MDU β€” MDU RES GROUP INC

Ownership history in Corvex Management LP  Β·  14 quarters on record

This page tracks every 13F SEC filing in which Corvex Management LP reported a position in MDU RES GROUP INC (MDU). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
16.26% (2022 Q3)
πŸ“Š Avg. % of fund
10.09%
πŸ“… First filed
2022 Q2
πŸ“… Last filed
2025 Q3
⏱ Quarters held
14

Position Intelligence

Corvex Management LP Γ— MDU AI Analytics

πŸ“ˆ Corvex Management LP outperformed the S&P 500 by +1.9% annually on this MDU position. Timing score: 80% (4/5 decisions correct). Average cost basis: $9.26. Maximum drawdown during holding period: –6.1%.

πŸ“ˆ Position Alpha vs SPY
+1.9%
annualised excess return

βœ… Outperformed SPY on this position by 1.9% ann.
13 quarters analyzed

⏱️ Timing Score
80%

🎯 Smart timing β€” consistently buying dips and trimming near peaks.
4 of 5 add/trim decisions correct

πŸ’° Entry Quality
$9.26
+89.7% vs current ($17.57)

Best entry: $9.23 (2022 Q2)  Β·  Worst: $9.42 (2022 Q3)

πŸ›‘οΈ Drawdown Resilience
–6.1%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
40%
buy-side decisions

2 adds Β· 3 trims. Bought during 0 of 3 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 2.47% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    MDU price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 UNCHANGED 4,183,151 β€” 0% 2.47% $74.5M $17.57
2025 Q2 REDUCED 4,183,151 -1,688,607 -28.8% 2.95% $69.7M $16.30
2025 Q1 REDUCED 5,871,758 -1,237,071 -17.4% 3.76% $99.3M $16.41
2024 Q4 REDUCED 7,108,829 -3,038,212 -29.9% 3.56% $128.1M $17.35
2024 Q3 UNCHANGED 10,147,041 β€” 0% 10.80% $278.1M $14.52
2024 Q2 UNCHANGED 10,147,041 β€” 0% 11.77% $254.7M $13.23
2024 Q1 UNCHANGED 10,147,041 β€” 0% 11.86% $255.7M $13.21
2023 Q4 UNCHANGED 10,147,041 β€” 0% 10.59% $200.9M $10.33
2023 Q3 UNCHANGED 10,147,041 β€” 0% 10.72% $198.7M $10.14
2023 Q2 UNCHANGED 10,147,041 β€” 0% 10.45% $212.5M $10.78
4 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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