ARCADIA INVESTMENT MANAGEMENT CORP/MI

KALAMAZOO, MI · CIK 1016972 · 13F filing filed 2024-08-05

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.

$585.5m reported value +3.5% vs Q1 2024

306positions

40.2%in top 10

20 new 57 added 82 reduced 26 sold out vs Q1 2024

Holdings, Q2 2024

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	BROADCOM INC COM AVGO	AVGO	19,797	$31.8m5.43%	5.43%	Added +276	+276 1.4%
2	MICROSOFT CORP COM MSFT	MSFT	61,227	$27.4m4.67%	4.67%	Added +94	+94 0.1%
3	PALO ALTO NETWORKS INC COM PANW	PANW	76,412	$25.9m4.42%	4.42%	Reduced -919	-919 -1.2%
4	APPLE INC COM AAPL	AAPL	118,512	$25.0m4.26%	4.26%	Reduced -1.5k	-1,498 -1.2%
5	NVIDIA CORPORATION COM NVDA	NVDA	196,135	$24.2m4.14%	4.14%	Added +2.9k	+2,925 1.5%
6	STRYKER CORPORATION COM SYK	SYK	70,321	$23.9m4.09%	4.09%	Reduced -40	-40 -0.1%
7	COSTCO WHSL CORP NEW COM COST	COST	27,394	$23.3m3.98%	3.98%	Reduced -324	-324 -1.2%
8	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	32,754	$18.1m3.09%	3.09%	Reduced -158	-158 -0.5%
9	MONOLITHIC PWR SYS INC COM MPWR	MPWR	21,682	$17.8m3.04%	3.04%	Reduced -1.0k	-1,035 -4.6%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	97,366	$17.7m3.03%	3.03%	Added +1.7k	+1,700 1.8%
11	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	52,230	$15.8m2.71%	2.71%	Reduced -287	-287 -0.6%
12	VISA INC COM CL A V	V	58,129	$15.3m2.61%	2.61%	Added +581	+581 1.0%
13	AMAZON COM INC COM AMZN	AMZN	76,593	$14.8m2.53%	2.53%	Added +5.0k	+4,963 6.9%
14	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	96,904	$13.3m2.27%	2.27%	Reduced -450	-450 -0.5%
15	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	12,032	$12.7m2.17%	2.17%	Added +103	+103 0.9%
16	INTUIT COM INTU	INTU	17,767	$11.7m1.99%	1.99%	Reduced -2.0k	-1,967 -10.0%
17	ADOBE INC COM ADBE	ADBE	19,900	$11.1m1.89%	1.89%	Added +10	+10 0.1%
18	VEEVA SYS INC CL A COM VEEV	VEEV	59,448	$10.9m1.86%	1.86%	Added +12.9k	+12,922 27.8%
19	SUNCOR ENERGY INC NEW COM SU	SU	277,680	$10.6m1.81%	1.81%	Added +2.0k	+1,970 0.7%
20	SERVICENOW INC COM NOW	NOW	13,447	$10.6m1.81%	1.81%	Added +948	+948 7.6%
21	STARBUCKS CORP COM SBUX	SBUX	135,838	$10.6m1.81%	1.81%	Reduced -1.0k	-1,022 -0.8%
22	ILLINOIS TOOL WKS INC COM ITW	ITW	41,439	$9.8m1.68%	1.68%	Reduced -5.0k	-4,955 -10.7%
23	WATSCO INC COM WSO	WSO	19,877	$9.2m1.57%	1.57%	Reduced -465	-465 -2.3%
24	ALPHABET INC CAP STK CL C GOOG	GOOG	45,985	$8.4m1.44%	1.44%	Reduced -616	-616 -1.3%
25	AIR PRODS & CHEMS INC COM APD	APD	31,563	$8.1m1.39%	1.39%	Reduced -6.0k	-5,959 -15.9%
