CUSIP 01446U103
ALERUS FINL CORP
152 institutions · $286.1M total · 13,585,700 shares
| # | Manager | Shares | Value | % of Total | Period |
|---|---|---|---|---|---|
| 1 | ALERUS FINANCIAL NA | 2,141,633 | $48.2M | 15.76% | 2025-12-31 |
| 2 | VANGUARD GROUP INC | 1,116,735 | $25.1M | 8.21% | 2025-12-31 |
| 3 | BlackRock, Inc. | 894,672 | $20.1M | 6.58% | 2025-12-31 |
| 4 | DIMENSIONAL FUND ADVISORS LP | 790,586 | $17.8M | 5.81% | 2025-12-31 |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 521,963 | $11.8M | 3.84% | 2025-12-31 |
| 6 | ENDEAVOUR CAPITAL ADVISORS INC | 516,532 | $11.6M | 3.80% | 2025-12-31 |
| 7 | STATE STREET CORP | 476,030 | $10.8M | 3.50% | 2025-12-31 |
| 8 | AMERIPRISE FINANCIAL INC | 379,540 | $8.5M | 2.79% | 2025-12-31 |
| 9 | Phocas Financial Corp. | 334,357 | $7.5M | 2.46% | 2025-12-31 |
| 10 | AQR CAPITAL MANAGEMENT LLC | 311,942 | $7.0M | 2.29% | 2025-12-31 |
| 11 | CHOREO, LLC | 294,571 | $6.6M | 2.16% | 2025-12-31 |
| 12 | GRACE & WHITE INC /NY | 256,233 | $5.8M | 1.88% | 2025-12-31 |
| 13 | ALLIANCEBERNSTEIN L.P. | 243,581 | $5.5M | 1.79% | 2025-12-31 |
| 14 | GENDELL JEFFREY L | 233,700 | $5.3M | 1.72% | 2025-12-31 |
| 15 | BANC FUNDS CO LLC | 214,967 | $4.8M | 1.58% | 2025-12-31 |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 207,200 | $4.7M | 1.52% | 2025-12-31 |
| 17 | WELLINGTON MANAGEMENT GROUP LLP | 193,959 | $4.4M | 1.42% | 2025-12-31 |
| 18 | GOLDMAN SACHS GROUP INC | 182,702 | $4.1M | 1.34% | 2025-12-31 |
| 19 | AMERICAN CENTURY COMPANIES INC | 182,533 | $4.1M | 1.34% | 2025-12-31 |
| 20 | NORTHERN TRUST CORP | 164,758 | $3.7M | 1.21% | 2025-12-31 |
| 21 | MORGAN STANLEY | 142,381 | $3.2M | 1.04% | 2025-12-31 |
| 22 | Qube Research & Technologies Ltd | 140,579 | $3.2M | 1.03% | 2025-12-31 |
| 23 | Cutler Capital Management, LLC | 138,000 | $3.1M | 1.01% | 2025-12-31 |
| 24 | GABELLI FUNDS LLC | 137,821 | $3.1M | 1.01% | 2025-12-31 |
| 25 | RENAISSANCE TECHNOLOGIES LLC | 119,012 | $2.7M | 0.87% | 2025-12-31 |
| 26 | TWO SIGMA INVESTMENTS, LP | 117,914 | $2.7M | 0.86% | 2025-12-31 |
| 27 | LOS ANGELES CAPITAL MANAGEMENT LLC | 103,334 | $2.2M | 0.76% | 2025-12-31 |
| 28 | GAMCO INVESTORS, INC. ET AL | 85,093 | $1.9M | 0.62% | 2025-12-31 |
| 29 | MARTINGALE ASSET MANAGEMENT L P | 80,750 | $1.8M | 0.59% | 2025-12-31 |
| 30 | FIRST TRUST ADVISORS LP | 80,705 | $1.8M | 0.59% | 2025-12-31 |
| 31 | MAIRS & POWER INC | 79,436 | $1.8M | 0.58% | 2025-12-31 |
| 32 | Bank of New York Mellon Corp | 79,149 | $1.8M | 0.58% | 2025-12-31 |
| 33 | FORTRESS FINANCIAL GROUP, LLC | 67,339 | $1.5M | 0.49% | 2025-12-31 |
| 34 | FJ Capital Management LLC | 67,134 | $1.5M | 0.49% | 2025-12-31 |
| 35 | JPMORGAN CHASE & CO | 66,224 | $1.5M | 0.48% | 2025-12-31 |
| 36 | Gator Capital Management, LLC | 65,410 | $1.5M | 0.48% | 2025-12-31 |
| 37 | Man Group plc | 64,111 | $1.4M | 0.47% | 2025-12-31 |
