ARCADIA INVESTMENT MANAGEMENT CORP/MI

KALAMAZOO, MI · CIK 1016972 · 13F filing filed 2023-05-05

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Others nearbyKalamazoo, MI

$459.5m reported value +7.2% vs Q4 2022

355positions

35.6%in top 10

36 new 75 added 103 reduced 27 sold out vs Q4 2022

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	STRYKER CORPORATION COM SYK	SYK	75,267	$21.5m4.68%	4.68%	Reduced -4.2k	-4,193 -5.3%
2	APPLE INC COM AAPL	AAPL	127,466	$21.0m4.57%	4.57%	Reduced -8.4k	-8,391 -6.2%
3	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	32,563	$18.8m4.08%	4.08%	Reduced -826	-826 -2.5%
4	MICROSOFT CORP COM MSFT	MSFT	60,696	$17.5m3.81%	3.81%	Reduced -1.0k	-1,000 -1.6%
5	PALO ALTO NETWORKS INC COM PANW	PANW	82,440	$16.5m3.58%	3.58%	Reduced -835	-835 -1.0%
6	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	53,702	$15.3m3.34%	3.34%	Reduced -325	-325 -0.6%
7	BROADCOM INC COM AVGO	AVGO	22,804	$14.6m3.18%	3.18%	Reduced -113	-113 -0.5%
8	COSTCO WHSL CORP NEW COM COST	COST	27,468	$13.6m2.97%	2.97%	Reduced -215	-215 -0.8%
9	MONOLITHIC PWR SYS INC COM MPWR	MPWR	25,316	$12.7m2.76%	2.76%	Reduced -281	-281 -1.1%
10	ILLINOIS TOOL WKS INC COM ITW	ITW	50,031	$12.2m2.65%	2.65%	Reduced -1.8k	-1,778 -3.4%
11	VISA INC COM CL A V	V	53,044	$12.0m2.60%	2.60%	Added +268	+268 0.5%
12	STARBUCKS CORP COM SBUX	SBUX	113,690	$11.8m2.58%	2.58%	Reduced -3.3k	-3,285 -2.8%
13	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	12,008	$10.2m2.22%	2.22%	Reduced -399	-399 -3.2%
14	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	95,780	$10.0m2.17%	2.17%	Reduced -1.2k	-1,247 -1.3%
15	ALPHABET INC CAP STK CL A GOOGL	GOOGL	91,164	$9.5m2.06%	2.06%	Reduced -3.1k	-3,059 -3.2%
16	INTUIT COM INTU	INTU	21,149	$9.4m2.05%	2.05%	Added +998	+998 5.0%
17	LAUDER ESTEE COS INC CL A EL	EL	32,983	$8.1m1.77%	1.77%	Reduced -60	-60 -0.2%
18	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	111,590	$7.7m1.68%	1.68%	Added +10.5k	+10,490 10.4%
19	VEEVA SYS INC CL A COM VEEV	VEEV	40,772	$7.5m1.63%	1.63%	Added +6.3k	+6,285 18.2%
20	ADOBE INC COM ADBE	ADBE	19,384	$7.5m1.63%	1.63%	Added +679	+679 3.6%
21	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	4,305	$7.3m1.59%	1.59%	Reduced -19	-19 -0.4%
22	AIR PRODS & CHEMS INC COM APD	APD	25,440	$7.3m1.59%	1.59%	Reduced -3.2k	-3,230 -11.3%
23	TRACTOR SUPPLY CO COM TSCO	TSCO	30,120	$7.1m1.54%	1.54%	Reduced -348	-348 -1.1%
24	BECTON DICKINSON & CO COM BDX	BDX	27,982	$6.9m1.51%	1.51%	Reduced -770	-770 -2.7%
25	SUNCOR ENERGY INC NEW COM SU	SU	209,155	$6.5m1.41%	1.41%	Added +35.4k	+35,448 20.4%
26	AMERICAN EXPRESS CO COM AXP	AXP	37,992	$6.3m1.36%	1.36%	Reduced -2.6k	-2,576 -6.3%
27	HOME DEPOT INC COM HD	HD	21,136	$6.2m1.36%	1.36%	Reduced -639	-639 -2.9%
28	AMAZON COM INC COM AMZN	AMZN	53,296	$5.5m1.20%	1.20%	Reduced -1.9k	-1,900 -3.4%
29	TRANE TECHNOLOGIES PLC SHS TT	TT	29,858	$5.5m1.20%	1.20%	Added +1.7k	+1,710 6.1%
30	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	24,474	$5.4m1.19%	1.19%	Added +128	+128 0.5%
31	WATSCO INC COM WSO	WSO	16,754	$5.3m1.16%	1.16%	Reduced -384	-384 -2.2%
32	SERVICENOW INC COM NOW	NOW	10,832	$5.0m1.10%	1.10%	Reduced -23	-23 -0.2%
33	ALPHABET INC CAP STK CL C GOOG	GOOG	48,121	$5.0m1.09%	1.09%	Unchanged
34	FASTENAL CO COM FAST	FAST	88,661	$4.8m1.04%	1.04%	Reduced -4.9k	-4,931 -5.3%
35	NVIDIA CORPORATION COM NVDA	NVDA	16,055	$4.5m0.97%	0.97%	Added +2.3k	+2,343 17.1%
36	ISHARES TR MSCI EAFE ETF EFA	EFA	59,053	$4.2m0.92%	0.92%	Unchanged
37	ECOLAB INC COM ECL	ECL	24,527	$4.1m0.88%	0.88%	Reduced -605	-605 -2.4%
38	CBRE GROUP INC CL A CBRE	CBRE	54,653	$4.0m0.87%	0.87%	Reduced -1.3k	-1,285 -2.3%
39	MONDELEZ INTL INC CL A MDLZ	MDLZ	54,897	$3.8m0.83%	0.83%	Reduced -390	-390 -0.7%
40	PEPSICO INC COM PEP	PEP	19,710	$3.6m0.78%	0.78%	Reduced -66	-66 -0.3%
41	ORACLE CORP COM ORCL	ORCL	37,103	$3.4m0.75%	0.75%	Reduced -11.8k	-11,756 -24.1%
42	NEXSTAR MEDIA GROUP INC COMMON STOCK NXST	NXST	19,020	$3.3m0.71%	0.71%	Added +4.7k	+4,748 33.3%
43	DANAHER CORPORATION COM DHR	DHR	12,857	$3.2m0.71%	0.71%	Reduced -2.5k	-2,501 -16.3%
44	ISHARES TR RUSSELL 2000 ETF IWM	IWM	17,896	$3.2m0.69%	0.69%	Reduced -117	-117 -0.7%
45	ZSCALER INC COM ZS	ZS	24,387	$2.8m0.62%	0.62%	Added +4.7k	+4,655 23.6%
46	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	27,638	$2.7m0.60%	0.60%	Reduced -497	-497 -1.8%
47	ISHARES TR CORE S&P500 ETF IVV	IVV	6,398	$2.6m0.57%	0.57%	Unchanged
48	ZOETIS INC CL A ZTS	ZTS	14,923	$2.5m0.54%	0.54%	Reduced -100	-100 -0.7%
49	DIGITAL RLTY TR INC COM DLR	DLR	22,650	$2.2m0.48%	0.48%	Reduced -6.6k	-6,635 -22.7%
50	INGERSOLL RAND INC COM IR	IR	33,727	$2.0m0.43%	0.43%	Added +21.7k	+21,697 180.4%
51	ABBVIE INC COM ABBV	ABBV	12,258	$2.0m0.43%	0.43%	Reduced -275	-275 -2.2%
52	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	24,417	$1.9m0.41%	0.41%	Added +10.3k	+10,308 73.1%
53	SYSCO CORP COM SYY	SYY	23,064	$1.8m0.39%	0.39%	Reduced -3.1k	-3,121 -11.9%
54	UNITED RENTALS INC COM URI	URI	4,446	$1.8m0.38%	0.38%	Added +1.1k	+1,065 31.5%
55	VALMONT INDS INC COM VMI	VMI	5,260	$1.7m0.37%	0.37%	Added +130	+130 2.5%
56	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	2,413	$1.6m0.36%	0.36%	New
57	PROCTER AND GAMBLE CO COM PG	PG	10,894	$1.6m0.35%	0.35%	Reduced -51	-51 -0.5%
58	NEXTIER OILFIELD SOLUTIONS COM FRAC	FRAC	203,357	$1.6m0.35%	0.35%	Added +201.4k	+201,405 10317.9%
59	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	20,329	$1.6m0.34%	0.34%	Unchanged
60	NEXTERA ENERGY INC COM NEE	NEE	18,735	$1.4m0.31%	0.31%	Added +17.4k	+17,380 1282.7%
61	EAST WEST BANCORP INC COM EWBC	EWBC	25,433	$1.4m0.31%	0.31%	Reduced -4.0k	-4,034 -13.7%
62	NASDAQ INC COM NDAQ	NDAQ	24,482	$1.3m0.29%	0.29%	Reduced -14.3k	-14,325 -36.9%
63	ESSENTIAL UTILS INC COM WTRG	WTRG	29,497	$1.3m0.28%	0.28%	Reduced -32.4k	-32,420 -52.4%
64	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	31,306	$1.3m0.28%	0.28%	Unchanged
65	WALMART INC COM WMT	WMT	8,344	$1.2m0.27%	0.27%	Reduced -212	-212 -2.5%
66	EMERSON ELEC CO COM EMR	EMR	14,050	$1.2m0.27%	0.27%	Reduced -4.8k	-4,846 -25.6%
67	MDU RES GROUP INC COM MDU	MDU	38,367	$1.2m0.25%	0.25%	Unchanged
68	CHEVRON CORP NEW COM CVX	CVX	6,634	$1.1m0.24%	0.24%	Reduced -59	-59 -0.9%
69	ABBOTT LABS COM ABT	ABT	9,644	$976.5k0.21%	0.21%	Reduced -1.6k	-1,628 -14.4%
70	REVVITY INC COM RVTY	RVTY	7,010	$934.2k0.20%	0.20%	Reduced -750	-750 -9.7%
71	ISHARES TR IBONDS DEC24 ETF IBDP	IBDP	36,975	$909.2k0.20%	0.20%	Unchanged
72	CVS HEALTH CORP COM CVS	CVS	11,000	$817.4k0.18%	0.18%	Unchanged
73	ISHARES TR IBONDS DEC23 ETF IBONDS DEC23 ETF		31,475	$792.9k0.17%	0.17%	Unchanged
74	RPM INTL INC COM RPM	RPM	7,932	$692.0k0.15%	0.15%	Reduced -2.1k	-2,110 -21.0%
75	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	27,850	$683.2k0.15%	0.15%	Unchanged
76	EXXON MOBIL CORP COM XOM	XOM	6,004	$658.4k0.14%	0.14%	Added +35	+35 0.6%
77	HALLIBURTON CO COM HAL	HAL	20,235	$640.2k0.14%	0.14%	Added +11.9k	+11,930 143.7%
78	ISHARES INC MSCI EM ASIA ETF EEMA	EEMA	9,484	$630.2k0.14%	0.14%	Added +50	+50 0.5%
79	AMGEN INC COM AMGN	AMGN	2,597	$627.8k0.14%	0.14%	Reduced -2.9k	-2,935 -53.0%
80	JOHNSON & JOHNSON COM JNJ	JNJ	3,975	$616.1k0.13%	0.13%	Reduced -527	-527 -11.7%
81	S&P GLOBAL INC COM SPGI	SPGI	1,680	$579.2k0.13%	0.13%	Unchanged
82	FORTIVE CORP COM FTV	FTV	8,484	$578.4k0.13%	0.13%	Reduced -415	-415 -4.7%
83	PROSHARES TR SHORT S&P 500 NE SH	SH	33,800	$507.0k0.11%	0.11%	Added +13.9k	+13,950 70.3%
84	ISHARES TR IBONDS DEC2026 IBDR	IBDR	20,975	$497.7k0.11%	0.11%	Unchanged
85	PFIZER INC COM PFE	PFE	11,747	$479.3k0.10%	0.10%	Reduced -6.6k	-6,591 -35.9%
86	NETFLIX INC COM NFLX	NFLX	1,353	$467.4k0.10%	0.10%	Reduced -47	-47 -3.4%
87	STERICYCLE INC COM SRCL	SRCL	10,000	$436.1k0.09%	0.09%	Unchanged
88	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	8,910	$427.1k0.09%	0.09%	Unchanged
89	VERISK ANALYTICS INC COM VRSK	VRSK	2,198	$421.7k0.09%	0.09%	Reduced -2.9k	-2,862 -56.6%
90	KAMAN CORP NOTE 3.250% 5/0 KAMN 3.25 05.01.24	KAMN 3.25 05.01.24	440,000	$420.6k0.09%	0.09%	Unchanged
91	BOOKING HOLDINGS INC COM BKNG	BKNG	155	$411.1k0.09%	0.09%	Added +8	+8 5.4%
92	FREEPORT-MCMORAN INC CL B FCX	FCX	10,000	$409.1k0.09%	0.09%	Unchanged
93	EXPEDITORS INTL WASH INC COM EXPD	EXPD	3,650	$401.9k0.09%	0.09%	Unchanged
94	RITCHIE BROS AUCTIONEERS COM RBA	RBA	7,118	$400.7k0.09%	0.09%	Reduced -1.2k	-1,153 -13.9%
95	MCGRATH RENTCORP COM MGRC	MGRC	4,260	$397.5k0.09%	0.09%	New
96	STATE STR CORP COM STT	STT	5,000	$378.4k0.08%	0.08%	Reduced -4.8k	-4,800 -49.0%
97	TRANSMEDICS GROUP INC COM TMDX	TMDX	4,927	$373.1k0.08%	0.08%	Added +1.3k	+1,338 37.3%
98	KINSALE CAP GROUP INC COM KNSL	KNSL	1,242	$372.8k0.08%	0.08%	Added +418	+418 50.7%
99	WALGREENS BOOTS ALLIANCE INC COM WBA	WBA	10,267	$355.0k0.08%	0.08%	Unchanged
100	AVIENT CORPORATION COM AVNT	AVNT	8,532	$351.2k0.08%	0.08%	Added +615	+615 7.8%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
VANGUARD MUN BD FDS VTEB	VTEB	23,500	$1.2m23.5k shares
UNITEDHEALTH GROUP INC UNH	UNH	435	$230.6k435 shares
STAAR SURGICAL CO STAA	STAA	1,700	$82.5k1.7k shares
INTUITIVE SURGICAL INC ISRG	ISRG	300	$79.6k300 shares
XOMETRY INC XMTR	XMTR	2,413	$77.8k2.4k shares
VERIZON COMMUNICATIONS INC VZ	VZ	1,500	$59.1k1.5k shares
ISHARES TR AGG	AGG	570	$55.3k570 shares
TECHTARGET INC TTGT	TTGT	1,050	$46.3k1.1k shares
CATERPILLAR INC CAT	CAT	150	$35.9k150 shares
CONOCOPHILLIPS COP	COP	191	$22.5k191 shares
SPHERE ENTERTAINMENT CO SPHR	SPHR	500	$22.5k500 shares
WISDOMTREE TR DGRW	DGRW	325	$19.6k325 shares
LOCKHEED MARTIN CORP LMT	LMT	33	$16.1k33 shares
SILVERGATE CAP CORP SICP	SICP	800	$13.9k800 shares
UNITED PARCEL SERVICE INC UPS	UPS	75	$13.0k75 shares
CHUBB LIMITED CB	CB	58	$12.8k58 shares
TEXAS INSTRS INC TXN	TXN	73	$12.1k73 shares
LINDE PLC 99952EUR	99952EUR	31	$10.1k31 shares
SHOCKWAVE MED INC SWAV	SWAV	45	$9.3k45 shares
AMERIPRISE FINL INC AMP	AMP	29	$9.0k29 shares
SHERWIN WILLIAMS CO SHW	SHW	36	$8.5k36 shares
SPDR SER TR XBI	XBI	100	$8.3k100 shares
VICOR CORP VICR	VICR	154	$8.3k154 shares
DIAGEO PLC DEO	DEO	39	$6.9k39 shares
QUIDELORTHO CORP QDEL	QDEL	75	$6.4k75 shares