ALERUS FINANCIAL NA
Filing Date
Global Rank
#1,480
/ 8,827
▼ 23
Top Industry
Semiconductors
15.4%
Period ended 4 months ago
Filed Aug 14, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Concentrated
The top 10 positions are 62.6% of the book (60%+)
Turnover
Low turnover
22.0% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 20.4 quarters (12+), a floor since 54.9% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 58.2%; sector active share 39.7% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
504 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
22.8%
+0.1 pts
Top 5
52.0%
−0.9 pts
Top 10
62.6%
−1.0 pts
HHI
853
Diversified−17
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 52.6% | $1,203,339,001 |
| Technology | 15.9% | $364,420,861 |
| Financial Services | 8.4% | $192,569,748 |
| Healthcare | 4.8% | $109,738,767 |
| Communication Services | 4.1% | $94,702,083 |
| Industrials | 4.1% | $93,020,451 |
| Consumer Cyclical | 3.8% | $86,080,284 |
| Consumer Defensive | 2.3% | $52,650,916 |
| Energy | 1.9% | $42,674,223 |
| Utilities | 1.2% | $27,987,458 |
| Basic Materials | 0.5% | $11,007,235 |
| Real Estate | 0.3% | $7,983,485 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| F | Ford Motor Co | +93,051 | 168,613 | $2,343,720 | |
| KHC | Kraft Heinz Co | +79,131 | 124,969 | $2,951,767 | |
| KVUE | Kenvue Inc. | +66,540 | 130,796 | $2,499,511 | |
| HPQ | Hp Inc | +65,169 | 107,171 | $2,351,331 | |
| KEY | Keycorp | +61,263 | 109,457 | $2,522,983 | |
| KMI | Kinder Morgan, Inc. | +39,841 | 80,294 | $2,566,999 | |
| PFE | Pfizer Inc | +38,621 | 87,204 | $2,099,872 | |
| GIS | General Mills Inc | +33,963 | 59,796 | $2,080,900 | |
| KO | Coca Cola Co | +33,054 | 69,351 | $5,636,155 | |
| IP | International Paper Co | +30,667 | 56,795 | $2,163,889 | |
| CMCSA | Comcast Corp | +28,406 | 75,483 | $1,853,107 | |
| SW | Smurfit Westrock plc | +27,710 | 54,878 | $2,538,656 | |
| DOW | Dow Inc. | +25,180 | 69,307 | $1,896,239 | |
| FE | Firstenergy Corp | +23,425 | 44,537 | $2,117,288 | |
| BMY | Bristol Myers Squibb Co | +23,224 | 42,984 | $2,476,738 | |
| XOM | ExxonMobil Holdings Corp | +23,174 | 145,045 | $19,830,552 | |
| USB | US Bancorp De | +22,981 | 47,139 | $2,847,195 | |
| BAC | Bank Of America Corp | +18,329 | 112,533 | $6,412,130 | |
| D | Dominion Energy, Inc | +18,320 | 33,673 | $2,299,529 | |
| MO | Altria Group, Inc. | +16,298 | 34,492 | $2,481,699 | |
| ES | Eversource Energy | +16,248 | 30,498 | $2,204,090 | |
| EIX | Edison International | +14,920 | 31,195 | $2,322,467 | |
| OMC | Omnicom Group Inc. | +14,611 | 30,057 | $2,189,051 | |
| PAYX | Paychex Inc | +14,319 | 24,749 | $2,433,569 | |
| CVS | CVS HEALTH Corp | +14,111 | 28,067 | $2,903,531 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VCSH | VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | −228,379 | 43,906 | $3,469,891 | |
| ALRS | Alerus Financial Corp | −125,568 | 2,116,173 | $65,812,979 | |
| HPE | Hewlett Packard Enterprise Co | −110,882 | 309,551 | $13,963,845 | |
| DFAX | Dimensional World ex. U.S. Core Equity 2 ETF | −47,697 | 8,368,617 | $308,299,849 | |
| XLU | State Street(R) Utilities Select Sector SPDR(R) ETF | −41,816 | 63,471 | $2,877,775 | |
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | −38,448 | 22,381 | $436,989 | |
| UL | Unilever PLC | −29,096 | 73,426 | $4,414,371 | |
| SO | Southern Co | −27,671 | 82,226 | $7,869,850 | |
| AAAU | Goldman Sachs Physical Gold ETF | −25,000 | 281,513 | $11,139,469 | |
| SMG | Scotts Miracle-Gro Co | −20,195 | 20,506 | $1,396,663 | |
| LNT | Alliant Energy Corp | −20,151 | 48,262 | $3,681,907 | |
| FAST | Fastenal Co | −19,932 | 31,521 | $1,513,953 | |
| BSX | Boston Scientific Corp | −19,316 | 57,718 | $2,463,404 | |
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | −19,146 | 60,389 | $3,207,259 | |
| TFC | Truist Financial Corp | −18,887 | 133,410 | $6,646,486 | |
| PFG | Principal Financial Group Inc | −18,140 | 19,207 | $2,070,130 | |
| — | −18,098 | 25,387 | $1,290,421 | ||
