Arrow Financial Corp.

Arrow Financial as of Sept. 30, 2011

Portfolio Holdings for Arrow Financial

Arrow Financial holds 297 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Arrow Financial Corporation (AROW) 13.8 $32M 1.4M 22.90
Exxon Mobil Corporation (XOM) 3.8 $8.7M 120k 72.64
International Business Machines (IBM) 3.5 $7.9M 45k 174.55
Apple (AAPL) 2.4 $5.4M 14k 383.78
Johnson & Johnson (JNJ) 2.3 $5.3M 83k 63.70
Chevron Corporation (CVX) 2.1 $4.7M 51k 92.63
Pepsi (PEP) 2.0 $4.6M 74k 62.09
Procter & Gamble Company (PG) 1.9 $4.3M 69k 63.11
Microsoft Corporation (MSFT) 1.8 $4.1M 167k 24.84
Intel Corporation (INTC) 1.7 $3.9M 181k 21.33
General Electric Company 1.6 $3.7M 240k 15.26
United Technologies Corporation 1.5 $3.4M 48k 70.37
McDonald's Corporation (MCD) 1.4 $3.3M 38k 87.98
At&t (T) 1.3 $3.0M 106k 28.42
Coca-Cola Company (KO) 1.3 $3.0M 44k 67.86
Verizon Communications (VZ) 1.3 $2.9M 78k 36.90
JPMorgan Chase & Co. (JPM) 1.2 $2.8M 94k 30.21
Abbott Laboratories (ABT) 1.2 $2.8M 55k 51.24
Oracle Corporation (ORCL) 1.2 $2.6M 92k 28.72
Dominion Resources (D) 1.1 $2.6M 52k 50.73
Colgate-Palmolive Company (CL) 1.1 $2.5M 28k 89.31
American Express Company (AXP) 1.1 $2.5M 55k 44.88
Berkshire Hathaway (BRK.B) 1.1 $2.4M 34k 71.58
Qualcomm (QCOM) 1.0 $2.4M 49k 48.65
Bristol Myers Squibb (BMY) 1.0 $2.3M 74k 31.56
T. Rowe Price (TROW) 1.0 $2.3M 48k 47.57
Danaher Corporation (DHR) 1.0 $2.2M 52k 41.94
Wells Fargo & Company (WFC) 0.9 $2.1M 89k 24.14
U.S. Bancorp (USB) 0.9 $2.1M 90k 23.62
Wal-Mart Stores (WMT) 0.9 $2.1M 40k 51.95
Southern Company (SO) 0.9 $2.1M 49k 42.54
H.J. Heinz Company 0.9 $2.1M 42k 50.57
Cisco Systems (CSCO) 0.9 $2.1M 134k 15.52
ConocoPhillips (COP) 0.9 $2.0M 32k 63.64
Merck & Co (MRK) 0.9 $2.0M 60k 32.56
EMC Corporation 0.8 $1.9M 91k 21.01
Google 0.8 $1.9M 3.6k 517.65
Costco Wholesale Corporation (COST) 0.8 $1.8M 22k 82.68
General Mills (GIS) 0.8 $1.8M 48k 38.35
Home Depot (HD) 0.8 $1.8M 55k 32.94
Occidental Petroleum Corporation (OXY) 0.8 $1.8M 25k 71.53
Praxair 0.8 $1.8M 19k 92.86
Caterpillar (CAT) 0.8 $1.8M 24k 74.11
3M Company (MMM) 0.8 $1.8M 25k 71.43
Honeywell International (HON) 0.8 $1.8M 41k 43.59
Deere & Company (DE) 0.8 $1.8M 28k 63.53
Kraft Foods 0.7 $1.6M 49k 33.64
Baxter International (BAX) 0.7 $1.6M 29k 56.00
TJX Companies (TJX) 0.7 $1.6M 29k 55.81
Walt Disney Company (DIS) 0.7 $1.6M 53k 30.02
Travelers Companies (TRV) 0.7 $1.6M 34k 46.15
Schlumberger (SLB) 0.7 $1.5M 26k 59.59
Emerson Electric (EMR) 0.7 $1.5M 36k 41.54
Time Warner 0.7 $1.5M 49k 30.17
United Parcel Service (UPS) 0.6 $1.4M 23k 63.41
Nordstrom (JWN) 0.6 $1.4M 31k 45.52
Limited Brands 0.6 $1.4M 36k 38.18
Medtronic 0.6 $1.3M 41k 33.23
Ford Motor Company (F) 0.6 $1.3M 137k 9.76
