Mairs and Power's ALRS Position Overview
Mairs and Power (via Mairs & Power INC) currently holds 86.8K shares of Alerus Financial Corporation (ALRS) worth $1.92 M, representing 0.02% of the portfolio. First purchased in 2021-Q4, this medium-term investment has been held for 16 quarters.
Based on 13F filings, Mairs and Power has maintained a strategic position in ALRS, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2022, adding 83.2K shares. Largest reduction occurred in Q2 2024, reducing 26.3K shares.
Analysis based on 13F filings available since 2013 Q2
Mairs and Power's Alerus Financial Corporation (ALRS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Alerus Financial Corporation (ALRS) Trades by Mairs and Power
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2021 | +58,100 | New Buy | 58,100 | $29.28 |
| Q1 2022 | +83,196 | Add 143.19% | 141,296 | $27.64 |
| Q3 2022 | -97 | Reduce 0.07% | 141,199 | $22.10 |
| Q3 2023 | +120 | Add 0.08% | 141,319 | $18.18 |
| Q4 2023 | -17,025 | Reduce 12.05% | 124,294 | $22.39 |
| Q2 2024 | -26,330 | Reduce 21.18% | 97,964 | $19.61 |
| Q3 2024 | -235 | Reduce 0.24% | 97,729 | $22.88 |
| Q4 2024 | -55 | Reduce 0.06% | 97,674 | $19.24 |
| Q1 2025 | -10 | Reduce 0.01% | 97,664 | $18.46 |
| Q2 2025 | +203 | Add 0.21% | 97,867 | $21.64 |
| Q3 2025 | -11,044 | Reduce 11.28% | 86,823 | $22.14 |
Mairs and Power's Alerus Financial Corporation Investment FAQs
Mairs and Power first purchased Alerus Financial Corporation (ALRS) in Q4 2021, acquiring 58,100 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power has held Alerus Financial Corporation (ALRS) for 16 quarters since Q4 2021. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power's largest addition to Alerus Financial Corporation (ALRS) was in Q1 2022, adding 141,296 shares worth $3.9 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Mairs and Power's firm, Mairs & Power INC, owns 86,823 shares of Alerus Financial Corporation (ALRS), valued at approximately $1.92 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Alerus Financial Corporation (ALRS) represents approximately 0.02% of Mairs and Power's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power's peak holding in Alerus Financial Corporation (ALRS) was 141,319 shares, as reported at the end of Q3 2023. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.