ARKANSAS FINANCIAL GROUP, INC.

LITTLE ROCK, AR · CIK 764611 · 13F filing filed 2026-07-20

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

$767.6m reported value +7.1% vs Q1 2026

97positions

61.5%in top 10

4 new 43 added 40 reduced 1 sold out vs Q1 2026

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	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	213,367	$111.5m14.52%	14.52%	Reduced -2.4k	-2,406 -1.1%
2	ISHARES TR CORE S&P MCP ETF IJH	IJH	896,833	$69.2m9.01%	9.01%	Reduced -37.4k	-37,362 -4.0%
3	VANGUARD INDEX FDS MID CAP ETF VO	VO	602,670	$48.6m6.33%	6.33%	Reduced -4.5k	-4,534 -0.8%
4	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	65,851	$48.5m6.32%	6.32%	Reduced -1.6k	-1,593 -2.4%
5	ISHARES TR CORE S&P500 ETF IVV	IVV	63,594	$47.6m6.20%	6.20%	Added +316	+316 0.5%
6	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	1,479,226	$44.4m5.78%	5.78%	Added +70.5k	+70,508 5.0%
7	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	581,391	$30.5m3.97%	3.97%	Reduced -8.2k	-8,152 -1.4%
8	SPDR SER TR PORTFOLIO CRPORT SPBO	SPBO	962,946	$28.0m3.64%	3.64%	Added +85.8k	+85,839 9.8%
9	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	441,461	$23.5m3.06%	3.06%	Reduced -8.2k	-8,203 -1.8%
10	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	198,408	$20.3m2.64%	2.64%	Added +4.0k	+3,953 2.0%
11	ISHARES TR SHRT NAT MUN ETF SUB	SUB	174,286	$18.6m2.42%	2.42%	Reduced -965	-965 -0.6%
12	VANGUARD WORLD FD INF TECH ETF VGT	VGT	155,103	$18.5m2.42%	2.42%	Reduced -17.3k	-17,297 -10.0%
13	ISHARES INC MSCI EMRG CHN EMXC	EMXC	180,464	$18.5m2.41%	2.41%	Reduced -16.3k	-16,277 -8.3%
14	FIRST TR DOW JONES SELECT MI COM SHS ANNUAL FDM	FDM	162,503	$15.1m1.97%	1.97%	Reduced -2.1k	-2,136 -1.3%
15	ISHARES TR U.S. FIN SVC ETF IYG	IYG	130,414	$11.8m1.54%	1.54%	Added +2.6k	+2,588 2.0%
16	ISHARES TR TIPS BD ETF TIP	TIP	105,166	$11.5m1.50%	1.50%	Reduced -1.5k	-1,452 -1.4%
17	ISHARES TR US HLTHCARE ETF IYH	IYH	156,064	$10.5m1.36%	1.36%	Added +26.5k	+26,486 20.4%
18	ISHARES TR U.S. MED DVC ETF IHI	IHI	200,285	$9.9m1.29%	1.29%	Reduced -11.6k	-11,576 -5.5%
19	ISHARES TR MICRO-CAP ETF IWC	IWC	47,956	$9.6m1.25%	1.25%	Reduced -3.3k	-3,338 -6.5%
20	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	163,513	$9.4m1.23%	1.23%	Added +2.0k	+2,006 1.2%
21	FIDELITY COMWLTH TR NASDAQ COMPSIT ONEQ	ONEQ	89,482	$9.2m1.20%	1.20%	Reduced -6.3k	-6,286 -6.6%
22	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	25,192	$7.6m0.99%	0.99%	Added +2.6k	+2,583 11.4%
23	FLEXSHARES TR MORNSTAR UPSTR GUNR	GUNR	151,996	$7.5m0.98%	0.98%	Reduced -5.7k	-5,655 -3.6%
24	SCHWAB STRATEGIC TR EMRG MKTEQ ETF SCHE	SCHE	202,394	$7.3m0.96%	0.96%	Reduced -17.0k	-17,039 -7.8%
25	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	150,290	$7.3m0.95%	0.95%	Reduced -6.5k	-6,508 -4.2%
26	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	9,232	$6.9m0.90%	0.90%	Added +441	+441 5.0%
27	ISHARES TR CORE S&P SCP ETF IJR	IJR	46,150	$6.8m0.89%	0.89%	Reduced -2.1k	-2,150 -4.5%
28	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	135,858	$6.0m0.78%	0.78%	Added +4.3k	+4,315 3.3%
