Mairs & Power released its second quarter 2025 investor letter, highlighting the Balanced Fund’s 2.66% return. The fund underperformed benchmark indexes and the Morningstar peer group. Top holdings include UnitedHealth Group (UNH), which saw a 13.60% one-month return and closed at $341.30 per share on September 22, 2025.

In the investor letter, Mairs & Power noted that UnitedHealth Group (UNH) faced challenges in the first half of 2025 due to mispricing and management changes. The company’s CEO left abruptly, creating unease among investors. Despite these challenges, Mairs & Power maintained its position in UnitedHealth Group within the Balanced Fund.

UnitedHealth Group (UNH) ranks 18th among the 30 most popular stocks among hedge funds. In the second quarter of 2025, the company reported revenues of nearly $112 billion, a 13% increase from the previous year. While UnitedHealth Group shows investment potential, some AI stocks may offer greater upside with less downside risk.

Read more at Yahoo Finance: Here’s Why Mairs & Power Balanced Fund is Holding UnitedHealth (UNH) Despite Challenges