Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

339 institutional holders -9 vs Q4 2024
42,604,73142.6m shares reported held*
$2.8bnreported value*
42 new 120 added 103 reduced 49 sold out net sold ≈ $2.7m (-41.7k 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $65.53. Options: 2 managers hold calls ($611.0k notional), 2 hold puts ($236.5k).

Trends to Q1 2025

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: 348Q1 25: 339339Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022285
Q4 2022304
Q1 2023289
Q2 2023311
Q3 2023307
Q4 2023321
Q1 2024311
Q2 2024333
Q3 2024330
Q4 2024348
Q1 2025339

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 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 24Q4 24: 155 bought or addedQ4 24: 134 cut or sold outQ1 25: 162 bought or addedQ1 25: 152 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023153126
Q3 2023147142
Q4 2023146154
Q1 2024129157
Q2 2024168143
Q3 2024133160
Q4 2024155134
Q1 2025162152

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 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 1.04Q1 25 calls: $611.0kQ1 25 puts: $236.5kQ1 25P/C 0.39
Numbers
QuarterCallsPutsP/C
Q2 2024$268.1k$442.4k1.65
Q3 2024$674.0k$698.8k1.04
Q4 2024$486.0k$505.4k1.04
Q1 2025$611.0k$236.5k0.39

Biggest buyers

TWO SIGMA ADVISERS, LP Added +983,500+983.5k
Melqart Asset Management (UK) Ltd Added +560,946+560.9k
TWO SIGMA INVESTMENTS, LP New +518,674+518.7k
UBS Group AG Added +365,024+365.0k
AQR Arbitrage LLC Added +336,210+336.2k
Alberta Investment Management Corp Added +250,302+250.3k
TORONTO DOMINION BANK New +249,312+249.3k
Qube Research & Technologies Ltd Added +151,885+151.9k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +142,475+142.5k
Absolute Gestao de Investimentos Ltda. Added +134,578+134.6k

