0001541895-14-000003.txt : 20140807
0001541895-14-000003.hdr.sgml : 20140807
20140807122046
ACCESSION NUMBER: 0001541895-14-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140630
FILED AS OF DATE: 20140807
DATE AS OF CHANGE: 20140807
EFFECTIVENESS DATE: 20140807
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Alerus Investment Advisors Corp
CENTRAL INDEX KEY: 0001541895
IRS NUMBER: 421378382
STATE OF INCORPORATION: IA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-14784
FILM NUMBER: 141022663
BUSINESS ADDRESS:
STREET 1: 10900 WAYZATA BLVD.
STREET 2: SUITE 120
CITY: WAYZATA
STATE: MN
ZIP: 55305
BUSINESS PHONE: 952-417-3835
MAIL ADDRESS:
STREET 1: 10900 WAYZATA BLVD.
STREET 2: SUITE 120
CITY: WAYZATA
STATE: MN
ZIP: 55305
13F-HR
1
primary_doc.xml
13F-HR
LIVE
false
true
false
0001541895
XXXXXXXX
06-30-2014
06-30-2014
Alerus Investment Advisors Corp
10900 WAYZATA BLVD.
SUITE 120
WAYZATA
MN
55305
13F HOLDINGS REPORT
028-14784
N
Bryan Grimm
Chief Compliance Officer
952-417-3835
Bryan Grimm
Minnetonka
MN
08-07-2014
0
162
579659
false
INFORMATION TABLE
2
alerus13f080714.xml
ALERUS13F080714
ABB LTD
SPONSORED ADR
000375204
668
29040
SH
SOLE
None
29040
0
0
AT&T INC
COM
00206R102
3704
104746
SH
SOLE
None
104746
0
0
ABBOTT LABORATORIES
COM
002824100
3823
93460
SH
SOLE
None
93460
0
0
ABBVIE INC COM
COM
00287Y109
22
394
SH
SOLE
None
394
0
0
ADAMS EXPRESS CO
CEF
006212104
7
528
SH
SOLE
None
528
0
0
AMERICAN EXPRESS CO
COM
025816109
3747
39488
SH
SOLE
None
39488
0
0
APACHE INC
COM
037411105
357
3549
SH
SOLE
None
3549
0
0
APPLE COMPUTER
COM
037833100
14153
152292
SH
SOLE
None
152292
0
0
BECTON DICKINSON & COMPANY
COM
075887109
3218
27202
SH
SOLE
None
27202
0
0
BERKSHIRE HATHAWAY
CALL B NEW
084670702
3749
29628
SH
SOLE
None
29628
0
0
BLACKROCK INC
COM
09247X101
4046
12659
SH
SOLE
None
12659
0
0
BOEING
COM
097023105
5483
43095
SH
SOLE
None
43095
0
0
BROADCOM CORP CL A
COM
111320107
2
55
SH
SOLE
None
55
0
0
CF INDUSTRIES HOLDINGS INC
COM
125269100
379
1575
SH
SOLE
None
1575
0
0
CME GROUP
COM
12572Q105
3508
49454
SH
SOLE
None
49454
0
0
CVS CORP
COM
126650100
3910
51876
SH
SOLE
None
51876
0
0
CARDINAL HEALTH INC
COM
14149Y108
648
9456
SH
SOLE
None
9456
0
0
CELGENE CORP
COM
151020104
1867
21742
SH
SOLE
None
21742
0
0
CHEVRON TEXACO
COM
166764100
6633
50809
SH
SOLE
None
50809
0
0
CISCO SYSTEMS
COM
17275R102
4156
167232
SH
SOLE
None
167232
0
0
CITIGROUP INC
COM
172967424
2356
50025
SH
SOLE
None
50025
0
0
