13F filing recap · Q3 2013

What did Jensen Investment Management buy in Q3 2013?

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

Stock value

$6.46B

Positions

Estimated turnover

9.6%

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

TTCThe Toro Company$489.0Kreported value+9.0K shares DDE.I. du Pont de Nemours and Company$449.0Kreported value+7.7K shares LLYEli Lilly & Co$423.0Kreported value+8.4K shares PETMPetsmart Inc.$407.0Kreported value+5.3K shares LSTRLandstar System, Inc.$313.0Kreported value+5.6K shares

Increased positions

MMM3m Company$367.88Mreported value+34.4K shares+1.1%PEPPepsico, Inc.$306.54Mreported value+35.2K shares+0.9%CLColgate-Palmolive Company$296.38Mreported value+596.8K shares+13.6%OMCOmnicom Group Inc.$277.88Mreported value+37.8K shares

Reduced positions

UTXRtx Corporation$327.18Mreported value-246.9K shares-7.5%ORCLOracle Corporation$268.98Mreported value-852.5K shares-9.5%EMREmerson Electric Co.$221.50Mreported value-462.9K shares-11.9%NKENike, Inc.$212.60Mreported value-243.4K shares

Exited positions

BCRC.r. Bard, Inc.$717.0Kprior reported value-6.6K shares-100.0%DNBDun & Bradstreet Holdings Inc$543.0Kprior reported value-5.6K shares-100.0%AVPAvon Products, Inc.$504.0Kprior reported value-24.0K shares-100.0%GRMNGarmin Ltd$494.0Kprior reported value-13.7K shares