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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 2024

Institutional positions in Alerus Financial Corp as of Mar 31, 2024. 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
88
+9 vs. Q4 2023
Shares held
9.39M
+290.6K (+3.2%) vs. Q4 2023
Total value
$204.9M
+$1.25M (+0.6%) vs. Q4 2023
New holders
12
25 more added
Sold out
3
28 more reduced

Compare with Q4 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 holdersQ1 2024: 88 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 2024: $204.9M
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 2024

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q4 2023.

Institutions holding ALRS in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,257,483$49.3M3.72%−3,482−0.2%Reduced
BlackRock Inc.1,429,329$31.2M0.00%−40,237−2.7%Reduced
Vanguard Group Inc911,806$19.9M0.00%+13,637+1.5%Added
Banc Funds Co LLC543,586$11.9M1.34%−39,436−6.8%Reduced
Geode Capital Management, LLC386,919$8.45M0.00%+8,772+2.3%Added
State Street Corp347,386$7.65M0.00%+15,823+4.8%Added
Ameriprise Financial Inc350,227$7.65M0.00%+20,019+6.1%Added
Dimensional Fund Advisors LP267,315$5.84M0.00%+13,140+5.2%Added
Brown Advisory Inc262,451$5.73M0.01%+4,321+1.7%Added
Endeavour Capital Advisors Inc215,534$4.71M1.63%00.0%Unchanged
American Century Companies Inc188,686$4.12M0.00%+51,223+37.3%Added
Boothbay Fund Management, LLC184,266$4.02M0.12%+109,266+145.7%Added
Northern Trust Corp177,603$3.88M0.00%−5,793−3.2%Reduced
Cutler Capital Management, LLC158,201$3.45M1.36%+721+0.5%Added
Charles Schwab Investment Management Inc141,554$3.09M0.00%+3,346+2.4%Added
Mairs & Power Inc124,294$2.71M0.03%00.0%Unchanged
Bridgeway Capital Management, LLC121,799$2.66M0.05%+12,719+11.7%Added
Bank of New York Mellon Corp118,189$2.58M0.00%−4,868−4.0%Reduced
PMC FIG Opportunities LLC105,734$2.31M3.46%+105,734New
Zacks Investment Management82,742$1.81M0.02%+82,742New
Los Angeles Capital Management LLC78,369$1.71M0.01%+78,369New
Sippican Capital Advisors67,390$1.47M1.14%+7,185+11.9%Added
Invesco Ltd.61,805$1.35M0.00%+48,373+360.1%Added
Basswood Capital Management, L.L.C.60,240$1.32M0.08%00.0%Unchanged
Morgan Stanley59,205$1.29M0.00%−31,687−34.9%Reduced
Wealth Forward, LLC55,479$1.21M0.95%00.0%Unchanged
Nuveen Asset Management, LLC45,217$987.2K0.00%00.0%Unchanged
Empowered Funds, LLC41,599$908.1K0.02%+12,719+44.0%Added
Goldman Sachs Group Inc38,298$836.0K0.00%−13,200−25.6%Reduced
JPMorgan Chase & Co36,868$804.8K0.00%+12,121+49.0%Added
Cetera Investment Advisers29,459$643.1K0.00%+247+0.8%Added
Barclays PLC27,368$597.4K0.00%−12,327−31.1%Reduced
Acadian Asset Management LLC26,294$573.0K0.00%+25,675+4,147.8%Added
Rhumbline Advisers26,160$571.1K0.00%+876+3.5%Added
State of Wisconsin Investment Board24,300$530.5K0.00%−3,400−12.3%Reduced
HSBC Holdings PLC24,291$530.3K0.00%+2,008+9.0%Added
Ategra Capital Management, LLC23,702$517.4K0.24%−110,715−82.4%Reduced
