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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, Q1 2026

Institutional positions in Alerus Financial Corp as of Mar 31, 2026. 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
149
+8 vs. Q4 2025
Shares held
15.8M
+1.72M (+12.2%) vs. Q4 2025
Total value
$375.3M
+$57.6M (+18.1%) vs. Q4 2025
New holders
18
51 more added
Sold out
10
48 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 149 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 heldQ1 2026: $375.3M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Alerus Financial Corp; share changes are against Q4 2025.

Institutions holding ALRS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Royal Bank of Canada13$00.00%−648−98.0%Reduced
Covestor Ltd20$00.00%−30−60.0%Reduced
Huntington National Bank1$240.00%00.0%Unchanged
Sunbelt Securities, Inc.6$1420.00%00.0%Unchanged
SJS Investment Consulting Inc.7$1660.00%00.0%Unchanged
SBI Securities Co., Ltd.12$2850.00%−4−25.0%Reduced
MAI Capital Management26$6170.00%+13+100.0%Added
Rockefeller Capital Management L.P.33$7820.00%+33New
Root Financial Partners, LLC34$8060.00%+34New
Cornerstone Planning Group LLC31$8410.00%00.0%Unchanged
Capital Advisors, Ltd. LLC24$1.00K0.00%00.0%Unchanged
True Wealth Design, LLC64$1.52K0.00%00.0%Unchanged
Parallel Advisors, LLC108$2.56K0.00%+82+315.4%Added
Farther Finance Advisors, LLC114$2.69K0.00%−14−10.9%Reduced
Bayban125$2.96K0.00%00.0%Unchanged
Smartleaf Asset Management LLC136$3.25K0.00%00.0%Unchanged
Rothschild Investment LLC146$3.46K0.00%−6−3.9%Reduced
Torren Management, LLC150$3.56K0.00%00.0%Unchanged
JPL Wealth Management, LLC169$4.01K0.00%+169New
The PNC Financial Services Group, Inc.177$4.20K0.00%+46+35.1%Added
UBS Asset Management Americas Inc179$4.24K0.00%+143+397.2%Added
Triumph Capital Management200$4.78K0.00%00.0%Unchanged
Optiver Holding B.V.230$5.45K0.00%+48+26.4%Added
SRS Capital Advisors, Inc.253$6.00K0.00%+124+96.1%Added
Nisa Investment Advisors, LLC264$6.32K0.00%00.0%Unchanged
GAMMA Investing LLC317$7.52K0.00%+96+43.4%Added
IFP Advisors, Inc329$7.80K0.00%−1−0.3%Reduced
State of Wyoming391$9.27K0.00%−126−24.4%Reduced
Allworth Financial LP555$13.2K0.00%+52+10.3%Added
Jones Financial Companies LLLP600$14.1K0.00%00.0%Unchanged
Basepoint Wealth LLC679$16.1K0.01%+6+0.9%Added
Sterling Capital Management LLC783$18.6K0.00%−572−42.2%Reduced
Steward Partners Investment Advisory, LLC800$19.0K0.00%+800New
Cherry Tree Wealth Management, LLC830$19.7K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC831$19.7K0.00%−63−7.0%Reduced
State of Alaska, Department of Revenue1,025$24.0K0.00%00.0%Unchanged
GWM Advisors LLC1,045$24.8K0.00%−518−33.1%Reduced
California State Teachers Retirement System1,272$30.2K0.00%−174−12.0%Reduced
Thompson Investment Management, Inc.1,470$34.9K0.00%00.0%Unchanged
Larson Financial Group LLC1,554$36.8K0.00%+54+3.6%Added
Essential Partners LLC1,750$41.5K0.01%+4+0.2%Added
Advisor Group Holdings, Inc.1,914$45.4K0.00%+17+0.9%Added
Ameritas Investment Partners, Inc.1,964$46.6K0.00%00.0%Unchanged
Legal & General Group Plc2,068$49.0K0.00%00.0%Unchanged
US Bancorp2,251$53.4K0.00%+71+3.3%Added
Great West Life Assurance Co2,310$55.0K0.00%+88+4.0%Added
