Mairs & Power 13F, Q4 2023
Mairs & Power · quarter ending 31 December 2023 · filed 14 February 2024 · SEC CIK 1070134
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 231 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $742.96M | 7.8% | -4% shares |
| ALPHABET INC | GOOG | $471.24M | 5.0% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $427.00M | 4.5% | unchanged |
| AMAZON COM INC | AMZN | $372.71M | 3.9% | -8% shares |
| NVIDIA CORPORATION | NVDA | $369.65M | 3.9% | -8% shares |
| GRACO INC | GGG | $349.19M | 3.7% | -4% shares |
| TORO CO | TTC | $309.62M | 3.3% | unchanged |
| JPMORGAN CHASE & CO | JPM | $293.78M | 3.1% | +3% shares |
| US BANCORP DEL | USB | $261.29M | 2.8% | -4% shares |
| FISERV INC | FISV | $258.20M | 2.7% | unchanged |
| ECOLAB INC | ECL | $243.28M | 2.6% | -13% shares |
| MEDTRONIC PLC | $242.03M | 2.5% | unchanged | |
| BIO-TECHNE CORP | TECH | $237.61M | 2.5% | unchanged |
| LITTELFUSE INC | LFUS | $229.90M | 2.4% | -2% shares |
| ELI LILLY & CO | LLY | $228.91M | 2.4% | -8% shares |
| FASTENAL CO | FAST | $206.65M | 2.2% | unchanged |
| QUALCOMM INC | QCOM | $202.37M | 2.1% | -4% shares |
| JOHNSON & JOHNSON | JNJ | $198.22M | 2.1% | -6% shares |
| FULLER H B CO | FUL | $185.35M | 1.9% | -4% shares |
| HORMEL FOODS CORP | HRL | $175.29M | 1.9% | +2% shares |
| NVENT ELECTRIC PLC | $168.62M | 1.8% | -12% shares | |
| VISA INC | V | $163.44M | 1.7% | unchanged |
| ALLIANT ENERGY CORP | LNT | $162.80M | 1.7% | +2% shares |
| MOTOROLA SOLUTIONS INC | MSI | $157.31M | 1.7% | -6% shares |
| SHERWIN WILLIAMS CO | SHW | $147.55M | 1.6% | -16% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Mairs & Power opened 20 new positions, added to 33, trimmed 91, left 87 unchanged and exited 3. 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 0001172661-24-001540, 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.