Gemmer Asset Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 16, 2024), Gemmer Asset Management LLC reported 139 stock positions worth $934.5 million. Its top holding was Schwab US Large-Cap Value (SCHV) at 10.6% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 8.3%) and Nvidia (NVDA, 5.8%). Compared with Q1 2024, it opened 16 new positions, sold out of 8, added to 76 and reduced 25. The biggest buy was Nvidia (NVDA, shares +89%) and the biggest sale an exit from Snowflake (SNOW).

Most Recent 13F
Q2 2026
Location
WALNUT CREEK, CA
CIK
0001607825
Portfolio Value
$934.5M (Q2 2024)
SEC Filing
0001420506-24-001110 ↗ filed Jul 16, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $861.4M Q1 2024 Q2 2024: $934.5M $934.5M Q2 2024 Q3 2024: $999.5M Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 139 stocks · $934.5M
SCHV Schwab US Large-Cap Value 10.61% 1,337,883 $99.1M Add +4.0%
SCHF Schwab Intl Equity ETF 8.29% 2,016,446 $77.5M Add +2.9%
NVDA Nvidia Corp. 5.84% 441,944 $54.6M Add +88.8%
BSV Vanguard Short-Term Bond ETF 5.59% 681,114 $52.2M Add +5.6%
FNDX Schwab Fndmntl US LRG Co. ETF 5.53% 772,112 $51.7M Add +4.8%
SCHG Schwab US Large-Cap Growth 5.11% 473,325 $47.7M Add +0.5%
VEA Vanguard Ftse Developed ETF 4.15% 785,000 $38.8M Add +0.8%
SCHM Schwab US Mid Cap ETF 4.01% 481,378 $37.5M Add +3.5%
SCHA Schwab US Small-Cap ETF 3.40% 670,550 $31.8M Add +0.2%
SPSB SS SPDR P St C Corp. ETF 2.88% 906,725 $26.9M Add +4.9%
SCHB Schwab US Broad Market ETF 2.64% 392,249 $24.7M Add +2.2%
ABM Abm Industries Inc. 2.55% 471,034 $23.8M No change
EVI Evi Industries Inc. 2.07% 1,022,495 $19.3M No change
NOW ServiceNow Inc. 2.01% 23,893 $18.8M Add +9.0%
VB Vanguard Most SM-Cap ETF-Usd 1.68% 71,905 $15.7M Add +0.9%
SPYX SS SPDR S&P 500 Foss FL ETF 1.65% 346,049 $15.4M Add +8.6%
FNDA Schwab Fndmntl US SM Co. ETF 1.61% 273,349 $15.0M Add +3.2%
EFAX State Street SPDR MSCI Eafe 1.46% 335,288 $13.7M Add +11.2%
VTV Vanguard Mrngstr Val ETF-Aui 1.43% 83,531 $13.4M Add +1.8%
VUG Vanguard Mrngstar GR ETF-Sui 1.41% 35,281 $13.2M Add +0.8%
DSI iShares ESG MSCI KLD 400 ETF 1.34% 120,532 $12.5M Add +9.7%
DFIC Dimensional International Co. 1.25% 443,741 $11.7M Add +2.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.24% 47,976 $11.6M Add +0.3%
ESGV Vanguard ESG US Stock ETF 1.18% 114,510 $11.1M Add +10.6%
BIV Vanguard Intermediate-Term B 1.01% 126,475 $9.5M Add +5.1%
AAPL Apple Inc. 0.97% 43,138 $9.1M Reduce -1.9%
DUHP Dimensional US High Profi Et 0.96% 279,684 $8.9M Add +30.0%
SBUX Starbucks Corp. 0.93% 111,106 $8.6M Reduce -1.0%
DFAS Dimensional US Small Cap ETF 0.89% 139,128 $8.4M Add +0.4%
IGV iShares Expanded Tech-Softwa 0.89% 95,931 $8.3M No change
SHY iShares 1-3 Year Treasury Bo 0.89% 101,306 $8.3M Reduce -0.4%
CRWD CrowdStrike Holdings Inc. Class A 0.86% 21,000 $8.0M New
DFAC Dimensional US Core Equity 2 0.83% 239,450 $7.7M Add +74.0%
