GOLDMAN SACHS GROUP INC

Ticker: GS CUSIP: 38141G104 Class: COM

Arrow Financial Corp's Holding History (CIK: 0000717538)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 249 Value ($000) $219 Avg Close $813.35 Range $736.36 - $919.10

Q3 2025

Shares 357 Value ($000) $284 Avg Close $734.84 Range $684.23 - $821.18

Q2 2025

Shares 357 Value ($000) $253 Avg Close $571.74 Range $432.73 - $706.99

Q1 2025

Shares 417 Value ($000) $228 Avg Close $590.71 Range $512.19 - $658.75

Q4 2024

Shares 3,017 Value ($000) $1,728 Avg Close $544.86 Range $472.18 - $599.67

Q3 2024

Shares 3,017 Value ($000) $1,494 Avg Close $475.08 Range $424.00 - $501.45

Q2 2024

Shares 3,017 Value ($000) $1,365 Avg Close $423.71 Range $373.03 - $454.32

Q1 2024

Shares 3,017 Value ($000) $1,260 Avg Close $372.27 Range $356.00 - $403.94

Q4 2023

Shares 3,052 Value ($000) $1,177 Avg Close $317.74 Range $274.61 - $371.02

Q3 2023

Shares 3,052 Value ($000) $988 Avg Close $315.37 Range $294.31 - $340.35

Q2 2023

Shares 3,115 Value ($000) $1,005 Avg Close $307.90 Range $292.29 - $327.28

Q1 2023

Shares 3,152 Value ($000) $1,031 Avg Close $323.64 Range $281.97 - $352.13

Q4 2022

Shares 3,152 Value ($000) $1 Avg Close $321.54 Range $265.13 - $358.95

Q3 2022

Shares 3,177 Value ($000) $930 Avg Close $297.04 Range $254.08 - $327.95

Q2 2022

Shares 3,177 Value ($000) $943 Avg Close $283.57 Range $254.36 - $315.71

Q1 2022

Shares 3,267 Value ($000) $1,078 Avg Close $319.80 Range $289.53 - $372.88

Q4 2021

Shares 3,352 Value ($000) $1,283 Avg Close $356.48 Range $331.30 - $383.05

Q3 2021

Shares 4,767 Value ($000) $1,801 Avg Close $349.92 Range $312.18 - $376.37

Q2 2021

Shares 4,917 Value ($000) $1,865 Avg Close $319.41 Range $287.92 - $351.77

Q1 2021

Shares 5,117 Value ($000) $1,673 Avg Close $276.90 Range $231.02 - $318.13

Q4 2020

Shares 5,122 Value ($000) $1,352 Avg Close $197.01 Range $163.85 - $234.37

Q3 2020

Shares 5,122 Value ($000) $1,030 Avg Close $178.97 Range $164.16 - $197.73

Q2 2020

Shares 5,132 Value ($000) $1,015 Avg Close $164.18 Range $123.60 - $195.75

Q1 2020

Shares 5,132 Value ($000) $794 Avg Close $184.40 Range $114.16 - $217.18

Q4 2019

Shares 5,186 Value ($000) $1,192 Avg Close $187.49 Range $167.27 - $201.35

Q3 2019

Shares 5,489 Value ($000) $1,138 Avg Close $179.59 Range $165.99 - $190.99

Q2 2019

Shares 5,599 Value ($000) $1,146 Avg Close $169.10 Range $154.86 - $179.11

Q1 2019

Shares 6,842 Value ($000) $1,313 Avg Close $164.16 Range $138.78 - $176.11

Q4 2018

Shares 15,982 Value ($000) $2,669 Avg Close $170.89 Range $128.88 - $198.06

Q3 2018

Shares 16,854 Value ($000) $3,780 Avg Close $196.40 Range $184.61 - $206.70

Q2 2018

Shares 16,792 Value ($000) $3,704 Avg Close $200.65 Range $184.80 - $220.61

Q1 2018

Shares 17,321 Value ($000) $4,362 Avg Close $218.41 Range $200.54 - $231.37

Q4 2017

Shares 17,566 Value ($000) $4,475 Avg Close $205.15 Range $195.11 - $219.69

Q3 2017

Shares 17,765 Value ($000) $4,213 Avg Close $188.03 Range $179.32 - $198.50

Q2 2017

Shares 18,347 Value ($000) $4,071 Avg Close $184.61 Range $174.53 - $193.25

Q1 2017

Shares 18,487 Value ($000) $4,246 Avg Close $200.04 Range $183.26 - $211.72

Q4 2016

Shares 19,204 Value ($000) $4,599 Avg Close $167.76 Range $132.22 - $203.24

Q3 2016

Shares 19,073 Value ($000) $3,076 Avg Close $133.80 Range $117.21 - $142.26

Q2 2016

Shares 19,737 Value ($000) $2,933 Avg Close $127.90 Range $113.58 - $138.25

