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MDU Resources

379 hedge funds and large institutions have $3.09B invested in MDU Resources in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 42 increasing their positions, 296 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

829% more call options, than puts

Call options by funds: $4.64M | Put options by funds: $500K

8% less funds holding

Funds holding: 410379 (-31)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

30% less capital invested

Capital invested by funds: $4.4B → $3.09B (-$1.32B)

42% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 71

56.14% less ownership

Funds ownership: 186.53%130.39% (-56%)

86% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 296

Holders
379
Holders Change
-31
Holders Change %
-7.56%
% of All Funds
5.95%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
41
Increased
42
Reduced
296
Closed
71
Calls
$4.64M
Puts
$500K
Net Calls
+$4.14M
Net Calls Change
+$1.55M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$459M -$213M -18,944,131 -32%
BlackRock
2
BlackRock
New York
$400M -$169M -15,038,342 -30%
State Street
3
State Street
Massachusetts
$310M -$164M -14,542,471 -36%
CM
4
Corvex Management
New York
$212M -$94.1M -8,370,142 -31%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$106M -$42.5M -3,778,805 -29%
Franklin Resources
6
Franklin Resources
California
$88.1M -$39M -3,469,115 -31%
5NCM
7
59 North Capital Management
Texas
$76.5M -$6.52M -580,007 -8%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$72.1M -$27.9M -2,482,654 -29%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$66.8M -$25.4M -2,256,888 -28%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$62.1M -$27.4M -2,436,675 -31%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$50.5M -$48.7M -4,331,678 -50%
Morgan Stanley
12
Morgan Stanley
New York
$47M -$5.45M -484,429 -11%
Millennium Management
13
Millennium Management
New York
$43.6M +$14.4M +1,284,318 +52%
Norges Bank
14
Norges Bank
Norway
$43.3M -$30.3M -2,689,802 -42%
RRAM
15
River Road Asset Management
Kentucky
$42M -$16.3M -1,448,649 -29%
Charles Schwab
16
Charles Schwab
California
$39.5M -$17.5M -1,557,580 -31%
First Trust Advisors
17
First Trust Advisors
Illinois
$36M +$10.6M +941,787 +44%
US Bancorp
18
US Bancorp
Minnesota
$35.8M -$16.1M -1,427,132 -32%
FCM
19
Frontier Capital Management
Massachusetts
$34.6M -$6.41M -569,721 -16%
ProShare Advisors
20
ProShare Advisors
Maryland
$33M -$1.18M -105,231 -4%
ORIO
21
Old Republic International (ORI)
Illinois
$30.3M -$13.4M -1,191,959 -31%
Northern Trust
22
Northern Trust
Illinois
$30M -$15M -1,336,786 -34%
Neuberger Berman Group
23
Neuberger Berman Group
New York
$26.2M +$4.15M +369,409 +20%
Allspring Global Investments
24
Allspring Global Investments
North Carolina
$22.7M +$7.5M +667,060 +52%
Adage Capital Partners
25
Adage Capital Partners
Massachusetts
$22M -$9.74M -866,129 -31%

MDU Hedge Fund Activity: Q2 2023 in Review

379 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q2 2023, worth a combined $3.09B — down 30% from $4.4B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of MDU and 41 opened new positions — a net loss of 30 holders — while 296 trimmed existing stakes and 42 added.

The largest buyer was Millennium Management, adding an estimated $14.4M. The largest seller was Vanguard Group, cutting an estimated $213M.

  • 379 institutional investors held MDU Resources (MDU) as of Q2 2023, down from 410 in Q1 2023.
  • Funds reported $3.09B of MDU Resources stock for Q2 2023, down 30% quarter-over-quarter.
  • 41 funds opened new MDU Resources positions in Q2 2023 and 71 closed out, a net change of -30 holders.
  • The largest MDU Resources buyer in Q2 2023 was Millennium Management, an estimated $14.4M added.
  • The largest MDU Resources seller in Q2 2023 was Vanguard Group, an estimated $213M sold.

Based on aggregated 13F filings for Q2 2023.