Mdu Resources GroupMDU

13F holders, Q1 2026 (March 31)
422holders +6
47new positions
40sold out
8famous investors
$20.73avg. 13F price*

At the end of Q1 2026, 422 institutions reported holding Mdu Resources Group Inc. (MDU) in their 13F filings, up 6 from Q4 2025. 47 opened new positions and 40 sold out. The largest holders were BlackRock, Inc. ($532.8M), Barrow Hanley Mewhinney & Strauss LLC ($285.1M) and Vanguard Portfolio Management LLC ($259.6M). 8 famous investors held it, including Mario Gabelli (0.0% of GAMCO Investors's portfolio), Joel Greenblatt (0.0% of Gotham Asset Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Mdu Resources Group Inc.
CUSIP
552690109
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400500 Q1 2024: 392Q1 2024Q2 2024: 385Q2 2024Q3 2024: 403Q3 2024Q4 2024: 399Q4 2024Q1 2025: 402Q1 2025Q2 2025: 406Q2 2025Q3 2025: 406Q3 2025Q4 2025: 416Q4 2025Q1 2026: 422Q1 2026Q2 2026: 438Q2 2026

Total Exit/New Position Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions47$93.3M
Exits40$66.9M

All 13F filers, Q4 2025 → Q1 2026: 16,241,614 shares bought and 14,834,580 shares sold, net +1,407,034 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 422 holders

BlackRock, Inc. 0.01% Reduce -2.0% 25,712,048 $532.8M
Barrow Hanley Mewhinney & Strauss LLC 0.93% Add +6.7% 13,760,167 $285.1M
Vanguard Portfolio Management LLC 0.01% — 12,526,974 $259.6M
Dimensional Fund Advisors LP 0.04% Add +2.5% 10,285,747 $213.1M
Earnest Partners LLC 0.84% Reduce -0.7% 9,881,880 $204.8M
Vanguard Capital Management LLC 0.00% — 9,147,886 $189.5M
State Street Corp. 0.01% Reduce -1.8% 6,990,274 $145.8M
Bank of America Corp. 0.01% Add +1.6% 6,202,460 $128.5M
Sei Investments Co. 0.10% Reduce -1.2% 5,261,426 $109.0M
Morgan Stanley 0.01% Add +5.2% 4,221,525 $87.5M
River Road Asset Management, LLC 0.96% Reduce -13.4% 4,077,251 $84.5M
Westwood Holdings Group Inc. 0.54% Add +102.1% 3,542,046 $73.4M
Geode Capital Management, LLC 0.00% Add +2.2% 3,491,440 $72.4M
Nomura Asset Management International Inc. 0.09% Reduce -13.6% 2,596,001 $53.8M
Vaughan Nelson Investment Management, L.P. 0.53% New 2,531,705 $52.5M
Frontier Capital Management Co. LLC 0.53% Reduce -4.2% 2,506,549 $51.9M
Bank of New York Mellon Corp 0.01% Reduce -3.2% 2,363,835 $49.0M
Charles Schwab Investment Management Inc. 0.01% Add +2.6% 2,264,562 $46.9M
T. Rowe Price Investment Management, Inc. 0.03% Reduce -6.2% 2,158,544 $44.7M
Invesco Ltd. 0.00% Reduce -3.2% 1,881,002 $39.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.05% Add +12.0% 1,801,678 $37.3M
UBS Group AG 0.01% Add +9.2% 1,707,254 $35.4M
Natixis Advisors, LLC 0.05% Add +50.2% 1,691,938 $35.1M
US Bancorp \de 0.04% Reduce -0.4% 1,691,882 $35.1M
Deroy & Devereaux Private Investment Counsel Inc. 1.56% Reduce -0.1% 1,553,740 $32.2M
HITE Hedge Asset Management LLC 1.82% Add +124.6% 1,550,000 $32.1M
Northern Trust Corp. 0.00% Add +2.9% 1,533,393 $31.8M
Allspring Global Investments Holdings, LLC 0.05% Reduce -7.6% 1,480,630 $31.1M
First Trust Advisors LP 0.02% Reduce -66.6% 1,481,593 $30.7M
Bragg Financial Advisors, Inc 0.95% Add +1.0% 1,451,854 $30.1M
New York State Common Retirement Fund 0.04% Reduce -0.7% 1,398,717 $29.0M
