Mairs & Power Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Mairs & Power Inc. reported 229 stock positions worth $10.3 billion. Its top holding was Microsoft (MSFT) at 8.0% of the portfolio, followed by Nvidia (NVDA, 7.6%) and Amazon.com (AMZN, 5.0%). Compared with Q3 2024, it opened 8 new positions, sold out of 7, added to 60 and reduced 107. The biggest buy was Amazon.com (AMZN, shares +0%) and the biggest sale Medtronic (MDT, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- St Paul, MN
- CIK
- 0001070134
- Portfolio Value
- $10.3B (Q4 2024)
- SEC Filing
- 0001172661-25-000936 ↗ filed Feb 14, 2025
Holdings Value
Holdings 229 stocks · $10.3B
| MSFT Microsoft Corp. | 8.03% | 1,969,379 | $830.1M | Add +0.7% |
| NVDA Nvidia Corp. | 7.64% | 5,884,992 | $790.3M | Reduce -2.5% |
| AMZN Amazon.com Inc. | 5.02% | 2,363,488 | $518.5M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 4.25% | 868,407 | $439.3M | Reduce -2.6% |
| GOOG Alphabet Inc. Class C | 4.01% | 2,177,364 | $414.7M | Reduce -20.6% |
| JPM JPMorgan Chase & Co. | 3.98% | 1,714,289 | $410.9M | Reduce -0.3% |
| FISV Fiserv Inc. | 3.72% | 1,871,409 | $384.4M | Reduce -1.2% |
| AAPL Apple Inc. | 3.28% | 1,353,586 | $339.0M | Add +0.5% |
| GGG Graco Inc. | 3.23% | 3,957,203 | $333.6M | Add +0.6% |
| TTC Toro Co. | 2.78% | 3,593,482 | $287.8M | Add +4.7% |
| V Visa Inc. Class A | 2.55% | 835,325 | $264.0M | Add +5.9% |
| LLY Eli Lilly & Co. | 2.53% | 339,267 | $261.9M | Reduce -0.8% |
| LNT Alliant Energy Corp. | 2.24% | 3,913,967 | $231.5M | Reduce -4.4% |
| MSI Motorola Solutions Inc. | 2.17% | 484,538 | $224.0M | Reduce -0.9% |
| LFUS Littelfuse Inc. | 2.00% | 875,381 | $206.3M | Add +1.7% |
| QCOM Qualcomm Inc. | 1.96% | 1,318,445 | $202.5M | Add +1.0% |
| USB US Bancorp | 1.95% | 4,206,238 | $201.2M | Reduce -7.6% |
| FAST Fastenal Co. | 1.88% | 2,709,431 | $194.8M | Reduce -0.8% |
| TECH Bio-Techne Corp. | 1.86% | 2,673,768 | $192.6M | Reduce -0.8% |
| ECL Ecolab Inc. | 1.78% | 783,309 | $183.5M | Reduce -1.4% |
| SHW The Sherwin-Williams Co. | 1.58% | 481,781 | $163.8M | Reduce -0.2% |
| WFC Wells Fargo & Co. | 1.57% | 2,310,552 | $162.3M | Reduce -0.6% |
| NVT Nvent Electric PLC | 1.56% | 2,361,455 | $161.0M | Reduce -1.0% |
| FUL H.B. Fuller Co. filed as FULLER H B CO | 1.44% | 2,211,223 | $149.2M | Add +0.6% |
| JNJ Johnson & Johnson | 1.43% | 1,025,376 | $148.3M | Reduce -8.2% |
| VZ Verizon Communications Inc. | 1.33% | 3,449,480 | $137.9M | Reduce -28.0% |
| HRL Hormel Foods Corp. | 1.29% | 4,258,565 | $133.6M | Reduce -15.6% |
| ABT Abbott Laboratories | 1.18% | 1,076,915 | $121.8M | Reduce -0.8% |
| ROK Rockwell Automation Inc. | 1.16% | 418,809 | $119.7M | Add +1.1% |
