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Allete Inc (ALE)
NYSE:ALE
US Market
Holding ALE?
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Allete (ALE) Ownership - Who Owns Allete?

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Allete (ALE) Ownership Overview

0.45%22.08%0.09%29.27%48.10%
0.09% Other Institutional Investors
29.27% ETFs
48.10% Public Companies and Individual Investors
The ownership structure of Allete (ALE) stock is a mix of institutional, retail, and individual investors. Approximately 51.45% of the company’s stock is owned by Institutional Investors, 0.45% is owned by Insiders, and 48.10% is owned by Public Companies and Individual Investors.
The ownership structure of Allete (ALE) stock is a mix of institutional, retail, and individual investors. Approximately 22.18% of the company’s stock is owned by Institutional Investors, 0.45% is owned by Insiders, and 29.27% is owned by Public Companies and Individual Investors.

Recent Insider Trading Activity

Date
Name
Activity
Value

Recent Hedge Fund Trading Activity

Date
Firm
Activity
Value
Sep 30, 2024
xxxxxxxxxxxxx
$201620
Sep 30, 2024
xxxxxxxxxxxxx
$621872
Sep 30, 2024
xxxxxxxxxxxxx
$672518
Sep 30, 2024
xxxxxxxxxxxxx
$728749

Top Shareholders

Holder
# of Shares
Type
% Holding
Value
6,930,304Institution11.99%453,588,397
5,924,230Institution10.25%387,740,854
5,092,845Institution8.81%333,326,705
1,703,351Institution2.95%111,484,323
1,411,345Institution2.44%92,372,530
791,838Institution1.37%51,825,797
685,517Institution1.19%44,867,088
659,729Institution1.14%43,179,263
574,550Institution0.99%37,604,298
573,002Institution0.99%37,502,981

Top Mutual Fund Holders

Holder
# of Shares
Type
% Holding
Value
5,092,845Institution8.81%333,326,705
1,703,351Institution2.95%111,484,323
685,517Institution1.19%44,867,088
659,729Institution1.14%43,179,263
574,550Institution0.99%37,604,298
531,200Institution0.92%34,767,040
364,675Institution0.63%23,867,979
316,520Institution0.55%20,716,234
279,024Institution0.48%18,262,121
267,266Institution0.46%17,492,560

Top ETF Holders

Holder
# of Shares
Type
% Holding
Value
1,877,909Institution3.25%122,909,144
1,793,672Institution3.10%116,373,439
1,775,634Institution3.07%107,408,101
1,553,418Institution2.69%101,671,208
1,448,341Institution2.50%92,563,473
985,777Institution1.70%63,957,212
857,808Institution1.48%55,654,583
649,986Institution1.12%42,574,083
539,652Institution0.93%35,320,223
468,551Institution0.81%30,690,091

FAQ

Who Owns Allete Inc (ALE)?
According to the latest TipRanks data, approximately 0.09% of the company's stock is held by institutional investors, 0.45% is held by insiders, and 48.10% is held by retail investors.
    What percentage of Allete Inc (ALE) stock is held by institutional investors?
    According to the latest TipRanks data, approximately 0.09% of Allete Inc (ALE) stock is held by institutional investors.
      What percentage of Allete Inc (ALE) stock is held by retail investors?
      According to the latest TipRanks data, approximately 48.10% of Allete Inc (ALE) stock is held by retail investors.
        Who owns the most shares of Allete Inc (ALE)?
        iShares owns the most shares of Allete Inc (ALE).
          What is the significance of the ownership structure for a publicly traded company?
          The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.
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