13F filing recap · Q1 2026

What did Jensen Investment Management buy in Q1 2026?

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

Stock value

$5.07B

Positions

Estimated turnover

17.8%

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 exited Factset Research Systems, Hologic, Landstar System, Lululemon Athletica, and On Semiconductor during the quarter. Microsoft, Apple, Nvidia, KLA, Abbott Laboratories, Waste Management, and Procter & Gamble were trimmed, while Broadcom and Aon saw dramatic increases. McDonald’s, Intuit, Automatic Data Processing, and Texas Instruments were substantially reduced, and Veeva Systems was significantly added to.

Increased positions

AMZNAmazon.com Inc$253.97Mreported value+85.8K shares+7.6%MAMastercard Inc$245.30Mreported value+8.2K shares+1.7%SHWThe Sherwin-Williams Company$200.76Mreported value+8.0K shares+1.3%MRSHMarsh & Mclennan Companies, Inc.$199.68Mreported value+66.9K shares+6.2%

Reduced positions

MSFTMicrosoft Corporation$433.47Mreported value-155.8K shares-11.7%GOOGLAlphabet Inc.$416.68Mreported value-83.2K shares-5.4%AAPLApple Inc.$405.03Mreported value-382.3K shares-19.3%NVDANvidia Corp$284.62Mreported value-621.7K shares

Exited positions

FDSFactset Research Systems Inc.$3.43Mprior reported value-11.8K shares-100.0%HOLXHologic Inc$2.09Mprior reported value-28.0K shares-100.0%ONOn Semiconductor Corporation$1.16Mprior reported value-21.4K shares-100.0%LULULululemon Athletica Inc.$814.6Kprior reported value-3.9K shares