Blume Capital Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Blume Capital Management, Inc. reported 323 stock positions worth $445.2 million. Its top holding was Apple (AAPL) at 4.7% of the portfolio, followed by Alphabet Class C (GOOG, 3.6%) and Dimensional International (DFIC, 3.4%). Compared with Q3 2024, it opened 10 new positions, sold out of 39, added to 40 and reduced 87. The biggest buy was a new position in Elevance Health (ELV) and the biggest sale CVS Health (CVS, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001587192
- Portfolio Value
- $445.2M (Q4 2024)
- SEC Filing
- 0001587192-25-000001 ↗ filed Feb 10, 2025
Holdings Value
Holdings 323 stocks · $445.2M
| AAPL Apple Inc. | 4.66% | 82,765 | $20.7M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 3.59% | 83,849 | $16.0M | Reduce -2.8% |
| DFIC Dimensional International Co. | 3.43% | 590,717 | $15.3M | Add +0.3% |
| XLE SS Energy Select Sector | 3.18% | 165,148 | $14.1M | Reduce -0.7% |
| SCHW Schwab (charles) Corp. | 3.00% | 180,434 | $13.4M | Reduce -1.0% |
| SGOV iShares 0-3 Month Treasury B | 2.99% | 132,734 | $13.3M | Add +12.0% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 2.92% | 259,429 | $13.0M | Add +9.9% |
| DFCF Dimensional Core Fixed Inc. | 2.82% | 304,330 | $12.6M | Add +36.0% |
| FDX FedEx Corp. | 2.64% | 41,822 | $11.8M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 2.63% | 20,016 | $11.7M | Reduce -5.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.43% | 246,171 | $10.8M | Reduce -8.7% |
| AMZN Amazon.com Inc. | 2.36% | 47,820 | $10.5M | Reduce -0.7% |
| C Citigroup Inc. | 2.23% | 140,942 | $9.9M | Reduce -0.8% |
| COF Capital One Financial Corp. | 2.22% | 55,479 | $9.9M | Reduce -9.2% |
| UBER Uber Technologies Inc. | 2.22% | 163,813 | $9.9M | Add +0.2% |
| JNJ Johnson & Johnson | 2.20% | 67,808 | $9.8M | Add +4.3% |
| WFC Wells Fargo & Co. | 2.16% | 137,071 | $9.6M | Reduce -5.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.15% | 86,143 | $9.6M | Reduce -0.5% |
| MSFT Microsoft Corp. | 2.12% | 22,398 | $9.4M | Reduce -0.4% |
| BND Vanguard Total Bond Market | 2.09% | 129,393 | $9.3M | Reduce -14.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.05% | 182,145 | $9.1M | Reduce -11.2% |
| CMCSA Comcast Corp. Class A | 2.00% | 237,319 | $8.9M | Add +1.3% |
| GS Goldman Sachs Group Inc. | 1.89% | 14,727 | $8.4M | Reduce -1.6% |
| TOTR T Rowe Price Total Return Et | 1.89% | 210,925 | $8.4M | Add +8.4% |
| DFEM Dimensional Emrg MRKT Core | 1.79% | 303,597 | $8.0M | Add +0.6% |
| BKR Baker Hughes Co. | 1.55% | 168,375 | $6.9M | Reduce -1.1% |
