Polen Capital Management 13F holdings, Q4 2005
Holdings as of December 31, 2005 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 20 US equity positions worth $1.8bn in its Q4 2005 13F filing. The largest position was MDT at 9.8% of the reported book, followed by AMGN and PEP. Against the Q3 2005 filing, it opened 1 new position, added to 0 and reduced 18 among the top 20 holdings.
What did Polen Capital Management own in Q4 2005? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2005 |
|---|---|---|---|---|---|---|---|
| 1 | MDT Medtronic Inc | Healthcare | 9.8% | $171.1m | 2,972,152 | -8% | reduced |
| 2 | AMGN Amgen Inc | Healthcare | 8.4% | $147.1m | 1,865,296 | -9% | reduced |
| 3 | PEP Pepsico Inc | Consumer Defensive | 7.9% | $138.6m | 2,345,780 | -8% | reduced |
| 4 | McGraw Hill | 7.1% | $124.4m | 2,408,519 | -8% | reduced | |
| 5 | MSFT Microsoft Corp | Technology | 7.0% | $122.1m | 4,669,896 | -8% | reduced |
| 6 | JNJ Johnson & Johnson | Healthcare | 6.7% | $116.5m | 1,939,233 | -9% | reduced |
| 7 | AXP American Express | Financial Services | 6.0% | $105.2m | 2,045,032 | -8% | reduced |
| 8 | CSCO Cisco Sys Inc | Technology | 5.9% | $103.0m | 5,998,121 | -10% | reduced |
| 9 | MMM 3M Company | Industrials | 5.7% | $99.7m | 1,286,296 | -9% | reduced |
| 10 | ORCL Oracle Corp | Technology | 5.5% | $95.9m | 7,853,645 | -10% | reduced |
| 11 | UPS UPS | Industrials | 5.3% | $92.4m | 1,228,940 | -17% | reduced |
| 12 | Dell Computer Corp | 4.5% | $78.2m | 2,609,535 | -16% | reduced | |
| 13 | HSY The Hershey Company | Consumer Defensive | 4.3% | $75.2m | 1,360,705 | -10% | reduced |
| 14 | Bed Bath & Beyond | 4.2% | $73.2m | 2,023,912 | -8% | reduced | |
| 15 | HOG Harley-Davidson Inc | Consumer Cyclical | 3.3% | $57.9m | 1,123,848 | -9% | reduced |
| 16 | Bershire Hathaway B | 3.0% | $52.5m | 17,877 | -9% | reduced | |
| 17 | KO Coca-Cola CO | Consumer Defensive | 2.9% | $50.8m | 1,259,238 | -9% | reduced |
| 18 | PFE Pfizer Inc | Healthcare | 2.2% | $39.3m | 1,686,076 | -52% | reduced |
| 19 | BRK/A Bershire Hathaway A | 0.4% | $7.3m | 82 | 0% | held | |
| 20 | AMP Ameriprise Financial | Financial Services | 0.1% | $1.1m | 26,062 | – | new |
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.