Mdu Resources GroupMDU
13F holders, Q1 2025 (March 31)402holders +3
59new positions
55sold out
7famous investors
$16.91avg. 13F price*
At the end of Q1 2025, 402 institutions reported holding Mdu Resources Group Inc. (MDU) in their 13F filings, up 3 from Q4 2024. 59 opened new positions and 55 sold out. The largest holders were BlackRock, Inc. ($436.1M), Vanguard Group Inc. ($395.8M) and Barrow Hanley Mewhinney & Strauss LLC ($144.4M). 7 famous investors held it, including Cliff Asness (0.0% of AQR Capital Management's portfolio), Joel Greenblatt (0.0% of Gotham Asset Management's portfolio) and Israel Englander (0.0% of Millennium Management's portfolio).
- Company
- Mdu Resources Group Inc.
- CUSIP
- 552690109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 59 | $67.2M |
| Exits | 55 | $46.5M |
All 13F filers, Q4 2024 → Q1 2025: 17,840,789 shares bought and 15,173,986 shares sold, net +2,666,803 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 402 holders
| BlackRock, Inc. | 0.01% | Reduce -3.0% | 25,788,314 | $436.1M |
| Vanguard Group Inc. | 0.01% | Add +1.8% | 23,405,598 | $395.8M |
| Barrow Hanley Mewhinney & Strauss LLC | 0.52% | Add +50.0% | 8,539,073 | $144.4M |
| Dimensional Fund Advisors LP | 0.04% | Add +3.2% | 8,450,566 | $142.9M |
| State Street Corp. | 0.00% | Reduce -3.5% | 6,627,737 | $112.9M |
| Corvex Management LP | 3.85% | Reduce -17.4% | 5,871,758 | $99.3M |
| Morgan Stanley | 0.01% | Add +29.7% | 4,511,833 | $76.3M |
| First Trust Advisors LP | 0.05% | Reduce -49.9% | 3,507,719 | $59.3M |
| Geode Capital Management, LLC | 0.00% | Reduce -2.7% | 3,418,275 | $57.8M |
| Macquarie Group Ltd. | 0.07% | Add +6.5% | 3,359,436 | $56.8M |
| Pertento Partners LLP | 6.37% | Add +5.5% | 3,155,743 | $53.4M |
| Invesco Ltd. | 0.01% | Add +30.1% | 3,124,863 | $52.8M |
| American Century Companies Inc. | 0.03% | Reduce -29.2% | 3,060,247 | $51.7M |
| Norges Bank | 0.01% | Add +3.4% | 2,345,209 | $39.7M |
| Frontier Capital Management Co. LLC | 0.43% | Add +10.1% | 2,330,634 | $39.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +6.9% | 2,329,538 | $39.4M |
| Allspring Global Investments Holdings, LLC | 0.07% | Add +7.7% | 2,276,045 | $38.5M |
| Bank of New York Mellon Corp | 0.01% | Reduce -4.2% | 2,022,319 | $34.2M |
| Hennessy Advisors Inc. | 1.11% | Reduce -8.2% | 1,977,407 | $33.4M |
| US Bancorp \de | 0.04% | Reduce -0.0% | 1,730,289 | $29.3M |
| Northern Trust Corp. | 0.00% | Add +0.0% | 1,576,402 | $26.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.06% | Add +11.9% | 1,566,781 | $26.5M |
| Adage Capital Partners Gp, L.L.C. | 0.05% | Add +195.0% | 1,548,864 | $26.2M |
| AQR Capital Management | 0.03% | Add +40.5% | 1,538,739 | $25.6M |
| Millennium Management | 0.02% | Add +103.0% | 1,343,979 | $22.7M |
| Bragg Financial Advisors, Inc | 0.85% | Add +107.2% | 1,219,676 | $20.6M |
| Neuberger Berman Group LLC | 0.02% | Reduce -1.6% | 1,209,930 | $20.5M |
| Hood River Capital Management LLC | 0.32% | Add +1.4% | 1,123,736 | $19.0M |
| Managed Asset Portfolios, LLC | 2.49% | Reduce -0.4% | 1,064,246 | $18.0M |
| UBS Group AG | 0.00% | Add +28.9% | 1,017,830 | $17.2M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -2.4% | 1,012,435 | $17.1M |
| Principal Financial Group Inc. | 0.01% | Add +2.4% | 1,011,987 | $17.1M |
| Jupiter Asset Management Ltd. | 0.16% | Reduce -27.5% | 967,678 | $16.4M |
| Jacobs Levy Equity Management, Inc. | 0.06% | New | 865,513 | $14.6M |
| JPMorgan Chase & Co. | 0.00% | Add +66.6% | 819,061 | $13.9M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | New | 730,960 | $12.4M |