COCA COLA COMPANY
COM
191216100
4405
103976
SH
SOLE
None
103976
0
0
COGNIZANT TECH SOLUTIONS
COM
192446102
4763
97376
SH
SOLE
None
97376
0
0
COLGATE-PALMOLIVE COMP
COM
194162103
296
4344
SH
SOLE
None
4344
0
0
COMCAST CORP
COM
20030N101
5726
106672
SH
SOLE
None
106672
0
0
CONOCO PHILLIPS
COM
20825C104
769
8967
SH
SOLE
None
8967
0
0
CONSOLIDATED EDISON INC
COM
209115104
362
6271
SH
SOLE
None
6271
0
0
DANAHER CORPORATION
COM
235851102
3112
39523
SH
SOLE
None
39523
0
0
DICK'S SPORTING GOODS
COM
253393102
2912
62545
SH
SOLE
None
62545
0
0
DISNEY
COM
254687106
4423
51582
SH
SOLE
None
51582
0
0
DUPONT E I DENEMOURS
COM
263534109
4605
70365
SH
SOLE
None
70365
0
0
DUKE ENERGY CORPORATION
COM
26441C204
267
3607
SH
SOLE
None
3607
0
0
EMC INC
COM
268648102
4135
156992
SH
SOLE
None
156992
0
0
ECOLAB INC
COM
278865100
735
6600
SH
SOLE
None
6600
0
0
EMERSON ELECTIC CO
COM
291011104
590
8888
SH
SOLE
None
8888
0
0
EXPRESS SCRIPTS HLDG CO
COM
30219G108
6540
94339
SH
SOLE
None
94339
0
0
EXXON MOBIL CORP
COM
30231G102
7385
73353
SH
SOLE
None
73353
0
0
F5 NETWORKS INC
COM
315616102
3673
32964
SH
SOLE
None
32964
0
0
GENERAL ELECTRIC COMPANY
COM
369604103
7403
281726
SH
SOLE
None
281726
0
0
GENERAL MILLS INC
COM
370334104
705
13426
SH
SOLE
None
13426
0
0
GILEAD SCI INC
COM
375558103
387
4665
SH
SOLE
None
4665
0
0
GOOGLE INC A
COM
38259P508
5626
9622
SH
SOLE
None
9622
0
0
GOOGLE INC C
COM
38259P706
3773
6560
SH
SOLE
None
6560
0
0
GRAINGER WW INC
COM
384802104
541
2128
SH
SOLE
None
2128
0
0
HALLIBURTON CO
COM
406216101
5618
79117
SH
SOLE
None
79117
0
0
HOME DEPOT INC
COM
437076102
995
12282
SH
SOLE
None
12282
0
0
HONEYWELL INTL INC
COM
438516106
4065
43732
SH
SOLE
None
43732
0
0
INTEL INC
COM
458140100
1094
35400
SH
SOLE
None
35400
0
0
INTERCONTINENTAL EXCHANGE
COM
45865V100
5266
27877
SH
SOLE
None
27877
0
0
IBM
COM
459200101
323
1783
SH
SOLE
None
1783
0
0
INVESTORS REAL ESTATE TR
SH BEN INT
461730103
148
16099
SH
SOLE
None
16099
0
0
ISHARES 1-3 YR CREDIT BOND ETF
ETF
464288646
2188
20704
SH
SOLE
None
20704
0
0
ISHARES 2015 ETF S&P AMT FREE MUNICIPAL
ETF
464289339
743
14006
SH
SOLE
None
14006
0
0
ISHARES 2017 ETF S&P AMT FREE MUNICIPAL
ETF
464289271
704
12727
SH
SOLE
None
12727
0
0
ISHARES AMT-FREE MUNI BOND ETF
ETF
464288414
209
1921
SH
SOLE
None
1921
0
0
ISHARES COHEN & STEERS RLTY
ETF
464287564
705
8076
SH
SOLE
None
8076
0
0
ISHARES CORE S&P MID CAP ETF
ETF
464287507
1506
10523
SH
SOLE
None
10523
0
0
ISHARES FTSE DEV SM CAP EX
