Alerus Investment Advisors

Alerus Investment Advisors as of March 31, 2016

Portfolio Holdings for Alerus Investment Advisors

Alerus Investment Advisors holds 287 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard S&p 500 Etf idx (VOO) 10.5 $60M 320k 188.56
iShares Lehman Aggregate Bond (AGG) 8.0 $46M 413k 110.82
iShares Russell 2000 Index (IWM) 4.0 $23M 209k 110.63
Vanguard Scottsdale Fds cmn (VONE) 3.4 $19M 205k 94.29
Spdr S&p 500 Etf (SPY) 2.9 $17M 81k 205.53
Apple Computer 2.8 $16M 147k 109.00
Vanguard REIT ETF (VNQ) 2.1 $12M 147k 83.80
General Electric Company 1.9 $11M 336k 31.79
iShares Russell Midcap Index Fund (IWR) 1.9 $11M 65k 162.92
Alphabet Inc Class A cs (GOOGL) 1.8 $11M 14k 762.92
Johnson & Johnson (JNJ) 1.8 $10M 94k 108.20
Vanguard Mid-Cap ETF (VO) 1.7 $10M 83k 121.23
Utilities SPDR (XLU) 1.6 $9.1M 184k 49.62
Microsoft Corporation (MSFT) 1.6 $9.0M 162k 55.23
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 1.4 $8.1M 93k 86.92
CVS Caremark Corporation (CVS) 1.3 $7.3M 71k 103.73
iShares NASDAQ Biotechnology Index (IBB) 1.3 $7.3M 28k 260.81
JPMorgan Chase & Co. (JPM) 1.2 $7.1M 119k 59.22
Honeywell International (HON) 1.2 $7.1M 63k 112.06
iShares Lehman 7-10 Yr Treas. Bond (IEF) 1.2 $7.0M 64k 110.34
Lowe's Companies (LOW) 1.2 $6.9M 91k 75.75
priceline.com Incorporated 1.2 $6.9M 5.4k 1289.02
Verizon Communications (VZ) 1.2 $6.8M 127k 54.08
Cognizant Technology Solutions (CTSH) 1.2 $6.7M 107k 62.71
Berkshire Hath-cl B 1.1 $6.5M 46k 141.87
Exxon Mobil Corporation (XOM) 1.1 $6.4M 76k 83.59
Pepsi (PEP) 1.1 $6.3M 62k 102.49
Medtronic (MDT) 1.1 $6.3M 85k 75.00
UnitedHealth (UNH) 1.0 $5.9M 46k 128.92
Pfizer (PFE) 1.0 $5.8M 196k 29.64
At&t (T) 1.0 $5.7M 146k 39.17
BlackRock (BLK) 1.0 $5.6M 17k 340.57
Cisco Systems (CSCO) 0.9 $5.3M 187k 28.47
Comcast Corporation (CMCSA) 0.9 $5.1M 84k 61.07
Coca-Cola Company (KO) 0.9 $5.0M 108k 46.38
Procter & Gamble Company (PG) 0.9 $5.0M 60k 82.32
Facebook Inc cl a (META) 0.8 $4.8M 42k 114.08
Philip Morris International (PM) 0.8 $4.7M 48k 98.11
Oracle Corporation (ORCL) 0.8 $4.7M 115k 40.92
Boeing 0.8 $4.6M 36k 126.95
Qualcomm (QCOM) 0.8 $4.6M 89k 51.14
Danaher Corporation (DHR) 0.8 $4.5M 47k 94.86
Cardinal Health (CAH) 0.8 $4.3M 52k 81.95
EMC Corporation 0.7 $4.1M 155k 26.65
Chevron Corporation (CVX) 0.7 $4.1M 43k 95.38
Mylan Nv 0.7 $4.0M 87k 46.34
Accenture (ACN) 0.7 $4.0M 35k 115.40
Prudential Financial (PRU) 0.7 $3.9M 55k 72.21
Visa (V) 0.7 $3.9M 51k 75.33
BECTON DICKINSON & CO Com Stk 0.7 $3.8M 25k 151.80
Zimmer Holdings (ZBH) 0.6 $3.7M 34k 106.62
Walt Disney Company (DIS) 0.6 $3.5M 35k 99.34
Celgene Corporation 0.6 $3.4M 34k 100.12
Allergan 0.6 $3.4M 13k 268.07
IntercontinentalEx.. 0.6 $3.3M 14k 235.10
F5 Networks (FFIV) 0.6 $3.2M 31k 105.83
