0001541895-15-000003.txt : 20150814
0001541895-15-000003.hdr.sgml : 20150814
20150814130339
ACCESSION NUMBER: 0001541895-15-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20150630
FILED AS OF DATE: 20150814
DATE AS OF CHANGE: 20150814
EFFECTIVENESS DATE: 20150814
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: 151054282
BUSINESS ADDRESS:
STREET 1: 10900 WAYZATA BLVD.
STREET 2: SUITE 120
CITY: WAYZATA
STATE: MN
ZIP: 55305
BUSINESS PHONE: 952-417-3806
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
false
true
0001541895
XXXXXXXX
06-30-2015
06-30-2015
Alerus Investment Advisors Corp
10900 WAYZATA BLVD.
SUITE 120
WAYZATA
MN
55305
13F HOLDINGS REPORT
028-14784
N
Sunil Swami
Chief Compliance Officer
9524173806
Sunil Swami
Minnetonka
MN
08-14-2015
0
105
587979
false
INFORMATION TABLE
2
Alerus13f150630.xml
ABB LTD SPONSORED ADR
SHS
375204
28
1360
SH
SOLE
NONE
1360
0
0
ABBOTT LABORATORIES
COM
2824100
4633
99983
SH
SOLE
NONE
99983
0
0
ACCENTURE PLC IRELAND
SHS CLASS A
G1151C101
4488
47872
SH
SOLE
NONE
47872
0
0
ADAMS DIVERSIFIED EQUITY FUND INC COM
SHS
6212104
8
564
SH
SOLE
NONE
564
0
0
ADVANCE AUTO PTS INC COM
COM
00751Y106
7
45
SH
SOLE
NONE
45
0
0
ALCATEL LUCENT SPON ADR ISIN#US0139043055
SHS
13904305
0
19
SH
SOLE
NONE
19
0
0
ALLERGAN PLC COM SHS ISIN#IE00BY9D5467
SHS
G0177J108
24
78
SH
SOLE
NONE
78
0
0
AMERICAN EXPRESS CO
COM
25816109
3884
49726
SH
SOLE
NONE
49726
0
0
APPLE COMPUTER
COM
37833100
15716
126289
SH
SOLE
NONE
126289
0
0
AT&T INC
COM
00206R102
4235
129395
SH
SOLE
NONE
129395
0
0
BECTON DICKINSON & COMPANY
COM
75887109
2875
20021
SH
SOLE
NONE
20021
0
0
BEMIS CO INC COM
COM
81437105
69
1524
SH
SOLE
NONE
1524
0
0
BERKSHIRE HATHAWAY
CALL B NEW
84670702
6017
41828
SH
SOLE
NONE
41828
0
0
BIO-KEY INTL INC COM NEW
COM
09060C200
0
1300
SH
SOLE
NONE
1300
0
0
BIRMINGHAM BLOOMFIELD BANCSHARES INC COM
COM
91112102
11
1250
SH
SOLE
NONE
1250
0
0
BLACKROCK INC
COM
09247X101
4303
11775
SH
SOLE
NONE
11775
0
0
BOEING
COM
97023105
5383
35894
SH
SOLE
NONE
35894
0
0
CARDINAL HEALTH INC
COM
14149Y108
668
7402
SH
SOLE
NONE
7402
0
0
CBRE CLARION GLOBAL REAL ESTATE INCOME FD COM
COM
12504G100
0
6
SH
SOLE
NONE
6
0
0
CELGENE CORP
COM
151020104
2171
18835
SH
SOLE
NONE
18835
0
0
CENTERSTATE BKS INC COM
COM
15201P109
7
520
SH
SOLE
NONE
520
0
0
CF INDUSTRIES HOLDINGS INC
COM
125269100
447
1575
SH
SOLE
NONE
1575
0
0
CHEVRON TEXACO
COM
166764100
3819
36434
SH
SOLE
NONE
36434
0
0
CISCO SYSTEMS
COM
17275R102
4907
178290
SH
SOLE
NONE
178290
0
0
CITIGROUP INC
COM
172967424
3098
60054
SH
SOLE
NONE
60054
0
0
CLEAN HBRS INC COM
COM
184496107
9
161
SH
SOLE
NONE
161
0
0
CME GROUP
COM
12572Q105
2825
29852
SH
SOLE
NONE
29852
0
0
COCA COLA COMPANY
COM
191216100
4171
