Mechanics Bank Trust Department
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Mechanics Bank Trust Department reported 217 stock positions worth $732.8 million. Its top holding was Apple (AAPL) at 6.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 5.7%) and Microsoft (MSFT, 4.1%). Compared with Q4 2024, it opened 12 new positions, sold out of 13, added to 59 and reduced 116. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +7%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001439743
- Portfolio Value
- $732.8M (Q1 2025)
- SEC Filing
- 0001085146-25-001939 ↗ filed Apr 9, 2025
Holdings Value
Holdings 217 stocks · $732.8M
| AAPL Apple Inc. | 6.76% | 222,938 | $49.5M | Reduce -1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.66% | 74,214 | $41.5M | Reduce -4.2% |
| MSFT Microsoft Corp. | 4.11% | 80,272 | $30.1M | Add +7.6% |
| GOOGL Alphabet Inc. Class A | 2.70% | 127,967 | $19.8M | Add +1.3% |
| JEPI JPMorgan Equity Premium Inco | 2.59% | 331,669 | $19.0M | Reduce -1.5% |
| COST Costco Wholesale Corp. | 2.41% | 18,691 | $17.7M | Reduce -4.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.29% | 154,275 | $16.8M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.79% | 28,017 | $13.1M | Reduce -5.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.76% | 34,788 | $12.9M | Reduce -5.8% |
| AMZN Amazon.com Inc. | 1.72% | 66,327 | $12.6M | Add +7.0% |
| BKLN Invesco Senior Loan ETF | 1.70% | 602,305 | $12.5M | Add +1.7% |
| IWP iShares Russell Mid-Cap Grow | 1.67% | 104,326 | $12.3M | Reduce -8.9% |
| V Visa Inc. Class A | 1.59% | 33,281 | $11.7M | Reduce -1.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.59% | 27,772 | $11.7M | Reduce -3.7% |
| XOM Exxon Mobil Corp. | 1.52% | 93,597 | $11.1M | Add +3.1% |
| MCD McDonald's Corp. | 1.47% | 34,452 | $10.8M | Reduce -1.4% |
| CVX Chevron Corp. | 1.45% | 63,304 | $10.6M | Add +0.9% |
| ORCL Oracle Corp. | 1.40% | 73,229 | $10.2M | Reduce -2.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.39% | 19,101 | $10.2M | Add +7.1% |
| NVDA Nvidia Corp. | 1.32% | 89,213 | $9.7M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 1.32% | 39,378 | $9.7M | Reduce -1.6% |
| ABT Abbott Laboratories | 1.31% | 72,560 | $9.6M | Reduce -5.0% |
| PG The Procter & Gamble Co. | 1.25% | 53,780 | $9.2M | Reduce -2.6% |
| JNJ Johnson & Johnson | 1.24% | 54,671 | $9.1M | Add +0.1% |
| IYW iShares Ustechnology ETF | 1.19% | 62,066 | $8.7M | Reduce -0.8% |
| MDY State Street SPDR S&P Midcap | 1.15% | 15,779 | $8.4M | Reduce -3.7% |
| WMT Walmart Inc. | 1.10% | 91,852 | $8.1M | Add +10.9% |
| HD Home Depot Inc. | 1.06% | 21,207 | $7.8M | Add +10.1% |
| USHY iShares Broad Usd High Yield | 1.02% | 202,818 | $7.5M | Reduce -2.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.93% | 81,506 | $6.8M | Reduce -3.1% |
| ADP Automatic Data Processing | 0.93% | 22,193 | $6.8M | Reduce -4.2% |
| XLF SS Financial Select Sector | 0.86% | 126,720 | $6.3M | Reduce -2.3% |
| IWO iShares Russell 2000 Growth | 0.81% | 23,204 | $5.9M | Reduce -2.1% |
| RSG Republic Services Inc. | 0.80% | 24,284 | $5.9M | Reduce -3.0% |
| DVY iShares Select Dividend ETF | 0.80% | 43,779 | $5.9M | Add +5.0% |
| XLK SS Technology Select Sector | 0.80% | 28,387 | $5.9M | Reduce -5.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.80% | 23,247 | $5.9M | Add +26.0% |
| TLT iShares 20+ Year Treasury BD | 0.80% | 64,093 | $5.8M | Reduce -11.2% |
