Alerus Investment Advisors as of March 31, 2015
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 157 positions in its portfolio as reported in the March 2015 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Vanguard S&p 500 Etf idx (VOO) | 12.8 | $77M | 408k | 189.20 | |
| iShares Lehman Aggregate Bond (AGG) | 10.5 | $63M | 567k | 111.43 | |
| iShares Russell 2000 Index (IWM) | 6.0 | $36M | 292k | 124.37 | |
| Spdr S&p 500 Etf (SPY) | 3.5 | $21M | 103k | 205.68 | |
| Apple (AAPL) | 2.6 | $16M | 126k | 124.18 | |
| Vanguard Mid-Cap ETF (VO) | 2.1 | $13M | 98k | 132.70 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.9 | $11M | 33k | 342.69 | |
| Microsoft Corporation (MSFT) | 1.9 | $11M | 274k | 40.66 | |
| 1.7 | $10M | 18k | 553.37 | ||
| Vanguard Scottsdale Fds cmn (VONE) | 1.5 | $9.0M | 94k | 95.75 | |
| Johnson & Johnson (JNJ) | 1.5 | $8.8M | 88k | 100.40 | |
| Utilities SPDR (XLU) | 1.4 | $8.5M | 192k | 44.31 | |
| priceline.com Incorporated | 1.3 | $7.7M | 6.6k | 1164.18 | |
| Cognizant Technology Solutions (CTSH) | 1.2 | $7.2M | 116k | 62.26 | |
| JPMorgan Chase & Co. (JPM) | 1.2 | $7.2M | 119k | 60.45 | |
| Starbucks Corporation (SBUX) | 1.2 | $7.2M | 76k | 94.49 | |
| General Electric Company | 1.2 | $7.2M | 289k | 24.77 | |
| Vanguard REIT ETF (VNQ) | 1.1 | $6.8M | 81k | 84.08 | |
| Express Scripts Holding | 1.1 | $6.8M | 78k | 86.57 | |
| Medtronic (MDT) | 1.1 | $6.6M | 85k | 77.99 | |
| Comcast Corporation (CMCSA) | 1.1 | $6.4M | 113k | 56.31 | |
| Procter & Gamble Company (PG) | 1.0 | $6.2M | 76k | 81.79 | |
| Berkshire Hathaway (BRK.B) | 1.0 | $6.0M | 42k | 144.06 | |
| Exxon Mobil Corporation (XOM) | 1.0 | $6.0M | 70k | 84.79 | |
| Oracle Corporation (ORCL) | 0.9 | $5.7M | 132k | 43.07 | |
| Pfizer (PFE) | 0.9 | $5.5M | 159k | 34.72 | |
| Wells Fargo & Company (WFC) | 0.9 | $5.6M | 102k | 54.31 | |
| Verizon Communications (VZ) | 0.9 | $5.5M | 114k | 48.54 | |
| Boeing Company (BA) | 0.9 | $5.4M | 36k | 149.70 | |
| Eaton (ETN) | 0.9 | $5.3M | 79k | 67.80 | |
| Pepsi (PEP) | 0.9 | $5.2M | 55k | 95.43 | |
| Honeywell International (HON) | 0.9 | $5.2M | 50k | 104.14 | |
| E.I. du Pont de Nemours & Company | 0.8 | $5.0M | 71k | 71.36 | |
| Walt Disney Company (DIS) | 0.8 | $5.0M | 47k | 104.78 | |
| Norfolk Southern (NSC) | 0.8 | $4.9M | 48k | 102.69 | |
| Cisco Systems (CSCO) | 0.8 | $4.9M | 178k | 27.42 | |
| CVS Caremark Corporation (CVS) | 0.8 | $4.8M | 47k | 102.98 | |
| Mondelez Int (MDLZ) | 0.8 | $4.8M | 135k | 36.00 | |
| Halliburton Company (HAL) | 0.8 | $4.7M | 108k | 43.79 | |
| Abbott Laboratories (ABT) | 0.8 | $4.7M | 101k | 46.23 | |
| Accenture (ACN) | 0.7 | $4.5M | 48k | 93.47 | |
| Philip Morris International (PM) | 0.7 | $4.4M | 58k | 75.14 | |
| F5 Networks (FFIV) | 0.7 | $4.4M | 38k | 114.68 | |
| BlackRock | 0.7 | $4.3M | 12k | 365.29 | |
| At&t (T) | 0.7 | $4.2M | 129k | 32.58 | |
| EMC Corporation | 0.7 | $4.2M | 166k | 25.50 | |
| Coca-Cola Company (KO) | 0.7 | $4.2M | 103k | 40.46 | |
| Prudential Financial (PRU) | 0.7 | $3.9M | 49k | 80.14 | |
| IntercontinentalEx.. | 0.7 | $4.0M | 17k | 233.25 | |
| American Express Company (AXP) | 0.6 | $3.9M | 50k | 77.92 | |
| Chevron Corporation (CVX) | 0.6 | $3.8M | 36k | 104.80 | |
