Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

330 institutional holders -3 vs Q2 2024
42,453,42842.5m shares reported held*
$2.7bnreported value*
28 new 105 added 126 reduced 34 sold out net sold ≈ $79.8m (-1.2m 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 ($8.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.16. Options: 2 managers hold calls ($674.0k notional), 3 hold puts ($698.8k).

Trends to Q3 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: 333Q3 24: 330330Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311
Q3 2023307
Q4 2023321
Q1 2024311
Q2 2024333
Q3 2024330

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 outQ1 23: 140 bought or addedQ1 23: 129 cut or sold outQ1 23Q2 23: 153 bought or addedQ2 23: 126 cut or sold outQ3 23: 147 bought or addedQ3 23: 142 cut or sold outQ3 23Q4 23: 146 bought or addedQ4 23: 154 cut or sold outQ1 24: 129 bought or addedQ1 24: 157 cut or sold outQ1 24Q2 24: 168 bought or addedQ2 24: 143 cut or sold outQ3 24: 133 bought or addedQ3 24: 160 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022144130
Q1 2023140129
Q2 2023153126
Q3 2023147142
Q4 2023146154
Q1 2024129157
Q2 2024168143
Q3 2024133160

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ4 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 1.65Q3 24 calls: $674.0kQ3 24 puts: $698.8kQ3 24P/C 1.04
Numbers
QuarterCallsPutsP/C
Q4 2023$366.6k$00.00
Q1 2024$369.8k$00.00
Q2 2024$268.1k$442.4k1.65
Q3 2024$674.0k$698.8k1.04

Biggest buyers

Qube Research & Technologies Ltd Added +294,028+294.0k
Squarepoint Ops LLC Added +240,588+240.6k
Taconic Capital Advisors LP Added +198,142+198.1k
WELLS FARGO & COMPANY/MN Added +158,531+158.5k
TWO SIGMA INVESTMENTS, LP Added +155,529+155.5k
Absolute Gestao de Investimentos Ltda. New +144,175+144.2k
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +116,020+116.0k
GLAZER CAPITAL, LLC New +89,822+89.8k
TWO SIGMA ADVISERS, LP New +87,300+87.3k
SONA ASSET MANAGEMENT (US) LLC New +82,931+82.9k

