Alerus Financial Portfolio holdings
Alerus Financial is a bank that also offers wealth management and retirement services, tracing back to 1879, when S. S. Titus formed the Bank of Grand Forks, the second bank chartered in Dakota Territory. The bank took the name First National Bank in 1890 after buying another Grand Forks bank, and in 2000 it renamed itself Alerus Financial, from a Latin word meaning "to take flight". When Grand Forks opened an indoor stadium and convention center in 2001, Alerus bought the naming rights, and in 2003 it bought Pension Solutions Inc. in Minneapolis, which became its retirement business, later renamed Alerus Retirement and Benefits.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell Mid-Cap ETF
IWR
|
+$32.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.97M |
| 3 |
RTX Corp
RTX
|
+$5.61M |
| 4 |
Chevron
CVX
|
+$3.97M |
| 5 |
Vanguard Core Bond ETF
VCRB
|
+$3.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$42.2M |
| 2 |
ExxonMobil
XOM
|
+$19.8M |
| 3 |
Hewlett Packard
HPE
|
+$7.51M |
| 4 |
iShares Preferred and Income Securities ETF
PFF
|
+$4.87M |
| 5 |
IBM
IBM
|
+$3.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 52.62% |
| 2 | Technology | 16.55% |
| 3 | Financials | 8.37% |
| 4 | Healthcare | 5.04% |
| 5 | Communication Services | 4.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
51
IBM
IBM
$235B
| $5.8M | 0.26% |
26,383
-16,770
| -39% | -$3.98M |
2016 Q2
41 quarters
|
|
52
Truist Financial
TFC
$60.2B
| $5.78M | 0.25% |
124,787
-8,623
| -6% | -$438K |
2025 Q1
6 quarters
|
|
53
Mastercard
MA
$576B
| $5.73M | 0.25% |
10,397
-406
| -4% | -$228K |
2020 Q4
23 quarters
|
|
54
Southern Company
SO
$109B
| $5.57M | 0.25% |
67,237
-14,989
| -18% | -$1.37M |
2016 Q2
41 quarters
|
|
55
Cencora
COR
$66.8B
| $5.37M | 0.24% |
17,887
-2,535
| -12% | -$796K |
2022 Q4
15 quarters
|
|
56
Vertiv
VRT
$79.5B
| $5.2M | 0.23% |
21,562
-5,792
| -21% | -$1.58M |
2024 Q2
9 quarters
|
|
57
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $5.19M | 0.23% |
13,862
+3,599
| +35% | +$1.35M |
2025 Q2
5 quarters
|
|
58
Lam Research
LRCX
$295B
| $5.13M | 0.23% |
15,630
+3,588
| +30% | +$1.12M |
2025 Q2
5 quarters
|
|
59
Prudential Financial
PRU
$42.2B
| $5.11M | 0.23% |
44,953
-4,755
| -10% | -$567K |
2016 Q2
41 quarters
|
|
60
Philip Morris
PM
$306B
| $4.84M | 0.21% |
25,388
+478
| +2% | +$90.3K |
2025 Q2
5 quarters
|
|
61
Oracle
ORCL
$400B
| $4.61M | 0.2% |
33,597
+3,668
| +12% | +$518K |
2022 Q4
15 quarters
|
|
62
Costco
COST
$482B
| $4.56M | 0.2% |
5,007
+258
| +5% | +$241K |
2019 Q3
28 quarters
|
|
63
Cadence Design Systems
CDNS
$90.3B
| $4.51M | 0.2% |
13,668
-4,756
| -26% | -$1.56M |
2022 Q4
15 quarters
|
|
64
Applied Materials
AMAT
$314B
| $4.48M | 0.2% |
8,751
+41
| +0.5% | +$20.8K |
2025 Q2
5 quarters
|
|
65
Palo Alto Networks
PANW
$274B
| $4.3M | 0.19% |
10,817
+356
| +3% | +$127K |
2024 Q2
9 quarters
|
|
66
Palantir
PLTR
$415B
| $4.13M | 0.18% |
22,080
-860
| -4% | -$137K |
2025 Q2
5 quarters
|
|
67
Texas Instruments
TXN
$283B
| $4.12M | 0.18% |
14,716
+1,859
| +14% | +$514K |
2018 Q4
31 quarters
|
|
68
HEICO Corp
HEI
$48.8B
| $4.01M | 0.18% |
13,238
-2,062
| -13% | -$701K |
2023 Q1
14 quarters
|
|
69
HP
HPQ
$26.1B
| $3.97M | 0.18% |
127,030
+19,859
| +19% | +$573K |
2026 Q1
2 quarters
|
|
70
Bristol-Myers Squibb
BMY
$129B
| $3.93M | 0.17% |
62,957
+19,973
| +46% | +$1.26M |
2026 Q1
2 quarters
|
|
71
The Kraft Heinz Company
KHC
$28.7B
| $3.83M | 0.17% |
168,754
+43,785
| +35% | +$1.1M |
2026 Q1
2 quarters
|
|
72
Microchip Technology
MCHP
$33.8B
| $3.81M | 0.17% |
48,943
+4,429
| +10% | +$345K |
2024 Q4
7 quarters
|
|
73
EOG Resources
EOG
$79.7B
| $3.69M | 0.16% |
26,807
+5,759
| +27% | +$822K |
2025 Q2
5 quarters
|
|
74
Intercontinental Exchange
ICE
$101B
| $3.55M | 0.16% |
23,341
-4,648
| -17% | -$702K |
2016 Q2
41 quarters
|
|
75
ConocoPhillips
COP
$163B
| $3.53M | 0.16% |
28,179
+7,187
| +34% | +$891K |
2025 Q2
5 quarters
|
|
Similar funds
Alerus Financial's Q3 2026 Portfolio in Review
As of Q3 2026, Alerus Financial held 556 positions worth $2.27B, down 0.79% from $2.29B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Alerus Financial's Q3 2026 filing shows 50 new, 144 increased, 138 reduced and 25 closed positions. Its largest new stake was DuPont de Nemours: 4,270 shares worth $555K. The largest sale was Vanguard S&P 500 ETF, an estimated $42.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 53% of assets, down from 53% a quarter earlier, followed by Technology and Financials.
- Alerus Financial's largest Q3 2026 buy was DuPont de Nemours: 4,270 shares worth $555K.
- Alerus Financial added most to iShares Russell Mid-Cap ETF in Q3 2026, an estimated $32.5M increase.
- Alerus Financial's biggest Q3 2026 reduction was Vanguard S&P 500 ETF, cutting an estimated $42.2M.
- Alerus Financial fully exited ExxonMobil in Q3 2026, selling an estimated $19.8M.
- Alerus Financial's ten largest holdings make up 61% of its $2.27B portfolio in Q3 2026.
- Alerus Financial opened 50 new positions and closed 25 in Q3 2026.
- Alerus Financial's portfolio value fell 0.79% quarter-over-quarter to $2.27B.
Based on Alerus Financial's 13F filing for Q3 2026, filed 9 Nov 2026.