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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 6 of 26  ·  508 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 STT STATE STR CORP Financial Services 19,316.0 $2.5M 0.12% NEW $129.01 +31.2%
102 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 25,544.0 $2.3M 0.11% NEW $91.21 -3.0%
103 ARM ARM HOLDINGS PLC Technology 20,274.0 $2.2M 0.11% NEW $109.31 +186.6%
104 DD DUPONT DE NEMOURS INC Basic Materials 53,972.0 $2.2M 0.11% NEW $40.20 +246.1%
105 LIN LINDE PLC Basic Materials 4,618.0 $2.0M 0.10% NEW $426.39 +27.7%
106 MET METLIFE INC Financial Services 23,609.0 $1.9M 0.09% NEW $78.94 +13.2%
107 QQQ INVESCO QQQ TR Financial Services 3,020.0 $1.9M 0.09% NEW $614.31 +15.6%
108 CEG CONSTELLATION ENERGY CORP Utilities 5,179.0 $1.8M 0.09% NEW $353.27 -32.3%
109 VV VANGUARD INDEX FDS 5,705.0 $1.8M 0.09% NEW $314.80 +8.6%
110 MCD MCDONALDS CORP Consumer Cyclical 5,341.0 $1.6M 0.08% NEW $305.63 -8.7%
111 VTR VENTAS INC Real Estate 20,858.0 $1.6M 0.08% NEW $77.38 +18.9%
112 EQH EQUITABLE HLDGS INC Financial Services 32,901.0 $1.6M 0.08% NEW $47.65 -5.6%
113 SPY SPDR S&P 500 ETF TR Financial Services 2,244.0 $1.5M 0.07% NEW $681.92 +8.9%
114 SNAP SNAP INC Communication Services 186,503.0 $1.5M 0.07% NEW $8.07 -40.2%
115 UPS UNITED PARCEL SERVICE INC Industrials 14,663.0 $1.5M 0.07% NEW $99.19 +11.0%
116 MCHP MICROCHIP TECHNOLOGY INC. Technology 22,802.0 $1.5M 0.07% NEW $63.72 +31.6%
117 KO COCA COLA CO Consumer Defensive 18,657.0 $1.3M 0.06% NEW $69.91 +19.6%
118 AXP AMERICAN EXPRESS CO Financial Services 3,467.0 $1.3M 0.06% NEW $369.95 -5.2%
119 DE DEERE & CO Industrials 2,144.0 $998K 0.05% NEW $465.57 +32.5%
120 BSCQ INVESCO EXCH TRD SLF IDX FD 48,091.0 $941K 0.05% NEW $19.57 -0.2%
Page 6 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%