| Nixon Capital, LLC | 4.15% | Add +6.4% | 709,412 | $12.0M |
| Legal & General Group Plc | 0.00% | Reduce -0.3% | 690,672 | $11.7M |
| Loomis Sayles & Co. L P | 0.02% | Reduce -0.1% | 671,552 | $11.4M |
| Brandywine Global Investment Management, LLC | 0.08% | Reduce -3.7% | 666,283 | $11.3M |
| Public Sector Pension Investment Board | 0.05% | Add +27.3% | 646,575 | $10.9M |
| Nuveen, LLC | 0.00% | — | 640,211 | $10.8M |
| Ameriprise Financial Inc. | 0.00% | Add +24.7% | 633,273 | $10.7M |
| Panagora Asset Management Inc. | 0.05% | Reduce -3.4% | 632,471 | $10.7M |
| Bank of America Corp. | 0.00% | Add +13.8% | 609,865 | $10.3M |
| Ancora Advisors LLC | 0.22% | Reduce -20.1% | 595,655 | $10.1M |
| Cubist Systematic Strategies, LLC | 0.12% | Add +178.3% | 519,146 | $8.8M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -47.5% | 502,799 | $8.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +8.7% | 499,908 | $8.5M |
| Rhumbline Advisers | 0.01% | Reduce -3.0% | 492,478 | $8.3M |
| Keeley-Teton Advisors, LLC | 1.00% | Add +15.8% | 487,449 | $8.2M |
| Russell Investments Group, Ltd. | 0.01% | Add +21.0% | 482,293 | $8.2M |
| Victory Capital Management Inc. | 0.01% | Add +217.5% | 480,353 | $8.1M |
| Man Group plc | 0.02% | New | 460,140 | $7.8M |
| Needham Investment Management LLC | 0.73% | Reduce -0.4% | 459,000 | $7.8M |
| California Public Employees Retirement System | 0.01% | Add +4.8% | 421,766 | $7.1M |
| Baird Financial Group, Inc. | 0.01% | Reduce -11.1% | 411,672 | $7.0M |
| John G Ullman & Associates Inc. | 1.03% | Reduce -0.4% | 396,163 | $6.7M |
| Thrivent Financial for Lutherans | 0.01% | Add +147.7% | 390,390 | $6.6M |
| Swiss National Bank | 0.00% | Reduce -1.5% | 375,290 | $6.3M |
| Renaissance Technologies | 0.01% | New | 346,550 | $5.9M |
| Intech Investment Management LLC | 0.06% | Add +535.9% | 345,958 | $5.9M |
| Hudson Value Partners, LLC | 2.18% | Add +61.3% | 343,429 | $5.8M |
| State Board of Administration of Florida Retirement System | 0.01% | Add +53.2% | 330,950 | $5.6M |
| Kestrel Investment Management Corp. | 3.35% | No change | 324,300 | $5.5M |
| M&T Bank Corp | 0.02% | Reduce -0.3% | 312,318 | $5.3M |
| Verition Fund Management LLC | 0.03% | Add +303.8% | 295,737 | $5.0M |
| Trexquant Investment LP | 0.06% | Add +19.1% | 290,455 | $4.9M |
| Plustick Management LLC | 3.33% | Reduce -17.2% | 265,000 | $4.5M |
| New York State Teachers Retirement System | 0.01% | Reduce -0.3% | 260,791 | $4.4M |
| Angeles Investment Advisors, LLC | 0.24% | No change | 258,331 | $4.4M |
| Creative Planning | 0.00% | Add +956.3% | 254,664 | $4.3M |
| Quantinno Capital Management LP | 0.03% | Add +171.4% | 234,660 | $4.0M |
| FMR LLC | 0.00% | Add +636.6% | 232,088 | $3.9M |
| Captrust Financial Advisors | 0.01% | Add +5.7% | 226,695 | $3.8M |
| Treasurer of the State of North Carolina | 0.02% | Add +1.8% | 224,099 | $3.8M |
| Two Sigma Advisers, LP | 0.01% | Reduce -32.4% | 219,700 | $3.7M |
| Prudential Financial Inc. | 0.00% | Reduce -12.8% | 201,616 | $3.4M |
| Bridgewater Associates | 0.02% | New | 194,664 | $3.3M |
| California State Teachers Retirement System | 0.00% | Add +6.2% | 193,291 | $3.3M |
| Advisors Asset Management, Inc. | 0.06% | Reduce -31.9% | 189,510 | $3.2M |
| State of Wisconsin Investment Board | 0.01% | Add +1.6% | 186,685 | $3.2M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -8.0% | 184,160 | $3.1M |
| Leuthold Group, LLC | 0.40% | New | 182,096 | $3.1M |
| Alliancebernstein L.P. | 0.00% | Add +180.9% | 181,735 | $3.1M |
