Arrow Financial Corp

Glens Falls, NY · CIK 717538 · 13F filing filed 2026-07-31

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityArrow Financial Corporation (US)

Other 13F filers in this group: Arrow Bank National Association files a notice

$1.1bn reported value +12.3% vs Q1 2026

162positions

55.3%in top 10

7 new 41 added 88 reduced 2 sold out vs Q1 2026

This report includes the holdings of 1 other manager that shares the investment decisions:

Arrow Bank National Association – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	199,441	$137.0m12.27%	12.27%	Reduced -2.7k	-2,681 -1.3%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	143,023	$105.3m9.43%	9.43%	Added +3.6k	+3,621 2.6%
3	ARROW FINL CORP COM AROW	AROW	1,859,963	$76.2m6.83%	6.83%	Reduced -18.9k	-18,876 -1.0%
4	ISHARES TR CORE S&P MCP ETF IJH	IJH	905,594	$69.8m6.25%	6.25%	Reduced -18.9k	-18,892 -2.0%
5	ISHARES TR CORE S&P SCP ETF IJR	IJR	361,187	$53.6m4.80%	4.80%	Reduced -24.3k	-24,333 -6.3%
6	ISHARES TR CORE MSCI INTL IDEV	IDEV	567,490	$50.5m4.52%	4.52%	Added +9.2k	+9,250 1.7%
7	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	770,376	$46.8m4.19%	4.19%	Reduced -10.9k	-10,949 -1.4%
8	ISHARES TR IBONDS 2027 TERM IBHG	IBHG	1,491,682	$32.9m2.95%	2.95%	New
9	VANGUARD INDEX FDS MID CAP ETF VO	VO	297,279	$24.0m2.15%	2.15%	Reduced -11.0k	-10,981 -3.6%
10	TEMA ETF TRUST ELECTRIFICATION VOLT	VOLT	501,273	$21.0m1.88%	1.88%	Added +37.6k	+37,629 8.1%
11	APPLE INC COM AAPL	AAPL	67,740	$19.6m1.76%	1.76%	Reduced -1.4k	-1,446 -2.1%
12	NVIDIA CORPORATION COM NVDA	NVDA	96,535	$19.3m1.73%	1.73%	Reduced -3.4k	-3,441 -3.4%
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	51,129	$18.3m1.64%	1.64%	Reduced -1.8k	-1,814 -3.4%
14	ISHARES TR 10-20 YR TRS ETF TLH	TLH	176,255	$17.7m1.58%	1.58%	Added +86.0k	+85,991 95.3%
15	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	307,394	$17.4m1.56%	1.56%	Added +51.3k	+51,336 20.1%
16	ISHARES TR IBONDS DEC 2032 IBDX	IBDX	630,882	$15.9m1.42%	1.42%	Added +16.4k	+16,370 2.7%
17	ISHARES TR IBONDS DEC 2035 IBCA	IBCA	615,529	$15.8m1.41%	1.41%	Added +28.6k	+28,612 4.9%
18	ISHARES TR IBONDS DEC 2033 IBDY	IBDY	610,058	$15.7m1.41%	1.41%	Added +20.3k	+20,264 3.4%
19	ISHARES TR IBONDS DEC 2031 IBDW	IBDW	741,952	$15.5m1.39%	1.39%	Added +19.2k	+19,194 2.7%
20	ISHARES TR IBONDS DEC 2030 IBDV	IBDV	702,825	$15.3m1.37%	1.37%	Added +17.8k	+17,847 2.6%
21	ISHARES TR IBONDS DEC 29 IBDU	IBDU	655,962	$15.2m1.36%	1.36%	Added +14.3k	+14,339 2.2%
22	ISHARES TR IBDS DEC28 ETF IBDT	IBDT	591,506	$14.9m1.34%	1.34%	Added +13.9k	+13,907 2.4%
23	MICROSOFT CORP COM MSFT	MSFT	35,925	$13.4m1.20%	1.20%	Added +205	+205 0.6%
24	ISHARES TR IBONDS DEC 2034 IBDZ	IBDZ	512,414	$13.3m1.20%	1.20%	Added +71.1k	+71,104 16.1%
25	VANGUARD INDEX FDS SMALL CP ETF VB	VB	30,205	$9.2m0.82%	0.82%	Reduced -1.1k	-1,070 -3.4%
26	AMAZON COM INC COM AMZN	AMZN	38,354	$9.1m0.82%	0.82%	Reduced -686	-686 -1.8%
27	MARVELL TECHNOLOGY INC COM MRVL	MRVL	26,532	$7.9m0.71%	0.71%	Reduced -2.0k	-1,953 -6.9%
