Arrow Financial Corp
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| VANGUARD INDEX FDS | VOO | $137.0M | 199,441 | +0.12pp | 31q | -1.3%-$1.8M | |
| INVESCO QQQ TR | QQQ | $105.3M | 143,023 | +1.34pp | 26q | +2.6%+$2.7M | |
| ARROW FINL CORP | AROW | $76.2M | 1,859,963 | +0.48pp | 31q | -1.0%-$773.7K | |
| ISHARES TR | IJH | $69.8M | 905,594 | -0.03pp | 31q | -2.0%-$1.5M | |
| ISHARES TR | IJR | $53.6M | 361,187 | -0.02pp | 31q | -6.3%-$3.6M | |
| ISHARES TR | IDEV | $50.5M | 567,490 | -0.17pp | 19q | +1.7%+$823.3K | |
| SPDR SERIES TRUST | SPYV | $46.8M | 770,376 | -0.25pp | 31q | -1.4%-$665.6K | |
| ISHARES TR | IBHG | $32.9M | 1,491,682 | - | new | NEW | |
| VANGUARD INDEX FDS | VO | $24.0M | 297,279 | -0.08pp | 22q | +285.8%+$17.7M | |
| TEMA ETF TRUST | VOLT | $21.0M | 501,273 | +0.28pp | 3q | +8.1%+$1.6M | |
| APPLE INC | AAPL | $19.6M | 67,740 | -0.01pp | 31q | -2.1%-$418.4K | |
| NVIDIA CORPORATION | NVDA | $19.3M | 96,535 | -0.02pp | 31q | -3.4%-$688.5K | |
| ALPHABET INC | GOOGL | $18.3M | 51,129 | +0.11pp | 31q | -3.4%-$648.3K | |
| ISHARES TR | TLH | $17.7M | 176,255 | +0.67pp | 12q | +95.3%+$8.6M | |
| J P MORGAN EXCHANGE TRADED F | JEPI | $17.4M | 307,394 | +0.10pp | 3q | +20.0%+$2.9M | |
| ISHARES TR | IBDX | $15.9M | 630,882 | -0.14pp | 14q | +2.7%+$412.4K | |
| ISHARES TR | IBCA | $15.8M | 615,529 | -0.10pp | 3q | +4.9%+$732.8K | |
| ISHARES TR | IBDY | $15.7M | 610,058 | -0.13pp | 12q | +3.4%+$521.7K | |
| ISHARES TR | IBDW | $15.5M | 741,952 | -0.14pp | 19q | +2.7%+$400.0K | |
| ISHARES TR | IBDV | $15.3M | 702,825 | -0.14pp | 23q | +2.6%+$389.1K | |
| ISHARES TR | IBDU | $15.2M | 655,962 | -0.14pp | 27q | +2.2%+$332.1K | |
| ISHARES TR | IBDT | $14.9M | 591,506 | -0.13pp | 27q | +2.4%+$351.2K | |
| MICROSOFT CORP | MSFT | $13.4M | 35,925 | -0.13pp | 31q | +0.6%+$76.5K | |
| ISHARES TR | IBDZ | $13.3M | 512,414 | +0.04pp | 8q | +16.1%+$1.9M | |
| VANGUARD INDEX FDS | VB | $9.2M | 30,205 | flat | 22q | -3.4%-$324.3K | |
| AMAZON COM INC | AMZN | $9.1M | 38,354 | flat | 31q | -1.8%-$163.5K | |
| MARVELL TECHNOLOGY INC | MRVL | $7.9M | 26,532 | +0.42pp | 12q | -6.9%-$581.8K | |
| JPMORGAN CHASE & CO | JPM | $7.8M | 23,826 | -0.02pp | 31q | -2.4%-$190.2K | |
| AB ACTIVE ETFS INC | NYM | $6.7M | 268,140 | -0.04pp | 3q | +4.4%+$286.6K | |
| AMPHENOL CORP | APH | $6.6M | 37,494 | +0.10pp | 15q | -3.6%-$250.2K | |
| ISHARES TR | AGG | $6.2M | 62,177 | -0.07pp | 31q | HELD | |
| CATERPILLAR INC | CAT | $6.0M | 5,633 | +0.12pp | 31q | -4.8%-$304.6K | |
| PALO ALTO NETWORKS INC | PANW | $5.5M | 16,042 | +0.24pp | 12q | +3.4%+$178.7K | |
| CISCO SYS INC | CSCO | $5.3M | 45,479 | +0.11pp | 31q | -4.1%-$229.8K | |
| ELI LILLY & CO | LLY | $5.3M | 4,406 | +0.04pp | 31q | -5.9%-$329.8K | |
| HOME DEPOT INC | HD | $5.2M | 14,862 | -0.02pp | 31q | HELD | |
| ISHARES TR | IBDS | $5.1M | 209,525 | -0.61pp | 27q | DEBT | |
| ISHARES TR | IBDR | $4.9M | 200,769 | -0.60pp | 27q | DEBT | |
| JOHNSON & JOHNSON | JNJ | $4.7M | 18,431 | -0.05pp | 31q | -3.4%-$164.8K | |
| VISA INC | V | $4.6M | 13,478 | flat | 31q | -1.7%-$81.0K | |
| ORACLE CORP | ORCL | $4.6M | 31,138 | -0.05pp | 31q | -0.5%-$25.1K | |
| META PLATFORMS INC | META | $4.5M | 8,053 | -0.05pp | 31q | +0.6%+$26.5K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $4.5M | 9,009 | -0.04pp | 31q | -1.1%-$52.0K | |
| ISHARES TR | NYF | $4.5M | 82,875 | -0.06pp | 31q | -3.8%-$174.9K | |
| VANGUARD SCOTTSDALE FDS | VCSH | $4.4M | 55,641 | -0.09pp | 29q | -7.9%-$377.7K | |
| ALPHABET INC | GOOG | $3.8M | 10,857 | +0.03pp | 31q | +0.7%+$27.9K | |
| EXXON MOBIL CORP | XOMXXXX | $3.7M | 27,009 | -0.13pp | 31q | -0.9%-$34.9K | |
| BANK OF AMER CORP | BAC | $3.4M | 60,482 | flat | 31q | -3.8%-$134.4K | |
| ISHARES TR | IBCB | $3.3M | 132,068 | - | new | NEW | |
| BLACKROCK INC | BLK | $3.2M | 3,375 | -0.04pp | 7q | -1.2%-$40.4K | |
| COSTCO WHOLESALE CORPORATION | COST | $3.2M | 3,395 | -0.06pp | 31q | -1.1%-$36.5K | |
| WALMART INC | WMT | $3.2M | 27,915 | -0.08pp | 31q | -3.6%-$116.8K | |
| AMGEN INC | AMGN | $3.1M | 8,441 | -0.04pp | 31q | -3.4%-$107.2K | |
| MORGAN STANLEY | MS | $3.1M | 14,622 | +0.02pp | 31q | -3.7%-$118.3K | |
| TJX COS INC NEW | TJX | $3.1M | 20,146 | -0.06pp | 31q | -2.0%-$63.0K | |
| QUANTA SVCS INC | PWR | $3.0M | 4,130 | +0.03pp | 9q | -2.8%-$84.2K | |
| SELECT SECTOR SPDR TR | XLK | $2.9M | 15,117 | +0.03pp | 31q | -10.2%-$328.6K | |
| BROADCOM INC | AVGO | $2.9M | 7,598 | +0.06pp | 5q | +20.2%+$483.1K | |
| SALESFORCE INC | CRM | $2.8M | 18,092 | -0.07pp | 31q | +4.0%+$108.7K | |
| ISHARES TR | IBHF | $2.8M | 124,293 | -2.86pp | 7q | -90.8%-$27.7M | |
| DISNEY WALT CO | DIS | $2.7M | 28,384 | -0.02pp | 31q | +3.1%+$81.9K | |
| PROCTER & GAMBLE CO | PG | $2.7M | 18,182 | -0.03pp | 31q | HELD | |
| COCA COLA CO | KO | $2.6M | 32,587 | -0.01pp | 31q | -0.9%-$24.1K | |
