# EDGAR Filing Document

**Accession Number:** 0001607825
**File Stem:** 0001420506-23-000055
**Filing Date:** 2023-1
**Character Count:** 14694
**Document Hash:** 8ab032ccafeb0202417193ee0a007adf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-23-000055.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001420506-23-000055

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gemmer Asset Management LLC
- **CENTRAL INDEX KEY:** 0001607825
- **IRS NUMBER:** 943317854

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16189
- **FILM NUMBER:** 23539760

**BUSINESS ADDRESS:**
- **STREET 1:** 1655 NORTH MAIN STREET
- **STREET 2:** SUITE 360
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 925-933-3786

**MAIL ADDRESS:**
- **STREET 1:** 1655 NORTH MAIN STREET
- **STREET 2:** SUITE 360
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Gemmer Asset Management LLC<br>**Address:** 1655 NORTH MAIN STREET<br>SUITE 360<br>WALNUT CREEK, CA 94596

**Form 13F File Number:** 028-16189

**CRD Number (if applicable):** 000109034

**SEC File Number (if applicable):** 801-56517

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Patricia Mullin<br>**Title:** Chief Compliance Officer<br>**Phone:** 925-933-3786

**Signature, Place, and Date of Signing:**

Patricia Mullin Chief Compliance Officer  WALNUT CREEK, CA  01-20-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 114

