Gemmer Asset Management

WALNUT CREEK, CAfiles as Gemmer Asset Management LLC

$1.5bn in 187 US stocks at the end of 30 June 2026. The top 10 are 57.2% of the money. It changed about 6.6% of the portfolio this quarter.

Value

$1.5bn

Stocks

187

Top 10 share

57.2%

Turnover

6.6%

What changed this quarter

New

Bought for the first time this quarter.

CienaCIEN
0.2% of the fund
Lumentum HoldingsLITE
0.1% of the fund
Ishares TREEM
<0.1% of the fund
Invesco DB Multi-Sector CommDBA
<0.1% of the fund
CrowdStrike HoldingsCRWD
<0.1% of the fund
KLAKLAC
<0.1% of the fund
Dell TechnologiesDELL
<0.1% of the fund
CorningGLW
<0.1% of the fund
UnitedHealth GroupUNH
<0.1% of the fund
FortinetFTNT
<0.1% of the fund
Comfort Systems USAFIX
<0.1% of the fund
Howmet AerospaceHWM
<0.1% of the fund
AmphenolAPH
<0.1% of the fund
Keysight TechnologiesKEYS
<0.1% of the fund
Space Exploration TechnologiesSPCX
<0.1% of the fund
Spdr Series TrustXHB
<0.1% of the fund
CitigroupC
<0.1% of the fund
Ishares TRIJK
<0.1% of the fund
SynopsysSNPS
<0.1% of the fund
Verizon CommunicationsVZ
<0.1% of the fund
Altria GroupMO
<0.1% of the fund
TG TherapeuticsTGTX
<0.1% of the fund
ASML Holding NVASML
<0.1% of the fund
Public StoragePSA
<0.1% of the fund
Ishares TRSCZ
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard BD Index FDSBSV
4.4% of the fund
+2%
Spdr Index SHS FDSEFAX
2.6% of the fund
+3%
Spdr Series TrustSPSB
1.7% of the fund
+2%
Vanguard Index FDSVUG
1.4% of the fund
+3%
Dimensional ETF TrustDFIC
1.3% of the fund
+4%
Dimensional ETF TrustDUHP
1.1% of the fund
+6%
Schwab Strategic TRSCHE
0.9% of the fund
+4%
Dimensional ETF TrustDFLV
0.8% of the fund
+6%
Dimensional ETF TrustDFAS
0.8% of the fund
+3%
Tidal Trust IICHAT
0.5% of the fund
+60%
Ishares TRESML
0.4% of the fund
+3%
MicrosoftMSFT
0.4% of the fund
+3%
IntelINTC
0.3% of the fund
+252%
Ishares TRARTY
0.2% of the fund
+12%
Ishares TRIVW
0.1% of the fund
+6%
Schwab Strategic TRSCHK
<0.1% of the fund
+3%
Dimensional ETF TrustDFEM
<0.1% of the fund
+11%
CamecoCCJ
<0.1% of the fund
+11%
Costco WholesaleCOST
<0.1% of the fund
+5%
Upstart HoldingsUPST
<0.1% of the fund
+17%
Vanguard Specialized FundsVIG
<0.1% of the fund
+16%
ChevronCVX
<0.1% of the fund
+3%
Vanguard World FDVSGX
<0.1% of the fund
+8%
IsharesESGE
<0.1% of the fund
+3%
Dimensional ETF TrustDIHP
<0.1% of the fund
+11%

Cut

Sold some of their stake.

