EXCHANGE CAPITAL MANAGEMENT, INC.

Filed: 5/1/2025ACC: 0001104659-25-043090

📋 What this filing means

EXCHANGE CAPITAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 207 equity positions with a total reported market value of $616.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

207

Positions

$616.67M

Total AUM (reported)

7.83M

Total Shares

Allocation by class

COM$254.44M41.3%

CL A$28.19M4.6%

INF TECH ETF$20.29M3.3%

CL B NEW$16.68M2.7%

CURRNCY INT EQ$16.68M2.7%

FINANCIALS ETF$11.96M1.9%

CORE S&P SCP ETF$11.24M1.8%

Portfolio Concentration

Top 3$66.44M10.8%

4–10$97.27M15.8%

11–25$128.36M20.8%

Rest$324.60M52.6%

Top 3 weight

10.8%

Top 10 weight

26.5%

Voting Authority Distribution

Total shares with voting rights: 7.83M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

7.83M

% of voting shares100.0%

Investment Discretion (by position count)

Sole207

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings207

Rows:

Microsoft Corp

SOLE

COM

Shares72.54K

TypeSH

Market value$27.23M

4.42%

Sole

0.00

Shared

0.00

None

72.54K

Vanguard Sector Index Fds Vanguard Information Tec

SOLE

INF TECH ETF

Shares37.40K

TypeSH

Market value$20.29M

3.29%

Sole

0.00

Shared

0.00

None

37.40K

Amazon.com Inc

SOLE

COM

Shares99.44K

TypeSH

Market value$18.92M

3.07%

Sole

0.00

Shared

0.00

None

99.44K

Alphabet Inc. CL A

SOLE

CL A

Shares118.01K

TypeSH

Market value$18.25M

2.96%

Sole

0.00

Shared

0.00

None

118.01K

Berkshire Hathaway Inc

SOLE

CL B NEW

Shares31.32K

TypeSH

Market value$16.68M

2.70%

Sole

0.00

Shared

0.00

None

31.32K

WisdomTree Dynamic Ccy Hdgd Intl Eq ETF

SOLE

CURRNCY INT EQ

Shares453.32K

TypeSH

Market value$16.68M

2.70%

Sole

0.00

Shared

0.00

None

453.32K

Vanguard Financials ETF

SOLE

FINANCIALS ETF

Shares100.09K

TypeSH

Market value$11.96M

1.94%

Sole

0.00

Shared

0.00

None

100.09K

BlackRock Inc

SOLE

COM

Shares12.44K

TypeSH

Market value$11.78M

1.91%

Sole

0.00

Shared

0.00

None

12.44K

iShares Currency Hedged MSCI EAFE

SOLE

HDG MSCI EAFE

Shares309.17K

TypeSH

Market value$11.22M

1.82%

Sole

0.00

Shared

0.00

None

309.17K

Salesforce.com Inc

SOLE

COM

Shares39.90K

TypeSH

Market value$10.71M

1.74%

Sole

0.00

Shared

0.00

None

39.90K

SPDR S&P MidCap 400 ETF

SOLE

UTSER1 S&PDCRP

Shares20.03K

TypeSH

Market value$10.69M

1.73%

Sole

0.00

Shared

0.00

None

20.03K

Vanguard Health Care ETF

SOLE

HEALTH CAR ETF

Shares40.35K

TypeSH

Market value$10.68M

1.73%

Sole

0.00

Shared

0.00

None

40.35K

SPDR Portfolio S&P 400 Mid Cap ETF

SOLE

PORTFOLIO S&P400

Shares205.91K

TypeSH

Market value$10.54M

1.71%

Sole

0.00

Shared

0.00

None

205.91K

iShares Core S&P Small-Cap

SOLE

CORE S&P SCP ETF

Shares91.44K

TypeSH

Market value$9.56M

1.55%

Sole

0.00

Shared

0.00

None

91.44K

ServiceNow Inc

SOLE

COM

Shares11.50K

TypeSH

Market value$9.15M

1.48%

Sole

0.00

Shared

0.00

None

11.50K

KLA-Tencor Corp

SOLE

COM

Shares13.07K

TypeSH

Market value$8.88M

1.44%

