Adalta Capital Management’s MDU Resources MDU Stock Holding History

Adalta Capital Management’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
2025 Q4	–	Sell	-6,355	Closed	-$114K	–	100
2025 Q3	$114K	Sell	6,355 -175	-3%	-$2.92K	0.05%	98
2025 Q2	$110K	Hold	6,530	–	–	0.06%	91
2025 Q1	$111K	Hold	6,530	–	–	0.06%	95
2024 Q4	$119K	Sell	6,530 -5,257	-45%	-$92.2K	0.06%	88
2024 Q3	$180K	Hold	11,787	–	–	0.09%	76
2024 Q2	$165K	Buy	11,787 +749	+7%	+$10.3K	0.09%	79
2024 Q1	$155K	Hold	11,038	–	–	0.09%	77
2023 Q4	$122K	Sell	11,038 -18,113	-62%	-$191K	0.07%	83
2023 Q3	$318K	Buy	29,151 +11,101	+62%	+$128K	0.22%	57
2023 Q2	$212K	Buy	18,050 +2,271	+14%	+$25.5K	0.14%	60
2023 Q1	$184K	Buy	15,779 +1,315	+9%	+$15.3K	0.13%	67
2022 Q4	$168K	Buy	+14,464	New	+$163K	0.12%	70

Other funds holding MDU

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

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

Barrow, Hanley, Mewhinney & Strauss

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Dimensional Fund Advisors

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

EARNEST Partners

EARNEST Partners Atlanta, Georgia $24.3B AUM 34.41% 1-Year Est. Return

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

Bank of America

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

SEI Investments

SEI Investments Oaks, Pennsylvania $108B AUM 26.14% 1-Year Est. Return

River Road Asset Management Louisville, Kentucky $8.82B AUM 7.52% 1-Year Est. Return

First Trust Advisors

First Trust Advisors Wheaton, Illinois $140B AUM 27.84% 1-Year Est. Return