Alerus Investment Advisors as of March 31, 2014
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 160 positions in its portfolio as reported in the March 2014 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 6.1 | $28M | 152k | 187.01 | |
| St. Jude Medical | 6.1 | $28M | 152k | 187.01 | |
| Vanguard S&p 500 Etf idx (VOO) | 5.0 | $23M | 137k | 171.34 | |
| iShares Lehman Aggregate Bond (AGG) | 4.4 | $20M | 187k | 107.91 | |
| Apple (AAPL) | 2.6 | $12M | 22k | 536.90 | |
| Microsoft Corporation (MSFT) | 2.5 | $12M | 281k | 40.98 | |
| Johnson & Johnson (JNJ) | 1.9 | $8.6M | 38k | 228.39 | |
| Vanguard Scottsdale Fds cmn (VONE) | 1.8 | $8.1M | 94k | 86.49 | |
| JPMorgan Chase & Co. (JPM) | 1.7 | $8.1M | 133k | 60.68 | |
| General Electric Company | 1.6 | $7.3M | 281k | 25.89 | |
| 1.6 | $7.2M | 6.5k | 1112.85 | ||
| Express Scripts Holding | 1.5 | $7.0M | 96k | 72.72 | |
| iShares Russell 2000 Index (IWM) | 1.5 | $6.8M | 59k | 115.10 | |
| Chevron Corporation (CVX) | 1.3 | $6.1M | 51k | 118.94 | |
| Wells Fargo & Company (WFC) | 1.2 | $5.7M | 115k | 49.73 | |
| Cognizant Technology Solutions (CTSH) | 1.2 | $5.6M | 112k | 50.59 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.2 | $5.6M | 24k | 236.39 | |
| Exxon Mobil Corporation (XOM) | 1.2 | $5.6M | 57k | 97.69 | |
| Boeing Company (BA) | 1.2 | $5.5M | 44k | 125.27 | |
| Schlumberger (SLB) | 1.2 | $5.5M | 47k | 118.43 | |
| Oracle Corporation (ORCL) | 1.2 | $5.5M | 134k | 40.91 | |
| Procter & Gamble Company (PG) | 1.2 | $5.4M | 67k | 80.60 | |
| Intercontinental Exchange (ICE) | 1.2 | $5.4M | 27k | 197.80 | |
| Comcast Corporation (CMCSA) | 1.2 | $5.4M | 108k | 50.04 | |
| Utilities SPDR (XLU) | 1.1 | $5.2M | 125k | 41.47 | |
| McDonald's Corporation (MCD) | 1.1 | $5.1M | 52k | 98.05 | |
| Halliburton Company (HAL) | 1.0 | $4.8M | 81k | 58.90 | |
| Pfizer (PFE) | 1.0 | $4.7M | 148k | 32.10 | |
| Walt Disney Company (DIS) | 1.0 | $4.7M | 59k | 80.07 | |
| E.I. du Pont de Nemours & Company | 1.0 | $4.7M | 70k | 67.10 | |
| CVS Caremark Corporation (CVS) | 1.0 | $4.7M | 62k | 74.86 | |
| Pepsi (PEP) | 1.0 | $4.6M | 55k | 83.52 | |
| Norfolk Southern (NSC) | 0.9 | $4.3M | 45k | 97.17 | |
| EMC Corporation | 0.9 | $4.3M | 156k | 27.41 | |
| Philip Morris International (PM) | 0.9 | $4.1M | 50k | 81.89 | |
| Honeywell International (HON) | 0.9 | $4.1M | 44k | 92.76 | |
| BlackRock | 0.9 | $4.0M | 13k | 314.44 | |
| Coca-Cola Company (KO) | 0.9 | $4.0M | 104k | 38.67 | |
| Prudential Financial (PRU) | 0.9 | $4.0M | 48k | 84.64 | |
| United Technologies Corporation | 0.9 | $4.0M | 34k | 116.84 | |
| Starbucks Corporation (SBUX) | 0.8 | $3.9M | 53k | 73.37 | |
| Starwood Hotels & Resorts Worldwide | 0.8 | $3.8M | 48k | 79.59 | |
| Cisco Systems (CSCO) | 0.8 | $3.8M | 171k | 22.42 | |
| UnitedHealth (UNH) | 0.8 | $3.8M | 46k | 81.98 | |
| Vanguard REIT ETF (VNQ) | 0.8 | $3.8M | 54k | 70.64 | |
| Berkshire Hathaway (BRK.B) | 0.8 | $3.7M | 29k | 124.96 | |
| Wal-Mart Stores (WMT) | 0.8 | $3.6M | 47k | 76.44 | |
| Qualcomm (QCOM) | 0.8 | $3.6M | 46k | 78.86 | |
| Accenture (ACN) | 0.8 | $3.6M | 44k | 81.75 | |
| Covidien | 0.8 | $3.6M | 49k | 73.66 | |
| Mondelez Int (MDLZ) | 0.8 | $3.6M | 105k | 34.56 | |
| American Express Company (AXP) | 0.8 | $3.5M | 39k | 90.02 | |
