Mairs & Power Growth Fund is run by the firm’s CIO Bill Frels. Over the past 10 years, the fund averaged 7.6% a year, while the market is negative. The Fund gained 7.9% versus 5.4% for the S&P 500 index in the first quarter. This is the Q1 portfolio update of Mairs & Power Inc.
According to the most recent filings of his investment company, Mairs & Power Inc., Bill Frels owns 132 stocks with a total value of $3.3 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Bill Frels
Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $294.84 billion; its shares were traded at around $62.45 with a P/E ratio of 14.1 and P/S ratio of 1. The dividend yield of Exxon Mobil Corp. stocks is 2.8%. Exxon Mobil Corp. had an annual average earning growth of 11.2% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 3.5-star.
Badger Meter, Inc. is a marketer and manufacturer of products, and a provider of services, using flow measurement and control technologies serving markets worldwide. Badger Meter Inc has a market cap of $598.2 million; its shares were traded at around $39.94 with a P/E ratio of 23.7 and P/S ratio of 2.3. The dividend yield of Badger Meter Inc stocks is 1.1%. Badger Meter Inc had an annual average earning growth of 19.3% over the past 10 years. GuruFocus rated Badger Meter Inc the business predictability rank of 3-star.
Ishares S&p 500 Index Fund has a market cap of $21.89 billion; its shares were traded at around $112.14 . The dividend yield of Ishares S&p 500 Index Fund stocks is 1.7%.
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Integrys Energy Group is a diversified holding company with regulated utility operations operating through six wholly owned subsidiaries. Integrys Energy Group Inc. has a market cap of $3.65 billion; its shares were traded at around $47.76 with a P/E ratio of 18.3 and P/S ratio of 0.5. The dividend yield of Integrys Energy Group Inc. stocks is 5.8%.
SEI Investments is a global provider of asset management and investment technology solutions. Sei Investments Company has a market cap of $4.12 billion; its shares were traded at around $21.72 with a P/E ratio of 20.8 and P/S ratio of 4. The dividend yield of Sei Investments Company stocks is 0.8%. Sei Investments Company had an annual average earning growth of 18.8% over the past 10 years. GuruFocus rated Sei Investments Company the business predictability rank of 4-star.
Johnson Controls, Inc. is a global market leader in automotive systems and facility management and control. Johnson Controls Inc. has a market cap of $19.29 billion; its shares were traded at around $28.71 with a P/E ratio of 18.5 and P/S ratio of 0.7. The dividend yield of Johnson Controls Inc. stocks is 1.9%.
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The Boeing Company is one of the world's major aerospace firms. The Boeing Company has a market cap of $50.12 billion; its shares were traded at around $66.21 with a P/E ratio of 39.9 and P/S ratio of 0.8. The dividend yield of The Boeing Company stocks is 2.6%.
Standard and Poor's Depository Reciepts trust is involved in the financial services industry. Spdr S&p 500 has a market cap of $75.26 billion; its shares were traded at around $111.76 . The dividend yield of Spdr S&p 500 stocks is 1.7%.
Woodward Governor Company provides innovative engine controls and fuel delivery systems designed for a wide variety of applications. Woodward Governor Company has a market cap of $2.01 billion; its shares were traded at around $29.31 with a P/E ratio of 20.8 and P/S ratio of 1.5. The dividend yield of Woodward Governor Company stocks is 0.8%. Woodward Governor Company had an annual average earning growth of 12.4% over the past 10 years.
Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. Bank Of Hawaii Corp. has a market cap of $2.33 billion; its shares were traded at around $48.56 with a P/E ratio of 14.9 and P/S ratio of 3. The dividend yield of Bank Of Hawaii Corp. stocks is 3.7%. Bank Of Hawaii Corp. had an annual average earning growth of 4.5% over the past 10 years.
Ishares Msci Eafe Index Fund has a market cap of $31.45 billion; its shares were traded at around $49.17 . The dividend yield of Ishares Msci Eafe Index Fund stocks is 2%.
STRATASYS, INC. develops, manufactures and markets a family of rapid prototyping devices that enable engineers and designers to create physical models, tooling and prototypes out of plastic and other materials directly from computer aided design workstations. Stratasys Inc. has a market cap of $500.4 million; its shares were traded at around $24.47 with a P/E ratio of 62.7 and P/S ratio of 5.1. Stratasys Inc. had an annual average earning growth of 27.5% over the past 10 years.
ISHARES RUSSELL 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U. Ishares Russell 2000 Index has a market cap of $13.57 billion; its shares were traded at around $67.54 . The dividend yield of Ishares Russell 2000 Index stocks is 1%.
