Mechanics Bank Trust Department
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 9, 2026), Mechanics Bank Trust Department reported 199 stock positions worth $722.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 5.1% of the portfolio, followed by Mechanics Bancorp Class A (MCHB, 4.7%) and Apple (AAPL, 4.6%). Compared with Q4 2025, it opened 7 new positions, sold out of 11, added to 44 and reduced 116. The biggest buy was Vanguard Int-Term Corporate (VCIT, shares +206%) and the biggest sale Mechanics Bancorp Class A (MCHB, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001439743
- Portfolio Value
- $722.2M (Q1 2026)
- SEC Filing
- 0001439743-26-000002 ↗ filed Apr 9, 2026
Holdings Value
Holdings 199 stocks · $722.2M
| SPY SS SPDR S&P 500 ETF Trust-US | 5.06% | 56,180 | $36.5M | Add +1.8% |
| MCHB Mechanics Bancorp Class A | 4.70% | 2,301,961 | $34.0M | Reduce -32.8% |
| AAPL Apple Inc. | 4.55% | 129,597 | $32.9M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 4.38% | 109,911 | $31.6M | Reduce -2.3% |
| MSFT Microsoft Corp. | 3.68% | 71,728 | $26.6M | Add +0.1% |
| IWP iShares Russell Mid-Cap Grow | 2.48% | 139,696 | $17.9M | Add +0.1% |
| COST Costco Wholesale Corp. | 2.24% | 16,259 | $16.2M | Reduce -0.9% |
| QQQ Invesco QQQ Trust Series 1 | 2.06% | 25,833 | $14.9M | Reduce -0.8% |
| JEPI JPMorgan Equity Premium Inco | 2.00% | 254,769 | $14.4M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 1.93% | 82,345 | $14.0M | Reduce -3.9% |
| NVDA Nvidia Corp. | 1.93% | 80,027 | $14.0M | Add +4.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.82% | 120,423 | $13.1M | Reduce -5.8% |
| BKLN Invesco Senior Loan ETF | 1.73% | 612,847 | $12.5M | Reduce -13.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 1.69% | 40,427 | $12.2M | Add +0.4% |
| AMZN Amazon.com Inc. | 1.61% | 55,701 | $11.6M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 1.60% | 39,391 | $11.6M | Add +4.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.50% | 24,821 | $10.8M | Add +1.3% |
| JNJ Johnson & Johnson | 1.28% | 37,710 | $9.2M | Reduce -4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 19,083 | $9.1M | Reduce -0.2% |
| V Visa Inc. Class A | 1.26% | 30,146 | $9.1M | Reduce -2.5% |
| IYW iShares Ustechnology ETF | 1.24% | 49,448 | $9.0M | Reduce -0.5% |
| ORCL Oracle Corp. | 1.15% | 56,560 | $8.3M | Reduce -1.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.10% | 142,942 | $7.9M | Add +13.0% |
| MCD McDonald's Corp. | 1.09% | 25,418 | $7.9M | Reduce -8.0% |
| WMT Walmart Inc. | 1.08% | 62,800 | $7.8M | Reduce -2.9% |
| CVX Chevron Corp. | 1.05% | 36,788 | $7.6M | Reduce -8.3% |
| GOOG Alphabet Inc. Class C | 1.00% | 25,246 | $7.2M | Add +0.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.99% | 71,228 | $7.2M | Add +0.3% |
| MDY State Street SPDR S&P Midcap | 0.97% | 11,328 | $7.0M | Reduce -1.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.93% | 14,498 | $6.7M | Reduce -7.8% |
| HD Home Depot Inc. | 0.93% | 20,403 | $6.7M | Reduce -1.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.91% | 69,714 | $6.6M | Add +24.7% |
| XLK SS Technology Select Sector | 0.84% | 45,700 | $6.1M | Reduce -3.8% |
| IWO iShares Russell 2000 Growth | 0.80% | 18,464 | $5.8M | Add +2.0% |
| AVGO Broadcom Inc. | 0.79% | 18,398 | $5.7M | Add +2.4% |
| VWO Vanguard Ftse Emerging Marke | 0.77% | 102,921 | $5.6M | Add +144.0% |
| VCIT Vanguard Int-Term Corporate | 0.76% | 66,347 | $5.5M | Add +205.9% |
