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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 5 of 26  ·  508 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 PM PHILIP MORRIS INTL INC Consumer Defensive 22,520.0 $3.6M 0.18% NEW $160.40 +14.0%
82 BAC BANK AMERICA CORP Financial Services 65,179.0 $3.6M 0.17% NEW $55.00 +6.4%
83 VTI VANGUARD INDEX FDS 10,263.0 $3.4M 0.17% NEW $335.27 +9.6%
84 XLP SELECT SECTOR SPDR TR 43,340.0 $3.4M 0.17% NEW $77.68 +9.5%
85 V VISA INC Financial Services 9,531.0 $3.3M 0.16% NEW $350.71 +2.7%
86 COST COSTCO WHSL CORP NEW Consumer Defensive 3,875.0 $3.3M 0.16% NEW $862.34 +10.0%
87 VCIT VANGUARD SCOTTSDALE FDS 39,786.0 $3.3M 0.16% NEW $83.75 -1.7%
88 IVV ISHARES TR 4,785.0 $3.3M 0.16% NEW $684.94 +8.9%
89 FITB FIFTH THIRD BANCORP Financial Services 69,806.0 $3.3M 0.16% NEW $46.81 +21.5%
90 C CITIGROUP INC Financial Services 27,812.0 $3.2M 0.16% NEW $116.69 +18.8%
91 NXPI NXP SEMICONDUCTORS N V Technology 14,354.0 $3.1M 0.15% NEW $217.06 +24.7%
92 AMAT APPLIED MATLS INC Technology 12,026.0 $3.1M 0.15% NEW $256.99 +130.5%
93 MS MORGAN STANLEY Financial Services 17,363.0 $3.1M 0.15% NEW $177.53 +19.8%
94 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 11,181.0 $3.1M 0.15% NEW $275.39 +193.6%
95 CYBERARK SOFTWARE LTD 6,611.0 $2.9M 0.14% NEW $446.06
96 FAST FASTENAL CO Industrials 71,569.0 $2.9M 0.14% NEW $40.13 +21.0%
97 WDC WESTERN DIGITAL CORP Technology 16,667.0 $2.9M 0.14% NEW $172.27 +211.5%
98 IVW ISHARES TR 22,097.0 $2.7M 0.13% NEW $123.26 +9.5%
99 PANW PALO ALTO NETWORKS INC Technology 14,472.0 $2.7M 0.13% NEW $184.20 +90.2%
100 XLB SELECT SECTOR SPDR TR 55,562.0 $2.5M 0.12% NEW $45.35 +13.7%
Page 5 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%