Allete
ALE was delisted on the 12th of December, 2025.
288 hedge funds and large institutions have $2.82B invested in Allete in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 105 increasing their positions, 87 reducing their positions, and 45 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 87
1.73% more ownership
Funds ownership: 74.78% → 76.5% (+1.7%)
2% more capital invested
Capital invested by funds: $2.76B → $2.82B (+$62.8M)
5% less funds holding
Funds holding: 304 → 288 (-16)
29% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 45
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$30.5M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$21.3M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$9.8M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$9.8M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$5.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$44.9M |
| 2 |
Goldman Sachs
New York
|
-$18M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$10M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.91M |
ALE Hedge Fund Activity: Q1 2023 in Review
288 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q1 2023, worth a combined $2.82B — up 2.3% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of ALE and 32 opened new positions — a net loss of 13 holders — while 87 trimmed existing stakes and 105 added.
The largest buyer was Victory Capital Management, adding an estimated $30.5M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $44.9M sold.
- 288 institutional investors held Allete (ALE) as of Q1 2023, down from 304 in Q4 2022.
- Funds reported $2.82B of Allete stock for Q1 2023, up 2.3% quarter-over-quarter.
- 32 funds opened new Allete positions in Q1 2023 and 45 closed out, a net change of -13 holders.
- The largest Allete buyer in Q1 2023 was Victory Capital Management, an estimated $30.5M added.
- The largest Allete seller in Q1 2023 was Massachusetts Financial Services, an estimated $44.9M sold.
Based on aggregated 13F filings for Q1 2023.