TRUSTMARK BANK TRUST DEPARTMENT

Wealth advisor Mechanical CIK 861176
League rank
#2573
in Wealth advisor · #5984 overall
Long book
$1.56B
Q1 2026
Positions
271
Top-10 weight
44%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
10%
of book per quarter

Strategy in plain words

auto-generated from filings

TRUSTMARK BANK TRUST DEPARTMENT is a wealth-management firm allocating client money, running a $1.56B US long book across 271 positions.

The portfolio is moderately concentrated (top 10 ≈ 44% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: ISHARES CORE U.S. AGGREGATE, VANGUARD SMALL-CAP ETF, VANGUARD SHORT-TERM TREASURY, VANGUARD MID-CAP ETF, JPMORGAN ULTRA-SHORT INCOME.

Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.1%
Q2 2024
+6.5%
Q3 2024
-0.2%
Q4 2024
-0.6%
Q1 2025
+7.1%
Q2 2025
+6.0%
Q3 2025
+2.1%
Q4 2025
-0.5%
Q1 2026
+8.9%

Sector allocation

Technology
30%
Financials
17%
Consumer discretionary
14%
Industrials
10%
Healthcare
8%
Other
6%
Energy
5%
Utilities
4%

Long book by quarter

$1.23B
Q1 2024
$1.25B
Q2 2024
$1.32B
Q3 2024
$1.35B
Q4 2024
$1.35B
Q1 2025
$1.45B
Q2 2025
$1.54B
Q3 2025
$1.58B
Q4 2025
$1.56B
Q1 2026

What does TRUSTMARK BANK own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology103.3K$26.2M1.7%-2.8%
NVDA NVIDIA CORPTechnology118.6K$20.7M1.3%-5.4%
WMT WALMART INCConsumer discretionary142.6K$17.7M1.1%-3.6%
MSFT MICROSOFT CORPTechnology43.4K$16.1M1.0%+1.0%
IBM INTL BUSINESS MACHINES CORPTechnology51.3K$12.4M0.8%-26.5%
TRMK TRUSTMARK CORPFinancials286.3K$12.1M0.8%+0.1%
AMZN AMAZON.COM INCConsumer discretionary56.7K$11.8M0.8%+0.6%
XOM EXXON MOBIL CORPEnergy65.7K$11.1M0.7%-2.6%
AVGO BROADCOM INCTechnology36.0K$11.1M0.7%+0.6%
PH PARKER HANNIFIN CORPIndustrials12.2K$10.9M0.7%-6.8%
META META PLATFORMS INC-CLASS ATechnology18.6K$10.6M0.7%-17.5%
JPM JPMORGAN CHASE & COFinancials35.9K$10.6M0.7%-2.8%
GOOGL ALPHABET INC-CL ATechnology36.4K$10.5M0.7%-8.0%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials20.4K$9.8M0.6%-11.2%
C CITIGROUP INCFinancials85.4K$9.7M0.6%-17.8%
GOOG ALPHABET INC-CL CTechnology32.9K$9.4M0.6%-8.0%
BAC BANK OF AMERICA CORPFinancials192.7K$9.4M0.6%-20.3%
ABBV ABBVIE INCHealthcare38.7K$8.4M0.5%+0.3%
RL RALPH LAUREN CORPOther23.3K$8.0M0.5%+3.9%
CVX CHEVRON CORPEnergy38.0K$7.9M0.5%+16.4%
SO SOUTHERN CO/THEUtilities79.0K$7.6M0.5%+0.2%
CSCO CISCO SYSTEMS INCTechnology96.3K$7.5M0.5%+0.9%
CAH CARDINAL HEALTH INCConsumer discretionary34.1K$7.2M0.5%+7.1%
KO COCA-COLA CO/THEConsumer staples84.8K$6.5M0.4%+1.3%
AMGN AMGEN INCHealthcare17.2K$6.0M0.4%+15.0%
HD HOME DEPOT INCConsumer discretionary18.3K$6.0M0.4%-7.2%
TPR TAPESTRY INCOther40.2K$5.7M0.4%-13.1%
HIG HARTFORD INSURANCE GROUP INCFinancials41.3K$5.6M0.4%-10.2%
COST COSTCO WHOLESALE CORPConsumer discretionary5.6K$5.5M0.4%-7.8%
HWM HOWMET AEROSPACE INCIndustrials23.9K$5.5M0.4%-0.5%
MCK MCKESSON CORPConsumer discretionary5.6K$4.8M0.3%-7.9%
CTAS CINTAS CORPOther26.2K$4.4M0.3%+7.1%
DE DEERE & COIndustrials7.8K$4.4M0.3%+2.5%
ETN EATON CORP PLCIndustrials12.0K$4.3M0.3%-6.7%
MFC MANULIFE FINANCIAL CORPFinancials119.3K$4.1M0.3%+2.8%
LRCX LAM RESEARCH CORPIndustrials18.7K$4.0M0.3%-0.3%
LLY ELI LILLY & COHealthcare4.2K$3.9M0.3%+0.5%
URI UNITED RENTALS INCServices media4.8K$3.5M0.2%-9.6%
PG PROCTER & GAMBLE CO/THEOther23.7K$3.4M0.2%-2.1%
DUK DUKE ENERGY CORPUtilities26.1K$3.4M0.2%-12.9%
BKR BAKER HUGHES COIndustrials53.3K$3.3M0.2%-6.5%
JNJ JOHNSON & JOHNSONHealthcare13.2K$3.2M0.2%+27.1%
MCD MCDONALD'S CORPConsumer discretionary10.3K$3.2M0.2%-3.0%
COR CENCORA INCConsumer discretionary8.0K$2.5M0.2%-2.0%
MPC MARATHON PETROLEUM CORPEnergy10.1K$2.5M0.2%-3.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026351$1.56B canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026360$1.58B canonicalSEC ↗
Q3 202513F-HRNov 12, 2025356$1.54B canonicalSEC ↗
Q2 202513F-HRAug 13, 2025353$1.45B canonicalSEC ↗
Q1 202513F-HRMay 12, 2025371$1.35B canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025380$1.35B canonicalSEC ↗
Q3 202413F-HRNov 8, 2024393$1.32B canonicalSEC ↗
Q2 202413F-HRAug 14, 2024409$1.25B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024391$1.23B canonicalSEC ↗