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, Q3 2025
Institutional positions in Arrow Financial Corp as of Sep 30, 2025. 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
- 117
- +10 vs. Q2 2025
- Shares held
- 8.47M
- −28.4K (−0.3%) vs. Q2 2025
- Total value
- $239.8M
- +$15.2M (+6.8%) vs. Q2 2025
- New holders
- 18
- 39 more added
- Sold out
- 8
- 30 more reduced
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 147 | $429.2M |
| Q1 2026 | 139 | $305.7M |
| Q4 2025 | 135 | $292.8M |
| Q3 2025 | 117 | $239.8M |
| Q2 2025 | 107 | $224.6M |
| Q1 2025 | 112 | $225.8M |
| Q4 2024 | 108 | $245.3M |
| Q3 2024 | 105 | $238.3M |
| Q2 2024 | 94 | $211.6M |
| Q1 2024 | 101 | $194.7M |
| Q4 2023 | 110 | $215.7M |
| Q3 2023 | 93 | $128.8M |
| Q2 2023 | 94 | $149.7M |
| Q1 2023 | 94 | $182.6M |
| Q4 2022 | 94 | $251.3M |
| Q3 2022 | 91 | $209.3M |
| Q2 2022 | 93 | $224.7M |
| Q1 2022 | 92 | $231.2M |
| Q4 2021 | 93 | $246.7M |
| Q3 2021 | 92 | $239.7M |
| Q2 2021 | 92 | $242.6M |
| Q1 2021 | 92 | $220.1M |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Arrow Financial Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Arrow Financial Corp | 1,857,332 | $52.6M | 5.37% | −30,988−1.6% | Reduced |
| BlackRock, Inc. | 1,267,270 | $35.9M | 0.00% | −41,149−3.1% | Reduced |
| Vanguard Group Inc | 889,234 | $25.2M | 0.00% | +17,050+2.0% | Added |
| Dimensional Fund Advisors LP | 740,453 | $21.0M | 0.00% | −6,128−0.8% | Reduced |
| State Street Corp | 376,916 | $10.7M | 0.00% | +3,766+1.0% | Added |
| Geode Capital Management, LLC | 371,179 | $10.5M | 0.00% | −1,299−0.3% | Reduced |
| American Century Companies Inc | 323,994 | $9.17M | 0.00% | −4,683−1.4% | Reduced |
| Renaissance Technologies LLC | 249,288 | $7.05M | 0.01% | −12,517−4.8% | Reduced |
| rhino investment partners, Inc | 227,804 | $6.45M | 2.03% | +27,856+13.9% | Added |
| Morgan Stanley | 199,396 | $5.64M | 0.00% | −12,587−5.9% | Reduced |
| Northern Trust Corp | 135,507 | $3.83M | 0.00% | −1,117−0.8% | Reduced |
| Charles Schwab Investment Management Inc | 129,575 | $3.67M | 0.00% | +2,738+2.2% | Added |
| Voya Investment Management LLC | 122,177 | $3.46M | 0.00% | −24,596−16.8% | Reduced |
| Rockefeller Capital Management L.P. | 119,331 | $3.38M | 0.01% | +506+0.4% | Added |
| Hotchkis & Wiley Capital Management LLC | 112,689 | $3.19M | 0.01% | −9,341−7.7% | Reduced |
| Bank of New York Mellon Corp | 88,662 | $2.51M | 0.00% | +1,150+1.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 77,728 | $2.20M | 0.01% | −1,413−1.8% | Reduced |
| Goldman Sachs Group Inc | 72,725 | $2.06M | 0.00% | +32,701+81.7% | Added |
| Two Sigma Investments, LP | 61,486 | $1.74M | 0.00% | +13,919+29.3% | Added |
| Acadian Asset Management LLC | 60,953 | $1.72M | 0.00% | +36,224+146.5% | Added |
| Johnson Investment Counsel Inc | 59,992 | $1.70M | 0.01% | +370+0.6% | Added |
