Arrow Financial Corp
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 21, 2024), Arrow Financial Corp reported 333 stock positions worth $1.0 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 9.7% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 5.7%) and iShares Core S&P Midcap ETF (IJH, 5.6%). Compared with Q4 2023, it opened 4 new positions, sold out of 19, added to 47 and reduced 136. The biggest buy was iShares Ibonds 2025 H/Y (IBHE, shares +3505%) and the biggest sale iShares Ibonds 2024 H/Y (IBHD, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- Glens Falls, NY
- CIK
- 0000717538
- Portfolio Value
- $1.0B (Q1 2024)
- SEC Filing
- 0000717538-24-000079 ↗ filed May 21, 2024
Holdings Value
Holdings 333 stocks · $1.0B
| VOO Vanguard S&P 500 ETF | 9.71% | 203,492 | $97.8M | Reduce -3.7% |
| IJR iShares Core S&P Small-Cap E | 5.74% | 523,308 | $57.8M | Add +1.9% |
| IJH iShares Core S&P Midcap ETF | 5.64% | 935,881 | $56.8M | Reduce -1.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 4.85% | 975,601 | $48.9M | Reduce -14.6% |
| AROW Arrow Financial Corp. | 4.54% | 1,826,880 | $45.7M | Add +5.8% |
| QQQ Invesco QQQ Trust Series 1 | 4.22% | 95,640 | $42.5M | Add +1.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.28% | 132,096 | $33.0M | Reduce -3.6% |
| IDEV iShares Core MSCI Dev MKTS | 3.02% | 452,930 | $30.4M | Reduce -2.3% |
| MSFT Microsoft Corp. | 2.47% | 59,053 | $24.8M | Reduce -2.2% |
| TLH iShares 10-20 Year Treasury | 2.40% | 229,999 | $24.2M | Reduce -1.1% |
| IBHD iShares Ibonds 2024 H/Y Inc. | 2.24% | 967,495 | $22.6M | Reduce -23.3% |
| AAPL Apple Inc. | 2.07% | 121,360 | $20.8M | Reduce -1.6% |
| NVDA Nvidia Corp. | 1.82% | 20,328 | $18.4M | Reduce -2.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.57% | 69,144 | $15.8M | Reduce -0.5% |
| IBDX iShares Ibonds Dec 2032 TC | 1.37% | 554,889 | $13.8M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 1.37% | 91,134 | $13.8M | Reduce -0.6% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.33% | 655,960 | $13.4M | Add +3.4% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.31% | 617,630 | $13.2M | Add +3.7% |
| IBDU iShares Ibonds Dec 2029 Term | 1.31% | 576,568 | $13.2M | Add +3.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.28% | 517,012 | $12.9M | Add +3.0% |
| IBDR iShares Ibonds Dec 2026 Term | 1.28% | 538,657 | $12.8M | Add +3.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.26% | 512,829 | $12.7M | Add +3.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.26% | 533,103 | $12.7M | Add +3.6% |
| IBDP iShares Ibonds Dec 2024 Term | 1.24% | 499,425 | $12.5M | Add +1.7% |
| AMZN Amazon.com Inc. | 1.23% | 68,896 | $12.4M | Reduce -3.6% |
| IBDY iShares Ibonds Dec 2033 Corp. | 1.13% | 446,848 | $11.4M | Add +87.4% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 1.12% | 483,918 | $11.3M | Add +3505.4% |
| JPM JPMorgan Chase & Co. | 0.84% | 42,141 | $8.4M | Reduce -5.8% |
| HD Home Depot Inc. | 0.83% | 21,817 | $8.4M | Reduce -3.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.79% | 102,886 | $8.0M | Reduce -10.9% |
| CRM Salesforce Inc. | 0.74% | 24,712 | $7.4M | Reduce -7.0% |
| LLY Eli Lilly & Co. | 0.66% | 8,568 | $6.7M | Add +11.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.66% | 12,733 | $6.7M | Reduce -16.6% |
| ORCL Oracle Corp. | 0.66% | 52,988 | $6.7M | Reduce -3.3% |
| META Meta Platforms Inc. Class A | 0.65% | 13,416 | $6.5M | Add +4.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.62% | 14,881 | $6.3M | Reduce -3.4% |
