13F HOLDINGS REPORT

Exchange Capital Management, Inc.

Quarter ended Q3 2024 · Filed November 1, 2024 · Accession 0001104659-24-113302

Total Value

$628.0M

Positions

194

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (194)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Microsoft Corp	MSFT	70,880	$30.5M	4.86%
2	Vanguard Sector Index Fds Vanguard Information Tec	92204A702	34,546	$20.3M	3.23%
3	Alphabet Inc. CL A	GOOG	119,099	$19.8M	3.15%
4	Amazon.com Inc	AMZN	102,758	$19.1M	3.05%
5	Berkshire Hathaway Inc	BRK-A	36,724	$16.9M	2.69%
6	WisdomTree Dynamic Ccy Hdgd Intl Eq ETF	WT	460,903	$16.5M	2.63%
7	BlackRock Inc	BLK	12,875	$12.2M	1.95%
8	ServiceNow Inc	NOW	13,194	$11.8M	1.88%
9	iShares Core S&P Small-Cap	464287804	99,045	$11.6M	1.84%
10	SPDR S&P MidCap 400 ETF	MDY	20,296	$11.6M	1.84%
11	Salesforce.com Inc	CRM	41,130	$11.3M	1.79%
12	iShares Currency Hedged MSCI EAFE	46434V803	303,141	$10.7M	1.71%
13	Vanguard Financials ETF	92204A405	97,527	$10.7M	1.71%
14	KLA-Tencor Corp	KLAC	13,442	$10.4M	1.66%
15	Guidewire Software Inc	GWRE	50,856	$9.3M	1.48%
16	SPDR Portfolio S&P 400 Mid Cap ETF	78464A847	158,843	$8.7M	1.38%
17	Vanguard Health Care ETF	92204A504	29,905	$8.4M	1.34%
18	Vanguard Consumer Discretionary ETF	92204A108	24,526	$8.4M	1.33%
19	Vanguard Telecommunication Services ETF	92204A884	51,836	$7.5M	1.20%
20	iShares Core US Aggregate Bond	464287226	74,072	$7.5M	1.19%
21	Vanguard Industrials ETF	92204A603	28,406	$7.4M	1.18%
22	Emerson Electric Co	EMR	66,694	$7.3M	1.16%
23	JPMorgan Chase & Co	VYLD	34,170	$7.2M	1.15%
24	Fidelity MSCI Information Tech ETF	316092808	41,191	$7.2M	1.14%
25	iShares Core S&P Mid-Cap	464287507	112,196	$7.0M	1.11%
26	Merck & Co Inc	MRK	57,907	$6.6M	1.05%
27	Monster Beverage Corp	MNST	124,804	$6.5M	1.04%
28	Home Depot Inc	HD	15,715	$6.4M	1.01%
29	Veeva Systems Inc	VEEV	29,784	$6.3M	1.00%
30	Apple Inc	AAPL	26,441	$6.2M	0.98%
31	Comcast Corp	CCZ	146,970	$6.1M	0.98%
32	SPDR S&P 600 Small Cap ETF	78468R853	128,205	$5.8M	0.93%
33	SPDR S&P 1500 ETF	78464A805	79,305	$5.6M	0.88%
34	Amgen Inc	AMGN	16,871	$5.4M	0.87%
35	Vanguard Materials ETF	92204A801	24,336	$5.1M	0.82%
36	Raytheon Technologies Ord	RTX	42,352	$5.1M	0.82%
37	Procter & Gamble Co	742718109	29,393	$5.1M	0.81%
38	Schwab US Large-Cap ETF(TM)	808524201	73,959	$5.0M	0.80%
39	Adobe Systems Inc	ADBE	9,315	$4.8M	0.77%
40	Invesco BulletShares 2024 Corp Bd ETF	IVZ	225,562	$4.8M	0.76%
41	Vanguard Utilities ETF	92204A876	26,765	$4.7M	0.74%
42	Kenvue	KVUE	194,567	$4.5M	0.72%
43	Honeywell International Inc	438516106	21,149	$4.4M	0.70%
44	Invesco BulletShares 2025 Corp Bond ETF	IVZ	208,069	$4.3M	0.68%
45	Starbucks Corp	SBUX	43,241	$4.2M	0.67%
46	Visa Inc	V	14,614	$4.0M	0.64%
47	Exxon Mobil Corporation	XOM	34,112	$4.0M	0.64%
48	Lockheed Martin Corp	LMT	6,791	$4.0M	0.63%
