Mengis Capital Management, Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Mengis Capital Management, Inc. reported 176 stock positions worth $490.9 million. Its top holding was Apple (AAPL) at 7.6% of the portfolio, followed by Microsoft (MSFT, 7.4%) and Paccar (PCAR, 3.9%). Compared with Q1 2024, it opened 6 new positions, sold out of 41, added to 24 and reduced 122. The biggest buy was Medtronic (MDT, shares +25%) and the biggest sale Paccar (PCAR, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0001609674
- Portfolio Value
- $490.9M (Q2 2024)
- SEC Filing
- 0001609674-24-000005 ↗ filed Aug 13, 2024
Holdings Value
Holdings 176 stocks · $490.9M
| AAPL Apple Inc. | 7.58% | 176,608 | $37.2M | Reduce -30.9% |
| MSFT Microsoft Corp. | 7.40% | 81,324 | $36.3M | Reduce -48.8% |
| PCAR Paccar Inc. | 3.89% | 185,724 | $19.1M | Reduce -60.9% |
| CVX Chevron Corp. | 3.08% | 96,647 | $15.1M | Reduce -3.9% |
| QCOM Qualcomm Inc. | 2.85% | 70,283 | $14.0M | Reduce -2.5% |
| MRK Merck & Co. Inc. | 2.82% | 111,745 | $13.8M | Reduce -11.7% |
| COST Costco Wholesale Corp. | 2.58% | 14,894 | $12.7M | Reduce -45.2% |
| GOOG Alphabet Inc. Class C | 2.56% | 68,546 | $12.6M | Reduce -4.2% |
| JPM JPMorgan Chase & Co. | 2.38% | 57,720 | $11.7M | Reduce -3.4% |
| DE Deere & Co. | 2.32% | 30,440 | $11.4M | Reduce -1.7% |
| GSIE Goldman Sachs Activebeta Int | 2.03% | 295,647 | $9.9M | Reduce -4.3% |
| PWR Quanta Services Inc. | 1.88% | 36,280 | $9.2M | Reduce -5.7% |
| NVS Novartis AG-Sponsored ADR | 1.77% | 81,605 | $8.7M | Reduce -2.6% |
| XOM Exxon Mobil Corp. | 1.60% | 68,409 | $7.9M | Reduce -11.4% |
| JNJ Johnson & Johnson | 1.55% | 52,008 | $7.6M | Reduce -9.5% |
| AMZN Amazon.com Inc. | 1.51% | 38,460 | $7.4M | Reduce -1.6% |
| MDT Medtronic PLC | 1.42% | 88,257 | $6.9M | Add +25.3% |
| LLY Eli Lilly & Co. | 1.36% | 7,399 | $6.7M | Reduce -1.0% |
| PEP Pepsico Inc. | 1.27% | 37,808 | $6.2M | Reduce -27.2% |
| SCHW Schwab (charles) Corp. | 1.20% | 79,634 | $5.9M | Reduce -3.9% |
| HD Home Depot Inc. | 1.07% | 15,303 | $5.3M | Reduce -38.9% |
| HUBB Hubbell Inc. | 1.04% | 14,000 | $5.1M | Reduce -39.9% |
| MOAT Vaneck Morningstar Wide Moat | 0.94% | 53,264 | $4.6M | Reduce -0.0% |
| SCHX Schwab US Large-Cap ETF | 0.94% | 71,756 | $4.6M | Reduce -1.9% |
| EMR Emerson Electric Co. | 0.94% | 41,709 | $4.6M | Reduce -3.2% |
| PM Philip Morris International | 0.92% | 44,704 | $4.5M | Reduce -5.6% |
| HSY The Hershey Co. | 0.91% | 24,295 | $4.5M | Add +8.3% |
| ATI Ati Inc. | 0.90% | 79,952 | $4.4M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.86% | 105,664 | $4.2M | Reduce -14.3% |
| SCHM Schwab US Mid Cap ETF | 0.84% | 52,762 | $4.1M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.81% | 9,746 | $4.0M | Reduce -3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 7,260 | $4.0M | Reduce -1.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.78% | 22,182 | $3.8M | Reduce -23.4% |
| BRKR Bruker Corp. | 0.77% | 59,540 | $3.8M | Add +5.0% |
| KMB Kimberly-Clark Corp. | 0.72% | 25,562 | $3.5M | Reduce -3.8% |
| A Agilent Technologies Inc. | 0.71% | 27,040 | $3.5M | Reduce -33.4% |
| WWD Woodward Inc. | 0.71% | 20,000 | $3.5M | Reduce -59.3% |
| PG The Procter & Gamble Co. | 0.65% | 19,442 | $3.2M | Reduce -3.2% |
| KO The Coca-Cola Co. | 0.65% | 50,188 | $3.2M | Reduce -7.4% |
| IAU iShares Gold Trust | 0.65% | 72,623 | $3.2M | Reduce -0.7% |
