Core Insights - Jensen Investment Management's fourth-quarter investor letter for the "Jensen Quality Growth Equity Strategy" indicates that the strategy underperformed the S&P 500 Index in Q4 2025, returning -0.55% compared to the Index's 2.66% [1] - The underperformance was primarily attributed to the Industrials sector and the outperformance of low-quality stocks, highlighting a current market trend favoring mega-cap technology [1] - The portfolio is strategically positioned to benefit from growth in AI and digital transformation while focusing on quality and durability for long-term shareholder returns [1] Company-Specific Insights - Accenture plc (NYSE:ACN), a professional services and technology services company, was highlighted in the investor letter, with its stock closing at $214.00 on March 05, 2026 [2] - Accenture's one-month return was -11.06%, and it experienced a significant decline of 37.46% over the past 52 weeks, with a market capitalization of $132.71 billion [2] - The Quality Growth Investment Team liquidated positions in Accenture plc during the fourth quarter of 2025, along with Amphenol and Zoetis [3]