| KO The Coca-Cola Co. | 0.70% | 71,725 | $5.1M | Reduce -3.3% |
| GOOG Alphabet Inc. Class C | 0.69% | 32,179 | $5.0M | Reduce -0.6% |
| UNH Unitedhealth Group Inc. | 0.66% | 9,259 | $4.8M | Reduce -1.0% |
| PEP Pepsico Inc. | 0.64% | 31,348 | $4.7M | Add +8.3% |
| LLY Eli Lilly & Co. | 0.61% | 5,385 | $4.4M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.60% | 44,549 | $4.4M | Add +20.7% |
| ROST Ross Stores Inc. | 0.60% | 34,344 | $4.4M | Reduce -2.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.60% | 149,200 | $4.4M | Add +1.8% |
| MRSH Marsh & McLennan Cos | 0.57% | 17,204 | $4.2M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 0.56% | 66,761 | $4.1M | Add +8.6% |
| HON Honeywell International Inc. | 0.55% | 19,162 | $4.1M | Reduce -2.9% |
| XLV SS Health Care Select Sector | 0.55% | 27,523 | $4.0M | Reduce -1.9% |
| AVB Avalonbay Communities Inc. | 0.52% | 17,894 | $3.8M | Reduce -0.9% |
| XLI SS Industrial Select Sector | 0.52% | 28,972 | $3.8M | Reduce -1.5% |
| FDLO Fidelity Low Volat Fact ETF | 0.51% | 62,171 | $3.8M | Reduce -0.8% |
| SDY SS SPDR S&P Dividend ETF | 0.50% | 26,817 | $3.6M | Reduce -1.4% |
| GTO Invesco Total Return Bond Et | 0.49% | 75,832 | $3.6M | Reduce -1.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.47% | 37,087 | $3.5M | Reduce -6.2% |
| PM Philip Morris International | 0.47% | 21,711 | $3.4M | Reduce -1.2% |
| SYK Stryker Corp. | 0.47% | 9,257 | $3.4M | Add +22.4% |
| LOW Lowe's Cos Inc. | 0.47% | 14,674 | $3.4M | Add +51.9% |
| BLK BlackRock Inc. | 0.46% | 3,547 | $3.4M | Reduce -0.3% |
| BMY Bristol-Myers Squibb Co. | 0.45% | 54,526 | $3.3M | Reduce -4.6% |
| MRK Merck & Co. Inc. | 0.45% | 36,861 | $3.3M | Add +14.0% |
| VOO Vanguard S&P 500 ETF | 0.45% | 6,405 | $3.3M | Reduce -7.8% |
| MO Altria Group Inc. | 0.44% | 54,305 | $3.3M | Reduce -7.0% |
| IWF iShares Russell 1000 Growth | 0.43% | 8,715 | $3.1M | Reduce -9.1% |
| AVGO Broadcom Inc. | 0.42% | 18,397 | $3.1M | Add +25.3% |
| INDA iShares MSCI India ETF | 0.42% | 59,681 | $3.1M | Add +6.4% |
| UYLD Angel Oak Ultrashort Income | 0.42% | 60,078 | $3.1M | Add +1.1% |
| VYM Vanguard High DVD Yield ETF | 0.40% | 22,890 | $3.0M | Reduce -7.1% |
| ENB Enbridge Inc. | 0.39% | 64,769 | $2.9M | Reduce -1.6% |
| MCK McKesson Corp. | 0.37% | 4,074 | $2.7M | Add +7.8% |
| MA Mastercard Inc. Class A | 0.36% | 4,824 | $2.6M | Reduce -8.6% |
| ABBV Abbvie Inc. | 0.35% | 12,325 | $2.6M | Add +8.6% |
| WM Waste Management Inc. | 0.34% | 10,809 | $2.5M | Reduce -5.3% |
| IJR iShares Core S&P Small-Cap E | 0.34% | 23,898 | $2.5M | Reduce -7.8% |
| GS Goldman Sachs Group Inc. | 0.34% | 4,558 | $2.5M | Reduce -7.5% |
| SO The Southern Co. | 0.34% | 26,714 | $2.5M | Reduce -6.5% |
| IBTH iShares Ibonds Dec 2027 Term | 0.33% | 108,750 | $2.4M | Add +43.1% |
| PFE Pfizer Inc. | 0.33% | 95,913 | $2.4M | Add +2.5% |
| PAYX Paychex Inc. | 0.33% | 15,583 | $2.4M | Reduce -4.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.33% | 46,344 | $2.4M | Add +18.7% |
| AMGN Amgen Inc. | 0.32% | 7,444 | $2.3M | Reduce -5.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.31% | 28,359 | $2.2M | Add +10.9% |
| PWR Quanta Services Inc. | 0.30% | 8,629 | $2.2M | Add +13.6% |
| DUK Duke Energy Corp. | 0.30% | 17,933 | $2.2M | Reduce -10.1% |
| YUM Yum! Brands Inc. | 0.29% | 13,737 | $2.2M | Reduce -0.7% |
| NFLX Netflix Inc. | 0.29% | 2,313 | $2.2M | Reduce -7.3% |
