# Arrow Investment Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1378410. Source: https://holderbook.com/funds/1378410-arrow-investment-advisors-llc/

- Reported value: $103.4M
- Positions: 75
- Weight of the ten largest: 77.7%
- Filed: 2026-08-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ARROW INVTS TR | [ARCM](https://holderbook.com/stocks/ARCM/) | $40.9M | 409,003 | 39.6% | 31 |
| ISHARES TR | [VLUE](https://holderbook.com/stocks/VLUE/) | $6.4M | 31,947 | 6.2% | 2 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $5.4M | 78,931 | 5.2% | 2 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $5.0M | 26,996 | 4.8% | 14 |
| ISHARES INC | [EZU](https://holderbook.com/stocks/EZU/) | $4.8M | 68,419 | 4.6% | 5 |
| FIRST TR EXCHANGE-TRADED ALP | [FYX](https://holderbook.com/stocks/FYX/) | $4.7M | 32,447 | 4.5% | 1 |
| ARROW ETF TR | [GYLD](https://holderbook.com/stocks/GYLD/) | $4.1M | 285,605 | 3.9% | 1 |
| ISHARES TR | [IEV](https://holderbook.com/stocks/IEV/) | $4.1M | 55,717 | 3.9% | 5 |
| ARROW INVTS TR | [ORO](https://holderbook.com/stocks/ORO/) | $2.8M | 155,000 | 2.7% | 3 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $2.2M | 27,311 | 2.2% | 2 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $1.3M | 12,123 | 1.3% | 4 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $1.3M | 11,631 | 1.2% | 6 |
| INVESCO DB COMMDY INDX TRCK | [DBC](https://holderbook.com/stocks/DBC/) | $1.2M | 46,410 | 1.2% | 2 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $1.2M | 10,860 | 1.1% | 8 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $806.7K | 2,206 | 0.8% | 3 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $752.7K | 9,412 | 0.7% | 4 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $749.9K | 3,441 | 0.7% | 2 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $693.1K | 3,433 | 0.7% | 3 |
| ISHARES INC | [EIS](https://holderbook.com/stocks/EIS/) | $535.3K | 4,435 | 0.5% | 6 |
| ISHARES INC | [EWT](https://holderbook.com/stocks/EWT/) | $526.5K | 4,848 | 0.5% | 1 |
| ISHARES TR | [EPU](https://holderbook.com/stocks/EPU/) | $466.9K | 5,592 | 0.5% | 3 |
| ISHARES INC | [EWP](https://holderbook.com/stocks/EWP/) | $446.3K | 7,515 | 0.4% | 11 |
| ISHARES TR | [EPOL](https://holderbook.com/stocks/EPOL/) | $442.0K | 11,447 | 0.4% | 5 |
| ISHARES INC | [EWS](https://holderbook.com/stocks/EWS/) | $438.9K | 14,821 | 0.4% | 5 |
| ISHARES INC | [EWI](https://holderbook.com/stocks/EWI/) | $436.8K | 7,373 | 0.4% | 10 |
| GLOBAL X FDS | [GREK](https://holderbook.com/stocks/GREK/) | $423.4K | 5,608 | 0.4% | 3 |
| ISHARES INC | [EZA](https://holderbook.com/stocks/EZA/) | $379.8K | 6,010 | 0.4% | 6 |
