Mairs & Power 13F, Q1 2025
Mairs & Power · quarter ending 31 March 2025 · filed 15 May 2025 · SEC CIK 1070134
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2025
The 25 largest of 221 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2024 filing.
| Company | Ticker | Value | % of book | vs Q4 2024 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $749.36M | 7.8% | unchanged |
| NVIDIA CORPORATION | NVDA | $628.81M | 6.5% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $474.86M | 4.9% | +4% shares |
| AMAZON COM INC | AMZN | $456.17M | 4.8% | unchanged |
| JPMORGAN CHASE & CO. | JPM | $407.88M | 4.2% | -3% shares |
| FISERV INC | FISV | $379.29M | 4.0% | -8% shares |
| GRACO INC | GGG | $327.72M | 3.4% | unchanged |
| ALPHABET INC | GOOG | $319.97M | 3.3% | -6% shares |
| ELI LILLY & CO | LLY | $301.29M | 3.1% | +8% shares |
| APPLE INC | AAPL | $301.12M | 3.1% | unchanged |
| VISA INC | V | $288.82M | 3.0% | unchanged |
| TORO CO | TTC | $265.64M | 2.8% | unchanged |
| MOTOROLA SOLUTIONS INC | MSI | $209.10M | 2.2% | unchanged |
| FASTENAL CO | FAST | $208.60M | 2.2% | unchanged |
| ECOLAB INC | ECL | $196.02M | 2.0% | unchanged |
| ALLIANT ENERGY CORP | LNT | $195.92M | 2.0% | -22% shares |
| LITTELFUSE INC | LFUS | $173.81M | 1.8% | unchanged |
| JOHNSON & JOHNSON | JNJ | $165.68M | 1.7% | -3% shares |
| SHERWIN WILLIAMS CO | SHW | $164.58M | 1.7% | -2% shares |
| WELLS FARGO CO NEW | WFC | $156.85M | 1.6% | -5% shares |
| VERIZON COMMUNICATIONS INC | VZ | $155.53M | 1.6% | unchanged |
| BIO-TECHNE CORP | TECH | $155.47M | 1.6% | unchanged |
| WEC ENERGY GROUP INC | WEC | $151.38M | 1.6% | +82% shares |
| QUALCOMM INC | QCOM | $145.92M | 1.5% | -28% shares |
| FULLER H B CO | FUL | $136.95M | 1.4% | +10% shares |
What changed since Q4 2024
Against the Q4 2024 filing, Mairs & Power opened 8 new positions, added to 34, trimmed 90, left 89 unchanged and exited 16. 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 0001172661-25-002089, 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.