Q3 2026 13F · SEC CIK 1607825

Gemmer Asset Management LLC

Wealth managerFiled 2026-10-16 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.5B
Reported positions: 189
Top holdings a year, 3 yrs: +15.3%
Assets under management: $2.4B

Gemmer Asset Management LLC is a wealth manager that reported 189 positions worth $1.5B in its Q3 2026 13F, filed 2026-10-16. Its largest holdings were Schwab Strategic Tr (SCHF, 11.1%), Schwab Strategic Tr (SCHG, 7.7%), Schwab Strategic Tr (SCHV, 7.3%). 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 189 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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	Q2 2026	Shares	Share change	Reported value
SCHFSchwab Strategic Tr	11.1%	11.5%	6,190,997	+0.5%	$170.1M
SCHGSchwab Strategic Tr	7.7%	7.1%	3,288,196	+6.0%	$118.1M
SCHVSchwab Strategic Tr	7.3%	7.9%	3,341,318	-1.0%	$111.3M
MUMicron Technology Inc	6.0%	6.7%	86,828	+0.1%	$92.5M
FNDXSchwab Strategic Tr	5.5%	5.6%	2,676,976	-0.4%	$84.2M
IBIEIshares Tr	4.9%	—	2,919,207	—	$74.9M
BSVVanguard Bd Index Fds	4.4%	4.4%	879,180	+4.9%	$67.2M
SPSBSpdr Series Trust	4.3%	1.7%	1,626,010	+91.8%	$65.6M
VEAVanguard Ftse Developed Markets Index Fu	4.2%	4.3%	916,034	+1.1%	$64.7M
NVDANvidia Corporation	3.8%	3.4%	252,625	-0.4%	$57.7M
SCHASchwab Strategic Tr	3.3%	3.7%	1,529,297	+0.8%	$49.9M
SCHBSchwab Strategic Tr	2.1%	2.1%	1,078,260	-2.4%	$31.6M
SCHMSchwab Strategic Tr	1.9%	2.1%	857,693	-0.7%	$29.2M
SPYXSpdr Series Trust	1.9%	1.9%	453,917	+0.6%	$28.4M
PYLDPimco ETF Tr	1.6%	1.7%	989,802	+3.4%	$25.1M
ESGVVanguard World Fd	1.6%	1.6%	184,882	+0.8%	$25.1M
FNDASchwab Strategic Tr	1.5%	1.7%	666,955	+1.7%	$23.3M
ABMAbm Inds Inc	1.5%	1.4%	467,885	-0.1%	$22.5M
VUGVanguard Index Fds	1.4%	1.4%	244,046	+0.6%	$22.0M
VBVanguard Index Fds	1.3%	1.4%	70,706	+1.7%	$20.1M
DSIIshares Tr	1.3%	1.3%	137,567	-1.4%	$20.1M
DFICDimensional ETF Trust	1.3%	1.3%	530,953	+2.9%	$20.0M
AAPLApple Inc	1.2%	1.1%	55,430	+0.4%	$18.5M
VTVVanguard Index Fds	1.1%	1.2%	78,725	-0.3%	$17.0M
IGSBIshares Tr	1.1%	1.1%	320,090	+1.1%	$16.4M
SCHESchwab Strategic Tr	1.0%	0.9%	399,810	+4.4%	$14.6M
DFACDimensional ETF Trust	0.9%	0.9%	312,937	+8.8%	$13.9M
DFLVDimensional ETF Trust	0.8%	0.8%	307,661	+2.3%	$12.4M
DFASDimensional ETF Trust	0.7%	0.8%	143,532	+0.4%	$11.1M
VOVanguard Index Fds	0.7%	0.7%	130,179	-0.4%	$10.2M
SBUXStarbucks Corp	0.6%	0.7%	105,475	-0.0%	$9.9M
MSFTMicrosoft Corp	0.5%	0.4%	14,772	+1.8%	$7.6M
DFUSDimensional ETF Trust	0.5%	0.5%	88,535	+0.1%	$7.4M
TSMTaiwan Semiconductor Manufac	0.4%	0.5%	14,090	+0.1%	$6.4M
53656F417Listed Fds Tr	0.4%	0.5%	8,819	-27.0%	$6.4M
CHATTidal Trust II	0.4%	0.5%	69,391	-1.8%	$6.4M
ESMLIshares Tr	0.4%	0.4%	110,892	+3.4%	$5.8M
JAVAJ P Morgan Exchange Traded F	0.4%	0.4%	71,113	-1.7%	$5.7M
EFAIshares Tr	0.4%	0.4%	52,683	-2.0%	$5.5M
IVVIshares Tr	0.3%	0.3%	6,241	+5.6%	$4.8M
INTCIntel Corp	0.3%	0.3%	36,506	+0.4%	$4.4M
SHYIshares Tr	0.3%	0.3%	52,665	+0.1%	$4.3M
AMZNAmazon Com Inc	0.3%	0.3%	16,760	-9.0%	$4.2M
SPYState Str Spdr S&p 500 ETF T	0.3%	0.3%	5,211	-0.4%	$4.0M
GPROGopro Inc	0.3%	0.3%	11,470	-0.5%	$3.9M
BRK-BBerkshire Hathaway Inc Del	0.2%	0.2%	7,563	+5.6%	$3.8M
IVEIshares Tr	0.2%	0.3%	15,625	-9.3%	$3.6M
ARTYIshares Tr	0.2%	—	44,779	—	$3.5M
IWBIshares Tr	0.2%	—	7,134	—	$3.0M
VTIVanguard Index Fds	0.2%	—	7,466	—	$2.8M

What Gemmer Asset Management LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

SPSB Spdr Series Trust+91.8% shares
DFAC Dimensional ETF Trust+8.8% shares
SCHG Schwab Strategic Tr+6.0% shares
IVV Ishares Tr+5.6% shares
BRK-B Berkshire Hathaway Inc Del+5.6% shares

Reduced

Listed Fds Tr-27.0% shares
IVE Ishares Tr-9.3% shares
AMZN Amazon Com Inc-9.0% shares

Left the top 50

Share counts compared with the Q2 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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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
Q3 2026	$1.5B	189
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

Questions about Gemmer Asset Management LLC's portfolio

What stocks does Gemmer Asset Management LLC own?

Gemmer Asset Management LLC's latest 13F, for Q3 2026 and filed Oct 16, 2026, lists 189 positions worth $1.5B. The largest are Schwab Strategic Tr (SCHF) at 11.1%, Schwab Strategic Tr (SCHG) at 7.7%, Schwab Strategic Tr (SCHV) at 7.3%, Micron Technology Inc (MU) at 6.0% and Schwab Strategic Tr (FNDX) at 5.5%.

What did Gemmer Asset Management LLC buy last quarter?

In Q3 2026, Gemmer Asset Management LLC added Spdr Series Trust (SPSB) (+91.8% shares), Dimensional ETF Trust (DFAC) (+8.8% shares) and Schwab Strategic Tr (SCHG) (+6.0% shares), compared with its Q2 2026 filing.

What did Gemmer Asset Management LLC sell last quarter?

In Q3 2026, Gemmer Asset Management LLC cut from its top 50 Spdr Index Shs Fds (EFAX), cut from its top 50 Vanguard Bd Index Fds (BIV), cut from its top 50 Dimensional ETF Trust (DUHP), cut from its top 50 Applied Matls Inc (AMAT), Listed Fds Tr (-27.0% shares), Ishares Tr (IVE) (-9.3% shares) and Amazon Com Inc (AMZN) (-9.0% shares), compared with its Q2 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 Dec 31, 2026 is due by Feb 14, 2027; 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.