Mairs & Power Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Mairs & Power Inc. reported 228 stock positions worth $10.6 billion. Its top holding was Microsoft (MSFT) at 7.9% of the portfolio, followed by Nvidia (NVDA, 6.9%) and Unitedhealth (UNH, 4.9%). Compared with Q2 2024, it opened 13 new positions, sold out of 7, added to 56 and reduced 121. The biggest buy was Unitedhealth (UNH, shares +6%) and the biggest sale Alphabet Class C (GOOG, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- St Paul, MN
- CIK
- 0001070134
- Portfolio Value
- $10.6B (Q3 2024)
- SEC Filing
- 0001172661-24-004776 ↗ filed Nov 14, 2024
Holdings Value
Holdings 228 stocks · $10.6B
| MSFT Microsoft Corp. | 7.91% | 1,955,215 | $841.3M | Reduce -0.1% |
| NVDA Nvidia Corp. | 6.90% | 6,037,090 | $733.1M | Reduce -2.4% |
| UNH Unitedhealth Group Inc. | 4.90% | 891,662 | $521.3M | Add +5.5% |
| GOOG Alphabet Inc. Class C | 4.31% | 2,743,465 | $458.7M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 4.14% | 2,362,983 | $440.3M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 3.41% | 1,720,372 | $362.8M | Reduce -0.2% |
| GGG Graco Inc. | 3.24% | 3,931,980 | $344.1M | Add +4.5% |
| FISV Fiserv Inc. | 3.20% | 1,893,636 | $340.2M | Add +0.1% |
| AAPL Apple Inc. | 2.95% | 1,347,213 | $313.9M | Add +3.4% |
| LLY Eli Lilly & Co. | 2.85% | 341,961 | $303.0M | Reduce -2.3% |
| TTC Toro Co. | 2.80% | 3,431,184 | $297.6M | Add +5.7% |
| LNT Alliant Energy Corp. | 2.34% | 4,095,219 | $248.5M | Add +6.9% |
| LFUS Littelfuse Inc. | 2.15% | 860,984 | $228.4M | Add +1.4% |
| QCOM Qualcomm Inc. | 2.09% | 1,305,186 | $221.9M | Add +0.4% |
| MSI Motorola Solutions Inc. | 2.07% | 488,752 | $219.8M | Reduce -1.3% |
| V Visa Inc. Class A | 2.04% | 788,803 | $216.9M | Add +14.8% |
| TECH Bio-Techne Corp. | 2.03% | 2,696,796 | $215.6M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 2.02% | 4,789,419 | $215.1M | Add +4.3% |
| USB US Bancorp | 1.96% | 4,553,141 | $208.2M | Reduce -11.8% |
| ECL Ecolab Inc. | 1.91% | 794,679 | $202.9M | Reduce -4.8% |
| FAST Fastenal Co. | 1.84% | 2,731,930 | $195.1M | Add +2.6% |
| SHW The Sherwin-Williams Co. | 1.73% | 482,545 | $184.2M | Add +4.9% |
| JNJ Johnson & Johnson | 1.70% | 1,116,680 | $181.0M | Reduce -5.5% |
| MDT Medtronic PLC | 1.67% | 1,969,468 | $177.3M | Reduce -33.0% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 1.64% | 2,197,999 | $174.5M | Add +0.8% |
| NVT Nvent Electric PLC | 1.58% | 2,384,560 | $167.5M | Reduce -1.3% |
| HRL Hormel Foods Corp. | 1.51% | 5,047,678 | $160.0M | Reduce -0.6% |
| WFC Wells Fargo & Co. | 1.23% | 2,323,231 | $131.2M | Reduce -3.5% |
| TNC Tennant Co. | 1.21% | 1,336,082 | $128.3M | Add +11.8% |
| ABT Abbott Laboratories | 1.16% | 1,085,429 | $123.7M | Reduce -0.7% |
| ENTG Entegris Inc. | 1.10% | 1,043,732 | $117.5M | Add +11.9% |
