Mengis Capital Management, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Mengis Capital Management, Inc. reported 203 stock positions worth $506.1 million. Its top holding was Apple (AAPL) at 6.9% of the portfolio, followed by Microsoft (MSFT, 6.0%) and JPMorgan Chase (JPM, 3.4%). Compared with Q2 2025, it opened 12 new positions, sold out of 4, added to 67 and reduced 63. The biggest buy was Clorox (CLX, shares +138%) and the biggest sale Deere (DE, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0001609674
- Portfolio Value
- $506.1M (Q3 2025)
- SEC Filing
- 0001609674-25-000006 ↗ filed Nov 12, 2025
Holdings Value
Holdings 203 stocks · $506.1M
| AAPL Apple Inc. | 6.94% | 137,863 | $35.1M | Reduce -0.6% |
| MSFT Microsoft Corp. | 6.03% | 58,955 | $30.5M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 3.42% | 54,866 | $17.3M | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 3.03% | 63,029 | $15.4M | Reduce -0.5% |
| CVX Chevron Corp. | 2.80% | 91,276 | $14.2M | Reduce -0.5% |
| GSIE Goldman Sachs Activebeta Int | 2.40% | 295,260 | $12.1M | Add +2.0% |
| QCOM Qualcomm Inc. | 2.35% | 71,457 | $11.9M | Add +0.3% |
| DE Deere & Co. | 2.29% | 25,390 | $11.6M | Reduce -0.1% |
| PWR Quanta Services Inc. | 2.23% | 27,225 | $11.3M | Reduce -2.7% |
| COST Costco Wholesale Corp. | 2.03% | 11,079 | $10.3M | Reduce -0.1% |
| PCAR Paccar Inc. | 1.87% | 96,046 | $9.4M | Reduce -0.3% |
| MDT Medtronic PLC | 1.73% | 92,092 | $8.8M | Add +0.2% |
| AMZN Amazon.com Inc. | 1.73% | 39,843 | $8.7M | Reduce -1.1% |
| NVS Novartis AG-Sponsored ADR | 1.62% | 63,998 | $8.2M | Reduce -0.8% |
| LLY Eli Lilly & Co. | 1.41% | 9,374 | $7.2M | Add +5.4% |
| PM Philip Morris International | 1.37% | 42,708 | $6.9M | Reduce -2.1% |
| JNJ Johnson & Johnson | 1.32% | 36,050 | $6.7M | Reduce -0.6% |
| AZN Astrazeneca PLC-Spons ADR | 1.32% | 86,842 | $6.7M | Add +19.2% |
| ATI Ati Inc. | 1.31% | 81,807 | $6.7M | Add +1.3% |
| XOM Exxon Mobil Corp. | 1.26% | 56,373 | $6.4M | Add +2.2% |
| MOAT Vaneck Morningstar Wide Moat | 1.14% | 58,445 | $5.8M | Add +4.7% |
| SCHX Schwab US Large-Cap ETF | 1.04% | 200,097 | $5.3M | Add +1.4% |
| PEP Pepsico Inc. | 1.04% | 37,388 | $5.3M | Add +4.6% |
| IAU iShares Gold Trust | 0.99% | 68,684 | $5.0M | Add +0.8% |
| SCHM Schwab US Mid Cap ETF | 0.98% | 168,011 | $5.0M | Add +1.9% |
| EMR Emerson Electric Co. | 0.97% | 37,243 | $4.9M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 9,690 | $4.9M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.93% | 91,210 | $4.7M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.88% | 6,699 | $4.5M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.86% | 51,895 | $4.4M | Reduce -7.8% |
| HSY The Hershey Co. | 0.85% | 22,950 | $4.3M | Add +2.5% |
| BA The Boeing Co. | 0.84% | 19,775 | $4.3M | Add +7.2% |
| CLX Clorox Company | 0.84% | 34,383 | $4.2M | Add +138.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.82% | 14,683 | $4.1M | No change |
| SCHW Schwab (charles) Corp. | 0.79% | 41,906 | $4.0M | Reduce -0.8% |
| HUBB Hubbell Inc. | 0.77% | 9,000 | $3.9M | No change |
| NSRGY Nestle SA-Spons ADR | 0.75% | 41,435 | $3.8M | Reduce -0.6% |
| GEHC GE Healthcare Technology | 0.75% | 50,557 | $3.8M | Reduce -0.8% |
| GSLC Goldman Activebeta US LC ETF | 0.71% | 27,480 | $3.6M | Add +1.6% |
| KO The Coca-Cola Co. | 0.63% | 47,734 | $3.2M | Reduce -0.8% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.62% | 58,636 | $3.1M | Add +5.4% |
