Gemmer Asset Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Gemmer Asset Management LLC reported 187 stock positions worth $1.5 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.5% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 7.9%) and Schwab US Large-Cap Growth (SCHG, 7.1%). Compared with Q1 2026, it opened 26 new positions, sold out of 11, added to 88 and reduced 60. The biggest buy was Micron Technology (MU, shares +0%) and the biggest sale Nvidia (NVDA, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0001607825
- Portfolio Value
- $1.5B (Q2 2026)
- SEC Filing
- 0001420506-26-001235 ↗ filed Jul 15, 2026
Holdings Value
Holdings 187 stocks · $1.5B
| SCHF Schwab Intl Equity ETF | 11.46% | 6,157,146 | $170.6M | Add +1.0% |
| SCHV Schwab US Large-Cap Value | 7.89% | 3,373,480 | $117.4M | Reduce -1.7% |
| SCHG Schwab US Large-Cap Growth | 7.05% | 3,100,787 | $104.9M | Add +0.9% |
| MU Micron Technology Inc. | 6.73% | 86,773 | $100.2M | Add +0.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.62% | 2,688,126 | $83.6M | Add +0.2% |
| BSV Vanguard Short-Term Bond ETF | 4.39% | 838,296 | $65.3M | Add +2.2% |
| VEA Vanguard Ftse Developed ETF | 4.34% | 906,069 | $64.6M | Add +0.9% |
| SCHA Schwab US Small-Cap ETF | 3.68% | 1,517,147 | $54.8M | Reduce -0.3% |
| NVDA Nvidia Corp. | 3.41% | 253,718 | $50.8M | Reduce -8.8% |
| EFAX State Street SPDR MSCI Eafe | 2.60% | 713,531 | $38.6M | Add +2.7% |
| SCHB Schwab US Broad Market ETF | 2.15% | 1,104,883 | $32.0M | Reduce -1.2% |
| SCHM Schwab US Mid Cap ETF | 2.14% | 863,655 | $31.8M | Reduce -2.5% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.85% | 451,355 | $27.6M | Reduce -0.5% |
| SPSB SS SPDR P St C Corp. ETF | 1.71% | 847,978 | $25.4M | Add +2.4% |
| PYLD PIMCO Multisector Bond Actv | 1.71% | 957,658 | $25.4M | Add +1.7% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.68% | 656,112 | $25.0M | Add +1.4% |
| ESGV Vanguard ESG US Stock ETF | 1.63% | 183,341 | $24.2M | Reduce -0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.42% | 69,547 | $21.1M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.40% | 242,586 | $20.9M | Add +2.5% |
| ABM Abm Industries Inc. | 1.39% | 468,484 | $20.7M | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 1.33% | 139,453 | $19.9M | Add +0.6% |
| DFIC Dimensional International Co. | 1.29% | 515,909 | $19.2M | Add +3.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.16% | 78,997 | $17.2M | Reduce -3.8% |
| BIV Vanguard Intermediate-Term B | 1.13% | 219,824 | $16.9M | Add +0.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.12% | 316,610 | $16.6M | Add +0.3% |
| AAPL Apple Inc. | 1.07% | 55,214 | $16.0M | Add +0.6% |
| DUHP Dimensional US High Profi Et | 1.06% | 378,691 | $15.8M | Add +5.8% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.93% | 382,946 | $13.9M | Add +3.5% |
| DFAC Dimensional US Core Equity 2 | 0.86% | 287,705 | $12.8M | Add +1.8% |
| DFLV Dim US Large Cap Value ETF | 0.80% | 300,648 | $11.9M | Add +5.6% |
| DFAS Dimensional US Small Cap ETF | 0.79% | 143,008 | $11.8M | Add +3.3% |
| SBUX Starbucks Corp. | 0.72% | 105,495 | $10.8M | Add +0.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.71% | 130,687 | $10.5M | Reduce -2.2% |
| DFUS Dimensional US Eq MKT ETF | 0.49% | 88,405 | $7.2M | Add +0.3% |
| CHAT Roundhill Gen AI & Tech ETF | 0.47% | 70,695 | $7.0M | Add +60.3% |
| METV Roundhill Ball Metaverse ETF | 0.46% | 12,078 | $6.8M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.45% | 14,076 | $6.7M | Add +0.1% |
