13F HOLDINGS REPORT

Exchange Capital Management, Inc.

Quarter ended Q2 2024 · Filed July 23, 2024 · Accession 0001104659-24-081772

Total Value

$613.9M

Positions

193

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (193)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Microsoft Corp	MSFT	72,733	$32.5M	5.30%
2	Alphabet Inc. CL A	GOOG	123,013	$22.4M	3.65%
3	Amazon.com Inc	AMZN	105,635	$20.4M	3.33%
4	Vanguard Sector Index Fds Vanguard Information Tec	92204A702	34,827	$20.1M	3.27%
5	WisdomTree Dynamic Ccy Hdgd Intl Eq ETF	WT	474,205	$16.2M	2.63%
6	Berkshire Hathaway Inc	BRK-A	38,382	$15.6M	2.54%
7	KLA-Tencor Corp	KLAC	16,424	$13.5M	2.21%
8	iShares Core S&P Small-Cap	464287804	105,854	$11.3M	1.84%
9	SPDR S&P MidCap 400 ETF	MDY	20,769	$11.1M	1.81%
10	Salesforce.com Inc	CRM	43,191	$11.1M	1.81%
11	ServiceNow Inc	NOW	13,618	$10.7M	1.75%
12	BlackRock Inc	BLK	13,392	$10.5M	1.72%
13	iShares Currency Hedged MSCI EAFE	46434V803	294,632	$10.5M	1.71%
14	Vanguard Financials ETF	92204A405	98,320	$9.8M	1.60%
15	iShares Core US Aggregate Bond	464287226	81,955	$8.0M	1.30%
16	Vanguard Health Care ETF	92204A504	29,046	$7.7M	1.26%
17	Vanguard Consumer Discretionary ETF	92204A108	24,599	$7.7M	1.25%
18	Guidewire Software Inc	GWRE	54,900	$7.6M	1.23%
19	Emerson Electric Co	EMR	68,627	$7.6M	1.23%
20	Fidelity MSCI Information Tech ETF	316092808	43,888	$7.5M	1.23%
21	iShares Core S&P Mid-Cap	464287507	128,628	$7.5M	1.23%
22	Merck & Co Inc	MRK	59,591	$7.4M	1.20%
23	Vanguard Telecommunication Services ETF	92204A884	53,335	$7.4M	1.20%
24	JPMorgan Chase & Co	VYLD	36,138	$7.3M	1.19%
25	Vanguard Industrials ETF	92204A603	26,793	$6.3M	1.03%
26	Monster Beverage Corp	MNST	124,804	$6.2M	1.02%
27	SPDR Portfolio S&P 400 Mid Cap ETF	78464A847	121,457	$6.2M	1.01%
28	Comcast Corp	CCZ	150,183	$5.9M	0.96%
29	Apple Inc	AAPL	27,752	$5.8M	0.95%
30	Schwab US Large-Cap ETF(TM)	808524201	88,514	$5.7M	0.93%
31	Home Depot Inc	HD	16,242	$5.6M	0.91%
32	Amgen Inc	AMGN	17,225	$5.4M	0.88%
33	Adobe Systems Inc	ADBE	9,649	$5.4M	0.87%
34	Veeva Systems Inc	VEEV	28,294	$5.2M	0.84%
35	Procter & Gamble Co	742718109	29,943	$4.9M	0.80%
36	SPDR S&P 1500 ETF	78464A805	74,331	$4.9M	0.80%
37	Invesco BulletShares 2024 Corp Bd ETF	IVZ	234,181	$4.9M	0.80%
38	Schwab US Mid-Cap ETF(TM)	808524508	61,315	$4.8M	0.78%
39	Vanguard Materials ETF	92204A801	24,503	$4.7M	0.77%
40	Biogen Idec Inc	BIIB	20,139	$4.7M	0.76%
41	Honeywell International Inc	438516106	21,122	$4.5M	0.73%
42	Invesco BulletShares 2025 Corp Bond ETF	IVZ	214,496	$4.4M	0.71%
43	Raytheon Technologies Ord	RTX	42,910	$4.3M	0.70%
44	Technology Select Sector SPDR ETF	81369Y803	18,647	$4.2M	0.69%
45	SPDR S&P 600 Small Cap ETF	78468R853	98,664	$4.1M	0.67%
46	Visa Inc	V	15,514	$4.1M	0.66%
47	Walt Disney Co	254687106	40,430	$4.0M	0.65%