| STRS Ohio | 0.01% | Reduce -33.8% | 181,100 | $3.1M |
| Dark Forest Capital Management LP | 0.14% | New | 180,987 | $3.1M |
| Citigroup Inc. | 0.00% | Reduce -62.5% | 179,838 | $3.0M |
| Squarepoint Ops LLC | 0.01% | New | 179,136 | $3.0M |
| Gotham Asset Management | 0.03% | Add +438.1% | 177,147 | $3.0M |
| Barclays PLC | 0.00% | Add +183.3% | 171,683 | $2.9M |
| Campbell & CO Investment Adviser LLC | 0.21% | Add +592.9% | 164,663 | $2.8M |
| Commonwealth Equity Services, LLC | 0.00% | Add +6.7% | 158,817 | $2.7M |
| Wells Fargo & Company | 0.00% | Reduce -1.5% | 158,000 | $2.7M |
| LPL Financial LLC | 0.00% | Reduce -1.8% | 151,869 | $2.6M |
| Bokf, NA | 0.04% | New | 148,846 | $2.5M |
| Caxton Associates LLP | 0.08% | — | 143,648 | $2.4M |
| Cerity Partners LLC | 0.01% | Add +182.0% | 143,467 | $2.4M |
| Susquehanna International Group, LLP | 0.00% | Add +73.0% | 139,256 | $2.4M |
| T. Rowe Price Associates Inc. | 0.00% | Add +7.5% | 138,892 | $2.3M |
| Capital Fund Management S.A. | 0.03% | Add +444.6% | 138,396 | $2.3M |
| Gsa Capital Partners LLP | 0.21% | Reduce -16.9% | 135,833 | $2.3M |
| Gabelli Funds LLC | 0.02% | No change | 135,500 | $2.3M |
| First Manhattan Co. Llc. | 0.01% | Reduce -3.5% | 131,174 | $2.2M |
| Stifel Financial Corp. | 0.00% | Add +2.0% | 131,729 | $2.2M |
| Jones Financial Companies LLLP | 0.00% | Add +34.4% | 119,809 | $2.0M |
| State of New Jersey Common Pension Fund D | 0.01% | Add +4.3% | 116,818 | $2.0M |
| Bank of Nova Scotia | 0.00% | Reduce -31.1% | 114,814 | $1.9M |
| State of Alaska, Department of Revenue | 0.02% | Reduce -2.5% | 112,972 | $1.9M |
| Comerica Bank | 0.01% | Add +1.0% | 111,500 | $1.9M |
| Bleakley Financial Group, LLC | 0.06% | Reduce -1.4% | 109,928 | $1.9M |
| Hudson Bay Capital Management LP | 0.01% | Reduce -39.0% | 109,821 | $1.9M |
| Register Financial Advisors LLC | 0.93% | Reduce -46.9% | 105,917 | $1.8M |
| Illinois Municipal Retirement Fund | 0.03% | Reduce -30.5% | 105,436 | $1.8M |
| Franklin Resources Inc. | 0.00% | Reduce -85.6% | 103,630 | $1.8M |
| Sei Investments Co. | 0.00% | Reduce -14.6% | 102,008 | $1.7M |
| Washington Trust Bank | 0.17% | No change | 100,341 | $1.7M |
| Louisiana State Employees Retirement System | 0.03% | Reduce -2.6% | 96,000 | $1.6M |
| Allianz Asset Management GmbH | 0.00% | Reduce -3.1% | 94,488 | $1.6M |
| State of Tennessee, Department of Treasury | 0.01% | Add +5.6% | 92,761 | $1.6M |
| GW&K Investment Management, LLC | 0.01% | Reduce -2.4% | 92,265 | $1.6M |
| Crossmark Global Holdings, Inc. | 0.03% | Add +77.5% | 91,556 | $1.5M |
| D.A. Davidson & Co. | 0.01% | Add +10.1% | 89,040 | $1.5M |
| Catalyst Capital Advisors LLC | 0.03% | No change | 89,010 | $1.5M |
| Janus Henderson Group PLC | 0.00% | No change | 90,353 | $1.5M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -4.2% | 86,675 | $1.5M |
| CPC Advisors, LLC | 0.20% | New | 85,080 | $1.4M |
| Cascade Investment Advisors, Inc. | 0.95% | Add +2.3% | 83,481 | $1.4M |
| Envestnet Asset Management Inc. | 0.00% | Add +25.6% | 82,860 | $1.4M |
| Riverwater Partners LLC | 0.69% | Add +55.7% | 78,950 | $1.3M |
| New York State Common Retirement Fund | 0.00% | No change | 78,119 | $1.3M |
| Dakota Wealth Management | 0.03% | Add +1.3% | 75,678 | $1.3M |
| Yousif Capital Management, LLC | 0.01% | Reduce -5.9% | 76,195 | $1.3M |
| DC Investments Management, LLC | 0.66% | No change | 75,966 | $1.3M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | No change | 73,929 | $1.3M |
