Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

333 institutional holders +22 vs Q1 2024
43,759,10943.8m shares reported held*
$2.7bnreported value*
63 new 105 added 101 reduced 42 sold out net sold ≈ $169.3m (-2.7m 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 ($844.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.35. Options: 2 managers hold calls ($268.1k notional), 3 hold puts ($442.4k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 285Q4 22: 304Q1 23: 289Q2 23: 311Q3 23: 307Q4 23: 321Q1 24: 311Q2 24: 333333Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311
Q3 2023307
Q4 2023321
Q1 2024311
Q2 2024333

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 outQ2 23: 153 bought or addedQ2 23: 126 cut or sold outQ2 23Q3 23: 147 bought or addedQ3 23: 142 cut or sold outQ4 23: 146 bought or addedQ4 23: 154 cut or sold outQ4 23Q1 24: 129 bought or addedQ1 24: 157 cut or sold outQ2 24: 168 bought or addedQ2 24: 143 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022144130
Q1 2023140129
Q2 2023153126
Q3 2023147142
Q4 2023146154
Q1 2024129157
Q2 2024168143

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 23 calls: $485.8kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $366.6kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $369.8kQ1 24 puts: $0Q1 24P/C 0.00Q2 24 calls: $268.1kQ2 24 puts: $442.4kQ2 24P/C 1.65
Numbers
QuarterCallsPutsP/C
Q3 2023$485.8k$00.00
Q4 2023$366.6k$00.00
Q1 2024$369.8k$00.00
Q2 2024$268.1k$442.4k1.65

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +812,548+812.5k
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +635,768+635.8k
AQR Arbitrage LLC New +594,497+594.5k
ALPINE ASSOCIATES MANAGEMENT INC. New +352,600+352.6k
Governors Lane LP New +322,200+322.2k
Qube Research & Technologies Ltd Added +313,485+313.5k
FIL Ltd New +282,563+282.6k
HSBC HOLDINGS PLC Added +235,670+235.7k
ALLIANCEBERNSTEIN L.P. Added +235,002+235.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC New +227,820+227.8k

