Polen Capital Management 13F holdings, Q2 2003
Holdings as of June 30, 2003 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 18 US equity positions worth $1.2bn in its Q2 2003 13F filing. The largest position was MDT at 9.4% of the reported book, followed by MSFT and PFE. Against the Q1 2003 filing, it opened 0 new positions, added to 14 and reduced 3 among the top 18 holdings.
What did Polen Capital Management own in Q2 2003? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2003 |
|---|---|---|---|---|---|---|---|
| 1 | MDT Medtronic Inc | Healthcare | 9.4% | $109.4m | 2,280,904 | 9% | added |
| 2 | MSFT Microsoft Corp | Technology | 8.1% | $93.6m | 3,651,379 | 8% | added |
| 3 | PFE Pfizer Inc | Healthcare | 7.6% | $88.5m | 2,590,545 | 10% | added |
| 4 | HSY Hershey Foods | Consumer Defensive | 7.1% | $82.2m | 1,180,300 | 8% | added |
| 5 | McGraw Hill | 7.1% | $82.0m | 1,322,190 | -3% | reduced | |
| 6 | UPS UPS | Industrials | 6.9% | $80.1m | 1,257,188 | 8% | added |
| 7 | KO Coca-Cola CO | Consumer Defensive | 6.7% | $78.0m | 1,679,671 | 12% | added |
| 8 | Anheuser-Busch | 6.5% | $76.0m | 1,488,793 | 7% | added | |
| 9 | AXP American Express | Financial Services | 6.1% | $71.3m | 1,706,219 | 9% | added |
| 10 | Bershire Hathaway B | 6.1% | $70.8m | 29,117 | 9% | added | |
| 11 | PEP Pepsico Inc | Consumer Defensive | 5.8% | $67.5m | 1,516,132 | 58% | added |
| 12 | GD General Dynamics | Industrials | 5.5% | $63.6m | 876,700 | 7% | added |
| 13 | Minn Mng & Mfg | 4.9% | $57.0m | 442,098 | 10% | added | |
| 14 | AMGN Amgen Inc | Healthcare | 4.3% | $49.7m | 753,586 | -33% | reduced |
| 15 | Dell Computer Corp | 4.1% | $47.6m | 1,496,125 | 10% | added | |
| 16 | Reynolds & Reynolds | 3.0% | $34.3m | 1,199,402 | 3% | added | |
| 17 | BRK/A Bershire Hathaway A | 0.5% | $5.7m | 79 | 0% | held | |
| 18 | Hearst-Argyle | 0.3% | $3.6m | 139,350 | -1% | reduced |
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.