| Cladis Investment Advisory, LLC | 0.90% | Reduce -2.1% | 73,364 | $1.2M |
| CW Advisors, LLC | 0.01% | New | 72,017 | $1.2M |
| Maryland State Retirement & Pension System | 0.03% | Reduce -11.1% | 71,045 | $1.2M |
| Private Advisor Group, LLC | 0.01% | Add +0.3% | 70,607 | $1.2M |
| Robeco Institutional Asset Management B.V. | 0.00% | Add +16.5% | 69,446 | $1.2M |
| Royal Bank of Canada | 0.00% | Reduce -5.9% | 69,062 | $1.2M |
| Deutsche Bank AG | 0.00% | Reduce -1.5% | 68,563 | $1.2M |
| Ensign Peak Advisors, Inc | 0.00% | No change | 68,282 | $1.2M |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +28.6% | 66,160 | $1.1M |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 66,039 | $1.1M |
| Zimmer Partners, LP | 0.02% | New | 65,096 | $1.1M |
| WINTON GROUP Ltd | 0.07% | Add +9.5% | 63,581 | $1.1M |
| Ontario Teachers Pension Plan Board | 0.02% | Reduce -57.1% | 63,432 | $1.1M |
| NewEdge Advisors, LLC | 0.01% | Add +0.3% | 62,259 | $1.1M |
| Amalgamated Bank | 0.01% | Reduce -3.3% | 61,374 | $1.0M |
| Cetera Investment Advisers | 0.00% | Reduce -6.3% | 60,146 | $1.0M |
| Raymond James Financial Inc. | 0.00% | Add +23.9% | 59,192 | $1.0M |
| Dynamic Technology Lab Private Ltd | 0.14% | Add +62.6% | 57,734 | $977K |
| Bank of Montreal | 0.00% | Add +16.8% | 57,305 | $969K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Reduce -15.3% | 57,049 | $965K |
| Miller Howard Investments Inc. | 0.03% | Add +9.0% | 56,239 | $951K |
| Arizona State Retirement System | 0.01% | Reduce -1.2% | 55,560 | $940K |
| Guggenheim Capital LLC | 0.01% | Add +29.3% | 54,158 | $916K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 52,488 | $894K |
| Clark Financial Services Group Inc. | 0.61% | No change | 52,269 | $884K |
| Aquatic Capital Management LLC | 0.02% | New | 51,428 | $870K |
| Reaves W H & Co. Inc. | 0.02% | No change | 50,000 | $846K |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.00% | Add +12.1% | 48,792 | $825K |
| Citadel Advisors | 0.00% | Reduce -74.6% | 48,514 | $820K |
| Financial Engines Advisors L.L.C. | 0.00% | Add +15.1% | 47,957 | $811K |
| Oregon Public Employees Retirement Fund | 0.02% | Reduce -2.6% | 46,675 | $789K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -38.4% | 46,250 | $782K |
| Voya Investment Management LLC | 0.00% | Reduce -54.4% | 46,100 | $780K |
| Moors & Cabot, Inc. | 0.04% | Add +5.5% | 45,759 | $774K |
| Beacon Pointe Advisors, LLC | 0.01% | Reduce -81.3% | 43,659 | $738K |
| Montgomery Investment Management Inc. | 0.29% | Reduce -6.4% | 43,578 | $737K |
| Pictet Asset Management Holding SA | 0.00% | Add +0.5% | 42,672 | $720K |
| Brown Brothers Harriman & Co. | 0.01% | No change | 42,586 | $720K |
| Natixis Advisors, LLC | 0.00% | Reduce -28.1% | 41,848 | $708K |
| Cwm, LLC | 0.00% | Add +4.5% | 41,080 | $695K |
| Country Club Bank | 0.05% | No change | 40,750 | $678K |
| Jump Financial, LLC | 0.01% | Reduce -28.3% | 39,200 | $663K |
| Occudo Quantitative Strategies LP | 0.08% | New | 37,644 | $627K |
| Westport Asset Management Inc. | 0.29% | No change | 35,000 | $592K |
| HighTower Advisors, LLC | 0.00% | Reduce -10.9% | 34,646 | $586K |
| New Age Alpha Advisors, LLC | 0.03% | New | 34,532 | $584K |
| Landscape Capital Management, L.L.C. | 0.05% | Add +25.0% | 34,408 | $582K |
| Mackenzie Financial Corp. | 0.00% | Add +79.0% | 33,960 | $574K |
| Angeles Wealth Management, LLC | 0.05% | No change | 33,481 | $566K |
| Avantax Advisory Services, Inc. | 0.00% | Add +74.0% | 33,112 | $560K |
| Focus Partners Advisor Solutions, LLC | 0.01% | Add +1.4% | 32,398 | $548K |
