MDU Resources
406 hedge funds and large institutions have $2.7B invested in MDU Resources in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 139 increasing their positions, 125 reducing their positions, and 52 closing their positions.
1,929% more call options, than puts
Call options by funds: $771K | Put options by funds: $38K
15% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 52
11% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 125
1% more funds holding
Funds holding: 402 → 406 (+4)
4% less capital invested
Capital invested by funds: $2.81B → $2.7B (-$103M)
1.91% less ownership
Funds ownership: 81.19% → 79.28% (-1.9%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$26.3M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$25.5M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.4M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$13.6M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$56.2M |
| 2 |
CM
Corvex Management
New York
|
-$28.4M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$19M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$16.4M |
| 5 |
Morgan Stanley
New York
|
-$15.7M |
MDU Hedge Fund Activity: Q2 2025 in Review
406 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q2 2025, worth a combined $2.7B — down 3.7% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new MDU positions and 52 closed out — a net gain of 8 holders — while 139 added to existing stakes and 125 trimmed.
The largest buyer was Deroy & Devereaux Private Investment Counsel, opening a new position worth an estimated $26.3M. The largest seller was First Trust Advisors, cutting an estimated $56.2M.
- 406 institutional investors held MDU Resources (MDU) as of Q2 2025, up from 402 in Q1 2025.
- Funds reported $2.7B of MDU Resources stock for Q2 2025, down 3.7% quarter-over-quarter.
- 60 funds opened new MDU Resources positions in Q2 2025 and 52 closed out, a net change of +8 holders.
- The largest MDU Resources buyer in Q2 2025 was Deroy & Devereaux Private Investment Counsel, an estimated $26.3M added.
- The largest MDU Resources seller in Q2 2025 was First Trust Advisors, an estimated $56.2M sold.
Based on aggregated 13F filings for Q2 2025.