Arrow Investment Advisors, LLC — Quarterly 13F Portfolio Report

CIK: 0001378410

Momentum followerConcentrated strategySector-focused

Total reported value

$93.9M

Reporting period: 2026-03-31 · Number of holdings: 59

Arrow Investment Advisors, LLC disclosed 59 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $93.9M and a quarterly turnover rate of 31.8%.

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Personality snowflake

Concentration: 82.69
Portfolio Stability: 31.77
Momentum/Contrarian: 100
Sector conviction: 70.43
Diversification: 100
Sizing Uniformity: 66.25

Arrow Investment Advisors, LLC's disclosed holdings carry a Herfindahl concentration index of 0.207 — mathematically equivalent to about 5 equally-sized positions, well below its 59 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 3.37), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 3% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Trim MTUM
-5.3%　-$356.5K
Trim IEV
-5.2%　-$252.0K
Trim IVW
+7.4%　-$60.3K
Trim XLI
-5.3%　-$55.1K
Trim EZU
+3.5%　$49.8K
Add MNR
+35.2%　$92.8K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	ARCM	Arrow Reserve Cap Mgmt ETF	ETF-Other	43.58%	—	—
2	VLUE	Ishares Msci USA Value Facto	ETF-Other	4.92%	+4.92%	NEW
3	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	4.85%	+4.86%	NEW
4	XLI	Ss Industrial Select Sector	ETF-Other	4.73%	-0.26%	-5.26%
5	EZU	Ishares Msci Eurozone ETF	ETF-Other	4.65%	-0.14%	+3.51%
6	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	4.44%	-0.26%	+7.42%
7	IEV	Ishares Europe ETF	ETF-Other	4.10%	-0.46%	-5.23%
8	MTUM	Ishares Msci USA Momentum Fa	ETF-Other	3.76%	-0.56%	-5.27%
9	ORO	Arrow Valtoro ETF	ETF-Other	3.09%	-0.02%	—
10	DBC	Invesco Db Commodity Index T	ETF-Commodities	1.45%	+1.45%	NEW
11	TIP	Ishares Tips Bond ETF	ETF-Other	1.37%	—	—
12	TLT	Ishares 20+ Year Treasury Bd	ETF-Gov Bonds	1.34%	—	—
13	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	1.26%	—	—
14	CWB	Ss Spdr Bb Conv Sec ETF	ETF-Other	1.18%	—	—
15	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.11%	—	—
16	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	1.04%	+1.04%	NEW
17	VTV	Vanguard Value ETF	ETF-Other	0.73%	+0.73%	NEW
18	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.73%	—	—
19	COLO	Global X Msci Colombia ETF	ETF-Other	0.59%	+0.08%	+8.34%
20	EIS	Ishares Msci Israel ETF	ETF-Other	0.56%	+0.05%	+6.92%
21	EWY	Ishares Msci South Korea ETF	ETF-Other	0.49%	+0.07%	-2.68%
22	EWS	Ishares Msci Singapore ETF	ETF-Other	0.46%	+0.03%	+9.45%
23	EPOL	Ishares Msci Poland ETF	ETF-Other	0.46%	—	+2.42%
24	EPU	Ishares Msci Peru And Global	ETF-Other	0.45%	—	-5.89%
25	EWP	Ishares Msci Spain ETF	ETF-Other	0.45%	—	+2.03%
26	EZA	Ishares Msci South Africa Et	ETF-Other	0.43%	—	+2.02%
27	EWI	Ishares Msci Italy ETF	ETF-Other	0.42%	—	+1.43%
28	GREK	Global X Msci Greece ETF	ETF-Other	0.39%	—	-1.02%
29	LB	Landbridge Co Llc-a	Stock-Other	0.27%	+0.27%	NEW
30	KNTK	Kinetik Holdings INC	Stock-Other	0.26%	+0.26%	NEW
31	HAS	Hasbro INC	Stock-Consumer Disc	0.26%	—	-9.95%
32	BCE	Bce INC	Stock-Comm Services	0.25%	—	-0.17%
33	DE	Deere & Co	Stock-Industrials	0.25%	+0.25%	NEW
34	AM	Antero Midstream CORP	Stock-Energy	0.25%	+0.25%	NEW
35	NEM	Newmont CORP	Stock-Materials	0.24%	-0.05%	-20.98%
36	MNR	Mach Natural Resources LP	Stock-Other	0.24%	+0.10%	+35.25%
37	FCX	Freeport-mcmoran INC	Stock-Materials	0.23%	+0.23%	NEW
38	KRP	Kimbell Royalty Partners LP	Stock-Other	0.23%	+0.07%	+20.05%
39	PAGP	Plains Gp Holdings Lp-cl A	Stock-Energy	0.23%	+0.23%	NEW
40	TXO	Txo Partners LP	Stock-Other	0.23%	+0.09%	+49.22%
41	PAA	Plains All Amer Pipeline LP	Stock-Energy	0.23%	+0.23%	NEW
42	GNL	Global Net Lease INC	Stock-Real Estate	0.23%	-0.04%	-19.01%
43	TX	Ternium Sa-sponsored Adr	Stock-Other	0.22%	-0.08%	-25.53%
44	CQP	Cheniere Energy Partners LP	Stock-Other	0.22%	+0.22%	NEW
45	EPD	Enterprise Products Partners	Stock-Energy	0.22%	+0.22%	NEW
46	SUN	Sunoco LP	Stock-Other	0.22%	+0.22%	NEW
47	DMLP	Dorchester Minerals LP	Stock-Other	0.22%	+0.22%	NEW
48	HESM	Hess Midstream LP - Class A	Stock-Other	0.22%	+0.22%	NEW
49	UAN	Cvr Partners LP	Stock-Other	0.22%	+0.22%	NEW
50	ARLP	Alliance Resource Partners	Stock-Other	0.22%	+0.22%	NEW

1–50 of 59

Portfolio Performance

Performance for Q3 2026

+0.3%

Performance Last 4 Quarters

+11.1%

Based on 88% of reported portfolio value with available pricing

Stdev: +6.2%
Beta: +0.43
Alpha: +1.7%
Max Drawdown: -3.8%
Annualized Perf: +9.8%
Batting Avg vs S&P: +41.7%
Sortino: +3.01
Stutzer: +0.45
Treynor: +0.22
Sterling: +0.76
Calmar: +2.61
Information Ratio: -1.11
Tracking Error: +8%
Stdev Down: +3.2%
Winning Months %: +75%
Losing Months %: +25%
Best 12 Months: +16.7%
Worst 12 Months: +4.9%
Efficiency Ratio: +0.54
Sharpe: +1.53
Stdev Sectors: +10.7%
Skewness: -0.17
Kurtosis: -0.49
Upside Potential: +4.66

