Jensen
Portfolio value$4.1B
Positions83
QuarterQ2 2026ended 2026-06-30
Filed08/072026
Jensen Investment Management Inc's Q2 2026 13F, filed Aug 7, 2026, reports 83 positions worth $4.1B. The ten largest are 55.1% of the book, led by Alphabet (Class A) at 6.9%, Microsoft at 6.7% and Amazon at 6.1%. Against Q1 2026: 1 bought, 8 added to, 69 reduced, 2 sold; the largest moves were reduced KLA (−52%) and reduced Alphabet (Class A) (−45%).
Where the money is
GOOGLMSFTAMZNAAPLNVDAKLACSYKSHWLLYMA73 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| GOOGL | Alphabet INC Cap Stk Cl A | 6.9% | $284.9M797,098 sh | 357.37 → −5% | 51% overvalued | reduced −45% |
| MSFT | Microsoft Corp | 6.7% | $275.0M737,144 sh | 373.02 → +42% | 10% overvalued | reduced −37% |
| AMZN | Amazon.com Inc. | 6.1% | $251.2M1.1M sh | 238.34 → +5% | 182% overvalued | reduced −14% |
| AAPL | Apple, Inc. | 6.0% | $249.1M860,969 sh | 289.36 → +19% | 114% overvalued | reduced −46% |
| NVDA | Nvidia Corp | 5.8% | $239.6M1.2M sh | 200.09 → +7% | 3% undervalued | reduced −27% |
| KLAC | Kla Corporation | 5.8% | $238.5M790,391 sh | 301.71 → −45% | 103% overvalued | reduced −52% |
| SYK | Stryker Corp | 4.5% | $185.7M589,670 sh | 314.84 → −6% | 13% overvalued | reduced −15% |
| SHW | Sherwin-williams CO | 4.5% | $185.6M539,035 sh | 344.32 → −3% | 76% overvalued | reduced −14% |
| LLY | Eli Lilly & Co. | 4.5% | $184.4M153,735 sh | 1,199.43 → +5% | 22% overvalued | reduced −33% |
| MA | Mastercard INC | 4.3% | $178.6M347,714 sh | 513.60 → +20% | 15% overvalued | reduced −29% |
| MRSH | Marsh, Inc. | 4.0% | $164.2M984,904 sh | 166.67 → +13% | 17% undervalued | reduced −14% |
| AVGO | Broadcom, Inc. | 3.6% | $148.1M392,082 sh | 377.75 → −13% | 49% undervalued | reduced −12% |
| WM | Waste Management | 3.4% | $140.6M631,052 sh | 222.88 → +2% | 36% overvalued | reduced −3% |
| PG | Procter & Gamble CO | 3.1% | $126.2M860,442 sh | 146.64 → +9% | 32% overvalued | reduced −14% |
| CDNS | Cadence Design Systems, Inc. | 2.8% | $115.8M308,555 sh | 375.32 → −15% | 182% overvalued | reduced −39% |
| MSI | Motorola Solutions Inc. | 2.8% | $115.8M278,721 sh | 415.29 → +12% | 61% overvalued | added +64% |
| APH | Amphenol Corp | 2.6% | $108.4M614,660 sh | 88.16 → −10% | 66% overvalued | added +173% |
| ABT | Abbott Labs | 1.9% | $80.3M885,262 sh | 90.74 → +16% | 3% undervalued | reduced −40% |
| VEEV | Veeva Systems Inc. Class A | 1.9% | $79.8M449,489 sh | 177.47 → +75% | 157% overvalued | reduced −21% |
| TJX | Tjx Companies INC | 1.8% | $76.2M503,180 sh | 151.50 → −3% | 34% overvalued | added +2073% |
| VRSK | Verisk Analytics INC | 1.7% | $68.1M379,127 sh | 179.53 → +6% | 11% overvalued | reduced −21% |
| META | Meta Platforms, Inc. Class A | 1.5% | $61.7M109,456 sh | 563.29 → +26% | 10% overvalued | reduced −68% |
| MCD | Mcdonald's Corp. | 1.5% | $61.0M225,570 sh | 270.31 → −10% | 2% undervalued | reduced −18% |
