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 |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $28 | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 2 | $57 | 0.00% | +2 | New |
| True Wealth Design, LLC | 8 | $227 | 0.00% | +4+100.0% | Added |
| City State Bank | 9 | $255 | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 10 | $283 | 0.00% | +1+11.1% | Added |
| Massmutual Trust Co FSB | 17 | $481 | 0.00% | 00.0% | Unchanged |
| MAI Capital Management | 23 | $651 | 0.00% | −61−72.6% | Reduced |
| IFP Advisors, Inc | 29 | $821 | 0.00% | +29 | Added |
| Rothschild Investment LLC | 30 | $849 | 0.00% | −20−40.0% | Reduced |
| Simplex Trading, LLC | 59 | $1.00K | 0.00% | +59 | New |
| Advisory Services Network, LLC | 36 | $1.02K | 0.00% | +36 | New |
| Halbert Hargrove Global Advisors, LLC | 40 | $1.13K | 0.00% | +40 | New |
| Raffa Wealth Management, LLC | 45 | $1.27K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 77 | $2.18K | 0.00% | +77 | New |
| SBI Securities Co., Ltd. | 87 | $2.46K | 0.00% | −8−8.4% | Reduced |
| Smartleaf Asset Management LLC | 96 | $2.72K | 0.00% | +96 | New |
| Optiver Holding B.V. | 142 | $4.02K | 0.00% | +142 | New |
| Essential Partners LLC | 151 | $4.27K | 0.00% | +134+788.2% | Added |
| Jones Financial Companies LLLP | 160 | $4.62K | 0.00% | 00.0% | Unchanged |
| AllSquare Wealth Management LLC | 172 | $4.87K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 186 | $5.26K | 0.00% | +186 | New |
| Harbour Investments, Inc. | 320 | $9.06K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 408 | $11.5K | 0.00% | +30+7.9% | Added |
| SRS Capital Advisors, Inc. | 474 | $13.4K | 0.00% | +437+1,181.1% | Added |
| US Bancorp | 502 | $14.2K | 0.00% | 00.0% | Unchanged |
| Quarry LP | 539 | $15.3K | 0.00% | +539 | New |
| Nisa Investment Advisors, LLC | 563 | $15.9K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 567 | $16.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 602 | $17.0K | 0.00% | −1,788−74.8% | Reduced |
| State of Alaska, Department of Revenue | 675 | $19.0K | 0.00% | +675 | New |
| GAMMA Investing LLC | 689 | $19.5K | 0.00% | +71+11.5% | Added |
| EverSource Wealth Advisors, LLC | 705 | $20.0K | 0.00% | +13+1.9% | Added |
| Global Retirement Partners, LLC | 773 | $21.9K | 0.00% | 00.0% | Unchanged |
| Wealthspire Advisors, LLC | 1,011 | $28.6K | 0.00% | +1,011 | New |
| Sterling Capital Management LLC | 1,080 | $30.6K | 0.00% | +638+144.3% | Added |
| California State Teachers Retirement System | 1,191 | $33.7K | 0.00% | +1+0.1% | Added |
| Signaturefd, LLC | 1,196 | $33.8K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 1,219 | $34.0K | 0.00% | −6−0.5% | Reduced |
| Brown, Lisle/Cummings, Inc. | 1,298 | $36.7K | 0.01% | +13+1.0% | Added |
| Citigroup Inc | 1,311 | $37.1K | 0.00% | −5,248−80.0% | Reduced |
| Clean Yield Group | 1,458 | $41.3K | 0.01% | 00.0% | Unchanged |
| Legal & General Group Plc | 1,500 | $42.5K | 0.00% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 1,523 | $43.1K | 0.00% | +1,452+2,045.1% | Added |
| Ameritas Investment Partners, Inc. | 1,663 | $47.1K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,754 | $50.0K | 0.00% | +1,078+159.5% | Added |
| Adirondack Trust Co | 2,456 | $69.5K | 0.02% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 3,224 | $91.2K | 0.00% | +1,612+100.0% | Added |
| Advisor Group Holdings, Inc. | 4,352 | $129.4K | 0.00% | +531+13.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 4,600 | $130.2K | 0.00% | +1,252+37.4% | Added |
| Plante Moran Financial Advisors, LLC | 4,905 | $138.8K | 0.01% | +4,905 | New |
| FMR LLC | 4,958 | $140.3K | 0.00% | +141+2.9% | Added |