| ROK Rockwell Automation Inc. | 1.05% | 414,348 | $111.2M | Add +3.0% |
| DCI Donaldson Co. Inc. | 0.95% | 1,371,962 | $101.1M | Reduce -8.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.87% | 834,948 | $92.2M | Add +23.0% |
| HON Honeywell International Inc. | 0.83% | 429,325 | $88.7M | Reduce -30.4% |
| SCHW Schwab (charles) Corp. | 0.74% | 1,218,283 | $79.0M | Reduce -10.9% |
| BBY Best Buy Co. Inc. | 0.73% | 746,230 | $77.1M | Add +0.2% |
| PFG Principal Financial Group | 0.70% | 869,978 | $74.7M | Reduce -28.0% |
| TGT Target Corp. | 0.67% | 454,170 | $70.8M | Reduce -0.3% |
| PIPR Piper Sandler Cos | 0.66% | 245,828 | $69.8M | Reduce -6.3% |
| CRM Salesforce Inc. | 0.63% | 242,964 | $66.5M | Reduce -5.3% |
| WK Workiva Inc. | 0.62% | 835,086 | $66.1M | Add +6.6% |
| HD Home Depot Inc. | 0.62% | 162,972 | $66.0M | Reduce -0.4% |
| AXP American Express Co. | 0.56% | 218,028 | $59.1M | Reduce -4.2% |
| SYY Sysco Corp. | 0.55% | 743,076 | $58.0M | Reduce -33.9% |
| CASY Casey's General Stores Inc. | 0.49% | 138,399 | $52.0M | Reduce -3.5% |
| TXN Texas Instruments Inc. | 0.44% | 226,480 | $46.8M | Add +3.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.31% | 337,812 | $32.5M | Reduce -5.0% |
| ADP Automatic Data Processing | 0.28% | 108,530 | $30.0M | Add +1.8% |
| KHC The Kraft Heinz Co. | 0.27% | 831,775 | $29.2M | New |
| PG The Procter & Gamble Co. | 0.27% | 168,542 | $29.2M | Reduce -7.2% |
| GNRC Generac Holdings Inc. | 0.27% | 182,915 | $29.1M | Reduce -4.1% |
| MMM 3M Co. | 0.27% | 209,277 | $28.6M | Reduce -3.4% |
| ULTA Ulta Beauty Inc. | 0.27% | 73,484 | $28.6M | Add +0.7% |
| BMI Badger Meter Inc. | 0.26% | 124,414 | $27.2M | Reduce -3.0% |
| XEL Xcel Energy Inc. | 0.23% | 369,970 | $24.2M | Add +2.8% |
| HSY The Hershey Co. | 0.19% | 104,994 | $20.1M | Reduce -2.2% |
| ONB Old National Bancorp | 0.17% | 992,316 | $18.5M | Reduce -32.6% |
| TRV The Travelers Cos Inc. | 0.17% | 77,455 | $18.1M | Reduce -2.1% |
| AZEK The Azek Co. Inc. | 0.13% | 284,710 | $13.3M | Add +8.5% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.12% | 133,282 | $13.1M | Add +8.7% |
| AMP Ameriprise Financial Inc. | 0.12% | 27,690 | $13.0M | Add +34.2% |
| INSP Inspire Medical Systems Inc. | 0.12% | 61,173 | $12.9M | Reduce -4.2% |
| HUBG Hub Group Inc. Class A | 0.12% | 283,434 | $12.9M | Reduce -3.2% |
| META Meta Platforms Inc. Class A | 0.12% | 22,213 | $12.7M | Add +2.9% |
| AIR Aar Corp. | 0.12% | 188,024 | $12.3M | Add +5.6% |
| ALTR Altair Engineering Inc. Class A | 0.11% | 127,394 | $12.2M | Reduce -2.7% |
| PLXS Plexus Corp. | 0.11% | 88,745 | $12.1M | Reduce -10.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 25,047 | $11.5M | Reduce -5.0% |
| KNF Knife River Corp. | 0.11% | 127,005 | $11.4M | Add +7.5% |
| CLFD Clearfield Inc. | 0.11% | 290,106 | $11.3M | Add +3.0% |