49	Fidelity MSCI Health Care ETF	316092600	53,960	$3.9M	0.63%
50	Gilead Sciences Inc	GILD	46,627	$3.9M	0.62%
51	iShares Core MSCI Emerging Markets	46434G103	67,373	$3.9M	0.62%
52	Schwab US Mid-Cap ETF(TM)	808524508	46,289	$3.8M	0.61%
53	Invesco BulletShares 2029 Corp Bond ETF	IVZ	199,272	$3.7M	0.60%
54	Walt Disney Co	254687106	38,913	$3.7M	0.60%
55	Invesco BulletShares 2033 Corp Bond ETF	IVZ	169,842	$3.7M	0.58%
56	Technology Select Sector SPDR ETF	81369Y803	16,069	$3.6M	0.58%
57	PepsiCo Inc	PEP	21,283	$3.6M	0.58%
58	Vanguard Consumer Staples ETF	92204A207	16,500	$3.6M	0.57%
59	U.S. Bancorp	USB-PS	78,602	$3.6M	0.57%
60	Cheniere Energy Inc	LNG	18,526	$3.3M	0.53%
61	Invesco BulletShares 2031 Corp Bond ETF	IVZ	198,776	$3.3M	0.53%
62	General Dynamics Corp	GD	10,944	$3.3M	0.53%
63	Corteva Inc com	CTVA	55,868	$3.3M	0.52%
64	Medtronic Inc	MDT	36,320	$3.3M	0.52%
65	Invesco BulletShares 2032 Corp Bond ETF	IVZ	155,180	$3.3M	0.52%
66	Invesco BulletShares 2028 Corp Bond ETF	IVZ	157,986	$3.2M	0.52%
67	McDonald s Corp	MCD	10,602	$3.2M	0.51%
68	Microchip Technology Inc	MCHPP	38,061	$3.1M	0.49%
69	Lowe s Companies Inc	548661107	11,201	$3.0M	0.48%
70	Zimmer Biomet Holdings INC	ZBH	27,393	$3.0M	0.47%
71	Invesco BulletShares 2026 Corp Bond ETF	IVZ	150,837	$3.0M	0.47%
72	Johnson & Johnson	JNJ	17,275	$2.8M	0.45%
73	Invesco BulletShares 2030 Corp Bond ETF	IVZ	163,329	$2.8M	0.44%
74	Vanguard Total Stock Market ETF	922908769	9,702	$2.7M	0.44%
75	Fidelity MSCI Consumer Discret ETF	316092204	30,782	$2.7M	0.43%
76	Invesco BulletShares 2027 Corp Bond ETF	IVZ	136,741	$2.7M	0.43%
77	Schwab US Small-Cap ETF(TM)	808524607	50,124	$2.6M	0.41%
78	WisdomTree International Hedged Quality Dividend G	WT	55,087	$2.5M	0.40%
79	Moody s Corporation	MCO	5,055	$2.4M	0.38%
80	Lam Research Corp	LRCX	2,913	$2.4M	0.38%
81	Accenture PLC	ACN	6,640	$2.3M	0.37%
82	BNDBLXX BLMBRG 6 MNTH TRG US TR ETF	09789C788	45,265	$2.3M	0.36%
83	Fidelity MSCI Industrials ETF	316092709	31,544	$2.3M	0.36%
84	Fidelity MSCI Financials ETF	316092501	35,076	$2.2M	0.36%
85	Bristol-Myers Squibb Company	CELG-RI	43,002	$2.2M	0.35%
86	Bank of America Corporation	060505104	55,221	$2.2M	0.35%
87	WisdomTree Dyn Ccy Hdgd Intl SmCp Eq ETF	WT	58,491	$2.1M	0.34%
88	iShares Core S&P 500	464287200	3,689	$2.1M	0.34%
89	BNDBLXX BLMBRG 1 YR TRG US TR ETF	09789C861	40,410	$2.0M	0.32%
90	iShares iBonds 2024 Corp Bond ETF	46434VBG4	79,632	$2.0M	0.32%
91	Costco Wholesale Corp	22160K105	2,243	$2.0M	0.32%
92	Vanguard FTSE Emerging Markets ETF	922042858	40,646	$1.9M	0.31%
93	Fidelity MSCI Telecommunication Svc ETF	316092873	35,132	$1.9M	0.31%
94	iShares Short-Term National Muni Bond	464288158	17,531	$1.9M	0.30%
95	Equifax Inc	EFX	6,303	$1.9M	0.29%
96	Applied Materials Inc	038222105	8,824	$1.8M	0.28%