| Royal Bank of Canada | 5,432 | $155.0K | 0.00% | −849−13.5% | Reduced |
| NBT Bank N A | 6,315 | $178.7K | 0.01% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 6,651 | $188.2K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 6,835 | $193.4K | 0.00% | −32,614−82.7% | Reduced |
| Trexquant Investment LP | 7,086 | $200.5K | 0.00% | +7,086 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 7,807 | $220.9K | 0.00% | −1,226−13.6% | Reduced |
| IFG Advisory, LLC | 7,937 | $224.6K | 0.01% | 00.0% | Unchanged |
| Brandywine Global Investment Management, LLC | 8,380 | $237.2K | 0.00% | +8,380 | New |
| Janney Montgomery Scott LLC | 8,478 | $240.0K | 0.00% | +8,478 | New |
| First Trust Advisors LP | 9,107 | $257.7K | 0.00% | −47,869−84.0% | Reduced |
| MetLife Investment Management | 9,861 | $279.1K | 0.00% | +9,861 | New |
| Los Angeles Capital Management LLC | 10,450 | $295.7K | 0.00% | 00.0% | Unchanged |
| Waldron Private Wealth LLC | 10,955 | $310.0K | 0.01% | 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 |
| Citizens Financial Group Inc | 11,110 | $314.4K | 0.00% | 00.0% | Unchanged |
| Washington Trust Advisors, Inc. | 11,510 | $325.7K | 0.02% | −800−6.5% | Reduced |
| Wells Fargo & Company | 12,790 | $362.0K | 0.00% | +2,036+18.9% | Added |
| State of Wisconsin Investment Board | 12,999 | $367.9K | 0.00% | −1,100−7.8% | Reduced |
| UBS Group AG | 14,567 | $412.2K | 0.00% | +1,651+12.8% | Added |
| Ameriprise Financial Inc | 15,690 | $444.0K | 0.00% | −10,664−40.5% | Reduced |
| Midwest Trust Co | 16,862 | $477.2K | 0.01% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 17,078 | $483.3K | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 17,524 | $495.9K | 0.00% | −296−1.7% | Reduced |
| Quantinno Capital Management LP | 18,611 | $526.7K | 0.00% | +8,519+84.4% | Added |
| HighTower Advisors, LLC | 19,319 | $546.7K | 0.00% | 00.0% | Unchanged |
| JPMorgan Chase & Co | 20,197 | $571.6K | 0.00% | +3,141+18.4% | Added |
| Arrowstreet Capital, Limited Partnership | 22,566 | $638.6K | 0.00% | 00.0% | Unchanged |
| Martingale Asset Management L P | 22,827 | $646.0K | 0.02% | −4,200−15.5% | Reduced |
| Barclays PLC | 23,196 | $656.4K | 0.00% | −3,864−14.3% | Reduced |
| Commonwealth Equity Services, LLC | 24,543 | $695.0K | 0.00% | −2,820−10.3% | Reduced |
| Rhumbline Advisers | 24,997 | $707.4K | 0.00% | −310−1.2% | Reduced |
| Private Advisor Group, LLC | 25,063 | $709.3K | 0.00% | +70.0% | Added |
| Atria Investments LLC | 25,892 | $732.8K | 0.01% | +380+1.5% | Added |
| Gallagher Fiduciary Advisors, LLC | 26,279 | $743.7K | 0.03% | +260+1.0% | Added |
| Marshall Wace, LLP | 26,548 | $751.3K | 0.00% | +3,249+13.9% | Added |
| Price T Rowe Associates Inc | 26,549 | $752.0K | 0.00% | −7,260−21.5% | Reduced |
| Invesco Ltd. | 29,022 | $821.3K | 0.00% | +3,684+14.5% | Added |
| Millennium Management LLC | 29,476 | $834.2K | 0.00% | +29,476 | New |
| SummerHaven Investment Management, LLC | 30,767 | $870.7K | 0.51% | +30,767 | New |
| AQR Capital Management LLC | 32,795 | $928.1K | 0.00% | +15,609+90.8% | Added |
| Jane Street Group, LLC | 38,899 | $1.10M | 0.00% | +19,167+97.1% | Added |
| Nuveen, LLC | 48,699 | $1.38M | 0.00% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 50,119 | $1.42M | 0.00% | +15,994+46.9% | Added |
| Trust Co of Vermont | 57,365 | $1.62M | 0.07% | 00.0% | Unchanged |
| Johnson Investment Counsel Inc | 59,992 | $1.70M | 0.01% | +370+0.6% | Added |
| Acadian Asset Management LLC | 60,953 | $1.72M | 0.00% | +36,224+146.5% | Added |
| Two Sigma Investments, LP | 61,486 | $1.74M | 0.00% | +13,919+29.3% | Added |
| Goldman Sachs Group Inc | 72,725 | $2.06M | 0.00% | +32,701+81.7% | Added |