DaveManuel.com · Institutional Ownership · Who Owns It
ALERUS FINL CORP (ALRS)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
161
Reporting holders
$504.1M
Reported value
65.3%
Of shares outstanding
0.1%
Calls
0.0%
Puts
+13
Holder change
Institutions report 16,256,800 shares against 24,903,238 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| ALERUS FINANCIAL NA | $65.8M | 2,116,173 | 2.88% | 27q | -5.6%-$3.9M |
| BlackRock, Inc. | $56.7M | 1,822,242 | 0.00% | 8q | +3.5%+$1.9M |
| VANGUARD CAPITAL MANAGEMENT LLC | $29.4M | 945,852 | 0.00% | 2q | -1.7%-$495.2K |
| DIMENSIONAL FUND ADVISORS LP | $29.3M | 943,445 | 0.01% | 26q | +6.4%+$1.8M |
| GEODE CAPITAL MANAGEMENT, LLC | $20.4M | 655,184 | 0.00% | 27q | +6.1%+$1.2M |
| STATE STREET CORP | $17.6M | 561,249 | 0.00% | 27q | +13.8%+$2.1M |
| GOLDMAN SACHS GROUP INC | $16.3M | 525,321 | 0.00% | 28q | +43.3%+$4.9M |
| M3F, Inc. | $13.0M | 417,108 | 3.07% | 7q | HELD |
| Stieven Capital Advisors, L.P. | $11.9M | 382,034 | 2.27% | 2q | +12.7%+$1.3M |
| Phocas Financial Corp. | $11.0M | 354,155 | 1.53% | 4q | +35.7%+$2.9M |
| BANC FUNDS CO LLC | $10.9M | 349,165 | 1.79% | 28q | HELD |
| ENDEAVOUR CAPITAL ADVISORS INC | $10.6M | 339,518 | 2.17% | 28q | -39.6%-$6.9M |
| AMERIPRISE FINANCIAL INC | $9.7M | 310,910 | 0.00% | 17q | -19.0%-$2.3M |
| AQR CAPITAL MANAGEMENT LLC | $9.2M | 296,688 | 0.00% | 6q | +10.2%+$856.0K |
| CHOREO, LLC | $9.1M | 293,265 | 0.10% | 7q | HELD |
| AMERICAN CENTURY COMPANIES INC | $8.6M | 277,688 | 0.00% | 23q | -10.5%-$1.0M |
| CSM Advisors, LLC | $7.4M | 239,320 | 0.16% | 5q | +19.1%+$1.2M |
| MORGAN STANLEY | $7.4M | 237,432 | 0.00% | 27q | -13.0%-$1.1M |
| GENDELL JEFFREY L | $7.3M | 233,700 | 0.06% | 7q | HELD |
| GRACE & WHITE INC /NY | $7.1M | 228,108 | 1.12% | 7q | HELD |
| ProShare Advisors LLC | $7.0M | 226,312 | 0.01% | new | NEW |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $6.5M | 209,780 | 0.00% | 2q | +19.2%+$1.1M |
| NORTHERN TRUST CORP | $6.4M | 205,180 | 0.00% | 27q | +5.5%+$333.3K |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $6.4M | 205,093 | 0.00% | 27q | HELD |
| MAIRS & POWER INC | $6.3M | 203,417 | 0.06% | 19q | +156.1%+$3.9M |
| ALLIANCEBERNSTEIN L.P. | $5.9M | 248,961 | 0.00% | 9q | +2.6%+$148.9K |
| Qube Research & Technologies Ltd | $5.1M | 164,333 | 0.00% | 11q | +80.9%+$2.3M |
| VANGUARD FIDUCIARY TRUST CO | $5.1M | 162,591 | 0.00% | 2q | +3.3%+$163.9K |
| FEDERATED HERMES, INC. | $4.3M | 139,416 | 0.01% | 10q | +42.2%+$1.3M |
