Gemmer Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 24, 2024), Gemmer Asset Management LLC reported 131 stock positions worth $861.4 million. Its top holding was Schwab US Large-Cap Value (SCHV) at 11.3% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 8.9%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 5.8%). Compared with Q4 2023, it opened 11 new positions, sold out of 7, added to 65 and reduced 37. The biggest buy was Schwab US Large-Cap Value (SCHV, shares +2%) and the biggest sale an exit from Invesco Solar ETF (TAN).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0001607825
- Portfolio Value
- $861.4M (Q1 2024)
- SEC Filing
- 0001420506-24-000637 ↗ filed Apr 24, 2024
Holdings Value
Holdings 131 stocks · $861.4M
| SCHV Schwab US Large-Cap Value | 11.34% | 1,286,125 | $97.7M | Add +1.5% |
| SCHF Schwab Intl Equity ETF | 8.87% | 1,958,766 | $76.4M | Reduce -10.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.77% | 736,946 | $49.7M | Add +1.3% |
| BSV Vanguard Short-Term Bond ETF | 5.74% | 644,970 | $49.4M | Add +7.3% |
| SCHG Schwab US Large-Cap Growth | 5.07% | 471,156 | $43.7M | Reduce -3.2% |
| VEA Vanguard Ftse Developed ETF | 4.54% | 778,827 | $39.1M | Reduce -11.7% |
| SCHM Schwab US Mid Cap ETF | 4.40% | 465,248 | $37.9M | Reduce -0.3% |
| SCHA Schwab US Small-Cap ETF | 3.82% | 669,044 | $32.9M | Reduce -5.5% |
| SPSB SS SPDR P St C Corp. ETF | 2.99% | 864,579 | $25.7M | Add +0.1% |
| EVI Evi Industries Inc. | 2.96% | 1,022,495 | $25.5M | No change |
| SCHB Schwab US Broad Market ETF | 2.72% | 383,697 | $23.4M | Add +0.0% |
| NVDA Nvidia Corp. | 2.46% | 23,413 | $21.2M | Reduce -0.5% |
| ABM Abm Industries Inc. | 2.44% | 471,034 | $21.0M | No change |
| NOW ServiceNow Inc. | 1.94% | 21,922 | $16.7M | Add +16.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.89% | 71,244 | $16.3M | Add +1.6% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.75% | 264,819 | $15.1M | Reduce -3.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.58% | 318,522 | $13.6M | Add +26.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.55% | 82,018 | $13.4M | Add +1.6% |
| EFAX State Street SPDR MSCI Eafe | 1.46% | 301,609 | $12.5M | Add +8.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.40% | 34,992 | $12.0M | Add +0.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.39% | 47,818 | $11.9M | Reduce -1.0% |
| DFIC Dimensional International Co. | 1.35% | 433,506 | $11.6M | Reduce -6.1% |
| DSI iShares ESG MSCI KLD 400 ETF | 1.29% | 109,925 | $11.1M | Add +4.2% |
| SBUX Starbucks Corp. | 1.19% | 112,248 | $10.3M | Add +0.2% |
| ESGV Vanguard ESG US Stock ETF | 1.12% | 103,520 | $9.6M | Add +11.9% |
| BIV Vanguard Intermediate-Term B | 1.05% | 120,300 | $9.1M | Add +0.1% |
| DFAS Dimensional US Small Cap ETF | 1.00% | 138,616 | $8.6M | Reduce -2.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.97% | 101,748 | $8.3M | Add +6.2% |
| IGV iShares Expanded Tech-Softwa | 0.95% | 95,931 | $8.2M | Reduce -1.5% |
| SNOW Snowflake Inc. | 0.88% | 46,805 | $7.6M | Add +31.0% |
| AAPL Apple Inc. | 0.87% | 43,949 | $7.5M | Add +2.0% |
| ADBE Adobe Inc. | 0.82% | 13,947 | $7.0M | Add +0.2% |
| DUHP Dimensional US High Profi Et | 0.79% | 215,072 | $6.8M | Add +36.5% |
| AGG iShares Core U.S. Aggregate | 0.72% | 63,462 | $6.2M | Add +1.8% |
| MSFT Microsoft Corp. | 0.66% | 13,573 | $5.7M | Add +0.2% |
| DFUS Dimensional US Eq MKT ETF | 0.58% | 87,693 | $5.0M | Reduce -1.6% |
