Arrow Financial Corp

Glens Falls, NY · CIK 717538 · 13F filing filed 2024-05-21

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

$1.0bn reported value +4.5% vs Q4 2023

333positions

45.9%in top 10

4 new 47 added 136 reduced 19 sold out vs Q4 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, Q1 2024

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	203,492	$97.8m9.71%	9.71%	Reduced -7.8k	-7,769 -3.7%
2	ISHARES TR CORE S&P SCP ETF IJR	IJR	523,308	$57.8m5.74%	5.74%	Added +9.7k	+9,671 1.9%
3	ISHARES TR CORE S&P MCP ETF IJH	IJH	935,881	$56.8m5.64%	5.64%	Reduced -9.9k	-9,914 -1.1%
4	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	975,601	$48.9m4.85%	4.85%	Reduced -166.3k	-166,317 -14.6%
5	ARROW FINL CORP COM AROW	AROW	1,826,880	$45.7m4.54%	4.54%	Added +100.4k	+100,355 5.8%
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	95,640	$42.5m4.22%	4.22%	Added +1.2k	+1,240 1.3%
7	VANGUARD INDEX FDS MID CAP ETF VO	VO	132,096	$33.0m3.28%	3.28%	Reduced -5.0k	-5,003 -3.6%
8	ISHARES TR CORE MSCI INTL IDEV	IDEV	452,930	$30.4m3.02%	3.02%	Reduced -10.7k	-10,748 -2.3%
9	MICROSOFT CORP COM MSFT	MSFT	59,053	$24.8m2.47%	2.47%	Reduced -1.3k	-1,329 -2.2%
10	ISHARES TR 10-20 YR TRS ETF TLH	TLH	229,999	$24.2m2.40%	2.40%	Reduced -2.6k	-2,591 -1.1%
11	ISHARES TR IBONDS 24 TRM HG IBHD	IBHD	967,495	$22.6m2.24%	2.24%	Reduced -293.6k	-293,631 -23.3%
12	APPLE INC COM AAPL	AAPL	121,360	$20.8m2.07%	2.07%	Reduced -1.9k	-1,908 -1.6%
13	NVIDIA CORPORATION COM NVDA	NVDA	20,328	$18.4m1.82%	1.82%	Reduced -610	-610 -2.9%
14	VANGUARD INDEX FDS SMALL CP ETF VB	VB	69,144	$15.8m1.57%	1.57%	Reduced -345	-345 -0.5%
15	ISHARES TR IBONDS DEC 2032 IBDX	IBDX	554,889	$13.8m1.37%	1.37%	Added +25.3k	+25,348 4.8%
16	ALPHABET INC CAP STK CL A GOOGL	GOOGL	91,134	$13.8m1.37%	1.37%	Reduced -551	-551 -0.6%
17	ISHARES TR IBONDS DEC 2031 IBDW	IBDW	655,960	$13.4m1.33%	1.33%	Added +21.8k	+21,761 3.4%
18	ISHARES TR IBONDS DEC 2030 IBDV	IBDV	617,630	$13.2m1.31%	1.31%	Added +22.0k	+22,036 3.7%
19	ISHARES TR IBONDS DEC 29 IBDU	IBDU	576,568	$13.2m1.31%	1.31%	Added +19.7k	+19,689 3.5%
20	ISHARES TR IBDS DEC28 ETF IBDT	IBDT	517,012	$12.9m1.28%	1.28%	Added +15.3k	+15,291 3.0%
21	ISHARES TR IBONDS DEC2026 IBDR	IBDR	538,657	$12.8m1.28%	1.28%	Added +15.7k	+15,744 3.0%
22	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	512,829	$12.7m1.26%	1.26%	Added +16.9k	+16,867 3.4%
23	ISHARES TR IBONDS 27 ETF IBDS	IBDS	533,103	$12.7m1.26%	1.26%	Added +18.5k	+18,514 3.6%
24	ISHARES TR IBONDS DEC24 ETF IBDP	IBDP	499,425	$12.5m1.24%	1.24%	Added +8.4k	+8,380 1.7%
25	AMAZON COM INC COM AMZN	AMZN	68,896	$12.4m1.23%	1.23%	Reduced -2.6k	-2,589 -3.6%
26	ISHARES TR IBONDS DEC 2033 IBDY	IBDY	446,848	$11.4m1.13%	1.13%	Added +208.4k	+208,404 87.4%
27	ISHARES TR IBONDS 25 TRM HG IBHE	IBHE	483,918	$11.3m1.12%	1.12%	Added +470.5k	+470,496 3505.4%
28	JPMORGAN CHASE & CO COM JPM	JPM	42,141	$8.4m0.84%	0.84%	Reduced -2.6k	-2,615 -5.8%
29	HOME DEPOT INC COM HD	HD	21,817	$8.4m0.83%	0.83%	Reduced -742	-742 -3.3%
