13F filing recap · Q3 2020

What did Jensen Investment Management buy in Q3 2020?

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

Stock value

$11.29B

Positions

Estimated turnover

13.5%

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

HDHome Depot, Inc.$224.72Mreported value+809.2K shares WMWaste Management, Inc$111.57Mreported value+985.8K shares MMSMaximus, Inc.$1.14Mreported value+16.7K shares MCHPMicrochip Technology Incorporated$1.03Mreported value+10.0K shares VRSKVerisk Analytics, Inc.$439.0Kreported value+2.4K shares

Increased positions

PEPPepsico, Inc.$734.23Mreported value+7.6K shares+0.1%JNJJohnson & Johnson$642.92Mreported value+4.0K shares+0.1%GOOGLAlphabet Inc.$626.59Mreported value+1.2K shares+0.3%MMM3m Company$551.58Mreported value+4.4K shares

Reduced positions

MSFTMicrosoft Corporation$804.71Mreported value-261.0K shares-6.4%BDXBecton Dickinson & Co$621.00Mreported value-2.7K shares-0.1%UNHUnitedHealth Group Incorporated$441.39Mreported value-177.3K shares-11.1%CTSHCognizant Technology Solutions Corporation$366.87Mreported value-20 shares

Exited positions

VARVarian Medical Systems, Inc.$1.59Mprior reported value-13.0K shares-100.0%