2026년 2월 18일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Exploring the Latest 13F Filing and Investment Strategies
Mairs and Power (Trades, Portfolio) recently submitted their 13F filing for the fourth quarter of 2025, offering a glimpse into their strategic investment decisions. Based in Minnesota, Mairs and Power (Trades, Portfolio) manages three mutual funds: the Growth Fund, the Balanced Fund, and the Small-Cap Fund. Since its inception in 1931, the firm has adhered to a disciplined long-term investment approach, focusing on companies with consistent growth, strong returns on invested capital, and durable competitive advantages. Their low turnover strategy allows for well-considered investment decisions, providing a comprehensive understanding of business strategies and market cycles. Mairs and Power (Trades, Portfolio)'s focus on less efficient market areas aims to benefit investors with a long-term perspective, contrasting with the short-term focus of many active and hedge fund managers.
Warning! GuruFocus has detected 2 Warning Sign with MSFT. Is MSFT fairly valued? Test your thesis with our free DCF calculator.Mairs and Power's Strategic Moves: NVIDIA Corp Sees a -1.1% Portfolio Impact
Summary of New Buy
Mairs and Power (Trades, Portfolio) added a total of 11 stocks, among them:
The most significant addition was Intuitive Surgical Inc (NASDAQ:ISRG), with 62,277 shares, accounting for 0.34% of the portfolio and a total value of $35.27 million. The second largest addition to the portfolio was Bentley Systems Inc (NASDAQ:BSY), consisting of 82,986 shares, representing approximately 0.03% of the portfolio, with a total value of $3.17 million. The third largest addition was James Hardie Industries PLC (NYSE:JHX), with 90,673 shares, accounting for 0.02% of the portfolio and a total value of $1.88 million.
Key Position Increases
Mairs and Power (Trades, Portfolio) also increased stakes in a total of 45 stocks, among them:
The most notable increase was Meta Platforms Inc (NASDAQ:META), with an additional 59,602 shares, bringing the total to 316,529 shares. This adjustment represents a significant 23.2% increase in share count, a 0.38% impact on the current portfolio, with a total value of $208.94 million. The second largest increase was Zoetis Inc (NYSE:ZTS), with an additional 224,910 shares, bringing the total to 226,400. This adjustment represents a significant 15,094.63% increase in share count, with a total value of $28.49 million.
Summary of Sold Out
Mairs and Power (Trades, Portfolio) completely exited 17 holdings in the fourth quarter of 2025, as detailed below:
Jamf Holding Corp (NASDAQ:JAMF): Mairs and Power (Trades, Portfolio) sold all 298,112 shares, resulting in a -0.03% impact on the portfolio.
Story Continues
Key Position Reduces
Mairs and Power (Trades, Portfolio) also reduced positions in 137 stocks. The most significant changes include:
Reduced NVIDIA Corp (NASDAQ:NVDA) by 626,772 shares, resulting in an -11.24% decrease in shares and a -1.1% impact on the portfolio. The stock traded at an average price of $186.12 during the quarter and has returned -0.87% over the past 3 months and -0.82% year-to-date. Reduced UnitedHealth Group Inc (NYSE:UNH) by 239,412 shares, resulting in a -22.38% reduction in shares and a -0.78% impact on the portfolio. The stock traded at an average price of $338.74 during the quarter and has returned -9.20% over the past 3 months and -12.43% year-to-date.
Portfolio Overview
At the end of the fourth quarter of 2025, Mairs and Power (Trades, Portfolio)'s portfolio included 243 stocks. The top holdings included 8.9% in Microsoft Corp (NASDAQ:MSFT), 8.88% in NVIDIA Corp (NASDAQ:NVDA), 5.76% in Amazon.com Inc (NASDAQ:AMZN), 5.13% in Alphabet Inc (NASDAQ:GOOG), and 3.96% in JPMorgan Chase & Co (NYSE:JPM).
The holdings are mainly concentrated in 11 industries: Technology, Industrials, Healthcare, Financial Services, Communication Services, Consumer Cyclical, Basic Materials, Utilities, Consumer Defensive, Energy, and Real Estate.
View Comments