Mairs & Power

Q4 2021 13F · by Andrew Adams, CIO

As of: Dec 31, 2021
Filed: Feb 14, 2022
US stock: $10.8B · prev $10.0B
Positions: 218 · prev 210
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves198 since the prior filing

+2.0 pp in · −2.0 pp out

New 16 +0.88 pp
Added 66 +1.10 pp
Trimmed 108 −0.47 pp
Exited 8 −1.48 pp

The book

Focused · behaves like 38 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 11% a year, about 9.2 years per position

Low
Moderate
High

Top 5 positions24% of US stock

MSFT Microsoft Corp trimmed+0.40 pp trimmed+0.406.3%
GOOG Alphabet Inc. Class C added+0.06 pp added+0.066.2%
UNH UNITEDHEALTH GROUP INCORPORATED (Delaware) trimmed+0.63 pp trimmed+0.634.3%
ECL Ecolab, Inc. trimmed+0.12 pp trimmed+0.123.9%
AMZN Amazon.Com Inc added+0.05 pp added+0.053.6%

Positions218 in this filing · 8 exited


MSFTMicrosoft Corp	6.28%	2,014,805	$678M	trimmed−3%	+0.40 pp	35 q
GOOGAlphabet Inc. Class C	6.24%	232,694	$673M	added0%	+0.06 pp	31 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	4.27%	917,537	$461M	trimmed−1%	+0.63 pp	35 q
ECLEcolab, Inc.	3.94%	1,813,460	$425M	trimmed−1%	+0.12 pp	35 q
AMZNAmazon.Com Inc	3.57%	115,601	$385M	added+8%	+0.05 pp	33 q
USBU.S. Bancorp	3.50%	6,722,887	$378M	added+3%	−0.38 pp	35 q
NVDANvidia Corp	3.14%	1,152,673	$339M	trimmed−14%	+0.37 pp	11 q
TECHBio-Techne Corp.	3.13%	653,815	$338M	trimmed−1%	−0.08 pp	30 q
GGGGraco Inc	3.09%	4,140,325	$334M	trimmed−0%	+0.18 pp	35 q
MDTMedtronic plc	2.62%	2,729,370	$282M	trimmed−0%	−0.81 pp	29 q
TTCToro Company (The)	2.52%	2,723,989	$272M	added+4%	−0.02 pp	35 q
JNJJohnson & Johnson	2.46%	1,551,226	$265M	added0%	−0.04 pp	35 q
LFUSLittelfuse Inc	2.34%	802,624	$253M	added+4%	+0.22 pp	16 q
HRLHormel Foods Corporation	2.21%	4,898,985	$239M	added+3%	+0.26 pp	35 q
VVISA Inc.	2.13%	1,060,792	$230M	added0%	−0.23 pp	35 q
FULH.B. Fuller Company	2.03%	2,702,753	$219M	trimmed−0%	+0.28 pp	35 q
FISVFiserv, Inc.	2.01%	2,087,080	$217M	trimmed−0%	−0.26 pp	35 q
FASTFastenal Co	1.97%	3,321,021	$213M	trimmed−2%	+0.21 pp	35 q
MSIMotorola Solutions, Inc. New	1.96%	777,374	$211M	trimmed−5%	+0.06 pp	14 q
ABTAbbott Laboratories	1.95%	1,499,599	$211M	trimmed−1%	+0.17 pp	35 q
QCOMQualcomm Inc	1.91%	1,130,455	$207M	trimmed−0%	+0.45 pp	35 q
DCIDonaldson Company, Inc.	1.83%	3,325,810	$197M	trimmed−0%	−0.09 pp	35 q
SHWThe Sherwin-Williams Company	1.77%	541,356	$191M	trimmed−3%	+0.21 pp	12 q
LLYEli Lilly & Co.	1.70%	663,014	$183M	trimmed−0%	+0.17 pp	35 q
WFCWells Fargo & Co.	1.63%	3,667,548	$176M	trimmed−0%	−0.08 pp	35 q
HDHome Depot, Inc.	1.59%	414,621	$172M	trimmed−2%	+0.20 pp	35 q
MMM3M Company	1.56%	945,626	$168M	trimmed−4%	−0.17 pp	35 q
SCHWThe Charles Schwab Corporation	1.48%	1,905,412	$160M	added+20%	+0.32 pp	35 q
DISThe Walt Disney Company	1.43%	999,901	$155M	trimmed−1%	−0.27 pp	35 q
HONHoneywell International, Inc.	1.40%	723,234	$151M	trimmed−2%	−0.16 pp	35 q
NVTnVent Electric plc	1.35%	3,843,200	$146M	trimmed−0%	+0.10 pp	15 q
CHRWC.H. Robinson Worldwide, Inc.	1.33%	1,338,323	$144M	added+2%	+0.19 pp	35 q
TNCTennant Company	1.26%	1,680,102	$136M	added0%	+0.02 pp	35 q
TGTTarget Corporation	1.20%	560,326	$130M	trimmed−0%	−0.08 pp	35 q
SYYSysco Corporation	1.03%	1,421,254	$112M	added+49%	+0.28 pp	34 q
PFGPrincipal Financial Group, Inc.	0.99%	1,477,014	$107M	trimmed−11%	−0.08 pp	35 q
AIYActivision Blizzard Inc	0.65%	1,051,997	$70M	trimmed−5%	−0.21 pp	8 q
AXPAmerican Express Company	0.60%	397,127	$65M	trimmed−36%	−0.45 pp	35 q
GLWCorning Incorporated	0.59%	1,702,469	$63M	trimmed−1%	−0.04 pp	35 q
DGIIDigi International Inc	0.58%	2,549,412	$63M	trimmed−1%	+0.04 pp	14 q
JAMFJamf Holding Corp.	0.57%	1,619,350	$62M	added+6%	−0.02 pp	6 q
CRMSalesforce, Inc.	0.57%	241,517	$61M	new	+0.57 pp	new
UPSUnited Parcel Service, Inc. Class B	0.49%	245,915	$53M	trimmed−2%	+0.03 pp	35 q
ROKRockwell Automation, Inc.	0.48%	149,073	$52M	trimmed−0%	+0.04 pp	10 q
WKWorkiva Inc.	0.48%	399,431	$52M	trimmed−5%	−0.11 pp	25 q
LNTAlliant Energy Corporation	0.44%	774,984	$48M	trimmed−0%	0.00 pp	33 q
BAXBaxter International Inc.	0.41%	516,468	$44M	trimmed−10%	−0.05 pp	35 q
ONBOld National Bancorp	0.41%	2,439,905	$44M	trimmed−3%	−0.02 pp	16 q
PFEPfizer Inc.	0.41%	751,298	$44M	trimmed−54%	−0.29 pp	35 q
PIIPolaris Inc.	0.41%	398,710	$44M	added+51%	+0.09 pp	4 q
INSPInspire Medical Systems, Inc.	0.36%	171,083	$39M	trimmed−1%	−0.04 pp	15 q
JPMJPMorgan Chase & Co.	0.36%	243,681	$39M	added+10%	0.00 pp	35 q
SNBRQSleep Number Corp	0.35%	494,639	$38M	added+51%	+0.04 pp	7 q
THRMGentherm Inc	0.34%	423,061	$37M	trimmed−13%	−0.05 pp	33 q
ENTGEntegris Inc	0.28%	221,580	$31M	new	+0.28 pp	new
GNRCGenerac Holdings Inc	0.27%	83,828	$30M	trimmed−3%	−0.08 pp	32 q
PGProcter & Gamble Company	0.26%	169,838	$28M	trimmed−9%	0.00 pp	35 q
AAPLApple Inc.	0.23%	137,187	$24M	added0%	+0.04 pp	35 q
GISGeneral Mills, Inc.	0.21%	336,354	$23M	trimmed−6%	0.00 pp	35 q
BMIBadger Meter, Inc.	0.19%	191,638	$20M	trimmed−4%	−0.01 pp	35 q
CCMPCMC Materials, Inc.	0.18%	100,289	$19M	trimmed−10%	+0.04 pp	12 q
ELANElanco Animal Health Incorporated	0.18%	683,952	$19M	trimmed−40%	−0.19 pp	12 q
XELXcel Energy, Inc.	0.18%	282,627	$19M	added0%	0.00 pp	35 q
ZBHZimmer Biomet Holdings, Inc.	0.18%	153,574	$20M	trimmed−28%	−0.13 pp	35 q
