$40.3 Billion is the total value of Polen Capital Management's 100 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 10.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| AMZN | Sell | AMAZON COM INC | $5,506,952,373 | +18.8% | 42,244,188 | -5.9% | 13.65% | +11.7% |
| NFLX | Sell | NETFLIX INC | $2,910,764,188 | +21.1% | 6,608,014 | -5.0% | 7.22% | +13.9% |
| MSFT | Sell | MICROSOFT CORP | $2,528,169,427 | -5.1% | 7,424,001 | -19.7% | 6.27% | -10.8% |
| GOOG | Sell | ALPHABET INCcap stk cl c | $2,459,186,953 | +11.0% | 20,328,899 | -4.6% | 6.10% | +4.4% |
| NOW | Sell | SERVICENOW INC | $2,368,684,976 | +15.5% | 4,214,967 | -4.5% | 5.87% | +8.6% |
| ADBE | Sell | ADOBE SYSTEMS INCORPORATED | $2,264,776,395 | +21.2% | 4,631,539 | -4.5% | 5.62% | +13.9% |
| MA | Sell | MASTERCARD INCORPORATEDcl a | $1,959,769,481 | +4.5% | 4,982,887 | -3.4% | 4.86% | -1.7% |
| V | Sell | VISA INC | $1,865,766,973 | +2.6% | 7,856,523 | -2.6% | 4.63% | -3.5% |
| CRM | Sell | SALESFORCE INC | $1,671,593,626 | -20.4% | 7,912,495 | -24.7% | 4.14% | -25.2% |
| ACN | Sell | ACCENTURE PLC IRELAND | $1,592,429,203 | +4.2% | 5,160,507 | -3.5% | 3.95% | -2.0% |
| ABT | Sell | ABBOTT LABS | $1,511,219,321 | +4.7% | 13,861,854 | -2.7% | 3.75% | -1.5% |
| ABNB | Sell | AIRBNB INC | $1,480,823,412 | +0.0% | 11,554,490 | -2.9% | 3.67% | -6.0% |
| PYPL | Buy | PAYPAL HLDGS INC | $1,478,938,633 | +55.5% | 22,163,025 | +77.0% | 3.67% | +46.3% |
| UNH | Sell | UNITEDHEALTH GROUP INC | $1,276,711,346 | -0.4% | 2,656,274 | -2.1% | 3.16% | -6.4% |
| TMO | Sell | THERMO FISHER SCIENTIFIC INC | $1,168,015,294 | -10.8% | 2,238,649 | -1.4% | 2.90% | -16.1% |
| ADSK | Sell | AUTODESK INC | $1,121,367,271 | -31.5% | 5,480,511 | -30.3% | 2.78% | -35.6% |
| ILMN | Buy | ILLUMINA INC | $955,722,870 | -19.1% | 5,097,461 | +0.3% | 2.37% | -23.9% |
| ZTS | Sell | ZOETIS INCcl a | $929,575,390 | +0.9% | 5,397,918 | -2.5% | 2.30% | -5.1% |
| WDAY | New | WORKDAY INCcl a | $874,638,779 | – | 3,871,968 | +100.0% | 2.17% | – |
| NKE | Sell | NIKE INCcl b | $701,192,677 | -11.7% | 6,353,109 | -1.9% | 1.74% | -17.0% |
| IT | Sell | GARTNER INC | $684,104,758 | -22.4% | 1,952,855 | -27.9% | 1.70% | -27.1% |
| ALGN | Sell | ALIGN TECHNOLOGY INC | $559,485,633 | +3.3% | 1,582,077 | -2.4% | 1.39% | -2.9% |
| DOCU | Sell | DOCUSIGN INC | $432,937,358 | -12.4% | 8,474,014 | -0.1% | 1.07% | -17.7% |
| ICLR | Sell | ICON PLC | $366,798,511 | +15.5% | 1,466,021 | -1.4% | 0.91% | +8.6% |
| AON | Sell | AON PLC | $279,911,655 | +7.7% | 810,868 | -1.7% | 0.69% | +1.3% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $270,130,174 | +14.1% | 2,256,727 | -1.1% | 0.67% | +7.4% |
| SAP | Sell | SAP SEspon adr | $173,373,663 | +4.1% | 1,267,259 | -3.7% | 0.43% | -2.1% |
| ADP | Buy | AUTOMATIC DATA PROCESSING IN | $119,858,622 | +0.2% | 545,332 | +1.5% | 0.30% | -5.7% |
| MDT | Sell | MEDTRONIC PLC | $68,886,536 | +6.5% | 781,913 | -2.6% | 0.17% | 0.0% |
| GLOB | Buy | GLOBANT S A | $65,973,593 | +100.6% | 367,091 | +83.0% | 0.16% | +88.5% |
