Arcadia Investment Management Corp.

Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Arcadia Investment Management Corp. reported 270 stock positions worth $552.6 million. Its top holding was Broadcom (AVGO) at 4.5% of the portfolio, followed by Apple (AAPL, 4.5%) and Stryker (SYK, 4.5%). Compared with Q4 2024, it opened 3 new positions, sold out of 37, added to 32 and reduced 77. The biggest buy was PIMCO Enhanced Short Maturit (MINT, shares +28%) and the biggest sale Broadcom (AVGO, shares −19%).

Most Recent 13F: Q1 2026
Location: KALAMAZOO, MI
CIK: 0001016972
Portfolio Value: $552.6M (Q1 2025)
SEC Filing: 0001016972-25-000002 ↗ filed Apr 30, 2025

Holdings Value

Holdings 270 stocks · $552.6M


AVGO Broadcom Inc.	4.55%	150,118	$25.1M	Reduce -19.4%
AAPL Apple Inc.	4.52%	112,542	$25.0M	Reduce -6.3%
SYK Stryker Corp.	4.52%	67,096	$25.0M	Reduce -4.0%
PANW Palo Alto Networks Inc.	4.28%	138,549	$23.6M	Reduce -4.2%
COST Costco Wholesale Corp.	4.10%	23,969	$22.7M	Reduce -6.9%
MSFT Microsoft Corp.	3.99%	58,679	$22.0M	Reduce -3.4%
NVDA Nvidia Corp.	3.66%	186,745	$20.2M	Reduce -2.2%
V Visa Inc. Class A	3.54%	55,838	$19.6M	Reduce -2.4%
ICE Intercontinental Exchange Inc.	2.91%	93,235	$16.1M	Reduce -2.9%
ACN Accenture PLC Class A	2.85%	50,439	$15.7M	Reduce -1.2%
TMO Thermo Fisher Scientific Inc.	2.80%	31,066	$15.5M	Reduce -3.7%
ORLY O'reilly Automotive Inc.	2.78%	10,730	$15.4M	Reduce -8.9%
GOOGL Alphabet Inc. Class A	2.64%	94,227	$14.6M	Reduce -3.2%
AMZN Amazon.com Inc.	2.55%	74,158	$14.1M	Reduce -1.6%
MPWR Monolithic Power Systems Inc.	2.21%	21,075	$12.2M	Reduce -4.7%
SBUX Starbucks Corp.	2.17%	122,201	$12.0M	Reduce -2.8%
NOW ServiceNow Inc.	1.94%	13,482	$10.7M	Reduce -0.9%
SU Suncor Energy Inc.	1.89%	270,072	$10.5M	Reduce -1.2%
VEEV Veeva Systems Inc. Class A	1.82%	43,339	$10.0M	Reduce -19.8%
WSO Watsco Inc.	1.65%	17,888	$9.1M	Reduce -1.6%
ITW Illinois Tool Works	1.62%	36,083	$8.9M	Reduce -5.1%
APD Air Products & Chemicals Inc.	1.58%	29,545	$8.7M	Reduce -1.2%
MINT PIMCO Enhanced Short Maturit	1.56%	85,790	$8.6M	Add +28.2%
ADBE Adobe Inc.	1.54%	22,191	$8.5M	Reduce -0.1%
TT Trane Technologies PLC	1.44%	23,547	$7.9M	Reduce -3.8%
GOOG Alphabet Inc. Class C	1.35%	47,776	$7.5M	Reduce -1.4%
BDX Becton Dickinson and Co.	1.20%	29,011	$6.6M	Reduce -22.6%
AXP American Express Co.	1.17%	24,099	$6.5M	Reduce -5.0%
ASML ASML Holding NV-NY Reg SHS	1.17%	9,723	$6.4M	Add +7.9%
ZS Zscaler Inc.	1.08%	30,086	$6.0M	Add +2.5%
ECL Ecolab Inc.	1.04%	22,770	$5.8M	Reduce -9.5%
TSCO Tractor Supply Company	1.03%	102,850	$5.7M	Reduce -3.2%
HD Home Depot Inc.	0.99%	14,856	$5.4M	Reduce -13.8%
INTU Intuit Inc.	0.93%	8,397	$5.2M	Reduce -48.1%
CBRE CBRE Group Inc. Class A	0.84%	35,296	$4.6M	Reduce -13.7%
CRWD CrowdStrike Holdings Inc. Class A	0.80%	12,465	$4.4M	Add +4.3%
FAST Fastenal Co.	0.78%	55,717	$4.3M	Reduce -20.1%
ADP Automatic Data Processing	0.74%	13,332	$4.1M	Reduce -11.2%
WMT Walmart Inc.	0.71%	44,560	$3.9M	Add +3.0%
LLY Eli Lilly & Co.	0.64%	4,283	$3.5M	Reduce -0.4%
TPL Texas Pacific Land Corp.	0.63%	2,632	$3.5M	Reduce -72.4%
EFA iShares MSCI Eafe ETF	0.57%	38,307	$3.1M	Add +4.0%
IR Ingersoll-Rand Inc.	0.56%	38,755	$3.1M	Reduce -13.4%
