Arrow Financial Corp
Long book
$994.0M
Q1 2026
Positions
157
Top-10 weight
54%
concentration
Last quarter
+12.2%
SPY +14.8%
Turnover
3%
of book per quarter
Strategy in plain words
auto-generated from filingsArrow Financial Corp is a wealth-management firm allocating client money, running a $994.0M US long book across 157 positions.
The portfolio is concentrated: the top 10 names carry 54% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, INVESCO QQQ TRUST SERIES 1, ARROW FINANCIAL CORP, ISHARES CORE S&P MIDCAP ETF, ISHARES CORE S&P SMALL-CAP E.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+6.2%
Q3 2024
+1.0%
Q4 2024
-3.4%
Q1 2025
+7.5%
Q2 2025
+6.6%
Q3 2025
+2.7%
Q4 2025
-1.1%
Q1 2026
+12.2%
Sector allocation
Technology 33%
Financials 29%
Consumer discretionary 10%
Industrials 8%
Healthcare 7%
Services media 4%
Energy 3%
Other 2%
Long book by quarter
What does Arrow Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AROW ARROW FINANCIAL CORP | Financials | 1.9M | $63.1M | 6.3% | +0.4% |
| AAPL APPLE INC | Technology | 69.2K | $17.6M | 1.8% | -3.0% |
| NVDA NVIDIA CORP | Technology | 100.0K | $17.4M | 1.8% | -2.3% |
| GOOGL ALPHABET INC-CL A | Technology | 52.9K | $15.2M | 1.5% | -3.7% |
| MSFT MICROSOFT CORP | Technology | 35.7K | $13.2M | 1.3% | +4.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 39.0K | $8.1M | 0.8% | +0.6% |
| JPM JPMORGAN CHASE & CO | Financials | 24.4K | $7.2M | 0.7% | -4.0% |
| APH AMPHENOL CORP-CL A | Technology | 38.9K | $4.9M | 0.5% | -3.4% |
| HD HOME DEPOT INC | Consumer discretionary | 14.8K | $4.9M | 0.5% | +0.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 19.1K | $4.7M | 0.5% | -4.7% |
| XOM EXXON MOBIL CORP | Energy | 27.3K | $4.6M | 0.5% | -7.4% |
| ORCL ORACLE CORP | Technology | 31.3K | $4.6M | 0.5% | +5.1% |
| META META PLATFORMS INC-CLASS A | Technology | 8.0K | $4.6M | 0.5% | +3.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 9.1K | $4.4M | 0.4% | -3.6% |
| LLY ELI LILLY & CO | Healthcare | 4.7K | $4.3M | 0.4% | -5.3% |
| CAT CATERPILLAR INC | Industrials | 5.9K | $4.2M | 0.4% | -13.3% |
| V VISA INC-CLASS A SHARES | Services media | 13.7K | $4.1M | 0.4% | +1.1% |
| CSCO CISCO SYSTEMS INC | Technology | 47.4K | $3.7M | 0.4% | +1.0% |
| WMT WALMART INC | Consumer discretionary | 28.9K | $3.6M | 0.4% | -9.9% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 3.4K | $3.4M | 0.3% | -3.3% |
| BLK BLACKROCK INC | Financials | 3.4K | $3.3M | 0.3% | -3.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 20.6K | $3.3M | 0.3% | -3.1% |
| CRM SALESFORCE INC | Technology | 17.4K | $3.2M | 0.3% | +11.9% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 20.2K | $3.2M | 0.3% | +3.6% |
| GOOG ALPHABET INC-CL C | Technology | 10.8K | $3.1M | 0.3% | -7.3% |
| AMGN AMGEN INC | Healthcare | 8.7K | $3.1M | 0.3% | -3.6% |
| BAC BANK OF AMERICA CORP | Financials | 62.8K | $3.1M | 0.3% | -3.5% |
| MCD MCDONALD'S CORP | Consumer discretionary | 9.5K | $2.9M | 0.3% | +0.3% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 28.5K | $2.8M | 0.3% | +7.7% |
| NFLX NETFLIX INC | Services media | 27.6K | $2.7M | 0.3% | -9.0% |
| DIS WALT DISNEY CO/THE | Services media | 27.5K | $2.7M | 0.3% | +9.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 18.2K | $2.6M | 0.3% | -6.3% |
| KO COCA-COLA CO/THE | Consumer staples | 32.9K | $2.5M | 0.3% | -5.3% |
| MS MORGAN STANLEY | Financials | 15.2K | $2.5M | 0.3% | -6.7% |
| PANW PALO ALTO NETWORKS INC | Technology | 15.5K | $2.5M | 0.3% | +24.2% |
| SYK STRYKER CORP | Healthcare | 7.6K | $2.5M | 0.3% | -4.4% |
| TMUS T-MOBILE US INC | Communications | 11.7K | $2.5M | 0.2% | +8.3% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 4.9K | $2.4M | 0.2% | -3.6% |
| PWR QUANTA SERVICES INC | Industrials | 4.2K | $2.3M | 0.2% | -4.3% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 10.3K | $2.3M | 0.2% | +0.2% |
| WMB WILLIAMS COS INC | Utilities | 31.4K | $2.3M | 0.2% | -5.4% |
| TRV TRAVELERS COS INC/THE | Financials | 7.8K | $2.3M | 0.2% | -4.3% |
| GD GENERAL DYNAMICS CORP | Industrials | 6.4K | $2.2M | 0.2% | -4.7% |
| UNP UNION PACIFIC CORP | Industrials | 8.4K | $2.0M | 0.2% | -4.2% |
| CMI CUMMINS INC | Industrials | 3.7K | $2.0M | 0.2% | -12.4% |
| AVGO BROADCOM INC | Technology | 6.3K | $2.0M | 0.2% | +28.9% |
| ABT ABBOTT LABORATORIES | Healthcare | 18.6K | $1.9M | 0.2% | +4.6% |
| COP CONOCOPHILLIPS | Energy | 13.5K | $1.8M | 0.2% | -8.1% |
| MA MASTERCARD INC - A | Services media | 3.5K | $1.8M | 0.2% | +2.4% |
| TER TERADYNE INC | Technology | 5.7K | $1.7M | 0.2% | -4.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 278 | $994.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 318 | $1.00B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 288 | $978.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 286 | $949.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 310 | $894.5M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 486 | $1.05B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 4, 2024 | 720 | $1.08B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 30, 2024 | 712 | $1.03B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 21, 2024 | 703 | $1.01B | canonical | SEC ↗ |