Stock Ideas
Stocks
Funds
Screener
Sectors
Watchlists

Latest Mechanics Financial Corp Stock Portfolio

$194Million– No. of Holdings #220

Mechanics Financial Corp Performance:
2024 Q2: -2.34%YTD: -2.89%2023: 16.49%

Performance for 2024 Q2 is -2.34%, and YTD is -2.89%, and 2023 is 16.49%.

About Mechanics Financial Corp and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Mechanics Financial Corp reported an equity portfolio of $194.7 Millions as of 30 Jun, 2024.

The top stock holdings of Mechanics Financial Corp are GRC, AGG, AAPL. The fund has invested 9.3% of it's portfolio in GORMAN RUPP CO COM and 7.3% of portfolio in ISHARES CORE S&P MID CAP ETF.

The fund managers got completely rid off ROYAL GOLD INC COM (RGLD), NEWMONT CORP COM (NEM) and SANDSTORM GOLD LTD ADR (SAND) stocks. They significantly reduced their stock positions in CITIGROUP INC COM NEW (C), MID-AMERICA APARTMENT COMMUNITIES INC (MAA) and PIMCO 0-5YR HIGH YLD CORP BD INDEX ETF (BOND). Mechanics Financial Corp opened new stock positions in PALO ALTO NETWORKS INC (PANW), UBER TECHNOLOGIES INC (UBER) and SPDR GOLD TR ETF (GLD). The fund showed a lot of confidence in some stocks as they added substantially to FRANCO NEVADA CORP ADR (FNV), EQUINIX INC (EQIX) and NVIDIA CORPORATION COM (NVDA).
Mechanics Financial Corp Equity Portfolio Value
Last Reported on: 01 Aug, 2024

Mechanics Financial Corp Annual Return Estimates Vs S&P 500

Our best estimate is that Mechanics Financial Corp made a return of -2.34% in the last quarter. In trailing 12 months, it's portfolio return was 3.25%.

New Buys

Ticker$ Bought
palo alto networks inc730,906
uber technologies inc708,412
spdr gold tr etf360,787
tesla inc com118,728
abrdn platinum etf trust91,470
vanguard index fds s&p 500 etf shs63,016
vanguard group, inc. small cap growth etf53,778
grayscale bitcoin tr btc shs53,240

New stocks bought by Mechanics Financial Corp

Additions

Ticker% Inc.
franco nevada corp adr150
equinix inc100
nvidia corporation com91.08
broadcom inc.82.00
prologis inc68.36
ishares tr core msci eafe43.31
autodesk inc com40.00
spdr portfolio high yield bond etf32.43

Additions to existing portfolio by Mechanics Financial Corp

Reductions

Ticker% Reduced
citigroup inc com new-94.32
mid-america apartment communities inc-87.85
pimco 0-5yr high yld corp bd index etf-74.36
hasbro inc com-73.08
texas instrs inc com-58.23
cvs health corp com-49.02
3m co com-42.31
ishares msci emg mkt etf-32.79

Mechanics Financial Corp reduced stake in above stock

Sold off

Ticker$ Sold
sandstorm gold ltd adr-10,500
b2gold corp com adr-2,610
newmont corp com-10,752
pan american silver corp adr-2,398
pimco enhanced short maturity active etf-10,054
royal gold inc com-12,181
ishares core 1-5 year usd bond etf-4,649
zimmer biomet holdings inc com-9,899

Mechanics Financial Corp got rid off the above stocks

Sector Distribution

Mechanics Financial Corp has about 32.4% of it's holdings in Others sector.

Sector%
Others32.4
Technology18.1
Industrials16.9
Healthcare7.9
Financial Services6.5
Consumer Cyclical5.1
Communication Services4.4
Consumer Defensive3.6
Energy1.6
Utilities1.4
Basic Materials1.3

Market Cap. Distribution

Mechanics Financial Corp has about 57.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category%
UNALLOCATED32.4
MEGA-CAP31.4
LARGE-CAP26.5
SMALL-CAP9.3

Stocks belong to which Index?

About 66.8% of the stocks held by Mechanics Financial Corp either belong to S&P 500 or RUSSELL 2000 index.

Index%
S&P 50057.4
Others33.2
RUSSELL 20009.4
Top 5 Winners (%)%
AAPL
apple inc com
22.6 %
KD
kyndryl holdings inc corp common
21.1 %
GOOG
alphabet inc cap stk cl a
20.5 %
GOOG
alphabet inc cap stk cl c
20.4 %
AVGO
broadcom inc.
20.4 %
Top 5 Winners ($)$
AAPL
apple inc com
2.5 M
GOOG
alphabet inc cap stk cl a
0.7 M
MSFT
microsoft corp com
0.5 M
GOOG
alphabet inc cap stk cl c
0.3 M
AGG
ishares core s&p 500 etf
0.2 M
Top 5 Losers (%)%
NVDA
nvidia corporation com
-73.3 %
INTC
intel corp com
-29.9 %
CVS
cvs health corp com
-24.9 %
BMY
bristol myers squibb co com
-23.4 %
FND
floor & decor
-23.3 %
Top 5 Losers ($)$
NVDA
nvidia corporation com
-4.9 M
GRC
gorman rupp co com
-1.4 M
AGG
ishares core s&p mid cap etf
-0.5 M
DIS
disney walt co com disney
-0.3 M
HUBB
hubbell inc com
-0.2 M

Mechanics Financial Corp Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Mechanics Financial Corp

Mechanics Financial Corp has 220 stocks in it's portfolio. About 46.1% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for Mechanics Financial Corp last quarter.

Last Reported on: 01 Aug, 2024
TickerNamesorted ascending% PortfolioShares Held$ ValueType% ChangeOptions