Gemmer Asset Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 23, 2026), Gemmer Asset Management LLC reported 172 stock positions worth $1.3 billion. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.9% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 8.3%) and Schwab US Large-Cap Growth (SCHG, 7.1%). Compared with Q4 2025, it opened 14 new positions, sold out of 11, added to 88 and reduced 58. The biggest buy was iShares 1-5Y Inv Grade (IGSB, shares +507%) and the biggest sale an exit from Evi Industries (EVI).
- Most Recent 13F
- Q2 2026
- Location
- WALNUT CREEK, CA
- CIK
- 0001607825
- Portfolio Value
- $1.3B (Q1 2026)
- SEC Filing
- 0001420506-26-000710 ↗ filed Apr 23, 2026
Holdings Value
Holdings 172 stocks · $1.3B
| SCHF Schwab Intl Equity ETF | 11.93% | 6,097,616 | $150.9M | Add +2.5% |
| SCHV Schwab US Large-Cap Value | 8.27% | 3,432,547 | $104.7M | Reduce -6.8% |
| SCHG Schwab US Large-Cap Growth | 7.07% | 3,072,993 | $89.5M | Add +13.7% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.91% | 2,683,602 | $74.7M | Add +1.3% |
| BSV Vanguard Short-Term Bond ETF | 5.08% | 820,442 | $64.3M | Add +10.1% |
| VEA Vanguard Ftse Developed ETF | 4.55% | 898,383 | $57.6M | Add +1.2% |
| NVDA Nvidia Corp. | 3.84% | 278,278 | $48.5M | Reduce -7.5% |
| SCHA Schwab US Small-Cap ETF | 3.50% | 1,521,296 | $44.2M | Add +0.7% |
| EFAX State Street SPDR MSCI Eafe | 2.73% | 694,484 | $34.6M | Add +4.9% |
| MU Micron Technology Inc. | 2.31% | 86,554 | $29.2M | Add +49.1% |
| SCHB Schwab US Broad Market ETF | 2.22% | 1,118,297 | $28.1M | Reduce -0.6% |
| SCHM Schwab US Mid Cap ETF | 2.17% | 885,367 | $27.4M | Reduce -5.8% |
| SPSB SS SPDR P St C Corp. ETF | 1.97% | 828,388 | $24.9M | Reduce -30.2% |
| PYLD PIMCO Multisector Bond Actv | 1.95% | 941,689 | $24.7M | Add +7.8% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 1.90% | 453,587 | $24.1M | Add +2.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.66% | 646,904 | $21.0M | Add +0.9% |
| ESGV Vanguard ESG US Stock ETF | 1.63% | 183,625 | $20.6M | Add +3.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.44% | 69,601 | $18.2M | Add +1.8% |
| ABM Abm Industries Inc. | 1.43% | 468,484 | $18.0M | No change |
| DFIC Dimensional International Co. | 1.40% | 498,420 | $17.7M | Add +4.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.36% | 39,439 | $17.2M | Add +1.7% |
| BIV Vanguard Intermediate-Term B | 1.33% | 218,665 | $16.9M | Add +51.9% |
| DSI iShares ESG MSCI KLD 400 ETF | 1.33% | 138,689 | $16.8M | Add +1.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.31% | 315,765 | $16.6M | Add +506.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.27% | 82,098 | $16.1M | Reduce -1.3% |
| AAPL Apple Inc. | 1.10% | 54,910 | $13.9M | Reduce -0.5% |
| DUHP Dimensional US High Profi Et | 1.04% | 357,998 | $13.2M | Add +2.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.96% | 369,944 | $12.2M | Add +5.7% |
| DFAC Dimensional US Core Equity 2 | 0.87% | 282,569 | $11.0M | Add +1.8% |
| DFLV Dim US Large Cap Value ETF | 0.80% | 284,823 | $10.2M | Add +5.7% |
| DFAS Dimensional US Small Cap ETF | 0.78% | 138,382 | $9.8M | Add +2.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.76% | 33,418 | $9.6M | Reduce -2.8% |
| SBUX Starbucks Corp. | 0.74% | 104,985 | $9.4M | Reduce -0.1% |
| METV Roundhill Ball Metaverse ETF | 0.55% | 12,168 | $7.0M | Reduce -0.2% |
| DFUS Dimensional US Eq MKT ETF | 0.49% | 88,096 | $6.2M | Add +2.4% |
| JAVA JPMorgan Active Value ETF | 0.42% | 73,487 | $5.3M | Add +0.3% |
