Q1 2025 · 13F-HR
ALERUS FINANCIAL NAholdings as filed
Filed 2025-05-13 · accession 0000919458-25-000002
$1.25B
Reported value
160
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908363 | VOO | VANGUARD INDEX FDS | $133.7M | 10.7% | 260,216 | Common | SOLE |
| 25434V880 | DFAX | DIMENSIONAL ETF TRUST | $92.6M | 7.42% | 3,535,218 | Common | SOLE |
| 464287226 | AGG | ISHARES TRUST | $76.4M | 6.12% | 772,570 | Common | SOLE |
| 46432F834 | IXUS | ISHARES TRUST | $74.6M | 5.97% | 1,068,381 | Common | SOLE |
| 037833100 | AAPL | APPLE COMPUTER | $46.2M | 3.70% | 208,012 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT INC | $40.5M | 3.24% | 107,842 | Common | SOLE |
| 01446U103 | ALRS | ALERUS FINANCIAL CORP | $39.6M | 3.17% | 2,145,669 | Common | SOLE |
| 67066G104 | NVDA | NIVIDIA CORP | $37.5M | 3.00% | 346,228 | Common | SOLE |
| 464287499 | IWR | ISHARES RUSSELL MIDCAP | $33.4M | 2.67% | 392,589 | Common | SOLE |
| 92206C813 | VCLT | VANGUARD SCOTTSDALE FDS | $30.8M | 2.46% | 405,604 | Common | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $26.1M | 2.09% | 155,842 | Common | SOLE |
| 023135106 | AMZN | AMAZON.COM INC | $22.1M | 1.77% | 116,013 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $20.8M | 1.66% | 134,266 | Common | SOLE |
| 46625H100 | JPM | JP MORGAN CHASE & CO | $20.6M | 1.65% | 84,019 | Common | SOLE |
| 532457108 | LLY | LILLY ELI & CO | $16.0M | 1.28% | 19,345 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $14.1M | 1.13% | 24,394 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $13.9M | 1.11% | 51,027 | Common | SOLE |
| 30231G102 | XOM | EXXON MOBIL CORP COM | $13.6M | 1.09% | 114,720 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $12.5M | 1.00% | 48,338 | Common | SOLE |
| 842587107 | SO | SOUTHERN COMPANY | $12.3M | 0.99% | 133,891 | Common | SOLE |
| 00206R102 | T | AT&T INC | $11.6M | 0.93% | 410,155 | Common | SOLE |
| 459200101 | IBM | IBM | $11.4M | 0.91% | 45,837 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY | $11.0M | 0.88% | 20,594 | Common | SOLE |
| 38150K103 | AAAU | GOLDMAN SACHS PHYSICAL GOLD | $10.9M | 0.87% | 351,739 | Common | SOLE |
| 904767704 | — | UNILEVER PLC ADR | $10.9M | 0.87% | 182,308 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $10.4M | 0.83% | 49,449 | Common | SOLE |
| 874054109 | TTWO | TAKE-2 INTERACTIVE SOFTWAR | $10.2M | 0.82% | 49,395 | Common | SOLE |
| 478160104 | JNJ | JOHNSON AND JOHNSON | $9.3M | 0.75% | 56,124 | Common | SOLE |
| 464287432 | TLT | ISHARES TR | $9.2M | 0.74% | 101,379 | Common | SOLE |
| 03073E105 | COR | CENCORA INC | $8.9M | 0.71% | 32,105 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYSTEMS | $8.8M | 0.70% | 142,626 | Common | SOLE |
| 127387108 | CDNS | CADENCE DESIGN SYSTEM INC | $8.6M | 0.69% | 33,927 | Common | SOLE |
| 101137107 | BSX | BOSTON SCIENTIFIC CORP | $8.6M | 0.69% | 85,499 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $7.9M | 0.63% | 8,479 | Common | SOLE |
| 81369Y506 | XLE | SELECT SECTOR SPDR ETF | $7.8M | 0.62% | 83,339 | Common | SOLE |
| 369604301 | GE | GENERAL ELECTRIC CO | $7.8M | 0.62% | 38,852 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $7.8M | 0.62% | 14,809 | Common | SOLE |
| 166764100 | CVX | CHEVRON TEXACO | $7.6M | 0.61% | 45,218 | Common | SOLE |
