Alerus Investment Advisors’s Vanguard S&P 500 ETF VOO Stock Holding History

Alerus Investment Advisors’s Portfolio VOO Stock Details VOO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	$60.3M	Sell	319,580 -34,964	-10%	-$6.26M	10.48%	1
2015 Q4	$66.3M	Sell	354,544 -21,998	-6%	-$4.14M	11.06%	1
2015 Q3	$66.2M	Sell	376,542 -31,733	-8%	-$5.9M	11.71%	2
2015 Q2	$77.2M	Buy	408,275 +204	+0%	+$39.3K	12.83%	1
2015 Q1	$77.2M	Buy	408,071 +8,748	+2%	+$1.66M	12.83%	1
2014 Q4	$75.2M	Sell	399,323 -15,349	-4%	-$2.83M	12.75%	1
2014 Q3	$74.9M	Sell	414,672 -3,849	-0.9%	-$698K	12.97%	1
2014 Q2	$75.1M	Buy	418,521 +282,033	+207%	+$49.1M	12.96%	1
2014 Q1	$23.4M	Buy	136,488 +80,561	+144%	+$13.5M	5.04%	3
2013 Q4	$9.36M	Buy	55,927 +12,830	+30%	+$2.08M	2.06%	5
2013 Q3	$6.64M	Sell	43,097 -107,704	-71%	-$16.5M	1.32%	27
2013 Q2	$22.2M	Buy	+150,801	New	+$22.2M	3.42%	3

Other funds holding VOO

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

MIFH

Migdal Insurance & Financial Holdings Petach Tikva, Israel $11.5B AUM 52.5% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

SCM

Sterling Capital Management Charlotte, North Carolina $5.9B AUM 29.63% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Alerus Investment Advisors's VOO Position: Q1 2016 in Review

Alerus Investment Advisors reduced its Vanguard S&P 500 ETF (VOO) stake by 9.9% in Q1 2016, selling an estimated $6.26M and leaving 319,580 shares worth $60.3M. The position accounts for 10.48% of the portfolio, ranked #1.

Alerus Investment Advisors first reported a position in VOO in Q2 2013 and has held it in 12 quarters since. The position peaked at $77.2M in Q2 2015. 504 funds tracked by Wall St. Rank hold VOO as of Q1 2016.

Alerus Investment Advisors held 319,580 shares of Vanguard S&P 500 ETF worth $60.3M as of Q1 2016.
Alerus Investment Advisors sold 34,964 Vanguard S&P 500 ETF shares in Q1 2016, an estimated $6.26M.
Vanguard S&P 500 ETF made up 10.48% of Alerus Investment Advisors's portfolio in Q1 2016, its #1 holding.
Alerus Investment Advisors first reported a position in Vanguard S&P 500 ETF in Q2 2013 and has held it in 12 quarters since.
Alerus Investment Advisors's Vanguard S&P 500 ETF position peaked at $77.2M in Q2 2015.
504 funds tracked by Wall St. Rank held Vanguard S&P 500 ETF as of Q1 2016.

Based on Alerus Investment Advisors's 13F filing for Q1 2016, filed 4 May 2016.