97	Ecolab Inc	ECL	6,953	$1.8M	0.28%
98	SPDR S&P 500 ETF	SPY	3,093	$1.8M	0.28%
99	PowerShares Build America Bond ETF	IVZ	64,171	$1.8M	0.28%
100	Eli Lilly and Co	LLY	1,958	$1.7M	0.28%
101	Valero Energy Corp	VLO	12,835	$1.7M	0.28%
102	Nike Inc	NKE	18,189	$1.6M	0.26%
103	SPDR Kensho Clean Power ETF	78468R655	23,357	$1.5M	0.24%
104	Roper Industries Inc	ROP	2,724	$1.5M	0.24%
105	Consumer Discret Sel Sect SPDR ETF	81369Y407	6,992	$1.4M	0.22%
106	S&Pglobal Inc Com	SPGI	2,652	$1.4M	0.22%
107	QCR Holdings Inc	QCRH	18,250	$1.4M	0.22%
108	iShares iBonds 2025 Corp Bond ETF	46434VBD1	52,832	$1.3M	0.21%
109	Vanguard Tax-Exempt Bond ETF	922907746	25,260	$1.3M	0.21%
110	WisdomTree EmMkts ex-Stt-Ownd EntrprsETF	WT	38,669	$1.3M	0.20%
111	Union Pacific Corp	UNP	5,162	$1.3M	0.20%
112	Industrial Select Sector SPDR ETF	81369Y704	9,363	$1.3M	0.20%
113	Masco Corp	MAS	14,863	$1.2M	0.20%
114	Schwab US Aggregate Bond ETF(TM)	808524839	26,005	$1.2M	0.20%
115	Ishares Ibonds Dec 2033 Term Treasury ETF	46436E130	49,151	$1.2M	0.20%
116	Fortinet, Inc.	FTNT	15,890	$1.2M	0.20%
117	Core Laboratories NV	CLB	65,114	$1.2M	0.19%
118	Domino s Pizza Inc	DPZ	2,794	$1.2M	0.19%
119	SPDR Portfolio Mortgage Backed Bond ETF	78464A383	52,917	$1.2M	0.19%
120	iShares National AMT-Free Muni Bond	464288414	10,775	$1.2M	0.19%
121	Coca-Cola Co	KO	16,005	$1.2M	0.18%
122	Fidelity MSCI Consumer Staples ETF	316092303	21,596	$1.1M	0.18%
123	ASML Holding NV	ASMLF	1,310	$1.1M	0.17%
124	Unilever PLC	UNLYF	16,091	$1.0M	0.17%
125	CMS Energy Corp	CMS-PC	14,457	$1.0M	0.16%
126	Intercontinental Exchange Inc	45866F104	6,270	$1.0M	0.16%
127	Alphabet Inc. CL C	GOOG	6,001	$1.0M	0.16%
128	Pfizer Inc	PFE	33,803	$978,249	0.16%
129	NextEra Energy Inc	NEE-PW	11,231	$949,356	0.15%
130	Schwab US Broad Market ETF(TM)	808524102	14,136	$940,294	0.15%
131	Fidelity MSCI Materials ETF	316092881	17,334	$939,509	0.15%
132	Workday Inc	WDAY	3,828	$935,601	0.15%
133	Vanguard Small-Cap ETF	922908751	3,927	$931,553	0.15%
134	Linde plc	LIN	1,934	$922,247	0.15%
135	iShares iBonds 2026 Corp Bond ETF	46435GAA0	35,603	$865,145	0.14%
136	Clorox Co	CLX	5,279	$860,002	0.14%
137	iShares iBoxx $ Invst Grade Crp Bond	464287242	7,498	$847,140	0.13%
138	Canadian National Railway Co	136375102	6,990	$818,879	0.13%
139	WisdomTree Emerging Mkts Qual Div Gr ETF	WT	29,374	$815,129	0.13%
140	CME Group Inc	CME	3,648	$804,931	0.13%
141	WisdomTree Emerging Markets SmCp Div ETF	WT	13,111	$704,061	0.11%
142	Oracle Corporation	ORCL-PD	4,104	$699,322	0.11%
143	iShares iBonds 2027 Corp Bond ETF	46435UAA9	27,996	$682,253	0.11%
144	Constellation Brands Inc	STZ	2,628	$677,226	0.11%
145	iShares iBonds 2025 Muni Bond ETF	46435U432	22,405	$597,317	0.10%
146	Chevron Corp	CVX	4,022	$592,320	0.09%
147	Autodesk Inc.	ADSK	1,995	$549,583	0.09%
148	3M Co	MMM	3,985	$544,758	0.09%
