Arrow Electronics (ARW): ACR Alpine Capital Research and affiliated entities reported beneficial ownership of 2,633,060 shares of common stock, representing 5.1% of the class. The percentage is based on 51,501,705 shares outstanding as of July 24, 2025.
The reporting group, which includes ACR Alpine Capital Research, LP and related entities, as well as Nicholas V. and Jennifer O. Tompras, reports 0 shares with sole voting or dispositive power and 2,633,060 shares with shared voting and shared dispositive power.
The certification states the securities were not acquired for the purpose of changing or influencing control, consistent with a passive Schedule 13G filing. Individual affiliated vehicles also report smaller positions (e.g., APC 323,313; ACREX 41,465), while aggregate control across the group is disclosed at the 5.1% level.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
ARROW ELECTRONICS, INC.
(Name of Issuer)
Common Stock, $1 par value
(Title of Class of Securities)
042735100
(CUSIP Number)
10/17/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR Alpine Capital Research, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR Opportunity, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,400.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,400.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,400.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ALPINE PARTNERS MANAGEMENT, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MISSOURI
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
10,400.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
10,400.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
10,400.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR Opportunity Fund
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
13,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
13,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0 %
12
Type of Reporting Person (See Instructions)
IV
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR Equity International Fund
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
41,465.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
41,465.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
41,465.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
IV
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ALPINE PRIVATE CAPITAL, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
323,313.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
323,313.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
323,313.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR ALPINE CAPITAL RESEARCH, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
ACR Alpine Capital GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
Alpine Investment Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MISSOURI
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
Alpine Holdings Corp
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MISSOURI
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
Nicholas V. Tompras Living Trust 9/23/03, as amended
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MISSOURI
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
Tompras Nicholas V.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
CUSIP No.
042735100
1
Names of Reporting Persons
Tompras Jennifer O.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,633,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,633,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,633,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ARROW ELECTRONICS, INC.
(b)
Address of issuer's principal executive offices:
9151 East Panorama Circle, Centennial, Colorado, 80112
Item 2.
(a)
Name of person filing:
This statement is filed by (i) ACR Opportunity, L.P. ("ACROPP"); (ii) Alpine Partners Management, LLC ("APM"); (iii) ACR Opportunity Fund ("ACROX"); (iv) ACR Equity International Fund ("ACREX"); (v) Alpine Private Capital, LLC ("APC"); (vi) ACR Alpine Capital Research, LLC ("ACR"); (vii) ACR Alpine Capital Research, LP ("ACRLP"); (viii) ACR Alpine Capital GP, LLC ("ACRGP"); (ix) Alpine Investment Management, LLC ("AIM"); (x) Alpine Holdings Corporation ("AHC"); (xi) Nicholas V. Tompras Living Trust 9/23/03, as amended (the "Living Trust"); (xii) Nicholas V. Tompras; and (xiii) Jennifer O. Tompras. The foregoing are collectively referred to herein as the "Reporting Persons."
ACROPP, ACROX, ACREX, accounts separately managed by APC (the "APC Accounts"), and accounts separately managed by ACR (the "Separately Managed Accounts") each hold securities of the Issuer.
APM is the general partner of ACROPP. ACR serves as the investment manager of ACROPP, ACROX, ACREX and the Separately Managed Accounts, and has investment discretion over the APC Accounts delegated by APC. ACRLP is the sole member of ACR. ACRGP is the general partner of ACRLP. AIM is the sole member of ACRGP. AHC is the sole member of AIM. The Living Trust holds all of the voting capital stock of AHC. Nicholas V. Tompras and Jennifer O. Tompras are each a trustee of the Living Trust.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is 190 Carondelet Plaza, Suite 1300, Saint Louis, Missouri 63105.
(c)
Citizenship:
Each of ACROPP and ACRLP is a Delaware limited partnership. Each of APM and AIM is a Missouri limited liability company. Each of ACROX and ACREX is a Delaware statutory trust. Each of APC, ACR, and ACRGP is a Delaware limited liability company. AHC is a Missouri corporation. The Living Trust is formed under the laws of the State of Missouri. Nicholas V. Tompras and Jennifer O. Tompras are citizens of the United States of America.
