ALERUS FINANCIAL CORP - ALRS

Detailed investor-level table based on 13F positions.
Early Q1 2026 data: only 18 institutional holders reported so far. The full shareholder list will grow as more funds file with the SEC.

Shareholders (13F)

Quarter: Q4 2025 · Compare: Q3 2025
13D/13G major owners: Ownership tab.
Methodology: Market value and % of portfolio use SEC reported VALUE ($000). For PUT/CALL positions this reflects reported underlying exposure, not premium cash paid/received. Details.
Rows: 0
Investor History Status Shares held Market value ($000) % of portfolio Previous % Rank Change in shares % change in shares Source Date reported
ALERUS FINANCIAL NA History Reduced 2,289,199 51,552 2.52% 2.61% 1 -26,237 -1.13% Q4 2025 Feb 13, 2026
BlackRock, Inc. History Added to 1,801,441 40,568 0.0% 0.0% 2 +11,749 0.66% Q4 2025 Feb 12, 2026
VANGUARD GROUP INC History Added to 1,289,690 29,043 0.0% 0.0% 3 +20,437 1.61% Q4 2025 Jan 29, 2026
DIMENSIONAL FUND ADVISORS LP History Added to 830,052 18,692 0.0% 0.0% 4 +33,359 4.19% Q4 2025 Feb 12, 2026
GEODE CAPITAL MANAGEMENT, LLC History Added to 603,392 13,591 0.0% 0.0% 5 +23,403 4.04% Q4 2025 Feb 09, 2026
ENDEAVOUR CAPITAL ADVISORS INC History Added to 516,532 11,632 3.24% 3.44% 6 +2,597 0.51% Q4 2025 Feb 09, 2026
STATE STREET CORP History Added to 476,030 10,819 0.0% 0.0% 7 +4,284 0.91% Q4 2025 Feb 13, 2026
M3F, Inc. History Added to 411,163 9,259 2.54% 1.65% 8 +148,760 56.69% Q4 2025 Feb 13, 2026
AMERIPRISE FINANCIAL INC History Added to 379,540 8,547 0.0% 0.0% 9 +3,695 0.98% Q4 2025 Feb 17, 2026
Phocas Financial Corp. History Added to 334,357 7,529 0.98% 0.47% 10 +168,987 102.19% Q4 2025 Jan 26, 2026
AQR CAPITAL MANAGEMENT LLC History Reduced 323,080 7,275 0.0% 0.0% 11 -17,162 -5.04% Q4 2025 Feb 17, 2026
MORGAN STANLEY History Reduced 304,602 6,859 0.0% 0.0% 12 -3,654 -1.19% Q4 2025 Feb 13, 2026
GOLDMAN SACHS GROUP INC History Added to 298,060 6,712 0.0% 0.0% 13 +80,599 37.06% Q4 2025 Mar 25, 2026
CHOREO, LLC History Reduced 294,571 6,559 0.08% 0.09% 14 -97 -0.03% Q4 2025 Jan 23, 2026
GRACE & WHITE INC /NY History No change 256,233 5,770 1.03% 1.0% 15 0 0.0% Q4 2025 Jan 26, 2026
WELLINGTON MANAGEMENT GROUP LLP History Added to 245,497 5,528 0.0% 0.0% 16 +19,490 8.62% Q4 2025 Feb 17, 2026
ALLIANCEBERNSTEIN L.P. History Reduced 243,581 5,485 0.0% 0.0% 17 -30,500 -11.13% Q4 2025 Feb 17, 2026
GENDELL JEFFREY L History No change 233,700 5,262 0.09% 0.1% 18 0 0.0% Q4 2025 Feb 13, 2026
BANC FUNDS CO LLC History Reduced 214,967 4,841 0.96% 1.09% 19 -67,486 -23.89% Q4 2025 Feb 12, 2026
