Alerus Investment Advisors as of Sept. 30, 2014
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 152 positions in its portfolio as reported in the September 2014 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Vanguard S&p 500 Etf idx (VOO) | 13.0 | $75M | 415k | 180.69 | |
| iShares Lehman Aggregate Bond (AGG) | 10.4 | $60M | 548k | 109.11 | |
| iShares Russell 2000 Index (IWM) | 5.6 | $32M | 294k | 109.62 | |
| Spdr S&p 500 Etf (SPY) | 5.2 | $30M | 153k | 197.03 | |
| Vanguard Mid-Cap ETF (VO) | 2.6 | $15M | 128k | 117.32 | |
| Apple (AAPL) | 2.3 | $13M | 129k | 101.50 | |
| Microsoft Corporation (MSFT) | 2.2 | $13M | 272k | 46.37 | |
| Vanguard Scottsdale Fds cmn (VONE) | 1.5 | $8.6M | 95k | 90.84 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.4 | $8.0M | 29k | 273.68 | |
| Johnson & Johnson (JNJ) | 1.4 | $7.8M | 73k | 106.61 | |
| Express Scripts Holding | 1.3 | $7.3M | 104k | 70.65 | |
| General Electric Company | 1.2 | $7.1M | 279k | 25.62 | |
| JPMorgan Chase & Co. (JPM) | 1.2 | $6.9M | 114k | 60.24 | |
| Exxon Mobil Corporation (XOM) | 1.2 | $6.8M | 72k | 94.05 | |
| priceline.com Incorporated | 1.1 | $6.6M | 5.7k | 1158.25 | |
| 1.0 | $5.8M | 9.8k | 588.31 | ||
| Boeing Company (BA) | 1.0 | $5.7M | 45k | 127.38 | |
| Medtronic | 1.0 | $5.6M | 90k | 61.96 | |
| Norfolk Southern (NSC) | 0.9 | $5.4M | 49k | 111.60 | |
| Schlumberger (SLB) | 0.9 | $5.3M | 53k | 101.67 | |
| Vanguard REIT ETF (VNQ) | 0.9 | $5.3M | 74k | 71.90 | |
| Oracle Corporation (ORCL) | 0.9 | $5.3M | 138k | 38.28 | |
| Utilities SPDR (XLU) | 0.9 | $5.2M | 125k | 42.10 | |
| Wells Fargo & Company (WFC) | 0.9 | $5.2M | 101k | 51.88 | |
| Procter & Gamble Company (PG) | 0.9 | $5.2M | 62k | 83.77 | |
| Comcast Corporation (CMCSA) | 0.9 | $5.1M | 94k | 53.79 | |
| Intercontinental Exchange (ICE) | 0.9 | $5.1M | 26k | 195.09 | |
| E.I. du Pont de Nemours & Company | 0.9 | $5.0M | 70k | 71.71 | |
| Walt Disney Company (DIS) | 0.8 | $4.9M | 55k | 89.04 | |
| iShares Dow Jones US Oil & Gas Exp. (IEO) | 0.8 | $4.8M | 56k | 86.91 | |
| Pfizer (PFE) | 0.8 | $4.8M | 163k | 29.58 | |
| Qualcomm (QCOM) | 0.8 | $4.8M | 64k | 74.78 | |
| Pepsi (PEP) | 0.8 | $4.8M | 51k | 93.13 | |
| Halliburton Company (HAL) | 0.8 | $4.7M | 73k | 64.48 | |
| Visa (V) | 0.8 | $4.7M | 22k | 213.46 | |
| Philip Morris International (PM) | 0.8 | $4.6M | 55k | 83.47 | |
| Verizon Communications (VZ) | 0.8 | $4.5M | 91k | 50.00 | |
| EMC Corporation | 0.8 | $4.5M | 152k | 29.26 | |
| Starwood Hotels & Resorts Worldwide | 0.8 | $4.4M | 53k | 83.19 | |
| Coca-Cola Company (KO) | 0.8 | $4.4M | 102k | 42.65 | |
| Starbucks Corporation (SBUX) | 0.8 | $4.3M | 58k | 75.46 | |
| Berkshire Hathaway (BRK.B) | 0.7 | $4.2M | 30k | 138.41 | |
| At&t (T) | 0.7 | $4.2M | 120k | 35.24 | |
| Chevron Corporation (CVX) | 0.7 | $4.2M | 35k | 119.30 | |
| Cisco Systems (CSCO) | 0.7 | $4.2M | 165k | 25.16 | |
| Prudential Financial (PRU) | 0.7 | $4.2M | 47k | 87.94 | |
| Cognizant Technology Solutions (CTSH) | 0.7 | $4.1M | 92k | 44.78 | |
| Abbott Laboratories (ABT) | 0.7 | $4.1M | 99k | 41.57 | |
| CVS Caremark Corporation (CVS) | 0.7 | $4.0M | 50k | 79.62 | |
