Bill Frels

Last Update: 2014-05-15

Number of Stocks: 205
Number of New Stocks: 10

Total Value: $6,749 Mil
Q/Q Turnover: 4%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Bill Frels' s Profile & Performance

Profile

Mairs and Power Inc is a small firm whose strength and success has resulted from applying a conservative growth investment approach consistently for over 70 years. Both the Growth and Balanced Funds are built on a foundation of selected quality growth stocks purchased at what management considers to be reasonable valuation levels. When these securities are purchased, the intention is to hold these issues for relatively long periods of time to maximize tax-efficiency and allow the power of compounding to build wealth for its shareholders. However, sales are made on occasion in response to such factors as changing fundamentals, investment strategy shifts, and excessive valuation.

Web Page:http://www.mairsandpower.com/

Total Holding History

Performance of Mairs & Power Growth Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201335.6431.554.1
201221.9115.46.5
20110.742.08-1.3
3-Year Cumulative66.6 (18.5%/year)55 (15.7%/year)11.6 (2.8%/year)
201017.415.062.3
200922.5226.46-3.9
5-Year Cumulative139.6 (19.1%/year)125.5 (17.7%/year)14.1 (1.4%/year)
2008-28.51-378.5
20074.95.61-0.7
200610.2415.79-5.6
20054.374.91-0.5
200417.99126.0
10-Year Cumulative143.9 (9.3%/year)104.1 (7.4%/year)39.8 (1.9%/year)
200326.3328.7-2.4
2002-8.12-22.114.0
20016.48-11.918.4
200026.48-9.135.6
19997.1621-13.8
15-Year Cumulative308.6 (9.8%/year)98.3 (4.7%/year)210.3 (5.1%/year)
19989.3628.6-19.2
199728.6633.4-4.7
199627.76234.8
199547.737.610.1
19945.661.34.4
20-Year Cumulative1046.4 (13%/year)483.2 (9.2%/year)563.2 (3.8%/year)
199312.8310.12.7
19927.877.60.3
199142.0530.511.5
19903.63-3.16.7
198928.0631.7-3.6
25-Year Cumulative2530.2 (14%/year)1050.7 (10.3%/year)1479.5 (3.7%/year)
198810.0316.6-6.6
1987-2.335.1-7.4
198611.5418.6-7.1
198534.7731.63.2
1984-2.026.1-8.1
30-Year Cumulative4063.2 (13.2%/year)2235.1 (11.1%/year)1828.1 (2.1%/year)
198315.7622.4-6.6
198239.1621.417.8
1981-3.86-51.1
198016.2732.3-16.0

Top Ranked Articles

Mairs and Power Balanced Fund Third Quarter Commentary: HSY, GM, TGT, IR, BMY
The Balanced Fund produced a disappointing investment return of -10.2% in the third quarter. This result was better than -13.9% for the benchmark Standard & Poor's 500 Index and -11.5% for the Dow Jones Industrial Average but worse than Mairs and Power Composite Index of - 6.7%. The Barclays Capital Government/Credit Bond Index was up 4.7% in the third quarter. Mairs and Power Balanced Fund lightly lagged balanced mutual funds reported by Lipper, which turned in an average return -9.6% in the third quarter. On a year-to-date basis, the fund delivered a return of -5.1% which is better than -8.7% of the S&P 500 but worse than 3.9% for the Dow Jones Industrial average. The Barclays Capital Government/Credit Bond Index was up 7.5% and the Mairs and Power Composite Index was down -2.3% on a year-to-date basis. Read more...
What are Gurus Doing with Target (TGT)?
Target (TGT) is just above 52-week lows and has been on a slide since early January. At the end of 2010 shares traded at $60. Since then Target stocks have given nothing but pain. Bill Ackman, who holds very focused positions, continues to hold a large position in the retailer. In addition to him, 20 other gurus hold positions of varying sizes. Read more...
Mairs & Power Funds Report Q1 Portfolio
Mairs & Power was founded by Bill Frels. The funds invest in growth companies at reasonable prices. They look for high quality companies characterized by earnings that are reasonably predictable; return on equity that is above average; market dominance; and financial strength. Some emphasis is placed on small to medium sized companies, generally located in the upper Midwest region. Read more...
Mairs & Power Funds Buys Western Union, Norfolk Southern, Baxter International, Sells Adobe Systems Inc., Integrys Energy Group, Nokia Corp.
This is the Q2 portfolio update of Mairs & Power Funds. Mairs & Power Growth Fund is run by the firm’s CIO Bill Frels. Over the past 10 years, the fund averaged 5.93% 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. Read more...
Mairs & Power Funds Buys Hormel Buys HRL, MDT, PG, DIS, WAG, NVEC, IWR, SCHB, Sells SSYS, SRDX, ADP, JCI
Bill Frels at Mairs & Power Inc. reported his fourth quarter portfolio. As of 12/31/2010, Mairs & Power Inc. owns 135 stocks with a total value of $3.5 billion. These are the details of the buys and sells. Read more...
» More Bill Frels Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Boeing Focuses on the Upside and the Downside
In this article, let's take a look at The Boeing Company (BA), ), a $88.78 billion market cap company, which is the largest aircraft manufacturer in the world, and one of the largest aerospace and defense giant that conducts business through three operating segments. More...

