Arrow Financial Corp

Glens Falls, NY · CIK 717538 · 13F filing filed 2025-02-14

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 -2.6% vs Q3 2024

167positions

48.6%in top 10

2 new 44 added 94 reduced 175 sold out vs Q3 2024

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 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	216,555	$116.7m11.08%	11.08%	Added +6.5k	+6,518 3.1%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	156,458	$80.0m7.59%	7.59%	Added +15.1k	+15,092 10.7%
3	ARROW FINL CORP COM AROW	AROW	1,899,569	$54.5m5.18%	5.18%	Reduced -70.2k	-70,224 -3.6%
4	ISHARES TR CORE S&P MCP ETF IJH	IJH	866,369	$54.0m5.12%	5.12%	Reduced -18.9k	-18,894 -2.1%
5	ISHARES TR CORE S&P SCP ETF IJR	IJR	384,741	$44.3m4.21%	4.21%	Reduced -25.7k	-25,720 -6.3%
6	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	791,546	$40.5m3.84%	3.84%	Reduced -85.9k	-85,933 -9.8%
7	ISHARES TR IBONDS 25 TRM HG IBHE	IBHE	1,479,655	$34.3m3.26%	3.26%	Added +42.1k	+42,147 2.9%
8	ISHARES TR CORE MSCI INTL IDEV	IDEV	455,327	$29.4m2.79%	2.79%	Added +5.6k	+5,587 1.2%
9	VANGUARD INDEX FDS MID CAP ETF VO	VO	110,986	$29.3m2.78%	2.78%	Reduced -5.1k	-5,113 -4.4%
10	APPLE INC COM AAPL	AAPL	115,147	$28.8m2.74%	2.74%	Reduced -2.2k	-2,237 -1.9%
11	MICROSOFT CORP COM MSFT	MSFT	57,791	$24.4m2.31%	2.31%	Reduced -714	-714 -1.2%
12	NVIDIA CORPORATION COM NVDA	NVDA	181,237	$24.3m2.31%	2.31%	Reduced -3.7k	-3,706 -2.0%
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	85,969	$16.3m1.54%	1.54%	Reduced -3.1k	-3,084 -3.5%
14	ISHARES TR IBONDS DEC 2032 IBDX	IBDX	599,943	$14.7m1.40%	1.40%	Added +14.9k	+14,943 2.5%
15	ISHARES TR IBONDS DEC 2033 IBDY	IBDY	572,653	$14.4m1.36%	1.36%	Added +25.9k	+25,923 4.7%
16	AMAZON COM INC COM AMZN	AMZN	65,254	$14.3m1.36%	1.36%	Reduced -3.2k	-3,193 -4.7%
17	ISHARES TR IBONDS DEC 2031 IBDW	IBDW	702,409	$14.3m1.36%	1.36%	Added +22.7k	+22,728 3.3%
18	ISHARES TR IBONDS DEC 2030 IBDV	IBDV	667,244	$14.3m1.35%	1.35%	Added +22.0k	+21,998 3.4%
19	ISHARES TR IBONDS DEC 29 IBDU	IBDU	620,143	$14.1m1.34%	1.34%	Added +21.9k	+21,850 3.6%
20	ISHARES TR IBONDS DEC2026 IBDR	IBDR	585,057	$14.1m1.34%	1.34%	Added +21.9k	+21,924 3.9%
21	ISHARES TR IBDS DEC28 ETF IBDT	IBDT	563,736	$14.0m1.33%	1.33%	Added +21.4k	+21,416 4.0%
22	ISHARES TR IBONDS 27 ETF IBDS	IBDS	579,725	$13.9m1.32%	1.32%	Added +22.1k	+22,092 4.0%
23	ISHARES TR IBONDS DEC25 ETF IBDQ	IBDQ	553,062	$13.9m1.32%	1.32%	Added +16.4k	+16,378 3.0%
24	VANGUARD INDEX FDS SMALL CP ETF VB	VB	51,047	$12.3m1.16%	1.16%	Reduced -3.0k	-2,950 -5.5%
25	JPMORGAN CHASE & CO COM JPM	JPM	39,656	$9.5m0.90%	0.90%	Reduced -67	-67 -0.2%
26	SALESFORCE INC COM CRM	CRM	26,223	$8.8m0.83%	0.83%	Reduced -12	-12 -0.1%
27	HOME DEPOT INC COM HD	HD	21,369	$8.3m0.79%	0.79%	Added +322	+322 1.5%
28	ISHARES TR 10-20 YR TRS ETF TLH	TLH	81,467	$8.1m0.77%	0.77%	Reduced -133.4k	-133,382 -62.1%
29	SPDR SER TR S&P HOMEBUILD XHB	XHB	76,173	$8.0m0.76%	0.76%	Added +70.5k	+70,501 1243.0%
