Mengis Capital Management, Inc.
Long book
$581.0M
Q1 2026
Positions
212
Top-10 weight
31%
concentration
Last quarter
+11.8%
SPY +14.8%
Turnover
6%
of book per quarter
Strategy in plain words
auto-generated from filingsMengis Capital Management, Inc. is an institutional manager, running a $581.0M US long book across 212 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: APPLE INC, MICROSOFT CORP, CHEVRON CORP, ALPHABET INC-CL C, JPMORGAN CHASE & CO.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 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
+0.2%
Q2 2024
+4.7%
Q3 2024
-1.1%
Q4 2024
-1.3%
Q1 2025
+6.8%
Q2 2025
+6.3%
Q3 2025
+5.2%
Q4 2025
+1.8%
Q1 2026
+11.8%
Sector allocation
Technology 28%
Industrials 23%
Healthcare 13%
Energy 9%
Financials 8%
Consumer discretionary 6%
Consumer staples 6%
Other 4%
Long book by quarter
What does Mengis Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 141.8K | $36.0M | 6.2% | 0.0% |
| MSFT MICROSOFT CORP | Technology | 63.8K | $23.6M | 4.1% | +2.1% |
| CVX CHEVRON CORP | Energy | 98.0K | $20.3M | 3.5% | -0.4% |
| GOOG ALPHABET INC-CL C | Technology | 63.8K | $18.3M | 3.1% | +0.3% |
| JPM JPMORGAN CHASE & CO | Financials | 54.3K | $16.0M | 2.7% | -0.1% |
| PWR QUANTA SERVICES INC | Industrials | 28.2K | $15.5M | 2.7% | -1.8% |
| DE DEERE & CO | Industrials | 27.1K | $15.3M | 2.6% | 0.0% |
| PCAR PACCAR INC | Industrials | 111.3K | $12.9M | 2.2% | -0.2% |
| XOM EXXON MOBIL CORP | Energy | 62.4K | $10.6M | 1.8% | -0.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 10.6K | $10.5M | 1.8% | -0.5% |
| ATI ATI INC | Industrials | 70.7K | $10.3M | 1.8% | -3.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 41.0K | $10.0M | 1.7% | 0.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 46.4K | $9.7M | 1.7% | +6.2% |
| LLY ELI LILLY & CO | Healthcare | 9.9K | $9.1M | 1.6% | 0.0% |
| QCOM QUALCOMM INC | Technology | 70.3K | $9.0M | 1.6% | -1.1% |
| MDT MEDTRONIC PLC | Healthcare | 96.3K | $8.3M | 1.4% | +1.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 44.4K | $7.3M | 1.3% | -0.4% |
| PEP PEPSICO INC | Consumer staples | 44.6K | $6.9M | 1.2% | +2.3% |
| MRK MERCK & CO. INC. | Healthcare | 48.9K | $5.9M | 1.0% | -4.3% |
| HSY HERSHEY CO/THE | Consumer staples | 27.5K | $5.7M | 1.0% | -0.1% |
| BA BOEING CO/THE | Industrials | 26.7K | $5.3M | 0.9% | +27.2% |
| CLX CLOROX COMPANY | Other | 49.7K | $5.2M | 0.9% | +4.4% |
| EMR EMERSON ELECTRIC CO | Industrials | 38.9K | $5.1M | 0.9% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 19.7K | $4.8M | 0.8% | +0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 9.8K | $4.7M | 0.8% | +1.2% |
| SLB SLB LTD | Energy | 90.6K | $4.7M | 0.8% | +0.4% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 46.0K | $4.6M | 0.8% | +6.3% |
| HUBB HUBBELL INC | Technology | 9.0K | $4.4M | 0.8% | Held |
| UNP UNION PACIFIC CORP | Industrials | 17.1K | $4.2M | 0.7% | +90.4% |
| BAC BANK OF AMERICA CORP | Financials | 84.4K | $4.1M | 0.7% | -3.2% |
| AVGO BROADCOM INC | Technology | 12.6K | $3.9M | 0.7% | +22.7% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 41.1K | $3.9M | 0.7% | -0.2% |
| MKC MCCORMICK & CO-NON VTG SHRS | Consumer staples | 75.7K | $3.8M | 0.7% | +19.8% |
| KO COCA-COLA CO/THE | Consumer staples | 47.6K | $3.6M | 0.6% | -0.3% |
| CMI CUMMINS INC | Industrials | 6.5K | $3.5M | 0.6% | Held |
| WWD WOODWARD INC | Industrials | 9.4K | $3.4M | 0.6% | Held |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 2.5K | $3.3M | 0.6% | +2.4% |
| GEHC GE HEALTHCARE TECHNOLOGY | Healthcare | 45.9K | $3.3M | 0.6% | -6.7% |
| FDX FEDEX CORP | Industrials | 9.2K | $3.3M | 0.6% | -7.7% |
| KR KROGER CO | Consumer discretionary | 44.6K | $3.2M | 0.6% | Held |
| RTX RTX CORP | Industrials | 16.7K | $3.2M | 0.6% | 0.0% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 47.1K | $3.0M | 0.5% | New |
| NKE NIKE INC -CL B | Other | 55.3K | $2.9M | 0.5% | +7.0% |
| DELL DELL TECHNOLOGIES -C | Technology | 17.6K | $2.9M | 0.5% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 9.5K | $2.7M | 0.5% | Held |
| MMM 3M CO | Healthcare | 18.4K | $2.7M | 0.5% | -2.1% |
| VLO VALERO ENERGY CORP | Energy | 10.6K | $2.6M | 0.4% | -0.1% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 12.3K | $2.6M | 0.4% | +0.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 17.7K | $2.6M | 0.4% | +0.2% |
| MPC MARATHON PETROLEUM CORP | Energy | 10.3K | $2.5M | 0.4% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 212 | $581.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Mar 5, 2026 | 209 | $565.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 207 | $508.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 24, 2025 | 199 | $470.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 190 | $479.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 188 | $489.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 183 | $508.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR/ARESTATEMENT | Aug 13, 2024 | 180 | $493.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 17, 2024 | 180 | $493.4M | SEC ↗ | |
| Q1 2024 | 13F-HR/ARESTATEMENT | May 14, 2024 | 236 | $648.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 7, 2024 | 236 | $648.5M | SEC ↗ |
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