29	ISHARES TR CORE INTL AGGR IAGG	IAGG	115,540	$5.8m0.76%	0.76%	Reduced -1.1k	-1,103 -0.9%
30	ISHARES TR DOW JONES US ETF IYY	IYY	29,721	$5.4m0.71%	0.71%	Added +1.7k	+1,738 6.2%
31	ISHARES TR U.S. REAL ES ETF IYR	IYR	52,304	$5.3m0.70%	0.70%	Reduced -759	-759 -1.4%
32	J P MORGAN EXCHANGE TRADED F INTL BD OPP ETF JPIB	JPIB	103,507	$5.0m0.65%	0.65%	Added +9.7k	+9,707 10.3%
33	FIRST TR EXCHANGE-TRADED FD WTR ETF FIW	FIW	44,810	$4.9m0.64%	0.64%	Reduced -1.0k	-1,004 -2.2%
34	ISHARES TR NATIONAL MUN ETF MUB	MUB	44,980	$4.8m0.63%	0.63%	Added +225	+225 0.5%
35	ISHARES TR RESIDENTIAL MULT REZ	REZ	42,293	$4.0m0.52%	0.52%	Added +2.2k	+2,187 5.5%
36	ISHARES TR MSCI USA MIN VOL USMV	USMV	40,459	$3.9m0.51%	0.51%	Reduced -1.0k	-1,005 -2.4%
37	ISHARES GOLD TR ISHARES NEW IAU	IAU	51,203	$3.9m0.50%	0.50%	Added +7.4k	+7,437 17.0%
38	ISHARES TR CORE 1 5 YR USD ISTB	ISTB	71,606	$3.5m0.45%	0.45%	Reduced -781	-781 -1.1%
39	DAVIS FUNDAMENTAL ETF TR SELECT FINL DFNL	DFNL	69,802	$3.4m0.45%	0.45%	Added +8.3k	+8,339 13.6%
40	FIRST TR EXCH TRADED FD III MANAGD MUN ETF FMB	FMB	63,304	$3.3m0.42%	0.42%	Reduced -242	-242 -0.4%
41	ISHARES TR CORE MSCI EAFE IEFA	IEFA	33,659	$3.3m0.42%	0.42%	Added +1.7k	+1,715 5.4%
42	INVESCO EXCHANGE TRADED FD T S&P500 EQL FIN RSPF	RSPF	36,356	$2.8m0.37%	0.37%	Added +245	+245 0.7%
43	APPLE INC COM AAPL	AAPL	8,401	$2.4m0.32%	0.32%	Added +79	+79 0.9%
44	SPDR SER TR S&P SEMICNDCTR XSD	XSD	3,858	$2.4m0.31%	0.31%	Reduced -233	-233 -5.7%
45	ISHARES TR U.S. PHARMA ETF IHE	IHE	23,489	$2.3m0.30%	0.30%	Added +14.5k	+14,478 160.7%
46	ISHARES U S ETF TR GSCI CMDTY STGY COMT	COMT	60,946	$1.9m0.24%	0.24%	Reduced -378	-378 -0.6%
47	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	48,291	$1.8m0.23%	0.23%	Reduced -332	-332 -0.7%
48	ISHARES TR NORTH AMERN NAT IGE	IGE	29,175	$1.6m0.21%	0.21%	Added +316	+316 1.1%
49	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	57,194	$1.6m0.21%	0.21%	Added +3.9k	+3,930 7.4%
50	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	59,649	$1.6m0.21%	0.21%	Reduced -10.6k	-10,648 -15.2%
51	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	3,001	$1.5m0.20%	0.20%	Reduced -65	-65 -2.1%
52	UNITED STS COMMODITY INDEX F COMM IDX FND USCI	USCI	15,955	$1.5m0.19%	0.19%	Added +2.4k	+2,356 17.3%
53	ISHARES INC MSCI GBL MIN VOL ACWV	ACWV	11,493	$1.4m0.18%	0.18%	Unchanged
54	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	22,848	$1.3m0.17%	0.17%	Added +240	+240 1.1%
55	HARTFORD FDS EXCHANGE TRADED MUN OPORTUNITE HMOP	HMOP	33,375	$1.3m0.17%	0.17%	Added +13.2k	+13,152 65.0%
56	ISHARES TR EXPANDED TECH IGV	IGV	13,254	$1.2m0.16%	0.16%	Reduced -3.4k	-3,368 -20.3%
57	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	12,288	$1.2m0.15%	0.15%	Reduced -120	-120 -1.0%
58	WESTROCK COFFEE CO COM WEST	WEST	127,483	$1.0m0.13%	0.13%	Added +61.4k	+61,357 92.8%
59	ISHARES TR CORE MSCI EURO IEUR	IEUR	13,396	$1.0m0.13%	0.13%	Added +590	+590 4.6%
60	WALMART INC COM WMT	WMT	8,244	$933.7k0.12%	0.12%	Reduced -40	-40 -0.5%
61	JPMORGAN CHASE & CO COM JPM	JPM	2,667	$873.1k0.11%	0.11%	Added +30	+30 1.1%
