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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 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.

Institutional holdersQ1 2026: 139 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 2026: $305.7M
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 2026

Shares, value and share of portfolio for each institution holding Arrow Financial Corp; share changes are against Q4 2025.

Institutions holding AROW in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Covestor Ltd2$00.00%+2New
Huntington National Bank1$340.00%00.0%Unchanged
Sunbelt Securities, Inc.2$670.00%00.0%Unchanged
JPL Wealth Management, LLC2$680.00%+2New
Larson Financial Group LLC6$2010.00%+6New
City State Bank9$3020.00%00.0%Unchanged
Simplex Trading, LLC9$3020.00%+9New
True Wealth Design, LLC11$3700.00%+1+10.0%Added
Nisa Investment Advisors, LLC15$5040.00%−548−97.3%Reduced
Massmutual Trust Co FSB17$5710.00%00.0%Unchanged
Basecamp Wealth Advisors LLC22$7390.00%+22New
Root Financial Partners, LLC24$8060.00%+24New
IFP Advisors, Inc29$9740.00%00.0%Unchanged
SBI Securities Co., Ltd.67$2.25K0.00%−3−4.3%Reduced
Parallel Advisors, LLC79$2.65K0.00%+60+315.8%Added
Essential Partners LLC90$3.02K0.00%−79−46.7%Reduced
Rothschild Investment LLC94$3.16K0.00%+46+95.8%Added
Smartleaf Asset Management LLC96$3.20K0.00%00.0%Unchanged
Farther Finance Advisors, LLC95$3.23K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.139$4.67K0.00%+36+35.0%Added
Allworth Financial LP144$4.83K0.00%+126+700.0%Added
Quadrant Capital Group LLC157$5.27K0.00%+103+190.7%Added
Jones Financial Companies LLLP160$5.28K0.00%00.0%Unchanged
Brown Brothers Harriman & Co166$5.57K0.00%00.0%Unchanged
Optiver Holding B.V.166$5.57K0.00%+24+16.9%Added
MAI Capital Management184$6.18K0.00%+153+493.5%Added
Advisory Services Network, LLC242$8.12K0.00%+242New
Harbour Investments, Inc.320$10.7K0.00%00.0%Unchanged
GAMMA Investing LLC465$15.6K0.00%−25−5.1%Reduced
The PNC Financial Services Group, Inc.515$17.3K0.00%+17+3.4%Added
Sterling Capital Management LLC517$17.4K0.00%−379−42.3%Reduced
UBS Asset Management Americas Inc585$19.6K0.00%+585New
State of Alaska, Department of Revenue675$22.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC679$22.8K0.00%+17+2.6%Added
California State Teachers Retirement System881$29.6K0.00%−122−12.2%Reduced
Signaturefd, LLC1,150$38.6K0.00%−19−1.6%Reduced
Brown, Lisle/Cummings, Inc.1,322$44.4K0.01%+12+0.9%Added
Ameritas Investment Partners, Inc.1,323$44.4K0.00%00.0%Unchanged
Legal & General Group Plc1,343$45.1K0.00%−157−10.5%Reduced
Tower Research Capital LLC (TRC)1,429$48.0K0.00%+1,044+271.2%Added
Russell Investments Group, Ltd.1,432$48.1K0.00%−91−6.0%Reduced
Clean Yield Group1,458$48.9K0.01%00.0%Unchanged
Great West Life Assurance Co1,621$54.0K0.00%+64+4.1%Added
Pinnacle Wealth Planning Services, Inc.1,745$58.6K0.01%−2,300−56.9%Reduced
Royal Bank of Canada2,268$76.0K0.00%−3,735−62.2%Reduced
Adirondack Trust Co2,456$82.4K0.03%00.0%Unchanged
Advisor Group Holdings, Inc.2,594$87.1K0.00%+73+2.9%Added
