13F filing recap · Q1 2023

What did Jensen Investment Management buy in Q1 2023?

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

Stock value

$12.68B

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

TECHBio-Techne Corp$2.70Mreported value+37.3K shares LINLinde Plc$950.0Kreported value+2.7K shares

Increased positions

ACNAccenture Plc$704.85Mreported value+147.3K shares+6.3%SBUXStarbucks Corporation$483.25Mreported value+188.5K shares+4.1%MRSHMarsh & Mclennan Companies, Inc.$477.26Mreported value+279.1K shares+10.7%INTUIntuit Inc.$476.62Mreported value+74.5K shares

Reduced positions

MSFTMicrosoft Corporation$875.72Mreported value-106.6K shares-3.3%PEPPepsico, Inc.$858.20Mreported value-183.1K shares-3.7%SYKStryker Corp$715.88Mreported value-88.0K shares-3.3%AAPLApple Inc.$660.45Mreported value-147.8K shares

Exited positions

CRICarter'S, Inc.$2.62Mprior reported value-35.1K shares-100.0%LSTRLandstar System, Inc.$2.56Mprior reported value-15.7K shares-100.0%LINLinde Plc$1.15Mprior reported value-3.5K shares-100.0%SPYSPDR S&P 500 ETF Trust$240.9Kprior reported value-630 shares