| PNC Financial Services Group, Inc. | 0.00% | Add +2.7% | 29,903 | $506K |
| Sterling Capital Management LLC | 0.01% | Reduce -73.0% | 29,822 | $504K |
| Mutual of America Capital Management LLC | 0.01% | Reduce -3.9% | 29,690 | $502K |
| Tidal Investments LLC | 0.00% | Add +179.2% | 28,628 | $484K |
| Aurora Investment Counsel | 0.27% | Reduce -8.5% | 28,491 | $482K |
| Patten Group, Inc. | 0.11% | Reduce -21.6% | 28,349 | $479K |
| Teacher Retirement System of Texas | 0.00% | Reduce -68.8% | 28,317 | $479K |
| Jane Street Group, LLC | 0.00% | Add +1.3% | 27,972 | $473K |
| Cambria Investment Management, L.P. | 0.03% | Add +17.3% | 27,362 | $463K |
| Brady Martz Wealth Solutions, LLC | 0.10% | Reduce -1.5% | 26,840 | $454K |
| Cohen Capital Management, Inc. | 0.08% | No change | 26,324 | $445K |
| First PREMIER Bank | 0.11% | Reduce -10.2% | 25,752 | $435K |
| Arkadios Wealth Advisors | 0.02% | New | 25,236 | $427K |
| Osaic Holdings, Inc. | 0.00% | Reduce -9.5% | 24,483 | $414K |
| Bailard, Inc. | 0.01% | Reduce -45.0% | 23,788 | $402K |
| Foster & Motley Inc. | 0.03% | Reduce -30.3% | 23,770 | $402K |
| Oppenheimer Asset Management Inc. | 0.00% | Reduce -12.3% | 23,556 | $398K |
| Brasada Capital Management, LP | 0.08% | Reduce -54.6% | 25,000 | $390K |
| Worldquant Millennium Advisors LLC | 0.00% | New | 22,968 | $388K |
| Ingalls & Snyder LLC | 0.01% | No change | 22,345 | $378K |
| Allied Investment Advisors, LLC | 0.07% | Reduce -0.6% | 22,069 | $373K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 21,699 | $367K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +47.5% | 21,679 | $367K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +8.7% | 21,663 | $366K |
| Corient Private Wealth LP | 0.00% | Add +23.6% | 21,182 | $358K |
| Inspire Investing, LLC | 0.04% | Reduce -8.0% | 20,492 | $347K |
| Forza Wealth Management, LLC | 0.16% | No change | 20,485 | $346K |
| Mariner, LLC | 0.00% | Reduce -6.1% | 20,354 | $344K |
| PharVision Advisers, LLC | 0.47% | New | 20,083 | $340K |
| Cascade Investment Group, Inc. | 0.26% | No change | 20,000 | $338K |
| Y-Intercept (Hong Kong) Ltd | 0.02% | Reduce -53.3% | 19,775 | $334K |
| CIBC Asset Management Inc | 0.00% | Reduce -3.6% | 19,330 | $327K |
| Graham Capital Management, L.P. | 0.01% | New | 19,004 | $321K |
| Unified Investment Management | 0.38% | Reduce -8.0% | 18,941 | $320K |
| Axq Capital, LP | 0.13% | New | 18,481 | $313K |
| EntryPoint Capital, LLC | 0.14% | New | 18,070 | $306K |
| Mitsubishi UFJ Trust & Banking Corp | 0.00% | Add +24.9% | 17,751 | $300K |
| Palisade Asset Management, LLC | 0.03% | Reduce -5.3% | 17,700 | $299K |
| GAMCO Investors | 0.00% | Reduce -2.2% | 17,600 | $298K |
| Fieldview Capital Management, LLC | 0.04% | New | 17,391 | $294K |
| Marshall Wace, LLP | 0.00% | New | 17,131 | $290K |
| MSH Capital Advisors LLC | 0.09% | Add +0.1% | 17,107 | $289K |
| Lanark Financial, Inc. | 0.02% | — | 17,146 | $289K |
| SeaCrest Wealth Management, LLC | 0.03% | Reduce -3.9% | 16,762 | $283K |
| Huntington National Bank | 0.00% | Add +107.2% | 16,527 | $279K |
| Oxford Asset Management LLP | 0.13% | New | 16,495 | $279K |
| Apollon Wealth Management, LLC | 0.01% | Reduce -14.0% | 16,282 | $275K |
| SG Americas Securities, LLC | 0.00% | Add +25.5% | 15,895 | $269K |
| Oak Thistle LLC | 0.05% | New | 15,431 | $261K |
| Ashton Thomas Private Wealth, LLC | 0.01% | Reduce -11.1% | 15,228 | $259K |
| Coldstream Capital Management Inc. | 0.01% | Add +0.3% | 15,185 | $257K |
