Latest Mechanics Bank Trust Department Stock Portfolio
Mechanics Bank Trust Department Performance:
2024 Q3: 3.85%YTD: 11.62%2023: 13.3%
Performance for 2024 Q3 is 3.85%, and YTD is 11.62%, and 2023 is 13.3%.
About Mechanics Bank Trust Department and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Mechanics Bank Trust Department reported an equity portfolio of $751.2 Millions as of 30 Sep, 2024.
The top stock holdings of Mechanics Bank Trust Department are AAPL, SPY, MSFT. The fund has invested 8.4% of it's portfolio in APPLE INC and 6.1% of portfolio in SPDR S&P 500 ETF TR.
The fund managers got completely rid off ISHARES TR (AAXJ), TE CONNECTIVITY LTD (TEL) and NUCOR CORP (NUE) stocks. They significantly reduced their stock positions in VANGUARD SCOTTSDALE FDS (BNDW), INTEL CORP (INTC) and ISHARES TR (IJR). Mechanics Bank Trust Department opened new stock positions in ISHARES TR (IJR), ISHARES TR (AAXJ) and SERVISFIRST BANCSHARES INC (SFBS). The fund showed a lot of confidence in some stocks as they added substantially to CHIPOTLE MEXICAN GRILL INC (CMG), VANGUARD SPECIALIZED FUNDS (VIG) and APPLE INC (AAPL).
The top stock holdings of Mechanics Bank Trust Department are AAPL, SPY, MSFT. The fund has invested 8.4% of it's portfolio in APPLE INC and 6.1% of portfolio in SPDR S&P 500 ETF TR.
The fund managers got completely rid off ISHARES TR (AAXJ), TE CONNECTIVITY LTD (TEL) and NUCOR CORP (NUE) stocks. They significantly reduced their stock positions in VANGUARD SCOTTSDALE FDS (BNDW), INTEL CORP (INTC) and ISHARES TR (IJR). Mechanics Bank Trust Department opened new stock positions in ISHARES TR (IJR), ISHARES TR (AAXJ) and SERVISFIRST BANCSHARES INC (SFBS). The fund showed a lot of confidence in some stocks as they added substantially to CHIPOTLE MEXICAN GRILL INC (CMG), VANGUARD SPECIALIZED FUNDS (VIG) and APPLE INC (AAPL).
Mechanics Bank Trust Department Annual Return Estimates Vs S&P 500
Our best estimate is that Mechanics Bank Trust Department made a return of 3.85% in the last quarter. In trailing 12 months, it's portfolio return was 19.5%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares tr | 597,341 |
| ishares tr | 478,420 |
| servisfirst bancshares inc | 225,260 |
| goosehead ins inc | 218,159 |
| welltower inc | 211,121 |
| enerpac tool group corp | 209,910 |
| at&t inc | 209,814 |
| fair isaac corp | 206,013 |
New stocks bought by Mechanics Bank Trust Department
Additions
| Ticker | % Inc. |
|---|---|
| chipotle mexican grill inc | 147 |
| vanguard specialized funds | 94.86 |
| apple inc | 85.21 |
| ishares tr | 78.45 |
| ishares tr | 70.24 |
| global x fds | 56.74 |
| j p morgan exchange traded f | 43.7 |
| amgen inc | 39.52 |
Additions to existing portfolio by Mechanics Bank Trust Department
Reductions
| Ticker | % Reduced |
|---|---|
| vanguard scottsdale fds | -93.83 |
| intel corp | -90.58 |
| ishares tr | -75.38 |
| ishares tr | -50.00 |
| vanguard intl equity index f | -30.58 |
| cvs health corp | -26.25 |
| cbre group inc | -15.46 |
| boeing co | -13.43 |
Mechanics Bank Trust Department reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| ishares tr | -1,027,000 |
| te connectivity ltd | -224,139 |
| nucor corp | -201,552 |
Mechanics Bank Trust Department got rid off the above stocks
Sector Distribution
Mechanics Bank Trust Department has about 41.9% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 41.9 |
| Technology | 17.8 |
| Consumer Defensive | 7.4 |
| Healthcare | 7.2 |
| Consumer Cyclical | 5.9 |
| Industrials | 4.9 |
| Financial Services | 4.6 |
| Communication Services | 4.2 |
| Energy | 3.2 |
| Utilities | 1.9 |
Market Cap. Distribution
Mechanics Bank Trust Department has about 57% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 41.9 |
| MEGA-CAP | 37.6 |
| LARGE-CAP | 19.4 |
Stocks belong to which Index?
About 57.7% of the stocks held by Mechanics Bank Trust Department either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 56.6 |
| Others | 42.2 |
| RUSSELL 2000 | 1.1 |
Mechanics Bank Trust Department Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Mechanics Bank Trust Department
Mechanics Bank Trust Department has 202 stocks in it's portfolio. About 34.5% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Mechanics Bank Trust Department last quarter.
Last Reported on: 10 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.05 | 2,377 | 352,936 | unchanged | 0.00 | ||
| AAON | aaon inc | 0.05 | 3,544 | 382,184 | reduced | -0.08 | ||
| AAPL | apple inc | 8.41 | 271,007 | 63,144,600 | added | 85.21 | ||
| AAXJ | ishares tr | 0.35 | 24,553 | 2,643,130 | added | 12.98 | ||
| AAXJ | ishares tr | 0.10 | 24,765 | 748,645 | reduced | -6.99 | ||
| AAXJ | ishares tr | 0.06 | 4,000 | 478,420 | new | |||
| AAXJ | ishares tr | 0.04 | 2,720 | 327,406 | added | 2.64 | ||
| AAXJ | ishares tr | 0.02 | 10,340 | 151,894 | reduced | -6.04 | ||
| AAXJ | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABBV | abbvie inc | 0.30 | 11,447 | 2,260,550 | reduced | -0.43 | ||
| ABT | abbott labs | 1.17 | 76,984 | 8,776,940 | reduced | -2.17 | ||
| ACN | accenture plc ireland | 0.03 | 675 | 238,599 | reduced | -8.16 | ||
| ADBE | adobe inc | 0.30 | 4,294 | 2,223,350 | reduced | -1.69 | ||
| ADP | automatic data processing in | 0.86 | 23,429 | 6,483,510 | reduced | -2.83 | ||
| AEP | american elec pwr co inc | 0.04 | 2,828 | 290,152 | unchanged | 0.00 | ||
| AFK | vaneck etf trust | 0.04 | 4,103 | 309,817 | reduced | -11.82 | ||
| AGNG | global x fds | 0.09 | 16,575 | 682,227 | added | 56.74 | ||
| AMGN | amgen inc | 0.33 | 7,749 | 2,496,800 | added | 39.52 | ||
| AMLX | amplify etf tr | 0.03 | 4,215 | 252,529 | unchanged | 0.00 | ||
| AMPS | ishares tr | 0.49 | 40,309 | 3,680,610 | reduced | -2.29 | ||