Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES TRUST	493,361	$56.92M	7.9%	—	—	CORE TOTUSBD ETF	464287226
VOO	VANGUARD INDEX FDS	239,903	$56.81M	7.9%	—	—	S&P 500 EFT SH	922908363
MSFT	MICROSOFT INC	314,443	$49.59M	6.9%	—	—	COM	594918104
IWM	ISHARES TRUST	298,479	$34.16M	4.7%	—	—	RUSSELL 2000	464287655
ALRS	ALERUS FINANCIAL CORP	2,009,155	$33.19M	4.6%	—	—	COM	01446U103
SPY	SPDR S &P 500 ETF TR	95,165	$24.53M	3.4%	—	—	TR UNIT	78462F103
AAPL	APPLE COMPUTER	88,180	$22.42M	3.1%	—	—	COM	037833100
AMZN	AMAZON .COM INC	7,019	$13.69M	1.9%	—	—	COM	023135106
XLK	SELECT SECTOR SPDR TR	145,738	$11.71M	1.6%	—	—	TECHNOLOGY	81369Y803
JPM	JP MORGAN CHASE & CO	128,091	$11.53M	1.6%	—	—	COM	46625H100
GOOGL	ALPHABET INC	9,554	$11.1M	1.5%	—	—	COM	02079K305
VCLT	VANGUARD SCOTTSDALE FDS	111,372	$10.82M	1.5%	—	—	SHORT TERM TREAS	92206C813
GLD	SPDR GOLD TRUST	72,580	$10.74M	1.5%	—	—	GOLD SHS	78463V107
IWR	ISHARES RUSSELL MIDCAP	235,415	$10.16M	1.4%	—	—	X FDETF	464287499
BRK/B	BERKSHIRE HATHAWAY	52,861	$9.665M	1.3%	—	—	CL B NEW	084670702
MRK	MERCK & CO INC	116,942	$8.998M	1.2%	—	—	COM	58933Y105
META	FACEBOOK INC	52,534	$8.763M	1.2%	—	—	COM	30303M102
V	VISA INC	53,999	$8.7M	1.2%	—	—	COM CL A	92826C839
JNJ	JOHNSON AND JOHNSON	63,602	$8.34M	1.2%	—	—	COM	478160104
TXN	TEXAS INSTRUMENTS INC	75,346	$7.529M	1.0%	—	—	COM	882508104
XLV	SELECT SECTOR SPDR TR	83,814	$7.424M	1.0%	—	—	SBI HEALTHCARE	81369Y209
IWN	ISHARES TRUST	89,311	$7.326M	1.0%	—	—	RUS 2000 VAL ETF	464287630
XLP	SELECT SECTOR SPDR TR	128,866	$7.019M	1.0%	—	—	SBI CONS STPLS	81369Y308
UNH	UNITEDHEALTH GROUP INC	27,705	$6.909M	1.0%	—	—	COM	91324P102
XLI	SELECT SECTOR SPDR TR	109,988	$6.49M	0.9%	—	—	SBI INT-INDS	81369Y704
VONE	VANGUARD SCOTTSDALE FDS	52,414	$6.145M	0.9%	—	—	VNG RUS1000IDX	92206C730
MDT	MEDTRONIC HLDG PLC	65,555	$5.912M	0.8%	—	—	SHS	G5960L103
BAC	BANK OF AMERICA	265,661	$5.64M	0.8%	—	—	COM	060505104
TLT	ISHARES TRUST	33,852	$5.585M	0.8%	—	—	20 YR TR BD ETF	464287432
ETN	EATON CORP PLC	67,368	$5.234M	0.7%	—	—	SHS	G29183103
AMT	AMERICAN TOWER CORP	23,863	$5.196M	0.7%	—	—	COM	03027X100
LMT	LOCKHEED MARTIN CORP	15,163	$5.14M	0.7%	—	—	COM	539830109
VNQ	VANGUARD INDEX FDS	73,343	$5.123M	0.7%	—	—	REIT ETF	922908553
ACN	ACCENTURE PLC IRELAND	30,886	$5.042M	0.7%	—	—	SHS CLASS A	G1151C101
ICE	INTERCONTINENTAL EXCHAN	62,085	$5.013M	0.7%	—	—	COM	45866F104
PFE	PFIZER INC	149,734	$4.887M	0.7%	—	—	COM	717081103
ABT	ABBOTT LABORATORIES	60,465	$4.771M	0.7%	—	—	COM	002824100
HD	HOME DEPOT INC	25,329	$4.729M	0.7%	—	—	COM	437076102
ADBE	ADOBE SYSTEMS INC	14,562	$4.634M	0.6%	—	—	COM	00724F101
VZ	VERIZON COMMUNICATION	85,660	$4.603M	0.6%	—	—	COM	92343V104
CRM	SALESFORCE.COM INC	31,629	$4.554M	0.6%	—	—	COM	79466L302
DHR	DANAHER CORPORATION	32,725	$4.529M	0.6%	—	—	COM	235851102
INTC	INTEL INC	83,587	$4.524M	0.6%	—	—	COM	458140100
IEF	ISHARES TRUST	36,095	$4.385M	0.6%	—	—	7-10 Y TR BD ETF	464287440
HON	HONEYWELL INTL INC	32,684	$4.373M	0.6%	—	—	COM	438516106
DUK	DUKE ENERGY CORP NEW	53,858	$4.356M	0.6%	—	—	COM NEW	26441C204
TGT	TARGET CORP	46,762	$4.347M	0.6%	—	—	COM	87612E106
MDLZ	MONDELEZ INTL INC	85,099	$4.262M	0.6%	—	—	CL A	609207105
AXP	AMERICAN EXPRESS CO	49,142	$4.207M	0.6%	—	—	COM	025816109
AVGO	BROADCOM INC	17,533	$4.157M	0.6%	—	—	COM	11135F101
IBM	IBM	36,946	$4.098M	0.6%	—	—	COM	459200101
T	AT&T INC	140,369	$4.092M	0.6%	—	—	COM	00206R102
PG	PROCTER AND GAMBLE COMP	36,723	$4.04M	0.6%	—	—	COM	742718109
TMO	THERMO FISHER SCIENTIFIC	14,110	$4.002M	0.6%	—	—	COM	883556102
MCD	MCDONALDS CORP	23,630	$3.907M	0.5%	—	—	COM	580135101
PM	PHILIP MORRIS	52,696	$3.845M	0.5%	—	—	COM	718172109
CVX	CHEVRON TEXACO	53,053	$3.844M	0.5%	—	—	COM	166764100
—	ACTIVISION BLIZZARD INC	64,191	$3.818M	0.5%	—	—	COM	00507V109
NSC	NORFOLK SOUTHERN CORP	25,960	$3.79M	0.5%	—	—	COM	655844108
BDX	BECTON DICKINSON & COMP	16,297	$3.745M	0.5%	—	—	COM	075887109
CL	COLGATE-PALMOLIVE	56,184	$3.728M	0.5%	—	—	COM	194162103
NVDA	NIVIDIA CORP	14,082	$3.712M	0.5%	—	—	COM	67066G104
SO	SOUTHERN COMPANY	67,981	$3.68M	0.5%	—	—	COM	842587107
—	LINDE PLC	19,937	$3.449M	0.5%	—	—	COM	G5494J103
WFC	WELLS FARGO & CO NEW CO	114,202	$3.278M	0.5%	—	—	K COM	949746101
NEE	NEXTERA ENERGY INC	13,364	$3.216M	0.4%	—	—	COM	65339F101
EMR	EMERSON ELECTIC CO	65,342	$3.114M	0.4%	—	—	COM	291011104
CVS	CVS CORP	51,288	$3.043M	0.4%	—	—	COM	126650100
CSCO	CISCO SYSTEMS	76,267	$2.998M	0.4%	—	—	COM	17275R102
—	GLAXOSMITHKLINE PLC	78,406	$2.971M	0.4%	—	—	SPONSORED ADR	37733W105
LOW	LOWES COMPANIES INC	32,193	$2.77M	0.4%	—	—	COM	548661107
AEP	AMERICAN ELECTRIC POWER	33,527	$2.682M	0.4%	—	—	COM	025537101
TTWO	TAKE-2 INTERACTIVE SOFTWAR	22,515	$2.671M	0.4%	—	—	COM	874054109
LVS	LAS VEGAS SANDS CORP	60,654	$2.576M	0.4%	—	—	COM	517834107
ECL	ECOLAB INC	16,464	$2.566M	0.4%	—	—	COM	278865100
NFLX	NETFLIX INC	6,825	$2.563M	0.4%	—	—	COM	64110L106
ROST	ROSS STORES INC	29,155	$2.536M	0.4%	—	—	COM	778296103
NKE	NIKE INC	30,511	$2.524M	0.3%	—	—	COM	654106103
DIS	DISNEY	24,769	$2.393M	0.3%	—	—	COM	254687106
PRU	PRUDENTIAL FINANCIAL IN	45,474	$2.371M	0.3%	—	—	COM	744320102
XEL	XCEL ENERGY INC	35,261	$2.126M	0.3%	—	—	COM	98389B100
EA	ELECTRONIC ARTS INC DEL	20,257	$2.029M	0.3%	—	—	COM	285512109
CHTR	CHARTER COMMUNICATIONS INC	4,643	$2.026M	0.3%	—	—	COM	16119P108
BALL	BALL CORPORATION	30,936	$2M	0.3%	—	—	COM	058498106
SYK	STRYKER CORP	11,898	$1.981M	0.3%	—	—	COM	863667101
FTV	FORTIVE CORP	34,828	$1.922M	0.3%	—	—	COM	34959J108
WMT	WAL-MART STORES INC	16,500	$1.875M	0.3%	—	—	COM	931142103
MET	METLIFE INC	60,326	$1.844M	0.3%	—	—	COM	59156R108
DG	DOLLAR GEN CORP NEW	12,112	$1.829M	0.3%	—	—	COM	256677105
SBAC	SBA COMMUNICATIONS	6,577	$1.776M	0.2%	—	—	CL A	78410G104
XLU	SELECT SECTOR SPDR TR	31,984	$1.772M	0.2%	—	—	SBI INT-UTILS	81369Y886
BSX	BOSTON SCIENTIFIC	51,872	$1.693M	0.2%	—	—	COM	101137107
—	RAYTHEON CO	12,242	$1.606M	0.2%	—	—	COM	755111507
TJX	TJX COMPANIES	29,854	$1.427M	0.2%	—	—	COM	872540109
EL	LAUDER ESTEE COS INC	8,623	$1.374M	0.2%	—	—	CL A	518439104
XOM	EXXON MOBIL CORP	32,887	$1.249M	0.2%	—	—	COM	30231G102
—	TOTAL S A	32,303	$1.203M	0.2%	—	—	SPONSORED ADR	89151E109
ISRG	INTUITIVE SURGICAL INC	2,353	$1.165M	0.2%	—	—	COM NEW	46120E602
IVV	ISHARES TRUST	4,395	$1.136M	0.2%	—	—	CORE S&P500 ETF	464287200
XLF	SELECT SECTOR SPDR TR	52,373	$1.09M	0.2%	—	—	SBI INT-FINL	81369Y605
CAG	CONAGRA FOOD INC	35,131	$1.031M	0.1%	—	—	COM	205887102
IYR	ISHARES TRUST	14,507	$1.009M	0.1%	—	—	US REAL ES ETF	464287739
MAR	MARRIOTT INTERNATIONAL INC	13,478	$1.008M	0.1%	—	—	COM	571903202
KO	COCA COLA COMPANY	22,648	$1.002M	0.1%	—	—	COM	191216100
IVW	ISHARES S&P 500 GROWTH	5,969	$985K	0.1%	—	—	ETF	464287309
—	UNITED TECHNOLOGIES CORP	10,009	$944K	0.1%	—	—	COM	913017109
—	ROYAL DUTCH SHELL PLC	26,169	$913K	0.1%	—	—	SPONSORED ADR	780259206
CMCSA	COMCAST CORP	26,548	$913K	0.1%	—	—	COM	20030N101
VO	VANGUARD INDEX FDS	6,208	$817K	0.1%	—	—	MID CAP ETF	922908629
ADSK	AUTODESK INC	5,124	$800K	0.1%	—	—	COM	052769106
XBI	SPDR SERIES TRUST	9,975	$772K	0.1%	—	—	S&P BIOTECH	78464A870
ELV	ANTHEM INC	3,088	$701K	0.1%	—	—	COM	036752103
XLC	SELECT SECTOR SPDR TR	15,791	$699K	0.1%	—	—	COMMUNICATION	81369Y852
VV	VANGUARD INDEX FDS	5,705	$676K	0.1%	—	—	LARGE CAP ETF	922908637
GILD	GILEAD SCIENCES INC	9,018	$674K	0.1%	—	—	COM	375558103
SYY	SYSCO CORPORATION	14,446	$659K	0.1%	—	—	COM	871829107
PEP	PEPSICO INC	5,205	$625K	0.1%	—	—	COM	713448108
REYN	REYNOLDS CONSUMER PRODS	21,334	$622K	0.1%	—	—	COM	76171L106
DVY	ISHARES TRUST	8,458	$622K	0.1%	—	—	DJ SEL DIV INX	464287168
IBB	ISHARES TRUST	5,461	$588K	0.1%	—	—	NASDQ BIO INDX	464287556
—	BLACKROCK INC	1,325	$583K	0.1%	—	—	COM	09247X101
RY	ROYAL BANK CANADA	9,222	$568K	0.1%	—	—	COM	780087102
DLTR	DOLLAR TREE INC	6,906	$507K	0.1%	—	—	COM	256746108
EFG	ISHARES TRUST	7,060	$502K	0.1%	—	—	EAFE GRWTH ETF	464288885
IEO	ISHARES TRUST	20,167	$461K	0.1%	—	—	US OIL GS EX ETF	464288851
ORCL	ORACLE CORPORATION	8,576	$414K	0.1%	—	—	COM	68389X105
BND	VANGUARD BD INDEX FD INC	4,789	$409K	0.1%	—	—	TOTAL BND MRKT	921937835
C	CITIGROUP INC	9,394	$396K	0.1%	—	—	COM	172967424
ZM	ZOOM VIDEO COMMUNICATIONS INC	2,700	$395K	0.1%	—	—	COM	98980L101
IJH	ISHARES TRUST	2,657	$382K	0.1%	—	—	CORE S&P MCP ETF	464287507
EFV	ISHARES TRUST	10,408	$371K	0.1%	—	—	EAFE VALUE ETF	464288877
IJR	ISHARES TRUST	6,404	$359K	0.0%	—	—	CORE S&P SCP ETF	464287804
CTSH	COGNIZANT TECH SOLUTION	7,008	$326K	0.0%	—	—	COM	192446102
IJK	ISHARES TRUST	1,696	$303K	0.0%	—	—	S&P MC 400GR ETF	464287606
USB	US BANCORP DEL	8,531	$294K	0.0%	—	—	COM NEW	902973304
BRK/A	BERKSHIRE HATHAWAY	1	$272K	0.0%	—	—	CL A	084670108
POWA	INVESCO EXCH TRD SLF IDX FD	5,786	$259K	0.0%	—	—	DEFENSIVE EQTY	46138J775
BA	BOEING COMPANY	1,685	$251K	0.0%	—	—	COM	097023105
EEM	ISHARES TRUST	7,290	$249K	0.0%	—	—	MSCI EMG MKT ETF	464287234
SCHD	SCHWAB STRATEGIC TR	5,498	$247K	0.0%	—	—	US DIVIDEND EQ	808524797
COST	COSTCO WHSL CORP	833	$238K	0.0%	—	—	COM	22160K105
PYPL	PAYPAL HLDGS INC	2,288	$219K	0.0%	—	—	COM	70450Y103
MKC	MCCORMICK & CO	1,554	$219K	0.0%	—	—	COM	579780206
CHE	CHEMED CORP	500	$217K	0.0%	—	—	COM	16359R103
—	ALLETE COM	3,550	$215K	0.0%	—	—	COM	018522300
CF	CF INDUSTRIES HOLDINGS	7,875	$214K	0.0%	—	—	COM	125269100
CME	CME GROUP	1,230	$213K	0.0%	—	—	COM	12572Q105
BKNG	BOOKING HLDGS INC	158	$213K	0.0%	—	—	COM	09857L108
RSPH	INVESCO EXCHANGE TRADED FD T	1,095	$207K	0.0%	—	—	S&P500 EQL HLT	46137V332
—	GENERAL ELECTRIC COMPAN	18,700	$148K	0.0%	—	—	COM	369604103
—	BBX CAP CORP NEW	10,000	$23,000	0.0%	—	—	CL A	05491N104