GEM Asset Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 9, 2026), GEM Asset Management, LLC reported 107 stock positions worth $224.4 million. Its top holding was Sysco (SYY) at 13.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 7.2%) and Dimensional US Eq MKT ETF (DFUS, 6.9%). Compared with Q3 2025, it opened 6 new positions, sold out of 2, added to 57 and reduced 26. The biggest buy was Apple (AAPL, shares +32%) and the biggest sale Microsoft (MSFT, shares −0%).

Most Recent 13F
Q2 2026
Location
Plymouth, MI
CIK
0001963319
Portfolio Value
$224.4M (Q4 2025)
SEC Filing
0000905729-26-000015 ↗ filed Jan 9, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $148.7M Q1 2024 Q2 2024: $160.6M Q2 2024 Q3 2024: $174.9M Q3 2024 Q4 2024: $179.4M Q4 2024 Q1 2025: $178.6M Q1 2025 Q2 2025: $195.3M Q2 2025 Q3 2025: $210.9M Q3 2025 Q4 2025: $224.4M $224.4M Q4 2025 Q1 2026: $226.6M Q1 2026 Q2 2026: $253.9M Q2 2026

Holdings 107 stocks · $224.4M
SYY Sysco Corp. 13.48% 419,441 $30.3M No change
SPY SS SPDR S&P 500 ETF Trust-US 7.19% 23,389 $16.1M Reduce -1.0%
DFUS Dimensional US Eq MKT ETF 6.92% 206,656 $15.5M Add +0.9%
DFAI Dimensional International Co. 5.08% 293,559 $11.4M Add +2.9%
DFAS Dimensional US Small Cap ETF 3.98% 123,882 $8.9M Add +3.3%
DFAE Dimensional Emerging Core Eq 3.13% 208,009 $7.0M Add +7.0%
DFAU Dimensional US Core Equity M 3.06% 144,682 $6.9M Add +5.0%
VONG Vanguard Russell 1000 Growth 2.76% 50,513 $6.2M Add +4.3%
DFUV Dimensional US Marketwide Va 2.67% 125,788 $6.0M Add +2.2%
DFAC Dimensional US Core Equity 2 2.65% 147,651 $5.9M Add +1.8%
AAPL Apple Inc. 2.43% 20,974 $5.5M Add +32.2%
SMLF iShares US Smallcap Equity F 2.41% 69,768 $5.4M Add +0.6%
MSFT Microsoft Corp. 2.39% 11,103 $5.4M Reduce -0.2%
DFAX Dimensional World Ex US Core 2.24% 150,058 $5.0M Add +0.4%
DUHP Dimensional US High Profi Et 2.10% 123,037 $4.7M Add +9.8%
DFLV Dim US Large Cap Value ETF 2.02% 129,827 $4.5M Add +8.8%
IJH iShares Core S&P Midcap ETF 1.65% 54,331 $3.7M Add +31.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.56% 11,863 $3.5M Add +6.2%
TAXF American Century Diver Muni 1.53% 67,754 $3.4M Add +2.2%
DFIC Dimensional International Co. 1.47% 93,754 $3.3M Add +25.5%
DFNM Dimensional National Muni BD 1.40% 64,816 $3.1M Reduce -3.6%
VOO Vanguard S&P 500 ETF 1.34% 4,743 $3.0M Add +36.5%
RSP Invesco S&P 500 Equal Weight 1.34% 15,436 $3.0M Add +0.9%
IWM iShares Russell 2000 ETF 1.24% 10,892 $2.8M Reduce -0.7%
EFA iShares MSCI Eafe ETF 1.09% 24,974 $2.4M No change
AMZN Amazon.com Inc. 1.04% 9,665 $2.3M Add +17.3%
GOOGL Alphabet Inc. Class A 0.91% 6,350 $2.0M Reduce -5.0%
IVV iShares Core S&P 500 ETF 0.91% 2,943 $2.0M No change
SPSB SS SPDR P St C Corp. ETF 0.80% 59,745 $1.8M Add +43.1%
AVLV Avantis US Large Cap Value 0.75% 21,779 $1.7M Add +25.3%
MDY State Street SPDR S&P Midcap 0.73% 2,622 $1.6M No change
AVUV Avantis US Small Cap Value 0.64% 13,672 $1.4M Reduce -16.9%