CFRCullen/Frost Bankers Inc.	0.17%	143,868	$18M	trimmed−5%	−0.01 pp	22 q
OSKOshkosh Corp.	0.16%	157,624	$18M	added+10%	+0.01 pp	35 q
WTFCWintrust Financial Corp	0.16%	191,143	$17M	trimmed−19%	−0.03 pp	35 q
SPYState Street SPDR S&P 500 ETF Trust	0.15%	34,721	$16M	added×2.3	+0.09 pp	35 q
TRVThe Travelers Companies, Inc.	0.15%	101,109	$16M	trimmed−0%	0.00 pp	35 q
AIRAAR Corp.	0.14%	381,272	$15M	trimmed−0%	+0.02 pp	15 q
GBCIGlacier Bancorp Inc	0.14%	268,296	$15M	trimmed−0%	−0.01 pp	22 q
HSYThe Hershey Company	0.14%	79,600	$15M	added+4%	+0.01 pp	35 q
CASYCasey's General Stores Inc	0.13%	70,068	$14M	added+6%	+0.01 pp	35 q
CTLTCatalent, Inc.	0.13%	112,842	$14M	trimmed−6%	−0.03 pp	20 q
TXNTexas Instruments Incorporated	0.13%	74,560	$14M	added+2%	−0.01 pp	6 q
PNRPentair plc	0.13%	190,182	$14M	trimmed−7%	−0.02 pp	31 q
EMREmerson Electric Co.	0.10%	116,739	$11M	trimmed−12%	−0.03 pp	35 q
INTCIntel Corp	0.10%	213,337	$11M	trimmed−2%	−0.02 pp	35 q
42OPhysicians Realty Trust	0.10%	564,890	$11M	trimmed−0%	0.00 pp	29 q
GWBGreat Western Bancorp, Inc.	0.09%	272,062	$9M	trimmed−58%	−0.12 pp	24 q
MCSThe Marcus Corporation	0.09%	561,568	$10M	trimmed−0%	−0.01 pp	23 q
PLXSPlexus Corp	0.09%	100,095	$10M	added+6%	+0.01 pp	7 q
AZEKThe AZEK Company Inc.	0.08%	194,426	$9M	added+75%	+0.04 pp	2 q
BKHBlack Hills Corporation	0.08%	127,146	$9M	trimmed−10%	−0.01 pp	20 q
HUBGHUB Group Inc	0.08%	107,501	$9M	trimmed−0%	+0.01 pp	35 q
QCRHQCR Holdings Inc	0.08%	156,289	$9M	added+6%	0.00 pp	20 q
ABBVAbbvie Inc.	0.07%	52,394	$7M	added+3%	+0.02 pp	35 q
ASBAssociated Banc-Corp	0.07%	345,524	$8M	trimmed−0%	0.00 pp	35 q
BRK.BBERKSHIRE HATHAWAY Class B	0.07%	23,712	$7M	trimmed−1%	0.00 pp	35 q
CVXChevron Corporation	0.07%	60,537	$7M	trimmed−5%	+0.01 pp	35 q
EPACEnerpac Tool Group Corp.	0.07%	353,159	$7M	added+13%	+0.01 pp	28 q
ENVEnvestnet, Inc.	0.07%	97,965	$8M	trimmed−0%	−0.01 pp	7 q
NWENorthWestern Energy Group, Inc.	0.07%	133,194	$8M	trimmed−6%	−0.01 pp	10 q
IINIntriCon Corporation	0.06%	433,502	$7M	added+11%	−0.01 pp	17 q
MGPIMGP Ingredients Inc	0.06%	72,614	$6M	trimmed−0%	+0.01 pp	13 q
MRKMerck & Co., Inc.	0.05%	63,502	$5M	trimmed−1%	0.00 pp	35 q
PRLBProto Labs, Inc.	0.05%	113,411	$6M	trimmed−38%	−0.07 pp	35 q
SCHBSchwab U.S. Broad Market ETF	0.05%	45,370	$5M	held	—	35 q
VZVerizon Communications	0.05%	94,532	$5M	added0%	0.00 pp	35 q
ADPAutomatic Data Processing	0.04%	19,077	$5M	added+1%	0.00 pp	35 q
BMYBristol-Myers Squibb Co.	0.04%	70,439	$4M	trimmed−9%	−0.01 pp	35 q
KMBKimberly-Clark Corp.	0.04%	32,390	$5M	trimmed−4%	0.00 pp	35 q
MCDMcDonald's Corporation	0.04%	14,489	$4M	trimmed−1%	0.00 pp	35 q
