Blume Capital Management, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Blume Capital Management, Inc. reported 457 stock positions worth $444.7 million. Its top holding was Apple (AAPL) at 4.4% of the portfolio, followed by Dimensional Core Fixed (DFCF, 4.1%) and Dimensional International (DFIC, 4.0%). Compared with Q4 2024, it opened 137 new positions, sold out of 3, added to 111 and reduced 65. The biggest buy was Dimensional Core Fixed (DFCF, shares +42%) and the biggest sale Vanguard Total Bond Market (BND, shares −79%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001587192
- Portfolio Value
- $444.7M (Q1 2025)
- SEC Filing
- 0001587192-25-000002 ↗ filed May 6, 2025
Holdings Value
Holdings 457 stocks · $444.7M
| AAPL Apple Inc. | 4.37% | 87,565 | $19.5M | Add +5.8% |
| DFCF Dimensional Core Fixed Inc. | 4.10% | 433,248 | $18.2M | Add +42.4% |
| DFIC Dimensional International Co. | 3.95% | 633,109 | $17.6M | Add +7.2% |
| XLE SS Energy Select Sector | 3.44% | 163,773 | $15.3M | Reduce -0.8% |
| SCHW Schwab (charles) Corp. | 3.16% | 179,620 | $14.1M | Reduce -0.5% |
| GOOG Alphabet Inc. Class C | 2.94% | 83,675 | $13.1M | Reduce -0.2% |
| TOTR T Rowe Price Total Return Et | 2.74% | 299,719 | $12.2M | Add +42.1% |
| UBER Uber Technologies Inc. | 2.70% | 164,533 | $12.0M | Add +0.4% |
| SGOV iShares 0-3 Month Treasury B | 2.63% | 116,284 | $11.7M | Reduce -12.4% |
| JNJ Johnson & Johnson | 2.51% | 67,343 | $11.2M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 2.44% | 18,834 | $10.9M | Reduce -5.9% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 2.43% | 215,019 | $10.8M | Reduce -17.1% |
| FDX FedEx Corp. | 2.38% | 43,326 | $10.6M | Add +3.6% |
| COF Capital One Financial Corp. | 2.36% | 58,575 | $10.5M | Add +5.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.32% | 247,149 | $10.3M | Add +0.4% |
| C Citigroup Inc. | 2.28% | 142,748 | $10.1M | Add +1.3% |
| CMCSA Comcast Corp. Class A | 2.20% | 265,597 | $9.8M | Add +11.9% |
| AMZN Amazon.com Inc. | 2.07% | 48,351 | $9.2M | Add +1.1% |
| WFC Wells Fargo & Co. | 2.03% | 125,624 | $9.0M | Reduce -8.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.98% | 89,306 | $8.8M | Add +3.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.96% | 175,845 | $8.7M | Reduce -3.5% |
| MSFT Microsoft Corp. | 1.89% | 22,338 | $8.4M | Reduce -0.3% |
| DFEM Dimensional Emrg MRKT Core | 1.86% | 313,111 | $8.3M | Add +3.1% |
| BKR Baker Hughes Co. | 1.66% | 167,586 | $7.4M | Reduce -0.5% |
| FCX Freeport-McMoran Inc. | 1.57% | 184,349 | $7.0M | Add +3.1% |
| DFEV Dimensional Emrg MRKT Val | 1.56% | 257,048 | $7.0M | Add +6.5% |
| GS Goldman Sachs Group Inc. | 1.52% | 12,397 | $6.8M | Reduce -15.8% |
| IBB iShares Biotechnology ETF | 1.47% | 51,169 | $6.5M | Reduce -0.7% |
| AMAT Applied Materials Inc. | 1.43% | 43,694 | $6.3M | Add +9.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.37% | 11,448 | $6.1M | Reduce -0.8% |
| MU Micron Technology Inc. | 1.28% | 65,714 | $5.7M | Add +7.3% |
| CNH CNH Industrial NV | 1.23% | 446,040 | $5.5M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 1.21% | 21,975 | $5.4M | Reduce -5.0% |
| COST Costco Wholesale Corp. | 1.21% | 5,689 | $5.4M | Reduce -9.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.19% | 19,274 | $5.3M | No change |
| ELV Elevance Health Inc. | 1.14% | 11,636 | $5.1M | Add +9.3% |
| GBIL Goldman Sachs Access Treasur | 1.08% | 48,163 | $4.8M | Add +2.5% |
| PFE Pfizer Inc. | 1.07% | 188,633 | $4.8M | Add +60.5% |
| CVS CVS Health Corp. | 1.03% | 67,634 | $4.6M | Reduce -0.7% |
| GDX Vaneck Gold Miners ETF | 0.92% | 88,762 | $4.1M | Reduce -2.5% |
| RIO Rio Tinto PLC-Spon ADR | 0.91% | 67,058 | $4.0M | Add +2.6% |
| WY Weyerhaeuser Co. | 0.86% | 130,101 | $3.8M | Add +2.9% |
| DE Deere & Co. | 0.78% | 7,392 | $3.5M | Reduce -0.1% |
| VGIT Vanguard Intermediate-Term T | 0.69% | 51,610 | $3.1M | Reduce -35.8% |
