MDU RESOURCES GROUP INC - Common Stock (MDU) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
MDU on NYSE
Shares outstanding
214,558,153
Price per share
$19.52
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
153,655,392
Total reported value
$3,001,038,210
% of total 13F portfolios
0%
Share change
+23,483,248
Value change
+$463,486,108
Number of holders
319
Price from insider filings
$19.52
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of MDU RESOURCES GROUP INC - Common Stock (MDU) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 11% $395,096,225 22,997,452 The Vanguard Group 31 Dec 2024
BARROW HANLEY MEWHINNEY & STRAUSS LLC 6% $251,709,326 12,894,945 BARROW HANLEY MEWHINNEY & STRAUSS LLC 31 Dec 2025

As of 31 Dec 2025, 319 institutional investors reported holding 153,655,392 shares of MDU RESOURCES GROUP INC - Common Stock (MDU). This represents 72% of the company’s total 214,558,153 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of MDU RESOURCES GROUP INC - Common Stock (MDU) together control 61% 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. 12% 26,226,381 +1.7% 0.01% $511,938,957
VANGUARD GROUP INC 11% 23,828,483 +2.5% 0.01% $465,131,987
BARROW HANLEY MEWHINNEY & STRAUSS LLC 6% 12,894,945 +41% 0.84% $251,709,326
DIMENSIONAL FUND ADVISORS LP 4.7% 10,031,797 +2.7% 0.04% $195,823,975
EARNEST PARTNERS LLC 4.6% 9,946,196 +678% 0.83% $194,149,746
STATE STREET CORP 3.3% 7,121,385 +4.1% 0% $139,990,530
SEI INVESTMENTS CO 2.5% 5,323,908 +413% 0.1% $103,922,688
FIRST TRUST ADVISORS LP 2.1% 4,436,521 +2443% 0.06% $86,600,889
MORGAN STANLEY 1.9% 4,012,339 +9.7% 0% $78,320,907
GEODE CAPITAL MANAGEMENT, LLC 1.6% 3,415,233 +0.63% 0% $66,686,741
NORGES BANK 1.4% 3,054,154 0.01% $59,617,086
Bank of New York Mellon Corp 1.1% 2,441,941 -5.8% 0.01% $47,666,691
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1% 2,207,523 +11% 0.01% $43,090,849
US BANCORP \DE\ 0.79% 1,698,283 -0.27% 0.04% $33,150,486
Allspring Global Investments Holdings, LLC 0.75% 1,602,242 -18% 0.05% $31,836,548
UBS Group AG 0.73% 1,563,466 +60% 0.01% $30,518,857
DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.73% 1,555,852 -1.4% 1.5% $30,370,000
Bragg Financial Advisors, Inc 0.67% 1,437,711 +9.8% 0.91% $28,064,119
NEW YORK STATE COMMON RETIREMENT FUND 0.66% 1,408,995 +382% 0.04% $27,503,582
NEUBERGER BERMAN GROUP LLC 0.55% 1,189,196 -0.68% 0.02% $23,213,100
Perpetual Ltd 0.53% 1,128,612 0.32% $22,030,506
NATIXIS ADVISORS, LLC 0.53% 1,126,669 +8.6% 0.03% $21,993,000
MANAGED ASSET PORTFOLIOS, LLC 0.5% 1,067,661 -0.88% 2.5% $20,840,749
PRINCIPAL FINANCIAL GROUP INC 0.45% 970,644 -0.97% 0.01% $18,946,971
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.42% 899,148 -3.5% 0.01% $17,551,369

Institutional Holders of MDU RESOURCES GROUP INC - Common Stock (MDU) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 153,655,392 $3,001,038,210 +$463,486,108 $19.52 319
