HF Best Ideas
AnalysesQuarterly LettersWarren AI
All funds

Jensen Investment Management

Dec 2025 → Jun 2026 · 3 funds

Our archive holds 4 letters from Jensen Investment Management, behind 39 investment theses and positions in 37 companies. Every quote below is copied verbatim from the letter it came from.

Get an email when this fund publishes its next letter

Jensen Investment Management’s own letters page
4
Letters
37
Companies
16
Moves
39
Theses

3 strategies

Jensen Investment Management publishes a letter per strategy. Each one has its own page — what it holds, what it bought, what it wrote.

What they bought and sold · 16 moves

  • New positionTJX Companies Inc
    June 2026
    “During the quarter, we initiated positions in two quality companies, TJX Companies (TJX) and Amphenol Corporation (APH).”
    Read the letter
  • ExitedBest Buy Co. Inc.
    June 2026
    “During the quarter, the Quality Mid-Cap Investment Team initiated a position in Cintas Corporation (CTAS) and liquidated Best Buy Co., Inc. (BBY).”
    Read the letter
  • New positionCintas Corporation
    June 2026
    “During the quarter, the Quality Mid-Cap Investment Team initiated a position in Cintas Corporation (CTAS) and liquidated Best Buy Co., Inc. (BBY).”
    Read the letter
  • TrimmedMeta Platforms Inc
    June 2026
    “We also harvested gains in Meta (META) and Microsoft (MSFT) following strong share-price appreciation and reallocated capital to more attractively priced opportunities.”
    Read the letter
  • TrimmedKeysight Technologies Inc
    June 2026
    “During the quarter, we reduced the Portfolio’s position in Keysight Technologies, Inc. (KEYS), a manufacturer of instruments used in the design, simulation, manufacture, and testing of electronic systems.”
    Read the letter
  • TrimmedEquifax Inc
    June 2026
    “These changes included the full sale of Intuit (INTU) and a meaningful reduction in Broadridge (BR) and Equifax (EFX).”
    Read the letter
  • ExitedCopart Inc
    June 2026
    “We also exited Copart (CPRT), a position we’ve been decreasing over time due to deteriorating competitive advantages.”
    Read the letter
  • TrimmedBroadridge Financial Solutions Inc
    June 2026
    “These changes included the full sale of Intuit (INTU) and a meaningful reduction in Broadridge (BR) and Equifax (EFX).”
    Read the letter
  • AddedMotorola Solutions Inc
    June 2026
    “We also added to two existing positions, Motorola Solutions (MSI) and Waste Management (WM), as both quality defensive businesses had been trimmed at higher valuations in recent periods and warranted higher weights after valuation and growth prospects aligned to become more attractive during Q2 rebalancing.”
    Read the letter
  • TrimmedMicrosoft Corp
    June 2026
    “We also harvested gains in Meta (META) and Microsoft (MSFT) following strong share-price appreciation and reallocated capital to more attractively priced opportunities.”
    Read the letter
  • ExitedEquifax Inc
    June 2026
    “These changes included the full sale of Broadridge (BR) and Equifax (EFX).”
    Read the letter
  • ExitedBroadridge Financial Solutions Inc
    June 2026
    “These changes included the full sale of Broadridge (BR) and Equifax (EFX).”
    Read the letter
  • AddedKLA Corp
    June 2026
    “We also harvested gains in Alphabet and KLA Corp following strong share-price appreciation and reallocated capital to more attractively priced opportunities while maintaining significant exposure to both companies.”
    Read the letter
  • New positionAmphenol Corp
    June 2026
    “During the quarter, we initiated positions in two quality companies, TJX Companies (TJX) and Amphenol Corporation (APH).”
    Read the letter
  • AddedWaste Management Inc
    June 2026
    “We also added to two existing positions, Motorola Solutions (MSI) and Waste Management (WM), as both quality defensive businesses had been trimmed at higher valuations in recent periods and warranted higher weights after valuation and growth prospects aligned to become more attractive during Q2 rebalancing.”
    Read the letter
  • AddedAlphabet Inc
    June 2026
    “We also harvested gains in Alphabet and KLA Corp following strong share-price appreciation and reallocated capital to more attractively priced opportunities while maintaining significant exposure to both companies.”
    Read the letter

Companies held · 37

Every company Jensen Investment Management has disclosed a position in across our archive, with the letter that last mentioned it.

Theses · 39

  • Taiwan Semiconductor Manufacturing Co Ltd
    June 2026

    Taiwan Semiconductor Manufacturing Co Ltd is held as a key AI infrastructure beneficiary with durable market position, strong financial strength, and exposure to a major secular growth trend.

    Read the full thesis
  • KLA Corp
    June 2026

    KLA Corp is viewed as a high-quality AI infrastructure beneficiary with a durable market position, strong free cash flow, and long-term secular growth exposure.

    Read the full thesis
  • Alphabet Inc
    June 2026

    Alphabet Inc is held for its high-quality exposure to AI infrastructure growth, durable market position, strong free cash flow, and secular upside.

    Read the full thesis
  • TJX Companies
    June 2026

    TJX Companies is a new position selected for its resilient end markets, attractive reinvestment opportunities, compounding growth runway, and appealing quality-growth valuation.

    Read the full thesis
  • Amphenol Corporation
    June 2026

    Amphenol Corporation is a new position chosen for resilient end markets, reinvestment opportunities, long-term compounding growth, and an attractive entry point.

    Read the full thesis
  • Equifax
    June 2026

    Equifax is described as an exited holding because rapid technological change increased uncertainty around its long-term competitive environment and moat.

    Read the full thesis
  • Microsoft Corp
    June 2026

    Microsoft Corp is held as a high-quality AI beneficiary with durable market position, strong free cash flow, and exposure to long-term AI infrastructure growth.

    Read the full thesis
  • Amazon.com Inc
    June 2026

    Amazon.com Inc is held for high-quality exposure to AI infrastructure expansion, supported by durable market positions and strong free cash flow.

    Read the full thesis
  • NVIDIA Corp
    June 2026

    NVIDIA Corp is held as a core AI infrastructure beneficiary with durable market position, strong financial strength, and major secular growth potential.

    Read the full thesis
  • Aon PLC
    June 2026

    Aon PLC is held as a high-conviction quality compounder with dominant leadership, pricing power, recurring revenue, and disciplined capital allocation.

    Read the full thesis
  • Stryker Corp
    June 2026

    Stryker Corp is presented as a high-conviction quality compounder with market leadership, pricing power, recurring revenue, and long-term value creation.

    Read the full thesis
  • Mastercard Inc
    June 2026

    Mastercard Inc is held as a high-conviction quality compounder with dominant market leadership, pricing power, and recurring revenue.

    Read the full thesis

Letter archive · 4

2026

2025

Get Jensen Investment Management’s next letter the day it lands

We track Jensen Investment Management alongside hundreds of other managers, read every letter, and pull out what they bought and sold. Warren AI reads the whole archive for you.

View plans→
Share this fund