CHARLES SCHWAB INVESTMENT MANAGEMENT INC History Reduced 207,200 4,666 0.0% 0.0% 20 -4,169 -1.97% Q4 2025 Feb 13, 2026
CSM Advisors, LLC History Added to 201,940 4,548 0.12% 0.11% 21 +17,460 9.46% Q4 2025 Feb 11, 2026
AMERICAN CENTURY COMPANIES INC History Added to 182,533 4,110 0.0% 0.0% 22 +57,035 45.45% Q4 2025 Feb 13, 2026
NORTHERN TRUST CORP History Reduced 181,935 4,097 0.0% 0.0% 23 -17,499 -8.77% Q4 2025 Feb 17, 2026
Qube Research & Technologies Ltd History Added to 140,579 3,165 0.0% 0.0% 24 +30,411 27.6% Q4 2025 Feb 17, 2026
Cutler Capital Management, LLC History Reduced 138,000 3,107 0.91% 1.04% 25 -10,000 -6.76% Q4 2025 Feb 13, 2026
GABELLI FUNDS LLC History New 137,821 3,103 0.02% 26 +137,821 New Q4 2025 Feb 05, 2026
RENAISSANCE TECHNOLOGIES LLC History Added to 119,012 2,680 0.0% 0.0% 27 +29,933 33.6% Q4 2025 Feb 12, 2026
Bank of New York Mellon Corp History Added to 119,042 2,680 0.0% 0.0% 28 +7,400 6.63% Q4 2025 Feb 10, 2026
TWO SIGMA INVESTMENTS, LP History Added to 117,914 2,655 0.0% 0.0% 29 +23,583 25.0% Q4 2025 Feb 17, 2026
Sippican Capital Advisors History Added to 113,841 2,563 1.65% 1.64% 30 +1,975 1.77% Q4 2025 Jan 23, 2026
LOS ANGELES CAPITAL MANAGEMENT LLC History Added to 103,334 2,191 0.01% 0.01% 31 +7,898 8.28% Q4 2025 Feb 11, 2026
ACADIAN ASSET MANAGEMENT LLC History Added to 90,806 2,043 0.0% 0.0% 32 +110 0.12% Q4 2025 Feb 10, 2026
MARSHALL WACE, LLP History Added to 87,178 1,963 0.0% 0.0% 33 +28,480 48.52% Q4 2025 Feb 13, 2026
GAMCO INVESTORS, INC. ET AL History Reduced 85,093 1,916 0.02% 0.02% 34 -10,324 -10.82% Q4 2025 Feb 05, 2026
MARTINGALE ASSET MANAGEMENT L P History Added to 80,750 1,818 0.05% 0.04% 35 +4,001 5.21% Q4 2025 Feb 13, 2026
FIRST TRUST ADVISORS LP History Added to 80,705 1,817 0.0% 0.0% 36 +2,020 2.57% Q4 2025 Feb 13, 2026
MAIRS & POWER INC History Reduced 79,436 1,788 0.02% 0.02% 37 -7,387 -8.51% Q4 2025 Feb 17, 2026
JPMORGAN CHASE & CO History Added to 75,773 1,706 0.0% 0.0% 38 +2,754 3.77% Q4 2025 Feb 11, 2026
CWM, LLC History Added to 73,596 1,657 0.0% 0.0% 39 +1,589 2.21% Q4 2025 Jan 26, 2026
FORTRESS FINANCIAL GROUP, LLC History Added to 67,339 1,516 1.12% 1.14% 40 +43 0.06% Q4 2025 Jan 23, 2026
FJ Capital Management LLC History New 67,134 1,511 0.17% 41 +67,134 New Q4 2025 Feb 13, 2026
Gator Capital Management, LLC History Added to 65,410 1,473 0.3% 0.36% 42 +505 0.78% Q4 2025 Feb 13, 2026
Man Group plc History Added to 64,111 1,443 0.0% 0.0% 43 +13,070 25.61% Q4 2025 Feb 17, 2026