| Smith, Moore & Co. | 0.02% | Reduce -24.7% | 15,070 | $255K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.06% | Add +1132.6% | 14,471 | $245K |
| Glenmede Trust Co. NA | 0.00% | Add +10.7% | 14,206 | $240K |
| Precedent Wealth Partners, LLC | 0.07% | No change | 14,175 | $240K |
| Sherbrooke Park Advisers LLC | 0.11% | Reduce -78.3% | 14,159 | $239K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +29.4% | 13,660 | $231K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.00% | — | 13,201 | $223K |
| BNP Paribas Financial Markets | 0.00% | Reduce -61.7% | 13,184 | $223K |
| Petrus Trust Company, LTA | 0.02% | New | 13,177 | $223K |
| United Services Automobile Association | 0.01% | No change | 13,304 | $222K |
| Hancock Whitney Corp. | 0.01% | Add +17.0% | 12,757 | $216K |
| AdvisorNet Financial, Inc | 0.02% | Reduce -30.8% | 12,503 | $211K |
| Millburn Ridgefield LLC | 0.01% | New | 12,237 | $207K |
| Quadrant Capital Group LLC | 0.01% | Add +1114.9% | 12,185 | $206K |
| Vident Advisory, LLC | 0.00% | New | 12,043 | $204K |
| Silvercrest Asset Management Group LLC | 0.00% | Reduce -98.8% | 11,934 | $202K |
| First Citizens Bank & Trust Co. | 0.01% | No change | 11,845 | $200K |
| Trajan Wealth LLC | 0.01% | New | 11,794 | $199K |
| Boothbay Fund Management, LLC | 0.01% | New | 11,493 | $194K |
| Legacy Wealth Asset Management, LLC | 0.05% | No change | 11,371 | $192K |
| Independent Advisor Alliance | 0.01% | Add +7.1% | 11,329 | $192K |
| Utah Retirement Systems | 0.00% | No change | 11,100 | $188K |
| 111 Capital | 0.04% | New | 10,802 | $183K |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.00% | New | 10,850 | $181K |
| Elgethun Capital Management | 0.04% | Add +0.4% | 10,666 | $180K |
| &partners | 0.00% | New | 10,548 | $176K |
| HSBC Holdings PLC | 0.00% | Reduce -90.0% | 10,376 | $175K |
| Greenleaf Trust | 0.00% | Reduce -0.8% | 10,257 | $173K |
| Koshinski Asset Management, Inc. | 0.01% | New | 10,224 | $173K |
| Savant Capital, LLC | 0.00% | Reduce -1.3% | 10,048 | $170K |
| Horan Capital Advisors, LLC. | 0.06% | No change | 10,000 | $169K |
| Kestra Advisory Services, LLC | 0.00% | New | 8,689 | $147K |
| KBC Group NV | 0.00% | No change | 8,553 | $145K |
| State of Wyoming | 0.02% | Reduce -58.1% | 8,423 | $142K |
| Quarry LP | 0.04% | New | 8,140 | $138K |
| Corebridge Financial, Inc. | 0.00% | Reduce -7.6% | 7,949 | $134K |
| Covestor Ltd | 0.08% | Add +135.1% | 6,883 | $117K |
| Federated Hermes, Inc. | 0.00% | New | 6,884 | $116K |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.00% | Reduce -94.6% | 6,808 | $115K |
| Adalta Capital Management LLC | 0.06% | No change | 6,530 | $111K |
| Tompkins Financial Corp. | 0.01% | Add +39.8% | 6,157 | $104K |
| Anchor Investment Management, LLC | 0.01% | Reduce -6.7% | 5,600 | $95K |
| Bartlett & Co. Wealth Management LLC | 0.00% | No change | 5,500 | $94K |
| Aster Capital Management (DIFC) Ltd | 0.02% | New | 5,182 | $89K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 5,149 | $87K |
| City Holding Co. | 0.01% | No change | 5,130 | $87K |
| Garde Capital, Inc. | 0.00% | New | 4,835 | $82K |
| Wood Tarver Financial Group, LLC | 0.03% | Add +0.1% | 4,607 | $78K |
| Physician Wealth Advisors, Inc. | 0.01% | No change | 4,500 | $76K |
| Point72 (DIFC) Ltd | 0.01% | New | 4,492 | $76K |
| Bayforest Capital Ltd | 0.03% | Reduce -2.7% | 4,490 | $76K |
| Simplex Trading, LLC | 0.00% | Reduce -76.8% | 4,383 | $74K |
| Bangor Savings Bank | 0.01% | Reduce -17.1% | 4,136 | $70K |
