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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 2 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 TFC TRUIST FINL CORP Financial Services 152,297.0 $7.0M 0.35% -20K -11.8% $45.97 +2.5%
22 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 33,636.0 $6.6M 0.33% -4K -11.2% $197.50 +22.7%
23 CDNS CADENCE DESIGN SYSTEM INC Technology 22,502.0 $6.3M 0.31% -5K -17.1% $277.87 +25.0%
24 CAT CATERPILLAR INC Industrials 8,662.0 $6.1M 0.30% -1K -11.6% $708.46 +25.4%
25 LNG CHENIERE ENERGY INC Energy 20,679.0 $5.9M 0.29% -5K -20.9% $283.76 -15.0%
26 DLR DIGITAL RLTY TR INC Real Estate 30,720.0 $5.5M 0.27% -13K -29.1% $180.21 +7.0%
27 MA MASTERCARD INCORPORATED Financial Services 10,932.0 $5.5M 0.27% -166.0 -1.5% $499.66 -1.9%
28 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 33,943.0 $5.3M 0.26% -5K -13.3% $157.28 -1.0%
29 PRU PRUDENTIAL FINL INC Financial Services 52,766.0 $5.2M 0.26% -11K -17.4% $97.69 +5.6%
30 HEI HEICO CORP NEW Industrials 18,713.0 $5.1M 0.25% -3K -14.5% $274.20 +8.4%
31 MMM 3M CO Industrials 35,136.0 $5.1M 0.25% -9K -21.3% $145.23 -0.1%
32 ISRG INTUITIVE SURGICAL INC Healthcare 11,003.0 $5.1M 0.25% -2K -14.5% $460.99 -7.1%
33 LNT ALLIANT ENERGY CORP Utilities 68,413.0 $4.9M 0.24% -25K -26.9% $71.76 +1.0%
34 XLE SELECT SECTOR SPDR TR 79,535.0 $4.9M 0.24% -22K -21.3% $61.26 -2.9%
35 BSX BOSTON SCIENTIFIC CORP Healthcare 77,034.0 $4.8M 0.24% -7K -8.6% $62.75 -16.0%
36 XLU SELECT SECTOR SPDR TR 105,287.0 $4.8M 0.24% -24K -18.5% $45.89 -4.4%
37 SHOP SHOPIFY INC Technology 39,251.0 $4.7M 0.23% -5K -12.1% $118.62 -17.9%
38 BK BANK NEW YORK MELLON CORP Financial Services 37,416.0 $4.4M 0.22% -7K -16.3% $118.63 +13.8%
39 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 11,098.0 $4.3M 0.21% -83.0 -0.7% $391.76 +105.4%
40 WSO WATSCO INC Industrials 11,939.0 $4.3M 0.21% -444.0 -3.6% $363.79 +14.4%
Page 2 of 8  ·  146 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%