KNIFE RIVER CORP KNF
COMMON STOCK · Common Stock · CUSIP 498894104 · ISIN US4988941047
- SectorMaterials
- IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)
- HeadquartersBismarck, ND
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.2m this quarter). Holder counts are more reliable. Shares outstanding: 56.6m as of 2024-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $70.14. Options: 5 managers hold calls ($6.9m notional), 3 hold puts ($420.8k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 291 |
| Q3 2023 | 308 |
| Q4 2023 | 353 |
| Q1 2024 | 381 |
| Q2 2024 | 376 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 144 | 130 |
| Q4 2023 | 185 | 112 |
| Q1 2024 | 177 | 156 |
| Q2 2024 | 167 | 177 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $393.1k | $200.2k | 0.51 |
| Q4 2023 | $8.5m | $224.2k | 0.03 |
| Q1 2024 | $7.3m | $11.1m | 1.53 |
| Q2 2024 | $6.9m | $420.8k | 0.06 |
Biggest buyers
| CONGRESS ASSET MANAGEMENT CO | Added | +559.2k |
| Boston Partners | New | +262.8k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | Added | +224.4k |
| MOORE CAPITAL MANAGEMENT, LP | New | +200.0k |
| MIG Capital, LLC | Added | +169.3k |
| VANGUARD GROUP INC | Added | +147.0k |
| Invesco Ltd. | Added | +112.2k |
| LOOMIS SAYLES & CO L P | Added | +109.7k |
| Interval Partners, LP | New | +108.6k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Added | +106.8k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.9m |
| Alyeska Investment Group, L.P. | Sold out | -307.0k |
| DEUTSCHE BANK AG\ | Reduced | -202.4k |
| JPMORGAN CHASE & CO | Reduced | -194.8k |
| 59 North Capital Management, LP | Reduced | -175.0k |
| MARSHALL WACE, LLP | Reduced | -137.4k |
| Swedbank AB | Sold out | -120.0k |
| MACQUARIE GROUP LTD | Reduced | -119.4k |
| LORD, ABBETT & CO. LLC | Sold out | -119.0k |
| M&G PLC | Sold out | -114.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.8m68.3k shares |
| WOLVERINE TRADING, LLC | New | $743.5k10.6k shares |
| SIMPLEX TRADING, LLC | Added | $715.0k10.2k shares |
| CITADEL ADVISORS LLC | Reduced | $638.3k9.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $252.5k3.6k shares |
| CITADEL ADVISORS LLC | Reduced | $168.3k2.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +1.8 pts · filed 2026-10-07 | 10.8% |
| Capital World Investors 13G · institution new · filed 2026-08-12 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $74 | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 6.9m $481.3m | Added +96.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.0m $418.9m | Added +147.0k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 0.49% of their portfolio | 2.1m $144.8m | Added +224.4k |
| STATE STREET CORP 0.01% of their portfolio | 2.0m $138.1m | Added +10.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.4m $95.0m | Added +3.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $92.0m | Added +36.2k |
| GILDER GAGNON HOWE & CO LLC 1.04% of their portfolio | 1.2m $83.3m | Reduced -17.4k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $71.8m | Reduced -19.5k |
| 59 North Capital Management, LP 3.37% of their portfolio | 973.8k $68.3m | Reduced -175.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.39% of their portfolio | 817.7k $57.4m | Added +73.9k |
| Hood River Capital Management LLC 1.11% of their portfolio | 761.0k $53.4m | Added +38.2k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 747.6k $52.4m | Added +12.7k |
| MORGAN STANLEY 0.00% of their portfolio | 711.5k $49.9m | Reduced -1.9m |
| Driehaus Capital Management LLC 0.47% of their portfolio | 698.8k $49.0m | Reduced -16.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 693.5k $48.6m | Added +8.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 683.4k $47.9m | Reduced -10.1k |
| NORGES BANK 0.01% of their portfolio | 670.0k $47.0m | Added +14.2k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 646.7k $45.4m | Added +109.7k |
| MIG Capital, LLC 6.03% of their portfolio | 644.9k $45.2m | Added +169.3k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 636.5k $44.6m | Reduced -119.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 629.4k $44.1m | Added +41.0k |
| CONGRESS ASSET MANAGEMENT CO 0.31% of their portfolio | 613.6k $43.0m | Added +559.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.14% of their portfolio | 481.7k $33.8m | Added +106.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 463.9k $32.5m | Reduced -202.4k |
| US BANCORP \DE\ 0.04% of their portfolio | 422.2k $29.6m | Reduced -6.1k |
| TWO SIGMA ADVISERS, LP 0.07% of their portfolio | 420.3k $29.5m | Added +20.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.06% of their portfolio | 389.5k $27.3m | First filing |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 386.8k $27.1m | Reduced -4.5k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 384.2k $26.9m | Added +104.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 381.5k $26.8m | Added +46.1k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 346.1k $24.3m | Reduced -23.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.23% of their portfolio | 327.2k $23.0m | Added +1.2k |
| Shellback Capital, LP 1.65% of their portfolio | 321.3k $22.5m | Added +70.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 318.7k $22.4m | Reduced -194.8k |
| Boston Partners 0.02% of their portfolio | 262.8k $18.7m | New |