| ESML iShares ESG Aware MSCI USA S | 0.40% | 107,264 | $6.0M | Add +3.1% |
| JAVA JPMorgan Active Value ETF | 0.39% | 72,368 | $5.7M | Reduce -1.5% |
| EFA iShares MSCI Eafe ETF | 0.38% | 53,756 | $5.6M | Add +1.1% |
| MSFT Microsoft Corp. | 0.36% | 14,514 | $5.4M | Add +3.2% |
| INTC Intel Corp. | 0.34% | 36,374 | $5.1M | Add +252.0% |
| IVV iShares Core S&P 500 ETF | 0.30% | 5,908 | $4.4M | Add +1.6% |
| AMZN Amazon.com Inc. | 0.29% | 18,410 | $4.4M | Add +0.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.29% | 52,598 | $4.3M | Reduce -3.0% |
| GPRO Gopro Inc. Class A | 0.28% | 11,532 | $4.1M | Add +1.4% |
| IVE iShares S&P 500 Value ETF | 0.26% | 17,231 | $3.9M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 5,233 | $3.9M | Reduce -6.8% |
| AMAT Applied Materials Inc. | 0.25% | 5,193 | $3.8M | Reduce -3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.24% | 7,163 | $3.6M | Add +1.9% |
| CIEN Ciena Corp. | 0.22% | 6,686 | $3.3M | New |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 54,554 | $3.3M | Add +0.5% |
| IWB iShares Russell 1000 ETF | 0.20% | 7,099 | $2.9M | No change |
| ARTY iShares Future AI & Tech ETF | 0.19% | 36,462 | $2.8M | Add +11.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 7,262 | $2.7M | Add +0.0% |
| CGGR Cap Group Growth Equity | 0.16% | 51,345 | $2.4M | Reduce -0.2% |
| LHX L3HARRIS Technologies Inc. | 0.15% | 7,746 | $2.3M | Add +0.0% |
| HD Home Depot Inc. | 0.15% | 6,202 | $2.2M | Add +0.2% |
| JNJ Johnson & Johnson | 0.14% | 8,495 | $2.2M | Add +0.2% |
| IVW iShares S&P 500 Growth ETF | 0.14% | 14,635 | $2.0M | Add +5.7% |
| DFSV Dimensional US Small Cap Val | 0.12% | 45,767 | $1.8M | Reduce -2.9% |
| DFAE Dimensional Emerging Core Eq | 0.11% | 42,413 | $1.7M | Reduce -1.3% |
| AMD Advanced Micro Devices | 0.11% | 2,774 | $1.6M | Add +2.0% |
| TSLA Tesla Inc. | 0.11% | 3,819 | $1.6M | Reduce -0.8% |
| LITE Lumentum Holdings Inc. | 0.10% | 1,768 | $1.5M | New |
| SCHK Schwab 1000 Index ETF | 0.10% | 41,222 | $1.5M | Add +3.0% |
| WDC Western Digital Corp. | 0.10% | 2,326 | $1.5M | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.10% | 1,179 | $1.4M | Add +0.7% |
| DFEM Dimensional Emrg MRKT Core | 0.09% | 33,592 | $1.4M | Add +11.4% |
| VOOV Vanguard S&P 500 Value ETF | 0.09% | 6,117 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 0.09% | 4,091 | $1.3M | Reduce -0.5% |
| CCJ Cameco Corp. | 0.09% | 12,906 | $1.3M | Add +11.5% |
| ETN Eaton Corp. PLC | 0.09% | 2,986 | $1.3M | Add +0.4% |
| CSCO Cisco Systems Inc. | 0.09% | 10,768 | $1.3M | Add +1.5% |
| COST Costco Wholesale Corp. | 0.08% | 1,342 | $1.3M | Add +5.0% |
| EEM iShares MSCI Emerging Market | 0.08% | 18,268 | $1.2M | New |
| QCOM Qualcomm Inc. | 0.08% | 6,695 | $1.2M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 8,209 | $1.2M | Reduce -2.4% |
| DBA Invesco DB Agriculture Fund | 0.08% | 45,221 | $1.2M | New |
| URA Global X Uranium ETF | 0.08% | 26,743 | $1.2M | Add +0.3% |
| BAC Bank of America Corp. | 0.08% | 20,344 | $1.2M | Add +0.3% |
| ORCL Oracle Corp. | 0.08% | 7,826 | $1.1M | Reduce -0.8% |
| AGG iShares Core U.S. Aggregate | 0.08% | 11,493 | $1.1M | Reduce -3.9% |
| NFLX Netflix Inc. | 0.08% | 15,917 | $1.1M | Reduce -1.2% |
| UPST Upstart Holdings Inc. | 0.07% | 29,707 | $1.1M | Add +17.0% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 4,328 | $1.0M | Add +16.1% |
| IJH iShares Core S&P Midcap ETF | 0.07% | 13,160 | $1.0M | Add +1.2% |
| RIO Rio Tinto PLC-Spon ADR | 0.07% | 10,539 | $1.0M | No change |
| NOBL Proshares S&P 500 Dividend A | 0.07% | 17,547 | $985K | No change |
