Mdu Resources GroupMDU
13F holders, Q2 2026 (June 30)At the end of Q2 2026, 438 institutions reported holding Mdu Resources Group Inc. (MDU) in their 13F filings, up 16 from Q1 2026. 60 opened new positions and 47 sold out. The largest holders were BlackRock, Inc. ($580.1M), Barrow Hanley Mewhinney & Strauss LLC ($276.9M) and Vanguard Portfolio Management LLC ($269.2M). 8 famous investors held it, including Joel Greenblatt (0.0% of Gotham Asset Management's portfolio), Mario Gabelli (0.0% of GAMCO Investors'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
Total Exit/New Position Q1 2026 → Q2 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 60 | $57.8M |
| Exits | 47 | $104.6M |
All 13F filers, Q1 2026 → Q2 2026: 12,904,307 shares bought and 13,035,247 shares sold, net −130,940 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 438 holders
| BlackRock, Inc. | 0.01% | Add +6.4% | 27,351,603 | $580.1M |
| Barrow Hanley Mewhinney & Strauss LLC | 0.84% | Reduce -5.1% | 13,056,724 | $276.9M |
| Vanguard Portfolio Management LLC | 0.01% | Add +1.3% | 12,692,333 | $269.2M |
| Dimensional Fund Advisors LP | 0.04% | Add +1.4% | 10,435,060 | $221.3M |
| Earnest Partners LLC | 0.74% | Reduce -1.6% | 9,726,856 | $206.3M |
| Vanguard Capital Management LLC | 0.00% | Add +2.9% | 9,416,562 | $199.7M |
| State Street Corp. | 0.00% | Add +5.5% | 7,376,161 | $157.4M |
| Bank of America Corp. | 0.01% | Reduce -1.8% | 6,089,546 | $129.2M |
| Sei Investments Co. | 0.10% | Reduce -0.6% | 5,228,758 | $110.9M |
| Morgan Stanley | 0.00% | Reduce -3.2% | 4,086,803 | $86.7M |
| Geode Capital Management, LLC | 0.00% | Add +1.8% | 3,553,438 | $75.4M |
| River Road Asset Management, LLC | 0.80% | Reduce -16.5% | 3,403,955 | $72.2M |
| Westwood Holdings Group Inc. | 0.52% | Reduce -9.0% | 3,221,909 | $68.3M |
| HITE Hedge Asset Management LLC | 3.65% | Add +102.4% | 3,137,305 | $66.5M |
| Norges Bank | 0.01% | — | 2,633,250 | $55.9M |
| T. Rowe Price Investment Management, Inc. | 0.04% | Add +20.1% | 2,592,793 | $55.0M |
| Bank of New York Mellon Corp | 0.01% | Reduce -1.4% | 2,330,719 | $49.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Reduce -1.3% | 2,236,356 | $47.4M |
| Invesco Ltd. | 0.00% | Add +8.9% | 2,047,618 | $43.4M |
| Frontier Capital Management Co. LLC | 0.39% | Reduce -20.7% | 1,987,666 | $42.2M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.05% | Add +8.5% | 1,954,573 | $41.5M |
| Citadel Advisors | 0.02% | Add +74.4% | 1,909,701 | $40.5M |
| US Bancorp \de | 0.04% | Reduce -0.1% | 1,690,277 | $35.9M |
| Northern Trust Corp. | 0.00% | Add +2.0% | 1,564,006 | $33.2M |
| Natixis Advisors, LLC | 0.04% | Reduce -8.5% | 1,548,165 | $32.8M |
| Jones Financial Companies LLLP | 0.01% | Add +7.9% | 1,490,186 | $32.6M |
| Deroy & Devereaux Private Investment Counsel Inc. | 1.35% | Reduce -2.7% | 1,512,207 | $32.1M |
| First Trust Advisors LP | 0.02% | Add +0.8% | 1,493,599 | $31.7M |
| Bragg Financial Advisors, Inc | 0.82% | Reduce -0.1% | 1,451,057 | $30.8M |
| New York State Common Retirement Fund | 0.04% | Add +0.4% | 1,404,875 | $29.8M |
| Perpetual Ltd | 0.41% | Add +3.1% | 1,369,442 | $29.0M |
| Vanguard Fiduciary Trust Co. | 0.01% | Add +4.7% | 1,328,342 | $28.2M |
| Allspring Global Investments Holdings, LLC | 0.04% | Reduce -17.5% | 1,221,323 | $25.3M |
| Goldman Sachs Group Inc. | 0.00% | Add +6.7% | 1,176,903 | $25.0M |
| Legal & General Group Plc | 0.00% | Add +35.2% | 1,102,193 | $23.4M |
| Neuberger Berman Group LLC | 0.02% | Reduce -12.3% | 1,076,135 | $22.8M |
| Managed Asset Portfolios, LLC | 2.52% | Add +0.3% | 1,040,108 | $22.1M |
| Principal Financial Group Inc. | 0.01% | Add +1.8% | 1,008,061 | $21.4M |
| UBS Group AG | 0.00% | Reduce -41.1% | 1,006,027 | $21.3M |
| Renaissance Technologies | 0.03% | Add +2.9% | 957,150 | $20.3M |
