Arrow Investment Advisors, LLC

Registered adviser

CIK

1378410

Location

LAUREL, MD

Portfolio Value

Micro $69,594,190

Diversification

Moderately concentrated

Filing Date

Global Rank

#8,542 / 8,827 ▲ 37 · as of Jun 2026

Top Industry

Oil & Gas Midstream 24.0%

Period ended 38 days ago

Filed Nov 2, 2026 · 5d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 139652

Roster of Nov 1, 2026

Regulatory AUM

$377,259,942

Main clients

Registered funds and BDCs (100% of AUM)

Registered funds advised

5 series (1 index, 2 ETFs)

$347,450,618 net assets· N-CEN Jan 31, 2026

LEI

5493000XQEYNVZTQTG53

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$377,259,942	Registered funds and BDCs (100%)
Apr 2025 to Mar 2026	$351,883,559	Registered funds and BDCs (100%)
Apr 2024 to Mar 2025	$324,000,000	Registered funds and BDCs (100%)
May 2023 to Mar 2024	$400,000,000	Registered funds and BDCs (100%)
Apr 2023	$400,000,000	Registered funds and BDCs (100%)
May 2022 to Mar 2023	$325,000,000	Registered funds and BDCs (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 81.7% of the book (60%+)

Turnover

Medium turnover

83.2% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 4.0 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 92.9%; sector active share 77.7% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

77 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

35.0%

+0.1 pts

Top 5

67.3%

−2.7 pts

Top 10

82.4%

+0.6 pts

HHI

1,579

Moderately concentrated−14

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	82.4%	$57,333,302	28
Energy	7.7%	$5,385,110	22
Real Estate	5.1%	$3,537,654	15
Basic Materials	1.6%	$1,101,205	4
Industrials	1.0%	$688,371	2
Consumer Defensive	0.4%	$280,475	1
Financial Services	0.4%	$266,809	1
Consumer Cyclical	0.4%	$266,220	1
Technology	0.4%	$249,550	1
Communication Services	0.4%	$247,723	1
Utilities	0.3%	$237,771	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WU	Western Union CO	+15,879	45,222	$266,809
SHY	iShares 1-3 Year Treasury Bond ETF	+9,986	37,297	$3,028,516
BDN	Brandywine Realty Trust	+8,536	79,735	$223,258
DBC	Invesco DB Commodity Index Tracking Fund	+8,133	54,543	$1,762,829
TU	Telus Corp	+7,358	29,526	$247,723
IEP	Icahn Enterprises L.P.	+6,176	32,835	$221,636
MNR	Mach Natural Resources LP	+5,756	22,486	$230,256
DEI	Douglas Emmett Inc	+5,502	23,836	$228,348
GEL	Genesis Energy LP	+3,481	16,542	$227,617
SPH	Suburban Propane Partners LP	+3,172	14,463	$237,771
GOOD	Gladstone Commercial Corp	+2,472	19,618	$247,775
TXO	TXO Partners, L.P.	+2,374	19,335	$264,309
GNL	Global Net Lease, Inc.	+2,209	26,687	$220,434
ET	Energy Transfer LP	+1,900	12,766	$252,383
BSM	Black Stone Minerals, L.P.	+1,724	17,184	$246,074
PAA	Plains All American Pipeline LP	+1,599	11,217	$266,067
USAC	USA Compression Partners, LP	+1,588	9,337	$232,211
WLKP	Westlake Chemical Partners LP	+1,555	10,639	$225,546
ARLP	Alliance Resource Partners LP	+1,481	9,912	$240,762
DMLP	Dorchester Minerals, L.P.	+1,462	9,575	$268,483
PAGP	Plains Gp Holdings LP	+1,428	10,295	$266,640
TX	Ternium S.A.	+1,386	7,083	$384,606
AM	Antero Midstream Corp	+1,382	11,619	$234,239
KRP	Kimbell Royalty Partners, LP	+1,266	15,759	$225,038
DEA	Easterly Government Properties, Inc.	+1,084	10,549	$244,736
No positions match the current search.

