ALERUS FINL CORP

Ticker: ALRS CUSIP: 01446U103 Class: Common Stock

GEODE CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001214717)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 603,392 Value ($000) $13,591 Avg Close $21.62 Range $20.12 - $23.60

Q3 2025

Shares 579,989 Value ($000) $12,844 Avg Close $21.76 Range $19.88 - $23.88

Q2 2025

Shares 561,336 Value ($000) $12,150 Avg Close $19.46 Range $15.34 - $21.90

Q1 2025

Shares 538,224 Value ($000) $9,938 Avg Close $19.14 Range $17.30 - $21.15

Q4 2024

Shares 524,195 Value ($000) $10,088 Avg Close $20.92 Range $17.68 - $23.23

Q3 2024

Shares 416,072 Value ($000) $9,522 Avg Close $20.17 Range $17.43 - $21.79

Q2 2024

Shares 400,106 Value ($000) $7,848 Avg Close $18.42 Range $16.87 - $20.39

Q1 2024

Shares 386,919 Value ($000) $8,447 Avg Close $20.31 Range $18.73 - $23.90

Q4 2023

Shares 378,147 Value ($000) $8,468 Avg Close $17.33 Range $15.40 - $21.17

Q3 2023

Shares 370,652 Value ($000) $6,739 Avg Close $17.09 Range $15.52 - $18.53

Q2 2023

Shares 352,366 Value ($000) $6,336 Avg Close $14.58 Range $11.77 - $17.64

Q1 2023

Shares 302,259 Value ($000) $4,851 Avg Close $17.63 Range $13.75 - $21.12

Q4 2022

Shares 290,572 Value ($000) $7 Avg Close $20.02 Range $18.60 - $21.30

Q3 2022

Shares 278,827 Value ($000) $6,162 Avg Close $20.65 Range $17.66 - $22.47

Q2 2022

Shares 304,815 Value ($000) $7,257 Avg Close $22.03 Range $19.59 - $24.05

Q1 2022

Shares 289,803 Value ($000) $8,010 Avg Close $24.94 Range $23.39 - $26.31

Q4 2021

Shares 282,214 Value ($000) $8,263 Avg Close $26.94 Range $23.38 - $32.88

Q3 2021

Shares 289,492 Value ($000) $8,650 Avg Close $24.55 Range $22.14 - $27.20

Q2 2021

Shares 287,869 Value ($000) $8,351 Avg Close $26.56 Range $23.39 - $28.77

Q1 2021

Shares 252,184 Value ($000) $7,510 Avg Close $24.66 Range $20.33 - $29.46

Q4 2020

Shares 186,229 Value ($000) $5,097 Avg Close $20.24 Range $16.19 - $24.46

Q3 2020

Shares 177,257 Value ($000) $3,474 Avg Close $16.93 Range $15.03 - $19.44

Q2 2020

Shares 116,820 Value ($000) $2,308 Avg Close $14.95 Range $12.55 - $18.00

Q1 2020

Shares 39,871 Value ($000) $658 Avg Close $16.44 Range $12.36 - $18.89

Q4 2019

Shares 32,118 Value ($000) $733 Avg Close $17.93 Range $17.26 - $19.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	603,392	$13,591	$21.62	$20.12 - $23.60
Q3 2025	579,989	$12,844	$21.76	$19.88 - $23.88
Q2 2025	561,336	$12,150	$19.46	$15.34 - $21.90
Q1 2025	538,224	$9,938	$19.14	$17.30 - $21.15
Q4 2024	524,195	$10,088	$20.92	$17.68 - $23.23
Q3 2024	416,072	$9,522	$20.17	$17.43 - $21.79
Q2 2024	400,106	$7,848	$18.42	$16.87 - $20.39
Q1 2024	386,919	$8,447	$20.31	$18.73 - $23.90
Q4 2023	378,147	$8,468	$17.33	$15.40 - $21.17
Q3 2023	370,652	$6,739	$17.09	$15.52 - $18.53
Q2 2023	352,366	$6,336	$14.58	$11.77 - $17.64
Q1 2023	302,259	$4,851	$17.63	$13.75 - $21.12
Q4 2022	290,572	$7	$20.02	$18.60 - $21.30
Q3 2022	278,827	$6,162	$20.65	$17.66 - $22.47
Q2 2022	304,815	$7,257	$22.03	$19.59 - $24.05
Q1 2022	289,803	$8,010	$24.94	$23.39 - $26.31
Q4 2021	282,214	$8,263	$26.94	$23.38 - $32.88
Q3 2021	289,492	$8,650	$24.55	$22.14 - $27.20
Q2 2021	287,869	$8,351	$26.56	$23.39 - $28.77
Q1 2021	252,184	$7,510	$24.66	$20.33 - $29.46
Q4 2020	186,229	$5,097	$20.24	$16.19 - $24.46
Q3 2020	177,257	$3,474	$16.93	$15.03 - $19.44
Q2 2020	116,820	$2,308	$14.95	$12.55 - $18.00
Q1 2020	39,871	$658	$16.44	$12.36 - $18.89
Q4 2019	32,118	$733	$17.93	$17.26 - $19.24