0001541895-15-000002.txt : 20150514
0001541895-15-000002.hdr.sgml : 20150514
20150514151902
ACCESSION NUMBER: 0001541895-15-000002
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20150331
FILED AS OF DATE: 20150514
DATE AS OF CHANGE: 20150514
EFFECTIVENESS DATE: 20150514
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: 15862378
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
03-31-2015
03-31-2015
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
05-14-2015
0
104
574578
false
INFORMATION TABLE
2
alerus13F_150331.xml
ABB LTD SPONSORED ADR
ADR
000375204
60
2842
SH
SOLE
NONE
2842
0
0
ABBOTT LABORATORIES
COM
002824100
4653
100649
SH
SOLE
NONE
100649
0
0
ACCENTURE PLC IRELAND
COM
G1151C101
4472
47844
SH
SOLE
NONE
47844
0
0
ADAMS DIVERSIFIED EQUITY FUND INC COM
CEF
006212104
8
564
SH
SOLE
NONE
564
0
0
ALCATEL LUCENT SPON ADR ISIN#US0139043055
COM
013904305
0
19
SH
SOLE
NONE
19
0
0
AMERICAN EXPRESS CO
COM
025816109
3873
49708
SH
SOLE
NONE
49708
0
0
APPLE COMPUTER
COM
037833100
15679
126262
SH
SOLE
NONE
126262
0
0
AT&T INC
COM
00206R102
4215
129362
SH
SOLE
NONE
129362
0
0
BECTON DICKINSON & COMPANY
COM
075887109
2850
19934
SH
SOLE
NONE
19934
0
0
BEMIS CO INC COM
COM
081437105
71
1524
SH
SOLE
NONE
1524
0
0
BERKSHIRE HATHAWAY
COM
084670702
6017
41766
SH
SOLE
NONE
41766
0
0
BIRMINGHAM BLOOMFIELD BANCSHARES INC COM
COM
091112102
11
1250
SH
SOLE
NONE
1250
0
0
BLACKROCK INC
COM
09247X101
4294
11755
SH
SOLE
NONE
11755
0
0
BOEING
COM
097023105
5380
35939
SH
SOLE
NONE
35939
0
0
BROADCOM CORP CL A
COM
111320107
3
59
SH
SOLE
NONE
59
0
0
CARDINAL HEALTH INC
COM
14149Y108
668
7402
SH
SOLE
NONE
7402
0
0
CELGENE CORP
COM
151020104
2148
18712
SH
SOLE
NONE
18712
0
0
CF INDUSTRIES HOLDINGS INC
COM
125269100
447
1575
SH
SOLE
NONE
1575
0
0
CHEVRON TEXACO
COM
166764100
3818
36432
SH
SOLE
NONE
36432
0
0
CISCO SYSTEMS
COM
17275R102
4867
177479
SH
SOLE
NONE
177479
0
0
CITIGROUP INC
COM
172967424
3074
59864
SH
SOLE
NONE
59864
0
0
CME GROUP
COM
12572Q105
2823
29902
SH
SOLE
NONE
29902
0
0
COCA COLA COMPANY
COM
191216100
4162
102874
SH
SOLE
NONE
102874
0
0
COGNIZANT TECH SOLUTIONS
COM
192446102
7205
115730
SH
SOLE
NONE
115730
0
0
COLGATE-PALMOLIVE COMP
COM
194162103
298
4300
SH
SOLE
NONE
4300
0
0
COMCAST CORP
COM
20030N101
6387
113431
SH
SOLE
NONE
113431
0
0
CONOCO PHILLIPS
COM
20825C104
876
14076
SH
SOLE
NONE
14076
0
0
CONSOLIDATED EDISON INC
COM
209115104
1168
19153
SH
SOLE
NONE
19153
0
0
CVS CORP
COM
126650100
4844
47039
SH
SOLE
NONE
47039
0
0
DANAHER CORPORATION
COM
235851102
3344
39473
SH
SOLE
NONE
39473
0
0
DICK'S SPORTING GOODS
COM
253393102
3389
59593
SH
SOLE
NONE
59593
0
0
DISNEY
COM
254687106
4950
47244
SH
SOLE
NONE
47244
0
0
DUKE ENERGY CORPORATION
COM
26441C204
912
11868
SH
SOLE
NONE
11868
0
0
DUPONT E I DENEMOURS
COM
263534109
5043
70669
SH
SOLE
NONE
70669
0
0
EATON CORP PLC
COM
G29183103
5342
78793
SH
SOLE
NONE
78793
0
0
ECOLAB INC
COM
278865100
755
6600
SH
SOLE
NONE
6600
0
0
EMC INC
COM
268648102
4219
165458
SH
SOLE
NONE
165458
0
0
EMERSON ELECTIC CO
COM
291011104
1194
21650
SH
SOLE
NONE
21650
0
0
EXPRESS SCRIPTS HLDG CO
COM
30219G108
6762
78112
SH
SOLE
NONE
78112
0
0
EXXON MOBIL CORP
COM
30231G102
5966
70365
SH
SOLE
NONE
70365
0
0
F5 NETWORKS INC
COM
315616102
4379
38186
SH
SOLE
NONE
38186
0
0
GENERAL ELECTRIC COMPANY
COM
369604103
7151
288752
SH
SOLE
NONE
288752
0
0
GENERAL MILLS INC
COM
370334104
1231
21750
SH
SOLE
NONE
21750
0
0
GILEAD SCI INC
COM
375558103
455
4640
SH
SOLE
NONE
4640
0
0
GOOGLE INC A
COM
38259P508
10088
18230
SH
SOLE
NONE
18230
0
0
GOOGLE INC C
COM
38259P706
2978
5446
SH
SOLE
NONE
5446
0
0
GRAINGER WW INC
COM
384802104
490
2077
SH
SOLE
NONE
2077
0
0
HALLIBURTON CO
COM
406216101
4733
108079
SH
SOLE
NONE
108079
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
1557
13707
SH
SOLE
NONE
13707
0
0
HONEYWELL INTL INC
COM
438516106
5168
49627
SH
SOLE
NONE
49627
0
0
IBM
COM
459200101
689
4291
SH
SOLE
NONE
4291
0
0
INTEL INC
COM
458140100
1048
33667
SH
SOLE
NONE
33667
0
0
INTERCONTINENTAL EXCHANGE
COM
45865V100
3990
17106
SH
SOLE
NONE
17106
0
0
INTERCONTINENTAL EXCHANGE INC COM
COM
45866F104
31
159
SH
SOLE
NONE
159
0
0
INTERNATIONAL BUSINESS MACHS CORP COM
COM
459200101
32
202
SH
SOLE
NONE
202
0
0
ISHARES EUROPE SMALL CAP ETF
ETF
464288497
25
573
SH
SOLE
NONE
573
0
0
ISHARES TR 1-3 YR CR BD ETF
ETF
464288646
2232
21146
SH
SOLE
NONE
21146
0
0
ISHARES TR 2015 AMT-FREE MUN TERM ETF
ETF
464289339
651
12402
SH
SOLE
NONE
12402
0
0
ISHARES TR 2017 AMT-FREE MUN TERM ETF
ETF
464289271
232
4202
SH
SOLE
NONE
4202
0
0
ISHARES TR CORE CONSERVATIVE ALLOCATION ETF
ETF
464289883
33
1000
SH
SOLE
NONE
1000
0
0
ISHARES TR CORE S&P 500 ETF
ETF
464287200
2897
13941
SH
SOLE
NONE
13941
0
0
ISHARES TR CORE S&P MID-CAP ETF
ETF
464287507
1039
6836
SH
SOLE
NONE
6836
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
601
6631
SH
SOLE
NONE
6631
0
0
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF
ETF
464287242
480
3944
SH
SOLE
NONE
3944
0
0
ISHARES TR INTL TREASURY BD ETF
ETF
464288117
33
362
SH
SOLE
NONE
362
0
0
ISHARES TR ISHARES 2019 AMT-FREE MUNI TERM ETF
ETF
46429B564
309
12087
SH
SOLE
NONE
12087
0
0
ISHARES TR JPMORGAN USD EMERGING MKTS BD ETF
ETF
464288281
77
685
SH
SOLE
NONE
685
0
0
ISHARES TR MSCI EAFE ETF
ETF
464287465
1155
18000
SH
SOLE
NONE
18000
0
0
ISHARES TR MSCI EAFE SMALL CAP ETF
ETF
464288273
9
174
SH
SOLE
NONE
174
0
0
ISHARES TR MSCI EMERGING MKTS ETF
ETF
464287234
186
4632
SH
SOLE
NONE
4632
0
0
ISHARES TR NATL AMT FREE MUNI BD ETF
ETF
464288414
428
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
ETF
464287168
738
9475
SH
SOLE
NONE
9475
0
0
ISHARES TRUST
ETF
464287226
63122
566473
SH
SOLE
NONE
566473
0
0
ISHARES TRUST
ETF
464287499
3182
18382
SH
SOLE
NONE
18382
0
0
ISHARES TRUST
ETF
464287556
11435
33368
SH
SOLE
NONE
33368
0
0
ISHARES TRUST
ETF
464287655
36261
291559
SH
SOLE
NONE
291559
0
0
ISHARES TRUST
ETF
464288851
2347
32121
SH
SOLE
NONE
32121
0
0
JOHN HANCOCK HEDGED EQUITY & INCOME FD COM
CEF
47804L102
5
325
SH
SOLE
NONE
325
0
0
JOHNSON AND JOHNSON
COM
478160104
8826
87906
SH
SOLE
NONE
87906
0
0
JP MORGAN CHASE & CO
COM
46625H100
7200
119113
SH
SOLE
NONE
119113
0
0
KINDER MORGAN INC DEL COM
COM
49456B101
224
5314
SH
SOLE
NONE
5314
0
0
KRAFT FOODS GROUP INC
COM
50076Q106
954
10561
SH
SOLE
NONE
10561
0
0
LIBERTY ALL STAR EQUITY FD SBI
CEF
530158104
34
5884
SH
SOLE
NONE
5884
0
0
LOWES COMPANIES INC
COM
548661107
1693
22846
SH
SOLE
NONE
22846
0
0
MCDONALDS CORP
COM
580135101
1679
17228
SH
SOLE
NONE
17228
0
0
MERCK & CO INC
COM
58933Y105
1029
17890
SH
SOLE
NONE
17890
0
0
METLIFE INC
COM
59156R108
3085
61171
SH
SOLE
NONE
61171
0
0
METRONIC HLDG PLC
COM
G5960L103
6609
84745
SH
SOLE
NONE
84745
0
0
MICROSOFT INC
COM
594918104
11125
273642
SH
SOLE
NONE
273642
0
0
MONDELEZ INTL INC
COM
609207105
4850
134715
SH
SOLE
NONE
134715
0
0
MONSANTO COMPANY
COM
61166W101
1791
15990
SH
SOLE
NONE
15990
0
0
NEXTERA ENERGY INC
COM
65339F101
352
3380
SH
SOLE
NONE
3380
0
0
NIKE INC
COM
654106103
1648
16495
SH
SOLE
NONE
16495
0
0
NORDSTROM INC
COM
655664100
1682
21055
SH
SOLE
NONE
21055
0
0
NORFOLK SOUTHERN CORP
COM
655844108
4921
47921
SH
SOLE
NONE
47921
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
70
1145
SH
SOLE
NONE
1145
0
0
ONEOK PARTNERS L P UNIT LTD PARTNERSHIP
MLP
68268N103
18
444
SH
SOLE
NONE
444
0
0
ORACLE SYSTEMS INC
COM
68389X105
5687
132041
SH
SOLE
NONE
132041
0
0
PACIRA PHARMACEUTICALS INC COM
COM
695127100
52
582
SH
SOLE
NONE
582
0
0
PEPSICO INC
COM
713448108
5229
54796
SH
SOLE
NONE
54796
0
0
PFIZER INC
COM
717081103
5510
158682
SH
SOLE
NONE
158682
0
0
PHILIP MORRIS
COM
718172109
4368
58130
SH
SOLE
NONE
58130
0
0
POWERSHARES QQQ TR UNIT SER 1
ETF
73935A104
11
100
SH
SOLE
NONE
100
0
0
PRAXAIR INC
COM
74005P104
3219
26720
SH
SOLE
NONE
26720
0
0
PRICELINE COM INC
COM
741503403
7580
6511
SH
SOLE
NONE
6511
0
0
PRICELINE GRP INC COM NEW
COM
741503403
61
67
SH
SOLE
NONE
67
0
0
PROCTER AND GAMBLE COMPANY
COM
742718109
6248
76389
SH
SOLE
NONE
76389
0
0
PRUDENTIAL FINANCIAL INC
COM
744320102
3947
49252
SH
SOLE
NONE
49252
0
0
QUALCOMM INC
COM
747525103
2270
32915
SH
SOLE
NONE
32915
0
0
ROSS STORES INC
COM
778296103
234
2224
SH
SOLE
NONE
2224
0
0
ROYAL BANK CANADA
COM
780087102
1096
18156
SH
SOLE
NONE
18156
0
0
ROYAL DUTCH SHELL PLC ADR
COM
780259206
1016
17040
SH
SOLE
NONE
17040
0
0
SCHLUMBERGER LTD
COM
806857108
3513
42210
SH
SOLE
NONE
42210
0
0
SELECT SECTOR SPDR TR
ETF
81369Y506
1836
23660
SH
SOLE