| GABELLI FUNDS LLC | $4.2M | 134,737 | 0.03% | 5q | HELD |
| Cutler Capital Management, LLC | $4.2M | 134,400 | 1.09% | 16q | -1.5%-$64.4K |
| Bank of New York Mellon Corp | $3.9M | 124,414 | 0.00% | 27q | +5.7%+$207.2K |
| Quantinno Capital Management LP | $3.9M | 124,348 | 0.00% | 5q | +34.8%+$998.2K |
| Sippican Capital Advisors | $3.5M | 111,891 | 2.12% | 12q | -1.1%-$38.9K |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $3.4M | 108,916 | 0.06% | 19q | +18.3%+$525.2K |
| Empowered Funds, LLC | $3.1M | 99,166 | 0.02% | 2q | +20.5%+$525.2K |
| ACADIAN ASSET MANAGEMENT LLC | $2.8M | 89,046 | 0.00% | 11q | -12.0%-$377.1K |
| FIRST TRUST ADVISORS LP | $2.6M | 83,962 | 0.00% | 4q | +3.4%+$85.6K |
| Trexquant Investment LP | $2.6M | 83,738 | 0.02% | 3q | +62.5%+$1.0M |
| TWO SIGMA INVESTMENTS, LP | $2.6M | 82,300 | 0.00% | 9q | +133.7%+$1.5M |
| NEW YORK STATE COMMON RETIREMENT FUND | $2.3M | 74,559 | 0.00% | 26q | +42.8%+$694.9K |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $2.2M | 71,187 | 0.01% | 10q | -5.9%-$137.8K |
| FORTRESS FINANCIAL GROUP, LLC | $2.1M | 66,344 | 1.03% | 7q | HELD |
| XTX Topco Ltd | $1.9M | 60,907 | 0.02% | 5q | +39.7%+$538.3K |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | $1.9M | 60,240 | 0.07% | 16q | HELD |
| JPMORGAN CHASE & CO | $1.7M | 55,490 | 0.00% | 27q | -12.6%-$247.1K |
| Gator Capital Management, LLC | $1.7M | 54,420 | 0.36% | 4q | -19.9%-$421.1K |
| Wealth Forward, LLC | $1.6M | 50,279 | 0.78% | 11q | HELD |
| Squarepoint Ops LLC | $1.5M | 49,419 | 0.00% | 5q | -6.5%-$107.0K |
| Pinnacle Holdings, LLC | $1.5M | 49,149 | 0.47% | 7q | HELD |
| CITIGROUP INC | $1.5M | 48,814 | 0.00% | 13q | +53.0%+$526.1K |
| Nuveen, LLC | $1.4M | 44,509 | 0.00% | 6q | +13.0%+$159.0K |
| RENAISSANCE TECHNOLOGIES LLC | $1.3M | 42,241 | 0.00% | 7q | -57.0%-$1.7M |
| JONES FINANCIAL COMPANIES LLLP | $1.3M | 41,111 | 0.00% | 4q | +6751.8%+$1.2M |
| BANK OF AMERICA CORP /DE/ | $1.2M | 39,437 | 0.00% | 27q | +20.8%+$210.9K |
| IEQ CAPITAL, LLC | $1.2M | 39,225 | 0.01% | 5q | HELD |
| MILLENNIUM MANAGEMENT LLC | $1.2M | 37,560 | 0.00% | 9q | -64.9%-$2.2M |
| PRINCIPAL FINANCIAL GROUP INC | $996.3K | 32,036 | 0.00% | 2q | +6.8%+$63.8K |
| RHUMBLINE ADVISERS | $990.2K | 31,839 | 0.00% | 25q | +10.8%+$96.6K |
| Mariner, LLC | $978.4K | 31,459 | 0.00% | 13q | -5.8%-$60.2K |
| Invesco Ltd. | $945.8K | 30,412 | 0.00% | 11q | +1.8%+$16.8K |
