0001541895-16-000005.txt : 20160210 0001541895-16-000005.hdr.sgml : 20160210 20160210091636 ACCESSION NUMBER: 0001541895-16-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160210 DATE AS OF CHANGE: 20160210 EFFECTIVENESS DATE: 20160210 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: 161402448 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 true false 0001541895 XXXXXXXX 12-31-2015 12-31-2015 Alerus Investment Advisors Corp
10900 WAYZATA BLVD. SUITE 120 WAYZATA MN 55305
13F HOLDINGS REPORT 028-14784 N
Sunil Swami President & Chief Investment Officer 952-417-3806 Sunil Swami Minnetonka MN 02-10-2016 0 176 599307 false
INFORMATION TABLE 2 alerus13f311215.xml ABB LTD SPONSORED ADR SHS 375204 24 1360 SH SOLE NONE 1360 0 0 ABBOTT LABORATORIES COM 2824100 207 4592 SH SOLE NONE 4592 0 0 ABBIVE INC COM 287Y109 693 11685 SH SOLE NONE 11685 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 3569 34156 SH SOLE NONE 34156 0 0 ADAMS DIVERSIFIED EQUITY FUND INC COM SHS 6212104 7 564 SH SOLE NONE 564 0 0 AEGON NV NON CUM PFD SUB NTS NON CUM PFD 7924608 44 1600 SH SOLE NONE 1600 0 0 AFLAC INC SUB DEB SUB DEB 1055300 57 2225 SH SOLE NONE 2225 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 4189 13404 SH SOLE NONE 13404 0 0 ALLSTATE COP SHS 20002879 78 2805 SH SOLE NONE 2805 0 0 ALPHABET INC COM 2079K305 11020 14165 SH SOLE NONE 14165 0 0 AMERICAN EXPRESS CO COM 25816109 3182 45755 SH SOLE NONE 45755 0 0 APPLE COMPUTER COM 37833100 14471 137476 SH SOLE NONE 137476 0 0 AT&T INC COM 00206R102 4884 141935 SH SOLE NONE 141935 0 0 BB&T CORP SHS 54937206 42 1600 SH SOLE NONE 1600 0 0 BECTON DICKINSON & COMPANY COM 75887109 4523 35157 SH SOLE NONE 35157 0 0 BEMIS CO INC COM COM 81437105 65 1461 SH SOLE NONE 1461 0 0 BERKSHIRE HATHAWAY CALL B NEW 84670702 6371 48248 SH SOLE NONE 48248 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 6763 32509 SH SOLE NONE 32509 0 0 BOEING COM 97023105 4976 34414 SH SOLE NONE 34414 0 0 CARDINAL HEALTH INC COM 14149Y108 3500 39203 SH SOLE NONE 39203 0 0 CBRE CLARION GLOBAL REAL ESTATE INCOME FD COM COM 12504G100 0 6 SH SOLE NONE 6 0 0 CELGENE CORP COM 151020104 3409 28464 SH SOLE NONE 28464 0 0 CHEVRON TEXACO COM 166764100 2767 30753 SH SOLE NONE 30753 0 0 CISCO SYSTEMS COM 17275R102 4734 174361 SH SOLE NONE 174361 0 0 CITIGROUP INC COM 172967424 3699 71467 SH SOLE NONE 71467 0 0 CME GROUP COM 12572Q105 2425 26770 SH SOLE NONE 26770 0 0 COCA COLA COMPANY COM 191216100 4202 97793 SH SOLE NONE 97793 0 0 COGNIZANT TECH SOLUTIONS COM 192446102 5905 98372 SH SOLE NONE 98372 0 0 COLGATE-PALMOLIVE COMP COM 194162103 286 4300 SH SOLE NONE 4300 0 0 COMCAST CORP COM 20030N101 6298 111605 SH SOLE NONE 111605 0 0 CONSOLIDATED EDISON INC COM 209115104 1553 24152 SH SOLE NONE 24152 0 0 CVS CORP COM 126650100 5159 52770 SH SOLE NONE 52770 0 0 DANAHER CORPORATION COM 235851102 3463 37273 SH SOLE NONE 37273 0 0 DBX ETF TR EX US HDG 233051820 345 14900 SH SOLE NONE 14900 0 0 DICK'S SPORTING GOODS COM 253393102 2606 73691 SH SOLE NONE 73691 0 0 DISNEY COM 254687106 4167 39946 SH SOLE NONE 39946 0 0 DUKE ENERGY CORPORATION COM 26441C204 1123 15734 SH SOLE NONE 15734 0 0 DUPONT E I DENEMOURS COM 263534109 376 5647 SH SOLE NONE 5647 0 0 EATON CORP PLC SHS G29183103 3847 73929 SH SOLE NONE 73929 0 0 ECOLAB INC COM 278865100 755 6600 SH SOLE NONE 6600 0 0 EMC INC COM 268648102 3634 141508 SH SOLE NONE 141508 0 0 EMERSON ELECTIC CO COM 291011104 1347 28150 SH SOLE NONE 28150 0 0 EXPRESS SCRIPTS HLDG CO COM 30219G108 4557 52142 SH SOLE NONE 52142 0 0 EXXON MOBIL CORP COM 30231G102 5861 75200 SH SOLE NONE 75200 0 0 FACEBOOK INC COM 30303M102 1768 16897 SH SOLE NONE 16897 0 0 F5 NETWORKS INC COM 315616102 3053 31484 SH SOLE NONE 31484 0 0 GENERAL ELECTRIC COMPANY COM 369604103 9152 293788 SH SOLE NONE 293788 0 0 GENERAL ELEC CAP CORPNT CPN CAP CORP NT 369622394 62 2425 SH SOLE NONE 2425 0 0 GENERAL ELEC CAP CORP NT CPN CAP CORP NT 369622428 41 1600 SH SOLE NONE 1600 0 0 GENERAL MILLS INC COM 370334104 1478 25629 SH SOLE NONE 25629 0 0 GILEAD SCI INC COM 375558103 470 4640 SH SOLE NONE 4640 0 0 GRAINGER WW INC COM 384802104 421 2077 SH SOLE NONE 2077 0 0 HALLIBURTON CO COM 406216101 1612 47328 SH SOLE NONE 47328 0 0 HANCOCK JOHN PREM DIVID FD COM SH BEN INT COM 41013T105 6 405 SH SOLE NONE 405 0 0 HOME DEPOT INC COM 437076102 1909 14433 SH SOLE NONE 14433 0 0 HONEYWELL INTL INC COM 438516106 5676 54805 SH SOLE NONE 54805 0 0 IBM COM 459200101 912 6629 SH SOLE NONE 6629 0 0 INTEL INC COM 458140100 1768 51301 SH SOLE NONE 51301 0 0 INTERCONTINENTAL EXCHANGE COM 45865V100 3907 15245 SH SOLE NONE 15245 0 0 INTERCONTINENTAL EXCHANGE INC COM COM 45866F104 41 160 SH SOLE NONE 160 0 0 ISHARES EUROPE SMALL CAP ETF ETF 464288497 13 282 SH SOLE NONE 282 0 0 ISHARES TR 1-3 YR CR BD ETF ETF 464288646 1474 14090 SH SOLE NONE 14090 0 0 ISHARES TRUST HDG MSCI 46434V704 356 14600 SH SOLE NONE 14600 0 0 ISHARES TR 2017 AMT-FREE MUN TERM ETF ETF 464289271 20 730 SH SOLE NONE 730 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 2896 14135 SH SOLE NONE 14135 0 0 ISHARES TR CORE S&P MID-CAP ETF ETF 464287507 853 6126 SH SOLE NONE 6126 