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Q2 2026 · SEC CIK 0001070134

Mairs & Power Funds portfolio

SuperinvestorMutual fund managerMairs & Power Inc filed on 2026-08-14. Open SEC filings ↗

Reported 13F value
$10.9B
Reported positions
254
Eligible equities
206
Holdings vs S&P 500, 3 years
-2.5 pts

Average holding period of the top positions: 7.8 yrs. Holdings vs the S&P 500 over 1 and 5 years: -1.5 pts, -2.0 pts.

In its Q2 2026 13F, filed 2026-08-14, Mairs & Power Inc reported 254 positions worth $10.9B. Its largest holdings were NVIDIA CORPORATION (NVDA, 8.6%), MICROSOFT CORP (MSFT, 6.7%), AMAZON COM INC (AMZN, 5.7%). Over the last 3 years its top holdings ran 2.5 points a year behind the S&P 500.

Reported holdings in the Q2 2026 13F.

The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.

Mairs & Power Funds eligible holdings
Stock% of reported portfolioWeight changeReported value
NVDANVIDIA CORPORATION8.6%+0.16 pp$942.0M
MSFTMICROSOFT CORP6.7%-0.67 pp$727.7M
AMZNAMAZON COM INC5.7%+0.14 pp$619.6M
GOOGALPHABET INC5.5%+0.73 pp$594.8M
LLYELI LILLY & CO3.5%+0.48 pp$386.4M
NVTNVENT ELEC PLC3.2%+0.70 pp$348.2M
AAPLAPPLE INC3.0%-0.11 pp$329.4M
JPMJPMORGAN CHASE & CO2.8%-0.40 pp$302.3M
VVISA INC2.7%+0.08 pp$292.3M
GGGGRACO INC2.6%-0.67 pp$287.1M
LFUSLITTELFUSE INC2.5%+0.00 pp$274.2M
TTCTORO CO2.4%-0.20 pp$260.7M
ENTGENTEGRIS INC2.1%+0.54 pp$234.1M
UNHUNITEDHEALTH GROUP INC2.1%+0.09 pp$232.7M
TSMTAIWAN SEMICONDUCTOR MANUFAC2.1%+0.41 pp$227.4M
MSIMOTOROLA SOLUTIONS INC2.1%-0.32 pp$226.3M
ECLECOLAB INC2.0%-0.08 pp$216.6M
WECWEC ENERGY GROUP INC1.9%-0.34 pp$208.8M
PANWPALO ALTO NETWORKS INC1.9%+1.00 pp$204.6M
LNTALLIANT ENERGY CORP1.9%-0.26 pp$202.8M
TECHBIO-TECHNE CORP1.8%+0.28 pp$190.8M
METAMETA PLATFORMS INC1.7%-0.18 pp$187.5M
FASTFASTENAL CO1.7%-0.15 pp$185.9M
SHWSHERWIN WILLIAMS CO1.4%-0.04 pp$151.7M
CHRWC H ROBINSON WORLDWIDE IN1.3%-0.11 pp$145.2M
FULFULLER H B CO1.3%-0.19 pp$141.9M
VZVERIZON COMMUNICATIONS INC1.3%-0.42 pp$139.4M
WMWASTE MGMT INC DEL1.2%+0.27 pp$131.7M
ROKROCKWELL AUTOMATION INC1.2%+0.13 pp$127.6M
FISVFISERV INC1.0%-0.20 pp$112.5M
JNJJOHNSON & JOHNSON1.0%-0.46 pp$107.4M
AMPAMERIPRISE FINL INC0.9%+0.01 pp$98.2M
CGNXCOGNEX CORP0.9%+0.26 pp$94.7M
HRLHORMEL FOODS CORP0.8%-0.02 pp$84.3M
CASYCASEYS GEN STORES INC0.7%-0.05 pp$72.4M
WFCWELLS FARGO & CO0.7%-0.45 pp$72.1M
AJGGALLAGHER ARTHUR J & CO0.7%—$71.5M
ABTABBOTT LABORATORIES0.6%-0.15 pp$66.2M
TXNTEXAS INSTRS INC0.6%+0.14 pp$64.8M
TNCTENNANT CO0.5%+0.00 pp$59.7M
ISRGINTUITIVE SURGICAL INC0.5%+0.06 pp$58.2M
MMM3M CO0.5%-0.00 pp$56.6M
HDHOME DEPOT INC0.5%-0.02 pp$53.8M
TRVTRAVELERS COMPANIES INC0.5%+0.05 pp$51.7M
AXPAMERICAN EXPRESS CO0.5%-0.01 pp$49.3M
IDAIDACORP INC0.4%-0.01 pp$46.9M
MEDPMEDPACE HLDGS INC0.4%+0.00 pp$45.9M
CMECME GROUP INC0.4%—$43.2M
DCIDONALDSON INC0.4%-0.05 pp$41.6M
WKWORKIVA INC0.4%-0.07 pp$40.2M