Jones Financial Companies LLLP 0.01% Add +582.9% 1,381,030 $28.5M
Perpetual Ltd 0.42% Add +17.7% 1,327,882 $27.5M
Vanguard Fiduciary Trust Co. 0.01% — 1,268,614 $26.3M
Neuberger Berman Group LLC 0.02% Add +3.1% 1,226,667 $25.5M
Goldman Sachs Group Inc. 0.00% Add +85.9% 1,103,332 $22.9M
Citadel Advisors 0.02% Reduce -35.8% 1,094,809 $22.7M
Managed Asset Portfolios, LLC 2.58% Reduce -2.8% 1,037,406 $21.5M
Principal Financial Group Inc. 0.01% Add +2.0% 990,325 $20.5M
Renaissance Technologies 0.03% Add +197.0% 929,844 $19.3M
Massachusetts Financial Services Co. 0.01% Reduce -5.0% 853,787 $17.7M
Wells Fargo & Company 0.00% Add +3.3% 845,685 $17.5M
Legal & General Group Plc 0.00% Reduce -6.8% 815,281 $16.9M
HRT Financial LP 0.04% Add +131.8% 735,990 $15.2M
Public Sector Pension Investment Board 0.05% Add +3.4% 731,197 $15.2M
Quantinno Capital Management LP 0.02% Add +27.2% 652,550 $13.5M
Loomis Sayles & Co. L P 0.02% Reduce -3.5% 651,621 $13.5M
Victory Capital Management Inc. 0.01% Add +3.3% 639,617 $13.3M
Franklin Resources Inc. 0.00% Add +5437.9% 590,225 $12.2M
Needham Investment Management LLC 0.59% Add +2.9% 557,500 $11.6M
JPMorgan Chase & Co. 0.00% Add +3.6% 558,834 $11.5M
Yaupon Capital Management LP 0.56% Reduce -54.3% 548,025 $11.4M
Envestnet Asset Management Inc. 0.00% Add +10.9% 526,783 $10.9M
Gotham Asset Management 0.03% Reduce -2.3% 503,877 $10.4M
Adage Capital Partners Gp, L.L.C. 0.02% Reduce -58.3% 500,000 $10.4M
Rhumbline Advisers 0.01% Reduce -0.3% 487,070 $10.1M
Two Sigma Investments, LP 0.01% Add +142.4% 482,576 $10.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -1.2% 474,701 $9.8M
Raymond James Financial Inc. 0.00% Reduce -2.7% 472,593 $9.8M
D. E. Shaw & Co. 0.01% Add +2698.3% 470,588 $9.8M
California Public Employees Retirement System 0.01% Reduce -2.0% 419,052 $8.7M
Gabelli Funds LLC 0.06% Reduce -5.2% 395,726 $8.2M
Deutsche Bank AG 0.00% Add +7.5% 391,304 $8.1M
Swiss National Bank 0.00% Add +0.4% 384,190 $8.0M
Man Group plc 0.02% Add +72.8% 378,425 $7.8M
John G Ullman & Associates Inc. 1.03% Reduce -3.3% 376,640 $7.8M
Ameriprise Financial Inc. 0.00% Reduce -15.2% 375,736 $7.8M
Commonwealth of Pennsylvania Public School Empls Retrmt SYS 0.04% Reduce -5.5% 363,102 $7.5M
Hudson Value Partners, LLC 2.17% Add +2.8% 350,713 $7.3M
Millennium Management 0.01% Reduce -5.5% 333,965 $6.9M
State Board of Administration of Florida Retirement System 0.01% No change 319,670 $6.6M
American Century Companies Inc. 0.00% Add +75.8% 319,611 $6.6M
M&T Bank Corp 0.02% Reduce -0.5% 315,717 $6.5M
Nuveen, LLC 0.00% Add +5.2% 312,272 $6.5M
Creative Planning 0.00% Add +3.4% 301,011 $6.2M
Burkehill Global Management, LP 0.33% No change 300,000 $6.2M
Verition Fund Management LLC 0.06% Add +213.2% 300,000 $6.2M
Fifth Third Bancorp 0.01% Add +388.8% 289,470 $6.0M
Russell Investments Group, Ltd. 0.01% Reduce -26.4% 288,491 $6.0M
Bessemer Group Inc. 0.01% Add +47.0% 285,186 $5.9M
Balyasny Asset Management L.P. 0.01% New 284,992 $5.9M
Arrowstreet Capital, Limited Partnership 0.00% New 280,708 $5.8M
Advisors Asset Management, Inc. 0.10% Add +9.0% 278,403 $5.8M
