Arrow Financial Corp
CIK 717538 · View on SEC EDGAR ↗
- Portfolio value
- $1.1B
- Positions
- 162
- As of
- June 30, 2026
#2,334 of 9,443 by 13F value · top 24.7%
Portfolio value QoQ: +12.3% 13F does not disclose cash
- Top 10 holdings weight
- 56.85%
- Top 25 holdings weight
- 77.90%
- Positions above 1%
- 24
- Effective number of positions
- 21.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.71% Est. buys $77,617,680 · sells $58,023,602
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 84.4% still held
- New positions
- 7
- Increased
- 42
- Decreased
- 82
- Closed
- 2
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Financials
8.2%
Technology
7.2%
Communication Services
2.7%
Industrials
2.7%
Retail
2.3%
Healthcare
2.1%
Financial Services
1.4%
Energy
0.7%
Consumer Discretionary
0.6%
Communications
0.5%
Utilities
0.4%
Consumer Staples
0.3%
Consumer products
0.2%
Telecommunication
0.2%
Materials
0.1%
Logistics & Transportation
0.0%
Other/Unmapped
70.3%
Full portfolio 162 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $135,676,603 | 12.63% | 197,546 | $16,058,023 | Down ×1 | ||
| QQQ Invesco QQQ Trust, Series 1 | $104,980,420 | 9.77% | 142,558 | $24,795,688 | Up ×2 | ||
| AROW Arrow Financial Corporation - Common Stock | $76,239,883 | 7.10% | 1,859,963 | $13,167,258 | Down ×1 | ||
| IJH | $69,469,935 | 6.47% | 900,920 | $7,358,732 | Down ×1 | ||
| IJR | $52,687,869 | 4.90% | 355,256 | $5,612,364 | Down ×1 | ||
| IDEV | $49,552,218 | 4.61% | 556,703 | $3,736,599 | Up ×3 | ||
| SPYV | $46,736,379 | 4.35% | 768,816 | $2,618,778 | Down ×4 | ||
| IBHG | $32,810,151 | 3.05% | 1,485,967 | Up ×1 | |||
| VO | $21,973,212 | 2.05% | 272,722 | $1,767,489 | Up ×1 | ||
| VOLT Tema Electrification ETF | $20,650,536 | 1.92% | 492,970 | $4,803,272 | Up ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $18,124,352 | 1.69% | 90,581 | $1,795,106 | Down ×2 | ||
| AAPL Apple Inc. - Common Stock | $18,040,728 | 1.68% | 62,347 | $1,871,260 | Down ×2 | ||
| JEPI | $17,010,879 | 1.58% | 301,184 | $2,715,370 | Up ×2 | ||
| TLH | $16,989,189 | 1.58% | 169,299 | $7,914,038 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $16,696,684 | 1.55% | 46,721 | $2,761,814 | Down ×5 | ||
| IBDX | $15,479,714 | 1.44% | 614,518 | $309,296 | Up ×3 | ||
| IBCA | $15,350,499 | 1.43% | 599,394 | $608,127 | Up ×2 | ||
| IBDY | $15,294,450 | 1.42% | 594,070 | $406,042 | Up ×3 | ||
| IBDW | $15,049,978 | 1.40% | 722,167 | $278,174 | Up ×3 | ||
| IBDV | $14,961,203 | 1.39% | 686,293 | $273,135 | Up ×3 | ||
| IBDU | $14,831,726 | 1.38% | 640,402 | $213,780 | Up ×3 | ||
| IBDT | $14,730,644 | 1.37% | 583,391 | $282,374 | Up ×3 | ||
| IBDZ | $12,935,199 | 1.20% | 496,552 | $1,792,441 | Up ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $11,953,426 | 1.11% | 32,045 | $182,390 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $8,669,379 | 0.81% | 36,374 | $972,761 | Down ×1 | ||
| VB | $8,539,497 | 0.79% | 28,172 | $911,601 | Down ×5 | ||
| MRVL Marvell Technology, Inc. - Common Stock | $7,446,952 | 0.69% | 24,999 | $4,777,356 | Down ×1 | ||
| NYM | $6,738,197 | 0.63% | 268,140 | $332,684 | Up ×2 | ||
| APH Amphenol Corporation Common Stock | $6,337,999 | 0.59% | 35,946 | $1,616,931 | Down ×5 | ||
