Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ALERUS FINL CORP (ALRS)

138 + Investors. Track Smart Money conviction in ALRS. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +8
Streak
11Q ▲
Buyers last Q
68%

Smart Money Signals — ALRS

Based on 138 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added ALRS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
138 hedge funds hold ALRS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +28% more funds vs a year ago

fund count last 6Q
+30 new funds entered over the past year (+28% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 68% buying

86 buying40 selling
Last quarter: 86 funds were net buyers (17 opened a brand new position + 69 added to an existing one). Only 40 were sellers (31 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 25 → 17 → 17. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

47% of holders stayed for 2+ years

47% conviction (2yr+) 28% medium 25% new
65 out of 138 hedge funds have held ALRS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

24 → 17 → 25 → 17 → 17 new funds/Q
New funds entering each quarter: 17 → 25 → 17 → 17. ALRS is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 54% of holders stayed 2+ years

54% veterans 12% 1-2yr 34% new
Of 138 current holders: 74 (54%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
29 of 138 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: ALRS

How many hedge funds hold ALRS — quarterly history vs. share price
Quarterly hedge fund ownership of ALRS vs. share price

Market Analysis: ALRS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ALRS

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

27 top-rated funds 0 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: ALRS
2026 Q1 Stats Unlock in 21 days 138 + Investors

Track Smart Money conviction in ALRS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 138 130 6.15%
13F Shares 15M 15M 4.41%
Total Value $346M $326M 6.14%
New Positions 17 17 -
Increased Positions 69 57 +12
Closed Positions 9 11 -2
Reduced Positions 31 34 -3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ALRS

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

138 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ALRS. Verified SEC 13F-HR filings.

Top 22 institutional holders of ALRS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 M3F, Inc. 2.45% 417,108 $10K
2 Sippican Capital Advisors 1.84% 113,141 $2.7M
3 GRACE & WHITE INC /NY 0.96% 228,108 $5.4M
4 Johnson Wealth Management, LLC 0.32% 28,186 $668K
5 Lafayette Investments, Inc. 0.11% 21,900 $519K
6 First PREMIER Bank 0.09% 17,036
7 Inspire Investing, LLC 0.04% 21,677 $514K
8 Hanson & Doremus Investment Management 0.03% 9,844
9 THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% 1,470 $35K
10 BAYBAN 0.00% 125 $3K
11 Police & Firemen's Retirement System of New Jersey 0.00% 6,759 $160K
12 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% 13,746 $328K
13 True Wealth Design, LLC 0.00% 64 $2K
14 Sterling Capital Management LLC 0.00% 783 $19K
15 GAMMA Investing LLC 0.00% 317 $8K
16 State of Alaska, Department of Revenue 0.00% 1,025
17 IFP Advisors, Inc 0.00% 329 $8K
18 Capital Advisors, Ltd. LLC 0.00% 24
19 Root Financial Partners, LLC 0.00% 34
20 Farther Finance Advisors, LLC 0.00% 114 $3K
21 SJS Investment Consulting Inc. 0.00% 7
22 SBI Securities Co., Ltd. 0.00% 12
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ALERUS FINL CORP (ALRS)

What does the Smart Money Trend signal show for ALRS?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added ALRS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ALRS?

More buyers than sellers — 68% buying: Last quarter: 86 funds were net buyers (17 opened a brand new position + 69 added to an existing one). Only 40 were sellers (31 trimmed + 9 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ALRS holders?

Strong quality — 39% AUM from major funds: 29 of 138 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ALRS?

47% of holders stayed for 2+ years: 65 out of 138 hedge funds have held ALRS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.