| Blue Trust, Inc. | 0.00% | Add +6.5% | 3,992 | $68K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -12.9% | 3,841 | $65K |
| HM Payson & Co. | 0.00% | No change | 3,700 | $63K |
| MetLife Investment Management, LLC | 0.00% | Add +2.3% | 3,651 | $62K |
| CoreCap Advisors, LLC | 0.00% | No change | 3,559 | $60K |
| Concord Wealth Partners | 0.01% | No change | 3,389 | $57K |
| Johnson Financial Group, Inc. | 0.00% | No change | 3,037 | $52K |
| Colonial Trust Co / SC | 0.01% | No change | 3,000 | $51K |
| Headlands Technologies LLC | 0.01% | New | 2,819 | $48K |
| Quent Capital, LLC | 0.00% | No change | 2,392 | $40K |
| Nomura Asset Management Co. Ltd. | 0.00% | No change | 2,380 | $40K |
| Farther Finance Advisors, LLC | 0.00% | Add +0.2% | 2,317 | $39K |
| Investors Research Corp | 0.01% | Reduce -78.6% | 2,200 | $37K |
| Parallel Advisors, LLC | 0.00% | Add +20.2% | 2,152 | $36K |
| Atlas Capital Advisors Inc. | 0.00% | Reduce -18.1% | 2,036 | $34K |
| Bank of New Hampshire | 0.01% | No change | 2,020 | $34K |
| CIBC Private Wealth Group LLC | 0.00% | Add +1.5% | 2,030 | $32K |
| GAMMA Investing LLC | 0.00% | Add +241.9% | 1,843 | $31K |
| V-Square Quantitative Management LLC | 0.00% | No change | 1,834 | $31K |
| Crews Bank & Trust | 0.01% | Reduce -17.5% | 1,772 | $30K |
| Private Wealth Asset Management, LLC | 0.00% | — | 1,769 | $30K |
| HighMark Wealth Management LLC | 0.02% | No change | 1,679 | $28K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +29.5% | 1,604 | $27K |
| Principal Securities, Inc. | 0.00% | No change | 1,470 | $26K |
| Fifth Third Bancorp | 0.00% | Add +19.7% | 1,551 | $26K |
| Bessemer Group Inc. | 0.00% | Add +179.0% | 1,518 | $25K |
| Global Wealth Strategies & Associates | 0.01% | No change | 1,380 | $23K |
| Heritage Wealth Advisors | 0.00% | Add +13.0% | 1,300 | $22K |
| Sittner & Nelson, LLC | 0.01% | No change | 1,241 | $21K |
| Larson Financial Group LLC | 0.00% | Add +0.8% | 1,203 | $20K |
| Lindbrook Capital, LLC | 0.00% | Add +175.5% | 1,182 | $20K |
| Costello Asset Management, INC | 0.01% | New | 1,108 | $19K |
| Allworth Financial LP | 0.00% | Reduce -0.7% | 1,041 | $18K |
| Caldwell Trust Co | 0.00% | No change | 1,040 | $18K |
| Pinnacle Bancorp, Inc. | 0.01% | Reduce -8.8% | 1,032 | $17K |
| Adirondack Trust Co. | 0.01% | No change | 1,000 | $17K |
| Kestra Investment Management, LLC | 0.00% | New | 945 | $16K |
| AlphaQuest LLC | 0.00% | New | 918 | $16K |
| Leonteq Securities AG | 0.00% | No change | 861 | $15K |
| City State Bank | 0.00% | No change | 850 | $14K |
| Geneos Wealth Management Inc. | 0.00% | Reduce -37.5% | 847 | $14K |
| Signaturefd, LLC | 0.00% | Add +35.4% | 845 | $14K |
| Dakota Community Bank & Trust NA | 0.06% | No change | 741 | $13K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.01% | Add +61.0% | 734 | $13K |
| Versant Capital Management, Inc | 0.00% | Add +0.1% | 726 | $12K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -92.0% | 694 | $12K |
| CENTRAL TRUST Co | 0.00% | No change | 690 | $12K |
| IFP Advisors, Inc | 0.00% | Add +29.4% | 440 | $11K |
| Brooklyn Investment Group | 0.00% | Reduce -6.7% | 474 | $8K |
| UMB Bank, n.a. | 0.00% | Add +232.3% | 442 | $7K |
| Assetmark, Inc. | 0.00% | Add +14.5% | 387 | $7K |
| Parkside Financial Bank & Trust | 0.00% | Add +1036.4% | 375 | $6K |
| Hemington Wealth Management | 0.00% | Add +11.9% | 386 | $6K |
| Natixis | 0.00% | Reduce -99.9% | 344 | $6K |
| TD Private Client Wealth LLC | 0.00% | No change | 336 | $6K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 333 | $6K |
