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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 5 of 5  ·  96 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 ABT ABBOTT LABORATORIES Healthcare 3,291.0 $338K 0.02% +967.0 +41.6% $102.67 -17.7%
82 NEM NEWMONT CORP Basic Materials 3,087.0 $334K 0.02% +2K +223.2% $108.25 +7.5%
83 PEP PEPSICO INC Consumer Defensive 2,083.0 $323K 0.02% +963.0 +86.0% $155.29 -4.3%
84 DVN DEVON ENERGY CORP NEW Energy 5,202.0 $262K 0.01% +5K +4544.6% $50.32 -6.1%
85 HLT HILTON WORLDWIDE HLDGS INC Consumer Cyclical 825.0 $251K 0.01% +779.0 +1693.5% $304.08 +4.1%
86 UNP UNION PAC CORP Industrials 922.0 $224K 0.01% +731.0 +382.7% $242.62 +11.0%
87 TT TRANE TECHNOLOGIES PLC Industrials 532.0 $222K 0.01% +507.0 +2028.0% $416.74 +15.6%
88 VICI VICI PPTYS INC Real Estate 6,815.0 $186K 0.01% +7K +3449.5% $27.32 +2.0%
89 FISV FISERV INC Technology 3,300.0 $184K 0.01% +3K +2540.0% $55.80 -4.2%
90 NDAQ NASDAQ INC Financial Services 2,064.0 $175K 0.01% +2K +3340.0% $84.89 +7.1%
91 CTSH COGNIZANT TECHNOLOGY SOLUTIO Technology 2,801.0 $172K 0.01% +2K +210.2% $61.35 -24.9%
92 ENB ENBRIDGE INC Energy 2,831.0 $153K 0.01% +2K +299.9% $54.14 +3.8%
93 ADP AUTOMATIC DATA PROCESSING IN Industrials 693.0 $141K 0.01% +605.0 +687.5% $203.18 +5.6%
94 TJX TJX COS INC NEW Consumer Cyclical 427.0 $68K 0.00% +16.0 +3.9% $159.70 -7.7%
95 PLD PROLOGIS INC. Real Estate 69.0 $9K +38.0 +122.6% $132.17 +7.9%
96 EMXC ISHARES INC 31.0 $2K +1.0 +3.3% $78.65 +19.0%
Page 5 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%