| BMY Bristol-Myers Squibb Co. | 0.63% | 74,708 | $3.1M | Reduce -8.8% |
| GSLC Goldman Activebeta US LC ETF | 0.63% | 28,844 | $3.1M | Add +0.5% |
| FDX FedEx Corp. | 0.62% | 10,176 | $3.1M | Reduce -4.0% |
| KR Kroger Co. | 0.61% | 60,045 | $3.0M | Reduce -25.9% |
| SPXC SPX Technologies Inc. | 0.61% | 21,000 | $3.0M | Reduce -30.0% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.60% | 62,857 | $3.0M | Reduce -0.3% |
| ADP Automatic Data Processing | 0.60% | 12,420 | $3.0M | Reduce -21.0% |
| CVS CVS Health Corp. | 0.60% | 49,736 | $2.9M | Reduce -7.9% |
| SBUX Starbucks Corp. | 0.56% | 35,165 | $2.7M | Reduce -53.3% |
| BSV Vanguard Short-Term Bond ETF | 0.53% | 33,831 | $2.6M | Add +0.0% |
| HON Honeywell International Inc. | 0.53% | 12,126 | $2.6M | Reduce -2.0% |
| IVV iShares Core S&P 500 ETF | 0.52% | 4,621 | $2.5M | Add +63.3% |
| KEYS Keysight Technologies Inc. | 0.48% | 17,330 | $2.4M | Reduce -8.7% |
| BA The Boeing Co. | 0.48% | 13,019 | $2.4M | Reduce -8.3% |
| UBER Uber Technologies Inc. | 0.48% | 32,300 | $2.3M | Reduce -0.8% |
| WAT Waters Corp. | 0.47% | 8,000 | $2.3M | Reduce -40.7% |
| VZ Verizon Communications Inc. | 0.46% | 55,273 | $2.3M | Reduce -15.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 22,643 | $2.2M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 0.45% | 28,538 | $2.2M | Add +0.4% |
| CTRA Coterra Energy Inc. | 0.45% | 82,731 | $2.2M | Reduce -20.0% |
| NXPI NXP Semiconductors NV | 0.45% | 8,180 | $2.2M | Reduce -0.6% |
| INTC Intel Corp. | 0.43% | 68,106 | $2.1M | Reduce -39.7% |
| AXP American Express Co. | 0.43% | 9,070 | $2.1M | Reduce -7.5% |
| MMM 3M Co. | 0.41% | 19,700 | $2.0M | Reduce -3.3% |
| DD Dupont DE Nemours Inc. | 0.41% | 24,804 | $2.0M | Reduce -5.7% |
| VLO Valero Energy Corp. | 0.40% | 12,444 | $2.0M | Reduce -2.4% |
| CL Colgate-Palmolive Co. | 0.40% | 20,100 | $2.0M | Reduce -39.6% |
| LEN Lennar Corp. Class A | 0.40% | 13,008 | $1.9M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.40% | 69,513 | $1.9M | Reduce -10.3% |
| MPC Marathon Petroleum Corp. | 0.39% | 10,975 | $1.9M | Reduce -7.2% |
| PNC PNC Financial Services Group | 0.38% | 11,923 | $1.9M | Reduce -0.3% |
| CBT Cabot Corp. | 0.37% | 20,000 | $1.8M | Reduce -16.7% |
| RTX RTX Corp. | 0.37% | 17,892 | $1.8M | Reduce -13.4% |
| GOOGL Alphabet Inc. Class A | 0.36% | 9,571 | $1.7M | Reduce -13.2% |
| AMGN Amgen Inc. | 0.35% | 5,537 | $1.7M | Reduce -2.2% |
| GEHC GE Healthcare Technology | 0.35% | 21,992 | $1.7M | Add +28.1% |
| UPS United Parcel Service Class B | 0.34% | 12,341 | $1.7M | Reduce -1.4% |
| BIV Vanguard Intermediate-Term B | 0.34% | 22,036 | $1.7M | Add +5.8% |
| AMD Advanced Micro Devices | 0.34% | 10,165 | $1.6M | Reduce -0.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.32% | 26,626 | $1.6M | Reduce -1.4% |
| NTR Nutrien Ltd. | 0.31% | 30,255 | $1.5M | Add +6.9% |
| ABBV Abbvie Inc. | 0.31% | 8,908 | $1.5M | Reduce -2.2% |
| FLS Flowserve Corp. | 0.31% | 31,505 | $1.5M | Reduce -0.7% |
| CMI Cummins Inc. | 0.30% | 5,277 | $1.5M | Reduce -3.3% |
| NVDA Nvidia Corp. | 0.29% | 11,690 | $1.4M | Add +49.3% |
| SCHP Schwab U.S. Tips ETF | 0.29% | 27,720 | $1.4M | Reduce -1.6% |
| FSLR First Solar Inc. | 0.28% | 6,042 | $1.4M | No change |
| FCX Freeport-McMoran Inc. | 0.27% | 27,591 | $1.3M | Add +0.0% |
| KMPR Kemper Corp. | 0.27% | 22,500 | $1.3M | Reduce -10.5% |
| WAB Wabtec Corp. | 0.26% | 7,984 | $1.3M | No change |