| Quantinno Capital Management LP | 0.02% | Add +40.1% | 914,521 | $19.4M |
| Two Sigma Investments, LP | 0.01% | Add +86.2% | 898,508 | $19.1M |
| Beck Bode, LLC | 2.79% | New | 868,285 | $18.4M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -5.0% | 811,297 | $17.2M |
| Wells Fargo & Company | 0.00% | Reduce -4.4% | 808,790 | $17.2M |
| Gotham Asset Management | 0.04% | Add +44.2% | 726,661 | $15.4M |
| Victory Capital Management Inc. | 0.01% | Add +12.3% | 718,511 | $15.2M |
| Public Sector Pension Investment Board | 0.04% | Reduce -1.8% | 718,062 | $15.2M |
| HRT Financial LP | 0.03% | Reduce -7.7% | 679,661 | $14.4M |
| Needham Investment Management LLC | 0.42% | Add +19.3% | 665,000 | $14.1M |
| Millennium Management | 0.01% | Add +87.1% | 624,798 | $13.3M |
| Franklin Resources Inc. | 0.00% | Add +4.3% | 615,554 | $13.1M |
| Loomis Sayles & Co. L P | 0.02% | Reduce -6.3% | 610,700 | $13.0M |
| Envestnet Asset Management Inc. | 0.00% | Add +3.0% | 542,449 | $11.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -1.4% | 467,864 | $9.9M |
| D. E. Shaw & Co. | 0.01% | Reduce -4.2% | 450,754 | $9.6M |
| American Century Companies Inc. | 0.00% | Add +40.3% | 448,270 | $9.5M |
| JPMorgan Chase & Co. | 0.00% | Reduce -23.1% | 429,672 | $9.4M |
| Raymond James Financial Inc. | 0.00% | Reduce -6.1% | 443,895 | $9.4M |
| California Public Employees Retirement System | 0.01% | Add +4.8% | 439,040 | $9.3M |
| Nomura Asset Management International Inc. | 0.01% | Reduce -84.0% | 416,554 | $8.8M |
| Deutsche Bank AG | 0.00% | Add +3.0% | 402,983 | $8.5M |
| Rhumbline Advisers | 0.01% | Reduce -17.9% | 399,964 | $8.5M |
| Exchange Traded Concepts, LLC | 0.04% | Add +276.3% | 398,550 | $8.5M |
| Swiss National Bank | 0.00% | Add +1.6% | 390,190 | $8.3M |
| Ameriprise Financial Inc. | 0.00% | Add +1.2% | 380,367 | $8.1M |
| John G Ullman & Associates Inc. | 0.92% | Reduce -4.7% | 358,848 | $7.6M |
| Gabelli Funds LLC | 0.05% | Reduce -12.0% | 348,258 | $7.4M |
| Hudson Value Partners, LLC | 1.85% | Reduce -0.8% | 348,073 | $7.4M |
| Advisors Asset Management, Inc. | 0.11% | Add +24.1% | 345,476 | $7.3M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.03% | Reduce -9.3% | 329,515 | $7.0M |
| Nuveen, LLC | 0.00% | Add +4.3% | 325,547 | $6.9M |
| Phocas Financial Corp. | 0.95% | Add +96.6% | 322,253 | $6.8M |
| Covalis Capital LLP | 0.39% | Add +60.1% | 320,176 | $6.8M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -3.3% | 309,092 | $6.6M |
| Creative Planning | 0.00% | Add +2.3% | 307,937 | $6.5M |
| Verition Fund Management LLC | 0.05% | No change | 300,000 | $6.4M |
| Man Group plc | 0.01% | Reduce -21.3% | 297,903 | $6.3M |
| Russell Investments Group, Ltd. | 0.01% | Add +0.7% | 290,591 | $6.2M |
| Public Employees Retirement Association of Colorado | 0.02% | Add +1219.9% | 286,399 | $6.1M |
| Bessemer Group Inc. | 0.01% | Add +0.1% | 285,436 | $6.1M |
| Captrust Financial Advisors | 0.01% | Add +1.5% | 279,197 | $5.9M |
| Fifth Third Bancorp | 0.01% | Reduce -8.0% | 266,185 | $5.6M |
| Angeles Investment Advisors, LLC | 0.31% | No change | 245,414 | $5.2M |
| AQR Capital Management | 0.00% | Add +45.3% | 235,208 | $5.0M |
| Magellan Asset Management Ltd | 0.11% | New | 231,541 | $4.9M |
| Capital Fund Management S.A. | 0.03% | Add +59.0% | 227,000 | $4.8M |
| California State Teachers Retirement System | 0.00% | Reduce -5.0% | 224,054 | $4.8M |
| Balyasny Asset Management L.P. | 0.01% | Reduce -21.4% | 224,010 | $4.8M |
| New York State Teachers Retirement System | 0.01% | Add +2.5% | 221,211 | $4.7M |
| LPL Financial LLC | 0.00% | Add +27.6% | 217,032 | $4.6M |
| T. Rowe Price Associates Inc. | 0.00% | Add +10.3% | 205,889 | $4.4M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -0.4% | 199,679 | $4.2M |
