Arrow Financial Corp
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 31, 2026), Arrow Financial Corp reported 162 stock positions worth $1.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 12.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.4%) and Arrow Financial (AROW, 6.8%). Compared with Q1 2026, it opened 5 new positions, sold out of 1, added to 43 and reduced 88. The biggest buy was a new position in iShares Ibonds 2027 HY (IBHG) and the biggest sale iShares Ibond 2026 HY & (IBHF, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- Glens Falls, NY
- CIK
- 0000717538
- Portfolio Value
- $1.1B (Q2 2026)
- SEC Filing
- 0000717538-26-000112 ↗ filed Jul 31, 2026
Holdings Value
Holdings 162 stocks · $1.1B
| VOO Vanguard S&P 500 ETF | 12.27% | 199,441 | $137.0M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 9.43% | 143,023 | $105.3M | Add +2.6% |
| AROW Arrow Financial Corp. | 6.83% | 1,859,963 | $76.2M | Reduce -1.0% |
| IJH iShares Core S&P Midcap ETF | 6.25% | 905,594 | $69.8M | Reduce -2.0% |
| IJR iShares Core S&P Small-Cap E | 4.80% | 361,187 | $53.6M | Reduce -6.3% |
| IDEV iShares Core MSCI Dev MKTS | 4.52% | 567,490 | $50.5M | Add +1.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 4.19% | 770,376 | $46.8M | Reduce -1.4% |
| IBHG iShares Ibonds 2027 HY Inc. | 2.95% | 1,491,682 | $32.9M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.15% | 297,279 | $24.0M | Reduce -3.6% |
| VOLT Tema Electrification | 1.88% | 501,273 | $21.0M | Add +8.1% |
| AAPL Apple Inc. | 1.76% | 67,740 | $19.6M | Reduce -2.1% |
| NVDA Nvidia Corp. | 1.73% | 96,535 | $19.3M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 1.64% | 51,129 | $18.3M | Reduce -3.4% |
| TLH iShares 10-20 Year Treasury | 1.58% | 176,255 | $17.7M | Add +95.3% |
| JEPI JPMorgan Equity Premium Inco | 1.56% | 307,394 | $17.4M | Add +20.1% |
| IBDX iShares Ibonds Dec 2032 TC | 1.42% | 630,882 | $15.9M | Add +2.7% |
| IBCA iShares Ibonds Dec 2035 TC | 1.41% | 615,529 | $15.8M | Add +4.9% |
| IBDY iShares Ibonds Dec 2033 Corp. | 1.41% | 610,058 | $15.7M | Add +3.4% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.39% | 741,952 | $15.5M | Add +2.7% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.37% | 702,825 | $15.3M | Add +2.6% |
| IBDU iShares Ibonds Dec 2029 Term | 1.36% | 655,962 | $15.2M | Add +2.2% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.34% | 591,506 | $14.9M | Add +2.4% |
| MSFT Microsoft Corp. | 1.20% | 35,925 | $13.4M | Add +0.6% |
| IBDZ ISHARESIBONDSDEC2034TMCORP | 1.20% | 512,414 | $13.3M | Add +16.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.82% | 30,205 | $9.2M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 0.82% | 38,354 | $9.1M | Reduce -1.8% |
| MRVL Marvell Technology Inc. | 0.71% | 26,532 | $7.9M | Reduce -6.9% |
| JPM JPMorgan Chase & Co. | 0.70% | 23,826 | $7.8M | Reduce -2.4% |
| NYM AB New York Inter Muni ETF filed as AB ACTIVE ETFS INC | 0.60% | 268,140 | $6.7M | Add +4.4% |
| APH Amphenol Corp. Class A | 0.59% | 37,494 | $6.6M | Reduce -3.6% |
| AGG iShares Core U.S. Aggregate | 0.55% | 62,177 | $6.2M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.54% | 5,633 | $6.0M | Reduce -4.8% |
| PANW Palo Alto Networks Inc. | 0.49% | 16,042 | $5.5M | Add +3.4% |
| CSCO Cisco Systems Inc. | 0.48% | 45,479 | $5.3M | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.47% | 4,406 | $5.3M | Reduce -5.9% |
| HD Home Depot Inc. | 0.47% | 14,862 | $5.2M | Add +0.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.45% | 209,525 | $5.1M | Reduce -51.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.44% | 200,769 | $4.9M | Reduce -52.8% |
