Andrew R. Adams - Mairs & Power Growth Fund Investment Strategy & Portfolio Analysis

How Mairs & Power Growth Fund allocates capital, manages risk, and constructs its portfolio — based on SEC 13F filings.

According to the SEC 13F filed on Aug 14, 2026, Andrew R. Adams's Mairs & Power Growth Fund portfolio reflects a quant / systematic investor approach across 246 reported 13F positions as of quarter-end Jun 30, 2026. Portfolio returns are led by NVIDIA (~9% of total exposure), with the top five holdings representing approximately 30% of reported value. The portfolio maintains structural breadth across 246 positions, with economic weighting tilted toward large-cap technology and growth-oriented names. Exposure to high-growth and technology-oriented segments is elevated relative to peers, with performance anchored in growth-oriented names across technology, industrials, and healthcare. The portfolio exhibits extremely low turnover, reinforcing a patient, conviction-led investment approach. Distinctive traits include Long-Term Holder, Broadly Diversified, Structurally Diversified.

Investment Style

Value, growth, quality, and behavioral classification from latest 13F holdings.

Growth

Primary type: Quant / Systematic Investor

Traits: Long-Term Holder, Broadly Diversified, Structurally Diversified

Turnover profile

Buy & Hold

Holding horizon

Long-Term

Portfolio Construction

Concentration and position sizing in the latest filing.

Portfolio construction is lowly concentrated: top three names represent 21.2% of assets, top five 30.2%, and the largest single position is 8.7%.

Top 3 weight

21.2%

Top 5 weight

30.2%

Top 10 weight

44.6%

Largest position

8.7%

Top holdings: NVIDIA Corporation, Microsoft Corporation, Amazon.com, Inc., Alphabet Inc., Eli Lilly and Company — view full holdings

Sector Preferences

Where capital is allocated by sector.

Capital is tilted toward Technology and Industrials, with 12 sectors represented in the latest filing.

Leading sectors: Technology, Industrials, Healthcare

View full sector allocation

Risk Framework

Concentration, diversification, and turnover tolerance.

This investor accepts low single-name risk (largest position 8.7%, top ten 44.6%) and high economic diversification (HHI 0.03). Turnover tolerance maps to a buy & hold profile.

Largest position

8.7%

Top 10 weight

44.6%

Max sector

33.8%

Diversification

High

Strategy Evolution

How the strategy changed between the two most recent filing periods.

Mar 31, 2026 → Jun 30, 2026

  • Position count increased from 239 to 246 (+7 names).
  • Top-five concentration rose from 29.6% to 30.2%.
  • Quarter-over-quarter portfolio weight turnover: 7.6%.

For trade-level changes, see the Activity page. View activity.

Similar Investors

Peer group with comparable portfolio behavior.

Similar-investor comparisons are coming soon.