Absolute Return Capital’s MDU Resources MDU Stock Holding History

Absolute Return Capital’s Portfolio MDU Stock Details MDU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-20,234	Closed	-$132K	–	213
2015 Q3	$132K	Buy	20,234 +8,263	+69%	+$56.2K	0.01%	461
2015 Q2	$89K	Buy	+11,971	New	+$96.2K	﹤0.01%	539
2014 Q4	–	Sell	-228,111	Closed	-$2.41M	–	683
2014 Q3	$2.41M	Buy	228,111 +45,460	+25%	+$541K	0.03%	418
2014 Q2	$2.44M	Buy	+182,651	New	+$2.39M	0.03%	542
2013 Q4	–	Sell	-489,172	Closed	-$5.2M	–	723
2013 Q3	$5.2M	Buy	+489,172	New	+$5.16M	0.07%	325

Other funds holding MDU

ACM

Americafirst Capital Management Roseville, California $74M AUM 13.49% 1-Year Est. Return

Parnassus Investments San Francisco, California $34.1B AUM 20.22% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

SIM

Sprucegrove Investment Management Toronto, Ontario, Canada $625M AUM 21.08% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

STRS Ohio Columbus, Ohio $25.2B AUM 30.31% 1-Year Est. Return

Absolute Return Capital's MDU Position: Q4 2015 in Review

Absolute Return Capital sold out of MDU Resources (MDU) in Q4 2015, closing a stake of 20,234 shares — an estimated $132K sold.

Absolute Return Capital first reported a position in MDU in Q3 2013 and held it in 5 quarters. The position peaked at $5.2M in Q3 2013. 283 funds tracked by Wall St. Rank hold MDU as of Q4 2015.

Absolute Return Capital reported no remaining MDU Resources position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 20,234 MDU Resources shares in Q4 2015, an estimated $132K.
Absolute Return Capital first reported a position in MDU Resources in Q3 2013 and held it in 5 quarters.
Absolute Return Capital's MDU Resources position peaked at $5.2M in Q3 2013.
283 funds tracked by Wall St. Rank held MDU Resources as of Q4 2015.

Based on Absolute Return Capital's 13F filing for Q4 2015.