Institutional investors purchased a net $1.5 million shares of ALE during the quarter ended December 2012 and now own 62.37% 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 | 32.92% |
| Other institutional | 29.45% |
| Individual stakeholders | 0.95% |