Tower Research Capital LLC (TRC)2,585$61.3K0.00%+1,765+215.2%Added
Meeder Asset Management Inc3,795$90.0K0.01%+3,795New
Horrell Capital Management, Inc.4,440$105.3K0.05%00.0%Unchanged
Russell Investments Group, Ltd.4,876$115.6K0.00%+1,702+53.6%Added
Police & Firemen's Retirement System of New Jersey6,759$160.3K0.00%00.0%Unchanged
FMR LLC8,472$200.9K0.00%+665+8.5%Added
Susquehanna International Group, LLP8,656$205.2K0.00%+8,656New
Numerai GP LLC9,642$228.6K0.02%+447+4.9%Added
Hanson & Doremus Investment Management9,844$233.0K0.03%00.0%Unchanged
Harbor Advisors LLC9,867$233.9K0.03%00.0%Unchanged
Vanguard Global Advisers, LLC10,247$243.0K0.00%+10,247New
Wells Fargo & Company10,384$246.2K0.00%−16,473−61.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.11,033$261.6K0.00%+128+1.2%Added
Columbia River Financial Group, LLC11,239$268.0K0.16%+11,239New
UBS Group AG11,690$277.2K0.00%−5,402−31.6%Reduced
Panagora Asset Management Inc11,887$281.8K0.00%−466−3.8%Reduced
MetLife Investment Management12,870$305.1K0.00%−239−1.8%Reduced
Aviance Capital Partners, LLC13,111$310.9K0.04%00.0%Unchanged
Wealth Enhancement Advisory Services, LLC13,746$327.7K0.00%+1,050+8.3%Added
Mercer Global Advisors Inc15,577$369.3K0.00%+214+1.4%Added
Price T Rowe Associates Inc16,282$387.0K0.00%+2,688+19.8%Added
First PREMIER Bank17,036$404.0K0.09%00.0%Unchanged
BNP Paribas Arbitrage, SA17,828$422.7K0.00%−4,072−18.6%Reduced
Deutsche Bank AG18,799$445.7K0.00%+2,150+12.9%Added
Canada Pension Plan Investment Board18,800$445.7K0.00%00.0%Unchanged
Barclays PLC19,740$468.0K0.00%−31,543−61.5%Reduced
Black Maple Capital Management LP19,757$468.4K0.36%−4,819−19.6%Reduced
Gamco Investors, Inc. Et Al19,836$470.3K0.00%−65,257−76.7%Reduced
LSV Asset Management20,000$474.0K0.00%+20,000New
HSBC Holdings PLC20,488$485.2K0.00%−26,178−56.1%Reduced
State of Wisconsin Investment Board20,577$487.9K0.00%+5,500+36.5%Added
Cetera Investment Advisers21,164$501.8K0.00%−13,526−39.0%Reduced
CWM Advisors, LLC21,677$514.0K0.03%+799+3.8%Added
Susquehanna Fundamental Investments, LLC21,769$516.1K0.02%+21,769New
Lafayette Investments, Inc.21,900$519.2K0.11%00.0%Unchanged
Martingale Asset Management L P23,200$550.1K0.01%−57,550−71.3%Reduced
Creative Planning26,508$628.5K0.00%−985−3.6%Reduced
CenterBook Partners LP28,099$666.2K0.04%+28,099New
Johnson Wealth Management, LLC28,186$668.3K0.32%00.0%Unchanged
Rhumbline Advisers28,733$681.3K0.00%−1,220−4.1%Reduced
Invesco Ltd.29,871$708.2K0.00%+205+0.7%Added
Principal Financial Group Inc29,984$710.9K0.00%+29,984New
Jane Street Group, LLC31,261$741.2K0.00%+379+1.2%Added
Citigroup Inc31,897$756.3K0.00%+21,290+200.7%Added
Bank of America Corp32,656$774.3K0.00%−16,262−33.2%Reduced
Mariner, LLC33,395$791.8K0.00%+680+2.1%Added
Two Sigma Investments, LP35,215$834.9K0.00%−82,699−70.1%Reduced
Carret Asset Management, LLC37,000$877.3K0.09%+37,000New
Nuveen, LLC39,396$934.1K0.00%+194+0.5%Added
Ieq Capital, LLC39,400$934.2K0.00%+5,815+17.3%Added
XTX Topco Ltd43,599$1.03M0.02%+21,744+99.5%Added
Gsa Capital Partners LLP46,901$1.11M0.07%−2,178−4.4%Reduced
Pinnacle Holdings, LLC48,999$1.16M0.38%00.0%Unchanged
Wealth Forward, LLC50,279$1.19M0.67%00.0%Unchanged