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.
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: 6 → 7 (+1)
2% more funds holding
Funds holding: 403 → 410 (+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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$32.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$25M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$14.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$12.8M |
| 5 |
CM
Crestline Management
Fort Worth,
Texas
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$40.7M |
| 2 |
OCAM
Owl Creek Asset Management
New York
|
-$32.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$30M |
| 4 |
State Street
Boston,
Massachusetts
|
-$19.7M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$15.3M |
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.