Alerus Financial
ALRS
68 hedge funds and large institutions have $136M invested in Alerus Financial in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 17 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.47% less ownership
Funds ownership: 42.72% → 42.24% (-0.47%)
13% less funds holding
Funds holding: 78 → 68 (-10)
31% less capital invested
Capital invested by funds: $196M → $136M (-$60M)
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.1M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$942K |
| 3 |
Morgan Stanley
New York
|
+$879K |
| 4 |
Millennium Management
New York
|
+$850K |
| 5 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$831K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$3.04M |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.53M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$976K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$912K |
| 5 |
PFO
PMC FIG Opportunities
Jerusalem,
Israel
|
-$771K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$121K | -5,185 | Closed |
|
77
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$73.9K | -3,731 | -99% |
|
78
Allspring Global Investments
Charlotte,
North Carolina
| – | -$85.6K | -3,667 | Closed |
|
|
SO
79
STRS Ohio
Columbus,
Ohio
| – | -$18K | -800 | Closed |
|
80
Citigroup
New York
| – | -$2.4K | -103 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$2K | -100 | Closed |
|
|
CAM
82
ClariVest Asset Management
San Diego,
California
| – | -$1K | -38 | Closed |
|
|
EI
83
Ellevest Inc
New York
| – | -$490 | -21 | Closed |
|
|
CS
84
Credit Suisse
Zurich,
Switzerland
| – | -$23 | -1 | Closed |
|
|
CAL
85
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$258 | +13 | New |
|
ALRS Hedge Fund Activity: Q1 2023 in Review
68 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q1 2023, worth a combined $136M — down 31% from $196M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of ALRS and 7 opened new positions — a net loss of 10 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Citadel Advisors, adding an estimated $1.1M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $3.04M sold.
- 68 institutional investors held Alerus Financial (ALRS) as of Q1 2023, down from 78 in Q4 2022.
- Funds reported $136M of Alerus Financial stock for Q1 2023, down 31% quarter-over-quarter.
- 7 funds opened new Alerus Financial positions in Q1 2023 and 17 closed out, a net change of -10 holders.
- The largest Alerus Financial buyer in Q1 2023 was Citadel Advisors, an estimated $1.1M added.
- The largest Alerus Financial seller in Q1 2023 was Boothbay Fund Management, an estimated $3.04M sold.
Based on aggregated 13F filings for Q1 2023.