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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
1 ABB LTD 29,040 668 0.12%
2 ABBOTT LABS 93,460 3,823 0.66%
3 ABBVIE INC 394 22 0.00%
4 ACCENTURE PLC IRELAND 40,836 3,302 0.57%
5 ADAMS DIVERSIFIED EQUITY FD 528 7 0.00%
6 AMERICAN EXPRESS CO 39,488 3,747 0.65%
7 APACHE CORP 3,549 357 0.06%
8 APPLE INC 152,292 14,153 2.44%
9 AT&T INC 104,746 3,704 0.64%
10 BECTON DICKINSON & CO 27,202 3,218 0.56%
11 BERKSHIRE HATHAWAY INC DEL 29,628 3,749 0.65%
12 BLACKROCK INC 12,659 4,046 0.70%
13 BOEING CO 43,095 5,483 0.95%
14 BROADCOM CORP CL A 55 2 0.00%
15 CARDINAL HEALTH INC 9,456 648 0.11%
16 CELGENE CORP 21,742 1,867 0.32%
17 CF INDS HLDGS INC 1,575 379 0.07%
18 CHEVRON CORP NEW 50,809 6,633 1.14%
19 CISCO SYS INC 167,232 4,156 0.72%
20 CITIGROUPINC 50,025 2,356 0.41%
21 CME GROUP INC 49,454 3,508 0.61%
22 COCA COLA CO 103,976 4,405 0.76%
23 COGNIZANT TECHNOLOGY SOLUTIO 97,376 4,763 0.82%
24 COLGATE PALMOLIVE CO 4,344 296 0.05%
25 COMCAST CORP NEW 106,672 5,726 0.99%
26 CONOCOPHILLIPS 8,967 769 0.13%
27 CONSOLIDATED EDISON INC 6,271 362 0.06%
28 CVS HEALTH CORP 51,876 3,910 0.67%
29 DANAHER CORP DEL 39,523 3,112 0.54%
30 DICKS SPORTING GOODS INC 62,545 2,912 0.50%
31 DISNEY WALT CO 51,582 4,423 0.76%
32 DU PONT E I DE NEMOURS & CO 70,365 4,605 0.79%
33 DUKE ENERGY CORP NEW 3,607 267 0.05%
34 E M C CORP MASS COM 156,992 4,135 0.71%
35 EATON CORP PLC 48,348 3,731 0.64%
36 ECOLAB INC 6,600 735 0.13%
37 EMERSON ELEC CO 8,888 590 0.10%
38 EXPRESS SCRIPTS HLDG CO 94,339 6,540 1.13%
39 EXXON MOBIL CORP 73,353 7,385 1.27%
40 F5 NETWORKS INC 32,964 3,673 0.63%
41 GENERAL ELECTRIC CO 281,726 7,403 1.28%
42 GENERAL MLS INC 13,426 705 0.12%
43 GILEAD SCIENCES INC 4,665 387 0.07%
44 GOOGLE INC 6,560 3,773 0.65%
45 GRAINGER W W INC 2,128 541 0.09%
46 HALLIBURTON CO 79,117 5,618 0.97%
47 HOME DEPOT INC 12,282 995 0.17%
48 HONEYWELL INTL INC 43,732 4,065 0.70%
49 INTEL CORP 35,400 1,094 0.19%
50 INTERNATIONAL BUSINESS MACHS 1,783 323 0.06%
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