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 278 3454 SH SOLE NONE 3454 0 0 ISHARES TR IBOXX USD INVT GRADE CORP BD ETF ETF 464287242 488 4282 SH SOLE NONE 4282 0 0 ISHARES TR INTL TREASURY BD ETF ETF 464288117 251 2797 SH SOLE NONE 2797 0 0 ISHARES TR ISHARES 2019 AMT-FREE MUNI TERM ETF ETF 46429B564 716 27928 SH SOLE NONE 27928 0 0 ISHARES TR JPMORGAN USD EMERGING MKTS BD ETF ETF 464288281 72 685 SH SOLE NONE 685 0 0 ISHARES TR MSCI EAFE ETF ETF 464287465 935 15917 SH SOLE NONE 15917 0 0 ISHARES TR MSCI EAFE SMALL CAP ETF ETF 464288273 156 3117 SH SOLE NONE 3117 0 0 ISHARES TR MSCI EMERGING MKTS ETF ETF 464287234 129 4013 SH SOLE NONE 4013 0 0 ISHARES TR NATL AMT FREE MUNI BD ETF ETF 464288414 429 3874 SH SOLE NONE 3874 0 0 ISHARES TR RUSSELL 1000 GROWTH ETF ETF 464287614 7 71 SH SOLE NONE 71 0 0 ISHARES TR S&P 500 GROWTH ETF ETF 464287309 282 2434 SH SOLE NONE 2434 0 0 ISHARES TR S&P MIDCAP 400 GROWTH ETF ETF 464287606 0 3 SH SOLE NONE 3 0 0 ISHARES TR S&P 500 VALUE ETF ETF 464287408 223 2524 SH SOLE NONE 2524 0 0 ISHARES TR S&P SMALL CAP 600 GROWTH ETF ETF 464287887 0 4 SH SOLE NONE 4 0 0 ISHARES TR TIPS BD ETF ETF 464287176 9 86 SH SOLE NONE 86 0 0 ISHARES TRUST DJ SEL DIV INX 464287168 764 10160 SH SOLE NONE 10160 0 0 ISHARES TRUST CORE TOTUSBD ETF 464287226 65072 602461 SH SOLE NONE 602461 0 0 ISHARES TRUST 20 YR BD ETF 464287432 1109 9198 SH SOLE NONE 9198 0 0 ISHARES TRUST BD ETF 464287440 8717 82558 SH SOLE NONE 82558 0 0 ISHARES TRUST RUS MID-CAP ETF 464287499 10057 62790 SH SOLE NONE 62790 0 0 ISHARES TRUST NASDQ BIO INDX 464287556 8926 26382 SH SOLE NONE 26382 0 0 ISHARES TRUST RUSSELL 2000 464287655 30844 273880 SH SOLE NONE 273880 0 0 ISHARES TRUST US OIL&GAS EX ET 464288851 2858 53970 SH SOLE NONE 53970 0 0 ISHARES TRUST HDG MSCI EAFE 46434V803 349 13750 SH SOLE NONE 13750 0 0 JOHN HANCOCK HEDGED EQUITY & INCOME FD COM COM 47804L102 5 325 SH SOLE NONE 325 0 0 JOHNSON AND JOHNSON COM 478160104 9920 96576 SH SOLE NONE 96576 0 0 JP MORGAN CHASE & CO COM 46625H100 7566 114594 SH SOLE NONE 114594 0 0 KINDER MORGAN INC DEL COM COM 49456B101 79 5314 SH SOLE NONE 5314 0 0 KRAFT HEINZ CO COM 500754106 864 11885 SH SOLE NONE 11885 0 0 LIBERTY ALL STAR EQUITY FD SBI COM 530158104 33 6182 SH SOLE NONE 6182 0 0 LOWES COMPANIES INC COM 548661107 5245 68962 SH SOLE NONE 68962 0 0 MCDONALDS CORP COM 580135101 1832 15502 SH SOLE NONE 15502 0 0 MCKESSON HBOC INC COM 58155Q103 3304 16751 SH SOLE NONE 16751 0 0 MERCK & CO INC COM 58933Y105 1492 28245 SH SOLE NONE 28245 0 0 METLIFE INC COM 59156R108 2900 60138 