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Arrow Financial Corp

AROW
Exchange
Nasdaq
Industry
National Commercial Banks
SEC CIK
0000717538

No open-market purchases or sales by Arrow Financial Corp insiders were filed in the last 90 days; 147 institutions reported holding it in 13F filings for Q2 2026, worth $429.2M in total; no superinvestor holds it.

13F holders, Q1 2023

Institutional positions in Arrow Financial Corp as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
94
0 vs. Q4 2022
Shares held
7.33M
−93.5K (−1.3%) vs. Q4 2022
Total value
$182.6M
−$68.7M (−27.3%) vs. Q4 2022
New holders
12
40 more added
Sold out
12
19 more reduced

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AROW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 94 institutions
Q1 2021: 92 institutionsQ2 2021: 92 institutionsQ3 2021: 92 institutionsQ4 2021: 93 institutionsQ1 2022: 92 institutionsQ2 2022: 93 institutionsQ3 2022: 91 institutionsQ4 2022: 94 institutionsQ1 2023: 94 institutionsQ2 2023: 94 institutionsQ3 2023: 93 institutionsQ4 2023: 110 institutionsQ1 2024: 101 institutionsQ2 2024: 94 institutionsQ3 2024: 105 institutionsQ4 2024: 108 institutionsQ1 2025: 112 institutionsQ2 2025: 107 institutionsQ3 2025: 117 institutionsQ4 2025: 135 institutionsQ1 2026: 139 institutionsQ2 2026: 147 institutions
Value heldQ1 2023: $182.6M
Q1 2021: $220.1MQ2 2021: $242.6MQ3 2021: $239.7MQ4 2021: $246.7MQ1 2022: $231.2MQ2 2022: $224.7MQ3 2022: $209.3MQ4 2022: $251.3MQ1 2023: $182.6MQ2 2023: $149.7MQ3 2023: $128.8MQ4 2023: $215.7MQ1 2024: $194.7MQ2 2024: $211.6MQ3 2024: $238.3MQ4 2024: $245.3MQ1 2025: $225.8MQ2 2025: $224.6MQ3 2025: $239.8MQ4 2025: $292.8MQ1 2026: $305.7MQ2 2026: $429.2M
Institutions holding AROW and their total value by quarter
QuarterHoldersValue
Q2 2026147$429.2M
Q1 2026139$305.7M
Q4 2025135$292.8M
Q3 2025117$239.8M
Q2 2025107$224.6M
Q1 2025112$225.8M
Q4 2024108$245.3M
Q3 2024105$238.3M
Q2 202494$211.6M
Q1 2024101$194.7M
Q4 2023110$215.7M
Q3 202393$128.8M
Q2 202394$149.7M
Q1 202394$182.6M
Q4 202294$251.3M
Q3 202291$209.3M
Q2 202293$224.7M
Q1 202292$231.2M
Q4 202193$246.7M
Q3 202192$239.7M
Q2 202192$242.6M
Q1 202192$220.1M

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Arrow Financial Corp; share changes are against Q4 2022.

