Mechanics Bank Trust Department
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), Mechanics Bank Trust Department reported 203 stock positions worth $763.6 million. Its top holding was Mechanics Bancorp Class A (MCHB) at 6.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.9%) and Apple (AAPL, 4.6%). Compared with Q3 2025, it opened 10 new positions, sold out of 12, added to 47 and reduced 103. The biggest buy was a new position in Mechanics Bancorp Class A (MCHB) and the biggest sale Apple (AAPL, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001439743
- Portfolio Value
- $763.6M (Q4 2025)
- SEC Filing
- 0001439743-26-000001 ↗ filed Jan 14, 2026
Holdings Value
Holdings 203 stocks · $763.6M
| MCHB Mechanics Bancorp Class A | 6.56% | 3,423,231 | $50.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.93% | 55,202 | $37.6M | Reduce -0.4% |
| AAPL Apple Inc. | 4.62% | 129,780 | $35.3M | Reduce -21.8% |
| GOOGL Alphabet Inc. Class A | 4.61% | 112,480 | $35.2M | Reduce -2.1% |
| MSFT Microsoft Corp. | 4.54% | 71,627 | $34.6M | Reduce -0.1% |
| IWP iShares Russell Mid-Cap Grow | 2.50% | 139,533 | $19.1M | Add +3.1% |
| QQQ Invesco QQQ Trust Series 1 | 2.10% | 26,052 | $16.0M | Reduce -0.3% |
| BKLN Invesco Senior Loan ETF | 1.95% | 707,958 | $14.9M | Add +2.3% |
| JEPI JPMorgan Equity Premium Inco | 1.94% | 258,573 | $14.8M | Reduce -1.4% |
| NVDA Nvidia Corp. | 1.87% | 76,680 | $14.3M | Add +5.3% |
| COST Costco Wholesale Corp. | 1.85% | 16,407 | $14.1M | Add +0.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.84% | 127,831 | $14.1M | Add +2.7% |
| AMZN Amazon.com Inc. | 1.71% | 56,567 | $13.1M | Add +0.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 1.59% | 40,282 | $12.2M | Add +5.7% |
| JPM JPMorgan Chase & Co. | 1.59% | 37,751 | $12.2M | Reduce -0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.56% | 24,495 | $12.0M | Reduce -2.2% |
| ORCL Oracle Corp. | 1.46% | 57,164 | $11.1M | Add +0.9% |
| V Visa Inc. Class A | 1.42% | 30,911 | $10.8M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 1.35% | 85,712 | $10.3M | Add +7.6% |
| IYW iShares Ustechnology ETF | 1.30% | 49,704 | $9.9M | Reduce -3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 19,124 | $9.6M | Reduce -0.5% |
| MCD McDonald's Corp. | 1.11% | 27,632 | $8.4M | Add +5.4% |
| JNJ Johnson & Johnson | 1.07% | 39,313 | $8.1M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 1.03% | 25,099 | $7.9M | Reduce -2.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.99% | 15,723 | $7.6M | Reduce -5.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.96% | 126,546 | $7.4M | Add +13.5% |
| WMT Walmart Inc. | 0.94% | 64,686 | $7.2M | Reduce -3.4% |
| HD Home Depot Inc. | 0.93% | 20,687 | $7.1M | Add +1.1% |
| ABT Abbott Laboratories | 0.91% | 55,700 | $7.0M | Reduce -1.6% |
| MDY State Street SPDR S&P Midcap | 0.91% | 11,542 | $7.0M | Reduce -1.7% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.90% | 71,010 | $6.9M | Reduce -3.1% |
| XLK SS Technology Select Sector | 0.90% | 47,489 | $6.8M | Reduce -2.3% |
| AVGO Broadcom Inc. | 0.81% | 17,963 | $6.2M | Add +2.8% |
| CVX Chevron Corp. | 0.80% | 40,097 | $6.1M | Reduce -10.4% |
| XLF SS Financial Select Sector | 0.78% | 109,271 | $6.0M | Reduce -1.9% |
| IWO iShares Russell 2000 Growth | 0.77% | 18,109 | $5.8M | Reduce -3.1% |
| LLY Eli Lilly & Co. | 0.69% | 4,935 | $5.3M | Reduce -5.3% |
| FDLO Fidelity Low Volat Fact ETF | 0.69% | 79,444 | $5.3M | Add +1.2% |
