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MBTD

Mechanics Bank - Trust Department Portfolio holdings

AUM $808M
1-Year Est. Return 23.44%
This Fund
S&P 500
This Quarter Est. Return
+6.94%
1 Year Est. Return
+23.44%
3 Year Est. Return
+67.21%
5 Year Est. Return
+81.72%
10 Year Est. Return
+291.52%
AUM
$610M
AUM Growth
+$29M
Cap. Flow
-$8.43M
Cap. Flow %
-1.38%
Top 10 Hldgs %
33.91%
Holding
178
New
5
Increased
41
Reduced
100
Closed
3

Top Buys

Rank Stock Value
1
USHY icon
iShares Broad USD High Yield Corporate Bond ETF
USHY
+$5.91M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$2.06M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$1.59M
4
LOGI icon
Logitech
LOGI
+$959K
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$936K

Top Sells

Rank Stock Value
1
PSK icon
State Street SPDR ICE Preferred Securities ETF
PSK
+$5.66M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$1.35M
3
USMV icon
iShares MSCI USA Min Vol Factor ETF
USMV
+$1.21M
4
MSFT icon
Microsoft
MSFT
+$1.18M
5
CLX icon
Clorox
CLX
+$752K

Sector Composition

Rank Sector Weight
1 Technology 13.73%
2 Healthcare 10.1%
3 Consumer Staples 7.47%
4 Consumer Discretionary 6.77%
5 Financials 5.73%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PFF icon
176
iShares Preferred and Income Securities ETF
PFF
$13.3B
– –
-8,705
Closed -$334K
PSK icon
177
State Street SPDR ICE Preferred Securities ETF
PSK
$683M
– –
-130,388
Closed -$5.66M
ZBH icon
178
Zimmer Biomet
ZBH
$18.7B
– –
-1,432
Closed -$222K
4 5 6 7
8

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Mechanics Bank - Trust Department's Q2 2021 Portfolio in Review

As of Q2 2021, Mechanics Bank - Trust Department held 178 positions worth $610M, up 5% from $581M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Trading was light in Q2 2021: portfolio turnover was 4.5%. Mechanics Bank - Trust Department opened 5 new positions and exited 3, leaving the 178-position portfolio largely intact.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Healthcare and Consumer Staples.

  • Mechanics Bank - Trust Department's largest Q2 2021 buy was iShares Broad USD High Yield Corporate Bond ETF: 143,040 shares worth $5.97M.
  • Mechanics Bank - Trust Department added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2021, an estimated $2.06M increase.
  • Mechanics Bank - Trust Department's biggest Q2 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.35M.
  • Mechanics Bank - Trust Department fully exited State Street SPDR ICE Preferred Securities ETF in Q2 2021, selling an estimated $5.66M.
  • Mechanics Bank - Trust Department's ten largest holdings make up 34% of its $610M portfolio in Q2 2021.
  • Mechanics Bank - Trust Department opened 5 new positions and closed 3 in Q2 2021.
  • Mechanics Bank - Trust Department's portfolio value rose 5% quarter-over-quarter to $610M.

Based on Mechanics Bank - Trust Department's 13F filing for Q2 2021, filed 29 Jul 2021.