ALERUS FINANCIAL CORP - Common Stock (ALRS) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
ALRS on Nasdaq
Shares outstanding
25,249,740
Price per share
$22.54
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
14,756,008
Total reported value
$326,785,764
% of total 13F portfolios
0%
Share change
+773,528
Value change
+$17,236,378
Number of holders
133
Price from insider filings
$22.54
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of ALERUS FINANCIAL CORP - Common Stock (ALRS) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
BlackRock, Inc. 7.3% $29,731,316 1,843,231 BlackRock, Inc. 31 Dec 2024
Alerus Financial Corp Employee Stock Ownership Plan 4.1% -48% $16,717,067 -$15,759,752 1,036,396 -49% Alerus Financial Corp Employee Stock Ownership Plan 31 Mar 2025

As of 30 Sep 2025, 133 institutional investors reported holding 14,756,008 shares of ALERUS FINANCIAL CORP - Common Stock (ALRS). This represents 58% of the company’s total 25,249,740 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of ALERUS FINANCIAL CORP - Common Stock (ALRS) together control 47% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
ALERUS FINANCIAL NA 9.2% 2,315,436 +6.4% 2.6% $51,263,753
BlackRock, Inc. 7.1% 1,789,692 +0.18% 0% $39,623,775
VANGUARD GROUP INC 5% 1,269,253 +1.3% 0% $28,101,261
DIMENSIONAL FUND ADVISORS LP 3.2% 796,693 +5.2% 0% $17,638,522
GEODE CAPITAL MANAGEMENT, LLC 2.3% 579,989 +3.3% 0% $12,843,844
ENDEAVOUR CAPITAL ADVISORS INC 2% 513,935 0% 3.4% $11,378,521
STATE STREET CORP 1.9% 471,746 -0.6% 0% $10,542,410
AMERIPRISE FINANCIAL INC 1.5% 375,845 -0.5% 0% $8,321,210
AQR CAPITAL MANAGEMENT LLC 1.3% 340,242 +44% 0% $7,532,951
MORGAN STANLEY 1.2% 308,256 +20% 0% $6,824,803
CHOREO, LLC 1.2% 294,668 +0.04% 0.09% $6,528,700
BANC FUNDS CO LLC 1.1% 282,453 -29% 1.1% $6,253,509
ALLIANCEBERNSTEIN L.P. 1.1% 274,081 -2.8% 0% $6,068,153
M3F, Inc. 1% 262,403 +21% 1.6% $5,810,000
GRACE & WHITE INC /NY 1% 256,233 0% 1% $5,672,999
GENDELL JEFFREY L 0.93% 233,700 0% 0.1% $5,174,118
WELLINGTON MANAGEMENT GROUP LLP 0.9% 226,007 -35% 0% $5,003,795
GOLDMAN SACHS GROUP INC 0.86% 217,461 +77% 0% $4,814,577
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.84% 211,369 +7.8% 0% $4,679,710
NORTHERN TRUST CORP 0.79% 199,434 +7.5% 0% $4,415,468
CSM Advisors, LLC 0.73% 184,480 -3.1% 0.11% $4,084,000
Phocas Financial Corp. 0.65% 165,370 0.47% $3,661,292
Cutler Capital Management, LLC 0.59% 148,000 -5.1% 1% $3,276,720
GABELLI FUNDS LLC 0.55% 137,821 0% 0.02% $3,051,357
AMERICAN CENTURY COMPANIES INC 0.5% 125,498 -0.84% 0% $2,778,526

Institutional Holders of ALERUS FINANCIAL CORP - Common Stock (ALRS) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 358,923 $8,094,105 +$3,812,230 $22.54 8
2025 Q3 14,756,008 $326,785,764 +$17,236,378 $22.14 133
2025 Q2 13,974,174 $302,532,875 +$19,100,454 $21.64 123
2025 Q1 13,555,666 $250,372,075 +$4,874,457 $18.46 112
2024 Q4 13,303,990 $256,092,476 +$61,122,880 $19.24 110
2024 Q3 9,944,159 $227,567,169 +$9,754,780 $22.88 101
2024 Q2 9,518,989 $186,694,470 +$861,665 $19.61 92
2024 Q1 9,385,241 $204,932,058 +$6,320,737 $21.83 88
2023 Q4 9,094,516 $203,682,494 +$6,778,700 $22.39 77
2023 Q3 8,749,236 $159,122,274 -$1,015,356 $18.18 70
2023 Q2 8,805,382 $158,386,680 +$6,270,382 $17.98 66
2023 Q1 8,474,067 $136,042,743 -$4,173,436 $16.05 66
2022 Q4 8,539,510 $199,440,153 +$4,631,286 $23.35 78
2022 Q3 8,349,706 $184,586,719 +$27,227,394 $22.10 78
2022 Q2 6,976,020 $166,160,504 -$341,621 $23.81 66
2022 Q1 7,130,620 $197,113,713 +$6,751,582 $27.64 72
2021 Q4 6,868,059 $201,070,106 +$13,937,514 $29.28 68
2021 Q3 6,365,462 $190,194,342 -$129,713 $29.88 57
2021 Q2 6,372,280 $184,930,810 -$1,289,698 $29.01 60
2021 Q1 6,280,206 $187,077,085 +$3,273,419 $29.78 60
2020 Q4 6,290,237 $172,210,320 +$1,962,484 $27.37 59
2020 Q3 6,256,991 $122,654,446 +$2,120,874 $19.60 54
2020 Q2 6,147,930 $121,486,516 +$12,800,318 $19.76 59
2020 Q1 5,508,200 $90,995,152 -$2,526,967 $16.52 51
2019 Q4 5,384,463 $123,033,057 +$55,143,483 $22.85 48
2019 Q3 3,089,387 $67,348,739 +$61,680,739 $21.80 26
2019 Q2 260,000 $4,914,000 -$822,202 $18.90 1
2019 Q1 302,862 $5,906,000 -$429,947 $19.50 2
2018 Q4 324,910 $6,255,000 $19.25 2
2018 Q3 324,910 $7,879,000 +$334,715 $24.24 2
2018 Q2 311,108 $8,136,000 +$1,138,278 $26.16 2
2018 Q1 267,580 $6,320,000 +$368,744 $23.62 2
2017 Q4 253,998 $5,195,000 +$367,259 $20.45 3
2017 Q3 236,041 $4,815,000 +$3,887,974 $20.40 3
2017 Q2 45,441 $872,000 +$194,000 $19.20 3
2017 Q1 35,341 $658,000 $18.62 2
2016 Q4 35,341 $601,000 -$1,863,000 $17.00 2
2016 Q3 144,681 $2,466,000 -$60,653 $17.06 3
2016 Q2 148,241 $2,610,000 +$17,619 $17.61 3
2016 Q1 147,241 $2,945,000 +$20,013 $20.00 3
2015 Q4 146,241 $2,764,000 $18.90 3
2015 Q3 146,241 $2,961,000 +$264,000 $20.25 3
2015 Q2 133,200 $2,743,000 +$30,889 $20.59 2
2015 Q1 131,700 $2,614,000 $19.50 2
2014 Q4 131,700 $2,601,000 $19.75 2
2014 Q3 131,700 $2,709,000 +$1,806,000 $20.56 2
2014 Q2 43,900 $2,304,000 $52.57 2
2014 Q1 43,900 $2,412,000 +$2,044,000 $54.94 2