Mairs & Power

Q3 2023 13F · by Andrew Adams, CIO

As of: Sep 30, 2023
Filed: Nov 14, 2023
US stock: $8.5B · prev $9.2B
Positions: 214 · prev 226
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%

Moves189 since the prior filing

+1.9 pp in · −1.9 pp out

New 6 +0.02 pp
Added 45 +1.84 pp
Trimmed 120 −1.85 pp
Exited 18 −0.03 pp

The book

Focused · behaves like 36 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 9.0% a year, about 11.2 years per position

Low
Moderate
High

Top 5 positions26% of US stock

MSFT Microsoft Corp trimmed−0.05 pp trimmed−0.057.6%
GOOG Alphabet Inc. Class C trimmed+0.67 pp trimmed+0.675.2%
UNH UNITEDHEALTH GROUP INCORPORATED (Delaware) added+0.68 pp added+0.684.8%
NVDA Nvidia Corp trimmed−0.15 pp trimmed−0.154.1%
AMZN Amazon.Com Inc trimmed+0.12 pp trimmed+0.124.0%

Positions214 in this filing · 18 exited


MSFTMicrosoft Corp	7.59%	2,047,386	$646M	trimmed−1%	−0.05 pp	42 q
GOOGAlphabet Inc. Class C	5.23%	3,377,890	$445M	trimmed−2%	+0.67 pp	38 q
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	4.79%	808,787	$408M	added+3%	+0.68 pp	42 q
NVDANvidia Corp	4.13%	809,488	$352M	trimmed−13%	−0.15 pp	18 q
AMZNAmazon.Com Inc	3.98%	2,664,451	$339M	trimmed−2%	+0.12 pp	40 q
GGGGraco Inc	3.58%	4,186,367	$305M	added0%	−0.34 pp	42 q
TTCToro Company (The)	3.13%	3,206,648	$266M	added+7%	−0.18 pp	42 q
JPMJPMorgan Chase & Co.	2.87%	1,685,291	$244M	added+2%	+0.26 pp	42 q
ECLEcolab, Inc.	2.79%	1,401,841	$237M	trimmed−7%	−0.27 pp	42 q
MDTMedtronic plc	2.72%	2,957,473	$232M	added+5%	+0.02 pp	36 q
LLYEli Lilly & Co.	2.69%	426,308	$229M	trimmed−10%	+0.27 pp	42 q
FISVFiserv, Inc.	2.59%	1,952,581	$221M	trimmed−1%	−0.10 pp	42 q
LFUSLittelfuse Inc	2.55%	878,019	$217M	trimmed−2%	−0.28 pp	23 q
JNJJohnson & Johnson	2.46%	1,345,151	$210M	trimmed−4%	−0.07 pp	42 q
TECHBio-Techne Corp.	2.44%	3,053,580	$208M	trimmed−0%	−0.28 pp	37 q
USBU.S. Bancorp	2.44%	6,280,821	$208M	trimmed−11%	−0.08 pp	42 q
HRLHormel Foods Corporation	2.39%	5,350,095	$203M	added+2%	+0.09 pp	42 q
FASTFastenal Co	2.07%	3,233,893	$177M	trimmed−1%	−0.02 pp	42 q
NVTnVent Electric plc	2.02%	3,241,577	$172M	trimmed−5%	+0.10 pp	22 q
QCOMQualcomm Inc	1.91%	1,462,981	$162M	added+3%	+0.06 pp	42 q
FULH.B. Fuller Company	1.90%	2,365,311	$162M	added+1%	+0.07 pp	42 q
LNTAlliant Energy Corporation	1.77%	3,105,934	$150M	added+14%	+0.22 pp	40 q
MSIMotorola Solutions, Inc. New	1.70%	531,911	$145M	trimmed−1%	−0.01 pp	21 q
SHWThe Sherwin-Williams Company	1.69%	564,082	$144M	trimmed−1%	+0.05 pp	19 q
VVISA Inc.	1.69%	626,489	$144M	added0%	+0.07 pp	42 q
ABTAbbott Laboratories	1.48%	1,298,999	$126M	trimmed−0%	−0.07 pp	42 q