**Form 13F Information Table Value Total:** $631948993

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name          | Form 13F File Number   |
|:---|:---|:---|
|  | Pathstone LLC | 801-70776              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 467767 | 4261 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 670889 | 4151 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ABM INDS INC | COM | 000957100 |  | 21057612 | 474057 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 4671089 | 13880 | SH |  | OTR | 1 | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1382136 | 16454 | SH |  | OTR | 1 | 0 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 281550 | 1072 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ANIXA BIOSCIENCES INC | COM | 03528H109 |  | 148750 | 35000 | SH |  | SOLE |  | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4998058 | 38467 | SH |  | OTR | 1 | 0 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 466246 | 14077 | SH |  | OTR | 1 | 0 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1417851 | 4590 | SH |  | OTR | 1 | 0 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 496009 | 700 | SH |  | OTR | 1 | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 513996 | 7144 | SH |  | OTR | 1 | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 200991 | 839 | SH |  | OTR | 1 | 0 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 903925 | 5036 | SH |  | OTR | 1 | 0 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 443748 | 9315 | SH |  | OTR | 1 | 0 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 223335 | 3511 | SH |  | OTR | 1 | 0 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 238817 | 2024 | SH |  | OTR | 1 | 0 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 302318 | 662 | SH |  | OTR | 1 | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VAL | 25434V666 |  | 2039841 | 83157 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 6917514 | 135240 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 3935301 | 94576 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 230586 | 9209 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 1781695 | 73381 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 988838 | 32528 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US HIGH PROFITAB | 25434V831 |  | 707173 | 29453 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL HIGH PROFIT | 25434V765 |  | 313022 | 14196 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 8828116 | 394994 | SH |  | SOLE |  | 0 | 0 | 0 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 |  | 323455 | 14401 | SH |  | SOLE |  | 0 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 320465 | 3689 | SH |  | OTR | 1 | 0 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 455626 | 2903 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 226733 | 442 | SH |  | OTR | 1 | 0 | 0 | 0 |
| EVI INDS INC | COM | 26929N102 |  | 24406956 | 1022495 | SH |  | SOLE |  | 0 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TR | EMQQ EM INTERN | 301505889 |  | 397655 | 13376 | SH |  | SOLE |  | 0 | 0 | 0 |
| GOPRO INC | CL A | 38268T103 |  | 1124668 | 12747 | SH |  | OTR | 1 | 0 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 558815 | 1769 | SH |  | OTR | 1 | 0 | 0 | 0 |
| HORMEL FOODS CORP | COM | 440452100 |  | 1198101 | 26303 | SH |  | OTR | 1 | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 457447 | 17308 | SH |  | OTR | 1 | 0 | 0 | 0 |
| INTRA-CELLULAR THERAPIES INC | COM | 46116X101 |  | 555660 | 10500 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 339643 | 5166 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 560051 | 5918 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 514634 | 2128 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3132719 | 47726 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | MSCI KLD400 SOC | 464288570 |  | 6483717 | 90315 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 8664007 | 106739 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 6134201 | 63246 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 1547350 | 7350 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2670862 | 6952 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 3431788 | 13413 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 2938593 | 58984 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 264801 | 1236 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 265069 | 1520 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 458186 | 7832 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 756662 | 5216 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | CALIF MUN BD ETF | 464288356 |  | 365160 | 6508 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 229278 | 4059 | SH |  | SOLE |  | 0 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 217811 | 4345 | SH |  | SOLE |  | 0 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1293644 | 7323 | SH |  | OTR | 1 | 0 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 431603 | 3219 | SH |  | OTR | 1 | 0 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1592182 | 7647 | SH |  | OTR | 1 | 0 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 275478 | 753 | SH |  | OTR | 1 | 0 | 0 | 0 |
| LISTED FD TR | ROUNDHILL BALL | 53656F417 |  | 455655 | 3786 | SH |  | OTR | 1 | 0 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 234975 | 483 | SH |  | OTR | 1 | 0 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 335559 | 965 | SH |  | OTR | 1 | 0 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 262066 | 994 | SH |  | OTR | 1 | 0 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 435816 | 3928 | SH |  | OTR | 1 | 0 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 3132492 | 13062 | SH |  | OTR | 1 | 0 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 397793 | 1349 | SH |  | OTR | 1 | 0 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 414289 | 2835 | SH |  | OTR | 1 | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 529678 | 6480 | SH |  | OTR | 1 | 0 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 315794 | 1748 | SH |  | OTR | 1 | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 461715 | 9011 | SH |  | OTR | 1 | 0 | 0 | 0 |
| PG CORP | COM | 69331C108 |  | 427329 | 26281 | SH |  | OTR | 1 | 0 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 399553 | 2636 | SH |  | OTR | 1 | 0 | 0 | 0 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 212826 | 2365 | SH |  | SOLE |  | 0 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 277397 | 2523 | SH |  | OTR | 1 | 0 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1048031 | 12587 | SH |  | OTR | 1 | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US LG | 808524771 |  | 32618094 | 610369 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 36314743 | 896439 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 74918662 | 1134787 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 27509672 | 495134 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 61634657 | 1913526 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 15431754 | 344382 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 |  | 518849 | 16487 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 3579365 | 151219 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US SC | 808524763 |  | 15828408 | 338793 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 27064981 | 412513 | SH |  | SOLE |  | 0 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 6231106 | 16048 | SH |  | OTR | 1 | 0 | 0 | 0 |
| SPDR INDEX SHS FDS | MSCI EAFE FS ETF | 78470E106 |  | 6750810 | 99252 | SH |  | SOLE |  | 0 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1885204 | 4930 | SH |  | OTR | 1 | 0 | 0 | 0 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 23496802 | 799755 | SH |  | SOLE |  | 0 | 0 | 0 |
| SPDR SER TR | SPDR S 500 ETF | 78468R796 |  | 4978651 | 53333 | SH |  | SOLE |  | 0 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 11230769 | 113213 | SH |  | OTR | 1 | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 202098 | 1356 | SH |  | OTR | 1 | 0 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 723313 | 5872 | SH |  | OTR | 1 | 0 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 234594 | 426 | SH |  | OTR | 1 | 0 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 333133 | 7742 | SH |  | OTR | 1 | 0 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 366885 | 692 | SH |  | OTR | 1 | 0 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 10155088 | 136640 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 46353206 | 615744 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 11068681 | 60307 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 8891831 | 43628 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 751872 | 3933 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 6972966 | 32720 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 8339797 | 59413 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1407457 | 36107 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 351143 | 5274 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 522971 | 3444 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 33696238 | 802865 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 2995058 | 45476 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 365897 | 1475 | SH |  | SOLE |  | 0 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 851773 | 4100 | SH |  | OTR | 1 | 0 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 313880 | 2214 | SH |  | OTR | 1 | 0 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 211792 | 6832 | SH |  | OTR | 1 | 0 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 285632 | 1707 | SH |  | SOLE |  | 0 | 0 | 0 |

---