Mechanics Bank Trust Department
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 12, 2024), Mechanics Bank Trust Department reported 192 stock positions worth $681.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.5% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Apple (AAPL, 3.8%). Compared with Q4 2023, it opened 14 new positions, sold out of 5, added to 48 and reduced 108. The biggest buy was Avalonbay Communities (AVB, shares +736%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001439743
- Portfolio Value
- $681.3M (Q1 2024)
- SEC Filing
- 0001085146-24-001759 ↗ filed Apr 12, 2024
Holdings Value
Holdings 192 stocks · $681.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.47% | 84,247 | $44.1M | Reduce -4.8% |
| MSFT Microsoft Corp. | 4.66% | 75,390 | $31.7M | Reduce -2.2% |
| AAPL Apple Inc. | 3.78% | 150,245 | $25.8M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 2.96% | 133,661 | $20.2M | Add +1.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.58% | 161,132 | $17.6M | Reduce -8.8% |
| JEPI JPMorgan Equity Premium Inco | 2.23% | 262,981 | $15.2M | Add +10.7% |
| COST Costco Wholesale Corp. | 2.23% | 20,715 | $15.2M | Reduce -2.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.10% | 41,555 | $14.3M | Reduce -4.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.09% | 32,070 | $14.2M | Reduce -5.4% |
| VCLT Vanguard Long-Term Corp. Bond | 2.05% | 178,370 | $14.0M | Add +0.7% |
| IWP iShares Russell Mid-Cap Grow | 1.78% | 106,133 | $12.1M | Reduce -5.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.75% | 30,012 | $11.9M | Add +4.7% |
| AMZN Amazon.com Inc. | 1.61% | 60,851 | $11.0M | Reduce -1.8% |
| TLT iShares 20+ Year Treasury BD | 1.60% | 115,334 | $10.9M | Add +4.4% |
| XOM Exxon Mobil Corp. | 1.59% | 93,163 | $10.8M | Add +5.3% |
| ORCL Oracle Corp. | 1.47% | 79,765 | $10.0M | Reduce -1.8% |
| CVX Chevron Corp. | 1.45% | 62,809 | $9.9M | Add +0.1% |
| MCD McDonald's Corp. | 1.45% | 34,975 | $9.9M | Add +0.6% |
| MDY State Street SPDR S&P Midcap | 1.43% | 17,456 | $9.7M | Reduce -3.1% |
| IYW iShares Ustechnology ETF | 1.42% | 71,764 | $9.7M | Reduce -12.2% |
| JNJ Johnson & Johnson | 1.38% | 59,606 | $9.4M | Reduce -2.7% |
| ABT Abbott Laboratories | 1.33% | 79,424 | $9.0M | Reduce -4.0% |
| PG The Procter & Gamble Co. | 1.31% | 55,016 | $8.9M | Reduce -0.3% |
| V Visa Inc. Class A | 1.23% | 30,050 | $8.4M | Add +1.3% |
| NVDA Nvidia Corp. | 1.19% | 8,958 | $8.1M | Reduce -11.3% |
| BKLN Invesco Senior Loan ETF | 1.19% | 381,835 | $8.1M | Add +16.0% |
| USHY iShares Broad Usd High Yield | 1.18% | 220,111 | $8.1M | Reduce -8.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.15% | 18,685 | $7.9M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 1.14% | 38,750 | $7.8M | Add +0.3% |
| HD Home Depot Inc. | 1.12% | 19,888 | $7.6M | Reduce -1.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.10% | 81,936 | $7.5M | Reduce -0.2% |
| IWO iShares Russell 2000 Growth | 1.02% | 25,738 | $7.0M | Reduce -3.3% |
| XLK SS Technology Select Sector | 0.93% | 30,520 | $6.4M | Reduce -0.7% |
| ADP Automatic Data Processing | 0.90% | 24,650 | $6.2M | Reduce -1.3% |
| DVY iShares Select Dividend ETF | 0.82% | 45,599 | $5.6M | Reduce -5.3% |
| PEP Pepsico Inc. | 0.80% | 31,251 | $5.5M | Add +6.7% |
| XLF SS Financial Select Sector | 0.80% | 129,213 | $5.4M | Reduce -6.0% |
| GTO Invesco Total Return Bond Et | 0.77% | 112,345 | $5.3M | Reduce -12.6% |
| WMT Walmart Inc. | 0.76% | 85,925 | $5.2M | Add +1.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.75% | 177,805 | $5.1M | Reduce -4.2% |
