In a quarterly disclosure with the SEC, Jensen Investment Management reported a 13.55% reduction in its holdings of Amazon.com Inc. (AMZN) for the period ending June 30, 2026. The firm's stake decreased from 1.22 million to 1.05 million shares. It's important to note that these 13F filings are submitted to regulators with a delay and reflect portfolio changes from the previous quarter, not same-day trading activity.
Despite the sale of shares, the reported value of Jensen's Amazon position saw a smaller decrease, moving from $253.97 million to $251.24 million. Due to shifts in the overall portfolio, Amazon's weight within Jensen's investments actually increased from 5.01% to 6.09%. The filing did not include any commentary on the reasons for the trade. During the same period, Jensen also trimmed its positions in other major technology companies like Microsoft and Alphabet.