ALERUS FINANCIAL NA
Sector Allocation
- Other52.1%$1.2B
- Technology19.2%$438.2M
- Financials9.0%$204.8M
- Healthcare4.7%$107.9M
- Consumer Discretionary3.8%$87.6M
- Industrials3.1%$71.9M
- Consumer Staples2.6%$58.4M
- Energy1.9%$42.6M
- Communication Services1.3%$29.6M
- Utilities1.3%$28.7M
AUM History
13fpro.ai/research/fund/alerus-financial-na-919458
Conviction and streaks
Stable · top 10 = 59.3%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
- VANGUARD$515.0M
- DIMENSIONAL$308.3M
- ISHARES$108.7M
- ISHARES$80.7M
- VANGUARD$74.3M
NVDA
$66.8MALRS
$65.8MAAPL
$54.3MAVGO
$41.5MGOOGL
$40.9MMSFT
$38.9MMU
$33.4M- VANGUARD$30.4M
AMZN
$27.8MJPM
$22.7MLLY
$20.1MXOM.R34088
$19.8MCSCO
$19.7M- VANGUARD$19.0M
JNJ
$19.0M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/alerus-financial-na-919458
ALERUS FINANCIAL NA 13F holdings — Q2 2026
$2.3B portfolio (+13.2% QoQ) · 506 holdings · Q2 2026 13F · top 10 are 59% of the stock portfolio
- 1
VANGUARD INDEX FDS - S&P 500 ETF SHS
$515.0M
22.5% of stocks
-1%This quarter—Since filed—HeldAIQuality—Est. buy— - 2
DIMENSIONAL ETF TRUST - WORLD EX US CORE
$308.3M
13.5% of stocks
-0.6%This quarter—Since filed—HeldAIQuality—Est. buy— - 3
ISHARES TR - RUS MID CAP ETF
$108.7M
4.8% of stocks
+0.6%This quarter—Since filed—HeldAIQuality—Est. buy— - 4
ISHARES TR - CORE MSCI TOTAL
$80.7M
3.5% of stocks
-0.1%This quarter—Since filed—HeldAIQuality—Est. buy— - 5
VANGUARD MALVERN FDS - CORE BD ETF
$74.3M
3.3% of stocks
+1%This quarter—Since filed—HeldAIQuality—Est. buy— $66.8M
2.9% of stocks
-1.0%This quarter-4.1%Since filed7+ qtrsHeld$65.8M
2.9% of stocks
-6%This quarter-3.4%Since filed7+ qtrsHeldAIQuality56.3#1,169Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$54.3M
2.4% of stocks
+0.8%This quarter+12.4%Since filed7+ qtrsHeld$41.5M
1.8% of stocks
-6%This quarter-16.2%Since filed7+ qtrsHeld$40.9M
1.8% of stocks
-2%This quarter-8.5%Since filed7+ qtrsHeld
| # | Company | Value | Weight | This quarter | Since filed | Held | AI quality | Est. buy | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS - S&P 500 ETF SHS | $515.0M | 22.5% | -1% | — | — | — | — | |
| 2 | DIMENSIONAL ETF TRUST - WORLD EX US CORE | $308.3M | 13.5% | -0.6% | — | — | — | — | |
| 3 | ISHARES TR - RUS MID CAP ETF | $108.7M | 4.8% | +0.6% | — | — | — | — | |
| 4 | ISHARES TR - CORE MSCI TOTAL | $80.7M | 3.5% | -0.1% | — | — | — | — | |
| 5 | VANGUARD MALVERN FDS - CORE BD ETF | $74.3M | 3.3% | +1% | — | — | — | — | |
| 6 | $66.8M | 2.9% | -1.0% | -4.1% | 7+ qtrs | 86.0#3 | Estimated buy price is Pro: unlock with a free trial | ||
| 7 | $65.8M | 2.9% | -6% | -3.4% | 7+ qtrsTrimmed 3 qtrs in a row | 56.3#1,169 | Estimated buy price is Pro: unlock with a free trial | ||
| 8 | $54.3M | 2.4% | +0.8% | +12.4% | 7+ qtrs | 75.7#88 | Estimated buy price is Pro: unlock with a free trial | ||
| 9 | $41.5M | 1.8% | -6% | -16.2% | 7+ qtrsTrimmed 6 qtrs in a row | 84.5#7 | Estimated buy price is Pro: unlock with a free trial | ||
