Mairs & Power Inc 13F annual report
Mairs & Power Inc is an investment fund managing more than $10.3 trillion ran by Robert Mairs. There are currently 211 companies in Mr. Mairs’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $1.64 trillion.
$10.3 trillion Assets Under Management (AUM)
As of 7th August 2024, Mairs & Power Inc’s top holding is 1,957,122 shares of Microsoft currently worth over $875 billion and making up 8.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Mairs & Power Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 6,185,938 shares of NVIDIA Corp worth $764 billion, whose value fell 84.3% in the past six months.
The third-largest holding is Alphabet Inc worth $522 billion and the next is Amazon.com worth $454 billion, with 2,350,397 shares owned.
Currently, Mairs & Power Inc's portfolio is worth at least $10.3 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mairs & Power Inc
The Mairs & Power Inc office and employees reside in St Paul, Minnesota. According to the last 13-F report filed with the SEC, Robert Mairs serves as the Chief Compliance Officer at Mairs & Power Inc.
Recent trades
In the most recent 13F filing, Mairs & Power Inc revealed that it had opened a new position in
Solventum Corp and bought 44,492 shares worth $2.35 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
5,530,081 additional shares.
This makes their stake in NVIDIA Corp total 6,185,938 shares worth $764 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Mairs & Power Inc is getting rid of from its portfolio.
Mairs & Power Inc closed its position in Marcus on 14th August 2024.
It sold the previously owned 169,856 shares for $2.42 billion.
Robert Mairs also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $875 billion and 1,957,122 shares.
One of the largest hedge funds
The two most similar investment funds to Mairs & Power Inc are Tredje Ap-fonden and B. Metzler Seel. Sohn & Co. Ag. They manage $10.4 trillion and $10.4 trillion respectively.
Robert Mairs investment strategy
Mairs & Power Inc’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 32.0% of
the total portfolio value.
The fund focuses on investments in the United States as
64.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
47% of the total holdings value.
On the other hand, small-cap stocks make up only 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $121 billion.
The complete list of Mairs & Power Inc trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
Security | Shares Owned | Value | Allocation |
---|---|---|---|
Microsoft Corporation |
0.49%
1,957,122
|
$874,735,707,000 | 8.45% |
NVIDIA Corp |
843.18%
6,185,938
|
$764,210,716,000 | 7.38% |