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	59	$93.9M	32	1ARCM 2VLUE 3EEM Top holdings2026-03-31 1.ARCM 2.VLUE 3.EEM 4.XLI 5.EZU 6.IVW 7.IEV 8.MTUM 9.ORO 10.DBC
2025-12-31	49	$90.0M	16	1ARCM 2XLI 3EZU Top holdings2025-12-31 1.ARCM 2.XLI 3.EZU 4.IVW 5.GYLD 6.IEV 7.MTUM 8.XLF 9.ORO 10.TIP
2025-09-30	53	$90.6M	49	1ARCM 2XLI 3EZU Top holdings2025-09-30 1.ARCM 2.XLI 3.EZU 4.IVW 5.GYLD 6.MTUM 7.IEV 8.XLF 9.TLT 10.LQD
2025-06-30	56	$105.0M	0	1ARCM20427653XLI Top holdings2025-06-30 1.ARCM 2.042765 3.XLI 4.IEV 5.MTUM 6.GYLD 7.EZU 8.SHY 9.SPLV 10.XLF
2025-03-31	46	$94.5M	28	1ARCM 2IVW 3QUAL Top holdings2025-03-31 1.ARCM 2.IVW 3.QUAL 4.XLI 5.042765 6.XLK 7.XLF 8.MTUM 9.PFM 10.ICF
2024-12-31	47	$107.4M	0	1ARCM20427653QUAL Top holdings2024-12-31 1.ARCM 2.042765 3.QUAL 4.IVW 5.RPV 6.XLI 7.XLK 8.MTUM 9.PFM 10.XLF
2024-09-30	47	$107.4M	100	1ARCM20427653QUAL Top holdings2024-09-30 1.ARCM 2.042765 3.QUAL 4.IVW 5.RPV 6.XLI 7.XLK 8.MTUM 9.PFM 10.XLF
2024-06-30	47	$109.7M	0	1ARCM 2IVW 3QUAL Top holdings2024-06-30 1.ARCM 2.IVW 3.QUAL 4.042765 5.XLK 6.RPV 7.XLI 8.VOT 9.MTUM 10.SHY
2024-03-31	52	$117.1M	0	1ARCM 2QUAL 3RPV Top holdings2024-03-31 1.ARCM 2.QUAL 3.RPV 4.042765 5.XLI 6.IVW 7.XLK 8.VOT 9.XLY 10.EWJ
2023-12-31	48	$115.8M	0	1ARCM20427653RPV Top holdings2023-12-31 1.ARCM 2.042765 3.RPV 4.QUAL 5.XLI 6.XLK 7.IVW 8.XLY 9.VOT 10.EWJ
2023-09-30	48	$125.2M	0	1ARCM 2QUAL 3RPV Top holdings2023-09-30 1.ARCM 2.QUAL 3.RPV 4.IVW 5.XLI 6.042765 7.EZU 8.XLY 9.XLK 10.VOT
2023-06-30	61	$127.0M	0	1ARCM 2RPV 3XLI Top holdings2023-06-30 1.ARCM 2.RPV 3.XLI 4.QUAL 5.EZU 6.IVW 7.XLK 8.DTH 9.EFA 10.042765
2023-03-31	65	$136.8M	0	1ARCM20427653XLE Top holdings2023-03-31 1.ARCM 2.042765 3.XLE 4.EZU 5.XLI 6.DTH 7.RPV 8.IEV 9.XLB 10.042765
2022-12-31	69	$142.2M	0	1ARCM 2DBC3042765 Top holdings2022-12-31 1.ARCM 2.DBC 3.042765 4.XLE 5.DTD 6.XLP 7.XLV 8.PEY 9.DVY 10.042765
2022-09-30	63	$129.4M	0	1ARCM 2DBC 3XLE Top holdings2022-09-30 1.ARCM 2.DBC 3.XLE 4.XLU 5.DTD 6.XLP 7.042765 8.SHY 9.PEY 10.DVY
2022-06-30	66	$125.1M	0	1ARCM 2DBC 3SHY Top holdings2022-06-30 1.ARCM 2.DBC 3.SHY 4.042765 5.XLE 6.XLU 7.DTD 8.ICF 9.PEY 10.DVY
2022-03-31	78	$134.9M	0	1ARCM 2DBC3042765 Top holdings2022-03-31 1.ARCM 2.DBC 3.042765 4.SHY 5.ICF 6.XLE 7.RWR 8.XLK 9.XLF 10.DTD
2021-12-31	89	$141.1M	0	1ARCM20427653DBC Top holdings2021-12-31 1.ARCM 2.042765 3.DBC 4.042765 5.XLK 6.RWR 7.ICF 8.FYX 9.FNX 10.XLF
2021-09-30	94	$152.5M	0	1ARCM20427653DBC Top holdings2021-09-30 1.ARCM 2.042765 3.DBC 4.042765 5.TLT 6.FYX 7.XLK 8.XLF 9.FNX 10.RWR
2021-06-30	99	$161.5M	100	1ARCM20427653042765 Top holdings2021-06-30 1.ARCM 2.042765 3.042765 4.VBR 5.TLT 6.IJT 7.FYX 8.FNX 9.VOT 10.XLI
2021-03-31	58	$145.0M	52	1ARCM20427653XLK Top holdings2021-03-31 1.ARCM 2.042765 3.XLK 4.SHY 5.VBR 6.FNX 7.EEM 8.XLB 9.VOT 10.IJT
2020-12-31	60	$141.3M	27	1ARCM20427653XLK Top holdings2020-12-31 1.ARCM 2.042765 3.XLK 4.VOT 5.IVW 6.MTUM 7.EEM 8.XLB 9.QUAL 10.XLY
2020-09-30	45	$152.7M	51	1ARCM 2XLK3042765 Top holdings2020-09-30 1.ARCM 2.XLK 3.042765 4.IVW 5.VOT 6.MTUM 7.EEM 8.XLB 9.QUAL 10.XLY
2020-06-30	38	$150.3M	42	1ARCM 2XLK 3XLV Top holdings2020-06-30 1.ARCM 2.XLK 3.XLV 4.VIG 5.IVW 6.042765 7.MTUM 8.TLT 9.XLY 10.IEF
2020-03-31	24	$144.3M	94	1ARCM 2TLT 3XLK Top holdings2020-03-31 1.ARCM 2.TLT 3.XLK 4.XLV 5.VIG 6.SHY 7.IEF 8.IVW 9.MTUM 10.XLU
2019-12-31	64	$202.5M	60	1ARCM 2XLK 3XLU Top holdings2019-12-31 1.ARCM 2.XLK 3.XLU 4.QUAL 5.VIG 6.IVE 7.SPLV 8.IYR 9.EWJ 10.042765
