Polen Capital Management 13F holdings, Q2 2023
Holdings as of June 30, 2023 · filings on SEC EDGAR · latest filing →
Polen Capital Management disclosed 100 US equity positions worth $40.3bn in its Q2 2023 13F filing. The largest position was AMZN at 13.7% of the reported book, followed by NFLX and MSFT. Against the Q1 2023 filing, it opened 3 new positions, added to 9 and reduced 36 among the top 50 holdings.
What did Polen Capital Management own in Q2 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2023 |
|---|---|---|---|---|---|---|---|
| 1 | AMZN AMAZON COM INC | Consumer Cyclical | 13.7% | $5.5bn | 42,244,188 | -6% | reduced |
| 2 | NFLX NETFLIX INC | Communication Services | 7.2% | $2.9bn | 6,608,014 | -5% | reduced |
| 3 | MSFT MICROSOFT CORP | Technology | 6.3% | $2.5bn | 7,424,001 | -20% | reduced |
| 4 | GOOG ALPHABET INC | Communication Services | 6.1% | $2.5bn | 20,328,899 | -5% | reduced |
| 5 | NOW SERVICENOW INC | Technology | 5.9% | $2.4bn | 4,214,967 | -4% | reduced |
| 6 | ADBE ADOBE SYSTEMS INCORPORATED | Technology | 5.6% | $2.3bn | 4,631,539 | -5% | reduced |
| 7 | MA MASTERCARD INCORPORATED | Financial Services | 4.9% | $2.0bn | 4,982,887 | -3% | reduced |
| 8 | V VISA INC | Financial Services | 4.6% | $1.9bn | 7,856,523 | -3% | reduced |
| 9 | CRM SALESFORCE INC | Technology | 4.1% | $1.7bn | 7,912,495 | -25% | reduced |
| 10 | ACCENTURE PLC IRELAND | 3.9% | $1.6bn | 5,160,507 | -3% | reduced | |
| 11 | ABT ABBOTT LABS | Healthcare | 3.7% | $1.5bn | 13,861,854 | -3% | reduced |
| 12 | ABNB AIRBNB INC | Consumer Cyclical | 3.7% | $1.5bn | 11,554,490 | -3% | reduced |
| 13 | PYPL PAYPAL HLDGS INC | Financial Services | 3.7% | $1.5bn | 22,163,025 | 77% | added |
| 14 | UNH UNITEDHEALTH GROUP INC | Healthcare | 3.2% | $1.3bn | 2,656,274 | -2% | reduced |
| 15 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 2.9% | $1.2bn | 2,238,649 | -1% | reduced |
| 16 | ADSK AUTODESK INC | Technology | 2.8% | $1.1bn | 5,480,511 | -30% | reduced |
| 17 | ILMN ILLUMINA INC | Healthcare | 2.4% | $955.7m | 5,097,461 | 0% | held |
| 18 | ZTS ZOETIS INC | Healthcare | 2.3% | $929.6m | 5,397,918 | -2% | reduced |
| 19 | WDAY WORKDAY INC | Technology | 2.2% | $874.6m | 3,871,968 | – | new |
| 20 | NKE NIKE INC | Consumer Cyclical | 1.7% | $701.2m | 6,353,109 | -2% | reduced |
| 21 | IT GARTNER INC | Technology | 1.7% | $684.1m | 1,952,855 | -28% | reduced |
| 22 | ALGN ALIGN TECHNOLOGY INC | Healthcare | 1.4% | $559.5m | 1,582,077 | -2% | reduced |
| 23 | DOCU DOCUSIGN INC | Technology | 1.1% | $432.9m | 8,474,014 | -0% | held |
| 24 | ICLR ICON PLC | Healthcare | 0.9% | $366.8m | 1,466,021 | -1% | reduced |
| 25 | AON AON PLC | Financial Services | 0.7% | $279.9m | 810,868 | -2% | reduced |
| 26 | GOOGL ALPHABET INC | Communication Services | 0.7% | $270.1m | 2,256,727 | -1% | reduced |
| 27 | SAP SAP SE | Technology | 0.4% | $173.4m | 1,267,259 | -4% | reduced |
| 28 | ADP AUTOMATIC DATA PROCESSING IN | Technology | 0.3% | $119.9m | 545,332 | 1% | added |
| 29 | MDT MEDTRONIC PLC | Healthcare | 0.2% | $68.9m | 781,913 | -3% | reduced |
| 30 | GLOB GLOBANT S A | Technology | 0.2% | $66.0m | 367,091 | 83% | added |
| 31 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.1% | $57.3m | 48,386 | -4% | reduced |
| 32 | SHOP SHOPIFY INC | Technology | 0.1% | $50.8m | 786,604 | -4% | reduced |
| 33 | ASML ASML HOLDING N V | Technology | 0.1% | $46.3m | 63,864 | -4% | reduced |
| 34 | UNILEVER PLC | 0.1% | $39.9m | 765,200 | -4% | reduced | |
| 35 | ISHARES TR | 0.1% | $35.3m | 128,099 | -6% | reduced | |
| 36 | HDB HDFC BANK LTD | Financial Services | 0.1% | $32.2m | 461,637 | 56% | added |
| 37 | EL LAUDER ESTEE COS INC | Consumer Defensive | 0.1% | $25.0m | 127,240 | 6% | added |
| 38 | FORUM ENERGY TECHNOLOGIES IN | 0.1% | $24.9m | 25,153,000 | – | new | |
| 39 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 0.1% | $23.6m | 3,196,407 | -6% | reduced |
| 40 | DLO DLOCAL LTD | Technology | 0.1% | $20.6m | 1,688,501 | 88% | added |
| 41 | LVS LAS VEGAS SANDS CORP | Consumer Cyclical | 0.0% | $19.4m | 333,893 | 3% | added |
| 42 | GOOSEHEAD INS INC | 0.0% | $14.5m | 230,102 | -21% | reduced | |
| 43 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.0% | $14.4m | 73,038 | -2% | reduced |
| 44 | ATHM AUTOHOME INC | Communication Services | 0.0% | $13.8m | 473,007 | -5% | reduced |
| 45 | EPAM EPAM SYS INC | Technology | 0.0% | $13.1m | 58,485 | 31% | added |
| 46 | HLI HOULIHAN LOKEY INC | Financial Services | 0.0% | $12.9m | 130,892 | -5% | reduced |
| 47 | ALIGHT INC | 0.0% | $12.7m | 1,376,117 | 84% | added | |
| 48 | YUMC YUM CHINA HLDGS INC | Consumer Cyclical | 0.0% | $12.5m | 220,451 | – | new |
| 49 | PGNY PROGYNY INC | Healthcare | 0.0% | $10.9m | 277,481 | -4% | reduced |
| 50 | WING WINGSTOP INC | Consumer Cyclical | 0.0% | $10.0m | 49,914 | -5% | 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.