Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

321 institutional holders +14 vs Q3 2023
45,079,24045.1m shares reported held*
$2.8bnreported value*
42 new 104 added 115 reduced 39 sold out net bought ≈ $62.0m (+1.0m 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $61.16. Options: 3 managers hold calls ($366.6k notional), 1 hold puts ($0).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 285Q4 22: 304Q1 23: 289Q2 23: 311Q3 23: 307Q4 23: 321321Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311
Q3 2023307
Q4 2023321

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 23Q3 23: 147 bought or addedQ3 23: 142 cut or sold outQ3 23Q4 23: 146 bought or addedQ4 23: 154 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022144130
Q1 2023140129
Q2 2023153126
Q3 2023147142
Q4 2023146154

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 23 calls: $585.8kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $718.8kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $485.8kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $366.6kQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$585.8k$00.00
Q2 2023$718.8k$00.00
Q3 2023$485.8k$00.00
Q4 2023$366.6k$00.00

Biggest buyers

MORGAN STANLEY Added +959,670+959.7k
NEUBERGER BERMAN GROUP LLC New +413,628+413.6k
BlackRock Inc. Added +409,890+409.9k
Thrivent Financial for Lutherans Added +405,830+405.8k
Point72 Asset Management, L.P. New +397,900+397.9k
Assenagon Asset Management S.A. Added +266,505+266.5k
ADAGE CAPITAL PARTNERS GP, L.L.C. New +250,000+250.0k
JPMORGAN CHASE & CO Added +233,743+233.7k
VANGUARD GROUP INC Added +176,709+176.7k
HITE Hedge Asset Management LLC New +154,277+154.3k

