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Institutional Investment Manager
ELM ADVISORS, LLC
ELM ADVISORS, LLC (CIK: 0001362987), located at 111 Anza Boulevard, Burlingame, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 79 holdings with a total value of $107,870,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 PATRIOT SCIENTIFIC CORPCOM 15,500 0 0.00%
2 CERUS CORP 20,000 124,000 0.11%
3 XEROX CORP 12,425 126,000 0.12%
4 GRANITE CONSTR INC 4,050 201,000 0.19%
5 Verizon Communications Inc 3,867 201,000 0.19%
6 BOEING CO 1,615 213,000 0.20%
7 GENERAL MLS INC 3,384 216,000 0.20%
8 BP PLC 6,195 218,000 0.20%
9 KELLOGG CO 2,824 219,000 0.20%
10 HP INC 14,443 224,000 0.21%
11 MICROSOFT CORP 3,940 227,000 0.21%
12 DOVER CORP 3,285 242,000 0.22%
13 PFIZER INC 7,352 249,000 0.23%
14 Util Slct Sector SPDR Fund 5,150 252,000 0.23%
15 CALIFORNIA WTR SVC GROUP 8,000 257,000 0.24%
16 JPMorgan Chase & Co 4,013 267,000 0.25%
17 OLD REP INTL CORP 15,240 269,000 0.25%
18 VANGUARD INDEX FDS 2,450 275,000 0.25%
19 DU PONT E I DE NEMOURS & CO 4,118 276,000 0.26%
20 MATTEL INC 9,133 277,000 0.26%
21 Exxon Mobil Corp 3,190 278,000 0.26%
22 AT&T Inc New 7,173 291,000 0.27%
23 PEPSICO INC 2,705 294,000 0.27%
24 FedEx Corp 1,775 310,000 0.29%
25 SELECT SECTOR SPDR TRUST THE T 6,650 318,000 0.29%
26 Ishares - Japan 25,750 323,000 0.30%
27 DEERE & CO 3,780 323,000 0.30%
28 COLGATE PALMOLIVE CO 4,400 326,000 0.30%
29 Hewlett Packard Enterprise Com 15,193 346,000 0.32%
30 ISHARES TR 9,900 371,000 0.34%
31 BRISTOL MYERS SQUIBB CO 7,116 384,000 0.36%
32 KIMBERLY CLARK CORP 3,279 414,000 0.38%
33 GENUINE PARTS CO 4,180 420,000 0.39%
34 Wec Energy Group Inc 7,237 433,000 0.40%
35 UNION PAC CORP 4,502 439,000 0.41%
36 COMCAST CORP NEW 6,658 442,000 0.41%
37 SPDR INDEX SHS FDS 14,140 444,000 0.41%
38 DAILY JOURNAL CORP 2,120 464,000 0.43%
39 VANGUARD INTL EQUITY INDEX F 4,785 476,000 0.44%
40 COSTCO WHSL CORP NEW 3,450 526,000 0.49%
41 COCA COLA CO 12,467 528,000 0.49%
42 MCDONALDS CORP 4,625 534,000 0.50%
43 ISHARES TR 1,992 577,000 0.53%
44 GENERAL ELECTRIC CO 19,667 583,000 0.54%
45 ISHARES TR 4,840 604,000 0.56%
46 WASTE MANAGEMENT INC DEL 9,525 607,000 0.56%
47 PROCTER AND GAMBLE CO 6,962 625,000 0.58%
48 CHEVRON CORP NEW 6,150 633,000 0.59%
49 JOHNSON & JOHNSON 5,473 647,000 0.60%
50 3M Co 3,810 671,000 0.62%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001362987-16-000009, filed 2016.10.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.