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 | |
|---|---|---|---|---|---|---|---|
151
Medtronic
MDT
$132B
| $1.5M | 0.07% |
17,335
-6,110
| -26% | -$538K |
2016 Q2
41 quarters
|
|
152
Realty Income
O
$56B
| $1.48M | 0.07% |
27,190
+8,721
| +47% | +$538K |
2026 Q1
2 quarters
|
|
153
Booking.com
BKNG
$119B
| $1.47M | 0.07% |
9,049
+2,349
| +35% | +$441K |
2025 Q2
5 quarters
|
|
154
M&T Bank
MTB
$31.5B
| $1.47M | 0.06% |
6,770
+442
| +7% | +$106K |
2025 Q2
5 quarters
|
|
155
Boston Scientific
BSX
$64.3B
| $1.47M | 0.06% |
33,644
-24,074
| -42% | -$1.11M |
2023 Q4
11 quarters
|
|
156
Principal Financial Group
PFG
$24B
| $1.41M | 0.06% |
12,594
-6,613
| -34% | -$749K |
2025 Q1
6 quarters
|
|
157
Martin Marietta Materials
MLM
$36.5B
| $1.4M | 0.06% |
2,923
-1,973
| -40% | -$1.06M |
2025 Q1
6 quarters
|
|
158
State Street Utilities Select Sector SPDR ETF
XLU
$24.2B
| $1.37M | 0.06% |
34,760
-28,711
| -45% | -$1.25M |
2024 Q1
10 quarters
|
|
159
WESCO International
WCC
$15.6B
| $1.35M | 0.06% |
3,751
-5
| -0.1% | -$1.72K |
2023 Q1
14 quarters
|
|
160
Newmont
NEM
$117B
| $1.34M | 0.06% |
11,600
+2,788
| +32% | +$312K |
2025 Q2
5 quarters
|
|
161
Linde
LIN
$241B
| $1.27M | 0.06% |
2,685
-170
| -6% | -$83.5K |
2019 Q1
30 quarters
|
|
162
American International
AIG
$42.8B
| $1.21M | 0.05% |
16,276
+5,986
| +58% | +$463K |
2026 Q1
2 quarters
|
|
163
CME Group
CME
$113B
| $1.19M | 0.05% |
4,533
+1,770
| +64% | +$467K |
2025 Q2
5 quarters
|
|
164
O'Reilly Automotive
ORLY
$73.9B
| $1.18M | 0.05% |
13,866
-1,943
| -12% | -$171K |
2024 Q2
9 quarters
|
|
165
Fastenal
FAST
$63.4B
| $1.14M | 0.05% |
22,917
-8,604
| -27% | -$422K |
2025 Q2
5 quarters
|
|
166
Trane Technologies
TT
$91.6B
| $1.1M | 0.05% |
2,435
+861
| +55% | +$396K |
2025 Q3
4 quarters
|
|
167
Alphabet (Google) Class C
GOOG
$3.59T
| $1.1M | 0.05% |
3,216
+82
| +3% | +$28.3K |
2025 Q2
5 quarters
|
|
168
State Street Consumer Staples Select Sector SPDR ETF
XLP
$15.2B
| $1.06M | 0.05% |
13,210
-7,564
| -36% | -$639K |
2025 Q2
5 quarters
|
|
169
LB Pharmaceuticals
LBRX
$1.39B
| $1.05M | 0.05% |
27,446
-27,445
| -50% | -$1.13M |
2026 Q2
1 quarter
|
|
170
Analog Devices
ADI
$192B
| $1.05M | 0.05% |
2,637
+169
| +7% | +$63.7K |
2025 Q2
5 quarters
|
|
171
Corning
GLW
$97.9B
| $1.02M | 0.04% |
6,624
+1,821
| +38% | +$289K |
2026 Q1
2 quarters
|
|
172
American Express
AXP
$214B
| $1.01M | 0.04% |
3,332
-75
| -2% | -$25.1K |
2016 Q2
41 quarters
|
|
173
Okta
OKTA
$31.9B
| $988K | 0.04% |
4,726
| – | – |
2022 Q3
16 quarters
|
|
174
State Street
STT
$47.1B
| $986K | 0.04% |
5,645
-1,853
| -25% | -$343K |
2025 Q1
6 quarters
|
|
175
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $973K | 0.04% |
13,525
+1,100
| +9% | +$83K |
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.