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MDU Resources

410 hedge funds and large institutions have $4.4B invested in MDU Resources in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 129 increasing their positions, 140 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,051% more call options, than puts

Call options by funds: $2.84M | Put options by funds: $247K

35% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 31

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2% more funds holding

Funds holding: 403410 (+7)

3% more capital invested

Capital invested by funds: $4.25B → $4.4B (+$148M)

8% less repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 140

1.52% less ownership

Funds ownership: 188.05%186.53% (-1.5%)

Holders
410
Holders Change
+7
Holders Change %
+1.74%
% of All Funds
6.53%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.11%
New
42
Increased
129
Reduced
140
Closed
31
Calls
$2.84M
Puts
$247K
Net Calls
+$2.6M
Net Calls Change
-$1.07M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
26
Sasco Capital
Connecticut
$26.5M +$10.5M +903,066 +65%
First Trust Advisors
27
First Trust Advisors
Illinois
$25M +$2.92M +250,930 +13%
Principal Financial Group
28
Principal Financial Group
Iowa
$24.5M +$223K +19,159 +0.9%
DRZID
29
DePrince Race & Zollo Inc (DRZ)
Florida
$24.1M -$15.3M -1,312,822 -39%
Pzena Investment Management
30
Pzena Investment Management
New York
$23.8M
Ameriprise
31
Ameriprise
Minnesota
$22.2M -$795K -68,414 -3%
Neuberger Berman Group
32
Neuberger Berman Group
New York
$21.9M +$5.58M +480,612 +34%
JP Morgan Chase
33
JP Morgan Chase
New York
$19.4M +$1.57M +135,144 +9%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$18.6M -$214K -18,419 -1%
MAP
35
Managed Asset Portfolios
Michigan
$17.6M -$6.41K -552 -0%
DIA
36
Davidson Investment Advisors
Montana
$16.9M +$362K +31,140 +2%
N
37
Nuveen
North Carolina
$16.8M -$190K -16,392 -1%
Bank of America
38
Bank of America
North Carolina
$16.2M +$1.54M +132,690 +11%
Citadel Advisors
39
Citadel Advisors
Florida
$15.9M -$2.68M -230,683 -14%
Allspring Global Investments
40
Allspring Global Investments
North Carolina
$15M +$14.9M +1,281,107 +10,447%
AQR Capital Management
41
AQR Capital Management
Connecticut
$15M +$3.26M +280,724 +28%
Loomis, Sayles & Company
42
Loomis, Sayles & Company
Massachusetts
$14.7M -$936K -80,551 -6%
Legal & General Group
43
Legal & General Group
United Kingdom
$14.5M +$119K +10,204 +0.8%
LSV Asset Management
44
LSV Asset Management
Illinois
$14.3M -$717K -61,697 -5%
AIA
45
Angeles Investment Advisors
California
$13.5M
Swiss National Bank
46
Swiss National Bank
Switzerland
$13.4M -$1.59M -137,017 -11%
Macquarie Group
47
Macquarie Group
Australia
$13.3M -$194K -16,700 -1%
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$12.6M -$2.02M -173,540 -14%
JGUA
49
John G. Ullman & Associates
New York
$12.5M -$87.4K -7,521 -0.7%
HA
50
Heartland Advisors
Wisconsin
$12.2M

MDU Hedge Fund Activity: Q1 2023 in Review

410 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q1 2023, worth a combined $4.4B — up 3.5% from $4.25B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new MDU positions and 31 closed out — a net gain of 11 holders — while 129 added to existing stakes and 140 trimmed.

The largest buyer was Adage Capital Partners, opening a new position worth an estimated $32.1M. The largest seller was Goldman Sachs, cutting an estimated $40.7M.

  • 410 institutional investors held MDU Resources (MDU) as of Q1 2023, up from 403 in Q4 2022.
  • Funds reported $4.4B of MDU Resources stock for Q1 2023, up 3.5% quarter-over-quarter.
  • 42 funds opened new MDU Resources positions in Q1 2023 and 31 closed out, a net change of +11 holders.
  • The largest MDU Resources buyer in Q1 2023 was Adage Capital Partners, an estimated $32.1M added.
  • The largest MDU Resources seller in Q1 2023 was Goldman Sachs, an estimated $40.7M sold.

Based on aggregated 13F filings for Q1 2023.