PIPRPIPER SANDLER COMPANIES0.4%-0.07 pp$39.4M
SFMSPROUTS FMRS MKT INC0.4%+0.12 pp$38.2M
PGPROCTER & GAMBLE CO0.3%-0.03 pp$36.0M
USBUS BANCORP0.3%-0.01 pp$33.9M
ZTSZOETIS INC0.3%-0.06 pp$33.6M
QCOMQUALCOMM INC0.3%-0.32 pp$33.2M
XELXCEL ENERGY INC0.3%-0.04 pp$31.5M
BSYBENTLEY SYS INC0.3%+0.18 pp$29.0M
ADPAUTOMATIC DATA PROCESSING IN0.3%+0.00 pp$28.5M
MDTMEDTRONIC PLC0.3%-0.09 pp$28.4M
GNRCGENERAC HLDGS INC0.3%+0.05 pp$27.3M
HONAHONEYWELL AEROSPACE INC0.2%—$22.1M
GLWCORNING INC0.2%+0.08 pp$21.8M
TGTTARGET CORP0.2%-0.02 pp$20.8M
SCHWSCHWAB CHARLES CORP0.2%-0.05 pp$20.0M
GOOGLALPHABET INC0.2%+0.01 pp$19.3M
CATCATERPILLAR INC0.2%+0.04 pp$19.3M
DISDISNEY WALT CO0.2%-0.08 pp$16.7M
CLFDCLEARFIELD INC0.1%-0.06 pp$15.3M
BMIBADGER METER INC0.1%-0.03 pp$14.8M
PFGPRINCIPAL FINANCIAL GROUP IN0.1%-0.02 pp$14.6M
AIRAAR CORP0.1%+0.01 pp$12.0M
PLXSPLEXUS CORP0.1%+0.01 pp$11.8M
BRK-BBERKSHIRE HATHAWAY INC DEL0.1%-0.01 pp$11.8M
ABBVABBVIE INC0.1%+0.00 pp$11.2M
AMBAAMBARELLA INC0.1%+0.04 pp$10.8M
KNFKNIFE RIVER CORP0.1%-0.01 pp$10.7M
HSYHERSHEY CO0.1%-0.04 pp$10.7M
ONBOLD NATL BANCORP IND0.1%-0.01 pp$10.1M
WTFCWINTRUST FINL CORP0.1%+0.00 pp$9.4M
EMREMERSON ELEC CO0.1%-0.00 pp$9.1M
QCRHQCR HLDGS INC0.1%+0.00 pp$8.9M
PATKPATRICK INDS INC0.1%+0.01 pp$8.5M
ASBASSOCIATED BANC-CORP0.1%+0.01 pp$8.3M
RDNTRADNET INC0.1%-0.00 pp$8.2M
AMATAPPLIED MATLS INC0.1%+0.03 pp$8.0M
BKHBLACK HILLS CORP0.1%-0.00 pp$7.3M
LTHLIFE TIME GROUP HOLDINGS INC0.1%+0.02 pp$7.0M
CVXCHEVRON CORPORATION0.1%-0.02 pp$6.8M
MRKMERCK & CO INC0.1%-0.00 pp$6.6M
CFRCULLEN FROST BANKERS INC0.1%+0.00 pp$6.6M
ALRSALERUS FINL CORP0.1%+0.04 pp$6.3M
WWDWOODWARD INC0.1%+0.00 pp$6.0M
TREXTREX INC0.1%+0.01 pp$5.8M
HUBGHUB GROUP INC0.1%-0.01 pp$5.7M
SOLVSOLVENTUM CORP0.1%+0.00 pp$5.6M
GBCIGLACIER BANCORP INC NEW0.1%+0.00 pp$5.5M
OSKOSHKOSH CORP0.0%-0.00 pp$5.1M
CTASCINTAS CORP0.0%+0.00 pp$4.6M
PNRPENTAIR PLC0.0%-0.01 pp$4.4M
KHCKRAFT HEINZ CO0.0%-0.03 pp$4.2M
PIIPOLARIS INC0.0%+0.00 pp$4.2M
SYYSYSCO CORP0.0%-0.03 pp$4.1M
MCDMCDONALDS CORP0.0%-0.01 pp$3.8M
BRK-ABERKSHIRE HATHAWAY INC DEL0.0%-0.00 pp$3.7M
NWENORTHWESTERN ENERGY GROUP IN0.0%-0.02 pp$3.7M
HWKNHAWKINS INC0.0%-0.01 pp$3.6M
GEGE AEROSPACE0.0%+0.00 pp$2.8M
COSTCOSTCO WHOLESALE CORPORATION0.0%-0.00 pp$2.8M
COPCONOCOPHILLIPS0.0%-0.01 pp$2.7M
NKENIKE INC0.0%-0.01 pp$2.6M
APGAPI GROUP CORP0.0%-0.00 pp$2.5M
GISGENERAL MILLS INC0.0%-0.01 pp$2.4M
CSCOCISCO SYS INC0.0%+0.01 pp$2.3M
INTCINTEL CORP0.0%+0.01 pp$2.0M
ORCLORACLE CORP0.0%-0.03 pp$2.0M
KOCOCA COLA CO0.0%-0.00 pp$1.9M
XYLXYLEM INC0.0%+0.00 pp$1.8M
WMTWALMART INC0.0%-0.00 pp$1.8M
AMGNAMGEN INC0.0%-0.00 pp$1.8M
PFEPFIZER INC0.0%-0.01 pp$1.6M
RTXRTX CORPORATION0.0%-0.00 pp$1.6M
LOWLOWES COS INC0.0%-0.00 pp$1.5M
SOLSSOLSTICE ADVANCED MATLS INC0.0%-0.00 pp$1.5M
BMYBRISTOL-MYERS SQUIBB CO0.0%-0.00 pp$1.4M
WABWABTEC0.0%+0.00 pp$1.4M
AVGOBROADCOM INC0.0%+0.00 pp$1.4M
CIENCIENA CORP0.0%+0.00 pp$1.4M