| 10 | $40.9M | 1.8% | -2% | -8.5% | 7+ qtrsTrimmed 5 qtrs in a row | 77.7#60 | Estimated buy price is Pro: unlock with a free trial |
All holdings — ALERUS FINANCIAL NA (Q2 2026)
506 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | MICROSOFT CORP | Technology | $38.9M | 1.7% | 104K | -1% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | MICRON TECHNOLOGY INC | Technology | $33.4M | 1.5% | 29K | +1% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | — | VANGUARD SCOTTSDALE FDS - LG-TERM COR BDetf/fund | — | $30.4M | 1.3% | 404K | -1% | — | — | 13F |
| 14 | AMAZON COM INC | Consumer Discretionary | $27.8M | 1.2% | 117K | -4% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | JPMORGAN CHASE & CO | Financials | $22.7M | 1.0% | 69K | +3% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | ELI LILLY & Co | Healthcare | $20.1M | 0.9% | 17K | -7% | 7+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | EXXON MOBIL CORP | Energy | $19.8M | 0.9% | 145K | +19% | 7+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | CISCO SYSTEMS, INC. | Technology | $19.7M | 0.9% | 167K | +5% | 7+ qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | — | VANGUARD SCOTTSDALE FDS - VNG RUS2000IDXetf/fund | — | $19.0M | 0.8% | 157K | -3% | — | — | 13F |
| 20 | JOHNSON & JOHNSON | Healthcare | $19.0M | 0.8% | 75K | +19% | 7+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Tesla, Inc. | Consumer Discretionary | $17.9M | 0.8% | 43K | -6% | 7+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | Meta Platforms, Inc. | Technology | $15.5M | 0.7% | 27K | +0.6% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Hewlett Packard Enterprise Co | Technology | $14.0M | 0.6% | 310K | -26% | 7+ qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | UNITEDHEALTH GROUP INC | Healthcare | $12.3M | 0.5% | 29K | -3% | 7+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $12.1M | 0.5% | 43K | -0.0% | 7+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $ABBV | AbbVie Inc. | Healthcare | $12.1M | 0.5% | 48K | +9% | |||
| 27 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $12.0M | 0.5% | 24K | +4% | |||
| 28 | $ETN | Eaton Corp plc | Industrials | $11.5M | 0.5% | 27K | -12% | |||
| 29 | $AAAU | Goldman Sachs Physical Gold ETF | Financials | $11.1M | 0.5% | 282K | -8% | |||
| 30 | $WMT | Walmart Inc. | Consumer Staples | $10.7M | 0.5% | 95K | +5% | |||
| 31 | $AMD | ADVANCED MICRO DEVICES INC | Technology | $10.6M | 0.5% | 18K | +41% | |||
| 32 | $GE | GENERAL ELECTRIC CO | Industrials | $10.3M | 0.5% | 28K | -10% | |||
| 33 | — | ISHARES TR - 20 YR TR BD ETF | — | $9.9M | 0.4% | 114K | -8% | |||
| 34 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $9.8M | 0.4% | 232K | -3% | |||
| 35 | $PH | Parker-Hannifin Corp | Industrials | $9.5M | 0.4% | 9,688 | -3% | |||
| 36 | $VRT | Vertiv Holdings Co | Technology | $9.2M | 0.4% | 27K | -19% | |||
| 37 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $8.6M | 0.4% | 24K | +11% | |||
| 38 | $CVX | CHEVRON CORP | Energy | $8.4M | 0.4% | 51K | +23% | |||
