ALERUS FINANCIAL NA

CIK

919458

Location

GRAND FORKS, ND

Portfolio Value

Small $920,201,247

Diversification

Diversified

Filing Date

Global Rank

#1,735 / 8,636 ▲ 34 · as of Mar 2026

Top Industry

Semiconductors 12.8%

3Y Alpha vs SPY

+3.9%

Period ended 4 months ago

Filed May 12, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+97.3%

SPY

+78.8%

Annualised alpha

+4.0%

Max drawdown

−19.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

395 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.4%

−0.4 pts

Top 5

25.5%

−2.2 pts

Top 10

38.2%

−3.5 pts

HHI

215

Diversified−31

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.7%	$273,498,925	53
Financial Services	18.4%	$169,064,533	61
Communication Services	9.7%	$89,398,362	22
Healthcare	9.6%	$88,070,537	46
Industrials	8.7%	$80,386,017	50
Consumer Cyclical	7.5%	$69,470,361	43
Consumer Defensive	4.8%	$43,728,519	26
Energy	4.5%	$41,699,422	21
Utilities	2.7%	$24,557,670	21
Unclassified	1.9%	$17,857,447	11
Basic Materials	1.5%	$13,998,749	24
Real Estate	0.9%	$8,470,705	17

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
F	Ford Motor Co	+72,803	75,562	$871,985
KVUE	Kenvue Inc.	+57,817	64,256	$1,107,773
PFE	Pfizer Inc	+46,853	48,583	$1,364,210
CMCSA	Comcast Corp	+46,712	47,077	$1,351,580
KEY	Keycorp /New/	+46,076	48,194	$966,289
DOW	Dow Inc.	+43,115	44,127	$1,837,889
BAC	Bank Of America Corp /De/	+29,025	94,204	$4,592,445
CSCO	Cisco Systems, Inc.	+23,966	160,198	$12,429,762
VZ	Verizon Communications Inc	+21,122	239,532	$12,024,506
KO	Coca Cola Co	+17,640	36,297	$2,760,386
USB	US Bancorp De	+16,982	24,158	$1,256,457
MO	Altria Group, Inc.	+16,710	18,194	$1,200,622
CVS	CVS HEALTH Corp	+13,867	13,956	$1,002,319
MRK	Merck & Co., Inc.	+13,787	53,203	$6,399,788
OMC	Omnicom Group Inc.	+13,048	15,446	$1,163,238
OKE	Oneok Inc /New/	+11,708	11,932	$1,078,533
EOG	Eog Resources Inc	+11,601	12,201	$1,763,898
SBUX	Starbucks Corp	+10,721	11,133	$997,405
AMD	Advanced Micro Devices Inc	+10,139	12,997	$2,643,979
COP	Conocophillips	+10,069	11,596	$1,530,672
TROW	Price T Rowe Group Inc	+9,857	9,957	$897,523
PG	PROCTER & GAMBLE Co	+9,825	42,390	$6,122,811
TGT	Target Corp	+9,473	9,749	$1,181,578
PLTR	Palantir Technologies Inc.	+9,363	9,944	$1,454,608
GILD	Gilead Sciences, Inc.	+8,302	8,331	$1,161,091
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SNAP	Snap Inc	−172,606	13,897	$63,926
HPE	Hewlett Packard Enterprise Co	−87,919	420,433	$10,010,509
ALRS	Alerus Financial Corp	−47,458	2,241,741	$53,151,678
SO	Southern Co	−38,229	109,897	$10,607,258
BRBS	Blue Ridge Bankshares, Inc.	−35,015	151,148	$634,821
EQH	Equitable Holdings, Inc.	−29,184	3,717	$137,937
T	At&T Inc.	−25,445	296,694	$8,601,159
LNT	Alliant Energy Corp	−25,165	68,413	$4,909,316
SMG	Scotts Miracle-Gro Co	−23,146	40,701	$2,475,027