ETF
464288497
31
658
SH
SOLE
None
658
0
0
ISHARES IBOXX CORPORATE BOND ETF
ETF
464287242
317
2658
SH
SOLE
None
2658
0
0
ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF
ETF
464288513
549
5772
SH
SOLE
None
5772
0
0
ISHARES JP MORGAN USD EMERGING MARKETS BOND ETF
ETF
464288281
79
685
SH
SOLE
None
685
0
0
ISHARES MSCI BRIC INDEX FUND
ETF
464286657
4
100
SH
SOLE
None
100
0
0
ISHARES MSCI EAFE ETF
ETF
464287465
3469
50734
SH
SOLE
None
50734
0
0
ISHARES MSCI EMERGING MARKETS ETF
ETF
464287234
184
4256
SH
SOLE
None
4256
0
0
ISHARES NASDAQ BIOTECHNOLOGY
ETF
464287556
8016
31190
SH
SOLE
None
31190
0
0
ISHARES RUSSELL 1000 GROWTH ETF
ETF
464287614
8
90
SH
SOLE
None
90
0
0
ISHARES RUSSELL 2000 ETF
ETF
464287655
34748
292463
SH
SOLE
None
292463
0
0
ISHARES RUSSELL 2000 GROWTH INDEX
ETF
464287648
2
12
SH
SOLE
None
12
0
0
ISHARES RUSSELL 2000 VALUE
ETF
464287630
2
17
SH
SOLE
None
17
0
0
ISHARES S&P 500 GROWTH ETF
ETF
464287309
979
9305
SH
SOLE
None
9305
0
0
ISHARES S&P 500 INDEX
ETF
464287200
2923
14839
SH
SOLE
None
14839
0
0
ISHARES S&P 500 VALUE ETF
ETF
464287408
850
9415
SH
SOLE
None
9415
0
0
ISHARES S&P SMALLCAP 600 ETF
ETF
464287804
705
6290
SH
SOLE
None
6290
0
0
ISHARES TIPS BOND ETF
ETF
464287176
10
86
SH
SOLE
None
86
0
0
ISHARES TR ISHARES 2019 AMT-FREE MUNI TERM ETF
ETF
46429B564
109
4294
SH
SOLE
None
4294
0
0
ISHARES TR RUSSELL MIDCAP INDEX FD
ETF
464287499
4
24
SH
SOLE
None
24
0
0
ISHARES TR S&P CONSERVATIVE ALLOCATION FD
ETF
464289883
33
1000
SH
SOLE
None
1000
0
0
ISHARES TR S&P/CITIGROUP INTL TREASURY BD ETF
ETF
464288117
59
564
SH
SOLE
None
564
0
0
ISHARES TRUST
DJ SEL DIV INX
464287168
633
8217
SH
SOLE
None
8217
0
0
ISHARES TRUST
CORE TOTUSBD ETF
464287226
58979
539117
SH
SOLE
None
539117
0
0
JOHN HANCOCK HEDGED FD
CEF
47804L102
6
325
SH
SOLE
None
325
0
0
JOHN HANCOCK PATRIOT PREMIUM DIV FND II
CEF
41013T105
6
405
SH
SOLE
None
405
0
0
JP MORGAN CHASE & CO
COM
46625H100
7646
132703
SH
SOLE
None
132703
0
0
JOHNSON AND JOHNSON
COM
478160104
9086
86851
SH
SOLE
None
86851
0
0
KINDER MORGAN INC
COM
49456B101
193
5314
SH
SOLE
None
5314
0
0
KRAFT FOODS GROUP INC
COM
50076Q106
610
10166
SH
SOLE
None
10166
0
0
LIBERTY ALL STAR EQUITY FD
CEF
530158104
35
5788
SH
SOLE
None
5788
0
0
LOWES COMPANIES INC
COM
548661107
3397
70778
SH
SOLE
None
70778
0
0
MDU RES GROUP INC
COM
552690109
302
8600
SH
SOLE
None
8600
0
0
MCDONALDS CORP
COM
580135101
1471
14597
SH
SOLE
None
14597
0
0
MEDTRONIC INC
COM
585055106
682
