# ARKANSAS FINANCIAL GROUP, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 764611. Source: https://holderbook.com/funds/764611-arkansas-financial-group-inc/

- Reported value: $767.6M
- Positions: 97
- Weight of the ten largest: 61.5%
- Filed: 2026-07-20

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 |
|---|---|---|---|---|---|
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $111.5M | 213,367 | 14.5% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $69.2M | 896,833 | 9.0% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $48.6M | 602,670 | 6.3% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $48.5M | 65,851 | 6.3% | 21 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $47.6M | 63,594 | 6.2% | 31 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $44.4M | 1,479,226 | 5.8% | 17 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $30.5M | 581,391 | 4.0% | 31 |
| SPDR SERIES TRUST | [SPBO](https://holderbook.com/stocks/SPBO/) | $28.0M | 962,946 | 3.6% | 17 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $23.5M | 441,461 | 3.1% | 31 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $20.3M | 198,408 | 2.6% | 15 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $18.6M | 174,286 | 2.4% | 15 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $18.5M | 155,103 | 2.4% | 26 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $18.5M | 180,464 | 2.4% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FDM](https://holderbook.com/stocks/FDM/) | $15.1M | 162,503 | 2.0% | 15 |
| ISHARES TR | [IYG](https://holderbook.com/stocks/IYG/) | $11.8M | 130,414 | 1.5% | 26 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $11.5M | 105,166 | 1.5% | 31 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $10.5M | 156,064 | 1.4% | 16 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $9.9M | 200,285 | 1.3% | 29 |
| ISHARES TR | [IWC](https://holderbook.com/stocks/IWC/) | $9.6M | 47,956 | 1.2% | 31 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $9.4M | 163,513 | 1.2% | 15 |
| FIDELITY COMWLTH TR | [ONEQ](https://holderbook.com/stocks/ONEQ/) | $9.2M | 89,482 | 1.2% | 15 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $7.6M | 25,192 | 1.0% | 9 |
| FLEXSHARES TR | [GUNR](https://holderbook.com/stocks/GUNR/) | $7.5M | 151,996 | 1.0% | 28 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $7.3M | 202,394 | 1.0% | 26 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $7.3M | 150,290 | 0.9% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.9M | 9,232 | 0.9% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $6.8M | 46,150 | 0.9% | 31 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $6.0M | 135,858 | 0.8% | 16 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $5.8M | 115,540 | 0.8% | 28 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $5.4M | 29,721 | 0.7% | 12 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $5.3M | 52,304 | 0.7% | 26 |
| J P MORGAN EXCHANGE TRADED F | [JPIB](https://holderbook.com/stocks/JPIB/) | $5.0M | 103,507 | 0.7% | 4 |
| FIRST TR EXCHANGE TRADED FD | [FIW](https://holderbook.com/stocks/FIW/) | $4.9M | 44,810 | 0.6% | 10 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $4.8M | 44,980 | 0.6% | 31 |
| ISHARES TR | [REZ](https://holderbook.com/stocks/REZ/) | $4.0M | 42,293 | 0.5% | 15 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $3.9M | 40,459 | 0.5% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.9M | 51,203 | 0.5% | 12 |
| ISHARES TR | [ISTB](https://holderbook.com/stocks/ISTB/) | $3.5M | 71,606 | 0.5% | 31 |
| DAVIS FUNDAMENTAL ETF TR | [DFNL](https://holderbook.com/stocks/DFNL/) | $3.4M | 69,802 | 0.4% | 31 |
| FIRST TR EXCH TRADED FD III | [FMB](https://holderbook.com/stocks/FMB/) | $3.3M | 63,304 | 0.4% | 17 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.3M | 33,659 | 0.4% | 26 |
| INVESCO EXCHANGE TRADED FD T | [RSPF](https://holderbook.com/stocks/RSPF/) | $2.8M | 36,356 | 0.4% | 23 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.4M | 8,401 | 0.3% | 25 |
| SPDR SERIES TRUST | [XSD](https://holderbook.com/stocks/XSD/) | $2.4M | 3,858 | 0.3% | 15 |
| ISHARES TR | [IHE](https://holderbook.com/stocks/IHE/) | $2.3M | 23,489 | 0.3% | 9 |
| ISHARES U S ETF TR | [COMT](https://holderbook.com/stocks/COMT/) | $1.9M | 60,946 | 0.2% | 9 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $1.8M | 48,291 | 0.2% | 31 |
| ISHARES TR | [IGE](https://holderbook.com/stocks/IGE/) | $1.6M | 29,175 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.6M | 57,194 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $1.6M | 59,649 | 0.2% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.5M | 3,001 | 0.2% | 21 |