| IBB iShares Biotechnology ETF | 1.53% | 51,509 | $6.8M | Reduce -0.4% |
| FCX Freeport-McMoran Inc. | 1.53% | 178,719 | $6.8M | Add +0.2% |
| AMAT Applied Materials Inc. | 1.46% | 39,989 | $6.5M | Add +2.0% |
| DFEV Dimensional Emrg MRKT Val | 1.42% | 241,353 | $6.3M | Add +2.8% |
| COST Costco Wholesale Corp. | 1.29% | 6,258 | $5.7M | Reduce -2.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.25% | 19,274 | $5.6M | No change |
| JPM JPMorgan Chase & Co. | 1.25% | 23,137 | $5.5M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 11,545 | $5.2M | Reduce -1.3% |
| MU Micron Technology Inc. | 1.16% | 61,260 | $5.2M | Add +6.4% |
| CNH CNH Industrial NV | 1.13% | 443,540 | $5.0M | Add +0.7% |
| GBIL Goldman Sachs Access Treasur | 1.06% | 47,007 | $4.7M | Add +52.0% |
| VGIT Vanguard Intermediate-Term T | 1.05% | 80,410 | $4.7M | Add +0.4% |
| ELV Elevance Health Inc. | 0.88% | 10,649 | $3.9M | New |
| RIO Rio Tinto PLC-Spon ADR | 0.86% | 65,353 | $3.8M | Add +9.8% |
| FISV Fiserv Inc. | 0.83% | 17,886 | $3.7M | Reduce -23.9% |
| WY Weyerhaeuser Co. | 0.80% | 126,427 | $3.6M | Add +0.7% |
| GTLS Chart Industries Inc. | 0.76% | 17,617 | $3.4M | Reduce -0.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.74% | 36,207 | $3.3M | New |
| DE Deere & Co. | 0.70% | 7,399 | $3.1M | Reduce -0.2% |
| PFE Pfizer Inc. | 0.70% | 117,558 | $3.1M | Add +18.4% |
| GDX Vaneck Gold Miners ETF | 0.69% | 91,012 | $3.1M | Reduce -0.5% |
| CVS CVS Health Corp. | 0.69% | 68,109 | $3.1M | Reduce -51.9% |
| DFAS Dimensional US Small Cap ETF | 0.67% | 45,914 | $3.0M | Add +0.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.51% | 59,495 | $2.3M | Add +27.2% |
| XOM Exxon Mobil Corp. | 0.49% | 20,158 | $2.2M | Reduce -0.6% |
| ALB Albemarle Corp. | 0.41% | 21,122 | $1.8M | Reduce -15.5% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.40% | 36,865 | $1.8M | New |
| GOOGL Alphabet Inc. Class A | 0.37% | 8,690 | $1.6M | Reduce -4.4% |
| AA Alcoa Corp. | 0.36% | 42,135 | $1.6M | Reduce -0.2% |
| MDT Medtronic PLC | 0.34% | 19,128 | $1.5M | Reduce -6.9% |
| DFNM Dimensional National Muni BD | 0.34% | 31,972 | $1.5M | Reduce -30.8% |
| CL Colgate-Palmolive Co. | 0.32% | 15,700 | $1.4M | No change |
| NTR Nutrien Ltd. | 0.32% | 31,576 | $1.4M | Add +70.0% |
| HON Honeywell International Inc. | 0.31% | 6,035 | $1.4M | No change |
| EXPE Expedia Group Inc. | 0.25% | 5,933 | $1.1M | Reduce -7.9% |
| KO The Coca-Cola Co. | 0.24% | 16,837 | $1.0M | Reduce -1.0% |
| CHWY Chewy Inc. Class A | 0.23% | 30,265 | $1.0M | Reduce -2.9% |