Alphabet Inc |
12.09%
2,846,325
|
$522,033,737,000 | 5.04% |
Amazon.com Inc. |
3.28%
2,350,397
|
$454,214,220,000 | 4.39% |
Unitedhealth Group Inc |
3.46%
844,815
|
$430,230,520,000 | 4.16% |
JPMorgan Chase & Co. |
0.41%
1,723,515
|
$348,598,144,000 | 3.37% |
Eli Lilly & Co |
3.93%
350,150
|
$317,018,807,000 | 3.06% |
Toro Co. |
0.05%
3,246,014
|
$303,534,730,000 | 2.93% |
Graco Inc. |
0.81%
3,761,269
|
$298,193,353,000 | 2.88% |
Fiserv, Inc. |
0.91%
1,892,102
|
$281,998,882,000 | 2.72% |
Apple Inc |
36.38%
1,303,200
|
$274,480,017,000 | 2.65% |
Qualcomm, Inc. |
0.95%
1,300,270
|
$258,987,779,000 | 2.50% |
Medtronic Plc |
1.56%
2,939,942
|
$231,402,825,000 | 2.24% |
Littelfuse, Inc. |
1.03%
848,926
|
$216,976,996,000 | 2.10% |
Us Bancorp Del |
11.79%
5,159,501
|
$204,832,189,000 | 1.98% |
Ecolab, Inc. |
15.85%
834,391
|
$198,584,909,000 | 1.92% |
Bio-Techne Corp |
7.40%
2,740,392
|
$196,349,072,000 | 1.90% |
Alliant Energy Corp. |
15.36%
3,831,399
|
$195,018,209,000 | 1.88% |
Motorola Solutions Inc |
1.17%
494,963
|
$191,080,466,000 | 1.85% |
Verizon Communications Inc |
14.69%
4,593,086
|
$189,418,867,000 | 1.83% |
nVent Electric plc |
8.12%
2,416,977
|
$185,164,581,000 | 1.79% |
Visa Inc |
9.52%
686,966
|
$180,307,925,000 | 1.74% |
Johnson & Johnson |
2.86%
1,181,725
|
$172,720,916,000 | 1.67% |
Fuller H B Co |
1.41%
2,179,374
|
$167,724,625,000 | 1.62% |
Fastenal Co. |
1.07%
2,663,313
|
$167,362,608,000 | 1.62% |
Hormel Foods Corp. |
8.52%
5,075,509
|
$154,752,269,000 | 1.50% |
Wells Fargo Co New |
9.80%
2,406,731
|
$142,935,759,000 | 1.38% |
Sherwin-Williams Co. |
0.22%
459,953
|
$137,263,923,000 | 1.33% |
Honeywell International Inc |
7.14%
617,330
|
$131,824,547,000 | 1.27% |
Entegris Inc |
1.58%
932,538
|
$126,265,645,000 | 1.22% |
Tennant Co. |
2.14%
1,194,609
|
$117,597,310,000 | 1.14% |
Abbott Labs |
12.55%
1,092,796
|
$113,552,511,000 | 1.10% |
Rockwell Automation Inc |
5.09%
402,373
|
$110,765,234,000 | 1.07% |
Donaldson Co. Inc. |
6.38%
1,498,820
|
$107,255,526,000 | 1.04% |
Schwab Charles Corp |
1.41%
1,367,378
|
$100,762,085,000 | 0.97% |
Principal Financial Group In |
1.66%
1,207,976
|
$94,765,706,000 | 0.92% |
Sysco Corp. |
11.45%
1,124,295
|
$80,263,420,000 | 0.78% |
Target Corp |
0.75%
455,295
|
$67,401,878,000 | 0.65% |
Salesforce Inc |
3.92%
256,559
|
$65,961,319,000 | 0.64% |
Best Buy Co. Inc. |
7.48%
744,615
|
$62,763,598,000 | 0.61% |
Piper Sandler Companies |
1.14%
262,302
|
$60,374,051,000 | 0.58% |
C.H. Robinson Worldwide, Inc. |
1.94%
678,810
|
$59,816,731,000 | 0.58% |
Workiva Inc |
3.46%
783,410
|
$57,181,096,000 | 0.55% |
Home Depot, Inc. |
3.24%
163,637
|
$56,330,607,000 | 0.54% |
