13F filing recap · Q2 2014

What did Jensen Investment Management buy in Q2 2014?

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

Stock value

$6.64B

Positions

Estimated turnover

16.6%

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

MDTMedtronic Plc$289.87Mreported value+4.55M shares BRSLInternational Game Technology Plc$589.0Kreported value+37.0K shares BBYBest Buy Co., Inc.$550.0Kreported value+17.8K shares USNAUsana Health Sciences, Inc.$530.0Kreported value+6.8K shares SYNTSyntel Inc.$504.0Kreported value+5.9K shares PRAAPra Group, Inc$495.0Kreported value+8.3K shares WINMQWindstream Holdings Inc$493.0Kreported value+49.5K shares BRBroadridge Financial Solutions, Inc.$488.0Kreported value+11.7K shares HLFHerbalife Ltd.$488.0Kreported value+7.6K shares CCKCrown Holdings, Inc.$470.0Kreported value+9.4K shares EMNEastman Chemical Co$470.0Kreported value+5.4K shares SCCOSouthern Copper Corporation$463.0Kreported value+15.3K shares MLKNMillerknoll, Inc.$460.0Kreported value+15.2K shares TDCTeradata Corp /de/$457.0Kreported value+11.4K shares WDRWaddell & Reed Financial, Inc.$452.0Kreported value+7.2K shares KKellanova$449.0Kreported value+6.8K shares CACCCredit Acceptance Corp$441.0Kreported value+3.6K shares BAThe Boeing Company$440.0Kreported value+3.5K shares DSTDst Systems Inc$345.0Kreported value+3.7K shares DISHDish Network Corporation$203.0Kreported value+3.1K shares

Increased positions

BDXBecton Dickinson & Co$373.54Mreported value+13.9K shares+0.4%PXPraxair, Inc.$338.23Mreported value+38.3K shares+1.5%TJXThe Tjx Companies, Inc.$260.43Mreported value+1.00M shares+25.7%COLRockwell Collins Inc.$458.0Kreported value+3.3K shares

Reduced positions

PEPPepsico, Inc.$375.90Mreported value-171.5K shares-3.9%MMM3m Company$349.93Mreported value-105.1K shares-4.1%ACNAccenture Plc$312.70Mreported value-164.0K shares-4.1%CLColgate-Palmolive Company$307.86Mreported value-693.8K shares

Exited positions

MDTMedtronic Plc$274.45Mprior reported value-4.46M shares-100.0%LXKLexmark International Inc$579.0Kprior reported value-12.5K shares-100.0%MOAltria Group, Inc.$556.0Kprior reported value-14.9K shares-100.0%SLGNSilgan Holdings Inc$549.0Kprior reported value-11.1K shares