30	META PLATFORMS INC CL A META	META	13,480	$7.9m0.75%	0.75%	Reduced -166	-166 -1.2%
31	ORACLE CORP COM ORCL	ORCL	47,063	$7.8m0.74%	0.74%	Reduced -1.4k	-1,361 -2.8%
32	ELI LILLY & CO COM LLY	LLY	8,569	$6.6m0.63%	0.63%	Reduced -157	-157 -1.8%
33	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	14,459	$6.6m0.62%	0.62%	Reduced -119	-119 -0.8%
34	ISHARES TR CORE US AGGBD ET AGG	AGG	67,236	$6.5m0.62%	0.62%	Reduced -225	-225 -0.3%
35	VISA INC COM CL A V	V	19,621	$6.2m0.59%	0.59%	Reduced -128	-128 -0.7%
36	BLACKROCK INC COM BLK	BLK	5,781	$5.9m0.56%	0.56%	New
37	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	74,421	$5.8m0.55%	0.55%	Reduced -3.4k	-3,446 -4.4%
38	WALMART INC COM WMT	WMT	61,402	$5.5m0.53%	0.53%	Reduced -23	-23 -0.0%
39	BANK AMERICA CORP COM BAC	BAC	122,054	$5.4m0.51%	0.51%	Added +1.4k	+1,369 1.1%
40	PROCTER AND GAMBLE CO COM PG	PG	31,733	$5.3m0.51%	0.51%	Reduced -256	-256 -0.8%
41	AMPHENOL CORP CL A APH	APH	75,019	$5.2m0.49%	0.49%	Reduced -1.8k	-1,838 -2.4%
42	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	126,879	$5.2m0.49%	0.49%	Added +118.1k	+118,147 1353.0%
43	CATERPILLAR INC COM CAT	CAT	13,713	$5.0m0.47%	0.47%	Reduced -218	-218 -1.6%
44	STRYKER CORPORATION COM SYK	SYK	13,488	$4.9m0.46%	0.46%	Reduced -33	-33 -0.2%
45	ISHARES TR NEW YORK MUN ETF NYF	NYF	90,283	$4.8m0.46%	0.46%	Added +1.7k	+1,657 1.9%
46	ADOBE INC COM ADBE	ADBE	10,669	$4.7m0.45%	0.45%	Added +184	+184 1.8%
47	COSTCO WHSL CORP NEW COM COST	COST	5,130	$4.7m0.45%	0.45%	Reduced -69	-69 -1.3%
48	NETFLIX INC COM NFLX	NFLX	5,262	$4.7m0.45%	0.45%	Reduced -25	-25 -0.5%
49	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	31,037	$4.6m0.44%	0.44%	Reduced -137	-137 -0.4%
50	EXXON MOBIL CORP COM XOM	XOM	41,064	$4.4m0.42%	0.42%	Reduced -1.3k	-1,273 -3.0%
51	HONEYWELL INTL INC COM COM		19,435	$4.4m0.42%	0.42%	Reduced -259	-259 -1.3%
52	JOHNSON & JOHNSON COM JNJ	JNJ	30,265	$4.4m0.42%	0.42%	Reduced -160	-160 -0.5%
53	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	7,351	$4.3m0.41%	0.41%	Reduced -4	-4 -0.1%
54	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	8,104	$4.2m0.40%	0.40%	Added +8	+8 0.1%
55	MARVELL TECHNOLOGY INC COM MRVL	MRVL	38,158	$4.2m0.40%	0.40%	Reduced -149	-149 -0.4%
56	WILLIAMS COS INC COM WMB	WMB	76,601	$4.1m0.39%	0.39%	Reduced -2.6k	-2,609 -3.3%
57	TJX COS INC NEW COM TJX	TJX	33,704	$4.1m0.39%	0.39%	Reduced -163	-163 -0.5%
58	AMGEN INC COM AMGN	AMGN	15,597	$4.1m0.39%	0.39%	Added +909	+909 6.2%
59	UNITEDHEALTH GROUP INC COM UNH	UNH	7,576	$3.8m0.36%	0.36%	Reduced -19	-19 -0.2%
60	ABBOTT LABS COM ABT	ABT	32,675	$3.7m0.35%	0.35%	Reduced -51	-51 -0.2%
61	MASCO CORP COM MAS	MAS	50,200	$3.6m0.35%	0.35%	Reduced -514	-514 -1.0%
62	MORGAN STANLEY COM NEW MS	MS	28,729	$3.6m0.34%	0.34%	Reduced -28	-28 -0.1%
63	TESLA INC COM TSLA	TSLA	8,645	$3.5m0.33%	0.33%	Reduced -56	-56 -0.6%
64	DISNEY WALT CO COM DIS	DIS	30,563	$3.4m0.32%	0.32%	Reduced -511	-511 -1.6%
65	MCDONALDS CORP COM MCD	MCD	11,480	$3.3m0.32%	0.32%	Reduced -45	-45 -0.4%
