Alerus Investment Advisors as of Dec. 31, 2015
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 176 positions in its portfolio as reported in the December 2015 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Vanguard S&p 500 Etf idx (VOO) | 11.1 | $66M | 355k | 186.93 | |
| iShares Lehman Aggregate Bond (AGG) | 10.9 | $65M | 603k | 108.01 | |
| iShares Russell 2000 Index (IWM) | 5.2 | $31M | 274k | 112.62 | |
| Apple Computer | 2.4 | $15M | 138k | 105.26 | |
| Vanguard REIT ETF (VNQ) | 2.4 | $14M | 177k | 79.73 | |
| Spdr S&p 500 Etf (SPY) | 2.3 | $14M | 67k | 205.19 | |
| Vanguard Mid-Cap ETF (VO) | 1.9 | $11M | 92k | 120.11 | |
| Alphabet Inc Class A | 1.8 | $11M | 14k | 777.97 | |
| iShares Russell Midcap Index Fund (IWR) | 1.7 | $10M | 63k | 160.17 | |
| Johnson & Johnson (JNJ) | 1.7 | $9.9M | 97k | 102.72 | |
| General Electric Company | 1.5 | $9.2M | 294k | 31.15 | |
| Microsoft Corporation (MSFT) | 1.5 | $9.0M | 163k | 55.48 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.5 | $8.9M | 26k | 338.34 | |
| Vanguard Scottsdale Fds cmn (VONE) | 1.5 | $8.9M | 96k | 93.63 | |
| Vanguard Intermediate Tm Cpte Bd ETF (VCIT) | 1.5 | $8.7M | 104k | 84.09 | |
| iShares Lehman 7-10 Yr Treas. Bond (IEF) | 1.4 | $8.7M | 83k | 105.59 | |
| Utilities SPDR (XLU) | 1.4 | $8.1M | 187k | 43.28 | |
| JPMorgan Chase & Co. (JPM) | 1.3 | $7.6M | 115k | 66.02 | |
| priceline.com Incorporated | 1.1 | $6.9M | 5.4k | 1275.03 | |
| BlackRock | 1.1 | $6.8M | 33k | 208.03 | |
| Medtronic (MDT) | 1.1 | $6.5M | 85k | 76.92 | |
| Berkshire Hath-cl B | 1.1 | $6.4M | 48k | 132.05 | |
| Comcast Corporation (CMCSA) | 1.1 | $6.3M | 112k | 56.43 | |
| Verizon Communications (VZ) | 1.1 | $6.3M | 136k | 46.22 | |
| Pepsi (PEP) | 1.0 | $6.1M | 61k | 99.92 | |
| Cognizant Technology Solutions (CTSH) | 1.0 | $5.9M | 98k | 60.03 | |
| Exxon Mobil Corporation (XOM) | 1.0 | $5.9M | 75k | 77.94 | |
| Honeywell International (HON) | 0.9 | $5.7M | 55k | 103.57 | |
| Pfizer (PFE) | 0.9 | $5.6M | 173k | 32.28 | |
| Philip Morris International (PM) | 0.9 | $5.4M | 61k | 87.90 | |
| Lowe's Companies (LOW) | 0.9 | $5.2M | 69k | 76.06 | |
| CVS Caremark Corporation (CVS) | 0.9 | $5.2M | 53k | 97.76 | |
| Wells Fargo & Company (WFC) | 0.8 | $5.1M | 94k | 54.35 | |
| Boeing | 0.8 | $5.0M | 34k | 144.59 | |
| At&t (T) | 0.8 | $4.9M | 142k | 34.41 | |
| Procter & Gamble Company (PG) | 0.8 | $4.8M | 61k | 79.40 | |
| Cisco Systems (CSCO) | 0.8 | $4.7M | 174k | 27.15 | |
| Express Scripts Holding | 0.8 | $4.6M | 52k | 87.40 | |
| BECTON DICKINSON & CO Com Stk | 0.8 | $4.5M | 35k | 128.65 | |
| Coca-Cola Company (KO) | 0.7 | $4.2M | 98k | 42.97 | |
| Walt Disney Company (DIS) | 0.7 | $4.2M | 40k | 104.32 | |
