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

Institutional Holders (2016Q2)
Portfolio Summary: 84 Institutional holders with a total value of $150,255,700.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ARROW FINANCIAL CORP 1,354,169 41,017,000 27.30%
2 BlackRock Institutional Trust Company, N.A. 495,644 15,013,000 9.99%
3 VANGUARD GROUP INC 471,797 14,291,000 9.51%
4 DIMENSIONAL FUND ADVISORS LP 392,190 11,879,000 7.91%
5 BlackRock Fund Advisors 291,992 8,844,000 5.89%
6 RENAISSANCE TECHNOLOGIES LLC 283,486 8,587,000 5.71%
7 STATE STREET CORP 201,019 6,085,000 4.05%
8 NORTHERN TRUST CORP 172,258 5,218,000 3.47%
9 NORGES BANK 107,436 3,254,000 2.17%
10 J.P. Morgan Private Wealth Advisors LLC 88,064 2,667,000 1.77%
11 GEODE CAPITAL MANAGEMENT, LLC 87,350 2,645,000 1.76%
12 Bank of New York Mellon Corp 84,009 2,544,000 1.69%
13 DEUTSCHE BANK AG\ 56,887 1,722,000 1.15%
14 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 47,221 1,430,000 0.95%
15 BlackRock Investment Management, LLC 46,036 1,394,000 0.93%
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 42,953 1,302,000 0.87%
17 WELLS FARGO & COMPANY/MN 41,522 1,258,000 0.84%
18 PARAMETRIC PORTFOLIO ASSOCIATES LLC 41,275 1,250,000 0.83%
19 WEDGE CAPITAL MANAGEMENT L L P/NC 37,498 1,136,000 0.76%
20 TIAA CREF INVESTMENT MANAGEMENT LLC 36,492 1,105,000 0.74%
21 CREDIT SUISSE AG/ 35,647 1,079,000 0.72%
22 People's United Financial, Inc. 34,377 1,042,000 0.69%
23 PRUDENTIAL FINANCIAL INC 30,412 921,000 0.61%
24 Ativo Capital Management LLC 28,307 857,000 0.57%
25 COLDSTREAM CAPITAL MANAGEMENT INC 25,275 766,000 0.51%
26 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 23,045 698,000 0.46%
27 BERGANKDV WEALTH MANAGEMENT, LLC 21,448 650,000 0.43%
28 FIRST TRUST ADVISORS LP 20,998 636,000 0.42%
29 Swiss National Bank 20,372 617,000 0.41%
30 TEACHERS ADVISORS, LLC 20,258 614,000 0.41%
31 TRUST CO OF VERMONT 19,012 576,000 0.38%
32 ANALYTIC INVESTORS, LLC 18,453 559,000 0.37%
33 RHUMBLINE ADVISERS 15,326 464,000 0.31%
34 NEW YORK STATE COMMON RETIREMENT FUND 13,500 409,000 0.27%
35 HighTower Advisors, LLC 13,151 398,000 0.26%
36 Invesco Ltd. 12,984 393,000 0.26%
37 UNITED CAPITAL FINANCIAL ADVISORS, LLC 12,661 380,000 0.25%
38 TWO SIGMA ADVISERS, LP 12,449 377,000 0.25%
39 PRICE T ROWE ASSOCIATES INC /MD/ 11,263 341,000 0.23%
40 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 11,222 340,000 0.23%
41 LSV ASSET MANAGEMENT 11,118 336,000 0.22%
42 SMITH ASSET MANAGEMENT GROUP LP 10,830 328,000 0.22%
43 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 10,749 326,000 0.22%
44 ALLIANCEBERNSTEIN L.P. 8,572 260,000 0.17%
45 MANUFACTURERS LIFE INSURANCE COMPANY, THE 8,546 259,000 0.17%
46 MARTINGALE ASSET MANAGEMENT L P 8,456 257,000 0.17%
47 METROPOLITAN LIFE INSURANCE CO/NY 8,373 254,000 0.17%
48 Private Advisor Group, LLC 8,430 252,000 0.17%
49 Nationwide Fund Advisors 7,753 235,000 0.16%
50 LOS ANGELES CAPITAL MANAGEMENT LLC 7,258 220,000 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.