| VFLO Victoryshares Free Cash Flow | 0.27% | 56,945 | $2.0M | Add +181.4% |
| DHR Danaher Corp. | 0.27% | 9,507 | $1.9M | Add +3.0% |
| XLY SS Consumer Disc Select Sect | 0.26% | 9,581 | $1.9M | Reduce -4.0% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 31,845 | $1.9M | Reduce -4.3% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.24% | 89,750 | $1.8M | Add +50.2% |
| UNP Union Pacific Corp. | 0.24% | 7,407 | $1.7M | Reduce -3.4% |
| ZTS Zoetis Inc. | 0.23% | 10,293 | $1.7M | Reduce -12.0% |
| CMG Chipotle Mexican Grill Inc. | 0.23% | 32,862 | $1.7M | Add +1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 37,752 | $1.6M | Add +22.2% |
| COP Conocophillips | 0.21% | 14,953 | $1.6M | Reduce -1.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.21% | 15,568 | $1.6M | Reduce -1.3% |
| APH Amphenol Corp. Class A | 0.21% | 23,123 | $1.5M | Reduce -4.3% |
| RTX RTX Corp. | 0.20% | 11,303 | $1.5M | Add +12.2% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -1.9% | 6.76% | −0.83 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.2% | 5.66% | −0.39 |
| NVDA Nvidia Corp. | Reduce -1.5% | 1.32% | −0.30 |
| ORCL Oracle Corp. | Reduce -2.5% | 1.40% | −0.27 |
| IWP iShares Russell Mid-Cap Grow | Reduce -8.9% | 1.67% | −0.26 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.8% | 1.76% | −0.26 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.5% | 1.79% | −0.23 |
| IYW iShares Ustechnology ETF | Reduce -0.8% | 1.19% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -0.6% | 0.69% | −0.14 |
| XLK SS Technology Select Sector | Reduce -5.4% | 0.80% | −0.13 |
| ROST Ross Stores Inc. | Reduce -2.0% | 0.60% | −0.11 |
| IWO iShares Russell 2000 Growth | Reduce -2.1% | 0.81% | −0.10 |
| MDY State Street SPDR S&P Midcap | Reduce -3.7% | 1.15% | −0.09 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -3.1% | 0.93% | −0.09 |
| TGT Target Corp. | Reduce -14.6% | 0.18% | −0.09 |
| ADBE Adobe Inc. | Reduce -29.6% | 0.14% | −0.09 |
| IWF iShares Russell 1000 Growth | Reduce -9.1% | 0.43% | −0.08 |
| IJR iShares Core S&P Small-Cap E | Reduce -7.8% | 0.34% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -36.8% | 0.09% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -7.8% | 0.45% | −0.05 |
| TLT iShares 20+ Year Treasury BD | Reduce -11.2% | 0.80% | −0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.7% | 1.59% | −0.04 |
| AAON Aaon Inc. | Sold out | 0.00% | −0.04 |
| HON Honeywell International Inc. | Reduce -2.9% | 0.55% | −0.04 |
| XLY SS Consumer Disc Select Sect | Reduce -4.0% | 0.26% | −0.04 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.04 |
| GS Goldman Sachs Group Inc. | Reduce -7.5% | 0.34% | −0.04 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.03 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.03 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.03 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.03 |
| C Citigroup Inc. | Sold out | 0.00% | −0.03 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.03 |
| BLK BlackRock Inc. | Reduce -0.3% | 0.46% | −0.03 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.03 |
| TFIN Triumph Financial Inc. | Sold out | 0.00% | −0.03 |
| MOO Vaneck Agribusiness ETF | Sold out | 0.00% | −0.03 |
| NCNO Ncino Inc. | Sold out | 0.00% | −0.03 |
| ITW Illinois Tool Works | Reduce -19.4% | 0.11% | −0.03 |
| NKE Nike Inc. Class B | Reduce -10.6% | 0.08% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -8.5% | 0.17% | −0.02 |
