Arkansas Financial Group, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 13, 2026), Arkansas Financial Group, Inc. reported 94 stock positions worth $717.0 million. Its top holding was SS SPDR Dow Jones Indus Avg (DIA) at 14.4% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 9.2%) and Vngrd Mrngstr MD-Cap ETF-Usd (VO, 6.3%). Compared with Q4 2025, it opened 3 new positions, sold out of 1, added to 50 and reduced 25. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +158%) and the biggest sale iShares 1-5Y Inv Grade (IGSB, shares −2%).

Most Recent 13F
Q2 2026
Location
LITTLE ROCK, AR
CIK
0000764611
Portfolio Value
$717.0M (Q1 2026)
SEC Filing
0000764611-26-000005 ↗ filed Apr 13, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $568.2M Q1 2024 Q2 2024: $561.6M Q2 2024 Q3 2024: $610.4M Q3 2024 Q4 2024: $619.1M Q4 2024 Q1 2025: $578.3M Q1 2025 Q2 2025: $643.9M Q2 2025 Q3 2025: $679.4M Q3 2025 Q4 2025: $693.6M Q4 2025 Q1 2026: $717.0M $717.0M Q1 2026 Q2 2026: $767.6M Q2 2026

Holdings 94 stocks · $717.0M
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 14.42% 215,773 $103.4M Add +0.2%
IJH iShares Core S&P Midcap ETF 9.19% 934,195 $65.9M Reduce -4.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 6.32% 151,801 $45.3M Add +0.5%
IVV iShares Core S&P 500 ETF 5.99% 63,278 $43.0M Add +3.0%
SPSB SS SPDR P St C Corp. ETF 5.90% 1,408,718 $42.3M Add +4.0%
QQQ Invesco QQQ Trust Series 1 5.70% 67,444 $40.9M Add +2.0%
IGSB iShares 1-5Y Inv Grade Corp. 4.32% 589,543 $31.0M Reduce -1.8%
SPBO SS SPDR P Corp. Bond ETF 3.56% 877,107 $25.5M Add +6.9%
IGIB iShares 5-10Y Inv Grade Corp. 3.35% 449,664 $24.0M Add +9.9%
STIP iShares 0-5 Year Tips Bond E 2.80% 194,455 $20.1M Add +6.3%
SUB iShares Short-Term National 2.60% 175,251 $18.7M Add +0.6%
EMXC iShares MSCI Emr MRK Ex Chna 2.33% 196,741 $16.7M Reduce -5.6%
VGT Vanguard Info Tech ETF 2.22% 21,550 $15.9M Add +6.1%
FDM First Trust Dow J Select Mic 1.97% 164,639 $14.1M Reduce -5.1%
TIP iShares Tips Bond ETF 1.65% 106,618 $11.8M Reduce -8.0%
IHI iShares U.S. Medical Devices 1.61% 211,861 $11.5M Add +4.5%
IYG iShares U.S. Financial Servi 1.53% 127,826 $11.0M Add +4.4%
GUNR NT Mstar GLBL NR ETF 1.23% 157,651 $8.8M Reduce -10.6%
IWC iShares Micro-Cap ETF 1.20% 51,294 $8.6M Reduce -2.6%
ONEQ Fidelity Nasdaq Comp Indx 1.19% 95,768 $8.5M Add +27.1%
SPSM SS SPDR P S&P 600 Small Cap 1.14% 161,507 $8.2M Add +18.5%
IYH iShares U.S. Healthcare ETF 1.14% 129,578 $8.1M Add +7.1%
BNDX Vanguard Total Intl Bond ETF 1.06% 156,798 $7.6M Add +3.2%
SCHE Schwab Emrg Mrkts Eqty ETF 1.05% 219,433 $7.6M Reduce -2.8%
IJR iShares Core S&P Small-Cap E 0.87% 48,300 $6.3M Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.83% 8,791 $5.9M Add +0.3%
IAGG iShares Intl Aggregate Bond 0.82% 116,643 $5.8M Reduce -1.2%
QQQM Invesco Nasdaq 100 ETF 0.79% 22,609 $5.6M Add +157.7%
