0001171200-11-000678.txt : 20110804 0001171200-11-000678.hdr.sgml : 20110804 20110804144713 ACCESSION NUMBER: 0001171200-11-000678 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110804 DATE AS OF CHANGE: 20110804 EFFECTIVENESS DATE: 20110804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JENSEN INVESTMENT MANAGEMENT INC CENTRAL INDEX KEY: 0001106129 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03495 FILM NUMBER: 111010145 BUSINESS ADDRESS: STREET 1: 5300 MEADOWS ROAD STREET 2: SUITE 250 CITY: LAKE OSWEGO STATE: OR ZIP: 97035 BUSINESS PHONE: 5037264384 MAIL ADDRESS: STREET 1: 5300 MEADOWS ROAD STREET 2: SUITE 250 CITY: LAKE OSWEGO STATE: OR ZIP: 97035 13F-HR 1 i00345_jensen-13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: _____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Jensen Investment Management, Inc. Address: 5300 Meadows Road, Suite 250 Lake Oswego, OR 97035-8234 13F File Number: 28-03495 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Jennifer Ottosen Title: Chief Compliance Officer & Counsel Phone: (503) 726-4384 Signature, Place, and Date of Signing: /s/ Jennifer Ottosen August 3, 2011 ----------------------------- ----------------------------- Jennifer Ottosen Lake Oswego, OR Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: -0- ---------------- Form 13F Information Table Entry Total: 61 ---------------- Form 13F Information Table Value Total: $5,736,158 ---------------- (thousands) List of Other Included Managers: None ---------------- Jensen Investment Management, Inc. June 30, 2011

ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 Fair Market Number Value of Name of Issuer Title of Class Cusip # (thousands) Shares ----------------------- -------------- ------------ ----------- ----------- 3M Co COM 88579Y101 283,549 2,989,448 Abbott Labs Com COM 002824100 259,232 4,926,497 Accenture PLC Ireland COM G1151C101 470 7,790 Adobe Systems Inc COM 00724F101 268,035 8,522,592 Aeropostale Inc COM 007865108 365 20,910 Alliant Techsystems Inc COM 018804104 415 5,830 Amphenol Corp COM 032095101 158,964 2,944,338 Apollo Group Inc Cl A COM 037604105 466 10,680 Automatic Data Processing COM 053015103 178,156 3,381,867 Ball Corporation COM 058498106 306 7,970 Bard (C.R.) Inc COM 067383109 147,520 1,342,805 Becton Dickinson COM 075887109 218,451 2,535,122 Best Buy Company Inc COM 086516101 241 7,700 Bristol Myers Squibb Co Com COM 110122108 457 15,800 CH Robinson Worldwide COM 12541W209 100,402 1,273,493 Campbell Soup Co COM 134429109 450 13,050 Cigna Corp COM 125509109 483 9,410 Clorox Co COM 189054109 5,626 83,425 Coca-Cola Co COM 191216100 149,894 2,227,588 Cognizant Tech Solutions Corp COM 192446102 181,748 2,478,169 Colgate-Palmolive Co COM 194162103 170,226 1,947,449 Dell Inc COM 24702R101 451 27,100 Deluxe Corp COM 248019101 396 16,030 Eaton Vance COM 278265103 402 13,320 Ecolab Inc COM 278865100 99,204 1,759,567 Eli Lilly & Co COM 532457108 442 11,800 Emerson Electric Co COM 291011104 268,191 4,767,843 Equifax Inc COM 294429105 191,390 5,512,405 Exelon Corp COM 30161N101 442 10,340 Express Scripts Inc Cl A COM 302182100 399 7,410 Exxon Mobil Corp COM 30231G102 423 5,210 Federated Investors Inc. COM 314211103 399 16,760 Forest Labs COM 345838106 504 12,830 General Dynamics Corp COM 369550108 440 5,910 ITT Educational Svcs COM 45068B109 480 6,140 Johnson & Johnson COM 478160104 1,861 27,980 Kinetic Concepts Inc COM 49460W208 270 4,700 Kroger Co COM 