Latest ARCADIA INVESTMENT MANAGEMENT CORP/MI Stock Portfolio

$565Million– No. of Holdings #307

ARCADIA INVESTMENT MANAGEMENT CORP/MI Performance:

2024 Q1: 7.46%YTD: 7.46%2023: 22.14%

Performance for 2024 Q1 is 7.46%, and YTD is 7.46%, and 2023 is 22.14%.

About ARCADIA INVESTMENT MANAGEMENT CORP/MI and 13F Hedge Fund Stock Holdings

ARCADIA INVESTMENT MANAGEMENT CORP/MI is a hedge fund based in KALAMAZOO, MI. On 24-Feb-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $503.8 Millions. In it's latest 13F Holdings report, ARCADIA INVESTMENT MANAGEMENT CORP/MI reported an equity portfolio of $565.5 Millions as of 31 Mar, 2024.

The top stock holdings of ARCADIA INVESTMENT MANAGEMENT CORP/MI are AVGO, MSFT, SYK. The fund has invested 4.6% of it's portfolio in BROADCOM INC and 4.6% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off EAST WEST BANCORP INC (EWBC), COMMERCIAL METALS CO (CMC) and NASDAQ INC (NDAQ) stocks. They significantly reduced their stock positions in DEXCOM INC (DXCM), PROSHARES TR (ALTS) and AMGEN INC (AMGN). ARCADIA INVESTMENT MANAGEMENT CORP/MI opened new stock positions in DYNE THERAPEUTICS INC (DYN), IDEXX LABS INC (IDXX) and SHOCKWAVE MED INC (SWAV). The fund showed a lot of confidence in some stocks as they added substantially to VAALCO ENERGY INC (EGY), PURE STORAGE INC (PSTG) and VANGUARD INDEX FDS (VOO).

ARCADIA INVESTMENT MANAGEMENT CORP/MI Equity Portfolio Value

Last Reported on: 23 Apr, 2024

ARCADIA INVESTMENT MANAGEMENT CORP/MI Annual Return Estimates Vs S&P 500

Our best estimate is that ARCADIA INVESTMENT MANAGEMENT CORP/MI made a return of 7.46% in the last quarter. In trailing 12 months, it's portfolio return was 21.11%.

New Buys

Ticker	$ Bought
dyne therapeutics inc	889,317
idexx labs inc	303,981
shockwave med inc	236,082
resmed inc	99,015
cyberark software ltd	34,001
vericel corp	26,780
jfrog ltd	25,610
monday com ltd	23,715

New stocks bought by ARCADIA INVESTMENT MANAGEMENT CORP/MI

Additions

Ticker	% Inc.
vaalco energy inc	9,600
pure storage inc	1,191
vanguard index fds	1,056
penumbra inc	902
mobileye global inc	453
texas pacific land corporati	152
tandem diabetes care inc	141
pacer fds tr	129

Additions to existing portfolio by ARCADIA INVESTMENT MANAGEMENT CORP/MI

Reductions

Ticker	% Reduced
dexcom inc	-95.17
proshares tr	-94.37
amgen inc	-90.15
mdu res group inc	-87.81
lowes cos inc	-85.23
bristol-myers squibb co	-78.3
trimble inc	-75.86
emerson elec co	-71.8

ARCADIA INVESTMENT MANAGEMENT CORP/MI reduced stake in above stock

Sold off

Ticker	$ Sold
commercial metals co	-635,158
nasdaq inc	-611,168
east west bancorp inc	-736,768
equitrans midstream corp	-101,800
sprott physical gold & silve	-143,625
walgreens boots alliance inc	-189,742
state str corp	-309,840
affirm hldgs inc	-122,850

ARCADIA INVESTMENT MANAGEMENT CORP/MI got rid off the above stocks

Sector Distribution

ARCADIA INVESTMENT MANAGEMENT CORP/MI has about 34.3% of it's holdings in Technology sector.

Sector	%
Technology	34.3
Healthcare	13.5
Consumer Cyclical	10.2
Industrials	9.6
Others	8.4
Financial Services	6.8
Consumer Defensive	6.7
Communication Services	4.6
Basic Materials	2.9
Real Estate	1.2

Market Cap. Distribution

ARCADIA INVESTMENT MANAGEMENT CORP/MI has about 88.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.7
MEGA-CAP	35.6
UNALLOCATED	8.4
MID-CAP	2.6

Stocks belong to which Index?

About 0% of the stocks held by ARCADIA INVESTMENT MANAGEMENT CORP/MI either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
MNDY	monday com ltd
NVDA	nvidia corporation	80.3 %
EGY	vaalco energy inc	57.0 %
KNSL	kinsale cap group inc	56.3 %
KRUS	kura sushi usa inc	47.6 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	7.8 M
SYK	stryker corporation	4.2 M
AVGO	broadcom inc	4.2 M
MSFT	microsoft corp	2.7 M
ORLY	oreilly automotive inc	2.1 M

Top 5 Losers (%)		%
AEHR	aehr test sys	-53.3 %
ODFL	old dominion freight line in	-46.1 %
MTEM	molecular templates inc	-39.1 %
ADPT	adaptive biotechnologies cor	-34.5 %
UPST	upstart hldgs inc	-34.2 %

Top 5 Losers ($)		$
AAPL	apple inc	-2.6 M
ADBE	adobe inc	-1.8 M
ZS	zscaler inc	-1.0 M
APD	air prods & chems inc	-0.9 M
PANW	palo alto networks inc	-0.8 M

ARCADIA INVESTMENT MANAGEMENT CORP/MI Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ARCADIA INVESTMENT MANAGEMENT CORP/MI

ARCADIA INVESTMENT MANAGEMENT CORP/MI has 307 stocks in it's portfolio. About 37.2% of the portfolio is in top 10 stocks. AAPL proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for ARCADIA INVESTMENT MANAGEMENT CORP/MI last quarter.

Last Reported on: 23 Apr, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.64	120,010	20,579,400	reduced	-2.17

AAXJ	ishares tr	0.00	51.00	2,989	added	24.39

ABBV	abbvie inc	0.30	9,371	1,706,460	added	0.63

ABT	abbott labs	0.14	6,848	778,329	reduced	-22.15

ACB	aurora cannabis inc	0.00	4.00	18.00	new

ACB	aurora cannabis inc	0.00	0.00	0.00	sold off	-100

ACN	accenture plc ireland	3.22	52,517	18,202,900	reduced	-3.18

ACWF	ishares tr	0.09	20,275	507,889	unchanged	0.00

ACWF	ishares tr	0.06	13,750	341,138	unchanged	0.00

ACWF	ishares tr	0.00	450	26,033	unchanged	0.00

ACWV	ishares inc	0.11	8,919	607,474	reduced	-0.83

ADBE	adobe inc	1.77	19,890	10,036,500	added	3.49

ADP	automatic data processing in	0.69	15,521	3,876,220	reduced	-18.78

ADPT	adaptive biotechnologies cor	0.00	1,000	3,210	unchanged	0.00

AEHR	aehr test sys	0.00	380	4,705	unchanged	0.00

AFRM	affirm hldgs inc	0.00	0.00	0.00	sold off	-100

AFTY	pacer fds tr	0.13	14,565	716,016	added	129

AGG	ishares tr	0.76	53,604	4,280,820	reduced	-3.26

AGG	ishares tr	0.56	6,074	3,193,280	unchanged	0.00

AGG	ishares tr	0.34	9,256	1,946,540	reduced	-20.96