XLRE SS Real Estate Select Sector 0.78% 131,543 $5.6M Add +4.0%
IYR iShares US Real Estate ETF 0.73% 53,063 $5.2M Reduce -0.9%
FIW First Trust Water ETF 0.68% 45,814 $4.9M Add +0.5%
MUB iShares National Muni Bond E 0.67% 44,755 $4.8M Reduce -3.2%
IYY iShares Dow Jones U.S. ETF 0.64% 27,983 $4.6M Add +7.5%
JPIB JPMorgan Intl BND ETF 0.63% 93,800 $4.5M Add +18.6%
USMV iShares MSCI USA Min Vol Fac 0.54% 41,464 $3.9M No change
IAU iShares Gold Trust 0.54% 43,766 $3.9M Add +7.2%
ISTB iShares Core 1-5 Year Usd Bo 0.49% 72,387 $3.5M Reduce -8.4%
REZ Ishars Res and Multi Reales 0.48% 40,106 $3.5M Add +10.9%
FMB First Trust Managed Municipa 0.45% 63,546 $3.2M Reduce -2.1%
IEFA iShares Core MSCI Eafe ETF 0.43% 31,944 $3.0M Add +2.6%
DFNL Davis Select Financial ETF 0.40% 61,463 $2.9M Add +7.3%
RSPF Invesco S&P 500 Equal Weight 0.37% 36,111 $2.7M Add +0.6%
AAPL Apple Inc. 0.30% 8,322 $2.2M No change
COMT iShares Gsci Commodity Dynam 0.28% 61,324 $2.0M Reduce -14.4%
SCHP Schwab U.S. Tips ETF 0.26% 70,297 $1.9M Reduce -2.4%
IGE iShares North American Natur 0.25% 28,859 $1.8M Reduce -5.5%
SCHM Schwab US Mid Cap ETF 0.22% 48,623 $1.6M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 0.21% 3,066 $1.5M No change
XSD SS SPDR S&P Semiconductor 0.20% 4,091 $1.5M Reduce -1.4%
ACWV iShares MSCI Global Min Vol 0.20% 11,493 $1.4M No change
SCHF Schwab Intl Equity ETF 0.19% 53,264 $1.4M Add +43.6%
IGV iShares Expanded Tech-Softwa 0.18% 16,622 $1.3M Add +4.0%
VGSH Vanguard Short-Term Treasury 0.18% 22,608 $1.3M Add +27.7%
USCI United States Commodity Inde 0.18% 13,599 $1.3M Add +4.3%
VNQ Vanguard Real Estate ETF 0.16% 12,408 $1.1M Add +3.3%
WMT Walmart Inc. 0.15% 8,284 $1.1M Add +0.0%
IEUR iShares Core MSCI Europe ETF 0.13% 12,806 $948K Add +42.2%
MOO Vaneck Agribusiness ETF 0.12% 10,397 $896K Reduce -3.7%
JPM JPMorgan Chase & Co. 0.11% 2,637 $812K Add +0.4%
IHE iShares US Pharmaceuticals E 0.11% 9,011 $791K Add +26.3%
HMOP Hartford Municipal Opp ETF 0.11% 20,223 $790K Add +39.3%
EMB iShares JP Morgan Usd Emergi 0.10% 7,755 $738K Add +0.5%
MSFT Microsoft Corp. 0.09% 1,709 $640K No change
IEMG iShares Core MSCI Emerging 0.08% 8,039 $596K Reduce -2.4%
SPMD SS SPDR P S&P 400 Midcap ETF 0.08% 9,635 $596K Reduce -28.1%
NSC Norfolk Southern Corp. 0.08% 2,006 $590K Reduce -2.5%
AMZN Amazon.com Inc. 0.08% 2,573 $569K No change
GRID First TRST Nasd Class Edg Sgiif 0.08% 3,180 $556K Add +68.3%
CNP Centerpoint Energy Inc. 0.07% 11,314 $494K Reduce -0.9%
VGLT Vanguard Long-Term Treasury 0.07% 8,588 $477K Add +0.2%
RING iShares MSCI Global Gold Min 0.07% 5,613 $474K Add +20.4%
NVDA Nvidia Corp. 0.06% 2,513 $458K No change
IEI iShares 3-7 Year Treasury Bo 0.06% 3,733 $442K Add +1.9%
USRT iShares Core US REIT ETF 0.06% 6,811 $418K Add +2.5%
OZK Bank Ozk 0.06% 8,410 $399K Reduce -23.5%