Caseys Gen Stores Inc |
4.15%
143,490
|
$54,750,044,000 | 0.53% |
American Express Co. |
3.03%
227,516
|
$52,681,401,000 | 0.51% |
Texas Instrs Inc |
6.58%
219,368
|
$42,673,657,000 | 0.41% |
Disney Walt Co |
6.44%
355,626
|
$35,310,108,000 | 0.34% |
Procter And Gamble Co |
4.26%
181,594
|
$29,948,424,000 | 0.29% |
Polaris Inc |
1.10%
361,645
|
$28,320,420,000 | 0.27% |
Ulta Beauty Inc |
12.70%
72,994
|
$28,166,195,000 | 0.27% |
Automatic Data Processing In |
10.84%
106,616
|
$25,448,173,000 | 0.25% |
Old Natl Bancorp Ind |
No change
1,473,316
|
$25,326,302,000 | 0.24% |
Generac Holdings Inc |
4.79%
190,653
|
$25,208,140,000 | 0.24% |
Badger Meter Inc. |
4.00%
128,205
|
$23,891,090,000 | 0.23% |
3M Co. |
2.84%
216,632
|
$22,137,575,000 | 0.21% |
Hershey Company |
5.45%
107,398
|
$19,742,974,000 | 0.19% |
Xcel Energy Inc. |
1.27%
359,756
|
$19,214,593,000 | 0.19% |
Travelers Companies Inc. |
1.77%
79,090
|
$16,082,161,000 | 0.16% |
United Parcel Service, Inc. |
22.72%
109,976
|
$15,050,237,000 | 0.15% |
AAR Corp. |
11.27%
178,119
|
$12,949,251,000 | 0.13% |
Altair Engr Inc |
5.68%
130,908
|
$12,839,457,000 | 0.12% |
Hub Group, Inc. |
1.29%
292,839
|
$12,606,719,000 | 0.12% |
Medpace Holdings Inc |
0.07%
28,809
|
$11,864,987,000 | 0.11% |
John Bean Technologies Corp |
9.34%
122,627
|
$11,645,886,000 | 0.11% |
Azek Co Inc |
6.37%
262,415
|
$11,055,544,000 | 0.11% |
Meta Platforms Inc |
26.65%
21,592
|
$10,887,118,000 | 0.11% |
Clearfield Inc |
8.69%
281,696
|
$10,862,198,000 | 0.10% |
Berkshire Hathaway Inc. |
0.32%
26,385
|
$14,404,423,000 | 0.14% |
Plexus Corp. |
0.38%
99,562
|
$10,272,807,000 | 0.10% |
Wintrust Finl Corp |
16.88%
100,705
|
$9,925,485,000 | 0.10% |
MGP Ingredients, Inc. |
23.69%
130,228
|
$9,688,963,000 | 0.09% |
Gentherm Inc |
3.84%
183,998
|
$9,074,781,000 | 0.09% |
Associated Banc-Corp. |
11.43%
420,295
|
$8,889,239,000 | 0.09% |
Cullen Frost Bankers Inc. |
11.36%
87,066
|
$8,848,518,000 | 0.09% |
Ameriprise Finl Inc |
200.55%
20,633
|
$8,814,211,000 | 0.09% |
Inspire Med Sys Inc |
7.85%
63,833
|
$8,542,770,000 | 0.08% |
General Mls Inc |
4.13%
132,536
|
$8,384,227,000 | 0.08% |
Knife River Corp |
8.11%
118,150
|
$8,287,041,000 | 0.08% |
Qcr Holdings Inc |
13.52%
136,408
|
$8,184,480,000 | 0.08% |
Abbvie Inc |
6.23%
46,351
|
$7,950,124,000 | 0.08% |
Black Hills Corporation |
0.06%
140,715
|
$7,652,082,000 | 0.07% |
Emerson Elec Co |
3.60%
68,718
|
$7,569,975,000 | 0.07% |
Glacier Bancorp, Inc. |
9.13%
195,440
|
$7,293,821,000 | 0.07% |
Northwestern Energy Group In |
0.08%
137,385
|
$6,880,241,000 | 0.07% |
Jamf Hldg Corp |
7.70%
411,644
|
$6,792,126,000 | 0.07% |
Merck & Co Inc |
3.80%
54,851
|
$6,790,554,000 | 0.07% |
