Allete
ALE was delisted on the 12th of December, 2025.
275 hedge funds and large institutions have $2.04B invested in Allete in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 99 increasing their positions, 88 reducing their positions, and 50 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 88
2.2% less ownership
Funds ownership: 74.15% → 71.95% (-2.2%)
3% less funds holding
Funds holding: 284 → 275 (-9)
13% less capital invested
Capital invested by funds: $2.33B → $2.04B (-$293M)
16% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 50
67% less call options, than puts
Call options by funds: $1.15M | Put options by funds: $3.44M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$16.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$13M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$6.37M |
| 5 |
QI
QS Investors
New York
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$36.3M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$22.8M |
| 3 |
Renaissance Technologies
New York
|
-$19.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14.1M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$11.8M |
ALE Hedge Fund Activity: Q2 2020 in Review
275 of the 4,889 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q2 2020, worth a combined $2.04B — down 13% from $2.33B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of ALE and 42 opened new positions — a net loss of 8 holders — while 88 trimmed existing stakes and 99 added.
The largest buyer was Massachusetts Financial Services, adding an estimated $19.8M. The largest seller was Invesco, cutting an estimated $36.3M.
- 275 institutional investors held Allete (ALE) as of Q2 2020, down from 284 in Q1 2020.
- Funds reported $2.04B of Allete stock for Q2 2020, down 13% quarter-over-quarter.
- 42 funds opened new Allete positions in Q2 2020 and 50 closed out, a net change of -8 holders.
- The largest Allete buyer in Q2 2020 was Massachusetts Financial Services, an estimated $19.8M added.
- The largest Allete seller in Q2 2020 was Invesco, an estimated $36.3M sold.
Based on aggregated 13F filings for Q2 2020.