102929
SH
SOLE
NONE
102929
0
0
COGNIZANT TECH SOLUTIONS
COM
192446102
7208
115551
SH
SOLE
NONE
115551
0
0
COLGATE-PALMOLIVE COMP
COM
194162103
298
4300
SH
SOLE
NONE
4300
0
0
COMCAST CORP
COM
20030N101
6413
113490
SH
SOLE
NONE
113490
0
0
CONOCO PHILLIPS
COM
20825C104
876
14076
SH
SOLE
NONE
14076
0
0
CONSOLIDATED EDISON INC
COM
209115104
1164
19153
SH
SOLE
NONE
19153
0
0
CVS CORP
COM
126650100
4860
47077
SH
SOLE
NONE
47077
0
0
DANAHER CORPORATION
COM
235851102
3351
39472
SH
SOLE
NONE
39472
0
0
DICK'S SPORTING GOODS
COM
253393102
3392
59589
SH
SOLE
NONE
59589
0
0
DISNEY
COM
254687106
4963
47261
SH
SOLE
NONE
47261
0
0
DUKE ENERGY CORPORATION
COM
26441C204
908
11868
SH
SOLE
NONE
11868
0
0
DUPONT E I DENEMOURS
COM
263534109
5039
70669
SH
SOLE
NONE
70669
0
0
DYCOM INDS INC COM
COM
267475101
8
136
SH
SOLE
NONE
136
0
0
EATON CORP PLC
SHS
G29183103
5345
78688
SH
SOLE
NONE
78688
0
0
ECOLAB INC
COM
278865100
755
6600
SH
SOLE
NONE
6600
0
0
EMC INC
COM
268648102
4231
165492
SH
SOLE
NONE
165492
0
0
EMERSON ELECTIC CO
COM
291011104
1225
21650
SH
SOLE
NONE
21650
0
0
EXPRESS SCRIPTS HLDG CO
COM
30219G108
6782
78135
SH
SOLE
NONE
78135
0
0
EXXON MOBIL CORP
COM
30231G102
5982
70395
SH
SOLE
NONE
70395
0
0
F5 NETWORKS INC
COM
315616102
4392
38191
SH
SOLE
NONE
38191
0
0
GENERAL ELECTRIC COMPANY
COM
369604103
7182
288963
SH
SOLE
NONE
288963
0
0
GENERAL MILLS INC
COM
370334104
1231
21750
SH
SOLE
NONE
21750
0
0
GENESEE & WYO INC CL A
COM
371559105
2
22
SH
SOLE
NONE
22
0
0
GILEAD SCI INC
COM
375558103
455
4640
SH
SOLE
NONE
4640
0
0
GOOGLE INC A
COM
38259P508
10116
18241
SH
SOLE
NONE
18241
0
0
GOOGLE INC C
COM
38259P706
2983
5446
SH
SOLE
NONE
5446
0
0
GRAINGER WW INC
COM
384802104
490
2077
SH
SOLE
NONE
2077
0
0
HALLIBURTON CO
COM
406216101
4738
108007
SH
SOLE
NONE
108007
0
0
HANCOCK JOHN PREM DIVID FD COM SH BEN INT
COM
41013T105
5
405
SH
SOLE
NONE
405
0
0
HOME DEPOT INC
COM
437076102
1554
13707
SH
SOLE
NONE
13707
0
0
HONEYWELL INTL INC
COM
438516106
5177
49641
SH
SOLE
NONE
49641
0
0
IBM
COM
459200101
739
4596
SH
SOLE
NONE
4596
0
0
INTEL INC
COM
458140100
1070
34297
SH
SOLE
NONE
34297
0
0
INTERCONTINENTAL EXCHANGE
COM
45865V100
3990
17106
SH
SOLE
NONE
17106
0
0
INTERCONTINENTAL EXCHANGE INC COM
COM
45866F104
36
159
SH
SOLE
NONE
159
0
0
ISHARES EUROPE SMALL CAP ETF
ETF
464288497
27
573
SH
SOLE
NONE
573
0
0
ISHARES TR 1-3 YR CR BD ETF
ETF
464288646
2064
19592
SH
SOLE
NONE
19592
0
0
ISHARES TR 2015 AMT-FREE MUN TERM ETF
ETF
464289339
651
12423
SH
SOLE
NONE
12423
0
0
ISHARES TR 2017 AMT-FREE MUN TERM ETF
ETF
464289271
223
8126
SH
SOLE
NONE
8126
0
0
ISHARES TR CORE CONSERVATIVE ALLOCATION ETF
ETF
464289883
32
1000
SH
SOLE
NONE
1000
0
0
ISHARES TR CORE S&P 500 ETF
ETF
464287200
