Arcadia Investment Management Corp.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Arcadia Investment Management Corp. reported 254 stock positions worth $625.3 million. Its top holding was Broadcom (AVGO) at 6.6% of the portfolio, followed by Nvidia (NVDA, 4.8%) and Microsoft (MSFT, 4.7%). Compared with Q1 2025, it opened 6 new positions, sold out of 23, added to 39 and reduced 70. The biggest buy was PIMCO Enhanced Short Maturit (MINT, shares +118%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q1 2026
- Location
- KALAMAZOO, MI
- CIK
- 0001016972
- Portfolio Value
- $625.3M (Q2 2025)
- SEC Filing
- 0001016972-25-000005 ↗ filed Aug 8, 2025
Holdings Value
Holdings 254 stocks · $625.3M
| AVGO Broadcom Inc. | 6.55% | 148,665 | $41.0M | Reduce -1.0% |
| NVDA Nvidia Corp. | 4.78% | 189,315 | $29.9M | Add +1.4% |
| MSFT Microsoft Corp. | 4.69% | 58,905 | $29.3M | Add +0.4% |
| PANW Palo Alto Networks Inc. | 4.55% | 138,968 | $28.4M | Add +0.3% |
| SYK Stryker Corp. | 4.27% | 67,446 | $26.7M | Add +0.5% |
| COST Costco Wholesale Corp. | 3.78% | 23,883 | $23.6M | Reduce -0.4% |
| AAPL Apple Inc. | 3.65% | 111,093 | $22.8M | Reduce -1.3% |
| V Visa Inc. Class A | 3.19% | 56,135 | $19.9M | Add +0.5% |
| MINT PIMCO Enhanced Short Maturit | 3.01% | 187,065 | $18.8M | Add +118.0% |
| ICE Intercontinental Exchange Inc. | 2.69% | 91,739 | $16.8M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.66% | 75,927 | $16.7M | Add +2.4% |
| GOOGL Alphabet Inc. Class A | 2.62% | 93,121 | $16.4M | Reduce -1.2% |
| MPWR Monolithic Power Systems Inc. | 2.37% | 20,247 | $14.8M | Reduce -3.9% |
| ACN Accenture PLC Class A | 2.34% | 48,858 | $14.6M | Reduce -3.1% |
| ORLY O'reilly Automotive Inc. | 2.27% | 157,575 | $14.2M | Reduce -2.1% |
| NOW ServiceNow Inc. | 2.22% | 13,529 | $13.9M | Add +0.3% |
| TMO Thermo Fisher Scientific Inc. | 2.09% | 32,202 | $13.1M | Add +3.7% |
| VEEV Veeva Systems Inc. Class A | 2.00% | 43,329 | $12.5M | Reduce -0.0% |
| SBUX Starbucks Corp. | 1.73% | 117,806 | $10.8M | Reduce -3.6% |
| ZS Zscaler Inc. | 1.55% | 30,901 | $9.7M | Add +2.7% |
| SU Suncor Energy Inc. | 1.48% | 247,467 | $9.3M | Reduce -8.4% |
| ADBE Adobe Inc. | 1.41% | 22,789 | $8.8M | Add +2.7% |
| TT Trane Technologies PLC | 1.39% | 19,842 | $8.7M | Reduce -15.7% |
| ITW Illinois Tool Works | 1.36% | 34,323 | $8.5M | Reduce -4.9% |
| GOOG Alphabet Inc. Class C | 1.34% | 47,236 | $8.4M | Reduce -1.1% |
| ASML ASML Holding NV-NY Reg SHS | 1.31% | 10,227 | $8.2M | Add +5.2% |
| WSO Watsco Inc. | 1.25% | 17,638 | $7.8M | Reduce -1.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.23% | 15,042 | $7.7M | Add +20.7% |
| APD Air Products & Chemicals Inc. | 1.21% | 26,876 | $7.6M | Reduce -9.0% |
| AXP American Express Co. | 1.21% | 23,694 | $7.6M | Reduce -1.7% |
| INTU Intuit Inc. | 1.06% | 8,397 | $6.6M | No change |
| ECL Ecolab Inc. | 0.92% | 21,370 | $5.8M | Reduce -6.2% |
| LLY Eli Lilly & Co. | 0.88% | 7,023 | $5.5M | Add +64.0% |
| TSCO Tractor Supply Company | 0.85% | 100,895 | $5.3M | Reduce -1.9% |
| HD Home Depot Inc. | 0.83% | 14,209 | $5.2M | Reduce -4.4% |
| CBRE CBRE Group Inc. Class A | 0.79% | 35,296 | $4.9M | No change |
| ORCL Oracle Corp. | 0.69% | 19,710 | $4.3M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 0.68% | 5,739 | $4.2M | Add +66.4% |