| ROBERT HALF INC. | [RHI](https://holderbook.com/stocks/RHI/) | $338.0K | 11,010 | 0.3% | 1 |
| RLJ LODGING TR | [RLJ](https://holderbook.com/stocks/RLJ/) | $327.2K | 27,614 | 0.3% | 1 |
| CAL MAINE FOODS INC | [CALM](https://holderbook.com/stocks/CALM/) | $284.1K | 3,527 | 0.3% | 1 |
| PARK HOTELS & RESORTS INC | [PK](https://holderbook.com/stocks/PK/) | $279.2K | 19,592 | 0.3% | 5 |
| APPLE HOSPITALITY REIT INC | [APLE](https://holderbook.com/stocks/APLE/) | $270.1K | 16,068 | 0.3% | 1 |
| HIGHWOODS PPTYS INC | [HIW](https://holderbook.com/stocks/HIW/) | $264.9K | 8,782 | 0.3% | 1 |
| HOST HOTELS & RESORTS INC | [HST](https://holderbook.com/stocks/HST/) | $263.1K | 11,098 | 0.3% | 1 |
| SL GREEN RLTY CORP | [SLG](https://holderbook.com/stocks/SLG/) | $260.0K | 5,022 | 0.3% | 1 |
| HASBRO INC | [HAS](https://holderbook.com/stocks/HAS/) | $247.0K | 2,991 | 0.2% | 4 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $246.7K | 3,922 | 0.2% | 2 |
| TERNIUM SA | [TX](https://holderbook.com/stocks/TX/) | $243.3K | 5,697 | 0.2% | 5 |
| INNOVATIVE INDL PPTYS INC | [IIPR](https://holderbook.com/stocks/IIPR/) | $242.7K | 3,915 | 0.2% | 1 |
| COMMUNITY HEALTHCARE TR INC | [CHCT](https://holderbook.com/stocks/CHCT/) | $237.2K | 12,978 | 0.2% | 5 |
| EASTERLY GOVT PPTYS INC | [DEA](https://holderbook.com/stocks/DEA/) | $236.0K | 9,465 | 0.2% | 1 |
| EPR PPTYS | [EPR](https://holderbook.com/stocks/EPR/) | $235.6K | 4,062 | 0.2% | 1 |
| TELUS CORPORATION | [TU](https://holderbook.com/stocks/TU/) | $234.3K | 22,168 | 0.2% | 1 |
| CHIRON REAL ESTATE INC | [XRN](https://holderbook.com/stocks/XRN/) | $233.8K | 6,232 | 0.2% | 1 |
| ANTERO MIDSTREAM CORP | [AM](https://holderbook.com/stocks/AM/) | $232.9K | 10,237 | 0.2% | 2 |
| WESTERN UN CO | [WU](https://holderbook.com/stocks/WU/) | $225.9K | 29,343 | 0.2% | 1 |
| BRANDYWINE RLTY TR | [BDN](https://holderbook.com/stocks/BDN/) | $225.7K | 71,199 | 0.2% | 24 |
| WESTERN MIDSTREAM PARTNERS L | [WES](https://holderbook.com/stocks/WES/) | $222.5K | 5,084 | 0.2% | 1 |
| KINETIK HOLDINGS INC | [KNTK](https://holderbook.com/stocks/KNTK/) | $221.1K | 4,573 | 0.2% | 2 |
| GLOBAL NET LEASE INC | [GNL](https://holderbook.com/stocks/GNL/) | $218.8K | 24,478 | 0.2% | 24 |
| DELEK LOGISTICS PARTNERS LP | [DKL](https://holderbook.com/stocks/DKL/) | $218.8K | 4,245 | 0.2% | 1 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $217.7K | 3,864 | 0.2% | 1 |
| DOUGLAS EMMETT INC | [DEI](https://holderbook.com/stocks/DEI/) | $216.3K | 18,334 | 0.2% | 1 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $216.0K | 15,460 | 0.2% | 5 |
| PLAINS GP HLDGS L P | [PAGP](https://holderbook.com/stocks/PAGP/) | $215.2K | 8,867 | 0.2% | 2 |
