ALRS β€” ALERUS FINL CORP

Ownership history in Black Maple Capital Management LP  Β·  6 quarters on record

AI Ownership Summary

Black Maple Capital Management LP reported ALERUS FINL CORP (ALRS) in 6 quarterly 13F filings from 2024 Q3 through 2025 Q4. Peak portfolio weight reached 0.39% in 2025 Q4. The latest visible filing shows ALRS at 0.39% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this ALRS ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Black Maple Capital Management LP's position in ALERUS FINL CORP, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

ALRS was reported at 0.39% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.39% in 2025 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q3 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

How Black Maple Capital Management LP held ALRS β€” position size vs. price
% of Fund (quarterly)    ALRS price (quarter-end, indexed to 100)
πŸ“‹ Quarterly Holdings History 6 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 ADDED 24,576 +13,624 +124.4% 0.39% $553K 2026-02-14 (Est.) $25.03
2025 Q3 REDUCED 10,952 -4,020 -26.9% 0.12% $242K 2025-11-14 $21.33
2025 Q2 ADDED 14,972 +2,137 +16.6% 0.15% $324K 2025-08-14 $21.41
2025 Q1 ADDED 12,835 +1,207 +10.4% 0.13% $237K 2025-05-15 $21.44
2024 Q4 REDUCED 11,628 -1,913 -14.1% 0.12% $224K 2025-02-14 $20.41
2024 Q3 INITIATED 13,541 β€” β€” 0.21% $310K 2024-11-14 $20.90

FAQ About Black Maple Capital Management LP and ALRS

These are the practical questions this page is built to answer before you even open the full history table.

How long has Black Maple Capital Management LP reported owning ALRS?

Black Maple Capital Management LP reported ALRS across 6 quarterly 13F filings, from 2024 Q3 through 2025 Q4.

What was the largest reported ALRS position in Black Maple Capital Management LP's portfolio?

The largest reported portfolio weight for ALRS was 0.39% in 2025 Q4.

What is the latest reported ALRS position on this page?

The most recent filing on this page is 2025 Q4, when Black Maple Capital Management LP reported 24,576 shares, equal to 0.39% of portfolio, with an estimated market value of $553K.

What does the chart on this ALRS ownership page compare?

The chart compares Black Maple Capital Management LP's quarterly ALRS portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

← Back to Black Maple Capital Management LP Holdings