Captrust Financial Advisors 0.01% Add +0.8% 274,957 $5.7M
Angeles Investment Advisors, LLC 0.34% No change 245,414 $5.1M
Aventail Capital Group, LP 0.24% New 242,895 $5.0M
California State Teachers Retirement System 0.01% Add +21.9% 235,773 $4.9M
New York State Teachers Retirement System 0.01% Reduce -9.6% 215,835 $4.5M
Public Employees Retirement System of Ohio 0.01% Add +52.6% 200,471 $4.2M
Covalis Capital LLP 0.26% Reduce -60.0% 200,000 $4.1M
T. Rowe Price Associates Inc. 0.00% Add +13.3% 186,650 $3.9M
GAMCO Investors 0.04% Reduce -0.8% 186,421 $3.9M
Prudential Financial Inc. 0.00% Reduce -1.8% 186,099 $3.9M
Campbell & CO Investment Adviser LLC 0.21% Add +109.1% 181,507 $3.8M
Stifel Financial Corp. 0.00% Add +12.3% 180,312 $3.7M
Hennessy Advisors Inc. 0.13% No change 179,707 $3.7M
CANADA LIFE ASSURANCE Co 0.01% Reduce -4.1% 171,827 $3.6M
Squarepoint Ops LLC 0.01% New 170,054 $3.5M
LPL Financial LLC 0.00% Add +8.6% 170,021 $3.5M
Baird Financial Group, Inc. 0.01% Reduce -46.3% 167,919 $3.5M
Financial Engines Advisors L.L.C. 0.01% Add +236.3% 164,167 $3.4M
Phocas Financial Corp. 0.53% Reduce -22.0% 163,936 $3.4M
AQR Capital Management 0.00% Reduce -71.5% 161,902 $3.3M
Barclays PLC 0.00% Reduce -57.7% 155,232 $3.2M
Oppenheimer Asset Management Inc. 0.04% Reduce -3.8% 151,989 $3.1M
FMR LLC 0.00% Reduce -65.7% 149,241 $3.1M
Vanguard Investments Australia, Ltd. 0.01% — 148,671 $3.1M
VANGUARD ASSET MANAGEMENT, Ltd 0.00% — 147,873 $3.1M
Riverwater Partners LLC 1.02% Add +48.2% 147,111 $3.0M
Bleakley Financial Group, LLC 0.05% Add +34.8% 146,419 $3.0M
Commonwealth Equity Services, LLC 0.00% Reduce -9.5% 143,463 $3.0M
Capital Fund Management S.A. 0.03% Add +35.4% 142,797 $3.0M
GW&K Investment Management, LLC 0.03% Reduce -4.0% 141,515 $2.9M
Thrivent Financial for Lutherans 0.01% Reduce -82.9% 136,419 $2.8M
Cetera Investment Advisers 0.00% Add +39.9% 134,877 $2.8M
Brevan Howard Capital Management LP 0.03% Add +114.7% 132,788 $2.8M
First Manhattan Co. Llc. 0.01% Reduce -1.3% 122,858 $2.6M
Bokf, NA 0.04% Reduce -14.0% 116,439 $2.4M
Sciencast Management LP 0.30% New 112,350 $2.3M
State of New Jersey Common Pension Fund D 0.01% Add +5.1% 111,058 $2.3M
Voya Investment Management LLC 0.00% Reduce -2.6% 107,785 $2.2M
State of Alaska, Department of Revenue 0.02% Reduce -2.9% 107,264 $2.2M
Citigroup Inc. 0.00% Reduce -23.0% 107,119 $2.2M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +45.0% 107,075 $2.2M
Exchange Traded Concepts, LLC 0.02% Reduce -64.0% 105,911 $2.2M
Atom Investors LP 0.16% Add +699.7% 105,403 $2.2M
Illinois Municipal Retirement Fund 0.03% Reduce -14.3% 102,228 $2.1M
VIRGINIA RETIREMENT SYSTEMS ET Al 0.02% Reduce -28.9% 100,801 $2.1M
Polymer Capital Management (US) LLC 0.31% New 100,000 $2.1M
Washington Trust Bank 0.15% No change 99,619 $2.1M
Trexquant Investment LP 0.01% New 99,393 $2.1M
State of Wisconsin Investment Board 0.00% Reduce -24.7% 95,823 $2.0M
Janus Henderson Group PLC 0.00% Add +15.2% 93,228 $1.9M
Louisiana State Employees Retirement System 0.03% Reduce -3.2% 90,600 $1.9M
Catalyst Capital Advisors LLC 0.03% No change 89,410 $1.9M
Police & Firemen's Retirement System of New Jersey 0.02% Add +2.1% 88,188 $1.8M