62	VANECK ETF TRUST AGRIBUSINESS ETF MOO	MOO	10,179	$806.2k0.11%	0.11%	Reduced -218	-218 -2.1%
63	FIRST TR EXCHANGE-TRADED FD NASDQ CLN EDGE GRID	GRID	4,105	$787.1k0.10%	0.10%	Added +925	+925 29.1%
64	MICROSOFT CORP COM MSFT	MSFT	2,022	$754.2k0.10%	0.10%	Added +313	+313 18.3%
65	ISHARES TR JPMORGAN USD EMG EMB	EMB	7,625	$735.3k0.10%	0.10%	Reduced -130	-130 -1.7%
66	ISHARES INC CORE MSCI EMKT IEMG	IEMG	8,280	$685.9k0.09%	0.09%	Added +241	+241 3.0%
67	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	9,554	$645.5k0.08%	0.08%	Reduced -81	-81 -0.8%
68	AMAZON COM INC COM AMZN	AMZN	2,658	$633.4k0.08%	0.08%	Added +85	+85 3.3%
69	NORFOLK SOUTHN CORP COM NSC	NSC	1,879	$591.1k0.08%	0.08%	Reduced -127	-127 -6.3%
70	NVIDIA CORPORATION COM NVDA	NVDA	2,649	$530.0k0.07%	0.07%	Added +136	+136 5.4%
71	VANGUARD SCOTTSDALE FDS LONG TERM TREAS VGLT	VGLT	8,898	$491.0k0.06%	0.06%	Added +310	+310 3.6%
72	JOHNSON & JOHNSON COM JNJ	JNJ	1,882	$478.0k0.06%	0.06%	Added +318	+318 20.3%
73	ISHARES INC MSCI GBL GOLD MN RING	RING	7,302	$471.7k0.06%	0.06%	Added +1.7k	+1,689 30.1%
74	CENTERPOINT ENERGY INC COM CNP	CNP	10,223	$450.2k0.06%	0.06%	Reduced -1.1k	-1,091 -9.6%
75	ISHARES TR CRE U S REIT ETF USRT	USRT	6,713	$446.1k0.06%	0.06%	Reduced -98	-98 -1.4%
76	ELI LILLY & CO COM LLY	LLY	366	$439.0k0.06%	0.06%	New
77	ISHARES TR 3 7 YR TREAS BD IEI	IEI	3,733	$438.4k0.06%	0.06%	Unchanged
78	BANK OZK LITTLE ROCK ARK COM OZK	OZK	8,410	$438.1k0.06%	0.06%	Unchanged
79	ABBVIE INC COM ABBV	ABBV	1,733	$436.0k0.06%	0.06%	Unchanged
80	ISHARES TR CORE MSCI PAC IPAC	IPAC	5,045	$413.3k0.05%	0.05%	Added +511	+511 11.3%
81	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	542	$372.3k0.05%	0.05%	Unchanged
82	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	4,668	$349.6k0.05%	0.05%	Unchanged
83	BROADCOM INC COM AVGO	AVGO	866	$327.0k0.04%	0.04%	Added +29	+29 3.5%
84	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	5,542	$326.9k0.04%	0.04%	Added +146	+146 2.7%
85	VANECK ETF TRUST JP MRGAN EM LOC EMLC	EMLC	12,722	$325.2k0.04%	0.04%	Added +1.9k	+1,949 18.1%
86	WISDOMTREE TR EM LCL DEBT FD ELD	ELD	11,231	$322.3k0.04%	0.04%	Reduced -694	-694 -5.8%
87	MCDONALDS CORP COM MCD	MCD	1,109	$299.8k0.04%	0.04%	Added +10	+10 0.9%
88	PROFESIONALLY MANAGED PORTFO AKRE FOCUS ETF AKRE	AKRE	5,559	$295.7k0.04%	0.04%	Unchanged
89	ISHARES TR AGGRES ALLOC ETF AOA	AOA	2,930	$286.0k0.04%	0.04%	Reduced -30	-30 -1.0%
90	HOME BANCSHARES INC COM HOMB	HOMB	9,127	$260.6k0.03%	0.03%	Unchanged
91	EXXON MOBIL CORP COM XOM	XOM	1,865	$255.0k0.03%	0.03%	Added +111	+111 6.3%
92	TESLA INC COM TSLA	TSLA	602	$253.0k0.03%	0.03%	Unchanged
93	PUBLIC STORAGE COM PSA	PSA	766	$243.8k0.03%	0.03%	Unchanged
94	ISHARES TR 1 3 YR TREAS BD SHY	SHY	2,915	$239.4k0.03%	0.03%	Added +54	+54 1.9%
95	ALPHABET INC CAP STK CL A GOOGL	GOOGL	647	$231.2k0.03%	0.03%	New
96	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	776	$218.2k0.03%	0.03%	New
97	VANGUARD INDEX FDS VALUE ETF VTV	VTV	969	$211.2k0.03%	0.03%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VANGUARD INDEX FDS VTI	VTI	652	$217.6k652 shares