What smart money is saying about TJX Companies
3 funds in our archive have pitched TJX Companies — most recently Jensen Investment Management Quality Growth Equity Composite in June 2026.
The TJX Companies, Inc., alongside its various associated businesses, functions as a major discount retailer focusing on clothing and household decor. Its operations are organized into four primary divisions: Marmaxx, HomeGoods, TJX Canada, and TJX International. The enterprise markets an extensive selection of goods, including clothing for all family members (such as shoes and complementary items); a broad array of home furnishings and accessories (ranging from essential household goods, furniture, floor coverings, and lighting fixtures to gift items, soft textiles, decorative pieces, dining wares, and kitchen utensils), alongside growing departments for pet supplies, children's products, and gourmet foodstuffs. Jewelry, additional accessories, and various general merchandise are also available. By the close of February 23, 2022, TJX maintained a considerable retail network across several continents. In the United States, this footprint included 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense physical stores, complemented by online portals like tjmaxx.com, marshalls.com, and sierra.com. Its Canadian presence featured 293 Winners, 147 HomeSense, and 106 Marshalls outlets. European consumers could visit 618 T.K. Maxx and 77 Homesense locations, with an e-commerce option at tkmaxx.com. Furthermore, Australia hosted 68 T.K. Maxx establishments. Established in 1962, the firm's corporate headquarters are located in Framingham, Massachusetts.
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Position history
Between Q1 2025 and Q3 2026, 13 fund letters reported a position in TJX Companies — 8 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 4 | 2 | 0 | 0 |
| Q2 2026 | 8 | 6 | 0 | 3 |
| Q1 2025 | 1 | 0 | 0 | 0 |
Fund activity · 13 positions · 8 moves
- September 2026
“The largest detractors were ASML, TJX, underweights to Microsoft and Meta Platforms and not owning Palantir Technologies.”
TJX Companies - September 2026
“Another underperformer in August was discount retail group TJX Companies.”
TJX Companies - September 2026
“We were busy again this quarter. We bought TJX Companies and sold Copart. We increased our positions in Amazon and Hermès.”
TJX Companies - September 2026
“We also added to TJX Companies (TJX), Cintas Corporation (CTAS), and IDEXX Laboratories (IDXX), building up positions we initiated during the second quarter.”
TJX Companies - New positionFundsmith Equity FundJune 2026
“We began accumulating stakes in AppLovin, GE Vernova, Legrand, Mastercard, Netflix, Nextpower, Sage, The TJX Companies, TSMC, Uber, Veeva Systems, and Yum! Brands.”
TJX Companies - HoldsBretton FundJune 2026
Listed in Bretton Fund’s reported holdings.
TJX Companies - HoldsBretton FundJune 2026
Listed in Bretton Fund’s reported holdings.
TJX Companies - New positionJensen Global Quality Growth Equity CompositeJune 2026
“During the quarter, we initiated positions in two quality companies, TJX Companies (TJX) and Amphenol Corporation (APH).”
TJX Companies - New positionLiontrust Global Innovation FundJune 2026
Listed in Liontrust Global Innovation Fund’s reported holdings.
TJX Companies - New positionLiontrust Global Dividend FundJune 2026
Listed in Liontrust Global Dividend Fund’s reported holdings.
TJX Companies - New positionLiontrust GF Global Innovation FundJune 2026
Listed in Liontrust GF Global Innovation Fund’s reported holdings.
TJX Companies - New positionLiontrust GF Global Dividend FundJune 2026
Listed in Liontrust GF Global Dividend Fund’s reported holdings.
TJX Companies - March 2025
“Two newer positions also held up well: uniform and workplace products provider, Cintas, and off-price apparel retailer, TJX.”
TJX Companies
Also mentioned · 1
These funds discuss TJX Companies — as a competitor, benchmark or comparable — without disclosing a position in it.
- June 2026
“On an individual stock basis, the biggest detractors from returns included L3Harris Technologies, Autodesk and TJX Companies as well as not owning Astera Labs and Datadog.”
TJX Companies
Fund coverage · 3 theses
TJX Companies is a scale leader in off-price retail with resilient earnings, growth opportunities, and strong long-term free cash flow generation.
Read the full thesis- Fundsmith Equity FundJune 2026
TJX runs an off-price retail model with supply-chain agility, vendor relationships, and a hard-to-replicate shopping experience.
Read the full thesis TJX Companies is a new position selected for its resilient end markets, attractive reinvestment opportunities, compounding growth runway, and appealing quality-growth valuation.
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