Arcadia Investment Management Corp.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Arcadia Investment Management Corp. reported 304 stock positions worth $625.5 million. Its top holding was Broadcom (AVGO) at 6.9% of the portfolio, followed by Apple (AAPL, 4.8%) and Palo Alto Networks (PANW, 4.2%). Compared with Q3 2024, it opened 75 new positions, sold out of 25, added to 63 and reduced 58. The biggest buy was Visa Class A (V, shares +4%) and the biggest sale Starbucks (SBUX, shares −7%).
- Most Recent 13F
- Q1 2026
- Location
- KALAMAZOO, MI
- CIK
- 0001016972
- Portfolio Value
- $625.5M (Q4 2024)
- SEC Filing
- 0001016972-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 304 stocks · $625.5M
| AVGO Broadcom Inc. | 6.90% | 186,157 | $43.2M | Reduce -0.9% |
| AAPL Apple Inc. | 4.81% | 120,153 | $30.1M | Add +0.2% |
| PANW Palo Alto Networks Inc. | 4.21% | 144,587 | $26.3M | Add +1.4% |
| NVDA Nvidia Corp. | 4.10% | 190,945 | $25.6M | Reduce -1.6% |
| MSFT Microsoft Corp. | 4.10% | 60,772 | $25.6M | Add +0.5% |
| SYK Stryker Corp. | 4.02% | 69,859 | $25.2M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 3.77% | 25,748 | $23.6M | Reduce -2.6% |
| GOOGL Alphabet Inc. Class A | 2.94% | 97,309 | $18.4M | Add +0.9% |
| V Visa Inc. Class A | 2.89% | 57,200 | $18.1M | Add +3.6% |
| ACN Accenture PLC Class A | 2.87% | 51,040 | $18.0M | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 2.68% | 32,271 | $16.8M | Add +0.3% |
| AMZN Amazon.com Inc. | 2.64% | 75,381 | $16.5M | Add +0.7% |
| NOW ServiceNow Inc. | 2.30% | 13,600 | $14.4M | Add +2.1% |
| ICE Intercontinental Exchange Inc. | 2.29% | 96,015 | $14.3M | Add +1.5% |
| ORLY O'reilly Automotive Inc. | 2.23% | 11,782 | $14.0M | Reduce -2.0% |
| MPWR Monolithic Power Systems Inc. | 2.09% | 22,115 | $13.1M | Add +2.6% |
| SBUX Starbucks Corp. | 1.83% | 125,675 | $11.5M | Reduce -7.3% |
| VEEV Veeva Systems Inc. Class A | 1.82% | 54,049 | $11.4M | Reduce -5.0% |
| TPL Texas Pacific Land Corp. | 1.69% | 9,538 | $10.5M | Reduce -8.6% |
| INTU Intuit Inc. | 1.63% | 16,190 | $10.2M | Reduce -0.1% |
| ADBE Adobe Inc. | 1.58% | 22,215 | $9.9M | Add +11.8% |
| SU Suncor Energy Inc. | 1.56% | 273,437 | $9.8M | Add +2.1% |
| ITW Illinois Tool Works | 1.54% | 38,029 | $9.6M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 1.48% | 48,461 | $9.2M | Reduce -1.8% |
| TT Trane Technologies PLC | 1.45% | 24,476 | $9.0M | Add +1.0% |
| APD Air Products & Chemicals Inc. | 1.39% | 29,905 | $8.7M | Reduce -2.3% |
| WSO Watsco Inc. | 1.38% | 18,187 | $8.6M | Reduce -4.8% |
| BDX Becton Dickinson and Co. | 1.36% | 37,488 | $8.5M | Add +44.1% |
| AXP American Express Co. | 1.20% | 25,365 | $7.5M | Reduce -1.8% |
| MINT PIMCO Enhanced Short Maturit | 1.07% | 66,930 | $6.7M | Add +51.2% |
| HD Home Depot Inc. | 1.07% | 17,231 | $6.7M | Reduce -1.9% |
| ASML ASML Holding NV-NY Reg SHS | 1.00% | 9,008 | $6.2M | Add +17.8% |
| ECL Ecolab Inc. | 0.94% | 25,160 | $5.9M | Reduce -0.2% |
| TSCO Tractor Supply Company | 0.90% | 106,225 | $5.6M | Add +3.4% |
| CBRE CBRE Group Inc. Class A | 0.86% | 40,905 | $5.4M | Reduce -0.8% |
| ZS Zscaler Inc. | 0.85% | 29,340 | $5.3M | Add +2.6% |
| FAST Fastenal Co. | 0.80% | 69,767 | $5.0M | Reduce -2.9% |
| ADP Automatic Data Processing | 0.70% | 15,013 | $4.4M | Reduce -0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.65% | 11,954 | $4.1M | Add +30.8% |
