ARROW ELECTRS INC ARW
COM · Common Stock · CUSIP 042735100 · ISIN US0427351004
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($20.2m this quarter). Holder counts are more reliable. Shares outstanding: 53.2m as of 2024-04-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $129.43. Options: 10 managers hold calls ($18.3m notional), 8 hold puts ($24.2m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 444 |
| Q4 2022 | 455 |
| Q1 2023 | 472 |
| Q2 2023 | 476 |
| Q3 2023 | 454 |
| Q4 2023 | 496 |
| Q1 2024 | 473 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 208 | 209 |
| Q1 2023 | 201 | 240 |
| Q2 2023 | 158 | 271 |
| Q3 2023 | 169 | 263 |
| Q4 2023 | 226 | 223 |
| Q1 2024 | 210 | 259 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $4.0m | $2.0m | 0.50 |
| Q3 2023 | $4.3m | $7.0m | 1.63 |
| Q4 2023 | $2.3m | $13.1m | 5.60 |
| Q1 2024 | $18.3m | $24.2m | 1.32 |
Biggest buyers
| Oldfield Partners LLP | New | +822.9k |
| Boston Partners | Added | +521.1k |
| LYRICAL ASSET MANAGEMENT LP | Added | +466.7k |
| Assenagon Asset Management S.A. | Added | +446.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +431.7k |
| BlackRock Inc. | Added | +243.0k |
| MORGAN STANLEY | Added | +232.5k |
| BANK OF AMERICA CORP /DE/ | Added | +227.2k |
| Loews Corp | New | +200.0k |
| JANUS HENDERSON GROUP PLC | Added | +193.5k |
Biggest sellers
| AMERIPRISE FINANCIAL INC | Reduced | -947.7k |
| Caisse de depot et placement du Quebec | Sold out | -416.8k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -282.9k |
| Invesco Ltd. | Reduced | -262.1k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -260.3k |
| JANE STREET GROUP, LLC | Reduced | -245.6k |
| BANK OF MONTREAL /CAN/ | Reduced | -201.5k |
| Cubist Systematic Strategies, LLC | Reduced | -201.5k |
| Qube Research & Technologies Ltd | Reduced | -195.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -158.9k |
Biggest calls
| PEAK6 Investments LLC | Added | $6.2m47.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.2m24.6k shares |
| CITADEL ADVISORS LLC | Added | $3.1m24.1k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m14.4k shares |
| CSS LLC/IL | New | $1.2m9.0k shares |
| JANE STREET GROUP, LLC | New | $1.1m8.8k shares |
| Walleye Trading LLC | Added | $906.2k7.0k shares |
| Walleye Capital LLC | New | $388.4k3.0k shares |
| GROUP ONE TRADING LLC | Added | $349.5k2.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| BANK OF AMERICA CORP /DE/ | Unchanged | $12.9m100.0k shares |
| CITADEL ADVISORS LLC | Added | $6.0m46.2k shares |
| SIMPLEX TRADING, LLC | Added | $2.4m18.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.2m16.7k shares |
| Walleye Capital LLC | New | $271.9k2.1k shares |
| JANE STREET GROUP, LLC | New | $233.0k1.8k shares |
| Walleye Trading LLC | Reduced | $181.2k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 9.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: ACR Alpine Capital Research, LLC (2.9%, 2026-08-05), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), AQR CAPITAL MANAGEMENT LLC (3.9%, 2026-02-12), Boston Partners (4.9%, 2026-01-16)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 6 | $4.9m | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $672.2k | — |
| Q1 2023 | 0 | — | 3 | $4.7m | — |
| Q2 2023 | 0 | — | 4 | $1.4m | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 3 | $488.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-05 | Jean-Claude Carine Lamercie SVP, CLO & Secretary | Sold | $180.9k1.5k shares |
| 2024-02-28 | Marano Richard John President, Global Components | Sold | $221.3k1.9k shares |
| 2024-02-23 | Cho Yun Sung VP, Corp. Cont., & CAO | Sold | $86.6k739 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 6.1m $794.9m | Reduced -71.4k |
| BlackRock Inc. 0.02% of their portfolio | 5.5m $707.6m | Added +243.0k |
| MORGAN STANLEY 0.01% of their portfolio | 2.7m $351.1m | Added +232.5k |
| LSV ASSET MANAGEMENT 0.67% of their portfolio | 2.5m $322.2m | Reduced -53.9k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 2.4m $313.1m | Added +206 |
