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 2026
Institutional positions in Arrow Financial Corp as of Mar 31, 2026. 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
- 139
- +8 vs. Q4 2025
- Shares held
- 9.11M
- +581.4K (+6.8%) vs. Q4 2025
- Total value
- $305.7M
- +$42.5M (+16.2%) vs. Q4 2025
- New holders
- 24
- 54 more added
- Sold out
- 16
- 38 more reduced
4 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Arrow Financial Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Arrow Financial Corp | 1,878,839 | $63.1M | 6.35% | +7,104+0.4% | Added |
| BlackRock, Inc. | 1,251,257 | $42.0M | 0.00% | +1710.0% | Added |
| Dimensional Fund Advisors LP | 730,471 | $24.5M | 0.01% | +1,937+0.3% | Added |
| Vanguard Capital Management LLC | 637,527 | $21.4M | 0.00% | +637,527 | New |
| Geode Capital Management, LLC | 370,791 | $12.5M | 0.00% | +7,067+1.9% | Added |
| American Century Companies Inc | 343,256 | $11.5M | 0.01% | +20,292+6.3% | Added |
| State Street Corp | 338,155 | $11.4M | 0.00% | −30,930−8.4% | Reduced |
| Acadian Asset Management LLC | 252,552 | $8.47M | 0.01% | +109,533+76.6% | Added |
| Renaissance Technologies LLC | 230,284 | $7.73M | 0.01% | −21,921−8.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 186,239 | $6.25M | 0.02% | +69,350+59.3% | Added |
| Morgan Stanley | 177,809 | $5.97M | 0.00% | −10,088−5.4% | Reduced |
| Northern Trust Corp | 133,471 | $4.48M | 0.00% | +5,459+4.3% | Added |
| Charles Schwab Investment Management Inc | 122,261 | $4.10M | 0.00% | −5,264−4.1% | Reduced |
| Vanguard Portfolio Management LLC | 121,575 | $4.08M | 0.00% | +121,575 | New |
| Rockefeller Capital Management L.P. | 120,305 | $4.04M | 0.01% | +463+0.4% | Added |
| Arrowstreet Capital, Limited Partnership | 114,449 | $3.84M | 0.00% | +47,752+71.6% | Added |
| Marshall Wace, LLP | 109,416 | $3.67M | 0.00% | +59,029+117.2% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 103,260 | $3.47M | 0.01% | +28,932+38.9% | Added |
| AQR Capital Management LLC | 97,027 | $3.26M | 0.00% | +51,040+111.0% | Added |
| Goldman Sachs Group Inc | 95,413 | $3.20M | 0.00% | +31,334+48.9% | Added |
| Vanguard Fiduciary Trust Co | 91,916 | $3.09M | 0.00% | +91,916 | New |
| Voya Investment Management LLC | 90,626 | $3.04M | 0.00% | −11,279−11.1% | Reduced |
| Two Sigma Investments, LP | 86,517 | $2.90M | 0.00% | +6,143+7.6% | Added |
| Bank of New York Mellon Corp | 84,812 | $2.85M | 0.00% | −1,864−2.2% | Reduced |
| Martingale Asset Management L P | 72,308 | $2.43M | 0.06% | +23,399+47.8% | Added |
| Segall Bryant & Hamill, LLC | 69,103 | $2.32M | 0.03% | −160−0.2% | Reduced |
| Johnson Investment Counsel Inc | 62,192 | $2.09M | 0.02% | +310+0.5% | Added |
| Millennium Management LLC | 49,794 | $1.67M | 0.00% | +18,793+60.6% | Added |
| Nuveen, LLC | 49,167 | $1.65M | 0.00% | +468+1.0% | Added |
| Price T Rowe Associates Inc | 47,986 | $1.61M | 0.00% | +8,388+21.2% | Added |
| UBS Group AG | 44,109 | $1.48M | 0.00% | +39,011+765.2% | Added |
| Los Angeles Capital Management LLC | 41,078 | $1.38M | 0.01% | +22,278+118.5% | Added |
| Qube Research & Technologies Ltd | 37,039 | $1.24M | 0.00% | +37,039 | New |
| HighTower Advisors, LLC | 35,491 | $1.19M | 0.00% | +15,360+76.3% | Added |
| Bank of America Corp | 32,696 | $1.10M | 0.00% | +4,641+16.5% | Added |
| Quantinno Capital Management LP | 30,989 | $1.04M | 0.00% | +4,510+17.0% | Added |
| Lazard Asset Management LLC | 29,628 | $994.6K | 0.00% | +29,628 | New |
| SummerHaven Investment Management, LLC | 27,574 | $925.7K | 0.57% | −3,193−10.4% | Reduced |
| Gallagher Fiduciary Advisors, LLC | 25,695 | $862.6K | 0.03% | −2,725−9.6% | Reduced |
| Atria Investments LLC | 25,611 | $859.8K | 0.01% | −2,726−9.6% | Reduced |
| Private Advisor Group, LLC | 24,396 | $819.0K | 0.00% | 00.0% | Unchanged |
| Integrated Quantitative Investments LLC | 23,973 | $804.8K | 0.15% | +3,644+17.9% | Added |
| Invesco Ltd. | 22,695 | $761.9K | 0.00% | −1,269−5.3% | Reduced |
| Commonwealth Equity Services, LLC | 22,493 | $755.1K | 0.00% | −365−1.6% | Reduced |
| Rhumbline Advisers | 21,110 | $708.7K | 0.00% | −1,021−4.6% | Reduced |
