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Gemmer Asset Management LLC — 13F Holdings & Portfolio

CIK 1607825 · latest 13F-HR filed 2026-10-16

Backtest portfolio

Gemmer Asset Management LLC manages $1.53B in 13F-reported U.S. long-equity assets across 190 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SCHF (11.09%), SCHG (7.71%), SCHV (7.26%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 20 new positions and exited 18; 41 existing positions rose in reported value and 53 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$1.53B

Long-equity book

Holdings
190

Distinct positions

Period
2026-09-30

Filed 2026-10-16

Q/Q Activity
+20 / −18 / ↑41 / ↓53

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SCHF11.1% · +0%SCHG7.7% · +6%SCHV7.3% · -1%MU6.0% · +0%FNDX5.5% · -0%IBIE4.9% · newBSV4.4% · +5%SPSB4.3% · +92%VEA4.2% · +1%NVDA3.8% · -0%SCHA3.3% · +1%SCHB2.1% · -2%SCHM1.9% · -1%SPYX1.9% · +1%PYLD1.6% · +3%ESGV1.6% · +1%FNDA1.5% · +2%ABM1.5% · -0%VUG1.4% · +1%VB1.3% · +2%DSI1.3% · -1%DFIC1.3% · +3%AAPL1.2% · +0%VTV1.1% · -0%IGSB1.1% · +1%SCHE1.0% · +4%DFAC0.9% · +9%DFLV0.8% · +2%DFAS0.7% · +0%VO0.7% · -0%SBUX0.6% · -0%MSFT0.5% · +2%DFUS0.5% · +0%TSM0.4% · +0%METV0.4% · -27%CHAT0.4% · -2%ESML0.4% · +3%JAVA0.4% · -2%EFA0.4% · -2%IVV0.3% · +6%INTC0.3% · +0%SHY0.3% · +0%AMZN0.3% · -9%SPY0.3% · -0%GPRO0.3% · -0%BRK.B0.2% · +6%IVE0.2% · -9%ARTY0.2% · +23%IWB0.2% · +0%VTI0.2% · +3%AMAT0.2% · -1%VWO0.2% · -24%CGGR0.2% · -0%CIEN0.1% · -2%JNJ0.1% · -5%EWY0.1% · newIVW0.1% · -2%LLY0.1% · +34%LHX0.1% · -1%LITE0.1% · +0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 59.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 23, 2026.

