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Alerus Financial Corp

ALRS
Exchange
Nasdaq
Industry
National Commercial Banks
SEC CIK
0000903419

In the last 90 days, Alerus Financial Corp insiders filed 1 open-market purchase and 1 sale; 161 institutions reported holding it in 13F filings for Q2 2026, worth $503.9M in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in Alerus Financial Corp as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
161
+14 vs. Q1 2026
Shares held
16.3M
+496.6K (+3.2%) vs. Q1 2026
Total value
$503.9M
+$130.3M (+34.9%) vs. Q1 2026
New holders
26
64 more added
Sold out
12
39 more reduced

2 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting ALRS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 161 institutions
Q1 2021: 61 institutionsQ2 2021: 60 institutionsQ3 2021: 58 institutionsQ4 2021: 70 institutionsQ1 2022: 74 institutionsQ2 2022: 68 institutionsQ3 2022: 78 institutionsQ4 2022: 78 institutionsQ1 2023: 68 institutionsQ2 2023: 68 institutionsQ3 2023: 71 institutionsQ4 2023: 79 institutionsQ1 2024: 88 institutionsQ2 2024: 94 institutionsQ3 2024: 102 institutionsQ4 2024: 111 institutionsQ1 2025: 113 institutionsQ2 2025: 126 institutionsQ3 2025: 136 institutionsQ4 2025: 142 institutionsQ1 2026: 149 institutionsQ2 2026: 161 institutions
Value heldQ2 2026: $503.9M
Q1 2021: $191.3MQ2 2021: $184.9MQ3 2021: $190.2MQ4 2021: $202.1MQ1 2022: $197.1MQ2 2022: $166.2MQ3 2022: $184.6MQ4 2022: $199.4MQ1 2023: $136.1MQ2 2023: $158.4MQ3 2023: $159.1MQ4 2023: $206.3MQ1 2024: $209.2MQ2 2024: $186.8MQ3 2024: $228.1MQ4 2024: $256.1MQ1 2025: $250.6MQ2 2025: $302.7MQ3 2025: $329.1MQ4 2025: $347.8MQ1 2026: $375.3MQ2 2026: $503.9M
Institutions holding ALRS and their total value by quarter
QuarterHoldersValue
Q2 2026161$503.9M
Q1 2026149$375.3M
Q4 2025142$347.8M
Q3 2025136$329.1M
Q2 2025126$302.7M
Q1 2025113$250.6M
Q4 2024111$256.1M
Q3 2024102$228.1M
Q2 202494$186.8M
Q1 202488$209.2M
Q4 202379$206.3M
Q3 202371$159.1M
Q2 202368$158.4M
Q1 202368$136.1M
Q4 202278$199.4M
Q3 202278$184.6M
Q2 202268$166.2M
Q1 202274$197.1M
Q4 202170$202.1M
Q3 202158$190.2M
Q2 202160$184.9M
Q1 202161$191.3M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q1 2026.