| FDLO Fidelity Low Volat Fact ETF | 0.75% | 84,096 | $5.4M | Add +5.9% |
| ABT Abbott Laboratories | 0.74% | 52,010 | $5.3M | Reduce -6.6% |
| XLF SS Financial Select Sector | 0.73% | 106,550 | $5.3M | Reduce -2.5% |
| ROST Ross Stores Inc. | 0.72% | 24,169 | $5.2M | Reduce -0.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.67% | 64,658 | $4.8M | Add +13.1% |
| PG The Procter & Gamble Co. | 0.65% | 32,473 | $4.7M | Reduce -7.7% |
| DVY iShares Select Dividend ETF | 0.63% | 30,088 | $4.6M | Reduce -3.2% |
| LLY Eli Lilly & Co. | 0.63% | 4,934 | $4.5M | Reduce -0.0% |
| RSG Republic Services Inc. | 0.60% | 19,774 | $4.3M | Reduce -2.8% |
| SPTS SS SPDR P St Term TSY ETF | 0.59% | 145,638 | $4.2M | Reduce -11.4% |
| CSCO Cisco Systems Inc. | 0.55% | 51,648 | $4.0M | Add +0.0% |
| MCK McKesson Corp. | 0.54% | 4,524 | $3.9M | Add +1.8% |
| MRK Merck & Co. Inc. | 0.54% | 32,423 | $3.9M | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 0.54% | 6,521 | $3.9M | No change |
| GTO Invesco Total Return Bond Et | 0.52% | 80,847 | $3.8M | Add +3.6% |
| PWR Quanta Services Inc. | 0.51% | 6,692 | $3.7M | Reduce -3.7% |
| XLI SS Industrial Select Sector | 0.50% | 22,440 | $3.6M | Reduce -3.3% |
| ADP Automatic Data Processing | 0.49% | 17,316 | $3.5M | Reduce -12.7% |
| BLK BlackRock Inc. | 0.48% | 3,626 | $3.5M | Add +1.2% |
| INDA iShares MSCI India ETF | 0.47% | 72,688 | $3.4M | Reduce -8.7% |
| IWF iShares Russell 1000 Growth | 0.47% | 7,981 | $3.4M | Reduce -2.8% |
| AGG iShares Core U.S. Aggregate | 0.46% | 33,702 | $3.3M | Reduce -8.0% |
| PEP Pepsico Inc. | 0.46% | 21,178 | $3.3M | Reduce -7.7% |
| LOW Lowe's Cos Inc. | 0.45% | 13,831 | $3.3M | Reduce -3.8% |
| VYM Vanguard High DVD Yield ETF | 0.45% | 21,822 | $3.2M | Reduce -0.8% |
| GS Goldman Sachs Group Inc. | 0.45% | 3,810 | $3.2M | Add +2.3% |
| ABBV Abbvie Inc. | 0.44% | 14,536 | $3.2M | Add +9.6% |
| KO The Coca-Cola Co. | 0.43% | 40,991 | $3.1M | Reduce -13.7% |
| VFLO Victoryshares Free Cash Flow | 0.42% | 76,459 | $3.0M | Reduce -1.7% |
| XLV SS Health Care Select Sector | 0.42% | 20,483 | $3.0M | Reduce -8.1% |
| APH Amphenol Corp. Class A | 0.40% | 22,971 | $2.9M | Add +1.9% |
| IJR iShares Core S&P Small-Cap E | 0.39% | 22,419 | $2.8M | Add +14.4% |
| PM Philip Morris International | 0.38% | 16,715 | $2.8M | Reduce -4.7% |
| HON Honeywell International Inc. | 0.38% | 12,112 | $2.7M | Reduce -7.3% |
| VGK Vanguard Ftse Europe ETF | 0.38% | 33,074 | $2.7M | Add +12.9% |
| SYK Stryker Corp. | 0.36% | 7,945 | $2.6M | Reduce -7.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.35% | 27,213 | $2.5M | Reduce -7.4% |
| USHY iShares Broad Usd High Yield | 0.34% | 66,403 | $2.4M | Reduce -1.4% |
| UYLD Angel Oak Ultrashort Income | 0.33% | 46,768 | $2.4M | Add +3.2% |
| IBTH iShares Ibonds Dec 2027 Term | 0.33% | 106,000 | $2.4M | No change |
| VEA Vanguard Ftse Developed ETF | 0.33% | 37,001 | $2.4M | Add +82.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.33% | 51,208 | $2.3M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 0.32% | 33,777 | $2.3M | Add +8.8% |
| WM Waste Management Inc. | 0.31% | 9,658 | $2.2M | Add +6.5% |
| MRSH Marsh & McLennan Cos | 0.31% | 12,722 | $2.2M | Reduce -15.4% |
| MO Altria Group Inc. | 0.30% | 33,046 | $2.2M | Reduce -7.2% |
| NFLX Netflix Inc. | 0.30% | 22,519 | $2.2M | Reduce -12.5% |
| ENB Enbridge Inc. | 0.30% | 39,961 | $2.2M | Reduce -9.2% |
| KLAC KLA Corp. | 0.29% | 1,441 | $2.1M | Add +3.0% |
| SO The Southern Co. | 0.29% | 21,915 | $2.1M | Reduce -5.1% |
