Polen Capital Management 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 62 US equity positions worth $25.4bn in its Q4 2019 13F filing. The largest position was MSFT at 9.7% of the reported book, followed by V and GOOG. Against the Q3 2019 filing, it opened 4 new positions, added to 42 and reduced 4 among the top 50 holdings.
What did Polen Capital Management own in Q4 2019? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 9.7% | $2.5bn | 15,599,767 | -4% | reduced |
| 2 | V VISA INC | Financial Services | 7.5% | $1.9bn | 10,160,598 | 3% | added |
| 3 | GOOG ALPHABET INC | Communication Services | 7.4% | $1.9bn | 1,408,389 | 3% | added |
| 4 | META FACEBOOK INC | Communication Services | 7.2% | $1.8bn | 8,959,606 | -9% | reduced |
| 5 | ADBE ADOBE INC | Technology | 6.4% | $1.6bn | 4,953,887 | 3% | added |
| 6 | ZTS ZOETIS INC | Healthcare | 5.6% | $1.4bn | 10,826,159 | 3% | added |
| 7 | MA MASTERCARD INC | Financial Services | 5.6% | $1.4bn | 4,722,849 | 3% | added |
| 8 | ACCENTURE PLC IRELAND | 5.2% | $1.3bn | 6,290,843 | 3% | added | |
| 9 | NKE NIKE INC | Consumer Cyclical | 4.3% | $1.1bn | 10,881,540 | 3% | added |
| 10 | ORLY O REILLY AUTOMOTIVE INC NEW | Consumer Cyclical | 4.0% | $1.0bn | 2,328,629 | 3% | added |
| 11 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 3.9% | $1.0bn | 6,416,730 | 3% | added |
| 12 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 3.4% | $861.3m | 5,051,703 | 4% | added |
| 13 | PYPL PAYPAL HLDGS INC | Financial Services | 3.3% | $831.9m | 7,690,677 | 3% | added |
| 14 | IT GARTNER INC | Technology | 3.2% | $821.2m | 5,328,987 | 3% | added |
| 15 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 3.1% | $788.8m | 2,826,782 | 2% | added |
| 16 | ABT ABBOTT LABS | Healthcare | 3.1% | $775.2m | 8,924,157 | 7237% | added |
| 17 | SBUX STARBUCKS CORP | Consumer Cyclical | 2.6% | $666.6m | 7,582,198 | 4% | added |
| 18 | REGN REGENERON PHARMACEUTICALS | Healthcare | 2.5% | $629.4m | 1,676,294 | 2% | added |
| 19 | BKNG BOOKING HLDGS INC | Consumer Cyclical | 2.2% | $548.8m | 267,214 | 2% | added |
| 20 | NOW SERVICENOW INC | Technology | 2.2% | $547.8m | 1,940,426 | – | new |
| 21 | MSCI MSCI INC | Financial Services | 2.1% | $545.5m | 2,112,980 | 2% | added |
| 22 | GOOGL ALPHABET INC | Communication Services | 2.1% | $541.3m | 404,133 | 1% | added |
| 23 | CRM SALESFORCE COM INC | Technology | 2.0% | $501.2m | 3,081,772 | – | new |
| 24 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.3% | $84.1m | 396,478 | 36% | added |
| 25 | ICLR ICON PLC | Healthcare | 0.2% | $44.8m | 260,128 | 16% | added |
| 26 | SAP SAP SE | Technology | 0.1% | $37.2m | 277,326 | 20% | added |
| 27 | MDT MEDTRONIC PLC | Healthcare | 0.1% | $34.2m | 301,831 | 38% | added |
| 28 | UNILEVER PLC | 0.1% | $21.5m | 376,895 | 18% | added | |
| 29 | RELX RELX PLC | Industrials | 0.1% | $18.5m | 732,845 | 18% | added |
| 30 | CHECK POINT SOFTWARE TECH LT | 0.1% | $15.7m | 141,869 | 16% | added | |
| 31 | ORCL ORACLE CORP | Technology | 0.0% | $11.3m | 212,583 | -99% | reduced |
| 32 | NVO NOVO-NORDISK A S | Healthcare | 0.0% | $6.9m | 118,809 | 72% | added |
| 33 | ISHARES TR | 0.0% | $6.7m | 37,833 | -17% | reduced | |
| 34 | GLOB GLOBANT S A | Technology | 0.0% | $2.7m | 25,594 | 15% | added |
| 35 | POOL POOL CORPORATION | Industrials | 0.0% | $2.5m | 11,709 | 16% | added |
| 36 | ISHARES TR | 0.0% | $2.3m | 46,108 | – | new | |
| 37 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.0% | $2.2m | 31,884 | 16% | added |
| 38 | TREX TREX CO INC | Industrials | 0.0% | $1.7m | 18,857 | 16% | added |
| 39 | APPF APPFOLIO INC | Technology | 0.0% | $1.5m | 13,886 | 69% | added |
| 40 | BLKB BLACKBAUD INC | Technology | 0.0% | $1.5m | 18,856 | 16% | added |
| 41 | LMAT LEMAITRE VASCULAR INC | Healthcare | 0.0% | $1.4m | 39,888 | 36% | added |
| 42 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.0% | $1.3m | 26,555 | 16% | added |
| 43 | EXPO EXPONENT INC | Industrials | 0.0% | $1.3m | 19,527 | – | new |
| 44 | MASI* MASIMO CORP | 0.0% | $1.2m | 7,643 | 16% | added | |
| 45 | EEFT EURONET WORLDWIDE INC | Technology | 0.0% | $1.2m | 7,609 | 16% | added |
| 46 | USPH U S PHYSICAL THERAPY INC | Healthcare | 0.0% | $1.2m | 10,358 | 47% | added |
| 47 | EPAM EPAM SYS INC | Technology | 0.0% | $1.1m | 5,351 | 16% | added |
| 48 | LFUS LITTELFUSE INC | Technology | 0.0% | $1.0m | 5,403 | 16% | added |
| 49 | LOPE GRAND CANYON ED INC | Consumer Defensive | 0.0% | $1.0m | 10,579 | 16% | added |
| 50 | AMN AMN HEALTHCARE SERVICES INC | Healthcare | 0.0% | $976.0k | 15,657 | 16% | 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.