Trimmed

Positions the filer reduced

20 positions

Ticker	Company	Δ Shares	Shares	Value
RLJ	RLJ Lodging Trust	−6,515	21,099	$233,143
PK	Park Hotels & Resorts Inc.	−2,924	16,668	$257,020
APLE	Apple Hospitality REIT, Inc.	−1,295	14,773	$238,731
FCX	Freeport-Mcmoran Inc	−707	3,215	$225,050
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	−606	8,806	$679,911
HIW	Highwoods Properties, Inc.	−434	8,348	$242,258
EWS	iShares MSCI Singapore ETF	−323	14,498	$482,203
EEM	iShares MSCI Emerging Markets ETF	−264	78,667	$5,254,168
EWI	iShares MSCI Italy ETF	−244	7,129	$418,614
EWT	iShares MSCI Taiwan ETF	−204	4,644	$524,307
—		−159	5,433	$0
EPOL	iShares MSCI Poland ETF	−154	11,293	$500,505
VTV	VANGUARD VALUE INDEX FUND	−135	3,306	$714,360
FYX	First Trust Small Cap Core AlphaDEX Fund	−126	32,321	$4,350,083
VLUE	iShares MSCI USA Value Factor ETF	−121	31,826	$6,301,548
SLG	Sl Green Realty Corp	−110	4,912	$240,295
EWP	iShares MSCI Spain ETF	−109	7,406	$438,435
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	−87	2,119	$715,861
GREK	Global X MSCI Greece ETF	−69	5,539	$474,692
EIS	iShares MSCI Israel ETF	−66	4,369	$530,047
No positions match the current search.

New Positions

Positions the filer opened this quarter

9 positions

Ticker	Company	Shares	Value
IVW	iShares S&P 500 Growth ETF	32,929	$4,684,479
MTUM	iShares MSCI USA Momentum Factor ETF	14,150	$4,490,361
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	15,169	$3,504,494
IJT	iShares S&P Small-Cap 600 Growth ETF	21,521	$3,450,461
EWO	iShares MSCI Austria ETF	15,034	$639,847
EWN	iShares MSCI Netherlands ETF	5,712	$386,988
DE	Deere & Co	414	$278,021
BBY	Best Buy Co Inc	3,017	$266,220
GRMN	Garmin Ltd	870	$249,550
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
IEV	iShares Europe ETF	55,717	$4,058,983
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	10,860	$1,184,500
EWY	iShares Trust	3,433	$693,122
EZA	iShares MSCI South Africa ETF	6,010	$379,771
HAS	Hasbro, Inc.	2,991	$247,026
NXRT	NexPoint Residential Trust, Inc.	7,570	$211,354
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

77 tracked positions · $69,594,190 total · filing declares 78 positions · $115,513,288 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Real Estate Technology Utilities

