13F filing recap · Q3 2016

What did Jensen Investment Management buy in Q3 2016?

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

Stock value

$6.69B

Positions

104

Estimated turnover

7.0%

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

GOOGLAlphabet Inc.$134.94Mreported value+167.8K shares USNAUsana Health Sciences, Inc.$490.0Kreported value+3.5K shares XLNXXilinx Inc$484.0Kreported value+8.9K shares OAOrbital Atk Inc$482.0Kreported value+6.3K shares CHRWC.h. Robinson Worldwide, Inc.$474.0Kreported value+6.7K shares ZBHZimmer Biomet Holdings, Inc.$467.0Kreported value+3.6K shares MSMMsc Industrial Direct Co., Inc.$465.0Kreported value+6.3K shares GRAW.r. Grace & Co.$456.0Kreported value+6.2K shares AXPAmerican Express Co$455.0Kreported value+7.1K shares CTXSCitrix Systems Inc$453.0Kreported value+5.3K shares KRKroger Co$447.0Kreported value+15.1K shares TGTTarget Corporation$423.0Kreported value+6.2K shares CPBThe Campbell'S Company$422.0Kreported value+7.7K shares SONCSonic Corp.$413.0Kreported value+15.8K shares PIIPolaris Inc.$368.0Kreported value+4.8K shares

Increased positions

PEPPepsico, Inc.$415.30Mreported value+308.1K shares+8.8%UTXRtx Corporation$329.33Mreported value+309.1K shares+10.5%ADPAutomatic Data Processing Inc$205.02Mreported value+355.6K shares+18.1%NKENike, Inc.$174.03Mreported value+577.1K shares

Reduced positions

BDXBecton Dickinson & Co$405.46Mreported value-7.5K shares-0.3%MMM3m Company$358.13Mreported value-2.5K shares-0.1%MSFTMicrosoft Corporation$341.08Mreported value-622.2K shares-9.5%ECLEcolab Inc.$318.86Mreported value-7.5K shares

Exited positions

WDCWestern Digital Corporation$527.0Kprior reported value-11.2K shares-100.0%HSYHershey Co$510.0Kprior reported value-4.5K shares-100.0%NUSNu Skin Enterprises, Inc.$486.0Kprior reported value-10.5K shares-100.0%TXNTexas Instruments Incorporated$445.0Kprior reported value-7.1K shares