Mechanics Bank - Trust Department Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$5.4M |
| 2 |
State Street SPDR ICE Preferred Securities ETF
PSK
|
+$3.04M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$1.36M |
| 4 |
Apple
AAPL
|
+$1.35M |
| 5 |
Microsoft
MSFT
|
+$1.32M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Preferred and Income Securities ETF
PFF
|
+$5.51M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$787K |
| 3 |
McDonald's
MCD
|
+$392K |
| 4 |
Merck
MRK
|
+$383K |
| 5 |
Philip Morris
PM
|
+$373K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.52% |
| 2 | Technology | 9.93% |
| 3 | Consumer Staples | 8.38% |
| 4 | Consumer Discretionary | 6.54% |
| 5 | Communication Services | 5.54% |
Similar funds
Mechanics Bank - Trust Department's Q3 2019 Portfolio in Review
As of Q3 2019, Mechanics Bank - Trust Department held 229 positions worth $498M, up 13% from $443M the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Mechanics Bank - Trust Department deployed $49.1M of net new capital in Q3 2019, opening 77 new positions and adding to 66 existing holdings. Its largest new stake was iShares MSCI USA Min Vol Factor ETF: 85,174 shares worth $5.46M.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, down from 11% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was iShares Preferred and Income Securities ETF, an estimated $5.51M trimmed.
- Mechanics Bank - Trust Department's largest Q3 2019 buy was iShares MSCI USA Min Vol Factor ETF: 85,174 shares worth $5.46M.
- Mechanics Bank - Trust Department added most to Invesco QQQ Trust in Q3 2019, an estimated $1.36M increase.
- Mechanics Bank - Trust Department's biggest Q3 2019 reduction was iShares Preferred and Income Securities ETF, cutting an estimated $5.51M.
- Mechanics Bank - Trust Department fully exited Meta Platforms (Facebook) in Q3 2019, selling an estimated $235K.
- Mechanics Bank - Trust Department's ten largest holdings make up 29% of its $498M portfolio in Q3 2019.
- Mechanics Bank - Trust Department opened 77 new positions and closed 3 in Q3 2019.
- Mechanics Bank - Trust Department's portfolio value rose 13% quarter-over-quarter to $498M.
Based on Mechanics Bank - Trust Department's 13F filing for Q3 2019, filed 18 Oct 2019.