Exchange Capital Management, Inc. Buys CMS Energy Corp, Zimmer Biomet Holdings Inc, Honeywell International Inc, Sells Stericycle Inc, CVS Health Corp, SPDR Select Sector Fund - Consumer Discretionary

• New Purchases: CMS, ZBH, IWB, DUK, PSX, FITB, CHFC, SPTM, ED, EW,
• Added Positions: HON, KLAC, MSFT, GWRE, XOM, IEMG, EMR, VDC, SCHM, VOX,
• Reduced Positions: CVS, XLY, MDY, AMZN, XLP, CPB, VZ, V, VTI, IJR,
• Sold Out: SRCL, IWF, DLPH, APTV, IWD, ADSK, IJT, LAZ, BX, IJS,

For the details of Exchange Capital Management, Inc.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Exchange+Capital+Management%2C+Inc.

1. SPDR MidCap Trust Series I (MDY) - 35,465 shares, 4.11% of the total portfolio. Shares reduced by 8.73%
2. Amazon.com Inc (AMZN) - 5,535 shares, 3.5% of the total portfolio. Shares reduced by 9.84%
3. Schwab U.S. Large-Cap (SCHX) - 137,494 shares, 3.02% of the total portfolio. Shares reduced by 2.35%
4. iShares Core S&P Small-Cap (IJR) - 105,999 shares, 2.92% of the total portfolio. Shares reduced by 3.83%
5. Apple Inc (AAPL) - 39,963 shares, 2.85% of the total portfolio. Shares reduced by 0.88%

Exchange Capital Management, Inc. initiated holding in CMS Energy Corp. The purchase prices were between $46.78 and $50.69, with an estimated average price of $48.74. The stock is now traded at around $51.70. The impact to a portfolio due to this purchase was 1.07%. The holding were 69,395 shares as of 2018-09-30.

Exchange Capital Management, Inc. initiated holding in Zimmer Biomet Holdings Inc. The purchase prices were between $111.66 and $131.47, with an estimated average price of $122.47. The stock is now traded at around $121.10. The impact to a portfolio due to this purchase was 0.63%. The holding were 15,101 shares as of 2018-09-30.

Exchange Capital Management, Inc. initiated holding in iShares Russell 1000. The purchase prices were between $151.12 and $163.43, with an estimated average price of $158.65. The stock is now traded at around $147.07. The impact to a portfolio due to this purchase was 0.04%. The holding were 865 shares as of 2018-09-30.

Exchange Capital Management, Inc. initiated holding in Phillips 66. The purchase prices were between $109.36 and $123.34, with an estimated average price of $115.6. The stock is now traded at around $95.30. The impact to a portfolio due to this purchase was 0.02%. The holding were 500 shares as of 2018-09-30.

Exchange Capital Management, Inc. initiated holding in Chemical Financial Corp. The purchase prices were between $53.4 and $58.55, with an estimated average price of $56.57. The stock is now traded at around $43.60. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,100 shares as of 2018-09-30.

Exchange Capital Management, Inc. initiated holding in Duke Energy Corp. The purchase prices were between $78.09 and $83.47, with an estimated average price of $80.87. The stock is now traded at around $84.75. The impact to a portfolio due to this purchase was 0.02%. The holding were 966 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in Honeywell International Inc by 1385.29%. The purchase prices were between $142.91 and $165.48, with an estimated average price of $155. The stock is now traded at around $145.34. The impact to a portfolio due to this purchase was 0.36%. The holding were 7,471 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in KLA-Tencor Corp by 92.17%. The purchase prices were between $100.58 and $119.59, with an estimated average price of $109.31. The stock is now traded at around $86.00. The impact to a portfolio due to this purchase was 0.32%. The holding were 20,960 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in Guidewire Software Inc by 80.00%. The purchase prices were between $86.05 and $107.31, with an estimated average price of $96.09. The stock is now traded at around $86.84. The impact to a portfolio due to this purchase was 0.27%. The holding were 19,244 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in iShares Core MSCI Emerging Markets by 20.88%. The purchase prices were between $49.8 and $54.37, with an estimated average price of $52.18. The stock is now traded at around $46.39. The impact to a portfolio due to this purchase was 0.17%. The holding were 58,579 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in Vanguard Consumer Staples by 41.77%. The purchase prices were between $133.62 and $143.65, with an estimated average price of $139.43. The stock is now traded at around $141.60. The impact to a portfolio due to this purchase was 0.14%. The holding were 10,657 shares as of 2018-09-30.

Exchange Capital Management, Inc. added to a holding in Vanguard Communication Services by 44.72%. The purchase prices were between $84.2 and $88.11, with an estimated average price of $86.27. The stock is now traded at around $78.99. The impact to a portfolio due to this purchase was 0.11%. The holding were 12,727 shares as of 2018-09-30.

Exchange Capital Management, Inc. sold out a holding in Stericycle Inc. The sale prices were between $58.41 and $70.97, with an estimated average price of $63.84.

Exchange Capital Management, Inc. sold out a holding in Delphi Technologies PLC. The sale prices were between $31.36 and $45.75, with an estimated average price of $39.59.

Exchange Capital Management, Inc. sold out a holding in iShares Russell 1000 Growth. The sale prices were between $143.12 and $156, with an estimated average price of $151.4.

Exchange Capital Management, Inc. sold out a holding in Aptiv PLC. The sale prices were between $83.9 and $98.45, with an estimated average price of $91.38.

Exchange Capital Management, Inc. sold out a holding in iShares Russell 1000 Value. The sale prices were between $120.54 and $129.51, with an estimated average price of $125.54.

Exchange Capital Management, Inc. sold out a holding in Autodesk Inc. The sale prices were between $127 and $157.2, with an estimated average price of $141.27.