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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 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.

Institutional holdersQ4 2025: 142 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 2025: $346.7M
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, Q4 2025

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q3 2025.

Institutions holding ALRS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Advisor Group Holdings, Inc.1,897$42.7K0.00%−667−26.0%Reduced
Essential Partners LLC1,746$39.3K0.01%−56−3.1%Reduced
GWM Advisors LLC1,563$35.2K0.00%+115+7.9%Added
Larson Financial Group LLC1,500$33.8K0.00%+500+50.0%Added
Thompson Investment Management, Inc.1,470$33.1K0.00%00.0%Unchanged
California State Teachers Retirement System1,446$32.6K0.00%+36+2.6%Added
Sterling Capital Management LLC1,355$30.5K0.00%−267−16.5%Reduced
State of Alaska, Department of Revenue1,025$23.0K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC894$20.1K0.00%+140+18.6%Added
Cherry Tree Wealth Management, LLC830$18.7K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)820$18.5K0.00%+6+0.7%Added
Amalgamated Bank739$17.0K0.00%−36−4.6%Reduced
Basepoint Wealth LLC673$15.2K0.01%+673New
Royal Bank of Canada661$15.0K0.00%−4,567−87.4%Reduced
Jones Financial Companies LLLP600$13.5K0.00%00.0%Unchanged
State of Wyoming517$11.6K0.00%+12+2.4%Added
Allworth Financial LP503$11.3K0.00%+97+23.9%Added
IFP Advisors, Inc330$7.43K0.00%+129+64.2%Added
Nisa Investment Advisors, LLC264$6.00K0.00%−195−42.5%Reduced
GAMMA Investing LLC221$4.98K0.00%−41−15.6%Reduced
Triumph Capital Management200$4.50K0.00%+200New
Optiver Holding B.V.182$4.10K0.00%00.0%Unchanged
Rothschild Investment LLC152$3.42K0.00%+39+34.5%Added
Torren Management, LLC150$3.38K0.00%+150New
Smartleaf Asset Management LLC136$3.04K0.00%00.0%Unchanged
Quarry LP134$3.02K0.00%+134New
The PNC Financial Services Group, Inc.131$2.95K0.00%+10+8.3%Added
SRS Capital Advisors, Inc.129$2.90K0.00%−9,788−98.7%Reduced
Farther Finance Advisors, LLC128$2.88K0.00%+64+100.0%Added
Bayban125$2.81K0.00%+125New
True Wealth Design, LLC64$1.44K0.00%+1+1.6%Added
Capital Advisors, Ltd. LLC24$1.00K0.00%00.0%Unchanged
Covestor Ltd50$1.00K0.00%+5+11.1%Added
UBS Asset Management Americas Inc36$8110.00%+36New
Cornerstone Planning Group LLC31$7380.00%+31New
Parallel Advisors, LLC26$5860.00%+26New
SBI Securities Co., Ltd.16$3600.00%+4+33.3%Added
MAI Capital Management13$2930.00%+13New
SJS Investment Consulting Inc.7$1580.00%+7New
Sunbelt Securities, Inc.6$1350.00%−1−14.3%Reduced
Clearstead Advisors, LLC4$910.00%−214−98.2%Reduced
Huntington National Bank1$230.00%00.0%Unchanged
CenterBook Partners LP0$00.00%−33,443−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−14,027−100.0%Sold out
Intech Investment Management LLC0$00.00%−9,811−100.0%Sold out
Semanteon Capital Management, LP0$00.00%−9,605−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−2,358−100.0%Sold out
Hillsdale Investment Management Inc.0$00.00%−330−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−225−100.0%Sold out
Versant Capital Management, Inc0$00.00%−108−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed
Point72 Asia (Singapore) Pte. Ltd.––––Not filed