ARKANSAS FINANCIAL GROUP, INC.

LITTLE ROCK, AR · CIK 764611 · 13F filing filed 2024-07-25

SEC-registered investment adviser since 1985 · corporation

Assets managed$971.1m
Staff11 · 5 in investment roles
Main clients (by assets)High net worth individuals 92%, Individuals 7%
Form ADV · 2026-09-04SEC adviser record

$561.6m reported value -1.2% vs Q1 2024

76positions

66.3%in top 10

7 new 31 added 26 reduced 0 sold out vs Q1 2024

Holdings, Q2 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	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	233,403	$91.3m16.25%	16.25%	Added +2.6k	+2,574 1.1%
2	ISHARES TR CORE S&P MCP ETF IJH	IJH	1,151,025	$67.4m11.99%	11.99%	Reduced -34.3k	-34,342 -2.9%
3	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	823,737	$42.2m7.52%	7.52%	Reduced -40.2k	-40,151 -4.7%
4	VANGUARD INDEX FDS MID CAP ETF VO	VO	171,200	$41.4m7.38%	7.38%	Added +54	+54 0.0%
5	ISHARES TR CORE S&P500 ETF IVV	IVV	55,722	$30.5m5.43%	5.43%	Added +4.0k	+4,022 7.8%
6	ISHARES TR TIPS BD ETF TIP	TIP	225,395	$24.1m4.29%	4.29%	Reduced -34.4k	-34,402 -13.2%
7	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	808,906	$24.0m4.28%	4.28%	Added +80.1k	+80,054 11.0%
8	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	394,113	$20.2m3.60%	3.60%	Reduced -33.9k	-33,908 -7.9%
9	ISHARES TR SHRT NAT MUN ETF SUB	SUB	156,662	$16.4m2.92%	2.92%	Added +6.4k	+6,394 4.3%
10	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	30,779	$14.7m2.63%	2.63%	Reduced -45	-45 -0.1%
11	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	117,319	$11.7m2.08%	2.08%	Reduced -2.2k	-2,179 -1.8%
12	ISHARES TR U.S. MED DVC ETF IHI	IHI	180,690	$10.1m1.80%	1.80%	Added +1.4k	+1,443 0.8%
13	ISHARES INC MSCI EMRG CHN EMXC	EMXC	160,053	$9.5m1.69%	1.69%	Added +22.6k	+22,589 16.4%
14	VANGUARD WORLD FD INF TECH ETF VGT	VGT	15,975	$9.2m1.64%	1.64%	Reduced -343	-343 -2.1%
15	ISHARES TR U.S. FIN SVC ETF IYG	IYG	139,581	$9.1m1.62%	1.62%	Reduced -1.2k	-1,188 -0.8%
16	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	222,528	$8.9m1.59%	1.59%	Added +18.8k	+18,830 9.2%
17	ISHARES TR CORE 1 5 YR USD ISTB	ISTB	174,858	$8.3m1.47%	1.47%	Reduced -1.7k	-1,658 -0.9%
18	ISHARES TR CORE INTL AGGR IAGG	IAGG	163,462	$8.2m1.45%	1.45%	Reduced -11.4k	-11,423 -6.5%
19	ISHARES TR MICRO-CAP ETF IWC	IWC	70,628	$8.1m1.43%	1.43%	Reduced -13.6k	-13,581 -16.1%
20	SPDR SER TR PORTFOLIO CRPORT SPBO	SPBO	268,994	$7.7m1.37%	1.37%	Added +20.2k	+20,242 8.1%
21	FIRST TR DOW JONES SELECT MI COM SHS ANNUAL FDM	FDM	126,087	$7.6m1.35%	1.35%	Added +31.8k	+31,755 33.7%
22	ISHARES TR NATIONAL MUN ETF MUB	MUB	59,922	$6.4m1.14%	1.14%	Added +3.1k	+3,127 5.5%
23	SCHWAB STRATEGIC TR EMRG MKTEQ ETF SCHE	SCHE	238,989	$6.3m1.13%	1.13%	Reduced -51.6k	-51,555 -17.7%
24	ISHARES TR CORE S&P SCP ETF IJR	IJR	58,806	$6.3m1.12%	1.12%	Added +1.4k	+1,362 2.4%
25	FIRST TR EXCH TRADED FD III MANAGD MUN ETF FMB	FMB	121,731	$6.2m1.11%	1.11%	Added +765	+765 0.6%
26	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	10,433	$5.7m1.01%	1.01%	Added +13	+13 0.1%
27	ISHARES TR U.S. REAL ES ETF IYR	IYR	55,218	$4.8m0.86%	0.86%	Reduced -2.8k	-2,837 -4.9%
28	ISHARES TR MSCI USA MIN VOL USMV	USMV	55,092	$4.6m0.82%	0.82%	Reduced -17.3k	-17,267 -23.9%
29	ISHARES TR US HLTHCARE ETF IYH	IYH	73,314	$4.5m0.80%	0.80%	Added +3.4k	+3,353 4.8%
30	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	81,892	$4.0m0.71%	0.71%	Added +2.5k	+2,476 3.1%
31	FIDELITY COMWLTH TR NASDAQ COMPSIT ONEQ	ONEQ	40,564	$2.8m0.51%	0.51%	Added +3.8k	+3,764 10.2%
32	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	73,341	$2.8m0.50%	0.50%	Added +14.2k	+14,190 24.0%
