Skip to main content

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 2025

Institutional positions in Alerus Financial Corp as of Sep 30, 2025. 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
136
+10 vs. Q2 2025
Shares held
14.8M
+810.6K (+5.8%) vs. Q2 2025
Total value
$327.5M
+$24.9M (+8.2%) vs. Q2 2025
New holders
19
60 more added
Sold out
9
34 more reduced

Compare with Q2 2025: 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 2025: 136 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 2025: $327.5M
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 2025

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q2 2025.

Institutions holding ALRS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Squarepoint Ops LLC79,823$1.77M0.00%+62,246+354.1%Added
Mairs & Power Inc86,823$1.92M0.02%−11,044−11.3%Reduced
Renaissance Technologies LLC89,079$1.97M0.00%−40,896−31.5%Reduced
Acadian Asset Management LLC90,696$2.01M0.00%+17,463+23.8%Added
Two Sigma Investments, LP94,331$2.09M0.00%+33,764+55.7%Added
Gamco Investors, Inc. Et Al95,417$2.11M0.02%−12,743−11.8%Reduced
Los Angeles Capital Management LLC95,436$2.11M0.01%−2,313−2.4%Reduced
Qube Research & Technologies Ltd110,168$2.44M0.00%+64,425+140.8%Added
Bank of New York Mellon Corp111,642$2.47M0.00%+2,889+2.7%Added
Sippican Capital Advisors111,866$2.48M1.64%+1,228+1.1%Added
Nuveen, LLC124,806$2.76M0.00%+26,970+27.6%Added
American Century Companies Inc125,498$2.78M0.00%−1,066−0.8%Reduced
Gabelli Funds LLC137,821$3.05M0.02%00.0%Unchanged
Cutler Capital Management, LLC148,000$3.28M1.05%−8,000−5.1%Reduced
Phocas Financial Corp.165,370$3.66M0.47%+165,370New
CSM Advisors, LLC184,480$4.08M0.11%−5,990−3.1%Reduced
Northern Trust Corp199,434$4.42M0.00%+13,934+7.5%Added
Charles Schwab Investment Management Inc211,369$4.68M0.00%+15,234+7.8%Added
Goldman Sachs Group Inc217,461$4.81M0.00%+94,368+76.7%Added
Wellington Management Group LLP226,007$5.00M0.00%−119,130−34.5%Reduced
Gendell Jeffrey L233,700$5.17M0.10%00.0%Unchanged
Grace & White Inc256,233$5.67M1.00%00.0%Unchanged
M3F, Inc.262,403$5.81M1.65%+45,695+21.1%Added
Alliancebernstein L.P.274,081$6.07M0.00%−8,000−2.8%Reduced
Banc Funds Co LLC282,453$6.25M1.09%−116,085−29.1%Reduced
RSM US Wealth Management LLC294,668$6.53M0.09%+1260.0%Added
Morgan Stanley308,256$6.82M0.00%+50,498+19.6%Added
AQR Capital Management LLC340,242$7.53M0.00%+103,522+43.7%Added
Ameriprise Financial Inc375,845$8.32M0.00%−1,900−0.5%Reduced
State Street Corp471,746$10.5M0.00%−2,862−0.6%Reduced
Endeavour Capital Advisors Inc513,935$11.4M3.44%00.0%Unchanged
Geode Capital Management, LLC579,989$12.8M0.00%+18,653+3.3%Added
Dimensional Fund Advisors LP796,693$17.6M0.00%+39,652+5.2%Added
Vanguard Group Inc1,269,253$28.1M0.00%+16,779+1.3%Added
BlackRock, Inc.1,789,692$39.6M0.00%+3,184+0.2%Added
Alerus Financial NA2,315,436$51.3M2.61%+139,652+6.4%Added
Citadel Advisors LLC0$00.00%−116,243−100.0%Sold out
LPL Financial LLC0$00.00%−33,152−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−29,114−100.0%Sold out
Petrus Trust Company, LTA0$00.00%−19,191−100.0%Sold out
Verition Fund Management LLC0$00.00%−14,185−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−10,303−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−1,956−100.0%Sold out
Raymond James Financial Inc0$00.00%−1,000−100.0%Sold out
Point72 (DIFC) Ltd0$00.00%−412−100.0%Sold out