| IVV iShares Core S&P 500 ETF | 0.61% | 4,628 | $3.1M | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.60% | 110,863 | $3.0M | Add +12.2% |
| MMM 3M Co. | 0.58% | 18,764 | $2.9M | Reduce -0.4% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.57% | 83,615 | $2.9M | Reduce -0.6% |
| RTX RTX Corp. | 0.55% | 16,719 | $2.8M | No change |
| KR Kroger Co. | 0.55% | 41,188 | $2.8M | No change |
| AVGO Broadcom Inc. | 0.54% | 8,259 | $2.7M | No change |
| CMI Cummins Inc. | 0.54% | 6,443 | $2.7M | Add +7.6% |
| PG The Procter & Gamble Co. | 0.54% | 17,683 | $2.7M | Reduce -0.1% |
| AXP American Express Co. | 0.51% | 7,790 | $2.6M | No change |
| DELL Dell Technologies -C | 0.51% | 18,210 | $2.6M | Reduce -0.6% |
| HD Home Depot Inc. | 0.51% | 6,367 | $2.6M | No change |
| NKE Nike Inc. Class B | 0.50% | 36,370 | $2.5M | Add +2.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.50% | 22,047 | $2.5M | Reduce -1.5% |
| UBER Uber Technologies Inc. | 0.49% | 25,075 | $2.5M | Reduce -4.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.47% | 2,453 | $2.4M | Reduce -2.0% |
| FDX FedEx Corp. | 0.47% | 10,036 | $2.4M | Reduce -0.3% |
| BSV Vanguard Short-Term Bond ETF | 0.46% | 29,726 | $2.3M | Reduce -0.8% |
| FLR Fluor Corp. | 0.46% | 55,362 | $2.3M | Reduce -0.7% |
| KMB Kimberly-Clark Corp. | 0.46% | 18,731 | $2.3M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 0.46% | 9,510 | $2.3M | No change |
| PNC PNC Financial Services Group | 0.43% | 10,895 | $2.2M | No change |
| BMY Bristol-Myers Squibb Co. | 0.42% | 47,434 | $2.1M | Reduce -16.5% |
| ABBV Abbvie Inc. | 0.42% | 9,183 | $2.1M | No change |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.42% | 61,498 | $2.1M | Add +8.4% |
| ORCL Oracle Corp. | 0.41% | 7,328 | $2.1M | Reduce -2.9% |
| MPC Marathon Petroleum Corp. | 0.40% | 10,575 | $2.0M | No change |
| VLO Valero Energy Corp. | 0.40% | 11,855 | $2.0M | Add +0.0% |
| A Agilent Technologies Inc. | 0.39% | 15,204 | $2.0M | Add +22.5% |
| NXPI NXP Semiconductors NV | 0.37% | 8,180 | $1.9M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 25,714 | $1.8M | Add +0.1% |
| BRKR Bruker Corp. | 0.36% | 56,085 | $1.8M | No change |
| CTRA Coterra Energy Inc. | 0.36% | 76,272 | $1.8M | Reduce -1.5% |
| DD Dupont DE Nemours Inc. | 0.36% | 23,075 | $1.8M | Reduce -1.4% |
| MRVL Marvell Technology Inc. | 0.35% | 21,070 | $1.8M | New |
| NVDA Nvidia Corp. | 0.34% | 9,155 | $1.7M | Reduce -15.3% |
| AMGN Amgen Inc. | 0.34% | 6,052 | $1.7M | No change |
| FLS Flowserve Corp. | 0.33% | 31,505 | $1.7M | No change |
| AMD Advanced Micro Devices | 0.32% | 9,865 | $1.6M | Reduce -1.0% |
| ETN Eaton Corp. PLC | 0.31% | 4,238 | $1.6M | No change |
| WAB Wabtec Corp. | 0.31% | 7,815 | $1.6M | Reduce -0.6% |
| LEN Lennar Corp. Class A | 0.31% | 12,424 | $1.6M | Add +0.0% |
| META Meta Platforms Inc. Class A | 0.31% | 2,120 | $1.6M | No change |
| BIV Vanguard Intermediate-Term B | 0.30% | 19,633 | $1.5M | Add +0.1% |
| ADP Automatic Data Processing | 0.29% | 5,046 | $1.5M | No change |
| WM Waste Management Inc. | 0.29% | 6,598 | $1.5M | No change |
| PFE Pfizer Inc. | 0.29% | 57,157 | $1.5M | Reduce -2.6% |
| WWD Woodward Inc. | 0.28% | 5,663 | $1.4M | No change |
| NTR Nutrien Ltd. | 0.28% | 24,150 | $1.4M | Reduce -1.2% |
| UNP Union Pacific Corp. | 0.28% | 5,975 | $1.4M | Add +97.8% |
| TDY Teledyne Technologies Inc. | 0.28% | 2,397 | $1.4M | No change |
| FCX Freeport-McMoran Inc. | 0.27% | 34,404 | $1.3M | Add +0.7% |
| MCD McDonald's Corp. | 0.26% | 4,384 | $1.3M | No change |
| VCIT Vanguard Int-Term Corporate | 0.26% | 15,792 | $1.3M | Add +11.8% |