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -1.4% 87,501 $1.8M
Register Financial Advisors LLC 0.67% Add +1.8% 87,361 $1.8M
Treasurer of the State of North Carolina 0.01% Add +2.2% 86,808 $1.8M
Osaic Holdings, Inc. 0.00% Add +4.1% 85,652 $1.8M
Intech Investment Management LLC 0.02% New 84,094 $1.7M
Susquehanna International Group, LLP 0.00% Add +489.3% 80,838 $1.7M
Vanguard Global Advisers, LLC 0.00% — 80,309 $1.7M
Van Eck Associates Corp. 0.00% Add +4.6% 79,429 $1.6M
Summit Trail Advisors, LLC 0.02% Add +78.3% 78,102 $1.6M
NewEdge Advisors, LLC 0.01% Reduce -0.2% 77,998 $1.6M
D.A. Davidson & Co. 0.01% Add +0.9% 77,537 $1.6M
Royal Bank of Canada 0.00% Reduce -15.8% 77,492 $1.6M
HighTower Advisors, LLC 0.00% Add +7.2% 75,880 $1.6M
Seven Grand Managers, LLC 0.10% Reduce -50.0% 75,000 $1.6M
Alliancebernstein L.P. 0.00% Reduce -74.4% 76,918 $1.5M
Macquarie Group Ltd. 0.01% Reduce -37.6% 72,439 $1.5M
Miller Howard Investments Inc. 0.04% Add +7.6% 72,373 $1.5M
Private Advisor Group, LLC 0.01% Add +0.9% 70,442 $1.5M
Guggenheim Capital LLC 0.01% Add +3.8% 68,832 $1.4M
Dakota Wealth Management 0.03% Reduce -1.1% 67,576 $1.4M
Aquatic Capital Management LLC 0.04% Reduce -45.2% 66,221 $1.4M
Wellington Management Group LLP 0.00% New 64,798 $1.3M
Amalgamated Bank 0.01% Add +0.9% 64,236 $1.3M
Cerity Partners LLC 0.00% Reduce -62.3% 61,054 $1.3M
Cladis Investment Advisory, LLC 0.69% Reduce -12.6% 60,215 $1.2M
Yousif Capital Management, LLC 0.01% Reduce -0.5% 56,615 $1.2M
Moors & Cabot, Inc. 0.05% Reduce -2.6% 55,399 $1.1M
Mackenzie Financial Corp. 0.00% New 54,220 $1.1M
Corient Private Wealth LP 0.00% Add +24.4% 54,286 $1.1M
Arizona State Retirement System 0.01% Reduce -1.7% 53,332 $1.1M
Bridgewater Associates 0.00% New 52,626 $1.1M
Clark Financial Services Group Inc. 0.60% No change 52,269 $1.1M
Teachers Retirement System of the State of Kentucky 0.01% No change 51,208 $1.1M
WINTON GROUP Ltd 0.04% Add +93.9% 50,262 $1.0M
Nisa Investment Advisors, LLC 0.00% Add +0.2% 49,619 $1.0M
SG Americas Securities, LLC 0.00% Reduce -14.9% 48,535 $1.0M
Atria Investments, Inc 0.01% Reduce -29.6% 47,244 $979K
Oregon Public Employees Retirement Fund 0.01% Reduce -0.2% 46,685 $967K
Gsa Capital Partners LLP 0.06% New 46,345 $960K
State of Tennessee, Department of Treasury 0.00% No change 45,661 $946K
Manufacturers Life Insurance Company, The 0.00% Add +15.6% 45,180 $936K
Montgomery Investment Management Inc. 0.31% No change 43,578 $903K
Bank of Montreal 0.00% Add +5.5% 42,438 $879K
Maryland State Retirement & Pension System 0.02% No change 41,415 $858K
&partners 0.00% Add +78.3% 40,317 $835K
Pictet Asset Management Holding SA 0.00% Add +7.1% 37,862 $785K
Brown Brothers Harriman & Co. 0.00% Reduce -16.6% 36,398 $754K
PNC Financial Services Group, Inc. 0.00% Add +0.9% 35,693 $740K
DRW Securities, LLC 0.04% New 35,376 $733K
Westport Asset Management Inc. 0.32% No change 35,000 $725K
Angeles Wealth Management, LLC 0.04% Add +0.8% 34,549 $721K
Odyssean, LLC 0.26% Add +226.1% 34,614 $717K
Quantbot Technologies LP 0.03% New 33,839 $701K
First National Bank of Omaha 0.02% No change 31,600 $651K
Advisory Services Network, LLC 0.01% New 30,956 $641K