| MCDONALDS CORP | MCD | $2.6M | 9,690 | -0.06pp | 31q | +2.2%+$56.8K | |
| CUMMINS INC | CMI | $2.5M | 3,494 | +0.02pp | 31q | -6.6%-$175.4K | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $2.5M | 20,130 | -0.10pp | 31q | HELD | |
| THERMO FISHER SCIENTIFIC INC | TMO | $2.4M | 4,885 | -0.02pp | 31q | -1.1%-$27.6K | |
| TRAVELERS COMPANIES INC | TRV | $2.4M | 7,357 | -0.01pp | 29q | -5.7%-$145.6K | |
| STRYKER CORPORATION | SYK | $2.4M | 7,482 | -0.04pp | 31q | -1.2%-$28.0K | |
| TERADYNE INC | TER | $2.4M | 4,857 | +0.04pp | 12q | -14.4%-$394.8K | |
| UNION PAC CORP | UNP | $2.3M | 8,341 | flat | 31q | -1.2%-$28.3K | |
| GENERAL DYNAMICS CORP | GD | $2.3M | 6,360 | -0.02pp | 31q | HELD | |
| WILLIAMS COS INC | WMB | $2.2M | 30,120 | -0.03pp | 31q | -4.0%-$94.2K | |
| T-MOBILE US INC | TMUS | $2.0M | 11,871 | -0.07pp | 13q | +1.4%+$27.3K | |
| MASCO CORP | MAS | $1.9M | 23,737 | +0.03pp | 31q | +0.6%+$12.4K | |
| TESLA INC | TSLA | $1.9M | 4,544 | +0.01pp | 31q | +7.0%+$124.5K | |
| NETFLIX INC | NFLX | $1.8M | 25,620 | -0.10pp | 31q | -7.2%-$142.8K | |
| MASTERCARD INCORPORATED | MA | $1.7M | 3,388 | -0.02pp | 31q | -3.8%-$67.8K | |
| ABBOTT LABORATORIES | ABT | $1.7M | 18,770 | -0.04pp | 31q | +1.2%+$19.5K | |
| DANAHER CORP DEL | DHR | $1.6M | 8,586 | -0.01pp | 31q | +1.4%+$22.9K | |
| YUM BRANDS INC | YUM | $1.5M | 9,191 | -0.02pp | 31q | -2.4%-$36.0K | |
| VERTEX PHARMACEUTICALS INC | VRTX | $1.5M | 2,944 | flat | 31q | -1.7%-$24.8K | |
| SELECT SECTOR SPDR TR | XLB | $1.5M | 28,611 | -0.02pp | 31q | -5.0%-$77.2K | |
| ABBVIE INC | ABBV | $1.4M | 5,655 | flat | 31q | -4.1%-$61.4K | |
| EATON CORP PLC | ETN | $1.4M | 3,334 | +0.03pp | 5q | +26.5%+$297.4K | |
| CONOCOPHILLIPS | COP | $1.4M | 13,601 | -0.05pp | 31q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $1.4M | 1,864 | -0.02pp | 31q | -16.7%-$280.0K | |
| RTX CORPORATION | RTX | $1.3M | 6,799 | -0.02pp | 25q | HELD | |
| INTEL CORP | INTC | $1.2M | 8,835 | +0.07pp | 4q | HELD | |
| APPLIED MATLS INC | AMAT | $1.2M | 1,685 | +0.05pp | 31q | HELD | |
| CHEVRON CORPORATION | CVX | $1.2M | 7,316 | -0.05pp | 31q | -0.9%-$11.1K | |
| SELECT SECTOR SPDR TR | XLF | $1.2M | 22,502 | -0.01pp | 31q | -1.4%-$17.7K | |
| PEPSICO INC | PEP | $1.2M | 8,857 | -0.03pp | 31q | -2.0%-$24.1K | |
| AMERICAN ELEC PWR CO INC | AEP | $1.2M | 8,653 | flat | 5q | +9.1%+$98.8K | |
