| 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 |
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 | +$79,923,889 | $17.81 | 402 |
| 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 |