| ADP Automatic Data Processing | 0.67% | 19,842 | $5.1M | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.66% | 35,182 | $5.0M | Reduce -8.3% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.66% | 55,904 | $5.0M | Add +6.4% |
| SPTS SS SPDR P St Term TSY ETF | 0.63% | 164,452 | $4.8M | Reduce -2.5% |
| DVY iShares Select Dividend ETF | 0.57% | 31,088 | $4.4M | Reduce -3.2% |
| ROST Ross Stores Inc. | 0.57% | 24,302 | $4.4M | Reduce -0.5% |
| VCLT Vanguard Long-Term Corp. Bond | 0.57% | 57,164 | $4.3M | Add +28.3% |
| RSG Republic Services Inc. | 0.56% | 20,346 | $4.3M | Reduce -1.6% |
| INDA iShares MSCI India ETF | 0.56% | 79,638 | $4.3M | Add +8.9% |
| VOO Vanguard S&P 500 ETF | 0.54% | 6,521 | $4.1M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.52% | 51,635 | $4.0M | Reduce -1.2% |
| IWF iShares Russell 1000 Growth | 0.51% | 8,212 | $3.9M | Reduce -0.9% |
| BLK BlackRock Inc. | 0.50% | 3,584 | $3.8M | Add +2.5% |
| GTO Invesco Total Return Bond Et | 0.48% | 78,018 | $3.7M | Add +5.4% |
| AGG iShares Core U.S. Aggregate | 0.48% | 36,641 | $3.7M | Reduce -1.4% |
| MCK McKesson Corp. | 0.48% | 4,444 | $3.6M | Add +11.2% |
| XLI SS Industrial Select Sector | 0.47% | 23,206 | $3.6M | Reduce -3.8% |
| MRK Merck & Co. Inc. | 0.47% | 33,938 | $3.6M | Reduce -1.9% |
| LOW Lowe's Cos Inc. | 0.45% | 14,380 | $3.5M | Add +1.5% |
| XLV SS Health Care Select Sector | 0.45% | 22,283 | $3.4M | Reduce -2.6% |
| KO The Coca-Cola Co. | 0.43% | 47,488 | $3.3M | Reduce -3.1% |
| PEP Pepsico Inc. | 0.43% | 22,953 | $3.3M | Reduce -6.0% |
| GS Goldman Sachs Group Inc. | 0.43% | 3,726 | $3.3M | Reduce -0.3% |
| VYM Vanguard High DVD Yield ETF | 0.41% | 22,001 | $3.2M | Reduce -0.9% |
| VFLO Victoryshares Free Cash Flow | 0.40% | 77,760 | $3.1M | Add +0.3% |
| APH Amphenol Corp. Class A | 0.40% | 22,541 | $3.0M | Add +4.3% |
| ABBV Abbvie Inc. | 0.40% | 13,263 | $3.0M | Add +9.0% |
| SYK Stryker Corp. | 0.39% | 8,542 | $3.0M | Add +3.6% |
| PWR Quanta Services Inc. | 0.38% | 6,948 | $2.9M | Add +6.5% |
| PM Philip Morris International | 0.37% | 17,536 | $2.8M | Reduce -3.6% |
| MRSH Marsh & McLennan Cos | 0.37% | 15,033 | $2.8M | Reduce -8.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.36% | 29,396 | $2.8M | Reduce -11.1% |
| DHR Danaher Corp. | 0.34% | 11,280 | $2.6M | Reduce -3.0% |
| HON Honeywell International Inc. | 0.33% | 13,066 | $2.5M | Reduce -1.4% |
| USHY iShares Broad Usd High Yield | 0.33% | 67,335 | $2.5M | Add +4.0% |
| MA Mastercard Inc. Class A | 0.33% | 4,369 | $2.5M | Add +2.5% |
| VGK Vanguard Ftse Europe ETF | 0.32% | 29,297 | $2.4M | Add +1.5% |
| NFLX Netflix Inc. | 0.32% | 25,742 | $2.4M | Add +8.0% |
| TLT iShares 20+ Year Treasury BD | 0.32% | 27,659 | $2.4M | Reduce -24.4% |
| IBTH iShares Ibonds Dec 2027 Term | 0.31% | 106,000 | $2.4M | No change |
| IJR iShares Core S&P Small-Cap E | 0.31% | 19,596 | $2.4M | Add +4.3% |
| UYLD Angel Oak Ultrashort Income | 0.30% | 45,303 | $2.3M | Reduce -5.2% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 42,177 | $2.3M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.29% | 51,613 | $2.2M | Reduce -0.2% |
| ENB Enbridge Inc. | 0.28% | 43,992 | $2.1M | Reduce -2.9% |
| MO Altria Group Inc. | 0.27% | 35,601 | $2.1M | Reduce -4.0% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 31,049 | $2.0M | Add +5.8% |
| SO The Southern Co. | 0.26% | 23,102 | $2.0M | Reduce -1.4% |
| WM Waste Management Inc. | 0.26% | 9,068 | $2.0M | No change |
| XLY SS Consumer Disc Select Sect | 0.26% | 16,439 | $2.0M | Reduce -2.4% |