| Vanguard Mid-Cap ETF (VO) | 0.8 | $3.5M | 31k | 113.54 | |
| Eaton (ETN) | 0.8 | $3.5M | 47k | 75.10 | |
| Abbott Laboratories (ABT) | 0.8 | $3.5M | 90k | 38.51 | |
| iShares MSCI EAFE Index Fund (EFA) | 0.8 | $3.5M | 51k | 67.72 | |
| MetLife (MET) | 0.7 | $3.3M | 62k | 52.79 | |
| Verizon Communications (VZ) | 0.7 | $3.3M | 69k | 47.58 | |
| Praxair | 0.7 | $3.2M | 25k | 130.97 | |
| At&t (T) | 0.7 | $3.2M | 92k | 35.07 | |
| National-Oilwell Var | 0.7 | $3.2M | 41k | 77.88 | |
| Lowe's Companies (LOW) | 0.7 | $3.2M | 65k | 48.89 | |
| Visa (V) | 0.7 | $3.2M | 15k | 215.88 | |
| Becton, Dickinson and (BDX) | 0.7 | $3.2M | 269k | 11.71 | |
| Celgene Corporation | 0.7 | $3.1M | 23k | 139.64 | |
| Monsanto Company | 0.7 | $3.0M | 27k | 113.77 | |
| Danaher Corporation (DHR) | 0.6 | $2.9M | 39k | 74.98 | |
| State Street Corporation (STT) | 0.6 | $2.9M | 42k | 69.55 | |
| F5 Networks (FFIV) | 0.6 | $2.8M | 27k | 106.63 | |
| iShares S&P 500 Index (IVV) | 0.6 | $2.8M | 15k | 187.98 | |
| Dick's Sporting Goods (DKS) | 0.6 | $2.7M | 50k | 54.60 | |
| Broadcom Corporation | 0.6 | $2.7M | 85k | 31.46 | |
| Cme (CME) | 0.6 | $2.6M | 35k | 73.99 | |
| Nike (NKE) | 0.6 | $2.6M | 35k | 73.84 | |
| Suncor Energy (SU) | 0.6 | $2.6M | 74k | 34.98 | |
| Nordstrom (JWN) | 0.6 | $2.5M | 41k | 62.45 | |
| U.S. Bancorp (USB) | 0.5 | $2.5M | 58k | 42.85 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.5 | $2.4M | 23k | 105.47 | |
| Citigroup (C) | 0.5 | $2.4M | 50k | 47.59 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.5 | $2.1M | 33k | 63.79 | |
| iShares S&P MidCap 400 Index (IJH) | 0.3 | $1.4M | 10k | 134.92 | |
| iShares S&P 500 Growth Index (IVW) | 0.2 | $1.1M | 11k | 99.55 | |
| Intel Corporation (INTC) | 0.2 | $887k | 34k | 25.84 | |
| Merck & Co (MRK) | 0.2 | $891k | 16k | 56.76 | |
| iShares S&P 500 Value Index (IVE) | 0.2 | $817k | 9.4k | 86.87 | |
| Rbc Cad (RY) | 0.2 | $780k | 12k | 66.01 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.2 | $784k | 7.9k | 98.65 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.2 | $793k | 6.7k | 117.99 | |
| iShares 2015 S&P AMT-Free Mun Ser ETF | 0.2 | $789k | 15k | 53.02 | |
| Ecolab (ECL) | 0.1 | $713k | 6.6k | 108.03 | |
| Total (TTE) | 0.1 | $707k | 11k | 65.77 | |
| Abb (ABBNY) | 0.1 | $714k | 28k | 25.76 | |
| iShares Cohen & Steers Realty Maj. (ICF) | 0.1 | $693k | 8.1k | 85.81 | |
| Ishares Tr 2017 s^p amtfr | 0.1 | $702k | 13k | 55.18 | |
| Cardinal Health (CAH) | 0.1 | $645k | 9.2k | 69.97 | |
| Medtronic | 0.1 | $655k | 11k | 61.53 | |
| General Mills (GIS) | 0.1 | $668k | 13k | 51.82 | |
| Home Depot (HD) | 0.1 | $581k | 7.4k | 78.98 | |
| Emerson Electric (EMR) | 0.1 | $591k | 8.8k | 66.82 | |
| ConocoPhillips (COP) | 0.1 | $603k | 8.6k | 70.44 | |
| Royal Dutch Shell | 0.1 | $598k | 8.2k | 73.19 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $602k | 8.2k | 73.26 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.1 | $607k | 5.8k | 105.16 | |
| Time Warner | 0.1 | $569k | 8.7k | 65.30 | |
| W.W. Grainger (GWW) | 0.1 | $536k | 2.1k | 252.83 | |
| Vanguard Europe Pacific ETF (VEA) | 0.1 | $552k | 13k | 41.90 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $538k | 5.7k | 93.97 | |
| Kraft Foods | 0.1 | $548k | 9.8k | 56.15 | |
| Novartis (NVS) | 0.1 | $498k | 5.9k | 85.03 | |
