ARROW FINANCIAL CORP Q4 2016 Filing

Filed February 14, 2017

Portfolio Value

$403.3B

Holdings

346

Report Date

Q4 2016

Filing Type

13F-HR

All Holdings (346 positions)

#StockSharesValue% PortfolioType
1
AROWARROW FINANCIAL CORPORATION
1,365,575$55.3B13.71%
2
EEMISHARES MSCI EMERGING MKT ETF
400,264$14.0B3.47%
3
AAPLAPPLE INC
96,848$11.2B2.78%
4
MSFTMICROSOFT CORP
141,372$8.8B2.18%
5
AMZNAMAZON.COM INC
11,625$8.7B2.16%
6
AGGISHARES CORE U.S. AGGREGATE BO
77,521$8.4B2.08%
7
SPYSPDR S&P 500 ETF TRUST
36,957$8.3B2.05%
8
GOOGLALPHABET INC CL A
10,209$8.1B2.01%
9
VVISA INC CL A
98,047$7.7B1.90%
10
JPMJP MORGAN CHASE & CO
84,940$7.3B1.82%
11
GEGENERAL ELECTRIC CORP
226,720$7.2B1.78%
12
JNJJOHNSON & JOHNSON
61,917$7.1B1.77%
13
XOMEXXONMOBIL CORP
73,199$6.6B1.64%
14
METAFACEBOOK INC-A
55,528$6.4B1.58%
15
BRK/BBERKSHIRE HATHAWAY INC-CL B
36,010$5.9B1.45%
16
PEPPEPSICO INC
51,682$5.4B1.34%
17
DISDISNEY WALT CO NEW
48,324$5.0B1.25%
18
PFEPFIZER INC
154,027$5.0B1.24%
19
CVXCHEVRON CORPORATION
40,762$4.8B1.19%
20
PGPROCTER & GAMBLE CO
56,104$4.7B1.17%
21
GSGOLDMAN SACHS GROUP INC
19,204$4.6B1.14%
22
MRKMERCK & CO INC
75,069$4.4B1.10%
23
WFCWELLS FARGO & CO
73,436$4.0B1.00%
24
AMGNAMGEN INC
27,430$4.0B0.99%
25
NYFISHARES NEW YORK MUNI BOND ETF
35,397$3.9B0.96%
26
IBMINTL. BUSINESS MACHINES CORP
22,940$3.8B0.94%
27
USBUS BANCORP NEW
72,180$3.7B0.92%
28
GOOGALPHABET INC CL C
4,790$3.7B0.92%
29
CRMSALESFORCE.COM
53,808$3.7B0.91%
30
DWDMORGAN STANLEY
87,118$3.7B0.91%
31
NFLXNETFLIX INC
29,063$3.6B0.89%
32
LUVSOUTHWEST AIRLINES CO
67,726$3.4B0.84%
33
HONHONEYWELL INTERNATIONAL INC
26,764$3.1B0.77%
34
MASMASCO CORP
97,984$3.1B0.77%
35
FDXFEDEX CORPORATION
16,630$3.1B0.77%
36
GISGENERAL MLS INC
48,391$3.0B0.74%
37
BMYBRISTOL MYERS SQUIBB CO
50,758$3.0B0.74%
38
CELGCELGENE CORP
25,396$2.9B0.73%
39
PYPLPAYPAL HOLDINGS INC
74,082$2.9B0.72%
40
BLKCHFBLACKROCK INC CL A
7,429$2.8B0.70%
41
PSXPHILLIPS 66
32,665$2.8B0.70%
42
BACBANK OF AMERICA CORP
122,739$2.7B0.67%
43
UNPUNION PAC CORP
25,730$2.7B0.66%
44
VMCVULCAN MATERIALS CO
21,000$2.6B0.65%
45
HDHOME DEPOT INC
19,475$2.6B0.65%
46
UNHUNITEDHEALTH GROUP INC
16,075$2.6B0.64%
47
SBUXSTARBUCKS CORP
45,666$2.5B0.63%
48
CVSCVS HEALTH CORP
31,820$2.5B0.62%
49
UTXZUNITED TECHNOLOGIES CORP
22,446$2.5B0.61%
50
