MDU Resources
422 hedge funds and large institutions have $3.97B invested in MDU Resources in 2026 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 165 increasing their positions, 109 reducing their positions, and 43 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 109
28% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 43
1% more funds holding
Funds holding: 416 → 422 (+6)
4% more capital invested
Capital invested by funds: $3.8B → $3.97B (+$170M)
1.49% less ownership
Funds ownership: 95.26% → 93.77% (-1.5%)
78% less call options, than puts
Call options by funds: $25K | Put options by funds: $112K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$51.9M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$36.7M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$24.1M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$17.7M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$60.5M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$23M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$14.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$13.5M |
| 5 |
YCM
Yaupon Capital Management
New York
|
-$13.4M |
MDU Hedge Fund Activity: Q1 2026 in Review
422 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in MDU Resources (MDU) for Q1 2026, worth a combined $3.97B — up 4.5% from $3.8B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new MDU positions and 43 closed out — a net gain of 12 holders — while 165 added to existing stakes and 109 trimmed.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $51.9M. The largest seller was First Trust Advisors, cutting an estimated $60.5M.
- 422 institutional investors held MDU Resources (MDU) as of Q1 2026, up from 416 in Q4 2025.
- Funds reported $3.97B of MDU Resources stock for Q1 2026, up 4.5% quarter-over-quarter.
- 55 funds opened new MDU Resources positions in Q1 2026 and 43 closed out, a net change of +12 holders.
- The largest MDU Resources buyer in Q1 2026 was Vaughan Nelson Investment Management, an estimated $51.9M added.
- The largest MDU Resources seller in Q1 2026 was First Trust Advisors, an estimated $60.5M sold.
Based on aggregated 13F filings for Q1 2026.