| GREENHAVEN ASSOCIATES INC 2.21% of their portfolio | 1.9m $239.6m | Added +24.3k |
| COOKE & BIELER LP 2.18% of their portfolio | 1.8m $235.7m | Added +130.5k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $220.9m | Reduced -8.9k |
| LYRICAL ASSET MANAGEMENT LP 3.01% of their portfolio | 1.6m $202.3m | Added +466.7k |
| AQR CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 1.5m $193.9m | Reduced -282.9k |
| EARNEST PARTNERS LLC 0.81% of their portfolio | 1.4m $177.9m | Added +95.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.55% of their portfolio | 1.3m $166.2m | Added +431.7k |
| Boston Partners 0.15% of their portfolio | 1.0m $129.6m | Added +521.1k |
| Assenagon Asset Management S.A. 0.34% of their portfolio | 985.4k $127.6m | Added +446.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 972.7k $125.9m | Added +227.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 959.2k $124.4m | Added +57.2k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.05% of their portfolio | 911.5k $118.0m | Added +7.1k |
| Oldfield Partners LLP 14.35% of their portfolio | 822.9k $106.5m | New |
| NORGES BANK 0.01% of their portfolio | 720.9k $93.3m | Added +74.5k |
| SEI INVESTMENTS CO 0.12% of their portfolio | 636.3k $82.4m | Added +56.9k |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 566.5k $73.3m | Added +73.7k |
| Invesco Ltd. 0.02% of their portfolio | 552.1k $71.5m | Reduced -262.1k |
| Qube Research & Technologies Ltd 0.13% of their portfolio | 549.7k $71.2m | Reduced -195.1k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 536.2k $69.4m | Reduced -35.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 527.1k $68.2m | Reduced -93.5k |
| DNB Asset Management AS 0.35% of their portfolio | 520.6k $67.4m | Added +57.1k |
| Lind Value II ApS 46.23% of their portfolio | 517.1k $66.9m | First filing |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 466.2k $60.4m | Added +12.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 456.1k $59.1m | Added +73.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 379.7k $49.2m | Added +165.3k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 378.1k $48.9m | Reduced -24.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.17% of their portfolio | 363.3k $47.0m | Added +89.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 349.0k $45.2m | Added +45.2k |
| GLOBEFLEX CAPITAL L P 4.28% of their portfolio | 339.4k $43.9m | Added +88.8k |
| California Public Employees Retirement System 0.03% of their portfolio | 338.1k $43.8m | Reduced -10.9k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 319.3k $41.3m | Reduced -260.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.16% of their portfolio | 306.0k $39.6m | Added +47.7k |
| River Road Asset Management, LLC 0.52% of their portfolio | 297.7k $38.5m | Added +148.6k |
| Polaris Capital Management, LLC 1.63% of their portfolio | 253.4k $32.8m | Reduced -24.3k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 244.8k $31.7m | Added +36.0k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 238.3k $30.8m | Reduced -99.9k |
| STOREBRAND ASSET MANAGEMENT AS 0.10% of their portfolio | 235.7k $30.5m | Reduced -1.2k |
| BARCLAYS PLC 0.01% of their portfolio | 233.7k $30.3m | Added +110.1k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 222.9k $28.9m | Added +193.5k |
| PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 221.2k $28.6m | Reduced -15.7k |
| Khrom Capital Management LLC 6.51% of their portfolio | 211.3k $27.4m | Added +117.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 202.7k $26.2m | Added +3.8k |
| Loews Corp 0.22% of their portfolio | 200.0k $25.9m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 190.5k $24.7m | Added +29.5k |
| Amundi 0.01% of their portfolio | 185.8k $22.7m | Added +503 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 185.0k $23.9m | Reduced -947.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 181.0k $23.4m | Reduced -12.0k |