| MSFT Microsoft Corp. | 0.41% | 14,060 | $5.2M | Reduce -2.4% |
| EFA iShares MSCI Eafe ETF | 0.41% | 53,173 | $5.2M | Add +0.6% |
| ESML iShares ESG Aware MSCI USA S | 0.39% | 103,992 | $4.9M | Add +12.1% |
| ERO Ero Copper Corp. | 0.38% | 179,577 | $4.8M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 14,069 | $4.8M | Add +81.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.35% | 54,202 | $4.5M | Reduce -17.3% |
| AEM Agnico Eagle Mines Ltd. | 0.33% | 20,474 | $4.2M | New |
| VRT Vertiv Holdings Co. Class A | 0.31% | 15,616 | $3.9M | Add +90.3% |
| AMZN Amazon.com Inc. | 0.30% | 18,331 | $3.8M | Reduce -3.4% |
| IVV iShares Core S&P 500 ETF | 0.30% | 5,814 | $3.8M | Reduce -1.2% |
| IVE iShares S&P 500 Value ETF | 0.29% | 17,325 | $3.7M | Reduce -4.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 5,617 | $3.7M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 7,028 | $3.4M | Reduce -2.7% |
| GPRO Gopro Inc. Class A | 0.26% | 11,369 | $3.3M | Reduce -0.8% |
| SLV iShares Silver Trust | 0.25% | 45,799 | $3.1M | Add +110.0% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 54,309 | $2.9M | Reduce -0.0% |
| CHAT Roundhill Gen AI & Tech ETF | 0.22% | 44,093 | $2.7M | Reduce -35.8% |
| LHX L3HARRIS Technologies Inc. | 0.21% | 7,745 | $2.7M | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.20% | 7,099 | $2.5M | Add +0.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 7,259 | $2.3M | Add +0.1% |
| JNJ Johnson & Johnson | 0.16% | 8,480 | $2.1M | Add +7.5% |
| CGGR Cap Group Growth Equity | 0.16% | 51,435 | $2.1M | Add +3.8% |
| HD Home Depot Inc. | 0.16% | 6,189 | $2.0M | Reduce -4.4% |
| AMAT Applied Materials Inc. | 0.14% | 5,361 | $1.8M | Add +141.6% |
| VALE Vale SA-SP ADR | 0.13% | 107,151 | $1.7M | New |
| DFSV Dimensional US Small Cap Val | 0.13% | 47,119 | $1.7M | Reduce -0.9% |
| IVW iShares S&P 500 Growth ETF | 0.12% | 13,847 | $1.6M | Add +5.4% |
| NFLX Netflix Inc. | 0.12% | 16,110 | $1.5M | Reduce -8.8% |
| ARTY iShares Future AI & Tech ETF | 0.12% | 32,637 | $1.5M | Add +22.9% |
| DFAE Dimensional Emerging Core Eq | 0.12% | 42,970 | $1.5M | Reduce -0.9% |
| TSLA Tesla Inc. | 0.11% | 3,850 | $1.4M | Reduce -9.4% |
| URA Global X Uranium ETF | 0.10% | 26,671 | $1.3M | Reduce -20.7% |
| COST Costco Wholesale Corp. | 0.10% | 1,278 | $1.3M | Reduce -2.8% |
| CCJ Cameco Corp. | 0.10% | 11,579 | $1.3M | No change |
| SCHK Schwab 1000 Index ETF | 0.10% | 40,022 | $1.3M | Add +19.6% |
| VOOV Vanguard S&P 500 Value ETF | 0.10% | 6,117 | $1.2M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 0.10% | 4,113 | $1.2M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.09% | 11,964 | $1.2M | Reduce -81.3% |
| ORCL Oracle Corp. | 0.09% | 7,885 | $1.2M | Reduce -1.6% |
| INTU Intuit Inc. | 0.09% | 2,604 | $1.1M | Add +3.3% |
| TAN Invesco Solar ETF | 0.09% | 19,363 | $1.1M | Reduce -25.4% |
| LLY Eli Lilly & Co. | 0.09% | 1,171 | $1.1M | Reduce -4.5% |
| ETN Eaton Corp. PLC | 0.08% | 2,974 | $1.1M | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 8,413 | $1.0M | Reduce -2.3% |
| DFEM Dimensional Emrg MRKT Core | 0.08% | 30,158 | $1.0M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 20,273 | $988K | Reduce -1.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.08% | 10,539 | $983K | New |
| WMT Walmart Inc. | 0.08% | 7,666 | $953K | Reduce -0.5% |
| NOBL Proshares S&P 500 Dividend A | 0.07% | 8,774 | $930K | No change |
| IJH iShares Core S&P Midcap ETF | 0.07% | 13,003 | $878K | Add +0.7% |