Watson Pharmaceuticals 0.6 $1.3M 20k 67.50
Goldman Sachs (GS) 0.6 $1.3M 13k 100.00
Hewlett-Packard Company 0.6 $1.3M 58k 22.15
iShares S&P US Pref Stock Idx Fnd (PFF) 0.6 $1.3M 36k 35.44
Norfolk Southern (NSC) 0.5 $1.2M 20k 61.86
Alliant Energy Corporation (LNT) 0.5 $1.2M 31k 39.24
Aetna 0.5 $1.2M 33k 36.00
Hess (HES) 0.5 $1.2M 23k 51.28
Cardinal Health (CAH) 0.5 $1.2M 27k 42.22
Celgene Corporation 0.5 $1.2M 23k 50.00
Nucor Corporation (NUE) 0.5 $1.1M 34k 31.82
Darden Restaurants (DRI) 0.5 $1.1M 26k 42.58
Accenture (ACN) 0.5 $1.1M 21k 52.78
Morgan Stanley (MS) 0.5 $1.1M 79k 13.49
International Paper Company (IP) 0.4 $972k 42k 23.33
Visa (V) 0.4 $989k 12k 85.11
Apache Corporation 0.4 $954k 12k 80.00
Analog Devices (ADI) 0.4 $959k 31k 31.25
Halliburton Company (HAL) 0.4 $953k 31k 30.68
Zimmer Holdings (ZBH) 0.4 $935k 18k 53.33
Broadcom Corporation 0.4 $937k 29k 32.89
Freeport-McMoRan Copper & Gold (FCX) 0.4 $911k 29k 31.07
Pfizer (PFE) 0.4 $896k 54k 16.67
Target Corporation (TGT) 0.3 $776k 16k 50.00
Mylan 0.3 $735k 44k 16.67
Bed Bath & Beyond 0.3 $688k 12k 57.33
Exelon Corporation (EXC) 0.3 $686k 16k 43.06
Lockheed Martin Corporation (LMT) 0.3 $655k 9.0k 72.94
Fiserv (FI) 0.3 $667k 13k 50.58
Comcast Corporation (CMCSA) 0.3 $628k 30k 20.93
Philip Morris International (PM) 0.3 $617k 9.9k 62.34
Automatic Data Processing (ADP) 0.2 $546k 12k 47.54
Bank of New York Mellon Corporation (BK) 0.2 $439k 23k 19.05
MetLife (MET) 0.2 $410k 15k 28.24
Prudential Financial (PRU) 0.2 $382k 7.9k 48.28
Tor Dom Bk Cad (TD) 0.2 $372k 5.2k 70.98
Walgreen Company 0.1 $342k 8.6k 40.00
Eli Lilly & Co. (LLY) 0.1 $319k 7.5k 42.86
Johnson Controls 0.1 $322k 18k 18.18
Kellogg Company (K) 0.1 $319k 6.0k 53.33
Carnival Corporation (CCL) 0.1 $287k 9.3k 30.91
E.I. du Pont de Nemours & Company 0.1 $287k 6.5k 44.44
Tidewater 0.1 $302k 7.6k 40.00
Dollar Tree (DLTR) 0.1 $296k 3.9k 75.03
Adobe Systems Incorporated (ADBE) 0.1 $270k 11k 25.00
Altria (MO) 0.1 $278k 10k 27.03
Nike (NKE) 0.1 $269k 2.7k 100.00
SPDR Gold Trust (GLD) 0.1 $264k 1.7k 158.27
Covidien 0.1 $272k 6.3k 43.48
Devon Energy Corporation (DVN) 0.1 $258k 4.7k 55.00
Yum! Brands (YUM) 0.1 $245k 5.0k 49.38
Marathon Oil Corporation (MRO) 0.1 $244k 12k 20.59
Activision Blizzard 0.1 $238k 20k 11.90
Comcast Corporation (CMCSA) 0.1 $216k 11k 19.67
Progress Energy 0.1 $198k 3.8k 51.51
Lowe's Companies (LOW) 0.1 $200k 10k 19.24
Simon Property (SPG) 0.1 $195k 1.9k 100.00
Cme (CME) 0.1 $188k 785.00 240.00
Boeing Company (BA) 0.1 $180k 3.3k 54.55
Dow Chemical Company 0.1 $151k 6.7k 22.50
National-Oilwell Var 0.1 $163k 3.2k 51.36
Air Products & Chemicals (APD) 0.1 $164k 2.1k 76.74
Anadarko Petroleum Corporation 0.1 $162k 2.5k 65.22
