Arrow FinancialAROW

13F holders, Q4 2025 (December 31)
135holders +18
23new positions
5sold out
4famous investors
$30.92avg. 13F price*

At the end of Q4 2025, 135 institutions reported holding Arrow Financial Corp. (AROW) in their 13F filings, up 18 from Q3 2025. 23 opened new positions and 5 sold out. The largest holders were Arrow Financial Corp ($58.8M), BlackRock, Inc. ($39.3M) and Vanguard Group Inc. ($27.5M). 4 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).

Company
Arrow Financial Corp.
CUSIP
042744102
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150 Q1 2024: 101Q1 2024Q2 2024: 94Q2 2024Q3 2024: 105Q3 2024Q4 2024: 108Q4 2024Q1 2025: 112Q1 2025Q2 2025: 106Q2 2025Q3 2025: 117Q3 2025Q4 2025: 135Q4 2025Q1 2026: 139Q1 2026Q2 2026: 147Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions23$8.1M
Exits5$33K

All 13F filers, Q3 2025 → Q4 2025: 1,145,178 shares bought and 148,632 shares sold, net +996,546 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 135 holders

Arrow Financial Corp 5.86% Add +0.8% 1,871,735 $58.8M
BlackRock, Inc. 0.00% Reduce -1.3% 1,251,086 $39.3M
Vanguard Group Inc. 0.00% Reduce -1.4% 876,807 $27.5M
Dimensional Fund Advisors LP 0.00% Reduce -1.6% 728,534 $22.9M
Rhino Investment Partners, Inc 5.76% Add +246.5% 789,305 $20.3M
State Street Corp. 0.00% Reduce -2.1% 369,085 $11.6M
Geode Capital Management, LLC 0.00% Reduce -2.0% 363,724 $11.4M
American Century Companies Inc. 0.01% Reduce -0.3% 322,964 $10.1M
Renaissance Technologies 0.01% Add +1.2% 252,205 $7.9M
Morgan Stanley 0.00% Reduce -5.8% 187,897 $5.9M
Acadian Asset Management LLC 0.01% Add +134.6% 143,019 $4.5M
Northern Trust Corp. 0.00% Reduce -5.5% 128,012 $4.0M
Charles Schwab Investment Management Inc. 0.00% Reduce -1.6% 127,525 $4.0M
Rockefeller Capital Management L.P. 0.01% Add +0.4% 119,842 $3.8M
Hotchkis & Wiley Capital Management LLC 0.01% Add +3.7% 116,889 $3.7M
Voya Investment Management LLC 0.00% Reduce -16.6% 101,905 $3.2M
Bank of New York Mellon Corp 0.00% Reduce -2.2% 86,676 $2.7M
Two Sigma Investments, LP 0.00% Add +30.7% 80,374 $2.5M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -4.4% 74,328 $2.3M
Segall Bryant & Hamill, LLC 0.03% New 69,263 $2.2M
Arrowstreet Capital, Limited Partnership 0.00% Add +195.6% 66,697 $2.1M
Goldman Sachs Group Inc. 0.00% Reduce -11.9% 64,079 $2.0M
Johnson Investment Counsel Inc. 0.02% Add +3.1% 61,882 $1.9M
Trust Co. of Vermont 0.07% Reduce -1.7% 56,365 $1.8M
Two Sigma Advisers, LP 0.00% Add +0.6% 50,419 $1.6M
Marshall Wace, LLP 0.00% Add +89.8% 50,387 $1.6M
Martingale Asset Management L P 0.04% Add +114.3% 48,909 $1.5M
Nuveen, LLC 0.00% No change 48,699 $1.5M
AQR Capital Management 0.00% Add +40.2% 45,987 $1.4M
Jane Street Group, LLC 0.00% Add +9.4% 42,543 $1.3M
T. Rowe Price Associates Inc. 0.00% Add +49.1% 39,598 $1.2M