Institutions holding ALRS in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,116,173$65.8M2.88%−125,568−5.6%Reduced
BlackRock, Inc.1,822,242$56.7M0.00%+61,491+3.5%Added
Vanguard Capital Management LLC945,852$29.4M0.00%−15,924−1.7%Reduced
Dimensional Fund Advisors LP943,445$29.3M0.01%+56,630+6.4%Added
Geode Capital Management, LLC655,184$20.4M0.00%+37,508+6.1%Added
State Street Corp561,249$17.6M0.00%+68,087+13.8%Added
Goldman Sachs Group Inc525,321$16.3M0.00%+158,794+43.3%Added
M3F, Inc.417,108$13.0M3.07%00.0%Unchanged
Stieven Capital Advisors, L.P.382,034$11.9M2.27%+43,110+12.7%Added
Phocas Financial Corp.354,155$11.0M1.53%+93,259+35.7%Added
Banc Funds Co LLC349,165$10.9M1.79%00.0%Unchanged
Endeavour Capital Advisors Inc339,518$10.6M2.17%−222,711−39.6%Reduced
Ameriprise Financial Inc310,910$9.67M0.00%−73,030−19.0%Reduced
AQR Capital Management LLC296,688$9.23M0.00%+27,523+10.2%Added
RSM US Wealth Management LLC293,265$9.12M0.10%−416−0.1%Reduced
American Century Companies Inc277,688$8.64M0.00%−32,435−10.5%Reduced
CSM Advisors, LLC239,320$7.45M0.16%+38,385+19.1%Added
Morgan Stanley237,432$7.38M0.00%−35,557−13.0%Reduced
Gendell Jeffrey L233,700$7.27M0.07%00.0%Unchanged
Grace & White Inc228,108$7.09M1.12%00.0%Unchanged
ProShare Advisors LLC226,312$7.04M0.01%+226,312New
Vanguard Portfolio Management LLC209,780$6.52M0.00%+33,849+19.2%Added
Northern Trust Corp205,180$6.38M0.00%+10,716+5.5%Added
Charles Schwab Investment Management Inc205,093$6.38M0.00%−231−0.1%Reduced
Mairs & Power Inc203,417$6.33M0.06%+123,981+156.1%Added
Alliancebernstein L.P.248,961$5.90M0.00%+6,280+2.6%Added
Qube Research & Technologies Ltd164,333$5.11M0.01%+73,492+80.9%Added
Vanguard Fiduciary Trust Co162,591$5.06M0.00%+5,269+3.3%Added
Federated Hermes, Inc.139,416$4.34M0.01%+41,351+42.2%Added
Gabelli Funds LLC134,737$4.19M0.03%00.0%Unchanged
Cutler Capital Management, LLC134,400$4.18M1.09%−2,070−1.5%Reduced
Bank of New York Mellon Corp124,414$3.87M0.00%+6,661+5.7%Added
Quantinno Capital Management LP124,348$3.87M0.00%+32,096+34.8%Added
Sippican Capital Advisors111,891$3.48M2.12%−1,250−1.1%Reduced
Bridgeway Capital Management, LLC108,916$3.39M0.06%+16,887+18.3%Added
Empowered Funds, LLC99,166$3.08M0.02%+16,887+20.5%Added
Acadian Asset Management LLC89,046$2.77M0.00%−12,139−12.0%Reduced
First Trust Advisors LP83,962$2.61M0.00%+2,754+3.4%Added
Trexquant Investment LP83,738$2.60M0.02%+32,210+62.5%Added
Two Sigma Investments, LP82,300$2.56M0.00%+47,085+133.7%Added
New York State Common Retirement Fund74,559$2.32M0.00%+22,345+42.8%Added
Los Angeles Capital Management LLC71,187$2.21M0.01%−4,430−5.9%Reduced
Fortress Financial Group, LLC66,344$2.06M1.03%+280.0%Added
XTX Topco Ltd60,907$1.89M0.02%+17,308+39.7%Added
Basswood Capital Management, L.L.C.60,240$1.87M0.08%00.0%Unchanged
JPMorgan Chase & Co55,490$1.72M0.00%−7,964−12.6%Reduced
Gator Capital Management, LLC54,420$1.69M0.36%−13,540−19.9%Reduced
Wealth Forward, LLC50,279$1.56M0.78%00.0%Unchanged
Squarepoint Ops LLC49,419$1.54M0.00%−3,439−6.5%Reduced
