# EDGAR Filing Document

**Accession Number:** 0001731927
**File Stem:** 0001731927-23-000001
**Filing Date:** 2023-1
**Character Count:** 15505
**Document Hash:** 3dce77c5f403c4f945b18516bf2cd09d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001731927-23-000001.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001731927-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elmwood Wealth Management, Inc.
- **CENTRAL INDEX KEY:** 0001731927
- **IRS NUMBER:** 460994457
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18747
- **FILM NUMBER:** 23553423

**BUSINESS ADDRESS:**
- **STREET 1:** 2027 FOURTH STREET, SUITE 203
- **CITY:** BERKELEY
- **STATE:** CA
- **ZIP:** 94710
- **BUSINESS PHONE:** 510-858-2722

**MAIL ADDRESS:**
- **STREET 1:** 2027 FOURTH STREET, SUITE 203
- **CITY:** BERKELEY
- **STATE:** CA
- **ZIP:** 94710

### 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:** Elmwood Wealth Management Inc.<br>**Address:** 2027 FOURTH STREET SUITE 203<br>BERKELEY, CA 94710

**Form 13F File Number:** 028-18747

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:** Juliana Moravy<br>**Title:** Compliance Officer<br>**Phone:** 510-900-5791

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

Juliana Moravy  Oakland, CA  01-25-2023<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:** 118