10702
SH
SOLE
None
10702
0
0
MERCK & CO INC
COM
58933Y105
933
16136
SH
SOLE
None
16136
0
0
METLIFE INC
COM
59156R108
3435
61817
SH
SOLE
None
61817
0
0
MICROSOFT INC
COM
594918104
11709
280802
SH
SOLE
None
280802
0
0
MONDELEZ INTL INC
CL A
609207105
3977
105760
SH
SOLE
None
105760
0
0
MONSANTO COMPANY
COM
61166W101
3309
26532
SH
SOLE
None
26532
0
0
NATIONAL OILWELL VARCO
COM
637071101
3347
40644
SH
SOLE
None
40644
0
0
NEXTERA ENERGY INC
COM
65339F101
350
3415
SH
SOLE
None
3415
0
0
NIKE INC
COM
654106103
2703
34854
SH
SOLE
None
34854
0
0
NORDSTROM INC
COM
655664100
2766
40722
SH
SOLE
None
40722
0
0
NORFOLK SOUTHERN CORP
COM
655844108
4711
45726
SH
SOLE
None
45726
0
0
NOVARTIS AG
COM
66987V109
435
4810
SH
SOLE
None
4810
0
0
NUCOR CO
COM
670346105
241
4899
SH
SOLE
None
4899
0
0
NUSTAR ENERGY LP UNIT
MLP
67058H102
71
1145
SH
SOLE
None
1145
0
0
ONEOK PARTNERS LP
MLP
68268N103
26
444
SH
SOLE
None
444
0
0
ORACLE SYSTEMS INC
COM
68389X105
4693
115798
SH
SOLE
None
115798
0
0
PACIRA PHARMACEUTICALS COM
COM
695127100
134
1457
SH
SOLE
None
1457
0
0
PEPSICO INC
COM
713448108
4876
54579
SH
SOLE
None
54579
0
0
PFIZER INC
COM
717081103
4434
149382
SH
SOLE
None
149382
0
0
PHILIP MORRIS
COM
718172109
4292
50912
SH
SOLE
None
50912
0
0
POWERSHARES QQQ TR
ETF
73935A104
9
100
SH
SOLE
None
100
0
0
PRAXAIR INC
COM
74005P104
3282
24707
SH
SOLE
None
24707
0
0
PRICELINE COM INC
COM
741503403
3780
3142
SH
SOLE
None
3142
0
0
PROCTER AND GAMBLE COMPANY
COM
742718109
5279
67176
SH
SOLE
None
67176
0
0
PRUDENTIAL FINANCIAL INC
COM
744320102
4255
47933
SH
SOLE
None
47933
0
0
QUALCOMM INC
COM
747525103
3717
46939
SH
SOLE
None
46939
0
0
ROYAL BANK CANADA
COM
780087102
753
10540
SH
SOLE
None
10540
0
0
ROYAL DUTCH SHELL PLC ADR
COM
780259206
703
8543
SH
SOLE
None
8543
0
0
SPDR S & P 500 ETF TR
TR UNIT
78462F103
29911
152825
SH
SOLE
None
152825
0
0
SPDR DJ WILSHIRE REIT
ETF
78464A607
38
463
SH
SOLE
None
463
0
0
SPDR HIGH YIELD BOND
ETF
78464A417
12
293
SH
SOLE
None
293
0
0
ST JUDE MEDICAL INC
COM
790849103
256
3700
SH
SOLE
None
3700
0
0
SCHLUMBERGER LTD
COM
806857108
6503
55126
SH
SOLE
None
55126
0
0
SELECT SECTOR SPDR TR
SBI INT-UTIL
81369Y886
5445
123016
SH
SOLE
None
123016
0
0
SIFCO INDUSTRIES
COM
826546103
347
11109
SH
SOLE
None
11109
0
0
SOUTHERN COMPANY
COM
842587107
390
8603
SH
SOLE
None
8603
0
0
SPARTAN MOTORS INC
COM
846819100
3
742
SH
SOLE
None
742
0
0
SPECTRA ENERGY PARTNERS LP
MLP
84756N109
90
1694
SH
SOLE
None
1694
0
0
