Filed: 8/13/2025ACC: 0000919458-25-000003
📋 What this filing means
ALERUS FINANCIAL NA filed this quarterly 13F‑HR report disclosing 510 equity positions with a total reported market value of $1.39B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
510
Positions
$1.39B
Total AUM (reported)
15.71M
Total Shares
Allocation by class
COM$696.68M50.2%
S&P 500 ETF SHS$143.44M10.3%
WORLD EX US CORE$103.92M7.5%
CORE MSCI TOTAL$73.68M5.3%
CORE US AGGBD ET$73.49M5.3%
RUS MID CAP ETF$35.37M2.5%
LG-TERM COR BD$31.08M2.2%
Portfolio Concentration
Top 3$321.04M23.1%
4–10$346.06M24.9%
11–25$256.90M18.5%
Rest$464.66M33.5%
Top 3 weight
23.1%
Top 10 weight
48.0%
Voting Authority Distribution
Total shares with voting rights: 15.71M
Sole
Full voting authority
13.65M
shares
% of voting shares86.9%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.06M
shares
% of voting shares13.1%
Investment Discretion (by position count)
Sole508
Shared0
Other2
Dominant voting typeSole · 86.9% of voting shares
Institutional Holdings510
Rows:
VANGUARD INDEX FDS
SOLEShares252.52K
TypeSH
Market value$143.44M
10.33%
Sole
252.52K
Shared
0.00
None
0.00
DIMENSIONAL ETF TRUST
SOLEShares3.54M
TypeSH
Market value$103.92M
7.48%
Sole
3.54M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares953.09K
TypeSH
Market value$73.68M
5.31%
Sole
953.09K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares740.79K
TypeSH
Market value$73.49M
5.29%
Sole
740.79K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares349.22K
TypeSH
Market value$55.17M
3.97%
Sole
349.22K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares108.01K
TypeSH
Market value$53.72M
3.87%
Sole
108.01K
Shared
0.00
None
0.00
ALERUS FINL CORP
SOLEShares2.18M
TypeSH
Market value$47.08M
3.39%
Sole
151.14K
Shared
0.00
None
2.02M
APPLE INC
SOLEShares201.56K
TypeSH
Market value$41.36M
2.98%
Sole
201.56K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares144.65K
TypeSH
Market value$39.87M
2.87%
Sole
144.65K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares384.56K
TypeSH
Market value$35.37M
2.55%
Sole
384.56K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares409.51K
TypeSH
Market value$31.08M
2.24%
Sole
407.90K
Shared
0.00
None
1.62K
AMAZON COM INC
SOLEShares118.82K
TypeSH
Market value$26.07M
1.88%
Sole
118.82K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares80.63K
TypeSH
Market value$23.37M
1.68%
Sole
80.63K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares127.09K
TypeSH
Market value$22.40M
1.61%
Sole
127.09K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares25.75K
TypeSH
Market value$19.00M
1.37%
Sole
25.75K
Shared
0.00
None
0.00
EATON CORP PLC
SOLEShares48.07K
TypeSH
Market value$17.16M
1.24%
Sole
48.07K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares183.87K
TypeSH
Market value$16.04M
1.15%
Sole
183.87K
Shared
0.00
None
0.00
TESLA INC
SOLEShares48.24K
TypeSH
Market value$15.32M
1.10%
Sole
48.24K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares19.23K
TypeSH
Market value$14.99M
1.08%
Sole
19.23K
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
SOLEShares42.46K
TypeSH
Market value$12.52M
0.90%
Sole
42.46K
Shared
0.00
None
0.00
SOUTHERN CO
SOLEShares135.78K
TypeSH
Market value$12.47M
0.90%
Sole
135.78K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares115.51K
TypeSH
Market value$12.45M
0.90%
Sole
115.51K
Shared
0.00
None
0.00
TAKE-TWO INTERACTIVE SOFTWAR
SOLEShares48.63K
TypeSH
Market value$11.81M
0.85%
Sole
48.63K
Shared
0.00
None
0.00
GOLDMAN SACHS PHYSICAL GOLD
SOLEShares351.74K
TypeSH
Market value$11.49M
0.83%
Sole
351.74K
Shared
0.00
None
0.00
UNILEVER PLC
SOLEShares175.23K
TypeSH
Market value$10.72M
0.77%
Sole
175.23K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 252.52K | SH | $143.44M 10.33% | 252.52K | 0.00 | 0.00 |
DIMENSIONAL ETF TRUSTSOLE | WORLD EX US CORE | 3.54M | SH | $103.92M 7.48% | 3.54M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE MSCI TOTAL | 953.09K | SH | $73.68M 5.31% | 953.09K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE US AGGBD ET | 740.79K | SH | $73.49M 5.29% | 740.79K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 349.22K | SH | $55.17M 3.97% | 349.22K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 108.01K | SH | $53.72M 3.87% | 108.01K | 0.00 | 0.00 |
ALERUS FINL CORPSOLE | COM | 2.18M | SH | $47.08M 3.39% | 151.14K | 0.00 | 2.02M |
APPLE INCSOLE | COM | 201.56K | SH | $41.36M 2.98% | 201.56K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 144.65K | SH | $39.87M 2.87% | 144.65K | 0.00 | 0.00 |
ISHARES TRSOLE | RUS MID CAP ETF | 384.56K | SH | $35.37M 2.55% | 384.56K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | LG-TERM COR BD | 409.51K | SH | $31.08M 2.24% | 407.90K | 0.00 | 1.62K |
AMAZON COM INCSOLE | COM | 118.82K | SH | $26.07M 1.88% | 118.82K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 80.63K | SH | $23.37M 1.68% | 80.63K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 127.09K | SH | $22.40M 1.61% | 127.09K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 25.75K | SH | $19.00M 1.37% | 25.75K | 0.00 | 0.00 |
EATON CORP PLCSOLE | SHS | 48.07K | SH | $17.16M 1.24% | 48.07K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS2000IDX | 183.87K | SH | $16.04M 1.15% | 183.87K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 48.24K | SH | $15.32M 1.10% | 48.24K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 19.23K | SH | $14.99M 1.08% | 19.23K | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 42.46K | SH | $12.52M 0.90% | 42.46K | 0.00 | 0.00 |
SOUTHERN COSOLE | COM | 135.78K | SH | $12.47M 0.90% | 135.78K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 115.51K | SH | $12.45M 0.90% | 115.51K | 0.00 | 0.00 |
TAKE-TWO INTERACTIVE SOFTWARSOLE | COM | 48.63K | SH | $11.81M 0.85% | 48.63K | 0.00 | 0.00 |
GOLDMAN SACHS PHYSICAL GOLDSOLE | UNIT | 351.74K | SH | $11.49M 0.83% | 351.74K | 0.00 | 0.00 |
UNILEVER PLCSOLE | SPON ADR NEW | 175.23K | SH | $10.72M 0.77% | 175.23K | 0.00 | 0.00 |
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