| MELI | Sell | MERCADOLIBRE INC | $57,317,469 | -14.2% | 48,386 | -4.5% | 0.14% | -19.3% |
| SHOP | Sell | SHOPIFY INCcl a | $50,814,612 | +29.7% | 786,604 | -3.8% | 0.13% | +22.3% |
| ASML | Sell | ASML HOLDING N V | $46,285,280 | +2.7% | 63,864 | -3.6% | 0.12% | -3.4% |
| UL | Sell | UNILEVER PLCspon adr new | $39,889,851 | -3.4% | 765,200 | -3.8% | 0.10% | -9.2% |
| IWF | Sell | ISHARES TRrus 1000 grw etf | $35,250,411 | +5.4% | 128,099 | -6.4% | 0.09% | -1.1% |
| HDB | Buy | HDFC BANK LTDsponsored ads | $32,176,124 | +62.9% | 461,637 | +55.8% | 0.08% | +53.8% |
| New | FORUM ENERGY TECHNOLOGIES INnote 9.000% 8/0 | $24,935,969 | – | 25,153,000 | +100.0% | 0.06% | – | |
| EL | Buy | LAUDER ESTEE COS INCcl a | $24,987,401 | -15.8% | 127,240 | +5.6% | 0.06% | -20.5% |
| TME | Sell | TENCENT MUSIC ENTMT GROUPspon ads | $23,589,484 | -16.4% | 3,196,407 | -6.2% | 0.06% | -21.6% |
| DLO | Buy | DLOCAL LTD | $20,608,155 | +41.5% | 1,688,501 | +88.0% | 0.05% | +34.2% |
| LVS | Buy | LAS VEGAS SANDS CORP | $19,365,794 | +4.0% | 333,893 | +3.0% | 0.05% | -2.0% |
| GSHD | Sell | GOOSEHEAD INS INC | $14,471,098 | -4.7% | 230,102 | -20.9% | 0.04% | -10.0% |
| FIVE | Sell | FIVE BELOW INC | $14,354,917 | -6.4% | 73,038 | -1.9% | 0.04% | -10.0% |
| ATHM | Sell | AUTOHOME INCsp ads rp cl a | $13,792,884 | -17.6% | 473,007 | -5.5% | 0.03% | -22.7% |
| EPAM | Buy | EPAM SYS INC | $13,144,504 | -1.5% | 58,485 | +31.1% | 0.03% | -5.7% |
| ALIT | Buy | ALIGHT INC | $12,715,321 | +84.7% | 1,376,117 | +84.1% | 0.03% | +77.8% |
| HLI | Sell | HOULIHAN LOKEY INCcl a | $12,868,020 | +6.9% | 130,892 | -4.9% | 0.03% | 0.0% |
| YUMC | New | YUM CHINA HLDGS INC | $12,455,482 | – | 220,451 | +100.0% | 0.03% | – |
| PGNY | Sell | PROGYNY INC | $10,916,111 | +17.0% | 277,481 | -4.4% | 0.03% | +8.0% |
| WING | Sell | WINGSTOP INC | $9,990,854 | +3.7% | 49,914 | -4.9% | 0.02% | 0.0% |
| FOXF | Sell | FOX FACTORY HLDG CORP | $9,943,859 | -15.1% | 91,640 | -5.1% | 0.02% | -19.4% |
| HLNE | Sell | HAMILTON LANE INCcl a | $9,313,519 | +2.9% | 116,448 | -4.8% | 0.02% | -4.2% |
| YETI | Buy | YETI HLDGS INC | $8,769,519 | +4.7% | 225,786 | +7.8% | 0.02% | 0.0% |
| EEFT | Sell | EURONET WORLDWIDE INC | $8,944,544 | +0.2% | 76,208 | -4.5% | 0.02% | -8.3% |
| QLYS | Sell | QUALYS INC | $7,745,664 | -4.5% | 59,965 | -3.8% | 0.02% | -9.5% |
| ALRM | Sell | ALARM COM HLDGS INC | $7,417,717 | -1.9% | 143,532 | -4.5% | 0.02% | -10.0% |
| Sell | CCC INTELLIGENT SOLUTIONS HL | $7,245,166 | +20.4% | 646,313 | -3.6% | 0.02% | +12.5% | |
| RVLV | Sell | REVOLVE GROUP INCcl a | $6,914,310 | -39.0% | 421,604 | -2.2% | 0.02% | -43.3% |
| APPF | Sell | APPFOLIO INC | $6,870,116 | -4.7% | 39,910 | -31.1% | 0.02% | -10.5% |
| DOCS | Sell | DOXIMITY INCcl a | $6,554,300 | +0.0% | 192,660 | -4.8% | 0.02% | -5.9% |
| BL | Sell | BLACKLINE INC | $6,332,416 | -22.9% | 117,659 | -3.7% | 0.02% | -27.3% |
| FSV | Sell | FIRSTSERVICE CORP NEW | $6,315,428 | +5.5% | 40,985 | -3.4% | 0.02% | 0.0% |
| RH | Sell | RH | $6,144,494 | +29.3% | 18,643 | -4.5% | 0.02% | +15.4% |
