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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, Q1 2023

Institutional positions in Alerus Financial Corp as of Mar 31, 2023. 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
68
−10 vs. Q4 2022
Shares held
8.47M
−65.4K (−0.8%) vs. Q4 2022
Total value
$136.0M
−$63.4M (−31.8%) vs. Q4 2022
New holders
7
28 more added
Sold out
17
18 more reduced

Compare with Q4 2022: 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 holdersQ1 2023: 68 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 heldQ1 2023: $136.0M
Q1 2021: $191.3MQ2 2021: $184.9MQ3 2021: $190.2MQ4 2021: $201.1MQ1 2022: $197.1MQ2 2022: $166.2MQ3 2022: $184.6MQ4 2022: $199.4MQ1 2023: $136.0MQ2 2023: $158.4MQ3 2023: $159.1MQ4 2023: $203.7MQ1 2024: $204.9MQ2 2024: $186.7MQ3 2024: $227.6MQ4 2024: $256.1MQ1 2025: $250.6MQ2 2025: $302.6MQ3 2025: $327.5MQ4 2025: $346.7MQ1 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$346.7M
Q3 2025136$327.5M
Q2 2025126$302.6M
Q1 2025113$250.6M
Q4 2024111$256.1M
Q3 2024102$227.6M
Q2 202494$186.7M
Q1 202488$204.9M
Q4 202379$203.7M
Q3 202371$159.1M
Q2 202368$158.4M
Q1 202368$136.0M
Q4 202278$199.4M
Q3 202278$184.6M
Q2 202268$166.2M
Q1 202274$197.1M
Q4 202170$201.1M
Q3 202158$190.2M
Q2 202160$184.9M
Q1 202161$191.3M

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q4 2022.

