Andrew R. Adams - Mairs & Power Growth Fund 13F Activity & Position Changes (Q4 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 Dec 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 Q4 2019, the filing reported:

New Buys - Accenture plc, AFLAC Incorporated, Best Buy Co., Inc., Boston Scientific Corporation, Cardinal Health, Inc., and 11 more

Increases - Apple Inc., AbbVie Inc., Adobe Inc., Automatic Data Processing, Inc., AAR Corp., and 68 more

Reductions - Abbott Laboratories, Allete, Inc., Amgen Inc., American Tower Corporation (REI, ANSYS, Inc., and 72 more

Complete Exits - Deere & Company, 100401, International Flavors & Fragran, Standard BioTools Inc., Resideo Technologies, Inc., 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 2019	AAPL Apple Inc.	Apple Inc.	Buy	+1,892	+5.4%	$10.91K	37,143
Q4 2019	ABBV AbbVie Inc.	AbbVie Inc.	Buy	+127	+0.2%	$6.72K	75,927
Q4 2019	ABT Abbott Laboratories	Abbott Laboratories	Sell	-382,866	-16.4%	$169.58K	1,952,385
Q4 2019	ACN Accenture plc	Accenture plc	Buy - Position Entry	+1,004	-	$211.00	1,004
Q4 2019	ADBE Adobe Inc.	Adobe Inc.	Buy	+259	+12.6%	$763.00	2,314
Q4 2019	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+120	+2.4%	$882.00	5,172
Q4 2019	AFL AFLAC Incorporated	AFLAC Incorporated	Buy - Position Entry	+4,400	-	$233.00	4,400
Q4 2019	AIR AAR Corp.	AAR Corp.	Buy	+90	+0.0%	$12.44K	275,730
Q4 2019	ALE Allete, Inc.	Allete, Inc.	Sell	-4,015	-9.5%	$3.12K	38,453
Q4 2019	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy	+4,600	+113.9%	$527.00	8,637
Q4 2019	AMGN Amgen Inc.	Amgen Inc.	Sell	-400	-4.6%	$2.02K	8,380
Q4 2019	AMP Ameriprise Financial, Inc.	Ameriprise Financial, Inc.	Buy	+180	+7.7%	$419.00	2,515
Q4 2019	AMT American Tower Corporation (REI	American Tower Corporation (REI	Sell	-200	-5.9%	$729.00	3,172
Q4 2019	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+43	+9.1%	$955.00	517
Q4 2019	ANSS ANSYS, Inc.	ANSYS, Inc.	Sell	-11	-1.1%	$255.00	990
Q4 2019	APOG Apogee Enterprises, Inc.	Apogee Enterprises, Inc.	Buy	+19,700	+6.2%	$10.95K	336,840
Q4 2019	ASB Associated Banc-Corp	Associated Banc-Corp	Sell	-223,238	-8.6%	$52.55K	2,384,426
Q4 2019	AXGN AxoGen, Inc.	AxoGen, Inc.	Buy	+7,000	+46.7%	$394.00	22,000
Q4 2019	AXP American Express Company	American Express Company	Sell	-8,150	-0.6%	$166.74K	1,339,343
Q4 2019	BA Boeing Company (The)	Boeing Company (The)	Buy	+57	+1.6%	$1.18K	3,617
Q4 2019	BAC Bank of America Corporation	Bank of America Corporation	Sell	-1,300	-8.7%	$481.00	13,655
Q4 2019	BAX Baxter International Inc.	Baxter International Inc.	Sell	-2,805	-0.5%	$50.98K	609,646
Q4 2019	BBY Best Buy Co., Inc.	Best Buy Co., Inc.	Buy - Position Entry	+3,010	-	$264.00	3,010
Q4 2019	BDX Becton, Dickinson and Company	Becton, Dickinson and Company	Buy	+239	+5.5%	$1.24K	4,561
Q4 2019	BKH Black Hills Corporation	Black Hills Corporation	Buy	+50	+0.0%	$12.03K	153,150
Q4 2019	BMI Badger Meter, Inc.	Badger Meter, Inc.	Sell	-14,780	-1.8%	$52.42K	807,344
Q4 2019	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell	-6,725	-2.9%	$14.28K	222,457
Q4 2019	BP BP p.l.c.	BP p.l.c.	Buy	+2,240	+10.9%	$862.00	22,834
Q4 2019	BRK-A Berkshire Hathaway Inc.	Berkshire Hathaway Inc.	Sell	-1	-9.1%	$3.40K	10
Q4 2019	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+1,152	+5.2%	$5.28K	23,327

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