Ishares Russell 1000 Growth Index Fund has a market cap of $10.89 billion; its shares were traded at around $49.61 . The dividend yield of Ishares Russell 1000 Growth Index Fund stocks is 1.2%.
Powershares Exchangetraded Fund Trust Po has a market cap of $102 million; its shares were traded at around $55.94 . The dividend yield of Powershares Exchangetraded Fund Trust Po stocks is 0.6%.
Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corp. has a market cap of $116.39 billion; its shares were traded at around $23.19 with a P/E ratio of 15.9 and P/S ratio of 4.9. The dividend yield of Oracle Corp. stocks is 0.8%. Oracle Corp. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 3-star.
CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $14.84 billion; its shares were traded at around $36.67 with and P/S ratio of 3.7.
According to the most recent filings of his investment company, Mairs & Power Inc., Bill Frels owns 132 stocks with a total value of $3.3 billion. These are the details of the buys and sells.
- New Purchases: BA, GEC, IVV, JCI, SEIC, TEG, WSF,
- Added Positions: BMI, XOM,
- Reduced Positions: BOH, EFA, SPY, SSYS, WGOV,
- Sold Out: CIT, IWF, IWM, ORCL, PRFZ,
This is the sector weightings of his portfolio:
| Industrials | 36.9% |
| Health Care | 19% |
| Financials | 13.4% |
| Basic Materials | 10.6% |
| Consumer Services | 6.1% |
| Consumer Goods | 5.7% |
| Technology | 4.5% |
| Oil & Gas | 3.2% |
| Utilities | 0.3% |
| Telecommunications | 0.2% |
These are the top 5 holdings of Bill Frels
- 3M Company (MMM) - 2,081,940 shares, 5.23% of the total portfolio. Shares reduced by 4.5%
- Medtronic Inc. (MDT) - 3,383,060 shares, 4.58% of the total portfolio. Shares reduced by 0.7%
- Emerson Electric Co. (EMR) - 2,826,109 shares, 4.28% of the total portfolio. Shares reduced by 16.41%
- Target Corp. (TGT) - 2,560,463 shares, 4.05% of the total portfolio. Shares reduced by 4.61%
- Wells Fargo & Company (WFC) - 3,965,552 shares, 3.71% of the total portfolio. Shares reduced by 4.51%
Added: Exxon Mobil Corp. (XOM, Financial)
Bill Frels added to his holdings in Exxon Mobil Corp. by 19.64%. His purchase prices were between $64.35 and $70.3, with an estimated average price of $66.76. The impact to his portfolio due to this purchase was 0.13%. His holdings were 383,944 shares as of 03/31/2010.Exxon Mobil Corporation's principal business is energy, involving exploration for, and production of, crude oil and natural gas, manufacturing of petroleum products and transportation and sale of crudeoil, natural gas and petroleum products. Exxon Mobil Corp. has a market cap of $294.84 billion; its shares were traded at around $62.45 with a P/E ratio of 14.1 and P/S ratio of 1. The dividend yield of Exxon Mobil Corp. stocks is 2.8%. Exxon Mobil Corp. had an annual average earning growth of 11.2% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 3.5-star.
Added: Badger Meter Inc (BMI, Financial)
Bill Frels added to his holdings in Badger Meter Inc by 24.46%. His purchase prices were between $35.22 and $41.99, with an estimated average price of $38.47. The impact to his portfolio due to this purchase was 0.05%. His holdings were 217,949 shares as of 03/31/2010.Badger Meter, Inc. is a marketer and manufacturer of products, and a provider of services, using flow measurement and control technologies serving markets worldwide. Badger Meter Inc has a market cap of $598.2 million; its shares were traded at around $39.94 with a P/E ratio of 23.7 and P/S ratio of 2.3. The dividend yield of Badger Meter Inc stocks is 1.1%. Badger Meter Inc had an annual average earning growth of 19.3% over the past 10 years. GuruFocus rated Badger Meter Inc the business predictability rank of 3-star.
New Purchase: Ishares S&p 500 Index Fund (IVV, Financial)
Bill Frels initiated holdings in Ishares S&p 500 Index Fund. His purchase prices were between $106.2 and $118.3, with an estimated average price of $112.85. The impact to his portfolio due to this purchase was 0.05%. His holdings were 15,240 shares as of 03/31/2010.Ishares S&p 500 Index Fund has a market cap of $21.89 billion; its shares were traded at around $112.14 . The dividend yield of Ishares S&p 500 Index Fund stocks is 1.7%.
New Purchase: Wells Fargo Capital Iv 7% Capital Securi (WSF, Financial)
Bill Frels initiated holdings in Wells Fargo Capital Iv 7% Capital Securi. His purchase prices were between $25 and $26.2, with an estimated average price of $25.43. The impact to his portfolio due to this purchase was 0.01%. His holdings were 9,920 shares as of 03/31/2010..
New Purchase: Integrys Energy Group Inc. (TEG, Financial)
Bill Frels initiated holdings in Integrys Energy Group Inc.. His purchase prices were between $40.83 and $47.42, with an estimated average price of $43.83. The impact to his portfolio due to this purchase was 0.01%. His holdings were 4,410 shares as of 03/31/2010.Integrys Energy Group is a diversified holding company with regulated utility operations operating through six wholly owned subsidiaries. Integrys Energy Group Inc. has a market cap of $3.65 billion; its shares were traded at around $47.76 with a P/E ratio of 18.3 and P/S ratio of 0.5. The dividend yield of Integrys Energy Group Inc. stocks is 5.8%.
New Purchase: Sei Investments Company (SEIC, Financial)
Bill Frels initiated holdings in Sei Investments Company. His purchase prices were between $16.94 and $21.85, with an estimated average price of $18.71. The impact to his portfolio due to this purchase was 0.01%. His holdings were 9,243 shares as of 03/31/2010.SEI Investments is a global provider of asset management and investment technology solutions. Sei Investments Company has a market cap of $4.12 billion; its shares were traded at around $21.72 with a P/E ratio of 20.8 and P/S ratio of 4. The dividend yield of Sei Investments Company stocks is 0.8%. Sei Investments Company had an annual average earning growth of 18.8% over the past 10 years. GuruFocus rated Sei Investments Company the business predictability rank of 4-star.
New Purchase: Johnson Controls Inc. (JCI, Financial)
Bill Frels initiated holdings in Johnson Controls Inc.. His purchase prices were between $27.24 and $33.37, with an estimated average price of $30.19. The impact to his portfolio due to this purchase was 0.01%. His holdings were 6,850 shares as of 03/31/2010.Johnson Controls, Inc. is a global market leader in automotive systems and facility management and control. Johnson Controls Inc. has a market cap of $19.29 billion; its shares were traded at around $28.71 with a P/E ratio of 18.5 and P/S ratio of 0.7. The dividend yield of Johnson Controls Inc. stocks is 1.9%.
New Purchase: General Electric Capital Corp. 6.10% Pub (GEC, Financial)
Bill Frels initiated holdings in General Electric Capital Corp. 6.10% Pub. His purchase prices were between $23.96 and $25, with an estimated average price of $24.64. The impact to his portfolio due to this purchase was 0.01%. His holdings were 10,000 shares as of 03/31/2010..
New Purchase: The Boeing Company (BA, Financial)
Bill Frels initiated holdings in The Boeing Company. His purchase prices were between $54.13 and $74.11, with an estimated average price of $63.64. The impact to his portfolio due to this purchase was 0.01%. His holdings were 3,045 shares as of 03/31/2010.The Boeing Company is one of the world's major aerospace firms. The Boeing Company has a market cap of $50.12 billion; its shares were traded at around $66.21 with a P/E ratio of 39.9 and P/S ratio of 0.8. The dividend yield of The Boeing Company stocks is 2.6%.
Reduced: Spdr S&p 500 (SPY, Financial)
Bill Frels reduced to his holdings in Spdr S&p 500 by 23.08%. His sale prices were between $105.89 and $117.41, with an estimated average price of $112.46. The impact to his portfolio due to this sale was less than 0.01%. Bill Frels still held 2,000 shares as of 03/31/2010.Standard and Poor's Depository Reciepts trust is involved in the financial services industry. Spdr S&p 500 has a market cap of $75.26 billion; its shares were traded at around $111.76 . The dividend yield of Spdr S&p 500 stocks is 1.7%.
Reduced: Woodward Governor Company (WGOV, Financial)
Bill Frels reduced to his holdings in Woodward Governor Company by 45.45%. His sale prices were between $25.18 and $32.36, with an estimated average price of $28.29. The impact to his portfolio due to this sale was less than 0.01%. Bill Frels still held 12,000 shares as of 03/31/2010.Woodward Governor Company provides innovative engine controls and fuel delivery systems designed for a wide variety of applications. Woodward Governor Company has a market cap of $2.01 billion; its shares were traded at around $29.31 with a P/E ratio of 20.8 and P/S ratio of 1.5. The dividend yield of Woodward Governor Company stocks is 0.8%. Woodward Governor Company had an annual average earning growth of 12.4% over the past 10 years.
