Jensen Investment

Q2 2013 13F · by Robert McIver, CEO

As of: Jun 30, 2013
Filed: Aug 5, 2013
US stock: $6.1B
Positions: 92
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves

First filing on record. Nothing to compare against.

The book

Focused · behaves like 27 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Turnover · first filing on record

Low
Moderate
High

Top 5 positions25% of US stock

Positions92 in this filing · 0 exited


MMM3M Company	5.46%	3,046,451	$333M	held	—	new
PEPPepsiCo, Inc.	5.12%	3,820,630	$312M	held	—	new
UTXZRTX Corporation	5.00%	3,281,362	$305M	held	—	new
ORCLOracle Corp	4.51%	8,961,578	$275M	held	—	new
OMCOmnicom Group Inc.	4.48%	4,342,448	$273M	held	—	new
ADPAutomatic Data Processing	4.28%	3,794,263	$261M	held	—	new
CLColgate-Palmolive Company	4.13%	4,401,133	$252M	held	—	new
PGProcter & Gamble Company	4.08%	3,234,000	$249M	held	—	new
MSFTMicrosoft Corp	3.84%	6,783,746	$234M	held	—	new
ACNAccenture PLC	3.65%	3,096,731	$223M	held	—	new
PXGBXPraxair Inc	3.64%	1,927,731	$222M	held	—	new
TROWT Rowe Price Group Inc	3.62%	3,017,257	$221M	held	—	new
EMREmerson Electric Co.	3.47%	3,886,418	$212M	held	—	new
unresolvedMedtronic Inc	3.47%	4,115,506	$212M	held	—	new
WATWaters Corp	3.44%	2,100,023	$210M	held	—	new
UPSUnited Parcel Service, Inc. Class B	3.37%	2,375,051	$205M	held	—	new
NKENike, Inc.	3.31%	3,170,216	$202M	held	—	new
ABTAbbott Laboratories	3.19%	5,581,244	$195M	held	—	new
BDXBecton, Dickinson and Co.	3.19%	1,969,704	$195M	held	—	new
EFXEquifax, Incorporated	3.00%	3,110,196	$183M	held	—	new
CTSHCognizant Technology Solutions	2.76%	2,684,734	$168M	held	—	new
KOCoca-Cola Company	2.73%	4,152,808	$167M	held	—	new
TJXTJX Companies, Inc. (The)	2.70%	3,288,897	$165M	held	—	new
APHAmphenol Corporation	2.65%	2,072,836	$162M	held	—	new
99803EURLaboratory Crp Of Amer Hldgs	2.29%	1,395,444	$140M	held	—	new
VARVarian Medical Systems, Inc.	2.29%	2,070,303	$140M	held	—	new
ECLEcolab, Inc.	1.97%	1,412,898	$120M	held	—	new
ADBEAdobe Inc.	1.83%	2,455,337	$112M	held	—	new
CHRWC.H. Robinson Worldwide, Inc.	1.82%	1,968,865	$111M	held	—	new
SYKStryker Corporation	0.11%	104,105	$7M	held	—	new
CLXClorox Company	0.08%	58,785	$5M	held	—	new
ABBVAbbvie Inc.	0.03%	43,641	$2M	held	—	new
JNJJohnson & Johnson	0.02%	16,855	$1M	held	—	new
AAPAdvance Auto Parts Inc	0.01%	3,771	$306,000	held	—	new
unresolvedAlliant Techsystems Inc	0.01%	7,489	$617,000	held	—	new
MOAltria Group, Inc.	0.01%	14,460	$506,000	held	—	new
AVPAvon Products, Inc.	0.01%	23,969	$504,000	held	—	new
BALLBall Corporation	0.01%	11,296	$469,000	held	—	new
BCRCR Bard Inc.	0.01%	6,594	$717,000	held	—	new
BBYD20230930-DK-BUTTERFLY-1 Inc	0.01%	7,398	$525,000	held	—	new
BBYBest Buy Company, Inc.	0.01%	25,079	$685,000	held	—	new
unresolvedCigna Corporation	0.01%	8,207	$595,000	held	—	new
CPBThe Campbell's Company	0.01%	11,445	$513,000	held	—	new
