Mairs & Power 13F, Q3 2023
Mairs & Power · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1070134
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 214 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $646.46M | 7.6% | unchanged |
| ALPHABET INC | GOOG | $445.37M | 5.2% | -3% shares |
| UNITEDHEALTH GROUP INC | UNH | $407.78M | 4.8% | +3% shares |
| NVIDIA CORPORATION | NVDA | $352.12M | 4.1% | -13% shares |
| AMAZON COM INC | AMZN | $338.71M | 4.0% | -2% shares |
| GRACO INC | GGG | $305.10M | 3.6% | unchanged |
| TORO CO | TTC | $266.47M | 3.1% | +7% shares |
| JPMORGAN CHASE & CO | JPM | $244.40M | 2.9% | +2% shares |
| ECOLAB INC | ECL | $237.47M | 2.8% | -7% shares |
| MEDTRONIC PLC | $231.75M | 2.7% | +5% shares | |
| ELI LILLY & CO | LLY | $228.98M | 2.7% | -10% shares |
| FISERV INC | FISV | $220.56M | 2.6% | unchanged |
| LITTELFUSE INC | LFUS | $217.15M | 2.5% | unchanged |
| JOHNSON & JOHNSON | JNJ | $209.51M | 2.5% | -4% shares |
| BIO-TECHNE CORP | TECH | $207.86M | 2.4% | unchanged |
| US BANCORP DEL | USB | $207.64M | 2.4% | -11% shares |
| HORMEL FOODS CORP | HRL | $203.46M | 2.4% | unchanged |
| FASTENAL CO | FAST | $176.70M | 2.1% | unchanged |
| NVENT ELECTRIC PLC | $171.77M | 2.0% | -5% shares | |
| QUALCOMM INC | QCOM | $162.48M | 1.9% | +3% shares |
| FULLER H B CO | FUL | $162.28M | 1.9% | unchanged |
| ALLIANT ENERGY CORP | LNT | $150.48M | 1.8% | +14% shares |
| MOTOROLA SOLUTIONS INC | MSI | $144.81M | 1.7% | unchanged |
| VISA INC | V | $144.10M | 1.7% | unchanged |
| SHERWIN WILLIAMS CO | SHW | $143.87M | 1.7% | unchanged |
What changed since Q2 2023
Against the Q2 2023 filing, Mairs & Power opened 6 new positions, added to 34, trimmed 89, left 85 unchanged and exited 18. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-23-003911, filed by MAIRS & POWER INC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.