Focus Partners Advisor Solutions, LLC 0.01% Reduce -9.0% 30,119 $624K
Regal Investment Advisors LLC 0.04% Add +36.8% 29,812 $618K
Mercer Global Advisors Inc. 0.00% Add +33.2% 29,294 $607K
Blue Trust, Inc. 0.01% Add +11.3% 29,060 $602K
Vanguard Personalized Indexing Management, LLC 0.01% Add +11.1% 28,120 $583K
Marshall Wace, LLP 0.00% New 28,000 $580K
Sanctuary Advisors, LLC 0.00% Reduce -35.5% 27,964 $579K
Hancock Whitney Corp. 0.01% Reduce -6.1% 25,586 $576K
Brady Martz Wealth Solutions, LLC 0.10% Add +0.1% 27,535 $571K
Clear Creek Financial Management, LLC 0.04% No change 27,346 $567K
Arkadios Wealth Advisors 0.01% Add +1.7% 27,316 $566K
Sequoia Financial Advisors, LLC 0.00% Add +12.2% 27,128 $562K
Jacobs Levy Equity Management, Inc. 0.00% Reduce -91.4% 26,874 $557K
Wealth Enhancement Advisory Services, LLC 0.00% Add +0.4% 25,992 $554K
Cohen Capital Management, Inc. 0.08% No change 26,324 $545K
Beacon Pointe Advisors, LLC 0.00% New 25,762 $534K
Robeco Institutional Asset Management B.V. 0.00% No change 25,002 $518K
Inspire Investing, LLC 0.03% Reduce -28.1% 24,998 $518K
First PREMIER Bank 0.12% Reduce -2.2% 24,535 $509K
SeaCrest Wealth Management, LLC 0.05% Add +3.9% 24,217 $502K
Centiva Capital, LP 0.02% New 24,201 $501K
Mutual of America Capital Management LLC 0.01% Add +0.1% 23,390 $485K
BNP Paribas Financial Markets 0.00% Add +75.2% 22,866 $474K
AlphaGrep UK Ltd 0.14% New 22,367 $463K
Allied Investment Advisors, LLC 0.07% No change 22,304 $462K
Ingalls & Snyder LLC 0.02% No change 22,280 $462K
Public Employees Retirement Association of Colorado 0.00% No change 21,699 $450K
Sagewood Asset Management LP 0.14% Reduce -5.3% 21,613 $448K
O'shaughnessy Asset Management, LLC 0.00% Add +61.2% 21,576 $447K
Cwm, LLC 0.00% Add +16.9% 20,843 $432K
Forza Wealth Management, LLC 0.15% No change 20,485 $424K
Cascade Investment Group, Inc. 0.27% No change 20,000 $414K
CIBC Asset Management Inc 0.00% Add +0.8% 19,197 $398K
United Capital Financial Advisors, LLC 0.00% New 18,798 $389K
Lighthouse Investment Partners, LLC 0.01% New 18,537 $384K
Praxis Investment Management Inc. 0.02% No change 18,225 $378K
OneAscent Financial Services LLC 0.02% Add +3.6% 18,016 $373K
Tower Research Capital LLC (TRC) 0.01% Add +512.9% 18,001 $373K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% Add +8.0% 17,898 $371K
Palisade Asset Management, LLC 0.04% Add +1.2% 17,704 $367K
Tidal Investments LLC 0.00% Add +8.8% 17,674 $366K
Lanark Financial, Inc. 0.03% Reduce -0.3% 16,768 $347K
Huntington National Bank 0.00% No change 16,512 $342K
Apollon Wealth Management, LLC 0.01% Add +8.3% 16,482 $342K
Savant Capital, LLC 0.00% Add +33.3% 16,117 $334K
Beverly Hills Private Wealth, LLC 0.06% New 15,748 $326K
Leuthold Group, LLC 0.03% Reduce -2.9% 15,503 $321K
Ashton Thomas Private Wealth, LLC 0.01% Add +8.6% 15,282 $317K
Coldstream Capital Management Inc. 0.00% Add +0.1% 15,060 $312K
DMKC Advisory Services, LLC 0.13% No change 15,048 $312K
Choreo, LLC 0.00% Add +11.8% 14,800 $310K
Jump Financial, LLC 0.01% Reduce -8.9% 14,806 $307K
Glenmede Trust Co. NA 0.00% Add +0.1% 14,797 $307K
Xponance LLC 0.00% Add +46.2% 14,636 $303K
Janney Montgomery Scott LLC 0.00% Add +3.1% 14,633 $303K
IFM Investors Pty Ltd 0.00% No change 14,600 $303K
Crestwood Advisors Group, LLC 0.01% Add +16.0% 14,447 $299K
Precedent Wealth Partners, LLC 0.06% No change 14,175 $294K
Moody Aldrich Partners LLC 0.05% Reduce -2.2% 14,084 $292K
Ausdal Financial Partners, Inc. 0.01% New 13,707 $284K
Quadrant Capital Group LLC 0.01% Add +0.6% 12,931 $268K
Swiss Life Asset Management Ltd 0.00% New 12,880 $267K
Smith, Moore & Co. 0.02% No change 12,855 $266K
Ensign Peak Advisors, Inc 0.00% No change 12,732 $264K
Crossmark Global Holdings, Inc. 0.00% Reduce -1.0% 12,282 $254K
Lido Advisors, LLC 0.00% New 12,122 $252K
ZWJ Investment Counsel Inc. 0.01% New 12,123 $251K
First Citizens Bank & Trust Co. 0.01% No change 11,845 $245K
Steward Partners Investment Advisory, LLC 0.00% No change 11,723 $243K
Truist Financial Corp. 0.00% Add +11.8% 11,375 $236K
Nicolet Bankshares Inc. 0.01% New 11,120 $234K
Ancora Advisors LLC 0.01% Reduce -95.9% 11,242 $233K
Pathstone Holdings, LLC 0.00% Add +0.6% 11,161 $232K
Cascade Investment Advisors, Inc. 0.14% Reduce -88.8% 11,130 $231K
Utah Retirement Systems 0.00% No change 11,100 $230K
ExodusPoint Capital Management, LP 0.00% New 10,981 $228K
Elgethun Capital Management 0.04% Add +0.4% 10,974 $227K
DNB Asset Management AS 0.00% New 10,671 $221K
Park Avenue Securities LLC 0.00% Add +1.6% 10,648 $221K
Xcelsior Advisor Partners LLC 0.08% New 10,656 $221K
Farther Finance Advisors, LLC 0.00% Add +9.3% 10,219 $215K
Independent Advisor Alliance 0.00% Add +0.9% 10,362 $215K
Kestra Advisory Services, LLC 0.00% Reduce -3.1% 10,272 $214K
Wilmington Savings Fund Society, FSB 0.01% No change 10,318 $214K
HB Wealth Management, LLC 0.00% New 10,317 $214K
Evergreen Capital Management LLC 0.00% New 10,009 $208K
HORAN Wealth, LLC 0.02% No change 10,000 $207K
MSH Capital Advisors LLC 0.04% Reduce -33.5% 9,823 $204K
Hilltop National Bank 0.05% Add +5.2% 9,603 $199K
AdvisorNet Financial, Inc 0.01% Reduce -8.3% 9,083 $188K
Bravera Wealth 0.08% Add +7.4% 8,730 $181K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +50.1% 7,172 $149K
Sterling Capital Management LLC 0.00% Reduce -43.3% 6,803 $141K
KBC Group NV 0.00% No change 6,601 $137K
Tompkins Financial Corp. 0.01% No change 6,457 $134K
Bartlett & Co. Wealth Management LLC 0.00% Add +0.1% 5,507 $124K
Ballast Advisors LLC 0.04% New 5,841 $121K
Anchor Investment Management, LLC 0.01% No change 5,600 $116K
Hills Bank & Trust Co 0.01% Reduce -5.4% 5,407 $112K
Physician Wealth Advisors, Inc. 0.01% Add +2.9% 4,863 $101K
STRS Ohio 0.00% Reduce -0.1% 4,850 $100K
Hantz Financial Services, Inc. 0.00% Add +19.5% 4,537 $94K
Northwestern Mutual Wealth Management Co. 0.00% Add +5.6% 3,939 $82K
Parallel Advisors, LLC 0.00% Add +69.3% 3,871 $80K
City Holding Co. 0.01% Reduce -6.1% 3,850 $80K
CoreCap Advisors, LLC 0.00% Add +5.5% 3,754 $78K
HM Payson & Co. 0.00% No change 3,700 $77K
MetLife Investment Management, LLC 0.00% Add +0.1% 3,324 $69K
EverSource Wealth Advisors, LLC 0.00% Add +5.1% 3,268 $68K
Signaturefd, LLC 0.00% Add +31.2% 3,093 $64K
Johnson Financial Group, Inc. 0.00% No change 3,037 $63K
