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ALE

Allete
ALE

Delisted

ALE was delisted on the 12th of December, 2025.

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320 hedge funds and large institutions have $2.74B invested in Allete in 2023 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 104 increasing their positions, 115 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 38

18% more capital invested

Capital invested by funds: $2.32B → $2.74B (+$420M)

5% more funds holding

Funds holding: 306 → 320 (+14)

1.37% more ownership

Funds ownership: 76.69% → 78.06% (+1.4%)

10% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 115

Holders
320
Holders Change
+14
Holders Change %
+4.58%
% of All Funds
4.66%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
54
Increased
104
Reduced
115
Closed
38
Calls
$367K
Puts
–
Net Calls
+$367K
Net Calls Change
-$119K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$53.9M
2
Neuberger Berman Group
Neuberger Berman Group
New York
+$23.2M
3
BlackRock
BlackRock
New York
+$23M
4
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$22.8M
5
Point72 Asset Management
Point72 Asset Management
Connecticut
+$22.3M

Top Sellers

Rank Fund Capital Flow
1
Macquarie Group
Macquarie Group
Australia
-$31.8M
2
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$23.1M
3
Truist Financial
Truist Financial
North Carolina
-$19.3M
4
Millennium Management
Millennium Management
New York
-$15.8M
5
First Trust Advisors
First Trust Advisors
Illinois
-$8.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
WCM
126
Wedge Capital Management
North Carolina
$1.18M +$122K +2,175 +13%
Boston Partners
127
Boston Partners
Massachusetts
$1.17M +$205K +3,647 +24%
AIP
128
Ameritas Investment Partners
Nebraska
$1.15M +$13.5K +241 +1%
OTPPB
129
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.12M – – –
CAM
130
Congress Asset Management
Massachusetts
$1.11M +$1.97K +35 +0.2%
AAM
131
Advisors Asset Management
Colorado
$1.09M -$2.02M -36,036 -67%
SDIC
132
South Dakota Investment Council
South Dakota
$1.08M – – –
AA
133
Ancora Advisors
Ohio
$1.06M +$413K +7,360 +73%
CIC
134
Cornercap Investment Counsel
Georgia
$1.05M -$4.61K -82 -0.5%
HW
135
Hancock Whitney
Mississippi
$1.05M +$16.8K +300 +2%
QC
136
Quadrature Capital
United Kingdom
$1.04M +$571K +10,175 +148%
RJFSA
137
Raymond James Financial Services Advisors
Florida
$1.04M -$37.9K -674 -4%
SPS
138
Susquehanna Portfolio Strategies
Pennsylvania
$1.04M +$952K +16,947 New
TWM
139
Tradition Wealth Management
Minnesota
$1M +$1.63K +29 +0.2%
OPERF
140
Oregon Public Employees Retirement Fund
Oregon
$994K +$5.62K +100 +0.6%
LSERS
141
Louisiana State Employees Retirement System
Louisiana
$985K -$11.2K -200 -1%
ASRS
142
Arizona State Retirement System
Arizona
$981K -$15.3K -273 -2%
ZIM
143
Zacks Investment Management
Illinois
$974K +$894K +15,922 New
US Bancorp
144
US Bancorp
Minnesota
$941K -$717K -12,763 -45%
CM
145
Capula Management
Cayman Islands
$921K +$846K +15,062 New
Natixis Advisors
146
Natixis Advisors
Massachusetts
$902K -$6.8M -121,147 -89%
HWAM
147
Hennion & Walsh Asset Management
New Jersey
$857K +$319K +5,677 +68%
SOMRS
148
State of Michigan Retirement System
Michigan
$841K – – –
Bank of Montreal
149
Bank of Montreal
Ontario, Canada
$840K -$131K -2,337 -15%
GT
150
Glenmede Trust
Pennsylvania
$840K +$163K +2,902 +27%
4 5
6
7 8

ALE Hedge Fund Activity: Q4 2023 in Review

320 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q4 2023, worth a combined $2.74B — up 18% from $2.32B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new ALE positions and 38 closed out — a net gain of 16 holders — while 104 added to existing stakes and 115 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $53.9M. The largest seller was Macquarie Group, cutting an estimated $31.8M.

  • 320 institutional investors held Allete (ALE) as of Q4 2023, up from 306 in Q3 2023.
  • Funds reported $2.74B of Allete stock for Q4 2023, up 18% quarter-over-quarter.
  • 54 funds opened new Allete positions in Q4 2023 and 38 closed out, a net change of +16 holders.
  • The largest Allete buyer in Q4 2023 was Morgan Stanley, an estimated $53.9M added.
  • The largest Allete seller in Q4 2023 was Macquarie Group, an estimated $31.8M sold.

Based on aggregated 13F filings for Q4 2023.