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Alerus Financial

135 hedge funds and large institutions have $327M invested in Alerus Financial in 2025 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 60 increasing their positions, 34 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

76% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 34

8% more capital invested

Capital invested by funds: $303M → $327M (+$24.3M)

7% more funds holding

Funds holding: 126135 (+9)

3.01% more ownership

Funds ownership: 55.1%58.11% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
135
Holders Change
+9
Holders Change %
+7.14%
% of All Funds
1.77%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
60
Reduced
34
Closed
9
Calls
$13K
Puts
Net Calls
+$13K
Net Calls Change
+$13K
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Alerus Financial
North Dakota
$51.3M +$3.09M +139,652 +6%
BlackRock
2
BlackRock
New York
$39.6M +$70.6K +3,184 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$28.1M +$372K +16,779 +1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$17.6M +$879K +39,652 +5%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$12.8M +$413K +18,653 +3%
ECA
6
Endeavour Capital Advisors
Connecticut
$11.4M
State Street
7
State Street
Massachusetts
$10.5M -$63.4K -2,862 -0.6%
Ameriprise
8
Ameriprise
Minnesota
$8.32M -$42.1K -1,900 -0.5%
AQR Capital Management
9
AQR Capital Management
Connecticut
$7.53M +$2.29M +103,522 +44%
Morgan Stanley
10
Morgan Stanley
New York
$6.82M +$1.12M +50,498 +20%
CL
11
Choreo LLC
Illinois
$6.53M +$2.79K +126 +0%
BFC
12
Banc Funds Company
Illinois
$6.25M -$2.57M -116,085 -29%
AllianceBernstein
13
AllianceBernstein
Tennessee
$6.07M -$177K -8,000 -3%
MI
14
M3F Inc
Utah
$5.81M +$1.01M +45,695 +21%
GWI
15
Grace & White Inc
New York
$5.67M
GJL
16
Gendell Jeffrey L
$5.17M
Wellington Management Group
17
Wellington Management Group
Massachusetts
$5M -$2.64M -119,130 -35%
Goldman Sachs
18
Goldman Sachs
New York
$4.81M +$2.09M +94,368 +77%
Charles Schwab
19
Charles Schwab
California
$4.68M +$338K +15,234 +8%
Northern Trust
20
Northern Trust
Illinois
$4.42M +$309K +13,934 +8%
CA
21
CSM Advisors
Pennsylvania
$4.08M -$133K -5,990 -3%
PFC
22
Phocas Financial Corp
California
$3.66M +$3.66M +165,370 New
CCM
23
Cutler Capital Management
Massachusetts
$3.28M -$177K -8,000 -5%
GF
24
Gabelli Funds
New York
$3.05M
American Century Companies
25
American Century Companies
Missouri
$2.78M -$23.6K -1,066 -0.8%

ALRS Hedge Fund Activity: Q3 2025 in Review

135 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q3 2025, worth a combined $327M — up 8% from $303M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ALRS positions and 9 closed out — a net gain of 9 holders — while 60 added to existing stakes and 34 trimmed.

The largest buyer was Phocas Financial Corp, opening a new position worth an estimated $3.66M. The largest seller was Wellington Management Group, cutting an estimated $2.64M.

  • 135 institutional investors held Alerus Financial (ALRS) as of Q3 2025, up from 126 in Q2 2025.
  • Funds reported $327M of Alerus Financial stock for Q3 2025, up 8% quarter-over-quarter.
  • 18 funds opened new Alerus Financial positions in Q3 2025 and 9 closed out, a net change of +9 holders.
  • The largest Alerus Financial buyer in Q3 2025 was Phocas Financial Corp, an estimated $3.66M added.
  • The largest Alerus Financial seller in Q3 2025 was Wellington Management Group, an estimated $2.64M sold.

Based on aggregated 13F filings for Q3 2025.