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 | |
|---|---|---|---|---|---|---|---|
201
HCA Healthcare
HCA
$104B
| $513K | 0.02% |
1,202
-53
| -4% | -$21.7K |
2026 Q1
2 quarters
|
|
202
Blue Ridge Bankshares
BRBS
$363M
| $505K | 0.02% |
131,110
-1,954
| -1% | -$7.32K |
2025 Q2
5 quarters
|
|
203
Freeport-McMoran
FCX
$85B
| $503K | 0.02% |
7,188
+1,646
| +30% | +$112K |
2022 Q1
18 quarters
|
|
204
Cigna
CI
$78.3B
| $488K | 0.02% |
+1,796
| New | +$506K |
2026 Q3
0 quarters
|
|
205
Public Storage
PSA
$62.1B
| $487K | 0.02% |
1,723
+118
| +7% | +$36.9K |
2026 Q1
2 quarters
|
|
206
Marsh
MRSH
$98.8B
| $457K | 0.02% |
2,674
-151
| -5% | -$27.6K |
2020 Q3
24 quarters
|
|
207
ScottsMiracle-Gro
SMG
$3.72B
| $437K | 0.02% |
8,720
-11,786
| -57% | -$727K |
2025 Q4
3 quarters
|
|
208
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$2.95B
| $437K | 0.02% |
22,381
| – | – |
2024 Q4
7 quarters
|
|
209
Chubb
CB
$144B
| $424K | 0.02% |
1,305
-6
| -0.5% | -$2.07K |
2021 Q1
22 quarters
|
|
210
Emerson Electric
EMR
$91.3B
| $424K | 0.02% |
2,733
+266
| +11% | +$40K |
2016 Q2
41 quarters
|
|
211
State Street Technology Select Sector SPDR ETF
XLK
$113B
| $417K | 0.02% |
2,128
| – | – |
2019 Q1
30 quarters
|
|
212
Comfort Systems
FIX
$38.9B
| $390K | 0.02% |
236
+21
| +10% | +$35.3K |
2026 Q1
2 quarters
|
|
213
Valero Energy
VLO
$106B
| $386K | 0.02% |
995
+453
| +84% | +$153K |
2026 Q2
1 quarter
|
|
214
Abbott
ABT
$188B
| $386K | 0.02% |
3,901
+472
| +14% | +$49.3K |
2018 Q4
31 quarters
|
|
215
Vanguard Extended Market ETF
VXF
$30.2B
| $365K | 0.02% |
1,575
| – | – |
2025 Q4
3 quarters
|
|
216
Royal Bank of Canada
RY
$280B
| $364K | 0.02% |
1,854
| – | – |
2025 Q2
5 quarters
|
|
217
Progressive
PGR
$137B
| $362K | 0.02% |
1,744
-351
| -17% | -$75.8K |
2025 Q2
5 quarters
|
|
218
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$651M
| $352K | 0.02% |
15,428
| – | – |
2025 Q2
5 quarters
|
|
219
Blackstone
BX
$95B
| $348K | 0.02% |
3,109
-6,144
| -66% | -$804K |
2020 Q3
24 quarters
|
|
220
Huntington Bancshares
HBAN
$31.9B
| $341K | 0.02% |
22,341
+2,572
| +13% | +$44K |
2026 Q1
2 quarters
|
|
221
Invesco S&P 500 Equal Weight ETF
RSP
$103B
| $321K | 0.01% |
+1,544
| New | +$334K |
2026 Q3
0 quarters
|
|
222
Hilton Worldwide Holdings Inc. Common Stock
HLT
$83B
| $303K | 0.01% |
954
+57
| +6% | +$18.3K |
2025 Q3
4 quarters
|
|
223
Expedia Group
EXPE
$30.6B
| $287K | 0.01% |
1,090
| – | – |
2025 Q2
5 quarters
|
|
224
Xcel Energy
XEL
$52.4B
| $260K | 0.01% |
3,691
-163
| -4% | -$12.5K |
2025 Q1
6 quarters
|
|
225
Nucor
NUE
$56.6B
| $258K | 0.01% |
1,103
| – | – |
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.