The Jensen Investment Team sold portfolio holding Zoetis (ZTS) from the Quality Growth Strategy due to a constrained outlook for its short- and long-term growth.

The Jensen Investment Team sold portfolio holding Accenture (ACN) from the Quality Growth Strategy and allocated sale proceeds toward more attractive opportunities.

The Jensen Investment Team added Amazon.com (AMZN) to the Quality Growth Strategy due its competitive-advantage trajectory, recent valuation, and risk profile.

The Jensen Investment Team added Broadcom (AVGO) to the Quality Growth Strategy due its improved visibility and strong business fundamentals.

The Jensen Investment Team added Motorola Solutions (MSI) to the Quality Growth Strategy due primarily to its stock valuation, business fundamentals, and competitive advantages.

AI beneficiaries now dominate the S&P 500, with the top 10 stocks exceeding 40% of index weight. Jensen explores the market context, parallels to prior concentration periods and how quality firms adapt.

Stock market concentration has played a pivotal role in the bull market that commenced in early 2023. However, this period of lopsided S&P 500 Index returns is not unprecedented in recent history.

The Jensen Investment Team sold portfolio holding Amphenol (APH) from the Quality Growth Strategy due to its elevated share price.

The Jensen Investment Team added Veeva Systems Inc. to the Quality Growth Strategy due to its fundamental attributes, stock valuation, and risk characteristics.

The Jensen Investment Team sold portfolio holding Home Depot (HD) from the Quality Growth Strategy due to its elevated valuation.

Jannis brings a deep global perspective and sector knowledge to Jensen’s Global Quality Growth Investment Team.

Market volatility is rising. Factor trends show a shift from growth and momentum to value, cash flow and quality. Read our full analysis.

Read our analysis on how Jensen portfolio companies are positioned to navigate the evolving tariff landscape. For most of our holdings, tariffs represent a manageable business challenge rather than an existential threat. Read our full analysis

We are pleased to welcome Holly Campbell, Crista DesRochers and Alisa Millerd as the most recent additions to the firm’s ownership.

Experienced portfolio manager, Jeff Wilson, expands his role in strengthening Jensen’s long-term investment strategies.