| V Visa Inc. Class A | 0.23% | 3,176 | $1.0M | Reduce -11.5% |
| CVX Chevron Corp. | 0.21% | 6,570 | $952K | Reduce -2.4% |
| DFIS Dimensional International SM | 0.18% | 32,750 | $804K | No change |
| EQT Eqt Corp. | 0.17% | 16,265 | $750K | Reduce -3.6% |
| AXP American Express Co. | 0.14% | 2,049 | $608K | Reduce -1.7% |
| SBUX Starbucks Corp. | 0.14% | 6,601 | $602K | No change |
| ABNB Airbnb Inc. Class A | 0.13% | 4,482 | $589K | Reduce -12.3% |
| AVGO Broadcom Inc. | 0.13% | 2,515 | $583K | Reduce -13.0% |
| NXPI NXP Semiconductors NV | 0.11% | 2,344 | $487K | Reduce -21.4% |
| GE General Electric filed as GE AEROSPACE | 0.11% | 2,895 | $483K | Reduce -0.6% |
| BKNG Booking Holdings Inc. | 0.11% | 95 | $472K | No change |
| DFIV Dimensional International Va | 0.10% | 13,150 | $467K | Reduce -7.1% |
| GLD SPDR Gold Shares | 0.10% | 1,880 | $455K | Add +15.3% |
| DFAC Dimensional US Core Equity 2 | 0.10% | 12,797 | $443K | Add +3.2% |
| CHTR Charter Communications Inc. Class A | 0.09% | 1,218 | $417K | Reduce -24.0% |
| NVDA Nvidia Corp. | 0.09% | 2,980 | $400K | Reduce -7.1% |
| VDE Vanguard Energy ETF | 0.09% | 3,260 | $395K | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 0.09% | 3,500 | $386K | Reduce -7.0% |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 0.08% | 7,450 | $375K | New |
| ADI Analog Devices Inc. | 0.08% | 1,750 | $372K | Reduce -0.6% |
| PLTR Palantir Technologies Inc. Class A | 0.08% | 4,910 | $371K | No change |
| TAP Molson Coors Beverage Co. Class B | 0.08% | 6,259 | $359K | Reduce -21.4% |
| UNP Union Pacific Corp. | 0.08% | 1,500 | $342K | No change |
| CSCO Cisco Systems Inc. | 0.08% | 5,751 | $340K | No change |
| GILD Gilead Sciences Inc. | 0.07% | 3,520 | $325K | No change |
| VOO Vanguard S&P 500 ETF | 0.07% | 552 | $298K | No change |
| PEP Pepsico Inc. | 0.06% | 1,783 | $271K | No change |
| GEV GE Vernova Inc. | 0.06% | 815 | $268K | Add +12.7% |
| TRV The Travelers Cos Inc. | 0.06% | 1,100 | $265K | No change |
| QCOM Qualcomm Inc. | 0.06% | 1,700 | $261K | No change |
| TSLA Tesla Inc. | 0.06% | 633 | $256K | No change |
| VTEC Vanguard Ca Tax-Ex Bond | 0.06% | 2,500 | $249K | No change |
| PANW Palo Alto Networks Inc. | 0.06% | 1,350 | $246K | Reduce -4.4% |
| WMT Walmart Inc. | 0.05% | 2,649 | $239K | Reduce -5.6% |
| LRCX Lam Research Corp. | 0.05% | 3,300 | $238K | No change |
| HRL Hormel Foods Corp. | 0.05% | 7,500 | $235K | No change |
| CRM Salesforce Inc. | 0.05% | 700 | $234K | Reduce -1.0% |
Options reported separately and not counted above: QQQ puts ($1.3M).