| IR Ingersoll-Rand Inc. | 0.65% | 44,741 | $4.0M | Add +0.9% |
| WMT Walmart Inc. | 0.63% | 43,270 | $3.9M | Add +9.4% |
| ORCL Oracle Corp. | 0.56% | 20,910 | $3.5M | Reduce -23.5% |
| URI United Rentals Inc. | 0.54% | 4,787 | $3.4M | Add +0.4% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.53% | 54,280 | $3.3M | Add +18.7% |
| LLY Eli Lilly & Co. | 0.53% | 4,300 | $3.3M | Add +79.4% |
| IVV iShares Core S&P 500 ETF | 0.47% | 4,964 | $2.9M | No change |
| MDLZ Mondelez International Inc. Class A | 0.46% | 48,556 | $2.9M | Reduce -24.9% |
| EFA iShares MSCI Eafe ETF | 0.45% | 36,819 | $2.8M | Reduce -0.5% |
| DLR Digital Realty Trust Inc. | 0.43% | 15,323 | $2.7M | Reduce -0.2% |
| DHR Danaher Corp. | 0.43% | 11,636 | $2.7M | Reduce -3.1% |
| PHR Phreesia Inc. | 0.37% | 92,155 | $2.3M | Reduce -5.1% |
| WTRG Essential Utilities Inc. | 0.36% | 62,697 | $2.3M | Reduce -5.0% |
| META Meta Platforms Inc. Class A | 0.32% | 3,401 | $2.0M | Add +18.9% |
| AAON Aaon Inc. | 0.27% | 14,323 | $1.7M | Add +5.8% |
| GFF Griffon Corp. | 0.27% | 23,551 | $1.7M | Add +35.1% |
| GPN Global Payments Inc. | 0.26% | 14,480 | $1.6M | Add +7.1% |
| NXST Nexstar Media Group Inc. | 0.25% | 9,752 | $1.5M | Reduce -21.1% |
| MGRC McGrath Rentcorp | 0.24% | 13,602 | $1.5M | Add +0.6% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.23% | 19,543 | $1.5M | Reduce -26.0% |
| DXCM Dexcom Inc. | 0.23% | 18,690 | $1.5M | Reduce -5.6% |
| NEE Nextera Energy Inc. | 0.23% | 19,882 | $1.4M | Add +13.1% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 25,001 | $1.4M | No change |
| HAL Halliburton Co. | 0.23% | 51,890 | $1.4M | Add +3.4% |
| ZTS Zoetis Inc. | 0.22% | 8,552 | $1.4M | Reduce -1.6% |
| ABBV Abbvie Inc. | 0.21% | 7,479 | $1.3M | Reduce -2.6% |
| IWM iShares Russell 2000 ETF | 0.20% | 5,681 | $1.3M | Reduce -8.1% |
| KNF Knife River Corp. | 0.19% | 11,403 | $1.2M | No change |
| ISRG Intuitive Surgical Inc. | 0.18% | 2,200 | $1.1M | No change |
| MUSA Murphy USA Inc. | 0.18% | 2,212 | $1.1M | Add +13.2% |
| PEP Pepsico Inc. | 0.17% | 7,174 | $1.1M | Add +92.1% |
| DYN Dyne Therapeutics Inc. | 0.17% | 44,940 | $1.1M | Add +16.4% |
| MBLY Mobileye Global Inc. Class A | 0.17% | 52,736 | $1.1M | Reduce -62.2% |
| RPM RPM International Inc. | 0.15% | 7,735 | $952K | No change |
| SHOP Shopify Inc. Class A | 0.15% | 8,910 | $947K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.15% | 20,754 | $914K | Add +2.0% |
| SRPT Sarepta Therapeutics Inc. | 0.13% | 6,935 | $843K | New |
| SPGI S&P Global Inc. | 0.13% | 1,680 | $837K | No change |
| XOM Exxon Mobil Corp. | 0.13% | 7,386 | $795K | Reduce -31.3% |
| CVX Chevron Corp. | 0.12% | 5,349 | $775K | Reduce -25.9% |
| SYY Sysco Corp. | 0.12% | 9,810 | $750K | Reduce -43.1% |
| NFLX Netflix Inc. | 0.12% | 824 | $734K | Add +4.6% |
| FLO Flowers Foods Inc. | 0.11% | 33,960 | $702K | Reduce -23.9% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.11% | 15,840 | $697K | Add +7.8% |
| PWR Quanta Services Inc. | 0.11% | 2,115 | $668K | Add +111.5% |
| IWP iShares Russell Mid-Cap Grow | 0.10% | 5,050 | $640K | Add +146.3% |
| EEMA iShares MSCI Emerg MRKT Asia | 0.10% | 8,394 | $601K | Add +0.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.10% | 7,657 | $597K | No change |