HONHoneywell International, Inc.	1.46%	675,434	$125M	added+4%	−0.01 pp	42 q
WFCWells Fargo & Co.	1.38%	2,881,836	$118M	trimmed−6%	−0.05 pp	42 q
DCIDonaldson Company, Inc.	1.36%	1,944,960	$116M	trimmed−13%	−0.16 pp	42 q
ROKRockwell Automation, Inc.	1.26%	375,552	$107M	added0%	−0.08 pp	17 q
ENTGEntegris Inc	1.25%	1,137,765	$107M	added+1%	−0.11 pp	8 q
TNCTennant Company	1.16%	1,331,814	$99M	trimmed−8%	−0.11 pp	42 q
SYYSysco Corporation	1.08%	1,394,739	$92M	trimmed−0%	−0.05 pp	41 q
PFGPrincipal Financial Group, Inc.	1.01%	1,193,278	$86M	trimmed−1%	+0.02 pp	42 q
VZVerizon Communications	1.00%	2,630,183	$85M	added×48.8	+0.98 pp	42 q
SCHWThe Charles Schwab Corporation	0.95%	1,477,539	$81M	trimmed−4%	+0.01 pp	42 q
WKWorkiva Inc.	0.94%	793,265	$80M	trimmed−2%	+0.05 pp	32 q
CRMSalesforce, Inc.	0.68%	285,129	$58M	trimmed−6%	−0.02 pp	8 q
HDHome Depot, Inc.	0.66%	186,586	$56M	trimmed−2%	+0.02 pp	42 q
TGTTarget Corporation	0.60%	459,678	$51M	added0%	−0.06 pp	42 q
CHRWC.H. Robinson Worldwide, Inc.	0.58%	570,671	$49M	trimmed−10%	−0.07 pp	42 q
PIIPolaris Inc.	0.46%	379,124	$39M	added+1%	−0.03 pp	11 q
AXPAmerican Express Company	0.44%	248,726	$37M	trimmed−1%	−0.04 pp	42 q
ONBOld National Bancorp	0.37%	2,163,702	$31M	held	—	23 q
UPSUnited Parcel Service, Inc. Class B	0.37%	201,092	$31M	trimmed−5%	−0.04 pp	42 q
DISThe Walt Disney Company	0.35%	367,282	$30M	trimmed−28%	−0.14 pp	42 q
DGIIDigi International Inc	0.32%	1,012,214	$27M	trimmed−7%	−0.15 pp	21 q
AAPLApple Inc.	0.30%	150,504	$26M	trimmed−0%	−0.02 pp	42 q
MMM3M Company	0.30%	269,097	$25M	trimmed−15%	−0.05 pp	42 q
GNRCGenerac Holdings Inc	0.28%	215,982	$24M	trimmed−25%	−0.19 pp	39 q
TXNTexas Instruments Incorporated	0.26%	140,116	$22M	added+28%	+0.05 pp	13 q
BMIBadger Meter, Inc.	0.25%	145,690	$21M	trimmed−4%	+0.01 pp	42 q
ADPAutomatic Data Processing	0.24%	83,561	$20M	added+22%	+0.08 pp	42 q
THRMGentherm Inc	0.23%	361,436	$20M	trimmed−0%	+0.01 pp	40 q
PGProcter & Gamble Company	0.23%	134,504	$20M	trimmed−3%	0.00 pp	42 q
XELXcel Energy, Inc.	0.22%	334,863	$19M	added+2%	0.00 pp	42 q
JAMFJamf Holding Corp.	0.21%	1,031,793	$18M	trimmed−35%	−0.13 pp	13 q
NTRSNorthern Trust Corp	0.19%	226,882	$16M	trimmed−49%	−0.17 pp	7 q
HSYThe Hershey Company	0.18%	78,170	$16M	added+29%	+0.02 pp	42 q
CASYCasey's General Stores Inc	0.17%	52,268	$14M	trimmed−7%	+0.02 pp	42 q
AIRAAR Corp.	0.15%	210,165	$13M	trimmed−12%	0.00 pp	22 q
INSPInspire Medical Systems, Inc.	0.15%	62,511	$12M	added+19%	−0.04 pp	22 q
TRVThe Travelers Companies, Inc.	0.15%	80,201	$13M	trimmed−2%	0.00 pp	42 q
WTFCWintrust Financial Corp	0.15%	165,357	$12M	trimmed−19%	−0.01 pp	42 q
