13F filing recap · Q4 2019

What did Jensen Investment Management buy in Q4 2019?

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

Stock value

$10.08B

Positions

Estimated turnover

13.6%

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

KKellanova$685.0Kreported value+9.9K shares FFIVF5, Inc.$673.0Kreported value+4.8K shares SBUXStarbucks Corporation$202.0Kreported value+2.3K shares

Increased positions

UTXRtx Corporation$592.78Mreported value+2.3K shares+0.1%JNJJohnson & Johnson$567.72Mreported value+150.4K shares+4.0%MMM3m Company$543.01Mreported value+260.6K shares+9.3%AAPLApple Inc.$470.87Mreported value+425 shares

Reduced positions

MSFTMicrosoft Corporation$705.37Mreported value-196.2K shares-4.2%BDXBecton Dickinson & Co$681.66Mreported value-806 shares-0.0%PEPPepsico, Inc.$655.05Mreported value-1.2K shares-0.0%UNHUnitedHealth Group Incorporated$437.98Mreported value-344.4K shares

Exited positions

HSYHershey Co$894.0Kprior reported value-5.8K shares-100.0%AMGAffiliated Managers Group, Inc.$572.0Kprior reported value-6.9K shares-100.0%EMNEastman Chemical Co$450.0Kprior reported value-6.1K shares-100.0%OIO-I Glass, Inc.$335.0Kprior reported value-32.6K shares