| MA Mastercard Inc. Class A | 0.29% | 4,231 | $2.1M | Reduce -3.2% |
| DHR Danaher Corp. | 0.28% | 10,747 | $2.0M | Reduce -4.7% |
| SDY SS SPDR S&P Dividend ETF | 0.26% | 12,760 | $1.9M | Reduce -6.7% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.25% | 93,000 | $1.8M | Reduce -1.5% |
| YUM Yum! Brands Inc. | 0.24% | 11,037 | $1.7M | Reduce -4.9% |
| XLY SS Consumer Disc Select Sect | 0.23% | 15,425 | $1.7M | Reduce -6.2% |
| DUK Duke Energy Corp. | 0.23% | 12,602 | $1.7M | Reduce -4.9% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 26,486 | $1.6M | Reduce -13.2% |
| TLT iShares 20+ Year Treasury BD | 0.22% | 18,394 | $1.6M | Reduce -33.5% |
| COP Conocophillips | 0.22% | 11,865 | $1.6M | Reduce -5.7% |
| IVV iShares Core S&P 500 ETF | 0.22% | 2,387 | $1.6M | Add +6.5% |
| GLD SPDR Gold Shares | 0.22% | 3,612 | $1.6M | Add +15.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 31,780 | $1.5M | No change |
Portfolio Sells Q4 2025 → Q1 2026
| MCHB Mechanics Bancorp Class A | Reduce -32.8% | 4.70% | −1.86 |
| ORCL Oracle Corp. | Reduce -1.1% | 1.15% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -2.3% | 4.38% | −0.23 |
| BKLN Invesco Senior Loan ETF | Reduce -13.4% | 1.73% | −0.21 |
| ADP Automatic Data Processing | Reduce -12.7% | 0.49% | −0.18 |
| ABT Abbott Laboratories | Reduce -6.6% | 0.74% | −0.17 |
| V Visa Inc. Class A | Reduce -2.5% | 1.26% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 1.61% | −0.10 |
| TLT iShares 20+ Year Treasury BD | Reduce -33.5% | 0.22% | −0.09 |
| INDA iShares MSCI India ETF | Reduce -8.7% | 0.47% | −0.09 |
| PAYX Paychex Inc. | Reduce -34.0% | 0.12% | −0.09 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.07 |
| AAPL Apple Inc. | Reduce -0.1% | 4.55% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -0.0% | 0.63% | −0.07 |
| MRSH Marsh & McLennan Cos | Reduce -15.4% | 0.31% | −0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -7.8% | 0.93% | −0.06 |
| IYW iShares Ustechnology ETF | Reduce -0.5% | 1.24% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -14.4% | 0.16% | −0.06 |
| DHR Danaher Corp. | Reduce -4.7% | 0.28% | −0.06 |
| XLF SS Financial Select Sector | Reduce -2.5% | 0.73% | −0.06 |
| AVB Avalonbay Communities Inc. | Reduce -18.6% | 0.19% | −0.05 |
| XLK SS Technology Select Sector | Reduce -3.8% | 0.84% | −0.05 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.05 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -10.5% | 0.21% | −0.04 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -11.4% | 0.59% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -16.1% | 0.11% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.8% | 0.47% | −0.04 |
| IUSG iShares Core S&P U.S. Growth | Sold out | 0.00% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -8.1% | 0.42% | −0.04 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 0.29% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -7.1% | 0.16% | −0.03 |
| SYK Stryker Corp. | Reduce -7.0% | 0.36% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.8% | 2.06% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Sold out | 0.00% | −0.03 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.03 |
| BA The Boeing Co. | Sold out | 0.00% | −0.03 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -5.8% | 1.82% | −0.03 |
| DIS The Walt Disney Co. | Reduce -5.7% | 0.15% | −0.03 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.03 |
| DBC Invesco DB Commodity Index T | Sold out | 0.00% | −0.03 |
