Fund HoldingsALERUS FINANCIAL NA

Total Portfolio Value
$2.04B
Total Bought
$188.00M
Total Sold
$127.91M
Net Transaction
+$60.09M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
ISHARES TR374,711962,625+587,91436,17892,6724.53%+56,494
VANGUARD SCOTTSDALE FDS
SHRT TRM CORP BD
0253,508+253,508020,2120.99%+20,212
VANGUARD INDEX FDS748,392753,577+5,185458,300472,59123.12%+14,291
DIMENSIONAL ETF TRUST
WORLD EX US CORE
8,380,6378,432,666+52,029262,984276,00113.50%+13,017
ALPHABET INC(GOOG)124,416120,624-3,79230,24637,7551.85%+7,510
ELI LILLY & CO(LLY)20,04719,704-34315,29621,1751.04%+5,880
CATERPILLAR INC(CAT)8949,801+8,9074275,6150.27%+5,188
UNITEDHEALTH GROUP INC(UNH)031,628+31,628010,4410.51%+10,441
BLACKROCK INC(BLK)04,755+4,75505,0890.25%+5,089
PROCTER AND GAMBLE CO(PG)032,565+32,56504,6670.23%+4,667
HOME DEPOT INC(HD)5,32018,654+13,3342,1566,4190.31%+4,263
SCOTTS MIRACLE-GRO CO(SMG)063,847+63,84703,7250.18%+3,725
PHILIP MORRIS INTL INC(PM)022,520+22,52003,6120.18%+3,612
SELECT SECTOR SPDR TR
ST STR STAPL ETF
043,340+43,34003,3670.16%+3,367
MERCK & CO INC(MRK)039,416+39,41604,1490.20%+4,149
MICRON TECHNOLOGY INC(MU)029,197+29,19708,3330.41%+8,333
SHOPIFY INC(SHOP)26,51244,635+18,1233,9407,1850.35%+3,245
THERMO FISHER SCIENTIFIC INC(TMO)5,1889,156+3,9682,5165,3050.26%+2,789
APPLE INC(AAPL)190,092186,447-3,64548,40350,6872.48%+2,284
VERIZON COMMUNICATIONS INC(VZ)156,690218,410+61,7206,8878,8960.44%+2,009
AMAZON COM INC(AMZN)120,303121,561+1,25826,41528,0591.37%+1,644
VANGUARD MALVERN FDS911,317936,945+25,62871,45672,9833.57%+1,527
MEDTRONIC PLC(MDT)38,60354,094+15,4913,6775,1960.25%+1,520
SNAP INC(SNAP)0186,503+186,50301,5050.07%+1,505
GOLDMAN SACHS PHYSICAL GOLD(AAAU)306,049306,513+46411,66713,0420.64%+1,376
INTUITIVE SURGICAL INC012,867+12,86707,2870.36%+7,287
CHEVRON CORP NEW(CVX)29,73539,049+9,3144,6185,9510.29%+1,334
CISCO SYS INC(CSCO)134,455136,232+1,7779,19910,4940.51%+1,295
JOHNSON & JOHNSON(JNJ)56,89357,115+22210,54911,8200.58%+1,271
SCHWAB CHARLES CORP(SCHW)48,68359,143+10,4604,6485,9090.29%+1,261
PRUDENTIAL FINL INC(PFH)063,897+63,89707,2130.35%+7,213
TRUIST FINL CORP(TFC)164,428172,575+8,1477,5188,4920.42%+975
CAPITAL ONE FINL CORP(COF)027,985+27,98506,7820.33%+6,782
WELLS FARGO CO NEW(WFC)091,364+91,36408,5150.42%+8,515
INTERNATIONAL BUSINESS MACHS(IBM)045,143+45,143013,3720.65%+13,372
CITIGROUP INC(C)23,90927,812+3,9032,4273,2450.16%+819
BANK NEW YORK MELLON CORP41,03044,682+3,6524,4715,1870.25%+717
WALMART INC(WMT)89,80689,083-7239,2559,9250.49%+669
VANGUARD INDEX FDS8,48210,263+1,7812,7843,4410.17%+657
PRINCIPAL FINANCIAL GROUP IN(PFG)53,26556,863+3,5984,4165,0160.25%+600
APPLIED MATLS INC12,51912,026-4932,5633,0910.15%+527
COSTCO WHSL CORP NEW(COST)03,875+3,87503,3420.16%+3,342
ISHARES TR
CORE MSCI TOTAL
910,055893,285-16,77075,15275,6083.70%+455
