13F filing recap · Q1 2013

What did Jensen Investment Management buy in Q1 2013?

Reported stock-position changes between this filing and the previous one.

Stock value

$5.98B

Positions

Estimated turnover

5.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ABBVAbbvie Inc.$1.81Mreported value+44.5K shares GILDGilead Sciences, Inc.$467.0Kreported value+9.6K shares SLGNSilgan Holdings Inc$412.0Kreported value+8.7K shares PDCOPatterson Companies Inc$398.0Kreported value+10.5K shares ROSTRoss Stores, Inc.$394.0Kreported value+6.5K shares LSTRLandstar System, Inc.$391.0Kreported value+6.9K shares STJSt. Jude Medical Inc$378.0Kreported value+9.4K shares EATBrinker International, Inc.$320.0Kreported value+8.5K shares CPBThe Campbell'S Company$277.0Kreported value+6.1K shares IBMInternational Business Machines Corp$209.0Kreported value+980 shares

Increased positions

PEPPepsico, Inc.$332.61Mreported value+135.6K shares+3.3%MMM3m Company$317.64Mreported value+102.1K shares+3.5%PGProcter & Gamble Co$310.52Mreported value+39.7K shares+1.0%UTXRtx Corporation$300.03Mreported value+229.2K shares

Reduced positions

WATWaters Corporation$194.91Mreported value-58.5K shares-2.7%APHAmphenol Corp /de/$185.21Mreported value-2.1K shares-0.1%CTSHCognizant Technology Solutions Corporation$180.06Mreported value-101.1K shares-4.1%ADBEAdobe Inc.$143.46Mreported value-994.6K shares

Exited positions

FLIRFlir Systems, Inc.$416.0Kprior reported value-18.6K shares-100.0%WRLDWorld Acceptance Corporation$412.0Kprior reported value-5.5K shares-100.0%TUPTupperware Brands Corp$399.0Kprior reported value-6.2K shares-100.0%NWLNewell Brands Inc.$386.0Kprior reported value-17.4K shares