26	TRANE TECHNOLOGIES PLC SHS TT	TT	24,251	$8.0m1.36%	1.36%	Reduced -138	-138 -0.6%
27	TEXAS PACIFIC LAND CORPORATI COM TPL	TPL	10,489	$7.7m1.32%	1.32%	Reduced -116	-116 -1.1%
28	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	7,366	$7.5m1.29%	1.29%	Added +249	+249 3.5%
29	TRACTOR SUPPLY CO COM TSCO	TSCO	24,569	$6.6m1.13%	1.13%	Reduced -550	-550 -2.2%
30	BECTON DICKINSON & CO COM BDX	BDX	26,903	$6.3m1.07%	1.07%	Added +1.3k	+1,280 5.0%
31	ECOLAB INC COM ECL	ECL	25,840	$6.1m1.05%	1.05%	Reduced -10	-10 -0.0%
32	HOME DEPOT INC COM HD	HD	17,516	$6.0m1.03%	1.03%	Reduced -648	-648 -3.6%
33	AMERICAN EXPRESS CO COM AXP	AXP	25,690	$5.9m1.02%	1.02%	Reduced -285	-285 -1.1%
34	ZSCALER INC COM ZS	ZS	30,123	$5.8m0.99%	0.99%	Reduced -2.1k	-2,054 -6.4%
35	FASTENAL CO COM FAST	FAST	71,867	$4.5m0.77%	0.77%	Reduced -9.8k	-9,780 -12.0%
36	ISHARES TR MSCI EAFE ETF EFA	EFA	53,604	$4.2m0.72%	0.72%	Unchanged
37	MONDELEZ INTL INC CL A MDLZ	MDLZ	63,350	$4.1m0.71%	0.71%	Unchanged
38	LAUDER ESTEE COS INC CL A EL	EL	37,766	$4.0m0.69%	0.69%	Reduced -6.0k	-6,015 -13.7%
39	INGERSOLL RAND INC COM IR	IR	43,934	$4.0m0.68%	0.68%	Added +1.0k	+1,000 2.3%
40	ORACLE CORP COM ORCL	ORCL	27,420	$3.9m0.66%	0.66%	Reduced -100	-100 -0.4%
41	CBRE GROUP INC CL A CBRE	CBRE	41,224	$3.7m0.63%	0.63%	Reduced -2.0k	-2,013 -4.7%
42	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	15,311	$3.7m0.62%	0.62%	Reduced -210	-210 -1.4%
43	MOBILEYE GLOBAL INC COMMON CLASS A MBLY	MBLY	123,466	$3.5m0.59%	0.59%	Added +3.2k	+3,192 2.6%
44	UNITED RENTALS INC COM URI	URI	4,787	$3.1m0.53%	0.53%	Reduced -239	-239 -4.8%
45	DANAHER CORPORATION COM DHR	DHR	12,003	$3.0m0.51%	0.51%	Reduced -25	-25 -0.2%
46	PURE STORAGE INC CL A P	P	45,835	$2.9m0.50%	0.50%	Added +6.7k	+6,695 17.1%
47	ESSENTIAL UTILS INC COM WTRG	WTRG	76,545	$2.9m0.49%	0.49%	Reduced -2.6k	-2,560 -3.2%
48	ISHARES TR CORE S&P500 ETF IVV	IVV	4,974	$2.7m0.46%	0.46%	Reduced -1.1k	-1,100 -18.1%
49	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	26,064	$2.6m0.45%	0.45%	Reduced -16.7k	-16,694 -39.0%
50	ELI LILLY & CO COM LLY	LLY	2,833	$2.6m0.44%	0.44%	Added +1.7k	+1,694 148.7%
51	DIGITAL RLTY TR INC COM DLR	DLR	15,328	$2.3m0.40%	0.40%	Added +180	+180 1.2%
52	WALMART INC COM WMT	WMT	33,918	$2.3m0.39%	0.39%	Added +8.2k	+8,150 31.6%
53	GLOBAL PMTS INC COM GPN	GPN	22,727	$2.2m0.38%	0.38%	Added +7.0k	+7,037 44.9%
54	NEXSTAR MEDIA GROUP INC COMMON STOCK NXST	NXST	12,642	$2.1m0.36%	0.36%	Reduced -4.3k	-4,310 -25.4%
55	PHREESIA INC COM PHR	PHR	88,625	$1.9m0.32%	0.32%	Added +10.8k	+10,800 13.9%
