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Mairs & Power Growth Fund exited its entire JNJ position, held for ~7 years.

Sold out of a position that was 106,318 shares worth $25.99M as of the previous filing.
Published · Based on SEC filings

Medium impact
Position exited
2026 Q2

Mairs & Power Growth Fund sold its entire Johnson & Johnson (JNJ) position in 2026 Q2, according to the NPORT-P filed with the SEC on August 17, 2026. The prior filing listed 106K shares worth about $26M, 0.52% of the portfolio; the 2026 Q2 filing lists none. JNJ had been in the portfolio for about 7 years, since the quarter ended September 30, 2019.

What did the 2026 Q2 filing report for JNJ?

As of June 30, 2026, from the NPORT-P filed August 17, 2026.

Before After
Shares 106K 0
Reported value $26M $0
Portfolio weight 0.52% 0%
Held since 2019 Q3 sold out in 2026 Q2
Quarters held 27

What did Mairs & Power Growth Fund sell?

Mairs & Power Growth Fund sold 106K shares of JNJ between the quarter ended March 31, 2026 and June 30, 2026. The JNJ exit was the 8th largest of the quarter's 31 position changes by percent change to portfolio.

Where does JNJ sit in the Mairs & Power Growth Fund portfolio?

Before the sale, JNJ carried 0.52% of the Mairs & Power Growth Fund portfolio, below the fund's average stock position of 2%. The largest stock position is NVDA at 9.36%. Next come MSFT at 7.89% and AMZN at 6.84%. The three largest stocks together are 24.09% of the book. Across the 2026 Q2 portfolio, Mairs & Power Growth Fund reported 48 stock positions, with 3 opened and 3 closed. The total portfolio value is about $5.5B, up 11% from the prior quarter.

Mairs & Power Growth Fund buys and sells, 2026 Q2

How long has Mairs & Power Growth Fund held JNJ?

Mairs & Power Growth Fund held JNJ for about 7 years, from the quarter ended September 30, 2019 to March 31, 2026. The weight peaked at 3.69% in 2019 Q4. Last quarter the fund had already cut the position by 60%, so the exit finishes a two-quarter unwind. Every reported trade is on the Mairs & Power Growth Fund JNJ trade history page.

Mairs & Power Growth Fund shares of JNJ by quarter

Did other funds buy or sell JNJ in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 17, 2026, 10 still hold JNJ. Another 2 sold out of it this quarter as well. Meanwhile one opened it. The largest buyers of JNJ this quarter were Donald Yacktman, Charles Bobrinskoy and Paul Lountzis. The largest sellers were Independent Franchise Partners, Tweedy, Browne Co All Funds (US) and Richard Pzena. Every tracked holder of JNJ is on the JNJ ownership page.

FAQ

How many JNJ shares did Mairs & Power Growth Fund sell?

Mairs & Power Growth Fund sold all 106K shares of JNJ it reported a quarter earlier, worth about $26M.

When did Mairs & Power Growth Fund first buy JNJ?

Mairs & Power Growth Fund first reported JNJ in the quarter ended September 30, 2019.

How much of the Mairs & Power Growth Fund portfolio was JNJ?

JNJ was 0.52% of the Mairs & Power Growth Fund portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell JNJ in 2026 Q2?

2 other tracked funds sold out of JNJ in 2026 Q2 and 4 trimmed it; 10 still hold it.

Source: based on original SEC filings

Figures are from the fund's N-PORT report, which lists its positions at period-end values.
Stocks mentioned
Alan Irwin
Alan Irwin
Valuesider analyst