(d)
Title of class of securities:
Common Stock, $1 par value
(e)
CUSIP No.:
042735100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
ACROPP 10,400
APM 10,400
ACROX 13,000
ACREX 41,465
APC 323,313
ACR 2,633,060
ACRLP 2,633,060
ACRGP 2,633,060
AIM 2,633,060
AHC 2,633,060
The Living Trust 2,633,060
Nicholas V. Tompras 2,633,060
Jennifer O. Tompras 2,633,060
ACROPP, APM, ACROX, ACREX, APC, and ACR each disclaims beneficial ownership of all Common Stock included in this report other than the Common Stock held of record by such Reporting Person, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. ACRLP, ACRGP, AIM, AHC, the Living Trust, and Mr. and Mrs. Tompras each disclaims beneficial ownership of all Common Stock included in this report, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Exchange Act, or for any other purpose.
(b)
Percent of class:
ACROPP 0.0%
APM 0.0%
ACROX 0.0%
ACREX 0.1%
APC 0.6%
ACR 5.1%
ACRLP 5.1%
ACRGP 5.1%
AIM 5.1%
AHC 5.1%
The Living Trust 5.1%
Nicholas V. Tompras 5.1%
Jennifer O. Tompras 5.1%
The percentages are based on 51,501,705 Common Stock outstanding as of July 24, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed on July 31, 2025.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0 for all Reporting Persons
(ii) Shared power to vote or to direct the vote:
ACROPP 10,400
APM 10,400
ACROX 13,000
ACREX 41,465
APC 323,313
ACR 2,633,060
ACRLP 2,633,060
ACRGP 2,633,060
AIM 2,633,060
AHC 2,633,060
The Living Trust 2,633,060
Nicholas V. Tompras 2,633,060
Jennifer O. Tompras 2,633,060
(iii) Sole power to dispose or to direct the disposition of:
0 for all Reporting Persons
(iv) Shared power to dispose or to direct the disposition of:
ACROPP 10,400
APM 10,400
ACROX 13,000
ACREX 41,465
APC 323,313
ACR 2,633,060
ACRLP 2,633,060
ACRGP 2,633,060
AIM 2,633,060
AHC 2,633,060
The Living Trust 2,633,060
Nicholas V. Tompras 2,633,060
Jennifer O. Tompras 2,633,060
Item 5.
Ownership of 5 Percent or Less of a Class.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The APC Accounts and Separately Managed Accounts described above in Item 2 have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities held in their respective accounts. To the knowledge of the Reporting Persons, the interest in any such account does not exceed 5% of the class of securities. Except to the extent described herein, the Reporting Persons disclaim beneficial ownership of all such securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
ACR Alpine Capital Research, LLC
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ACR Opportunity, L.P.
Signature:
Alpine Partners Management, LLC
Name/Title:
General Partner
Date:
10/24/2025
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ALPINE PARTNERS MANAGEMENT, LLC
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ACR Opportunity Fund
Signature:
ACR Alpine Capital Research, LLC
Name/Title:
Investment Manager
Date:
10/24/2025
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ACR Equity International Fund
Signature:
ACR Alpine Capital Research
Name/Title:
Investment Manager
Date:
10/24/2025
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ALPINE PRIVATE CAPITAL, LLC
Signature:
Alpine Investment Management, LLC
Name/Title:
Majority Owner
Date:
10/24/2025
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/President
Date:
10/24/2025
ACR ALPINE CAPITAL RESEARCH, LP
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/Chief Executive Officer
Date:
10/24/2025
ACR Alpine Capital GP, LLC
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/President
Date:
10/24/2025
Alpine Investment Management, LLC
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/President
Date:
10/24/2025
Alpine Holdings Corp
Signature:
/s/ Nicholas V. Tompras
Name/Title:
Nicholas V. Tompras/President
Date:
10/24/2025
Nicholas V. Tompras Living Trust 9/23/03, as amended