| VZ Verizon Communications Inc. | 0.26% | 30,144 | $1.3M | Reduce -26.0% |
| COLB Columbia Banking System Inc. | 0.26% | 51,061 | $1.3M | Add +1.1% |
| CVS CVS Health Corp. | 0.26% | 17,355 | $1.3M | Reduce -9.2% |
| STX Seagate Technology Holdings | 0.25% | 5,375 | $1.3M | Reduce -6.7% |
| FSLR First Solar Inc. | 0.25% | 5,743 | $1.3M | No change |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC F PERP +4) | COM | 41,034 | $861K | No change |
| US BANCORP (USB F PERP B*) | COM | 36,517 | $715K | Add +0.0% |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | 20,550 | $514K | Reduce -2.4% |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | 16,503 | $413K | Add +0.6% |
Total filed on the 13F, all lines: $508.6M.
Portfolio Sells Q2 2025 → Q3 2025
| DE Deere & Co. | Reduce -0.1% | 2.29% | −0.47 |
| PM Philip Morris International | Reduce -2.1% | 1.37% | −0.33 |
| COST Costco Wholesale Corp. | Reduce -0.1% | 2.03% | −0.32 |
| MSFT Microsoft Corp. | Reduce -0.6% | 6.03% | −0.27 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 1.73% | −0.16 |
| UPS United Parcel Service Class B | Reduce -32.1% | 0.16% | −0.15 |
| FLR Fluor Corp. | Reduce -0.7% | 0.46% | −0.15 |
| BMY Bristol-Myers Squibb Co. | Reduce -16.5% | 0.42% | −0.14 |
| NSRGY Nestle SA-Spons ADR | Reduce -0.6% | 0.75% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -26.0% | 0.26% | −0.11 |
| KO The Coca-Cola Co. | Reduce -0.8% | 0.63% | −0.10 |
| DIS The Walt Disney Co. | Reduce -1.5% | 0.50% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -7.8% | 0.86% | −0.09 |
| PCAR Paccar Inc. | Reduce -0.3% | 1.87% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.54% | −0.07 |
| CTRA Coterra Energy Inc. | Reduce -1.5% | 0.36% | −0.06 |
| GEHC GE Healthcare Technology | Reduce -0.8% | 0.75% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 0.96% | −0.05 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Sold out | 0.00% | −0.05 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.05 |
| NVS Novartis AG-Sponsored ADR | Reduce -0.8% | 1.62% | −0.04 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.04 |
| WAB Wabtec Corp. | Reduce -0.6% | 0.31% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -0.8% | 0.46% | −0.04 |
| SLB SLB Ltd. | Reduce -0.6% | 0.57% | −0.04 |
| MMM 3M Co. | Reduce -0.4% | 0.58% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -4.1% | 0.49% | −0.04 |
| SBUX Starbucks Corp. | Reduce -3.3% | 0.16% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -0.8% | 0.79% | −0.03 |
| PWR Quanta Services Inc. | Reduce -2.7% | 2.23% | −0.03 |
| NVDA Nvidia Corp. | Reduce -15.3% | 0.34% | −0.03 |
| NTR Nutrien Ltd. | Reduce -1.2% | 0.28% | −0.02 |
| CVS CVS Health Corp. | Reduce -9.2% | 0.26% | −0.02 |
| NFLX Netflix Inc. | Reduce -7.8% | 0.07% | −0.02 |
| FDX FedEx Corp. | Reduce -0.3% | 0.47% | −0.02 |
| UL Unilever PLC | Reduce -1.8% | 0.13% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -0.7% | 0.09% | −0.02 |
| PFE Pfizer Inc. | Reduce -2.6% | 0.29% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -1.1% | 3.42% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.11% | −0.01 |
| GIS General Mills Inc. | Reduce -0.9% | 0.10% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.1% | 0.88% | −0.01 |
| GBIL Goldman Sachs Access Treasur | Reduce -2.1% | 0.12% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -3.5% | 0.08% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -0.6% | 0.08% | −0.01 |