| XLY SS Consumer Disc Select Sect | Reduce -6.2% | 0.23% | −0.02 |
| ADBE Adobe Inc. | Reduce -1.3% | 0.06% | −0.02 |
| NFLX Netflix Inc. | Reduce -12.5% | 0.30% | −0.02 |
| CBRE CBRE Group Inc. Class A | Reduce -14.8% | 0.05% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -8.0% | 0.46% | −0.02 |
| NKE Nike Inc. Class B | Reduce -9.5% | 0.05% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -7.4% | 0.35% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| VCIT Vanguard Int-Term Corporate | Add +205.9% | 0.76% | +0.52 |
| VWO Vanguard Ftse Emerging Marke | Add +144.0% | 0.77% | +0.47 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +24.7% | 0.91% | +0.25 |
| VEA Vanguard Ftse Developed ETF | Add +82.9% | 0.33% | +0.16 |
| JEPQ JPM Nasdaq Equity Premium | Add +13.0% | 1.10% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.8% | 5.06% | +0.13 |
| VCLT Vanguard Long-Term Corp. Bond | Add +13.1% | 0.67% | +0.10 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +0.4% | 1.69% | +0.10 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.3% | 0.99% | +0.09 |
| IJR iShares Core S&P Small-Cap E | Add +14.4% | 0.39% | +0.08 |
| KLAC KLA Corp. | Add +3.0% | 0.29% | +0.07 |
| MCK McKesson Corp. | Add +1.8% | 0.54% | +0.06 |
| NVDA Nvidia Corp. | Add +4.4% | 1.93% | +0.06 |
| FDLO Fidelity Low Volat Fact ETF | Add +5.9% | 0.75% | +0.06 |
| VGK Vanguard Ftse Europe ETF | Add +12.9% | 0.38% | +0.06 |
| GLD SPDR Gold Shares | Add +15.3% | 0.22% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +8.8% | 0.32% | +0.05 |
| WM Waste Management Inc. | Add +6.5% | 0.31% | +0.05 |
| L Loews Corp. | New | 0.04% | +0.04 |
| ABBV Abbvie Inc. | Add +9.6% | 0.44% | +0.04 |
| GTO Invesco Total Return Bond Et | Add +3.6% | 0.52% | +0.04 |
| URI United Rentals Inc. | New | 0.04% | +0.04 |
| IWO iShares Russell 2000 Growth | Add +2.0% | 0.80% | +0.04 |
| VLO Valero Energy Corp. | New | 0.04% | +0.04 |
| IRM Iron Mountain Inc. | Add +5.0% | 0.13% | +0.04 |
| CSCO Cisco Systems Inc. | Add +0.0% | 0.55% | +0.03 |
| VZ Verizon Communications Inc. | New | 0.03% | +0.03 |
| CB Chubb Ltd. | New | 0.03% | +0.03 |
| BKR Baker Hughes Co. | New | 0.03% | +0.03 |
| PH Parker Hannifin Corp. | New | 0.03% | +0.03 |
| UYLD Angel Oak Ultrashort Income | Add +3.2% | 0.33% | +0.03 |
| INTC Intel Corp. | Add +11.0% | 0.08% | +0.02 |
| PSA Public Storage | Add +36.1% | 0.06% | +0.02 |
| TRV The Travelers Cos Inc. | Add +21.1% | 0.09% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +2.3% | 0.45% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +6.5% | 0.22% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +5.5% | 0.11% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +4.3% | 1.60% | +0.01 |
| MTG Mgic Investment Corp. | Add +40.1% | 0.04% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +23.5% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +3.5% | 0.04% | +0.01 |
| FERG Ferguson Enterprises Inc. | Add +9.2% | 0.03% | +0.01 |
| APH Amphenol Corp. Class A | Add +1.9% | 0.40% | +0.00 |
| PGR Progressive Corp. | Add +0.8% | 0.05% | −0.00 |
| BSX Boston Scientific Corp. | Add +12.5% | 0.04% | −0.01 |
| BLK BlackRock Inc. | Add +1.2% | 0.48% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Add +0.1% | 2.48% | −0.02 |
| AVGO Broadcom Inc. | Add +2.4% | 0.79% | −0.03 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 1.00% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.3% | 1.50% | −0.06 |
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 |