| Prudential Financial (PRU) | 0.7 | $4.2M | 52k | 81.42 | |
| Allergan | 0.7 | $4.2M | 13k | 312.52 | |
| Oracle Corporation (ORCL) | 0.7 | $4.2M | 114k | 36.53 | |
| Qualcomm (QCOM) | 0.7 | $4.1M | 81k | 49.99 | |
| IntercontinentalEx.. | 0.7 | $3.9M | 15k | 256.28 | |
| Visa (V) | 0.6 | $3.9M | 50k | 77.54 | |
| Eaton (ETN) | 0.6 | $3.8M | 74k | 52.04 | |
| Citigroup (C) | 0.6 | $3.7M | 72k | 51.76 | |
| EMC Corporation | 0.6 | $3.6M | 142k | 25.68 | |
| Accenture (ACN) | 0.6 | $3.6M | 34k | 104.49 | |
| Mylan Nv | 0.6 | $3.6M | 66k | 54.06 | |
| Cardinal Health (CAH) | 0.6 | $3.5M | 39k | 89.28 | |
| Danaher Corporation (DHR) | 0.6 | $3.5M | 37k | 92.91 | |
| Celgene Corporation | 0.6 | $3.4M | 29k | 119.77 | |
| McKesson Corporation (MCK) | 0.6 | $3.3M | 17k | 197.24 | |
| Zimmer Holdings (ZBH) | 0.6 | $3.3M | 32k | 102.57 | |
| Mondelez Int (MDLZ) | 0.6 | $3.3M | 74k | 44.83 | |
| UnitedHealth (UNH) | 0.5 | $3.3M | 28k | 117.66 | |
| American Express | 0.5 | $3.2M | 46k | 69.54 | |
| F5 Networks (FFIV) | 0.5 | $3.1M | 32k | 96.97 | |
| iShares S&P 500 Index (IVV) | 0.5 | $2.9M | 14k | 204.88 | |
| Starbucks Corporation (SBUX) | 0.5 | $2.9M | 48k | 60.02 | |
| MetLife (MET) | 0.5 | $2.9M | 60k | 48.22 | |
| iShares Dow Jones US Oil & Gas Exp. (IEO) | 0.5 | $2.9M | 54k | 52.96 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.5 | $2.8M | 42k | 66.76 | |
| Chevron Corporation (CVX) | 0.5 | $2.8M | 31k | 89.97 | |
| State Street Corporation (STT) | 0.5 | $2.7M | 40k | 66.38 | |
| U.S. Bancorp (USB) | 0.5 | $2.7M | 63k | 42.67 | |
| Monsanto Company | 0.5 | $2.7M | 27k | 98.50 | |
| Starwood Hotels & Resorts Worldwide | 0.4 | $2.6M | 38k | 69.29 | |
| Dick's Sporting Goods (DKS) | 0.4 | $2.6M | 74k | 35.36 | |
| Praxair | 0.4 | $2.5M | 24k | 102.41 | |
| Cme (CME) | 0.4 | $2.4M | 27k | 90.59 | |
| Nordstrom (JWN) | 0.4 | $2.4M | 49k | 49.82 | |
| Home Depot (HD) | 0.3 | $1.9M | 14k | 132.27 | |
| McDonald's Corporation (MCD) | 0.3 | $1.8M | 16k | 118.18 | |
| Nike (NKE) | 0.3 | $1.9M | 30k | 62.50 | |
| Twenty-first Century Fox | 0.3 | $1.8M | 68k | 27.17 | |
| Intel Corporation (INTC) | 0.3 | $1.8M | 51k | 34.46 | |
| Facebook Inc cl a (META) | 0.3 | $1.8M | 17k | 104.63 | |
| Halliburton Company (HAL) | 0.3 | $1.6M | 47k | 34.06 | |
| Schlumberger (SLB) | 0.3 | $1.6M | 24k | 69.71 | |
| Consolidated Edison (ED) | 0.3 | $1.6M | 24k | 64.30 | |
| General Mills (GIS) | 0.2 | $1.5M | 26k | 57.67 | |
| Merck & Co (MRK) | 0.2 | $1.5M | 28k | 52.82 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.2 | $1.5M | 14k | 104.61 | |
| Rbc Cad (RY) | 0.2 | $1.4M | 25k | 53.61 | |
| Vanguard Total Bond Market ETF (BND) | 0.2 | $1.4M | 17k | 80.74 | |
