Polen Capital Management 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 56 US equity positions worth $14.1bn in its Q1 2018 13F filing. The largest position was ADBE at 9.9% of the reported book, followed by GOOG and MSFT. Against the Q4 2017 filing, it opened 1 new position, added to 45 and reduced 3 among the top 50 holdings.
What did Polen Capital Management own in Q1 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ADBE Adobe Sys Inc | Technology | 9.9% | $1.4bn | 6,461,486 | 2% | added |
| 2 | GOOG Alphabet Inc | Communication Services | 7.3% | $1.0bn | 990,728 | 2% | added |
| 3 | MSFT Microsoft Corp | Technology | 7.1% | $1.0bn | 11,012,266 | 52% | added |
| 4 | V Visa Inc | Financial Services | 7.0% | $990.5m | 8,280,586 | 2% | added |
| 5 | NKE Nike Inc | Consumer Cyclical | 6.1% | $865.3m | 13,024,429 | 2% | added |
| 6 | ADP Automatic Data Processing Inc | Technology | 5.7% | $801.4m | 7,062,453 | 2% | added |
| 7 | Accenture plc Ireland | 5.5% | $775.0m | 5,048,799 | 2% | added | |
| 8 | ZTS Zoetis Inc | Healthcare | 5.3% | $746.9m | 8,943,633 | 125% | added |
| 9 | ORCL Oracle Corp | Technology | 5.3% | $744.8m | 16,280,492 | 4% | added |
| 10 | SBUX Starbucks Corp | Consumer Cyclical | 5.0% | $708.0m | 12,229,797 | 3% | added |
| 11 | ORLY O Reilly Automotive Inc New | Consumer Cyclical | 4.9% | $689.3m | 2,786,484 | 4% | added |
| 12 | ALGN Align Technology Inc | Healthcare | 4.8% | $670.1m | 2,668,377 | 2% | added |
| 13 | IT Gartner Inc | Technology | 4.5% | $634.4m | 5,393,527 | 31% | added |
| 14 | DG Dollar Gen Corp New | Consumer Defensive | 4.5% | $632.1m | 6,756,945 | 36% | added |
| 15 | META Facebook Inc | Communication Services | 4.3% | $609.8m | 3,816,057 | -37% | reduced |
| 16 | REGN Regeneron Pharmaceuticals | Healthcare | 3.5% | $488.7m | 1,419,141 | 2% | added |
| 17 | BKNG Booking Hldgs Inc | Consumer Cyclical | 3.4% | $474.4m | 228,019 | – | new |
| 18 | MA Mastercard Incorporated | Financial Services | 3.0% | $416.4m | 2,377,053 | 1% | added |
| 19 | GOOGL Alphabet Inc | Communication Services | 2.5% | $355.3m | 342,555 | 0% | held |
| 20 | BABA Alibaba Group Hldg Ltd | Consumer Cyclical | 0.1% | $9.0m | 49,202 | 26% | added |
| 21 | ICLR Icon PLC | Healthcare | 0.1% | $7.1m | 59,927 | 31% | added |
| 22 | Ishares Tr | 0.0% | $5.8m | 42,770 | -57% | reduced | |
| 23 | Unilever PLC | 0.0% | $5.7m | 101,812 | 27% | added | |
| 24 | Check Point Software Tech LT | 0.0% | $5.3m | 53,154 | 26% | added | |
| 25 | SAP SAP SE | Technology | 0.0% | $5.1m | 48,028 | 27% | added |
| 26 | BIDU Baidu Inc | Communication Services | 0.0% | $4.7m | 20,853 | 31% | added |
| 27 | Relx NV | 0.0% | $4.1m | 197,838 | 27% | added | |
| 28 | MDT Medtronic PLC | Healthcare | 0.0% | $4.1m | 50,827 | 127% | added |
| 29 | NVO Novo-Nordisk A S | Healthcare | 0.0% | $1.1m | 22,433 | 20% | added |
| 30 | OLLI Ollies Bargain Outlt Hldgs I | Consumer Defensive | 0.0% | $712.0k | 11,802 | 42% | added |
| 31 | POOL Pool Corporation | Industrials | 0.0% | $707.0k | 4,835 | 42% | added |
| 32 | Cantel Medical Corp | 0.0% | $643.0k | 5,774 | 42% | added | |
| 33 | BLKB Blackbaud Inc | Technology | 0.0% | $563.0k | 5,530 | 43% | added |
| 34 | PAYC Paycom Software Inc | Technology | 0.0% | $525.0k | 4,889 | 42% | added |
| 35 | LFUS Littelfuse Inc | Technology | 0.0% | $463.0k | 2,225 | 42% | added |
| 36 | FOXF Fox Factory Hldg Corp | Consumer Cyclical | 0.0% | $458.0k | 13,121 | 43% | added |
| 37 | LOPE Grand Canyon Ed Inc | Consumer Defensive | 0.0% | $457.0k | 4,355 | 42% | added |
| 38 | STMP Stamps Com Inc | 0.0% | $451.0k | 2,245 | 42% | added | |
| 39 | TREX Trex Co Inc | Industrials | 0.0% | $423.0k | 3,888 | 42% | added |
| 40 | Medidata Solutions Inc | 0.0% | $415.0k | 6,607 | 42% | added | |
| 41 | HCSG Healthcare Svcs Grp Inc | Healthcare | 0.0% | $403.0k | 9,265 | 43% | added |
| 42 | MKTX Marketaxess Hldgs Inc | Financial Services | 0.0% | $403.0k | 1,852 | 42% | added |
| 43 | NEOG Neogen Corp | Healthcare | 0.0% | $386.0k | 5,763 | 90% | added |
| 44 | MPWR Monolithic Pwr Sys Inc | Technology | 0.0% | $370.0k | 3,191 | 42% | added |
| 45 | AMN AMN Healthcare Services Inc | Healthcare | 0.0% | $367.0k | 6,459 | 42% | added |
| 46 | TXRH Texas Roadhouse Inc | Consumer Cyclical | 0.0% | $342.0k | 5,915 | 42% | added |
| 47 | CELG Celgene Corp | 0.0% | $334.0k | 3,743 | -100% | reduced | |
| 48 | ALRM Alarm Com Hldgs Inc | Technology | 0.0% | $322.0k | 8,515 | 42% | added |
| 49 | TREE Lendingtree Inc New | Financial Services | 0.0% | $311.0k | 949 | 42% | added |
| 50 | EXLS ExlService Holdings Inc | Technology | 0.0% | $291.0k | 5,209 | 42% | added |
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.