Filed: 8/14/2026ACC: 0000919458-26-000003
📋 What this filing means
ALERUS FINANCIAL NA filed this quarterly 13F‑HR report disclosing 506 equity positions with a total reported market value of $2.29B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
506
Positions
$2.29B
Total AUM (reported)
23.16M
Total Shares
Allocation by class
COM$901.78M39.4%
S&P 500 ETF SHS$514.97M22.5%
WORLD EX US CORE$308.30M13.5%
RUS MID CAP ETF$108.69M4.8%
CORE MSCI TOTAL$80.66M3.5%
CORE BD ETF$74.29M3.2%
CAP STK CL A$40.88M1.8%
Portfolio Concentration
Top 3$931.96M40.8%
4–10$424.29M18.6%
11–25$322.54M14.1%
Rest$607.44M26.6%
Top 3 weight
40.8%
Top 10 weight
59.3%
Voting Authority Distribution
Total shares with voting rights: 23.16M
Sole
Full voting authority
21.18M
shares
% of voting shares91.5%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.98M
shares
% of voting shares8.5%
Investment Discretion (by position count)
Sole499
Shared0
Other7
Dominant voting typeSole · 91.5% of voting shares
Institutional Holdings506
Rows:
VANGUARD INDEX FDS
DFNDShares749.80K
TypeSH
Market value$514.97M
22.52%
Sole
747.51K
Shared
0.00
None
2.28K
DIMENSIONAL ETF TRUST
DFNDShares8.37M
TypeSH
Market value$308.30M
13.49%
Sole
8.37M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares985.23K
TypeSH
Market value$108.69M
4.75%
Sole
985.12K
Shared
0.00
None
103.00
ISHARES TR
SOLEShares845.11K
TypeSH
Market value$80.66M
3.53%
Sole
845.11K
Shared
0.00
None
0.00
VANGUARD MALVERN FDS
SOLEShares961.92K
TypeSH
Market value$74.29M
3.25%
Sole
961.92K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares333.74K
TypeSH
Market value$66.78M
2.92%
Sole
333.74K
Shared
0.00
None
0.00
ALERUS FINL CORP
SOLEShares2.12M
TypeSH
Market value$65.81M
2.88%
Sole
139.95K
Shared
0.00
None
1.98M
APPLE INC
SOLEShares187.82K
TypeSH
Market value$54.35M
2.38%
Sole
187.82K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares109.91K
TypeSH
Market value$41.52M
1.82%
Sole
109.91K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares114.40K
TypeSH
Market value$40.88M
1.79%
Sole
114.40K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares104.26K
TypeSH
Market value$38.89M
1.70%
Sole
104.26K
Shared
0.00
None
0.00
MICRON TECHNOLOGY INC
SOLEShares28.95K
TypeSH
Market value$33.41M
1.46%
Sole
28.95K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
DFNDShares403.55K
TypeSH
Market value$30.37M
1.33%
Sole
401.97K
Shared
0.00
None
1.57K
AMAZON COM INC
SOLEShares116.78K
TypeSH
Market value$27.83M
1.22%
Sole
116.78K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO
SOLEShares69.38K
TypeSH
Market value$22.71M
0.99%
Sole
69.38K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares16.77K
TypeSH
Market value$20.11M
0.88%
Sole
16.77K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares145.04K
TypeSH
Market value$19.83M
0.87%
Sole
145.04K
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares167.43K
TypeSH
Market value$19.67M
0.86%
Sole
167.43K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS
SOLEShares156.71K
TypeSH
Market value$19.03M
0.83%
Sole
156.71K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares74.66K
TypeSH
Market value$18.96M
0.83%
Sole
74.66K
Shared
0.00
None
0.00
TESLA INC
SOLEShares42.57K
TypeSH
Market value$17.90M
0.78%
Sole
42.57K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares27.46K
TypeSH
Market value$15.47M
0.68%
Sole
27.46K
Shared
0.00
None
0.00
HEWLETT PACKARD ENTERPRISE C
SOLEShares309.55K
TypeSH
Market value$13.96M
0.61%
Sole
309.55K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares29.50K
TypeSH
Market value$12.26M
0.54%
Sole
29.50K
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
SOLEShares43.15K
TypeSH
Market value$12.14M
0.53%
Sole
43.15K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 749.80K | SH | $514.97M 22.52% | 747.51K | 0.00 | 2.28K |
DIMENSIONAL ETF TRUSTDFND | WORLD EX US CORE | 8.37M | SH | $308.30M 13.49% | 8.37M | 0.00 | 0.00 |
ISHARES TRDFND | RUS MID CAP ETF | 985.23K | SH | $108.69M 4.75% | 985.12K | 0.00 | 103.00 |
ISHARES TRSOLE | CORE MSCI TOTAL | 845.11K | SH | $80.66M 3.53% | 845.11K | 0.00 | 0.00 |
VANGUARD MALVERN FDSSOLE | CORE BD ETF | 961.92K | SH | $74.29M 3.25% | 961.92K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 333.74K | SH | $66.78M 2.92% | 333.74K | 0.00 | 0.00 |
ALERUS FINL CORPSOLE | COM | 2.12M | SH | $65.81M 2.88% | 139.95K | 0.00 | 1.98M |
APPLE INCSOLE | COM | 187.82K | SH | $54.35M 2.38% | 187.82K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 109.91K | SH | $41.52M 1.82% | 109.91K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 114.40K | SH | $40.88M 1.79% | 114.40K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 104.26K | SH | $38.89M 1.70% | 104.26K | 0.00 | 0.00 |
MICRON TECHNOLOGY INCSOLE | COM | 28.95K | SH | $33.41M 1.46% | 28.95K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSDFND | LG-TERM COR BD | 403.55K | SH | $30.37M 1.33% | 401.97K | 0.00 | 1.57K |
AMAZON COM INCSOLE | COM | 116.78K | SH | $27.83M 1.22% | 116.78K | 0.00 | 0.00 |
JPMORGAN CHASE & COSOLE | COM | 69.38K | SH | $22.71M 0.99% | 69.38K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 16.77K | SH | $20.11M 0.88% | 16.77K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 145.04K | SH | $19.83M 0.87% | 145.04K | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 167.43K | SH | $19.67M 0.86% | 167.43K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDSSOLE | VNG RUS2000IDX | 156.71K | SH | $19.03M 0.83% | 156.71K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 74.66K | SH | $18.96M 0.83% | 74.66K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 42.57K | SH | $17.90M 0.78% | 42.57K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 27.46K | SH | $15.47M 0.68% | 27.46K | 0.00 | 0.00 |
HEWLETT PACKARD ENTERPRISE CSOLE | COM | 309.55K | SH | $13.96M 0.61% | 309.55K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 29.50K | SH | $12.26M 0.54% | 29.50K | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 43.15K | SH | $12.14M 0.53% | 43.15K | 0.00 | 0.00 |
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