| Jane Street Group, LLC | 21,088 | $707.9K | 0.00% | −21,455−50.4% | Reduced |
| Franklin Resources Inc | 20,863 | $700.4K | 0.00% | +10,099+93.8% | Added |
| US Bancorp | 20,071 | $673.8K | 0.00% | −376−1.8% | Reduced |
| Citadel Advisors LLC | 19,037 | $639.1K | 0.00% | −8,566−31.0% | Reduced |
| Midwest Trust Co | 18,854 | $632.9K | 0.01% | +2,000+11.9% | Added |
| Legato Capital Management LLC | 18,726 | $628.6K | 0.06% | +3,644+24.2% | Added |
| SEI Investments Co | 18,696 | $627.6K | 0.00% | +18,696 | New |
| FMR LLC | 18,132 | $608.7K | 0.00% | +12,777+238.6% | Added |
| Squarepoint Ops LLC | 17,320 | $581.4K | 0.00% | +17,320 | New |
| Susquehanna Fundamental Investments, LLC | 16,502 | $554.0K | 0.02% | +16,502 | New |
| State of Wisconsin Investment Board | 15,499 | $520.3K | 0.00% | 00.0% | Unchanged |
| Alps Advisors Inc | 15,250 | $511.9K | 0.00% | +15,250 | New |
| Creative Planning | 15,043 | $505.0K | 0.00% | +15,043 | New |
| Ameriprise Financial Inc | 14,951 | $501.9K | 0.00% | −739−4.7% | Reduced |
| Alliancebernstein L.P. | 15,638 | $491.0K | 0.00% | 00.0% | Unchanged |
| Edmp, Inc. | 14,237 | $477.9K | 0.39% | 00.0% | Unchanged |
| Deutsche Bank AG | 12,381 | $415.6K | 0.00% | +5,546+81.1% | Added |
| Citizens Financial Group Inc | 11,110 | $373.0K | 0.01% | 00.0% | Unchanged |
| LSV Asset Management | 10,600 | $356.0K | 0.00% | +8,200+341.7% | Added |
| Ieq Capital, LLC | 10,395 | $349.0K | 0.00% | +1,037+11.1% | Added |
| Janney Montgomery Scott LLC | 10,353 | $348.0K | 0.00% | +1,155+12.6% | Added |
| Washington Trust Advisors, Inc. | 10,310 | $346.1K | 0.03% | −800−7.2% | Reduced |
| Hillsdale Investment Management Inc. | 9,960 | $334.4K | 0.01% | +9,700+3,730.8% | Added |
| MetLife Investment Management | 9,861 | $331.0K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 8,764 | $294.2K | 0.00% | −12,103−58.0% | Reduced |
| Mariner, LLC | 8,758 | $294.0K | 0.00% | +1,737+24.7% | Added |
| Delphi Management Inc | 8,590 | $288.0K | 0.34% | +8,590 | New |
| Odyssean, LLC | 8,542 | $286.8K | 0.10% | +8,542 | New |
| Thrivent Financial for Lutherans | 8,459 | $284.0K | 0.00% | +8,459 | New |
| Occudo Quantitative Strategies LP | 7,649 | $281.9K | 0.02% | −1,480−16.2% | Reduced |
| Raymond James Financial Inc | 8,063 | $270.7K | 0.00% | +20+0.2% | Added |
| Angel Oak Capital Advisors, LLC | 8,000 | $268.6K | 0.30% | −3,000−27.3% | Reduced |
| Parr McKnight Wealth Management Group, LLC | 8,000 | $268.6K | 0.04% | −3,000−27.3% | Reduced |
| LPL Financial LLC | 7,785 | $261.3K | 0.00% | −11,738−60.1% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 7,766 | $260.7K | 0.00% | +170+2.2% | Added |
| JPMorgan Chase & Co | 6,976 | $232.6K | 0.00% | −6,978−50.0% | Reduced |
| CI Private Wealth, LLC | 6,744 | $226.4K | 0.00% | +6,744 | New |
| Jacobs Levy Equity Management, Inc | 6,714 | $225.4K | 0.00% | +6,714 | New |
| New York State Common Retirement Fund | 6,651 | $223.3K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 6,093 | $204.5K | 0.00% | −1,103−15.3% | Reduced |
| Vanguard Global Advisers, LLC | 5,136 | $172.4K | 0.00% | +5,136 | New |
| Plante Moran Financial Advisors, LLC | 4,905 | $164.7K | 0.01% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 4,600 | $154.4K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 4,236 | $142.2K | 0.00% | −1,023−19.5% | Reduced |
| CWM, LLC | 3,552 | $119.2K | 0.00% | +991+38.7% | Added |
| Barclays PLC | 3,404 | $114.3K | 0.00% | −21,935−86.6% | Reduced |
| Citigroup Inc | 3,032 | $101.8K | 0.00% | +543+21.8% | Added |
| Advisor Group Holdings, Inc. | 2,594 | $87.1K | 0.00% | +73+2.9% | Added |
| Adirondack Trust Co | 2,456 | $82.4K | 0.03% | 00.0% | Unchanged |
| Royal Bank of Canada | 2,268 | $76.0K | 0.00% | −3,735−62.2% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,745 | $58.6K | 0.01% | −2,300−56.9% | Reduced |
| Great West Life Assurance Co | 1,621 | $54.0K | 0.00% | +64+4.1% | Added |
| Clean Yield Group | 1,458 | $48.9K | 0.01% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 1,432 | $48.1K | 0.00% | −91−6.0% | Reduced |
| Tower Research Capital LLC (TRC) | 1,429 | $48.0K | 0.00% | +1,044+271.2% | Added |