ARCADIA INVESTMENT MANAGEMENT CORP/MI

CIK 1016972 · View on SEC EDGAR ↗

Portfolio value
$583.7M
#3,434 of 9,443 by 13F value · top 36.4%
Positions
366
As of
March 31, 2026 Data as of Q1 2026

Portfolio value QoQ: -5.2% 13F does not disclose cash

Top 10 holdings weight
42.92%
Top 25 holdings weight
72.07%
Positions above 1%
29
Effective number of positions
36.5

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q1 2026: 3.75% Est. buys $26,158,410 · sells $22,476,272

Median holding: 4.0 quarters Tracked Q4 2024–Q1 2026 · 78.4% still held

New positions
3
Increased
49
Decreased
67
Closed
24
On this page

Performance vs S&P 500

Tracked Q4 2024–Q1 2026
+5.1%
S&P 500 total return (same window)
+11.5%
Excess return
-6.4%

Annualized: +4.1% · S&P 500: +9.2%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 95.4% · Options excluded: 0.0%

Sector breakdown

Technology
37.8%
Health Care
14.4%
Retail
10.8%
Industrials
8.5%
Communication Services
7.5%
Financial Services
6.7%
Energy
3.7%
Materials
1.9%
Real Estate
1.5%
Utilities
1.2%
Consumer Discretionary
1.1%
Consumer Staples
0.3%
Financials
0.3%
Consumer products
0.2%
Logistics & Transportation
0.0%
Communications
0.0%
Telecommunication
0.0%
Packaging
0.0%
Other/Unmapped
4.2%

