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.
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.
Added to
- WM Waste Mgmt Inc Del+48.4% shares
- ISRG Intuitive Surgical Inc+46.6% shares
- WK Workiva, Inc.+15.9% shares
- PANW Palo Alto Networks Inc+12.6% shares
- TRV Travelers Companies Inc+9.9% shares
- AMP Ameriprise Finl Inc+8.6% shares
- CGNX Cognex Corp+6.9% shares
- FISV Fiserv Inc+6.5% shares
Reduced
- WFC Wells Fargo Co New-36.1% shares
- JNJ Johnson & Johnson-26.8% shares
- UNH Unitedhealth Group Inc Com-24.4% shares
- LFUS Littelfuse Inc-16.9% shares
- TNC Tennant Co-15.1% shares
- JPM Jpmorgan Chase & Co-12.4% shares
- CHRW C H Robinson Worldwide in-9.1% shares
- ROK Rockwell Automation Inc-9.1% shares
Left the top 50
- QCOM Qualcomm Incwas 0.6%
- HON Honeywell Intl Incwas 0.5%
- PIPR Piper Sandler Companieswas 0.4%
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 and rebuilt each quarter on the day the filing became public. 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 Com (NVDA) at 8.6%, Microsoft Corp (MSFT) at 6.7%, Amazon Com Inc Com (AMZN) at 5.7%, Alphabet Inc (GOOG) at 5.5% and Lilly Eli & 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 New (WFC) (-36.1% shares), Johnson & Johnson (JNJ) (-26.8% shares) and Unitedhealth Group Inc Com (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.