ADBE Adobe Inc. 0.82% 13,860 $7.7M Reduce -0.6%
AGG iShares Core U.S. Aggregate 0.66% 63,900 $6.2M Add +0.7%
MSFT Microsoft Corp. 0.65% 13,504 $6.0M Reduce -0.5%
DFLV Dim US Large Cap Value ETF 0.59% 190,580 $5.5M Add +16.2%
DFUS Dimensional US Eq MKT ETF 0.56% 89,134 $5.2M Add +1.6%
SCHE Schwab Emrg Mrkts Eqty ETF 0.55% 194,539 $5.2M Add +3.2%
JAVA JPMorgan Active Value ETF 0.52% 81,700 $4.8M New
IVV iShares Core S&P 500 ETF 0.43% 7,381 $4.0M Add +1.2%
EFA iShares MSCI Eafe ETF 0.41% 49,416 $3.9M Add +0.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.34% 5,840 $3.2M Reduce -16.3%
AMZN Amazon.com Inc. 0.34% 16,286 $3.1M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.30% 6,942 $2.8M Add +49.7%
IGSB iShares 1-5Y Inv Grade Corp. 0.29% 52,763 $2.7M Add +0.6%
METV Roundhill Ball Metaverse ETF 0.27% 5,067 $2.6M Add +1.0%
GPRO Gopro Inc. Class A 0.26% 13,396 $2.4M Add +12.7%
VWO Vanguard Ftse Emerging Marke 0.25% 53,987 $2.4M Add +0.4%
IWB iShares Russell 1000 ETF 0.22% 7,013 $2.1M Reduce -0.9%
CGGR Cap Group Growth Equity 0.18% 52,463 $1.7M New
LHX L3HARRIS Technologies Inc. 0.18% 7,643 $1.7M No change
DFSV Dimensional US Small Cap Val 0.17% 53,750 $1.5M Add +346.6%
IVE iShares S&P 500 Value ETF 0.16% 7,976 $1.5M Add +1.5%
ORCL Oracle Corp. 0.15% 9,981 $1.4M Add +52.9%
VTI VG Morningstar TS MKT ETF-US 0.15% 5,247 $1.4M Add +18.7%
HD Home Depot Inc. 0.14% 3,905 $1.3M Add +44.8%
CHAT Roundhill Gen AI & Tech ETF 0.14% 34,884 $1.3M Add +42.7%
DFIV Dimensional International Va 0.14% 35,475 $1.3M Add +221.7%
V Visa Inc. Class A 0.12% 4,154 $1.1M Add +0.9%
VOOV Vanguard S&P 500 Value ETF 0.11% 6,015 $1.1M No change
BND Vanguard Total Bond Market 0.11% 13,995 $1.0M Add +0.9%
ETN Eaton Corp. PLC 0.10% 3,051 $957K Reduce -0.0%
LLY Eli Lilly & Co. 0.10% 1,047 $948K Add +2.3%
TSLA Tesla Inc. 0.10% 4,660 $922K Reduce -17.1%
DFAE Dimensional Emerging Core Eq 0.10% 35,585 $921K New
IVW iShares S&P 500 Growth ETF 0.10% 9,677 $896K Add +1.1%
JNJ Johnson & Johnson 0.09% 6,019 $880K Reduce -1.4%
NFLX Netflix Inc. 0.09% 1,260 $850K Reduce -6.4%
NOBL Proshares S&P 500 Dividend A 0.09% 8,631 $830K No change
QCOM Qualcomm Inc. 0.09% 4,031 $803K Add +65.9%
COST Costco Wholesale Corp. 0.08% 933 $793K Add +5.7%
SCHW Schwab (charles) Corp. 0.08% 10,574 $779K Reduce -21.7%
IJH iShares Core S&P Midcap ETF 0.08% 13,231 $774K Add +3.5%
CVX Chevron Corp. 0.07% 4,376 $684K Add +8.6%
PCG P G & E Corp. 0.07% 38,282 $668K Add +39.5%
DFEM Dimensional Emrg MRKT Core 0.07% 24,587 $657K Add +27.0%
VIG Vanguard Dividend Apprec ETF 0.07% 3,481 $635K No change
JPM JPMorgan Chase & Co. 0.07% 3,135 $634K Add +1.6%
ITOT iShares Core S&P Total U.S. 0.06% 4,878 $579K No change
SCHD Schwab US DVD Equity ETF 0.06% 7,352 $572K Reduce -6.1%
IBIT iShares Bitcoin Trust ETF 0.06% 16,661 $569K Add +73.0%
