Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

311 institutional holders +22 vs Q1 2023
43,574,38843.6m shares reported held*
$2.5bnreported value*
48 new 105 added 99 reduced 27 sold out net sold ≈ $96.1m (-1.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.98. Options: 2 managers hold calls ($718.8k notional), 1 hold puts ($0).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 285Q4 22: 304Q1 23: 289Q2 23: 311311Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 144 bought or addedQ4 22: 130 cut or sold outQ4 22Q1 23: 140 bought or addedQ1 23: 129 cut or sold outQ1 23Q2 23: 153 bought or addedQ2 23: 126 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022144130
Q1 2023140129
Q2 2023153126

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6mQ3 22 calls: $1.3mQ3 22 puts: $95.0kQ3 22P/C 0.07Q4 22 calls: $4.3mQ4 22 puts: $77.4kQ4 22P/C 0.02Q1 23 calls: $585.8kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $718.8kQ2 23 puts: $0Q2 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$1.3m$95.0k0.07
Q4 2022$4.3m$77.4k0.02
Q1 2023$585.8k$00.00
Q2 2023$718.8k$00.00

Biggest buyers

Zimmer Partners, LP New +610,250+610.2k
MARSHALL WACE, LLP New +170,240+170.2k
Cubist Systematic Strategies, LLC Added +146,250+146.2k
Lighthouse Investment Partners, LLC New +113,674+113.7k
JUPITER ASSET MANAGEMENT LTD New +108,045+108.0k
MILLENNIUM MANAGEMENT LLC Added +92,845+92.8k
Nuveen Asset Management, LLC Added +87,242+87.2k
MORGAN STANLEY Added +83,199+83.2k
ExodusPoint Capital Management, LP New +79,867+79.9k
PUTNAM INVESTMENTS LLC Added +74,749+74.7k