| Squarepoint Ops LLC | 0.01% | Add +16.2% | 197,571 | $4.2M |
| Oak Thistle LLC | 0.39% | New | 190,399 | $4.0M |
| Prudential Financial Inc. | 0.00% | Add +2.1% | 190,069 | $4.0M |
| Vennlight Capital Management, LP | 2.62% | New | 184,163 | $3.9M |
| Lighthouse Investment Partners, LLC | 0.12% | Add +875.0% | 180,730 | $3.8M |
| GAMCO Investors | 0.03% | Reduce -3.3% | 180,346 | $3.8M |
| Hennessy Advisors Inc. | 0.12% | No change | 179,707 | $3.8M |
| CANADA LIFE ASSURANCE Co | 0.01% | Reduce -2.7% | 167,237 | $3.5M |
| M&T Bank Corp | 0.01% | Reduce -47.2% | 166,723 | $3.5M |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.00% | Add +10.4% | 163,203 | $3.5M |
| Stifel Financial Corp. | 0.00% | Reduce -10.6% | 161,190 | $3.4M |
| Ilex Capital Partners (UK) LLP | 0.07% | New | 160,583 | $3.4M |
| Jump Financial, LLC | 0.03% | Add +963.2% | 157,421 | $3.3M |
| Vanguard Investments Australia, Ltd. | 0.01% | Add +5.5% | 156,848 | $3.3M |
| Barclays PLC | 0.00% | Reduce -1.8% | 152,516 | $3.2M |
| Riverwater Partners LLC | 0.96% | Add +3.2% | 151,810 | $3.2M |
| Oppenheimer Asset Management Inc. | 0.03% | Reduce -0.8% | 150,769 | $3.2M |
| Polymer Capital Management (US) LLC | 0.47% | Add +49.1% | 149,061 | $3.2M |
| Campbell & CO Investment Adviser LLC | 0.16% | Reduce -19.1% | 146,907 | $3.1M |
| Bleakley Financial Group, LLC | 0.04% | Reduce -0.3% | 146,058 | $3.1M |
| Commonwealth Equity Services, LLC | 0.00% | Reduce -0.4% | 142,875 | $3.0M |
| GW&K Investment Management, LLC | 0.02% | Reduce -1.0% | 140,118 | $3.0M |
| Thrivent Financial for Lutherans | 0.01% | Add +0.6% | 137,247 | $2.9M |
| Brevan Howard Capital Management LP | 0.04% | Add +0.3% | 133,234 | $2.8M |
| Macquarie Group Ltd. | 0.01% | Add +81.9% | 131,754 | $2.8M |
| Intech Investment Management LLC | 0.03% | Add +56.5% | 131,575 | $2.8M |
| Baird Financial Group, Inc. | 0.00% | Reduce -23.0% | 129,323 | $2.7M |
| Dark Forest Capital Management LP | 0.17% | New | 126,557 | $2.7M |
| First Manhattan Co. Llc. | 0.01% | Reduce -1.0% | 121,658 | $2.6M |
| Bokf, NA | 0.03% | Reduce -1.8% | 114,350 | $2.4M |
| Voya Investment Management LLC | 0.00% | Add +5.2% | 113,411 | $2.4M |
| Treasurer of the State of North Carolina | 0.01% | Add +30.6% | 113,369 | $2.4M |
| Cetera Investment Advisers | 0.00% | Reduce -20.6% | 107,106 | $2.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 107,075 | $2.3M |
| Illinois Municipal Retirement Fund | 0.03% | Add +4.3% | 106,570 | $2.3M |
| Financial Engines Advisors L.L.C. | 0.00% | Reduce -35.6% | 105,703 | $2.2M |
| ExodusPoint Capital Management, LP | 0.02% | Add +807.3% | 99,629 | $2.1M |
| Washington Trust Bank | 0.15% | No change | 99,619 | $2.1M |
| XTX Topco Ltd | 0.03% | New | 98,520 | $2.1M |
| Wellington Management Group LLP | 0.00% | Add +45.7% | 94,397 | $2.0M |
| Police & Firemen's Retirement System of New Jersey | 0.01% | Add +5.2% | 92,763 | $2.0M |
| Louisiana State Employees Retirement System | 0.03% | Add +1.1% | 91,600 | $1.9M |
| Catalyst Capital Advisors LLC | 0.03% | No change | 89,410 | $1.9M |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +0.3% | 87,722 | $1.9M |
| Register Financial Advisors LLC | 0.57% | Add +0.3% | 87,603 | $1.9M |
| Van Eck Associates Corp. | 0.00% | Add +9.6% | 87,018 | $1.8M |
| ING Groep NV | 0.01% | New | 86,000 | $1.8M |
| Osaic Holdings, Inc. | 0.00% | Reduce -4.2% | 82,021 | $1.7M |
| NewEdge Advisors, LLC | 0.01% | Add +4.7% | 81,638 | $1.7M |
| Jupiter Topco LLC | 0.00% | — | 81,428 | $1.7M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -27.1% | 80,921 | $1.7M |
| Bridgewater Associates | 0.01% | Add +53.3% | 80,657 | $1.7M |
| Vanguard Global Advisers, LLC | 0.00% | Reduce -2.7% | 78,136 | $1.7M |
| Royal Bank of Canada | 0.00% | Reduce -1.1% | 76,630 | $1.6M |
| Alliancebernstein L.P. | 0.00% | Add +1.8% | 78,303 | $1.6M |
