Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

348 institutional holders +18 vs Q3 2024
42,639,90942.6m shares reported held*
$2.8bnreported value*
38 new 117 added 105 reduced 29 sold out net bought ≈ $4.0m (+40.9k 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 ($5.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.80. Options: 2 managers hold calls ($486.0k notional), 2 hold puts ($505.4k).

Trends to Q4 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: 330Q4 24: 348348Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311
Q3 2023307
Q4 2023321
Q1 2024311
Q2 2024333
Q3 2024330
Q4 2024348

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 133 bought or addedQ3 24: 160 cut or sold outQ4 24: 155 bought or addedQ4 24: 134 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023140129
Q2 2023153126
Q3 2023147142
Q4 2023146154
Q1 2024129157
Q2 2024168143
Q3 2024133160
Q4 2024155134

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 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 1.04Q4 24 calls: $486.0kQ4 24 puts: $505.4kQ4 24P/C 1.04
Numbers
QuarterCallsPutsP/C
Q1 2024$369.8k$00.00
Q2 2024$268.1k$442.4k1.65
Q3 2024$674.0k$698.8k1.04
Q4 2024$486.0k$505.4k1.04

Biggest buyers

HIGHBRIDGE CAPITAL MANAGEMENT LLC New +842,466+842.5k
BlackRock, Inc. Added +298,125+298.1k
GLAZER CAPITAL, LLC Added +275,178+275.2k
Fort Baker Capital Management LP New +266,984+267.0k
AQR Arbitrage LLC Added +197,340+197.3k
Taconic Capital Advisors LP Added +192,629+192.6k
Balyasny Asset Management L.P. Added +142,957+143.0k
UBS Group AG Added +139,056+139.1k
Kapitalo Investimentos Ltda New +134,889+134.9k
Verition Fund Management LLC Added +111,425+111.4k

