Andrew R. Adams - Mairs & Power Growth Fund 13F Activity & Position Changes (Q3 2016)

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 Sep 30, 2016. 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 Q3 2016, the filing reported:

New Buys - British American Tobacco Indus, Cardinal Health, Inc., Chubb Limited, Cullen/Frost Bankers, Inc., Glacier Bancorp, Inc., and 7 more

Increases - Apple Inc., Abbott Laboratories, Accenture plc, Automatic Data Processing, Inc., Allete, Inc., and 58 more

Reductions - AbbVie Inc., Agree Realty Corporation, Baxter International Inc., BP p.l.c., Berkshire Hathaway Inc. New, and 54 more

Complete Exits - Bank Of Montreal, Danaher Corporation, Duke Energy Corporation (Holdin, IDEX Corporation, Sturm, Ruger & Company, Inc., and 3 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
Q3 2016	AAPL Apple Inc.	Apple Inc.	Buy	+10	+0.1%	$1.72K	15,237
Q3 2016	ABBV AbbVie Inc.	AbbVie Inc.	Sell	-2,700	-1.0%	$16.80K	266,453
Q3 2016	ABT Abbott Laboratories	Abbott Laboratories	Buy	+683,078	+168.0%	$46.08K	1,089,562
Q3 2016	ACN Accenture plc	Accenture plc	Buy	+1,020	+50.5%	$371.00	3,039
Q3 2016	ADC Agree Realty Corporation	Agree Realty Corporation	Sell	-15,300	-9.6%	$7.15K	144,569
Q3 2016	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+900	+20.0%	$476.00	5,402
Q3 2016	ALE Allete, Inc.	Allete, Inc.	Buy	+47,501	+15.1%	$21.60K	362,290
Q3 2016	APOG Apogee Enterprises, Inc.	Apogee Enterprises, Inc.	Buy	+38,600	+20.6%	$10.09K	225,700
Q3 2016	ASB Associated Banc-Corp	Associated Banc-Corp	Buy	+6,840	+0.2%	$66.75K	3,407,599
Q3 2016	AXP American Express Company	American Express Company	Buy	+4,560	+0.4%	$68.11K	1,063,495
Q3 2016	BA Boeing Company (The)	Boeing Company (The)	Buy	+1,810	+83.0%	$526.00	3,990
Q3 2016	BAX Baxter International Inc.	Baxter International Inc.	Sell	-44,816	-2.3%	$90.62K	1,903,688
Q3 2016	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+675	+14.4%	$967.00	5,378
Q3 2016	BMI Badger Meter, Inc.	Badger Meter, Inc.	Buy	+1,091,924	+111.3%	$69.45K	2,072,564
Q3 2016	BMO Bank Of Montreal	Bank Of Montreal	Sell - Position Exit	-3,573	-100.0%	$0.00	-
Q3 2016	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+45,074	+15.8%	$17.84K	330,822
Q3 2016	BP BP p.l.c.	BP p.l.c.	Sell	-9,405	-15.7%	$1.78K	50,517
Q3 2016	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-998	-7.1%	$1.90K	13,149
Q3 2016	BTI British American Tobacco Indus	British American Tobacco Indus	Buy - Position Entry	+1,977	-	$252.00	1,977
Q3 2016	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Buy - Position Entry	+2,891	-	$225.00	2,891
Q3 2016	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Buy	+16,500	+28.4%	$8.96K	74,570
Q3 2016	CAT Caterpillar, Inc.	Caterpillar, Inc.	Buy	+3,000	+64.1%	$682.00	7,682
Q3 2016	CB Chubb Limited	Chubb Limited	Buy - Position Entry	+2,286	-	$287.00	2,286
Q3 2016	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Buy - Position Entry	+106,200	-	$7.64K	106,200
Q3 2016	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Buy	+21,269	+1.1%	$141.56K	2,009,110
Q3 2016	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Buy	+4,828	+52.4%	$1.04K	14,041
Q3 2016	CLX Clorox Company (The)	Clorox Company (The)	Sell	-94	-4.8%	$233.00	1,863
Q3 2016	COP ConocoPhillips	ConocoPhillips	Sell	-139,031	-31.8%	$12.94K	297,595
Q3 2016	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Buy	+341	+11.8%	$494.00	3,239
Q3 2016	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Buy	+1,266	+4.9%	$861.00	27,147

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