SCZ iShares MSCI Eafe Small-Cap 0.63% 17,671 $1.4M No change
V Visa Inc. Class A 0.54% 3,420 $1.2M No change
VCIT Vanguard Int-Term Corporate 0.53% 14,248 $1.2M Add +381.4%
DFSV Dimensional US Small Cap Val 0.51% 33,897 $1.1M Add +10.1%
NVDA Nvidia Corp. 0.50% 5,901 $1.1M Reduce -3.9%
ABBV Abbvie Inc. 0.48% 4,646 $1.1M Reduce -0.3%
VB Vanguard Most SM-Cap ETF-Usd 0.47% 3,982 $1.1M Add +30.3%
IWF iShares Russell 1000 Growth 0.46% 2,167 $1.0M No change
AVDE Avantis International Equity 0.46% 12,188 $1.0M Add +4.6%
JPST JPMorgan Ultra-Short Income 0.43% 19,241 $974K Add +66.3%
LLY Eli Lilly & Co. 0.41% 830 $920K Reduce -2.1%
VEA Vanguard Ftse Developed ETF 0.36% 12,672 $809K Add +48.0%
GLD SPDR Gold Shares 0.36% 1,973 $807K Add +58.5%
ORCL Oracle Corp. 0.32% 3,778 $729K Add +1.6%
DFCF Dimensional Core Fixed Inc. 0.32% 16,592 $708K Add +2.5%
HACK Amplify Cybersecurity ETF 0.30% 8,327 $679K Reduce -0.5%
DFEM Dimensional Emrg MRKT Core 0.29% 19,170 $655K Reduce -1.6%
VTWO Vanguard Russell 2000 ETF 0.29% 6,278 $648K Add +0.4%
JNJ Johnson & Johnson 0.27% 2,921 $606K Reduce -1.3%
BRK.B Berkshire Hathaway Inc. Class B 0.27% 1,202 $596K Reduce -0.7%
XLF SS Financial Select Sector 0.26% 10,653 $592K Add +0.3%
MUB iShares National Muni Bond E 0.26% 5,355 $576K Add +4.3%
PSN Parsons Corp. 0.25% 8,500 $559K No change
USMV iShares MSCI USA Min Vol Fac 0.25% 5,866 $552K No change
HBAN Huntington Bancshares Inc. 0.25% 30,374 $551K No change
CSCO Cisco Systems Inc. 0.24% 7,289 $545K Reduce -0.5%
DTE DTE Energy Company 0.24% 4,204 $539K Add +11.3%
AVGE Avantis All Eqty Mrkts ETF 0.24% 6,114 $537K Add +4.4%
SPAB SS SPDR P Agg Bond ETF 0.23% 20,343 $525K Add +96.6%
FTNT Fortinet Inc. 0.23% 6,495 $520K No change
XLE SS Energy Select Sector 0.23% 11,308 $510K Add +0.9%
SCHX Schwab US Large-Cap ETF 0.22% 18,204 $496K Add +0.0%
AEE Ameren Corporation 0.22% 4,997 $495K Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.22% 1,007 $495K Add +1.3%
PLTZ Defiance Daily Target 2X ETF 0.21% 20,000 $467K New
VTI VG Morningstar TS MKT ETF-US 0.21% 1,360 $463K Add +30.8%
ABT Abbott Laboratories 0.21% 3,639 $462K Reduce -1.6%
MCD McDonald's Corp. 0.20% 1,498 $456K Reduce -1.2%
VLUE iShares MSCI USA Value Facto 0.20% 3,185 $451K No change
PEP Pepsico Inc. 0.19% 3,046 $417K Add +0.1%
DFAW Dimensional World Eqty ETF 0.18% 5,357 $404K Add +6.8%
CAT Caterpillar Inc. 0.17% 649 $387K Reduce -4.3%
DIHP Dimensional International Hi 0.17% 11,943 $386K Add +8.2%
XOM Exxon Mobil Corp. 0.17% 3,221 $382K Reduce -0.7%
SO The Southern Co. 0.16% 4,279 $369K Reduce -0.3%
MRSH Marsh & McLennan Cos 0.16% 1,933 $354K Reduce -0.3%
AVSC Avantis US Small Cap Equity 0.15% 5,681 $344K Add +0.2%
AMGN Amgen Inc. 0.15% 982 $336K Add +0.2%
DFIV Dimensional International Va 0.15% 6,624 $333K Add +39.3%
META Meta Platforms Inc. Class A 0.15% 507 $329K Add +53.6%
IGEB iShares Investment Grade SYS 0.14% 7,113 $325K Add +27.6%
DCOR Dimensional US Core Eq 1 ETF 0.14% 4,340 $325K Add +0.3%
