Alerus Finl Corp (ALRS) Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Alerus Finl Corp (ALRS) following the 2026 Q2 hedge fund 13F filings?

As of today, ALRS has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), ALRS gained +8.3% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Alerus Finl Corp (ALRS)

145 + Investors. Track Smart Money conviction in ALRS. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — ALRS

Based on 146 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q

For 11 consecutive quarters, more hedge funds added ALRS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

146 hedge funds hold ALRS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +29% more funds vs a year ago

fund count last 6Q

+33 new funds entered over the past year (+29% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟡

Slight buying edge — 55% buying

69 buying57 selling

Last quarter: 69 funds bought or added vs 57 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~18 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 25 → 18 → 18 → 18. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

45% of holders stayed for 2+ years

■ 45% conviction (2yr+) ■ 29% medium ■ 26% new

65 out of 146 hedge funds have held ALRS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📊

Peak discovery — momentum slowing

17 → 25 → 18 → 18 → 18 new funds/Q

New funds entering each quarter: 25 → 18 → 18 → 18. ALRS is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 49% veterans vs 34% newcomers

■ 49% veterans ■ 18% 1-2yr ■ 34% new

Entry-cohort mix of 146 holders: 71 (49%) are 2+ year veterans, 26 entered 1–2 years ago, and 49 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds

38 of 146 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in ALRS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	145	142	2.11%
13F Shares	16M	15M	2.56%
Total Value	$354M	$346M	2.4%
New Positions	17	18	-1
Increased Positions	51	70	-19
Closed Positions	14	9	+5
Reduced Positions	43	31	+12
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

145

142

2.11%

13F Shares

16M

15M

2.56%

Total Value

$354M

$346M

2.4%

New Positions

-1

Increased Positions

-19

Closed Positions

Reduced Positions

+12

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

145 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ALRS. Verified SEC 13F-HR filings.

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ALRS holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Alerus Financial NA	2.88%	2,116,173	$65.8M
2	Stieven Capital Advisors, L.P.	2.27%	382,034	$11.9M
3	Endeavour Capital Advisors Inc	2.17%	339,518	$10.6M
4	Sippican Capital Advisors	2.12%	111,891	$3.5M
5	Banc Funds Co LLC	1.79%	349,165	$10.9M
6	Phocas Financial Corp.	1.53%	354,155	$11.0M
7	Grace & White Inc /Ny	1.12%	228,108	$7.1M
8	Cutler Capital Management, LLC	1.09%	134,400	$4.2M
9	Wealth Forward, LLC	0.78%	50,279	$1.6M
10	Pinnacle Holdings, LLC	0.47%	49,149	$1.5M
11	Gator Capital Management, LLC	0.36%	54,420	$1.7M
12	Johnson Wealth Management, LLC	0.30%	23,006	$716K
13	Chiron Capital Management, LLC	0.18%	6,432	$200K
14	Lafayette Investments, Inc.	0.13%	21,900	$681K
15	Choreo, LLC	0.10%	293,265	$9.1M
16	Odyssean, LLC	0.09%	18,781	$584K
17	Basswood Capital Management, L.L.C.	0.07%	60,240	$1.9M
18	Gendell Jeffrey L	0.06%	233,700	$7.3M
19	Bridgeway Capital Management, LLC	0.06%	108,916	$3.4M
20	Mairs & Power Inc	0.06%	203,417	$6.3M
21	Verus Capital Partners, LLC	0.05%	23,700	$465K
22	Horrell Capital Management, Inc.	0.04%	3,000	$93K
23	Aviance Capital Partners, LLC	0.04%	13,111	$408K
24	Harbor Advisors LLC	0.04%	9,867	$307K
25	Inspire Investing, LLC	0.03%	21,985	$684K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Alerus Finl Corp (ALRS)

What does the Smart Money Trend signal show for ALRS?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added ALRS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ALRS?

Slight buying edge — 55% buying: Last quarter: 69 funds bought or added vs 57 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ALRS holders?

Elite ownership — 46% AUM from top-100 funds: 38 of 146 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in ALRS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ALRS?

45% of holders stayed for 2+ years: 65 out of 146 hedge funds have held ALRS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Alerus Finl Corp (ALRS) following the 2026 Q2 hedge fund 13F filings?

As of today, ALRS has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLF sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), ALRS has gained +8.3% vs +8.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Alerus Finl Corp (ALRS)

Smart Money Signals — ALRS

Buying streak — 11 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +29% more funds vs a year ago

Slight buying edge — 55% buying

Steady new buyers — ~18 new funds per quarter

45% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 49% veterans vs 34% newcomers

Elite ownership — 46% AUM from top-100 funds

Institutional Sentiment Summary — ALRS

Hedge Fund Ownership: ALRS

Market Analysis: ALRS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ALRS

Is It Too Late to Buy Alerus Finl Corp (ALRS) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: ALRS

Statistics: ALRS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Alerus Finl Corp (ALRS)

Welcome to 13Foresight!