| WMT Walmart Inc. | 0.68% | 43,305 | $4.2M | Reduce -2.8% |
| BDX Becton Dickinson and Co. | 0.66% | 24,014 | $4.1M | Reduce -17.2% |
| ADP Automatic Data Processing | 0.66% | 13,332 | $4.1M | No change |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.62% | 67,565 | $3.9M | Add +22.5% |
| URI United Rentals Inc. | 0.57% | 4,722 | $3.6M | No change |
| EFA iShares MSCI Eafe ETF | 0.55% | 38,817 | $3.5M | Add +1.3% |
| FAST Fastenal Co. | 0.55% | 81,606 | $3.4M | Reduce -26.8% |
| PHR Phreesia Inc. | 0.52% | 113,470 | $3.2M | Add +22.3% |
| IR Ingersoll-Rand Inc. | 0.52% | 38,813 | $3.2M | Add +0.1% |
| DLR Digital Realty Trust Inc. | 0.50% | 17,818 | $3.1M | Add +17.1% |
| GFF Griffon Corp. | 0.49% | 42,701 | $3.1M | Add +43.2% |
| IVV iShares Core S&P 500 ETF | 0.49% | 4,966 | $3.1M | No change |
| TPL Texas Pacific Land Corp. | 0.45% | 2,672 | $2.8M | Add +1.5% |
| MUSA Murphy USA Inc. | 0.41% | 6,305 | $2.6M | Add +154.5% |
| MDLZ Mondelez International Inc. Class A | 0.39% | 35,973 | $2.4M | Reduce -15.6% |
| WTRG Essential Utilities Inc. | 0.37% | 62,200 | $2.3M | Reduce -1.5% |
| AES AES Corp. | 0.36% | 211,455 | $2.2M | Add +1454.8% |
| AAON Aaon Inc. | 0.33% | 27,825 | $2.1M | Add +88.8% |
| DXCM Dexcom Inc. | 0.29% | 20,470 | $1.8M | Add +35.5% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.27% | 20,832 | $1.7M | Add +17.2% |
| NEE Nextera Energy Inc. | 0.27% | 24,058 | $1.7M | Add +23.0% |
| MGRC McGrath Rentcorp | 0.26% | 14,152 | $1.6M | Add +4.1% |
| DHR Danaher Corp. | 0.25% | 7,956 | $1.6M | Reduce -29.3% |
| MBLY Mobileye Global Inc. Class A | 0.23% | 80,486 | $1.4M | Add +7.3% |
| ZTS Zoetis Inc. | 0.20% | 8,134 | $1.3M | Reduce -3.9% |
| IWM iShares Russell 2000 ETF | 0.20% | 5,656 | $1.2M | Reduce -0.4% |
| ISRG Intuitive Surgical Inc. | 0.19% | 2,200 | $1.2M | No change |
| IWP iShares Russell Mid-Cap Grow | 0.19% | 8,425 | $1.2M | Add +0.9% |
| PWR Quanta Services Inc. | 0.18% | 3,005 | $1.1M | Add +25.9% |
| BMY Bristol-Myers Squibb Co. | 0.18% | 23,939 | $1.1M | Reduce -3.6% |
| NFLX Netflix Inc. | 0.17% | 814 | $1.1M | Reduce -1.2% |
| VWO Vanguard Ftse Emerging Marke | 0.16% | 20,821 | $1.0M | Reduce -0.2% |
| SHOP Shopify Inc. Class A | 0.16% | 8,910 | $1.0M | No change |
| ABBV Abbvie Inc. | 0.15% | 5,020 | $932K | Reduce -5.4% |
| KNF Knife River Corp. | 0.15% | 11,111 | $907K | Reduce -2.6% |
| NTNX Nutanix Inc. Class A | 0.14% | 11,715 | $895K | Add +43.7% |
| SPGI S&P Global Inc. | 0.14% | 1,680 | $886K | No change |
| NXST Nexstar Media Group Inc. | 0.14% | 4,979 | $861K | Reduce -46.6% |
| HAL Halliburton Co. | 0.13% | 39,730 | $810K | Reduce -23.6% |
| RPM RPM International Inc. | 0.13% | 7,335 | $806K | Reduce -5.2% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.11% | 17,225 | $686K | Reduce -2.0% |
| BKNG Booking Holdings Inc. | 0.11% | 114 | $660K | No change |
| EEMA iShares MSCI Emerg MRKT Asia | 0.11% | 7,989 | $659K | Reduce -1.3% |
| CVX Chevron Corp. | 0.10% | 4,528 | $648K | Reduce -13.0% |
| JPM JPMorgan Chase & Co. | 0.10% | 2,099 | $609K | Add +0.2% |
| FLO Flowers Foods Inc. | 0.10% | 37,490 | $599K | Add +10.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.09% | 7,437 | $591K | No change |
