ALLETE Ownership | Who Owns ALLETE?

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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 3.24% of its assets in ALLETE shares.

ALE Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	ALLETE	72.31%	0.39%	27.29%
Sector	Utilities Stocks	51.31%	6.24%	42.45%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	7.92M	13.70%	$513.25M
Blackrock	7.51M	13.03%	$467.97M
Vanguard group	6.37M	11.01%	$412.46M
State street	2.48M	4.29%	$160.64M
Geode capital management	1.39M	2.41%	$90.24M
Dimensional fund advisors lp	951.06K	1.65%	$61.63M
Millennium management	906.04K	1.57%	$58.71M
Aqr arbitrage	847.47K	1.47%	$54.78M
Highbridge capital management	842.47K	1.46%	$54.59M
Charles schwab investment management	786.59K	1.36%	$50.97M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Absolute gestao de investimentos ltda.	254.18K	6.97%	$16.47M
Kapitalo investimentos ltda	134.89K	5.85%	$8.74M
Fort baker capital management lp	266.98K	2.79%	$17.30M
Gabelli & co investment advisers	205.50K	2.27%	$13.32M
Olympiad research lp	31.09K	2.10%	$2.01M
Highbridge capital management	842.47K	2.04%	$54.59M
Glazer capital	365.00K	1.60%	$23.65M
Alpine associates management	383.85K	1.51%	$24.87M
Aqr arbitrage	847.47K	1.20%	$54.78M
Deroy & devereaux private investment counsel	303.46K	1.13%	$19.66M

Top Buyers

Holder	Shares	% Assets	Change
Highbridge capital management	842.47K	2.04%	842.47K
Blackrock funding, inc. /de	7.92M	0.01%	298.13K
Glazer capital	365.00K	1.60%	275.18K
Fort baker capital management lp	266.98K	2.79%	266.98K
Aqr arbitrage	847.47K	1.20%	197.34K

Top Sellers

Holder	Shares	% Assets	Change
Point72 asset management	-	-	-640.96K
Deprince race & zollo	-	-	-465.29K
Frontier capital management	-	-	-404.36K
Jupiter asset management	-	-	-339.63K
Adage capital partners gp	764.29K	0.09%	-337.50K

New Positions

Holder	Shares	% Assets	Change	Value
Highbridge capital management	842.47K	2.04%	842.47K	$54.59M
Fort baker capital management lp	266.98K	2.79%	266.98K	$17.30M
Kapitalo investimentos ltda	134.89K	5.85%	134.89K	$8.74M
Energy income partners	105.87K	0.14%	105.87K	$6.86M
Tokio marine asset management	83.00K	0.19%	83.00K	$5.38M

Sold Out

Holder	Change
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

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Dec 31, 2024	336	2.75%	41,797,265	0.30%	72	1.39%	160	15.94%	104	-15.45%
Sep 30, 2024	323	-3.00%	41,442,824	-3.59%	71	1.29%	137	-20.35%	121	19.80%
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%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Mid-Cap ETF	1.88M	3.24%	-305.00
Vanguard Total Stock Mkt Idx Inv	1.81M	3.12%	15.60K
iShares Russell 2000 ETF	1.53M	2.64%	-29.89K
Vanguard Small Cap Index	1.47M	2.55%	2.62K
Vanguard Small Cap Value Index Inv	975.67K	1.69%	-1.83K
Vanguard Institutional Extnd Mkt Idx Tr	870.58K	1.50%	23.92K
First Trust Value Line® Dividend ETF	638.34K	1.10%	-1.54K
Fidelity Small Cap Index	586.27K	1.01%	-6.14K
iShares Russell 2000 Value ETF	539.98K	0.93%	-1.11K
FIAM Small Cap Core Composite	498.31K	0.86%	-6.30K

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
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 3.24% of its total shares outstanding invested in 1.88M ALLETE shares.

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