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Portfolio (Quarterly) Guide ↗

ALERUS FINANCIAL NA

· CIK 0000919458
13F Portfolio $2.0B AUM 515 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 54 New 96 Added 146 Reduced 52 Exited
Page 3 of 5  ·  96 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CMCSA COMCAST CORP NEW Communication Services 47,077.0 $1.4M 0.07% +47K +10000.0% $28.71 -13.8%
42 USB US BANCORP Financial Services 24,158.0 $1.3M 0.06% +17K +236.7% $52.01 +2.7%
43 MO ALTRIA GROUP INC Consumer Defensive 18,194.0 $1.2M 0.06% +17K +1126.0% $65.99 +9.7%
44 ACN ACCENTURE PLC IRELAND Technology 6,038.0 $1.2M 0.06% +4K +145.9% $198.29 -14.9%
45 BSCQ INVESCO EXCH TRD SLF IDX FD 60,829.0 $1.2M 0.06% +13K +26.5% $19.53 +0.3%
46 TGT TARGET CORP Consumer Defensive 9,749.0 $1.2M 0.06% +9K +3432.2% $121.20 +1.6%
47 OMC OMNICOM GROUP INC Communication Services 15,446.0 $1.2M 0.06% +13K +544.1% $75.31 -5.0%
48 GILD GILEAD SCIENCES INC Healthcare 8,331.0 $1.2M 0.06% +8K +10000.0% $139.37 -5.2%
49 KVUE KENVUE INC Consumer Defensive 64,256.0 $1.1M 0.06% +58K +897.9% $17.24 -0.3%
50 LRCX LAM RESEARCH CORP Technology 5,179.0 $1.1M 0.06% +4K +524.0% $213.66 +40.0%
51 OKE ONEOK INC NEW Energy 11,932.0 $1.1M 0.05% +12K +5226.8% $90.39 +0.7%
52 CVS CVS HEALTH CORP Healthcare 13,956.0 $1.0M 0.05% +14K +10000.0% $71.82 +35.3%
53 SBUX STARBUCKS CORP Consumer Cyclical 11,133.0 $997K 0.05% +11K +2602.2% $89.59 +18.8%
54 SNA SNAP ON INC Industrials 2,685.0 $975K 0.05% +3K +10000.0% $363.22 +0.9%
55 MTB M & T BK CORP Financial Services 4,684.0 $968K 0.05% +5K +10000.0% $206.72 -0.5%
56 KEY KEYCORP Financial Services 48,194.0 $966K 0.05% +46K +2175.4% $20.05 +5.1%
57 TROW PRICE T ROWE GROUP INC Financial Services 9,957.0 $898K 0.04% +10K +9857.0% $90.14 +13.6%
58 GS GOLDMAN SACHS GROUP INC Financial Services 1,037.0 $877K 0.04% +720.0 +227.1% $845.99 +14.5%
59 F FORD MTR CO Consumer Cyclical 75,562.0 $872K 0.04% +73K +2638.8% $11.54 +25.5%
60 NEE NEXTERA ENERGY INC Utilities 8,828.0 $820K 0.04% +7K +534.2% $92.88 +3.0%
Page 3 of 5  ·  96 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 30.5%
Financial Services 19.7%
Communication Services 10.0%
Healthcare 9.0%
Industrials 9.0%
Consumer Cyclical 7.6%
Energy 4.7%
Consumer Defensive 4.2%
Utilities 2.9%
Basic Materials 1.6%