Exchange Capital Management, Inc.

CIK 1317733 · View on SEC EDGAR ↗

Portfolio value
$670.0M
#3,161 of 9,443 by 13F value · top 33.5%
Positions
206
As of
June 30, 2025 Data as of Q2 2025

Portfolio value QoQ: +8.7% 13F does not disclose cash

Top 10 holdings weight
27.63%
Top 25 holdings weight
49.11%
Positions above 1%
28
Effective number of positions
69.0

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

Turnover Q2 2025: 3.94% Est. buys $30,362,361 · sells $25,377,373

New positions
5
Increased
75
Decreased
107
Closed
6
On this page

Sector breakdown

Technology
15.6%
Healthcare
5.8%
Retail
5.1%
Industrials
5.1%
Communication Services
4.7%
Financial Services
3.7%
Financials
2.4%
Consumer Staples
1.7%
Energy
1.6%
Consumer products
1.4%
Consumer Discretionary
1.4%
Materials
1.1%
Utilities
0.2%
Telecommunication
0.1%
Other/Unmapped
50.2%

Full portfolio 206 positions

Type Streak 8Q trend
MSFT Microsoft Corporation - Common Stock $35,797,250 5.34% 71,967 $8,566,732 Down ×1
VGT $24,600,913 3.67% 37,090 $4,313,868 Down ×1
AMZN Amazon.com, Inc. - Common Stock $21,775,116 3.25% 99,253 $2,856,613 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $20,531,681 3.06% 116,505 $2,283,233 Down ×2
DDWM $17,515,257 2.61% 441,635 $837,732 Down ×2
BRKB $14,909,357 2.23% 30,692 $-1,769,565 Down ×2
BLK BlackRock, Inc. Common Stock $12,833,459 1.92% 12,231 $1,055,398 Down ×2
VFH $12,732,893 1.90% 100,023 $775,566 Down ×1
HEFA $12,356,924 1.84% 325,525 $1,137,186 Up ×2
SPMD $12,102,251 1.81% 222,550 $1,563,552 Up ×2
NOW ServiceNow, Inc. Common Stock $11,625,529 1.74% 11,308 $2,471,511 Down ×2
KLAC KLA Corporation - Common Stock $11,360,677 1.70% 12,683 $2,477,051 Down ×2
MDY $11,245,761 1.68% 19,852 $559,623 Down ×2
VHT $10,944,213 1.63% 44,069 $262,005 Up ×2
CRM Salesforce, Inc. Common Stock $10,663,270 1.59% 39,104 $-44,562 Down ×2
VIS $9,948,946 1.48% 35,523 $1,384,954 Up ×2
VCR $9,945,464 1.48% 27,449 $1,576,488 Up ×2
IJR $9,688,249 1.45% 88,647 $126,141 Down ×2
JPM JP Morgan Chase & Co. Common Stock $9,497,960 1.42% 32,762 $1,323,305 Down ×2
VOX $8,604,992 1.28% 50,313 $958,799 Down ×1
VEEV Veeva Systems Inc. Class A Common Stock $8,430,902 1.26% 29,276 $1,571,643 Down ×2
EMR Emerson Electric Company Common Stock $8,428,077 1.26% 63,212 $1,357,929 Down ×2
SPSM $8,034,762 1.20% 188,609 $1,076,218 Up ×2
MNST Monster Beverage Corporation - Common Stock $7,817,723 1.17% 124,804 $514,193
SPTM $7,679,629 1.15% 102,545 $1,181,243 Up ×2
AAPL Apple Inc. - Common Stock $7,211,595 1.08% 35,149 $161,108 Up ×1
FTEC $6,888,361 1.03% 34,927 $951,481 Down ×2
AGG $6,835,921 1.02% 68,910 $283,412 Up ×1
GWRE Guidewire Software, Inc. Common Stock $6,489,826 0.97% 27,564 $-1,231,373 Down ×2
RTX RTX Corporation Common Stock $6,331,668 0.95% 43,362 $488,644 Down ×2
BBBS $6,094,865 0.91% 118,577 $2,382,387 Up ×2
HON Honeywell International Inc. - Common Stock $5,839,281 0.87% 25,074 $800,442 Up ×2
VPU $5,722,898 0.85% 32,423 $415,581 Up ×2
IJH $5,449,007 0.81% 87,859 $-59,692 Down ×2
MYCI State Street My2029 Corporate Bond ETF $5,328,666 0.80% 213,531 $1,610,956 Up ×2
GILD Gilead Sciences, Inc. - Common Stock $5,116,308 0.76% 46,147 $-50,079 Up ×1
HD Home Depot, Inc. (The) Common Stock $5,113,804 0.76% 13,948 $-86,957 Down ×2
MYCH State Street My2028 Corporate Bond ETF $4,984,857 0.74% 199,036 $1,470,229 Up ×2
VAW $4,879,526 0.73% 25,045 $131,521 Down ×1
LNG Cheniere Energy, Inc. Common Stock $4,845,804 0.72% 19,899 $489,468 Up ×2
CMCSA Comcast Corporation - Class A Common Stock $4,770,611 0.71% 133,668 $-37,902 Up ×2
V Visa Inc. $4,644,270 0.69% 13,081 $-188,786 Down ×2
AMGN Amgen Inc. - Common Stock $4,597,386 0.69% 16,466 $-618,481 Down ×2
DIS Walt Disney Company (The) Common Stock $4,475,645 0.67% 36,091 $245,363 Down ×2
PG Procter & Gamble Company (The) Common Stock $4,474,561 0.67% 28,085 $-443,312 Down ×2
