Allete
ALE was delisted on the 12th of December, 2025.
348 hedge funds and large institutions have $2.77B invested in Allete in 2024 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 117 increasing their positions, 104 reducing their positions, and 29 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
76% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 29
13% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 104
5% more funds holding
Funds holding: 330 → 348 (+18)
2% more capital invested
Capital invested by funds: $2.72B → $2.77B (+$46.6M)
0.44% more ownership
Funds ownership: 73.45% → 73.88% (+0.44%)
4% less call options, than puts
Call options by funds: $486K | Put options by funds: $505K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$54.3M |
| 2 |
BlackRock
New York
|
+$19.2M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$17.7M |
| 4 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$17.2M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$21.8M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$21.3M |
| 3 |
GL
Governors Lane
New York
|
-$20.7M |
| 4 |
Bank of New York Mellon
New York
|
-$19M |
| 5 |
Two Sigma Investments
New York
|
-$11.9M |
ALE Hedge Fund Activity: Q4 2024 in Review
348 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q4 2024, worth a combined $2.77B — up 1.7% from $2.72B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new ALE positions and 29 closed out — a net gain of 22 holders — while 117 added to existing stakes and 104 trimmed.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $54.3M. The largest seller was Adage Capital Partners, cutting an estimated $21.8M.
- 348 institutional investors held Allete (ALE) as of Q4 2024, up from 330 in Q3 2024.
- Funds reported $2.77B of Allete stock for Q4 2024, up 1.7% quarter-over-quarter.
- 51 funds opened new Allete positions in Q4 2024 and 29 closed out, a net change of +22 holders.
- The largest Allete buyer in Q4 2024 was Highbridge Capital Management, an estimated $54.3M added.
- The largest Allete seller in Q4 2024 was Adage Capital Partners, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2024.