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Portfolio (Quarterly) Guide ↗

ALERUS FINANCIAL NA

· CIK 0000919458
13F Portfolio $2.0B AUM 513 positions Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 508 New
Page 21 of 26  ·  508 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
401 XHR XENIA HOTELS & RESORTS INC Real Estate 375.0 $5K NEW $14.14 +43.9%
402 CARR CARRIER GLOBAL CORPORATION Industrials 99.0 $5K NEW $52.84 +32.6%
403 LIGHT & WONDER INC 50.0 $5K NEW $103.10
404 HIX WESTERN ASSET HIGH INCOM FD Financial Services 1,232.0 $5K NEW $4.16 -5.0%
405 BP BP PLC Energy 144.0 $5K NEW $34.73 +7.7%
406 EFV ISHARES TR 69.0 $5K NEW $71.41 +9.0%
407 SPYG SPDR SERIES TRUST 46.0 $5K NEW $106.70 +9.8%
408 RYANAIR HOLDINGS PLC 67.0 $5K NEW $72.19
409 SNA SNAP ON INC Industrials 14.0 $5K NEW $344.57 +19.6%
410 RPM RPM INTL INC Basic Materials 46.0 $5K NEW $104.00 +7.3%
411 DG DOLLAR GEN CORP NEW Consumer Defensive 36.0 $5K NEW $132.78 -11.0%
412 QUAL ISHARES TR 24.0 $5K NEW $198.62 +10.0%
413 LEVI LEVI STRAUSS & CO NEW Consumer Cyclical 225.0 $5K NEW $20.74 +17.7%
414 DYNF BLACKROCK ETF TRUST 75.0 $5K NEW $60.81 +10.4%
415 IEMG ISHARES INC 67.0 $5K NEW $67.22 +18.8%
416 XLG INVESCO EXCHANGE TRADED FD T 75.0 $4K NEW $59.28 +2.4%
417 MTB M & T BK CORP Financial Services 22.0 $4K NEW $201.50 +18.6%
418 FDS FACTSET RESH SYS INC Financial Services 15.0 $4K NEW $290.20 -13.8%
419 GOOS CANADA GOOSE HLDGS INC Consumer Cyclical 320.0 $4K NEW $12.95 -25.9%
420 DVN DEVON ENERGY CORP NEW Energy 112.0 $4K NEW $36.63 +10.5%
Page 21 of 26  ·  508 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 32.7%
Financial Services 20.5%
Communication Services 10.0%
Healthcare 9.3%
Industrials 8.9%
Consumer Cyclical 7.7%
Consumer Defensive 3.1%
Energy 2.8%
Utilities 2.5%
Basic Materials 1.6%