13F filing recap · Q1 2022

What did Jensen Investment Management buy in Q1 2022?

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

Stock value

$13.41B

Positions

Estimated turnover

7.7%

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

MCOMoody’s Corporation$173.15Mreported value+513.2K shares CDNSCadence Design Systems, Inc.$5.84Mreported value+35.5K shares MANHManhattan Associates, Inc.$5.45Mreported value+39.3K shares TTCThe Toro Company$2.22Mreported value+26.0K shares

Increased positions

MSFTMicrosoft Corporation$911.41Mreported value+13.5K shares+0.5%GOOGLAlphabet Inc.$903.97Mreported value+2.3K shares+0.7%PEPPepsico, Inc.$842.55Mreported value+32.2K shares+0.6%AAPLApple Inc.$712.91Mreported value+29.3K shares

Reduced positions

JNJJohnson & Johnson$654.75Mreported value-317.3K shares-7.9%UNHUnitedHealth Group Incorporated$586.31Mreported value-112.4K shares-8.9%BDXBecton Dickinson & Co$549.10Mreported value-218.4K shares-9.6%ADBEAdobe Inc.$20.49Mreported value-495 shares

Exited positions

GWWW.w. Grainger, Inc.$1.29Mprior reported value-2.5K shares-100.0%ONOn Semiconductor Corporation$913.0Kprior reported value-13.4K shares-100.0%