| Front Row Advisors LLC | 0.00% | No change | 300 | $5K |
| JNBA Financial Advisors | 0.00% | New | 300 | $5K |
| WASHINGTON TRUST Co | 0.00% | No change | 298 | $5K |
| Smithfield Trust Co | 0.00% | No change | 295 | $5K |
| Stone House Investment Management, LLC | 0.00% | New | 292 | $5K |
| Bell Investment Advisors, Inc | 0.00% | Reduce -10.3% | 287 | $5K |
| Rossby Financial, LCC | 0.00% | New | 275 | $5K |
| Archer Investment Corp | 0.00% | No change | 270 | $5K |
| Copia Wealth Management | 0.00% | No change | 260 | $4K |
| Fortitude Family Office, LLC | 0.00% | No change | 212 | $4K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 208 | $4K |
| Caldwell Sutter Capital, Inc. | 0.00% | Reduce -88.1% | 200 | $3K |
| Ameritas Investment Partners, Inc. | 0.00% | Add +0.5% | 190 | $3K |
| Group One Trading LLC | 0.00% | New | 182 | $3K |
| Manchester Capital Management LLC | 0.00% | Add +4.9% | 172 | $3K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 142 | $2K |
| SBI Securities Co., Ltd. | 0.00% | Add +7.8% | 139 | $2K |
| True Wealth Design, LLC | 0.00% | New | 136 | $2K |
| Bare Financial Services, Inc | 0.00% | New | 121 | $2K |
| Private Wealth Management Group, LLC | 0.00% | No change | 119 | $2K |
| PrairieView Partners, LLC | 0.00% | No change | 175 | $2K |
| Mather Group, Llc. | 0.00% | New | 114 | $2K |
| Peoples Bank | 0.00% | No change | 112 | $2K |
| Hexagon Capital Partners LLC | 0.00% | No change | 105 | $2K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.00% | No change | 100 | $2K |
| Private Trust Co. NA | 0.00% | New | 100 | $2K |
| Smartleaf Asset Management LLC | 0.00% | No change | 93 | $2K |
| LRI Investments, LLC | 0.00% | No change | 88 | $1K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 87 | $1K |
| Atticus Wealth Management, LLC | 0.00% | No change | 80 | $1K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 79 | $1K |
| Gen-Wealth Partners Inc | 0.00% | Reduce -58.8% | 77 | $1K |
| Arax Advisory Partners | 0.00% | Reduce -95.8% | 67 | $1K |
| Synergy Investment Management, LLC | 0.00% | No change | 63 | $1K |
| Red Tortoise LLC | 0.00% | No change | 62 | $1K |
| Picton Mahoney Asset Management | 0.00% | No change | 44 | $1K |
| CX Institutional | 0.00% | New | 66 | $1K |
| First Horizon Advisors, Inc. | 0.00% | No change | 43 | $729 |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 43 | $728 |
| Prestige Wealth Management Group LLC | 0.00% | No change | 42 | $716 |
| Raffa Wealth Management, LLC | 0.00% | No change | 34 | $575 |
| SJS Investment Consulting Inc. | 0.00% | No change | 33 | $559 |
| WPG Advisers, LLC | 0.00% | No change | 32 | $541 |
| Binnacle Investments Inc | 0.00% | — | 27 | $457 |
| Global Financial Private Client, LLC | 0.00% | Add +125.0% | 27 | $457 |
| SouthState Bank Corp | 0.00% | New | 20 | $339 |
| Rothschild Investment LLC | 0.00% | New | 15 | $254 |
| Thompson Investment Management, Inc. | 0.00% | No change | 14 | $234 |
| Abound Wealth Management | 0.00% | Reduce -62.5% | 12 | $203 |
| Creekmur Asset Management LLC | 0.00% | Reduce -99.2% | 9 | $144 |
| Clearstead Advisors, LLC | 0.00% | New | 8 | $136 |
| Parkworth Wealth Management, Inc. | 0.00% | No change | 7 | $118 |
| WealthTrak Capital Management LLC | 0.00% | New | 5 | $85 |
| HFM Investment Advisors, LLC | 0.00% | — | 5 | $85 |
| Bay Harbor Wealth Management, LLC | 0.00% | New | 4 | $68 |
| Rise Advisors, LLC | 0.00% | Reduce -99.7% | 2 | $26 |
"% of holder's portfolio" is MDU's weight in each manager's 13F, not the share of Mdu Resources Group Inc. the manager owns.