| GE AEROSPACE | GE | $1.2M | 3,139 | +0.02pp | 20q | +1.2%+$13.5K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $1.2M | 4,164 | flat | 31q | HELD | |
| HONEYWELL INTL INC | HON | $1.2M | 5,247 | - | new | NEW | |
| HONEYWELL AEROSPACE INC | HONA | $1.2M | 5,247 | - | new | NEW | |
| J P MORGAN EXCHANGE TRADED F | JEPQ | $1.1M | 18,696 | +0.01pp | 3q | +17.9%+$174.1K | |
| ISHARES TR | MUB | $1.1M | 10,370 | -0.01pp | 31q | HELD | |
| AMERICAN WTR WKS CO INC NEW | AWK | $1.1M | 8,349 | -0.02pp | 31q | +0.6%+$6.4K | |
| TEXAS INSTRS INC | TXN | $1.1M | 3,559 | +0.03pp | 31q | HELD | |
| LOWES COS INC | LOW | $1.0M | 4,724 | -0.02pp | 31q | -1.9%-$20.5K | |
| VANGUARD BD INDEX FDS | BND | $1.0M | 13,739 | -0.04pp | 22q | -24.2%-$322.0K | |
| GE VERNOVA INC | GEV | $971.6K | 827 | +0.01pp | 9q | HELD | |
| SELECT SECTOR SPDR TR | XLI | $968.6K | 5,229 | flat | 31q | -1.7%-$16.7K | |
| MCKESSON CORP | MCK | $964.1K | 1,276 | -0.01pp | 3q | +13.0%+$111.1K | |
| ISHARES TR | IVV | $952.6K | 1,272 | flat | 6q | -1.1%-$10.5K | |
| SELECT SECTOR SPDR TR | XLV | $906.3K | 5,712 | -0.01pp | 31q | -2.4%-$22.2K | |
| DOMINION ENERGY INC | D | $891.9K | 13,060 | flat | 31q | HELD | |
| MERCK & CO INC | MRK | $890.8K | 6,932 | flat | 31q | HELD | |
| ISHARES TR | SUSB | $863.3K | 34,545 | -0.01pp | 22q | HELD | |
| AMERICAN EXPRESS CO | AXP | $848.7K | 2,509 | flat | 31q | HELD | |
| SYSCO CORP | SYY | $840.4K | 10,055 | flat | 31q | -5.8%-$52.0K | |
| SOUTHERN CO | SO | $818.0K | 8,547 | +0.01pp | 5q | +22.9%+$152.5K | |
| AUTOMATIC DATA PROCESSING IN | ADP | $760.8K | 3,397 | flat | 31q | -0.9%-$7.2K | |
| SELECT SECTOR SPDR TR | XLY | $656.7K | 5,599 | flat | 31q | HELD | |
| 3M CO | MMM | $654.9K | 4,045 | flat | 31q | -2.4%-$16.2K | |
| UNITEDHEALTH GROUP INC | UNH | $625.5K | 1,505 | flat | 31q | -20.8%-$164.2K | |
| COLGATE PALMOLIVE CO | CL | $604.5K | 6,594 | flat | 31q | -2.2%-$13.3K | |
| ECOLAB INC | ECL | $596.5K | 2,141 | flat | 31q | HELD | |
| VANGUARD INDEX FDS | VNQ | $594.4K | 6,164 | flat | 31q | HELD | |
| NEXTERA ENERGY INC | NEE | $573.4K | 6,533 | -0.01pp | 31q | -4.5%-$26.9K | |
| SPDR SERIES TRUST | SPYG | $570.2K | 4,792 | flat | 31q | HELD | |
| SNOWFLAKE INC | SNOW | $551.2K | 2,166 | +0.01pp | 12q | -24.4%-$177.6K | |
| ADOBE INC | ADBE | $519.1K | 2,532 | -0.06pp | 31q | -41.2%-$363.5K | |
| SPDR GOLD TR | GLD | $486.6K | 1,321 | -0.02pp | 31q | -9.3%-$50.1K | |
| EASTMAN CHEM CO | EMN | $486.2K | 7,259 | -0.01pp | 17q | HELD | |
