Alerus Investment Advisors as of Dec. 31, 2013
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 159 positions in its portfolio as reported in the December 2013 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 6.7 | $30M | 164k | 184.68 | |
| Apple (AAPL) | 2.9 | $13M | 24k | 560.84 | |
| iShares S&P 500 Index (IVV) | 2.7 | $12M | 67k | 183.28 | |
| Microsoft Corporation (MSFT) | 2.5 | $11M | 300k | 37.41 | |
| Vanguard S&p 500 Etf idx (VOO) | 2.1 | $9.4M | 56k | 167.38 | |
| Express Scripts Holding | 2.0 | $8.9M | 127k | 70.25 | |
| JPMorgan Chase & Co. (JPM) | 1.8 | $8.3M | 143k | 58.45 | |
| General Electric Company | 1.8 | $8.3M | 297k | 27.98 | |
| 1.6 | $7.5M | 6.7k | 1120.75 | ||
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 1.6 | $7.2M | 63k | 114.31 | |
| Chevron Corporation (CVX) | 1.5 | $6.9M | 55k | 124.86 | |
| Wells Fargo & Company (WFC) | 1.4 | $6.5M | 144k | 45.40 | |
| iShares MSCI EAFE Index Fund (EFA) | 1.4 | $6.4M | 98k | 65.91 | |
| Walt Disney Company (DIS) | 1.4 | $6.4M | 84k | 76.39 | |
| Prudential Financial (PRU) | 1.4 | $6.2M | 68k | 92.16 | |
| Eaton (ETN) | 1.4 | $6.2M | 82k | 76.09 | |
| Cognizant Technology Solutions (CTSH) | 1.4 | $6.2M | 61k | 100.98 | |
| Comcast Corporation (CMCSA) | 1.4 | $6.2M | 119k | 51.96 | |
| Exxon Mobil Corporation (XOM) | 1.3 | $6.1M | 60k | 101.18 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.3 | $6.1M | 27k | 227.09 | |
| iShares Lehman Aggregate Bond (AGG) | 1.3 | $6.0M | 56k | 106.43 | |
| Procter & Gamble Company (PG) | 1.3 | $5.9M | 72k | 81.34 | |
| Johnson & Johnson (JNJ) | 1.2 | $5.7M | 62k | 91.55 | |
| Oracle Corporation (ORCL) | 1.2 | $5.5M | 143k | 38.35 | |
| Pfizer (PFE) | 1.2 | $5.4M | 178k | 30.63 | |
| Vanguard REIT ETF (VNQ) | 1.2 | $5.4M | 84k | 64.57 | |
| Starwood Hotels & Resorts Worldwide | 1.2 | $5.4M | 67k | 79.44 | |
| iShares Dow Jones Select Dividend (DVY) | 1.2 | $5.3M | 75k | 71.34 | |
| Utilities SPDR (XLU) | 1.1 | $5.2M | 137k | 37.98 | |
| McDonald's Corporation (MCD) | 1.1 | $5.1M | 53k | 97.00 | |
| Pepsi (PEP) | 1.1 | $5.1M | 62k | 82.91 | |
| American Express Company (AXP) | 1.1 | $4.9M | 54k | 90.72 | |
| CVS Caremark Corporation (CVS) | 1.1 | $4.8M | 67k | 71.56 | |
| iShares Russell 2000 Index (IWM) | 1.1 | $4.8M | 42k | 113.51 | |
| Berkshire Hathaway (BRK.B) | 1.1 | $4.8M | 41k | 118.11 | |
| Nike (NKE) | 1.1 | $4.8M | 61k | 78.61 | |
| Coca-Cola Company (KO) | 1.0 | $4.7M | 115k | 41.29 | |
| E.I. du Pont de Nemours & Company | 1.0 | $4.7M | 73k | 64.93 | |
| BlackRock (BLK) | 1.0 | $4.7M | 15k | 316.24 | |
| Halliburton Company (HAL) | 1.0 | $4.5M | 89k | 50.74 | |
| Norfolk Southern (NSC) | 0.9 | $4.3M | 46k | 92.83 | |
| Honeywell International (HON) | 0.9 | $4.3M | 47k | 91.38 | |
| EMC Corporation | 0.9 | $4.3M | 171k | 25.15 | |
| State Street Corporation (STT) | 0.9 | $4.3M | 58k | 73.38 | |
| Boeing Company (BA) | 0.9 | $4.3M | 31k | 136.45 | |
| Philip Morris International (PM) | 0.9 | $4.3M | 49k | 87.01 | |
| United Technologies Corporation | 0.9 | $4.1M | 36k | 113.79 | |
| Cisco Systems (CSCO) | 0.9 | $4.1M | 182k | 22.42 | |
| Cardinal Health (CAH) | 0.9 | $4.0M | 60k | 66.81 | |
| Schlumberger (SLB) | 0.9 | $3.9M | 44k | 90.11 | |
| TJX Companies (TJX) | 0.9 | $3.9M | 61k | 63.72 | |
