MDU Resources
409 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, 138 increasing their positions, 131 reducing their positions, and 47 closing their positions.
494% more call options, than puts
Call options by funds: $856K | Put options by funds: $144K
25% more capital inflows, than outflows
Capital inflows: $347M | Capital outflows: $279M
13% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 47
1.96% more ownership
Funds ownership: 79.29% → 81.25% (+2%)
5% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 131
0% more funds holding
Funds holding: 409 → 409 (0)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
River Road Asset Management
Louisville,
Kentucky
|
+$63M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$29.4M |
| 3 |
EARNEST Partners
Atlanta,
Georgia
|
+$21.3M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
+$16.4M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pertento Partners
London,
United Kingdom
|
-$52.6M |
| 2 |
Hennessy Advisors Inc
Novato,
California
|
-$27.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$21.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$7.87M |
MDU Hedge Fund Activity: Q3 2025 in Review
409 of the 7,657 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 138 added to existing stakes and 131 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.
- 409 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.