Blume Capital Management, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Blume Capital Management, Inc. reported 434 stock positions worth $490.8 million. Its top holding was Apple (AAPL) at 4.3% of the portfolio, followed by Dimensional International (DFIC, 4.2%) and Dimensional Core Fixed (DFCF, 3.7%). Compared with Q1 2025, it opened 102 new positions, sold out of 126, added to 114 and reduced 104. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +155%) and the biggest sale Elevance Health (ELV, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- BERKELEY, CA
- CIK
- 0001587192
- Portfolio Value
- $490.8M (Q2 2025)
- SEC Filing
- 0001587192-25-000006 ↗ filed Jul 30, 2025
Holdings Value
Holdings 434 stocks · $490.8M
| AAPL Apple Inc. | 4.35% | 104,039 | $21.3M | Add +18.8% |
| DFIC Dimensional International Co. | 4.17% | 658,134 | $20.5M | Add +4.0% |
| DFCF Dimensional Core Fixed Inc. | 3.70% | 429,738 | $18.2M | Reduce -0.8% |
| SCHW Schwab (charles) Corp. | 3.15% | 169,454 | $15.5M | Reduce -5.7% |
| UBER Uber Technologies Inc. | 3.13% | 164,811 | $15.4M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 3.03% | 83,965 | $14.9M | Add +0.3% |
| SGOV iShares 0-3 Month Treasury B | 2.88% | 140,635 | $14.2M | Add +20.9% |
| XLE SS Energy Select Sector | 2.86% | 165,538 | $14.0M | Add +1.1% |
| COF Capital One Financial Corp. | 2.77% | 63,864 | $13.6M | Add +9.0% |
| META Meta Platforms Inc. Class A | 2.70% | 17,974 | $13.3M | Reduce -4.6% |
| C Citigroup Inc. | 2.67% | 154,233 | $13.1M | Add +8.1% |
| TOTR T Rowe Price Total Return Et | 2.45% | 295,682 | $12.0M | Reduce -1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.43% | 252,379 | $11.9M | Add +2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 2.27% | 89,874 | $11.1M | Add +0.6% |
| MSFT Microsoft Corp. | 2.20% | 21,723 | $10.8M | Reduce -2.8% |
| AMZN Amazon.com Inc. | 2.20% | 49,236 | $10.8M | Add +1.8% |
| CMCSA Comcast Corp. Class A | 2.16% | 296,865 | $10.6M | Add +11.8% |
| JNJ Johnson & Johnson | 2.09% | 67,292 | $10.3M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 2.08% | 127,711 | $10.2M | Add +1.7% |
| FDX FedEx Corp. | 2.05% | 44,213 | $10.1M | Add +2.0% |
| FCX Freeport-McMoran Inc. | 2.02% | 228,481 | $9.9M | Add +23.9% |
| DFEM Dimensional Emrg MRKT Core | 2.02% | 333,261 | $9.9M | Add +6.4% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 1.97% | 192,260 | $9.7M | Reduce -10.6% |
| MU Micron Technology Inc. | 1.67% | 66,482 | $8.2M | Add +1.2% |
| AMAT Applied Materials Inc. | 1.64% | 44,062 | $8.1M | Add +0.8% |
| DFEV Dimensional Emrg MRKT Val | 1.59% | 260,708 | $7.8M | Add +1.4% |
| GS Goldman Sachs Group Inc. | 1.57% | 10,871 | $7.7M | Reduce -12.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.54% | 154,575 | $7.6M | Reduce -12.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.49% | 79,923 | $7.3M | Add +154.8% |
| NVDA Nvidia Corp. | 1.48% | 46,025 | $7.3M | Add +74.2% |
| IBB iShares Biotechnology ETF | 1.32% | 51,185 | $6.5M | Add +0.0% |
| BKR Baker Hughes Co. | 1.31% | 168,096 | $6.4M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 1.28% | 21,744 | $6.3M | Reduce -1.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.20% | 19,319 | $5.9M | Add +0.2% |
| CNH CNH Industrial NV | 1.18% | 446,640 | $5.8M | Add +0.1% |
| COST Costco Wholesale Corp. | 1.15% | 5,695 | $5.6M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.12% | 11,295 | $5.5M | Reduce -1.3% |
| GBIL Goldman Sachs Access Treasur | 1.00% | 48,792 | $4.9M | Add +1.3% |
| PFE Pfizer Inc. | 0.96% | 194,533 | $4.7M | Add +3.1% |
| GDX Vaneck Gold Miners ETF | 0.85% | 80,247 | $4.2M | Reduce -9.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.81% | 67,743 | $4.0M | Add +1.0% |
| VGIT Vanguard Intermediate-Term T | 0.77% | 63,175 | $3.8M | Add +22.4% |
| DE Deere & Co. | 0.77% | 7,405 | $3.8M | Add +0.2% |
| WY Weyerhaeuser Co. | 0.72% | 136,846 | $3.5M | Add +5.2% |
