ALLETE Ownership | Who Owns ALLETE?


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ALLETE Ownership Summary


ALLETE is owned by 19.69% institutional investors, 0.31% insiders, and 80.00% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 13.46% of ALE shares. iShares Core S&P Mid-Cap ETF is the top mutual fund, with 3.25% of its assets in ALLETE shares.

ALE Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockALLETE19.69%0.31%80.00%
SectorUtilities Stocks39.62%7.97%52.41%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de7.81M13.46%$518.29M
Blackrock7.51M13.03%$467.97M
Vanguard group6.29M10.84%$417.40M
State street2.25M3.88%$149.40M
Geode capital management1.47M2.54%$97.75M
Aqr arbitrage1.37M2.37%$91.11M
Dimensional fund advisors lp961.88K1.66%$63.87M
Millennium management906.04K1.57%$58.71M
Melqart asset management (uk)786.82K1.36%$52.24M
Charles schwab investment management753.37K1.30%$50.02M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Melqart asset management (uk)786.82K6.97%$52.24M
Vazirani asset management27.50K6.53%$1.83M
Sand grove capital management llp168.50K5.47%$11.19M
Gabelli & co investment advisers238.60K2.54%$15.84M
Aqr arbitrage1.37M2.32%$91.11M
Alpine associates management520.02K2.08%$34.53M
Strategic planning53.05K2.04%$3.52M
Quantessence capital93.95K1.97%$6.24M
Harvest management49.85K1.43%$3.31M
Kapitalo investimentos ltda115.34K1.43%$7.66M

Top Buyers

HolderShares% AssetsChange
Lmr partners llp345.61K0.10%320.14K
Voloridge investment management363.79K0.08%258.84K
Adage capital partners gp211.56K0.02%211.56K
Hrt financial lp202.47K0.05%189.58K
Invesco705.16K0.01%185.52K

Top Sellers

HolderShares% AssetsChange
Qube research---924.08K
Highbridge capital management---898.15K
Two sigma advisers, lp58.19K0.01%-740.27K
Point72 asset management---640.96K
Deprince race & zollo---465.29K

New Positions

HolderShares% AssetsChangeValue
Sand grove capital management llp168.50K5.47%168.50K$11.19M
Phocas financial106.75K0.92%106.75K$7.09M
Quantessence capital93.95K1.97%93.95K$6.24M
Westchester capital management84.13K0.26%84.13K$5.59M
Picton mahoney asset management80.29K0.05%80.29K$5.32M

Sold Out

HolderChange
Trust co of vermont-3.00
Golden state wealth management-6.00
Physician wealth advisors-8.00
Twin peaks wealth advisors-9.00
Corecap advisors-14.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Sep 30, 2025155-54.41%11,417,546-72.69%190.38%66-62.07%52-50.48%
Jun 30, 20253410.59%43,598,9492.83%751.40%1745.45%1072.88%
Mar 31, 2025334-2.91%42,317,2271.11%731.39%164-102-3.77%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Mid-Cap ETF1.88M3.25%-
Vanguard US Total Market Shares ETF1.82M3.14%1.12K
Vanguard Total Stock Mkt Idx Inv1.78M3.06%-50.01K
iShares Russell 2000 ETF1.41M2.44%-
Vanguard Small Cap Index1.41M2.42%-9.42K
Vanguard Small Cap Value Index Inv905.52K1.56%1.83K
Vanguard Institutional Extnd Mkt Idx Tr619.92K1.07%-260.69K
First Trust Value Line® Dividend ETF610.54K1.05%154.00
Fidelity Small Cap Index585.57K1.01%-735.00
Invesco S&P MidCap Low Volatility ETF578.04K1.00%-

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 Q2--
2025 Q1--
2024 Q3--
2024 Q2--
2024 Q1--

ALE Ownership FAQ


Who owns the most shares of ALLETE?

ALLETE’s largest shareholders are Blackrock funding, inc. /de (7.81M shares, 13.46%), Blackrock (7.51M shares, 13.03%), and Vanguard group (6.29M shares, 10.84%). Together, they hold 37.33% 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?

Melqart asset management (uk) is ALLETE’s biggest shareholder by percentage of total assets invested, with 6.97% of its assets in 786.82K ALLETE shares, valued at 52.24M$.

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 3.25% of its total shares outstanding invested in 1.88M ALLETE shares.

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