Mechanics Financial Corp

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Mechanics Financial Corp reported 220 stock positions worth $192.2 million. Its top holding was Gorman-Rupp (GRC) at 10.1% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 7.7%) and iShares MSCI Eafe ETF (EFA, 5.9%). Compared with Q4 2023, it opened 11 new positions, sold out of 4, added to 76 and reduced 25. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +3409%) and the biggest sale iShares MSCI Eafe ETF (EFA, shares −28%).

Most Recent 13F
Q2 2026
Location
Mansfield, OH
CIK
0001821336
Portfolio Value
$192.2M (Q1 2024)
SEC Filing
0000950123-24-003766 ↗ filed May 3, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $192.2M $192.2M Q1 2024 Q2 2024: $194.7M Q2 2024 Q3 2024: $228.4M Q3 2024 Q4 2024: $222.6M Q4 2024 Q1 2025: $220.4M Q1 2025 Q2 2025: $235.2M Q2 2025 Q3 2025: $264.0M Q3 2025 Q4 2025: $270.9M Q4 2025 Q1 2026: $238.7M Q1 2026 Q2 2026: $279.5M Q2 2026

Holdings 220 stocks · $192.2M
GRC Gorman-Rupp Co. 10.13% 492,464 $19.5M No change
IJH iShares Core S&P Midcap ETF 7.75% 245,275 $14.9M No change
EFA iShares MSCI Eafe ETF 5.88% 141,605 $11.3M Reduce -27.8%
AAPL Apple Inc. 5.86% 65,683 $11.3M Reduce -0.1%
MSFT Microsoft Corp. 4.07% 18,588 $7.8M Add +1.6%
IVV iShares Core S&P 500 ETF 2.90% 10,616 $5.6M Add +9.9%
IJR iShares Core S&P Small-Cap E 2.56% 44,611 $4.9M Reduce -0.5%
JPM JPMorgan Chase & Co. 2.52% 24,188 $4.8M Add +0.1%
IEFA iShares Core MSCI Eafe ETF 2.44% 63,299 $4.7M Add +3408.8%
GOOGL Alphabet Inc. Class A 1.71% 21,748 $3.3M Add +1.5%
VGSH Vanguard Short-Term Treasury 1.68% 55,746 $3.2M Add +6.0%
AMZN Amazon.com Inc. 1.66% 17,643 $3.2M Add +4.5%
PG The Procter & Gamble Co. 1.40% 16,563 $2.7M Add +2.3%
IEMG iShares Core MSCI Emerging 1.36% 50,849 $2.6M New
PEP Pepsico Inc. 1.26% 13,796 $2.4M Add +1.9%
GD General Dynamics Corp. 1.25% 8,487 $2.4M Add +0.5%
JNJ Johnson & Johnson 1.20% 14,585 $2.3M Add +1.6%
BND Vanguard Total Bond Market 1.20% 31,748 $2.3M Add +9.1%
IWM iShares Russell 2000 ETF 1.19% 10,835 $2.3M Reduce -5.0%
HON Honeywell International Inc. 1.17% 10,974 $2.3M Add +1.2%
VWO Vanguard Ftse Emerging Marke 1.10% 50,814 $2.1M Reduce -54.2%
V Visa Inc. Class A 1.00% 6,918 $1.9M Add +2.3%
ABBV Abbvie Inc. 0.93% 9,800 $1.8M Reduce -34.8%
SPHY SS SPDR P High Yield ETF 0.92% 75,747 $1.8M New
HUBB Hubbell Inc. 0.92% 4,260 $1.8M Reduce -3.0%
CVX Chevron Corp. 0.90% 10,928 $1.7M Add +3.8%
BLK BlackRock Finance Inc. 0.82% 1,902 $1.6M Add +0.3%
UNH Unitedhealth Group Inc. 0.82% 3,202 $1.6M Add +2.8%
CDNS Cadence Design SYS Inc. 0.81% 4,992 $1.6M Add +2.7%
MCD McDonald's Corp. 0.78% 5,331 $1.5M No change
LLY Eli Lilly & Co. 0.73% 1,806 $1.4M Reduce -5.5%
