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 (2016Q3)
Portfolio Summary: 345 holdings with a total value of $393,269,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINL CORP 1,382,249 45,379,000 11.54%
2 ISHARES TR 382,586 14,328,000 3.64%
3 APPLE INC 98,266 11,108,000 2.82%
4 AMAZON COM INC 12,153 10,176,000 2.59%
5 ALPHABET INC 10,372 8,339,000 2.12%
6 MICROSOFT CORP 142,368 8,200,000 2.09%
7 VISA INC 98,668 8,160,000 2.07%
8 ISHARES TR 71,305 8,016,000 2.04%
9 SPDR S&P 500 ETF TR 36,972 7,998,000 2.03%
10 JOHNSON & JOHNSON 63,121 7,457,000 1.90%
11 FACEBOOK INC 55,156 7,076,000 1.80%
12 GENERAL ELECTRIC CO 232,984 6,900,000 1.75%
13 EXXON MOBIL CORP 73,462 6,412,000 1.63%
14 JPMORGAN CHASE & CO 86,139 5,736,000 1.46%
15 PEPSICO INC 52,008 5,657,000 1.44%
16 PFIZER INC 155,922 5,281,000 1.34%
17 BERKSHIRE HATHAWAY INC DEL 36,319 5,246,000 1.33%
18 PROCTER AND GAMBLE CO 56,620 5,082,000 1.29%
19 MERCK & CO INC 75,292 4,699,000 1.19%
20 AMGEN INC 27,894 4,654,000 1.18%
21 DISNEY WALT CO 48,964 4,547,000 1.16%
22 CHEVRON CORP NEW 42,204 4,344,000 1.10%
23 WELLS FARGO & CO NEW 93,874 4,157,000 1.06%
24 ISHARES TR NEW YORK MUN ETF 36,294 4,138,000 1.05%
25 ALPHABET INC 5,090 3,956,000 1.01%
26 SALESFORCE COM INC 54,573 3,893,000 0.99%
27 INTERNATIONAL BUSINESS MACHS 23,108 3,671,000 0.93%
28 CVS HEALTH CORP 38,944 3,465,000 0.88%
29 MORGAN STANLEY 107,529 3,448,000 0.88%
30 NETFLIX INC 34,228 3,373,000 0.86%
31 MASCO CORP 98,072 3,365,000 0.86%
32 HONEYWELL INTL INC 27,033 3,152,000 0.80%
33 UNDER ARMOUR INC 80,991 3,133,000 0.80%
34 GENERAL MLS INC 48,241 3,083,000 0.78%
35 GOLDMAN SACHS GROUP INC 19,073 3,076,000 0.78%
36 US BANCORP DEL 70,890 3,041,000 0.77%
37 PAYPAL HLDGS INC 73,370 3,005,000 0.76%
38 FEDEX CORP 16,695 2,916,000 0.74%
39 CELGENE CORP 26,445 2,764,000 0.70%
40 INTERNATIONAL FLAVORS&FRAGRA 19,292 2,759,000 0.70%
41 BRISTOL MYERS SQUIBB CO 50,902 2,744,000 0.70%
42 VULCAN MATLS CO 23,694 2,695,000 0.69%
43 SOUTHWEST AIRLS CO 68,582 2,668,000 0.68%
44 BLACKROCK INC 7,256 2,630,000 0.67%
45 PHILLIPS 66 32,445 2,613,000 0.66%
46 UNION PAC CORP 26,184 2,554,000 0.65%
47 HOME DEPOT INC 19,533 2,514,000 0.64%
48 BANK AMER CORP 158,190 2,476,000 0.63%
49 INTEL CORP 65,106 2,458,000 0.63%
50 STARBUCKS CORP 44,669 2,418,000 0.61%
Page 1 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000717538-16-000347, filed 2016.10.28).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.