| TNC Tennant Co. | 1.12% | 1,419,695 | $115.7M | Add +6.3% |
| ENTG Entegris Inc. | 0.90% | 938,273 | $92.9M | Reduce -10.1% |
| DCI Donaldson Co. Inc. | 0.85% | 1,309,975 | $88.2M | Reduce -4.5% |
| CHRW C.H. Robinson Worldwide Inc. | 0.85% | 853,541 | $88.2M | Add +2.2% |
| SCHW Schwab (charles) Corp. | 0.79% | 1,097,556 | $81.2M | Reduce -9.9% |
| CRM Salesforce Inc. | 0.78% | 241,391 | $80.7M | Reduce -0.7% |
| WK Workiva Inc. | 0.78% | 734,030 | $80.4M | Reduce -12.1% |
| HON Honeywell International Inc. | 0.78% | 355,510 | $80.3M | Reduce -17.2% |
| PIPR Piper Sandler Cos | 0.70% | 241,622 | $72.5M | Reduce -1.7% |
| WEC WEC Energy Group Inc. | 0.69% | 763,758 | $71.8M | Add +18528.2% |
| BBY Best Buy Co. Inc. | 0.62% | 746,044 | $64.0M | Reduce -0.0% |
| PFG Principal Financial Group | 0.62% | 823,478 | $63.7M | Reduce -5.3% |
| AXP American Express Co. | 0.61% | 210,790 | $62.6M | Reduce -3.3% |
| HD Home Depot Inc. | 0.61% | 160,813 | $62.6M | Reduce -1.3% |
| MDT Medtronic PLC | 0.60% | 775,359 | $61.9M | Reduce -60.6% |
| TGT Target Corp. | 0.58% | 446,990 | $60.4M | Reduce -1.6% |
| CASY Casey's General Stores Inc. | 0.53% | 137,749 | $54.6M | Reduce -0.5% |
| TXN Texas Instruments Inc. | 0.42% | 229,811 | $43.1M | Add +1.5% |
| KHC The Kraft Heinz Co. | 0.41% | 1,386,267 | $42.6M | Add +66.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 328,587 | $36.6M | Reduce -2.7% |
| ADP Automatic Data Processing | 0.31% | 108,414 | $31.7M | Reduce -0.1% |
| SYY Sysco Corp. | 0.30% | 409,312 | $31.3M | Reduce -44.9% |
| ULTA Ulta Beauty Inc. | 0.30% | 71,782 | $31.2M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.28% | 171,869 | $28.8M | Add +2.0% |
| GNRC Generac Holdings Inc. | 0.25% | 167,684 | $26.0M | Reduce -8.3% |
| MMM 3M Co. | 0.25% | 200,531 | $25.9M | Reduce -4.2% |
| BMI Badger Meter Inc. | 0.25% | 121,901 | $25.9M | Reduce -2.0% |
| XEL Xcel Energy Inc. | 0.25% | 375,289 | $25.3M | Add +1.4% |
| ONB Old National Bancorp | 0.20% | 951,362 | $20.6M | Reduce -4.1% |
| TRV The Travelers Cos Inc. | 0.17% | 74,178 | $17.9M | Reduce -4.2% |
| JBTM JBT Marel Corp. filed as JOHN BEAN TECHNOLOGIES CORP | 0.16% | 130,382 | $16.6M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 0.15% | 26,312 | $15.4M | Add +18.4% |
| AMP Ameriprise Financial Inc. | 0.14% | 28,161 | $15.0M | Add +1.7% |
| AZEK The Azek Co. Inc. | 0.13% | 284,575 | $13.5M | Reduce -0.1% |
| HSY The Hershey Co. | 0.13% | 78,346 | $13.3M | Reduce -25.4% |
| CLFD Clearfield Inc. | 0.13% | 419,206 | $13.0M | Add +44.5% |
| KNF Knife River Corp. | 0.12% | 126,935 | $12.9M | Reduce -0.1% |
| PLXS Plexus Corp. | 0.12% | 81,909 | $12.8M | Reduce -7.7% |
