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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
79
Holders Change
+8
Holders Change %
+11.27%
% of All Funds
1.15%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
10
Increased
29
Reduced
22
Closed
2
Calls
$2K
Puts
$49K
Net Calls
-$47K
Net Calls Change
-$47K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$2.42M
2
BlackRock
BlackRock
New York
+$2.03M
3
BFM
Boothbay Fund Management
New York
+$1.42M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$1.08M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$698K

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$2.07M
2
Stifel Financial
Stifel Financial
Missouri
-$945K
3
Brown Advisory
Brown Advisory
Maryland
-$501K
4
MPI
Mairs & Power Inc
Minnesota
-$322K
5
AllianceBernstein
AllianceBernstein
Tennessee
-$303K
Name Holding Trade Value Shares
Change 		Change in
Stake
AF
1
Alerus Financial
North Dakota
$50.6M +$227K +12,026 +0.5%
BlackRock
2
BlackRock
New York
$32.9M +$2.03M +107,460 +8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$20.1M +$698K +36,968 +4%
BFC
4
Banc Funds Company
Illinois
$13.1M – – –
Geode Capital Management
5
Geode Capital Management
Massachusetts
$8.47M +$142K +7,495 +2%
State Street
6
State Street
Massachusetts
$7.49M +$74.8K +3,961 +1%
Ameriprise
7
Ameriprise
Minnesota
$7.39M +$74.1K +3,921 +1%
Brown Advisory
8
Brown Advisory
Maryland
$5.78M -$501K -26,517 -9%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$5.69M +$1.08M +57,279 +29%
ECA
10
Endeavour Capital Advisors
Connecticut
$4.83M +$358K +18,961 +10%
Northern Trust
11
Northern Trust
Illinois
$4.11M +$172K +9,082 +5%
Morgan Stanley
12
Morgan Stanley
New York
$4.07M +$2.42M +128,177 +239%
CCM
13
Cutler Capital Management
Massachusetts
$3.53M +$15.7K +829 +0.5%
Charles Schwab
14
Charles Schwab
California
$3.09M -$65K -3,442 -2%
American Century Companies
15
American Century Companies
Missouri
$3.08M +$48.7K +2,581 +2%
ACM
16
Ategra Capital Management
Virginia
$3.01M -$102K -5,409 -4%
MPI
17
Mairs & Power Inc
Minnesota
$2.78M -$322K -17,025 -12%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$2.76M +$476K +25,195 +26%
BCM
19
Bridgeway Capital Management
Texas
$2.44M +$137K +7,246 +7%
BFM
20
Boothbay Fund Management
New York
$1.68M +$1.42M +75,000 New
BCM
21
Basswood Capital Management
New York
$1.35M – – –
SCA
22
Sippican Capital Advisors
Massachusetts
$1.35M +$550K +29,115 +94%
WFL
23
Wealth Forward LLC
North Dakota
$1.24M +$1.05M +55,479 New
Goldman Sachs
24
Goldman Sachs
New York
$1.15M -$2.07M -109,360 -68%
N
25
Nuveen
North Carolina
$1.01M +$176K +9,329 +26%
1
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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.