N-PORT filing recap · December 2024

What did Mairs & Power Fund buy in December 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

$5.37B

Positions

Estimated turnover

7.3%

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 new positions in Wec Energy Group and Clearfield, while exiting Honeywell International and Sysco Corporation. The fund substantially reduced its stakes in Alphabet and Verizon Communications, and trimmed Hormel Foods, Johnson & Johnson, Workiva, Schwab Charles, and Entegris. It also added substantially to Kraft Heinz.

New positions

WECWec Energy Group, Inc.$61.60Mreported value+655.0K shares CLFDClearfield, Inc.$2.48Mreported value+80.0K shares

Increased positions

TTCThe Toro Company$158.16Mreported value+120.0K shares+6.5%VVisa Inc.$145.06Mreported value+40.0K shares+9.5%RHHBYRoche Holding AG$108.74Mreported value+50.0K shares+1.6%TNCTennant Co$64.08Mreported value+50.0K shares

Reduced positions

NVDANvidia Corp$457.11Mreported value-119.2K shares-3.4%UNHUnitedHealth Group Incorporated$274.68Mreported value-25.0K shares-4.4%GOOGAlphabet Inc.$165.71Mreported value-481.3K shares-35.6%LNTAlliant Energy Corp$162.81Mreported value-200.0K shares

Exited positions

SYYSysco Corporation$14.05Mprior reported value-180.0K shares-100.0%HONHoneywell International Inc$7.52Mprior reported value-36.4K shares-100.0%