28	JPMORGAN CHASE & CO COM JPM	JPM	23,826	$7.8m0.70%	0.70%	Reduced -581	-581 -2.4%
29	AB ACTIVE ETFS INC NEW YO INTER ETF NYM	NYM	268,140	$6.7m0.60%	0.60%	Added +11.4k	+11,406 4.4%
30	AMPHENOL CORP CL A APH	APH	37,494	$6.6m0.59%	0.59%	Reduced -1.4k	-1,419 -3.6%
31	ISHARES TR CORE US AGGBD ET AGG	AGG	62,177	$6.2m0.55%	0.55%	Reduced -125	-125 -0.2%
32	CATERPILLAR INC COM CAT	CAT	5,633	$6.0m0.54%	0.54%	Reduced -286	-286 -4.8%
33	PALO ALTO NETWORKS INC COM PANW	PANW	16,042	$5.5m0.49%	0.49%	Added +524	+524 3.4%
34	CISCO SYS INC COM CSCO	CSCO	45,479	$5.3m0.48%	0.48%	Reduced -2.0k	-1,956 -4.1%
35	ELI LILLY & CO COM LLY	LLY	4,406	$5.3m0.47%	0.47%	Reduced -275	-275 -5.9%
36	HOME DEPOT INC COM HD	HD	14,862	$5.2m0.47%	0.47%	Added +53	+53 0.4%
37	ISHARES TR IBONDS 27 ETF IBDS	IBDS	209,525	$5.1m0.45%	0.45%	Reduced -225.2k	-225,249 -51.8%
38	ISHARES TR IBONDS DEC2026 IBDR	IBDR	200,769	$4.9m0.44%	0.44%	Reduced -224.8k	-224,783 -52.8%
39	JOHNSON & JOHNSON COM JNJ	JNJ	18,431	$4.7m0.42%	0.42%	Reduced -649	-649 -3.4%
40	VISA INC COM CL A V	V	13,478	$4.6m0.41%	0.41%	Reduced -236	-236 -1.7%
41	ORACLE CORP COM ORCL	ORCL	31,138	$4.6m0.41%	0.41%	Reduced -171	-171 -0.6%
42	META PLATFORMS INC CL A META	META	8,053	$4.5m0.41%	0.41%	Added +47	+47 0.6%
43	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	9,009	$4.5m0.40%	0.40%	Reduced -104	-104 -1.1%
44	ISHARES TR NEW YORK MUN ETF NYF	NYF	82,875	$4.5m0.40%	0.40%	Reduced -3.2k	-3,245 -3.8%
45	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	55,641	$4.4m0.39%	0.39%	Reduced -4.8k	-4,779 -7.9%
46	ALPHABET INC CAP STK CL C GOOG	GOOG	10,857	$3.8m0.34%	0.34%	Added +79	+79 0.7%
47	EXXON MOBIL CORP COM XOM	XOM	27,009	$3.7m0.33%	0.33%	Reduced -255	-255 -0.9%
48	BANK AMERICA CORP COM BAC	BAC	60,482	$3.4m0.31%	0.31%	Reduced -2.4k	-2,359 -3.8%
49	ISHARES TR IBONDS DEC 2036 IBCB	IBCB	132,068	$3.3m0.30%	0.30%	New
50	BLACKROCK INC COM BLK	BLK	3,375	$3.2m0.29%	0.29%	Reduced -42	-42 -1.2%
51	COSTCO WHSL CORP NEW COM COST	COST	3,395	$3.2m0.28%	0.28%	Reduced -39	-39 -1.1%
52	WALMART INC COM WMT	WMT	27,915	$3.2m0.28%	0.28%	Reduced -1.0k	-1,031 -3.6%
53	AMGEN INC COM AMGN	AMGN	8,441	$3.1m0.27%	0.27%	Reduced -296	-296 -3.4%
54	MORGAN STANLEY COM NEW MS	MS	14,622	$3.1m0.27%	0.27%	Reduced -566	-566 -3.7%
55	TJX COS INC NEW COM TJX	TJX	20,146	$3.1m0.27%	0.27%	Reduced -416	-416 -2.0%
56	QUANTA SVCS INC COM PWR	PWR	4,130	$3.0m0.27%	0.27%	Reduced -117	-117 -2.8%
57	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	15,117	$2.9m0.26%	0.26%	Reduced -1.7k	-1,725 -10.2%
58	BROADCOM INC COM AVGO	AVGO	7,598	$2.9m0.26%	0.26%	Added +1.3k	+1,279 20.2%
59	SALESFORCE INC COM CRM	CRM	18,092	$2.8m0.25%	0.25%	Added +694	+694 4.0%
60	ISHARES TR IBONDS 2026 TERM IBHF	IBHF	124,293	$2.8m0.25%	0.25%	Reduced -1.2m	-1,225,161 -90.8%
61	DISNEY WALT CO COM DIS	DIS	28,384	$2.7m0.24%	0.24%	Added +851	+851 3.1%
62	PROCTER AND GAMBLE CO COM PG	PG	18,182	$2.7m0.24%	0.24%	Reduced -11	-11 -0.1%
63	COCA COLA CO COM KO	KO	32,587	$2.6m0.24%	0.24%	Reduced -297	-297 -0.9%
64	MCDONALDS CORP COM MCD	MCD	9,690	$2.6m0.23%	0.23%	Added +210	+210 2.2%
