SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: ARROW FINANCIAL CORP
Filing Type: Form 13F Information Table (Quarterly Holdings Report)
Reporting Period: The filing metadata indicates a date of June 30, 2026. However, the document text contains no explicit confirmation of the specific quarter or year within the narrative, relying solely on the provided metadata for the period.
Key Financial Metrics and Portfolio Composition
This filing discloses the equity and mutual fund holdings of Arrow Financial Corp as of the reporting date. It does not contain the company's own revenue, profit, cash flow, or debt metrics. The following portfolio metrics are derived from the disclosed holdings:
- Total Disclosed Value: The filing lists numerous positions with individual values ranging from approximately $38,000 to over $135 million. A precise aggregate total is not explicitly stated in the text, though the sum of listed values suggests a portfolio in the billions.
- Largest Holdings by Value:
- Vanguard S&P 500 ETF: $135,676,603
- Invesco QQQ Trust Series 1: $104,980,420
- Ishares Core S&P Small-Cap ETF: $52,687,869
- Ishares Core S&P Mid-Cap ETF: $69,469,935
- Arrow Financial Corporation (Own Stock): $76,239,883
- Asset Classes: The portfolio is heavily weighted toward Equities and Exchange-Traded Funds (ETFs), including broad market indices (S&P 500, Nasdaq), sector-specific funds (Technology, Financials, Energy), and fixed-income ETFs (iBonds, Treasury Bonds).
- Voting Authority: The filer reports "Sole" voting authority for the majority of positions, with some "Shared" authority noted in specific instances.
Material Changes and Voting Authority
The filing distinguishes between holdings with "Sole" voting authority and those with "Shared" or "None" authority. Notably, the filer holds a significant position in its own stock (Arrow Financial Corporation) with 1,859,963 shares valued at $76,239,883 under sole voting authority. The table also lists "Other" (OTR) voting authority for a subset of positions, indicating shares held where the filer does not have sole or shared voting rights, often associated with derivative positions or specific fund structures.
Guidance, Outlook, and Risks
Management Commentary: Form 13F filings are statutory disclosures of holdings and do not contain management commentary, forward-looking guidance, or strategic outlooks.
Risks and Contingencies: The filing includes a standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies regarding the company's operations are disclosed in this document.
Investor Verification Checklist
- Portfolio Concentration: Verify the concentration risk in large-cap tech and broad market ETFs (e.g., Invesco QQQ, Vanguard S&P 500) which dominate the top holdings by value.
- Own Stock Position: Confirm the size of the position in Arrow Financial Corporation ($76.2M) relative to the total portfolio to assess insider confidence or liquidity needs.
- Fixed Income Exposure: Review the significant allocation to iShares iBonds and Treasury ETFs to understand the portfolio's duration and interest rate sensitivity.
- Voting Rights: Distinguish between shares held with "Sole" versus "Shared" or "Other" voting authority to understand the filer's actual control over the underlying assets.
- Reporting Date Accuracy: Cross-reference the metadata date (June 30, 2026) with the actual filing date to ensure the data reflects the most recent quarter.