2845
13727
SH
SOLE
NONE
13727
0
0
ISHARES TR CORE S&P MID-CAP ETF
ETF
464287507
1026
6839
SH
SOLE
NONE
6839
0
0
ISHARES TR IBONDS SEP 2020 AMT-FREE MUNI BD ETF
ETF
46434V571
6
234
SH
SOLE
NONE
234
0
0
ISHARES TR IBOXX $ HIGH YIELD CORP BD ETF
ETF
464288513
598
6738
SH
SOLE
NONE
6738
0
0
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF
ETF
464287242
475
4109
SH
SOLE
NONE
4109
0
0
ISHARES TR INTL TREASURY BD ETF
ETF
464288117
25
275
SH
SOLE
NONE
275
0
0
ISHARES TR ISHARES 2019 AMT-FREE MUNI TERM ETF
ETF
46429B564
307
12087
SH
SOLE
NONE
12087
0
0
ISHARES TR JPMORGAN USD EMERGING MKTS BD ETF
ETF
464288281
75
685
SH
SOLE
NONE
685
0
0
ISHARES TR MSCI EAFE ETF
ETF
464287465
1152
18147
SH
SOLE
NONE
18147
0
0
ISHARES TR MSCI EAFE SMALL CAP ETF
ETF
464288273
54
1067
SH
SOLE
NONE
1067
0
0
ISHARES TR MSCI EMERGING MKTS ETF
ETF
464287234
184
4632
SH
SOLE
NONE
4632
0
0
ISHARES TR NATL AMT FREE MUNI BD ETF
ETF
464288414
419
3874
SH
SOLE
NONE
3874
0
0
ISHARES TR RUSSELL 1000 GROWTH ETF
ETF
464287614
9
87
SH
SOLE
NONE
87
0
0
ISHARES TR S&P 500 GROWTH ETF
ETF
464287309
277
2434
SH
SOLE
NONE
2434
0
0
ISHARES TR S&P 500 VALUE ETF
ETF
464287408
205
2220
SH
SOLE
NONE
2220
0
0
ISHARES TR TIPS BD ETF
ETF
464287176
10
86
SH
SOLE
NONE
86
0
0
ISHARES TRUST
DJ SEL DIV INX
464287168
738
9475
SH
SOLE
NONE
9475
0
0
ISHARES TRUST
CORE TOTUSBD ETF
464287226
63122
566473
SH
SOLE
NONE
566473
0
0
ISHARES TRUST
RUS MID-CAP ETF
464287499
3182
18382
SH
SOLE
NONE
18382
0
0
ISHARES TRUST
NASDQ BIO INDX
464287556
11459
33343
SH
SOLE
NONE
33343
0
0
ISHARES TRUST
RUSSELL 2000
464287655
36230
291255
SH
SOLE
NONE
291255
0
0
ISHARES TRUST
US OIL&GAS EX ET
464288851
2356
32137
SH
SOLE
NONE
32137
0
0
JOHN HANCOCK HEDGED EQUITY & INCOME FD COM
COM
47804L102
5
325
SH
SOLE
NONE
325
0
0
JOHNSON AND JOHNSON
COM
478160104
8845
87986
SH
SOLE
NONE
87986
0
0
JP MORGAN CHASE & CO
COM
46625H100
7232
119151
SH
SOLE
NONE
119151
0
0
KINDER MORGAN INC DEL COM
COM
49456B101
204
5314
SH
SOLE
NONE
5314
0
0
KRAFT FOODS GROUP INC
COM
50076Q106
899
10329
SH
SOLE
NONE
10329
0
0
LIBERTY ALL STAR EQUITY FD SBI
COM
530158104
35
6024
SH
SOLE
NONE
6024
0
0
LKQ CORP COM
COM
501889208
13
415
SH
SOLE
NONE
415
0
0
LOWES COMPANIES INC
COM
548661107
1696
22846
SH
SOLE
NONE
22846
0
0
MANITOWOC INC
COM
563571108
6
289
SH
SOLE
NONE
289
0
0
MARTEN TRANS LTD
COM
573075108
6
277
SH
SOLE
NONE
277
0
0
MCDONALDS CORP
COM
580135101
1675
17212
SH
SOLE
NONE
17212
0
0
MERCK & CO INC
COM
58933Y105
1028
17890
SH
SOLE
NONE
17890
0
0
METLIFE INC
COM
59156R108
3098
61214
SH
SOLE
NONE
61214
0
0
METRONIC HLDG PLC
SHS
G5960L103
6609
84745
SH
SOLE
NONE
84745
0
0
MICROSOFT INC
COM
594918104
11146
274017
SH
SOLE
NONE
274017
0
0
