Arrow Financial Corp

CIK 717538 · View on SEC EDGAR ↗

Portfolio value QoQ: +12.3% 13F does not disclose cash

Top 10 holdings weight55.28%

Top 25 holdings weight76.46%

Positions above 1%24

Effective number of positions22.6

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 5.68% Est. buys $81,161,630 · sells $59,946,805

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 89.0% still held

New positions7

Increased42

Decreased87

Closed2

Portfolio value $1.1B #2,350 of 9,337 by 13F value · top 25.2%

Positions 162

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Financials 10.0%

Technology 7.5%

Communication Services 3.5%

Industrials 3.0%

Healthcare 2.4%

Retail 2.3%

Energy 0.8%

Consumer Discretionary 0.6%

Utilities 0.4%

Consumer products 0.3%

Consumer Staples 0.3%

Materials 0.2%

Other/Unmapped 68.7%

Full portfolio 162 positions

Search positions by ticker or company name

					Streak
VOO VANGUARD INDEX FUNDS	$136,978,108	12.27%	199,441	$16,199,683	Down ×1
QQQ Invesco QQQ Trust, Series 1	$105,322,846	9.43%	143,023	$24,862,799	Up ×2
AROW Arrow Financial Corporation - Common Stock	$76,239,883	6.83%	1,859,963	$13,167,258	Down ×1
IJH iShares Trust	$69,830,347	6.25%	905,594	$7,399,863	Down ×1
IJR iShares Trust	$53,567,491	4.80%	361,187	$5,643,699	Down ×1
IDEV iShares Trust	$50,512,369	4.52%	567,490	$3,860,214	Up ×3
SPYV SPDR SERIES TRUST	$46,831,211	4.19%	770,376	$2,623,818	Down ×4
IBHG iShares Trust	$32,936,338	2.95%	1,491,682		Up ×1
VO VANGUARD INDEX FUNDS	$23,951,769	2.15%	297,279	$1,820,529	Up ×1
VOLT Tema Electrification ETF	$20,998,349	1.88%	501,273	$5,123,145	Up ×2
AAPL Apple Inc. - Common Stock	$19,601,246	1.76%	67,740	$2,042,532	Down ×3
NVDA NVIDIA Corporation - Common Stock	$19,315,688	1.73%	96,535	$1,879,874	Down ×2
GOOGL Alphabet Inc. - Class A Common Stock	$18,271,971	1.64%	51,129	$3,047,682	Down ×6
TLH iShares Trust	$17,687,224	1.58%	176,255	$8,595,756	Up ×2
JEPI J.P. Morgan Exchange-Traded Fund Trust	$17,361,620	1.56%	307,394	$2,848,233	Up ×2
IBDX iShares Trust	$15,891,923	1.42%	630,882	$363,202	Up ×3
IBCA iShares Trust	$15,763,716	1.41%	615,529	$715,151	Up ×2
IBDY iShares Trust	$15,706,061	1.41%	610,058	$459,863	Up ×3
IBDW iShares Trust	$15,462,297	1.39%	741,952	$334,955	Up ×3
IBDV iShares Trust	$15,321,601	1.37%	702,825	$327,423	Up ×3
IBDU iShares Trust	$15,192,096	1.36%	655,962	$267,932	Up ×3
IBDT iShares Trust	$14,935,548	1.34%	591,506	$304,953	Up ×3
MSFT Microsoft Corporation - Common Stock	$13,400,744	1.20%	35,925	$178,271	Up ×2
IBDZ iShares Trust	$13,348,404	1.20%	512,414	$1,847,842	Up ×6
VB VANGUARD INDEX FUNDS	$9,155,740	0.82%	30,205	$964,192	Down ×6
AMZN Amazon.com, Inc. - Common Stock	$9,141,292	0.82%	38,354	$1,010,431	Down ×1
MRVL Marvell Technology, Inc. - Common Stock	$7,903,617	0.71%	26,532	$5,082,177	Down ×1
JPM JP Morgan Chase & Co. Common Stock	$7,798,965	0.70%	23,826	$619,402	Down ×6
NYM AB Active ETFs, Inc.	$6,738,197	0.60%	268,140	$332,684	Up ×2
APH Amphenol Corporation Common Stock	$6,610,942	0.59%	37,494	$1,694,284	Down ×6
AGG iShares Trust	$6,154,279	0.55%	62,177	$-30,441	Down ×5
CAT Caterpillar, Inc. Common Stock	$5,998,582	0.54%	5,633	$1,805,207	Down ×3
PANW Palo Alto Networks, Inc. - Common Stock	$5,470,643	0.49%	16,042	$2,982,798	Up ×5
CSCO Cisco Systems, Inc. - Common Stock	$5,341,964	0.48%	45,479	$1,661,482	Down ×1
LLY Eli Lilly and Company Common Stock	$5,284,689	0.47%	4,406	$979,245	Down ×4
HD Home Depot, Inc. (The) Common Stock	$5,241,530	0.47%	14,862	$370,998	Up ×5
IBDS iShares Trust	$5,074,707	0.45%	209,525	$-5,464,215	Down ×2
IBDR iShares Trust	$4,864,644	0.44%	200,769	$-5,450,761	Down ×2
JNJ Johnson & Johnson Common Stock	$4,680,921	0.42%	18,431	$17,006	Down ×6
V Visa Inc.	$4,624,167	0.41%	13,478	$479,248	Down ×1
ORCL Oracle Corporation Common Stock	$4,563,274	0.41%	31,138	$-42,593	Down ×1
META Meta Platforms, Inc. - Class A Common Stock	$4,536,174	0.41%	8,053	$-44,299	Up ×2
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$4,508,014	0.40%	9,009	$141,064	Down ×2
NYF iShares Trust	$4,467,377	0.40%	82,875	$-107,317	Down ×2
VCSH Vanguard Short-Term Corporate Bond ETF	$4,397,308	0.39%	55,641	$-392,185	Down ×2
GOOG Alphabet Inc. - Class C Capital Stock	$3,836,104	0.34%	10,857	$744,327	Up ×1
XOM Exxon Mobil Corporation Common Stock	$3,692,670	0.33%	27,009	$-932,940	Down ×6
BAC Bank of America Corporation Common Stock	$3,446,264	0.31%	60,482	$382,765	Down ×4
Unknown issuer (CUSIP: 46438G166)	$3,322,831	0.30%	132,068		Up ×1
BLK BlackRock, Inc. Common Stock	$3,245,265	0.29%	3,375	$-40,898	Down ×4
COST Costco Wholesale Corporation - Common Stock	$3,175,920	0.28%	3,395	$-245,821	Down ×3