| United Technologies Corporation | 0.6 | $3.8M | 32k | 116.97 | |
| Visa (V) | 0.6 | $3.6M | 55k | 65.27 | |
| Schlumberger (SLB) | 0.6 | $3.5M | 42k | 83.23 | |
| Dick's Sporting Goods (DKS) | 0.6 | $3.4M | 60k | 56.87 | |
| Danaher Corporation (DHR) | 0.6 | $3.3M | 40k | 84.72 | |
| UnitedHealth (UNH) | 0.6 | $3.3M | 28k | 118.01 | |
| Praxair | 0.5 | $3.2M | 27k | 120.47 | |
| Starwood Hotels & Resorts Worldwide | 0.5 | $3.2M | 39k | 83.33 | |
| iShares Russell Midcap Index Fund (IWR) | 0.5 | $3.2M | 18k | 173.10 | |
| U.S. Bancorp (USB) | 0.5 | $3.1M | 71k | 43.57 | |
| MetLife (MET) | 0.5 | $3.1M | 61k | 50.43 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.5 | $3.1M | 45k | 68.31 | |
| Citigroup (C) | 0.5 | $3.1M | 60k | 51.35 | |
| State Street Corporation (STT) | 0.5 | $3.0M | 41k | 73.35 | |
| Google Inc Class C | 0.5 | $3.0M | 5.4k | 546.82 | |
| iShares S&P 500 Index (IVV) | 0.5 | $2.9M | 14k | 207.80 | |
| Cme (CME) | 0.5 | $2.8M | 30k | 94.41 | |
| Becton, Dickinson and (BDX) | 0.5 | $2.8M | 20k | 142.97 | |
| iShares Dow Jones US Oil & Gas Exp. (IEO) | 0.4 | $2.3M | 32k | 73.07 | |
| Qualcomm (QCOM) | 0.4 | $2.3M | 33k | 68.97 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.4 | $2.2M | 21k | 105.55 | |
| Celgene Corporation | 0.4 | $2.1M | 19k | 114.79 | |
| Energy Select Sector SPDR (XLE) | 0.3 | $1.8M | 24k | 77.60 | |
| Monsanto Company | 0.3 | $1.8M | 16k | 112.01 | |
| McDonald's Corporation (MCD) | 0.3 | $1.7M | 17k | 97.46 | |
| Nordstrom (JWN) | 0.3 | $1.7M | 21k | 79.89 | |
| Lowe's Companies (LOW) | 0.3 | $1.7M | 23k | 74.10 | |
| Nike (NKE) | 0.3 | $1.6M | 17k | 99.91 | |
| Home Depot (HD) | 0.3 | $1.6M | 14k | 113.59 | |
| Emerson Electric (EMR) | 0.2 | $1.2M | 22k | 55.15 | |
| General Mills (GIS) | 0.2 | $1.2M | 22k | 56.60 | |
| Consolidated Edison (ED) | 0.2 | $1.2M | 19k | 60.98 | |
| iShares MSCI EAFE Index Fund (EFA) | 0.2 | $1.2M | 18k | 64.17 | |
| Rbc Cad (RY) | 0.2 | $1.1M | 18k | 60.37 | |
| Intel Corporation (INTC) | 0.2 | $1.0M | 34k | 31.13 | |
| Merck & Co (MRK) | 0.2 | $1.0M | 18k | 57.52 | |
| Royal Dutch Shell | 0.2 | $1.0M | 17k | 59.62 | |
| Total (TTE) | 0.2 | $1.0M | 21k | 49.67 | |
| iShares S&P MidCap 400 Index (IJH) | 0.2 | $1.0M | 6.8k | 151.99 | |
| Kraft Foods | 0.2 | $954k | 11k | 90.33 | |
| ConocoPhillips (COP) | 0.1 | $876k | 14k | 62.23 | |
| Duke Energy (DUK) | 0.1 | $912k | 12k | 76.85 | |
| Southern Company (SO) | 0.1 | $814k | 18k | 44.23 | |
| Ecolab (ECL) | 0.1 | $755k | 6.6k | 114.39 | |
| International Business Machines (IBM) | 0.1 | $721k | 4.5k | 160.57 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.1 | $732k | 6.7k | 109.38 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $738k | 9.5k | 77.89 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.1 | $720k | 5.5k | 131.77 | |
| Cardinal Health (CAH) | 0.1 | $668k | 7.4k | 90.25 | |
| iShares 2015 S&P AMT-Free Mun Ser ETF | 0.1 | $651k | 12k | 52.49 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $601k | 6.6k | 90.63 | |
| United Parcel Service (UPS) | 0.1 | $544k | 5.9k | 92.52 | |
| Vanguard Europe Pacific ETF (VEA) | 0.1 | $525k | 13k | 39.82 | |
| W.W. Grainger (GWW) | 0.1 | $490k | 2.1k | 235.92 | |