Assets Under Management
$2.36B
Discretionary
$2.36B
Employees
16
Accounts
3,787
Address
1655 NORTH MAIN ST
SUITE 360
WALNUT CREEK, CA 94596
Phone
(925) 933-3786
Website
Name Title / Status Ownership Type
BLANKLEY, CHARLES, JASON ControlPRINCIPAL
since Jan 2003
25–50%Individual
GEMMER, BRIAN, CRAIG ControlPRINCIPAL
since Jan 2006
25–50%Individual
GEMMER, DAVID, LEROY ControlPRINCIPAL
since Nov 1999
Less than 5%Individual
GEMMER, SCOTT, DAVID ControlPRINCIPAL
since Dec 2004
25–50%Individual
MULLIN, PATRICIA, MARIECHIEF COMPLIANCE OFFICER
since Dec 2021
Less than 5%Individual
Ownership & leadership changes · 4 filings with changes since Mar 23, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Jan 27, 2023 filing
  • No longer listedGEMMER FAMILY TRUST · DAVID L. GEMMER, TRUSTEE OF GEMMER FAMILY TRUST DATED JUNE 17, 2015 · 25–50% · control person · listed since Aug 2015
  • No longer listedGEMMER, DAVID, LEROY · TRUSTEE · General partner, trustee or manager · indirect via DAVID L. GEMMER , TRUSTEE OF GEMMER FAMILY TRUST DATED JUNE 17, 2015 · control person · listed since Jun 2015
  • ChangedBLANKLEY, CHARLES, JASON · title MEMBER → PRINCIPAL; ownership 10–25% → 25–50%
  • ChangedGEMMER, BRIAN, CRAIG · title MEMBER → PRINCIPAL; ownership 10–25% → 25–50%
  • ChangedGEMMER, DAVID, LEROY · title MANAGING → PRINCIPAL
  • ChangedGEMMER, SCOTT, DAVID · title MEMBER → PRINCIPAL; ownership 10–25% → 25–50%
Dec 23, 2021 filing
  • No longer listedHERNANDEZ, MARIO, RUBEN · MEMBER & CHIEF COMPLIANCE OFFICER · 10–25% · listed since Jan 2003
  • AddedMULLIN, PATRICIA, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedBLANKLEY, CHARLES, JASON · now a control person
  • ChangedGEMMER, BRIAN, CRAIG · now a control person
  • ChangedGEMMER, SCOTT, DAVID · now a control person
Mar 25, 2020 filing
  • ChangedGEMMER FAMILY TRUST · ownership 50–75% → 25–50%
Sep 4, 2015 filing
  • AddedGEMMER FAMILY TRUST · DAVID L. GEMMER, TRUSTEE OF GEMMER FAMILY TRUST DATED JUNE 17, 2015 · 50–75% · control person
  • AddedGEMMER, DAVID, LEROY · TRUSTEE · General partner, trustee or manager · indirect via DAVID L. GEMMER , TRUSTEE OF GEMMER FAMILY TRUST DATED JUNE 17, 2015 · control person
  • ChangedGEMMER, DAVID, LEROY · ownership 50–75% → Less than 5%
Mar 23, 2012 filing (earliest on record)
  • ListedBLANKLEY, CHARLES, JASON · MEMBER · 10–25%
  • ListedGEMMER, BRIAN, CRAIG · MEMBER · 10–25%
  • ListedGEMMER, DAVID, LEROY · MANAGING · 50–75% · control person
  • ListedGEMMER, SCOTT, DAVID · MEMBER · 10–25%
  • ListedHERNANDEZ, MARIO, RUBEN · MEMBER & CHIEF COMPLIANCE OFFICER · 10–25%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 41 →