| PLAINS ALL AMERN PIPELINE L | [PAA](https://holderbook.com/stocks/PAA/) | $214.1K | 9,618 | 0.2% | 2 |
| SUNOCO LP/SUNOCO FIN CORP | [SUN](https://holderbook.com/stocks/SUN/) | $213.2K | 3,159 | 0.2% | 2 |
| TXO PARTNERS LP | [TXO](https://holderbook.com/stocks/TXO/) | $212.0K | 16,961 | 0.2% | 4 |
| MACH NATURAL RESOURCES LP | [MNR](https://holderbook.com/stocks/MNR/) | $211.5K | 16,730 | 0.2% | 5 |
| NEXPOINT RESIDENTIAL TR INC | [NXRT](https://holderbook.com/stocks/NXRT/) | $211.4K | 7,570 | 0.2% | 1 |
| GLADSTONE COMMERCIAL CORP | [GOOD](https://holderbook.com/stocks/GOOD/) | $210.9K | 17,146 | 0.2% | 1 |
| KIMBELL RTY PARTNERS LP | [KRP](https://holderbook.com/stocks/KRP/) | $210.6K | 14,493 | 0.2% | 5 |
| HESS MIDSTREAM LP | [HESM](https://holderbook.com/stocks/HESM/) | $210.3K | 5,594 | 0.2% | 2 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $207.8K | 10,866 | 0.2% | 2 |
| CHENIERE ENERGY PARTNERS LP | [CQP](https://holderbook.com/stocks/CQP/) | $206.1K | 3,382 | 0.2% | 2 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $205.6K | 5,592 | 0.2% | 2 |
| GLOBAL PARTNERS LP | [GLP](https://holderbook.com/stocks/GLP/) | $205.5K | 4,410 | 0.2% | 1 |
| DORCHESTER MINERALS LP | [DMLP](https://holderbook.com/stocks/DMLP/) | $204.9K | 8,113 | 0.2% | 2 |
| USA COMPRESSION PARTNERS LP | [USAC](https://holderbook.com/stocks/USAC/) | $204.5K | 7,749 | 0.2% | 1 |
| CVR PARTNERS LP/CVR NITROGEN | [UAN](https://holderbook.com/stocks/UAN/) | $202.3K | 1,815 | 0.2% | 2 |
| WESTLAKE CHEM PARTNERS LP | [WLKP](https://holderbook.com/stocks/WLKP/) | $202.2K | 9,084 | 0.2% | 1 |
| ALLIANCE RESOURCE PARTNERS L | [ARLP](https://holderbook.com/stocks/ARLP/) | $202.2K | 8,431 | 0.2% | 2 |
| SUBURBAN PROPANE PARTNERS L | [SPH](https://holderbook.com/stocks/SPH/) | $193.1K | 11,291 | 0.2% | 1 |
| ICAHN ENTERPRISES LP | [IEP](https://holderbook.com/stocks/IEP/) | $192.2K | 26,659 | 0.2% | 6 |
| GENESIS ENERGY L P | [GEL](https://holderbook.com/stocks/GEL/) | $185.1K | 13,061 | 0.2% | 23 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.1% | +14.8% | -6.7% | 97% |
| Q1 2026 | -0.5% | -4.6% | +4.2% | 97% |
| Q3 2025 | +5.0% | +7.8% | -2.9% | 67% |
| Q4 2024 | -2.5% | +2.1% | -4.7% | 62% |
| Q3 2024 | +4.6% | +5.4% | -0.8% | 63% |
| Q2 2024 | -0.2% | +4.0% | -4.3% | 63% |
| Q1 2024 | +7.4% | +10.0% | -2.7% | 99% |
| Q3 2023 | -4.7% | -3.6% | -1.1% | 63% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $103.4M | 75 |
| Q1 2026 | $93.9M | 59 |
| Q4 2025 | $90.0M | 49 |
| Q3 2025 | $90.6M | 53 |
| Q2 2025 | $105.0M | 52 |
| Q1 2025 | $94.5M | 46 |
| Q4 2024 | $107.4M | 47 |
| Q3 2024 | $107.4M | 47 |
| Q2 2024 | $109.7M | 47 |
| Q1 2024 | $117.1M | 52 |
| Q4 2023 | $115.8M | 48 |
| Q3 2023 | $125.2M | 48 |