| 701094104 | PH | PARKER HANNIFEN CORPORATION | $7.3M | 0.58% | 11,972 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATION | $7.3M | 0.58% | 160,322 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $7.2M | 0.58% | 61,676 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $7.2M | 0.58% | 300,770 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO & CO NEW CO | $7.1M | 0.57% | 99,522 | Common | SOLE |
| 086516101 | BBY | BEST BUY INC | $7.1M | 0.57% | 96,208 | Common | SOLE |
| 88579Y101 | MMM | 3M COMPANY | $6.9M | 0.56% | 47,320 | Common | SOLE |
| 253868103 | DLR | DIGITAL RLTY TR INC | $6.6M | 0.53% | 45,897 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $6.6M | 0.52% | 142,894 | Common | SOLE |
| 189054109 | CLX | CLOROX CO DEL | $6.3M | 0.51% | 43,044 | Common | SOLE |
| 422806109 | HEI | HEICO CORP NEW | $6.3M | 0.51% | 23,693 | Common | SOLE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $6.3M | 0.50% | 12,696 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $6.2M | 0.50% | 70,598 | Common | SOLE |
| 42824C109 | HPE | HEWLETT PACKARD ENTERPRISE C | $6.1M | 0.49% | 397,350 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $6.0M | 0.48% | 10,969 | Common | SOLE |
| 78409V104 | SPGI | S&P GLOBAL INC | $5.8M | 0.47% | 11,445 | Common | SOLE |
| 744320102 | PRU | PRUDENTIAL FINANCIAL IN | $5.7M | 0.46% | 50,958 | Common | SOLE |
| 942622200 | WSO | WATSCO INC | $5.6M | 0.45% | 11,021 | Common | SOLE |
| 418056107 | HAS | HASBRO INC | $5.5M | 0.44% | 89,785 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE GROUP INC | $5.0M | 0.40% | 35,777 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $5.0M | 0.40% | 10,357 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $4.9M | 0.39% | 27,472 | Common | SOLE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $4.8M | 0.39% | 18,695 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $4.5M | 0.36% | 5,639 | Common | SOLE |
| 579780206 | MKC | MCCORMICK & CO INC | $4.5M | 0.36% | 54,386 | Common | SOLE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHAN | $4.4M | 0.35% | 25,372 | Common | SOLE |
| 595017104 | MCHP | MICROCHIP TECHNOLOGY INC. | $4.3M | 0.35% | 89,617 | Common | SOLE |
| 911363109 | URI | UNITED RENTALS INC | $4.2M | 0.34% | 6,773 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $4.2M | 0.33% | 48,121 | Common | SOLE |
| 74251V102 | PFG | PRINCIPAL FINANCIAL GROUP IN | $4.1M | 0.33% | 49,170 | Common | SOLE |
| 571748102 | MRSH | MARSH & MCLENNAN COS INC | $3.8M | 0.30% | 15,600 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $3.7M | 0.30% | 10,084 | Common | SOLE |
| 92537N108 | VRT | VERTIV HOLDINGS CO | $3.6M | 0.29% | 50,128 | Common | SOLE |
| 92826C839 | V | VISA INC | $3.6M | 0.29% | 10,203 | Common | SOLE |
| 060505104 | BAC | BANK OF AMERICA | $3.5M | 0.28% | 83,820 | Common | SOLE |
| 064058100 | BK | BANK NEW YORK MELLON CORP | $3.5M | 0.28% | 41,243 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $3.4M | 0.28% | 14,592 | Common | SOLE |
| 617446448 | MS | MORGAN STANLEY | $3.3M | 0.26% | 28,098 | Common | SOLE |
| G5960L103 | MDT | MEDTRONIC HLDG PLC | $3.2M | 0.26% | 35,755 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $3.2M | 0.25% | 22,715 | Common | SOLE |
| 16411R208 | LNG | CHENIERE ENERGY INC | $3.1M | 0.25% | 13,256 | Common | SOLE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $3.1M | 0.24% | 15,133 | Common | SOLE |
