Arrow Financial Corp

Glens Falls, NY · CIK 717538 · 13F filing filed 2024-02-12

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

$963.8m reported value +13.0% vs Q3 2023

348positions

47.3%in top 10

23 new 61 added 140 reduced 19 sold out vs Q3 2023

This report includes the holdings of 2 other managers that share the investment decisions:

Arrow Bank National Association – reports through this filing
NORTH COUNTRY INVESTMENT ADVISERS, INC. – reports through this filing

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

Holdings, Q4 2023

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	211,261	$92.3m9.57%	9.57%	Reduced -3.2k	-3,179 -1.5%
2	ISHARES TR CORE S&P SCP ETF IJR	IJR	513,637	$55.6m5.77%	5.77%	Added +1.9k	+1,933 0.4%
3	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	1,141,918	$53.2m5.52%	5.52%	Added +383	+383 0.0%
4	ISHARES TR CORE S&P MCP ETF IJH	IJH	189,159	$52.4m5.44%	5.44%	Added +1.6k	+1,593 0.8%
5	ARROW FINL CORP COM AROW	AROW	1,726,525	$48.2m5.01%	5.01%	Added +18.9k	+18,937 1.1%
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	94,400	$38.7m4.01%	4.01%	Added +8.6k	+8,618 10.1%
7	VANGUARD INDEX FDS MID CAP ETF VO	VO	137,099	$31.9m3.31%	3.31%	Reduced -3.2k	-3,169 -2.3%
8	ISHARES TR CORE MSCI INTL IDEV	IDEV	463,678	$29.5m3.06%	3.06%	Reduced -7.4k	-7,438 -1.6%
9	ISHARES TR IBONDS 24 TRM HG IBHD	IBHD	1,261,126	$29.3m3.04%	3.04%	Added +180.3k	+180,261 16.7%
10	ISHARES TR 10-20 YR TRS ETF TLH	TLH	232,590	$25.2m2.61%	2.61%	Added +111.8k	+111,759 92.5%
11	APPLE INC COM AAPL	AAPL	123,268	$23.7m2.46%	2.46%	Reduced -6.5k	-6,519 -5.0%
12	MICROSOFT CORP COM MSFT	MSFT	60,382	$22.7m2.36%	2.36%	Reduced -2.9k	-2,898 -4.6%
13	VANGUARD INDEX FDS SMALL CP ETF VB	VB	69,489	$14.8m1.54%	1.54%	Added +70	+70 0.1%
14	ISHARES TR IBONDS DEC 2032 IBDX	IBDX	529,541	$13.4m1.39%	1.39%	Added +68.8k	+68,783 14.9%
15	ISHARES TR IBONDS DEC 2031 IBDW	IBDW	634,199	$13.2m1.37%	1.37%	Added +56.4k	+56,436 9.8%
16	ISHARES TR IBONDS DEC 2030 IBDV	IBDV	595,594	$12.9m1.34%	1.34%	Added +53.6k	+53,567 9.9%
17	ISHARES TR IBONDS DEC 29 IBDU	IBDU	556,879	$12.8m1.33%	1.33%	Added +45.3k	+45,264 8.8%
18	ALPHABET INC CAP STK CL A GOOGL	GOOGL	91,685	$12.8m1.33%	1.33%	Reduced -341	-341 -0.4%
19	ISHARES TR IBDS DEC28 ETF IBDT	IBDT	501,721	$12.6m1.31%	1.31%	Added +37.4k	+37,383 8.1%
20	ISHARES TR IBONDS DEC2026 IBDR	IBDR	522,913	$12.5m1.30%	1.30%	Added +36.6k	+36,590 7.5%
21	ISHARES TR IBONDS 27 ETF IBDS	IBDS	514,589	$12.3m1.28%	1.28%	Added +36.8k	+36,784 7.7%
22	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	495,962	$12.3m1.27%	1.27%	Added +38.4k	+38,391 8.4%
23	ISHARES TR IBONDS DEC24 ETF IBDP	IBDP	491,045	$12.2m1.27%	1.27%	Added +33.2k	+33,167 7.2%
24	AMAZON COM INC COM AMZN	AMZN	71,485	$10.9m1.13%	1.13%	Reduced -121	-121 -0.2%
25	NVIDIA CORPORATION COM NVDA	NVDA	20,938	$10.4m1.08%	1.08%	Reduced -200	-200 -0.9%
26	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	115,510	$8.9m0.93%	0.93%	Reduced -5.9k	-5,935 -4.9%
27	HOME DEPOT INC COM HD	HD	22,559	$7.8m0.81%	0.81%	Reduced -321	-321 -1.4%