Reduced: Bank Of Hawaii Corp. (BOH, Financial)
Bill Frels reduced to his holdings in Bank Of Hawaii Corp. by 33.33%. His sale prices were between $42.21 and $49.72, with an estimated average price of $45.11. The impact to his portfolio due to this sale was less than 0.01%. Bill Frels still held 10,000 shares as of 03/31/2010.Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa and the West Pacific. Bank Of Hawaii Corp. has a market cap of $2.33 billion; its shares were traded at around $48.56 with a P/E ratio of 14.9 and P/S ratio of 3. The dividend yield of Bank Of Hawaii Corp. stocks is 3.7%. Bank Of Hawaii Corp. had an annual average earning growth of 4.5% over the past 10 years.
Reduced: Ishares Msci Eafe Index Fund (EFA)
Bill Frels reduced to his holdings in Ishares Msci Eafe Index Fund by 57.4%. His sale prices were between $50.46 and $57.96, with an estimated average price of $54.59. The impact to his portfolio due to this sale was -0.01%. Bill Frels still held 6,830 shares as of 03/31/2010.Ishares Msci Eafe Index Fund has a market cap of $31.45 billion; its shares were traded at around $49.17 . The dividend yield of Ishares Msci Eafe Index Fund stocks is 2%.
Reduced: Stratasys Inc. (SSYS)
Bill Frels reduced to his holdings in Stratasys Inc. by 38.03%. His sale prices were between $17.24 and $29.05, with an estimated average price of $24.5. The impact to his portfolio due to this sale was -0.17%. Bill Frels still held 630,454 shares as of 03/31/2010.STRATASYS, INC. develops, manufactures and markets a family of rapid prototyping devices that enable engineers and designers to create physical models, tooling and prototypes out of plastic and other materials directly from computer aided design workstations. Stratasys Inc. has a market cap of $500.4 million; its shares were traded at around $24.47 with a P/E ratio of 62.7 and P/S ratio of 5.1. Stratasys Inc. had an annual average earning growth of 27.5% over the past 10 years.
Sold Out: Ishares Russell 2000 Index (IWM)
Bill Frels sold out his holdings in Ishares Russell 2000 Index. His sale prices were between $58.68 and $69.23, with an estimated average price of $64.07.ISHARES RUSSELL 2000 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the small capitalization sector of the U. Ishares Russell 2000 Index has a market cap of $13.57 billion; its shares were traded at around $67.54 . The dividend yield of Ishares Russell 2000 Index stocks is 1%.
Sold Out: Ishares Russell 1000 Growth Index Fund (IWF)
Bill Frels sold out his holdings in Ishares Russell 1000 Growth Index Fund. His sale prices were between $47.21 and $52.37, with an estimated average price of $50.03.Ishares Russell 1000 Growth Index Fund has a market cap of $10.89 billion; its shares were traded at around $49.61 . The dividend yield of Ishares Russell 1000 Growth Index Fund stocks is 1.2%.
Sold Out: Powershares Exchangetraded Fund Trust Po (PRFZ)
Bill Frels sold out his holdings in Powershares Exchangetraded Fund Trust Po. His sale prices were between $47.64 and $57.18, with an estimated average price of $52.56.Powershares Exchangetraded Fund Trust Po has a market cap of $102 million; its shares were traded at around $55.94 . The dividend yield of Powershares Exchangetraded Fund Trust Po stocks is 0.6%.
Sold Out: Oracle Corp. (ORCL)
Bill Frels sold out his holdings in Oracle Corp.. His sale prices were between $23.06 and $26.04, with an estimated average price of $24.58.Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corp. has a market cap of $116.39 billion; its shares were traded at around $23.19 with a P/E ratio of 15.9 and P/S ratio of 4.9. The dividend yield of Oracle Corp. stocks is 0.8%. Oracle Corp. had an annual average earning growth of 15.6% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 3-star.
Sold Out: Cit Group Inc. (CIT)
Bill Frels sold out his holdings in Cit Group Inc.. His sale prices were between $27.61 and $39.23, with an estimated average price of $33.89.CIT Group Inc. is a bank holding company that provides financing and leasing capital for commercial companies throughout the world. Cit Group Inc. has a market cap of $14.84 billion; its shares were traded at around $36.67 with and P/S ratio of 3.7.
