Arcadia Investment Management Corp.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 5, 2024), Arcadia Investment Management Corp. reported 306 stock positions worth $585.5 million. Its top holding was Broadcom (AVGO) at 5.4% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Palo Alto Networks (PANW, 4.4%). Compared with Q1 2024, it opened 20 new positions, sold out of 26, added to 57 and reduced 82. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Illinois Tool Works (ITW, shares −11%).
- Most Recent 13F
- Q1 2026
- Location
- KALAMAZOO, MI
- CIK
- 0001016972
- Portfolio Value
- $585.5M (Q2 2024)
- SEC Filing
- 0001016972-24-000006 ↗ filed Aug 5, 2024
Holdings Value
Holdings 306 stocks · $585.5M
| AVGO Broadcom Inc. | 5.43% | 19,797 | $31.8M | Add +1.4% |
| MSFT Microsoft Corp. | 4.67% | 61,227 | $27.4M | Add +0.1% |
| PANW Palo Alto Networks Inc. | 4.42% | 76,412 | $25.9M | Reduce -1.2% |
| AAPL Apple Inc. | 4.26% | 118,512 | $25.0M | Reduce -1.3% |
| NVDA Nvidia Corp. | 4.14% | 196,135 | $24.2M | Add +1.5% |
| SYK Stryker Corp. | 4.09% | 70,321 | $23.9M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 3.98% | 27,394 | $23.3M | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 3.09% | 32,754 | $18.1M | Reduce -0.5% |
| MPWR Monolithic Power Systems Inc. | 3.04% | 21,682 | $17.8M | Reduce -4.6% |
| GOOGL Alphabet Inc. Class A | 3.03% | 97,366 | $17.7M | Add +1.8% |
| ACN Accenture PLC Class A | 2.71% | 52,230 | $15.8M | Reduce -0.6% |
| V Visa Inc. Class A | 2.61% | 58,129 | $15.3M | Add +1.0% |
| AMZN Amazon.com Inc. | 2.53% | 76,593 | $14.8M | Add +6.9% |
| ICE Intercontinental Exchange Inc. | 2.27% | 96,904 | $13.3M | Reduce -0.5% |
| ORLY O'reilly Automotive Inc. | 2.17% | 12,032 | $12.7M | Add +0.9% |
| INTU Intuit Inc. | 1.99% | 17,767 | $11.7M | Reduce -10.0% |
| ADBE Adobe Inc. | 1.89% | 19,900 | $11.1M | Add +0.1% |
| VEEV Veeva Systems Inc. Class A | 1.86% | 59,448 | $10.9M | Add +27.8% |
| SU Suncor Energy Inc. | 1.81% | 277,680 | $10.6M | Add +0.7% |
| NOW ServiceNow Inc. | 1.81% | 13,447 | $10.6M | Add +7.6% |
| SBUX Starbucks Corp. | 1.81% | 135,838 | $10.6M | Reduce -0.8% |
| ITW Illinois Tool Works | 1.68% | 41,439 | $9.8M | Reduce -10.7% |
| WSO Watsco Inc. | 1.57% | 19,877 | $9.2M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 1.44% | 45,985 | $8.4M | Reduce -1.3% |
| APD Air Products & Chemicals Inc. | 1.39% | 31,563 | $8.1M | Reduce -15.9% |
| TT Trane Technologies PLC | 1.36% | 24,251 | $8.0M | Reduce -0.6% |
| TPL Texas Pacific Land Corp. | 1.32% | 10,489 | $7.7M | Reduce -1.1% |
| ASML ASML Holding NV-NY Reg SHS | 1.29% | 7,366 | $7.5M | Add +3.5% |
| TSCO Tractor Supply Company | 1.13% | 24,569 | $6.6M | Reduce -2.2% |
| BDX Becton Dickinson and Co. | 1.07% | 26,903 | $6.3M | Add +5.0% |
| ECL Ecolab Inc. | 1.05% | 25,840 | $6.1M | Reduce -0.0% |