| 38 | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 60,240 | $1.4M | 0.44% | 2025-12-31 |
| 39 | Quantinno Capital Management LP | 57,498 | $1.3M | 0.42% | 2025-12-31 |
| 40 | NEW YORK STATE COMMON RETIREMENT FUND | 52,214 | $1.2M | 0.38% | 2025-12-31 |
| 41 | MARSHALL WACE, LLP | 51,799 | $1.2M | 0.38% | 2025-12-31 |
| 42 | BARCLAYS PLC | 51,283 | $1.2M | 0.37% | 2025-12-31 |
| 43 | Wealth Forward, LLC | 50,279 | $1.1M | 0.37% | 2025-12-31 |
| 44 | BANK OF AMERICA CORP /DE/ | 47,827 | $1.1M | 0.35% | 2025-12-31 |
| 45 | FEDERATED HERMES, INC. | 46,984 | $1.1M | 0.34% | 2025-12-31 |
| 46 | MILLENNIUM MANAGEMENT LLC | 39,249 | $883.9K | 0.28% | 2025-12-31 |
| 47 | Nuveen, LLC | 38,821 | $874.2K | 0.28% | 2025-12-31 |
| 48 | Cetera Investment Advisers | 34,690 | $781.2K | 0.25% | 2025-12-31 |
| 49 | IEQ CAPITAL, LLC | 33,585 | $756.3K | 0.24% | 2025-12-31 |
| 50 | CenterBook Partners LP | 33,443 | $740.4K | 0.24% | 2025-09-30 |
| 51 | Mariner, LLC | 32,715 | $736.5K | 0.24% | 2025-12-31 |
| 52 | LPL Financial LLC | 33,152 | $717.4K | 0.24% | 2025-06-30 |
| 53 | HSBC HOLDINGS PLC | 32,640 | $712.2K | 0.24% | 2025-09-30 |
| 54 | TWO SIGMA ADVISERS, LP | 31,000 | $698.1K | 0.22% | 2025-12-31 |
| 55 | JANE STREET GROUP, LLC | 30,859 | $694.9K | 0.22% | 2025-12-31 |
| 56 | RHUMBLINE ADVISERS | 29,953 | $674.5K | 0.22% | 2025-12-31 |
| 57 | Johnson Wealth Management, LLC | 28,186 | $634.8K | 0.20% | 2025-12-31 |
| 58 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 29,114 | $630.0K | 0.21% | 2025-06-30 |
| 59 | Creative Planning | 27,493 | $619.1K | 0.20% | 2025-12-31 |
| 60 | WELLS FARGO & COMPANY/MN | 26,357 | $593.6K | 0.19% | 2025-12-31 |
| 61 | Black Maple Capital Management LP | 24,576 | $553.5K | 0.18% | 2025-12-31 |
| 62 | Squarepoint Ops LLC | 23,255 | $523.7K | 0.17% | 2025-12-31 |
| 63 | Lafayette Investments, Inc. | 21,900 | $493.2K | 0.16% | 2025-12-31 |
| 64 | BNP PARIBAS FINANCIAL MARKETS | 21,900 | $493.2K | 0.16% | 2025-12-31 |
| 65 | XTX Topco Ltd | 21,855 | $492.2K | 0.16% | 2025-12-31 |
| 66 | Inspire Investing, LLC | 20,878 | $470.2K | 0.15% | 2025-12-31 |
| 67 | Trexquant Investment LP | 20,745 | $467.2K | 0.15% | 2025-12-31 |
| 68 | CANADA PENSION PLAN INVESTMENT BOARD | 18,800 | $423.4K | 0.13% | 2025-12-31 |
| 69 | Petrus Trust Company, LTA | 19,191 | $415.3K | 0.14% | 2025-06-30 |
| 70 | Invesco Ltd. | 17,504 | $394.2K | 0.12% | 2025-12-31 |
| 71 | DEUTSCHE BANK AG\ | 16,649 | $374.9K | 0.12% | 2025-12-31 |
| 72 | UBS Group AG | 15,963 | $359.5K | 0.11% | 2025-12-31 |
| 73 | BRIDGEWAY CAPITAL MANAGEMENT, LLC | 15,940 | $359.0K | 0.11% | 2025-12-31 |
| 74 | MERCER GLOBAL ADVISORS INC /ADV | 15,363 | $346.0K | 0.11% | 2025-12-31 |
| 75 | STATE OF WISCONSIN INVESTMENT BOARD | 15,077 | $339.5K | 0.11% | 2025-12-31 |
