Mairs & Power 13F, Q2 2025
Mairs & Power · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1070134
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 235 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| MICROSOFT CORP | MSFT | $997.21M | 9.8% | unchanged |
| NVIDIA CORPORATION | NVDA | $918.38M | 9.1% | unchanged |
| AMAZON COM INC | AMZN | $546.91M | 5.4% | +4% shares |
| JPMORGAN CHASE & CO. | JPM | $435.15M | 4.3% | -10% shares |
| GRACO INC | GGG | $341.89M | 3.4% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $329.80M | 3.3% | +17% shares |
| ALPHABET INC | GOOG | $319.63M | 3.2% | -12% shares |
| FISERV INC | FISV | $298.72M | 3.0% | unchanged |
| ELI LILLY & CO | LLY | $284.78M | 2.8% | unchanged |
| VISA INC | V | $282.26M | 2.8% | -4% shares |
| TORO CO | TTC | $257.96M | 2.5% | unchanged |
| APPLE INC | AAPL | $234.42M | 2.3% | -16% shares |
| FASTENAL CO | FAST | $225.66M | 2.2% | +100% shares |
| ECOLAB INC | ECL | $212.57M | 2.1% | +2% shares |
| MOTOROLA SOLUTIONS INC | MSI | $199.76M | 2.0% | unchanged |
| LITTELFUSE INC | LFUS | $196.45M | 1.9% | unchanged |
| ALLIANT ENERGY CORP | LNT | $183.96M | 1.8% | unchanged |
| WELLS FARGO CO NEW | WFC | $174.21M | 1.7% | unchanged |
| NVENT ELECTRIC PLC | $172.38M | 1.7% | unchanged | |
| META PLATFORMS INC | META | $161.47M | 1.6% | +758% shares |
| SHERWIN WILLIAMS CO | SHW | $158.16M | 1.6% | -2% shares |
| WEC ENERGY GROUP INC | WEC | $155.52M | 1.5% | +7% shares |
| JOHNSON & JOHNSON | JNJ | $154.35M | 1.5% | unchanged |
| QUALCOMM INC | QCOM | $148.77M | 1.5% | unchanged |
| VERIZON COMMUNICATIONS INC | VZ | $147.72M | 1.5% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Mairs & Power opened 23 new positions, added to 71, trimmed 62, left 79 unchanged and exited 9. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 15 more
Exited
- NEOGwas $3.95M
- DWDPEURwas $752.8K
- VTIwas $710.5K
- CTVAwas $563.2K
- DOWwas $377.2K
- BPwas $356.1K
- PATTERSON COS INCwas $285.8K
- SURMODICS INCwas $232.8K
and 1 more
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-25-003391, 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.