AZEKThe AZEK Company Inc.	0.14%	403,913	$12M	trimmed−0%	+0.01 pp	9 q
ALTRAltair Engineering Inc. Class A	0.13%	181,928	$11M	added+15%	0.00 pp	6 q
GISGeneral Mills, Inc.	0.12%	155,732	$10M	trimmed−4%	−0.02 pp	42 q
JBTMJBT Marel Corporation	0.12%	99,954	$11M	added+11%	0.00 pp	7 q
BRK.BBERKSHIRE HATHAWAY Class B	0.11%	26,940	$9M	added+4%	+0.01 pp	42 q
CTLTCatalent, Inc.	0.11%	203,667	$9M	trimmed−70%	−0.21 pp	27 q
CFRCullen/Frost Bankers Inc.	0.11%	106,336	$10M	trimmed−8%	−0.02 pp	29 q
MEDPMedpace Holdings, Inc.	0.11%	37,091	$9M	added0%	+0.01 pp	5 q
PLXSPlexus Corp	0.11%	105,002	$10M	added+3%	0.00 pp	14 q
MGPIMGP Ingredients Inc	0.10%	76,948	$8M	added+4%	+0.01 pp	20 q
PFEPfizer Inc.	0.10%	257,552	$9M	trimmed−21%	−0.03 pp	42 q
EMREmerson Electric Co.	0.09%	80,328	$8M	trimmed−4%	+0.01 pp	42 q
HUBGHUB Group Inc	0.09%	98,725	$8M	trimmed−7%	0.00 pp	42 q
QCRHQCR Holdings Inc	0.09%	157,470	$8M	added0%	+0.02 pp	27 q
ABBVAbbvie Inc.	0.08%	47,982	$7M	trimmed−3%	+0.01 pp	42 q
BAXBaxter International Inc.	0.08%	177,188	$7M	trimmed−20%	−0.03 pp	42 q
BKHBlack Hills Corporation	0.08%	131,625	$7M	added+8%	0.00 pp	27 q
GBCIGlacier Bancorp Inc	0.08%	229,225	$7M	trimmed−0%	0.00 pp	29 q
ASBAssociated Banc-Corp	0.07%	350,878	$6M	trimmed−5%	0.00 pp	42 q
CLFDClearfield, Inc.	0.07%	217,426	$6M	added+23%	−0.02 pp	4 q
GLWCorning Incorporated	0.07%	191,511	$6M	trimmed−13%	−0.01 pp	42 q
MRKMerck & Co., Inc.	0.07%	59,345	$6M	trimmed−1%	0.00 pp	42 q
NWENorthWestern Energy Group, Inc.	0.07%	127,140	$6M	added+8%	0.00 pp	17 q
OSKOshkosh Corp.	0.07%	59,916	$6M	trimmed−14%	0.00 pp	42 q
PJCPiper Sandler Companies	0.07%	39,600	$6M	added+54%	+0.03 pp	3 q
PNRPentair plc	0.07%	97,171	$6M	trimmed−12%	−0.01 pp	38 q
CATCaterpillar Inc.	0.06%	17,580	$5M	trimmed−0%	+0.01 pp	42 q
42OPhysicians Realty Trust	0.06%	431,089	$5M	trimmed−0%	−0.01 pp	36 q
CVXChevron Corporation	0.05%	25,334	$4M	trimmed−3%	+0.01 pp	42 q
NEOGNeogen Corp	0.05%	236,380	$4M	added+21%	0.00 pp	5 q
SPYState Street SPDR S&P 500 ETF Trust	0.05%	10,253	$4M	trimmed−33%	−0.02 pp	42 q
SCHBSchwab U.S. Broad Market ETF	0.05%	84,720	$4M	held	—	42 q
GOOGLAlphabet Inc. Class A	0.04%	28,401	$4M	trimmed−8%	0.00 pp	33 q
BRK.ABerkshire Hathaway Inc.	0.04%	6	$3M	trimmed−14%	0.00 pp	41 q
XOMExxon Mobil Corp	0.04%	31,487	$4M	trimmed−3%	0.00 pp	42 q
IVViShares Core S&P 500 ETF	0.04%	7,643	$3M	added×2.2	+0.02 pp	42 q
MCSThe Marcus Corporation	0.04%	208,031	$3M	trimmed−45%	−0.02 pp	30 q
MCDMcDonald's Corporation	0.04%	14,110	$4M	trimmed−4%	−0.01 pp	42 q
SNBRQSleep Number Corp	0.04%	149,958	$4M	trimmed−8%	−0.01 pp	14 q
ALRSAlerus Financial Corporation	0.03%	141,319	$3M	added0%	0.00 pp	8 q