Pinnacle Holdings, LLC49,149$1.53M0.47%+150+0.3%Added
Citigroup Inc48,814$1.52M0.00%+16,917+53.0%Added
Nuveen, LLC44,509$1.38M0.00%+5,113+13.0%Added
Renaissance Technologies LLC42,241$1.31M0.00%−56,045−57.0%Reduced
Jones Financial Companies LLLP41,111$1.27M0.00%+40,511+6,751.8%Added
Bank of America Corp39,437$1.23M0.00%+6,781+20.8%Added
Ieq Capital, LLC39,225$1.22M0.01%−175−0.4%Reduced
Millennium Management LLC37,560$1.17M0.00%−69,426−64.9%Reduced
Principal Financial Group Inc32,036$996.3K0.00%+2,052+6.8%Added
Rhumbline Advisers31,839$990.2K0.00%+3,106+10.8%Added
Mariner, LLC31,459$978.4K0.00%−1,936−5.8%Reduced
Invesco Ltd.30,412$945.8K0.00%+541+1.8%Added
Russell Investments Group, Ltd.28,713$892.2K0.00%+23,837+488.9%Added
Susquehanna Fundamental Investments, LLC28,377$882.5K0.02%+6,608+30.4%Added
Gsa Capital Partners LLP27,955$869.0K0.05%−18,946−40.4%Reduced
Creative Planning27,856$866.3K0.00%+1,348+5.1%Added
Citadel Advisors LLC26,211$815.2K0.00%+26,211New
STRS Ohio24,900$774.4K0.00%+24,900New
Deutsche Bank AG23,420$728.4K0.00%+4,621+24.6%Added
Johnson Wealth Management, LLC23,006$715.5K0.30%−5,180−18.4%Reduced
Gamco Investors, Inc. Et Al22,671$705.1K0.01%+2,835+14.3%Added
CWM Advisors, LLC21,985$683.7K0.03%+308+1.4%Added
Lafayette Investments, Inc.21,900$681.1K0.13%00.0%Unchanged
FMR LLC21,768$677.0K0.00%+13,296+156.9%Added
Wells Fargo & Company20,493$637.3K0.00%+10,109+97.4%Added
LSV Asset Management20,000$622.0K0.00%00.0%Unchanged
Price T Rowe Associates Inc19,815$617.0K0.00%+3,533+21.7%Added
State of Wisconsin Investment Board19,342$601.5K0.00%−1,235−6.0%Reduced
Cetera Investment Advisers18,973$590.0K0.00%−2,191−10.4%Reduced
Canada Pension Plan Investment Board18,800$584.7K0.00%00.0%Unchanged
Odyssean, LLC18,781$584.1K0.09%+18,781New
Mercer Global Advisors Inc18,174$565.2K0.00%+2,597+16.7%Added
Connor, Clark & Lunn Investment Management Ltd.17,933$557.7K0.00%+17,933New
Wealth Enhancement Advisory Services, LLC16,615$520.4K0.00%+2,869+20.9%Added
Aquatic Capital Management LLC16,564$515.1K0.02%+16,564New
MetLife Investment Management13,739$427.3K0.00%+869+6.8%Added
Marshall Wace, LLP13,457$418.5K0.00%+13,457New
HRT Financial LP13,303$413.0K0.00%+13,303New
Aviance Capital Partners, LLC13,111$407.7K0.04%00.0%Unchanged
First PREMIER Bank12,670$394.0K0.06%−4,366−25.6%Reduced
Susquehanna International Group, LLP12,053$374.8K0.00%+3,397+39.2%Added
Columbia River Financial Group, LLC11,239$352.0K0.19%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.11,048$343.6K0.00%+15+0.1%Added
Tower Research Capital LLC (TRC)10,674$332.0K0.01%+8,089+312.9%Added
Vanguard Global Advisers, LLC10,247$318.7K0.00%00.0%Unchanged
Harbor Advisors LLC9,867$306.9K0.04%00.0%Unchanged
Hanson & Doremus Investment Management9,584$298.0K0.03%−260−2.6%Reduced
Martingale Asset Management L P8,400$261.2K0.01%−14,800−63.8%Reduced
PFG Advisors7,948$247.2K0.01%+7,948New
MML Investors Services, LLC7,937$246.8K0.00%+7,937New
Tradition Wealth Management, LLC7,912$246.1K0.02%+7,912New