| JPM JP Morgan Chase & Co. Common Stock | $6,176,390 | 0.57% | 18,869 | $457,920 | Down ×2 | ||
| AGG | $6,154,279 | 0.57% | 62,177 | $-30,441 | Down ×5 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $5,346,512 | 0.50% | 15,678 | $2,917,023 | Up ×6 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $5,205,945 | 0.48% | 44,321 | $1,622,063 | Down ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $5,089,157 | 0.47% | 4,779 | $1,500,807 | Down ×3 | ||
| IBDS | $5,074,707 | 0.47% | 209,525 | $-5,233,838 | Down ×2 | ||
| IBDR | $4,864,644 | 0.45% | 200,769 | $-5,272,403 | Down ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $4,800,680 | 0.45% | 13,612 | $352,443 | Up ×6 | ||
| NYF | $4,467,377 | 0.42% | 82,875 | $-107,317 | Down ×2 | ||
| V Visa Inc. | $4,351,067 | 0.41% | 12,682 | $465,772 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $4,285,510 | 0.40% | 7,608 | $-35,216 | Up ×2 | ||
| BRKB | $4,205,278 | 0.39% | 8,404 | $128,244 | Down ×2 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $4,110,666 | 0.38% | 52,014 | $-391,315 | Down ×2 | ||
| ORCL Oracle Corporation Common Stock | $4,051,082 | 0.38% | 27,643 | $-40,636 | Down ×1 | ||
| LLY Eli Lilly and Company Common Stock | $3,779,404 | 0.35% | 3,151 | $739,564 | Down ×4 | ||
| JNJ Johnson & Johnson Common Stock | $3,664,025 | 0.34% | 14,427 | $30,180 | Down ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,466,874 | 0.32% | 9,812 | $674,866 | Up ×1 | ||
| Unknown issuer (CUSIP: 46438G166) | $3,311,308 | 0.31% | 131,610 | Up ×1 | |||
| BAC Bank of America Corporation Common Stock | $3,216,635 | 0.30% | 56,452 | $349,599 | Down ×4 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,097,341 | 0.29% | 3,311 | $-234,721 | Down ×3 | ||
| WMT Walmart Inc. - Common Stock | $3,087,128 | 0.29% | 27,257 | $-420,178 | Down ×2 | ||
| BLK BlackRock, Inc. Common Stock | $3,059,684 | 0.28% | 3,182 | $-35,099 | Down ×4 | ||
| AMGN Amgen Inc. - Common Stock | $2,947,657 | 0.27% | 8,140 | $-13,513 | Down ×5 | ||
| PWR Quanta Services, Inc. Common Stock | $2,870,079 | 0.27% | 3,986 | $617,450 | Down ×3 | ||
| XOM Exxon Mobil Corporation Common Stock | $2,868,932 | 0.27% | 20,984 | $-688,499 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $2,845,591 | 0.26% | 7,533 | $889,797 | Up ×4 | ||
| MS Morgan Stanley Common Stock | $2,813,051 | 0.26% | 13,457 | $513,350 | Down ×5 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $2,803,356 | 0.26% | 18,504 | $-218,168 | Down ×5 | ||
| CRM Salesforce, Inc. Common Stock | $2,736,067 | 0.25% | 17,465 | $-394,576 | Up ×3 | ||
| DIS Walt Disney Company (The) Common Stock | $2,648,319 | 0.25% | 27,515 | $78,443 | Up ×6 | ||
| MCD McDonald's Corporation Common Stock | $2,572,000 | 0.24% | 9,515 | $-319,901 | Up ×6 | ||
| KO Coca-Cola Company (The) Common Stock | $2,508,886 | 0.23% | 30,871 | $138,560 | Down ×2 | ||
| TRV The Travelers Companies, Inc. Common Stock | $2,428,693 | 0.23% | 7,357 | $181,299 | Down ×5 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $2,396,501 | 0.22% | 4,780 | $19,953 | Down ×3 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $2,390,304 | 0.22% | 19,416 | $-672,252 | Down ×1 | ||
| CMI Cummins Inc. Common Stock | $2,387,827 | 0.22% | 3,348 | $454,183 | Down ×5 | ||
| PG Procter & Gamble Company (The) Common Stock | $2,383,487 | 0.22% | 16,254 | $34,170 | Down ×2 | ||
