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Asset Manager ← All Institutions

Gemmer Asset Management LLC

1655 NORTH MAIN STREET SUITE 360, WALNUT CREEK, CA 94596 • 925-933-3786

Q4 2025 · Filed 2026-01-23
Market Value
$1.3B
+4.7%
Holdings
174
-3
New Purchases
5
Added To
89
Closed
5
Reduced
62
Top 10 Concentration
53.5%
Turnover
5.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHG 6.79% 5.17% +1.62% $88M
MU 1.28% 0.43% +0.85% $17M
SCHF 11.01% 10.40% +0.61% $143M
SCHA 3.31% 2.97% +0.34% $43M
ESML 0.33% 0.00% +0.33% $4M
EFAX 2.57% 2.26% +0.31% $33M
METV 0.62% 0.42% +0.20% $8M
SCHE 0.88% 0.75% +0.13% $11M
DFIC 1.27% 1.15% +0.11% $16M
VGK 0.21% 0.10% +0.11% $3M
INTU 0.13% 0.02% +0.11% $2M
SLV 0.11% 0.00% +0.11% $1M
TAN 0.10% 0.00% +0.10% $1M
ESGV 1.66% 1.56% +0.09% $22M
VEA 4.27% 4.18% +0.09% $55M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SCHV 8.40% 10.17% -1.77% $109M
EVI 1.94% 2.61% -0.67% $25M
IJT 0.00% 0.50% -0.50% $0
NOW 1.43% 1.79% -0.37% $19M
ABM 1.53% 1.75% -0.22% $20M
SCHM 2.18% 2.37% -0.20% $28M
NVDA 4.32% 4.51% -0.19% $56M
IGV 0.80% 0.98% -0.19% $10M
VTV 1.22% 1.38% -0.16% $16M
SCHB 2.27% 2.39% -0.12% $29M
IBIT 0.04% 0.13% -0.09% $517K
FNDX 5.55% 5.64% -0.09% $72M
APP 0.64% 0.72% -0.07% $8M
SPSB 2.76% 2.83% -0.07% $36M
PLTR 0.04% 0.11% -0.06% $574K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 85.2%
Technology 9.0%
Industrials 2.1%
Consumer Cyclical 1.3%
Basic Materials 1.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 49 $243M 18.7%
Large Cap 92 $885M 68.2%
Mid Cap 20 $93M 7.2%
Small Cap 7 $40M 3.0%
Micro Cap 6 $38M 2.9%

Portfolio Analytics

Avg Market Cap
$274.7B
Median Market Cap
$75.7B
Avg P/E
43.1
Median P/E
29.6
Avg Dividend Yield
0.01%
Avg Beta
1.00
# Stocks
76
# ETFs / Funds
98

