Polen Capital Management 13F holdings, Q1 2003
Holdings as of March 31, 2003 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 18 US equity positions worth $967.6m in its Q1 2003 13F filing. The largest position was MDT at 9.7% of the reported book, followed by MSFT and McGraw Hill. Against the Q4 2002 filing, it opened 0 new positions, added to 16 and reduced 1 among the top 18 holdings.
What did Polen Capital Management own in Q1 2003? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2002 |
|---|---|---|---|---|---|---|---|
| 1 | MDT Medtronic Inc | Healthcare | 9.7% | $94.3m | 2,090,756 | 15% | added |
| 2 | MSFT Microsoft Corp | Technology | 8.4% | $81.5m | 3,367,403 | 130% | added |
| 3 | McGraw Hill | 7.8% | $75.8m | 1,363,706 | 11% | added | |
| 4 | PFE Pfizer Inc | Healthcare | 7.6% | $73.4m | 2,356,471 | 14% | added |
| 5 | HSY Hershey Foods | Consumer Defensive | 7.0% | $68.2m | 1,088,260 | 17% | added |
| 6 | UPS UPS | Industrials | 6.9% | $66.5m | 1,167,089 | 12% | added |
| 7 | Anheuser-Busch | 6.7% | $64.9m | 1,391,571 | 11% | added | |
| 8 | AMGN Amgen Inc | Healthcare | 6.7% | $64.4m | 1,119,310 | -19% | reduced |
| 9 | KO Coca-Cola CO | Consumer Defensive | 6.3% | $60.9m | 1,504,774 | 17% | added |
| 10 | Bershire Hathaway B | 5.9% | $57.1m | 26,700 | 12% | added | |
| 11 | Minn Mng & Mfg | 5.4% | $52.4m | 403,125 | 18% | added | |
| 12 | AXP American Express | Financial Services | 5.4% | $52.0m | 1,566,297 | 16% | added |
| 13 | GD General Dynamics | Industrials | 4.7% | $45.1m | 818,130 | 16% | added |
| 14 | PEP Pepsico Inc | Consumer Defensive | 4.0% | $38.3m | 956,616 | 14% | added |
| 15 | Dell Computer Corp | 3.8% | $37.0m | 1,354,291 | 10% | added | |
| 16 | Reynolds & Reynolds | 2.9% | $27.9m | 1,167,089 | 21% | added | |
| 17 | BRK/A Bershire Hathaway A | 0.5% | $5.0m | 79 | 132% | added | |
| 18 | Hearst-Argyle | 0.3% | $2.9m | 140,105 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.