How many institutions own AROW stock?

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own AROW shares is 164, representing 52.46% of the company's common stock.

Who are the major shareholders selling Arrow Financial Corporation stock?

RHUMBLINE ADVISERS, in the last quarter, reduced its stake in AROW by -11.47% restricting it's holding to 22.13 thousand shares of worth nearly $694.94K. COMMONWEALTH EQUITY SERVICES, LLC also lessened -6.87% of the AROW shares from its portfolio, reducing its holding to 22.86 thousand shares of worth $717.74K. INVESCO LTD. also shunned AROW shares holding by -17.43% last quarter which brought its holding to 23.96 thousand shares worth $752.47K.

Investors who are buying AROW stock?

As per its latest 13F filing, PRICE T ROWE ASSOCIATES INC /MD/ increased its stake in AROW by 49.15% in the last quarter. The institutional holder raised its holding to 39.6 thousand shares having worth more than $1.24M. US BANCORP \DE\ also added 3,973.11% more shares of AROW to its portfolio, raising its holding to 20.45 thousand shares of worth $642.04K. WELLS FARGO & COMPANY/MN also increased its AROW shares holding by 63.15% which brought its holding to 20.87 thousand shares worth $655.24K.

AROW's major insiders: who are they?

The insider with the most stakes in AROW is HOY THOMAS L , director at the company. Additionally, AROW stock is highly held by director DAKE GARY C and director Miller Elizabeth among others.

Did an insider recently sell AROW stock?

Company executives, directors, and other insiders own 2.7% percent of Arrow Financial Corporation's stock. Within the last six months, there have been 0 transaction(s) in which AROW insiders have sold stock, totaling 0 shares. Insiders that have sold shares include O'CONOR RAYMOND F, READ COLIN L, and OWENS WILLIAM L.

Which insider recently purchased AROW stock?

There have been 3 transaction(s) during the past 6-months in which Arrow Financial Corporation insiders have bought stock, totalling 6296 shares

How much of AROW does insiders own?

Around 36.32K Arrow Financial Corporation shares are held by insiders, which represents about 2.7% of AROW stock.

Who is the insider with the largest stake?

AROW director, HOY THOMAS L holds the largest portfolio of the company's shares. AROW shares owned by HOY total nearly 194.16 thousand.

Which institution holds the most shares in AROW?

PRICE T ROWE ASSOCIATES INC /MD/ is the largest institutional owner in AROW which holds 39.6 thousand shares worth $1.24M or 0.24% of the total AROW shares outstanding followed by US BANCORP \DE\ with ownership of 20.45 thousand shares representing 0.12% of the AROW ownership. WELLS FARGO & COMPANY/MN is the third largest stakeholder with 20.87 thousand shares or 0.13% of the ownership worth more than $655.24K.

Is Arrow Financial Corporation stock optionable?

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the AROW is concerned, it is a stock which is optionable.

Is there a short position on AROW's shares?

Number of AROW shares short is 205.21K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

About how many outstanding AROW shares are there?

As of today, 16.51M shares of AROW are outstanding.

Is there many float in AROW stock?

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, AROW has 14.10M shares in float.

AROW short ratio: what is it?

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for AROW is 2.26.

Arrow Financial (AROW) insider trading activity: Get Latest News Today

Stock Outstanding Shares

Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.

ShortableYes

OptionableYes

Short Percent Of Outstanding Shares1.24

Short Percent Of Float1.27

Shares Outstanding16.51M

Shares Float14.10M

Shares Short205.21K

Short Ratio2.26

1.27%

Short % of Float

1.24%

Short % of Shares Outstanding

Market Insider

Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.

Major Holders Summary

2.7% Percentage of Shares held by All Insiders

52.46% Percentage of Shares held by All Institutions

53.92% Percentage of Float held by Institutions

164

Number of Institutions Holding Shares

Institutional Ownership

About 52.46% of AROW shares are held by financial institutions. PRICE T ROWE ASSOCIATES INC /MD/ is the top corporate investor, holding 39.6K shares valued at $1.24M. A 0.24% stake in Arrow Financial Corporation is owned by the company. US BANCORP \DE\ owns 20.45K shares valued at $642.04K, which translates its holding of 0.12% of the stake in the company.