Portfolio Sells Q3 2024 → Q4 2024
| CVS CVS Health Corp. | Reduce -51.9% | 0.69% | −1.33 |
| BND Vanguard Total Bond Market | Reduce -14.8% | 2.09% | −0.49 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -11.2% | 2.05% | −0.32 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.30 |
| IBB iShares Biotechnology ETF | Reduce -0.4% | 1.53% | −0.17 |
| DFNM Dimensional National Muni BD | Reduce -30.8% | 0.34% | −0.16 |
| GDX Vaneck Gold Miners ETF | Reduce -0.5% | 0.69% | −0.13 |
| FISV Fiserv Inc. | Reduce -23.9% | 0.83% | −0.13 |
| ALB Albemarle Corp. | Reduce -15.5% | 0.41% | −0.13 |
| XLE SS Energy Select Sector | Reduce -0.7% | 3.18% | −0.12 |
| META Meta Platforms Inc. Class A | Reduce -5.8% | 2.63% | −0.12 |
| HUM Humana Inc. | Sold out | 0.00% | −0.09 |
| MDT Medtronic PLC | Reduce -6.9% | 0.34% | −0.08 |
| VPU Vanguard Utilities ETF | Reduce -87.7% | 0.01% | −0.07 |
| MSFT Microsoft Corp. | Reduce -0.4% | 2.12% | −0.07 |
| NXPI NXP Semiconductors NV | Reduce -21.4% | 0.11% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.6% | 0.49% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 1.18% | −0.04 |
| KO The Coca-Cola Co. | Reduce -1.0% | 0.24% | −0.04 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.03 |
| CHTR Charter Communications Inc. Class A | Reduce -24.0% | 0.09% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -45.8% | 0.02% | −0.02 |
| TAP Molson Coors Beverage Co. Class B | Reduce -21.4% | 0.08% | −0.02 |
| DFIV Dimensional International Va | Reduce -7.1% | 0.10% | −0.02 |
| GE General Electric | Reduce -0.6% | 0.11% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -12.3% | 0.13% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -30.9% | 0.03% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -90.8% | 0.00% | −0.01 |
| VTIP Vanguard Short-Term Tips | Reduce -52.3% | 0.01% | −0.01 |
| AA Alcoa Corp. | Reduce -0.2% | 0.36% | −0.01 |
| CVX Chevron Corp. | Reduce -2.4% | 0.21% | −0.01 |
| MELI MercadoLibre Inc. | Reduce -3.1% | 0.04% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.01 |
| ADI Analog Devices Inc. | Reduce -0.6% | 0.08% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -49.3% | 0.01% | −0.01 |
| ADBE Adobe Inc. | Reduce -1.2% | 0.04% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.01 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.01 |
| AMD Advanced Micro Devices | Reduce -66.1% | 0.00% | −0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.01 |
| NAPA The Duckhorn Portfolio Inc. | Sold out | 0.00% | −0.01 |
| MMM 3M Co. | Reduce -13.0% | 0.03% | −0.01 |
| GSIE Goldman Sachs Activebeta Int | Sold out | 0.00% | −0.01 |
| WTRG Essential Utilities Inc. | Reduce -12.0% | 0.03% | −0.01 |
| ACES Alps Clean Energy ETF | Reduce -12.5% | 0.02% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -7.0% | 0.09% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -7.2% | 0.05% | −0.01 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −0.01 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| ELV Elevance Health Inc. | New | 0.88% | +0.88 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.74% | +0.74 |
| DFCF Dimensional Core Fixed Inc. | Add +36.0% | 2.82% | +0.64 |
| XFIV Bondbloxx BBG 5 YR US Treas | New | 0.40% | +0.40 |
| GBIL Goldman Sachs Access Treasur | Add +52.0% | 1.06% | +0.35 |
| SGOV iShares 0-3 Month Treasury B | Add +12.0% | 2.99% | +0.29 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +9.9% | 2.92% | +0.23 |