| DFAS Dimensional US Small Cap ETF | 0.65% | 48,699 | $2.9M | Add +6.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.65% | 31,371 | $2.9M | Reduce -13.4% |
| NVDA Nvidia Corp. | 0.64% | 26,422 | $2.9M | Add +786.6% |
| GTLS Chart Industries Inc. | 0.58% | 17,807 | $2.6M | Add +1.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.57% | 60,677 | $2.5M | Add +2.0% |
| XOM Exxon Mobil Corp. | 0.54% | 20,197 | $2.4M | Add +0.2% |
| BND Vanguard Total Bond Market | 0.46% | 27,785 | $2.0M | Reduce -78.5% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.40% | 36,115 | $1.8M | Reduce -2.0% |
| ALB Albemarle Corp. | 0.36% | 22,265 | $1.6M | Add +5.4% |
| NTR Nutrien Ltd. | 0.36% | 31,796 | $1.6M | Add +0.7% |
| CL Colgate-Palmolive Co. | 0.32% | 15,211 | $1.4M | Reduce -3.1% |
| AA Alcoa Corp. | 0.30% | 43,085 | $1.3M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 0.29% | 8,442 | $1.3M | Reduce -2.9% |
| DFNM Dimensional National Muni BD | 0.29% | 27,152 | $1.3M | Reduce -15.1% |
| HON Honeywell International Inc. | 0.29% | 6,024 | $1.3M | Reduce -0.2% |
| KO The Coca-Cola Co. | 0.27% | 16,840 | $1.2M | Add +0.0% |
| CVX Chevron Corp. | 0.25% | 6,610 | $1.1M | Add +0.6% |
| EXPE Expedia Group Inc. | 0.22% | 5,888 | $990K | Reduce -0.8% |
| CHWY Chewy Inc. Class A | 0.22% | 30,081 | $978K | Reduce -0.6% |
| V Visa Inc. Class A | 0.22% | 2,769 | $970K | Reduce -12.8% |
| FISV Fiserv Inc. | 0.22% | 4,369 | $965K | Reduce -75.6% |
| EQT Eqt Corp. | 0.20% | 16,245 | $868K | Reduce -0.1% |
| DFIS Dimensional International SM | 0.19% | 32,750 | $846K | No change |
| SBUX Starbucks Corp. | 0.15% | 6,601 | $647K | No change |
| DFAC Dimensional US Core Equity 2 | 0.14% | 18,322 | $604K | Add +43.2% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 2,902 | $581K | Add +0.2% |
| GLD SPDR Gold Shares | 0.12% | 1,880 | $542K | No change |
| CCJ Cameco Corp. | 0.12% | 13,077 | $538K | Add +3169.3% |
| ABNB Airbnb Inc. Class A | 0.12% | 4,464 | $533K | Reduce -0.4% |
| AXP American Express Co. | 0.12% | 1,963 | $528K | Reduce -4.2% |
| DFIV Dimensional International Va | 0.12% | 13,150 | $518K | No change |
| BKNG Booking Holdings Inc. | 0.10% | 95 | $438K | No change |
| CHTR Charter Communications Inc. Class A | 0.10% | 1,168 | $430K | Reduce -4.1% |
| AVGO Broadcom Inc. | 0.10% | 2,544 | $426K | Add +1.1% |
| MTN Vail Resorts Inc. | 0.10% | 2,652 | $424K | Add +66200.0% |
| VDE Vanguard Energy ETF | 0.10% | 3,260 | $423K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.09% | 4,933 | $416K | Add +0.5% |
| GILD Gilead Sciences Inc. | 0.09% | 3,533 | $396K | Add +0.4% |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 0.08% | 7,150 | $362K | Reduce -4.0% |
| UNP Union Pacific Corp. | 0.08% | 1,506 | $356K | Add +0.4% |
| CSCO Cisco Systems Inc. | 0.08% | 5,711 | $352K | Reduce -0.7% |
| ADI Analog Devices Inc. | 0.08% | 1,729 | $349K | Reduce -1.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.08% | 3,350 | $343K | Reduce -4.3% |
| TRV The Travelers Cos Inc. | 0.07% | 1,104 | $292K | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 0.06% | 555 | $285K | Add +0.5% |
| SCHP Schwab U.S. Tips ETF | 0.06% | 10,000 | $269K | Add +25.0% |
| PEP Pepsico Inc. | 0.06% | 1,783 | $267K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 475 | $266K | Add +28.7% |
| QCOM Qualcomm Inc. | 0.06% | 1,709 | $263K | Add +0.5% |
| GEV GE Vernova Inc. | 0.06% | 817 | $249K | Add +0.3% |
| DUSA Davis Select US Equity ETF | 0.06% | 5,875 | $249K | Add +23400.0% |
| VTEC Vanguard Ca Tax-Ex Bond | 0.06% | 2,500 | $246K | No change |
| LRCX Lam Research Corp. | 0.05% | 3,309 | $241K | Add +0.3% |
| PANW Palo Alto Networks Inc. | 0.05% | 1,382 | $236K | Add +2.4% |
| WMT Walmart Inc. | 0.05% | 2,667 | $234K | Add +0.7% |
| HRL Hormel Foods Corp. | 0.05% | 7,500 | $232K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT · principal | 4,000 | $2.2M | New |
Total filed on the 13F, all lines: $446.9M.