2019-09-30	63	$213.5M	31	1ARCM 2ICF 3XLU Top holdings2019-09-30 1.ARCM 2.ICF 3.XLU 4.042765 5.XLY 6.XLK 7.SPLV 8.IYR 9.IVW 10.MTUM
2019-06-30	66	$248.2M	46	1ARCM 2ICF3042765 Top holdings2019-06-30 1.ARCM 2.ICF 3.042765 4.XLU 5.XLY 6.XLK 7.SDY 8.IVW 9.SPLV 10.QUAL
2019-03-31	72	$245.5M	74	1ARCM 2ICF 3XLU Top holdings2019-03-31 1.ARCM 2.ICF 3.XLU 4.SDY 5.XLY 6.XLV 7.042765 8.IYR 9.IVW 10.SPLV
2018-12-31	74	$258.0M	100	1ARCM 2XLV 3XLU Top holdings2018-12-31 1.ARCM 2.XLV 3.XLU 4.SDY 5.ICF 6.PFM 7.XLP 8.SPLV 9.VIG 10.QUAL
2018-09-30	77	$297.5M	14	1ARCM 2VUG 3XLK Top holdings2018-09-30 1.ARCM 2.VUG 3.XLK 4.MTUM 5.IJT 6.VOT 7.XLY 8.FNX 9.042765 10.FYX
2018-06-30	80	$306.4M	56	1ARCM 2VUG 3XLK Top holdings2018-06-30 1.ARCM 2.VUG 3.XLK 4.MTUM 5.VOT 6.IJT 7.XLY 8.FNX 9.FYX 10.042765
2018-03-31	71	$340.4M	40	1ARCM 2VUG 3MTUM Top holdings2018-03-31 1.ARCM 2.VUG 3.MTUM 4.XLK 5.EWJ 6.XLF 7.EEM 8.VLUE 9.IJT 10.XLY
2017-12-31	71	$359.2M	90	1ARCM 2VUG 3MTUM Top holdings2017-12-31 1.ARCM 2.VUG 3.MTUM 4.XLK 5.XLF 6.EEM 7.VLUE 8.EWJ 9.EZU 10.XLB
2017-09-30	69	$332.6M	39	1VUG20427653MTUM Top holdings2017-09-30 1.VUG 2.042765 3.MTUM 4.XLK 5.FEX 6.XLF 7.EZU 8.EEM 9.IEV 10.XLV
2017-06-30	70	$366.9M	100	10427652VUG 3MTUM Top holdings2017-06-30 1.042765 2.VUG 3.MTUM 4.VBK 5.FEX 6.XLK 7.XLF 8.EZU 9.XLI 10.EEM
2017-03-31	63	$296.6M	57	1VBR273935X3VOE Top holdings2017-03-31 1.VBR 2.73935X 3.VOE 4.VBK 5.ILF 6.XLF 7.78355W 8.XLI 9.XLK 10.BSV
2016-12-31	67	$380.2M	85	1HYG 2VBR373935X Top holdings2016-12-31 1.HYG 2.VBR 3.73935X 4.VOE 5.VBK 6.XLK 7.XLF 8.BSV 9.ILF 10.XLI
2016-09-30	72	$427.2M	68	1HYG 2ICF 3VBR Top holdings2016-09-30 1.HYG 2.ICF 3.VBR 4.73935X 5.BSV 6.IEF 7.XLK 8.DVY 9.ILF 10.SDY
2016-06-30	71	$460.7M	50	1HYG 2IEF 3ICF Top holdings2016-06-30 1.HYG 2.IEF 3.ICF 4.73935X 5.BSV 6.XLU 7.73937B 8.XLP 9.DVY 10.SDY
2016-03-31	76	$462.2M	72	1HYG 2IEF 3ICF Top holdings2016-03-31 1.HYG 2.IEF 3.ICF 4.BSV 5.73935X 6.XLU 7.73937B 8.XLK 9.XLP 10.IEI
2015-12-31	72	$380.7M	75	1IEF 2VUG 3ICF Top holdings2015-12-31 1.IEF 2.VUG 3.ICF 4.BSV 5.XLK 6.73935X 7.XLY 8.XLP 9.VBK 10.SHY
2015-09-30	77	$406.6M	57	1VUG 2VOT 3XLV Top holdings2015-09-30 1.VUG 2.VOT 3.XLV 4.IEF 5.BSV 6.ACWI 7.XLF 8.XLY 9.SHY 10.IEI
2015-06-30	78	$496.7M	78	1VUG 2VOT 3XLV Top holdings2015-06-30 1.VUG 2.VOT 3.XLV 4.ACWI 5.BSV 6.IEF 7.XLK 8.FNX 9.XLY 10.FEX
2015-03-31	57	$545.0M	38	1VUG 2ICF 3XLV Top holdings2015-03-31 1.VUG 2.ICF 3.XLV 4.IEF 5.BSV 6.VOT 7.XLK 8.XLP 9.73935X 10.RWR
2014-12-31	58	$523.0M	61	1VUG 2ICF 3IEF Top holdings2014-12-31 1.VUG 2.ICF 3.IEF 4.BSV 5.XLV 6.VOT 7.XLK 8.XLF 9.73935X 10.VTV
2014-09-30	59	$552.9M	65	1VOE 2VUG 3IEF Top holdings2014-09-30 1.VOE 2.VUG 3.IEF 4.BSV 5.XLV 6.XLB 7.XLK 8.VTV 9.DTD 10.FNX
2014-06-30	61	$554.0M	76	1VOE 2IEF 3BSV Top holdings2014-06-30 1.VOE 2.IEF 3.BSV 4.VBR 5.XLV 6.XLI 7.XLB 8.IEV 9.FNX 10.EZU
2014-03-31	58	$540.4M	61	1VUG 2VBK 3BSV Top holdings2014-03-31 1.VUG 2.VBK 3.BSV 4.IEF 5.XLV 6.XLY 7.XLI 8.VBR 9.EZU 10.FNX
2013-12-31	61	$521.6M	44	1VOE 2VBR 3BSV Top holdings2013-12-31 1.VOE 2.VBR 3.BSV 4.IEF 5.XLY 6.XLV 7.XLI 8.VBK 9.FNX 10.EZU
2013-09-30	58	$434.3M	23	1VOE 2VBR 3BSV Top holdings2013-09-30 1.VOE 2.VBR 3.BSV 4.IEF 5.ACWI 6.VTV 7.XLF 8.XLV 9.FNX 10.SDY
2013-06-30	58	$464.0M	—	1VOE 2VBR 3IEF Top holdings2013-06-30 1.VOE 2.VBR 3.IEF 4.BSV 5.ACWI 6.XLY 7.XLV 8.XLF 9.VTV 10.ICF

