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

Institutional Holders (2015Q4)
Portfolio Summary: 74 Institutional holders with a total value of $130,053,529.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINANCIAL CORP 1,358,153 36,901,000 28.37%
2 BlackRock Institutional Trust Company, N.A. 504,246 13,700,000 10.53%
3 VANGUARD GROUP INC 451,896 12,278,000 9.44%
4 DIMENSIONAL FUND ADVISORS LP 371,866 10,104,000 7.77%
5 BlackRock Fund Advisors 292,142 7,937,000 6.10%
6 RENAISSANCE TECHNOLOGIES LLC 262,986 7,145,000 5.49%
7 STATE STREET CORP 204,354 5,552,000 4.27%
8 NORTHERN TRUST CORP 168,110 4,568,000 3.51%
9 NORGES BANK 108,136 2,938,000 2.26%
10 J.P. Morgan Private Wealth Advisors LLC 87,645 2,381,000 1.83%
11 GEODE CAPITAL MANAGEMENT, LLC 82,730 2,247,000 1.73%
12 Bank of New York Mellon Corp 80,530 2,188,000 1.68%
13 DEUTSCHE BANK AG\ 51,842 1,407,000 1.08%
14 WELLS FARGO & COMPANY/MN 48,993 1,331,000 1.02%
15 People's United Financial, Inc. 48,342 1,314,000 1.01%
16 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 46,721 1,269,000 0.98%
17 BlackRock Investment Management, LLC 43,350 1,178,000 0.91%
18 PRUDENTIAL FINANCIAL INC 42,612 1,158,000 0.89%
19 PARAMETRIC PORTFOLIO ASSOCIATES LLC 41,556 1,129,000 0.87%
20 TIAA CREF INVESTMENT MANAGEMENT LLC 37,949 1,031,000 0.79%
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 36,965 1,005,000 0.77%
22 CREDIT SUISSE AG/ 35,496 964,000 0.74%
23 WEDGE CAPITAL MANAGEMENT L L P/NC 32,762 890,000 0.68%
24 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 20,734 563,000 0.43%
25 TEACHERS ADVISORS, LLC 18,459 502,000 0.39%
26 ANALYTIC INVESTORS, LLC 18,453 501,000 0.39%
27 RHUMBLINE ADVISERS 17,164 466,000 0.36%
28 Swiss National Bank 16,872 458,000 0.35%
29 Invesco Ltd. 14,659 398,000 0.31%
30 HighTower Advisors, LLC 13,484 367,000 0.28%
31 TWO SIGMA ADVISERS, LP 12,931 351,000 0.27%
32 UNITED CAPITAL FINANCIAL ADVISORS, LLC 12,661 344,000 0.26%
33 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 11,822 321,000 0.25%
34 PRICE T ROWE ASSOCIATES INC /MD/ 11,263 306,000 0.24%
35 LSV ASSET MANAGEMENT 11,118 302,000 0.23%
36 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 10,749 292,000 0.22%
37 MARTINGALE ASSET MANAGEMENT L P 10,672 291,000 0.22%
38 Commonwealth Equity Services, Inc 10,408 283,000 0.22%
39 NEW YORK STATE COMMON RETIREMENT FUND 10,200 277,000 0.21%
40 MANUFACTURERS LIFE INSURANCE COMPANY, THE 8,719 237,000 0.18%
41 ALLIANCEBERNSTEIN L.P. 8,813 235,000 0.18%
42 COLDSTREAM CAPITAL MANAGEMENT INC 8,569 233,000 0.18%
43 METROPOLITAN LIFE INSURANCE CO/NY 8,373 227,000 0.17%
44 Nationwide Fund Advisors 7,753 211,000 0.16%
45 AMERICAN INTERNATIONAL GROUP, INC. 6,560 178,000 0.14%
46 Community Bank, N.A. 6,202 168,000 0.13%
47 BLACKROCK ADVISORS LLC 5,882 160,000 0.12%
48 CITIGROUP INC 5,407 147,000 0.11%
49 TRUST CO OF VERMONT 5,176 141,000 0.11%
50 SMITH ASSET MANAGEMENT GROUP LP 4,840 132,000 0.10%
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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.