BMYBristol-Myers Squibb Co.	0.03%	50,102	$3M	trimmed−19%	−0.01 pp	42 q
CVRXCVRx, Inc.	0.03%	166,573	$3M	held	—	8 q
COPConocoPhillips	0.03%	24,700	$3M	trimmed−1%	0.00 pp	42 q
INTCIntel Corp	0.03%	69,102	$2M	trimmed−23%	0.00 pp	42 q
ORCLOracle Corp	0.03%	26,109	$3M	trimmed−8%	−0.01 pp	42 q
PANWPalo Alto Networks, Inc.	0.03%	10,510	$2M	added+5%	0.00 pp	3 q
ZBHZimmer Biomet Holdings, Inc.	0.03%	20,785	$2M	trimmed−8%	−0.01 pp	42 q
AMGNAmgen Inc	0.02%	7,475	$2M	trimmed−2%	0.00 pp	42 q
BDXBecton, Dickinson and Co.	0.02%	7,907	$2M	trimmed−2%	0.00 pp	42 q
CTASCintas Corp	0.02%	3,809	$2M	trimmed−5%	0.00 pp	14 q
KOCoca-Cola Company	0.02%	24,047	$1M	trimmed−15%	0.00 pp	42 q
COSTCostco Wholesale Corp	0.02%	3,450	$2M	trimmed−5%	0.00 pp	42 q
EXKExact Sciences Corp	0.02%	23,800	$2M	held	—	4 q
KMBKimberly-Clark Corp.	0.02%	14,766	$2M	trimmed−9%	0.00 pp	42 q
LOWLowe's Companies Inc.	0.02%	7,077	$1M	trimmed−1%	0.00 pp	42 q
MOSThe Mosaic Company	0.02%	39,000	$1M	held	—	5 q
PEPPepsiCo, Inc.	0.02%	9,212	$2M	trimmed−6%	0.00 pp	42 q
SKYTSkyWater Technology	0.02%	224,540	$1M	trimmed−0%	0.00 pp	10 q
SNASnap-on Incorporated	0.02%	7,860	$2M	trimmed−8%	−0.01 pp	42 q
UNPUnion Pacific Corp.	0.02%	6,914	$1M	added+23%	+0.01 pp	30 q
WYWeyerhaeuser Company	0.02%	51,781	$2M	added+20%	0.00 pp	40 q
WWDWoodward, Inc.	0.02%	14,000	$2M	held	—	5 q
AMCRAmcor plc	0.02%	189,220	$2M	trimmed−13%	0.00 pp	18 q
ADBEAdobe Inc.	0.01%	1,850	$943,315	trimmed−17%	0.00 pp	32 q
AEBAAllete Inc	0.01%	13,608	$718,502	trimmed−16%	0.00 pp	42 q
AWKAmerican Water Works Company, Inc	0.01%	5,000	$619,150	trimmed−8%	0.00 pp	5 q
AMPAmeriprise Financial, Inc.	0.01%	2,162	$712,768	held	—	41 q
AMATApplied Materials Inc	0.01%	7,477	$1M	trimmed−3%	0.00 pp	27 q
BPBP p.l.c.	0.01%	15,600	$604,032	trimmed−7%	0.00 pp	5 q
BACBank of America Corporation	0.01%	25,517	$698,655	trimmed−9%	0.00 pp	42 q
BMOBank of Montreal	0.01%	9,000	$759,330	held	—	5 q
BABoeing Company	0.01%	2,671	$511,977	added+6%	0.00 pp	42 q
BSXBoston Scientific Corp.	0.01%	10,296	$543,629	trimmed−5%	0.00 pp	5 q
CSCOCisco Systems, Inc. (DE)	0.01%	20,481	$1M	added+4%	0.00 pp	42 q
ELANElanco Animal Health Incorporated	0.01%	78,794	$885,645	trimmed−48%	−0.01 pp	19 q
METAMeta Platforms, Inc. Class A	0.01%	2,070	$621,435	trimmed−18%	0.00 pp	19 q
GEGE Aerospace	0.01%	7,446	$823,155	trimmed−1%	0.00 pp	5 q
HOGHarley-Davidson, Inc.	0.01%	14,350	$474,411	held	—	5 q
HWKNHawkins Inc	0.01%	13,320	$783,882	held	—	42 q
HBANHuntington Bancshares Inc	0.01%	42,621	$443,258	held	—	10 q
IEXIDEX Corporation	0.01%	4,000	$832,080	held	—	5 q
IDXXIdexx Laboratories Inc	0.01%	2,828	$1M	held	—	40 q
