Elm Partners Management’s State Street SPDR Bloomberg 1-3 Month T-Bill ETF BIL Stock Holding History

Elm Partners Management’s Portfolio BIL Stock Details BIL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$432K	Sell	4,709 -1,974	-30%	-$181K	0.02%	104
2025 Q4	$611K	Sell	6,683 -309	-4%	-$28.3K	0.03%	89
2025 Q3	$641K	Sell	6,992 -2,168	-24%	-$199K	0.03%	86
2025 Q2	$840K	Sell	9,160 -17,722	-66%	-$1.62M	0.05%	62
2025 Q1	$2.47M	Sell	26,882 -905	-3%	-$82.9K	0.16%	31
2024 Q4	$2.54M	Sell	27,787 -4,492	-14%	-$411K	0.17%	32
2024 Q3	$2.96M	Buy	32,279 +2,010	+7%	+$184K	0.21%	28
2024 Q2	$2.78M	Sell	30,269 -4,956	-14%	-$454K	0.21%	32
2024 Q1	$3.23M	Sell	35,225 -7,996	-19%	-$732K	0.26%	31
2023 Q4	$3.95M	Sell	43,221 -145,691	-77%	-$13.3M	0.36%	28
2023 Q3	$17.3M	Sell	188,912 -209,992	-53%	-$19.2M	1.79%	14
2023 Q2	$36.6M	Sell	398,904 -1,661,024	-81%	-$152M	3.69%	7
2023 Q1	$189M	Sell	2,059,928 -449,193	-18%	-$41.2M	19.89%	1
2022 Q4	$230M	Buy	2,509,121 +701,692	+39%	+$64.2M	26.55%	1
2022 Q3	$166M	Buy	1,807,429 +23,107	+1%	+$2.11M	22.34%	1
2022 Q2	$163M	Buy	1,784,322 +447,921	+34%	+$41M	21.28%	1
2022 Q1	$122M	Buy	1,336,401 +755,370	+130%	+$69.1M	15.44%	1
2021 Q4	$53.1M	Buy	581,031 +433,688	+294%	+$39.7M	6.55%	6
2021 Q3	$13.5M	Sell	147,343 -39,966	-21%	-$3.66M	1.8%	14
2021 Q2	$17.1M	Sell	187,309 -15,913	-8%	-$1.46M	2.25%	13
2021 Q1	$18.6M	Buy	203,222 +2,831	+1%	+$259K	2.65%	12
2020 Q4	$18.3M	Buy	200,391 +24,285	+14%	+$2.22M	2.74%	12
2020 Q3	$16.1M	Sell	176,106 -73,979	-30%	-$6.77M	2.71%	12
2020 Q2	$22.9M	Sell	250,085 -172,376	-41%	-$15.8M	4.09%	8
2020 Q1	$38.7M	Buy	422,461 +382,002	+944%	+$35M	8.52%	3
2019 Q4	$3.71M	Buy	+40,459	New	+$3.7M	0.81%	25
2019 Q3	–	Sell	-484,298	Closed	-$44.4M	–	41
2019 Q2	$44.4M	Buy	484,298 +109,336	+29%	+$10M	9.93%	2
2019 Q1	$34.3M	Sell	374,962 -519,192	-58%	-$47.5M	9.2%	2
2018 Q4	$81.8M	Buy	+894,154	New	+$81.8M	28.23%	1

Other funds holding BIL

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

HCM

Howard Capital Management Roswell, Georgia $6.11B AUM 33.56% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

3AM

3EDGE Asset Management Naples, Florida $2.07B AUM 16.66% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

AssetMark Inc Concord, California $49B AUM 17.78% 1-Year Est. Return

Elm Partners Management's BIL Position: Q1 2026 in Review

Elm Partners Management reduced its State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) stake by 30% in Q1 2026, selling an estimated $181K and leaving 4,709 shares worth $432K. The position accounts for 0.02% of the portfolio, ranked #104.

Elm Partners Management first reported a position in BIL in Q4 2018 and has held it in 29 quarters since. The position peaked at $230M in Q4 2022. 1,309 funds tracked by Wall St. Rank hold BIL as of Q1 2026.

Elm Partners Management held 4,709 shares of State Street SPDR Bloomberg 1-3 Month T-Bill ETF worth $432K as of Q1 2026.
Elm Partners Management sold 1,974 State Street SPDR Bloomberg 1-3 Month T-Bill ETF shares in Q1 2026, an estimated $181K.
State Street SPDR Bloomberg 1-3 Month T-Bill ETF made up 0.02% of Elm Partners Management's portfolio in Q1 2026, its #104 holding.
Elm Partners Management first reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q4 2018 and has held it in 29 quarters since.
Elm Partners Management's State Street SPDR Bloomberg 1-3 Month T-Bill ETF position peaked at $230M in Q4 2022.
1,309 funds tracked by Wall St. Rank held State Street SPDR Bloomberg 1-3 Month T-Bill ETF as of Q1 2026.

Based on Elm Partners Management's 13F filing for Q1 2026, filed 13 May 2026.