Verus Capital Partners, LLC23,700$517.4K0.06%00.0%Unchanged
Mariner, LLC20,259$442.2K0.00%+97+0.5%Added
Lafayette Investments, Inc.20,100$438.8K0.10%00.0%Unchanged
Two Sigma Advisers, LP19,300$421.3K0.00%−9,500−33.0%Reduced
UBS Group AG19,058$416.0K0.00%−1,881−9.0%Reduced
Bank of America Corp17,787$388.3K0.00%−11,758−39.8%Reduced
First PREMIER Bank17,036$372.0K0.10%00.0%Unchanged
Riverwater Partners LLC16,893$357.9K0.26%−256−1.5%Reduced
Squarepoint Ops LLC16,089$351.2K0.00%+16,089New
Renaissance Technologies LLC11,000$240.0K0.00%−2,800−20.3%Reduced
Harbor Advisors LLC9,867$215.4K0.04%00.0%Unchanged
MetLife Investment Management9,726$212.3K0.00%00.0%Unchanged
New York State Common Retirement Fund9,150$199.7K0.00%−9−0.1%Reduced
American International Group, Inc.8,833$192.8K0.00%−76−0.9%Reduced
Wells Fargo & Company8,332$181.9K0.00%−186−2.2%Reduced
Deutsche Bank AG6,757$147.5K0.00%−4,531−40.1%Reduced
SG Americas Securities, LLC6,298$137.0K0.00%−3,486−35.6%Reduced
Horrell Capital Management, Inc.4,440$97.0K0.03%00.0%Unchanged
Royal Bank of Canada4,401$96.0K0.00%−4,884−52.6%Reduced
Citigroup Inc3,826$83.5K0.00%+941+32.6%Added
ICA Group Wealth Management, LLC3,600$78.6K0.02%00.0%Unchanged
STRS Ohio3,400$74.0K0.00%+3,400New
Qube Research & Technologies Ltd3,252$71.0K0.00%+2,713+503.3%Added
US Bancorp2,368$51.7K0.00%−10,262−81.3%Reduced
Advisor Group Holdings, Inc.2,217$48.4K0.00%−97−4.2%Reduced
GWM Advisors LLC2,200$48.0K0.00%+200+10.0%Added
California State Teachers Retirement System1,802$39.3K0.00%−1,148−38.9%Reduced
Ameritas Investment Partners, Inc.1,781$38.9K0.00%00.0%Unchanged
Legal & General Group Plc1,526$33.3K0.00%00.0%Unchanged
FMR LLC1,476$32.2K0.00%+58+4.1%Added
Great West Life Assurance Co1,095$24.0K0.00%−68−5.8%Reduced
The PNC Financial Services Group, Inc.1,010$22.0K0.00%00.0%Unchanged
Metropolitan Life Insurance Co929$20.3K0.00%−303−24.6%Reduced
Proequities, Inc.823$18.1K0.00%00.0%Unchanged
Cherry Tree Wealth Management, LLC830$18.1K0.00%00.0%Unchanged
Comerica Bank529$11.5K0.00%00.0%Unchanged
Amalgamated Bank519$11.0K0.00%−1,088−67.7%Reduced
Hanson & Doremus Investment Management300$7.00K0.00%00.0%Unchanged
Federated Hermes, Inc.316$6.90K0.00%+316New
Nelson, Van Denburg & Campbell Wealth Management Group, LLC309$6.75K0.00%+309New
Russell Investments Group, Ltd.247$5.39K0.00%00.0%Unchanged
Huntington National Bank140$3.06K0.00%+140New
Tower Research Capital LLC (TRC)128$2.79K0.00%−1,001−88.7%Reduced
Continuum Advisory, LLC128$2.62K0.00%+128New
Allworth Financial LP69$1.51K0.00%+69New
ClariVest Asset Management LLC61$1.33K0.00%+61New
Private Wealth Management Group, LLC47$1.03K0.00%00.0%Unchanged
CWM, LLC68$1.00K0.00%+2+3.0%Added
Capital Advisors, Ltd. LLC24$1.00K0.00%00.0%Unchanged
Cornerstone Planning Group LLC39$7790.00%+39New
Nisa Investment Advisors, LLC10$2200.00%00.0%Unchanged
Two Sigma Investments, LP0$00.00%−22,371−100.0%Sold out
Citadel Advisors LLC0$00.00%−12,405−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−9,706−100.0%Sold out