| DFLV Dim US Large Cap Value ETF | 0.57% | 163,950 | $4.9M | Add +5.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.55% | 188,468 | $4.8M | Reduce -4.9% |
| DFAC Dimensional US Core Equity 2 | 0.51% | 137,575 | $4.4M | Add +8.7% |
| EFA iShares MSCI Eafe ETF | 0.45% | 49,035 | $3.9M | Reduce -6.9% |
| IVV iShares Core S&P 500 ETF | 0.45% | 7,294 | $3.8M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 6,974 | $3.6M | Reduce -26.9% |
| AMZN Amazon.com Inc. | 0.34% | 16,266 | $2.9M | Reduce -3.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.31% | 52,473 | $2.7M | Add +4.3% |
| METV Roundhill Ball Metaverse ETF | 0.28% | 5,016 | $2.4M | Add +55.3% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 53,767 | $2.2M | Add +24.3% |
| IWB iShares Russell 1000 ETF | 0.24% | 7,079 | $2.0M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 4,637 | $1.9M | Reduce -0.3% |
| GPRO Gopro Inc. Class A | 0.21% | 11,887 | $1.8M | Add +2.4% |
| LHX L3HARRIS Technologies Inc. | 0.19% | 7,643 | $1.6M | No change |
| IVE iShares S&P 500 Value ETF | 0.17% | 7,857 | $1.5M | Add +1.8% |
| V Visa Inc. Class A | 0.13% | 4,117 | $1.1M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 4,419 | $1.1M | Add +0.5% |
| VOOV Vanguard S&P 500 Value ETF | 0.13% | 6,015 | $1.1M | New |
| HD Home Depot Inc. | 0.12% | 2,696 | $1.0M | Add +4.0% |
| BND Vanguard Total Bond Market | 0.12% | 13,869 | $1.0M | New |
| TSLA Tesla Inc. | 0.11% | 5,618 | $988K | Reduce -3.2% |
| SCHW Schwab (charles) Corp. | 0.11% | 13,501 | $977K | Add +6.6% |
| JNJ Johnson & Johnson | 0.11% | 6,106 | $966K | Add +0.0% |
| ETN Eaton Corp. PLC | 0.11% | 3,052 | $954K | Add +5.0% |
| NOBL Proshares S&P 500 Dividend A | 0.10% | 8,631 | $875K | Add +42.2% |
| CHAT Roundhill Gen AI & Tech ETF | 0.10% | 24,443 | $870K | New |
| ORCL Oracle Corp. | 0.10% | 6,529 | $820K | Add +0.1% |
| NFLX Netflix Inc. | 0.09% | 1,346 | $817K | Add +3.2% |
| IVW iShares S&P 500 Growth ETF | 0.09% | 9,576 | $809K | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.09% | 1,024 | $797K | No change |
| IJH iShares Core S&P Midcap ETF | 0.09% | 12,789 | $777K | Add +1.3% |
| INTC Intel Corp. | 0.09% | 16,626 | $734K | Add +0.0% |
| COST Costco Wholesale Corp. | 0.08% | 883 | $647K | Add +10.9% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 3,481 | $636K | Reduce -0.8% |
| CVX Chevron Corp. | 0.07% | 4,029 | $636K | Reduce -19.7% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 7,830 | $631K | Add +69.1% |
| CRAK Vaneck Oil Refiners ETF | 0.07% | 16,264 | $624K | New |
| JPM JPMorgan Chase & Co. | 0.07% | 3,087 | $618K | Add +0.0% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 4,878 | $562K | No change |
| IJR iShares Core S&P Small-Cap E | 0.07% | 5,070 | $560K | Reduce -15.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 4,529 | $554K | Add +5.8% |
| ESGD iShares Trust iShares ESG Aw | 0.06% | 6,464 | $517K | Add +2.3% |
| MA Mastercard Inc. Class A | 0.06% | 1,051 | $506K | Add +7.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 13,052 | $495K | Reduce -7.2% |
| DFEM Dimensional Emrg MRKT Core | 0.06% | 19,363 | $494K | Add +9.5% |
| CRM Salesforce Inc. | 0.06% | 1,619 | $488K | Reduce -2.5% |
| ABBV Abbvie Inc. | 0.06% | 2,615 | $476K | Reduce -2.6% |
| MRK Merck & Co. Inc. | 0.05% | 3,567 | $471K | Add +14.6% |
| WDAY Workday Inc. Class A | 0.05% | 1,707 | $466K | No change |
| PCG P G & E Corp. | 0.05% | 27,434 | $460K | Add +4.4% |
