13F filing recap · Q4 2014

What did Jensen Investment Management buy in Q4 2014?

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

Stock value

$6.47B

Positions

Estimated turnover

14.7%

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

ZDZiff Davis, Inc.$582.0Kreported value+9.4K shares APOLApollo Education Group, Inc.$580.0Kreported value+17.0K shares RAVNRaven Industries Inc$573.0Kreported value+22.9K shares EATBrinker International, Inc.$570.0Kreported value+9.7K shares QSIIQuality Systems Inc.$563.0Kreported value+36.1K shares JWNNordstrom Inc$562.0Kreported value+7.1K shares DLTRDollar Tree, Inc.$560.0Kreported value+8.0K shares NUSNu Skin Enterprises, Inc.$559.0Kreported value+12.8K shares GPCGenuine Parts Co$558.0Kreported value+5.2K shares PETMPetsmart Inc.$548.0Kreported value+6.7K shares LLTCLinear Technology Corporation$547.0Kreported value+12.0K shares VIVOMeridian Bioscience Inc$540.0Kreported value+32.8K shares TXNTexas Instruments Incorporated$539.0Kreported value+10.1K shares SMGScotts Miracle-Gro Co$537.0Kreported value+8.6K shares KMBKimberly-Clark Corporation$536.0Kreported value+4.6K shares LOLORILLARD INC$526.0Kreported value+8.4K shares BRSLInternational Game Technology Plc$524.0Kreported value+30.4K shares STJSt. Jude Medical Inc$522.0Kreported value+8.0K shares MATMattel Inc /de/$521.0Kreported value+16.8K shares MCDMcdonald’s Corporation$512.0Kreported value+5.5K shares TUPTupperware Brands Corp$498.0Kreported value+7.9K shares CRCrane Nxt, Co.$497.0Kreported value+8.5K shares GILDGilead Sciences, Inc.$496.0Kreported value+5.3K shares LSTRLandstar System, Inc.$495.0Kreported value+6.8K shares PMPhilip Morris International Inc.$494.0Kreported value+6.1K shares SCCOSouthern Copper Corporation$469.0Kreported value+16.6K shares WINMQWindstream Holdings Inc$430.0Kreported value+52.2K shares VTIVanguard Index Funds$323.0Kreported value+3.0K shares

Increased positions

UTXRtx Corporation$331.02Mreported value+336.5K shares+13.2%PXPraxair, Inc.$329.76Mreported value+67.1K shares+2.7%ECLEcolab Inc.$270.42Mreported value+508.6K shares+24.5%APHAmphenol Corp /de/$169.35Mreported value+1.54M shares

Reduced positions

BDXBecton Dickinson & Co$414.95Mreported value-64.5K shares-2.1%PEPPepsico, Inc.$360.24Mreported value-77.6K shares-2.0%TJXThe Tjx Companies, Inc.$337.62Mreported value-109.2K shares-2.2%MMM3m Company$329.06Mreported value-360.5K shares

Exited positions

WWWw International Inc$573.0Kprior reported value-20.9K shares-100.0%LMTLockheed Martin Corporation$528.0Kprior reported value-2.9K shares-100.0%PDCOPatterson Companies Inc$522.0Kprior reported value-12.6K shares-100.0%GDGeneral Dynamics Corp$520.0Kprior reported value-4.1K shares