| Emerson Electric (EMR) | 0.2 | $1.3M | 28k | 47.85 | |
| Southern Company (SO) | 0.2 | $1.2M | 25k | 46.81 | |
| iShares Barclays 20+ Yr Treas.Bond (TLT) | 0.2 | $1.1M | 9.2k | 120.57 | |
| Duke Energy (DUK) | 0.2 | $1.1M | 16k | 71.37 | |
| United Parcel Service (UPS) | 0.2 | $1.0M | 10k | 96.23 | |
| iShares MSCI EAFE Index Fund (EFA) | 0.2 | $935k | 16k | 58.74 | |
| International Business Machines (IBM) | 0.1 | $912k | 6.6k | 137.58 | |
| Total (TTE) | 0.1 | $814k | 18k | 44.95 | |
| iShares S&P MidCap 400 Index (IJH) | 0.1 | $853k | 6.1k | 139.24 | |
| Kraft Heinz (KHC) | 0.1 | $864k | 12k | 72.70 | |
| Ecolab (ECL) | 0.1 | $755k | 6.6k | 114.39 | |
| iShares Dow Jones Select Dividend (DVY) | 0.1 | $764k | 10k | 75.20 | |
| Abbvie Inc 00 | 0.1 | $693k | 12k | 59.31 | |
| I Shares 2019 Etf | 0.1 | $716k | 28k | 25.64 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.1 | $663k | 6.7k | 98.81 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.1 | $640k | 5.3k | 121.51 | |
| Novartis (NVS) | 0.1 | $582k | 7.3k | 79.43 | |
| Vanguard Europe Pacific ETF (VEA) | 0.1 | $523k | 14k | 36.69 | |
| Gilead Sciences (GILD) | 0.1 | $470k | 4.6k | 101.29 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.1 | $488k | 4.3k | 113.97 | |
| W.W. Grainger (GWW) | 0.1 | $421k | 2.1k | 202.70 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.1 | $429k | 3.9k | 110.74 | |
| E.I. du Pont de Nemours & Company | 0.1 | $376k | 5.6k | 66.58 | |
| Nextera Energy (NEE) | 0.1 | $351k | 3.4k | 103.85 | |
| TJX Companies (TJX) | 0.1 | $367k | 5.2k | 70.92 | |
| Dbx Etf Tr ex us hdg eqty (DBAW) | 0.1 | $345k | 15k | 23.15 | |
| Ishares Tr hdg msci eafe (HEFA) | 0.1 | $349k | 14k | 25.38 | |
| Ishares Tr hdg msci germn (HEWG) | 0.1 | $356k | 15k | 24.38 | |
| Norfolk Southern (NSC) | 0.1 | $276k | 3.3k | 84.58 | |
| Colgate-Palmolive Company (CL) | 0.1 | $286k | 4.3k | 66.51 | |
| iShares S&P 500 Growth Index (IVW) | 0.1 | $282k | 2.4k | 115.86 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $278k | 3.5k | 80.49 | |
| Vanguard Emerging Markets ETF (VWO) | 0.1 | $301k | 9.2k | 32.66 | |
| Vanguard Small-Cap ETF (VB) | 0.1 | $317k | 2.9k | 110.80 | |
| Wisdomtree Tr intl hedge eqt (HEDJ) | 0.1 | $329k | 6.1k | 53.86 | |
| Ross Stores (ROST) | 0.0 | $239k | 4.4k | 53.73 | |
| Xcel Energy (XEL) | 0.0 | $210k | 5.8k | 35.96 | |
| iShares S&P 500 Value Index (IVE) | 0.0 | $223k | 2.5k | 88.35 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $251k | 2.8k | 89.74 | |
| Abbott Laboratories | 0.0 | $207k | 4.6k | 45.08 | |
| ISHARES TR MSCI Small Cap msci small cap (SCZ) | 0.0 | $156k | 3.1k | 50.05 | |
| iShares MSCI Emerging Markets Indx (EEM) | 0.0 | $129k | 4.0k | 32.15 | |
