Who Owns Elm Market Navigator ETF (ELM)?Hedge Fund & Institutional Holders
Institutional Holders
8
as of Q4 2025
Total Institutional Value
$1.225330003341001e+26T
% of Float Held
—
QoQ Change in Holders
+6 / -1
Price History
ELM — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| Elm Partners Management LLC | New Position | +4.5M | +$122.5B |
| Tanager Wealth Management LLP | New Position | +123K | +$3.3B |
| FIRST NATIONAL BANK SIOUX FALLS | New Position | +32K | +$878.0M |
| JANE STREET GROUP, LLC | New Position | +62K | +$1.0M |
| Hegarty Advisors, LLC | New Position | +13K | +$347K |
| Avion Wealth | New Position | +2K | +$62K |
ELM — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| CITADEL ADVISORS LLC | Decreased | -4K | -$399.4M |
| UBS Group AG | Closed Position | -111 | -$3.0M |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | Elm Partners Management LLC | 4,496,630 | $122.5B | 5.56% | Share |
| 2 | Tanager Wealth Management LLP | 122,620 | $3.3B | 0.33% | Share |
| 3 | FIRST NATIONAL BANK SIOUX FALLS | 32,235 | $878.0M | 0.26% | Share |
| 4 | HighTower Advisors, LLC | 145,335 | $3.0M | 0.00% | Share |
| 5 | JANE STREET GROUP, LLC | 61,998 | $1.0M | 0.00% | Share |
| 6 | Hegarty Advisors, LLC | 12,735 | $347K | 0.30% | Share |
| 7 | Avion Wealth | 2,289 | $62K | 0.01% | Share |
| 8 | CITADEL ADVISORS LLC | 10,758 | $0 | 0.00% | Share |
ELM Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 8 | $126.8B | +5 |
| Q3 2025 | 3 | $4.4B | -1 |
| Q2 2025 | 4 | $183.5B | +0 |
| Q1 2025 | 4 | $269.9B | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 8 institutional investors hold ELM (Elm Market Navigator ETF). The largest holder is Elm Partners Management LLC with $122.5B in shares. This quarter, 6 institutions opened new positions and 1 closed their positions.
Frequently Asked Questions
How many hedge funds own ELM?
As of Q4 2025, 8 institutional investors report holding ELM (Elm Market Navigator ETF) in their 13F filings.
Who is the largest institutional holder of ELM?
The largest institutional holder of ELM is Elm Partners Management LLC with $122.5B in shares.
Is institutional ownership of ELM increasing or decreasing?
This quarter, 6 institutions opened new positions in ELM and 1 closed their positions.