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

Institutional Holders (2015Q1)
Portfolio Summary: 73 Institutional holders with a total value of $125,556,715.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINANCIAL CORP 1,369,934 37,194,000 29.62%
2 BlackRock Institutional Trust Company, N.A. 502,296 13,637,000 10.86%
3 VANGUARD GROUP INC 424,086 11,514,000 9.17%
4 DIMENSIONAL FUND ADVISORS LP 346,154 9,398,000 7.49%
5 BlackRock Fund Advisors 298,459 8,103,000 6.45%
6 STATE STREET CORP 197,006 5,342,000 4.25%
7 RENAISSANCE TECHNOLOGIES LLC 159,620 4,334,000 3.45%
8 NORTHERN TRUST CORP 148,975 4,044,000 3.22%
9 NORGES BANK 107,916 2,930,000 2.33%
10 M&T BANK CORP 98,237 2,667,000 2.12%
11 Bank of New York Mellon Corp 96,512 2,620,000 2.09%
12 GEODE CAPITAL MANAGEMENT, LLC 74,301 2,017,000 1.61%
13 PARAMETRIC PORTFOLIO ASSOCIATES LLC 60,346 1,638,000 1.30%
14 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 54,906 1,447,000 1.15%
15 TIAA CREF INVESTMENT MANAGEMENT LLC 48,223 1,309,000 1.04%
16 People's United Financial, Inc. 47,396 1,287,000 1.03%
17 WELLS FARGO & COMPANY/MN 44,849 1,217,000 0.97%
18 WEDGE CAPITAL MANAGEMENT L L P/NC 36,240 984,000 0.78%
19 BlackRock Investment Management, LLC 36,208 983,000 0.78%
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 33,175 901,000 0.72%
21 CREDIT SUISSE AG/ 30,669 832,000 0.66%
22 PRUDENTIAL FINANCIAL INC 28,900 785,000 0.63%
23 ANALYTIC INVESTORS, LLC 24,058 653,000 0.52%
24 DEUTSCHE BANK AG\ 22,134 599,000 0.48%
25 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 19,990 543,000 0.43%
26 CORNERCAP INVESTMENT COUNSEL INC 17,406 473,000 0.38%
27 RHUMBLINE ADVISERS 16,522 449,000 0.36%
28 TEACHERS ADVISORS, LLC 16,394 445,000 0.35%
29 MARTINGALE ASSET MANAGEMENT L P 15,759 429,000 0.34%
30 Swiss National Bank 15,242 414,000 0.33%
31 Invesco Ltd. 13,441 365,000 0.29%
32 TWO SIGMA ADVISERS, LP 12,818 348,000 0.28%
33 GENERAL MOTORS INVESTMENT MANAGEMENT CORP 12,678 344,000 0.27%
34 UNITED CAPITAL FINANCIAL ADVISORS, LLC 12,413 323,000 0.26%
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 11,003 299,000 0.24%
36 LSV ASSET MANAGEMENT 10,900 295,000 0.23%
37 PRICE T ROWE ASSOCIATES INC /MD/ 10,814 294,000 0.23%
38 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 10,539 286,000 0.23%
39 Commonwealth Equity Services, Inc 10,049 273,000 0.22%
40 ALLIANCEBERNSTEIN L.P. 9,195 250,000 0.20%
41 METROPOLITAN LIFE INSURANCE CO/NY 9,013 245,000 0.20%
42 Nationwide Fund Advisors 8,441 229,000 0.18%
43 TWO SIGMA INVESTMENTS, LP 8,232 223,000 0.18%
44 MANUFACTURERS LIFE INSURANCE COMPANY, THE 8,069 220,000 0.18%
45 BLACKROCK ADVISORS LLC 7,290 198,000 0.16%
46 BANK OF MONTREAL /CAN/ 7,206 196,000 0.16%
47 UBS Group AG 7,101 193,000 0.15%
48 AMERICAN INTERNATIONAL GROUP, INC. 6,873 186,602 0.15%
49 Community Bank, N.A. 6,081 165,000 0.13%
50 MORGAN STANLEY 5,668 154,000 0.12%
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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.