Gemmer Asset Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Gemmer Asset Management LLC reported 151 stock positions worth $1.0 billion. Its top holding was Schwab US Large-Cap Value (SCHV) at 10.7% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 8.0%) and Schwab Fndmntl US LRG Co. ETF (FNDX, 5.8%). Compared with Q3 2024, it opened 13 new positions, sold out of 11, added to 79 and reduced 41. The biggest buy was Vanguard Short-Term Bond ETF (BSV, shares +10%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0001607825
- Portfolio Value
- $1.0B (Q4 2024)
- SEC Filing
- 0001420506-25-000032 ↗ filed Jan 16, 2025
Holdings Value
Holdings 151 stocks · $1.0B
| SCHV Schwab US Large-Cap Value | 10.75% | 4,188,511 | $109.2M | Add +2.3% |
| SCHF Schwab Intl Equity ETF | 7.98% | 4,384,015 | $81.1M | Add +6.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.77% | 2,473,879 | $58.6M | Add +4.4% |
| SCHG Schwab US Large-Cap Growth | 4.97% | 1,812,328 | $50.5M | Reduce -3.5% |
| BSV Vanguard Short-Term Bond ETF | 4.62% | 607,519 | $46.9M | Add +10.5% |
| SCHM Schwab US Mid Cap ETF | 4.14% | 1,516,709 | $42.0M | Add +3.3% |
| NVDA Nvidia Corp. | 3.95% | 298,867 | $40.1M | Reduce -0.1% |
| VEA Vanguard Ftse Developed ETF | 3.63% | 770,813 | $36.9M | Reduce -0.8% |
| SCHA Schwab US Small-Cap ETF | 3.41% | 1,341,613 | $34.7M | Reduce -1.1% |
| SPSB SS SPDR P St C Corp. ETF | 2.83% | 963,239 | $28.8M | Add +4.5% |
| SCHB Schwab US Broad Market ETF | 2.60% | 1,161,779 | $26.4M | Add +1.2% |
| NOW ServiceNow Inc. | 2.49% | 23,906 | $25.3M | No change |
| ABM Abm Industries Inc. | 2.37% | 470,587 | $24.1M | Reduce -0.1% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.84% | 388,075 | $18.7M | Add +5.6% |
| PYLD PIMCO Multisector Bond Actv | 1.78% | 698,231 | $18.1M | Add +14.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.71% | 585,448 | $17.4M | Add +4.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.68% | 71,176 | $17.1M | Reduce -2.2% |
| EVI Evi Industries Inc. | 1.65% | 1,022,495 | $16.7M | No change |
| EFAX State Street SPDR MSCI Eafe | 1.51% | 385,271 | $15.3M | Add +8.3% |
| ESGV Vanguard ESG US Stock ETF | 1.46% | 141,062 | $14.8M | Add +10.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.45% | 86,879 | $14.7M | Add +0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.42% | 35,244 | $14.5M | Reduce -1.0% |
| DSI iShares ESG MSCI KLD 400 ETF | 1.37% | 126,319 | $13.9M | Reduce -0.5% |
| AAPL Apple Inc. | 1.26% | 51,331 | $12.9M | Reduce -1.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.19% | 45,953 | $12.1M | Reduce -4.7% |
| IGV iShares Expanded Tech-Softwa | 1.10% | 112,152 | $11.2M | Add +16.0% |
| DUHP Dimensional US High Profi Et | 1.05% | 316,300 | $10.7M | Add +8.9% |
| DFIC Dimensional International Co. | 1.02% | 402,058 | $10.4M | Reduce -5.8% |
| SBUX Starbucks Corp. | 0.99% | 110,087 | $10.0M | Reduce -0.4% |
| BIV Vanguard Intermediate-Term B | 0.91% | 123,479 | $9.2M | Reduce -4.7% |
| DFAS Dimensional US Small Cap ETF | 0.88% | 137,734 | $9.0M | Reduce -0.2% |
| DFAC Dimensional US Core Equity 2 | 0.86% | 253,511 | $8.8M | Add +1.0% |
| DFLV Dim US Large Cap Value ETF | 0.69% | 233,749 | $7.0M | Add +17.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.65% | 81,110 | $6.6M | Add +1.9% |
| AGG iShares Core U.S. Aggregate | 0.62% | 65,157 | $6.3M | Add +0.8% |
| ADBE Adobe Inc. | 0.61% | 13,895 | $6.2M | Reduce -0.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.59% | 224,897 | $6.0M | Add +7.6% |