COSTCOSTCO WHOLESALE CORP
14,784$2.4B0.59%
51
UAAUNDER ARMOUR INC-CLASS A
80,754$2.3B0.58%
52
COFCAPITAL ONE FINANCIAL CORP
26,395$2.3B0.57%
53
INTCINTEL CORP
63,036$2.3B0.57%
54
DKSDICK'S SPORTING GOODS INC
42,697$2.3B0.56%
55
ORCLORACLE CORPORATION
57,798$2.2B0.55%
56
ICEINTERCONTINENTAL EXCHANGE GROU
36,825$2.1B0.51%
57
TSLATESLA MOTORS INC
9,698$2.1B0.51%
58
IFFINTERNATIONAL FLAVORS & FRAGRA
17,555$2.1B0.51%
59
CMICUMMINS INC
14,901$2.0B0.51%
60
GILDGILEAD SCIENCES INC
28,164$2.0B0.50%
61
COPCONOCOPHILLIPS
39,886$2.0B0.50%
62
DPZDOMINOS PIZZA INC
12,500$2.0B0.49%
63
TWXCHFTIME WARNER INC
20,478$2.0B0.49%
64
IGSBISHARES BARCLAYS 1-3 YEAR CR E
18,375$1.9B0.48%
65
BACVERIZON COMMUNICATIONS
35,804$1.9B0.47%
66
XLKTECHNOLOGY SELECT SECT SPDR
39,491$1.9B0.47%
67
WMTWAL MART STORES INC
27,500$1.9B0.47%
68
NEENEXTERA ENERGY INC
15,833$1.9B0.47%
69
SLBSCHLUMBERGER LTD
22,007$1.8B0.46%
70
MMM3M CO
10,106$1.8B0.45%
71
SYKSTRYKER CORPORATION
14,915$1.8B0.44%
72
CHKPCHECK POINT SOFTWARE TECH LTD
20,859$1.8B0.44%
73
KOCOCA COLA CO
42,467$1.8B0.44%
74
KRKROGER CO
50,100$1.7B0.43%
75
BIIBBIOGEN INC
6,090$1.7B0.43%
76
UPSUNITED PARCEL SERVICE CL B
13,957$1.6B0.40%
77
ABGAMERISOURCEBERGEN CORP
20,220$1.6B0.39%
78
9990302DAPACHE CORP
24,390$1.5B0.38%
79
CERNCHFCERNER CORP
31,189$1.5B0.37%
80
BKRBAKER HUGHES INC
22,624$1.5B0.36%
81
EOGEOG RES INC
13,348$1.4B0.33%
82
AIGAMERICAN INTERNATIONAL GROUP
20,155$1.3B0.33%
83
BKNGPRICELINE GROUP INC
865$1.3B0.31%
84
XLVHEALTH CARE SELECT SECTOR SPDR
18,327$1.3B0.31%
85
BBTUSDBB&T CORPORATION
26,265$1.2B0.31%
86
XLFFINANCIAL SELECT SECTOR SPDR
52,691$1.2B0.30%
87
XLYCONSUMER DISCRETIONARY SELT
14,966$1.2B0.30%
88
TJXTJX COS INC
15,196$1.1B0.28%
89
MCDMCDONALDS CORP
9,368$1.1B0.28%
90
UAUNDER ARMOUR INC CL C
43,410$1.1B0.27%
91
TAT&T INC
25,200$1.1B0.27%
92
ECLECOLAB INC
8,954$1.1B0.26%
93
MARMARRIOTT INTERNATIONAL INC
12,526$1.0B0.26%
94
ATVIEURACTIVISION BLIZZARD INC
27,550$995.0M0.25%
95
AXPAMERICAN EXPRESS CO
13,363$990.0M0.25%
96
XLBMATERIALS SELECT SPDR FUND
19,882$989.0M0.25%
97
CLCOLGATE PALMOLIVE CO
14,090$922.0M0.23%
98
4I1PHILIP MORRIS INTERNATIONAL
9,619$880.0M0.22%
99
IJRISHARES S&P SMALLCAP 600
6,347$873.0M0.22%
100
SHYISHARES BARCLAYS 1-3 YEAR TR E
10,114$854.0M0.21%
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