General Dynamics Corporation (GD) 0.1 $167k 3.3k 50.00
IntercontinentalEx.. 0.1 $164k 1.4k 120.00
Monsanto Company 0.1 $137k 1.7k 80.00
Teva Pharmaceutical Industries (TEVA) 0.1 $133k 3.8k 35.00
Eaton Corporation 0.1 $128k 3.6k 35.56
Kohl's Corporation (KSS) 0.1 $144k 2.7k 53.33
Amgen (AMGN) 0.1 $138k 2.8k 50.00
Ecolab (ECL) 0.1 $117k 2.4k 48.57
Union Pacific Corporation (UNP) 0.1 $117k 1.8k 66.67
Amazon (AMZN) 0.1 $117k 583.00 200.00
BP (BP) 0.0 $98k 2.7k 35.99
Via 0.0 $90k 2.3k 38.46
CVS Caremark Corporation (CVS) 0.0 $101k 3.5k 28.57
Parker-Hannifin Corporation (PH) 0.0 $94k 1.5k 65.00
Royal Dutch Shell 0.0 $95k 1.6k 60.88
UnitedHealth (UNH) 0.0 $91k 2.0k 46.15
Jacobs Engineering 0.0 $86k 2.7k 32.32
Noble Corporation Com Stk 0.0 $99k 3.3k 30.00
Materials SPDR (XLB) 0.0 $86k 2.9k 30.00
Utilities SPDR (XLU) 0.0 $82k 2.4k 33.74
Packaging Corporation of America (PKG) 0.0 $64k 2.7k 23.26
Cognizant Technology Solutions (CTSH) 0.0 $63k 1.0k 63.00
El Paso Corporation 0.0 $63k 3.6k 17.50
American Tower Corporation 0.0 $62k 1.2k 54.29
Fidelity National Financial 0.0 $68k 4.5k 15.11
Newmont Mining Corporation (NEM) 0.0 $72k 1.3k 57.14
Alcoa 0.0 $69k 7.2k 9.59
eBay (EBAY) 0.0 $64k 2.1k 30.77
Illinois Tool Works (ITW) 0.0 $63k 1.6k 40.00
Energy Select Sector SPDR (XLE) 0.0 $78k 1.3k 58.73
Quest Diagnostics Incorporated (DGX) 0.0 $64k 1.3k 49.23
Technology SPDR (XLK) 0.0 $77k 3.3k 23.66
iShares Silver Trust (SLV) 0.0 $60k 2.1k 28.79
BlackRock (BLK) 0.0 $44k 285.00 152.94
Bank of America Corporation (BAC) 0.0 $37k 6.2k 6.00
Consolidated Edison (ED) 0.0 $55k 967.00 56.88
Medco Health Solutions 0.0 $49k 1.0k 47.50
Brown-Forman Corporation (BF.B) 0.0 $43k 610.00 70.49
Transocean (RIG) 0.0 $43k 918.00 46.67
Harley-Davidson (HOG) 0.0 $44k 1.3k 34.38
Baker Hughes Incorporated 0.0 $44k 975.00 45.33
News Corporation 0.0 $57k 3.4k 16.67
Stryker Corporation (SYK) 0.0 $50k 1.1k 46.32
Texas Instruments Incorporated (TXN) 0.0 $57k 2.0k 28.57
Wisconsin Energy Corporation 0.0 $38k 1.2k 31.67
Staples 0.0 $48k 3.6k 13.33
EMC Corporation 0.0 $39k 1.9k 20.80
Clorox Company (CLX) 0.0 $36k 550.00 66.00
Financial Institutions (FISI) 0.0 $43k 3.0k 14.33
ITT Corporation 0.0 $44k 1.1k 41.90
Tompkins Financial Corporation (TMP) 0.0 $39k 1.1k 35.45
McCormick & Company, Incorporated (MKC) 0.0 $41k 875.00 46.25
NBT Ban (NBTB) 0.0 $37k 2.0k 18.50
Vanguard Total Stock Market ETF (VTI) 0.0 $50k 871.00 57.41
Eaton Vance Tax-advntg Glbl Di (ETG) 0.0 $51k 4.2k 12.16
ETFS Gold Trust 0.0 $39k 240.00 162.50
Barrick Gold Corp (GOLD) 0.0 $15k 319.00 47.02
Time Warner Cable 0.0 $12k 200.00 60.00
iShares MSCI Emerging Markets Indx (EEM) 0.0 $33k 954.00 34.59
