13F filing recap · Q4 2016

What did Jensen Investment Management buy in Q4 2016?

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

Stock value

$6.83B

Positions

104

Estimated turnover

3.3%

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

CACCCredit Acceptance Corp$463.0Kreported value+2.1K shares DVADaVita Inc.$438.0Kreported value+6.8K shares COLRockwell Collins Inc.$435.0Kreported value+4.7K shares GWWW.w. Grainger, Inc.$432.0Kreported value+1.9K shares YUMYum! Brands, Inc.$431.0Kreported value+6.8K shares HSYHershey Co$429.0Kreported value+4.2K shares EXPDExpeditors International of Washington, Inc.$427.0Kreported value+8.1K shares TXNTexas Instruments Incorporated$425.0Kreported value+5.8K shares COHCoach Inc$386.0Kreported value+11.0K shares VIABViacom Inc.$376.0Kreported value+10.7K shares NUSNu Skin Enterprises, Inc.$368.0Kreported value+7.7K shares

Increased positions

BDXBecton Dickinson & Co$406.83Mreported value+201.5K shares+8.9%UTXRtx Corporation$355.45Mreported value+1.2K shares+0.0%PXPraxair, Inc.$302.40Mreported value+527 shares+0.0%OMCOmnicom Group Inc.$267.91Mreported value+1.9K shares

Reduced positions

PEPPepsico, Inc.$399.32Mreported value-1.6K shares-0.0%MSFTMicrosoft Corporation$367.13Mreported value-13.4K shares-0.2%MMM3m Company$362.54Mreported value-2.0K shares-0.1%UNHUnitedHealth Group Incorporated$310.06Mreported value-2.9K shares

Exited positions

NTAPNetapp, Inc.$580.0Kprior reported value-16.2K shares-100.0%USNAUsana Health Sciences, Inc.$490.0Kprior reported value-3.5K shares-100.0%SPGIS&P Global Inc.$489.0Kprior reported value-3.9K shares-100.0%SYNASynaptics Incorporated$488.0Kprior reported value-8.3K shares