JNJ Johnson & Johnson 0.05% 1,564 $377K No change
IPAC iShares Core MSCI Pacific Et 0.05% 4,534 $367K Add +20.9%
ABBV Abbvie Inc. 0.05% 1,733 $367K No change
SPLV Invesco S&P 500 Low Volatili 0.05% 4,668 $348K No change
ELD Wisdomtree Emrg MKTS Debt 0.05% 11,925 $345K Add +4.4%
MCD McDonald's Corp. 0.05% 1,099 $337K No change
VOO Vanguard S&P 500 ETF 0.05% 542 $337K New
WEST Westrock Coffee Co. 0.05% 66,126 $331K No change
VGIT Vanguard Intermediate-Term T 0.04% 5,396 $321K Add +2.2%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.04% 5,559 $297K No change
AVGO Broadcom Inc. 0.04% 837 $293K No change
EMLC Vaneck JPM Em Local Curr BND 0.04% 10,773 $277K Add +25.0%
XOM Exxon Mobil Corp. 0.04% 1,754 $274K Add +0.6%
AOA iShares Core 80/20 Aggressiv 0.04% 2,960 $271K Add +2.6%
HOMB Home Bancshares Inc. 0.04% 9,127 $257K No change
SHY iShares 1-3 Year Treasury Bo 0.03% 2,861 $236K Add +7.7%
PSA Public Storage 0.03% 766 $222K New
VTI VG Morningstar TS MKT ETF-US 0.03% 652 $218K New
TSLA Tesla Inc. 0.03% 602 $206K No change

Portfolio Sells Q4 2025 → Q1 2026
IGSB iShares 1-5Y Inv Grade Corp. Reduce -1.8% 4.32% −0.26
TIP iShares Tips Bond ETF Reduce -8.0% 1.65% −0.19
IJH iShares Core S&P Midcap ETF Reduce -4.8% 9.19% −0.15
ISTB iShares Core 1-5 Year Usd Bo Reduce -8.4% 0.49% −0.07
MUB iShares National Muni Bond E Reduce -3.2% 0.67% −0.05
IAGG iShares Intl Aggregate Bond Reduce -1.2% 0.82% −0.04
IBM Intl Business Machines Corp. Sold out 0.00% −0.03
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -28.1% 0.08% −0.03
FMB First Trust Managed Municipa Reduce -2.1% 0.45% −0.03
FDM First Trust Dow J Select Mic Reduce -5.1% 1.97% −0.02
OZK Bank Ozk Reduce -23.5% 0.06% −0.02
SCHP Schwab U.S. Tips ETF Reduce -2.4% 0.26% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -2.8% 1.05% −0.01
NSC Norfolk Southern Corp. Reduce -2.5% 0.08% −0.00
IYR iShares US Real Estate ETF Reduce -0.9% 0.73% +0.00
IEMG iShares Core MSCI Emerging Reduce -2.4% 0.08% +0.00
SCHM Schwab US Mid Cap ETF Reduce -1.8% 0.22% +0.01
CNP Centerpoint Energy Inc. Reduce -0.9% 0.07% +0.01
IWC iShares Micro-Cap ETF Reduce -2.6% 1.20% +0.01
MOO Vaneck Agribusiness ETF Reduce -3.7% 0.12% +0.01
XSD SS SPDR S&P Semiconductor Reduce -1.4% 0.20% +0.01
COMT iShares Gsci Commodity Dynam Reduce -14.4% 0.28% +0.02
IJR iShares Core S&P Small-Cap E Reduce -1.1% 0.87% +0.03
IGE iShares North American Natur Reduce -5.5% 0.25% +0.03
GUNR NT Mstar GLBL NR ETF Reduce -10.6% 1.23% +0.06
EMXC iShares MSCI Emr MRK Ex Chna Reduce -5.6% 2.33% +0.14

Portfolio Buys Q4 2025 → Q1 2026
QQQM Invesco Nasdaq 100 ETF Add +157.7% 0.79% +0.47
SPSM SS SPDR P S&P 600 Small Cap Add +18.5% 1.14% +0.22
ONEQ Fidelity Nasdaq Comp Indx Add +27.1% 1.19% +0.20
IGIB iShares 5-10Y Inv Grade Corp. Add +9.9% 3.35% +0.17
STIP iShares 0-5 Year Tips Bond E Add +6.3% 2.80% +0.10