28	ADOBE INC COM ADBE	ADBE	12,923	$7.7m0.80%	0.80%	Reduced -465	-465 -3.5%
29	JPMORGAN CHASE & CO COM JPM	JPM	44,756	$7.6m0.79%	0.79%	Reduced -1.2k	-1,172 -2.5%
30	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	15,271	$7.3m0.75%	0.75%	Added +535	+535 3.6%
31	SALESFORCE INC COM CRM	CRM	26,579	$7.0m0.73%	0.73%	Reduced -31	-31 -0.1%
32	ISHARES TR CORE US AGGBD ET AGG	AGG	67,093	$6.7m0.69%	0.69%	Added +2.8k	+2,750 4.3%
33	ISHARES TR IBONDS DEC 2033 IBDY	IBDY	238,444	$6.2m0.64%	0.64%	Added +230.9k	+230,950 3081.8%
34	VISA INC COM CL A V	V	23,002	$6.0m0.62%	0.62%	Reduced -4.0k	-3,950 -14.7%
35	ORACLE CORP COM ORCL	ORCL	54,820	$5.8m0.60%	0.60%	Reduced -7.5k	-7,491 -12.0%
36	BLACKROCK INC COM BLK	BLK	7,085	$5.8m0.60%	0.60%	Reduced -85	-85 -1.2%
37	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	15,397	$5.5m0.57%	0.57%	Reduced -162	-162 -1.0%
38	JOHNSON & JOHNSON COM JNJ	JNJ	34,171	$5.4m0.56%	0.56%	Reduced -2.2k	-2,212 -6.1%
39	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	9,907	$5.3m0.55%	0.55%	Reduced -34	-34 -0.3%
40	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	39,670	$5.1m0.53%	0.53%	Reduced -879	-879 -2.2%
41	PROCTER AND GAMBLE CO COM PG	PG	33,484	$4.9m0.51%	0.51%	Reduced -2.1k	-2,129 -6.0%
42	STRYKER CORPORATION COM SYK	SYK	16,214	$4.9m0.50%	0.50%	Reduced -349	-349 -2.1%
43	ISHARES TR NEW YORK MUN ETF NYF	NYF	88,985	$4.8m0.50%	0.50%	Added +4.2k	+4,184 4.9%
44	UNITEDHEALTH GROUP INC COM UNH	UNH	9,133	$4.8m0.50%	0.50%	Reduced -2.5k	-2,474 -21.3%
45	AMPHENOL CORP CL A APH	APH	48,095	$4.8m0.49%	0.49%	Reduced -10.5k	-10,455 -17.9%
46	BANK AMERICA CORP COM BAC	BAC	137,980	$4.6m0.48%	0.48%	Reduced -650	-650 -0.5%
47	ABBOTT LABS COM ABT	ABT	42,021	$4.6m0.48%	0.48%	Reduced -39	-39 -0.1%
48	CATERPILLAR INC COM CAT	CAT	15,553	$4.6m0.48%	0.48%	Reduced -518	-518 -3.2%
49	META PLATFORMS INC CL A META	META	12,819	$4.5m0.47%	0.47%	Added +808	+808 6.7%
50	HONEYWELL INTL INC COM COM		21,503	$4.5m0.47%	0.47%	Reduced -689	-689 -3.1%
51	ELI LILLY & CO COM LLY	LLY	7,715	$4.5m0.47%	0.47%	Added +2.0k	+1,966 34.2%
52	TJX COS INC NEW COM TJX	TJX	47,504	$4.5m0.46%	0.46%	Reduced -826	-826 -1.7%
53	CISCO SYS INC COM CSCO	CSCO	87,346	$4.4m0.46%	0.46%	Reduced -4.5k	-4,532 -4.9%
54	EXXON MOBIL CORP COM XOM	XOM	43,028	$4.3m0.45%	0.45%	Reduced -445	-445 -1.0%
55	COSTCO WHSL CORP NEW COM COST	COST	6,450	$4.3m0.44%	0.44%	Reduced -232	-232 -3.5%
56	WALMART INC COM WMT	WMT	24,646	$3.9m0.40%	0.40%	Added +329	+329 1.4%
57	MASCO CORP COM MAS	MAS	57,630	$3.9m0.40%	0.40%	Added +238	+238 0.4%
58	DISNEY WALT CO COM DIS	DIS	40,669	$3.7m0.38%	0.38%	Reduced -417	-417 -1.0%
59	PEPSICO INC COM PEP	PEP	21,219	$3.6m0.37%	0.37%	Reduced -3.9k	-3,872 -15.4%
60	MCDONALDS CORP COM MCD	MCD	11,505	$3.4m0.35%	0.35%	Added +141	+141 1.2%
61	NETFLIX INC COM NFLX	NFLX	6,681	$3.3m0.34%	0.34%	Reduced -74	-74 -1.1%
62	AMGEN INC COM AMGN	AMGN	10,574	$3.0m0.32%	0.32%	Reduced -280	-280 -2.6%
63	WILLIAMS COS INC COM WMB	WMB	83,855	$2.9m0.30%	0.30%	Added +83	+83 0.1%
64	DANAHER CORPORATION COM DHR	DHR	12,575	$2.9m0.30%	0.30%	Added +72	+72 0.6%