Neogen Corp. |
13.75%
391,857
|
$6,124,724,000 | 0.06% |
Palo Alto Networks Inc |
0.94%
17,173
|
$5,821,819,000 | 0.06% |
Caterpillar Inc. |
1.99%
17,088
|
$5,692,013,000 | 0.06% |
Pentair plc |
20.25%
72,900
|
$5,589,243,000 | 0.05% |
Schwab Strategic Tr |
1.39%
102,852
|
$6,099,555,000 | 0.06% |
Oshkosh Corp |
0.04%
50,465
|
$5,460,313,000 | 0.05% |
Spdr S&p 500 Etf Tr |
60.78%
8,893
|
$4,839,790,000 | 0.05% |
Mcdonalds Corp |
21.78%
16,431
|
$4,187,208,000 | 0.04% |
Exxon Mobil Corp. |
18.00%
36,251
|
$4,173,215,000 | 0.04% |
Corning, Inc. |
14.67%
107,055
|
$4,159,087,000 | 0.04% |
Chevron Corp. |
7.23%
22,595
|
$3,534,310,000 | 0.03% |
Costco Whsl Corp New |
18.45%
3,734
|
$3,173,863,000 | 0.03% |
Ishares Tr |
4.32%
22,637
|
$5,038,386,000 | 0.05% |
Pfizer Inc. |
17.47%
111,735
|
$3,126,345,000 | 0.03% |
Conocophillips |
5.98%
26,707
|
$3,054,747,000 | 0.03% |
Cintas Corporation |
No change
3,774
|
$2,642,781,000 | 0.03% |
Woodward Inc |
No change
14,000
|
$2,441,320,000 | 0.02% |
Marcus Corp. |
Closed
169,856
|
$2,422,147,000 | |
Solventum Corp |
Opened
44,492
|
$2,352,737,000 | 0.02% |
Baxter International Inc. |
23.67%
61,308
|
$2,050,753,000 | 0.02% |
Alerus Finl Corp |
21.18%
97,964
|
$1,921,074,000 | 0.02% |
AMGEN Inc. |
18.33%
5,950
|
$1,859,078,000 | 0.02% |
Oracle Corp. |
49.72%
13,090
|
$1,848,308,000 | 0.02% |
Becton Dickinson & Co. |
No change
7,749
|
$1,811,019,000 | 0.02% |
Select Sector Spdr Tr |
5.44%
7,989
|
$1,807,398,000 | 0.02% |
Zimmer Biomet Holdings Inc |
1.21%
16,300
|
$1,769,039,000 | 0.02% |
Applied Matls Inc |
No change
7,477
|
$1,764,497,000 | 0.02% |
Cvrx Inc |
39.76%
139,621
|
$1,674,056,000 | 0.02% |
Kimberly-Clark Corp. |
4.95%
11,989
|
$1,656,880,000 | 0.02% |
Exact Sciences Corp. |
61.16%
38,525
|
$1,627,681,000 | 0.02% |
Amcor Plc |
0.24%
154,010
|
$1,506,218,000 | 0.01% |
Lowes Cos Inc |
2.31%
6,728
|
$1,483,255,000 | 0.01% |
Coca-Cola Co |
6.89%
22,910
|
$1,458,222,000 | 0.01% |
Stryker Corp. |
No change
4,000
|
$1,361,000,000 | 0.01% |
Pepsico Inc |
8.53%
7,925
|
$1,307,070,000 | 0.01% |
Weyerhaeuser Co Mtn Be |
2.13%
45,945
|
$1,304,379,000 | 0.01% |
Skywater Technology Inc |
No change
168,870
|
$1,291,856,000 | 0.01% |
Union Pac Corp |
3.92%
5,509
|
$1,246,466,000 | 0.01% |
GE Aerospace |
14.10%
7,783
|
$1,237,264,000 | 0.01% |
Bristol-Myers Squibb Co. |
36.81%
29,382
|
$1,220,234,000 | 0.01% |
Idexx Labs Inc |
3.10%
2,502
|
$1,218,974,000 | 0.01% |
Hawkins Inc |
No change
13,320
|
$1,212,120,000 | 0.01% |
Vericel Corp |
No change
25,915
|
$1,188,980,000 | 0.01% |
Snap-on, Inc. |
21.07%
4,365
|
$1,140,967,000 | 0.01% |
Mosaic Co New |
No change
39,000
|
$1,127,100,000 | 0.01% |
Intel Corp. |