Sole

0.00

Shared

0.00

None

13.07K

Vanguard Industrials ETF

SOLE

INDUSTRIAL ETF

Shares34.59K

TypeSH

Market value$8.56M

1.39%

Sole

0.00

Shared

0.00

None

34.59K

Vanguard Consumer Discretionary ETF

SOLE

CONSUM DIS ETF

Shares25.71K

TypeSH

Market value$8.37M

1.36%

Sole

0.00

Shared

0.00

None

25.71K

JPMorgan Chase & Co

SOLE

COM

Shares33.33K

TypeSH

Market value$8.17M

1.33%

Sole

0.00

Shared

0.00

None

33.33K

Guidewire Software Inc

SOLE

COM

Shares41.21K

TypeSH

Market value$7.72M

1.25%

Sole

0.00

Shared

0.00

None

41.21K

Vanguard Telecommunication Services ETF

SOLE

TELCOMM ETF

Shares51.53K

TypeSH

Market value$7.65M

1.24%

Sole

0.00

Shared

0.00

None

51.53K

Monster Beverage Corp

SOLE

COM

Shares124.80K

TypeSH

Market value$7.30M

1.18%

Sole

0.00

Shared

0.00

None

124.80K

Emerson Electric Co

SOLE

COM

Shares64.48K

TypeSH

Market value$7.07M

1.15%

Sole

0.00

Shared

0.00

None

64.48K

Apple Inc

SOLE

COM

Shares31.74K

TypeSH

Market value$7.05M

1.14%

Sole

0.00

Shared

0.00

None

31.74K

SPDR S&P 600 Small Cap ETF

SOLE

PORTFOLIO S&P600

Shares170.72K

TypeSH

Market value$6.96M

1.13%

Sole

0.00

Shared

0.00

None

170.72K

Issuer	Class	Shares	Type	Value / Portfolio %	None
Microsoft CorpSOLE	COM	72.54K	SH	$27.23M 4.42%	72.54K
Vanguard Sector Index Fds Vanguard Information TecSOLE	INF TECH ETF	37.40K	SH	$20.29M 3.29%	37.40K
Amazon.com IncSOLE	COM	99.44K	SH	$18.92M 3.07%	99.44K
Alphabet Inc. CL ASOLE	CL A	118.01K	SH	$18.25M 2.96%	118.01K
Berkshire Hathaway IncSOLE	CL B NEW	31.32K	SH	$16.68M 2.70%	31.32K
WisdomTree Dynamic Ccy Hdgd Intl Eq ETFSOLE	CURRNCY INT EQ	453.32K	SH	$16.68M 2.70%	453.32K
Vanguard Financials ETFSOLE	FINANCIALS ETF	100.09K	SH	$11.96M 1.94%	100.09K
BlackRock IncSOLE	COM	12.44K	SH	$11.78M 1.91%	12.44K
iShares Currency Hedged MSCI EAFESOLE	HDG MSCI EAFE	309.17K	SH	$11.22M 1.82%	309.17K
Salesforce.com IncSOLE	COM	39.90K	SH	$10.71M 1.74%	39.90K
SPDR S&P MidCap 400 ETFSOLE	UTSER1 S&PDCRP	20.03K	SH	$10.69M 1.73%	20.03K
Vanguard Health Care ETFSOLE	HEALTH CAR ETF	40.35K	SH	$10.68M 1.73%	40.35K
SPDR Portfolio S&P 400 Mid Cap ETFSOLE	PORTFOLIO S&P400	205.91K	SH	$10.54M 1.71%	205.91K
iShares Core S&P Small-CapSOLE	CORE S&P SCP ETF	91.44K	SH	$9.56M 1.55%	91.44K
ServiceNow IncSOLE	COM	11.50K	SH	$9.15M 1.48%	11.50K
KLA-Tencor CorpSOLE	COM	13.07K	SH	$8.88M 1.44%	13.07K
Vanguard Industrials ETFSOLE	INDUSTRIAL ETF	34.59K	SH	$8.56M 1.39%	34.59K
Vanguard Consumer Discretionary ETFSOLE	CONSUM DIS ETF	25.71K	SH	$8.37M 1.36%	25.71K
JPMorgan Chase & CoSOLE	COM	33.33K	SH	$8.17M 1.33%	33.33K
Guidewire Software IncSOLE	COM	41.21K	SH	$7.72M 1.25%	41.21K
Vanguard Telecommunication Services ETFSOLE	TELCOMM ETF	51.53K	SH	$7.65M 1.24%	51.53K
Monster Beverage CorpSOLE	COM	124.80K	SH	$7.30M 1.18%	124.80K
Emerson Electric CoSOLE	COM	64.48K	SH	$7.07M 1.15%	64.48K
Apple IncSOLE	COM	31.74K	SH	$7.05M 1.14%	31.74K
SPDR S&P 600 Small Cap ETFSOLE	PORTFOLIO S&P600	170.72K	SH	$6.96M 1.13%	170.72K

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