48	Exxon Mobil Corporation	XOM	34,831	$4.0M	0.65%
49	Fidelity MSCI Health Care ETF	316092600	55,355	$3.8M	0.62%
50	Kenvue	KVUE	203,669	$3.7M	0.60%
51	PepsiCo Inc	PEP	21,977	$3.6M	0.59%
52	iShares Core MSCI Emerging Markets	46434G103	67,062	$3.6M	0.58%
53	Microchip Technology Inc	MCHPP	38,587	$3.5M	0.58%
54	Vanguard Utilities ETF	92204A876	23,462	$3.5M	0.57%
55	Invesco BulletShares 2029 Corp Bond ETF	IVZ	189,937	$3.4M	0.56%
56	Starbucks Corp	SBUX	44,021	$3.4M	0.56%
57	Vanguard Consumer Staples ETF	92204A207	16,140	$3.3M	0.53%
58	Lockheed Martin Corp	LMT	7,001	$3.3M	0.53%
59	Lam Research Corp	LRCX	3,068	$3.3M	0.53%
60	U.S. Bancorp	USB-PS	81,486	$3.2M	0.53%
61	General Dynamics Corp	GD	11,122	$3.2M	0.53%
62	Schwab US Small-Cap ETF(TM)	808524607	67,845	$3.2M	0.52%
63	Corteva Inc com	CTVA	57,839	$3.1M	0.51%
64	Invesco BulletShares 2028 Corp Bond ETF	IVZ	154,193	$3.1M	0.50%
65	Cheniere Energy Inc	LNG	17,420	$3.0M	0.50%
66	Zimmer Biomet Holdings INC	ZBH	28,029	$3.0M	0.50%
67	Invesco BulletShares 2026 Corp Bond ETF	IVZ	154,288	$3.0M	0.48%
68	Medtronic Inc	MDT	36,355	$2.9M	0.47%
69	Invesco BulletShares 2031 Corp Bond ETF	IVZ	174,313	$2.8M	0.45%
70	McDonald s Corp	MCD	10,757	$2.7M	0.45%
71	Vanguard Total Stock Market ETF	922908769	10,108	$2.7M	0.44%
72	Invesco BulletShares 2033 Corp Bond ETF	IVZ	129,535	$2.7M	0.43%
73	Invesco BulletShares 2027 Corp Bond ETF	IVZ	136,123	$2.6M	0.43%
74	PowerShares Build America Bond ETF	IVZ	98,869	$2.6M	0.42%
75	Lowe s Companies Inc	548661107	11,627	$2.6M	0.42%
76	Fidelity MSCI Consumer Discret ETF	316092204	31,349	$2.5M	0.41%
77	Gilead Sciences Inc	GILD	36,812	$2.5M	0.41%
78	iShares Short-Term National Muni Bond	464288158	24,144	$2.5M	0.41%
79	Johnson & Johnson	JNJ	16,677	$2.4M	0.40%
80	Invesco BulletShares 2032 Corp Bond ETF	IVZ	121,395	$2.4M	0.40%
81	iShares Core S&P 500	464287200	4,390	$2.4M	0.39%
82	Bank of America Corporation	060505104	58,312	$2.3M	0.38%
83	Moody s Corporation	MCO	5,344	$2.2M	0.37%
84	BNDBLXX BLMBRG 6 MNTH TRG US TR ETF	09789C788	44,388	$2.2M	0.36%
85	Applied Materials Inc	038222105	9,219	$2.2M	0.35%
86	WisdomTree International Hedged Quality Dividend G	WT	47,188	$2.2M	0.35%
87	Fidelity MSCI Industrials ETF	316092709	32,178	$2.1M	0.34%
88	Fidelity MSCI Financials ETF	316092501	35,699	$2.1M	0.34%
89	Valero Energy Corp	VLO	13,060	$2.0M	0.33%
90	Accenture PLC	ACN	6,698	$2.0M	0.33%
91	Invesco BulletShares 2030 Corp Bond ETF	IVZ	124,862	$2.0M	0.33%
92	Fidelity MSCI Telecommunication Svc ETF	316092873	36,657	$1.9M	0.31%
93	iShares iBonds 2024 High Yield Corp Bond ETF	46434VBG4	75,973	$1.9M	0.31%
94	Costco Wholesale Corp	22160K105	2,223	$1.9M	0.31%
95	Vanguard FTSE Emerging Markets ETF	922042858	42,747	$1.9M	0.30%
96	SPDR Kensho Clean Power ETF	78468R655	30,495	$1.8M	0.30%