NvidiaNVDA
3.4% of the fund
-9%
Schwab Strategic TRSCHM
2.1% of the fund
-2%
Vanguard Index FDSVTV
1.2% of the fund
-4%
Vanguard Index FDSVO
0.7% of the fund
-2%
Ishares TRSHY
0.3% of the fund
-3%
State STR Spdr S&P 500 ETF TSPY
0.3% of the fund
-7%
Applied MaterialsAMAT
0.3% of the fund
-3%
Dimensional ETF TrustDFSV
0.1% of the fund
-3%
Ishares TRIJR
<0.1% of the fund
-2%
Ishares TRAGG
<0.1% of the fund
-4%
Invesco Exch Traded FD TR IITAN
<0.1% of the fund
-26%
Pg&ePCG
<0.1% of the fund
-3%
Dimensional ETF TrustDFAI
<0.1% of the fund
-13%
IntuitINTU
<0.1% of the fund
-8%
Select Sector Spdr TRXLK
<0.1% of the fund
-18%
Ishares TRIWF
<0.1% of the fund
-3%
Gilead SciencesGILD
<0.1% of the fund
-4%
MastercardMA
<0.1% of the fund
-2%
First TR Exchange-Traded FDFDM
<0.1% of the fund
-5%
Dimensional ETF TrustDFAX
<0.1% of the fund
-3%
International Business MachinesIBM
<0.1% of the fund
-10%
Procter & GamblePG
<0.1% of the fund
-30%
Ishares TRIWD
<0.1% of the fund
-4%
CortevaCTVA
<0.1% of the fund
-2%
Goldman Sachs GroupGS
<0.1% of the fund
-4%

Sold out

Sold their entire stake.

Ero CopperERO
-100%
Agnico Eagle MinesAEM
-100%
Vertiv HoldingsVRT
-100%
Vale S AVALE
-100%
Berkshire Hathaway INC DELBRK-A
-100%
Hudbay MineralsHBM
-100%
SalesforceCRM
-100%
Intuitive SurgicalISRG
-100%
WorkdayWDAY
-100%
Honeywell InternationalHON
-100%
Vanguard World FDVDE
-100%