Biggest sellers

Aristotle Capital Boston, LLC Reduced -385,099-385.1k
Invesco Ltd. Reduced -336,820-336.8k
JPMORGAN CHASE & CO Reduced -297,509-297.5k
MACQUARIE GROUP LTD Reduced -232,390-232.4k
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC Reduced -213,567-213.6k
WATER ISLAND CAPITAL LLC Reduced -165,107-165.1k
ArrowMark Colorado Holdings LLC Sold out -163,000-163.0k
LMR Partners LLP Sold out -119,500-119.5k
Retirement Systems of Alabama Reduced -114,449-114.4k
AMERICAN CENTURY COMPANIES INC Reduced -113,275-113.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $674.0k10.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $686.8k10.7k shares
SIMPLEX TRADING, LLC Added $12.0k200 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 7,622,4757.6m $489.3m $489.3m 0.01% First filing
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,344,5666.3m $407.3m $407.3m 0.01% Added +23.9k +23,874
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,459,6922.5m $157.9m $157.9m 0.01% Added +13.3k +13,335
4 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,395,3621.4m $89.6m $89.6m 0.01% Added +21.9k +21,850
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.12% of their portfolio Boston, MA 1,101,7881.1m $70.7m $70.7m 0.12% Added +116.0k +116,020
6 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 958,062958.1k $61.5m $61.5m 0.01% Reduced -6.1k -6,131
7 FMR LLC 0.00% of their portfolio BOSTON, MA 936,170936.2k $60.1m $60.1m 0.00% Reduced -5.1k -5,084
8 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 926,105926.1k $59.4m $59.4m 0.05% Added +28.5k +28,483
9 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 817,895817.9k $52.5m $52.5m 0.05% Reduced -82.1k -82,064
10 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 773,162773.2k $49.6m $49.6m 0.01% Reduced -85.9k -85,891
11 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 766,343766.3k $49.2m $49.2m 0.01% Added +7.7k +7,739
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 686,778686.8k $44.1m $44.1m 0.00% Reduced -14.4k -14,389
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 665,018665.0k $42.7m $42.7m 0.01% Reduced -4.8k -4,815
14 Taconic Capital Advisors LP 3.74% of their portfolio NEW YORK, NY 653,142653.1k $41.9m $41.9m 3.74% Added +198.1k +198,142
15 AQR Arbitrage LLC 0.97% of their portfolio Greenwich, CT 650,132650.1k $41.7m $41.7m 0.97% Added +55.6k +55,635
16 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 628,635628.6k $40.4m $40.4m 0.07% Added +294.0k +294,028
17 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 564,230564.2k $36.2m $36.2m 0.01% Reduced -83.0k -82,986
18 OLD REPUBLIC INTERNATIONAL CORP 1.30% of their portfolio CHICAGO, IL 541,100541.1k $34.7m $34.7m 1.30% Unchanged
19 GABELLI FUNDS LLC 0.23% of their portfolio Rye, NY 488,889488.9k $31.4m $31.4m 0.23% Added +47.3k +47,325
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 452,717452.7k $29.1m $29.1m 0.00% Reduced -297.5k -297,509
21 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 410,067410.1k $26.3m $26.3m 0.04% Added +24.3k +24,317
22 Squarepoint Ops LLC 0.08% of their portfolio NEW YORK, NY 403,554403.6k $25.9m $25.9m 0.08% Added +240.6k +240,588
23 ALPINE ASSOCIATES MANAGEMENT INC. 1.17% of their portfolio PALM BEACH, FL 398,047398.0k $25.6m $25.6m 1.17% Added +45.4k +45,447
24 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 368,194368.2k $23.6m $23.6m 0.02% Added +5.4k +5,406
25 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 355,762355.8k $22.8m $22.8m 0.01% Added +398 +398
26 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.34% of their portfolio RADNOR, PA 332,569332.6k $21.3m $21.3m 0.34% Reduced -213.6k -213,567
27 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 332,096332.1k $21.3m $21.3m 0.01% Unchanged
28 Governors Lane LP 3.24% of their portfolio NEW YORK, NY 322,200322.2k $20.7m $20.7m 3.24% Unchanged
29 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.16% of their portfolio BLOOMFIELD HILLS, MI 317,559317.6k $20.4m $20.4m 1.16% Reduced -2.1k -2,066
30 SEGALL BRYANT & HAMILL, LLC 0.27% of their portfolio CHICAGO, IL 308,168308.2k $19.8m $19.8m 0.27% Reduced -56.6k -56,647
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 290,157290.2k $18.6m $18.6m 0.00% Reduced -336.8k -336,820
32 FIL Ltd 0.02% of their portfolio HAMILTON, D0 282,996283.0k $18.2m $18.2m 0.02% Added +433 +433
33 Legal & General Group Plc 0.00% of their portfolio London, X0 278,786278.8k $17.9m $17.9m 0.00% Reduced -5.6k -5,644
34 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 249,195249.2k $16.0m $16.0m 0.01% Added +10.0k +9,991
35 Aristotle Capital Boston, LLC 0.46% of their portfolio BOSTON, MA 217,148217.1k $13.9m $13.9m 0.46% Reduced -385.1k -385,099
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 205,634205.6k $13.2m $13.2m 0.00% Reduced -16.2k -16,205
37 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 202,379202.4k $13.0m $13.0m 0.01% Reduced -4.0k -4,026
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 200,469200.5k $12.9m $12.9m 0.00% Added +24.1k +24,064
39 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio JUPITER, FL 197,825197.8k $12.7m $12.7m 0.05% Reduced -30.0k -29,995
40 GABELLI & Co INVESTMENT ADVISERS, INC. 2.15% of their portfolio Rye, NY 197,050197.1k $12.6m $12.6m 2.15% Added +60.0k +60,050
41 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 196,540196.5k $12.6m $12.6m 0.00% Added +158.5k +158,531
42 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 189,732189.7k $12.2m $12.2m 0.01% Reduced -4.3k -4,303
43 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 185,862185.9k $11.9m $11.9m 0.04% Reduced -9.9k -9,900
44 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 184,825184.8k $11.9m $11.9m 0.03% Added +155.5k +155,529
45 STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio MADISON, WI 183,983184.0k $11.8m $11.8m 0.03% Added +57.9k +57,922
46 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 180,339180.3k $11.6m $11.6m 0.01% Reduced -50.3k -50,258