GAMMA Investing LLC 0.00% Add +9.7% 3,014 $62K
Colonial Trust Co / SC 0.01% No change 3,000 $62K
Strategic Wealth Partners, Ltd. 0.00% Add +0.7% 2,787 $58K
Global Assets Advisory, LLC 0.02% New 2,695 $56K
Quent Capital, LLC 0.00% Add +0.4% 2,438 $51K
Nomura Asset Management Co. Ltd. 0.00% No change 2,380 $49K
Rockefeller Capital Management L.P. 0.00% Add +6.2% 2,232 $46K
McMillan Office, Inc. 0.01% No change 2,025 $42K
Bank of New Hampshire 0.01% No change 2,020 $42K
Pinnacle Wealth Planning Services, Inc. 0.00% Add +64.3% 2,016 $42K
Bangor Savings Bank 0.00% Reduce -1.5% 2,016 $42K
Country Trust Bank 0.00% No change 1,950 $40K
Private Wealth Asset Management, LLC 0.00% No change 1,768 $37K
Arax Advisory Partners 0.00% Add +1.3% 1,747 $36K
Allworth Financial LP 0.00% Add +62.1% 1,734 $36K
HighMark Wealth Management LLC 0.01% No change 1,679 $35K
Salomon & Ludwin, LLC 0.00% Add +5.2% 1,623 $35K
Wellington Grp LLC 0.01% Reduce -46.8% 1,538 $32K
Owl Creek Wealth Partners LLC 0.01% — 1,349 $28K
GoalVest Advisory LLC 0.01% No change 1,324 $27K
Larson Financial Group LLC 0.00% Add +3.0% 1,267 $26K
Adirondack Trust Co. 0.01% No change 1,200 $25K
Bayban 0.02% Add +4.5% 1,162 $24K
Alerus Financial NA 0.00% No change 1,155 $24K
Sittner & Nelson, LLC 0.01% No change 1,141 $24K
Versant Capital Management, Inc 0.00% Add +22.2% 1,078 $22K
Caldwell Trust Co 0.00% No change 1,040 $22K
MAI Capital Management 0.00% Add +25.6% 1,015 $21K
Leo H. Evart, Inc. 0.02% — 1,012 $21K
Costello Asset Management, INC 0.01% Add +0.3% 923 $19K
Geneos Wealth Management Inc. 0.00% No change 915 $19K
Group One Trading LLC 0.00% Add +50.8% 905 $19K
Los Angeles Capital Management LLC 0.00% No change 900 $19K
Assetmark, Inc. 0.00% Add +78.3% 897 $19K
UMB Bank, n.a. 0.00% Add +3.0% 893 $19K
Parkside Financial Bank & Trust 0.00% Reduce -1.7% 866 $18K
City State Bank 0.00% No change 850 $18K
KERR FINANCIAL PLANNING Corp 0.01% No change 768 $17K
Pinnacle Bancorp, Inc. 0.00% No change 809 $17K
Root Financial Partners, LLC 0.00% Add +28.6% 783 $16K
Natixis 0.00% New 780 $16K
Crews Bank & Trust 0.00% Reduce -56.1% 777 $16K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 748 $16K
Dakota Community Bank & Trust NA 0.05% No change 741 $15K
Global Wealth Strategies & Associates 0.00% No change 690 $14K
Covestor Ltd 0.01% Reduce -16.9% 672 $14K
Wealth Enhancement Trust Services, Inc. 0.00% No change 600 $12K
TD Private Client Wealth LLC 0.00% No change 599 $12K
Bullock Wealth Management Group 0.00% Add +0.7% 441 $9K
Bare Financial Services, Inc 0.00% Add +17.4% 445 $9K
Rossby Financial, LCC 0.00% Add +51.3% 416 $9K
Atlantic Union Bankshares Corp 0.00% No change 400 $8K
Sound Income Strategies, LLC 0.00% Add +0.5% 391 $8K
FNY Investment Advisers, LLC 0.00% No change 400 $8K
Smartleaf Asset Management LLC 0.00% Reduce -26.0% 381 $8K
Federation des caisses Desjardins du Quebec 0.00% New 361 $7K
Twin Peaks Wealth Advisors, LLC 0.00% New 341 $7K
Fortitude Family Office, LLC 0.00% Add +46.8% 339 $7K
Harbour Investments, Inc. 0.00% Add +2727.3% 311 $6K
CVA Family Office, LLC 0.00% New 303 $6K
Front Row Advisors LLC 0.00% No change 300 $6K
Harbor Asset Planning, Inc. 0.01% No change 296 $6K