| HUBG Hub Group Inc. Class A | 0.12% | 283,299 | $12.6M | Reduce -0.1% |
| INSP Inspire Medical Systems Inc. | 0.12% | 64,671 | $12.0M | Add +5.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 25,993 | $11.8M | Add +3.8% |
| AIR Aar Corp. | 0.11% | 187,949 | $11.5M | Reduce -0.0% |
| MEDP Medpace Holdings Inc. | 0.10% | 32,408 | $10.8M | Add +8.9% |
| WTFC Wintrust Financial Corp. | 0.10% | 86,135 | $10.7M | Reduce -0.1% |
| CFR Cullen/Frost Bankers Inc. | 0.10% | 73,401 | $9.9M | Reduce -0.5% |
| QCRH QCR Holdings Inc. | 0.09% | 119,938 | $9.7M | Reduce -0.1% |
| ASB Associated Banc-Corp. | 0.08% | 366,577 | $8.8M | Reduce -0.6% |
| BKH Black Hills Corp. | 0.08% | 140,345 | $8.2M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.08% | 64,529 | $8.1M | Reduce -20.5% |
| ABBV Abbvie Inc. | 0.08% | 45,770 | $8.1M | Reduce -2.1% |
| EMR Emerson Electric Co. | 0.08% | 63,878 | $7.9M | Reduce -2.8% |
| GIS General Mills Inc. | 0.08% | 123,052 | $7.8M | Reduce -2.2% |
| GBCI Glacier Bancorp Inc. | 0.07% | 151,880 | $7.6M | Reduce -0.1% |
| THRM Gentherm Inc. | 0.07% | 189,628 | $7.6M | Add +1.0% |
| NWE Northwestern Energy Group Inc. | 0.07% | 136,995 | $7.3M | Reduce -0.1% |
| PNR Pentair PLC | 0.06% | 65,240 | $6.6M | Reduce -3.5% |
| CAT Caterpillar Inc. | 0.06% | 16,693 | $6.1M | Add +0.7% |
| MGPI MGP Ingredients Inc. | 0.06% | 152,488 | $6.0M | Add +13.8% |
| SCHB Schwab US Broad Market ETF | 0.06% | 261,246 | $5.9M | No change |
| NEOG Neogen Corp. | 0.05% | 466,808 | $5.7M | Add +1.8% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.05% | 398,981 | $5.6M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.05% | 53,900 | $5.4M | Add +1.0% |
| PANW Palo Alto Networks Inc. | 0.05% | 29,356 | $5.3M | Reduce -5.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 9,016 | $5.3M | Reduce -4.0% |
| GOOGL Alphabet Inc. Class A | 0.05% | 25,891 | $4.9M | Reduce -10.6% |
| OSK Oshkosh Corp. | 0.05% | 50,260 | $4.8M | Reduce -0.0% |
| MCD McDonald's Corp. | 0.05% | 16,378 | $4.7M | Add +1.0% |
| GLW Corning Inc. | 0.04% | 92,270 | $4.4M | Reduce -7.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.04% | 6 | $4.1M | No change |
| XOM Exxon Mobil Corp. | 0.03% | 32,289 | $3.5M | Reduce -0.9% |
| EXAS Exact Sciences Corp. | 0.03% | 60,410 | $3.4M | Add +38.2% |
Portfolio Sells Q3 2024 → Q4 2024
| MDT Medtronic PLC | Reduce -60.6% | 0.60% | −1.07 |
| VZ Verizon Communications Inc. | Reduce -28.0% | 1.33% | −0.69 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 4.25% | −0.65 |
| LLY Eli Lilly & Co. | Reduce -0.8% | 2.53% | −0.32 |
| GOOG Alphabet Inc. Class C | Reduce -20.6% | 4.01% | −0.30 |
