Mairs & Power released their third-quarter 2025 investor letter for the “Mairs & Power Balanced Fund,” citing market concentration in mega-cap AI stocks. The fund returned 6.47% in the first nine months of 2025, underperforming benchmark indexes and Morningstar peer group. Check top five holdings for best picks in 2025.

In their letter, Mairs & Power Balanced Fund highlighted WEC Energy Group, Inc. (NYSE: WEC), a provider of regulated natural gas, electricity, and energy services. WEC stock had a one-month return of -7.23% and closed at $103.66 per share on December 10, 2025, with a market cap of $34.04 billion.

Mairs & Power Balanced Fund initiated a position in WEC Energy Group, Inc. (NYSE: WEC) due to its stability, balanced regulatory environment, and investments in AI-related data centers. The fund sees potential in WEC’s Wisconsin service territory for rate base and earnings growth. WEC Energy Group is not among the 30 most popular stocks among hedge funds.

Despite not being among the most popular stocks among hedge funds, WEC Energy Group, Inc. (NYSE: WEC) was held by 37 hedge fund portfolios at the end of the third quarter. The company is seen as having potential, but some AI stocks may offer greater upside with less downside risk. Explore a free report on the best short-term AI stock.

Read more at Yahoo Finance: What Makes WEC Energy (WEC) an Investment Choice?