| PANW Palo Alto Networks Inc. | 0.25% | 10,486 | $1.9M | Add +5.4% |
| SDY SS SPDR S&P Dividend ETF | 0.25% | 13,673 | $1.9M | Reduce -14.6% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.25% | 94,375 | $1.9M | No change |
| AVB Avalonbay Communities Inc. | 0.24% | 10,227 | $1.9M | Reduce -28.3% |
| VCIT Vanguard Int-Term Corporate | 0.24% | 21,689 | $1.8M | New |
| YUM Yum! Brands Inc. | 0.23% | 11,607 | $1.8M | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 31,780 | $1.7M | Add +20.2% |
| KLAC KLA Corp. | 0.22% | 1,399 | $1.7M | No change |
| UNH Unitedhealth Group Inc. | 0.22% | 5,129 | $1.7M | Reduce -23.1% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 30,517 | $1.6M | Reduce -5.4% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.21% | 22,223 | $1.6M | Reduce -4.1% |
| META Meta Platforms Inc. Class A | 0.21% | 2,395 | $1.6M | Reduce -4.5% |
Portfolio Sells Q3 2025 → Q4 2025
| AAPL Apple Inc. | Reduce -21.8% | 4.62% | −1.31 |
| MSFT Microsoft Corp. | Reduce -0.1% | 4.54% | −0.68 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.4% | 4.93% | −0.26 |
| CVX Chevron Corp. | Reduce -10.4% | 0.80% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -8.3% | 0.66% | −0.17 |
| JEPI JPMorgan Equity Premium Inco | Reduce -1.4% | 1.94% | −0.17 |
| ADP Automatic Data Processing | Reduce -1.6% | 0.67% | −0.16 |
| ABT Abbott Laboratories | Reduce -1.6% | 0.91% | −0.15 |
| AVB Avalonbay Communities Inc. | Reduce -28.3% | 0.24% | −0.14 |
| TLT iShares 20+ Year Treasury BD | Reduce -24.4% | 0.32% | −0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.2% | 1.56% | −0.12 |
| IYW iShares Ustechnology ETF | Reduce -3.3% | 1.30% | −0.11 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.3% | 2.10% | −0.11 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -23.1% | 0.22% | −0.10 |
| RSG Republic Services Inc. | Reduce -1.6% | 0.56% | −0.10 |
| MRSH Marsh & McLennan Cos | Reduce -8.4% | 0.37% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 1.26% | −0.10 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -5.2% | 0.99% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -0.5% | 1.59% | −0.09 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -3.1% | 0.90% | −0.09 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -11.1% | 0.36% | −0.08 |
| MO Altria Group Inc. | Reduce -4.0% | 0.27% | −0.08 |
| IWO iShares Russell 2000 Growth | Reduce -3.1% | 0.77% | −0.07 |
| V Visa Inc. Class A | Reduce -0.7% | 1.42% | −0.07 |
| MDY State Street SPDR S&P Midcap | Reduce -1.7% | 0.91% | −0.07 |
| ZTS Zoetis Inc. | Reduce -46.1% | 0.05% | −0.07 |
| DVY iShares Select Dividend ETF | Reduce -3.2% | 0.57% | −0.07 |
| XLK SS Technology Select Sector | Reduce -2.3% | 0.90% | −0.07 |
| SDY SS SPDR S&P Dividend ETF | Reduce -14.6% | 0.25% | −0.07 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -2.5% | 0.63% | −0.06 |
| XLF SS Financial Select Sector | Reduce -1.9% | 0.78% | −0.06 |
| HON Honeywell International Inc. | Reduce -1.4% | 0.33% | −0.06 |
| META Meta Platforms Inc. Class A | Reduce -4.5% | 0.21% | −0.05 |
| XLI SS Industrial Select Sector | Reduce -3.8% | 0.47% | −0.05 |
| PEP Pepsico Inc. | Reduce -6.0% | 0.43% | −0.05 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.05 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.05 |
| SO The Southern Co. | Reduce -1.4% | 0.26% | −0.05 |
| PM Philip Morris International | Reduce -3.6% | 0.37% | −0.05 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.05 |
| ENB Enbridge Inc. | Reduce -2.9% | 0.28% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -1.4% | 0.48% | −0.04 |
