Allete
ALE was delisted on the 12th of December, 2025.
333 hedge funds and large institutions have $2.71B invested in Allete in 2024 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 105 increasing their positions, 100 reducing their positions, and 41 closing their positions.
66% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 41
7% more funds holding
Funds holding: 311 → 333 (+22)
5% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 100
2% more capital invested
Capital invested by funds: $2.64B → $2.71B (+$64.4M)
1.77% less ownership
Funds ownership: 76.92% → 75.15% (-1.8%)
39% less call options, than puts
Call options by funds: $268K | Put options by funds: $442K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$50M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$39.2M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$36.6M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
+$28M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$66.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$39.9M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$38.2M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$27.7M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$25.5M |
ALE Hedge Fund Activity: Q2 2024 in Review
333 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Allete (ALE) for Q2 2024, worth a combined $2.71B — up 2.4% from $2.64B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new ALE positions and 41 closed out — a net gain of 27 holders — while 105 added to existing stakes and 100 trimmed.
The largest buyer was Millennium Management, adding an estimated $50M. The largest seller was Victory Capital Management, cutting an estimated $66.9M.
- 333 institutional investors held Allete (ALE) as of Q2 2024, up from 311 in Q1 2024.
- Funds reported $2.71B of Allete stock for Q2 2024, up 2.4% quarter-over-quarter.
- 68 funds opened new Allete positions in Q2 2024 and 41 closed out, a net change of +27 holders.
- The largest Allete buyer in Q2 2024 was Millennium Management, an estimated $50M added.
- The largest Allete seller in Q2 2024 was Victory Capital Management, an estimated $66.9M sold.
Based on aggregated 13F filings for Q2 2024.