Corsicana & Co. 0.00% No change 361 $6K
Stone House Investment Management, LLC 0.00% No change 292 $6K
Smithfield Trust Co 0.00% No change 295 $6K
Keating Financial Advisory Services, Inc. 0.00% Add +92.3% 275 $6K
Archer Investment Corp 0.00% No change 270 $6K
Copia Wealth Management 0.00% No change 260 $5K
JFS Wealth Advisors, LLC 0.00% Add +6.6% 241 $5K
SJS Investment Consulting Inc. 0.00% Add +9.8% 213 $4K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% No change 208 $4K
Ameritas Investment Partners, Inc. 0.00% Add +0.5% 196 $4K
Quarry LP 0.00% New 177 $4K
Elevation Wealth Partners, LLC 0.00% Add +373.0% 175 $4K
Manchester Capital Management LLC 0.00% Reduce -4.7% 164 $3K
Lummis Asset Management, LP 0.00% No change 150 $3K
Wall Street Financial Group, Inc. 0.00% New 136 $3K
Private Wealth Management Group, LLC 0.00% No change 119 $2K
SBI Securities Co., Ltd. 0.00% No change 118 $2K
Bell Investment Advisors, Inc 0.00% No change 100 $2K
Private Trust Co. NA 0.00% No change 100 $2K
MidFirst Bank 0.00% New 100 $2K
Gen-Wealth Partners Inc 0.00% Add +28.6% 99 $2K
Park Place Capital Corp 0.00% No change 99 $2K
First Command Advisory Services, Inc. 0.00% No change 91 $2K
LRI Investments, LLC 0.00% No change 88 $2K
Farmers & Merchants Investments Inc. 0.00% No change 87 $2K
Basecamp Wealth Advisors LLC 0.00% No change 84 $2K
Mather Group, Llc. 0.00% New 83 $2K
Transamerica Financial Advisors, LLC 0.00% Add +32.3% 82 $2K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -58.9% 79 $2K
Bradley & Co. Private Wealth Management, LLC 0.00% No change 75 $2K
Prestige Wealth Management Group LLC 0.00% Add +59.5% 67 $1K
Synergy Investment Management, LLC 0.00% New 63 $1K
Red Tortoise LLC 0.00% No change 62 $1K
DecisionPoint Financial, LLC 0.00% No change 49 $1K
CX Institutional 0.00% No change 67 $1K
Caitong International Asset Management Co., Ltd 0.00% Reduce -94.4% 48 $995
DiNuzzo Private Wealth, Inc. 0.00% No change 45 $933
First Horizon Corp. 0.00% Add +193.3% 44 $912
Picton Mahoney Asset Management 0.00% No change 44 $912
Raffa Wealth Management, LLC 0.00% Add +20.6% 41 $850
Rothschild Investment LLC 0.00% Add +173.3% 41 $850
Bay Harbor Wealth Management, LLC 0.00% Add +116.7% 39 $812
Cromwell Holdings LLC 0.00% No change 35 $730
Asset Dedication, LLC 0.00% No change 33 $684
WPG Advisers, LLC 0.00% No change 32 $663
Kayne Anderson Rudnick Investment Management LLC 0.00% No change 30 $622
IFP Advisors, Inc 0.00% No change 29 $601
Ankerstar Wealth, LLC 0.00% Reduce -18.2% 27 $563
Gilpin Wealth Management, LLC 0.00% Add +53.3% 23 $477
Vermillion Wealth Management, Inc. 0.00% New 20 $414
Rialto Wealth Management, LLC 0.00% Reduce -16.7% 15 $311
GHP Investment Advisors, Inc. 0.00% Reduce -99.3% 15 $311
HFM Investment Advisors, LLC 0.00% Reduce -17.6% 14 $290
Abound Wealth Management 0.00% No change 12 $249
Dunhill Financial, LLC 0.00% Add +200.0% 12 $248
SouthState Bank Corp 0.00% No change 10 $208
Curio Wealth, LLC 0.00% New 8 $166
Highline Wealth Partners LLC 0.00% New 6 $124

"% of holder's portfolio" is MDU's weight in each manager's 13F, not the share of Mdu Resources Group Inc. the manager owns.