MDU
MDU Resources Group, Inc. · Utilities · Regulated Gas
Momentum inputs (comparable managers):
holder breadth -3.7% ·
share flow +0.4% ·
net new positions -2.9%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2026
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 105 | -4 | 120.40M | $2.56B | +3 | −6 |
| Q1 2026 | 111 | 0 | 117.59M | $2.44B | +8 | −9 |
| Q4 2025 | 112 | -1 | 137.27M | $2.68B | +2 | −2 |
| Q3 2025 | 19 | +1 | 71.41M | $1.27B | +1 | −1 |
| Q2 2025 | 16 | 0 | 67.12M | $1.12B | +1 | −1 |
| Q1 2025 | 13 | +3 | 17.76M | $300.87M | +3 | — |
| Q4 2024 | 10 | -3 | 15.30M | $276.61M | — | −3 |
| Q3 2024 | 12 | +1 | 10.11M | $277.19M | +2 | −1 |
| Q2 2024 | 11 | — | 9.22M | $231.48M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 12 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 27.35M | +6.4% | $580.13M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 15 | Dimensional Fund Advisors Lp | 10.44M | +1.4% | $221.33M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 16 | Dimensional Fund Advisors Lp | 10.44M | +1.4% | $221.33M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 17 | Dimensional Fund Advisors Lp | 10.44M | +1.4% | $221.33M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 18 | Dimensional Fund Advisors Lp | 10.44M | +1.4% | $221.33M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 19 | Dimensional Fund Advisors Lp | 10.44M | +1.4% | $221.33M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 20 | Vanguard Capital Management Llc | 9.42M | +2.9% | $199.73M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 21 | State Street Global Advisors ✦ (passive) | 7.38M | +5.5% | $157.44M | 0.0% | ▲ Add | 7 | SEC ↗ |
| 22 | Bank Of America Corp /De/ | 6.09M | -1.8% | $129.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 23 | Bank Of America Corp /De/ | 6.09M | -1.8% | $129.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 24 | Bank Of America Corp /De/ | 6.09M | -1.8% | $129.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 25 | Bank Of America Corp /De/ | 6.09M | -1.8% | $129.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 26 | Bank Of America Corp /De/ | 6.09M | -1.8% | $129.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 27 | Sei Investments Co | 5.23M | -0.6% | $110.90M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 28 | Sei Investments Co | 5.23M | -0.6% | $110.90M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 29 | Sei Investments Co | 5.23M | -0.6% | $110.90M | 0.1% | ▼ Trim | 3 | SEC ↗ |
| 30 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 31 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 32 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 33 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 34 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 35 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 36 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 37 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 38 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 39 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 40 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 41 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 42 | Morgan Stanley ✦ | 4.09M | -3.2% | $86.68M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 43 | Geode Capital Management ✦ (passive) | 3.55M | +1.8% | $75.40M | 0.0% | ▲ Add | 9 | SEC ↗ |
| 44 | Geode Capital Management ✦ (passive) | 3.55M | +1.8% | $75.40M | 0.0% | ▲ Add | 9 | SEC ↗ |
| 45 | Norges Bank ✦ (passive) | 2.63M | New | $55.85M | 0.0% | New | 1 | SEC ↗ |
| 46 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 47 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 48 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 49 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 50 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 51 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 52 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 53 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 54 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 55 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 56 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 57 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 58 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 59 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 60 | Bank of New York Mellon Corp | 2.33M | -1.4% | $49.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 61 | Charles Schwab Investment… | 2.24M | -1.2% | $47.43M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 62 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 63 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 64 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 65 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 66 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 67 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 68 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 69 | Invesco Ltd. | 2.05M | +8.9% | $43.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 70 | MIRAE ASSET GLOBAL ETFS HOLDINGS… | 1.95M | +8.5% | $41.46M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 71 | MIRAE ASSET GLOBAL ETFS HOLDINGS… | 1.95M | +8.5% | $41.46M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 72 | Citadel Advisors ✦ | 1.91M | +74.4% | $40.50M | 0.0% | ▲ Add | 8 | SEC ↗ |
| 73 | Citadel Advisors ✦ | 1.91M | +74.4% | $40.50M | 0.0% | ▲ Add | 8 | SEC ↗ |
| 74 | Us Bancorp \De\ | 1.69M | -0.1% | $35.85M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 75 | Us Bancorp \De\ | 1.69M | -0.1% | $35.85M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 76 | Northern Trust Corp | 1.56M | +2.0% | $33.17M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 77 | Northern Trust Corp | 1.56M | +2.0% | $33.17M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 78 | Northern Trust Corp | 1.56M | +2.0% | $33.17M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 79 | Northern Trust Corp | 1.56M | +2.0% | $33.17M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 80 | Northern Trust Corp | 1.56M | +2.0% | $33.17M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 81 | Jones Financial Companies Lllp | 1.49M | +7.9% | $32.60M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 82 | Jones Financial Companies Lllp | 1.49M | +7.9% | $32.60M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 83 | First Trust Advisors Lp | 1.49M | +0.8% | $31.68M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 84 | First Trust Advisors Lp | 1.49M | +0.8% | $31.68M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 85 | New York State Common Retirement… | 1.40M | +0.4% | $29.80M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 86 | Allspring Global Investments… | 1.22M | -17.5% | $25.29M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 87 | Allspring Global Investments… | 1.22M | -17.5% | $25.29M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 88 | Goldman Sachs Group ✦ | 1.18M | +6.7% | $24.96M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 89 | Goldman Sachs Group ✦ | 1.18M | +6.7% | $24.96M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 90 | Goldman Sachs Group ✦ | 1.18M | +6.7% | $24.96M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 91 | Goldman Sachs Group ✦ | 1.18M | +6.7% | $24.96M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 92 | Legal & General Group Plc | 1.10M | +35.2% | $23.38M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 93 | Legal & General Group Plc | 1.10M | +35.2% | $23.38M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 94 | Legal & General Group Plc | 1.10M | +35.2% | $23.38M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 95 | Neuberger Berman Group LLC | 1.08M | -12.3% | $22.82M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 96 | Neuberger Berman Group LLC | 1.08M | -12.3% | $22.82M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 97 | Principal Financial Group Inc | 1.01M | +1.8% | $21.38M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 98 | Principal Financial Group Inc | 1.01M | +1.8% | $21.38M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 99 | UBS Group AG | 1.01M | -41.1% | $21.34M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 100 | UBS Group AG | 1.01M | -41.1% | $21.34M | 0.0% | ▼ Trim | 3 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Norges Bank | $55.85M | 0.0% |
Exited
| Adage Capital Partners | $10.36M | was 0.0% |
| Susquehanna International… | $1.67M | was 0.0% |
| Mackenzie Financial Corp | $1.12M | was 0.0% |
| Marshall Wace | $580,160 | was 0.0% |
| Lido Advisors, LLC | $252,346 | was 0.0% |
| Group One Trading Llc | $18,752 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 415 holders, 190.89M shares, $3.79B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.