ALERUS FINANCIAL NA

Filed: 2/12/2024ACC: 0000919458-24-000001

📋 What this filing means

ALERUS FINANCIAL NA filed this quarterly 13F‑HR report disclosing 151 equity positions with a total reported market value of $1.23B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

151

Positions

$1.23B

Total AUM (reported)

16.20M

Total Shares

Allocation by class

COM$578.42M47.2%

S&P 500 EFT SH$130.16M10.6%

WORLD EX US CORE$96.42M7.9%

CORE TOTUSBD ETF$76.37M6.2%

CORE MSCI TOTAL$68.72M5.6%

X FDETF$32.60M2.7%

INT-TERM CORP$29.57M2.4%

Portfolio Concentration

Top 3$302.94M24.7%

4–10$301.81M24.6%

11–25$210.35M17.2%

Rest$410.24M33.5%

Top 3 weight

24.7%

Top 10 weight

49.4%

Voting Authority Distribution

Total shares with voting rights: 16.20M

Sole

Full voting authority

14.15M

% of voting shares87.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.05M

% of voting shares12.7%

Investment Discretion (by position count)

Sole151

Shared0

Other0

Dominant voting typeSole · 87.3% of voting shares

Institutional Holdings151

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 EFT SH

Shares297.98K

TypeSH

Market value$130.16M

10.62%

Sole

297.98K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

WORLD EX US CORE

Shares3.95M

TypeSH

Market value$96.42M

7.87%

Sole

3.95M

Shared

0.00

None

0.00

ISHARES TRUST

SOLE

CORE TOTUSBD ETF

Shares769.43K

TypeSH

Market value$76.37M

6.23%

Sole

769.43K

Shared

0.00

None

0.00

ISHARES TRUST

SOLE

CORE MSCI TOTAL

Shares1.06M

TypeSH

Market value$68.72M

5.61%

Sole

1.06M

Shared

0.00

None

0.00

ALERUS FINANCIAL CORP

SOLE

COM

Shares2.26M

TypeSH

Market value$50.62M

4.13%

Sole

210.96K

Shared

0.00

None

2.05M

APPLE COMPUTER

SOLE

COM

Shares257.12K

TypeSH

Market value$49.50M

4.04%

Sole

257.12K

Shared

0.00

None

0.00

MICROSOFT INC

SOLE

COM

Shares129.90K

TypeSH

Market value$48.85M

3.99%

Sole

129.90K

Shared

0.00

None

0.00

ISHARES RUSSELL MIDCAP

SOLE

X FDETF

Shares419.36K

TypeSH

Market value$32.60M

2.66%

Sole

419.36K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares363.79K

TypeSH

Market value$29.57M

2.41%

Sole

363.79K

Shared

0.00

None

0.00

NIVIDIA CORP

SOLE

COM

Shares44.31K

TypeSH

Market value$21.94M

1.79%

Sole

44.31K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

COM

Shares156.49K

TypeSH

Market value$21.86M

1.78%

Sole

156.49K

Shared

0.00

None

0.00

JP MORGAN CHASE & CO

SOLE

COM

Shares125.07K

TypeSH

Market value$21.27M

1.74%

Sole

125.07K

Shared

0.00

None

0.00

AMAZON.COM INC

SOLE

COM

Shares127.95K

TypeSH

Market value$19.44M

1.59%

Sole

127.95K

Shared

0.00

None

0.00

SELECT SECTOR SPDR ETF

SOLE

TECHNOLOGY

Shares91.03K

TypeSH

Market value$17.52M

1.43%

Sole

91.03K

Shared

0.00

None

0.00

EATON CORP PLC

SOLE

SHS

Shares60.25K

TypeSH

Market value$14.51M

1.18%

Sole

60.25K

Shared

0.00

None

0.00