| Mondelez Int (MDLZ) | 0.9 | $3.9M | 111k | 35.29 | |
| U.S. Bancorp (USB) | 0.8 | $3.9M | 96k | 40.41 | |
| Wal-Mart Stores (WMT) | 0.8 | $3.9M | 49k | 78.62 | |
| Accenture (ACN) | 0.8 | $3.8M | 46k | 82.17 | |
| UnitedHealth (UNH) | 0.8 | $3.7M | 49k | 75.29 | |
| Vanguard Small-Cap ETF (VB) | 0.8 | $3.7M | 34k | 109.55 | |
| Abbott Laboratories (ABT) | 0.8 | $3.7M | 96k | 38.31 | |
| Qualcomm (QCOM) | 0.8 | $3.6M | 49k | 74.25 | |
| Apache Corporation | 0.8 | $3.6M | 42k | 85.92 | |
| Visa (V) | 0.8 | $3.6M | 16k | 222.65 | |
| Vanguard Europe Pacific ETF (VEA) | 0.8 | $3.6M | 87k | 41.24 | |
| Covidien | 0.8 | $3.6M | 52k | 68.10 | |
| Verizon Communications (VZ) | 0.8 | $3.5M | 72k | 49.10 | |
| Citigroup (C) | 0.8 | $3.5M | 68k | 52.09 | |
| National-Oilwell Var | 0.8 | $3.5M | 44k | 79.51 | |
| Praxair | 0.8 | $3.4M | 26k | 130.25 | |
| Monsanto Company | 0.7 | $3.4M | 29k | 116.56 | |
| At&t (T) | 0.7 | $3.3M | 94k | 35.12 | |
| Target Corporation (TGT) | 0.7 | $3.3M | 52k | 63.26 | |
| Danaher Corporation (DHR) | 0.7 | $3.3M | 43k | 77.18 | |
| Becton, Dickinson and (BDX) | 0.7 | $3.2M | 29k | 110.46 | |
| Cme (CME) | 0.6 | $2.9M | 37k | 78.47 | |
| Broadcom Corporation | 0.6 | $2.8M | 93k | 29.65 | |
| F5 Networks (FFIV) | 0.6 | $2.7M | 30k | 90.89 | |
| Suncor Energy (SU) | 0.6 | $2.7M | 78k | 35.04 | |
| iShares S&P MidCap 400 Index (IJH) | 0.6 | $2.7M | 20k | 131.18 | |
| Nordstrom (JWN) | 0.5 | $2.5M | 40k | 61.80 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.5 | $2.3M | 22k | 105.55 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.5 | $2.2M | 24k | 92.81 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.4 | $2.0M | 48k | 41.17 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.4 | $1.8M | 31k | 58.47 | |
| Vanguard Mid-Cap ETF (VO) | 0.4 | $1.8M | 16k | 109.85 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.4 | $1.7M | 15k | 109.92 | |
| First Advantage Ban (FABK) | 0.2 | $981k | 77k | 12.79 | |
| General Mills (GIS) | 0.2 | $907k | 18k | 49.86 | |
| iShares FTSE Developed Small Cap ex-Nor (IEUS) | 0.2 | $898k | 20k | 44.70 | |
| ConocoPhillips (COP) | 0.2 | $874k | 12k | 70.49 | |
| iShares S&P 500 Growth Index (IVW) | 0.2 | $866k | 9.3k | 93.61 | |
| SPDR S&P International Small Cap (GWX) | 0.2 | $854k | 25k | 33.57 | |
| Intel Corporation (INTC) | 0.2 | $827k | 32k | 25.88 | |
| iShares 2015 S&P AMT-Free Mun Ser ETF | 0.2 | $830k | 16k | 53.12 | |
| Merck & Co (MRK) | 0.2 | $757k | 15k | 50.13 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.2 | $785k | 6.7k | 116.80 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.2 | $728k | 7.9k | 91.61 | |
| Ecolab (ECL) | 0.1 | $688k | 6.6k | 104.24 | |
| Abb (ABBNY) | 0.1 | $670k | 25k | 26.43 | |
| Ishares Tr 2017 s^p amtfr | 0.1 | $702k | 13k | 55.22 | |
| Emerson Electric (EMR) | 0.1 | $621k | 8.8k | 70.22 | |
| Home Depot (HD) | 0.1 | $602k | 7.3k | 81.96 | |
| Medtronic | 0.1 | $611k | 11k | 57.40 | |
| Rbc Cad (RY) | 0.1 | $575k | 8.6k | 66.95 | |
| iShares Cohen & Steers Realty Maj. (ICF) | 0.1 | $599k | 7.8k | 77.02 | |
| W.W. Grainger (GWW) | 0.1 | $541k | 2.1k | 255.19 | |
| Altria (MO) | 0.1 | $479k | 13k | 38.38 | |
| Total (TTE) | 0.1 | $450k | 7.4k | 60.89 | |
| SIFCO Industries (SIF) | 0.1 | $432k | 15k | 28.09 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.1 | $435k | 4.3k | 101.85 | |