| 39 | $STX | Seagate Technology Holdings plc | Technology | $8.2M | 0.4% | 8,549 | -23% | |||
| 40 | $MRK | Merck & Co., Inc. | Healthcare | $8.2M | 0.4% | 64K | +21% | |||
| 41 | $IMNM | Immunome Inc. | Healthcare | $8.1M | 0.4% | 383K | New | |||
| 42 | $CAT | CATERPILLAR INC | Industrials | $8.1M | 0.3% | 7,613 | -12% | |||
| 43 | $SO | SOUTHERN CO | Utilities | $7.9M | 0.3% | 82K | -25% | |||
| 44 | $PG | PROCTER & GAMBLE Co | Consumer Staples | $7.5M | 0.3% | 51K | +21% | |||
| 45 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $7.1M | 0.3% | 86K | -3% | |||
| 46 | $TTWO | TAKE TWO INTERACTIVE SOFTWARE INC | Technology | $7.1M | 0.3% | 28K | -16% | |||
| 47 | $CDNS | CADENCE DESIGN SYSTEMS INC | Technology | $6.9M | 0.3% | 18K | -18% | |||
| 48 | $TFC | TRUIST FINANCIAL CORP | Financials | $6.6M | 0.3% | 133K | -12% | |||
| 49 | $BAC | BANK OF AMERICA CORP /DE/ | Financials | $6.4M | 0.3% | 113K | +19% | |||
| 50 | $T | AT&T INC. | Communication Services | $6.4M | 0.3% | 308K | +4% | |||
| 51 | $AMAT | APPLIED MATERIALS INC /DE | Technology | $6.3M | 0.3% | 8,710 | -9% | |||
| 52 | $NFLX | NETFLIX INC | Communication Services | $6.1M | 0.3% | 86K | +5% | |||
| 53 | $COR | Cencora, Inc. | Consumer Staples | $5.8M | 0.3% | 20K | -15% | |||
| 54 | $KO | COCA COLA CO | Consumer Staples | $5.6M | 0.3% | 69K | +91% | |||
| 55 | $MA | Mastercard Inc | Financials | $5.5M | 0.2% | 11K | -1% | |||
| 56 | $HEI | HEICO CORP | Industrials | $5.4M | 0.2% | 15K | -18% | |||
| 57 | $PFH | PRUDENTIAL FINANCIAL INC | Financials | $5.4M | 0.2% | 50K | -6% | |||
| 58 | $BBY | BEST BUY CO INC | Consumer Discretionary | $5.2M | 0.2% | 69K | +4% | |||
| 59 | $V | VISA INC. | Financials | $5.2M | 0.2% | 15K | +13% | |||
| 60 | $LRCX | LAM RESEARCH CORP | Technology | $5.2M | 0.2% | 12K | +133% | |||
| 61 | $COF | CAPITAL ONE FINANCIAL CORP | Financials | $4.9M | 0.2% | 25K | -12% | |||
| 62 | — | ISHARES TR - PFD AND INCM SEC | — | $4.9M | 0.2% | 160K | New | |||
| 63 | $WSO | WATSCO INC | Consumer Discretionary | $4.8M | 0.2% | 11K | -4% | |||
| 64 | $PM | Philip Morris International Inc. | Consumer Staples | $4.5M | 0.2% | 25K | +10% | |||
| 65 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $4.4M | 0.2% | 4,749 | +11% | |||
| 66 | $UL | UNILEVER PLC | Consumer Staples | $4.4M | 0.2% | 73K | -28% | |||
| 67 | $ORCL | ORACLE CORP | Technology | $4.4M | 0.2% | 30K | +17% | |||
| 68 | $WDC | WESTERN DIGITAL CORP | Technology | $4.3M | 0.2% | 6,662 | -40% | |||
| 69 | $DLR | DIGITAL REALTY TRUST, INC. | Real Estate | $4.1M | 0.2% | 23K | -26% | |||
| 70 | $BNY | Bank of New York Mellon Corp | Financials | $4.1M | 0.2% | 28K | -25% | |||
| 71 | $MCHP | MICROCHIP TECHNOLOGY INC | Technology | $4.1M | 0.2% | 45K | +43% | |||
| 72 | $MMM | 3M CO | Healthcare | $4.0M | 0.2% | 25K | -29% | |||
| 73 | $TMO | THERMO FISHER SCIENTIFIC INC. | Healthcare | $4.0M | 0.2% | 7,899 | -9% | |||
| 74 | $FITB | FIFTH THIRD BANCORP | Financials | $3.9M | 0.2% | 69K | -0.0% | |||
