Polen Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 58 US equity positions worth $17.6bn in its Q3 2018 13F filing. The largest position was MSFT at 9.0% of the reported book, followed by V and GOOG. Against the Q2 2018 filing, it opened 2 new positions, added to 36 and reduced 5 among the top 50 holdings.
What did Polen Capital Management own in Q3 2018? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 9.0% | $1.6bn | 13,818,601 | 1% | added |
| 2 | V VISA INC | Financial Services | 7.2% | $1.3bn | 8,393,660 | 0% | held |
| 3 | GOOG ALPHABET INC | Communication Services | 6.9% | $1.2bn | 1,014,131 | 1% | added |
| 4 | NKE NIKE INC | Consumer Cyclical | 6.4% | $1.1bn | 13,185,175 | 0% | held |
| 5 | ADBE ADOBE SYS INC | Technology | 6.2% | $1.1bn | 4,042,284 | -27% | reduced |
| 6 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 6.1% | $1.1bn | 7,149,461 | 0% | held |
| 7 | SBUX STARBUCKS CORP | Consumer Cyclical | 5.8% | $1.0bn | 18,035,326 | 47% | added |
| 8 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 5.6% | $981.0m | 2,824,418 | -0% | held |
| 9 | ACCENTURE PLC IRELAND | 5.0% | $878.4m | 5,160,737 | 1% | added | |
| 10 | IT GARTNER INC | Technology | 5.0% | $870.6m | 5,492,634 | 0% | held |
| 11 | ZTS ZOETIS INC | Healthcare | 4.9% | $858.3m | 9,374,674 | 1% | added |
| 12 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 4.7% | $825.9m | 2,111,097 | -11% | reduced |
| 13 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 4.4% | $770.5m | 7,049,753 | 1% | added |
| 14 | NVDA NVIDIA CORP | Technology | 4.0% | $703.2m | 2,502,154 | – | new |
| 15 | ORCL ORACLE CORP | Technology | 3.7% | $653.1m | 12,666,244 | -22% | reduced |
| 16 | META FACEBOOK INC | Communication Services | 3.7% | $642.8m | 3,908,313 | 1% | added |
| 17 | REGN REGENERON PHARMACEUTICALS | Healthcare | 3.4% | $601.4m | 1,488,492 | 0% | held |
| 18 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 2.7% | $469.8m | 236,804 | 2% | added |
| 19 | GOOGL ALPHABET INC | Communication Services | 2.4% | $417.3m | 345,670 | 0% | held |
| 20 | MA MASTERCARD INCORPORATED | Financial Services | 2.3% | $402.7m | 1,809,014 | -25% | reduced |
| 21 | MEDIDATA SOLUTIONS INC | 0.3% | $45.2m | 616,652 | 8219% | added | |
| 22 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.1% | $12.8m | 77,766 | 45% | added |
| 23 | ICLR ICON PLC | Healthcare | 0.1% | $12.7m | 82,500 | 26% | added |
| 24 | SAP SAP SE | Technology | 0.0% | $8.8m | 71,300 | 14% | added |
| 25 | BIDU BAIDU INC | Communication Services | 0.0% | $7.4m | 32,399 | 43% | added |
| 26 | MDT MEDTRONIC PLC | Healthcare | 0.0% | $6.9m | 70,005 | 27% | added |
| 27 | UNILEVER PLC | 0.0% | $6.7m | 122,458 | 20% | added | |
| 28 | CHECK POINT SOFTWARE TECH LT | 0.0% | $5.3m | 45,015 | 27% | added | |
| 29 | RELX RELX PLC | Industrials | 0.0% | $5.0m | 237,947 | – | new |
| 30 | ISHARES TR | 0.0% | $4.5m | 28,655 | 17% | added | |
| 31 | NVO NOVO-NORDISK A S | Healthcare | 0.0% | $1.2m | 25,750 | 5% | added |
| 32 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.0% | $1.1m | 16,069 | 9% | added |
| 33 | POOL POOL CORPORATION | Industrials | 0.0% | $987.0k | 5,916 | 9% | added |
| 34 | PAYC PAYCOM SOFTWARE INC | Technology | 0.0% | $930.0k | 5,981 | 9% | added |
| 35 | OLLI OLLIES BARGAIN OUTLT HLDGS I | Consumer Defensive | 0.0% | $856.0k | 8,903 | 9% | added |
| 36 | TREX TREX CO INC | Industrials | 0.0% | $732.0k | 9,514 | 9% | added |
| 37 | BLKB BLACKBAUD INC | Technology | 0.0% | $687.0k | 6,771 | 9% | added |
| 38 | CANTEL MEDICAL CORP | 0.0% | $650.0k | 7,070 | 9% | added | |
| 39 | NUTRI SYS INC NEW | 0.0% | $642.0k | 17,323 | 9% | added | |
| 40 | STMP STAMPS COM INC | 0.0% | $622.0k | 2,749 | 9% | added | |
| 41 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.0% | $618.0k | 4,755 | -7% | reduced |
| 42 | LOPE GRAND CANYON ED INC | Consumer Defensive | 0.0% | $601.0k | 5,332 | 9% | added |
| 43 | ALRM ALARM COM HLDGS INC | Technology | 0.0% | $598.0k | 10,412 | 9% | added |
| 44 | LFUS LITTELFUSE INC | Technology | 0.0% | $539.0k | 2,724 | 9% | added |
| 45 | LMAT LEMAITRE VASCULAR INC | Healthcare | 0.0% | $511.0k | 13,183 | 34% | added |
| 46 | GLOB GLOBANT S A | Technology | 0.0% | $507.0k | 8,593 | 9% | added |
| 47 | NEOG NEOGEN CORP | Healthcare | 0.0% | $504.0k | 7,051 | 9% | added |
| 48 | TXRH TEXAS ROADHOUSE INC | Consumer Cyclical | 0.0% | $501.0k | 7,235 | 9% | added |
| 49 | MPWR MONOLITHIC PWR SYS INC | Technology | 0.0% | $490.0k | 3,903 | 9% | added |
| 50 | MASI* MASIMO CORP | 0.0% | $482.0k | 3,874 | 9% | 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.