| GD General Dynamics Corporation Common Stock | $2,217,542 | 0.21% | 6,260 | $61,434 | Down ×4 | ||
| UNP Union Pacific Corporation Common Stock | $2,152,608 | 0.20% | 7,914 | $207,281 | Down ×2 | ||
| WMB Williams Companies, Inc. (The) Common Stock | $2,144,858 | 0.20% | 28,852 | $-47,203 | Down ×5 | ||
| TER Teradyne, Inc. - Common Stock | $2,139,540 | 0.20% | 4,422 | $605,063 | Down ×5 | ||
| IBHF | $2,114,906 | 0.20% | 93,373 | $-28,155,046 | Down ×1 | ||
| SYK Stryker Corporation Common Stock | $2,084,870 | 0.19% | 6,622 | $-116,026 | Down ×5 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $1,949,358 | 0.18% | 11,622 | $-457,376 | Up ×4 | ||
| MAS Masco Corporation Common Stock | $1,909,835 | 0.18% | 23,471 | $502,127 | Up ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $1,819,516 | 0.17% | 4,326 | $321,363 | Up ×2 | ||
| NFLX Netflix, Inc. - Common Stock | $1,763,223 | 0.16% | 24,695 | $-786,675 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $1,713,370 | 0.16% | 3,336 | $-15,454 | Down ×1 | ||
| ABT Abbott Laboratories Common Stock | $1,691,757 | 0.16% | 18,644 | $-200,348 | Up ×3 | ||
| DHR Danaher Corporation Common Stock | $1,625,937 | 0.15% | 8,536 | $30,263 | Up ×3 | ||
| YUM Yum! Brands, Inc. | $1,457,763 | 0.14% | 9,119 | $4,958 | Down ×3 | ||
| SPY SPY | $1,391,979 | 0.13% | 1,864 | $-64,132 | Down ×3 | ||
| COP ConocoPhillips Common Stock | $1,371,336 | 0.13% | 13,191 | $-361,164 | Up ×1 | ||
| XLK XLK | $1,326,210 | 0.12% | 6,961 | $354,711 | Down ×2 | ||
| XLB XLB | $1,296,719 | 0.12% | 25,510 | $-49,218 | Down ×2 | ||
| VRTX Vertex Pharmaceuticals Incorporated - Common Stock | $1,245,799 | 0.12% | 2,508 | $103,550 | Down ×5 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $1,218,277 | 0.11% | 2,859 | $445,352 | Up ×4 | ||
| AMAT Applied Materials, Inc. - Common Stock | $1,218,255 | 0.11% | 1,685 | $642,339 | |||
| AEP American Electric Power Company, Inc. - Common Stock | $1,183,817 | 0.11% | 8,653 | $144,222 | Up ×1 | ||
| GE GE Aerospace Common Stock | $1,173,138 | 0.11% | 3,139 | $292,600 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $1,171,384 | 0.11% | 4,655 | $105,900 | Down ×2 | ||
| Unknown issuer (CUSIP: 438516205) | $1,136,510 | 0.11% | 5,113 | Up ×1 | |||
| Unknown issuer (CUSIP: 43849R105) | $1,122,196 | 0.10% | 5,113 | Up ×1 | |||
| MUB | $1,116,019 | 0.10% | 10,370 | $15,243 | |||
| AWK American Water Works Company, Inc. Common Stock | $1,065,140 | 0.10% | 8,095 | $-29,840 | Up ×2 | ||
| TXN Texas Instruments Incorporated - Common Stock | $1,060,831 | 0.10% | 3,559 | $369,887 | |||
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | $1,029,332 | 0.10% | 16,748 | $148,618 | Up ×2 | ||
| BND Vanguard Total Bond Market ETF | $1,008,580 | 0.09% | 13,739 | $-326,219 | Down ×2 | ||
| LOW Lowe's Companies, Inc. Common Stock | $1,008,521 | 0.09% | 4,574 | $-94,198 | Down ×1 | ||
| CVX Chevron Corporation Common Stock | $994,892 | 0.09% | 6,002 | $-260,784 | Down ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $975,692 | 0.09% | 7,206 | $-170,969 | Down ×2 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| IDEV | $49,552,218 | 4.61% | up ×3 |
| IBDX | $15,479,714 | 1.44% | up ×3 |
| IBDY | $15,294,450 | 1.42% | up ×3 |
