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MDU Resources

376 hedge funds and large institutions have $2.81B invested in MDU Resources in 2023 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 120 increasing their positions, 140 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

210% more call options, than puts

Call options by funds: $3.89M | Put options by funds: $1.25M

5% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 43

1% less funds holding

Funds holding: 379376 (-3)

3.54% less ownership

Funds ownership: 130.39%126.85% (-3.5%)

9% less capital invested

Capital invested by funds: $3.09B → $2.81B (-$274M)

14% less repeat investments, than reductions

Existing positions increased: 120 | Existing positions reduced: 140

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
376
Holders Change
-3
Holders Change %
-0.79%
% of All Funds
5.97%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
45
Increased
120
Reduced
140
Closed
43
Calls
$3.89M
Puts
$1.25M
Net Calls
+$2.64M
Net Calls Change
-$1.51M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$408M -$22.8M -1,981,146 -5%
BlackRock
2
BlackRock
New York
$376M +$1.9M +164,806 +0.5%
CM
3
Corvex Management
New York
$199M
State Street
4
State Street
Massachusetts
$112M -$186M -16,138,848 -61%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$104M +$4.93M +428,347 +5%
Franklin Resources
6
Franklin Resources
California
$82.4M -$16.4K -1,422 -0%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$70.2M +$24.4M +2,120,512 +49%
Barrow, Hanley, Mewhinney & Strauss
8
Barrow, Hanley, Mewhinney & Strauss
Texas
$66.7M -$774K -67,246 -1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$64.2M +$1.77M +153,325 +3%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$55.3M -$2.96M -257,252 -5%
Morgan Stanley
11
Morgan Stanley
New York
$51.4M +$7.94M +689,514 +17%
First Trust Advisors
12
First Trust Advisors
Illinois
$49.3M +$16.6M +1,442,827 +47%
Millennium Management
13
Millennium Management
New York
$42M +$1.38M +119,715 +3%
Norges Bank
14
Norges Bank
Norway
$40.8M +$360K +31,279 +0.8%
FCM
15
Frontier Capital Management
Massachusetts
$40.6M +$8.74M +759,010 +25%
RRAM
16
River Road Asset Management
Kentucky
$38.4M -$930K -80,787 -2%
Citadel Advisors
17
Citadel Advisors
Florida
$37.3M +$32.5M +2,819,932 +457%
Charles Schwab
18
Charles Schwab
California
$36.5M -$501K -43,553 -1%
5NCM
19
59 North Capital Management
Texas
$35.5M -$38.2M -3,319,368 -50%
US Bancorp
20
US Bancorp
Minnesota
$33.9M +$436K +37,851 +1%
JGC
21
J. Goldman & Co
New York
$31.4M +$33.4M +2,897,234 New
SC
22
Sasco Capital
Connecticut
$30.3M +$10.8M +936,471 +50%
ORIO
23
Old Republic International (ORI)
Illinois
$28.3M
Allspring Global Investments
24
Allspring Global Investments
North Carolina
$27.9M +$6.99M +607,401 +31%
Northern Trust
25
Northern Trust
Illinois
$27.6M -$522K -45,331 -2%

MDU Hedge Fund Activity: Q3 2023 in Review

376 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q3 2023, worth a combined $2.81B — down 8.9% from $3.09B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new MDU positions and 43 closed out — a net gain of 2 holders — while 120 added to existing stakes and 140 trimmed.

The largest buyer was J. Goldman & Co, opening a new position worth an estimated $33.4M. The largest seller was State Street, cutting an estimated $186M.

  • 376 institutional investors held MDU Resources (MDU) as of Q3 2023, down from 379 in Q2 2023.
  • Funds reported $2.81B of MDU Resources stock for Q3 2023, down 8.9% quarter-over-quarter.
  • 45 funds opened new MDU Resources positions in Q3 2023 and 43 closed out, a net change of +2 holders.
  • The largest MDU Resources buyer in Q3 2023 was J. Goldman & Co, an estimated $33.4M added.
  • The largest MDU Resources seller in Q3 2023 was State Street, an estimated $186M sold.

Based on aggregated 13F filings for Q3 2023.