Biggest sellers

MACQUARIE GROUP LTD Reduced -567,084-567.1k
DEPRINCE RACE & ZOLLO INC Reduced -411,200-411.2k
TRUIST FINANCIAL CORP Reduced -344,007-344.0k
MILLENNIUM MANAGEMENT LLC Reduced -280,747-280.7k
FIRST TRUST ADVISORS LP Reduced -154,124-154.1k
Lighthouse Investment Partners, LLC Sold out -154,122-154.1k
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC Reduced -125,439-125.4k
NATIXIS ADVISORS, LLC Reduced -121,147-121.1k
Cubist Systematic Strategies, LLC Reduced -120,918-120.9k
GOLDMAN SACHS GROUP INC Reduced -119,429-119.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $348.6k5.7k shares
SIMPLEX TRADING, LLC New $18.0k300 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 7,786,8337.8m $476.2m $476.2m 0.01% Added +409.9k +409,890
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,579,5046.6m $402.4m $402.4m 0.01% Added +176.7k +176,709
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,327,1092.3m $142.3m $142.3m 0.01% Added +56.7k +56,706
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,684,6061.7m $103.0m $103.0m 0.00% Added +959.7k +959,670
5 VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio San Antonio, TX 1,302,0881.3m $79.6m $79.6m 0.08% Reduced -7.8k -7,800
6 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,262,5871.3m $77.2m $77.2m 0.01% Added +55.1k +55,065
7 FIRST TRUST ADVISORS LP 0.08% of their portfolio Wheaton, IL 1,253,5711.3m $76.7m $76.7m 0.08% Reduced -154.1k -154,124
8 FMR LLC 0.01% of their portfolio BOSTON, MA 1,155,5991.2m $70.7m $70.7m 0.01% Reduced -98.8k -98,766
9 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 929,313929.3k $56.8m $56.8m 0.01% Added +137.3k +137,322
10 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 888,731888.7k $54.4m $54.4m 0.02% Added +24.7k +24,690
11 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 762,857762.9k $46.7m $46.7m 0.01% Reduced -66.7k -66,707
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 716,941716.9k $43.8m $43.8m 0.01% Added +22.1k +22,139
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 697,192697.2k $42.6m $42.6m 0.01% Added +12.4k +12,383
14 Aristotle Capital Boston, LLC 1.25% of their portfolio BOSTON, MA 666,055666.1k $40.7m $40.7m 1.25% Reduced -25.2k -25,175
15 MACQUARIE GROUP LTD 0.05% of their portfolio Sydney, NSW 2000, C3 657,697657.7k $40.2m $40.2m 0.05% Reduced -567.1k -567,084
16 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 642,426642.4k $39.3m $39.3m 0.01% Added +96.3k +96,315
17 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 585,243585.2k $35.8m $35.8m 0.02% Added +21.1k +21,123
18 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.62% of their portfolio RADNOR, PA 560,295560.3k $34.3m $34.3m 0.62% Reduced -125.4k -125,439
19 OLD REPUBLIC INTERNATIONAL CORP 1.25% of their portfolio CHICAGO, IL 541,100541.1k $33.1m $33.1m 1.25% Reduced -4.0k -4,000
20 DEPRINCE RACE & ZOLLO INC 0.72% of their portfolio Winter Park, FL 520,302520.3k $31.8m $31.8m 0.72% Reduced -411.2k -411,200
21 Assenagon Asset Management S.A. 0.09% of their portfolio SENNINGERBERG, N4 504,362504.4k $30.8m $30.8m 0.09% Added +266.5k +266,505
22 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 464,434464.4k $28.4m $28.4m 0.00% Added +233.7k +233,743
23 SEGALL BRYANT & HAMILL, LLC 0.53% of their portfolio CHICAGO, IL 446,603446.6k $27.3m $27.3m 0.53% Reduced -63.9k -63,874
24 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 420,202420.2k $25.7m $25.7m 0.06% Added +405.8k +405,830
25 FRONTIER CAPITAL MANAGEMENT CO LLC 0.26% of their portfolio Boston, MA 419,311419.3k $25.6m $25.6m 0.26% Reduced -6.7k -6,670
26 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 413,628413.6k $25.3m $25.3m 0.02% New
27 Point72 Asset Management, L.P. 0.07% of their portfolio STAMFORD, CT 397,900397.9k $24.3m $24.3m 0.07% New
28 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 386,237386.2k $23.6m $23.6m 0.04% Reduced -9.7k -9,725
29 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 347,768347.8k $21.3m $21.3m 0.03% Added +121.8k +121,838
30 JUPITER ASSET MANAGEMENT LTD 0.21% of their portfolio London, X0 339,627339.6k $20.8m $20.8m 0.21% Unchanged
31 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.32% of their portfolio BLOOMFIELD HILLS, MI 323,327323.3k $19.8m $19.8m 1.32% Reduced -8.5k -8,456
32 Legal & General Group Plc 0.01% of their portfolio London, X0 301,941301.9k $18.5m $18.5m 0.01% Added +20.1k +20,083
33 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 300,319300.3k $18.4m $18.4m 0.03% Reduced -10.5k -10,531
34 GABELLI FUNDS LLC 0.13% of their portfolio Rye, NY 281,500281.5k $17.2m $17.2m 0.13% Reduced -38.2k -38,250
35 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 267,075267.1k $16.3m $16.3m 0.01% Added +5.1k +5,088
36 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 250,000250.0k $15.3m $15.3m 0.03% New
37 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 238,741238.7k $14.6m $14.6m 0.03% Reduced -24.7k -24,725
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 215,364215.4k $13.2m $13.2m 0.00% Added +4.8k +4,801
39 KENNEDY CAPITAL MANAGEMENT LLC 0.28% of their portfolio ST LOUIS, MO 208,424208.4k $12.7m $12.7m 0.28% Reduced -17.1k -17,050
40 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 202,157202.2k $12.4m $12.4m 0.01% Reduced -461 -461
41 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 198,112198.1k $12.1m $12.1m 0.04% Added +8.8k +8,800
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 193,917193.9k $11.9m $11.9m 0.00% Added +59.3k +59,295
43 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 188,374188.4k $11.5m $11.5m 0.02% Reduced -9.4k -9,393
44 Retirement Systems of Alabama 0.05% of their portfolio MONTGOMERY, AL 185,386185.4k $11.3m $11.3m 0.05% Added +318 +318
45 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 171,785171.8k $10.5m $10.5m 0.00% Added +11.9k +11,913
46 LOOMIS SAYLES & CO L P 0.02% of their portfolio BOSTON, MA 166,114166.1k $10.2m $10.2m 0.02% Reduced -15.8k -15,792