| SELECT SECTOR SPDR TR | XLC | $485.8K | 4,535 | flat | 29q | +14.7%+$62.1K | |
| SELECT SECTOR SPDR TR | XLU | $477.5K | 10,531 | -0.02pp | 31q | -18.7%-$109.9K | |
| INGERSOLL RAND INC | IR | $472.0K | 5,757 | -0.04pp | 26q | -46.5%-$410.7K | |
| EMERSON ELEC CO | EMR | $457.7K | 3,197 | flat | 31q | HELD | |
| ISHARES TR | IWR | $449.7K | 4,076 | flat | 31q | HELD | |
| VERIZON COMMUNICATIONS INC | VZ | $434.2K | 10,256 | -0.01pp | 31q | +14.1%+$53.6K | |
| LYONDELLBASELL INDUSTRIES NV | LYB | $407.1K | 7,733 | -0.03pp | 23q | -3.0%-$12.5K | |
| STARBUCKS CORP | SBUX | $388.7K | 3,804 | flat | 31q | -1.7%-$6.6K | |
| CARRIER GLOBAL CORPORATION | CARR | $364.9K | 4,975 | flat | 25q | HELD | |
| WELLS FARGO & CO | WFC | $363.5K | 4,399 | flat | 31q | HELD | |
| VANGUARD INDEX FDS | VTI | $361.9K | 978 | -0.01pp | 8q | -29.0%-$148.0K | |
| PIMCO ETF TR | MINT | $357.8K | 3,549 | -0.02pp | 9q | -24.0%-$113.0K | |
| SELECT SECTOR SPDR TR | XLE | $331.5K | 6,242 | -0.01pp | 31q | -1.2%-$3.9K | |
| TORONTO DOMINION BK ONT | TD | $324.0K | 2,668 | flat | 4q | HELD | |
| DOLLAR TREE INC | DLTR | $290.9K | 2,405 | flat | 31q | -13.8%-$46.6K | |
| PFIZER INC | PFE | $272.1K | 11,301 | -0.01pp | 31q | -1.5%-$4.2K | |
| NUSHARES ETF TR | NUSC | $268.4K | 5,150 | flat | 5q | HELD | |
| SPDR SERIES TRUST | XBI | $268.4K | 1,696 | flat | 3q | HELD | |
| NORFOLK SOUTHN CORP | NSC | $254.5K | 809 | flat | 4q | HELD | |
| UBER TECHNOLOGIES INC | UBER | $252.7K | 3,502 | - | new | NEW | |
| GOLDMAN SACHS GROUP INC | GS | $251.8K | 249 | flat | 31q | HELD | |
| ISHARES TR | IBMO | $242.3K | 9,451 | flat | 17q | HELD | |
| ISHARES TR | IBMP | $241.9K | 9,517 | flat | 17q | HELD | |
| ISHARES TR | IBMQ | $241.7K | 9,448 | flat | 11q | HELD | |
| SELECT SECTOR SPDR TR | XLP | $235.6K | 2,836 | flat | 31q | -4.1%-$10.0K | |
| DEERE & CO | DE | $223.3K | 352 | - | new | NEW | |
| BRISTOL-MYERS SQUIBB CO | BMY | $216.9K | 3,765 | -0.01pp | 31q | -13.1%-$32.6K | |
| AT&T INC | T | $213.9K | 10,334 | flat | 31q | +26.6%+$44.9K | |
| FEDEX CORP | FDX | $212.3K | 678 | -0.01pp | 2q | HELD | |
| SHERWIN WILLIAMS CO | SHW | $205.6K | 597 | - | new | NEW | |
| LOCKHEED MARTIN CORP | LMT | $201.2K | 395 | -0.01pp | 5q | -2.2%-$4.6K | |
| FORD MTR CO | F | $145.9K | 10,500 | flat | 31q | HELD | |
| OPKO HEALTH INC | OPK | $38.2K | 25,500 | flat | 4q | +2.0% | |
