Allete
ALE was delisted on the 12th of December, 2025.
306 hedge funds and large institutions have $2.32B invested in Allete in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 121 increasing their positions, 111 reducing their positions, and 30 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 111
0.64% more ownership
Funds ownership: 76.05% → 76.69% (+0.64%)
2% less funds holding
Funds holding: 311 → 306 (-5)
8% less capital invested
Capital invested by funds: $2.53B → $2.32B (-$203M)
10% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$16.2M |
| 2 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
+$13M |
| 3 |
Millennium Management
New York
|
+$12.6M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.32M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$7.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$49.4M |
| 2 |
ZP
Zimmer Partners
New York
|
-$28.6M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$11.6M |
| 4 |
Morgan Stanley
New York
|
-$6.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.19M |
ALE Hedge Fund Activity: Q3 2023 in Review
306 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q3 2023, worth a combined $2.32B — down 8% from $2.53B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ALE and 27 opened new positions — a net loss of 3 holders — while 111 trimmed existing stakes and 121 added.
The largest buyer was AQR Capital Management, adding an estimated $16.2M. The largest seller was Victory Capital Management, cutting an estimated $49.4M.
- 306 institutional investors held Allete (ALE) as of Q3 2023, down from 311 in Q2 2023.
- Funds reported $2.32B of Allete stock for Q3 2023, down 8% quarter-over-quarter.
- 27 funds opened new Allete positions in Q3 2023 and 30 closed out, a net change of -3 holders.
- The largest Allete buyer in Q3 2023 was AQR Capital Management, an estimated $16.2M added.
- The largest Allete seller in Q3 2023 was Victory Capital Management, an estimated $49.4M sold.
Based on aggregated 13F filings for Q3 2023.