| ROST Ross Stores Inc. | 0.74% | 34,179 | $5.0M | Reduce -0.6% |
| RSG Republic Services Inc. | 0.72% | 25,642 | $4.9M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.71% | 79,591 | $4.9M | Add +9.8% |
| UNH Unitedhealth Group Inc. | 0.70% | 9,653 | $4.8M | Add +6.3% |
| GOOG Alphabet Inc. Class C | 0.66% | 29,591 | $4.5M | Reduce -2.3% |
| MRK Merck & Co. Inc. | 0.62% | 31,986 | $4.2M | Add +18.2% |
| HON Honeywell International Inc. | 0.60% | 19,844 | $4.1M | Reduce -2.3% |
| XLV SS Health Care Select Sector | 0.60% | 27,473 | $4.1M | Reduce -9.3% |
| XLI SS Industrial Select Sector | 0.59% | 31,895 | $4.0M | Reduce -8.3% |
| IWF iShares Russell 1000 Growth | 0.58% | 11,764 | $4.0M | Add +1.5% |
| AGG iShares Core U.S. Aggregate | 0.57% | 39,700 | $3.9M | Reduce -28.9% |
| SDY SS SPDR S&P Dividend ETF | 0.57% | 29,422 | $3.9M | Reduce -2.8% |
| MRSH Marsh & McLennan Cos | 0.56% | 18,441 | $3.8M | Reduce -0.8% |
| BMY Bristol-Myers Squibb Co. | 0.56% | 69,731 | $3.8M | Reduce -2.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.55% | 45,115 | $3.8M | Reduce -10.3% |
| CSCO Cisco Systems Inc. | 0.51% | 70,036 | $3.5M | Reduce -3.2% |
| AVB Avalonbay Communities Inc. | 0.49% | 17,874 | $3.3M | Add +736.0% |
| BLK BlackRock Finance Inc. | 0.48% | 3,912 | $3.3M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 0.47% | 4,139 | $3.2M | Reduce -12.1% |
| UYLD Angel Oak Ultrashort Income | 0.45% | 59,950 | $3.0M | Add +243.6% |
| PFE Pfizer Inc. | 0.45% | 109,759 | $3.0M | Reduce -5.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.45% | 11,632 | $3.0M | Add +6.3% |
| VYM Vanguard High DVD Yield ETF | 0.44% | 24,685 | $3.0M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 26,803 | $3.0M | Reduce -4.5% |
| TGT Target Corp. | 0.41% | 15,772 | $2.8M | Reduce -10.8% |
| MO Altria Group Inc. | 0.40% | 63,136 | $2.8M | Add +2.2% |
| FDLO Fidelity Low Volat Fact ETF | 0.40% | 48,485 | $2.7M | Add +0.2% |
| PAYX Paychex Inc. | 0.40% | 22,025 | $2.7M | Reduce -2.1% |
| ENB Enbridge Inc. | 0.37% | 70,038 | $2.5M | Reduce -4.3% |
| SYK Stryker Corp. | 0.37% | 7,025 | $2.5M | Reduce -2.8% |
| WM Waste Management Inc. | 0.37% | 11,729 | $2.5M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 0.36% | 5,144 | $2.5M | Add +433.6% |
| MA Mastercard Inc. Class A | 0.36% | 5,069 | $2.4M | Reduce -2.3% |
| GS Goldman Sachs Group Inc. | 0.34% | 5,602 | $2.3M | Reduce -4.8% |
| PM Philip Morris International | 0.34% | 25,264 | $2.3M | Add +17.2% |
| LOW Lowe's Cos Inc. | 0.32% | 8,543 | $2.2M | Reduce -2.7% |
| SO The Southern Co. | 0.32% | 30,000 | $2.2M | Reduce -0.6% |
| XLY SS Consumer Disc Select Sect | 0.32% | 11,692 | $2.2M | Reduce -10.9% |
| ZTS Zoetis Inc. | 0.30% | 12,265 | $2.1M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.30% | 8,391 | $2.1M | Add +22.6% |
| DHR Danaher Corp. | 0.30% | 8,250 | $2.1M | Reduce -6.9% |
| DUK Duke Energy Corp. | 0.29% | 20,764 | $2.0M | Add +4.6% |
| CVS CVS Health Corp. | 0.28% | 24,036 | $1.9M | Add +0.5% |
| YUM Yum! Brands Inc. | 0.28% | 13,527 | $1.9M | No change |
| COP Conocophillips | 0.27% | 14,600 | $1.9M | Reduce -1.5% |
| ABBV Abbvie Inc. | 0.27% | 10,031 | $1.8M | Reduce -11.2% |
| MCK McKesson Corp. | 0.27% | 3,399 | $1.8M | No change |
| NFLX Netflix Inc. | 0.27% | 2,978 | $1.8M | Reduce -13.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.26% | 17,209 | $1.8M | Reduce -3.4% |
| BA The Boeing Co. | 0.26% | 9,119 | $1.8M | New |
| UPS United Parcel Service Class B | 0.26% | 11,804 | $1.8M | Add +2.5% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 28,255 | $1.7M | No change |
