CUSIP 042744102
ARROW FINL CORP
142 institutions · $254.3M total · 8,453,849 shares
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | Arrow Financial Corp | 1,866,403 | $58.6M | 22.07% | 2025-12-31 |
| 2 | VANGUARD GROUP INC | 779,551 | $24.5M | 9.22% | 2025-12-31 |
| 3 | DIMENSIONAL FUND ADVISORS LP | 693,393 | $21.8M | 8.20% | 2025-12-31 |
| 4 | BlackRock, Inc. | 653,998 | $20.5M | 7.73% | 2025-12-31 |
| 5 | Rhino Investment Partners, Inc | 789,305 | $20.3M | 9.33% | 2025-12-31 |
| 6 | STATE STREET CORP | 369,085 | $11.6M | 4.36% | 2025-12-31 |
| 7 | AMERICAN CENTURY COMPANIES INC | 322,964 | $10.1M | 3.82% | 2025-12-31 |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 314,230 | $9.9M | 3.71% | 2025-12-31 |
| 9 | RENAISSANCE TECHNOLOGIES LLC | 252,205 | $7.9M | 2.98% | 2025-12-31 |
| 10 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 127,525 | $4.0M | 1.50% | 2025-12-31 |
| 11 | NORTHERN TRUST CORP | 122,761 | $3.9M | 1.45% | 2025-12-31 |
| 12 | Rockefeller Capital Management L.P. | 119,842 | $3.8M | 1.41% | 2025-12-31 |
| 13 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 116,889 | $3.7M | 1.38% | 2025-12-31 |
| 14 | TWO SIGMA INVESTMENTS, LP | 80,374 | $2.5M | 0.95% | 2025-12-31 |
| 15 | Connor, Clark & Lunn Investment Management Ltd. | 74,328 | $2.3M | 0.87% | 2025-12-31 |
| 16 | SEGALL BRYANT & HAMILL, LLC | 69,263 | $2.2M | 0.81% | 2025-12-31 |
| 17 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 66,697 | $2.1M | 0.78% | 2025-12-31 |
| 18 | Voya Investment Management LLC | 65,725 | $2.1M | 0.77% | 2025-12-31 |
| 19 | MORGAN STANLEY | 64,097 | $2.0M | 0.75% | 2025-12-31 |
| 20 | JOHNSON INVESTMENT COUNSEL INC | 61,882 | $1.9M | 0.73% | 2025-12-31 |
| 21 | Bank of New York Mellon Corp | 57,542 | $1.8M | 0.68% | 2025-12-31 |
| 22 | TRUST CO OF VERMONT | 56,365 | $1.8M | 0.66% | 2025-12-31 |
| 23 | TWO SIGMA ADVISERS, LP | 50,419 | $1.6M | 0.59% | 2025-12-31 |
| 24 | GOLDMAN SACHS GROUP INC | 49,748 | $1.6M | 0.58% | 2025-12-31 |
| 25 | Nuveen, LLC | 48,182 | $1.5M | 0.56% | 2025-12-31 |
| 26 | MARTINGALE ASSET MANAGEMENT L P | 48,139 | $1.5M | 0.56% | 2025-12-31 |
| 27 | MARSHALL WACE, LLP | 45,701 | $1.4M | 0.54% | 2025-12-31 |
| 28 | AQR CAPITAL MANAGEMENT LLC | 45,021 | $1.4M | 0.53% | 2025-12-31 |
| 29 | JANE STREET GROUP, LLC | 31,086 | $976.1K | 0.36% | 2025-12-31 |
| 30 | MILLENNIUM MANAGEMENT LLC | 31,001 | $973.4K | 0.36% | 2025-12-31 |
| 31 | SummerHaven Investment Management, LLC | 30,767 | $966.1K | 0.36% | 2025-12-31 |
| 32 | Gallagher Fiduciary Advisors, LLC | 28,420 | $892.4K | 0.33% | 2025-12-31 |
| 33 | Atria Investments, Inc | 28,337 | $889.8K | 0.33% | 2025-12-31 |
