Alerus Financial Corp (ALRS) Ownership

20.28 ↓0.50 (-2.41%)

As of Market Close on February 6th, 2023.

Institutions
Mutual Funds

Institutional Ownership

ALERUS FINANCIAL NA is the biggest individual institutional holder of Alerus Financial Corp (ALRS), owning a total of 2.3 million shares. Combined, the top 24 institutional holders of ALRS own 40.35% of the company with a total of 8.1 million shares.

In the latest ownership report on September 30th 2022, the top 24 institutional holders increased their combined ownership of ALRS by 635 thousand shares. 15 institutions bought 796,532 total additional shares and increased their ownership by an average of 14.02%. However 6 institutions sold 161,895 total shares and decreased their ownership by an average of 5.14%.

Overall this is a positive sign as the number of shares owned by the top 20 institutional holders of Alerus Financial Corp increased by a net total of 634,637 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
ALERUS FINANCIAL NA	11.354%	-2.678%	2,269,355	-62,435	2022-09-30
BlackRock Inc	4.916%	-5.325%	982,563	-55,261	2022-09-30
Vanguard Group Inc	4.241%	26.053%	847,586	175,180	2022-09-30
Banc Funds Co LLC	2.898%	29.115%	579,138	130,595	2022-09-30
State Street Corporation	1.471%	1.271%	293,930	3,690	2022-09-30
Geode Capital Management, LLC	1.395%	-8.526%	278,827	-25,988	2022-09-30
Goldman Sachs Group Inc	1.352%	12.710%	270,278	30,478	2022-09-30
Ameriprise Financial Inc	1.262%	4.941%	252,213	11,876	2022-09-30
AllianceBernstein L.P.	1.132%	0.000%	226,233	226,233	2022-09-30
Endeavour Capital Advisors Inc	0.905%	30.616%	180,956	42,415	2022-09-30
Northern Trust Corp	0.786%	0.449%	157,148	703	2022-09-30
Cutler Capital Management	0.770%	0.501%	153,866	767	2022-09-30
Dimensional Fund Advisors, Inc.	0.727%	16.016%	145,366	20,068	2022-09-30
Mairs & Power Inc	0.706%	-0.069%	141,199	-97	2022-09-30
John W. Rosenthal Capital Management, Inc.	0.640%	-7.256%	127,818	-10,000	2022-09-30
Charles Schwab Investment Management Inc	0.606%	13.613%	121,200	14,522	2022-09-30
Bridgeway Capital Management, LLC	0.594%	46.510%	118,673	37,673	2022-09-30
Elizabeth Park Capital Advisors, Ltd	0.542%	-6.964%	108,395	-8,114	2022-09-30
BOOTHBAY FUND MANAGEMENT, LLC	0.435%	0.000%	86,927	86,927	2022-09-30
Bank of New York Mellon Corp	0.358%	7.586%	71,451	5,038	2022-09-30
American Century Companies Inc	0.301%	20.848%	60,094	10,367	2022-09-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
ALERUS FINANCIAL NA	11.354%	-2.678%	2,269,355	-62,435	2022-09-30
BlackRock Inc	4.916%	-5.325%	982,563	-55,261	2022-09-30
Vanguard Group Inc	4.241%	26.053%	847,586	175,180	2022-09-30
Banc Funds Co LLC	2.898%	29.115%	579,138	130,595	2022-09-30
Capital Wealth Alliance, LLC	2.362%	0.000%	472,000	472,000	2022-06-30
State Street Corporation	1.471%	1.271%	293,930	3,690	2022-09-30
Geode Capital Management, LLC	1.395%	-8.526%	278,827	-25,988	2022-09-30
Goldman Sachs Group Inc	1.352%	12.710%	270,278	30,478	2022-09-30
Ameriprise Financial Inc	1.262%	4.941%	252,213	11,876	2022-09-30
AllianceBernstein L.P.	1.132%	0.000%	226,233	226,233	2022-09-30
Endeavour Capital Advisors Inc	0.905%	30.616%	180,956	42,415	2022-09-30
Northern Trust Corp	0.786%	0.449%	157,148	703	2022-09-30
Cutler Capital Management	0.770%	0.501%	153,866	767	2022-09-30
Dimensional Fund Advisors, Inc.	0.727%	16.016%	145,366	20,068	2022-09-30
Mairs & Power Inc	0.706%	-0.069%	141,199	-97	2022-09-30
John W. Rosenthal Capital Management, Inc.	0.640%	-7.256%	127,818	-10,000	2022-09-30
Charles Schwab Investment Management Inc	0.606%	13.613%	121,200	14,522	2022-09-30
Bridgeway Capital Management, LLC	0.594%	46.510%	118,673	37,673	2022-09-30
Elizabeth Park Capital Advisors, Ltd	0.542%	-6.964%	108,395	-8,114	2022-09-30
BOOTHBAY FUND MANAGEMENT, LLC	0.435%	0.000%	86,927	86,927	2022-09-30
Bank of New York Mellon Corp	0.358%	7.586%	71,451	5,038	2022-09-30
Stifel Financial Corp	0.325%	0.000%	65,000	0	2022-06-30
American Century Companies Inc	0.301%	20.848%	60,094	10,367	2022-09-30
Nuveen Asset Management, LLC	0.278%	-5.242%	55,517	-3,071	2022-06-30

