Alerus Financial Corporation (ALRS) Ownership
ALRS ownership summary
as of October 18, 2026- Institutions
- 67.2% of shares outstanding
- Insiders
- 8.47% of shares outstanding
- Shares outstanding
- 24.9M
- Float
- 23.0M shares available to trade
- Short interest
- 5.34% 1.3M shares short
- Days to cover
- 7.28 short interest down 7.4% vs prior month
- Institutions 67.23%
- Insiders 8.47%
- Other investors 24.29%
ALRS top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | ALERUS FINANCIAL NA | 8.49% | 2.1M | $66.3M | −125,568 (−5.6%) | June 30, 2026 |
| 2 | BlackRock Inc | 7.31% | 1.8M | $57.1M | +61,491 (+3.5%) | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 3.79% | 946K | $29.6M | −15,924 (−1.7%) | June 30, 2026 |
| 4 | Dimensional Fund Advisors, Inc. | 3.78% | 943K | $29.6M | +56,630 (+6.4%) | June 30, 2026 |
| 5 | Geode Capital Management, LLC | 2.63% | 655K | $20.5M | +37,508 (+6.1%) | June 30, 2026 |
| 6 | State Street Corp | 2.25% | 561K | $17.6M | +68,087 (+13.8%) | June 30, 2026 |
| 7 | The Goldman Sachs Group Inc | 2.11% | 525K | $16.5M | +158,794 (+43.3%) | June 30, 2026 |
| 8 | M3F, Inc. | 1.67% | 417K | $13.1M | — | June 30, 2026 |
| 9 | Stieven Capital Advisors, L.p. | 1.53% | 382K | $12.0M | +43,110 (+12.7%) | June 30, 2026 |
| 10 | Phocas Financial Corp | 1.42% | 354K | $11.1M | +93,259 (+35.7%) | June 30, 2026 |
| 11 | Banc Funds Co LLC | 1.40% | 349K | $10.9M | — | June 30, 2026 |
| 12 | Endeavour Capital Advisors Inc | 1.36% | 340K | $10.6M | −222,711 (−39.6%) | June 30, 2026 |
| 13 | Ameriprise Financial Inc | 1.25% | 311K | $9.7M | −73,030 (−19.0%) | June 30, 2026 |
| 14 | AQR Capital Management LLC | 1.19% | 297K | $9.3M | +27,523 (+10.2%) | June 30, 2026 |
| 15 | RSM US WEALTH MANAGEMENT LLC | 1.18% | 293K | $9.2M | −416 (−0.1%) | June 30, 2026 |
| 16 | American Century Companies Inc | 1.11% | 278K | $8.7M | −32,435 (−10.5%) | June 30, 2026 |
| 17 | AllianceBernstein L.P. | 1.00% | 249K | $7.8M | +6,280 (+2.6%) | June 30, 2026 |
| 18 | CSM Advisors, LLC | 0.96% | 239K | $7.5M | +38,385 (+19.1%) | June 30, 2026 |
| 19 | Morgan Stanley - Brokerage Accounts | 0.95% | 237K | $7.4M | −35,557 (−13.0%) | June 30, 2026 |
| 20 | Gendell Jeffrey L | 0.94% | 234K | $7.3M | — | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 10 holders added 591K shares and 7 cut 506K.
ALRS top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 2.58% | 642K | $20.1M | −3,124 (−0.5%) | August 31, 2026 |
| 2 | iShares Russell 2000 ETF | 2.51% | 626K | $19.6M | +10,109 (+1.6%) | September 30, 2026 |
| 3 | Fidelity Small Cap Index | 1.06% | 263K | $8.2M | +2,195 (+0.8%) | July 31, 2026 |
| 4 | iShares Russell 2000 Value ETF | 0.89% | 223K | $7.0M | +338 (+0.2%) | September 30, 2026 |
| 5 | Columbia Small Cap Value Discv A | 0.88% | 219K | $6.9M | +1,400 (+0.6%) | August 31, 2026 |
| 6 | Mairs & Power Small Cap | 0.82% | 203K | $6.4M | — | September 30, 2026 |
| 7 | DFA US Small Cap Value I | 0.72% | 180K | $5.6M | −21,030 (−10.5%) | August 31, 2026 |
| 8 | Avantis US Small Cap Value ETF | 0.65% | 161K | $5.0M | — | September 30, 2026 |
| 9 | Goldman Sachs Small Cp Val Insghts Instl | 0.56% | 140K | $4.4M | +56,175 (+66.8%) | July 31, 2026 |
| 10 | Vanguard Russell 2000 ETF | 0.54% | 136K | $4.3M | −2,110 (−1.5%) | September 30, 2026 |
| 11 | Federated Hermes MDT Small Cap Core IS | 0.54% | 135K | $4.2M | +40,917 (+43.5%) | June 30, 2026 |
| 12 | Keeley Gabelli Small Cap Dividend I | 0.54% | 135K | $4.2M | — | August 31, 2026 |
| 13 | Schwab US Small-Cap ETF™ | 0.53% | 133K | $4.2M | +90 (+0.1%) | September 30, 2026 |
| 14 | Fidelity Extended Market Index | 0.49% | 122K | $3.8M | −5,551 (−4.4%) | August 31, 2026 |
| 15 | EA Bridgeway Omni Small-Cap Value ETF | 0.43% | 108K | $3.4M | — | September 30, 2026 |
| 16 | DFA US Small Cap I | 0.42% | 105K | $3.3M | — | August 31, 2026 |
| 17 | DFA US Targeted Value I | 0.36% | 90K | $2.8M | +8,930 (+11.0%) | August 31, 2026 |
| 18 | Dimensional US Targeted Value ETF | 0.35% | 88K | $2.8M | — | September 30, 2026 |
| 19 | DFA US Micro Cap I | 0.35% | 88K | $2.8M | +426 (+0.5%) | August 31, 2026 |
| 20 | BSF Systematic US Eq Abs Ret A2 USD | 0.34% | 86K | $2.7M | +16,658 (+24.1%) | December 31, 2025 |
Funds report holdings monthly or quarterly; dates differ by fund.
ALRS insider transactions
latest 3| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2023-05-15 | Alan Villalon | Buy | $14.40 | 1,000 | $14,400 |
| 2023-05-12 | Katie A Lorenson | Buy | $13.90 | 1,438 | $19,988 |
| 2023-05-11 | Janet O Estep | Buy | $13.41 | 3,717 | $49,845 |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
ALRS shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns ALRS
Institutional investors own 67.2% of Alerus Financial's shares and insiders 8.47%. The largest holder is ALERUS FINANCIAL NA with 8.49% of the shares (2.1M), as of June 30, 2026. Among the top 20 institutions, 10 added shares and 7 reduced their stake in the latest filings. Short interest is 5.34% of the float, or 7.28 days of average trading volume. The share count rose 82.4% since 2014.
Related: ALRS analyst forecast, ALRS key metrics, ALRS dividend history. See the ALRS stock overview for the latest quote and news.
ALRS ownership FAQ
Who owns the most Alerus Financial stock?
The largest shareholders of Alerus Financial are ALERUS FINANCIAL NA (8.49%), BlackRock Inc (7.31%), Vanguard Capital Management, LLC (3.79%), Dimensional Fund Advisors, Inc. (3.78%), Geode Capital Management, LLC (2.63%).
What percentage of Alerus Financial is owned by institutions?
Institutions hold 67.2% of Alerus Financial's shares outstanding; insiders hold 8.47%.
Which funds own Alerus Financial?
The largest fund holders of Alerus Financial are Vanguard MStar Total Stk Mkt Idx Invest (2.58%), iShares Russell 2000 ETF (2.51%), Fidelity Small Cap Index (1.06%), iShares Russell 2000 Value ETF (0.89%), Columbia Small Cap Value Discv A (0.88%).
What is Alerus Financial's short interest?
1.3M shares of Alerus Financial were sold short, 5.34% of the float; at the average daily volume it would take 7.28 days to cover.
Are insiders buying or selling Alerus Financial?
Of the latest 3 reported insider transactions in Alerus Financial (since May 11, 2023), 3 were purchases and 0 were sales.
How many shares of Alerus Financial are outstanding?
Alerus Financial has 24.9M shares outstanding, of which 23.0M are in the public float.