Holding changes this quarter

Arrow Investment Advisors, LLC's most significant position changes for 2026-03-31: New buy: Ishares Msci USA Value Facto (VLUE); New buy: Ishares Msci Emerging Market (EEM); Sold out: Arrow Dow Jones Global Yield (GYLD); Sold out: Ss Financial Select Sector (XLF); New buy: Invesco Db Commodity Index T (DBC).

Position changes disclosed by Arrow Investment Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	MNR	Mach Natural Resources LP	+0.1%	+35.25%	Add
2	TXO	Txo Partners LP	+0.1%	+49.22%	Add
3	COLO	Global X Msci Colombia ETF	+0.1%	+8.34%	Add
4	EWY	Ishares Msci South Korea ETF	+0.1%	-2.68%	Trim
5	KRP	Kimbell Royalty Partners LP	+0.1%	+20.05%	Add
6	EIS	Ishares Msci Israel ETF	+0.1%	+6.92%	Add
7	EWS	Ishares Msci Singapore ETF	0%	+9.45%	Add
8	GEL	Genesis Energy L.p.	0%	+10.82%	Add
9	ORO	Arrow Valtoro ETF	0%	—	Unchanged
10	GNL	Global Net Lease INC	0%	-19.01%	Trim
11	NEM	Newmont CORP	-0.1%	-20.98%	Trim
12	CHCT	Community Healthcare Trust I	-0.1%	-13.22%	Trim
13	TX	Ternium Sa-sponsored Adr	-0.1%	-25.53%	Trim
14	EZU	Ishares Msci Eurozone ETF	-0.1%	+3.51%	Add
15	IVW	Ishares S&p 500 Growth ETF	-0.3%	+7.42%	Add
16	XLI	Ss Industrial Select Sector	-0.3%	-5.26%	Trim
17	IEV	Ishares Europe ETF	-0.5%	-5.23%	Trim
18	MTUM	Ishares Msci USA Momentum Fa	-0.6%	-5.27%	Trim
19	VLUE	Ishares Msci USA Value Facto	—	NEW	New buy
20	EEM	Ishares Msci Emerging Market	—	NEW	New buy
21	GYLD	Arrow Dow Jones Global Yield	—	EXIT	Sold out
22	XLF	Ss Financial Select Sector	—	EXIT	Sold out
23	DBC	Invesco Db Commodity Index T	—	NEW	New buy
24	EMB	Ishares Jp Morgan Usd Emergi	—	EXIT	Sold out
25	SHY	Ishares 1-3 Year Treasury Bo	—	NEW	New buy
26	XRN	Chiron Real Estate INC	—	EXIT	Sold out
27	VUG	Vanguard Growth ETF	—	EXIT	Sold out
28	VTV	Vanguard Value ETF	—	NEW	New buy
29	LB	Landbridge Co Llc-a	—	NEW	New buy
30	KNTK	Kinetik Holdings INC	—	NEW	New buy
31	DE	Deere & Co	—	NEW	New buy
32	APTV	Aptiv PLC	—	EXIT	Sold out
33	AM	Antero Midstream CORP	—	NEW	New buy
34	OHI	Omega Healthcare Investors	—	EXIT	Sold out
35	FCX	Freeport-mcmoran INC	—	NEW	New buy
36	PAGP	Plains Gp Holdings Lp-cl A	—	NEW	New buy
37	PAA	Plains All Amer Pipeline LP	—	NEW	New buy
38	BNL	Broadstone Net Lease INC	—	EXIT	Sold out
39	CQP	Cheniere Energy Partners LP	—	NEW	New buy
40	EPD	Enterprise Products Partners	—	NEW	New buy
41	SUN	Sunoco LP	—	NEW	New buy
42	DMLP	Dorchester Minerals LP	—	NEW	New buy
43	IIPR	Innovative Industrial Proper	—	EXIT	Sold out
44	HESM	Hess Midstream LP - Class A	—	NEW	New buy
45	UAN	Cvr Partners LP	—	NEW	New buy
46	UHT	Universal Health Rlty Income	—	EXIT	Sold out
47	ARLP	Alliance Resource Partners	—	NEW	New buy
48	NRP	Natural Resource Partners LP	—	NEW	New buy
49	ET	Energy Transfer LP	—	NEW	New buy
50	SPH	Suburban Propane Partners LP	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-04	13F-HR	View on EDGAR
2025-12-31	2026-02-09	13F-HR	View on EDGAR
2025-09-30	2025-10-30	13F-HR	View on EDGAR
2025-06-30	2025-07-11	13F-HR	View on EDGAR
2025-03-31	2025-04-22	13F-HR	View on EDGAR
2024-12-31	2025-03-25	13F-HR	View on EDGAR
2024-09-30	2025-03-25	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-15	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-15	13F-HR	View on EDGAR
2022-06-30	2022-08-16	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-15	13F-HR	View on EDGAR
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2020-12-31	2021-02-11	13F-HR	View on EDGAR
2020-09-30	2020-10-19	13F-HR	View on EDGAR
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2016-12-31	2017-01-26	13F-HR	View on EDGAR
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2013-06-30	2013-08-16	13F-HR	View on EDGAR

FAQ

What is Arrow Investment Advisors, LLC and what type of investor is it?

Arrow Investment Advisors, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $93.9M, spread across 59 disclosed positions.

What are Arrow Investment Advisors, LLC's largest equity positions?

Based on the latest 13F filing, Arrow Investment Advisors, LLC's top holdings by market value are: 1. Arrow Reserve Cap Mgmt ETF (ARCM) — $40.9M (43.6%) 2. Ishares Msci USA Value Facto (VLUE) — $4.6M (4.9%) 3. Ishares Msci Emerging Market (EEM) — $4.6M (4.8%) 4. Ss Industrial Select Sector (XLI) — $4.4M (4.7%) 5. Ishares Msci Eurozone ETF (EZU) — $4.4M (4.7%)

What changes did Arrow Investment Advisors, LLC make in its most recent portfolio filing?

In the latest reported quarter, Arrow Investment Advisors, LLC made 49 notable position adjustments: 21 new positions were initiated, 9 existing holdings were added to, 8 positions were partially reduced, and 11 were completely exited. The largest of these moves: New buy: Ishares Msci USA Value Facto (VLUE); New buy: Ishares Msci Emerging Market (EEM); Sold out: Arrow Dow Jones Global Yield (GYLD); Sold out: Ss Financial Select Sector (XLF); New buy: Invesco Db Commodity Index T (DBC)

What sectors does Arrow Investment Advisors, LLC focus on?

Arrow Investment Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 37.9% • Real Estate: 21.4% • Materials: 15.7% • Consumer Discretionary: 8.5% • Communication Services: 8.3% • Industrials: 8.2%

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Sector conviction88.6

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Weyland Capital Management, LLC

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Total reported value

$94.0M

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734 Agriculture, LLC

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Portfolio Stability28.7

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Similar Holdings Style

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Barclays PLC

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Total reported value

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Swiss Reinsurance Co LTD

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Total reported value

$663.6M

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Metropolitan Life Insurance Co/NY

CIK 0000728618

Total reported value

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View detail

Arrow Investment Advisors, LLC — Quarterly 13F Portfolio Report

CIK: 0001378410

Momentum followerConcentrated strategySector-focused

Total reported value

$93.9M

Reporting period: 2026-03-31 · Number of holdings: 59

Arrow Investment Advisors, LLC disclosed 59 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $93.9M and a quarterly turnover rate of 31.8%.