| EMR Emerson Electric Co. | Reduce -2.0% | 0.18% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -4.3% | 0.25% | −0.02 |
| ZTS Zoetis Inc. | Reduce -12.0% | 0.23% | −0.02 |
| SRE Sempra | Reduce -5.0% | 0.08% | −0.02 |
| HSY The Hershey Co. | Reduce -38.0% | 0.04% | −0.02 |
| APH Amphenol Corp. Class A | Reduce -4.3% | 0.21% | −0.02 |
| LRCX Lam Research Corp. | Reduce -13.8% | 0.13% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -7.1% | 0.40% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +7.1% | 1.39% | +0.31 |
| CVX Chevron Corp. | Add +0.9% | 1.45% | +0.23 |
| XOM Exxon Mobil Corp. | Add +3.1% | 1.52% | +0.22 |
| JNJ Johnson & Johnson | Add +0.1% | 1.24% | +0.18 |
| VFLO Victoryshares Free Cash Flow | Add +181.4% | 0.27% | +0.17 |
| LOW Lowe's Cos Inc. | Add +51.9% | 0.47% | +0.15 |
| KLAC KLA Corp. | New | 0.13% | +0.13 |
| AGG iShares Core U.S. Aggregate | Add +20.7% | 0.60% | +0.12 |
| META Meta Platforms Inc. Class A | Add +136.6% | 0.20% | +0.11 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +26.0% | 0.80% | +0.11 |
| IBTH iShares Ibonds Dec 2027 Term | Add +43.1% | 0.33% | +0.11 |
| SYK Stryker Corp. | Add +22.4% | 0.47% | +0.11 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +0.7% | 2.29% | +0.11 |
| WMT Walmart Inc. | Add +10.9% | 1.10% | +0.10 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +50.2% | 0.24% | +0.09 |
| MCK McKesson Corp. | Add +7.8% | 0.37% | +0.09 |
| ABBV Abbvie Inc. | Add +8.6% | 0.35% | +0.08 |
| CSCO Cisco Systems Inc. | Add +8.6% | 0.56% | +0.08 |
| GILD Gilead Sciences Inc. | Add +51.8% | 0.16% | +0.07 |
| DVY iShares Select Dividend ETF | Add +5.0% | 0.80% | +0.07 |
| TMUS T-Mobile US Inc. | New | 0.07% | +0.07 |
| HD Home Depot Inc. | Add +10.1% | 1.06% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| PEP Pepsico Inc. | Add +8.3% | 0.64% | +0.05 |
| LMT Lockheed Martin Corp. | New | 0.05% | +0.05 |
| LIN Linde PLC | Add +35.6% | 0.15% | +0.05 |
| IBM Intl Business Machines Corp. | Add +54.2% | 0.12% | +0.05 |
| VCLT Vanguard Long-Term Corp. Bond | Add +36.2% | 0.18% | +0.05 |
| RTX RTX Corp. | Add +12.2% | 0.20% | +0.05 |
| AJG Arthur J Gallagher & Co. | New | 0.05% | +0.05 |
| GRNB Vaneck Green Bond ETF | New | 0.05% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +10.9% | 0.31% | +0.05 |
| GE General Electric | Add +34.5% | 0.11% | +0.04 |
| IRM Iron Mountain Inc. | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| BKLN Invesco Senior Loan ETF | Add +1.7% | 1.70% | +0.04 |
| AWK American Water Works Co. Inc. | New | 0.04% | +0.04 |
| SYY Sysco Corp. | New | 0.03% | +0.03 |
| BAC Bank of America Corp. | Add +22.2% | 0.21% | +0.03 |
| JEPQ JPM Nasdaq Equity Premium | Add +18.7% | 0.33% | +0.03 |
| BA The Boeing Co. | New | 0.03% | +0.03 |
| HELO JPMorgan Hedged Equity ETF | Add +43.3% | 0.11% | +0.03 |
| TJX TJX Companies Inc. | Add +46.4% | 0.09% | +0.03 |
| SPTS SS SPDR P St Term TSY ETF | Add +1.8% | 0.60% | +0.03 |
| VGK Vanguard Ftse Europe ETF | Add +13.0% | 0.13% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +31.9% | 0.08% | +0.03 |
| INDA iShares MSCI India ETF | Add +6.4% | 0.42% | +0.03 |
| MRK Merck & Co. Inc. | Add +14.0% | 0.45% | +0.02 |
| UPS United Parcel Service Class B | Add +24.9% | 0.19% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +17.4% | 0.11% | +0.02 |
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 |