MDU Resources
315 hedge funds and large institutions have $2.99B invested in MDU Resources in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 115 increasing their positions, 106 reducing their positions, and 15 closing their positions.
127% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 15
124% more call options, than puts
Call options by funds: $56K | Put options by funds: $25K
8% more capital invested
Capital invested by funds: $2.77B → $2.99B (+$213M)
5% more funds holding
Funds holding: 299 → 315 (+16)
8% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 106
0.05% less ownership
Funds ownership: 149.08% → 149.03% (-0.05%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$12.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11.1M |
| 3 |
CCM
Clovis Capital Management
New York
|
+$11M |
| 4 |
State Street
Boston,
Massachusetts
|
+$9.92M |
| 5 |
QBFM
QS Batterymarch Financial Management
New York
|
+$9.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$61.7M |
| 2 |
Parnassus Investments
San Francisco,
California
|
-$12.3M |
| 3 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
-$12.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11M |
| 5 |
T
Tahithromos
New York
|
-$5.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
326
Howe & Rusling
Rochester,
New York
| – | -$43K | -4,392 | Closed |
|
|
QT
327
Quantbot Technologies
New York
| – | -$15K | -1,573 | Closed |
|
328
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -986 | Closed |
|
|
SF
329
Synovus Financial
Columbus,
Georgia
| – | -$6K | -592 | Closed |
|
|
MFS
330
MSI Financial Services
Springfield,
Massachusetts
| – | -$1K | -74 | Closed |
|
MDU Hedge Fund Activity: Q3 2013 in Review
315 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q3 2013, worth a combined $2.99B — up 7.7% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new MDU positions and 15 closed out — a net gain of 19 holders — while 115 added to existing stakes and 106 trimmed.
The largest buyer was Mairs & Power Inc, adding an estimated $12.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $61.7M.
- 315 institutional investors held MDU Resources (MDU) as of Q3 2013, up from 299 in Q2 2013.
- Funds reported $2.99B of MDU Resources stock for Q3 2013, up 7.7% quarter-over-quarter.
- 34 funds opened new MDU Resources positions in Q3 2013 and 15 closed out, a net change of +19 holders.
- The largest MDU Resources buyer in Q3 2013 was Mairs & Power Inc, an estimated $12.4M added.
- The largest MDU Resources seller in Q3 2013 was T. Rowe Price Associates, an estimated $61.7M sold.
Based on aggregated 13F filings for Q3 2013.