| RBC RBC Bearings Inc. | 0.09% | 1,409 | $542K | No change |
| VTRS Viatris Inc. | 0.09% | 60,000 | $536K | New |
| DYN Dyne Therapeutics Inc. | 0.08% | 55,215 | $526K | Add +23.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 809 | $500K | Reduce -0.3% |
| PEP Pepsico Inc. | 0.08% | 3,775 | $498K | Reduce -44.9% |
| ABT Abbott Laboratories | 0.07% | 3,308 | $450K | No change |
| FCX Freeport-McMoran Inc. | 0.07% | 10,000 | $434K | No change |
| FTV Fortive Corp. | 0.07% | 7,879 | $411K | No change |
| HUBS HubSpot Inc. | 0.06% | 700 | $390K | No change |
| BR Broadridge Financial Solutio | 0.06% | 1,600 | $389K | No change |
| CTAS Cintas Corp. | 0.06% | 1,700 | $379K | No change |
| KNSL Kinsale Capital Group Inc. | 0.06% | 778 | $376K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 5,000 | $345K | Reduce -21.3% |
| PG The Procter & Gamble Co. | 0.05% | 2,100 | $335K | Reduce -7.7% |
| VMI Valmont Industries | 0.05% | 1,003 | $328K | Reduce -12.3% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.3% | 3.65% | −0.88 |
| BDX Becton Dickinson and Co. | Reduce -17.2% | 0.66% | −0.54 |
| ACN Accenture PLC Class A | Reduce -3.1% | 2.34% | −0.51 |
| ORLY O'reilly Automotive Inc. | Reduce -2.1% | 2.27% | −0.51 |
| SBUX Starbucks Corp. | Reduce -3.6% | 1.73% | −0.44 |
| SU Suncor Energy Inc. | Reduce -8.4% | 1.48% | −0.41 |
| WSO Watsco Inc. | Reduce -1.4% | 1.25% | −0.40 |
| APD Air Products & Chemicals Inc. | Reduce -9.0% | 1.21% | −0.36 |
| COST Costco Wholesale Corp. | Reduce -0.4% | 3.78% | −0.32 |
| ITW Illinois Tool Works | Reduce -4.9% | 1.36% | −0.26 |
| GPN Global Payments Inc. | Reduce -94.2% | 0.01% | −0.25 |
| FAST Fastenal Co. | Reduce -26.8% | 0.55% | −0.23 |
| ICE Intercontinental Exchange Inc. | Reduce -1.6% | 2.69% | −0.22 |
| TSCO Tractor Supply Company | Reduce -1.9% | 0.85% | −0.17 |
| DHR Danaher Corp. | Reduce -29.3% | 0.25% | −0.17 |
| NXST Nexstar Media Group Inc. | Reduce -46.6% | 0.14% | −0.16 |
| HD Home Depot Inc. | Reduce -4.4% | 0.83% | −0.15 |
| MDLZ Mondelez International Inc. Class A | Reduce -15.6% | 0.39% | −0.14 |
| ECL Ecolab Inc. | Reduce -6.2% | 0.92% | −0.12 |
| XOM Exxon Mobil Corp. | Reduce -67.7% | 0.04% | −0.11 |
| HAL Halliburton Co. | Reduce -23.6% | 0.13% | −0.11 |
| PEP Pepsico Inc. | Reduce -44.9% | 0.08% | −0.11 |
| BMY Bristol-Myers Squibb Co. | Reduce -3.6% | 0.18% | −0.10 |
| SYY Sysco Corp. | Reduce -60.2% | 0.05% | −0.08 |
| WTRG Essential Utilities Inc. | Reduce -1.5% | 0.37% | −0.08 |
| SRPT Sarepta Therapeutics Inc. | Reduce -46.5% | 0.01% | −0.08 |
| CVX Chevron Corp. | Reduce -13.0% | 0.10% | −0.05 |
| ABBV Abbvie Inc. | Reduce -5.4% | 0.15% | −0.05 |
| ZTS Zoetis Inc. | Reduce -3.9% | 0.20% | −0.05 |
| TT Trane Technologies PLC | Reduce -15.7% | 1.39% | −0.05 |
| KNF Knife River Corp. | Reduce -2.6% | 0.15% | −0.04 |
| RPM RPM International Inc. | Reduce -5.2% | 0.13% | −0.03 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Reduce -2.8% | 0.68% | −0.03 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -38.4% | 0.03% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -21.3% | 0.06% | −0.02 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.02 |