| BMBL | Sell | BUMBLE INC | $6,006,863 | -17.8% | 357,978 | -4.3% | 0.02% | -21.1% |
| DAVA | Sell | ENDAVA PLCads | $5,232,320 | -28.5% | 101,030 | -7.2% | 0.01% | -31.6% |
| TYL | Buy | TYLER TECHNOLOGIES INC | $5,230,863 | +19.4% | 12,560 | +1.7% | 0.01% | +8.3% |
| DT | Sell | DYNATRACE INC | $5,234,756 | -11.6% | 101,705 | -27.4% | 0.01% | -18.8% |
| ALTR | Sell | ALTAIR ENGR INC | $5,141,354 | +1.6% | 67,792 | -3.4% | 0.01% | 0.0% |
| PAYC | Sell | PAYCOM SOFTWARE INC | $5,134,058 | +5.1% | 15,982 | -0.6% | 0.01% | 0.0% |
| OLO | Sell | OLO INCcl a | $4,483,270 | -24.5% | 694,005 | -4.6% | 0.01% | -31.2% |
| Buy | DOCGO INC | $4,272,356 | +34.4% | 455,961 | +24.1% | 0.01% | +37.5% | |
| FND | Sell | FLOOR & DECOR HLDGS INCcl a | $4,584,636 | +0.6% | 44,100 | -5.0% | 0.01% | -8.3% |
| SITE | Sell | SITEONE LANDSCAPE SUPPLY INC | $4,016,377 | -6.7% | 23,998 | -23.7% | 0.01% | -9.1% |
| SITM | Buy | SITIME CORP | $4,150,601 | +36.2% | 35,184 | +64.2% | 0.01% | +25.0% |
| Sell | WARBY PARKER INC | $3,844,352 | +5.2% | 328,858 | -4.7% | 0.01% | 0.0% | |
| AMN | Sell | AMN HEALTHCARE SVCS INC | $3,649,210 | +26.9% | 33,442 | -3.5% | 0.01% | +12.5% |
| FTCH | Sell | FARFETCH LTDord sh cl a | $2,937,770 | +16.9% | 486,386 | -4.9% | 0.01% | 0.0% |
| KARO | Sell | KAROOOOO LTD | $2,847,242 | -3.8% | 121,677 | -4.6% | 0.01% | -12.5% |
| TTD | Sell | THE TRADE DESK INC | $2,712,353 | +14.6% | 35,125 | -9.6% | 0.01% | +16.7% |
| ACWI | Sell | ISHARES TRmsci acwi etf | $2,375,053 | -76.4% | 24,756 | -77.6% | 0.01% | -77.8% |
| CATH | Sell | GLOBAL X FDSs&p 500 catholic | $2,548,935 | -4.0% | 46,821 | -11.5% | 0.01% | -14.3% |
| LESL | New | LESLIES INC | $2,462,082 | – | 262,203 | +100.0% | 0.01% | – |
| HELE | Sell | HELEN OF TROY LTD | $2,426,573 | +9.3% | 22,464 | -3.7% | 0.01% | 0.0% |
| TREX | Sell | TREX CO INC | $1,912,385 | +21.7% | 29,170 | -9.7% | 0.01% | +25.0% |
| CPRT | Sell | COPART INC | $1,916,413 | -30.1% | 21,011 | -42.3% | 0.01% | -28.6% |
| SKIL | SKILLSOFT CORPcl a | $2,192,399 | -38.0% | 1,768,064 | 0.0% | 0.01% | -44.4% | |
| EVTC | EVERTEC INC | $1,624,203 | +9.1% | 44,100 | 0.0% | 0.00% | 0.0% | |
| ETSY | Sell | ETSY INC | $1,326,346 | -31.5% | 15,676 | -9.9% | 0.00% | -40.0% |
| MORN | New | MORNINGSTAR INC | $1,102,306 | – | 5,622 | +100.0% | 0.00% | – |
| CRL | Sell | CHARLES RIV LABS INTL INC | $1,041,789 | -5.6% | 4,955 | -9.4% | 0.00% | 0.0% |
| Sell | ASPEN TECHNOLOGY INC | $1,249,197 | -33.9% | 7,453 | -9.7% | 0.00% | -40.0% | |
| MPWR | Buy | MONOLITHIC PWR SYS INC | $1,331,127 | +102.1% | 2,464 | +87.2% | 0.00% | +50.0% |
| ACWX | Sell | ISHARES TRmsci acwi ex us | $917,383 | -78.4% | 18,638 | -78.6% | 0.00% | -81.8% |
| VUG | New | VANGUARD INDEX FDSgrowth etf | $794,547 | – | 2,808 | +100.0% | 0.00% | – |
| MKL | New | MARKEL GROUP INC | $612,749 | – | 443 | +100.0% | 0.00% | – |
| IWM | New | ISHARES TRrussell 2000 etf | $259,963 | – | 1,388 | +100.0% | 0.00% | – |
| TPIF | Sell | TIMOTHY PLANintl etf | $396,284 | -12.5% | 15,707 | -13.3% | 0.00% | 0.0% |
