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Alerus Financial

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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 8993 (+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

Holders
93
Holders Change
+4
Holders Change %
+4.49%
% of All Funds
1.34%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
18
Increased
38
Reduced
20
Closed
13
Calls
Puts
$8K
Net Calls
-$8K
Net Calls Change
-$8K
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Alerus Financial
North Dakota
$41.9M -$2.43M -123,250 -5%
BlackRock
2
BlackRock
New York
$32.9M +$4.92M +249,438 +17%
Vanguard Group
3
Vanguard Group
Pennsylvania
$18.2M +$321K +16,260 +2%
BFC
4
Banc Funds Company
Illinois
$10.7M
Geode Capital Management
5
Geode Capital Management
Massachusetts
$7.85M +$260K +13,187 +3%
Ameriprise
6
Ameriprise
Minnesota
$7M +$137K +6,930 +2%
State Street
7
State Street
Massachusetts
$6.9M +$15.1K +766 +0.2%
ECA
8
Endeavour Capital Advisors
Connecticut
$5.66M +$1.45M +73,342 +34%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$5.38M +$144K +7,300 +3%
Northern Trust
10
Northern Trust
Illinois
$3.37M -$113K -5,723 -3%
American Century Companies
11
American Century Companies
Missouri
$3.23M -$469K -23,791 -13%
CCM
12
Cutler Capital Management
Massachusetts
$3.12M +$15.2K +771 +0.5%
Charles Schwab
13
Charles Schwab
California
$2.83M +$50.1K +2,542 +2%
BCM
14
Bridgeway Capital Management
Texas
$2.45M +$60.3K +3,060 +3%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$2.42M +$105K +5,323 +5%
Citadel Advisors
16
Citadel Advisors
Florida
$1.93M +$1.94M +98,354 New
MPI
17
Mairs & Power Inc
Minnesota
$1.92M -$519K -26,330 -21%
ZIM
18
Zacks Investment Management
Illinois
$1.88M +$258K +13,068 +16%
KTA
19
Keeley-Teton Advisors
Illinois
$1.76M +$1.77M +89,821 New
Goldman Sachs
20
Goldman Sachs
New York
$1.55M +$802K +40,693 +106%
SCA
21
Sippican Capital Advisors
Massachusetts
$1.51M +$187K +9,470 +14%
Los Angeles Capital Management
22
Los Angeles Capital Management
California
$1.37M -$166K -8,405 -11%
Two Sigma Investments
23
Two Sigma Investments
New York
$1.23M +$1.24M +62,813 New
BCM
24
Basswood Capital Management
New York
$1.18M
Morgan Stanley
25
Morgan Stanley
New York
$1.15M -$9.96K -505 -0.9%

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.