Mechanics Financial Corp
Long book
$238.7M
Q1 2026
Positions
232
Top-10 weight
45%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
8%
of book per quarter
Strategy in plain words
auto-generated from filingsMechanics Financial Corp is an institutional manager, running a $238.7M US long book across 232 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: GORMAN-RUPP CO, ISHARES CORE S&P MIDCAP ETF, APPLE INC, ISHARES CORE MSCI EAFE ETF, ISHARES MSCI EAFE ETF.
Over the last 9 quarters its long book ran on average 0.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.8%
Q2 2024
+6.8%
Q3 2024
-0.7%
Q4 2024
-3.4%
Q1 2025
+7.0%
Q2 2025
+11.1%
Q3 2025
+2.8%
Q4 2025
+3.8%
Q1 2026
+13.9%
Sector allocation
Technology 34%
Industrials 23%
Financials 11%
Healthcare 9%
Consumer discretionary 6%
Services media 4%
Utilities 3%
Other 3%
Long book by quarter
What does Mechanics Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| GRC GORMAN-RUPP CO | Industrials | 1.0M | $18.2M | 7.6% | Held |
| AAPL APPLE INC | Technology | 56.9K | $14.4M | 6.1% | -1.6% |
| JPM JPMORGAN CHASE & CO | Financials | 23.7K | $7.0M | 2.9% | +1.2% |
| MSFT MICROSOFT CORP | Technology | 16.8K | $6.2M | 2.6% | +0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 20.0K | $5.8M | 2.4% | -1.0% |
| NVDA NVIDIA CORP | Technology | 29.5K | $5.1M | 2.2% | -2.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 16.6K | $3.5M | 1.4% | -2.9% |
| JNJ JOHNSON & JOHNSON | Healthcare | 14.1K | $3.5M | 1.4% | -2.1% |
| GD GENERAL DYNAMICS CORP | Industrials | 8.5K | $2.9M | 1.2% | -0.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 17.0K | $2.5M | 1.0% | -1.5% |
| LLY ELI LILLY & CO | Healthcare | 2.6K | $2.4M | 1.0% | +0.8% |
| GOOG ALPHABET INC-CL C | Technology | 8.3K | $2.4M | 1.0% | -1.3% |
| HUBB HUBBELL INC | Technology | 4.7K | $2.3M | 1.0% | -2.7% |
| CVX CHEVRON CORP | Energy | 10.2K | $2.1M | 0.9% | -11.3% |
| AVGO BROADCOM INC | Technology | 6.8K | $2.1M | 0.9% | +9.7% |
| CAT CATERPILLAR INC | Industrials | 2.9K | $2.1M | 0.9% | Held |
| V VISA INC-CLASS A SHARES | Services media | 6.5K | $2.0M | 0.8% | -5.7% |
| PEP PEPSICO INC | Consumer staples | 12.1K | $1.9M | 0.8% | -5.5% |
| ABBV ABBVIE INC | Healthcare | 8.4K | $1.8M | 0.8% | -0.4% |
| BLK BLACKROCK INC | Financials | 1.9K | $1.8M | 0.7% | -2.3% |
| CSCO CISCO SYSTEMS INC | Technology | 22.7K | $1.8M | 0.7% | -0.4% |
| NEE NEXTERA ENERGY INC | Utilities | 18.9K | $1.8M | 0.7% | +0.8% |
| ORCL ORACLE CORP | Technology | 11.7K | $1.7M | 0.7% | +0.5% |
| TSLA TESLA INC | Industrials | 4.6K | $1.7M | 0.7% | -4.1% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 3.3K | $1.6M | 0.7% | +1.1% |
| RTX RTX CORP | Industrials | 8.2K | $1.6M | 0.7% | -9.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 5.0K | $1.6M | 0.7% | -3.6% |
| AMGN AMGEN INC | Healthcare | 4.4K | $1.5M | 0.6% | -4.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.9K | $1.4M | 0.6% | +1.5% |
| DE DEERE & CO | Industrials | 2.4K | $1.3M | 0.6% | -1.9% |
| MRK MERCK & CO. INC. | Healthcare | 10.6K | $1.3M | 0.5% | +1.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.6K | $1.3M | 0.5% | +1.3% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 3.6K | $1.2M | 0.5% | -10.0% |
| CDNS CADENCE DESIGN SYS INC | Technology | 4.1K | $1.1M | 0.5% | -8.4% |
| CMI CUMMINS INC | Industrials | 2.1K | $1.1M | 0.5% | -3.6% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 5.3K | $1.1M | 0.5% | +3.1% |
| EMR EMERSON ELECTRIC CO | Industrials | 8.3K | $1.1M | 0.5% | -0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 1.9K | $1.1M | 0.4% | +3.0% |
| MS MORGAN STANLEY | Financials | 6.2K | $1.0M | 0.4% | -7.3% |
| LMT LOCKHEED MARTIN CORP | Industrials | 1.7K | $1.0M | 0.4% | Held |
| WMT WALMART INC | Consumer discretionary | 8.0K | $998K | 0.4% | -3.9% |
| LOW LOWE'S COS INC | Consumer discretionary | 4.1K | $979K | 0.4% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 3.0K | $976K | 0.4% | -2.5% |
| ETN EATON CORP PLC | Industrials | 2.7K | $974K | 0.4% | +42.8% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 5.7K | $892K | 0.4% | -7.6% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 3.1K | $892K | 0.4% | -1.4% |
| DIS WALT DISNEY CO/THE | Services media | 9.1K | $879K | 0.4% | -7.8% |
| PANW PALO ALTO NETWORKS INC | Technology | 5.5K | $878K | 0.4% | -5.2% |
| DUK DUKE ENERGY CORP | Utilities | 6.6K | $865K | 0.4% | +1.1% |
| ABT ABBOTT LABORATORIES | Healthcare | 8.4K | $863K | 0.4% | +2.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 232 | $238.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 22, 2026 | 233 | $270.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 240 | $264.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 21, 2025 | 239 | $235.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 2, 2025 | 245 | $220.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 12, 2025 | 230 | $222.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 6, 2024 | 239 | $228.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 221 | $194.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 3, 2024 | 220 | $192.2M | canonical | SEC ↗ |
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