MDU Resources
415 hedge funds and large institutions have $3.8B invested in MDU Resources in 2025 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 153 increasing their positions, 114 reducing their positions, and 58 closing their positions.
401% more call options, than puts
Call options by funds: $791K | Put options by funds: $158K
34% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 114
29% more capital invested
Capital invested by funds: $2.96B → $3.8B (+$845M)
26% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 58
14.02% more ownership
Funds ownership: 81.24% → 95.26% (+14%)
2% more funds holding
Funds holding: 406 → 415 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$171M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$97.8M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
+$84.4M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$83.9M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$74.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$74.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$61.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$21.3M |
| 4 |
Millennium Management
New York
|
-$15.2M |
| 5 |
Goldman Sachs
New York
|
-$13.2M |
MDU Hedge Fund Activity: Q4 2025 in Review
415 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q4 2025, worth a combined $3.8B — up 29% from $2.96B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new MDU positions and 58 closed out — a net gain of 15 holders — while 153 added to existing stakes and 114 trimmed.
The largest buyer was EARNEST Partners, adding an estimated $171M. The largest seller was Corvex Management, exiting entirely with an estimated $74.5M sold.
- 415 institutional investors held MDU Resources (MDU) as of Q4 2025, up from 406 in Q3 2025.
- Funds reported $3.8B of MDU Resources stock for Q4 2025, up 29% quarter-over-quarter.
- 73 funds opened new MDU Resources positions in Q4 2025 and 58 closed out, a net change of +15 holders.
- The largest MDU Resources buyer in Q4 2025 was EARNEST Partners, an estimated $171M added.
- The largest MDU Resources seller in Q4 2025 was Corvex Management, an estimated $74.5M sold.
Based on aggregated 13F filings for Q4 2025.