| MBB PUBLIC MARKETS I LLC 1.29% of their portfolio | 156.3k $20.2m | Added +36.2k |
| TOWLE & CO 2.37% of their portfolio | 156.0k $20.2m | Reduced -4.6k |
| Empowered Funds, LLC 0.18% of their portfolio | 153.1k $19.8m | Added +92.3k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.18% of their portfolio | 151.0k $19.5m | New |
| Bragg Financial Advisors, Inc 0.85% of their portfolio | 146.9k $19.0m | Added +25.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 145.5k $18.8m | Reduced -19.8k |
| Legal & General Group Plc 0.01% of their portfolio | 142.0k $18.4m | Reduced -140.0k |
| SPEECE THORSON CAPITAL GROUP INC 3.50% of their portfolio | 139.7k $18.1m | Added +22.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 132.6k $17.2m | Added +403 |
| Brandywine Global Investment Management, LLC 0.12% of their portfolio | 132.0k $17.1m | Added +2.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 131.5k $17.0m | Reduced -36.5k |
| NATIXIS ADVISORS, LLC 0.04% of their portfolio | 130.8k $16.9m | Added +12.9k |
| TUDOR INVESTMENT CORP ET AL 0.21% of their portfolio | 130.6k $16.9m | Reduced -5.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 129.8k $16.8m | Reduced -1.6k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 122.7k $15.9m | Added +177 |
| CNA FINANCIAL CORP 7.77% of their portfolio | 120.0k $15.5m | New |
| Bridgewater Associates, LP 0.08% of their portfolio | 117.5k $15.2m | Added +25.8k |
| Swiss National Bank 0.01% of their portfolio | 106.9k $13.8m | Reduced -2.9k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 103.9k $13.5m | Added +12.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 103.5k $13.4m | Reduced -1.1k |
| Squarepoint Ops LLC 0.05% of their portfolio | 98.8k $12.8m | Reduced -46.4k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 98.0k $12.7m | Reduced -149.0k |
| Walleye Capital LLC 0.14% of their portfolio | 96.4k $12.5m | Added +81.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 96.2k $12.5m | Added +6.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 94.5k $12.2m | Reduced -3.2k |
| Cambria Investment Management, L.P. 0.73% of their portfolio | 94.0k $12.2m | Added +20.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 88.4k $11.4m | Added +21.8k |
| Analog Century Management LP 1.59% of their portfolio | 87.9k $11.4m | New |
| FMR LLC 0.00% of their portfolio | 81.3k $10.5m | Added +8.6k |
| South Dakota Investment Council 0.21% of their portfolio | 79.5k $10.3m | Added +2.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 77.7k $10.1m | Reduced -201.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.03% of their portfolio | 72.3k $9.4m | Reduced -25.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio | 71.2k $9.2m | Reduced -1.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 68.1k $8.8m | Added +8.1k |
| ENGLISH CAPITAL MANAGEMENT LLC 6.94% of their portfolio | 68.0k $8.8m | Added +20.7k |
| Retirement Systems of Alabama 0.03% of their portfolio | 67.6k $8.7m | Reduced -258 |
| ARGA Investment Management, LP 0.29% of their portfolio | 66.3k $8.6m | Added +58.7k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 65.9k $8.5m | Reduced -3.3k |
| PGGM Investments 0.12% of their portfolio | 64.8k $8.4m | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 62.7k $8.1m | Reduced -1.2k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 59.8k $7.7m | Reduced -7.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 59.3k $7.4m | Added +10.1k |
| ExodusPoint Capital Management, LP 0.09% of their portfolio | 57.1k $7.4m | Added +22.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 56.1k $7.3m | Added +31.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.08% of their portfolio | 55.8k $7.2m | Reduced -5.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 55.6k $7.2m | Reduced -4.4k |
| ALGERT GLOBAL LLC 0.27% of their portfolio | 53.9k $7.0m | Added +19.8k |
| Engineers Gate Manager LP 0.17% of their portfolio | 50.7k $6.6m | Reduced -19.6k |