Dark
Light
System
Institutional Investment Manager
ARROW FINANCIAL CORP
ARROW FINANCIAL CORP (CIK: 0000717538) incorporated in New York, registered under National Commercial Banks, located at 250 Glen St, Glens Falls, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Original 13F HR (0000717538-16-000246) filed in 2016.05.04
#
Name
Shares
Value ($)
%
Options
Notes
701 US BANCORP DEL 32,300 1,311 0.35%
702 BRISTOL MYERS SQUIBB CO 32,447 2,073 0.55%
703 JOHNSON & JOHNSON 32,475 3,514 0.93%
704 CERNER CORP 32,500 1,721 0.46%
705 COCA COLA CO 32,633 1,514 0.40%
706 US BANCORP DEL 33,145 1,345 0.36%
707 PROCTER AND GAMBLE CO 33,355 2,745 0.73%
708 CITIGROUPINC 35,000 1,461 0.39%
709 VISA INC 35,763 2,735 0.73%
710 PAYPAL HLDGS INC 35,855 1,384 0.37%
711 SALESFORCE COM INC 36,000 2,658 0.71%
712 EXXON MOBIL CORP 37,722 3,153 0.84%
713 MERCK & CO INC 38,536 2,039 0.54%
714 SPDR S&P 500 ETF TR 39,448 8,107 2.15%
715 SOUTHWEST AIRLS CO 40,000 1,792 0.48%
716 FACEBOOK INC 40,000 4,564 1.21%
717 MASCO CORP 42,619 1,340 0.36%
718 WELLS FARGO & CO NEW 45,000 2,176 0.58%
719 JPMORGAN CHASE & CO 45,200 2,677 0.71%
720 UNDER ARMOUR INC 45,500 3,860 1.02%
721 ORACLE CORP 46,451 1,900 0.50%
722 GENERAL ELECTRIC CO 47,113 1,498 0.40%
723 MORGAN STANLEY 47,552 1,189 0.32%
724 APPLE INC 48,000 5,232 1.39%
725 GENERAL ELECTRIC CO 50,000 1,590 0.42%
726 BB&T CORP 50,000 1,664 0.44%
727 MICROSOFT CORP 50,000 2,762 0.73%
728 APPLE INC 51,770 5,642 1.50%
729 PFIZER INC 52,000 1,541 0.41%
730 MASCO CORP 55,000 1,730 0.46%
731 WELLS FARGO & CO NEW 58,395 2,824 0.75%
732 INTEL CORP 59,330 1,919 0.51%
733 VISA INC 60,000 4,589 1.22%
734 MORGAN STANLEY 60,000 1,501 0.40%
735 ISHARES TR 61,883 6,858 1.82%
736 MICROSOFT CORP 72,495 4,004 1.06%
737 TWITTER INC 80,903 1,339 0.36%
738 BANK AMER CORP 82,584 1,117 0.30%
739 PFIZER INC 86,020 2,550 0.68%
740 BANK AMER CORP 125,385 1,695 0.45%
741 GENERAL ELECTRIC CO 134,027 4,261 1.13%
742 ARROW FINL CORP 1,327,238 35,265 9.36%
Page 15 of 15