Latest Mechanics Financial Corp Stock Portfolio
Mechanics Financial Corp Performance:
2024 Q4: -1.09%YTD: 0.87%2023: 16.51%
Performance for 2024 Q4 is -1.09%, and YTD is 0.87%, and 2023 is 16.51%.
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 $222.6 Millions as of 31 Dec, 2024.
The top stock holdings of Mechanics Financial Corp are GRC, AAPL, IJR. The fund has invested 17.2% of it's portfolio in GORMAN RUPP CO COM and 6.7% of portfolio in APPLE INC COM.
The fund managers got completely rid off BLACKROCK INC COM (BLK), ISHARES TR 1-3 YR TR BD ETF (IJR) and SPDR GOLD TR ETF (GLD) stocks. They significantly reduced their stock positions in INVESCO EXCHNG TRADED FD TR SR LN ETF (BAB), ISHARES BARCLAYS CORE GNMA BOND ETF (AMPS) and CVS HEALTH CORP COM (CVS). Mechanics Financial Corp opened new stock positions in PNC FINL SVCS GROUP INC COM (PNC), SPDR SERIES TRUST DIVIDEND ETF (BIL) and SCHWAB STRATEGIC TRUST US DIVIDEND EQUITY ETF (FNDA). The fund showed a lot of confidence in some stocks as they added substantially to CINCINNATI FINL CORP COM (CINF), RTX CORP (RTX) and INVESCO QQQ TRUST SERIES 1 INVSC SRS ETF (QQQ).
The top stock holdings of Mechanics Financial Corp are GRC, AAPL, IJR. The fund has invested 17.2% of it's portfolio in GORMAN RUPP CO COM and 6.7% of portfolio in APPLE INC COM.
The fund managers got completely rid off BLACKROCK INC COM (BLK), ISHARES TR 1-3 YR TR BD ETF (IJR) and SPDR GOLD TR ETF (GLD) stocks. They significantly reduced their stock positions in INVESCO EXCHNG TRADED FD TR SR LN ETF (BAB), ISHARES BARCLAYS CORE GNMA BOND ETF (AMPS) and CVS HEALTH CORP COM (CVS). Mechanics Financial Corp opened new stock positions in PNC FINL SVCS GROUP INC COM (PNC), SPDR SERIES TRUST DIVIDEND ETF (BIL) and SCHWAB STRATEGIC TRUST US DIVIDEND EQUITY ETF (FNDA). The fund showed a lot of confidence in some stocks as they added substantially to CINCINNATI FINL CORP COM (CINF), RTX CORP (RTX) and INVESCO QQQ TRUST SERIES 1 INVSC SRS ETF (QQQ).
Mechanics Financial Corp Annual Return Estimates Vs S&P 500
Our best estimate is that Mechanics Financial Corp made a return of -1.09% in the last quarter. In trailing 12 months, it's portfolio return was 0.87%.