Full portfolio 366 positions

Type Streak 8Q trend
AVGO Broadcom Inc. - Common Stock $40,853,830 7.00% 131,995 $-6,375,040 Down ×5
NVDA NVIDIA Corporation - Common Stock $30,843,687 5.28% 176,856 $-2,058,457 Up ×1
AAPL Apple Inc. - Common Stock $25,584,153 4.38% 100,808 $-2,192,423 Down ×5
GOOGL Alphabet Inc. - Class A Common Stock $25,499,096 4.37% 88,674 $-2,614,251 Down ×5
COST Costco Wholesale Corporation - Common Stock $23,571,549 4.04% 23,656 $3,139,997 Down ×2
PANW Palo Alto Networks, Inc. - Common Stock $22,000,073 3.77% 137,226 $-3,048,733 Up ×2
SYK Stryker Corporation Common Stock $21,913,424 3.75% 66,689 $-1,293,880 Up ×1
MPWR Monolithic Power Systems, Inc. - Common Stock $21,758,759 3.73% 19,901 $3,438,504 Down ×2
MSFT Microsoft Corporation - Common Stock $20,539,161 3.52% 55,486 $-6,313,232 Down ×3
VTRS Viatris Inc. - Common Stock $17,959,195 3.08% 1,329,326 $16,938,295 Up ×1
V Visa Inc. $17,046,941 2.92% 56,402 $-2,586,156 Up ×1
TMO Thermo Fisher Scientific Inc Common Stock $15,888,216 2.72% 32,324 $-2,810,636 Up ×1
AMZN Amazon.com, Inc. - Common Stock $15,020,225 2.57% 72,119 $-1,563,500 Up ×1
SU Suncor Energy Inc. Common Stock $14,731,160 2.52% 222,828 $4,553,290 Down ×5
ICE Intercontinental Exchange Inc. Common Stock $14,286,844 2.45% 90,837 $-473,705 Down ×1
ORLY O'Reilly Automotive, Inc. - Common Stock $13,233,101 2.27% 143,355 $-449,950 Down ×3
ASML ASML Holding N.V. - New York Registry Shares $12,875,451 2.21% 9,748 $2,626,192 Up ×2
MINT $11,381,849 1.95% 113,173 $-4,201,455 Down ×3
GOOG Alphabet Inc. - Class C Capital Stock $11,011,695 1.89% 38,387 $-1,461,228 Down ×5
NOW ServiceNow, Inc. Common Stock $8,293,429 1.42% 79,325 $-3,236,417 Up ×4
LLY Eli Lilly and Company Common Stock $8,037,871 1.38% 8,739 $-1,076,491 Up ×1
VEEV Veeva Systems Inc. Class A Common Stock $7,692,503 1.32% 43,792 $-1,954,159 Up ×2
TT Trane Technologies plc $7,120,420 1.22% 17,086 $311,755 Down ×5
ACN Accenture plc Class A Ordinary Shares (Ireland) $6,997,456 1.20% 35,289 $-3,299,898 Down ×5
WSO Watsco, Inc. Common Stock $6,571,867 1.13% 18,065 $501,712 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $6,538,305 1.12% 11,428 $-191,315 Up ×5
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $6,370,711 1.09% 16,318 $-1,188,982 Up ×1
AXP American Express Company Common Stock $6,044,156 1.04% 19,982 $-1,594,942 Down ×5
SBUX Starbucks Corporation - Common Stock $5,958,388 1.02% 66,507 $-1,739,688 Down ×5
APD Air Products and Chemicals, Inc. Common Stock $5,703,191 0.98% 19,633 $510,089 Down ×1
ITW Illinois Tool Works Inc. Common Stock $5,486,393 0.94% 21,078 $-1,237,597 Down ×5
ADBE Adobe Inc. - Common Stock $5,164,964 0.88% 21,248 $-2,159,277 Up ×1
ZS Zscaler, Inc. - Common Stock $5,049,178 0.87% 35,991 $-2,713,486 Up ×5
CBRE CBRE Group Inc Common Stock Class A $4,980,323 0.85% 36,766 $-746,374 Up ×2
PSTG Everpure, Inc. Class A common stock $4,724,972 0.81% 80,030 $-272,634 Up ×5
ECL Ecolab Inc. Common Stock $4,140,602 0.71% 15,565 $-427,772 Down ×5
GFF Griffon Corporation Common Stock $3,972,471 0.68% 54,657 $-58,983 Down ×1
TSCO Tractor Supply Company - Common Stock $3,851,724 0.66% 85,027 $-666,030 Down ×5
TPL Texas Pacific Land Corporation Common Stock $3,779,873 0.65% 7,965 $1,492,165
DLR Digital Realty Trust, Inc. Common Stock $3,620,059 0.62% 20,088 $571,807 Up ×4
WMT Walmart Inc. - Common Stock $3,610,334 0.62% 29,050 $262,017 Down ×4
HD Home Depot, Inc. (The) Common Stock $3,593,782 0.62% 10,927 $-138,671 Up ×1
INTU Intuit Inc. - Common Stock $3,475,903 0.60% 8,039 $-1,723,432 Up ×1
IVV $3,279,768 0.56% 5,021 $-265,482 Down ×1
FAST Fastenal Company - Common Stock $3,179,514 0.54% 68,524 $-71,980 Down ×2
URI United Rentals, Inc. Common Stock $2,915,698 0.50% 4,002 $-347,481 Down ×3
ADP Automatic Data Processing, Inc. - Common Stock $2,726,681 0.47% 13,420 $-574,616 Up ×2
