Andrew R. Adams - Mairs & Power Growth Fund 13F Activity & Position Changes (Q4 2015)

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 Dec 31, 2015. 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 Q4 2015, the filing reported:

New Buys - Adobe Inc., Alnylam Pharmaceuticals, Inc., Crown Castle Inc., Clorox Company (The), iShares Select Dividend ETF, and 10 more

Increases - Apple Inc., Accenture plc, Amazon.com, Inc., Apogee Enterprises, Inc., American Express Company, and 36 more

Reductions - AbbVie Inc., Abbott Laboratories, Agree Realty Corporation, Automatic Data Processing, Inc., Allete, Inc., and 74 more

Complete Exits - None reported

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
Q4 2015	AAPL Apple Inc.	Apple Inc.	Buy	+430	+2.8%	$1.65K	15,708
Q4 2015	ABBV AbbVie Inc.	AbbVie Inc.	Sell	-125	-0.0%	$15.81K	266,811
Q4 2015	ABT Abbott Laboratories	Abbott Laboratories	Sell	-425	-0.1%	$14.32K	318,918
Q4 2015	ACN Accenture plc	Accenture plc	Buy	+905	+40.6%	$327.00	3,132
Q4 2015	ADBE Adobe Inc.	Adobe Inc.	Buy - Position Entry	+2,175	-	$204.00	2,175
Q4 2015	ADC Agree Realty Corporation	Agree Realty Corporation	Sell	-8,691	-4.0%	$7.12K	209,469
Q4 2015	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Sell	-275	-5.8%	$381.00	4,502
Q4 2015	ALE Allete, Inc.	Allete, Inc.	Sell	-37,960	-12.9%	$13.01K	256,027
Q4 2015	ALNY Alnylam Pharmaceuticals, Inc.	Alnylam Pharmaceuticals, Inc.	Buy - Position Entry	+2,300	-	$217.00	2,300
Q4 2015	AMGN Amgen Inc.	Amgen Inc.	Sell	-75	-0.7%	$1.80K	11,091
Q4 2015	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+125	+17.2%	$577.00	853
Q4 2015	APOG Apogee Enterprises, Inc.	Apogee Enterprises, Inc.	Buy	+24,700	+22.4%	$5.87K	135,000
Q4 2015	ASB Associated Banc-Corp	Associated Banc-Corp	Sell	-34,016	-1.0%	$61.36K	3,272,529
Q4 2015	AXP American Express Company	American Express Company	Buy	+34,930	+4.5%	$56.81K	816,759
Q4 2015	BA Boeing Company (The)	Boeing Company (The)	Sell	-150	-5.2%	$398.00	2,752
Q4 2015	BAC Bank of America Corporation	Bank of America Corporation	Sell	-72	-0.5%	$231.00	13,739
Q4 2015	BAX Baxter International Inc.	Baxter International Inc.	Sell	-45,596	-2.0%	$85.94K	2,252,752
Q4 2015	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Sell	-33	-0.6%	$799.00	5,184
Q4 2015	BMI Badger Meter, Inc.	Badger Meter, Inc.	Sell	-106,197	-8.3%	$68.89K	1,175,731
Q4 2015	BMO Bank Of Montreal	Bank Of Montreal	Sell	-700	-14.7%	$230.00	4,074
Q4 2015	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+2,489	+0.9%	$19.75K	287,063
Q4 2015	BP BP p.l.c.	BP p.l.c.	Sell	-94,984	-48.5%	$3.16K	101,037
Q4 2015	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+150	+1.1%	$1.82K	13,788
Q4 2015	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Sell	-2,950	-6.0%	$5.60K	46,470
Q4 2015	CAT Caterpillar, Inc.	Caterpillar, Inc.	Sell	-100	-1.9%	$342.00	5,032
Q4 2015	CCI Crown Castle Inc.	Crown Castle Inc.	Buy - Position Entry	+2,425	-	$210.00	2,425
Q4 2015	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Buy	+10,065	+0.5%	$125.12K	2,017,454
Q4 2015	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Buy	+1,530	+17.1%	$700.00	10,503
Q4 2015	CLX Clorox Company (The)	Clorox Company (The)	Buy - Position Entry	+1,957	-	$248.00	1,957
Q4 2015	CMCSA Comcast Corporation	Comcast Corporation	Buy	+460	+12.0%	$243.00	4,299

Page 1 of 5