Polen Capital Management 13F holdings, Q1 2006
Holdings as of March 31, 2006 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 18 US equity positions worth $1.2bn in its Q1 2006 13F filing. The largest position was MDT at 8.6% of the reported book, followed by AMGN and McGraw Hill. Against the Q4 2005 filing, it opened 0 new positions, added to 0 and reduced 17 among the top 18 holdings.
What did Polen Capital Management own in Q1 2006? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2005 |
|---|---|---|---|---|---|---|---|
| 1 | MDT Medtronic Inc | Healthcare | 8.6% | $107.1m | 2,110,509 | -29% | reduced |
| 2 | AMGN Amgen Inc | Healthcare | 7.9% | $97.8m | 1,344,790 | -28% | reduced |
| 3 | McGraw Hill | 7.8% | $97.3m | 1,687,841 | -30% | reduced | |
| 4 | PEP Pepsico Inc | Consumer Defensive | 7.8% | $96.7m | 1,672,953 | -29% | reduced |
| 5 | CSCO Cisco Sys Inc | Technology | 7.6% | $94.7m | 4,367,996 | -27% | reduced |
| 6 | MSFT Microsoft Corp | Technology | 7.2% | $89.7m | 3,296,658 | -29% | reduced |
| 7 | UPS UPS | Industrials | 6.6% | $81.5m | 1,027,096 | -16% | reduced |
| 8 | ORCL Oracle Corp | Technology | 6.4% | $79.7m | 5,823,270 | -26% | reduced |
| 9 | AXP American Express | Financial Services | 6.1% | $75.7m | 1,440,142 | -30% | reduced |
| 10 | MMM 3M Company | Industrials | 5.9% | $73.0m | 964,059 | -25% | reduced |
| 11 | Dell Computer Corp | 4.8% | $60.2m | 2,021,633 | -23% | reduced | |
| 12 | JNJ Johnson & Johnson | Healthcare | 4.8% | $59.3m | 1,002,066 | -48% | reduced |
| 13 | Bed Bath & Beyond | 4.5% | $55.4m | 1,441,809 | -29% | reduced | |
| 14 | HSY The Hershey Company | Consumer Defensive | 4.0% | $50.2m | 961,313 | -29% | reduced |
| 15 | HOG Harley-Davidson Inc | Consumer Cyclical | 3.4% | $41.8m | 805,668 | -28% | reduced |
| 16 | KO Coca-Cola CO | Consumer Defensive | 3.2% | $39.8m | 951,242 | -24% | reduced |
| 17 | Bershire Hathaway B | 2.8% | $34.5m | 11,440 | -36% | reduced | |
| 18 | BRK/A Bershire Hathaway A | 0.6% | $7.4m | 82 | 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.