30	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	102,886	$8.0m0.79%	0.79%	Reduced -12.6k	-12,624 -10.9%
31	SALESFORCE INC COM CRM	CRM	24,712	$7.4m0.74%	0.74%	Reduced -1.9k	-1,867 -7.0%
32	ELI LILLY & CO COM LLY	LLY	8,568	$6.7m0.66%	0.66%	Added +853	+853 11.1%
33	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	12,733	$6.7m0.66%	0.66%	Reduced -2.5k	-2,538 -16.6%
34	ORACLE CORP COM ORCL	ORCL	52,988	$6.7m0.66%	0.66%	Reduced -1.8k	-1,832 -3.3%
35	META PLATFORMS INC CL A META	META	13,416	$6.5m0.65%	0.65%	Added +597	+597 4.7%
36	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	14,881	$6.3m0.62%	0.62%	Reduced -516	-516 -3.4%
37	ISHARES TR CORE US AGGBD ET AGG	AGG	63,618	$6.2m0.62%	0.62%	Reduced -3.5k	-3,475 -5.2%
38	VISA INC COM CL A V	V	21,822	$6.1m0.60%	0.60%	Reduced -1.2k	-1,180 -5.1%
39	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	9,758	$5.7m0.56%	0.56%	Reduced -149	-149 -1.5%
40	AMPHENOL CORP CL A APH	APH	48,137	$5.6m0.55%	0.55%	Added +42	+42 0.1%
41	BLACKROCK INC COM BLK	BLK	6,432	$5.4m0.53%	0.53%	Reduced -653	-653 -9.2%
42	CATERPILLAR INC COM CAT	CAT	14,595	$5.3m0.53%	0.53%	Reduced -958	-958 -6.2%
43	PROCTER AND GAMBLE CO COM PG	PG	32,599	$5.3m0.53%	0.53%	Reduced -885	-885 -2.6%
44	ADOBE INC COM ADBE	ADBE	10,306	$5.2m0.52%	0.52%	Reduced -2.6k	-2,617 -20.2%
45	BANK AMERICA CORP COM BAC	BAC	135,415	$5.1m0.51%	0.51%	Reduced -2.6k	-2,565 -1.9%
46	JOHNSON & JOHNSON COM JNJ	JNJ	32,225	$5.1m0.51%	0.51%	Reduced -1.9k	-1,946 -5.7%
47	EXXON MOBIL CORP COM XOM	XOM	43,641	$5.1m0.50%	0.50%	Added +613	+613 1.4%
48	STRYKER CORPORATION COM SYK	SYK	13,558	$4.9m0.48%	0.48%	Reduced -2.7k	-2,656 -16.4%
49	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	35,032	$4.8m0.48%	0.48%	Reduced -4.6k	-4,638 -11.7%
50	ABBOTT LABS COM ABT	ABT	41,113	$4.7m0.46%	0.46%	Reduced -908	-908 -2.2%
51	ISHARES TR NEW YORK MUN ETF NYF	NYF	83,534	$4.5m0.45%	0.45%	Reduced -5.5k	-5,451 -6.1%
52	MASCO CORP COM MAS	MAS	56,923	$4.5m0.45%	0.45%	Reduced -707	-707 -1.2%
53	HONEYWELL INTL INC COM COM		21,162	$4.3m0.43%	0.43%	Reduced -341	-341 -1.6%
54	CISCO SYS INC COM CSCO	CSCO	83,010	$4.1m0.41%	0.41%	Reduced -4.3k	-4,336 -5.0%
55	UNITEDHEALTH GROUP INC COM UNH	UNH	8,195	$4.1m0.40%	0.40%	Reduced -938	-938 -10.3%
56	NETFLIX INC COM NFLX	NFLX	6,650	$4.0m0.40%	0.40%	Reduced -31	-31 -0.5%
57	TJX COS INC NEW COM TJX	TJX	39,426	$4.0m0.40%	0.40%	Reduced -8.1k	-8,078 -17.0%
58	COSTCO WHSL CORP NEW COM COST	COST	5,398	$4.0m0.39%	0.39%	Reduced -1.1k	-1,052 -16.3%
59	DISNEY WALT CO COM DIS	DIS	32,064	$3.9m0.39%	0.39%	Reduced -8.6k	-8,605 -21.2%
60	WALMART INC COM WMT	WMT	61,901	$3.7m0.37%	0.37%	Reduced -12.0k	-12,037 -16.3%
61	PEPSICO INC COM PEP	PEP	20,972	$3.7m0.36%	0.36%	Reduced -247	-247 -1.2%
62	WILLIAMS COS INC COM WMB	WMB	83,803	$3.3m0.32%	0.32%	Reduced -52	-52 -0.1%
63	DANAHER CORPORATION COM DHR	DHR	12,792	$3.2m0.32%	0.32%	Added +217	+217 1.7%
64	MCDONALDS CORP COM MCD	MCD	11,312	$3.2m0.32%	0.32%	Reduced -193	-193 -1.7%