| IJT iShares S&P Small-Cap 600 GR | 0.59% | 44,241 | $6.0M | No change |
| MSFT Microsoft Corp. | 0.57% | 13,720 | $5.8M | Add +1.3% |
| DFUS Dimensional US Eq MKT ETF | 0.56% | 89,460 | $5.7M | Add +0.1% |
| JAVA JPMorgan Active Value ETF | 0.49% | 78,742 | $5.0M | Reduce -3.8% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.44% | 15,883 | $4.4M | No change |
| IVV iShares Core S&P 500 ETF | 0.43% | 7,348 | $4.3M | Add +2.2% |
| EFA iShares MSCI Eafe ETF | 0.37% | 49,792 | $3.8M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 5,973 | $3.5M | Add +3.3% |
| AMZN Amazon.com Inc. | 0.34% | 15,623 | $3.4M | Reduce -3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 7,142 | $3.2M | Add +2.9% |
| METV Roundhill Ball Metaverse ETF | 0.31% | 5,416 | $3.2M | Add +7.4% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.31% | 60,791 | $3.1M | Add +9.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 9,161 | $2.7M | Add +5.4% |
| MU Micron Technology Inc. | 0.25% | 30,718 | $2.6M | Add +31.8% |
| IWB iShares Russell 1000 ETF | 0.24% | 7,531 | $2.4M | Reduce -0.6% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 50,166 | $2.2M | Add +0.7% |
| GPRO Gopro Inc. Class A | 0.22% | 11,613 | $2.2M | Reduce -11.5% |
| CHAT Roundhill Gen AI & Tech ETF | 0.21% | 52,316 | $2.1M | Add +45.0% |
| TSLA Tesla Inc. | 0.20% | 5,129 | $2.1M | Add +6.0% |
| IVE iShares S&P 500 Value ETF | 0.19% | 10,306 | $2.0M | Add +10.0% |
| QCOM Qualcomm Inc. | 0.18% | 11,852 | $1.8M | Add +0.1% |
| CGGR Cap Group Growth Equity | 0.17% | 47,484 | $1.8M | Reduce -0.2% |
| LHX L3HARRIS Technologies Inc. | 0.16% | 7,718 | $1.6M | Add +1.0% |
| DFSV Dimensional US Small Cap Val | 0.16% | 51,597 | $1.6M | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.14% | 14,124 | $1.4M | Add +6.8% |
| HD Home Depot Inc. | 0.13% | 3,517 | $1.4M | Reduce -10.0% |
| JNJ Johnson & Johnson | 0.13% | 9,298 | $1.3M | Add +11.0% |
| CRM Salesforce Inc. | 0.13% | 3,978 | $1.3M | Add +179.3% |
| ORCL Oracle Corp. | 0.13% | 7,879 | $1.3M | Reduce -21.1% |
| V Visa Inc. Class A | 0.12% | 3,865 | $1.2M | Reduce -4.5% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 18,690 | $1.2M | Add +11.2% |
| KBWB Invesco KBW Bank ETF | 0.11% | 17,681 | $1.2M | New |
| NFLX Netflix Inc. | 0.11% | 1,282 | $1.1M | No change |
| VOOV Vanguard S&P 500 Value ETF | 0.11% | 6,117 | $1.1M | Add +1.1% |
| UPST Upstart Holdings Inc. | 0.11% | 18,015 | $1.1M | Reduce -2.4% |
| DFAE Dimensional Emerging Core Eq | 0.11% | 43,567 | $1.1M | Add +21.8% |
| JPM JPMorgan Chase & Co. | 0.10% | 4,389 | $1.1M | Add +38.8% |
| BND Vanguard Total Bond Market | 0.10% | 14,298 | $1.0M | Add +1.2% |
| ETN Eaton Corp. PLC | 0.10% | 3,072 | $1.0M | Add +1.7% |
| IBIT iShares Bitcoin Trust ETF | 0.09% | 18,165 | $964K | Reduce -2.6% |
| NOBL Proshares S&P 500 Dividend A | 0.09% | 8,774 | $873K | Add +1.1% |
| LLY Eli Lilly & Co. | 0.08% | 1,091 | $843K | Add +4.9% |
| SCHW Schwab (charles) Corp. | 0.08% | 10,565 | $782K | Add +0.8% |
| PCG P G & E Corp. | 0.08% | 38,607 | $779K | Add +0.1% |
| COST Costco Wholesale Corp. | 0.08% | 848 | $777K | Reduce -9.1% |
| DFEM Dimensional Emrg MRKT Core | 0.07% | 27,044 | $708K | Add +2.9% |
| IJR iShares Core S&P Small-Cap E | 0.07% | 6,074 | $700K | Add +3.6% |
| CVX Chevron Corp. | 0.07% | 4,609 | $668K | Reduce -5.7% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 5,178 | $666K | Add +6.2% |
| VIG Vanguard Dividend Apprec ETF | 0.07% | 3,395 | $665K | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.06% | 22,692 | $620K | Add +0.9% |
