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Portfolio (Quarterly) Guide ↗

Arrow Financial Corp

· CIK 0000717538
13F Portfolio $994M AUM 278 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 1 New 44 Added 83 Reduced 3 Exited
Page 2 of 5  ·  83 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 TJX TJX COS INC Consumer Cyclical 20,562.0 $3.3M 0.33% -656.0 -3.1% $159.70 +2.6%
22 GOOG ALPHABET INC CL C Communication Services 10,778.0 $3.1M 0.31% -853.0 -7.3% $286.86 +28.1%
23 AMGN AMGEN INC Healthcare 8,737.0 $3.1M 0.31% -329.0 -3.6% $351.85 -4.1%
24 BAC BANK OF AMERICA CORP Financial Services 62,841.0 $3.1M 0.31% -2K -3.5% $48.75 +15.3%
25 NFLX NETFLIX INC Communication Services 27,620.0 $2.7M 0.27% -3K -9.0% $96.15 -19.5%
26 PG PROCTER & GAMBLE CO Consumer Defensive 18,193.0 $2.6M 0.26% -1K -6.3% $144.44 +4.1%
27 KO COCA COLA CO Consumer Defensive 32,884.0 $2.5M 0.25% -2K -5.3% $76.05 +4.4%
28 MS MORGAN STANLEY Financial Services 15,188.0 $2.5M 0.25% -1K -6.7% $164.57 +35.6%
29 SYK STRYKER CORPORATION Healthcare 7,571.0 $2.5M 0.25% -351.0 -4.4% $328.59 -6.3%
30 TMO THERMO FISHER SCIENTIFIC INC Healthcare 4,940.0 $2.4M 0.24% -183.0 -3.6% $491.53 -5.5%
31 PWR QUANTA SERVICES INC Industrials 4,247.0 $2.3M 0.23% -193.0 -4.3% $549.02 +27.9%
32 WMB WILLIAMS COS INC Energy 31,387.0 $2.3M 0.23% -2K -5.4% $72.78 +0.5%
33 TRV TRAVELERS COMPANIES INC Financial Services 7,798.0 $2.3M 0.23% -347.0 -4.3% $291.68 +5.5%
34 GD GENERAL DYNAMICS CORP Industrials 6,382.0 $2.2M 0.22% -312.0 -4.7% $343.22 +2.0%
35 UNP UNION PAC CORP Industrials 8,445.0 $2.0M 0.21% -367.0 -4.2% $242.62 +5.9%
36 CMI CUMMINS INC Industrials 3,740.0 $2.0M 0.20% -528.0 -12.4% $538.02 +33.2%
37 COP CONOCOPHILLIPS Energy 13,535.0 $1.8M 0.18% -1K -8.1% $132.00 -18.4%
38 TER TERADYNE INC Technology 5,673.0 $1.7M 0.17% -241.0 -4.1% $296.46 +47.7%
39 CVX CHEVRON CORPORATION Energy 7,383.0 $1.5M 0.15% -560.0 -7.0% $206.90 -16.1%
40 XLB MATERIALS SELECT SECTOR SPDR FUND 30,130.0 $1.5M 0.15% -824.0 -2.7% $49.97 +3.7%
Page 2 of 5  ·  83 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 44.9%
Technology 20.1%
Communication Services 8.1%
Healthcare 6.7%
Consumer Cyclical 6.1%
Industrials 5.8%
Consumer Defensive 3.9%
Energy 2.6%
Utilities 1.3%
Basic Materials 0.5%