| NTR Nutrien Ltd. | Add +70.0% | 0.32% | +0.12 |
| TAXX BBLX Irm Tax-Aware S Dur ETF | New | 0.08% | +0.08 |
| SLB SLB Ltd. | Add +27.2% | 0.51% | +0.07 |
| TOTR T Rowe Price Total Return Et | Add +8.4% | 1.89% | +0.06 |
| PFE Pfizer Inc. | Add +18.4% | 0.70% | +0.05 |
| CNH CNH Industrial NV | Add +0.7% | 1.13% | +0.02 |
| GEV GE Vernova Inc. | Add +12.7% | 0.06% | +0.02 |
| GLD SPDR Gold Shares | Add +15.3% | 0.10% | +0.01 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Add +75.0% | 0.03% | +0.01 |
| DVN Devon Energy Corp. | Add +51.5% | 0.02% | +0.01 |
| GPC Genuine Parts Co. | Add +55.1% | 0.02% | +0.00 |
| HIMS Hims & Hers Health Inc. | Add +100.0% | 0.01% | +0.00 |
| DFAC Dimensional US Core Equity 2 | Add +3.2% | 0.10% | +0.00 |
| DVYE iShares Emerging Markets Div | New | 0.00% | +0.00 |
| EWZ iShares MSCI Brazil ETF | New | 0.00% | +0.00 |
| UROY Uranium Royalty Corp. | New | 0.00% | +0.00 |
| HAL Halliburton Co. | Add +33.3% | 0.01% | +0.00 |
| ASML ASML Holding NV-NY Reg SHS | Add +107.1% | 0.00% | +0.00 |
| DFAS Dimensional US Small Cap ETF | Add +0.6% | 0.67% | +0.00 |
| NTAP Netapp Inc. | New | 0.00% | +0.00 |
| RIG Transocean Ltd. | Add +216.7% | 0.00% | +0.00 |
| EPAM Epam Systems Inc. | New | 0.00% | +0.00 |
| NE Noble Corp. PLC | Add +26.3% | 0.00% | +0.00 |
| VAL Valaris Ltd. | Add +41.7% | 0.00% | +0.00 |
| AAAU Goldman Sachs Physical Gold | New | 0.00% | +0.00 |
| MTN Vail Resorts Inc. | Add +100.0% | 0.00% | +0.00 |
| SNAP Snap Inc. Class A | Add +2.5% | 0.00% | 0.00 |
| SCHF Schwab Intl Equity ETF | Add +2.4% | 0.00% | −0.00 |
| GOLD Gold.com Inc. | Add +50.0% | 0.00% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +0.5% | 0.00% | −0.00 |
| DFAR Dimensional US Real Est ETF | Add +1.6% | 0.02% | −0.00 |
| VGIT Vanguard Intermediate-Term T | Add +0.4% | 1.05% | −0.05 |
| DFEV Dimensional Emrg MRKT Val | Add +2.8% | 1.42% | −0.09 |
| RIO Rio Tinto PLC-Spon ADR | Add +9.8% | 0.86% | −0.09 |
| DFEM Dimensional Emrg MRKT Core | Add +0.6% | 1.79% | −0.13 |
| WY Weyerhaeuser Co. | Add +0.7% | 0.80% | −0.16 |
| JNJ Johnson & Johnson | Add +4.3% | 2.20% | −0.18 |
| MU Micron Technology Inc. | Add +6.4% | 1.16% | −0.19 |
| CMCSA Comcast Corp. Class A | Add +1.3% | 2.00% | −0.21 |
| DFIC Dimensional International Co. | Add +0.3% | 3.43% | −0.32 |
| AMAT Applied Materials Inc. | Add +2.0% | 1.46% | −0.33 |
| FCX Freeport-McMoran Inc. | Add +0.2% | 1.53% | −0.48 |
| UBER Uber Technologies Inc. | Add +0.2% | 2.22% | −0.56 |
Options Activity Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 8,700 | $5.0Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 2,500 | $1.3M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| WM Waste Management Inc. | COM | Sold out | 0 | $3before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 356 | $674.4M | GOOG, MU, AAPL, VBIL, DFIC |
| Q1 2026 | 336 | $587.3M | GOOG, AAPL, DFIC, DFCF, XLE |
| Q4 2025 | 330 | $544.4M | AAPL, GOOG, DFIC, DFCF, C |
| Q3 2025 | 350 | $520.0M | AAPL, DFIC, GOOG, DFCF, UBER |
| Q2 2025 | 434 | $490.8M | AAPL, DFIC, DFCF, SCHW, UBER |
| Q1 2025 | 457 | $444.7M | AAPL, DFCF, DFIC, XLE, SCHW |
| Q4 2024 | 323 | $445.2M | AAPL, GOOG, DFIC, XLE, SCHW |
| Q3 2024 | 351 | $442.2M | AAPL, DFIC, XLE, GOOG, UBER |
| Q2 2024 | 316 | $413.5M | AAPL, GOOG, DFIC, XLE, FDX |
| Q1 2024 | 311 | $410.0M | DFIC, XLE, AAPL, SCHW, GOOG |