Arrow Financial AROW Institutional Ownership

Updated Oct 11, 2026

Arrow Financial Corp (NASDAQ:AROW) was held by 146 institutional investors that filed 13F reports for the quarter ended June 30, 2026.

• Their combined stake equaled 64.06% of outstanding shares in Q2 2026, up from 54.99% in Q1 2026.
• Total holdings of AROW shares rose 16.62% from Q1 2026, and the holder count rose 41.75% from Q2 2025.
• Of these 146 holders, 86 added to their positions, 35 reduced their stakes and 25 left their positions unchanged.
• The aggregate institutional position in Arrow Financial was 10.6Mn shares at the end of Q2 2026, up 1.51Mn from the prior quarter and up 2.32Mn from a year earlier.
• Arrow Financial Corp held the largest position in AROW at 1.86Mn shares as of June 30, 2026, or 11.24% of shares outstanding.
• The largest position increases in AROW for Q2 2026 were by State Street Corp (+151.94K shares), BlackRock, Inc. (+148.53K shares), Acadian Asset Management LLC (+92.61K shares), American Century Companies Inc (+89.73K shares) and Two Sigma Investments, LP (+58.34K shares).
• The biggest cuts to AROW positions during Q2 2026 came from Renaissance Technologies LLC (-43.56K shares), UBS Group AG (-30.96K shares), Arrow Financial Corp (-18.88K shares), Vanguard Capital Management LLC (-13.81K shares) and Squarepoint Ops LLC (-11.66K shares).
• Business Quant data shows the 10 biggest positions in Arrow Financial as of Q2 2026 were held by Arrow Financial Corp (1.86Mn shares), BlackRock, Inc. (1.4Mn shares), Rhino Investment Partners, Inc (847.56K shares), Dimensional Fund Advisors LP (725.49K shares), Vanguard Capital Management LLC (623.72K shares), State Street Corp (490.1K shares), American Century Companies Inc (432.99K shares), Geode Capital Management, LLC (409.59K shares), Acadian Asset Management LLC (345.16K shares) and Morgan Stanley (224.48K shares).