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 2025
Institutional positions in Alerus Financial Corp as of Dec 31, 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
- 142
- +8 vs. Q3 2025
- Shares held
- 15.4M
- +630.6K (+4.3%) vs. Q3 2025
- Total value
- $346.7M
- +$19.6M (+6.0%) vs. Q3 2025
- New holders
- 16
- 70 more added
- Sold out
- 8
- 31 more reduced
2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 161 | $503.9M |
| Q1 2026 | 149 | $375.3M |
| Q4 2025 | 142 | $346.7M |
| Q3 2025 | 136 | $327.5M |
| Q2 2025 | 126 | $302.6M |
| Q1 2025 | 113 | $250.6M |
| Q4 2024 | 111 | $256.1M |
| Q3 2024 | 102 | $227.6M |
| Q2 2024 | 94 | $186.7M |
| Q1 2024 | 88 | $204.9M |
| Q4 2023 | 79 | $203.7M |
| Q3 2023 | 71 | $159.1M |
| Q2 2023 | 68 | $158.4M |
| Q1 2023 | 68 | $136.0M |
| Q4 2022 | 78 | $199.4M |
| Q3 2022 | 78 | $184.6M |
| Q2 2022 | 68 | $166.2M |
| Q1 2022 | 74 | $197.1M |
| Q4 2021 | 70 | $201.1M |
| Q3 2021 | 58 | $190.2M |
| Q2 2021 | 60 | $184.9M |
| Q1 2021 | 61 | $191.3M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $23 | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 4 | $91 | 0.00% | −214−98.2% | Reduced |
| Sunbelt Securities, Inc. | 6 | $135 | 0.00% | −1−14.3% | Reduced |
| SJS Investment Consulting Inc. | 7 | $158 | 0.00% | +7 | New |
| MAI Capital Management | 13 | $293 | 0.00% | +13 | New |
| SBI Securities Co., Ltd. | 16 | $360 | 0.00% | +4+33.3% | Added |
| Parallel Advisors, LLC | 26 | $586 | 0.00% | +26 | New |
| Cornerstone Planning Group LLC | 31 | $738 | 0.00% | +31 | New |
| UBS Asset Management Americas Inc | 36 | $811 | 0.00% | +36 | New |
| Capital Advisors, Ltd. LLC | 24 | $1.00K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 50 | $1.00K | 0.00% | +5+11.1% | Added |
| True Wealth Design, LLC | 64 | $1.44K | 0.00% | +1+1.6% | Added |
| Bayban | 125 | $2.81K | 0.00% | +125 | New |
| Farther Finance Advisors, LLC | 128 | $2.88K | 0.00% | +64+100.0% | Added |
| SRS Capital Advisors, Inc. | 129 | $2.90K | 0.00% | −9,788−98.7% | Reduced |
| The PNC Financial Services Group, Inc. | 131 | $2.95K | 0.00% | +10+8.3% | Added |
| Quarry LP | 134 | $3.02K | 0.00% | +134 | New |
| Smartleaf Asset Management LLC | 136 | $3.04K | 0.00% | 00.0% | Unchanged |
| Torren Management, LLC | 150 | $3.38K | 0.00% | +150 | New |
| Rothschild Investment LLC | 152 | $3.42K | 0.00% | +39+34.5% | Added |
| Optiver Holding B.V. | 182 | $4.10K | 0.00% | 00.0% | Unchanged |
| Triumph Capital Management | 200 | $4.50K | 0.00% | +200 | New |
| GAMMA Investing LLC | 221 | $4.98K | 0.00% | −41−15.6% | Reduced |
| Nisa Investment Advisors, LLC | 264 | $6.00K | 0.00% | −195−42.5% | Reduced |
| IFP Advisors, Inc | 330 | $7.43K | 0.00% | +129+64.2% | Added |
| Allworth Financial LP | 503 | $11.3K | 0.00% | +97+23.9% | Added |