Millennium Management 0.00% Add +5.2% 31,001 $973K
SummerHaven Investment Management, LLC 0.55% No change 30,767 $966K
Gallagher Fiduciary Advisors, LLC 0.03% Add +8.2% 28,420 $892K
Atria Investments, Inc 0.01% Add +9.4% 28,337 $890K
Bank of America Corp. 0.00% Add +60.1% 28,055 $881K
Citadel Advisors 0.00% New 27,603 $867K
Quantinno Capital Management LP 0.00% Add +42.3% 26,479 $831K
Barclays PLC 0.00% Add +9.2% 25,339 $796K
Private Advisor Group, LLC 0.00% Reduce -2.7% 24,396 $766K
Invesco Ltd. 0.00% Reduce -17.4% 23,964 $752K
Commonwealth Equity Services, LLC 0.00% Reduce -6.9% 22,858 $718K
Rhumbline Advisers 0.00% Reduce -11.5% 22,131 $695K
Wells Fargo & Company 0.00% Add +63.1% 20,867 $655K
US Bancorp \de 0.00% Add +3973.1% 20,447 $642K
Integrated Quantitative Investments LLC 0.14% New 20,329 $638K
HighTower Advisors, LLC 0.00% Add +4.2% 20,131 $632K
LPL Financial LLC 0.00% New 19,523 $613K
Midwest Trust Co 0.01% Reduce -0.1% 16,854 $529K
Los Angeles Capital Management LLC 0.00% Add +79.9% 18,800 $510K
Ameriprise Financial Inc. 0.00% No change 15,690 $493K
Alliancebernstein L.P. 0.00% Reduce -8.4% 15,638 $491K
State of Wisconsin Investment Board 0.00% Add +19.2% 15,499 $487K
Legato Capital Management LLC 0.04% New 15,082 $474K
Edmp, Inc. 0.37% New 14,237 $447K
JPMorgan Chase & Co. 0.00% Reduce -30.9% 13,954 $438K
Washington Trust Advisors, Inc. 0.03% Reduce -3.5% 11,110 $349K
Citizens Financial Group Inc. 0.00% No change 11,110 $349K
Angel Oak Capital Advisors, LLC 0.50% No change 11,000 $345K
Parr McKnight Wealth Management Group, LLC 0.05% No change 11,000 $345K
Waldron Private Wealth LLC 0.01% No change 10,955 $344K
Franklin Resources Inc. 0.00% New 10,764 $338K
Brandywine Global Investment Management, LLC 0.00% Add +20.5% 10,100 $317K
MetLife Investment Management, LLC 0.00% No change 9,861 $310K
Trexquant Investment LP 0.00% Add +35.0% 9,563 $300K
PharVision Advisers, LLC 0.15% New 9,559 $300K
Ieq Capital, LLC 0.00% New 9,358 $294K
Janney Montgomery Scott LLC 0.00% Add +8.5% 9,198 $289K
Occudo Quantitative Strategies LP 0.02% New 9,129 $287K
O'shaughnessy Asset Management, LLC 0.00% New 8,347 $262K
Raymond James Financial Inc. 0.00% New 8,043 $253K
IFG Advisory, LLC 0.01% No change 7,937 $249K
XTX Topco Ltd 0.01% New 7,642 $240K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -2.7% 7,596 $239K
Intech Investment Management LLC 0.00% New 7,196 $226K
Mariner, LLC 0.00% New 7,021 $221K
Deutsche Bank AG 0.00% No change 6,835 $215K
New York State Common Retirement Fund 0.00% No change 6,651 $209K
First Trust Advisors LP 0.00% Reduce -28.5% 6,511 $204K
NBT Bank, N.A. 0.01% No change 6,315 $198K
Royal Bank of Canada 0.00% Add +10.5% 6,003 $188K
FMR LLC 0.00% Add +8.0% 5,355 $168K
BNP Paribas Financial Markets 0.00% Add +63.1% 5,259 $165K