| Mondelez Int (MDLZ) | 0.7 | $4.0M | 116k | 34.27 | |
| BlackRock (BLK) | 0.7 | $3.8M | 12k | 328.38 | |
| Honeywell International (HON) | 0.7 | $3.8M | 41k | 93.13 | |
| Accenture (ACN) | 0.6 | $3.7M | 45k | 81.33 | |
| F5 Networks (FFIV) | 0.6 | $3.7M | 31k | 118.76 | |
| American Express Company (AXP) | 0.6 | $3.5M | 41k | 87.53 | |
| Nike (NKE) | 0.6 | $3.5M | 40k | 89.21 | |
| UnitedHealth (UNH) | 0.6 | $3.5M | 41k | 86.27 | |
| Praxair | 0.6 | $3.4M | 26k | 128.94 | |
| Celgene Corporation | 0.6 | $3.4M | 36k | 94.81 | |
| United Technologies Corporation | 0.6 | $3.3M | 32k | 105.61 | |
| Eaton (ETN) | 0.6 | $3.3M | 53k | 63.44 | |
| Lowe's Companies (LOW) | 0.6 | $3.3M | 63k | 52.93 | |
| Cme (CME) | 0.6 | $3.3M | 41k | 80.04 | |
| MetLife (MET) | 0.6 | $3.2M | 59k | 53.71 | |
| Google Inc Class C | 0.5 | $3.1M | 5.4k | 577.28 | |
| U.S. Bancorp (USB) | 0.5 | $3.0M | 73k | 41.83 | |
| Monsanto Company | 0.5 | $3.1M | 27k | 112.49 | |
| National-Oilwell Var | 0.5 | $3.1M | 40k | 76.07 | |
| Becton, Dickinson and (BDX) | 0.5 | $3.1M | 27k | 113.82 | |
| State Street Corporation (STT) | 0.5 | $3.0M | 41k | 73.62 | |
| Danaher Corporation (DHR) | 0.5 | $3.0M | 39k | 75.97 | |
| Citigroup (C) | 0.5 | $3.0M | 57k | 51.83 | |
| iShares S&P 500 Index (IVV) | 0.5 | $2.9M | 14k | 202.42 | |
| Nordstrom (JWN) | 0.5 | $2.8M | 41k | 68.36 | |
| Dick's Sporting Goods (DKS) | 0.5 | $2.7M | 61k | 43.87 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.5 | $2.7M | 39k | 68.08 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.4 | $2.3M | 22k | 105.29 | |
| McDonald's Corporation (MCD) | 0.2 | $1.4M | 15k | 94.78 | |
| Home Depot (HD) | 0.2 | $1.2M | 13k | 92.00 | |
| iShares MSCI EAFE Index Fund (EFA) | 0.2 | $1.1M | 17k | 63.03 | |
| iShares S&P MidCap 400 Index (IJH) | 0.2 | $970k | 6.9k | 141.30 | |
| ConocoPhillips (COP) | 0.2 | $916k | 13k | 70.83 | |
| General Mills (GIS) | 0.2 | $928k | 18k | 50.57 | |
| Total (TTE) | 0.1 | $839k | 13k | 64.08 | |
| Rbc Cad (RY) | 0.1 | $844k | 12k | 71.37 | |
| Intel Corporation (INTC) | 0.1 | $783k | 23k | 34.84 | |
| Merck & Co (MRK) | 0.1 | $821k | 14k | 59.29 | |
| Royal Dutch Shell | 0.1 | $814k | 11k | 75.85 | |
| Kraft Foods | 0.1 | $822k | 15k | 56.38 | |
| Ecolab (ECL) | 0.1 | $758k | 6.6k | 114.85 | |
| Consolidated Edison (ED) | 0.1 | $759k | 13k | 56.97 | |
| International Business Machines (IBM) | 0.1 | $774k | 4.1k | 188.73 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.1 | $685k | 5.5k | 124.05 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.1 | $630k | 6.1k | 104.10 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $608k | 8.2k | 73.88 | |
| iShares 2015 S&P AMT-Free Mun Ser ETF | 0.1 | $660k | 13k | 52.67 | |
| Duke Energy (DUK) | 0.1 | $654k | 8.7k | 75.06 | |
| Cardinal Health (CAH) | 0.1 | $583k | 7.8k | 74.94 | |
| Emerson Electric (EMR) | 0.1 | $553k | 884.00 | 625.57 | |
| Abb (ABBNY) | 0.1 | $566k | 25k | 22.34 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $573k | 6.2k | 92.05 | |
| W.W. Grainger (GWW) | 0.1 | $533k | 2.1k | 251.42 | |
| Gilead Sciences (GILD) | 0.1 | $495k | 4.6k | 106.50 | |
