| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 11% | $360,830,022 | 22,997,452 | The Vanguard Group | 31 Dec 2024 |
As of 30 Sep 2025, 402 institutional investors reported holding 165,991,288 shares of MDU RESOURCES GROUP INC - Common Stock (MDU). This represents 81% of the company’s total 204,059,024 outstanding shares.
The largest institutional shareholders of MDU RESOURCES GROUP INC - Common Stock (MDU) together control 60% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 13% | 25,785,693 | +3.1% | 0.01% | $459,243,185 |
| VANGUARD GROUP INC | 11% | 23,257,468 | -0.18% | 0.01% | $414,215,505 |
| DIMENSIONAL FUND ADVISORS LP | 4.8% | 9,764,097 | +3.6% | 0.04% | $173,897,555 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 4.5% | 9,128,208 | +4% | 0.52% | $162,573,384 |
| STATE STREET CORP | 3.4% | 6,840,360 | +4.5% | 0% | $122,756,940 |
| River Road Asset Management, LLC | 2.6% | 5,289,982 | +250% | 1.1% | $94,214,579 |
| Corvex Management LP | 2% | 4,183,151 | 0% | 2.7% | $74,501,919 |
| MORGAN STANLEY | 1.8% | 3,659,171 | +2.3% | 0% | $65,169,888 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.7% | 3,393,773 | -0.97% | 0% | $60,460,878 |
| MACQUARIE GROUP LTD | 1.6% | 3,218,809 | -4.3% | 0.07% | $57,327,037 |
| FRONTIER CAPITAL MANAGEMENT CO LLC | 1.5% | 2,991,976 | +7.2% | 0.48% | $53,287,093 |
| Bank of New York Mellon Corp | 1.3% | 2,592,343 | +35% | 0.01% | $46,169,635 |
| T. Rowe Price Investment Management, Inc. | 1.2% | 2,509,193 | +236% | 0.03% | $44,689,000 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.97% | 1,987,365 | -19% | 0.01% | $35,394,971 |
| Invesco Ltd. | 0.97% | 1,971,502 | -16% | 0.01% | $35,112,451 |
| Allspring Global Investments Holdings, LLC | 0.96% | 1,961,873 | -11% | 0.06% | $34,489,727 |
| US BANCORP \DE\ | 0.83% | 1,702,820 | -0.64% | 0.04% | $30,327,224 |
| NORTHERN TRUST CORP | 0.78% | 1,584,328 | +5.2% | 0% | $28,216,881 |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC | 0.77% | 1,577,477 | +0.76% | 1.4% | $28,095,000 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.77% | 1,568,787 | +2.3% | 0.04% | $27,939,995 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.69% | 1,411,170 | -8.2% | 0.08% | $25,132,938 |
| Bragg Financial Advisors, Inc | 0.64% | 1,309,973 | +0.59% | 0.77% | $23,330,620 |
| EARNEST PARTNERS LLC | 0.63% | 1,278,059 | 0.1% | $22,762,231 | |
| GOLDMAN SACHS GROUP INC | 0.62% | 1,265,263 | +156% | 0% | $22,534,340 |
| AMERICAN CENTURY COMPANIES INC | 0.62% | 1,261,942 | -51% | 0.01% | $22,475,187 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 5,029,711 | $98,838,540 | +$18,140,021 | $19.52 | 58 |
| 2025 Q3 | 165,991,288 | $2,956,777,404 | +$79,923,945 | $17.81 | 402 |
| 2025 Q2 | 162,117,933 | $2,704,883,733 | -$19,511,859 | $16.67 | 404 |
| 2025 Q1 | 163,744,536 | $2,769,428,080 | +$4,532,285 | $16.91 | 400 |
| 2024 Q4 | 163,192,293 | $2,941,788,918 | +$161,188,972 | $18.02 | 394 |
| 2024 Q3 | 150,041,438 | $4,115,090,062 | -$54,060,569 | $27.41 | 397 |
