Mechanics Bank Trust Department
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 12, 2024), Mechanics Bank Trust Department reported 197 stock positions worth $699.0 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.3% of the portfolio, followed by Microsoft (MSFT, 4.8%) and Apple (AAPL, 4.4%). Compared with Q1 2024, it opened 10 new positions, sold out of 5, added to 61 and reduced 102. The biggest buy was JPMorgan Equity Premium Inco (JEPI, shares +15%) and the biggest sale CVS Health (CVS, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001439743
- Portfolio Value
- $699.0M (Q2 2024)
- SEC Filing
- 0001085146-24-002884 ↗ filed Jul 12, 2024
Holdings Value
Holdings 197 stocks · $699.0M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.28% | 80,685 | $43.9M | Reduce -4.2% |
| MSFT Microsoft Corp. | 4.79% | 74,844 | $33.5M | Reduce -0.7% |
| AAPL Apple Inc. | 4.41% | 146,321 | $30.8M | Reduce -2.6% |
| GOOGL Alphabet Inc. Class A | 3.34% | 128,010 | $23.3M | Reduce -4.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.48% | 161,617 | $17.3M | Add +0.3% |
| COST Costco Wholesale Corp. | 2.46% | 20,226 | $17.2M | Reduce -2.4% |
| JEPI JPMorgan Equity Premium Inco | 2.45% | 301,726 | $17.1M | Add +14.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.10% | 30,706 | $14.7M | Reduce -4.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.08% | 38,862 | $14.5M | Reduce -6.5% |
| VCLT Vanguard Long-Term Corp. Bond | 1.99% | 182,925 | $13.9M | Add +2.5% |
| IWP iShares Russell Mid-Cap Grow | 1.76% | 111,734 | $12.3M | Add +5.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.67% | 29,864 | $11.7M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 1.66% | 60,095 | $11.6M | Reduce -1.2% |
| ORCL Oracle Corp. | 1.55% | 76,958 | $10.9M | Reduce -3.5% |
| NVDA Nvidia Corp. | 1.51% | 85,452 | $10.6M | Reduce -4.6% |
| XOM Exxon Mobil Corp. | 1.50% | 91,120 | $10.5M | Reduce -2.2% |
| TLT iShares 20+ Year Treasury BD | 1.46% | 111,499 | $10.2M | Reduce -3.3% |
| CVX Chevron Corp. | 1.42% | 63,559 | $9.9M | Add +1.2% |
| BKLN Invesco Senior Loan ETF | 1.39% | 461,625 | $9.7M | Add +20.9% |
| IYW iShares Ustechnology ETF | 1.38% | 63,926 | $9.6M | Reduce -10.9% |
| MDY State Street SPDR S&P Midcap | 1.32% | 17,215 | $9.2M | Reduce -1.4% |
| PG The Procter & Gamble Co. | 1.31% | 55,314 | $9.1M | Add +0.5% |
| MCD McDonald's Corp. | 1.27% | 34,732 | $8.9M | Reduce -0.7% |
| V Visa Inc. Class A | 1.22% | 32,460 | $8.5M | Add +8.0% |
| JNJ Johnson & Johnson | 1.20% | 57,296 | $8.4M | Reduce -3.9% |
| ABT Abbott Laboratories | 1.17% | 78,692 | $8.2M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 1.13% | 39,216 | $7.9M | Add +1.2% |
| USHY iShares Broad Usd High Yield | 1.11% | 213,791 | $7.8M | Reduce -2.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.06% | 84,086 | $7.4M | Add +2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 18,171 | $7.4M | Reduce -2.8% |
| HD Home Depot Inc. | 0.97% | 19,680 | $6.8M | Reduce -1.1% |
| XLK SS Technology Select Sector | 0.96% | 29,625 | $6.7M | Reduce -2.9% |
| IWO iShares Russell 2000 Growth | 0.91% | 24,338 | $6.4M | Reduce -5.4% |
| ADP Automatic Data Processing | 0.82% | 24,111 | $5.8M | Reduce -2.2% |
| WMT Walmart Inc. | 0.82% | 84,430 | $5.7M | Reduce -1.7% |
| DVY iShares Select Dividend ETF | 0.76% | 43,974 | $5.3M | Reduce -3.6% |
| GOOG Alphabet Inc. Class C | 0.75% | 28,735 | $5.3M | Reduce -2.9% |
| XLF SS Financial Select Sector | 0.73% | 124,259 | $5.1M | Reduce -3.8% |