| Russell Investments Group, Ltd. | $892.2K | 28,713 | 0.00% | 13q | +488.9%+$740.7K |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $882.5K | 28,377 | 0.02% | 2q | +30.4%+$205.5K |
| GSA CAPITAL PARTNERS LLP | $869.0K | 27,955 | 0.05% | 5q | -40.4%-$588.9K |
| Creative Planning | $866.3K | 27,856 | 0.00% | 4q | +5.1%+$41.9K |
| CITADEL ADVISORS LLC | $815.2K | 26,211 | 0.00% | new | NEW |
| STRS OHIO | $774.4K | 24,900 | 0.00% | new | NEW |
| DEUTSCHE BANK AG\ | $728.4K | 23,420 | 0.00% | 27q | +24.6%+$143.7K |
| Johnson Wealth Management, LLC | $715.5K | 23,006 | 0.30% | 4q | -18.4%-$161.1K |
| GAMCO INVESTORS, INC. ET AL | $705.1K | 22,671 | 0.01% | 5q | +14.3%+$88.2K |
| Inspire Investing, LLC | $683.7K | 21,985 | 0.03% | 8q | +1.4%+$9.6K |
| Lafayette Investments, Inc. | $681.1K | 21,900 | 0.13% | 28q | HELD |
| FMR LLC | $677.0K | 21,768 | 0.00% | 18q | +156.9%+$413.5K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $642.3K incl. $267.5K options CALL | 12,053 | 0.00% | 2q | +39.2%+$181.0K |
| WELLS FARGO & COMPANY/MN | $637.3K | 20,493 | 0.00% | 28q | +97.4%+$314.4K |
| LSV ASSET MANAGEMENT | $622.0K | 20,000 | 0.00% | 2q | HELD |
| PRICE T ROWE ASSOCIATES INC /MD/ | $617.0K | 19,815 | 0.00% | 5q | +21.7%+$110.0K |
| STATE OF WISCONSIN INVESTMENT BOARD | $601.5K | 19,342 | 0.00% | 3q | -6.0%-$38.4K |
| Cetera Investment Advisers | $590.0K | 18,973 | 0.00% | 7q | -10.4%-$68.1K |
| CANADA PENSION PLAN INVESTMENT BOARD | $584.7K | 18,800 | 0.00% | 3q | HELD |
| Odyssean, LLC | $584.1K | 18,781 | 0.09% | new | NEW |
| MERCER GLOBAL ADVISORS INC /ADV | $565.2K | 18,174 | 0.00% | 4q | +16.7%+$80.8K |
| Connor, Clark & Lunn Investment Management Ltd. | $557.7K | 17,933 | 0.00% | new | NEW |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $520.4K | 16,615 | 0.00% | 5q | +20.9%+$89.9K |
| Aquatic Capital Management LLC | $515.1K | 16,564 | 0.02% | new | NEW |
| MetLife Investment Management, LLC | $427.3K | 13,739 | 0.00% | 25q | +6.8%+$27.0K |
| MARSHALL WACE, LLP | $418.5K | 13,457 | 0.00% | new | NEW |
| HRT FINANCIAL LP | $413.0K | 13,303 | 0.00% | new | NEW |
| Aviance Capital Partners, LLC | $407.7K | 13,111 | 0.04% | 6q | HELD |
| First PREMIER Bank | $394.0K | 12,670 | 0.06% | 28q | -25.6%-$135.8K |
| Columbia River Financial Group, LLC | $352.0K | 11,239 | 0.19% | 2q | HELD |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $343.6K | 11,048 | 0.00% | 9q | HELD |
| Tower Research Capital LLC (TRC) | $332.0K | 10,674 | 0.01% | 26q | +312.9%+$251.6K |