| INTC Intel Corp. | 0.25% | 38,540 | $1.7M | Add +0.8% |
| EMR Emerson Electric Co. | 0.25% | 14,801 | $1.7M | Reduce -4.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.24% | 25,371 | $1.7M | Reduce -4.2% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.24% | 33,265 | $1.6M | Reduce -5.5% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.24% | 23,375 | $1.6M | Reduce -10.3% |
| AMGN Amgen Inc. | 0.23% | 5,433 | $1.5M | Add +4.4% |
| NKE Nike Inc. Class B | 0.22% | 15,699 | $1.5M | Add +4.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 11,864 | $1.5M | Add +68.0% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.4% | 3.78% | −0.75 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -8.8% | 2.58% | −0.47 |
| AGG iShares Core U.S. Aggregate | Reduce -28.9% | 0.57% | −0.29 |
| USHY iShares Broad Usd High Yield | Reduce -8.3% | 1.18% | −0.18 |
| GTO Invesco Total Return Bond Et | Reduce -12.6% | 0.77% | −0.17 |
| AMT American Tower Corp. | Reduce -48.0% | 0.14% | −0.17 |
| IYW iShares Ustechnology ETF | Reduce -12.2% | 1.42% | −0.14 |
| JNJ Johnson & Johnson | Reduce -2.7% | 1.38% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Reduce -58.2% | 0.07% | −0.10 |
| ABT Abbott Laboratories | Reduce -4.0% | 1.33% | −0.10 |
| SBUX Starbucks Corp. | Reduce -48.0% | 0.08% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.8% | 6.47% | −0.09 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -4.2% | 0.75% | −0.09 |
| TIP iShares Tips Bond ETF | Reduce -24.2% | 0.19% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.4% | 2.09% | −0.08 |
| PFE Pfizer Inc. | Reduce -5.7% | 0.45% | −0.08 |
| ZTS Zoetis Inc. | Reduce -0.1% | 0.30% | −0.07 |
| HON Honeywell International Inc. | Reduce -2.3% | 0.60% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -10.3% | 0.55% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -3.2% | 0.51% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -5.3% | 0.82% | −0.06 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.05 |
| XLY SS Consumer Disc Select Sect | Reduce -10.9% | 0.32% | −0.05 |
| XLV SS Health Care Select Sector | Reduce -9.3% | 0.60% | −0.05 |
| IWP iShares Russell Mid-Cap Grow | Reduce -5.0% | 1.78% | −0.04 |
| ENB Enbridge Inc. | Reduce -4.3% | 0.37% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.5% | 0.43% | −0.04 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.04 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.04 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.03 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -10.3% | 0.24% | −0.03 |
| ITW Illinois Tool Works | Reduce -10.3% | 0.19% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Reduce -12.6% | 0.20% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -8.3% | 0.59% | −0.03 |
| T AT&T Inc. | Sold out | 0.00% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -25.6% | 0.06% | −0.03 |
| BLK BlackRock Finance Inc. | Reduce -1.8% | 0.48% | −0.03 |
| IWO iShares Russell 2000 Growth | Reduce -3.3% | 1.02% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.8% | 0.57% | −0.02 |
| SUSA iShares ESG Optimized MSCI U | Reduce -35.5% | 0.04% | −0.02 |
| PAYX Paychex Inc. | Reduce -2.1% | 0.40% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -10.0% | 0.10% | −0.02 |
| DE Deere & Co. | Reduce -27.2% | 0.04% | −0.02 |
| SRE Sempra | Reduce -6.8% | 0.10% | −0.02 |
| DHR Danaher Corp. | Reduce -6.9% | 0.30% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.8% | 2.10% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -4.2% | 0.24% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -2.3% | 0.56% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -6.9% | 0.17% | −0.02 |
