13F filing recap · Q2 2017

What did Jensen Investment Management buy in Q2 2017?

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

Stock value

$7.30B

Positions

Estimated turnover

7.9%

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

BRBroadridge Financial Solutions, Inc.$77.90Mreported value+1.03M shares

Increased positions

SYKStryker Corp$308.20Mreported value+200.2K shares+9.9%OMCOmnicom Group Inc.$290.05Mreported value+354.3K shares+11.3%NKENike, Inc.$228.93Mreported value+581.2K shares+17.6%VARVarian Medical Systems, Inc.$926.0Kreported value+3.5K shares

Reduced positions

BDXBecton Dickinson & Co$463.25Mreported value-80.3K shares-3.3%PEPPepsico, Inc.$426.15Mreported value-120.5K shares-3.2%MMM3m Company$408.79Mreported value-63.2K shares-3.1%UTXRtx Corporation$382.66Mreported value-105.7K shares

Exited positions

HLFHerbalife Ltd.$526.0Kprior reported value-9.1K shares-100.0%WWWWolverine World Wide, Inc.$507.0Kprior reported value-20.3K shares-100.0%ITTItt Inc.$506.0Kprior reported value-12.3K shares-100.0%PRAAPra Group, Inc$491.0Kprior reported value-14.8K shares