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ARROW FINANCIAL CORP — 13F Holdings & Portfolio

CIK 717538 · latest 13F-HR filed 2026-07-31

Backtest portfolio

ARROW FINANCIAL CORP manages $1.12B in 13F-reported U.S. long-equity assets across 281 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VOO (12.15%), QQQ (9.40%), AROW (6.83%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions, exited 2, added to 80, and trimmed 36.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
250 GLEN ST
GLENS FALLS, NY 12801
Phone
(518) 415-4299
Filing Manager
Arrow Financial Corp
Glens Falls, NY
Signatory
Penko Ivanov
Chief Financial Officer
Loading holdings…
AUM

$1.12B

Long-equity book

Holdings

281

Distinct positions

Period

2026-06-30

Filed 2026-07-31

Q/Q Activity

+7 / −2 / ↑80 / ↓36

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • INVESCO QQQ TRUST SERIES 1$24.9M +30.9%
  • VANGUARD S&P 500 ETF$16.2M +13.4%
  • ARROW FINANCIAL CORPORATION$13.2M +20.9%
  • ISHARES 10-20 YEAR TREASURY BOND ETF$8.6M +94.5%
  • ISHARES CORE S&P MID-CAP ETF$7.4M +11.9%
Show all 80 →

Top Trims

  • ISHARES IBONDS 2026 TERM HIGH YIELD AND INC-$28.2M -90.9%
  • ISHARES IBONDS DEC 2027 TERM CORP-$5.5M -51.8%
  • ISHARES IBONDS DEC 2026 TERM CORP-$5.5M -52.8%
  • EXXON MOBIL CORP-$932.9K -20.2%
  • NETFLIX INC-$826.4K -31.1%
Show all 36 →

New Positions

  • ISHARES TR IBONDS 2027 TERM ETF$32.9M
  • ISHARES TR IBONDS DEC 2036 TERM CORP. ETF$3.3M
  • HONEYWELL TECHNOLOGIES$1.2M
  • HONEYWELL AEROSPACE INC COM$1.2M
  • UBER TECHNOLOGIES INC$252.7K
Show all 7 →