65	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	14,577	$3.0m0.30%	0.30%	Unchanged
66	INGERSOLL RAND INC COM IR	IR	28,876	$2.7m0.27%	0.27%	Added +5.7k	+5,733 24.8%
67	AMGEN INC COM AMGN	AMGN	9,541	$2.7m0.27%	0.27%	Reduced -1.0k	-1,033 -9.8%
68	MORGAN STANLEY COM NEW MS	MS	27,859	$2.6m0.26%	0.26%	Added +2.5k	+2,474 9.8%
69	MARVELL TECHNOLOGY INC COM MRVL	MRVL	36,095	$2.6m0.25%	0.25%	Added +4.7k	+4,675 14.9%
70	CHEVRON CORP NEW COM CVX	CVX	15,419	$2.4m0.24%	0.24%	Reduced -128	-128 -0.8%
71	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	5,691	$2.4m0.24%	0.24%	Added +2.3k	+2,342 69.9%
72	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	41,421	$2.2m0.22%	0.22%	Added +1.6k	+1,637 4.1%
73	UNION PAC CORP COM UNP	UNP	8,718	$2.1m0.21%	0.21%	Reduced -380	-380 -4.2%
74	TRAVELERS COMPANIES INC COM TRV	TRV	8,932	$2.1m0.20%	0.20%	Reduced -544	-544 -5.7%
75	ALPHABET INC CAP STK CL C GOOG	GOOG	13,291	$2.0m0.20%	0.20%	Reduced -1.9k	-1,909 -12.6%
76	DOLLAR TREE INC COM DLTR	DLTR	15,130	$2.0m0.20%	0.20%	Reduced -2.1k	-2,128 -12.3%
77	COCA COLA CO COM KO	KO	31,102	$1.9m0.19%	0.19%	Reduced -1.5k	-1,480 -4.5%
78	CONOCOPHILLIPS COM COP	COP	14,523	$1.8m0.18%	0.18%	Reduced -734	-734 -4.8%
79	MASTERCARD INCORPORATED CL A MA	MA	3,720	$1.8m0.18%	0.18%	Reduced -319	-319 -7.9%
80	GENERAL DYNAMICS CORP COM GD	GD	6,300	$1.8m0.18%	0.18%	Reduced -368	-368 -5.5%
81	WASTE MGMT INC DEL COM WM	WM	8,299	$1.8m0.18%	0.18%	Added +55	+55 0.7%
82	TERADYNE INC COM TER	TER	15,426	$1.7m0.17%	0.17%	Added +4.1k	+4,073 35.9%
83	YUM BRANDS INC COM YUM	YUM	12,268	$1.7m0.17%	0.17%	Reduced -576	-576 -4.5%
84	CUMMINS INC COM CMI	CMI	5,581	$1.6m0.16%	0.16%	Reduced -666	-666 -10.7%
85	STARBUCKS CORP COM SBUX	SBUX	17,987	$1.6m0.16%	0.16%	Reduced -191	-191 -1.1%
86	SYSCO CORP COM SYY	SYY	19,838	$1.6m0.16%	0.16%	Reduced -314	-314 -1.6%
87	TESLA INC COM TSLA	TSLA	9,087	$1.6m0.16%	0.16%	Added +2.8k	+2,825 45.1%
88	DIGITAL RLTY TR INC COM DLR	DLR	11,000	$1.6m0.16%	0.16%	Unchanged
89	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	16,750	$1.6m0.15%	0.15%	Reduced -1.1k	-1,148 -6.4%
90	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	30,316	$1.6m0.15%	0.15%	Reduced -767	-767 -2.5%
91	T-MOBILE US INC COM TMUS	TMUS	8,863	$1.4m0.14%	0.14%	Added +5.1k	+5,148 138.6%
92	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	34,151	$1.4m0.14%	0.14%	Reduced -100	-100 -0.3%
93	ECOLAB INC COM ECL	ECL	6,056	$1.4m0.14%	0.14%	Reduced -900	-900 -12.9%
94	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	9,382	$1.4m0.14%	0.14%	Unchanged
95	ISHARES TR NATIONAL MUN ETF MUB	MUB	12,291	$1.3m0.13%	0.13%	Unchanged
96	PALO ALTO NETWORKS INC COM PANW	PANW	4,472	$1.3m0.13%	0.13%	Added +993	+993 28.5%
97	GOLDMAN SACHS GROUP INC COM GS	GS	3,017	$1.3m0.13%	0.13%	Reduced -35	-35 -1.1%
98	LOWES COS INC COM LOW	LOW	4,912	$1.3m0.12%	0.12%	Reduced -324	-324 -6.2%
99	SNOWFLAKE INC CL A SNOW	SNOW	7,604	$1.2m0.12%	0.12%	Added +1.5k	+1,511 24.8%
100	DOMINION ENERGY INC COM D	D	24,196	$1.2m0.12%	0.12%	Added +1.3k	+1,341 5.9%

