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, Q4 2025
Institutional positions in Arrow Financial Corp as of Dec 31, 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
- 135
- +19 vs. Q3 2025
- Shares held
- 9.47M
- +996.6K (+11.8%) vs. Q3 2025
- Total value
- $292.8M
- +$53.0M (+22.1%) vs. Q3 2025
- New holders
- 24
- 44 more added
- Sold out
- 5
- 37 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Arrow Financial Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Atria Investments LLC | 28,337 | $889.8K | 0.01% | +2,445+9.4% | Added |
| Gallagher Fiduciary Advisors, LLC | 28,420 | $892.4K | 0.03% | +2,141+8.1% | Added |
| SummerHaven Investment Management, LLC | 30,767 | $966.1K | 0.55% | 00.0% | Unchanged |
| Millennium Management LLC | 31,001 | $973.4K | 0.00% | +1,525+5.2% | Added |
| Price T Rowe Associates Inc | 39,598 | $1.24M | 0.00% | +13,049+49.2% | Added |
| Jane Street Group, LLC | 42,543 | $1.34M | 0.00% | +3,644+9.4% | Added |
| AQR Capital Management LLC | 45,987 | $1.44M | 0.00% | +13,192+40.2% | Added |
| Nuveen, LLC | 48,699 | $1.53M | 0.00% | 00.0% | Unchanged |
| Martingale Asset Management L P | 48,909 | $1.54M | 0.04% | +26,082+114.3% | Added |
| Marshall Wace, LLP | 50,387 | $1.58M | 0.00% | +23,839+89.8% | Added |
| Two Sigma Advisers, LP | 50,419 | $1.58M | 0.00% | +300+0.6% | Added |
| Trust Co of Vermont | 56,365 | $1.77M | 0.07% | −1,000−1.7% | Reduced |
| Johnson Investment Counsel Inc | 61,882 | $1.94M | 0.02% | +1,890+3.2% | Added |
| Goldman Sachs Group Inc | 64,079 | $2.01M | 0.00% | −8,646−11.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 66,697 | $2.09M | 0.00% | +44,131+195.6% | Added |
| Segall Bryant & Hamill, LLC | 69,263 | $2.17M | 0.03% | +69,263 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 74,328 | $2.33M | 0.01% | −3,400−4.4% | Reduced |
| Two Sigma Investments, LP | 80,374 | $2.52M | 0.00% | +18,888+30.7% | Added |
| Bank of New York Mellon Corp | 86,676 | $2.72M | 0.00% | −1,986−2.2% | Reduced |
| Voya Investment Management LLC | 101,905 | $3.20M | 0.00% | −20,272−16.6% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 116,889 | $3.67M | 0.01% | +4,200+3.7% | Added |
| Rockefeller Capital Management L.P. | 119,842 | $3.76M | 0.01% | +511+0.4% | Added |
| Charles Schwab Investment Management Inc | 127,525 | $4.00M | 0.00% | −2,050−1.6% | Reduced |
| Northern Trust Corp | 128,012 | $4.02M | 0.00% | −7,495−5.5% | Reduced |
| Acadian Asset Management LLC | 143,019 | $4.49M | 0.01% | +82,066+134.6% | Added |
| Morgan Stanley | 187,897 | $5.90M | 0.00% | −11,499−5.8% | Reduced |
| Renaissance Technologies LLC | 252,205 | $7.92M | 0.01% | +2,917+1.2% | Added |
| American Century Companies Inc | 322,964 | $10.1M | 0.01% | −1,030−0.3% | Reduced |
| Geode Capital Management, LLC | 363,724 | $11.4M | 0.00% | −7,455−2.0% | Reduced |
| State Street Corp | 369,085 | $11.6M | 0.00% | −7,831−2.1% | Reduced |
| rhino investment partners, Inc | 789,305 | $20.3M | 5.76% | +561,501+246.5% | Added |
| Dimensional Fund Advisors LP | 728,534 | $22.9M | 0.00% | −11,919−1.6% | Reduced |
| Vanguard Group Inc | 876,807 | $27.5M | 0.00% | −12,427−1.4% | Reduced |
| BlackRock, Inc. | 1,251,086 | $39.3M | 0.00% | −16,184−1.3% | Reduced |
| Arrow Financial Corp | 1,871,735 | $58.8M | 5.86% | +14,403+0.8% | Added |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −1,011−100.0% | Sold out |
| Raffa Wealth Management, LLC | 0 | $0 | 0.00% | −45−100.0% | Sold out |
| Halbert Hargrove Global Advisors, LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −59−100.0% | Sold out |
| AllSquare Wealth Management LLC | – | – | – | – | Not filed |