URI United Rentals Inc.	0.54%	4,722	$3.0M	Reduce -1.4%
MDLZ Mondelez International Inc. Class A	0.52%	42,613	$2.9M	Reduce -12.2%
ORCL Oracle Corp.	0.51%	20,160	$2.8M	Reduce -3.6%
IVV iShares Core S&P 500 ETF	0.51%	4,966	$2.8M	Add +0.0%
WTRG Essential Utilities Inc.	0.45%	63,152	$2.5M	Add +0.7%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.44%	55,160	$2.4M	Add +1.6%
PHR Phreesia Inc.	0.43%	92,770	$2.4M	Add +0.7%
DHR Danaher Corp.	0.42%	11,256	$2.3M	Reduce -3.3%
DLR Digital Realty Trust Inc.	0.39%	15,218	$2.2M	Reduce -0.7%
GFF Griffon Corp.	0.39%	29,811	$2.1M	Add +26.6%
META Meta Platforms Inc. Class A	0.36%	3,449	$2.0M	Add +1.4%
NXST Nexstar Media Group Inc.	0.30%	9,322	$1.7M	Reduce -4.4%
MGRC McGrath Rentcorp	0.27%	13,597	$1.5M	Reduce -0.0%
BMY Bristol-Myers Squibb Co.	0.27%	24,826	$1.5M	Reduce -0.7%
GPN Global Payments Inc.	0.26%	14,760	$1.4M	Add +1.9%
ZTS Zoetis Inc.	0.25%	8,462	$1.4M	Reduce -1.1%
NEE Nextera Energy Inc.	0.25%	19,563	$1.4M	Reduce -1.6%
HAL Halliburton Co.	0.24%	52,005	$1.3M	Add +0.2%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.21%	17,778	$1.2M	Reduce -9.0%
MUSA Murphy USA Inc.	0.21%	2,477	$1.2M	Add +12.0%
AAON Aaon Inc.	0.21%	14,738	$1.2M	Add +2.9%
IWM iShares Russell 2000 ETF	0.21%	5,681	$1.1M	No change
ABBV Abbvie Inc.	0.20%	5,305	$1.1M	Reduce -29.1%
ISRG Intuitive Surgical Inc.	0.20%	2,200	$1.1M	No change
MBLY Mobileye Global Inc. Class A	0.20%	75,036	$1.1M	Add +42.3%
DXCM Dexcom Inc.	0.19%	15,105	$1.0M	Reduce -19.2%
KNF Knife River Corp.	0.19%	11,403	$1.0M	No change
PEP Pepsico Inc.	0.19%	6,855	$1.0M	Reduce -4.5%
IWP iShares Russell Mid-Cap Grow	0.18%	8,350	$981K	Add +65.3%
VWO Vanguard Ftse Emerging Marke	0.17%	20,854	$944K	Add +0.5%
RPM RPM International Inc.	0.16%	7,735	$895K	No change
CVX Chevron Corp.	0.16%	5,204	$871K	Reduce -2.7%
SPGI S&P Global Inc.	0.15%	1,680	$854K	No change
SHOP Shopify Inc. Class A	0.15%	8,910	$851K	No change
XOM Exxon Mobil Corp.	0.15%	7,153	$851K	Reduce -3.1%
NFLX Netflix Inc.	0.14%	824	$768K	No change
SYY Sysco Corp.	0.13%	9,564	$718K	Reduce -2.5%
CALF PCR US SM CP CSH CWS ETF-Usd	0.12%	17,575	$659K	Add +10.9%
FLO Flowers Foods Inc.	0.12%	33,960	$646K	No change
PWR Quanta Services Inc.	0.11%	2,387	$607K	Add +12.9%
EEMA iShares MSCI Emerg MRKT Asia	0.11%	8,094	$600K	Reduce -3.6%
VCSH Vanguard S/T Corp. Bond ETF	0.11%	7,437	$587K	Reduce -2.9%
FTV Fortive Corp.	0.10%	7,879	$577K	No change
NTNX Nutanix Inc. Class A	0.10%	8,150	$569K	Add +26.4%
BKNG Booking Holdings Inc.	0.10%	114	$525K	No change
JPM JPMorgan Chase & Co.	0.09%	2,095	$514K	No change
SRPT Sarepta Therapeutics Inc.	0.09%	7,815	$499K	Add +12.7%
DYN Dyne Therapeutics Inc.	0.08%	44,865	$469K	Reduce -0.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.08%	811	$454K	No change
RBC RBC Bearings Inc.	0.08%	1,409	$453K	No change
NVO Novo-Nordisk A/S-Spons ADR	0.08%	6,354	$441K	Add +45.9%
ABT Abbott Laboratories	0.08%	3,308	$439K	Reduce -0.7%
HUBS HubSpot Inc.	0.07%	700	$400K	No change
BR Broadridge Financial Solutio	0.07%	1,600	$388K	No change
PG The Procter & Gamble Co.	0.07%	2,275	$388K	No change
EPD Enterprise Products Partners	0.07%	11,141	$380K	No change
KNSL Kinsale Capital Group Inc.	0.07%	778	$379K	No change

