ALERUS FINANCIAL NA

Filed: 8/8/2024ACC: 0000919458-24-000003

📋 What this filing means

ALERUS FINANCIAL NA filed this quarterly 13F‑HR report disclosing 156 equity positions with a total reported market value of $1.34B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

156

Positions

$1.34B

Total AUM (reported)

16.40M

Total Shares

Allocation by class

COM$676.72M50.6%

S&P 500 EFT SH$143.35M10.7%

WORLD EX US CORE$98.75M7.4%

CORE TOTUSBD ETF$78.44M5.9%

CORE MSCI TOTAL$73.32M5.5%

X FDETF$33.94M2.5%

SHORT TERM TREAS$30.06M2.2%

Portfolio Concentration

Top 3$320.54M24.0%

4–10$338.37M25.3%

11–25$261.44M19.5%

Rest$417.58M31.2%

Top 3 weight

24.0%

Top 10 weight

49.2%

Voting Authority Distribution

Total shares with voting rights: 16.40M

Sole

Full voting authority

14.39M

% of voting shares87.7%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.02M

% of voting shares12.3%

Investment Discretion (by position count)

Sole156

Shared0

Other0

Dominant voting typeSole · 87.7% of voting shares

Institutional Holdings156

Rows:

VANGUARD INDEX FDS

SOLE

S&P 500 EFT SH

Shares286.63K

TypeSH

Market value$143.35M

10.71%

Sole

286.63K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

WORLD EX US CORE

Shares3.88M

TypeSH

Market value$98.75M

7.38%

Sole

3.88M

Shared

0.00

None

0.00

ISHARES TRUST

SOLE

CORE TOTUSBD ETF

Shares808.11K

TypeSH

Market value$78.44M

5.86%

Sole

808.11K

Shared

0.00

None

0.00

ISHARES TRUST

SOLE

CORE MSCI TOTAL

Shares1.09M

TypeSH

Market value$73.32M

5.48%

Sole

1.09M

Shared

0.00

None

0.00

MICROSOFT INC

SOLE

COM

Shares121.99K

TypeSH

Market value$54.52M

4.08%

Sole

121.99K

Shared

0.00

None

0.00

APPLE COMPUTER

SOLE

COM

Shares249.48K

TypeSH

Market value$52.54M

3.93%

Sole

249.48K

Shared

0.00

None

0.00

NIVIDIA CORP

SOLE

COM

Shares413K

TypeSH

Market value$51.02M

3.81%

Sole

413K

Shared

0.00

None

0.00

ALERUS FINANCIAL CORP

SOLE

COM

Shares2.13M

TypeSH

Market value$41.85M

3.13%

Sole

118.98K

Shared

0.00

None

2.02M

ISHARES RUSSELL MIDCAP

SOLE

X FDETF

Shares418.60K

TypeSH

Market value$33.94M

2.54%

Sole

418.60K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

COM

Shares171.09K

TypeSH

Market value$31.16M

2.33%

Sole

171.09K

Shared

0.00

None

0.00

BROADCOM INC

SOLE

COM

Shares18.96K

TypeSH

Market value$30.44M

2.28%

Sole

18.96K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHORT TERM TREAS

Shares396.29K

TypeSH

Market value$30.06M

2.25%

Sole

396.29K

Shared

0.00

None

0.00

AMAZON.COM INC

SOLE

COM

Shares144.44K

TypeSH

Market value$27.91M

2.09%

Sole

144.44K

Shared

0.00

None

0.00

JP MORGAN CHASE & CO

SOLE

COM

Shares118.33K

TypeSH

Market value$23.93M

1.79%

Sole

118.33K

Shared

0.00

None

0.00

LILLY ELI & CO

SOLE

COM

Shares21.79K

TypeSH

Market value$19.73M

1.47%

Sole

21.79K

Shared

0.00

None

0.00

EATON CORP PLC

SOLE

SHS