| TPLC | Sell | TIMOTHY PLANus lrgmd cp core | $523,268 | -4.7% | 14,545 | -8.7% | 0.00% | 0.0% |
| MYTE | Sell | MYT NETHERLANDS PARENT B Vads | $206,304 | -73.4% | 51,576 | -53.3% | 0.00% | -50.0% |
| FICO | Sell | FAIR ISAAC CORP | $496,046 | -72.3% | 613 | -76.0% | 0.00% | -80.0% |
| FB | Exit | META PLATFORMS INCcl a | $0 | – | -2,159 | -100.0% | -0.00% | – |
| FET | Exit | FORUM ENERGY TECHNOLOGIES IN | $0 | – | -150,393 | -100.0% | -0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-11
About Polen Capital Management
Polen Capital Management is a Florida-based investment management firm that was founded in 1989 by Dan Davidowitz and Stan Moss. The firm manages over $60 billion in assets for institutional and individual investors. Polen Capital Management is known for its active management style and its focus on high-quality growth companies.
The firm's investment philosophy is centered around the belief that high-quality companies with sustainable competitive advantages will outperform over the long term. Polen Capital Management's investment process involves rigorous fundamental analysis and a focus on companies with strong management teams, high returns on invested capital, and sustainable growth prospects.
The firm's investment team is led by a group of experienced professionals, including CEO and Chief Investment Officer, Damon Ficklin, who has been with the firm since 2003. Other key members of the team include COO, Jeff Mueller, and Senior Portfolio Manager, Daniel Davidowitz.
Polen Capital Management offers a range of investment strategies, including global, international, and U.S. equity strategies. The firm's clients include pension funds, endowments, foundations, and high net worth individuals.
Overall, Polen Capital Management has a strong reputation in the investment management industry, and its focus on high-quality growth companies has led to strong long-term performance for its clients.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| Visa Inc Cl A | 42 | Q3 2023 | 8.6% |
| ACCENTURE PLC IRELAND | 42 | Q3 2023 | 5.6% |
| Nike Inc Cl B | 42 | Q3 2023 | 8.4% |
| MASTERCARD INCORPORATED | 42 | Q3 2023 | 6.4% |
| GARTNER INC | 42 | Q3 2023 | 5.0% |
| Automatic Data Processing Inc | 41 | Q3 2023 | 6.5% |
| Ishares Tr Russell 1 | 41 | Q3 2023 | 1.6% |
| STARBUCKS CORP | 39 | Q4 2022 | 6.6% |
| ADOBE SYSTEMS INCORPORATED | 35 | Q3 2023 | 9.9% |
| META PLATFORMS INC | 34 | Q1 2023 | 8.8% |
View Polen Capital Management's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| GARTNER INC | February 10, 2023 | 2,750,755 | 3.5% |
| PULITZER INC | February 10, 2000 | ? | ? |
View Polen Capital Management's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 40-APP/A | 2024-03-08 |
| 13F-HR/A | 2024-02-20 |
| 13F-HR | 2024-02-13 |
| SC 13G | 2024-02-13 |
| SC 13G/A | 2024-01-18 |
| 13F-HR | 2023-11-13 |
| 13F-HR | 2023-08-11 |
| 13F-HR | 2023-05-11 |
| 13F-HR | 2023-02-13 |
| SC 13G/A | 2023-02-10 |
View Polen Capital Management's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.