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 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