Mengis Capital Management, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Mengis Capital Management, Inc. reported 179 stock positions worth $505.6 million. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Microsoft (MSFT, 6.8%) and Paccar (PCAR, 3.7%). Compared with Q2 2024, it opened 10 new positions, sold out of 7, added to 41 and reduced 98. The biggest buy was a new position in Dell Technologies -C (DELL) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0001609674
- Portfolio Value
- $505.6M (Q3 2024)
- SEC Filing
- 0001609674-24-000006 ↗ filed Nov 5, 2024
Holdings Value
Holdings 179 stocks · $505.6M
| AAPL Apple Inc. | 7.83% | 170,006 | $39.6M | Reduce -3.7% |
| MSFT Microsoft Corp. | 6.85% | 80,451 | $34.6M | Reduce -1.1% |
| PCAR Paccar Inc. | 3.73% | 191,157 | $18.9M | Add +2.9% |
| CVX Chevron Corp. | 2.93% | 100,442 | $14.8M | Add +3.9% |
| COST Costco Wholesale Corp. | 2.59% | 14,781 | $13.1M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 2.48% | 110,515 | $12.6M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 2.39% | 57,354 | $12.1M | Reduce -0.6% |
| QCOM Qualcomm Inc. | 2.36% | 70,066 | $11.9M | Reduce -0.3% |
| DE Deere & Co. | 2.26% | 27,390 | $11.4M | Reduce -10.0% |
| GOOG Alphabet Inc. Class C | 2.23% | 67,557 | $11.3M | Reduce -1.4% |
| PWR Quanta Services Inc. | 2.13% | 36,105 | $10.8M | Reduce -0.5% |
| GSIE Goldman Sachs Activebeta Int | 2.03% | 283,212 | $10.2M | Reduce -4.2% |
| NVS Novartis AG-Sponsored ADR | 1.81% | 79,513 | $9.1M | Reduce -2.6% |
| MDT Medtronic PLC | 1.59% | 89,373 | $8.0M | Add +1.3% |
| XOM Exxon Mobil Corp. | 1.58% | 68,131 | $8.0M | Reduce -0.4% |
| JNJ Johnson & Johnson | 1.57% | 48,893 | $7.9M | Reduce -6.0% |
| AMZN Amazon.com Inc. | 1.44% | 39,000 | $7.3M | Add +1.4% |
| LLY Eli Lilly & Co. | 1.32% | 7,559 | $6.7M | Add +2.2% |
| PEP Pepsico Inc. | 1.27% | 37,656 | $6.4M | Reduce -0.4% |
| HUBB Hubbell Inc. | 1.19% | 14,000 | $6.0M | No change |
| PM Philip Morris International | 1.06% | 44,072 | $5.4M | Reduce -1.4% |
| MOAT Vaneck Morningstar Wide Moat | 1.05% | 54,983 | $5.3M | Add +3.2% |
| ATI Ati Inc. | 1.04% | 78,802 | $5.3M | Reduce -1.4% |
| HSY The Hershey Co. | 1.00% | 26,395 | $5.1M | Add +8.6% |
| SCHX Schwab US Large-Cap ETF | 0.93% | 69,062 | $4.7M | Reduce -3.8% |
| HD Home Depot Inc. | 0.92% | 11,523 | $4.7M | Reduce -24.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.91% | 20,833 | $4.6M | Reduce -6.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.90% | 9,848 | $4.5M | Add +1.1% |
| SCHM Schwab US Mid Cap ETF | 0.83% | 50,518 | $4.2M | Reduce -4.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.82% | 7,236 | $4.2M | Reduce -0.3% |
| EMR Emerson Electric Co. | 0.80% | 36,787 | $4.0M | Reduce -11.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.79% | 101,217 | $4.0M | Reduce -4.2% |
| SCHW Schwab (charles) Corp. | 0.79% | 61,729 | $4.0M | Reduce -22.5% |
| BRKR Bruker Corp. | 0.77% | 56,035 | $3.9M | Reduce -5.9% |
| A Agilent Technologies Inc. | 0.72% | 24,614 | $3.7M | Reduce -9.0% |
| KMB Kimberly-Clark Corp. | 0.72% | 25,656 | $3.7M | Add +0.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.71% | 85,189 | $3.6M | Add +35.5% |
| KO The Coca-Cola Co. | 0.70% | 49,136 | $3.5M | Reduce -2.1% |
| IAU iShares Gold Trust | 0.69% | 70,151 | $3.5M | Reduce -3.4% |
| WWD Woodward Inc. | 0.68% | 20,000 | $3.4M | No change |
| SBUX Starbucks Corp. | 0.67% | 34,907 | $3.4M | Reduce -0.7% |
| BMY Bristol-Myers Squibb Co. | 0.67% | 65,173 | $3.4M | Reduce -12.8% |