Browse other institutions with under $100M AUM Browse other institutions starting with "A"

Personality snowflake

Concentration: 82.69
Portfolio Stability: 31.77
Momentum/Contrarian: 100
Sector conviction: 70.43
Diversification: 100
Sizing Uniformity: 66.25

Position sizes vary widely across the portfolio (a coefficient of variation of 3.37), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim MTUM
-5.3%　-$356.5K
Trim IEV
-5.2%　-$252.0K
Trim IVW
+7.4%　-$60.3K
Trim XLI
-5.3%　-$55.1K
Trim EZU
+3.5%　$49.8K
Add MNR
+35.2%　$92.8K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	ARCM	Arrow Reserve Cap Mgmt ETF	ETF-Other	43.58%	—	—
2	VLUE	Ishares Msci USA Value Facto	ETF-Other	4.92%	+4.92%	NEW
3	EEM	Ishares Msci Emerging Market	ETF-Emerging Markets	4.85%	+4.86%	NEW
4	XLI	Ss Industrial Select Sector	ETF-Other	4.73%	-0.26%	-5.26%
5	EZU	Ishares Msci Eurozone ETF	ETF-Other	4.65%	-0.14%	+3.51%
6	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	4.44%	-0.26%	+7.42%
7	IEV	Ishares Europe ETF	ETF-Other	4.10%	-0.46%	-5.23%
8	MTUM	Ishares Msci USA Momentum Fa	ETF-Other	3.76%	-0.56%	-5.27%
9	ORO	Arrow Valtoro ETF	ETF-Other	3.09%	-0.02%	—
10	DBC	Invesco Db Commodity Index T	ETF-Commodities	1.45%	+1.45%	NEW
11	TIP	Ishares Tips Bond ETF	ETF-Other	1.37%	—	—
12	TLT	Ishares 20+ Year Treasury Bd	ETF-Gov Bonds	1.34%	—	—
13	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	1.26%	—	—
14	CWB	Ss Spdr Bb Conv Sec ETF	ETF-Other	1.18%	—	—
15	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.11%	—	—
16	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	1.04%	+1.04%	NEW
17	VTV	Vanguard Value ETF	ETF-Other	0.73%	+0.73%	NEW
18	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.73%	—	—
19	COLO	Global X Msci Colombia ETF	ETF-Other	0.59%	+0.08%	+8.34%
20	EIS	Ishares Msci Israel ETF	ETF-Other	0.56%	+0.05%	+6.92%
21	EWY	Ishares Msci South Korea ETF	ETF-Other	0.49%	+0.07%	-2.68%
22	EWS	Ishares Msci Singapore ETF	ETF-Other	0.46%	+0.03%	+9.45%
23	EPOL	Ishares Msci Poland ETF	ETF-Other	0.46%	—	+2.42%
24	EPU	Ishares Msci Peru And Global	ETF-Other	0.45%	—	-5.89%
25	EWP	Ishares Msci Spain ETF	ETF-Other	0.45%	—	+2.03%
26	EZA	Ishares Msci South Africa Et	ETF-Other	0.43%	—	+2.02%
27	EWI	Ishares Msci Italy ETF	ETF-Other	0.42%	—	+1.43%
28	GREK	Global X Msci Greece ETF	ETF-Other	0.39%	—	-1.02%
29	LB	Landbridge Co Llc-a	Stock-Other	0.27%	+0.27%	NEW
30	KNTK	Kinetik Holdings INC	Stock-Other	0.26%	+0.26%	NEW
31	HAS	Hasbro INC	Stock-Consumer Disc	0.26%	—	-9.95%
32	BCE	Bce INC	Stock-Comm Services	0.25%	—	-0.17%
33	DE	Deere & Co	Stock-Industrials	0.25%	+0.25%	NEW
34	AM	Antero Midstream CORP	Stock-Energy	0.25%	+0.25%	NEW
35	NEM	Newmont CORP	Stock-Materials	0.24%	-0.05%	-20.98%
36	MNR	Mach Natural Resources LP	Stock-Other	0.24%	+0.10%	+35.25%
37	FCX	Freeport-mcmoran INC	Stock-Materials	0.23%	+0.23%	NEW
38	KRP	Kimbell Royalty Partners LP	Stock-Other	0.23%	+0.07%	+20.05%
39	PAGP	Plains Gp Holdings Lp-cl A	Stock-Energy	0.23%	+0.23%	NEW
40	TXO	Txo Partners LP	Stock-Other	0.23%	+0.09%	+49.22%
41	PAA	Plains All Amer Pipeline LP	Stock-Energy	0.23%	+0.23%	NEW
42	GNL	Global Net Lease INC	Stock-Real Estate	0.23%	-0.04%	-19.01%
43	TX	Ternium Sa-sponsored Adr	Stock-Other	0.22%	-0.08%	-25.53%
44	CQP	Cheniere Energy Partners LP	Stock-Other	0.22%	+0.22%	NEW
45	EPD	Enterprise Products Partners	Stock-Energy	0.22%	+0.22%	NEW
46	SUN	Sunoco LP	Stock-Other	0.22%	+0.22%	NEW
47	DMLP	Dorchester Minerals LP	Stock-Other	0.22%	+0.22%	NEW
48	HESM	Hess Midstream LP - Class A	Stock-Other	0.22%	+0.22%	NEW
49	UAN	Cvr Partners LP	Stock-Other	0.22%	+0.22%	NEW
50	ARLP	Alliance Resource Partners	Stock-Other	0.22%	+0.22%	NEW

1–50 of 59

Portfolio Performance

Performance for Q3 2026

+0.3%

Performance Last 4 Quarters

+11.1%

Based on 88% of reported portfolio value with available pricing

Stdev: +6.2%
Beta: +0.43
Alpha: +1.7%
Max Drawdown: -3.8%
Annualized Perf: +9.8%
Batting Avg vs S&P: +41.7%
Sortino: +3.01
Stutzer: +0.45
Treynor: +0.22
Sterling: +0.76
Calmar: +2.61
Information Ratio: -1.11
Tracking Error: +8%
Stdev Down: +3.2%
Winning Months %: +75%
Losing Months %: +25%
Best 12 Months: +16.7%
Worst 12 Months: +4.9%
Efficiency Ratio: +0.54
Sharpe: +1.53
Stdev Sectors: +10.7%
Skewness: -0.17
Kurtosis: -0.49
Upside Potential: +4.66