MRK Merck & Co. Inc. 0.71% 10,322 $1.4M Add +2.4%
ORCL Oracle Corp. 0.70% 10,698 $1.3M Add +45.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.70% 10,927 $1.3M Add +2.8%
TXN Texas Instruments Inc. 0.69% 7,658 $1.3M Add +2.9%
ADBE Adobe Inc. 0.69% 2,642 $1.3M Reduce -1.0%
GOOG Alphabet Inc. Class C 0.69% 8,665 $1.3M Add +0.8%
AMGN Amgen Inc. 0.65% 4,407 $1.3M No change
MAR Marriott International Class A 0.64% 4,842 $1.2M Add +2.6%
LOW Lowe's Cos Inc. 0.63% 4,747 $1.2M No change
NEE Nextera Energy Inc. 0.62% 18,783 $1.2M Add +3.0%
TMO Thermo Fisher Scientific Inc. 0.62% 2,046 $1.2M No change
HD Home Depot Inc. 0.61% 3,044 $1.2M No change
CSCO Cisco Systems Inc. 0.59% 22,901 $1.1M Add +1.1%
CAT Caterpillar Inc. 0.57% 3,016 $1.1M No change
VGIT Vanguard Intermediate-Term T 0.56% 18,352 $1.1M Add +18.6%
SYK Stryker Corp. 0.55% 2,946 $1.1M Add +73.3%
ACN Accenture PLC Class A 0.54% 2,969 $1.0M Add +2.8%
VZ Verizon Communications Inc. 0.52% 23,893 $1.0M Add +1.5%
SBUX Starbucks Corp. 0.50% 10,534 $963K Add +4.2%
DE Deere & Co. 0.49% 2,306 $947K Add +2.6%
EMR Emerson Electric Co. 0.49% 8,317 $943K No change
SPSB SS SPDR P St C Corp. ETF 0.47% 30,095 $896K Add +16.2%
VNQ Vanguard Real Estate ETF 0.46% 10,142 $877K Reduce -1.3%
ZTS Zoetis Inc. 0.45% 5,150 $871K Add +2.1%
AMAT Applied Materials Inc. 0.44% 4,117 $849K Add +4.0%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.44% 9,042 $845K Reduce -67.3%
J Jacobs Solutions Inc. 0.41% 5,118 $787K Add +3.7%
ICE Intercontinental Exchange Inc. 0.41% 5,715 $785K Add +3.0%
CVS CVS Health Corp. 0.40% 9,649 $770K Add +3.9%
META Meta Platforms Inc. Class A 0.40% 1,574 $764K Add +17.1%
APD Air Products & Chemicals Inc. 0.40% 3,137 $760K Reduce -1.1%
EOG EOG Resources Inc. 0.39% 5,849 $748K Add +2.7%
MS Morgan Stanley 0.36% 7,426 $699K Add +3.1%
PSA Public Storage 0.36% 2,388 $693K Add +3.8%
NVDA Nvidia Corp. 0.36% 762 $689K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.34% 17,280 $655K Add +5.2%
WM Waste Management Inc. 0.34% 3,041 $648K No change
ABT Abbott Laboratories 0.33% 5,658 $643K No change
BRK.B Berkshire Hathaway Inc. Class B 0.33% 1,495 $629K Reduce -6.3%
ETN Eaton Corp. PLC 0.33% 2,000 $625K No change
CMI Cummins Inc. 0.32% 2,116 $623K Add +3.0%
PFE Pfizer Inc. 0.32% 22,298 $619K Reduce -1.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.32% 3,225 $616K No change
SO The Southern Co. 0.32% 8,509 $610K No change
LMT Lockheed Martin Corp. 0.31% 1,327 $604K Add +0.8%
MDT Medtronic PLC 0.28% 6,202 $541K No change
WMT Walmart Inc. 0.25% 7,961 $479K Add +14.9%
MCHP Microchip Technology Inc. 0.24% 5,199 $466K Reduce -2.8%
PREF Pri Spe Pre Sec Acti-Usd Inc. 0.24% 25,588 $464K Add +5.1%