| 76 | Connor, Clark & Lunn Investment Management Ltd. | 14,730 | $331.7K | 0.10% | 2025-12-31 |
| 77 | Cubist Systematic Strategies, LLC | 14,949 | $331.0K | 0.11% | 2025-09-30 |
| 78 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 14,027 | $310.6K | 0.10% | 2025-09-30 |
| 79 | Verition Fund Management LLC | 14,185 | $307.0K | 0.10% | 2025-06-30 |
| 80 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 12,696 | $296.7K | 0.09% | 2025-12-31 |
| 81 | Aviance Capital Partners, LLC | 13,111 | $295.3K | 0.09% | 2025-12-31 |
| 82 | MetLife Investment Management, LLC | 13,109 | $295.2K | 0.09% | 2025-12-31 |
| 83 | CITADEL ADVISORS LLC | 12,864 | $289.7K | 0.09% | 2025-12-31 |
| 84 | PANAGORA ASSET MANAGEMENT INC | 12,353 | $278.2K | 0.09% | 2025-12-31 |
| 85 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 10,905 | $245.6K | 0.08% | 2025-12-31 |
| 86 | CITIGROUP INC | 10,075 | $226.9K | 0.07% | 2025-12-31 |
| 87 | Harbor Advisors LLC | 9,867 | $222.2K | 0.07% | 2025-12-31 |
| 88 | INTECH INVESTMENT MANAGEMENT LLC | 9,811 | $217.2K | 0.07% | 2025-09-30 |
| 89 | Semanteon Capital Management, LP | 9,605 | $212.7K | 0.07% | 2025-09-30 |
| 90 | Numerai GP LLC | 9,195 | $207.1K | 0.06% | 2025-12-31 |
| 91 | FMR LLC | 7,790 | $175.4K | 0.05% | 2025-12-31 |
| 92 | Police & Firemen's Retirement System of New Jersey | 6,759 | $152.2K | 0.04% | 2025-12-31 |
| 93 | AlphaQuest LLC | 4,816 | $108.5K | 0.03% | 2025-12-31 |
| 94 | Horrell Capital Management, Inc. | 4,440 | $100.0K | 0.03% | 2025-12-31 |
| 95 | CIBC Private Wealth Group LLC | 2,358 | $52.2K | 0.01% | 2025-09-30 |
| 96 | US BANCORP \DE\ | 2,180 | $49.1K | 0.01% | 2025-12-31 |
| 97 | Legal & General Group Plc | 2,068 | $46.6K | 0.01% | 2025-12-31 |
| 98 | Ameritas Investment Partners, Inc. | 1,964 | $44.2K | 0.01% | 2025-12-31 |
| 99 | OSAIC HOLDINGS, INC. | 1,897 | $42.7K | 0.01% | 2025-12-31 |
| 100 | Russell Investments Group, Ltd. | 1,866 | $42.0K | 0.01% | 2025-12-31 |
| 101 | NewEdge Advisors, LLC | 1,563 | $35.2K | 0.01% | 2025-12-31 |
| 102 | Larson Financial Group LLC | 1,500 | $33.8K | 0.01% | 2025-12-31 |
| 103 | THOMPSON INVESTMENT MANAGEMENT, INC. | 1,470 | $33.1K | 0.01% | 2025-12-31 |
| 104 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 1,446 | $32.6K | 0.01% | 2025-12-31 |
| 105 | Sterling Capital Management LLC | 1,355 | $30.5K | 0.00% | 2025-12-31 |
| 106 | Cherry Tree Wealth Management, LLC | 830 | $18.7K | 0.00% | 2025-12-31 |
| 107 | Tower Research Capital LLC (TRC) | 820 | $18.5K | 0.00% | 2025-12-31 |
| 108 | EverSource Wealth Advisors, LLC | 749 | $16.9K | 0.00% | 2025-12-31 |
| 109 | Basepoint Wealth LLC | 673 | $15.2K | 0.00% | 2025-12-31 |
| 110 | JONES FINANCIAL COMPANIES LLLP | 600 | $13.5K | 0.00% | 2025-12-31 |
| 111 | State of Wyoming | 517 | $11.6K | 0.00% | 2025-12-31 |
| 112 | Allworth Financial LP | 503 | $11.3K | 0.00% | 2025-12-31 |