Biggest sellers

FMR LLC Reduced -752,316-752.3k
Taconic Capital Advisors LP Reduced -548,710-548.7k
ADAGE CAPITAL PARTNERS GP, L.L.C. Reduced -520,007-520.0k
GLAZER CAPITAL, LLC Sold out -365,000-365.0k
FIL Ltd Sold out -283,312-283.3k
SEGALL BRYANT & HAMILL, LLC Sold out -282,220-282.2k
Fort Baker Capital Management LP Sold out -266,984-267.0k
STATE STREET CORP Reduced -225,625-225.6k
BlackRock, Inc. Reduced -209,537-209.5k
MILLENNIUM MANAGEMENT LLC Reduced -208,391-208.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $611.0k9.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $236.5k3.6k 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 7,711,0637.7m $506.6m $506.6m 0.01% Reduced -209.5k -209,537
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,349,1776.3m $417.1m $417.1m 0.01% Reduced -16.0k -16,013
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,253,4642.3m $148.1m $148.1m 0.01% Reduced -225.6k -225,625
4 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,414,4911.4m $93.0m $93.0m 0.01% Added +22.2k +22,246
5 AQR Arbitrage LLC 1.89% of their portfolio Greenwich, CT 1,183,6821.2m $77.8m $77.8m 1.89% Added +336.2k +336,210
6 TWO SIGMA ADVISERS, LP 0.15% of their portfolio NEW YORK, NY 995,000995.0k $65.4m $65.4m 0.15% Added +983.5k +983,500
7 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 961,870961.9k $63.2m $63.2m 0.02% Added +10.8k +10,813
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 2.42% of their portfolio NEW YORK, NY 835,666835.7k $54.9m $54.9m 2.42% Reduced -6.8k -6,800
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 778,633778.6k $51.2m $51.2m 0.01% Reduced -8.0k -7,955
10 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 745,512745.5k $49.0m $49.0m 0.01% Reduced -13.3k -13,316
11 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 717,504717.5k $47.1m $47.1m 0.04% Reduced -18.0k -18,016
12 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 697,650697.6k $45.8m $45.8m 0.04% Reduced -208.4k -208,391
13 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 645,360645.4k $42.4m $42.4m 0.07% Added +151.9k +151,885
14 UBS Group AG 0.01% of their portfolio ZURICH, V8 639,281639.3k $42.0m $42.0m 0.01% Added +365.0k +365,024
15 Melqart Asset Management (UK) Ltd 5.66% of their portfolio London, X0 637,825637.8k $41.9m $41.9m 5.66% Added +560.9k +560,946
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 537,893537.9k $35.3m $35.3m 0.00% Reduced -11.9k -11,902
17 AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio Greenwich, CT 524,047524.0k $34.4m $34.4m 0.04% Added +117.1k +117,133
18 TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio NEW YORK, NY 518,674518.7k $34.1m $34.1m 0.07% New
19 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 473,726473.7k $31.1m $31.1m 0.01% Added +105.6k +105,611
20 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 455,291455.3k $22.6m $22.6m 0.01% First filing
21 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 439,079439.1k $28.8m $28.8m 0.01% Reduced -39.5k -39,463
22 ALPINE ASSOCIATES MANAGEMENT INC. 1.43% of their portfolio PALM BEACH, FL 416,847416.8k $27.4m $27.4m 1.43% Added +33.0k +33,000
23 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 401,940401.9k $26.4m $26.4m 0.02% Added +3.3k +3,267
24 Absolute Gestao de Investimentos Ltda. 11.21% of their portfolio SAO PAULO, D5 388,753388.8k $25.5m $25.5m 11.21% Added +134.6k +134,578
25 OLD REPUBLIC INTERNATIONAL CORP 0.98% of their portfolio CHICAGO, IL 383,100383.1k $25.2m $25.2m 0.98% Unchanged
26 Squarepoint Ops LLC 0.06% of their portfolio NEW YORK, NY 377,908377.9k $24.8m $24.8m 0.06% Reduced -20.7k -20,731
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 375,698375.7k $24.7m $24.7m 0.00% Added +44.2k +44,226
28 California Public Employees Retirement System 0.02% of their portfolio Sacramento, CA 332,096332.1k $21.8m $21.8m 0.02% Unchanged
29 GABELLI FUNDS LLC 0.16% of their portfolio Rye, NY 324,519324.5k $21.3m $21.3m 0.16% Reduced -22.2k -22,170