| PEP Pepsico Inc. | 0.73% | 30,917 | $5.1M | Reduce -1.1% |
| ROST Ross Stores Inc. | 0.71% | 34,343 | $5.0M | Add +0.5% |
| KO The Coca-Cola Co. | 0.71% | 77,474 | $4.9M | Reduce -2.7% |
| RSG Republic Services Inc. | 0.69% | 24,842 | $4.8M | Reduce -3.1% |
| SPTS SS SPDR P St Term TSY ETF | 0.68% | 164,160 | $4.7M | Reduce -7.7% |
| UNH Unitedhealth Group Inc. | 0.67% | 9,139 | $4.7M | Reduce -5.3% |
| GTO Invesco Total Return Bond Et filed as POWERSHARES ACTIVELY MANAGED | 0.64% | 95,909 | $4.4M | Reduce -14.6% |
| HON Honeywell International Inc. | 0.59% | 19,467 | $4.2M | Reduce -1.9% |
| XLV SS Health Care Select Sector | 0.57% | 27,559 | $4.0M | Add +0.3% |
| MRK Merck & Co. Inc. | 0.57% | 31,974 | $4.0M | Reduce -0.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.56% | 15,621 | $3.9M | Add +34.3% |
| IWF iShares Russell 1000 Growth | 0.54% | 10,309 | $3.8M | Reduce -12.4% |
| MRSH Marsh & McLennan Cos | 0.53% | 17,707 | $3.7M | Reduce -4.0% |
| XLI SS Industrial Select Sector | 0.53% | 30,569 | $3.7M | Reduce -4.2% |
| AVB Avalonbay Communities Inc. | 0.53% | 17,934 | $3.7M | Add +0.3% |
| SDY SS SPDR S&P Dividend ETF | 0.53% | 29,107 | $3.7M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.50% | 3,894 | $3.5M | Reduce -5.9% |
| AGG iShares Core U.S. Aggregate | 0.50% | 36,256 | $3.5M | Reduce -8.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.50% | 41,254 | $3.5M | Reduce -8.6% |
| CSCO Cisco Systems Inc. | 0.45% | 66,137 | $3.1M | Reduce -5.6% |
| FDLO Fidelity Low Volat Fact ETF | 0.43% | 53,304 | $3.0M | Add +9.9% |
| BLK BlackRock Finance Inc. | 0.42% | 3,773 | $3.0M | Reduce -3.5% |
| INTC Intel Corp. | 0.42% | 95,760 | $3.0M | Add +148.5% |
| PFE Pfizer Inc. | 0.42% | 105,399 | $2.9M | Reduce -4.0% |
| IJR iShares Core S&P Small-Cap E | 0.42% | 27,546 | $2.9M | Add +2.8% |
| UYLD Angel Oak Ultrashort Income | 0.42% | 57,100 | $2.9M | Reduce -4.8% |
| VYM Vanguard High DVD Yield ETF | 0.41% | 24,395 | $2.9M | Reduce -1.2% |
| MO Altria Group Inc. | 0.39% | 59,546 | $2.7M | Reduce -5.7% |
| BMY Bristol-Myers Squibb Co. | 0.39% | 64,844 | $2.7M | Reduce -7.0% |
| VOO Vanguard S&P 500 ETF | 0.37% | 5,144 | $2.6M | No change |
| PM Philip Morris International | 0.36% | 24,739 | $2.5M | Reduce -2.1% |
| ENB Enbridge Inc. | 0.35% | 69,038 | $2.5M | Reduce -1.4% |
| SYK Stryker Corp. | 0.35% | 7,204 | $2.5M | Add +2.5% |
| TGT Target Corp. | 0.35% | 16,482 | $2.4M | Add +4.5% |
| WM Waste Management Inc. | 0.35% | 11,429 | $2.4M | Reduce -2.6% |
| ADBE Adobe Inc. | 0.35% | 4,368 | $2.4M | Add +60.6% |
| GS Goldman Sachs Group Inc. | 0.34% | 5,208 | $2.4M | Reduce -7.0% |
| INDA iShares MSCI India ETF | 0.33% | 41,078 | $2.3M | Add +82.1% |
| MA Mastercard Inc. Class A | 0.33% | 5,187 | $2.3M | Add +2.3% |
| SO The Southern Co. | 0.32% | 29,010 | $2.3M | Reduce -3.3% |
| MCK McKesson Corp. | 0.32% | 3,824 | $2.2M | Add +12.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.32% | 21,733 | $2.2M | Add +26.3% |
| ZTS Zoetis Inc. | 0.30% | 12,212 | $2.1M | Reduce -0.4% |
| DHR Danaher Corp. | 0.30% | 8,398 | $2.1M | Add +1.8% |
| LOW Lowe's Cos Inc. | 0.29% | 9,145 | $2.0M | Add +7.0% |
| DUK Duke Energy Corp. | 0.29% | 20,114 | $2.0M | Reduce -3.1% |
| PAYX Paychex Inc. | 0.29% | 16,970 | $2.0M | Reduce -22.9% |
| XLY SS Consumer Disc Select Sect | 0.29% | 11,024 | $2.0M | Reduce -5.7% |
| ABBV Abbvie Inc. | 0.28% | 11,496 | $2.0M | Add +14.6% |
| NFLX Netflix Inc. | 0.26% | 2,741 | $1.8M | Reduce -8.0% |