| Cerity Partners LLC | 0.00% | Add +23.3% | 75,291 | $1.6M |
| State of Alaska, Department of Revenue | 0.02% | Reduce -29.9% | 75,204 | $1.6M |
| Miller Howard Investments Inc. | 0.04% | Add +3.7% | 75,038 | $1.6M |
| Private Advisor Group, LLC | 0.01% | Add +5.6% | 74,365 | $1.6M |
| HighTower Advisors, LLC | 0.00% | Reduce -4.2% | 72,723 | $1.5M |
| Summit Trail Advisors, LLC | 0.02% | Reduce -8.1% | 71,801 | $1.5M |
| Dakota Wealth Management | 0.03% | Add +0.9% | 68,159 | $1.5M |
| Atria Investments, Inc | 0.01% | Add +44.8% | 68,406 | $1.5M |
| Corient Private Wealth LP | 0.00% | Add +25.4% | 68,062 | $1.4M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -76.6% | 65,602 | $1.4M |
| Gsa Capital Partners LLP | 0.08% | Add +36.4% | 63,208 | $1.3M |
| Fox Run Management, L.L.C. | 0.22% | New | 62,761 | $1.3M |
| Trexquant Investment LP | 0.01% | Reduce -37.4% | 62,205 | $1.3M |
| Citigroup Inc. | 0.00% | Reduce -42.6% | 61,433 | $1.3M |
| Amalgamated Bank | 0.01% | Reduce -7.1% | 59,702 | $1.3M |
| D.A. Davidson & Co. | 0.01% | Reduce -23.1% | 59,608 | $1.3M |
| Magnetar Financial LLC | 0.01% | New | 58,854 | $1.2M |
| Manufacturers Life Insurance Company, The | 0.00% | Add +29.1% | 58,341 | $1.2M |
| State of Tennessee, Department of Treasury | 0.00% | Add +26.7% | 57,854 | $1.2M |
| Ethic Inc. | 0.01% | New | 55,612 | $1.2M |
| Yousif Capital Management, LLC | 0.01% | Reduce -2.4% | 55,248 | $1.2M |
| Moors & Cabot, Inc. | 0.05% | Reduce -1.1% | 54,807 | $1.2M |
| Boothbay Fund Management, LLC | 0.02% | New | 53,918 | $1.1M |
| Arizona State Retirement System | 0.01% | Add +0.6% | 53,660 | $1.1M |
| State of Wisconsin Investment Board | 0.00% | Reduce -44.6% | 53,054 | $1.1M |
| HSBC Holdings PLC | 0.00% | New | 52,461 | $1.1M |
| FMR LLC | 0.00% | Reduce -64.8% | 52,604 | $1.1M |
| Clark Financial Services Group Inc. | 0.52% | No change | 52,269 | $1.1M |
| Guggenheim Capital LLC | 0.01% | Reduce -24.6% | 51,892 | $1.1M |
| Friedenthal Financial | 0.50% | New | 51,385 | $1.1M |
| Teachers Retirement System of the State of Kentucky | 0.01% | No change | 51,208 | $1.1M |
| Aster Capital Management (DIFC) Ltd | 0.23% | New | 50,840 | $1.1M |
| Nisa Investment Advisors, LLC | 0.00% | Add +0.2% | 49,724 | $1.1M |
| Oregon Public Employees Retirement Fund | 0.01% | Add +1.7% | 47,485 | $1.0M |
| &partners | 0.00% | Add +13.7% | 45,830 | $973K |
| Bank of Montreal | 0.00% | Add +3.7% | 43,998 | $933K |
| Sanctuary Advisors, LLC | 0.00% | Add +54.1% | 43,102 | $914K |
| Dynamic Technology Lab Private Ltd | 0.20% | New | 43,008 | $912K |
| iSAM Funds (UK) Ltd | 0.64% | New | 42,900 | $910K |
| Montgomery Investment Management Inc. | 0.27% | Reduce -2.8% | 42,378 | $899K |
| Maryland State Retirement & Pension System | 0.02% | Add +1.8% | 42,144 | $894K |
| PNC Financial Services Group, Inc. | 0.00% | Add +4.7% | 37,369 | $793K |
| Cladis Investment Advisory, LLC | 0.36% | Reduce -39.0% | 36,730 | $779K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 36,398 | $772K |
| Westport Asset Management Inc. | 0.30% | No change | 35,000 | $742K |
| Angeles Wealth Management, LLC | 0.03% | No change | 34,549 | $738K |
| Odyssean, LLC | 0.12% | No change | 34,614 | $734K |
| SG Americas Securities, LLC | 0.00% | Reduce -30.1% | 33,904 | $719K |
| Entropy Technologies, LP | 0.03% | New | 32,147 | $682K |
| First National Bank of Omaha | 0.02% | No change | 31,600 | $678K |
| Inspire Investing, LLC | 0.03% | Add +27.5% | 31,864 | $676K |
| Graham Capital Management, L.P. | 0.03% | New | 31,856 | $676K |
| Pictet Asset Management Holding SA | 0.00% | Reduce -16.1% | 31,751 | $673K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +22.9% | 31,940 | $670K |
| Mercer Global Advisors Inc. | 0.00% | Add +6.0% | 31,048 | $659K |