Institutions holding ALRS in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,277,713$36.6M3.25%+29,488+1.3%Added
BlackRock Inc.1,017,281$16.3M0.00%−6,124−0.6%Reduced
Vanguard Group Inc847,180$13.6M0.00%+2,759+0.3%Added
Banc Funds Co LLC583,022$9.36M1.00%00.0%Unchanged
State Street Corp306,242$4.97M0.00%+10,891+3.7%Added
Geode Capital Management, LLC302,259$4.85M0.00%+11,687+4.0%Added
Ameriprise Financial Inc292,700$4.70M0.00%+41,880+16.7%Added
Brown Advisory Inc279,526$4.49M0.01%+47,571+20.5%Added
Goldman Sachs Group Inc203,641$3.27M0.00%−25,796−11.2%Reduced
Endeavour Capital Advisors Inc192,897$3.10M1.42%+11,941+6.6%Added
Alliancebernstein L.P.160,674$2.58M0.00%−10,942−6.4%Reduced
Dimensional Fund Advisors LP157,910$2.53M0.00%+10,583+7.2%Added
Ategra Capital Management, LLC156,957$2.52M1.41%+41,957+36.5%Added
Northern Trust Corp156,335$2.51M0.00%−6,726−4.1%Reduced
Cutler Capital Management, LLC154,661$2.48M1.11%+384+0.2%Added
Mairs & Power Inc141,199$2.27M0.03%00.0%Unchanged
Charles Schwab Investment Management Inc123,450$1.98M0.00%+365+0.3%Added
American Century Companies Inc114,933$1.84M0.00%+30,652+36.4%Added
Citadel Advisors LLC105,905$1.70M0.00%+55,284+109.2%Added
Bank of New York Mellon Corp90,529$1.45M0.00%−2,993−3.2%Reduced
Bridgeway Capital Management, LLC80,200$1.29M0.03%−38,473−32.4%Reduced
Stifel Financial Corp65,060$1.04M0.00%+60+0.1%Added
Basswood Capital Management, L.L.C.60,240$966.9K0.07%00.0%Unchanged
Morgan Stanley57,648$925.3K0.00%+44,380+334.5%Added
Two Sigma Investments, LP45,621$732.2K0.00%+12,172+36.4%Added
Two Sigma Advisers, LP45,300$727.1K0.00%+11,400+33.6%Added
Millennium Management LLC42,913$689.0K0.00%+42,913New
Marshall Wace, LLP33,526$538.1K0.00%+33,526New
Nuveen Asset Management, LLC32,934$529.0K0.00%−14,116−30.0%Reduced
Cetera Investment Advisers29,212$468.9K0.00%00.0%Unchanged
State of Wisconsin Investment Board28,400$443.0K0.00%+4,000+16.4%Added
Barclays PLC24,400$391.6K0.00%+3,598+17.3%Added
Verus Capital Partners, LLC23,700$380.4K0.06%00.0%Unchanged
HSBC Holdings PLC24,058$378.9K0.00%00.0%Unchanged
Rhumbline Advisers23,336$375.0K0.00%+396+1.7%Added
Lafayette Investments, Inc.20,100$322.6K0.09%00.0%Unchanged
Wells Fargo & Company19,568$314.1K0.00%+2,811+16.8%Added
Bank of America Corp19,550$313.8K0.00%+3,064+18.6%Added
First PREMIER Bank17,036$273.0K0.08%00.0%Unchanged
US Bancorp12,630$202.7K0.00%00.0%Unchanged
JPMorgan Chase & Co11,893$191.0K0.00%+30+0.3%Added
Quadrature Capital Ltd11,871$190.3K0.01%+11,871New
Trexquant Investment LP10,553$169.4K0.00%+10,553New
New York State Common Retirement Fund10,235$164.3K0.00%+9+0.1%Added
Deutsche Bank AG9,159$147.0K0.00%+2,919+46.8%Added
MetLife Investment Management7,325$117.6K0.00%00.0%Unchanged
American International Group, Inc.7,316$117.4K0.00%+146+2.0%Added
UBS Group AG6,194$99.4K0.00%−4,902−44.2%Reduced
California State Teachers Retirement System5,635$90.4K0.00%−416−6.9%Reduced
Horrell Capital Management, Inc.4,440$71.0K0.02%00.0%Unchanged
ICA Group Wealth Management, LLC3,500$56.2K0.01%−400−10.3%Reduced
Acadian Asset Management LLC2,591$41.0K0.00%−4,638−64.2%Reduced
Advisor Group Holdings, Inc.2,187$35.1K0.00%−1,339−38.0%Reduced
Amalgamated Bank1,560$25.0K0.00%−351−18.4%Reduced
Legal & General Group Plc1,352$21.7K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,321$21.2K0.00%00.0%Unchanged
Lazard Asset Management LLC1,344$21.0K0.00%00.0%Unchanged
GWM Advisors LLC1,000$16.1K0.00%+1,000New
Royal Bank of Canada860$14.0K0.00%−1,064−55.3%Reduced
Metropolitan Life Insurance Co847$13.6K0.00%−291−25.6%Reduced
Proequities, Inc.823$13.2K0.00%+823New
Tower Research Capital LLC (TRC)651$10.0K0.00%+240+58.4%Added
FMR LLC617$9.90K0.00%+460+293.0%Added
Hanson & Doremus Investment Management226$4.00K0.00%00.0%Unchanged
CWM, LLC108$2.00K0.00%−56−34.1%Reduced
Covestor Ltd57$1.00K0.00%−20−26.0%Reduced
Nisa Investment Advisors, LLC19$00.00%−3,731−99.5%Reduced
Capital Advisors, Ltd. LLC13$00.00%+13New
Boothbay Fund Management, LLC0$00.00%−130,000−100.0%Sold out
Elizabeth Park Capital Advisors, Ltd.0$00.00%−108,395−100.0%Sold out
AE Wealth Management LLC0$00.00%−41,804−100.0%Sold out
Invesco Ltd.0$00.00%−39,063−100.0%Sold out
PMC FIG Opportunities LLC0$00.00%−33,000−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−24,955−100.0%Sold out
Martingale Asset Management L P0$00.00%−14,507−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−13,310−100.0%Sold out
Harbor Advisors LLC0$00.00%−9,867−100.0%Sold out
SG Americas Securities, LLC0$00.00%−5,185−100.0%Sold out
Allspring Global Investments Holdings, LLC0$00.00%−3,667−100.0%Sold out
STRS Ohio0$00.00%−800−100.0%Sold out
Citigroup Inc0$00.00%−103−100.0%Sold out
Simplex Trading, LLC0$00.00%−100−100.0%Sold out
ClariVest Asset Management LLC0$00.00%−38−100.0%Sold out
Ellevest, Inc.0$00.00%−21−100.0%Sold out
Credit Suisse AG0$00.00%−1−100.0%Sold out