Greenleaf Trust
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 24, 2025), Greenleaf Trust reported 806 stock positions worth $11.0 billion. Its top holding was Stryker (SYK) at 58.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 10.1%) and iShares Core MSCI Eafe ETF (IEFA, 1.8%). Compared with Q3 2024, it opened 33 new positions, sold out of 59, added to 437 and reduced 278. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +4%) and the biggest sale Stryker (SYK, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- KALAMAZOO, MI
- CIK
- 0001162170
- Portfolio Value
- $11.0B (Q4 2024)
- SEC Filing
- 0001162170-25-000001 ↗ filed Jan 24, 2025
Holdings Value
Holdings 806 stocks · $11.0B
| SYK Stryker Corp. | 58.15% | 17,745,162 | $6.4B | Reduce -4.2% |
| IVV iShares Core S&P 500 ETF | 10.10% | 1,884,111 | $1.1B | Add +4.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.81% | 2,822,037 | $198.3M | Reduce -0.0% |
| AAPL Apple Inc. | 1.62% | 709,917 | $177.8M | Add +1.0% |
| IJH iShares Core S&P Midcap ETF | 1.32% | 2,329,616 | $145.2M | Reduce -3.4% |
| MSFT Microsoft Corp. | 1.25% | 325,726 | $137.3M | Reduce -1.5% |
| NVDA Nvidia Corp. | 1.05% | 855,876 | $114.9M | Add +0.5% |
| AMZN Amazon.com Inc. | 1.01% | 506,707 | $111.2M | Add +0.3% |
| IJR iShares Core S&P Small-Cap E | 0.84% | 803,749 | $92.6M | Reduce -4.5% |
| EEM iShares MSCI Emerging Market | 0.80% | 2,112,840 | $88.4M | Reduce -8.3% |
| GOOG Alphabet Inc. Class C | 0.72% | 418,037 | $79.6M | Reduce -1.4% |
| V Visa Inc. Class A | 0.68% | 235,687 | $74.5M | Add +0.0% |
| META Meta Platforms Inc. Class A | 0.60% | 112,715 | $66.0M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 139,841 | $63.4M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 104,295 | $61.1M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 0.51% | 293,132 | $55.5M | Add +2.6% |
| IEMG iShares Core MSCI Emerging | 0.48% | 1,010,176 | $52.8M | Reduce -7.6% |
| VOO Vanguard S&P 500 ETF | 0.35% | 71,424 | $38.5M | Add +0.1% |
| ICVT iShares Convertible Bond ETF | 0.33% | 430,412 | $36.6M | Add +2.7% |
| SPGI S&P Global Inc. | 0.33% | 72,450 | $36.1M | Reduce -1.1% |
| IVW iShares S&P 500 Growth ETF | 0.33% | 353,421 | $35.9M | Reduce -0.5% |
| EFA iShares MSCI Eafe ETF | 0.32% | 467,521 | $35.3M | Reduce -1.4% |
| PFF iShares Preferred & Income S | 0.31% | 1,085,296 | $34.1M | Add +4.9% |
| CRM Salesforce Inc. | 0.30% | 97,369 | $32.6M | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 0.28% | 129,679 | $31.1M | Add +0.9% |
| AMT American Tower Corp. | 0.27% | 162,891 | $29.9M | Reduce -1.1% |
| IVE iShares S&P 500 Value ETF | 0.27% | 152,807 | $29.2M | Add +0.4% |
| BKNG Booking Holdings Inc. | 0.24% | 5,340 | $26.5M | Reduce -3.4% |
| HON Honeywell International Inc. | 0.24% | 117,281 | $26.5M | Add +0.7% |
| AVGO Broadcom Inc. | 0.24% | 113,296 | $26.3M | Add +5.4% |
| GSY Invesco Ultra Short Duration | 0.22% | 484,301 | $24.3M | Add +14.3% |
| TSLA Tesla Inc. | 0.21% | 57,751 | $23.3M | Add +9.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.21% | 404,491 | $23.2M | Reduce -1.1% |
| DHR Danaher Corp. | 0.21% | 99,509 | $22.8M | Reduce -1.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 113,506 | $22.4M | Reduce -0.8% |
| CP Canadian Pacific Kansas City | 0.20% | 304,248 | $22.0M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.18% | 26,067 | $20.1M | Reduce -8.3% |
| ABBV Abbvie Inc. | 0.18% | 110,532 | $19.6M | Add +5.7% |
| ADBE Adobe Inc. | 0.18% | 43,456 | $19.3M | Reduce -0.8% |
| GVI iShares Intermediate Governm | 0.17% | 184,183 | $19.2M | Add +14.1% |