| IBDW | $15,049,978 | 1.40% | up ×3 |
| IBDV | $14,961,203 | 1.39% | up ×3 |
| IBDU | $14,831,726 | 1.38% | up ×3 |
| IBDT | $14,730,644 | 1.37% | up ×3 |
| IBDZ | $12,935,199 | 1.20% | up ×6 |
| PANW | $5,346,512 | 0.50% | up ×6 |
| HD | $4,800,680 | 0.45% | up ×6 |
| AVGO | $2,845,591 | 0.26% | up ×4 |
| CRM | $2,736,067 | 0.25% | up ×3 |
| DIS | $2,648,319 | 0.25% | up ×6 |
| MCD | $2,572,000 | 0.24% | up ×6 |
| TMUS | $1,949,358 | 0.18% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| IBHG | $32,810,151 | 1,485,967 | 3.05% |
| Unknown issuer (CUSIP: 46438G166) | $3,311,308 | 131,610 | 0.31% |
| Unknown issuer (CUSIP: 438516205) | $1,136,510 | 5,113 | 0.11% |
| Unknown issuer (CUSIP: 43849R105) | $1,122,196 | 5,113 | 0.10% |
| DE | $223,284 | 352 | 0.02% |
| SHW | $205,559 | 597 | 0.02% |
| UBER | $170,947 | 2,369 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| QQQ | Bought more | +4K | +$24.8M |
| VOO | Trimmed | -3K | +$16.1M |
| AROW | Trimmed | -19K | +$13.2M |
| TLH | Bought more | +79K | +$7.9M |
| IJH | Trimmed | -19K | +$7.4M |
| IJR | Trimmed | -23K | +$5.6M |
| IBDR | Trimmed | -217K | -$5.3M |
| IBDS | Trimmed | -216K | -$5.2M |
| VOLT | Bought more | +30K | +$4.8M |
| MRVL | Trimmed | -2K | +$4.8M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IBHE | Dec. 31, 2025 | 644,309 | $14,960,855 | No longer tracked |
| IBDQ | Sept. 30, 2025 | 465,959 | $11,732,848 | No longer tracked |
| XHB | June 30, 2025 | 78,022 | $7,560,284 | No longer tracked |
| HON | June 30, 2026 | 10,043 | $2,270,019 | 0.8% |
| DLR | March 31, 2025 | 12,300 | $2,181,159 | 34.8% |
| WM | March 31, 2025 | 8,000 | $1,614,320 | -2.0% |
| COF | March 31, 2025 | 6,800 | $1,212,576 | 25.1% |
| APD | March 31, 2025 | 2,700 | $783,108 | 3.3% |
| SO | March 31, 2025 | 9,150 | $753,228 | 0.8% |
| PSA | March 31, 2025 | 1,900 | $568,936 | 9.7% |
| PM | June 30, 2025 | 3,230 | $512,698 | 3.0% |
| AMT | March 31, 2025 | 2,350 | $431,014 | -19.7% |
| LEN | Dec. 31, 2025 | 3,403 | $428,914 | -13.6% |
| INTU | June 30, 2026 | 750 | $324,285 | 38.1% |
| MO | June 30, 2025 | 4,995 | $299,800 | 11.8% |
| CPK | Sept. 30, 2025 | 2,480 | $298,146 | 1.3% |
| VMC | March 31, 2025 | 1,100 | $282,953 | 18.0% |
| FISV | Dec. 31, 2025 | 2,169 | $279,649 | -21.5% |
| IGSB | Sept. 30, 2025 | 5,125 | $270,395 | |
| IBMN | Dec. 31, 2025 | 9,006 | $241,271 | No longer tracked |
| NGG | Sept. 30, 2025 | 3,233 | $240,568 | 12.5% |
| SDY | March 31, 2026 | 1,642 | $228,501 | No longer tracked |
| PYPL | Sept. 30, 2025 | 3,026 | $224,892 | -8.1% |
| UBER | March 31, 2026 | 2,669 | $218,084 | 5.6% |
| VUG | March 31, 2025 | 516 | $211,787 | No longer tracked |
| SHW | Dec. 31, 2025 | 597 | $206,717 | 9.4% |
| OTIS | Sept. 30, 2025 | 2,075 | $205,467 | -21.3% |
| GIS | Dec. 31, 2025 | 4,049 | $204,151 | -15.4% |
| PAYX | March 31, 2026 | 1,783 | $200,017 | 33.4% |
| TROW | Dec. 31, 2025 | 1,428 | $146,570 | 9.7% |
| SHY | Dec. 31, 2025 | 1,726 | $143,189 | |
| HSY | March 31, 2025 | 645 | $109,231 | 9.6% |
| NUSC | March 31, 2025 | 1,400 | $58,635 | No longer tracked |
| ETN | March 31, 2025 | 130 | $43,143 | 53.9% |
| PYPL | March 31, 2025 | 280 | $23,898 | -5.5% |
| STZ | March 31, 2025 | 95 | $20,995 | -28.4% |
| SHW | March 31, 2025 | 25 | $8,498 | 1.5% |