13F filing recap · Q4 2024

What did Jensen Investment Management buy in Q4 2024?

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

Stock value

$11.05B

Positions

Estimated turnover

7.8%

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.

Quarter in review

Jensen Investment Management opened new positions in Cadence Design Systems, Ross Stores, and Hologic, while exiting Charles River Laboratories, Pool Corporation, Solventum, Ulta Beauty, and United Rentals. The firm trimmed Alphabet, Amphenol, and Verisk Analytics, and substantially reduced Becton Dickinson, Starbucks, and Ball Corporation. It also added to Tractor Supply sharply, and increased Clorox, Genpact, Booz Allen Hamilton, Donaldson, and several others.

New positions

CDNSCadence Design Systems, Inc.$126.57Mreported value+421.3K shares ROSTRoss Stores, Inc.$6.17Mreported value+40.8K shares HOLXHologic Inc$3.66Mreported value+50.8K shares

Increased positions

CLXClorox Co /de/$11.45Mreported value+12.3K shares+21.2%GGenpact Limited$8.40Mreported value+5.5K shares+2.9%TSCOTractor Supply Co /de/$6.69Mreported value+100.9K shares+400.0%KEYSKeysight Technologies, Inc.$6.27Mreported value+1.4K shares

Reduced positions

MSFTMicrosoft Corporation$866.33Mreported value-66.0K shares-3.1%AAPLApple Inc.$833.71Mreported value-338.5K shares-9.2%ACNAccenture Plc$802.90Mreported value-29.7K shares-1.3%MRSHMarsh & Mclennan Companies, Inc.$645.84Mreported value-10.3K shares

Exited positions

ULTAUlta Beauty, Inc.$4.41Mprior reported value-11.3K shares-100.0%URIUnited Rentals, Inc.$3.77Mprior reported value-4.7K shares-100.0%CRLCharles River Laboratories International, Inc.$2.40Mprior reported value-12.2K shares-100.0%POOLPool Corporation$1.79Mprior reported value