Jensen Investment Management
Jensen Quality Growth Equity Composite
Mega-cap Quality
Dec 2025 → Jun 2026
Our archive holds 2 letters from this strategy, behind 21 investment theses and positions in 23 companies. Every quote below is copied verbatim from the letter it came from.
2 letters in 2 years — follow all of Jensen Investment Management for every strategy.
What it bought and sold
These changes included the full sale of Intuit (INTU) and a meaningful reduction in Broadridge (BR) and Equifax (EFX).
These changes included the full sale of Intuit (INTU) and a meaningful reduction in Broadridge (BR) and Equifax (EFX).
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.
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.
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.
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.
Also held
Its investment theses
- Amphenol CorporationJun 2026Amphenol Corporation has a strong competitive position in interconnect and sensor markets, with growth driven by AI, cloud, EVs, and industrial automation.
- Cintas CorporationJun 2026Cintas Corporation benefits from scale, strong retention, high returns on capital, and an attractive long-term compounding profile.
- IDEXX LaboratoriesJun 2026IDEXX Laboratories has durable competitive advantages, high recurring revenue, and strong long-term compounding potential.
- TJX CompaniesJun 2026TJX Companies is a scale leader in off-price retail with resilient earnings, growth opportunities, and strong long-term free cash flow generation.
- StrykerJun 2026Stryker is part of a high-conviction group of quality compounders with market leadership, pricing power, and recurring revenue.
- MastercardJun 2026Mastercard is described as a high-conviction quality compounder with dominant positioning, pricing power, and recurring revenue.
- MarshJun 2026Marsh is presented as a high-conviction quality compounder with durable leadership, pricing power, and recurring revenue.
- Sherwin-WilliamsJun 2026Sherwin-Williams is included among high-conviction quality compounders with dominant market positions and recurring revenue.
- AlphabetJun 2026Alphabet is seen as a high-quality AI beneficiary with durable market position, strong financial strength, and secular growth exposure.
- MicrosoftJun 2026Microsoft is positioned as a high-quality AI infrastructure beneficiary with strong market position and free cash flow.