13F filing recap · Q3 2014

What did Jensen Investment Management buy in Q3 2014?

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

Stock value

$6.30B

Positions

Estimated turnover

5.7%

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

ENREnergizer Holdings, Inc.$504.0Kreported value+4.1K shares EXPDExpeditors International of Washington, Inc.$489.0Kreported value+12.1K shares CPBThe Campbell'S Company$482.0Kreported value+11.3K shares ATKAlliant Techsystems Inc$477.0Kreported value+3.7K shares SLGNSilgan Holdings Inc$469.0Kreported value+10.0K shares HRBH&R Block, Inc.$460.0Kreported value+14.8K shares LXKLexmark International Inc$415.0Kreported value+9.8K shares OIO-I Glass, Inc.$415.0Kreported value+15.9K shares RAIReynolds American Inc$379.0Kreported value+6.4K shares HIBBHibbett Inc$286.0Kreported value+6.7K shares

Increased positions

TJXThe Tjx Companies, Inc.$297.76Mreported value+132.3K shares+2.7%LMTLockheed Martin Corporation$528.0Kreported value+100 shares+3.6%BBBYBed Bath & Beyond, Inc.$525.0Kreported value+540 shares+7.3%MHFIS&P Global Inc.$523.0Kreported value+280 shares

Reduced positions

PEPPepsico, Inc.$361.87Mreported value-320.2K shares-7.6%BDXBecton Dickinson & Co$346.70Mreported value-111.2K shares-3.5%MMM3m Company$334.79Mreported value-79.9K shares-3.3%PXPraxair, Inc.$319.68Mreported value-68.0K shares

Exited positions

BRSLInternational Game Technology Plc$589.0Kprior reported value-37.0K shares-100.0%CHRWC.h. Robinson Worldwide, Inc.$502.0Kprior reported value-7.9K shares-100.0%GPNGlobal Payments Inc.$498.0Kprior reported value-6.8K shares-100.0%WINMQWindstream Holdings Inc$493.0Kprior reported value