MID-AMER APT CMNTYS INC COM
COM
59522J103
7
91
SH
SOLE
NONE
91
0
0
MOBILE MINI INC
COM
60740F105
7
173
SH
SOLE
NONE
173
0
0
MONDELEZ INTL INC
CL A
609207105
4862
134529
SH
SOLE
NONE
134529
0
0
MONSANTO COMPANY
COM
61166W101
1814
16141
SH
SOLE
NONE
16141
0
0
NEXTERA ENERGY INC
COM
65339F101
352
3380
SH
SOLE
NONE
3380
0
0
NIKE INC
COM
654106103
1658
16494
SH
SOLE
NONE
16494
0
0
NORDSTROM INC
COM
655664100
1690
21055
SH
SOLE
NONE
21055
0
0
NORFOLK SOUTHERN CORP
COM
655844108
4930
48003
SH
SOLE
NONE
48003
0
0
NOVARTIS AG
COM
66987V109
379
3838
SH
SOLE
NONE
3838
0
0
NUCOR CO
COM
670346105
233
4899
SH
SOLE
NONE
4899
0
0
NUSTAR ENERGY LP UNIT COM
COM
67058H102
68
1145
SH
SOLE
NONE
1145
0
0
ONEOK PARTNERS L P UNIT LTD PARTNERSHIP
COM
68268N103
15
444
SH
SOLE
NONE
444
0
0
ORACLE SYSTEMS INC
COM
68389X105
5697
132149
SH
SOLE
NONE
132149
0
0
PACIRA PHARMACEUTICALS INC COM
COM
695127100
41
582
SH
SOLE
NONE
582
0
0
PEPSICO INC
COM
713448108
5237
54796
SH
SOLE
NONE
54796
0
0
PFIZER INC
COM
717081103
5518
158764
SH
SOLE
NONE
158764
0
0
PHILIP MORRIS
COM
718172109
4387
58135
SH
SOLE
NONE
58135
0
0
POWERSHARES QQQ TR UNIT SER 1
ETF
73935A104
11
100
SH
SOLE
NONE
100
0
0
PRAXAIR INC
COM
74005P104
3225
26713
SH
SOLE
NONE
26713
0
0
PRICELINE COM INC
COM
741503403
7661
6581
SH
SOLE
NONE
6581
0
0
PROCTER AND GAMBLE COMPANY
COM
742718109
6236
76154
SH
SOLE
NONE
76154
0
0
PRUDENTIAL FINANCIAL INC
COM
744320102
3962
49244
SH
SOLE
NONE
49244
0
0
QUALCOMM INC
COM
747525103
2289
33080
SH
SOLE
NONE
33080
0
0
RAND LOGISTICS INC COM
COM
752182105
1
378
SH
SOLE
NONE
378
0
0
ROSS STORES INC
COM
778296103
234
2224
SH
SOLE
NONE
2224
0
0
ROYAL BANK CANADA
COM
780087102
1097
18156
SH
SOLE
NONE
18156
0
0
ROYAL DUTCH SHELL PLC ADR
COM
780259206
947
15880
SH
SOLE
NONE
15880
0
0
SCHLUMBERGER LTD
COM
806857108
3522
42201
SH
SOLE
NONE
42201
0
0
SELECT SECTOR SPDR TR
SBI INT-ENERGY
81369Y506
1836
23660
SH
SOLE
NONE
23660
0
0
SELECT SECTOR SPDR TR
SBI INT-UTIL
81369Y886
8512
191732
SH
SOLE
NONE
191732
0
0
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY TRANSN TO 06/24/02
ETF
81369Y407
18
238
SH
SOLE
NONE
238
0
0
SELECT SECTOR SPDR TR HEALTH CARE
ETF
81369Y209
77
1033
SH
SOLE
NONE
1033
0
0
SELECT SECTOR SPDR TR TECHNOLOGY
COM
81369Y803
18
436
SH
SOLE
NONE
436
0
0
SIFCO INDUSTRIES
COM
826546103
231
10602
SH
SOLE
NONE
10602
0
0
SOUTHERN COMPANY
COM
842587107
812
18402
SH
SOLE
NONE
18402
0
0
SPARTAN MTRS INC COM
COM
846819100
3
742
SH
SOLE
NONE
742
0
0
SPDR S & P 500 ETF TR
TR UNIT
78462F103
21217
102782
SH
SOLE
NONE
102782
0
0
SPDR SER TR DOW JONES REIT ETF
ETF
78464A607
39
463
SH
SOLE
NONE
463
0
0
SPECTRA ENERGY PARTNERS LP COM
COM
84756N109
78
1694
SH
SOLE
NONE
1694
0
0
STARBUCKS CORP
COM