| ROP Roper Technologies Inc. | 0.17% | 36,649 | $19.1M | Reduce -0.1% |
| MDLZ Mondelez International Inc. Class A | 0.17% | 318,935 | $19.0M | Add +1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 63,824 | $18.5M | Reduce -1.2% |
| PG The Procter & Gamble Co. | 0.16% | 108,083 | $18.1M | Add +1.4% |
| IEF iShares 7-10 Year Treasury B | 0.16% | 193,461 | $17.9M | Add +3.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.16% | 142,068 | $17.2M | Reduce -3.2% |
| HD Home Depot Inc. | 0.15% | 42,365 | $16.5M | Add +0.0% |
| PYPL PayPal Holdings Inc. | 0.15% | 192,060 | $16.4M | Reduce -2.9% |
| EFV iShares MSCI Eafe Value ETF | 0.14% | 299,676 | $15.7M | Add +3.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.14% | 161,591 | $15.6M | Add +10.0% |
| COST Costco Wholesale Corp. | 0.14% | 16,792 | $15.4M | Add +0.3% |
| ITOT iShares Core S&P Total U.S. | 0.14% | 115,589 | $14.9M | Add +0.9% |
| MA Mastercard Inc. Class A | 0.13% | 28,073 | $14.8M | Add +1.6% |
| ISRG Intuitive Surgical Inc. | 0.13% | 27,390 | $14.3M | Add +1.3% |
| PEP Pepsico Inc. | 0.13% | 91,023 | $13.8M | Reduce -4.5% |
| JNJ Johnson & Johnson | 0.12% | 87,954 | $12.7M | Reduce -10.3% |
| WMT Walmart Inc. | 0.11% | 139,470 | $12.6M | Add +0.3% |
| ORCL Oracle Corp. | 0.11% | 74,104 | $12.3M | Add +1.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.11% | 18 | $12.3M | No change |
| SUB iShares Short-Term National | 0.11% | 115,944 | $12.2M | New |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 69,773 | $12.2M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.11% | 112,578 | $12.1M | Add +1.8% |
| UNH Unitedhealth Group Inc. | 0.11% | 23,242 | $11.8M | Add +1.1% |
| ABT Abbott Laboratories | 0.10% | 95,843 | $10.8M | Reduce -2.6% |
| KO The Coca-Cola Co. | 0.10% | 173,545 | $10.8M | Reduce -1.1% |
| ADP Automatic Data Processing | 0.10% | 36,241 | $10.6M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.09% | 103,434 | $10.3M | Add +1.9% |
| RTX RTX Corp. | 0.09% | 84,407 | $9.8M | Add +2.3% |
| MCD McDonald's Corp. | 0.09% | 32,863 | $9.5M | Reduce -2.2% |
| CSCO Cisco Systems Inc. | 0.09% | 159,945 | $9.5M | Add +0.7% |
| NEE Nextera Energy Inc. | 0.09% | 130,706 | $9.4M | Add +3.3% |
| NFLX Netflix Inc. | 0.08% | 10,249 | $9.1M | Add +3.1% |
| CVX Chevron Corp. | 0.08% | 60,910 | $8.8M | Add +1.0% |
| DE Deere & Co. | 0.08% | 20,760 | $8.8M | Add +1.3% |
| NKE Nike Inc. Class B | 0.08% | 116,022 | $8.8M | Add +0.3% |
| ACN Accenture PLC Class A | 0.08% | 24,268 | $8.5M | Reduce -3.4% |
| SDY SS SPDR S&P Dividend ETF | 0.07% | 60,995 | $8.1M | Add +2.0% |
| DG Dollar General Corp. | 0.07% | 104,557 | $7.9M | Add +5.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.07% | 85,691 | $7.8M | Reduce -0.4% |
| GUNR NT Mstar GLBL NR ETF | 0.07% | 212,584 | $7.7M | Reduce -0.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.07% | 57,127 | $7.1M | Reduce -0.4% |
| BLK BlackRock Inc. | 0.06% | 6,955 | $7.1M | Reduce -0.5% |
| ANET Arista Networks Inc. | 0.06% | 61,200 | $6.8M | Add +15.7% |
| AMAT Applied Materials Inc. | 0.06% | 40,904 | $6.7M | Add +3.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 151,346 | $6.7M | Add +1.4% |
| IWR iShares Russell Mid-Cap ETF | 0.06% | 75,016 | $6.6M | Reduce -1.5% |
| IWM iShares Russell 2000 ETF | 0.06% | 29,978 | $6.6M | Reduce -4.1% |
| HBAN Huntington Bancshares Inc. | 0.06% | 405,776 | $6.6M | Reduce -21.0% |
| AXP American Express Co. | 0.06% | 21,746 | $6.5M | Add +1.4% |
| CAT Caterpillar Inc. | 0.06% | 17,741 | $6.4M | Add +2.5% |
| TMO Thermo Fisher Scientific Inc. | 0.06% | 12,291 | $6.4M | Reduce -0.9% |
