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

Institutional Holders (2015Q3)
Portfolio Summary: 73 Institutional holders with a total value of $122,030,247.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINANCIAL CORP 1,360,734 36,332,000 29.77%
2 BlackRock Institutional Trust Company, N.A. 499,771 13,344,000 10.93%
3 VANGUARD GROUP INC 443,583 11,843,000 9.70%
4 DIMENSIONAL FUND ADVISORS LP 363,820 9,714,000 7.96%
5 BlackRock Fund Advisors 283,913 7,580,000 6.21%
6 RENAISSANCE TECHNOLOGIES LLC 232,586 6,210,000 5.09%
7 NORTHERN TRUST CORP 170,137 4,543,000 3.72%
8 NORGES BANK 108,136 2,887,000 2.37%
9 Bank of New York Mellon Corp 88,320 2,358,000 1.93%
10 J.P. Morgan Private Wealth Advisors LLC 87,022 2,323,000 1.90%
11 GEODE CAPITAL MANAGEMENT, LLC 79,536 2,123,000 1.74%
12 DEUTSCHE BANK AG\ 55,348 1,476,000 1.21%
13 WELLS FARGO & COMPANY/MN 49,394 1,319,000 1.08%
14 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 48,623 1,298,000 1.06%
15 People's United Financial, Inc. 48,343 1,290,000 1.06%
16 TIAA CREF INVESTMENT MANAGEMENT LLC 43,780 1,169,000 0.96%
17 BlackRock Investment Management, LLC 43,072 1,150,000 0.94%
18 PARAMETRIC PORTFOLIO ASSOCIATES LLC 41,637 1,112,000 0.91%
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 39,726 1,061,000 0.87%
20 WEDGE CAPITAL MANAGEMENT L L P/NC 36,962 987,000 0.81%
21 PRUDENTIAL FINANCIAL INC 32,944 880,000 0.72%
22 CREDIT SUISSE AG/ 31,717 847,000 0.69%
23 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 20,360 544,000 0.45%
24 ANALYTIC INVESTORS, LLC 18,454 493,000 0.40%
25 Swiss National Bank 16,872 450,000 0.37%
26 TEACHERS ADVISORS, LLC 16,821 449,000 0.37%
27 RHUMBLINE ADVISERS 16,651 445,000 0.36%
28 TWO SIGMA INVESTMENTS, LP 15,573 416,000 0.34%
29 FIRST TRUST ADVISORS LP 15,429 412,000 0.34%
30 TWO SIGMA ADVISERS, LP 13,909 373,000 0.31%
31 HighTower Advisors, LLC 13,595 364,000 0.30%
32 Invesco Ltd. 13,404 358,000 0.29%
33 MARTINGALE ASSET MANAGEMENT L P 12,656 339,000 0.28%
34 UNITED CAPITAL FINANCIAL ADVISORS, LLC 12,661 338,000 0.28%
35 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 11,222 300,000 0.25%
36 PRICE T ROWE ASSOCIATES INC /MD/ 11,233 300,000 0.25%
37 LSV ASSET MANAGEMENT 11,118 296,000 0.24%
38 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 10,749 287,000 0.24%
39 Commonwealth Equity Services, Inc 10,279 274,000 0.22%
40 NEW YORK STATE COMMON RETIREMENT FUND 10,200 272,000 0.22%
41 ALLIANCEBERNSTEIN L.P. 9,072 242,000 0.20%
42 MANUFACTURERS LIFE INSURANCE COMPANY, THE 8,719 233,000 0.19%
43 METROPOLITAN LIFE INSURANCE CO/NY 8,374 224,000 0.18%
44 NBT BANK N A /NY 8,003 214,000 0.18%
45 BLACKROCK ADVISORS LLC 8,022 214,000 0.18%
46 Nationwide Fund Advisors 7,570 202,000 0.17%
47 BANK OF MONTREAL /CAN/ 6,614 177,000 0.15%
48 AMERICAN INTERNATIONAL GROUP, INC. 6,573 175,000 0.14%
49 Community Bank, N.A. 6,202 166,000 0.14%
50 Creative Planning 5,331 142,000 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.