<SEC-DOCUMENT>0000909450-15-000001-index.html : 20150218
<SEC-HEADER>0000909450-15-000001.hdr.sgml : 20150216
<ACCEPTANCE-DATETIME>20150213173840
ACCESSION NUMBER:		0000909450-15-000001
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141231
FILED AS OF DATE:		20150217
DATE AS OF CHANGE:		20150213
EFFECTIVENESS DATE:		20150217

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRUBER & MCBAINE CAPITAL MANAGEMENT LLC
		CENTRAL INDEX KEY:			0000909450
		IRS NUMBER:				770210467

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-04761
		FILM NUMBER:		15616602

	BUSINESS ADDRESS:	
		STREET 1:		234 VAN NESS, STE 5
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133
		BUSINESS PHONE:		4155525040

	MAIL ADDRESS:	
		STREET 1:		234 VAN NESS, STE 5
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUBER & MCBAINE CAPITAL MANAGEMENT/GRUBER JON D ET AL
		DATE OF NAME CHANGE:	19951108
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
Document 1 - file: primary_doc.html

Document 1 - RAW XML: primary_doc.xml

</DOCUMENT>
<DOCUMENT>
<TYPE>INFORMATION TABLE
<SEQUENCE>2
<FILENAME>Q4201413F.xml
<TEXT>
Document 2 - file: Q4201413F.html

Document 2 - RAW XML: Q4201413F.xml

</DOCUMENT>
</SEC-DOCUMENT>