Latest ALERUS FINANCIAL NA Stock Portfolio

ALERUS FINANCIAL NA Performance:

2024 Q3: 4.03%YTD: 12.78%2023: 10.89%

Performance for 2024 Q3 is 4.03%, and YTD is 12.78%, and 2023 is 10.89%.

About ALERUS FINANCIAL NA and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, ALERUS FINANCIAL NA reported an equity portfolio of $1.4 Billions as of 30 Sep, 2024.

The top stock holdings of ALERUS FINANCIAL NA are VB, DFAC, IJR. The fund has invested 10.7% of it's portfolio in VANGUARD INDEX FDS and 7.1% of portfolio in DIMENSIONAL ETF TRUST.

The fund managers got completely rid off ULTA BEAUTY INC (ULTA), HUBSPOT INC (HUBS) and BERKSHIRE HATHAWAY stocks. They significantly reduced their stock positions in COLUMBIA ETF TR II (ECON), INTEL INC (INTC) and SELECT SECTOR SPDR TR (XLB). ALERUS FINANCIAL NA opened new stock positions in CONSTELLATION ENERGY CORP (CEG), SELECT SECTOR SPDR TR (XLB) and CHIPOTLE MEXICAN GRILL INC (CMG). The fund showed a lot of confidence in some stocks as they added substantially to CISCO SYSTEMS (CSCO), MASTERCARD INCORPORATED (MA) and SERVICENOW INC (NOW).

ALERUS FINANCIAL NA Annual Return Estimates Vs S&P 500

Our best estimate is that ALERUS FINANCIAL NA made a return of 4.03% in the last quarter. In trailing 12 months, it's portfolio return was 21.59%.

New Buys

Ticker	$ Bought
constellation energy corp	6,888,900
select sector spdr tr	5,286,160
chipotle mexican grill inc	3,093,170
disney walt co	3,001,600
select sector spdr tr	2,626,850
macys inc	2,144,240
ishares tr	204,568
lockheed martin corp	202,258

New stocks bought by ALERUS FINANCIAL NA

Additions

Ticker	% Inc.
cisco systems	1,887
mastercard incorporated	1,510
servicenow inc	925
freeport-mcmoran copper & gold	314
vertiv holdings co	155
johnson and johnson	84.27
select sector spdr tr	51.01
ishares tr	20.86

Additions to existing portfolio by ALERUS FINANCIAL NA

Reductions

Ticker	% Reduced
columbia etf tr ii	-95.09
intel inc	-95.01
select sector spdr tr	-90.42
zillow group inc	-72.75
linde plc	-71.93
accenture plc ireland	-68.24
visa inc	-66.87
blackstone group inc	-58.15

ALERUS FINANCIAL NA reduced stake in above stock

Sold off

Ticker	$ Sold
anheuser busch inbev sa/nv	-556,728
nike inc	-571,533
ulta beauty inc	-2,826,500
hubspot inc	-2,634,020
alphabet inc	-217,536
anthem inc	-281,768
berkshire hathaway	-612,241

ALERUS FINANCIAL NA got rid off the above stocks

Sector Distribution

ALERUS FINANCIAL NA has about 43.6% of it's holdings in Others sector.

Sector	%
Others	43.6
Technology	18.2
Financial Services	10.2
Healthcare	5.5
Industrials	5.4
Communication Services	5.4
Consumer Cyclical	5
Consumer Defensive	2
Energy	1.9
Utilities	1.3

Market Cap. Distribution

ALERUS FINANCIAL NA has about 52.2% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	43
MEGA-CAP	29
LARGE-CAP	23.2
SMALL-CAP	3.6
MID-CAP	1.3

Stocks belong to which Index?

About 53.3% of the stocks held by ALERUS FINANCIAL NA either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	49.7
Others	46.7
RUSSELL 2000	3.6

Top 5 Winners (%)		%
CEG	constellation energy corp	33.4 %
MMM	3m company	31.3 %
TSLA	tesla inc	29.3 %
IBM	ibm	25.3 %
HAS	hasbro inc	23.5 %

Top 5 Winners ($)		$
ALRS	alerus financial corp	7.0 M
AAPL	apple computer	5.5 M
IJR	ishares trust	3.5 M
IJR	ishares russell midcap	2.9 M
TSLA	tesla inc	2.7 M

Top 5 Losers (%)		%
SNAP	snap inc	-35.6 %
BWEN	broadwind inc	-30.8 %
INTC	intel inc	-28.5 %
MU	micron technology inc	-21.1 %
OKTA	okta incorporation	-15.0 %

Top 5 Losers ($)		$
GOOG	alphabet inc	-2.8 M
MSFT	microsoft inc	-2.1 M
INTC	intel inc	-1.7 M
MU	micron technology inc	-1.5 M
CDNS	cadence design system inc	-1.3 M

ALERUS FINANCIAL NA Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of ALERUS FINANCIAL NA

ALERUS FINANCIAL NA has 157 stocks in it's portfolio. About 49.1% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. ALRS was the most profitable stock for ALERUS FINANCIAL NA last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAAU	goldman sachs physical gold	1.01	528,228	13,747,100	unchanged	0.00

AAPL	apple computer	4.12	240,849	56,117,900	reduced	-3.46

AAXJ	ishares trust	0.04	5,300	570,545	unchanged	0.00

ABBV	abbvie inc	0.69	47,465	9,373,400	reduced	-1.08

ABC	cencora inc	0.63	38,336	8,628,650	reduced	-2.06

ABT	abbott laboratories	0.02	2,520	287,305	reduced	-9.35

ACGL	arch cap group ltd	0.25	30,436	3,405,170	added	0.53

ACN	accenture plc ireland	0.07	2,803	990,803	reduced	-68.24

ADBE	adobe systems inc	0.03	651	337,075	unchanged	0.00

AIZ	assurant inc	0.26	18,115	3,602,350	reduced	-0.96

AJG	gallagher arthur j & co	0.22	10,674	3,003,330	reduced	-4.63

ALRS	alerus financial corp	3.57	2,124,720	48,613,700	reduced	-0.45

AMD	advanced mirco devices inc	0.04	3,010	493,881	reduced	-3.4

AMZN	amazon.com inc	1.77	129,536	24,136,500	reduced	-10.32

ATR	aptargroup inc	0.29	24,790	3,971,110	reduced	-29.29

AVGO	broadcom inc	2.24	176,743	30,488,300	reduced	-6.78

AXP	american express co	0.07	3,505	950,558	reduced	-1.27

BAC	bank of america	0.03	11,734	465,605	reduced	-1.68

BBY	best buy inc	0.70	91,621	9,464,460	reduced	-1.17

BIL	spdr ser tr	0.25	34,314	3,390,220	reduced	-1.00