MGEEMGE ENERGY INC0.0%—$1.3M
SYKSTRYKER CORPORATION0.0%-0.00 pp$1.3M
PEPPEPSICO INC0.0%-0.00 pp$1.2M
UPSUNITED PARCEL SVCS INC0.0%-0.01 pp$1.2M
SNASNAP ON INC0.0%-0.00 pp$1.2M
BMOBANK MONTREAL MEDIUM0.0%+0.00 pp$1.2M
CMCANADIAN IMPERIAL BANK OF CO0.0%+0.00 pp$1.2M
VSATVIASAT INC0.0%+0.00 pp$1.2M
VCELVERICEL CORP0.0%+0.00 pp$1.2M
PSXPHILLIPS 660.0%-0.00 pp$1.1M
IDXXIDEXX LABS INC0.0%-0.00 pp$1.1M
BDXBECTON DICKINSON & CO0.0%-0.00 pp$1.1M
NEENEXTERA ENERGY INC0.0%-0.00 pp$1.1M
BACBANK OF AMER CORP0.0%-0.00 pp$1.1M
KMBKIMBERLY-CLARK CORP0.0%+0.00 pp$1.0M
IBMINTERNATIONAL BUSINESS MACHS0.0%+0.00 pp$1.0M
AXGNAXOGEN INC0.0%+0.00 pp$1.0M
GEVGE VERNOVA INC0.0%+0.00 pp$994K
AMDADVANCED MICRO DEVICES INC0.0%+0.00 pp$957K
UNPUNION PAC CORP0.0%-0.00 pp$929K
IEXIDEX CORP0.0%+0.00 pp$908K
CBCHUBB LIMITED0.0%+0.00 pp$837K
NSCNORFOLK SOUTHN CORP0.0%-0.00 pp$815K
OKLOOKLO INC0.0%-0.00 pp$814K
WYWEYERHAEUSER CO0.0%-0.00 pp$707K
AWKAMERICAN WTR WKS CO INC NEW0.0%-0.00 pp$658K
BRCBRADY CORP0.0%+0.00 pp$641K
SHELSHELL PLC0.0%-0.00 pp$631K
NVECNVE CORP0.0%+0.00 pp$627K
TMOTHERMO FISHER SCIENTIFIC INC0.0%+0.00 pp$622K
BABOEING CO0.0%+0.00 pp$574K
ZBHZIMMER BIOMET HOLDINGS INC0.0%-0.00 pp$570K
DGIIDIGI INTL INC0.0%+0.00 pp$525K
TJXTJX COS INC NEW0.0%+0.00 pp$517K
CAHCARDINAL HEALTH INC0.0%+0.00 pp$504K
MUMICRON TECHNOLOGY INC0.0%+0.00 pp$473K
NEMNEWMONT CORP0.0%-0.00 pp$467K
HBANHUNTINGTON BANCSHARES INC0.0%+0.00 pp$464K
PMPHILIP MORRIS INTL INC0.0%+0.00 pp$459K
RGRSTURM RUGER & CO INC0.0%-0.00 pp$454K
BSXBOSTON SCIENTIFIC CORP0.0%-0.00 pp$423K
BBYBEST BUY INC0.0%+0.00 pp$417K
NTRSNORTHERN TR CORP0.0%+0.00 pp$417K
CRMSALESFORCE INC0.0%-0.09 pp$416K
ITWILLINOIS TOOL WKS INC0.0%+0.00 pp$415K
ADBEADOBE INC0.0%-0.00 pp$404K
CMICUMMINS INC0.0%+0.00 pp$377K
WATWATERS CORP0.0%+0.00 pp$360K
MPCMARATHON PETE CORP0.0%+0.00 pp$355K
DEDEERE & CO0.0%+0.00 pp$353K
UFCSUNITED FIRE GROUP INC0.0%+0.00 pp$346K
HOGHARLEY DAVIDSON INC0.0%+0.00 pp$342K
MOSMOSAIC CO0.0%-0.00 pp$339K
LRCXLAM RESEARCH CORP0.0%—$331K
AMTAMERICAN TOWER CORP0.0%-0.00 pp$330K
MOALTRIA GROUP INC0.0%+0.00 pp$329K
BOHBANK HAWAII CORP0.0%+0.00 pp$326K
EPDENTERPRISE PRODS PARTNERS L0.0%+0.00 pp$316K
LHXL3HARRIS TECHNOLOGIES INC0.0%-0.00 pp$300K
TKRTIMKEN CO0.0%+0.00 pp$291K
GILDGILEAD SCIENCES INC0.0%+0.00 pp$287K
BAXBAXTER INTL INC0.0%-0.00 pp$267K
VRTVERTIV HOLDINGS CO0.0%—$261K
MSAMSA SAFETY INC0.0%+0.00 pp$257K
SLBSLB LIMITED0.0%-0.00 pp$256K
TAT&T INC0.0%-0.00 pp$234K
DHRDANAHER CORP DEL0.0%+0.00 pp$218K
MSMORGAN STANLEY0.0%—$217K
RFREGIONS FINANCIAL CORP NEW0.0%—$211K
ECGEVERUS CONSTR GROUP0.0%—$207K
BPBP PLC0.0%-0.00 pp$207K
AMEAMETEK INC0.0%—$206K
CARRCARRIER GLOBAL CORPORATION0.0%—$204K
MAMASTERCARD INCORPORATED0.0%-0.00 pp$203K
ADIANALOG DEVICES INC0.0%+0.00 pp$202K
MRSHMARSH & MCLENNAN COS INC0.0%+0.00 pp$200K
CLFCLEVELAND-CLIFFS INC NEW0.0%+0.00 pp$127K
SNAPSNAP INC0.0%+0.00 pp$100K

