Alerus Financial
ALRS
59 hedge funds and large institutions have $172M invested in Alerus Financial in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
40% more capital invested
Capital invested by funds: $123M → $172M (+$49.3M)
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
9% more funds holding
Funds holding: 54 → 59 (+5)
0.19% more ownership
Funds ownership: 36.55% → 36.74% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.16M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.12M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$992K |
| 5 |
Morgan Stanley
New York
|
+$801K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.76M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$1.74M |
| 3 |
AF
Alerus Financial
Grand Forks,
North Dakota
|
-$1.16M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$537K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$472K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Lazard Asset Management
New York
| $30K | +$27.1K | +1,125 | New |
|
|
EFSCE
52
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $27K | – | – | – |
|
|
FF
53
FourThought Financial
Venice,
Florida
| $23K | +$20.8K | +863 | New |
|
|
SO
54
STRS Ohio
Columbus,
Ohio
| $21K | – | – | – |
|
55
Osaic Holdings
Scottsdale,
Arizona
| $18K | +$2.65K | +110 | +21% |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| $15K | +$13.3K | +554 | New |
|
|
JFA
57
JNBA Financial Advisors
Bloomington,
Minnesota
| $14K | – | – | – |
|
58
Federated Hermes
Pittsburgh,
Pennsylvania
| $7K | +$3.83K | +159 | +164% |
|
|
AIG
59
American International Group
New York
| $235 | -$5.94K | -247 | -3% |
|
|
MCM
60
Maltese Capital Management
New York
| – | -$472K | -24,085 | Closed |
|
61
Two Sigma Investments
New York
| – | -$205K | -10,474 | Closed |
|
ALRS Hedge Fund Activity: Q4 2020 in Review
59 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q4 2020, worth a combined $172M — up 40% from $123M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ALRS positions and 2 closed out — a net gain of 6 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $1.2M. The largest seller was Endeavour Capital Advisors, cutting an estimated $1.76M.
- 59 institutional investors held Alerus Financial (ALRS) as of Q4 2020, up from 54 in Q3 2020.
- Funds reported $172M of Alerus Financial stock for Q4 2020, up 40% quarter-over-quarter.
- 8 funds opened new Alerus Financial positions in Q4 2020 and 2 closed out, a net change of +6 holders.
- The largest Alerus Financial buyer in Q4 2020 was BlackRock, an estimated $1.2M added.
- The largest Alerus Financial seller in Q4 2020 was Endeavour Capital Advisors, an estimated $1.76M sold.
Based on aggregated 13F filings for Q4 2020.