| Wal-Mart Stores (WMT) | 0.0 | $35k | 565.00 | 61.95 | |
| Energy Select Sector SPDR (XLE) | 0.0 | $43k | 710.00 | 60.56 | |
| NuStar Energy | 0.0 | $46k | 1.1k | 40.17 | |
| Spectra Energy Partners | 0.0 | $81k | 1.7k | 47.82 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $33k | 6.2k | 5.34 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $42k | 463.00 | 90.71 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $72k | 685.00 | 105.11 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $48k | 1.4k | 33.26 | |
| Bemis | 0.0 | $65k | 1.5k | 44.49 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $32k | 1.0k | 32.00 | |
| Kinder Morgan (KMI) | 0.0 | $79k | 5.3k | 14.87 | |
| Sce Trust I | 0.0 | $40k | 1.6k | 25.00 | |
| Aegon 8.00% Non-cum Sub Nt Aek P referred | 0.0 | $44k | 1.6k | 27.50 | |
| General Electric Capital preferre | 0.0 | $41k | 1.6k | 25.62 | |
| Aflac Inc 5.5% p | 0.0 | $57k | 2.2k | 25.62 | |
| Eix 5.1 (SCE.PG) | 0.0 | $76k | 3.2k | 24.05 | |
| B B & T | 0.0 | $42k | 1.6k | 26.25 | |
| Gen Elec Cap Corp Nt preferre | 0.0 | $62k | 2.4k | 25.57 | |
| Intercontinental Exchange (ICE) | 0.0 | $41k | 160.00 | 256.25 | |
| Psa 5 7/8 12/31/49 | 0.0 | $78k | 3.0k | 26.31 | |
| State Street | 0.0 | $79k | 3.0k | 26.73 | |
| Allstate E Pfd Perptl preferred | 0.0 | $78k | 2.8k | 27.81 | |
| Spartan Motors | 0.0 | $2.0k | 742.00 | 2.70 | |
| Oneok Partners | 0.0 | $13k | 444.00 | 29.28 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $11k | 100.00 | 110.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $7.0k | 71.00 | 98.59 | |
| Alcatel-lucent | 0.0 | $0 | 19.00 | 0.00 | |
| iShares S&P MidCap 400 Growth (IJK) | 0.0 | $0 | 3.00 | 0.00 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $28k | 785.00 | 35.67 | |
| Vanguard FTSE All-World ex-US ETF (VEU) | 0.0 | $6.0k | 136.00 | 44.12 | |
| iShares S&P SmallCap 600 Growth (IJT) | 0.0 | $0 | 4.00 | 0.00 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.0 | $9.0k | 86.00 | 104.65 | |
| SPDR Barclays Capital High Yield B | 0.0 | $10k | 294.00 | 34.01 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $21k | 658.00 | 31.91 | |
| 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 | $13k | 282.00 | 46.10 | |
| Abb Ltd- | 0.0 | $24k | 1.4k | 17.65 | |
| Ishares Tr 2017 s^p amtfr | 0.0 | $20k | 730.00 | 27.40 | |
| Pacira Pharmaceuticals (PCRX) | 0.0 | $22k | 292.00 | 75.34 | |
| Cbre Clarion Global Real Estat re (IGR) | 0.0 | $0 | 6.00 | 0.00 | |
| Adams Express | 0.0 | $7.0k | 564.00 | 12.41 | |
| 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 | |
| Bio-key International | 0.0 | $0 | 1.3k | 0.00 | |
| Birmingham Bloomfield Bancshares | 0.0 | $11k | 1.3k | 8.80 |
