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 | |
|---|---|---|---|---|---|---|---|
76
Target
TGT
$73.9B
| $3.46M | 0.15% |
22,105
+3,584
| +19% | +$539K |
2025 Q2
5 quarters
|
|
77
Fifth Third Bancorp
FITB
$49.2B
| $3.44M | 0.15% |
68,011
-1,251
| -2% | -$69.6K |
2023 Q1
14 quarters
|
|
78
3M
MMM
$97.4B
| $3.43M | 0.15% |
20,898
-4,091
| -16% | -$698K |
2023 Q3
12 quarters
|
|
79
Watsco Inc
WSO
$12.9B
| $3.43M | 0.15% |
11,331
-129
| -1% | -$43.1K |
2023 Q1
14 quarters
|
|
80
Cheniere Energy
LNG
$62.2B
| $3.34M | 0.15% |
12,419
-3,632
| -23% | -$976K |
2021 Q4
19 quarters
|
|
81
Unilever
UL
$142B
| $3.31M | 0.15% |
54,513
-18,913
| -26% | -$1.19M |
2026 Q1
2 quarters
|
|
82
Genuine Parts
GPC
$17.1B
| $3.29M | 0.15% |
26,196
+5,478
| +26% | +$713K |
2025 Q2
5 quarters
|
|
83
US Bancorp
USB
$94.6B
| $3.25M | 0.14% |
56,322
+9,183
| +19% | +$573K |
2016 Q2
41 quarters
|
|
84
Take-Two Interactive
TTWO
$43.3B
| $3.22M | 0.14% |
15,522
-12,777
| -45% | -$2.96M |
2018 Q1
34 quarters
|
|
85
McDonald's
MCD
$194B
| $3.21M | 0.14% |
13,909
+1,913
| +16% | +$504K |
2025 Q2
5 quarters
|
|
86
Shopify
SHOP
$192B
| $3.2M | 0.14% |
21,589
-8,996
| -29% | -$1.22M |
2022 Q3
16 quarters
|
|
87
Citigroup
C
$206B
| $3.19M | 0.14% |
24,633
-1,385
| -5% | -$187K |
2024 Q4
7 quarters
|
|
88
Bank of New York Mellon
BNY
$103B
| $3.14M | 0.14% |
21,709
-6,394
| -23% | -$1M |
2024 Q4
7 quarters
|
|
89
Pfizer
PFE
$168B
| $3.06M | 0.14% |
107,437
+20,233
| +23% | +$538K |
2025 Q2
5 quarters
|
|
90
State Street Energy Select Sector SPDR ETF
XLE
$41.6B
| $3.06M | 0.14% |
49,805
-10,584
| -18% | -$642K |
2020 Q2
25 quarters
|
|
91
Deere & Co
DE
$187B
| $3.04M | 0.13% |
4,525
+702
| +18% | +$447K |
2020 Q2
25 quarters
|
|
92
Smurfit Westrock
SW
$23.1B
| $3.03M | 0.13% |
68,682
+13,804
| +25% | +$637K |
2026 Q1
2 quarters
|
|
93
Accenture
ACN
$150B
| $2.99M | 0.13% |
16,311
+2,567
| +19% | +$434K |
2016 Q2
41 quarters
|
|
94
Paychex
PAYX
$41.1B
| $2.98M | 0.13% |
30,286
+5,537
| +22% | +$641K |
2026 Q1
2 quarters
|
|
95
Kinder Morgan
KMI
$70.4B
| $2.97M | 0.13% |
98,548
+18,254
| +23% | +$579K |
2026 Q1
2 quarters
|
|
96
Altria Group
MO
$129B
| $2.93M | 0.13% |
43,581
+9,089
| +26% | +$631K |
2025 Q2
5 quarters
|
|
97
DELISTED
Kenvue
KVUE
| $2.91M | 0.13% |
164,769
+33,973
| +26% | +$640K |
2023 Q3
12 quarters
|
|
98
Vanguard Short-Term Corporate Bond ETF
VCSH
$45.6B
| $2.9M | 0.13% |
37,510
-6,396
| -15% | -$501K |
2025 Q4
3 quarters
|
|
99
CVS Health
CVS
$115B
| $2.9M | 0.13% |
33,798
+5,731
| +20% | +$561K |
2025 Q2
5 quarters
|
|
100
iShares S&P 500 Growth ETF
IVW
$74.2B
| $2.88M | 0.13% |
20,229
| – | – |
2016 Q2
41 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.