SH SOLE NONE 60138 0 0 METRONIC HLDG PLC SHS G5960L103 6511 84643 SH SOLE NONE 84643 0 0 MICROSOFT INC COM 594918104 9016 162508 SH SOLE NONE 162508 0 0 MONDELEZ INTL INC CL A 609207105 3324 74139 SH SOLE NONE 74139 0 0 MONSANTO COMPANY COM 61166W101 2675 27158 SH SOLE NONE 27158 0 0 MYLAN NV SHS N59465109 3575 66132 SH SOLE NONE 66132 0 0 NEXTERA ENERGY INC COM 65339F101 351 3380 SH SOLE NONE 3380 0 0 NIKE INC COM 654106103 1865 29839 SH SOLE NONE 29839 0 0 NORDSTROM INC COM 655664100 2425 48676 SH SOLE NONE 48676 0 0 NORFOLK SOUTHERN CORP COM 655844108 276 3263 SH SOLE NONE 3263 0 0 NOVARTIS AG COM 66987V109 582 7327 SH SOLE NONE 7327 0 0 NUSTAR ENERGY LP UNIT COM COM 67058H102 46 1145 SH SOLE NONE 1145 0 0 ONEOK PARTNERS L P UNIT LTD PARTNERSHIP COM 68268N103 13 444 SH SOLE NONE 444 0 0 ORACLE SYSTEMS INC COM 68389X105 4158 113824 SH SOLE NONE 113824 0 0 PACIRA PHARMACEUTICALS INC COM COM 695127100 22 292 SH SOLE NONE 292 0 0 PEPSICO INC COM 713448108 6115 61199 SH SOLE NONE 61199 0 0 PFIZER INC COM 717081103 5578 172787 SH SOLE NONE 172787 0 0 PHILIP MORRIS COM 718172109 5367 61056 SH SOLE NONE 61056 0 0 POWERSHARES QQQ TR UNIT SER 1 ETF 73935A104 11 100 SH SOLE NONE 100 0 0 PRAXAIR INC COM 74005P104 2493 24343 SH SOLE NONE 24343 0 0 PRICELINE COM INC COM 741503403 6889 5403 SH SOLE NONE 5403 0 0 PROCTER AND GAMBLE COMPANY COM 742718109 4809 60563 SH SOLE NONE 60563 0 0 PRUDENTIAL FINANCIAL INC COM 744320102 4200 51584 SH SOLE NONE 51584 0 0 PUBLIC STORAGE DEP SHS REPSTG SHS 74460W792 78 2965 SH SOLE NONE 2965 0 0 QUALCOMM INC COM 747525103 4050 81021 SH SOLE NONE 81021 0 0 ROSS STORES INC COM 778296103 239 4448 SH SOLE NONE 4448 0 0 ROYAL BANK CANADA COM 780087102 1352 25217 SH SOLE NONE 25217 0 0 SCE TR I CPN TR UNIT 78406T201 40 1600 SH SOLE NONE 1600 0 0 SCE TR II TR PFD SHS SHS 78407R204 76 3160 SH SOLE NONE 3160 0 0 SCHLUMBERGER LTD COM 806857108 1643 23568 SH SOLE NONE 23568 0 0 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 43 710 SH SOLE NONE 710 0 0 SELECT SECTOR SPDR TR SBI INT-UTIL 81369Y886 8109 187369 SH SOLE NONE 187369 0 0 SOUTHERN COMPANY COM 842587107 1156 24697 SH SOLE NONE 24697 0 0 SPARTAN MTRS INC COM COM 846819100 2 742 SH SOLE NONE 742 0 0 SPDR S & P 500 ETF TR TR UNIT 78462F103 13825 67377 SH SOLE NONE 67377 0 0 SPDR SER TR BARCLAYS HIGH YIELD BD ETF 78464A417 10 294 SH SOLE NONE 294 0 0 SPDR SER TR DOW JONES REIT ETF ETF 78464A607 42 463 SH SOLE NONE 463 0 0 SPECTRA ENERGY PARTNERS LP COM COM 84756N109 81 1694 SH SOLE NONE 1694 0 0 STARBUCKS CORP COM 855244109 2862 47684 SH SOLE