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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, Q3 2023

Institutional positions in Alerus Financial Corp as of Sep 30, 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
71
+3 vs. Q2 2023
Shares held
8.75M
−56.2K (−0.6%) vs. Q2 2023
Total value
$159.1M
+$735.6K (+0.5%) vs. Q2 2023
New holders
6
24 more added
Sold out
3
20 more reduced

Compare with Q2 2023: 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 holdersQ3 2023: 71 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 heldQ3 2023: $159.1M
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, Q3 2023

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q2 2023.

Institutions holding ALRS in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,248,939$40.9M3.62%−92,011−3.9%Reduced
BlackRock Inc.1,362,106$24.8M0.00%−6,151−0.4%Reduced
Vanguard Group Inc861,201$15.7M0.00%+9,788+1.1%Added
Banc Funds Co LLC583,022$10.6M1.24%00.0%Unchanged
Geode Capital Management, LLC370,652$6.74M0.00%+18,286+5.2%Added
State Street Corp327,602$6.02M0.00%+1,831+0.6%Added
Ameriprise Financial Inc326,287$5.93M0.00%+5,400+1.7%Added
Brown Advisory Inc284,647$5.17M0.01%+24,643+9.5%Added
Dimensional Fund Advisors LP196,896$3.58M0.00%+32,889+20.1%Added
Endeavour Capital Advisors Inc196,573$3.57M1.44%00.0%Unchanged
Northern Trust Corp174,314$3.17M0.00%+1,343+0.8%Added
Goldman Sachs Group Inc160,858$2.92M0.00%−24,231−13.1%Reduced
Cutler Capital Management, LLC156,651$2.85M1.28%+829+0.5%Added
Charles Schwab Investment Management Inc141,650$2.58M0.00%+8,205+6.1%Added
Mairs & Power Inc141,319$2.57M0.03%+120+0.1%Added
Ategra Capital Management, LLC139,826$2.54M1.39%−30,406−17.9%Reduced
American Century Companies Inc134,882$2.45M0.00%+14,061+11.6%Added
Bridgeway Capital Management, LLC101,834$1.85M0.04%+21,634+27.0%Added
Bank of New York Mellon Corp97,862$1.78M0.00%+880+0.9%Added
Basswood Capital Management, L.L.C.60,240$1.10M0.08%00.0%Unchanged
Morgan Stanley53,607$974.6K0.00%−1,866−3.4%Reduced
Stifel Financial Corp52,000$945.4K0.00%−13,000−20.0%Reduced
Mariner, LLC36,109$656.5K0.00%−700−1.9%Reduced
Nuveen Asset Management, LLC35,888$652.4K0.00%00.0%Unchanged
Cetera Investment Advisers33,973$617.6K0.01%00.0%Unchanged
Sippican Capital Advisors31,090$565.2K0.52%+31,090New
Two Sigma Advisers, LP30,200$549.0K0.00%−7,000−18.8%Reduced
State of Wisconsin Investment Board29,600$538.1K0.00%−3,100−9.5%Reduced
Rhumbline Advisers25,386$461.5K0.00%+618+2.5%Added
Two Sigma Investments, LP24,833$451.5K0.00%+5,537+28.7%Added
Bank of America Corp23,757$431.9K0.00%+4,518+23.5%Added
Verus Capital Partners, LLC23,700$430.9K0.06%00.0%Unchanged
HSBC Holdings PLC23,189$419.7K0.00%−869−3.6%Reduced
Empowered Funds, LLC21,634$393.3K0.01%+21,634New
Lafayette Investments, Inc.20,100$365.4K0.10%00.0%Unchanged
Barclays PLC19,794$359.9K0.00%−552−2.7%Reduced
First PREMIER Bank17,036$310.0K0.10%00.0%Unchanged
Riverwater Partners LLC16,763$303.0K0.28%+16,763New
Alliancebernstein L.P.16,651$302.7K0.00%−82,573−83.2%Reduced
US Bancorp12,630$229.6K0.00%00.0%Unchanged
JPMorgan Chase & Co12,398$225.4K0.00%−1,849−13.0%Reduced
Deutsche Bank AG11,763$213.9K0.00%+2,740+30.4%Added
Renaissance Technologies LLC11,700$213.0K0.00%−400−3.3%Reduced
UBS Group AG11,414$207.5K0.00%−122−1.1%Reduced
Cresset Asset Management, LLC10,098$186.1K0.00%+10,098New
MetLife Investment Management9,726$176.8K0.00%00.0%Unchanged
New York State Common Retirement Fund9,549$173.6K0.00%+27+0.3%Added
Wells Fargo & Company9,498$172.7K0.00%−7,434−43.9%Reduced
American International Group, Inc.9,086$165.2K0.00%+323+3.7%Added
SG Americas Securities, LLC7,810$142.0K0.00%+7,810New
Horrell Capital Management, Inc.4,440$81.0K0.03%00.0%Unchanged
Royal Bank of Canada4,208$77.0K0.00%+1,214+40.5%Added
California State Teachers Retirement System4,017$73.0K0.00%−2,039−33.7%Reduced
Advisor Group Holdings, Inc.3,637$66.1K0.00%−21−0.6%Reduced
GWM Advisors LLC2,000$36.4K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,781$32.4K0.00%+460+34.8%Added
Amalgamated Bank1,762$32.0K0.00%+202+12.9%Added
Legal & General Group Plc1,661$30.2K0.00%00.0%Unchanged
FMR LLC1,368$24.9K0.00%−140−9.3%Reduced
Metropolitan Life Insurance Co1,232$22.4K0.00%+385+45.5%Added
The PNC Financial Services Group, Inc.1,017$18.5K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)868$15.8K0.00%+132+17.9%Added
Proequities, Inc.823$15.1K0.00%00.0%Unchanged
Cherry Tree Wealth Management, LLC730$13.3K0.00%00.0%Unchanged
Comerica Bank529$9.62K0.00%+529New
Hanson & Doremus Investment Management300$5.00K0.00%00.0%Unchanged
Russell Investments Group, Ltd.247$4.49K0.00%00.0%Unchanged
Citigroup Inc198$3.60K0.00%−5,299−96.4%Reduced
CWM, LLC66$1.00K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC10$1820.00%00.0%Unchanged
Capital Advisors, Ltd. LLC24$00.00%00.0%Unchanged
Covestor Ltd0$00.00%−75−100.0%Sold out
Millennium Management LLC0$00.00%−16,271−100.0%Sold out
ICA Group Wealth Management, LLC0$00.00%−4,100−100.0%Sold out