65	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	14,577	$2.8m0.29%	0.29%	Reduced -660	-660 -4.3%
66	DOLLAR TREE INC COM DLTR	DLTR	17,258	$2.5m0.25%	0.25%	Reduced -957	-957 -5.2%
67	MORGAN STANLEY COM NEW MS	MS	25,385	$2.4m0.25%	0.25%	Added +3.0k	+3,027 13.5%
68	CHEVRON CORP NEW COM CVX	CVX	15,547	$2.3m0.24%	0.24%	Reduced -517	-517 -3.2%
69	UNION PAC CORP COM UNP	UNP	9,098	$2.2m0.23%	0.23%	Reduced -359	-359 -3.8%
70	ALPHABET INC CAP STK CL C GOOG	GOOG	15,200	$2.1m0.22%	0.22%	Reduced -691	-691 -4.3%
71	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	39,784	$2.0m0.21%	0.21%	Added +412	+412 1.1%
72	COCA COLA CO COM KO	KO	32,582	$1.9m0.20%	0.20%	Added +364	+364 1.1%
73	MARVELL TECHNOLOGY INC COM MRVL	MRVL	31,420	$1.9m0.20%	0.20%	Added +9.5k	+9,477 43.2%
74	TRAVELERS COMPANIES INC COM TRV	TRV	9,476	$1.8m0.19%	0.19%	Added +103	+103 1.1%
75	INGERSOLL RAND INC COM IR	IR	23,143	$1.8m0.19%	0.19%	Added +8.6k	+8,649 59.7%
76	CONOCOPHILLIPS COM COP	COP	15,257	$1.8m0.18%	0.18%	Reduced -68	-68 -0.4%
77	STARBUCKS CORP COM SBUX	SBUX	18,178	$1.7m0.18%	0.18%	Reduced -323	-323 -1.8%
78	GENERAL DYNAMICS CORP COM GD	GD	6,668	$1.7m0.18%	0.18%	Reduced -714	-714 -9.7%
79	MASTERCARD INCORPORATED CL A MA	MA	4,039	$1.7m0.18%	0.18%	Reduced -106	-106 -2.6%
80	YUM BRANDS INC COM YUM	YUM	12,844	$1.7m0.17%	0.17%	Added +122	+122 1.0%
81	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	31,083	$1.6m0.17%	0.17%	Reduced -13.9k	-13,948 -31.0%
82	TESLA INC COM TSLA	TSLA	6,262	$1.6m0.16%	0.16%	Added +5.5k	+5,486 707.0%
83	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	17,898	$1.5m0.16%	0.16%	Reduced -642	-642 -3.5%
84	QUALCOMM INC COM QCOM	QCOM	10,530	$1.5m0.16%	0.16%	Reduced -7.1k	-7,100 -40.3%
85	CUMMINS INC COM CMI	CMI	6,247	$1.5m0.16%	0.16%	Reduced -391	-391 -5.9%
86	DIGITAL RLTY TR INC COM DLR	DLR	11,000	$1.5m0.15%	0.15%	Unchanged
87	WASTE MGMT INC DEL COM WM	WM	8,244	$1.5m0.15%	0.15%	Unchanged
88	SYSCO CORP COM SYY	SYY	20,152	$1.5m0.15%	0.15%	Reduced -97	-97 -0.5%
89	ECOLAB INC COM ECL	ECL	6,956	$1.4m0.14%	0.14%	Reduced -98	-98 -1.4%
90	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	3,349	$1.4m0.14%	0.14%	Added +1.5k	+1,537 84.8%
91	NIKE INC CL B NKE	NKE	12,371	$1.3m0.14%	0.14%	Reduced -138	-138 -1.1%
92	ISHARES TR NATIONAL MUN ETF MUB	MUB	12,291	$1.3m0.14%	0.14%	Added +890	+890 7.8%
93	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	34,251	$1.3m0.13%	0.13%	Added +1.7k	+1,728 5.3%
94	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	9,382	$1.3m0.13%	0.13%	Reduced -391	-391 -4.0%
95	PFIZER INC COM PFE	PFE	42,940	$1.2m0.13%	0.13%	Reduced -40.7k	-40,673 -48.6%
96	TERADYNE INC COM TER	TER	11,353	$1.2m0.13%	0.13%	Added +6.3k	+6,318 125.5%
97	SNOWFLAKE INC CL A SNOW	SNOW	6,093	$1.2m0.13%	0.13%	Added +3.2k	+3,219 112.0%
98	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	16,377	$1.2m0.12%	0.12%	Reduced -2.0k	-1,996 -10.9%
99	GOLDMAN SACHS GROUP INC COM GS	GS	3,052	$1.2m0.12%	0.12%	Unchanged
100	LOWES COS INC COM LOW	LOW	5,236	$1.2m0.12%	0.12%	Reduced -430	-430 -7.6%