Sold out since Q4 2023

Security	Ticker	Shares held before	Value then
DIMENSIONAL ETF TRUST DFAC	DFAC	5,293	$154.7k5.3k shares
DIMENSIONAL ETF TRUST DFUS	DFUS	1,484	$76.9k1.5k shares
ISHARES TR EEM	EEM	396	$15.9k396 shares
SERVICENOW INC NOW	NOW	8	$5.7k8 shares
TRANSMEDICS GROUP INC TMDX	TMDX	60	$4.7k60 shares
INTUITIVE SURGICAL INC ISRG	ISRG	13	$4.4k13 shares
BIO-TECHNE CORP TECH	TECH	54	$4.2k54 shares
LITTELFUSE INC LFUS	LFUS	15	$4.0k15 shares
TYLER TECHNOLOGIES INC TYL	TYL	9	$3.8k9 shares
SITEONE LANDSCAPE SUPPLY INC SITE	SITE	21	$3.4k21 shares
ISHARES TR AAXJ	AAXJ	46	$3.1k46 shares
UBER TECHNOLOGIES INC UBER	UBER	49	$3.0k49 shares
WALGREENS BOOTS ALLIANCE INC WBA	WBA	100	$2.6k100 shares
GRACO INC GGG	GGG	29	$2.5k29 shares
COSTAR GROUP INC CSGP	CSGP	26	$2.3k26 shares
ZOETIS INC ZTS	ZTS	10	$2.0k10 shares
TELEDYNE TECHNOLOGIES INC TDY	TDY	4	$1.8k4 shares
SITIME CORP SITM	SITM	13	$1.6k13 shares
SPDR SER TR BIL	BIL	15	$1.4k15 shares