Citigroup (C) 0.5 $3.1M 74k 41.76
Vanguard High Dividend Yield ETF (VYM) 0.5 $3.0M 44k 69.04
iShares Dow Jones US Oil & Gas Exp. (IEO) 0.5 $3.0M 58k 51.98
iShares S&P 500 Index (IVV) 0.5 $3.0M 14k 206.63
McKesson Corporation (MCK) 0.5 $2.9M 18k 157.20
Starbucks Corporation (SBUX) 0.5 $2.9M 48k 59.71
American Express 0.5 $2.8M 46k 61.41
MetLife (MET) 0.5 $2.8M 64k 43.95
Marriott International (MAR) 0.5 $2.7M 39k 71.18
U.S. Bancorp (USB) 0.5 $2.6M 65k 40.59
Cme (CME) 0.4 $2.5M 26k 96.03
State Street Corporation (STT) 0.4 $2.5M 43k 58.51
Express Scripts Holding 0.4 $2.3M 33k 68.68
Wells Fargo & Company (WFC) 0.4 $2.1M 106k 20.05
McDonald's Corporation (MCD) 0.3 $2.0M 16k 125.69
Home Depot (HD) 0.3 $1.9M 15k 133.44
Twenty-first Century Fox 0.3 $2.0M 71k 27.88
Intel Corporation (INTC) 0.3 $1.8M 55k 32.35
General Mills (GIS) 0.3 $1.8M 28k 63.37
Nike (NKE) 0.3 $1.8M 29k 61.48
Southern Company (SO) 0.3 $1.8M 34k 51.73
Halliburton Company (HAL) 0.3 $1.7M 49k 35.72
Schlumberger (SLB) 0.3 $1.7M 23k 73.73
Duke Energy (DUK) 0.3 $1.6M 20k 80.68
Mondelez Int (MDLZ) 0.3 $1.6M 40k 40.13
Dick's Sporting Goods (DKS) 0.3 $1.5M 33k 46.76
Emerson Electric (EMR) 0.3 $1.6M 29k 54.41
Rbc Cad (RY) 0.3 $1.5M 27k 57.56
Abbvie (ABBV) 0.3 $1.5M 27k 57.13
Merck & Co (MRK) 0.3 $1.5M 29k 52.90
Monsanto Company 0.2 $1.5M 17k 87.71
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.2 $1.4M 13k 105.40
Eaton (ETN) 0.2 $1.4M 22k 62.58
United Parcel Service (UPS) 0.2 $1.3M 13k 105.49
Total (TTE) 0.2 $954k 21k 45.41
Vanguard Total Bond Market ETF (BND) 0.2 $1.0M 12k 82.81
Kraft Heinz (KHC) 0.2 $954k 12k 78.56
Nordstrom (JWN) 0.1 $876k 15k 57.20
iShares MSCI EAFE Index Fund (EFA) 0.1 $873k 15k 57.14
iShares S&P MidCap 400 Index (IJH) 0.1 $839k 5.8k 144.13
iShares MSCI Emerging Markets Indx (EEM) 0.1 $791k 23k 34.23
Consolidated Edison (ED) 0.1 $826k 11k 76.64
iShares Dow Jones Select Dividend (DVY) 0.1 $804k 9.8k 81.71
Ecolab (ECL) 0.1 $736k 6.6k 111.52
I Shares 2019 Etf 0.1 $727k 28k 25.67
Dbx Trackers db xtr msci eur (DBEU) 0.1 $691k 28k 24.68
Vanguard Small-Cap Value ETF (VBR) 0.1 $647k 6.4k 101.81
Vanguard Small-Cap Growth ETF (VBK) 0.1 $591k 5.0k 118.96
Vanguard Europe Pacific ETF (VEA) 0.1 $503k 14k 35.87
W.W. Grainger (GWW) 0.1 $486k 2.1k 233.43
International Business Machines (IBM) 0.1 $478k 3.2k 151.41
Gilead Sciences (GILD) 0.1 $441k 4.8k 91.91
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $484k 4.1k 118.71
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $433k 3.9k 111.77
Nextera Energy (NEE) 0.1 $415k 3.5k 118.27
TJX Companies (TJX) 0.1 $407k 5.2k 78.19
Vanguard Emerging Markets ETF (VWO) 0.1 $319k 9.2k 34.60
Vanguard Small-Cap ETF (VB) 0.1 $336k 3.0k 111.48
Ishares Inc msci frntr 100 (FM) 0.1 $342k 14k 24.58
Colgate-Palmolive Company (CL) 0.1 $306k 4.3k 70.65