| PAYX Paychex Inc. | Reduce -0.2% | 0.20% | −0.04 |
| LIN Linde PLC | Reduce -11.9% | 0.11% | −0.04 |
| UYLD Angel Oak Ultrashort Income | Reduce -5.2% | 0.30% | −0.04 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.04 |
| UNP Union Pacific Corp. | Reduce -10.0% | 0.17% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -0.9% | 0.51% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| MCHB Mechanics Bancorp Class A | New | 6.56% | +6.56 |
| VWO Vanguard Ftse Emerging Marke | New | 0.30% | +0.30 |
| VCIT Vanguard Int-Term Corporate | New | 0.24% | +0.24 |
| VEA Vanguard Ftse Developed ETF | Add +175.8% | 0.17% | +0.10 |
| XOM Exxon Mobil Corp. | Add +7.6% | 1.35% | +0.09 |
| VCLT Vanguard Long-Term Corp. Bond | Add +28.3% | 0.57% | +0.08 |
| JEPQ JPM Nasdaq Equity Premium | Add +13.5% | 0.96% | +0.06 |
| MCK McKesson Corp. | Add +11.2% | 0.48% | +0.04 |
| WFC Wells Fargo & Co. | Add +86.2% | 0.09% | +0.04 |
| IUSG iShares Core S&P U.S. Growth | New | 0.04% | +0.04 |
| BAC Bank of America Corp. | Add +20.2% | 0.23% | +0.04 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +6.4% | 0.66% | +0.03 |
| MTG Mgic Investment Corp. | New | 0.03% | +0.03 |
| ICE Intercontinental Exchange Inc. | New | 0.03% | +0.03 |
| EEM iShares MSCI Emerging Market | New | 0.03% | +0.03 |
| INDA iShares MSCI India ETF | Add +8.9% | 0.56% | +0.03 |
| A Agilent Technologies Inc. | New | 0.03% | +0.03 |
| DBC Invesco DB Commodity Index T | New | 0.03% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +2.3% | 0.19% | +0.02 |
| APH Amphenol Corp. Class A | Add +4.3% | 0.40% | +0.02 |
| IRM Iron Mountain Inc. | Add +73.4% | 0.10% | +0.02 |
| FTMA FR Massachusetts Mun Inc. ETF | New | 0.02% | +0.02 |
| IBM Intl Business Machines Corp. | Add +12.7% | 0.15% | +0.01 |
| AVGO Broadcom Inc. | Add +2.8% | 0.81% | +0.00 |
| PWR Quanta Services Inc. | Add +6.5% | 0.38% | +0.00 |
| EFG iShares MSCI Eafe Growth ETF | Add +9.1% | 0.18% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +6.5% | 0.20% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +7.0% | 0.11% | +0.00 |
| ABBV Abbvie Inc. | Add +9.0% | 0.40% | +0.00 |
| WCN Waste Connections Inc. | Add +10.8% | 0.04% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +5.2% | 0.10% | +0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +5.7% | 1.59% | 0.00 |
| IJH iShares Core S&P Midcap ETF | Add +5.8% | 0.27% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.6% | 0.08% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Add +2.8% | 0.10% | −0.00 |
| VGK Vanguard Ftse Europe ETF | Add +1.5% | 0.32% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +4.3% | 0.31% | −0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +0.6% | 0.16% | −0.01 |
| VFLO Victoryshares Free Cash Flow | Add +0.3% | 0.40% | −0.01 |
| GTO Invesco Total Return Bond Et | Add +5.4% | 0.48% | −0.01 |
| MCD McDonald's Corp. | Add +5.4% | 1.11% | −0.01 |
| USHY iShares Broad Usd High Yield | Add +4.0% | 0.33% | −0.01 |
| MA Mastercard Inc. Class A | Add +2.5% | 0.33% | −0.01 |
| AMZN Amazon.com Inc. | Add +0.5% | 1.71% | −0.03 |
| PANW Palo Alto Networks Inc. | Add +5.4% | 0.25% | −0.03 |
| FDLO Fidelity Low Volat Fact ETF | Add +1.2% | 0.69% | −0.03 |
| SYK Stryker Corp. | Add +3.6% | 0.39% | −0.04 |
| NVDA Nvidia Corp. | Add +5.3% | 1.87% | −0.04 |
| LOW Lowe's Cos Inc. | Add +1.5% | 0.45% | −0.05 |
| BLK BlackRock Inc. | Add +2.5% | 0.50% | −0.07 |
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 |