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 |
|---|---|---|---|---|---|
| Gallagher Fiduciary Advisors, LLC | 25,695 | $862.6K | 0.03% | −2,725−9.6% | Reduced |
| SummerHaven Investment Management, LLC | 27,574 | $925.7K | 0.57% | −3,193−10.4% | Reduced |
| Lazard Asset Management LLC | 29,628 | $994.6K | 0.00% | +29,628 | New |
| Quantinno Capital Management LP | 30,989 | $1.04M | 0.00% | +4,510+17.0% | Added |
| Bank of America Corp | 32,696 | $1.10M | 0.00% | +4,641+16.5% | Added |
| HighTower Advisors, LLC | 35,491 | $1.19M | 0.00% | +15,360+76.3% | Added |
| Qube Research & Technologies Ltd | 37,039 | $1.24M | 0.00% | +37,039 | New |
| Los Angeles Capital Management LLC | 41,078 | $1.38M | 0.01% | +22,278+118.5% | Added |
| UBS Group AG | 44,109 | $1.48M | 0.00% | +39,011+765.2% | Added |
| Price T Rowe Associates Inc | 47,986 | $1.61M | 0.00% | +8,388+21.2% | Added |
| Nuveen, LLC | 49,167 | $1.65M | 0.00% | +468+1.0% | Added |
| Millennium Management LLC | 49,794 | $1.67M | 0.00% | +18,793+60.6% | Added |
| Johnson Investment Counsel Inc | 62,192 | $2.09M | 0.02% | +310+0.5% | Added |
| Segall Bryant & Hamill, LLC | 69,103 | $2.32M | 0.03% | −160−0.2% | Reduced |
| Martingale Asset Management L P | 72,308 | $2.43M | 0.06% | +23,399+47.8% | Added |
| Bank of New York Mellon Corp | 84,812 | $2.85M | 0.00% | −1,864−2.2% | Reduced |
| Two Sigma Investments, LP | 86,517 | $2.90M | 0.00% | +6,143+7.6% | Added |
| Voya Investment Management LLC | 90,626 | $3.04M | 0.00% | −11,279−11.1% | Reduced |
| Vanguard Fiduciary Trust Co | 91,916 | $3.09M | 0.00% | +91,916 | New |
| Goldman Sachs Group Inc | 95,413 | $3.20M | 0.00% | +31,334+48.9% | Added |
| AQR Capital Management LLC | 97,027 | $3.26M | 0.00% | +51,040+111.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 103,260 | $3.47M | 0.01% | +28,932+38.9% | Added |
| Marshall Wace, LLP | 109,416 | $3.67M | 0.00% | +59,029+117.2% | Added |
| Arrowstreet Capital, Limited Partnership | 114,449 | $3.84M | 0.00% | +47,752+71.6% | Added |
| Rockefeller Capital Management L.P. | 120,305 | $4.04M | 0.01% | +463+0.4% | Added |
| Vanguard Portfolio Management LLC | 121,575 | $4.08M | 0.00% | +121,575 | New |
| Charles Schwab Investment Management Inc | 122,261 | $4.10M | 0.00% | −5,264−4.1% | Reduced |
| Northern Trust Corp | 133,471 | $4.48M | 0.00% | +5,459+4.3% | Added |
| Morgan Stanley | 177,809 | $5.97M | 0.00% | −10,088−5.4% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 186,239 | $6.25M | 0.02% | +69,350+59.3% | Added |
| Renaissance Technologies LLC | 230,284 | $7.73M | 0.01% | −21,921−8.7% | Reduced |
| Acadian Asset Management LLC | 252,552 | $8.47M | 0.01% | +109,533+76.6% | Added |
| State Street Corp | 338,155 | $11.4M | 0.00% | −30,930−8.4% | Reduced |
| American Century Companies Inc | 343,256 | $11.5M | 0.01% | +20,292+6.3% | Added |
| Geode Capital Management, LLC | 370,791 | $12.5M | 0.00% | +7,067+1.9% | Added |
| Vanguard Capital Management LLC | 637,527 | $21.4M | 0.00% | +637,527 | New |
| Dimensional Fund Advisors LP | 730,471 | $24.5M | 0.01% | +1,937+0.3% | Added |
| BlackRock, Inc. | 1,251,257 | $42.0M | 0.00% | +1710.0% | Added |
| Arrow Financial Corp | 1,878,839 | $63.1M | 6.35% | +7,104+0.4% | Added |
| rhino investment partners, Inc | 0 | $0 | 0.00% | −789,305−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −50,419−100.0% | Sold out |
| Waldron Private Wealth LLC | 0 | $0 | 0.00% | −10,955−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −9,563−100.0% | Sold out |
| PharVision Advisers, LLC | 0 | $0 | 0.00% | −9,559−100.0% | Sold out |
| O'Shaughnessy Asset Management, LLC | 0 | $0 | 0.00% | −8,347−100.0% | Sold out |
| IFG Advisory, LLC | 0 | $0 | 0.00% | −7,937−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −7,642−100.0% | Sold out |
| First Trust Advisors LP | 0 | $0 | 0.00% | −6,511−100.0% | Sold out |
| NBT Bank N A | 0 | $0 | 0.00% | −6,315−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −4,521−100.0% | Sold out |
| Canada Pension Plan Investment Board | 0 | $0 | 0.00% | −3,200−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −642−100.0% | Sold out |
| Amalgamated Bank | 0 | $0 | 0.00% | −512−100.0% | Sold out |
| Torren Management, LLC | 0 | $0 | 0.00% | −22−100.0% | Sold out |
| Clearstead Advisors, LLC | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Vanguard Group Inc | – | – | – | – | Not filed |
| Trust Co of Vermont | – | – | – | – | Not filed |
| Brandywine Global Investment Management, LLC | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |