Jensen Investment Management 13F, Q3 2023
Jensen Investment Management · quarter ending 30 September 2023 · filed 7 November 2023 · SEC CIK 1106129
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 83 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| Microsoft Corp | MSFT | $913.14M | 7.2% | unchanged |
| Alphabet Inc Cap Stk Cl A | GOOGL | $841.66M | 6.7% | +3% shares |
| PepsiCo Inc. | PEP | $834.97M | 6.6% | +3% shares |
| Accenture plc Class A | $796.83M | 6.3% | +3% shares | |
| Unitedhealth Group Inc | UNH | $706.16M | 5.6% | +3% shares |
| Stryker Corp | SYK | $687.50M | 5.4% | -3% shares |
| Apple, Inc. | AAPL | $685.50M | 5.4% | -3% shares |
| Intuit Inc. | INTU | $574.58M | 4.5% | +3% shares |
| Marsh & McLennan Company Inc | MRSH | $574.04M | 4.5% | +3% shares |
| Automatic Data Processing, Inc | ADP | $487.76M | 3.9% | -2% shares |
| Nike Inc | NKE | $472.69M | 3.7% | +3% shares |
| Starbucks Corp | SBUX | $452.37M | 3.6% | +3% shares |
| Mastercard Inc | MA | $426.86M | 3.4% | +3% shares |
| Pfizer Inc. | PFE | $401.88M | 3.2% | +3% shares |
| Texas Instruments Inc | TXN | $362.84M | 2.9% | +3% shares |
| Johnson & Johnson | JNJ | $355.02M | 2.8% | -19% shares |
| Procter & Gamble Co | PG | $350.37M | 2.8% | -3% shares |
| Broadridge Financial Solutions | BR | $326.83M | 2.6% | +2% shares |
| Home Depot Inc. | HD | $323.97M | 2.6% | +3% shares |
| Equifax Inc | EFX | $320.42M | 2.5% | +11% shares |
| Amphenol Corp | APH | $289.44M | 2.3% | unchanged |
| Waste Management | WM | $270.13M | 2.1% | +3% shares |
| KLA Corporation | KLAC | $256.88M | 2.0% | +32% shares |
| Verisk Analytics Inc | VRSK | $217.68M | 1.7% | -3% shares |
| Moody's Corp. | MCO | $210.31M | 1.7% | -8% shares |
What changed since Q2 2023
Against the Q2 2023 filing, Jensen Investment Management opened 1 new position, added to 29, trimmed 33, left 20 unchanged and exited 0. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001171200-23-000445, filed by JENSEN INVESTMENT MANAGEMENT INC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.