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	59	$93.9M	32	1ARCM 2VLUE 3EEM Top holdings2026-03-31 1.ARCM 2.VLUE 3.EEM 4.XLI 5.EZU 6.IVW 7.IEV 8.MTUM 9.ORO 10.DBC
2025-12-31	49	$90.0M	16	1ARCM 2XLI 3EZU Top holdings2025-12-31 1.ARCM 2.XLI 3.EZU 4.IVW 5.GYLD 6.IEV 7.MTUM 8.XLF 9.ORO 10.TIP
2025-09-30	53	$90.6M	49	1ARCM 2XLI 3EZU Top holdings2025-09-30 1.ARCM 2.XLI 3.EZU 4.IVW 5.GYLD 6.MTUM 7.IEV 8.XLF 9.TLT 10.LQD
2025-06-30	56	$105.0M	0	1ARCM20427653XLI Top holdings2025-06-30 1.ARCM 2.042765 3.XLI 4.IEV 5.MTUM 6.GYLD 7.EZU 8.SHY 9.SPLV 10.XLF
2025-03-31	46	$94.5M	28	1ARCM 2IVW 3QUAL Top holdings2025-03-31 1.ARCM 2.IVW 3.QUAL 4.XLI 5.042765 6.XLK 7.XLF 8.MTUM 9.PFM 10.ICF
2024-12-31	47	$107.4M	0	1ARCM20427653QUAL Top holdings2024-12-31 1.ARCM 2.042765 3.QUAL 4.IVW 5.RPV 6.XLI 7.XLK 8.MTUM 9.PFM 10.XLF
2024-09-30	47	$107.4M	100	1ARCM20427653QUAL Top holdings2024-09-30 1.ARCM 2.042765 3.QUAL 4.IVW 5.RPV 6.XLI 7.XLK 8.MTUM 9.PFM 10.XLF
2024-06-30	47	$109.7M	0	1ARCM 2IVW 3QUAL Top holdings2024-06-30 1.ARCM 2.IVW 3.QUAL 4.042765 5.XLK 6.RPV 7.XLI 8.VOT 9.MTUM 10.SHY
2024-03-31	52	$117.1M	0	1ARCM 2QUAL 3RPV Top holdings2024-03-31 1.ARCM 2.QUAL 3.RPV 4.042765 5.XLI 6.IVW 7.XLK 8.VOT 9.XLY 10.EWJ
2023-12-31	48	$115.8M	0	1ARCM20427653RPV Top holdings2023-12-31 1.ARCM 2.042765 3.RPV 4.QUAL 5.XLI 6.XLK 7.IVW 8.XLY 9.VOT 10.EWJ
2023-09-30	48	$125.2M	0	1ARCM 2QUAL 3RPV Top holdings2023-09-30 1.ARCM 2.QUAL 3.RPV 4.IVW 5.XLI 6.042765 7.EZU 8.XLY 9.XLK 10.VOT
2023-06-30	61	$127.0M	0	1ARCM 2RPV 3XLI Top holdings2023-06-30 1.ARCM 2.RPV 3.XLI 4.QUAL 5.EZU 6.IVW 7.XLK 8.DTH 9.EFA 10.042765
2023-03-31	65	$136.8M	0	1ARCM20427653XLE Top holdings2023-03-31 1.ARCM 2.042765 3.XLE 4.EZU 5.XLI 6.DTH 7.RPV 8.IEV 9.XLB 10.042765
2022-12-31	69	$142.2M	0	1ARCM 2DBC3042765 Top holdings2022-12-31 1.ARCM 2.DBC 3.042765 4.XLE 5.DTD 6.XLP 7.XLV 8.PEY 9.DVY 10.042765
2022-09-30	63	$129.4M	0	1ARCM 2DBC 3XLE Top holdings2022-09-30 1.ARCM 2.DBC 3.XLE 4.XLU 5.DTD 6.XLP 7.042765 8.SHY 9.PEY 10.DVY
2022-06-30	66	$125.1M	0	1ARCM 2DBC 3SHY Top holdings2022-06-30 1.ARCM 2.DBC 3.SHY 4.042765 5.XLE 6.XLU 7.DTD 8.ICF 9.PEY 10.DVY
2022-03-31	78	$134.9M	0	1ARCM 2DBC3042765 Top holdings2022-03-31 1.ARCM 2.DBC 3.042765 4.SHY 5.ICF 6.XLE 7.RWR 8.XLK 9.XLF 10.DTD
2021-12-31	89	$141.1M	0	1ARCM20427653DBC Top holdings2021-12-31 1.ARCM 2.042765 3.DBC 4.042765 5.XLK 6.RWR 7.ICF 8.FYX 9.FNX 10.XLF
2021-09-30	94	$152.5M	0	1ARCM20427653DBC Top holdings2021-09-30 1.ARCM 2.042765 3.DBC 4.042765 5.TLT 6.FYX 7.XLK 8.XLF 9.FNX 10.RWR
2021-06-30	99	$161.5M	100	1ARCM20427653042765 Top holdings2021-06-30 1.ARCM 2.042765 3.042765 4.VBR 5.TLT 6.IJT 7.FYX 8.FNX 9.VOT 10.XLI
2021-03-31	58	$145.0M	52	1ARCM20427653XLK Top holdings2021-03-31 1.ARCM 2.042765 3.XLK 4.SHY 5.VBR 6.FNX 7.EEM 8.XLB 9.VOT 10.IJT
2020-12-31	60	$141.3M	27	1ARCM20427653XLK Top holdings2020-12-31 1.ARCM 2.042765 3.XLK 4.VOT 5.IVW 6.MTUM 7.EEM 8.XLB 9.QUAL 10.XLY
2020-09-30	45	$152.7M	51	1ARCM 2XLK3042765 Top holdings2020-09-30 1.ARCM 2.XLK 3.042765 4.IVW 5.VOT 6.MTUM 7.EEM 8.XLB 9.QUAL 10.XLY
2020-06-30	38	$150.3M	42	1ARCM 2XLK 3XLV Top holdings2020-06-30 1.ARCM 2.XLK 3.XLV 4.VIG 5.IVW 6.042765 7.MTUM 8.TLT 9.XLY 10.IEF
2020-03-31	24	$144.3M	94	1ARCM 2TLT 3XLK Top holdings2020-03-31 1.ARCM 2.TLT 3.XLK 4.XLV 5.VIG 6.SHY 7.IEF 8.IVW 9.MTUM 10.XLU
2019-12-31	64	$202.5M	60	1ARCM 2XLK 3XLU Top holdings2019-12-31 1.ARCM 2.XLK 3.XLU 4.QUAL 5.VIG 6.IVE 7.SPLV 8.IYR 9.EWJ 10.042765