QQQInvesco QQQ Trust, Series 1	0.01%	2,372	$849,816	trimmed−1%	0.00 pp	15 q
DVYiShares Select Dividend ETF	0.01%	7,450	$801,922	new	+0.01 pp	new
IWOiShares Russell 2000 Growth ETF	0.01%	1,973	$442,248	new	+0.01 pp	new
NVECNVE Corp	0.01%	7,400	$607,836	trimmed−1%	0.00 pp	5 q
NKENike, Inc.	0.01%	4,558	$435,836	trimmed−9%	0.00 pp	26 q
NSCNorfolk Southern Corp.	0.01%	3,722	$732,973	trimmed−7%	0.00 pp	42 q
PDCOPatterson Companies, Inc.	0.01%	42,830	$1M	trimmed−1%	−0.01 pp	42 q
PAYXPaychex Inc	0.01%	4,137	$477,120	trimmed−14%	0.00 pp	14 q
PMPhilip Morris International Inc.	0.01%	4,745	$439,292	trimmed−5%	0.00 pp	42 q
PSXPhillips 66	0.01%	7,679	$922,632	trimmed−4%	0.00 pp	42 q
RTXRTX Corporation	0.01%	9,005	$648,090	trimmed−6%	0.00 pp	42 q
SHELShell plc	0.01%	13,920	$896,170	held	—	5 q
SLBSLB Limited	0.01%	14,625	$852,638	trimmed−7%	0.00 pp	5 q
SCHFSchwab International Equity ETF	0.01%	15,000	$509,400	held	—	42 q
XLKState Street Technology Select Sector SPDR ETF	0.01%	7,712	$1M	added+4%	0.00 pp	19 q
SBUXStarbucks Corp	0.01%	6,015	$548,976	trimmed−13%	0.00 pp	27 q
SYKStryker Corporation	0.01%	4,050	$1M	trimmed−1%	0.00 pp	5 q
RGRSturm, Ruger & Company, Inc.	0.01%	12,000	$625,440	held	—	5 q
TMOThermo Fisher Scientific, Inc.	0.01%	1,564	$791,650	trimmed−10%	0.00 pp	39 q
UFCSUnited Fire Group Inc.	0.01%	26,000	$513,500	held	—	5 q
VIGVanguard Dividend Appreciation ETF	0.01%	4,457	$692,529	added+3%	0.00 pp	27 q
VCELVericel Corporation	0.01%	25,915	$868,671	held	—	17 q
WMTWalmart Inc.	0.01%	6,908	$1M	trimmed−7%	0.00 pp	42 q
CBChubb Limited	0.01%	2,985	$621,417	trimmed−3%	0.00 pp	5 q
TAT&T Inc.	0.00%	23,184	$348,224	trimmed−5%	0.00 pp	42 q
MOAltria Group, Inc.	0.00%	5,037	$211,796	trimmed−29%	0.00 pp	9 q
AMTAmerican Tower Corporation	0.00%	2,399	$394,516	added+8%	0.00 pp	23 q
AMEAmetek, Inc.	0.00%	1,471	$217,355	held	—	4 q
AXGNAxogen, Inc.	0.00%	22,000	$110,000	held	—	17 q
BBYBest Buy Company, Inc.	0.00%	5,750	$399,453	added+5%	0.00 pp	5 q
BIIBBiogen Inc.	0.00%	950	$244,160	trimmed−7%	0.00 pp	42 q
BRCBrady Corporation	0.00%	7,000	$384,440	held	—	5 q
CMCanadian Imperial Bank of Commerce	0.00%	10,176	$392,895	held	—	5 q
CARRCarrier Global Corporation	0.00%	3,960	$218,592	new	0.00 pp	new
CLFCleveland-Cliffs Inc.	0.00%	26,000	$406,380	held	—	2 q
CLColgate-Palmolive Company	0.00%	3,001	$213,401	trimmed−18%	0.00 pp	4 q
CMCSAComcast Corp	0.00%	5,287	$234,426	new	0.00 pp	new
DAKTDaktronics Inc	0.00%	19,000	$169,480	held	—	5 q
DHRDanaher Corporation	0.00%	1,219	$302,434	trimmed−11%	0.00 pp	13 q
DEDeere & Company	0.00%	859	$324,169	trimmed−8%	0.00 pp	13 q
FFord Motor Company	0.00%	15,600	$193,752	held	—	11 q
