Polen Capital Management 13F holdings, Q3 2005
Holdings as of September 30, 2005 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 19 US equity positions worth $2.0bn in its Q3 2005 13F filing. The largest position was MDT at 8.8% of the reported book, followed by AMGN and PEP. Against the Q2 2005 filing, it opened 1 new position, added to 3 and reduced 15 among the top 19 holdings.
What did Polen Capital Management own in Q3 2005? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2005 |
|---|---|---|---|---|---|---|---|
| 1 | MDT Medtronic Inc | Healthcare | 8.8% | $173.5m | 3,235,747 | -3% | reduced |
| 2 | AMGN Amgen Inc | Healthcare | 8.2% | $162.8m | 2,043,990 | -4% | reduced |
| 3 | PEP Pepsico Inc | Consumer Defensive | 7.3% | $145.0m | 2,556,722 | -3% | reduced |
| 4 | JNJ Johnson & Johnson | Healthcare | 6.8% | $134.2m | 2,121,359 | -3% | reduced |
| 5 | MSFT Microsoft Corp | Technology | 6.6% | $131.0m | 5,090,576 | -3% | reduced |
| 6 | AXP American Express | Financial Services | 6.5% | $127.8m | 2,225,787 | -3% | reduced |
| 7 | McGraw Hill | 6.4% | $126.1m | 2,624,224 | -32% | reduced | |
| 8 | CSCO Cisco Sys Inc | Technology | 6.0% | $119.3m | 6,654,699 | 91% | added |
| 9 | ORCL Oracle Corp | Technology | 5.5% | $107.9m | 8,703,790 | – | new |
| 10 | Dell Computer Corp | 5.3% | $105.6m | 3,088,365 | -3% | reduced | |
| 11 | MMM 3M Company | Industrials | 5.2% | $103.8m | 1,414,781 | -5% | reduced |
| 12 | UPS UPS | Industrials | 5.1% | $101.9m | 1,473,912 | -7% | reduced |
| 13 | Bed Bath & Beyond | 4.5% | $88.4m | 2,199,975 | 26% | added | |
| 14 | PFE Pfizer Inc | Healthcare | 4.4% | $87.8m | 3,518,241 | 41% | added |
| 15 | HSY The Hershey Company | Consumer Defensive | 4.3% | $84.8m | 1,505,168 | -30% | reduced |
| 16 | KO Coca-Cola CO | Consumer Defensive | 3.0% | $60.1m | 1,391,382 | -3% | reduced |
| 17 | HOG Harley-Davidson Inc | Consumer Cyclical | 3.0% | $59.7m | 1,232,346 | -5% | reduced |
| 18 | Bershire Hathaway B | 2.7% | $53.6m | 19,623 | -3% | reduced | |
| 19 | BRK/A Bershire Hathaway A | 0.3% | $6.7m | 82 | -5% | 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.