LIN Linde PLC 0.24% 1,000 $464K No change
AXP American Express Co. 0.23% 1,950 $444K No change
FCX Freeport-McMoran Inc. 0.23% 9,429 $443K Add +7.9%
ALL Allstate Corp. 0.22% 2,450 $424K No change
BDX Becton Dickinson and Co. 0.22% 1,700 $421K No change
UPS United Parcel Service Class B 0.22% 2,802 $416K No change
DOW Dow Inc. 0.21% 7,046 $408K No change
GPC Genuine Parts Co. 0.21% 2,634 $408K No change
PLD Prologis Inc. 0.21% 3,119 $406K New
PAYX Paychex Inc. 0.21% 3,280 $403K No change
INTC Intel Corp. 0.20% 8,682 $383K No change
PYPL PayPal Holdings Inc. 0.17% 5,015 $336K Add +9.4%
IJS iShares S&P Small-Cap 600 Va 0.16% 2,994 $308K No change
SHW The Sherwin-Williams Co. 0.16% 870 $302K No change
MMM 3M Co. 0.15% 2,780 $295K Add +1.8%
PPG PPG Industries Inc. 0.15% 2,000 $290K No change
USB US Bancorp 0.15% 6,386 $285K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 539 $282K No change
GM General Motors Co. 0.14% 6,133 $278K Add +3.5%
ITW Illinois Tool Works 0.14% 1,000 $268K No change

Show all 220 holdings

Portfolio Sells Q4 2023 → Q1 2024
EFA iShares MSCI Eafe ETF Reduce -27.8% 5.88% −2.44
VWO Vanguard Ftse Emerging Marke Reduce -54.2% 1.10% −1.46
AAPL Apple Inc. Reduce -0.1% 5.86% −1.27
HYS PIMCO 0-5 Year H/Y Corp. Bond Reduce -67.3% 0.44% −1.01
ABBV Abbvie Inc. Reduce -34.8% 0.93% −0.38
ADBE Adobe Inc. Reduce -1.0% 0.69% −0.20
IJR iShares Core S&P Small-Cap E Reduce -0.5% 2.56% −0.17
MAA Mid-America Apartment Comm Reduce -77.4% 0.03% −0.13
EEM iShares MSCI Emerging Market Reduce -88.4% 0.01% −0.11
IWM iShares Russell 2000 ETF Reduce -5.0% 1.19% −0.10
APD Air Products & Chemicals Inc. Reduce -1.1% 0.40% −0.09
VNQ Vanguard Real Estate ETF Reduce -1.3% 0.46% −0.05
PFE Pfizer Inc. Reduce -1.8% 0.32% −0.05
TFC Truist Financial Corp. Reduce -49.4% 0.04% −0.05
MCHP Microchip Technology Inc. Reduce -2.8% 0.24% −0.03
C Citigroup Inc. Reduce -44.9% 0.04% −0.02
VFC VF Corp. Sold out 0.00% −0.02
GNMA iShares Gnma Bond ETF Reduce -26.9% 0.04% −0.02
VMBS Vanguard Mortgage-Backed Sec Reduce -30.2% 0.03% −0.02
XLB SS Materials Select Sector Reduce -48.7% 0.01% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -13.9% 0.07% −0.01
HAS Hasbro Inc. Reduce -30.7% 0.01% −0.00
DOC Healthpeak Properties Inc. Sold out 0.00% −0.00
VTIP Vanguard Short-Term Tips Sold out 0.00% −0.00
ELV Elevance Health Inc. Reduce -2.0% 0.08% −0.00
SNDL SNDL Inc. Sold out 0.00% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.3% 0.33% +0.01
LLY Eli Lilly & Co. Reduce -5.5% 0.73% +0.10
HUBB Hubbell Inc. Reduce -3.0% 0.92% +0.11

Portfolio Buys Q4 2023 → Q1 2024
IEFA iShares Core MSCI Eafe ETF Add +3408.8% 2.44% +2.37
IEMG iShares Core MSCI Emerging New 1.36% +1.36