Holdings

Schwab Strategic TRSCHF
Share
11.5%
Value
$171m
Shares
6,157,146
Held
Schwab Strategic TRSCHV
Share
7.9%
Value
$117m
Shares
3,373,480
Held
Schwab Strategic TRSCHG
Share
7.1%
Value
$105m
Shares
3,100,787
Held
Micron TechnologyMU
Share
6.7%
Value
$100m
Shares
86,773
Held
Schwab Strategic TRFNDX
Share
5.6%
Value
$84m
Shares
2,688,126
Held
Vanguard BD Index FDSBSV
Share
4.4%
Value
$65m
Shares
838,296
+2%
Vanguard Tax-Managed FDSVEA
Share
4.3%
Value
$65m
Shares
906,069
Held
Schwab Strategic TRSCHA
Share
3.7%
Value
$55m
Shares
1,517,147
Held
NvidiaNVDA
Share
3.4%
Value
$51m
Shares
253,718
-9%
Spdr Index SHS FDSEFAX
Share
2.6%
Value
$39m
Shares
713,531
+3%
Schwab Strategic TRSCHB
Share
2.2%
Value
$32m
Shares
1,104,883
Held
Schwab Strategic TRSCHM
Share
2.1%
Value
$32m
Shares
863,655
-2%
Spdr Series TrustSPYX
Share
1.9%
Value
$28m
Shares
451,355
Held
Spdr Series TrustSPSB
Share
1.7%
Value
$25m
Shares
847,978
+2%
Pimco ETF TRPYLD
Share
1.7%
Value
$25m
Shares
957,658
Held
Schwab Strategic TRFNDA
Share
1.7%
Value
$25m
Shares
656,112
Held
Vanguard World FDESGV
Share
1.6%
Value
$24m
Shares
183,341
Held
Vanguard Index FDSVB
Share
1.4%
Value
$21m
Shares
69,547
Held
Vanguard Index FDSVUG
Share
1.4%
Value
$21m
Shares
242,586
+3%
ABM IndustriesABM
Share
1.4%
Value
$21m
Shares
468,484
Held
Ishares TRDSI
Share
1.3%
Value
$20m
Shares
139,453
Held
Dimensional ETF TrustDFIC
Share
1.3%
Value
$19m
Shares
515,909
+4%
Vanguard Index FDSVTV
Share
1.2%
Value
$17m
Shares
78,997
-4%
Vanguard BD Index FDSBIV
Share
1.1%
Value
$17m
Shares
219,824
Held
Ishares TRIGSB
Share
1.1%
Value
$17m
Shares
316,610
Held
AppleAAPL
Share
1.1%
Value
$16m
Shares
55,214
Held
Dimensional ETF TrustDUHP
Share
1.1%
Value
$16m
Shares
378,691
+6%
Schwab Strategic TRSCHE
Share
0.9%
Value
$14m
Shares
382,946
+4%
Dimensional ETF TrustDFAC
Share
0.9%
Value
$13m
Shares
287,705
Held
Dimensional ETF TrustDFLV
Share
0.8%
Value
$12m
Shares
300,648
+6%
Dimensional ETF TrustDFAS
Share
0.8%
Value
$12m
Shares
143,008
+3%
StarbucksSBUX
Share
0.7%
Value
$11m
Shares
105,495
Held
Vanguard Index FDSVO
Share
0.7%
Value
$11m
Shares
130,687
-2%
Dimensional ETF TrustDFUS
Share
0.5%
Value
$7m
Shares
88,405
Held
Tidal Trust IICHAT
Share
0.5%
Value
$7m
Shares
70,695
+60%
Listed FDS TRMETV
Share
0.5%
Value
$7m
Shares
12,078
Held
Taiwan Semiconductor ManufacturingTSM
Share
0.5%
Value
$7m
Shares
14,076
Held
Ishares TRESML
Share
0.4%
Value
$6m
Shares
107,264
+3%
J P Morgan Exchange Traded FJAVA
Share
0.4%
Value
$6m
Shares
72,368
Held
Ishares TREFA
Share
0.4%
Value
$6m
Shares
53,756
Held
MicrosoftMSFT
Share
0.4%
Value
$5m
Shares
14,514
+3%
IntelINTC
Share
0.3%
Value
$5m
Shares
36,374
+252%
Ishares TRIVV
Share
0.3%
Value
$4m
Shares
5,908
Held
Amazon.comAMZN
Share
0.3%
Value
$4m
Shares
18,410
Held
Ishares TRSHY
Share
0.3%
Value
$4m
Shares
52,598
-3%
GoProGPRO
Share
0.3%
Value
$4m
Shares
11,532
Held
Ishares TRIVE
Share
0.3%
Value
$4m
Shares
17,231
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.3%
Value
$4m
Shares
5,233
-7%
Applied MaterialsAMAT
Share
0.3%