| CVS CVS Health Corp. | 0.71% | 50,769 | $3.5M | Reduce -24.9% |
| DFAS Dimensional US Small Cap ETF | 0.63% | 48,574 | $3.1M | Reduce -0.3% |
| GTLS Chart Industries Inc. | 0.61% | 18,097 | $3.0M | Add +1.6% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.51% | 74,447 | $2.5M | Add +22.7% |
| XOM Exxon Mobil Corp. | 0.44% | 20,110 | $2.2M | Reduce -0.4% |
| BND Vanguard Total Bond Market | 0.39% | 26,325 | $1.9M | Reduce -5.3% |
| NTR Nutrien Ltd. | 0.38% | 31,741 | $1.8M | Reduce -0.2% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.37% | 37,290 | $1.8M | Add +3.3% |
| GOOGL Alphabet Inc. Class A | 0.31% | 8,512 | $1.5M | Add +0.8% |
| HON Honeywell International Inc. | 0.29% | 6,023 | $1.4M | Reduce -0.0% |
| CL Colgate-Palmolive Co. | 0.28% | 15,200 | $1.4M | Reduce -0.1% |
| AA Alcoa Corp. | 0.27% | 44,595 | $1.3M | Add +3.5% |
| KO The Coca-Cola Co. | 0.23% | 16,200 | $1.1M | Reduce -3.8% |
| DFNM Dimensional National Muni BD | 0.22% | 22,685 | $1.1M | Reduce -16.4% |
| CCJ Cameco Corp. | 0.20% | 13,361 | $992K | Add +2.2% |
| EXPE Expedia Group Inc. | 0.20% | 5,778 | $975K | Reduce -1.9% |
| FSLR First Solar Inc. | 0.20% | 5,863 | $971K | New |
| UNH Unitedhealth Group Inc. | 0.20% | 3,068 | $957K | Add +954.3% |
| VZ Verizon Communications Inc. | 0.19% | 22,092 | $956K | Add +849.8% |
| CVX Chevron Corp. | 0.19% | 6,560 | $939K | Reduce -0.8% |
| EQT Eqt Corp. | 0.19% | 15,795 | $921K | Reduce -2.8% |
| DFAC Dimensional US Core Equity 2 | 0.15% | 20,905 | $749K | Add +14.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.15% | 7,725 | $745K | Add +808.8% |
| GE General Electric filed as GE AEROSPACE | 0.15% | 2,895 | $745K | Reduce -0.2% |
| DUSA Davis Select US Equity ETF | 0.15% | 15,725 | $728K | Add +167.7% |
| ELV Elevance Health Inc. | 0.14% | 1,825 | $710K | Reduce -84.3% |
| AVGO Broadcom Inc. | 0.14% | 2,551 | $703K | Add +0.3% |
| DFIS Dimensional International SM | 0.14% | 23,100 | $689K | Reduce -29.5% |
| PLTR Palantir Technologies Inc. Class A | 0.14% | 4,910 | $669K | Reduce -0.5% |
| IQV Iqvia Holdings Inc. | 0.13% | 4,092 | $645K | Add +3992.0% |
| MSGS Madison Square Garden Sports | 0.13% | 3,055 | $638K | New |
| AXP American Express Co. | 0.13% | 1,965 | $627K | Add +0.1% |
| SBUX Starbucks Corp. | 0.12% | 6,603 | $605K | Add +0.0% |
| GLD SPDR Gold Shares | 0.12% | 1,980 | $604K | Add +5.3% |
| ABNB Airbnb Inc. Class A | 0.12% | 4,334 | $574K | Reduce -2.9% |
| DFIV Dimensional International Va | 0.12% | 13,200 | $565K | Add +0.4% |
| BKNG Booking Holdings Inc. | 0.11% | 95 | $550K | No change |
| V Visa Inc. Class A | 0.11% | 1,548 | $549K | Reduce -44.1% |
| FISV Fiserv Inc. | 0.10% | 2,845 | $491K | Reduce -34.9% |
| GEV GE Vernova Inc. | 0.09% | 812 | $430K | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.08% | 5,701 | $396K | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 0.08% | 3,526 | $391K | Reduce -0.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.08% | 3,350 | $389K | No change |
| VDE Vanguard Energy ETF | 0.08% | 3,260 | $388K | No change |
| MTN Vail Resorts Inc. | 0.07% | 2,327 | $366K | Reduce -12.3% |
| UNP Union Pacific Corp. | 0.07% | 1,502 | $346K | Reduce -0.3% |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 0.07% | 6,750 | $345K | Reduce -5.6% |
| ADI Analog Devices Inc. | 0.07% | 1,425 | $339K | Reduce -17.6% |
| CTRA Coterra Energy Inc. | 0.07% | 13,209 | $335K | Add +165012.5% |
| LRCX Lam Research Corp. | 0.07% | 3,300 | $321K | Reduce -0.3% |
| VOO Vanguard S&P 500 ETF | 0.07% | 565 | $321K | Add +1.8% |
| TRV The Travelers Cos Inc. | 0.06% | 1,100 | $294K | Reduce -0.4% |
| PANW Palo Alto Networks Inc. | 0.06% | 1,362 | $279K | Reduce -1.4% |
| QCOM Qualcomm Inc. | 0.06% | 1,742 | $277K | Add +1.9% |
| WMT Walmart Inc. | 0.05% | 2,733 | $267K | Add +2.5% |
| SCHP Schwab U.S. Tips ETF | 0.05% | 10,000 | $267K | No change |
Options reported separately and not counted above: SPY puts ($6.2M), GME calls ($36K).
