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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 (2014Q3)
Original 13F HR (0001541895-14-000004) filed in 2014.11.12
#
Name
Shares
Value ($)
%
Options
Notes
1 ABB LTD 25,334 566 0.10%
2 ABBOTT LABS 98,648 4,101 0.71%
3 ACCENTURE PLC IRELAND 45,287 3,683 0.64%
4 ADAMS DIVERSIFIED EQUITY FD 528 8 0.00%
5 AMERICAN EXPRESS CO 40,454 3,541 0.61%
6 APACHE CORP 3,527 331 0.06%
7 APPLE INC 128,945 13,088 2.27%
8 AT&T INC 120,436 4,244 0.73%
9 Alcatel Lucent Adr 19 1 0.00%
10 BECTON DICKINSON & CO 27,060 3,080 0.53%
11 BERKSHIRE HATHAWAY INC DEL 30,403 4,208 0.73%
12 BLACKROCK INC 11,718 3,848 0.67%
13 BOEING CO 44,668 5,690 0.99%
14 BROADCOM CORP CL A 59 2 0.00%
15 CARDINAL HEALTH INC 7,780 583 0.10%
16 CELGENE CORP 36,083 3,421 0.59%
17 CF INDS HLDGS INC 1,575 440 0.08%
18 CHEVRON CORP NEW 34,796 4,151 0.72%
19 CISCO SYS INC 165,074 4,154 0.72%
20 CITIGROUPINC 57,036 2,956 0.51%
21 CME GROUP INC 40,679 3,256 0.56%
22 COCA COLA CO 102,424 4,368 0.76%
23 COGNIZANT TECHNOLOGY SOLUTIO 91,619 4,103 0.71%
24 COLGATE PALMOLIVE CO 4,300 280 0.05%
25 COMCAST CORP NEW 94,096 5,061 0.88%
26 CONOCOPHILLIPS 12,933 916 0.16%
27 CONSOLIDATED EDISON INC 13,322 759 0.13%
28 CVS HEALTH CORP 49,764 3,962 0.69%
29 DANAHER CORP DEL 39,225 2,980 0.52%
30 DICKS SPORTING GOODS INC 60,841 2,669 0.46%
31 DISNEY WALT CO 54,809 4,880 0.84%
32 DU PONT E I DE NEMOURS & CO 70,324 5,043 0.87%
33 DUKE ENERGY CORP NEW 8,713 654 0.11%
34 E M C CORP MASS COM 152,139 4,452 0.77%
35 EATON CORP PLC 52,647 3,340 0.58%
36 ECOLAB INC 6,600 758 0.13%
37 EMERSON ELEC CO 884 553 0.10%
38 EXPRESS SCRIPTS HLDG CO 103,927 7,342 1.27%
39 EXXON MOBIL CORP 72,267 6,797 1.18%
40 F5 NETWORKS INC 31,138 3,698 0.64%
41 GENERAL ELECTRIC CO 278,739 7,142 1.24%
42 GENERAL MLS INC 18,351 928 0.16%
43 GILEAD SCIENCES INC 4,648 495 0.09%
44 GOOGLE INC 5,370 3,100 0.54%
45 GRAINGER W W INC 2,120 533 0.09%
46 HALLIBURTON CO 72,694 4,687 0.81%
47 HOME DEPOT INC 13,130 1,208 0.21%
48 HONEYWELL INTL INC 40,727 3,793 0.66%
49 INTEL CORP 22,473 783 0.14%
50 INTERCONTINENTAL EXCHANGE IN 26,060 5,084 0.88%
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