| 75 | $LNG | Cheniere Energy, Inc. | Energy | $3.8M | 0.2% | 16K | -22% | |||
| 76 | $TXN | TEXAS INSTRUMENTS INC | Technology | $3.8M | 0.2% | 13K | +62% | |||
| 77 | $URI | UNITED RENTALS, INC. | Industrials | $3.8M | 0.2% | 3,377 | -27% | |||
| 78 | — | VANGUARD INDEX FDS - TOTAL STK MKT | — | $3.8M | 0.2% | 10K | — | |||
| 79 | $LNT | ALLIANT ENERGY CORP | Utilities | $3.7M | 0.2% | 48K | -29% | |||
| 80 | $ROK | ROCKWELL AUTOMATION, INC | Industrials | $3.6M | 0.2% | 7,357 | -31% | |||
| 81 | $C | CITIGROUP INC | Financials | $3.6M | 0.2% | 26K | -6% | |||
| 82 | $PANW | Palo Alto Networks Inc | Technology | $3.6M | 0.2% | 10K | -43% | |||
| 83 | — | ISHARES TR - CORE S&P500 ETF | — | $3.6M | 0.2% | 4,749 | -0.0% | |||
| 84 | $SHOP | SHOPIFY INC. | Technology | $3.5M | 0.1% | 31K | -22% | |||
| 85 | — | VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD | — | $3.5M | 0.1% | 44K | -84% | |||
| 86 | $ICE | Intercontinental Exchange, Inc. | Financials | $3.4M | 0.1% | 28K | -18% | |||
| 87 | $ISRG | INTUITIVE SURGICAL INC | Healthcare | $3.3M | 0.1% | 8,294 | -25% | |||
| 88 | $MCD | MCDONALDS CORP | Consumer Discretionary | $3.2M | 0.1% | 12K | +35% | |||
| 89 | — | SELECT SECTOR SPDR TR - STATE STREET ENE | — | $3.2M | 0.1% | 60K | -24% | |||
| 90 | $RTX | RTX Corp | Industrials | $3.1M | 0.1% | 17K | +91% | |||
| 91 | $KHC | Kraft Heinz Co | Consumer Staples | $3.0M | 0.1% | 125K | +173% | |||
| 92 | $CVS | CVS HEALTH Corp | Healthcare | $2.9M | 0.1% | 28K | +101% | |||
| 93 | $SCHW | SCHWAB CHARLES CORP | Financials | $2.9M | 0.1% | 31K | -31% | |||
| 94 | — | SELECT SECTOR SPDR TR - STATE STREET UTI | — | $2.9M | 0.1% | 63K | -40% | |||
| 95 | $USB | US BANCORP \DE\ | Financials | $2.8M | 0.1% | 47K | +95% | |||
| 96 | $MLM | MARTIN MARIETTA MATERIALS INC | Materials | $2.8M | 0.1% | 4,896 | -28% | |||
| 97 | — | ISHARES TR - S&P 500 GRWT ETF | — | $2.8M | 0.1% | 20K | — | |||
| 98 | $EOG | EOG RESOURCES INC | Energy | $2.7M | 0.1% | 21K | +73% | |||
| 99 | $UPS | UNITED PARCEL SERVICE INC | Industrials | $2.7M | 0.1% | 25K | +31% | |||
| 100 | $PLTR | Palantir Technologies Inc. | Technology | $2.7M | 0.1% | 23K | +131% | |||
| 101 | $MS | MORGAN STANLEY | Financials | $2.7M | 0.1% | 13K | -17% | |||
| 102 | $KMI | KINDER MORGAN, INC. | Energy | $2.6M | 0.1% | 80K | +98% | |||
| 103 | $SW | Smurfit Westrock plc | Materials | $2.5M | 0.1% | 55K | +102% | |||
| 104 | $KEY | KEYCORP /NEW/ | Financials | $2.5M | 0.1% | 109K | +127% | |||
| 105 | $KVUE | Kenvue Inc. | Consumer Staples | $2.5M | 0.1% | 131K | +104% | |||
| 106 | $MO | ALTRIA GROUP, INC. | Consumer Staples | $2.5M | 0.1% | 34K | +90% | |||
| 107 | $BMY | BRISTOL MYERS SQUIBB CO | Healthcare | $2.5M | 0.1% | 43K | +118% | |||
| 108 | $TROW | PRICE T ROWE GROUP INC | Financials | $2.5M | 0.1% | 22K | +118% | |||
| 109 | $BSX | BOSTON SCIENTIFIC CORP | Healthcare | $2.5M | 0.1% | 58K | -25% | |||
| 110 | $GPC | GENUINE PARTS CO | Consumer Discretionary | $2.4M | 0.1% | 21K | +192% | |||
