CIP
ALE

Convergence Investment Partners’s Allete ALE Stock Holding History

Convergence Investment Partners’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
2024
Q3 		– Sell
-15,081
Closed -$940K – 240
2024
Q2 		$940K Sell
15,081
-505
-3% -$31.1K 0.27% 116
2024
Q1 		$930K Sell
15,586
-3,994
-20% -$235K 0.36% 87
2023
Q4 		$1.2M Buy
19,580
+1,616
+9% +$90.8K 0.63% 54
2023
Q3 		$948K Buy
17,964
+457
+3% +$25.7K 0.56% 65
2023
Q2 		$1.01M Buy
+17,507
New +$1.08M 0.58% 64

Other funds holding ALE

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Adage Capital Partners
Adage Capital Partners Boston, Massachusetts $64.8B AUM 42.7% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
First Trust Advisors
First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Convergence Investment Partners's ALE Position: Q3 2024 in Review

Convergence Investment Partners sold out of Allete (ALE) in Q3 2024, closing a stake of 15,081 shares — an estimated $940K sold.

Convergence Investment Partners first reported a position in ALE in Q2 2023 and held it in 5 quarters. The position peaked at $1.2M in Q4 2023. 330 funds tracked by Wall St. Rank hold ALE as of Q3 2024.

  • Convergence Investment Partners reported no remaining Allete position as of Q3 2024 after selling out during the quarter.
  • Convergence Investment Partners sold 15,081 Allete shares in Q3 2024, an estimated $940K.
  • Convergence Investment Partners first reported a position in Allete in Q2 2023 and held it in 5 quarters.
  • Convergence Investment Partners's Allete position peaked at $1.2M in Q4 2023.
  • 330 funds tracked by Wall St. Rank held Allete as of Q3 2024.

Based on Convergence Investment Partners's 13F filing for Q3 2024, filed 29 Oct 2024.