Corning Incorporated (GLW) 0.0 $18k 2.2k 8.33
Annaly Capital Management 0.0 $20k 1.2k 16.34
State Street Corporation (STT) 0.0 $18k 560.00 32.14
FedEx Corporation (FDX) 0.0 $30k 590.00 50.00
Health Care SPDR (XLV) 0.0 $25k 800.00 31.25
Archer Daniels Midland Company (ADM) 0.0 $26k 1.1k 24.34
Duke Energy Corporation 0.0 $16k 780.00 20.51
Franklin Resources (BEN) 0.0 $17k 175.00 97.14
Genuine Parts Company (GPC) 0.0 $26k 505.00 51.49
Paychex (PAYX) 0.0 $26k 1.0k 26.00
Sonoco Products Company (SON) 0.0 $14k 500.00 28.00
McGraw-Hill Companies 0.0 $29k 700.00 41.43
Tiffany & Co. 0.0 $21k 350.00 60.00
Vodafone 0.0 $13k 500.00 26.00
American Electric Power Company (AEP) 0.0 $14k 360.00 38.89
Agilent Technologies Inc C ommon (A) 0.0 $12k 381.00 31.50
Fortune Brands 0.0 $32k 600.00 53.33
Windstream Corporation 0.0 $27k 2.3k 11.61
Buckeye Partners 0.0 $31k 500.00 62.00
Brown-Forman Corporation (BF.A) 0.0 $29k 432.00 67.13
Marriott International (MAR) 0.0 $27k 1.0k 26.76
Public Service Enterprise (PEG) 0.0 $13k 400.00 32.50
Allscripts Healthcare Solutions (MDRX) 0.0 $18k 1.0k 18.00
Kadant (KAI) 0.0 $14k 809.00 17.31
L-3 Communications Holdings 0.0 $13k 190.00 66.67
Hexcel Corporation (HXL) 0.0 $17k 775.00 21.94
Temple-Inland 0.0 $23k 720.00 31.94
Aqua America 0.0 $33k 1.7k 20.00
Berkshire Hills Ban (BHLB) 0.0 $28k 1.5k 18.67
St. Jude Medical 0.0 $25k 700.00 35.00
TrustCo Bank Corp NY 0.0 $33k 7.5k 4.40
Kaydon Corporation 0.0 $29k 1.0k 29.00
EQT Corporation (EQT) 0.0 $23k 426.00 53.99
Hatteras Financial 0.0 $18k 725.00 24.83
Financial Select Sector SPDR (XLF) 0.0 $22k 1.9k 11.64
Consumer Discretionary SPDR (XLY) 0.0 $30k 860.00 34.88
SPDR S&P Oil & Gas Explore & Prod. 0.0 $18k 415.00 43.37
PowerShares WilderHill Clean Energy 0.0 $22k 4.0k 5.57
Gabelli Dividend & Income Trust (GDV) 0.0 $18k 1.4k 13.33
Suffolk Ban 0.0 $25k 3.0k 8.33
NFJ Dividend Interest & Premium Strategy 0.0 $17k 1.1k 15.07
Nuveen Div. Advantage Muni. Fund (NAD) 0.0 $16k 1.2k 13.71
Spdr S&p Bric 40 0.0 $32k 1.6k 20.16
Vale (VALE) 0.0 $6.0k 270.00 22.22
BHP Billiton 0.0 $5.0k 100.00 50.00
Emcor (EME) 0.0 $2.0k 100.00 20.00
Hartford Financial Services (HIG) 0.0 $3.0k 200.00 15.00
Ameriprise Financial (AMP) 0.0 $3.0k 80.00 37.50
Northern Trust Corporation (NTRS) 0.0 $4.0k 125.00 32.00
Canadian Natl Ry (CNI) 0.0 $8.0k 125.00 64.00
Eastman Kodak Company 0.0 $304.000000 100.00 3.04
M&T Bank Corporation (MTB) 0.0 $139.720000 2.00 69.86
Waste Management (WM) 0.0 $7.0k 200.00 35.00
Comcast Corporation 0.0 $1.0k 56.00 17.86
Hospira 0.0 $10k 260.00 38.46
Constellation Energy 0.0 $918.500000 25.00 36.74
Harsco Corporation (NVRI) 0.0 $5.0k 281.00 17.79
Kimberly-Clark Corporation (KMB) 0.0 $3.0k 44.00 68.18
Noble Energy 0.0 $3.0k 49.00 61.22
