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Institutional Investment Manager
ARCADIA INVESTMENT MANAGEMENT CORP/MI
ARCADIA INVESTMENT MANAGEMENT CORP/MI (CIK: 0001016972) incorporated in Michigan, located at 161 East Michigan Avenue, Kalamazoo, MI. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 491 holdings with a total value of $306,852,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 ISHARES RUSSELL 2000 GROWTH ETF 1,975 271,000 0.09%
102 JACOBS ENGR GROUP INC 5,423 270,000 0.09%
103 VERIZON COMMUNICATIONS INC 4,696 262,000 0.09%
104 UNITED PARCEL SERVICE INC 2,263 244,000 0.08%
105 CINTAS CORP 2,400 236,000 0.08%
106 SPDR S&P MIDCAP 400 ETF TR 852 232,000 0.08%
107 GRAINGER W W INC 1,000 227,000 0.07%
108 WAL-MART STORES INC 3,035 222,000 0.07%
109 BRISTOL MYERS SQUIBB CO 2,950 217,000 0.07%
110 CLEAN HARBORS INC 4,115 214,000 0.07%
111 ISHARES TR 3,741 209,000 0.07%
112 PROCTER AND GAMBLE CO 2,426 205,000 0.07%
113 VISA INC 2,700 200,000 0.07%
114 WISDOMTREE TR 8,810 199,000 0.06%
115 BLACKROCK MUNIY MICHIGAN 12,651 196,000 0.06% PRN
116 S&P GLOBAL INC 1,680 180,000 0.06%
117 GENTEX CORP 11,600 179,000 0.06%
118 CLOROX CO DEL 1,287 178,000 0.06%
119 AMERICAN WTR WKS CO INC NEW 2,000 169,000 0.06%
120 AT&T INC 3,922 169,000 0.06%
121 WISDOMTREE TR 2,385 159,000 0.05%
122 ISHARES TR MSCI UTD KNGDM 10,200 157,000 0.05%
123 COCA COLA CO 3,469 157,000 0.05%
124 ISHARES 4,800 155,000 0.05%
125 CVS HEALTH CORP 1,605 154,000 0.05%
126 ISHARES RUSSELL 2000 VALUE ETF 1,560 152,000 0.05%
127 AQUA AMERICA INC 4,150 148,000 0.05%
128 MEDTRONIC PLC 1,700 148,000 0.05%
129 SYSCO CORP 2,831 144,000 0.05%
130 COLGATE PALMOLIVE CO 1,800 132,000 0.04%
131 WEC ENERGY GROUP INC 2,000 131,000 0.04%
132 UNION PAC CORP 1,507 131,000 0.04%
133 VANGUARD TAX-MANAGED FDS 3,477 123,000 0.04%
134 EMERSON ELEC CO 2,281 119,000 0.04%
135 TARGET CORP 1,700 119,000 0.04%
136 BP PLC 3,300 115,000 0.04%
137 CME GROUP INC 1,177 115,000 0.04%
138 SIMON PPTY GROUP INC NEW 505 110,000 0.04%
139 ALTRIA GROUP INC 1,570 108,000 0.04%
140 GOLDMAN SACHS GROUP INC 730 108,000 0.04%
141 BROADRIDGE FINL SOLUTIONS IN 1,600 104,000 0.03%
142 VANGUARD WHITEHALL FDS 1,395 100,000 0.03%
143 DENTSPLY SIRONA INC 1,595 99,000 0.03%
144 CONOCOPHILLIPS 2,241 98,000 0.03%
145 VANGUARD SPECIALIZED FUNDS 1,183 98,000 0.03%
146 HERSHEY CO 1,000 97,000 0.03%
147 ZIMMER BIOMET HLDGS INC 820 96,000 0.03%
148 PRICELINE GRP INC 76 95,000 0.03%
149 CELGENE CORP 963 95,000 0.03%
150 PHILLIPS 66 1,134 90,000 0.03%
Page 3 of 10

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001016972-16-000007, filed 2016.07.15).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.