| MGPI MGP Ingredients Inc. | 0.10% | 133,978 | $11.2M | Add +2.9% |
| UPS United Parcel Service Class B | 0.10% | 81,144 | $11.1M | Reduce -26.2% |
| MEDP Medpace Holdings Inc. | 0.09% | 29,762 | $9.9M | Add +3.3% |
| WTFC Wintrust Financial Corp. | 0.09% | 86,175 | $9.4M | Reduce -14.4% |
| GIS General Mills Inc. | 0.09% | 125,826 | $9.3M | Reduce -5.1% |
| ABBV Abbvie Inc. | 0.09% | 46,746 | $9.2M | Add +0.8% |
| QCRH QCR Holdings Inc. | 0.08% | 120,003 | $8.9M | Reduce -12.0% |
| THRM Gentherm Inc. | 0.08% | 187,818 | $8.7M | Add +2.1% |
| BKH Black Hills Corp. | 0.08% | 140,420 | $8.6M | Reduce -0.2% |
| CFR Cullen/Frost Bankers Inc. | 0.08% | 73,771 | $8.3M | Reduce -15.3% |
| ASB Associated Banc-Corp. | 0.07% | 368,955 | $7.9M | Reduce -12.2% |
| NWE Northwestern Energy Group Inc. | 0.07% | 137,075 | $7.8M | Reduce -0.2% |
| NEOG Neogen Corp. | 0.07% | 458,391 | $7.7M | Add +17.0% |
| EMR Emerson Electric Co. | 0.07% | 65,728 | $7.2M | Reduce -4.3% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.07% | 403,456 | $7.0M | Reduce -2.0% |
| GBCI Glacier Bancorp Inc. | 0.07% | 151,955 | $6.9M | Reduce -22.3% |
| PNR Pentair PLC | 0.06% | 67,585 | $6.6M | Reduce -7.3% |
| PII Polaris Inc. | 0.06% | 78,739 | $6.6M | Reduce -78.2% |
| CAT Caterpillar Inc. | 0.06% | 16,578 | $6.5M | Reduce -3.0% |
| MRK Merck & Co. Inc. | 0.06% | 53,387 | $6.1M | Reduce -2.7% |
| SCHB Schwab US Broad Market ETF | 0.05% | 87,082 | $5.8M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 9,388 | $5.4M | Add +5.6% |
| PANW Palo Alto Networks Inc. | 0.05% | 15,536 | $5.3M | Reduce -9.5% |
| OSK Oshkosh Corp. | 0.05% | 50,280 | $5.0M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.05% | 16,215 | $4.9M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.05% | 28,968 | $4.8M | Reduce -5.9% |
| GLW Corning Inc. | 0.04% | 99,186 | $4.5M | Reduce -7.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.04% | 6 | $4.1M | No change |
| XOM Exxon Mobil Corp. | 0.04% | 32,571 | $3.8M | Reduce -10.2% |
Portfolio Sells Q2 2024 → Q3 2024
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 4.31% | −0.68 |
| MDT Medtronic PLC | Reduce -33.0% | 1.67% | −0.57 |
| MSFT Microsoft Corp. | Reduce -0.1% | 7.91% | −0.54 |
| NVDA Nvidia Corp. | Reduce -2.4% | 6.90% | −0.49 |
| HON Honeywell International Inc. | Reduce -30.4% | 0.83% | −0.44 |
| SCHW Schwab (charles) Corp. | Reduce -10.9% | 0.74% | −0.23 |
| SYY Sysco Corp. | Reduce -33.9% | 0.55% | −0.23 |
| LLY Eli Lilly & Co. | Reduce -2.3% | 2.85% | −0.21 |
| NVT Nvent Electric PLC | Reduce -1.3% | 1.58% | −0.21 |
| PFG Principal Financial Group | Reduce -28.0% | 0.70% | −0.21 |
| PII Polaris Inc. | Reduce -78.2% | 0.06% | −0.21 |
| WFC Wells Fargo & Co. | Reduce -3.5% | 1.23% | −0.15 |
| DCI Donaldson Co. Inc. | Reduce -8.5% | 0.95% | −0.09 |