GPCGenuine Parts Company	0.00%	1,950	$281,541	held	—	11 q
ITWIllinois Tool Works Inc.	0.00%	1,624	$374,023	held	—	27 q
IJRiShares Core S&P Small-Cap ETF	0.00%	2,330	$219,789	new	0.00 pp	new
LMTLockheed Martin Corp.	0.00%	1,028	$420,411	held	—	3 q
MSAMine Safety Incorporated	0.00%	1,470	$231,746	held	—	2 q
MRSHMarsh	0.00%	2,172	$413,332	held	—	8 q
MAMastercard Incorporated	0.00%	901	$356,715	trimmed−1%	0.00 pp	24 q
MDLZMondelez International, Inc. Class A	0.00%	3,409	$236,585	held	—	4 q
MURMurphy Oil Corp.	0.00%	5,000	$226,750	new	0.00 pp	new
NEMNewmont Corporation	0.00%	8,000	$295,600	held	—	5 q
NEENextEra Energy, Inc.	0.00%	4,514	$258,607	trimmed−10%	0.00 pp	42 q
NMSNuveen Minnesota Quality Municipal Income Fund	0.00%	31,200	$304,200	held	—	36 q
PLUGPlug Power Inc.	0.00%	10,000	$76,000	held	—	18 q
RFRegions Financial Corp.	0.00%	15,000	$258,000	held	—	5 q
SHYFThe Shyft Group, Inc.	0.00%	10,000	$149,700	held	—	12 q
SWBISmith & Wesson Brands, Inc.	0.00%	10,000	$129,100	held	—	5 q
SNAPSnap Inc.	0.00%	10,000	$89,100	held	—	2 q
SONSonoco Products Company	0.00%	5,000	$271,750	held	—	5 q
SU6Surmodics Inc	0.00%	10,000	$320,900	held	—	17 q
TSLATesla, Inc.	0.00%	1,554	$388,842	held	—	3 q
URIUnited Rentals, Inc.	0.00%	550	$244,514	trimmed−42%	0.00 pp	3 q
VUGVanguard Morningstar Growth ETF	0.00%	1,543	$420,174	trimmed−14%	−0.01 pp	3 q
VRTXVertex Pharmaceuticals Inc	0.00%	755	$262,544	added+15%	0.00 pp	2 q
WECWEC Energy Group, Inc.	0.00%	4,352	$350,554	trimmed−8%	0.00 pp	34 q
ZTSZoetis Inc.	0.00%	1,923	$334,564	held	—	3 q
ACNAccenture PLC	0.00%	726	$222,962	trimmed−35%	0.00 pp	13 q
TTTrane Technologies plc	0.00%	1,179	$239,231	held	—	3 q
FIBKFirst Interstate BancSystem, Inc. (DE)	—	−110,947	—	exited	−0.03 pp	—
AIYActivision Blizzard Inc	—	−3,152	—	exited	0.00 pp	—
AMDAdvanced Micro Devices	—	−3,000	—	exited	0.00 pp	—
BCSBarclays PLC	—	−20,000	—	exited	0.00 pp	—
BLQADBlackrock Inc	—	−380	—	exited	0.00 pp	—
AVGOBroadcom Inc.	—	−519	—	exited	0.00 pp	—
CAHCardinal Health, Inc.	—	−2,238	—	exited	0.00 pp	—
CMGChipotle Mexican Grill, Inc.	—	−100	—	exited	0.00 pp	—
CMICummins Inc.	—	−1,042	—	exited	0.00 pp	—
EWEdwards Lifesciences Corp	—	−2,938	—	exited	0.00 pp	—
EPDEnterprise Products Partners L.P.	—	−12,310	—	exited	0.00 pp	—
EFAiShares MSCI EAFE ETF	—	−2,792	—	exited	0.00 pp	—
OTISOtis Worldwide Corporation	—	−2,276	—	exited	0.00 pp	—
OTTROtter Tail Corp	—	−2,800	—	exited	0.00 pp	—
SOThe Southern Company	—	−2,960	—	exited	0.00 pp	—
VLOValero Energy Corporation	—	−1,725	—	exited	0.00 pp	—
VOTVanguard Morningstar Mid-Cap Growth ETF	—	−1,110	—	exited	0.00 pp	—
LINLinde plc	—	−532	—	exited	0.00 pp	—