Vault-13

ALLETE INC ALE

COM NEW · Common Stock · CUSIP 018522300

345 institutional holders +6 vs Q1 2025
44,009,93044.0m shares reported held*
$2.8bnreported value*
44 new 123 added 110 reduced 41 sold out net bought ≈ $93.3m (+1.5m 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 ($5.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.07. Options: 3 managers hold calls ($563.4k notional), 2 hold puts ($6.4k).

Trends to Q2 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: 339Q2 25: 345345Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025345

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 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 24Q1 25: 162 bought or addedQ1 25: 152 cut or sold outQ2 25: 167 bought or addedQ2 25: 151 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023147142
Q4 2023146154
Q1 2024129157
Q2 2024168143
Q3 2024133160
Q4 2024155134
Q1 2025162152
Q2 2025167151

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 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 0.39Q2 25 calls: $563.4kQ2 25 puts: $6.4kQ2 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2024$674.0k$698.8k1.04
Q4 2024$486.0k$505.4k1.04
Q1 2025$611.0k$236.5k0.39
Q2 2025$563.4k$6.4k0.01

Biggest buyers

ROYAL BANK OF CANADA Added +742,641+742.6k
CAXTON ASSOCIATES LLP New +673,116+673.1k
AQR Arbitrage LLC Added +344,241+344.2k
FIL Ltd New +284,022+284.0k
Qube Research & Technologies Ltd Added +278,716+278.7k
RENAISSANCE TECHNOLOGIES LLC Added +236,400+236.4k
Melqart Asset Management (UK) Ltd Added +197,287+197.3k
CREDIT INDUSTRIEL ET COMMERCIAL New +158,925+158.9k
Invesco Ltd. Added +143,941+143.9k
Advisors Preferred, LLC New +128,258+128.3k

