Arrow Financial Corp

AROW

Exchange: Nasdaq
Industry: National Commercial Banks
SEC CIK: 0000717538

SEC filings (opens in a new tab)

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.

Q2 2026 vs. Q1 2026

How the institutions holding Arrow Financial Corp changed between Q1 2026 and Q2 2026.

All holders in Q2 2026 All holders in Q1 2026

13F holders of AROW: Q1 2026 compared with Q2 2026
Measure	Q1 2026	Of which not filed for Q2 2026	Q2 2026	Change
Holders	139	2	147	+10
Shares	9.11M	3.55K	10.7M	+1.58M (+17.4%)
Value	$305.7M	$119.3K	$429.2M	+$123.6M (+40.4%)

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so the changes leave them out.

New holders (25)

Institutions that held Arrow Financial Corp at the end of Q2 2026 but not at the end of Q1 2026.

Institutions new to AROW in Q2 2026
Institution	Shares	Value	% of portfolio
rhino investment partners, Inc	847,563	$26.1M	7.89%
Trust Co of Vermont	54,365	$2.23M	0.08%
Forty-three Eighteen Advisors, LLC	26,826	$1.10M	0.74%
XTX Topco Ltd	16,566	$679.0K	0.01%
Prudential Financial Inc	10,766	$441.3K	0.00%
Sequoia Financial Advisors, LLC	9,798	$401.6K	0.00%
Stifel Financial Corp	8,991	$368.5K	0.00%
IFG Advisory, LLC	7,937	$325.3K	0.01%
Rafferty Asset Management, LLC	7,253	$297.3K	0.00%
Mercer Global Advisors Inc	6,588	$270.0K	0.00%
StoneX Group Inc.	6,739	$256.8K	0.01%
SG Americas Securities, LLC	5,889	$241.0K	0.00%
First Trust Advisors LP	5,826	$238.8K	0.00%
King Wealth	5,718	$234.0K	0.03%
Integrated Wealth Concepts LLC	5,610	$230.0K	0.00%
Aptus Capital Advisors, LLC	5,226	$214.2K	0.00%
One Day In July LLC	5,161	$211.5K	0.01%
Aquatic Capital Management LLC	5,025	$206.0K	0.01%
Manufacturers Life Insurance Company, The	4,920	$201.7K	0.00%
Global Retirement Partners, LLC	821	$33.7K	0.00%
Quarry LP	55	$2.25K	0.00%
Picton Mahoney Asset Management	54	$2.21K	0.00%
Fortitude Family Office, LLC	10	$410	0.00%
Clearstead Advisors, LLC	6	$246	0.00%
SJS Investment Consulting Inc.	1	$41	0.00%

Sold out (15)

Institutions that held Arrow Financial Corp at the end of Q1 2026 and filed for Q2 2026 without it.

Institutions that sold out of AROW in Q2 2026
Institution	Shares, Q1 2026	Value, Q1 2026
Marshall Wace, LLP	109,416	$3.67M
Millennium Management LLC	49,794	$1.67M
Qube Research & Technologies Ltd	37,039	$1.24M
Jane Street Group, LLC	21,088	$707.9K
Hillsdale Investment Management Inc.	9,960	$334.4K
Occudo Quantitative Strategies LP	7,649	$281.9K
Angel Oak Capital Advisors, LLC	8,000	$268.6K
CI Private Wealth, LLC	6,744	$226.4K
Jacobs Levy Equity Management, Inc	6,714	$225.4K
Advisory Services Network, LLC	242	$8.12K
MAI Capital Management	184	$6.18K
Quadrant Capital Group LLC	157	$5.27K
Root Financial Partners, LLC	24	$806
Simplex Trading, LLC	9	$302
City State Bank	9	$302

Not filed for Q2 2026 yet (2)

Institutions that held Arrow Financial Corp at the end of Q1 2026 and haven't filed a 13F for Q2 2026. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding AROW in Q1 2026 that haven't filed for Q2 2026
Institution	Shares, Q1 2026	Value, Q1 2026
CWM, LLC	3,552	$119.2K
Sunbelt Securities, Inc.	2	$67