iShares S&P 500 Growth Index (IVW) 0.1 $282k 2.4k 115.86
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $260k 3.2k 81.71
iShares S&P/Citi Intl Treasury Bond (IGOV) 0.1 $272k 2.8k 97.25
Nucor Corporation (NUE) 0.0 $232k 4.9k 47.36
Ross Stores (ROST) 0.0 $258k 4.4k 58.00
Xcel Energy (XEL) 0.0 $245k 5.9k 41.75
iShares S&P 500 Value Index (IVE) 0.0 $227k 2.5k 89.94
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.0 $175k 3.5k 49.79
Kinder Morgan (KMI) 0.0 $95k 5.3k 17.88
Wal-Mart Stores (WMT) 0.0 $39k 565.00 69.03
E.I. du Pont de Nemours & Company 0.0 $48k 759.00 63.24
Bemis Company 0.0 $76k 1.5k 52.02
Energy Select Sector SPDR (XLE) 0.0 $44k 710.00 61.97
Spectra Energy Partners 0.0 $82k 1.7k 48.41
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.0 $30k 785.00 38.22
Liberty All-Star Equity Fund (USA) 0.0 $32k 6.3k 5.04
SPDR DJ Wilshire REIT (RWR) 0.0 $44k 463.00 95.03
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $76k 685.00 110.95
Wisdomtree Tr em lcl debt (ELD) 0.0 $37k 1.0k 36.74
iShares S&P Conservative Allocatn Fd ETF (AOK) 0.0 $32k 1.0k 32.00
Sce Trust I 0.0 $41k 1.6k 25.62
Bbt Pfd D preferred 0.0 $42k 1.6k 26.25
Aflac Inc 5.5% p 0.0 $57k 2.2k 25.62
General Electric Capital preferre 0.0 $42k 1.6k 26.25
Eix 5.1 (SCE.PG) 0.0 $80k 3.2k 25.32
Gen Elec Cap Corp Nt preferre 0.0 $63k 2.4k 25.98
Intercontinental Exchange (ICE) 0.0 $39k 165.00 236.36
Allstate Corp Pfd 6.625% Cal 0.0 $77k 2.8k 27.45
Psa 5 7/8 12/31/49 0.0 $80k 3.0k 26.98
State Street 0.0 $78k 3.0k 26.40
Hasbro (HAS) 0.0 $2.0k 31.00 64.52
CMS Energy Corporation (CMS) 0.0 $1.0k 31.00 32.26
Taiwan Semiconductor Mfg (TSM) 0.0 $5.0k 182.00 27.47
Ansys (ANSS) 0.0 $1.0k 11.00 90.91
Broadridge Financial Solutions (BR) 0.0 $2.0k 41.00 48.78
Goldman Sachs (GS) 0.0 $1.0k 7.00 142.86
Hartford Financial Services (HIG) 0.0 $2.0k 47.00 42.55
MasterCard Incorporated (MA) 0.0 $1.0k 15.00 66.67
Charles Schwab Corporation (SCHW) 0.0 $1.0k 18.00 55.56
Western Union Company (WU) 0.0 $2.0k 92.00 21.74
PNC Financial Services (PNC) 0.0 $2.0k 23.00 86.96
Canadian Natl Ry (CNI) 0.0 $4.0k 64.00 62.50
Costco Wholesale Corporation (COST) 0.0 $4.0k 26.00 153.85
Expeditors International of Washington (EXPD) 0.0 $999.970000 19.00 52.63
Baxter International (BAX) 0.0 $1.0k 21.00 47.62
Eli Lilly & Co. (LLY) 0.0 $1.0k 7.00 142.86
Dominion Resources (D) 0.0 $2.0k 30.00 66.67
Bristol Myers Squibb (BMY) 0.0 $3.0k 46.00 65.22
3M Company (MMM) 0.0 $1.0k 8.00 125.00
Genuine Parts Company (GPC) 0.0 $2.0k 19.00 105.26
Northrop Grumman Corporation (NOC) 0.0 $4.0k 19.00 210.53
Reynolds American 0.0 $3.0k 54.00 55.56
Ritchie Bros. Auctioneers Inco 0.0 $2.0k 62.00 32.26
Rollins (ROL) 0.0 $999.900000 45.00 22.22
Sonoco Products Company (SON) 0.0 $1.0k 21.00 47.62