Portfolio Sells Q4 2024 → Q1 2025
| BND Vanguard Total Bond Market | Reduce -78.5% | 0.46% | −1.63 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 2.94% | −0.65 |
| FISV Fiserv Inc. | Reduce -75.6% | 0.22% | −0.61 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Reduce -17.1% | 2.43% | −0.49 |
| GS Goldman Sachs Group Inc. | Reduce -15.8% | 1.52% | −0.37 |
| SGOV iShares 0-3 Month Treasury B | Reduce -12.4% | 2.63% | −0.36 |
| VGIT Vanguard Intermediate-Term T | Reduce -35.8% | 0.69% | −0.36 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.34 |
| MSFT Microsoft Corp. | Reduce -0.3% | 1.89% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -5.9% | 2.44% | −0.19 |
| WFC Wells Fargo & Co. | Reduce -8.3% | 2.03% | −0.13 |
| NXPI NXP Semiconductors NV | Reduce -99.2% | 0.00% | −0.11 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -13.4% | 0.65% | −0.10 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.5% | 1.96% | −0.09 |
| TAP Molson Coors Beverage Co. Class B | Reduce -100.0% | 0.00% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -9.1% | 1.21% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -2.9% | 0.29% | −0.08 |
| IBB iShares Biotechnology ETF | Reduce -0.7% | 1.47% | −0.06 |
| DFNM Dimensional National Muni BD | Reduce -15.1% | 0.29% | −0.05 |
| TSLA Tesla Inc. | Reduce -67.0% | 0.01% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -5.0% | 1.21% | −0.03 |
| EXPE Expedia Group Inc. | Reduce -0.8% | 0.22% | −0.03 |
| CB Chubb Ltd. | Reduce -97.3% | 0.00% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.2% | 0.29% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -64.3% | 0.01% | −0.02 |
| AXP American Express Co. | Reduce -4.2% | 0.12% | −0.02 |
| ACES Alps Clean Energy ETF | Reduce -57.1% | 0.01% | −0.01 |
| ABNB Airbnb Inc. Class A | Reduce -0.4% | 0.12% | −0.01 |
| CRM Salesforce Inc. | Reduce -2.7% | 0.04% | −0.01 |
| ROST Ross Stores Inc. | Reduce -98.7% | 0.00% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -4.3% | 0.08% | −0.01 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.01 |
| VTIP Vanguard Short-Term Tips | Reduce -71.4% | 0.00% | −0.01 |
| CHWY Chewy Inc. Class A | Reduce -0.6% | 0.22% | −0.01 |
| V Visa Inc. Class A | Reduce -12.8% | 0.22% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -26.7% | 0.01% | −0.01 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -33.3% | 0.01% | −0.01 |
| ADI Analog Devices Inc. | Reduce -1.2% | 0.08% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -10.5% | 0.03% | −0.00 |
| TRMB Trimble Inc. | Reduce -13.0% | 0.01% | −0.00 |
| TAXX BBLX Irm Tax-Aware S Dur ETF | Reduce -4.0% | 0.08% | −0.00 |
| XLK SS Technology Select Sector | Reduce -17.1% | 0.01% | −0.00 |
| SCHO Schwab Short-Term US Treas | Reduce -5.3% | 0.05% | −0.00 |
| IAU iShares Gold Trust | Reduce -26.7% | 0.01% | −0.00 |
| AES AES Corp. | Reduce -97.2% | 0.00% | −0.00 |
| CTRA Coterra Energy Inc. | Reduce -94.8% | 0.00% | −0.00 |
| DFAR Dimensional US Real Est ETF | Reduce -5.4% | 0.02% | −0.00 |
| VGZ Vista Gold Corp. | Reduce -62.5% | 0.00% | −0.00 |
