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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 12 of 26  ·  508 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 VNQ VANGUARD INDEX FDS 786.0 $70K 0.00% NEW $88.49 +10.8%
222 BUD ANHEUSER BUSCH INBEV SA/NV Consumer Defensive 1,074.0 $69K 0.00% NEW $64.04 +27.0%
223 BDX BECTON DICKINSON & CO Healthcare 336.0 $65K 0.00% NEW $194.07 -18.5%
224 TJX TJX COS INC NEW Consumer Cyclical 411.0 $63K 0.00% NEW $153.61 +0.4%
225 BSJR INVESCO EXCH TRD SLF IDX FD 2,791.0 $63K 0.00% NEW $22.61 -1.1%
226 EOG EOG RES INC Energy 600.0 $63K 0.00% NEW $105.01 +24.5%
227 VUG VANGUARD INDEX FDS 129.0 $63K 0.00% NEW $487.86 -82.5%
228 DAL DELTA AIR LINES INC DEL Industrials 900.0 $62K 0.00% NEW $69.40 +33.6%
229 BSJQ INVESCO EXCH TRD SLF IDX FD 2,570.0 $60K 0.00% NEW $23.34 -1.6%
230 BMRN BIOMARIN PHARMACEUTICAL INC Healthcare 1,000.0 $59K 0.00% NEW $59.43 -0.7%
231 VST VISTRA CORP Utilities 362.0 $58K 0.00% NEW $161.33 -5.1%
232 RJF RAYMOND JAMES FINL INC Financial Services 363.0 $58K 0.00% NEW $160.59 +1.3%
233 VBR VANGUARD INDEX FDS 274.0 $58K 0.00% NEW $211.79 +14.8%
234 MDLZ MONDELEZ INTL INC Consumer Defensive 1,058.0 $57K 0.00% NEW $53.83 +13.2%
235 BA BOEING CO Industrials 257.0 $56K 0.00% NEW $217.12 +4.3%
236 BKNG BOOKING HOLDINGS INC Consumer Cyclical 10.0 $54K 0.00% NEW $5355.30 -96.6%
237 CME CME GROUP INC Financial Services 196.0 $54K 0.00% NEW $273.08 -13.4%
238 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 1,442.0 $53K 0.00% NEW $37.00 -4.4%
239 AMP AMERIPRISE FINL INC Financial Services 106.0 $52K 0.00% NEW $490.34 -0.2%
240 TPL TEXAS PACIFIC LAND CORPORATI Energy 180.0 $52K 0.00% NEW $287.22 +41.8%
Page 12 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%