| 113 | Royal Bank of Canada | 443 | $10.0K | 0.00% | 2025-12-31 |
| 114 | M3F, Inc. | 411,163 | $9.3K | 3.02% | 2025-12-31 |
| 115 | IFP Advisors, Inc | 330 | $7.4K | 0.00% | 2025-12-31 |
| 116 | Hillsdale Investment Management Inc. | 330 | $7.3K | 0.00% | 2025-09-30 |
| 117 | NISA INVESTMENT ADVISORS, LLC | 264 | $6.0K | 0.00% | 2025-12-31 |
| 118 | GAMMA Investing LLC | 221 | $5.0K | 0.00% | 2025-12-31 |
| 119 | CSM Advisors, LLC | 201,940 | $4.5K | 1.48% | 2025-12-31 |
| 120 | Triumph Capital Management | 200 | $4.5K | 0.00% | 2025-12-31 |
| 121 | Optiver Holding B.V. | 182 | $4.1K | 0.00% | 2025-12-31 |
| 122 | ROTHSCHILD INVESTMENT LLC | 152 | $3.4K | 0.00% | 2025-12-31 |
| 123 | Torren Management, LLC | 150 | $3.4K | 0.00% | 2025-12-31 |
| 124 | Smartleaf Asset Management LLC | 136 | $3.0K | 0.00% | 2025-12-31 |
| 125 | Quarry LP | 134 | $3.0K | 0.00% | 2025-12-31 |
| 126 | PNC Financial Services Group, Inc. | 131 | $3.0K | 0.00% | 2025-12-31 |
| 127 | Arax Advisory Partners | 129 | $2.9K | 0.00% | 2025-12-31 |
| 128 | Farther Finance Advisors, LLC | 128 | $2.9K | 0.00% | 2025-12-31 |
| 129 | Point72 Asia (Singapore) Pte. Ltd. | 125 | $2.8K | 0.00% | 2025-09-30 |
| 130 | Versant Capital Management, Inc | 108 | $2.4K | 0.00% | 2025-09-30 |
| 131 | ACADIAN ASSET MANAGEMENT LLC | 90,806 | $2.0K | 0.66% | 2025-12-31 |
| 132 | CWM, LLC | 73,596 | $1.7K | 0.54% | 2025-12-31 |
| 133 | True Wealth Design, LLC | 64 | $1.4K | 0.00% | 2025-12-31 |
| 134 | GSA CAPITAL PARTNERS LLP | 49,079 | $1.1K | 0.36% | 2025-12-31 |
| 135 | UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 36 | $811 | 0.00% | 2025-12-31 |
| 136 | Cornerstone Planning Group LLC | 31 | $738 | 0.00% | 2025-12-31 |
| 137 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 6 | $655 | 0.00% | 2025-12-31 |
| 138 | Parallel Advisors, LLC | 26 | $586 | 0.00% | 2025-12-31 |
| 139 | First PREMIER Bank | 17,036 | $384 | 0.12% | 2025-12-31 |
| 140 | SBI Securities Co., Ltd. | 16 | $360 | 0.00% | 2025-12-31 |
| 141 | PRICE T ROWE ASSOCIATES INC /MD/ | 13,594 | $307 | 0.10% | 2025-12-31 |
| 142 | MAI Capital Management | 13 | $293 | 0.00% | 2025-12-31 |
| 143 | Hanson & Doremus Investment Management | 9,844 | $222 | 0.07% | 2025-12-31 |
| 144 | SJS Investment Consulting Inc. | 7 | $158 | 0.00% | 2025-12-31 |
| 145 | Sunbelt Securities, Inc. | 6 | $135 | 0.00% | 2025-12-31 |
| 146 | Clearstead Advisors, LLC | 4 | $91 | 0.00% | 2025-12-31 |
| 147 | CANADA LIFE ASSURANCE Co | 2,222 | $50 | 0.01% | 2025-12-31 |
| 148 | State of Alaska, Department of Revenue | 1,025 | $23 | 0.00% | 2025-12-31 |
| 149 | HUNTINGTON NATIONAL BANK | 1 | $23 | 0.00% | 2025-12-31 |
| 150 | AMALGAMATED BANK | 739 | $17 | 0.00% | 2025-12-31 |
| 151 | Capital Advisors, Ltd. LLC | 24 | $1 | 0.00% | 2025-12-31 |
| 152 | Covestor Ltd | 50 | $1 | 0.00% | 2025-12-31 |