ARCADIA INVESTMENT MANAGEMENT CORP/MI

CIK

1016972

Location

KALAMAZOO, MI

Portfolio Value

Small $544,630,940

Diversification

Diversified

Filing Date

Global Rank

#2,478 / 8,603 ▼ 12 · as of Mar 2026

Top Industry

Semiconductors 17.3%

3Y Alpha vs SPY

-4.8%

Period ended 3 months ago

Filed Apr 22, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.1%

SPY

+76.0%

Annualised alpha

-5.0%

Max drawdown

−20.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

314 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.5%

−0.8 pts

Top 5

26.9%

−1.8 pts

Top 10

46.0%

−1.4 pts

HHI

304

Diversified−14

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	40.4%	$220,120,548	63
Healthcare	15.4%	$83,857,994	48
Consumer Cyclical	8.2%	$44,612,411	25
Industrials	7.9%	$43,177,059	50
Financial Services	7.5%	$40,904,892	42
Communication Services	6.0%	$32,809,585	8
Consumer Defensive	5.5%	$30,100,096	14
Energy	3.9%	$21,221,881	17
Basic Materials	2.1%	$11,207,240	14
Real Estate	1.6%	$8,873,740	11
Utilities	1.2%	$6,796,039	16
Unclassified	0.2%	$949,455	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VTRS	Viatris Inc	+1,247,326	1,329,326	$17,959,194
PHR	Phreesia, Inc.	+28,425	166,490	$1,395,186
FLO	Flowers Foods Inc	+19,650	63,275	$515,691
CLMB	Climb Global Solutions, Inc.	+10,571	12,056	$238,949
DXCM	Dexcom Inc	+7,765	16,845	$1,057,866
P	Everpure, Inc.	+5,450	80,030	$4,724,971
AAON	Aaon, Inc.	+5,135	31,759	$2,628,057
ABT	Abbott Laboratories	+5,046	8,405	$862,941
NTNX	Nutanix, Inc.	+4,264	25,989	$987,841
NOW	ServiceNow, Inc.	+4,060	79,325	$8,293,428
MOD	Modine Manufacturing Co	+2,580	10,933	$2,369,290
JPM	Jpmorgan Chase & Co	+2,112	2,752	$809,528
WAT	Waters Corp /De/	+1,626	1,627	$484,520
DYN	Dyne Therapeutics, Inc.	+1,600	49,475	$896,981
ZS	Zscaler, Inc.	+1,478	35,991	$5,049,177
ETH	Grayscale Ethereum Staking Mini ETF	+1,248	7,525	$149,446
PANW	Palo Alto Networks Inc	+1,239	137,226	$22,000,072
META	Meta Platforms, Inc.	+1,233	11,428	$6,538,301
CBRE	Cbre Group, Inc.	+1,150	36,766	$4,980,322
BWXT	BWX Technologies, Inc.	+980	8,089	$1,654,119
MTZ	Mastec Inc	+825	7,174	$2,308,162
BTC	Grayscale Bitcoin Mini Trust ETF	+711	5,530	$165,844
ZTS	Zoetis Inc.	+694	2,095	$247,649
SYK	Stryker Corp	+660	66,689	$21,913,338
FITB	Fifth Third Bancorp	+615	5,738	$266,587
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBUX	Starbucks Corp	−24,908	66,507	$5,958,362
FAST	Fastenal Co	−12,500	68,524	$3,179,513
EL	Estee Lauder Companies Inc	−6,883	9,737	$698,824
ORLY	O Reilly Automotive Inc	−6,662	143,355	$13,233,100
SU	Suncor Energy Inc	−6,610	222,828	$14,731,159
ITW	Illinois Tool Works Inc	−6,222	21,078	$5,486,392
AES	Aes Corp	−5,700	165,915	$2,337,742
MDLZ	Mondelez International, Inc.	−5,350	22,206	$1,279,953
TSCO	Tractor Supply Co /De/	−5,310	85,027	$3,851,723
AVGO	Broadcom Inc.	−4,465	131,995	$40,853,772
PEP	Pepsico Inc	−3,400	425	$65,998
HAL	Halliburton Co	−3,275	28,375	$1,106,341
ACN	Accenture plc	−3,091	35,289	$6,997,455
BMY	Bristol Myers Squibb Co	−2,090	26,704	$1,619,597
ECL	Ecolab Inc.	−1,837	15,565	$4,140,601
WTRG	Essential Utilities, Inc.	−1,500	63,175	$2,544,057
APD	Air Products & Chemicals, Inc.	−1,390	19,633	$5,703,190
AAPL	Apple Inc.	−1,364	100,808	$25,584,062
GOOGL	Alphabet Inc.	−1,145	88,674	$25,499,095
WMT	Walmart Inc.	−1,004	29,050	$3,610,334
SRPT	Sarepta Therapeutics, Inc.	−880	2,800	$60,928
BSX	Boston Scientific Corp	−856	14	$878
SYY	Sysco Corp	−700	651	$46,435
AXP	American Express Co	−667	19,982	$6,044,155
KMX	Carmax Inc	−650	650	$27,027
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
GPN	Global Payments Inc	6,230	$419,279
GEV	GE Vernova Inc.	468	$408,517
No positions match the current search.