NONE 47684 0 0 STARWOOD HOTELS & RESORTS COM 85590A401 2641 38116 SH SOLE NONE 38116 0 0 STATE STREET CORP COM 857477103 2672 40255 SH SOLE NONE 40255 0 0 STATE STR CORP DEP SHS SHS 857477889 79 2955 SH SOLE NONE 2955 0 0 TJX COMPANIES COM 872540109 367 5175 SH SOLE NONE 5175 0 0 TOTAL S A SPONSORED ADR 89151E109 814 18109 SH SOLE NONE 18109 0 0 TWENTY-FIRST CENTY FOX INC CL A ETF 90130A101 1843 67829 SH SOLE NONE 67829 0 0 UNITED PARCEL SERVICE COM 911312106 1003 10423 SH SOLE NONE 10423 0 0 UNITEDHEALTH GROUP INC COM 91324P102 3262 27725 SH SOLE NONE 27725 0 0 US BANCORP DEL COM NEW 902973304 2678 62762 SH SOLE NONE 62762 0 0 VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF ETF 921937835 1358 16819 SH SOLE NONE 16819 0 0 VANGUARD INDEX FDS S&P 500 ETF SH 922908363 66275 354544 SH SOLE NONE 354544 0 0 VANGUARD INDEX FDS REIT ETF 922908553 14101 176865 SH SOLE NONE 176865 0 0 VANGUARD INDEX FDS MID CAP ETF 922908629 11087 92306 SH SOLE NONE 92306 0 0 VANGUARD INDEX FDS VANGUARD SMALL-CAP ETF ETF 922908751 317 2861 SH SOLE NONE 2861 0 0 VANGUARD INDEX FDS VANGUARD SMALL-CAP GROWTH ETF ETF 922908595 640 5267 SH SOLE NONE 5267 0 0 VANGUARD INDEX FDS VANGUARD SMALL-CAP VALUE ETF ETF 922908611 663 6710 SH SOLE NONE 6710 0 0 VANGUARD INTL EQUITY INDEX FD INC FTSE ALL WORLD EX US INDEX FD ETFS SHS ETF 922042775 6 136 SH SOLE NONE 136 0 0 VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF EFT 922042858 301 9217 SH SOLE NONE 9217 0 0 VANGUARD SCOTTSDALE FDS VNG RUS1000IDX 92206C730 8938 95459 SH SOLE NONE 95459 0 0 VANGUARD SCOTTSDALE FDS INT TERM CORP 92206C870 8739 103929 SH SOLE NONE 103929 0 0 VANGUARD TAX-MANAGED INTL FD FTSE DEVELOPED MKTS ETF ETF 921943858 523 14253 SH SOLE NONE 14253 0 0 VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS ETF 921946406 2830 42388 SH SOLE NONE 42388 0 0 VERIZON COMMUNICATION COM 92343V104 6302 136351 SH SOLE NONE 136351 0 0 VISA INC COM CL A 92826C839 3865 49843 SH SOLE NONE 49843 0 0 WAL MART STORES INC COM COM 931142103 35 565 SH SOLE NONE 565 0 0 WELLS FARGO & CO NEW COM STK COM 949746101 5105 93926 SH SOLE NONE 93926 0 0 WISDOM TREE COM 97717X701 329 6108 SH SOLE NONE 6108 0 0 WISDOMTREE TR EMERGING MKTS EQUITY INCOME FD EQUITY ETF 97717W315 21 658 SH SOLE NONE 658 0 0 WISDOMTREE TR EMERGING MKTS LOC DEBT FD COM 97717X867 48 1443 SH SOLE NONE 1443 0 0 WISDOMTREE TR EMERGING MKTS SMALL CAP ETF 97717W281 28 785 SH SOLE NONE 785 0 0 XCEL ENERGY INC COM 98389B100 210 5840 SH SOLE NONE 5840 0 0 ZIMMER BIOMET HLDGS INC COM COM 98956P102 3287 32045 SH SOLE NONE 32045 0 0