| PFE Pfizer Inc. | 0.06% | 236,482 | $6.3M | Reduce -20.4% |
| LOW Lowe's Cos Inc. | 0.06% | 25,215 | $6.2M | Add +1.4% |
| ADSK Autodesk Inc. | 0.06% | 21,013 | $6.2M | Add +1.3% |
| GS Goldman Sachs Group Inc. | 0.06% | 10,735 | $6.1M | Add +1.5% |
| SHW The Sherwin-Williams Co. | 0.06% | 17,992 | $6.1M | Add +0.4% |
| TXN Texas Instruments Inc. | 0.06% | 32,294 | $6.1M | Reduce -2.3% |
| PLTR Palantir Technologies Inc. Class A | 0.05% | 79,539 | $6.0M | Add +20.6% |
| INTU Intuit Inc. | 0.05% | 9,223 | $5.8M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.05% | 16,861 | $5.6M | Reduce -1.8% |
Portfolio Sells Q3 2024 → Q4 2024
| SYK Stryker Corp. | Reduce -4.2% | 58.15% | −1.38 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.0% | 1.81% | −0.15 |
| EEM iShares MSCI Emerging Market | Reduce -8.3% | 0.80% | −0.14 |
| IEMG iShares Core MSCI Emerging | Reduce -7.6% | 0.48% | −0.08 |
| AMT American Tower Corp. | Reduce -1.1% | 0.27% | −0.07 |
| DHR Danaher Corp. | Reduce -1.2% | 0.21% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -8.3% | 0.18% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.5% | 0.84% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -1.4% | 0.32% | −0.03 |
| ADBE Adobe Inc. | Reduce -0.8% | 0.18% | −0.03 |
| JNJ Johnson & Johnson | Reduce -10.3% | 0.12% | −0.03 |
| PFE Pfizer Inc. | Reduce -20.4% | 0.06% | −0.02 |
| PEP Pepsico Inc. | Reduce -4.5% | 0.13% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.1% | 0.21% | −0.02 |
| AMD Advanced Micro Devices | Reduce -8.4% | 0.04% | −0.02 |
| MSFT Microsoft Corp. | Reduce -1.5% | 1.25% | −0.02 |
| XDCFX BNYM Alcentra GLBL CRDT 2024 | Sold out | 0.00% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.4% | 1.32% | −0.02 |
| CCSI Consensus Cloud Solution | Sold out | 0.00% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.1% | 0.10% | −0.01 |
| ELV Elevance Health Inc. | Reduce -16.5% | 0.02% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.9% | 0.06% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.4% | 0.03% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -17.1% | 0.03% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.8% | 0.04% | −0.01 |
| CE Celanese Corp. | Sold out | 0.00% | −0.01 |
| ULTA Ulta Beauty Inc. | Reduce -72.4% | 0.00% | −0.01 |
| GUNR NT Mstar GLBL NR ETF | Reduce -0.9% | 0.07% | −0.01 |
| VCIT Vanguard Int-Term Corporate | Reduce -28.0% | 0.02% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Reduce -66.4% | 0.00% | −0.01 |
| THQ Abrdn Healthcare Opport | Reduce -55.3% | 0.01% | −0.01 |
| ROP Roper Technologies Inc. | Reduce -0.1% | 0.17% | −0.01 |
| SPGI S&P Global Inc. | Reduce -1.1% | 0.33% | −0.01 |
| WBD Warner Bros Discovery Inc. | Reduce -83.1% | 0.00% | −0.01 |
| GE General Electric | Reduce -10.8% | 0.03% | −0.01 |
| ORANY Orange-Spon ADR | Sold out | 0.00% | −0.01 |
| HBAN Huntington Bancshares Inc. | Reduce -21.0% | 0.06% | −0.01 |
| KLAC KLA Corp. | Reduce -8.6% | 0.02% | −0.01 |
| MCHP Microchip Technology Inc. | Reduce -10.6% | 0.01% | −0.01 |
| HSY The Hershey Co. | Reduce -21.4% | 0.02% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -35.1% | 0.01% | −0.01 |
| CVS CVS Health Corp. | Reduce -27.6% | 0.01% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -2.1% | 0.01% | −0.01 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -67.0% | 0.00% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -2.3% | 0.06% | −0.01 |
| DOW Dow Inc. | Reduce -6.0% | 0.01% | −0.01 |
| NEM Newmont Corp. | Reduce -16.7% | 0.01% | −0.01 |