CATCaterpillar Inc.	0.01%	4,420	$365,000	held	—	new
CSCOCisco Systems, Inc. (DE)	0.01%	23,270	$566,000	held	—	new
unresolvedCoach Inc	0.01%	8,534	$487,000	held	—	new
DEDeere & Company	0.01%	4,320	$351,000	held	—	new
unresolvedDell Inc	0.01%	40,926	$546,000	held	—	new
DLXDeluxe Corporation	0.01%	14,222	$493,000	held	—	new
DLBDolby Laboratories, Inc.Class A	0.01%	14,210	$475,000	held	—	new
unresolvedDun & Bradstreet Corp/The	0.01%	5,568	$543,000	held	—	new
unresolvedEndo Health Sol'ns Inc.	0.01%	14,008	$515,000	held	—	new
unresolvedEnergizer Hldgs Inc	0.01%	5,359	$539,000	held	—	new
XOMExxon Mobil Corp	0.01%	5,704	$515,000	held	—	new
FHIFederated Hermes, Inc.	0.01%	22,640	$621,000	held	—	new
GDGeneral Dynamics Corporation	0.01%	6,990	$548,000	held	—	new
GPNGlobal Payments, Inc.	0.01%	11,074	$513,000	held	—	new
KRThe Kroger Co.	0.01%	17,920	$619,000	held	—	new
LXKLexmark International Inc-a	0.01%	17,655	$540,000	held	—	new
LMTLockheed Martin Corp.	0.01%	5,175	$561,000	held	—	new
unresolvedMcGraw Hill	0.01%	9,147	$487,000	held	—	new
MCOMoody's Corporation	0.01%	8,497	$518,000	held	—	new
JWNNordstrom, Inc.	0.01%	6,790	$407,000	held	—	new
NUSNuSkin Enterprises, Inc.	0.01%	9,838	$601,000	held	—	new
PDCOPatterson Companies, Inc.	0.01%	8,494	$319,000	held	—	new
PAYXPaychex Inc	0.01%	15,692	$573,000	held	—	new
PFEPfizer Inc.	0.01%	17,775	$498,000	held	—	new
PBIPitney Bowes Inc.	0.01%	33,793	$496,000	held	—	new
unresolvedQuality Systems Inc.	0.01%	21,500	$402,000	held	—	new
DGXQuest Diagnostics Inc.	0.01%	8,931	$541,000	held	—	new
unresolvedRockwell Collins Inc	0.01%	8,237	$522,000	held	—	new
unresolvedSt Jude Med Inc	0.01%	11,982	$547,000	held	—	new
SLGNSilgan Holdings Inc	0.01%	6,865	$322,000	held	—	new
SYYSysco Corporation	0.01%	15,912	$544,000	held	—	new
SGISomnigroup International Inc.	0.01%	12,859	$565,000	held	—	new
UPLUltra Petroleum Corp	0.01%	24,150	$479,000	held	—	new
UNHUNITEDHEALTH GROUP INCORPORATED (Delaware)	0.01%	8,501	$557,000	held	—	new
WDRWaddell & Reed Financial, Inc.	0.01%	12,575	$547,000	held	—	new
WMTWalmart Inc.	0.01%	6,699	$499,000	held	—	new
WDCWestern Digital Corp.	0.01%	10,039	$623,000	held	—	new
WRLDWorld Acceptance Corp	0.01%	5,971	$519,000	held	—	new
ZBHZimmer Biomet Holdings, Inc.	0.01%	7,036	$527,000	held	—	new
GRMNGarmin Ltd	0.01%	13,673	$494,000	held	—	new
EATBrinker International, Inc.	0.00%	6,116	$241,000	held	—	new
unresolvedFamily Dlr Stores Inc	0.00%	3,421	$213,000	held	—	new
IBMInternational Business Machines Corporation	0.00%	1,174	$224,000	held	—	new
ROSTRoss Stores Inc	0.00%	3,379	$219,000	held	—	new
TGTTarget Corporation	0.00%	3,394	$234,000	held	—	new
TUPTupperware Brands Corporation	0.00%	3,362	$261,000	held	—	new
WTWWillis Towers Watson Public Limited Company	0.00%	4,537	$209,000	held	—	new
WLYJohn Wiley & Sons, Inc. Class A	0.00%	5,320	$213,000	held	—	new
unresolvedWindstream Corp	0.00%	10,111	$79,000	held	—	new