SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Mechanics Financial Corp

CIK 0001821336 · 2 SOUTH MAIN STREET, MANSFIELD, OH, 44902 · 419-524-0831

Reported Value
$195M
Q2 2024
Positions
221
Filings on Record
18
2019–present window
Filed
Aug 1, 2024
original filing

Summary

Mechanics Financial Corp reported $195M in U.S.-listed holdings across 221 positions for Q2 2024.

Its largest position, GRC, represents 9.3% of the portfolio.

Compared with Q1 2024, the fund opened 12 new positions and exited 11.

Portfolio Metrics

Turnover
+5.9%
vs prior filed quarter
Top-10 Concentration
+46.1%
share of reported value
Largest Position
+9.3%
Gorman Rupp Co Com
New / Exited
12 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’22: $195MQ1 ’22Q2 ’22: $166MQ3 ’22: $153MQ3 ’22Q2 ’23: $184MQ3 ’23: $182MQ3 ’23Q4 ’23: $178MQ1 ’24: $192MQ1 ’24Q2 ’24: $195MQ3 ’24: $228MQ3 ’24Q4 ’24: $223MQ1 ’25: $220MQ1 ’25Q2 ’25: $235MQ3 ’25: $264MQ3 ’25Q4 ’25: $271MQ1 ’26: $239MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 65.7%ETP: 32.3%Other: 1.3%REIT: 0.7%MLP: 0.0%Other: 0.0%
  • Common Stock · 65.7% · $128M
  • ETP · 32.3% · $63M
  • Other · 1.3% · $2M
  • REIT · 0.7% · $1M
  • MLP · 0.0% · $64,880
  • Other · 0.0% · $11,484

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PANWPalo Alto Networks IncNEW+2.2K2.2K+$730,906$730,906
UBERUber Technologies IncNEW+9.7K9.7K+$708,412$708,412
GQ9SPDR Gold Tr ETFNEW+1.7K1.7K+$360,787$360,787
TSLATesla Inc ComNEW+600600+$118,728$118,728
PPLTUSDAbrdn Platinum ETF TrustNEW+1.0K1.0K+$91,470$91,470
Vanguard Index FDS S&P 500 ETF ShsNEW+126126+$63,016$63,016
Vanguard Group, Inc. Small Cap Growth ETFNEW+215215+$53,778$53,778
GBTCGrayscale Bitcoin Tr Btc ShsNEW+1.0K1.0K+$53,240$53,240

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2024

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GRCGorman Rupp Co Comhistory →COM9.29%$18M492.5K
2iShares Core S&P Mid Cap ETFCORE S&P MCP ETF7.26%$14M241.4K
3AAPLApple Inc Comhistory →COM6.97%$14M64.4K
4iShares Tr MSCI Eafe ETFMSCI EAFE ETF4.87%$9M121.0K
5MSFTMicrosoft Corp Comhistory →COM4.25%$8M18.5K
6iShares Tr Core MSCI EafeCORE MSCI EAFE3.38%$7M90.7K
7iShares Core S&P 500 ETFCORE S&P500 ETF3.13%$6M11.1K
8GOOGLAlphabet Inc Cap Stk CL ACAP STK CL A · CAP STK CL C2.86%$6M30.5K
9JPMJPMorgan Chase & Co Comhistory →COM2.50%$5M24.0K
10iShares SP Small Cap 600 IDX ETFCORE S&P SCP ETF2.36%$5M43.1K
11Ishares Core Msci Emerging Markets EtfCORE MSCI EMKT1.84%$4M67.0K
12AMZNAmazon Com Inc Comhistory →COM1.76%$3M17.8K
13VGSHVanguard Short Term Treasury Index Fundhistory →SHORT TERM TREAS1.72%$3M57.9K
14PGProcter and Gamble Co Comhistory →COM1.41%$3M16.6K
15GDGeneral Dynamics Corp Comhistory →COM1.27%$2M8.5K
16Vanguard Total Bd Mkt ETFTOTAL BND MRKT1.21%$2M32.8K
17Spdr Portfolio High Yield Bond ETFPORTFLI HIGH YLD1.20%$2M100.3K
18PEPPepsiCo Inc Comhistory →COM1.18%$2M13.9K
19HONGBPHoneywell Intl Inc Comhistory →COM1.11%$2M10.1K
20iShares Russell 2000 ETFRUSSELL 2000 ETF1.10%$2M10.6K
21JNJJohnson & Johnson Comhistory →COM1.10%$2M14.7K
22NVDANvidia Corporation ComCOM0.92%$2M14.6K
23VVISA Inc Com CL ACOM CL A0.91%$2M6.8K
24CHVChevron Corp New ComCOM0.89%$2M11.1K
25ORCLOracle Corp ComCOM0.83%$2M11.5K
26UNHUnitedHealth Group Inc ComCOM0.83%$2M3.2K
27CDNSCadence Design System Inc ComCOM0.80%$2M5.1K
28HUBBHubbell Inc ComCOM0.80%$2M4.3K
29LLYLilly Eli & Co ComCOM0.79%$2M1.7K
30BLKCHFBlackrock Inc ComCOM0.78%$2M1.9K
31Vanguard Ftse Emerging Mkts ETFFTSE EMR MKT ETF0.77%$2M34.4K
32ADBEAdobe Sys Inc ComCOM0.77%$1M2.7K
33ABBVAbbvie Inc ComCOM0.76%$1M8.6K
34AMGNAmgen Inc ComCOM0.70%$1M4.4K
35MCDMcDonalds Corp ComCOM0.69%$1M5.3K
36NEENextera Energy Inc ComCOM0.69%$1M18.9K
37MRKMerck & Co. Inc ComCOM0.67%$1M10.5K
38MARMarriott International Inc.CL A0.61%$1M4.9K
39TMOThermo Fisher Scientific InccomCOM0.58%$1M2.0K
40SYKStryker Corp ComCOM0.57%$1M3.3K
41DISDisney Walt Co Com DisneyCOM0.57%$1M11.1K
42Vanguard Intermediate Term Treasury ETFINTER TERM TREAS0.57%$1M18.9K
43CSCOCisco Sys Inc ComCOM0.55%$1M22.7K
44HDHome Depot Inc ComCOM0.54%$1M3.0K
45LOWLowes Cos Inc ComCOM0.54%$1M4.7K
46CATCaterpillar Inc ComCOM0.52%$1M3.0K
47AMATApplied Materials INC Material CORP COMMONCOM0.51%$1M4.2K
48BACVerizon Communications Inc ComCOM0.51%$998,42024.2K
49SPDR Barclays St Corp Bd ETFPORTFOLIO SHORT0.50%$980,63533.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$239M232May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$271M233Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$264M240Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$235M239Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$220M245May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$223M230Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$228M239Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$195M221Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$192M220May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$178M213Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$182M217Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$184M218Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review216May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review217Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$153M226Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$166M234Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$195M220May 16, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.