| HD Home Depot Inc. | 1.03% | 17,516 | $6.0M | Reduce -3.6% |
| AXP American Express Co. | 1.02% | 25,690 | $5.9M | Reduce -1.1% |
| ZS Zscaler Inc. | 0.99% | 30,123 | $5.8M | Reduce -6.4% |
| FAST Fastenal Co. | 0.77% | 71,867 | $4.5M | Reduce -12.0% |
| EFA iShares MSCI Eafe ETF | 0.72% | 53,604 | $4.2M | No change |
| MDLZ Mondelez International Inc. Class A | 0.71% | 63,350 | $4.1M | No change |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.69% | 37,766 | $4.0M | Reduce -13.7% |
| IR Ingersoll-Rand Inc. | 0.68% | 43,934 | $4.0M | Add +2.3% |
| ORCL Oracle Corp. | 0.66% | 27,420 | $3.9M | Reduce -0.4% |
| CBRE CBRE Group Inc. Class A | 0.63% | 41,224 | $3.7M | Reduce -4.7% |
| ADP Automatic Data Processing | 0.62% | 15,311 | $3.7M | Reduce -1.4% |
| MBLY Mobileye Global Inc. Class A | 0.59% | 123,466 | $3.5M | Add +2.6% |
| URI United Rentals Inc. | 0.53% | 4,787 | $3.1M | Reduce -4.8% |
| DHR Danaher Corp. | 0.51% | 12,003 | $3.0M | Reduce -0.2% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.50% | 45,835 | $2.9M | Add +17.1% |
| WTRG Essential Utilities Inc. | 0.49% | 76,545 | $2.9M | Reduce -3.2% |
| IVV iShares Core S&P 500 ETF | 0.46% | 4,974 | $2.7M | Reduce -18.1% |
| MINT PIMCO Enhanced Short Maturit | 0.45% | 26,064 | $2.6M | Reduce -39.0% |
| LLY Eli Lilly & Co. | 0.44% | 2,833 | $2.6M | Add +148.7% |
| DLR Digital Realty Trust Inc. | 0.40% | 15,328 | $2.3M | Add +1.2% |
| WMT Walmart Inc. | 0.39% | 33,918 | $2.3M | Add +31.6% |
| GPN Global Payments Inc. | 0.38% | 22,727 | $2.2M | Add +44.9% |
| NXST Nexstar Media Group Inc. | 0.36% | 12,642 | $2.1M | Reduce -25.4% |
| PHR Phreesia Inc. | 0.32% | 88,625 | $1.9M | Add +13.9% |
| MGRC McGrath Rentcorp | 0.29% | 15,802 | $1.7M | Add +96.1% |
| ZTS Zoetis Inc. | 0.28% | 9,415 | $1.6M | Reduce -35.3% |
| NEE Nextera Energy Inc. | 0.27% | 21,972 | $1.6M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.25% | 7,166 | $1.5M | Reduce -22.6% |
| SYY Sysco Corp. | 0.23% | 18,822 | $1.3M | Add +4.5% |
| ABBV Abbvie Inc. | 0.23% | 7,700 | $1.3M | Reduce -17.8% |
| XOM Exxon Mobil Corp. | 0.22% | 10,992 | $1.3M | Add +80.4% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 28,581 | $1.3M | No change |
| IDXX Idexx Laboratories Inc. | 0.21% | 2,561 | $1.2M | Add +354.9% |
| DYN Dyne Therapeutics Inc. | 0.21% | 35,175 | $1.2M | Add +12.3% |
| PEP Pepsico Inc. | 0.20% | 7,256 | $1.2M | Reduce -13.9% |
| CVX Chevron Corp. | 0.18% | 6,714 | $1.1M | Reduce -0.1% |
| BMY Bristol-Myers Squibb Co. | 0.17% | 24,571 | $1.0M | Add +189.4% |
| FLO Flowers Foods Inc. | 0.17% | 45,165 | $1.0M | Add +1.4% |
| PROSHARES SHORT S&P500 | 0.17% | 86,825 | $991K | Add +2794.2% |
| PTEN Patterson-Uti Energy Inc. | 0.16% | 89,717 | $929K | Reduce -26.6% |
| GTN Gray Media Inc. filed as GRAY TELEVISION INC | 0.15% | 172,785 | $898K | Add +38.3% |