149	iShares Global Clean Energy	464288224	36,726	$539,505	0.09%
150	Wal-Mart Stores Inc	WMT	6,402	$516,963	0.08%
151	Fidelity MSCI Utilities ETF	316092865	9,809	$508,321	0.08%
152	General Electric Co	369604301	2,683	$505,960	0.08%
153	Teradyne Inc	TER	3,651	$488,978	0.08%
154	iShares iBonds 2029 Muni Bond ETF	46436E163	19,024	$484,922	0.08%
155	iShares MSCI Emerging Mkts ex China ETF	46434G764	7,714	$471,403	0.08%
156	Comerica Inc	200340107	7,618	$456,394	0.07%
157	MarketAxess Holdings Inc	MKTX	1,765	$452,193	0.07%
158	iShares iBonds 2028 Muni Bond ETF	46435U325	16,739	$429,021	0.07%
159	iShares iBonds 2026 Muni Bond ETF	46435U259	16,614	$426,232	0.07%
160	SPDR S&P Bank ETF	78464A797	7,888	$417,196	0.07%
161	iShares iBonds 2027 Muni Bond ETF	46435U283	16,206	$412,443	0.07%
162	AT&T Inc	T-PC	18,501	$407,016	0.06%
163	Health Care Select Sector SPDR ETF	81369Y209	2,640	$406,613	0.06%
164	DIMENSIONAL U S CORE EQUITY 2 ETF	25434V708	11,687	$400,747	0.06%
165	Global X S&P 500 Catholic Values ETF	37954Y889	5,708	$396,078	0.06%
166	Caterpillar Inc	CAT	986	$385,644	0.06%
167	Vanguard 500 ETF	922908363	728	$384,027	0.06%
168	Etsy Inc com	ETSY	6,908	$383,601	0.06%
169	Materials Select Sector SPDR ETF	81369Y100	3,848	$370,831	0.06%
170	iShares iBonds 2025 High Yield Corp Bond ETF	46435U168	15,641	$364,435	0.06%
171	Financial Select Sector SPDR ETF	81369Y605	7,917	$358,798	0.06%
172	Invesco FTSE RAFI US 1000 ETF	IVZ	8,580	$348,605	0.06%
173	Verizon Communications Inc	VZ	7,726	$346,960	0.06%
174	GlaxoSmithKline PLC	GLAXF	7,621	$311,546	0.05%
175	Charles Schwab Corp	SCHW-PJ	4,697	$304,413	0.05%
176	Schwab Short-Term US Treasury ETF(TM)	808524862	5,909	$289,409	0.05%
177	Vanguard Sector Index Fds Vanguard Energy Etf	92204A306	2,303	$282,048	0.04%
178	Aspen Technology Inc	29109X106	1,179	$281,569	0.04%
179	iShares iBonds 2024 Term HY and Inc ETF	46435U184	11,880	$276,685	0.04%
180	Southern Co	SOMN	3,034	$273,606	0.04%
181	Stryker Corporation	SYK	740	$267,332	0.04%
182	iShares S&P 500 Growth	464287309	2,672	$255,844	0.04%
183	PowerShares Dynamic Large Cap Growth ETF	IVZ	2,577	$254,304	0.04%
184	iShares iBonds 2028 Corp Bond ETF	46435U515	9,883	$252,321	0.04%
185	Schwab Fundamental US Small Company ETF	808524763	4,058	$241,735	0.04%
186	FIDELITY WISE ORIGIN BITCOIN FUND	FBTC	4,300	$238,779	0.04%
187	Vanguard FTSE Developed Markets ETF	921943858	4,356	$230,060	0.04%
188	iShares Russell 1000 Growth	464287614	610	$228,982	0.04%
189	Mastercard Inc A	MA	449	$221,716	0.04%
190	iShares 7-10 Year Treasury Bond	464287440	2,187	$214,588	0.03%
191	Wisconsin Energy Corp	WEC	2,182	$209,865	0.03%
192	Fifth Third Bancorp	FITBM	4,767	$204,218	0.03%
193	Compass Minerals International Inc	COMP	16,974	$204,030	0.03%
194	Vanguard Growth ETF	922908736	526	$201,963	0.03%