Mutual Fund Ownership

Vanguard Total Stock Mkt Idx Inv is the biggest individual fund holder of Alerus Financial Corp (ALRS), owning a total of 537 thousand shares. Combined, the top 21 mutual fund holders of ALRS own 16.93% of the company with a total of 3.4 million shares.

In the latest ownership report on December 31st 2022, the top 21 fund holders increased their combined ownership of ALRS by 70 thousand shares. 3 funds bought 91,085 total additional shares and increased their ownership by an average of 85.34%. However 4 funds sold 21,111 total shares and decreased their ownership by an average of 5.67%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Alerus Financial Corp increased by a net total of 69,974 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	2.689%	0.054%	537,480	288	2022-12-31
Vanguard Extended Market Index Investor	1.054%	-0.248%	210,749	-524	2022-12-31
Columbia Small Cap Value I A	0.776%	0.000%	155,032	0	2022-12-31
Mairs & Power Small Cap Composite	0.698%	0.000%	139,441	0	2022-12-31
Mairs & Power Small Cap	0.698%	0.000%	139,441	0	2022-12-31
Brown Advisory Small-Cap Fdmtl Val Inv	0.628%	254.938%	125,577	90,197	2022-12-31
Goldman Sachs Small Cap Value A	0.531%	-10.051%	106,058	-11,851	2022-12-31
1919 Financial Services A	0.325%	0.000%	65,000	0	2022-12-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.318%	-10.983%	63,513	-7,836	2022-12-31
Columbia VP Small Cap Value 1	0.316%	-1.405%	63,163	-900	2022-12-31
State St Russell Sm Cap® Indx NL Cl C	0.298%	1.018%	59,551	600	2022-12-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	2.689%	0.054%	537,480	288	2022-12-31
Vanguard Instl Ttl Stck Mkt Idx Tr	2.687%	41.117%	537,192	156,521	2022-09-30
iShares Russell 2000 ETF	1.815%	-0.834%	362,870	-3,050	2022-12-30
Vanguard Extended Market Index Investor	1.054%	-0.248%	210,749	-524	2022-12-31
iShares Russell 2000 Value ETF	0.794%	0.000%	158,723	0	2022-12-30
Columbia Small Cap Value I A	0.776%	0.000%	155,032	0	2022-12-31
Columbia Small Cap Value I	0.773%	15.987%	154,532	21,300	2022-09-30
Mairs & Power Small Cap Composite	0.698%	0.000%	139,441	0	2022-12-31
Mairs & Power Small Cap	0.698%	0.000%	139,441	0	2022-12-31
Brown Advisory Small-Cap Fdmtl Val Inv	0.628%	254.938%	125,577	90,197	2022-12-31
Fidelity® Small Cap Index	0.557%	0.000%	111,357	0	2022-10-31
Goldman Sachs Small Cap Value A	0.531%	-10.051%	106,058	-11,851	2022-12-31
Bridgeway Omni Small-Cap Value N	0.412%	73.996%	82,300	35,000	2022-09-30
Bridgeway Omni Small-Cap Value	0.412%	73.996%	82,300	35,000	2022-09-30
Fidelity® Extended Market Index	0.411%	0.000%	82,060	0	2022-11-30
Avantis® U.S. Small Cap Value ETF	0.379%	0.000%	75,779	0	2022-12-30
Schwab US Small-Cap ETF™	0.364%	0.000%	72,693	0	2022-12-30
1919 Financial Services A	0.325%	0.000%	65,000	0	2022-12-31
State St Russell Sm/Mid Cp® Indx NL Cl C	0.318%	-10.983%	63,513	-7,836	2022-12-31
Columbia VP Small Cap Value 1	0.316%	-1.405%	63,163	-900	2022-12-31
State St Russell Sm Cap® Indx NL Cl C	0.298%	1.018%	59,551	600	2022-12-31