| JNJ Johnson & Johnson | 0.42% | 18,431 | $4.7M | Reduce -3.4% |
| V Visa Inc. Class A | 0.41% | 13,478 | $4.6M | Reduce -1.7% |
| ORCL Oracle Corp. | 0.41% | 31,138 | $4.6M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.41% | 8,053 | $4.5M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 9,009 | $4.5M | Reduce -1.1% |
| NYF iShares New York Muni Bond E | 0.40% | 82,875 | $4.5M | Reduce -3.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.39% | 55,641 | $4.4M | Reduce -7.9% |
| GOOG Alphabet Inc. Class C | 0.34% | 10,857 | $3.8M | Add +0.7% |
| XOM Exxon Mobil Corp. | 0.33% | 27,009 | $3.7M | Reduce -0.9% |
| BAC Bank of America Corp. | 0.31% | 60,482 | $3.4M | Reduce -3.8% |
| IBCB iShares Ibon Dec 2036 TC ETF | 0.30% | 132,068 | $3.3M | New |
| BLK BlackRock Inc. | 0.29% | 3,375 | $3.2M | Reduce -1.2% |
| COST Costco Wholesale Corp. | 0.28% | 3,395 | $3.2M | Reduce -1.1% |
| WMT Walmart Inc. | 0.28% | 27,915 | $3.2M | Reduce -3.6% |
| AMGN Amgen Inc. | 0.27% | 8,441 | $3.1M | Reduce -3.4% |
| MS Morgan Stanley | 0.27% | 14,622 | $3.1M | Reduce -3.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 20,146 | $3.1M | Reduce -2.0% |
| PWR Quanta Services Inc. | 0.27% | 4,130 | $3.0M | Reduce -2.8% |
| XLK SS Technology Select Sector | 0.26% | 15,117 | $2.9M | Reduce -10.2% |
| AVGO Broadcom Inc. | 0.26% | 7,598 | $2.9M | Add +20.2% |
| CRM Salesforce Inc. | 0.25% | 18,092 | $2.8M | Add +4.0% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.25% | 124,293 | $2.8M | Reduce -90.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 28,384 | $2.7M | Add +3.1% |
| PG The Procter & Gamble Co. | 0.24% | 18,182 | $2.7M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.24% | 32,587 | $2.6M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.23% | 9,690 | $2.6M | Add +2.2% |
| CMI Cummins Inc. | 0.22% | 3,494 | $2.5M | Reduce -6.6% |
| ICE Intercontinental Exchange Inc. | 0.22% | 20,130 | $2.5M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 4,885 | $2.4M | Reduce -1.1% |
| TRV The Travelers Cos Inc. | 0.22% | 7,357 | $2.4M | Reduce -5.7% |
| SYK Stryker Corp. | 0.21% | 7,482 | $2.4M | Reduce -1.2% |
| TER Teradyne Inc. | 0.21% | 4,857 | $2.4M | Reduce -14.4% |
| UNP Union Pacific Corp. | 0.20% | 8,341 | $2.3M | Reduce -1.2% |
| GD General Dynamics Corp. | 0.20% | 6,360 | $2.3M | Reduce -0.3% |
| WMB Williams Cos Inc. | 0.20% | 30,120 | $2.2M | Reduce -4.0% |
| TMUS T-Mobile US Inc. | 0.18% | 11,871 | $2.0M | Add +1.4% |
| MAS Masco Corp. | 0.17% | 23,737 | $1.9M | Add +0.7% |
| TSLA Tesla Inc. | 0.17% | 4,544 | $1.9M | Add +7.0% |
| NFLX Netflix Inc. | 0.16% | 25,620 | $1.8M | Reduce -7.2% |
| MA Mastercard Inc. Class A | 0.16% | 3,388 | $1.7M | Reduce -3.8% |
| ABT Abbott Laboratories | 0.15% | 18,770 | $1.7M | Add +1.2% |
| DHR Danaher Corp. | 0.15% | 8,586 | $1.6M | Add +1.4% |
| YUM Yum! Brands Inc. | 0.13% | 9,191 | $1.5M | Reduce -2.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.13% | 2,944 | $1.5M | Reduce -1.7% |
| XLB SS Materials Select Sector | 0.13% | 28,611 | $1.5M | Reduce -5.0% |
| ABBV Abbvie Inc. | 0.13% | 5,655 | $1.4M | Reduce -4.1% |
| ETN Eaton Corp. PLC | 0.13% | 3,334 | $1.4M | Add +26.5% |
| COP Conocophillips | 0.13% | 13,601 | $1.4M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 1,864 | $1.4M | Reduce -16.8% |
| RTX RTX Corp. | 0.12% | 6,799 | $1.3M | No change |
| INTC Intel Corp. | 0.11% | 8,835 | $1.2M | Reduce -0.2% |
| AMAT Applied Materials Inc. | 0.11% | 1,685 | $1.2M | No change |
| CVX Chevron Corp. | 0.11% | 7,316 | $1.2M | Reduce -0.9% |