| UNP Union Pacific Corp. | 0.26% | 7,904 | $1.8M | Reduce -5.8% |
| YUM Yum! Brands Inc. | 0.25% | 13,312 | $1.8M | Reduce -1.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.25% | 25,504 | $1.7M | Add +0.5% |
| AMGN Amgen Inc. | 0.25% | 5,554 | $1.7M | Add +2.2% |
| COP Conocophillips | 0.25% | 15,171 | $1.7M | Add +3.9% |
| AVGO Broadcom Inc. | 0.24% | 1,062 | $1.7M | Add +532.1% |
| IJH iShares Core S&P Midcap ETF | 0.24% | 28,795 | $1.7M | Add +1.9% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.24% | 31,896 | $1.7M | Reduce -4.1% |
| BA The Boeing Co. | 0.23% | 9,010 | $1.6M | Reduce -1.2% |
| APH Amphenol Corp. Class A | 0.23% | 24,058 | $1.6M | Add +2.0% |
| PWR Quanta Services Inc. | 0.23% | 6,212 | $1.6M | Add +50.9% |
| EMR Emerson Electric Co. | 0.22% | 14,251 | $1.6M | Reduce -3.7% |
Portfolio Sells Q1 2024 → Q2 2024
| CVS CVS Health Corp. | Reduce -59.2% | 0.08% | −0.20 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.2% | 6.28% | −0.19 |
| JNJ Johnson & Johnson | Reduce -3.9% | 1.20% | −0.19 |
| MCD McDonald's Corp. | Reduce -0.7% | 1.27% | −0.18 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.0% | 0.39% | −0.17 |
| ABT Abbott Laboratories | Reduce -0.9% | 1.17% | −0.16 |
| HD Home Depot Inc. | Reduce -1.1% | 0.97% | −0.15 |
| TLT iShares 20+ Year Treasury BD | Reduce -3.3% | 1.46% | −0.14 |
| GTO Invesco Total Return Bond Et | Reduce -14.6% | 0.64% | −0.14 |
| PAYX Paychex Inc. | Reduce -22.9% | 0.29% | −0.11 |
| IWO iShares Russell 2000 Growth | Reduce -5.4% | 0.91% | −0.11 |
| MDY State Street SPDR S&P Midcap | Reduce -1.4% | 1.32% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 1.06% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -2.2% | 1.50% | −0.09 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.5% | 1.67% | −0.08 |
| ADP Automatic Data Processing | Reduce -2.2% | 0.82% | −0.08 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -7.7% | 0.68% | −0.08 |
| PEP Pepsico Inc. | Reduce -1.1% | 0.73% | −0.07 |
| USHY iShares Broad Usd High Yield | Reduce -2.9% | 1.11% | −0.07 |
| XLF SS Financial Select Sector | Reduce -3.8% | 0.73% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -8.7% | 0.50% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -5.6% | 0.45% | −0.06 |
| DVY iShares Select Dividend ETF | Reduce -3.6% | 0.76% | −0.06 |
| NKE Nike Inc. Class B | Reduce -7.1% | 0.16% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -8.6% | 0.50% | −0.06 |
| XLI SS Industrial Select Sector | Reduce -4.2% | 0.53% | −0.06 |
| BLK BlackRock Finance Inc. | Reduce -3.5% | 0.42% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -0.0% | 0.57% | −0.05 |
| TIP iShares Tips Bond ETF | Reduce -24.7% | 0.14% | −0.05 |
| UPS United Parcel Service Class B | Reduce -9.2% | 0.21% | −0.05 |
| UNP Union Pacific Corp. | Reduce -5.8% | 0.26% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -10.9% | 1.38% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -12.4% | 0.54% | −0.04 |
| ITW Illinois Tool Works | Reduce -10.7% | 0.15% | −0.04 |
| AMT American Tower Corp. | Reduce -26.2% | 0.10% | −0.04 |
| SDY SS SPDR S&P Dividend ETF | Reduce -1.1% | 0.53% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -5.3% | 0.67% | −0.04 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.03 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.03 |
| XLB SS Materials Select Sector | Reduce -10.7% | 0.16% | −0.03 |
| UYLD Angel Oak Ultrashort Income | Reduce -4.8% | 0.42% | −0.03 |