AAON AAON, Inc. - Common Stock $2,628,058 0.45% 31,759 $597,978 Up ×2
ORCL Oracle Corporation Common Stock $2,546,769 0.44% 17,312 $-915,223 Down ×5
WTRG Essential Utilities, Inc. Common Stock $2,544,058 0.44% 63,175 $63,125 Down ×2
EFA $2,489,248 0.43% 25,628 $8,985 Down ×3
MOD Modine Manufacturing Company Common Stock $2,369,291 0.41% 10,933 $1,254,081 Up ×2
AES The AES Corporation Common Stock $2,337,743 0.40% 165,915 $-123,217 Down ×1
MTZ MasTec, Inc. Common Stock $2,308,163 0.40% 7,174 $928,080 Up ×2
IR Ingersoll Rand Inc. Common Stock $2,015,099 0.35% 25,151 $8,773 Down ×3
BDX Becton, Dickinson and Company Common Stock $1,924,810 0.33% 12,242 $-520,472 Down ×5
PWR Quanta Services, Inc. Common Stock $1,794,747 0.31% 3,269 $575,415 Up ×1
BWXT BWX Technologies, Inc. Common Stock $1,654,120 0.28% 8,089 $425,400 Up ×2
BMY Bristol-Myers Squibb Company Common Stock $1,619,598 0.28% 26,704 $66,449 Down ×1
ISRG Intuitive Surgical, Inc. - Common Stock $1,614,848 0.28% 3,503 $-337,962 Up ×2
NEE NextEra Energy, Inc. Common Stock $1,569,765 0.27% 16,901 $249,078 Up ×1
PHR Phreesia, Inc. Common Stock $1,395,187 0.24% 166,490 $-940,873 Up ×5
MDLZ Mondelez International, Inc. - Class A Common Stock $1,279,954 0.22% 22,206 $-203,386 Down ×5
IWP $1,188,313 0.20% 9,275 $-81,806
HAL Halliburton Company Common Stock $1,106,342 0.19% 28,375 $211,913 Down ×4
DXCM DexCom, Inc. - Common Stock $1,057,866 0.18% 16,845 $455,226 Up ×1
NTNX Nutanix, Inc. - Class A Common Stock $987,842 0.17% 25,989 $-135,124 Up ×5
IWM $973,400 0.17% 3,925 $3,283 Down ×4
CVX Chevron Corporation Common Stock $921,533 0.16% 4,454 $199,262 Down ×1
DYN Dyne Therapeutics, Inc. - Common Stock $896,982 0.15% 49,475 $-39,453 Up ×1
ABT Abbott Laboratories Common Stock $862,928 0.15% 8,405 $442,095 Up ×2
ABBV AbbVie Inc. Common Stock $857,564 0.15% 3,943 $-68,506 Down ×5
SHOP Shopify Inc. - Class A Subordinate Voting Shares $830,340 0.14% 7,000 $-296,450
EEMA iShares MSCI Emerging Markets Asia ETF $813,940 0.14% 8,502 $25,394 Up ×3
JPM JP Morgan Chase & Co. Common Stock $809,535 0.14% 2,752 $603,314 Up ×1
RBC RBC Bearings Incorporated Common Stock $765,257 0.13% 1,409 $133,419
NFLX Netflix, Inc. - Common Stock $751,893 0.13% 7,820 $-14,127 Down ×1
SPGI S&P Global Inc. Common Stock $715,848 0.12% 1,683 $-163,671
EL Estee Lauder Companies, Inc. (The) Common Stock $698,825 0.12% 9,737 $-1,041,622 Down ×3
VWO $689,733 0.12% 12,761 $10,690 Up ×1
VCSH Vanguard Short-Term Corporate Bond ETF $589,531 0.10% 7,437 $-3,422
ATRO Astronics Corporation - Common Stock $563,936 0.10% 8,451 $105,553
FLO Flowers Foods, Inc. Common Stock $515,692 0.09% 63,275 $41,052 Up ×1
RPM RPM International Inc. Common Stock $510,121 0.09% 5,132 $-23,607
IWF $506,564 0.09% 1,188 $-55,717
WAT Waters Corporation Common Stock $484,521 0.08% 1,627 $484,141 Up ×1
SPY SPY $483,203 0.08% 743 $3,131 Up ×1
GPN Global Payments Inc. Common Stock $419,279 0.07% 6,230
FCX Freeport-McMoRan, Inc. Common Stock $412,812 0.07% 7,023 $56,113
GEV GE Vernova Inc. Common Stock $408,518 0.07% 468 Up ×1
EPD Enterprise Products Partners L.P. Common Stock $362,906 0.06% 9,591 $55,433
KNF Knife Riv Holding Co. Common Stock $357,138 0.06% 4,374 $39,578 Down ×4
AMAT Applied Materials, Inc. - Common Stock $343,499 0.06% 1,005 $85,224
BRKB $322,981 0.06% 674 $-15,806
MBLY Mobileye Global Inc. - Class A Common Stock $305,791 0.05% 44,511 $-156,086 Up ×1
PG Procter & Gamble Company (The) Common Stock $305,636 0.05% 2,116 $2,392
COHR Coherent Corp. Common Stock $289,187 0.05% 1,214 $65,119
FITB Fifth Third Bancorp - Common Stock $266,588 0.05% 5,738 $26,780 Up ×2
KNSL Kinsale Capital Group, Inc. Common Stock $265,812 0.05% 778 $-38,480
BR Broadridge Financial Solutions, Inc. Common Stock $259,968 0.04% 1,600 $-97,104

