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Alerus Financial

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.

New
Increased
Maintained
Reduced
Closed

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: 6054 (-6)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Holders
54
Holders Change
-6
Holders Change %
-10%
% of All Funds
1.09%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
4
Increased
20
Reduced
14
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Alerus Financial
North Dakota
$40.8M +$878K +43,355 +2%
BlackRock
2
BlackRock
New York
$15.2M +$726K +35,852 +5%
ECA
3
Endeavour Capital Advisors
Connecticut
$8.63M -$91.1K -4,500 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$7.57M +$1.59M +78,302 +25%
Goldman Sachs
5
Goldman Sachs
New York
$6.88M +$633K +31,277 +10%
State Street
6
State Street
Massachusetts
$4.47M +$153K +7,546 +3%
Northern Trust
7
Northern Trust
Illinois
$4.31M +$236K +11,633 +6%
MI
8
M3F Inc
Utah
$4.29M -$1.2M -59,408 -21%
BFC
9
Banc Funds Company
Illinois
$4.21M
Brown Advisory
10
Brown Advisory
Maryland
$3.93M -$20.4K -1,006 -0.5%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$3.47M +$1.22M +60,437 +52%
RHCA
12
Rosenthal Henry Capital Advisors
Indiana
$2.35M
Charles Schwab
13
Charles Schwab
California
$1.7M +$876K +43,248 +100%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$1.59M +$48.4K +2,388 +3%
N
15
Nuveen
North Carolina
$1.38M +$268K +13,245 +23%
Stifel Financial
16
Stifel Financial
Missouri
$1.08M -$305K -15,054 -21%
Wells Fargo
17
Wells Fargo
California
$759K +$283K +13,977 +57%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$750K +$224K +11,072 +41%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$746K +$249K +12,295 +48%
First Trust Advisors
20
First Trust Advisors
Illinois
$713K +$737K +36,367 New
ZCM
21
Zebra Capital Management
Connecticut
$598K +$618K +30,493 New
FAAS
22
First Allied Advisory Services
California
$573K
MAM
23
Martingale Asset Management
Massachusetts
$571K +$589K +29,100 New
HSBC Holdings
24
HSBC Holdings
United Kingdom
$480K +$123K +6,066 +32%
MCM
25
Maltese Capital Management
New York
$472K -$3.16M -155,915 -87%

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.