56	MCGRATH RENTCORP COM MGRC	MGRC	15,802	$1.7m0.29%	0.29%	Added +7.7k	+7,745 96.1%
57	ZOETIS INC CL A ZTS	ZTS	9,415	$1.6m0.28%	0.28%	Reduced -5.1k	-5,125 -35.2%
58	NEXTERA ENERGY INC COM NEE	NEE	21,972	$1.6m0.27%	0.27%	Added +10	+10 0.1%
59	ISHARES TR RUSSELL 2000 ETF IWM	IWM	7,166	$1.5m0.25%	0.25%	Reduced -2.1k	-2,090 -22.6%
60	SYSCO CORP COM SYY	SYY	18,822	$1.3m0.23%	0.23%	Added +805	+805 4.5%
61	ABBVIE INC COM ABBV	ABBV	7,700	$1.3m0.23%	0.23%	Reduced -1.7k	-1,671 -17.8%
62	EXXON MOBIL CORP COM XOM	XOM	10,992	$1.3m0.22%	0.22%	Added +4.9k	+4,900 80.4%
63	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	28,581	$1.3m0.21%	0.21%	Unchanged
64	IDEXX LABS INC COM IDXX	IDXX	2,561	$1.2m0.21%	0.21%	Added +2.0k	+1,998 354.9%
65	DYNE THERAPEUTICS INC COM DYN	DYN	35,175	$1.2m0.21%	0.21%	Added +3.9k	+3,850 12.3%
66	PEPSICO INC COM PEP	PEP	7,256	$1.2m0.20%	0.20%	Reduced -1.2k	-1,173 -13.9%
67	CHEVRON CORP NEW COM CVX	CVX	6,714	$1.1m0.18%	0.18%	Reduced -10	-10 -0.1%
68	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	24,571	$1.0m0.17%	0.17%	Added +16.1k	+16,080 189.4%
69	FLOWERS FOODS INC COM FLO	FLO	45,165	$1.0m0.17%	0.17%	Added +625	+625 1.4%
70	PROSHARES TR SHORT S&P 500 NE SH	SH	86,825	$990.7k0.17%	0.17%	Added +83.8k	+83,825 2794.2%
71	PATTERSON-UTI ENERGY INC COM PTEN	PTEN	89,717	$929.5k0.16%	0.16%	Reduced -32.6k	-32,589 -26.6%
72	GRAY TELEVISION INC COM GTN	GTN	172,785	$898.5k0.15%	0.15%	Added +47.9k	+47,850 38.3%
73	RPM INTL INC COM RPM	RPM	7,735	$832.9k0.14%	0.14%	Added +1.7k	+1,685 27.9%
74	KNIFE RIVER CORP COMMON STOCK KNF	KNF	11,175	$783.8k0.13%	0.13%	Added +997	+997 9.8%
75	HALLIBURTON CO COM HAL	HAL	22,195	$749.7k0.13%	0.13%	Added +215	+215 1.0%
76	S&P GLOBAL INC COM SPGI	SPGI	1,680	$749.3k0.13%	0.13%	Unchanged
77	ISHARES INC MSCI EM ASIA ETF EEMA	EEMA	8,869	$642.8k0.11%	0.11%	Reduced -50	-50 -0.6%
78	PACER FDS TR PACER US SMALL CALF	CALF	14,715	$641.0k0.11%	0.11%	Added +150	+150 1.0%
79	AAON INC COM PAR $0.004 AAON	AAON	7,157	$624.4k0.11%	0.11%	New
80	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	7,957	$614.9k0.11%	0.11%	Reduced -5.0k	-4,960 -38.4%
81	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	8,910	$588.5k0.10%	0.10%	Unchanged
82	FORTIVE CORP COM FTV	FTV	7,879	$583.8k0.10%	0.10%	Reduced -114	-114 -1.4%
83	STERICYCLE INC COM SRCL	SRCL	10,000	$581.3k0.10%	0.10%	Unchanged
84	NETFLIX INC COM NFLX	NFLX	824	$556.1k0.09%	0.09%	Unchanged
85	GRIFFON CORP COM GFF	GFF	7,725	$493.3k0.08%	0.08%	New
