Mechanics Bank Trust Department

Bank

CIK

1439743

Location

Walnut Creek, CA

Portfolio Value

Small $477,905,389

Diversification

Diversified

Filing Date

Global Rank

#2,384 / 8,232 ▲ 32

Top Industry

Software - Infrastructure 8.8%

3Y Alpha vs SPY

-4.5%

Period ended 2 months ago

Filed Apr 9, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+57.4%

SPY

+76.3%

Annualised alpha

-4.5%

Max drawdown

−16.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

132 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.6%

−2.0 pts

Top 5

33.8%

−3.4 pts

Top 10

48.6%

−2.1 pts

HHI

327

Diversified−41

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.5%	$107,511,612	19
Financial Services	16.9%	$80,539,293	19
Unclassified	14.0%	$66,702,582	5
Healthcare	9.2%	$44,077,872	17
Consumer Defensive	8.7%	$41,790,853	11
Consumer Cyclical	8.1%	$38,695,534	12
Communication Services	7.7%	$36,694,542	6
Energy	5.4%	$25,784,209	6
Industrials	5.2%	$24,978,032	22
Utilities	1.2%	$5,682,460	6
Real Estate	0.8%	$3,694,741	6
Basic Materials	0.4%	$1,753,659	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
MTG	Mgic Investment Corp	+3,445	12,045	$316,181
NVDA	Nvidia Corp	+3,347	80,027	$13,956,708
JPM	Jpmorgan Chase & Co	+1,640	39,391	$11,587,256
ABBV	AbbVie Inc.	+1,273	14,536	$3,161,433
INTC	Intel Corp	+1,250	12,636	$557,626
SPY	Spdr S&P 500 ETF Trust	+978	56,180	$36,536,100
WM	Waste Management Inc	+590	9,658	$2,219,311
BSX	Boston Scientific Corp	+514	4,615	$289,591
GLD	Spdr Gold Trust	+478	3,612	$1,554,207
PSA	Public Storage	+455	1,715	$464,559
IRM	Iron Mountain Inc	+444	9,273	$947,144
AVGO	Broadcom Inc.	+435	18,398	$5,694,364
APH	Amphenol Corp /De/	+430	22,971	$2,902,385
TRV	Travelers Companies, Inc.	+400	2,300	$670,864
MSFT	Microsoft Corp	+101	71,728	$26,551,553
FERG	Ferguson Enterprises Inc. /DE/	+89	1,057	$246,555
GS	Goldman Sachs Group Inc	+84	3,810	$3,223,221
MCK	Mckesson Corp	+80	4,524	$3,914,888
KLAC	Kla Corp	+42	1,441	$2,121,742
BLK	BlackRock, Inc.	+42	3,626	$3,487,159
ETN	Eaton Corp plc	+30	895	$320,114
PGR	Progressive Corp/Oh/	+15	1,774	$351,677
CSCO	Cisco Systems, Inc.	+13	51,648	$4,007,368
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MCHB	Mechanics Bancorp	−1,121,270	2,301,961	$33,953,924
KO	Coca Cola Co	−6,497	40,991	$3,117,364
PAYX	Paychex Inc	−4,720	9,145	$842,437
ENB	Enbridge Inc	−4,031	39,961	$2,163,487
BMY	Bristol Myers Squibb Co	−4,031	26,486	$1,606,375
ABT	Abbott Laboratories	−3,690	52,010	$5,339,866
XOM	Exxon Mobil Corp	−3,367	82,345	$13,970,651
CVX	Chevron Corp	−3,309	36,788	$7,611,437
NFLX	Netflix Inc	−3,223	22,519	$2,165,201
PG	PROCTER & GAMBLE Co	−2,709	32,473	$4,690,399
GOOGL	Alphabet Inc.	−2,569	109,911	$31,606,006
MO	Altria Group, Inc.	−2,555	33,046	$2,180,704
ADP	Automatic Data Processing Inc	−2,526	17,316	$3,518,264
MRSH	Marsh & Mclennan Companies, Inc.	−2,311	12,722	$2,206,630
MCD	Mcdonalds Corp	−2,214	25,418	$7,899,659
TGT	Target Corp	−2,100	4,966	$601,879
CMCSA	Comcast Corp	−2,047	8,743	$251,011
PFE	Pfizer Inc	−1,934	43,415	$1,219,093
AVB	Avalonbay Communities Inc	−1,907	8,320	$1,359,071
WMT	Walmart Inc.	−1,886	62,800	$7,804,783
PEP	Pepsico Inc	−1,775	21,178	$3,288,731
JNJ	Johnson & Johnson	−1,603	37,710	$9,217,831
MRK	Merck & Co., Inc.	−1,515	32,423	$3,900,162
DIA	Spdr Dow Jones Industrial Average ETF Trust	−1,225	14,498	$6,715,328
SO	Southern Co	−1,187	21,915	$2,115,235
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
L	Loews Corp	3,000	$320,220
URI	United Rentals, Inc.	367	$267,381
VLO	Valero Energy Corp/Tx	1,035	$255,727
CB	Chubb Ltd	730	$237,928
VZ	Verizon Communications Inc	4,738	$237,846
BKR	Baker Hughes Co	3,550	$216,727
PH	Parker-Hannifin Corp	233	$208,590
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
INTU	Intuit Inc.	813	$538,546
TMUS	T-Mobile US, Inc.	1,822	$369,938
CRM	Salesforce, Inc.	1,290	$341,733
COF	Capital One Financial Corp	1,100	$266,596
SYY	Sysco Corp	2,999	$220,996
BA	Boeing Co	1,004	$217,988
BRO	Brown & Brown, Inc.	2,715	$216,385
A	Agilent Technologies, Inc.	1,500	$204,105
DBC	Invesco DB Commodity Index Tracking Fund	9,100	$203,476
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