| Gilead Sciences (GILD) | 0.1 | $455k | 4.6k | 98.06 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.1 | $480k | 3.9k | 121.70 | |
| CF Industries Holdings (CF) | 0.1 | $447k | 1.6k | 283.81 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.1 | $428k | 3.9k | 110.48 | |
| Novartis (NVS) | 0.1 | $379k | 3.8k | 98.75 | |
| Nextera Energy (NEE) | 0.1 | $352k | 3.4k | 104.14 | |
| TJX Companies (TJX) | 0.1 | $363k | 5.2k | 70.14 | |
| Vanguard Emerging Markets ETF (VWO) | 0.1 | $378k | 9.3k | 40.86 | |
| Colgate-Palmolive Company (CL) | 0.1 | $298k | 4.3k | 69.30 | |
| iShares S&P 500 Growth Index (IVW) | 0.1 | $277k | 2.4k | 113.80 | |
| Vanguard Small-Cap ETF (VB) | 0.1 | $308k | 2.5k | 122.51 | |
| I Shares 2019 Etf | 0.1 | $309k | 12k | 25.56 | |
| Nucor Corporation (NUE) | 0.0 | $233k | 4.9k | 47.56 | |
| Ross Stores (ROST) | 0.0 | $234k | 2.2k | 105.22 | |
| SIFCO Industries (SIF) | 0.0 | $231k | 11k | 21.79 | |
| Ishares Tr 2017 s^p amtfr | 0.0 | $232k | 4.2k | 55.21 | |
| Kinder Morgan (KMI) | 0.0 | $224k | 5.3k | 42.15 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $186k | 4.6k | 40.16 | |
| iShares S&P 500 Value Index (IVE) | 0.0 | $205k | 2.2k | 92.34 | |
| Wal-Mart Stores (WMT) | 0.0 | $46k | 565.00 | 81.42 | |
| Bemis Company | 0.0 | $71k | 1.5k | 46.59 | |
| NuStar Energy | 0.0 | $70k | 1.1k | 61.14 | |
| Spectra Energy Partners | 0.0 | $88k | 1.7k | 51.95 | |
| Abb (ABBNY) | 0.0 | $60k | 2.8k | 21.11 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $35k | 785.00 | 44.59 | |
| Vanguard Total Bond Market ETF (BND) | 0.0 | $59k | 704.00 | 83.81 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $34k | 5.9k | 5.78 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $44k | 463.00 | 95.03 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $77k | 685.00 | 112.41 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $33k | 362.00 | 91.16 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $40k | 1.0k | 39.72 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $33k | 1.0k | 33.00 | |
| Pacira Pharmaceuticals (PCRX) | 0.0 | $52k | 582.00 | 89.35 | |
| Intercontinental Exchange (ICE) | 0.0 | $31k | 159.00 | 194.97 | |
| State Street | 0.0 | $60k | 2.4k | 25.53 | |
| Broadcom Corporation | 0.0 | $3.0k | 59.00 | 50.85 | |
| Spartan Motors | 0.0 | $4.0k | 742.00 | 5.39 | |
| Oneok Partners | 0.0 | $18k | 444.00 | 40.54 | |
| Alcatel-Lucent | 0.0 | $0 | 19.00 | 0.00 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $11k | 100.00 | 110.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $9.0k | 87.00 | 103.45 | |
| 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 | 564.00 | 14.18 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.0 | $10k | 86.00 | 116.28 | |
| ISHARES TR MSCI Small Cap msci small cap (SCZ) | 0.0 | $9.0k | 174.00 | 51.72 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $28k | 658.00 | 42.55 | |
| 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 | $25k | 573.00 | 43.63 | |
| John Hancock Hdg Eq & Inc (HEQ) | 0.0 | $5.0k | 325.00 | 15.38 | |
| Ishares 2020 Amt-free Muni Bond Etf | 0.0 | $6.0k | 234.00 | 25.64 | |
| Birmingham Bloomfield Bancshares | 0.0 | $11k | 1.3k | 8.80 |