66	CISCO SYS INC COM CSCO	CSCO	54,592	$3.2m0.31%	0.31%	Added +666	+666 1.2%
67	INGERSOLL RAND INC COM IR	IR	32,343	$2.9m0.28%	0.28%	Added +149	+149 0.5%
68	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	12,428	$2.9m0.27%	0.27%	Reduced -1.8k	-1,834 -12.9%
69	DANAHER CORPORATION COM DHR	DHR	11,827	$2.7m0.26%	0.26%	Added +37	+37 0.3%
70	PEPSICO INC COM PEP	PEP	17,437	$2.7m0.25%	0.25%	Reduced -73	-73 -0.4%
71	T-MOBILE US INC COM TMUS	TMUS	11,437	$2.5m0.24%	0.24%	Added +687	+687 6.4%
72	ALPHABET INC CAP STK CL C GOOG	GOOG	12,451	$2.4m0.23%	0.23%	Reduced -38	-38 -0.3%
73	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	5,605	$2.3m0.21%	0.21%	Added +10	+10 0.2%
74	TRAVELERS COMPANIES INC COM TRV	TRV	9,196	$2.2m0.21%	0.21%	Reduced -131	-131 -1.4%
75	DIGITAL RLTY TR INC COM DLR	DLR	12,300	$2.2m0.21%	0.21%	Unchanged
76	CHEVRON CORP NEW COM CVX	CVX	14,926	$2.2m0.21%	0.21%	Reduced -434	-434 -2.8%
77	TERADYNE INC COM TER	TER	16,846	$2.1m0.20%	0.20%	Added +252	+252 1.5%
78	PALO ALTO NETWORKS INC COM PANW	PANW	11,499	$2.1m0.20%	0.20%	Reduced -983	-983 -7.9%
79	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	20,578	$2.1m0.20%	0.20%	Reduced -88.6k	-88,646 -81.2%
80	MASTERCARD INCORPORATED CL A MA	MA	3,827	$2.0m0.19%	0.19%	Reduced -23	-23 -0.6%
81	COCA COLA CO COM KO	KO	32,319	$2.0m0.19%	0.19%	Added +317	+317 1.0%
82	UNION PAC CORP COM UNP	UNP	8,797	$2.0m0.19%	0.19%	Added +65	+65 0.7%
83	GOLDMAN SACHS GROUP INC COM GS	GS	3,017	$1.7m0.16%	0.16%	Unchanged
84	ISHARES TR IBONDS 2026 TERM IBHF	IBHF	74,460	$1.7m0.16%	0.16%	New
85	GENERAL DYNAMICS CORP COM GD	GD	6,520	$1.7m0.16%	0.16%	Added +61	+61 0.9%
86	CUMMINS INC COM CMI	CMI	4,862	$1.7m0.16%	0.16%	Reduced -273	-273 -5.3%
87	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	23,353	$1.7m0.16%	0.16%	Added +592	+592 2.6%
88	WASTE MGMT INC DEL COM WM	WM	8,299	$1.7m0.16%	0.16%	Unchanged
89	CONOCOPHILLIPS COM COP	COP	15,435	$1.5m0.15%	0.15%	Added +257	+257 1.7%
90	LENNAR CORP CL A LEN	LEN	11,205	$1.5m0.15%	0.15%	Added +891	+891 8.6%
91	SYSCO CORP COM SYY	SYY	19,727	$1.5m0.14%	0.14%	Reduced -350	-350 -1.7%
92	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	30,733	$1.5m0.14%	0.14%	Reduced -935	-935 -3.0%
93	ISHARES TR IBONDS DEC 2034 IBDZ	IBDZ	57,421	$1.5m0.14%	0.14%	Added +50.3k	+50,339 710.8%
94	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	15,784	$1.3m0.13%	0.13%	Reduced -378	-378 -2.3%
95	YUM BRANDS INC COM YUM	YUM	9,579	$1.3m0.12%	0.12%	Reduced -981	-981 -9.3%
96	QUANTA SVCS INC COM PWR	PWR	4,015	$1.3m0.12%	0.12%	Added +834	+834 26.2%
97	ISHARES TR NATIONAL MUN ETF MUB	MUB	11,733	$1.3m0.12%	0.12%	Reduced -1.3k	-1,326 -10.2%
98	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	16,434	$1.2m0.12%	0.12%	Added +1.2k	+1,182 7.8%
99	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	9,895	$1.2m0.12%	0.12%	Added +22	+22 0.2%
100	CAPITAL ONE FINL CORP COM COF	COF	6,810	$1.2m0.12%	0.12%	Unchanged