47 ArrowMark Colorado Holdings LLC 0.11% of their portfolio Denver, CO 163,000163.0k $10.0m $10.0m 0.11% Unchanged
48 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 162,906162.9k $10.0m $10.0m 0.00% Reduced -119.4k -119,429
49 HITE Hedge Asset Management LLC 0.99% of their portfolio BRAINTREE, MA 154,277154.3k $9.4m $9.4m 0.99% New
50 ProShare Advisors LLC 0.03% of their portfolio BETHESDA, MD 146,823146.8k $9.0m $9.0m 0.03% Reduced -8.5k -8,543
51 Brandywine Global Investment Management, LLC 0.07% of their portfolio PHILADELPHIA, PA 133,625133.6k $8.2m $8.2m 0.07% Reduced -13.8k -13,833
52 VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio ATLANTA, GA 130,276130.3k $8.0m $8.0m 0.01% Reduced -81.8k -81,816
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 127,826127.8k $7.8m $7.8m 0.00% Added +92.1k +92,056
54 Yaupon Capital Management LP 0.83% of their portfolio NEW YORK, NY 125,665125.7k $7.7m $7.7m 0.83% New
55 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 122,765122.8k $7.5m $7.5m 0.00% Added +2.7k +2,726
56 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 116,512116.5k $7.1m $7.1m 0.01% Added +64.7k +64,746
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 113,570113.6k $6.9m $6.9m 0.00% Added +33.0k +33,029
58 Swiss National Bank 0.01% of their portfolio ZURICH, V8 113,100113.1k $6.9m $6.9m 0.01% Reduced -12.9k -12,900
59 PEREGRINE CAPITAL MANAGEMENT LLC 0.20% of their portfolio MINNEAPOLIS, MN 108,472108.5k $6.6m $6.6m 0.20% Reduced -35.8k -35,824
60 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio HARRISBURG, PA 107,888107.9k $6.6m $6.6m 0.05% Added +1.8k +1,756
61 AMERICAN INTERNATIONAL GROUP, INC. 0.03% of their portfolio New York, NY 105,917105.9k $6.5m $6.5m 0.03% Reduced -3.3k -3,335
62 California Public Employees Retirement System 0.00% of their portfolio Sacramento, CA 102,768102.8k $6.3m $6.3m 0.00% Unchanged
63 Invenomic Capital Management LP 0.32% of their portfolio BOSTON, MA 98,60198.6k $6.0m $6.0m 0.32% Reduced -22.4k -22,386
64 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 95,27595.3k $5.8m $5.8m 0.01% Reduced -893 -893
65 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 95,09195.1k $5.8m $5.8m 0.01% Added +2.1k +2,090
66 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 94,44494.4k $5.8m $5.8m 0.02% Added +87.9k +87,946
67 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 86,05386.1k $5.3m $5.3m 0.00% Added +3.0k +3,015
68 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 83,63283.6k $5.1m $5.1m 0.00% Added +1.7k +1,725
69 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 73,86473.9k $4.5m $4.5m 0.00% Added +8.2k +8,165
70 Keeley-Teton Advisors, LLC 0.57% of their portfolio Chicago, IL 71,78571.8k $4.4m $4.4m 0.57% Reduced -4.6k -4,582
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 67,58867.6k $4.1m $4.1m 0.00% Reduced -2.1k -2,058
72 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 64,83364.8k $4.0m $4.0m 0.01% New
73 MARTINGALE ASSET MANAGEMENT L P 0.08% of their portfolio BOSTON, MA 64,35164.4k $3.9m $3.9m 0.08% Added +4.9k +4,940
74 MetLife Investment Management, LLC 0.03% of their portfolio Whippany, NJ 61,69661.7k $3.8m $3.8m 0.03% Reduced -464 -464
75 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 61,28561.3k $3.7m $3.7m 0.01% Reduced -35.8k -35,778
76 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 60,70960.7k $3.7m $3.7m 0.01% Reduced -2.7k -2,730
77 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 58,44458.4k $3.6m $3.6m 0.00% Reduced -280.7k -280,747
78 ALGERT GLOBAL LLC 0.14% of their portfolio SAN FRANCISCO, CA 57,99058.0k $3.5m $3.5m 0.14% Unchanged
79 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 57,42357.4k $3.5m $3.5m 0.01% Reduced -3.9k -3,927
80 TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio AUSTIN, TX 49,65149.7k $3.0m $3.0m 0.03% Added +904 +904
81 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 47,86247.9k $2.9m $2.9m 0.03% Added +645 +645
82 Gotham Asset Management, LLC 0.05% of their portfolio NEW YORK, NY 47,68147.7k $2.9m $2.9m 0.05% Added +5.2k +5,235
83 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 45,04045.0k $2.8m $2.8m 0.01% Unchanged
84 Man Group plc 0.01% of their portfolio LONDON, X0 44,52444.5k $2.7m $2.7m 0.01% New
85 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.02% of their portfolio FRANKFORT, KY 41,57941.6k $2.5m $2.5m 0.02% Unchanged
86 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 40,55840.6k $2.5m $2.5m 0.02% Reduced -4.9k -4,910
87 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 39,84439.8k $2.4m $2.4m 0.00% Reduced -3.6k -3,611
88 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 39,71139.7k $2.4m $2.4m 0.02% Added +25.4k +25,351
89 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 38,63438.6k $2.4m $2.4m 0.00% Reduced -230 -230
90 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 37,10637.1k $2.3m $2.3m 0.00% Added +18.6k +18,581
91 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio New York, NY 35,51735.5k $2.2m $2.2m 0.03% Reduced -1.8k -1,798
92 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 35,35835.4k $2.2m $2.2m 0.00% Reduced -17.7k -17,657
93 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 35,06135.1k $2.1m $2.1m 0.01% New
94 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 34,37234.4k $2.1m $2.1m 0.00% Added +496 +496
95 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 34,24234.2k $2.1m $2.1m 0.01% Added +1.9k +1,943
96 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 33,56633.6k $2.1m $2.1m 0.00% Added +3.5k +3,522
97 AMALGAMATED BANK 0.02% of their portfolio NEW YORK, NY 32,96633.0k $2.0m $2.0m 0.02% Reduced -597 -597
98 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 32,40032.4k $2.0m $2.0m 0.00% Added +3.9k +3,879
99 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 30,53930.5k $1.9m $1.9m 0.00% Reduced -344.0k -344,007
100 TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio AUSTIN, TX 30,10330.1k $1.8m $1.8m 0.01% Reduced -8.4k -8,408