Alerus Financial
ALRS
54 hedge funds and large institutions have $123M invested in Alerus Financial in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 10 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
1% more capital invested
Capital invested by funds: $121M → $123M (+$1.17M)
0.62% more ownership
Funds ownership: 35.93% → 36.55% (+0.62%)
10% less funds holding
Funds holding: 60 → 54 (-6)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.59M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.22M |
| 3 |
AF
Alerus Financial
Grand Forks,
North Dakota
|
+$878K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$876K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$737K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$3.16M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.58M |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.2M |
| 4 |
Renaissance Technologies
New York
|
-$331K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$305K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFA
51
JNBA Financial Advisors
Bloomington,
Minnesota
| $10K | – | – | – |
|
52
Osaic Holdings
Scottsdale,
Arizona
| $10K | – | – | – |
|
53
UBS Group
Zurich,
Switzerland
| $6K | -$101K | -4,986 | -94% |
|
54
Federated Hermes
Pittsburgh,
Pennsylvania
| $2K | +$1.97K | +97 | New |
|
|
55
AllianceBernstein
Nashville,
Tennessee
| – | -$1.58M | -80,021 | Closed |
|
|
56
Renaissance Technologies
New York
| – | -$331K | -16,765 | Closed |
|
57
Jane Street
New York
| – | -$258K | -13,042 | Closed |
|
|
BB
58
Bell Bank
Fargo,
North Dakota
| – | -$203K | -10,280 | Closed |
|
59
SG Americas Securities
New York
| – | -$160K | -8,117 | Closed |
|
|
DA
60
Denali Advisors
San Diego,
California
| – | -$69K | -3,500 | Closed |
|
|
MA
61
Modus Advisors
Excelsior,
Minnesota
| – | -$47K | -2,380 | Closed |
|
62
First Manhattan
New York
| – | -$19K | -1,000 | Closed |
|
63
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$4K | -179 | Closed |
|
ALRS Hedge Fund Activity: Q3 2020 in Review
54 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q3 2020, worth a combined $123M — up 0.96% from $121M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ALRS and 4 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was Vanguard Group, adding an estimated $1.59M. The largest seller was Maltese Capital Management, cutting an estimated $3.16M.
- 54 institutional investors held Alerus Financial (ALRS) as of Q3 2020, down from 60 in Q2 2020.
- Funds reported $123M of Alerus Financial stock for Q3 2020, up 0.96% quarter-over-quarter.
- 4 funds opened new Alerus Financial positions in Q3 2020 and 10 closed out, a net change of -6 holders.
- The largest Alerus Financial buyer in Q3 2020 was Vanguard Group, an estimated $1.59M added.
- The largest Alerus Financial seller in Q3 2020 was Maltese Capital Management, an estimated $3.16M sold.
Based on aggregated 13F filings for Q3 2020.