Biggest sellers

TWO SIGMA INVESTMENTS, LP Reduced -334,119-334.1k
Taconic Capital Advisors LP Reduced -297,061-297.1k
DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC Sold out -279,069-279.1k
ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -244,281-244.3k
TWO SIGMA ADVISERS, LP Reduced -196,540-196.5k
MILLENNIUM MANAGEMENT LLC Reduced -176,182-176.2k
GOLDMAN SACHS GROUP INC Reduced -153,143-153.1k
UBS Group AG Reduced -127,147-127.1k
New York Life Investment Management LLC Sold out -119,382-119.4k
Absolute Gestao de Investimentos Ltda. Reduced -114,958-115.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $557.4k8.7k shares
SIMPLEX TRADING, LLC New $6.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CSS LLC/IL New $6.4k100 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.01% of their portfolio New York, NY 7,783,0987.8m $498.7m $498.7m 0.01% Added +72.0k +72,035
2 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 6,318,6426.3m $404.8m $404.8m 0.01% Reduced -30.5k -30,535
3 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,218,8062.2m $142.2m $142.2m 0.01% Reduced -34.7k -34,658
4 AQR Arbitrage LLC 2.29% of their portfolio Greenwich, CT 1,527,9231.5m $97.7m $97.7m 2.29% Added +344.2k +344,241
5 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,427,5141.4m $91.5m $91.5m 0.01% Added +13.0k +13,023
6 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 961,910961.9k $61.6m $61.6m 0.01% Added +40 +40
7 Qube Research & Technologies Ltd 0.08% of their portfolio LONDON, X0 924,076924.1k $59.2m $59.2m 0.08% Added +278.7k +278,716
8 HIGHBRIDGE CAPITAL MANAGEMENT LLC 2.97% of their portfolio NEW YORK, NY 898,146898.1k $57.5m $57.5m 2.97% Added +62.5k +62,480
9 Melqart Asset Management (UK) Ltd 7.65% of their portfolio London, X0 835,112835.1k $53.5m $53.5m 7.65% Added +197.3k +197,287
10 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 813,082813.1k $52.1m $52.1m 0.01% Added +742.6k +742,641
11 TWO SIGMA ADVISERS, LP 0.10% of their portfolio NEW YORK, NY 798,460798.5k $51.2m $51.2m 0.10% Reduced -196.5k -196,540
12 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 758,874758.9k $48.6m $48.6m 0.01% Reduced -19.8k -19,759
13 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 708,313708.3k $45.4m $45.4m 0.01% Reduced -37.2k -37,199
14 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 686,400686.4k $44.0m $44.0m 0.04% Reduced -31.1k -31,104
15 CAXTON ASSOCIATES LLP 1.11% of their portfolio LONDON, X0 673,116673.1k $43.1m $43.1m 1.11% New
16 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 589,846589.8k $37.8m $37.8m 0.01% Added +116.1k +116,120
17 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 521,468521.5k $33.4m $33.4m 0.03% Reduced -176.2k -176,182
18 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 519,639519.6k $33.3m $33.3m 0.01% Added +143.9k +143,941
19 UBS Group AG 0.01% of their portfolio ZURICH, V8 512,134512.1k $32.8m $32.8m 0.01% Reduced -127.1k -127,147
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 506,335506.3k $32.4m $32.4m 0.00% Reduced -31.6k -31,558
21 AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio Greenwich, CT 483,002483.0k $30.9m $30.9m 0.03% Reduced -41.0k -41,045
22 Nuveen, LLC 0.01% of their portfolio CHARLOTTE, NC 469,330469.3k $30.1m $30.1m 0.01% Added +14.0k +14,039
23 ALPINE ASSOCIATES MANAGEMENT INC. 1.52% of their portfolio PALM BEACH, FL 443,047443.0k $28.4m $28.4m 1.52% Added +26.2k +26,200
24 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 440,197440.2k $28.2m $28.2m 0.01% Added +1.1k +1,118
25 OLD REPUBLIC INTERNATIONAL CORP 0.96% of their portfolio CHICAGO, IL 383,100383.1k $24.5m $24.5m 0.96% Unchanged
26 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 380,767380.8k $24.4m $24.4m 0.02% Reduced -21.2k -21,173
27 California Public Employees Retirement System 0.01% of their portfolio Sacramento, CA 348,496348.5k $22.3m $22.3m 0.01% Added +16.4k +16,400
28 GABELLI FUNDS LLC 0.15% of their portfolio Rye, NY 321,769321.8k $20.6m $20.6m 0.15% Reduced -2.8k -2,750