Sold out since Q3 2023

Security	Ticker	Shares held before	Value then
ISHARES TR		434,131	$11.0m434.1k shares
ACTIVISION BLIZZARD INC ATVI	ATVI	36,053	$3.4m36.1k shares
ISHARES TR		10,156	$259.2k10.2k shares
ISHARES TR		5,380	$127.2k5.4k shares
SEAGEN INC SGEN	SGEN	520	$110.3k520 shares
VANGUARD INTL EQUITY INDEX F VWO	VWO	1,203	$47.2k1.2k shares
CITIGROUP INC C	C	851	$35.0k851 shares
INVESCO EXCH TRADED FD TR II KBWD	KBWD	1,780	$27.0k1.8k shares
MODERNA INC MRNA	MRNA	250	$25.8k250 shares
CORTEVA INC CTVA	CTVA	500	$25.6k500 shares
CAMPBELL SOUP CO CPB	CPB	600	$24.6k600 shares
HAWAIIAN ELEC INDUSTRIES HE	HE	746	$9.2k746 shares
CROWN CASTLE INC CCI	CCI	75	$6.9k75 shares
ABRDN AUSTRALIA EQUITY FD IN		1,600	$6.3k1.6k shares
BIONTECH SE BNTX	BNTX	50	$5.4k50 shares
VMWARE INC VMW	VMW	14	$2.3k14 shares
LITHIUM AMERS CORP NEW		100	$1.7k100 shares
ANGIODYNAMICS INC ANGO	ANGO	200	$1.5k200 shares
NOVAVAX INC NVAX	NVAX	100	$724100 shares