| Invesco Ltd. 0.00% of their portfolio | 230.1k $16.1m | Added +112.2k |
| One Fin Capital Management LP 6.14% of their portfolio | 220.0k $15.4m | Reduced -60.0k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 207.3k $14.5m | Added +46.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 200.8k $14.1m | Added +74.6k |
| Penn Capital Management Company, LLC 1.34% of their portfolio | 200.0k $14.1m | Reduced -25.6k |
| MOORE CAPITAL MANAGEMENT, LP 0.31% of their portfolio | 200.0k $14.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 198.5k $13.9m | Reduced -53.6k |
| EAGLE ASSET MANAGEMENT INC 0.07% of their portfolio | 193.5k $13.3m | Added +17.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 192.0k $13.5m | Reduced -22.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 185.0k $13.0m | Added +25.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 179.3k $12.6m | Reduced -11.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 167.4k $11.7m | Added +35.5k |
| GW&K Investment Management, LLC 0.11% of their portfolio | 167.2k $11.7m | Added +11.0k |
| Soapstone Management L.P. 7.22% of their portfolio | 154.3k $10.8m | Added +4.3k |
| WINTON GROUP Ltd 0.69% of their portfolio | 145.3k $10.2m | Added +59.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 145.0k $10.2m | Reduced -11.8k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 141.7k $9.9m | Added +44.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 137.2k $9.6m | Added +36.8k |
| BlackBarn Capital Partners LP 4.88% of their portfolio | 135.0k $9.5m | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.19% of their portfolio | 126.2k $8.9m | Added +16.4k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.85% of their portfolio | 124.6k $8.7m | Reduced -46.7k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 123.9k $8.7m | Added +928 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 120.4k $8.4m | Reduced -828 |
| MAIRS & POWER INC 0.08% of their portfolio | 118.2k $8.3m | Added +8.9k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 108.6k $7.6m | Added +98.1k |
| Interval Partners, LP 0.22% of their portfolio | 108.6k $7.6m | New |
| Angeles Investment Advisors, LLC 0.38% of their portfolio | 106.9k $7.5m | Unchanged |
| Swiss National Bank 0.01% of their portfolio | 105.7k $7.4m | Reduced -400 |
| Advantage Alpha Capital Partners LP 1.61% of their portfolio | 105.2k $7.4m | Added +33.0k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 101.7k $7.1m | First filing |
| California Public Employees Retirement System 0.00% of their portfolio | 96.3k $6.8m | Added +101 |
| LPL Financial LLC 0.00% of their portfolio | 95.2k $6.7m | Added +10.6k |
| Granahan Investment Management, LLC 0.26% of their portfolio | 93.5k $6.6m | Added +19.4k |
| F/m Investments LLC 0.23% of their portfolio | 90.5k $6.3m | New |
| CASTLEARK MANAGEMENT LLC 0.25% of their portfolio | 88.8k $6.2m | Reduced -8.5k |
| HEARTLAND ADVISORS INC 0.34% of their portfolio | 87.5k $6.1m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 87.0k $6.1m | Added +2.3k |
| CW Advisors, LLC 0.09% of their portfolio | 81.0k $5.7m | New |
| GABELLI FUNDS LLC 0.04% of their portfolio | 78.2k $5.5m | Reduced -1.0k |
| Engineers Gate Manager LP 0.12% of their portfolio | 75.6k $5.3m | Reduced -25.3k |
| M&T Bank Corp 0.02% of their portfolio | 74.5k $5.2m | Reduced -633 |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 74.0k $5.2m | Reduced -6.6k |
| STRS OHIO 0.02% of their portfolio | 71.3k $5.0m | Added +11.5k |
| Retirement Systems of Alabama 0.02% of their portfolio | 69.9k $4.9m | Reduced -1.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 69.2k $4.9m | Added +25 |
| Moody Aldrich Partners LLC 0.93% of their portfolio | 68.1k $4.8m | Reduced -51.2k |
| BARCLAYS PLC 0.00% of their portfolio | 66.4k $4.7m | Reduced -26.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 65.9k $4.6m | Added +38.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 65.7k $4.6m | Added +443 |
| BRANT POINT INVESTMENT MANAGEMENT LLC 1.04% of their portfolio | 63.1k $4.4m | Reduced -28.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 62.5k $4.4m | Added +44.7k |
| Polar Asset Management Partners Inc. 0.11% of their portfolio | 61.9k $4.3m | Reduced -9.8k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 61.6k $4.3m | Added +2.4k |
| FIRST MANHATTAN CO. LLC. 0.01% of their portfolio | 61.6k $4.3m | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 61.4k $4.3m | Reduced -458 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 61.2k $4.3m | Reduced -43.0k |
| JOHN G ULLMAN & ASSOCIATES INC 0.65% of their portfolio | 61.1k $4.3m | Reduced -802 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 57.7k $4.0m | Added +43.5k |
| PECAUT & CO. 1.53% of their portfolio | 57.5k $4.0m | Reduced -1.0k |
| PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio | 56.6k $4.0m | Added +3.1k |
| Baird Financial Group, Inc. 0.01% of their portfolio | 55.1k $3.9m | Added +626 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 54.6k $3.8m | Reduced -2.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 53.1k $3.7m | Added +24.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 52.7k $3.7m | Reduced -1.6k |
| Hudson Value Partners, LLC 1.51% of their portfolio | 50.9k $3.6m | Added +2.6k |