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ARKANSAS FINANCIAL GROUP, INC. — 13F Holdings & Portfolio

CIK 764611 · latest 13F-HR filed 2026-07-20

Backtest portfolio

ARKANSAS FINANCIAL GROUP, INC. manages $767.6M in 13F-reported U.S. long-equity assets across 97 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DIA (14.52%), IJH (9.01%), VO (6.33%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 1; 50 existing positions rose in reported value and 12 fell.

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.

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AUM
$767.6M

Long-equity book

Holdings
97

Distinct positions

Period
2026-06-30

Filed 2026-07-20

Q/Q Activity
+4 / −1 / ↑50 / ↓12

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
DIA14.5% · -1%IJH9.0% · -4%VO6.3% · +297%QQQ6.3% · -2%IVV6.2% · +0%SPSB5.8% · +5%IGSB4.0% · -1%SPBO3.6% · +10%IGIB3.1% · -2%STIP2.6% · +2%SUB2.4% · -1%VGT2.4% · +620%EMXC2.4% · -8%FDM2.0% · -1%IYG1.5% · +2%TIP1.5% · -1%IYH1.4% · +20%IHI1.3% · -6%IWC1.2% · -6%SPSM1.2% · +1%ONEQ1.2% · -7%QQQM1.0% · +11%GUNR1.0% · -4%SCHE1.0% · -8%BNDX0.9% · -4%SPY0.9% · +5%IJR0.9% · -4%XLRE0.8% · +3%IAGG0.8% · -1%IYY0.7% · +6%IYR0.7% · -1%JPIB0.7% · +10%FIW0.6% · -2%MUB0.6% · +0%REZ0.5% · +6%USMV0.5% · -2%IAU0.5% · +17%ISTB0.5% · -1%DFNL0.4% · +14%FMB0.4% · -0%IEFA0.4% · +5%RSPF0.4% · +1%AAPL0.3% · +1%XSD0.3% · -6%IHE0.3% · +161%COMT0.2% · -1%SCHM0.2% · -1%IGE0.2% · +1%SCHF0.2% · +7%SCHP0.2% · -15%BRK.B0.2% · -2%USCI0.2% · +17%ACWV0.2% · 0%VGSH0.2% · +1%HMOP0.2% · +65%IGV0.2% · -20%VNQ0.2% · -1%WEST0.1% · +93%IEUR0.1% · +5%WMT0.1% · -0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 61.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 4, 2026.

Assets Under Management
$971.1M
Discretionary
$971.1M
Employees
11
Accounts
1,661
Address
1001 N. UNIVERSITY AVE.
SUITE 200
LITTLE ROCK, AR 72207-6366
Phone
(501) 376-9051
Website
Mailing Address
P.O. BOX 7757, LITTLE ROCK, AR, 72217-7757
Name Title / Status Ownership Type
ADKINS, FREDRICK, EARL ControlCHIEF EXECUTIVE OFFICER
since Jun 1982
10–25%Individual
BOLHOUSE, KRISTINA, KATHLEEN ControlPRESIDENT
since Dec 2024
25–50%Individual
BROADWATER, JOHN, RALPH ControlCHIEF INVESTMENT OFFICER
since Jan 2009
25–50%Individual
MCCRAW, MARY, ELIZABETH ControlCHIEF COMPLIANCE OFFICER
since Mar 2021
10–25%Individual
Ownership & leadership changes · 6 filings with changes since Mar 13, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 9, 2025 filing
  • ChangedBOLHOUSE, KRISTINA, KATHLEEN · title CHIEF FINANCIAL OFFICER → PRESIDENT
Mar 13, 2024 filing
  • ChangedADKINS, FREDRICK, EARL · ownership 25–50% → 10–25%
  • ChangedMCCRAW, MARY, ELIZABETH · ownership 5–10% → 10–25%
Mar 23, 2023 filing
  • ChangedBOLHOUSE, KRISTINA, KATHLEEN · title VICE PRESIDENT / SECRETARY → CHIEF FINANCIAL OFFICER
  • ChangedBROADWATER, JOHN, RALPH · title VICE PRESIDENT → CHIEF INVESTMENT OFFICER
  • ChangedMCCRAW, MARY, ELIZABETH · ownership Less than 5% → 5–10%
Mar 30, 2022 filing
  • ChangedBROADWATER, JOHN, RALPH · now a control person
  • ChangedMCCRAW, MARY, ELIZABETH · now a control person
Mar 26, 2021 filing
  • AddedMCCRAW, MARY, ELIZABETH · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ChangedBOLHOUSE, KRISTINA, KATHLEEN · title VICE PRESIDENT / SECRETARY / CHIEF COMPLIANCE OFFICER → VICE PRESIDENT / SECRETARY
Mar 12, 2020 filing
  • ChangedADKINS, FREDRICK, EARL · ownership 50–75% → 25–50%
  • ChangedBROADWATER, JOHN, RALPH · ownership 10–25% → 25–50%
Mar 13, 2012 filing (earliest on record)
  • ListedADKINS, FREDRICK, EARL · CHIEF EXECUTIVE OFFICER · 50–75% · control person
  • ListedBOLHOUSE, KRISTINA, KATHLEEN · VICE PRESIDENT / SECRETARY / CHIEF COMPLIANCE OFFICER · 25–50% · control person
  • ListedBROADWATER, JOHN, RALPH · VICE PRESIDENT · 10–25%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 50 →

Top Trims

Show all 12 →

New Positions

Show all 4 →

Exited Positions

Show all 1 →

ARKANSAS FINANCIAL GROUP, INC. Holdings (2026-06-30)