Date	Holder	% Stake	Shares Held	Total Value ($)	Shares	% Change in Portfolio
Dec 31, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.24%	39.6K	1.24M	13.05K	+49.15%
Dec 31, 2025	US BANCORP \DE\	0.12%	20.45K	642.04K	19.95K	+3,973.11%
Dec 31, 2025	WELLS FARGO & COMPANY/MN	0.13%	20.87K	655.24K	8.08K	+63.15%
Dec 31, 2025	JANE STREET GROUP, LLC	0.26%	42.54K	1.34M	3.64K	+9.37%
Dec 31, 2025	RHUMBLINE ADVISERS	0.14%	22.13K	694.94K	-2.87K	-11.47%
Dec 31, 2025	METLIFE INVESTMENT MANAGEMENT, LLC	0.06%	9.86K	309.64K	0	0
Dec 31, 2025	MARINER, LLC	0.04%	7.02K	220.54K	7.02K	+100.00%
Dec 31, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.14%	22.86K	717.74K	-1.69K	-6.87%
Dec 31, 2025	INVESCO LTD.	0.15%	23.96K	752.47K	-5.06K	-17.43%
Dec 31, 2025	AQR CAPITAL MANAGEMENT LLC	0.28%	45.99K	1.44M	13.19K	+40.23%
Dec 31, 2025	MARTINGALE ASSET MANAGEMENT L P	0.3%	48.91K	1.54M	26.08K	+114.26%
Dec 31, 2025	NUVEEN, LLC	0.3%	48.7K	1.53M	0	0
Dec 31, 2025	SEGALL BRYANT & HAMILL, LLC	0.42%	69.26K	2.17M	69.26K	+100.00%
Dec 31, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.45%	74.33K	2.33M	-3.4K	-4.37%
Dec 31, 2025	TWO SIGMA INVESTMENTS, LP	0.49%	80.37K	2.52M	18.89K	+30.72%
Dec 31, 2025	BANK OF NEW YORK MELLON CORP	0.53%	86.68K	2.72M	-1.99K	-2.24%
Dec 31, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.62%	101.91K	3.2M	-20.27K	-16.59%
Dec 31, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.73%	119.84K	3.76M	511	+0.43%
Dec 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	127.53K	4M	-2.05K	-1.58%
Dec 31, 2025	NORTHERN TRUST CORP	0.78%	128.01K	4.02M	-7.5K	-5.53%
Dec 31, 2025	RHINO INVESTMENT PARTNERS, INC	4.78%	789.31K	20.33M	561.5K	+246.48%
Dec 31, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.71%	116.89K	3.67M	4.2K	+3.73%
Dec 31, 2025	BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC	0.06%	10.1K	317.14K	1.72K	+20.53%
Dec 31, 2025	FRANKLIN RESOURCES INC	0.07%	10.76K	337.99K	10.76K	+100.00%
Dec 31, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	343.99K	0	0
Dec 31, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	345.4K	0	0
Dec 31, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	345.4K	0	0
Dec 31, 2025	MIDWEST TRUST CO	0.1%	16.85K	529.22K	-8	-0.05%
Dec 31, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.11%	18.8K	509.86K	8.35K	+79.90%
Dec 31, 2025	LPL FINANCIAL LLC	0.12%	19.52K	613.02K	19.52K	+100.00%
Dec 31, 2025	BARCLAYS PLC	0.15%	25.34K	795.64K	2.14K	+9.24%
Dec 31, 2025	CITADEL ADVISORS LLC	0.17%	27.6K	866.73K	27.6K	+100.00%
Dec 31, 2025	TWO SIGMA ADVISERS, LP	0.31%	50.42K	1.58M	300	+0.60%
Dec 31, 2025	TRUST CO OF VERMONT	0.34%	56.37K	1.77M	-1K	-1.74%
Dec 31, 2025	JOHNSON INVESTMENT COUNSEL INC	0.38%	61.88K	1.94M	1.89K	+3.15%
Dec 31, 2025	GOLDMAN SACHS GROUP INC	0.39%	64.08K	2.01M	-8.65K	-11.89%
Dec 31, 2025	MORGAN STANLEY	1.15%	187.9K	5.9M	-11.5K	-5.77%
Dec 31, 2025	STATE STREET CORP	2.25%	369.09K	11.59M	-7.83K	-2.08%
Dec 31, 2025	HIGHTOWER ADVISORS, LLC	0.12%	20.13K	632.12K	812	+4.20%
Dec 31, 2025	INTEGRATED QUANTITATIVE INVESTMENTS LLC	0.12%	20.33K	638.33K	20.33K	+100.00%
Dec 31, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	24.4K	766.04K	-667	-2.66%
Dec 31, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.16%	26.48K	831.45K	7.87K	+42.28%
Dec 31, 2025	MARSHALL WACE, LLP	0.31%	50.39K	1.58M	23.84K	+89.80%
Dec 31, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.41%	66.7K	2.09M	44.13K	+195.56%
Dec 31, 2025	ACADIAN ASSET MANAGEMENT LLC	0.87%	143.02K	4.49M	82.07K	+134.64%
Dec 31, 2025	RENAISSANCE TECHNOLOGIES LLC	1.54%	252.21K	7.92M	2.92K	+1.17%
Dec 31, 2025	AMERICAN CENTURY COMPANIES INC	1.97%	322.96K	10.14M	-1.03K	-0.32%
Dec 31, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	11.11K	348.85K	-400	-3.48%
Dec 31, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	348.85K	0	0
Dec 31, 2025	JPMORGAN CHASE & CO	0.09%	13.95K	438.16K	-6.24K	-30.91%
Dec 31, 2025	EDMP, INC.	0.09%	14.24K	447.04K	14.24K	+100.00%
Dec 31, 2025	LEGATO CAPITAL MANAGEMENT LLC	0.09%	15.08K	473.58K	15.08K	+100.00%
Dec 31, 2025	BANK OF AMERICA CORP /DE/	0.17%	28.06K	880.93K	10.53K	+60.09%
Dec 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.22%	363.72K	11.42M	-7.46K	-2.01%
Dec 31, 2025	DIMENSIONAL FUND ADVISORS LP	4.41%	728.53K	22.88M	-11.92K	-1.61%
Dec 31, 2025	VANGUARD GROUP INC	5.35%	876.81K	27.53M	-12.43K	-1.40%
Dec 31, 2025	BLACKROCK, INC.	7.63%	1.25M	39.28M	-16.18K	-1.28%
Dec 31, 2025	DEUTSCHE BANK AG\	0.04%	6.84K	214.62K	0	0
Dec 31, 2025	INTECH INVESTMENT MANAGEMENT LLC	0.04%	7.2K	225.95K	7.2K	+100.00%
Dec 31, 2025	IFG ADVISORY, LLC	0.05%	7.94K	249.22K	0	0
Dec 31, 2025	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	0.05%	8.35K	262.1K	8.35K	+100.00%
Dec 31, 2025	JANNEY MONTGOMERY SCOTT LLC	0.06%	9.2K	289K	720	+8.49%
Dec 31, 2025	IEQ CAPITAL, LLC	0.06%	9.36K	293.84K	9.36K	+100.00%
Dec 31, 2025	ARROW FINANCIAL CORP	11.42%	1.87M	58.77M	14.4K	+0.78%
Dec 31, 2025	ATRIA INVESTMENTS, INC	0.17%	28.34K	889.79K	2.45K	+9.44%
Dec 31, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.17%	28.42K	892.4K	2.14K	+8.15%
Dec 31, 2025	SUMMERHAVEN INVESTMENT MANAGEMENT, LLC	0.19%	30.77K	966.08K	0	0
Dec 31, 2025	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.65K	208.84K	0	0
Dec 31, 2025	MILLENNIUM MANAGEMENT LLC	0.19%	31K	973.43K	1.53K	+5.17%
Sep 30, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.06K	709.27K	7	+0.03%
Sep 30, 2025	BANK OF NEW YORK MELLON CORP	0.54%	88.66K	2.51M	1.15K	+1.31%
Sep 30, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.72%	119.33K	3.38M	506	+0.43%
Sep 30, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.74%	122.18K	3.46M	-24.6K	-16.76%
Sep 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.78%	129.58K	3.67M	2.74K	+2.16%
Sep 30, 2025	MORGAN STANLEY	1.21%	199.4K	5.64M	-12.59K	-5.94%
Sep 30, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.16%	26.28K	743.7K	260	+1.00%
Sep 30, 2025	MARSHALL WACE, LLP	0.16%	26.55K	751.31K	3.25K	+13.94%
Sep 30, 2025	RHINO INVESTMENT PARTNERS, INC	1.38%	227.8K	6.45M	27.86K	+13.93%
Sep 30, 2025	RENAISSANCE TECHNOLOGIES LLC	1.51%	249.29K	7.05M	-12.52K	-4.78%
Sep 30, 2025	AMERICAN CENTURY COMPANIES INC	1.96%	323.99K	9.17M	-4.68K	-1.42%
Sep 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.24%	371.18K	10.51M	-1.3K	-0.35%
Sep 30, 2025	STATE STREET CORP	2.28%	376.92K	10.67M	3.77K	+1.01%
Sep 30, 2025	DIMENSIONAL FUND ADVISORS LP	4.48%	740.45K	20.95M	-6.13K	-0.82%
Sep 30, 2025	VANGUARD GROUP INC	5.37%	889.23K	25.17M	17.05K	+1.95%
Sep 30, 2025	BLACKROCK, INC.	7.66%	1.27M	35.86M	-41.15K	-3.14%
Sep 30, 2025	GOLDMAN SACHS GROUP INC	0.44%	72.73K	2.06M	32.7K	+81.70%
Sep 30, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.47%	77.73K	2.2M	-1.41K	-1.79%
Sep 30, 2025	WELLS FARGO & COMPANY/MN	0.08%	12.79K	361.96K	2.04K	+18.93%
Sep 30, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.16%	26.55K	752K	-7.26K	-21.47%
Sep 30, 2025	SUMMERHAVEN INVESTMENT MANAGEMENT, LLC	0.19%	30.77K	870.71K	30.77K	+100.00%
Sep 30, 2025	ARROW FINANCIAL CORP	11.23%	1.86M	52.56M	-30.99K	-1.64%
Sep 30, 2025	STATE OF WISCONSIN INVESTMENT BOARD	0.08%	13K	367.87K	-1.1K	-7.80%
Sep 30, 2025	AMERIPRISE FINANCIAL INC	0.09%	15.69K	444.03K	-10.66K	-40.46%
Sep 30, 2025	BANK OF AMERICA CORP /DE/	0.11%	17.52K	495.93K	-296	-1.66%
Sep 30, 2025	AQR CAPITAL MANAGEMENT LLC	0.2%	32.8K	928.1K	15.61K	+90.82%
Sep 30, 2025	JANE STREET GROUP, LLC	0.24%	38.9K	1.1M	19.17K	+97.14%
Sep 30, 2025	NUVEEN, LLC	0.29%	48.7K	1.38M	0	0
Sep 30, 2025	MIDWEST TRUST CO	0.1%	16.86K	477.2K	0	0
Sep 30, 2025	ALLIANCEBERNSTEIN L.P.	0.1%	17.08K	483.31K	0	0
Sep 30, 2025	JPMORGAN CHASE & CO	0.12%	20.2K	571.58K	3.14K	+18.42%
Sep 30, 2025	INVESCO LTD.	0.18%	29.02K	821.32K	3.68K	+14.54%
Sep 30, 2025	MILLENNIUM MANAGEMENT LLC	0.18%	29.48K	834.17K	29.48K	+100.00%
Sep 30, 2025	ACADIAN ASSET MANAGEMENT LLC	0.37%	60.95K	1.72M	36.22K	+146.48%
Sep 30, 2025	TWO SIGMA INVESTMENTS, LP	0.37%	61.49K	1.74M	13.92K	+29.26%
Sep 30, 2025	TWO SIGMA ADVISERS, LP	0.3%	50.12K	1.42M	15.99K	+46.87%
Sep 30, 2025	TRUST CO OF VERMONT	0.35%	57.37K	1.62M	0	0
Sep 30, 2025	JOHNSON INVESTMENT COUNSEL INC	0.36%	59.99K	1.7M	370	+0.62%
Sep 30, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	11.51K	325.73K	-800	-6.50%
Sep 30, 2025	CWM, LLC	0.01%	1.75K	50K	1.08K	+159.47%
Sep 30, 2025	ADIRONDACK TRUST CO	0.01%	2.46K	69.48K	0	0
Sep 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0.02%	3.22K	91.24K	1.61K	+100.00%
Sep 30, 2025	POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY	0.03%	4.6K	130.18K	1.25K	+37.40%
Sep 30, 2025	PLANTE MORAN FINANCIAL ADVISORS, LLC	0.03%	4.91K	138.81K	4.91K	+100.00%
Sep 30, 2025	FMR LLC	0.03%	4.96K	140.31K	141	+2.93%
Sep 30, 2025	NBT BANK N A /NY	0.04%	6.32K	178.72K	0	0
Sep 30, 2025	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.65K	188.22K	0	0
Sep 30, 2025	DEUTSCHE BANK AG\	0.04%	6.84K	193.43K	-32.61K	-82.67%
Sep 30, 2025	IFG ADVISORY, LLC	0.05%	7.94K	224.62K	0	0
Sep 30, 2025	BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC	0.05%	8.38K	237.15K	8.38K	+100.00%
Sep 30, 2025	JANNEY MONTGOMERY SCOTT LLC	0.05%	8.48K	240K	8.48K	+100.00%
Sep 30, 2025	FIRST TRUST ADVISORS LP	0.06%	9.11K	257.73K	-47.87K	-84.02%
Sep 30, 2025	METLIFE INVESTMENT MANAGEMENT, LLC	0.06%	9.86K	279.07K	9.86K	+100.00%
Sep 30, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.06%	10.45K	295.74K	0	0
Sep 30, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	310.03K	0	0
Sep 30, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	311.3K	0	0
Sep 30, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	311.3K	0	0
Sep 30, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	314.41K	0	0
Sep 30, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.11%	18.61K	526.7K	8.52K	+84.41%
Sep 30, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	638.62K	0	0
Sep 30, 2025	NORTHERN TRUST CORP	0.82%	135.51K	3.83M	-1.12K	-0.82%
Sep 30, 2025	UBS GROUP AG	0.09%	14.57K	412.25K	1.65K	+12.78%
Sep 30, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.68%	112.69K	3.19M	-9.34K	-7.65%
Sep 30, 2025	ATRIA INVESTMENTS, INC	0.16%	25.89K	732.76K	380	+1.49%
Sep 30, 2025	HIGHTOWER ADVISORS, LLC	0.12%	19.32K	546.74K	0	0
Sep 30, 2025	MARTINGALE ASSET MANAGEMENT L P	0.14%	22.83K	646.01K	-4.2K	-15.54%
Sep 30, 2025	BARCLAYS PLC	0.14%	23.2K	656.45K	-3.86K	-14.28%
Sep 30, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.15%	24.54K	695K	-2.82K	-10.31%
Sep 30, 2025	RHUMBLINE ADVISERS	0.15%	25K	707.43K	-310	-1.23%
Jun 30, 2025	TRUST CO OF VERMONT	0.35%	57.37K	1.52M	0	0
Jun 30, 2025	NORTHERN TRUST CORP	0.83%	136.62K	3.61M	-6.97K	-4.85%
Jun 30, 2025	RHINO INVESTMENT PARTNERS, INC	1.21%	199.95K	5.28M	3.67K	+1.87%
Jun 30, 2025	AMERICAN CENTURY COMPANIES INC	1.99%	328.68K	8.68M	5.68K	+1.76%
Jun 30, 2025	BLACKROCK, INC.	7.91%	1.31M	34.57M	-33.13K	-2.47%
Jun 30, 2025	ARROW FINANCIAL CORP	11.41%	1.89M	49.89M	1.07K	+0.06%
Jun 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.25%	372.48K	9.84M	-7.3K	-1.92%
Jun 30, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.72%	118.83K	3.14M	538	+0.45%
Jun 30, 2025	VANGUARD GROUP INC	5.27%	872.18K	23.04M	38.46K	+4.61%
Jun 30, 2025	DIMENSIONAL FUND ADVISORS LP	4.51%	746.58K	19.73M	3.21K	+0.43%
Jun 30, 2025	STATE STREET CORP	2.26%	373.15K	9.86M	-11.52K	-3.00%
Jun 30, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.74%	122.03K	3.22M	14.1K	+13.06%
Jun 30, 2025	RENAISSANCE TECHNOLOGIES LLC	1.58%	261.81K	6.92M	30.18K	+13.03%
Jun 30, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.48%	79.14K	2.09M	-6.63K	-7.73%
Jun 30, 2025	GOLDMAN SACHS GROUP INC	0.24%	40.02K	1.06B	-26.9K	-40.20%
Jun 30, 2025	ATRIA INVESTMENTS, INC	0.15%	25.51K	674.04K	4.4K	+20.84%
Jun 30, 2025	ACADIAN ASSET MANAGEMENT LLC	0.15%	24.73K	651K	12.86K	+108.37%
Jun 30, 2025	AQR CAPITAL MANAGEMENT LLC	0.1%	17.19K	454.05M	4.72K	+37.82%
Jun 30, 2025	ALLIANCEBERNSTEIN L.P.	0.1%	17.08K	451.2M	1.38K	+8.79%
Jun 30, 2025	JPMORGAN CHASE & CO	0.1%	17.06K	450.62K	-14.22K	-45.47%
Jun 30, 2025	CITADEL ADVISORS LLC	0.09%	14.67K	387.61M	-16.48K	-52.90%
Jun 30, 2025	STATE OF WISCONSIN INVESTMENT BOARD	0.09%	14.1K	372.5K	5.7K	+67.87%
Jun 30, 2025	JANE STREET GROUP, LLC	0.12%	19.73K	521.32K	-7.54K	-27.65%
Jun 30, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.12%	20.66K	545.71K	31	+0.15%
Jun 30, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.16%	26.02K	687.42K	4.83K	+22.77%
Jun 30, 2025	AMERIPRISE FINANCIAL INC	0.16%	26.35K	696.27K	6.62K	+33.53%
Jun 30, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.2%	33.81K	894K	188	+0.56%
Jun 30, 2025	TWO SIGMA ADVISERS, LP	0.21%	34.13K	901.58K	2.6K	+8.25%
Jun 30, 2025	FIRST TRUST ADVISORS LP	0.34%	56.98K	1.51M	2.22K	+4.05%
Jun 30, 2025	BANK OF NEW YORK MELLON CORP	0.53%	87.51K	2.31M	1.38K	+1.60%
Jun 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	126.84K	3.35M	2.56K	+2.06%
Jun 30, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.89%	146.77K	3.88M	-4.14K	-2.74%
Jun 30, 2025	BARCLAYS PLC	0.16%	27.06K	715K	10.59K	+64.29%
Jun 30, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.17%	27.36K	723K	77	+0.28%
Jun 30, 2025	FRANKLIN RESOURCES INC	0.23%	37.76K	997.57K	-37.74K	-49.99%
Jun 30, 2025	DEUTSCHE BANK AG\	0.24%	39.45K	1.04M	-2.96K	-6.98%
Jun 30, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	289.43K	0	0
Jun 30, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	290.62K	0	0
Jun 30, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	290.62K	0	0
Jun 30, 2025	MIDWEST TRUST CO	0.1%	16.86K	445.49K	16.86K	+100.00%
Jun 30, 2025	NUVEEN, LLC	0.29%	48.7K	1.29M	-9.48K	-16.30%
Jun 30, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	293.53K	0	0
Jun 30, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	12.31K	325.23K	0	0
Jun 30, 2025	INVESCO LTD.	0.15%	25.34K	669.43K	-7.27K	-22.30%
Jun 30, 2025		0.07%	11K	290.62K	0	0
Jun 30, 2025	UBS GROUP AG	0.08%	12.92K	341.24K	-14.6K	-53.05%
Jun 30, 2025	BANK OF AMERICA CORP /DE/	0.11%	17.82K	470.8K	-1.59K	-8.21%
Jun 30, 2025	HIGHTOWER ADVISORS, LLC	0.12%	19.32K	510.42K	4.71K	+32.23%
Jun 30, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	596.19K	0	0
Jun 30, 2025	GLOBAL RETIREMENT PARTNERS, LLC	0%	773	20.42M	773	+100.00%
Jun 30, 2025	EVERSOURCE WEALTH ADVISORS, LLC	0%	692	18.28K	361	+109.06%
Jun 30, 2025	GAMMA INVESTING LLC	0%	618	16.33K	-267	-30.17%
Jun 30, 2025	GLENMEDE INVESTMENT MANAGEMENT, LP	0%	144	3.8K	144	+100.00%
Jun 30, 2025	MAI CAPITAL MANAGEMENT	0%	84	2.22K	84	+100.00%
Jun 30, 2025	ROTHSCHILD INVESTMENT LLC	0%	50	1.32K	45	+900.00%
Jun 30, 2025	GENEOS WEALTH MANAGEMENT INC.	0%	41	1.08K	0	0
Jun 30, 2025	JOHNSON INVESTMENT COUNSEL INC	0.36%	59.62K	1.58M	520	+0.88%
Jun 30, 2025	MORGAN STANLEY	1.28%	211.98K	5.6B	298	+0.14%
Jun 30, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.06%	10.45K	276.09K	10.45K	+100.00%
Jun 30, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.06%	10.09K	266.64K	2.04K	+25.26%
Jun 30, 2025	MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.	0.05%	9.03K	238.65K	-763	-7.79%
Jun 30, 2025	IFG ADVISORY, LLC	0.05%	7.94K	209.7K	0	0
Jun 30, 2025	RAYMOND JAMES FINANCIAL INC	0.05%	7.48K	197.65K	7.48K	+100.00%
Jun 30, 2025	NBT BANK N A /NY	0.04%	6.32K	166.84K	0	0
Jun 30, 2025	ROYAL BANK OF CANADA	0.04%	6.28K	167K	28	+0.45%
Jun 30, 2025	FMR LLC	0.03%	4.82K	127.27M	-342	-6.63%
Jun 30, 2025	ADIRONDACK TRUST CO	0.01%	2.46K	64.86K	0	0
Jun 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0.01%	1.61K	42.59M	648	+67.22%
Jun 30, 2025	CLEAN YIELD GROUP	0.01%	1.46K	38.52K	0	0
Jun 30, 2025	BROWN, LISLE/CUMMINGS, INC.	0.01%	1.29K	33.94K	14	+1.10%
Jun 30, 2025	GREAT WEST LIFE ASSURANCE CO /CAN/	0.01%	1.23K	32K	201	+19.63%
Jun 30, 2025	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	0.01%	1.19K	31.44M	0	0
Jun 30, 2025	STERLING CAPITAL MANAGEMENT LLC	0%	442	11.68K	159	+56.18%
Jun 30, 2025	HARBOUR INVESTMENTS, INC.	0%	320	8.45K	320	+100.00%