Exited Positions

  • HONEYWELL INTERNATIONAL INC$2.3M
  • INTUIT INC$324.3K
Show all 2 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD S&P 500 ETF VOO 922908363 $135.7M 12.15% 197,546 SH
2 INVESCO QQQ TRUST SERIES 1 QQQ 46090E103 $105.0M 9.40% 142,558 SH
3 ARROW FINANCIAL CORPORATION AROW 042744102 $76.2M 6.83% 1,859,963 SH
4 ISHARES CORE S&P MID-CAP ETF IJH 464287507 $69.5M 6.22% 900,920 SH
5 ISHARES CORE S&P SMALL-CAP ETF IJR 464287804 $52.7M 4.72% 355,256 SH
6 ISHARES CORE MSCI DEV MKTS ETF IDEV 46435G326 $49.6M 4.44% 556,703 SH
7 SPDR PORTFOLIO S&P 500 VALUE ETF SPYV 78464A508 $46.7M 4.19% 768,816 SH
8 ISHARES TR IBONDS 2027 TERM ETF IBHG 46436E478 $32.8M 2.94% 1,485,967 SH
9 VANGUARD MID-CAP ETF VO 922908629 $22.0M 1.97% 272,722 SH
10 TEMA ELECTRIFICATION ETF VOLT 87975E834 $20.7M 1.85% 492,970 SH
11 NVIDIA CORP NVDA 67066G104 $18.1M 1.62% 90,581 SH
12 APPLE INC AAPL 037833100 $18.0M 1.62% 62,347 SH
13 J P MORGAN EXCHANGE TRADED FD EQUITY PREMIUM JEPI 46641Q332 $17.0M 1.52% 301,184 SH
14 ISHARES 10-20 YEAR TREASURY BOND ETF TLH 464288653 $17.0M 1.52% 169,299 SH
15 ALPHABET INC CL A GOOGL 02079K305 $16.7M 1.50% 46,721 SH
16 ISHARES IBONDS DEC 2032 TC ETF IBDX 46436E312 $15.5M 1.39% 614,518 SH
17 ISHARES TR IBONDS DEC 2035 IBCA 46438G372 $15.4M 1.38% 599,394 SH
18 ISHARES IBONDS DEC 2033 CORP IBDY 46436E130 $15.3M 1.37% 594,070 SH
19 ISHARES IBONDS DEC 2031 TERM CORP IBDW 46436E486 $15.0M 1.35% 722,167 SH
20 ISHARES IBONDS DEC 2030 TERM CORP IBDV 46436E726 $15.0M 1.34% 686,293 SH
21 ISHARES IBONDS DEC 2029 TERM CORP IBDU 46436E205 $14.8M 1.33% 640,402 SH
22 ISHARES IBONDS DEC 2028 TERM CORP IBDT 46435U515 $14.7M 1.32% 583,391 SH
23 ISHARES IBONDS DEC 2034 TM CORP IBDZ 46438G653 $12.9M 1.16% 496,552 SH
24 MICROSOFT CORP MSFT 594918104 $12.0M 1.07% 32,045 SH
25 AMAZON.COM INC AMZN 023135106 $8.7M 0.78% 36,374 SH
26 VANGUARD SMALL-CAP ETF VB 922908751 $8.5M 0.76% 28,172 SH
27 MARVELL TECHNOLOGY INC MRVL 573874104 $7.4M 0.67% 24,999 SH
28 AB NEW YORK INTERMEDIATE MUNI ETF NYM 00039J764 $6.7M 0.60% 268,140 SH
29 AMPHENOL CORP CL A APH 032095101 $6.3M 0.57% 35,946 SH
30 JP MORGAN CHASE & CO JPM 46625H100 $6.2M 0.55% 18,869 SH
31 ISHARES CORE U.S. AGGREGATE AGG 464287226 $6.2M 0.55% 62,177 SH
32 PALO ALTO NETWORKS INC PANW 697435105 $5.3M 0.48% 15,678 SH
33 CISCO SYSTEMS INC CSCO 17275R102 $5.2M 0.47% 44,321 SH
34 CATERPILLAR INC CAT 149123101 $5.1M 0.46% 4,779 SH
35 ISHARES IBONDS DEC 2027 TERM CORP IBDS 46435UAA9 $5.1M 0.45% 209,525 SH
36 ISHARES IBONDS DEC 2026 TERM CORP IBDR 46435GAA0 $4.9M 0.44% 200,769 SH
37 HOME DEPOT INC HD 437076102 $4.8M 0.43% 13,612 SH
38 ISHARES NEW YORK MUNI BOND ETF NYF 464288323 $4.5M 0.40% 82,875 SH
39 VISA INC CL A V 92826C839 $4.4M 0.39% 12,682 SH
40 META PLATFORMS INC CL A META 30303M102 $4.3M 0.38% 7,608 SH
41 BERKSHIRE HATHAWAY INC-CL B BRK.B 084670702 $4.2M 0.38% 8,404 SH
42 VANGUARD SHORT TERM CORP BOND ETF VCSH 92206C409 $4.1M 0.37% 52,014 SH
43 ORACLE CORPORATION ORCL 68389X105 $4.1M 0.36% 27,643 SH
44 LILLY ELI & CO LLY 532457108 $3.8M 0.34% 3,151 SH
45 JOHNSON & JOHNSON JNJ 478160104 $3.7M 0.33% 14,427 SH
46 ALPHABET INC CL C GOOG 02079K107 $3.5M 0.31% 9,812 SH
47 ISHARES TR IBONDS DEC 2036 TERM CORP. ETF IBCB 46438G166 $3.3M 0.30% 131,610 SH
48 BANK OF AMERICA CORP BAC 060505104 $3.2M 0.29% 56,452 SH
49 COSTCO WHOLESALE CORP COST 22160K105 $3.1M 0.28% 3,311 SH
50 WALMART INC WMT 931142103 $3.1M 0.28% 27,257 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-31 $1.12B 281 0000717538-26-000112
2026-03-31 2026-05-11 $994.0M 278 0000717538-26-000062
2025-12-31 2026-02-05 $1.00B 318 0000717538-26-000011
2025-09-30 2025-10-21 $978.0M 288 0000717538-25-000086