Polen Capital Management 13F, Q2 2024
Polen Capital · quarter ending 30 June 2024 · filed 12 August 2024 · SEC CIK 1034524
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2024
The 25 largest of 110 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2024 filing.
| Company | Ticker | Value | % of book | vs Q1 2024 |
|---|---|---|---|---|
| AMAZON COM INC | AMZN | $5.72B | 14.4% | -14% shares |
| MICROSOFT CORP | MSFT | $4.02B | 10.1% | -7% shares |
| ALPHABET INC | GOOG | $3.06B | 7.7% | -8% shares |
| VISA INC | V | $2.10B | 5.3% | -5% shares |
| SERVICENOW INC | NOW | $1.95B | 4.9% | -7% shares |
| MASTERCARD INCORPORATED | MA | $1.87B | 4.7% | -5% shares |
| SALESFORCE INC | CRM | $1.73B | 4.3% | -4% shares |
| THERMO FISHER SCIENTIFIC INC | TMO | $1.72B | 4.3% | -5% shares |
| ABBOTT LABS | ABT | $1.59B | 4.0% | -5% shares |
| AIRBNB INC | ABNB | $1.54B | 3.9% | -5% shares |
| ADOBE INC | ADBE | $1.48B | 3.7% | -6% shares |
| NETFLIX INC | NFLX | $1.43B | 3.6% | -45% shares |
| ACCENTURE PLC IRELAND | $1.31B | 3.3% | -6% shares | |
| ZOETIS INC | ZTS | $1.22B | 3.1% | unchanged |
| UNITEDHEALTH GROUP INC | UNH | $1.15B | 2.9% | -6% shares |
| NOVO-NORDISK A S | NVO | $1.06B | 2.7% | -4% shares |
| SHOPIFY INC | SHOP | $972.41M | 2.4% | +1672% shares |
| MSCI INC | MSCI | $795.10M | 2.0% | +1113% shares |
| WORKDAY INC | WDAY | $766.57M | 1.9% | -7% shares |
| GARTNER INC | IT | $741.30M | 1.9% | -6% shares |
| NIKE INC | NKE | $675.88M | 1.7% | -5% shares |
| ELI LILLY & CO | LLY | $495.30M | 1.2% | -7% shares |
| ALPHABET INC | GOOGL | $381.49M | 1.0% | unchanged |
| ICON PLC | $340.13M | 0.8% | unchanged | |
| PAYCOM SOFTWARE INC | PAYC | $319.86M | 0.8% | +47% shares |
What changed since Q1 2024
Against the Q1 2024 filing, Polen Capital Management opened 12 new positions, added to 19, trimmed 66, left 13 unchanged and exited 6. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 4 more
Exited
- FORUM ENERGY TECHNOLOGIES INwas $23.63M
- WINGwas $4.99M
- XPELwas $2.73M
- HELEN OF TROY LTDwas $2.26M
- BMBLwas $1.12M
- KAROOOOO LTDwas $231.8K
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-24-003233, filed by POLEN CAPITAL MANAGEMENT LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.