Alerus Financial Corporation
Alerus Financial Corporation (ALRS) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · ALRS · as of Sep 30, 2025
Ownership Breakdown
134
Institutional Holders
▲ 9 vs Q2
$326.79M
Total Inst. Value
▲ $24.25M vs Q2
25.13M
Shares Outstanding
freeFloat 92.00%
14.76M
13F Shares Held
▲ 781,812 vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
ALRS largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
ALERUS FINANCIAL NA national commercial banks | 2.32M | 9.13% | 9.13% | $51.26B | Nov 10, 2025 | ▲ 139.7K |
BLACKROCK, INC. national commercial banks | 1.79M | 7.06% | 7.06% | $39.62B | Nov 12, 2025 | ▲ 3.2K |
VANGUARD GROUP INC national commercial banks | 1.27M | 5.01% | 5.01% | $28.10B | Nov 7, 2025 | ▲ 16.8K |
DIMENSIONAL FUND ADVISORS LP national commercial banks | 796.7K | 3.14% | 3.14% | $17.64B | Nov 12, 2025 | ▲ 39.7K |
GEODE CAPITAL MANAGEMENT, LLC national commercial banks | 580.0K | 2.29% | 2.29% | $12.84B | Nov 12, 2025 | ▲ 18.7K |
ENDEAVOUR CAPITAL ADVISORS INC national commercial banks | 513.9K | 2.03% | 2.03% | $11.38B | Nov 7, 2025 | — held |
STATE STREET CORP national commercial banks | 471.7K | 1.86% | 1.86% | $10.54B | Nov 14, 2025 | ▼ 2.9K |
AMERIPRISE FINANCIAL INC national commercial banks | 375.8K | 1.48% | 1.48% | $8.32B | Nov 14, 2025 | ▼ 1.9K |
AQR CAPITAL MANAGEMENT LLC national commercial banks | 340.2K | 1.34% | 1.34% | $7.53B | Nov 14, 2025 | ▲ 103.5K |
MORGAN STANLEY national commercial banks | 308.3K | 1.22% | 1.22% | $6.82B | May 27, 2026 | ▲ 50.5K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
24
Increased
+842.8K shares4
New Positions
first time holders15
Decreased
−367.0K shares0
Sold Out
fully exitedNet shares change (top 50)
+475.8K
+842.8K / −367.0K
Net new holders
+13
4 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
ALRS insider trading · insider activity
Source: SEC Form 4
Insiders have been net buyers of shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
9
Buy transactions
0
Sell transactions
0.00
Buy/Sell ratio
$0M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
Bolton Jeffrey director | May 27, 2026 | Purchase | 1,000 | $28.71 | $28.7K | 14.2K | Form 4 ↗ |
Coughlin Daniel E director | May 22, 2026 | Award | 1,772 | — | — | 49.1K | Form 4 ↗ |
Bolton Jeffrey director | May 22, 2026 | Award | 1,772 | — | — | 13.2K | Form 4 ↗ |
Vetter Galen G director | May 22, 2026 | Award | 1,772 | — | — | 27.3K | Form 4 ↗ |
ESTEP JANET O director | May 22, 2026 | Award | 1,772 | — | — | 14.8K | Form 4 ↗ |
Uribe John director | May 22, 2026 | Award | 1,772 | — | — | 7.4K | Form 4 ↗ |
Zimmer Mary director | May 22, 2026 | Award | 1,772 | — | — | 12.4K | Form 4 ↗ |
Sorum Nikki director | May 22, 2026 | Award | 1,772 | — | — | 7.4K | Form 4 ↗ |
Newman Randy L director | May 22, 2026 | Award | 1,772 | — | — | 309.9K | Form 4 ↗ |
Wilson Forrest EVP & Chief Ret. Svcs. Officer | Feb 26, 2026 | Award | 6,602 | — | — | 6.6K | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Alerus Financial Corporation (ALRS) is primarily owned by institutional investors, who hold approximately 58.7% of total shares outstanding. Company insiders own approximately 8.00%, while retail and public investors account for the remaining 33.28%.
The largest institutional shareholder of Alerus Financial Corporation is ALERUS FINANCIAL NA, holding approximately 2.32 million shares — equal to 9.13% of outstanding shares — as of September 30, 2025.
A total of 134 institutional investors currently hold ALRS stock, with a combined institutional value of approximately $326,786,723 as of the most recent 13F filing period.
Frequently asked questions
ALRS ownershipAlerus Financial Corporation (ALRS) is primarily owned by institutional investors, who hold approximately 58.7% of shares. The largest shareholder is ALERUS FINANCIAL NA with a 9.13% stake. Company insiders hold 8.00%. Data sourced from SEC Form 13F as of September 30, 2025.