BASSWOOD CAPITAL MANAGEMENT, L.L.C. History No change 60,240 1,356 0.05% 0.05% 44 0 0.0% Q4 2025 Feb 13, 2026
Quantinno Capital Management LP History Added to 57,498 1,294 0.0% 0.0% 45 +18,104 45.96% Q4 2025 Feb 17, 2026
NEW YORK STATE COMMON RETIREMENT FUND History Added to 52,214 1,175 0.0% 0.0% 46 +23,233 80.17% Q4 2025 Feb 12, 2026
BARCLAYS PLC History Added to 51,283 1,154 0.0% 0.0% 47 +3,793 7.99% Q4 2025 Feb 13, 2026
Wealth Forward, LLC History No change 50,279 1,132 0.64% 0.65% 48 0 0.0% Q4 2025 Jan 30, 2026
GSA CAPITAL PARTNERS LLP History Added to 49,079 1,105 0.1% 0.08% 49 +4,997 11.34% Q4 2025 Feb 06, 2026
Pinnacle Holdings, LLC History No change 48,999 1,103 0.37% 0.38% 50 0 0.0% Q4 2025 Feb 12, 2026
BANK OF AMERICA CORP /DE/ History Added to 48,918 1,101 0.0% 0.0% 51 +8,896 22.23% Q4 2025 Feb 17, 2026
FEDERATED HERMES, INC. History Added to 46,984 1,058 0.0% 0.0% 52 +319 0.68% Q4 2025 Feb 12, 2026
HSBC HOLDINGS PLC History Added to 46,666 1,038 0.0% 0.0% 53 +14,026 42.97% Q4 2025 Mar 20, 2026
MILLENNIUM MANAGEMENT LLC History Added to 39,249 883 0.0% 0.0% 54 +338 0.87% Q4 2025 Feb 17, 2026
Nuveen, LLC History Reduced 39,202 882 0.0% 0.0% 55 -85,604 -68.59% Q4 2025 Feb 12, 2026
Cetera Investment Advisers History Added to 34,690 781 0.0% 0.0% 56 +13,332 62.42% Q4 2025 Feb 17, 2026
IEQ CAPITAL, LLC History Added to 33,585 756 0.0% 0.0% 57 +1,541 4.81% Q4 2025 Feb 13, 2026
Mariner, LLC History Added to 32,715 736 0.0% 0.0% 58 +2,923 9.81% Q4 2025 Feb 13, 2026
TWO SIGMA ADVISERS, LP History Reduced 31,000 698 0.0% 0.0% 59 -9,100 -22.69% Q4 2025 Feb 17, 2026
JANE STREET GROUP, LLC History Added to 30,882 695 0.0% 0.0% 60 +9,010 41.19% Q4 2025 Feb 12, 2026
RHUMBLINE ADVISERS History Reduced 29,953 674 0.0% 0.0% 61 -3,059 -9.27% Q4 2025 Feb 13, 2026
Invesco Ltd. History Reduced 29,666 668 0.0% 0.0% 62 -2,425 -7.56% Q4 2025 Feb 19, 2026
Johnson Wealth Management, LLC History New 28,186 634 0.32% 63 +28,186 New Q4 2025 Feb 11, 2026
Creative Planning History Added to 27,493 619 0.0% 0.0% 64 +5,560 25.35% Q4 2025 Feb 17, 2026
WELLS FARGO & COMPANY/MN History Added to 26,857 604 0.0% 0.0% 65 +7,834 41.18% Q4 2025 Feb 13, 2026
Black Maple Capital Management LP History Added to 24,576 553 0.39% 0.12% 66 +13,624 124.4% Q4 2025 Feb 17, 2026
Squarepoint Ops LLC History Reduced 23,255 523 0.0% 0.0% 67 -56,568 -70.87% Q4 2025 Feb 13, 2026
CITADEL ADVISORS LLC History New 22,388 504 0.0% 68 +22,388 New Q4 2025 Feb 17, 2026
BNP PARIBAS FINANCIAL MARKETS History Added to 21,900 493 0.0% 0.0% 69 +9,289 73.66% Q4 2025 Feb 10, 2026