| State of Wyoming | 517 | $11.6K | 0.00% | +12+2.4% | Added |
| Jones Financial Companies LLLP | 600 | $13.5K | 0.00% | 00.0% | Unchanged |
| Royal Bank of Canada | 661 | $15.0K | 0.00% | −4,567−87.4% | Reduced |
| Basepoint Wealth LLC | 673 | $15.2K | 0.01% | +673 | New |
| Amalgamated Bank | 739 | $17.0K | 0.00% | −36−4.6% | Reduced |
| Tower Research Capital LLC (TRC) | 820 | $18.5K | 0.00% | +6+0.7% | Added |
| Cherry Tree Wealth Management, LLC | 830 | $18.7K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 894 | $20.1K | 0.00% | +140+18.6% | Added |
| State of Alaska, Department of Revenue | 1,025 | $23.0K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 1,355 | $30.5K | 0.00% | −267−16.5% | Reduced |
| California State Teachers Retirement System | 1,446 | $32.6K | 0.00% | +36+2.6% | Added |
| Thompson Investment Management, Inc. | 1,470 | $33.1K | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 1,500 | $33.8K | 0.00% | +500+50.0% | Added |
| GWM Advisors LLC | 1,563 | $35.2K | 0.00% | +115+7.9% | Added |
| Essential Partners LLC | 1,746 | $39.3K | 0.01% | −56−3.1% | Reduced |
| Advisor Group Holdings, Inc. | 1,897 | $42.7K | 0.00% | −667−26.0% | Reduced |
| Ameritas Investment Partners, Inc. | 1,964 | $44.2K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 2,068 | $46.6K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 2,180 | $49.1K | 0.00% | +50+2.3% | Added |
| Great West Life Assurance Co | 2,222 | $50.0K | 0.00% | +455+25.7% | Added |
| Russell Investments Group, Ltd. | 3,174 | $71.5K | 0.00% | −1,068−25.2% | Reduced |
| Horrell Capital Management, Inc. | 4,440 | $100.0K | 0.04% | 00.0% | Unchanged |
| Quest Partners LLC | 4,816 | $108.5K | 0.01% | +2,144+80.2% | Added |
| Police & Firemen's Retirement System of New Jersey | 6,759 | $152.2K | 0.00% | 00.0% | Unchanged |
| FMR LLC | 7,807 | $175.8K | 0.00% | +6,509+501.5% | Added |
| Numerai GP LLC | 9,195 | $207.1K | 0.02% | −54−0.6% | Reduced |
| Hanson & Doremus Investment Management | 9,844 | $222.0K | 0.03% | 00.0% | Unchanged |
| Harbor Advisors LLC | 9,867 | $222.2K | 0.03% | 00.0% | Unchanged |
| Citigroup Inc | 10,607 | $238.9K | 0.00% | +10,246+2,838.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 10,905 | $245.6K | 0.00% | −15−0.1% | Reduced |
| Panagora Asset Management Inc | 12,353 | $278.2K | 0.00% | +12,353 | New |
| MetLife Investment Management | 13,109 | $295.2K | 0.00% | 00.0% | Unchanged |
| Aviance Capital Partners, LLC | 13,111 | $295.3K | 0.03% | 00.0% | Unchanged |
| Wealth Enhancement Advisory Services, LLC | 12,696 | $296.7K | 0.00% | +608+5.0% | Added |
| Price T Rowe Associates Inc | 13,594 | $307.0K | 0.00% | +1,318+10.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 14,730 | $331.7K | 0.00% | +2,868+24.2% | Added |
| State of Wisconsin Investment Board | 15,077 | $339.5K | 0.00% | +15,077 | New |