VDC $4,417,246 0.66% 20,170 $349,463 Up ×2
MRK Merck & Company, Inc. Common Stock (new) $4,402,596 0.66% 55,616 $-742,664 Down ×2
CTVA Corteva, Inc. Common Stock $4,240,860 0.63% 56,901 $670,189 Up ×2
IEMG $4,236,368 0.63% 70,571 $490,465 Up ×2
COST Costco Wholesale Corporation - Common Stock $4,110,231 0.61% 4,152 $1,280,457 Up ×2
KVUE Kenvue Inc. Common Stock $3,921,575 0.59% 187,366 $-703,016 Down ×1
XLK XLK $3,824,026 0.57% 15,101 $632,465 Down ×2
JNJ Johnson & Johnson Common Stock $3,776,670 0.56% 24,725 $228,769 Up ×2
SCHX $3,706,705 0.55% 151,666 $-15,707 Down ×2
SBUX Starbucks Corporation - Common Stock $3,688,386 0.55% 40,253 $-379,006 Down ×2
ADBE Adobe Inc. - Common Stock $3,595,469 0.54% 9,294 $770,579 Up ×1
MDT Medtronic plc. Ordinary Shares $3,576,193 0.53% 41,026 $38,629 Up ×2
IHDG $3,499,246 0.52% 77,675 $559,634 Up ×2
XOM Exxon Mobil Corporation Common Stock $3,487,331 0.52% 32,350 $-421,185 Down ×2
BSCX Invesco BulletShares 2033 Corporate Bond ETF $3,423,917 0.51% 161,506 $-42,772 Down ×2
MYCN State Street My2034 Corporate Bond ETF $3,405,506 0.51% 138,616 $1,117,822 Up ×2
MYCJ State Street My2030 Corporate Bond ETF $3,378,897 0.50% 135,739 $2,202,972 Up ×2
MCD McDonald's Corporation Common Stock $3,285,452 0.49% 11,245 $-176,232 Up ×2
FHLC $3,171,859 0.47% 49,599 $-318,886 Down ×2
BSCV Invesco BulletShares 2031 Corporate Bond ETF $3,123,472 0.47% 188,958 $-40,345 Down ×2
GD General Dynamics Corporation Common Stock $3,070,451 0.46% 10,528 $118,546 Down ×2
LMT Lockheed Martin Corporation Common Stock $3,061,362 0.46% 6,610 $110,842 Up ×1
BSCW Invesco BulletShares 2032 Corporate Bond ETF $3,057,063 0.46% 148,401 $-35,511 Down ×2
XTWO $2,864,733 0.43% 57,821 $-183,679 Down ×1
USB U.S. Bancorp Common Stock $2,775,137 0.41% 61,329 $-414,837 Down ×2
DDLS $2,764,792 0.41% 69,995 $432,489 Up ×2
LRCX Lam Research Corporation - Common Stock $2,680,865 0.40% 27,541 $609,188 Down ×2
FDIS $2,667,534 0.40% 28,357 $210,161 Down ×2
MYCG State Street My2027 Corporate Bond ETF $2,601,111 0.39% 104,012 $1,876,840 Up ×2
MYCF State Street My2026 Corporate Bond ETF $2,558,603 0.38% 101,977 $1,989,738 Up ×2
SCHM $2,546,752 0.38% 90,793 $-127,725 Down ×2
BMY Bristol-Myers Squibb Company Common Stock $2,541,016 0.38% 54,893 $-793,515 Up ×2
XONE $2,528,611 0.38% 50,949 $-251,831 Down ×1
VTI $2,467,912 0.37% 8,120 $-55,640 Down ×2
MCHP Microchip Technology Incorporated - Common Stock $2,452,852 0.37% 34,857 $664,758 Down ×2
PEP PepsiCo, Inc. - Common Stock $2,442,958 0.36% 18,502 $-620,484 Down ×2
FNCL $2,365,957 0.35% 31,955 $80,757 Down ×2
FIDU $2,337,969 0.35% 30,156 $220,557 Down ×2
LOW Lowe's Companies, Inc. Common Stock $2,334,294 0.35% 10,521 $-138,410 Down ×2
MCO Moody's Corporation Common Stock $2,281,233 0.34% 4,548 $72,931 Down ×2
BAC Bank of America Corporation Common Stock $2,276,326 0.34% 48,105 $126,028 Down ×2
CNRG $2,159,885 0.32% 36,344 $738,410 Up ×2
EFX Equifax, Inc. Common Stock $2,037,870 0.30% 7,857 $106,196 Down ×1
VWO $2,036,610 0.30% 41,177 $124,651 Down ×2
FCOM $2,001,276 0.30% 30,879 $147,277 Down ×2
ECL Ecolab Inc. Common Stock $1,946,435 0.29% 7,224 $153,035 Up ×2
ZBH Zimmer Biomet Holdings, Inc. Common Stock $1,942,819 0.29% 21,301 $-1,165,274 Down ×1
ACN Accenture plc Class A Ordinary Shares (Ireland) $1,935,014 0.29% 6,474 $-134,747 Down ×1
FTNT Fortinet, Inc. - Common Stock $1,859,403 0.28% 17,588 $259,562 Up ×2
GOOG Alphabet Inc. - Class C Capital Stock $1,837,938 0.27% 10,361 $201,273 Down ×2
ROP Roper Technologies, Inc. - Common Stock $1,769,674 0.26% 3,122 $25,107 Up ×2
SPY SPY $1,742,955 0.26% 2,821 $72,616 Down ×2
BSCP Invesco BulletShares 2025 Corporate Bond ETF $1,739,082 0.26% 84,095 $-967,768 Down ×2
VLO Valero Energy Corporation Common Stock $1,717,216 0.26% 12,775 $22,098 Down ×1
IVV $1,672,303 0.25% 2,693 $-9,100 Down ×2