| EPD Enterprise Products Partners | Reduce -13.9% | 0.05% | −0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -21.8% | 0.04% | −0.02 |
| VERX Vertex Inc. Class A | Sold out | 0.00% | −0.02 |
| RVTY Revvity Inc. | Reduce -35.9% | 0.02% | −0.02 |
| SH Proshares Short S&P500 | Sold out | 0.00% | −0.02 |
| FISV Fiserv Inc. | Reduce -36.5% | 0.01% | −0.02 |
| PAR Par Technology Corp. | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -7.7% | 0.05% | −0.02 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -40.0% | 0.02% | −0.02 |
| AVNT Avient Corp. | Reduce -1.1% | 0.05% | −0.02 |
| SNPS Synopsys Inc. | Reduce -66.7% | 0.01% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MINT PIMCO Enhanced Short Maturit | Add +118.0% | 3.01% | +1.45 |
| NVDA Nvidia Corp. | Add +1.4% | 4.78% | +1.12 |
| MSFT Microsoft Corp. | Add +0.4% | 4.69% | +0.70 |
| ZS Zscaler Inc. | Add +2.7% | 1.55% | +0.47 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +20.7% | 1.23% | +0.43 |
| AES AES Corp. | Add +1454.8% | 0.36% | +0.33 |
| META Meta Platforms Inc. Class A | Add +66.4% | 0.68% | +0.32 |
| NOW ServiceNow Inc. | Add +0.3% | 2.22% | +0.28 |
| PANW Palo Alto Networks Inc. | Add +0.3% | 4.55% | +0.27 |
| LLY Eli Lilly & Co. | Add +64.0% | 0.88% | +0.24 |
| MUSA Murphy USA Inc. | Add +154.5% | 0.41% | +0.20 |
| P Everpure Inc. Class A | Add +22.5% | 0.62% | +0.18 |
| ASML ASML Holding NV-NY Reg SHS | Add +5.2% | 1.31% | +0.14 |
| AAON Aaon Inc. | Add +88.8% | 0.33% | +0.12 |
| AMZN Amazon.com Inc. | Add +2.4% | 2.66% | +0.11 |
| GFF Griffon Corp. | Add +43.2% | 0.49% | +0.11 |
| DLR Digital Realty Trust Inc. | Add +17.1% | 0.50% | +0.10 |
| DXCM Dexcom Inc. | Add +35.5% | 0.29% | +0.10 |
| PHR Phreesia Inc. | Add +22.3% | 0.52% | +0.09 |
| VTRS Viatris Inc. | New | 0.09% | +0.09 |
| PWR Quanta Services Inc. | Add +25.9% | 0.18% | +0.07 |
| EL Estee Lauder Companies Class A | Add +17.2% | 0.27% | +0.06 |
| NTNX Nutanix Inc. Class A | Add +43.7% | 0.14% | +0.04 |
| MBLY Mobileye Global Inc. Class A | Add +7.3% | 0.23% | +0.04 |
| NEE Nextera Energy Inc. | Add +23.0% | 0.27% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | Add +0.9% | 0.19% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +0.7% | 0.03% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.10% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +1.0% | 0.04% | +0.00 |
| SMCI Super Micro Computer Inc. | New | 0.00% | +0.00 |
| DAL Delta Air Lines Inc. | New | 0.00% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | New | 0.00% | +0.00 |
| O Realty Income Corp. | New | 0.00% | +0.00 |
| KNX Knight-Swift Transportation | Add +10.0% | 0.00% | 0.00 |
| DYN Dyne Therapeutics Inc. | Add +23.1% | 0.08% | −0.00 |
| EFA iShares MSCI Eafe ETF | Add +1.3% | 0.55% | −0.01 |
| MGRC McGrath Rentcorp | Add +4.1% | 0.26% | −0.01 |
| FLO Flowers Foods Inc. | Add +10.4% | 0.10% | −0.02 |
| IR Ingersoll-Rand Inc. | Add +0.1% | 0.52% | −0.04 |
| ADBE Adobe Inc. | Add +2.7% | 1.41% | −0.13 |
| TPL Texas Pacific Land Corp. | Add +1.5% | 0.45% | −0.18 |
| SYK Stryker Corp. | Add +0.5% | 4.27% | −0.25 |
| V Visa Inc. Class A | Add +0.5% | 3.19% | −0.35 |
| TMO Thermo Fisher Scientific Inc. | Add +3.7% | 2.09% | −0.71 |
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 |