ARCADIA INVESTMENT MANAGEMENT CORP/MI

CIK

1016972

Location

KALAMAZOO, MI

Portfolio Value

Small $549,779,041

Diversification

Diversified

Filing Date

Global Rank

#2,181 / 8,232 ▲ 82

Top Industry

Semiconductors 17.1%

3Y Alpha vs SPY

-5.2%

Period ended 2 months ago

Filed Apr 22, 2026 · 53d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+54.4%

SPY

+76.3%

Annualised alpha

-5.2%

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

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

Top Position

7.4%

−0.8 pts

Top 5

26.6%

−1.7 pts

Top 10

45.6%

−1.4 pts

HHI

300

Diversified−13

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	40.9%	$224,899,906	63
Healthcare	15.3%	$83,857,994	48
Consumer Cyclical	8.1%	$44,729,627	25
Industrials	7.9%	$43,290,915	50
Financial Services	7.4%	$40,943,495	42
Communication Services	6.0%	$32,809,585	8
Consumer Defensive	5.5%	$30,100,096	14
Energy	3.9%	$21,321,132	18
Basic Materials	2.0%	$11,207,057	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
MIDD	MIDDLEBY Corp	250	$37,167
RSG	Republic Services, Inc.	132	$27,974
BCAB	BioAtla, Inc.	1,403	$796
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

315 positions · $549,779,041 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 315 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
ACB	Aurora Cannabis Inc Healthcare	Held	4	0	$13	−18.8%	0.00%
OMC	Omnicom Group Inc. Communication Services	Held	1	0	$75	−6.2%	0.00%
DD	DuPont de Nemours, Inc. Basic Materials	Held	2	0	$91	+13.8%	0.00%
PAYX	Paychex Inc Technology	Held	1	0	$92	−17.9%	0.00%
GEN	Gen Digital Inc. Technology	Held	5	0	$94	−30.4%	0.00%
CARR	CARRIER GLOBAL Corp Industrials	Held	2	0	$112	+6.7%	0.00%
Q	Qnity Electronics, Inc. Technology	Held	1	0	$115	+42.0%	0.00%
PCAR	Paccar Inc Industrials	Held	1	0	$115	+5.5%	0.00%
MCHP	Microchip Technology Inc Technology	Held	2	0	$129	+1.6%	0.00%
WRB	Berkley W R Corp Financial Services	Held	2	0	$132	−5.7%	0.00%
CPRT	Copart Inc Industrials	Held	4	0	$132	−15.4%	0.00%
PHIN	Phinia Inc. Consumer Cyclical	Held	2	0	$136	+8.8%	0.00%
APTV	Aptiv PLC Consumer Cyclical	Held	2	0	$138	−9.2%	0.00%
NI	Nisource Inc. Utilities	Held	3	0	$139	+11.2%	0.00%
GL	Globe Life Inc. Financial Services	Held	1	0	$139	0.0%	0.00%
GEHC	GE HealthCare Technologies Inc. Healthcare	Held	2	0	$142	−13.4%	0.00%
VST	Vistra Corp. Utilities	Held	1	0	$150	−6.8%	0.00%
XEL	Xcel Energy Inc Utilities	Held	2	0	$158	+7.5%	0.00%
KEY	Keycorp /New/ Financial Services	Held	8	0	$160	−3.0%	0.00%
EVRG	Evergy, Inc. Utilities	Held	2	0	$163	+13.2%	0.00%
CHRW	C. H. Robinson Worldwide, Inc. Industrials	Held	1	0	$166	+3.8%	0.00%
NUE	Nucor Corp Basic Materials	Held	1	0	$169	+3.7%	0.00%
IVZ	Invesco Ltd. Financial Services	Held	7	0	$170	−7.1%	0.00%
EBAY	Ebay Inc Consumer Cyclical	Held	2	0	$182	+4.6%	0.00%
PSX	Phillips 66 Energy	Held	1	0	$182	+41.1%	0.00%
VRSK	Verisk Analytics, Inc. Industrials	Reduced	1	-250	$189	−99.7%	0.00%
SO	Southern Co Utilities	Held	2	0	$193	+10.9%	0.00%
PGR	Progressive Corp/Oh/ Financial Services	Held	1	0	$198	−12.8%	0.00%
MTB	M&T Bank Corp Financial Services	Held	1	0	$206	+2.5%	0.00%
HSY	Hershey Co Consumer Defensive	Held	1	0	$207	+14.4%	0.00%
PNC	Pnc Financial Services Group, Inc. Financial Services	Held	1	0	$208	0.0%	0.00%
DOV	DOVER Corp Industrials	Held	1	0	$208	+6.7%	0.00%
PODD	Insulet Corp Healthcare	Held	1	0	$209	−26.4%	0.00%
PKG	Packaging Corp Of America Consumer Cyclical	Held	1	0	$212	+2.9%	0.00%
CVS	CVS HEALTH Corp Healthcare	Held	3	0	$215	−9.7%	0.00%
ROST	Ross Stores, Inc. Consumer Cyclical	Held	1	0	$216	+20.0%	0.00%
C	Citigroup Inc Financial Services	Held	2	0	$226	−3.0%	0.00%
HON	Honeywell International Inc Industrials	Reduced	1	-53	$226	−97.9%	0.00%
WM	Waste Management Inc Industrials	Held	1	0	$229	+4.6%	0.00%
PHM	Pultegroup Inc/Mi/ Consumer Cyclical	Held	2	0	$235	+0.4%	0.00%
ADSK	Autodesk, Inc. Technology	Held	1	0	$239	−19.3%	0.00%
TXT	Textron Inc Industrials	Held	3	0	$262	+0.4%	0.00%
CI	Cigna Group Healthcare	Held	1	0	$266	−3.3%	0.00%
KR	Kroger Co Consumer Defensive	Held	4	0	$289	+16.1%	0.00%
RJF	Raymond James Financial Inc Financial Services	Held	2	0	$289	−10.0%	0.00%
MMM	3M Co Industrials	Held	2	0	$290	−9.4%	0.00%
ELV	Elevance Health, Inc. Healthcare	Held	1	0	$292	−16.6%	0.00%
KMI	Kinder Morgan, Inc. Energy	Held	9	0	$301	+21.9%	0.00%
INTC	Intel Corp Technology	Held	7	0	$308	+19.4%	0.00%
YUM	Yum Brands Inc Consumer Cyclical	Held	2	0	$310	+2.6%	0.00%