N-PORT filing recap · September 2024

What did Mairs & Power Fund buy in September 2024?

Reported stock-position changes between this filing and the previous one. These are Mairs & Power Fund's own holdings, not the firm's.

Stock value

$5.51B

Positions

Estimated turnover

5.2%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Mairs & Power Fund opened a new position in Kraft Heinz and exited Polaris entirely. It also added to Visa and C.H. Robinson Worldwide, while substantially trimming Principal Financial Group, Sysco, and Honeywell International.

New positions

KHCKraft Heinz Co$28.79Mreported value+820.0K shares

Increased positions

UNHUnitedHealth Group Incorporated$332.10Mreported value+37.0K shares+7.0%AAPLApple Inc.$226.90Mreported value+27.0K shares+2.9%GGGGraco Inc.$180.25Mreported value+15.0K shares+0.7%LNTAlliant Energy Corp$179.22Mreported value+81.0K shares

Reduced positions

USBUS Bancorp$129.83Mreported value-278.0K shares-8.9%JNJJohnson & Johnson$75.52Mreported value-47.3K shares-9.2%WFCWells Fargo & Company/mn$64.43Mreported value-50.0K shares-4.2%SCHWSchwab Charles Corp$43.42Mreported value-150.0K shares

Exited positions

PIIPolaris Inc.$17.07Mprior reported value-218.0K shares-100.0%