Allete
ALE was delisted on the 12th of December, 2025.
250 hedge funds and large institutions have $2.65B invested in Allete in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 82 increasing their positions, 98 reducing their positions, and 35 closing their positions.
4% more capital invested
Capital invested by funds: $2.55B → $2.65B (+$101M)
0.06% less ownership
Funds ownership: 72.76% → 72.69% (-0.06%)
7% less funds holding
Funds holding: 270 → 250 (-20)
14% less call options, than puts
Call options by funds: $384K | Put options by funds: $447K
16% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 98
54% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$50.2M |
| 2 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
+$20.1M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$13.4M |
| 4 |
Goldman Sachs
New York
|
+$11.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.9M |
| 3 |
JP Morgan Chase
New York
|
-$9.11M |
| 4 |
Millennium Management
New York
|
-$8.95M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$6.57M |
ALE Hedge Fund Activity: Q2 2021 in Review
250 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q2 2021, worth a combined $2.65B — up 4% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ALE and 16 opened new positions — a net loss of 19 holders — while 98 trimmed existing stakes and 82 added.
The largest buyer was BlackRock, adding an estimated $50.2M. The largest seller was Fidelity Investments, cutting an estimated $24.5M.
- 250 institutional investors held Allete (ALE) as of Q2 2021, down from 270 in Q1 2021.
- Funds reported $2.65B of Allete stock for Q2 2021, up 4% quarter-over-quarter.
- 16 funds opened new Allete positions in Q2 2021 and 35 closed out, a net change of -19 holders.
- The largest Allete buyer in Q2 2021 was BlackRock, an estimated $50.2M added.
- The largest Allete seller in Q2 2021 was Fidelity Investments, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2021.