Value
$4m
Shares
5,193
-3%
Berkshire HathawayBRK-B
Share
0.2%
Value
$4m
Shares
7,163
Held
CienaCIEN
Share
0.2%
Value
$3m
Shares
6,686
New
Vanguard Intl Equity Index FVWO
Share
0.2%
Value
$3m
Shares
54,554
Held
Ishares TRIWB
Share
0.2%
Value
$3m
Shares
7,099
Held
Ishares TRARTY
Share
0.2%
Value
$3m
Shares
36,462
+12%
Vanguard Index FDSVTI
Share
0.2%
Value
$3m
Shares
7,262
Held
Capital Group Growth ETFCGGR
Share
0.2%
Value
$2m
Shares
51,345
Held
L3harris TechnologiesLHX
Share
0.2%
Value
$2m
Shares
7,746
Held
Home DepotHD
Share
0.1%
Value
$2m
Shares
6,202
Held
Johnson & JohnsonJNJ
Share
0.1%
Value
$2m
Shares
8,495
Held
Ishares TRIVW
Share
0.1%
Value
$2m
Shares
14,635
+6%
Dimensional ETF TrustDFSV
Share
0.1%
Value
$2m
Shares
45,767
-3%
Dimensional ETF TrustDFAE
Share
0.1%
Value
$2m
Shares
42,413
Held
Advanced Micro DevicesAMD
Share
0.1%
Value
$2m
Shares
2,774
Held
TeslaTSLA
Share
0.1%
Value
$2m
Shares
3,819
Held
Lumentum HoldingsLITE
Share
0.1%
Value
$2m
Shares
1,768
New
Schwab Strategic TRSCHK
Share
<0.1%
Value
$1m
Shares
41,222
+3%
Western DigitalWDC
Share
<0.1%
Value
$1m
Shares
2,326
Held
Eli LillyLLY
Share
<0.1%
Value
$1m
Shares
1,179
Held
Dimensional ETF TrustDFEM
Share
<0.1%
Value
$1m
Shares
33,592
+11%
Vanguard Admiral FDSVOOV
Share
<0.1%
Value
$1m
Shares
6,117
Held
JPMorgan ChaseJPM
Share
<0.1%
Value
$1m
Shares
4,091
Held
CamecoCCJ
Share
<0.1%
Value
$1m
Shares
12,906
+11%
EatonETN
Share
<0.1%
Value
$1m
Shares
2,986
Held
Cisco SystemsCSCO
Share
<0.1%
Value
$1m
Shares
10,768
Held
Costco WholesaleCOST
Share
<0.1%
Value
$1m
Shares
1,342
+5%
Ishares TREEM
Share
<0.1%
Value
$1m
Shares
18,268
New
QualcommQCOM
Share
<0.1%
Value
$1m
Shares
6,695
Held
Ishares TRIJR
Share
<0.1%
Value
$1m
Shares
8,209
-2%
Invesco DB Multi-Sector CommDBA
Share
<0.1%
Value
$1m
Shares
45,221
New
Global X FDSURA
Share
<0.1%
Value
$1m
Shares
26,743
Held
Bank of AmericaBAC
Share
<0.1%
Value
$1m
Shares
20,344
Held
OracleORCL
Share
<0.1%
Value
$1m
Shares
7,826
Held
Ishares TRAGG
Share
<0.1%
Value
$1m
Shares
11,493
-4%
NetflixNFLX
Share
<0.1%
Value
$1m
Shares
15,917
Held
Upstart HoldingsUPST
Share
<0.1%
Value
$1m
Shares
29,707
+17%
Vanguard Specialized FundsVIG
Share
<0.1%
Value
$1m
Shares
4,328
+16%
Ishares TRIJH
Share
<0.1%
Value
$1m
Shares
13,160
Held
Rio TintoRIO
Share
<0.1%
Value
$1m
Shares
10,539
Held
Proshares TRNOBL
Share
<0.1%
Value
$985,430
Shares
17,547
Held
VisaV
Share
<0.1%
Value
$977,362
Shares
2,849
Held
Ishares TRITOT
Share
<0.1%
Value
$968,590
Shares
5,896
Held
WalmartWMT
Share
<0.1%
Value
$875,246
Shares
7,728
Held
Invesco Exch Traded FD TR IITAN
Share
<0.1%
Value
$845,845
Shares
14,300
-26%
Pg&ePCG
Share
<0.1%
Value
$783,593
Shares
46,587
-3%
CaterpillarCAT
Share
<0.1%
Value
$751,819
Shares
706
Held
MerckMRK
Share
<0.1%
Value
$704,829
Shares
5,485
Held
ChevronCVX
Share
<0.1%
Value
$697,425
Shares
4,207
+3%
Schwab Strategic TRSCHD
Share
<0.1%
Value
$685,511
Shares
21,618
Held
AbbVieABBV
Share
<0.1%
Value
$673,389
Shares
2,676
Held
Dimensional ETF TrustDFAI
Share
<0.1%
Value
$658,649
Shares
15,967
-13%