| RPM RPM International Inc. | 0.14% | 7,735 | $833K | Add +27.9% |
| KNF Knife River Corp. | 0.13% | 11,175 | $784K | Add +9.8% |
| HAL Halliburton Co. | 0.13% | 22,195 | $750K | Add +1.0% |
| SPGI S&P Global Inc. | 0.13% | 1,680 | $749K | No change |
| EEMA iShares MSCI Emerg MRKT Asia | 0.11% | 8,869 | $643K | Reduce -0.6% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.11% | 14,715 | $641K | Add +1.0% |
| AAON Aaon Inc. | 0.11% | 7,157 | $624K | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.10% | 7,957 | $615K | Reduce -38.4% |
| SHOP Shopify Inc. Class A | 0.10% | 8,910 | $589K | No change |
| FTV Fortive Corp. | 0.10% | 7,879 | $584K | Reduce -1.4% |
| SRCL Stericycle Inc. | 0.10% | 10,000 | $581K | No change |
| NFLX Netflix Inc. | 0.10% | 824 | $556K | No change |
| GFF Griffon Corp. | 0.08% | 7,725 | $493K | New |
| FCX Freeport-McMoran Inc. | 0.08% | 10,000 | $486K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.08% | 3,354 | $479K | No change |
| ABT Abbott Laboratories | 0.08% | 4,598 | $478K | Reduce -32.9% |
| MUSA Murphy USA Inc. | 0.08% | 1,010 | $474K | New |
| LIBERTY LATIN AMERICA (LILAK 2 07/15/24) | 0.08% | 470,000 | $474K | No change |
| BKNG Booking Holdings Inc. | 0.08% | 116 | $460K | Reduce -7.9% |
| META Meta Platforms Inc. Class A | 0.08% | 883 | $445K | Add +287.3% |
| HUBS HubSpot Inc. | 0.07% | 700 | $413K | No change |
| JPM JPMorgan Chase & Co. | 0.07% | 1,957 | $396K | Reduce -4.0% |
| PG The Procter & Gamble Co. | 0.07% | 2,331 | $384K | No change |
| VMI Valmont Industries | 0.07% | 1,393 | $382K | Reduce -11.2% |
| MDY State Street SPDR S&P Midcap | 0.06% | 692 | $370K | Add +102.3% |
| IBDP iShares Ibonds Dec 2024 Term | 0.06% | 14,600 | $367K | Reduce -28.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.06% | 13,750 | $342K | No change |
| AVNT Avient Corp. | 0.06% | 7,610 | $332K | Add +114.1% |
Portfolio Sells Q1 2024 → Q2 2024
| ITW Illinois Tool Works | Reduce -10.7% | 1.68% | −0.52 |
| ACN Accenture PLC Class A | Reduce -0.6% | 2.71% | −0.51 |
| EL Estee Lauder Companies Class A | Reduce -13.7% | 0.69% | −0.51 |
| SBUX Starbucks Corp. | Reduce -0.8% | 1.81% | −0.41 |
| SYK Stryker Corp. | Reduce -0.1% | 4.09% | −0.37 |
| FAST Fastenal Co. | Reduce -12.0% | 0.77% | −0.34 |
| MINT PIMCO Enhanced Short Maturit | Reduce -39.0% | 0.45% | −0.31 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.5% | 3.09% | −0.29 |
| INTU Intuit Inc. | Reduce -10.0% | 1.99% | −0.27 |
| APD Air Products & Chemicals Inc. | Reduce -15.9% | 1.39% | −0.22 |
| HD Home Depot Inc. | Reduce -3.6% | 1.03% | −0.20 |
| NXST Nexstar Media Group Inc. | Reduce -25.4% | 0.36% | −0.16 |
| ZTS Zoetis Inc. | Reduce -35.3% | 0.28% | −0.16 |
| BSV Vanguard Short-Term Bond ETF | Reduce -94.8% | 0.01% | −0.15 |
