Elm Market Navigator ETF
ELM
6 hedge funds and large institutions have $170M invested in Elm Market Navigator ETF in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
6.95% less ownership
Funds ownership: 43.16% → 36.21% (-7%)
7% less capital invested
Capital invested by funds: $184M → $170M (-$13.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$387K |
| 3 |
FNBSF
First National Bank Sioux Falls
Sioux Falls,
South Dakota
|
+$267K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$20.1M |
| 2 |
EPM
Elm Partners Management
Philadelphia,
Pennsylvania
|
-$5.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EPM
1
Elm Partners Management
Philadelphia,
Pennsylvania
| $165M | -$5.27M | -198,906 | -3% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $3.97M | +$2.09M | +79,052 | +119% |
|
|
3
Citadel Advisors
Miami,
Florida
| $399K | +$387K | +14,616 | New |
|
|
FNBSF
4
First National Bank Sioux Falls
Sioux Falls,
South Dakota
| $275K | +$267K | +10,075 | New |
|
|
AW
5
Avion Wealth
The Woodlands,
Texas
| $7K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $3.03K | +$2.94K | +111 | New |
|
|
7
JP Morgan Chase
New York
| – | -$20.1M | -775,000 | Closed |
|
ELM Hedge Fund Activity: Q3 2025 in Review
6 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Elm Market Navigator ETF (ELM) for Q3 2025, worth a combined $170M — down 7.4% from $184M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ELM positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $2.09M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $20.1M sold.
- 6 institutional investors held Elm Market Navigator ETF (ELM) as of Q3 2025, up from 4 in Q2 2025.
- Funds reported $170M of Elm Market Navigator ETF stock for Q3 2025, down 7.4% quarter-over-quarter.
- 3 funds opened new Elm Market Navigator ETF positions in Q3 2025 and 1 closed out, a net change of +2 holders.
- The largest Elm Market Navigator ETF buyer in Q3 2025 was HighTower Advisors, an estimated $2.09M added.
- The largest Elm Market Navigator ETF seller in Q3 2025 was JP Morgan Chase, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2025.