Jensen Investment Management 13F, Q4 2023
Jensen Investment Management · quarter ending 31 December 2023 · filed 12 February 2024 · SEC CIK 1106129
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2023
The 25 largest of 82 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2023 filing.
| Company | Ticker | Value | % of book | vs Q3 2023 |
|---|---|---|---|---|
| Microsoft Corp | MSFT | $969.14M | 7.3% | -11% shares |
| Alphabet Inc Cap Stk Cl A | GOOGL | $879.05M | 6.7% | -2% shares |
| Accenture plc Class A | $851.53M | 6.5% | -7% shares | |
| PepsiCo Inc. | PEP | $819.37M | 6.2% | -2% shares |
| Apple, Inc. | AAPL | $753.50M | 5.7% | -2% shares |
| Unitedhealth Group Inc | UNH | $720.84M | 5.5% | -2% shares |
| Stryker Corp | SYK | $691.25M | 5.2% | -8% shares |
| Intuit Inc. | INTU | $687.17M | 5.2% | -2% shares |
| Marsh & McLennan Company Inc | MRSH | $558.75M | 4.2% | -2% shares |
| Nike Inc | NKE | $526.98M | 4.0% | unchanged |
| Starbucks Corp | SBUX | $465.06M | 3.5% | -2% shares |
| Automatic Data Processing, Inc | ADP | $461.59M | 3.5% | -2% shares |
| Mastercard Inc | MA | $449.67M | 3.4% | -2% shares |
| Equifax Inc | EFX | $383.11M | 2.9% | -11% shares |
| Texas Instruments Inc | TXN | $380.33M | 2.9% | -2% shares |
| Broadridge Financial Solutions | BR | $366.82M | 2.8% | -2% shares |
| Home Depot Inc. | HD | $363.17M | 2.8% | -2% shares |
| Procter & Gamble Co | PG | $344.36M | 2.6% | -2% shares |
| Pfizer Inc. | PFE | $339.02M | 2.6% | -3% shares |
| Amphenol Corp | APH | $333.76M | 2.5% | -2% shares |
| Johnson & Johnson | JNJ | $329.96M | 2.5% | -8% shares |
| KLA Corporation | KLAC | $319.01M | 2.4% | -2% shares |
| Waste Management | WM | $310.54M | 2.4% | -2% shares |
| Verisk Analytics Inc | VRSK | $215.19M | 1.6% | -2% shares |
| Ball Corporation | BALL | $175.60M | 1.3% | -2% shares |
What changed since Q3 2023
Against the Q3 2023 filing, Jensen Investment Management opened 2 new positions, added to 12, trimmed 38, left 30 unchanged and exited 3. 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 0001171200-24-000016, 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.