Dark Forest Capital Management’s MDU Resources MDU Stock Holding History

Dark Forest 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
2026 Q2	$2.68M	Buy	+126,557	New	+$2.75M	0.17%	193
2025 Q3	–	Sell	-143,951	Closed	-$2.4M	–	1360
2025 Q2	$2.4M	Sell	143,951 -37,036	-20%	-$623K	0.1%	373
2025 Q1	$3.06M	Buy	+180,987	New	+$3.12M	0.14%	208
2023 Q4	–	Sell	-97,638	Closed	-$1.06M	–	853
2023 Q3	$1.06M	Buy	+97,638	New	+$1.12M	0.08%	386
2023 Q2	–	Sell	-43,141	Closed	-$500K	–	1247
2023 Q1	$500K	Buy	43,141 +41,100	+2,014%	+$478K	0.12%	173
2022 Q4	$23.5K	Buy	+2,041	New	+$22.9K	0.01%	539
2022 Q1	–	Sell	-968	Closed	-$11K	–	1573
2021 Q4	$11K	Buy	+968	New	+$10.9K	﹤0.01%	891
2021 Q3	–	Sell	-17,828	Closed	-$212K	–	1432
2021 Q2	$212K	Buy	+17,828	New	+$223K	0.09%	166

Other funds holding MDU

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

EARNEST Partners Atlanta, Georgia $27.7B AUM 52.44% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

SEI Investments Oaks, Pennsylvania $113B AUM 34.64% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Dark Forest Capital Management's MDU Position: Q2 2026 in Review

Dark Forest Capital Management opened a new position in MDU Resources (MDU) in Q2 2026: 126,557 shares worth $2.68M. The stake represents 0.17% of the portfolio and ranks #193 among its holdings. This is a return to the name: Dark Forest Capital Management previously reported a position in MDU as recently as Q2 2025.

Dark Forest Capital Management first reported a position in MDU in Q2 2021 and has held it in 8 quarters since. The position peaked at $3.06M in Q1 2025. 438 funds tracked by Wall St. Rank hold MDU as of Q2 2026.

Dark Forest Capital Management held 126,557 shares of MDU Resources worth $2.68M as of Q2 2026.
MDU Resources was a new Dark Forest Capital Management position in Q2 2026.
MDU Resources made up 0.17% of Dark Forest Capital Management's portfolio in Q2 2026, its #193 holding.
Dark Forest Capital Management first reported a position in MDU Resources in Q2 2021 and has held it in 8 quarters since.
Dark Forest Capital Management's MDU Resources position peaked at $3.06M in Q1 2025.
438 funds tracked by Wall St. Rank held MDU Resources as of Q2 2026.

Based on Dark Forest Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.