Lafayette Investments, Inc. History Added to 21,900 493 0.09% 0.09% 70 +1,800 8.96% Q4 2025 Feb 04, 2026
XTX Topco Ltd History Reduced 21,855 492 0.01% 0.03% 71 -2,144 -8.93% Q4 2025 Feb 17, 2026
Inspire Investing, LLC History Added to 20,878 470 0.04% 0.04% 72 +255 1.24% Q4 2025 Feb 17, 2026
Trexquant Investment LP History New 20,745 467 0.0% 73 +20,745 New Q4 2025 Feb 17, 2026
CANADA PENSION PLAN INVESTMENT BOARD History New 18,800 423 0.0% 74 +18,800 New Q4 2025 Feb 17, 2026
UBS Group AG History Reduced 17,092 384 0.0% 0.0% 75 -7,097 -29.34% Q4 2025 Jan 29, 2026
First PREMIER Bank History No change 17,036 384 0.09% 0.09% 76 0 0.0% Q4 2025 Jan 23, 2026
DEUTSCHE BANK AG\ History No change 16,649 374 0.0% 0.0% 77 0 0.0% Q4 2025 Feb 11, 2026
BRIDGEWAY CAPITAL MANAGEMENT, LLC History Added to 15,940 358 0.01% 0.0% 78 +6,190 63.49% Q4 2025 Feb 17, 2026
MERCER GLOBAL ADVISORS INC /ADV History Added to 15,363 345 0.0% 0.0% 79 +4,002 35.23% Q4 2025 Feb 18, 2026
STATE OF WISCONSIN INVESTMENT BOARD History New 15,077 339 0.0% 80 +15,077 New Q4 2025 Feb 17, 2026
Connor, Clark & Lunn Investment Management Ltd. History Added to 14,730 331 0.0% 0.0% 81 +2,868 24.18% Q4 2025 Feb 10, 2026
PRICE T ROWE ASSOCIATES INC /MD/ History Added to 13,594 307 0.0% 0.0% 82 +1,318 10.74% Q4 2025 Feb 17, 2026
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC History Added to 12,696 296 0.0% 0.0% 83 +608 5.03% Q4 2025 Jan 08, 2026
MetLife Investment Management, LLC History No change 13,109 295 0.0% 0.0% 84 0 0.0% Q4 2025 Feb 12, 2026
Aviance Capital Partners, LLC History No change 13,111 295 0.03% 0.03% 85 0 0.0% Q4 2025 Feb 06, 2026
PANAGORA ASSET MANAGEMENT INC History New 12,353 278 0.0% 86 +12,353 New Q4 2025 Feb 13, 2026
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. History Reduced 10,905 245 0.0% 0.0% 87 -15 -0.14% Q4 2025 Feb 17, 2026
CITIGROUP INC History Added to 10,607 238 0.0% 0.0% 88 +10,246 2838.23% Q4 2025 Feb 13, 2026
Hanson & Doremus Investment Management History No change 9,844 222 0.03% 0.03% 89 0 0.0% Q4 2025 Jan 20, 2026
Harbor Advisors LLC History No change 9,867 222 0.03% 0.03% 90 0 0.0% Q4 2025 Jan 30, 2026
Numerai GP LLC History Reduced 9,195 207 0.02% 0.03% 91 -54 -0.58% Q4 2025 Feb 17, 2026
FMR LLC History Added to 7,807 175 0.0% 0.0% 92 +6,509 501.46% Q4 2025 Feb 17, 2026
Police & Firemen's Retirement System of New Jersey History No change 6,759 152 0.0% 0.0% 93 0 0.0% Q4 2025 Feb 13, 2026
AlphaQuest LLC History Added to 4,816 108 0.01% 0.0% 94 +2,144 80.24% Q4 2025 Feb 09, 2026