855244109
7222
76664
SH
SOLE
NONE
76664
0
0
STARWOOD HOTELS & RESORTS
COM
85590A401
3225
38636
SH
SOLE
NONE
38636
0
0
STATE STREET CORP
COM
857477103
3014
40970
SH
SOLE
NONE
40970
0
0
SWIFT TRANSN CO CL A
COM
87074U101
8
334
SH
SOLE
NONE
334
0
0
THOR INDS INC
COM
885160101
6
109
SH
SOLE
NONE
109
0
0
TJX COMPANIES
COM
872540109
363
5175
SH
SOLE
NONE
5175
0
0
TOTAL S A
SPONSORED ADR
89151E109
1036
20879
SH
SOLE
NONE
20879
0
0
TWENTY-FIRST CENTY FOX INC CL A
ETF
90130A101
27
817
SH
SOLE
NONE
817
0
0
UNITED PARCEL SERVICE
COM
911312106
585
6027
SH
SOLE
NONE
6027
0
0
UNITED TECHNOLOGIES INC
COM
913017109
3764
32131
SH
SOLE
NONE
32131
0
0
UNITEDHEALTH GROUP INC
COM
91324P102
3315
28022
SH
SOLE
NONE
28022
0
0
US BANCORP DEL
COM NEW
902973304
3116
71357
SH
SOLE
NONE
71357
0
0
VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF
ETF
921937835
57
704
SH
SOLE
NONE
704
0
0
VANGUARD INDEX FDS
S&P 500 ETF SH
922908363
77241
408275
SH
SOLE
NONE
408275
0
0
VANGUARD INDEX FDS
REIT ETF
922908553
6850
81396
SH
SOLE
NONE
81396
0
0
VANGUARD INDEX FDS
MID CAP ETF
922908629
12959
97679
SH
SOLE
NONE
97679
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP ETF
ETF
922908751
303
2492
SH
SOLE
NONE
2492
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP GROWTH ETF
ETF
922908595
730
5438
SH
SOLE
NONE
5438
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP VALUE ETF
ETF
922908611
785
7277
SH
SOLE
NONE
7277
0
0
VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETF
ETF
922908769
13
121
SH
SOLE
NONE
121
0
0
VANGUARD INTL EQUITY INDEX FD INC FTSE ALL WORLD EX US INDEX FD ETFS SHS
ETF
922042775
7
136
SH
SOLE
NONE
136
0
0
VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF
ETF
922042858
385
9409
SH
SOLE
NONE
9409
0
0
VANGUARD SCOTTSDALE FDS
VNG RUS1000IDX
92206C730
9030
94313
SH
SOLE
NONE
94313
0
0
VANGUARD TAX-MANAGED INTL FD FTSE DEVELOPED MKTS ETF
ETF
921943858
519
13087
SH
SOLE
NONE
13087
0
0
VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS
ETF
921946406
2862
42520
SH
SOLE
NONE
42520
0
0
VERIZON COMMUNICATION
COM
92343V104
5518
113606
SH
SOLE
NONE
113606
0
0
VISA INC
COM CL A
92826C839
3567
54515
SH
SOLE
NONE
54515
0
0
WAL MART STORES INC COM
COM
931142103
40
565
SH
SOLE
NONE
565
0
0
WELLS FARGO & CO NEW COM STK
COM
949746101
5568
102288
SH
SOLE
NONE
102288
0
0
WERNER ENTERPRISES INC
COM
950755108
6
226
SH
SOLE
NONE
226
0
0
WISDOMTREE TR EMERGING MKTS EQUITY INCOME FD EQUITY
ETF
97717W315
29
658
SH
SOLE
NONE
658
0
0
WISDOMTREE TR EMERGING MKTS LOC DEBT FD
COM
97717X867
39
1007
SH
SOLE
NONE
1007
0
0
WISDOMTREE TR EMERGING MKTS SMALL CAP
ETF
97717W281
34
785
SH
SOLE
NONE
785
0
0
ZIMMER BIOMET HLDGS INC COM
COM
98956P102
17
159
SH
SOLE
NONE
159
0
0