Alerus Financial
ALRS
79 hedge funds and large institutions have $206M invested in Alerus Financial in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
29% more capital invested
Capital invested by funds: $159M → $206M (+$46.6M)
11% more funds holding
Funds holding: 71 → 79 (+8)
2.67% more ownership
Funds ownership: 43.77% → 46.44% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
96% less call options, than puts
Call options by funds: $2K | Put options by funds: $49K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.42M |
| 2 |
BlackRock
New York
|
+$2.03M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$1.42M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.08M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.07M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$945K |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$501K |
| 4 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$322K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWMG
76
Private Wealth Management Group
Princeton,
New Jersey
| $1.05K | +$888 | +47 | New |
|
|
CAL
77
Capital Advisors Ltd
Shaker Heights,
Ohio
| $1K | – | – | – |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
79
Nisa Investment Advisors
St. Louis,
Missouri
| $224 | – | – | – |
|
|
80
Stifel Financial
St. Louis,
Missouri
| – | -$945K | -52,000 | Closed |
|
|
81
AllianceBernstein
Nashville,
Tennessee
| – | -$303K | -16,651 | Closed |
|
ALRS Hedge Fund Activity: Q4 2023 in Review
79 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q4 2023, worth a combined $206M — up 29% from $159M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ALRS positions and 2 closed out — a net gain of 8 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.42M. The largest seller was Goldman Sachs, cutting an estimated $2.07M.
- 79 institutional investors held Alerus Financial (ALRS) as of Q4 2023, up from 71 in Q3 2023.
- Funds reported $206M of Alerus Financial stock for Q4 2023, up 29% quarter-over-quarter.
- 10 funds opened new Alerus Financial positions in Q4 2023 and 2 closed out, a net change of +8 holders.
- The largest Alerus Financial buyer in Q4 2023 was Morgan Stanley, an estimated $2.42M added.
- The largest Alerus Financial seller in Q4 2023 was Goldman Sachs, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2023.