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 STATE STR SPDR DOW JONES IND DIA 78467X109 $111.5M 14.52% 213,367 SH
2 ISHARES TR IJH 464287507 $69.2M 9.01% 896,833 SH
3 VANGUARD INDEX FDS VO 922908629 $48.6M 6.33% 602,670 SH
4 INVESCO QQQ TR QQQ 46090E103 $48.5M 6.32% 65,851 SH
5 ISHARES TR IVV 464287200 $47.6M 6.20% 63,594 SH
6 SPDR SERIES TRUST SPSB 78464A474 $44.4M 5.78% 1,479,226 SH
7 ISHARES TR IGSB 464288646 $30.5M 3.97% 581,391 SH
8 SPDR SERIES TRUST SPBO 78464A144 $28.0M 3.64% 962,946 SH
9 ISHARES TR IGIB 464288638 $23.5M 3.06% 441,461 SH
10 ISHARES TR STIP 46429B747 $20.3M 2.64% 198,408 SH
11 ISHARES TR SUB 464288158 $18.6M 2.42% 174,286 SH
12 VANGUARD WORLD FD VGT 92204A702 $18.5M 2.42% 155,103 SH
13 ISHARES INC EMXC 46434G764 $18.5M 2.41% 180,464 SH
14 FIRST TR EXCHANGE-TRADED FD FDM 33718M105 $15.1M 1.97% 162,503 SH
15 ISHARES TR IYG 464287770 $11.8M 1.54% 130,414 SH
16 ISHARES TR TIP 464287176 $11.5M 1.50% 105,166 SH
17 ISHARES TR IYH 464287762 $10.5M 1.36% 156,064 SH
18 ISHARES TR IHI 464288810 $9.9M 1.29% 200,285 SH
19 ISHARES TR IWC 464288869 $9.6M 1.25% 47,956 SH
20 SPDR SERIES TRUST SPSM 78468R853 $9.4M 1.23% 163,513 SH
21 FIDELITY COMWLTH TR ONEQ 315912808 $9.2M 1.20% 89,482 SH
22 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $7.6M 0.99% 25,192 SH
23 FLEXSHARES TR GUNR 33939L407 $7.5M 0.98% 151,996 SH
24 SCHWAB STRATEGIC TR SCHE 808524706 $7.3M 0.96% 202,394 SH
25 VANGUARD CHARLOTTE FDS BNDX 92203J407 $7.3M 0.95% 150,290 SH
26 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $6.9M 0.90% 9,232 SH
27 ISHARES TR IJR 464287804 $6.8M 0.89% 46,150 SH
28 SELECT SECTOR SPDR TR XLRE 81369Y860 $6.0M 0.78% 135,858 SH
29 ISHARES TR IAGG 46435G672 $5.8M 0.76% 115,540 SH
30 ISHARES TR IYY 464287846 $5.4M 0.71% 29,721 SH
31 ISHARES TR IYR 464287739 $5.3M 0.70% 52,304 SH
32 J P MORGAN EXCHANGE TRADED F JPIB 46641Q852 $5.0M 0.65% 103,507 SH
33 FIRST TR EXCHANGE-TRADED FD FIW 33733B100 $4.9M 0.64% 44,810 SH
34 ISHARES TR MUB 464288414 $4.8M 0.63% 44,980 SH
35 ISHARES TR REZ 464288562 $4.0M 0.52% 42,293 SH
36 ISHARES TR USMV 46429B697 $3.9M 0.51% 40,459 SH
37 ISHARES GOLD TR IAU 464285204 $3.9M 0.50% 51,203 SH
38 ISHARES TR ISTB 46432F859 $3.5M 0.45% 71,606 SH
39 DAVIS FUNDAMENTAL ETF TR DFNL 23908L108 $3.4M 0.45% 69,802 SH
40 FIRST TR EXCH TRADED FD III FMB 33739N108 $3.3M 0.42% 63,304 SH
41 ISHARES TR IEFA 46432F842 $3.3M 0.42% 33,659 SH
42 INVESCO EXCHANGE TRADED FD T RSPF 46137V340 $2.8M 0.37% 36,356 SH
43 APPLE INC AAPL 037833100 $2.4M 0.32% 8,401 SH
44 SPDR SERIES TRUST XSD 78464A862 $2.4M 0.31% 3,858 SH
45 ISHARES TR IHE 464288836 $2.3M 0.30% 23,489 SH
46 ISHARES U S ETF TR COMT 46431W853 $1.9M 0.24% 60,946 SH
47 SCHWAB STRATEGIC TR SCHM 808524508 $1.8M 0.23% 48,291 SH
48 ISHARES TR IGE 464287374 $1.6M 0.21% 29,175 SH
49 SCHWAB STRATEGIC TR SCHF 808524805 $1.6M 0.21% 57,194 SH
50 SCHWAB STRATEGIC TR SCHP 808524870 $1.6M 0.21% 59,649 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-20 $767.6M 97 0000764611-26-000006
2026-03-31 2026-04-13 $717.0M 94 0000764611-26-000005
2025-09-30 2026-01-28 $679.4M 93 0000764611-26-000004
Filer Information
Address
1001 N. UNIVERSITY AVE.
SUITE 200
LITTLE ROCK, AR 72207
Phone
(501) 376-9051
Filing Manager
ARKANSAS FINANCIAL GROUP, INC.
LITTLE ROCK, AR
Signatory
Mary McCraw
Chief Compliance Officer