Top Holdings (174 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SCHF 11.01% 5,947,539 $143M $24.04 $14M +407,398 +7.3%
2 SCHV 8.40% 3,683,118 $109M $29.61 -$17M -648,510 -15.0%
3 SCHG 6.79% 2,702,334 $88M $32.62 $24M +694,019 +34.6%
4 FNDX 5.55% 2,649,062 $72M $27.21 $2M -9,505 -0.4%
5 BSV 4.52% 745,271 $59M $78.81 $2M +27,620 +3.9%
6 NVDA 4.32% 300,866 $56M $186.50 $171K +1,044 +0.3%
7 VEA 4.27% 887,584 $55M $62.47 $4M +22,186 +2.6%
8 SCHA 3.31% 1,511,541 $43M $28.48 $6M +191,700 +14.5%
9 SPSB 2.76% 1,187,043 $36M $30.20 $807K +30,170 +2.6%
10 EFAX 2.57% 661,907 $33M $50.47 $5M +93,000 +16.4%
11 SCHB 2.27% 1,124,612 $29M $26.23 -$192K -30,201 -2.6%
12 SCHM 2.18% 939,794 $28M $30.07 -$1M -53,531 -5.4%
13 EVI 1.94% 1,022,495 $25M $24.64 -$7M
14 SPYX 1.92% 443,447 $25M $56.19 $696K +1,849 +0.4%
15 PYLD 1.79% 873,115 $23M $26.68 $929K +39,832 +4.8%
16 ESGV 1.66% 177,806 $22M $120.96 $2M +14,046 +8.6%
17 FNDA 1.55% 640,871 $20M $31.51 $648K +13,605 +2.2%
18 ABM 1.53% 468,484 $20M $42.30 -$2M -2,086 -0.4%
19 VUG 1.46% 38,764 $19M $487.87 $2M +2,921 +8.2%
20 NOW 1.43% 120,915 $19M $153.19 -$4M +96,772 +400.8%
21 VB 1.36% 68,354 $18M $257.95 $227K -92 -0.1%
22 DSI 1.35% 136,503 $18M $128.83 $67K -2,587 -1.9%
23 MU 1.28% 58,056 $17M $285.41 $11M +26,475 +83.8%
24 DFIC 1.27% 476,867 $16M $34.46 $2M +40,870 +9.4%
25 VTV 1.22% 83,144 $16M $190.99 -$1M -8,558 -9.3%
26 AAPL 1.15% 55,168 $15M $271.86 $572K -1,486 -2.6%
27 DUHP 1.03% 350,305 $13M $38.03 $425K +8,845 +2.6%
28 SCHE 0.88% 350,116 $11M $32.75 $2M +71,360 +25.6%
29 BIV 0.86% 143,981 $11M $77.88 $19K +626 +0.4%
30 DFAC 0.85% 277,720 $11M $39.59 $560K +7,179 +2.6%
31 IGV 0.80% 97,840 $10M $105.69 -$2M -8,184 -7.7%
32 VO 0.77% 34,368 $10M $290.23 -$309K -639 -1.8%
33 DFAS 0.72% 134,462 $9M $69.67 $1M +13,329 +11.0%
34 DFLV 0.71% 269,393 $9M $34.21 $790K +13,281 +5.2%
35 SBUX 0.68% 105,144 $9M $84.21 -$272K -2,734 -2.5%
36 APP 0.64% 12,422 $8M $673.82 -$548K +11 +0.1%
37 METV 0.62% 12,197 $8M $660.11 $3M +5,071 +71.2%
38 MSFT 0.54% 14,403 $7M $483.63 -$479K +30 +0.2%
39 AGG 0.49% 63,938 $6M $99.88 $248K +2,706 +4.4%
40 DFUS 0.49% 86,064 $6M $74.17 $180K +426 +0.5%
41 SHY 0.42% 65,511 $5M $82.82 -$172K -1,965 -2.9%
42 JAVA 0.40% 73,248 $5M $71.72 $69K -1,932 -2.6%
43 EFA 0.39% 52,883 $5M $96.03 $186K +482 +0.9%
44 VBK 0.37% 15,883 $5M $302.11 $71K
45 AMZN 0.34% 18,982 $4M $230.82 $967K +3,433 +22.1%
46 ESML 0.33% 92,769 $4M $45.98 +92,769 NEW
47 CHAT 0.31% 68,656 $4M $58.96 -$572K -6,460 -8.6%
48 IVV 0.31% 5,883 $4M $685.00 $169K +115 +2.0%
49 SPY 0.30% 5,659 $4M $682.03 $69K -30 -0.5%
50 IVE 0.30% 18,082 $4M $212.07 $475K +1,812 +11.1%
51 BRK-B 0.28% 7,223 $4M $502.65 -$26K -49 -0.7%