86	FREEPORT-MCMORAN INC CL B FCX	FCX	10,000	$486.0k0.08%	0.08%	Unchanged
87	NOVO-NORDISK A S ADR NVO	NVO	3,354	$478.8k0.08%	0.08%	Unchanged
88	ABBOTT LABS COM ABT	ABT	4,598	$477.8k0.08%	0.08%	Reduced -2.2k	-2,250 -32.9%
89	MURPHY USA INC COM MUSA	MUSA	1,010	$474.2k0.08%	0.08%	New
90	LIBERTY LATIN AMERICA LTD NOTE 2.000% 7/1 LILAK 2 07.15.24	LILAK 2 07.15.24	470,000	$474.1k0.08%	0.08%	Unchanged
91	BOOKING HOLDINGS INC COM BKNG	BKNG	116	$459.5k0.08%	0.08%	Reduced -10	-10 -7.9%
92	META PLATFORMS INC CL A META	META	883	$445.2k0.08%	0.08%	Added +655	+655 287.3%
93	HUBSPOT INC COM HUBS	HUBS	700	$412.9k0.07%	0.07%	Unchanged
94	JPMORGAN CHASE & CO COM JPM	JPM	1,957	$395.8k0.07%	0.07%	Reduced -81	-81 -4.0%
95	PROCTER AND GAMBLE CO COM PG	PG	2,331	$384.4k0.07%	0.07%	Unchanged
96	VALMONT INDS INC COM VMI	VMI	1,393	$382.3k0.07%	0.07%	Reduced -175	-175 -11.2%
97	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	692	$370.3k0.06%	0.06%	Added +350	+350 102.3%
98	ISHARES TR IBONDS DEC24 ETF IBDP	IBDP	14,600	$366.9k0.06%	0.06%	Reduced -5.7k	-5,675 -28.0%
99	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	13,750	$341.8k0.06%	0.06%	Unchanged
100	AVIENT CORPORATION COM AVNT	AVNT	7,610	$332.2k0.06%	0.06%	Added +4.1k	+4,055 114.1%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
KAMAN CORP KAMN 3.25 05.01.24	KAMN 3.25 05.01.24	645,000	$650.8k645.0k shares
SHOCKWAVE MED INC SWAV	SWAV	725	$236.1k725 shares
PENSKE AUTOMOTIVE GRP INC PAG	PAG	1,035	$167.7k1.0k shares
INVESCO EXCH TRADED FD TR II BKLN	BKLN	5,500	$116.3k5.5k shares
SPROUT SOCIAL INC SPT	SPT	1,047	$62.5k1.0k shares
BWX TECHNOLOGIES INC BWXT	BWXT	315	$32.3k315 shares
INSPIRE MED SYS INC INSP	INSP	141	$30.3k141 shares
RYAN SPECIALTY HOLDINGS INC RYAN	RYAN	505	$28.0k505 shares
TACTILE SYS TECHNOLOGY INC TCMD	TCMD	1,570	$25.5k1.6k shares
TREACE MED CONCEPTS INC TMCI	TMCI	1,640	$21.4k1.6k shares
GOOSEHEAD INS INC GSHD	GSHD	283	$18.9k283 shares
WORKIVA INC WK	WK	207	$17.6k207 shares
MDU RES GROUP INC MDU	MDU	690	$17.4k690 shares
TESLA INC TSLA	TSLA	90	$15.8k90 shares
BRAZE INC BRZE	BRZE	329	$14.6k329 shares
GLOBANT S A GLOB	GLOB	49	$9.9k49 shares
DOUBLEVERIFY HLDGS INC DV	DV	279	$9.8k279 shares
DNP SELECT INCOME FD INC DNP	DNP	883	$8.0k883 shares
NIKE INC NKE	NKE	75	$7.0k75 shares
GE AEROSPACE GE	GE	27	$4.7k27 shares
AEHR TEST SYS AEHR	AEHR	380	$4.7k380 shares
FLUENCE ENERGY INC FLNC	FLNC	200	$3.5k200 shares
RUMBLE INC RUM	RUM	350	$2.8k350 shares
DISNEY WALT CO DIS	DIS	17	$2.1k17 shares
VONTIER CORPORATION VNT	VNT	44	$2.0k44 shares