ALLETE Ownership | Who Owns ALLETE?

Overview Forecast RevenueFinancials Chart

ALLETE Ownership Summary

ALLETE is owned by 75.17% institutional investors, 0.31% insiders, and 24.52% retail investors. Blackrock funding, inc. /de is the largest institutional shareholder, holding 13.42% 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

Type	Name	% Inst	% Insiders	% Retail
Stock	ALLETE	75.17%	0.31%	24.52%
Sector	Utilities Stocks	61.50%	8.03%	30.47%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Blackrock funding, inc. /de	7.78M	13.42%	$498.66M
Blackrock	7.51M	13.03%	$467.97M
Vanguard group	6.37M	11.01%	$412.46M
State street	2.48M	4.29%	$160.64M
Aqr arbitrage	1.53M	2.63%	$97.70M
Geode capital management	1.39M	2.41%	$90.24M
Dimensional fund advisors lp	951.06K	1.65%	$61.63M
Qube research	924.08K	1.59%	$59.21M
Millennium management	906.04K	1.57%	$58.71M
Highbridge capital management	898.15K	1.55%	$57.54M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Melqart asset management (uk)	835.11K	7.65%	$53.51M
Absolute gestao de investimentos ltda.	273.80K	5.63%	$17.54M
Olympiad research lp	38.11K	3.99%	$2.44M
Kapitalo investimentos ltda	216.29K	3.00%	$13.86M
Cannon global investment management	22.70K	2.98%	$1.45M
Gabelli & co investment advisers	251.70K	2.48%	$16.13M
Highbridge capital management	898.15K	2.34%	$57.54M
Aqr arbitrage	1.53M	2.24%	$97.70M
Strategic planning	53.05K	2.04%	$3.52M
Bck capital management lp	27.84K	1.54%	$1.78M

Top Buyers

Holder	Shares	% Assets	Change
Aqr arbitrage	1.53M	2.24%	344.24K
Fil	284.02K	0.02%	284.02K
Qube research	924.08K	0.06%	278.72K
Melqart asset management (uk)	835.11K	7.65%	197.29K
Ubs group	274.26K	0.00%	139.06K

Top Sellers

Holder	Shares	% Assets	Change
Point72 asset management	-	-	-640.96K
Deprince race & zollo	-	-	-465.29K
Frontier capital management	-	-	-404.36K
Glazer capital	-	-	-365.00K
Jupiter asset management	-	-	-339.63K

New Positions

Holder	Shares	% Assets	Change	Value
Advisors preferred	128.26K	1.37%	128.26K	$8.30M
Nexpoint asset management	38.99K	0.23%	38.99K	$2.50M
Atom investors lp	32.58K	0.18%	32.58K	$2.09M
Hrt financial lp	12.89K	0.00%	12.89K	$825.00K
Vise	10.92K	0.03%	10.92K	$699.52K

Sold Out

Holder	Change
Trust co of vermont	-3.00
Golden state wealth management	-6.00
Corecap advisors	-14.00
Oarsman capital	-19.00
Coppell advisory solutions	-22.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Jun 30, 2025	341	0.59%	43,598,949	2.83%	75	1.40%	174	5.45%	107	2.88%
Mar 31, 2025	334	-2.91%	42,317,227	1.11%	73	1.39%	164	-	102	-3.77%
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%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Mid-Cap ETF	1.88M	3.25%	-
Vanguard US Total Market Shares ETF	1.82M	3.14%	1.12K
Vanguard Total Stock Mkt Idx Inv	1.78M	3.06%	-50.01K
iShares Russell 2000 ETF	1.41M	2.44%	-
Vanguard Small Cap Index	1.41M	2.42%	-9.42K
Vanguard Small Cap Value Index Inv	905.52K	1.56%	1.83K
Vanguard Institutional Extnd Mkt Idx Tr	619.92K	1.07%	-260.69K
First Trust Value Line® Dividend ETF	610.54K	1.05%	154.00
Fidelity Small Cap Index	585.57K	1.01%	-735.00
Invesco S&P MidCap Low Volatility ETF	578.04K	1.00%	-

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 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 (7.78M shares, 13.42%), Blackrock (7.51M shares, 13.03%), and Vanguard group (6.37M shares, 11.01%). Together, they hold 37.46% 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 7.65% of its assets in 835.11K ALLETE shares, valued at 53.51M$.

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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