| Advisory Services Network, LLC | 0.01% | Add +0.3% | 31,034 | $658K |
| Regal Investment Advisors LLC | 0.03% | Add +2.0% | 30,412 | $645K |
| WINTON GROUP Ltd | 0.02% | Reduce -41.5% | 29,430 | $624K |
| Focus Partners Advisor Solutions, LLC | 0.01% | Reduce -3.8% | 28,987 | $615K |
| Savant Capital, LLC | 0.00% | Add +79.8% | 28,977 | $608K |
| Brady Martz Wealth Solutions, LLC | 0.09% | Add +4.0% | 28,628 | $607K |
| Arkadios Wealth Advisors | 0.01% | Add +2.8% | 28,083 | $596K |
| Blue Trust, Inc. | 0.01% | Reduce -5.2% | 27,560 | $585K |
| Clear Creek Financial Management, LLC | 0.04% | Add +0.5% | 27,485 | $583K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +0.1% | 27,156 | $576K |
| Cohen Capital Management, Inc. | 0.08% | No change | 26,324 | $558K |
| Sagewood Asset Management LP | 0.13% | Add +20.8% | 26,102 | $554K |
| Mutual of America Capital Management LLC | 0.01% | Add +10.9% | 25,947 | $550K |
| CSM Advisors, LLC | 0.01% | New | 25,275 | $536K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | New | 24,634 | $522K |
| Robeco Institutional Asset Management B.V. | 0.00% | Reduce -2.0% | 24,490 | $519K |
| First PREMIER Bank | 0.08% | Reduce -0.5% | 24,402 | $518K |
| Centiva Capital, LP | 0.02% | Reduce -4.3% | 23,173 | $491K |
| Allied Investment Advisors, LLC | 0.06% | Add +0.9% | 22,501 | $477K |
| Merit Financial Group, LLC | 0.00% | New | 22,469 | $477K |
| Ingalls & Snyder LLC | 0.01% | Reduce -0.5% | 22,160 | $470K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Reduce -21.9% | 21,947 | $465K |
| Pathstone Holdings, LLC | 0.00% | Add +96.0% | 21,879 | $465K |
| Forza Wealth Management, LLC | 0.13% | No change | 20,485 | $434K |
| SeaCrest Wealth Management, LLC | 0.05% | Reduce -16.6% | 20,210 | $429K |
| Cascade Investment Group, Inc. | 0.24% | No change | 20,000 | $424K |
| CIBC Asset Management Inc | 0.00% | Add +0.7% | 19,323 | $410K |
| Praxis Investment Management Inc. | 0.02% | No change | 18,225 | $387K |
| OneAscent Financial Services LLC | 0.02% | Add +1.1% | 18,206 | $386K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Reduce -0.3% | 17,842 | $378K |
| Kestra Advisory Services, LLC | 0.00% | Add +73.6% | 17,834 | $378K |
| Palisade Asset Management, LLC | 0.03% | No change | 17,704 | $376K |
| Crestwood Advisors Group, LLC | 0.01% | Add +16.4% | 16,816 | $357K |
| Lanark Financial, Inc. | 0.02% | Reduce -0.6% | 16,660 | $353K |
| Apollon Wealth Management, LLC | 0.00% | Reduce -0.3% | 16,439 | $349K |
| Huntington National Bank | 0.00% | Reduce -1.9% | 16,202 | $344K |
| Glenmede Trust Co. NA | 0.00% | Add +5.9% | 15,665 | $332K |
| Leuthold Group, LLC | 0.03% | No change | 15,503 | $329K |
| Ashton Thomas Private Wealth, LLC | 0.01% | Add +0.8% | 15,404 | $327K |
| Coldstream Capital Management Inc. | 0.00% | Add +0.7% | 15,165 | $322K |
| DMKC Advisory Services, LLC | 0.06% | No change | 15,048 | $319K |
| Janney Montgomery Scott LLC | 0.00% | Add +0.6% | 14,723 | $312K |
| IFM Investors Pty Ltd | 0.00% | No change | 14,600 | $310K |
| Xponance LLC | 0.00% | Reduce -0.3% | 14,587 | $309K |
| Ausdal Financial Partners, Inc. | 0.01% | Add +4.4% | 14,312 | $304K |
| Moody Aldrich Partners LLC | 0.05% | Reduce -0.3% | 14,045 | $298K |
| 111 Capital | 0.05% | New | 13,811 | $293K |
| BNP Paribas Financial Markets | 0.00% | Reduce -40.9% | 13,511 | $287K |
| MQS Management LLC | 0.34% | New | 13,266 | $281K |
| Smith, Moore & Co. | 0.02% | No change | 12,855 | $273K |
| Xcelsior Advisor Partners LLC | 0.04% | Add +18.6% | 12,638 | $268K |
| Quadrant Capital Group LLC | 0.01% | Reduce -2.6% | 12,599 | $267K |
| Swiss Life Asset Management Ltd | 0.00% | Reduce -3.0% | 12,494 | $265K |
| Crossmark Global Holdings, Inc. | 0.00% | No change | 12,282 | $261K |
| ZWJ Investment Counsel Inc. | 0.01% | No change | 12,123 | $257K |
