13F filing recap · Q1 2016

What did Jensen Investment Management buy in Q1 2016?

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

Stock value

$6.27B

Positions

103

Estimated turnover

10.1%

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

WEXWex Inc.$510.0Kreported value+6.1K shares MLKNMillerknoll, Inc.$468.0Kreported value+15.2K shares HPQHP Inc.$450.0Kreported value+36.5K shares WLYJohn Wiley & Sons, Inc.$447.0Kreported value+9.1K shares AXPAmerican Express Co$440.0Kreported value+7.2K shares SYNTSyntel Inc.$440.0Kreported value+8.8K shares HLFHerbalife Ltd.$433.0Kreported value+7.0K shares MASIMasimo Corp$429.0Kreported value+10.3K shares HIHillenbrand Inc$428.0Kreported value+14.3K shares RLRalph Lauren Corporation$424.0Kreported value+4.4K shares EXPDExpeditors International of Washington, Inc.$420.0Kreported value+8.6K shares MRKMerck & Co., Inc.$416.0Kreported value+7.9K shares DISHDish Network Corporation$394.0Kreported value+8.5K shares

Increased positions

PEPPepsico, Inc.$363.70Mreported value+42.0K shares+1.2%MMM3m Company$342.95Mreported value+24.5K shares+1.2%JNJJohnson & Johnson$325.97Mreported value+131.7K shares+4.6%PXPraxair, Inc.$298.15Mreported value+9.2K shares

Reduced positions

BDXBecton Dickinson & Co$346.85Mreported value-89.4K shares-3.8%MSFTMicrosoft Corporation$333.01Mreported value-304.6K shares-4.8%ACNAccenture Plc$324.23Mreported value-177.1K shares-5.9%TJXThe Tjx Companies, Inc.$302.95Mreported value-335.5K shares

Exited positions

COHCoach Inc$447.0Kprior reported value-13.7K shares-100.0%CPBThe Campbell'S Company$432.0Kprior reported value-8.2K shares-100.0%HIBBHibbett Inc$414.0Kprior reported value-13.7K shares-100.0%GWWW.w. Grainger, Inc.$413.0Kprior reported value-2.0K shares