| XLF SS Financial Select Sector | 0.11% | 22,502 | $1.2M | Reduce -1.4% |
| PEP Pepsico Inc. | 0.11% | 8,857 | $1.2M | Reduce -2.0% |
| AEP American Electric Power | 0.11% | 8,653 | $1.2M | Add +9.1% |
| GE General Electric filed as GE AEROSPACE | 0.11% | 3,139 | $1.2M | Add +1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 4,164 | $1.2M | No change |
| HON Honeywell International Inc. | 0.10% | 5,247 | $1.2M | Add +1.8% |
| HONA Honeywell Aerospace Inc. | 0.10% | 5,247 | $1.2M | Add +1.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.10% | 18,696 | $1.1M | Add +17.9% |
| MUB iShares National Muni Bond E | 0.10% | 10,370 | $1.1M | No change |
Portfolio Sells Q1 2026 → Q2 2026
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -90.8% | 0.25% | −2.86 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -51.8% | 0.45% | −0.61 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -52.8% | 0.44% | −0.60 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -1.4% | 4.19% | −0.25 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.33% | −0.13 |
| NFLX Netflix Inc. | Reduce -7.2% | 0.16% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -0.3% | 0.22% | −0.10 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -7.9% | 0.39% | −0.09 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.6% | 2.15% | −0.08 |
| WMT Walmart Inc. | Reduce -3.6% | 0.28% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -0.2% | 0.55% | −0.07 |
| NYF iShares New York Muni Bond E | Reduce -3.8% | 0.40% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.28% | −0.06 |
| ADBE Adobe Inc. | Reduce -41.2% | 0.05% | −0.06 |
| TJX TJX Companies Inc. | Reduce -2.0% | 0.27% | −0.06 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.41% | −0.05 |
| JNJ Johnson & Johnson | Reduce -3.4% | 0.42% | −0.05 |
| CVX Chevron Corp. | Reduce -0.9% | 0.11% | −0.04 |
| IR Ingersoll-Rand Inc. | Reduce -46.5% | 0.04% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -24.2% | 0.09% | −0.04 |
| BLK BlackRock Inc. | Reduce -1.2% | 0.29% | −0.04 |
| SYK Stryker Corp. | Reduce -1.2% | 0.21% | −0.04 |
| AMGN Amgen Inc. | Reduce -3.4% | 0.27% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 0.40% | −0.04 |
| XLRE SS Real Estate Select Sector | Reduce -99.2% | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -2.0% | 0.11% | −0.03 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.03 |
| WMB Williams Cos Inc. | Reduce -4.0% | 0.20% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -3.0% | 0.04% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.0% | 6.25% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.24% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.1% | 0.22% | −0.02 |
| NVDA Nvidia Corp. | Reduce -3.4% | 1.73% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 0.70% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.3% | 4.80% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.8% | 0.12% | −0.02 |
| LOW Lowe's Cos Inc. | Reduce -1.9% | 0.09% | −0.02 |
| XLB SS Materials Select Sector | Reduce -5.0% | 0.13% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -3.8% | 0.16% | −0.02 |
| GLD SPDR Gold Shares | Reduce -9.3% | 0.04% | −0.02 |
| GD General Dynamics Corp. | Reduce -0.3% | 0.20% | −0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -18.7% | 0.04% | −0.02 |
| YUM Yum! Brands Inc. | Reduce -2.4% | 0.13% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -24.0% | 0.03% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.9% | 0.24% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -4.5% | 0.05% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -29.0% | 0.03% | −0.01 |