Q1 2016

Shares 19,912 Value ($000) $3,126 Avg Close $126.24 Range $113.32 - $144.66

Q4 2015

Shares 19,899 Value ($000) $3,586 Avg Close $151.14 Range $137.97 - $162.36

Q3 2015

Shares 20,737 Value ($000) $3,604 Avg Close $158.88 Range $136.03 - $173.70

Q2 2015

Shares 21,122 Value ($000) $4,410 Avg Close $164.61 Range $150.85 - $177.07

Q1 2015

Shares 21,279 Value ($000) $4,000 Avg Close $149.80 Range $138.56 - $157.44

Q4 2014

Shares 20,473 Value ($000) $3,968 Avg Close $150.86 Range $137.31 - $159.31

Q3 2014

Shares 17,833 Value ($000) $3,274 Avg Close $140.58 Range $129.11 - $151.20

Q2 2014

Shares 14,983 Value ($000) $2,508 Avg Close $128.71 Range $120.80 - $136.75

Q1 2014

Shares 14,743 Value ($000) $2,416 Avg Close $133.70 Range $126.84 - $143.80

Q4 2013

Shares 13,384 Value ($000) $2,373 Avg Close $130.68 Range $120.94 - $140.87

Q3 2013

Shares 13,834 Value ($000) $2,189 Avg Close $127.13 Range $117.74 - $134.52

Q2 2013

Shares 15,395 Value ($000) $2,329 Avg Close $120.06 Range $107.94 - $132.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	249	$219	$813.35	$736.36 - $919.10
Q3 2025	357	$284	$734.84	$684.23 - $821.18
Q2 2025	357	$253	$571.74	$432.73 - $706.99
Q1 2025	417	$228	$590.71	$512.19 - $658.75
Q4 2024	3,017	$1,728	$544.86	$472.18 - $599.67
Q3 2024	3,017	$1,494	$475.08	$424.00 - $501.45
Q2 2024	3,017	$1,365	$423.71	$373.03 - $454.32
Q1 2024	3,017	$1,260	$372.27	$356.00 - $403.94
Q4 2023	3,052	$1,177	$317.74	$274.61 - $371.02
Q3 2023	3,052	$988	$315.37	$294.31 - $340.35
Q2 2023	3,115	$1,005	$307.90	$292.29 - $327.28
Q1 2023	3,152	$1,031	$323.64	$281.97 - $352.13
Q4 2022	3,152	$1	$321.54	$265.13 - $358.95
Q3 2022	3,177	$930	$297.04	$254.08 - $327.95
Q2 2022	3,177	$943	$283.57	$254.36 - $315.71
Q1 2022	3,267	$1,078	$319.80	$289.53 - $372.88
Q4 2021	3,352	$1,283	$356.48	$331.30 - $383.05
Q3 2021	4,767	$1,801	$349.92	$312.18 - $376.37
Q2 2021	4,917	$1,865	$319.41	$287.92 - $351.77
Q1 2021	5,117	$1,673	$276.90	$231.02 - $318.13
Q4 2020	5,122	$1,352	$197.01	$163.85 - $234.37
Q3 2020	5,122	$1,030	$178.97	$164.16 - $197.73
Q2 2020	5,132	$1,015	$164.18	$123.60 - $195.75
Q1 2020	5,132	$794	$184.40	$114.16 - $217.18
Q4 2019	5,186	$1,192	$187.49	$167.27 - $201.35
Q3 2019	5,489	$1,138	$179.59	$165.99 - $190.99
Q2 2019	5,599	$1,146	$169.10	$154.86 - $179.11
Q1 2019	6,842	$1,313	$164.16	$138.78 - $176.11
Q4 2018	15,982	$2,669	$170.89	$128.88 - $198.06
Q3 2018	16,854	$3,780	$196.40	$184.61 - $206.70
Q2 2018	16,792	$3,704	$200.65	$184.80 - $220.61
Q1 2018	17,321	$4,362	$218.41	$200.54 - $231.37
Q4 2017	17,566	$4,475	$205.15	$195.11 - $219.69
Q3 2017	17,765	$4,213	$188.03	$179.32 - $198.50
Q2 2017	18,347	$4,071	$184.61	$174.53 - $193.25
Q1 2017	18,487	$4,246	$200.04	$183.26 - $211.72
Q4 2016	19,204	$4,599	$167.76	$132.22 - $203.24
Q3 2016	19,073	$3,076	$133.80	$117.21 - $142.26
Q2 2016	19,737	$2,933	$127.90	$113.58 - $138.25
Q1 2016	19,912	$3,126	$126.24	$113.32 - $144.66
Q4 2015	19,899	$3,586	$151.14	$137.97 - $162.36
Q3 2015	20,737	$3,604	$158.88	$136.03 - $173.70
Q2 2015	21,122	$4,410	$164.61	$150.85 - $177.07
Q1 2015	21,279	$4,000	$149.80	$138.56 - $157.44
Q4 2014	20,473	$3,968	$150.86	$137.31 - $159.31
Q3 2014	17,833	$3,274	$140.58	$129.11 - $151.20
Q2 2014	14,983	$2,508	$128.71	$120.80 - $136.75
Q1 2014	14,743	$2,416	$133.70	$126.84 - $143.80
Q4 2013	13,384	$2,373	$130.68	$120.94 - $140.87
Q3 2013	13,834	$2,189	$127.13	$117.74 - $134.52
Q2 2013	15,395	$2,329	$120.06	$107.94 - $132.67