| CF Industries Holdings (CF) | 0.1 | $411k | 1.6k | 260.95 | |
| Southern Company (SO) | 0.1 | $369k | 8.4k | 43.95 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.1 | $384k | 3.2k | 118.45 | |
| Consolidated Edison (ED) | 0.1 | $320k | 5.9k | 53.81 | |
| International Business Machines (IBM) | 0.1 | $340k | 1.8k | 192.74 | |
| Nextera Energy (NEE) | 0.1 | $323k | 3.4k | 95.56 | |
| Gilead Sciences (GILD) | 0.1 | $329k | 4.6k | 70.91 | |
| TJX Companies (TJX) | 0.1 | $319k | 5.3k | 60.70 | |
| SIFCO Industries (SIF) | 0.1 | $339k | 11k | 30.52 | |
| Vanguard Emerging Markets ETF (VWO) | 0.1 | $308k | 7.5k | 41.15 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.1 | $300k | 7.2k | 41.59 | |
| Apache Corporation | 0.1 | $293k | 3.5k | 83.03 | |
| Colgate-Palmolive Company (CL) | 0.1 | $279k | 4.3k | 64.88 | |
| Vanguard Small-Cap ETF (VB) | 0.1 | $266k | 2.4k | 108.97 | |
| Mdu Res Goup | 0.1 | $273k | 8.0k | 34.34 | |
| Nucor Corporation (NUE) | 0.1 | $248k | 4.9k | 50.62 | |
| Duke Energy (DUK) | 0.1 | $248k | 3.5k | 71.24 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.0 | $208k | 1.9k | 108.28 | |
| Kinder Morgan (KMI) | 0.0 | $173k | 5.3k | 32.56 | |
| Spectra Energy Partners | 0.0 | $94k | 1.7k | 55.49 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $77k | 685.00 | 112.41 | |
| Pacira Pharmaceuticals (PCRX) | 0.0 | $108k | 1.5k | 74.12 | |
| I Shares 2019 Etf | 0.0 | $108k | 4.3k | 25.15 | |
| NuStar Energy | 0.0 | $65k | 1.1k | 56.77 | |
| Oneok Partners | 0.0 | $25k | 444.00 | 56.31 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $32k | 680.00 | 47.06 | |
| Vanguard Total Bond Market ETF (BND) | 0.0 | $59k | 720.00 | 81.94 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $33k | 5.8k | 5.70 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $38k | 463.00 | 82.07 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $59k | 564.00 | 104.61 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $28k | 560.00 | 50.00 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $25k | 542.00 | 46.13 | |
| iShares FTSE Developed Small Cap ex-Nor (IEUS) | 0.0 | $27k | 573.00 | 47.12 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $32k | 1.0k | 32.00 | |
| Spartan Motors | 0.0 | $4.0k | 742.00 | 5.39 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $9.0k | 100.00 | 90.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $8.0k | 90.00 | 88.89 | |
| iShares Russell Midcap Index Fund (IWR) | 0.0 | $4.0k | 24.00 | 166.67 | |
| 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 Total Stock Market ETF (VTI) | 0.0 | $13k | 139.00 | 93.53 | |
| Vanguard FTSE All-World ex-US ETF (VEU) | 0.0 | $7.0k | 136.00 | 51.47 | |
| Adams Express Company (ADX) | 0.0 | $7.0k | 528.00 | 13.26 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.0 | $10k | 86.00 | 116.28 | |
| iShares MSCI BRIC Index Fund (BKF) | 0.0 | $4.0k | 100.00 | 40.00 | |
| SPDR Barclays Capital High Yield B | 0.0 | $12k | 293.00 | 40.96 | |
| John Hancock Patriot Premium Div Fund II (PDT) | 0.0 | $5.0k | 405.00 | 12.35 | |
| John Hancock Hdg Eq & Inc (HEQ) | 0.0 | $6.0k | 325.00 | 18.46 | |
| Directv | 0.0 | $12k | 148.00 | 81.08 | |
| Abbvie (ABBV) | 0.0 | $20k | 394.00 | 50.76 | |
| Google Inc Class C | 0.0 | $9.0k | 18.00 | 500.00 |
