Arrow Financial Corp

CIK

717538

Location

Glens Falls, NY

Portfolio Value

Small $386,062,555

Diversification

Diversified

Filing Date

Global Rank

#3,007 / 8,605 ▼ 38 · as of Mar 2026

Top Industry

Banks - Regional 20.8%

3Y Alpha vs SPY

+1.5%

Period ended 3 months ago

Filed May 11, 2026 · 59d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+82.7%

SPY

+76.5%

Annualised alpha

+1.4%

Max drawdown

−19.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

104 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

20.8%

−0.2 pts

Top 5

50.2%

+1.1 pts

Top 10

60.1%

+0.0 pts

HHI

808

Diversified+40

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	25.0%	$96,390,105	14
Unclassified	21.4%	$82,543,088	3
Technology	20.4%	$78,780,692	19
Communication Services	7.3%	$28,261,055	7
Healthcare	6.7%	$26,031,836	15
Consumer Cyclical	6.2%	$23,880,573	9
Industrials	6.0%	$23,334,956	18
Consumer Defensive	3.9%	$15,192,299	8
Energy	1.5%	$5,598,507	3
Utilities	1.1%	$4,283,903	5
Basic Materials	0.5%	$1,765,541	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AROW	Arrow Financial Corp	+7,104	1,878,839	$63,072,625
PANW	Palo Alto Networks Inc	+3,028	15,518	$2,487,845
LYB	LyondellBasell Industries N.V.	+2,441	7,970	$642,063
DIS	Walt Disney Co	+2,349	27,533	$2,653,630
MRVL	Marvell Technology, Inc.	+2,026	28,485	$2,821,438
CRM	Salesforce, Inc.	+1,852	17,398	$3,247,684
ORCL	Oracle Corp	+1,533	31,309	$4,605,866
AVGO	Broadcom Inc.	+1,415	6,319	$1,955,793
MSFT	Microsoft Corp	+1,395	35,720	$13,222,471
ETN	Eaton Corp plc	+1,372	2,636	$942,817
TMUS	T-Mobile US, Inc.	+897	11,708	$2,459,030
ABT	Abbott Laboratories	+816	18,555	$1,905,041
ICE	Intercontinental Exchange, Inc.	+696	20,186	$3,174,853
AWK	American Water Works Company, Inc.	+526	8,300	$1,129,546
CSCO	Cisco Systems, Inc.	+473	47,435	$3,680,481
META	Meta Platforms, Inc.	+288	8,006	$4,580,472
SO	Southern Co	+237	6,954	$671,200
AMZN	Amazon Com Inc	+226	39,040	$8,130,859
V	Visa Inc.	+149	13,714	$4,144,919
MCK	Mckesson Corp	+137	1,129	$976,991
HD	Home Depot, Inc.	+122	14,809	$4,870,531
MA	Mastercard Inc	+82	3,520	$1,758,802
DHR	Danaher Corp /De/	+77	8,466	$1,605,153
LOW	Lowes Companies Inc	+51	4,817	$1,138,160
MCD	Mcdonalds Corp	+29	9,480	$2,946,288
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−5,128	2,239	$1,456,111
IR	Ingersoll Rand Inc.	−3,694	10,766	$862,571
WMT	Walmart Inc.	−3,169	28,946	$3,597,408
NFLX	Netflix Inc	−2,730	27,620	$2,655,663
NVDA	Nvidia Corp	−2,308	99,976	$17,435,814
BAC	Bank Of America Corp /De/	−2,260	62,841	$3,063,498
AAPL	Apple Inc.	−2,154	69,186	$17,558,714
GOOGL	Alphabet Inc.	−2,031	52,943	$15,224,289
VZ	Verizon Communications Inc	−1,869	8,990	$451,297
KO	Coca Cola Co	−1,832	32,884	$2,500,827
WMB	Williams Companies, Inc.	−1,805	31,387	$2,284,345
ADBE	Adobe Inc.	−1,681	4,305	$1,046,459
APH	Amphenol Corp /De/	−1,380	38,913	$4,916,656
UNH	Unitedhealth Group Inc	−1,327	1,900	$514,120
PG	PROCTER & GAMBLE Co	−1,226	18,193	$2,627,796
COP	Conocophillips	−1,190	13,535	$1,786,620
MS	Morgan Stanley	−1,082	15,188	$2,499,488
JPM	Jpmorgan Chase & Co	−1,008	24,407	$7,179,562
JNJ	Johnson & Johnson	−942	19,080	$4,663,915
BMY	Bristol Myers Squibb Co	−920	4,331	$262,674
CAT	Caterpillar Inc	−910	5,919	$4,193,373
PEP	Pepsico Inc	−860	9,035	$1,403,044
AEP	American Electric Power Co Inc	−664	7,931	$1,039,595
D	Dominion Energy, Inc	−660	13,076	$808,357
TJX	Tjx Companies Inc /De/	−656	20,562	$3,283,751
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
FDX	Fedex Corp	678	$194,593
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
PAYX	Paychex Inc	2,240	$251,282
UBER	Uber Technologies, Inc	2,669	$218,083
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 positions · $386,062,555 total · as of Mar 31, 2026