19.37%
35,788
|
$1,108,354,000 | 0.01% |
Northern Tr Corp |
86.33%
12,857
|
$1,079,731,000 | 0.01% |
Adobe Inc |
1.96%
1,920
|
$1,066,637,000 | 0.01% |
Phillips 66 |
No change
7,400
|
$1,044,658,000 | 0.01% |
Shell Plc |
No change
13,920
|
$1,004,746,000 | 0.01% |
Thermo Fisher Scientific Inc. |
17.46%
1,810
|
$1,000,930,000 | 0.01% |
Patterson Cos Inc |
No change
39,150
|
$944,298,000 | 0.01% |
Bank America Corp |
1.25%
23,732
|
$943,822,000 | 0.01% |
Walmart Inc |
24.34%
13,618
|
$922,075,000 | 0.01% |
RTX Corp |
22.03%
9,051
|
$908,630,000 | 0.01% |
Cisco Sys Inc |
3.86%
18,308
|
$869,813,000 | 0.01% |
Idex Corporation |
No change
4,000
|
$804,800,000 | 0.01% |
Boston Scientific Corp. |
1.91%
10,269
|
$790,816,000 | 0.01% |
Bank Montreal Que |
No change
9,000
|
$754,650,000 | 0.01% |
NextEra Energy Inc |
150.12%
10,040
|
$710,932,000 | 0.01% |
Norfolk Southn Corp |
16.04%
3,062
|
$657,381,000 | 0.01% |
American Wtr Wks Co Inc New |
No change
5,000
|
$645,800,000 | 0.01% |
Allete, Inc. |
4.61%
10,338
|
$644,574,000 | 0.01% |
Schlumberger Ltd. |
6.86%
13,575
|
$640,469,000 | 0.01% |
Chubb Limited |
23.52%
2,309
|
$588,980,000 | 0.01% |
NVE Corp |
No change
7,300
|
$545,237,000 | 0.01% |
BP plc |
No change
14,850
|
$536,085,000 | 0.01% |
Spdr S&p Midcap 400 Etf Tr |
Opened
985
|
$527,054,000 | 0.01% |
United Fire Group Inc |
No change
24,000
|
$515,760,000 | 0.00% |
Sturm, Ruger & Co., Inc. |
No change
12,000
|
$499,800,000 | 0.00% |
Broadcom Inc |
12.82%
308
|
$494,503,000 | 0.00% |
Canadian Imperial Bk Comm To |
No change
10,176
|
$483,767,000 | 0.00% |
Huntington Bancshares, Inc. |
No change
36,128
|
$476,167,000 | 0.00% |
Vanguard Specialized Funds |
11.84%
2,607
|
$475,908,000 | 0.00% |
Brady Corp. |
No change
7,000
|
$462,140,000 | 0.00% |
Vanguard Index Fds |
1.06%
2,059
|
$670,954,000 | 0.01% |
Surmodics, Inc. |
No change
10,000
|
$420,400,000 | 0.00% |
Boeing Co. |
10.47%
2,268
|
$412,799,000 | 0.00% |
Mastercard Incorporated |
27.47%
924
|
$407,632,000 | 0.00% |
Illinois Tool Wks Inc |
1.74%
1,699
|
$402,595,000 | 0.00% |
American Tower Corp. |
No change
2,020
|
$392,648,000 | 0.00% |
Trane Technologies plc |
1.31%
1,129
|
$371,362,000 | 0.00% |
Lockheed Martin Corp. |
13.94%
790
|
$369,009,000 | 0.00% |
Paychex Inc. |
7.52%
3,015
|
$357,458,000 | 0.00% |
AT&T Inc. |
0.81%
18,533
|
$354,166,000 | 0.00% |
Nuveen Minn Quality Mun Inm |
Closed
31,200
|
$350,803,000 | |
Vanguard Index Fds |
Opened
2,271
|
$556,028,000 | 0.01% |
Healthpeak Properties Inc. |
0.41%
17,663
|
$346,195,000 | 0.00% |
Newmont Corp |
No change
8,000
|
$334,960,000 | 0.00% |
Ge Vernova Inc |
Opened
1,942
|
$333,072,000 | 0.00% |
WEC Energy Group Inc |