30 Taconic Capital Advisors LP 1.73% of their portfolio NEW YORK, NY 297,061297.1k $19.5m $19.5m 1.73% Reduced -548.7k -548,710
31 Alberta Investment Management Corp 0.13% of their portfolio EDMONTON, A0 282,202282.2k $18.5m $18.5m 0.13% Added +250.3k +250,302
32 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.06% of their portfolio BLOOMFIELD HILLS, MI 279,069279.1k $18.3m $18.3m 1.06% Reduced -24.4k -24,394
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 275,866275.9k $18.1m $18.1m 0.00% Reduced -4.3k -4,272
34 STATE OF WISCONSIN INVESTMENT BOARD 0.05% of their portfolio MADISON, WI 275,747275.7k $18.1m $18.1m 0.05% Added +50.5k +50,542
35 Legal & General Group Plc 0.00% of their portfolio London, X0 269,072269.1k $17.7m $17.7m 0.00% Added +303 +303
36 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 255,767255.8k $16.8m $16.8m 0.01% Added +624 +624
37 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 249,312249.3k $16.4m $16.4m 0.04% New
38 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 244,281244.3k $16.0m $16.0m 0.03% Reduced -520.0k -520,007
39 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 238,878238.9k $15.7m $15.7m 0.01% Added +49.1k +49,146
40 GABELLI & Co INVESTMENT ADVISERS, INC. 2.36% of their portfolio Rye, NY 237,750237.8k $15.6m $15.6m 2.36% Added +32.2k +32,250
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 236,593236.6k $15.5m $15.5m 0.00% Reduced -115.5k -115,531
42 Kapitalo Investimentos Ltda 3.10% of their portfolio SAO PAULO, D5 232,417232.4k $15.3m $15.3m 3.10% Added +97.5k +97,528
43 Verition Fund Management LLC 0.08% of their portfolio GREENWICH, CT 220,603220.6k $14.5m $14.5m 0.08% Added +12.8k +12,791
44 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.08% of their portfolio HARRISBURG, PA 203,944203.9k $13.4m $13.4m 0.08% Added +34.2k +34,237
45 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 196,947196.9k $12.9m $12.9m 0.01% Reduced -12.6k -12,585
46 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 188,500188.5k $12.4m $12.4m 0.01% Added +3.6k +3,585
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 182,706182.7k $12.0m $12.0m 0.00% Reduced -27.8k -27,760
48 Aristotle Capital Boston, LLC 0.59% of their portfolio BOSTON, MA 178,404178.4k $11.7m $11.7m 0.59% Reduced -18.1k -18,091
49 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 151,431151.4k $9.9m $9.9m 0.02% Reduced -14.3k -14,299
50 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 147,438147.4k $9.7m $9.7m 0.01% Added +29.7k +29,735
51 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 142,475142.5k $9.4m $9.4m 0.01% New
52 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 133,324133.3k $8.8m $8.8m 0.00% Added +32.4k +32,374
53 ProShare Advisors LLC 0.02% of their portfolio BETHESDA, MD 127,831127.8k $8.4m $8.4m 0.02% Reduced -14.5k -14,501
54 PRELUDE CAPITAL MANAGEMENT, LLC 0.81% of their portfolio NEW YORK, NY 122,845122.8k $8.1m $8.1m 0.81% Added +44.7k +44,742
55 New York Life Investment Management LLC 0.08% of their portfolio New York, NY 119,382119.4k $7.8m $7.8m 0.08% Added +22.9k +22,940
56 Swiss National Bank 0.01% of their portfolio ZURICH, V8 112,100112.1k $7.4m $7.4m 0.01% Reduced -1.5k -1,500
57 Energy Income Partners, LLC 0.14% of their portfolio Westport, CT 111,359111.4k $7.3m $7.3m 0.14% Added +5.5k +5,485
58 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.25% of their portfolio Tokyo, M0 105,600105.6k $6.9m $6.9m 0.25% Added +22.6k +22,600
59 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 103,031103.0k $6.8m $6.8m 0.01% Added +97.8k +97,762
60 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 93,19893.2k $6.1m $6.1m 0.00% Reduced -50.2k -50,223
61 Corebridge Financial, Inc. 0.03% of their portfolio HOUSTON, TX 92,01892.0k $6.0m $6.0m 0.03% Reduced -1.9k -1,880
62 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 88,03288.0k $5.8m $5.8m 0.00% Reduced -4.1k -4,098
63 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 84,90184.9k $5.6m $5.6m 0.01% Added +54.9k +54,905
64 ABC ARBITRAGE SA 1.02% of their portfolio PARIS, I0 83,25383.3k $5.5m $5.5m 1.02% Added +33.8k +33,849