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHF	11.5%	$171m	6,157,146	Held
Schwab Strategic TRSCHV	7.9%	$117m	3,373,480	Held
Schwab Strategic TRSCHG	7.1%	$105m	3,100,787	Held
Micron TechnologyMU	6.7%	$100m	86,773	Held
Schwab Strategic TRFNDX	5.6%	$84m	2,688,126	Held
Vanguard BD Index FDSBSV	4.4%	$65m	838,296	+2%
Vanguard Tax-Managed FDSVEA	4.3%	$65m	906,069	Held
Schwab Strategic TRSCHA	3.7%	$55m	1,517,147	Held
NvidiaNVDA	3.4%	$51m	253,718	-9%
Spdr Index SHS FDSEFAX	2.6%	$39m	713,531	+3%
Schwab Strategic TRSCHB	2.2%	$32m	1,104,883	Held
Schwab Strategic TRSCHM	2.1%	$32m	863,655	-2%
Spdr Series TrustSPYX	1.9%	$28m	451,355	Held
Spdr Series TrustSPSB	1.7%	$25m	847,978	+2%
Pimco ETF TRPYLD	1.7%	$25m	957,658	Held
Schwab Strategic TRFNDA	1.7%	$25m	656,112	Held
Vanguard World FDESGV	1.6%	$24m	183,341	Held
Vanguard Index FDSVB	1.4%	$21m	69,547	Held
Vanguard Index FDSVUG	1.4%	$21m	242,586	+3%
ABM IndustriesABM	1.4%	$21m	468,484	Held
Ishares TRDSI	1.3%	$20m	139,453	Held
Dimensional ETF TrustDFIC	1.3%	$19m	515,909	+4%
Vanguard Index FDSVTV	1.2%	$17m	78,997	-4%
Vanguard BD Index FDSBIV	1.1%	$17m	219,824	Held
Ishares TRIGSB	1.1%	$17m	316,610	Held
AppleAAPL	1.1%	$16m	55,214	Held
Dimensional ETF TrustDUHP	1.1%	$16m	378,691	+6%
Schwab Strategic TRSCHE	0.9%	$14m	382,946	+4%
Dimensional ETF TrustDFAC	0.9%	$13m	287,705	Held
Dimensional ETF TrustDFLV	0.8%	$12m	300,648	+6%
Dimensional ETF TrustDFAS	0.8%	$12m	143,008	+3%
StarbucksSBUX	0.7%	$11m	105,495	Held
Vanguard Index FDSVO	0.7%	$11m	130,687	-2%
Dimensional ETF TrustDFUS	0.5%	$7m	88,405	Held
Tidal Trust IICHAT	0.5%	$7m	70,695	+60%
Listed FDS TRMETV	0.5%	$7m	12,078	Held
Taiwan Semiconductor ManufacturingTSM	0.5%	$7m	14,076	Held
Ishares TRESML	0.4%	$6m	107,264	+3%
J P Morgan Exchange Traded FJAVA	0.4%	$6m	72,368	Held
Ishares TREFA	0.4%	$6m	53,756	Held
MicrosoftMSFT	0.4%	$5m	14,514	+3%
IntelINTC	0.3%	$5m	36,374	+252%
Ishares TRIVV	0.3%	$4m	5,908	Held
Amazon.comAMZN	0.3%	$4m	18,410	Held
Ishares TRSHY	0.3%	$4m	52,598	-3%
GoProGPRO	0.3%	$4m	11,532	Held
Ishares TRIVE	0.3%	$4m	17,231	Held
State STR Spdr S&P 500 ETF TSPY	0.3%	$4m	5,233	-7%
Applied MaterialsAMAT	0.3%	$4m	5,193	-3%
Berkshire HathawayBRK-B	0.2%	$4m	7,163	Held
CienaCIEN	0.2%	$3m	6,686	New
Vanguard Intl Equity Index FVWO	0.2%	$3m	54,554	Held
Ishares TRIWB	0.2%	$3m	7,099	Held