PG The Procter & Gamble Co. 0.06% 3,332 $550K Add +31.5%
IJR iShares Core S&P Small-Cap E 0.06% 5,000 $533K Reduce -1.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 13,089 $521K Add +0.3%
ESGD iShares Trust iShares ESG Aw 0.05% 6,311 $497K Reduce -2.4%
INTC Intel Corp. 0.05% 15,553 $482K Reduce -6.5%
CSCO Cisco Systems Inc. 0.05% 9,960 $473K Add +8.6%
AMGN Amgen Inc. 0.05% 1,443 $451K Add +75.3%
ABBV Abbvie Inc. 0.05% 2,616 $449K Add +0.0%
MA Mastercard Inc. Class A 0.05% 1,016 $448K Reduce -3.3%
UPST Upstart Holdings Inc. 0.05% 18,461 $435K Add +110.0%
MRK Merck & Co. Inc. 0.05% 3,441 $426K Reduce -3.5%
WMT Walmart Inc. 0.04% 6,201 $420K Reduce -2.7%
CRM Salesforce Inc. 0.04% 1,631 $419K Add +0.7%
VONV Vanguard Russell 1000 Value 0.04% 5,274 $404K No change
VOOG Vanguard S&P 500 Growth ETF 0.04% 1,206 $402K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 3,861 $383K Reduce -14.8%
WDAY Workday Inc. Class A 0.04% 1,707 $382K No change
QUAL iShares MSCI USA Quality Fac 0.04% 2,232 $381K New

Show all 139 holdings

Portfolio Sells Q1 2024 → Q2 2024
SNOW Snowflake Inc. Sold out 0.00% −0.88
SBUX Starbucks Corp. Reduce -1.0% 0.93% −0.27
SPY SS SPDR S&P 500 ETF Trust-US Reduce -16.3% 0.34% −0.08
SHY iShares 1-3 Year Treasury Bo Reduce -0.4% 0.89% −0.08
CRAK Vaneck Oil Refiners ETF Sold out 0.00% −0.07
PEP Pepsico Inc. Sold out 0.00% −0.04
INTC Intel Corp. Reduce -6.5% 0.05% −0.03
ITCI Intra-Cellular Therapies Inc. Sold out 0.00% −0.03
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
SCHW Schwab (charles) Corp. Reduce -21.7% 0.08% −0.03
WY Weyerhaeuser Co. Sold out 0.00% −0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.02
DFCF Dimensional Core Fixed Inc. Sold out 0.00% −0.02
DIS The Walt Disney Co. Reduce -14.8% 0.04% −0.02
JNJ Johnson & Johnson Reduce -1.4% 0.09% −0.02
MSFT Microsoft Corp. Reduce -0.5% 0.65% −0.02
TSLA Tesla Inc. Reduce -17.1% 0.10% −0.02
IWB iShares Russell 1000 ETF Reduce -0.9% 0.22% −0.01
SCHD Schwab US DVD Equity ETF Reduce -6.1% 0.06% −0.01
MA Mastercard Inc. Class A Reduce -3.3% 0.05% −0.01
ABT Abbott Laboratories Reduce -11.8% 0.03% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -18.5% 0.03% −0.01
MRK Merck & Co. Inc. Reduce -3.5% 0.05% −0.01
ETN Eaton Corp. PLC Reduce -0.0% 0.10% −0.01
IJR iShares Core S&P Small-Cap E Reduce -1.4% 0.06% −0.01
UNH Unitedhealth Group Inc. Reduce -13.1% 0.04% −0.01
IWM iShares Russell 2000 ETF Reduce -15.0% 0.02% −0.01
ESGD iShares Trust iShares ESG Aw Reduce -2.4% 0.05% −0.01
DIHP Dimensional International Hi Reduce -4.4% 0.03% −0.01
NFLX Netflix Inc. Reduce -6.4% 0.09% −0.00
WMT Walmart Inc. Reduce -2.7% 0.04% +0.00
ADBE Adobe Inc. Reduce -0.6% 0.82% +0.01
AAPL Apple Inc. Reduce -1.9% 0.97% +0.10

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +88.8% 5.84% +3.39
CRWD CrowdStrike Holdings Inc. Class A New 0.86% +0.86
