Arrow Financial Corporation
Arrow Financial Corporation (AROW) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · AROW · as of Sep 30, 2025
Ownership Breakdown
116
Institutional Holders
▲ 12 vs Q2
$239.81M
Total Inst. Value
▲ $15.19M vs Q2
16.53M
Shares Outstanding
freeFloat 85.32%
8.47M
13F Shares Held
▼ 28,402 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
AROW largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
ARROW FINANCIAL CORP national commercial banks | 1.86M | 11.23% | 11.23% | $52.56B | Oct 21, 2025 | ▼ 31.0K |
BLACKROCK, INC. national commercial banks | 1.27M | 7.66% | 7.66% | $35.86B | Nov 12, 2025 | ▼ 41.1K |
VANGUARD GROUP INC national commercial banks | 889.2K | 5.37% | 5.37% | $25.17B | Nov 7, 2025 | ▲ 17.1K |
DIMENSIONAL FUND ADVISORS LP national commercial banks | 740.5K | 4.48% | 4.48% | $20.95B | Nov 12, 2025 | ▼ 6.1K |
STATE STREET CORP national commercial banks | 376.9K | 2.28% | 2.28% | $10.67B | Nov 14, 2025 | ▲ 3.8K |
GEODE CAPITAL MANAGEMENT, LLC national commercial banks | 371.2K | 2.24% | 2.24% | $10.51B | Nov 12, 2025 | ▼ 1.3K |
AMERICAN CENTURY COMPANIES INC national commercial banks | 324.0K | 1.96% | 1.96% | $9.17B | Nov 12, 2025 | ▼ 4.7K |
RENAISSANCE TECHNOLOGIES LLC national commercial banks | 249.3K | 1.51% | 1.51% | $7.05B | Nov 13, 2025 | ▼ 12.5K |
RHINO INVESTMENT PARTNERS, INC national commercial banks | 227.8K | 1.38% | 1.38% | $6.45B | Nov 14, 2025 | ▲ 27.9K |
MORGAN STANLEY national commercial banks | 199.4K | 1.21% | 1.21% | $5.64B | May 27, 2026 | ▼ 12.6K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
23
Increased
+239.5K shares1
New Positions
first time holders20
Decreased
−177.1K shares0
Sold Out
fully exitedNet shares change (top 50)
+62.3K
+239.5K / −177.1K
Net new holders
+4
1 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
AROW insider trading · insider activity
Source: SEC Form 4
8
Buy transactions
6
Sell transactions
1.33
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Read Colin L director | May 26, 2026 | Gift | 119 | — | — | 33.4K | Form 4 ↗ |
Read Colin L director | May 20, 2026 | Gift | 500 | — | — | 33.3K | Form 4 ↗ |
Read Colin L director | May 18, 2026 | Gift | 525 | — | — | 32.8K | Form 4 ↗ |
Read Colin L director | May 11, 2026 | Gift | 1,876 | — | — | 32.3K | Form 4 ↗ |
Read Colin L director | May 11, 2026 | Gift | 1,876 | — | — | 1.1K | Form 4 ↗ |
Read Colin L director | May 18, 2026 | Gift | 525 | — | — | 619 | Form 4 ↗ |
Read Colin L director | May 20, 2026 | Gift | 500 | — | — | 119 | Form 4 ↗ |
Read Colin L director | May 26, 2026 | Gift | 119 | — | — | 0 | Form 4 ↗ |
Morris Philip C director | May 11, 2026 | J-Other | 27 | $36.69 | $990.63 | 7.6K | Form 4 ↗ |
Morris Philip C director | Apr 13, 2026 | J-Other | 28 | $36.33 | $1.0K | 7.5K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Arrow Financial Corporation (AROW) is primarily owned by institutional investors, who hold approximately 51.3% of total shares outstanding. Company insiders own approximately 14.68%, while retail and public investors account for the remaining 34.05%.
The largest institutional shareholder of Arrow Financial Corporation is ARROW FINANCIAL CORP, holding approximately 1.86 million shares — equal to 11.23% of outstanding shares — as of September 30, 2025.
A total of 116 institutional investors currently hold AROW stock, with a combined institutional value of approximately $239,812,962 as of the most recent 13F filing period.
Frequently asked questions
AROW ownershipArrow Financial Corporation (AROW) is primarily owned by institutional investors, who hold approximately 51.3% of shares. The largest shareholder is ARROW FINANCIAL CORP with a 11.23% stake. Company insiders hold 14.68%. Data sourced from SEC Form 13F as of September 30, 2025.