| SPXC SPX Technologies Inc. | 0.66% | 21,000 | $3.3M | No change |
| PG The Procter & Gamble Co. | 0.66% | 19,251 | $3.3M | Reduce -1.0% |
| KR Kroger Co. | 0.65% | 57,438 | $3.3M | Reduce -4.3% |
| GEHC GE Healthcare Technology | 0.63% | 33,677 | $3.2M | Add +53.1% |
| GSLC Goldman Activebeta US LC ETF | 0.62% | 27,933 | $3.2M | Reduce -3.2% |
| CVS CVS Health Corp. | 0.58% | 46,389 | $2.9M | Reduce -6.7% |
| WAT Waters Corp. | 0.57% | 8,000 | $2.9M | No change |
| FDX FedEx Corp. | 0.55% | 10,077 | $2.8M | Reduce -1.0% |
| IVV iShares Core S&P 500 ETF | 0.55% | 4,779 | $2.8M | Add +3.4% |
| ADP Automatic Data Processing | 0.54% | 9,918 | $2.7M | Reduce -20.1% |
| MMM 3M Co. | 0.53% | 19,589 | $2.7M | Reduce -0.6% |
| SCHD Schwab US DVD Equity ETF | 0.52% | 31,080 | $2.6M | Add +8.9% |
| BSV Vanguard Short-Term Bond ETF | 0.51% | 33,026 | $2.6M | Reduce -2.4% |
| KEYS Keysight Technologies Inc. | 0.51% | 16,092 | $2.6M | Reduce -7.1% |
| HON Honeywell International Inc. | 0.50% | 12,176 | $2.5M | Add +0.4% |
| AXP American Express Co. | 0.49% | 9,070 | $2.5M | No change |
| LEN Lennar Corp. Class A | 0.47% | 12,809 | $2.4M | Reduce -1.5% |
| VZ Verizon Communications Inc. | 0.46% | 52,031 | $2.3M | Reduce -5.9% |
| CBT Cabot Corp. | 0.44% | 20,000 | $2.2M | No change |
| NSRGY Nestle SA-Spons ADR | 0.44% | 22,150 | $2.2M | Add +304.3% |
| RTX RTX Corp. | 0.43% | 17,869 | $2.2M | Reduce -0.1% |
| PNC PNC Financial Services Group | 0.43% | 11,673 | $2.2M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.43% | 28,695 | $2.2M | Reduce -11.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 22,294 | $2.1M | Reduce -1.5% |
| DD Dupont DE Nemours Inc. | 0.42% | 24,054 | $2.1M | Reduce -3.0% |
| DELL Dell Technologies -C | 0.42% | 17,885 | $2.1M | New |
| CL Colgate-Palmolive Co. | 0.41% | 20,100 | $2.1M | No change |
| NXPI NXP Semiconductors NV | 0.39% | 8,180 | $2.0M | No change |
| BA The Boeing Co. | 0.38% | 12,544 | $1.9M | Reduce -3.6% |
| PFE Pfizer Inc. | 0.38% | 65,511 | $1.9M | Reduce -5.8% |
| CTRA Coterra Energy Inc. | 0.37% | 78,437 | $1.9M | Reduce -5.2% |
| AMGN Amgen Inc. | 0.35% | 5,552 | $1.8M | Add +0.3% |
| MPC Marathon Petroleum Corp. | 0.35% | 10,975 | $1.8M | No change |
| ABBV Abbvie Inc. | 0.35% | 9,023 | $1.8M | Add +1.3% |
| BIV Vanguard Intermediate-Term B | 0.34% | 21,708 | $1.7M | Reduce -1.5% |
| CMI Cummins Inc. | 0.34% | 5,233 | $1.7M | Reduce -0.8% |
| VLO Valero Energy Corp. | 0.33% | 12,295 | $1.7M | Reduce -1.2% |
| AMD Advanced Micro Devices | 0.33% | 10,040 | $1.6M | Reduce -1.2% |
| UPS United Parcel Service Class B | 0.32% | 12,016 | $1.6M | Reduce -2.6% |
| FLS Flowserve Corp. | 0.32% | 31,505 | $1.6M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.32% | 25,540 | $1.6M | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 0.31% | 9,521 | $1.6M | Reduce -0.5% |
| FSLR First Solar Inc. | 0.30% | 6,162 | $1.5M | Add +2.0% |
| WAB Wabtec Corp. | 0.29% | 7,985 | $1.5M | Add +0.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.28% | 26,770 | $1.4M | New |
| FCX Freeport-McMoran Inc. | 0.28% | 28,142 | $1.4M | Add +2.0% |
| NTR Nutrien Ltd. | 0.28% | 28,930 | $1.4M | Reduce -4.4% |
| MCD McDonald's Corp. | 0.26% | 4,395 | $1.3M | Reduce -0.7% |
| SCHP Schwab U.S. Tips ETF | 0.26% | 24,866 | $1.3M | Reduce -10.3% |
| COLB Columbia Banking System Inc. | 0.26% | 49,922 | $1.3M | Add +383.8% |
| ILMN Illumina Inc. | 0.24% | 9,362 | $1.2M | New |
| META Meta Platforms Inc. Class A | 0.24% | 2,118 | $1.2M | Reduce -1.9% |
