Andrew R. Adams - Mairs & Power Growth Fund 13F Activity & Position Changes (Q1 2019)

According to the SEC 13F filed on Aug 14, 2026, the Mairs & Power Growth Fund portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2019. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2019, the filing reported:

New Buys - Accenture plc, AMETEK, Inc., CenterPoint Energy, Inc (Holdin, Elanco Animal Health Incorporat, Genuine Parts Company, and 10 more

Increases - AAR Corp., Apogee Enterprises, Inc., Associated Banc-Corp, American Express Company, Boeing Company (The), and 33 more

Reductions - Apple Inc., AbbVie Inc., Abbott Laboratories, Adobe Inc., Allete, Inc., and 84 more

Complete Exits - SPDR Bloomberg Convertible Secu, FedEx Corporation, Nuveen AMT-Free Municipal Value, Polaris Inc., Pimco Municipal Income Fund II , and 1 more

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2019	AAPL Apple Inc.	Apple Inc.	Sell	-652	-1.9%	$6.30K	33,151
Q1 2019	ABBV AbbVie Inc.	AbbVie Inc.	Sell	-14,545	-14.7%	$6.82K	84,596
Q1 2019	ABT Abbott Laboratories	Abbott Laboratories	Sell	-156,850	-5.0%	$240.67K	3,010,645
Q1 2019	ACN Accenture plc	Accenture plc	Buy - Position Entry	+1,191	-	$210.00	1,191
Q1 2019	ADBE Adobe Inc.	Adobe Inc.	Sell	-25	-1.2%	$553.00	2,075
Q1 2019	AIR AAR Corp.	AAR Corp.	Buy	+39,950	+22.5%	$7.06K	217,170
Q1 2019	ALE Allete, Inc.	Allete, Inc.	Sell	-1,245	-1.6%	$6.15K	74,818
Q1 2019	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-850	-9.2%	$331.00	8,352
Q1 2019	AME AMETEK, Inc.	AMETEK, Inc.	Buy - Position Entry	+2,700	-	$224.00	2,700
Q1 2019	AMGN Amgen Inc.	Amgen Inc.	Sell	-243	-2.6%	$1.73K	9,080
Q1 2019	APOG Apogee Enterprises, Inc.	Apogee Enterprises, Inc.	Buy	+10,890	+2.8%	$14.84K	395,730
Q1 2019	ASB Associated Banc-Corp	Associated Banc-Corp	Buy	+27,561	+1.1%	$55.64K	2,606,076
Q1 2019	AXP American Express Company	American Express Company	Buy	+3,363	+0.2%	$151.75K	1,388,333
Q1 2019	BA Boeing Company (The)	Boeing Company (The)	Buy	+311	+8.0%	$1.59K	4,180
Q1 2019	BAC Bank of America Corporation	Bank of America Corporation	Sell	-500	-3.2%	$413.00	14,955
Q1 2019	BAX Baxter International Inc.	Baxter International Inc.	Sell	-62,512	-8.6%	$54.05K	664,797
Q1 2019	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Sell	-115	-3.5%	$790.00	3,165
Q1 2019	BKH Black Hills Corporation	Black Hills Corporation	Sell	-6,690	-3.8%	$12.60K	170,150
Q1 2019	BMI Badger Meter, Inc.	Badger Meter, Inc.	Sell	-493,968	-36.6%	$47.58K	855,204
Q1 2019	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-6,000	-2.3%	$11.90K	249,356
Q1 2019	BP BP p.l.c.	BP p.l.c.	Sell	-2,980	-10.9%	$1.06K	24,302
Q1 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-170	-0.8%	$4.45K	22,163
Q1 2019	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Sell	-50	-0.1%	$10.89K	84,600
Q1 2019	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Buy	+26,030	+16.2%	$18.10K	186,475
Q1 2019	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Buy	+109,159	+6.0%	$166.72K	1,916,507
Q1 2019	CMCSA Comcast Corporation	Comcast Corporation	Sell	-200	-2.4%	$331.00	8,285
Q1 2019	CNP CenterPoint Energy, Inc (Holdin	CenterPoint Energy, Inc (Holdin	Buy - Position Entry	+6,798	-	$209.00	6,798
Q1 2019	COP ConocoPhillips	ConocoPhillips	Sell	-1,850	-1.7%	$7.27K	108,954
Q1 2019	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-69	-2.0%	$836.00	3,453
Q1 2019	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-1,000	-2.6%	$2.01K	37,184

Page 1 of 5