WMT Walmart Inc. - Common Stock	$3,161,653	0.28%	27,915	$-435,756	Down ×4
AMGN Amgen Inc. - Common Stock	$3,056,655	0.27%	8,441	$-17,459	Down ×6
MS Morgan Stanley Common Stock	$3,056,583	0.27%	14,622	$557,094	Down ×6
TJX TJX Companies, Inc. (The) Common Stock	$3,052,119	0.27%	20,146	$-231,632	Down ×6
PWR Quanta Services, Inc. Common Stock	$2,973,765	0.27%	4,130	$642,077	Down ×3
XLK SELECT SECTOR SPDR TRUST	$2,880,091	0.26%	15,117	$641,789	Down ×2
AVGO Broadcom Inc. - Common Stock	$2,870,145	0.26%	7,598	$914,351	Up ×4
CRM Salesforce, Inc. Common Stock	$2,834,293	0.25%	18,092	$-413,392	Up ×2
IBHF iShares Trust	$2,815,244	0.25%	124,293	$-28,154,729	Down ×1
DIS Walt Disney Company (The) Common Stock	$2,731,960	0.24%	28,384	$78,330	Up ×5
PG Procter & Gamble Company (The) Common Stock	$2,666,209	0.24%	18,182	$38,412	Down ×2
KO Coca-Cola Company (The) Common Stock	$2,648,345	0.24%	32,587	$147,517	Down ×2
MCD McDonald's Corporation Common Stock	$2,619,304	0.23%	9,690	$-326,985	Up ×5
CMI Cummins Inc. Common Stock	$2,491,956	0.22%	3,494	$479,761	Down ×6
ICE Intercontinental Exchange Inc. Common Stock	$2,478,205	0.22%	20,130	$-696,649	Down ×1
TMO Thermo Fisher Scientific Inc Common Stock	$2,449,144	0.22%	4,885	$20,985	Down ×3
TRV The Travelers Companies, Inc. Common Stock	$2,428,693	0.22%	7,357	$154,173	Down ×6
SYK Stryker Corporation Common Stock	$2,355,632	0.21%	7,482	$-132,123	Down ×6
TER Teradyne, Inc. - Common Stock	$2,350,010	0.21%	4,857	$668,192	Down ×6
UNP Union Pacific Corporation Common Stock	$2,268,752	0.20%	8,341	$219,826	Down ×2
GD General Dynamics Corporation Common Stock	$2,252,966	0.20%	6,360	$62,536	Down ×4
WMB Williams Companies, Inc. (The) Common Stock	$2,239,121	0.20%	30,120	$-45,225	Down ×6
TMUS T-Mobile US, Inc. - Common Stock	$1,991,123	0.18%	11,871	$-467,908	Up ×4
MAS Masco Corporation Common Stock	$1,931,479	0.17%	23,737	$507,713	Up ×1
TSLA Tesla, Inc. - Common Stock	$1,911,207	0.17%	4,544	$332,012	Up ×2
NFLX Netflix, Inc. - Common Stock	$1,829,268	0.16%	25,620	$-826,395	Down ×2
MA Mastercard Incorporated Common Stock	$1,740,077	0.16%	3,388	$-18,727	Down ×1
ABT Abbott Laboratories Common Stock	$1,703,190	0.15%	18,770	$-201,851	Up ×3
DHR Danaher Corporation Common Stock	$1,635,461	0.15%	8,586	$30,307	Up ×2
YUM Yum! Brands, Inc.	$1,469,273	0.13%	9,191	$5,273	Down ×3
VRTX Vertex Pharmaceuticals Incorporated - Common Stock	$1,462,373	0.13%	2,944	$125,433	Down ×6
XLB XLB	$1,454,348	0.13%	28,611	$-51,298	Down ×2
ABBV AbbVie Inc. Common Stock	$1,423,024	0.13%	5,655	$140,050	Down ×2
ETN Eaton Corporation, PLC Ordinary Shares	$1,420,684	0.13%	3,334	$477,866	Up ×4
COP ConocoPhillips Common Stock	$1,413,960	0.13%	13,601	$-372,660	Up ×1
SPY SPY	$1,391,979	0.12%	1,864	$-64,132	Down ×3
RTX RTX Corporation Common Stock	$1,289,974	0.12%	6,799	$-21,554
INTC Intel Corporation - Common Stock	$1,233,631	0.11%	8,835	$843,081	Down ×2
AMAT Applied Materials, Inc. - Common Stock	$1,218,255	0.11%	1,685	$642,339
CVX Chevron Corporation Common Stock	$1,212,701	0.11%	7,316	$-314,842	Down ×3
XLF SELECT SECTOR SPDR TRUST	$1,206,333	0.11%	22,502	$79,117	Down ×1
PEP PepsiCo, Inc. - Common Stock	$1,199,237	0.11%	8,857	$-203,808	Down ×3
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
IBM International Business Machines Corporation Common Stock	$1,170,959	0.10%	4,164	$161,647
Unknown issuer (CUSIP: 438516205)	$1,166,295	0.10%	5,247		Up ×1
Unknown issuer (CUSIP: 43849R105)	$1,151,606	0.10%	5,247		Up ×1
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	$1,149,056	0.10%	18,696	$268,342	Up ×2
MUB iShares Trust	$1,116,019	0.10%	10,370	$15,243
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	$50,512,369	4.52%	up ×3
IBDX	$15,891,923	1.42%	up ×3
IBDY	$15,706,061	1.41%	up ×3
IBDW	$15,462,297	1.39%	up ×3
IBDV	$15,321,601	1.37%	up ×3
IBDU	$15,192,096	1.36%	up ×3
IBDT	$14,935,548	1.34%	up ×3
IBDZ	$13,348,404	1.20%	up ×6
PANW	$5,470,643	0.49%	up ×5
HD	$5,241,530	0.47%	up ×5
AVGO	$2,870,145	0.26%	up ×4
DIS	$2,731,960	0.24%	up ×5
MCD	$2,619,304	0.23%	up ×5
TMUS	$1,991,123	0.18%	up ×4
ABT	$1,703,190	0.15%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
IBHG	$32,936,338	1,491,682	2.95%
Unknown issuer (CUSIP: 46438G166)	$3,322,831	132,068	0.30%
Unknown issuer (CUSIP: 438516205)	$1,166,295	5,247	0.10%
Unknown issuer (CUSIP: 43849R105)	$1,151,606	5,247	0.10%
UBER	$252,704	3,502	0.02%
DE	$223,284	352	0.02%
SHW	$205,559	597	0.02%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
QQQ	Bought more	+4K	+$24.9M
VOO	Trimmed	-3K	+$16.2M
AROW	Trimmed	-19K	+$13.2M
TLH	Bought more	+86K	+$8.6M
IJH	Trimmed	-19K	+$7.4M
IJR	Trimmed	-24K	+$5.6M
IBDS	Trimmed	-225K	-$5.5M
IBDR	Trimmed	-225K	-$5.5M
VOLT	Bought more	+38K	+$5.1M
MRVL	Trimmed	-2K	+$5.1M