STARBUCKS CORP
COM
855244109
4760
61510
SH
SOLE
None
61510
0
0
STARWOOD HOTELS & RESORTS
COM
85590A401
3927
48587
SH
SOLE
None
48587
0
0
STATE STREET CORP
COM
857477103
2794
41536
SH
SOLE
None
41536
0
0
SUNCOR ENERGY INC NEW
COM
867224107
3155
74020
SH
SOLE
None
74020
0
0
TJX COMPANIES
COM
872540109
279
5245
SH
SOLE
None
5245
0
0
TIME INC
COM
887228104
1
43
SH
SOLE
None
43
0
0
TIME WARNER INC NEW
COM
887317303
509
7235
SH
SOLE
None
7235
0
0
TOTAL S A
SPONSORED ADR
89151E109
801
11098
SH
SOLE
None
11098
0
0
US BANCORP DEL
COM NEW
902973304
2580
59563
SH
SOLE
None
59563
0
0
UNITED TECHNOLOGIES INC
COM
913017109
3917
33923
SH
SOLE
None
33923
0
0
UNITEDHEALTH GROUP INC
COM
91324P102
3795
46428
SH
SOLE
None
46428
0
0
UTILITIES SELECT SECTOR SPDR
ETF
81369Y886
12
275
SH
SOLE
None
275
0
0
VANGUARD FTSE ALL-WORLD EX-US
ETF
922042775
7
136
SH
SOLE
None
136
0
0
VANGUARD FTSE DEVELOPED MARKETS ETF
ETF
921943858
561
13174
SH
SOLE
None
13174
0
0
VANGUARD FTSE EMERGING MARKETS ETF
ETF
922042858
328
7601
SH
SOLE
None
7601
0
0
VANGUARD HIGH DIVIDEND YIELD
ETF
921946406
2264
34134
SH
SOLE
None
34134
0
0
VANGUARD MID CAP
ETF
922908629
15378
129582
SH
SOLE
None
129582
0
0
VANGUARD REIT INDEX ETF
ETF
922908553
4024
53780
SH
SOLE
None
53780
0
0
VANGUARD S&P 500 ETF
ETF
922908363
75095
418521
SH
SOLE
None
418521
0
0
VANGUARD SMALL CAP ETF
ETF
922908751
286
2441
SH
SOLE
None
2441
0
0
VANGUARD SMALL CAP GROWTH ETF
ETF
922908595
692
5435
SH
SOLE
None
5435
0
0
VANGUARD SMALL CAP VALUE ETF
ETF
922908611
641
6079
SH
SOLE
None
6079
0
0
VANGUARD TOTAL BOND MARKET ETF
ETF
921937835
59
720
SH
SOLE
None
720
0
0
VANGUARD TOTAL STK MKT
ETF
922908769
14
139
SH
SOLE
None
139
0
0
VANGUARD SCOTTSDALE FDS
VNG RUS1000IDX
92206C730
8508
94036
SH
SOLE
None
94036
0
0
VERIZON COMMUNICATION
COM
92343V104
3816
77996
SH
SOLE
None
77996
0
0
VISA INC
COM CL A
92826C839
4952
23500
SH
SOLE
None
23500
0
0
WAL-MART STORES INC
COM
931142103
3561
47440
SH
SOLE
None
47440
0
0
WELLS FARGO & CO NEW COM STK
COM
949746101
5315
101113
SH
SOLE
None
101113
0
0
WISDOMTREE EMERGING MARKETS EQUITY INCOME ETF
ETF
97717W315
34
658
SH
SOLE
None
658
0
0
WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND ETF
ETF
97717W281
38
785
SH
SOLE
None
785
0
0
WISDOMTREE EMERGING MKTS LOCAL DEBT ETF
ETF
97717X867
48
1007
SH
SOLE
None
1007
0
0
ACCENTURE PLC IRELAND
SHS CLASS A
G1151C101
3302
40836
SH
SOLE
None
40836
0
0
EATON CORP PLC
SHS
G29183103
3731
48348
SH
SOLE
None
48348
0
0