Top Trims

Show all 53 →

New Positions

Show all 20 →

Exited Positions

Show all 18 →

Gemmer Asset Management LLC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SCHWAB STRATEGIC TR SCHF 808524805 $170.1M 11.09% 6,190,997 SH
2 SCHWAB STRATEGIC TR SCHG 808524300 $118.1M 7.71% 3,288,196 SH
3 SCHWAB STRATEGIC TR SCHV 808524409 $111.3M 7.26% 3,341,318 SH
4 MICRON TECHNOLOGY INC MU 595112103 $92.5M 6.03% 86,828 SH
5 SCHWAB STRATEGIC TR FNDX 808524771 $84.2M 5.50% 2,676,976 SH
6 ISHARES TR IBIE 46438G703 $74.9M 4.89% 2,919,207 SH
7 VANGUARD BD INDEX FDS BSV 921937827 $67.2M 4.38% 879,180 SH
8 VANGUARD TAX-MANAGED FDS VEA 921943858 $64.7M 4.22% 916,034 SH
9 NVIDIA CORPORATION NVDA 67066G104 $57.7M 3.76% 252,625 SH
10 SCHWAB STRATEGIC TR SCHA 808524607 $49.9M 3.25% 1,529,297 SH
11 SPDR SERIES TRUST SPSB 78464A474 $39.0M 2.54% 727,758 SH
12 SCHWAB STRATEGIC TR SCHB 808524102 $31.6M 2.06% 1,078,260 SH
13 SCHWAB STRATEGIC TR SCHM 808524508 $29.2M 1.90% 857,693 SH
14 SPDR SERIES TRUST SPYX 78468R796 $28.4M 1.85% 453,917 SH
15 SPDR SERIES TRUST SPSB 78464A474 $26.6M 1.73% 898,252 SH
16 PIMCO ETF TR PYLD 72201R585 $25.1M 1.64% 989,802 SH
17 VANGUARD WORLD FD ESGV 921910733 $25.1M 1.63% 184,882 SH
18 SCHWAB STRATEGIC TR FNDA 808524763 $23.3M 1.52% 666,955 SH
19 ABM INDS INC ABM 000957100 $22.5M 1.47% 467,885 SH
20 VANGUARD INDEX FDS VUG 922908736 $22.0M 1.43% 244,046 SH
21 VANGUARD INDEX FDS VB 922908751 $20.1M 1.31% 70,706 SH
22 ISHARES TR DSI 464288570 $20.1M 1.31% 137,567 SH
23 DIMENSIONAL ETF TRUST DFIC 25434V799 $20.0M 1.30% 530,953 SH
24 APPLE INC AAPL 037833100 $18.5M 1.20% 55,430 SH
25 VANGUARD INDEX FDS VTV 922908744 $17.0M 1.11% 78,725 SH
26 ISHARES TR IGSB 464288646 $16.4M 1.07% 320,090 SH
27 SCHWAB STRATEGIC TR SCHE 808524706 $14.6M 0.95% 399,810 SH
28 DIMENSIONAL ETF TRUST DFAC 25434V708 $13.9M 0.91% 312,937 SH
29 DIMENSIONAL ETF TRUST DFLV 25434V666 $12.4M 0.81% 307,661 SH
30 DIMENSIONAL ETF TRUST DFAS 25434V500 $11.1M 0.72% 143,532 SH
31 VANGUARD INDEX FDS VO 922908629 $10.2M 0.67% 130,179 SH
32 STARBUCKS CORP SBUX 855244109 $9.9M 0.65% 105,475 SH
33 MICROSOFT CORP MSFT 594918104 $7.6M 0.49% 14,772 SH
34 DIMENSIONAL ETF TRUST DFUS 25434V401 $7.4M 0.48% 88,535 SH
35 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $6.4M 0.42% 14,090 SH
36 LISTED FDS TR METV 53656F417 $6.4M 0.42% 8,819 SH
37 TIDAL TRUST II CHAT 88636J600 $6.4M 0.42% 69,391 SH
38 ISHARES TR ESML 46435U663 $5.8M 0.38% 110,892 SH
39 J P MORGAN EXCHANGE TRADED F JAVA 46641Q167 $5.7M 0.37% 71,113 SH
40 ISHARES TR EFA 464287465 $5.5M 0.36% 52,683 SH
41 ISHARES TR IVV 464287200 $4.8M 0.31% 6,241 SH
42 INTEL CORP INTC 458140100 $4.4M 0.29% 36,506 SH
43 ISHARES TR SHY 464287457 $4.3M 0.28% 52,665 SH
44 AMAZON COM INC AMZN 023135106 $4.2M 0.27% 16,760 SH
45 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $4.0M 0.26% 5,211 SH
46 GOPRO INC GPRO 38268T103 $3.9M 0.26% 11,470 SH
47 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $3.8M 0.25% 7,563 SH
48 ISHARES TR IVE 464287408 $3.6M 0.23% 15,625 SH
49 ISHARES TR ARTY 46435U556 $3.5M 0.23% 44,779 SH
50 ISHARES TR IWB 464287622 $3.0M 0.19% 7,134 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-16 $1.53B 190 0001420506-26-002328
2026-06-30 2026-07-15 $1.49B 187 0001420506-26-001235
2026-03-31 2026-04-23 $1.27B 172 0001420506-26-000710
2025-12-31 2026-01-23 $1.30B 169 0001420506-26-000092
Filer Information
Address
1655 NORTH MAIN STREET
SUITE 360
WALNUT CREEK, CA 94596
Phone
(925) 933-3786
Filing Manager
Gemmer Asset Management LLC
WALNUT CREEK, CA
Signatory
Patricia Mullin
Chief Compliance Officer