| SO The Southern Co. | Reduce -0.6% | 0.32% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| AVB Avalonbay Communities Inc. | Add +736.0% | 0.49% | +0.42 |
| UYLD Angel Oak Ultrashort Income | Add +243.6% | 0.45% | +0.31 |
| VOO Vanguard S&P 500 ETF | Add +433.6% | 0.36% | +0.30 |
| BA The Boeing Co. | New | 0.26% | +0.26 |
| XOM Exxon Mobil Corp. | Add +5.3% | 1.59% | +0.21 |
| JEPI JPMorgan Equity Premium Inco | Add +10.7% | 2.23% | +0.20 |
| INDA iShares MSCI India ETF | New | 0.17% | +0.17 |
| MRK Merck & Co. Inc. | Add +18.2% | 0.62% | +0.16 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 1.14% | +0.11 |
| DIS The Walt Disney Co. | Add +68.0% | 0.21% | +0.11 |
| CMG Chipotle Mexican Grill Inc. | New | 0.11% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +1.9% | 2.96% | +0.10 |
| BKLN Invesco Senior Loan ETF | Add +16.0% | 1.19% | +0.10 |
| PWR Quanta Services Inc. | Add +63.1% | 0.16% | +0.07 |
| IBM Intl Business Machines Corp. | New | 0.07% | +0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Add +4.7% | 1.75% | +0.07 |
| WMT Walmart Inc. | Add +1.0% | 0.76% | +0.06 |
| KO The Coca-Cola Co. | Add +9.8% | 0.71% | +0.05 |
| IWD iShares Russell 1000 Value E | New | 0.04% | +0.04 |
| UNP Union Pacific Corp. | Add +22.6% | 0.30% | +0.04 |
| ETHO Amplify Etho Climate Leaders | New | 0.04% | +0.04 |
| GE General Electric | Add +41.4% | 0.08% | +0.04 |
| CRM Salesforce Inc. | New | 0.03% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +1.5% | 0.58% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +6.3% | 0.45% | +0.03 |
| ETN Eaton Corp. PLC | New | 0.03% | +0.03 |
| IPAY Amplify Digital Payments ETF | New | 0.03% | +0.03 |
| GD General Dynamics Corp. | New | 0.03% | +0.03 |
| EBAY eBay Inc. | New | 0.03% | +0.03 |
| PXD Pioneer Natural Resources Co. | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +6.7% | 0.80% | +0.03 |
| V Visa Inc. Class A | Add +1.3% | 1.23% | +0.03 |
| PM Philip Morris International | Add +17.2% | 0.34% | +0.02 |
| META Meta Platforms Inc. Class A | Add +9.0% | 0.07% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +53.6% | 0.07% | +0.02 |
| MO Altria Group Inc. | Add +2.2% | 0.40% | +0.02 |
| XPCQX PIMCO California Muni Inc. FD | New | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | Add +1.5% | 0.20% | +0.01 |
| AXP American Express Co. | Add +0.3% | 0.09% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.4% | 0.44% | +0.01 |
| TRV The Travelers Cos Inc. | Add +2.0% | 0.07% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +15.7% | 0.16% | +0.01 |
| HSY The Hershey Co. | Add +11.1% | 0.05% | +0.00 |
| CLX Clorox Company | Add +1.5% | 0.09% | +0.00 |
| MS Morgan Stanley | Add +8.1% | 0.03% | +0.00 |
| NEE Nextera Energy Inc. | Add +0.9% | 0.09% | 0.00 |
| FDLO Fidelity Low Volat Fact ETF | Add +0.2% | 0.40% | −0.00 |
| XLRE SS Real Estate Select Sector | Add +5.4% | 0.05% | −0.00 |
| PSA Public Storage | Add +9.8% | 0.06% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 211 | $808.2M | SPY, GOOGL, AAPL, MCHB, MSFT |
| Q1 2026 | 199 | $722.2M | SPY, MCHB, AAPL, GOOGL, MSFT |
| Q4 2025 | 203 | $763.6M | MCHB, SPY, AAPL, GOOGL, MSFT |
| Q3 2025 | 205 | $712.1M | AAPL, MSFT, SPY, GOOGL, IWP |
| Q2 2025 | 213 | $697.5M | AAPL, SPY, MSFT, GOOGL, JEPI |
| Q1 2025 | 217 | $732.8M | AAPL, SPY, MSFT, GOOGL, JEPI |
| Q4 2024 | 218 | $750.3M | AAPL, SPY, MSFT, GOOGL, JEPI |
| Q3 2024 | 202 | $751.2M | AAPL, SPY, MSFT, GOOGL, JEPI |
| Q2 2024 | 197 | $699.0M | SPY, MSFT, AAPL, GOOGL, LQD |
| Q1 2024 | 192 | $681.3M | SPY, MSFT, AAPL, GOOGL, LQD |