97	Bristol-Myers Squibb Company	CELG-RI	43,919	$1.8M	0.30%
98	Eli Lilly and Co	LLY	1,960	$1.8M	0.29%
99	BNDBLXX BLMBRG 1 YR TRG US TR ETF	09789C861	35,715	$1.8M	0.29%
100	SPDR S&P 500 ETF	SPY	3,221	$1.8M	0.29%
101	Ecolab Inc	ECL	7,031	$1.7M	0.27%
102	Equifax Inc	EFX	6,518	$1.6M	0.26%
103	Roper Industries Inc	ROP	2,709	$1.5M	0.25%
104	Domino s Pizza Inc	DPZ	2,915	$1.5M	0.25%
105	ASML Holding NV	ASMLF	1,378	$1.4M	0.23%
106	Consumer Discret Sel Sect SPDR ETF	81369Y407	7,600	$1.4M	0.23%
107	Nike Inc	NKE	18,266	$1.4M	0.22%
108	SPDR Portfolio Mortgage Backed Bond ETF	78464A383	62,247	$1.3M	0.22%
109	WisdomTree Dyn Ccy Hdgd Intl SmCp Eq ETF	WT	38,450	$1.3M	0.22%
110	Industrial Select Sector SPDR ETF	81369Y704	10,603	$1.3M	0.21%
111	Schwab US Aggregate Bond ETF(TM)	808524839	27,030	$1.2M	0.20%
112	S&Pglobal Inc Com	SPGI	2,747	$1.2M	0.20%
113	iShares iBonds 2025 High Yield Corp Bond ETF	46434VBD1	49,222	$1.2M	0.20%
114	iShares National AMT-Free Muni Bond	464288414	11,320	$1.2M	0.20%
115	Union Pacific Corp	UNP	5,313	$1.2M	0.20%
116	Vanguard Tax-Exempt Bond ETF	922907746	23,675	$1.2M	0.19%
117	Ishares Ibonds Dec 2033 Term Treasury ETF	46436E148	49,151	$1.2M	0.19%
118	iShares iBoxx $ Invst Grade Crp Bond	464287242	10,561	$1.1M	0.18%
119	Alphabet Inc. CL C	GOOG	6,161	$1.1M	0.18%
120	Coca-Cola Co	KO	17,259	$1.1M	0.18%
121	QCR Holdings Inc	QCRH	18,250	$1.1M	0.18%
122	WisdomTree EmMkts ex-Stt-Ownd EntrprsETF	WT	34,617	$1.1M	0.17%
123	Fidelity MSCI Consumer Staples ETF	316092303	21,852	$1.0M	0.17%
124	Schwab US Broad Market ETF(TM)	808524102	16,265	$1.0M	0.17%
125	CMS Energy Corp	CMS-PC	16,692	$993,700	0.16%
126	iShares iBonds 2024 Term HY and Inc ETF	46435U184	42,520	$988,165	0.16%
127	Pfizer Inc	PFE	34,533	$966,223	0.16%
128	Masco Corp	MAS	14,308	$953,914	0.16%
129	Vanguard Small-Cap ETF	922908751	4,212	$918,411	0.15%
130	Fortinet, Inc.	FTNT	15,075	$908,570	0.15%
131	Etsy Inc com	ETSY	15,310	$902,984	0.15%
132	Intercontinental Exchange Inc	45866F104	6,531	$894,029	0.15%
133	Fidelity MSCI Materials ETF	316092881	18,064	$892,884	0.15%
134	Unilever PLC	UNLYF	15,702	$863,453	0.14%
135	iShares iBonds 2026 Corp Bond ETF	46435GAA0	35,878	$854,606	0.14%
136	Linde plc	LIN	1,934	$848,659	0.14%
137	Canadian National Railway Co	136375102	7,105	$839,314	0.14%
138	Workday Inc	WDAY	3,721	$831,867	0.14%
139	NextEra Energy Inc	NEE-PW	11,231	$795,267	0.13%
140	CME Group Inc	CME	3,634	$714,444	0.12%
141	Constellation Brands Inc	STZ	2,745	$706,250	0.12%
142	Clorox Co	CLX	4,996	$681,804	0.11%
143	iShares iBonds 2027 Corp Bond ETF	46435UAA9	28,546	$677,387	0.11%
144	Chevron Corp	CVX	4,230	$661,657	0.11%
145	Oracle Corporation	ORCL-PD	4,259	$601,371	0.10%
146	Teradyne Inc	TER	3,806	$564,392	0.09%
147	iShares iBonds 2025 Muni Bond ETF	46435U432	20,930	$554,331	0.09%