| V Visa Inc. Class A | 0.07% | 2,849 | $977K | Add +1.9% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 5,896 | $969K | Add +0.2% |
| WMT Walmart Inc. | 0.06% | 7,728 | $875K | Add +0.8% |
| TAN Invesco Solar ETF | 0.06% | 14,300 | $846K | Reduce -26.1% |
| PCG P G & E Corp. | 0.05% | 46,587 | $784K | Reduce -2.6% |
| CAT Caterpillar Inc. | 0.05% | 706 | $752K | Add +0.9% |
| MRK Merck & Co. Inc. | 0.05% | 5,485 | $705K | Reduce -0.4% |
| CVX Chevron Corp. | 0.05% | 4,207 | $697K | Add +2.8% |
| SCHD Schwab US DVD Equity ETF | 0.05% | 21,618 | $686K | Add +1.5% |
| ABBV Abbvie Inc. | 0.05% | 2,676 | $673K | Reduce -1.6% |
| DFAI Dimensional International Co. | 0.04% | 15,967 | $659K | Reduce -12.6% |
Portfolio Sells Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | Reduce -8.8% | 3.41% | −0.42 |
| SCHV Schwab US Large-Cap Value | Reduce -1.7% | 7.89% | −0.38 |
| ERO Ero Copper Corp. | Sold out | 0.00% | −0.38 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.33 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.31 |
| SLV iShares Silver Trust | Reduce -89.3% | 0.02% | −0.23 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -3.8% | 1.16% | −0.12 |
| METV Roundhill Ball Metaverse ETF | Reduce -0.7% | 0.46% | −0.09 |
| SCHB Schwab US Broad Market ETF | Reduce -1.2% | 2.15% | −0.07 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.0% | 0.29% | −0.06 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.2% | 0.71% | −0.05 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -0.5% | 1.85% | −0.05 |
| INTU Intuit Inc. | Reduce -8.1% | 0.04% | −0.05 |
| NFLX Netflix Inc. | Reduce -1.2% | 0.08% | −0.05 |
| HBM Hudbay Minerals Inc. | Sold out | 0.00% | −0.03 |
| JAVA JPMorgan Active Value ETF | Reduce -1.5% | 0.39% | −0.03 |
| TAN Invesco Solar ETF | Reduce -26.1% | 0.06% | −0.03 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.5% | 2.14% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -0.5% | 0.26% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.8% | 0.26% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.1% | 1.42% | −0.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.02 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -3.9% | 0.08% | −0.02 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.02 |
| VDE Vanguard Energy ETF | Sold out | 0.00% | −0.02 |
| ORCL Oracle Corp. | Reduce -0.8% | 0.08% | −0.01 |
| PCG P G & E Corp. | Reduce -2.6% | 0.05% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -29.6% | 0.02% | −0.01 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.7% | 0.03% | −0.01 |
| DFAI Dimensional International Co. | Reduce -12.6% | 0.04% | −0.01 |
| DFSV Dimensional US Small Cap Val | Reduce -2.9% | 0.12% | −0.01 |
| GILD Gilead Sciences Inc. | Reduce -4.1% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -0.6% | 0.03% | −0.01 |
| ABT Abbott Laboratories | Reduce -13.4% | 0.01% | −0.01 |
| MCD McDonald's Corp. | Reduce -2.8% | 0.02% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -1.5% | 0.02% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 0.09% | −0.01 |
| AMGN Amgen Inc. | Reduce -1.1% | 0.03% | −0.01 |
| TSLA Tesla Inc. | Reduce -0.8% | 0.11% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.4% | 0.05% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -1.5% | 0.02% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -2.5% | 0.03% | −0.00 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -18.8% | 0.01% | −0.00 |