Jun 30, 2025	ALLSQUARE WEALTH MANAGEMENT LLC	0%	172	4.54K	0	0
Jun 30, 2025	JONES FINANCIAL COMPANIES LLLP	0%	160	4.28K	-46	-22.33%
Jun 30, 2025	MARSHALL WACE, LLP	0.14%	23.3K	615.56K	23.3K	+100.00%
Jun 30, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.06K	661.98K	7	+0.03%
Jun 30, 2025	RHUMBLINE ADVISERS	0.15%	25.31K	668.62K	367	+1.47%
Jun 30, 2025	MARTINGALE ASSET MANAGEMENT L P	0.16%	27.03K	714.05K	-8.17K	-23.21%
Jun 30, 2025	TWO SIGMA INVESTMENTS, LP	0.29%	47.57K	1.26M	13.11K	+38.04%
Mar 31, 2025	BANK OF NEW YORK MELLON CORP	0.52%	86.14K	2.26M	-377	-0.44%
Mar 31, 2025	ARROW FINANCIAL CORP	11.32%	1.89M	49.62M	-12.32K	-0.65%
Mar 31, 2025	UBS GROUP AG	0.17%	27.51K	723.27K	13.93K	+102.55%
Mar 31, 2025	JANE STREET GROUP, LLC	0.16%	27.27K	716.98K	15.48K	+131.31%
Mar 31, 2025	BLACKROCK, INC.	8.05%	1.34M	35.27M	-38.47K	-2.79%
Mar 31, 2025	VANGUARD GROUP INC	5%	833.73K	21.92M	30.46K	+3.79%
Mar 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.75%	124.28K	3.27M	-2.5K	-1.97%
Mar 31, 2025	DEUTSCHE BANK AG\	0.25%	42.41K	1.11M	30.89K	+268.24%
Mar 31, 2025	MARTINGALE ASSET MANAGEMENT L P	0.21%	35.2K	925.3K	35.2K	+100.00%
Mar 31, 2025	TWO SIGMA INVESTMENTS, LP	0.21%	34.46K	905.9K	9.64K	+38.87%
Mar 31, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.2%	33.62K	884K	4.27K	+14.56%
Mar 31, 2025	INVESCO LTD.	0.2%	32.61K	857.29K	-5.34K	-14.07%
Mar 31, 2025	TWO SIGMA ADVISERS, LP	0.19%	31.53K	828.79K	1.3K	+4.30%
Mar 31, 2025	CITADEL ADVISORS LLC	0.19%	31.15K	818.93K	13.07K	+72.31%
Mar 31, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.12%	20.62K	542.21K	12.33K	+148.78%
Mar 31, 2025	AMERIPRISE FINANCIAL INC	0.12%	19.74K	518.86K	5.54K	+38.99%
Mar 31, 2025	BANK OF AMERICA CORP /DE/	0.12%	19.41K	510.39K	-5.56K	-22.27%
Mar 31, 2025	FINANCIAL COUNSELORS INC	0.1%	16.86K	443.3K	2K	+13.46%
Mar 31, 2025	BARCLAYS PLC	0.1%	16.47K	433K	-8.22K	-33.30%
Mar 31, 2025	RENAISSANCE TECHNOLOGIES LLC	1.39%	231.62K	6.09M	-700	-0.30%
Mar 31, 2025	MORGAN STANLEY	1.27%	211.69K	5.57M	-18.48K	-8.03%
Mar 31, 2025	RHINO INVESTMENT PARTNERS, INC	1.18%	196.28K	5.16M	6.19K	+3.26%
Mar 31, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.91%	150.91K	3.97M	-27.77K	-15.54%
Mar 31, 2025	NORTHERN TRUST CORP	0.86%	143.59K	3.78M	-5.33K	-3.58%
Mar 31, 2025	FRANKLIN RESOURCES INC	0.45%	75.5K	1.98M	-12.96K	-14.65%
Mar 31, 2025	GOLDMAN SACHS GROUP INC	0.4%	66.93K	1.76M	-17.25K	-20.49%
Mar 31, 2025	JPMORGAN CHASE & CO	0.19%	31.28K	822.33K	-25.29K	-44.71%
Mar 31, 2025	ALLIANCEBERNSTEIN L.P.	0.09%	15.7K	412.7K	0	0
Mar 31, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.71%	118.29K	3.11M	932	+0.79%
Mar 31, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.65%	107.93K	2.84M	-11.9K	-9.93%
Mar 31, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.51%	85.77K	2.25M	7.23K	+9.20%
Mar 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.28%	379.78K	9.99M	10.88K	+2.95%
Mar 31, 2025	AMERICAN CENTURY COMPANIES INC	1.94%	323K	8.49M	18.03K	+5.91%
Mar 31, 2025	TRUST CO OF VERMONT	0.34%	57.37K	1.51M	0	0
Mar 31, 2025	ATRIA INVESTMENTS, INC	0.13%	21.11K	555.06K	1.35K	+6.80%
Mar 31, 2025	JOHNSON INVESTMENT COUNSEL INC	0.35%	59.1K	1.55M	19.2K	+48.12%
Mar 31, 2025	FIRST TRUST ADVISORS LP	0.33%	54.76K	1.44M	-837	-1.51%
Mar 31, 2025		0.11%	18.34K	482.13K	18.34K	+100.00%
Mar 31, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.16%	27.29K	717K	1.86K	+7.30%
Mar 31, 2025	SQUAREPOINT OPS LLC	0.16%	26.2K	688.9K	-1.68K	-6.01%
Mar 31, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.05K	658.54K	7	+0.03%
Mar 31, 2025	RHUMBLINE ADVISERS	0.15%	24.94K	655.69K	-1.22K	-4.67%
Mar 31, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	593.26K	12.09K	+115.41%
Mar 31, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.13%	21.19K	557.18K	1.29K	+6.48%
Mar 31, 2025	HIGHTOWER ADVISORS, LLC	0.09%	14.61K	384.11K	688	+4.94%
Mar 31, 2025	AQR CAPITAL MANAGEMENT LLC	0.07%	12.47K	327.84K	2.95K	+30.97%
Mar 31, 2025	CITIGROUP INC	0.07%	12.34K	324.45K	-1.22K	-8.96%
Mar 31, 2025	DIMENSIONAL FUND ADVISORS LP	4.46%	743.37K	19.54M	6.8K	+0.92%
Mar 31, 2025	STATE STREET CORP	2.31%	384.67K	10.11M	-8.91K	-2.26%
Mar 31, 2024	FIRST TRUST ADVISORS LP	0.05%	8.36K	209.27K	-461	-5.22%
Mar 31, 2024	GSA CAPITAL PARTNERS LLP	0.05%	9.2K	230K	9.2K	+100.00%
Mar 31, 2024	BARCLAYS PLC	0.06%	10.19K	255K	-9.91K	-49.31%
Mar 31, 2024	LPL FINANCIAL LLC	0.06%	10.36K	259.3K	59	+0.57%
Mar 31, 2024	KING WEALTH	0.06%	10.91K	276K	-352	-3.13%
Mar 31, 2024	XTX TOPCO LTD	0.07%	11.36K	284.1K	-3.82K	-25.15%
Mar 31, 2024	PRIVATE ADVISOR GROUP, LLC	0.07%	11.45K	286.5K	0	0
Mar 31, 2024	NBT BANK N A /NY	0.07%	11.78K	294.69K	0	0
Mar 31, 2024	CITADEL ADVISORS LLC	0.07%	12.3K	307.85K	-15.68K	-56.03%
Mar 31, 2024	WASHINGTON TRUST ADVISORS, INC.	0.08%	13.21K	330.52K	-300	-2.22%
Mar 31, 2024	FINANCIAL COUNSELORS INC	0.12%	19.61K	490.69K	2K	+11.36%
Mar 31, 2024	ADIRONDACK TRUST CO	0.13%	21.98K	550.04K	0	0
Mar 31, 2024	RHUMBLINE ADVISERS	0.14%	23.17K	579.6K	509	+2.25%
Mar 31, 2024	COMMONWEALTH EQUITY SERVICES, LLC	0.14%	23.7K	593K	23.7K	+100.00%
Mar 31, 2024	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	599.35K	0	0
Mar 31, 2024	M&T BANK CORP	0.15%	24.49K	612.72K	-1.96K	-7.39%
Mar 31, 2024	EMPOWERED FUNDS, LLC	0.16%	26.76K	669.64K	1.93K	+7.75%
Mar 31, 2024	JPMORGAN CHASE & CO	0.16%	27.02K	676.07K	10.03K	+59.06%
Mar 31, 2024	PRICE T ROWE ASSOCIATES INC /MD/	0.17%	28.38K	710K	-2.45K	-7.94%
Mar 31, 2024	CLARIVEST ASSET MANAGEMENT LLC	0.21%	36.23K	906.48K	5.95K	+19.66%
Mar 31, 2024	GOLDMAN SACHS GROUP INC	0.22%	36.68K	917.66K	26	+0.07%
Mar 31, 2024	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	130.37K	3.26M	1.45K	+1.13%
Mar 31, 2024	FRANKLIN RESOURCES INC	0.8%	134.81K	3.37M	0	0
Mar 31, 2024	NORTHERN TRUST CORP	0.86%	145.59K	3.64M	-2.33K	-1.58%
Mar 31, 2024	ARROW FINANCIAL CORP	10.83%	1.83M	45.71M	100.36K	+5.81%
Mar 31, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	0.16%	26.76K	669.64K	1.93K	+7.75%
Mar 31, 2024	AMERIPRISE FINANCIAL INC	0.22%	36.77K	919.89K	10.34K	+39.15%
Mar 31, 2024	TRUST CO OF VERMONT	0.23%	38.54K	964.3K	-374	-0.96%
Mar 31, 2024	TWO SIGMA ADVISERS, LP	0.23%	39.43K	986.41K	-1.3K	-3.19%
Mar 31, 2024	JOHNSON INVESTMENT COUNSEL INC	0.24%	39.9K	998.35K	-17.8K	-30.85%
Mar 31, 2024	INVESCO LTD.	0.31%	52.36K	1.31M	35.81K	+216.32%
Mar 31, 2024	NUVEEN ASSET MANAGEMENT, LLC	0.34%	58.18K	1.46M	0	0
Mar 31, 2024	UBS GROUP AG	0.4%	67.52K	1.69M	-1.21K	-1.76%
Mar 31, 2024	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.65%	109.33K	2.74M	109.33K	+100.00%
Mar 31, 2024	BANK OF NEW YORK MELLON CORP	0.68%	115.5K	2.89M	-2.56K	-2.17%
Mar 31, 2024	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.69%	115.89K	2.9M	519	+0.45%
Mar 31, 2024	BANK OF AMERICA CORP /DE/	0.09%	15.22K	380.88K	-11.43K	-42.88%
Mar 31, 2024	ALLIANCEBERNSTEIN L.P.	0.09%	15.27K	382.06K	-30	-0.20%
Mar 31, 2024	HIGHTOWER ADVISORS, LLC	0.09%	15.98K	401K	-205	-1.27%
Mar 31, 2024	MILLENNIUM MANAGEMENT LLC	0.1%	16.79K	420.14K	-16.79K	-49.99%
Mar 31, 2024	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.1%	17.49K	437.48K	2.69K	+18.16%
Mar 31, 2024	TWO SIGMA INVESTMENTS, LP	0.11%	19.37K	484.51K	19.37K	+100.00%
Mar 31, 2024	VOYA INVESTMENT MANAGEMENT LLC	0.88%	149.01K	3.73M	19.04K	+14.65%
Mar 31, 2024	MORGAN STANLEY	1.07%	182.12K	4.56M	-34.14K	-15.79%
Mar 31, 2024	AMERICAN CENTURY COMPANIES INC	1.39%	234.49K	5.87M	49.39K	+26.68%
Mar 31, 2024	RENAISSANCE TECHNOLOGIES LLC	1.58%	269.01K	6.73M	6.78K	+2.59%
Mar 31, 2024	GEODE CAPITAL MANAGEMENT, LLC	2.01%	342.29K	8.57M	2.53K	+0.74%
Mar 31, 2024	STATE STREET CORP	2.22%	376.71K	9.43M	2.36K	+0.63%
Mar 31, 2024	DIMENSIONAL FUND ADVISORS LP	3.93%	668.99K	16.74M	35.11K	+5.54%
Mar 31, 2024	VANGUARD GROUP INC	4.68%	795.27K	19.9M	10.64K	+1.36%
Mar 31, 2024	BLACKROCK INC.	7.06%	1.2M	30.03M	-54.52K	-4.35%
Mar 31, 2024	SIGNATUREFD, LLC	0.01%	1.68K	42.03K	0	0
Mar 31, 2024	CITIGROUP INC	0.02%	3.24K	80.94K	785	+32.04%
Mar 31, 2024	SG AMERICAS SECURITIES, LLC	0.03%	5.16K	129K	-2.87K	-35.72%
Mar 31, 2024	FMR LLC	0.03%	5.27K	131.75K	-55	-1.03%
Mar 31, 2024	WELLS FARGO & COMPANY/MN	0.03%	5.74K	143.56K	329	+6.08%
Mar 31, 2024	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.15K	154K	304	+5.20%
Mar 31, 2024	ACADIAN ASSET MANAGEMENT LLC	0.04%	6.33K	157K	6.33K	+100.00%
Mar 31, 2024	BNP PARIBAS ARBITRAGE, SNC	0.04%	7.26K	181.72K	3.46K	+90.93%
Mar 31, 2024	AMERICAN INTERNATIONAL GROUP, INC.	0.04%	7.27K	181.8K	-62	-0.85%
Mar 31, 2024	METLIFE INVESTMENT MANAGEMENT, LLC	0.05%	7.8K	195.03K	0	0
Mar 31, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0.05%	8.06K	200.77K	8.06K	+100.00%
Mar 31, 2024	CREATIVE PLANNING	0.05%	8.13K	203.4K	191	+2.41%
Mar 31, 2024	PINNACLE WEALTH PLANNING SERVICES, INC.	0.05%	8.22K	205.56K	0	0
Dec 31, 2023	VOYA INVESTMENT MANAGEMENT LLC	0.76%	129.97K	3.63M	-20.14K	-13.42%
Dec 31, 2023	KING WEALTH	0.07%	11.26K	315K	-5.54K	-32.98%
Dec 31, 2023	PRIVATE ADVISOR GROUP, LLC	0.07%	11.45K	319.94K	221	+1.97%
Dec 31, 2023	NBT BANK N A /NY	0.07%	11.78K	329.08K	-1	-0.01%
Dec 31, 2023	WASHINGTON TRUST ADVISORS, INC.	0.08%	13.51K	377.47K	-700	-4.93%
Dec 31, 2023	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	0.08%	13.61K	380K	8.56K	+169.22%
Dec 31, 2023	HRT FINANCIAL LP	0.08%	14.18K	396K	14.18K	+100.00%
Dec 31, 2023	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.09%	14.8K	413.46K	14.8K	+100.00%
Dec 31, 2023	XTX TOPCO LTD	0.09%	15.17K	423.85K	15.17K	+100.00%
Dec 31, 2023	ALLIANCEBERNSTEIN L.P.	0.09%	15.3K	427.48K	-902	-5.57%
Dec 31, 2023	HIGHTOWER ADVISORS, LLC	0.09%	16.19K	452K	206	+1.29%
Dec 31, 2023	INVESCO LTD.	0.1%	16.55K	462.49K	832	+5.29%
Dec 31, 2023	JPMORGAN CHASE & CO	0.1%	16.99K	474.65K	6.69K	+65.03%
Dec 31, 2023	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.1%	17K	475K	17K	+100.00%
Dec 31, 2023	FINANCIAL COUNSELORS INC	0.1%	17.61K	492.08K	0	0
Dec 31, 2023	BARCLAYS PLC	0.12%	20.1K	561K	14.65K	+268.62%
Dec 31, 2023	ADIRONDACK TRUST CO	0.13%	21.98K	526.95K	635	+2.97%
Dec 31, 2023	JANE STREET GROUP, LLC	0.13%	22.22K	620.72K	22.22K	+100.00%
Dec 31, 2023	RHUMBLINE ADVISERS	0.13%	22.66K	633.02K	155	+0.69%
Dec 31, 2023	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	669K	0	0
Dec 31, 2023	BRIDGEWAY CAPITAL MANAGEMENT, LLC	0.15%	24.84K	694K	2.11K	+9.29%
Dec 31, 2023	EMPOWERED FUNDS, LLC	0.15%	24.84K	694M	2.11K	+9.29%
Dec 31, 2023	AMERIPRISE FINANCIAL INC	0.16%	26.42K	738.23K	-641	-2.37%
Dec 31, 2023	M&T BANK CORP	0.16%	26.44K	738.85K	32	+0.12%
Dec 31, 2023	BANK OF AMERICA CORP /DE/	0.16%	26.65K	744.57K	6.03K	+29.27%
Dec 31, 2023	CITADEL ADVISORS LLC	0.16%	27.98K	781.85K	19.28K	+221.46%
Dec 31, 2023	CLARIVEST ASSET MANAGEMENT LLC	0.18%	30.28K	845.97K	30.28K	+100.00%
Dec 31, 2023	PRICE T ROWE ASSOCIATES INC /MD/	0.18%	30.82K	862K	-7.16K	-18.85%
Dec 31, 2023	MILLENNIUM MANAGEMENT LLC	0.2%	33.58K	938.2K	33.58K	+100.00%
Dec 31, 2023	GOLDMAN SACHS GROUP INC	0.22%	36.65K	1.02M	-3.18K	-7.99%
Dec 31, 2023	TRUST CO OF VERMONT	0.23%	38.92K	1.09M	-190	-0.49%
Dec 31, 2023	TWO SIGMA ADVISERS, LP	0.24%	40.73K	1.14M	-18.06K	-30.72%
Dec 31, 2023	JOHNSON INVESTMENT COUNSEL INC	0.34%	57.7K	1.61M	-4.13K	-6.68%
Dec 31, 2023	NUVEEN ASSET MANAGEMENT, LLC	0.34%	58.18K	1.63M	10K	+20.76%
Dec 31, 2023	UBS GROUP AG	0.4%	68.73K	1.92M	6.35K	+10.17%
Dec 31, 2023	ZACKS INVESTMENT MANAGEMENT	0.51%	87.36K	2.44M	87.36K	+100.00%
Dec 31, 2023	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.68%	115.37K	3.22M	458	+0.40%
Dec 31, 2023	BANK OF NEW YORK MELLON CORP	0.69%	118.06K	3.3M	-3.11K	-2.57%
Dec 31, 2023	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.76%	128.92K	3.6M	1.82K	+1.43%
Dec 31, 2023	FRANKLIN RESOURCES INC	0.79%	134.81K	3.77M	9.09K	+7.23%
Dec 31, 2023	NORTHERN TRUST CORP	0.87%	147.92K	4.13M	-6.71K	-4.34%
Dec 31, 2023	AMERICAN CENTURY COMPANIES INC	1.09%	185.1K	5.17M	34.29K	+22.74%
Dec 31, 2023	AQR CAPITAL MANAGEMENT LLC	0.05%	8.87K	247.69K	8.87K	+100.00%
Dec 31, 2023	LPL FINANCIAL LLC	0.06%	10.31K	287.91K	10.31K	+100.00%
Dec 31, 2023	MORGAN STANLEY	1.27%	216.26K	6.04M	24.51K	+12.78%
Dec 31, 2023	RENAISSANCE TECHNOLOGIES LLC	1.54%	262.22K	7.33M	-6.4K	-2.38%
Dec 31, 2023	GEODE CAPITAL MANAGEMENT, LLC	1.99%	339.76K	9.49M	14.08K	+4.32%
Dec 31, 2023	STATE STREET CORP	2.2%	374.35K	10.46M	-62.22K	-14.25%
Dec 31, 2023	DIMENSIONAL FUND ADVISORS LP	3.72%	633.88K	17.71M	-9.92K	-1.54%
Dec 31, 2023	VANGUARD GROUP INC	4.6%	784.64K	21.92M	-38.82K	-4.71%
Dec 31, 2023	BLACKROCK INC.	7.36%	1.25M	35.06M	7.13K	+0.57%
Dec 31, 2023	ARROW FINANCIAL CORP	10.13%	1.73M	48.24M	18.94K	+1.11%
Sep 30, 2023	BLACKROCK INC.	7.54%	1.25M	-	-68.98K	-5.24%
Sep 30, 2023	NISA INVESTMENT ADVISORS, LLC	0.02%	3.16K	-	92	+2.99%
Sep 30, 2023	ROYAL BANK OF CANADA	0.02%	3.88K	-	1.77K	+83.72%
Sep 30, 2023	WELLS FARGO & COMPANY/MN	0.03%	4.51K	-	-21.24K	-82.48%
Sep 30, 2023	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	0.03%	5.06K	-	-8.16K	-61.74%
Sep 30, 2023	FMR LLC	0.03%	5.29K	-	-141	-2.60%
Sep 30, 2023	BARCLAYS PLC	0.03%	5.45K	-	-347	-5.98%
Sep 30, 2023	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	5.86K	-	179	+3.15%
Sep 30, 2023	BNP PARIBAS ARBITRAGE, SNC	0.04%	6.47K	-	-1.03K	-13.74%
Sep 30, 2023	SG AMERICAS SECURITIES, LLC	0.04%	6.58K	-	6.58K	+100.00%
Sep 30, 2023	AMERICAN INTERNATIONAL GROUP, INC.	0.04%	7.36K	-	467	+6.78%
Sep 30, 2023	METLIFE INVESTMENT MANAGEMENT, LLC	0.05%	7.8K	-	226	+2.99%
Sep 30, 2023	CREATIVE PLANNING	0.06%	10.11K	-	-5.29K	-34.33%
Sep 30, 2023	DEUTSCHE BANK AG\	0.06%	10.53K	-	1.46K	+16.09%
Sep 30, 2023	PRIVATE ADVISOR GROUP, LLC	0.07%	11.23K	-	326	+2.99%
Sep 30, 2023	NBT BANK N A /NY	0.07%	11.78K	-	343	+3.00%
Sep 30, 2023	CREDIT SUISSE AG/	0.08%	12.5K	-	-525	-4.03%
Sep 30, 2023	WASHINGTON TRUST ADVISORS, INC.	0.09%	14.21K	-	413	+2.99%
Sep 30, 2023	INVESCO LTD.	0.1%	15.72K	-	551	+3.63%
Sep 30, 2023	HIGHTOWER ADVISORS, LLC	0.1%	15.98K	-	770	+5.06%
Sep 30, 2023	ALLIANCEBERNSTEIN L.P.	0.1%	16.2K	-	933	+6.11%
Sep 30, 2023	TEACHER RETIREMENT SYSTEM OF TEXAS	0.1%	16.6K	-	-2.69K	-13.93%
Sep 30, 2023	KING WEALTH	0.1%	16.81K	-	2.79K	+19.93%
Sep 30, 2023	FINANCIAL COUNSELORS INC	0.11%	17.61K	-	510	+2.98%
Sep 30, 2023	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	0.11%	18.35K	-	-973	-5.04%
Sep 30, 2023	ADIRONDACK TRUST CO	0.13%	21.35K	-	1K	+4.91%
Sep 30, 2023	RHUMBLINE ADVISERS	0.14%	22.5K	-	484	+2.20%
Sep 30, 2023	EMPOWERED FUNDS, LLC	0.14%	22.73K	-	2.37K	+11.64%
Sep 30, 2023	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	-	697	+3.00%
Sep 30, 2023	M&T BANK CORP	0.16%	26.41K	-	630	+2.44%
Sep 30, 2023	AMERIPRISE FINANCIAL INC	0.16%	27.06K	-	498	+1.87%
Sep 30, 2023	SWISS NATIONAL BANK	0.22%	36.72K	-	1.07K	+3.00%
Sep 30, 2023	TRUST CO OF VERMONT	0.24%	39.11K	-	1.14K	+2.99%
Sep 30, 2023	GOLDMAN SACHS GROUP INC	0.24%	39.83K	-	-819	-2.01%
Sep 30, 2023	NUVEEN ASSET MANAGEMENT, LLC	0.29%	48.18K	-	-18.91K	-28.19%
Sep 30, 2023	TWO SIGMA INVESTMENTS, LP	0.32%	52.53K	-	-2.69K	-4.88%
Sep 30, 2023	TWO SIGMA ADVISERS, LP	0.36%	58.78K	-	-7.18K	-10.88%
Sep 30, 2023	ARROW FINANCIAL CORP	10.32%	1.71M	-	133.97K	+8.51%
Sep 30, 2023	JOHNSON INVESTMENT COUNSEL INC	0.37%	61.83K	-	1.8K	+3.00%
Sep 30, 2023	UBS GROUP AG	0.38%	62.38K	-	1.79K	+2.95%
Sep 30, 2023	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.69%	114.91K	-	34.67K	+43.20%
Sep 30, 2023	BANK OF NEW YORK MELLON CORP	0.73%	121.17K	-	5.64K	+4.88%
Sep 30, 2023	FRANKLIN RESOURCES INC	0.76%	125.71K	-	-9.47K	-7.01%
Sep 30, 2023	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	127.1K	-	9.72K	+8.28%
Sep 30, 2023	VOYA INVESTMENT MANAGEMENT LLC	0.91%	150.11K	-	63.38K	+73.08%
Sep 30, 2023	AMERICAN CENTURY COMPANIES INC	0.91%	150.81K	-	22.05K	+17.12%
Sep 30, 2023	NORTHERN TRUST CORP	0.93%	154.63K	-	7.17K	+4.86%
Sep 30, 2023	MORGAN STANLEY	1.16%	191.75K	-	73.88K	+62.68%
Sep 30, 2023	GEODE CAPITAL MANAGEMENT, LLC	1.97%	325.68K	-	26.83K	+8.98%
Sep 30, 2023	DIMENSIONAL FUND ADVISORS LP	3.89%	643.8K	-	-49.88K	-7.19%