QQQ Invesco QQQ Trust Series 1 0.14% 514 $321K Add +1.0%
BIL SS SPDR BB 1-3M T-Bill ETF 0.14% 3,500 $320K Add +55.6%
TSLA Tesla Inc. 0.14% 739 $319K Reduce -1.1%
GGG Graco Inc. 0.14% 3,824 $318K Add +0.2%
WELD Tema U.S. Manufacturing & Re 0.14% 6,819 $313K Add +0.3%
JPM JPMorgan Chase & Co. 0.13% 919 $301K Reduce -5.3%
IWB iShares Russell 1000 ETF 0.12% 716 $271K No change
IGM iShares Expanded Tech Sector 0.12% 2,016 $265K No change
NDSN Nordson Corp. 0.12% 1,038 $262K Add +0.3%
XLK SS Technology Select Sector 0.11% 1,636 $240K Reduce -6.3%
AVUS Avantis U.S. Equity ETF 0.10% 2,026 $231K Add +0.1%
BKNG Booking Holdings Inc. 0.10% 42 $229K No change
RKLB Rocket Lab Corp. 0.10% 2,600 $219K Reduce -27.8%
IEMG iShares Core MSCI Emerging 0.10% 3,121 $218K No change
DTM DT Midstream Inc. 0.10% 1,810 $216K No change
DFIS Dimensional International SM 0.09% 6,190 $209K New
SCHD Schwab US DVD Equity ETF 0.09% 7,435 $207K New
GOOG Alphabet Inc. Class C 0.09% 636 $205K New
ARTY iShares Future AI & Tech ETF 0.09% 4,015 $202K New
AVGO Broadcom Inc. 0.09% 584 $201K Reduce -20.4%
HON Honeywell International Inc. 0.09% 1,003 $200K Reduce -2.4%
DNP DNP Select Income Fund Inc. 0.05% 11,082 $109K No change
SLDP Solid Power Inc. 0.02% 10,000 $50K New

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -0.2% 2.39% −0.37
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.0% 7.19% −0.31
TIDAL TRUST II Sold out 0.00% −0.25
DFNM Dimensional National Muni BD Reduce -3.6% 1.40% −0.14
AVUV Avantis US Small Cap Value Reduce -16.9% 0.64% −0.13
AOS Smith (a.o.) Corp. Sold out 0.00% −0.10
HACK Amplify Cybersecurity ETF Reduce -0.5% 0.30% −0.04
NVDA Nvidia Corp. Reduce -3.9% 0.50% −0.04
SO The Southern Co. Reduce -0.3% 0.16% −0.03
ABBV Abbvie Inc. Reduce -0.3% 0.48% −0.03
IWM iShares Russell 2000 ETF Reduce -0.7% 1.24% −0.03
MRSH Marsh & McLennan Cos Reduce -0.3% 0.16% −0.03
AVGO Broadcom Inc. Reduce -20.4% 0.09% −0.03
ABT Abbott Laboratories Reduce -1.6% 0.21% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.7% 0.27% −0.02
HON Honeywell International Inc. Reduce -2.4% 0.09% −0.01
XLK SS Technology Select Sector Reduce -6.3% 0.11% −0.01
TSLA Tesla Inc. Reduce -1.1% 0.14% −0.01
MCD McDonald's Corp. Reduce -1.2% 0.20% −0.01
JPM JPMorgan Chase & Co. Reduce -5.3% 0.13% −0.01
RKLB Rocket Lab Corp. Reduce -27.8% 0.10% −0.01
DFEM Dimensional Emrg MRKT Core Reduce -1.6% 0.29% −0.01
XOM Exxon Mobil Corp. Reduce -0.7% 0.17% −0.01
CSCO Cisco Systems Inc. Reduce -0.5% 0.24% +0.00
JNJ Johnson & Johnson Reduce -1.3% 0.27% +0.00
CAT Caterpillar Inc. Reduce -4.3% 0.17% +0.02
LLY Eli Lilly & Co. Reduce -2.1% 0.41% +0.07
GOOGL Alphabet Inc. Class A Reduce -5.0% 0.91% +0.13

Portfolio Buys Q3 2025 → Q4 2025
AAPL Apple Inc. Add +32.2% 2.43% +0.50
VCIT Vanguard Int-Term Corporate Add +381.4% 0.53% +0.41
IJH iShares Core S&P Midcap ETF Add +31.3% 1.65% +0.37
VOO Vanguard S&P 500 ETF Add +36.5% 1.34% +0.33