| EFX | Equifax INC | 1.4% | $58.8M370,551 sh | 158.72 → +2% | 39% overvalued | reduced −53% |
| CTAS | Cintas Corporation | 1.4% | $56.7M333,630 sh | 170.08 → +26% | 108% overvalued | bought |
| IDXX | Idexx Laboratories Inc. | 1.3% | $55.6M105,709 sh | 526.44 → +6% | 152% overvalued | added +2861% |
| BR | Broadridge Financial Solutions | 1.3% | $52.1M380,126 sh | 136.95 → +28% | 6% undervalued | reduced −56% |
| CPRT | Copart Inc. | 0.8% | $35.1M1.2M sh | 28.19 → −1% | 5% overvalued | reduced −22% |
| ADP | Automatic Data Processing, INC | 0.4% | $18.5M82,492 sh | 223.95 → +29% | 65% overvalued | reduced −21% |
| ORCL | Oracle Corp | 0.4% | $17.4M118,394 sh | 146.55 → −13% | 30% undervalued | reduced −2% |
| ECL | Ecolab INC | 0.4% | $16.3M58,436 sh | 278.61 → +4% | 90% overvalued | reduced −1% |
| JGRW | Jensen Quality Growth ETF | 0.4% | $14.8M544,862 sh | 27.12 | — | reduced −5% |
| WAT | Waters Corp | 0.4% | $14.5M38,566 sh | 375.04 → +17% | 73% overvalued | reduced −1% |
| PEP | Pepsico Inc. | 0.3% | $10.8M79,927 sh | 135.40 → −3% | 3% undervalued | reduced −2% |
| CL | Colgate-palmolive CO | 0.3% | $10.6M115,229 sh | 91.68 → +3% | 36% overvalued | reduced −3% |
| EMR | Emerson Elec CO | 0.3% | $10.5M73,691 sh | 143.15 → +13% | 84% overvalued | reduced −1% |
| KO | Coca-cola CO | 0.2% | $9.1M111,668 sh | 81.27 → +16% | 76% overvalued | added +0% |
| AON | Aon PLC Registered Shs | 0.2% | $8.6M25,789 sh | 331.69 → −12% | 19% undervalued | added +1% |
| TSM | Taiwan Semiconductor Manuf ADR | 0.2% | $7.6M15,884 sh | 477.57 | — | reduced −3% |
| ADBE | Adobe INC | 0.2% | $6.9M33,545 sh | 205.02 → +20% | 28% undervalued | reduced −1% |
| ACN | Accenture PLC Class A | 0.2% | $6.5M52,235 sh | 124.44 → +85% | 13% undervalued | reduced −10% |
| CCK | Crown Holdings Inc. | 0.1% | $5.9M52,583 sh | 111.82 | — | reduced −8% |
| CLX | Clorox Company | 0.1% | $4.6M47,805 sh | 95.44 → −9% | 39% undervalued | added +4% |
| LH | Labcorp Holdings, Inc. | 0.1% | $4.5M16,050 sh | 280.00 → +14% | 13% overvalued | reduced −13% |
| MMM | 3m Co. | 0.1% | $4.5M27,618 sh | 161.91 → +2% | 55% overvalued | reduced −0% |
| CTSH | Cognizant Technology Solutions | 0.1% | $4.0M103,867 sh | 38.73 → +70% | 33% undervalued | reduced −2% |
| EHC | Encompass Health Corp | 0.1% | $4.0M39,260 sh | 101.08 | — | reduced −23% |
| GWW | W.w. Grainger Inc. | 0.1% | $3.7M2,732 sh | 1,360.40 → −2% | 97% overvalued | reduced −13% |
| TROW | T Rowe Price Group INC | 0.1% | $3.6M31,950 sh | 113.69 → −11% | 36% undervalued | held |
| ROST | Ross Stores INC | 0.1% | $3.6M16,872 sh | 212.85 → +11% | 58% overvalued | reduced −23% |
| MSCI | Msci, Inc. | 0.1% | $3.6M6,410 sh | 560.04 → +2% | 65% overvalued | reduced −17% |
| KR | Kroger Company | 0.1% | $3.5M62,390 sh | 55.53 → +15% | 57% overvalued | reduced −6% |