1 position hidden — reported move looks larger than the position itself (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	669,534	$15,546,580
IBDQ	Sept. 30, 2025	473,024	$11,910,745
XHB	June 30, 2025	79,376	$7,691,486	-1.9%
HON	June 30, 2026	10,307	$2,329,691	-4.4%
PM	June 30, 2025	3,230	$512,698	2.9%
LEN	Dec. 31, 2025	3,518	$443,409	-22.4%
IGSB	Sept. 30, 2025	6,625	$349,535
INTU	June 30, 2026	750	$324,285	7.7%
MO	June 30, 2025	4,995	$299,800	14.9%
CPK	Sept. 30, 2025	2,480	$298,146	-5.4%
FISV	Dec. 31, 2025	2,169	$279,649	-34.0%
SHY	Dec. 31, 2025	3,226	$267,629
PAYX	March 31, 2026	2,240	$251,283	7.4%
IBMN	Dec. 31, 2025	9,006	$241,271
NGG	Sept. 30, 2025	3,233	$240,568	4.7%
TROW	Dec. 31, 2025	2,303	$236,380	2.2%
SDY	March 31, 2026	1,642	$228,501
PYPL	Sept. 30, 2025	3,026	$224,892	-21.3%
UBER	March 31, 2026	2,669	$218,084	-5.3%
SHW	Dec. 31, 2025	597	$206,717	-1.4%
OTIS	Sept. 30, 2025	2,075	$205,467	-29.9%
GIS	Dec. 31, 2025	4,049	$204,151	-31.2%