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

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Added	139,402	+15	$80,460,045	−6.0%	20.84%
AROW	Arrow Financial Corp Financial Services	Added	1,878,839	+7,104	$63,072,625	+7.3%	16.34%
AAPL	Apple Inc. Technology	Reduced	69,186	-2,154	$17,558,714	−9.5%	4.55%
NVDA	Nvidia Corp Technology	Reduced	99,976	-2,308	$17,435,814	−8.6%	4.52%
GOOGL	Alphabet Inc. Communication Services	Reduced	52,943	-2,031	$15,224,289	−11.5%	3.94%
MSFT	Microsoft Corp Technology	Added	35,720	+1,395	$13,222,471	−20.3%	3.42%
AMZN	Amazon Com Inc Consumer Cyclical	Added	39,040	+226	$8,130,859	−9.2%	2.11%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	24,407	-1,008	$7,179,562	−12.3%	1.86%
APH	Amphenol Corp /De/ Technology	Reduced	38,913	-1,380	$4,916,656	−9.7%	1.27%
HD	Home Depot, Inc. Consumer Cyclical	Added	14,809	+122	$4,870,531	−3.6%	1.26%
JNJ	Johnson & Johnson Healthcare	Reduced	19,080	-942	$4,663,915	+12.6%	1.21%
ORCL	Oracle Corp Technology	Added	31,309	+1,533	$4,605,866	−20.6%	1.19%
META	Meta Platforms, Inc. Communication Services	Added	8,006	+288	$4,580,472	−10.1%	1.19%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	9,113	-340	$4,366,949	−8.1%	1.13%
LLY	ELI LILLY & Co Healthcare	Reduced	4,681	-262	$4,305,442	−19.0%	1.12%
CAT	Caterpillar Inc Industrials	Reduced	5,919	-910	$4,193,373	+7.2%	1.09%
V	Visa Inc. Financial Services	Added	13,714	+149	$4,144,919	−12.9%	1.07%
CSCO	Cisco Systems, Inc. Technology	Added	47,435	+473	$3,680,481	+1.7%	0.95%
WMT	Walmart Inc. Consumer Defensive	Reduced	28,946	-3,169	$3,597,408	+0.5%	0.93%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	3,434	-119	$3,421,739	+11.7%	0.89%
BLK	BlackRock, Inc. Financial Services	Reduced	3,417	-121	$3,286,162	−13.2%	0.85%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	20,562	-656	$3,283,751	+0.8%	0.85%
CRM	Salesforce, Inc. Technology	Added	17,398	+1,852	$3,247,684	−21.1%	0.84%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	20,186	+696	$3,174,853	+0.6%	0.82%
AMGN	Amgen Inc Healthcare	Reduced	8,737	-329	$3,074,112	+3.6%	0.80%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	62,841	-2,260	$3,063,498	−14.4%	0.79%
MCD	Mcdonalds Corp Consumer Cyclical	Added	9,480	+29	$2,946,288	+2.0%	0.76%
MRVL	Marvell Technology, Inc. Technology	Added	28,485	+2,026	$2,821,438	+25.5%	0.73%
NFLX	Netflix Inc Communication Services	Reduced	27,620	-2,730	$2,655,663	−6.7%	0.69%
DIS	Walt Disney Co Communication Services	Added	27,533	+2,349	$2,653,630	−7.4%	0.69%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	18,193	-1,226	$2,627,796	−5.6%	0.68%
KO	Coca Cola Co Consumer Defensive	Reduced	32,884	-1,832	$2,500,827	+3.0%	0.65%
MS	Morgan Stanley Financial Services	Reduced	15,188	-1,082	$2,499,488	−13.5%	0.65%
PANW	Palo Alto Networks Inc Technology	Added	15,518	+3,028	$2,487,845	+8.1%	0.64%
SYK	Stryker Corp Healthcare	Reduced	7,571	-351	$2,487,754	−10.7%	0.64%
TMUS	T-Mobile US, Inc. Communication Services	Added	11,708	+897	$2,459,030	+12.0%	0.64%
HON	Honeywell International Inc Industrials	Added	10,307	+22	$2,443,304	+16.1%	0.63%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	4,940	-183	$2,428,157	−18.2%	0.63%
PWR	Quanta Services, Inc. Industrials	Reduced	4,247	-193	$2,331,687	+24.4%	0.60%
WMB	Williams Companies, Inc. Energy	Reduced	31,387	-1,805	$2,284,345	+14.5%	0.59%
TRV	Travelers Companies, Inc. Financial Services	Reduced	7,798	-347	$2,274,520	−3.7%	0.59%
GD	General Dynamics Corp Industrials	Reduced	6,382	-312	$2,190,430	−2.8%	0.57%
UNP	Union Pacific Corp Industrials	Reduced	8,445	-367	$2,048,925	+0.5%	0.53%
CMI	Cummins Inc Industrials	Reduced	3,740	-528	$2,012,193	−7.6%	0.52%
AVGO	Broadcom Inc. Technology	Added	6,319	+1,415	$1,955,793	+15.2%	0.51%
ABT	Abbott Laboratories Healthcare	Added	18,555	+816	$1,905,041	−14.3%	0.49%
COP	Conocophillips Energy	Reduced	13,535	-1,190	$1,786,620	+29.6%	0.46%
MA	Mastercard Inc Financial Services	Added	3,520	+82	$1,758,802	−10.4%	0.46%
TER	Teradyne, Inc Technology	Reduced	5,673	-241	$1,681,816	+46.9%	0.44%
DHR	Danaher Corp /De/ Healthcare	Added	8,466	+77	$1,605,153	−16.4%	0.42%