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MDU Resources

405 hedge funds and large institutions have $2.96B invested in MDU Resources in 2025 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 137 increasing their positions, 129 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

494% more call options, than puts

Call options by funds: $856K | Put options by funds: $144K

13% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 47

9% more capital invested

Capital invested by funds: $2.7B → $2.96B (+$254M)

1.96% more ownership

Funds ownership: 79.28%81.24% (+2%)

6% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 129

0% more funds holding

Funds holding: 405405 (0)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
405
Holders Change
Holders Change %
0%
% of All Funds
5.32%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
53
Increased
137
Reduced
129
Closed
47
Calls
$856K
Puts
$144K
Net Calls
+$712K
Net Calls Change
-$21K
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
26
Neuberger Berman Group
New York
$21.3M -$40.6K -2,430 -0.2%
Citadel Advisors
27
Citadel Advisors
Florida
$21M +$15M +895,853 +317%
Bank of America
28
Bank of America
North Carolina
$20.2M +$2.27M +136,062 +14%
Millennium Management
29
Millennium Management
New York
$20.1M +$933K +55,861 +5%
MAP
30
Managed Asset Portfolios
Michigan
$19.2M +$445K +26,631 +3%
SEI Investments
31
SEI Investments
Pennsylvania
$18.5M +$15.5M +929,169 +853%
Natixis Advisors
32
Natixis Advisors
Massachusetts
$18.5M +$16.4M +979,783 +1,713%
Adage Capital Partners
33
Adage Capital Partners
Massachusetts
$17.8M -$20M -1,200,000 -55%
Principal Financial Group
34
Principal Financial Group
Iowa
$17.5M -$459K -27,485 -3%
UBS Group
35
UBS Group
Switzerland
$17.4M -$1.35M -80,633 -8%
Legal & General Group
36
Legal & General Group
United Kingdom
$17.3M +$4.72M +282,913 +41%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$16.6M -$554K -33,176 -3%
AQR Capital Management
38
AQR Capital Management
Connecticut
$14.5M -$4.98M -298,182 -27%
N
39
Nuveen
North Carolina
$14.3M +$4.59M +274,974 +52%
Public Sector Pension Investment Board (PSP Investments)
40
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$14.2M +$1.68M +100,378 +14%
Fidelity Investments
41
Fidelity Investments
Massachusetts
$13.2M +$3.33M +199,196 +37%
JAM
42
Jupiter Asset Management
United Kingdom
$12.6M +$11.8M +707,397 New
Thrivent Financial for Lutherans
43
Thrivent Financial for Lutherans
Minnesota
$12.2M +$2.99M +179,357 +35%
Loomis, Sayles & Company
44
Loomis, Sayles & Company
Massachusetts
$12M -$537K -32,187 -5%
Victory Capital Management
45
Victory Capital Management
Texas
$11.5M +$2.62M +157,217 +32%
BGIM
46
Brandywine Global Investment Management
Pennsylvania
$11M -$381K -22,830 -4%
GAM
47
Gotham Asset Management
New York
$10.4M +$803K +48,108 +9%
UBS AM
48
UBS AM
Illinois
$9.98M -$1.66M -99,661 -15%
Ameriprise
49
Ameriprise
Minnesota
$9.79M -$977K -58,531 -10%
JP Morgan Chase
50
JP Morgan Chase
New York
$9.46M -$872K -52,218 -9%

MDU Hedge Fund Activity: Q3 2025 in Review

405 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q3 2025, worth a combined $2.96B — up 9.4% from $2.7B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new MDU positions and 47 closed out — a net gain of 6 holders — while 137 added to existing stakes and 129 trimmed.

The largest buyer was River Road Asset Management, adding an estimated $63M. The largest seller was Pertento Partners, exiting entirely with an estimated $52.6M sold.

  • 405 institutional investors held MDU Resources (MDU) as of Q3 2025, unchanged from Q2 2025.
  • Funds reported $2.96B of MDU Resources stock for Q3 2025, up 9.4% quarter-over-quarter.
  • 53 funds opened new MDU Resources positions in Q3 2025 and 47 closed out, a net change of +6 holders.
  • The largest MDU Resources buyer in Q3 2025 was River Road Asset Management, an estimated $63M added.
  • The largest MDU Resources seller in Q3 2025 was Pertento Partners, an estimated $52.6M sold.

Based on aggregated 13F filings for Q3 2025.