| IPAY Amplify Digital Payments ETF | Sold out | 0.00% | −0.03 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.03 |
| RSG Republic Services Inc. | Reduce -3.1% | 0.69% | −0.03 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -9.9% | 0.21% | −0.03 |
| GWW WW Grainger Inc. | Reduce -12.5% | 0.09% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -5.7% | 0.29% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -35.1% | 0.04% | −0.03 |
| PFE Pfizer Inc. | Reduce -4.0% | 0.42% | −0.03 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.2% | 0.41% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| JEPI JPMorgan Equity Premium Inco | Add +14.7% | 2.45% | +0.21 |
| AVGO Broadcom Inc. | Add +532.1% | 0.24% | +0.21 |
| BKLN Invesco Senior Loan ETF | Add +20.9% | 1.39% | +0.20 |
| INTC Intel Corp. | Add +148.5% | 0.42% | +0.17 |
| INDA iShares MSCI India ETF | Add +82.1% | 0.33% | +0.16 |
| ADBE Adobe Inc. | Add +60.6% | 0.35% | +0.15 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +34.3% | 0.56% | +0.11 |
| EFA iShares MSCI Eafe ETF | New | 0.11% | +0.11 |
| IJT iShares S&P Small-Cap 600 GR | New | 0.09% | +0.09 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.08% | +0.08 |
| IBTH iShares Ibonds Dec 2027 Term | Add +162.5% | 0.13% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +107.6% | 0.14% | +0.08 |
| PWR Quanta Services Inc. | Add +50.9% | 0.23% | +0.07 |
| EFG iShares MSCI Eafe Growth ETF | Add +26.3% | 0.32% | +0.06 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.05% | +0.05 |
| VNQ Vanguard Real Estate ETF | Add +130.4% | 0.10% | +0.05 |
| MCK McKesson Corp. | Add +12.5% | 0.32% | +0.05 |
| AAON Aaon Inc. | New | 0.04% | +0.04 |
| MORN Morningstar Inc. | New | 0.04% | +0.04 |
| AVB Avalonbay Communities Inc. | Add +0.3% | 0.53% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +8.8% | 0.20% | +0.04 |
| AEP American Electric Power | New | 0.04% | +0.04 |
| CI The Cigna Group | Add +50.0% | 0.14% | +0.04 |
| FDLO Fidelity Low Volat Fact ETF | Add +9.9% | 0.43% | +0.04 |
| PGR Progressive Corp. | New | 0.03% | +0.03 |
| MS Morgan Stanley | Add +99.6% | 0.06% | +0.03 |
| DE Deere & Co. | Add +94.3% | 0.08% | +0.03 |
| APH Amphenol Corp. Class A | Add +2.0% | 0.23% | +0.03 |
| TEL Te Connectivity Ltd. | New | 0.03% | +0.03 |
| IBTO iShares Ibonds Dec 2033 Tres | Add +45.2% | 0.10% | +0.03 |
| NUE Nucor Corp. | New | 0.03% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +46.8% | 0.09% | +0.03 |
| SBUX Starbucks Corp. | Add +57.0% | 0.11% | +0.03 |
| TJX TJX Companies Inc. | Add +58.2% | 0.06% | +0.02 |
| AMGN Amgen Inc. | Add +2.2% | 0.25% | +0.02 |
| NEE Nextera Energy Inc. | Add +9.8% | 0.10% | +0.02 |
| KMB Kimberly-Clark Corp. | Add +11.9% | 0.11% | +0.02 |
| GILD Gilead Sciences Inc. | Add +40.4% | 0.07% | +0.01 |
| RTX RTX Corp. | Add +10.8% | 0.15% | +0.01 |
| ABBV Abbvie Inc. | Add +14.6% | 0.28% | +0.01 |
| XLRE SS Real Estate Select Sector | Add +31.3% | 0.06% | +0.01 |
| META Meta Platforms Inc. Class A | Add +15.3% | 0.08% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +21.2% | 0.05% | +0.01 |
| WFC Wells Fargo & Co. | Add +7.5% | 0.10% | +0.01 |
| LIN Linde PLC | Add +15.4% | 0.11% | +0.01 |
| SRE Sempra | Add +2.6% | 0.11% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.5% | 0.25% | +0.00 |
| ACN Accenture PLC Class A | Add +24.6% | 0.03% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +2.6% | 0.12% | −0.00 |
| ICLN iShares Global Clean Energy | Add +0.9% | 0.02% | −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 |