Q2 2026 13F · SEC CIK 1607825

Gemmer Asset Management LLC

Wealth managerFiled 2026-07-15 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.5B
Reported positions: 187
Top holdings a year, 3 yrs: +15.3%
Assets under management: $2.4B

Gemmer Asset Management LLC is a wealth manager that reported 187 positions worth $1.5B in its Q2 2026 13F, filed 2026-07-15. Its largest holdings were Schwab Intl Equity (SCHF, 11.5%), Schwab Strategic Tr (SCHV, 7.9%), Schwab U.s. Large-Cap Growth ETF (SCHG, 7.1%). A portfolio copying its top holdings returned 15.3% a year over the last 3 years, against 20.4% for the S&P 500.

Gemmer Asset Management LLC holdings largest 50 of 187 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Gemmer Asset Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SCHFSchwab Intl Equity	11.5%	11.9%	6,157,146	+1.0%	$170.6M
SCHVSchwab Strategic Tr	7.9%	8.3%	3,373,480	-1.7%	$117.4M
SCHGSchwab U.s. Large-Cap Growth ETF	7.1%	7.1%	3,100,787	+0.9%	$104.9M
MUMicron Technology Inc	6.7%	2.3%	86,773	+0.3%	$100.2M
FNDXSchwab Strategic Tr	5.6%	5.9%	2,688,126	+0.2%	$83.6M
BSVVanguard Bd Index Fds Vanguard Short Ter	4.4%	5.1%	838,296	+2.2%	$65.3M
VEAVanguard Tax-Managed Fds	4.3%	4.5%	906,069	+0.9%	$64.6M
SCHASchwab U.s. Small-Cap ETF	3.7%	3.5%	1,517,147	-0.3%	$54.8M
NVDANvidia Corporation Com	3.4%	3.8%	253,718	-8.8%	$50.8M
EFAXSpdr Msci Eafa Fossil Fuel	2.6%	2.7%	713,531	+2.7%	$38.6M
SCHBSchwb US Broad	2.1%	2.2%	1,104,883	-1.2%	$32.0M
SCHMSchwab Strategic Tr	2.1%	2.2%	863,655	-2.5%	$31.8M
SPYXSPDR S&P 500 Fossil Fuel Reserv	1.9%	1.9%	451,355	-0.5%	$27.6M
SPSBSpdr Series Trust	1.7%	2.0%	847,978	+2.4%	$25.4M
PYLDPimco Multisector Bond Active Exchange-T	1.7%	1.9%	957,658	+1.7%	$25.4M
FNDASchwab Strategic Tr	1.7%	1.7%	656,112	+1.4%	$25.0M
ESGVVanguard World Fd	1.6%	1.6%	183,341	-0.2%	$24.2M
VBVanguard Indx Fd	1.4%	1.4%	69,547	-0.1%	$21.1M
VUGVanguard Indx Fd	1.4%	1.4%	242,586	+515.1%	$20.9M
ABMAbm Inds Inc	1.4%	1.4%	468,484	+0.0%	$20.7M
DSIiShares ESG MSCI KLD 400 ETF	1.3%	1.3%	139,453	+0.6%	$19.9M
DFICDfa Dimensional Intl Core Equit	1.3%	1.4%	515,909	+3.5%	$19.2M
VTVVanguard Value ETF	1.2%	1.3%	78,997	-3.8%	$17.2M
BIVVanguard Bd Index Fds	1.1%	1.3%	219,824	+0.5%	$16.9M
IGSBIshares 1-3 Yr Credit Bond ETF	1.1%	1.3%	316,610	+0.3%	$16.6M
AAPLApple Inc	1.1%	1.1%	55,214	+0.6%	$16.0M
DUHPDimensional ETF Trust	1.1%	1.0%	378,691	+5.8%	$15.8M
SCHESchwab Strategic Tr	0.9%	1.0%	382,946	+3.5%	$13.9M
DFACDimensional U.s. Core Equity 2	0.9%	0.9%	287,705	+1.8%	$12.8M
DFLVDimensional ETF Trust	0.8%	0.8%	300,648	+5.6%	$11.9M
DFASDimensional ETF Trust	0.8%	0.8%	143,008	+3.3%	$11.8M
SBUXStarbucks Corp Com	0.7%	0.7%	105,495	+0.5%	$10.8M
VOVanguard Index Fds	0.7%	0.8%	130,687	+291.1%	$10.5M
DFUSDimensional ETF Trust	0.5%	0.5%	88,405	+0.4%	$7.2M
CHATTidal Trust II	0.5%	—	70,695	—	$7.0M
53656F417Listed Fds Tr	0.5%	0.6%	12,078	-0.7%	$6.8M
TSMTaiwan Semiconductor Manufac	0.5%	0.4%	14,076	+0.0%	$6.7M
ESMLIshares Tr	0.4%	0.4%	107,264	+3.1%	$6.0M
JAVAJ P Morgan Exchange Traded F	0.4%	0.4%	72,368	-1.5%	$5.7M
EFAiShs MSCI EAFE	0.4%	0.4%	53,756	+1.1%	$5.6M
MSFTMicrosoft Corp	0.4%	0.4%	14,514	+3.2%	$5.4M
INTCIntel Corp	0.3%	—	36,374	—	$5.1M
IVVIshares Core S&p 500 ETF	0.3%	0.3%	5,908	+1.6%	$4.4M
AMZNAmazon Com Inc Com	0.3%	0.3%	18,410	+0.4%	$4.4M
SHYiShs Lehman 1-3Tsy	0.3%	0.4%	52,598	-3.0%	$4.3M
GPROGoPro Inc.	0.3%	0.3%	11,532	+1.4%	$4.1M
IVEIshares S&p 500 Value ETF	0.3%	0.3%	17,231	-0.5%	$3.9M
SPYSpdr S&p 500 ETF Tr	0.3%	0.3%	5,233	-6.8%	$3.9M
AMATApplied Matls Inc	0.3%	—	5,193	—	$3.8M
BRK-BBerkshire Hathaway Inc Del	0.2%	0.3%	7,163	+1.9%	$3.6M

