 | 220070 | SH |  | SOLE |  | 0 | 0 | 220070 |
| iShares MSCI Canada ETF | ETF | 464286509 |  | 6000087 | 183321 | SH |  | SOLE |  | 0 | 0 | 183321 |
| iShares iBoxx High Yield Corporate Bond ETF | ETF | 464288513 |  | 978625 | 13291 | SH |  | SOLE |  | 0 | 0 | 13291 |
| Xtrackers USD High Yield Corporate Bond ETF | ETF | 233051432 |  | 11088844 | 328948 | SH |  | SOLE |  | 0 | 0 | 328948 |
| iShares Gold Trust | ETF | 464285204 |  | 6446192 | 186360 | SH |  | SOLE |  | 0 | 0 | 186360 |
| iShares Core MSCI Emerging Markets ETF | ETF | 46434G103 |  | 69074650 | 1479115 | SH |  | SOLE |  | 0 | 0 | 1479115 |
| iShares Core MSCI Europe ETF | ETF | 46434V738 |  | 31155229 | 655900 | SH |  | SOLE |  | 0 | 0 | 655900 |
| iShares Core S Small-Cap ETF | ETF | 464287804 |  | 2026523 | 21413 | SH |  | SOLE |  | 0 | 0 | 21413 |
| iShares Core MSCI Pacific ETF | ETF | 46434V696 |  | 27488808 | 512182 | SH |  | SOLE |  | 0 | 0 | 512182 |
| iShares Core S Total US Stock Market ETF | ETF | 464287150 |  | 41430624 | 488569 | SH |  | SOLE |  | 0 | 0 | 488569 |
| iShares Core S U.S. Value ETF | ETF | 464287663 |  | 2134875 | 30226 | SH |  | SOLE |  | 0 | 0 | 30226 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 10639596 | 27692 | SH |  | SOLE |  | 0 | 0 | 27692 |
| iShares Russell 1000 Value ETF | ETF | 464287598 |  | 309518 | 2041 | SH |  | SOLE |  | 0 | 0 | 2041 |
| iShares National Muni Bond ETF | ETF | 464288414 |  | 13149282 | 124614 | SH |  | SOLE |  | 0 | 0 | 124614 |
| Schwab US Broad Market ETF | ETF | 808524102 |  | 596376 | 13309 | SH |  | SOLE |  | 0 | 0 | 13309 |
| Schwab International Small-Cap Equity ETF | ETF | 808524888 |  | 1959857 | 62277 | SH |  | SOLE |  | 0 | 0 | 62277 |
| Schwab U.S. REIT ETF | ETF | 808524847 |  | 833521 | 43210 | SH |  | SOLE |  | 0 | 0 | 43210 |
| Schwab US TIPS ETF | ETF | 808524870 |  | 7493658 | 144693 | SH |  | SOLE |  | 0 | 0 | 144693 |
| iShares MSCI EAFE Small-Cap ETF | ETF | 464288273 |  | 3699271 | 65497 | SH |  | SOLE |  | 0 | 0 | 65497 |
| iShares TIPS Bond ETF | ETF | 464287176 |  | 643430 | 6045 | SH |  | SOLE |  | 0 | 0 | 6045 |
| Vanguard Small-Cap ETF | ETF | 922908751 |  | 9246401 | 50378 | SH |  | SOLE |  | 0 | 0 | 50378 |
| Vanguard FTSE Europe ETF | ETF | 922042874 |  | 58702577 | 1058849 | SH |  | SOLE |  | 0 | 0 | 1058849 |
| Vanguard Short-Term Treasury ETF | ETF | 92206C102 |  | 100534797 | 1738755 | SH |  | SOLE |  | 0 | 0 | 1738755 |
| Vanguard FTSE All-World ex-US ETF | ETF | 922042775 |  | 2803443 | 55912 | SH |  | SOLE |  | 0 | 0 | 55912 |
| Vanguard Real Estate ETF | ETF | 922908553 |  | 3376093 | 40932 | SH |  | SOLE |  | 0 | 0 | 40932 |
| Vanguard Global ex-U.S. Real Estate ETF | ETF | 922042676 |  | 10339598 | 250111 | SH |  | SOLE |  | 0 | 0 | 250111 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 10384489 | 29557 | SH |  | SOLE |  | 0 | 0 | 29557 |
| Vanguard FTSE Pacific ETF | ETF | 922042866 |  | 35261698 | 547967 | SH |  | SOLE |  | 0 | 0 | 547967 |
| Vanguard Total Stock Market ETF | ETF | 922908769 |  | 60870501 | 318377 | SH |  | SOLE |  | 0 | 0 | 318377 |
| Vanguard Value ETF | ETF | 922908744 |  | 6907498 | 49209 | SH |  | SOLE |  | 0 | 0 | 49209 |
| Vanguard FTSE Emerging Markets ETF | ETF | 922042858 |  | 69812177 | 1790974 | SH |  | SOLE |  | 0 | 0 | 1790974 |
| Schwab U.S. REIT ETF | ETF | 808524847 |  | 833521 | 43210 | SH |  | SOLE |  | 0 | 0 | 43210 |

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