13F-HR 1 arrowform13f03312013.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended March 31, 2013 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.):[ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Arrow Investment Advisors, LLC Address: 2943 Olney-Sandy spring Road suite A Olney, MD 20832 Form 13F File Number: 28-13552 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Patrick Bassett Title: Chief Compliance Officer Phone: (301) 260-2934 Signature, Place, and Date of Signing: Patrick Bassett Olney, Maryland May 14, 2013 [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) []13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: [If there are no entries in this list, omit this section.] Form 13F File Number Name [Repeat as necessary.] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 63 Form 13F Information Table Value Total: 435728 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 1 28-12076 Dorsey Wright & Associates [Repeat as necessary.] FORM 13F INFORMATION TABLE NAME OF Titleof Value SHRS/PRNSHRS/ INVSTM Other Voting Authority ISSUER Class Cusip# (x1000) AMT PRN DSCRTN MGRs Sole Shared None BreitBurn COM 106776107 422 21054 SH SOLE 21054 CPFL Energia ADR 126153105 370 17677 SH SOLE 17677 CVR Partners LP COM 126633106 381 15230 SH SOLE 15230 CalumetSpecialtyUNIT LP 131476103 461 12377 SH SOLE 12377 CenturyLink Inc COM 156700106 337 9593 SH SOLE 9593 ChesapeakeGranitCOM 165185109 299 21395 SH SOLE 21395 CommonWealth COM 203233101 525 23412 SH SOLE 23412 RR Donnelley COM 257867101 503 41730 SH SOLE 41730 Ferrellgas UNIT LP 315293100 419 22586 SH SOLE 22586 InlandRealEstateCOM 457461200 447 44257 SH SOLE 44257 ISHARES INC MSCI BELG CAPPE 464286301 9089 640999 SH DEFINED 1 640999 ISHARES INC MSCI EMU INDEX 464286608 12920 395700 SH DEFINED 1 395700 ISHARES INC MSCI PAC J IDX 464286665 14497 291700 SH DEFINED 1 291700 ISHARES INC MSCI SWITZ CAPP 464286749 10432 355300 SH DEFINED 1 355300 ISHARES INC MSCI GERMAN 464286806 9291 379700 SH DEFINED 1 379700 ISHARES INC MSCI MEXICO CAP 464286822 10182 136500 SH DEFINED 1 136500 ISHARES INC MSCI HONG KONG 464286871 9729 490350 SH DEFINED 1 490350 ISHARES TR BARCLAYS 7-10 464287440 37268 347197 SH DEFINED 1 347197 ISHARES TR COHEN&ST RLTY 464287564 17059 206900 SH DEFINED 1 206900 ISHARES TR CONS SRVC IDX 464287580 12433 127370 SH DEFINED 1 127370 ISHARES TR DJ US HEALTH CR 464287762 14053 145750 SH DEFINED 1 145750 ISHARES TR DJUS FINL SEC 464287788 13471 198510 SH DEFINED 1 198510 ISHARES TR S&P EURO PLUS 464287861 12910 325100 SH DEFINED 1 325100 ISHARES TR JPMORGAN USD 464288281 352 3000 SH SOLE 3000 ISHARES TR S&P ASIA 50 IN 464288422 13307 350050 SH DEFINED 1 350050 ISHARES TR HIGH YLD CORP 464288513 547 5800 SH SOLE 5800 Legacy Reserves UNIT LP 5 24707304 451 16331 SH SOLE 16331 MartinMidstream UNIT LP 573331105 474 12303 SH SOLE 12303 Mobile Telesys ADR 607409109 438 21099 SH SOLE 21099 NorthernTier COM 665826103 425 14204 SH SOLE 14204 PAA Natural Gas COM 693139107 439 20527 SH SOLE 20527 PVR Partners LP COM 693665101 352 14601 SH SOLE 14601 Suburban PropaneUNIT LP 864482104 445 10002 SH SOLE 10002 SunCommunities COM 866674104 473 9581 SH SOLE 9581 TerraNitrogenCo COM 881005201 389 1766 SH SOLE 1766 VANGUARDBDINDX SHORT TERM BOND 921937827 35217 434834 SH DEFINED 1 434834 VANGUARDIDXFDS MCAP VL IDXVIP 922908512 60992 907750 SH DEFINED 1 907750 VANGUARDIDX FDS SM CP VAL ETF 922908611 59037 718650 SH DEFINED 1 718650 VANGUARDIDX FDS VALUE ETF 922908744 15321 233550 SH DEFINED 1 233550 Whiting USA TR UNIT 966388100 362 24911 SH SOLE 24911 CheniereEnerLP COM 16411Q101 493 18006 SH SOLE 18006 Energy Tranfer UNIT LP 29273R109 449 8867 SH SOLE 8867 Exterran Partners LP COM 30225N105 484 18418 SH SOLE 18418 Global Partners COM 37946R109 517 14425 SH SOLE 14425 HospitalityProp COM 44106M102 455 16572 SH SOLE 16572 ISHARES TR US TREASURY BD 46429B267 1182 47000 SH SOLE 47000 LRR Energy LP COM 50214A104 392 22251 SH SOLE 22251 Mid-Con Energy COM 59560V109 451 19671 SH SOLE 19671 Natural Resource COM 63900P103 493 21087 SH SOLE 21087 NuStar Energy COM 67058H102 459 8610 SH SOLE 8610 POWERSHRSSETFTR SOVEREIGN DEBT 73936T573 322 10824 SH SOLE 10824 Qr Energy LP UNIT LP 74734R108 418 23641 SH SOLE 23641 SPDR SERIES TR DB INT GVT ETF 78464A490 540 8700 SH SOLE 8700 SandridgePermianCOM 80007A102 320 21848 SH SOLE 21848 SandridgeMsTr COM 80007T101 306 22826 SH SOLE 22826 SELSECSPDRTR SBI HEALTHCARE 81369Y209 16852 366750 SH DEFINED 1 366750 SELSECSPDRTR SBI CONS DISCR 81369Y407 17119 323250 SH DEFINED 1 323250 SELSECSPDRTR SBI INT-FINL 81369Y605 15683 862200 SH DEFINED 1 862200 SeniorHousing SH BEN INT 81721M109 432 16103 SH SOLE 16103 StonemorPart COM 86183Q100 442 17596 SH SOLE 17596 TC Pipelines COM 87233Q108 470 9692 SH SOLE 9692 CapitalProduct COM Y11082107 493 59570 SH SOLE 59570 NaviosMaritime UNITLPI Y62267102 437 30211 SH SOLE 30211 NAVIOSMARITIME UNITLPI Y62267102 149 12114 SH SOLE 12114