Insiders

Among the AROW insiders holding of 2.7% of the stake in company, HOY THOMAS L, director, holds the largest shares of 194.16K. DAKE GARY C, director, is the second largest AROW insider with ownership of 56.72K shares. MILLER ELIZABETH, director, stands third with possession of 31.63K shares of that stake.

Insiders	Designation	Shares Held
HOY THOMAS L	director	194.16K
DAKE GARY C	director	56.72K
MILLER ELIZABETH	director	31.63K
O'CONOR RAYMOND F	director	29.29K
IVANOV PENKO KRASSIMIR	SEVP, Treasurer and CFO	26.39K
OWENS WILLIAM L	director	14.79K
WISE ANDREW J	SEVP, Chief Risk Officer	9.83K
BEHAN MARK	director	7.21K
WHITE DANIEL JAMES	director	6.89K
KAISER DAVID D	SVP	5.98K
DEMARCO DAVID S.	President & CEO	3.04K
READ COLIN L	director	3.02K
DUFFY KRISTINE D	director	1K
REISMAN RICHARD J DMD	director	0

Buying/Selling by Insiders

Date	Insider	Type	Cost	Shares	Value ($)	Shares Total
Dec 24, 2025	DEMARCO DAVID S.	PURCHASE	31.78	3.04K	96.45K	3.04K
Nov 10, 2025	WHITE DANIEL JAMES	PURCHASE	30.14	1.64K	49.55K	6.89K
Nov 04, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.82	1.62K	48.22K	26.39K
Sep 10, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.10	4.9K	142.59K	24.64K
Aug 27, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.38	3.93K	115.32K	12.71K
Aug 26, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.46	1.08K	31.76K	8.79K
Aug 08, 2025	DUFFY KRISTINE D	PURCHASE	26.53	210	5.57K	1K
Aug 06, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	26.50	1.43K	37.76K	7.71K
May 01, 2025	O'CONOR RAYMOND F	SALE	23.78	2K	47.56K	29.29K
Apr 01, 2025	O'CONOR RAYMOND F	SALE	25.94	2K	51.88K	31.02K
Mar 03, 2025	O'CONOR RAYMOND F	SALE	26.90	2K	53.8K	33.02K
Feb 03, 2025	O'CONOR RAYMOND F	SALE	25.28	2K	50.56K	35.02K
Jan 31, 2025	WHITE DANIEL JAMES	PURCHASE	27.23	3.67K	99.88K	4.34K
Jan 02, 2025	O'CONOR RAYMOND F	SALE	28.85	2K	57.7K	35.86K
Dec 02, 2024	O'CONOR RAYMOND F	SALE	32.69	2K	65.38K	37.86K
Nov 04, 2024	O'CONOR RAYMOND F	SALE	28.50	2K	57K	39.5K
Oct 01, 2024	O'CONOR RAYMOND F	SALE	28.04	2K	56.08K	41.18K
Sep 03, 2024	O'CONOR RAYMOND F	SALE	30.09	2K	60.18K	43.18K
Aug 15, 2024	O'CONOR RAYMOND F	SALE	28.13	2K	56.26K	45.18K
May 10, 2024	O'CONOR RAYMOND F	SALE	23.63	4K	94.54K	46.42K
Feb 07, 2024	DAKE GARY C	PURCHASE	23.73	2K	47.46K	56.72K
Feb 06, 2024	WISE ANDREW J	PURCHASE	23.57	1K	23.57K	9.83K
Nov 28, 2023	WISE ANDREW J	PURCHASE	24.76	1K	24.76K	8.68K
Nov 22, 2023	WISE ANDREW J	PURCHASE	24.49	1K	24.49K	7.68K
Nov 03, 2023	READ COLIN L	PURCHASE	22.84	1.88K	42.85K	3.02K
Nov 03, 2023	KAISER DAVID D	PURCHASE	23.25	1.08K	24.99K	5.98K
Nov 02, 2023	READ COLIN L	PURCHASE	21.80	1.14K	24.93K	1.14K
Nov 01, 2023	OWENS WILLIAM L	PURCHASE	21.27	710	15.1K	14.79K
Nov 01, 2023	MILLER ELIZABETH	PURCHASE	21.52	3.75K	80.7K	31.63K
Oct 30, 2023	READ COLIN L	PURCHASE	21.33	7.5K	159.98K	25.27K
Oct 27, 2023	DAKE GARY C	PURCHASE	20.58	4.8K	98.78K	53.47K
Oct 27, 2023	BEHAN MARK	PURCHASE	20.83	479	9.98K	7.21K
Oct 27, 2023	READ COLIN L	PURCHASE	20.66	7.5K	154.95K	17.77K
Oct 11, 2023	BEHAN MARK	PURCHASE	18.02	493	8.88K	6.73K
Oct 11, 2023	OWENS WILLIAM L	PURCHASE	18.02	701	12.63K	14.08K
Mar 10, 2023	DAKE GARY C	PURCHASE	27.57	1K	27.57K	46.33K
Feb 06, 2023	READ COLIN L	SALE	31.70	300	9.51K	9.42K
Feb 03, 2023	READ COLIN L	SALE	32.47	300	9.74K	9.72K
Feb 02, 2023	READ COLIN L	SALE	32.48	300	9.74K	10.02K
Feb 01, 2023	READ COLIN L	SALE	32.55	300	9.77K	10.32K
Jan 31, 2023	READ COLIN L	SALE	33.00	300	9.9K	10.62K
Jan 30, 2023	READ COLIN L	SALE	32.74	300	9.82K	10.92K
Jan 27, 2023	READ COLIN L	SALE	32.70	300	9.81K	11.22K
Jan 26, 2023	READ COLIN L	SALE	32.56	300	9.77K	11.52K
Jan 25, 2023	READ COLIN L	SALE	32.65	300	9.8K	11.82K
Jan 24, 2023	READ COLIN L	SALE	33.21	300	9.96K	12.12K
Jan 23, 2023	READ COLIN L	SALE	33.37	300	10.01K	12.42K
Jan 20, 2023	READ COLIN L	SALE	33.19	300	9.96K	12.72K
Jan 19, 2023	READ COLIN L	SALE	33.04	300	9.91K	13.02K
Jan 18, 2023	READ COLIN L	SALE	32.85	300	9.86K	13.32K
Jan 17, 2023	READ COLIN L	SALE	33.32	300	10K	13.62K
Jan 13, 2023	READ COLIN L	SALE	33.64	300	10.09K	13.92K
Jan 12, 2023	READ COLIN L	SALE	33.58	300	10.07K	14.22K
Jan 11, 2023	READ COLIN L	SALE	33.22	300	9.96K	14.23K
Jan 10, 2023	READ COLIN L	SALE	33.31	300	9.99K	14.53K
Jan 09, 2023	READ COLIN L	SALE	34.50	300	10.35K	14.83K
Jan 05, 2023	READ COLIN L	SALE	33.56	300	10.07K	15.13K
Jan 04, 2023	READ COLIN L	SALE	33.94	300	10.18K	15.73K
Jan 03, 2023	READ COLIN L	SALE	33.93	300	10.18K	16.03K
Dec 30, 2022	READ COLIN L	SALE	34.04	300	10.21K	16.33K
Nov 23, 2022	OWENS WILLIAM L	SALE	34.76	2	69.51	12.5K
Aug 22, 2022	DEMARCO DAVID S.	SALE	34.35	175	6.01K	32.29K
May 20, 2022	DAKE GARY C	PURCHASE	31.46	785	24.69K	40.92K
May 05, 2022	DAKE GARY C	PURCHASE	31.91	450	14.36K	39.81K
Nov 09, 2021	O'CONOR RAYMOND F	SALE	36.57	800	29.26K	45.47K
Apr 30, 2021	DEMARCO DAVID S.	SALE	35.31	5.8K	204.69K	29.87K
Dec 03, 2020	DEMARCO DAVID S.	SALE	30.00	1.41K	42.36K	28.35K
Nov 20, 2020	DEMARCO DAVID S.	SALE	29.86	4.5K	134.38K	28.34K
Aug 12, 2020	O'CONOR RAYMOND F	SALE	30.00	64	1.92K	43.19K
Aug 11, 2020	O'CONOR RAYMOND F	SALE	30.00	206	6.18K	43.25K
Jul 31, 2020	HOY THOMAS L	PURCHASE	27.41	3K	82.23K	194.16K
Jun 03, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.46K
May 27, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.45K
Apr 29, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.75K
Mar 18, 2020	READ COLIN L	SALE	26.74	680	18.18K	12.16K
Mar 16, 2020	READ COLIN L	SALE	25.30	92	2.33K	12.84K
Mar 12, 2020	READ COLIN L	SALE	25.45	239	6.08K	12.89K
Mar 02, 2020	O'CONOR RAYMOND F	SALE	31.80	300	9.54K	44.05K
Feb 03, 2020	O'CONOR RAYMOND F	SALE	35.09	300	10.53K	44.35K
Jan 02, 2020	O'CONOR RAYMOND F	SALE	37.79	300	11.34K	44.65K
Dec 09, 2019	DAKE GARY C	SALE	35.35	1.91K	67.48K	31.25K
Dec 09, 2019	HOY THOMAS L	SALE	35.57	1K	35.57K	190.83K
Dec 02, 2019	O'CONOR RAYMOND F	SALE	35.62	300	10.69K	45.15K
Nov 20, 2019	DEMARCO DAVID S.	SALE	36.26	250	9.06K	26K
Nov 11, 2019	DAKE GARY C	SALE	35.17	3.5K	123.1K	32.55K
Nov 05, 2019	HOY THOMAS L	SALE	36.05	1.5K	54.07K	192.47K
Nov 01, 2019	O'CONOR RAYMOND F	SALE	35.21	300	10.56K	45.2K
Oct 15, 2019	O'CONOR RAYMOND F	SALE	32.60	300	9.78K	45.5K
Oct 15, 2019	DAKE GARY C	SALE	32.22	3.5K	112.77K	35.38K
Sep 09, 2019	DAKE GARY C	SALE	32.01	3.5K	112.04K	37.52K
Sep 05, 2019	DEMARCO DAVID S.	SALE	32.50	990	32.18K	26.22K
Aug 30, 2019	DEMARCO DAVID S.	SALE	32.50	2.8K	91.1K	27.21K
Aug 29, 2019	DEMARCO DAVID S.	SALE	32.50	100	3.25K	30.01K
Aug 12, 2019	DAKE GARY C	SALE	32.38	3.5K	113.33K	41K
Aug 08, 2019	DEMARCO DAVID S.	SALE	33.00	1.79K	59.14K	30.11K
Jun 03, 2019	READ COLIN L	SALE	32.20	219	7.05K	8.28K
May 31, 2019	READ COLIN L	SALE	32.10	138	4.43K	8.48K
Mar 01, 2019	REISMAN RICHARD J DMD	SALE	35.14	713	25.05K	0
Nov 15, 2018	O'CONOR RAYMOND F	SALE	34.02	500	17.01K	44.27K
Oct 15, 2018	O'CONOR RAYMOND F	SALE	34.58	500	17.29K	44.77K
Sep 14, 2018	O'CONOR RAYMOND F	SALE	38.55	500	19.28K	44.53K
Aug 29, 2018	KAISER DAVID D	SALE	38.99	963	37.55K	11.08K
Aug 15, 2018	O'CONOR RAYMOND F	SALE	39.85	500	19.93K	45.03K
Jul 30, 2018	O'CONOR RAYMOND F	SALE	38.89	1K	38.89K	45.53K
Jul 16, 2018	O'CONOR RAYMOND F	SALE	37.50	500	18.75K	46.53K
Jun 15, 2018	O'CONOR RAYMOND F	SALE	35.85	500	17.93K	47.03K
May 23, 2018	DEMARCO DAVID S.	SALE	37.52	4.02K	150.79K	24.19K
May 15, 2018	O'CONOR RAYMOND F	SALE	36.15	500	18.08K	47.33K
Apr 16, 2018	O'CONOR RAYMOND F	SALE	34.20	500	17.1K	47.83K
Mar 27, 2018	MILLER ELIZABETH	SALE	33.75	300	10.13K	5.39K
Mar 15, 2018	O'CONOR RAYMOND F	SALE	34.40	500	17.2K	48.33K
Feb 15, 2018	O'CONOR RAYMOND F	SALE	33.20	500	16.6K	48.83K
Jan 16, 2018	O'CONOR RAYMOND F	SALE	34.35	500	17.18K	49.33K
Dec 15, 2017	O'CONOR RAYMOND F	SALE	35.10	500	17.55K	49.81K
Nov 17, 2017	HOY THOMAS L	SALE	35.16	1.3K	45.71K	173.62K
Nov 02, 2017	DEMARCO DAVID S.	SALE	35.30	4.14K	146.18K	22.45K
Jun 08, 2017	HOY THOMAS L	SALE	32.75	1K	32.75K	170.93K
May 22, 2017	DEMARCO DAVID S.	SALE	32.20	120	3.86K	22.4K
May 12, 2017	MILLER ELIZABETH	SALE	32.88	205	6.74K	5.53K

Insider Transaction Summary (6 Months)

SHARESTRANS

PURCHASE6.3K3

SALES00

NET SHARES6.3K3

SHARES HELD36.32K3

% NET SHARES-82.66%0%

Frequently Asked Questions

Stock Outstanding Shares

ShortableYes

OptionableYes

Short Percent Of Outstanding Shares1.24

Short Percent Of Float1.27

Shares Outstanding16.51M

Shares Float14.10M

Shares Short205.21K

Short Ratio2.26

1.27%

Short % of Float

1.24%

Short % of Shares Outstanding

Market Insider

Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.