What Gemmer Asset Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

Reduced

NVDA Nvidia Corporation Com-8.8% shares
SPY Spdr S&p 500 ETF Tr-6.8% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +18.6% /yr; S&P 500 +20.1%
3 years: +15.3% /yr; S&P 500 +20.4%
5 years: +6.0% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.5B	187
Q1 2026	$1.3B	172
Q4 2025	$1.3B	169
Q3 2025	$1.2B	169
Q2 2025	$1.1B	165
Q1 2025	$1.0B	156
Q4 2024	$1.0B	151
Q3 2024	$999.5M	149
Q2 2024	$934.5M	139
Q1 2024	$861.4M	131
Q4 2023	$814.9M	127
Q3 2023	$741.2M	125

Questions about Gemmer Asset Management LLC's portfolio

What stocks does Gemmer Asset Management LLC own?

Gemmer Asset Management LLC's latest 13F, for Q2 2026 and filed Jul 15, 2026, lists 187 positions worth $1.5B. The largest are Schwab Intl Equity (SCHF) at 11.5%, Schwab Strategic Tr (SCHV) at 7.9%, Schwab U.s. Large-Cap Growth ETF (SCHG) at 7.1%, Micron Technology Inc (MU) at 6.7% and Schwab Strategic Tr (FNDX) at 5.6%.

What did Gemmer Asset Management LLC buy last quarter?

In Q2 2026, Gemmer Asset Management LLC added Vanguard Indx Fd (VUG) (+515.1% shares), Vanguard Index Fds (VO) (+291.1% shares) and Dimensional ETF Trust (DUHP) (+5.8% shares), compared with its Q1 2026 filing.

What did Gemmer Asset Management LLC sell last quarter?

In Q2 2026, Gemmer Asset Management LLC cut from its top 50 Ero Copper Corp (ERO), cut from its top 50 Agnico Eagle Mines Ltd (AEM), cut from its top 50 Vertiv Holdings Co (VRT), Nvidia Corporation Com (NVDA) (-8.8% shares) and Spdr S&p 500 ETF Tr (SPY) (-6.8% shares), compared with its Q1 2026 filing.

How has Gemmer Asset Management LLC's portfolio performed?

A portfolio copying Gemmer Asset Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +18.6% against +20.1%. Over 5 years: +6.0% a year against +11.6%.

When is Gemmer Asset Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Gemmer Asset Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Gemmer Asset Management LLC manage?

Gemmer Asset Management LLC reported $2.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.5B.