Skip to content
DISCOUNT! Back-to-Work Campaign: 50% off Yearly plans through September. Use code YEAR50

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

Sold out of a position that was 193,079 shares worth $24.86M as of the previous filing.
Published · Based on SEC filings

Medium impact
Position exited
2026 Q2

Mairs & Power Growth Fund sold its entire Qualcomm Incorporated (QCOM) position in 2026 Q2, according to the NPORT-P filed with the SEC on August 17, 2026. The prior filing listed 193K shares worth about $24.9M, 0.5% of the portfolio; the 2026 Q2 filing lists none. QCOM had been in the portfolio for about 7 years, since the quarter ended September 30, 2019.

What did the 2026 Q2 filing report for QCOM?

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

Before After
Shares 193K 0
Reported value $24.9M $0
Portfolio weight 0.5% 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 193K shares of QCOM between the quarter ended March 31, 2026 and June 30, 2026. The QCOM exit was the 9th largest of the quarter's 31 position changes by percent change to portfolio.

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

Before the sale, QCOM carried 0.5% 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 QCOM?

Mairs & Power Growth Fund held QCOM for about 7 years, from the quarter ended September 30, 2019 to March 31, 2026. The weight peaked at 2.94% in 2024 Q2. Last quarter the fund had already cut the position by 18%, so the exit finishes a two-quarter unwind. Every reported trade is on the Mairs & Power Growth Fund QCOM trade history page.

Mairs & Power Growth Fund shares of QCOM by quarter

Did other funds buy or sell QCOM in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 17, 2026, 3 still hold QCOM. Meanwhile one opened it. The largest buyers of QCOM this quarter were Ole Andreas Halvorsen and Harry Burn. The largest seller was David Tepper. Every tracked holder of QCOM is on the QCOM ownership page.

FAQ

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

Mairs & Power Growth Fund sold all 193K shares of QCOM it reported a quarter earlier, worth about $24.9M.

When did Mairs & Power Growth Fund first buy QCOM?

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

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

QCOM was 0.5% of the Mairs & Power Growth Fund portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell QCOM in 2026 Q2?

No other tracked fund sold out of QCOM in 2026 Q2, but 1 trimmed it; 3 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
Amelia Ingram
Amelia Ingram
Valuesider analyst