2019-09-30	63	$213.5M	31	1ARCM 2ICF 3XLU Top holdings2019-09-30 1.ARCM 2.ICF 3.XLU 4.042765 5.XLY 6.XLK 7.SPLV 8.IYR 9.IVW 10.MTUM
2019-06-30	66	$248.2M	46	1ARCM 2ICF3042765 Top holdings2019-06-30 1.ARCM 2.ICF 3.042765 4.XLU 5.XLY 6.XLK 7.SDY 8.IVW 9.SPLV 10.QUAL
2019-03-31	72	$245.5M	74	1ARCM 2ICF 3XLU Top holdings2019-03-31 1.ARCM 2.ICF 3.XLU 4.SDY 5.XLY 6.XLV 7.042765 8.IYR 9.IVW 10.SPLV
2018-12-31	74	$258.0M	100	1ARCM 2XLV 3XLU Top holdings2018-12-31 1.ARCM 2.XLV 3.XLU 4.SDY 5.ICF 6.PFM 7.XLP 8.SPLV 9.VIG 10.QUAL
2018-09-30	77	$297.5M	14	1ARCM 2VUG 3XLK Top holdings2018-09-30 1.ARCM 2.VUG 3.XLK 4.MTUM 5.IJT 6.VOT 7.XLY 8.FNX 9.042765 10.FYX
2018-06-30	80	$306.4M	56	1ARCM 2VUG 3XLK Top holdings2018-06-30 1.ARCM 2.VUG 3.XLK 4.MTUM 5.VOT 6.IJT 7.XLY 8.FNX 9.FYX 10.042765
2018-03-31	71	$340.4M	40	1ARCM 2VUG 3MTUM Top holdings2018-03-31 1.ARCM 2.VUG 3.MTUM 4.XLK 5.EWJ 6.XLF 7.EEM 8.VLUE 9.IJT 10.XLY
2017-12-31	71	$359.2M	90	1ARCM 2VUG 3MTUM Top holdings2017-12-31 1.ARCM 2.VUG 3.MTUM 4.XLK 5.XLF 6.EEM 7.VLUE 8.EWJ 9.EZU 10.XLB
2017-09-30	69	$332.6M	39	1VUG20427653MTUM Top holdings2017-09-30 1.VUG 2.042765 3.MTUM 4.XLK 5.FEX 6.XLF 7.EZU 8.EEM 9.IEV 10.XLV
2017-06-30	70	$366.9M	100	10427652VUG 3MTUM Top holdings2017-06-30 1.042765 2.VUG 3.MTUM 4.VBK 5.FEX 6.XLK 7.XLF 8.EZU 9.XLI 10.EEM
2017-03-31	63	$296.6M	57	1VBR273935X3VOE Top holdings2017-03-31 1.VBR 2.73935X 3.VOE 4.VBK 5.ILF 6.XLF 7.78355W 8.XLI 9.XLK 10.BSV
2016-12-31	67	$380.2M	85	1HYG 2VBR373935X Top holdings2016-12-31 1.HYG 2.VBR 3.73935X 4.VOE 5.VBK 6.XLK 7.XLF 8.BSV 9.ILF 10.XLI
2016-09-30	72	$427.2M	68	1HYG 2ICF 3VBR Top holdings2016-09-30 1.HYG 2.ICF 3.VBR 4.73935X 5.BSV 6.IEF 7.XLK 8.DVY 9.ILF 10.SDY
2016-06-30	71	$460.7M	50	1HYG 2IEF 3ICF Top holdings2016-06-30 1.HYG 2.IEF 3.ICF 4.73935X 5.BSV 6.XLU 7.73937B 8.XLP 9.DVY 10.SDY
2016-03-31	76	$462.2M	72	1HYG 2IEF 3ICF Top holdings2016-03-31 1.HYG 2.IEF 3.ICF 4.BSV 5.73935X 6.XLU 7.73937B 8.XLK 9.XLP 10.IEI
2015-12-31	72	$380.7M	75	1IEF 2VUG 3ICF Top holdings2015-12-31 1.IEF 2.VUG 3.ICF 4.BSV 5.XLK 6.73935X 7.XLY 8.XLP 9.VBK 10.SHY
2015-09-30	77	$406.6M	57	1VUG 2VOT 3XLV Top holdings2015-09-30 1.VUG 2.VOT 3.XLV 4.IEF 5.BSV 6.ACWI 7.XLF 8.XLY 9.SHY 10.IEI
2015-06-30	78	$496.7M	78	1VUG 2VOT 3XLV Top holdings2015-06-30 1.VUG 2.VOT 3.XLV 4.ACWI 5.BSV 6.IEF 7.XLK 8.FNX 9.XLY 10.FEX
2015-03-31	57	$545.0M	38	1VUG 2ICF 3XLV Top holdings2015-03-31 1.VUG 2.ICF 3.XLV 4.IEF 5.BSV 6.VOT 7.XLK 8.XLP 9.73935X 10.RWR
2014-12-31	58	$523.0M	61	1VUG 2ICF 3IEF Top holdings2014-12-31 1.VUG 2.ICF 3.IEF 4.BSV 5.XLV 6.VOT 7.XLK 8.XLF 9.73935X 10.VTV
2014-09-30	59	$552.9M	65	1VOE 2VUG 3IEF Top holdings2014-09-30 1.VOE 2.VUG 3.IEF 4.BSV 5.XLV 6.XLB 7.XLK 8.VTV 9.DTD 10.FNX
2014-06-30	61	$554.0M	76	1VOE 2IEF 3BSV Top holdings2014-06-30 1.VOE 2.IEF 3.BSV 4.VBR 5.XLV 6.XLI 7.XLB 8.IEV 9.FNX 10.EZU
2014-03-31	58	$540.4M	61	1VUG 2VBK 3BSV Top holdings2014-03-31 1.VUG 2.VBK 3.BSV 4.IEF 5.XLV 6.XLY 7.XLI 8.VBR 9.EZU 10.FNX
2013-12-31	61	$521.6M	44	1VOE 2VBR 3BSV Top holdings2013-12-31 1.VOE 2.VBR 3.BSV 4.IEF 5.XLY 6.XLV 7.XLI 8.VBK 9.FNX 10.EZU
2013-09-30	58	$434.3M	23	1VOE 2VBR 3BSV Top holdings2013-09-30 1.VOE 2.VBR 3.BSV 4.IEF 5.ACWI 6.VTV 7.XLF 8.XLV 9.FNX 10.SDY
2013-06-30	58	$464.0M	—	1VOE 2VBR 3IEF Top holdings2013-06-30 1.VOE 2.VBR 3.IEF 4.BSV 5.ACWI 6.XLY 7.XLV 8.XLF 9.VTV 10.ICF