47 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 146,189146.2k $9.4m $9.4m 0.01% Reduced -9.4k -9,353
48 KENNEDY CAPITAL MANAGEMENT LLC 0.21% of their portfolio ST LOUIS, MO 145,324145.3k $9.3m $9.3m 0.21% Reduced -73.5k -73,520
49 Absolute Gestao de Investimentos Ltda. 3.14% of their portfolio SAO PAULO, D5 144,175144.2k $9.3m $9.3m 3.14% New
50 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 144,106144.1k $9.3m $9.3m 0.01% Reduced -112.7k -112,659
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 135,201135.2k $8.7m $8.7m 0.00% Reduced -26.3k -26,336
52 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 129,635129.6k $8.3m $8.3m 0.01% Added +28.6k +28,612
53 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 126,876126.9k $8.1m $8.1m 0.02% Added +1.3k +1,279
54 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 121,631121.6k $7.8m $7.8m 0.01% Added +63.1k +63,091
55 Swiss National Bank 0.00% of their portfolio ZURICH, V8 112,800112.8k $7.2m $7.2m 0.00% Reduced -600 -600
56 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.04% of their portfolio HARRISBURG, PA 109,816109.8k $7.0m $7.0m 0.04% Reduced -5.9k -5,912
57 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 108,488108.5k $7.0m $7.0m 0.07% Added +5.8k +5,809
58 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 104,801104.8k $6.7m $6.7m 0.00% Reduced -15.7k -15,732
59 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 100,079100.1k $6.4m $6.4m 0.00% Added +65.2k +65,222
60 Corebridge Financial, Inc. 0.03% of their portfolio HOUSTON, TX 98,92398.9k $6.3m $6.3m 0.03% Reduced -4.9k -4,854
61 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 96,38796.4k $6.2m $6.2m 0.04% Added +46.1k +46,089
62 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 95,49995.5k $6.1m $6.1m 0.01% Reduced -70.2k -70,214
63 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,96290.0k $5.8m $5.8m 0.00% Reduced -44.7k -44,704
64 GLAZER CAPITAL, LLC 0.34% of their portfolio New York, NY 89,82289.8k $5.8m $5.8m 0.34% New
65 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 87,30087.3k $5.6m $5.6m 0.01% New
66 SONA ASSET MANAGEMENT (US) LLC 0.28% of their portfolio NEW YORK, NY 82,93182.9k $5.3m $5.3m 0.28% New
67 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 82,69982.7k $5.3m $5.3m 0.01% Added +23.4k +23,400
68 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio New York, NY 81,42281.4k $5.2m $5.2m 0.06% Reduced -3.2k -3,185
69 Polar Asset Management Partners Inc. 0.12% of their portfolio TORONTO, A6 80,00080.0k $5.1m $5.1m 0.12% Added +40.0k +40,000
70 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 71,91771.9k $4.6m $4.6m 0.00% Added +16.6k +16,632
71 ALGERT GLOBAL LLC 0.12% of their portfolio SAN FRANCISCO, CA 71,01871.0k $4.6m $4.6m 0.12% Added +30.0k +30,030
72 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 70,15770.2k $4.5m $4.5m 0.02% Reduced -114.4k -114,449
73 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,44367.4k $4.3m $4.3m 0.00% Reduced -27.7k -27,696
74 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 66,56166.6k $4.3m $4.3m 0.01% Reduced -74.7k -74,690
75 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 66,17566.2k $4.2m $4.2m 0.00% Added +595 +595
76 Keeley-Teton Advisors, LLC 0.47% of their portfolio Chicago, IL 65,80865.8k $4.2m $4.2m 0.47% Reduced -2.4k -2,370
77 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 65,05665.1k $4.2m $4.2m 0.00% Added +5.8k +5,799
78 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 64,43664.4k $4.1m $4.1m 0.03% Reduced -69.3k -69,292
79 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 62,30862.3k $4.0m $4.0m 0.02% Reduced -507 -507
80 DLD Asset Management, LP 0.63% of their portfolio NEW YORK, NY 61,14861.1k $3.9m $3.9m 0.63% Added +52.0k +52,048
81 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 59,66159.7k $3.8m $3.8m 0.00% Added +3.4k +3,367
82 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 58,36258.4k $3.7m $3.7m 0.00% Reduced -12.7k -12,721
83 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 57,53057.5k $3.7m $3.7m 0.00% Added +46.6k +46,639
84 WINTON GROUP Ltd 0.26% of their portfolio LONDON, X0 56,87456.9k $3.7m $3.7m 0.26% Reduced -414 -414
85 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 54,18754.2k $3.5m $3.5m 0.01% Reduced -2.5k -2,546
86 PRELUDE CAPITAL MANAGEMENT, LLC 0.27% of their portfolio NEW YORK, NY 53,73953.7k $3.4m $3.4m 0.27% Added +29.6k +29,560
87 Crestline Management, L.P. 0.19% of their portfolio FORT WORTH, TX 51,71151.7k $3.3m $3.3m 0.19% Unchanged
88 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 51,30651.3k $3.3m $3.3m 0.03% Reduced -353 -353
89 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 51,03251.0k $3.3m $3.3m 0.01% Unchanged
90 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 49,26549.3k $3.2m $3.2m 0.02% Reduced -524 -524
91 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 49,05449.1k $3.1m $3.1m 0.00% Reduced -232.4k -232,390
92 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 48,27948.3k $3.1m $3.1m 0.02% Reduced -5.3k -5,257
93 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 47,34147.3k $3.0m $3.0m 0.01% Added +13.1k +13,080
94 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 46,48046.5k $3.0m $3.0m 0.04% Added +4.8k +4,850
95 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 44,63344.6k $2.9m $2.9m 0.05% Added +10.3k +10,302
96 GAMCO INVESTORS, INC. ET AL 0.03% of their portfolio GREENWICH, CT 44,52844.5k $2.9m $2.9m 0.03% Added +1.6k +1,560
97 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 41,67241.7k $2.7m $2.7m 0.01% Added +11.7k +11,672
98 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 38,91038.9k $2.5m $2.5m 0.01% Added +2.2k +2,202
99 Boston Partners 0.00% of their portfolio BOSTON, MA 37,93737.9k $2.4m $2.4m 0.00% Reduced -3.9k -3,936
100 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 37,06337.1k $2.4m $2.4m 0.00% Reduced -27.8k -27,849