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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 2024

Institutional positions in Alerus Financial Corp as of Dec 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
111
+10 vs. Q3 2024
Shares held
13.3M
+3.36M (+33.8%) vs. Q3 2024
Total value
$256.1M
+$28.5M (+12.5%) vs. Q3 2024
New holders
25
52 more added
Sold out
15
18 more reduced

1 institution that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2024: 111 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 2024: $256.1M
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, Q4 2024

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q3 2024.

Institutions holding ALRS in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Alerus Financial NA2,130,638$41.0M3.14%+5,915+0.3%Added
BlackRock, Inc.1,843,231$35.5M0.00%+156,113+9.3%Added
Vanguard Group Inc1,054,829$20.3M0.00%+106,116+11.2%Added
Dimensional Fund Advisors LP666,559$12.8M0.00%+363,617+120.0%Added
Endeavour Capital Advisors Inc527,283$10.1M3.23%+229,932+77.3%Added
Geode Capital Management, LLC524,195$10.1M0.00%+108,123+26.0%Added
Banc Funds Co LLC510,299$9.82M1.08%−33,287−6.1%Reduced
Gendell Jeffrey L404,471$7.78M0.24%+404,471New
State Street Corp391,985$7.62M0.00%+40,210+11.4%Added
Ameriprise Financial Inc367,173$7.06M0.00%+1,958+0.5%Added
rhino investment partners, Inc303,996$5.85M1.29%+303,996New
FJ Capital Management LLC288,813$5.56M0.64%+288,813New
Alliancebernstein L.P.287,931$5.54M0.00%+276,161+2,346.3%Added
Grace & White Inc256,233$4.93M0.92%+256,233New
Northern Trust Corp201,291$3.87M0.00%+30,821+18.1%Added
Foundry Partners, LLC197,570$3.80M0.19%+174,410+753.1%Added
Charles Schwab Investment Management Inc188,967$3.64M0.00%+39,687+26.6%Added
M3F, Inc.179,563$3.46M1.00%+179,563New
Keeley-Teton Advisors, LLC169,419$3.26M0.38%+79,598+88.6%Added
Cutler Capital Management, LLC158,972$3.06M1.06%00.0%Unchanged
American Century Companies Inc147,146$2.83M0.00%−1,553−1.0%Reduced
RSM US Wealth Management LLC134,770$2.62M0.04%+134,770New
Bridgeway Capital Management, LLC135,474$2.61M0.06%+33,537+32.9%Added
Goldman Sachs Group Inc120,257$2.31M0.00%+11,393+10.5%Added
Bank of New York Mellon Corp109,123$2.10M0.00%−459−0.4%Reduced
Renaissance Technologies LLC104,879$2.02M0.00%+104,879New
Citadel Advisors LLC101,911$1.96M0.00%+51,983+104.1%Added
Mairs & Power Inc97,674$1.88M0.02%−55−0.1%Reduced
Morgan Stanley95,161$1.83M0.00%+15,543+19.5%Added
Sippican Capital Advisors85,205$1.64M1.19%+4,680+5.8%Added
Fortress Financial Group, LLC85,119$1.64M1.63%+85,119New
JPMorgan Chase & Co82,194$1.58M0.00%+57,980+239.4%Added
Empowered Funds, LLC80,184$1.54M0.02%+33,247+70.8%Added
Two Sigma Investments, LP67,188$1.29M0.00%+17,360+34.8%Added
Basswood Capital Management, L.L.C.60,240$1.16M0.07%00.0%Unchanged
CWM, LLC59,171$1.14M0.00%+761+1.3%Added
Qube Research & Technologies Ltd57,206$1.10M0.00%+9,757+20.6%Added
Millennium Management LLC56,379$1.08M0.00%+16,905+42.8%Added
Los Angeles Capital Management LLC52,664$1.01M0.00%−10,100−16.1%Reduced
Acadian Asset Management LLC51,902$997.0K0.00%+49,579+2,134.3%Added
Wealth Forward, LLC50,279$967.4K0.68%00.0%Unchanged
Pinnacle Holdings, LLC48,999$942.7K0.36%+48,999New
Nuveen Asset Management, LLC48,150$926.4K0.00%+2,933+6.5%Added