Holding changes this quarter

Position changes disclosed by Arrow Investment Advisors, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	MNR	Mach Natural Resources LP	+0.1%	+35.25%	Add
2	TXO	Txo Partners LP	+0.1%	+49.22%	Add
3	COLO	Global X Msci Colombia ETF	+0.1%	+8.34%	Add
4	EWY	Ishares Msci South Korea ETF	+0.1%	-2.68%	Trim
5	KRP	Kimbell Royalty Partners LP	+0.1%	+20.05%	Add
6	EIS	Ishares Msci Israel ETF	+0.1%	+6.92%	Add
7	EWS	Ishares Msci Singapore ETF	0%	+9.45%	Add
8	GEL	Genesis Energy L.p.	0%	+10.82%	Add
9	ORO	Arrow Valtoro ETF	0%	—	Unchanged
10	GNL	Global Net Lease INC	0%	-19.01%	Trim
11	NEM	Newmont CORP	-0.1%	-20.98%	Trim
12	CHCT	Community Healthcare Trust I	-0.1%	-13.22%	Trim
13	TX	Ternium Sa-sponsored Adr	-0.1%	-25.53%	Trim
14	EZU	Ishares Msci Eurozone ETF	-0.1%	+3.51%	Add
15	IVW	Ishares S&p 500 Growth ETF	-0.3%	+7.42%	Add
16	XLI	Ss Industrial Select Sector	-0.3%	-5.26%	Trim
17	IEV	Ishares Europe ETF	-0.5%	-5.23%	Trim
18	MTUM	Ishares Msci USA Momentum Fa	-0.6%	-5.27%	Trim
19	VLUE	Ishares Msci USA Value Facto	—	NEW	New buy
20	EEM	Ishares Msci Emerging Market	—	NEW	New buy
21	GYLD	Arrow Dow Jones Global Yield	—	EXIT	Sold out
22	XLF	Ss Financial Select Sector	—	EXIT	Sold out
23	DBC	Invesco Db Commodity Index T	—	NEW	New buy
24	EMB	Ishares Jp Morgan Usd Emergi	—	EXIT	Sold out
25	SHY	Ishares 1-3 Year Treasury Bo	—	NEW	New buy
26	XRN	Chiron Real Estate INC	—	EXIT	Sold out
27	VUG	Vanguard Growth ETF	—	EXIT	Sold out
28	VTV	Vanguard Value ETF	—	NEW	New buy
29	LB	Landbridge Co Llc-a	—	NEW	New buy
30	KNTK	Kinetik Holdings INC	—	NEW	New buy
31	DE	Deere & Co	—	NEW	New buy
32	APTV	Aptiv PLC	—	EXIT	Sold out
33	AM	Antero Midstream CORP	—	NEW	New buy
34	OHI	Omega Healthcare Investors	—	EXIT	Sold out
35	FCX	Freeport-mcmoran INC	—	NEW	New buy
36	PAGP	Plains Gp Holdings Lp-cl A	—	NEW	New buy
37	PAA	Plains All Amer Pipeline LP	—	NEW	New buy
38	BNL	Broadstone Net Lease INC	—	EXIT	Sold out
39	CQP	Cheniere Energy Partners LP	—	NEW	New buy
40	EPD	Enterprise Products Partners	—	NEW	New buy
41	SUN	Sunoco LP	—	NEW	New buy
42	DMLP	Dorchester Minerals LP	—	NEW	New buy
43	IIPR	Innovative Industrial Proper	—	EXIT	Sold out
44	HESM	Hess Midstream LP - Class A	—	NEW	New buy
45	UAN	Cvr Partners LP	—	NEW	New buy
46	UHT	Universal Health Rlty Income	—	EXIT	Sold out
47	ARLP	Alliance Resource Partners	—	NEW	New buy
48	NRP	Natural Resource Partners LP	—	NEW	New buy
49	ET	Energy Transfer LP	—	NEW	New buy
50	SPH	Suburban Propane Partners LP	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-04	13F-HR	View on EDGAR
2025-12-31	2026-02-09	13F-HR	View on EDGAR
2025-09-30	2025-10-30	13F-HR	View on EDGAR
2025-06-30	2025-07-11	13F-HR	View on EDGAR
2025-03-31	2025-04-22	13F-HR	View on EDGAR
2024-12-31	2025-03-25	13F-HR	View on EDGAR
2024-09-30	2025-03-25	13F-HR	View on EDGAR
2024-06-30	2024-08-14	13F-HR	View on EDGAR
2024-03-31	2024-05-15	13F-HR	View on EDGAR
2023-12-31	2024-02-14	13F-HR	View on EDGAR
2023-09-30	2023-11-15	13F-HR	View on EDGAR
2023-06-30	2023-08-14	13F-HR	View on EDGAR
2023-03-31	2023-05-15	13F-HR	View on EDGAR
2022-12-31	2023-02-14	13F-HR	View on EDGAR
2022-09-30	2022-11-15	13F-HR	View on EDGAR
2022-06-30	2022-08-16	13F-HR	View on EDGAR
2022-03-31	2022-05-16	13F-HR	View on EDGAR
2021-12-31	2022-02-15	13F-HR	View on EDGAR
2021-09-30	2021-11-15	13F-HR	View on EDGAR
2021-06-30	2021-08-16	13F-HR	View on EDGAR
2021-03-31	2021-04-29	13F-HR	View on EDGAR
2020-12-31	2021-02-11	13F-HR	View on EDGAR
2020-09-30	2020-10-19	13F-HR	View on EDGAR
2020-06-30	2020-07-22	13F-HR	View on EDGAR
2020-03-31	2020-05-07	13F-HR	View on EDGAR
2019-12-31	2020-02-06	13F-HR	View on EDGAR
2019-09-30	2019-11-05	13F-HR	View on EDGAR
2019-06-30	2019-08-02	13F-HR	View on EDGAR
2019-03-31	2019-05-01	13F-HR	View on EDGAR
2018-12-31	2019-02-01	13F-HR	View on EDGAR
2018-09-30	2018-11-01	13F-HR	View on EDGAR
2018-06-30	2018-08-03	13F-HR	View on EDGAR
2018-03-31	2018-05-11	13F-HR	View on EDGAR
2017-12-31	2018-02-12	13F-HR	View on EDGAR
2017-09-30	2017-11-09	13F-HR	View on EDGAR
2017-06-30	2017-08-11	13F-HR	View on EDGAR
2017-03-31	2017-05-11	13F-HR	View on EDGAR
2016-12-31	2017-01-26	13F-HR	View on EDGAR
2016-09-30	2016-10-28	13F-HR	View on EDGAR
2016-06-30	2016-07-28	13F-HR	View on EDGAR
2016-03-31	2016-05-12	13F-HR	View on EDGAR
2015-12-31	2016-02-03	13F-HR	View on EDGAR
2015-09-30	2015-11-09	13F-HR	View on EDGAR
2015-06-30	2015-07-28	13F-HR	View on EDGAR
2015-03-31	2015-05-14	13F-HR	View on EDGAR
2014-12-31	2015-02-17	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-08	13F-HR	View on EDGAR
2014-03-31	2014-05-13	13F-HR	View on EDGAR
2013-12-31	2014-02-13	13F-HR	View on EDGAR
2013-09-30	2013-11-15	13F-HR	View on EDGAR
2013-06-30	2013-08-16	13F-HR	View on EDGAR