| UNITED STS COMMODITY INDEX F | [USCI](https://holderbook.com/stocks/USCI/) | $1.5M | 15,955 | 0.2% | 4 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $1.4M | 11,493 | 0.2% | 15 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $1.3M | 22,848 | 0.2% | 11 |
| HARTFORD FDS EXCHANGE TRADED | [HMOP](https://holderbook.com/stocks/HMOP/) | $1.3M | 33,375 | 0.2% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $1.2M | 13,254 | 0.2% | 26 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.2M | 12,288 | 0.2% | 31 |
| WESTROCK COFFEE CO | [WEST](https://holderbook.com/stocks/WEST/) | $1.0M | 127,483 | 0.1% | 4 |
| ISHARES TR | [IEUR](https://holderbook.com/stocks/IEUR/) | $1.0M | 13,396 | 0.1% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $933.7K | 8,244 | 0.1% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $873.1K | 2,667 | 0.1% | 24 |
| VANECK ETF TRUST | [MOO](https://holderbook.com/stocks/MOO/) | $806.2K | 10,179 | 0.1% | 28 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $787.1K | 4,105 | 0.1% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $754.2K | 2,022 | 0.1% | 23 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $735.3K | 7,625 | 0.1% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $685.9K | 8,280 | 0.1% | 27 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $645.5K | 9,554 | 0.1% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $633.4K | 2,658 | 0.1% | 10 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $591.1K | 1,879 | 0.1% | 24 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $530.0K | 2,649 | 0.1% | 5 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $491.0K | 8,898 | 0.1% | 4 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $478.0K | 1,882 | 0.1% | 26 |
| ISHARES INC | [RING](https://holderbook.com/stocks/RING/) | $471.7K | 7,302 | 0.1% | 4 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $450.2K | 10,223 | 0.1% | 4 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $446.1K | 6,713 | 0.1% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $439.0K | 366 | 0.1% | 1 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $438.4K | 3,733 | 0.1% | 6 |
| BANK OZK LITTLE ROCK ARK | [OZK](https://holderbook.com/stocks/OZK/) | $438.1K | 8,410 | 0.1% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $436.0K | 1,733 | 0.1% | 19 |
| ISHARES TR | [IPAC](https://holderbook.com/stocks/IPAC/) | $413.3K | 5,045 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $372.3K | 542 | 0.0% | 2 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $349.6K | 4,668 | 0.0% | 13 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $327.0K | 866 | 0.0% | 4 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $326.9K | 5,542 | 0.0% | 4 |
| VANECK ETF TRUST | [EMLC](https://holderbook.com/stocks/EMLC/) | $325.2K | 12,722 | 0.0% | 4 |
| WISDOMTREE TR | [ELD](https://holderbook.com/stocks/ELD/) | $322.3K | 11,231 | 0.0% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $299.8K | 1,109 | 0.0% | 15 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $295.7K | 5,559 | 0.0% | 3 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $286.0K | 2,930 | 0.0% | 5 |
| HOME BANCSHARES INC | [HOMB](https://holderbook.com/stocks/HOMB/) | $260.6K | 9,127 | 0.0% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $255.0K | 1,865 | 0.0% | 23 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $253.0K | 602 | 0.0% | 4 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $243.8K | 766 | 0.0% | 2 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $239.4K | 2,915 | 0.0% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $231.2K | 647 | 0.0% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $218.2K | 776 | 0.0% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $211.2K | 969 | 0.0% | 1 |

## 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 | +10.1% | +14.8% | -4.7% | 97% |
| Q1 2026 | -1.4% | -4.6% | +3.3% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.0% | 100% |
| Q3 2025 | +4.6% | +7.8% | -3.3% | 100% |
| Q2 2025 | +5.4% | +10.5% | -5.0% | 105% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | -0.7% | +2.1% | -2.9% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $767.6M | 97 |
| Q1 2026 | $717.0M | 94 |
| Q4 2025 | $693.6M | 92 |
| Q3 2025 | $679.4M | 93 |
| Q2 2025 | $643.9M | 80 |
| Q1 2025 | $578.3M | 77 |
| Q4 2024 | $619.1M | 75 |
| Q3 2024 | $610.4M | 78 |
| Q2 2024 | $561.6M | 76 |
| Q1 2024 | $568.2M | 69 |
| Q4 2023 | $540.9M | 67 |
| Q3 2023 | $491.0M | 65 |