| WM Waste Management Inc. | 0.24% | 5,803 | $1.2M | Add +1.3% |
| NVDA Nvidia Corp. | 0.22% | 9,240 | $1.1M | Reduce -21.0% |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.22% | 33,716 | $1.1M | Reduce -0.4% |
| CLX Clorox Company | 0.21% | 6,579 | $1.1M | No change |
| TDY Teledyne Technologies Inc. | 0.21% | 2,397 | $1.0M | Reduce -3.1% |
| WY Weyerhaeuser Co. | 0.20% | 30,150 | $1.0M | Reduce -1.1% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | 43,084 | $1.1M | Add +0.7% |
| US BANCORP (USB F PERP B*) | COM | 38,107 | $820K | Add +0.0% |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | 16,903 | $425K | Add +2.4% |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | 15,150 | $379K | Add +53.8% |
Total filed on the 13F, all lines: $508.3M.
Portfolio Sells Q2 2024 → Q3 2024
| MSFT Microsoft Corp. | Reduce -1.1% | 6.85% | −0.56 |
| QCOM Qualcomm Inc. | Reduce -0.3% | 2.36% | −0.50 |
| INTC Intel Corp. | Sold out | 0.00% | −0.43 |
| SCHW Schwab (charles) Corp. | Reduce -22.5% | 0.79% | −0.40 |
| MRK Merck & Co. Inc. | Reduce -1.1% | 2.48% | −0.34 |
| GOOG Alphabet Inc. Class C | Reduce -1.4% | 2.23% | −0.33 |
| HD Home Depot Inc. | Reduce -24.7% | 0.92% | −0.15 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.15 |
| EMR Emerson Electric Co. | Reduce -11.8% | 0.80% | −0.14 |
| ORCL Oracle Corp. | Reduce -53.6% | 0.13% | −0.11 |
| BA The Boeing Co. | Reduce -3.6% | 0.38% | −0.11 |
| CTRA Coterra Energy Inc. | Reduce -5.2% | 0.37% | −0.08 |
| FDX FedEx Corp. | Reduce -1.0% | 0.55% | −0.08 |
| NVDA Nvidia Corp. | Reduce -21.0% | 0.22% | −0.07 |
| KMPR Kemper Corp. | Reduce -26.7% | 0.20% | −0.07 |
| VALARIS PLC SHS CLASS A | Reduce -3.2% | 0.17% | −0.07 |
| VLO Valero Energy Corp. | Reduce -1.2% | 0.33% | −0.07 |
| BIIB Biogen Inc. | Reduce -46.5% | 0.05% | −0.07 |
| BAC Bank of America Corp. | Reduce -4.2% | 0.79% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -41.4% | 0.07% | −0.06 |
| ADP Automatic Data Processing | Reduce -20.1% | 0.54% | −0.06 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -42.8% | 0.09% | −0.06 |
| SILK Silk Road Medical Inc. | Sold out | 0.00% | −0.06 |
| DE Deere & Co. | Reduce -10.0% | 2.26% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -11.2% | 0.43% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.05 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 0.31% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -12.3% | 0.11% | −0.04 |
| NTR Nutrien Ltd. | Reduce -4.4% | 0.28% | −0.04 |
| DIS The Walt Disney Co. | Reduce -1.5% | 0.42% | −0.03 |
| SCHP Schwab U.S. Tips ETF | Reduce -10.3% | 0.26% | −0.03 |
| MAT Mattel Inc. | Reduce -40.8% | 0.06% | −0.03 |
| ABNB Airbnb Inc. Class A | Reduce -4.0% | 0.10% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.4% | 1.58% | −0.02 |
| AIR Aar Corp. | Reduce -2.4% | 0.13% | −0.02 |
| CVS CVS Health Corp. | Reduce -6.7% | 0.58% | −0.02 |
| PFE Pfizer Inc. | Reduce -5.8% | 0.38% | −0.02 |
| UPS United Parcel Service Class B | Reduce -2.6% | 0.32% | −0.02 |
| BSV Vanguard Short-Term Bond ETF | Reduce -2.4% | 0.51% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -11.2% | 0.20% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -3.8% | 0.93% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -7.5% | 0.12% | −0.01 |
| AMD Advanced Micro Devices | Reduce -1.2% | 0.33% | −0.01 |
| QS Quantumscape Corp. | Sold out | 0.00% | −0.01 |
| BRKR Bruker Corp. | Reduce -5.9% | 0.77% | −0.01 |
