Alerus Financial
ALRS
48 hedge funds and large institutions have $123M invested in Alerus Financial in 2019 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
550% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
83% more capital invested
Capital invested by funds: $67.3M → $123M (+$55.7M)
78% more funds holding
Funds holding: 27 → 48 (+21)
13.52% more ownership
Funds ownership: 18.06% → 31.58% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Alerus Financial
Grand Forks,
North Dakota
|
+$43.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.21M |
| 3 |
BlackRock
New York
|
+$2.4M |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.69M |
| 5 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$4.27M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.69M |
| 3 |
SV
Stilwell Value
New York
|
-$763K |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$664K |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$200K | -9,198 | Closed |
|
ALRS Hedge Fund Activity: Q4 2019 in Review
48 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q4 2019, worth a combined $123M — up 83% from $67.3M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ALRS positions and 4 closed out — a net gain of 22 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Alerus Financial, opening a new position worth an estimated $43.8M. The largest seller was Maltese Capital Management, cutting an estimated $4.27M.
- 48 institutional investors held Alerus Financial (ALRS) as of Q4 2019, up from 27 in Q3 2019.
- Funds reported $123M of Alerus Financial stock for Q4 2019, up 83% quarter-over-quarter.
- 26 funds opened new Alerus Financial positions in Q4 2019 and 4 closed out, a net change of +22 holders.
- The largest Alerus Financial buyer in Q4 2019 was Alerus Financial, an estimated $43.8M added.
- The largest Alerus Financial seller in Q4 2019 was Maltese Capital Management, an estimated $4.27M sold.
Based on aggregated 13F filings for Q4 2019.