Show all 270 holdings

Portfolio Sells Q4 2024 → Q1 2025


AVGO Broadcom Inc.	Reduce -19.4%	4.55%	−2.35
TPL Texas Pacific Land Corp.	Reduce -72.4%	0.63%	−1.06
INTU Intuit Inc.	Reduce -48.1%	0.93%	−0.69
NVDA Nvidia Corp.	Reduce -2.2%	3.66%	−0.44
NOW ServiceNow Inc.	Reduce -0.9%	1.94%	−0.36
GOOGL Alphabet Inc. Class A	Reduce -3.2%	2.64%	−0.31
AAPL Apple Inc.	Reduce -6.3%	4.52%	−0.29
BDX Becton Dickinson and Co.	Reduce -22.6%	1.20%	−0.16
GOOG Alphabet Inc. Class C	Reduce -1.4%	1.35%	−0.12
MSFT Microsoft Corp.	Reduce -3.4%	3.99%	−0.11
AMZN Amazon.com Inc.	Reduce -1.6%	2.55%	−0.09
HD Home Depot Inc.	Reduce -13.8%	0.99%	−0.09
IR Ingersoll-Rand Inc.	Reduce -13.4%	0.56%	−0.09
DYN Dyne Therapeutics Inc.	Reduce -0.2%	0.08%	−0.08
IDXX Idexx Laboratories Inc.	Reduce -78.9%	0.02%	−0.06
ORCL Oracle Corp.	Reduce -3.6%	0.51%	−0.05
DXCM Dexcom Inc.	Reduce -19.2%	0.19%	−0.05
DLR Digital Realty Trust Inc.	Reduce -0.7%	0.39%	−0.04
ADBE Adobe Inc.	Reduce -0.1%	1.54%	−0.04
AXP American Express Co.	Reduce -5.0%	1.17%	−0.03
QTWO Q2 Holdings Inc.	Sold out	0.00%	−0.03
CBRE CBRE Group Inc. Class A	Reduce -13.7%	0.84%	−0.02
ACN Accenture PLC Class A	Reduce -1.2%	2.85%	−0.02
EL Estee Lauder Companies Class A	Reduce -9.0%	0.21%	−0.02
PAY Paymentus Holdings Inc. Class A	Sold out	0.00%	−0.02
TNDM Tandem Diabetes Care Inc.	Sold out	0.00%	−0.02
FAST Fastenal Co.	Reduce -20.1%	0.78%	−0.02
FRPT Freshpet Inc.	Sold out	0.00%	−0.02
NSSC Napco Security Technologies	Sold out	0.00%	−0.01
ON On Semiconductor	Sold out	0.00%	−0.01
ABBV Abbvie Inc.	Reduce -29.1%	0.20%	−0.01
ADC Agree Realty Corp.	Sold out	0.00%	−0.01
STRL Sterling Infrastructure Inc.	Sold out	0.00%	−0.01
AI C3.AI Inc. Class A	Sold out	0.00%	−0.01
PRCT Procept Biorobotics Corp.	Sold out	0.00%	−0.01
AGYS Agilysys Inc.	Sold out	0.00%	−0.01
TT Trane Technologies PLC	Reduce -3.8%	1.44%	−0.01
GLBE Global-E Online Ltd.	Sold out	0.00%	−0.01
DHR Danaher Corp.	Reduce -3.3%	0.42%	−0.01
OLLI Ollie's Bargain Outlet Holdi	Sold out	0.00%	−0.01
SPSC SPS Commerce Inc.	Sold out	0.00%	−0.01
ONON On Holding AG Class A	Sold out	0.00%	−0.01
APPF Appfolio Inc. Class A	Sold out	0.00%	−0.01
MDYG SS SPDR S&P 400 MC GR ETF	Reduce -48.0%	0.01%	−0.01
HXL Hexcel Corp.	Sold out	0.00%	−0.01
FLYW Flywire Corp.-Voting	Sold out	0.00%	−0.01
KNX Knight-Swift Transportation	Reduce -62.6%	0.00%	−0.01
MYRG MYR Group Inc./Delaware	Sold out	0.00%	−0.01
USAP Universal Stainless & Alloy	Sold out	0.00%	−0.01
RXST Rxsight Inc.	Sold out	0.00%	−0.01

