Riverbridge Partners’s MDU Resources MDU Stock Holding History

Riverbridge Partners’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	-202,367	Closed	-$1.32M	–	142
2015 Q3	$1.32M	Sell	202,367 -258,134	-56%	-$1.76M	0.03%	106
2015 Q2	$3.42M	Sell	460,501 -4,502,026	-91%	-$36.2M	0.06%	87
2015 Q1	$40.3M	Sell	4,962,527 -545,302	-10%	-$4.63M	0.72%	50
2014 Q4	$49.2M	Sell	5,507,829 -364,512	-6%	-$3.52M	0.91%	41
2014 Q3	$62.1M	Sell	5,872,341 -383,451	-6%	-$4.56M	1.21%	36
2014 Q2	$83.5M	Buy	6,255,792 +425,873	+7%	+$5.56M	1.46%	27
2014 Q1	$76.1M	Buy	5,829,919 +391,546	+7%	+$4.86M	1.38%	29
2013 Q4	$63.2M	Buy	5,438,373 +1,369,302	+34%	+$15.4M	1.15%	34
2013 Q3	$43.3M	Buy	4,069,071 +214,635	+6%	+$2.26M	0.94%	44
2013 Q2	$38M	Buy	+3,854,436	New	+$37.1M	0.95%	42

Other funds holding MDU

ACM

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

Parnassus Investments San Francisco, California $37.4B AUM 35.42% 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 $26.7B AUM 43.32% 1-Year Est. Return

Riverbridge Partners's MDU Position: Q4 2015 in Review

Riverbridge Partners sold out of MDU Resources (MDU) in Q4 2015, closing a stake of 202,367 shares — an estimated $1.32M sold.

Riverbridge Partners first reported a position in MDU in Q2 2013 and held it in 10 quarters. The position peaked at $83.5M in Q2 2014. 283 funds tracked by Wall St. Rank hold MDU as of Q4 2015.

Riverbridge Partners reported no remaining MDU Resources position as of Q4 2015 after selling out during the quarter.
Riverbridge Partners sold 202,367 MDU Resources shares in Q4 2015, an estimated $1.32M.
Riverbridge Partners first reported a position in MDU Resources in Q2 2013 and held it in 10 quarters.
Riverbridge Partners's MDU Resources position peaked at $83.5M in Q2 2014.
283 funds tracked by Wall St. Rank held MDU Resources as of Q4 2015.

Based on Riverbridge Partners's 13F filing for Q4 2015, filed 28 Jan 2016.