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Institutional Investment Manager
Arrow Investment Advisors, LLC
Arrow Investment Advisors, LLC (CIK: 0001378410), located at 6100 Chevy Chase Dr, Laurel, MD. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Original 13F HR (0001085146-15-001201) filed in 2015.05.14
#
Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD INDEX FDS 506,807 53,018 9.73%
2 ISHARES COHEN & STEERS REIT ETF 434,146 43,905 8.06%
3 SELECT SECTOR SPDR TR 516,322 37,433 6.87%
4 ISHARES 7-10 YEAR TREASURY BOND ETF 306,222 33,191 6.09%
5 VANGUARD BD INDEX FDS 403,596 32,498 5.96%
6 VANGUARD INDEX FDS 285,375 30,826 5.66%
7 SELECT SECTOR SPDR TR 626,342 25,955 4.76%
8 SELECT SECTOR SPDR TR 498,752 24,309 4.46%
9 POWERSHARES ETF TRUST 1,812,141 24,283 4.46%
10 SPDR DOW JONES REIT ETF 252,792 23,907 4.39%
11 ISHARES TR 300,264 23,817 4.37%
12 WISDOMTREE TR 317,837 23,644 4.34%
13 FIRST TR LRGE CP CORE ALPHA 499,194 23,262 4.27%
14 ISHARES TR 123,403 19,044 3.49%
15 ISHARES TR 124,762 17,989 3.30%
16 ISHARES TR 168,240 17,658 3.24%
17 ISHARES TR 180,429 8,020 1.47%
18 ISHARES MSCI TAIWAN ETF 488,568 7,690 1.41%
19 ISHARES INC 450,145 7,603 1.39%
20 ISHARES 343,373 7,530 1.38%
21 ISHARES INC 110,105 7,379 1.35%
22 ALON USA PARTNERS LP 118,191 2,162 0.40%
23 CVR PARTNERS LP 160,087 2,105 0.39%
24 MARTIN MIDSTREAM PRTNRS L P 51,656 1,831 0.34%
25 CVR REFNG LP 85,425 1,772 0.33%
26 CAPITAL PRODUCT PARTNERS L P 185,988 1,767 0.32%
27 CHESAPEAKE GRANITE WASH TR COM 274,029 1,759 0.32%
28 EXTERRAN PARTNERS LP 66,688 1,662 0.30%
29 NORTHERN TIER ENERGY LP COM UN REPR PART 64,796 1,642 0.30%
30 STONEMOR PARTNERS L P 56,864 1,638 0.30%
31 MEMORIAL PRODTN PARTNERS LP 98,994 1,605 0.29%
32 RR DONNELLEY & SONS CO 83,111 1,595 0.29%
33 CALUMET SPECIALTY PRODS PTNR 65,729 1,581 0.29%
34 SANDRIDGE PERMIAN TR 220,887 1,571 0.29%
35 NUSTAR ENERGY LP 25,662 1,558 0.29%
36 FERRELLGAS PARTNERS L.P. UNIT LTD PART 62,142 1,515 0.28%
37 NAVIOS MARITIME PARTNERS L P 132,754 1,479 0.27%
38 HOSPITALITY PPTYS TR 44,055 1,453 0.27%
39 SUBURBAN PROPANE PARTNERS LP COM USD1 33,723 1,449 0.27%
40 GLOBAL PARTNERS LP 41,170 1,433 0.26%
41 FRANKLIN STREET PPTY CP 111,811 1,433 0.26%
42 LINN ENERGY LLC UNIT LTD LIAB 129,042 1,427 0.26%
43 SENIOR HOUSING PROPERTIES TRUST 62,746 1,392 0.26%
44 DIGITAL RLTY TR INC 20,988 1,384 0.25%
45 WHITING USA TR II 242,977 1,322 0.24%
46 MID CON ENERGY PARTNERS LP COM UNIT REPST 233,644 1,299 0.24%
47 LRR ENERGY LP 203,082 1,294 0.24%
48 LINN CO LLC 128,254 1,227 0.23%
49 LUMEN TECHNOLOGIES INC 34,792 1,202 0.22%
50 VANGUARD NAT RES LLC COM UNIT 85,383 1,194 0.22%
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