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MDU RES GROUP INC
MDU RES GROUP INC. Institutional holdings reported to the SEC.

Institutional Holders (2014Q4)
Portfolio Summary: 326 Institutional holders with a total value of $2,754,066,420.
#
Manager Name
Shares
Value ($)
%
Options
Notes
101 JOHN G ULLMAN & ASSOCIATES INC 137,650 3,235,000 0.12%
102 FIRST WILSHIRE SECURITIES MANAGEMENT INC 132,977 3,125,000 0.11%
103 Lombard Odier Asset Management (Switzerland) SA 132,256 3,124,000 0.11%
104 INVESTMENT CENTERS OF AMERICA INC 130,928 3,086,000 0.11%
105 CANADA PENSION PLAN INVESTMENT BOARD 126,194 2,966,000 0.11%
106 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 122,441 2,877,000 0.10%
107 Country Club Trust Company, n.a. 109,500 2,573,000 0.09%
108 NOMURA HOLDINGS INC 106,050 2,561,000 0.09%
109 TUDOR INVESTMENT CORP ET AL 107,810 2,534,000 0.09%
110 ROYAL BANK OF CANADA 100,293 2,357,000 0.09%
111 State of New Jersey Common Pension Fund D 100,000 2,350,000 0.09%
112 GLG LLC 100,000 2,350,000 0.09%
113 PRING TURNER CAPITAL GROUP INC 99,819 2,346,000 0.09%
114 FEDERATED HERMES, INC. 97,439 2,290,000 0.08%
115 A.R.T. Advisors, LLC 96,236 2,261,000 0.08%
116 HSBC HOLDINGS PLC 93,751 2,203,000 0.08%
117 LOS ANGELES CAPITAL MANAGEMENT LLC 93,097 2,188,000 0.08%
118 STATE OF MICHIGAN RETIREMENT SYSTEM 92,362 2,171,000 0.08%
119 TREES INVESTMENT COUNSEL LLC 90,368 2,124,000 0.08%
120 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 87,496 2,056,000 0.07%
121 FIRST MERCANTILE TRUST CO 87,132 2,048,000 0.07%
122 NISA INVESTMENT ADVISORS, LLC 86,740 2,038,000 0.07%
123 CANADA LIFE ASSURANCE Co 86,704 2,032,000 0.07%
124 Placemark Investments, Inc. 85,668 2,012,000 0.07%
125 WASHINGTON TRUST BANK 82,348 1,935,000 0.07%
126 Nuveen Asset Management, LLC 78,115 1,836,000 0.07%
127 AVIVA PLC 77,421 1,819,000 0.07%
128 OREGON PUBLIC EMPLOYEES RETIREMENT FUND 76,818 1,805,000 0.07%
129 Stockman Wealth Management, Inc. 76,351 1,794,000 0.07%
130 FIRST INTERSTATE BANK 76,106 1,789,000 0.06%
131 THRIVENT FINANCIAL FOR LUTHERANS 75,239 1,769,000 0.06%
132 VOYA INVESTMENT MANAGEMENT LLC 70,803 1,664,000 0.06%
133 FIRST MERCHANTS CORP 70,553 1,658,000 0.06%
134 JONES FINANCIAL COMPANIES LLLP 69,036 1,623,000 0.06%
135 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 68,798 1,617,000 0.06%
136 NIPPON LIFE INSURANCE CO 68,642 1,613,000 0.06%
137 KOKUSAI Asset Management Co., Ltd. 67,500 1,586,000 0.06%
138 SMITH HAYES Advisers, Inc 67,394 1,584,000 0.06%
139 MEEDER ASSET MANAGEMENT INC 66,372 1,560,000 0.06%
140 BARCLAYS PLC 67,015 1,541,000 0.06%
141 COMMERCE BANK 65,388 1,537,000 0.06%
142 Dorsey & Whitney Trust CO LLC 63,560 1,494,000 0.05%
143 Municipal Employees' Retirement System of Michigan 62,980 1,492,000 0.05%
144 Liberty Mutual Group Asset Management Inc. 62,442 1,467,000 0.05%
145 Jupiter Investment Management Ltd 61,965 1,456,000 0.05%
146 CITY NATIONAL BANK 60,000 1,410,000 0.05%
147 FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND 59,284 1,393,000 0.05%
148 JACOBS LEVY EQUITY MANAGEMENT, INC 57,861 1,360,000 0.05%
149 BROWN BROTHERS HARRIMAN & CO 55,108 1,295,000 0.05%
150 State of Tennessee, Department of Treasury 54,500 1,281,000 0.05%
Page 3 of 7

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.