Mechanics Bank Trust Department
BankCIK
1439743
Location
Walnut Creek, CA
Portfolio Value
Small
$107,511,612
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 SPYHypothetical 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, 2025Top 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 |
|---|---|---|
| Technology | 22.5% | $107,511,612 |
| Financial Services | 16.9% | $80,539,293 |
| Unclassified | 14.0% | $66,702,582 |
| Healthcare | 9.2% | $44,077,872 |
| Consumer Defensive | 8.7% | $41,790,853 |
| Consumer Cyclical | 8.1% | $38,695,534 |
| Communication Services | 7.7% | $36,694,542 |
| Energy | 5.4% | $25,784,209 |
| Industrials | 5.2% | $24,978,032 |
| Utilities | 1.2% | $5,682,460 |
| Real Estate | 0.8% | $3,694,741 |
| Basic Materials | 0.4% | $1,753,659 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
23 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
19 positions ·
$107,511,612 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 129,597 | $32,890,422 | 30.59% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 71,728 | $26,551,553 | 24.70% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 80,027 | $13,956,708 | 12.98% | |
| ORCL |
Oracle Corp
Technology
|
Reduced | 56,560 | $8,320,541 | 7.74% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 18,398 | $5,694,364 | 5.30% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 51,648 | $4,007,368 | 3.73% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Reduced | 17,316 | $3,518,264 | 3.27% | |
| APH |
Amphenol Corp /De/
Technology
|
Added | 22,971 | $2,902,385 | 2.70% | |
| KLAC |
Kla Corp
Technology
|
Added | 1,441 | $2,121,742 | 1.97% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 7,211 | $1,540,701 | 1.43% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Reduced | 9,387 | $1,504,923 | 1.40% | |
| TXN |
Texas Instruments Inc
Technology
|
Reduced | 4,625 | $897,897 | 0.84% | |
| PAYX |
Paychex Inc
Technology
|
Reduced | 9,145 | $842,437 | 0.78% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 3,280 | $795,038 | 0.74% | |
| INTC |
Intel Corp
Technology
|
Added | 12,636 | $557,626 | 0.52% | |
| ADBE |
Adobe Inc.
Technology
|
Reduced | 1,890 | $459,421 | 0.43% | |
| ADI |
Analog Devices Inc
Technology
|
Held | 1,251 | $397,993 | 0.37% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Held | 1,006 | $343,840 | 0.32% | |
| KEYS |
Keysight Technologies, Inc.
Technology
|
Reduced | 738 | $208,389 | 0.19% |