| WM Waste Management Inc. | 0.25% | 5,730 | $1.2M | Reduce -17.7% |
| ORCL Oracle Corp. | 0.25% | 8,565 | $1.2M | Reduce -0.1% |
| VALARIS PLC SHS CLASS A | 0.24% | 15,610 | $1.2M | No change |
| MCD McDonald's Corp. | 0.23% | 4,426 | $1.1M | Reduce -3.4% |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.22% | 33,857 | $1.1M | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.22% | 2,158 | $1.1M | Reduce -6.5% |
| SCHA Schwab US Small-Cap ETF | 0.21% | 22,192 | $1.1M | Reduce -7.2% |
| GD General Dynamics Corp. | 0.21% | 3,473 | $1.0M | Reduce -1.4% |
| TDY Teledyne Technologies Inc. | 0.20% | 2,474 | $960K | Reduce -22.9% |
| CLX Clorox Company | 0.18% | 6,579 | $898K | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | 42,784 | $976K | Reduce -7.5% |
| US BANCORP (USB F PERP B*) | COM | 38,106 | $811K | Reduce -7.9% |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | 16,503 | $415K | Reduce -7.8% |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | 9,850 | $246K | Reduce -2.0% |
Total filed on the 13F, all lines: $493.4M.
Portfolio Sells Q1 2024 → Q2 2024
| PCAR Paccar Inc. | Reduce -60.9% | 3.89% | −5.23 |
| MSFT Microsoft Corp. | Reduce -48.8% | 7.40% | −2.96 |
| SBUX Starbucks Corp. | Reduce -53.3% | 0.56% | −0.51 |
| COST Costco Wholesale Corp. | Reduce -45.2% | 2.58% | −0.51 |
| WWD Woodward Inc. | Reduce -59.3% | 0.71% | −0.46 |
| HUBB Hubbell Inc. | Reduce -39.9% | 1.04% | −0.46 |
| HD Home Depot Inc. | Reduce -38.9% | 1.07% | −0.42 |
| INTC Intel Corp. | Reduce -39.7% | 0.43% | −0.34 |
| USB US Bancorp | Reduce -70.2% | 0.18% | −0.34 |
| JOE The St Joe Co. | Sold out | 0.00% | −0.28 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.28 |
| WAT Waters Corp. | Reduce -40.7% | 0.47% | −0.25 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.25 |
| A Agilent Technologies Inc. | Reduce -33.4% | 0.71% | −0.20 |
| CAT Caterpillar Inc. | Reduce -72.0% | 0.10% | −0.19 |
| COLB Columbia Banking System Inc. | Reduce -85.5% | 0.04% | −0.17 |
| PEP Pepsico Inc. | Reduce -27.2% | 1.27% | −0.14 |
| SEOAY Stora Enso Oyj-Spons ADR | Sold out | 0.00% | −0.12 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.12 |
| EQT Eqt Corp. | Reduce -73.4% | 0.06% | −0.11 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.11 |
| KR Kroger Co. | Reduce -25.9% | 0.61% | −0.11 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.08 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.08 |
| IBM Intl Business Machines Corp. | Reduce -23.4% | 0.78% | −0.08 |
| CVS CVS Health Corp. | Reduce -7.9% | 0.60% | −0.07 |
| CL Colgate-Palmolive Co. | Reduce -39.6% | 0.40% | −0.07 |
| ENTG Entegris Inc. | Sold out | 0.00% | −0.07 |
| ALC Alcon Inc. | Reduce -64.8% | 0.06% | −0.06 |
| NWN Northwest Natural Holding Co. | Sold out | 0.00% | −0.06 |
| BP BP PLC-Spons ADR | Reduce -45.6% | 0.13% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.8% | 0.63% | −0.06 |
| SDZNY Sandoz Group AG-ADR | Sold out | 0.00% | −0.06 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.05 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.05 |
| WY Weyerhaeuser Co. | Reduce -25.0% | 0.18% | −0.05 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.05 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.05 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.05 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.05 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.05 |