65	CUMMINS INC COM CMI	CMI	3,494	$2.5m0.22%	0.22%	Reduced -246	-246 -6.6%
66	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	20,130	$2.5m0.22%	0.22%	Reduced -56	-56 -0.3%
67	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	4,885	$2.4m0.22%	0.22%	Reduced -55	-55 -1.1%
68	TRAVELERS COMPANIES INC COM TRV	TRV	7,357	$2.4m0.22%	0.22%	Reduced -441	-441 -5.7%
69	STRYKER CORPORATION COM SYK	SYK	7,482	$2.4m0.21%	0.21%	Reduced -89	-89 -1.2%
70	TERADYNE INC COM TER	TER	4,857	$2.4m0.21%	0.21%	Reduced -816	-816 -14.4%
71	UNION PAC CORP COM UNP	UNP	8,341	$2.3m0.20%	0.20%	Reduced -104	-104 -1.2%
72	GENERAL DYNAMICS CORP COM GD	GD	6,360	$2.3m0.20%	0.20%	Reduced -22	-22 -0.3%
73	WILLIAMS COS INC COM WMB	WMB	30,120	$2.2m0.20%	0.20%	Reduced -1.3k	-1,267 -4.0%
74	T-MOBILE US INC COM TMUS	TMUS	11,871	$2.0m0.18%	0.18%	Added +163	+163 1.4%
75	MASCO CORP COM MAS	MAS	23,737	$1.9m0.17%	0.17%	Added +153	+153 0.7%
76	TESLA INC COM TSLA	TSLA	4,544	$1.9m0.17%	0.17%	Added +296	+296 7.0%
77	NETFLIX INC COM NFLX	NFLX	25,620	$1.8m0.16%	0.16%	Reduced -2.0k	-2,000 -7.2%
78	MASTERCARD INCORPORATED CL A MA	MA	3,388	$1.7m0.16%	0.16%	Reduced -132	-132 -3.8%
79	ABBOTT LABS COM ABT	ABT	18,770	$1.7m0.15%	0.15%	Added +215	+215 1.2%
80	DANAHER CORPORATION COM DHR	DHR	8,586	$1.6m0.15%	0.15%	Added +120	+120 1.4%
81	YUM BRANDS INC COM YUM	YUM	9,191	$1.5m0.13%	0.13%	Reduced -225	-225 -2.4%
82	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	2,944	$1.5m0.13%	0.13%	Reduced -50	-50 -1.7%
83	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	28,611	$1.5m0.13%	0.13%	Reduced -1.5k	-1,519 -5.0%
84	ABBVIE INC COM ABBV	ABBV	5,655	$1.4m0.13%	0.13%	Reduced -244	-244 -4.1%
85	EATON CORP PLC SHS ETN	ETN	3,334	$1.4m0.13%	0.13%	Added +698	+698 26.5%
86	CONOCOPHILLIPS COM COP	COP	13,601	$1.4m0.13%	0.13%	Added +66	+66 0.5%
87	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	1,864	$1.4m0.12%	0.12%	Reduced -375	-375 -16.8%
88	RTX CORPORATION COM RTX	RTX	6,799	$1.3m0.12%	0.12%	Unchanged
89	INTEL CORP COM INTC	INTC	8,835	$1.2m0.11%	0.11%	Reduced -15	-15 -0.2%
90	APPLIED MATLS INC COM AMAT	AMAT	1,685	$1.2m0.11%	0.11%	Unchanged
91	CHEVRON CORP NEW COM CVX	CVX	7,316	$1.2m0.11%	0.11%	Reduced -67	-67 -0.9%
92	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	22,502	$1.2m0.11%	0.11%	Reduced -330	-330 -1.4%
93	PEPSICO INC COM PEP	PEP	8,857	$1.2m0.11%	0.11%	Reduced -178	-178 -2.0%
94	AMERICAN ELEC PWR CO INC COM AEP	AEP	8,653	$1.2m0.11%	0.11%	Added +722	+722 9.1%
95	GE AEROSPACE COM NEW GE	GE	3,139	$1.2m0.11%	0.11%	Added +36	+36 1.2%
96	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	4,164	$1.2m0.10%	0.10%	Unchanged
97	HONEYWELL INTL INC COM HON	HON	5,247	$1.2m0.10%	0.10%	New
98	HONEYWELL AEROSPACE INC COM HONA	HONA	5,247	$1.2m0.10%	0.10%	New
99	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	18,696	$1.1m0.10%	0.10%	Added +2.8k	+2,833 17.9%
100	ISHARES TR NATIONAL MUN ETF MUB	MUB	10,370	$1.1m0.10%	0.10%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		5,154	$2.3m5.2k shares
INTUIT INTU	INTU	750	$324.3k750 shares