Shares56.68K

TypeSH

Market value$17.77M

1.33%

Sole

56.68K

Shared

0.00

None

0.00

META PLATFORMS INC

SOLE

CL A

Shares33.35K

TypeSH

Market value$16.82M

1.26%

Sole

33.35K

Shared

0.00

None

0.00

EXXON MOBIL CORP COM

SOLE

COM

Shares134.94K

TypeSH

Market value$15.53M

1.16%

Sole

134.94K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY

SOLE

CL B NEW

Shares33.62K

TypeSH

Market value$13.68M

1.02%

Sole

33.62K

Shared

0.00

None

0.00

VISA INC

SOLE

COM CL A

Shares47.68K

TypeSH

Market value$12.51M

0.94%

Sole

47.68K

Shared

0.00

None

0.00

GOLDMAN SACHS PHYSICAL GOLD

SOLE

UNIT

Shares528.23K

TypeSH

Market value$12.15M

0.91%

Sole

528.23K

Shared

0.00

None

0.00

CADENCE DESIGN SYSTEM INC

SOLE

COM

Shares35.47K

TypeSH

Market value$10.92M

0.82%

Sole

35.47K

Shared

0.00

None

0.00

SELECT SECTOR SPDR ETF

SOLE

ENERGY

Shares117.10K

TypeSH

Market value$10.67M

0.80%

Sole

117.10K

Shared

0.00

None

0.00

SOUTHERN COMPANY

SOLE

COM

Shares130.80K

TypeSH

Market value$10.15M

0.76%

Sole

130.80K

Shared

0.00

None

0.00

PARKER HANNIFEN CORPORATION

SOLE

COM

Shares18.12K

TypeSH

Market value$9.17M

0.69%

Sole

18.12K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSSOLE	S&P 500 EFT SH	286.63K	SH	$143.35M 10.71%	286.63K	0.00
DIMENSIONAL ETF TRUSTSOLE	WORLD EX US CORE	3.88M	SH	$98.75M 7.38%	3.88M	0.00
ISHARES TRUSTSOLE	CORE TOTUSBD ETF	808.11K	SH	$78.44M 5.86%	808.11K	0.00
ISHARES TRUSTSOLE	CORE MSCI TOTAL	1.09M	SH	$73.32M 5.48%	1.09M	0.00
MICROSOFT INCSOLE	COM	121.99K	SH	$54.52M 4.08%	121.99K	0.00
APPLE COMPUTERSOLE	COM	249.48K	SH	$52.54M 3.93%	249.48K	0.00
NIVIDIA CORPSOLE	COM	413K	SH	$51.02M 3.81%	413K	0.00
ALERUS FINANCIAL CORPSOLE	COM	2.13M	SH	$41.85M 3.13%	118.98K	2.02M
ISHARES RUSSELL MIDCAPSOLE	X FDETF	418.60K	SH	$33.94M 2.54%	418.60K	0.00
ALPHABET INCSOLE	COM	171.09K	SH	$31.16M 2.33%	171.09K	0.00
BROADCOM INCSOLE	COM	18.96K	SH	$30.44M 2.28%	18.96K	0.00
VANGUARD SCOTTSDALE FDSSOLE	SHORT TERM TREAS	396.29K	SH	$30.06M 2.25%	396.29K	0.00
AMAZON.COM INCSOLE	COM	144.44K	SH	$27.91M 2.09%	144.44K	0.00
JP MORGAN CHASE & COSOLE	COM	118.33K	SH	$23.93M 1.79%	118.33K	0.00
LILLY ELI & COSOLE	COM	21.79K	SH	$19.73M 1.47%	21.79K	0.00
EATON CORP PLCSOLE	SHS	56.68K	SH	$17.77M 1.33%	56.68K	0.00
META PLATFORMS INCSOLE	CL A	33.35K	SH	$16.82M 1.26%	33.35K	0.00
EXXON MOBIL CORP COMSOLE	COM	134.94K	SH	$15.53M 1.16%	134.94K	0.00
BERKSHIRE HATHAWAYSOLE	CL B NEW	33.62K	SH	$13.68M 1.02%	33.62K	0.00
VISA INCSOLE	COM CL A	47.68K	SH	$12.51M 0.94%	47.68K	0.00
GOLDMAN SACHS PHYSICAL GOLDSOLE	UNIT	528.23K	SH	$12.15M 0.91%	528.23K	0.00
CADENCE DESIGN SYSTEM INCSOLE	COM	35.47K	SH	$10.92M 0.82%	35.47K	0.00
SELECT SECTOR SPDR ETFSOLE	ENERGY	117.10K	SH	$10.67M 0.80%	117.10K	0.00
SOUTHERN COMPANYSOLE	COM	130.80K	SH	$10.15M 0.76%	130.80K	0.00
PARKER HANNIFEN CORPORATIONSOLE	COM	18.12K	SH	$9.17M 0.69%	18.12K	0.00

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