Institutions holding AROW in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd11$00.00%−1−8.3%Reduced
Signaturefd, LLC6$1490.00%+6New
US Bancorp8$1990.00%+8New
Parallel Advisors, LLC28$6970.00%+28New
M&R Capital Management Inc126$3.15K0.00%+76+152.0%Added
Spire Wealth Management130$3.24K0.00%00.0%Unchanged
GWM Advisors LLC144$3.59K0.00%00.0%Unchanged
McIlrath & Eck, LLC164$4.08K0.00%00.0%Unchanged
CWM, LLC205$5.00K0.00%+83+68.0%Added
AllSquare Wealth Management LLC206$5.13K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.213$5.31K0.00%00.0%Unchanged
Belpointe Asset Management LLC236$5.88K0.00%00.0%Unchanged
HM Payson & Co269$6.70K0.00%+269New
City State Bank309$8.00K0.00%00.0%Unchanged
Aquatic Capital Management LLC400$10.0K0.00%+400New
Citigroup Inc417$10.4K0.00%−93−18.2%Reduced
Advisor Group Holdings, Inc.578$14.4K0.00%+2+0.3%Added
Tower Research Capital LLC (TRC)634$16.0K0.00%+419+194.9%Added
Lindbrook Capital, LLC656$16.3K0.00%+656New
Metropolitan Life Insurance Co714$17.8K0.00%−207−22.5%Reduced
Nisa Investment Advisors, LLC783$20.0K0.00%00.0%Unchanged
Allspring Global Investments Holdings, LLC865$21.5K0.00%+865New
Quadrant Capital Group LLC1,218$30.3K0.00%+1,218New
Ameritas Investment Partners, Inc.1,228$30.6K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,371$34.2K0.00%00.0%Unchanged
Clean Yield Group1,416$35.3K0.02%00.0%Unchanged
Amalgamated Bank1,463$36.0K0.00%−328−18.3%Reduced
Royal Bank of Canada1,946$49.0K0.00%−269−12.1%Reduced
Brown, Lisle/Cummings, Inc.2,045$50.9K0.03%+21+1.0%Added
Great West Life Assurance Co2,254$56.0K0.00%+196+9.5%Added
Adirondack Retirement Specialists, Inc.5,594$132.8K0.11%00.0%Unchanged
SG Americas Securities, LLC5,663$141.0K0.00%+673+13.5%Added
American International Group, Inc.6,840$170.4K0.00%+136+2.0%Added
Barclays PLC7,176$178.8K0.00%+3,371+88.6%Added
MetLife Investment Management7,569$188.5K0.00%00.0%Unchanged
State Board of Administration of Florida Retirement System8,060$200.8K0.00%00.0%Unchanged
Legal & General Group Plc8,144$202.9K0.00%+822+11.2%Added
First Trust Advisors LP8,257$205.7K0.00%−5,231−38.8%Reduced
LPL Financial LLC8,308$206.9K0.00%+40.0%Added
Deutsche Bank AG8,825$219.8K0.00%+2,293+35.1%Added
BNP Paribas Arbitrage, SA9,350$232.9K0.00%+6,088+186.6%Added
UBS Asset Management Americas Inc9,354$233.0K0.00%+9,354New
New York State Common Retirement Fund9,984$248.7K0.00%00.0%Unchanged
Los Angeles Capital Management LLC10,390$258.8K0.00%00.0%Unchanged
Private Advisor Group, LLC10,661$265.6K0.00%00.0%Unchanged
Creative Planning11,432$284.8K0.00%+1,987+21.0%Added
NBT Bank N A11,436$284.9K0.04%00.0%Unchanged
Teacher Retirement System of Texas11,922$297.0K0.00%+11,922New
Alliancebernstein L.P.12,920$321.8K0.00%−200−1.5%Reduced
Public Employees Retirement Association of Colorado13,216$329.0K0.00%00.0%Unchanged
Credit Suisse AG13,250$330.1K0.00%+40.0%Added
King Wealth13,380$333.0K0.07%+500+3.9%Added
Washington Trust Advisors, Inc.13,797$343.7K0.03%−350−2.5%Reduced
HighTower Advisors, LLC15,208$380.0K0.00%+724+5.0%Added
Martingale Asset Management L P15,377$383.0K0.01%−1,144−6.9%Reduced
Financial Counselors Inc17,102$426.0K0.01%+2,000+13.2%Added
Invesco Ltd.18,687$465.5K0.00%−8,384−31.0%Reduced
JPMorgan Chase & Co18,721$466.9K0.00%+4,823+34.7%Added
California State Teachers Retirement System19,789$492.9K0.00%−221−1.1%Reduced
Bank of America Corp19,991$498.0K0.00%+992+5.2%Added
Adirondack Trust Co20,349$506.7K0.26%00.0%Unchanged
Quadrature Capital Ltd21,621$537.7K0.01%+21,621New
Rhumbline Advisers22,296$555.0K0.00%+339+1.5%Added
Waldron Private Wealth LLC23,258$579.4K0.03%00.0%Unchanged
Citadel Advisors LLC23,351$581.7K0.00%+13,707+142.1%Added
Goldman Sachs Group Inc24,851$619.0K0.00%+14,152+132.3%Added
Price T Rowe Associates Inc24,903$621.0K0.00%+7,604+44.0%Added
M&T Bank Corp25,401$632.7K0.00%−1,790−6.6%Reduced
Ameriprise Financial Inc26,875$669.5K0.00%+145+0.5%Added
Two Sigma Investments, LP35,060$873.3K0.00%+24,509+232.3%Added
Swiss National Bank35,655$888.2K0.00%−4,200−10.5%Reduced
Nuveen Asset Management, LLC37,222$927.0K0.00%−4,072−9.9%Reduced
Trust Co of Vermont37,968$945.8K0.07%00.0%Unchanged
Millennium Management LLC41,237$1.03M0.00%+41,237New
Wells Fargo & Company42,605$1.06M0.00%+1,735+4.2%Added
Two Sigma Advisers, LP47,663$1.19M0.00%+30,800+182.6%Added
Voya Investment Management LLC49,157$1.22M0.00%+42,464+634.5%Added
UBS Group AG56,506$1.41M0.00%−771−1.3%Reduced
Johnson Investment Counsel Inc60,549$1.51M0.02%00.0%Unchanged
First Republic Investment Management, Inc.110,089$2.74M0.01%+443+0.4%Added
Morgan Stanley110,958$2.76M0.00%−4,286−3.7%Reduced
American Century Companies Inc115,809$2.83M0.00%+24,410+26.7%Added
Bank of New York Mellon Corp117,405$2.92M0.00%+895+0.8%Added
Charles Schwab Investment Management Inc117,712$2.93M0.00%+289+0.2%Added
Franklin Resources Inc120,639$3.01M0.00%+12,942+12.0%Added
Northern Trust Corp147,133$3.67M0.00%−18,987−11.4%Reduced
FMR LLC197,245$4.91M0.00%−327,298−62.4%Reduced
Renaissance Technologies LLC284,882$7.10M0.01%+17,585+6.6%Added
Geode Capital Management, LLC289,864$7.22M0.00%+6,048+2.1%Added
State Street Corp408,144$10.2M0.00%+33,564+9.0%Added
Dimensional Fund Advisors LP729,386$18.2M0.01%+18,944+2.7%Added
Vanguard Group Inc783,646$19.5M0.00%+24,936+3.3%Added
BlackRock Inc.1,196,348$29.8M0.00%+3730.0%Added
Arrow Financial Corp1,576,741$39.3M5.12%−22,898−1.4%Reduced
Janney Montgomery Scott LLC0$00.00%−16,495−100.0%Sold out
Acadian Asset Management LLC0$00.00%−12,461−100.0%Sold out
Diversified Portfolios, Inc.0$00.00%−12,170−100.0%Sold out
North Star Investment Management Corp.0$00.00%−8,131−100.0%Sold out
IFG Advisory, LLC0$00.00%−8,040−100.0%Sold out
Savant Capital, LLC0$00.00%−7,850−100.0%Sold out