| Ensign Peak Advisors, Inc | 0.00% | Reduce -5.9% | 11,982 | $254K |
| HB Wealth Management, LLC | 0.00% | Add +16.1% | 11,976 | $254K |
| Mirabella Financial Services LLP | 0.03% | New | 11,967 | $254K |
| Tidal Investments LLC | 0.00% | Reduce -32.8% | 11,884 | $252K |
| Truist Financial Corp. | 0.00% | Add +3.2% | 11,734 | $249K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -0.4% | 11,680 | $248K |
| Bluespring Wealth Management, LLC | 0.00% | New | 11,599 | $246K |
| Fieldview Capital Management, LLC | 0.07% | New | 11,557 | $245K |
| Farther Finance Advisors, LLC | 0.00% | Add +12.1% | 11,457 | $243K |
| Storgate, LLC | 0.05% | New | 11,395 | $242K |
| Calton & Associates, Inc. | 0.04% | New | 11,259 | $239K |
| Syon Capital LLC | 0.01% | New | 11,118 | $236K |
| Utah Retirement Systems | 0.00% | No change | 11,100 | $235K |
| O'shaughnessy Asset Management, LLC | 0.00% | Reduce -48.7% | 11,065 | $235K |
| Allstate Corp. | 0.00% | New | 10,953 | $232K |
| Cascade Investment Advisors, Inc. | 0.13% | Reduce -1.8% | 10,930 | $232K |
| DNB Asset Management AS | 0.00% | No change | 10,671 | $226K |
| Independent Advisor Alliance | 0.01% | Add +0.1% | 10,375 | $220K |
| Park Avenue Securities LLC | 0.00% | Reduce -2.6% | 10,373 | $220K |
| Frec Markets, Inc. | 0.02% | New | 10,345 | $219K |
| Wilmington Savings Fund Society, FSB | 0.00% | No change | 10,318 | $219K |
| Elgethun Capital Management | 0.03% | Reduce -8.7% | 10,016 | $212K |
| Caitlin John, LLC | 0.12% | New | 9,997 | $212K |
| Evergreen Capital Management LLC | 0.00% | Reduce -1.5% | 9,862 | $210K |
| MSH Capital Advisors LLC | 0.04% | Add +0.2% | 9,840 | $209K |
| Koshinski Asset Management, Inc. | 0.01% | New | 9,640 | $204K |
| Marex Group Ltd | 0.00% | New | 9,617 | $204K |
| Hilltop National Bank | 0.04% | No change | 9,603 | $204K |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.00% | New | 9,415 | $201K |
| Ancora Advisors LLC | 0.00% | Reduce -19.0% | 9,111 | $193K |
| Bravera Wealth | 0.07% | Add +0.4% | 8,763 | $186K |
| AdvisorNet Financial, Inc | 0.01% | Reduce -18.7% | 7,383 | $157K |
| Quarry LP | 0.02% | Add +3734.5% | 6,787 | $144K |
| Bayforest Capital Ltd | 0.13% | New | 6,606 | $140K |
| KBC Group NV | 0.00% | No change | 6,601 | $140K |
| Rockefeller Capital Management L.P. | 0.00% | Add +193.8% | 6,557 | $139K |
| Tompkins Financial Corp. | 0.01% | No change | 6,457 | $137K |
| Sterling Capital Management LLC | 0.00% | Reduce -9.7% | 6,145 | $130K |
| Bartlett & Co. Wealth Management LLC | 0.00% | Add +0.1% | 5,515 | $117K |
| Arax Advisory Partners | 0.00% | Add +206.2% | 5,350 | $113K |
| Hantz Financial Services, Inc. | 0.00% | Add +6.9% | 4,852 | $103K |
| Hills Bank & Trust Co | 0.00% | Reduce -10.9% | 4,817 | $102K |
| Physician Wealth Advisors, Inc. | 0.01% | Reduce -1.0% | 4,816 | $102K |
| GAMMA Investing LLC | 0.00% | Add +53.2% | 4,617 | $98K |
| STRS Ohio | 0.00% | Reduce -11.2% | 4,306 | $91K |
| Parallel Advisors, LLC | 0.00% | Add +1.0% | 3,909 | $83K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -3.3% | 3,810 | $81K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Reduce -48.1% | 3,722 | $79K |
| CoreCap Advisors, LLC | 0.00% | Reduce -0.9% | 3,720 | $79K |
| HM Payson & Co. | 0.00% | No change | 3,700 | $78K |
| Concord Wealth Partners | 0.01% | New | 3,389 | $72K |
| MetLife Investment Management, LLC | 0.00% | Add +0.3% | 3,333 | $71K |
| Johnson Financial Group, Inc. | 0.00% | No change | 3,037 | $65K |
| City Holding Co. | 0.01% | Reduce -22.1% | 3,000 | $64K |
| Strategic Wealth Partners, Ltd. | 0.00% | Add +0.7% | 2,806 | $60K |
| Signaturefd, LLC | 0.00% | Reduce -14.6% | 2,641 | $56K |
| Anchor Investment Management, LLC | 0.00% | Reduce -53.6% | 2,600 | $55K |
