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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 4 of 5  ·  96 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 GOOG ALPHABET INC Communication Services 2,841.0 $815K 0.04% +2K +153.4% $286.86 +38.5%
62 VO VANGUARD INDEX FDS 2,784.0 $800K 0.04% +282.0 +11.3% $287.18 -73.4%
63 DUK DUKE ENERGY CORP NEW Utilities 5,748.0 $753K 0.04% +5K +398.1% $130.94 -5.1%
64 GPC GENUINE PARTS CO Consumer Cyclical 7,103.0 $751K 0.04% +7K +10000.0% $105.75 -8.1%
65 DHR DANAHER CORP DEL Healthcare 3,291.0 $624K 0.03% +33.0 +1.0% $189.60 -13.2%
66 CRM SALESFORCE INC Technology 3,305.0 $617K 0.03% +3K +10000.0% $186.67 -10.2%
67 DIS DISNEY WALT CO Communication Services 6,145.0 $592K 0.03% +5K +843.9% $96.38 +9.4%
68 LOW LOWES COS INC Consumer Cyclical 2,386.0 $564K 0.03% +1K +166.9% $236.28 -5.4%
69 HON HONEYWELL INTL INC Industrials 2,457.0 $555K 0.03% +2K +398.4% $226.03 -3.7%
70 ECL ECOLAB INC Basic Materials 2,085.0 $555K 0.03% +991.0 +90.6% $266.02 -6.4%
71 BKNG BOOKING HOLDINGS INC Consumer Cyclical 131.0 $552K 0.03% +121.0 +1210.0% $4210.32 -96.3%
72 HIG HARTFORD INSURANCE GROUP INC Financial Services 3,996.0 $540K 0.03% +4K +7439.6% $135.23 -0.7%
73 ADI ANALOG DEVICES INC Technology 1,569.0 $499K 0.03% +2K +3923.1% $318.14 +31.2%
74 GEV GE VERNOVA INC Utilities 542.0 $473K 0.02% +201.0 +58.9% $872.90 +24.9%
75 APH AMPHENOL CORP Technology 3,553.0 $449K 0.02% +4K +10000.0% $126.35 -1.1%
76 PGR PROGRESSIVE CORP Financial Services 2,235.0 $443K 0.02% +2K +6108.3% $198.24 -1.2%
77 CANADIAN PACIFIC KANSAS CITY 5,195.0 $409K 0.02% +4K +352.9% $78.66
78 AGG ISHARES TR 3,930.0 $390K 0.02% +4K +10000.0% $99.27 -1.3%
79 INTC INTEL CORP Technology 8,579.0 $379K 0.02% +2K +26.6% $44.13 +162.7%
80 BSJQ INVESCO EXCH TRD SLF IDX FD 15,428.0 $358K 0.02% +13K +500.3% $23.18 +0.1%
Page 4 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%