2025 Q3 165,991,305 $2,956,777,707 +$81,976,983 $17.81 403
2025 Q2 162,117,933 $2,704,883,733 -$19,511,924 $16.67 404
2025 Q1 163,744,536 $2,769,428,072 +$4,532,303 $16.91 400
2024 Q4 163,213,856 $2,942,177,351 +$118,610,841 $18.02 395
2024 Q3 152,425,819 $4,180,445,518 +$6,322,629 $27.41 398
2024 Q2 152,299,479 $3,823,579,619 +$26,368,523 $25.10 383
2024 Q1 149,624,479 $3,774,963,549 +$135,241,820 $25.20 389
2023 Q4 145,393,934 $2,879,552,712 +$23,799,514 $19.80 372
2023 Q3 143,521,909 $2,810,894,922 -$71,801,947 $19.58 372
2023 Q2 146,519,867 $3,071,448,479 +$885,615 $20.94 374
2023 Q1 144,441,835 $4,406,029,653 -$21,362,810 $30.48 408
2022 Q4 145,494,372 $4,417,925,939 -$19,580,439 $30.34 399
2022 Q3 146,154,779 $4,001,473,265 +$40,868,015 $27.35 368
2022 Q2 144,588,365 $3,906,591,138 +$154,667,056 $26.99 383
2022 Q1 139,873,267 $3,731,079,544 -$101,473,926 $26.65 404
2021 Q4 142,837,618 $4,407,527,980 +$33,881,912 $30.84 397
2021 Q3 141,330,017 $4,197,223,419 +$41,667,163 $29.67 385
2021 Q2 140,050,638 $4,391,494,618 +$29,118,654 $31.34 386
2021 Q1 138,886,631 $4,391,474,973 +$20,980,232 $31.61 390
2020 Q4 138,357,014 $3,646,432,601 -$40,475,587 $26.34 368
2020 Q3 140,284,736 $3,158,722,389 +$66,297,854 $22.50 341
2020 Q2 138,331,177 $3,069,815,091 -$25,161,596 $22.18 325
2020 Q1 139,589,651 $3,003,632,489 +$27,780,712 $21.50 341
2019 Q4 137,328,764 $4,082,566,226 -$40,349,415 $29.71 372
2019 Q3 138,911,879 $3,919,031,000 +$29,547,915 $28.19 334
2019 Q2 137,562,849 $3,551,880,768 +$119,930,580 $25.80 339
2019 Q1 133,828,709 $3,460,349,281 +$54,963,722 $25.83 348
2018 Q4 131,777,450 $3,143,594,283 +$60,705,949 $23.84 346
2018 Q3 128,491,444 $3,301,936,607 +$57,910,994 $25.69 349
2018 Q2 127,680,401 $3,661,941,454 -$8,335,708 $28.68 345
2018 Q1 127,910,246 $3,601,320,973 +$83,106,751 $28.16 326
2017 Q4 125,012,042 $3,360,125,430 -$32,405,535 $26.88 324
2017 Q3 125,872,951 $3,266,799,363 +$23,619,336 $25.95 304
2017 Q2 125,019,800 $3,275,470,034 -$18,016,434 $26.20 311
2017 Q1 125,345,532 $3,418,851,379 +$419,151,489 $27.37 306
2016 Q4 126,497,308 $3,638,866,156 -$10,927,321 $28.77 329
2016 Q3 126,051,453 $3,204,656,300 +$78,383,147 $25.44 301
2016 Q2 124,467,382 $2,986,987,144 +$75,206,250 $24.00 305
2016 Q1 121,184,416 $2,357,984,648 +$16,161,018 $19.46 277
2015 Q4 120,607,855 $2,209,501,682 -$12,685,420 $18.32 279
2015 Q3 121,611,086 $2,086,344,210 +$2,655,343 $17.20 302
2015 Q2 121,038,715 $2,363,890,868 +$44,518,157 $19.53 307
2015 Q1 117,570,889 $2,510,042,302 +$5,403,430 $21.34 307
2014 Q4 116,565,782 $2,738,576,363 +$49,737,373 $23.50 315
2014 Q3 114,362,576 $3,180,372,755 +$9,414,816 $27.81 337
2014 Q2 113,792,476 $3,992,935,283 +$96,940,426 $35.10 370
2014 Q1 111,073,333 $3,810,879,914 +$120,292,179 $34.31 353