Major Holders Summary

2.7% Percentage of Shares held by All Insiders

52.46% Percentage of Shares held by All Institutions

53.92% Percentage of Float held by Institutions

164

Number of Institutions Holding Shares

Institutional Ownership

Date	Holder	% Stake	Shares Held	Total Value ($)	Shares	% Change in Portfolio
Dec 31, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.24%	39.6K	1.24M	13.05K	+49.15%
Dec 31, 2025	US BANCORP \DE\	0.12%	20.45K	642.04K	19.95K	+3,973.11%
Dec 31, 2025	WELLS FARGO & COMPANY/MN	0.13%	20.87K	655.24K	8.08K	+63.15%
Dec 31, 2025	JANE STREET GROUP, LLC	0.26%	42.54K	1.34M	3.64K	+9.37%
Dec 31, 2025	RHUMBLINE ADVISERS	0.14%	22.13K	694.94K	-2.87K	-11.47%
Dec 31, 2025	METLIFE INVESTMENT MANAGEMENT, LLC	0.06%	9.86K	309.64K	0	0
Dec 31, 2025	MARINER, LLC	0.04%	7.02K	220.54K	7.02K	+100.00%
Dec 31, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.14%	22.86K	717.74K	-1.69K	-6.87%
Dec 31, 2025	INVESCO LTD.	0.15%	23.96K	752.47K	-5.06K	-17.43%
Dec 31, 2025	AQR CAPITAL MANAGEMENT LLC	0.28%	45.99K	1.44M	13.19K	+40.23%
Dec 31, 2025	MARTINGALE ASSET MANAGEMENT L P	0.3%	48.91K	1.54M	26.08K	+114.26%
Dec 31, 2025	NUVEEN, LLC	0.3%	48.7K	1.53M	0	0
Dec 31, 2025	SEGALL BRYANT & HAMILL, LLC	0.42%	69.26K	2.17M	69.26K	+100.00%
Dec 31, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.45%	74.33K	2.33M	-3.4K	-4.37%
Dec 31, 2025	TWO SIGMA INVESTMENTS, LP	0.49%	80.37K	2.52M	18.89K	+30.72%
Dec 31, 2025	BANK OF NEW YORK MELLON CORP	0.53%	86.68K	2.72M	-1.99K	-2.24%
Dec 31, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.62%	101.91K	3.2M	-20.27K	-16.59%
Dec 31, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.73%	119.84K	3.76M	511	+0.43%
Dec 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	127.53K	4M	-2.05K	-1.58%
Dec 31, 2025	NORTHERN TRUST CORP	0.78%	128.01K	4.02M	-7.5K	-5.53%
Dec 31, 2025	RHINO INVESTMENT PARTNERS, INC	4.78%	789.31K	20.33M	561.5K	+246.48%
Dec 31, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.71%	116.89K	3.67M	4.2K	+3.73%
Dec 31, 2025	BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC	0.06%	10.1K	317.14K	1.72K	+20.53%
Dec 31, 2025	FRANKLIN RESOURCES INC	0.07%	10.76K	337.99K	10.76K	+100.00%
Dec 31, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	343.99K	0	0
Dec 31, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	345.4K	0	0
Dec 31, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	345.4K	0	0
Dec 31, 2025	MIDWEST TRUST CO	0.1%	16.85K	529.22K	-8	-0.05%
Dec 31, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.11%	18.8K	509.86K	8.35K	+79.90%
Dec 31, 2025	LPL FINANCIAL LLC	0.12%	19.52K	613.02K	19.52K	+100.00%
Dec 31, 2025	BARCLAYS PLC	0.15%	25.34K	795.64K	2.14K	+9.24%
Dec 31, 2025	CITADEL ADVISORS LLC	0.17%	27.6K	866.73K	27.6K	+100.00%
Dec 31, 2025	TWO SIGMA ADVISERS, LP	0.31%	50.42K	1.58M	300	+0.60%
Dec 31, 2025	TRUST CO OF VERMONT	0.34%	56.37K	1.77M	-1K	-1.74%
Dec 31, 2025	JOHNSON INVESTMENT COUNSEL INC	0.38%	61.88K	1.94M	1.89K	+3.15%
Dec 31, 2025	GOLDMAN SACHS GROUP INC	0.39%	64.08K	2.01M	-8.65K	-11.89%
Dec 31, 2025	MORGAN STANLEY	1.15%	187.9K	5.9M	-11.5K	-5.77%
Dec 31, 2025	STATE STREET CORP	2.25%	369.09K	11.59M	-7.83K	-2.08%
Dec 31, 2025	HIGHTOWER ADVISORS, LLC	0.12%	20.13K	632.12K	812	+4.20%
Dec 31, 2025	INTEGRATED QUANTITATIVE INVESTMENTS LLC	0.12%	20.33K	638.33K	20.33K	+100.00%
Dec 31, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	24.4K	766.04K	-667	-2.66%
Dec 31, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.16%	26.48K	831.45K	7.87K	+42.28%
Dec 31, 2025	MARSHALL WACE, LLP	0.31%	50.39K	1.58M	23.84K	+89.80%
Dec 31, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.41%	66.7K	2.09M	44.13K	+195.56%
Dec 31, 2025	ACADIAN ASSET MANAGEMENT LLC	0.87%	143.02K	4.49M	82.07K	+134.64%
Dec 31, 2025	RENAISSANCE TECHNOLOGIES LLC	1.54%	252.21K	7.92M	2.92K	+1.17%
Dec 31, 2025	AMERICAN CENTURY COMPANIES INC	1.97%	322.96K	10.14M	-1.03K	-0.32%
Dec 31, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	11.11K	348.85K	-400	-3.48%
Dec 31, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	348.85K	0	0
Dec 31, 2025	JPMORGAN CHASE & CO	0.09%	13.95K	438.16K	-6.24K	-30.91%
Dec 31, 2025	EDMP, INC.	0.09%	14.24K	447.04K	14.24K	+100.00%
Dec 31, 2025	LEGATO CAPITAL MANAGEMENT LLC	0.09%	15.08K	473.58K	15.08K	+100.00%
Dec 31, 2025	BANK OF AMERICA CORP /DE/	0.17%	28.06K	880.93K	10.53K	+60.09%
Dec 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.22%	363.72K	11.42M	-7.46K	-2.01%
Dec 31, 2025	DIMENSIONAL FUND ADVISORS LP	4.41%	728.53K	22.88M	-11.92K	-1.61%
Dec 31, 2025	VANGUARD GROUP INC	5.35%	876.81K	27.53M	-12.43K	-1.40%
Dec 31, 2025	BLACKROCK, INC.	7.63%	1.25M	39.28M	-16.18K	-1.28%
Dec 31, 2025	DEUTSCHE BANK AG\	0.04%	6.84K	214.62K	0	0
Dec 31, 2025	INTECH INVESTMENT MANAGEMENT LLC	0.04%	7.2K	225.95K	7.2K	+100.00%
Dec 31, 2025	IFG ADVISORY, LLC	0.05%	7.94K	249.22K	0	0
Dec 31, 2025	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	0.05%	8.35K	262.1K	8.35K	+100.00%
Dec 31, 2025	JANNEY MONTGOMERY SCOTT LLC	0.06%	9.2K	289K	720	+8.49%
Dec 31, 2025	IEQ CAPITAL, LLC	0.06%	9.36K	293.84K	9.36K	+100.00%
Dec 31, 2025	ARROW FINANCIAL CORP	11.42%	1.87M	58.77M	14.4K	+0.78%
Dec 31, 2025	ATRIA INVESTMENTS, INC	0.17%	28.34K	889.79K	2.45K	+9.44%
Dec 31, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.17%	28.42K	892.4K	2.14K	+8.15%
Dec 31, 2025	SUMMERHAVEN INVESTMENT MANAGEMENT, LLC	0.19%	30.77K	966.08K	0	0
Dec 31, 2025	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.65K	208.84K	0	0
Dec 31, 2025	MILLENNIUM MANAGEMENT LLC	0.19%	31K	973.43K	1.53K	+5.17%
Sep 30, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.06K	709.27K	7	+0.03%
Sep 30, 2025	BANK OF NEW YORK MELLON CORP	0.54%	88.66K	2.51M	1.15K	+1.31%
Sep 30, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.72%	119.33K	3.38M	506	+0.43%
Sep 30, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.74%	122.18K	3.46M	-24.6K	-16.76%
Sep 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.78%	129.58K	3.67M	2.74K	+2.16%
Sep 30, 2025	MORGAN STANLEY	1.21%	199.4K	5.64M	-12.59K	-5.94%
Sep 30, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.16%	26.28K	743.7K	260	+1.00%
Sep 30, 2025	MARSHALL WACE, LLP	0.16%	26.55K	751.31K	3.25K	+13.94%
Sep 30, 2025	RHINO INVESTMENT PARTNERS, INC	1.38%	227.8K	6.45M	27.86K	+13.93%
Sep 30, 2025	RENAISSANCE TECHNOLOGIES LLC	1.51%	249.29K	7.05M	-12.52K	-4.78%
Sep 30, 2025	AMERICAN CENTURY COMPANIES INC	1.96%	323.99K	9.17M	-4.68K	-1.42%
Sep 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.24%	371.18K	10.51M	-1.3K	-0.35%
Sep 30, 2025	STATE STREET CORP	2.28%	376.92K	10.67M	3.77K	+1.01%
Sep 30, 2025	DIMENSIONAL FUND ADVISORS LP	4.48%	740.45K	20.95M	-6.13K	-0.82%
Sep 30, 2025	VANGUARD GROUP INC	5.37%	889.23K	25.17M	17.05K	+1.95%
Sep 30, 2025	BLACKROCK, INC.	7.66%	1.27M	35.86M	-41.15K	-3.14%
Sep 30, 2025	GOLDMAN SACHS GROUP INC	0.44%	72.73K	2.06M	32.7K	+81.70%
Sep 30, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.47%	77.73K	2.2M	-1.41K	-1.79%
Sep 30, 2025	WELLS FARGO & COMPANY/MN	0.08%	12.79K	361.96K	2.04K	+18.93%
Sep 30, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.16%	26.55K	752K	-7.26K	-21.47%
Sep 30, 2025	SUMMERHAVEN INVESTMENT MANAGEMENT, LLC	0.19%	30.77K	870.71K	30.77K	+100.00%
Sep 30, 2025	ARROW FINANCIAL CORP	11.23%	1.86M	52.56M	-30.99K	-1.64%
Sep 30, 2025	STATE OF WISCONSIN INVESTMENT BOARD	0.08%	13K	367.87K	-1.1K	-7.80%
Sep 30, 2025	AMERIPRISE FINANCIAL INC	0.09%	15.69K	444.03K	-10.66K	-40.46%
Sep 30, 2025	BANK OF AMERICA CORP /DE/	0.11%	17.52K	495.93K	-296	-1.66%
Sep 30, 2025	AQR CAPITAL MANAGEMENT LLC	0.2%	32.8K	928.1K	15.61K	+90.82%
Sep 30, 2025	JANE STREET GROUP, LLC	0.24%	38.9K	1.1M	19.17K	+97.14%
Sep 30, 2025	NUVEEN, LLC	0.29%	48.7K	1.38M	0	0
Sep 30, 2025	MIDWEST TRUST CO	0.1%	16.86K	477.2K	0	0
Sep 30, 2025	ALLIANCEBERNSTEIN L.P.	0.1%	17.08K	483.31K	0	0
Sep 30, 2025	JPMORGAN CHASE & CO	0.12%	20.2K	571.58K	3.14K	+18.42%
Sep 30, 2025	INVESCO LTD.	0.18%	29.02K	821.32K	3.68K	+14.54%
Sep 30, 2025	MILLENNIUM MANAGEMENT LLC	0.18%	29.48K	834.17K	29.48K	+100.00%
Sep 30, 2025	ACADIAN ASSET MANAGEMENT LLC	0.37%	60.95K	1.72M	36.22K	+146.48%
Sep 30, 2025	TWO SIGMA INVESTMENTS, LP	0.37%	61.49K	1.74M	13.92K	+29.26%
Sep 30, 2025	TWO SIGMA ADVISERS, LP	0.3%	50.12K	1.42M	15.99K	+46.87%
Sep 30, 2025	TRUST CO OF VERMONT	0.35%	57.37K	1.62M	0	0
Sep 30, 2025	JOHNSON INVESTMENT COUNSEL INC	0.36%	59.99K	1.7M	370	+0.62%
Sep 30, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	11.51K	325.73K	-800	-6.50%
Sep 30, 2025	CWM, LLC	0.01%	1.75K	50K	1.08K	+159.47%
Sep 30, 2025	ADIRONDACK TRUST CO	0.01%	2.46K	69.48K	0	0
Sep 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0.02%	3.22K	91.24K	1.61K	+100.00%
Sep 30, 2025	POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY	0.03%	4.6K	130.18K	1.25K	+37.40%
Sep 30, 2025	PLANTE MORAN FINANCIAL ADVISORS, LLC	0.03%	4.91K	138.81K	4.91K	+100.00%
Sep 30, 2025	FMR LLC	0.03%	4.96K	140.31K	141	+2.93%
Sep 30, 2025	NBT BANK N A /NY	0.04%	6.32K	178.72K	0	0
Sep 30, 2025	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.65K	188.22K	0	0
Sep 30, 2025	DEUTSCHE BANK AG\	0.04%	6.84K	193.43K	-32.61K	-82.67%
Sep 30, 2025	IFG ADVISORY, LLC	0.05%	7.94K	224.62K	0	0
Sep 30, 2025	BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC	0.05%	8.38K	237.15K	8.38K	+100.00%
Sep 30, 2025	JANNEY MONTGOMERY SCOTT LLC	0.05%	8.48K	240K	8.48K	+100.00%
Sep 30, 2025	FIRST TRUST ADVISORS LP	0.06%	9.11K	257.73K	-47.87K	-84.02%
Sep 30, 2025	METLIFE INVESTMENT MANAGEMENT, LLC	0.06%	9.86K	279.07K	9.86K	+100.00%
Sep 30, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.06%	10.45K	295.74K	0	0
Sep 30, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	310.03K	0	0
Sep 30, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	311.3K	0	0
Sep 30, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	311.3K	0	0
Sep 30, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	314.41K	0	0
Sep 30, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.11%	18.61K	526.7K	8.52K	+84.41%
Sep 30, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	638.62K	0	0
Sep 30, 2025	NORTHERN TRUST CORP	0.82%	135.51K	3.83M	-1.12K	-0.82%
Sep 30, 2025	UBS GROUP AG	0.09%	14.57K	412.25K	1.65K	+12.78%
Sep 30, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.68%	112.69K	3.19M	-9.34K	-7.65%
Sep 30, 2025	ATRIA INVESTMENTS, INC	0.16%	25.89K	732.76K	380	+1.49%
Sep 30, 2025	HIGHTOWER ADVISORS, LLC	0.12%	19.32K	546.74K	0	0
Sep 30, 2025	MARTINGALE ASSET MANAGEMENT L P	0.14%	22.83K	646.01K	-4.2K	-15.54%
Sep 30, 2025	BARCLAYS PLC	0.14%	23.2K	656.45K	-3.86K	-14.28%
Sep 30, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.15%	24.54K	695K	-2.82K	-10.31%