Horrell Capital Management, Inc. History No change 4,440 99 0.04% 0.04% 95 0 0.0% Q4 2025 Feb 03, 2026
Russell Investments Group, Ltd. History Reduced 3,174 71 0.0% 0.0% 96 -1,068 -25.18% Q4 2025 Feb 17, 2026
CANADA LIFE ASSURANCE Co History Added to 2,222 50 0.0% 0.0% 97 +455 25.75% Q4 2025 Feb 13, 2026
US BANCORP \DE\ History Added to 2,180 49 0.0% 0.0% 98 +50 2.35% Q4 2025 Jan 30, 2026
Legal & General Group Plc History No change 2,068 46 0.0% 0.0% 99 0 0.0% Q4 2025 Feb 09, 2026
Ameritas Investment Partners, Inc. History No change 1,964 44 0.0% 0.0% 100 0 0.0% Q4 2025 Feb 11, 2026
OSAIC HOLDINGS, INC. History Reduced 1,897 42 0.0% 0.0% 101 -667 -26.01% Q4 2025 Feb 17, 2026
NewEdge Advisors, LLC History Added to 1,563 35 0.0% 0.0% 102 +115 7.94% Q4 2025 Feb 18, 2026
Larson Financial Group LLC History Added to 1,500 33 0.0% 0.0% 104 +500 50.0% Q4 2025 Feb 06, 2026
THOMPSON INVESTMENT MANAGEMENT, INC. History No change 1,470 33 0.0% 0.0% 103 0 0.0% Q4 2025 Jan 14, 2026
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM History Added to 1,446 32 0.0% 0.0% 105 +36 2.55% Q4 2025 Feb 17, 2026
Sterling Capital Management LLC History Reduced 1,355 30 0.0% 0.0% 106 -267 -16.46% Q4 2025 Feb 13, 2026
State of Alaska, Department of Revenue History No change 1,025 23 0.0% 0.0% 107 0 0.0% Q4 2025 Jan 23, 2026
EverSource Wealth Advisors, LLC History Added to 894 20 0.0% 0.0% 108 +140 18.57% Q4 2025 Feb 06, 2026
Tower Research Capital LLC (TRC) History Added to 820 18 0.0% 0.0% 109 +6 0.74% Q4 2025 Feb 17, 2026
Cherry Tree Wealth Management, LLC History No change 830 18 0.0% 0.0% 110 0 0.0% Q4 2025 Feb 10, 2026
AMALGAMATED BANK History Reduced 739 17 0.0% 0.0% 111 -36 -4.65% Q4 2025 Feb 05, 2026
Basepoint Wealth LLC History New 673 15 0.01% 113 +673 New Q4 2025 Feb 10, 2026
ROYAL BANK OF CANADA History New 661 15 0.0% 112 +661 New Q4 2025 Feb 17, 2026
JONES FINANCIAL COMPANIES LLLP History No change 600 13 0.0% 0.0% 114 0 0.0% Q4 2025 Feb 17, 2026
Allworth Financial LP History New 503 11 0.0% 115 +503 New Q4 2025 Feb 05, 2026
State of Wyoming History Added to 517 11 0.0% 0.0% 116 +12 2.38% Q4 2025 Feb 11, 2026
IFP Advisors, Inc History Added to 330 7 0.0% 0.0% 117 +129 64.18% Q4 2025 Feb 06, 2026
NISA INVESTMENT ADVISORS, LLC History Reduced 264 6 0.0% 0.0% 118 -195 -42.48% Q4 2025 Jan 15, 2026
Triumph Capital Management History New 200 4 0.0% 119 +200 New Q4 2025 Feb 12, 2026
GAMMA Investing LLC History Reduced 221 4 0.0% 0.0% 121 -41 -15.65% Q4 2025 Jan 05, 2026
Optiver Holding B.V. History No change 182 4 0.0% 0.0% 120 0 0.0% Q4 2025 Feb 17, 2026