65 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 70,47370.5k $4.6m $4.6m 0.02% Added +170 +170
66 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 70,44170.4k $4.6m $4.6m 0.00% Reduced -3.0k -3,004
67 KENNEDY CAPITAL MANAGEMENT LLC 0.11% of their portfolio ST LOUIS, MO 69,73169.7k $4.6m $4.6m 0.11% Reduced -67.1k -67,091
68 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 64,89764.9k $4.3m $4.3m 0.02% Reduced -1.7k -1,695
69 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 63,32363.3k $4.2m $4.2m 0.02% Reduced -83.5k -83,453
70 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio WEST SACRAMENTO, CA 61,93761.9k $4.1m $4.1m 0.01% Added +2.9k +2,894
71 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 60,79960.8k $4.0m $4.0m 0.01% Added +39.9k +39,900
72 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 60,05860.1k $3.9m $3.9m 0.00% Added +9.5k +9,518
73 Sagefield Capital LP 0.47% of their portfolio DALLAS, TX 59,45059.5k $3.9m $3.9m 0.47% Added +23.1k +23,062
74 Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio STOCKHOLM, V7 56,67256.7k $3.7m $3.7m 0.02% Added +10.0k +10,000
75 Versor Investments LP 0.61% of their portfolio New York, NY 56,54856.5k $3.7m $3.7m 0.61% New
76 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 56,50756.5k $3.7m $3.7m 0.00% Added +2.2k +2,155
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 55,77855.8k $3.7m $3.7m 0.00% Reduced -1.4k -1,373
78 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 55,45955.5k $3.6m $3.6m 0.00% Reduced -10.2k -10,191
79 Strategic Planning, Inc. 2.04% of their portfolio Columbus, OH 55,14855.1k $3.6m $3.6m 2.04% First filing
80 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 53,79953.8k $3.5m $3.5m 0.00% Reduced -3.2k -3,174
81 Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio FRANKFURT AM MAIN, 2M 53,34053.3k $3.5m $3.5m 0.01% New
82 NISA INVESTMENT ADVISORS, LLC 0.02% of their portfolio ST. LOUIS, MO 52,39752.4k $3.4m $3.4m 0.02% Added +6.7k +6,708
83 WOLVERINE ASSET MANAGEMENT LLC 0.07% of their portfolio CHICAGO, IL 52,33452.3k $3.4m $3.4m 0.07% Added +7.7k +7,701
84 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 51,50751.5k $3.4m $3.4m 0.01% Reduced -2.1k -2,080
85 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 50,65250.7k $3.3m $3.3m 0.04% Reduced -5.1k -5,104
86 Eisler Capital Management Ltd. 0.10% of their portfolio LONDON, X0 50,02350.0k $3.3m $3.3m 0.10% New
87 DLD Asset Management, LP 0.47% of their portfolio NEW YORK, NY 48,94848.9k $3.2m $3.2m 0.47% Reduced -6.7k -6,679
88 GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio GREENWICH, CT 48,72548.7k $3.2m $3.2m 0.04% Reduced -6.0k -6,028
89 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 47,79547.8k $3.1m $3.1m 0.01% Added +4.4k +4,389
90 Keeley-Teton Advisors, LLC 0.37% of their portfolio Chicago, IL 47,02047.0k $3.1m $3.1m 0.37% Reduced -16.2k -16,211
91 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 44,07344.1k $2.9m $2.9m 0.00% Reduced -3.5k -3,480
92 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 43,33843.3k $2.8m $2.8m 0.01% Reduced -4.5k -4,484
93 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 42,50042.5k $2.8m $2.8m 0.03% Reduced -569 -569
94 HARBOR CAPITAL ADVISORS, INC. 0.13% of their portfolio CHICAGO, IL 42,46042.5k $2.8m $2.8m 0.13% Added +42.3k +42,263
95 Inspire Advisors, LLC 0.31% of their portfolio Meridian, ID 41,04641.0k $2.7m $2.7m 0.31% Added +6.8k +6,779
96 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 40,25640.3k $2.6m $2.6m 0.00% Reduced -876 -876
97 INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio WEST PALM BEACH, FL 40,20440.2k $2.6m $2.6m 0.03% Added +11.0k +11,019
98 Aequim Alternative Investments LP 0.10% of their portfolio MILL VALLEY, CA 38,52538.5k $2.5m $2.5m 0.10% Added +12.0k +12,049
99 Olympiad Research LP 2.92% of their portfolio Stamford, CT 38,11038.1k $2.5m $2.5m 2.92% Added +7.0k +7,020
100 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 38,00938.0k $2.5m $2.5m 0.00% Reduced -8.5k -8,527