  • Currently 4.00/5

Rating: 4.0/5 (2 votes)

What´s ConocoPhillips' Future?
In this article, let's take a look at ConocoPhillips (COP), which is the largest independent oil and gas exploration and production (E&P) companies in the world. In the U.S. is the largest independent exploration and production firm, doubling its closest competitor in terms of production volumes. Let's explore some reasons more closely to see if they are valid enough to invest in this stock. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

A Long-Term Buy That Investors Should Consider
In this article, let's take a look at AT&T Inc. (T), a $184.25 billion market cap, which is America’s second-biggest supplier of both mobile-phone and fixed-line-broadband services. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Just Post-It: 3M Is a Good Bet for Your Portfolio Today
In this article, let's take a look at 3M Company (MMM), a $94.6 billion market cap, diversified global company that operates as a diversified technology company with manufacturing operations around 70 countries worldwide. I was impressed how the company survived to the last U.S. recession, reducing working capital to increase free cash flow and remaining profitable, so I think the next is worth to read and invest. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

McDonald´s Has an Impressive ROE
In this article, let´s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity (ROE), and we are going to analyze it in the case of McDonald´s Corp. (MCD), the world´s largest chain of fast food restaurants.. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Emerson Electric Company
This company, along with Emerson Electric Company (EMR), which also detracted from the portfolio, was affected by the market’s rotation out of industrials stocks. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on H.B. Fuller
Packaging and adhesive manufacturer H.B. Fuller (FUL) also disappointed, declining 7.23% due to weak revenue in Europe and slower than expected sales growth in the Americas. This company, along with Emerson Electric Company (EMR), which also detracted from the portfolio, was affected by the market’s rotation out of industrials stocks. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on C.H. Robinson Worldwide Inc
On the other side of the equation, our position in C.H. Robinson Worldwide, Inc. (CHRW) with a decline of 10.20% for the quarter was the largest detractor from performance, in part due to falling short on fourth quarter earnings estimates. A freight shipping firm located in Eden Prairie, MN, C.H. Robinson also provides global supply chain consulting and logistics management. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Cray Inc
Supercomputer manufacturer Cray, Inc. (CRAY) proved to be the strongest contributor to portfolio performance, gaining 35.91% for the period due in large part to the strength of its management. We believe much of the credit for the firm’s success should go to Chief Executive Officer Peter Ungoro and the team he has built since leaving IBM. He has positioned the company within its traditional supercomputer business with an internally-developed adaptive computing technology that gives Cray computers the flexibility to offer CPU (Central Processing Unit) and GPU (Graphical Processing Unit) from several chip manufacturers rather than being tied to just one. As a result, Cray can use the best technology available as well as allow customers to later upgrade or reconfigure their systems if they choose. In addition, while traditionally focused on Government contracts, Mr. Ungoro has positioned the firm to grow within the emerging field of Big Data and expand its base of commercial customers. Commercial revenue accounted for just 20% of total revenue in 2012. The company’s new offerings in Big Data should create significant room to grow More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Principal Financial Group
Principal Financial Group (PFG) declined 6.73% following a tremendous 2013, and we view this simply as a correction. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Exxon Mobil Corporation
Detracting from performance, Exxon Mobil Corporation (XOM) declined 3.48% for the quarter, as the firm continued to have difficulty finding ways to grow production quickly enough to overcome the natural lifecycle decline of existing wells, and to offset what has been a relatively poor pricing environment for energy products. However, the firm seems ready to fund 10 major new projects in 2014 – a company record. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on U.S. Bancorp
U.S. Bancorp (USB), headquartered in Minneapolis, also finished the period as one of the Fund’s top five performance contributors. While the quarter remained challenging for many other banks locked into low-margin banking activities, U.S. Bancorp advanced 6.09% for the period, with a solid performance advantage relative to its peers. While many of its competitors contend with defensive measures and diminished growth prospects, U.S. Bancorp’s principled adaptation of risk management controls following the financial crisis of 2008-2009 has placed it ahead of the competitive and regulatory curve. Recognized by both their current commercial customers and financial regulators for its integrity and financial soundness, U.S. Bancorp enjoys one of the highest credit ratings available. Over the years, U.S. Bancorp has quietly cultivated and expanded its lucrative commercial lending operations, as well. We have been steadily acquiring and holding the company’s stock for some years, purchasing at attractive prices when the market does not recognize its value. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Medtronic Inc
Healthcare company Medtronic, Inc. (MDT) also finished the quarter as a top five contributor to the Fund, gaining 7.23%. While emerging market revenue proved scarce for most industries during the quarter, Medtronic increased its share of revenue from the developing world by 15%, which represented 12% of the company’s revenue. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels Comments on Corning Inc
On the equity side, Corning, Incorporated (GLW) proved to be the largest contributor to performance for the period, returning 16.84%. As a global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems, Corning has evolved over the last decade from being a manufacturer of optical fiber and cable into a broad-based supplier of optical solutions for the communications industry. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels' Mairs & Power Growth Fund First Quarter 2014 Commentary
March 31, 2014 More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Bill Frels' Mairs & Power Balance Fund First Quarter 2014 Commentary
March 31, 2014 More...

  • Currently 3.00/5

Rating: 3.0/5 (2 votes)

Warren Buffett: Long Term Bullish on Bank of America
In this article let's take a look at Warren Buffett (Trades, Portfolio) who is the most respected and successful investor in history and is the primary shareholder, chairman and chief executive officer of Berkshire Hathaway (BRK.A) (BRK.B). Buffett has been extremely bullish on banks since U.S. recession. Although Berkshire's largest bank investment remains a $21 billion stake in Wells Fargo (WFC), here we are going to analyze the deal reached with Bank of America (BAC). More...

  • Currently 4.00/5

Rating: 4.0/5 (3 votes)

Maybe It's Time to Think About This Multibillion-Dollar Food Company
General Mills Inc. (GIS) has a distinguished portfolio of leading brands. The company manufactures its products in 16 countries and sells them in more than 100 countries. In this article, let's take a look at this cereal maker and try to explain to investors the reasons this is an apparently appealing investment. More...

LONG, FOOD, RETAIL, INTERNATIONAL,


  • Currently 5.00/5

Rating: 5.0/5 (2 votes)

Quality and Good Prices Are the Foundations of Expansion Plans for CarMax
CarMax Inc. (KMX) is engaged as a retailer of used vehicles. The company operates in two segments: CarMax Sales Operations, which consist of auto merchandising and service operations, excluding financing provided by CarMax AutoFinance (CAF); and CAF, which consists of finance operation that provides vehicle financing to customers through its superstores. Let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment. More...

LONG, RETAIL, VEHICLES, USED


  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

Bill Frels' Mairs & Power Balance Fund Fourth Quarter 2013 Commentary
The stock market in 2013 had its best year since 1997, ending the year with a high of 32.39%, as measured by the Standard and Poor's 500 Total Return (TR) Index. More...

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide