Latest ARROW FINANCIAL CORP Stock Portfolio

$994Million– No. of Holdings #155

ARROW FINANCIAL CORP Performance:

2026 Q1: -1.47%YTD: -1.47%2025: 12.54%

Performance for 2026 Q1 is -1.47%, and YTD is -1.47%, and 2025 is 12.54%.

About ARROW FINANCIAL CORP and 13F Hedge Fund Stock Holdings

On 2026-05-11, the fund reported it's updated stock portfolio. In the 13F Holdings report, Arrow Financial Corp reported an equity portfolio of $994 Millions as of 31 Mar, 2026.

The top stock holdings of Arrow Financial Corp are VB, QQQ, AROW. The fund has invested 12.2% of it's portfolio in VANGUARD S&P 500 ETF and 8.1% of portfolio in INVESCO QQQ TRUST SERIES 1.

The fund managers got completely rid off PAYCHEX INC (PAYX), SPDR S&P DIVIDEND ETF (BIL) and UBER TECHNOLOGIES INC (UBER) stocks. They significantly reduced their stock positions in SPDR S&P 500 ETF TRUST (SPY), REAL ESTATE SELECT SECTOR SPDR FUND (XLB) and UNITEDHEALTH GROUP INC (UNH). Arrow Financial Corp opened new stock positions in FEDEX CORPORATION (FDX). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES 10-20 YEAR TREASURY BOND ETF (AAXJ), EATON CORP PLC (ETN) and LYONDELLBASELL INDUSTRIES NV (LYB).

ARROW FINANCIAL CORP Equity Portfolio Value

Last Reported on: 11 May, 2026

ARROW FINANCIAL CORP Annual Return Estimates Vs S&P 500

Our best estimate is that Arrow Financial Corp made a return of -1.47% in the last quarter. In trailing 12 months, it's portfolio return was 15%.

Performance
S&P 500

New Buys

Ticker	$ Bought
fedex corporation	241,490

New stocks bought by ARROW FINANCIAL CORP

Additions

Ticker	% Inc.
ishares 10-20 year treasury bond etf	109
eaton corp plc	108
lyondellbasell industries nv	44.15
j p morgan exchange traded fd equity premium	31.12
broadcom inc	28.85
tema electrification etf	24.99
palo alto networks inc	24.24
mckesson corp com	13.81

Additions to existing portfolio by ARROW FINANCIAL CORP

Reductions

Ticker	% Reduced
spdr s&p 500 etf trust	-69.61
real estate select sector spdr fund	-63.02
unitedhealth group inc	-41.12
pimco enhanced short maturity etf	-33.78
vanguard small-cap etf	-30.88
norfolk southern corp	-28.66
adobe inc	-28.08
ishares ibonds dec 2026 term corp	-26.37

ARROW FINANCIAL CORP reduced stake in above stock

Sold off

Ticker	$ Sold
uber technologies inc	-218,084
paychex inc	-251,283
spdr s&p dividend etf	-228,501

ARROW FINANCIAL CORP got rid off the above stocks

Sector Distribution

Arrow Financial Corp has about 68.9% of it's holdings in Others sector.

Others
Financial Services
Technology
Communication Services
Healthcare
Consumer Cyclical
Industrials
Consumer Defensive
Energy

Sector	%
Others	68.9
Financial Services	9.1
Technology	8
Communication Services	3.2
Healthcare	2.7
Consumer Cyclical	2.5
Industrials	2.4
Consumer Defensive	1.6
Energy	1.1

Market Cap. Distribution

Arrow Financial Corp has about 24.6% of it's portfolio invested in the large-cap and mega-cap stocks.

UNALLOCATED
MEGA-CAP
LARGE-CAP
SMALL-CAP

Category	%
UNALLOCATED	68.9
MEGA-CAP	17
LARGE-CAP	7.6
SMALL-CAP	6.5

Stocks belong to which Index?

About 30.8% of the stocks held by Arrow Financial Corp either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	69.2
S&P 500	24.3
RUSSELL 2000	6.5

Top 5 Winners (%)		%
LYB	lyondellbasell industries nv	64.4 %
TER	teradyne inc	52.1 %
XOM	exxon mobil corp	39.5 %
COP	conocophillips	39.4 %
XLB	energy select sector spdr fund	37.0 %

Top 5 Winners ($)		$
AROW	arrow financial corporation	4.1 M
	tema electrification etf	2.2 M
IJR	ishares core s&p small-cap etf	1.5 M
XOM	exxon mobil corp	1.4 M
IJR	ishares core s&p mid-cap etf	1.3 M

Top 5 Losers (%)		%
INTU	intuit inc	-34.3 %
SNOW	snowflake inc cl a	-31.0 %
CRM	salesforce inc	-28.4 %
ADBE	adobe inc	-26.3 %
ORCL	oracle corporation	-24.1 %

Top 5 Losers ($)		$
VB	vanguard s&p 500 etf	-5.9 M
QQQ	invesco qqq trust series 1	-5.2 M
MSFT	microsoft corp	-4.0 M
ORCL	oracle corporation	-1.5 M
GOOG	alphabet inc cl a	-1.4 M

ARROW FINANCIAL CORP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ARROW FINANCIAL CORP

Arrow Financial Corp has 155 stocks in it's portfolio. About 53.9% of the portfolio is in top 10 stocks. VB proved to be the most loss making stock for the portfolio. AROW was the most profitable stock for Arrow Financial Corp last quarter.

Last Reported on: 11 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.77	69,186	17,558,700	reduced	-3.02

AAXJ	ishares 10-20 year treasury bond etf	0.92	90,264	9,091,470	added	109

AAXJ	ishares new york muni bond etf	0.46	86,120	4,574,690	reduced	-2.66

AAXJ	ishares national muni bond etf	0.11	10,370	1,100,780	added	2.04

ABBV	abbvie inc	0.13	5,899	1,282,970	reduced	-4.38

ABT	abbott labs	0.19	18,555	1,905,040	added	4.6

ADBE	adobe inc	0.10	4,305	1,046,460	reduced	-28.08

ADP	automatic data processing inc	0.07	3,429	696,704	reduced	-1.8

AEP	american elec pwr inc	0.10	7,931	1,039,600	reduced	-7.73

AGT	ishares core msci dev mkts etf	4.69	558,240	46,652,200	added	2.19

AGT	ishares ibonds dec 2026 term corp	1.04	425,552	10,315,400	reduced	-26.37

AGT	ishares esg aware 1-5 year usd etf	0.09	34,545	865,870	unchanged	0.00

AMAT	applied materials inc	0.06	1,685	575,916	unchanged	0.00

AMGN	amgen inc	0.31	8,737	3,074,110	reduced	-3.63

AMZN	amazon.com inc	0.82	39,040	8,130,860	added	0.58

APH	amphenol corp cl a	0.50	38,913	4,916,660	reduced	-3.42

AROW	arrow financial corporation	6.34	1,878,840	63,072,600	added	0.38

AVGO	broadcom inc	0.20	6,319	1,955,790	added	28.85

AWK	american water works co inc	0.11	8,300	1,129,550	added	6.77

AXP	american express co	0.08	2,509	758,922	reduced	-11.62