Allen Bond, Jensen Investment Management

Portfolio USD 4,125,084,000 across 83 positions as of 2026 Q2; history from 2018 Q3. Source: quarterly 13F filings via dataroma.com.

Positions, 2026 Q2

• GOOGL Alphabet Inc.: 6.9% of portfolio, USD 284,859,000, reduce -44.99%
• MSFT Microsoft Corp.: 6.7% of portfolio, USD 274,969,000, reduce -37.05%
• AMZN Amazon.com Inc.: 6.1% of portfolio, USD 251,243,000, reduce -13.55%
• AAPL Apple Inc.: 6.0% of portfolio, USD 249,130,000, reduce -46.05%
• NVDA NVIDIA Corp.: 5.8% of portfolio, USD 239,605,000, reduce -26.63%
• KLAC KLA Corp.: 5.8% of portfolio, USD 238,469,000, reduce -52.28%
• SYK Stryker Corp.: 4.5% of portfolio, USD 185,652,000, reduce -15.32%
• SHW Sherwin-Williams: 4.5% of portfolio, USD 185,601,000, reduce -13.93%
• LLY Eli Lilly & Co.: 4.5% of portfolio, USD 184,394,000, reduce -33.35%
• MA Mastercard Inc.: 4.3% of portfolio, USD 178,586,000, reduce -29.17%
• MRSH Marsh: 4.0% of portfolio, USD 164,154,000, reduce -14.45%
• AVGO Broadcom Inc.: 3.6% of portfolio, USD 148,109,000, reduce -12.02%
• WM Waste Management Inc.: 3.4% of portfolio, USD 140,649,000, reduce -3.11%
• PG Procter & Gamble: 3.1% of portfolio, USD 126,175,000, reduce -13.73%
• CDNS Cadence Design Systems: 2.8% of portfolio, USD 115,807,000, reduce -39%
• MSI Motorola Solutions Inc.: 2.8% of portfolio, USD 115,750,000, add +64.45%
• APH Amphenol Corp.: 2.6% of portfolio, USD 108,377,000, add +172.74%
• ABT Abbott Labs: 2.0% of portfolio, USD 80,329,000, reduce -40.43%
• VEEV Veeva Systems Inc.: 1.9% of portfolio, USD 79,771,000, reduce -20.65%
• TJX TJX Companies Inc.: 1.9% of portfolio, USD 76,232,000, add +2072.63%
• VRSK Verisk Analytics Inc.: 1.7% of portfolio, USD 68,065,000, reduce -21.26%
• META Meta Platforms Inc.: 1.5% of portfolio, USD 61,656,000, reduce -67.92%
• MCD McDonald's Corp.: 1.5% of portfolio, USD 60,974,000, reduce -18.35%
• EFX Equifax Inc.: 1.4% of portfolio, USD 58,814,000, reduce -52.68%
• CTAS Cintas Corp.: 1.4% of portfolio, USD 56,744,000, new
• IDXX IDEXX Laboratories: 1.4% of portfolio, USD 55,649,000, add +2861.04%
• BR Broadridge Financial Solutions: 1.3% of portfolio, USD 52,058,000, reduce -55.58%
• CPRT Copart Inc.: 0.9% of portfolio, USD 35,059,000, reduce -22.44%
• ADP Automatic Data Processing Inc.: 0.5% of portfolio, USD 18,474,000, reduce -21.36%
• ORCL Oracle Corp.: 0.4% of portfolio, USD 17,351,000, reduce -1.98%
• ECL Ecolab Inc.: 0.4% of portfolio, USD 16,281,000, reduce -0.72%
• JGRW Jensen Quality Growth ETF: 0.4% of portfolio, USD 14,777,000, reduce -5.2%
• WAT Waters Corp.: 0.4% of portfolio, USD 14,464,000, reduce -0.52%
• PEP PepsiCo Inc.: 0.3% of portfolio, USD 10,822,000, reduce -1.73%
• CL Colgate-Palmolive: 0.3% of portfolio, USD 10,564,000, reduce -2.88%
• EMR Emerson Electric: 0.3% of portfolio, USD 10,549,000, reduce -1.07%
• KO Coca Cola Co.: 0.2% of portfolio, USD 9,075,000, add +0.02%
• AON Aon Plc: 0.2% of portfolio, USD 8,554,000, add +0.86%
• TSM Taiwan Semiconductor S.A.: 0.2% of portfolio, USD 7,586,000, reduce -3.31%
• ADBE Adobe Inc.: 0.2% of portfolio, USD 6,877,000, reduce -0.85%
• ACN Accenture: 0.2% of portfolio, USD 6,500,000, reduce -10.44%
• CCK Crown Holdings: 0.1% of portfolio, USD 5,880,000, reduce -7.59%
• CLX Clorox Co.: 0.1% of portfolio, USD 4,563,000, add +3.55%
• LH Labcorp Holdings Inc.: 0.1% of portfolio, USD 4,494,000, reduce -13.15%
• MMM 3M Co.: 0.1% of portfolio, USD 4,472,000, reduce -0.04%
• CTSH Cognizant Technology Solutions: 0.1% of portfolio, USD 4,023,000, reduce -2.4%
• EHC Encompass Health Corp.: 0.1% of portfolio, USD 3,968,000, reduce -22.5%
• GWW W.W. Grainger Inc.: 0.1% of portfolio, USD 3,717,000, reduce -12.99%
• TROW T. Rowe Price Group: 0.1% of portfolio, USD 3,632,000, hold
• ROST Ross Stores Inc.: 0.1% of portfolio, USD 3,591,000, reduce -23.39%
• MSCI MSCI Inc.: 0.1% of portfolio, USD 3,590,000, reduce -17.29%
• KR Kroger Co.: 0.1% of portfolio, USD 3,465,000, reduce -5.85%
• RTX RTX Corp.: 0.1% of portfolio, USD 3,337,000, reduce -0.12%
• KEYS Keysight Technologies Inc.: 0.1% of portfolio, USD 3,195,000, reduce -46.19%
• LEVI Levi Strauss & Co.: 0.1% of portfolio, USD 3,181,000, reduce -8.12%
• FFIV F5 Networks: 0.1% of portfolio, USD 3,107,000, reduce -43.92%
• CHD Church & Dwight: 0.1% of portfolio, USD 3,075,000, reduce -8.13%
• NKE NIKE Inc.: 0.1% of portfolio, USD 2,929,000, reduce -4.78%
• TSCO Tractor Supply: 0.1% of portfolio, USD 2,840,000, reduce -8.12%
• ABBV AbbVie Inc.: 0.1% of portfolio, USD 2,784,000, reduce -0.72%
• GNTX Gentex Corp.: 0.1% of portfolio, USD 2,741,000, reduce -18.77%
• JNJ Johnson & Johnson: 0.1% of portfolio, USD 2,234,000, reduce -9.93%
• URI United Rentals: 0.1% of portfolio, USD 2,155,000, reduce -12.39%
• TTC Toro Co.: 0.1% of portfolio, USD 2,087,000, reduce -8.11%
• G Genpact Ltd.: 0.1% of portfolio, USD 2,026,000, reduce -20.79%
• INTU Intuit Inc.: 0.1% of portfolio, USD 1,964,000, reduce -92.73%
• APD Air Products & Chemicals: <0.1% of portfolio, USD 1,610,000, reduce -28.64%
• OMC Omnicom Group: <0.1% of portfolio, USD 1,606,000, hold
• NDSN Nordson Corp.: <0.1% of portfolio, USD 1,315,000, reduce -37.63%
• DCI Donaldson Co.: <0.1% of portfolio, USD 1,211,000, reduce -41.93%
• DOX Amdocs Ltd.: <0.1% of portfolio, USD 1,095,000, add +21.55%
• RACE Ferrari NV: <0.1% of portfolio, USD 998,000, hold
• FICO Fair Isaac Corp.: <0.1% of portfolio, USD 884,000, reduce -40.8%
• BAH Booz Allen Hamilton Hldg Corp.: <0.1% of portfolio, USD 772,000, reduce -8.09%
• LIN Linde plc: <0.1% of portfolio, USD 669,000, hold
• MANH Manhattan Associates: <0.1% of portfolio, USD 565,000, reduce -8.14%
• CPB Campbell's Co.: <0.1% of portfolio, USD 484,000, reduce -30.82%
• GIS General Mills: <0.1% of portfolio, USD 437,000, reduce -29.69%
• TXN Texas Instruments: <0.1% of portfolio, USD 372,000, reduce -10.86%
• UNH United Health Group Inc.: <0.1% of portfolio, USD 357,000, reduce -42.39%
• GPC Genuine Parts: <0.1% of portfolio, USD 315,000, hold
• BDX Becton Dickinson: <0.1% of portfolio, USD 309,000, reduce -4.67%
• HD Home Depot: <0.1% of portfolio, USD 281,000, reduce -45.49%