BERKSHIRE HATHAWAY INC DEL21,28122,101+82010,69911,1090.54%+410
3M CO(MMM)43,50844,622+1,1146,7527,1440.35%+392
ISHARES TR111,333118,188+6,8559,95010,3010.50%+351
EXXON MOBIL CORP122,253117,453-4,80013,78414,1340.69%+350
UNITED PARCEL SERVICE INC(UPS)014,663+14,66301,4540.07%+1,454
VANGUARD INDEX FDS01,575+1,57503290.02%+329
VANGUARD STAR FDS03,959+3,95902990.01%+299
ALERUS FINL CORP2,315,4362,289,199-26,23751,26451,5532.52%+289
BANK AMERICA CORP065,179+65,17903,5850.18%+3,585
INVESCO CURRENCYSHARES EURO(FXE)01,861+1,86102020.01%+202
VENTAS INC(VTR)20,53320,858+3251,4371,6140.08%+177
ROCKWELL AUTOMATION INC(ROK)014,728+14,72805,7300.28%+5,730
ADVANCED MICRO DEVICES INC(AMD)02,858+2,85806120.03%+612
AMERICAN EXPRESS CO(AXP)03,467+3,46701,2830.06%+1,283
WESCO INTL INC(WCC)03,815+3,81509330.05%+933
SELECT SECTOR SPDR TR
ST STR MATER ETF
055,562+55,56202,5200.12%+2,520
FIFTH THIRD BANCORP(FITB)70,68469,806-8783,1493,2680.16%+119
ISHARES TR4,2904,948+6586106980.03%+89
ISHARES TR4,7674,785+183,1913,2770.16%+87
EXPEDIA GROUP INC(EXPE)01,090+1,09003090.02%+309
COCA COLA CO(KO)018,657+18,65701,3040.06%+1,304
ALPHABET INC(GOOG)01,121+1,12103520.02%+352
ACCENTURE PLC IRELAND
SHS CLASS A
02,455+2,45506590.03%+659
SOUTHERN COPPER CORP(SCCO)02,114+2,11403030.01%+303
C H ROBINSON WORLDWIDE INC(CHRW)01,525+1,52502450.01%+245
INNOVATOR ETFS TRUST
UNCAPPED ACCLRTD
03,157+3,15701500.01%+150
OTTER TAIL CORP(OTTR)8,3989,028+6306887300.04%+41
CHUBB LIMITED
COM
01,352+1,35204220.02%+422
VANGUARD INDEX FDS5,7055,70501,7561,7960.09%+40
ROYAL BK CDA(RY)01,599+1,59902730.01%+273
FREEPORT-MCMORAN INC(FCX)06,109+6,10903100.02%+310
RALLIANT CORP(RAL)0706+7060360.00%+36
ISHARES TR01,353+1,35302280.01%+228
INTEL CORP(INTC)06,776+6,77602500.01%+250
LAM RESEARCH CORP(LRCX)0830+83001420.01%+142
NUCOR CORP(NUE)01,114+1,11401820.01%+182
GOLDMAN SACHS GROUP INC(GS)0317+31702790.01%+279
FEDEX CORP(FDX)0581+58101680.01%+168
INVESCO QQQ TR3,0473,020-271,8291,8550.09%+26
ASTRAZENECA PLC(AZN)01,817+1,81701670.01%+167
SELECT SECTOR SPDR TR
ST STR CARE ETF
01,422+1,42202200.01%+220
WRAP TECHNOLOGIES INC97,76097,76002122330.01%+21
VIPER ENERGY INC(VNOM)0500+5000190.00%+19
BURLINGTON STORES INC(BURL)0550+55001590.01%+159
SPDR S&P 500 ETF TR(SPY)2,2702,244-261,5121,5300.07%+18
DEERE & CO(DE)02,144+2,14409980.05%+998
GLUCOTRACK INC04,000+4,0000150.00%+15
SANDISK CORP(SNDK)0139+1390330.00%+33
ALLIANT ENERGY CORP(LNT)90,02393,578+3,5556,0686,0840.30%+15
HIPPO HLDGS INC0500+5000150.00%+15
NEWMONT CORP(NEM)0955+9550950.00%+95
COGNIZANT TECHNOLOGY SOLUTIO(CTSH)0903+9030750.00%+75
FORTIVE CORP(FTV)02,270+2,27001250.01%+125
QUALCOMM INC(QCOM)02,852+2,85204880.02%+488
DELTA AIR LINES INC DEL(DAL)0900+9000620.00%+62
APOLLO GLOBAL MGMT INC(APO)98098001311420.01%+11
ISHARES SILVER TR(SLV)0608+6080390.00%+39
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