TFC	Truist Financial Corp	−20,278	152,297	$7,001,093
DD	DuPont de Nemours, Inc.	−20,186	33,786	$1,547,398
FAST	Fastenal Co	−20,116	51,453	$2,387,419
PFG	Principal Financial Group Inc	−19,516	37,347	$3,365,338
MDT	Medtronic plc	−16,133	37,961	$3,289,320
SCHW	Schwab Charles Corp	−14,125	45,018	$4,230,791
SJM	J M SMUCKER Co	−14,060	29,839	$2,877,673
DLR	Digital Realty Trust, Inc.	−12,629	30,720	$5,536,051
ARM	Arm Holdings PLC /Uk	−12,018	8,256	$1,248,967
PRU	Prudential Financial Inc	−11,131	52,766	$5,154,710
NOW	ServiceNow, Inc.	−10,648	18,564	$1,940,866
HAS	Hasbro, Inc.	−10,052	37,994	$3,556,238
BBY	Best Buy Co Inc	−9,972	65,963	$4,234,824
VRT	Vertiv Holdings Co	−9,662	33,946	$8,506,188
MMM	3M Co	−9,486	35,136	$5,102,801
BNY	Bank of New York Mellon Corp	−7,266	37,416	$4,438,660
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
UL	Unilever PLC	102,522	$5,840,678
KMI	Kinder Morgan, Inc.	40,453	$1,356,389
BMY	Bristol Myers Squibb Co	19,760	$1,198,444
EIX	Edison International	16,275	$1,191,004
SW	Smurfit Westrock plc	27,168	$1,082,644
FE	Firstenergy Corp	21,112	$1,069,533
TMUS	T-Mobile US, Inc.	5,004	$1,050,990
EVRG	Evergy, Inc.	12,755	$1,044,889
DRI	Darden Restaurants Inc	5,291	$1,037,247
KHC	Kraft Heinz Co	45,838	$1,030,896
ES	Eversource Energy	14,250	$987,240
GIS	General Mills Inc	25,833	$961,504
PAYX	Paychex Inc	10,430	$960,811
D	Dominion Energy, Inc	15,353	$949,122
IP	International Paper Co /New/	26,128	$932,769
HPQ	Hp Inc	42,002	$806,858
L	Loews Corp	5,911	$630,940
TRV	Travelers Companies, Inc.	1,590	$463,771
O	Realty Income Corp	7,401	$452,793
WELL	Welltower Inc.	1,923	$380,196
HCA	HCA Healthcare, Inc.	738	$349,251
AIG	American International Group, Inc.	3,328	$250,432
PSA	Public Storage	899	$243,521
ETR	Entergy Corp /De/	2,035	$228,652
HBAN	Huntington Bancshares Inc /Md/	13,818	$216,251
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SCCO	Southern Copper Corp/	2,114	$306,935
BWXT	BWX Technologies, Inc.	1,000	$172,840
RGLD	Royal Gold Inc	100	$22,229
VNOM	Viper Energy, Inc.	500	$19,315
AU	AngloGold Ashanti PLC	225	$19,188
SDGR	Schrodinger, Inc.	1,000	$17,880
PBT	Permian Basin Royalty Trust	1,000	$16,980
EXTR	Extreme Networks Inc	1,000	$16,650
FIS	Fidelity National Information Services, Inc.	250	$16,615
HIPO	Hippo Holdings Inc.	500	$15,040
BTU	Peabody Energy Corp	500	$14,850
EQT	EQT Corp	250	$13,400
AUR	Aurora Innovation, Inc.	3,000	$11,520
DT	Dynatrace, Inc.	200	$8,668
SLB	Slb Limited/Nv	200	$7,676
PSLV	Sprott Physical Silver Trust	300	$7,095
CARR	CARRIER GLOBAL Corp	99	$5,231
FDS	Factset Research Systems Inc	15	$4,352
FANG	Diamondback Energy, Inc.	27	$4,058
ALL	Allstate Corp	16	$3,330
DXCM	Dexcom Inc	40	$2,654
SNPS	Synopsys Inc	4	$1,878
EW	Edwards Lifesciences Corp	22	$1,875
NRDY	Nerdy Inc.	1,800	$1,872
PED	Pedevco Corp	650	$364
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