| 26614N102 | DD | DUPONT DE NEMOURS INC | $3.0M | 0.24% | 40,763 | Common | SOLE |
| 59156R108 | MET | METLIFE INC | $3.0M | 0.24% | 37,747 | Common | SOLE |
| 857477103 | STT | STATE STR CORP | $2.9M | 0.24% | 32,903 | Common | SOLE |
| 316773100 | FITB | FIFTH THIRD BANCORP | $2.9M | 0.24% | 74,999 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORPORATION DEL | $2.9M | 0.23% | 72,287 | Common | SOLE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $2.9M | 0.23% | 57,979 | Common | SOLE |
| 22160K105 | COST | COSTCO WHSL CORP | $2.8M | 0.23% | 2,978 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $2.8M | 0.22% | 29,195 | Common | SOLE |
| M2682V108 | CYBR | CYBERARK SOFTWARE LTD | $2.7M | 0.22% | 8,074 | Common | SOLE |
| G54950103 | LIN | LINDE PLC | $2.7M | 0.22% | 5,841 | Common | SOLE |
| 464287200 | IVV | ISHARES TRUST | $2.7M | 0.21% | 4,730 | Common | SOLE |
| 974155103 | WING | WINGSTOP INC | $2.6M | 0.21% | 11,710 | Common | SOLE |
| 29452E101 | EQH | EQUITABLE HLDGS INC | $2.4M | 0.19% | 46,560 | Common | SOLE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $2.4M | 0.19% | 13,891 | Common | SOLE |
| 67103H107 | ORLY | OREILLY AUTOMOTIVE INC | $2.4M | 0.19% | 1,646 | Common | SOLE |
| 81369Y100 | XLB | SELECT SECTOR SPDR EFT | $2.3M | 0.19% | 26,979 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $2.1M | 0.17% | 18,108 | Common | SOLE |
| 464287309 | IVW | ISHARES S&P 500 GROWTH | $2.1M | 0.17% | 22,464 | Common | SOLE |
| 631103108 | NDAQ | NASDAQ INC | $2.1M | 0.16% | 27,155 | Common | SOLE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $2.0M | 0.16% | 39,217 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $1.9M | 0.15% | 24,208 | Common | SOLE |
| 922908637 | VV | VANGUARD INDEX FDS | $1.5M | 0.12% | 5,705 | Common | SOLE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $1.5M | 0.12% | 13,274 | Common | SOLE |
| G7997R103 | STX | SEAGATE TECHNOLOGY HOLDINGS PL | $1.4M | 0.11% | 16,505 | Common | SOLE |
| 92276F100 | VTR | VENTAS INC | $1.3M | 0.11% | 19,607 | Common | SOLE |
| 191216100 | KO | COCA COLA COMPANY | $1.3M | 0.11% | 18,767 | Common | SOLE |
| 76131D103 | QSR | RESTURANT BRANDS INTERNATIONAL INC | $1.2M | 0.09% | 17,599 | Common | SOLE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC | $1.1M | 0.09% | 2,296 | Common | SOLE |
| 78462F103 | SPY | SPDR S &P 500 ETF TR | $1.1M | 0.09% | 1,951 | Common | SOLE |
| 244199105 | DE | DEERE & CO | $1.0M | 0.08% | 2,179 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $1.0M | 0.08% | 21,191 | Common | SOLE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $934,407 | 0.07% | 3,473 | Common | SOLE |
| 550021109 | LULU | LULULEMON ATHLETICA INC | $934,357 | 0.07% | 3,301 | Common | SOLE |
| 679295105 | OKTA | OKTA INCORPORATION | $933,615 | 0.07% | 8,873 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $906,574 | 0.07% | 10,100 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $892,365 | 0.07% | 4,353 | Common | SOLE |
| 882508104 | TXN | TEXAS INSTRUMENTS INC | $877,117 | 0.07% | 4,881 | Common | SOLE |
| 038336103 | ATR | APTARGROUP INC | $834,341 | 0.07% | 5,623 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC | $830,646 | 0.07% | 2,662 | Common | SOLE |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $792,333 | 0.06% | 2,422 | Common | SOLE |