| CVX Chevron Corp. | Reduce -0.5% | 2.80% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -2.4% | 0.10% | −0.01 |
| WMT Walmart Inc. | Reduce -0.2% | 0.16% | −0.00 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -1.4% | 0.04% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| CLX Clorox Company | Add +138.1% | 0.84% | +0.47 |
| MRVL Marvell Technology Inc. | New | 0.35% | +0.35 |
| AZN Astrazeneca PLC-Spons ADR | Add +19.2% | 1.32% | +0.23 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.18% | +0.18 |
| VOO Vanguard S&P 500 ETF | New | 0.13% | +0.13 |
| UNP Union Pacific Corp. | Add +97.8% | 0.28% | +0.13 |
| CMI Cummins Inc. | Add +7.6% | 0.54% | +0.12 |
| SAP Sap SE-Sponsored ADR | New | 0.09% | +0.09 |
| SCHY Schwab International DVD ETF | New | 0.09% | +0.09 |
| IAU iShares Gold Trust | Add +0.8% | 0.99% | +0.08 |
| A Agilent Technologies Inc. | Add +22.5% | 0.39% | +0.07 |
| MKC McCormick & Co.-Non VTG SHRS | Add +139.9% | 0.15% | +0.07 |
| GEM Goldman Sachs Activebeta Em | Add +129.6% | 0.11% | +0.06 |
| VLO Valero Energy Corp. | Add +0.0% | 0.40% | +0.06 |
| AVAV Aerovironment Inc. | New | 0.06% | +0.06 |
| HSY The Hershey Co. | Add +2.5% | 0.85% | +0.05 |
| AMRZ Amrize Ltd. | New | 0.05% | +0.05 |
| GSSC Goldman Sachs Activebeta US | New | 0.05% | +0.05 |
| FXAIX Fidelity 500 Index Fund | Add +79.6% | 0.10% | +0.05 |
| INTC Intel Corp. | New | 0.04% | +0.04 |
| CBRE CBRE Group Inc. Class A | New | 0.04% | +0.04 |
| GLW Corning Inc. | New | 0.04% | +0.04 |
| XLE SS Energy Select Sector | New | 0.04% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +12.2% | 0.60% | +0.04 |
| PEP Pepsico Inc. | Add +4.6% | 1.04% | +0.03 |
| FNPFX Amer FNDS New Perspect-F3 | Add +34.0% | 0.12% | +0.03 |
| MOAT Vaneck Morningstar Wide Moat | Add +4.7% | 1.14% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.4% | 0.16% | +0.03 |
| FTI Technipfmc PLC | Add +15.4% | 0.14% | +0.03 |
| MOTI Vaneck Mstar Int Moat ETF | Add +14.4% | 0.21% | +0.02 |
| MDT Medtronic PLC | Add +0.2% | 1.73% | +0.02 |
| EQT Eqt Corp. | Add +60.2% | 0.07% | +0.02 |
| BA The Boeing Co. | Add +7.2% | 0.84% | +0.02 |
| BCD Abrdn Bloomberg All Commodit | Add +8.4% | 0.42% | +0.02 |
| LEN Lennar Corp. Class A | Add +0.0% | 0.31% | +0.02 |
| CAT Caterpillar Inc. | Add +0.1% | 0.13% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +5.2% | 0.10% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +11.8% | 0.26% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +1.4% | 1.04% | +0.01 |
| COLB Columbia Banking System Inc. | Add +1.1% | 0.26% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | Add +1.6% | 0.71% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +5.5% | 0.09% | +0.01 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.1% | 0.14% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +5.3% | 0.12% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.11% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.0% | 0.08% | +0.00 |
| GBX Greenbrier Companies Inc. | Add +8.0% | 0.12% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +0.0% | 0.06% | 0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.1% | 0.21% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +2.3% | 0.05% | −0.00 |
Notes & Other Activity Q2 2025 → Q3 2025
| US BANCORP (USB F PERP B*) | COM | Add +0.0% | 36,517 | $715K |
| DUKE ENERGY CORP (DUK 5.75 PERP A) | Common Stock | Reduce -2.4% | 20,550 | $514K |
| CHARLES SCHWAB CORP (SCHW 5.95 PERP D) | Common Stock | Add +0.6% | 16,503 | $413K |
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 |