Biggest sellers

ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -337,500-337.5k
CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC Sold out -332,569-332.6k
Governors Lane LP Sold out -322,200-322.2k
Bank of New York Mellon Corp Reduced -294,620-294.6k
TWO SIGMA INVESTMENTS, LP Sold out -184,825-184.8k
FMR LLC Reduced -161,654-161.7k
OLD REPUBLIC INTERNATIONAL CORP Reduced -158,000-158.0k
WELLS FARGO & COMPANY/MN Reduced -152,263-152.3k
LOOMIS SAYLES & CO L P Sold out -146,189-146.2k
GABELLI FUNDS LLC Reduced -142,200-142.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $486.0k7.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $505.4k7.8k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 7,920,6007.9m $513.3m $513.3m 0.01% Added +298.1k +298,125
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,365,1906.4m $412.5m $412.5m 0.01% Added +20.6k +20,624
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,479,0892.5m $160.6m $160.6m 0.01% Added +19.4k +19,397
4 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,392,2451.4m $90.2m $90.2m 0.01% Reduced -3.1k -3,117
5 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 951,057951.1k $61.6m $61.6m 0.01% Reduced -7.0k -7,005
6 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 906,041906.0k $58.7m $58.7m 0.05% Reduced -20.1k -20,064
7 AQR Arbitrage LLC 1.30% of their portfolio Greenwich, CT 847,472847.5k $54.8m $54.8m 1.30% Added +197.3k +197,340
8 Taconic Capital Advisors LP 4.29% of their portfolio NEW YORK, NY 845,771845.8k $54.8m $54.8m 4.29% Added +192.6k +192,629
9 HIGHBRIDGE CAPITAL MANAGEMENT LLC 2.09% of their portfolio NEW YORK, NY 842,466842.5k $54.6m $54.6m 2.09% New
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 786,588786.6k $51.0m $51.0m 0.01% Added +20.2k +20,245
11 FMR LLC 0.00% of their portfolio BOSTON, MA 774,516774.5k $50.2m $50.2m 0.00% Reduced -161.7k -161,654
12 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.09% of their portfolio Boston, MA 764,288764.3k $49.5m $49.5m 0.09% Reduced -337.5k -337,500
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 758,828758.8k $49.2m $49.2m 0.01% Added +93.8k +93,810
14 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 735,520735.5k $47.7m $47.7m 0.04% Reduced -82.4k -82,375
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 549,795549.8k $35.6m $35.6m 0.00% Reduced -137.0k -136,983
16 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 516,094516.1k $33.4m $33.4m 0.01% Reduced -48.1k -48,136
17 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 493,475493.5k $32.0m $32.0m 0.05% Reduced -135.2k -135,160
18 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 478,542478.5k $31.0m $31.0m 0.01% Reduced -294.6k -294,620
19 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 406,914406.9k $26.3m $26.3m 0.03% Reduced -3.2k -3,153
20 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 398,673398.7k $25.8m $25.8m 0.02% Added +30.5k +30,479
21 Squarepoint Ops LLC 0.07% of their portfolio NEW YORK, NY 398,639398.6k $25.8m $25.8m 0.07% Reduced -4.9k -4,915
22 ALPINE ASSOCIATES MANAGEMENT INC. 1.51% of their portfolio PALM BEACH, FL 383,847383.8k $24.9m $24.9m 1.51% Reduced -14.2k -14,200
23 OLD REPUBLIC INTERNATIONAL CORP 0.98% of their portfolio CHICAGO, IL 383,100383.1k $24.8m $24.8m 0.98% Reduced -158.0k -158,000
24 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 368,115368.1k $23.9m $23.9m 0.01% Added +12.4k +12,353
25 GLAZER CAPITAL, LLC 1.60% of their portfolio New York, NY 365,000365.0k $23.7m $23.7m 1.60% Added +275.2k +275,178
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 352,124352.1k $22.8m $22.8m 0.00% Reduced -100.6k -100,593
27 GABELLI FUNDS LLC 0.17% of their portfolio Rye, NY 346,689346.7k $22.5m $22.5m 0.17% Reduced -142.2k -142,200
28 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 332,096332.1k $21.5m $21.5m 0.01% Unchanged
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 331,472331.5k $21.5m $21.5m 0.00% Added +41.3k +41,315
30 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.13% of their portfolio BLOOMFIELD HILLS, MI 303,463303.5k $19.7m $19.7m 1.13% Reduced -14.1k -14,096
31 FIL Ltd 0.02% of their portfolio HAMILTON, D0 283,312283.3k $18.4m $18.4m 0.02% Added +316 +316
32 SEGALL BRYANT & HAMILL, LLC 0.25% of their portfolio CHICAGO, IL 282,220282.2k $18.3m $18.3m 0.25% Reduced -25.9k -25,948
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 280,138280.1k $18.2m $18.2m 0.00% Added +79.7k +79,669
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 274,257274.3k $17.8m $17.8m 0.00% Added +139.1k +139,056
35 Legal & General Group Plc 0.00% of their portfolio London, X0 268,769268.8k $17.4m $17.4m 0.00% Reduced -10.0k -10,017
36 Fort Baker Capital Management LP 2.82% of their portfolio Larkspur, CA 266,984267.0k $17.3m $17.3m 2.82% New
37 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 255,143255.1k $16.5m $16.5m 0.01% Added +5.9k +5,948
38 Absolute Gestao de Investimentos Ltda. 7.00% of their portfolio SAO PAULO, D5 254,175254.2k $16.5m $16.5m 7.00% Added +110.0k +110,000
39 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 225,205225.2k $14.6m $14.6m 0.04% Added +41.2k +41,222
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 210,466210.5k $13.6m $13.6m 0.00% Added +4.8k +4,832
41 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 209,532209.5k $13.6m $13.6m 0.01% Added +7.2k +7,153
42 Verition Fund Management LLC 0.07% of their portfolio GREENWICH, CT 207,812207.8k $13.5m $13.5m 0.07% Added +111.4k +111,425
43 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio Los Angeles, CA 207,002207.0k $13.4m $13.4m 0.04% Added +21.1k +21,140
44 GABELLI & Co INVESTMENT ADVISERS, INC. 2.27% of their portfolio Rye, NY 205,500205.5k $13.3m $13.3m 2.27% Added +8.4k +8,450
45 Aristotle Capital Boston, LLC 0.47% of their portfolio BOSTON, MA 196,495196.5k $12.7m $12.7m 0.47% Reduced -20.7k -20,653
46 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 189,732189.7k $12.3m $12.3m 0.01% Unchanged