| AGG iShares Core U.S. Aggregate | 0.62% | 63,618 | $6.2M | Reduce -5.2% |
| V Visa Inc. Class A | 0.60% | 21,822 | $6.1M | Reduce -5.1% |
| TMO Thermo Fisher Scientific Inc. | 0.56% | 9,758 | $5.7M | Reduce -1.5% |
| APH Amphenol Corp. Class A | 0.55% | 48,137 | $5.6M | Add +0.1% |
| BLK BlackRock Finance Inc. | 0.53% | 6,432 | $5.4M | Reduce -9.2% |
| CAT Caterpillar Inc. | 0.53% | 14,595 | $5.3M | Reduce -6.2% |
| PG The Procter & Gamble Co. | 0.53% | 32,599 | $5.3M | Reduce -2.6% |
| ADBE Adobe Inc. | 0.52% | 10,306 | $5.2M | Reduce -20.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 135,415 | $5.1M | Reduce -1.9% |
| JNJ Johnson & Johnson | 0.51% | 32,225 | $5.1M | Reduce -5.7% |
| XOM Exxon Mobil Corp. | 0.50% | 43,641 | $5.1M | Add +1.4% |
| SYK Stryker Corp. | 0.48% | 13,558 | $4.9M | Reduce -16.4% |
| ICE Intercontinental Exchange Inc. | 0.48% | 35,032 | $4.8M | Reduce -11.7% |
| ABT Abbott Laboratories | 0.46% | 41,113 | $4.7M | Reduce -2.2% |
| NYF iShares New York Muni Bond E | 0.45% | 83,534 | $4.5M | Reduce -6.1% |
| MAS Masco Corp. | 0.45% | 56,923 | $4.5M | Reduce -1.2% |
| HON Honeywell International Inc. | 0.43% | 21,162 | $4.3M | Reduce -1.6% |
| CSCO Cisco Systems Inc. | 0.41% | 83,010 | $4.1M | Reduce -5.0% |
| UNH Unitedhealth Group Inc. | 0.40% | 8,195 | $4.1M | Reduce -10.3% |
| NFLX Netflix Inc. | 0.40% | 6,650 | $4.0M | Reduce -0.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.40% | 39,426 | $4.0M | Reduce -17.0% |
| COST Costco Wholesale Corp. | 0.39% | 5,398 | $4.0M | Reduce -16.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 32,064 | $3.9M | Reduce -21.2% |
| WMT Walmart Inc. | 0.37% | 61,901 | $3.7M | Reduce -16.3% |
| PEP Pepsico Inc. | 0.36% | 20,972 | $3.7M | Reduce -1.2% |
| WMB Williams Cos Inc. | 0.32% | 83,803 | $3.3M | Reduce -0.1% |
| DHR Danaher Corp. | 0.32% | 12,792 | $3.2M | Add +1.7% |
| MCD McDonald's Corp. | 0.32% | 11,312 | $3.2M | Reduce -1.7% |
| XLK SS Technology Select Sector | 0.30% | 14,577 | $3.0M | No change |
| IR Ingersoll-Rand Inc. | 0.27% | 28,876 | $2.7M | Add +24.8% |
| AMGN Amgen Inc. | 0.27% | 9,541 | $2.7M | Reduce -9.8% |
| MS Morgan Stanley | 0.26% | 27,859 | $2.6M | Add +9.8% |
| MRVL Marvell Technology Inc. | 0.25% | 36,095 | $2.6M | Add +14.9% |
| CVX Chevron Corp. | 0.24% | 15,419 | $2.4M | Reduce -0.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 5,691 | $2.4M | Add +69.9% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 41,421 | $2.2M | Add +4.1% |
| UNP Union Pacific Corp. | 0.21% | 8,718 | $2.1M | Reduce -4.2% |
| TRV The Travelers Cos Inc. | 0.20% | 8,932 | $2.1M | Reduce -5.7% |
| GOOG Alphabet Inc. Class C | 0.20% | 13,291 | $2.0M | Reduce -12.6% |
| DLTR Dollar Tree Inc. | 0.20% | 15,130 | $2.0M | Reduce -12.3% |
| KO The Coca-Cola Co. | 0.19% | 31,102 | $1.9M | Reduce -4.5% |
| COP Conocophillips | 0.18% | 14,523 | $1.8M | Reduce -4.8% |
| MA Mastercard Inc. Class A | 0.18% | 3,720 | $1.8M | Reduce -7.9% |
| GD General Dynamics Corp. | 0.18% | 6,300 | $1.8M | Reduce -5.5% |
| WM Waste Management Inc. | 0.18% | 8,299 | $1.8M | Add +0.7% |
| TER Teradyne Inc. | 0.17% | 15,426 | $1.7M | Add +35.9% |
| YUM Yum! Brands Inc. | 0.17% | 12,268 | $1.7M | Reduce -4.5% |
| CMI Cummins Inc. | 0.16% | 5,581 | $1.6M | Reduce -10.7% |
| SBUX Starbucks Corp. | 0.16% | 17,987 | $1.6M | Reduce -1.1% |
| SYY Sysco Corp. | 0.16% | 19,838 | $1.6M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.16% | 9,087 | $1.6M | Add +45.1% |
| DLR Digital Realty Trust Inc. | 0.16% | 11,000 | $1.6M | No change |