SPBO SS SPDR P Corp. Bond ETF Add +6.9% 3.56% +0.09
JPIB JPMorgan Intl BND ETF Add +18.6% 0.63% +0.07
SCHF Schwab Intl Equity ETF Add +43.6% 0.19% +0.07
IAU iShares Gold Trust Add +7.2% 0.54% +0.07
REZ Ishars Res and Multi Reales Add +10.9% 0.48% +0.05
VOO Vanguard S&P 500 ETF New 0.05% +0.05
XLRE SS Real Estate Select Sector Add +4.0% 0.78% +0.04
IEUR iShares Core MSCI Europe ETF Add +42.2% 0.13% +0.04
GRID First TRST Nasd Class Edg Sgiif Add +68.3% 0.08% +0.04
VGSH Vanguard Short-Term Treasury Add +27.7% 0.18% +0.03
USCI United States Commodity Inde Add +4.3% 0.18% +0.03
PSA Public Storage New 0.03% +0.03
VTI VG Morningstar TS MKT ETF-US New 0.03% +0.03
HMOP Hartford Municipal Opp ETF Add +39.3% 0.11% +0.03
IEFA iShares Core MSCI Eafe ETF Add +2.6% 0.43% +0.02
IHE iShares US Pharmaceuticals E Add +26.3% 0.11% +0.02
IYY iShares Dow Jones U.S. ETF Add +7.5% 0.64% +0.02
RING iShares MSCI Global Gold Min Add +20.4% 0.07% +0.02
WMT Walmart Inc. Add +0.0% 0.15% +0.01
VGT Vanguard Info Tech ETF Add +6.1% 2.22% +0.01
IPAC iShares Core MSCI Pacific Et Add +20.9% 0.05% +0.01
XOM Exxon Mobil Corp. Add +0.6% 0.04% +0.01
EMLC Vaneck JPM Em Local Curr BND Add +25.0% 0.04% +0.01
VNQ Vanguard Real Estate ETF Add +3.3% 0.16% +0.01
USRT iShares Core US REIT ETF Add +2.5% 0.06% +0.00
DFNL Davis Select Financial ETF Add +7.3% 0.40% +0.00
SPSB SS SPDR P St C Corp. ETF Add +4.0% 5.90% +0.00
SHY iShares 1-3 Year Treasury Bo Add +7.7% 0.03% +0.00
AOA iShares Core 80/20 Aggressiv Add +2.6% 0.04% +0.00
ELD Wisdomtree Emrg MKTS Debt Add +4.4% 0.05% 0.00
IYH iShares U.S. Healthcare ETF Add +7.1% 1.14% −0.00
VGIT Vanguard Intermediate-Term T Add +2.2% 0.04% −0.00
IEI iShares 3-7 Year Treasury Bo Add +1.9% 0.06% −0.00
BNDX Vanguard Total Intl Bond ETF Add +3.2% 1.06% −0.00
VGLT Vanguard Long-Term Treasury Add +0.2% 0.07% −0.00
EMB iShares JP Morgan Usd Emergi Add +0.5% 0.10% −0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.5% 6.32% −0.00
JPM JPMorgan Chase & Co. Add +0.4% 0.11% −0.01
FIW First Trust Water ETF Add +0.5% 0.68% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +0.3% 0.83% −0.03
RSPF Invesco S&P 500 Equal Weight Add +0.6% 0.37% −0.03
IGV iShares Expanded Tech-Softwa Add +4.0% 0.18% −0.06
IVV iShares Core S&P 500 ETF Add +3.0% 5.99% −0.08
SUB iShares Short-Term National Add +0.6% 2.60% −0.08
IYG iShares U.S. Financial Servi Add +4.4% 1.53% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$767.6MDIA, IJH, VO, QQQ, IVV
Q1 2026 94$717.0MDIA, IJH, VO, IVV, SPSB
Q4 2025 92$693.6MDIA, IJH, VO, IVV, SPSB
Q3 2025Amended 93$679.4MDIA, IJH, VO, IVV, SPSB
Q2 2025Amended 80$643.9MDIA, IJH, VO, IVV, SPSB
Q1 2025Amended 77$578.3MDIA, IJH, VO, IGSB, SPSB
Q4 2024 75$619.1MDIA, IJH, VO, IGSB, IVV
Q3 2024 78$610.4MDIA, IJH, VO, IGSB, IVV
Q2 2024 76$561.6MDIA, IJH, IGSB, VO, IVV
Q1 2024 69$568.2MDIA, IJH, IGSB, VO, TIP