Mairs & Power Small Cap Fund’s Q1 2025 Investor Letter

Mairs & Power, an investment advisor, released the “Mairs & Power Growth Fund” first quarter 2025 investor letter. The fund declined 11.04% in the quarter, lagging behind the Russell 2000 Total Return Index, which fell 9.48%, the S&P Small Cap 600 Total Return Index, which was down 8.93%, and the Morningstar U.S. Fund Small Blend Index, which declined 8.09%. Stock selection, with negative relative performance in Healthcare, Financials, Information Technology, and Real Estate sectors, led to the underperformance of the portfolio in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.

A copy of Mairs & Power Small Cap Fund’s Q1 2025 investor letter can be downloaded here.