13F filing recap · Q3 2017

What did Jensen Investment Management buy in Q3 2017?

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

Stock value

$7.40B

Positions

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

INTUIntuit Inc.$112.81Mreported value+793.7K shares DWDPDowdupont Inc$639.0Kreported value+9.2K shares KOPKoppers Holdings Inc.$498.0Kreported value+10.8K shares TSCOTractor Supply Co /de/$374.0Kreported value+5.9K shares SMGScotts Miracle-Gro Co$258.0Kreported value+2.6K shares

Increased positions

ORCLOracle Corporation$356.19Mreported value+1.05M shares+16.6%SYKStryker Corp$351.14Mreported value+251.7K shares+11.3%OMCOmnicom Group Inc.$296.90Mreported value+509.7K shares+14.6%BRBroadridge Financial Solutions, Inc.$83.38Mreported value+765 shares

Reduced positions

BDXBecton Dickinson & Co$462.71Mreported value-12.9K shares-0.5%MMM3m Company$410.11Mreported value-9.7K shares-0.5%PEPPepsico, Inc.$409.55Mreported value-14.5K shares-0.4%MSFTMicrosoft Corporation$406.91Mreported value-33.7K shares

Exited positions

DDE.I. du Pont de Nemours and Company$884.0Kprior reported value-10.9K shares-100.0%ZDZiff Davis, Inc.$552.0Kprior reported value-6.5K shares-100.0%