| QCOM Qualcomm Inc. | 0.07% | 6,669 | $859K | Reduce -35.3% |
| CVX Chevron Corp. | 0.07% | 4,092 | $847K | Reduce -1.8% |
| V Visa Inc. Class A | 0.07% | 2,796 | $845K | Reduce -5.1% |
| PCG P G & E Corp. | 0.07% | 47,838 | $841K | Reduce -2.7% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 5,882 | $838K | Add +0.8% |
| CSCO Cisco Systems Inc. | 0.07% | 10,606 | $823K | Add +6.6% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 3,728 | $802K | Add +0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.06% | 1 | $718K | No change |
| DFAI Dimensional International Co. | 0.06% | 18,276 | $712K | Add +0.1% |
| MRK Merck & Co. Inc. | 0.05% | 5,508 | $663K | Add +16.8% |
| SCHD Schwab US DVD Equity ETF | 0.05% | 21,301 | $654K | Add +3.5% |
| UPST Upstart Holdings Inc. | 0.05% | 25,393 | $651K | Add +5.7% |
| WDC Western Digital Corp. | 0.05% | 2,348 | $635K | New |
| XOM Exxon Mobil Corp. | 0.05% | 3,619 | $614K | Add +2.7% |
Portfolio Sells Q4 2025 → Q1 2026
| EVI Evi Industries Inc. | Sold out | 0.00% | −1.94 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −1.43 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −0.80 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -30.2% | 1.97% | −0.79 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.64 |
| NVDA Nvidia Corp. | Reduce -7.5% | 3.84% | −0.49 |
| AGG iShares Core U.S. Aggregate | Reduce -81.3% | 0.09% | −0.40 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -94.9% | 0.02% | −0.35 |
| VGK Vanguard Ftse Europe ETF | Reduce -77.9% | 0.05% | −0.17 |
| MSFT Microsoft Corp. | Reduce -2.4% | 0.41% | −0.13 |
| SCHV Schwab US Large-Cap Value | Reduce -6.8% | 8.27% | −0.12 |
| CHAT Roundhill Gen AI & Tech ETF | Reduce -35.8% | 0.22% | −0.10 |
| METV Roundhill Ball Metaverse ETF | Reduce -0.2% | 0.55% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -35.3% | 0.07% | −0.07 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -17.3% | 0.35% | −0.06 |
| AAPL Apple Inc. | Reduce -0.5% | 1.10% | −0.05 |
| SCHB Schwab US Broad Market ETF | Reduce -0.6% | 2.22% | −0.05 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -3.4% | 0.30% | −0.04 |
| TSLA Tesla Inc. | Reduce -9.4% | 0.11% | −0.03 |
| ORCL Oracle Corp. | Reduce -1.6% | 0.09% | −0.03 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.02 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.02 |
| GPRO Gopro Inc. Class A | Reduce -0.8% | 0.26% | −0.02 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -4.5% | 0.09% | −0.02 |
| XHB SS SPDR S&P Homebldrs ETF | Sold out | 0.00% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.7% | 0.27% | −0.01 |
| TAN Invesco Solar ETF | Reduce -25.4% | 0.09% | −0.01 |
| V Visa Inc. Class A | Reduce -5.1% | 0.07% | −0.01 |
| SCHW Schwab (charles) Corp. | Reduce -26.1% | 0.03% | −0.01 |
| CRM Salesforce Inc. | Reduce -8.4% | 0.02% | −0.01 |
| HD Home Depot Inc. | Reduce -4.4% | 0.16% | −0.01 |
| WDAY Workday Inc. Class A | Reduce -1.7% | 0.02% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.2% | 0.30% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -5.8% | 2.17% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -2.8% | 0.76% | −0.01 |
| BAC Bank of America Corp. | Reduce -1.9% | 0.08% | −0.01 |
| URA Global X Uranium ETF | Reduce -20.7% | 0.10% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.7% | 0.29% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 0.10% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -3.1% | 0.02% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -4.2% | 0.29% | −0.01 |