47 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 184,915184.9k $12.0m $12.0m 0.01% Added +4.6k +4,576
48 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.07% of their portfolio HARRISBURG, PA 169,707169.7k $11.0m $11.0m 0.07% Added +59.9k +59,891
49 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 165,730165.7k $10.7m $10.7m 0.02% Added +143.0k +142,957
50 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 146,776146.8k $9.5m $9.5m 0.03% Reduced -51.0k -51,049
51 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 143,421143.4k $9.3m $9.3m 0.00% Added +43.3k +43,342
52 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 142,332142.3k $9.2m $9.2m 0.02% Added +15.5k +15,456
53 KENNEDY CAPITAL MANAGEMENT LLC 0.20% of their portfolio ST LOUIS, MO 136,822136.8k $8.9m $8.9m 0.20% Reduced -8.5k -8,502
54 Kapitalo Investimentos Ltda 5.85% of their portfolio SAO PAULO, D5 134,889134.9k $8.7m $8.7m 5.85% New
55 SONA ASSET MANAGEMENT (US) LLC 0.41% of their portfolio NEW YORK, NY 121,753121.8k $7.9m $7.9m 0.41% Added +38.8k +38,822
56 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 117,703117.7k $7.6m $7.6m 0.01% Reduced -11.9k -11,932
57 Swiss National Bank 0.00% of their portfolio ZURICH, V8 113,600113.6k $7.4m $7.4m 0.00% Added +800 +800
58 Energy Income Partners, LLC 0.14% of their portfolio Westport, CT 105,874105.9k $6.9m $6.9m 0.14% New
59 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 100,950101.0k $6.5m $6.5m 0.00% Reduced -3.9k -3,851
60 New York Life Investment Management LLC 0.06% of their portfolio New York, NY 96,44296.4k $6.2m $6.2m 0.06% Reduced -12.0k -12,046
61 Corebridge Financial, Inc. 0.03% of their portfolio HOUSTON, TX 93,89893.9k $6.1m $6.1m 0.03% Reduced -5.0k -5,025
62 LMR Partners LLP 0.10% of their portfolio LONDON, X0 92,50292.5k $6.0m $6.0m 0.10% New
63 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 92,13092.1k $6.0m $6.0m 0.00% Added +2.2k +2,168
64 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.19% of their portfolio Tokyo, M0 83,00083.0k $5.4m $5.4m 0.19% New
65 PRELUDE CAPITAL MANAGEMENT, LLC 0.42% of their portfolio NEW YORK, NY 78,10378.1k $5.1m $5.1m 0.42% Added +24.4k +24,364
66 Melqart Asset Management (UK) Ltd 0.67% of their portfolio London, X0 76,87976.9k $5.0m $5.0m 0.67% New
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 73,44573.4k $4.8m $4.8m 0.00% Added +6.0k +6,002
68 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 70,30370.3k $4.6m $4.6m 0.02% Added +146 +146
69 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 66,59266.6k $4.3m $4.3m 0.02% Added +4.3k +4,284
70 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 65,65065.7k $4.3m $4.3m 0.00% Reduced -525 -525
71 Keeley-Teton Advisors, LLC 0.48% of their portfolio Chicago, IL 63,23163.2k $4.1m $4.1m 0.48% Reduced -2.6k -2,577
72 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 62,26962.3k $4.0m $4.0m 0.01% Reduced -4.3k -4,292
73 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 62,17662.2k $4.0m $4.0m 0.00% Reduced -2.9k -2,880
74 Polar Asset Management Partners Inc. 0.06% of their portfolio TORONTO, A6 60,00060.0k $3.9m $3.9m 0.06% Reduced -20.0k -20,000
75 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 59,04359.0k $3.8m $3.8m 0.00% Reduced -618 -618
76 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 57,15157.2k $3.7m $3.7m 0.00% Reduced -1.2k -1,211
77 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 56,97357.0k $3.7m $3.7m 0.00% Reduced -38.5k -38,526
78 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 55,75655.8k $3.6m $3.6m 0.04% Added +9.3k +9,276
79 DLD Asset Management, LP 0.62% of their portfolio NEW YORK, NY 55,62755.6k $3.6m $3.6m 0.62% Reduced -5.5k -5,521
80 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 54,92754.9k $3.6m $3.6m 0.02% Reduced -9.5k -9,509
81 GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio GREENWICH, CT 54,75354.8k $3.5m $3.5m 0.04% Added +10.2k +10,225
82 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 54,35254.4k $3.5m $3.5m 0.00% First filing
83 CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio BOSTON, MA 54,00054.0k $3.5m $3.5m 0.02% Added +4.7k +4,735
84 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 53,58753.6k $3.5m $3.5m 0.01% Reduced -600 -600
85 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio TALLAHASSEE, FL 51,44451.4k $3.3m $3.3m 0.01% Added +412 +412
86 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 50,54050.5k $3.3m $3.3m 0.00% Reduced -7.0k -6,990
87 ABC ARBITRAGE SA 0.46% of their portfolio PARIS, I0 49,40449.4k $3.2m $3.2m 0.46% First filing
88 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 47,82247.8k $3.1m $3.1m 0.01% Added +481 +481
89 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 47,55347.6k $3.1m $3.1m 0.00% Added +16.5k +16,500
90 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 46,67246.7k $3.0m $3.0m 0.01% Added +5.0k +5,000
91 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 46,53646.5k $3.0m $3.0m 0.00% Reduced -2.5k -2,518
92 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 45,68945.7k $3.0m $3.0m 0.01% Reduced -2.6k -2,590
93 WOLVERINE ASSET MANAGEMENT LLC 0.05% of their portfolio CHICAGO, IL 44,63344.6k $2.9m $2.9m 0.05% Unchanged
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 44,27744.3k $2.9m $2.9m 0.00% Reduced -152.3k -152,263
95 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 43,40643.4k $2.8m $2.8m 0.01% Added +4.5k +4,496
96 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 43,06943.1k $2.8m $2.8m 0.03% Reduced -8.2k -8,237
97 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 41,13241.1k $2.7m $2.7m 0.00% Added +4.1k +4,069
98 ALGERT GLOBAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 38,51038.5k $2.5m $2.5m 0.06% Reduced -32.5k -32,508
99 Sagefield Capital LP 0.26% of their portfolio DALLAS, TX 36,38836.4k $2.4m $2.4m 0.26% Added +18.3k +18,277
100 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 35,24135.2k $2.3m $2.3m 0.00% Reduced -1.0k -1,037