13F filing recap · Q3 2024

What did Mairs & Power buy in Q3 2024?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Mairs & Power account, including accounts that belong to no fund below.

Stock value

$10.63B

Positions

228

Estimated turnover

6.0%

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.

Quarter in review

Mairs & Power opened a new position in Kraft Heinz, along with smaller new stakes in Life Time Group Holdings and several other companies. The firm exited Healthpeak Properties, Murphy Oil, Paychex, Smith & Wesson Brands, Sonoco Products, Starbucks, and Linde. It substantially trimmed Polaris and sharply increased its Cintas holding, while making modest adjustments across many other positions.

New positions

KHCKraft Heinz Co$29.20Mreported value+831.8K shares LTHLife Time Group Holdings, Inc.$1.63Mreported value+66.6K shares VONEVanguard Scottsdale Funds$518.3Kreported value+2.0K shares AVYAvery Dennison Corporation$441.5Kreported value+2.0K shares

Increased positions

UNHUnitedHealth Group Incorporated$521.34Mreported value+46.8K shares+5.5%AMZNAmazon.com Inc$440.29Mreported value+12.6K shares+0.5%GGGGraco Inc.$344.09Mreported value+170.7K shares+4.5%FISVFiserv Inc$340.19Mreported value+1.5K shares

Reduced positions

MSFTMicrosoft Corporation$841.33Mreported value-1.9K shares-0.1%NVDANvidia Corp$733.14Mreported value-148.8K shares-2.4%GOOGAlphabet Inc.$458.68Mreported value-72.1K shares-2.6%JPMJPMorgan Chase & Co$362.76Mreported value-3.1K shares

Exited positions

PAYXPaychex, Inc.$357.5Kprior reported value-3.0K shares-100.0%DOCHealthpeak Properties, Inc.$346.2Kprior reported value-17.7K shares-100.0%SONSonoco Products Co$253.6Kprior reported value-5.0K shares-100.0%LINLinde Plc$226.0Kprior reported value-515 shares