| 4 | Rhino Investment Partners, Inc | 848K | $26.1M | — | 5.128% | 7.89% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 624K | $25.6M | -2.2% | 3.773% | 0.00% |
| 6 | STATE STREET CORP | 490K | $20.1M | +44.9% | 2.965% | 0.00% |
| 7 | AMERICAN CENTURY COMPANIES INC | 433K | $17.7M | +26.1% | 2.620% | 0.01% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 410K | $16.8M | +10.5% | 2.478% | 0.00% |
| 9 | MORGAN STANLEY | 224K | $9.2M | +26.3% | 1.358% | 0.00% |
| 10 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 190K | $7.8M | +2.0% | 1.149% | 0.02% |
| 11 | RENAISSANCE TECHNOLOGIES LLC | 187K | $7.7M | -18.9% | 1.130% | 0.01% |
| 12 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 149K | $6.1M | +30.4% | 0.903% | 0.00% |
| 13 | TWO SIGMA INVESTMENTS, LP | 145K | $5.9M | +67.4% | 0.876% | 0.00% |
| 14 | NORTHERN TRUST CORP | 142K | $5.8M | +6.3% | 0.859% | 0.00% |
| 15 | VANGUARD PORTFOLIO MANAGEMENT LLC | 137K | $5.6M | +12.6% | 0.828% | 0.00% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 126K | $5.2M | +2.9% | 0.761% | 0.00% |
| 17 | Connor, Clark & Lunn Investment Management Ltd. | 122K | $5.0M | +18.0% | 0.737% | 0.01% |
| 18 | Rockefeller Capital Management L.P. | 121K | $4.9M | +0.3% | 0.730% | 0.01% |
| 19 | AQR CAPITAL MANAGEMENT LLC | 117K | $4.8M | +20.4% | 0.707% | 0.00% |
| 20 | GOLDMAN SACHS GROUP INC | 99K | $4.1M | +4.0% | 0.600% | 0.00% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 96K | $3.9M | +4.5% | 0.581% | 0.00% |
| 22 | Bank of New York Mellon Corp | 89K | $3.7M | +5.4% | 0.541% | 0.00% |
| 23 | VOYA INVESTMENT MANAGEMENT LLC | 82K | $3.4M | -9.2% | 0.498% | 0.00% |
| 24 | MARTINGALE ASSET MANAGEMENT L P | 76K | $3.1M | +4.4% | 0.457% | 0.07% |
| 25 | FMR LLC | 65K | $2.7M | +259.5% | 0.394% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in AROW — a direct measure of their conviction.
| 51.92% |
| +0.35 pp |
| $222M |
| 8.1% |
| Q4 2024 | 108 | +2.9% | 51.57% | +1.39 pp | $242M | +3.1% |
| Q3 2024 | 105 | — | 50.18% | — | $235M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
23 institutions opened new positions in AROW during Q2 2026, while 15 fully exited. 106 added to existing positions and 14 trimmed.
AROW institutional ownership rose by 9.21 percentage points quarter-over-quarter, with a net change of +8 holders.
The top 10 institutions account for 69.9% of all reported 13F value in AROW, and the top 25 account for 87.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Arrow Financial Corporation (AROW) Institutional Ownership