Capital Fund Management (CFM)’s MDU Resources MDU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.96M	Buy	142,797 +37,334	+35%	+$765K	0.03%	1171
2025 Q4	$2.06M	Sell	105,463 -171,768	-62%	-$3.38M	0.02%	1691
2025 Q3	$4.94M	Buy	277,231 +78,394	+39%	+$1.31M	0.05%	1265
2025 Q2	$3.31M	Buy	198,837 +60,441	+44%	+$1.02M	0.04%	1404
2025 Q1	$2.34M	Buy	138,396 +112,984	+445%	+$1.95M	0.03%	1358
2024 Q4	$458K	Buy	+25,412	New	+$446K	﹤0.01%	1922
2020 Q2	–	Sell	-49,928	Closed	-$408K	–	1441
2020 Q1	$408K	Buy	+49,928	New	+$526K	0.01%	1116
2019 Q4	–	Sell	-73,900	Closed	-$792K	–	2041
2019 Q3	$792K	Buy	+73,900	New	+$755K	0.02%	1082
2019 Q2	–	Sell	-44,445	Closed	-$437K	–	1896
2019 Q1	$437K	Buy	+44,445	New	+$432K	0.01%	1296
2018 Q2	–	Sell	-19,724	Closed	-$211K	–	2273
2018 Q1	$211K	Buy	+19,724	New	+$200K	﹤0.01%	1751
2014 Q4	–	Sell	-113,871	Closed	-$1.2M	–	1793
2014 Q3	$1.2M	Buy	113,871 +64,448	+130%	+$767K	0.03%	861
2014 Q2	$660K	Buy	+49,423	New	+$646K	0.02%	1105