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ALLETE Ownership | Who Owns ALLETE?

OverviewForecastRevenueFinancialsChart

ALLETE Ownership Summary

ALLETE is owned by 72.31% institutional investors, 0.39% insiders, and 27.29% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 13.70% of ALE shares. iShares Core S&P Mid-Cap ETF is the top mutual fund, with 3.27% of its assets in ALLETE shares.

ALE Ownership Benchmark

TypeName% Inst% Insiders% Retail
StockALLETE72.31%0.39%27.29%
SectorUtilities Stocks49.95%8.87%41.18%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de7.92M13.70%$513.25M
Blackrock7.51M13.03%$467.97M
Vanguard group6.37M11.01%$412.46M
State street2.48M4.29%$160.64M
Geode capital management1.39M2.41%$90.24M
Dimensional fund advisors lp951.06K1.65%$61.63M
Millennium management906.04K1.57%$58.71M
Aqr arbitrage847.47K1.47%$54.78M
Highbridge capital management842.47K1.46%$54.59M
Charles schwab investment management786.59K1.36%$50.97M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Absolute gestao de investimentos ltda.254.18K6.97%$16.47M
Kapitalo investimentos ltda134.89K5.85%$8.74M
Fort baker capital management lp266.98K2.79%$17.30M
Gabelli & co investment advisers205.50K2.27%$13.32M
Olympiad research lp31.09K2.10%$2.01M
Highbridge capital management842.47K2.04%$54.59M
Glazer capital365.00K1.60%$23.65M
Alpine associates management383.85K1.51%$24.87M
Aqr arbitrage847.47K1.20%$54.78M
Deroy & devereaux private investment counsel303.46K1.13%$19.66M

Top Buyers

HolderShares% AssetsChange
Highbridge capital management842.47K2.04%842.47K
Blackrock funding, inc. /de7.92M0.01%298.13K
Glazer capital365.00K1.60%275.18K
Fort baker capital management lp266.98K2.79%266.98K
Aqr arbitrage847.47K1.20%197.34K

Top Sellers

HolderShares% AssetsChange
Point72 asset management---640.96K
Deprince race & zollo---465.29K
Frontier capital management---404.36K
Jupiter asset management---339.63K
Adage capital partners gp764.29K0.09%-337.50K

New Positions

HolderShares% AssetsChangeValue
Highbridge capital management842.47K2.04%842.47K$54.59M
Fort baker capital management lp266.98K2.79%266.98K$17.30M
Kapitalo investimentos ltda134.89K5.85%134.89K$8.74M
Energy income partners105.87K0.14%105.87K$6.86M
Tokio marine asset management83.00K0.19%83.00K$5.38M

Sold Out

HolderChange
Toronto dominion bank-6.00
Winch advisory services-29.00
Gleason group-55.00
Steward partners investment advisory-90.00
Meadowbrook investment advisors-97.00

Institutional Ownership Trends

DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Dec 31, 20243362.75%41,797,2650.30%721.39%16015.94%104-15.45%
Sep 30, 2024323-3.00%41,442,824-3.59%711.29%137-20.35%12119.80%
Jun 30, 20243296.47%42,969,832-2.80%741.27%17028.79%101-13.68%
Mar 31, 2024309-2.52%44,206,5660.44%761.31%132-16.46%1173.54%
Dec 31, 20233175.32%44,014,2700.02%761.30%1588.97%1133.67%

Top Mutual Funds Shareholders

HolderShares% HoldingChange
iShares Core S&P Mid-Cap ETF1.89M3.27%4.42K
Vanguard US Total Market Shares ETF1.82M3.14%1.12K
Vanguard Total Stock Mkt Idx Inv1.82M3.14%10.29K
iShares Russell 2000 ETF1.54M2.67%-13.37K
Vanguard Small Cap Index1.45M2.49%-30.53K
Vanguard Small Cap Value Index Inv936.71K1.62%-35.99K
Vanguard Institutional Extnd Mkt Idx Tr896.10K1.55%33.27K
First Trust Value Line® Dividend ETF621.05K1.07%-
Fidelity Small Cap Index574.45K0.99%-10.76K
iShares Russell 2000 Value ETF535.38K0.92%-

Recent Insider Transactions

DateNameRoleActivityValue
Aug 19, 2021Jimmerson Heidi E-Sell$226.08K
Mar 16, 2020Hodnik Alan R Executive ChairmanSell$348.00K
Feb 21, 2020Hodnik Alan R Executive ChairmanSell$482.34K
Feb 20, 2020Adams Robert John Sr VP & CFOSell$39.91K
Feb 20, 2020Adams Robert John Sr VP & CFOSell$392.44K

Insider Transactions Trends

DateBuySell
2025 Q1--
2024 Q3--
2024 Q2--
2024 Q1--
2023 Q2--

ALE Ownership FAQ

Who owns the most shares of ALLETE?

ALLETE’s largest shareholders are Blackrock funding, inc. /de (7.92M shares, 13.70%), Blackrock (7.51M shares, 13.03%), and Vanguard group (6.37M shares, 11.01%). Together, they hold 37.75% 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?

Absolute gestao de investimentos ltda is ALLETE’s biggest shareholder by percentage of total assets invested, with 6.97% of its assets in 254.18K ALLETE shares, valued at 16.47M$.

Who is the top mutual fund holder of ALLETE shares?

iShares Core S&P Mid-Cap ETF is the top mutual fund holder of ALLETE shares, with 3.27% of its total shares outstanding invested in 1.89M ALLETE shares.

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