DFIC Dimensional International Co. Add +25.5% 1.47% +0.30
PLTZ Defiance Daily Target 2X ETF New 0.21% +0.21
SPSB SS SPDR P St C Corp. ETF Add +43.1% 0.80% +0.21
DFAE Dimensional Emerging Core Eq Add +7.0% 3.13% +0.19
AMZN Amazon.com Inc. Add +17.3% 1.04% +0.17
AVLV Avantis US Large Cap Value Add +25.3% 0.75% +0.16
JPST JPMorgan Ultra-Short Income Add +66.3% 0.43% +0.16
DFLV Dim US Large Cap Value ETF Add +8.8% 2.02% +0.15
GLD SPDR Gold Shares Add +58.5% 0.36% +0.14
DFAI Dimensional International Co. Add +2.9% 5.08% +0.12
VEA Vanguard Ftse Developed ETF Add +48.0% 0.36% +0.11
SPAB SS SPDR P Agg Bond ETF Add +96.6% 0.23% +0.11
VB Vanguard Most SM-Cap ETF-Usd Add +30.3% 0.47% +0.10
DFIS Dimensional International SM New 0.09% +0.09
DFAS Dimensional US Small Cap ETF Add +3.3% 3.98% +0.09
SCHD Schwab US DVD Equity ETF New 0.09% +0.09
GOOG Alphabet Inc. Class C New 0.09% +0.09
ARTY iShares Future AI & Tech ETF New 0.09% +0.09
DUHP Dimensional US High Profi Et Add +9.8% 2.10% +0.09
DFAU Dimensional US Core Equity M Add +5.0% 3.06% +0.06
DFUV Dimensional US Marketwide Va Add +2.2% 2.67% +0.05
BIL SS SPDR BB 1-3M T-Bill ETF Add +55.6% 0.14% +0.04
DFSV Dimensional US Small Cap Val Add +10.1% 0.51% +0.04
DFIV Dimensional International Va Add +39.3% 0.15% +0.04
VTI VG Morningstar TS MKT ETF-US Add +30.8% 0.21% +0.04
META Meta Platforms Inc. Class A Add +53.6% 0.15% +0.04
IGEB iShares Investment Grade SYS Add +27.6% 0.14% +0.02
SLDP Solid Power Inc. New 0.02% +0.02
AVDE Avantis International Equity Add +4.6% 0.46% +0.02
AMGN Amgen Inc. Add +0.2% 0.15% +0.01
DIHP Dimensional International Hi Add +8.2% 0.17% +0.01
DFAW Dimensional World Eqty ETF Add +6.8% 0.18% +0.01
AVGE Avantis All Eqty Mrkts ETF Add +4.4% 0.24% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +6.2% 1.56% +0.01
DFAX Dimensional World Ex US Core Add +0.4% 2.24% +0.00
NDSN Nordson Corp. Add +0.3% 0.12% +0.00
WELD Tema U.S. Manufacturing & Re Add +0.3% 0.14% +0.00
AVSC Avantis US Small Cap Equity Add +0.2% 0.15% −0.00
AVUS Avantis U.S. Equity ETF Add +0.1% 0.10% −0.00
MUB iShares National Muni Bond E Add +4.3% 0.26% −0.00
DCOR Dimensional US Core Eq 1 ETF Add +0.3% 0.14% −0.00
QQQ Invesco QQQ Trust Series 1 Add +1.0% 0.14% −0.00
VTWO Vanguard Russell 2000 ETF Add +0.4% 0.29% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +1.3% 0.22% −0.01
XLF SS Financial Select Sector Add +0.3% 0.26% −0.01
SCHX Schwab US Large-Cap ETF Add +0.0% 0.22% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 116$253.9MSYY, DFUS, DFAI, SPY, DFAS
Q1 2026 107$226.6MSYY, DFUS, SPY, DFAI, DFAS
Q4 2025 107$224.4MSYY, SPY, DFUS, DFAI, DFAS
Q3 2025 103$210.9MSYY, SPY, DFUS, DFAI, DFAS
Q2 2025 101$195.3MSYY, SPY, DFUS, DFAI, DFAS
Q1 2025 95$178.6MSYY, SPY, DFUS, DFAI, DFAS
Q4 2024 91$179.4MSYY, SPY, DFUS, DFAI, DFAS
Q3 2024 91$174.9MSYY, SPY, DFUS, DFAI, DFAS
Q2 2024 89$160.6MSYY, SPY, DFUS, DFAI, DFAS
Q1 2024 85$148.7MSYY, SPY, DFUS, DFAI, DFAS