| WMB Williams Cos Inc. | Reduce -14.9% | 0.05% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -4.3% | 0.83% | −0.01 |
| BCD Abrdn Bloomberg All Commodit | Reduce -0.4% | 0.22% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| DELL Dell Technologies -C | New | 0.42% | +0.42 |
| NSRGY Nestle SA-Spons ADR | Add +304.3% | 0.44% | +0.33 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.28% | +0.28 |
| GEHC GE Healthcare Technology | Add +53.1% | 0.63% | +0.28 |
| ILMN Illumina Inc. | New | 0.24% | +0.24 |
| COLB Columbia Banking System Inc. | Add +383.8% | 0.26% | +0.22 |
| MDT Medtronic PLC | Add +1.3% | 1.59% | +0.18 |
| MOAT Vaneck Morningstar Wide Moat | Add +3.2% | 1.05% | +0.11 |
| SLB SLB Ltd. | Add +35.5% | 0.71% | +0.10 |
| HSY The Hershey Co. | Add +8.6% | 1.00% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.1% | 0.90% | +0.09 |
| SCHD Schwab US DVD Equity ETF | Add +8.9% | 0.52% | +0.07 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.06% | +0.06 |
| K Kellanova | New | 0.05% | +0.05 |
| CARR Carrier Global Corp. | New | 0.05% | +0.05 |
| AIVL Wisdomtree US AI Enhanced Va | New | 0.04% | +0.04 |
| TXN Texas Instruments Inc. | New | 0.04% | +0.04 |
| ABBV Abbvie Inc. | Add +1.3% | 0.35% | +0.04 |
| BKNG Booking Holdings Inc. | New | 0.04% | +0.04 |
| PSA Public Storage | New | 0.04% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +3.4% | 0.55% | +0.03 |
| WAB Wabtec Corp. | Add +0.0% | 0.29% | +0.03 |
| MOTI Vaneck Mstar Int Moat ETF | Add +11.6% | 0.16% | +0.03 |
| FSLR First Solar Inc. | Add +2.0% | 0.30% | +0.03 |
| AVGO Broadcom Inc. | Add +42.6% | 0.07% | +0.02 |
| NKE Nike Inc. Class B | Add +0.0% | 0.19% | +0.02 |
| APD Air Products & Chemicals Inc. | Add +2.7% | 0.13% | +0.02 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +18.5% | 0.09% | +0.02 |
| ETN Eaton Corp. PLC | Add +3.1% | 0.17% | +0.01 |
| GLD SPDR Gold Shares | Add +2.5% | 0.07% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +1.5% | 0.16% | +0.01 |
| HFWA Heritage Financial Corp. | Add +0.0% | 0.04% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.0% | 0.10% | +0.01 |
| SCHB Schwab US Broad Market ETF | Add +0.1% | 0.19% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +2.0% | 0.28% | +0.00 |
| KMB Kimberly-Clark Corp. | Add +0.4% | 0.72% | +0.00 |
| LNG Cheniere Energy Inc. | Add +4.3% | 0.04% | +0.00 |
| FNPFX Amer FNDS New Perspect-F3 | Add +0.0% | 0.06% | +0.00 |
| AMGN Amgen Inc. | Add +0.3% | 0.35% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.11% | +0.00 |
| GBIL Goldman Sachs Access Treasur | Add +3.1% | 0.14% | +0.00 |
| BCOIX Baird Core Plus Bond-Inst | Add +0.0% | 0.02% | +0.00 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.1% | 0.11% | −0.01 |
| WM Waste Management Inc. | Add +1.3% | 0.24% | −0.01 |
| DDOG Datadog Inc. Class A | Add +1.4% | 0.13% | −0.02 |
| BP BP PLC-Spons ADR | Add +0.0% | 0.11% | −0.02 |
| HON Honeywell International Inc. | Add +0.4% | 0.50% | −0.03 |
| LLY Eli Lilly & Co. | Add +2.2% | 1.32% | −0.04 |
| AMZN Amazon.com Inc. | Add +1.4% | 1.44% | −0.08 |
| CVX Chevron Corp. | Add +3.9% | 2.93% | −0.15 |
Notes & Other Activity Q2 2024 → Q3 2024
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | Add +0.7% | 43,084 | $1.1M |
| US BANCORP (USB F PERP B*) | COM | Add +0.0% | 38,107 | $820K |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | Add +2.4% | 16,903 | $425K |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | Add +53.8% | 15,150 | $379K |
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 |