| PG The Procter & Gamble Co. | 0.06% | 3,612 | $606K | Add +8.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 2,991 | $591K | New |
| CSCO Cisco Systems Inc. | 0.06% | 9,965 | $590K | Add +5.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 13,183 | $579K | Add +1.8% |
| PLTR Palantir Technologies Inc. Class A | 0.06% | 7,448 | $563K | Add +10.0% |
| WMT Walmart Inc. | 0.06% | 6,206 | $561K | Reduce -0.0% |
| ABBV Abbvie Inc. | 0.05% | 3,050 | $542K | Add +21.5% |
| DFAI Dimensional International Co. | 0.05% | 16,052 | $469K | Add +71.2% |
| VOOG Vanguard S&P 500 Growth ETF | 0.04% | 1,211 | $443K | Add +0.3% |
| WDAY Workday Inc. Class A | 0.04% | 1,667 | $430K | No change |
| VONV Vanguard Russell 1000 Value | 0.04% | 5,274 | $429K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.04% | 2,389 | $425K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| VEA Vanguard Ftse Developed ETF | Reduce -0.8% | 3.63% | −0.48 |
| DFIC Dimensional International Co. | Reduce -5.8% | 1.02% | −0.18 |
| ABM Abm Industries Inc. | Reduce -0.1% | 2.37% | −0.12 |
| ADBE Adobe Inc. | Reduce -0.2% | 0.61% | −0.11 |
| BIV Vanguard Intermediate-Term B | Reduce -4.7% | 0.91% | −0.11 |
| DFIV Dimensional International Va | Reduce -68.6% | 0.04% | −0.10 |
| SBUX Starbucks Corp. | Reduce -0.4% | 0.99% | −0.09 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.1% | 3.41% | −0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -4.7% | 1.19% | −0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.2% | 1.68% | −0.04 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.04 |
| ORCL Oracle Corp. | Reduce -21.1% | 0.13% | −0.04 |
| JAVA JPMorgan Active Value ETF | Reduce -3.8% | 0.49% | −0.03 |
| FDM First Trust Dow J Select Mic | Sold out | 0.00% | −0.03 |
| FAF First American Financial | Sold out | 0.00% | −0.03 |
| CBT Cabot Corp. | Sold out | 0.00% | −0.02 |
| HD Home Depot Inc. | Reduce -10.0% | 0.13% | −0.02 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.02 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.02 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.02 |
| ESGD iShares Trust iShares ESG Aw | Reduce -36.9% | 0.03% | −0.02 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.02 |
| DFEV Dimensional Emrg MRKT Val | Sold out | 0.00% | −0.02 |
| AMD Advanced Micro Devices | Reduce -8.9% | 0.03% | −0.02 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.2% | 0.88% | −0.01 |
| INTC Intel Corp. | Reduce -24.6% | 0.02% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -0.5% | 1.37% | −0.01 |
| AMGN Amgen Inc. | Reduce -5.5% | 0.03% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -25.5% | 0.04% | −0.01 |
| CVX Chevron Corp. | Reduce -5.7% | 0.07% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -9.1% | 0.08% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -13.6% | 0.02% | −0.01 |
| DFAX Dimensional World Ex US Core | Reduce -2.7% | 0.03% | −0.00 |
| BOLT PROJS HLDGS INC | Sold out | 0.00% | −0.00 |
| SNPS Synopsys Inc. | Reduce -2.8% | 0.03% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.0% | 0.02% | −0.00 |
| DFCF Dimensional Core Fixed Inc. | Reduce -2.6% | 0.02% | −0.00 |
| GPRO Gopro Inc. Class A | Reduce -11.5% | 0.22% | −0.00 |
| IWM iShares Russell 2000 ETF | Reduce -1.1% | 0.03% | −0.00 |
| IWB iShares Russell 1000 ETF | Reduce -0.6% | 0.24% | +0.00 |
| DIS The Walt Disney Co. | Reduce -0.9% | 0.04% | +0.00 |
| WMT Walmart Inc. | Reduce -0.0% | 0.06% | +0.01 |