| 34 | Quantinno Capital Management LP | 26,479 | $831.5K | 0.31% | 2025-12-31 |
| 35 | BARCLAYS PLC | 25,339 | $795.6K | 0.29% | 2025-12-31 |
| 36 | Private Advisor Group, LLC | 24,396 | $766.0K | 0.28% | 2025-12-31 |
| 37 | COMMONWEALTH EQUITY SERVICES, LLC | 22,858 | $717.7K | 0.27% | 2025-12-31 |
| 38 | RHUMBLINE ADVISERS | 22,131 | $694.9K | 0.26% | 2025-12-31 |
| 39 | Squarepoint Ops LLC | 26,204 | $688.9K | 0.30% | 2025-06-30 |
| 40 | Integrated Quantitative Investments LLC | 20,329 | $638.3K | 0.24% | 2025-12-31 |
| 41 | HighTower Advisors, LLC | 20,131 | $632.1K | 0.23% | 2025-12-31 |
| 42 | US BANCORP \DE\ | 20,045 | $629.4K | 0.23% | 2025-12-31 |
| 43 | LPL Financial LLC | 19,523 | $613.0K | 0.23% | 2025-12-31 |
| 44 | WELLS FARGO & COMPANY/MN | 18,247 | $573.0K | 0.21% | 2025-12-31 |
| 45 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 20,655 | $545.7K | 0.24% | 2025-06-30 |
| 46 | BANK OF AMERICA CORP /DE/ | 17,146 | $538.4K | 0.20% | 2025-12-31 |
| 47 | Midwest Trust Co | 16,854 | $529.2K | 0.19% | 2025-12-31 |
| 48 | CITADEL ADVISORS LLC | 16,261 | $510.6K | 0.19% | 2025-12-31 |
| 49 | LOS ANGELES CAPITAL MANAGEMENT LLC | 18,800 | $509.9K | 0.22% | 2025-12-31 |
| 50 | AMERIPRISE FINANCIAL INC | 15,690 | $492.7K | 0.18% | 2025-12-31 |
| 51 | ALLIANCEBERNSTEIN L.P. | 15,638 | $491.0K | 0.18% | 2025-12-31 |
| 52 | STATE OF WISCONSIN INVESTMENT BOARD | 15,499 | $486.7K | 0.18% | 2025-12-31 |
| 53 | Legato Capital Management LLC | 15,082 | $473.6K | 0.17% | 2025-12-31 |
| 54 | EDMP, INC. | 14,237 | $447.0K | 0.16% | 2025-12-31 |
| 55 | Invesco Ltd. | 11,263 | $353.7K | 0.13% | 2025-12-31 |
| 56 | CITIZENS FINANCIAL GROUP INC/RI | 11,110 | $348.9K | 0.13% | 2025-12-31 |
| 57 | Washington Trust Advisors, Inc. | 11,110 | $348.9K | 0.13% | 2025-12-31 |
| 58 | PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC | 11,000 | $345.4K | 0.13% | 2025-12-31 |
| 59 | Angel Oak Capital Advisors, LLC | 11,000 | $345.4K | 0.13% | 2025-12-31 |
| 60 | Waldron Private Wealth LLC | 10,955 | $344.0K | 0.12% | 2025-12-31 |
| 61 | FRANKLIN RESOURCES INC | 10,699 | $335.9K | 0.12% | 2025-12-31 |
| 62 | Brandywine Global Investment Management, LLC | 10,100 | $317.1K | 0.11% | 2025-12-31 |
| 63 | MetLife Investment Management, LLC | 9,861 | $309.6K | 0.11% | 2025-12-31 |
| 64 | Trexquant Investment LP | 9,563 | $300.3K | 0.11% | 2025-12-31 |
| 65 | PharVision Advisers, LLC | 9,559 | $300.2K | 0.11% | 2025-12-31 |
| 66 | IEQ CAPITAL, LLC | 9,358 | $293.8K | 0.11% | 2025-12-31 |
| 67 | OCCUDO QUANTITATIVE STRATEGIES LP | 9,129 | $286.7K | 0.10% | 2025-12-31 |
| 68 | O'SHAUGHNESSY ASSET MANAGEMENT, LLC | 8,347 | $262.1K | 0.09% | 2025-12-31 |