| SELECT SECTOR SPDR TR | XLRE | $2.9K | 65 | -0.03pp | 8q | -99.2%-$362.8K |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Funds & ETFs | $106.7M | 9.6% |
| Banks & Lending | $89.0M | 8.0% |
| Software & IT Services | $49.3M | 4.4% |
| Semiconductors & Electronics | $42.8M | 3.8% |
| Computer Hardware | $31.6M | 2.8% |
| Retail & Consumer | $29.8M | 2.7% |
| Biotech & Pharma | $19.0M | 1.7% |
| Other sectors | $83.4M | 7.5% |
| Not classified | $664.8M | 59.5% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.1B | 162 | 7 | 39 | 80 | 2 | 55.3% | 31 |
| Q1 2026 | $994.0M | 157 | 1 | 44 | 83 | 3 | 53.9% | 41 |
| Q4 2025 | $1.0B | 159 | 7 | 44 | 79 | 8 | 52.9% | 36 |
| Q3 2025 | $978.0M | 160 | 6 | 31 | 91 | 6 | 54.1% | 21 |
| Q2 2025 | $949.7M | 160 | 8 | 38 | 69 | 3 | 53.0% | 42 |
| Q1 2025 | $894.5M | 155 | 3 | 12 | 92 | 15 | 52.7% | 35 |
| Q4 2024 | $1.1B | 167 | 2 | 39 | 72 | 175 | 48.6% | 45 |
| Q3 2024 | $1.1B | 340 | 15 | 59 | 98 | 11 | 47.1% | 35 |
| Q2 2024 | $1.0B | 336 | 15 | 58 | 116 | 12 | 46.4% | 30 |
| Q1 2024 | $1.0B | 333 | 4 | 47 | 126 | 19 | 45.9% | 51 |
| Q4 2023 | $963.8M | 348 | 23 | 55 | 128 | 19 | 47.3% | 43 |
| Q3 2023 | $853.0M | 344 | 28 | 66 | 121 | 8 | 45.7% | 44 |
| Q2 2023 | $828.9M | 324 | 6 | 55 | 112 | 6 | 46.9% | 40 |
| Q1 2023 | $767.3M | 324 | 7 | 60 | 110 | 12 | 45.9% | 33 |
| Q4 2022 | $737.2K | 329 | 2 | 53 | 99 | 8 | 46.9% | 33 |
| Q3 2022 | $685.6M | 335 | 5 | 36 | 73 | 19 | 47.2% | 38 |
| Q2 2022 | $733.3M | 349 | 27 | 59 | 105 | 31 | 47.6% | 25 |
| Q1 2022 | $835.7M | 353 | 33 | 75 | 78 | 12 | 49.7% | 26 |
| Q4 2021 | $844.9M | 332 | 16 | 67 | 110 | 8 | 48.6% | 28 |
| Q3 2021 | $775.0M | 324 | 11 | 46 | 100 | 13 | 49.6% | 21 |
| Q2 2021 | $788.3M | 326 | 20 | 53 | 116 | 5 | 49.6% | 21 |
| Q1 2021 | $753.7M | 311 | 16 | 64 | 101 | 13 | 49.3% | 30 |
| Q4 2020 | $514.4M | 308 | 17 | 56 | 85 | 7 | 39.1% | 39 |
| Q3 2020 | $473.0M | 298 | 5 | 41 | 128 | 23 | 39.0% | 37 |
| Q2 2020 | $458.6M | 316 | 13 | 53 | 116 | 15 | 40.1% | 27 |
| Q1 2020 | $422.0M | 318 | 15 | 69 | 89 | 8 | 42.4% | 21 |
| Q4 2019 | $513.1M | 311 | 14 | 50 | 118 | 24 | 40.9% | 41 |
| Q3 2019 | $481.7M | 321 | 6 | 42 | 118 | 25 | 39.3% | 28 |
| Q2 2019 | $465.3M | 340 | 27 | 74 | 104 | 18 | 36.5% | 26 |
| Q1 2019 | $431.4M | 331 | 12 | 57 | 94 | 41 | 35.7% | 26 |
| Q4 2018 | $391.0M | 360 | 0 | 0 | 0 | 0 | 35.5% | 35 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.