| TRV The Travelers Cos Inc. | Reduce -5.7% | 0.22% | −0.01 |
| AAPL Apple Inc. | Reduce -2.1% | 1.76% | −0.01 |
| XLE SS Energy Select Sector | Reduce -1.2% | 0.03% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| IBHG iShares Ibonds 2027 HY Inc. | New | 2.95% | +2.95 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.6% | 9.43% | +1.34 |
| TLH iShares 10-20 Year Treasury | Add +95.3% | 1.58% | +0.67 |
| IBCB iShares Ibon Dec 2036 TC ETF | New | 0.30% | +0.30 |
| VOLT Tema Electrification | Add +8.1% | 1.88% | +0.28 |
| PANW Palo Alto Networks Inc. | Add +3.4% | 0.49% | +0.24 |
| JEPI JPMorgan Equity Premium Inco | Add +20.1% | 1.56% | +0.10 |
| AVGO Broadcom Inc. | Add +20.2% | 0.26% | +0.06 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +16.1% | 1.20% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 0.34% | +0.03 |
| ETN Eaton Corp. PLC | Add +26.5% | 0.13% | +0.03 |
| MAS Masco Corp. | Add +0.7% | 0.17% | +0.03 |
| UBER Uber Technologies Inc. | New | 0.02% | +0.02 |
| DE Deere & Co. | New | 0.02% | +0.02 |
| SHW The Sherwin-Williams Co. | New | 0.02% | +0.02 |
| GE General Electric | Add +1.2% | 0.11% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +17.9% | 0.10% | +0.01 |
| TSLA Tesla Inc. | Add +7.0% | 0.17% | +0.01 |
| SO The Southern Co. | Add +22.9% | 0.07% | +0.01 |
| AEP American Electric Power | Add +9.1% | 0.11% | +0.00 |
| OPK Opko Health Inc. | Add +2.0% | 0.00% | +0.00 |
| XLC SS Comm Select Sector SPDR | Add +14.7% | 0.04% | −0.00 |
| T AT&T Inc. | Add +26.6% | 0.02% | −0.00 |
| VZ Verizon Communications Inc. | Add +14.1% | 0.04% | −0.01 |
| HONA Honeywell Aerospace Inc. | Add +1.8% | 0.10% | −0.01 |
| MCK McKesson Corp. | Add +13.0% | 0.09% | −0.01 |
| EMN Eastman Chemical Co. | Add +0.0% | 0.04% | −0.01 |
| DHR Danaher Corp. | Add +1.4% | 0.15% | −0.01 |
| AWK American Water Works Co. Inc. | Add +0.6% | 0.10% | −0.02 |
| HD Home Depot Inc. | Add +0.4% | 0.47% | −0.02 |
| DIS The Walt Disney Co. | Add +3.1% | 0.24% | −0.02 |
| ABT Abbott Laboratories | Add +1.2% | 0.15% | −0.04 |
| NYM AB New York Inter Muni ETF | Add +4.4% | 0.60% | −0.04 |
| COP Conocophillips | Add +0.5% | 0.13% | −0.05 |
| META Meta Platforms Inc. Class A | Add +0.6% | 0.41% | −0.05 |
| MCD McDonald's Corp. | Add +2.2% | 0.23% | −0.06 |
| TMUS T-Mobile US Inc. | Add +1.4% | 0.18% | −0.07 |
| CRM Salesforce Inc. | Add +4.0% | 0.25% | −0.07 |
| IBCA iShares Ibonds Dec 2035 TC | Add +4.9% | 1.41% | −0.10 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +3.4% | 1.41% | −0.13 |
| HON Honeywell International Inc. | Add +1.8% | 0.10% | −0.13 |
| MSFT Microsoft Corp. | Add +0.6% | 1.20% | −0.13 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +2.4% | 1.34% | −0.13 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +2.6% | 1.37% | −0.14 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +2.7% | 1.39% | −0.14 |
| IBDX iShares Ibonds Dec 2032 TC | Add +2.7% | 1.42% | −0.14 |
| IBDU iShares Ibonds Dec 2029 Term | Add +2.2% | 1.36% | −0.14 |
| IDEV iShares Core MSCI Dev MKTS | Add +1.7% | 4.52% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 162 | $1.1B | VOO, QQQ, AROW, IJH, IJR |
| Q1 2026 | 157 | $994.0M | VOO, QQQ, AROW, IJH, IJR |
| Q4 2025 | 159 | $1.0B | VOO, QQQ, AROW, IJH, IDEV |
| Q3 2025 | 160 | $978.0M | VOO, QQQ, IJH, AROW, IJR |
| Q2 2025 | 160 | $949.7M | VOO, QQQ, IJH, AROW, IJR |
| Q1 2025 | 155 | $894.5M | VOO, QQQ, IJH, AROW, SPYV |
| Q4 2024 | 167 | $1.1B | VOO, QQQ, AROW, IJH, IJR |
| Q3 2024 | 340 | $1.1B | VOO, QQQ, AROW, IJH, IJR |
| Q2 2024 | 336 | $1.0B | VOO, QQQ, IJH, AROW, IJR |
| Q1 2024 | 333 | $1.0B | VOO, IJR, IJH, SPYV, AROW |