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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, Q4 2023

Institutional positions in Alerus Financial Corp as of Dec 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
79
+8 vs. Q3 2023
Shares held
9.09M
+345.3K (+3.9%) vs. Q3 2023
Total value
$203.7M
+$44.6M (+28.0%) vs. Q3 2023
New holders
10
29 more added
Sold out
2
22 more reduced

Compare with Q3 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 holdersQ4 2023: 79 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 heldQ4 2023: $203.7M
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, Q4 2023

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q3 2023.

Institutions holding ALRS in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,260,965$50.6M4.13%+12,026+0.5%Added
BlackRock Inc.1,469,566$32.9M0.00%+107,460+7.9%Added
Vanguard Group Inc898,169$20.1M0.00%+36,968+4.3%Added
Banc Funds Co LLC583,022$13.1M1.29%00.0%Unchanged
Geode Capital Management, LLC378,147$8.47M0.00%+7,495+2.0%Added
State Street Corp331,563$7.49M0.00%+3,961+1.2%Added
Ameriprise Financial Inc330,208$7.39M0.00%+3,921+1.2%Added
Brown Advisory Inc258,130$5.78M0.01%−26,517−9.3%Reduced
Dimensional Fund Advisors LP254,175$5.69M0.00%+57,279+29.1%Added
Endeavour Capital Advisors Inc215,534$4.83M1.62%+18,961+9.6%Added
Northern Trust Corp183,396$4.11M0.00%+9,082+5.2%Added
Cutler Capital Management, LLC157,480$3.53M1.46%+829+0.5%Added
Charles Schwab Investment Management Inc138,208$3.09M0.00%−3,442−2.4%Reduced
American Century Companies Inc137,463$3.08M0.00%+2,581+1.9%Added
Ategra Capital Management, LLC134,417$3.01M1.35%−5,409−3.9%Reduced
Mairs & Power Inc124,294$2.78M0.03%−17,025−12.0%Reduced
Bank of New York Mellon Corp123,057$2.76M0.00%+25,195+25.7%Added
Bridgeway Capital Management, LLC109,080$2.44M0.05%+7,246+7.1%Added
Morgan Stanley90,892$2.04M0.00%+37,285+69.6%Added
Boothbay Fund Management, LLC75,000$1.68M0.06%+75,000New
Basswood Capital Management, L.L.C.60,240$1.35M0.09%00.0%Unchanged
Sippican Capital Advisors60,205$1.35M1.06%+29,115+93.6%Added
Wealth Forward, LLC55,479$1.24M1.05%+55,479New
Goldman Sachs Group Inc51,498$1.15M0.00%−109,360−68.0%Reduced
Nuveen Asset Management, LLC45,217$1.01M0.00%+9,329+26.0%Added
Barclays PLC39,695$888.8K0.00%+19,901+100.5%Added
Bank of America Corp29,545$661.5K0.00%+5,788+24.4%Added
Cetera Investment Advisers29,212$654.1K0.01%−4,761−14.0%Reduced
Empowered Funds, LLC28,880$646.6K0.02%+7,246+33.5%Added
Two Sigma Advisers, LP28,800$644.8K0.00%−1,400−4.6%Reduced
State of Wisconsin Investment Board27,700$620.2K0.00%−1,900−6.4%Reduced
Rhumbline Advisers25,284$566.1K0.00%−102−0.4%Reduced
JPMorgan Chase & Co24,747$554.1K0.00%+12,349+99.6%Added
Verus Capital Partners, LLC23,700$530.6K0.06%00.0%Unchanged
Two Sigma Investments, LP22,371$500.9K0.00%−2,462−9.9%Reduced
HSBC Holdings PLC22,283$493.8K0.00%−906−3.9%Reduced
UBS Group AG20,939$468.8K0.00%+9,525+83.5%Added
Mariner, LLC20,162$451.4K0.00%−15,947−44.2%Reduced
Lafayette Investments, Inc.20,100$450.0K0.11%00.0%Unchanged
First PREMIER Bank17,036$384.0K0.11%00.0%Unchanged
Riverwater Partners LLC17,149$376.6K0.30%+386+2.3%Added
Renaissance Technologies LLC13,800$309.0K0.00%+2,100+17.9%Added
Invesco Ltd.13,432$300.7K0.00%+13,432New
US Bancorp12,630$282.8K0.00%00.0%Unchanged
Citadel Advisors LLC12,405$277.7K0.00%+12,405New
Deutsche Bank AG11,288$252.7K0.00%−475−4.0%Reduced
Harbor Advisors LLC9,867$220.9K0.04%+9,867New
Cresset Asset Management, LLC9,706$219.2K0.00%−392−3.9%Reduced
SG Americas Securities, LLC9,784$219.0K0.00%+1,974+25.3%Added
MetLife Investment Management9,726$217.8K0.00%00.0%Unchanged
Royal Bank of Canada9,285$209.0K0.00%+5,077+120.7%Added
New York State Common Retirement Fund9,159$205.1K0.00%−390−4.1%Reduced
American International Group, Inc.8,909$199.5K0.00%−177−1.9%Reduced
Wells Fargo & Company8,518$190.7K0.00%−980−10.3%Reduced
Horrell Capital Management, Inc.4,440$99.0K0.03%00.0%Unchanged
ICA Group Wealth Management, LLC3,600$80.6K0.02%+3,600New
California State Teachers Retirement System2,950$66.1K0.00%−1,067−26.6%Reduced
Citigroup Inc2,885$64.6K0.00%+2,687+1,357.1%Added
Advisor Group Holdings, Inc.2,314$51.8K0.00%−1,323−36.4%Reduced
GWM Advisors LLC2,000$44.8K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,781$39.9K0.00%00.0%Unchanged
Amalgamated Bank1,607$36.0K0.00%−155−8.8%Reduced
Legal & General Group Plc1,526$34.2K0.00%−135−8.1%Reduced
FMR LLC1,418$31.8K0.00%+50+3.7%Added
Metropolitan Life Insurance Co1,232$27.6K0.00%00.0%Unchanged
Great West Life Assurance Co1,163$26.0K0.00%+1,163New
Tower Research Capital LLC (TRC)1,129$25.3K0.00%+261+30.1%Added
The PNC Financial Services Group, Inc.1,010$22.6K0.00%−7−0.7%Reduced
Cherry Tree Wealth Management, LLC830$18.6K0.00%+100+13.7%Added
Proequities, Inc.823$18.6K0.00%00.0%Unchanged
Acadian Asset Management LLC619$13.0K0.00%+619New
Qube Research & Technologies Ltd539$12.1K0.00%+539New
Comerica Bank529$11.8K0.00%00.0%Unchanged
Hanson & Doremus Investment Management300$7.00K0.00%00.0%Unchanged
Russell Investments Group, Ltd.247$5.53K0.00%00.0%Unchanged
Private Wealth Management Group, LLC47$1.05K0.00%+47New
CWM, LLC66$1.00K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC24$1.00K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC10$2240.00%00.0%Unchanged
Stifel Financial Corp0$00.00%−52,000−100.0%Sold out
Alliancebernstein L.P.0$00.00%−16,651−100.0%Sold out