| ONB Old National Bancorp | Reduce -32.6% | 0.17% | −0.07 |
| UPS United Parcel Service Class B | Reduce -26.2% | 0.10% | −0.04 |
| CASY Casey's General Stores Inc. | Reduce -3.5% | 0.49% | −0.04 |
| DIS The Walt Disney Co. | Reduce -5.0% | 0.31% | −0.04 |
| USB US Bancorp | Reduce -11.8% | 1.96% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -7.2% | 0.27% | −0.01 |
| CRM Salesforce Inc. | Reduce -5.3% | 0.63% | −0.01 |
| ASB Associated Banc-Corp. | Reduce -12.2% | 0.07% | −0.01 |
| ECL Ecolab Inc. | Reduce -4.8% | 1.91% | −0.01 |
| ALTR Altair Engineering Inc. Class A | Reduce -2.7% | 0.11% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -5.9% | 0.05% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -2.7% | 0.06% | −0.01 |
| CFR Cullen/Frost Bankers Inc. | Reduce -15.3% | 0.08% | −0.01 |
| WTFC Wintrust Financial Corp. | Reduce -14.4% | 0.09% | −0.01 |
| INTC Intel Corp. | Reduce -59.1% | 0.00% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -9.5% | 0.05% | −0.01 |
| NTRS Northern Trust Corp. | Reduce -61.5% | 0.00% | −0.01 |
| EMR Emerson Electric Co. | Reduce -4.3% | 0.07% | −0.01 |
| OSK Oshkosh Corp. | Reduce -0.4% | 0.05% | −0.01 |
| GBCI Glacier Bancorp Inc. | Reduce -22.3% | 0.07% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -17.1% | 0.03% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -10.2% | 0.04% | −0.00 |
| XLK SS Technology Select Sector | Reduce -23.1% | 0.01% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -15.3% | 0.03% | −0.00 |
| SLB SLB Ltd. | Reduce -59.5% | 0.00% | −0.00 |
| CVX Chevron Corp. | Reduce -3.4% | 0.03% | −0.00 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.00 |
| BP BP PLC-Spons ADR | Reduce -56.2% | 0.00% | −0.00 |
| DOC Healthpeak Properties Inc. | Sold out | 0.00% | −0.00 |
| COP Conocophillips | Reduce -0.6% | 0.03% | −0.00 |
| PDCO Patterson Cos Inc. | Reduce -26.3% | 0.01% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -16.6% | 0.01% | −0.00 |
| SON Sonoco Products Co. | Sold out | 0.00% | −0.00 |
| BAX Baxter International Inc. | Reduce -20.5% | 0.02% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -35.6% | 0.01% | −0.00 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.00 |
| UFCS United Fire Group Inc. | Reduce -41.2% | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| UNH Unitedhealth Group Inc. | Add +5.5% | 4.90% | +0.75 |
| FISV Fiserv Inc. | Add +0.1% | 3.20% | +0.48 |
| LNT Alliant Energy Corp. | Add +6.9% | 2.34% | +0.45 |
| SHW The Sherwin-Williams Co. | Add +4.9% | 1.73% | +0.41 |
| GGG Graco Inc. | Add +4.5% | 3.24% | +0.36 |
| AAPL Apple Inc. | Add +3.4% | 2.95% | +0.30 |
| V Visa Inc. Class A | Add +14.8% | 2.04% | +0.30 |
| CHRW C.H. Robinson Worldwide Inc. | Add +23.0% | 0.87% | +0.29 |
| KHC The Kraft Heinz Co. | New | 0.27% | +0.27 |