Citigroup Inc3,032$101.8K0.00%+543+21.8%Added
Barclays PLC3,404$114.3K0.00%−21,935−86.6%Reduced
CWM, LLC3,552$119.2K0.00%+991+38.7%Added
BNP Paribas Arbitrage, SA4,236$142.2K0.00%−1,023−19.5%Reduced
Police & Firemen's Retirement System of New Jersey4,600$154.4K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC4,905$164.7K0.01%00.0%Unchanged
Vanguard Global Advisers, LLC5,136$172.4K0.00%+5,136New
Intech Investment Management LLC6,093$204.5K0.00%−1,103−15.3%Reduced
New York State Common Retirement Fund6,651$223.3K0.00%00.0%Unchanged
Jacobs Levy Equity Management, Inc6,714$225.4K0.00%+6,714New
CI Private Wealth, LLC6,744$226.4K0.00%+6,744New
JPMorgan Chase & Co6,976$232.6K0.00%−6,978−50.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.7,766$260.7K0.00%+170+2.2%Added
LPL Financial LLC7,785$261.3K0.00%−11,738−60.1%Reduced
Angel Oak Capital Advisors, LLC8,000$268.6K0.30%−3,000−27.3%Reduced
Parr McKnight Wealth Management Group, LLC8,000$268.6K0.04%−3,000−27.3%Reduced
Raymond James Financial Inc8,063$270.7K0.00%+20+0.2%Added
Occudo Quantitative Strategies LP7,649$281.9K0.02%−1,480−16.2%Reduced
Thrivent Financial for Lutherans8,459$284.0K0.00%+8,459New
Odyssean, LLC8,542$286.8K0.10%+8,542New
Delphi Management Inc8,590$288.0K0.34%+8,590New
Mariner, LLC8,758$294.0K0.00%+1,737+24.7%Added
Wells Fargo & Company8,764$294.2K0.00%−12,103−58.0%Reduced
MetLife Investment Management9,861$331.0K0.00%00.0%Unchanged
Hillsdale Investment Management Inc.9,960$334.4K0.01%+9,700+3,730.8%Added
Washington Trust Advisors, Inc.10,310$346.1K0.03%−800−7.2%Reduced
Janney Montgomery Scott LLC10,353$348.0K0.00%+1,155+12.6%Added
Ieq Capital, LLC10,395$349.0K0.00%+1,037+11.1%Added
LSV Asset Management10,600$356.0K0.00%+8,200+341.7%Added
Citizens Financial Group Inc11,110$373.0K0.01%00.0%Unchanged
Deutsche Bank AG12,381$415.6K0.00%+5,546+81.1%Added
Edmp, Inc.14,237$477.9K0.39%00.0%Unchanged
Alliancebernstein L.P.15,638$491.0K0.00%00.0%Unchanged
Ameriprise Financial Inc14,951$501.9K0.00%−739−4.7%Reduced
Creative Planning15,043$505.0K0.00%+15,043New
Alps Advisors Inc15,250$511.9K0.00%+15,250New
State of Wisconsin Investment Board15,499$520.3K0.00%00.0%Unchanged
Susquehanna Fundamental Investments, LLC16,502$554.0K0.02%+16,502New
Squarepoint Ops LLC17,320$581.4K0.00%+17,320New
FMR LLC18,132$608.7K0.00%+12,777+238.6%Added
SEI Investments Co18,696$627.6K0.00%+18,696New
Legato Capital Management LLC18,726$628.6K0.06%+3,644+24.2%Added
Midwest Trust Co18,854$632.9K0.01%+2,000+11.9%Added
Citadel Advisors LLC19,037$639.1K0.00%−8,566−31.0%Reduced
US Bancorp20,071$673.8K0.00%−376−1.8%Reduced
Franklin Resources Inc20,863$700.4K0.00%+10,099+93.8%Added
Jane Street Group, LLC21,088$707.9K0.00%−21,455−50.4%Reduced
Rhumbline Advisers21,110$708.7K0.00%−1,021−4.6%Reduced
Commonwealth Equity Services, LLC22,493$755.1K0.00%−365−1.6%Reduced
Invesco Ltd.22,695$761.9K0.00%−1,269−5.3%Reduced
Integrated Quantitative Investments LLC23,973$804.8K0.15%+3,644+17.9%Added
Private Advisor Group, LLC24,396$819.0K0.00%00.0%Unchanged
Atria Investments LLC25,611$859.8K0.01%−2,726−9.6%Reduced