| FTV Fortive Corp. | 0.09% | 7,879 | $591K | No change |
| BKNG Booking Holdings Inc. | 0.09% | 114 | $566K | No change |
| JPM JPMorgan Chase & Co. | 0.08% | 2,095 | $502K | Add +7.2% |
| HUBS HubSpot Inc. | 0.08% | 700 | $488K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 811 | $475K | Add +10.0% |
| IDXX Idexx Laboratories Inc. | 0.07% | 1,109 | $459K | Reduce -56.7% |
| RBC RBC Bearings Inc. | 0.07% | 1,409 | $421K | Add +41.0% |
| NTNX Nutanix Inc. Class A | 0.06% | 6,450 | $395K | Add +79.2% |
| PG The Procter & Gamble Co. | 0.06% | 2,275 | $381K | Reduce -2.4% |
| FCX Freeport-McMoran Inc. | 0.06% | 10,000 | $381K | No change |
| ABT Abbott Laboratories | 0.06% | 3,331 | $377K | Reduce -27.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 4,354 | $375K | Add +29.8% |
| KNSL Kinsale Capital Group Inc. | 0.06% | 778 | $362K | Add +64.5% |
Portfolio Sells Q3 2024 → Q4 2024
| SBUX Starbucks Corp. | Reduce -7.3% | 1.83% | −0.34 |
| MDLZ Mondelez International Inc. Class A | Reduce -24.9% | 0.46% | −0.32 |
| ORCL Oracle Corp. | Reduce -23.5% | 0.56% | −0.21 |
| EL Estee Lauder Companies Class A | Reduce -26.0% | 0.23% | −0.20 |
| WSO Watsco Inc. | Reduce -4.8% | 1.38% | −0.17 |
| VEEV Veeva Systems Inc. Class A | Reduce -5.0% | 1.82% | −0.15 |
| MBLY Mobileye Global Inc. Class A | Reduce -62.2% | 0.17% | −0.15 |
| SH Proshares Short S&P500 | Reduce -90.0% | 0.01% | −0.14 |
| IDXX Idexx Laboratories Inc. | Reduce -56.7% | 0.07% | −0.14 |
| ITW Illinois Tool Works | Reduce -2.4% | 1.54% | −0.14 |
| SYK Stryker Corp. | Reduce -0.1% | 4.02% | −0.13 |
| GTN Gray Media Inc. | Reduce -90.0% | 0.01% | −0.13 |
| DHR Danaher Corp. | Reduce -3.1% | 0.43% | −0.12 |
| ECL Ecolab Inc. | Reduce -0.2% | 0.94% | −0.12 |
| APD Air Products & Chemicals Inc. | Reduce -2.3% | 1.39% | −0.11 |
| PTEN Patterson-Uti Energy Inc. | Reduce -89.5% | 0.01% | −0.11 |
| SYY Sysco Corp. | Reduce -43.1% | 0.12% | −0.10 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.10 |
| HD Home Depot Inc. | Reduce -1.9% | 1.07% | −0.10 |
| NXST Nexstar Media Group Inc. | Reduce -21.1% | 0.25% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -2.6% | 3.77% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -31.3% | 0.13% | −0.08 |
| EFA iShares MSCI Eafe ETF | Reduce -0.5% | 0.45% | −0.06 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.06 |
| FLO Flowers Foods Inc. | Reduce -23.9% | 0.11% | −0.06 |
| ZTS Zoetis Inc. | Reduce -1.6% | 0.22% | −0.06 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.06 |
| WTRG Essential Utilities Inc. | Reduce -5.0% | 0.36% | −0.05 |
| CVX Chevron Corp. | Reduce -25.9% | 0.12% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -2.0% | 2.23% | −0.04 |
| FAST Fastenal Co. | Reduce -2.9% | 0.80% | −0.04 |
| ABBV Abbvie Inc. | Reduce -2.6% | 0.21% | −0.04 |
| INTU Intuit Inc. | Reduce -0.1% | 1.63% | −0.03 |
| ABT Abbott Laboratories | Reduce -27.5% | 0.06% | −0.03 |
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -8.1% | 0.20% | −0.02 |
| EGY Vaalco Energy Inc. | Reduce -56.0% | 0.01% | −0.02 |
| PRU Prudential Financial Inc. | Reduce -97.0% | 0.00% | −0.02 |
| AVNT Avient Corp. | Reduce -6.6% | 0.05% | −0.02 |
| BEAM Beam Therapeutics Inc. | Sold out | 0.00% | −0.02 |
| NXT Nextpower Inc. | Sold out | 0.00% | −0.01 |