| iShares S&P 500 Value Index (IVE) | 0.1 | $413k | 5.1k | 80.23 | |
| Gilead Sciences (GILD) | 0.1 | $348k | 4.6k | 75.00 | |
| CF Industries Holdings (CF) | 0.1 | $367k | 1.6k | 233.02 | |
| International Business Machines (IBM) | 0.1 | $331k | 1.8k | 187.64 | |
| IntercontinentalEx.. | 0.1 | $303k | 1.3k | 225.28 | |
| Consolidated Edison (ED) | 0.1 | $293k | 5.3k | 55.06 | |
| Nucor Corporation (NUE) | 0.1 | $262k | 4.9k | 53.48 | |
| Colgate-Palmolive Company (CL) | 0.1 | $280k | 4.3k | 65.12 | |
| Nextera Energy (NEE) | 0.1 | $289k | 3.4k | 85.50 | |
| Southern Company (SO) | 0.1 | $256k | 6.2k | 41.06 | |
| Vanguard Total Stock Market ETF (VTI) | 0.1 | $251k | 2.7k | 92.76 | |
| Vanguard Emerging Markets ETF (VWO) | 0.1 | $274k | 7.5k | 36.61 | |
| Vanguard Total Bond Market ETF (BND) | 0.1 | $276k | 3.4k | 81.30 | |
| MDU Resources (MDU) | 0.1 | $243k | 8.0k | 30.57 | |
| Royal Dutch Shell | 0.1 | $237k | 3.4k | 70.73 | |
| St. Jude Medical | 0.1 | $229k | 3.7k | 61.89 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.0 | $204k | 1.9k | 106.19 | |
| Kinder Morgan (KMI) | 0.0 | $177k | 5.3k | 33.31 | |
| Spectra Energy Partners | 0.0 | $73k | 1.7k | 43.09 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $73k | 685.00 | 106.57 | |
| Pacira Pharmaceuticals (PCRX) | 0.0 | $95k | 1.5k | 65.20 | |
| Time Warner | 0.0 | $23k | 368.00 | 62.50 | |
| Novartis (NVS) | 0.0 | $24k | 305.00 | 78.69 | |
| NuStar Energy (NS) | 0.0 | $56k | 1.1k | 48.91 | |
| Oneok Partners | 0.0 | $23k | 444.00 | 51.80 | |
| Boardwalk Pipeline Partners | 0.0 | $46k | 1.9k | 24.73 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $29k | 680.00 | 42.65 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $31k | 5.7k | 5.45 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $34k | 463.00 | 73.43 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $56k | 555.00 | 100.90 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $25k | 560.00 | 44.64 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $24k | 542.00 | 44.28 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $32k | 1.0k | 32.00 | |
| Kraft Foods | 0.0 | $24k | 478.00 | 50.21 | |
| Ford Motor Company (F) | 0.0 | $6.0k | 400.00 | 15.00 | |
| Starbucks Corporation (SBUX) | 0.0 | $4.0k | 52.00 | 76.92 | |
| Spartan Motors | 0.0 | $4.0k | 742.00 | 5.39 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $8.0k | 100.00 | 80.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $8.0k | 102.00 | 78.43 | |
| iShares Russell Midcap Index Fund (IWR) | 0.0 | $3.0k | 24.00 | 125.00 | |
| iShares Russell 2000 Value Index (IWN) | 0.0 | $2.0k | 17.00 | 117.65 | |
| iShares Russell 2000 Growth Index (IWO) | 0.0 | $2.0k | 12.00 | 166.67 | |
| Vanguard FTSE All-World ex-US ETF (VEU) | 0.0 | $4.0k | 86.00 | 46.51 | |
| Adams Express Company (ADX) | 0.0 | $6.0k | 528.00 | 11.36 | |
| iShares MSCI BRIC Index Fund (BKF) | 0.0 | $3.0k | 100.00 | 30.00 | |
| John Hancock Patriot Premium Div Fund II (PDT) | 0.0 | $5.0k | 405.00 | 12.35 | |
| Covidien | 0.0 | $4.0k | 62.00 | 64.52 | |
| John Hancock Hdg Eq & Inc (HEQ) | 0.0 | $5.0k | 325.00 | 15.38 | |
| Duke Energy (DUK) | 0.0 | $12k | 168.00 | 71.43 | |
| Directv | 0.0 | $10k | 148.00 | 67.57 | |
| Abbvie (ABBV) | 0.0 | $19k | 394.00 | 48.22 |
