Jensen Strategy Sells Amphenol After 113% Rally, Cites High Valuation

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Jensen Quality Growth Equity Strategy liquidated its position in Amphenol Corporation after 2025 share rallies, citing elevated valuation despite AI-driven data center demand. Amphenol reported Q4 2025 sales of $6.439 billion, up 49% year-over-year, while its shares returned -8.6% over one month and gained 113.4% over 52 weeks.

1. Strategy Divestment

Jensen Quality Growth Equity Strategy liquidated its position in Amphenol, having trimmed shares throughout 2025 and fully exited due to elevated stock valuation after strong price gains.

2. Share Performance

Amphenol closed at $131.87 on March 6, 2026, delivered -8.55% over one month and 113.42% over the past 52 weeks, reflecting AI-driven data center demand.

3. Record Sales Growth

The company reported Q4 2025 sales of $6.439 billion, a 49% increase year over year, driven by demand for interconnect systems and broadband cable in data centers.

4. Hedge Fund Holdings

103 hedge funds held Amphenol shares at end of Q4 2025, up from 89 in the prior quarter, with the potential for reinstating positions if valuation trends improve.

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