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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 14 of 26  ·  510 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 FTV FORTIVE CORP Technology 2,227.0 $123K 0.01% -43.0 -1.9% $55.28 +6.2%
262 RDIV INVESCO EXCH TRADED FD TR II 2,175.0 $121K 0.01% $55.66 +1.6%
263 IDXX IDEXX LABS INC Healthcare 200.0 $112K 0.01% $561.89 -5.9%
264 APOS APOLLO GLOBAL MGMT INC Financial Services 980.0 $109K 0.01% $111.42 -76.8%
265 VLTO VERALTO CORP Industrials 1,233.0 $109K 0.01% $88.42 -4.1%
266 CSX CSX CORP Industrials 2,454.0 $101K 0.01% -150.0 -5.8% $41.05 +11.2%
267 EPD ENTERPRISE PRODS PARTNERS L Energy 2,600.0 $98K 0.01% -250.0 -8.8% $37.84 +3.7%
268 VBK VANGUARD INDEX FDS 311.0 $94K 0.01% $302.25 +10.7%
269 TOTALENERGIES SE 1,005.0 $91K 0.01% NEW $90.98
270 MICC MAGNUM ICE CREAM CO NV Consumer Defensive 6,030.0 $90K 0.00% NEW $14.95 +11.4%
271 MCK MCKESSON CORP Healthcare 104.0 $90K 0.00% $865.36 -12.1%
272 EQIX EQUINIX INC Real Estate 90.0 $88K 0.00% -25.0 -21.7% $980.24 +8.1%
273 SHW SHERWIN WILLIAMS CO Basic Materials 269.0 $86K 0.00% NEW $320.55 -6.4%
274 TPL TEXAS PACIFIC LAND CORPORATI Energy 180.0 $85K 0.00% $474.56 -18.8%
275 IEF ISHARES TR 886.0 $85K 0.00% -36.0 -3.9% $95.44 -2.1%
276 GWW WW GRAINGER INC Industrials 75.0 $82K 0.00% -17.0 -18.5% $1090.81 +16.7%
277 JPLD J P MORGAN EXCHANGE TRADED F 1,529.0 $80K 0.00% NEW $52.19 -0.3%
278 ADBE ADOBE INC Technology 321.0 $78K 0.00% -8.0 -2.4% $243.08 +5.2%
279 PULS PGIM ETF TR 1,542.0 $76K 0.00% NEW $49.50 +0.3%
280 VB VANGUARD INDEX FDS 291.0 $76K 0.00% $261.92 +7.4%
Page 14 of 26  ·  510 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%