132 positions · $477,905,389 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 132 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	56,180	+978	$36,536,100	−2.9%	7.65%
MCHB	Mechanics Bancorp Financial Services	Reduced	2,301,961	-1,121,270	$33,953,924	−32.2%	7.10%
AAPL	Apple Inc. Technology	Reduced	129,597	-183	$32,890,422	−6.8%	6.88%
GOOGL	Alphabet Inc. Communication Services	Reduced	109,911	-2,569	$31,606,006	−10.2%	6.61%
MSFT	Microsoft Corp Technology	Added	71,728	+101	$26,551,553	−23.4%	5.56%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	16,259	-148	$16,200,954	+14.5%	3.39%
QQQ	Invesco Qqq Trust, Series 1	Reduced	25,833	-219	$14,910,290	−6.8%	3.12%
XOM	Exxon Mobil Corp Energy	Reduced	82,345	-3,367	$13,970,651	+35.4%	2.92%
NVDA	Nvidia Corp Technology	Added	80,027	+3,347	$13,956,708	−2.4%	2.92%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	55,701	-866	$11,600,847	−11.2%	2.43%
JPM	Jpmorgan Chase & Co Financial Services	Added	39,391	+1,640	$11,587,256	−4.7%	2.42%
JNJ	Johnson & Johnson Healthcare	Reduced	37,710	-1,603	$9,217,831	+13.3%	1.93%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	19,083	-41	$9,144,573	−4.9%	1.91%
V	Visa Inc. Financial Services	Reduced	30,146	-765	$9,111,326	−16.0%	1.91%
ORCL	Oracle Corp Technology	Reduced	56,560	-604	$8,320,541	−25.3%	1.74%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	25,418	-2,214	$7,899,659	−6.5%	1.65%
WMT	Walmart Inc. Consumer Defensive	Reduced	62,800	-1,886	$7,804,783	+8.3%	1.63%
CVX	Chevron Corp Energy	Reduced	36,788	-3,309	$7,611,437	+24.5%	1.59%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	11,328	-214	$6,986,657	+0.3%	1.46%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	14,498	-1,225	$6,715,328	−11.1%	1.41%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	20,403	-284	$6,710,342	−5.7%	1.40%
AVGO	Broadcom Inc. Technology	Added	18,398	+435	$5,694,364	−8.4%	1.19%
ABT	Abbott Laboratories Healthcare	Reduced	52,010	-3,690	$5,339,866	−23.5%	1.12%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	24,169	-133	$5,235,730	+19.6%	1.10%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	32,473	-2,709	$4,690,399	−7.0%	0.98%
LLY	ELI LILLY & Co Healthcare	Reduced	4,934	-1	$4,538,144	−14.4%	0.95%
RSG	Republic Services, Inc. Industrials	Reduced	19,774	-572	$4,330,900	+0.4%	0.91%
CSCO	Cisco Systems, Inc. Technology	Added	51,648	+13	$4,007,368	+0.8%	0.84%
MCK	Mckesson Corp Healthcare	Added	4,524	+80	$3,914,888	+7.4%	0.82%
MRK	Merck & Co., Inc. Healthcare	Reduced	32,423	-1,515	$3,900,162	+9.2%	0.82%
PWR	Quanta Services, Inc. Industrials	Reduced	6,692	-256	$3,674,041	+25.3%	0.77%
ADP	Automatic Data Processing Inc Technology	Reduced	17,316	-2,526	$3,518,264	−31.1%	0.74%
BLK	BlackRock, Inc. Financial Services	Added	3,626	+42	$3,487,159	−9.1%	0.73%
PEP	Pepsico Inc Consumer Defensive	Reduced	21,178	-1,775	$3,288,731	−0.2%	0.69%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	13,831	-549	$3,267,988	−5.8%	0.68%
GS	Goldman Sachs Group Inc Financial Services	Added	3,810	+84	$3,223,221	−1.6%	0.67%
ABBV	AbbVie Inc. Healthcare	Added	14,536	+1,273	$3,161,433	+4.3%	0.66%
KO	Coca Cola Co Consumer Defensive	Reduced	40,991	-6,497	$3,117,364	−6.1%	0.65%
APH	Amphenol Corp /De/ Technology	Added	22,971	+430	$2,902,385	−4.7%	0.61%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	16,715	-821	$2,763,657	−1.7%	0.58%
HON	Honeywell International Inc Industrials	Reduced	12,112	-954	$2,737,674	+7.4%	0.57%
SYK	Stryker Corp Healthcare	Reduced	7,945	-597	$2,610,646	−13.0%	0.55%
WM	Waste Management Inc Industrials	Added	9,658	+590	$2,219,311	+11.4%	0.46%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Reduced	12,722	-2,311	$2,206,630	−20.9%	0.46%
MO	Altria Group, Inc. Consumer Defensive	Reduced	33,046	-2,555	$2,180,704	+6.2%	0.46%
NFLX	Netflix Inc Communication Services	Reduced	22,519	-3,223	$2,165,201	−10.3%	0.45%
ENB	Enbridge Inc Energy	Reduced	39,961	-4,031	$2,163,487	+2.8%	0.45%
KLAC	Kla Corp Technology	Added	1,441	+42	$2,121,742	+24.8%	0.44%
SO	Southern Co Utilities	Reduced	21,915	-1,187	$2,115,235	+5.0%	0.44%
MA	Mastercard Inc Financial Services	Reduced	4,231	-138	$2,114,060	−15.2%	0.44%