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ARROW FINL CORP
ARROW FINL CORP. Institutional holdings reported to the SEC.

Institutional Holders (2014Q4)
Portfolio Summary: 74 Institutional holders with a total value of $127,379,953.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINANCIAL CORP 1,382,195 37,997,000 29.83%
2 BlackRock Institutional Trust Company, N.A. 493,358 13,562,000 10.65%
3 VANGUARD GROUP INC 415,273 11,417,000 8.96%
4 DIMENSIONAL FUND ADVISORS LP 341,781 9,396,000 7.38%
5 BlackRock Fund Advisors 302,330 8,311,000 6.52%
6 STATE STREET CORP 191,760 5,274,000 4.14%
7 NORTHERN TRUST CORP 150,349 4,133,000 3.24%
8 RENAISSANCE TECHNOLOGIES LLC 140,820 3,871,000 3.04%
9 NORGES BANK 111,683 3,071,000 2.41%
10 M&T BANK CORP 101,875 2,801,000 2.20%
11 Bank of New York Mellon Corp 94,835 2,608,000 2.05%
12 GEODE CAPITAL MANAGEMENT, LLC 71,722 1,971,000 1.55%
13 PARAMETRIC PORTFOLIO ASSOCIATES LLC 62,112 1,707,000 1.34%
14 TIAA CREF INVESTMENT MANAGEMENT LLC 54,013 1,485,000 1.17%
15 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 54,906 1,447,000 1.14%
16 People's United Financial, Inc. 47,396 1,303,000 1.02%
17 WELLS FARGO & COMPANY/MN 42,635 1,172,000 0.92%
18 WEDGE CAPITAL MANAGEMENT L L P/NC 36,240 996,000 0.78%
19 BlackRock Investment Management, LLC 36,024 990,000 0.78%
20 ANALYTIC INVESTORS, LLC 33,997 935,000 0.73%
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 31,319 861,000 0.68%
22 CREDIT SUISSE AG/ 25,312 696,000 0.55%
23 TWO SIGMA INVESTMENTS, LP 22,242 611,000 0.48%
24 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 20,290 558,000 0.44%
25 TWO SIGMA ADVISERS, LP 19,871 546,000 0.43%
26 DEUTSCHE BANK AG\ 18,926 519,000 0.41%
27 PRUDENTIAL FINANCIAL INC 18,525 509,000 0.40%
28 MARTINGALE ASSET MANAGEMENT L P 17,059 470,000 0.37%
29 CORNERCAP INVESTMENT COUNSEL INC 16,951 466,000 0.37%
30 RHUMBLINE ADVISERS 15,722 432,000 0.34%
31 Swiss National Bank 15,242 419,000 0.33%
32 TEACHERS ADVISORS, LLC 14,016 385,000 0.30%
33 Invesco Ltd. 13,353 367,000 0.29%
34 GENERAL MOTORS INVESTMENT MANAGEMENT CORP 12,678 349,000 0.27%
35 UNITED CAPITAL FINANCIAL ADVISORS, LLC 12,413 341,000 0.27%
36 MORGAN STANLEY 11,625 319,000 0.25%
37 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 11,003 302,000 0.24%
38 PRICE T ROWE ASSOCIATES INC /MD/ 10,614 292,000 0.23%
39 Commonwealth Equity Services, Inc 10,034 276,000 0.22%
40 METROPOLITAN LIFE INSURANCE CO/NY 9,013 248,000 0.19%
41 Nationwide Fund Advisors 8,923 245,000 0.19%
42 ALLIANCEBERNSTEIN L.P. 8,595 236,000 0.19%
43 MANUFACTURERS LIFE INSURANCE COMPANY, THE 8,369 231,000 0.18%
44 FIRST TRUST ADVISORS LP 8,308 228,000 0.18%
45 LPL Financial LLC 8,069 222,000 0.17%
46 LSV ASSET MANAGEMENT 7,554 207,000 0.16%
47 UBS Group AG 7,333 201,000 0.16%
48 CITIGROUP INC 7,243 199,000 0.16%
49 RUSSELL FRANK CO/ 7,056 195,000 0.15%
50 AMERICAN INTERNATIONAL GROUP, INC. 6,873 188,939 0.15%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.