| XLB SS Materials Select Sector | 0.15% | 16,750 | $1.6M | Reduce -6.4% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.15% | 30,316 | $1.6M | Reduce -2.5% |
| TMUS T-Mobile US Inc. | 0.14% | 8,863 | $1.4M | Add +138.6% |
| XLF SS Financial Select Sector | 0.14% | 34,151 | $1.4M | Reduce -0.3% |
| ECL Ecolab Inc. | 0.14% | 6,056 | $1.4M | Reduce -12.9% |
| XLV SS Health Care Select Sector | 0.14% | 9,382 | $1.4M | No change |
| MUB iShares National Muni Bond E | 0.13% | 12,291 | $1.3M | No change |
| PANW Palo Alto Networks Inc. | 0.13% | 4,472 | $1.3M | Add +28.5% |
| GS Goldman Sachs Group Inc. | 0.13% | 3,017 | $1.3M | Reduce -1.1% |
| LOW Lowe's Cos Inc. | 0.12% | 4,912 | $1.3M | Reduce -6.2% |
| SNOW Snowflake Inc. | 0.12% | 7,604 | $1.2M | Add +24.8% |
| D Dominion Energy Inc. | 0.12% | 24,196 | $1.2M | Add +5.9% |
Portfolio Sells Q4 2023 → Q1 2024
| IBHD iShares Ibonds 2024 H/Y Inc. | Reduce -23.3% | 2.24% | −0.80 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -14.6% | 4.85% | −0.67 |
| AAPL Apple Inc. | Reduce -1.6% | 2.07% | −0.40 |
| ADBE Adobe Inc. | Reduce -20.3% | 0.52% | −0.28 |
| TLH iShares 10-20 Year Treasury | Reduce -1.1% | 2.40% | −0.21 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -10.9% | 0.79% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -73.1% | 0.05% | −0.11 |
| NKE Nike Inc. Class B | Reduce -73.8% | 0.03% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -10.3% | 0.40% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.6% | 0.66% | −0.09 |
| AGG iShares Core U.S. Aggregate | Reduce -5.2% | 0.62% | −0.07 |
| PFE Pfizer Inc. | Reduce -49.2% | 0.06% | −0.07 |
| TJX TJX Companies Inc. | Reduce -17.0% | 0.40% | −0.07 |
| BLK BlackRock Finance Inc. | Reduce -9.2% | 0.53% | −0.06 |
| DLTR Dollar Tree Inc. | Reduce -12.3% | 0.20% | −0.05 |
| NYF iShares New York Muni Bond E | Reduce -6.1% | 0.45% | −0.05 |
| PAYX Paychex Inc. | Reduce -46.7% | 0.06% | −0.05 |
| ICE Intercontinental Exchange Inc. | Reduce -11.7% | 0.48% | −0.05 |
| JNJ Johnson & Johnson | Reduce -5.7% | 0.51% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -16.3% | 0.39% | −0.05 |
| AMGN Amgen Inc. | Reduce -9.8% | 0.27% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -5.0% | 0.41% | −0.05 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -2.3% | 3.02% | −0.04 |
| MCD McDonald's Corp. | Reduce -1.7% | 0.32% | −0.04 |
| HON Honeywell International Inc. | Reduce -1.6% | 0.43% | −0.04 |
| WMT Walmart Inc. | Reduce -16.3% | 0.37% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.6% | 3.28% | −0.03 |
| SYK Stryker Corp. | Reduce -16.4% | 0.48% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -12.6% | 0.20% | −0.02 |
| USB US Bancorp | Reduce -42.3% | 0.03% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -11.1% | 0.10% | −0.02 |
| UNP Union Pacific Corp. | Reduce -4.2% | 0.21% | −0.02 |
| SBUX Starbucks Corp. | Reduce -1.1% | 0.16% | −0.02 |
| V Visa Inc. Class A | Reduce -5.1% | 0.60% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Sold out | 0.00% | −0.02 |
| ABT Abbott Laboratories | Reduce -2.2% | 0.46% | −0.02 |
| VLTO Veralto Corp. | Reduce -95.7% | 0.00% | −0.01 |
| ADP Automatic Data Processing | Reduce -16.0% | 0.08% | −0.01 |
| T AT&T Inc. | Reduce -33.5% | 0.02% | −0.01 |
| INTC Intel Corp. | Reduce -1.9% | 0.06% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.5% | 0.15% | −0.01 |
| KO The Coca-Cola Co. | Reduce -4.5% | 0.19% | −0.01 |
| PEP Pepsico Inc. | Reduce -1.2% | 0.36% | −0.01 |
| DFUS Dimensional US Eq MKT ETF | Sold out | 0.00% | −0.01 |