| AIG American International Group | Sold out | 0.00% | −0.04 |
| MGM MGM Resorts International | Sold out | 0.00% | −0.04 |
| GM General Motors Co. | Sold out | 0.00% | −0.04 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.04 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.04 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.04 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.04 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -41.9% | 0.13% | −0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| MDT Medtronic PLC | Add +25.3% | 1.42% | +0.46 |
| IVV iShares Core S&P 500 ETF | Add +63.3% | 0.52% | +0.28 |
| HSY The Hershey Co. | Add +8.3% | 0.91% | +0.23 |
| NVDA Nvidia Corp. | Add +49.3% | 0.29% | +0.18 |
| SCHM Schwab US Mid Cap ETF | Add +0.4% | 0.84% | +0.17 |
| GSLC Goldman Activebeta US LC ETF | Add +0.5% | 0.63% | +0.17 |
| BSV Vanguard Short-Term Bond ETF | Add +0.0% | 0.53% | +0.13 |
| APD Air Products & Chemicals Inc. | New | 0.12% | +0.12 |
| NSRGY Nestle SA-Spons ADR | New | 0.11% | +0.11 |
| GEHC GE Healthcare Technology | Add +28.1% | 0.35% | +0.11 |
| SCHD Schwab US DVD Equity ETF | Add +0.4% | 0.45% | +0.10 |
| BIV Vanguard Intermediate-Term B | Add +5.8% | 0.34% | +0.09 |
| NTR Nutrien Ltd. | Add +6.9% | 0.31% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +0.0% | 0.27% | +0.07 |
| MOTI Vaneck Mstar Int Moat ETF | Add +58.1% | 0.13% | +0.07 |
| AIR Aar Corp. | Add +10.4% | 0.15% | +0.07 |
| DDOG Datadog Inc. Class A | Add +22.8% | 0.15% | +0.06 |
| BCD Abrdn Bloomberg All Commodit | Add +0.3% | 0.22% | +0.06 |
| STX Seagate Technology Holdings | Add +1.4% | 0.15% | +0.05 |
| ISRG Intuitive Surgical Inc. | New | 0.05% | +0.05 |
| SMR Nuscale Power Corp. | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
| LNG Cheniere Energy Inc. | New | 0.04% | +0.04 |
| CMCSA Comcast Corp. Class A | Add +15.5% | 0.15% | +0.04 |
| GBIL Goldman Sachs Access Treasur | Add +2.7% | 0.14% | +0.04 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.5% | 0.12% | +0.03 |
| ABNB Airbnb Inc. Class A | Add +2.5% | 0.12% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +2.0% | 0.08% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +2.7% | 0.05% | +0.01 |
| BRKR Bruker Corp. | Add +5.0% | 0.77% | −0.05 |
Notes & Other Activity Q1 2024 → Q2 2024
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | Reduce -7.5% | 42,784 | $976K |
| US BANCORP (USB F PERP B*) | COM | Reduce -7.9% | 38,106 | $811K |
| GOLDMAN SACHS GROUP INC (GS V6.375 PERP K) | PFD | Sold out | 28,059 | $715Kbefore exit |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | Reduce -7.8% | 16,503 | $415K |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | Reduce -2.0% | 9,850 | $246K |
| CHS INC (CHSINC 7.875 PERP 1) | PFD | Sold out | 8,400 | $225Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 214 | $655.6M | AAPL, MSFT, GOOG, PWR, JPM |
| Q1 2026 | 208 | $578.9M | AAPL, MSFT, CVX, GOOG, JPM |
| Q4 2025 | 205 | $563.6M | AAPL, MSFT, GOOG, JPM, CVX |
| Q3 2025 | 203 | $506.1M | AAPL, MSFT, JPM, GOOG, CVX |
| Q2 2025 | 195 | $468.1M | MSFT, AAPL, JPM, CVX, DE |
| Q1 2025 | 186 | $476.3M | AAPL, MSFT, CVX, JPM, PCAR |
| Q4 2024 | 184 | $486.9M | AAPL, MSFT, CVX, PCAR, JPM |
| Q3 2024 | 179 | $505.6M | AAPL, MSFT, PCAR, CVX, COST |
| Q2 2024Amended | 176 | $490.9M | AAPL, MSFT, PCAR, CVX, QCOM |
| Q1 2024Amended | 210 | $644.9M | MSFT, PCAR, AAPL, COST, MRK |