148	Core Laboratories NV	CLB	27,259	$553,085	0.09%
149	WisdomTree Emerging Mkts Qual Div Gr ETF	WT	20,027	$528,513	0.09%
150	SPDR S&P Bank ETF	78464A797	10,796	$500,826	0.08%
151	iShares MSCI Emerging Mkts ex China ETF	46434G764	8,053	$476,738	0.08%
152	Autodesk Inc.	ADSK	1,831	$453,081	0.07%
153	WisdomTree Emerging Markets SmCp Div ETF	WT	8,782	$451,746	0.07%
154	iShares Global Clean Energy	464288224	33,342	$444,115	0.07%
155	Fidelity MSCI Utilities ETF	316092865	10,039	$441,330	0.07%
156	Financial Select Sector SPDR ETF	81369Y605	10,534	$433,053	0.07%
157	General Electric Co	369604301	2,683	$426,517	0.07%
158	Wal-Mart Stores Inc	WMT	6,150	$416,429	0.07%
159	3M Co	MMM	4,065	$415,408	0.07%
160	Vanguard FTSE Developed Markets ETF	921943858	8,363	$413,318	0.07%
161	Health Care Select Sector SPDR ETF	81369Y209	2,800	$408,100	0.07%
162	Comerica Inc	200340107	7,618	$388,823	0.06%
163	DIMENSIONAL U S CORE EQUITY 2 ETF	25434V708	11,887	$383,237	0.06%
164	Materials Select Sector SPDR ETF	81369Y100	4,276	$377,578	0.06%
165	Global X S&P 500 Catholic Values ETF	37954Y889	5,708	$373,303	0.06%
166	AT&T Inc	T-PC	18,701	$357,371	0.06%
167	iShares iBonds 2029 Muni Bond ETF	46436E163	13,689	$340,309	0.06%
168	Caterpillar Inc	CAT	1,016	$338,430	0.06%
169	Intel Corp	INTC	10,646	$329,718	0.05%
170	iShares iBonds 2028 Muni Bond ETF	46435U325	13,129	$328,488	0.05%
171	iShares iBonds 2027 Muni Bond ETF	46435U283	13,111	$327,906	0.05%
172	Invesco FTSE RAFI US 1000 ETF	IVZ	8,580	$325,611	0.05%
173	iShares iBonds 2026 Muni Bond ETF	46435U259	12,754	$322,931	0.05%
174	Verizon Communications Inc	VZ	7,759	$319,968	0.05%
175	Charles Schwab Corp	SCHW-PJ	4,243	$312,667	0.05%
176	Vanguard 500 ETF	922908363	612	$306,080	0.05%
177	Schwab Short-Term US Treasury ETF(TM)	808524862	5,909	$284,386	0.05%
178	GlaxoSmithKline PLC	GLAXF	7,254	$279,279	0.05%
179	Vanguard Growth ETF	922908736	725	$271,173	0.04%
180	iShares iBonds 2025 High Yield Corp Bond ETF	46435U168	11,523	$268,198	0.04%
181	iShares S&P 500 Growth	464287309	2,772	$256,521	0.04%
182	Aspen Technology Inc	29109X106	1,282	$254,644	0.04%
183	Stryker Corporation	SYK	740	$251,785	0.04%
184	Schwab Fundamental US Small Company ETF	808524763	4,496	$246,920	0.04%
185	iShares iBonds 2028 Corp Bond ETF	46435U515	9,898	$245,181	0.04%
186	PowerShares Dynamic Large Cap Growth ETF	IVZ	2,577	$243,410	0.04%
187	Southern Co	SOMN	3,056	$237,054	0.04%
188	Compass Minerals International Inc	COMP	22,382	$231,208	0.04%
189	FIDELITY WISE ORIGIN BITCOIN FUND	FBTC	4,300	$225,578	0.04%
190	iShares Russell 1000 Growth	464287614	610	$222,351	0.04%
191	iShares 7-10 Year Treasury Bond	464287440	2,251	$210,806	0.03%
192	Ford Motor Co	345370860	13,236	$165,984	0.03%
193	Sirius XM Holdings Inc	SIRI	40,305	$114,063	0.02%