| 2024 Q2 | 152,301,792 | $3,823,638,038 | +$88,809,182 | $25.10 | 383 |
| 2024 Q1 | 147,217,807 | $3,714,315,750 | +$86,995,045 | $25.20 | 388 |
| 2023 Q4 | 1,437,633 | $28,465,135 | -$3,927,834 | $19.80 | 3 |
| 2023 Q3 | 141,424,549 | $2,769,828,208 | -$75,740,008 | $19.58 | 369 |
| 2023 Q2 | 144,440,380 | $3,027,904,389 | -$65,503,509 | $20.94 | 372 |
| 2023 Q1 | 144,422,000 | $4,405,425,077 | -$21,366,088 | $30.48 | 406 |
| 2022 Q4 | 145,327,680 | $4,412,872,140 | -$14,824,185 | $30.34 | 395 |
| 2022 Q3 | 145,077,225 | $3,972,000,784 | +$45,656,492 | $27.35 | 360 |
| 2022 Q2 | 143,869,330 | $3,886,138,564 | +$154,651,608 | $26.99 | 378 |
| 2022 Q1 | 138,951,900 | $3,706,540,133 | -$103,586,173 | $26.65 | 397 |
| 2021 Q4 | 142,262,789 | $4,389,799,731 | +$39,077,642 | $30.84 | 391 |
| 2021 Q3 | 141,370,925 | $4,198,132,048 | +$42,446,582 | $29.67 | 388 |
| 2021 Q2 | 140,022,897 | $4,390,624,468 | +$25,648,567 | $31.34 | 389 |
| 2021 Q1 | 138,018,430 | $4,363,940,374 | +$71,352,381 | $31.61 | 393 |
| 2020 Q4 | 138,354,931 | $3,646,377,771 | -$41,737,364 | $26.34 | 366 |
| 2020 Q3 | 140,280,872 | $3,158,635,949 | +$66,421,490 | $22.50 | 339 |
| 2020 Q2 | 138,329,485 | $3,069,777,183 | -$24,837,236 | $22.18 | 323 |
| 2020 Q1 | 139,562,819 | $3,003,054,713 | +$29,916,075 | $21.50 | 337 |
| 2019 Q4 | 136,160,473 | $4,047,851,609 | -$35,674,253 | $29.71 | 368 |
| 2019 Q3 | 138,885,214 | $3,918,280,000 | +$30,848,823 | $28.19 | 332 |
| 2019 Q2 | 137,491,517 | $3,550,041,768 | +$180,694,009 | $25.80 | 336 |
| 2019 Q1 | 133,826,419 | $3,460,291,281 | +$53,977,128 | $25.83 | 347 |
| 2018 Q4 | 131,775,295 | $3,143,543,283 | +$60,130,908 | $23.84 | 344 |
| 2018 Q3 | 127,442,325 | $3,274,981,607 | +$64,232,726 | $25.69 | 346 |
| 2018 Q2 | 127,479,270 | $3,656,173,454 | +$45,093,176 | $28.68 | 342 |
| 2018 Q1 | 127,667,245 | $3,594,477,973 | +$82,353,415 | $28.16 | 324 |
| 2017 Q4 | 124,753,094 | $3,353,165,430 | -$31,713,524 | $26.88 | 321 |
| 2017 Q3 | 125,785,798 | $3,264,538,363 | +$24,792,841 | $25.95 | 301 |
| 2017 Q2 | 125,019,800 | $3,275,470,034 | -$20,061,325 | $26.20 | 312 |
| 2017 Q1 | 124,500,361 | $3,395,719,379 | +$414,809,813 | $27.37 | 303 |
| 2016 Q4 | 126,497,308 | $3,638,866,156 | -$10,926,533 | $28.77 | 329 |
| 2016 Q3 | 125,783,330 | $3,197,835,300 | +$78,744,772 | $25.44 | 299 |
| 2016 Q2 | 123,641,650 | $2,967,168,144 | +$22,458,577 | $24.00 | 301 |
| 2016 Q1 | 120,903,863 | $2,352,524,648 | +$13,100,648 | $19.46 | 276 |
| 2015 Q4 | 120,504,082 | $2,207,599,682 | -$10,867,896 | $18.32 | 278 |
| 2015 Q3 | 121,418,780 | $2,083,036,210 | -$4,856,287 | $17.20 | 301 |
| 2015 Q2 | 118,873,393 | $2,321,609,868 | +$46,945,500 | $19.53 | 304 |
| 2015 Q1 | 115,220,102 | $2,459,876,508 | +$3,492,029 | $21.34 | 304 |
| 2014 Q4 | 116,565,782 | $2,738,576,363 | +$43,642,479 | $23.50 | 315 |
| 2014 Q3 | 112,986,458 | $3,142,101,755 | +$16,745,908 | $27.81 | 332 |
| 2014 Q2 | 112,969,624 | $3,964,053,283 | +$93,802,212 | $35.10 | 370 |
| 2014 Q1 | 111,073,333 | $3,810,879,914 | +$112,054,499 | $34.31 | 353 |