Mairs and Power's TNC Position Overview
Mairs and Power (via Mairs & Power INC) currently holds 1.07 M shares of Tennant Company (TNC) worth $78.98 M, representing 0.76% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Mairs and Power has maintained a long-term strategic position in TNC, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2017, adding 415,215 shares. Largest reduction occurred in Q4 2025, reducing 258,064 shares.
Analysis based on 13F filings available since 2013 Q2
Mairs and Power's Tennant Company (TNC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Tennant Company (TNC) Trades by Mairs and Power
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -258,064 | Reduce 19.41% | 1.07 M | $73.70 |
| Q3 2025 | -22,970 | Reduce 1.70% | 1.33 M | $81.06 |
| Q2 2025 | -68,752 | Reduce 4.84% | 1.35 M | $77.48 |
| Q1 2025 | +1,715 | Add 0.12% | 1.42 M | $79.75 |
| Q4 2024 | +83,613 | Add 6.26% | 1.42 M | $81.53 |
| Q3 2024 | +141,473 | Add 11.84% | 1.34 M | $96.04 |
| Q2 2024 | +25,000 | Add 2.14% | 1.19 M | $98.44 |
| Q1 2024 | -55,100 | Reduce 4.50% | 1.17 M | $121.61 |
| Q4 2023 | -107,105 | Reduce 8.04% | 1.22 M | $92.69 |
| Q3 2023 | -109,570 | Reduce 7.60% | 1.33 M | $74.15 |
| Q2 2023 | -91,332 | Reduce 5.96% | 1.44 M | $81.11 |
| Q1 2023 | -99,232 | Reduce 6.08% | 1.53 M | $68.53 |
| Q4 2022 | -41,384 | Reduce 2.47% | 1.63 M | $61.57 |
| Q3 2022 | +12,119 | Add 0.73% | 1.67 M | $56.56 |
| Q2 2022 | -5,993 | Reduce 0.36% | 1.66 M | $59.25 |
| Q1 2022 | -12,896 | Reduce 0.77% | 1.67 M | $78.80 |
| Q4 2021 | +2,956 | Add 0.18% | 1.68 M | $81.04 |
| Q3 2021 | +18,680 | Add 1.13% | 1.68 M | $73.95 |
| Q2 2021 | +787 | Add 0.05% | 1.66 M | $79.85 |
| Q1 2021 | +12,622 | Add 0.77% | 1.66 M | $79.89 |
| Q4 2020 | +67,281 | Add 4.26% | 1.65 M | $70.17 |
| Q3 2020 | -14,171 | Reduce 0.89% | 1.58 M | $60.36 |
| Q2 2020 | +91,139 | Add 6.07% | 1.59 M | $65.01 |
| Q1 2020 | +77,826 | Add 5.47% | 1.5 M | $57.95 |
| Q4 2019 | +10,815 | Add 0.77% | 1.42 M | $77.92 |
| Q3 2019 | +55,601 | Add 4.10% | 1.41 M | $70.70 |
| Q2 2019 | +50,081 | Add 3.83% | 1.36 M | $61.20 |
| Q1 2019 | +34,547 | Add 2.72% | 1.31 M | $62.09 |
| Q4 2018 | +84,301 | Add 7.10% | 1.27 M | $52.11 |
| Q3 2018 | +2,107 | Add 0.18% | 1.19 M | $75.95 |
| Q2 2018 | -13,782 | Reduce 1.15% | 1.19 M | $79.00 |
| Q1 2018 | +85,467 | Add 7.67% | 1.2 M | $67.70 |
| Q4 2017 | +134,442 | Add 13.73% | 1.11 M | $72.65 |
| Q3 2017 | +238,967 | Add 32.27% | 979,403 | $66.20 |
| Q2 2017 | +200,441 | Add 37.12% | 740,436 | $73.80 |
| Q1 2017 | +415,215 | Add 332.76% | 539,995 | $72.65 |
| Q4 2016 | +8,080 | Add 6.92% | 124,780 | $71.20 |
| Q3 2016 | +108,800 | Add 1377.22% | 116,700 | $64.80 |
| Q3 2014 | -1,300 | Reduce 14.13% | 7,900 | $67.09 |
| Q2 2013 | +9,200 | Add 0.00% | 9,200 | $48.26 |
Mairs and Power's Tennant Company Investment FAQs
Mairs and Power first purchased Tennant Company (TNC) in Q2 2013, acquiring 9,200 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Mairs and Power has held Tennant Company (TNC) for 51 quarters since Q2 2013.
Mairs and Power's largest addition to Tennant Company (TNC) was in Q1 2017, adding 539,995 shares worth $39.23 M.
According to the latest 13F filing for Q4 2025, Mairs and Power's firm, Mairs & Power INC, owns 1,071,624 shares of Tennant Company (TNC), valued at approximately $78.98 M.
As of the Q4 2025 filing, Tennant Company (TNC) represents approximately 0.76% of Mairs and Power's publicly disclosed stock portfolio, making it one of their key holdings.
Mairs and Power's peak holding in Tennant Company (TNC) was 1,680,102 shares, as reported at the end of Q4 2021.