**Form 13F Information Table Value Total:** $200315474

      (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 |
| AMAZON COM INC | COM | 023135106 |  | 1829940 | 21785 | SH |  | SOLE |  | 21785 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 672172 | 4410 | SH |  | SOLE |  | 4410 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4501732 | 34647 | SH |  | SOLE |  | 34647 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1921976 | 6222 | SH |  | SOLE |  | 6222 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 959525 | 13336 | SH |  | SOLE |  | 13336 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 296218 | 894 | SH |  | SOLE |  | 894 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 1406084 | 15088 | SH |  | SOLE |  | 15088 | 0 | 0 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 |  | 14847427 | 2364240 | SH |  | SOLE |  | 2364240 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 610585 | 3402 | SH |  | SOLE |  | 3402 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 364102 | 8050 | SH |  | SOLE |  | 8050 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 2280489 | 8592 | SH |  | SOLE |  | 8592 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1200942 | 13823 | SH |  | SOLE |  | 13823 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 722851 | 4966 | SH |  | SOLE |  | 4966 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | LOW DURTIN ETF | 316188408 |  | 284708 | 5754 | SH |  | SOLE |  | 5754 | 0 | 0 |
| GERON CORP | COM | 374163103 |  | 47069 | 19450 | SH |  | SOLE |  | 19450 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 1513627 | 52593 | SH |  | SOLE |  | 52453 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA EME | 381430206 |  | 638107 | 22540 | SH |  | SOLE |  | 22390 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACES ULTRA SHR | 381430230 |  | 927917 | 18725 | SH |  | SOLE |  | 18175 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 417954 | 5490 | SH |  | SOLE |  | 5490 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1005281 | 4691 | SH |  | SOLE |  | 4691 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1165325 | 2994 | SH |  | SOLE |  | 2994 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 688998 | 19919 | SH |  | SOLE |  | 19919 | 0 | 0 |
| ISHARES INC | MSCI PAC JP ETF | 464286665 |  | 3222986 | 75321 | SH |  | SOLE |  | 75196 | 0 | 0 |
| ISHARES INC | MSCI EQUAL WEITE | 464286681 |  | 1164852 | 15970 | SH |  | SOLE |  | 15935 | 0 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 3920343 | 37598 | SH |  | SOLE |  | 37598 | 0 | 0 |
| ISHARES TR | EMGR MKT INF ETF | 464288216 |  | 885155 | 42576 | SH |  | SOLE |  | 42576 | 0 | 0 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 2724957 | 137277 | SH |  | SOLE |  | 137147 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 1081084 | 19141 | SH |  | SOLE |  | 19095 | 0 | 0 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 1441448 | 31445 | SH |  | SOLE |  | 31420 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1649411 | 9337 | SH |  | SOLE |  | 9337 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 1087700 | 6573 | SH |  | SOLE |  | 6573 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1086065 | 13102 | SH |  | SOLE |  | 13102 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1777390 | 7411 | SH |  | SOLE |  | 7411 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 1667103 | 23731 | SH |  | SOLE |  | 23731 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1451158 | 12402 | SH |  | SOLE |  | 12402 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 263669 | 1070 | SH |  | SOLE |  | 1070 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 2639566 | 14611 | SH |  | SOLE |  | 14611 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1016521 | 19838 | SH |  | SOLE |  | 19838 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 334941 | 3309 | SH |  | SOLE |  | 3309 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1234647 | 8146 | SH |  | SOLE |  | 8146 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 1431059 | 5556 | SH |  | SOLE |  | 5556 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1058407 | 12712 | SH |  | SOLE |  | 12712 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 2146959 | 47552 | SH |  | SOLE |  | 47492 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 298539 | 4550 | SH |  | SOLE |  | 4550 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 1506751 | 37195 | SH |  | SOLE |  | 37155 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 1425878 | 29558 | SH |  | SOLE |  | 29558 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 |  | 1648120 | 52371 | SH |  | SOLE |  | 52371 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 335098 | 4693 | SH |  | SOLE |  | 4693 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 1071995 | 10806 | SH |  | SOLE |  | 10806 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1241592 | 5996 | SH |  | SOLE |  | 5996 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 2905940 | 19137 | SH |  | SOLE |  | 19137 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 1498147 | 19901 | SH |  | SOLE |  | 19901 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 4771437 | 113687 | SH |  | SOLE |  | 113687 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 272616 | 5437 | SH |  | SOLE |  | 5327 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1315177 | 33740 | SH |  | SOLE |  | 33620 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 287851 | 1568 | SH |  | SOLE |  | 1568 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 537631 | 2812 | SH |  | SOLE |  | 2812 | 0 | 0 |