5.00%
4,200
|
$329,532,000 | 0.00% |
Zoetis Inc |
0.68%
1,900
|
$329,384,000 | 0.00% |
Nike, Inc. |
9.20%
4,274
|
$322,131,000 | 0.00% |
Chipotle Mexican Grill |
4,900.00%
5,000
|
$313,250,000 | 0.00% |
Cleveland-Cliffs Inc |
23.08%
20,000
|
$307,800,000 | 0.00% |
Tjx Cos Inc New |
No change
2,759
|
$303,766,000 | 0.00% |
Philip Morris International Inc |
41.24%
2,800
|
$283,724,000 | 0.00% |
Marsh & McLennan Cos., Inc. |
38.57%
1,338
|
$281,943,000 | 0.00% |
Deere & Co. |
13.42%
742
|
$277,233,000 | 0.00% |
MSA Safety Inc |
2.65%
1,470
|
$275,904,000 | 0.00% |
Tesla Inc |
Closed
1,554
|
$273,178,000 | |
Advanced Micro Devices Inc. |
10.94%
1,673
|
$271,377,000 | 0.00% |
Sonoco Prods Co |
No change
5,000
|
$253,600,000 | 0.00% |
United Rentals, Inc. |
Closed
345
|
$248,783,000 | |
Carrier Global Corporation |
5.10%
3,867
|
$243,930,000 | 0.00% |
Waste Mgmt Inc Del |
11.40%
1,114
|
$237,661,000 | 0.00% |
Harley-Davidson, Inc. |
42.03%
7,000
|
$234,780,000 | 0.00% |
Altria Group Inc. |
0.06%
5,046
|
$229,823,000 | 0.00% |
Bank Hawaii Corp |
No change
4,000
|
$228,840,000 | 0.00% |
Linde Plc. |
No change
515
|
$225,987,000 | 0.00% |
Starbucks Corp. |
8.89%
2,899
|
$225,676,000 | 0.00% |
Mondelez International Inc. |
7.57%
3,393
|
$222,038,000 | 0.00% |
Danaher Corp. |
1.34%
884
|
$220,867,000 | 0.00% |
Genuine Parts Co. |
7.35%
1,575
|
$217,854,000 | 0.00% |
Comcast Corp New |
18.60%
5,554
|
$217,495,000 | 0.00% |
Colgate-Palmolive Co. |
24.57%
2,226
|
$216,011,000 | 0.00% |
Cardinal Health, Inc. |
No change
2,197
|
$216,009,000 | 0.00% |
Sei Invts Co |
No change
3,300
|
$213,477,000 | 0.00% |
International Business Machs |
Closed
1,117
|
$213,302,000 | |
Autodesk Inc. |
Closed
800
|
$208,336,000 | |
Ford Mtr Co Del |
Closed
15,600
|
$207,168,000 | |
Digi International, Inc. |
No change
9,000
|
$206,370,000 | 0.00% |
Murphy Oil Corp. |
No change
5,000
|
$206,200,000 | 0.00% |
HP Inc |
Opened
5,814
|
$203,606,000 | 0.00% |
Accenture Plc Ireland |
No change
671
|
$203,588,000 | 0.00% |
Regions Financial Corp. |
Opened
10,115
|
$202,705,000 | 0.00% |
Marathon Pete Corp |
Closed
1,000
|
$201,500,000 | |
Ishares Tr |
Closed
2,385
|
$200,555,000 | |
Daktronics Inc. |
Closed
19,000
|
$189,240,000 | |
Smith & Wesson Brands, Inc. |
No change
10,000
|
$143,400,000 | 0.00% |
Axogen Inc. |
No change
17,000
|
$123,080,000 | 0.00% |
The Shyft Group, Inc. |
No change
10,000
|
$118,600,000 | 0.00% |
Snap Inc |
Closed
10,000
|
$114,800,000 | |
Arcadium Lithium Plc |
No change
13,925
|
$46,788,000 | 0.00% |
Plug Power Inc |
No change
10,000
|
$23,300,000 | 0.00% |
No transactions found | |||
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