| BRBS | Blue Ridge Bankshares, Inc. | −18,084 | 133,064 | $469,715 | |
| MDT | Medtronic plc | −14,516 | 23,445 | $1,834,102 | |
| — | −14,057 | 20,774 | $1,725,696 | ||
| SCHW | Schwab Charles Corp | −13,749 | 31,269 | $2,885,190 | |
| SJM | J M SMUCKER Co | −11,985 | 17,854 | $2,008,575 | |
| MMM | 3M Co | −10,147 | 24,989 | $4,045,968 | |
| TLT | iShares 20+ Year Treasury Bond ETF | −9,922 | 114,239 | $9,872,534 | |
| BNY | Bank of New York Mellon Corp | −9,313 | 28,103 | $4,063,974 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
21 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| IMNM | Immunome Inc. | 383,421 | $8,124,690 | |
| PFF | iShares Preferred and Income Securities ETF | 159,753 | $4,870,868 | |
| AMCR | Amcor plc | 52,286 | $2,266,598 | |
| LBRX | Lb Pharmaceuticals Inc | 54,891 | $1,781,487 | |
| ANET | Arista Networks, Inc. | 1,739 | $295,421 | |
| ALL | Allstate Corp | 1,040 | $247,457 | |
| HWM | Howmet Aerospace Inc. | 833 | $223,960 | |
| VLO | Valero Energy Corp | 542 | $141,158 | |
| AZN | Astrazeneca PLC | 586 | $111,117 | |
| JMTG | JPMorgan Mortgage-Backed Securities ETF | 1,524 | $77,236 | |
| NBIX | Neurocrine Biosciences Inc | 340 | $57,303 | |
| EMOP | AB Emerging Markets Opportunities ETF | 710 | $37,083 | |
| BUFC | AB Active ETFs, Inc. | 868 | $36,940 | |
| VRTX | Vertex Pharmaceuticals Inc | 18 | $8,941 | |
| HXL | Hexcel Corp | 70 | $7,004 | |
| EW | Edwards Lifesciences Corp | 20 | $1,809 | |
| BKR | Baker Hughes Co | 25 | $1,387 | |
| REGN | Regeneron Pharmaceuticals, Inc. | 2 | $1,247 | |
| SUI | Sun Communities Inc | 4 | $479 | |
| PED | Pedevco Corp | 32 | $430 | |
| IR | Ingersoll Rand Inc. | 1 | $81 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| DD | DuPont de Nemours, Inc. | 33,786 | $1,547,398 | |
| HON | Honeywell International Inc | 2,457 | $555,355 | |
| CENTA | Central Garden & Pet Co | 14,425 | $467,658 | |
| JPST | JPMorgan Ultra-Short Income ETF | 3,397 | $171,922 | |
| MKOR | Matthews Korea Active ETF | 3,808 | $166,154 | |
| MINT | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 1,270 | $127,723 | |
| RDIV | Invesco Ltd. | 2,175 | $121,060 | |
| APO | Apollo Global Management, Inc. | 980 | $109,191 | |
| JPLD | JPMorgan Limited Duration Bond ETF | 1,529 | $79,798 | |
| PULS | PGIM Ultra Short Bond ETF | 1,542 | $76,329 | |
| DAL | Delta Air Lines, Inc. | 900 | $59,832 | |
| VGSH | VANGUARD SHORT-TERM TREASURY INDEX FUND | 947 | $55,437 | |
| BSV | VANGUARD SHORT-TERM BOND INDEX FUND | 646 | $50,652 | |
| VUSB | VANGUARD ULTRA-SHORT BOND ETF | 985 | $49,038 | |
| ET | Energy Transfer LP | 2,400 | $46,320 | |
| PYPL | PayPal Holdings, Inc. | 360 | $16,282 | |
| — | 208 | $7,309 | ||
| DG | Dollar General Corp | 36 | $4,274 | |
| IUSB | iShares Core Universal USD Bond ETF | 40 | $1,847 | |
| XAR | State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF | 1 | $253 | |
| SLVM | Sylvamo Corp | 4 | $168 | |
| SHLD | Global X Defense Tech ETF | 1 | $70 | |
| PCOR | Procore Technologies, Inc. | 1 | $57 | |
| HYDB | iShares High Yield Systematic Bond ETF | 1 | $46 | |
| GAP | Gap Inc | 1 | $24 | |
| No positions match the current search. | ||||
504 tracked positions ·
$2,286,174,512 total
· filing declares
511 positions · $2,286,222,810
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 504 positions by value
· page 1 of 11
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 749,797 | $514,968,077 | 22.53% | |
| DFAX |
Dimensional World ex. U.S. Core Equity 2 ETF
|
Reduced | 8,368,617 | $308,299,849 | 13.49% | |
| IWR |
iShares Russell Mid-Cap ETF
|
Added | 985,225 | $108,690,021 | 4.75% | |
| IXUS |
iShares Core MSCI Total International Stock ETF
|
Reduced | 845,112 | $80,657,489 | 3.53% | |
| VCRB |
VANGUARD CORE BOND ETF
|
Added | 961,921 | $74,292,044 | 3.25% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 333,736 | $66,777,236 | 2.92% | |
| ALRS |
Alerus Financial Corp
Financial Services
|
Reduced | 2,116,173 | $65,812,979 | 2.88% | |
| AAPL |
Apple Inc.
