Polen Capital Management 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 63 US equity positions worth $23.1bn in its Q1 2020 13F filing. The largest position was MSFT at 11.0% of the reported book, followed by META and GOOG. Against the Q4 2019 filing, it opened 4 new positions, added to 40 and reduced 6 among the top 50 holdings.
What did Polen Capital Management own in Q1 2020? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MSFT MICROSOFT CORP | Technology | 11.0% | $2.5bn | 16,048,078 | 3% | added |
| 2 | META FACEBOOK INC | Communication Services | 7.8% | $1.8bn | 10,783,819 | 20% | added |
| 3 | GOOG ALPHABET INC | Communication Services | 7.4% | $1.7bn | 1,472,308 | 5% | added |
| 4 | ADBE ADOBE INC | Technology | 7.1% | $1.6bn | 5,134,597 | 4% | added |
| 5 | ABT ABBOTT LABS | Healthcare | 5.7% | $1.3bn | 16,659,583 | 87% | added |
| 6 | V VISA INC | Financial Services | 5.7% | $1.3bn | 8,145,906 | -20% | reduced |
| 7 | MA MASTERCARD INC | Financial Services | 5.2% | $1.2bn | 4,934,230 | 4% | added |
| 8 | ZTS ZOETIS INC | Healthcare | 5.0% | $1.1bn | 9,767,087 | -10% | reduced |
| 9 | ACCENTURE PLC IRELAND | 4.7% | $1.1bn | 6,658,492 | 6% | added | |
| 10 | NOW SERVICENOW INC | Technology | 3.9% | $895.6m | 3,125,270 | 61% | added |
| 11 | CRM SALESFORCE COM INC | Technology | 3.8% | $872.9m | 6,062,595 | 97% | added |
| 12 | REGN REGENERON PHARMACEUTICALS | Healthcare | 3.6% | $840.3m | 1,721,002 | 3% | added |
| 13 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 3.3% | $772.0m | 5,112,345 | -20% | reduced |
| 14 | PYPL PAYPAL HLDGS INC | Financial Services | 3.3% | $757.5m | 7,911,640 | 3% | added |
| 15 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 3.2% | $728.1m | 5,327,251 | 5% | added |
| 16 | NKE NIKE INC | Consumer Cyclical | 3.1% | $725.8m | 8,771,584 | -19% | reduced |
| 17 | MSCI MSCI INC | Financial Services | 2.7% | $626.0m | 2,166,322 | 3% | added |
| 18 | ADSK AUTODESK INC | Technology | 2.5% | $581.6m | 3,725,811 | – | new |
| 19 | IT GARTNER INC | Technology | 2.4% | $561.3m | 5,637,428 | 6% | added |
| 20 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 2.3% | $528.6m | 3,039,006 | 8% | added |
| 21 | SBUX STARBUCKS CORP | Consumer Cyclical | 2.3% | $528.0m | 8,031,200 | 6% | added |
| 22 | GOOGL ALPHABET INC | Communication Services | 2.1% | $478.2m | 411,589 | 2% | added |
| 23 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.4% | $98.8m | 508,008 | 28% | added |
| 24 | ISHARES TR | 0.3% | $62.1m | 412,466 | 990% | added | |
| 25 | ICLR ICON PLC | Healthcare | 0.2% | $43.1m | 317,219 | 22% | added |
| 26 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $37.2m | 412,859 | 37% | added |
| 27 | SAP SAP SE | Technology | 0.2% | $36.6m | 331,675 | 20% | added |
| 28 | NEW ORIENTAL ED & TECH GRP I | 0.1% | $29.0m | 268,008 | – | new | |
| 29 | RELX RELX PLC | Industrials | 0.1% | $19.4m | 908,876 | 24% | added |
| 30 | UNILEVER PLC | 0.1% | $18.9m | 374,649 | -1% | reduced | |
| 31 | CHECK POINT SOFTWARE TECH LT | 0.1% | $17.3m | 172,300 | 21% | added | |
| 32 | ORCL ORACLE CORP | Technology | 0.1% | $15.3m | 317,570 | 49% | added |
| 33 | GLOB GLOBANT S A | Technology | 0.0% | $3.6m | 41,022 | 60% | added |
| 34 | APPF APPFOLIO INC | Technology | 0.0% | $2.6m | 23,275 | 68% | added |
| 35 | TREX TREX CO INC | Industrials | 0.0% | $2.5m | 31,505 | 67% | added |
| 36 | EXPO EXPONENT INC | Industrials | 0.0% | $2.3m | 32,603 | 67% | added |
| 37 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.0% | $2.2m | 53,367 | 67% | added |
| 38 | POOL POOL CORPORATION | Industrials | 0.0% | $2.1m | 10,892 | -7% | reduced |
| 39 | WING WINGSTOP INC | Consumer Cyclical | 0.0% | $1.9m | 23,588 | 115% | added |
| 40 | MASI* MASIMO CORP | 0.0% | $1.9m | 10,534 | 38% | added | |
| 41 | BLKB BLACKBAUD INC | Technology | 0.0% | $1.7m | 31,463 | 67% | added |
| 42 | EPAM EPAM SYS INC | Technology | 0.0% | $1.7m | 8,967 | 68% | added |
| 43 | LMAT LEMAITRE VASCULAR INC | Healthcare | 0.0% | $1.7m | 66,572 | 67% | added |
| 44 | AMN AMN HEALTHCARE SVCS INC | Healthcare | 0.0% | $1.5m | 26,116 | 67% | added |
| 45 | RVLV REVOLVE GROUP INC | Consumer Cyclical | 0.0% | $1.5m | 168,735 | – | new |
| 46 | FND FLOOR & DECOR HLDGS INC | Consumer Cyclical | 0.0% | $1.4m | 44,294 | 67% | added |
| 47 | ALRM ALARM COM HLDGS INC | Technology | 0.0% | $1.3m | 34,418 | 67% | added |
| 48 | USPH U S PHYSICAL THERAPY INC | Healthcare | 0.0% | $1.3m | 19,358 | 87% | added |
| 49 | ENVESTNET INC | 0.0% | $1.2m | 22,315 | 85% | added | |
| 50 | HELE HELEN OF TROY CORP LTD | Consumer Defensive | 0.0% | $1.2m | 8,280 | – | 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.