| AMERISOURCEBERGEN CORP | COM | 03076K108 |  | 1029888 | 6215 | SH |  | SOLE |  | 6215 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1151001 | 6139 | SH |  | SOLE |  | 6139 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 2019367 | 18393 | SH |  | SOLE |  | 18393 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 353158 | 2185 | SH |  | SOLE |  | 2185 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1107350 | 12480 | SH |  | SOLE |  | 12480 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1613727 | 18290 | SH |  | SOLE |  | 18290 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 210107 | 4597 | SH |  | SOLE |  | 4597 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1023919 | 4833 | SH |  | SOLE |  | 4833 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2534941 | 5553 | SH |  | SOLE |  | 5553 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 541701 | 8834 | SH |  | SOLE |  | 8834 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 325551 | 3161 | SH |  | SOLE |  | 3161 | 0 | 0 |
| EDITAS MEDICINE INC | COM | 28106W103 |  | 124162 | 13998 | SH |  | SOLE |  | 13998 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 310384 | 2814 | SH |  | SOLE |  | 2814 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | GBL WND ENRG ETF | 33736G106 |  | 882835 | 50972 | SH |  | SOLE |  | 50872 | 0 | 0 |
| FLEXSHARES TR | MSTAR EMKT FAC | 33939L308 |  | 1056190 | 22578 | SH |  | SOLE |  | 22578 | 0 | 0 |
| GLOBAL X FDS | RATE PREFERRED | 37954Y376 |  | 530662 | 23585 | SH |  | SOLE |  | 23585 | 0 | 0 |
| GLOBAL X FDS | GENOMIC BIOTECH | 37954Y434 |  | 771713 | 61005 | SH |  | SOLE |  | 60920 | 0 | 0 |
| GLOBAL X FDS | RENEWABLE ENERGY | 37954Y707 |  | 1373522 | 104689 | SH |  | SOLE |  | 104489 | 0 | 0 |
| GLOBAL X FDS | LITHIUM BTRY ETF | 37954Y855 |  | 849318 | 14491 | SH |  | SOLE |  | 14491 | 0 | 0 |
| INNOVATOR ETFS TR | US EQT ULTRA BF | 45782C300 |  | 341665 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| INNOVATOR ETFS TR | EMRGNG MKT APRIL | 45782C359 |  | 220847 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| INNOVATOR ETFS TR | INTRNL DEV APRL | 45782C367 |  | 207898 | 8700 | SH |  | SOLE |  | 8700 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C508 |  | 1996316 | 63355 | SH |  | SOLE |  | 63355 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C748 |  | 267556 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C797 |  | 2608452 | 86746 | SH |  | SOLE |  | 86571 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C813 |  | 2690503 | 89119 | SH |  | SOLE |  | 89019 | 0 | 0 |
| INNOVATOR ETFS TR | US EQT PWR BUF | 45782C870 |  | 2621719 | 93396 | SH |  | SOLE |  | 93296 | 0 | 0 |
| INTELLIA THERAPEUTICS INC | COM | 45826J105 |  | 2368996 | 67899 | SH |  | SOLE |  | 67899 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 864026 | 6117 | SH |  | SOLE |  | 6117 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | GLOBAL WATER | 46138E651 |  | 1327727 | 40665 | SH |  | SOLE |  | 40635 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 1114348 | 54279 | SH |  | SOLE |  | 54279 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 46138G870 |  | 806040 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| ISHARES U S ETF TR | BLACKROCK SHORT | 46431W838 |  | 2368412 | 47635 | SH |  | SOLE |  | 47635 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 2303248 | 39794 | SH |  | SOLE |  | 39794 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1326980 | 28415 | SH |  | SOLE |  | 28415 | 0 | 0 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 12315415 | 244305 | SH |  | SOLE |  | 243652 | 0 | 0 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 200160 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1694358 | 12635 | SH |  | SOLE |  | 12635 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 4675549 | 92521 | SH |  | SOLE |  | 92021 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 9774193 | 194977 | SH |  | SOLE |  | 194977 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2286672 | 6576 | SH |  | SOLE |  | 6576 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 297198 | 2679 | SH |  | SOLE |  | 2679 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 774972 | 9270 | SH |  | SOLE |  | 9270 | 0 | 0 |
| NEXTERA ENERGY PARTNERS LP | COM UNIT PART IN | 65341B106 |  | 1393389 | 19880 | SH |  | SOLE |  | 19880 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 817115 | 9007 | SH |  | SOLE |  | 9007 | 0 | 0 |
| PGIM ETF TR | PGIM ULTRA SH BD | 69344A107 |  | 3353874 | 68307 | SH |  | SOLE |  | 68307 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 718823 | 10093 | SH |  | SOLE |  | 10093 | 0 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 3124147 | 31669 | SH |  | SOLE |  | 31669 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 426638 | 1116 | SH |  | SOLE |  | 1116 | 0 | 0 |
| SPDR SER TR | BLOOMBERG SHORT | 78464A334 |  | 3077236 | 113719 | SH |  | SOLE |  | 113190 | 0 | 0 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 2358294 | 57660 | SH |  | SOLE |  | 57460 | 0 | 0 |
| SSGA ACTIVE ETF TR | ULT SHT TRM BD | 78467V707 |  | 2530131 | 63277 | SH |  | SOLE |  | 62712 | 0 | 0 |
| SPDR SER TR | BLOOMBERG 1-3 MO | 78468R663 |  | 4492549 | 49115 | SH |  | SOLE |  | 49115 | 0 | 0 |
| SSGA ACTIVE TR | SPDR DBLELN SHRT | 78470P200 |  | 3677307 | 79794 | SH |  | SOLE |  | 79294 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1096917 | 8273 | SH |  | SOLE |  | 8273 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3467907 | 6541 | SH |  | SOLE |  | 6541 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 2697419 | 46652 | SH |  | SOLE |  | 46277 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 827924 | 3985 | SH |  | SOLE |  | 3985 | 0 | 0 |
| WISDOMTREE TR | EM LCL DEBT FD | 97717X867 |  | 1420138 | 54987 | SH |  | SOLE |  | 54810 | 0 | 0 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 276485 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| XENON PHARMACEUTICALS INC | COM | 98420N105 |  | 591213 | 14994 | SH |  | SOLE |  | 14994 | 0 | 0 |

---