| JNJ Johnson & Johnson | Reduce -8.2% | 1.43% | −0.27 |
| SYY Sysco Corp. | Reduce -44.9% | 0.30% | −0.24 |
| HRL Hormel Foods Corp. | Reduce -15.6% | 1.29% | −0.21 |
| ENTG Entegris Inc. | Reduce -10.1% | 0.90% | −0.21 |
| TECH Bio-Techne Corp. | Reduce -0.8% | 1.86% | −0.16 |
| SHW The Sherwin-Williams Co. | Reduce -0.2% | 1.58% | −0.15 |
| ECL Ecolab Inc. | Reduce -1.4% | 1.78% | −0.13 |
| ALTR Altair Engineering Inc. Class A | Reduce -96.5% | 0.00% | −0.11 |
| BBY Best Buy Co. Inc. | Reduce -0.0% | 0.62% | −0.11 |
| LNT Alliant Energy Corp. | Reduce -4.4% | 2.24% | −0.10 |
| DCI Donaldson Co. Inc. | Reduce -4.5% | 0.85% | −0.10 |
| PFG Principal Financial Group | Reduce -5.3% | 0.62% | −0.09 |
| TGT Target Corp. | Reduce -1.6% | 0.58% | −0.08 |
| HSY The Hershey Co. | Reduce -25.4% | 0.13% | −0.06 |
| HON Honeywell International Inc. | Reduce -17.2% | 0.78% | −0.06 |
| PII Polaris Inc. | Reduce -27.9% | 0.03% | −0.03 |
| UPS United Parcel Service Class B | Reduce -20.5% | 0.08% | −0.03 |
| GNRC Generac Holdings Inc. | Reduce -8.3% | 0.25% | −0.02 |
| NVT Nvent Electric PLC | Reduce -1.0% | 1.56% | −0.02 |
| MMM 3M Co. | Reduce -4.2% | 0.25% | −0.02 |
| HD Home Depot Inc. | Reduce -1.3% | 0.61% | −0.02 |
| USB US Bancorp | Reduce -7.6% | 1.95% | −0.01 |
| JAMF Jamf Holding Corp. | Reduce -1.1% | 0.05% | −0.01 |
| GIS General Mills Inc. | Reduce -2.2% | 0.08% | −0.01 |
| ABBV Abbvie Inc. | Reduce -2.1% | 0.08% | −0.01 |
| PFE Pfizer Inc. | Reduce -23.2% | 0.02% | −0.01 |
| BAX Baxter International Inc. | Reduce -15.7% | 0.01% | −0.01 |
| BMI Badger Meter Inc. | Reduce -2.0% | 0.25% | −0.01 |
| WY Weyerhaeuser Co. | Reduce -20.7% | 0.01% | −0.00 |
| AIR Aar Corp. | Reduce -0.0% | 0.11% | −0.00 |
| AMGN Amgen Inc. | Reduce -5.7% | 0.01% | −0.00 |
| SOLV Solventum Corp. | Reduce -10.1% | 0.02% | −0.00 |
| ALRS Alerus Financial Corp. | Reduce -0.1% | 0.02% | −0.00 |
| NWE Northwestern Energy Group Inc. | Reduce -0.1% | 0.07% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -35.3% | 0.00% | −0.00 |
| MOS The Mosaic Co. | Reduce -22.4% | 0.01% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -43.4% | 0.00% | −0.00 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.00 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.03% | −0.00 |
| IDXX Idexx Laboratories Inc. | Reduce -4.0% | 0.01% | −0.00 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.00 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.00 |
| AMCR Amcor PLC | Reduce -2.3% | 0.01% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| AMZN Amazon.com Inc. | Add +0.0% | 5.02% | +0.87 |
| WEC WEC Energy Group Inc. | Add +18528.2% | 0.69% | +0.69 |
| V Visa Inc. Class A | Add +5.9% | 2.55% | +0.51 |