Sold Out

Positions the filer fully exited

20 positions

Ticker	Company	Shares	Value
MGRC	Mcgrath Rentcorp	15,997	$1,678,565
MUSA	Murphy USA Inc.	4,080	$1,646,361
NXST	Nexstar Media Group, Inc.	3,918	$795,549
SLV	iShares Silver Trust	3,885	$250,271
IAU	Ishares Gold Trust	2,328	$188,963
BCAB	BioAtla, Inc.	1,403	$39,845
MIDD	MIDDLEBY Corp	250	$37,167
RSG	Republic Services, Inc.	132	$27,974
SOLS	Solstice Advanced Materials Inc.	13	$631
TMUS	T-Mobile US, Inc.	2	$406
EXC	Exelon Corp	6	$261
EFX	Equifax Inc	1	$216
REG	Regency Centers Corp	3	$207
NCLH	Norwegian Cruise Line Holdings Ltd.	8	$178
SRE	Sempra	2	$176
PYPL	PayPal Holdings, Inc.	3	$175
CCL	Carnival Corp Ltd.	5	$152
LYV	Live Nation Entertainment, Inc.	1	$142
DUK	Duke Energy CORP	1	$117
DVA	Davita Inc.	1	$113
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

314 positions · $544,630,940 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 314 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AVGO	Broadcom Inc. Technology	Reduced	131,995	-4,465	$40,853,772	−13.5%	7.50%
NVDA	Nvidia Corp Technology	Added	176,856	+437	$30,843,686	−6.3%	5.66%
AAPL	Apple Inc. Technology	Reduced	100,808	-1,364	$25,584,062	−7.9%	4.70%
GOOGL	Alphabet Inc. Communication Services	Reduced	88,674	-1,145	$25,499,095	−9.3%	4.68%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	23,656	-37	$23,571,548	+15.4%	4.33%
PANW	Palo Alto Networks Inc Technology	Added	137,226	+1,239	$22,000,072	−12.2%	4.04%
SYK	Stryker Corp Healthcare	Added	66,689	+660	$21,913,338	−5.6%	4.02%
MPWR	Monolithic Power Systems Inc Technology	Reduced	19,901	-312	$21,758,758	+18.8%	4.00%
MSFT	Microsoft Corp Technology	Reduced	55,486	-38	$20,539,252	−23.5%	3.77%
VTRS	Viatris Inc Healthcare	Added	1,329,326	+1,247,326	$17,959,194	+1659.2%	3.30%
V	Visa Inc. Financial Services	Added	56,402	+421	$17,046,940	−13.2%	3.13%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	32,324	+54	$15,888,215	−15.0%	2.92%
AMZN	Amazon Com Inc Consumer Cyclical	Added	72,119	+272	$15,020,224	−9.4%	2.76%
SU	Suncor Energy Inc Energy	Reduced	222,828	-6,610	$14,731,159	+44.7%	2.70%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	90,837	-300	$14,286,843	−3.2%	2.62%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	143,355	-6,662	$13,233,100	−3.3%	2.43%
ASML	Asml Holding NV Technology	Added	9,748	+168	$12,875,450	+25.6%	2.36%
NOW	ServiceNow, Inc. Technology	Added	79,325	+4,060	$8,293,428	−28.1%	1.52%
LLY	ELI LILLY & Co Healthcare	Added	8,739	+258	$8,037,870	−11.8%	1.48%