Biggest sellers

VICTORY CAPITAL MANAGEMENT INC Reduced -1,085,812-1.1m
MORGAN STANLEY Reduced -1,056,083-1.1m
AMERICAN CENTURY COMPANIES INC Reduced -647,884-647.9k
Point72 Asset Management, L.P. Sold out -640,957-641.0k
DEPRINCE RACE & ZOLLO INC Sold out -465,288-465.3k
Thrivent Financial for Lutherans Reduced -413,574-413.6k
FRONTIER CAPITAL MANAGEMENT CO LLC Sold out -404,360-404.4k
AMERIPRISE FINANCIAL INC Reduced -388,963-389.0k
MACQUARIE GROUP LTD Reduced -362,759-362.8k
JUPITER ASSET MANAGEMENT LTD Sold out -339,627-339.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $268.1k4.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $436.4k7.0k shares
SIMPLEX TRADING, LLC New $6.0k100 shares
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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 7,505,4687.5m $468.0m $468.0m 0.01% Reduced -24.0k -24,002
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,320,6926.3m $394.1m $394.1m 0.01% Reduced -294.8k -294,804
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,446,3572.4m $152.5m $152.5m 0.01% Added +15.3k +15,283
4 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,373,5121.4m $85.7m $85.7m 0.01% Added +68.1k +68,060
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.11% of their portfolio Boston, MA 985,768985.8k $61.5m $61.5m 0.11% Added +635.8k +635,768
6 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 964,193964.2k $60.1m $60.1m 0.02% Added +52.5k +52,499
7 FMR LLC 0.00% of their portfolio BOSTON, MA 941,254941.3k $58.7m $58.7m 0.00% Reduced -189.4k -189,361
8 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 899,959900.0k $56.1m $56.1m 0.06% Reduced -275.8k -275,760
9 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 897,622897.6k $56.0m $56.0m 0.05% Added +812.5k +812,548
10 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 859,053859.1k $53.6m $53.6m 0.01% Reduced -2.6k -2,601
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 758,604758.6k $47.3m $47.3m 0.01% Added +8.8k +8,825
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 750,226750.2k $46.8m $46.8m 0.00% Reduced -30.5k -30,542
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 701,167701.2k $43.7m $43.7m 0.00% Reduced -1.1m -1,056,083
14 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 669,833669.8k $41.8m $41.8m 0.01% Added +29.9k +29,950
15 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 647,216647.2k $40.4m $40.4m 0.01% Added +25.5k +25,460
16 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 626,977627.0k $39.1m $39.1m 0.01% Reduced -101.0k -100,952
17 Aristotle Capital Boston, LLC 1.26% of their portfolio BOSTON, MA 602,247602.2k $37.6m $37.6m 1.26% Reduced -47.0k -46,989
18 AQR Arbitrage LLC 0.96% of their portfolio Greenwich, CT 594,497594.5k $37.1m $37.1m 0.96% New
19 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.62% of their portfolio RADNOR, PA 546,136546.1k $34.1m $34.1m 0.62% Reduced -16.2k -16,242
20 OLD REPUBLIC INTERNATIONAL CORP 1.37% of their portfolio CHICAGO, IL 541,100541.1k $33.7m $33.7m 1.37% Unchanged
21 Taconic Capital Advisors LP 2.36% of their portfolio NEW YORK, NY 455,000455.0k $28.4m $28.4m 2.36% Not comparable
22 GABELLI FUNDS LLC 0.21% of their portfolio Rye, NY 441,564441.6k $27.5m $27.5m 0.21% Added +164.1k +164,064
23 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 385,750385.8k $24.1m $24.1m 0.04% Added +34.8k +34,810
24 SEGALL BRYANT & HAMILL, LLC 0.40% of their portfolio CHICAGO, IL 364,815364.8k $22.7m $22.7m 0.40% Reduced -73.4k -73,359
25 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 362,788362.8k $22.6m $22.6m 0.02% Reduced -138.0k -137,991
26 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 355,364355.4k $22.2m $22.2m 0.01% Added +235.0k +235,002
27 ALPINE ASSOCIATES MANAGEMENT INC. 1.06% of their portfolio PALM BEACH, FL 352,600352.6k $22.0m $22.0m 1.06% New
28 Qube Research & Technologies Ltd 0.04% of their portfolio LONDON, X0 334,607334.6k $20.9m $20.9m 0.04% Added +313.5k +313,485
29 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 332,096332.1k $20.7m $20.7m 0.02% Unchanged
30 Governors Lane LP 3.12% of their portfolio NEW YORK, NY 322,200322.2k $20.1m $20.1m 3.12% New
31 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.23% of their portfolio BLOOMFIELD HILLS, MI 319,625319.6k $19.9m $19.9m 1.23% Reduced -2.5k -2,504
32 Legal & General Group Plc 0.01% of their portfolio London, X0 284,430284.4k $17.7m $17.7m 0.01% Reduced -17.0k -17,032
33 FIL Ltd 0.02% of their portfolio HAMILTON, D0 282,563282.6k $17.6m $17.6m 0.02% New
34 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 281,444281.4k $17.5m $17.5m 0.02% Reduced -362.8k -362,759
35 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 256,765256.8k $16.0m $16.0m 0.02% Reduced -1.1m -1,085,812
36 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 239,204239.2k $14.9m $14.9m 0.01% Added +235.7k +235,670
37 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 230,597230.6k $14.4m $14.4m 0.01% Reduced -47.7k -47,697
38 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 227,820227.8k $14.2m $14.2m 0.05% New
39 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 221,839221.8k $13.8m $13.8m 0.00% Added +42.4k +42,412
40 KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio ST LOUIS, MO 218,844218.8k $13.6m $13.6m 0.29% Added +25.8k +25,838
41 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 206,405206.4k $12.9m $12.9m 0.01% Added +5.0k +4,987
42 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 195,762195.8k $12.2m $12.2m 0.04% Reduced -130 -130
43 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 194,035194.0k $12.1m $12.1m 0.01% Added +168.6k +168,570
44 WATER ISLAND CAPITAL LLC 1.22% of their portfolio NEW YORK, NY 185,776185.8k $11.6m $11.6m 1.22% New
45 Retirement Systems of Alabama 0.04% of their portfolio MONTGOMERY, AL 184,606184.6k $11.5m $11.5m 0.04% Reduced -970 -970
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 176,405176.4k $11.0m $11.0m 0.00% Reduced -56.5k -56,489
47 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 165,713165.7k $10.3m $10.3m 0.01% Reduced -142.6k -142,587
48 ArrowMark Colorado Holdings LLC 0.12% of their portfolio Denver, CO 163,000163.0k $10.2m $10.2m 0.12% Unchanged
49 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 162,966163.0k $10.2m $10.2m 0.04% New
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 161,537161.5k $10.1m $10.1m 0.00% Added +56.8k +56,837
51 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 155,542155.5k $9.7m $9.7m 0.01% Reduced -10.5k -10,498
52 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 141,251141.3k $8.8m $8.8m 0.01% Reduced -62.4k -62,403
53 GABELLI & Co INVESTMENT ADVISERS, INC. 1.43% of their portfolio Rye, NY 137,000137.0k $8.5m $8.5m 1.43% New
54 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 134,666134.7k $8.4m $8.4m 0.00% Reduced -389.0k -388,963
55 Schonfeld Strategic Advisors LLC 0.06% of their portfolio NEW YORK, NY 133,728133.7k $8.3m $8.3m 0.06% New
56 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 129,717129.7k $8.1m $8.1m 0.00% Reduced -647.9k -647,884
57 STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio MADISON, WI 126,061126.1k $7.9m $7.9m 0.02% Added +44.2k +44,218
58 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 125,597125.6k $7.8m $7.8m 0.02% Reduced -18.8k -18,840
59 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 120,533120.5k $7.5m $7.5m 0.00% Added +36.3k +36,324
60 LMR Partners LLP 0.16% of their portfolio LONDON, X0 119,500119.5k $7.5m $7.5m 0.16% New
61 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio HARRISBURG, PA 115,728115.7k $7.2m $7.2m 0.05% Added +700 +700
62 Swiss National Bank 0.00% of their portfolio ZURICH, V8 113,400113.4k $7.1m $7.1m 0.00% Added +300 +300
63 TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio STAMFORD, CT 106,013106.0k $6.6m $6.6m 0.07% New
64 Corebridge Financial, Inc. 0.04% of their portfolio HOUSTON, TX 103,777103.8k $6.5m $6.5m 0.04% First filing
65 New York Life Investment Management LLC 0.06% of their portfolio New York, NY 102,679102.7k $6.4m $6.4m 0.06% Added +96.5k +96,486
66 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 101,023101.0k $6.3m $6.3m 0.01% Added +68.4k +68,419
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 95,13995.1k $5.9m $5.9m 0.00% Reduced -78.0k -77,956
68 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio New York, NY 84,60784.6k $5.3m $5.3m 0.06% Added +50.4k +50,361
69 Yaupon Capital Management LP 0.40% of their portfolio NEW YORK, NY 72,54972.5k $4.5m $4.5m 0.40% Reduced -78.0k -77,955
70 Capula Management Ltd 0.05% of their portfolio Grand Cayman, E9 72,00072.0k $4.5m $4.5m 0.05% Not comparable
71 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 71,08371.1k $4.4m $4.4m 0.00% Reduced -33 -33
72 Keeley-Teton Advisors, LLC 0.54% of their portfolio Chicago, IL 68,17868.2k $4.3m $4.3m 0.54% Reduced -1.8k -1,817
73 MOORE CAPITAL MANAGEMENT, LP 0.09% of their portfolio NEW YORK, NY 67,59267.6k $4.2m $4.2m 0.09% New
74 MARTINGALE ASSET MANAGEMENT L P 0.09% of their portfolio BOSTON, MA 66,75766.8k $4.2m $4.2m 0.09% Unchanged
75 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 66,67866.7k $4.2m $4.2m 0.00% Added +56.5k +56,496
76 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 65,58065.6k $4.1m $4.1m 0.00% Added +1.5k +1,508
77 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 64,91264.9k $4.0m $4.0m 0.00% Reduced -15.6k -15,647
78 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 62,81562.8k $3.9m $3.9m 0.02% Added +2.6k +2,624
79 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 59,29959.3k $3.7m $3.7m 0.01% Added +17.2k +17,200
80 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 59,25759.3k $3.7m $3.7m 0.00% Reduced -66.3k -66,335
81 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 58,54058.5k $3.6m $3.6m 0.00% Added +38.0k +38,014
82 WINTON GROUP Ltd 0.24% of their portfolio LONDON, X0 57,28857.3k $3.6m $3.6m 0.24% New
83 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 56,73356.7k $3.5m $3.5m 0.01% Reduced -6.5k -6,520
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 56,29456.3k $3.5m $3.5m 0.00% Reduced -1.2k -1,207
85 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 55,28555.3k $3.4m $3.4m 0.00% Added +25.8k +25,836
86 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 53,53653.5k $3.3m $3.3m 0.02% Added +4.7k +4,658
87 Crestline Management, L.P. 0.25% of their portfolio FORT WORTH, TX 51,71151.7k $3.2m $3.2m 0.25% New
88 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 51,65951.7k $3.2m $3.2m 0.03% Added +6.5k +6,509
89 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 51,03251.0k $3.2m $3.2m 0.01% Added +38.3k +38,343
90 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 50,29850.3k $3.1m $3.1m 0.02% New
91 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 49,78949.8k $3.1m $3.1m 0.02% Added +31.4k +31,358
92 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 46,71646.7k $2.9m $2.9m 0.01% Reduced -10.4k -10,368
93 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 42,96843.0k $2.7m $2.7m 0.03% Added +30.0k +29,968
94 Boston Partners 0.00% of their portfolio BOSTON, MA 41,87341.9k $2.6m $2.6m 0.00% Added +11.4k +11,432
95 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 41,63041.6k $2.6m $2.6m 0.04% Added +1.9k +1,950
96 ALGERT GLOBAL LLC 0.08% of their portfolio SAN FRANCISCO, CA 40,98841.0k $2.6m $2.6m 0.08% Added +5.8k +5,808
97 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 40,00040.0k $2.5m $2.5m 0.06% New
98 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 38,19238.2k $2.4m $2.4m 0.01% Added +2.4k +2,372
99 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 38,00938.0k $2.4m $2.4m 0.00% Added +1.5k +1,528
100 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 37,26437.3k $2.3m $2.3m 0.00% Reduced -11.2k -11,155