| Vanguard Global Advisers, LLC | $318.7K | 10,247 | 0.00% | 2q | HELD |
| Harbor Advisors LLC | $306.9K | 9,867 | 0.04% | 5q | HELD |
| Hanson & Doremus Investment Management | $298.0K | 9,584 | 0.03% | 6q | -2.6%-$8.1K |
| MARTINGALE ASSET MANAGEMENT L P | $261.2K | 8,400 | 0.01% | 4q | -63.8%-$460.3K |
| PFG Advisors | $247.2K | 7,948 | 0.01% | new | NEW |
| MML INVESTORS SERVICES, LLC | $246.8K | 7,937 | 0.00% | new | NEW |
| Tradition Wealth Management, LLC | $246.1K | 7,912 | 0.02% | new | NEW |
Showing the largest 100 of 161 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 36 | $40.3M | 1,277,162 | 6 | 6 | 5 | 0.0% |
| Q2 2026 | 161 | $504.1M | 16,256,800 | 26 | 60 | 36 | 0.1% |
| Q1 2026 | 148 | $375.3M | 15,833,446 | 14 | 49 | 42 | 0.0% |
| Q4 2025 | 142 | $347.8M | 15,448,167 | 14 | 67 | 30 | 0.0% |
| Q3 2025 | 137 | $329.1M | 14,859,041 | 19 | 57 | 32 | 0.0% |
| Q2 2025 | 126 | $302.7M | 13,981,239 | 25 | 45 | 37 | 0.0% |
| Q1 2025 | 112 | $250.6M | 13,709,854 | 16 | 37 | 31 | 0.0% |
| Q4 2024 | 111 | $256.3M | 13,303,990 | 22 | 51 | 14 | 0.1% |
| Q3 2024 | 103 | $228.4M | 9,968,398 | 16 | 31 | 23 | 0.1% |
| Q2 2024 | 93 | $186.9M | 9,526,868 | 16 | 33 | 21 | 0.0% |
| Q1 2024 | 89 | $209.9M | 9,611,332 | 13 | 23 | 26 | 0.0% |
| Q4 2023 | 79 | $206.3M | 9,210,245 | 9 | 29 | 21 | 0.0% |
| Q3 2023 | 70 | $159.1M | 8,749,237 | 6 | 22 | 19 | 0.0% |
| Q2 2023 | 67 | $158.4M | 8,805,457 | 6 | 31 | 13 | 0.0% |
| Q1 2023 | 66 | $136.1M | 8,474,716 | 6 | 22 | 17 | 0.0% |
| Q4 2022 | 79 | $200.0M | 8,539,511 | 3 | 24 | 26 | 0.3% |
| Q3 2022 | 78 | $3.6B | 164,242,325 | 16 | 25 | 19 | 0.0% |
| Q2 2022 | 67 | $193.4M | 8,105,557 | 4 | 22 | 21 | 0.2% |
| Q1 2022 | 73 | $4.0B | 145,940,409 | 8 | 16 | 25 | 0.0% |
| Q4 2021 | 68 | $4.3B | 148,177,408 | 12 | 22 | 13 | 0.0% |
| Q3 2021 | 56 | $4.4B | 146,036,994 | 4 | 15 | 18 | 0.0% |
| Q2 2021 | 59 | $4.3B | 147,723,131 | 4 | 10 | 27 | 0.0% |
| Q1 2021 | 60 | $4.6B | 92,241,326 | 3 | 17 | 25 | 0.0% |
| Q4 2020 | 58 | $3.6B | 131,439,383 | 7 | 19 | 15 | 0.0% |
| Q3 2020 | 53 | $2.6B | 131,406,060 | 4 | 21 | 13 | 0.0% |
| Q2 2020 | 58 | $225.6M | 11,416,999 | 11 | 27 | 9 | 0.0% |
| Q1 2020 | 51 | $2.1B | 126,807,779 | 9 | 22 | 9 | 0.0% |
| Q4 2019 | 47 | $5.0B | 220,074,631 | 25 | 7 | 4 | 0.0% |
| Q3 2019 | 26 | $2.8B | 130,472,876 | 25 | 1 | 0 | 0.0% |
| Q2 2019 | 1 | $4.9M | 260,000 | 0 | 0 | 1 | 0.0% |
| Q1 2019 | 2 | $5.9M | 302,862 | 0 | 0 | 1 | 0.0% |
| Q4 2018 | 2 | $6.3M | 324,910 | 0 | 0 | 0 | 0.0% |