| CBRE CBRE Group Inc. Class A | Reduce -4.7% | 0.63% | −0.12 |
| KAMAN CORP (KAMN 3.25 05/01/24) | Sold out | 0.00% | −0.12 |
| URI United Rentals Inc. | Reduce -4.8% | 0.53% | −0.11 |
| ZS Zscaler Inc. | Reduce -6.4% | 0.99% | −0.11 |
| ICE Intercontinental Exchange Inc. | Reduce -0.5% | 2.27% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -18.1% | 0.46% | −0.10 |
| PTEN Patterson-Uti Energy Inc. | Reduce -26.6% | 0.16% | −0.10 |
| IWM iShares Russell 2000 ETF | Reduce -22.6% | 0.25% | −0.10 |
| ABBV Abbvie Inc. | Reduce -17.8% | 0.23% | −0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -38.4% | 0.10% | −0.07 |
| RBA RB Global Inc. | Reduce -75.2% | 0.02% | −0.07 |
| ADP Automatic Data Processing | Reduce -1.4% | 0.62% | −0.06 |
| PEP Pepsico Inc. | Reduce -13.9% | 0.20% | −0.06 |
| ABT Abbott Laboratories | Reduce -32.9% | 0.08% | −0.06 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.04 |
| EXPD Expeditors Intl Wash Inc. | Reduce -55.4% | 0.03% | −0.04 |
| CRM Salesforce Inc. | Reduce -37.6% | 0.04% | −0.03 |
| JNJ Johnson & Johnson | Reduce -58.3% | 0.02% | −0.03 |
| UPST Upstart Holdings Inc. | Reduce -98.2% | 0.00% | −0.03 |
| WTRG Essential Utilities Inc. | Reduce -3.2% | 0.49% | −0.03 |
| AXP American Express Co. | Reduce -1.1% | 1.02% | −0.03 |
| PAG Penske Automotive Group Inc. | Sold out | 0.00% | −0.03 |
| TSCO Tractor Supply Company | Reduce -2.2% | 1.13% | −0.03 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -93.2% | 0.00% | −0.03 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -28.0% | 0.06% | −0.03 |
| FTV Fortive Corp. | Reduce -1.4% | 0.10% | −0.02 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.02 |
| KNSL Kinsale Capital Group Inc. | Reduce -4.6% | 0.04% | −0.02 |
| DHR Danaher Corp. | Reduce -0.2% | 0.51% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -0.6% | 0.04% | −0.01 |
| EMR Emerson Electric Co. | Reduce -31.6% | 0.02% | −0.01 |
| CTAS Cintas Corp. | Reduce -17.7% | 0.06% | −0.01 |
| SPT Sprout Social Inc. Class A | Sold out | 0.00% | −0.01 |
| LGIH Lgi Homes Inc. | Reduce -61.0% | 0.00% | −0.01 |
| CVX Chevron Corp. | Reduce -0.1% | 0.18% | −0.01 |
| PWR Quanta Services Inc. | Reduce -10.4% | 0.04% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +1.5% | 4.14% | +1.05 |
| AVGO Broadcom Inc. | Add +1.4% | 5.43% | +0.85 |
| GOOGL Alphabet Inc. Class A | Add +1.8% | 3.03% | +0.48 |
| LLY Eli Lilly & Co. | Add +148.7% | 0.44% | +0.28 |
| AMZN Amazon.com Inc. | Add +6.9% | 2.53% | +0.24 |
| PROSHARES SHORT S&P500 | Add +2794.2% | 0.17% | +0.16 |
| IDXX Idexx Laboratories Inc. | Add +354.9% | 0.21% | +0.16 |
| P Everpure Inc. Class A | Add +17.1% | 0.50% | +0.14 |
| MSFT Microsoft Corp. | Add +0.1% | 4.67% | +0.13 |
| NOW ServiceNow Inc. | Add +7.6% | 1.81% | +0.12 |
| WMT Walmart Inc. | Add +31.6% | 0.39% | +0.12 |