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
GEV $334,952 633 0.05%
NVDA $250,578 1,586 0.04%
IBTI $249,962 11,179 0.04%
PANW $249,047 1,217 0.04%
ACWI $239,805 1,865 0.04%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MSFT Trimmed -572 +$8.6M
VGT Trimmed -314 +$4.3M
AMZN Trimmed -182 +$2.9M
KLAC Trimmed -385 +$2.5M
NOW Trimmed -190 +$2.5M
BBBS Bought more +46K +$2.4M
GOOGL Trimmed -2K +$2.3M
BSCQ Trimmed -115K -$2.2M
MYCJ Bought more +88K +$2.2M
BSCR Trimmed -102K -$2.0M

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
STZ March 31, 2025 2,519 $556,603 -26.8%
SPMB June 30, 2025 22,806 $502,868 No longer tracked
ETSY June 30, 2025 7,595 $358,332 60.9%
AZPN March 31, 2025 1,179 $294,314 No longer tracked
LQD March 31, 2025 2,746 $293,398 No longer tracked
BAB June 30, 2025 10,595 $282,675 No longer tracked
IBHE March 31, 2025 11,602 $269,166 No longer tracked
WEC June 30, 2025 2,182 $237,794 4.2%
GEV March 31, 2025 663 $218,081 217.8%
IWM March 31, 2025 956 $211,238 No longer tracked
SCHZ June 30, 2025 9,058 $209,783 No longer tracked
AEE June 30, 2025 2,025 $203,310 13.0%
FITB March 31, 2025 4,767 $201,549 40.4%