Technology
|
Added | 187,822 | $54,348,173 | 2.38% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 109,906 | $41,516,991 | 1.82% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 114,403 | $40,884,200 | 1.79% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 104,258 | $38,890,319 | 1.70% | |
| MU |
Micron Technology Inc
Technology
|
Added | 28,945 | $33,410,924 | 1.46% | |
|
|
Reduced | 403,549 | $30,367,062 | 1.33% | ||
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 116,785 | $27,834,536 | 1.22% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 69,378 | $22,709,500 | 0.99% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 16,766 | $20,109,645 | 0.88% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 145,045 | $19,830,552 | 0.87% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 167,430 | $19,666,327 | 0.86% | |
| VTWO |
VANGUARD RUSSELL 2000 INDEX FUND
|
Reduced | 156,705 | $19,027,121 | 0.83% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 74,659 | $18,961,146 | 0.83% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 42,569 | $17,904,521 | 0.78% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 27,462 | $15,469,069 | 0.68% | |
| HPE |
Hewlett Packard Enterprise Co
Technology
|
Reduced | 309,551 | $13,963,845 | 0.61% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 29,498 | $12,260,253 | 0.54% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 43,153 | $12,135,055 | 0.53% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 48,063 | $12,094,573 | 0.53% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 23,929 | $11,973,832 | 0.52% | |
| ETN |
Eaton Corp plc
Industrials
|
Reduced | 26,931 | $11,475,837 | 0.50% | |
| AAAU |
Goldman Sachs Physical Gold ETF
|
Reduced | 281,513 | $11,139,469 | 0.49% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 94,815 | $10,738,746 | 0.47% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 18,269 | $10,612,644 | 0.46% | |
| GE |
General Electric Co
Industrials
|
Reduced | 27,561 | $10,300,372 | 0.45% | |
| TLT |
iShares 20+ Year Treasury Bond ETF
|
Reduced | 114,239 | $9,872,534 | 0.43% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Reduced | 232,335 | $9,837,063 | 0.43% | |
| PH |
Parker-Hannifin Corp
Industrials
|
Reduced | 9,688 | $9,476,026 | 0.41% | |
| VRT |
Vertiv Holdings Co
Industrials
|
Reduced | 27,354 | $9,158,666 | 0.40% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 24,373 | $8,595,869 | 0.38% | |
| CVX |
Chevron Corp
Energy
|
Added | 50,687 | $8,401,877 | 0.37% | |
| STX |
Seagate Technology Holdings plc
Technology
|
Reduced | 8,549 | $8,249,785 | 0.36% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 64,144 | $8,242,504 | 0.36% | |
| IMNM |
Immunome Inc.
Healthcare
|
NEW | 383,421 | $8,124,690 | 0.36% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 7,613 | $8,107,083 | 0.35% | |
| SO |
Southern Co
Utilities
|
Reduced | 82,226 | $7,869,850 | 0.34% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 51,322 | $7,525,858 | 0.33% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Reduced | 85,965 | $7,104,147 | 0.31% | |
| TTWO |
Take Two Interactive Software Inc
Communication Services
|
Reduced | 28,299 | $7,074,184 | 0.31% | |
| CDNS |
Cadence Design Systems Inc
Technology
|
Reduced | 18,424 | $6,914,895 | 0.30% | |
| TFC |
Truist Financial Corp
Financial Services
|
Reduced | 133,410 | $6,646,486 | 0.29% | |
| BAC |
Bank Of America Corp
Financial Services
|
Added | 112,533 | $6,412,130 | 0.28% | |
| T |
At&T Inc.
Communication Services
|
Added | 307,722 | $6,369,845 | 0.28% |
Showing the top 50 of 504 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.