| AAPL Apple Inc. | Add +0.5% | 3.28% | +0.33 |
| KHC The Kraft Heinz Co. | Add +66.7% | 0.41% | +0.14 |
| MSFT Microsoft Corp. | Add +0.7% | 8.03% | +0.12 |
| ROK Rockwell Automation Inc. | Add +1.1% | 1.16% | +0.11 |
| META Meta Platforms Inc. Class A | Add +18.4% | 0.15% | +0.03 |
| AMP Ameriprise Financial Inc. | Add +1.7% | 0.14% | +0.02 |
| CLFD Clearfield Inc. | Add +44.5% | 0.13% | +0.02 |
| XEL Xcel Energy Inc. | Add +1.4% | 0.25% | +0.02 |
| CWAN Clearwater Analytics HDS-A | New | 0.02% | +0.02 |
| MEDP Medpace Holdings Inc. | Add +8.9% | 0.10% | +0.01 |
| LTH Life Time Group Holdings Inc. | Add +67.0% | 0.02% | +0.01 |
| DD Dupont DE Nemours Inc. | New | 0.01% | +0.01 |
| IWF iShares Russell 1000 Growth | New | 0.01% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.8% | 0.11% | +0.01 |
| CTVA Corteva Inc. | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +207.0% | 0.01% | +0.01 |
| EXAS Exact Sciences Corp. | Add +38.2% | 0.03% | +0.00 |
| DOW Dow Inc. | New | 0.00% | +0.00 |
| PG The Procter & Gamble Co. | Add +2.0% | 0.28% | +0.00 |
| TSLA Tesla Inc. | New | 0.00% | +0.00 |
| TTD Trade Desk Inc./the Class A | New | 0.00% | +0.00 |
| DFAE Dimensional Emerging Core Eq | New | 0.00% | +0.00 |
| SNA Snap-on Inc. | Add +1.5% | 0.01% | +0.00 |
| OKLO Oklo Inc. | Add +2.9% | 0.00% | +0.00 |
| COP Conocophillips | Add +10.7% | 0.03% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Add +0.7% | 0.01% | +0.00 |
| WMT Walmart Inc. | Add +2.4% | 0.01% | +0.00 |
| CSCO Cisco Systems Inc. | Add +2.9% | 0.01% | +0.00 |
| ORCL Oracle Corp. | Add +6.2% | 0.02% | +0.00 |
| XLK SS Technology Select Sector | Add +3.5% | 0.01% | +0.00 |
| MDY State Street SPDR S&P Midcap | Add +23.9% | 0.01% | +0.00 |
| BP BP PLC-Spons ADR | Add +62.1% | 0.00% | +0.00 |
| BA The Boeing Co. | Add +7.4% | 0.00% | +0.00 |
| AJG Arthur J Gallagher & Co. | Add +18.4% | 0.00% | +0.00 |
| GEV GE Vernova Inc. | Add +4.1% | 0.00% | +0.00 |
| PSX Phillips 66 | Add +23.9% | 0.01% | +0.00 |
| MA Mastercard Inc. Class A | Add +6.5% | 0.01% | +0.00 |
| PM Philip Morris International | Add +9.8% | 0.00% | +0.00 |
| ACN Accenture PLC Class A | Add +14.7% | 0.00% | +0.00 |
| IBM Intl Business Machines Corp. | Add +9.8% | 0.00% | +0.00 |
| OTIS Otis Worldwide Corp. | Add +22.6% | 0.00% | +0.00 |
| MO Altria Group Inc. | Add +0.1% | 0.00% | +0.00 |
| HPQ HP Inc. | Add +10.7% | 0.00% | +0.00 |
| AMD Advanced Micro Devices | Add +27.5% | 0.00% | −0.00 |
| NSC Norfolk Southern Corp. | Add +1.7% | 0.01% | −0.00 |
| UNP Union Pacific Corp. | Add +3.6% | 0.01% | −0.00 |
| MCD McDonald's Corp. | Add +1.0% | 0.05% | −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 |