GOOGLAlphabet Inc. Class A	0.03%	1,295	$4M	added+1%	0.00 pp	26 q
BRK.ABerkshire Hathaway Inc.	0.03%	7	$3M	held	—	34 q
CSIICardiovascular Systems, Inc.	0.03%	166,953	$3M	trimmed−0%	−0.02 pp	30 q
CYBECyberoptics Corp	0.03%	76,806	$4M	trimmed−4%	0.00 pp	20 q
XOMExxon Mobil Corp	0.03%	47,125	$3M	trimmed−14%	0.00 pp	35 q
SU6Surmodics Inc	0.03%	60,464	$3M	trimmed−0%	0.00 pp	10 q
AMCRAmcor plc	0.03%	249,483	$3M	trimmed−13%	0.00 pp	11 q
CMBMFCambium Networks Corp Ord	0.03%	133,481	$3M	added+38%	0.00 pp	3 q
ALRSAlerus Financial Corporation	0.02%	58,100	$2M	new	+0.02 pp	new
AMGNAmgen Inc	0.02%	8,567	$2M	trimmed−1%	0.00 pp	35 q
CSCOCisco Systems, Inc. (DE)	0.02%	33,424	$2M	added+24%	+0.01 pp	35 q
CTASCintas Corp	0.02%	3,950	$2M	trimmed−0%	0.00 pp	7 q
KOCoca-Cola Company	0.02%	28,862	$2M	trimmed−2%	0.00 pp	35 q
COSTCostco Wholesale Corp	0.02%	3,174	$2M	added+20%	+0.01 pp	35 q
IDXXIdexx Laboratories Inc	0.02%	3,390	$2M	trimmed−0%	0.00 pp	33 q
IVViShares Core S&P 500 ETF	0.02%	4,072	$2M	added+3%	0.00 pp	35 q
LOWLowe's Companies Inc.	0.02%	7,335	$2M	added+1%	+0.01 pp	35 q
ORCLOracle Corp	0.02%	27,642	$2M	added+6%	0.00 pp	35 q
PEPPepsiCo, Inc.	0.02%	12,589	$2M	added+4%	0.00 pp	35 q
SCHFSchwab International Equity ETF	0.02%	43,000	$2M	held	—	35 q
SKYTSkyWater Technology	0.02%	138,753	$2M	added0%	−0.02 pp	3 q
SNASnap-on Incorporated	0.02%	10,460	$2M	trimmed−2%	0.00 pp	35 q
UNPUnion Pacific Corp.	0.02%	8,327	$2M	trimmed−1%	0.00 pp	23 q
TAT&T Inc.	0.01%	25,487	$627,000	trimmed−11%	0.00 pp	35 q
ADBEAdobe Inc.	0.01%	1,310	$743,000	held	—	25 q
AEBAAllete Inc	0.01%	20,088	$1M	trimmed−13%	0.00 pp	35 q
AMTAmerican Tower Corporation	0.01%	2,020	$591,000	held	—	16 q
AMPAmeriprise Financial, Inc.	0.01%	2,175	$656,000	trimmed−8%	0.00 pp	34 q
BACBank of America Corporation	0.01%	13,516	$601,000	added+1%	0.00 pp	35 q
BDXBecton, Dickinson and Co.	0.01%	3,851	$968,000	trimmed−1%	0.00 pp	35 q
BABoeing Company	0.01%	2,944	$593,000	trimmed−16%	0.00 pp	35 q
CSXCSX Corporation	0.01%	18,342	$690,000	trimmed−5%	0.00 pp	20 q
CVRXCVRx, Inc.	0.01%	82,050	$1M	new	+0.01 pp	new
CATCaterpillar Inc.	0.01%	7,320	$2M	added+7%	0.00 pp	35 q
COPConocoPhillips	0.01%	13,249	$956,000	trimmed−4%	0.00 pp	35 q
DLXDeluxe Corporation	0.01%	30,036	$964,000	trimmed−0%	0.00 pp	35 q
METAMeta Platforms, Inc. Class A	0.01%	2,925	$984,000	added+4%	0.00 pp	12 q
HYLNHyliion Holdings Corp.	0.01%	172,767	$1M	added+16%	0.00 pp	5 q
IBMInternational Business Machines Corporation	0.01%	4,114	$550,000	trimmed−23%	0.00 pp	35 q
QQQInvesco QQQ Trust, Series 1	0.01%	2,858	$1M	added×2.3	+0.01 pp	8 q