29 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 297,199297.2k $19.0m $19.0m 0.03% Added +236.4k +236,400
30 Squarepoint Ops LLC 0.04% of their portfolio NEW YORK, NY 294,887294.9k $18.9m $18.9m 0.04% Reduced -83.0k -83,021
31 FIL Ltd 0.02% of their portfolio HAMILTON, D0 284,022284.0k $18.2m $18.2m 0.02% New
32 Alberta Investment Management Corp 0.14% of their portfolio EDMONTON, A0 282,202282.2k $18.1m $18.1m 0.14% Unchanged
33 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 281,398281.4k $18.0m $18.0m 0.01% Added +25.6k +25,631
34 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 281,084281.1k $18.0m $18.0m 0.04% Added +5.3k +5,337
35 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 279,107279.1k $17.9m $17.9m 0.10% Added +58.5k +58,504
36 Legal & General Group Plc 0.00% of their portfolio London, X0 275,592275.6k $17.7m $17.7m 0.00% Added +6.5k +6,520
37 Absolute Gestao de Investimentos Ltda. 5.70% of their portfolio SAO PAULO, D5 273,795273.8k $17.5m $17.5m 5.70% Reduced -115.0k -114,958
38 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 269,585269.6k $17.3m $17.3m 0.01% Added +30.7k +30,707
39 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 258,566258.6k $16.6m $16.6m 0.04% Added +9.3k +9,254
40 GABELLI & Co INVESTMENT ADVISERS, INC. 2.48% of their portfolio Rye, NY 251,700251.7k $16.1m $16.1m 2.48% Added +13.9k +13,950
41 Kapitalo Investimentos Ltda 3.02% of their portfolio SAO PAULO, D5 216,295216.3k $13.9m $13.9m 3.02% Reduced -16.1k -16,122
42 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.07% of their portfolio HARRISBURG, PA 205,325205.3k $13.2m $13.2m 0.07% Added +1.4k +1,381
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 202,337202.3k $13.0m $13.0m 0.00% Reduced -34.3k -34,256
44 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 200,317200.3k $12.8m $12.8m 0.01% Added +3.4k +3,370
45 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 186,609186.6k $12.0m $12.0m 0.01% Added +44.1k +44,134
46 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 184,555184.6k $11.8m $11.8m 0.02% Reduced -334.1k -334,119
47 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 177,505177.5k $11.4m $11.4m 0.00% Added +44.2k +44,181
48 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 168,665168.7k $10.8m $10.8m 0.01% Reduced -19.8k -19,835
49 Aristotle Capital Boston, LLC 0.54% of their portfolio BOSTON, MA 165,444165.4k $10.6m $10.6m 0.54% Reduced -13.0k -12,960
50 CREDIT INDUSTRIEL ET COMMERCIAL 1.62% of their portfolio PARIS FRANCE, I0 158,925158.9k $10.2m $10.2m 1.62% New
51 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 154,979155.0k $9.9m $9.9m 0.02% Added +3.5k +3,548
52 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 144,200144.2k $9.2m $9.2m 0.00% Reduced -38.5k -38,506
53 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 130,712130.7k $8.4m $8.4m 0.01% Added +111.6k +111,587
54 Advisors Preferred, LLC 1.37% of their portfolio ROCKVILLE, MD 128,258128.3k $8.3m $8.3m 1.37% New
55 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 122,723122.7k $7.9m $7.9m 0.00% Reduced -153.1k -153,143
56 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 121,987122.0k $7.8m $7.8m 0.00% Added +28.8k +28,789
57 Schonfeld Strategic Advisors LLC 0.06% of their portfolio NEW YORK, NY 121,294121.3k $7.8m $7.8m 0.06% Added +116.8k +116,829
58 Lighthouse Investment Partners, LLC 0.34% of their portfolio Palm Beach Gardens, FL 120,707120.7k $7.7m $7.7m 0.34% New
59 TOKIO MARINE ASSET MANAGEMENT CO LTD 0.29% of their portfolio Tokyo, M0 119,200119.2k $7.6m $7.6m 0.29% Added +13.6k +13,600
60 Groupe la Francaise 0.12% of their portfolio PARIS, I0 114,116114.1k $7.3m $7.3m 0.12% New
61 Swiss National Bank 0.00% of their portfolio ZURICH, V8 110,700110.7k $7.1m $7.1m 0.00% Reduced -1.4k -1,400
62 ProShare Advisors LLC 0.01% of their portfolio BETHESDA, MD 107,477107.5k $6.9m $6.9m 0.01% Reduced -20.4k -20,354
63 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio JUPITER, FL 104,945104.9k $6.7m $6.7m 0.02% Added +41.6k +41,622
64 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,68489.7k $5.7m $5.7m 0.00% Added +1.7k +1,652
65 Versor Investments LP 1.01% of their portfolio New York, NY 89,09089.1k $5.7m $5.7m 1.01% Added +32.5k +32,542
66 Energy Income Partners, LLC 0.10% of their portfolio Westport, CT 77,45277.5k $5.0m $5.0m 0.10% Reduced -33.9k -33,907
67 ABC ARBITRAGE SA 0.53% of their portfolio PARIS, I0 72,86672.9k $4.7m $4.7m 0.53% Reduced -10.4k -10,387
68 FMR LLC 0.00% of their portfolio BOSTON, MA 72,51472.5k $4.6m $4.6m 0.00% Added +50.3k +50,314
69 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 72,08772.1k $4.6m $4.6m 0.01% Reduced -12.8k -12,814
70 Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio STOCKHOLM, V7 71,67271.7k $4.6m $4.6m 0.02% Added +15.0k +15,000
71 Retirement Systems of Alabama 0.02% of their portfolio MONTGOMERY, AL 70,76870.8k $4.5m $4.5m 0.02% Added +295 +295
72 KENNEDY CAPITAL MANAGEMENT LLC 0.10% of their portfolio ST LOUIS, MO 68,52968.5k $4.4m $4.4m 0.10% Reduced -1.2k -1,202
73 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 63,69863.7k $4.1m $4.1m 0.00% Added +9.9k +9,899
74 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 63,59663.6k $4.1m $4.1m 0.01% Reduced -39.4k -39,435
75 Man Group plc 0.01% of their portfolio LONDON, X0 60,19360.2k $3.9m $3.9m 0.01% New
76 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 59,71659.7k $3.8m $3.8m 0.00% Added +3.2k +3,209
77 GAMCO INVESTORS, INC. ET AL 0.04% of their portfolio GREENWICH, CT 59,43759.4k $3.8m $3.8m 0.04% Added +10.7k +10,712
78 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 56,99157.0k $3.7m $3.7m 0.00% Reduced -4.9k -4,946
79 WOLVERINE ASSET MANAGEMENT LLC 0.06% of their portfolio CHICAGO, IL 56,08856.1k $3.6m $3.6m 0.06% Added +3.8k +3,754
80 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 55,18155.2k $3.5m $3.5m 0.00% Reduced -92.3k -92,257
81 Polar Asset Management Partners Inc. 0.09% of their portfolio TORONTO, A6 55,00055.0k $3.5m $3.5m 0.09% New
82 Eisler Capital Management Ltd. 0.12% of their portfolio LONDON, X0 54,15354.2k $3.5m $3.5m 0.12% Added +4.1k +4,130
83 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 54,06154.1k $3.5m $3.5m 0.00% Reduced -1.7k -1,717
84 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 53,93153.9k $3.5m $3.5m 0.03% Added +3.3k +3,279
85 Strategic Planning, Inc. 2.06% of their portfolio Columbus, OH 53,71453.7k $3.4m $3.4m 2.06% Reduced -1.4k -1,434
86 NISA INVESTMENT ADVISORS, LLC 0.01% of their portfolio ST. LOUIS, MO 50,60650.6k $3.2m $3.2m 0.01% Reduced -1.8k -1,791
87 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 50,09850.1k $3.2m $3.2m 0.00% Reduced -1.4k -1,409
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 47,80047.8k $3.1m $3.1m 0.00% Added +14.3k +14,317
89 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 45,27445.3k $2.9m $2.9m 0.00% Added +36.7k +36,682
90 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 45,26245.3k $2.9m $2.9m 0.01% Reduced -2.5k -2,533
91 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 44,67544.7k $2.9m $2.9m 0.00% Added +4.4k +4,419
92 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 44,01644.0k $2.8m $2.8m 0.00% Reduced -11.4k -11,443
93 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 43,56443.6k $2.8m $2.8m 0.01% Added +226 +226
94 Point72 Asia (Singapore) Pte. Ltd. 0.47% of their portfolio SINGAPORE, U0 41,53141.5k $2.7m $2.7m 0.47% Added +19.2k +19,157
95 Magellan Asset Management Ltd 0.03% of their portfolio Sydney, C3 41,44841.4k $2.7m $2.7m 0.03% Reduced -1.1k -1,052
96 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 40,56740.6k $2.6m $2.6m 0.00% New
97 Yakira Capital Management, Inc. 0.93% of their portfolio Westport, CT 39,32039.3k $2.5m $2.5m 0.93% Added +12.4k +12,444
98 PRELUDE CAPITAL MANAGEMENT, LLC 0.25% of their portfolio NEW YORK, NY 39,27239.3k $2.5m $2.5m 0.25% Reduced -83.6k -83,573
99 NEXPOINT ASSET MANAGEMENT, L.P. 0.24% of their portfolio Dallas, TX 38,98739.0k $2.5m $2.5m 0.24% New
100 HARBOR CAPITAL ADVISORS, INC. 0.10% of their portfolio CHICAGO, IL 38,55338.6k $2.5m $2.5m 0.10% Reduced -3.9k -3,907