| CGGR Cap Group Growth Equity | Reduce -0.2% | 0.17% | +0.01 |
| V Visa Inc. Class A | Reduce -4.5% | 0.12% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Reduce -2.6% | 0.09% | +0.03 |
| AMZN Amazon.com Inc. | Reduce -3.7% | 0.34% | +0.03 |
| UPST Upstart Holdings Inc. | Reduce -2.4% | 0.11% | +0.04 |
| AAPL Apple Inc. | Reduce -1.6% | 1.26% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.0% | 1.42% | +0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| BSV Vanguard Short-Term Bond ETF | Add +10.5% | 4.62% | +0.29 |
| IGV iShares Expanded Tech-Softwa | Add +16.0% | 1.10% | +0.24 |
| ESGV Vanguard ESG US Stock ETF | Add +10.3% | 1.46% | +0.16 |
| PYLD PIMCO Multisector Bond Actv | Add +14.3% | 1.78% | +0.15 |
| KBWB Invesco KBW Bank ETF | New | 0.11% | +0.11 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +5.6% | 1.84% | +0.10 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +4.4% | 5.77% | +0.09 |
| CRM Salesforce Inc. | Add +179.3% | 0.13% | +0.09 |
| TSLA Tesla Inc. | Add +6.0% | 0.20% | +0.08 |
| DFLV Dim US Large Cap Value ETF | Add +17.3% | 0.69% | +0.08 |
| CHAT Roundhill Gen AI & Tech ETF | Add +45.0% | 0.21% | +0.07 |
| SCHM Schwab US Mid Cap ETF | Add +3.3% | 4.14% | +0.07 |
| DUHP Dimensional US High Profi Et | Add +8.9% | 1.05% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.06% | +0.06 |
| SCHB Schwab US Broad Market ETF | Add +1.2% | 2.60% | +0.05 |
| NEE Nextera Energy Inc. | New | 0.04% | +0.04 |
| SPSB SS SPDR P St C Corp. ETF | Add +4.5% | 2.83% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +38.8% | 0.10% | +0.04 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +4.0% | 1.71% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +10.0% | 0.06% | +0.03 |
| DHS Wisdomtree US High Dividend | New | 0.03% | +0.03 |
| TGT Target Corp. | New | 0.03% | +0.03 |
| SHOP Shopify Inc. Class A | New | 0.02% | +0.02 |
| METV Roundhill Ball Metaverse ETF | Add +7.4% | 0.31% | +0.02 |
| T AT&T Inc. | New | 0.02% | +0.02 |
| TMUS T-Mobile US Inc. | New | 0.02% | +0.02 |
| LNG Cheniere Energy Inc. | New | 0.02% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | New | 0.02% | +0.02 |
| XLF SS Financial Select Sector | New | 0.02% | +0.02 |
| VRSK Verisk Analytics Inc. | New | 0.02% | +0.02 |
| DFAI Dimensional International Co. | Add +71.2% | 0.05% | +0.02 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +9.0% | 0.31% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.4% | 0.26% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +6.8% | 0.14% | +0.01 |
| MU Micron Technology Inc. | Add +31.8% | 0.25% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.3% | 0.34% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.2% | 0.43% | +0.01 |
| DFAE Dimensional Emerging Core Eq | Add +21.8% | 0.11% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +11.2% | 0.11% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +0.8% | 0.08% | +0.01 |
| IVE iShares S&P 500 Value ETF | Add +10.0% | 0.19% | +0.01 |
| CSCO Cisco Systems Inc. | Add +5.0% | 0.06% | +0.01 |
| BAC Bank of America Corp. | Add +1.8% | 0.06% | +0.01 |
| DFUS Dimensional US Eq MKT ETF | Add +0.1% | 0.56% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +6.2% | 0.07% | +0.00 |
| COP Conocophillips | Add +26.4% | 0.03% | +0.00 |
| ABBV Abbvie Inc. | Add +21.5% | 0.05% | +0.00 |
| MRK Merck & Co. Inc. | Add +27.5% | 0.04% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +26.2% | 0.03% | +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 |