Biggest sellers

ATLAS Infrastructure Partners (UK) Ltd. Sold out -1,589,714-1.6m
FMR LLC Reduced -1,305,938-1.3m
GOLDMAN SACHS GROUP INC Reduced -456,363-456.4k
Invesco Ltd. Reduced -161,783-161.8k
Brandywine Global Investment Management, LLC Reduced -149,573-149.6k
STATE STREET CORP Reduced -75,963-76.0k
AMERICAN CENTURY COMPANIES INC Reduced -74,096-74.1k
HEARTLAND ADVISORS INC Reduced -68,025-68.0k
CITADEL ADVISORS LLC Reduced -52,282-52.3k
TRUIST FINANCIAL CORP Reduced -48,374-48.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $718.8k12.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 7,240,6467.2m $419.7m $419.7m 0.01% Reduced -42.8k -42,772
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,272,6826.3m $363.6m $363.6m 0.01% Reduced -8.7k -8,722
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,270,1322.3m $131.6m $131.6m 0.01% Reduced -76.0k -75,963
4 VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio San Antonio, TX 2,186,7072.2m $126.8m $126.8m 0.14% Added +35.8k +35,804
5 FIRST TRUST ADVISORS LP 0.09% of their portfolio Wheaton, IL 1,322,1041.3m $76.6m $76.6m 0.09% Added +14.0k +14,007
6 MACQUARIE GROUP LTD 0.09% of their portfolio Sydney, NSW 2000, C3 1,291,1241.3m $74.8m $74.8m 0.09% Reduced -29.7k -29,740
7 FMR LLC 0.01% of their portfolio BOSTON, MA 1,247,9441.2m $72.3m $72.3m 0.01% Reduced -1.3m -1,305,938
8 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,158,9211.2m $67.2m $67.2m 0.01% Added +58.2k +58,214
9 DEPRINCE RACE & ZOLLO INC 1.26% of their portfolio Winter Park, FL 944,570944.6k $54.8m $54.8m 1.26% Added +17.3k +17,256
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 845,644845.6k $49.0m $49.0m 0.00% Added +83.2k +83,199
11 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 790,378790.4k $45.8m $45.8m 0.01% Reduced -20.1k -20,055
12 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 783,150783.1k $45.4m $45.4m 0.01% Added +26.7k +26,699
13 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 728,335728.3k $42.2m $42.2m 0.01% Reduced -161.8k -161,783
14 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 705,643705.6k $40.9m $40.9m 0.01% Reduced -41.5k -41,454
15 Aristotle Capital Boston, LLC 1.22% of their portfolio BOSTON, MA 698,417698.4k $40.5m $40.5m 1.22% Added +18.7k +18,746
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 672,864672.9k $39.0m $39.0m 0.01% Reduced -1.2k -1,218
17 Zimmer Partners, LP 0.88% of their portfolio NEW YORK, NY 610,250610.2k $35.4m $35.4m 0.88% New
18 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.62% of their portfolio RADNOR, PA 592,551592.6k $34.4m $34.4m 0.62% Added +28.7k +28,734
19 OLD REPUBLIC INTERNATIONAL CORP 1.04% of their portfolio CHICAGO, IL 545,100545.1k $31.6m $31.6m 1.04% Unchanged
20 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 529,404529.4k $30.7m $30.7m 0.01% Added +87.2k +87,242
21 SEGALL BRYANT & HAMILL, LLC 0.30% of their portfolio CHICAGO, IL 499,963500.0k $29.0m $29.0m 0.30% Reduced -1.7k -1,657
22 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 435,016435.0k $25.2m $25.2m 0.02% Reduced -74.1k -74,096
23 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 393,143393.1k $22.8m $22.8m 0.04% Reduced -48.4k -48,374
24 FRONTIER CAPITAL MANAGEMENT CO LLC 0.22% of their portfolio Boston, MA 389,491389.5k $22.6m $22.6m 0.22% Reduced -6.4k -6,427
25 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.33% of their portfolio BLOOMFIELD HILLS, MI 331,204331.2k $19.2m $19.2m 1.33% Added +1.6k +1,558
26 GABELLI FUNDS LLC 0.14% of their portfolio Rye, NY 320,250320.2k $18.6m $18.6m 0.14% Unchanged
27 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 300,536300.5k $17.4m $17.4m 0.03% Reduced -12.3k -12,256
28 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 298,302298.3k $17.3m $17.3m 0.03% Reduced -19.6k -19,585
29 Legal & General Group Plc 0.01% of their portfolio London, X0 287,778287.8k $16.7m $16.7m 0.01% Reduced -21.4k -21,403
30 KENNEDY CAPITAL MANAGEMENT LLC 0.35% of their portfolio ST LOUIS, MO 255,330255.3k $14.8m $14.8m 0.35% Reduced -3.3k -3,330
31 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 239,778239.8k $13.9m $13.9m 0.01% Reduced -9.2k -9,165
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 226,803226.8k $13.1m $13.1m 0.00% Reduced -6.8k -6,776
33 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 210,764210.8k $12.2m $12.2m 0.01% Reduced -3.3k -3,279
34 HEARTLAND ADVISORS INC 0.66% of their portfolio MILWAUKEE, WI 200,000200.0k $11.6m $11.6m 0.66% Reduced -68.0k -68,025
35 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 194,551194.6k $11.3m $11.3m 0.00% Reduced -4.4k -4,364
36 Retirement Systems of Alabama 0.05% of their portfolio MONTGOMERY, AL 187,263187.3k $10.9m $10.9m 0.05% Reduced -826 -826
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 186,374186.4k $10.8m $10.8m 0.00% Reduced -456.4k -456,363
38 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 185,622185.6k $10.8m $10.8m 0.02% Added +19.1k +19,120
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 182,428182.4k $10.6m $10.6m 0.00% Reduced -19.6k -19,578
40 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 177,367177.4k $10.3m $10.3m 0.04% Added +6.8k +6,760
41 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 170,240170.2k $9.9m $9.9m 0.02% New
42 ArrowMark Colorado Holdings LLC 0.10% of their portfolio Denver, CO 163,000163.0k $9.4m $9.4m 0.10% Added +18.0k +18,000
43 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 161,844161.8k $9.4m $9.4m 0.00% Reduced -13.3k -13,333
44 Cubist Systematic Strategies, LLC 0.10% of their portfolio STAMFORD, CT 151,103151.1k $8.8m $8.8m 0.10% Added +146.2k +146,250
45 PEREGRINE CAPITAL MANAGEMENT LLC 0.24% of their portfolio MINNEAPOLIS, MN 150,486150.5k $8.7m $8.7m 0.24% Reduced -6.2k -6,218
46 Brandywine Global Investment Management, LLC 0.07% of their portfolio PHILADELPHIA, PA 149,779149.8k $8.7m $8.7m 0.07% Reduced -149.6k -149,573