SYSCO Corporation (SYY) 0.0 $2.0k 48.00 41.67
Travelers Companies (TRV) 0.0 $2.0k 17.00 117.65
Adobe Systems Incorporated (ADBE) 0.0 $3.0k 40.00 75.00
Brown-Forman Corporation (BF.B) 0.0 $2.0k 25.00 80.00
Molson Coors Brewing Company (TAP) 0.0 $1.0k 6.00 166.67
Automatic Data Processing (ADP) 0.0 $2.0k 24.00 83.33
Avery Dennison Corporation (AVY) 0.0 $2.0k 24.00 83.33
Boston Scientific Corporation (BSX) 0.0 $2.0k 91.00 21.98
Dow Chemical Company 0.0 $1.0k 21.00 47.62
C.R. Bard 0.0 $1.0k 7.00 142.86
Analog Devices (ADI) 0.0 $4.0k 64.00 62.50
AmerisourceBergen (COR) 0.0 $3.0k 29.00 103.45
Raytheon Company 0.0 $4.0k 35.00 114.29
Rockwell Collins 0.0 $2.0k 22.00 90.91
Kroger (KR) 0.0 $2.0k 50.00 40.00
Thermo Fisher Scientific (TMO) 0.0 $1.0k 5.00 200.00
Novartis (NVS) 0.0 $9.0k 127.00 70.87
NiSource (NI) 0.0 $1.0k 47.00 21.28
Lockheed Martin Corporation (LMT) 0.0 $2.0k 11.00 181.82
Intuitive Surgical (ISRG) 0.0 $1.0k 2.00 500.00
Praxair 0.0 $1.0k 6.00 166.67
Unilever 0.0 $0 11.00 0.00
Exelon Corporation (EXC) 0.0 $999.950000 35.00 28.57
Linear Technology Corporation 0.0 $2.0k 35.00 57.14
Patterson Companies (PDCO) 0.0 $1.0k 27.00 37.04
Illinois Tool Works (ITW) 0.0 $3.0k 25.00 120.00
Anheuser-Busch InBev NV (BUD) 0.0 $3.0k 28.00 107.14
ITC Holdings 0.0 $1.0k 25.00 40.00
Novo Nordisk A/S (NVO) 0.0 $2.0k 42.00 47.62
Clorox Company (CLX) 0.0 $3.0k 24.00 125.00
Kellogg Company (K) 0.0 $999.990000 9.00 111.11
Advance Auto Parts (AAP) 0.0 $1.0k 4.00 250.00
AutoZone (AZO) 0.0 $1.0k 1.00 1000.00
Regal Entertainment 0.0 $2.0k 86.00 23.26
Omni (OMC) 0.0 $2.0k 23.00 86.96
Beacon Roofing Supply (BECN) 0.0 $2.0k 54.00 37.04
Janus Capital 0.0 $999.680000 88.00 11.36
CoStar (CSGP) 0.0 $2.0k 13.00 153.85
Old Republic International Corporation (ORI) 0.0 $999.900000 45.00 22.22
Public Service Enterprise (PEG) 0.0 $1.0k 24.00 41.67
Applied Materials (AMAT) 0.0 $2.0k 79.00 25.32
Fastenal Company (FAST) 0.0 $3.0k 69.00 43.48
Roper Industries (ROP) 0.0 $2.0k 10.00 200.00
Ultimate Software 0.0 $3.0k 16.00 187.50
Verisk Analytics (VRSK) 0.0 $2.0k 21.00 95.24
J.M. Smucker Company (SJM) 0.0 $1.0k 6.00 166.67
InnerWorkings 0.0 $999.600000 102.00 9.80
Amazon (AMZN) 0.0 $1.0k 1.00 1000.00
Amdocs Ltd ord (DOX) 0.0 $2.0k 27.00 74.07
Amphenol Corporation (APH) 0.0 $2.0k 40.00 50.00
Maximus (MMS) 0.0 $1.0k 21.00 47.62
Endurance Specialty Hldgs Lt 0.0 $2.0k 28.00 71.43
Estee Lauder Companies (EL) 0.0 $3.0k 30.00 100.00
Entergy Corporation (ETR) 0.0 $999.960000 13.00 76.92
Under Armour (UAA) 0.0 $2.0k 23.00 86.96
Spartan Motors 0.0 $3.0k 742.00 4.04
Acuity Brands (AYI) 0.0 $1.0k 6.00 166.67
Chemed Corp Com Stk (CHE) 0.0 $2.0k 14.00 142.86
Cinemark Holdings (CNK) 0.0 $999.900000 33.00 30.30
Quest Diagnostics Incorporated (DGX) 0.0 $2.0k 31.00 64.52