| LOGI Logitech International-Reg | Reduce -9.1% | 0.01% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.9% | 0.03% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| DFCF Dimensional Core Fixed Inc. | Add +42.4% | 4.10% | +1.28 |
| TOTR T Rowe Price Total Return Et | Add +42.1% | 2.74% | +0.84 |
| NVDA Nvidia Corp. | Add +786.6% | 0.64% | +0.55 |
| DFIC Dimensional International Co. | Add +7.2% | 3.95% | +0.52 |
| UBER Uber Technologies Inc. | Add +0.4% | 2.70% | +0.48 |
| PFE Pfizer Inc. | Add +60.5% | 1.07% | +0.37 |
| ELV Elevance Health Inc. | Add +9.3% | 1.14% | +0.26 |
| CMCSA Comcast Corp. Class A | Add +11.9% | 2.20% | +0.20 |
| DFEV Dimensional Emrg MRKT Val | Add +6.5% | 1.56% | +0.14 |
| COF Capital One Financial Corp. | Add +5.6% | 2.36% | +0.14 |
| MU Micron Technology Inc. | Add +7.3% | 1.28% | +0.13 |
| CCJ Cameco Corp. | Add +3169.3% | 0.12% | +0.12 |
| CNH CNH Industrial NV | Add +0.6% | 1.23% | +0.10 |
| MTN Vail Resorts Inc. | Add +66200.0% | 0.10% | +0.10 |
| DFEM Dimensional Emrg MRKT Core | Add +3.1% | 1.86% | +0.08 |
| SLB SLB Ltd. | Add +2.0% | 0.57% | +0.06 |
| WY Weyerhaeuser Co. | Add +2.9% | 0.86% | +0.06 |
| DUSA Davis Select US Equity ETF | Add +23400.0% | 0.06% | +0.06 |
| XOM Exxon Mobil Corp. | Add +0.2% | 0.54% | +0.05 |
| C Citigroup Inc. | Add +1.3% | 2.28% | +0.05 |
| RIO Rio Tinto PLC-Spon ADR | Add +2.6% | 0.91% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +3.1% | 1.57% | +0.04 |
| NTR Nutrien Ltd. | Add +0.7% | 0.36% | +0.04 |
| DFAC Dimensional US Core Equity 2 | Add +43.2% | 0.14% | +0.04 |
| KO The Coca-Cola Co. | Add +0.0% | 0.27% | +0.04 |
| CVX Chevron Corp. | Add +0.6% | 0.25% | +0.03 |
| GBIL Goldman Sachs Access Treasur | Add +2.5% | 1.08% | +0.03 |
| GE General Electric | Add +0.2% | 0.13% | +0.02 |
| HYDB iShares High Yield Systemati | New | 0.02% | +0.02 |
| TROW T Rowe Price Group Inc. | New | 0.02% | +0.02 |
| GILD Gilead Sciences Inc. | Add +0.4% | 0.09% | +0.02 |
| DFAE Dimensional Emerging Core Eq | Add +44.0% | 0.05% | +0.02 |
| SCHP Schwab U.S. Tips ETF | Add +25.0% | 0.06% | +0.01 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +28.7% | 0.06% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +0.5% | 0.09% | +0.01 |
| AMT American Tower Corp. | Add +4.4% | 0.05% | +0.01 |
| TUR iShares MSCI Turkey ETF | New | 0.01% | +0.01 |
| COP Conocophillips | Add +17.1% | 0.04% | +0.01 |
| STZ Constellation Brands Inc. Class A | Add +100.0% | 0.02% | +0.01 |
| T AT&T Inc. | Add +7.0% | 0.03% | +0.01 |
| EC Ecopetrol SA-Sponsored ADR | New | 0.01% | +0.01 |
| AMGN Amgen Inc. | Add +0.4% | 0.04% | +0.01 |
| TRV The Travelers Cos Inc. | Add +0.4% | 0.07% | +0.01 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Add +28.6% | 0.03% | +0.01 |
| DFGR Dim Global Real Estate ETF | New | 0.01% | +0.01 |
| BANCOLOMBIA S.A.-SPONS ADR | New | 0.00% | +0.00 |
| OAKM Oakmark US Large Cap ETF | New | 0.00% | +0.00 |
| IBM Intl Business Machines Corp. | Add +1.5% | 0.03% | +0.00 |
| AMX America Movil Sab DE CV | New | 0.00% | +0.00 |
Options Activity Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 2,500 | $1.3Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT · principal | New | 4,000 | $2.2M |
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 |