EFAiShares MSCI EAFE ETF	0.01%	7,519	$592,000	added×2.4	+0.01 pp	35 q
NVECNVE Corp	0.01%	10,999	$751,000	trimmed−41%	0.00 pp	35 q
NKENike, Inc.	0.01%	4,437	$740,000	added+10%	0.00 pp	19 q
NSCNorfolk Southern Corp.	0.01%	4,393	$1M	added0%	0.00 pp	35 q
PDCOPatterson Companies, Inc.	0.01%	18,502	$543,000	trimmed−88%	−0.04 pp	35 q
PAYXPaychex Inc	0.01%	7,730	$1M	added×2.8	+0.01 pp	7 q
RTXRTX Corporation	0.01%	11,062	$952,000	added+12%	0.00 pp	35 q
XLKState Street Technology Select Sector SPDR ETF	0.01%	3,452	$600,000	held	—	12 q
SHYFThe Shyft Group, Inc.	0.01%	13,557	$666,000	added+3%	0.00 pp	5 q
SBUXStarbucks Corp	0.01%	8,810	$1M	added+4%	0.00 pp	20 q
TSLATesla, Inc.	0.01%	518	$547,000	held	—	6 q
TMOThermo Fisher Scientific, Inc.	0.01%	1,204	$803,000	added+5%	0.00 pp	32 q
VTIVanguard Morningstar Total Stock Market ETF	0.01%	2,411	$582,000	trimmed−4%	0.00 pp	5 q
VCELVericel Corporation	0.01%	26,825	$1M	trimmed−1%	0.00 pp	10 q
WMTWalmart Inc.	0.01%	5,151	$745,000	trimmed−2%	0.00 pp	35 q
WYWeyerhaeuser Company	0.01%	22,607	$931,000	added0%	0.00 pp	33 q
ACNAccenture PLC	0.01%	1,310	$543,000	held	—	6 q
MOAltria Group, Inc.	0.00%	5,021	$238,000	added0%	0.00 pp	2 q
AMEAmetek, Inc.	0.00%	1,471	$216,000	trimmed−39%	0.00 pp	7 q
AMATApplied Materials Inc	0.00%	1,675	$264,000	trimmed−69%	−0.01 pp	20 q
ADSKAutodesk Inc	0.00%	825	$232,000	held	—	5 q
AXGNAxogen, Inc.	0.00%	27,299	$256,000	held	—	10 q
BIIBBiogen Inc.	0.00%	1,025	$246,000	held	—	35 q
BXBlackstone Inc.	0.00%	2,427	$314,000	trimmed−41%	0.00 pp	11 q
BSXBoston Scientific Corp.	0.00%	4,768	$203,000	held	—	2 q
AVGOBroadcom Inc.	0.00%	325	$216,000	new	0.00 pp	new
CARRCarrier Global Corporation	0.00%	5,261	$285,000	trimmed−8%	0.00 pp	6 q
CLColgate-Palmolive Company	0.00%	2,686	$229,000	new	0.00 pp	new
CMCSAComcast Corp	0.00%	6,088	$306,000	added+9%	0.00 pp	21 q
CMICummins Inc.	0.00%	1,231	$269,000	added+33%	0.00 pp	4 q
DHRDanaher Corporation	0.00%	959	$316,000	added+4%	0.00 pp	6 q
DEDeere & Company	0.00%	1,243	$426,000	added+36%	0.00 pp	6 q
DDominion Energy, Inc	0.00%	5,064	$398,000	added+9%	0.00 pp	35 q
DUKDuke Energy Corporation	0.00%	2,467	$259,000	trimmed−4%	0.00 pp	6 q
EWEdwards Lifesciences Corp	0.00%	1,593	$206,000	new	0.00 pp	new
EPDEnterprise Products Partners L.P.	0.00%	9,600	$211,000	held	—	5 q
FLTCorpay, Inc.	0.00%	1,074	$240,000	added+7%	0.00 pp	7 q
FFord Motor Company	0.00%	15,000	$312,000	trimmed−21%	0.00 pp	4 q
GEGE Aerospace	0.00%	2,193	$207,000	trimmed−6%	0.00 pp	2 q
GPCGenuine Parts Company	0.00%	1,950	$273,000	held	—	4 q
HWKNHawkins Inc	0.00%	13,320	$525,000	held	—	35 q
HBANHuntington Bancshares Inc	0.00%	28,117	$434,000	held	—	3 q