33	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	57,192	$2.4m0.42%	0.42%	Added +7.9k	+7,864 15.9%
34	INVESCO EXCHANGE TRADED FD T S&P500 EQL FIN RSPF	RSPF	37,507	$2.3m0.41%	0.41%	Added +1.3k	+1,299 3.6%
35	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	40,792	$2.1m0.38%	0.38%	Reduced -3.4k	-3,430 -7.8%
36	ISHARES TR RESIDENTIAL MULT REZ	REZ	23,751	$1.8m0.33%	0.33%	Added +1.2k	+1,241 5.5%
37	VANECK ETF TRUST AGRIBUSINESS ETF MOO	MOO	24,721	$1.7m0.31%	0.31%	Reduced -57.9k	-57,854 -70.1%
38	ISHARES TR CORE MSCI EAFE IEFA	IEFA	22,825	$1.7m0.30%	0.30%	Added +589	+589 2.6%
39	ALPS ETF TR RIVRFRNT STR INC RIGS	RIGS	70,261	$1.6m0.28%	0.28%	Added +3.7k	+3,680 5.5%
40	ISHARES TR EXPANDED TECH IGV	IGV	16,584	$1.4m0.26%	0.26%	Reduced -171	-171 -1.0%
41	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	18,480	$1.4m0.26%	0.26%	Unchanged
42	ISHARES INC MSCI GBL MIN VOL ACWV	ACWV	12,076	$1.3m0.22%	0.22%	Reduced -61	-61 -0.5%
43	SPDR SER TR S&P SEMICNDCTR XSD	XSD	5,076	$1.3m0.22%	0.22%	Reduced -120	-120 -2.3%
44	FIRST TR EXCHANGE-TRADED FD WTR ETF FIW	FIW	11,791	$1.2m0.21%	0.21%	Added +8.3k	+8,310 238.7%
45	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	5,955	$1.2m0.21%	0.21%	New
46	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	2,884	$1.2m0.21%	0.21%	Added +300	+300 11.6%
47	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	12,168	$1.0m0.18%	0.18%	Added +2	+2 0.0%
48	APPLE INC COM AAPL	AAPL	4,676	$984.8k0.18%	0.18%	Reduced -35	-35 -0.7%
49	ISHARES U S ETF TR GSCI CMDTY STGY COMT	COMT	35,747	$976.3k0.17%	0.17%	New
50	ISHARES TR DOW JONES US ETF IYY	IYY	7,322	$968.8k0.17%	0.17%	Added +3.0k	+3,041 71.0%
51	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	15,888	$815.1k0.15%	0.15%	Reduced -1.2k	-1,203 -7.0%
52	MICROSOFT CORP COM MSFT	MSFT	1,698	$758.9k0.14%	0.14%	Reduced -21	-21 -1.2%
53	JPMORGAN CHASE & CO COM JPM	JPM	3,591	$726.4k0.13%	0.13%	Reduced -131	-131 -3.5%
54	WALMART INC COM WMT	WMT	8,894	$602.2k0.11%	0.11%	Reduced -524	-524 -5.6%
55	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	9,723	$563.8k0.10%	0.10%	Added +79	+79 0.8%
56	BANK OZK LITTLE ROCK ARK COM OZK	OZK	13,304	$545.5k0.10%	0.10%	Unchanged
57	ISHARES INC CORE MSCI EMKT IEMG	IEMG	9,750	$521.9k0.09%	0.09%	Reduced -2	-2 -0.0%
58	NORFOLK SOUTHN CORP COM NSC	NSC	2,274	$488.2k0.09%	0.09%	Unchanged
59	DAVIS FUNDAMENTAL ETF TR SELECT FINL DFNL	DFNL	14,518	$482.1k0.09%	0.09%	Added +14	+14 0.1%
60	ISHARES GOLD TR ISHARES NEW IAU	IAU	8,030	$352.8k0.06%	0.06%	Unchanged
61	ISHARES TR U.S. PHARMA ETF IHE	IHE	5,215	$345.9k0.06%	0.06%	New
62	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	661	$330.4k0.06%	0.06%	New
63	EXXON MOBIL CORP COM XOM	XOM	2,783	$320.4k0.06%	0.06%	Unchanged
64	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	4,668	$303.2k0.05%	0.05%	Unchanged
65	ISHARES INC JP MRG EM CRP BD CEMB	CEMB	6,701	$296.9k0.05%	0.05%	Added +656	+656 10.8%
66	ABBVIE INC COM ABBV	ABBV	1,715	$294.2k0.05%	0.05%	Unchanged
67	HOME BANCSHARES INC COM HOMB	HOMB	11,971	$286.8k0.05%	0.05%	Added +1.0k	+1,000 9.1%
68	MCDONALDS CORP COM MCD	MCD	1,122	$285.9k0.05%	0.05%	Unchanged
69	JOHNSON & JOHNSON COM JNJ	JNJ	1,898	$277.4k0.05%	0.05%	Unchanged
70	AMAZON COM INC COM AMZN	AMZN	1,290	$249.3k0.04%	0.04%	Unchanged
71	BECTON DICKINSON & CO COM BDX	BDX	1,022	$238.9k0.04%	0.04%	Unchanged
72	FIRST TR EXCHANGE TRADED FD MATERIALS ALPH FXZ	FXZ	3,459	$224.2k0.04%	0.04%	New
73	PUBLIC STORAGE COM PSA	PSA	766	$220.3k0.04%	0.04%	Unchanged
74	HOME DEPOT INC COM HD	HD	600	$206.5k0.04%	0.04%	New
75	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	2,599	$202.1k0.04%	0.04%	Reduced -3.1k	-3,090 -54.3%
76	ISHARES TR JPMORGAN USD EMG EMB	EMB	2,262	$200.2k0.04%	0.04%	New