Martingale Asset Management’s Alerus Financial ALRS Stock Holding History

Martingale Asset Management’s Portfolio ALRS Stock Details ALRS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$550K	Sell	23,200 -57,550	-71%	-$1.4M	0.01%	617
2025 Q4	$1.82M	Buy	80,750 +4,001	+5%	+$87.3K	0.05%	335
2025 Q3	$1.7M	Buy	+76,749	New	+$1.7M	0.04%	363
2023 Q1	–	Sell	-14,507	Closed	-$339K	–	822
2022 Q4	$339K	Sell	14,507 -99	-0.7%	-$2.25K	0.01%	698
2022 Q3	$324K	Sell	14,606 -3,915	-21%	-$92.4K	0.01%	701
2022 Q2	$442K	Sell	18,521 -3,600	-16%	-$91.3K	0.01%	665
2022 Q1	$612K	Buy	22,121 +3,601	+19%	+$104K	0.01%	595
2021 Q4	$543K	Hold	18,520	–	–	0.01%	632
2021 Q3	$554K	Buy	18,520 +6,400	+53%	+$184K	0.01%	649
2021 Q2	$353K	Sell	12,120 -100	-0.8%	-$3.13K	﹤0.01%	685
2021 Q1	$365K	Buy	12,220 +2,700	+28%	+$78.7K	﹤0.01%	699
2020 Q4	$261K	Sell	9,520 -19,580	-67%	-$471K	﹤0.01%	772
2020 Q3	$571K	Buy	+29,100	New	+$589K	0.01%	779

Other funds holding ALRS

Alerus Financial Grand Forks, North Dakota $2.02B AUM 26.03% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

ECA

Endeavour Capital Advisors Greenwich, Connecticut $441M AUM 21.38% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

M3F Inc Salt Lake City, Utah $404M AUM 17.61% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

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

Martingale Asset Management's ALRS Position: Q1 2026 in Review

Martingale Asset Management reduced its Alerus Financial (ALRS) stake by 71% in Q1 2026, selling an estimated $1.4M and leaving 23,200 shares worth $550K. The position accounts for 0.01% of the portfolio, ranked #617.

Martingale Asset Management first reported a position in ALRS in Q3 2020 and has held it in 13 quarters since. The position peaked at $1.82M in Q4 2025. 149 funds tracked by Wall St. Rank hold ALRS as of Q1 2026.

Martingale Asset Management held 23,200 shares of Alerus Financial worth $550K as of Q1 2026.
Martingale Asset Management sold 57,550 Alerus Financial shares in Q1 2026, an estimated $1.4M.
Alerus Financial made up 0.01% of Martingale Asset Management's portfolio in Q1 2026, its #617 holding.
Martingale Asset Management first reported a position in Alerus Financial in Q3 2020 and has held it in 13 quarters since.
Martingale Asset Management's Alerus Financial position peaked at $1.82M in Q4 2025.
149 funds tracked by Wall St. Rank held Alerus Financial as of Q1 2026.

Based on Martingale Asset Management's 13F filing for Q1 2026, filed 13 May 2026.