Torren Management, LLC History New 150 3 0.0% 125 +150 New Q4 2025 Jan 30, 2026
Quarry LP History New 134 3 0.0% 123 +134 New Q4 2025 Feb 13, 2026
ROTHSCHILD INVESTMENT LLC History Added to 152 3 0.0% 0.0% 122 +39 34.51% Q4 2025 Feb 10, 2026
Smartleaf Asset Management LLC History No change 136 3 0.0% 0.0% 124 0 0.0% Q4 2025 Feb 13, 2026
Arax Advisory Partners History Reduced 129 2 0.0% 0.0% 127 -9,788 -98.7% Q4 2025 Feb 13, 2026
BAYBAN History New 125 2 0.0% 129 +125 New Q4 2025 Mar 05, 2026
Farther Finance Advisors, LLC History Added to 128 2 0.0% 0.0% 128 +64 100.0% Q4 2025 Jan 23, 2026
PNC FINANCIAL SERVICES GROUP, INC. History Added to 131 2 0.0% 0.0% 126 +10 8.26% Q4 2025 Feb 06, 2026
Covestor Ltd History Added to 50 1 0.0% 0.0% 131 +5 11.11% Q4 2025 Feb 06, 2026
True Wealth Design, LLC History Added to 64 1 0.0% 0.0% 132 +1 1.59% Q4 2025 Jan 08, 2026
Capital Advisors, Ltd. LLC History No change 24 1 0.0% 0.0% 130 0 0.0% Q4 2025 Jan 21, 2026
CenterBook Partners LP History Closed out 0 0 0.04% -33,443 -100.0% Q3 2025 Nov 07, 2025
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP History Closed out 0 0 0.0% -14,027 -100.0% Q3 2025 Nov 13, 2025
INTECH INVESTMENT MANAGEMENT LLC History Closed out 0 0 0.0% -9,811 -100.0% Q3 2025 Nov 12, 2025
Semanteon Capital Management, LP History Closed out 0 0 0.27% -9,605 -100.0% Q3 2025 Nov 10, 2025
CIBC Private Wealth Group LLC History Closed out 0 0 0.0% -2,358 -100.0% Q3 2025 Nov 24, 2025
SIMPLEX TRADING, LLC History Closed out 0 0 0.0% -600 -100.0% Q3 2025 Nov 12, 2025
Hillsdale Investment Management Inc. History Closed out 0 0 0.0% -330 -100.0% Q3 2025 Nov 10, 2025
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO History Closed out 0 0 0.0% -225 -100.0% Q3 2025 Nov 14, 2025
Clearstead Advisors, LLC History Reduced 4 0 0.0% -214 -98.17% Q4 2025 Feb 09, 2026
Versant Capital Management, Inc History Closed out 0 0 0.0% -108 -100.0% Q3 2025 Oct 27, 2025
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC History New 36 0 +36 New Q4 2025 Feb 13, 2026
Cornerstone Planning Group LLC History New 31 0 +31 New Q4 2025 Feb 02, 2026
Parallel Advisors, LLC History New 26 0 +26 New Q4 2025 Feb 11, 2026
MAI Capital Management History New 13 0 +13 New Q4 2025 Feb 13, 2026
SJS Investment Consulting Inc. History New 7 0 +7 New Q4 2025 Jan 21, 2026
SBI Securities Co., Ltd. History Added to 16 0 +4 33.33% Q4 2025 Feb 03, 2026
Sunbelt Securities, Inc. History Reduced 6 0 -1 -14.29% Q4 2025 Feb 20, 2026
HUNTINGTON NATIONAL BANK History No change 1 0 0 0.0% Q4 2025 Feb 09, 2026