| Trust Co of Vermont | 57,365 | $1.62M | 0.07% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 50,119 | $1.42M | 0.00% | +15,994+46.9% | Added |
| Nuveen, LLC | 48,699 | $1.38M | 0.00% | 00.0% | Unchanged |
| Jane Street Group, LLC | 38,899 | $1.10M | 0.00% | +19,167+97.1% | Added |
| AQR Capital Management LLC | 32,795 | $928.1K | 0.00% | +15,609+90.8% | Added |
| SummerHaven Investment Management, LLC | 30,767 | $870.7K | 0.51% | +30,767 | New |
| Millennium Management LLC | 29,476 | $834.2K | 0.00% | +29,476 | New |
| Invesco Ltd. | 29,022 | $821.3K | 0.00% | +3,684+14.5% | Added |
| Price T Rowe Associates Inc | 26,549 | $752.0K | 0.00% | −7,260−21.5% | Reduced |
| Marshall Wace, LLP | 26,548 | $751.3K | 0.00% | +3,249+13.9% | Added |
| Gallagher Fiduciary Advisors, LLC | 26,279 | $743.7K | 0.03% | +260+1.0% | Added |
| Atria Investments LLC | 25,892 | $732.8K | 0.01% | +380+1.5% | Added |
| Private Advisor Group, LLC | 25,063 | $709.3K | 0.00% | +70.0% | Added |
| Rhumbline Advisers | 24,997 | $707.4K | 0.00% | −310−1.2% | Reduced |
| Commonwealth Equity Services, LLC | 24,543 | $695.0K | 0.00% | −2,820−10.3% | Reduced |
| Barclays PLC | 23,196 | $656.4K | 0.00% | −3,864−14.3% | Reduced |
| Martingale Asset Management L P | 22,827 | $646.0K | 0.02% | −4,200−15.5% | Reduced |
| Arrowstreet Capital, Limited Partnership | 22,566 | $638.6K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 20,197 | $571.6K | 0.00% | +3,141+18.4% | Added |
| HighTower Advisors, LLC | 19,319 | $546.7K | 0.00% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 18,611 | $526.7K | 0.00% | +8,519+84.4% | Added |
| Bank of America Corp | 17,524 | $495.9K | 0.00% | −296−1.7% | Reduced |
| Alliancebernstein L.P. | 17,078 | $483.3K | 0.00% | 00.0% | Unchanged |
| Midwest Trust Co | 16,862 | $477.2K | 0.01% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 15,690 | $444.0K | 0.00% | −10,664−40.5% | Reduced |
| UBS Group AG | 14,567 | $412.2K | 0.00% | +1,651+12.8% | Added |
| State of Wisconsin Investment Board | 12,999 | $367.9K | 0.00% | −1,100−7.8% | Reduced |
| Wells Fargo & Company | 12,790 | $362.0K | 0.00% | +2,036+18.9% | Added |
| Washington Trust Advisors, Inc. | 11,510 | $325.7K | 0.02% | −800−6.5% | Reduced |
| Citizens Financial Group Inc | 11,110 | $314.4K | 0.00% | 00.0% | Unchanged |
| Angel Oak Capital Advisors, LLC | 11,000 | $311.3K | 0.24% | 00.0% | Unchanged |
| Parr McKnight Wealth Management Group, LLC | 11,000 | $311.3K | 0.04% | 00.0% | Unchanged |
| Waldron Private Wealth LLC | 10,955 | $310.0K | 0.01% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 10,450 | $295.7K | 0.00% | 00.0% | Unchanged |
| MetLife Investment Management | 9,861 | $279.1K | 0.00% | +9,861 | New |
| First Trust Advisors LP | 9,107 | $257.7K | 0.00% | −47,869−84.0% | Reduced |
| Janney Montgomery Scott LLC | 8,478 | $240.0K | 0.00% | +8,478 | New |
| Brandywine Global Investment Management, LLC | 8,380 | $237.2K | 0.00% | +8,380 | New |