JAVA JPMorgan Active Value ETF New 0.52% +0.52
DFAC Dimensional US Core Equity 2 Add +74.0% 0.83% +0.32
CGGR Cap Group Growth Equity New 0.18% +0.18
DUHP Dimensional US High Profi Et Add +30.0% 0.96% +0.17
DFSV Dimensional US Small Cap Val Add +346.6% 0.17% +0.12
DFAE Dimensional Emerging Core Eq New 0.10% +0.10
DFIV Dimensional International Va Add +221.7% 0.14% +0.09
BRK.B Berkshire Hathaway Inc. Class B Add +49.7% 0.30% +0.08
NOW ServiceNow Inc. Add +9.0% 2.01% +0.07
SPYX SS SPDR S&P 500 Foss FL ETF Add +8.6% 1.65% +0.07
ESGV Vanguard ESG US Stock ETF Add +10.6% 1.18% +0.06
ORCL Oracle Corp. Add +52.9% 0.15% +0.06
DSI iShares ESG MSCI KLD 400 ETF Add +9.7% 1.34% +0.05
GPRO Gopro Inc. Class A Add +12.7% 0.26% +0.05
QUAL iShares MSCI USA Quality Fac New 0.04% +0.04
AMT American Tower Corp. New 0.04% +0.04
CHAT Roundhill Gen AI & Tech ETF Add +42.7% 0.14% +0.04
QCOM Qualcomm Inc. Add +65.9% 0.09% +0.04
SCHG Schwab US Large-Cap Growth Add +0.5% 5.11% +0.04
FDM First Trust Dow J Select Mic New 0.03% +0.03
DFEV Dimensional Emrg MRKT Val New 0.03% +0.03
GILD Gilead Sciences Inc. New 0.03% +0.03
XOM Exxon Mobil Corp. New 0.03% +0.03
HD Home Depot Inc. Add +44.8% 0.14% +0.02
ISRG Intuitive Surgical Inc. New 0.02% +0.02
UNP Union Pacific Corp. New 0.02% +0.02
PANW Palo Alto Networks Inc. New 0.02% +0.02
VNQ Vanguard Real Estate ETF New 0.02% +0.02
DISV Dimensional International SM New 0.02% +0.02
IEMG iShares Core MSCI Emerging New 0.02% +0.02
AMGN Amgen Inc. Add +75.3% 0.05% +0.02
UPST Upstart Holdings Inc. Add +110.0% 0.05% +0.02
DFLV Dim US Large Cap Value ETF Add +16.2% 0.59% +0.02
PCG P G & E Corp. Add +39.5% 0.07% +0.02
VTI VG Morningstar TS MKT ETF-US Add +18.7% 0.15% +0.02
IBIT iShares Bitcoin Trust ETF Add +73.0% 0.06% +0.02
VUG Vanguard Mrngstar GR ETF-Sui Add +0.8% 1.41% +0.01
DFEM Dimensional Emrg MRKT Core Add +27.0% 0.07% +0.01
PG The Procter & Gamble Co. Add +31.5% 0.06% +0.01
DFAX Dimensional World Ex US Core Add +58.4% 0.03% +0.01
COST Costco Wholesale Corp. Add +5.7% 0.08% +0.01
LLY Eli Lilly & Co. Add +2.3% 0.10% +0.01
EFAX State Street SPDR MSCI Eafe Add +11.2% 1.46% +0.01
DFAI Dimensional International Co. Add +19.1% 0.03% +0.00
IBM Intl Business Machines Corp. Add +31.3% 0.03% +0.00
IVW iShares S&P 500 Growth ETF Add +1.1% 0.10% +0.00
TGT Target Corp. Add +35.5% 0.03% +0.00
SCHE Schwab Emrg Mrkts Eqty ETF Add +3.2% 0.55% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 187$1.5BSCHF, SCHV, SCHG, MU, FNDX
Q1 2026 172$1.3BSCHF, SCHV, SCHG, FNDX, BSV
Q4 2025 169$1.3BSCHF, SCHV, SCHG, FNDX, BSV
Q3 2025 169$1.2BSCHF, SCHV, FNDX, SCHG, BSV
Q2 2025 165$1.1BSCHV, SCHF, FNDX, SCHG, BSV
Q1 2025 156$1.0BSCHV, SCHF, FNDX, BSV, SCHG
Q4 2024 151$1.0BSCHV, SCHF, FNDX, SCHG, BSV
Q3 2024 149$999.5MSCHV, SCHF, FNDX, SCHG, BSV
Q2 2024 139$934.5MSCHV, SCHF, NVDA, BSV, FNDX
Q1 2024 131$861.4MSCHV, SCHF, FNDX, BSV, SCHG