IPGPIPG Photonics Corporation	0.00%	1,500	$258,000	held	—	7 q
ITWIllinois Tool Works Inc.	0.00%	2,151	$531,000	added+20%	0.00 pp	20 q
IXNiShares Global Tech ETF	0.00%	3,684	$237,000	held	—	3 q
IWRiShares Russell Mid-Cap ETF	0.00%	5,864	$487,000	added+75%	0.00 pp	3 q
IWOiShares Russell 2000 Growth ETF	0.00%	694	$203,000	new	0.00 pp	new
IJRiShares Core S&P Small-Cap ETF	0.00%	3,761	$431,000	new	0.00 pp	new
IEFAiShares Core MSCI EAFE ETF	0.00%	4,903	$366,000	new	0.00 pp	new
KELKellanova	0.00%	4,373	$282,000	new	0.00 pp	new
MRSHMarsh	0.00%	1,484	$258,000	new	0.00 pp	new
MAMastercard Incorporated	0.00%	1,438	$517,000	held	—	17 q
MKCMcCormick & Company, Incorporated Non-VTG CS	0.00%	2,700	$261,000	held	—	7 q
MDLZMondelez International, Inc. Class A	0.00%	3,702	$245,000	trimmed−17%	0.00 pp	4 q
NNDMNano Dimension Ltd.	0.00%	10,000	$38,000	new	0.00 pp	new
NEENextEra Energy, Inc.	0.00%	5,530	$516,000	added+91%	0.00 pp	35 q
NVSNovartis AG	0.00%	2,536	$222,000	new	0.00 pp	new
NMSNuveen Minnesota Quality Municipal Income Fund	0.00%	31,200	$469,000	held	—	29 q
OTISOtis Worldwide Corporation	0.00%	2,784	$242,000	held	—	7 q
PMPhilip Morris International Inc.	0.00%	4,723	$449,000	trimmed−2%	0.00 pp	35 q
PSXPhillips 66	0.00%	5,780	$419,000	trimmed−2%	0.00 pp	35 q
PLUGPlug Power Inc.	0.00%	10,000	$282,000	held	—	11 q
PCYOPure Cycle Corporation	0.00%	14,047	$205,000	added+18%	0.00 pp	35 q
SEICSEI Investments Co	0.00%	3,300	$201,000	new	0.00 pp	new
SONYSony Group Corporation	0.00%	2,125	$269,000	held	—	5 q
SOThe Southern Company	0.00%	3,500	$240,000	trimmed−16%	0.00 pp	12 q
VIGVanguard Dividend Appreciation ETF	0.00%	2,791	$479,000	held	—	20 q
VGTVanguard Information Technology ETF	0.00%	730	$334,000	trimmed−6%	0.00 pp	5 q
VNQVanguard Real Estate ETF	0.00%	3,765	$437,000	new	0.00 pp	new
VUGVanguard Morningstar Growth ETF	0.00%	803	$258,000	held	—	5 q
WECWEC Energy Group, Inc.	0.00%	4,444	$431,000	trimmed−39%	−0.01 pp	27 q
WBAWalgreens Boots Alliance, Inc	0.00%	7,075	$369,000	trimmed−2%	0.00 pp	29 q
ZTSZoetis Inc.	0.00%	1,704	$416,000	added+5%	0.00 pp	16 q
TTTrane Technologies plc	0.00%	1,179	$238,000	held	—	5 q
CLBCore Laboratories Inc.	0.00%	9,085	$203,000	held	—	14 q
CORCoresite Realty Corp	—	−1,057,458	—	exited	−1.47 pp	—
MVSTMicrovast Holdings, Inc.	—	−70,100	—	exited	−0.01 pp	—
BPBP p.l.c.	—	−7,526	—	exited	0.00 pp	—
EXCExelon Corporation	—	−6,278	—	exited	0.00 pp	—
MDUMDU Resources Group, Inc.	—	−7,933	—	exited	0.00 pp	—
RETAReata Pharmaceuticals, Inc. Class A	—	−2,000	—	exited	0.00 pp	—
XYZBlock, Inc.	—	−1,000	—	exited	0.00 pp	—
XYLXylem Inc	—	−1,620	—	exited	0.00 pp	—