Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Mdu Res Group Inc (MDU)

412 + Investors. Track Smart Money conviction in MDU. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — MDU

Based on 415 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added MDU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
415 hedge funds hold MDU right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

218 buying154 selling
Last quarter: 218 funds bought or added vs 154 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 62 → 52 → 73 → 58. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

65% of holders stayed for 2+ years

■ 65% conviction (2yr+) ■ 17% medium ■ 19% new
269 out of 415 hedge funds have held MDU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

65 → 62 → 52 → 73 → 58 new funds/Q
New funds entering each quarter: 62 → 52 → 73 → 58. A growing number of institutions are discovering MDU each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 68% of holders stayed 2+ years

■ 68% veterans ■ 9% 1-2yr ■ 23% new
Of 415 current holders: 284 (68%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds
50 of 415 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MDU

In 2026 Q1, 218 hedge funds were net buyers of MDU (58 opened a new position, 160 added to an existing one), while 154 reduced or exited (105 trimmed, 49 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 32% of total institutional value in MDU is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 415.

Hedge Fund Ownership: MDU

How many hedge funds hold MDU — quarterly history vs. share price
Quarterly hedge fund ownership of MDU vs. share price

Market Analysis: MDU

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MDU

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Mdu Res Group Inc (MDU) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much MDU has moved relative to its sector benchmark (XLU) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
MDU
nan%
XLU
nan%

MDU outperformed XLU by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
MDU
nan%
XLU
nan%

Since the filing became public, MDU outperformed XLU by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.5
/ 10
conviction
Hedge Fund Positioning: MDU
412 + Investors

Track Smart Money conviction in MDU. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 412 406 1.48%
13F Shares 191M 193M -1.03%
Total Value $3.80B $3.76B 1.03%
New Positions 57 73 -16
Increased Positions 158 147 +11
Closed Positions 51 63 -12
Reduced Positions 105 115 -10
Total Calls 0 3 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.33 Bullish

Statistics: MDU

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

412 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MDU. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MDU holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Managed Asset Portfolios, LLC 2.58% 1,037,406 $21.5M
2 Hudson Value Partners, LLC 2.17% 350,713 $7.3M
3 HITE Hedge Asset Management LLC 1.81% 1,550,000 $32.1M
4 John G Ullman & Associates Inc 1.03% 376,640 $7.8M
5 Riverwater Partners LLC 1.02% 147,111 $3.0M
6 River Road Asset Management, LLC 0.96% 4,077,251 $84.5M
7 Bragg Financial Advisors, Inc 0.95% 1,451,854 $30.1M
8 Barrow Hanley Mewhinney & Strauss LLC 0.93% 13,760,167 $285.1M
9 Earnest Partners LLC 0.84% 9,881,880 $204.8M
10 Cladis Investment Advisory, LLC 0.69% 60,215 $1.2M
11 Register Financial Advisors LLC 0.67% 87,361 $1.8M
12 Needham Investment Management LLC 0.59% 557,500 $11.6M
13 Clark Financial Services Group Inc /Bd 0.59% 52,269 $1.1M
14 Westwood Holdings Group Inc 0.53% 3,542,046 $73.4M
15 Frontier Capital Management Co LLC 0.53% 2,506,549 $51.9M
16 Phocas Financial Corp. 0.53% 163,936 $3.4M
17 Vaughan Nelson Investment Management, L.P. 0.53% 2,531,705 $52.5M
18 Perpetual Ltd 0.42% 1,327,882 $27.5M
19 Yaupon Capital Management LP 0.35% 548,025 $11.4M
20 Angeles Investment Advisors, LLC 0.34% 245,414 $5.1M
21 Westport Asset Management Inc 0.32% 35,000 $725K
22 Burkehill Global Management, LP 0.31% 300,000 $6.2M
23 Montgomery Investment Management Inc 0.31% 43,578 $903K
24 Sciencast Management LP 0.30% 112,350 $2.3M
25 Cascade Investment Group, INC. 0.27% 20,000 $414K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Mdu Res Group Inc (MDU)

What does the Smart Money Trend signal show for MDU?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added MDU than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MDU?

Slight buying edge — 59% buying: Last quarter: 218 funds bought or added vs 154 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MDU holders?

Strong quality — 32% AUM from major funds: 50 of 415 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held MDU?

65% of holders stayed for 2+ years: 269 out of 415 hedge funds have held MDU for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Mdu Res Group Inc (MDU) following the 2026 Q1 hedge fund 13F filings?

As of today, MDU has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to nan% for the XLU sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), MDU has gained nan% vs nan% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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