| FAST Fastenal Co. | Add +2.6% | 1.84% | +0.22 |
| VZ Verizon Communications Inc. | Add +4.3% | 2.02% | +0.19 |
| BBY Best Buy Co. Inc. | Add +0.2% | 0.73% | +0.12 |
| TNC Tennant Co. | Add +11.8% | 1.21% | +0.07 |
| WK Workiva Inc. | Add +6.6% | 0.62% | +0.07 |
| LFUS Littelfuse Inc. | Add +1.4% | 2.15% | +0.05 |
| XEL Xcel Energy Inc. | Add +2.8% | 0.23% | +0.04 |
| AMP Ameriprise Financial Inc. | Add +34.2% | 0.12% | +0.04 |
| ADP Automatic Data Processing | Add +1.8% | 0.28% | +0.04 |
| TXN Texas Instruments Inc. | Add +3.2% | 0.44% | +0.03 |
| KNF Knife River Corp. | Add +7.5% | 0.11% | +0.03 |
| FUL H.B. Fuller Co. | Add +0.8% | 1.64% | +0.02 |
| AZEK The Azek Co. Inc. | Add +8.5% | 0.13% | +0.02 |
| LTH Life Time Group Holdings Inc. | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +2.9% | 0.12% | +0.01 |
| NEOG Neogen Corp. | Add +17.0% | 0.07% | +0.01 |
| EXAS Exact Sciences Corp. | Add +13.5% | 0.03% | +0.01 |
| MGPI MGP Ingredients Inc. | Add +2.9% | 0.10% | +0.01 |
| JBTM JBT Marel Corp. | Add +8.7% | 0.12% | +0.01 |
| ABBV Abbvie Inc. | Add +0.8% | 0.09% | +0.01 |
| VONE Vanguard Russell 1000 | New | 0.00% | +0.00 |
| SYK Stryker Corp. | Add +31.9% | 0.02% | +0.00 |
| AVY Avery Dennison Corp. | New | 0.00% | +0.00 |
| AJG Arthur J Gallagher & Co. | New | 0.00% | +0.00 |
| RSG Republic Services Inc. | New | 0.00% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.6% | 0.05% | +0.00 |
| APD Air Products & Chemicals Inc. | New | 0.00% | +0.00 |
| LOW Lowe's Cos Inc. | Add +2.3% | 0.02% | +0.00 |
| TT Trane Technologies PLC | Add +62.4% | 0.01% | +0.00 |
| BR Broadridge Financial Solutio | New | 0.00% | +0.00 |
| ADSK Autodesk Inc. | New | 0.00% | +0.00 |
| IBM Intl Business Machines Corp. | New | 0.00% | +0.00 |
| ROST Ross Stores Inc. | New | 0.00% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +38.3% | 0.01% | +0.00 |
| OTIS Otis Worldwide Corp. | New | 0.00% | +0.00 |
| CLFD Clearfield Inc. | Add +3.0% | 0.11% | +0.00 |
| LMT Lockheed Martin Corp. | Add +12.4% | 0.00% | +0.00 |
| OKLO Oklo Inc. | New | 0.00% | +0.00 |
| AWK American Water Works Co. Inc. | Add +6.7% | 0.01% | +0.00 |
| CB Chubb Ltd. | Add +1.5% | 0.01% | +0.00 |
| AVGO Broadcom Inc. | Add +7.1% | 0.01% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 254 | $10.9B | NVDA, MSFT, AMZN, GOOG, LLY |
| Q1 2026 | 245 | $9.8B | NVDA, MSFT, AMZN, GOOG, GGG |
| Q4 2025 | 243 | $10.4B | MSFT, NVDA, AMZN, GOOG, JPM |
| Q3 2025 | 248 | $10.6B | NVDA, MSFT, AMZN, JPM, GOOG |
| Q2 2025 | 235 | $10.1B | MSFT, NVDA, AMZN, JPM, GGG |
| Q1 2025 | 221 | $9.6B | MSFT, NVDA, UNH, AMZN, JPM |
| Q4 2024 | 229 | $10.3B | MSFT, NVDA, AMZN, UNH, GOOG |
| Q3 2024 | 228 | $10.6B | MSFT, NVDA, UNH, GOOG, AMZN |
| Q2 2024 | 222 | $10.3B | MSFT, NVDA, GOOG, AMZN, UNH |
| Q1 2024 | 226 | $10.3B | MSFT, NVDA, GOOG, AMZN, UNH |