47 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 141,919141.9k $8.2m $8.2m 0.02% Reduced -18.4k -18,407
48 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 133,641133.6k $7.7m $7.7m 0.02% Reduced -16.2k -16,227
49 Swiss National Bank 0.00% of their portfolio ZURICH, V8 124,800124.8k $7.2m $7.2m 0.00% Added +1.4k +1,400
50 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 124,022124.0k $7.2m $7.2m 0.01% Unchanged
51 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.06% of their portfolio HARRISBURG, PA 123,706123.7k $7.2m $7.2m 0.06% Added +10.9k +10,914
52 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 114,555114.6k $6.6m $6.6m 0.01% Added +92.8k +92,845
53 AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio New York, NY 113,782113.8k $6.6m $6.6m 0.04% Reduced -1.5k -1,512
54 Lighthouse Investment Partners, LLC 0.50% of their portfolio Palm Beach Gardens, FL 113,674113.7k $6.6m $6.6m 0.50% New
55 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 108,874108.9k $6.3m $6.3m 0.01% Added +59.5k +59,518
56 JUPITER ASSET MANAGEMENT LTD 0.07% of their portfolio London, X0 108,045108.0k $6.3m $6.3m 0.07% New
57 SG Americas Securities, LLC 0.05% of their portfolio NEW YORK, NY 102,919102.9k $6.0m $6.0m 0.05% Added +39.6k +39,551
58 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 97,42497.4k $5.6m $5.6m 0.01% Added +36.0k +36,013
59 Advisors Asset Management, Inc. 0.11% of their portfolio Monument, CO 96,55496.6k $5.6m $5.6m 0.11% Reduced -586 -586
60 PRUDENTIAL FINANCIAL INC 0.01% of their portfolio NEWARK, NJ 95,82695.8k $5.6m $5.6m 0.01% Added +26.4k +26,370
61 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 94,24594.2k $5.5m $5.5m 0.01% Added +74.7k +74,749
62 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 90,03490.0k $5.2m $5.2m 0.00% Reduced -7.1k -7,113
63 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio ALBANY, NY 88,39988.4k $5.1m $5.1m 0.01% Reduced -100 -100
64 Moody Aldrich Partners LLC 0.98% of their portfolio MARBLEHEAD, MA 86,67686.7k $5.0m $5.0m 0.98% Reduced -138 -138
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 82,99883.0k $4.8m $4.8m 0.00% Added +17.1k +17,106
66 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 82,92982.9k $5.3m $5.3m 0.00% Unchanged
67 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 81,86781.9k $4.7m $4.7m 0.00% Added +45.7k +45,698
68 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 80,93080.9k $4.7m $4.7m 0.00% Added +6.2k +6,152
69 ExodusPoint Capital Management, LP 0.05% of their portfolio NEW YORK, NY 79,86779.9k $4.6m $4.6m 0.05% New
70 Keeley-Teton Advisors, LLC 0.58% of their portfolio Chicago, IL 78,42178.4k $4.5m $4.5m 0.58% Reduced -3.7k -3,711
71 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 74,18474.2k $4.3m $4.3m 0.00% Added +10.8k +10,815
72 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 72,39572.4k $4.2m $4.2m 0.02% Added +17.0k +17,040
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 69,67369.7k $4.0m $4.0m 0.01% Reduced -1.9k -1,873
74 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 68,40368.4k $4.0m $4.0m 0.02% New
75 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 64,70664.7k $3.8m $3.8m 0.00% Reduced -1.5k -1,517
76 MetLife Investment Management, LLC 0.03% of their portfolio Whippany, NJ 63,61863.6k $3.7m $3.7m 0.03% Reduced -280 -280
77 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 63,12863.1k $3.7m $3.7m 0.01% Added +57.4k +57,402
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 62,19562.2k $3.6m $3.6m 0.01% Reduced -11.2k -11,227
79 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,88461.9k $3.6m $3.6m 0.00% Reduced -52.3k -52,282
80 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 60,77260.8k $3.5m $3.5m 0.05% New
81 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 59,18859.2k $3.4m $3.4m 0.01% Added +54.9k +54,936
82 ALGERT GLOBAL LLC 0.15% of their portfolio SAN FRANCISCO, CA 57,99058.0k $3.4m $3.4m 0.15% Added +10.8k +10,830
83 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 50,46550.5k $2.9m $2.9m 0.03% Reduced -798 -798
84 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 48,00548.0k $2.8m $2.8m 0.01% New
85 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,73447.7k $2.8m $2.8m 0.00% Added +19.9k +19,892
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 45,88445.9k $2.7m $2.7m 0.00% Reduced -6.2k -6,176
87 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 44,62844.6k $2.6m $2.6m 0.02% Reduced -880 -880
88 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 43,37743.4k $2.5m $2.5m 0.00% Added +4.5k +4,545
89 Magellan Asset Management Ltd 0.02% of their portfolio Sydney, C3 42,41642.4k $2.5m $2.5m 0.02% Added +4.1k +4,110
90 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 41,63241.6k $2.4m $2.4m 0.03% Reduced -4.4k -4,357
91 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 41,50641.5k $2.4m $2.4m 0.00% Reduced -37.5k -37,494
92 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 40,49240.5k $2.3m $2.3m 0.00% Added +2.3k +2,328
93 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 40,21940.2k $2.3m $2.3m 0.01% Added +2.7k +2,733
94 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 38,59938.6k $2.2m $2.2m 0.00% New
95 MARTINGALE ASSET MANAGEMENT L P 0.04% of their portfolio BOSTON, MA 36,67536.7k $2.1m $2.1m 0.04% Added +851 +851
96 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 35,39835.4k $2.1m $2.1m 0.00% Reduced -17.1k -17,058
97 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 34,40034.4k $2.0m $2.0m 0.01% Added +27.6k +27,600
98 AMALGAMATED BANK 0.02% of their portfolio NEW YORK, NY 34,39434.4k $2.0m $2.0m 0.02% Reduced -1.8k -1,830
99 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 33,53133.5k $1.9m $1.9m 0.00% Added +29 +29
100 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio FRANKFORT, KY 32,10032.1k $1.9m $1.9m 0.02% Added +940 +940