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
ISHARES TR IBDP	IBDP	491,754	$12.4m491.8k shares
BLACKROCK INC BLK	BLK	5,780	$5.5m5.8k shares
ISHARES TR IBHD	IBHD	124,461	$2.9m124.5k shares
ISHARES TR		9,206	$240.3k9.2k shares
QUALCOMM INC QCOM	QCOM	1,351	$229.7k1.4k shares
NATIONAL GRID PLC NGG	NGG	3,233	$225.2k3.2k shares
GENERAL MLS INC GIS	GIS	2,974	$219.6k3.0k shares
NIKE INC NKE	NKE	2,440	$215.7k2.4k shares
OTIS WORLDWIDE CORP OTIS	OTIS	2,075	$215.7k2.1k shares
INTEL CORP INTC	INTC	9,091	$213.3k9.1k shares
US BANCORP DEL USB	USB	4,515	$206.5k4.5k shares
LINDE PLC LIN	LIN	397	$189.3k397 shares
GE HEALTHCARE TECHNOLOGIES I GEHC	GEHC	1,873	$175.8k1.9k shares
UNITED PARCEL SERVICE INC UPS	UPS	1,260	$171.8k1.3k shares
TORONTO DOMINION BK ONT TD	TD	2,668	$168.8k2.7k shares
FEDEX CORP FDX	FDX	610	$166.9k610 shares
SPDR SER TR XBI	XBI	1,567	$154.8k1.6k shares
DEERE & CO DE	DE	339	$141.5k339 shares
LOCKHEED MARTIN CORP LMT	LMT	239	$139.7k239 shares
NORFOLK SOUTHN CORP NSC	NSC	558	$138.7k558 shares
ILLINOIS TOOL WKS INC ITW	ITW	510	$133.7k510 shares
BOOKING HOLDINGS INC BKNG	BKNG	31	$130.6k31 shares
ISHARES SILVER TR SLV	SLV	4,390	$124.7k4.4k shares
ISHARES TR TLT	TLT	1,128	$110.7k1.1k shares
CONSOLIDATED EDISON INC ED	ED	1,039	$108.2k1.0k shares