| Global Retirement Partners, LLC | 0.00% | — | 2,595 | $55K |
| Quent Capital, LLC | 0.00% | No change | 2,438 | $52K |
| TD Private Client Wealth LLC | 0.00% | Add +303.3% | 2,416 | $51K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -30.8% | 2,263 | $48K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | Add +8.4% | 2,186 | $46K |
| McMillan Office, Inc. | 0.00% | No change | 2,025 | $43K |
| Allworth Financial LP | 0.00% | Add +15.8% | 2,008 | $43K |
| Country Trust Bank | 0.00% | No change | 1,950 | $41K |
| Salomon & Ludwin, LLC | 0.00% | Add +22.2% | 1,983 | $41K |
| Trust Co. of Vermont | 0.00% | — | 1,855 | $39K |
| Bangor Savings Bank | 0.00% | Reduce -10.2% | 1,810 | $38K |
| Private Wealth Asset Management, LLC | 0.00% | No change | 1,768 | $37K |
| HighMark Wealth Management LLC | 0.01% | No change | 1,679 | $36K |
| Larson Financial Group LLC | 0.00% | Add +17.9% | 1,494 | $32K |
| Bank of New Hampshire | 0.01% | Reduce -29.7% | 1,420 | $30K |
| Owl Creek Wealth Partners LLC | 0.01% | No change | 1,349 | $29K |
| GoalVest Advisory LLC | 0.01% | No change | 1,324 | $28K |
| Assetmark, Inc. | 0.00% | Add +34.6% | 1,207 | $26K |
| Adirondack Trust Co. | 0.01% | No change | 1,200 | $25K |
| Bayban | 0.02% | No change | 1,162 | $25K |
| Alerus Financial NA | 0.00% | No change | 1,155 | $24K |
| Sittner & Nelson, LLC | 0.01% | No change | 1,141 | $24K |
| Toth Financial Advisory Corp. | 0.00% | New | 1,125 | $24K |
| Versant Capital Management, Inc | 0.00% | No change | 1,078 | $23K |
| Trust Co. of Toledo NA | 0.00% | New | 1,049 | $22K |
| Caldwell Trust Co | 0.00% | No change | 1,040 | $22K |
| Leo H. Evart, Inc. | 0.02% | No change | 1,012 | $21K |
| First Bancorp, Inc | 0.01% | New | 1,000 | $21K |
| UMB Bank, n.a. | 0.00% | Add +9.2% | 975 | $21K |
| Retirement Wealth Solutions LLC | 0.01% | New | 935 | $20K |
| Geneos Wealth Management Inc. | 0.00% | No change | 915 | $19K |
| Los Angeles Capital Management LLC | 0.00% | No change | 900 | $19K |
| Parkside Financial Bank & Trust | 0.00% | No change | 866 | $18K |
| City State Bank | 0.00% | No change | 850 | $18K |
| Nomura Asset Management Co. Ltd. | 0.00% | Reduce -64.7% | 840 | $18K |
| Bare Financial Services, Inc | 0.00% | Add +87.0% | 832 | $18K |
| Pinnacle Bancorp, Inc. | 0.00% | No change | 809 | $17K |
| MCF Advisors LLC | 0.00% | New | 789 | $17K |
| Crews Bank & Trust | 0.00% | No change | 777 | $16K |
| KERR FINANCIAL PLANNING Corp | 0.02% | No change | 768 | $16K |
| Costello Asset Management, INC | 0.00% | Reduce -19.6% | 742 | $16K |
| Dakota Community Bank & Trust NA | 0.05% | No change | 741 | $16K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -96.1% | 696 | $15K |
| SJS Investment Consulting Inc. | 0.00% | Add +183.1% | 603 | $13K |
| Wealth Enhancement Trust Services, Inc. | 0.00% | No change | 600 | $13K |
| Caitong International Asset Management Co., Ltd | 0.00% | Add +1150.0% | 600 | $13K |
| Bullock Wealth Management Group | 0.00% | Add +0.5% | 443 | $9K |
| Elevation Wealth Partners, LLC | 0.00% | Add +131.4% | 405 | $9K |
| Harbour Investments, Inc. | 0.00% | Add +29.3% | 402 | $9K |
| JFS Wealth Advisors, LLC | 0.00% | Add +64.3% | 396 | $8K |
| Rossby Financial, LCC | 0.00% | Reduce -5.0% | 395 | $8K |
| Smartleaf Asset Management LLC | 0.00% | No change | 381 | $8K |
| FNY Investment Advisers, LLC | 0.00% | No change | 400 | $8K |
| Corsicana & Co. | 0.00% | No change | 361 | $8K |
| Fortitude Family Office, LLC | 0.00% | Reduce -0.9% | 336 | $7K |
| CVA Family Office, LLC | 0.00% | Add +5.9% | 321 | $7K |
| IMA Advisory Services, Inc. | 0.00% | New | 300 | $6K |
| Harbor Asset Planning, Inc. | 0.00% | No change | 296 | $6K |
| Stone House Investment Management, LLC | 0.00% | No change | 292 | $6K |
| Essential Partners LLC | 0.00% | New | 287 | $6K |
