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Alerus Financial

78 hedge funds and large institutions have $185M invested in Alerus Financial in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 6

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

15% more funds holding

Funds holding: 6878 (+10)

11% more capital invested

Capital invested by funds: $166M → $185M (+$18.4M)

1.42% more ownership

Funds ownership: 40.35%41.77% (+1.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
78
Holders Change
+10
Holders Change %
+14.71%
% of All Funds
1.34%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
28
Reduced
19
Closed
6
Calls
$329K
Puts
Net Calls
+$329K
Net Calls Change
-$16K
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Alerus Financial
North Dakota
$50.2M -$1.47M -62,435 -3%
BlackRock
2
BlackRock
New York
$21.7M -$1.3M -55,261 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$18.7M +$4.14M +175,180 +26%
BFC
4
Banc Funds Company
Illinois
$12.8M +$8.76M +371,138 +178%
State Street
5
State Street
Massachusetts
$6.55M +$87.1K +3,690 +1%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$6.16M -$613K -25,988 -9%
Goldman Sachs
7
Goldman Sachs
New York
$5.97M +$719K +30,478 +13%
Ameriprise
8
Ameriprise
Minnesota
$5.57M +$280K +11,876 +5%
AllianceBernstein
9
AllianceBernstein
Tennessee
$5M +$5.34M +226,233 New
ECA
10
Endeavour Capital Advisors
Connecticut
$4M +$1M +42,415 +31%
Northern Trust
11
Northern Trust
Illinois
$3.47M +$16.6K +703 +0.4%
CCM
12
Cutler Capital Management
Massachusetts
$3.4M +$3.63M +153,866 New
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$3.21M +$474K +20,068 +16%
MPI
14
Mairs & Power Inc
Minnesota
$3.12M -$2.29K -97 -0.1%
RHCA
15
Rosenthal Henry Capital Advisors
Indiana
$2.82M +$3.02M +127,818 New
Charles Schwab
16
Charles Schwab
California
$2.68M +$343K +14,522 +14%
BCM
17
Bridgeway Capital Management
Texas
$2.62M +$889K +37,673 +47%
EPCA
18
Elizabeth Park Capital Advisors
Ohio
$2.4M -$192K -8,114 -7%
BFM
19
Boothbay Fund Management
New York
$1.92M +$2.05M +86,927 New
Bank of New York Mellon
20
Bank of New York Mellon
New York
$1.58M +$119K +5,038 +8%
Citadel Advisors
21
Citadel Advisors
Florida
$1.56M +$992K +42,028 +147%
Stifel Financial
22
Stifel Financial
Missouri
$1.44M
BCM
23
Basswood Capital Management
New York
$1.33M +$1.42M +60,240 New
American Century Companies
24
American Century Companies
Missouri
$1.33M +$245K +10,367 +21%
N
25
Nuveen
North Carolina
$1.21M -$23.4K -990 -2%

ALRS Hedge Fund Activity: Q3 2022 in Review

78 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q3 2022, worth a combined $185M — up 11% from $166M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new ALRS positions and 6 closed out — a net gain of 10 holders — while 28 added to existing stakes and 19 trimmed.

The largest buyer was Banc Funds Company, adding an estimated $8.76M. The largest seller was Alerus Financial, cutting an estimated $1.47M.

  • 78 institutional investors held Alerus Financial (ALRS) as of Q3 2022, up from 68 in Q2 2022.
  • Funds reported $185M of Alerus Financial stock for Q3 2022, up 11% quarter-over-quarter.
  • 16 funds opened new Alerus Financial positions in Q3 2022 and 6 closed out, a net change of +10 holders.
  • The largest Alerus Financial buyer in Q3 2022 was Banc Funds Company, an estimated $8.76M added.
  • The largest Alerus Financial seller in Q3 2022 was Alerus Financial, an estimated $1.47M sold.

Based on aggregated 13F filings for Q3 2022.