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 |
|---|---|---|---|---|---|
| Gator Capital Management, LLC | 65,410 | $1.47M | 0.30% | +505+0.8% | Added |
| FJ Capital Management LLC | 67,134 | $1.51M | 0.17% | +67,134 | New |
| Fortress Financial Group, LLC | 67,339 | $1.52M | 1.12% | +43+0.1% | Added |
| CWM, LLC | 73,596 | $1.66M | 0.00% | +1,589+2.2% | Added |
| JPMorgan Chase & Co | 75,773 | $1.71M | 0.00% | +2,754+3.8% | Added |
| Mairs & Power Inc | 79,436 | $1.79M | 0.02% | −7,387−8.5% | Reduced |
| First Trust Advisors LP | 80,705 | $1.82M | 0.00% | +2,020+2.6% | Added |
| Martingale Asset Management L P | 80,750 | $1.82M | 0.05% | +4,001+5.2% | Added |
| Gamco Investors, Inc. Et Al | 85,093 | $1.92M | 0.02% | −10,324−10.8% | Reduced |
| Marshall Wace, LLP | 87,178 | $1.96M | 0.00% | +28,480+48.5% | Added |
| Acadian Asset Management LLC | 90,806 | $2.04M | 0.00% | +110+0.1% | Added |
| Los Angeles Capital Management LLC | 103,334 | $2.19M | 0.01% | +7,898+8.3% | Added |
| Sippican Capital Advisors | 113,841 | $2.56M | 1.65% | +1,975+1.8% | Added |
| Two Sigma Investments, LP | 117,914 | $2.66M | 0.00% | +23,583+25.0% | Added |
| Renaissance Technologies LLC | 119,012 | $2.68M | 0.00% | +29,933+33.6% | Added |
| Bank of New York Mellon Corp | 119,042 | $2.68M | 0.00% | +7,400+6.6% | Added |
| Gabelli Funds LLC | 137,821 | $3.10M | 0.02% | 00.0% | Unchanged |
| Cutler Capital Management, LLC | 138,000 | $3.11M | 0.93% | −10,000−6.8% | Reduced |
| Qube Research & Technologies Ltd | 140,579 | $3.17M | 0.00% | +30,411+27.6% | Added |
| Northern Trust Corp | 181,935 | $4.10M | 0.00% | −17,499−8.8% | Reduced |
| American Century Companies Inc | 182,533 | $4.11M | 0.00% | +57,035+45.4% | Added |
| CSM Advisors, LLC | 201,940 | $4.55M | 0.12% | +17,460+9.5% | Added |
| Charles Schwab Investment Management Inc | 207,200 | $4.67M | 0.00% | −4,169−2.0% | Reduced |
| Banc Funds Co LLC | 214,967 | $4.84M | 0.96% | −67,486−23.9% | Reduced |
| Gendell Jeffrey L | 233,700 | $5.26M | 0.09% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 243,581 | $5.49M | 0.00% | −30,500−11.1% | Reduced |
| Wellington Management Group LLP | 245,497 | $5.53M | 0.00% | +19,490+8.6% | Added |
| Grace & White Inc | 256,233 | $5.77M | 1.03% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 294,571 | $6.56M | 0.08% | −970.0% | Reduced |
| Goldman Sachs Group Inc | 298,060 | $6.71M | 0.00% | +80,599+37.1% | Added |
| Morgan Stanley | 304,602 | $6.86M | 0.00% | −3,654−1.2% | Reduced |
| AQR Capital Management LLC | 323,080 | $7.28M | 0.00% | −17,162−5.0% | Reduced |
| Phocas Financial Corp. | 334,357 | $7.53M | 0.98% | +168,987+102.2% | Added |
| Ameriprise Financial Inc | 379,540 | $8.55M | 0.00% | +3,695+1.0% | Added |
| M3F, Inc. | 411,163 | $9.26M | 2.54% | +148,760+56.7% | Added |
| State Street Corp | 476,030 | $10.8M | 0.00% | +4,284+0.9% | Added |
| Endeavour Capital Advisors Inc | 516,532 | $11.6M | 3.24% | +2,597+0.5% | Added |
| Geode Capital Management, LLC | 603,392 | $13.6M | 0.00% | +23,403+4.0% | Added |
| Dimensional Fund Advisors LP | 830,052 | $18.7M | 0.00% | +33,359+4.2% | Added |
| Vanguard Group Inc | 1,289,690 | $29.0M | 0.00% | +20,437+1.6% | Added |
| BlackRock, Inc. | 1,801,441 | $40.6M | 0.00% | +11,749+0.7% | Added |
| Alerus Financial NA | 2,289,199 | $51.6M | 2.52% | −26,237−1.1% | Reduced |
| CenterBook Partners LP | 0 | $0 | 0.00% | −33,443−100.0% | Sold out |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −14,027−100.0% | Sold out |
| Intech Investment Management LLC | 0 | $0 | 0.00% | −9,811−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −9,605−100.0% | Sold out |
| CIBC Private Wealth Group, LLC | 0 | $0 | 0.00% | −2,358−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −330−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −225−100.0% | Sold out |
| Versant Capital Management, Inc | 0 | $0 | 0.00% | −108−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 Asia (Singapore) Pte. Ltd. | – | – | – | – | Not filed |