| TD Toronto-Dominion Bank | Reduce -23.2% | 0.02% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -25.0% | 0.02% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -20.8% | 0.04% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -4.5% | 0.17% | −0.01 |
| PM Philip Morris International | Reduce -7.7% | 0.03% | −0.01 |
| TLT iShares 20+ Year Treasury BD | Reduce -23.7% | 0.01% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +3505.4% | 1.12% | +1.09 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +87.4% | 1.13% | +0.49 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.3% | 4.22% | +0.20 |
| LLY Eli Lilly & Co. | Add +11.1% | 0.66% | +0.20 |
| META Meta Platforms Inc. Class A | Add +4.7% | 0.65% | +0.18 |
| VRTX Vertex Pharmaceuticals Inc. | Add +69.9% | 0.24% | +0.09 |
| IR Ingersoll-Rand Inc. | Add +24.8% | 0.27% | +0.09 |
| TMUS T-Mobile US Inc. | Add +138.6% | 0.14% | +0.08 |
| MRVL Marvell Technology Inc. | Add +14.9% | 0.25% | +0.06 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.50% | +0.06 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.55% | +0.06 |
| LEN Lennar Corp. Class A | New | 0.06% | +0.06 |
| HSY The Hershey Co. | New | 0.05% | +0.05 |
| TER Teradyne Inc. | Add +35.9% | 0.17% | +0.04 |
| WM Waste Management Inc. | Add +0.7% | 0.18% | +0.02 |
| GE General Electric | Add +17.9% | 0.06% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +28.5% | 0.13% | +0.02 |
| DHR Danaher Corp. | Add +1.7% | 0.32% | +0.02 |
| MS Morgan Stanley | Add +9.8% | 0.26% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.11% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +4.1% | 0.22% | +0.01 |
| MMM 3M Co. | Add +29.3% | 0.05% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +21.7% | 0.06% | +0.01 |
| D Dominion Energy Inc. | Add +5.9% | 0.12% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +13.8% | 0.05% | +0.00 |
| DJT Trump Media & Technology Gro | New | 0.00% | +0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.00% | +0.00 |
| BBY Best Buy Co. Inc. | Add +69.0% | 0.00% | +0.00 |
| ADM Archer-Daniels-Midland Co. | Add +25.0% | 0.00% | +0.00 |
| B Barrick Gold Corp. | Add +9.1% | 0.00% | −0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.7% | 0.10% | −0.00 |
| LMT Lockheed Martin Corp. | Add +1.7% | 0.02% | −0.00 |
| IBMM iShares Ibonds Dec 2024 Term | Add +0.7% | 0.02% | −0.00 |
| IBMN iShares Ibonds Dec 2025 Term | Add +0.7% | 0.02% | −0.00 |
| IBMO iShares Ibonds Dec 2026 Term | Add +0.7% | 0.02% | −0.00 |
| IBMP iShares Ibonds Dec 2027 Term | Add +0.7% | 0.02% | −0.00 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +0.7% | 0.02% | −0.00 |
| TSLA Tesla Inc. | Add +45.1% | 0.16% | −0.00 |
| SNOW Snowflake Inc. | Add +24.8% | 0.12% | −0.00 |
| AWK American Water Works Co. Inc. | Add +2.6% | 0.08% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +3.4% | 1.26% | −0.01 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +3.6% | 1.26% | −0.02 |
| IBDX iShares Ibonds Dec 2032 TC | Add +4.8% | 1.37% | −0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +3.0% | 1.28% | −0.02 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +3.7% | 1.31% | −0.03 |
| IBDU iShares Ibonds Dec 2029 Term | Add +3.5% | 1.31% | −0.03 |
| IBDP iShares Ibonds Dec 2024 Term | Add +1.7% | 1.24% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Add +1.9% | 5.74% | −0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +3.0% | 1.28% | −0.03 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +3.4% | 1.33% | −0.03 |
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 |