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
NOW $8,293,429 1.42% up ×4
META $6,538,305 1.12% up ×5
ZS $5,049,178 0.87% up ×5
PSTG $4,724,972 0.81% up ×5
DLR $3,620,059 0.62% up ×4
PHR $1,395,187 0.24% up ×5
NTNX $987,842 0.17% up ×5
EEMA $813,940 0.14% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
GPN $419,279 6,230 0.07%
GEV $408,518 468 0.07%
DHS $9,066 83 0.00%

Top movers (QoQ)

Security Action Shares Δ Value Δ
AVGO Trimmed -4K -$6.4M
MSFT Trimmed -38 -$6.3M
SU Trimmed -7K +$4.6M
MINT Trimmed -42K -$4.2M
MPWR Trimmed -312 +$3.4M
ACN Trimmed -3K -$3.3M
NOW Bought more +4K -$3.2M
COST Trimmed -37 +$3.1M
PANW Bought more +1K -$3.0M
TMO Bought more +54 -$2.8M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SH Dec. 31, 2025 45,960 $1,698,682 No longer tracked
MGRC March 31, 2026 15,997 $1,678,566 5.9%
MUSA March 31, 2026 4,080 $1,646,362 15.9%
NXST March 31, 2026 3,918 $795,550 2.8%
VMI Sept. 30, 2025 1,003 $327,550 25.5%
CYBR March 31, 2026 689 $307,336 No longer tracked
IBDQ Dec. 31, 2025 10,750 $270,793 No longer tracked
SLV March 31, 2026 3,885 $250,272 No longer tracked
GILD Sept. 30, 2025 2,000 $221,740 30.5%
BA Sept. 30, 2025 950 $199,054 -0.6%
LULU Sept. 30, 2025 800 $190,064 -33.8%
IAU March 31, 2026 2,328 $188,964 No longer tracked
QTWO March 31, 2025 1,776 $178,755 -21.0%
MOD June 30, 2025 2,300 $176,525 106.3%
ODFL Sept. 30, 2025 1,000 $162,300 47.6%
VOO June 30, 2025 301 $154,564 No longer tracked
PAY March 31, 2025 4,087 $133,523 45.9%
TNDM March 31, 2025 3,584 $129,096 16.1%
SAIA June 30, 2025 338 $118,084 33.3%
FRPT March 31, 2025 739 $109,535 -11.4%
CHKP Dec. 31, 2025 500 $103,455 -30.2%
VERX June 30, 2025 2,862 $100,228 -62.7%
SH June 30, 2025 2,187 $97,453 No longer tracked
PAR June 30, 2025 1,557 $95,507 -72.6%
FTAI June 30, 2025 815 $90,482 77.8%
NSSC March 31, 2025 2,429 $86,376 63.5%
ALL June 30, 2025 400 $82,828 27.3%
BECN June 30, 2025 650 $80,405 No longer tracked
UTI June 30, 2025 3,075 $78,966 -31.4%
AVAV June 30, 2025 657 $78,223 -43.5%
ON March 31, 2025 1,200 $75,660 84.6%
GPN Dec. 31, 2025 860 $71,449 19.6%
STRL March 31, 2025 419 $70,581 362.6%
ADC March 31, 2025 1,000 $70,450 -3.8%
AI March 31, 2025 2,000 $68,860 -50.6%
IWV Dec. 31, 2025 175 $66,315 No longer tracked
MEDP June 30, 2025 216 $65,805 94.1%
PRCT March 31, 2025 790 $63,611 -63.8%
AGYS March 31, 2025 463 $60,982 54.9%
PH June 30, 2025 100 $60,785 44.9%
GLBE March 31, 2025 1,087 $59,275 13.0%
DWX Sept. 30, 2025 1,400 $59,010 No longer tracked