| 111 | $PAYX | PAYCHEX INC | Technology | $2.4M | 0.1% | 25K | +137% | |||
| 112 | $HAS | HASBRO, INC. | Consumer Discretionary | $2.4M | 0.1% | 29K | -23% | |||
| 113 | $DE | DEERE & CO | Industrials | $2.4M | 0.1% | 3,823 | +41% | |||
| 114 | $TGT | TARGET CORP | Consumer Staples | $2.4M | 0.1% | 19K | +90% | |||
| 115 | $HPQ | HP INC | Technology | $2.4M | 0.1% | 107K | +155% | |||
| 116 | $F | FORD MOTOR CO | Consumer Discretionary | $2.3M | 0.1% | 169K | +123% | |||
| 117 | $EIX | EDISON INTERNATIONAL | Utilities | $2.3M | 0.1% | 31K | +92% | |||
| 118 | $EVRG | Evergy, Inc. | Utilities | $2.3M | 0.1% | 27K | +110% | |||
| 119 | $D | DOMINION ENERGY, INC | Utilities | $2.3M | 0.1% | 34K | +119% | |||
| 120 | $AMCR | Amcor plc | Consumer Discretionary | $2.3M | 0.1% | 52K | New | |||
| 121 | $BLK | BlackRock, Inc. | Financials | $2.3M | 0.1% | 2,354 | -37% | |||
| 122 | $SNA | Snap-on Inc | Industrials | $2.2M | 0.1% | 5,580 | +108% | |||
| 123 | $SBUX | STARBUCKS CORP | Consumer Discretionary | $2.2M | 0.1% | 22K | +97% | |||
| 124 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $2.2M | 0.1% | 3,020 | — | |||
| 125 | $ES | EVERSOURCE ENERGY | Utilities | $2.2M | 0.1% | 30K | +114% | |||
| 126 | $OKE | ONEOK INC /NEW/ | Energy | $2.2M | 0.1% | 25K | +112% | |||
| 127 | $DRI | DARDEN RESTAURANTS INC | Consumer Discretionary | $2.2M | 0.1% | 11K | +102% | |||
| 128 | $OMC | OMNICOM GROUP INC. | Communication Services | $2.2M | 0.1% | 30K | +95% | |||
| 129 | $COP | CONOCOPHILLIPS | Energy | $2.2M | 0.1% | 21K | +81% | |||
| 130 | $LMT | LOCKHEED MARTIN CORP | Industrials | $2.2M | 0.1% | 4,276 | +81% | |||
| 131 | $IP | INTERNATIONAL PAPER CO /NEW/ | Materials | $2.2M | 0.1% | 57K | +117% | |||
| 132 | $FE | FIRSTENERGY CORP | Utilities | $2.1M | 0.1% | 45K | +111% | |||
| 133 | $PFE | PFIZER INC | Healthcare | $2.1M | 0.1% | 87K | +79% | |||
| 134 | $GIS | GENERAL MILLS INC | Consumer Staples | $2.1M | 0.1% | 60K | +131% | |||
| 135 | $PFG | PRINCIPAL FINANCIAL GROUP INC | Financials | $2.1M | 0.1% | 19K | -49% | |||
| 136 | $MET | METLIFE INC | Financials | $2.1M | 0.1% | 24K | -0.9% | |||
| 137 | $SJM | J M SMUCKER Co | Consumer Staples | $2.0M | 0.1% | 18K | -40% | |||
| 138 | — | VANGUARD INDEX FDS - LARGE CAP ETF | — | $2.0M | 0.1% | 5,705 | — | |||
| 139 | $GS | GOLDMAN SACHS GROUP INC | Financials | $2.0M | 0.1% | 1,930 | +86% | |||
| 140 | $DOW | DOW INC. | Materials | $1.9M | 0.1% | 69K | +57% | |||
| 141 | $NXPI | NXP Semiconductors N.V. | Technology | $1.9M | 0.1% | 6,636 | -43% | |||
| 142 | $DUK | Duke Energy CORP | Utilities | $1.9M | 0.1% | 15K | +156% | |||
| 143 | $CCZ | COMCAST CORP | Communication Services | $1.9M | 0.1% | 75K | +60% | |||
| 144 | $MDT | Medtronic plc | Healthcare | $1.8M | 0.1% | 23K | -38% | |||
| 145 | $LBRX | LB PHARMACEUTICALS INC | Healthcare | $1.8M | 0.1% | 55K | New | |||
| 146 | — | SELECT SECTOR SPDR TR - STATE STREET CON | — | $1.7M | 0.1% | 21K | -40% | |||
