Polen Capital Management 13F holdings, Q4 2022
Holdings as of December 31, 2022 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 93 US equity positions worth $34.3bn in its Q4 2022 13F filing. The largest position was AMZN at 8.6% of the reported book, followed by GOOG and MSFT. Against the Q3 2022 filing, it opened 4 new positions, added to 8 and reduced 37 among the top 50 holdings.
What did Polen Capital Management own in Q4 2022? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2022 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 8.6% | $3.0bn | 35,148,401 | -6% | reduced |
| 2 | GOOG ALPHABET INC | Communication Services | 6.8% | $2.3bn | 26,360,711 | -7% | reduced |
| 3 | MSFT MICROSOFT CORP | Technology | 6.6% | $2.3bn | 9,494,199 | -1% | reduced |
| 4 | ADBE ADOBE SYSTEMS INCORPORATED | Technology | 6.2% | $2.1bn | 6,270,216 | -10% | reduced |
| 5 | NFLX NETFLIX INC | Communication Services | 6.0% | $2.0bn | 6,930,451 | -5% | reduced |
| 6 | MA MASTERCARD INCORPORATED | Financial Services | 5.4% | $1.8bn | 5,289,548 | -14% | reduced |
| 7 | V VISA INC | Financial Services | 5.2% | $1.8bn | 8,654,720 | -15% | reduced |
| 8 | NOW SERVICENOW INC | Technology | 5.0% | $1.7bn | 4,452,974 | 13% | added |
| 9 | ABT ABBOTT LABS | Healthcare | 4.7% | $1.6bn | 14,618,742 | -7% | reduced |
| 10 | ADSK AUTODESK INC | Technology | 4.3% | $1.5bn | 7,907,485 | -6% | reduced |
| 11 | ACCENTURE PLC IRELAND | 4.2% | $1.5bn | 5,457,887 | -6% | reduced | |
| 12 | UNH UNITEDHEALTH GROUP INC | Healthcare | 4.2% | $1.4bn | 2,725,675 | -4% | reduced |
| 13 | CRM SALESFORCE INC | Technology | 4.1% | $1.4bn | 10,480,436 | -5% | reduced |
| 14 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 3.5% | $1.2bn | 2,193,711 | – | new |
| 15 | ILMN ILLUMINA INC | Healthcare | 3.0% | $1.0bn | 5,048,402 | 12% | added |
| 16 | ABNB AIRBNB INC | Consumer Cyclical | 3.0% | $1.0bn | 11,828,267 | -7% | reduced |
| 17 | IT GARTNER INC | Technology | 2.7% | $922.1m | 2,743,099 | -5% | reduced |
| 18 | PYPL PAYPAL HLDGS INC | Financial Services | 2.5% | $872.1m | 12,244,474 | -4% | reduced |
| 19 | ZTS ZOETIS INC | Healthcare | 2.4% | $821.0m | 5,602,029 | -6% | reduced |
| 20 | NKE NIKE INC | Consumer Cyclical | 2.2% | $763.4m | 6,524,307 | -20% | reduced |
| 21 | ISHARES TR | 1.6% | $543.6m | 2,537,512 | 330% | added | |
| 22 | DOCU DOCUSIGN INC | Technology | 1.3% | $455.0m | 8,209,972 | -5% | reduced |
| 23 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.0% | $353.1m | 1,674,073 | -16% | reduced |
| 24 | GOOGL ALPHABET INC | Communication Services | 0.9% | $311.3m | 3,528,451 | -2% | reduced |
| 25 | AON AON PLC | Financial Services | 0.9% | $299.7m | 998,370 | -6% | reduced |
| 26 | ICLR ICON PLC | Healthcare | 0.9% | $297.6m | 1,531,939 | -8% | reduced |
| 27 | SAP SAP SE | Technology | 0.4% | $137.9m | 1,336,698 | -7% | reduced |
| 28 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.4% | $127.8m | 535,082 | -2% | reduced |
| 29 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $63.3m | 813,991 | -11% | reduced |
| 30 | FORUM ENERGY TECHNOLOGIES IN | 0.2% | $53.5m | 946,123 | -0% | held | |
| 31 | UNILEVER PLC | 0.1% | $42.2m | 838,581 | 60% | added | |
| 32 | ISHARES TR | 0.1% | $37.6m | 442,679 | 34% | added | |
| 33 | ASML ASML HOLDING N V | Technology | 0.1% | $37.6m | 68,745 | -10% | reduced |
| 34 | GLOB GLOBANT S A | Technology | 0.1% | $35.8m | 212,638 | -12% | reduced |
| 35 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.1% | $32.7m | 38,663 | -8% | reduced |
| 36 | EL LAUDER ESTEE COS INC | Consumer Defensive | 0.1% | $30.8m | 124,162 | – | new |
| 37 | SHOP SHOPIFY INC | Technology | 0.1% | $29.6m | 852,098 | 63% | added |
| 38 | HDB HDFC BANK LTD | Financial Services | 0.1% | $21.5m | 314,866 | – | new |
| 39 | ISHARES TR | 0.1% | $19.4m | 426,424 | 300% | added | |
| 40 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.0% | $16.0m | 90,653 | -18% | reduced |
| 41 | HLI HOULIHAN LOKEY INC | Financial Services | 0.0% | $12.3m | 141,263 | -12% | reduced |
| 42 | ISHARES TR | 0.0% | $11.1m | 135,869 | – | new | |
| 43 | GLOBAL X FDS | 0.0% | $11.0m | 237,214 | 94% | added | |
| 44 | QLYS QUALYS INC | Technology | 0.0% | $10.6m | 94,246 | -15% | reduced |
| 45 | GOOSEHEAD INS INC | 0.0% | $10.1m | 292,967 | -7% | reduced | |
| 46 | WING WINGSTOP INC | Consumer Cyclical | 0.0% | $9.8m | 71,383 | -22% | reduced |
| 47 | RVLV REVOLVE GROUP INC | Consumer Cyclical | 0.0% | $9.6m | 433,236 | -13% | reduced |
| 48 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.0% | $9.3m | 102,037 | -43% | reduced |
| 49 | PGNY PROGYNY INC | Healthcare | 0.0% | $9.2m | 294,075 | -13% | reduced |
| 50 | YETI YETI HLDGS INC | Consumer Cyclical | 0.0% | $8.7m | 210,867 | -25% | reduced |
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.