Mairs & Power Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Mairs & Power Fund held 48 positions with $5.55B in net assets. Its ten largest holdings made up 48.5% of the fund. The MPGFX share class costs 0.62% a year. Over the 12 months to May 2026, MPGFX returned 25.3%, with dividends reinvested. In 2026 Q2 it added 3 new positions and exited 3.
Mairs & Power Funds (the Fund) fundamental objective is to provide shareholders with a diversified portfolio of common stocks, which have the potential for above-average, long-term appreciation.
The fund invests in U.S. common stocks across market capitalizations, using a bottom-up approach to identify companies with above-average growth potential, durable competitive advantages, and attractive returns on invested capital at reasonable valuations. The adviser shows preference for companies based in Minnesota and the Upper Midwest. The fund may hold up to 25% in foreign securities listed on U.S. exchanges or as ADRs, and may invest a significant portion in a single sector including Information Technology.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 9.36% | $519.70M | 2.6M | $200.09 |
MSFTMicrosoft Corp | 7.88% | $437.79M | 1.2M | $373.02 |
AMZNAmazon.com Inc | 6.84% | $379.62M | 1.6M | $238.34 |
GOOGAlphabet Inc | 4.87% | $270.57M | 765.8K | $353.33 |
AAPLApple Inc | 3.70% | $205.57M | 710.4K | $289.36 |
nVent Electric PLC | 3.54% | $196.35M | 1.2M | $169.61 |
3.21% | $178.09M | 544.1K | $327.33 | |
TSMTSMC | 3.10% | $172.29M | 360.8K | $477.57 |
RHHBYRoche Holding AG | 3.04% | $169.08M | 3.3M | $51.35 |
2.99% | $165.93M | 138.3K | $1,199.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 48 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.86% |
| Cash & short-term | 0.10% |
By sector
- Information Technology
- 32.7%
- Industrials
- 11.1%
- Financials
- 10.5%
- International
- 9.7%
- 7 other sectors
- 36.0%
- Information Technology
- 32.7%
- Industrials
- 11.1%
- Financials
- 10.5%
- International
- 9.7%
- Communication Services
- 9.1%
- Health Care
- 8.6%
- Consumer Discretionary
- 6.8%
- Utilities
- 5.1%
- Materials
- 4.4%
- Consumer Staples
- 1.8%
- Cash
- 0.1%
How it has done
MPGFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.19%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Mairs & Power Fund is an actively managed U.S. equity fund. 17% of MPGFX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.62%· MPGFX 0.62%
- Portfolio turnover
- 13.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
3 new
3 exited
Understand how this fund fits with the rest.
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