| 464287655 | IWM | ISHARES TRUST | $727,141 | 0.06% | 3,645 | Common | SOLE |
| 464287507 | IJH | ISHARES TRUST | $720,623 | 0.06% | 12,350 | Common | SOLE |
| 92206C870 | VCIT | VANGUARD SCOTTSDALE FDS | $693,570 | 0.06% | 8,483 | Common | SOLE |
| 29444U700 | EQIX | EQUINIX INC | $683,263 | 0.05% | 838 | Common | SOLE |
| 922908629 | VO | VANGUARD INDEX FDS | $649,136 | 0.05% | 2,510 | Common | SOLE |
| 95082P105 | WCC | WESCO INTL INC | $630,676 | 0.05% | 4,061 | Common | SOLE |
| 681919106 | OMC | OMNICOM GROUP INC | $609,637 | 0.05% | 7,353 | Common | SOLE |
| 464287606 | IJK | ISHARES TRUST | $565,472 | 0.05% | 6,790 | Common | SOLE |
| 464288885 | EFG | ISHARES TRUST | $530,000 | 0.04% | 5,300 | Common | SOLE |
| 464287440 | IEF | ISHARES TR | $521,102 | 0.04% | 5,464 | Common | SOLE |
| 153527205 | CENTA | CENTRAL GARDEN & PET CO | $472,130 | 0.04% | 14,425 | Common | SOLE |
| H1467J104 | CB | CHUBB LIMITED | $460,537 | 0.04% | 1,525 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHERN CORP | $450,963 | 0.04% | 1,904 | Common | SOLE |
| 464287168 | DVY | ISHARES TRUST | $443,695 | 0.04% | 3,304 | Common | SOLE |
| 747525103 | QCOM | QUALCOMM INC | $438,096 | 0.04% | 2,852 | Common | SOLE |
| 46138J791 | BSCQ | INVESCO EXCH TRD SLF IDX FD | $437,716 | 0.04% | 22,470 | Common | SOLE |
| 464287804 | IJR | ISHARES TRUST | $397,052 | 0.03% | 3,797 | Common | SOLE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $389,204 | 0.03% | 4,936 | Common | SOLE |
| 902973304 | USB | US BANCORP DEL | $350,848 | 0.03% | 8,310 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE COMP | $348,679 | 0.03% | 2,046 | Common | SOLE |
| 35671D857 | FCX | FREEPORT-MCMORAN COPPER & GOLD | $331,085 | 0.03% | 8,745 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $328,113 | 0.03% | 5,565 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $326,628 | 0.03% | 4,601 | Common | SOLE |
| 002824100 | ABT | ABBOTT LABORATORIES | $306,686 | 0.02% | 2,312 | Common | SOLE |
| 007903107 | AMD | ADVANCED MIRCO DEVICES INC | $296,920 | 0.02% | 2,890 | Common | SOLE |
| 98389B100 | XEL | XCEL ENERGY INC | $280,400 | 0.02% | 3,961 | Common | SOLE |
| 278865100 | ECL | ECOLAB INC | $279,379 | 0.02% | 1,102 | Common | SOLE |
| 291011104 | EMR | EMERSON ELECTIC CO | $270,483 | 0.02% | 2,467 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $247,548 | 0.02% | 665 | Common | SOLE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $246,228 | 0.02% | 3,507 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $225,583 | 0.02% | 684 | Common | SOLE |
| 548661107 | LOW | LOWES COS INC | $225,067 | 0.02% | 965 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR ETF | $219,695 | 0.02% | 1,064 | Common | SOLE |
| 00724F101 | ADBE | ADOBE SYSTEMS INC | $213,244 | 0.02% | 556 | Common | SOLE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $207,626 | 0.02% | 1,422 | Common | SOLE |
| 018522300 | AEBA | ALLETE INC | $204,392 | 0.02% | 3,111 | Common | SOLE |
| 98212N107 | WRAP | WRAP TECHNOLOGIES INC | $167,170 | 0.01% | 97,760 | Common | SOLE |
| 45824Q606 | — | GLUCOTRACK INC | $52,350 | 0.00% | 300,000 | Common | SOLE |
| 69181V107 | OXSQ | OXFORD SQUARE CAP CORP | $26,100 | 0.00% | 10,000 | Common | SOLE |
| 11161T207 | BWEN | BROADWIND INC | $19,197 | 0.00% | 13,239 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.