Filed: 2/13/2026ACC: 0000919458-26-000001
📋 What this filing means
ALERUS FINANCIAL NA filed this quarterly 13F‑HR report disclosing 508 equity positions with a total reported market value of $2.04B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
508
Positions
$2.04B
Total AUM (reported)
22.15M
Total Shares
Allocation by class
COM$757.32M37.0%
S&P 500 ETF SHS$472.59M23.1%
WORLD EX US CORE$276.00M13.5%
RUS MID CAP ETF$92.67M4.5%
CORE MSCI TOTAL$75.61M3.7%
CORE BD ETF$72.98M3.6%
CAP STK CL A$37.76M1.8%
Portfolio Concentration
Top 3$841.26M41.1%
4–10$406.86M19.9%
11–25$291.66M14.3%
Rest$504.65M24.7%
Top 3 weight
41.1%
Top 10 weight
61.1%
Voting Authority Distribution
Total shares with voting rights: 22.15M
Sole
Full voting authority
19.98M
shares
% of voting shares90.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.17M
shares
% of voting shares9.8%
Investment Discretion (by position count)
Sole501
Shared0
Other7
Dominant voting typeSole · 90.2% of voting shares
Institutional Holdings508
Rows:
VANGUARD INDEX FDS
DFNDShares753.58K
TypeSH
Market value$472.59M
23.12%
Sole
752.65K
Shared
0.00
None
925.00
DIMENSIONAL ETF TRUST
DFNDShares8.43M
TypeSH
Market value$276.00M
13.50%
Sole
8.43M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares962.63K
TypeSH
Market value$92.67M
4.53%
Sole
962.55K
Shared
0.00
None
75.00
ISHARES TR
SOLEShares893.28K
TypeSH
Market value$75.61M
3.70%
Sole
893.28K
Shared
0.00
None
0.00
VANGUARD MALVERN FDS
SOLEShares936.95K
TypeSH
Market value$72.98M
3.57%
Sole
936.95K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares339.34K
TypeSH
Market value$63.29M
3.10%
Sole
339.34K
Shared
0.00
None
0.00
ALERUS FINL CORP
SOLEShares2.29M
TypeSH
Market value$51.55M
2.52%
Sole
147.57K
Shared
0.00
None
2.14M
MICROSOFT CORP
SOLEShares105.44K
TypeSH
Market value$51.00M
2.49%
Sole
105.44K
Shared
0.00
None
0.00
APPLE INC
SOLEShares186.45K
TypeSH
Market value$50.69M
2.48%
Sole
186.45K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares120.63K
TypeSH
Market value$41.75M
2.04%
Sole
120.63K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares120.62K
TypeSH
Market value$37.76M
1.85%
Sole
120.62K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
DFNDShares391.27K
TypeSH
Market value$29.68M
1.45%
Sole
389.81K
Shared
0.00
None
1.46K
AMAZON COM INC
SOLEShares121.56K
TypeSH
Market value$28.06M
1.37%
Sole
121.56K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares67.49K
TypeSH
Market value$21.75M
1.06%
Sole
67.49K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares19.70K
TypeSH
Market value$21.18M
1.04%
Sole
19.70K
Shared
0.00
None
0.00
TESLA INC
SOLEShares47K
TypeSH
Market value$21.14M
1.03%
Sole
47K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares253.51K
TypeSH
Market value$20.21M
0.99%
Sole
253.51K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares26.86K
TypeSH
Market value$17.73M
0.87%
Sole
26.86K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares167.45K
TypeSH
Market value$16.66M
0.82%
Sole
167.45K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares117.45K
TypeSH
Market value$14.13M
0.69%
Sole
117.45K
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
SOLEShares45.14K
TypeSH
Market value$13.37M
0.65%
Sole
45.14K
Shared
0.00
None
0.00
GOLDMAN SACHS PHYSICAL GOLD
SOLEShares306.51K
TypeSH
Market value$13.04M
0.64%
Sole
306.51K
Shared
0.00
None
0.00
SOUTHERN CO
SOLEShares148.13K
TypeSH
Market value$12.92M
0.63%
Sole
148.13K
Shared
0.00
None
0.00
HEWLETT PACKARD ENTERPRISE C
SOLEShares508.35K
TypeSH
Market value$12.21M
0.60%
Sole
508.35K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares57.12K
TypeSH
Market value$11.82M
0.58%
Sole
57.12K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 753.58K | SH | $472.59M 23.12% | 752.65K | 0.00 | 925.00 |
DIMENSIONAL ETF TRUSTDFND | WORLD EX US CORE | 8.43M | SH | $276.00M 13.50% | 8.43M | 0.00 | 0.00 |
ISHARES TRDFND | RUS MID CAP ETF | 962.63K | SH | $92.67M 4.53% | 962.55K | 0.00 | 75.00 |
ISHARES TRSOLE | CORE MSCI TOTAL | 893.28K | SH | $75.61M 3.70% | 893.28K | 0.00 | 0.00 |
VANGUARD MALVERN FDSSOLE | CORE BD ETF | 936.95K | SH | $72.98M 3.57% | 936.95K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 339.34K | SH | $63.29M 3.10% | 339.34K | 0.00 | 0.00 |
ALERUS FINL CORPSOLE | COM | 2.29M | SH | $51.55M 2.52% | 147.57K | 0.00 | 2.14M |
MICROSOFT CORPSOLE | COM | 105.44K | SH | $51.00M 2.49% | 105.44K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 186.45K | SH | $50.69M 2.48% | 186.45K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 120.63K | SH | $41.75M 2.04% | 120.63K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 120.62K | SH | $37.76M 1.85% | 120.62K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSDFND | LG-TERM COR BD | 391.27K | SH | $29.68M 1.45% | 389.81K | 0.00 | 1.46K |
AMAZON COM INCSOLE | COM | 121.56K | SH | $28.06M 1.37% | 121.56K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 67.49K | SH | $21.75M 1.06% | 67.49K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 19.70K | SH | $21.18M 1.04% | 19.70K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 47K | SH | $21.14M 1.03% | 47K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | SHRT TRM CORP BD | 253.51K | SH | $20.21M 0.99% | 253.51K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 26.86K | SH | $17.73M 0.87% | 26.86K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS2000IDX | 167.45K | SH | $16.66M 0.82% | 167.45K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 117.45K | SH | $14.13M 0.69% | 117.45K | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 45.14K | SH | $13.37M 0.65% | 45.14K | 0.00 | 0.00 |
GOLDMAN SACHS PHYSICAL GOLDSOLE | UNIT | 306.51K | SH | $13.04M 0.64% | 306.51K | 0.00 | 0.00 |
SOUTHERN COSOLE | COM | 148.13K | SH | $12.92M 0.63% | 148.13K | 0.00 | 0.00 |
HEWLETT PACKARD ENTERPRISE CSOLE | COM | 508.35K | SH | $12.21M 0.60% | 508.35K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 57.12K | SH | $11.82M 0.58% | 57.12K | 0.00 | 0.00 |
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