ALERUS FINANCIAL NA
•CIK: 919458•Filing: Q4 2025
**ALERUS FINANCIAL NA** manages $2.0B across a diversified portfolio of 508 positions. The fund exhibits significant concentration in large-cap U.S. equities, notably holding VOO at $472.6M and DFAX at $276.0M. Further allocations include substantial positions in sector leaders such as IWR ($92.7M), IXUS ($75.6M), and NVDA ($63.3M). This structure suggests a core mandate focused on established market leaders and broad index exposure.
Total AUM
$2.0B
QoQ Performance
+4.0%
Positions
413
Top 10 Concentration
61.2%
Latest Filing
Q4 2025
Top Holdings Allocation
VOO
DFAX
VOO23.1%
DFAX13.5%
IWR4.5%
IXUS3.7%
VCRB3.6%
NVDA3.1%
ALRS2.5%
MSFT2.5%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other47.0%
ETF23.4%
Technology14.6%
Financial4.6%
Consumer3.5%
Healthcare3.3%
Industrial1.3%
Communication0.8%
🚪 Exited Positionssold since Q3 2025
+332 more exited positions
Changes from Q3 2025
NEW4 new positions
↑66 increased
↓86 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023