New Buys
| Ticker | $ Bought |
|---|---|
| pnc finl svcs group inc com | 540,944 |
| spdr series trust dividend etf | 132,100 |
| schwab strategic trust us dividend equity etf | 105,401 |
| nuveen quality municipal income fund | 99,110 |
| first trust water etf | 91,845 |
| eaton vance national municipal opportunities trust | 82,300 |
| goldman sachs group i | 81,885 |
| vanguard group, inc. small cap value etf | 79,272 |
New stocks bought by Mechanics Financial Corp
Additions
| Ticker | % Inc. |
|---|---|
| cincinnati finl corp com | 647 |
| rtx corp | 360 |
| invesco qqq trust series 1 invsc srs etf | 222 |
| azenta inc | 100 |
| palo alto networks inc | 97.79 |
| qualcomm inc com | 46.67 |
| vanguard short term treasury index fund | 34.06 |
| spdr barclays st corp bd etf | 12.61 |
Additions to existing portfolio by Mechanics Financial Corp
Reductions
| Ticker | % Reduced |
|---|---|
| invesco exchng traded fd tr sr ln etf | -79.93 |
| ishares barclays core gnma bond etf | -65.98 |
| cvs health corp com | -54.22 |
| general mtrs co com | -52.08 |
| honeywell intl inc com | -42.96 |
| ishares interm cr bd etf | -42.3 |
| lilly eli & co com | -39.39 |
| cyberark software ltd adr | -38.46 |
Mechanics Financial Corp reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| blackrock inc com | -1,848,700 |
| invesco municipal trust | -18,119 |
| eaton vance municipal bond fund closed end | -17,700 |
| nuveen municipal credit income fund closed end | -20,541 |
| at&t inc com | -32,340 |
| ishares tr 1-3 yr tr bd etf | -94,126 |
| smart global holdings inc | -20,950 |
| b2gold corp adr | -3,080 |
Mechanics Financial Corp got rid off the above stocks
Sector Distribution
Mechanics Financial Corp has about 30.2% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 30.2 |
| Industrials | 23.8 |
| Technology | 16.7 |
| Healthcare | 6.1 |
| Financial Services | 6.1 |
| Consumer Cyclical | 5.3 |
| Communication Services | 3.8 |
| Consumer Defensive | 3.3 |
| Energy | 1.5 |
| Utilities | 1.3 |
| Basic Materials | 1.1 |
Market Cap. Distribution
Mechanics Financial Corp has about 52.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 31.3 |
| UNALLOCATED | 30.2 |
| LARGE-CAP | 21 |
| SMALL-CAP | 17.3 |
Stocks belong to which Index?
About 69% of the stocks held by Mechanics Financial Corp either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 51.7 |
| Others | 31 |
| RUSSELL 2000 | 17.3 |
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 228 stocks in it's portfolio. About 50.8% of the portfolio is in top 10 stocks. PANW 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: 12 Feb, 2025| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc com | 6.66 | 59,220 | 14,829,900 | reduced | -0.33 | ||
| AAXJ | ishares national muni bond etf | 0.03 | 643 | 68,512 | unchanged | 0.00 | ||
| AAXJ | ishares interm cr bd etf | 0.02 | 764 | 39,354 | reduced | -42.3 | ||
| ABBV | abbvie inc com | 0.66 | 8,298 | 1,474,560 | reduced | -2.95 | ||
| ABT | abbott labs com | 0.22 | 4,225 | 477,890 | reduced | -6.79 | ||
| ACN | accenture plc ireland adr | 0.50 | 3,141 | 1,104,970 | reduced | -0.32 | ||
| ACSG | dbx etf tr xtrak msci eafe | 0.03 | 1,633 | 67,606 | unchanged | 0.00 | ||
| ADBE | adobe sys inc com | 0.54 | 2,710 | 1,205,080 | added | 0.07 | ||
| ADP | automatic data processing incom | 0.13 | 1,000 | 292,730 | unchanged | 0.00 | ||
| AEP | american elec pwr co inc com | 0.10 | 2,450 | 225,964 | unchanged | 0.00 | ||
| AFL | aflac inc com | 0.09 | 2,000 | 206,880 | unchanged | 0.00 | ||
| ALL | allstate corp com | 0.15 | 1,725 | 332,563 | unchanged | 0.00 | ||
| AMAT | applied materials inc material corp common | 0.33 | 4,540 | 738,340 | reduced | -0.33 | ||
| AMGN | amgen inc com | 0.48 | 4,087 | 1,065,240 | unchanged | 0.00 | ||
| AMP | ameriprise finl inc com | 0.01 | 55.00 | 29,284 | unchanged | 0.00 | ||
| AMPS | ishares barclays core gnma bond etf | 0.01 | 462 | 19,834 | reduced | -65.98 | ||
| AMZN | amazon com inc com | 1.76 | 17,867 | 3,919,840 | reduced | -0.95 | ||
| APD | air prods & chems inc com | 0.41 | 3,122 | 905,505 | unchanged | 0.00 | ||
| ARKF | ark etf tr innovation etf | 0.00 | 50.00 | 2,839 | unchanged | 0.00 | ||
| AVGO | broadcom inc. | 0.21 | 2,008 | 465,535 | reduced | -0.99 | ||