Portfolio value, all published quarters

• 2018 Q3: USD 8,014,110,258
• 2018 Q4: USD 7,073,866,865
• 2019 Q1: USD 8,404,533,536
• 2019 Q2: USD 8,766,357,807
• 2019 Q3: USD 9,359,604,108
• 2019 Q4: USD 10,084,514,712
• 2020 Q1: USD 8,928,056,533
• 2020 Q2: USD 10,447,501,798
• 2020 Q3: USD 11,292,130,048
• 2020 Q4: USD 12,070,143,542
• 2021 Q1: USD 12,500,074,075
• 2021 Q2: USD 13,235,725,825
• 2021 Q3: USD 12,624,832,666
• 2021 Q4: USD 14,229,488,550
• 2022 Q1: USD 13,403,768,876
• 2022 Q2: USD 12,076,568,811
• 2022 Q3: USD 11,479,498,259
• 2022 Q4: USD 12,788,153,926
• 2023 Q1: USD 12,688,837,270
• 2023 Q2: USD 13,625,631,661
• 2023 Q3: USD 12,651,722,674
• 2023 Q4: USD 13,196,737,010
• 2024 Q1: USD 13,092,993,894
• 2024 Q2: USD 12,219,267,226
• 2024 Q3: USD 11,962,351,285
• 2024 Q4: USD 11,043,186,522
• 2025 Q1: USD 9,038,818,551
• 2025 Q2: USD 8,534,021,025
• 2025 Q3: USD 8,058,333,321
• 2025 Q4: USD 6,352,971,437
• 2026 Q1: USD 5,070,964,597
• 2026 Q2: USD 4,125,084,000