We are live on ! Find out more
ALRS icon

Alerus Financial
ALRS

149 hedge funds and large institutions have $375M invested in Alerus Financial in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

8% more capital invested

Capital invested by funds: $347M → $375M (+$28.6M)

5% more funds holding

Funds holding: 142 → 149 (+7)

1.69% more ownership

Funds ownership: 60.64% → 62.33% (+1.7%)

6% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 48

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
149
Holders Change
+7
Holders Change %
+4.93%
% of All Funds
1.83%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
18
Increased
51
Reduced
48
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
SCA
Stieven Capital Advisors
Missouri
+$8.22M
2
BFC
Banc Funds Company
Illinois
+$3.25M
3
American Century Companies
American Century Companies
Missouri
+$3.09M
4
EF
Empowered Funds
Pennsylvania
+$1.99M
5
BCM
Bridgeway Capital Management
Texas
+$1.84M

Top Sellers

1
Two Sigma Investments
Two Sigma Investments
New York
-$2M
2
Marshall Wace
Marshall Wace
United Kingdom
-$1.96M
3
PFC
Phocas Financial Corp
California
-$1.78M
4
GI
GAMCO Investors
Connecticut
-$1.58M
5
FCM
FJ Capital Management
Virginia
-$1.51M
Name Holding Trade Value Shares
Change 		Change in
Stake
AF
1
Alerus Financial
North Dakota
$53.2M -$1.15M -47,458 -2%
BlackRock
2
BlackRock
New York
$41.7M -$986K -40,690 -2%
VCM
3
Vanguard Capital Management
Pennsylvania
$22.8M +$23.3M +961,776 New
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$21M +$1.38M +56,763 +7%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$14.6M +$346K +14,284 +2%
ECA
6
Endeavour Capital Advisors
Connecticut
$13.3M +$1.11M +45,697 +9%
State Street
7
State Street
Massachusetts
$11.8M +$415K +17,132 +4%
MI
8
M3F Inc
Utah
$9.89M +$144K +5,945 +1%
Ameriprise
9
Ameriprise
Minnesota
$9.1M +$107K +4,400 +1%
Goldman Sachs
10
Goldman Sachs
New York
$8.69M +$1.66M +68,467 +23%
BFC
11
Banc Funds Company
Illinois
$8.28M +$3.25M +134,198 +62%
SCA
12
Stieven Capital Advisors
Missouri
$8.04M +$8.22M +338,924 New
American Century Companies
13
American Century Companies
Missouri
$7.35M +$3.09M +127,590 +70%
CL
14
Choreo LLC
Illinois
$7.02M -$21.6K -890 -0.3%
Morgan Stanley
15
Morgan Stanley
New York
$6.47M -$766K -31,613 -10%
AQR Capital Management
16
AQR Capital Management
Connecticut
$6.38M -$1.31M -53,915 -17%
PFC
17
Phocas Financial Corp
California
$6.19M -$1.78M -73,461 -22%
Wellington Management Group
18
Wellington Management Group
Massachusetts
$5.74M -$84.3K -3,476 -1%
GJL
19
Gendell Jeffrey L
$5.54M – – –
AllianceBernstein
20
AllianceBernstein
Tennessee
$5.47M -$21.8K -900 -0.4%
GWI
21
Grace & White Inc
New York
$5.41M -$682K -28,125 -11%
Charles Schwab
22
Charles Schwab
California
$4.87M -$45.5K -1,876 -0.9%
CA
23
CSM Advisors
Pennsylvania
$4.76M -$24.4K -1,005 -0.5%
Northern Trust
24
Northern Trust
Illinois
$4.61M +$304K +12,529 +7%
VPM
25
Vanguard Portfolio Management
Pennsylvania
$4.17M +$4.26M +175,931 New
1
2 3 4 5

ALRS Hedge Fund Activity: Q1 2026 in Review

149 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Alerus Financial (ALRS) for Q1 2026, worth a combined $375M — up 8.2% from $347M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ALRS positions and 10 closed out — a net gain of 8 holders — while 51 added to existing stakes and 48 trimmed.

The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $8.22M. The largest seller was Two Sigma Investments, cutting an estimated $2M.

  • 149 institutional investors held Alerus Financial (ALRS) as of Q1 2026, up from 142 in Q4 2025.
  • Funds reported $375M of Alerus Financial stock for Q1 2026, up 8.2% quarter-over-quarter.
  • 18 funds opened new Alerus Financial positions in Q1 2026 and 10 closed out, a net change of +8 holders.
  • The largest Alerus Financial buyer in Q1 2026 was Stieven Capital Advisors, an estimated $8.22M added.
  • The largest Alerus Financial seller in Q1 2026 was Two Sigma Investments, an estimated $2M sold.

Based on aggregated 13F filings for Q1 2026.