395 tracked positions · $920,201,247 total · filing declares 515 positions · $2,019,946,396 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 395 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	337,090	-2,249	$58,788,496	−7.1%	6.39%
ALRS	Alerus Financial Corp Financial Services	Reduced	2,241,741	-47,458	$53,151,678	+3.1%	5.78%
AAPL	Apple Inc. Technology	Reduced	186,327	-120	$47,287,929	−6.7%	5.14%
MSFT	Microsoft Corp Technology	Added	105,808	+363	$39,166,947	−23.2%	4.26%
AVGO	Broadcom Inc. Technology	Reduced	116,661	-3,973	$36,107,746	−13.5%	3.92%
GOOGL	Alphabet Inc. Communication Services	Reduced	119,368	-2,377	$34,323,473	−9.9%	3.73%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	121,075	-486	$25,216,290	−10.1%	2.74%
XOM	ExxonMobil Holdings Corp Energy	Added	121,871	+4,418	$20,676,633	+46.3%	2.25%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	67,359	-128	$19,814,323	−8.9%	2.15%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	45,206	-1,796	$16,805,330	−20.5%	1.83%
LLY	ELI LILLY & Co Healthcare	Reduced	18,122	-1,582	$16,668,071	−21.3%	1.81%
META	Meta Platforms, Inc. Communication Services	Added	27,293	+429	$15,615,144	−11.9%	1.70%
JNJ	Johnson & Johnson Healthcare	Added	62,506	+5,391	$15,278,966	+29.3%	1.66%
AAAU	Goldman Sachs Physical Gold ETF	Held	306,513	0	$14,157,835	+8.6%	1.54%
CSCO	Cisco Systems, Inc. Technology	Added	160,198	+23,966	$12,429,762	+18.4%	1.35%
VZ	Verizon Communications Inc Communication Services	Added	239,532	+21,122	$12,024,506	+35.2%	1.31%
WMT	Walmart Inc. Consumer Defensive	Added	90,513	+1,430	$11,248,955	+13.3%	1.22%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	23,107	+1,006	$11,072,874	−0.3%	1.20%
ETN	Eaton Corp plc Industrials	Reduced	30,676	-5,242	$10,971,884	−4.1%	1.19%
SO	Southern Co Utilities	Reduced	109,897	-38,229	$10,607,258	−17.9%	1.15%
IBM	International Business Machines Corp Technology	Reduced	43,174	-1,969	$10,464,945	−21.7%	1.14%
HPE	Hewlett Packard Enterprise Co Technology	Reduced	420,433	-87,919	$10,010,509	−18.0%	1.09%
MU	Micron Technology Inc Technology	Reduced	28,573	-624	$9,653,102	+15.8%	1.05%
ABBV	AbbVie Inc. Healthcare	Added	44,234	+4,501	$9,620,452	+6.0%	1.05%
PH	Parker-Hannifin Corp Industrials	Reduced	9,995	-282	$8,947,923	−0.9%	0.97%
GE	General Electric Co Industrials	Reduced	30,563	-3,636	$8,672,862	−17.7%	0.94%
T	At&T Inc. Communication Services	Reduced	296,694	-25,445	$8,601,159	+7.5%	0.93%
CVX	Chevron Corp Energy	Added	41,183	+2,134	$8,520,762	+43.2%	0.93%
VRT	Vertiv Holdings Co Industrials	Reduced	33,946	-9,662	$8,506,188	+20.4%	0.92%
UNH	Unitedhealth Group Inc Healthcare	Reduced	30,448	-1,180	$8,238,924	−21.1%	0.90%
NFLX	Netflix Inc Communication Services	Added	81,792	+3,232	$7,864,300	+6.8%	0.85%
COR	Cencora, Inc. Healthcare	Reduced	24,110	-2,562	$7,573,915	−15.9%	0.82%
HD	Home Depot, Inc. Consumer Cyclical	Added	21,914	+3,260	$7,207,295	+12.3%	0.78%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	88,554	-2,810	$7,049,783	−17.2%	0.77%
TFC	Truist Financial Corp Financial Services	Reduced	152,297	-20,278	$7,001,093	−17.6%	0.76%
TTWO	Take Two Interactive Software Inc Communication Services	Reduced	33,636	-4,255	$6,643,110	−31.5%	0.72%
MRK	Merck & Co., Inc. Healthcare	Added	53,203	+13,787	$6,399,788	+54.3%	0.70%
CDNS	Cadence Design Systems Inc Technology	Reduced	22,502	-4,655	$6,252,630	−26.3%	0.68%
CAT	Caterpillar Inc Industrials	Reduced	8,662	-1,139	$6,136,680	+9.3%	0.67%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	42,390	+9,825	$6,122,811	+31.2%	0.67%
LNG	Cheniere Energy, Inc. Energy	Reduced	20,679	-5,464	$5,867,873	+15.5%	0.64%
UL	Unilever PLC Consumer Defensive	NEW	102,522	NEW	$5,840,678	NEW	0.63%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	30,720	-12,629	$5,536,051	−17.5%	0.60%
MA	Mastercard Inc Financial Services	Reduced	10,932	-166	$5,462,283	−13.8%	0.59%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	33,943	-5,208	$5,338,555	−15.8%	0.58%
PRU	Prudential Financial Inc Financial Services	Reduced	52,766	-11,131	$5,154,710	−28.5%	0.56%
HEI	Heico Corp Industrials	Reduced	18,713	-3,182	$5,131,104	−27.6%	0.56%
MMM	3M Co Industrials	Reduced	35,136	-9,486	$5,102,801	−28.6%	0.55%
COF	Capital One Financial Corp Financial Services	Reduced	27,896	-89	$5,089,067	−25.0%	0.55%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	11,003	-1,864	$5,072,272	−30.4%	0.55%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.