The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T INC COM 00206R102 5,062 175,888 SH   SOLE   175,888 0 0
ABBOTT LABORATORIES COM 002824100 6,705 57,835 SH   SOLE   57,835 0 0
ACTIVISION BLIZZARD INC COM 00507V109 1,918 20,099 SH   SOLE   20,099 0 0
ADOBE SYSTEMS INC COM 00724F101 4,339 7,408 SH   SOLE   7,408 0 0
ADVANCE AUTO PARTS INC COM 00751Y106 1,234 6,014 SH   SOLE   6,014 0 0
ALERUS FINANCIAL CORP COM 01446U103 3,403 117,318 SH   SOLE   117,318 0 0
ALERUS FINANCIAL CORP COM 01446U103 53,359 1,839,341 SH   OTR   0 0 1,839,341
ALLETE COM COM 018522300 218 3,116 SH   SOLE   3,116 0 0
ALLIANCE DATA SYSTEMS COM 018581108 1,568 15,045 SH   SOLE   15,045 0 0
ALLY FINANCIAL INC COM 02005N100 1,169 23,464 SH   SOLE   23,464 0 0
ALPHABET INC COM 02079K305 23,315 9,548 SH   SOLE   9,548 0 0
AMAZON.COM INC COM 023135106 22,000 6,395 SH   SOLE   6,395 0 0
AMERICAN EXPRESS CO COM 025816109 3,753 22,717 SH   SOLE   22,717 0 0
AMERICAN TOWER CORP COM 03027X100 3,299 12,212 SH   SOLE   12,212 0 0
ANALOG DEVICES INC COM 032654105 2,780 16,147 SH   SOLE   16,147 0 0
APPLE COMPUTER COM 037833100 43,116 314,811 SH   SOLE   314,811 0 0
BANK OF AMERICA COM 060505104 9,600 232,837 SH   SOLE   232,837 0 0
BERKSHIRE HATHAWAY CL A 084670108 419 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY CL B NEW 084670702 885 3,185 SH   SOLE   3,185 0 0
BLACKROCK INC COM 09247X101 2,095 2,394 SH   SOLE   2,394 0 0
BLACKSTONE GROUP INC COM CL A 09260D107 4,260 43,859 SH   SOLE   43,859 0 0
BOOKING HOLDINGS INC COM 09857L108 1,311 599 SH   SOLE   599 0 0
BOSTON SCIENTIFIC COM 101137107 1,806 42,251 SH   SOLE   42,251 0 0
BRINKER INTERNATIONAL INC COM 109641100 1,192 19,268 SH   SOLE   19,268 0 0
BROADCOM INC COM 11135F101 7,628 15,998 SH   SOLE   15,998 0 0
CVS CORP COM 126650100 3,633 43,538 SH   SOLE   43,538 0 0
CATERPILLAR TRACTOR COMPANY COM 149123101 5,215 23,965 SH   SOLE   23,965 0 0
CHARTER COMMUNICATIONS INC COM 16119P108 308 428 SH   SOLE   428 0 0
CHEMED CORP COM 16359R103 237 500 SH   SOLE   500 0 0
CHEVRON TEXACO COM 166764100 3,561 33,998 SH   SOLE   33,998 0 0
CISCO SYSTEMS COM 17275R102 524 9,878 SH   SOLE   9,878 0 0
COCA COLA COMPANY COM 191216100 8,835 163,267 SH   SOLE   163,267 0 0
COMCAST CORP COM 20030N101 342 6,004 SH   SOLE   6,004 0 0
CONAGRA FOOD INC COM 205887102 237 6,512 SH   SOLE   6,512 0 0
COSTCO WHSL CORP COM 22160K105 280 708 SH   SOLE   708 0 0
DANAHER CORPORATION COM 235851102 5,934 22,112 SH   SOLE   22,112 0 0
DEERE & CO COM 244199105 6,802 19,285 SH   SOLE   19,285 0 0
DELTA AIRLINES COM 247361702 2,070 47,848 SH   SOLE   47,848 0 0
DISNEY COM 254687106 8,590 48,870 SH   SOLE   48,870 0 0
DOLLAR GEN CORP NEW COM 256677105 2,692 12,440 SH   SOLE   12,440 0 0
DOW INC COM 260557103 4,893 77,322 SH   SOLE   77,322 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 3,719 37,670 SH   SOLE   37,670 0 0
ECOLAB INC COM 278865100 1,217 5,908 SH   SOLE   5,908 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 2,983 28,807 SH   SOLE   28,807 0 0
ELANCO ANIMAL HEALTH INC COM 28414H103 2,059 59,341 SH   SOLE   59,341 0 0
ELECTRONIC ARTS INC DEL COM 285512109 1,342 9,324 SH   SOLE   9,324 0 0
EMERSON ELECTIC CO COM 291011104 5,062 52,597 SH   SOLE   52,597 0 0
EQUINIX INC COM 29444U700 2,171 2,705 SH   SOLE   2,705 0 0
EXPEDIA GROUP INC COM NEW 30212P303 1,023 6,251 SH   SOLE   6,251 0 0
EXXON MOBIL CORP COM COM 30231G102 2,238 35,481 SH   SOLE   35,481 0 0
FACEBOOK INC COM 30303M102 13,730 39,489 SH   SOLE   39,489 0 0
FEDEX CORPORATION COM 31428X106 207 694 SH   SOLE   694 0 0
FORTIVE CORP COM 34959J108 2,189 31,393 SH   SOLE   31,393 0 0
FREEPORT-MCMORAN INC CL B 35671D857 2,923 78,776 SH   SOLE   78,776 0 0
GENERAL ELECTRIC COMPAN COM 369604103 292 21,706 SH   SOLE   21,706 0 0
GENERAL MOTORS CO COM 37045V100 1,427 24,112 SH   SOLE   24,112 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,230 5,876 SH   SOLE   5,876 0 0
GRAINGER W W INC COM 384802104 472 1,078 SH   SOLE   1,078 0 0
HASBRO INC COM 418056107 4,886 51,695 SH   SOLE   51,695 0 0
HERSHEY FOODS CORPORATION COM 427866108 1,256 7,213 SH   SOLE   7,213 0 0
HOME DEPOT INC COM 437076102 9,831 30,829 SH   SOLE   30,829 0 0
HONEYWELL INTL INC COM 438516106 1,813 8,265 SH   SOLE   8,265 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,289 75,418 SH   SOLE   75,418 0 0
IDEXX LABORATORIES COM 45168D104 296 468 SH   SOLE   468 0 0
INOVIO PHARMACEUTICALS INC COM NEW 45773H201 185 20,000 SH   SOLE   20,000 0 0
INTEL INC COM 458140100 765 13,618 SH   SOLE   13,618 0 0
INTERCONTINENTAL EXCHAN COM 45866F104 3,877 32,661 SH   SOLE   32,661 0 0
IBM COM 459200101 5,307 36,200 SH   SOLE   36,200 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 3,597 3,911 SH   SOLE   3,911 0 0
IQVIA HOLDINGS INC COM 46266C105 3,752 15,487 SH   SOLE   15,487 0 0
ISHARES TRUST DJ SEL DIV INX 464287168 986 8,458 SH   SOLE   8,458 0 0
ISHARES TRUST CORE S&P500 ETF 464287200 2,068 4,810 SH   SOLE   4,810 0 0
ISHARES TRUST CORE TOTUSBD ETF 464287226 68,194 591,298 SH   SOLE   591,298 0 0
ISHARES TRUST MSCI EMG MKT ETF 464287234 437 7,920 SH   SOLE   7,920 0 0
ISHARES S&P 500 GROWTH ETF 464287309 1,726 23,727 SH   SOLE   23,727 0 0
ISHARES TRUST S & P 500 VAL ETF 464287408 230 1,561 SH   SOLE   1,561 0 0
ISHARES TRUST 7-10 Y TR BD ETF 464287440 395 3,421 SH   SOLE   3,421 0 0
ISHARES TRUST MSCI EAFE ETF 464287465 216 2,744 SH   SOLE   2,744 0 0
ISHARES RUSSELL MIDCAP X FDETF 464287499 29,915 377,517 SH   SOLE   377,517 0 0
ISHARES TRUST CORE S&P MCP ETF 464287507 714 2,657 SH   SOLE   2,657 0 0
ISHARES TRUST PHLX SEMICOND ETF 464287523 2,662 5,861 SH   SOLE   5,861 0 0
ISHARES TRUST NASDQ BIO INDX 464287556 3,886 23,747 SH   SOLE   23,747 0 0
ISHARES TRUST S&P MC 400GR ETF 464287606 549 6,784 SH   SOLE   6,784 0 0
ISHARES TRUST RUSSELL 2000 464287655 44,892 195,718 SH   SOLE   195,718 0 0
ISHARES TRUST S&P MC 400VL ETF 464287705 272 2,584 SH   SOLE   2,584 0 0
ISHARES TRUST CORE S&P SCP ETF 464287804 724 6,404 SH   SOLE   6,404 0 0
ISHARES TRUST EAFE VALUE ETF 464288877 539 10,408 SH   SOLE   10,408 0 0
ISHARES TRUST EAFE GRWTH ETF 464288885 757 7,060 SH   SOLE   7,060 0 0
JP MORGAN CHASE & CO COM 46625H100 18,055 116,079 SH   SOLE   116,079 0 0
JOHNSON AND JOHNSON COM 478160104 4,730 28,711 SH   SOLE   28,711 0 0
LAM RESEARCH CORP COM 512807108 6,078 9,341 SH   SOLE   9,341 0 0
LAUDER ESTEE COS INC CL A 518439104 4,866 15,297 SH   SOLE   15,297 0 0
LILLY ELI & CO COM 532457108 4,140 18,038 SH   SOLE   18,038 0 0
LINCOLN NATIONAL CORP IND COM 534187109 1,697 27,000 SH   SOLE   27,000 0 0
LIVE NATION ENTERTAINMENT INC COM 538034109 3,405 38,879 SH   SOLE   38,879 0 0
LOCKHEED MARTIN CORP COM 539830109 5,879 15,539 SH   SOLE   15,539 0 0
LOWES COMPANIES INC COM 548661107 2,077 10,708 SH   SOLE   10,708 0 0
LYFT INC CL A COM 55087P104 3,248 53,707 SH   SOLE   53,707 0 0
MARSH & MCLENNAN COS INC COM 571748102 2,080 14,787 SH   SOLE   14,787 0 0
MASTERCARD INCORPORATED COM 57636Q104 8,863 24,276 SH   SOLE   24,276 0 0
MCDONALDS CORP COM 580135101 300 1,300 SH   SOLE   1,300 0 0
MERCK & CO INC COM 58933Y105 3,743 48,129 SH   SOLE   48,129 0 0
METLIFE INC COM 59156R108 5,017 83,833 SH   SOLE   83,833 0 0
MICROSOFT INC COM 594918104 42,194 155,753 SH   SOLE   155,753 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 2,324 15,523 SH   SOLE   15,523 0 0
MID-AMER APT COMMUNITIES INC COM 59522J103 1,434 8,516 SH   SOLE   8,516 0 0
MOLINA HEALTHCARE INC COM 60855R100 1,098 4,341 SH   SOLE   4,341 0 0
MOLSON COORS BEVERAGE CO COM 60871R209 2,581 48,064 SH   SOLE   48,064 0 0
MONDELEZ INTL INC CL A 609207105 260 4,169 SH   SOLE   4,169 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 659 7,210 SH   SOLE   7,210 0 0
MORGAN STANLEY COM NEW 617446448 5,272 57,500 SH   SOLE   57,500 0 0
NETFLIX INC COM 64110L106 1,885 3,568 SH   SOLE   3,568 0 0
NEWELL BRANDS INC COM 651229106 2,733 99,508 SH   SOLE   99,508 0 0
NEXTERA ENERGY INC COM 65339F101 2,034 27,764 SH   SOLE   27,764 0 0
NIKE INC COM 654106103 5,655 36,601 SH   SOLE   36,601 0 0
NORFOLK SOUTHERN CORP COM 655844108 5,824 21,942 SH   SOLE   21,942 0 0
NUCOR CORPORATION COM 670346105 337 3,512 SH   SOLE   3,512 0 0
NIVIDIA CORP COM 67066G104 8,874 11,092 SH   SOLE   11,092 0 0
O REILLY AUTOMOTIVE INC COM 67103H107 228 403 SH   SOLE   403 0 0
OMNICOM GROUP INC COM 681919106 4,884 61,061 SH   SOLE   61,061 0 0
OTTER TAIL CORP COM 689648103 201 4,117 SH   SOLE   4,117 0 0
PAYPAL HLDGS INC COM 70450Y103 704 2,416 SH   SOLE   2,416 0 0
PEPSICO INC COM 713448108 354 2,389 SH   SOLE   2,389 0 0
PFIZER INC COM 717081103 4,988 127,375 SH   SOLE   127,375 0 0
PHILIP MORRIS COM 718172109 4,418 44,573 SH   SOLE   44,573 0 0
PROCTER AND GAMBLE COMP COM 742718109 498 3,691 SH   SOLE   3,691 0 0
PRUDENTIAL FINANCIAL IN COM 744320102 5,493 53,609 SH   SOLE   53,609 0 0
QUALCOMM INC COM 747525103 579 4,050 SH   SOLE   4,050 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 1,847 21,651 SH   SOLE   21,651 0 0
RESTURANT BRANDS INTERNATIONAL INC COM 76131D103 4,719 73,232 SH   SOLE   73,232 0 0
RIO TINTO PLC SPONSORED ADR 767204100 2,501 29,815 SH   SOLE   29,815 0 0
ROSS STORES INC COM 778296103 2,399 19,347 SH   SOLE   19,347 0 0
SPDR S &P 500 ETF TR TR UNIT 78462F103 1,779 4,155 SH   SOLE   4,155 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 12,021 72,580 SH   SOLE   72,580 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 3,766 27,816 SH   SOLE   27,816 0 0
SALESFORCE.COM INC COM 79466L302 7,688 31,474 SH   SOLE   31,474 0 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 206 2,720 SH   SOLE   2,720 0 0
SELECT SECTOR SPDR ETF SBI MATERIALS 81369Y100 2,362 28,702 SH   SOLE   28,702 0 0
SELECT SECTOR SPDR ETF SBI HEALTHCARE 81369Y209 4,092 32,492 SH   SOLE   32,492 0 0
SELECT SECTOR SPDR ETF SBI CONS DISCR 81369Y407 1,482 8,302 SH   SOLE   8,302 0 0
SELECT SECTOR SPDR ETF ENERGY 81369Y506 14,831 275,309 SH   SOLE   275,309 0 0
SELECT SECTOR SPDR ETF SBI INT-INDS 81369Y704 1,436 14,020 SH   SOLE   14,020 0 0
SELECT SECTOR SPDR ETF TECHNOLOGY 81369Y803 4,177 28,290 SH   SOLE   28,290 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,372 37,518 SH   SOLE   37,518 0 0
SELECTA BIOSCIENCES, INC COM 816212104 42 10,000 SH   SOLE   10,000 0 0
SHERWIN WILLIAMS CO COM 824348106 1,368 5,022 SH   SOLE   5,022 0 0
SIMON PROPERTY GROUP INC NEW COM 828806109 1,986 15,220 SH   SOLE   15,220 0 0
SOUTHERN COMPANY COM 842587107 2,413 39,879 SH   SOLE   39,879 0 0
STRYKER CORP COM 863667101 4,040 15,554 SH   SOLE   15,554 0 0
SYNCHRONY FINANCIAL COM 87165B103 1,462 30,133 SH   SOLE   30,133 0 0
SYSCO CORPORATION COM 871829107 4,847 62,347 SH   SOLE   62,347 0 0
TJX COMPANIES COM 872540109 3,221 47,780 SH   SOLE   47,780 0 0
TAKE-2 INTERACTIVE SOFTWAR COM 874054109 5,813 32,835 SH   SOLE   32,835 0 0
TARGET CORP COM 87612E106 4,582 18,956 SH   SOLE   18,956 0 0
TESLA INC COM 88160R101 2,997 4,410 SH   SOLE   4,410 0 0
TEXAS INSTRUMENTS INC COM 882508104 9,201 47,847 SH   SOLE   47,847 0 0
THERMO FISHER SCIENTIFIC COM 883556102 4,637 9,192 SH   SOLE   9,192 0 0
TOTAL S A SPONSORED ADR 89151E109 1,859 41,084 SH   SOLE   41,084 0 0
US BANCORP DEL COM NEW 902973304 4,596 80,681 SH   SOLE   80,681 0 0
UNITED AIRLS HLDGS INC COM 910047109 1,721 32,920 SH   SOLE   32,920 0 0
UNITEDHEALTH GROUP INC COM 91324P102 8,060 20,128 SH   SOLE   20,128 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 337 3,923 SH   SOLE   3,923 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C813 15,653 146,368 SH   SOLE   146,368 0 0
VANGUARD INDEX FDS S&P 500 EFT SH 922908363 71,510 181,719 SH   SOLE   181,719 0 0
VANGUARD INDEX FDS REIT ETF 922908553 6,225 61,155 SH   SOLE   61,155 0 0
VANGUARD INDEX FDS MID CAP ETF 922908629 2,729 11,498 SH   SOLE   11,498 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,145 5,705 SH   SOLE   5,705 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 352 1,561 SH   SOLE   1,561 0 0
VERIZON COMMUNICATION COM 92343V104 4,705 83,970 SH   SOLE   83,970 0 0
VIACOMCBS INC CL B 92556H206 1,525 33,749 SH   SOLE   33,749 0 0
VISA INC COM CL A 92826C839 11,548 49,388 SH   SOLE   49,388 0 0
VULCAN MATERIALS CO COM 929160109 1,930 11,086 SH   SOLE   11,086 0 0
WAL-MART STORES INC COM 931142103 3,047 21,611 SH   SOLE   21,611 0 0
WELLS FARGO & CO NEW CO COM 949746101 2,702 59,660 SH   SOLE   59,660 0 0
WELLTOWER INC COM 95040Q104 1,228 14,782 SH   SOLE   14,782 0 0
WESTERN DIGITAL CORPORATION DEL COM 958102105 1,671 23,475 SH   SOLE   23,475 0 0
WORLD WRESTLING ENTERTAINMENT INC CL A 98156Q108 1,029 17,775 SH   SOLE   17,775 0 0
WRAP TECHNOLOGIES INC COM 98212N107 210 26,760 SH   SOLE   26,760 0 0
WYNN RESORTS LTD COM 983134107 1,629 13,321 SH   SOLE   13,321 0 0
XCEL ENERGY INC COM 98389B100 219 3,320 SH   SOLE   3,320 0 0
YELP INC CL A 985817105 924 23,119 SH   SOLE   23,119 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 2,066 12,846 SH   SOLE   12,846 0 0
ZOETIS INC CLASS A 98978V103 3,678 19,740 SH   SOLE   19,740 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 9,550 32,396 SH   SOLE   32,396 0 0
BUNGE LIMITED COM G16962105 5,271 67,448 SH   SOLE   67,448 0 0
COCA-COLA EUROPACIFIC PARTNERS SHS G25839104 1,210 20,391 SH   SOLE   20,391 0 0
EATON CORP PLC SHS G29183103 10,592 71,479 SH   SOLE   71,479 0 0
LINDE PLC COM G5494J103 4,437 15,345 SH   SOLE   15,345 0 0
MEDTRONIC HLDG PLC SHS G5960L103 8,103 65,280 SH   SOLE   65,280 0 0
SEAGATE TECHNOLOGY HOLDINGS PL ORD SHS G7997R103 2,484 28,252 SH   SOLE   28,252 0 0
CHUBB LIMITED COM H1467J104 1,802 11,334 SH   SOLE   11,334 0 0