Sep 30, 2025	RHUMBLINE ADVISERS	0.15%	25K	707.43K	-310	-1.23%
Jun 30, 2025	TRUST CO OF VERMONT	0.35%	57.37K	1.52M	0	0
Jun 30, 2025	NORTHERN TRUST CORP	0.83%	136.62K	3.61M	-6.97K	-4.85%
Jun 30, 2025	RHINO INVESTMENT PARTNERS, INC	1.21%	199.95K	5.28M	3.67K	+1.87%
Jun 30, 2025	AMERICAN CENTURY COMPANIES INC	1.99%	328.68K	8.68M	5.68K	+1.76%
Jun 30, 2025	BLACKROCK, INC.	7.91%	1.31M	34.57M	-33.13K	-2.47%
Jun 30, 2025	ARROW FINANCIAL CORP	11.41%	1.89M	49.89M	1.07K	+0.06%
Jun 30, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.25%	372.48K	9.84M	-7.3K	-1.92%
Jun 30, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.72%	118.83K	3.14M	538	+0.45%
Jun 30, 2025	VANGUARD GROUP INC	5.27%	872.18K	23.04M	38.46K	+4.61%
Jun 30, 2025	DIMENSIONAL FUND ADVISORS LP	4.51%	746.58K	19.73M	3.21K	+0.43%
Jun 30, 2025	STATE STREET CORP	2.26%	373.15K	9.86M	-11.52K	-3.00%
Jun 30, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.74%	122.03K	3.22M	14.1K	+13.06%
Jun 30, 2025	RENAISSANCE TECHNOLOGIES LLC	1.58%	261.81K	6.92M	30.18K	+13.03%
Jun 30, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.48%	79.14K	2.09M	-6.63K	-7.73%
Jun 30, 2025	GOLDMAN SACHS GROUP INC	0.24%	40.02K	1.06B	-26.9K	-40.20%
Jun 30, 2025	ATRIA INVESTMENTS, INC	0.15%	25.51K	674.04K	4.4K	+20.84%
Jun 30, 2025	ACADIAN ASSET MANAGEMENT LLC	0.15%	24.73K	651K	12.86K	+108.37%
Jun 30, 2025	AQR CAPITAL MANAGEMENT LLC	0.1%	17.19K	454.05M	4.72K	+37.82%
Jun 30, 2025	ALLIANCEBERNSTEIN L.P.	0.1%	17.08K	451.2M	1.38K	+8.79%
Jun 30, 2025	JPMORGAN CHASE & CO	0.1%	17.06K	450.62K	-14.22K	-45.47%
Jun 30, 2025	CITADEL ADVISORS LLC	0.09%	14.67K	387.61M	-16.48K	-52.90%
Jun 30, 2025	STATE OF WISCONSIN INVESTMENT BOARD	0.09%	14.1K	372.5K	5.7K	+67.87%
Jun 30, 2025	JANE STREET GROUP, LLC	0.12%	19.73K	521.32K	-7.54K	-27.65%
Jun 30, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.12%	20.66K	545.71K	31	+0.15%
Jun 30, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.16%	26.02K	687.42K	4.83K	+22.77%
Jun 30, 2025	AMERIPRISE FINANCIAL INC	0.16%	26.35K	696.27K	6.62K	+33.53%
Jun 30, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.2%	33.81K	894K	188	+0.56%
Jun 30, 2025	TWO SIGMA ADVISERS, LP	0.21%	34.13K	901.58K	2.6K	+8.25%
Jun 30, 2025	FIRST TRUST ADVISORS LP	0.34%	56.98K	1.51M	2.22K	+4.05%
Jun 30, 2025	BANK OF NEW YORK MELLON CORP	0.53%	87.51K	2.31M	1.38K	+1.60%
Jun 30, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	126.84K	3.35M	2.56K	+2.06%
Jun 30, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.89%	146.77K	3.88M	-4.14K	-2.74%
Jun 30, 2025	BARCLAYS PLC	0.16%	27.06K	715K	10.59K	+64.29%
Jun 30, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.17%	27.36K	723K	77	+0.28%
Jun 30, 2025	FRANKLIN RESOURCES INC	0.23%	37.76K	997.57K	-37.74K	-49.99%
Jun 30, 2025	DEUTSCHE BANK AG\	0.24%	39.45K	1.04M	-2.96K	-6.98%
Jun 30, 2025	WALDRON PRIVATE WEALTH LLC	0.07%	10.96K	289.43K	0	0
Jun 30, 2025	PARR MCKNIGHT WEALTH MANAGEMENT GROUP, LLC	0.07%	11K	290.62K	0	0
Jun 30, 2025	ANGEL OAK CAPITAL ADVISORS, LLC	0.07%	11K	290.62K	0	0
Jun 30, 2025	MIDWEST TRUST CO	0.1%	16.86K	445.49K	16.86K	+100.00%
Jun 30, 2025	NUVEEN, LLC	0.29%	48.7K	1.29M	-9.48K	-16.30%
Jun 30, 2025	CITIZENS FINANCIAL GROUP INC/RI	0.07%	11.11K	293.53K	0	0
Jun 30, 2025	WASHINGTON TRUST ADVISORS, INC.	0.07%	12.31K	325.23K	0	0
Jun 30, 2025	INVESCO LTD.	0.15%	25.34K	669.43K	-7.27K	-22.30%
Jun 30, 2025		0.07%	11K	290.62K	0	0
Jun 30, 2025	UBS GROUP AG	0.08%	12.92K	341.24K	-14.6K	-53.05%
Jun 30, 2025	BANK OF AMERICA CORP /DE/	0.11%	17.82K	470.8K	-1.59K	-8.21%
Jun 30, 2025	HIGHTOWER ADVISORS, LLC	0.12%	19.32K	510.42K	4.71K	+32.23%
Jun 30, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	596.19K	0	0
Jun 30, 2025	GLOBAL RETIREMENT PARTNERS, LLC	0%	773	20.42M	773	+100.00%
Jun 30, 2025	EVERSOURCE WEALTH ADVISORS, LLC	0%	692	18.28K	361	+109.06%
Jun 30, 2025	GAMMA INVESTING LLC	0%	618	16.33K	-267	-30.17%
Jun 30, 2025	GLENMEDE INVESTMENT MANAGEMENT, LP	0%	144	3.8K	144	+100.00%
Jun 30, 2025	MAI CAPITAL MANAGEMENT	0%	84	2.22K	84	+100.00%
Jun 30, 2025	ROTHSCHILD INVESTMENT LLC	0%	50	1.32K	45	+900.00%
Jun 30, 2025	GENEOS WEALTH MANAGEMENT INC.	0%	41	1.08K	0	0
Jun 30, 2025	JOHNSON INVESTMENT COUNSEL INC	0.36%	59.62K	1.58M	520	+0.88%
Jun 30, 2025	MORGAN STANLEY	1.28%	211.98K	5.6B	298	+0.14%
Jun 30, 2025	LOS ANGELES CAPITAL MANAGEMENT LLC	0.06%	10.45K	276.09K	10.45K	+100.00%
Jun 30, 2025	QUANTINNO CAPITAL MANAGEMENT LP	0.06%	10.09K	266.64K	2.04K	+25.26%
Jun 30, 2025	MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.	0.05%	9.03K	238.65K	-763	-7.79%
Jun 30, 2025	IFG ADVISORY, LLC	0.05%	7.94K	209.7K	0	0
Jun 30, 2025	RAYMOND JAMES FINANCIAL INC	0.05%	7.48K	197.65K	7.48K	+100.00%
Jun 30, 2025	NBT BANK N A /NY	0.04%	6.32K	166.84K	0	0
Jun 30, 2025	ROYAL BANK OF CANADA	0.04%	6.28K	167K	28	+0.45%
Jun 30, 2025	FMR LLC	0.03%	4.82K	127.27M	-342	-6.63%
Jun 30, 2025	ADIRONDACK TRUST CO	0.01%	2.46K	64.86K	0	0
Jun 30, 2025	BNP PARIBAS ARBITRAGE, SNC	0.01%	1.61K	42.59M	648	+67.22%
Jun 30, 2025	CLEAN YIELD GROUP	0.01%	1.46K	38.52K	0	0
Jun 30, 2025	BROWN, LISLE/CUMMINGS, INC.	0.01%	1.29K	33.94K	14	+1.10%
Jun 30, 2025	GREAT WEST LIFE ASSURANCE CO /CAN/	0.01%	1.23K	32K	201	+19.63%
Jun 30, 2025	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	0.01%	1.19K	31.44M	0	0
Jun 30, 2025	STERLING CAPITAL MANAGEMENT LLC	0%	442	11.68K	159	+56.18%
Jun 30, 2025	HARBOUR INVESTMENTS, INC.	0%	320	8.45K	320	+100.00%
Jun 30, 2025	ALLSQUARE WEALTH MANAGEMENT LLC	0%	172	4.54K	0	0
Jun 30, 2025	JONES FINANCIAL COMPANIES LLLP	0%	160	4.28K	-46	-22.33%
Jun 30, 2025	MARSHALL WACE, LLP	0.14%	23.3K	615.56K	23.3K	+100.00%
Jun 30, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.06K	661.98K	7	+0.03%
Jun 30, 2025	RHUMBLINE ADVISERS	0.15%	25.31K	668.62K	367	+1.47%
Jun 30, 2025	MARTINGALE ASSET MANAGEMENT L P	0.16%	27.03K	714.05K	-8.17K	-23.21%
Jun 30, 2025	TWO SIGMA INVESTMENTS, LP	0.29%	47.57K	1.26M	13.11K	+38.04%
Mar 31, 2025	BANK OF NEW YORK MELLON CORP	0.52%	86.14K	2.26M	-377	-0.44%
Mar 31, 2025	ARROW FINANCIAL CORP	11.32%	1.89M	49.62M	-12.32K	-0.65%
Mar 31, 2025	UBS GROUP AG	0.17%	27.51K	723.27K	13.93K	+102.55%
Mar 31, 2025	JANE STREET GROUP, LLC	0.16%	27.27K	716.98K	15.48K	+131.31%
Mar 31, 2025	BLACKROCK, INC.	8.05%	1.34M	35.27M	-38.47K	-2.79%
Mar 31, 2025	VANGUARD GROUP INC	5%	833.73K	21.92M	30.46K	+3.79%
Mar 31, 2025	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.75%	124.28K	3.27M	-2.5K	-1.97%
Mar 31, 2025	DEUTSCHE BANK AG\	0.25%	42.41K	1.11M	30.89K	+268.24%
Mar 31, 2025	MARTINGALE ASSET MANAGEMENT L P	0.21%	35.2K	925.3K	35.2K	+100.00%
Mar 31, 2025	TWO SIGMA INVESTMENTS, LP	0.21%	34.46K	905.9K	9.64K	+38.87%
Mar 31, 2025	PRICE T ROWE ASSOCIATES INC /MD/	0.2%	33.62K	884K	4.27K	+14.56%
Mar 31, 2025	INVESCO LTD.	0.2%	32.61K	857.29K	-5.34K	-14.07%
Mar 31, 2025	TWO SIGMA ADVISERS, LP	0.19%	31.53K	828.79K	1.3K	+4.30%
Mar 31, 2025	CITADEL ADVISORS LLC	0.19%	31.15K	818.93K	13.07K	+72.31%
Mar 31, 2025	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0.12%	20.62K	542.21K	12.33K	+148.78%
Mar 31, 2025	AMERIPRISE FINANCIAL INC	0.12%	19.74K	518.86K	5.54K	+38.99%
Mar 31, 2025	BANK OF AMERICA CORP /DE/	0.12%	19.41K	510.39K	-5.56K	-22.27%
Mar 31, 2025	FINANCIAL COUNSELORS INC	0.1%	16.86K	443.3K	2K	+13.46%
Mar 31, 2025	BARCLAYS PLC	0.1%	16.47K	433K	-8.22K	-33.30%
Mar 31, 2025	RENAISSANCE TECHNOLOGIES LLC	1.39%	231.62K	6.09M	-700	-0.30%
Mar 31, 2025	MORGAN STANLEY	1.27%	211.69K	5.57M	-18.48K	-8.03%
Mar 31, 2025	RHINO INVESTMENT PARTNERS, INC	1.18%	196.28K	5.16M	6.19K	+3.26%
Mar 31, 2025	VOYA INVESTMENT MANAGEMENT LLC	0.91%	150.91K	3.97M	-27.77K	-15.54%
Mar 31, 2025	NORTHERN TRUST CORP	0.86%	143.59K	3.78M	-5.33K	-3.58%
Mar 31, 2025	FRANKLIN RESOURCES INC	0.45%	75.5K	1.98M	-12.96K	-14.65%
Mar 31, 2025	GOLDMAN SACHS GROUP INC	0.4%	66.93K	1.76M	-17.25K	-20.49%
Mar 31, 2025	JPMORGAN CHASE & CO	0.19%	31.28K	822.33K	-25.29K	-44.71%
Mar 31, 2025	ALLIANCEBERNSTEIN L.P.	0.09%	15.7K	412.7K	0	0
Mar 31, 2025	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.71%	118.29K	3.11M	932	+0.79%
Mar 31, 2025	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.65%	107.93K	2.84M	-11.9K	-9.93%
Mar 31, 2025	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.51%	85.77K	2.25M	7.23K	+9.20%
Mar 31, 2025	GEODE CAPITAL MANAGEMENT, LLC	2.28%	379.78K	9.99M	10.88K	+2.95%
Mar 31, 2025	AMERICAN CENTURY COMPANIES INC	1.94%	323K	8.49M	18.03K	+5.91%
Mar 31, 2025	TRUST CO OF VERMONT	0.34%	57.37K	1.51M	0	0
Mar 31, 2025	ATRIA INVESTMENTS, INC	0.13%	21.11K	555.06K	1.35K	+6.80%
Mar 31, 2025	JOHNSON INVESTMENT COUNSEL INC	0.35%	59.1K	1.55M	19.2K	+48.12%
Mar 31, 2025	FIRST TRUST ADVISORS LP	0.33%	54.76K	1.44M	-837	-1.51%
Mar 31, 2025		0.11%	18.34K	482.13K	18.34K	+100.00%
Mar 31, 2025	COMMONWEALTH EQUITY SERVICES, LLC	0.16%	27.29K	717K	1.86K	+7.30%
Mar 31, 2025	SQUAREPOINT OPS LLC	0.16%	26.2K	688.9K	-1.68K	-6.01%
Mar 31, 2025	PRIVATE ADVISOR GROUP, LLC	0.15%	25.05K	658.54K	7	+0.03%
Mar 31, 2025	RHUMBLINE ADVISERS	0.15%	24.94K	655.69K	-1.22K	-4.67%
Mar 31, 2025	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.14%	22.57K	593.26K	12.09K	+115.41%
Mar 31, 2025	GALLAGHER FIDUCIARY ADVISORS, LLC	0.13%	21.19K	557.18K	1.29K	+6.48%
Mar 31, 2025	HIGHTOWER ADVISORS, LLC	0.09%	14.61K	384.11K	688	+4.94%
Mar 31, 2025	AQR CAPITAL MANAGEMENT LLC	0.07%	12.47K	327.84K	2.95K	+30.97%
Mar 31, 2025	CITIGROUP INC	0.07%	12.34K	324.45K	-1.22K	-8.96%
Mar 31, 2025	DIMENSIONAL FUND ADVISORS LP	4.46%	743.37K	19.54M	6.8K	+0.92%
Mar 31, 2025	STATE STREET CORP	2.31%	384.67K	10.11M	-8.91K	-2.26%
Mar 31, 2024	FIRST TRUST ADVISORS LP	0.05%	8.36K	209.27K	-461	-5.22%
Mar 31, 2024	GSA CAPITAL PARTNERS LLP	0.05%	9.2K	230K	9.2K	+100.00%
Mar 31, 2024	BARCLAYS PLC	0.06%	10.19K	255K	-9.91K	-49.31%
Mar 31, 2024	LPL FINANCIAL LLC	0.06%	10.36K	259.3K	59	+0.57%
Mar 31, 2024	KING WEALTH	0.06%	10.91K	276K	-352	-3.13%
Mar 31, 2024	XTX TOPCO LTD	0.07%	11.36K	284.1K	-3.82K	-25.15%
Mar 31, 2024	PRIVATE ADVISOR GROUP, LLC	0.07%	11.45K	286.5K	0	0
Mar 31, 2024	NBT BANK N A /NY	0.07%	11.78K	294.69K	0	0
Mar 31, 2024	CITADEL ADVISORS LLC	0.07%	12.3K	307.85K	-15.68K	-56.03%
Mar 31, 2024	WASHINGTON TRUST ADVISORS, INC.	0.08%	13.21K	330.52K	-300	-2.22%
Mar 31, 2024	FINANCIAL COUNSELORS INC	0.12%	19.61K	490.69K	2K	+11.36%
Mar 31, 2024	ADIRONDACK TRUST CO	0.13%	21.98K	550.04K	0	0
Mar 31, 2024	RHUMBLINE ADVISERS	0.14%	23.17K	579.6K	509	+2.25%
Mar 31, 2024	COMMONWEALTH EQUITY SERVICES, LLC	0.14%	23.7K	593K	23.7K	+100.00%
Mar 31, 2024	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	599.35K	0	0
Mar 31, 2024	M&T BANK CORP	0.15%	24.49K	612.72K	-1.96K	-7.39%
Mar 31, 2024	EMPOWERED FUNDS, LLC	0.16%	26.76K	669.64K	1.93K	+7.75%
