Instuitional Investor - Alerus Financial Na

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds - S&P 500 ETF SHS		689,344	$483,133,518	21.3%
2.	Dimensional Etf Trust	DFAC	8,335,573	$308,582,912	13.6%
3.	Ishares Trust	IEF	1,278,724	$136,452,670	6.02%
4.	Ishares Trust	HYG	842,292	$80,009,317	3.53%
5.	Nvidia Corp	NVDA	329,915	$75,345,988	3.32%