Mairs and Power's ALE Position Overview
Mairs and Power (via Mairs & Power INC) currently holds 3.3K shares of ALLETE, Inc. (ALE) worth $218,323, representing 0.00% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Mairs and Power has maintained a long-term strategic position in ALE, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2016, adding 66.7K shares. Largest reduction occurred in Q3 2017, reducing 101.6K shares.
Analysis based on 13F filings available since 2013 Q2
Mairs and Power's ALLETE (ALE) Holding Value Over Time
Track share changes against reported price movement
Quarterly ALLETE (ALE) Trades by Mairs and Power
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +183,054 | Add 0.00% | 183,053 | $49.85 |
| Q3 2013 | +18,200 | Add 9.94% | 201,253 | $48.30 |
| Q4 2013 | +20,863 | Add 10.37% | 222,116 | $49.88 |
| Q1 2014 | +3,918 | Add 1.76% | 226,034 | $52.42 |
| Q2 2014 | +9,090 | Add 4.02% | 235,124 | $51.35 |
| Q3 2014 | +38,725 | Add 16.47% | 273,849 | $44.39 |
| Q4 2014 | -8,088 | Reduce 2.95% | 265,761 | $55.14 |
| Q1 2015 | +25,656 | Add 9.65% | 291,417 | $52.76 |
| Q2 2015 | +11,040 | Add 3.79% | 302,457 | $46.39 |
| Q3 2015 | -8,470 | Reduce 2.80% | 293,987 | $50.49 |
| Q4 2015 | -37,960 | Reduce 12.91% | 256,027 | $50.83 |
| Q1 2016 | -7,900 | Reduce 3.09% | 248,127 | $56.07 |
| Q2 2016 | +66,662 | Add 26.87% | 314,789 | $64.63 |
| Q3 2016 | +47,501 | Add 15.09% | 362,290 | $59.62 |
| Q4 2016 | +17,810 | Add 4.92% | 380,100 | $64.19 |
| Q1 2017 | +11,455 | Add 3.01% | 391,555 | $67.71 |
| Q2 2017 | +3,378 | Add 0.86% | 394,933 | $71.68 |
| Q3 2017 | -101,593 | Reduce 25.72% | 293,340 | $77.29 |
| Q4 2017 | -39,972 | Reduce 13.63% | 253,368 | $74.36 |
| Q1 2018 | -81,325 | Reduce 32.10% | 172,043 | $72.25 |
| Q2 2018 | -49,705 | Reduce 28.89% | 122,338 | $77.41 |
| Q3 2018 | -39,650 | Reduce 32.41% | 82,688 | $75.00 |
| Q4 2018 | -6,625 | Reduce 8.01% | 76,063 | $76.23 |
| Q1 2019 | -1,245 | Reduce 1.64% | 74,818 | $82.23 |
| Q2 2019 | -3,585 | Reduce 4.79% | 71,233 | $83.21 |
| Q3 2019 | -28,765 | Reduce 40.38% | 42,468 | $87.41 |
| Q4 2019 | -4,015 | Reduce 9.45% | 38,453 | $81.16 |
| Q1 2020 | -1,075 | Reduce 2.80% | 37,378 | $60.68 |
| Q2 2020 | -1,330 | Reduce 3.56% | 36,048 | $54.62 |
| Q3 2020 | -565 | Reduce 1.57% | 35,483 | $51.74 |
| Q4 2020 | -1,720 | Reduce 4.85% | 33,763 | $61.93 |
| Q1 2021 | -1,385 | Reduce 4.10% | 32,378 | $67.18 |
| Q2 2021 | -7,515 | Reduce 23.21% | 24,863 | $69.98 |
| Q3 2021 | -1,866 | Reduce 7.51% | 22,997 | $59.53 |
| Q4 2021 | -2,909 | Reduce 12.65% | 20,088 | $66.36 |
| Q1 2022 | -1,750 | Reduce 8.71% | 18,338 | $66.96 |
| Q2 2022 | -1,200 | Reduce 6.54% | 17,138 | $58.76 |
| Q3 2022 | +1,433 | Add 8.36% | 18,571 | $50.02 |
| Q4 2022 | -100 | Reduce 0.54% | 18,471 | $64.51 |
| Q1 2023 | -317 | Reduce 1.72% | 18,154 | $64.37 |
| Q2 2023 | -1,900 | Reduce 10.47% | 16,254 | $57.97 |
| Q3 2023 | -2,646 | Reduce 16.28% | 13,608 | $52.80 |
| Q4 2023 | -1,420 | Reduce 10.44% | 12,188 | $61.16 |
| Q1 2024 | -1,350 | Reduce 11.08% | 10,838 | $59.64 |
| Q2 2024 | -500 | Reduce 4.61% | 10,338 | $62.35 |
| Q3 2024 | -650 | Reduce 6.29% | 9,688 | $64.19 |
| Q4 2024 | -2,920 | Reduce 30.14% | 6,768 | $64.80 |
| Q1 2025 | -1,830 | Reduce 27.04% | 4,938 | $65.70 |
| Q2 2025 | -650 | Reduce 13.16% | 4,288 | $64.07 |
| Q3 2025 | -1,000 | Reduce 23.32% | 3,288 | $66.40 |
Mairs and Power's ALLETE Investment FAQs
Mairs and Power first purchased ALLETE, Inc. (ALE) in Q2 2013, acquiring 183,053 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power has held ALLETE, Inc. (ALE) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power's largest addition to ALLETE, Inc. (ALE) was in Q2 2013, adding 183,053 shares worth $9.12 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Mairs and Power's firm, Mairs & Power INC, owns 3,288 shares of ALLETE, Inc. (ALE), valued at approximately $218,323. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, ALLETE, Inc. (ALE) represents approximately 0.00% of Mairs and Power's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power's peak holding in ALLETE, Inc. (ALE) was 394,933 shares, as reported at the end of Q2 2017. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.