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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
BlackRock
1
BlackRock
New York
$459M +$12.8M +768,927 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$414M -$681K -40,798 -0.2%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$174M +$5.67M +339,573 +4%
Barrow, Hanley, Mewhinney & Strauss
4
Barrow, Hanley, Mewhinney & Strauss
Texas
$163M +$5.82M +348,762 +4%
State Street
5
State Street
Massachusetts
$123M +$4.87M +291,663 +4%
RRAM
6
River Road Asset Management
Kentucky
$94.2M +$63M +3,776,639 +250%
CM
7
Corvex Management
New York
$74.5M
Morgan Stanley
8
Morgan Stanley
New York
$65.2M +$1.38M +82,433 +2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$60.5M -$555K -33,256 -1%
Macquarie Group
10
Macquarie Group
Australia
$57.3M -$2.44M -146,355 -4%
FCM
11
Frontier Capital Management
Massachusetts
$53.3M +$3.36M +201,162 +7%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$46.2M +$11.2M +669,239 +35%
T. Rowe Price Investment Management
13
T. Rowe Price Investment Management
Maryland
$44.7M +$29.4M +1,763,473 +236%
Charles Schwab
14
Charles Schwab
California
$35.4M -$7.87M -471,198 -19%
Invesco
15
Invesco
Georgia
$35.1M -$6.13M -366,946 -16%
Allspring Global Investments
16
Allspring Global Investments
North Carolina
$34.5M -$4.17M -249,525 -11%
US Bancorp
17
US Bancorp
Minnesota
$30.3M -$183K -10,969 -0.6%
Northern Trust
18
Northern Trust
Illinois
$28.2M +$1.32M +78,975 +5%
DDPIC
19
Deroy & Devereaux Private Investment Counsel
Michigan
$28.1M +$199K +11,895 +0.8%
Mirae Asset Global ETFs Holdings
20
Mirae Asset Global ETFs Holdings
Hong Kong
$27.9M +$596K +35,688 +2%
Hotchkis & Wiley Capital Management
21
Hotchkis & Wiley Capital Management
California
$25.1M -$2.11M -126,380 -8%
BFA
22
Bragg Financial Advisors
North Carolina
$23.3M +$129K +7,719 +0.6%
EARNEST Partners
23
EARNEST Partners
Georgia
$22.8M +$21.3M +1,278,059 New
Goldman Sachs
24
Goldman Sachs
New York
$22.5M +$12.9M +770,395 +156%
American Century Companies
25
American Century Companies
Missouri
$22.5M -$21.8M -1,303,594 -51%

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.