Alerus Financial

Alerus Financial as of Sept. 30, 2011

Portfolio Holdings for Alerus Financial

Alerus Financial holds 93 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 7.0 $24M 214k 113.15
Microsoft Corporation (MSFT) 6.7 $23M 926k 24.89
Vanguard Mid-Cap Growth ETF (VOT) 3.6 $13M 231k 54.35
Vanguard Mid-Cap Value ETF (VOE) 2.9 $10M 218k 46.40
Apple (AAPL) 2.8 $9.6M 25k 381.31
Wells Fargo & Company (WFC) 2.4 $8.2M 338k 24.12
JPMorgan Chase & Co. (JPM) 2.1 $7.4M 247k 30.12
Abbott Laboratories (ABT) 2.1 $7.4M 145k 51.14
General Electric Company 2.1 $7.4M 486k 15.22
Procter & Gamble Company (PG) 2.0 $7.1M 112k 63.18
Exxon Mobil Corporation (XOM) 2.0 $7.0M 97k 72.63
McDonald's Corporation (MCD) 2.0 $7.0M 80k 87.82
Google 1.8 $6.3M 12k 515.06
Chevron Corporation (CVX) 1.8 $6.2M 67k 92.60
Oracle Corporation (ORCL) 1.8 $6.3M 218k 28.74
American Express Company (AXP) 1.6 $5.4M 120k 44.90
Intel Corporation (INTC) 1.5 $5.3M 247k 21.34
Pepsi (PEP) 1.5 $5.1M 83k 61.90
Philip Morris International (PM) 1.5 $5.1M 81k 62.38
Wal-Mart Stores (WMT) 1.4 $5.0M 96k 51.90
Baxter International (BAX) 1.4 $5.0M 88k 56.15
EMC Corporation 1.4 $5.0M 237k 20.99
At&t (T) 1.4 $4.9M 171k 28.52
Kohl's Corporation (KSS) 1.4 $4.7M 96k 49.10
Cisco Systems (CSCO) 1.3 $4.5M 291k 15.50
Walt Disney Company (DIS) 1.3 $4.5M 148k 30.16
Apache Corporation 1.3 $4.4M 54k 80.24
Cardinal Health (CAH) 1.2 $4.3M 103k 41.88
Verizon Communications (VZ) 1.2 $4.3M 116k 36.80
United Technologies Corporation 1.2 $4.2M 60k 70.36
Boeing Company (BA) 1.2 $4.2M 70k 60.50
AFLAC Incorporated (AFL) 1.2 $4.2M 120k 34.95
Target Corporation (TGT) 1.2 $4.1M 83k 49.04
E.I. du Pont de Nemours & Company 1.1 $3.8M 94k 39.97
TJX Companies (TJX) 1.1 $3.7M 67k 55.48
Becton, Dickinson and (BDX) 1.0 $3.6M 49k 73.32
General Mills (GIS) 1.0 $3.6M 93k 38.49
Prudential Financial (PRU) 1.0 $3.5M 75k 46.85
Nike (NKE) 1.0 $3.5M 41k 85.50
Covidien 1.0 $3.4M 76k 44.11
CVS Caremark Corporation (CVS) 1.0 $3.4M 100k 33.59
C.R. Bard 1.0 $3.3M 38k 87.53
Praxair 1.0 $3.3M 35k 93.48
Teva Pharmaceutical Industries (TEVA) 0.9 $3.2M 86k 37.22
Principal Financial (PFG) 0.9 $3.1M 137k 22.67
Norfolk Southern (NSC) 0.9 $3.1M 51k 61.03
Cognizant Technology Solutions (CTSH) 0.9 $3.1M 49k 62.70
Eaton Corporation 0.9 $3.0M 85k 35.50
Nextera Energy (NEE) 0.8 $2.8M 52k 54.02
General Dynamics Corporation (GD) 0.8 $2.8M 49k 56.90
Gilead Sciences (GILD) 0.8 $2.7M 71k 38.80
State Street Corporation (STT) 0.8 $2.7M 84k 32.17
Expeditors International of Washington (EXPD) 0.8 $2.7M 65k 40.55
Life Technologies 0.8 $2.6M 69k 38.43
Peabody Energy Corporation 0.7 $2.6M 76k 33.89
Adobe Systems Incorporated (ADBE) 0.7 $2.6M 107k 24.17
Johnson Controls 0.7 $2.6M 97k 26.37
ConocoPhillips (COP) 0.7 $2.5M 39k 63.32
Broadcom Corporation 0.7 $2.4M 73k 33.29
Colgate-Palmolive Company (CL) 0.7 $2.4M 27k 88.67
ProShares UltraShort Euro (EUO) 0.7 $2.4M 124k 19.28
National-Oilwell Var 0.7 $2.3M 46k 51.23
Baker Hughes Incorporated 0.7 $2.2M 49k 46.15
Accenture (ACN) 0.6 $2.2M 41k 52.67
Noble Corporation Com Stk 0.6 $2.2M 73k 29.36
Cummins (CMI) 0.6 $2.1M 26k 81.66
Transocean (RIG) 0.6 $1.9M 40k 47.73
Juniper Networks (JNPR) 0.5 $1.8M 106k 17.26
Cme (CME) 0.5 $1.7M 6.8k 246.39
First Advantage Ban (FABK) 0.4 $1.5M 118k 12.82
Mosaic (MOS) 0.3 $1.2M 24k 48.96
Kellogg Company (K) 0.3 $1.0M 19k 53.20
BlackRock (BLK) 0.2 $821k 5.6k 147.93
International Business Machines (IBM) 0.2 $761k 4.4k 174.78
Comcast Corporation (CMCSA) 0.2 $717k 34k 20.93
Medtronic 0.2 $643k 19k 33.24
Deere & Company (DE) 0.2 $574k 8.9k 64.59
SIFCO Industries (SIF) 0.2 $603k 33k 18.33
Paccar (PCAR) 0.1 $514k 15k 33.80
iShares Dow Jones Select Dividend (DVY) 0.1 $408k 8.5k 48.28
Ecolab (ECL) 0.1 $324k 6.6k 48.87
W.W. Grainger (GWW) 0.1 $324k 2.2k 149.72
Altria (MO) 0.1 $297k 11k 26.78
BP (BP) 0.1 $263k 7.3k 36.07
Monsanto Company 0.1 $282k 4.7k 60.00
Barrick Gold Corp (GOLD) 0.1 $252k 5.4k 46.67
Home Depot (HD) 0.1 $237k 7.2k 32.83
Johnson & Johnson (JNJ) 0.1 $226k 3.5k 63.75
Darden Restaurants (DRI) 0.1 $227k 5.3k 42.83
Patterson Companies (PDCO) 0.1 $244k 8.5k 28.59
Black Hills Corporation (BKH) 0.1 $200k 6.5k 30.60
Alcoa 0.1 $174k 18k 9.56
Nabors Industries 0.0 $154k 13k 12.22