Spectra Energy 0.0 $10k 390.00 25.64
Best Buy (BBY) 0.0 $2.0k 86.00 23.26
Boston Scientific Corporation (BSX) 0.0 $2.0k 265.00 7.55
Vulcan Materials Company (VMC) 0.0 $7.0k 240.00 29.17
Newell Rubbermaid (NWL) 0.0 $2.0k 200.00 10.00
Masco Corporation (MAS) 0.0 $1.0k 200.00 5.00
Mohawk Industries (MHK) 0.0 $10k 225.00 44.44
Campbell Soup Company (CPB) 0.0 $3.0k 100.00 30.00
Novartis (NVS) 0.0 $8.0k 150.00 53.33
Olin Corporation (OLN) 0.0 $5.0k 300.00 16.67
Allstate Corporation (ALL) 0.0 $2.0k 100.00 20.00
Capital One Financial (COF) 0.0 $4.0k 100.00 40.00
GlaxoSmithKline 0.0 $8.0k 200.00 40.00
Nextera Energy (NEE) 0.0 $8.0k 150.00 53.33
Ca 0.0 $8.0k 421.00 19.00
Federal National Mortgage Association (FNMA) 0.0 $0 1.0k 0.00
Dell 0.0 $3.0k 200.00 15.00
Cnh Global 0.0 $4.0k 150.00 26.67
Starbucks Corporation (SBUX) 0.0 $7.0k 200.00 35.00
Federal Home Loan Mortgage (FMCC) 0.0 $0 1.1k 0.00
Novo Nordisk A/S (NVO) 0.0 $10k 100.00 100.00
Gannett 0.0 $1.0k 100.00 10.05
East West Ban (EWBC) 0.0 $7.0k 500.00 14.00
Frontier Communications 0.0 $341.530000 49.00 6.97
Applied Materials (AMAT) 0.0 $1.9k 215.00 8.70
First Solar (FSLR) 0.0 $1.0k 18.00 55.56
J.M. Smucker Company (SJM) 0.0 $4.0k 50.00 80.00
Yahoo! 0.0 $4.0k 300.00 13.33
Plains Exploration & Production Company 0.0 $5.0k 237.00 21.10
Enterprise Products Partners (EPD) 0.0 $6.0k 150.00 40.00
Delcath Systems 0.0 $547.500000 150.00 3.65
Imation 0.0 $814.800000 120.00 6.79
DTE Energy Company (DTE) 0.0 $10k 199.00 50.25
Ingersoll-rand Co Ltd-cl A 0.0 $2.0k 71.00 28.17
Repsol YPF (REPYY) 0.0 $3.0k 100.00 30.00
athenahealth 0.0 $6.0k 100.00 60.00
United Therapeutics Corporation (UTHR) 0.0 $4.0k 100.00 40.00
Washington Federal (WAFD) 0.0 $10k 800.00 12.50
Capstone Turbine Corporation 0.0 $618.000000 600.00 1.03
Dendreon Corporation 0.0 $1.2k 100.00 12.06
Alcatel-Lucent 0.0 $356.310000 107.00 3.33
Greenbrier Companies (GBX) 0.0 $2.0k 200.00 10.00
Siemens (SIEGY) 0.0 $10k 110.00 90.91
iShares Gold Trust 0.0 $2.0k 100.00 20.00
Gran Tierra Energy 0.0 $2.0k 403.00 4.96
ProShares UltraShort 20+ Year Trea 0.0 $2.0k 100.00 20.00
Entropic Communications 0.0 $361.000000 100.00 3.61
Consumer Staples Select Sect. SPDR (XLP) 0.0 $9.0k 300.00 30.00
PowerShares Water Resources 0.0 $4.0k 250.00 16.00
Coca-cola Enterprises 0.0 $10k 400.00 25.00
iShares Barclays TIPS Bond Fund (TIP) 0.0 $6.0k 56.00 107.14
iShares Cohen & Steers Realty Maj. (ICF) 0.0 $9.0k 154.00 58.44
Connecticut Water Service 0.0 $5.0k 200.00 25.00
YRC Worldwide 0.0 $816.000000 1.2k 0.68
iShares S&P Global Mat. Sector Inde (MXI) 0.0 $5.0k 100.00 50.00
Nuveen Ny Div Advantg Mun 0.0 $5.0k 360.00 13.89
Dunkin' Brands Group 0.0 $3.0k 100.00 30.00