Portfolio Buys Q4 2024 → Q1 2025


MINT PIMCO Enhanced Short Maturit	Add +28.2%	1.56%	+0.49
ZS Zscaler Inc.	Add +2.5%	1.08%	+0.23
ASML ASML Holding NV-NY Reg SHS	Add +7.9%	1.17%	+0.17
CRWD CrowdStrike Holdings Inc. Class A	Add +4.3%	0.80%	+0.14
EFA iShares MSCI Eafe ETF	Add +4.0%	0.57%	+0.12
GFF Griffon Corp.	Add +26.6%	0.39%	+0.12
WTRG Essential Utilities Inc.	Add +0.7%	0.45%	+0.09
WMT Walmart Inc.	Add +3.0%	0.71%	+0.08
IWP iShares Russell Mid-Cap Grow	Add +65.3%	0.18%	+0.08
PHR Phreesia Inc.	Add +0.7%	0.43%	+0.06
META Meta Platforms Inc. Class A	Add +1.4%	0.36%	+0.04
NTNX Nutanix Inc. Class A	Add +26.4%	0.10%	+0.04
IVV iShares Core S&P 500 ETF	Add +0.0%	0.51%	+0.04
MUSA Murphy USA Inc.	Add +12.0%	0.21%	+0.03
MBLY Mobileye Global Inc. Class A	Add +42.3%	0.20%	+0.03
VWO Vanguard Ftse Emerging Marke	Add +0.5%	0.17%	+0.02
NVO Novo-Nordisk A/S-Spons ADR	Add +45.9%	0.08%	+0.02
AVNT Avient Corp.	Add +33.8%	0.06%	+0.02
VMI Valmont Industries	Add +27.3%	0.06%	+0.01
HAL Halliburton Co.	Add +0.2%	0.24%	+0.01
CALF PCR US SM CP CSH CWS ETF-Usd	Add +10.9%	0.12%	+0.01
FTAI Ftai Aviation Ltd.	Add +73.0%	0.02%	+0.01
TSLA Tesla Inc.	New	0.00%	+0.00
AES AES Corp.	Add +6.3%	0.03%	+0.00
PWR Quanta Services Inc.	Add +12.9%	0.11%	+0.00
DWX State Street SPDR S&P Intern	Add +7.7%	0.01%	+0.00
GPN Global Payments Inc.	Add +1.9%	0.26%	+0.00
IWB iShares Russell 1000 ETF	Add +55.6%	0.00%	+0.00
IWF iShares Russell 1000 Growth	Add +2.0%	0.03%	+0.00
SOXX iShares Semiconductor ETF	New	0.00%	+0.00
ICLN iShares Global Clean Energy	New	0.00%	+0.00
CRM Salesforce Inc.	Add +1.8%	0.04%	−0.00
SRPT Sarepta Therapeutics Inc.	Add +12.7%	0.09%	−0.04
AAON Aaon Inc.	Add +2.9%	0.21%	−0.06
P Everpure Inc. Class A	Add +1.6%	0.44%	−0.09

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