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MDU Resources

310 hedge funds and large institutions have $3B invested in MDU Resources in 2016 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 120 increasing their positions, 86 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 21

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

90% more call options, than puts

Call options by funds: $1.99M | Put options by funds: $1.05M

40% more repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 86

28% more capital invested

Capital invested by funds: $2.34B → $3B (+$663M)

8% more funds holding

Funds holding: 287310 (+23)

3.43% more ownership

Funds ownership: 165.09%168.52% (+3.4%)

Holders
310
Holders Change
+23
Holders Change %
+8.01%
% of All Funds
8.27%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.11%
New
48
Increased
120
Reduced
86
Closed
21
Calls
$1.99M
Puts
$1.05M
Net Calls
+$942K
Net Calls Change
+$735K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$380M +$28.7M +3,523,767 +9%
State Street
2
State Street
Massachusetts
$357M -$9.27M -1,137,418 -3%
Parnassus Investments
3
Parnassus Investments
California
$313M +$7.14M +876,254 +3%
BFA
4
BlackRock Fund Advisors
California
$161M +$6.8M +835,062 +5%
BIT
5
BlackRock Institutional Trust
California
$140M +$862K +105,827 +0.7%
Franklin Resources
6
Franklin Resources
California
$86.5M -$374K -45,873 -0.5%
SIM
7
Sprucegrove Investment Management
Ontario, Canada
$71.4M -$4.33M -530,974 -6%
SO
8
STRS Ohio
Ohio
$63.4M
Prudential Financial
9
Prudential Financial
New Jersey
$60.5M +$516K +63,302 +1%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$58M +$49.4K +6,064 +0.1%
US Bancorp
11
US Bancorp
Minnesota
$50.3M -$133K -16,326 -0.3%
HA
12
Heartland Advisors
Wisconsin
$49.3M +$8.32M +1,021,368 +23%
First Trust Advisors
13
First Trust Advisors
Illinois
$48.8M -$15.1M -1,852,696 -26%
Norges Bank
14
Norges Bank
Norway
$41.9M +$1.93M +236,674 +5%
Goldman Sachs
15
Goldman Sachs
New York
$39.2M -$2.18M -268,012 -6%
Northern Trust
16
Northern Trust
Illinois
$36.8M +$378K +46,384 +1%
PI
17
PGGM Investments
Netherlands
$35.2M -$852K -104,528 -3%
FCM
18
Frontier Capital Management
Massachusetts
$34.8M +$2.14M +263,239 +7%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$32.8M +$3.57M +438,196 +14%
HIM
20
Hermes Investment Management
United Kingdom
$32.5M +$3.35M +411,600 +13%
ORIO
21
Old Republic International (ORI)
Illinois
$31.2M
Principal Financial Group
22
Principal Financial Group
Iowa
$30.9M +$13.8M +1,691,937 +100%
Invesco
23
Invesco
Georgia
$25.4M +$207K +25,460 +0.9%
TCIM
24
TIAA CREF Investment Management
New York
$24.6M +$7.16M +878,616 +48%
CCMH
25
Cornerstone Capital Management Holdings
New York
$20.7M -$1.06M -130,340 -5%

MDU Hedge Fund Activity: Q2 2016 in Review

310 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q2 2016, worth a combined $3B — up 28% from $2.34B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new MDU positions and 21 closed out — a net gain of 27 holders — while 120 added to existing stakes and 86 trimmed.

The largest buyer was Vanguard Group, adding an estimated $28.7M. The largest seller was Royal London Asset Management, cutting an estimated $19.4M.

  • 310 institutional investors held MDU Resources (MDU) as of Q2 2016, up from 287 in Q1 2016.
  • Funds reported $3B of MDU Resources stock for Q2 2016, up 28% quarter-over-quarter.
  • 48 funds opened new MDU Resources positions in Q2 2016 and 21 closed out, a net change of +27 holders.
  • The largest MDU Resources buyer in Q2 2016 was Vanguard Group, an estimated $28.7M added.
  • The largest MDU Resources seller in Q2 2016 was Royal London Asset Management, an estimated $19.4M sold.

Based on aggregated 13F filings for Q2 2016.