Mar 31, 2024	JPMORGAN CHASE & CO	0.16%	27.02K	676.07K	10.03K	+59.06%
Mar 31, 2024	PRICE T ROWE ASSOCIATES INC /MD/	0.17%	28.38K	710K	-2.45K	-7.94%
Mar 31, 2024	CLARIVEST ASSET MANAGEMENT LLC	0.21%	36.23K	906.48K	5.95K	+19.66%
Mar 31, 2024	GOLDMAN SACHS GROUP INC	0.22%	36.68K	917.66K	26	+0.07%
Mar 31, 2024	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	130.37K	3.26M	1.45K	+1.13%
Mar 31, 2024	FRANKLIN RESOURCES INC	0.8%	134.81K	3.37M	0	0
Mar 31, 2024	NORTHERN TRUST CORP	0.86%	145.59K	3.64M	-2.33K	-1.58%
Mar 31, 2024	ARROW FINANCIAL CORP	10.83%	1.83M	45.71M	100.36K	+5.81%
Mar 31, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	0.16%	26.76K	669.64K	1.93K	+7.75%
Mar 31, 2024	AMERIPRISE FINANCIAL INC	0.22%	36.77K	919.89K	10.34K	+39.15%
Mar 31, 2024	TRUST CO OF VERMONT	0.23%	38.54K	964.3K	-374	-0.96%
Mar 31, 2024	TWO SIGMA ADVISERS, LP	0.23%	39.43K	986.41K	-1.3K	-3.19%
Mar 31, 2024	JOHNSON INVESTMENT COUNSEL INC	0.24%	39.9K	998.35K	-17.8K	-30.85%
Mar 31, 2024	INVESCO LTD.	0.31%	52.36K	1.31M	35.81K	+216.32%
Mar 31, 2024	NUVEEN ASSET MANAGEMENT, LLC	0.34%	58.18K	1.46M	0	0
Mar 31, 2024	UBS GROUP AG	0.4%	67.52K	1.69M	-1.21K	-1.76%
Mar 31, 2024	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0.65%	109.33K	2.74M	109.33K	+100.00%
Mar 31, 2024	BANK OF NEW YORK MELLON CORP	0.68%	115.5K	2.89M	-2.56K	-2.17%
Mar 31, 2024	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.69%	115.89K	2.9M	519	+0.45%
Mar 31, 2024	BANK OF AMERICA CORP /DE/	0.09%	15.22K	380.88K	-11.43K	-42.88%
Mar 31, 2024	ALLIANCEBERNSTEIN L.P.	0.09%	15.27K	382.06K	-30	-0.20%
Mar 31, 2024	HIGHTOWER ADVISORS, LLC	0.09%	15.98K	401K	-205	-1.27%
Mar 31, 2024	MILLENNIUM MANAGEMENT LLC	0.1%	16.79K	420.14K	-16.79K	-49.99%
Mar 31, 2024	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.1%	17.49K	437.48K	2.69K	+18.16%
Mar 31, 2024	TWO SIGMA INVESTMENTS, LP	0.11%	19.37K	484.51K	19.37K	+100.00%
Mar 31, 2024	VOYA INVESTMENT MANAGEMENT LLC	0.88%	149.01K	3.73M	19.04K	+14.65%
Mar 31, 2024	MORGAN STANLEY	1.07%	182.12K	4.56M	-34.14K	-15.79%
Mar 31, 2024	AMERICAN CENTURY COMPANIES INC	1.39%	234.49K	5.87M	49.39K	+26.68%
Mar 31, 2024	RENAISSANCE TECHNOLOGIES LLC	1.58%	269.01K	6.73M	6.78K	+2.59%
Mar 31, 2024	GEODE CAPITAL MANAGEMENT, LLC	2.01%	342.29K	8.57M	2.53K	+0.74%
Mar 31, 2024	STATE STREET CORP	2.22%	376.71K	9.43M	2.36K	+0.63%
Mar 31, 2024	DIMENSIONAL FUND ADVISORS LP	3.93%	668.99K	16.74M	35.11K	+5.54%
Mar 31, 2024	VANGUARD GROUP INC	4.68%	795.27K	19.9M	10.64K	+1.36%
Mar 31, 2024	BLACKROCK INC.	7.06%	1.2M	30.03M	-54.52K	-4.35%
Mar 31, 2024	SIGNATUREFD, LLC	0.01%	1.68K	42.03K	0	0
Mar 31, 2024	CITIGROUP INC	0.02%	3.24K	80.94K	785	+32.04%
Mar 31, 2024	SG AMERICAS SECURITIES, LLC	0.03%	5.16K	129K	-2.87K	-35.72%
Mar 31, 2024	FMR LLC	0.03%	5.27K	131.75K	-55	-1.03%
Mar 31, 2024	WELLS FARGO & COMPANY/MN	0.03%	5.74K	143.56K	329	+6.08%
Mar 31, 2024	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	6.15K	154K	304	+5.20%
Mar 31, 2024	ACADIAN ASSET MANAGEMENT LLC	0.04%	6.33K	157K	6.33K	+100.00%
Mar 31, 2024	BNP PARIBAS ARBITRAGE, SNC	0.04%	7.26K	181.72K	3.46K	+90.93%
Mar 31, 2024	AMERICAN INTERNATIONAL GROUP, INC.	0.04%	7.27K	181.8K	-62	-0.85%
Mar 31, 2024	METLIFE INVESTMENT MANAGEMENT, LLC	0.05%	7.8K	195.03K	0	0
Mar 31, 2024	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM	0.05%	8.06K	200.77K	8.06K	+100.00%
Mar 31, 2024	CREATIVE PLANNING	0.05%	8.13K	203.4K	191	+2.41%
Mar 31, 2024	PINNACLE WEALTH PLANNING SERVICES, INC.	0.05%	8.22K	205.56K	0	0
Dec 31, 2023	VOYA INVESTMENT MANAGEMENT LLC	0.76%	129.97K	3.63M	-20.14K	-13.42%
Dec 31, 2023	KING WEALTH	0.07%	11.26K	315K	-5.54K	-32.98%
Dec 31, 2023	PRIVATE ADVISOR GROUP, LLC	0.07%	11.45K	319.94K	221	+1.97%
Dec 31, 2023	NBT BANK N A /NY	0.07%	11.78K	329.08K	-1	-0.01%
Dec 31, 2023	WASHINGTON TRUST ADVISORS, INC.	0.08%	13.51K	377.47K	-700	-4.93%
Dec 31, 2023	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	0.08%	13.61K	380K	8.56K	+169.22%
Dec 31, 2023	HRT FINANCIAL LP	0.08%	14.18K	396K	14.18K	+100.00%
Dec 31, 2023	CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD.	0.09%	14.8K	413.46K	14.8K	+100.00%
Dec 31, 2023	XTX TOPCO LTD	0.09%	15.17K	423.85K	15.17K	+100.00%
Dec 31, 2023	ALLIANCEBERNSTEIN L.P.	0.09%	15.3K	427.48K	-902	-5.57%
Dec 31, 2023	HIGHTOWER ADVISORS, LLC	0.09%	16.19K	452K	206	+1.29%
Dec 31, 2023	INVESCO LTD.	0.1%	16.55K	462.49K	832	+5.29%
Dec 31, 2023	JPMORGAN CHASE & CO	0.1%	16.99K	474.65K	6.69K	+65.03%
Dec 31, 2023	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.1%	17K	475K	17K	+100.00%
Dec 31, 2023	FINANCIAL COUNSELORS INC	0.1%	17.61K	492.08K	0	0
Dec 31, 2023	BARCLAYS PLC	0.12%	20.1K	561K	14.65K	+268.62%
Dec 31, 2023	ADIRONDACK TRUST CO	0.13%	21.98K	526.95K	635	+2.97%
Dec 31, 2023	JANE STREET GROUP, LLC	0.13%	22.22K	620.72K	22.22K	+100.00%
Dec 31, 2023	RHUMBLINE ADVISERS	0.13%	22.66K	633.02K	155	+0.69%
Dec 31, 2023	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	669K	0	0
Dec 31, 2023	BRIDGEWAY CAPITAL MANAGEMENT, LLC	0.15%	24.84K	694K	2.11K	+9.29%
Dec 31, 2023	EMPOWERED FUNDS, LLC	0.15%	24.84K	694M	2.11K	+9.29%
Dec 31, 2023	AMERIPRISE FINANCIAL INC	0.16%	26.42K	738.23K	-641	-2.37%
Dec 31, 2023	M&T BANK CORP	0.16%	26.44K	738.85K	32	+0.12%
Dec 31, 2023	BANK OF AMERICA CORP /DE/	0.16%	26.65K	744.57K	6.03K	+29.27%
Dec 31, 2023	CITADEL ADVISORS LLC	0.16%	27.98K	781.85K	19.28K	+221.46%
Dec 31, 2023	CLARIVEST ASSET MANAGEMENT LLC	0.18%	30.28K	845.97K	30.28K	+100.00%
Dec 31, 2023	PRICE T ROWE ASSOCIATES INC /MD/	0.18%	30.82K	862K	-7.16K	-18.85%
Dec 31, 2023	MILLENNIUM MANAGEMENT LLC	0.2%	33.58K	938.2K	33.58K	+100.00%
Dec 31, 2023	GOLDMAN SACHS GROUP INC	0.22%	36.65K	1.02M	-3.18K	-7.99%
Dec 31, 2023	TRUST CO OF VERMONT	0.23%	38.92K	1.09M	-190	-0.49%
Dec 31, 2023	TWO SIGMA ADVISERS, LP	0.24%	40.73K	1.14M	-18.06K	-30.72%
Dec 31, 2023	JOHNSON INVESTMENT COUNSEL INC	0.34%	57.7K	1.61M	-4.13K	-6.68%
Dec 31, 2023	NUVEEN ASSET MANAGEMENT, LLC	0.34%	58.18K	1.63M	10K	+20.76%
Dec 31, 2023	UBS GROUP AG	0.4%	68.73K	1.92M	6.35K	+10.17%
Dec 31, 2023	ZACKS INVESTMENT MANAGEMENT	0.51%	87.36K	2.44M	87.36K	+100.00%
Dec 31, 2023	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.68%	115.37K	3.22M	458	+0.40%
Dec 31, 2023	BANK OF NEW YORK MELLON CORP	0.69%	118.06K	3.3M	-3.11K	-2.57%
Dec 31, 2023	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.76%	128.92K	3.6M	1.82K	+1.43%
Dec 31, 2023	FRANKLIN RESOURCES INC	0.79%	134.81K	3.77M	9.09K	+7.23%
Dec 31, 2023	NORTHERN TRUST CORP	0.87%	147.92K	4.13M	-6.71K	-4.34%
Dec 31, 2023	AMERICAN CENTURY COMPANIES INC	1.09%	185.1K	5.17M	34.29K	+22.74%
Dec 31, 2023	AQR CAPITAL MANAGEMENT LLC	0.05%	8.87K	247.69K	8.87K	+100.00%
Dec 31, 2023	LPL FINANCIAL LLC	0.06%	10.31K	287.91K	10.31K	+100.00%
Dec 31, 2023	MORGAN STANLEY	1.27%	216.26K	6.04M	24.51K	+12.78%
Dec 31, 2023	RENAISSANCE TECHNOLOGIES LLC	1.54%	262.22K	7.33M	-6.4K	-2.38%
Dec 31, 2023	GEODE CAPITAL MANAGEMENT, LLC	1.99%	339.76K	9.49M	14.08K	+4.32%
Dec 31, 2023	STATE STREET CORP	2.2%	374.35K	10.46M	-62.22K	-14.25%
Dec 31, 2023	DIMENSIONAL FUND ADVISORS LP	3.72%	633.88K	17.71M	-9.92K	-1.54%
Dec 31, 2023	VANGUARD GROUP INC	4.6%	784.64K	21.92M	-38.82K	-4.71%
Dec 31, 2023	BLACKROCK INC.	7.36%	1.25M	35.06M	7.13K	+0.57%
Dec 31, 2023	ARROW FINANCIAL CORP	10.13%	1.73M	48.24M	18.94K	+1.11%
Sep 30, 2023	BLACKROCK INC.	7.54%	1.25M	-	-68.98K	-5.24%
Sep 30, 2023	NISA INVESTMENT ADVISORS, LLC	0.02%	3.16K	-	92	+2.99%
Sep 30, 2023	ROYAL BANK OF CANADA	0.02%	3.88K	-	1.77K	+83.72%
Sep 30, 2023	WELLS FARGO & COMPANY/MN	0.03%	4.51K	-	-21.24K	-82.48%
Sep 30, 2023	PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO	0.03%	5.06K	-	-8.16K	-61.74%
Sep 30, 2023	FMR LLC	0.03%	5.29K	-	-141	-2.60%
Sep 30, 2023	BARCLAYS PLC	0.03%	5.45K	-	-347	-5.98%
Sep 30, 2023	NEW YORK STATE COMMON RETIREMENT FUND	0.04%	5.86K	-	179	+3.15%
Sep 30, 2023	BNP PARIBAS ARBITRAGE, SNC	0.04%	6.47K	-	-1.03K	-13.74%
Sep 30, 2023	SG AMERICAS SECURITIES, LLC	0.04%	6.58K	-	6.58K	+100.00%
Sep 30, 2023	AMERICAN INTERNATIONAL GROUP, INC.	0.04%	7.36K	-	467	+6.78%
Sep 30, 2023	METLIFE INVESTMENT MANAGEMENT, LLC	0.05%	7.8K	-	226	+2.99%
Sep 30, 2023	CREATIVE PLANNING	0.06%	10.11K	-	-5.29K	-34.33%
Sep 30, 2023	DEUTSCHE BANK AG\	0.06%	10.53K	-	1.46K	+16.09%
Sep 30, 2023	PRIVATE ADVISOR GROUP, LLC	0.07%	11.23K	-	326	+2.99%
Sep 30, 2023	NBT BANK N A /NY	0.07%	11.78K	-	343	+3.00%
Sep 30, 2023	CREDIT SUISSE AG/	0.08%	12.5K	-	-525	-4.03%
Sep 30, 2023	WASHINGTON TRUST ADVISORS, INC.	0.09%	14.21K	-	413	+2.99%
Sep 30, 2023	INVESCO LTD.	0.1%	15.72K	-	551	+3.63%
Sep 30, 2023	HIGHTOWER ADVISORS, LLC	0.1%	15.98K	-	770	+5.06%
Sep 30, 2023	ALLIANCEBERNSTEIN L.P.	0.1%	16.2K	-	933	+6.11%
Sep 30, 2023	TEACHER RETIREMENT SYSTEM OF TEXAS	0.1%	16.6K	-	-2.69K	-13.93%
Sep 30, 2023	KING WEALTH	0.1%	16.81K	-	2.79K	+19.93%
Sep 30, 2023	FINANCIAL COUNSELORS INC	0.11%	17.61K	-	510	+2.98%
Sep 30, 2023	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	0.11%	18.35K	-	-973	-5.04%
Sep 30, 2023	ADIRONDACK TRUST CO	0.13%	21.35K	-	1K	+4.91%
Sep 30, 2023	RHUMBLINE ADVISERS	0.14%	22.5K	-	484	+2.20%
Sep 30, 2023	EMPOWERED FUNDS, LLC	0.14%	22.73K	-	2.37K	+11.64%
Sep 30, 2023	WALDRON PRIVATE WEALTH LLC	0.14%	23.96K	-	697	+3.00%
Sep 30, 2023	M&T BANK CORP	0.16%	26.41K	-	630	+2.44%
Sep 30, 2023	AMERIPRISE FINANCIAL INC	0.16%	27.06K	-	498	+1.87%
Sep 30, 2023	SWISS NATIONAL BANK	0.22%	36.72K	-	1.07K	+3.00%
Sep 30, 2023	TRUST CO OF VERMONT	0.24%	39.11K	-	1.14K	+2.99%
Sep 30, 2023	GOLDMAN SACHS GROUP INC	0.24%	39.83K	-	-819	-2.01%
Sep 30, 2023	NUVEEN ASSET MANAGEMENT, LLC	0.29%	48.18K	-	-18.91K	-28.19%
Sep 30, 2023	TWO SIGMA INVESTMENTS, LP	0.32%	52.53K	-	-2.69K	-4.88%
Sep 30, 2023	TWO SIGMA ADVISERS, LP	0.36%	58.78K	-	-7.18K	-10.88%
Sep 30, 2023	ARROW FINANCIAL CORP	10.32%	1.71M	-	133.97K	+8.51%
Sep 30, 2023	JOHNSON INVESTMENT COUNSEL INC	0.37%	61.83K	-	1.8K	+3.00%
Sep 30, 2023	UBS GROUP AG	0.38%	62.38K	-	1.79K	+2.95%
Sep 30, 2023	ROCKEFELLER CAPITAL MANAGEMENT L.P.	0.69%	114.91K	-	34.67K	+43.20%
Sep 30, 2023	BANK OF NEW YORK MELLON CORP	0.73%	121.17K	-	5.64K	+4.88%
Sep 30, 2023	FRANKLIN RESOURCES INC	0.76%	125.71K	-	-9.47K	-7.01%
Sep 30, 2023	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0.77%	127.1K	-	9.72K	+8.28%
Sep 30, 2023	VOYA INVESTMENT MANAGEMENT LLC	0.91%	150.11K	-	63.38K	+73.08%
Sep 30, 2023	AMERICAN CENTURY COMPANIES INC	0.91%	150.81K	-	22.05K	+17.12%
Sep 30, 2023	NORTHERN TRUST CORP	0.93%	154.63K	-	7.17K	+4.86%
Sep 30, 2023	MORGAN STANLEY	1.16%	191.75K	-	73.88K	+62.68%
Sep 30, 2023	GEODE CAPITAL MANAGEMENT, LLC	1.97%	325.68K	-	26.83K	+8.98%
Sep 30, 2023	DIMENSIONAL FUND ADVISORS LP	3.89%	643.8K	-	-49.88K	-7.19%

