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 | |
|---|---|---|---|---|---|---|---|
176
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $888K | 0.04% |
11,327
+1,111
| +11% | +$90.4K |
2024 Q1
10 quarters
|
|
177
Loews
L
$22.6B
| $873K | 0.04% |
8,358
+143
| +2% | +$16K |
2026 Q1
2 quarters
|
|
178
NXP Semiconductors
NXPI
$66.8B
| $865K | 0.04% |
3,641
-2,995
| -45% | -$730K |
2025 Q3
4 quarters
|
|
179
Ecolab
ECL
$86.7B
| $859K | 0.04% |
3,128
+190
| +6% | +$52.8K |
2016 Q2
41 quarters
|
|
180
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $797K | 0.04% |
10,172
-3,485
| -26% | -$282K |
2023 Q4
11 quarters
|
|
181
Neurocrine Biosciences
NBIX
$16.9B
| $785K | 0.03% |
5,534
+5,194
| +1,528% | +$835K |
2026 Q2
1 quarter
|
|
182
State Street Materials Select Sector SPDR ETF
XLB
$8.41B
| $756K | 0.03% |
15,524
-9,863
| -39% | -$507K |
2023 Q3
12 quarters
|
|
183
Lowe's Companies
LOW
$128B
| $748K | 0.03% |
4,058
+563
| +16% | +$117K |
2023 Q2
13 quarters
|
|
184
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.4B
| $744K | 0.03% |
6,787
| – | – |
2017 Q3
36 quarters
|
|
185
Core Molding Technologies
CMT
$190M
| $729K | 0.03% |
32,033
| – | – |
2025 Q2
5 quarters
|
|
186
Canadian Pacific Kansas City
CP
$81.9B
| $709K | 0.03% |
8,332
+679
| +9% | +$61.6K |
2021 Q4
19 quarters
|
|
187
Otter Tail
OTTR
$3.19B
| $707K | 0.03% |
8,028
| – | – |
2025 Q2
5 quarters
|
|
188
Snowflake
SNOW
$103B
| $691K | 0.03% |
2,034
+342
| +20% | +$106K |
2025 Q2
5 quarters
|
|
189
Constellation Energy
CEG
$98.5B
| $683K | 0.03% |
2,687
-1,033
| -28% | -$276K |
2024 Q3
8 quarters
|
|
190
iShares Russell 2000 ETF
IWM
$77.1B
| $642K | 0.03% |
2,311
-1,190
| -34% | -$349K |
2016 Q2
41 quarters
|
|
191
iShares Select Dividend ETF
DVY
$23.8B
| $603K | 0.03% |
3,962
| – | – |
2016 Q2
41 quarters
|
|
192
ServiceNow
NOW
$106B
| $581K | 0.03% |
4,333
-8,666
| -67% | -$1.06M |
2024 Q2
9 quarters
|
|
193
iShares Core S&P Small-Cap ETF
IJR
$106B
| $570K | 0.03% |
4,188
+397
| +10% | +$57.4K |
2017 Q3
36 quarters
|
|
194
Quanta Services
PWR
$90.7B
| $569K | 0.03% |
885
+135
| +18% | +$87.1K |
2026 Q1
2 quarters
|
|
195
Norfolk Southern
NSC
$73.6B
| $558K | 0.02% |
1,807
-1
| -0.1% | -$331 |
2018 Q1
34 quarters
|
|
196
DuPont de Nemours
DD
$20.4B
| $555K | 0.02% |
+4,270
| New | +$581K |
2026 Q3
0 quarters
|
|
197
Ventas
VTR
$47B
| $552K | 0.02% |
6,487
-3,296
| -34% | -$302K |
2025 Q1
6 quarters
|
|
198
Arista Networks
ANET
$249B
| $551K | 0.02% |
2,706
+967
| +56% | +$182K |
2026 Q2
1 quarter
|
|
199
Danaher
DHR
$164B
| $546K | 0.02% |
2,464
| – | – |
2016 Q2
41 quarters
|
|
200
Qualcomm
QCOM
$185B
| $525K | 0.02% |
2,852
| – | – |
2021 Q2
21 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.