FPA Queens Road Small Cap Value Fund highlighted Arrow Electronics (ARW) in its second-quarter 2026 investor letter, noting the company's strong financials and cash flows, which allowed it to retire roughly one-third of outstanding shares during 2020-2023. The fund also pointed out ARW's Q1 earnings growth of 39% year-over-year with adjusted EPS more than doubling. While the fund has been trimming its position, it still maintains a substantial holding in ARW, which closed at approximately $203.92 per share on August 31, 2026, with a market capitalization of about $10.41 billion.