| CTVA Corteva Inc. | Reduce -2.2% | 0.02% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -10.4% | 0.03% | −0.00 |
| DFAX Dimensional World Ex US Core | Reduce -2.8% | 0.03% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Add +0.3% | 6.73% | +4.42 |
| INTC Intel Corp. | Add +252.0% | 0.34% | +0.31 |
| CHAT Roundhill Gen AI & Tech ETF | Add +60.3% | 0.47% | +0.25 |
| CIEN Ciena Corp. | New | 0.22% | +0.22 |
| LITE Lumentum Holdings Inc. | New | 0.10% | +0.10 |
| EEM iShares MSCI Emerging Market | New | 0.08% | +0.08 |
| DBA Invesco DB Agriculture Fund | New | 0.08% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 0.45% | +0.08 |
| ARTY iShares Future AI & Tech ETF | Add +11.7% | 0.19% | +0.07 |
| AMD Advanced Micro Devices | Add +2.0% | 0.11% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.5% | 1.40% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.02% | +0.02 |
| DUHP Dimensional US High Profi Et | Add +5.8% | 1.06% | +0.02 |
| KLAC KLA Corp. | New | 0.02% | +0.02 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +1.4% | 1.68% | +0.02 |
| CSCO Cisco Systems Inc. | Add +1.5% | 0.09% | +0.02 |
| UPST Upstart Holdings Inc. | Add +17.0% | 0.07% | +0.02 |
| GPRO Gopro Inc. Class A | Add +1.4% | 0.28% | +0.02 |
| DELL Dell Technologies -C | New | 0.02% | +0.02 |
| ESML iShares ESG Aware MSCI USA S | Add +3.1% | 0.40% | +0.02 |
| GLW Corning Inc. | New | 0.02% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| UNH Unitedhealth Group Inc. | New | 0.02% | +0.02 |
| FIX Comfort Systems USA Inc. | New | 0.02% | +0.02 |
| HWM Howmet Aerospace Inc. | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| KEYS Keysight Technologies Inc. | New | 0.02% | +0.02 |
| SPCX Space Exploration Techn Class A | New | 0.02% | +0.02 |
| C Citigroup Inc. | New | 0.02% | +0.02 |
| XHB SS SPDR S&P Homebldrs ETF | New | 0.02% | +0.02 |
| QCOM Qualcomm Inc. | Add +0.4% | 0.08% | +0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.02% | +0.02 |
| SNPS Synopsys Inc. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | New | 0.01% | +0.01 |
| MO Altria Group Inc. | New | 0.01% | +0.01 |
| TGTX TG Therapeutics Inc. | New | 0.01% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.01% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +1.0% | 0.03% | +0.01 |
| PSA Public Storage | New | 0.01% | +0.01 |
| DE Deere & Co. | New | 0.01% | +0.01 |
| SCZ iShares MSCI Eafe Small-Cap | New | 0.01% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +3.3% | 0.79% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +5.7% | 0.14% | +0.01 |
| CAT Caterpillar Inc. | Add +0.9% | 0.05% | +0.01 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.10% | +0.01 |
| DFEM Dimensional Emrg MRKT Core | Add +11.4% | 0.09% | +0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +0.6% | 1.33% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +16.1% | 0.07% | +0.01 |
| MS Morgan Stanley | Add +1.2% | 0.03% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +8.3% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 187 | $1.5B | SCHF, SCHV, SCHG, MU, FNDX |
| Q1 2026 | 172 | $1.3B | SCHF, SCHV, SCHG, FNDX, BSV |
| Q4 2025 | 169 | $1.3B | SCHF, SCHV, SCHG, FNDX, BSV |
| Q3 2025 | 169 | $1.2B | SCHF, SCHV, FNDX, SCHG, BSV |
| Q2 2025 | 165 | $1.1B | SCHV, SCHF, FNDX, SCHG, BSV |
| Q1 2025 | 156 | $1.0B | SCHV, SCHF, FNDX, BSV, SCHG |
| Q4 2024 | 151 | $1.0B | SCHV, SCHF, FNDX, SCHG, BSV |
| Q3 2024 | 149 | $999.5M | SCHV, SCHF, FNDX, SCHG, BSV |
| Q2 2024 | 139 | $934.5M | SCHV, SCHF, NVDA, BSV, FNDX |
| Q1 2024 | 131 | $861.4M | SCHV, SCHF, FNDX, BSV, SCHG |