52 GPRO 0.28% 11,463 $4M $313.02 $826K +101 +0.9%
53 VWO 0.22% 54,320 $3M $53.76 -$122K -1,830 -3.3%
54 VGK 0.21% 33,282 $3M $83.61 $1M +16,987 +104.2%
55 IGSB 0.21% 52,035 $3M $52.88 $27K +654 +1.3%
56 IWB 0.20% 7,098 $3M $373.48 $57K
57 VTI 0.19% 7,251 $2M $335.28 $104K +161 +2.3%
58 TSM 0.18% 7,766 $2M $303.89 $187K -16 -0.2%
59 LHX 0.18% 7,743 $2M $293.57 -$99K -23 -0.3%
60 HD 0.17% 6,474 $2M $344.12 $385K +1,927 +42.4%
61 CGGR 0.17% 49,552 $2M $44.47 $38K +248 +0.5%
62 TSLA 0.15% 4,252 $2M $449.74 $4K -39 -0.9%
63 QCOM 0.14% 10,306 $2M $171.06 $54K +37 +0.4%
64 INTU 0.13% 2,520 $2M $662.63 $1M +2,152 +584.8%
65 NFLX 0.13% 17,658 $2M $93.76 $44K +16,314 +1213.8%
66 JNJ 0.13% 7,885 $2M $206.97 $128K -224 -2.8%
67 IVW 0.12% 13,138 $2M $123.26 $307K +2,270 +20.9%
68 DFSV 0.12% 47,541 $2M $32.89 $70K +627 +1.3%
69 ORCL 0.12% 8,015 $2M $194.93 -$715K -81 -1.0%
70 URA 0.11% 33,649 $1M $42.73 $255K +8,828 +35.6%
71 DFAE 0.11% 43,379 $1M $32.57 $22K -741 -1.7%
72 SLV 0.11% 21,805 $1M $64.42 +21,805 NEW
73 JPM 0.10% 4,175 $1M $322.25 -$67K -301 -6.7%
74 VRT 0.10% 8,206 $1M $162.01 $93K +8 +0.1%
75 LLY 0.10% 1,226 $1M $1,075.51 $556K +227 +22.7%
76 ARTY 0.10% 26,560 $1M $48.18 $253K +4,143 +18.5%
77 TAN 0.10% 25,954 $1M $49.12 +25,954 NEW
78 VOOV 0.10% 6,116 $1M $204.87 $33K
79 BAC 0.09% 20,664 $1M $55.00 $536K +9,022 +77.5%
80 COST 0.09% 1,315 $1M $862.58 $252K +362 +38.0%
81 SCHK 0.08% 33,451 $1M $32.80 $108K +2,659 +8.6%
82 CCJ 0.08% 11,579 $1M $91.49 $89K +2 +0.0%
83 UPST 0.08% 24,018 $1M $43.73 -$246K -1,495 -5.9%
84 IJR 0.08% 8,614 $1M $120.19 $158K +1,235 +16.7%
85 V 0.08% 2,946 $1M $350.73 $47K +59 +2.0%
86 DFEM 0.08% 30,566 $1M $33.08 $52K +644 +2.1%
87 ETN 0.07% 2,967 $945K $318.51 -$168K -8 -0.3%
88 NOBL 0.07% 8,774 $913K $104.07 $9K
89 ITOT 0.07% 5,835 $868K $148.69 $20K +17 +0.3%
90 WMT 0.07% 7,702 $858K $111.42 $58K -59 -0.8%
91 IJH 0.07% 12,914 $852K $66.00 $11K +19 +0.1%
92 VIG 0.06% 3,727 $819K $219.81 $13K -11 -0.3%
93 PCG 0.06% 49,154 $790K $16.07 $49K
94 CSCO 0.06% 9,948 $766K $77.04 $86K +9 +0.1%
95 BRK-A 0.06% 1 $755K $754,800.00 +1 NEW
96 DFAI 0.05% 18,249 $695K $38.11 $29K -97 -0.5%
97 CVX 0.05% 4,165 $635K $152.43 -$41K -185 -4.2%
98 ABBV 0.05% 2,695 $616K $228.49 -$12K -18 -0.7%
99 PLTR 0.04% 3,229 $574K $177.75 -$772K -4,147 -56.2%
100 AMD 0.04% 2,668 $571K $214.20 $155K +93 +3.6%

New Positions

SymbolValue% Port
ESML $4M 0.33%
SLV $1M 0.11%
TAN $1M 0.10%
BRK-A $755K 0.06%
ESGE $415K 0.03%

Sold Out Positions

SymbolValue% Port
WMB —%
IJT —%
PANW —%
DHS —%
IJK —%
View SEC EDGAR Filings for Gemmer Asset Management LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms