Alpine Associates Management’s Allete ALE Stock Holding History

Alpine Associates Management’s Portfolio ALE Stock Details ALE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-520,018	Closed	-$34.5M	–	68
2025 Q3	$34.5M	Buy	520,018 +76,971	+17%	+$5M	2.08%	13
2025 Q2	$28.4M	Buy	443,047 +26,200	+6%	+$1.7M	1.51%	21
2025 Q1	$27.4M	Buy	416,847 +33,000	+9%	+$2.16M	1.43%	23
2024 Q4	$24.9M	Sell	383,847 -14,200	-4%	-$916K	1.51%	21
2024 Q3	$25.6M	Buy	398,047 +45,447	+13%	+$2.89M	1.17%	25
2024 Q2	$22M	Buy	+352,600	New	+$21.7M	1.05%	28

Other funds holding ALE

IFP Advisors Tampa, Florida $5.54B AUM 27.43% 1-Year Est. Return

Alpine Associates Management's ALE Position: Q4 2025 in Review

Alpine Associates Management sold out of Allete (ALE) in Q4 2025, closing a stake of 520,018 shares — an estimated $34.5M sold.

Alpine Associates Management first reported a position in ALE in Q2 2024 and held it in 6 quarters. The position peaked at $34.5M in Q3 2025. 1 fund tracked by Wall St. Rank holds ALE as of Q4 2025.

Alpine Associates Management reported no remaining Allete position as of Q4 2025 after selling out during the quarter.
Alpine Associates Management sold 520,018 Allete shares in Q4 2025, an estimated $34.5M.
Alpine Associates Management first reported a position in Allete in Q2 2024 and held it in 6 quarters.
Alpine Associates Management's Allete position peaked at $34.5M in Q3 2025.
1 fund tracked by Wall St. Rank held Allete as of Q4 2025.

Based on Alpine Associates Management's 13F filing for Q4 2025, filed 5 Feb 2026.