Barclays PLC48,001$923.5K0.00%+3,602+8.1%Added
Federated Hermes, Inc.47,579$915.4K0.00%−29−0.1%Reduced
Two Sigma Advisers, LP41,500$798.5K0.00%−8,500−17.0%Reduced
Invesco Ltd.33,215$639.1K0.00%+717+2.2%Added
LPL Financial LLC32,418$623.7K0.00%−1,000−3.0%Reduced
Rhumbline Advisers31,143$599.2K0.00%+3,746+13.7%Added
Bank of America Corp30,504$586.9K0.00%+9,961+48.5%Added
HSBC Holdings PLC30,260$579.2K0.00%−7,849−20.6%Reduced
Jacobs Asset Management, LLC30,000$577.2K0.37%+30,000New
Deutsche Bank AG24,281$467.2K0.00%+11,156+85.0%Added
Mariner, LLC24,230$466.2K0.00%−24−0.1%Reduced
Cubist Systematic Strategies, LLC22,884$440.3K0.01%+22,884New
CWM Advisors, LLC20,947$403.0K0.05%+2,717+14.9%Added
Lafayette Investments, Inc.20,100$386.7K0.08%00.0%Unchanged
Citigroup Inc18,592$357.7K0.00%+4,877+35.6%Added
XTX Topco Ltd17,525$337.2K0.03%+17,525New
First PREMIER Bank17,036$328.0K0.08%00.0%Unchanged
Creative Planning15,594$300.0K0.00%+15,594New
Petrus Trust Company, LTA15,116$290.8K0.03%−5,305−26.0%Reduced
Wells Fargo & Company15,032$289.2K0.00%+4,844+47.5%Added
MetLife Investment Management13,275$255.4K0.00%+2,620+24.6%Added
UBS Group AG13,107$252.2K0.00%+3,460+35.9%Added
Mirae Asset Global ETFs Holdings Ltd.12,874$247.7K0.00%+3,099+31.7%Added
Susquehanna International Group, LLP12,408$238.7K0.00%−7,913−38.9%Reduced
Arrowstreet Capital, Limited Partnership12,181$234.4K0.00%+12,181New
Riverwater Partners LLC10,823$228.8K0.11%−4,005−27.0%Reduced
Black Maple Capital Management LP11,628$223.7K0.17%−1,913−14.1%Reduced
Corebridge Financial, Inc.11,164$214.8K0.00%+1,628+17.1%Added
Cetera Investment Advisers10,945$210.6K0.00%+10,945New
ExodusPoint Capital Management, LP10,623$204.0K0.00%+10,623New
SG Americas Securities, LLC8,812$170.0K0.00%+2,590+41.6%Added
Aquatic Capital Management LLC8,254$158.8K0.00%+8,254New
Royal Bank of Canada7,633$147.0K0.00%+2,054+36.8%Added
New York State Common Retirement Fund6,451$124.1K0.00%+1,900+41.7%Added
Police & Firemen's Retirement System of New Jersey5,234$100.7K0.00%+5,234New
Horrell Capital Management, Inc.4,440$85.0K0.02%00.0%Unchanged
BNP Paribas Arbitrage, SA2,899$55.8K0.00%+2,899New
Advisor Group Holdings, Inc.2,356$45.4K0.00%+14+0.6%Added
Ameritas Investment Partners, Inc.2,349$45.2K0.00%+568+31.9%Added
US Bancorp2,240$43.1K0.00%00.0%Unchanged
Legal & General Group Plc2,025$39.0K0.00%+499+32.7%Added
California State Teachers Retirement System1,677$32.3K0.00%+385+29.8%Added
FMR LLC1,492$28.7K0.00%+19+1.3%Added
Great West Life Assurance Co1,299$25.0K0.00%+64+5.2%Added
Tower Research Capital LLC (TRC)1,277$24.6K0.00%+1,048+457.6%Added
The PNC Financial Services Group, Inc.1,010$19.4K0.00%00.0%Unchanged
Cherry Tree Wealth Management, LLC830$16.0K0.00%00.0%Unchanged
Sterling Capital Management LLC681$13.1K0.00%+624+1,094.7%Added
Russell Investments Group, Ltd.652$12.5K0.00%−68−9.4%Reduced
Amalgamated Bank629$12.0K0.00%00.0%Unchanged
Proequities, Inc.534$10.8K0.00%−289−35.1%Reduced
GWM Advisors LLC407$7.84K0.00%+3+0.7%Added
Versant Capital Management, Inc374$7.20K0.00%+374New
Smartleaf Asset Management LLC295$5.61K0.00%00.0%Unchanged
Allworth Financial LP176$3.54K0.00%+47+36.4%Added
Lindbrook Capital, LLC69$1.33K0.00%00.0%Unchanged
GAMMA Investing LLC64$1.23K0.00%+30+88.2%Added