Alerus Financial
ALRS
93 hedge funds and large institutions have $187M invested in Alerus Financial in 2024 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
90% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 20
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 89 → 93 (+4)
0.43% more ownership
Funds ownership: 47.69% → 48.12% (+0.43%)
9% less capital invested
Capital invested by funds: $206M → $187M (-$18.9M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.92M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.94M |
| 3 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$1.77M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$1.45M |
| 5 |
Two Sigma Investments
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$5.73M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$4.02M |
| 3 |
AF
Alerus Financial
Grand Forks,
North Dakota
|
-$2.43M |
| 4 |
PFO
PMC FIG Opportunities
Jerusalem,
Israel
|
-$2.31M |
| 5 |
JP Morgan Chase
New York
|
-$572K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
SG Americas Securities
New York
| – | -$137K | -6,298 | Closed |
|
|
IGWM
102
ICA Group Wealth Management
Denver,
Colorado
| – | -$78.6K | -3,600 | Closed |
|
|
SO
103
STRS Ohio
Columbus,
Ohio
| – | -$74K | -3,400 | Closed |
|
|
MLICM
104
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$20.3K | -929 | Closed |
|
|
CPG
105
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$779 | -39 | Closed |
|
ALRS Hedge Fund Activity: Q2 2024 in Review
93 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q2 2024, worth a combined $187M — down 9.2% from $206M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new ALRS positions and 13 closed out — a net gain of 5 holders — while 38 added to existing stakes and 20 trimmed.
The largest buyer was BlackRock, adding an estimated $4.92M. The largest seller was Brown Advisory, exiting entirely with an estimated $5.73M sold.
- 93 institutional investors held Alerus Financial (ALRS) as of Q2 2024, up from 89 in Q1 2024.
- Funds reported $187M of Alerus Financial stock for Q2 2024, down 9.2% quarter-over-quarter.
- 18 funds opened new Alerus Financial positions in Q2 2024 and 13 closed out, a net change of +5 holders.
- The largest Alerus Financial buyer in Q2 2024 was BlackRock, an estimated $4.92M added.
- The largest Alerus Financial seller in Q2 2024 was Brown Advisory, an estimated $5.73M sold.
Based on aggregated 13F filings for Q2 2024.