13F filing recap · Q1 2015

What did Jensen Investment Management buy in Q1 2015?

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

Stock value

$6.54B

Positions

Estimated turnover

7.3%

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

BMYBristol-Myers Squibb Company$2.13Mreported value+33.0K shares OAOrbital Atk Inc$621.0Kreported value+8.1K shares MCOMoody’s Corporation$592.0Kreported value+5.7K shares SHWThe Sherwin-Williams Company$555.0Kreported value+1.9K shares BAXBaxter International Inc$552.0Kreported value+8.1K shares HIHillenbrand Inc$549.0Kreported value+17.8K shares MRKMerck & Co., Inc.$548.0Kreported value+9.5K shares DECKDeckers Outdoor Corp$541.0Kreported value+7.4K shares ITTItt Inc.$537.0Kreported value+13.4K shares NSRGYNestle SA$508.0Kreported value+6.8K shares FMCFmc Corporation$499.0Kreported value+8.7K shares WWWw International Inc$212.0Kreported value+30.3K shares

Increased positions

TJXThe Tjx Companies, Inc.$346.07Mreported value+17.3K shares+0.4%ACNAccenture Plc$343.78Mreported value+12.1K shares+0.3%UTXRtx Corporation$338.09Mreported value+6.2K shares+0.2%MDTMedtronic Plc$336.01Mreported value+11.2K shares

Reduced positions

BDXBecton Dickinson & Co$365.31Mreported value-437.7K shares-14.7%PEPPepsico, Inc.$332.53Mreported value-332.0K shares-8.7%EFXEquifax Inc$234.18Mreported value-705.6K shares-21.9%CLColgate-Palmolive Company$230.44Mreported value-232.1K shares

Exited positions

SLGNSilgan Holdings Inc$567.0Kprior reported value-10.6K shares-100.0%DLTRDollar Tree, Inc.$560.0Kprior reported value-8.0K shares-100.0%NUSNu Skin Enterprises, Inc.$559.0Kprior reported value-12.8K shares-100.0%PETMPetsmart Inc.$548.0Kprior reported value-6.7K shares