Portfolio Sells Q1 2025 → Q2 2025
| ELV Elevance Health Inc. | Reduce -84.3% | 0.14% | −0.99 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Reduce -10.6% | 1.97% | −0.46 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -12.1% | 1.54% | −0.42 |
| JNJ Johnson & Johnson | Reduce -0.1% | 2.09% | −0.42 |
| DFCF Dimensional Core Fixed Inc. | Reduce -0.8% | 3.70% | −0.40 |
| ALB Albemarle Corp. | Reduce -98.5% | 0.00% | −0.36 |
| CVS CVS Health Corp. | Reduce -24.9% | 0.71% | −0.32 |
| TOTR T Rowe Price Total Return Et | Reduce -1.4% | 2.45% | −0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 1.12% | −0.25 |
| CHWY Chewy Inc. Class A | Reduce -99.9% | 0.00% | −0.22 |
| FISV Fiserv Inc. | Reduce -34.9% | 0.10% | −0.12 |
| V Visa Inc. Class A | Reduce -44.1% | 0.11% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 0.44% | −0.10 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.10 |
| DFNM Dimensional National Muni BD | Reduce -16.4% | 0.22% | −0.07 |
| GDX Vaneck Gold Miners ETF | Reduce -9.6% | 0.85% | −0.07 |
| BND Vanguard Total Bond Market | Reduce -5.3% | 0.39% | −0.06 |
| CVX Chevron Corp. | Reduce -0.8% | 0.19% | −0.06 |
| DFIS Dimensional International SM | Reduce -29.5% | 0.14% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -0.1% | 0.28% | −0.04 |
| KO The Coca-Cola Co. | Reduce -3.8% | 0.23% | −0.04 |
| ITCI Intra-Cellular Therapies Inc. | Sold out | 0.00% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -42.1% | 0.03% | −0.03 |
| EXPE Expedia Group Inc. | Reduce -1.9% | 0.20% | −0.02 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.3% | 0.63% | −0.02 |
| MTN Vail Resorts Inc. | Reduce -12.3% | 0.07% | −0.02 |
| HYDB iShares High Yield Systemati | Sold out | 0.00% | −0.02 |
| WTRG Essential Utilities Inc. | Reduce -45.1% | 0.01% | −0.02 |
| BIV Vanguard Intermediate-Term B | Reduce -21.2% | 0.03% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -25.1% | 0.01% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -22.2% | 0.04% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -5.7% | 3.15% | −0.01 |
| TAXX BBLX Irm Tax-Aware S Dur ETF | Reduce -5.6% | 0.07% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -50.0% | 0.01% | −0.01 |
| UNP Union Pacific Corp. | Reduce -0.3% | 0.07% | −0.01 |
| GILD Gilead Sciences Inc. | Reduce -0.2% | 0.08% | −0.01 |
| ADI Analog Devices Inc. | Reduce -17.6% | 0.07% | −0.01 |
| COP Conocophillips | Reduce -0.2% | 0.03% | −0.01 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.01 |
| EQT Eqt Corp. | Reduce -2.8% | 0.19% | −0.01 |
| VRN Veren Inc. | Sold out | 0.00% | −0.01 |
| AFL Aflac Inc. | Reduce -0.3% | 0.04% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.4% | 0.03% | −0.01 |
| DVN Devon Energy Corp. | Reduce -0.3% | 0.02% | −0.01 |
| EC Ecopetrol SA-Sponsored ADR | Sold out | 0.00% | −0.01 |
| TRV The Travelers Cos Inc. | Reduce -0.4% | 0.06% | −0.01 |
| HD Home Depot Inc. | Reduce -2.0% | 0.04% | −0.01 |
| SU Suncor Energy Inc. | Reduce -14.2% | 0.02% | −0.01 |
| BANCOLOMBIA S.A.-SPONS ADR | Sold out | 0.00% | −0.00 |
| MCD McDonald's Corp. | Reduce -3.4% | 0.02% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +154.8% | 1.49% | +0.85 |
| NVDA Nvidia Corp. | Add +74.2% | 1.48% | +0.84 |
| FCX Freeport-McMoran Inc. | Add +23.9% | 2.02% | +0.45 |
| UBER Uber Technologies Inc. | Add +0.2% | 3.13% | +0.44 |
| COF Capital One Financial Corp. | Add +9.0% | 2.77% | +0.41 |
| C Citigroup Inc. | Add +8.1% | 2.67% | +0.40 |
| MU Micron Technology Inc. | Add +1.2% | 1.67% | +0.39 |
| DIS The Walt Disney Co. | Add +0.6% | 2.27% | +0.29 |
| SGOV iShares 0-3 Month Treasury B | Add +20.9% | 2.88% | +0.25 |
| AMAT Applied Materials Inc. | Add +0.8% | 1.64% | +0.22 |
| DFIC Dimensional International Co. | Add +4.0% | 4.17% | +0.22 |
| FSLR First Solar Inc. | New | 0.20% | +0.20 |
| VZ Verizon Communications Inc. | Add +849.8% | 0.19% | +0.17 |
| UNH Unitedhealth Group Inc. | Add +954.3% | 0.20% | +0.16 |
| DFEM Dimensional Emrg MRKT Core | Add +6.4% | 2.02% | +0.15 |
| TROW T Rowe Price Group Inc. | Add +808.8% | 0.15% | +0.13 |
| AMZN Amazon.com Inc. | Add +1.8% | 2.20% | +0.13 |
| MSGS Madison Square Garden Sports | New | 0.13% | +0.13 |
| IQV Iqvia Holdings Inc. | Add +3992.0% | 0.13% | +0.13 |
| BAC Bank of America Corp. | Add +2.1% | 2.43% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 3.03% | +0.09 |
| DUSA Davis Select US Equity ETF | Add +167.7% | 0.15% | +0.09 |
| CCJ Cameco Corp. | Add +2.2% | 0.20% | +0.08 |
| VGIT Vanguard Intermediate-Term T | Add +22.4% | 0.77% | +0.08 |
| CTRA Coterra Energy Inc. | Add +165012.5% | 0.07% | +0.07 |
| WFC Wells Fargo & Co. | Add +1.7% | 2.08% | +0.06 |
| AVGO Broadcom Inc. | Add +0.3% | 0.14% | +0.05 |
| DFEV Dimensional Emrg MRKT Val | Add +1.4% | 1.59% | +0.03 |
| GTLS Chart Industries Inc. | Add +1.6% | 0.61% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +14.1% | 0.15% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 0.31% | +0.01 |
| NFLX Netflix Inc. | Add +126.9% | 0.02% | +0.01 |
| HIMS Hims & Hers Health Inc. | Add +35.6% | 0.02% | +0.01 |
| AXP American Express Co. | Add +0.1% | 0.13% | +0.01 |
| GOVT iShares US Treasury Bond ETF | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +24.7% | 0.02% | +0.01 |
| JMTG Mortgage-Backed Securities | New | 0.01% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +66.7% | 0.01% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.01% | +0.01 |
| IAU iShares Gold Trust | Add +85.5% | 0.01% | +0.01 |
| AFRM Affirm Holdings Inc. | Add +468.8% | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 1.20% | +0.01 |
| SLV iShares Silver Trust | New | 0.00% | +0.00 |
| IDEV iShares Core MSCI Dev MKTS | New | 0.00% | +0.00 |
| STRL Sterling Infrastructure Inc. | New | 0.00% | +0.00 |
| DFSE Dimensional Em Sus CORE1 ETF | Add +166.7% | 0.01% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +62.5% | 0.01% | +0.00 |
| IBM Intl Business Machines Corp. | Add +3.0% | 0.04% | +0.00 |
| DECK Deckers Outdoor Corp. | New | 0.00% | +0.00 |
Options Activity Q1 2025 → Q2 2025
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | TR UNIT · principal | Sold out | 4,000 | $2.2Mbefore 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 |