| NFLX Netflix Inc. | Reduce -8.8% | 0.12% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.02% | −0.00 |
| DIS The Walt Disney Co. | Reduce -4.0% | 0.02% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -1.4% | 0.02% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Reduce -1.8% | 0.03% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| IGSB iShares 1-5Y Inv Grade Corp. | Add +506.8% | 1.31% | +1.10 |
| MU Micron Technology Inc. | Add +49.1% | 2.31% | +1.04 |
| SCHF Schwab Intl Equity ETF | Add +2.5% | 11.93% | +0.92 |
| BSV Vanguard Short-Term Bond ETF | Add +10.1% | 5.08% | +0.56 |
| BIV Vanguard Intermediate-Term B | Add +51.9% | 1.33% | +0.47 |
| ERO Ero Copper Corp. | New | 0.38% | +0.38 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +1.3% | 5.91% | +0.36 |
| AEM Agnico Eagle Mines Ltd. | New | 0.33% | +0.33 |
| SCHG Schwab US Large-Cap Growth | Add +13.7% | 7.07% | +0.29 |
| VEA Vanguard Ftse Developed ETF | Add +1.2% | 4.55% | +0.28 |
| VRT Vertiv Holdings Co. Class A | Add +90.3% | 0.31% | +0.21 |
| TSM Taiwan Semiconductor-SP ADR | Add +81.2% | 0.38% | +0.19 |
| SCHA Schwab US Small-Cap ETF | Add +0.7% | 3.50% | +0.18 |
| EFAX State Street SPDR MSCI Eafe | Add +4.9% | 2.73% | +0.16 |
| PYLD PIMCO Multisector Bond Actv | Add +7.8% | 1.95% | +0.16 |
| SLV iShares Silver Trust | Add +110.0% | 0.25% | +0.14 |
| VALE Vale SA-SP ADR | New | 0.13% | +0.13 |
| DFIC Dimensional International Co. | Add +4.5% | 1.40% | +0.13 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.9% | 1.66% | +0.10 |
| AMAT Applied Materials Inc. | Add +141.6% | 0.14% | +0.10 |
| DFLV Dim US Large Cap Value ETF | Add +5.7% | 0.80% | +0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +1.8% | 1.44% | +0.08 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +5.7% | 0.96% | +0.08 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.08% | +0.08 |
| ESML iShares ESG Aware MSCI USA S | Add +12.1% | 0.39% | +0.06 |
| DFAS Dimensional US Small Cap ETF | Add +2.9% | 0.78% | +0.06 |
| WDC Western Digital Corp. | New | 0.05% | +0.05 |
| JNJ Johnson & Johnson | Add +7.5% | 0.16% | +0.04 |
| LHX L3HARRIS Technologies Inc. | Add +0.0% | 0.21% | +0.04 |
| HBM Hudbay Minerals Inc. | New | 0.03% | +0.03 |
| ARTY iShares Future AI & Tech ETF | Add +22.9% | 0.12% | +0.02 |
| DFAC Dimensional US Core Equity 2 | Add +1.8% | 0.87% | +0.02 |
| VLO Valero Energy Corp. | New | 0.02% | +0.02 |
| WMB Williams Cos Inc. | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| EPD Enterprise Products Partners | New | 0.02% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +0.6% | 0.41% | +0.02 |
| CVMC Calvert US Mcap Core Resp | New | 0.02% | +0.02 |
| DHS Wisdomtree US High Dividend | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | New | 0.02% | +0.02 |
| VDE Vanguard Energy ETF | New | 0.02% | +0.02 |
| XOM Exxon Mobil Corp. | Add +2.7% | 0.05% | +0.02 |
| SCHK Schwab 1000 Index ETF | Add +19.6% | 0.10% | +0.01 |
| DUHP Dimensional US High Profi Et | Add +2.2% | 1.04% | +0.01 |
| MRK Merck & Co. Inc. | Add +16.8% | 0.05% | +0.01 |
| JAVA JPMorgan Active Value ETF | Add +0.3% | 0.42% | +0.01 |
| GEV GE Vernova Inc. | Add +5.0% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +0.2% | 0.08% | +0.01 |
| DIHP Dimensional International Hi | Add +28.9% | 0.04% | +0.01 |
| DFCF Dimensional Core Fixed Inc. | Add +39.2% | 0.03% | +0.01 |
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 |