Arrow Financial Corp: which funds bought and sold
Institutions that bought and sold Arrow Financial shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 83 institutions that filed 13F reports for both quarters added to or opened positions in Arrow Financial, and 50 cut or closed them. Together they added a net 1.5M shares, +16.8% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 143K shares (+7.6%); index fund managers were net buyers of 364K shares (+11.8%). 23 opened a new position and 15 sold out entirely.
Bought, Q2 2026 83 institutions, 23 of them new holders Sold, Q2 2026 50 institutions, 15 of them sold out
Net change, all compared +1.5M shares (+16.8%)
Net change, active managers +143K shares (+7.6%), 13 bought, 9 sold
Buyers versus sellers
83 bought 25 50 sold
Active managers and hedge funds 13 bought · 9 sold · +143K
Index fund managers 8 bought · 2 sold · +364K
Other institutions 62 bought · 39 sold · +1.0M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Rhino Investment Partners, Inc | +848K New position | 848K | $26.1M |
| State Street Corp Index funds | +152K +44.9% | 490K | $20.1M |
| Blackrock, Inc. Index funds | +149K +11.9% | 1.4M | $57.4M |
| Acadian Asset Management LLC Active manager | +93K +36.7% | 345K | $14.1M |
| American Century Companies Inc Active manager | +90K +26.1% | 433K | $17.7M |
| Two Sigma Investments, LP Hedge fund | +58K +67.4% | 145K | $5.9M |
| FMR LLC Active manager | +47K +259.5% | 65K | $2.7M |
| Morgan Stanley | +47K +26.2% | 224K | $9.2M |
| Citadel Advisors LLC Hedge fund | +40K +210.9% | 59K | $2.4M |
| Geode Capital Management, LLC Index funds | +39K +10.5% | 410K | $16.8M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +35K +30.4% | 149K | $6.1M |
| Forty-Three Eighteen Advisors, LLC | +27K New position | 27K | $1.1M |
| AQR Capital Management LLC Hedge fund | +20K +20.4% | 117K | $4.8M |
| Connor, Clark & Lunn Investment Management Ltd. | +19K +18.0% | 122K | $5M |
| Xtx Topco Ltd | +17K New position | 17K | $679,040 |
| Vanguard Portfolio Management LLC Index funds | +15K +12.6% | 137K | $5.6M |
| Citizens Financial Group Inc | +13K +120.3% | 24K | $1M |
| Ameriprise Financial Inc | +13K +88.7% | 28K | $1.2M |
| Los Angeles Capital Management LLC Active manager | +12K +28.8% | 53K | $2.2M |
| Citigroup Inc | +12K +382.2% | 15K | $599,274 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Acadian Asset Management LLC Active manager | +93K +36.7% | 345K | $14.1M |
| American Century Companies Inc Active manager | +90K +26.1% | 433K | $17.7M |
| Two Sigma Investments, LP Hedge fund | +58K +67.4% | 145K | $5.9M |
| FMR LLC Active manager | +47K +259.5% | 65K | $2.7M |
| Citadel Advisors LLC Hedge fund | +40K +210.9% | 59K | $2.4M |
| Arrowstreet Capital, Limited Partnership Hedge fund | +35K +30.4% | 149K | $6.1M |
| AQR Capital Management LLC Hedge fund | +20K +20.4% | 117K | $4.8M |
| Los Angeles Capital Management LLC Active manager | +12K +28.8% | 53K | $2.2M |
| Price T Rowe Associates Inc Active manager | +7,682 +16.0% | 56K | $2.3M |
| Alliancebernstein L.P. Active manager | +6,445 +41.2% | 22K | $741,326 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −109K Sold out | 0 | — |
| Millennium Management LLC Hedge fund | −50K Sold out | 0 | — |
| Renaissance Technologies LLC Hedge fund | −44K −18.9% | 187K | $7.7M |