| RTX | Raytheon Technologies Corp | 0.1% | $3.3M17,586 sh | 189.73 → +2% | 9% overvalued | reduced −0% |
| KEYS | Keysight Technologies, Inc. | 0.1% | $3.2M9,127 sh | 350.07 → −5% | 224% overvalued | reduced −46% |
| LEVI | Levi Strauss & CO | 0.1% | $3.2M128,120 sh | 24.83 | — | reduced −8% |
| FFIV | F5 Networks Inc. | 0.1% | $3.1M7,470 sh | 415.96 → +6% | 73% overvalued | reduced −44% |
| CHD | Church & Dwight CO INC | 0.1% | $3.1M31,740 sh | 96.88 → +8% | 32% overvalued | reduced −8% |
| NKE | Nike INC | 0.1% | $2.9M71,344 sh | 41.05 → −10% | 16% overvalued | reduced −5% |
| TSCO | Tractor Supply CO | 0.1% | $2.8M89,840 sh | 31.61 → +5% | 15% undervalued | reduced −8% |
| ABBV | Abbvie Inc. | 0.1% | $2.8M11,064 sh | 251.64 → +13% | at model | reduced −1% |
| GNTX | Gentex Corporation | 0.1% | $2.7M108,470 sh | 25.27 | — | reduced −19% |
| JNJ | Johnson & Johnson | 0.1% | $2.2M8,797 sh | 253.97 → +1% | 36% undervalued | reduced −10% |
| URI | United Rentals, Inc. | 0.1% | $2.2M1,902 sh | 1,132.89 → −9% | 4% undervalued | reduced −12% |
| TTC | Toro Company | 0.1% | $2.1M21,423 sh | 97.42 | — | reduced −8% |
| G | Genpact Limited | 0.0% | $2.0M73,655 sh | 27.50 | — | reduced −21% |
| INTU | Intuit Inc. | 0.0% | $2.0M7,526 sh | 261.00 → +25% | 24% undervalued | reduced −93% |
| APD | Air Products & Chemicals | 0.0% | $1.6M5,491 sh | 293.18 → +2% | 9% overvalued | reduced −29% |
| OMC | Omnicom Group INC | 0.0% | $1.6M22,054 sh | 72.83 → +11% | 25% overvalued | held |
| NDSN | Nordson Corporation | 0.0% | $1.3M4,360 sh | 301.69 → +7% | 99% overvalued | reduced −38% |
| DCI | Donaldson Co. Inc. | 0.0% | $1.2M13,490 sh | 89.77 | — | reduced −42% |
| DOX | Amdocs Limited | 0.0% | $1.1M21,660 sh | 50.54 | — | added +22% |
| RACE | Ferrari N.v. | 0.0% | $998,4822,682 sh | 372.29 | — | held |
| FICO | Fair Isaac Corporation | 0.0% | $884,137740 sh | 1,194.78 → −35% | at model | reduced −41% |
| BAH | Booz Allen Hamilton Holding CO | 0.0% | $772,32912,730 sh | 60.67 | — | reduced −8% |
| LIN | Linde PLC | 0.0% | $669,4331,290 sh | 518.94 → −4% | 72% overvalued | held |
| MANH | Manhattan Associates, Inc. | 0.0% | $565,3554,060 sh | 139.25 | — | reduced −8% |
| CPB | Campbell Soup Company | 0.0% | $484,03821,735 sh | 22.27 | — | reduced −31% |
| GIS | General Mills Inc. | 0.0% | $436,60112,546 sh | 34.80 → −5% | 42% overvalued | reduced −30% |
| TXN | Texas Instruments INC | 0.0% | $371,6931,247 sh | 298.07 → −7% | 131% overvalued | reduced −11% |
| UNH | Unitedhealth Group INC | 0.0% | $357,026859 sh | 415.63 → −3% | 19% overvalued | reduced −42% |
| GPC | Genuine Parts Company | 0.0% | $315,4792,674 sh | 117.98 → +14% | 57% overvalued | held |
| BDX | Becton Dickinson & Co. | 0.0% | $308,7132,040 sh | 151.33 → +27% | 14% undervalued | reduced −5% |
| HD | Home Depot, Inc. | 0.0% | $281,086797 sh | 352.68 → −12% | 34% overvalued | reduced −45% |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.