| 147 | $TMUS | T-Mobile US, Inc. | Communication Services | $1.7M | 0.1% | 10K | +104% | |||
| 148 | $ACN | Accenture plc | Technology | $1.7M | 0.1% | 14K | +128% | |||
| 149 | $SPY | SPDR S&P 500 ETF TRUST | — | $1.6M | 0.1% | 2,195 | -2% | |||
| 150 | $ARM | ARM HOLDINGS PLC /UK | Technology | $1.6M | 0.1% | 4,563 | -45% |
What changed in Q2 2026
Against the previous quarter's 13F: 21 new, 134 added to, 126 trimmed, 23 sold out. Share-count changes; largest moves by dollar size first.
New positions (21)
$IMNMImmunome Inc.$8.1M
first bought this quarter
- ISHARES TR - PFD AND INCM SEC$4.9M
first bought this quarter
$AMCRAmcor plc$2.3M
first bought this quarter
$LBRXLB PHARMACEUTICALS INC$1.8M
first bought this quarter
$ANETArista Networks, Inc.$295K
first bought this quarter
$ALLALLSTATE CORP$247K
first bought this quarter
+15 more in the Excel export
Added to (134)
now $19.8M · held 7+ qtrs, 2 adds in a row
now $19.0M · held 7+ qtrs, 2 adds in a row
$AMDADVANCED MICRO DEVICES INC+41%
now $10.6M · held 7+ qtrs, 2 adds in a row
$LRCXLAM RESEARCH CORP+133%
now $5.2M · held 5 qtrs, 2 adds in a row
$KOCOCA COLA CO+91%
now $5.6M · held 7+ qtrs, 2 adds in a row
$KHCKraft Heinz Co+173%
now $3.0M · held 2 qtrs, 2 adds in a row
+128 more in the Excel export
Trimmed (126)
- VANGUARD SCOTTSDALE FDS - SHRT TRM CORP BD-84%
now $3.5M
- VANGUARD INDEX FDS - S&P 500 ETF SHS-1%
now $515.0M
$HPEHewlett Packard Enterprise Co-26%
now $14.0M · held 7+ qtrs, 3 trims in a row
now $65.8M · held 7+ qtrs, 3 trims in a row
$WDCWESTERN DIGITAL CORP-40%
now $4.3M · held 7+ qtrs, 6 trims in a row
$PANWPalo Alto Networks Inc-43%
now $3.6M · held 7+ qtrs
+120 more in the Excel export
Holdings by quarter
Every 13F ALERUS FINANCIAL NA has filed, 40 earlier quarters. Pick one to see what it held then.
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Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of ALERUS FINANCIAL NA's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 20 of the 20 are scored)
Top 10 since filing
-2.3%
Value-weighted move of the 10 largest stock positions
Turnover
5%
Last quarter; 22% over the last 4
Top 10 weight
59%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
94%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
ALERUS FINANCIAL NA disclosed 506 positions worth $2.3B in its Form 13F-HR for Q2 2026. During the quarter the fund opened 21 new positions and exited 23 — including a new stake in $IMNM and a full exit from $DD. The portfolio is most concentrated in Other (52.1% of disclosed assets). All figures are sourced directly from ALERUS FINANCIAL NA’s Form 13F-HR filing with the SEC under CIK 919458.
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AI-Powered Hedge Fund Analysis: ALERUS FINANCIAL NA
13F Pro is an AI hedge fund tracker and stock research platform. For ALERUS FINANCIAL NA (SEC CIK: 919458), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in ALERUS FINANCIAL NA's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.