| CSCO Cisco Systems Inc. | 0.05% | 9,169 | $458K | Add +10.4% |
| VONV Vanguard Russell 1000 Value | 0.05% | 5,274 | $415K | No change |
| QCOM Qualcomm Inc. | 0.05% | 2,430 | $411K | Add +0.0% |
| PG The Procter & Gamble Co. | 0.05% | 2,534 | $411K | Reduce -1.0% |
| DFIV Dimensional International Va | 0.05% | 11,027 | $405K | Reduce -3.1% |
| UNH Unitedhealth Group Inc. | 0.05% | 796 | $394K | Add +15.0% |
| IBIT iShares Bitcoin Trust ETF | 0.05% | 9,631 | $390K | New |
| WMT Walmart Inc. | 0.04% | 6,373 | $383K | Add +0.1% |
| AMD Advanced Micro Devices | 0.04% | 2,075 | $375K | Reduce -6.5% |
| VOOG Vanguard S&P 500 Growth ETF | 0.04% | 1,206 | $368K | New |
| DFSV Dimensional US Small Cap Val | 0.04% | 12,036 | $362K | Add +0.2% |
| ABT Abbott Laboratories | 0.04% | 3,132 | $356K | Add +13.4% |
| DIHP Dimensional International Hi | 0.04% | 12,594 | $339K | Reduce -11.9% |
| PEP Pepsico Inc. | 0.04% | 1,900 | $333K | Add +8.7% |
Portfolio Sells Q4 2023 → Q1 2024
| TAN Invesco Solar ETF | Sold out | 0.00% | −1.12 |
| SCHF Schwab Intl Equity ETF | Reduce -10.4% | 8.87% | −1.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -11.7% | 4.54% | −0.65 |
| SCHA Schwab US Small-Cap ETF | Reduce -5.5% | 3.82% | −0.28 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -26.9% | 0.42% | −0.13 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -3.4% | 1.75% | −0.11 |
| DFIC Dimensional International Co. | Reduce -6.1% | 1.35% | −0.10 |
| TSLA Tesla Inc. | Reduce -3.2% | 0.11% | −0.06 |
| EMQQ Emg MKT Internet ETF-USA Inc. | Sold out | 0.00% | −0.05 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -4.9% | 0.55% | −0.05 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.05 |
| DFAS Dimensional US Small Cap ETF | Reduce -2.4% | 1.00% | −0.04 |
| SCHC Schwab Intl Small-Cap Equity | Sold out | 0.00% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -6.9% | 0.45% | −0.03 |
| BA The Boeing Co. | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.03 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.03 |
| ITCI Intra-Cellular Therapies Inc. | Reduce -33.3% | 0.03% | −0.02 |
| IGV iShares Expanded Tech-Softwa | Reduce -1.5% | 0.95% | −0.02 |
| CVX Chevron Corp. | Reduce -19.7% | 0.07% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -15.8% | 0.07% | −0.01 |
| DFAX Dimensional World Ex US Core | Reduce -31.9% | 0.02% | −0.01 |
| DFCF Dimensional Core Fixed Inc. | Reduce -15.4% | 0.02% | −0.01 |
| DIHP Dimensional International Hi | Reduce -11.9% | 0.04% | −0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -9.6% | 0.03% | −0.00 |
| AMGN Amgen Inc. | Reduce -4.9% | 0.03% | −0.00 |
| INTU Intuit Inc. | Reduce -6.7% | 0.03% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -4.5% | 0.03% | −0.00 |
| DFIV Dimensional International Va | Reduce -3.1% | 0.05% | −0.00 |
| BAC Bank of America Corp. | Reduce -7.2% | 0.06% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.8% | 0.07% | +0.00 |
| PG The Procter & Gamble Co. | Reduce -1.0% | 0.05% | +0.00 |
| CRM Salesforce Inc. | Reduce -2.5% | 0.06% | +0.00 |
| AMD Advanced Micro Devices | Reduce -6.5% | 0.04% | +0.00 |
| ABBV Abbvie Inc. | Reduce -2.6% | 0.06% | +0.00 |
| IWB iShares Russell 1000 ETF | Reduce -1.7% | 0.24% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.1% | 0.09% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.0% | 1.39% | +0.01 |