Showing 1–50 of 77 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VLUE	iShares MSCI USA Value Factor ETF	Reduced	31,826	-121	$6,301,548	−1.3%	9.05%
EEM	iShares MSCI Emerging Markets ETF	Reduced	78,667	-264	$5,254,168	−2.7%	7.55%
IVW	iShares S&P 500 Growth ETF	NEW	32,929	NEW	$4,684,479	NEW	6.73%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Held	26,996	0	$4,507,792	−9.9%	6.48%
MTUM	iShares MSCI USA Momentum Factor ETF	NEW	14,150	NEW	$4,490,361	NEW	6.45%
FYX	First Trust Small Cap Core AlphaDEX Fund	Reduced	32,321	-126	$4,350,083	−7.1%	6.25%
GYLD	Arrow Dow Jones Global Yield ETF	Held	285,605	0	$3,867,091	−5.0%	5.56%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	NEW	15,169	NEW	$3,504,494	NEW	5.04%
IJT	iShares S&P Small-Cap 600 Growth ETF	NEW	21,521	NEW	$3,450,461	NEW	4.96%
ORO	Arrow Valtoro ETF	Held	155,000	0	$3,189,016	+15.5%	4.58%
SHY	iShares 1-3 Year Treasury Bond ETF	Added	37,297	+9,986	$3,028,516	+35.1%	4.35%
DBC	Invesco DB Commodity Index Tracking Fund	Added	54,543	+8,133	$1,762,829	+42.5%	2.53%
CWB	State Street(R) SPDR(R) Bloomberg Convertible Securities ETF	Held	12,123	0	$1,226,605	−6.2%	1.76%
TIP	iShares TIPS Bond ETF	Held	11,631	0	$1,210,089	−4.9%	1.74%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Reduced	2,119	-87	$715,861	−11.3%	1.03%
VTV	VANGUARD VALUE INDEX FUND	Reduced	3,306	-135	$714,360	−4.7%	1.03%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Reduced	8,806	-606	$679,911	−9.7%	0.98%
EWO	iShares MSCI Austria ETF	NEW	15,034	NEW	$639,847	NEW	0.92%
EIS	iShares MSCI Israel ETF	Reduced	4,369	-66	$530,047	−1.0%	0.76%
EWT	iShares MSCI Taiwan ETF	Reduced	4,644	-204	$524,307	−0.4%	0.75%
EPOL	iShares MSCI Poland ETF	Reduced	11,293	-154	$500,505	+13.2%	0.72%
EWS	iShares MSCI Singapore ETF	Reduced	14,498	-323	$482,203	+9.9%	0.69%
GREK	Global X MSCI Greece ETF	Reduced	5,539	-69	$474,692	+12.1%	0.68%
EWP	iShares MSCI Spain ETF	Reduced	7,406	-109	$438,435	−1.8%	0.63%
EWI	iShares MSCI Italy ETF	Reduced	7,129	-244	$418,614	−4.2%	0.60%
RHI	Robert Half Inc. Industrials	Added	11,166	+156	$410,350	+21.4%	0.59%
EWN	iShares MSCI Netherlands ETF	NEW	5,712	NEW	$386,988	NEW	0.56%
TX	Ternium S.A. Basic Materials	Added	7,083	+1,386	$384,606	+58.1%	0.55%
CALM	Cal-Maine Foods Inc Consumer Defensive	Added	4,121	+594	$280,475	−1.3%	0.40%
DE	Deere & Co Industrials	NEW	414	NEW	$278,021	NEW	0.40%
DMLP	Dorchester Minerals, L.P. Energy	Added	9,575	+1,462	$268,483	+31.1%	0.39%
WU	Western Union CO Financial Services	Added	45,222	+15,879	$266,809	+18.1%	0.38%
SUN	Sunoco LP Energy	Added	3,660	+501	$266,704	+25.1%	0.38%
PAGP	Plains Gp Holdings LP Energy	Added	10,295	+1,428	$266,640	+23.9%	0.38%
BBY	Best Buy Co Inc Consumer Cyclical	NEW	3,017	NEW	$266,220	NEW	0.38%
PAA	Plains All American Pipeline LP Energy	Added	11,217	+1,599	$266,067	+24.3%	0.38%
UAN	Cvr Partners, LP Basic Materials	Added	2,149	+334	$266,003	+31.5%	0.38%
TXO	TXO Partners, L.P. Energy	Added	19,335	+2,374	$264,309	+24.7%	0.38%
PK	Park Hotels & Resorts Inc. Real Estate	Reduced	16,668	-2,924	$257,020	−7.9%	0.37%
EPR	Epr Properties Real Estate	Added	4,547	+485	$255,223	+8.3%	0.37%
GLP	Global Partners LP Energy	Added	5,465	+1,055	$253,029	+23.2%	0.36%
KNTK	Kinetik Holdings Inc. Energy	Added	5,040	+467	$253,008	+14.5%	0.36%
HST	Host Hotels & Resorts, Inc. Real Estate	Added	11,285	+187	$252,671	−4.0%	0.36%
ET	Energy Transfer LP Energy	Added	12,766	+1,900	$252,383	+21.5%	0.36%
GRMN	Garmin Ltd Technology	NEW	870	NEW	$249,550	NEW	0.36%
GOOD	Gladstone Commercial Corp Real Estate	Added	19,618	+2,472	$247,775	+17.5%	0.36%
TU	Telus Corp Communication Services	Added	29,526	+7,358	$247,723	+5.7%	0.36%
BSM	Black Stone Minerals, L.P. Energy	Added	17,184	+1,724	$246,074	+13.9%	0.35%
DKL	Delek Logistics Partners, LP Energy	Added	4,624	+379	$246,043	+12.5%	0.35%
CQP	Cheniere Energy Partners, L.P. Energy	Added	4,028	+646	$245,144	+18.9%	0.35%

Showing the top 50 of 77 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.