13F filing recap · Q1 2014

What did Jensen Investment Management buy in Q1 2014?

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

Stock value

$6.94B

Positions

Estimated turnover

8.8%

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

BBBYBed Bath & Beyond, Inc.$552.0Kreported value+8.0K shares PDCOPatterson Companies Inc$551.0Kreported value+13.2K shares DNBDun & Bradstreet Holdings Inc$546.0Kreported value+5.5K shares EVEUREaton Vance Corp$546.0Kreported value+14.3K shares NUSNu Skin Enterprises, Inc.$524.0Kreported value+6.3K shares EXPDExpeditors International of Washington, Inc.$504.0Kreported value+12.7K shares ENDPEndo International Plc$476.0Kreported value+6.9K shares SMGScotts Miracle-Gro Co$389.0Kreported value+6.3K shares BCRC.r. Bard, Inc.$211.0Kreported value+1.4K shares

Increased positions

BDXBecton Dickinson & Co$368.06Mreported value+450.0K shares+16.7%PEPPepsico, Inc.$365.64Mreported value+54.7K shares+1.3%MMM3m Company$345.67Mreported value+31.1K shares+1.2%CLColgate-Palmolive Company$337.91Mreported value+272.3K shares

Reduced positions

UTXRtx Corporation$320.68Mreported value-253.4K shares-8.5%ORCLOracle Corporation$295.48Mreported value-792.1K shares-9.9%OMCOmnicom Group Inc.$248.98Mreported value-422.4K shares-11.0%WATWaters Corporation$196.38Mreported value-283.6K shares

Exited positions

SYYSysco Corporation$548.0Kprior reported value-15.2K shares-100.0%ENDPEndo Health Solutions Inc$531.0Kprior reported value-7.9K shares-100.0%BAXBaxter International Inc$529.0Kprior reported value-7.6K shares-100.0%JWNNordstrom Inc$492.0Kprior reported value-8.0K shares