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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 2024

Institutional positions in Alerus Financial Corp as of Jun 30, 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
94
+6 vs. Q1 2024
Shares held
9.52M
+133.8K (+1.4%) vs. Q1 2024
Total value
$186.7M
−$18.2M (−8.9%) vs. Q1 2024
New holders
18
38 more added
Sold out
12
21 more reduced

Compare with Q1 2024: 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 2024: 94 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 2024: $186.7M
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, Q2 2024

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q1 2024.

Institutions holding ALRS in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,134,233$41.9M3.13%−123,250−5.5%Reduced
BlackRock Inc.1,678,767$32.9M0.00%+249,438+17.5%Added
Vanguard Group Inc928,066$18.2M0.00%+16,260+1.8%Added
Banc Funds Co LLC543,586$10.7M1.26%00.0%Unchanged
Geode Capital Management, LLC400,106$7.85M0.00%+13,187+3.4%Added
Ameriprise Financial Inc357,157$7.00M0.00%+6,930+2.0%Added
State Street Corp348,152$6.90M0.00%+766+0.2%Added
Endeavour Capital Advisors Inc288,876$5.66M1.97%+73,342+34.0%Added
Dimensional Fund Advisors LP274,615$5.38M0.00%+7,300+2.7%Added
Northern Trust Corp171,880$3.37M0.00%−5,723−3.2%Reduced
American Century Companies Inc164,895$3.23M0.00%−23,791−12.6%Reduced
Cutler Capital Management, LLC158,972$3.12M1.22%+771+0.5%Added
Charles Schwab Investment Management Inc144,096$2.83M0.00%+2,542+1.8%Added
Bridgeway Capital Management, LLC124,859$2.45M0.06%+3,060+2.5%Added
Bank of New York Mellon Corp123,512$2.42M0.00%+5,323+4.5%Added
Citadel Advisors LLC98,354$1.93M0.00%+98,354New
Mairs & Power Inc97,964$1.92M0.02%−26,330−21.2%Reduced
Zacks Investment Management95,810$1.88M0.02%+13,068+15.8%Added
Keeley-Teton Advisors, LLC89,821$1.76M0.23%+89,821New
Goldman Sachs Group Inc78,991$1.55M0.00%+40,693+106.3%Added
Sippican Capital Advisors76,860$1.51M1.19%+9,470+14.1%Added
Los Angeles Capital Management LLC69,964$1.37M0.00%−8,405−10.7%Reduced
Two Sigma Investments, LP62,813$1.23M0.00%+62,813New
Basswood Capital Management, L.L.C.60,240$1.18M0.08%00.0%Unchanged
Morgan Stanley58,700$1.15M0.00%−505−0.9%Reduced
CWM, LLC58,293$1.14M0.01%+58,225+85,625.0%Added
Wealth Forward, LLC55,479$1.09M0.85%00.0%Unchanged
Two Sigma Advisers, LP48,000$941.3K0.00%+28,700+148.7%Added
Invesco Ltd.46,865$919.0K0.00%−14,940−24.2%Reduced
Squarepoint Ops LLC46,839$918.5K0.00%+30,750+191.1%Added
Nuveen Asset Management, LLC45,217$886.8K0.00%00.0%Unchanged
Empowered Funds, LLC44,659$875.8K0.02%+3,060+7.4%Added
Millennium Management LLC41,318$810.2K0.00%+41,318New
HSBC Holdings PLC38,564$727.3K0.00%+14,273+58.8%Added
Qube Research & Technologies Ltd35,551$697.2K0.00%+32,299+993.2%Added
Cetera Investment Advisers29,459$577.7K0.00%00.0%Unchanged
Barclays PLC27,963$548.4K0.00%+595+2.2%Added
State of Wisconsin Investment Board26,699$523.6K0.00%+2,399+9.9%Added
Rhumbline Advisers26,270$515.1K0.00%+110+0.4%Added
Bank of America Corp24,798$486.3K0.00%+7,011+39.4%Added
Verus Capital Partners, LLC23,700$464.8K0.05%00.0%Unchanged
Mariner, LLC20,767$407.2K0.00%+508+2.5%Added
Petrus Trust Company, LTA20,556$403.1K0.04%+20,556New
Jane Street Group, LLC20,318$398.4K0.00%+20,318New
Lafayette Investments, Inc.20,100$394.2K0.09%00.0%Unchanged
First PREMIER Bank17,036$334.0K0.09%00.0%Unchanged
Riverwater Partners LLC15,229$287.1K0.21%−1,664−9.9%Reduced
Bailard, Inc.13,500$264.7K0.01%+13,500New
Alliancebernstein L.P.11,520$225.9K0.00%+11,520New
MetLife Investment Management10,655$208.9K0.00%+929+9.6%Added
EntryPoint Capital, LLC9,937$194.9K0.09%+9,937New
Wells Fargo & Company9,836$192.9K0.00%+1,504+18.1%Added
Mirae Asset Global ETFs Holdings Ltd.9,762$191.4K0.00%+9,762New
Corebridge Financial, Inc.9,595$188.2K0.00%+9,595New
New York State Common Retirement Fund9,151$179.5K0.00%+10.0%Added
Deutsche Bank AG8,056$158.0K0.00%+1,299+19.2%Added
JPMorgan Chase & Co7,878$154.5K0.00%−28,990−78.6%Reduced
UBS Group AG6,687$131.1K0.00%−12,371−64.9%Reduced
Acadian Asset Management LLC5,829$113.0K0.00%−20,465−77.8%Reduced
Royal Bank of Canada5,678$111.0K0.00%+1,277+29.0%Added
Citigroup Inc4,625$90.7K0.00%+799+20.9%Added
Horrell Capital Management, Inc.4,440$87.0K0.03%00.0%Unchanged
Aquatic Capital Management LLC3,000$58.8K0.00%+3,000New
Tower Research Capital LLC (TRC)2,916$57.2K0.00%+2,788+2,178.1%Added
Advisor Group Holdings, Inc.2,313$45.4K0.00%+96+4.3%Added
US Bancorp2,240$43.9K0.00%−128−5.4%Reduced
Hanson & Doremus Investment Management2,000$39.0K0.01%+1,700+566.7%Added
Ameritas Investment Partners, Inc.1,781$34.9K0.00%00.0%Unchanged
Legal & General Group Plc1,526$29.9K0.00%00.0%Unchanged
Federated Hermes, Inc.1,519$29.8K0.00%+1,203+380.7%Added
FMR LLC1,472$28.9K0.00%−4−0.3%Reduced
California State Teachers Retirement System1,292$25.3K0.00%−510−28.3%Reduced
Great West Life Assurance Co1,078$21.0K0.00%−17−1.6%Reduced
The PNC Financial Services Group, Inc.1,010$19.8K0.00%00.0%Unchanged
Proequities, Inc.823$16.3K0.00%00.0%Unchanged
Cherry Tree Wealth Management, LLC830$16.3K0.00%00.0%Unchanged
Amalgamated Bank629$12.0K0.00%+110+21.2%Added
Russell Investments Group, Ltd.516$10.1K0.00%+269+108.9%Added
GWM Advisors LLC400$7.84K0.00%−1,800−81.8%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC301$5.90K0.00%−8−2.6%Reduced
Cullen/Frost Bankers, Inc.274$5.37K0.00%+274New
Comerica Bank204$4.00K0.00%−325−61.4%Reduced
Continuum Advisory, LLC128$2.51K0.00%00.0%Unchanged
Huntington National Bank125$2.45K0.00%−15−10.7%Reduced
Smartleaf Asset Management LLC125$2.30K0.00%+125New
Allworth Financial LP85$1.82K0.00%+16+23.2%Added
Lindbrook Capital, LLC69$1.35K0.00%+69New
SRS Capital Advisors, Inc.64$1.26K0.00%+64New
Abich Financial Wealth Management LLC57$1.12K0.00%+57New
Private Wealth Management Group, LLC47$9220.00%00.0%Unchanged
Signaturefd, LLC25$4900.00%+25New
ClariVest Asset Management LLC23$4510.00%−38−62.3%Reduced
Nisa Investment Advisors, LLC0$20.00%−10−100.0%Reduced
Capital Advisors, Ltd. LLC24$00.00%00.0%Unchanged
Brown Advisory Inc0$00.00%−262,451−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−184,266−100.0%Sold out
PMC FIG Opportunities LLC0$00.00%−105,734−100.0%Sold out
Ategra Capital Management, LLC0$00.00%−23,702−100.0%Sold out
Renaissance Technologies LLC0$00.00%−11,000−100.0%Sold out
Harbor Advisors LLC0$00.00%−9,867−100.0%Sold out