| DFUS Dimensional US Eq MKT ETF | Reduce -1.6% | 0.58% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.23% | +0.02 |
| AMZN Amazon.com Inc. | Reduce -3.3% | 0.34% | +0.03 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.3% | 4.40% | +0.09 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.2% | 5.07% | +0.11 |
| NVDA Nvidia Corp. | Reduce -0.5% | 2.46% | +1.03 |
Portfolio Buys Q4 2023 → Q1 2024
| SCHV Schwab US Large-Cap Value | Add +1.5% | 11.34% | +0.45 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +26.3% | 1.58% | +0.38 |
| NOW ServiceNow Inc. | Add +16.2% | 1.94% | +0.30 |
| DUHP Dimensional US High Profi Et | Add +36.5% | 0.79% | +0.24 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.3% | 5.77% | +0.24 |
| ESGV Vanguard ESG US Stock ETF | Add +11.9% | 1.12% | +0.15 |
| METV Roundhill Ball Metaverse ETF | Add +55.3% | 0.28% | +0.14 |
| EFAX State Street SPDR MSCI Eafe | Add +8.6% | 1.46% | +0.13 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.13% | +0.13 |
| BND Vanguard Total Bond Market | New | 0.12% | +0.12 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +4.2% | 1.29% | +0.11 |
| CHAT Roundhill Gen AI & Tech ETF | New | 0.10% | +0.10 |
| SCHB Schwab US Broad Market ETF | Add +0.0% | 2.72% | +0.10 |
| CRAK Vaneck Oil Refiners ETF | New | 0.07% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.6% | 1.55% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.4% | 1.40% | +0.07 |
| BSV Vanguard Short-Term Bond ETF | Add +7.3% | 5.74% | +0.06 |
| DFAC Dimensional US Core Equity 2 | Add +8.7% | 0.51% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.6% | 1.89% | +0.05 |
| DFLV Dim US Large Cap Value ETF | Add +5.0% | 0.57% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | New | 0.05% | +0.05 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.04% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +24.3% | 0.26% | +0.04 |
| MSFT Microsoft Corp. | Add +0.2% | 0.66% | +0.04 |
| NOBL Proshares S&P 500 Dividend A | Add +42.2% | 0.10% | +0.03 |
| SCHD Schwab US DVD Equity ETF | Add +69.1% | 0.07% | +0.03 |
| TGT Target Corp. | New | 0.03% | +0.03 |
| IBM Intl Business Machines Corp. | New | 0.03% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.03% | +0.03 |
| ETN Eaton Corp. PLC | Add +5.0% | 0.11% | +0.02 |
| ARTY iShares Future AI & Tech ETF | New | 0.02% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +1.5% | 0.45% | +0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.02% | +0.02 |
| NFLX Netflix Inc. | Add +3.2% | 0.09% | +0.02 |
| DIS The Walt Disney Co. | Add +5.8% | 0.06% | +0.02 |
| MRK Merck & Co. Inc. | Add +14.6% | 0.05% | +0.01 |
| ORCL Oracle Corp. | Add +0.1% | 0.10% | +0.01 |
| COST Costco Wholesale Corp. | Add +10.9% | 0.08% | +0.01 |
| HD Home Depot Inc. | Add +4.0% | 0.12% | +0.01 |
| GPRO Gopro Inc. Class A | Add +2.4% | 0.21% | +0.01 |
| MA Mastercard Inc. Class A | Add +7.3% | 0.06% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +22.7% | 0.04% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 0.07% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +6.6% | 0.11% | +0.01 |
| IVE iShares S&P 500 Value ETF | Add +1.8% | 0.17% | +0.01 |
| SNOW Snowflake Inc. | Add +31.0% | 0.88% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.5% | 0.13% | +0.01 |
| QCOM Qualcomm Inc. | Add +0.0% | 0.05% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +1.3% | 0.09% | +0.00 |
| ABT Abbott Laboratories | Add +13.4% | 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 |