| ADBE Adobe Inc. | Add +0.1% | 1.89% | +0.11 |
| MGRC McGrath Rentcorp | Add +96.1% | 0.29% | +0.11 |
| AAON Aaon Inc. | New | 0.11% | +0.11 |
| BMY Bristol-Myers Squibb Co. | Add +189.4% | 0.17% | +0.09 |
| XOM Exxon Mobil Corp. | Add +80.4% | 0.22% | +0.09 |
| GFF Griffon Corp. | New | 0.08% | +0.08 |
| MUSA Murphy USA Inc. | New | 0.08% | +0.08 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.5% | 1.29% | +0.07 |
| META Meta Platforms Inc. Class A | Add +287.3% | 0.08% | +0.06 |
| DYN Dyne Therapeutics Inc. | Add +12.3% | 0.21% | +0.05 |
| DXCM Dexcom Inc. | Add +8075.0% | 0.03% | +0.03 |
| NTNX Nutanix Inc. Class A | New | 0.03% | +0.03 |
| MDY State Street SPDR S&P Midcap | Add +102.3% | 0.06% | +0.03 |
| AVNT Avient Corp. | Add +114.1% | 0.06% | +0.03 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.27% | +0.02 |
| RPM RPM International Inc. | Add +27.9% | 0.14% | +0.01 |
| GTN Gray Media Inc. | Add +38.3% | 0.15% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +58.0% | 0.03% | +0.01 |
| DLR Digital Realty Trust Inc. | Add +1.2% | 0.40% | +0.01 |
| SNPS Synopsys Inc. | New | 0.01% | +0.01 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +115.4% | 0.02% | +0.01 |
| COHR Coherent Corp. | New | 0.01% | +0.01 |
| SU Suncor Energy Inc. | Add +0.7% | 1.81% | +0.01 |
| FTAI Ftai Aviation Ltd. | New | 0.01% | +0.01 |
| PAR Par Technology Corp. | New | 0.01% | +0.01 |
| CRDO Credo Technology Group Holdi | New | 0.00% | +0.00 |
| BROS Dutch Bros Inc. Class A | New | 0.00% | +0.00 |
| GPN Global Payments Inc. | Add +44.9% | 0.38% | +0.00 |
| LOAR Loar Holdings Inc. | New | 0.00% | +0.00 |
| STRL Sterling Infrastructure Inc. | New | 0.00% | +0.00 |
| PRCT Procept Biorobotics Corp. | New | 0.00% | +0.00 |
| PAY Paymentus Holdings Inc. Class A | Add +141.1% | 0.01% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +47.1% | 0.01% | +0.00 |
| SDHC Smith Douglas Homes Corp. | New | 0.00% | +0.00 |
| VYGR Voyager Therapeutics Inc. | New | 0.00% | +0.00 |
| CYBR Cyberark Software Ltd./Israel | Add +42.2% | 0.01% | +0.00 |
| EEM iShares MSCI Emerging Market | New | 0.00% | +0.00 |
| MTSI Macom Technology Solutions H | Add +3.6% | 0.02% | +0.00 |
| IEUR iShares Core MSCI Europe ETF | Add +50.0% | 0.01% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 366 | $583.9M | AVGO, NVDA, AAPL, GOOGL, COST |
| Q4 2025 | 387 | $616.2M | AVGO, NVDA, GOOGL, AAPL, MSFT |
| Q3 2025 | 256 | $648.6M | AVGO, NVDA, MSFT, PANW, AAPL |
| Q2 2025 | 254 | $625.3M | AVGO, NVDA, MSFT, PANW, SYK |
| Q1 2025 | 270 | $552.6M | AVGO, AAPL, SYK, PANW, COST |
| Q4 2024 | 304 | $625.5M | AVGO, AAPL, PANW, NVDA, MSFT |
| Q3 2024 | 254 | $608.2M | AVGO, AAPL, MSFT, SYK, PANW |
| Q2 2024 | 306 | $585.5M | AVGO, MSFT, PANW, AAPL, NVDA |
| Q1 2024 | 312 | $565.5M | AVGO, MSFT, SYK, PANW, AAPL |