NONE
23660
0
0
SELECT SECTOR SPDR TR
ETF
81369Y886
8493
191651
SH
SOLE
NONE
191651
0
0
SIFCO INDUSTRIES
COM
826546103
231
10602
SH
SOLE
NONE
10602
0
0
SOUTHERN COMPANY
COM
842587107
814
18402
SH
SOLE
NONE
18402
0
0
SPARTAN MTRS INC COM
COM
846819100
4
742
SH
SOLE
NONE
742
0
0
SPDR S & P 500 ETF TR
ETF
78462F103
21127
102718
SH
SOLE
NONE
102718
0
0
SPDR SER TR DOW JONES REIT ETF
ETF
78464A607
44
463
SH
SOLE
NONE
463
0
0
SPECTRA ENERGY PARTNERS LP COM
MLP
84756N109
88
1694
SH
SOLE
NONE
1694
0
0
STARBUCKS CORP
COM
855244109
7223
76445
SH
SOLE
NONE
76445
0
0
STARWOOD HOTELS & RESORTS
COM
85590A401
3220
38640
SH
SOLE
NONE
38640
0
0
STATE STR CORP DEP SHS SER-E 6.00% FREQ QRTLY CALLABLE@ 25 12/15/19 PERP MTY
ETF
857477889
60
2350
SH
SOLE
NONE
2350
0
0
STATE STREET CORP
COM
857477103
3004
40954
SH
SOLE
NONE
40954
0
0
TJX COMPANIES
COM
872540109
363
5175
SH
SOLE
NONE
5175
0
0
TOTAL S A
COM
89151E109
1037
20879
SH
SOLE
NONE
20879
0
0
UNITED PARCEL SERVICE
COM
911312106
544
5880
SH
SOLE
NONE
5880
0
0
UNITED TECHNOLOGIES INC
COM
913017109
3757
32120
SH
SOLE
NONE
32120
0
0
UNITEDHEALTH GROUP INC
COM
91324P102
3305
28006
SH
SOLE
NONE
28006
0
0
US BANCORP DEL
COM
902973304
3113
71446
SH
SOLE
NONE
71446
0
0
VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF
ETF
921937835
59
704
SH
SOLE
NONE
704
0
0
VANGUARD INDEX FDS
ETF
922908363
74998
396396
SH
SOLE
NONE
396396
0
0
VANGUARD INDEX FDS
ETF
922908553
6843
81382
SH
SOLE
NONE
81382
0
0
VANGUARD INDEX FDS
ETF
922908629
12962
97679
SH
SOLE
NONE
97679
0
0
VANGUARD INDEX FDS S&P 500 ETF SHS NEW
ETF
922908363
2209
11675
SH
SOLE
NONE
11675
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP ETF
ETF
922908751
308
2514
SH
SOLE
NONE
2514
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP GROWTH ETF
ETF
922908595
720
5464
SH
SOLE
NONE
5464
0
0
VANGUARD INDEX FDS VANGUARD SMALL-CAP VALUE ETF
ETF
922908611
732
6692
SH
SOLE
NONE
6692
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
378
9252
SH
SOLE
NONE
9252
0
0
VANGUARD SCOTTSDALE FDS
ETF
92206C730
9030
94313
SH
SOLE
NONE
94313
0
0
VANGUARD TAX-MANAGED INTL FD FTSE DEVELOPED MKTS ETF
ETF
921943858
525
13185
SH
SOLE
NONE
13185
0
0
VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS
ETF
921946406
3053
44694
SH
SOLE
NONE
44694
0
0
VERIZON COMMUNICATION
ETF
92343V104
5513
113578
SH
SOLE
NONE
113578
0
0
VISA INC
COM
92826C839
3557
54500
SH
SOLE
NONE
54500
0
0
WAL MART STORES INC COM
COM
931142103
46
565
SH
SOLE
NONE
565
0
0
WELLS FARGO & CO NEW COM STK
COM
949746101
5553
102255
SH
SOLE
NONE
102255
0
0
WISDOMTREE TR EMERGING MKTS EQUITY INCOME FD EQUITY
ETF
97717W315
28
658
SH
SOLE
NONE
658
0
0
WISDOMTREE TR EMERGING MKTS LOC DEBT FD
ETF
97717X867
40
1007
SH
SOLE
NONE
1007
0
0
WISDOMTREE TR EMERGING MKTS SMALL CAP
ETF
97717W281
35
785
SH
SOLE
NONE
785
0
0