Mairs & Power 13F, Q1 2024
Mairs & Power · quarter ending 31 March 2024 · filed 15 May 2024 · SEC CIK 1070134
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 226 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $827.47M | 8.0% | unchanged |
| NVIDIA CORPORATION | NVDA | $592.61M | 5.7% | -12% shares |
| ALPHABET INC | GOOG | $488.03M | 4.7% | -4% shares |
| AMAZON COM INC | AMZN | $438.35M | 4.2% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $403.94M | 3.9% | unchanged |
| GRACO INC | GGG | $354.42M | 3.4% | -6% shares |
| JPMORGAN CHASE & CO | JPM | $343.82M | 3.3% | unchanged |
| FISERV INC | FISV | $305.18M | 3.0% | unchanged |
| TORO CO | TTC | $297.29M | 2.9% | unchanged |
| ELI LILLY & CO | LLY | $283.54M | 2.8% | -7% shares |
| US BANCORP DEL | USB | $261.46M | 2.5% | -3% shares |
| MEDTRONIC PLC | $260.28M | 2.5% | unchanged | |
| ECOLAB INC | ECL | $228.95M | 2.2% | -19% shares |
| QUALCOMM INC | QCOM | $222.25M | 2.1% | -6% shares |
| BIO-TECHNE CORP | TECH | $208.31M | 2.0% | -4% shares |
| LITTELFUSE INC | LFUS | $207.88M | 2.0% | unchanged |
| FASTENAL CO | FAST | $207.67M | 2.0% | -16% shares |
| NVENT ELECTRIC PLC | $198.35M | 1.9% | -8% shares | |
| HORMEL FOODS CORP | HRL | $193.59M | 1.9% | unchanged |
| JOHNSON & JOHNSON | JNJ | $192.44M | 1.9% | -4% shares |
| MOTOROLA SOLUTIONS INC | MSI | $177.77M | 1.7% | unchanged |
| VISA INC | V | $175.06M | 1.7% | unchanged |
| FULLER H B CO | FUL | $171.36M | 1.7% | -6% shares |
| VERIZON COMMUNICATIONS INC | VZ | $168.04M | 1.6% | +18% shares |
| ALLIANT ENERGY CORP | LNT | $167.40M | 1.6% | +5% shares |
What changed since Q4 2023
Against the Q4 2023 filing, Mairs & Power opened 8 new positions, added to 39, trimmed 92, left 87 unchanged and exited 13. 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 0001172661-24-002334, 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.