VEEV	Veeva Systems Inc Healthcare	Added	43,792	+578	$7,692,502	−20.3%	1.41%
TT	Trane Technologies plc Industrials	Reduced	17,086	-408	$7,120,419	+4.6%	1.31%
ACN	Accenture plc Technology	Reduced	35,289	-3,091	$6,997,455	−32.0%	1.28%
WSO	Watsco Inc Industrials	Added	18,065	+50	$6,571,866	+8.3%	1.21%
META	Meta Platforms, Inc. Communication Services	Added	11,428	+1,233	$6,538,301	−2.8%	1.20%
AXP	American Express Co Financial Services	Reduced	19,982	-667	$6,044,155	−20.9%	1.11%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	66,507	-24,908	$5,958,362	−22.6%	1.09%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	19,633	-1,390	$5,703,190	+9.8%	1.05%
ITW	Illinois Tool Works Inc Industrials	Reduced	21,078	-6,222	$5,486,392	−18.4%	1.01%
ADBE	Adobe Inc. Technology	Added	21,248	+321	$5,164,963	−29.5%	0.95%
ZS	Zscaler, Inc. Technology	Added	35,991	+1,478	$5,049,177	−35.0%	0.93%
CBRE	Cbre Group, Inc. Real Estate	Added	36,766	+1,150	$4,980,322	−13.0%	0.91%
P	Everpure, Inc. Technology	Added	80,030	+5,450	$4,724,971	−5.5%	0.87%
ECL	Ecolab Inc. Basic Materials	Reduced	15,565	-1,837	$4,140,601	−9.4%	0.76%
GFF	Griffon Corp Industrials	Reduced	54,657	-81	$3,972,470	−1.5%	0.73%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Reduced	85,027	-5,310	$3,851,723	−14.7%	0.71%
TPL	Texas Pacific Land Corp Energy	Held	7,965	0	$3,779,870	+65.2%	0.69%
DLR	Digital Realty Trust, Inc. Real Estate	Added	20,088	+385	$3,620,058	+18.8%	0.66%
WMT	Walmart Inc. Consumer Defensive	Reduced	29,050	-1,004	$3,610,334	+7.8%	0.66%
HD	Home Depot, Inc. Consumer Cyclical	Added	10,927	+80	$3,593,781	−3.7%	0.66%
INTU	Intuit Inc. Technology	Added	8,039	+190	$3,475,902	−33.1%	0.64%
FAST	Fastenal Co Industrials	Reduced	68,524	-12,500	$3,179,513	−2.2%	0.58%
URI	United Rentals, Inc. Industrials	Reduced	4,002	-30	$2,915,697	−10.6%	0.54%
ADP	Automatic Data Processing Inc Technology	Added	13,420	+586	$2,726,675	−17.4%	0.50%
AAON	Aaon, Inc. Industrials	Added	31,759	+5,135	$2,628,057	+29.5%	0.48%
ORCL	Oracle Corp Technology	Reduced	17,312	-450	$2,546,768	−26.4%	0.47%
WTRG	Essential Utilities, Inc. Utilities	Reduced	63,175	-1,500	$2,544,057	+2.5%	0.47%
MOD	Modine Manufacturing Co Consumer Cyclical	Added	10,933	+2,580	$2,369,290	+112.5%	0.44%
AES	Aes Corp Utilities	Reduced	165,915	-5,700	$2,337,742	−5.0%	0.43%
MTZ	Mastec Inc Industrials	Added	7,174	+825	$2,308,162	+67.2%	0.42%
IR	Ingersoll Rand Inc. Industrials	Reduced	25,151	-175	$2,015,098	+0.4%	0.37%