In a recent quarterly disclosure, Jensen Investment Management reported a significant increase in its ownership of KLA Corporation (KLAC), a key supplier of process control equipment for the semiconductor industry. As of June 30, 2026, the firm held approximately 790,390 shares, a 377.20% increase from the previous quarter. This transaction, valued at an estimated $188.50 million, raised KLA to a 5.78% weight within Jensen's portfolio.
Investors should note that this information is from a delayed 13F filing, which discloses positions held at the end of the second quarter and does not reflect trading activity since that date. The move comes as KLA has reported strong results in 2026, driven by demand tied to artificial intelligence infrastructure. While Jensen has not publicly commented on its motive, the substantial increase indicates a heightened conviction in the semiconductor equipment manufacturer.