| 69 | RAYMOND JAMES FINANCIAL INC | 7,943 | $249.4K | 0.09% | 2025-12-31 |
| 70 | IFG Advisory, LLC | 7,937 | $249.2K | 0.09% | 2025-12-31 |
| 71 | XTX Topco Ltd | 7,642 | $240.0K | 0.09% | 2025-12-31 |
| 72 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 7,596 | $238.5K | 0.08% | 2025-12-31 |
| 73 | INTECH INVESTMENT MANAGEMENT LLC | 7,196 | $226.0K | 0.08% | 2025-12-31 |
| 74 | JPMORGAN CHASE & CO | 7,196 | $226.0K | 0.08% | 2025-12-31 |
| 75 | Mariner, LLC | 7,021 | $220.5K | 0.08% | 2025-12-31 |
| 76 | DEUTSCHE BANK AG\ | 6,835 | $214.6K | 0.08% | 2025-12-31 |
| 77 | NEW YORK STATE COMMON RETIREMENT FUND | 6,651 | $208.8K | 0.07% | 2025-12-31 |
| 78 | FIRST TRUST ADVISORS LP | 6,511 | $204.4K | 0.07% | 2025-12-31 |
| 79 | NBT BANK N A /NY | 6,315 | $198.3K | 0.07% | 2025-12-31 |
| 80 | BNP PARIBAS FINANCIAL MARKETS | 5,259 | $165.1K | 0.06% | 2025-12-31 |
| 81 | Plante Moran Financial Advisors, LLC | 4,905 | $154.0K | 0.05% | 2025-12-31 |
| 82 | Police & Firemen's Retirement System of New Jersey | 4,600 | $144.4K | 0.05% | 2025-12-31 |
| 83 | FMR LLC | 4,232 | $132.9K | 0.05% | 2025-12-31 |
| 84 | Pinnacle Wealth Planning Services, Inc. | 4,045 | $127.0K | 0.04% | 2025-12-31 |
| 85 | UBS Group AG | 3,366 | $105.7K | 0.03% | 2025-12-31 |
| 86 | CANADA PENSION PLAN INVESTMENT BOARD | 3,200 | $100.5K | 0.03% | 2025-12-31 |
| 87 | Royal Bank of Canada | 3,165 | $99.0K | 0.03% | 2025-12-31 |
| 88 | OSAIC HOLDINGS, INC. | 2,521 | $79.2K | 0.02% | 2025-12-31 |
| 89 | ADIRONDACK TRUST CO | 2,456 | $77.1K | 0.02% | 2025-12-31 |
| 90 | Legal & General Group Plc | 1,500 | $47.1K | 0.01% | 2025-12-31 |
| 91 | Clean Yield Group | 1,458 | $45.8K | 0.01% | 2025-12-31 |
| 92 | Russell Investments Group, Ltd. | 1,366 | $42.9K | 0.01% | 2025-12-31 |
| 93 | Ameritas Investment Partners, Inc. | 1,323 | $41.5K | 0.01% | 2025-12-31 |
| 94 | BROWN, LISLE/CUMMINGS, INC. | 1,310 | $41.1K | 0.01% | 2025-12-31 |
| 95 | SIGNATUREFD, LLC | 1,169 | $36.7K | 0.01% | 2025-12-31 |
| 96 | CITIGROUP INC | 1,029 | $32.3K | 0.01% | 2025-12-31 |
| 97 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 1,003 | $31.5K | 0.01% | 2025-12-31 |
| 98 | Wealthspire Advisors, LLC | 1,011 | $28.6K | 0.01% | 2025-09-30 |
| 99 | Sterling Capital Management LLC | 896 | $28.1K | 0.01% | 2025-12-31 |
| 100 | Global Retirement Partners, LLC | 773 | $24.3K | 0.00% | 2025-12-31 |
| 101 | Quarry LP | 642 | $20.2K | 0.00% | 2025-12-31 |
| 102 | NISA INVESTMENT ADVISORS, LLC | 563 | $17.7K | 0.00% | 2025-12-31 |
| 103 | GAMMA Investing LLC | 490 | $15.4K | 0.00% | 2025-12-31 |
| 104 | Tower Research Capital LLC (TRC) | 385 | $12.1K | 0.00% | 2025-12-31 |
