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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 (2016Q4)
Portfolio Summary: 320 holdings with a total value of $305,520,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 VISA INC 30,422 2,374,000 0.78%
52 BORGWARNER INC 58,499 2,307,000 0.76%
53 AUTOMATIC DATA PROCESSING IN 22,152 2,277,000 0.75%
54 UNITED NATURAL FOODSINC 47,715 2,277,000 0.75%
55 MEDIDATA SOLUTIONS INC 45,620 2,266,000 0.74%
56 AMTRUST FINL SVCS INC 82,070 2,247,000 0.74%
57 PERKINELMER INC 43,020 2,243,000 0.73%
58 BROADCOM LTD 11,099 1,962,000 0.64%
59 PFIZER INC 57,315 1,862,000 0.61%
60 ISHARES TR 12,542 1,691,000 0.55%
61 CAVIUM INC 26,594 1,661,000 0.54%
62 MAGELLAN MIDSTREAM PRTNRS LP 19,531 1,477,000 0.48%
63 BUFFALO WILD WINGS INC 9,336 1,441,000 0.47%
64 PEPSICO INC 13,450 1,407,000 0.46%
65 AMERICAN EXPRESS CO 17,642 1,307,000 0.43%
66 VANGUARD BD INDEX FDS 16,267 1,292,000 0.42%
67 ENTERPRISE PRODS PARTNERS L 46,746 1,264,000 0.41%
68 VALMONT INDS INC 8,135 1,146,000 0.38%
69 STATE STR CORP 14,695 1,142,000 0.37%
70 DICKS SPORTING GOODS INC 21,385 1,136,000 0.37%
71 WATSCO INC 7,585 1,123,000 0.37%
72 RPM INTL INC 19,000 1,023,000 0.33%
73 COOPER COS INC 5,430 950,000 0.31%
74 RYDEX ETF TRUST 10,490 909,000 0.30%
75 ISHARES TR 3,956 890,000 0.29%
76 SPDR INDEX SHS FDS 23,807 858,000 0.28%
77 ISHARES TR 14,556 840,000 0.27%
78 JOHNSON & JOHNSON 6,763 779,000 0.25%
79 ISHARES RUSSELL 2000 GROWTH ETF 4,645 715,000 0.23%
80 EXPEDITORS INTL WASH INC 13,441 712,000 0.23%
81 CHICAGO BRIDGE & IRON CO N V 22,365 710,000 0.23%
82 EXXON MOBIL CORP 7,061 637,000 0.21%
83 HOME DEPOT INC 4,665 625,000 0.20%
84 JPMORGAN CHASE & CO 6,860 592,000 0.19%
85 VANGUARD BD INDEX FDS 6,925 575,000 0.19%
86 MICROSOFT CORP 8,823 548,000 0.18%
87 FIRST TR MORNINGSTAR DIV LEA 19,336 537,000 0.18%
88 GILEAD SCIENCES INC 7,400 530,000 0.17%
89 VANGUARD INTL EQUITY INDEX F 14,652 524,000 0.17%
90 CHEVRON CORP NEW 4,433 522,000 0.17%
91 ISHARES TR 6,317 520,000 0.17%
92 3M CO 2,750 491,000 0.16%
93 GENERAL ELECTRIC CO 15,298 483,000 0.16%
94 WELLS FARGO & CO NEW 8,074 445,000 0.15%
95 WISDOMTREE TR 6,385 430,000 0.14%
96 METHODE ELECTRS INC COM 10,090 417,000 0.14%
97 ISHARES TR 3,801 399,000 0.13%
98 ISHARES TR 3,510 379,000 0.12%
99 ABBOTT LABS 9,783 376,000 0.12%
100 SPDR S&P MIDCAP 400 ETF TR 1,172 354,000 0.12%
Page 2 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001016972-17-000001, filed 2017.02.02).

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.