ALLETE Ownership | Who Owns ALLETE?

Overview Forecast RevenueFinancials Chart Transcripts

ALLETE Ownership Summary

ALLETE is owned by 74.60% institutional investors, 0.27% insiders, and 25.13% retail investors. Blackrock is the largest institutional shareholder, holding 13.03% of ALE shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 3.15% of its assets in ALLETE shares.

ALE Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	ALLETE	74.60%	0.27%	25.13%
Sector	Utilities Stocks	58.57%	6.53%	34.90%
Industry	Diversified Utilities Stocks List	62.31%	5.41%	32.28%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock	7.51M	13.03%	$467.97M
Vanguard group	6.32M	10.97%	$394.10M
State street	2.45M	4.25%	$152.53M
Geode capital management	1.37M	2.38%	$85.65M
Adage capital partners gp	985.77K	1.71%	$61.46M
Dimensional fund advisors lp	964.19K	1.67%	$60.12M
Fmr	941.25K	1.63%	$58.69M
First trust advisors lp	899.96K	1.56%	$56.11M
Millennium management	897.62K	1.56%	$55.97M
Bank of new york mellon	859.05K	1.49%	$53.56M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Governors lane lp	322.20K	1.68%	$20.09M
Gabelli & co investment advisers	137.00K	1.43%	$8.54M
Old republic	541.10K	1.37%	$33.74M
Isthmus partners	347.00	1.37%	$14.40M
Aristotle capital boston	602.25K	1.26%	$37.55M
Deroy & devereaux private investment counsel	319.63K	1.23%	$19.93M
Water island capital	185.78K	1.23%	$11.58M
Alpine associates management	352.60K	1.05%	$21.98M
Aqr arbitrage	594.50K	0.96%	$37.07M
Diametric capital, lp	21.59K	0.73%	$1.35M

Top Buyers

Holder	Shares	% Assets	Change
Millennium management	897.62K	0.03%	812.55K
Adage capital partners gp	985.77K	0.11%	635.77K
Aqr arbitrage	594.50K	0.96%	594.50K
Alpine associates management	352.60K	1.05%	352.60K
Governors lane lp	322.20K	1.68%	322.20K

Top Sellers

Holder	Shares	% Assets	Change
Victory capital management	256.76K	0.02%	-1.09M
American century companies	129.72K	0.00%	-647.88K
Point72 asset management	-	-	-640.96K
Deprince race & zollo	-	-	-465.29K
Thrivent financial for lutherans	28.09K	0.00%	-413.57K

New Positions

Holder	Shares	% Assets	Change	Value
Aqr arbitrage	594.50K	0.96%	594.50K	$37.07M
Alpine associates management	352.60K	1.05%	352.60K	$21.98M
Governors lane lp	322.20K	1.68%	322.20K	$20.09M
Fil	282.56K	0.02%	282.56K	$17.62M
Water island capital	185.78K	1.23%	185.78K	$11.58M

Sold Out

Holder	Change
Toronto dominion bank	-6.00
Quarry lp	-170.00
Johnson financial group	-581.00
Ci investments	-2.01K
Metropolitan life insurance co/ny	-3.04K

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2024	329	6.47%	42,969,832	-2.80%	74	1.27%	170	28.79%	101	-13.68%
Mar 31, 2024	309	-2.52%	44,206,566	0.44%	76	1.31%	132	-16.46%	117	3.54%
Dec 31, 2023	317	5.32%	44,014,270	0.02%	76	1.30%	158	8.97%	113	3.67%
Sep 30, 2023	301	-2.59%	44,005,235	1.01%	76	1.33%	145	-7.05%	109	14.74%
Jun 30, 2023	309	7.67%	43,565,827	-0.55%	76	1.30%	156	16.42%	95	6.74%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	1.82M	3.15%	1.12K
iShares Core S&P Mid-Cap ETF	1.82M	3.15%	992.00
iShares Russell 2000 ETF	1.51M	2.62%	-3.40K
Vanguard Small Cap Index	1.45M	2.50%	-13.77K
Vanguard Small Cap Value Index Inv	978.95K	1.69%	226.00
Vanguard Institutional Extnd Mkt Idx Tr	844.11K	1.46%	-35.50K
First Trust Value Line® Dividend ETF	704.53K	1.22%	-328.00
Fidelity Small Cap Index	595.24K	1.03%	-14.34K
iShares Russell 2000 Value ETF	551.91K	0.95%	-
FIAM Small Cap Core CIT Cl B	516.61K	0.89%	6.70K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Aug 19, 2021	Jimmerson Heidi E	-	Sell	$226.08K
Mar 16, 2020	Hodnik Alan R	Executive Chairman	Sell	$348.00K
Feb 21, 2020	Hodnik Alan R	Executive Chairman	Sell	$482.34K
Feb 20, 2020	Adams Robert John	Sr VP & CFO	Sell	$39.91K
Feb 20, 2020	Adams Robert John	Sr VP & CFO	Sell	$392.44K

Insider Transactions Trends

Date	Buy	Sell
2024 Q2	-	-
2024 Q1	-	-
2023 Q2	-	-
2023 Q1	-	-
2022 Q3	-	-

ALE Ownership FAQ

Who Owns ALLETE?

ALLETE shareholders are primarily institutional investors at 74.60%, followed by 0.27% insiders and 25.13% retail investors. The average institutional ownership in ALLETE's industry, Diversified Utilities Stocks List, is 62.31%, which ALLETE exceeds.

Who owns the most shares of ALLETE?

ALLETE’s largest shareholders are Blackrock (7.51M shares, 13.03%), Vanguard group (6.32M shares, 10.97%), and State street (2.45M shares, 4.25%). Together, they hold 28.25% of ALLETE’s total shares outstanding.

Does Blackrock own ALLETE?

Yes, BlackRock owns 13.03% of ALLETE, totaling 7.51M shares as of Jun 2024. This represents 0.01% of BlackRock's total assets, with a market value of 467.97M$. In the last quarter, BlackRock decreased its holdings by -24.002K shares, a -0.32% change.

Who is ALLETE’s biggest shareholder by percentage of total assets invested?

Governors lane lp is ALLETE’s biggest shareholder by percentage of total assets invested, with 1.68% of its assets in 322.2K ALLETE shares, valued at 20.09M$.

Who is the top mutual fund holder of ALLETE shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of ALLETE shares, with 3.15% of its total shares outstanding invested in 1.82M ALLETE shares.

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