LOAR June 30, 2025 831 $58,711 -13.2%
OLLI March 31, 2025 532 $58,377 -35.7%
SPSC March 31, 2025 310 $57,037 -40.5%
FANG Sept. 30, 2025 400 $54,960 47.9%
ONON March 31, 2025 968 $53,018 -31.7%
SKWD June 30, 2025 1,000 $52,870 -3.0%
APPF March 31, 2025 203 $50,085 -2.2%
HXL March 31, 2025 785 $49,220 72.7%
FLYW March 31, 2025 2,352 $48,499 96.4%
USAP March 31, 2025 1,058 $46,584 No longer tracked
MYRG March 31, 2025 313 $46,566 183.3%
RXST March 31, 2025 1,333 $45,829 -76.0%
GUNR March 31, 2025 1,125 $40,905 No longer tracked
VCEL June 30, 2025 870 $38,768 -1.2%
QNST March 31, 2025 1,639 $37,812 12.8%
MIDD March 31, 2026 250 $37,168 -15.3%
AORT June 30, 2025 1,493 $36,698 -9.7%
LSCC June 30, 2025 663 $34,775 141.3%
SLB June 30, 2025 745 $31,141 59.2%
KRUS March 31, 2025 339 $30,707 -6.3%
CMA March 31, 2026 330 $28,687 No longer tracked
RSG March 31, 2026 132 $27,975 0.3%
MNDY March 31, 2025 118 $27,782 -63.6%
FISV Dec. 31, 2025 211 $27,205 -23.3%
WLK Dec. 31, 2025 350 $26,971 6.9%
SDHC March 31, 2025 1,038 $26,615 -36.0%
CAVA March 31, 2025 224 $25,268 -15.9%
RAVI Dec. 31, 2025 334 $25,261 No longer tracked
PTEN Dec. 31, 2025 4,876 $25,258 102.3%
ATEC March 31, 2025 2,545 $23,364 -9.5%
OS March 31, 2025 756 $21,562 No longer tracked
IGF March 31, 2025 391 $20,438
RDIV March 31, 2025 410 $19,783 No longer tracked
NOBL Dec. 31, 2025 189 $19,481 No longer tracked
GTN Dec. 31, 2025 3,350 $19,363 2.4%
GNTX June 30, 2025 800 $18,640 9.1%
CSTL June 30, 2025 904 $18,117 59.3%
ELF March 31, 2025 110 $13,811 59.3%
TRMB Sept. 30, 2025 175 $13,297 -27.1%
DG June 30, 2025 150 $13,190 6.5%
CELH March 31, 2025 426 $11,221 -9.2%
EGY Dec. 31, 2025 2,700 $10,854 63.2%
SIBN March 31, 2025 688 $9,646 40.0%
VHT Sept. 30, 2025 35 $8,692 No longer tracked
LRCX Sept. 30, 2025 80 $7,788 134.5%
LNTH March 31, 2025 79 $7,068 2.8%
LYB June 30, 2025 100 $7,040 18.2%
NFRA Dec. 31, 2025 92 $5,789 No longer tracked
BLND March 31, 2025 703 $2,960 -55.2%
FHLC March 31, 2026 20 $1,486 No longer tracked
ENFN March 31, 2025 78 $804 No longer tracked
BCAB March 31, 2026 1,403 $797 -60.9%
PFF March 31, 2026 25 $774
SOLS March 31, 2026 13 $632 -25.0%
TMUS March 31, 2026 2 $407 -12.9%
EXC March 31, 2026 6 $262 -8.5%
EFX March 31, 2026 1 $217 8.1%
REG March 31, 2026 3 $208 1.2%
NCLH March 31, 2026 8 $179 -7.9%
SRE March 31, 2026 2 $177 -11.2%
PYPL March 31, 2026 3 $176 37.6%
CCL March 31, 2026 5 $153 -0.8%
LYV March 31, 2026 1 $143 19.5%
DUK March 31, 2026 1 $118 -6.7%
DVA March 31, 2026 1 $114 14.2%
ADX Sept. 30, 2025 1 $20 16.0%