Exploring Mairs & Power Inc's Q3 2022 vs. Q4 2022 13F Holdings: A Comprehensive Analysis on the Changes in Holdings of Funds

Investment strategies are primarily based on a fund's holdings. Mairs & Power Inc, a leading investment management firm, filed its Q3 2022 and Q4 2022 13F Holdings, revealing some significant changes in its portfolio. In this blog post, we'll take a deep dive into these changes, analyze the top holdings, and explore how these changes could impact the market.

Before diving into our analysis, it's essential to briefly explain what 13F is. 13F is a regulatory form filed with the Securities and Exchange Commission (SEC) by institutional investment managers with $100 million or more in assets under management. The form requires investment managers to disclose their equity holdings, including stocks, options, and convertible bonds, on a quarterly basis. Investment firms like Mairs & Powers Inc must file their Q3 and Q4 13F Holdings, allowing the public to access their holdings and their investment strategy. With that out of the way, let's dive into the analysis.

Overview of Mairs & Power Inc's Q3 2022 vs. Q4 2022 13F Holdings

Mairs & Power Inc's Q3 2022 13F Holdings revealed 37 changes in holdings, with a total value of $8.9 billion. In comparison, the Q4 2022 13F Holdings had 42 changes in holdings, with a total value of $8.7 billion. While the changes in holdings were not significant, Mairs & Power Inc did make some substantial investments and divestments.

Top Investments

Mairs & Power Inc's top investments in Q3 2022 and Q4 2022 were as follows:

1. Microsoft Corp (MSFT) - 2044042 and 2079648 shares, respectively

2. UnitedHealth Group Inc (UNH) - 794763 and 778847 shares, respectively

3. Alphabet Inc (GOOG) - 4680159 and 4309676 shares, respectively

4. Toro Co (TTC) - 3083178 and 2940902 shares, respectively

5. US Bancorp Del (USB) - 6710011 and 6634280 shares, respectively

The top holdings remained the same for both quarters, with Microsoft Corp being the most significant investment. Mairs & Power Inc increased their holdings in Microsoft Corp by 4.8% from Q3 2022 to Q4 2022. Other top holdings, including UnitedHealth Group Inc and Alphabet Inc, saw their holdings decrease by 2.9% and 15%, respectively.

Major Investments and Divestments

Mairs & Power Inc invested heavily in certain stocks, including Bio-Techne Corp (TECH), Graco Inc (GGG), and NVIDIA Corporation (NVDA). They increased their holdings by 21.8%, 11.9%, and 54.7%, respectively, from Q3 2022 to Q4 2022. In contrast, Mairs & Power Inc divested from Amazon.com (AMZN), reducing its holdings by 21.6%. Baxter International Inc (BAX) and Walt Disney Co (DIS) also saw decreased holdings, with Mairs & Power Inc reducing its holdings by 40.9% and 7.5%, respectively.

Impact on the Market

Looking at Mairs & Power Inc's portfolio changes, some stocks, like Microsoft Corp, might benefit from the increase in investments, while others, like Walt Disney Co, might face market pressure. Still, the effect of Mairs & Power Inc's holdings on the market isn't significant. However, analyzing 13F Holdings is a crucial step for investors when creating an investment strategy. They can use Mairs & Power Inc's investment strategy as a benchmark, build their portfolio around it, or use it to diversify their holdings.

Conclusion

In conclusion, Mairs & Power Inc's Q3 2022 and Q4 2022 13F Holdings show some remarkable changes in holdings. By increasing investments in companies like Bio-Techne Corp, Graco Inc, and NVIDIA Corporation, Mairs & Power Inc expected those stocks to perform well in the future. However, the decreased holdings in companies like Walt Disney Co and Amazon.com suggest a shift in the investment strategy. While these changes don't significantly affect the market, investors can use the information to build their investment strategy around Mairs & Power Inc's holdings or diversify their portfolio.