13F filing recap · Q4 2025

What did Jensen Investment Management buy in Q4 2025?

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

Stock value

$6.36B

Positions

Estimated turnover

35.0%

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.

Quarter in review

Jensen Investment Management opened new positions in Amazon.com, Motorola, Broadcom, Trust for Professional Managers, Bajaj Finance, Ferrari, and Amdocs, while exiting Bristol-Myers Squibb, Kellanova, Paychex, United Parcel Service, and Zoetis. The firm trimmed Microsoft, Apple, and Alphabet, and substantially reduced Eli Lilly, Stryker, Marsh & McLennan, Intuit, Copart, Amphenol, and Accenture. Nvidia and Verisk Analytics saw slight increases, while W.W. Grainger was substantially added to.

New positions

AMZNAmazon.com Inc$261.67Mreported value+1.13M shares MSIMotorola, Inc.$67.17Mreported value+175.2K shares AVGOBroadcom Inc.$61.76Mreported value+178.4K shares JGRWTrust for Professional Managers$14.02Mreported value+517.8K shares

Increased positions

NVDANvidia Corp$420.32Mreported value+93.5K shares+4.3%VRSKVerisk Analytics, Inc.$99.68Mreported value+21.0K shares+4.9%CCKCrown Holdings, Inc.$5.86Mreported value+7.7K shares+15.6%AONAon Plc$3.74Mreported value+503 shares

Reduced positions

MSFTMicrosoft Corporation$641.69Mreported value-192.6K shares-12.7%AAPLApple Inc.$537.81Mreported value-325.0K shares-14.1%GOOGLAlphabet Inc.$479.58Mreported value-259.1K shares-14.5%MAMastercard Inc$275.59Mreported value-98.8K shares

Exited positions

ZTSZoetis Inc.$129.34Mprior reported value-883.9K shares-100.0%UPSUnited Parcel Service, Inc$1.67Mprior reported value-20.0K shares-100.0%BMYBristol-Myers Squibb Company$1.19Mprior reported value-26.5K shares-100.0%PAYXPaychex, Inc.$1.18Mprior reported value-9.3K shares