| Qube Research & Technologies Ltd Hedge fund | −37K Sold out | 0 | — |
| UBS Group AG | −31K −70.2% | 13K | $538,977 |
| Jane Street Group, LLC | −21K Sold out | 0 | — |
| Arrow Financial Corp | −19K −1.0% | 1.9M | $76.2M |
| Vanguard Capital Management LLC Index funds | −14K −2.2% | 624K | $25.6M |
| Squarepoint Ops LLC Hedge fund | −12K −67.3% | 5,664 | $232,167 |
| Franklin Resources Inc Active manager | −10K −48.4% | 11K | $441,216 |
| Hillsdale Investment Management Inc. | −9,960 Sold out | 0 | — |
| Voya Investment Management LLC | −8,359 −9.2% | 82K | $3.4M |
| Angel Oak Capital Advisors, LLC | −8,000 Sold out | 0 | — |
| Occudo Quantitative Strategies LP | −7,649 Sold out | 0 | — |
| Corient Private Wealth LP | −6,744 Sold out | 0 | — |
| Jacobs Levy Equity Management, Inc Active manager | −6,714 Sold out | 0 | — |
| Sei Investments Co | −6,368 −34.1% | 12K | $505,337 |
| Dimensional Fund Advisors LP | −4,979 −0.7% | 725K | $29.7M |
| Segall Bryant & Hamill, LLC Active manager | −4,309 −6.2% | 65K | $2.7M |
| Invesco Ltd. | −3,857 −17.0% | 19K | $772,170 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Marshall Wace, LLP Hedge fund | −109K Sold out | 0 | — |
| Millennium Management LLC Hedge fund | −50K Sold out | 0 | — |
| Renaissance Technologies LLC Hedge fund | −44K −18.9% | 187K | $7.7M |
| Qube Research & Technologies Ltd Hedge fund | −37K Sold out | 0 | — |
| Squarepoint Ops LLC Hedge fund | −12K −67.3% | 5,664 | $232,167 |
| Franklin Resources Inc Active manager | −10K −48.4% | 11K | $441,216 |
| Jacobs Levy Equity Management, Inc Active manager | −6,714 Sold out | 0 | — |
| Segall Bryant & Hamill, LLC Active manager | −4,309 −6.2% | 65K | $2.7M |
| Intech Investment Management LLC Active manager | −641 −10.5% | 5,452 | $223,477 |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Rhino Investment Partners, Inc | 848K | $26.1M |
| Forty-Three Eighteen Advisors, LLC | 27K | $1.1M |
| Xtx Topco Ltd | 17K | $679,040 |
| Prudential Financial Inc | 11K | $441,298 |
| Sequoia Financial Advisors, LLC | 9,798 | $401,621 |
| Stifel Financial Corp | 8,991 | $368,541 |
| Ifg Advisory, LLC | 7,937 | $325,337 |
| Rafferty Asset Management, LLCIndex funds | 7,253 | $297,300 |
| Mercer Global Advisors Inc | 6,588 | $270,042 |
| Stonex Group Inc. | 6,739 | $256,843 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Marshall Wace, LLPHedge fund | 109K | $3.7M |
| Millennium Management LLCHedge fund | 50K | $1.7M |
| Qube Research & Technologies LtdHedge fund | 37K | $1.2M |
| Jane Street Group, LLC | 21K | $707,924 |
| Hillsdale Investment Management Inc. | 9,960 | $334,357 |
| Occudo Quantitative Strategies LP | 7,649 | $281,866 |
| Angel Oak Capital Advisors, LLC | 8,000 | $268,560 |
| Corient Private Wealth LP | 6,744 | $226,397 |
| Jacobs Levy Equity Management, IncActive manager | 6,714 | $225,389 |
| Advisory Services Network, LLC | 242 | $8,124 |
Who holds the shares
- Institutions reporting
- 145
- Ten largest holders
- 68.9% of 13F-reported shares
- Index fund managers
- 32.3% of 13F-reported shares
- Active managers and hedge funds
- 18.9% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 13 | 9 | 0 | 4 | +143K | +7.6% |
| Index fund managers | 8 | 2 | 1 | 0 | +364K | +11.8% |
| Other institutions | 62 | 39 | 22 | 11 | +1.0M | +24.7% |