| AMD Advanced Micro Devices | Reduce -6.0% | 0.02% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -18.9% | 0.04% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -35.2% | 0.02% | −0.01 |
| EMR Emerson Electric Co. | Reduce -50.0% | 0.01% | −0.01 |
| SYM Symbotic Inc. | Sold out | 0.00% | −0.01 |
| CALX Calix Inc. | Sold out | 0.00% | −0.01 |
| EDIT Editas Medicine Inc. | Sold out | 0.00% | −0.01 |
| STAA Staar Surgical Co. | Sold out | 0.00% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -2.4% | 0.06% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| V Visa Inc. Class A | Add +3.6% | 2.89% | +0.39 |
| AMZN Amazon.com Inc. | Add +0.7% | 2.64% | +0.35 |
| NOW ServiceNow Inc. | Add +2.1% | 2.30% | +0.35 |
| MINT PIMCO Enhanced Short Maturit | Add +51.2% | 1.07% | +0.34 |
| BDX Becton Dickinson and Co. | Add +44.1% | 1.36% | +0.33 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 2.94% | +0.31 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +30.8% | 0.65% | +0.23 |
| AAPL Apple Inc. | Add +0.2% | 4.81% | +0.22 |
| PANW Palo Alto Networks Inc. | Add +1.4% | 4.21% | +0.20 |
| LLY Eli Lilly & Co. | Add +79.4% | 0.53% | +0.18 |
| P Everpure Inc. Class A | Add +18.7% | 0.53% | +0.16 |
| SRPT Sarepta Therapeutics Inc. | New | 0.13% | +0.13 |
| WMT Walmart Inc. | Add +9.4% | 0.63% | +0.10 |
| PEP Pepsico Inc. | Add +92.1% | 0.17% | +0.07 |
| GFF Griffon Corp. | Add +35.1% | 0.27% | +0.07 |
| IWP iShares Russell Mid-Cap Grow | Add +146.3% | 0.10% | +0.06 |
| PWR Quanta Services Inc. | Add +111.5% | 0.11% | +0.06 |
| META Meta Platforms Inc. Class A | Add +18.9% | 0.32% | +0.05 |
| MOD Modine Manufacturing Co. | New | 0.04% | +0.04 |
| ZS Zscaler Inc. | Add +2.6% | 0.85% | +0.04 |
| GPN Global Payments Inc. | Add +7.1% | 0.26% | +0.03 |
| AAON Aaon Inc. | Add +5.8% | 0.27% | +0.03 |
| QTWO Q2 Holdings Inc. | New | 0.03% | +0.03 |
| NTNX Nutanix Inc. Class A | Add +79.2% | 0.06% | +0.03 |
| CDW CDW Corp. | New | 0.03% | +0.03 |
| AES AES Corp. | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| NFLX Netflix Inc. | Add +4.6% | 0.12% | +0.03 |
| SAIA Saia Inc. | New | 0.02% | +0.02 |
| VERX Vertex Inc. Class A | New | 0.02% | +0.02 |
| MTSI Macom Technology Solutions H | New | 0.02% | +0.02 |
| NTRA Natera Inc. | New | 0.02% | +0.02 |
| EPD Enterprise Products Partners | Add +56.0% | 0.06% | +0.02 |
| ATRO Astronics Corp. | New | 0.02% | +0.02 |
| KNSL Kinsale Capital Group Inc. | Add +64.5% | 0.06% | +0.02 |
| PAY Paymentus Holdings Inc. Class A | New | 0.02% | +0.02 |
| VRRM Verra Mobility Corp. | New | 0.02% | +0.02 |
| TNDM Tandem Diabetes Care Inc. | New | 0.02% | +0.02 |
| EXLS Exlservice Holdings Inc. | New | 0.02% | +0.02 |
| MUSA Murphy USA Inc. | Add +13.2% | 0.18% | +0.02 |
| MSI Motorola Solutions Inc. | New | 0.02% | +0.02 |
| COHR Coherent Corp. | New | 0.02% | +0.02 |
| RMD Resmed Inc. | New | 0.02% | +0.02 |
| RBC RBC Bearings Inc. | Add +41.0% | 0.07% | +0.02 |
| PAR Par Technology Corp. | New | 0.02% | +0.02 |
| FRPT Freshpet Inc. | New | 0.02% | +0.02 |
| CBOE Cboe Global Markets Inc. | New | 0.02% | +0.02 |
| FTNT Fortinet Inc. | New | 0.02% | +0.02 |
| TRP TC Energy Corp. | New | 0.01% | +0.01 |
| CHKP Check Point Software Tech | New | 0.01% | +0.01 |
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 |