Institutional investors purchased a net $512.0 thousand shares of ALE during the quarter ended December 2016 and now own 71.73% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Electric Utilities industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
ALLIANZ GLOBAL INVESTORS U.S. LL... Bought 612.5 Thousand shares of ALLETE Inc
BLACKROCK FUND ADVISORS Bought 529.0 Thousand shares of ALLETE Inc
RUSSELL INVESTMENT MANAGEMENT LL... Bought 378.3 Thousand shares of ALLETE Inc