Insiders

Insiders	Designation	Shares Held
HOY THOMAS L	director	194.16K
DAKE GARY C	director	56.72K
MILLER ELIZABETH	director	31.63K
O'CONOR RAYMOND F	director	29.29K
IVANOV PENKO KRASSIMIR	SEVP, Treasurer and CFO	26.39K
OWENS WILLIAM L	director	14.79K
WISE ANDREW J	SEVP, Chief Risk Officer	9.83K
BEHAN MARK	director	7.21K
WHITE DANIEL JAMES	director	6.89K
KAISER DAVID D	SVP	5.98K
DEMARCO DAVID S.	President & CEO	3.04K
READ COLIN L	director	3.02K
DUFFY KRISTINE D	director	1K
REISMAN RICHARD J DMD	director	0

Buying/Selling by Insiders

Date	Insider	Type	Cost	Shares	Value ($)	Shares Total
Dec 24, 2025	DEMARCO DAVID S.	PURCHASE	31.78	3.04K	96.45K	3.04K
Nov 10, 2025	WHITE DANIEL JAMES	PURCHASE	30.14	1.64K	49.55K	6.89K
Nov 04, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.82	1.62K	48.22K	26.39K
Sep 10, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.10	4.9K	142.59K	24.64K
Aug 27, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.38	3.93K	115.32K	12.71K
Aug 26, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	29.46	1.08K	31.76K	8.79K
Aug 08, 2025	DUFFY KRISTINE D	PURCHASE	26.53	210	5.57K	1K
Aug 06, 2025	IVANOV PENKO KRASSIMIR	PURCHASE	26.50	1.43K	37.76K	7.71K
May 01, 2025	O'CONOR RAYMOND F	SALE	23.78	2K	47.56K	29.29K
Apr 01, 2025	O'CONOR RAYMOND F	SALE	25.94	2K	51.88K	31.02K
Mar 03, 2025	O'CONOR RAYMOND F	SALE	26.90	2K	53.8K	33.02K
Feb 03, 2025	O'CONOR RAYMOND F	SALE	25.28	2K	50.56K	35.02K
Jan 31, 2025	WHITE DANIEL JAMES	PURCHASE	27.23	3.67K	99.88K	4.34K
Jan 02, 2025	O'CONOR RAYMOND F	SALE	28.85	2K	57.7K	35.86K
Dec 02, 2024	O'CONOR RAYMOND F	SALE	32.69	2K	65.38K	37.86K
Nov 04, 2024	O'CONOR RAYMOND F	SALE	28.50	2K	57K	39.5K
Oct 01, 2024	O'CONOR RAYMOND F	SALE	28.04	2K	56.08K	41.18K
Sep 03, 2024	O'CONOR RAYMOND F	SALE	30.09	2K	60.18K	43.18K
Aug 15, 2024	O'CONOR RAYMOND F	SALE	28.13	2K	56.26K	45.18K
May 10, 2024	O'CONOR RAYMOND F	SALE	23.63	4K	94.54K	46.42K
Feb 07, 2024	DAKE GARY C	PURCHASE	23.73	2K	47.46K	56.72K
Feb 06, 2024	WISE ANDREW J	PURCHASE	23.57	1K	23.57K	9.83K
Nov 28, 2023	WISE ANDREW J	PURCHASE	24.76	1K	24.76K	8.68K
Nov 22, 2023	WISE ANDREW J	PURCHASE	24.49	1K	24.49K	7.68K
Nov 03, 2023	READ COLIN L	PURCHASE	22.84	1.88K	42.85K	3.02K
Nov 03, 2023	KAISER DAVID D	PURCHASE	23.25	1.08K	24.99K	5.98K
Nov 02, 2023	READ COLIN L	PURCHASE	21.80	1.14K	24.93K	1.14K
Nov 01, 2023	OWENS WILLIAM L	PURCHASE	21.27	710	15.1K	14.79K
Nov 01, 2023	MILLER ELIZABETH	PURCHASE	21.52	3.75K	80.7K	31.63K
Oct 30, 2023	READ COLIN L	PURCHASE	21.33	7.5K	159.98K	25.27K
Oct 27, 2023	DAKE GARY C	PURCHASE	20.58	4.8K	98.78K	53.47K
Oct 27, 2023	BEHAN MARK	PURCHASE	20.83	479	9.98K	7.21K
Oct 27, 2023	READ COLIN L	PURCHASE	20.66	7.5K	154.95K	17.77K
Oct 11, 2023	BEHAN MARK	PURCHASE	18.02	493	8.88K	6.73K
Oct 11, 2023	OWENS WILLIAM L	PURCHASE	18.02	701	12.63K	14.08K
Mar 10, 2023	DAKE GARY C	PURCHASE	27.57	1K	27.57K	46.33K
Feb 06, 2023	READ COLIN L	SALE	31.70	300	9.51K	9.42K
Feb 03, 2023	READ COLIN L	SALE	32.47	300	9.74K	9.72K
Feb 02, 2023	READ COLIN L	SALE	32.48	300	9.74K	10.02K
Feb 01, 2023	READ COLIN L	SALE	32.55	300	9.77K	10.32K
Jan 31, 2023	READ COLIN L	SALE	33.00	300	9.9K	10.62K
Jan 30, 2023	READ COLIN L	SALE	32.74	300	9.82K	10.92K
Jan 27, 2023	READ COLIN L	SALE	32.70	300	9.81K	11.22K
Jan 26, 2023	READ COLIN L	SALE	32.56	300	9.77K	11.52K
Jan 25, 2023	READ COLIN L	SALE	32.65	300	9.8K	11.82K
Jan 24, 2023	READ COLIN L	SALE	33.21	300	9.96K	12.12K
Jan 23, 2023	READ COLIN L	SALE	33.37	300	10.01K	12.42K
Jan 20, 2023	READ COLIN L	SALE	33.19	300	9.96K	12.72K
Jan 19, 2023	READ COLIN L	SALE	33.04	300	9.91K	13.02K
Jan 18, 2023	READ COLIN L	SALE	32.85	300	9.86K	13.32K
Jan 17, 2023	READ COLIN L	SALE	33.32	300	10K	13.62K
Jan 13, 2023	READ COLIN L	SALE	33.64	300	10.09K	13.92K
Jan 12, 2023	READ COLIN L	SALE	33.58	300	10.07K	14.22K
Jan 11, 2023	READ COLIN L	SALE	33.22	300	9.96K	14.23K
Jan 10, 2023	READ COLIN L	SALE	33.31	300	9.99K	14.53K
Jan 09, 2023	READ COLIN L	SALE	34.50	300	10.35K	14.83K
Jan 05, 2023	READ COLIN L	SALE	33.56	300	10.07K	15.13K
Jan 04, 2023	READ COLIN L	SALE	33.94	300	10.18K	15.73K
Jan 03, 2023	READ COLIN L	SALE	33.93	300	10.18K	16.03K
Dec 30, 2022	READ COLIN L	SALE	34.04	300	10.21K	16.33K
Nov 23, 2022	OWENS WILLIAM L	SALE	34.76	2	69.51	12.5K
Aug 22, 2022	DEMARCO DAVID S.	SALE	34.35	175	6.01K	32.29K
May 20, 2022	DAKE GARY C	PURCHASE	31.46	785	24.69K	40.92K
May 05, 2022	DAKE GARY C	PURCHASE	31.91	450	14.36K	39.81K
Nov 09, 2021	O'CONOR RAYMOND F	SALE	36.57	800	29.26K	45.47K
Apr 30, 2021	DEMARCO DAVID S.	SALE	35.31	5.8K	204.69K	29.87K
Dec 03, 2020	DEMARCO DAVID S.	SALE	30.00	1.41K	42.36K	28.35K
Nov 20, 2020	DEMARCO DAVID S.	SALE	29.86	4.5K	134.38K	28.34K
Aug 12, 2020	O'CONOR RAYMOND F	SALE	30.00	64	1.92K	43.19K
Aug 11, 2020	O'CONOR RAYMOND F	SALE	30.00	206	6.18K	43.25K
Jul 31, 2020	HOY THOMAS L	PURCHASE	27.41	3K	82.23K	194.16K
Jun 03, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.46K
May 27, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.45K
Apr 29, 2020	O'CONOR RAYMOND F	SALE	30.00	300	9K	43.75K
Mar 18, 2020	READ COLIN L	SALE	26.74	680	18.18K	12.16K
Mar 16, 2020	READ COLIN L	SALE	25.30	92	2.33K	12.84K
Mar 12, 2020	READ COLIN L	SALE	25.45	239	6.08K	12.89K
Mar 02, 2020	O'CONOR RAYMOND F	SALE	31.80	300	9.54K	44.05K
Feb 03, 2020	O'CONOR RAYMOND F	SALE	35.09	300	10.53K	44.35K
Jan 02, 2020	O'CONOR RAYMOND F	SALE	37.79	300	11.34K	44.65K
Dec 09, 2019	DAKE GARY C	SALE	35.35	1.91K	67.48K	31.25K
Dec 09, 2019	HOY THOMAS L	SALE	35.57	1K	35.57K	190.83K
Dec 02, 2019	O'CONOR RAYMOND F	SALE	35.62	300	10.69K	45.15K
Nov 20, 2019	DEMARCO DAVID S.	SALE	36.26	250	9.06K	26K
Nov 11, 2019	DAKE GARY C	SALE	35.17	3.5K	123.1K	32.55K
Nov 05, 2019	HOY THOMAS L	SALE	36.05	1.5K	54.07K	192.47K
Nov 01, 2019	O'CONOR RAYMOND F	SALE	35.21	300	10.56K	45.2K
Oct 15, 2019	O'CONOR RAYMOND F	SALE	32.60	300	9.78K	45.5K
Oct 15, 2019	DAKE GARY C	SALE	32.22	3.5K	112.77K	35.38K
Sep 09, 2019	DAKE GARY C	SALE	32.01	3.5K	112.04K	37.52K
Sep 05, 2019	DEMARCO DAVID S.	SALE	32.50	990	32.18K	26.22K
Aug 30, 2019	DEMARCO DAVID S.	SALE	32.50	2.8K	91.1K	27.21K
Aug 29, 2019	DEMARCO DAVID S.	SALE	32.50	100	3.25K	30.01K
Aug 12, 2019	DAKE GARY C	SALE	32.38	3.5K	113.33K	41K
Aug 08, 2019	DEMARCO DAVID S.	SALE	33.00	1.79K	59.14K	30.11K
Jun 03, 2019	READ COLIN L	SALE	32.20	219	7.05K	8.28K
May 31, 2019	READ COLIN L	SALE	32.10	138	4.43K	8.48K
Mar 01, 2019	REISMAN RICHARD J DMD	SALE	35.14	713	25.05K	0
Nov 15, 2018	O'CONOR RAYMOND F	SALE	34.02	500	17.01K	44.27K
Oct 15, 2018	O'CONOR RAYMOND F	SALE	34.58	500	17.29K	44.77K
Sep 14, 2018	O'CONOR RAYMOND F	SALE	38.55	500	19.28K	44.53K
Aug 29, 2018	KAISER DAVID D	SALE	38.99	963	37.55K	11.08K
Aug 15, 2018	O'CONOR RAYMOND F	SALE	39.85	500	19.93K	45.03K
Jul 30, 2018	O'CONOR RAYMOND F	SALE	38.89	1K	38.89K	45.53K
Jul 16, 2018	O'CONOR RAYMOND F	SALE	37.50	500	18.75K	46.53K
Jun 15, 2018	O'CONOR RAYMOND F	SALE	35.85	500	17.93K	47.03K
May 23, 2018	DEMARCO DAVID S.	SALE	37.52	4.02K	150.79K	24.19K
May 15, 2018	O'CONOR RAYMOND F	SALE	36.15	500	18.08K	47.33K
Apr 16, 2018	O'CONOR RAYMOND F	SALE	34.20	500	17.1K	47.83K
Mar 27, 2018	MILLER ELIZABETH	SALE	33.75	300	10.13K	5.39K
Mar 15, 2018	O'CONOR RAYMOND F	SALE	34.40	500	17.2K	48.33K
Feb 15, 2018	O'CONOR RAYMOND F	SALE	33.20	500	16.6K	48.83K
Jan 16, 2018	O'CONOR RAYMOND F	SALE	34.35	500	17.18K	49.33K
Dec 15, 2017	O'CONOR RAYMOND F	SALE	35.10	500	17.55K	49.81K
Nov 17, 2017	HOY THOMAS L	SALE	35.16	1.3K	45.71K	173.62K
Nov 02, 2017	DEMARCO DAVID S.	SALE	35.30	4.14K	146.18K	22.45K
Jun 08, 2017	HOY THOMAS L	SALE	32.75	1K	32.75K	170.93K
May 22, 2017	DEMARCO DAVID S.	SALE	32.20	120	3.86K	22.4K
May 12, 2017	MILLER ELIZABETH	SALE	32.88	205	6.74K	5.53K

Insider Transaction Summary (6 Months)

SHARESTRANS

PURCHASE6.3K3

SALES00

NET SHARES6.3K3

SHARES HELD36.32K3

% NET SHARES-82.66%0%

AROW Stock Ownership Breakdown

Arrow Financial

Stock Outstanding Shares

Market Insider

Institutional Ownership

Insiders

Buying/Selling by Insiders

Insider Transaction Summary (6 Months)

Frequently Asked Questions

Stock Outstanding Shares

Market Insider

Institutional Ownership

Insiders

Buying/Selling by Insiders

Insider Transaction Summary (6 Months)

Frequently Asked Questions