13F Insight
DOSSIER · 13F-HR · Q2 2026

Gemmer Asset Management LLC

$1.5B in tracked AUM across 187 positions as of Q2 2026.

GA
CIK 0001607825 · last filed Jun 30, 2026
Total AUM
$1.5B
as of Q2 2026
Holdings
187
—
positions
Whale Score
63
63
tracked
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Comprehensive Analysis of SEC 13F Filing: Gemmer Asset Management LLC

Portfolio Overview

Gemmer Asset Management LLC reported a significant transformation in its investment portfolio for the period ending December 31, 2025. The firm experienced a massive expansion in Assets Under Management (AUM), with the total portfolio value surging by 301.8% from approximately $323.22 million to $1.30 billion. This four-fold increase suggests substantial capital inflows, a consolidation...

The portfolio structure is highly diversified, currently comprising 169 holdings. However, the management approach appears to be shifting away from a concentrated stock-picking strategy toward a "core-satellite" or model-based ETF architecture. The diversification is broad across market caps and geographies, but the allocation methodology is heavily skewed toward passive indexing and strategic beta funds, as evidenced by the dominance of ETFs in the asset allocation.

Key Holdings

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
SCHF
SCHWAB STRATEGIC TR
$171M6.2M11.5%02
SCHV
SCHWAB STRATEGIC TR
$117M3.4M7.9%03
SCHG
SCHWAB STRATEGIC TR
$105M3.1M7.1%04
MU
MICRON TECHNOLOGY INC
$100M87K6.7%05
FNDX
SCHWAB STRATEGIC TR
$84M2.7M5.6%06
BSV
VANGUARD BD INDEX FDS
$65M838K4.4%07
VEA
VANGUARD TAX-MANAGED FDS
$65M906K4.3%08
SCHA
SCHWAB STRATEGIC TR
$55M1.5M3.7%09
NVDA
NVIDIA CORPORATION
$51M254K3.4%10
EFAX
SPDR INDEX SHS FDS
$39M714K2.6%

Filing history

2026Q2Jun 30
$1.5B▲ 17.6%
187 positionsView →2026Q1Mar 31
$1.3B▼ 2.6%
172 positionsView →2025Q4Dec 31
$1.3B▲ 4.7%
169 positionsView →2025Q3Sep 30
$1.2B▲ 10.1%
170 positionsView →2025Q2Jun 30
$1.1B▲ 12.5%
165 positionsLocked2025Q1Mar 31
$1.0B▼ 1.4%
156 positionsLocked2024Q4Dec 31
$1.0B▲ 1.7%
151 positionsLocked2024Q3Sep 30
$999M▲ 6.9%
149 positionsLocked2024Q2Jun 30
$935M▲ 8.5%
139 positionsLocked2024Q1Mar 31
$861M▲ 5.7%
131 positionsLocked2023Q4Dec 31
$815M▲ 9.9%
127 positionsLocked2023Q3Sep 30
$741M▲ 0.8%
125 positionsLocked
Showing 12 of 40