501044101 447 18,040 Lexmark Intl Inc COM 529771107 412 14,110 Medtronic Inc COM 585055106 239,459 6,214,888 Microsoft Corp Com COM 594918104 259,105 9,965,593 Nike Inc Cl B COM 654106103 99,933 1,110,616 Nu Skin Enterprises COM 67018T105 381 10,170 Omnicom Group Inc COM 681919106 280,661 5,827,697 Oracle Corp COM 68389X105 215,359 6,543,899 Paychex Inc COM 704326107 131,159 4,269,520 Pepsico Inc COM 713448108 280,672 3,985,125 Praxair Inc COM 74005P104 229,100 2,113,665 Procter & Gamble Co COM 742718109 247,786 3,897,851 Quest Diagnostics Inc COM 74834L100 460 7,790 Radioshack COM 750438103 356 26,760 Stryker Corp COM 863667101 254,513 4,336,578 Sysco Corp COM 871829107 94,693 3,036,996 T Rowe Price Group Inc COM 74144T108 258,057 4,276,721 United Technologies Corp COM 913017109 286,392 3,235,710 Unitedhealth Group Inc COM 91324P102 450 8,740 Waddell & Reed Financial Inc COM 930059100 398 10,960 Wal Mart Stores Inc COM 931142103 426 8,030 Waters Corp COM 941848103 163,941 1,712,358 Westamerica Bancorporation COM 957090103 430 8,750 World Acceptance Corp COM 981419104 418 6,390 5,736,158 107,604,235 ========= ===========

ITEM 1 ITEM 6 ITEM 7 ITEM 8 Voting Authority Investment Other Sole Shared None Name of Issuer Discretion Managers (Shares) (Shares) (Shares) ----------------------- ---------- -------- ----------- ----------- -------- 3M Co Sole 2,801,698 187,750 Abbott Labs Com Sole 4,627,722 298,775 Accenture PLC Ireland Sole 7,790 Adobe Systems Inc Sole 7,998,792 523,800 Aeropostale Inc Sole 20,910 Alliant Techsystems Inc Sole 5,830 Amphenol Corp Sole 2,766,388 177,950 Apollo Group Inc Cl A Sole 10,680 Automatic Data Processing Sole 3,176,042 205,825 Ball Corporation Sole 7,970 Bard (C.R.) Inc Sole 1,259,305 83,500 Becton Dickinson Sole 2,402,682 132,440 Best Buy Company Inc Sole 7,700 Bristol Myers Squibb Co Com Sole 15,800 CH Robinson Worldwide Sole 1,192,323 81,170 Campbell Soup Co Sole 13,050 Cigna Corp Sole 9,410 Clorox Co Sole 81,925 1,500 Coca-Cola Co Sole 2,091,266 136,322 Cognizant Tech Solutions Corp Sole 2,335,829 142,340 Colgate-Palmolive Co Sole 1,824,927 122,522 Dell Inc Sole 27,100 Deluxe Corp Sole 16,030 Eaton Vance Sole 13,320 Ecolab Inc Sole 1,649,535 110,032 Eli Lilly & Co Sole 11,800 Emerson Electric Co Sole 4,477,986 289,857 Equifax Inc Sole 5,168,423 343,982 Exelon Corp Sole 10,340 Express Scripts Inc Cl A Sole 7,410 Exxon Mobil Corp Sole 5,210 Federated Investors Inc. Sole 16,760 Forest Labs Sole 12,830 General Dynamics Corp Sole 5,910 ITT Educational Svcs Sole 6,140 Johnson & Johnson Sole 26,980 1,000 Kinetic Concepts Inc Sole 4,700 Kroger Co Sole 18,040 Lexmark Intl Inc Sole 14,110 Medtronic Inc Sole 5,822,104 392,784 Microsoft Corp Com Sole 9,356,874 608,719 Nike Inc Cl B Sole 1,039,126 71,490 Nu Skin Enterprises Sole 10,170 Omnicom Group Inc Sole 5,470,618 357,079 Oracle Corp Sole 6,137,439 406,460 Paychex Inc Sole 4,001,580 267,940 Pepsico Inc Sole 3,743,422 241,703 Praxair Inc Sole 1,987,473 126,192 Procter & Gamble Co Sole 3,658,016 239,835 Quest Diagnostics Inc Sole 7,790 Radioshack Sole 26,760 Stryker Corp Sole 4,066,685 269,893 Sysco Corp Sole 2,840,389 196,607 T Rowe Price Group Inc Sole 4,026,658 250,063 United Technologies Corp Sole 3,027,624 208,086 Unitedhealth Group Inc Sole 8,740 Waddell & Reed Financial Inc Sole 10,960 Wal Mart Stores Inc Sole 8,030 Waters Corp Sole 1,606,148 106,210 Westamerica Bancorporation Sole 8,750 World Acceptance Corp Sole 6,390