| Mercer Global Advisors Inc | 15,363 | $346.0K | 0.00% | +4,002+35.2% | Added |
| Bridgeway Capital Management, LLC | 15,940 | $359.0K | 0.01% | +6,190+63.5% | Added |
| Deutsche Bank AG | 16,649 | $374.9K | 0.00% | 00.0% | Unchanged |
| First PREMIER Bank | 17,036 | $384.0K | 0.09% | 00.0% | Unchanged |
| UBS Group AG | 17,092 | $384.9K | 0.00% | −7,097−29.3% | Reduced |
| Canada Pension Plan Investment Board | 18,800 | $423.4K | 0.00% | +18,800 | New |
| Trexquant Investment LP | 20,745 | $467.2K | 0.00% | +20,745 | New |
| CWM Advisors, LLC | 20,878 | $470.2K | 0.04% | +255+1.2% | Added |
| XTX Topco Ltd | 21,855 | $492.2K | 0.01% | −2,144−8.9% | Reduced |
| Lafayette Investments, Inc. | 21,900 | $493.2K | 0.09% | +1,800+9.0% | Added |
| BNP Paribas Arbitrage, SA | 21,900 | $493.2K | 0.00% | +9,289+73.7% | Added |
| Citadel Advisors LLC | 22,388 | $504.2K | 0.00% | +22,388 | New |
| Squarepoint Ops LLC | 23,255 | $523.7K | 0.00% | −56,568−70.9% | Reduced |
| Black Maple Capital Management LP | 24,576 | $553.5K | 0.41% | +13,624+124.4% | Added |
| Wells Fargo & Company | 26,857 | $604.8K | 0.00% | +7,834+41.2% | Added |
| Creative Planning | 27,493 | $619.1K | 0.00% | +5,560+25.3% | Added |
| Johnson Wealth Management, LLC | 28,186 | $634.8K | 0.32% | 00.0% | Unchanged |
| Invesco Ltd. | 29,666 | $668.1K | 0.00% | −2,425−7.6% | Reduced |
| Rhumbline Advisers | 29,953 | $674.5K | 0.00% | −3,059−9.3% | Reduced |
| Jane Street Group, LLC | 30,882 | $695.5K | 0.00% | +9,010+41.2% | Added |
| Two Sigma Advisers, LP | 31,000 | $698.1K | 0.00% | −9,100−22.7% | Reduced |
| Mariner, LLC | 32,715 | $736.5K | 0.00% | +2,923+9.8% | Added |
| Ieq Capital, LLC | 33,585 | $756.3K | 0.00% | +1,541+4.8% | Added |
| Cetera Investment Advisers | 34,690 | $781.2K | 0.00% | +13,332+62.4% | Added |
| Nuveen, LLC | 39,202 | $882.8K | 0.00% | −85,604−68.6% | Reduced |
| Millennium Management LLC | 39,249 | $883.9K | 0.00% | +338+0.9% | Added |
| HSBC Holdings PLC | 46,666 | $1.04M | 0.00% | +14,026+43.0% | Added |
| Federated Hermes, Inc. | 46,984 | $1.06M | 0.00% | +319+0.7% | Added |
| Bank of America Corp | 48,918 | $1.10M | 0.00% | +8,896+22.2% | Added |
| Pinnacle Holdings, LLC | 48,999 | $1.10M | 0.37% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 49,079 | $1.10M | 0.10% | +4,997+11.3% | Added |
| Wealth Forward, LLC | 50,279 | $1.13M | 0.64% | 00.0% | Unchanged |
| Barclays PLC | 51,283 | $1.15M | 0.00% | +3,793+8.0% | Added |
| New York State Common Retirement Fund | 52,214 | $1.18M | 0.00% | +23,233+80.2% | Added |
| Quantinno Capital Management LP | 57,498 | $1.29M | 0.00% | +18,104+46.0% | Added |
| Basswood Capital Management, L.L.C. | 60,240 | $1.36M | 0.06% | 00.0% | Unchanged |
| Man Group plc | 64,111 | $1.44M | 0.00% | +13,070+25.6% | Added |