ALLETE Ownership | Who Owns ALLETE?


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ALLETE Ownership Summary


ALLETE is owned by 73.09% institutional investors, 0.29% insiders, and 26.63% 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


TypeName% Inst% Insiders% Retail
StockALLETE73.09%0.29%26.63%
SectorUtilities Stocks38.76%7.96%53.28%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Blackrock funding, inc. /de7.78M13.42%$498.66M
Blackrock7.51M13.03%$467.97M
Vanguard group6.37M11.01%$412.46M
State street2.48M4.29%$160.64M
Aqr arbitrage1.53M2.63%$97.70M
Geode capital management1.39M2.41%$90.24M
Dimensional fund advisors lp951.06K1.65%$61.63M
Qube research924.08K1.59%$59.21M
Millennium management906.04K1.57%$58.71M
Highbridge capital management898.15K1.55%$57.54M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Melqart asset management (uk)835.11K7.65%$53.51M
Absolute gestao de investimentos ltda.273.80K5.63%$17.54M
Olympiad research lp38.11K3.99%$2.44M
Kapitalo investimentos ltda216.29K3.00%$13.86M
Cannon global investment management22.70K2.98%$1.45M
Gabelli & co investment advisers251.70K2.48%$16.13M
Highbridge capital management898.15K2.34%$57.54M
Aqr arbitrage1.53M2.24%$97.70M
Bck capital management lp27.84K1.54%$1.78M
Alpine associates management443.05K1.51%$28.39M

Top Buyers

HolderShares% AssetsChange
Aqr arbitrage1.53M2.24%344.24K
Fil284.02K0.02%284.02K
Qube research924.08K0.06%278.72K
Melqart asset management (uk)835.11K7.65%197.29K
Ubs group274.26K0.00%139.06K

Top Sellers

HolderShares% AssetsChange
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

HolderShares% AssetsChangeValue
Advisors preferred128.26K1.37%128.26K$8.30M
Tokio marine asset management83.00K0.19%83.00K$5.38M
Nexpoint asset management38.99K0.23%38.99K$2.50M
Atom investors lp32.58K0.18%32.58K$2.09M
Hrt financial lp12.89K0.00%12.89K$825.00K

Sold Out

HolderChange
Golden state wealth management-6.00
Corecap advisors-14.00
Oarsman capital-19.00
Coppell advisory solutions-22.00
Colonial trust co / sc-26.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
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%
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%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Mid-Cap ETF1.89M3.25%-3.41K
Vanguard US Total Market Shares ETF1.82M3.14%1.12K
Vanguard Total Stock Mkt Idx Inv1.78M3.06%-50.01K
Vanguard Small Cap Index1.41M2.42%-9.42K
iShares Russell 2000 ETF1.38M2.39%-26.36K
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 ETF587.47K1.01%-735.00
Fidelity Small Cap Index586.31K1.01%3.29K
AQR Diversified Arbitrage I540.75K0.93%153.14K

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 (7.78M 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 1.89M ALLETE shares.

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