What Mairs & Power Funds bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year
+18.2% /yr
S&P 500 +20.1%
3 years
+17.3% /yr
S&P 500 +20.4%
5 years
+9.1% /yr
S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Questions about Mairs & Power Funds's portfolio

What stocks does Mairs & Power Funds own?

Mairs & Power Inc's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 254 positions worth $10.9B. The largest are Nvidia Corporation (NVDA) at 8.6%, Microsoft Corp (MSFT) at 6.7%, Amazon Com Inc (AMZN) at 5.7%, Alphabet Inc (GOOG) at 5.5% and Eli Lilly & Co (LLY) at 3.5%.

What did Mairs & Power Funds buy last quarter?

In Q2 2026, Mairs & Power Inc added Waste Mgmt Inc Del (WM) (+48.4% shares), Intuitive Surgical Inc (ISRG) (+46.6% shares) and Workiva Inc (WK) (+15.9% shares), compared with its Q1 2026 filing.

What did Mairs & Power Funds sell last quarter?

In Q2 2026, Mairs & Power Inc cut from its top 50 Qualcomm Inc (QCOM), cut from its top 50 Honeywell Intl. Inc (HON), cut from its top 50 Piper Sandler Companies (PIPR), Wells Fargo & Co (WFC) (-36.1% shares), Johnson & Johnson (JNJ) (-26.8% shares) and Unitedhealth Group Inc (UNH) (-24.4% shares), compared with its Q1 2026 filing.

How has Mairs & Power Funds's portfolio performed?

A portfolio copying Mairs & Power Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +18.2% against +20.1%. Over 5 years: +9.1% a year against +11.6%.

When is Mairs & Power Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Mairs & Power Inc's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Mairs & Power Inc manage?

Mairs & Power Inc reported $12.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $10.9B.