Allete
ALE was delisted on the 12th of December, 2025.
311 hedge funds and large institutions have $2.64B invested in Allete in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 99 increasing their positions, 119 reducing their positions, and 38 closing their positions.
4% less capital invested
Capital invested by funds: $2.74B → $2.64B (-$103M)
1.14% less ownership
Funds ownership: 78.06% → 76.92% (-1.1%)
3% less funds holding
Funds holding: 320 → 311 (-9)
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
17% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.3M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$13.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$11.3M |
| 5 |
JP Morgan Chase
New York
|
+$9.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$64.5M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$18.2M |
| 3 |
BlackRock
New York
|
-$15.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.05M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$6.53M |
ALE Hedge Fund Activity: Q1 2024 in Review
311 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q1 2024, worth a combined $2.64B — down 3.7% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of ALE and 33 opened new positions — a net loss of 5 holders — while 119 trimmed existing stakes and 99 added.
The largest buyer was Ameriprise, adding an estimated $20.7M. The largest seller was Morgan Stanley, cutting an estimated $64.5M.
- 311 institutional investors held Allete (ALE) as of Q1 2024, down from 320 in Q4 2023.
- Funds reported $2.64B of Allete stock for Q1 2024, down 3.7% quarter-over-quarter.
- 33 funds opened new Allete positions in Q1 2024 and 38 closed out, a net change of -5 holders.
- The largest Allete buyer in Q1 2024 was Ameriprise, an estimated $20.7M added.
- The largest Allete seller in Q1 2024 was Morgan Stanley, an estimated $64.5M sold.
Based on aggregated 13F filings for Q1 2024.