LILLY ELI & CO

SOLE

COM

Shares23.84K

TypeSH

Market value$13.89M

1.13%

Sole

23.84K

Shared

0.00

None

0.00

SELECT SECTOR SPDR ETF

SOLE

ENERGY

Shares157.45K

TypeSH

Market value$13.20M

1.08%

Sole

157.45K

Shared

0.00

None

0.00

VISA INC

SOLE

COM CL A

Shares49.73K

TypeSH

Market value$12.95M

1.06%

Sole

49.73K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares36.28K

TypeSH

Market value$12.84M

1.05%

Sole

36.28K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY

SOLE

CL B NEW

Shares35.02K

TypeSH

Market value$12.49M

1.02%

Sole

35.02K

Shared

0.00

None

0.00

GOLDMAN SACHS PHYSICAL GOLD

SOLE

UNIT

Shares528.28K

TypeSH

Market value$10.80M

0.88%

Sole

528.28K

Shared

0.00

None

0.00

BROADCOM INC

SOLE

COM

Shares9.26K

TypeSH

Market value$10.34M

0.84%

Sole

9.26K

Shared

0.00

None

0.00

CLOROX CO DEL

SOLE

COM

Shares71.35K

TypeSH

Market value$10.17M

0.83%

Sole

71.35K

Shared

0.00

None

0.00

CHEVRON TEXACO

SOLE

COM

Shares65.42K

TypeSH

Market value$9.76M

0.80%

Sole

65.42K

Shared

0.00

None

0.00

SELECT SECTOR SPDR TR

SOLE

SBI CONS DISCR

Shares52.03K

TypeSH

Market value$9.30M

0.76%

Sole

52.03K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 EFT SH	297.98K	SH	$130.16M 10.62%	297.98K	0.00
DIMENSIONAL ETF TRUSTSOLE	WORLD EX US CORE	3.95M	SH	$96.42M 7.87%	3.95M	0.00
ISHARES TRUSTSOLE	CORE TOTUSBD ETF	769.43K	SH	$76.37M 6.23%	769.43K	0.00
ISHARES TRUSTSOLE	CORE MSCI TOTAL	1.06M	SH	$68.72M 5.61%	1.06M	0.00
ALERUS FINANCIAL CORPSOLE	COM	2.26M	SH	$50.62M 4.13%	210.96K	2.05M
APPLE COMPUTERSOLE	COM	257.12K	SH	$49.50M 4.04%	257.12K	0.00
MICROSOFT INCSOLE	COM	129.90K	SH	$48.85M 3.99%	129.90K	0.00
ISHARES RUSSELL MIDCAPSOLE	X FDETF	419.36K	SH	$32.60M 2.66%	419.36K	0.00
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	363.79K	SH	$29.57M 2.41%	363.79K	0.00
NIVIDIA CORPSOLE	COM	44.31K	SH	$21.94M 1.79%	44.31K	0.00
ALPHABET INCSOLE	COM	156.49K	SH	$21.86M 1.78%	156.49K	0.00
JP MORGAN CHASE & COSOLE	COM	125.07K	SH	$21.27M 1.74%	125.07K	0.00
AMAZON.COM INCSOLE	COM	127.95K	SH	$19.44M 1.59%	127.95K	0.00
SELECT SECTOR SPDR ETFSOLE	TECHNOLOGY	91.03K	SH	$17.52M 1.43%	91.03K	0.00
EATON CORP PLCSOLE	SHS	60.25K	SH	$14.51M 1.18%	60.25K	0.00
LILLY ELI & COSOLE	COM	23.84K	SH	$13.89M 1.13%	23.84K	0.00
SELECT SECTOR SPDR ETFSOLE	ENERGY	157.45K	SH	$13.20M 1.08%	157.45K	0.00
VISA INCSOLE	COM CL A	49.73K	SH	$12.95M 1.06%	49.73K	0.00
META PLATFORMS INCSOLE	CL A	36.28K	SH	$12.84M 1.05%	36.28K	0.00
BERKSHIRE HATHAWAYSOLE	CL B NEW	35.02K	SH	$12.49M 1.02%	35.02K	0.00
GOLDMAN SACHS PHYSICAL GOLDSOLE	UNIT	528.28K	SH	$10.80M 0.88%	528.28K	0.00
BROADCOM INCSOLE	COM	9.26K	SH	$10.34M 0.84%	9.26K	0.00
CLOROX CO DELSOLE	COM	71.35K	SH	$10.17M 0.83%	71.35K	0.00
CHEVRON TEXACOSOLE	COM	65.42K	SH	$9.76M 0.80%	65.42K	0.00
SELECT SECTOR SPDR TRSOLE	SBI CONS DISCR	52.03K	SH	$9.30M 0.76%	52.03K	0.00

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