| Southern Company (SO) | 0.1 | $525k | 12k | 43.79 | |
| Vanguard Europe Pacific ETF (VEA) | 0.1 | $528k | 14k | 39.11 | |
| CF Industries Holdings (CF) | 0.1 | $440k | 1.6k | 279.37 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.1 | $469k | 3.9k | 118.91 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.1 | $424k | 3.9k | 109.45 | |
| Apache Corporation | 0.1 | $331k | 3.5k | 93.85 | |
| SIFCO Industries (SIF) | 0.1 | $334k | 11k | 30.07 | |
| Vanguard Emerging Markets ETF (VWO) | 0.1 | $336k | 7.9k | 42.42 | |
| Nucor Corporation (NUE) | 0.1 | $266k | 4.9k | 54.30 | |
| Novartis (NVS) | 0.1 | $285k | 3.0k | 94.06 | |
| Colgate-Palmolive Company (CL) | 0.1 | $280k | 4.3k | 65.12 | |
| Nextera Energy (NEE) | 0.1 | $317k | 3.4k | 93.79 | |
| TJX Companies (TJX) | 0.1 | $308k | 5.2k | 59.25 | |
| iShares S&P 500 Growth Index (IVW) | 0.1 | $267k | 2.4k | 109.70 | |
| Vanguard Small-Cap ETF (VB) | 0.1 | $287k | 2.5k | 114.94 | |
| I Shares 2019 Etf | 0.1 | $296k | 12k | 25.47 | |
| MDU Resources (MDU) | 0.0 | $239k | 8.6k | 27.79 | |
| iShares S&P 500 Value Index (IVE) | 0.0 | $203k | 2.2k | 91.44 | |
| Ishares Tr 2017 s^p amtfr | 0.0 | $234k | 4.2k | 55.25 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $179k | 4.3k | 41.94 | |
| Kinder Morgan (KMI) | 0.0 | $199k | 5.3k | 37.45 | |
| Spectra Energy Partners | 0.0 | $92k | 1.7k | 54.31 | |
| Pacira Pharmaceuticals (PCRX) | 0.0 | $131k | 1.5k | 89.91 | |
| Wal-Mart Stores (WMT) | 0.0 | $44k | 565.00 | 77.88 | |
| NuStar Energy (NS) | 0.0 | $69k | 1.1k | 60.26 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $36k | 785.00 | 45.86 | |
| Vanguard Total Bond Market ETF (BND) | 0.0 | $58k | 704.00 | 82.39 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $34k | 5.8k | 5.87 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $41k | 463.00 | 88.55 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $78k | 685.00 | 113.87 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $55k | 564.00 | 97.52 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $31k | 658.00 | 47.11 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $45k | 1.0k | 44.69 | |
| iShares FTSE Developed Small Cap ex-Nor (IEUS) | 0.0 | $32k | 769.00 | 41.61 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $33k | 1.0k | 33.00 | |
| Broadcom Corporation | 0.0 | $2.0k | 59.00 | 33.90 | |
| Spartan Motors | 0.0 | $4.0k | 742.00 | 5.39 | |
| Oneok Partners | 0.0 | $22k | 444.00 | 49.55 | |
| Alcatel-Lucent | 0.0 | $999.970000 | 19.00 | 52.63 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $10k | 100.00 | 100.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $8.0k | 87.00 | 91.95 | |
| iShares Russell Midcap Index Fund (IWR) | 0.0 | $4.0k | 24.00 | 166.67 | |
| Vanguard Total Stock Market ETF (VTI) | 0.0 | $13k | 121.00 | 107.44 | |
| Vanguard FTSE All-World ex-US ETF (VEU) | 0.0 | $7.0k | 136.00 | 51.47 | |
| Adams Express Company (ADX) | 0.0 | $8.0k | 528.00 | 15.15 | |
| 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 | |
| John Hancock Patriot Premium Div Fund II (PDT) | 0.0 | $6.0k | 405.00 | 14.81 | |
| John Hancock Hdg Eq & Inc (HEQ) | 0.0 | $6.0k | 325.00 | 18.46 |
