JENSEN INVESTMENT MANAGEMENT INC

Fundamental diversified ★Signal CIK 1106129
League rank
#523
in Fundamental diversified · #3343 overall
Long book
$5.07B
Q1 2026
Positions
84
Top-10 weight
58%
concentration
Last quarter
+12.0%
SPY +14.8%
Turnover
6%
of book per quarter

Strategy in plain words

auto-generated from filings

JENSEN INVESTMENT MANAGEMENT INC is a diversified fundamental manager, running a $5.07B US long book across 84 positions.

The portfolio is concentrated: the top 10 names carry 58% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: MICROSOFT CORP, ALPHABET INC-CL A, APPLE INC, NVIDIA CORP, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 2.9pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.2%
Q2 2024
+7.0%
Q3 2024
-2.3%
Q4 2024
-1.4%
Q1 2025
+4.8%
Q2 2025
+3.2%
Q3 2025
-0.5%
Q4 2025
-10.0%
Q1 2026
+12.0%

Sector allocation

Technology
48%
Healthcare
12%
Consumer discretionary
12%
Services media
11%
Other
8%
Financials
4%
Utilities
3%
Industrials
1%

Long book by quarter

$13.09B
Q1 2024
$12.22B
Q2 2024
$11.96B
Q3 2024
$11.05B
Q4 2024
$9.04B
Q1 2025
$8.53B
Q2 2025
$8.06B
Q3 2025
$6.36B
Q4 2025
$5.07B
Q1 2026

What does JENSEN INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology1.2M$433.5M8.5%-11.7%
GOOGL ALPHABET INC-CL ATechnology1.4M$416.7M8.2%-5.4%
AAPL APPLE INCTechnology1.6M$405.0M8.0%-19.3%
NVDA NVIDIA CORPTechnology1.6M$284.6M5.6%-27.6%
AMZN AMAZON.COM INCConsumer discretionary1.2M$254.0M5.0%+7.6%
MA MASTERCARD INC - AServices media490.9K$245.3M4.8%+1.7%
KLAC KLA CORPOther165.6K$243.9M4.8%-12.6%
SYK STRYKER CORPHealthcare696.4K$228.8M4.5%-4.8%
LLY ELI LILLY & COHealthcare230.7K$212.2M4.2%-7.7%
SHW SHERWIN-WILLIAMS CO/THEConsumer discretionary626.3K$200.8M4.0%+1.3%
MRSH MARSH & MCLENNAN COSFinancials1.2M$199.7M3.9%+6.2%
META META PLATFORMS INC-CLASS ATechnology341.1K$195.2M3.8%-6.8%
ABT ABBOTT LABORATORIESHealthcare1.5M$152.6M3.0%-20.7%
WM WASTE MANAGEMENT INCUtilities651.3K$149.7M3.0%-34.9%
PG PROCTER & GAMBLE CO/THEOther997.4K$144.1M2.8%-22.2%
EFX EQUIFAX INCServices media783.1K$141.0M2.8%-5.0%
CDNS CADENCE DESIGN SYS INCTechnology505.9K$140.6M2.8%-4.5%
BR BROADRIDGE FINANCIAL SOLUTIOServices media855.8K$139.0M2.7%+11.2%
AVGO BROADCOM INCTechnology445.6K$137.9M2.7%+149.7%
VEEV VEEVA SYSTEMS INC-CLASS ATechnology566.5K$99.5M2.0%+83.5%
VRSK VERISK ANALYTICS INCTechnology481.5K$91.4M1.8%+8.1%
MCD MCDONALD'S CORPConsumer discretionary276.3K$85.9M1.7%-37.7%
MSI MOTOROLA SOLUTIONS INCTechnology169.5K$73.6M1.4%-3.3%
CPRT COPART INCConsumer discretionary1.6M$53.2M1.0%-26.1%
INTU INTUIT INCTechnology103.5K$44.8M0.9%-62.1%
APH AMPHENOL CORP-CL ATechnology225.4K$28.5M0.6%-2.2%
ADP AUTOMATIC DATA PROCESSINGTechnology104.9K$21.3M0.4%-83.4%
ORCL ORACLE CORPTechnology120.8K$17.8M0.4%-2.9%
ECL ECOLAB INCOther58.9K$15.7M0.3%-1.8%
PEP PEPSICO INCConsumer staples81.3K$12.6M0.2%-0.8%
ACN ACCENTURE PLC-CL AServices media58.3K$11.6M0.2%-12.2%
WAT WATERS CORPHealthcare38.8K$11.5M0.2%+0.1%
CL COLGATE-PALMOLIVE COOther118.6K$10.1M0.2%-0.2%
EMR EMERSON ELECTRIC COIndustrials74.5K$9.8M0.2%-0.5%
KO COCA-COLA CO/THEConsumer staples111.7K$8.5M0.2%0.0%
AON AON PLC-CLASS AFinancials25.6K$8.3M0.2%+141.1%
ADBE ADOBE INCTechnology33.8K$8.2M0.2%-2.2%
CTSH COGNIZANT TECH SOLUTIONS-ATechnology106.4K$6.5M0.1%-1.2%
CCK CROWN HOLDINGS INCIndustrials56.9K$5.7M0.1%Held
LH LABCORP HOLDINGS INCHealthcare18.5K$4.9M0.1%-19.0%
EHC ENCOMPASS HEALTH CORPHealthcare50.7K$4.9M0.1%Held
KR KROGER COConsumer discretionary66.3K$4.8M0.1%-17.4%
KEYS KEYSIGHT TECHNOLOGIES INTechnology17.0K$4.8M0.1%-38.8%
CLX CLOROX COMPANYOther46.2K$4.8M0.1%-32.6%
ROST ROSS STORES INCConsumer discretionary22.0K$4.8M0.1%-18.3%
TSCO TRACTOR SUPPLY COMPANYConsumer discretionary97.8K$4.4M0.1%Held
MSCI MSCI INCServices media7.8K$4.2M0.1%-21.3%
MMM 3M COHealthcare27.6K$4.0M0.1%-0.7%
NKE NIKE INC -CL BOther74.9K$4.0M0.1%-2.4%
FFIV F5 INCTechnology13.3K$3.9M0.1%-5.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 5, 202684$5.07B canonicalSEC ↗
Q4 202513F-HRFeb 11, 202689$6.36B canonicalSEC ↗
Q3 202513F-HRNov 6, 202587$8.06B canonicalSEC ↗
Q2 202513F-HRAug 8, 202583$8.53B canonicalSEC ↗
Q1 202513F-HRMay 9, 202584$9.04B canonicalSEC ↗
Q4 202413F-HRFeb 10, 202585$11.05B canonicalSEC ↗
Q3 202413F-HRNov 4, 202487$11.96B canonicalSEC ↗
Q2 202413F-HRAug 5, 202487$12.22B canonicalSEC ↗
Q1 202413F-HRMay 7, 202484$13.09B canonicalSEC ↗