| 105 | HARBOUR INVESTMENTS, INC. | 320 | $10.0K | 0.00% | 2025-12-31 |
| 106 | EverSource Wealth Advisors, LLC | 314 | $9.9K | 0.00% | 2025-12-31 |
| 107 | Hillsdale Investment Management Inc. | 260 | $8.2K | 0.00% | 2025-12-31 |
| 108 | PNC Financial Services Group, Inc. | 181 | $5.7K | 0.00% | 2025-12-31 |
| 109 | BROWN BROTHERS HARRIMAN & CO | 166 | $5.2K | 0.00% | 2025-12-31 |
| 110 | JONES FINANCIAL COMPANIES LLLP | 160 | $5.0K | 0.00% | 2025-12-31 |
| 111 | AllSquare Wealth Management LLC | 172 | $4.9K | 0.00% | 2025-12-31 |
| 112 | ACADIAN ASSET MANAGEMENT LLC | 143,019 | $4.5K | 1.69% | 2025-12-31 |
| 113 | Optiver Holding B.V. | 142 | $4.5K | 0.00% | 2025-12-31 |
| 114 | Arax Advisory Partners | 103 | $3.2K | 0.00% | 2025-12-31 |
| 115 | Smartleaf Asset Management LLC | 96 | $3.0K | 0.00% | 2025-12-31 |
| 116 | Farther Finance Advisors, LLC | 95 | $3.0K | 0.00% | 2025-12-31 |
| 117 | SBI Securities Co., Ltd. | 70 | $2.2K | 0.00% | 2025-12-31 |
| 118 | QUADRANT CAPITAL GROUP LLC | 54 | $1.7K | 0.00% | 2025-12-31 |
| 119 | ROTHSCHILD INVESTMENT LLC | 48 | $1.5K | 0.00% | 2025-12-31 |
| 120 | IFP Advisors, Inc | 9 | $1.4K | 0.00% | 2025-12-31 |
| 121 | PRICE T ROWE ASSOCIATES INC /MD/ | 39,598 | $1.2K | 0.46% | 2025-12-31 |
| 122 | HALBERT HARGROVE GLOBAL ADVISORS, LLC | 40 | $1.1K | 0.00% | 2025-09-30 |
| 123 | Advisory Services Network, LLC | 36 | $1.0K | 0.00% | 2025-09-30 |
| 124 | MAI Capital Management | 31 | $974 | 0.00% | 2025-12-31 |
| 125 | Torren Management, LLC | 22 | $691 | 0.00% | 2025-12-31 |
| 126 | Parallel Advisors, LLC | 19 | $597 | 0.00% | 2025-12-31 |
| 127 | Allworth Financial LP | 18 | $566 | 0.00% | 2025-12-31 |
| 128 | MassMutual Private Wealth & Trust, FSB | 17 | $534 | 0.00% | 2025-12-31 |
| 129 | True Wealth Design, LLC | 10 | $314 | 0.00% | 2025-12-31 |
| 130 | Janney Montgomery Scott LLC | 9,198 | $289 | 0.10% | 2025-12-31 |
| 131 | City State Bank | 9 | $283 | 0.00% | 2025-12-31 |
| 132 | SG Americas Securities, LLC | 4,521 | $142 | 0.05% | 2025-12-31 |
| 133 | CWM, LLC | 2,561 | $80 | 0.03% | 2025-12-31 |
| 134 | LSV ASSET MANAGEMENT | 2,400 | $75 | 0.02% | 2025-12-31 |
| 135 | Sunbelt Securities, Inc. | 2 | $63 | 0.00% | 2025-12-31 |
| 136 | CANADA LIFE ASSURANCE Co | 1,557 | $49 | 0.01% | 2025-12-31 |
| 137 | Clearstead Advisors, LLC | 1 | $32 | 0.00% | 2025-12-31 |
| 138 | HUNTINGTON NATIONAL BANK | 1 | $31 | 0.00% | 2025-12-31 |
| 139 | State of Alaska, Department of Revenue | 675 | $21 | 0.00% | 2025-12-31 |
| 140 | AMALGAMATED BANK | 512 | $16 | 0.00% | 2025-12-31 |
| 141 | SIMPLEX TRADING, LLC | 59 | $1 | 0.00% | 2025-09-30 |
| 142 | Covestor Ltd | 0 | $0 | 0.00% | 2025-12-31 |