| CCI Crown Castle Inc. | Reduce -32.6% | 0.01% | −0.01 |
| PKX Posco Holdings Inc. -Spon ADR | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| IVV iShares Core S&P 500 ETF | Add +4.1% | 10.10% | +0.81 |
| AMZN Amazon.com Inc. | Add +0.3% | 1.01% | +0.17 |
| AAPL Apple Inc. | Add +1.0% | 1.62% | +0.16 |
| NVDA Nvidia Corp. | Add +0.5% | 1.05% | +0.13 |
| SUB iShares Short-Term National | New | 0.11% | +0.11 |
| V Visa Inc. Class A | Add +0.0% | 0.68% | +0.10 |
| TSLA Tesla Inc. | Add +9.8% | 0.21% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +2.6% | 0.51% | +0.08 |
| AVGO Broadcom Inc. | Add +5.4% | 0.24% | +0.07 |
| MUB iShares National Muni Bond E | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 0.28% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +20.6% | 0.05% | +0.03 |
| GSY Invesco Ultra Short Duration | Add +14.3% | 0.22% | +0.03 |
| HON Honeywell International Inc. | Add +0.7% | 0.24% | +0.03 |
| GVI iShares Intermediate Governm | Add +14.1% | 0.17% | +0.02 |
| ICVT iShares Convertible Bond ETF | Add +2.7% | 0.33% | +0.02 |
| NFLX Netflix Inc. | Add +3.1% | 0.08% | +0.02 |
| ANET Arista Networks Inc. | Add +15.7% | 0.06% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.1% | 0.35% | +0.02 |
| WMT Walmart Inc. | Add +0.3% | 0.11% | +0.01 |
| WOMN Impact Shares Women's Empowe | New | 0.01% | +0.01 |
| NACP Impact Shares Naacp Minority | New | 0.01% | +0.01 |
| MA Mastercard Inc. Class A | Add +1.6% | 0.13% | +0.01 |
| GNTX Gentex Corp. | Add +538.0% | 0.01% | +0.01 |
| TEL Te Connectivity PLC | New | 0.01% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +1.3% | 0.13% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.7% | 0.09% | +0.01 |
| WFC Wells Fargo & Co. | Add +2.5% | 0.05% | +0.01 |
| MSTR Strategy Inc. | Add +285.3% | 0.01% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +1.5% | 0.06% | +0.01 |
| LPLA LPL Financial Holdings Inc. | Add +0.2% | 0.03% | +0.01 |
| DIS The Walt Disney Co. | Add +4.0% | 0.04% | +0.01 |
| MS Morgan Stanley | Add +3.2% | 0.04% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.3% | 0.14% | +0.01 |
| BAC Bank of America Corp. | Add +1.4% | 0.06% | +0.01 |
| NOW ServiceNow Inc. | Add +4.3% | 0.04% | +0.01 |
| ADP Automatic Data Processing | Add +0.2% | 0.10% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.9% | 0.14% | +0.01 |
| AXP American Express Co. | Add +1.4% | 0.06% | +0.01 |
| FISV Fiserv Inc. | Add +15.4% | 0.03% | +0.01 |
| MCK McKesson Corp. | Add +0.6% | 0.04% | +0.01 |
| EMR Emerson Electric Co. | Add +0.6% | 0.04% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +4.8% | 0.05% | +0.01 |
| SMFG Sumitomo Mitsui-Spons ADR | Add +0.0% | 0.04% | +0.01 |
| ADSK Autodesk Inc. | Add +1.3% | 0.06% | +0.01 |
| GEV GE Vernova Inc. | Add +6.0% | 0.02% | +0.01 |
| GOVT iShares US Treasury Bond ETF | Add +34.0% | 0.02% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +13.1% | 0.03% | +0.01 |
| PFF iShares Preferred & Income S | Add +4.9% | 0.31% | +0.00 |
| VST Vistra Corp. | Add +7.0% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 867 | $10.4B | SYK, IVV, SPYM, IEFA, AAPL |
| Q1 2026 | 804 | $10.2B | SYK, IVV, SPYM, IEFA, AAPL |
| Q4 2025 | 816 | $10.9B | SYK, IVV, SPYM, IEFA, AAPL |
| Q3 2025 | 804 | $11.0B | SYK, IVV, IEFA, AAPL, MSFT |
| Q2 2025 | 797 | $11.3B | SYK, IVV, IEFA, MSFT, IJH |
| Q1 2025 | 797 | $11.0B | SYK, IVV, IEFA, V, AAPL |
| Q4 2024 | 806 | $11.0B | SYK, IVV, IEFA, AAPL, IJH |
| Q3 2024 | 832 | $11.2B | SYK, IVV, IEFA, AAPL, IJH |
| Q2 2024 | 792 | $10.5B | SYK, IVV, IEFA, AAPL, MSFT |
| Q1 2024 | 776 | $10.8B | SYK, IVV, IEFA, IJH, MSFT |