Andrew R. Adams - Mairs & Power Growth Fund 13F Activity & Position Changes (Q4 2017)

As of Dec 31, 2017, the Mairs & Power Growth Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 14, 2026. 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 2017, the filing reported:

New Buys - Deere & Company, Mastercard Incorporated, SPDR Select Sector Fund - Energ

Increases - Agree Realty Corporation, Apogee Enterprises, Inc., American Express Company, Boeing Company (The), Black Hills Corporation, and 30 more

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

Complete Exits - Chubb Limited, Consolidated Communications Hol, CVS Health Corporation, Eaton Vance Corporation Eaton V, iShares Preferred and Income Se, 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
Q4 2017	AAPL Apple Inc.	Apple Inc.	Sell	-165	-0.9%	$2.96K	17,492
Q4 2017	ABBV AbbVie Inc.	AbbVie Inc.	Sell	-16,093	-8.1%	$17.60K	182,032
Q4 2017	ABT Abbott Laboratories	Abbott Laboratories	Sell	-26,869	-0.6%	$259.29K	4,543,385
Q4 2017	ADC Agree Realty Corporation	Agree Realty Corporation	Buy	+200	+0.1%	$10.30K	200,199
Q4 2017	ALE Allete, Inc.	Allete, Inc.	Sell	-39,972	-13.6%	$18.84K	253,368
Q4 2017	AMGN Amgen Inc.	Amgen Inc.	Sell	-166	-2.0%	$1.39K	7,963
Q4 2017	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-10	-2.3%	$490.00	419
Q4 2017	APOG Apogee Enterprises, Inc.	Apogee Enterprises, Inc.	Buy	+600	+0.2%	$14.11K	308,430
Q4 2017	ASB Associated Banc-Corp	Associated Banc-Corp	Sell	-170,540	-5.4%	$75.54K	2,974,075
Q4 2017	AXP American Express Company	American Express Company	Buy	+3,264	+0.3%	$124.21K	1,250,766
Q4 2017	BA Boeing Company (The)	Boeing Company (The)	Buy	+565	+17.2%	$1.13K	3,843
Q4 2017	BAC Bank of America Corporation	Bank of America Corporation	Sell	-22	-0.2%	$384.00	13,003
Q4 2017	BAX Baxter International Inc.	Baxter International Inc.	Sell	-116,421	-10.0%	$67.88K	1,050,079
Q4 2017	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Sell	-39	-0.9%	$924.00	4,317
Q4 2017	BIIB Biogen Inc.	Biogen Inc.	Sell	-28	-2.7%	$327.00	1,025
Q4 2017	BKH Black Hills Corporation	Black Hills Corporation	Buy	+35,340	+24.2%	$10.89K	181,110
Q4 2017	BMI Badger Meter, Inc.	Badger Meter, Inc.	Sell	-33,820	-1.8%	$88.00K	1,840,923
Q4 2017	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-7,253	-2.1%	$20.38K	332,592
Q4 2017	BP BP p.l.c.	BP p.l.c.	Buy	+5,201	+18.1%	$1.43K	33,942
Q4 2017	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+200	+1.2%	$3.22K	16,244
Q4 2017	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-90	-2.6%	$205.00	3,344
Q4 2017	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Buy	+100	+0.1%	$12.96K	115,800
Q4 2017	CB Chubb Limited	Chubb Limited	Sell - Position Exit	-1,424	-100.0%	$0.00	-
Q4 2017	CFR Cullen/Frost Bankers, Inc.	Cullen/Frost Bankers, Inc.	Sell	-6,750	-5.0%	$12.08K	127,620
Q4 2017	CHRW C.H. Robinson Worldwide, Inc.	C.H. Robinson Worldwide, Inc.	Sell	-167,924	-7.9%	$175.02K	1,964,572
Q4 2017	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Sell	-155	-1.7%	$694.00	9,194
Q4 2017	CLX Clorox Company (The)	Clorox Company (The)	Sell	-350	-18.8%	$225.00	1,513
Q4 2017	CNP CenterPoint Energy, Inc (Holdin	CenterPoint Energy, Inc (Holdin	Sell	-250	-3.1%	$219.00	7,709
Q4 2017	CNSL Consolidated Communications Hol	Consolidated Communications Hol	Sell - Position Exit	-12,632	-100.0%	$0.00	-
Q4 2017	COP ConocoPhillips	ConocoPhillips	Sell	-43,178	-23.9%	$7.54K	137,386

Page 1 of 5