| Covestor Ltd | 0.00% | Reduce -61.5% | 259 | $6K |
| Smithfield Trust Co | 0.00% | No change | 295 | $6K |
| Keating Financial Advisory Services, Inc. | 0.00% | Add +1.4% | 279 | $6K |
| Archer Investment Corp | 0.00% | No change | 270 | $6K |
| Copia Wealth Management | 0.00% | No change | 260 | $6K |
| Optiver Holding B.V. | 0.00% | New | 218 | $5K |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | No change | 208 | $4K |
| Ameritas Investment Partners, Inc. | 0.00% | Add +1.0% | 198 | $4K |
| High Note Wealth, LLC | 0.00% | New | 186 | $4K |
| Fiduciary Financial Advisors | 0.00% | New | 185 | $4K |
| Manchester Capital Management LLC | 0.00% | No change | 164 | $3K |
| Lummis Asset Management, LP | 0.00% | No change | 150 | $3K |
| Private Wealth Management Group, LLC | 0.00% | No change | 119 | $3K |
| Rothschild Investment LLC | 0.00% | Add +180.5% | 115 | $2K |
| SBI Securities Co., Ltd. | 0.00% | Reduce -8.5% | 108 | $2K |
| Clearstead Advisors, LLC | 0.00% | New | 105 | $2K |
| Prestige Wealth Management Group LLC | 0.00% | Add +53.7% | 103 | $2K |
| Transamerica Financial Advisors, LLC | 0.00% | Add +24.4% | 102 | $2K |
| LRI Investments, LLC | 0.00% | Add +14.8% | 101 | $2K |
| True Wealth Design, LLC | 0.00% | New | 100 | $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% | No change | 100 | $2K |
| Gen-Wealth Partners Inc | 0.00% | No change | 99 | $2K |
| Park Place Capital Corp | 0.00% | No change | 99 | $2K |
| First Command Advisory Services, Inc. | 0.00% | No change | 91 | $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% | No change | 83 | $2K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 79 | $2K |
| Bradley & Co. Private Wealth Management, LLC | 0.00% | No change | 75 | $2K |
| Silver Grove Financial Group, Inc. | 0.00% | New | 68 | $1K |
| Creative Capital Management Investments LLC | 0.00% | New | 68 | $1K |
| International Assets Investment Management, LLC | 0.00% | New | 67 | $1K |
| Synergy Investment Management, LLC | 0.00% | No change | 63 | $1K |
| DecisionPoint Financial, LLC | 0.00% | Add +12.2% | 55 | $1K |
| CX Institutional | 0.00% | No change | 67 | $1K |
| DiNuzzo Private Wealth, Inc. | 0.00% | No change | 45 | $955 |
| Bay Harbor Wealth Management, LLC | 0.00% | Add +2.6% | 40 | $854 |
| Montgomery Financial Services LLC | 0.00% | — | 40 | $848 |
| Raffa Wealth Management, LLC | 0.00% | Reduce -4.9% | 39 | $827 |
| Cromwell Holdings LLC | 0.00% | No change | 35 | $747 |
| Plante Moran Financial Advisors, LLC | 0.00% | New | 33 | $700 |
| Asset Dedication, LLC | 0.00% | No change | 33 | $700 |
| WPG Advisers, LLC | 0.00% | No change | 32 | $679 |
| Gilpin Wealth Management, LLC | 0.00% | Add +30.4% | 30 | $637 |
| JPL Wealth Management, LLC | 0.00% | New | 30 | $637 |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | No change | 30 | $636 |
| HFM Investment Advisors, LLC | 0.00% | Add +107.1% | 29 | $616 |
| IFP Advisors, Inc | 0.00% | No change | 29 | $615 |
| Ankerstar Wealth, LLC | 0.00% | No change | 27 | $576 |
| Rialto Wealth Management, LLC | 0.00% | Add +60.0% | 24 | $510 |
| GHP Investment Advisors, Inc. | 0.00% | No change | 15 | $319 |
| First Horizon Corp. | 0.00% | Reduce -65.9% | 15 | $318 |
| Dunhill Financial, LLC | 0.00% | No change | 12 | $254 |
| Davis Capital Management | 0.00% | New | 11 | $233 |
| SouthState Bank Corp | 0.00% | No change | 10 | $213 |
| SHP Wealth Management | 0.00% | New | 8 | $170 |
| Sachetta, LLC | 0.00% | New | 8 | $152 |
| Abound Wealth Management | 0.00% | Reduce -41.7% | 7 | $149 |
| Maryland Capital Advisors Inc. | 0.00% | — | 2 | $43 |
| Evolution Advisers, Inc. | 0.00% | New | 10 | $0 |
| Navigoe, LLC | 0.00% | New | 16 | $0 |
"% of holder's portfolio" is MDU's weight in each manager's 13F, not the share of Mdu Resources Group Inc. the manager owns.