Ishares TRARTY	0.2%	$3m	36,462	+12%
Vanguard Index FDSVTI	0.2%	$3m	7,262	Held
Capital Group Growth ETFCGGR	0.2%	$2m	51,345	Held
L3harris TechnologiesLHX	0.2%	$2m	7,746	Held
Home DepotHD	0.1%	$2m	6,202	Held
Johnson & JohnsonJNJ	0.1%	$2m	8,495	Held
Ishares TRIVW	0.1%	$2m	14,635	+6%
Dimensional ETF TrustDFSV	0.1%	$2m	45,767	-3%
Dimensional ETF TrustDFAE	0.1%	$2m	42,413	Held
Advanced Micro DevicesAMD	0.1%	$2m	2,774	Held
TeslaTSLA	0.1%	$2m	3,819	Held
Lumentum HoldingsLITE	0.1%	$2m	1,768	New
Schwab Strategic TRSCHK	<0.1%	$1m	41,222	+3%
Western DigitalWDC	<0.1%	$1m	2,326	Held
Eli LillyLLY	<0.1%	$1m	1,179	Held
Dimensional ETF TrustDFEM	<0.1%	$1m	33,592	+11%
Vanguard Admiral FDSVOOV	<0.1%	$1m	6,117	Held
JPMorgan ChaseJPM	<0.1%	$1m	4,091	Held
CamecoCCJ	<0.1%	$1m	12,906	+11%
EatonETN	<0.1%	$1m	2,986	Held
Cisco SystemsCSCO	<0.1%	$1m	10,768	Held
Costco WholesaleCOST	<0.1%	$1m	1,342	+5%
Ishares TREEM	<0.1%	$1m	18,268	New
QualcommQCOM	<0.1%	$1m	6,695	Held
Ishares TRIJR	<0.1%	$1m	8,209	-2%
Invesco DB Multi-Sector CommDBA	<0.1%	$1m	45,221	New
Global X FDSURA	<0.1%	$1m	26,743	Held
Bank of AmericaBAC	<0.1%	$1m	20,344	Held
OracleORCL	<0.1%	$1m	7,826	Held
Ishares TRAGG	<0.1%	$1m	11,493	-4%
NetflixNFLX	<0.1%	$1m	15,917	Held
Upstart HoldingsUPST	<0.1%	$1m	29,707	+17%
Vanguard Specialized FundsVIG	<0.1%	$1m	4,328	+16%
Ishares TRIJH	<0.1%	$1m	13,160	Held
Rio TintoRIO	<0.1%	$1m	10,539	Held
Proshares TRNOBL	<0.1%	$985,430	17,547	Held
VisaV	<0.1%	$977,362	2,849	Held
Ishares TRITOT	<0.1%	$968,590	5,896	Held
WalmartWMT	<0.1%	$875,246	7,728	Held
Invesco Exch Traded FD TR IITAN	<0.1%	$845,845	14,300	-26%
Pg&ePCG	<0.1%	$783,593	46,587	-3%
CaterpillarCAT	<0.1%	$751,819	706	Held
MerckMRK	<0.1%	$704,829	5,485	Held
ChevronCVX	<0.1%	$697,425	4,207	+3%
Schwab Strategic TRSCHD	<0.1%	$685,511	21,618	Held
AbbVieABBV	<0.1%	$673,389	2,676	Held
Dimensional ETF TrustDFAI	<0.1%	$658,649	15,967	-13%

Showing the largest 100 of 187.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 32.0% since 30 June 2025.

Where the money is

Technology15.1%

Retail & consumer1.3%

Industrials0.7%

Financial services0.7%

Health care0.4%

Everyday goods0.2%

Materials0.2%

Energy0.1%

Media & telecom0.1%

Utilities0.1%

Real estate0.0%

Other81.0%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.