Allete
ALE was delisted on the 12th of December, 2025.
311 hedge funds and large institutions have $2.53B invested in Allete in 2023 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 106 increasing their positions, 98 reducing their positions, and 26 closing their positions.
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
8% more funds holding
Funds holding: 288 → 311 (+23)
8% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 98
0.45% less ownership
Funds ownership: 76.5% → 76.05% (-0.45%)
10% less capital invested
Capital invested by funds: $2.82B → $2.53B (-$292M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$37.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$10.5M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$9.04M |
| 4 |
LIP
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
|
+$7.02M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$6.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Atlas Infrastructure Partners
London,
United Kingdom
|
-$102M |
| 2 |
Goldman Sachs
New York
|
-$28.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$10M |
| 4 |
State Street
Boston,
Massachusetts
|
-$4.69M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$4.58M |
ALE Hedge Fund Activity: Q2 2023 in Review
311 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q2 2023, worth a combined $2.53B — down 10% from $2.82B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ALE positions and 26 closed out — a net gain of 23 holders — while 106 added to existing stakes and 98 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $37.7M. The largest seller was Atlas Infrastructure Partners, exiting entirely with an estimated $102M sold.
- 311 institutional investors held Allete (ALE) as of Q2 2023, up from 288 in Q1 2023.
- Funds reported $2.53B of Allete stock for Q2 2023, down 10% quarter-over-quarter.
- 49 funds opened new Allete positions in Q2 2023 and 26 closed out, a net change of +23 holders.
- The largest Allete buyer in Q2 2023 was Zimmer Partners, an estimated $37.7M added.
- The largest Allete seller in Q2 2023 was Atlas Infrastructure Partners, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2023.