| IFG Advisory, LLC | 7,937 | $224.6K | 0.01% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 7,807 | $220.9K | 0.00% | −1,226−13.6% | Reduced |
| Trexquant Investment LP | 7,086 | $200.5K | 0.00% | +7,086 | New |
| Deutsche Bank AG | 6,835 | $193.4K | 0.00% | −32,614−82.7% | Reduced |
| New York State Common Retirement Fund | 6,651 | $188.2K | 0.00% | 00.0% | Unchanged |
| NBT Bank N A | 6,315 | $178.7K | 0.01% | 00.0% | Unchanged |
| Royal Bank of Canada | 5,432 | $155.0K | 0.00% | −849−13.5% | Reduced |
| FMR LLC | 4,958 | $140.3K | 0.00% | +141+2.9% | Added |
| Plante Moran Financial Advisors, LLC | 4,905 | $138.8K | 0.01% | +4,905 | New |
| Police & Firemen's Retirement System of New Jersey | 4,600 | $130.2K | 0.00% | +1,252+37.4% | Added |
| Advisor Group Holdings, Inc. | 4,352 | $129.4K | 0.00% | +531+13.9% | Added |
| BNP Paribas Arbitrage, SA | 3,224 | $91.2K | 0.00% | +1,612+100.0% | Added |
| Adirondack Trust Co | 2,456 | $69.5K | 0.02% | 00.0% | Unchanged |
| CWM, LLC | 1,754 | $50.0K | 0.00% | +1,078+159.5% | Added |
| Ameritas Investment Partners, Inc. | 1,663 | $47.1K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 1,523 | $43.1K | 0.00% | +1,452+2,045.1% | Added |
| Legal & General Group Plc | 1,500 | $42.5K | 0.00% | 00.0% | Unchanged |
| Clean Yield Group | 1,458 | $41.3K | 0.01% | 00.0% | Unchanged |
| Citigroup Inc | 1,311 | $37.1K | 0.00% | −5,248−80.0% | Reduced |
| Brown, Lisle/Cummings, Inc. | 1,298 | $36.7K | 0.01% | +13+1.0% | Added |
| Great West Life Assurance Co | 1,219 | $34.0K | 0.00% | −6−0.5% | Reduced |
| Signaturefd, LLC | 1,196 | $33.8K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 1,191 | $33.7K | 0.00% | +1+0.1% | Added |
| Sterling Capital Management LLC | 1,080 | $30.6K | 0.00% | +638+144.3% | Added |
| Wealthspire Advisors, LLC | 1,011 | $28.6K | 0.00% | +1,011 | New |
| Global Retirement Partners, LLC | 773 | $21.9K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 705 | $20.0K | 0.00% | +13+1.9% | Added |
| GAMMA Investing LLC | 689 | $19.5K | 0.00% | +71+11.5% | Added |
| State of Alaska, Department of Revenue | 675 | $19.0K | 0.00% | +675 | New |
| Tower Research Capital LLC (TRC) | 602 | $17.0K | 0.00% | −1,788−74.8% | Reduced |
| Amalgamated Bank | 567 | $16.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 563 | $15.9K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 539 | $15.3K | 0.00% | +539 | New |
| US Bancorp | 502 | $14.2K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 474 | $13.4K | 0.00% | +437+1,181.1% | Added |
| The PNC Financial Services Group, Inc. | 408 | $11.5K | 0.00% | +30+7.9% | Added |
| Harbour Investments, Inc. | 320 | $9.06K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 186 | $5.26K | 0.00% | +186 | New |
| AllSquare Wealth Management LLC | 172 | $4.87K | 0.00% | 00.0% | Unchanged |
| Jones Financial Companies LLLP | 160 | $4.62K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 151 | $4.27K | 0.00% | +134+788.2% | Added |