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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 ISHARES TR 539,117 58,979 10.17%
2 VANGUARD INDEX FDS 418,521 75,095 12.96%
3 ISHARES TR 292,463 34,748 5.99%
4 GENERAL ELECTRIC CO 281,726 7,403 1.28%
5 MICROSOFT CORP 280,802 11,709 2.02%
6 CISCO SYS INC 167,232 4,156 0.72%
7 E M C CORP MASS COM 156,992 4,135 0.71%
8 SPDR S&P 500 ETF TR 152,825 29,911 5.16%
9 APPLE INC 152,292 14,153 2.44%
10 PFIZER INC 149,382 4,434 0.76%
11 JPMORGAN CHASE & CO 132,703 7,646 1.32%
12 VANGUARD INDEX FDS 129,582 15,378 2.65%
13 SELECT SECTOR SPDR TR 123,016 5,445 0.94%
14 ORACLE CORP 115,798 4,693 0.81%
15 COMCAST CORP NEW 106,672 5,726 0.99%
16 MONDELEZ INTL INC 105,760 3,977 0.69%
17 AT&T INC 104,746 3,704 0.64%
18 COCA COLA CO 103,976 4,405 0.76%
19 WELLS FARGO & CO NEW 101,113 5,315 0.92%
20 COGNIZANT TECHNOLOGY SOLUTIO 97,376 4,763 0.82%
21 EXPRESS SCRIPTS HLDG CO 94,339 6,540 1.13%
22 VANGUARD SCOTTSDALE FDS 94,036 8,508 1.47%
23 ABBOTT LABS 93,460 3,823 0.66%
24 JOHNSON & JOHNSON 86,851 9,086 1.57%
25 HALLIBURTON CO 79,117 5,618 0.97%
26 VERIZON COMMUNICATIONS INC 77,996 3,816 0.66%
27 SUNCOR ENERGY INC NEW 74,020 3,155 0.54%
28 EXXON MOBIL CORP 73,353 7,385 1.27%
29 LOWES COS INC 70,778 3,397 0.59%
30 DU PONT E I DE NEMOURS & CO 70,365 4,605 0.79%
31 PROCTER AND GAMBLE CO 67,176 5,279 0.91%
32 DICKS SPORTING GOODS INC 62,545 2,912 0.50%
33 METLIFE INC 61,817 3,435 0.59%
34 STARBUCKS CORP 61,510 4,760 0.82%
35 US BANCORP DEL 59,563 2,580 0.45%
36 SCHLUMBERGER LTD 55,126 6,503 1.12%
37 PEPSICO INC 54,579 4,876 0.84%
38 VANGUARD INDEX FDS 53,780 4,024 0.69%
39 CVS HEALTH CORP 51,876 3,910 0.67%
40 DISNEY WALT CO 51,582 4,423 0.76%
41 PHILIP MORRIS INTL INC 50,912 4,292 0.74%
42 CHEVRON CORP NEW 50,809 6,633 1.14%
43 ISHARES TR 50,734 3,469 0.60%
44 CITIGROUPINC 50,025 2,356 0.41%
45 CME GROUP INC 49,454 3,508 0.61%
46 STARWOOD HOTELS & RESORTS WORLDWIDE INC COM 48,587 3,927 0.68%
47 EATON CORP PLC 48,348 3,731 0.64%
48 PRUDENTIAL FINL INC 47,933 4,255 0.73%
49 WAL-MART STORES INC 47,440 3,561 0.61%
50 QUALCOMM INC 46,939 3,717 0.64%
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