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Institutional Investment Manager
Alerus Investment Advisors Corp
Alerus Investment Advisors Corp (CIK: 0001541895) incorporated in Iowa, located at 10900 Wayzata Blvd., Wayzata, MN. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Original 13F HR (0001541895-14-000003) filed in 2014.08.07
#
Name
Shares
Value ($)
%
Options
Notes
51 INVESTORS REAL 16,099 148 0.03%
52 ISHARES 12,727 704 0.12%
53 ISHARES COHEN & STEERS REIT ETF 8,076 705 0.12%
54 ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF 5,772 549 0.09%
55 ISHARES MSCI BIC ETF 100 4 0.00%
56 ISHARES MSCI EUROPE SMALL-CAP ETF 658 31 0.01%
57 ISHARES NASDAQ BIOTECHNOLOGY ETF 9,622 5,626 0.97%
58 ISHARES RUSSELL 2000 GROWTH ETF 12 2 0.00%
59 ISHARES RUSSELL 2000 VALUE ETF 17 2 0.00%
60 ISHARES TR 86 10 0.00%
61 ISHARES TR 4,294 109 0.02%
62 ISHARES TR 24 4 0.00%
63 ISHARES TR 564 59 0.01%
64 ISHARES TR 8,217 633 0.11%
65 ISHARES TR 539,117 58,979 10.17%
66 ISHARES TR 20,704 2,188 0.38%
67 ISHARES TR 1,921 209 0.04%
68 ISHARES TR 10,523 1,506 0.26%
69 ISHARES TR 2,658 317 0.05%
70 ISHARES TR 685 79 0.01%
71 ISHARES TR 50,734 3,469 0.60%
72 ISHARES TR 4,256 184 0.03%
73 ISHARES TR 31,190 8,016 1.38%
74 ISHARES TR 90 8 0.00%
75 ISHARES TR 292,463 34,748 5.99%
76 ISHARES TR 9,305 979 0.17%
77 ISHARES TR 14,839 2,923 0.50%
78 ISHARES TR 9,415 850 0.15%
79 ISHARES TR 6,290 705 0.12%
80 ISHARES TR CONSER ALLOC ETF 1,000 33 0.01%
81 Intrcontinentalexchang 27,877 5,266 0.91%
82 Ishares 2015 Amt-Free Muni Term Etf 14,006 743 0.13%
83 JOHN HANCOCK HDG EQ & INC FD 325 6 0.00%
84 JOHNSON & JOHNSON 86,851 9,086 1.57%
85 JPMORGAN CHASE & CO 132,703 7,646 1.32%
86 John Hancock Premium Dividend Fund 405 6 0.00%
87 KINDER MORGAN INC DEL 5,314 193 0.03%
88 KRAFT HEINZ CO COM 10,166 610 0.11%
89 LIBERTY ALL STAR EQUITY FD 5,788 35 0.01%
90 LOWES COS INC 70,778 3,397 0.59%
91 MCDONALDS CORP 14,597 1,471 0.25%
92 MDU RES GROUP INC 8,600 302 0.05%
93 MERCK & CO INC 16,136 933 0.16%
94 METLIFE INC 61,817 3,435 0.59%
95 MICROSOFT CORP 280,802 11,709 2.02%
96 MONDELEZ INTL INC 105,760 3,977 0.69%
97 MONSANTO CO NEW 26,532 3,309 0.57%
98 Medtronic Inc 10,702 682 0.12%
99 NATIONAL OILWELL VARCO INC 40,644 3,347 0.58%
100 NEXTERA ENERGY INC 3,415 350 0.06%
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