UBS Group AG 0.00% Reduce -65.0% 5,098 $160K
Plante Moran Financial Advisors, LLC 0.01% No change 4,905 $154K
Police & Firemen's Retirement System of New Jersey 0.00% No change 4,600 $144K
SG Americas Securities, LLC 0.00% New 4,521 $142K
Pinnacle Wealth Planning Services, Inc. 0.01% New 4,045 $127K
Canada Pension Plan Investment Board 0.00% New 3,200 $100K
Cwm, LLC 0.00% Add +46.0% 2,561 $80K
Osaic Holdings, Inc. 0.00% Reduce -42.1% 2,521 $79K
Citigroup Inc. 0.00% Add +89.9% 2,489 $78K
Adirondack Trust Co. 0.03% No change 2,456 $77K
LSV Asset Management 0.00% New 2,400 $75K
CANADA LIFE ASSURANCE Co 0.00% Add +27.7% 1,557 $49K
Russell Investments Group, Ltd. 0.00% No change 1,523 $48K
Legal & General Group Plc 0.00% No change 1,500 $47K
Clean Yield Group 0.01% No change 1,458 $46K
Ameritas Investment Partners, Inc. 0.00% Reduce -20.4% 1,323 $42K
Brown, Lisle/Cummings, Inc. 0.01% Add +0.9% 1,310 $41K
Signaturefd, LLC 0.00% Reduce -2.3% 1,169 $37K
California State Teachers Retirement System 0.00% Reduce -15.8% 1,003 $31K
Sterling Capital Management LLC 0.00% Reduce -17.0% 896 $28K
Global Retirement Partners, LLC 0.00% No change 773 $24K
State of Alaska, Department of Revenue 0.00% No change 675 $21K
EverSource Wealth Advisors, LLC 0.00% Reduce -6.1% 662 $21K
Quarry LP 0.00% Add +19.1% 642 $20K
Nisa Investment Advisors, LLC 0.00% No change 563 $18K
Amalgamated Bank 0.00% Reduce -9.7% 512 $16K
PNC Financial Services Group, Inc. 0.00% Add +22.1% 498 $16K
GAMMA Investing LLC 0.00% Reduce -28.9% 490 $15K
Tower Research Capital LLC (TRC) 0.00% Reduce -36.0% 385 $12K
Harbour Investments, Inc. 0.00% No change 320 $10K
Hillsdale Investment Management Inc. 0.00% New 260 $8K
Essential Partners LLC 0.00% Add +11.9% 169 $5K
Brown Brothers Harriman & Co. 0.00% New 166 $5K
Jones Financial Companies LLLP 0.00% No change 160 $5K
Optiver Holding B.V. 0.00% No change 142 $4K
Arax Advisory Partners 0.00% Reduce -78.3% 103 $3K
Smartleaf Asset Management LLC 0.00% No change 96 $3K
Farther Finance Advisors, LLC 0.00% Add +23.4% 95 $3K
SBI Securities Co., Ltd. 0.00% Reduce -19.5% 70 $2K
Quadrant Capital Group LLC 0.00% Reduce -71.0% 54 $2K
Rothschild Investment LLC 0.00% Add +60.0% 48 $2K
MAI Capital Management 0.00% Add +34.8% 31 $974
IFP Advisors, Inc 0.00% No change 29 $911
Torren Management, LLC 0.00% — 22 $691
Parallel Advisors, LLC 0.00% New 19 $597
Allworth Financial LP 0.00% Add +80.0% 18 $566
MassMutual Private Wealth & Trust, FSB 0.00% No change 17 $534
True Wealth Design, LLC 0.00% Add +25.0% 10 $314
City State Bank 0.00% No change 9 $283
Sunbelt Securities, Inc. 0.00% No change 2 $63
Clearstead Advisors, LLC 0.00% New 1 $32
Huntington National Bank 0.00% No change 1 $31

"% of holder's portfolio" is AROW's weight in each manager's 13F, not the share of Arrow Financial Corp. the manager owns.