Banco Itau Holding Financeira (ITUB) 0.0 $1.0k 174.00 5.75
Middleby Corporation (MIDD) 0.0 $999.960000 12.00 83.33
NuStar Energy (NS) 0.0 $5.0k 1.1k 4.37
Oneok Partners 0.0 $999.000000 444.00 2.25
athenahealth 0.0 $2.0k 15.00 133.33
British American Tobac (BTI) 0.0 $999.960000 12.00 83.33
Unilever (UL) 0.0 $2.0k 50.00 40.00
Worthington Industries (WOR) 0.0 $999.900000 30.00 33.33
Fresenius Medical Care AG & Co. (FMS) 0.0 $999.900000 33.00 30.30
Healthcare Services (HCSG) 0.0 $2.0k 50.00 40.00
Alcatel-Lucent 0.0 $0 19.00 0.00
Neogen Corporation (NEOG) 0.0 $999.900000 22.00 45.45
PowerShares QQQ Trust, Series 1 0.0 $11k 100.00 110.00
First American Financial (FAF) 0.0 $2.0k 64.00 31.25
Mednax (MD) 0.0 $1.0k 23.00 43.48
iShares S&P MidCap 400 Growth (IJK) 0.0 $0 3.00 0.00
Vanguard FTSE All-World ex-US ETF (VEU) 0.0 $6.0k 136.00 44.12
iShares S&P SmallCap 600 Growth (IJT) 0.0 $0 4.00 0.00
Echo Global Logistics 0.0 $999.960000 39.00 25.64
iShares Lehman MBS Bond Fund (MBB) 0.0 $22k 200.00 110.00
iShares Barclays TIPS Bond Fund (TIP) 0.0 $10k 86.00 116.28
Sun Communities (SUI) 0.0 $2.0k 25.00 80.00
Motorola Solutions (MSI) 0.0 $999.940000 17.00 58.82
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $12k 143.00 83.92
SPDR Barclays Capital High Yield B 0.0 $10k 294.00 34.01
WisdomTree Emerging Markets Eq (DEM) 0.0 $23k 658.00 34.95
John Hancock Patriot Premium Div Fund II (PDT) 0.0 $6.0k 405.00 14.81
iShares FTSE Developed Small Cap ex-Nor (IEUS) 0.0 $13k 282.00 46.10
Bayerische Motoren Werke A- 0.0 $2.0k 50.00 40.00
Kddi Corp-unsp (KDDIY) 0.0 $1.0k 86.00 11.63
Abb Ltd- 0.0 $26k 1.4k 19.12
Ishares Tr 2017 s^p amtfr 0.0 $20k 730.00 27.40
Cbre Clarion Global Real Estat re (IGR) 0.0 $0 6.00 0.00
Aia Group Ltd-sp (AAGIY) 0.0 $3.0k 130.00 23.08
Adams Express 0.0 $7.0k 564.00 12.41
John Hancock Hdg Eq & Inc (HEQ) 0.0 $5.0k 325.00 15.38
Aegon 0.0 $4.0k 1.6k 2.50
Ishares Tr cmn (GOVT) 0.0 $4.0k 168.00 23.81
Sysmex Corp for (SSMXY) 0.0 $2.0k 72.00 27.78
Zoetis Inc Cl A (ZTS) 0.0 $1.0k 20.00 50.00
Quintiles Transnatio Hldgs I 0.0 $1.0k 14.00 71.43
Csl (CSLLY) 0.0 $2.0k 44.00 45.45
Servicemaster Global 0.0 $999.940000 17.00 58.82
Synchrony Financial (SYF) 0.0 $1.0k 24.00 41.67
Ishares 2020 Amt-free Muni Bond Etf 0.0 $6.0k 234.00 25.64
Bio-techne Corporation (TECH) 0.0 $1.0k 15.00 66.67
California Resources 0.0 $0 2.00 0.00
Liberty Broadband Cl C (LBRDK) 0.0 $1.0k 18.00 55.56
Birmingham Bloomfield Bancshares 0.0 $11k 1.3k 8.80
Eversource Energy (ES) 0.0 $999.940000 17.00 58.82
Bio-key International 0.0 $0 1.3k 0.00
Bwx Technologies (BWXT) 0.0 $1.0k 37.00 27.03
Acxiom 0.0 $1.0k 76.00 13.16
Welltower Inc Com reit (WELL) 0.0 $1.0k 18.00 55.56
Alphabet Inc Class C cs (GOOG) 0.0 $4.0k 5.00 800.00
Chubb (CB) 0.0 $1.0k 11.00 90.91