Jensen Investment Management
Jensen Global Quality Growth Equity Composite
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 17 investment theses and positions in 20 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Jensen Investment Management for every strategy.
What it bought and sold
During the quarter, we initiated positions in two quality companies, TJX Companies (TJX) and Amphenol Corporation (APH).
We also harvested gains in Meta (META) and Microsoft (MSFT) following strong share-price appreciation and reallocated capital to more attractively priced opportunities.
We also exited Copart (CPRT), a position we’ve been decreasing over time due to deteriorating competitive advantages.
We also harvested gains in Meta (META) and Microsoft (MSFT) following strong share-price appreciation and reallocated capital to more attractively priced opportunities.
These changes included the full sale of Broadridge (BR) and Equifax (EFX).
These changes included the full sale of Broadridge (BR) and Equifax (EFX).
During the quarter, we initiated positions in two quality companies, TJX Companies (TJX) and Amphenol Corporation (APH).
Also held
Its investment theses
- Taiwan Semiconductor Manufacturing Co LtdJun 2026Taiwan 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.
- KLA CorpJun 2026KLA 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.
- Alphabet IncJun 2026Alphabet Inc is held for its high-quality exposure to AI infrastructure growth, durable market position, strong free cash flow, and secular upside.
- TJX CompaniesJun 2026TJX Companies is a new position selected for its resilient end markets, attractive reinvestment opportunities, compounding growth runway, and appealing quality-growth valuation.
- Amphenol CorporationJun 2026Amphenol Corporation is a new position chosen for resilient end markets, reinvestment opportunities, long-term compounding growth, and an attractive entry point.
- EquifaxJun 2026Equifax is described as an exited holding because rapid technological change increased uncertainty around its long-term competitive environment and moat.
- Microsoft CorpJun 2026Microsoft 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.
- Amazon.com IncJun 2026Amazon.com Inc is held for high-quality exposure to AI infrastructure expansion, supported by durable market positions and strong free cash flow.
- NVIDIA CorpJun 2026NVIDIA Corp is held as a core AI infrastructure beneficiary with durable market position, strong financial strength, and major secular growth potential.
- Aon PLCJun 2026Aon PLC is held as a high-conviction quality compounder with dominant leadership, pricing power, recurring revenue, and disciplined capital allocation.