Kestrel Investment Management’s MDU Resources MDU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$5.16M	Sell	309,600 -14,700	-5%	-$245K	3.09%	14
2025 Q1	$5.48M	Hold	324,300	–	–	3.35%	10
2024 Q4	$5.84M	Buy	+324,300	New	+$5.84M	3.23%	12