SPHY SS SPDR P High Yield ETF New 0.92% +0.92
NVDA Nvidia Corp. New 0.36% +0.36
IVV iShares Core S&P 500 ETF Add +9.9% 2.90% +0.31
ORCL Oracle Corp. Add +45.4% 0.70% +0.26
SYK Stryker Corp. Add +73.3% 0.55% +0.26
PLD Prologis Inc. New 0.21% +0.21
AMZN Amazon.com Inc. Add +4.5% 1.66% +0.21
JPM JPMorgan Chase & Co. Add +0.1% 2.52% +0.21
MSFT Microsoft Corp. Add +1.6% 4.07% +0.19
DIS The Walt Disney Co. Add +2.8% 0.70% +0.15
META Meta Platforms Inc. Class A Add +17.1% 0.40% +0.13
MRK Merck & Co. Inc. Add +2.4% 0.71% +0.09
AMAT Applied Materials Inc. Add +4.0% 0.44% +0.08
AVGO Broadcom Inc. New 0.07% +0.07
CME Cme Group Inc. New 0.07% +0.07
SYY Sysco Corp. New 0.06% +0.06
CDNS Cadence Design SYS Inc. Add +2.7% 0.81% +0.06
PG The Procter & Gamble Co. Add +2.3% 1.40% +0.06
J Jacobs Solutions Inc. Add +3.7% 0.41% +0.05
CMI Cummins Inc. Add +3.0% 0.32% +0.05
WMT Walmart Inc. Add +14.9% 0.25% +0.04
VGIT Vanguard Intermediate-Term T Add +18.6% 0.56% +0.04
MAR Marriott International Class A Add +2.6% 0.64% +0.04
SPSB SS SPDR P St C Corp. ETF Add +16.2% 0.47% +0.03
BAC Bank of America Corp. Add +5.2% 0.34% +0.03
GM General Motors Co. Add +3.5% 0.14% +0.02
VZ Verizon Communications Inc. Add +1.5% 0.52% +0.02
GOOGL Alphabet Inc. Class A Add +1.5% 1.71% +0.02
FCX Freeport-McMoran Inc. Add +7.9% 0.23% +0.02
PYPL PayPal Holdings Inc. Add +9.4% 0.17% +0.02
V Visa Inc. Class A Add +2.3% 1.00% +0.01
GD General Dynamics Corp. Add +0.5% 1.25% +0.01
CVX Chevron Corp. Add +3.8% 0.90% +0.01
PRU Prudential Financial Inc. Add +2.8% 0.11% +0.01
AMP Ameriprise Financial Inc. Add +120.0% 0.01% +0.01
ICE Intercontinental Exchange Inc. Add +3.0% 0.41% +0.01
RGA Reinsurance Group of America Add +109.1% 0.01% +0.01
WSM Williams-Sonoma Inc. Add +71.4% 0.01% +0.01
WAT Waters Corp. Add +300.0% 0.01% +0.01
MINT PIMCO Enhanced Short Maturit New 0.01% +0.01
MANH Manhattan Associates Inc. Add +175.0% 0.01% +0.00
OSK Oshkosh Corp. Add +130.0% 0.01% +0.00
SLGN Silgan Holdings Inc. Add +233.3% 0.01% +0.00
GOOG Alphabet Inc. Class C Add +0.8% 0.69% +0.00
EQIX Equinix Inc. New 0.00% +0.00
OC Owens Corning Add +300.0% 0.01% +0.00
FND Floor & Decor Holdings Inc. Class A Add +50.0% 0.01% +0.00
ZBH Zimmer Biomet Holdings Inc. Add +200.0% 0.01% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 296$279.5MGRC, IJH, AAPL, IEFA, EFA
Q1 2026 232$238.7MGRC, IJH, AAPL, IEFA, EFA
Q4 2025 233$270.9MGRC, IJH, AAPL, EFA, IEFA
Q3 2025 240$264.0MGRC, IJH, AAPL, EFA, IEFA
Q2 2025 239$235.2MGRC, IJH, AAPL, EFA, IEFA
Q1 2025 245$220.4MGRC, IJH, AAPL, EFA, IEFA
Q4 2024 230$222.6MGRC, AAPL, IJH, EFA, IVV
Q3 2024 239$228.4MGRC, IJH, AAPL, EFA, MSFT
Q2 2024 221$194.7MGRC, IJH, AAPL, EFA, MSFT
Q1 2024 220$192.2MGRC, IJH, EFA, AAPL, MSFT